The supply and demand equation is a fundamental concept in economics that can be applied to understand the dynamics of any market. This equation helps explain how the price and…
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The 18th-century forestry philosophy, known for its systematic and sustainable approach to forest management, offers valuable lessons for modern business practices.
With the impending 25% tariff on Canadian imports to the U.S. set to take effect on February 1, 2025. Canadian businesses face significant challenges. However, there are several strategies they…
President-elect Donald Trump’s announcement of a 25% tariff on all products imported from Canada is cause for concern and introspection as its are expected to be significant. Economic and Supply…
Kaizen, a Japanese term meaning “change for good,” embodies the philosophy of continuous improvement through incremental changes and taking a step-by-step approach. It includes the development of management training systems…
Continuing from our previous discussion on the importance of distinguishing between the supply chain and value chain, let’s explore how Value Stream Mapping (VSM) can be an effective tool for…
The lockdown levels to help deal with the Covid-19 pandemic have mostly had negative impacts on the South African small and medium sized businesses. Business owners state that the lockdown…
In the quest for sustainable and profitable business, individuals have to make continuous incremental improvements. The aim is to reduce or eliminate all types of waste and mistakes. We understand…
7 actions for creative business development As entrepreneurs we are often encouraged to “work smarter, not harder.” Yet, we also know that we need to do both. We need to…
Telecommuting has become common as more employers are rolling out work-from-home solutions to keep their employees indoors and safe. Zoom and Microsoft Teams have replaced the traditional methods for delivering…
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