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Leonard Pokrovski

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2024-08-03 21:45:09 -

CLUSTER APPROACH IN ECONOMICS: THEORETICAL FOUNDATIONS AND PRACTICE OF APPLICATION
CLUSTER APPROACH IN ECONOMICS: THEORETICAL FOUNDATIONS AND PRACTICE OF APPLICATION Even though the world of sports is captured in the realm of competition, it goes beyond the pursuit of victory. The "cluster approach" has become the cornerstone of the concept in the field of economic development, aimed at stimulating innovation, increasing competitiveness and stimulating growth at the...

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Dacey Rankins

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2025-03-06 20:32:11 -

How Do Late-Stage Startups Approach Exit Strategies?
Late-stage startups face a critical decision regarding their exit strategy, as it determines the future of the company, its investors, and its employees. The three most common exit strategies for late-stage startups are acquisition, initial public offering (IPO), and merger. Each path comes with its own set of challenges, benefits, and strategic considerations. Acquisition: Selling to a Larger...

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Dacey Rankins

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2025-05-01 16:31:45 -

How Do Startup CEOs Approach Company Culture and Values?
In the fast-paced world of startups, building products and scaling growth often take center stage. However, startup CEOs increasingly recognize that company culture and core values are not soft, secondary concerns—they are foundational to long-term success. From recruiting top talent to retaining teams and staying mission-aligned, culture drives performance, trust, and resilience. 1....

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Dacey Rankins

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2025-05-24 15:40:45 -

How Can I Find a Suitable Mentor?
Finding the right mentor can be a transformative step in your personal and professional journey. A good mentor not only offers guidance and support but also challenges you to grow beyond your comfort zone. However, the process of identifying and connecting with a suitable mentor requires clarity, strategy, and initiative. 1. Identify Individuals Whose Experience Aligns with Your Goals Start...

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Mark Lorenzo

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2023-03-16 20:30:06 -

The building blocks of Keynesian analysis
Key points Keynesian economics is based on two main ideas. First, aggregate demand is more likely than aggregate supply to be the primary cause of a short-run economic event like a recession. Second, wages and prices can be sticky, and so, in an economic downturn, unemployment can result. The coordination argument states that downward wage and price flexibility...

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Mark Lorenzo

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2023-03-17 20:08:51 -

The Phillips curve in the Keynesian perspective
Key points A Phillips curve shows the tradeoff between unemployment and inflation in an economy. Keynesian macroeconomics argues that the solution to a recession is expansionary fiscal policy that shifts the aggregate demand curve to the right. The other side of Keynesian policy occurs when the economy is operating above potential GDP. In this situation, unemployment is...

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