It has been so nice to see people happy with their Black Friday- shopping carrying their purchases with a smile. But, is a happy & satisfied customer really what any merchant should be after? You are happy with what you bought. No question about it. What will you buy gain the...
We will start this brief introduction with a definition of customer loyalty, what it entails and some factors that sustains customer loyalty in organizations. Internet (and business literature in general) is full of definitions of Customer Loyalty – and they are all similar. For us, Customer Loyalty is the Likehood...
The busiest time of year for retail businesses is here with us. Increased numbers are expected to flock to our shopping centres for various reasons: to purchase items, to window-shop, to accompany friends or family - or perhaps to get a feel of the excitement the season brings. Whatever...
If you must go to China, for the first time, as I did, then joining the First Lady, Mrs. Rebecca Akufo-Addo, on her first trip to the country, accompanied by the first virtually all female business delegation, from micro to medium to multinational companies - representing swathes of the...
Political campaigns are high intensity, exceedingly volatile and potentially combustible events. Every campaign expects to run a smooth operation with little or probably no drawbacks. However as a human institution that hardly happens. Well managed campaigns must be prepared for both high and low points and prepare adequately. While some...
Finance Minister Ken Ofori Atta seems be the beating heart of the 'new Ghanaian economy'. He went to parliament and presented a ‘boastful budget’, saying the economy is working. Ofori Atta said on the floor of parliament: “We have turned the economy around and our policies are yielding results and...
Many financial institutions that act like banks are not supervised like banks If it looks like a duck, quacks like a duck, and acts like a duck, then it is a duck—or so the saying goes. But what about an institution that looks like a bank and acts like a...
What is a corporate social responsibility strategy? A corporate social responsibility strategy takes into account customer, employee, shareholder, community, and environmental issues in their business operations. The most effective initiatives lie at the intersection of key societal matters and financial growth. Why is it important to be socially responsible? It’s important for...
In our preceding article of the series on bonds, we looked at what bonds are, characteristics of bonds and the various types of bonds. Our focus in this article will be on bond pricing and bond yields. Bond pricing It is very important for every bond investor to know the price...
When Pablo Escobar held sway in Colombia as the eminence grise of the cocaine trade, he would apparently offer anyone who stood in his way.  'Silver or lead - take a bribe or take a bullet'.  A compelling business proposition, to anyone, then or now, presented with these hypnotic...