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.
| Date: | 3/22/2009 |
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