photo-lime/ShutterstockThis article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.
In economics, goods and services can be classified in different ways. You might be surprised to realise you already knew this, even without knowing their classification names.
Many offices make a point to celebrate diversity, but what does that look like when it comes to faith? FatCamera/E+ via Getty ImagesSince we spend so much of our lives at our jobs, it’s only natural that conversations with colleagues go beyond the work in front of us.
Hoping to win over customers, businesses from Amazon to Zoom have taken to touting their good deeds in corporate social responsibility reports.
When you’re a manager, delivering feedback can feel like walking a tightrope. Whether you’re praising an employee’s accomplishments or addressing a shortfall, how you communicate can have a big impact on how your words are received and acted upon.
Gorodenkoff/ShutterstockListening to music can enhance our lives in all kinds of ways – many of us use it during exercise, to regulate our mood, or in the workplace.
But can listening to background music while you work really make you more productive?
It’s a controversial topic. Some people swear by it, others find it painfully distracting. The research agrees there’s no one-size-fits-all answer to this question.
Stokkete/ShutterstockNearly everybody has emailed the wrong thing to the wrong person at the wrong time. It’s a leveller in modern workplaces. The consequences of errors may be immense or trivial, but not much can change that now. The error was your doing: you underperformed, messed up, failed to do the job, or perhaps you were caught lying.
If you’re offered a free cookie, you might say yes. But if you’re paid to eat a free cookie, would your response be the same?
In our new research, twice as many people were willing to eat a cookie when they weren’t offered payment compared with when they were.
From a purely economic perspective, our findings reflect irrational decision making. Objectively, a cookie plus money is better than just a cookie.
Uniformed members of Trail Life USA present the colors at the Family Research Council's 2018 Values Voter Summit.
Islamic finance allows Muslim families to purchase homes on interest-free mortgages. faidzzainal/E+ collections via Getty imagesThe growth of “halal mortgages” over the past 20 years has expanded financial access to homeownership for many Muslims.
