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Mark Lorenzo

adicionou um novo artigo Financial Services
2023-02-13 15:15:43 -

Decisions with a budged constraint
Key points The budget constraint is the boundary of the opportunity set—all possible combinations of consumption that someone can afford given the prices of goods and the individual’s income. Opportunity cost measures cost in terms of what must be given up in exchange. Marginal analysis is the process of comparing the benefits...

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Mark Lorenzo

adicionou um novo artigo Financial Services
2023-04-19 19:48:00 -

Decisions within a budget constraint
Key points The budget constraint is the boundary of the opportunity set—all possible combinations of consumption that someone can afford given the prices of goods and the individual’s income. Opportunity cost measures cost in terms of what must be given up in exchange. Marginal analysis is the process of comparing the benefits and...

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Mark Lorenzo

adicionou um novo artigo Financial Services
2023-07-12 20:28:58 -

Decisions within a budget constraint
Key points The budget constraint is the boundary of the opportunity set—all possible combinations of consumption that someone can afford given the prices of goods and the individual’s income. Opportunity cost measures cost in terms of what must be given up in exchange. Marginal analysis is the process of comparing the benefits and...

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Mark Lorenzo

adicionou um novo artigo Financial Services
2023-02-21 15:16:17 -

How perfectly competitive firms make output decisions
Key points As a perfectly competitive firm produces a greater quantity of output, its total revenue steadily increases at a constant rate determined by the given market price. Profits will be highest—or losses will be smallest—for a perfectly competitive firm at the quantity of output where total revenues exceed total costs by the greatest amount, or where total...

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Mark Lorenzo

adicionou um novo artigo Financial Services
2023-04-26 17:47:49 -

How perfectly competitive firms make output decisions
Key points As a perfectly competitive firm produces a greater quantity of output, its total revenue steadily increases at a constant rate determined by the given market price. Profits will be highest—or losses will be smallest—for a perfectly competitive firm at the quantity of output where total revenues exceed total costs by the greatest amount, or where total...

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Mark Lorenzo

adicionou um novo artigo Financial Services
2023-07-19 22:25:39 -

How perfectly competitive firms make output decisions
Key points As a perfectly competitive firm produces a greater quantity of output, its total revenue steadily increases at a constant rate determined by the given market price. Profits will be highest—or losses will be smallest—for a perfectly competitive firm at the quantity of output where total revenues exceed total costs by the greatest amount, or where total...

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Dacey Rankins

adicionou um novo artigo Business
2025-05-09 15:02:26 -

What Are the Most Critical Decisions You Make as a Leader?
Leadership is not just about holding a title or managing people—it’s about making decisions that shape the direction of an organization, team, or community. These decisions can have long-lasting impacts and often define a leader’s legacy. The most critical decisions a leader makes are not necessarily the most visible ones, but those that align the organization’s vision,...

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Dacey Rankins

adicionou um novo artigo Business
2025-05-13 16:36:00 -

What Are the Most Critical Decisions You Make as a Manager?
As a manager, your role comes with a wide range of responsibilities—but not all decisions carry equal weight. The most critical decisions you make help define team direction, influence organizational culture, and directly impact business outcomes. These decisions not only shape how your team functions but also highlight your leadership style, priorities, and ability to navigate...

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Dacey Rankins

adicionou um novo artigo Business
2025-07-11 19:58:46 -

What Key Decisions Need to Be Made—And by Whom? Clarifying Governance, Approval Processes, and Roles
Clear decision-making is a cornerstone of successful project management. Knowing what decisions need to be made, when they must be made, and who is responsible for making them eliminates confusion, accelerates progress, and ensures accountability. Defining governance structures and approval processes early in the project prevents delays, miscommunication, and scope creep. Why Decision-Making...

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Dacey Rankins

adicionou um novo artigo Business
2025-03-10 17:12:38 -

Actionable Metrics vs. Vanity Metrics: Understanding the Difference
In today's data-driven world, businesses rely on metrics to measure performance and make informed decisions. However, not all metrics are equally valuable. Some provide meaningful insights that drive growth, while others simply look impressive without contributing to actual success. These two categories are known as actionable metrics and vanity metrics. Understanding the difference between...

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Dacey Rankins

adicionou um novo artigo Business
2025-03-10 17:19:15 -

How Can I Create a Culture of Experimentation in My Organization?
In today’s fast-paced business world, organizations that embrace experimentation and learning are more likely to innovate and succeed. A culture of experimentation allows teams to test new ideas, learn from failures, and continuously improve. By fostering an environment where testing and learning from failures are encouraged, and by implementing processes that support rapid...

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Dacey Rankins

adicionou um novo artigo Business
2025-03-11 15:36:35 -

How can Lean Startup principles be applied in established companies?
The Lean Startup methodology, popularized by Eric Ries, is often associated with new ventures and tech startups. However, its principles—rapid experimentation, iterative development, and validated learning—are equally valuable for established companies looking to maintain relevance and drive innovation. 1. Embracing a Culture of Continuous Innovation Large companies can become...

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Dacey Rankins

adicionou um novo artigo Business
2024-12-26 13:43:36 -

How Often Should a Business Strategy Be Reviewed or Updated?
In today’s fast-paced and constantly evolving business environment, it’s essential for companies to keep their business strategy relevant and adaptable. However, many business leaders often struggle with the question of how often they should review or update their strategies. The answer is not one-size-fits-all; the frequency of strategic reviews depends on several factors,...

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Dacey Rankins

adicionou um novo artigo Business
2025-02-12 15:16:34 -

What are the Benefits of Being a Solopreneur?
The rise of the digital age has given birth to a new generation of business owners—solopreneurs. A solopreneur is someone who operates their business solo, without the need for partners or employees. They are responsible for every aspect of their venture, from product creation to marketing, sales, and customer service. While this can be challenging, there are significant rewards for those...

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