Brands considering a live-shopping strategy must lean on influencers

Brands considering a live-shopping strategy must lean on influencers

Since October 2019 live shopping — the seamless and simultaneous mixing of online purchasing, live streaming, and social media — has been sweeping North America.…
Cumulative Process – an economic theory of interest

Cumulative Process – an economic theory of interest

A cumulative process is a project management approach in which each step is based on the outcomes of all previous steps. It adds to the…
UN World Food Program Calls Musk’s Bluff – Will the Billionaire Pay Up

UN World Food Program Calls Musk’s Bluff – Will the Billionaire Pay Up

Let us say you have $1,000, and someone offers you $20 in exchange for saving tens of millions of people from starvation. Outside of a…
Customer Relationship Management (CRM)

Customer Relationship Management (CRM)

Customer relationship management (CRM) provides businesses with a holistic picture of the customer experience, allowing them to make informed decisions about how to enhance it…
Quantity Theory of Money – in Monetary Economics

Quantity Theory of Money – in Monetary Economics

Monetary economics is a branch of economics that studies various money theories. The quantity theory of money (often abbreviated QTM) is a branch of Western…
Business Meeting – Definition and Types

Business Meeting – Definition and Types

A meeting occurs when two or more people gather to discuss one or more topics, most often in a formal or business setting, but meetings…
Importance of Flexible Budget

Importance of Flexible Budget

A flexible budget in business is one that can be adjusted based on changing costs and revenue. The importance of a flexible budget is heavily…
Rational Choice Theory – a Concept in Social Work

Rational Choice Theory – a Concept in Social Work

Rational choice theory is an important concept in social work because it explains how people make decisions. It refers to a set of rules that…
Rational Expectations – In Economics

Rational Expectations – In Economics

A rational expectation is an economic theory that states that people make decisions based on the best available market information and learn from past trends.…
Material Requirements Planning (MRP)

Material Requirements Planning (MRP)

Material Requirements Planning (MRP) is the process of converting master schedule needs for completed items into time-phased requirements for raw materials, components, parts, and sub-assemblies.…
Organizations that are Systems Clever Prosper Regardless of their Structure

Organizations that are Systems Clever Prosper Regardless of their Structure

Is it a matrix, a process, or something else entirely? According to a study conducted by doctoral student Juha Törmänen, Professor Esa Saarinen, and Professor…
Volatility Arbitrage in Finance

Volatility Arbitrage in Finance

Volatility arbitrage is a financial arbitrage technique that is directly dependent on and based on volatility. It is a trading strategy that seeks to profit…
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