Telemedicine, or telehealth, companies allow people to see doctors and other medical professionals remotely via phone, video call, and computer. With the COVID-19 pandemic driving increased demand for healthcare and promoting a policy of social distancing, telemedicine services are rapidly expanding. When Congress recently passed $8.3 billion in emergency funding to fight the COVID-19 pandemic,…
What Is Seigniorage? Seigniorage is the difference between the face value of money, such as a $10 bill or a quarter coin, and the cost to produce it. In other words, the cost of producing a currency within a given economy or country is lower than the actual exchange value, which generally accrues to governments…
Amazon to deliver home-testing coronavirus kits Grocery delivery expands as Americans are shut-in AMZN shares are outperforming the S&P500 through downturn As American cities are shut-in amid the coronavirus pandemic, Amazon.com has made its services indispensable across its multiple business channels. Prime shoppers are ordering household essentials, groceries, TV shows and movies and more at…
Video games used to operate like big-budget films. The games underwent years of development with rigorous testing and debugging before the final product was released. Then the industry was revolutionized by the concept of online connectivity. Additions such as downloadable content (DLC) proved to be instrumental in getting gamers to pay for products after the…
Social media has served up massive terabytes of useful information and commentary during the virus outbreak, offering a lifeline to millions of anxious users. It’s also the biggest test of the digital venue since the World Wide Web came online in the 1990s because it’s the first pandemic that can be tracked and discussed in…
Different corporate governance models have become increasingly scrutinized and analyzed as globalization takes hold in world markets. It has also become increasingly clear that corporate environments and structures can vary in substantive ways, even when business objectives are generally universal. Three dominant models exist in contemporary corporations: the Anglo-US model, the German model, and the…
Companies that sell consumer packaged goods (CPGs) are traditionally high-margin, high-volume businesses. They produce goods primarily in the consumer staples category, with streamlined production facilities that can take advantage of economies of scale and lower overall costs of goods sold (COGS). The consumer packaged goods industry is highly competitive due to higher barriers to entry…
What Is Corporate Sponsorship? A corporate sponsorship is a form of marketing in which a company pays for the right to be associated with a project or program. A common template for corporate sponsorships entails a collaboration between a nonprofit organization and a sponsor corporation, in which the latter funds a project or program managed…
What Is Goal Seeking? Goal seeking is the process of finding the correct input value when only the output is known. The function of goal seeking can be built into different kinds of computer software programs like Microsoft Excel. Key Takeaways Goal seeking is finding the correct input when only the output is known. This…