BUSINESS
Segregation
Definition: Segregation is the act of separating people or things into different categories or groups based on their characteristics, such as race, gender, religion, or social status. It is a practice that excludes or marginalizes certain groups of people. Types of Segregation: Social segregation: Occurs when people of different groups are not allowed to interact […]
Project Management
Project Management Project management is a process of planning, executing, monitoring, controlling, and evaluating projects to achieve specific goals within a specified timeline and budget. It involves a wide range of activities, including: Key Phases of Project Management: 1. Initiation:* Defining the project scope and objectives* Identifying stakeholders* Establishing a project team 2. Planning:* Developing […]
Yard
The word “yard” has several meanings. It can refer to a unit of length, a unit of area, or a plot of land. Unit of length:– A yard is a unit of length in the English system of units. It is equal to 3 feet, 36 inches, or 0.9144 meters. Unit of area:– A yard […]
What Are Off-Price Retailers?
Off-Price Retailers Off-price retailers are those that specialize in selling discounted merchandise, typically from overstock, returned items, or canceled orders. They often acquire these items at lower prices than traditional retailers and then resell them at significantly lower prices. Characteristics of Off-Price Retailers: Low prices: They offer merchandise at prices that are typically 20-70% below […]
Obligation
Definition: An obligation is a legal duty or commitment that a person or group is legally bound to perform. It is a legal relationship between two parties, where one party has a duty to act in a certain way or provide something of value to the other party. Types of Obligations: Legal obligations: Obligations arising […]
Affiliate
An affiliate is someone who promotes another company’s products or services in exchange for a commission on sales or traffic generated through their recommendations. Key components of affiliate marketing: Affiliate: The person who promotes the products or services. Merchant: The company whose products or services are being promoted. Commission: The payment made to the affiliate […]
Glass Cliff
Glass Cliff A “glass cliff” is a metaphor used to describe a situation in which a company or organization appears to be on a trajectory for success, but is actually at a precarious risk of collapse. It’s a term coined by venture capitalist Andrew Chen in his book “The Future of Venture Capital.” Characteristics of […]
Affiliate Marketing
Affiliate Marketing Affiliate marketing is a type of performance-based marketing strategy in which businesses authorize individuals (“affiliate marketers”) to promote their products or services in exchange for a commission or other incentives. How Affiliate Marketing Works: Sign-Up: Affiliate marketers sign up for programs offered by businesses. Links: Businesses provide affiliate marketers with unique tracking links. […]
Payment
Payment Payment is the process of transferring money or other assets from one party to another. It can be made in various forms, such as cash, checks, credit cards, electronic transfers, or Cryptocurrency. Types of Payment: Cash: Payment made with physical currency. Checks: Written order to pay a specific amount of money to a recipient. […]
Network Marketing
Definition: Network marketing, also known as multi-level marketing (MLM), is a type of direct sales strategy that involves the recruitment and training of independent distributors to sell products or services. Participants are typically compensated based on their own sales and the sales of their recruits. Key Characteristics: Recruiting-based: Focuses on recruiting new members to join […]
JOIN THE WAITLIST
Add your details and start your
journey toward a better future with Pocketful in your investing career.