A Better Course

“I love my wife and my five sons and their five wives. Wait a second. Let me clarify that. They each have one.” – Mitt Romney campaigning in New Hampshire, ABCNews.com, November 10th

(tags: politics america theeconomist)

Italy’s luxury goods firms, often still family owned and run, have started to seek outside investment to fund international expansion and cash in on booming demand for designer goods in new markets like Asia.

(tags: luxury italy business reuters)

In companies that have rejected detailed budgets, business units set goals based on benchmarks eg, return on capital. They measure KPIs such as profits, cash flows, customer satisfaction and quality. KPIs fulfill the self-regulatory functions of budgets.

(tags: businessweek management marketing analytics)