A spider diagram is a visual way of organizing information in which concepts are laid out as two-dimensional branches from an overriding concept and supporting details are added to the individual branches. Spider diagrams get their name because the branches from the main concept resemble the legs of a spider.Know More
Spider diagrams may be more or less elaborate, utilizing color, pictures and different typefaces to present different levels of information and their relative importance. Some spider diagrams contain many interconnecting branches, while others use extensive subheadings confined to four or fewer main branches.
Spider diagrams may be used as outlines for written compositions, as a way of organizing study notes for classes, or to brainstorm new ideas. Since the information on a spider map is displayed in a nonlinear way, finding pertinent details is faster than reading through the contents of a list.Learn more in Marketing & Sales
A marketing information system is a system that gathers and evaluates marketing information from internal and external stakeholders. The information is used for making business decisions about products and services.Full Answer >
To successfully conduct market research, define your objective, determine your form of research, prepare your research instrument, collect data, and analyze the information. Compress the data to make it easy to present.Full Answer >
An infographic is a visual way to convey large amounts of data and text, according to Entrepreneur magazine. Because infographics are visual, readers can absorb much of the information at a glance. Infographics can be used to illustrate the results of a survey or poll, to show sales declines or growths, to compare issues or products and much more.Full Answer >
The value of mercantilism in Western Europe from the 16th through 18th centuries includes advancing a monetary system based on gold and silver currency and engaging in trade with nations further away. The rise of mercantilism in Europe marked a shift from an agricultural economy, to an economy based on trade and production of consumer goods. Nations engaging in mercantilism sought reduction of imports and instead promoted production of goods and services internally, stimulating national economies.Full Answer >