Doctorate in Business Administration and the Theory of Business 2019

Business administration has two PhDs someone can obtain. One is a Doctorate in Business Administration (DBA), and the other is the PhD or Doctor of Philosophy. Of the two, the PhD program is designed specifically for a career in research and teaching or other academic pursuits. The PhD doctoral program will provide a foundation in business, economics and management. Equally important, however, are the components of research theory and the type of interdisciplinary regimen that will be necessary for original research in the field. The in-depth study of research and research technique begins with a review of the literature on the subject. Moving on, the PhD candidate in business administration will study theoretical modeling; research design; computer-assisted analysis of empirical data; and the preparation of proposals and research papers drawn from these studies. A basic requirement for someone interested in pursuing a doctoral career of this type is an inquisitive nature that is comfortable with the intellectual skepticism critical to a research environment. Many great scientists place doubt as the keystone of great research: in academia, uncertainty is a positive and productive force. .uc4026b1f1ff0094df13f8185397734cd { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .uc4026b1f1ff0094df13f8185397734cd:active, .uc4026b1f1ff0094df13f8185397734cd:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .uc4026b1f1ff0094df13f8185397734cd { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .uc4026b1f1ff0094df13f8185397734cd .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .uc4026b1f1ff0094df13f8185397734cd .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .uc4026b1f1ff0094df13f8185397734cd:hover .postTitle { text-decoration: underline!important; } READ Find Vocational and Trade Degree ProgramsAnother critical element of the PhD program for business administration is the development of teaching skills. The assumption is that people enrolled in this program may well be headed toward a life in an academic environment and in the field of business administration; the classroom will be part of that environment. Some schools have developed teaching courses that are interdisciplinary in nature, bringing together doctoral candidates from a variety of fields to learn about the teaching process. Out of this, a PhD candidate should develop a philosophy of teaching that is bred from coursework, work as a graduate assistant and interaction with his peers from other disciplines. In a traditional campus setting, the faculty advisor is an important resource for PhD candidates, acting as a mentor through the course of study. Choice of a faculty advisor usually depends on the intended area of concentration, such as management, financing, and the like. At some point, a Doctorate Program Committee comes together as the student begins to formulate a thesis outline. .u96b6272a0c7706b1b3e77ef0af1bcab2 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u96b6272a0c7706b1b3e77ef0af1bcab2:active, .u96b6272a0c7706b1b3e77ef0af1bcab2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u96b6272a0c7706b1b3e77ef0af1bcab2 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u96b6272a0c7706b1b3e77ef0af1bcab2 .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u96b6272a0c7706b1b3e77ef0af1bcab2 .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u96b6272a0c7706b1b3e77ef0af1bcab2:hover .postTitle { text-decoration: underline!important; } READ Schools, Colleges, and Institutes of TechnologyThere are a certain number of core courses regarding business administration that are required for any PhD program. These may or may not have been met during previous study. They include the basics of business theory, economics, statistics, and the use of computers for a variety of purposes. Beyond the core requirements, much of a PhD program may involve activities outside the classroom and off campus, in the area of emphasis. PhD candidates in business administration may focus on a primary area of interest. Among the standard academic offerings as focal areas are international business, international finance, marketing, production/operations management, finance, and accounting. The purpose of a PhD program in business administration is to prepare the doctor-to-be for a productive role in research, in the classroom, and should the path lead elsewhere, in a corporate environment or in government. Because of the rapidly growing communications abilities of the internet, there are some PhD programs in business administration available online. The DBA mentioned earlier, on the other hand, is a program offered by a variety of online schools. Both University of Phoenix and Warren National University offer online doctorate programs in business administration. The computer and the telephone provide the communications links to campus resources and faculty guidance. .u72494324dd367b3a8164e5a636d98cbf { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u72494324dd367b3a8164e5a636d98cbf:active, .u72494324dd367b3a8164e5a636d98cbf:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u72494324dd367b3a8164e5a636d98cbf { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u72494324dd367b3a8164e5a636d98cbf .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u72494324dd367b3a8164e5a636d98cbf .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u72494324dd367b3a8164e5a636d98cbf:hover .postTitle { text-decoration: underline!important; } READ Utah Colleges and Universities Pursuing Online and Campus Based Education in Utah, the Beehive State Related ArticlesBusiness Practices and TheoryOnline Postgraduate Business Administration DegreesA Doctor of Business Administration Degree Unlocks the Door to the Global EconomyFinding a College Teaching PositionThe Doctorate in Education Educational LeadershipHow to Teach Yourself Computer Programming

