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  • Recession

    A business operates within the larger framework of the external environment, a set of complex, rapidly changing and significant interacting forces that affect the organization's ability to serve its customers. External forces are not controlled by...
  • Corporate Web Protests Hurt Customers

    I was conducting research on the Web Wednesday, January 18 and found that I could not use some of the most popular sites on the Web. The corporations (Wikipedia, Google, and others) were protesting proposed anti-piracy bills -- the Stop Online Piracy...
  • Trade-offs on Minimum Wage

    The current federal minimum wage is $7.25 per hour, but in his State of the Union address, President Obama proposed an increase to $10.10 per hour. The Congressional Budget Office (CBO) reported, "Increasing the minimum wage would have two principal...
  • Management Tags

    Placeholder for Management tags.
  • Managers Use GDP

    Managers are interested in the economy. So, they look at the gross domestic product (GDP), which is the broadest gauge of economic output. The United States Bureau of Economic Analysis (BEA) reports on GDP. The bureau defines real gross domestic product...
  • Independence Day is Big Business

    Happy 4th of July! Independence Day is big business. Many Americans will buy an American flag, patriotic apparel such as a t-shirt or hat, and patriotic decorations. They will cook out or barbecue and watch fireworks. But, most of the 4th of July products...