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Which are the top 5 best recognized business consultancy certificates?

16.10.2020 at 20:52h

Hi Mihail: What are the best management certifications to see on a resume? We’ve selected the top five business management certifications to help advance your career. These selections are based on the reputation of the certifying organization and the market demand for the targeted skills. If you’re looking for a career change, they’re a great addition to your resume. By extension, this list also serves as a handy reference for staffing managers. Not all certifications are created equal, and s... read more


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How to estimate effectively a product market potential?

30.09.2020 at 13:29h

Hello Mihail: I would recommend a Gap Analysis: A gap analysis is a method of assessing the differences in performance between a business' information systems or software  [removed]  to determine whether business requirements are being met and, if not, what steps should be taken to ensure they are met successfully. Gap refers to the space between "where we are" [removed] A gap analysis may also be referred to as a needs analysis, needs assessment or need-gap analysis.  In information technolo... read more


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Want Accountability Within Your Team?

20.11.2020 at 21:06 h

What do you do in your business about accountability? [removed]  has never been as important as it is right now. Whether in board rooms in times of tight resource constraints or virtual  [removed]  settings where progress is dependent on self-discipline and commitment, establishing  [removed]  across a team is paramount for success within any organization. Most  [removed]  circles agree that accountability is one of the essential traits of any high-performing team. But if that’s true, then w... read more


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How Does a Commercial Letter of Credit Work?

20.11.2020 at 18:03 h

Have you ever used a Letter of Credit in your international transactions? n the world of buying and selling, which encompasses just about any kind of commerce, a letter of credit is an important financial tool. Specifically, a letter of credit is a letter from a bank guaranteeing a seller will receive payment from the buyer in the correct amount and on time. The reason a letter of credit is so important is that if the buyer is unable to pay, the bank has to cover the full amount of the purcha... read more


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How to build a better start up team

19.11.2020 at 22:14 h

Have you worked or been part of a startup team? What are the key elements of a startup team? It’s essentially a hiring challenge? It’s hiring decisions, and it’s having a clear culture and clear statement of values even before you go looking for a co-founder. And then when you start the first phase of hiring, it’s making sure that you and your founding team have an aligned vision, so it’s clear who’s going to be a cultural fit. One of the things that can really break an early-stage team is br... read more


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What is a micromaster and what can you do with this certifica...

19.11.2020 at 20:40 h

Have you ever heard of a Micromaster? MicroMasters programs are a series of graduate-level courses from top universities designed to advance your career. They provide deep learning in a specific career field and are recognized by employers for their real job relevance. Students may apply to the university offering credit for the MicroMasters program certificate and, if accepted, can pursue an accelerated and less expensive Master’s Degree. Does this sound interesting to you? What are some mic... read more


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What is information exhaustion – and what to do about it

19.11.2020 at 18:25 h

Uncertainty For many, this year has been full of uncertainty. In particular, the  [removed]  has generated uncertainty about health, about best practices and about the future. At the same time, Americans have faced  [removed] : first due to delayed results and now over  [removed] . Experiencing  [removed] . People tend to prefer the planned and the predictable. Figures from 17th-century French philosopher  [removed]  to 20th-century Austrian philosopher  [removed]  have recognized the signifi... read more


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What Is Waterfall Methodology?

19.11.2020 at 18:16 h

Are you familiar with Waterfall Methodology? What is your experience with this methodology? Waterfall methodology is a linear project management approach, where stakeholder and customer requirements are gathered at the beginning of the project, and then a sequential project plan is created to accommodate those requirements. The waterfall method is so named because each phase of the project cascades into the next, following steadily down like a waterfall. It’s a thorough, structured methodolog... read more


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Managing Supplier Risk in the Age of the Coronavirus

18.11.2020 at 20:34 h

Develop a sense, stay informed and know where to look for risk events Information is power and timely information even more so. Many organizations depend on individual buyers and  [removed] . But with thousands of suppliers, this isn’t an easy or efficient mechanism. Have a consistent and reliable way to collect and disseminate information. Reading newspapers is not enough. Leverage Technology. Sophisticated technologies have made it possible to monitor anything locally – from road disruption... read more


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What is a business coach?

18.11.2020 at 17:50 h

What is your definition of a business coach? What is expected of them? Do you agree?  Business coaches exist to serve one central duty: to help you meet your business goals. If this sounds too simplistic, think again. The myriad of roles you play as the owner of a small business means you have to do everything, from sales, marketing, promotions, technology, and human resources to talent acquisition, finance, project management, strategic planning, and more. In other ventures, these responsibi... read more


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What is a cost center?