Essay on Post-Soviet Government And The Free Press

The Post-soviet countries have begun to build themselves from the ground up, with the hope for a substantial future. As a result of the switch from socialism to capitalism the transition has brought new challenges. In other words, the political democratic stability for the sovereign states became inadequate. It had been standard to view newly democratic nations turned over and became more in support of the western capitalist idea. Although, the new post-soviet states are presumably embracing a democratic ideology, it has been clear that it needs coordination to demonstrate that change. Many people assume that to establish a democracy similar to the United States, you need to give back the control of a nation to the people in the form of†¦show more content†¦I begin my research communicating the idea of â€Å"stability is the absence of open conflict among elite groups.† Among all elite’s there are many power struggles, but to keep these conflicts among themselv es their needs to be like-mindedness, this in fact is a type of censorship to the public. To elaborate more on this, Nils Wessell describes from his journal called, â€Å"Limited Freedom† of the Press A Discussion that in, â€Å"today’s sense that Freedom of the press has been lost also reflects the absence of open conflict among elite groups. Only such conflict creates â€Å"limited freedom† of the press.† (Wessell, 46) This is an act of an authoritarian government; the reaction that it takes outside this elite group on the public is an act of self-preservation. In today’s Russia according to Wessell there is this full on authoritarian regime and it has begun to eliminate freedom of speech, and its adversaries. (Wessell, 46) I take these points that he makes as a description of a beginning of a relationship between society and its government. Democratic as Russia may seem to be perceived, the movers and shakers of that nation actually have too mu ch power in the hands of few. I see the media, as an essential tool for a society to have a democracy, but in the contrary the media can be an inappropriate tool to deceive the public if controlled few. Societies choices would be based on controlled norms, where the definition ofShow MoreRelatedThe Warsaw Pact Invasion of Czechoslovakia1367 Words   |  6 Pagesin recent months protesting for a more pro-western European influence of government. Since the Ukraine has been in an economic crisis in the last few years, the current President Viktor F. Yanukovich decided to take an aid package from the Russian’s. This acceptance of the Russian aid package infuriated many in the Ukraine and has stifled the government with impeachments and newly elected officials that the Russian government does not support. Now with Russians soldier on the outskirts of the Ukraine’sRead MoreThe World War I Was A Second Attack Front Against Nazi Germany1526 Words   |  7 PagesThroughout W orld War 1, FDR’s leadership decisions shaped the post-war Cold War in Korea, Poland and Vietnam. During the main three conferences of Tehran, Potsdam, and Yalta, the â€Å"Big Three† agreed on terms and agreements for these regions, which would later continue to affect these areas for multiple decades to come. The three main conferences/policies during the second world war were Tehran, Yalta and Potsdam. The first of the three was The Tehran Conference codenamed Eureka, which was held inRead MoreU.s. Foreign Policy Towards Belarus1688 Words   |  7 PagesTo: Secretary of State John Kerry From: Rob Foglia, country desk officer of Belarus Re: Recommended U.S. foreign policy towards Belarus Date: October 12, 2014 Oppression in Belarus Breaking Free from Russia Belarus has the veil of a political stranglehold cast over it by the looming and neighboring Russia. Freedoms are non-existent, a tyrant maintains control over the country, and democracy is nowhere in sight. I have a few recommendations on how U.S. foreign policy towards Belarus can helpRead MoreWhen Wwii Was Coming To An End The Allies, United States,920 Words   |  4 PagesWhen WWII was coming to an end the Allies, United States, United Kingdom, French Republic and the Soviets, where coming together to figure out Germanys post war boarders and who would occupy each of the zones.   It was also made clear that there would be equality of treatment for the German population throughout Germany no matter who is occupying the zone. 1 President Roosevelt never made it to Potsdam for the meeting he died in April 1945. President Truman took his place as president. In his fewRead MoreThe Cold War as the Result of Fear of Soviet Expansion Essay example1472 Words   |  6 PagesThe Cold W ar as the Result of Fear of Soviet Expansion At the end of the Second World War only two out of the all the great powers were left standing. Germany and Japan had been crushed in the war and Britain and France were weakened economically and politically. The United States, who had not seen much fighting on her shores, emerged from the war economically and politically intact as a great nuclear power and Russia, although weakened economically, had the largestRead MoreThe United States And The Soviet Union899 Words   |  4 PagesAt the end of the World War II, the United States and the Soviet Union emerged from the war as the world’s two leading superpowers. In the post war world, the U.S. and the Soviet Union both engaged in a Cold War aiming to have the most influence around the globe through the spread of their respective ideologies (communism and capitalism) and political systems (representative democracy and socialism). One particular place where this struggle for influence was seen was Latin America, specifically ChileRead MoreSoviet Union As Powerful Middle Class Nations Today Essay2191 Words   |  9 Pagescontrol, communism. Communism is when the government owns nearly all aspects of society. The government controlled everything from means of production, property, to even media. The fall of communism throughout the world began in the late 1980s. Since the liberalization of the two countries, Russia and Poland have come to long ways. After independence, both countries faced many struggles but are now considered to be powerful middle-class nations today. Post-communist is where former communist statesRead MoreThe Russian Revolution Of The Soviet Union1654 Words   |  7 Pagesideologies, social, economic, and political terms. Contracting postwar governments, in the post war period immediately after the war known as Zero Hour. Once the Russians liberated Germany any type of governmental stability and law/order just deteriorated. In its wake building East Germany to become known as the German Democratic Republic (GDR) under the control of the Soviet Union. Life and society in general, was controlled by government, not just political institutions but also social institutions asRead MoreWho Was to Blame for the Cold War? Essay1625 Words   |  7 Pagesduring the Second World War. Yet many of the tensions that existed in the Cold War can be attributed to Stalins policy of Soviet expansion. It is necessary, therefore, to examine the role of Stalin as a catalyst to the Cold War. Stalins foreign policies contributed an enormous amount to the tensions of the Cold War. His aim, to take advantage of the military situation in post- war Europe to strengthen Russian influence, was perceived to be a threat to the Americans. Stalin was highly effectiveRead MorePost-Cold War US Foreign Policy1417 Words   |  6 PagesPost-Cold War US Foreign Relations The Cold War and its ending with the dismantling of the Soviet Union and a great reduction in the threat of communism as a competing system to capitalism and democratic governance changed the focus of US foreign policy. The change did not happen overnight and has ebbed and flowed significantly across time, often associated with the nature of foreign conflicts and US involvement in them but change it did (Saull, 2007, p. 180). The reduction of the size, might and

