Tonye . What is a broker? There are many different types of brokers, each with their own regulations. Here are some examples. Who is broker answer in one sentence? A broker is a professional who helps people buy and sell securities. What is an example of an online broker? An online broker is a broker that … Read more
A “category killer” is a type of business that completely dominates a particular market or product category. The term is often used in retailing, where a category killer is a store that offers such a wide selection of merchandise in a particular category that it “kills” the competition. For example, in the United States, Walmart … Read more
The sunk cost fallacy is the belief that one should continue investing in a project as long as they have already invested a large amount of money into it, regardless of whether or not it is rational to do so. This fallacy is often seen in business, where companies will continue to pour money into … Read more
