Welp Magazine

Pros and Cons of Pay for Performance

Choosing a compensation policy is one of the most crucial decisions a business owner can make. In recent years, some employers have moved toward a pay-for-performance model, which provides financial rewards for
4 years ago

Complete Guide to Absolute Return Strategy

Absolute return investing describes a category of investment strategies and mutual funds that seek to earn a positive return over time—regardless of whether markets are going up, down, or sideways—and to do
4 years ago

Complete Guide to the Strategy Pyramid

The strategy pyramid is a visual tool to help you act on what your plan says you’re going to accomplish. Strategic alignment sounds simple: bring your activities and spending into logical harmony
4 years ago

Complete Guide to Budget Strategy

Budget strategies set the main focus of a budget and in most cases don’t fluctuate as often as budget goals. A strategy, for example, identifies what financial objectives the business wants to
4 years ago

Complete Guide to Best Cost Strategy

A best-cost strategy relies on offering customers better value for money by focusing both on low cost and upscale difference. The ultimate goal of the best-cost strategy is to keep costs and
4 years ago

Dominant Strategy vs Nash Equilibrium

According to game theory, the dominant strategy is the optimal move for an individual regardless of how other players act. A Nash equilibrium describes the optimal state of the game where both
4 years ago

Complete Guide to Multi Domestic Strategy

A multi-domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product offering and marketing strategy to match different national conditions. What is Multi
4 years ago
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