Categories
Interviews

Why consulting?

You will be more likely to succeed if you can clearly articulate why you are getting into the consulting industry BEFORE applying for interviews, one question that you will want to ask yourself is “why consulting?” Relevance of the question The question is important for at least two reasons: You will be asked this question […]

Categories
Economics

Barriers to Entry

You may want to launch a new product, start a new business or enter a new market. What’s stopping you? BARRIERS to entry are costs that must be paid by a new entrant but not by firms already in the industry.  Barriers to entry have the effect of making a market less contestable and allow […]