18.11.2020 at 16:09 h

Does anyone have experience with a cost center? In business, cost centers are like the offensive line for a football team. They don't usually make the highlight reel and their work isn't always as flashy as their sales and marketing teammates — or in this comparison, your wide receivers and running backs. In fact, most of the time you only really notice the offensive line when things go wrong and the defense ends up sacking the quarterback or blowing up the play. The same goes for cost center... read more


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What is the peer-to-peer business model?

18.11.2020 at 16:00 h

What is your experience with a peer-to-peer business model? The peer-to-peer business model’s purpose is to act as an intermediary between individuals. It works as a matchmaker in the middle of two sides: one who has something to offer (a product or service) and others who can benefit from this offer. Usually, the peer-to-peer  [removed]  involves a kind of platform that provides contact between both sides, while establishes rules and regulations, payment systems, and any kind of process that... read more


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Coronavirus: How to be happier while working from home

18.11.2020 at 01:11 h

Millions of people need a home office for the first time. Some have perched at kitchen tables or made do with a laptop on the sofa for months. But even if a vaccine comes soon, many people may never go back to the office full time. And the early signs of how the pandemic has affected the UK's mental health are not good. Levels of  [removed] , while in a  [removed]  by the Royal Institute of British Architects many people said working from home had made them more stressed. So what can we do to... read more


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What are the biggest challenges a business faces today?

17.11.2020 at 21:47 h

The first challenge today is the pandemic. How are you managing the pandemic? How are you managing remote workers? To ensure you create a successful, profitable, and long-lasting brand, read the six biggest challenges businesses face today. 1. Future Uncertainty. Evolving market trends, a shift in consumer expectation, and a changing economic climate can be daunting for many business owners. If you lack leadership skills or poorly manage your company’s time and resources, it is likely your bu... read more


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What is the biggest Lean waste?

17.11.2020 at 16:59 h

The biggest Lean waste is NONE of these: The 8 Lean wastes. They are: - Defects- Overproduction- Waiting- Non-Value-Added Processing- Transportation- Inventory- Motion- Unused Employee Creativity So....what is the biggest Lean waste if it isn't the 8 lean wastes listed here? Can you please submit some replies? Thank you. read more


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How Can the Internet of Things (IoT) Help Your Business?

16.11.2020 at 22:08 h

The internet of things (IoT) is a concept that refers to all internet-connected devices that utilize single access to the internet remotely. (For instance, your refrigerator, your smart TV, or thermostat can all be controlled through your tablet.) Are you using IoT? the Internet of Things can help your business. 1. Accelerate your operations With IoT in place, many processes will be optimized to work faster. Interconnected devices can have the inclusion of everything from cars and traffic lig... read more


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Innovate or die: the stark message for businesses

16.11.2020 at 20:54 h

Companies that fail to innovate risk extinction. Does your company innovate? Do you have a new product development team? Just look at the likes of Woolworths, Polaroid, Alta Vista, Kodak, Blockbuster, Borders... the list goes on. All steamrollered by strings of ones and noughts and changing consumer behavior. But why are so many big companies so bad at it? Big companies are much more conservative than start-ups and won't do anything that is untested or could risk future profits. You cannot af... read more


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What is CRM and how does it help you and your customer?

16.11.2020 at 20:03 h

Can you share your experience with CRM (Customer Relationship Management)? In my opinion, the majority of businesses that  [removed] , first and foremost, are looking for a way to improve the quality and consistency of their relationships with customers and  [removed] . This means that they want to improve their core business processes – managing contact information and streamlining their relations with customers. What benefits have you seen using CRM? Do you find customer contact to be the b... read more


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What are the steps to create an effective onboarding sequence?

16.11.2020 at 17:11 h

Can you please share your experiences with an e-mail onboarding sequence? From what I know converting visitors into subscribers is fairly straightforward. You need engaging content as well as a signup form that collects email addresses and personal information. Now, if you want to turn these subscribers into loyal customers, you'll have to provide a bit more value. You need to show that your business is worth their time and money and an effective email onboarding process is one of the first p... read more


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What are the 3 types of AI?

15.11.2020 at 16:37 h

Do you use AI in your business? Can you name the three types of AI? Artificial Intelligence is a branch of computer science that endeavors to replicate or simulate human intelligence in a machine, so machines can perform tasks that typically require human intelligence. Some programmable functions of AI systems include planning, learning, reasoning, problem-solving, and decision making. Artificial intelligence systems are powered by algorithms, using techniques such as machine learning, deep l... read more


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What is Business Continuity Planning Checklist for a Pandemic?

