Topic: Business (Page 3)

You are looking at all articles with the topic "Business". We found 85 matches.

Hint: To view all topics, click here. Too see the most popular topics, click here instead.

πŸ”— The Fixed Price of Coca-Cola from 1886 to 1959

πŸ”— United States πŸ”— Business πŸ”— Marketing & Advertising πŸ”— Food and drink πŸ”— Food and drink/Beverages

Between 1886 and 1959, the price of a 6.5-oz glass or bottle of Coca-Cola was set at five cents, or one nickel, and remained fixed with very little local fluctuation. The Coca-Cola Company was able to maintain this price for several reasons, including bottling contracts the company signed in 1899, advertising, vending machine technology, and a relatively low rate of inflation. The fact that the price of the drink was able to remain the same for over seventy years is especially significant considering the events that occurred during that period, including the founding of Pepsi, World War I, Prohibition, changing taxes, a caffeine and caramel shortage, World War II, and the company's desire to raise its prices. Much of the research on this subject comes from "The Real Thing": Nominal Price Rigidity of the Nickel Coke, 1886–1959, a 2004 paper by economists Daniel Levy and Andrew Young.

Discussed on

πŸ”— American Letter Mail Company

πŸ”— United States πŸ”— Companies πŸ”— Business πŸ”— Philately

The American Letter Mail Company was started by Lysander Spooner in 1844, competing with the presumed legal monopoly of the United States Post Office (USPO, now the USPS).

Discussed on

πŸ”— Company town

πŸ”— Business πŸ”— Urban studies and planning πŸ”— Cities

A company town is a place where practically all stores and housing are owned by the one company that is also the main employer. Company towns are often planned with a suite of amenities such as stores, houses of worship, schools, markets and recreation facilities. They are usually bigger than a model village ("model" in the sense of an ideal to be emulated).

Some company towns have had high ideals, but many have been regarded as controlling and/or exploitative. Others developed more or less in unplanned fashion, such as Summit Hill, Pennsylvania, United States, one of the oldest, which began as an LC&N Co. mining camp and mine site nine miles (14.5 km) from the nearest outside road.

Discussed on

πŸ”— Founder's Syndrome

πŸ”— Business

Founder's syndrome (also founderitis) is the difficulty faced by organizations where one or more founders maintain disproportionate power and influence following the effective initial establishment of the project, leading to a wide range of problems for the organization. The passion and charisma of the founder(s), sources of the initial creativity and productivity of the organization, become limiting or destructive factors. The syndrome occurs in both non-profit and for-profit organizations. It may simply limit further growth and success of the project, or it may lead to bitter factionalism and divisions as the scale of demands made on the organization increases, or it may result in outright failure. There are ways in which a founder or organization can respond and grow beyond this situation.

Discussed on

πŸ”— Zhou Qunfei

πŸ”— Biography πŸ”— China πŸ”— Business πŸ”— Women

Zhou Qunfei (Chinese: ε‘¨ηΎ€ι£ž; born 1970) is a Chinese entrepreneur who founded the major touchscreen maker Lens Technology. After the public listing of her company on the Shenzhen ChiNext market in March 2015, her net worth reached US$10 billion, making her the richest woman in China. In 2018, she was named the world's richest self-made woman, with a net worth of $9.8 billion.

Discussed on

πŸ”— Continuous Partial Attention

πŸ”— Business πŸ”— Psychology πŸ”— Education

Linda Stone, a tech writer and consultant, coined the term continuous partial attention in 1998 to describe a modern adaptive behavior of continuously dividing one's attention. Stone has clarified that continuous partial attention is not the same as multi-tasking. Where multi-tasking is driven by a conscious desire to be productive and efficient, CPA is an automatic process motivated only by "a desire to be a live node on the network" or by the willingness to connect and stay connected, scanning and optimizing opportunities, activities and contacts in an effort to not miss anything that is going on.

