Thoughts on corporate life, business, acquisitions, politics, current affairs, life generally...
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Ecommentator » Thoughts on corporate life, business, acquisitions, politics, current affairs, life generally… Ecommentator | buscom.wordpress.com Reviews
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Thoughts on corporate life, business, acquisitions, politics, current affairs, life generally...
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Is the airline industry an example of excessive competition? «Ecommentator Ecommentator
https://buscom.wordpress.com/2007/06/08/is-the-airline-industry-an-example-of-excessive-competition
Is the airline industry an example of excessive competition? Friday, Jun 8 2007. Economics divide businesses into oligopolies, monopolies or those in perfectly competitive markets. Theory doesn’t address excessive competition markets so competitive that nobody makes any money. More than 200 defunct airlines, including such notables as PanAm (1927-1991), Braniff (several existences) and TWA which lasted from 1930 until being acquired by American Airlines in 2001. Clearly there is excessive competition in ...
Resistance to Science «Ecommentator Ecommentator
https://buscom.wordpress.com/2007/05/31/resistance-to-science
Thursday, May 31 2007. I posted a few days ago about people finding it hard to accept scientific results, preferring instead to rely on politicians and preachers. Here is a splendid example. I am moved to create a new category. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public). You are commenting using your WordPress.com account. ( Log Out. You are commenting using your Twitter account. ( Log Out.
What decides who gets that top job? «Ecommentator Ecommentator
https://buscom.wordpress.com/2007/05/31/what-decides-who-gets-that-top-job
What decides who gets that top job? Thursday, May 31 2007. Leaders really consider when they make these decisions? On occasion a leader will use a top position to silence a potential critic. After a bruising battle for the leadership, typical in large companies, the loser often gets a substantial consolation prize. This appointment keeps him or her at least ostensibly loyal to the new leader and shuts down the election campaign. Appointing a former opponent can also. It is always nice to have someone who...
The Creation Museum – the implications for the rest of us «Ecommentator Ecommentator
https://buscom.wordpress.com/2007/05/30/the-creation-museum-–-the-implications-for-the-rest-of-us
The Creation Museum the implications for the rest of us. Wednesday, May 30 2007. There has been much commentary about the Creation Museum, an institution which opened recently in southern Ohio, but little has been said about what this implies for economics, science, business and society at large. At one level it is all somewhat encouraging. Clearly a determined person can get almost any enterprise off the ground in this country. Be the case, their efforts will be entirely fruitless. Before going any furt...
The Changing Economics of Atheism «Ecommentator Ecommentator
https://buscom.wordpress.com/2007/06/06/the-changing-economics-of-atheism
The Changing Economics of Atheism. Wednesday, Jun 6 2007. The great advantage of an organized church is that it can develop and maintain a reliable income stream. Listen to any evangelical radio station or read the novels of Anthony Trollope and you quickly realize that money is the chief preoccupation of the church leaders. Finance gets a lot of time and attention in churches, managing it and to making sure it continues to flow in. Atheism has no such institutional advantages. Atheists are invisible....
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Ecommentator » Thoughts on corporate life, business, acquisitions, politics, current affairs, life generally… Ecommentator
Why companies should maximize profits…. Thursday, Oct 27 2011. Richard Murphy http:/ ow.ly/1fhNvz. Correctly points out that company directors have no explicit legal requirement to maximize profits. He implies that because of this company directors have no obligation or duty to do so and presumably should be concentrating on other objectives. I do not agree. An effort to maximizing profits seems to me to be essential for the survival of an economic enterprise. Almost all microeconomists would agree.
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