Zara is one of the largest clothing and apparel retailers in the world in terms of sales. It is also […]
Business and Economics
Corporate Social Responsibility Theory of Milton Friedman
In his 1970 article that appeared on the New York Times, American economist Milton Friedman discussed the social responsibility of […]
Supply-Side Economics vs Demand-Side Economics
Two competing macroeconomic theories dominate modern economic policies and the field of political economy. These are supply-side economics and demand-side […]
Porter’s Five Forces Analysis of Tesla
Tesla did not invent electric vehicles but it has succeeded in developing relevant technologies further to bring these vehicles to […]
SWOT Analysis of iPhone
The first generation of the iPhone was unveiled during the 2007 Macworld trade show. It was instrumental in ushering in […]
Threat of Substitutes: Impacts, Factors, and Examples
One of the Five Forces identified by Michael E. Porter that can shape competition and determine the intensity of the […]
Major Works of Milton Friedman
Milton Friedman was an American economist who won the Nobel Memorial Prize in Economic Sciences in 1976 for his research […]
Types of Market Structures
Market structures represent the economic environment in which firms or businesses operate and compete with one another. A particular industry […]
Threat of New Entrants: Impacts and Factors
Michael E. Porter introduced the threat of new entrants as one of Porter’s Five Forces that shape the competitive environment […]
Marketing Mix: Importance and Criticisms
American marketing professor and book author E. Jerome McCarthy first introduced the original and modern marketing mix composed of the […]