Business administration
Does Going First Win? First-Mover Advantage
First-mover advantage is the edge a company gains by entering a market before anyone else. We look at where that edge comes from, the costs pioneers pay, what historical research r
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810 articles found
Business administration
Marketing Strategy in Business Administration - 3C, SWOT, STP, and the 4Ps (Marketing Mix)
A step-by-step look at the marketing strategies used by companies and organizations: 3C analysis of the environment, SWOT analysis, the STP strategy, and the 4Ps of the marketing m
Logistics
The Essential Document of Trade, the Bill of Lading (B/L): Reading the Inevitable Flow of “Rights”
In the world of global business, moving goods across borders involves much more than simply loading and transporting them. Beneath this process lies a complex web of rights and res
Tourism studies
Even Seeing Is Learned: The Tourist Gaze
When we travel, are we really free to see as we like? This article explains the tourist gaze described by John Urry, covering its meaning and origins, how media and photography sha
Economics
The Reality of Monopoly Markets and the Economic Impact of Corporate Dominance
A monopoly market is a structure in which a particular company dominates the market and can control prices and production. It has various effects on the economy as a whole and has
Social welfare
Money for Everyone, No Strings Attached: Universal Basic Income
What if everyone received the same money every month, no questions asked? This article covers the origins of basic income from More and Paine, its five defining features, experimen
Film & media
The Secret of a Screen Recorded Line by Line: The Rolling Shutter
A rolling shutter records an image not all at once but line by line from top to bottom, which is why fast-moving objects and brief flashes can look strangely distorted. This articl
Logistics
Small Ripples That Grow Along the Supply Chain: The Bullwhip Effect
Why does steady consumer demand turn into wild swings in orders further up the supply chain? This article explains how the bullwhip effect works, its four main causes, the Beer Gam
Business administration
The Weakest Link Sets the Pace for the Whole: Theory of Constraints
The Theory of Constraints holds that a system's performance is determined by its single weakest link, so that constraint should be found and managed with focus. Learn what it is, t
Statistics
Resampling to Measure Error: The Bootstrap (Bootstrapping)
Bootstrapping treats the sample you already have as if it were the population and resamples from it over and over to estimate error and confidence intervals. This article covers ho
Chemistry
Batteries: Chemical Structures That Store Energy
From the smartphone we check as soon as we open our eyes each morning to electric cars quietly passing along the street, laptops, and power banks, the daily lives of people today w
Robotics
Robots You Wear: Exoskeletons
What exactly is an exoskeleton, a robot you wear like clothing to add strength to your body? This article covers its history starting with Hardiman, the sensors and control that re