Featured Article

Trump’s Tariffs

By Tim J. Smith, PhD March 12, 2025

Trump initiated tariffs with major U.S. trading partners on 1 February, then retracted them on 3 February. Executives across the North American continent expressed uncertainty regarding their preparedness for the possible supply chain and economic shocks. For executives at manufacturing and distribution companies with supply chains that stretch across borders, pricing decisions must be made at a highly accelerated pace to manage the economic shocks associated with new tariffs. Today, more than…

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In This Issue

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Optimal Sales & Marketing Expenditures

By Tim J. Smith, PhD June 8, 2005

Is there an optimal level of expenditures in sales and marketing? A simple mathematical model of a business reveals that there is…

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Macroeconomics and Entrepreneurship in 2005

By Tim J. Smith, PhD May 11, 2005

There are many paradigms through which people measure the level of entrepreneurship. One paradigm examines entrepreneurship as the event that occurs when…

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12 Pieces of Advice for Erstwhile Entrepreneurs

By James T. Berger May 11, 2005

As I think back to my 22 years as an entrepreneur, I have come up with a dozen important pieces of advice…

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How I Became an Entrepreneur

By James T. Berger May 11, 2005

Entrepreneurs in some ways resemble great leaders. Some are born entrepreneurs. Some become or evolve into entrepreneurs, and some have entrepreneurship thrust…

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