Junior Achievement

Junior Achievement is dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. JA reaches over 8 million students a year in 339,000 classrooms and afterschool locations. JA programs are taught by volunteers throughout America and in more than 100 countries around the world. Learn more at ja.org.
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Michael Gerber

"My experience has shown me that the people who are exceptionally good in business aren’t so because of what they know but because of their insatiable need to know more." - Michael Gerber
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Social Computing

Social Computing describes a relatively new experience where technology puts power in communities, innovation occurs from the bottom-up and value is based on interactive experiences. Web sites such as Facebook, MySpace and LinkedIn typify social computing. Computer companies such as Microsoft and IBM have recently added dedicated social computing research groups.
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Oligopoly vs. Oligopsony

Oligopoly is the market condition that exists when there are few sellers, as a result of which they can greatly influence market factors. The retail gas market is an example. Oligopsony is the market condition that exists when there are few buyers, as a result of which they can greatly influence market factors. For example, the tobacco industry's hold on tobacco farmers.
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Mergers

There are four classes of business mergers. A horizontal merger involves firms from the same industry. A vertical merger involves those from the same supply chain. A circular merger involves those with similar distribution channels. A conglomerate merger involves firms with few or no similarities but that come together to create a larger economic base and greater profit potential.
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Corporations

A Corporation is the most common form of business class. It is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern. A corporation is an independent entity from the people who created it. Most corporations are registered with a local jurisdiction as either a stock corporation or a non-stock corporation.
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Management fads

The life-cycle of the typical management fad goes like this: formal introduction of a change initiative by management with fanfare and workshops, formation of committees, early adoption of the changes by staff, and the gradual disappearance of the initiative as management and staff lose interest, with a return to business as usual.
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