Archive for April, 2008

Teaching Math in Business School

Teaching Math at Wharton
A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price. What is his profit? Please create six different financial scenarios with notes.
Teaching Math at Columbia
A logger sells a truckload of lumber for $100. His cost of production is 4/5 of the price, or $80. [...]

Build Brainstorming into Your Daily Routine

Do you ever face a mental blank at the drawing board? If so, it might be time to explore new ways to come up with creative ideas. After all, today’s entrepreneur is under attack not only from domestic competitors but from foreign ones as well. And what’s the best competitive weapon in a rapidly commoditizing [...]