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 ...

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 ...

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 ...

Traders work on the floor of the New York Stock Exchange (NYSE) in New York on May 27, 2016. Traders work on the floor of the New York Stock Exchange (NYSE) in New York on May 27, 2016.Michael ...

The Economist recently declared maximizing shareholder value to be “the biggest idea in business.” It may well be the biggest idea, but it’s also “the error ...

When it comes to making decisions, I’m not what you’d call a numbers guy. Statistics rarely drive me. Feelings, intuition, and gut instinct do. Of course, a hard look at the numbers can influence my ...

Maximizing corporate profit, as an idea, seems straightforward, simple and obvious. In terms of basic managerial policy, however, it's anything but. Maximizing corporate profits, at first blush, seems ...

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 ...

There are many ways to be a minimalist. And each kind can add a lot of value to your life. You can be a “stuff minimalist” and try to get by with less stuff. You can be an “open loop minimalist” and ...