Raw Materials Definition and Accounting.

Raw materials are defined as any materials or substances used in the manufacturing or production process of a finished good. Raw materials can be either natural or man-made, and are often categorized as either direct or indirect. Direct raw materials are those that are used in the production process without any further processing or refinement. … Read more

Michigan Leadership Studies.

The Michigan Leadership Studies is a research project that explores the relationship between leadership and organizational performance. The project is based at the University of Michigan’s Ross School of Business. The project’s aim is to develop a better understanding of how leadership affects organizational performance, and to identify the best practices for developing effective leaders. … Read more