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If your company exports products or participates in international trade, compliance with governing regulations is critical. Notwithstanding the reasons for regulation (i.e., national security, balance of trade, multinational agreements, etc.), lapses in compliance rigor can result in extremely costly fines and penalties; costs that require bottom-line dollars to replace. In terms of compliance,...
Ever been paralyzed by too many options in the cereal aisle? We want choices, but the more choices we have, the longer it takes us to process these choices. You can spend a ridiculously long time selecting a breakfast item, which is not a critical life decision. Hick’s Law explains this experience. The more stimuli (or choices) a person faces, the longer it takes to make a decision.Grocery...
Earth Day is a day that brings together leaders, organizations, and citizens from around the world to raise public awareness of creating a healthier and more sustainable environment. The theme for this year’s Earth Day is “Restore our Earth”—aimed at encouraging scientists, government agencies, and businesses to find ways to restore the world’s ecosystems, forests, and wildlife populations,...
