Ma Huateng, born on October 29, 1971 is a Chinese business magnate. The billionaire, also known as Pony Ma, is the founder, chairman and chief executive officer of Tencent. Tencent is one of the biggest gaming, entertainment and investment conglomerates in the world. The company develops mobile instant messaging service, ‘WeChat’. Below are Top 11Continue reading “Top 11 Ma Huateng Quotes On Internet Users, Applications And Services.”
Jeffrey Weiner is an American businessman. He was the chief executive officer (CEO) of the business-related social networking website, “ LinkedIn” and is the Executive chairman of Linkedin as in 2022.He is also the founding Partner of Next play venture capital. Jeff Weiner was born February 21, 1970 in New York City, New York. TopContinue reading “Top 11 Jeff Weiner Quotes On Leadership, Inspiration And Transformation.”
Indomitable perseverance in a business, properly understood, always ensures ultimate success. – Cyrus McCormick.
Profit making is the motivation for starting businesses. Unfortunately, a lot of people motivated by profit making usually fail to make profit in business.
Why is it important to know the symptoms of impending business failure? So that timely remedial actions could be taken to restore the business to the position of viability.. There are different degrees of business failure. It may be a mild case of short falls in cashflow expectations which though weaken the business but don’tContinue reading “7 Symptoms of Business Failure And 4 Common Causes.”
Strategic planning is an important process for determining overall objectives, policies and strategies of a business. Strategic planning is a long range activity that is often constructed to cover a period of up to ten years. Strategic planning and analysis are a part of a larger concept known as strategic management. Strategic management is theContinue reading “What Are The Five Tasks Of Strategic Management?”
Planning involves selecting future courses of action from available alternatives. There is a formal process for the selection of objectives, goals and the determination of best methods to achieve and attain them. The formal planning process follows a logical sequence of steps. These steps are; Situational analysis, 2. Establishment of goals and alternatives 3. EvaluationContinue reading “What Are The Steps In Formal Planning Process?”
In most industries, success can only be achieved by finding the strategy that gives and sustains a competitive advantage. That would require controlling and exploiting competitive forces of barriers to entry, threats from substitutes, bargaining power of suppliers, industry rivalry and bargaining power of buyers. These forces determine profitability by influencing pricing, investment requirements andContinue reading “How Do You Create and Sustain A Competitive Advantage?”