More than 100 of the 613 precepts of the Torah (the Five Books of Moses) deal with business ethics. This paper focuses on an overlooked precept: ensuring price stability. There is a tendency to trivialize the law mandating that prices be kept low and affordable. Indeed, very few people are aware...

In a segmented waiting-line system, customers are segmented into two groups: those who are willing to wait for service and those who are willing to pay a premium to avoid a long wait. The use of waiting line segmentation has been shown to result in increased profit for the company or...

The authors discuss why workforce diversity might be vital to ensure success in today’s knowledge economy. Firms that want fresh ideas, strong growth, a positive company image, fewer discrimination lawsuits, and the enhanced ability to hire qualified workers should be aggressive about...

Barack Obama enhanced the key attributes he possessed as a charismatic leader with the capabilities of new media in his successful bid for the presidency of the United States of America. Obama was an innovator in this regard, establishing clear goals and using the new media to deliver and...

The authors posit that one should not take a binary approach to business ethics because there are gradations. They propose that firms may be classified according to the following metric: Level I: The Totally Unethical Organization; Level II: The Legalistic Unethical Organization; Level III: The...

In the corporate world, with its global, competitive environment, many firms have become learning organizations in order to survive and thrive. Similarly, 21st century universities that succeed will be lean, flexible, and nimble; Peter Drucker once asserted that in the not-so-distant future...

People often act irrationally, and one example of this is bigotry. For instance, the claim that "all obese people are lazy" can be easily disproved with facts. We should aim to eradicate all kinds of prejudice, which are harmful and rooted in irrationality. It is not enough to focus on one type...