Outsourcing is a business strategy that involves an organization contracting the services of another organization or service provider to perform specific activities related to operation […]
Category Archives: Business and Markets
Thomas Friedman: The Untouchables and New Middle Jobs
In his international bestselling book “The World is Flat: A Brief History of the Twenty-First Century” first published in 2005 and republished in 2007 with […]
Elements of Search Engine Optimization
Search engine optimization or SEO is a type of digital marketing activity and a subtype of search engine marketing centered on the adherence to standards […]
Reasons why Apple Products are Expensive
Apple products are notoriously expensive when compared to similar products from competitors. The current generations of the iPhone are several hundreds of dollars more expensive […]
The Difference Between Socialism and Communism
Both socialism and communism share a similarity with regard to their core principles: the creation and maintenance of a social and economic system based on […]
Causes of the Great Depression: Theories and Explanations
The Great Depression or the Depression of the 1930s was a global economic crisis that began in the United States after the collapse of the […]
Types and Sources of Economies of Scale
Economies of scale are the cost advantages resulting from reduced cost of production per unit due to an increase in the level of output. The […]
Components of a Procurement Plan
A procurement plan is a document that describes the procurement requirements and procurement strategy of an organization or a particular project or program. It essentially […]
How to Write a GDPR Privacy Notice
The General Data Protection Regulation or GDPR that took effect on 25 May 2018 has compelled individuals and organizations that operate websites with exposures in […]
How to Write a Capability Statement
A capability statement is a brief document used in a business-to-business transaction that precisely discusses the profile or describes the background and capabilities of a […]