How do you apply the time value of money concept to make decisions in your personal life?


  You know that within the field that I am in right now I use time value of money everyday. When I go to work I make a goal for me to reach each shift on how much tips I want to make that day. It all depends on the type of service that I … Continue reading How do you apply the time value of money concept to make decisions in your personal life?

Generic and Grand Strategies


Generic strategies require specific skills, organizational arrangements, and resources in order for a successful implementation for the business. Starting a business requires  a lot of research, and examples along with notes. Small businesses are looking to keep the costs low but also keeping the quality of the products in tacked for the customer. Even for … Continue reading Generic and Grand Strategies

Marketing


Which components do you think are the most important when developing a marketing plan? Explain why. Discuss at least three key components In my opinion the most important components of developing a marketing plan would include the marketing strategies, a situation analysis, and the SWOTT analysis. All of these components are useful within the business … Continue reading Marketing