Discy Latest Questions

  1. "Teamwork is important as it leads to the following: 1. Successful achievement of goals 2. Positive environment at workplace 3. Improved business efficiency 4. Inculcates a sense of unity amongst the employees 5. It promotes collaborative workplace environment

    “Teamwork is important as it leads to the following:
    1. Successful achievement of goals
    2. Positive environment at workplace
    3. Improved business efficiency
    4. Inculcates a sense of unity amongst the employees
    5. It promotes collaborative workplace environment

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  1. Any place you work from becomes your workplace. It could be your home or office space in a large building.

    Any place you work from becomes your workplace. It could be your home or office space in a large building.

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  1. CEO stands for Chief Executive Officer. It is the highest ranking position in a company. CEO acts as a bridge between the Board of directors and the corporate decisions being taken. They are the face of company and are responsible for looking after the overall functioning of the company. They take cRead more

    CEO stands for Chief Executive Officer. It is the highest ranking position in a company. CEO acts as a bridge between the Board of directors and the corporate decisions being taken. They are the face of company and are responsible for looking after the overall functioning of the company. They take corporate decisions and manage the resources of a company.
    A CEO is elected by the shareholders and the board of directors.

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  1. Well Aakash, as you may know that churn is not a good thing for any business, its like an unwanted plant that you can't do away with. So its good to know what is an ideal or good churn rate. If you have a big business or you own a big company I don't think its bad to lose some customers until you arRead more

    Well Aakash, as you may know that churn is not a good thing for any business, its like an unwanted plant that you can’t do away with. So its good to know what is an ideal or good churn rate. If you have a big business or you own a big company I don’t think its bad to lose some customers until you are gaining new. Researches have shown that typically big companies do have a standard churn rate more often than not and it is five percent.
    But if its not a big company then I don’t think that this has yo be your standard too, its always good to keep it lower. You can ideally take a margin of 3% to 5%, as we know it can’t be totally negligible.

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  1. Some distinguishing factors between a marketer and a marketeer are listed below: 1. A marketer is a person responsible for creating an involvement chain between customer and the product or service offered by the company. Activities may include maintaining stock, creating awareness about the product,Read more

    Some distinguishing factors between a marketer and a marketeer are listed below:
    1. A marketer is a person responsible for creating an involvement chain between customer and the product or service offered by the company. Activities may include maintaining stock, creating awareness about the product, etc. On the whole a marketer is somebody who is responsible for everything related to marketing.
    Marketeer is somebody who is focused on each customer and tries to build a one on one relationship between the brand and the customer.
    2. A marketer works on strategies to expand market and also come up with product offerings to be able to cater to the market.
    Whereas a marketeer makes optimum use of customer’s time and tries to influence their decision to buy the product.
    3. Maketer’s approach is holistic whereas marketeer’s approach is individualistic.
    Here is an article to help you more on this topic: https://www.feedough.com/what-is-a-marketer/

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  1. Declaring bankruptcies mean that s business or an individual cannot repay their debts to the creditors. Bankruptcy is a legal proceeding. It is a process where either the debtor or the creditor file for bankruptcy. On filing for bankruptcy, the debtors assets are evaluated and the outstanding debt mRead more

    Declaring bankruptcies mean that s business or an individual cannot repay their debts to the creditors. Bankruptcy is a legal proceeding. It is a process where either the debtor or the creditor file for bankruptcy.
    On filing for bankruptcy, the debtors assets are evaluated and the outstanding debt may be repaid using those assets.
    Bankruptcy is a way for companies to start afresh.
    When a bankruptcy proceeding is successfully completed, the debtor is no more obligated to repay outstanding debt and gets a second chance to start again.

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  1. Bootstrapping means a company spends what it makes. Its difficult to keep up with internal resources as it is not always practical for businesses that need a large investment such as manufacturers or importers. It would just unnecessarily waste their time when they could explore options and get helpRead more

    Bootstrapping means a company spends what it makes. Its difficult to keep up with internal resources as it is not always practical for businesses that need a large investment such as manufacturers or importers. It would just unnecessarily waste their time when they could explore options and get help from outside.
    Let’s say even if a company starts with just personal savings and runs on its initial revenue then it can take much longer to grow this company without investment and what’s the guarantee of wasting all that time and getting success.
    The entrepreneur will probably not get any salary at an early stage when the revenue is going as investment in business. They will be likely not be earning any money for quite a while.
    When personal savings are all spent and the business is still not growing then the entrepreneur can easily end up in a lot of debt.

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  1. ReCommerce also referred to as Reverse Marketplace or Reverse Commerce is known as the act of selling and purchasing old goods over e-commerce platforms. These companies buy old products, rework on those products and reintroduce them in the market. These companies have standards set for pricing baseRead more

    ReCommerce also referred to as Reverse Marketplace or Reverse Commerce is known as the act of selling and purchasing old goods over e-commerce platforms.
    These companies buy old products, rework on those products and reintroduce them in the market.
    These companies have standards set for pricing based on certain metrics.

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  1. Networking brings along quite a few benefits. Following are some of them: 1. Career advancements: Having a good professional network means getting you can receive guidance from your professional circle for career advancements. 2. Better job search opportunities: A wide network increases your reach aRead more

    Networking brings along quite a few benefits. Following are some of them:
    1. Career advancements: Having a good professional network means getting you can receive guidance from your professional circle for career advancements.
    2. Better job search opportunities: A wide network increases your reach and in turn leads to better job search opportunities.
    3. Knowledge enhancement: Having different kinds of people in your network enables you to widen your horizons in terms of the perspectives you have towards different things. Discussing and listening to opinions of different people helps you enhance your knowledge base.
    4. Personality development: All the above help you in personality development.

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