Embezzlement cases are on the rise in the United States. In 2011, the FBI pursued 726 cases of corporate fraud, up 10 percent from the previous year. Embezzlement and fraud cases do not only occur at Fortune 500 companies. Those are the ones that make headlines, but these…

Just how prevalent is insourcing in the United States? Very. For years, the trend in American companies has been outsource, outsource, outsource. Companies have been taking advantage of the cheaper labor in other countries like China, Japan, or Mexico for decades. And what was the rationale used by…

Within every business structure are managers. No matter the type of business, a manager’s job is essentially the same across the board but there are four functions of management to consider regardless of the leadership style. In short, those four functions are to plan and implement plans to…

For the most part, mechanistic organization is applied to most all business structures but is predominant in manufacturing while organic organization is best applied to businesses that apply a more open business structure such as online business platforms. MECHANISTIC ORGANIZATION DEFINITION: According to Black’s Law Dictionary mechanistic organization…

When communication flows from the lower levels of a hierarchy; this is known as upward communication. Information to be dispersed is no longer required to follow a specific chain of command in order to reach its intended party. Traditional methods of communication relied solely on a middle man…

Is there an oligopoly in the beer market? An oligopoly occurs in a business when there are only a small number of major players in an industry. Like a board-game-inspiring monopoly, an oligopoly usually spells bad news for the consumer – and can land a company in legal…

The American workforce now has the most individuals over the age of 65 since 1970. This can be attributed to the stock market drop of 2001 and the recession the country is now climbing out of. These successive hits to the economy affected many pensions and retirement funds…

“Integrated operations” is a term that gets thrown around a lot in the oil and gas industry, but it can be useful whether you’re pumping oil or programming software. The term describes companies that combine two or more operations or divisions to create one cohesive unit. The idea…

New York recently signed into law a bill that will create “New Benefit Corporations” or companies that are not only responsible for maximizing profits but also maximizing social and environmental good. New York is now the seventh state to enact such legislation. The law hearkens back to the…

We’ve all heard the statistics about how small businesses account for the lion’s share (99.7 percent) of employer firms in the United States. The idea that small businesses will save America’s listless economy is bandied about by television pundits and politicians from both sides of the political divide,…