Continuous partial attention is not necessarily a dysfunctional state. However, it may lead to increased stress and decreased ability to focus and concentrate on the present moment, prohibiting reflection, contemplation, and thoughtful decision making. The constant connectedness that is associated with continuous partial attention may also affect relationships, lower productivity levels, and lead to over-stimulation and a lack of fulfillment.

Linda Stone's research has focused on examples in the United States though she has posited that, "We may not all find ourselves in the same attention era at the same time. We are likely to find ourselves experiencing a flow: attraction to an ideal, taking the expression of the ideal to an extreme and experiencing unintended and less than pleasant consequences, giving birth to and launching a new ideal while integrating the best of what came before."

Discussed on

πŸ”— Hofstadter's Law

πŸ”— Computing πŸ”— Systems πŸ”— Business πŸ”— Computing/Software πŸ”— Computing/Computer science πŸ”— Engineering πŸ”— Systems/Systems engineering

Hofstadter's law is a self-referential adage, coined by Douglas Hofstadter in his book GΓΆdel, Escher, Bach: An Eternal Golden Braid (1979) to describe the widely experienced difficulty of accurately estimating the time it will take to complete tasks of substantial complexity:

Hofstadter's Law: It always takes longer than you expect, even when you take into account Hofstadter's Law.

The law is often cited by programmers in discussions of techniques to improve productivity, such as The Mythical Man-Month or extreme programming.

Discussed on

πŸ”— Bullshit asymmetry principle

πŸ”— Philosophy πŸ”— Philosophy/Logic πŸ”— Business πŸ”— Marketing & Advertising πŸ”— Linguistics πŸ”— Philosophy/Philosophy of language πŸ”— Linguistics/Philosophy of language πŸ”— Etymology

Bullshit (also bullcrap) is a common English expletive which may be shortened to the euphemism bull or the initialism B.S. In British English, "bollocks" is a comparable expletive. It is mostly a slang term and a profanity which means "nonsense", especially as a rebuke in response to communication or actions viewed as deceptive, misleading, disingenuous, unfair or false. As with many expletives, the term can be used as an interjection, or as many other parts of speech, and can carry a wide variety of meanings. A person who communicates nonsense on a given subject may be referred to as a "bullshit artist".

In philosophy and psychology of cognition the term "bullshit" is sometimes used to specifically refer to statements produced without particular concern of truth, to distinguish from a deliberate, manipulative lie intended to subvert the truth.

While the word is generally used in a deprecatory sense, it may imply a measure of respect for language skills or frivolity, among various other benign usages. In philosophy, Harry Frankfurt, among others, analyzed the concept of bullshit as related to, but distinct from, lying.

As an exclamation, "Bullshit!" conveys a measure of dissatisfaction with something or someone, but this usage need not be a comment on the truth of the matter.

Discussed on

πŸ”— Why less competent may rate their own ability higher than more competent

πŸ”— Business πŸ”— Psychology πŸ”— Alternative Views πŸ”— Education

In the field of psychology, the Dunning–Kruger effect is a cognitive bias in which people assess their cognitive ability as greater than it is. It is related to the cognitive bias of illusory superiority and comes from the inability of people to recognize their lack of ability. Without the self-awareness of metacognition, people cannot objectively evaluate their competence or incompetence.

As described by social psychologists David Dunning and Justin Kruger, the cognitive bias of illusory superiority results from an internal illusion in people of low ability and from an external misperception in people of high ability; that is, "the miscalibration of the incompetent stems from an error about the self, whereas the miscalibration of the highly competent stems from an error about others."

Discussed on

πŸ”— Ishikawa diagram

πŸ”— Business πŸ”— Engineering

Ishikawa diagrams (also called fishbone diagrams, herringbone diagrams, cause-and-effect diagrams, or Fishikawa) are causal diagrams created by Kaoru Ishikawa that show the causes of a specific event.

Common uses of the Ishikawa diagram are product design and quality defect prevention to identify potential factors causing an overall effect. Each cause or reason for imperfection is a source of variation. Causes are usually grouped into major categories to identify and classify these sources of variation.

Discussed on