Category Archives: Business
Successful Business Through Social Bookmarking.
Bookmarking in social sites are very powerful source to raise your page rank in search result.It also helps indexing a particular web page quickly.This marketing tool is much more productive than other traditional methods of promoting sales and in making … Continue reading
Selling VS Listening
Ninety-seven percent of networkers are destined for failure BEFORE they even start building their home based businesses. With no training on marketing and prospect psychology, without any clue on how to do this business, they are literally told to start … Continue reading
Four Important Things About Affiliate Marketing.
The word Internet has no longer has been known as Internal-network it has become International Network.With internet one can stay connected to whole world and thats the reason affiliate marketing is more popular on internet.One can get all essential tools … Continue reading
A software that helps trader to being taken advantage my broker..
It has been long time since, trading variation of market existed, there are some ethical broker. When it comes to forex or any betting site or any gambling a middle man is required, there will be brokers out there who … Continue reading
MLM Downline Tricks
INTRODUCTION:- We heard about best income oppurtunity which popularly known Multi Level Marketing,which is also known as MLM.MLM is nothing but promoting product or services at the same time building your downline to earn more comissions and sales.But we found … Continue reading
Criticisms of indi¡erence curve analysis
First, the theory says nothing about the process by which preferences are set or howpreferences are changed. In practice, consumers may follow ingrained patterns ofconsumption based on experience and learning. Second, the theory is static and, although it compares one … Continue reading
LIMITING THE IMPACT OF UNCERTAINTY
Economics has traditionally assumed when building models that decision makerspossess clear objectives, perfect knowledge and perfect foresight; as a consequence,rational and fully informed decision-makers never make mistakes. In practice, thefuture is uncertain and decision makers are boundedly rational. As a … Continue reading
RISK VERSUS UNCERTAINTY
Economics, following Knight (1921), distinguishes between risk and uncertainty. Riskrefers to outcomes where the range of potential future outcomes is known from pastexperience. Future values and objective probabilities can therefore be attached to allpossible outcomes. The values of possible alternative … Continue reading
Criticisms of the Lancaster model
The main criticisms of Lancaster’s model are that not all characteristics can be measured objectively. Di¡erent consumers may see the same product or brand as representing the same characteristics but in di¡erent proportions. The notion of substitution between similar but … Continue reading
WILLIAMSON’S MANAGERIAL UTILITY MODEL
Williamson (1963) sought to explain ¢rm behaviour by assuming senior managementseeks to maximize its own utility function rather than that of the owners. Managers¢nd satisfaction in receiving a salary, knowing they hold a secure job, that they are important, have power … Continue reading
CORPORATE SOCIAL RESPONSIBILITY
Where ¢rms have a degree of discretion over their objectives, there has been considerabledebate as to the extent to which ¢rms should behave in ethically responsible waysand be concerned with the social consequences of the pursuit of their objectives. In … Continue reading
COMPARISON OF BEHAVIOURAL AND TRADITIONAL THEORIES
The behavioural model has been extensively criticized by economists. A summary of theassumptions of the model and those of pro¢t-maximizing are presented in Table 2.1.The behavioural model makes use of a more realistic decision-making process for alarge enterprise where the … Continue reading
Cyert and March model
Although satis¢cing generates a realistic learning process, the objectives associatedwith outcomes are rather vague compared with the precise objectives of pro¢t and sales maximization. This would appear to make the construction of a predictive behavioural theory rather di?cult. Nevertheless, Cyert and March … Continue reading
WILLIAMSON’S MANAGERIAL UTILITY MODEL
Williamson (1963) sought to explain ¢rm behaviour by assuming senior managementseeks to maximize its own utility function rather than that of the owners. Managers¢nd satisfaction in receiving a salary, knowing they hold a secure job, that they are important, have power … Continue reading
Criticisms of the Lancaster model
The main criticisms of Lancaster’s model are that not all characteristics can be measured objectively. Di¡erent consumers may see the same product or brand as representing the same characteristics but in di¡erent proportions. The notion of substitution between similar but … Continue reading