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Business Analytics, Big Data, and AI

Business Analytics is the process of using data and statistical methods to analyze business performance and make informed decisions. Big Data refers to the vast amounts of structured and unstructured data that are generated every day, and the tools and technologies used to store, process, and analyze this data. AI, on the other hand, is the field of computer science that focuses on creating machines that can perform tasks that would normally require human intelligence. Business Analytics, Big Data, and AI are all interrelated and work together to help businesses make more informed decisions. Business Analytics uses data analysis techniques to extract insights from Big Data, and AI can be used to automate certain aspects of data analysis, making it faster and more efficient. What Can These Technologies Do for Us? Business Analytics, Big Data, and AI have the potential to transform the way we do business. These technologies can help businesses to: -      ...

Operations Management

  Operations management is a critical component of any organization's success, as it involves the planning, organizing, and controlling of the production processes, resources, and activities that drive business performance. Whether a company is manufacturing goods, providing services, or a combination of both, effective operations management is essential to achieving organizational goals and satisfying customer demands. In this blog, we'll delve deeper into operations management and explore the key concepts, tools, and strategies used by organizations to optimize their production processes and improve overall efficiency. Key Concepts in Operations Management Capacity Planning: Capacity planning involves determining the optimal level of resources needed to produce a certain volume of output, taking into account factors such as demand forecasts, production efficiency, and available resources. Quality Management: Quality management is the process of ensuring that products or servi...

Value Of Bonds and Stocks

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 Blog 6 Bonds and stocks are two of the most popular types of investments available in the financial markets. Both offer different investment opportunities, risks, and potential returns, and understanding the differences between them can help investors make informed investment decisions. In this Blog, we will be discussing about Bonds and Stocks Bonds Picture reference   https://seekingalpha.com/article/4568475-bonds-roar-back   A bond is a type of fixed-income investment that represents a loan made by an investor to a borrower, typically a corporation or government entity. When an investor purchases a bond, they are effectively lending money to the issuer, and in exchange,  they receive regular interest payments over a fixed period of time, called the bond's term or maturity. At the end of the bond's term, the issuer is required to repay the full amount of the principal, or face value, to the investor. Bonds are generally considered to be lower-risk invest...

FINANCE FUNDAMENTALS

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  Blog 5 Finance is the study of managing money and assets, and it is a crucial part of our daily lives. Whether you are an individual or a business, understanding finance fundamentals is essential for making informed decisions and achieving financial success. In this blog, we will explore some of the most important finance concepts, including Balance sheet, the time value of money, sub-annual time value of money, perpetuity, bond, and net present value.   ·        Balance sheet A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. The balance sheet shows what the company owns (assets), what it owes (liabilities), and what remains for the owners (equity).   Reference - https://www.investopedia.com/terms/b/balancesheet.asp   ·        Time Value of Money The time value of money is a fundamental concept in finance that states ...

Product Branding

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 MBA Portfolio Blog 4 This week we learned about the application of marketing fundamentals. Basic concepts on Product design, branding, packaging, labeling, product services, pricing are explained very nicely in the curriculum. In this blog, we'll explore what product branding is and why it's important for a business. Product branding is the process of creating a unique identity and image for a product in the minds of consumers. It is a recognizable symbol, signs, or stylized written portrayals of business brand names and key component of marketing and a crucial factor in the success of any product. A well-crafted brand can help a product stand out in a crowded marketplace, establish a relationship with consumers, and build loyalty over time. In this blog, we'll explore the key elements of product branding. Logo – Part of Brand A brand logo is a visual representation of a company's identity and is a crucial element in building a strong brand. A well-designed logo can h...

4P’s of Marketing

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MBA Portfolio - Blog 3    Product, Price, place and promotion are the four factors of the marketing mix. Four P’s were introduced in 1950s.As marketing industry evolved, other Ps have been identified: people, process and physical evidence. This strategy can help you offer the right product in the right place, at the right time, and at the right price.   Product :  - Marketing starts with understanding product, potential customers and reason why they need product. Differentiation of product – understanding what qualities of product makes it unique among other competitors.   Price: - Price is the amount that customer is willing to pay for a product. Marketing decision maker may increase price of product to give it appearance of luxury or may reduce prices so that many customers try it.   Place:   Place is location where product is made available to buy – store or online. Example : - Luxury products are made available in outlets and not in Walmart ...

Porter's Five Forces Model

MBA Portfolio - Blog 2 "The Five Forces is a framework for understanding the competitive forces at work in an industry, and which drive the way economic value is divided among industry actors" First described by Michael Porter in his classic 1979 Harvard Business Review article. Reference -  h ttps://www.isc.hbs.edu/strategy/business-strategy/Pages/the-five-forces.aspx Porter's Five Forces was developed by  Michael E Porter  of Harvard Business School in 1979. Below are Porter's five forces: Threat Of Entry Bargaining Power Of Buyers Bargaining Power Of Suppliers Threat Of Substitute Products Rivalry Among Existing Firms This is a simple but very effective tool. It helps to examine companies profitability in competitive environment. Business strategies can be adjusted based on findings of Porter's five forces model to be profitable in competitive market.   Below is one sample Porter Five Forces Analysis of StarBucks: Reference -  https://www.porteranal...