Temu, a cross-border online marketplace launched in 2022 by Chinese company PDD Holdings, has challenged the dominance of e-commerce giants like Amazon and Alibaba. Both […]
Author Archives: Ray Charles Samson
The Business Strategy of Temu
The e-commerce space is dominated by established technology companies like Amazon, which has become a household name in North America, South America, and Europe, and […]
Class Struggle in Marxism: Bourgeoisie vs Proletariat
It was in the 1848 political pamphlet “Communist Manifesto” where German political theorist and economist Karl Marx, together with German philosopher and political theorist Friedrich […]
The Business Strategy of Zara
Amancio Ortega is one of the most wealthiest people in the world and he owes his affluences to the success of the fast fashion company […]
Henry Ford: Accomplishments and Contributions
Henry Ford was a revered American business magnate whose name is easily identified with early 20th century American industrialism. He founded Ford Motor Corporation in […]
Advantages and Disadvantages of Communism
Communism is both an ideology and a movement that fundamentally centers on the creation and maintenance of a socioeconomic order called a communist society in […]
United States Postal Service: Importance and Challenges
The United States Postal Service or USPS has been in operation since 1971. It operates as an independent agency of the executive branch of the […]
From Cocaine to Cola: The Early History of Coca-Cola
The United States transitioned from an agricultural society to an industrial society during the period known as the Gilded Age. However, because challenges of the […]
Why a Delaware Judge Rejected Elon Musk’s Multi-Billion Tesla Pay Package
In a late Monday ruling, Delaware Court of Chancery Judge Kathaleen McCormick upheld her earlier January 2024 decision, which found that the board of Tesla […]
Types and Causes of Market Failure
A market failure is an economic situation occurring from inefficiencies in the distribution of goods and services in freely functioning or unhindered markets, thus resulting […]