What is Premium Pricing Strategy?. Pricing is a major element of marketing any product, and it is vitally important to set the right price. A price that is too high or too low for the target ...

Training presents a prime opportunity to expand the knowledge base of all employees, but many employers find the development opportunities expensive. Employees also miss out on work time while ...

The four primary methods of gaining a competitive advantage are cost leadership, differentiation, defensive strategies and strategic alliances.

Examples of Bandwagon Advertising Propaganda Techniques. Bandwagon advertising uses a group mentality to try to convince individual consumers that a product is worth purchasing. The idea is that ...

Stakeholders must understand what you are trying to achieve. Communication with employees and labor unions, for example, builds an understanding of your goals and the benefits to the audience if ...

Importance of Writing Skills in Business. Communication skills, including writing, are one of the most important transferable skills that workers possess. Most business professionals, such as ...

Five Attitudes That Are Important in Workplaces. It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all ...

What Is Mobbing at the Workplace?. Mobbing is a term used to describe a variety of behaviors in the workplace that amount to emotional abuse by workers of a fellow employee or employees. The term ...

The Advantages of Multiculturalism in the Workplace. As today's world becomes increasingly global in its outlook and as the marketplace becomes increasingly global in nature, multiculturalism in ...

First impressions in business settings may formed in just seven seconds, according to Forbes. Therefore, the importance of first impressions cannot be overstated. Professionals should be self ...

Importance of Mission Vision in Organizational Strategy. A mission and vision are standard and critical elements of a company's organizational strategy. Most established companies develop ...

5 Conflict Management Strategies. In any situation involving more than one person, conflict can arise. The causes of conflict range from philosophical differences and divergent goals to power ...