August 2021

Conducting a feasibility study

  Considering conducting a feasibility analysis to investigate the viability of a potential business Idea ? Answering the following questions will help you through the process. By using these as a guide, it will help you move through the process efficiently while helping you get the most out of the analysis. ⇰ WHATAn assessment of the...

September 2022

August 2022

Enhancing Logistics with RFID Technology

RFID, or Radio-Frequency Identification, is a method of storing data and retrieving it via radio waves. Much in the same way a barcode can store information about a type of product, RFID tags contain unique identifiers that correspond to inventory database records. Switching to RFID in your logistics chain offers some significant advantages over...

Managing and Surviving Inflation

Operating in today's uncertain environment, requires that leaders must think about performance in much broader terms. leaders must lead with the complete slate of stakeholders in mind. There are many conversations and decisions that only the CEO can make. Corporate leaders can start by asking themselves key operational questions such as: Where will customers see...

April 2022

Devaluation

Why and is it a viable policy? Countries over the years have adopted as a policy the deliberate downward adjustment of the value of their money relative to another currency, group of currencies, or currency standard. Countries that have a fixed exchange rate or semi-fixed exchange rate use this monetary policy tool. It could be...

March 2022

Shrinkflation

Shrinkflation occurs when firms reduce the size or quantity of a good and keep prices the same. Shrinkflation is an alternative to inflation. Rather than increasing prices you get a smaller quantity.  Related concept- SkimpflationSkimpflation is a situation where firms – in response to higher costs – reduce the quality of a good/service. Skimpflation means...

February 2022

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