The World's Best Book Summaries
How does the American education system work? Is a government-run education system effective? In his book Capitalism and Freedom, Milton Freidman answers “how does the American education system work” through a capitalist lens. He argues that having government-funded and government-run schools take away choices and competition for students and parents. Keep reading to answer the question “how does the American education system work?”
Do you want to know how to conduct a performance appraisal? What’s the best method for performance reviews? A difficult part of being a manager is learning how to conduct a performance appraisal. By following the steps in Andrew Grove’s High Output Management, you can conduct appraisals that are helpful and effective. Keep reading to find out how to conduct a performance appraisal.
What is a public monopoly? Are public monopolies bad for the economy? A public monopoly can occur when the government directly produces goods for sale. A true public monopoly is uncommon in the U.S., but it can occur when government exerts control over the private sector. Read more about the public monopoly and how they affect the economy.
What is The Straight Line Persuasion System from Jordan Belfort’s Way of the Wolf? How did Belfort develop the straight line system? The Straight Line Persuasion System can be used to sell products that benefit both the seller and the buyer. It was originally used in a nefarious way before Belfort turned it into a successful money-maker and a force for good. Read on to learn more about the Straight Line Persuasion System.
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 caused the Permian mass extinction? How long did it last and how many species did it eliminate? The Permian mass extinction was the most devastating of the Big Five mass extinction events in the history of life on earth, eliminating 96% of the species. Scientists attribute it to the sudden warming of the climate as a result of the increased concentration of carbon in the air. Read about the Permian mass extinction, its causes and effects on the animal kingdom.
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 most common sales objections? How can you overcome these sales objections and turn a prospect into a paying customer? The most common sales objections fall into two categories: bad timing, and the need to check with someone else. The most common sales objections are all just smokescreens for other issues. This article will explain step-by-step how to overcome the most common sales objections using methods from Way of the Wolf.