#TBT: Today’s Throwback Thursday looks back at Chase Bank and ahead to American Airlines to see how corporate logos have changed.…
Business
Formally called the theory of the firm, the business category focuses on ownership, production and competition. Our goal is to understand business behavior. For ownership, topics include the corporation and sole proprietorships. For production, the focus involves maximizing profits. With competition, topics relate to a continuum that spans the 4 basic market structures: perfect competition, monopolistic competition, oligopoly and monopoly.
How Uber Should Apologize for a Delay
Because a firm like Uber loses revenue from unhappy riders who had delayed arrivals, we could say we are looking at apology economics.…
The New Food Technology That Could Change What We Eat
Whether about cows or chicken nuggets, sometimes seemingly insignificant new food technology can have an unexpectedly massive impact.…
Are Wages Really Growing?
Although wage growth may be accelerating, a look at the U.S. and also at Amazon’s recent announcement reflects the disparities.…
The Reasons That Airlines Boost Fees Rather than Fares
When the rising price of fuel boosts airlines’ costs, they can buoy their bottom line by increasing optional and barely noticeable fees or raising fares.…
When Less Is More at Dunkin’ Donuts
When a firm like Dunkin’ Donuts does some rebranding with a name change, it is trying to send a new message to its customers…
(Mc)Wages Around the U.S.
Complementing the averages in U.S. jobs reports, we can see much more variety through the wage rates paid by thousands of McDonald’s around the country..…
Why It’s Not Easy to Design a New Animals Crackers Box
When Nabisco realized that it was time to change their Animals Crackers box, they had to recognize new sentiment while retaining an old brand.…
Why Urban Farmers Plant Their Crops in Garages
Using old containers from cargo ships, commercial urban farmers are growing hydroponic mini-lettuces and even strawberries in warehouses and garages.…
Upsetting Uber’s Economics
Legislation from the New York City Council will upset Uber economics when it limits the number of new ride-hailing vehicle licenses.…