In-Depth Business Strategies and Insights for CEO's and Academic Research

View PDF DOI: https://doi.org/10.5281/zenodo.18365435   In what ways can a retailer such as Nordstrom take advantage of revenue management opportunities?    A retailer like Nordstrom can apply revenue management by aligning pricing and product availability with differences in customer segments. Nordstrom serves both premium, service-sensitive customers and price-sensitive shoppers. Revenue management allows Nordstrom to charge full prices which are higher at their main stores

Coupons have become a commonly used tool in revenue management, yet many businesses continue to overlook the importance of consumer experience, redemption behavior, and the strategic differences between discount types. Mr. Chang can issue coupons to not only promote sales or prevent excess capacity but also to increase awareness of his restaurant's location. For small businesses, especially restaurants, digital coupon apps and mobile targeting technologies have lowered the co

View PDF DOI: https://doi.org/10.5281/zenodo.18365521   This literature review paper focuses on inventory management in the supply chain and the issues involved in performance, costs, responding to demands, logistics, and sustainable pressures. There are multiple angles to view these challenges in the supply chain, subscription/auto-delivery procurement, handling and reuse of defective items under global sourcing, joint pricing–inventory control in multi-channel systems, int

View PDF DOI: https://doi.org/10.5281/zenodo.18365574   Businesses usually fail because of a lack of strategic fit between the competitive and supply chain strategies. This makes it important that the supply chain design, resources and processes provide the required capabilities to support the competitive strategy ( Eicker, T. et al., 2017). Although Blockbuster was a large company and perhaps they did not see the vision or threat that Netflex and Redbox imposed in the very

View PDF DOI: https://doi.org/10.5281/zenodo.18365640 This paper focuses on workforce management and the usage of AI into team coordination. Workforce management functions can include hiring, training, workforce planning, and coordination. These elements are now being heavily affected by AI tools so exploring how both AI resources and human resources function effectively in a startup company can be essential to be aware of in order to have the knowledge and capabilities to ma

View PDF DOI: https://doi.org/10.5281/zenodo.18365685 The entrepreneurial characteristic that stand out to me is passion, competency, and the ability to see opportunities where majority overlook. So I will be elaborating on interplay between an entrepreneur’s passion, their ability to recognize opportunities, and the principles of small business management. I find it interesting to see how passion can fuel opportunity recognition and support ones managerial practices that c

View PDF DOI: https://doi.org/10.5281/zenodo.18365730   Having the knowledge in how to forecast sales is an important element of any startups journey to success. Sales forecasting can be used as a guide, to be able to predict future revenue based on historical data, market research, and competitive pricing analysis. The information gathered while creating a sales forecast can also help create the marketing strategy. Creative marketing efforts such as writing books, applying

View PDF DOI: https://doi.org/10.5281/zenodo.18368251 One of the operations techniques that stand out to me is record keeping for inventory control, and as for one of the risk management techniques that stood out to me, it would be the risk of employee theft. Proper inventory control through strong record keeping and ongoing risk management of employee theft are not only foundational needs for small businesses, they also highlight biblical values integrity, and Christians in

View PDF DOI: https://doi.org/10.5281/zenodo.18368337 Fundraising is a common first step in bringing an entrepreneurial vision into reality. Fundamentally, fundraising includes getting funding to cover startup costs, product development, operations, and initial market entry. Some entrepreneur usually start with friends and family, and reach out to personal networks for seed capital that comes flexible terms. As the startup scales and grows, and has a stream of revenue, entre