by admin | Sep 5, 2024 | business and economy
An innovative study reveals how US tariffs on Chinese goods have disproportionately affected low-income American households, challenging the effectiveness of protectionist trade policies. Research from an international team of scholars, Professors Mingzhi Xu at Peking University, Hong Ma at Tsinghua University, Jingxin Ning at UIBE, and Luca Macedoni at Aarhus University, provides compelling evidence for the benefits of free trade and the often-overlooked costs of trade barriers.
by admin | Aug 29, 2024 | business and economy
Inventory management is a key activity in many organizations. Its performance is often measured by the inventory turnover ratio metric, or ITR for short. This is a key performance indicator that managers are incentivised to improve. However, improper measurement of the ITR metric can cause problems in terms of reliability, comparison, and bias. Professor Benjamin Melamed of Rutgers University has proposed novel formulations of Little’s Law. The traditional Little’s Law is used an as approximation of real-life measurement, whereas Melamed’s versions are exact and robust.
by admin | Aug 12, 2024 | arts and humanities, business and economy
The European Parliament has the ability to play a key role in shaping the European Union’s international agreements. But how exactly does it get involved in these complex negotiations? Researcher Marine Bardou from the University of Louvain has conducted a comprehensive study to answer this question, revealing surprising patterns in the Parliament’s activities.
by admin | Aug 1, 2024 | business and economy, social and behavioural sciences
Corporate responsibility is increasingly crucial for businesses, but it comes with challenges. Using Hershey as an example, Professor Bertrand Guillotin of the Fox School of Business at Temple University explores the chocolate industry’s struggle with child labor in West Africa. Despite commitments to eradicate this issue, progress has been slow. He examines the changing governance landscape, evolving consumer expectations, and the impact of ethical concerns on business operations.
by admin | Aug 1, 2024 | business and economy, social and behavioural sciences
What is the impact of the ‘culture wars’ on American businesses? Professor Bertrand Guillotin at the Fox School of Business at Temple University explores this phenomenon using the case of Chick-fil-A, a fast-food giant caught in the crossfire of social issues. From its conservative Christian roots to recent attempts at inclusivity, he explores how CEO Andrew Cathy has so far navigated this complex landscape. Examining strategies other companies use to manage their stance in today’s polarized climate, he highlights the challenges of balancing corporate values with social values.
by admin | Jul 24, 2024 | business and economy
Whether policymaking can develop solutions for the inevitable problems that capitalism creates has long been a concern of political economists. One of these issues is rising inequality across the USA and other countries. Inequality is a significant risk for political stability, so it is vital to understand how democratic societies respond to it. Progressive taxation policies, which tax the rich at higher rates, can help to equalize incomes and wealth. Despite this, over the last four decades while inequality has increased, successive US governments have introduced falling tax rates for top earners. Why is this?
