Business schools shape more than just business. iStock/Getty Images PlusBack in 1970, the economist Milton Friedman famously argued that businesses have a single responsibility: to increase profit. For decades, the so-called “Friedman doctrine” amounted to dogma in certain circles, including at many business schools.
With rising costs and drops in consumer spending, small businesses have been struggling lately.
Products tout 'mindfulness' in financial planning, but it's not always clear what that means. Oscar Wong/Moment via Getty ImagesMindfulness, the meditation practice that brings one’s attention to present experiences, is gaining traction in the business world.
Cineplex Inc. has been hit with a record $38.9 million fine for deceptive marketing practices, highlighting the financial consequences businesses may face for failing to manage sustainability issues in today’s business context.
A "Cancer Country" sign on a taxi parodies a famous Marlboro ad campaign.
Divisive political opinions are everywhere these days, but entrepreneurs might be wise to bite their tongues.
In a recent analysis of 19,898 Kickstarter campaigns, we found that budding businesses that expressed political views attracted less funding than ones that stayed apolitical.
Negotiations over reforms to the Reserve Bank of Australia this week took an unprecedented turn when the Greens demanded the government use its reserve powers to immediately cut interest rates.
Labor had initially hoped to pass the reforms with the support of the Coalition. However, after a year of negotiations, they decided against it. Labor’s attempts to salvage the reforms by negotiating with the Greens now seem doomed to failure.
PeopleImages.com - Yuri A/ShutterstockNeuroticism is one of the Big Five personality traits, characterised by a tendency to experience negative emotions like anxiety, fear, and frustration. Individuals with high levels of neuroticism are often more sensitive to stress and more likely to react negatively to challenges.
shutterstock niksdope/ShutterstockWetherspoons has unveiled its latest venture at London’s Waterloo Station – a vast new pub called The Lion & The Unicorn.
ArtZiq_TRG/ShutterstockTupperware is one of the few iconic brands with which nearly every Australian has come into contact at some stage.
Some, like me, will have grown up watching their mums host “Tupperware parties” for their friends on the weekend. Others used the unmistakably colourful containers to carry their lunches to work or produce microwave meals of marvel.
