It is difficult to make predictions, especially about the future. – NEILS BOHR, Danish physicist What is Sales Pattern? The sales pattern is a collection of data about the sale of a particular product or group of products in the business for a given period and displaying it graphically to understand it’s behavior. These sales…… Continue reading How to Understand Sales Pattern in Retail Business?
5Whys Analysis is one of the simple and best tools to identify the root causes of a problem.In this article, we will explore the detailed structure of 5 Whys Analysis, Pre-requisites, Correct usages and its Limitations. What is the purpose of 5 Whys Analysis? Any problems can be addressed with corrections and corrective actions. While corrections…… Continue reading ‘5 Whys Analysis’ a Step-by-Step Guide for Beginners
In Japan, ‘Sumo’ is recognized as a national wrestling game. It is considered as one of the important games in the world, which is practiced professionally with tradition. Like all other games, this game is also offering a great deal of money and prizes to the winners. But what makes it differentiates from others is,…… Continue reading Result-Oriented Business vs Process-Oriented Business