The World's Best Book Summaries
What is the purpose of reporting to multiple managers? Why is this a helpful management structure? When someone reports to multiple managers, this has the benefit of increasing output since it can allow one person to focus on the technical aspects of the job, and another to focus on the general aspects. Read more about what it means to have one person report to multiple managers.
What is the ontological argument? Why is this argument flawed in proving God’s existence? The ontological argument says that since God is perfect, there can be no doubting God and his existence. Of course, this argument falls apart quickly if you don’t believe in God in the first place. Read more about the ontological argument and what it means.
What is the neighborhood effect? Why is government involved in lessening negative neighborhood effects? The neighborhood effect is when one person’s economic activity imposes a cost on another individual. There are both positive and negative neighborhood effects. Read more about the neighborhood effect and how it works.
What are manager expectations of employees? How should managers set and communicate expectations? Manager expectations of employees are an important part of your workplace and workflow. You need to have a system for setting expectations and communicating them to employees. Read more about how to set manager expectations of employees.
What are the different types of monopolies? How can you recognize these different types of monopolies? According to Milton Friedman, there are three types of monopolies: regulated, unregulated, and public. All of these types are harmful to economic development in different ways. Read more about the different types of monopolies and how they work.
What are the best quality control methods? How can you implement them in your organization? There are three main quality control methods that can help you maintain consistency in your organization. You’ll need to take all of these factors into account when thinking about how to control the behavior of people in your company. Read more about quality control methods and how they apply to your organization.
What is the arguments against creationism? What evidence shows that creationism is false? There are numerous arguments against creationism. In addition to well-documented scientific evidence in favor of evolution, Richard Dawkins also suggests that we evaluate the creationist argument on its own weaknesses. Keep reading to find out more about arguments against creationism.
What does Milton Friedman mean by “the social responsibility of business is to increase its profits?” How does this differ from other views of corporate social responsibility? Corporate social responsibility is the idea that as large corporations with a lot of money, companies have a duty to uplift their communities and society as a whole. In Capitalism and Freedom, Milton Friedman argues that the social responsibility of business is to increase its profits. Read more about Milton’s Friedman’s views and why the social responsibility of business is to increase its profits and nothing more.
Why is providing feedback to employees so important? How should you provide feedback? According to High Output Management, there are three types of ways of providing feedback to employees. You can use any of these types depending on the type of feedback and the employee. Read more about providing feedback to employees.
What is the relation between economic and political freedom? How does Milton Friedman explain this connection in his book Capitalism and Freedom? According to Milton Friedman, the relation between economic and political freedom is well established. In order for people to truly have freedom, they have to be able to live without restraints on their economic activities. Read more about the relation between economic and political freedom below.