The retail industry is comprised of the process where retailers sell their final products and services to the end consumers. Retailer is the person who carries out the function of processing many small orders, rather than one big order like in wholesale, governments, and corporations. The retail industry operates at the bottom of the supply chain management system of distribution, …
Huawei falls under the category of ICT – Information and communication technology. The headquarters of the company, Information and Communication Technology, is situated in China. Ever since the establishment of the company in 1987, the products and services of the Huawei have spread across 170 countries. According to an estimate, there are approximately more than 180,000 people currently working in …
Introduction to Facebook Facebook, the world’s biggest social media platform with having 2.89 billion active users across the world, began its journey in 2004. Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Eduardo Saverin are its founding members, and the rest is history. The company has hired approximately 44942 employees to run its various operations. Paid advertisements are the major source …
Tourism has seen a boom in recent times. This has a lot to do with the rising economic capabilities of the middle class. Human behavior has also changed towards being more extravagant through traveling. But there are many factors that affect the tourism industry globally and there are threats to it as well. Tourism is one of the primary aspects …
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 businesses. Their clientele primarily consists of new startups and freelancers, who can’t afford to …
Situated in the North-Western part of Europe, Norway is a quaint Scandinavian country. It is famous for its external environment such as lush mountains, a beautiful coastline, and also for its peaceful nature. It’s neighboring countries are Denmark, Sweden, and Finland. Following is Norway’s Pestle Analysis that looks into the various political, economic, socio-cultural, technological, legal, and environmental aspects of …
Introduction to Banking Industry Banking industry operates as a network of financial institutions, and it offers various services like cash, deposit, credit, money transfer, and other transactions. Banks use public money (deposit, make loans, and earn profit from them. These loans could be business loans, car loans, personal loans, and mortgages. The banking industry is comprised of many small parts like; …
The recent era of economic depression shook all industries and airlines’ industry was no exception. Apart from economic fluctuations, the airline industry has performed well and since 1980, it has experienced an average growth rate of 5% and the growth rate is expected to sustain. Nevertheless, there are various challenges that the airline industry faces which includes high operational costs, …
Introduction Australia is a vast continent and a country comprised of many smaller islands. Her landscape comprises of beautiful beaches, tropical forests, deserts, mountains, and plethora variety of wildlife, birds, and insects. When we talk about majestic size and area, Australia is the 6th largest country in the world. The capital of the country is Canberra, while her most populated …