The Role of Entrepreneurial Orientation in Business Model Innovation

The Role of Entrepreneurial Orientation in Business Model Innovation

Entrepreneurial Orientation (EO) is an essential factor that positively influences entrepreneurial performance; however, its effect can only be felt via business model innovation. This study investigates the underlying mechanism by studying 288 new entrepreneurial enterprises. Results demonstrate that business model innovation fully mediates between entrepreneurial orientation (EO) and performance; with market orientation acting to moderate […]

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The Psychology of Pricing: Strategies to Optimize Sales

The Psychology of Pricing: Strategies to Optimize Sales

Pricing psychology refers to a collection of techniques businesses employ to influence customers’ purchasing decisions. This could involve anything from avoiding round numbers (e.g. prices ending in.99) to taking advantage of price bundling strategies. Pricing psychology can be an effective tool to drive sales while aligning with long-term goals and values. Psychological Pricing Persuading consumers […]

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Brand Positioning Strategies for Setting Your Business Apart From Competitors

Brand Positioning Strategies for Setting Your Business Apart From Competitors

Have you ever selected a restaurant or service provider due to their exceptional customer service? Or perhaps when needing photocopies you don’t ask Google but rather “Xerox?” Brand positioning strategies allow companies to exert greater control over how consumers perceive them and differentiate themselves from rival businesses. Here are some essential guidelines for creating an […]

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Building a Strong Brand Identity – Tips For Startups

Building a Strong Brand Identity – Tips For Startups

Establishing a strong brand identity for startup businesses is vital. Doing so offers numerous advantages, including creating a positive impression of their business, increasing customer loyalty and driving sales growth. Customers tend to gravitate toward brands that reflect their beliefs and lifestyle, such as Nike or Patagonia, which explains their incredible success. 1. Create a […]

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The Evolving Role of HR in the Digital Age

The Evolving Role of HR in the Digital Age

Human resources (HR) has transitioned from compliance-focused support for employees, to helping support an organization and its workforce as a whole. To do this effectively requires HR using technology to fulfill many transactional functions for multi-generational workforces. Attracting top talent requires taking advantage of technological innovations, cultivating an employee-centric environment and nurturing a culture of […]

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