Category: Business

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How To Measure Your Online Presence Score

How To Measure Your Online Presence Score

Whenever we do something such as making a strategic decision, we do it to ensure that we achieve a given goal. This is common especially if the decision requires investing money and time. For a business, most decisions often have far-reaching consequences as they determine its next phase.

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Why is Understanding the Market Important for a Business

Why is Understanding the Market Important for a Business

A market is a place where goods and services are bought and sold. It can be a physical location, like a farmer’s market or a stock market, or it can be an online platform, like an e-commerce website. In economics, a market is a system that allows buyers and sellers to exchange goods and services at prices determined by the forces of supply and demand. The market price of a good or service is the price at which it is bought and sold in a particular market. The market is an important concept in economics because it is a central mechanism through which the allocation of resources and distribution of goods and services takes place in society.

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