Five Areas of Supply Chain Friction & How Field Service Management Tackles Them
By Kieran Notter , Director of Customer Transformation at ServiceMax. The pandemic, the Internet of Things, servitization reshaped the..
Business
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How Workers Get Their Wages
The term efficiency wages has been coined by Alfred Marshall in order to describe the lower rate of compensation that is paid to indiv..
Business
The Benefits of Commodities
Commodity currency is currency whose value derives from a tangible commodity of which it’s created. Commodity currency is compri..
Business
What Is Economic Profit?
An economic profit or income is the excess amount that a company has got from the outputs it has produced compared to the amount it ha..
Opinion
Profile: Partnership with Surecomp, leading provider of global trade finance to mutually represent solutions
Profile Software, an international financial solutions provider, announced today the partnership agreement with Surecomp the leading p..
Opinion
Monopoly Pricing – How Does Monopoly Pricing Cause Monopolistic Competition?
Monopoly competition is essentially a form of imperfect competition where there are so many different manufacturers competing against ..
Business
What Are Some Examples Of Products And Materials That Are Made From Raw Materials?
Intermediate goods are products, which are used as raw materials in the manufacturing of other products including finished goods. A ma..
Business
Structural Unemployment and Its Effects
Structural Unemployment is a type of involuntary unemployment caused due to a mismatch between the present skills of workers in a cert..
Business
What Are the Requirements and Limitations to Using Money Market Funds?
What are money market instruments? Money market instruments are specific financing instruments designed to increase the total financia..
Business
Economic Forecast
Economic forecasting is basically the method of developing forecasts for the overall economic system. Forecasts are generally develope..
Opinion