Corporate social responsibility on hold when it comes to outrageous drug prices
Imagine you just went to your local pharmacy and were told that the cost of a life-saving drug was $22,500 for 30 tablets to treat AIDS or another infectious disease. Well, if you need the drug Daraprim, that is what you would have to pay. Turing Pharmaceuticals purchased the right to Darprim this past August Read More →
Crowdfunding great alternative to bank loan
The concept of “crowdfunding” was conceived in 2003 and has been gaining traction ever since. Essentially, it is an alternative way for companies and start-ups to raise money without going to a traditional bank. Money is raised through an Internet platform which allows companies, startups, entrepreneurs and various projects to seek monetary contributions from a Read More →
How to move customers to say ‘I do’
In today’s digital world, we are bombarded with brand promises, marketing messages, sales pitches and promotional offers at every turn. It is nearly impossible to siphon the constant stream of data that invades our space — whether it be at work, at home or at play. So what does it take to for us to Read More →
How to hire for company culture fit
“We look for employees who fit into our culture.” How often have you heard that phrase from hiring managers? How many times have you said that yourself? And when was the last time you were confident that you didn’t just rely on your gut feeling? Yes, exactly. Hiring is indeed a powerful way to build Read More →
Goodbye to Haggen grocery stores
Wikipedia states that strategic bankruptcy occurs when an otherwise solvent company makes use of the bankruptcy laws for a specific business purpose. An example of this was in 2002 when Kmart filed a Chapter 11 bankruptcy. Kmart had a severe cash flow problem because it was locked into long-term leases at premium rates with respect Read More →
