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Alanis Business Academy is devoted to providing universal access to a quality business education. In addition to accessing hundreds of lectures through YouTube, listeners can learn a variety of business concepts directly on their mobile device. Studying for an exam, or perhaps looking to learn something new? The Alanis Business Academy Podcast, hosted by Matthew Alanis, will explore some of the well known--and lesser known--areas of business.
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Part of being a successful entrepreneur is learning to identify opportunities. Whether it's a pain that we feel personally, or one that affects others, all successful businesses satisfy an unmet need or want. In today's episode I welcome Bryan Feil, Executive Director of Neighborhood Industries, a Fresno nonprofit committed to economic development.…
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Do our initial investments doom us to continuing supporting bad decisions? Learn about the power that sunk costs, or costs that have already been incurred and thus can't be recovered, and how sunk costs influence our decisions. Specifically, we'll talk about the effect that draft order in the NBA has on the playing time and survival of basketball p…
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Why do athletes pursue individual performance over teamwork? Why are physicians willing to incur Type I errors over Type II errors? And why do financial incentives fail to build long-lasting commitment? Learn about the power of incentives, and why we reward one behavior, but secretly hope for another.…
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According to the International Data Corporation (IDC), we access Facebook about 14 times per day. Why has Facebook become such a prominent part of our lives? And can B.F. Skinner's "Skinner Box" experiments explain our infatuation and addiction to social media? In this episode from Alanis Business Academy, learn about the fixed and variable-ratio s…
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What does former first-round draft pick Greg Oden have to do with the sunk cost fallacy? Do decisions related to playing time and survival in the NBA have more to do with draft position than on-the-court performance? And why does our initial investment of time, effort, and money affect our decisions?…
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If you were told the words "do your best," what would happen? Would your performance improve? If so, by how much? Or would their be any improvement at all? The conventional wisdom is that "do your best" is a quick an easy method of increasing effort and ultimately performance. But does telling someone to do their best really impact performance? And…
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This is the final episode of a three part series about the external environment. If you haven't done so already, you may want to check out episodes 7 and 8, which include a discussion of the general business and specific business environments respectively. You can find these episodes on iTunes, Stitcher, TuneIn, and alanisbusinessacademy.com. Now t…
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This episode is the second of a three part series about the external environment. If you haven't done so already, you may want to check out Episode 7: Evaluating the External Environment, Part 1. You can find this episode on iTunes, Stitcher, TuneIn, and alanisbusinessacademy.com. As we discussed in our last episode, the general environment include…
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The environments that businesses operate in today are filled with uncertainty. Despite this, managers still attempt to anticipate changes in their environments so they can adapt accordingly. But where do managers look to identify these changes? To answer that question, we'll explore the general business environment.…
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