Competition is an essential component of economic systems based in free-market capitalism. For starters, it generally arises when two or more parties seek to reach […]
Author Archives: Rachelle Samson
Causes of the 2007-2008 Financial Crisis
The 2007-2008 Financial Crisis was a global financial crisis that started in the United States and affected countries with exposures to the American financial system, […]
Supply-Side Economics: Advantages and Disadvantages
According to the macroeconomic theory called supply-side economics, an effective way to grow the economy is by lowering taxes and decreasing government regulation. These two […]
Arguments and Evidence Against Trickle-Down Economics
Several economists and politicians have argued that taxes on businesses organizations and wealthy individuals should be reduced to encourage them to invest in the short […]
Major Theories of Motivation
Researchers in the field of psychology, as well as in the areas of leadership and management, have explored and explained the reasons behind the motivations […]
Path-Goal Theory of Leadership Effectiveness
The Path-Goal Theory of Leadership Effectiveness or simply, the Path-Goal Theory and Path-Goal Model is a leadership theory that states that the behavior of a […]
Johnson: Five I Format of Ethical Decision-Making
In his book “Organizational Ethics: A Practical Approach,” professor of leadership studies Craig E. Johnson presented a five-step model for making decisions. Based on other […]
Paine Manager’s Compass for decision-making
Lynn S. Paine, a business professor at Harvard Business School, developed and presented a model for decision-making. Originally called the “Manager’s Compass,” and sometimes generally […]
The Business Strategy of Zara
Amancio Ortega is one of the wealthiest people in the world. Understanding how he has become a billionaire requires an understanding of the business strategy […]
Key Elements in the Marketing Strategy of McDonald’s
One of the critical features in the business strategy of McDonald’s is a marketing strategy that puts emphasis on maintaining prominence in the global market. […]