Small-business ownership can be a challenging and rewarding journey. From keeping track of finances and operations to overseeing employees and making critical decisions, the demands on a ...

The revenue-maximizing price is the cost at which a business will make the most revenue for a given item. In order to find the price that will maximize revenue, a business must either experiment with ...

Have you ever known someone who was always very stressed, but somehow not really that successful? How about the opposite? Have you ever known anyone who was very successful, but manage to stay ...

Millions of Americans are suffering from an overwhelming dose of apathy and underachievement. Particularly in a time when leading companies are aggressively seeking confident young adults to transform ...

In 2006, Jeffrey Pfeffer and Robert I. Sutton noted in their 2006 Harvard Business Review article the emergence of evidence-based medicine and suggested that practice of management too could profit ...

Most of us in the Information Technology world are busy people. We are certainly in the age of push technology overload and minimizing wasteful work at personal, professional and corporate level is a ...

Customer lifetime value (CLV or CLTV) is the most underappreciated B2C metric. "Underappreciated, you say? We measure customer lifetime value, and it's really important to us!" Sure it's a common ...

It is well documented that maximizers are less happy with their product-choices than are satisficers, but would this mean that maximizers use their products less? The authors conducted two studies and ...

Imagine you are going to a restaurant for lunch and you see a specials board outside. Their special of the day looks good to you. Do you head in and order it or do you ask to see the rest of the menu ...