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How To Reduce Business Expenses

HR Digest

Use current business technologies. With the introduction of technologies in business administration, there is a great advantage to leverage on. The use of cloud computing can help to save hardware and operational cost. Not just about the cost reduction, it also gives the business a wider range of profit-making opportunity.

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The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs

Harvard Business Review

Higher carbon taxes would have a direct effect on encouraging households and firms to consume less fossil fuels and would accelerate directed research in green technologies such as electric vehicles, solar panels, and other forms of renewable power. The small market size would lead the company to not invest in baldness medication.

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Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

Over the past two decades, there have been many attempts to reform the electric utility market. But recent technological advances and new business models are now allowing nimble players to compete and provide consumers with cost-saving alternatives. Consider how Uber opened up the transportation market.

Energy 8
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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. So this measure may mislabel efficient companies as myopic. In essence, the measure labels firms with large share repurchase programs as myopic.

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Will Personalized Medicine Mean Higher Costs for Consumers?

Harvard Business Review

Consequently, if we want new medical innovations to be financially viable for the patients who need it most, health insurance markets need to be regulated to eliminate the perverse financial incentives that limit patients’ coverage. Insurance markets are failing to deliver. First, a little background. Insight Center.

Cost 8
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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

In many industries, the capital required to build an asset of minimum efficient scale is growing. For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex.

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Bringing the Power of Platforms to Health Care

Harvard Business Review

A network-based service can, in aggregate, take on administrative tasks like medical claim submission and posting and get continuously smarter and more efficient with feedback from the network. On any given day in America, 40% of hospital beds lie empty, their enormous fixed costs weighing heavily on the system.