Out-of-step protection is a critical component of modern power system protection schemes—its importance has grown ...

The revenue-maximizing price is the cost at which a business will make the most revenue for a given item. In order to find the price that will maximize revenue, a business must either experiment with ...

Hosting on Airbnb can be a real path to extra income and greater financial freedom. Many new hosts hope it will work as passive income, but in reality, maximizing Airbnb income takes consistent effort ...

Maximizing customer satisfaction makes an important contribution to maximizing profitability, although other factors such as cost control, productivity and marketing strategy also impact the bottom ...

In 2006, Jeffrey Pfeffer and Robert I. Sutton noted in their 2006 Harvard Business Review article the emergence of evidence-based medicine and suggested that practice of management too could profit ...

Millions of Americans are suffering from an overwhelming dose of apathy and underachievement. Particularly in a time when leading companies are aggressively seeking confident young adults to transform ...

Last week on Forbes, I wrote “Why Business Owners Should Never Let Ego Stand In The Way Of Profits,” which focused on the importance of business owners not losing sight of what’s best for their ...

When a company focuses on maximizing shareholder value, it’s actively working to increase the wealth of its shareholders. This could mean boosting profits, increasing dividends or driving up the stock ...

There are many ways to be a minimalist. And each kind can add a lot of value to your life. You can be a “stuff minimalist” and try to get by with less stuff. You can be an “open loop minimalist” and ...

Imagine you are going to a restaurant for lunch and you see a specials board outside. Their special of the day looks good to you. Do you head in and order it or do you ask to see the rest of the menu ...