Transforming Daily Life™News Releases
| Date: | 3/22/2009 |
| Contact: |
Review: Book covers real-world application of economic principles
Asheville Citizen-Times
Charles Koch's explanation for KII's success is the strategy he calls market-based management, or MBM. The basic premise is to apply the principles of a free and prosperous society at the level of a firm. There are several elements to MBM, but the basic keys are an understanding of how value is created and humility about the source and nature of knowledge.
Click here to view article in full