Who Gets the Money: Girl Scouts Cookies

Why bother buying Girl Scouts cookies? Aside from being delicious, Girl Scouts cookies can teach us a lot about non-profits and how cookie sales work. Who would have guessed that a troop from Eastern Oklahoma all the way back in 1917 could have created a legacy that would become synonymous with “doing the right thing”…

The NCAA and its Indentured Athletes

Imagine that you’ve been offered a job at Company X. This job is based on the fulfillment of a contract, which we’ll get to in a bit. Company X is a multibillion dollar, not-for-profit organization, but instead of offering you a salary they exempt you from paying a scholarship fee at one of the hundreds…

Dieselgate, Two Years on, Volkswagen Still in Trouble

On September 18, 2015 the U.S Environmental Protection Agency (EPA) found and reported that the Volkswagen Auto Group was in violation of the Clean Air Act that went into effect in 1963. The world’s largest automotive manufacturer includes the brands of Audi, Volkswagen, Bentley, Lamborghini, Bugatti, Porsche, and six more brands. Over the course of…

Economies of Scale(s)

Oh, hello there! Welcome to Timos’s Silver Scale Shop! We are a specialty boutique that crafts silver balance scales for judges, and…umm…people who like to balance things the good old-fashioned way! While being a boutique manufacturer has been great, it’s not nearly as lucrative as it sounds (and it doesn’t sound all that lucrative). That’s…

How 17 Million Cars Make it to the Consumer Every Year

Since the “Great Recession” in 2008 when the US congress voted to bail out the automotive industry,  $79.7 billion in total, the U.S. automotive industry has experienced a resounding comeback. In 2015 the big three (Ford, General Motors, and Chrysler) broke their all-time record for sales, Selling a total of 17.5 million units which surpassed…