Celebration

In the book Nuts, the author talks about the importance of celebration. Running any business requires a lot of trust and great people. These are some reasons why an organization should celebrate and what is there for us. Celebration provides an opportunity for building relationships. Celebration gives us a sense of history.  Celebration is a …

market failures

In the book: in the service of the republic, the author talks about market failures.  Externalities Where an external situation defines/effects a group in positive or negative ways. A university resulting in making city hotbed of innovation falls in externality. A factory emitting noise and smoke making neighborhood sick becomes a negative externality. Asymmetric Information …