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ASU embraces a high acceptance rate, admitting 86 percent of applicants, compared to Harvard’s 5 percent. Far from “lowering their standards,” Crow and Dabars see this as a fulfillment of their mission to provide a quality, affordable education to more people. The high acceptance rate is a starting point for ASU, not a backwards reflection of their... See more

Your physical location will serve as a showroom for your website and your website will serve as a showroom for your retail store

Thanks to new tools and technologies, we are nearing the point at which the costs of carrying out a transaction through the market are getting so low that firms are less necessary.

Pinduoduo’s model was simple: buy everyday items and receive discounts of up to 90% by completing in-app actions or inviting friends to buy them as well. Prices were set by suppliers, and a user's very first purchase was almost always subsidized at a discount by PDD. Subsequent purchases could be made at the full-price, or discounted with a team or... See more