Google has a massive market share which is reflective of it’s huge influence on society. Therefore, naturally, many people have questioned whether Google has been abusing it’s power over the Internet and exploiting Google search engine users for it’s own benefit since it has the potential to quite easily do so. Recently, the European Commission accused Google of breaching antitrust laws (more on this later) which resulted in a large fine for the company. But, this fine was nothing more than a tiny fraction of Google’s total net worth… Nevertheless, it is a step towards taming these large companies and ensuring that they act in order to protect the interests of their consumers.
Today has been a day full of travel for me so I’ve had the time to listen to a few different podcasts which have given me some ideas for blog posts – fantastic! The first concept which really struck me and which I hadn’t thought much of in the past was the fact that the activity of sending emails may not be as productive as we think it is. A lot of people complain about their lack of availability due to the mass of emails they feel the need to filter through and respond to; however, does reading and sending emails really count as a constructive task? Maybe not.
This is a post, by Yibo Wang, which is all about consumer behaviour and how entrepreneurs can understand this behaviour in order to succeed. The post contains very understandable and useful information, especially for both newbies in the subject – in fact, Yibo’s blog is full of wisdom and is definitely worth following so please check it out! Thanks in advance – Guntash.
I thought I’d shed some light on a phrase which seems to have become a buzzword recently: ‘net neutrality’. It’s quite a controversial concept which certain people favour and certain people disapprove of. However, I think that everyone who has access to the Internet (which I know you definitely have) should have a stance on the issue; or at least awareness of what it is.
This is another essay, written a couple of months ago, which I’ve decided to recycle into this blog. It’s about the effects of economic inequality, other than the fact that it can cause poverty in a country. I’d say that it’s definitely understandable for people who know nothing about economics – and I use some diagrams which is useful if you prefer to process information visually. In addition, there’s quite a long list of references at the end if you want to look deeper into the topic. I know that I haven’t been writing a lot of ‘new’ posts recently, but don’t be disappointed, it’ll only take you a couple of minutes to read and I promise that it’s worth it.
I’m sure you’ve heard of the word ‘brand’ before; to me, it seems essentially impossible to escape the term. From TV commercials to posters on the bus, advertising for brands occurs everywhere I look! What’s more, there are specific brands which exist for certain types of activities, or particular categories of people; in fact, brands surround us in every walk of life, whichever route we choose to take. Most importantly, they can influence our decisions to buy goods and services by creating mental frameworks in consumer’s minds which they carry around every time they shop.
I was actually looking to write a post concerning the issue addressed in this post, but now I don’t feel the need to do so as this post explains it perfectly! I would highly recommend reading it as I find this topic utterly fascinating.
Why do countries face “The resource curse phenomenon” and how can countries having large natural resource reserves can break the curse to benefit from the natural resources?
Countries such as Venezuela, Nigeria and the Democratic Republic of Congo have some of the largest natural resource deposits in the world, and yet their economy suffers tremendously when compared with countries having fewer or very little natural resources.
The phenomenon baffled researchers when countries such as Korea, Taiwan, Singapore, Hong Kong and other extremely resource poor nations emerged as world star players, while nations such as Venezuela suffered. 97 developing nations were studied over a 20 year period and the results would amaze you. The more natural resources they had and exported, the lower was their economic growth. Countries with less or no natural resources surprisingly grew the fastest. How is this possible?
During the 18th century, Germany, Britain and the…
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