📚 All Business Concepts
Blue Ocean Strategy
Blue Ocean Strategy involves creating new market space (blue ocean) rather than competing in existing markets (red ocean). It focuses on making compet...
Market Segmentation
Market segmentation is the process of dividing a broad consumer market into sub-groups based on shared characteristics such as demographics, needs, pr...
Time Value of Money
The Time Value of Money (TVM) principle states that money available today is worth more than the same amount in the future due to its potential earnin...
Working Capital Management
Working capital management involves managing short-term assets and liabilities to ensure a company can continue operations and meet short-term obligat...
Just-In-Time (JIT) Manufacturing
Just-In-Time is a production strategy that aims to reduce inventory costs and increase efficiency by receiving goods only as they are needed in the pr...
Six Sigma
Six Sigma is a data-driven methodology aimed at reducing defects and variation in processes to improve quality. It targets achieving less than 3.4 def...
Core Competency
Core competency is a unique capability or skill that provides competitive advantage and is difficult for competitors to imitate. It enables a company ...
Porter's Five Forces
Porter's Five Forces framework analyzes industry competitiveness and profitability by examining: threat of new entrants, bargaining power of suppliers...
Emotional Intelligence (EQ)
Emotional Intelligence is the ability to recognize, understand, and manage one's own emotions and the emotions of others. It comprises self-awareness,...
Transformational Leadership
Transformational leadership is a leadership style that inspires and motivates followers to exceed their own self-interests for the good of the organiz...
Network Effects
Network effects occur when a product or service becomes more valuable as more people use it. The value to each user increases with the total number of...
Supply and Demand Equilibrium
Supply and demand equilibrium occurs when the quantity of a good that producers wish to sell equals the quantity that consumers wish to buy, determini...