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Exploring Fixed And Variable Costs
Hey, it’s Jerryy Garrett, back with this week’s post. I learned about different types of costs in my MBA, and I’ll share that with you. There are two main types: Fixed and variable costs. First, fixed cost. No matter if you make a million dollars in profits or losses, you still have to pay the…
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Dehli Trip: The Adventure
Hey there, I’m back with a post for this week. This week’s post will be about my recent trip to Delhi. We had planned to go by train and everything was good. We went to the train station on time, but tragedy struck. There was a one hour delay. We decided to wait it out,…
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Exploring Four Financial Ratios
Hey guys, it’s me Jerry Garrett, and I’m back with another blog for today. Today, we’re going to be learning about the four financial ratios: First, the profitability ratio is a measure of how well a company is managing its profits. It determines if there’s a lot of profit, less profit, or no profit at…
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The three A’s of Wealth
It’s obvious that you need to make money to survive in this world, and today I’m going to be talking about exactly that. Today, I’m going to discuss three ways you can make money in this world. First of all, is active wealth. Second is asymmetric wealth. And third of all is assistive wealth. Now…
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Learning Risk Reversal In MBA
“A ship is safe in harbor, but that’s not what ships are for.” John A. Shedd This week, I’m discussing another MBA concept: Risk Reversal. When a customer buys your new product, they’re taking a risk. They haven’t used it before and don’t know if it’ll work as expected. They might believe your product is…
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Value Delivery In MBA
“Always Delivery More Than You Are Paid To Deliver.” Robin Sharma Back with another post today, we’re diving into a key topic in MBA: value delivery. Picture this. The sale’s done. Money’s exchanged hands from the customer to the seller, but the product hasn’t reached the customer yet. It can’t be just any random product;…