A presentation should have ten slides, last no more than twenty minutes, and contain no font smaller than thirty points.
• Asia: 90% of countries offer business registration and business license application services online. • Oceania: The most commonly offered online service is applying for government vacancies (86%) and the least prevalent is registering a motor vehicle (14%). • Americas: The most popular online services (up to 94% countries) include registering a business, paying for… Continue reading Percentage of countries in each region offering online services (2020)
With the MUDRA scheme, more than Rs 11 lakh crores of loans were disbursed to first-time entrepreneurs and youth without a bank guarantee.
Long tail is a phrase popularized by Chris Anderson, former editor of WIRED Magazine, in 2004. Anderson compared Long Tail to the blockbuster or hit-driven business models of media and retail companies. Long-tail sellers change the shape of demand from “blockbuster” or “superstars” to selling large numbers of unique, niche items.
Simply put, these are factors that lead to satisfaction and motivate employees to work harder. Examples might include enjoying your work, feeling recognized and career progression.
The Pygmalion effect is a psychological phenomenon wherein high expectations lead to improved performance in a given area.
In economic terms, there is a diminishing marginal benefit. This is related to the law of diminishing returns: each additional hour of effort, each extra worker is adding less “oomph” to the final result. By the end, you are spending lots of time on the minor details.
A type of illusory superiority, it is a type of cognitive bias in which people believe that they are smarter and more capable than they really are. To avoid the Dunning–Kruger effect (or make it less painful): • Admit the fact that there is something you don’t know and always be ready to improve yourself.… Continue reading Dunning-Kruger Effect for Business Management