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This not only makes businesses easier to manage, but makes them more efficient as well.
It's well documented that corruption discourages investment, because it makes businesses uncertain about what it takes to get ahead; as one study put it, "Arbitrariness kills".
Deflation punishes borrowers by raising real interest rates, and makes businesses and consumers less willing to buy because they suspect that prices will fall in the future.
Their research tries to explain and codify what makes businesses succeed, and their teaching is about imparting this wisdom to MBA students.
The biggest sponsors did even better: the top 16, which spent on average $160m a year on sponsorship, saw net income grow by 22.1% annually.The authors do not claim that sponsorship makes businesses more profitable.
Stephen Bevan, managing director of the Work Foundation, says: "Half of all mental health absence is directly related to work which, understandably, makes businesses very nervous, since the causes are under their control.
Similar(37)
It makes business sense".
"It makes business a drama".
"It makes business tougher.
This often makes business decisions tortuous.
The strategy makes business sense.
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