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Strategy essentially involves competing to be unique. It is the key to achieving goals through proper planning, resourcing, implementation and evaluation of various strategy management tactics. The strategy is essentially the choices an organization makes, that defines what markets to be served and how to gain a competitive advantage in the marketplace. The strategy involves taking basic directional decisions for organizational purposes and missions....
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Managing an Organization is no less than driving a ship through a sea with mine infected areas. At any point in time, a crisis can strike, and it takes good leaders to cope up with the situation and lead the team to success. Organizations led by leaders with inadequate leadership skills and crisis management easily succumb to external pressure causing great damage not just to the organization head but also to people associated with them. Other than...
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Presentation skills are the abilities an individual requires to reach a range of audiences with successful and stimulating presentations. Such abilities cover a wide range of areas such as the presentation design, the voice pitch, the slide layout, and the facial expressions one displays. A presentation is a mechanism by which an issue is presented to the public. It is typically a demonstration, introduction, lecture or speech aimed at informing,...
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The world of marketing has shown immense growth since its birth and is continually growing. The business companies in the market run into neck-to-neck competition with each other and thus it has become important for each and every business company to be the best. The kind of strategies that a company uses within its different marketing sectors greatly determines the successfulness of a company.
“Pricing Strategies” can be defined as a way or...
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The law of the Supply and Demand is a vital concept and part of the economy of the world. This is a concept which is followed by every country and every place in order to make good progress in the product of the goods and services, in the fulfillment of the various demands of the consumers. It is an important aspect which shows the relationship between the various resources and the demands of those resources. The supply is also an important aspect...
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It is not a secret that to attain success in investment, an investor would have to buy at low and sell high. Perhaps the problem is that most people lack psychic power. There are experts who can tell about some of the most common mistakes investors make and while it is easy to chase the hot possessions, it is the less obvious pitfalls to look out for.
Because these less obvious, and sometimes almost negligible snares can lead to bigger consequences.
It's...
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Gold teeth, Grey Goose, diamonds, tiger on a gold leash, Maybach — everything luxurious is the topic of conversation that points to the peak of one's life. Much like Lorde's Royals music, there are times when people can't even make sense why would you spend millions of dollars on skincare, branded bags, and sports cars. How does a business that relies on ideas that don't make sense sell their products? What is the logic behind the illogical actions...
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To define productivity at the workplace in simple words, it is about how efficiently an organization's employees achieve their company's goals and objectives and produce best goods or services to meet their customers' demands and expectations.
Maintaining great levels of productivity at the workplace can help the companies in reducing expenditures, increase the satisfaction level of customers and other stakeholders, go for expansion plans, and stay...
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There is no simple way to explain how economy works. Economy depends on various factors. The economy of the USA is not same as the economy of India. Globalization is real but still different countries have different economy even today. Argentina once faced a huge economic crisis, and in time to time, there were global economy crisis. Productivity, transactions, demands decide the economy. There are multiple theories of how the economy work. Economy...
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The advancement of business investigation as an expert control has developed the part and obligations of the business analyst (BA). Progressively, BAs are connected with an early point. They research thoughts and issues, detail choices for a path forward and create business cases setting out their decisions and suggestions. Therefore, the obligation regarding exhorting associations on successful game-plans lies with BAs, and their work goes before...
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In a world where women have a greater opportunity to work and earn, Sheryl Sandberg introduces her readers to the many problems a woman has to face at work, in the society and at home as she tries juggle her life as a mother, a wife, and an aspiring, career-oriented professional. Her book, Lean In, received a lot of praise from readers, mostly women, who have been seeking success in their careers. At the same time, the book has been criticism too....
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Nobody can deny the importance of currency in the financial or economic world. With the advancements in technology, there was a need for some digital way to store data. Then Blockchain arrived and changed the thinking of people and businesses. Yes, Blockchain is definitely a breakthrough in the digital financial world and it is going to be the stronger technology for future generations.
Big companies, as well as businesses, have felt the importance...
13) Music Business
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The music business is part of the entertainment industry, a segment Billion dollars worldwide, surpassing the automotive sector in sales, behind only the defense industry. Artists and small producers do not have specific knowledge and skills to undertake their own business or to manage their career. This study sought to address the main issues in the areas of the music industry, entrepreneurship, finance, and marketing. We seek to present the issues...
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Paul Collier is a faculty in Economics and presently working in the capacity of Director of Oxford University's Center for the Study of African Economies and also he was previously the Director of the World Bank Development Research. He is the creator of many distinguished books to his credit viz., Wars, Guns and Votes: Democracy in Dangerous Places and also authored the award-winning book, The Bottom Billion.
Wide new rifts are breaking apart Britain's...
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Now for everyone to contemplate, here's a host of riddles, what should one do in a specific scenario? When penalty kick activity is repeated 10-15 times, which side will an individual incline towards to reduce the goals scored being the goalkeeper? Or where will one aim at for your scoring pattern to be maximized? What action would a player make if he has inferences about kicker and goalkeeper from precedence that occurred in the past? That is a tough...
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Humans have not been able to understand a lot of things. One of these is the human brain itself. The human brain has millions of cells inside it. Each cell has a very specific function. The human mind has immense powers and the harnessing of these powers is in the hands of humans. Complex calculations, body functioning, the synchronized fashion of the human limbs are all in the hands of the brain. Thinking and analyzing is also done by the brain....
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Perfectionism is a concept. While it is true that there is no universal agreement on the definition of perfection, many people strive to attain perfection in everything they do. Like everything else, perfectionism has positive and negative sides. Perfectionists have produced some of the best works in the world. This is true in art, movies, sports, technology, etc. But there is a dark side to it. Perfectionists are obsessed with perfection. Inability...
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Mental toughness is an ability to maintain composure, visualize the situation and think under pressure during difficult times and find ways of getting out of it. Mental toughness is a sort of step or measure an individual adopts when the time is tough and predicts success in a life situation or in sports. Hence, an individual overcomes a tough situation, regains confidence to attract success. Players have to learn the art of mental toughness and train...
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Every institution needs some functions to be performed in order to achieve the objectives according to the principles. These functions could be planning, execution or controlling. Controlling is an indispensable part of the management process as it helps an organization in achieving the goals. It is the appropriate way of judging the accuracy of standards according to which the execution of plans is done. It is imperative for the efficient use of...
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The author of the book viz., The Ascent of Money: A Financial History of the World, Niall Ferguson, reveals the significance of money in tandem with human existence. He has meticulously traced back the evolution of this pecuniary element from as early as ancient Mesopotamian civilization to its present alarming turbulence and instability observed all across the globe similar to the concerns over global warming. The progressive ascent has rightly been...