KnowledgeWharton

Knowledge@Wharton is an online business analysis journal of the Wharton School at the University of Pennsylvania. Launched in 1999, Knowledge@Wharton has grown into a network of sites that includes a global edition in English and regional editions in Spanish, Portuguese, Simplified Chinese and Traditional Chinese, as well as a site for high school students and educators.

Coronavirus and Supply Chain Disruption: What Firms Can Learn

Mar 21, 2020

Long stretches of empty supermarket shelves and shortages of essential supplies are only the visible impacts to consumers of the global supply chain disruption caused by the COVID-19 pandemic. Unseen are the production stoppages in locations across China and other countries and the shortages of raw materials, sub-assemblies and finished...

Stock Shock: What Lies Ahead for Global Markets?

Mar 14, 2020

Uncertainties continue to multiply over the coronavirus outbreak. US investors saw stock values plunge nearly 20% in the past three weeks. Cases of COVID-19, the new coronavirus, are proliferating outside China. To add to the bedlam, during last weekend a price war broke out between Saudi Arabia and Russia, leading to a...

Is Elizabeth Warren’s Wealth Tax Proposal Too Optimistic?

Dec 22, 2019

An “ultra-millionaire tax” — or wealth tax — proposed by Democratic presidential primaries candidate Elizabeth Warren is likely to raise between $2.3 trillion and $2.7 trillion in additional revenue in 10 years from 2021 to 2030, according to a study by the Penn Wharton Budget Model (PWBM), a nonpartisan research initiative that analyzes...

Is Free Shipping Sustainable for Retailers?

Dec 14, 2019

Shoppers who ventured into stores on Black Friday, November 29, may have noticed significantly less frenzy than in previous years, when the traditional start of the holiday retail season made headlines for stampeding crowds racing in for doorbusters and desperate parents fighting over the last Tickle Me Elmo toy. To...

Can Uber Overcome Its Regulatory Obstacles?

Dec 07, 2019

Uber has lost its license to operate in London — one of its biggest markets globally – for the second time in two years. On November 25, Transport for London (TfL), the regulator of taxi and private hire services in the city, stated that it has “identified a pattern of failures by...

Why Disney Is Betting Big on Streaming

Nov 23, 2019

When Bob Iger was 23, his first boss at ABC told him he was “unpromotable.” “I wish he were alive just to see that he was wrong,” Iger, now chairman and CEO of The Walt Disney Company, told Wharton management Professor Adam Grant during a recent appearance as part of...

Workplace Romance: Did McDonald’s Make the Right Call?

Nov 09, 2019

The recent firing of McDonald’s chief executive Steve Easterbrook over a consensual relationship with an employee highlights the thorny issue of workplace romance in the #MeToo era, which has heralded a number of CEO resignations over inappropriate behavior that previously was condoned or overlooked. The company announced the dismissal on...

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