Entrepreneurs vs Innovators: Entrepreneurs often form new businesses called startups that focus on creating and introducing a new product or service. While innovators also play their part within those startups. Both terms relate to a certain extent, however, there are…
Effects of inflation on business Most people think about inflation as a situation of rising prices. However, it is actually the value of money going down. The overall effects of inflation are negative on individuals as well as businesses. When…
Small business failures: Every year, thousands of entrepreneurs set up new businesses. They enter into business with a hope of success, however; they face constant challenges and a lot of fear of business failures. According to the Bureau of Labor…
Importance of social media in business: Business exposure or brand awareness is one of the primary objectives of the business. The advent of digital technology has made it possible to approach the largest and targeted audience through the growing wave…
Unethical business practices: Business organizations are reluctant to embrace ethical practices and behaviors. However, they engage in unethical business practices to earn a big profit and capture a bigger market share, which is a common business goal for every organization.…