Overview MRTS in economics refers to the Marginal Rate of Technical Substitution which is termed as the slope of isoquant. Isoquants are defined almost the same as the indifference curve with few changes. As a result, we will take a quick look at isoquants before studying MRTS in economics in detail. Isoquants An isoquant is a level … Read more
Methods For Portfolio Analysis Portfolio analysis has various methods which depend upon the purpose and product. One of the things which influence the market analysis is the strategy opted by the company: stability strategy, expansion Here are different methods for portfolio analysis in strategic management: Technological portfolio BCG Growth-Share Matrix Hofer’s Product-Market Evolution Matrix GE … Read more
Overview Flipkart and Myntra merger case study brought the two biggest e-tailers of India together. The merger made it possible for both investors Flipkart and Myntra to strengthen their parts. Thus Flipkart strengthened its structure of product offering while Myntra got a chance to leverage its infrastructure. Moreover, the Flipkart and Myntra merger case study … Read more
Introduction The RADPAC model is a kind of negotiation model which explains a certain process in which negotiation can be held. The negotiation model is largely used in Corporates and will be discussed later. For better understanding we need to know the other terms which are explained as follows : What is Negotiation? This concept … Read more
Introduction of Product Hierarchy Example Product hierarchy example is a part of marketing that explains how a product can be categorized using different tools. Knowledge of what happens under this head, we will start with the basic terms to get in-depth knowledge. What is the product? A product is any tangible object which can be … Read more
Strategic Management Strategic management is developing, implementing and controlling the strategy, which defines an organization intends to exist and why it will continue to exist. Still, the organization will maintain its competitive advantage. Strategic intent defines the organization’s actions towards achieving its vision. It motivates people. It clarifies the vision of the company. Strategy in … Read more
Difference between self-worth and self-esteem: Every person once in while have wondered about their personality, what kind of person you are? I believe this is the crucial questions to anyone asks yourself. Asking this question tells you what you like and what you hate about yourself, or should I say something you want to change. … Read more
How to be more focused in life: We all know today’s world distractions and the speed at which the world is changing, our distractions are also improving, but I believe it is not the matter of distraction. But, the issue of retention. Our power of retention is decreasing. A century ago before films and cinema, … Read more
How to let go of your past mistakes: We all have made mistakes, and we all make mistakes in our daily lives. But some mistakes become so prominent in life that regrets of those past mistakes cause anxiety. Then it becomes crucial to know how to let go of your past mistakes. This is not … Read more
Self-esteem and self-confidence difference; It’s something that confuses many people many times, as these words look similar to most people. So, it’s difficult for them to look at both of these things differently. These words are very different and there, In their meaning and even in their implications in lives. ‘Self-esteem and self-confidence difference; esteem … Read more
Things to do in downfall: There are things to do in the downfall as every day is not a happy or a smiley day. We all face problems, obstacles, criticism, and defeats. These problems in life are financial, career, or family issues, which causes us to feel low self-esteem; self-doubt gives us more anxiety, stress. … Read more
Things To Do For Self Growth: We all think about self-development plans in our life to make ourselves a better person. But, we are never able to find out what sort of things to do for self growth? Or in which direction we need to work? Following the same patterns or not letting yourself to … Read more