Advantages and Disadvantages of Psychology Pricing

Psychology pricing is the pricing technique used in marketing by the sellers to lure customers towards their product or service by exploiting the psychology of the customer. So for example companies setting the price of product or service at $49.99 instead of $50 or $99.99 instead of $100 are examples of psychology pricing. In order [...]

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Process of Communication

Communication is very important whether it’s through formal channel that is with your boss or employees as well as informal channel that is with your family or friends because a slight miscommunication can lead to big problems both at workplace as well as in personal life and that is the reason why one should follow [...]

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PERT Advantages and Disadvantages

PERT Meaning PERT is the term used in the context of finance with respect to project management, the full form of PERT is Project Evaluation and Review Technique. PERT helps the management in analysis of reasonable time or period it will take to finish a project, in order to understand this concept better let’s look [...]

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Difference between Entrepreneur and Intrapreneur

Entrepreneur and intrapreneur both have a unique idea as well as entrepreneurship skills besides they sound similar too but they are different from each other in many ways. While entrepreneur is like captain of the ship whereas intrapreneur is like a smart crew member of the ship, in order to understand it better let’s look [...]

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Micro Economic Factors

Every company which is into business has to deal with many things but the things that matter the most to the company are the micro economic factors which impact the business of the company. Given below is the list of micro economic factors – Micro Economic Factors Customers – Customers are central to any company [...]

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