Accounting And Finance of Newcrest Mining and Orica Ltd †Free Samples

Question: Discuss about the Accounting And Finance of Newcrest Mining and Orica Ltd. Answer: Introduction This report consists of market research done on Newcrest Mining and Orica Limited. The research evaluates both companies and gives recommendations about the investment opportunities in both the companies. Evaluation of analysis done Based on the research on Newcrest Mining Ltd and Orica Ltd following outcome can be drawn: As per CAPM it can be concluded that Systematic Return () of Newcrest Mining Limited is lower than Orica Limited and also Expected rate of return of Newcrest Mining limited is higher than Orica Limited which means Newcrest Mining limited is good for the investment based on CAPM Model. According to Dividend Growth Model, there is positive growth rate in dividend of Newcrest Mining Limited as compare to Orica Limited which shows Newcrest Mining Limited will provide a good value of investment to an investor in future. Also it can be clearly seen that the share price of the Newcrest ltd shows positive growth as compared to the share price of Orica ltd (Yahoo Finance, 2017). Moreover growth rate of Newcrest ltd is also higher than the growth rate of Orica ltd which also gives a positive reason to invest in Newcrest mining limited. Recommendation After considering the following points as discussed in the report it can be concluded that Newcrest Mining limited provides the good value to an investor and therefore investors should invest their fund in Newcrest Mining Limited. Required rate of return using CAPM model Expected return based on CAPM ri = Rf + (Rm Rf) Where, ri= Required rate of return Rf = Risk Free rate (Source: https://www.asx.com.au/). Rm = Expected rate of market return (Refer excel sheet for calculation). = Beta (Refer excel sheet for calculation). ORICA LIMITED ri = 2.10% (Refer excel sheet for calculation). NEWCREST MINING LIMITED ri = 2.30% (Refer excel sheet for calculation). Calculation of share price using Dividend Growth model Ve = D0 (1 + g) ke g Where, Ve = Value of equity shares D0 = Current dividend g = Growth rate ke = Cost of equity ORICA LIMITED VE = $ 64.30 (Refer excel sheet for calculation). NEWCREST MINING LIMITED Since the value is negative of Equity is negative cannot be determined (Refer excel sheet for calculations) Calculation of monthly holding period return (%) for ORICA LIMITED and NEWCREST MINING LIMITED: Date Close Price of ORICA LTD Monthly Return of ORICA LTD 01-09-2016 01-08-2016 01-07-2016 01-06-2016 02-05-2016 01-04-2016 01-03-2016 01-02-2016 01-01-2016 01-12-2015 02-11-2015 01-10-2015 15.2 14.76 14.15 12.33 13.6 15.3 15.37 14.25 14.22 15.5 15.8 16.48 3% 4% 15% -9% -11% 0% 8% 0% -8% -2% -4% 0% (Source: https://au.finance.yahoo.com/). Calculation of share price using Dividend growth model Orica Ltd Newcrest Dividend paid in 2016 $8 $7.50 Dividend paid in 2006 $21 $5 Share price $64.30 Since the cost of capital is lower than the growth rate therefore price of share cannot be determined using this method. Cost of capital 2.10% 2.30% Growth rate -9.20% 4.00% Graphical representation returns References ASX. (2017). Newcrest Mining Ltd. Retrieved on 17 April 2017 from: https://search.asx.com.au/s/search.html?query=newcrest+mining+limitedcollection=asx-metaprofile=web Newcrest mining limited. (2016). Dividends. Retrieved on 15 April 2017 from: https://www.newcrest.com.au/investors/dividend-history. Orica limited. (2016). Shareholder information: Dividend History. Retrieved on 15 April 2017 from https://www.orica.com/Investors/Shareholder-Information#dividend. Reserve Bank of Australia. (2016). Government Bond rate. Retrieved on 15 April 2017 from: https://www.rba.gov.au/. Reserve Bank of Australia. (2017). Cash Rate. Retrieved on 15 April 2017 from: https://www.rba.gov.au/statistics/cash-rate/ Yahoo Finance. (2016). Newcrest Mining Limited. Retrieved on 15 April 2017 from: https://au.finance.yahoo.com/quote/NCM.AX/history?p=NCM.AX Yahoo Finance. (2016). Orica Limited. Retrieved on 15 April 2017 from: https://au.finance.yahoo.com/quote/ORI.AX/analysts?p=ORI.AX

