The statement that “business ethics is an oxymoron” reflects a long-standing debate about whether ethical principles can truly coexist with the profit-driven motives of business. An oxymoron pairs two seemingly […]
The Five Forces Framework
Michael Porter’s Five Forces Framework is a strategic tool used to analyze the competitive environment of an industry. It helps businesses understand the factors that influence profitability and develop strategies […]
Methods to Ensure Appropriate Forecasting System
1. Regular Monitoring and Updating: Frequent monitoring of the forecasting process allows businesses to catch and correct deviations from actual outcomes as they occur. This involves regularly comparing forecasted data […]
Importance of Market Segmentation
Market segmentation is crucial because it helps businesses:
International Monetary System (IMS)
The International Monetary System (IMS) refers to the framework of rules, institutions, and agreements that govern international financial transactions and the exchange of currencies. It provides the infrastructure for facilitating […]
International Economic Environment
The international economic environment refers to the overall economic conditions and systems that influence global trade, investment, and market operations. It encompasses factors such as economic policies, growth rates, inflation, […]
NOTES FOR UGC-NET: Indian Psychology and Yoga
Triguna (Sattva, Rajas, Tamas) Introduction:The concept of the three Gunas is foundational in Indian psychology and philosophy. Derived from Samkhya philosophy, the Gunas represent the fundamental qualities or tendencies inherent […]
Cognitive Behavioral Therapy (CBT): What It Is, Why It’s Done, and How It Works in Real Life
What is CBT? Cognitive Behavioral Therapy (CBT) is a type of talk therapy that helps people identify and change negative thought patterns and behaviors. It’s based on the idea that […]
Key Experiments in Cognitive Psychology
Cognitive psychology has shaped our understanding of the mind through groundbreaking experiments. These studies have explored how people perceive, think, learn, and remember. Below are some of the most notable […]
What Is Cognitive Psychology?
Cognitive psychology is the study of mental processes that influence how we think, learn, remember, and solve problems. It focuses on understanding how the human brain processes information and how […]