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Category: Career Development

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Career Development

Consumer Market vs. Business Market: What’s the Difference?

December 13, 2022 Michael James

Definition. Business markets refer to organizations, businesses or entities that acquire products and services for use in the production of other services and products. On

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Career Development

CEO vs. Founder: Similarities and Differences

December 12, 2022 Michael James

Unlike a CEO, who acts as the head of a company that already exists, a founder is the person who started or launched the business

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Career Development

Critical Thinking vs. Problem-Solving: What’s the Difference?

December 12, 2022 Michael James

We know that critical thinking skills are fundamental to problem-solving. And we know that there are other skills that help us solve problems, skills that

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Career Development

Cash Flow vs. Revenue: Definitions, Differences and Types

December 12, 2022 Michael James

Key Takeaways. Revenue is the money a company earns from the sale of its products and services. Cash flow is the net amount of cash

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Career Development

CAC vs. CPA: What’s the Difference?

December 12, 2022 Michael James

CAC specifically measures the cost of acquiring an actually paying user (a customer). On the other hand, CPA (cost per acquisition) measures the cost of

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Career Development

Coordination Skills: Definition and Examples

December 12, 2022 Michael James

Coordination skills consist of various abilities and competencies focused on planning and executing multiple activities, actions and plans simultaneously. They focus on your capacity to

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Career Development

A Definitive Guide to Retrenchment Strategy (With Examples)

December 12, 2022 Michael James

Definition: The Retrenchment Strategy is adopted when an organization aims at reducing its one or more business operations with the view to cut expenses and

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Career Development

8 Discretionary Fixed Cost Examples (And Why They’re Important)

December 12, 2022 Michael James

Examples of Discretionary Fixed Costs Advertising campaigns. Employee training. Investor relations. Public relations. Research and development activities for specific products. Managers must distinguish between fixed

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Career Development

8 Examples of Marketing Diagrams (With Definition and Tips)

December 12, 2022 Michael James

Visualizing marketing data is essential to understanding how marketing strategies are performing and how to adjust them to achieve better results. Diagrams are a great

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Career Development

8 Types of Employee Recognition (And Why It’s Important)

December 12, 2022 Michael James

8 types of employee recognition Bonuses. Bonuses and monetary recognition show an employee the value placed on their work. … Written praise. … Verbal praise.

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