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 ...

While shareholders are the literal owners of corporations, there is occasionally tension between shareholders and the company they own. In other words, the best interests of the shareholders are not ...

Maximizing profits in your business should be one of your primary goals. However, knowing precisely how to achieve this goal can be challenging. The truth is that there is no one perfect formula for ...

When a company focuses on maximizing shareholder value, it’s actively working to increase the wealth of its shareholders. This could mean boosting profits, increasing dividends or driving up the stock ...

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 ...

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 ...

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 ...