As mentioned in Dr. Simons lecture, the marketing strategy include product, price, promotion, placement and participation. Participation marketing, the fifth P of marketing is created with the intention of drawing audiences. This type of marketing happens in online, offline, blogs,…   Read more»

According to me, Marketing is a way of promoting/selling a product or service. It is the way of presenting the product to the customers. Marketing methods include television commercials, magazine advertisements, internet marketing, printed marketing, viral marketing etc. Marketing is…   Read more»

Brand coloring is one of the important elements of brand identity. It is where first impression of customers are based. Basically the color has its effect on human’s mood, behavior and perception. Colors are more visual and hence it plays…   Read more»

Both sole proprietorship and partnership has its own advantages and disadvantages. But I prefer partnership would be efficient if both the partners have the same goal and objective over the company. The owners could share both profits and losses over…   Read more»

If someone/ group of people want to start a business, the answer is completely with them as it depends on the count of people willing to join, risk management factors and paying taxes. As mentioned by @Aniketb and @sybleb, Sole…   Read more»

Taxation is often considered as significant difference for small business owners when evaluating s corporations and c corporations. S corps are pass through tax-entities. The losses are passed through personal tax returns. But c corps are separately tax entities. The…   Read more»

Quality control, as a part of quality management should have better interactions with other departments. Quality check should be done at every level rather than at last. Quality control starts with process. Without good process, its impossible to achieve good…   Read more»

In short to say, quality assurance is the process of managing for quality; while quality control is used to verify the quality of the output. Quality assurance ensures that the techniques or methods that are designed for the product are…   Read more»

Form 483 is officially called as Notice of Inspectional Observations or simply “483”, which is issued by Food and Drug Administration at the conclusion of an inspection if some company had significantly  violated FDA regulations. Form 483 are discussed with…   Read more»

Combination products are a combination of two or more regulated components like drug-device, device-biologic, drug-device-biologic etc. It is a combination of drugs, biological products and devices which is sometimes, difficult to judge as which category it belongs to like CDRH,…   Read more»

Accuracy and precision are the two important factors while taking data measurements. Both reflect how close a measurement  is to an actual value, but accuracy reflects how close a measurement is a known or accepted value, while precision reflects how…   Read more»

Precision and accuracy are used interchangeably, but in science it has different meanings. Accuracy refers to closeness of the measured value to a standard or known value. But precision refers to the closeness of two or more measurements to each…   Read more»

In academia the research is done based on your interest or curiosity. It may be done taking time based on achieving satisfactory results. Most importantly there would be no higher officials pressurizing the researcher to complete the project. But in…   Read more»

Animal testing has its own pros and cons apart. In one way, doing animal testing is good rather than on human trials (which can’t be done legally) for development of scientific research. But considering the fact of sentient beings, animals…   Read more»

Working and conducting research in an academia is like a passion or a thrill of discovery or curiosity over interest as said by Dr. Simon. It’s like doing experiments and getting grants from the University out of own interest. The…   Read more»

The objective of project management is to comply with client’s objective. A project is a temporary endeavour to design a unique product and should meet the eligibility requirements and work for the outside world. The five phase of project management…   Read more»

I completely agree to everyone’s post here; a project objective must be achievable. For a project to be success, it should be measurable and contain a clear vision for all the team members. In order for the project to be…   Read more»

The obstacles could be of any form like miscommunication, poorly defined goals, insufficient team skills, scope creep etc. While working on a project, set the project objectives in a concerned manner and form a team where you could cooperate and…   Read more»

I think that practical and informational courses should be given 40:60 ratio rather providing very little weightage to practical courses. As practical course provides hands on training to those who work after study. Informational courses are more worthy for those…   Read more»

Its one of the exploring topics as I would suggest many students do BS as their undergrad and search for a job position for a entry level. Some may think that working few years and getting experienced and pursuing MS…   Read more»