14.11.2020 at 21:21 h

Business Continuity Planning is an essential strategic management planning process used to enhance business resilience in the event of an emergency or disaster. The completed Business Continuity Plan (BCP) provides guidance to workplace parties and stakeholders so that the business can continue to operate during an adverse event e.g., provide products and or delivery of services to clients or customers during an emergency. Having a plan may also assist to:  Ensure businesses have the timely ... read more


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What is an algorithm, anyway?

14.11.2020 at 00:42 h

An algorithm is a set of very specific instructions. How to bake a cake, find the sum of two plus two, or even run a country according to the U.S. Constitution are all examples of algorithms. Why? Because, according to Domingos, the definition of an algorithm is “a sequence of instructions.” That’s it!  Today, an algorithm usually refers to “a sequence of instructions that tells a computer what to do.” A computer program is an algorithm, written in a computer programming language, that a comp... read more


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HOW TO ENCOURAGE WOMEN TO START A COMPANY

13.11.2020 at 23:42 h

I believe in women running businesses. How do you feel about this? What are some of the challenges for women running businesses? With an understanding of issues and hurdles that hold women back from starting their own businesses, there are some important ways that these women can be encouraged to step into this arena. These include providing information on the key basics of starting a new business, turning myths into strengths, and good mentoring programs. Key Steps in Starting a Business The... read more


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Forecasting For 2021 As If 2020 Never Happened

13.11.2020 at 21:58 h

How do you forecast strategic planning and revenue forecasting for 2021? Do you use previous years? Start with a blank page this year and go back to the fundamentals:   Is your industry or category growing, treading water, shrinking, or potentially becoming entirely obsolete? If your answers are the latter options, you may need to reinvent your business. Who are your key targets and customers? Not the ones that bought from you in 2019, but rather the ones that will be spending money in 2021.... read more


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How to Improve Customer Acquisition

13.11.2020 at 19:13 h

What ways do you use to improve customer acquisition? One way is to increase Customer Referrals: Referral marketing is one of the few customer acquisition channels that can scale infinitely, and a customer success team can play a big role here. The email outreach company,  [removed]  gets 90% of new customer acquisition via word-of-mouth referrals. The secret? Proactively reaching out to customers already referring to new business, and thanking them for it. Another is to Promote Customer Succ... read more


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What are some Customer Service Interview Questions?

13.11.2020 at 17:52 h

What are your best customer service interview questions and answers? Can you offer some questions? Here are some: What was the toughest customer service case you've ever handled? What does customer delight mean to you? Tell me about a time you couldn't solve the customer's problem. What was the outcome? Can you tell me about a time that you had to go the extra mile for a customer? Creating a customer-centric, high performing customer service organization always starts with hiring great people... read more


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What is Enterprise Kanban?

12.11.2020 at 22:41 h

Have you heard of Enterprise Kanban? Can you share your thoughts? How is it working for you? The world of working is rapidly changing, as it’s reshaped by a demographically dynamic workforce, new speed-driven approaches to work, evolutionary management models, and a growing virtual workforce. To keep businesses delivering value quickly and effectively, teams must leverage a variety of work methodologies and processes to get work done, such as Lean, Agile, Scrum, Kanban, Scrumban, and traditio... read more


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How do you create your Ideal Customer Profile

12.11.2020 at 22:11 h

Do you have a method to create your ideal customer profile (Known as ICP)? Do you use an ideal customer profile? What questions do you ask when crafting your ICP? Can you name the other questions when you create an ICP?? What do you think of the ICP for your business? read more


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What type of innovation are you talking about?

12.11.2020 at 20:30 h

People often don't understand each other when they talk about innovation. The main reason for this confusion is that there are different types of innovation. To be understood, it is fundamental to specify what type of innovation you are talking about. There are three types that I know about: Efficiency innovation, Sustaining Innovation, and Transformative innovation What type of innovation do you use in your company? What are the advantages and disadvantages of these innovations? Can I get so... read more


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What is an open source knowledge base?

12.11.2020 at 17:27 h

Do you have experience with an open-source knowledge base? Does it help you? An open-source knowledge base is built on open-source software — meaning, its source code is  [removed] . An open-source knowledge base is highly-customizable as you'll have to build it in-house. If you're not interested an open-source knowledge base, your other option is SaaS (Software as a Service) knowledge base. A SaaS knowledge base is entirely ready for you to use the moment you get it — but you may not be able... read more


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Will Consumer Goods Be Stronger from the Pandemic?