Is leisure time really necessary free essay sample

Go to school at 7AM. Finish school at 3PM. Get back home, eat and the study. Take a show, eat again and then sleep. Welcome to the boring life of a high school student! It seems like studying is the top priority in a teenager’s life but this is definitely not the case as students would do what suits them best: they just â€Å"wanna† have fun! Nowadays, students feel a lot of pressure from their entourage when it comes to how important school is: they are given tons of homework from teachers and they have their parents nagging them all the time to finish as early as possible so they would get more time to sleep in order to focus better the next day at school. This is enormous weight on the teen who has many other worries like hanging out with friends, asking this girl or guy out, clubbing on the weekend and going through the teenage years peacefully so they try to find a way out of this chaos so they could relax, do fun stuff, breathe, act stupid, change, etc. We will write a custom essay sample on Is leisure time really necessary? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Therefore leisure time is arguably necessary because studying 24/7 might make them pass but it’s not the right way to learn school subjects†¦ There are many ways for a student to enjoy themselves: they could watch a movie or a TV show, read a book (young adult novels strongly appeal to them) and this could help them feel a little bit different as they might feel like they’re the film’s or the book’s hero or main character they relate to them, in a way, hence it makes interested. Going out for a walk can be so peaceful and relaxing, enjoying the nature’s beauty is very comforting and it helps them grow and feel more attached to their planet. Shopping is simply fun but not just clothes shopping! Teens love to buy the latest trends and brands because it might make them feel relevant or not â€Å"so retarded†. Sports are also fun, they help them get rid of the stress and negativity. Social networking and surfing the internet is amusing as well: chatting, watching videos, downloading the latest music releases, commenting on other people’s posts, rating stuff, etc. Routine is deadly boring and students are ever-changing: they also want something new to explore. It is very important to study and care about school work but leisure time is also necessary students break out of the box they’re in and enjoy themselves†¦ and study!

10 Modes of Modifiers

10 Modes of Modifiers 10 Modes of Modifiers 10 Modes of Modifiers By Mark Nichol A modifier is a sentence element a word or a phrase that provides details. Three types of modifiers exist: those that qualify by answering the question of how or under what conditions something occurs, those that set conditions or explain circumstances by answering the question of who, what, when, where, and why, and those that provide reasons or conclusions. Modifiers can also be classified into these categories: 1. Initial dependent clause: â€Å"Even though I was tired, I went for a walk.† 2. Initial infinitive phrase: â€Å"To calm down, I went for a walk.† 3. Initial adverb: â€Å"Immediately, I went for a walk.† 4. Initial participial phrase: â€Å"Trying to distract myself, I went for a walk.† 5. Mid-sentence appositive: â€Å"I, in an effort to calm down, went for a walk.† 6. Mid-sentence participial phrase: â€Å"I, trying to distract myself, went for a walk.† 7. Terminal present participial phrase: â€Å"I went for a walk, hoping to distract myself.† 8. Terminal past participial phrase: â€Å"I went for a walk, soothed by the breeze.† 9. Terminal resumptive phrase: â€Å"I went for a walk a walk that did me good.† 10. Terminal summative phrase: â€Å"I went for a walk, an activity that calmed me down and distracted me from my troubles.† And, for a bonus, employ a combination of phrases: â€Å"Even though I was tired, I, in an effort to distract myself, went for a walk, soothed by the breeze.† Thanks to this variety of ways to modify a sentence, writers need not be concerned about producing pedestrian prose. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:16 Substitutes for â€Å"Because† or â€Å"Because Of†What's a Male Mistress?Careful with Words Used as Noun and Verb

