Indigenous businesses are worth billions but we don't know enough about them
Indigenous businesses generate about A$16 billion a year in revenue and employ more than 116,000 people—almost as many as the massive Coles retail group.
Indigenous businesses generate about A$16 billion a year in revenue and employ more than 116,000 people—almost as many as the massive Coles retail group.
Social Sciences
Apr 17, 2024
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13
A recent study published in the Strategic Management Journal cautions startups against prioritizing early scaling, as it's positively associated with a higher rate of firm failure—especially for platform companies. Although ...
Economics & Business
Apr 16, 2024
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12
There has been a rise in the number of people diagnosed with "neurodivergence" in adulthood over the past decade. This trend has been noted both internationally and in New Zealand. But exact rates of diagnoses in this country ...
Social Sciences
Apr 15, 2024
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25
New research has given insight into the resilience and recovery of businesses in two South Australian regions following a major bushfire event and disruptions caused by the COVID-19 pandemic.
Economics & Business
Apr 15, 2024
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0
Short-term pain for long-term gain: That might be one way to describe the results of new research from the Alberta School of Business on the impact of diversity and inclusion (D&I) practices on business firms.
Economics & Business
Apr 11, 2024
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1
Plastics are ubiquitous in our world, and given that plastic waste can take thousands of years to break down, there's more of it to be found on Earth every single day. Worse yet is the fact that the stuff doesn't easily decompose—it ...
Environment
Apr 9, 2024
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5
Small loans can help people establish and expand their small businesses. A field study in Ghana has now revealed that men ask for and receive more money from microcredit companies than women. However, if women are better ...
Social Sciences
Apr 3, 2024
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1
New research suggests animals can thrive in human-dominated environments by being expert judges of risk. Alexis Breen from the Max Planck Institute for Evolutionary Anthropology in Leipzig, and Dominik Deffner from the Max ...
Plants & Animals
Apr 2, 2024
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260
Most independent businesses can shoulder the added costs of higher minimum wages with new revenues, making only minor employment adjustments, according to new research from the University of Michigan and Carnegie Mellon University.
Economics & Business
Apr 2, 2024
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43
A pioneering study from the University of Florida has quantified corporations' exposure to climate change risks like hurricanes, wildfires, and climate-related regulations and the extent to which climate risks are priced ...
Social Sciences
Apr 2, 2024
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2
A business (also called a firm or an enterprise) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk. Notable exceptions include cooperative enterprises and state-owned enterprises. Socialist systems involve either government agencies, public ownership, state-ownership or direct worker ownership of enterprises and assets that would be run as businesses in a capitalist economy. The distinction between these institutions and a business is that socialist institutions often have alternative or additional goals aside from maximizing or turning a profit.
The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage (above) to mean a particular company or corporation, the generalized usage to refer to a particular market sector, such as "the music business" and compound forms such as agribusiness, or the broadest meaning to include all activity by the community of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of debate.
Business Studies, the study of the management of individuals to maintain collective productivity to accomplish particular creative and productive goals (usually to generate profit), is taught as an academic subject in many schools.
This text uses material from Wikipedia, licensed under CC BY-SA