Discy Latest Questions

  1. There are many examples of cottage industries like pottery, handcrafts, blanketmaking, weaving, carpentry. These are typically small scale home based business, usually such industries operate in rural areas. Although these days there is no limit to these industries, they are growing and could be fouRead more

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  1. If you are thinking of opening one, then go ahead its a great idea as know they can be next corporate America. I can guide you through some steps which may help you to understand how you can do it successfully. Firstly you need to research and research. Research your industry to evaluate the competiRead more

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  1. I won't really call them disadvantages, maybe we can say that what are the problems faced by a cottage industry. Starting with a very basic problem, competition. Its difficult for a cottage industry to resist and sustain in this competition with big manufacturing units producing almost same productsRead more

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  1. If you have known anybody in your area selling handicrafts from their houses having their own unit, then you do know what it is. By the definition: cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Generally, coRead more

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  1. Here are some benefits of the freemium model: 1. Decrease in cost of customer acquisition: Since the basic services are free, people start availing your service actively. With word of mouth marketing new customers get hooked to your service and hence decreasing the cost of customer acquisition. 2. IRead more

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  1. "Basically, reverse brainstorming is a technique that builds on our natural ability to more easily see problems than solutions. Instead of asking a group to brainstorm ideas that would work, the group brainstorms all the ways that it would not work. It is used probably because we are good at criticiRead more

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  1. Well to define its characteristics, I'd say that its an intellectual activity and obviously it is thinking of new ideas is not a piece of cake. It requires you to think out of the box. Brainstorming is open and diverse its not about what is right or wrong but its more about what's new and different.Read more

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  1. Well brainstorming is very effective if done right. Businesses can get benefited phenomenally by getting solutions to the most tricky problems or could foresee the problem they never thought existed. Its not just good for the business but also for the employees, it can motivate the him to think to tRead more

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  1. Hi Manushree, brainstorming is used everywhere but to be specific it is used in the beginning of a project. It's usually done in a group setting when new ideas are needed in the initial stage of a project or when a project is just molding. Its used at all possible places from schools to business asRead more

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  1. To come up with a solution for a problem or a new idea by thinking through as an individual or as a group is known as brainstorming. Here are some examples of brainstorming: 1. You coming up with an idea for new business 2. Trying to come up with new marketing campaign ad

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