Whether a business is large or small, company heads set overall goals for the business and break these down into objectives. Management has to develop and implement plans to meet these objectives.

Most business owners and managers strive to produce the highest quality products at the lowest production costs. In business terms, "capacity" means the maximum amount of productivity possible.

AbstractThis research contributes to the debate concerning the nature of planning in complex systems, and particularly to the theory of teleocracy (the approach based on direct provisions aimed at ...

Luckily for financial advisors, abacuses and crank-operated calculators are technologies of the past. But while modernization has made math easier, it's also made the art of long-term financial ...

End-of-life planning is an important step to take to help you prepare for your future. What is end-of-life planning? End-of-life planning is the process of thinking about and documenting what you’d ...

A farm or ranch is much more likely to be passed from generation to generation than a non‐farm business. This makes succession critical to the economic viability of the ag business and the ...

This is the second of a two-part article on the federal estate tax. The first part, which was in the October issue of the JofA, discussed the unified federal estate and gift tax rules, the exemption ...