Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The buzz surrounding generative artificial intelligence (GenAI) has become inescapable, ...

Perfect competition is a theoretical model with many buyers and sellers offering identical products. In this model, firms cannot influence prices and make zero long-term profit due to free entry and ...

Achieving and sustaining a competitive advantage is essential for success and long-term viability. A competitive advantage is what sets an organization apart from its competitors, allowing it to ...

The energy market has fierce critics and supporters, but new legislation could have a big impact on how much residents pay for power. Mike De Socio is a CNET contributor who writes about energy, ...