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 intenti...

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 adve...

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. Col...

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. T...

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...

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...

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 pr...

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 t...

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 significant...

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 wh...

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 kno...

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 ...

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 pressurizi...

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 consideri...

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 Unive...