Tag business

Data

Correlation and Causation When Analyzing Data

In most statistics or data analysis books (at least the ones I have), there is always an explanation that states that correlation is not necessarily causation. The misunderstanding or intentional fallacy of the correlation between variables can affect the bottom line of a business.

Teylor Feliz
November 1, 2023

Business

The Problems of Multiple Accounting Standards

In this global economy, companies don’t try to operate in small markets as individual silos, instead, companies try to grow out of their small markets and even move to other countries.

Teylor Feliz
October 28, 2023

Business

Factors to Income Inequality

The biggest problem is when the disparity is too large that the one at the bottom cannot even afford a decent living as a human being. There are a lot of factors that contribute to income inequality over time.

Teylor Feliz
October 9, 2023

Business

Effectiveness of IT in Managing Information within an Organization

The effectiveness of information technology depends on how we use it and adopt it in the organization. If we are storing or sharing the wrong information, then we are not creating or getting any benefit from it.

Teylor Feliz
September 16, 2023

Business

Customer Interaction in Online and Physical Stores

Even with online stores, some customers still prefer brick-and-mortar stores because they like to go to a location to try the products before buying.

Teylor Feliz
August 17, 2023

Business

Rethinking the Traditional Shopping Mall Experience

In the era of the Internet, Amazon, Walmart, and two-day shipping, one of the biggest losers because of the rise of the Internet is the traditional shopping mall.

Teylor Feliz
August 5, 2023

Business

Marketing 3.0 and Exxon Mobil: A Mission Statement

Marketing 3.0 is a new approach to marketing where customers are believed to be human beings with emotions, needs, and inspirations.

Teylor Feliz
August 2, 2023

Business

Michael Porter’s Five Forces Model

The Five Forces framework enables companies to find an attractive industry and serves as a starting point for understanding the competitive landscape.

Teylor Feliz
July 20, 2023

Business

Today’s Impact of Generative AI

One of the driving forces for the 4th Industrial Revolution is Artificial Intelligence. But, when the conversation is about AI and the new wave of tools for businesses and creative professionals, it is almost always about Generative AI.

Teylor Feliz
July 10, 2023

Freebies, General

Free Business and Tech Learning Sites to Boost Your Career

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