Economic measures of income have ignored large areas of human well-being and are poor measures of well-being in the areas to which they attend. Despite increased recognition of those distortions, ‘GNP per capita continues to be regarded as the quintessential indicator of a country’s living...

This paper deals with three questions: (1) What are ‘subjective’ measures? (2) What is ‘well-being’? and (3) Are subjective measures of well-being of use for policymaking, in particular in developing nations? The first question is answered by making a distinction between two kinds of...

A Strategy map is a visual interpretation of business´ tasks and the successive steps needed to accomplish these goals. This article is dealing with the fact that the use of the Strategy map is usually connected only with a big company. The aim is to show that small companies could use this...

We will insist in our analysis on the managerial situation of the four types of firms defined by dimensional characteristics - micro, small, medium and large - working in almost all sectors: industries, trade, transport, agriculture, services, so on. Analysis of managerial viability refers to...

Risk management refers to balancing risk and earnings, generally those who run businesses naturally assume the risk because they get in that position as a result of past successes. The challenge for managers is the intelligent risk-taking. Running a successful business means taking advantage of...