12.11.2020 at 17:17 h

What is your opinion? We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods or CPG). As the name suggests, these are the products that we buy most frequently, such as tinned food, canned drinks, toothpaste, shampoo, soap, biscuits,  [removed] , and instant coffee. The way consumers bought these products was already changing before the pandemic. Companies like Unilever have been experimenting with subscriptions for several years ... read more


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What is Guest Experience Platform for Food Services?

12.11.2020 at 01:40 h

What is your experience with digital platforms for restaurants? Pros/Cons? Imagine it’s a Friday night and you have friends over. You have picked your favorite pizza place and triple checked orders with all your friends. You finally make a call to place your big order, but get put on hold. After waiting a few minutes, you hang up and express your frustration on twitter. That will show ‘em!  This is a typical scene at most restaurants during peak hours. Not only does the restaurant miss out on... read more


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How will Powerful Personal Brand Will Make You Successful?

11.11.2020 at 21:31 h

Do you have a personal brand? Is it powerful and successful? Can you share your experience with your personal brand? If you don't have a powerful and visible personal  [removed] , you are putting yourself at a disadvantage in almost every aspect of your professional,  [removed] , and  [removed] .  [removed]  has become a requirement for anyone looking to grow their business, get a better job, get noticed by the press, take their career to the next level, or meet new, high-quality friends. Per... read more


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What is Agile transformation strategy?

11.11.2020 at 19:31 h

Have you had experience with an agile transformation? What are some of the problems you encountered? What is the critical path to a successful agile transformation? Why the need to transform into an organization of agility? I do know that an Agile transformation will eventually affect the entire organization so there should be assessments conducted with members of each team or department, from top-down. Agile transformation is not applicable to only the members of the IT teams therefore all r... read more


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How do you Manage international shipping in the time of COVID...

11.11.2020 at 17:26 h

Do you have any suggestions on how to manage international shipping during the pandemic? Can you share any of your experiences? Are there any tips you can give me? I know one is: stay in tune with the market Another: Avoid air shipping because it is costly. Any others to add? Thank you.   read more


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How do Blockchain and 5G work together?

11.11.2020 at 17:07 h

Did you know that Blockchain and 5G work together? Have any of you been exposed to this partnership? Are you using it now? What are your experiences? There is no shortage of emerging technology applications and tools that are rapidly moving from the realm of science fiction to practical reality. Self-driving cars, the internet of things, smart devices for both individual and institutional use, digital twins of physical devices, and all kinds of other new ideas are quickly becoming mainstream.... read more


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What is the Snapchat Business Model?

11.11.2020 at 16:54 h

Do any of you know about the Snapchat business model? What is your experience with Snapchat? I do know: The Snapchat business model is a multisided platform totally based on a camera app for smartphones. That’s precisely why the company, now called  [removed]  describes itself as a “camera company”. What are the pros and cons? I do know:  [removed]  is basically a social-networking app that allows people to connect with each other, by exchanging photos or videos, and by chatting. So, the comp... read more


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What are Best Practices in Building Peak Fulfillment Strategi...

11.11.2020 at 16:43 h

What are your strategies for building peak season fulfillment? There are ample ways to build better peak season fulfillment strategies. Instead of getting bogged down in the details, let’s focus on nine leading concepts to boost peak warehousing management, including: Lean inventory is not optimal for peak season fulfillment. While lean inventory is excellent throughout the year, it can lead to severe consequences during peak season. With a record of increased demand for each peak season, le... read more


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How do you implement a Marketing Automation strategy?

10.11.2020 at 21:29 h

Have you implemented a Marketing Automation Strategy? So many marketers fail to get the most out of their marketing automation platform — basically using their software the same way they’d used their previous email service providers. That is batch-and-blast emails with a one-size-fits-all approach. But marketing automation platforms empower marketers to do so much more beyond just sending blanket emails. Knowing who your customers are, what they need, and how you can best serve them is essent... read more


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How do you stay engaged to your work during the pandemic?

10.11.2020 at 21:13 h

As the pandemic and a flurry of current events wear on, so does work. You’re stressed, exhausted, and overwhelmed. You’re eager for this to be over. There are certainly days when you’d like to just lay on the couch, but still, your company and team need you and you have to find a way to engage. While you may love showing up for work  [removed] , especially when remote work takes place in your home and  [removed]  you’re also facing challenges like loneliness and distractions, and you’re strug... read more


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What is 5G and how will 5G affect you?

