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While economists and analysts make Herculean efforts to forecast economic changes, history has shown that these exercises are prone to significant errors. Economic models, though advanced, often fail to anticipate the magnitude, duration, or even the onset of a...
Regarding an article we published last year discussing the impact of rising electricity bills for high-consumption customers due to the government's decision to subsidize the bills of lower-consumption clients (see the article at this link), the National Energy...
In the past year, many companies have faced a dilemma: demand has returned to pre-pandemic levels, supply chain issues are behind us, and machinery has been maintained. However, productivity remains stagnant at 20%, 30%, or even 50% less than in the pre-pandemic...
What Do Marks on Stones Have to Do with Business Decisions? From 1831 to 1993, British surveyors used carved symbols in stone, like the one in the photo, to mark topographical heights and distances across the country. These reference points, known as "benchmarks,"...
Continuing with cash management publications, this article exemplifies how matching the duration of financial investments with their uses allows Apple to maximize returns without the need to invest in higher-risk instruments. Why did Apple accumulate over $200 billion...
As internal functions, back-office tasks, whether payroll processing or purchase order issuance, face no competition: without a market, there’s no way to prove if they’re competitive or not. Outsourcing is only applicable under certain conditions and mainly for large...