Business & Management

 Competitive Advantage Remember, when you last visit a grocery store to purchase shampoo, a face wash, or toothpaste. You had chosen a specific one to buy amongst many brands available on the shelf. Why did you choose that particular shampoo, face wash, or toothpaste? The answer is that a particular brand belonged to a company having a competitive advantage over its market rivals. And this competitive advantage made you select that brand. This is a very direct and simple example of the importance of competitive advantage. In this article, we will discuss in details The Definition of Competitive Advantage Examples of Competitive Advantage Types of Competitive Advantage How to identify the Competitive Advantage of your Business Strategies for Competitive Advantage A Case Study of Competitive Advantage Definition of Competitive Advantage The term competitive advantage refers to all the factors that make the customer choose your company's product over your competitor's. This compet...

 Personal Finance Advisor Personal Finance is a way to plan, manage and achieve personal financial goals. It encompasses your financial activities such as your income, spendings, savings, and investments. In this article, we will discuss Understanding of Personal Finance                     AND How to plan Personal Finance Understanding of Personal Finance? Let's discuss in detail the most important issues under personal finance. Explore each one by one as a Personal Finance Advisor to have a comprehensive understanding of the subject.  The main areas of your Finance are  1- your earnings or income 2- your expenses or spendings 3- your nest eggs or savings 4- your equity or investments 5- your insurance or financial protection 1- Earnings or Income All kinds of regular or irregular cash inflows you receive from one or different sources to support you and your family's spendings. If you have no income or earnings, there wil...

SWOT ANALYSIS موجودہ معاشی حالات اور خاص طور پر وبائی صورتحال کے بعد ، کاروبار کو اپنی کارکردگی کو بہتر بنانے ، چیلنجوں سے نمٹنے اور اپنے مقاصد کے حصول کے لئے اسٹریٹجک یعنی دور اندیش فیصلے کرنے کی ضرورت ہے۔ یہ طویل المیعاد پالیسی فیصلے تب ہی نتیجہ خیز ثابت ہوسکتے ہیں جب صحیح معلومات اور وسیع تر تحقیق کی روشنی میں کئے جائیں۔ آپ یا تو کوئی کاروبار کرتے ہیں یا پھر کسی کے کاروبار میں ملازمت کرتے ہیں۔ دونوں صورتوں میں آپ روزانہ کاروبار سے منسلک رہتے ہیں۔ کاروبار میں بہت سے آپریشنل فیصلے لیے جاتے ہیں جو کاروباری روٹین کا حصہ ہوتے ہیں۔ جیسے کسی فیکٹری یا بیکری میں روز پروڈکشن کرنا،  بنک میں روز ٹرانزیکشن کرنا ، ٹیلی کام میں نیٹ ورک سے متعلق مسائل کو حل کرنا وغیرہ وغیرہ۔ لیکن کاروبار میں ان وقتی روزمرہ کے فیصلوں کے علاؤہ بڑے فیصلے بھی لینے ہوتے ہیں۔ یہ بڑے فیصلے کاروبار یا کمپنی کے مستقبل سے متعلق ہوتے ہیں۔ مثلاً  اگلے چند سالوں میں آپ کی سیل یا پروڈکشن کتنی ہونی چاہیے؟ آپ کو کس نئی مارکیٹ میں جانا چاہیے؟ آپ کو اپنے مینوفیکچرنگ پلانٹ میں کیا تبدیلی لانی چاہیے؟ آپ کو اپنے اخراجات میں ک...

  if you ignore these 11 Reasons, you will definitely make bad decisions If we reconsider our decision and find that we have made the right decision, we will continue and our decision-making power will improve. But if it turns out that our decision was not right, we go through the decision-making process again and start looking for the right decision. Why do we do bad decision-making? To get the answer to the question, you are not supposed to ignore these 11 reasons to avoid bad decision-making.   Wrong information The wrong information is mostly the major reason for any bad decision. Your information is the basis of your decision-making process.  Wrong information leads you to bad decision-making. You also need to check the way you get the information. How qualified are the people you are seeking information from? Sometimes your team is not giving you correct information due to any of its shortcomings. It is important not to rely on a single member but to meet with two ...

  When you were a child, you had to decide whether to have ice cream, have a soft drink, or play a video game with friends. As you get older, your decisions get bigger. What will your future hold? It also depends on your good or bad decision. Decision made in a moment but affects the whole life. Decisions are related to the life of every human being no matter what he does.  Today we are going to analyze in deep detail of What is the decision? Why do you have to make a decision? How do the decision-making? What is the decision? You have been making decisions since childhood. Have you ever considered what you do when you make a decision, you make a choice? And choice means to select the best option. You go out to eat at a restaurant with your friends. From the menu, you try to choose what you want to eat. You also chose different courses at the time of admission to the college.  Whether you will be employed or a business is also a choice. Choosing about your career and choo...