Principles and examples of logical management in marketing & business (ENGL/NL mix)

"Analogy" is a useful logical tool. It is a comparison or correspondence between two things. In business strategy, analogies are for instance used to compare your company with another one, often a successful one in its industry (Carroll & Sørensen, 2024; Levitt, 2025). The objective is to identify the elements, or premises, that both companies have...

A common practice is to present consumers with multiple options that offer different levels of quality and price. Sometimes a "decoy" option (even almost never sold) is included, whose sole purpose is to give customers an incentive to buy the alternative that is most lucrative for the company. For example, an extreme option (better than best) is...

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