Competition in the Industry

Competition in the workplace can be very useful in different scenarios but it can often backfire and demoralize team morale in the long run.

Many competitive workplaces create an unhealthy environment where employees put self-interest above corporate and even customer interests. Instead of...

There are different stages of a product and different strategies apply to each of them: 

1. Market Introduction: High costs, low sales, little competition, customer education, marketing investment, low profitability
2. Growth: Declining costs, higher sales volumes, profitability appe...

Track and compare prices in stores and plan a higher monthly food supply.

Leave only daily purchases of bread, milk and basic necessities for everyday small purchases in smaller shops. Major retail chains often offer lower prices or have discount prices, which you can use to ...