So what is a business?
Hi Nic, what a cool parallel!
One question though:
In a heat engine, input heat generates exhaust and work.
But in a business, it's the cost that generates revenue and income.
Does this difference in causation make a difference when you use the thermodynamic integral formula to build a model for projecting earnings?
(Hope the question isn't dumb. I represent the readers who only hold a bachelor's degree.
Hi Nic, what a cool parallel!
One question though:
In a heat engine, input heat generates exhaust and work.
But in a business, it's the cost that generates revenue and income.
Does this difference in causation make a difference when you use the thermodynamic integral formula to build a model for projecting earnings?
(Hope the question isn't dumb. I represent the readers who only hold a bachelor's degree.