The purpose of businesses is not merely to make profits. Granted, money-making is one of the major activities of any commercial establishment. But there are businesses that make the welfare of society their prime concern. Non-profit organizations and charities are such businesses that work to improve …
As we know that a company is an independent legal entity where a group of people who work together to achieve a common goal. A company has many pros and cons like limited liability and double taxation. However, we’ll discuss the types of companies today. Here …
In today’s world of rapid tech changes and overnight commercial disruptions, business models are changing practically at the drop of a hat. A prime example of this in the present times is WeWork. WeWork works on a novel business model that provides office spaces to small …
Today we’ll discuss the impact of psychological pricing on the decision making process of customers when they visit the market. What is Psychological Pricing? Psychological pricing is the art and process of using the factional numbers instead of the whole figures. For instance, marketers price their …
As we know that entrepreneurship is about starting a new venture to gain profit, even though it involves a significant amount of risk, but the entrepreneur takes the risk. Launching a new business is a very common example of entrepreneurship. There are different types of entrepreneur …
What is Slack Slack is a cloud-based platform that allows people to send and receive instant messages, emails, and notifications by using the single app. In other words, slack is an integration of various miscellaneous platforms into a single one. Whether it’s direct messaging or group …
What is Consumer Market? The consumer market comprises of those people who are the end-users and they don’t resell the product or service any further. We see products and consumers everywhere in the market. Whenever a person buys a product, then he becomes a part of …
A company is a natural legal entity formed by the association and group of people to work together towards achieving a common objective. It can be a commercial or an industrial enterprise. Different types of companies are taxed differently; therefore, the taxation of the company defines …
What is Marketing? Marketing is the art and process of building, managing and maintain an exchange relationship; where you start with attract the customers, establishing a relationship with them, and finally maintaining it by satisfying their needs. That customer can be other businesses or the consumers; …
Chipotle Introduction Chipotle Mexican Grill is famously known as ‘Chipotle,’ it’s an American multinational fast-food brand that has been operating its business across different countries like UK, France, Germany, Canada, and the US. The products Chipotle offers to its customers are salad, soup, sandwich, burrito, tacos, …
