American economist Milton Friedman and American mathematician Leonard J. Savage published a paper in 1948 that introduced the theory now called as the Friedman-Savage Utility […]
Author Archives: Mathew Emmanuel Pineda
Contributions of Milton Friedman: Theories and Principles
Milton Friedman was an acclaimed American economist whose contributions range from the introduction of theories and models in economics to principles and concepts in business […]
Minsky: The Financial Instability Hypothesis
Several economists have referenced the financial instability hypothesis developed by American economist Hyman Minsky to describe modern financial phenomena, especially downturns in the financial system […]
Examples of Value-Added Service
A value-added service or VAS is a type of non-core service or feature provided for free or little cost when a consumer purchases a product […]
Examples and Types of After-Sales Service
An after-sales service corresponds to the activities and processes undertaken by an organization or business to ensure customers are satisfied with their purchased good or […]
Examples of Sales Promotion
Sales promotion is one of the major types or categories of promotional activities in marketing. It involves the use of media and non-media marketing communications […]
Types of Promotion in Marketing
Promotion in marketing corresponds to any marketing activities and communication undertaken to inform a target audience and persuade them to buy a product or respond […]
Market Entry Strategies
Market entry strategies are specific approaches to distributing and delivering goods and services to a new target market. In an effort to explore new opportunities, […]
Causes of the Great Depression: Theories and Explanations
The Great Depression or the Depression of the 1930s was a global economic crisis that began in the United States after the collapse of the […]
Federal Employment Discrimination Law in the United States
There are several legal measures in the United States aimed at promoting equal employment opportunity and workplace equality. At the federal level to be specific, […]