Articles Tagged: Business Strategy
Articles
- Brand Loyalty - Brand loyalty is a consumer's deep-seated commitment to a particular brand, leading them to consistently repurchase its products or services, even when faced with competitors offering similar or more attractively priced alternatives.
- Chesterton's Fence - The principle that you should not remove something until you understand why it was put there in the first place. A crucial concept for reformers and business leaders making changes to existing systems.
- Metcalfe's Law - The value of a network is proportional to the square of the number of connected users. A fundamental principle explaining why network effects create exponential value growth and competitive moats.
- Moral Hazard - Moral hazard describes a situation where one party takes on more risk because another party bears the cost of that risk, often due to information asymmetry.