09.11.2020 at 23:46 h

5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G wireless technology is meant to deliver higher multi-Gbps peak data speeds,  [removed] , more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. Higher performance and impro... read more


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How do you get media coverage for your business?

09.11.2020 at 22:19 h

Every  [removed]  wants press, but few understand how to reach out to a reporter and frame their story in a way that'll get attention.  rks. Here are three big takeaways from the discussion: 1. Understand who you're contacting You don't pitch a consumer without understanding their needs, and you don't pitch an investor without studying what they're looking for. The same must be true for journalists. To properly connect with them, you need to understand what motivates them. And here's the most... read more


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What are the keys to business success?

09.11.2020 at 20:57 h

The other day, I heard someone say, “The world would be a great place, if it weren’t for people.” Have you ever felt like that? You might think that about your business — boy, this would be a great company if it weren’t for all the people. Maybe you are constantly facing conflict that slows you down and keeps you from achieving the results you know your team is capable of. Your best people keep leaving for opportunities they think are bigger and better. People are not putting out their best w... read more


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What is the art of Negotiation?

09.11.2020 at 18:48 h

What are your experiences with negotiation? What has helped you win a negotiation? What should you avoid when you negotiate? It would help to hear your experiences. Negotiating is a collaboration. It has to be a win-win for both parties. Never be adversarial. Keep the focus of the negotiation solely on results and what would make the best long-term deal for both parties. By taking the emphasis off the people involved and keeping it on the facts, the negotiation is less likely to become hostil... read more


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What is Humane Technology and how is it used?

07.11.2020 at 16:17 h

Have you heard of Humane Technology? We must be mindful of how we engage with technology: what we use it for, why, and whether it helps or hinders us. Sometimes our tech seems to be flowing in inhumane directions, and it feels beyond our power to redirect it. But humankind dams rivers, and alters the landscape in countless other radical ways. We can redirect our technological growth. And why shouldn’t we direct it towards humans?  Because let's design the future with people, not things, in mi... read more


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What is a change agent and what does he or she do?

07.11.2020 at 01:31 h

Change is inevitable, a part of doing business in a world influenced by technology, globalization, and evolving customer demands.  [removed]  has in recent years shifted from a specialty to be more of a leadership quality that affects how companies and teams adapt to shifting marketplaces and continue daily operations. Whereas change management used to primarily focus on operational and/or process improvements and cost-effectiveness, it is now something that managers are using to think about ... read more


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What is a Long Tail Business Model and how is it used?

06.11.2020 at 18:47 h

I was asked to do a Long Tail Business Model. I know The Long Tail Business Model works by selling a wide variety of niche products, which individually sell very little, but which in total generate high sales volume. Nowadays, search engines have made it possible for consumers to  find anything they want all over the world, no matter how specific their interests and tastes are. At the same time, online targeted media have made it easier for a niche business to have access to their own consume... read more


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What's a Call Abandonment Rate & How Do You Calculate It?

06.11.2020 at 18:10 h

Have you ever called a support line and were immediately put on hold before you could speak to a service rep? I know I have and it's incredibly frustrating especially when you have a quick question that only takes a few moments to answer. Being immediately put on hold makes you feel like there's a roadblock preventing you from communicating your problem to the business. And, if that hold is long enough, it's very common to get frustrated and hang up the phone before we ever speak to a service... read more


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What are the top five challenges for the consulting business?

06.11.2020 at 01:04 h

The top 5 Business Challenges for Management Consulting paint a striking picture of the marketplace today: • Dealing with competition and a difficult economy – The sign of competitive pressure is echoed in the top business challenge in the consulting industry. It is an increasingly active global marketplace. Competition is high as multiple international players, is strengthening their efforts. As financial situation and economic sluggishness prevails in some markets, several firms offering Pr... read more


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What top cryptocurrencies should you invest in in 2021?

05.11.2020 at 22:16 h

I know of three cryptocurrencies to invest in 2021, but need your input for other cryptocurrencies? Bitcoin (BTC)  Are you asking yourself, "should I invest in Bitcoin? is the  [removed]  already at its peak? or is Bitcoin the best cryptocurrency to invest in 2021?. Well, We wish if we know! However, the following info should help you to decide if investing in Bitcoin Cryptocurrency is a good idea for you. It should come as no surprise that Bitcoin is at the top of our list of cryptocurrencie... read more


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