Economies of Scale

Economies of scale are important because they mean that as firms increase in size, they can become more efficient. For certain industries, with significant economies …

Factor Proportions Theory or Heckscher Ohlin Theory

The Factor Proportions Theory, also known as the Heckscher-Ohlin (H-O) Model, was developed by Eli Heckscher and Bertil Ohlin in the early 20th century. It …

Law of Comparative Advantage

Comparative advantage is an economic term that refers to an economy’s ability to produce goods and services at a lower opportunity cost than that of …

Trends in Digital Marketing: Global Context

2018 may be the year your company finally goes global—or takes your activities to new markets. While global expansion has the potential to dramatically boost …

Security Issue with Digital Marketing

Digital marketing required an investment of time and also effort. To make the digital marketing success, various things have to be done such as conducting …

How Digital Marketing is Adding Value to Business

Technology is now an essential component of our social and business worlds. Everything appears to be growing at a digital speed. The competition in each …

Social Media Marketing, Components, Types, Benefits, Challenges, Implementation

Social Media Marketing, Components, Types, Benefits, Challenges, Implementation

Online Marketing Mix

The online marketing Mix is essentially the same as the marketing mix. It is simply the adaptation of price, place, product and promotion to the …

The New Digital World- Trends That Are Driving Shifts From Traditional Marketing Practices To Digital Marketing Practices

Digital Marketing Digital marketing is the marketing of products or services using digital technologies, mainly on the Internet, but also including mobile phones, display advertising, …

Screening and Selection of Markets

After the decision has been made to expand the business internally, a preliminary examination and analysis of the firm is done. The first question to …

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