Tag: Business
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Legal Barriers in Business
FFB-Post 14 In our previous post, we delved into the concept of economies of scale. Today, let’s shift our focus to another significant business advantage: legal barriers. Understanding Legal Barriers Legal barriers provide companies with protection through legal contracts and government regulations. These barriers can create a monopoly or near-monopoly status, making it difficult for…
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The Power of Branding in Business
FFB-Post 12 In our last post, we discussed various business advantages. Today, we’ll focus on one of the most powerful: branding. What Comes to Mind When You Think Of… This is the power of branding. Iconic Brands and Their Impact Why Branding Matters Branding provides a significant advantage, especially during market downturns. Companies with strong…
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Business 7: The Impact of Thoughtful Leadership
In the last post, we discussed how the prosperity of a leader ensures the prosperity of the workforce and how even a leaderless company can thrive if its employees are prosperous. Today, we delve into a critical aspect of leadership: humility. It is better to have no leader than to have a leader who lacks…
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Business 6: The Ripple Effect of Prosperity
In the last post, we discussed how prosperity can be gained. The prosperity of the CEO, founder, or director (the ruling authority) ensures the prosperity of people working in the company. For if a leader is prosperous, nature also helps in his/her prosperity. Even a rulerless company works well if its people are prosperous. That…
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Business 5: The Power of True Knowledge in Leadership
In the last post, we discussed how serving elders can help gain true knowledge. True knowledge helps those in power to discharge their duties more efficiently. The CEO or directors who understand their functions or duties well can govern better because they can control their activities judiciously. Consequently, they achieve prosperity. Those who control their…
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Business 4: The Wisdom of Serving Elders
The root of humility is in the service of the seniors—elderly or old persons. When one renders honest service to elders, one learns the worth of humility. By serving the old people (or elders), one gains true knowledge. Consider the story of Walmart founder Sam Walton. Even as Walmart grew into a retail giant, Walton…
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Business 2: The Pillar of Financial Health
In the last post, we talked about dharma. The root of dharma is finance. A good financial health ensures the proper discharge of duties in a company. The company’s welfare is rooted in good finance. Take the example of Apple Inc. Under the leadership of Tim Cook, Apple has maintained an exceptionally strong financial position.…
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Business 1: The Role of Dharma in Corporate Success
Righteous conduct is the root of happiness. The company and its CEO/board of directors must know their dharma (proper duty) since all its functions bring happiness when done according to proper knowledge of dharma. Consider the story of Satya Nadella, the CEO of Microsoft. When he took over the reins in 2014, Microsoft was seen…
