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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

In November, United States’ crude oil production exceeded 10 million barrels per day for the first time since 1970, according to the US Energy Information Administration (EIA). These increasingly efficient survivors now represent half of U.S. oil production, up from a mere 10% just seven years ago in 2011.

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The Comprehensive Business Case for Sustainability

Harvard Business

Disruptions in the supply chain may affect production processes that depend on unpriced natural capital assets such as biodiversity, groundwater, clean air, and climate. These unpriced natural capital costs are generally internalized until events like floods or droughts cause disruption to production processes or commodity price fluctuation.

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Economies of Scope - Tom Spencer consulting blog

Tom Spencer

by Tom Spencer on November 14, 2011 · 0 comments  ·  Image Source. Economies of scope exist where a firm can produce two products at a lower per unit cost than would be possible if it produced only the one. For example, SMEs currently account for more than 99% of businesses in Europe ( Economist Intelligence Unit 2011 ).

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