When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...

Given how much has changed it now seems like a blip from a distant era, but it was just a year ago this week when the Business Roundtable issued a much-ballyhooed statement that declared that ...

Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you reach that objective, however, will depend on many ...

The IMF paper by Nils H. Lehr and Pascual Restrepo argues that socially responsible AI firms should price their technologies ...

Avy Punwasee is a Partner at Revenue Management Labs. We help companies develop and execute pricing solutions to maximize profits. Cost-plus pricing has long been a standard method for setting product ...

I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

An important component of marketing strategy is to "position" a product in perceptual space. But to realize a perceptual position we must model the link from physical characteristics to perceptual ...

GRAND RAPIDS, Mich., April 24, 2025 /PRNewswire/ -- Cavallo, the leader in AI-powered Profit Maximization, today announced the integration of its Profit Max Platform with Infor, a global leader in ERP ...