I am very impressed by this article and I want to share it with everyone. This was originally written by Morgan Housel for CNBC and you can find the original article here. Here are a few things that generally aren't taught in school but I've noticed are vital in business and investing: The ability to …
Tag: Competition
What motivates different kinds of people towards action? (in Big 5 format)
This post is a re-blog from The Procrastinator's Mind. The Big 5 personality factors or test is by far the most accurate personality test available in the world right now. I've taken this test during my business school, and it is fairly accurate to not only me but also to all the other 400 students …
Continue reading What motivates different kinds of people towards action? (in Big 5 format)
Protect from unfair competition, but not from healthy competition
If there is no exchange or trade, every country has to reinvent the wheel on its own. Every country has to come up with its own inventions and completely relive all that has been lived by other countries like The United Kingdom. Imagine every country inventing a new computer on its own. This is what …
Continue reading Protect from unfair competition, but not from healthy competition
Competitive Intelligence
Competitive Intelligence (CI) is a process of enhancing marketplace competitiveness through a greater understanding of a firm's competitors and the competitive environment. This process is unequivocally ethical. It involves the legal collection and analysis of information regarding the capabilities, vulnerabilities, and intentions of business competitors. CI helps the senior management in companies of all sizes …
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