Focus groups are moderated discussions with selected individuals to gain insights on products or services.
External factors are elements outside a company that can influence its performance and strategies, such as market trends and regulations.
Peter Drucker was a writer, professor, management consultant, and self-described “social ecologist” who explored the way human beings organize themselves and interact. Drucker is best known for his innovative understanding or management and leadership.
A method used to solve problems by focusing on the cause of a problem rather than the problem statement.