Many people aren't purely mercenary in their business dealings. They care about fairness -- and they should because doing so can maximize their profits. When people are fair minded, they don't need to waste time on elaborate negotiations or enter into complicated contracts to coordinate their marketing channel and maximize profitability, according to John Zhang and Jagmohan Raju, both Wharton marketing professors, and Tony Haitao Cui, a University of Minnesota marketing and logistics professor.
In the Game of Business, Playing Fair Can Actually Lead to Greater Profits
From http://knowledge.wharton.upenn.edu 1530 days ago
Made Hot by: on March 18, 2008 9:40 am
Who Voted for this Story
Editor's Picks
PinAlerts: Discover When One of Your Images Gets Pinned on Pinterest
5 Etiquette Tips to Follow in Business
Social Media Over Sharing Sucks and How To Fix It
How Hard Work Impacts the Entrepreneur’s Lifestyle [INFOGRAPHIC]
How to Use Green Marketing Effectively in Your Business
“Going mobile friendly is an important trend for any small business these...”
“I know what you mean. But it does take above average writing and...”
“I think personally that blogging is a very good marketing tool but still...”
“I knew podcast is still working...”
“Everyone is a geek nowadays....”











Comments
1523 days ago