Posts

Showing posts with the label Business

Should Businesses Participate in Politics? | Opinion

Image
ABC Inc. has been under discussion on various social media platforms for its recent posts in favor of a politician and seems determined to support its cause. People took to Twitter to launch a trend named #BoycottABC. Facebook users reacted with bunch of memes. People with good creativity talent provided some interesting and funny memes all directed at the politically biased behavior of ABC Inc. ABC Inc. has reported a sharp decline in its revenue mainly due to the boycott of products by the opponent party supporters who were once loyal customers of the organization. The company saw a steep decline in its reputation as a popular brand in the market. Why all this sudden decline in company image became possible? Because some stupid regional manager suggested a political post on company’s official social media accounts to get more attention of customers. And it did get the attention but at the cost of huge decline in company revenue. So, is it profitable for businesses to participat...

Entrepreneur & Entrepreneurial mindset

Image
Picture of  text, in which "entrepreneur" is written Definition of an Entrepreneur The word "Entrepreneur" is taken from French but now its meaning has changed from its original language meaning. In a broader sense, an entrepreneur is someone who is capable of taking risks in terms of implementing new ideas for business purposes or adding value to existing ideas or businesses. An entrepreneur's major characteristic is creativity.  With creativity, entrepreneurs come up with life-changing ideas as in the case of mobile phones, entrepreneurs came up with an idea of smartphones which is now a part of everybody's life. And, in the case of shopping, Online shopping through Amazon or any other source and online bookstores too.  Entrepreneurial mindset Before I explain the mindset, I must ask you what do we mean when we say this topic is trending on Twitter, Facebook? We mean this particular topic is the most talked-about topic on this particular soci...