Business Trends For 2020 (3 months later)

These below were the key 🔑 trends that will impact businesses in 2020 and beyond, wrote this notes in January and funny enough never shared. Now with the #Covid19 effect are they still relevant? End consumer with steady purchasing habit. Consumer sentiment will remain trong. With consumer spending representing two-thirds of most of the globalContinue reading “Business Trends For 2020 (3 months later)”

Top 5 Reasons Why People QUIT.

Financial Stability . No Room For Growth. Lack of work- life balance due to company disorganization. Poor Leadership. No long term strategy. Financial Stability – No one wants to be underpaid or work in a company that has financial issues. No Room For Growth – Motivated employees need to feel valued and appreciated and inContinue reading “Top 5 Reasons Why People QUIT.”

The reason why your CV never get seen and no calls for interviews.

The Applicant tracking system. An applicant tracking system (ATS) is a software application that enables the electronic handling of recruitment and hiring needs. In many cases they filter applications automatically based on given criteria such as keywords, skills, former employers, years of experience and schools attended. This has caused many to adapt resume optimization techniquesContinue reading “The reason why your CV never get seen and no calls for interviews.”

Economy of Scale, simply explained

“The cost advantages taken in by companies when production becomes efficient are called economy of scale.” Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods produced, obviously costs can be both fixed and variable. The size of the business usuallyContinue reading “Economy of Scale, simply explained”

Customers and Employees Churn Rate simply explained.

The churn rate, also known as the rate of attrition or customer churn, is the rate at which customers stop doing business with an entity. It is usually expressed as the percentage of customer doing business transactions with a company who discontinue their purchases within a given time period. It’s also used in Human ResourcesContinue reading “Customers and Employees Churn Rate simply explained.”