When looking at energy prices, look at both the price increase and how long it’s been that high. A prolonged price increase causes profit charts to look very red as they continue to hurt businesses (and by extension, their customers). This is called the “area under the curve” and it describes how long energy prices have stayed above the baseline. If it becomes bigger than expected—meaning the price hike has lingered longer than expected—then financial analysts and business owners should adjust the baseline energy price and reanalyse from there. Read full article here
Economics
Show off that you’re a small company
This article shows that size matters when it comes to choosing products – but it matters in different ways. If your product is low-tech, people will judge it as higher quality if it’s from a small company. If your product is high-tech, people will judge it as higher quality if it’s from a big company. So, when it comes to marketing your product, consider how your company size fits with the type of product you’re offering. Read full article here
Merv
January 23, 2023
