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2 yr. ago

  • A Master of Business Administration (MBA; also Master in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management.

    You seek to write-off in one stroke what has been built-upon over many centuries and siphoned into scientific disciplines. You suffer from Dunning-Kruger.

  • I’m not saying that you need every employee to make a company run. There is a lot of waste. I’m just trying to help you understand how CEO’s work. The don’t necessarily keep their job either. The board can remove then if they aren’t making the company money. Sure, I’d like to get paid more than my quarter million or so. It really isn’t enough, but I’m working my ass off to get to the top of my ladder. It’s not necessarily the CEO at my current company, but it could be close to it somewhere else. You just don’t want to play the game. If you want a good listen, my favorite albums of all times are The Kinks - Preservation: Act 1&2. It’s a great social commentary on workers rights and getting manipulated for profit. The answer is somewhere in the middle where commerce is regulated appropriately, but not by throwing the baby out with the bath water and eating the rich. If you go too far social left, you end up in the territory of a restrictive regime. It’s confusing how that works. There are plenty of terrible governments in history that swung the socialist banner.

  • Yeah. That’s really bad. It sounds like it was grounding out or something equally terrible. The device probably had something capable of moderating the draw, but it was basically like electricity was escaping places it should not have been going.

  • Are you saying that it won’t keep from tripping unless something is plugged into it and turned on or that it trips under any circumstance that something draws power from it. Have you been able to confirm all the junctions in the circuit? Sounds like something is terribly miswired or the GFCI and/or breaker is bad. I wouldn’t use it until you get it corrected.

  • I am an MBA and agree that buybacks are fine. The problem is toxic anti-capitalism from my perspective. People are not really educated well on these topics. I find your comment funny that an army of accountants come to explain things and help everyone understand the nuances and why this is needed, but all the experts are somehow shills.

  • As an MBA, I will simply state that you all do not understand capitalism. A CEO is kind of like a sports star. They make what they make because they are making all the hard shots and keeping the team afloat. They are like the captain and coach of the team in one. It takes many years to curate the skills required to be a good CEO and there are only so many people good enough in each industry to take on the challenge. 21M is modest compared to Ford’s profits. If they provided less, he would simply move to a competitor in the same way that sports stars shop around. The idea that everyone in the company should have their salaries compared in terms of orders of magnitude of the CEO is insane. It’s like attempting to say that the janitor at a doctor’s office should have to make tens of thousands above the going rate of what a janitor’s output is worth on the open market simply because the star of the business is able to bring in a lot of money. In general, the idea that the CEO doesn’t work as hard as the line workers is incorrect. They CEO meets all day with direct reports and investors and steers the ship.

  • To be clear, the chip uses crushed powder from two super spicy chilies and contain no extract. It is still 5 times less than what is considered the lethal limit. I doubt it would be legal to sell anything at the lethal limit because it would be considered a poison. If 1 in a billion dies from a dose of something, the lethal limit doesn’t change. They are an outlier.

  • I wonder if the verbiage is that way as well. I think that a requirement for warnings on super spicy food have never been codified into law. Certain challenges make you sign a waiver, but that is just because restaurants don’t want a customer attempting to claim that the restaurant is somehow liable for ambulance costs if someone feels too uncomfortable. Since the inception of the country, there has never been a need to regulate spicy food. The FDA exists and has not made guidelines that limit access to spicy products. If they did, there would be very large protests. It would be an issue for many different cultures, which allow their children to eat spicy from infancy upwards. I remember my first hot pepper. Spicy food is part of many ethnic identities. You can’t just throw up the gauntlet because one kid has died in the thousands of years that spicy has been a thing. That kid had some other issues at play. The chip hurts, but it doesn’t kill. The fact that he felt better later on and then lost consciousness screams that this uncovered something else that could have been triggered under many other circumstances, but the chip provided the lynch pin stress.

  • It means that LLM are good enough now to write show scripts. Only the best writers will get paid in the future. Computers are automating many people out of their roles. They will need to learn to adapt to the job market changes. I am not opposed to a UBI and VAT. Unions are disruptive though and cause people who want to work to not be able to. They have their own internal politics and corruption and essentially force people to pay an overhead cost to enter an industry via dues. If you want unions to exist, then they should be bound by a set of rules as well. Negotiations can't stall for months. Shows are just going to start to be written by their producers and really have the writers breaking the picket line, but remaining incognito ghost writers.