In economics, production and marketing are not separate concepts. Production responds to customers’ needs and marketing is the expression of those needs inside the firm. The entire customer-facing …
The True Story Of Capitalism.
Many people today are skeptical about capitalism. Suspicious of it. In some cases, downright hostile. These people believe - or have been led by others to believe - that capitalism is bad for society …
203. Angie Morgan Witkowski: How To Win With Risk
The concept of risk provides us with an excellent opportunity to bridge between formal economic theory and personal business experience. Economics provides us with rigorous understanding of risk and …
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No businesses are “small”. They’re all productive nodes in a tightly connected knowledge-building value-creating network.
There are roughly 32 million businesses in the US, of which 99.9% are what the government calls “small”. This classification of business accounts for about half of GDP and of total employment (making …
202. Murray Sabrin: Financing Health Care
Entrepreneurial business solutions can lead to better outcomes in every economic endeavor. In the field of medical care, entrepreneurship has been hampered by non-market arrangements. There’s some …
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201. Trini Amador: How Gracianna Became The Most Awarded Winery
It’s the ambition of every entrepreneurial business to advance from a standing start to customer—recognized leadership in its chosen field. It’s achievable, even without breakthrough technology and …
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