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When there is a recession, companies react in different ways. Some ignore it for as long as possible, hoping that it is a temporary phase that will go away soon. Firms that adopt a "business as usual" approach are the worst sufferers in case the economic downturn continues for any length of ...
Offshoring vs. Outsourcing
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Every great business starts with a "perfect" idea. In the fast moving, dog-eat-dog world of corporate business, however, ideas are stolen, duplicated and imitated as soon as they are conceived. If you have that million dollar idea, how can you go about protecting it while still attracting the ...
Communism vs. Socialism
More often than not, in media and in conversation the concepts of Communism and Socialism are used interchangeably to refer to the essentially the same economic/political philosophy. In reality these are two different philosophies that while having some similarities also have some very stark ...
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