Essay Assignment

Essay Assignment Essay Assignment Essay Assignment: A Plan of Actions Essay assignment is not difficult at all, if you have a definite plan of actions, of course. You see all the essays are similar to each other as they have their own definite structure; if you follow this very structure you will never be in trouble with your essay assignment writing. Essay Assignment Writing Steps Thus, this is essay structure and a brief plan of what you have to do if you want to succeed in your essay assignment writing: Choose a topic for your essay assignment writing; at this point, it is recommended to choose a topic, which it will be rather interesting for you to deal with, or otherwise, it will not be simple and interesting for you to be engaged into the process of your essay assignment completing. Try to find as much literature devoted to the topic of your essay assignment, as it is possible in order you could present full information related to the topic of your essay assignment. After you have researched the topic of your essay assignment, think which findings you have made and try to stay concentrated on them during the process of your essay assignments writing: Remember that your essay assignment should consist of the following parts: an introduction where you present the topic and the aim of your essay assignment along side with the thesis that is considered to be the main point of your essay assignment; the body where you have either to prove or disapprove the thesis you have presented in the introductory part; the conclusion, where you have to restate your thesis one more time and to prove its relevance with the help of the findings you have made in the body. After your essay assignment is ready, we recommend you to proofread it and edit it in order to make it free from grammar mistakes, which greatly influence your grade for the whole essay assignment writing. If you have an opportunity to give your essay assignment to be proofread by the professionals, who work for the assignment writing services, do it, as this very proofreading really guarantees that you are going to get the highest grade for your essay assignment writing. Essay Assignment: Concluding Note This is an approximate plan of your actions you have to make in order to succeed in essay assignment writing, if you are going to need some additional consultation you can always appeal to our custom writing service and to receive all the answers you are in need of within the measures of our assignment writing help. Read also: Essay Term Paper on Doing Business in China Creation Paper Cause Effect Papers Analysis Case Studies Term Paper Editing

Entrepreneur Start up Process Essay Example | Topics and Well Written Essays - 750 words

Entrepreneur Start up Process - Essay Example ation and research. It identifies you to your customers and allows you to differentiate yourself from your competitors. When starting to look for a business name, business owners needs to firstly identify the business type if it is a product or service etc. Then they start to search for business name and narrow the search by making a list of the best names and sharing the list with others. Before selecting a name the owner should consider the following factors: Choose a name that has meaning for your target market Use a descriptive name to advertise your product or service Try not to have the name be restrictive Think about how the name looks Plan for all uses of your business name After that check the availability of the name in Australian Securities & Investments Commission (ASIC) website and if it isavailably start the registration process by registering your business name with Australian Taxation office (ATO). Then go to the Office of Fair Trading or visit their website to fill i n the application of registering a business name. The business name should be memorable, available, and allows your company to grow. Please note: â€Å"When setting up your business, if you choose to operate as a sole trader, partnership or a trust, and not as a company, then you will have to register your business name in the state or territory in which you’ll operate. If your business name includes your or your partner’s, first name and surname, then you don’t need to register your business name.† Choosing a Business Location Figure 3: Business Location The right location can be critical to the success of your business and poor decisions are usually difficult and expensive to overcome. Therefore, after deciding what type of business you’re going to run, who’s your business trying to target and what is your business trying to target such as companies, universities. After evaluating the business type, audience, and market target, you can sta rt searching for business locations. However, your most important consideration in choosing a location is your ability to satisfy your target market. Market: Market information is a key for a business success. If an owner is unaware of the customer choice, taste, market trends, market approaches, and customer management skills, the business would not be able to generate sufficient or required volume of sale and would be losing its customer base in the long run. Competitors: The information of competitors and their business strategies are highly critical for business success. By knowing the market policies and discount offers provided by the competitors to the customers, the owners of the business become