Posts Tagged economy

Keeping the business running when the economy declined

27 November 2011

Keeping the business running when the economy declinedA slowdown in the economy is bad news, but that’s not enough reason to close a deal. There are effective ways to keep your business running.

The warning from Alan Greenspan, Chairman of the U.S. Federal Reserve, last February on a decline in the U.S. economy over the coming months has raised questions for many businesses around the world. How long will this drop? How will the desire to buy customers? What steps can a company take to mitigate the impact of a decline in business?

While some businesses will struggle to survive in a depressed economy, many people will be better than ever, primarily because they have tried to dominate, but rarely used “reduction strategies.” That is the opinion of Jerry Buchs, an independent consultant and author of a report, “Strategies for Economic Decline: 16 Ways to Sell More Products and Services While Your experts decide whether we are in recession!”

“Recession, yes? Recession, right? Informed opinion seems convinced that we are now either in or headed toward one, “Buchs said. “While a decline may not last long, many businesses need to develop strategies that will help retain current customers and keep them buying. They also need to master marketing techniques that will make them win new customers or to replace any business that could be lost during a decline. ” (more…)

Why Referrals are key to recruitment

29 November 2010

Why Referrals are key to recruitmentReferences are key to any recruitment process; many people go to an interview process without knowing whether the interviewer has spoken with his former bosses, colleagues and subordinates.

With regard to his regime, in a recent interview has legitimized his brother Raul changes being introduced in the Cuban economy. With his assertion that “the Cuban model no longer works either for us,” the octogenarian Cuban leader has created a controversy that has dislocated his supporters inside and outside the Caribbean island. So apparently, the interviewers interpreted clear message as well: it was the recognition of the failure of the Cuban Communist economic model and a tacit support for the change of direction that Raul Castro and the old nomenclature are being implemented gradually. In a later speech Fidel wanted to clarify his intentions, merely to ensure that it’s “response meant the exact opposite of what the two American journalists interpreted on the Cuban model.” A denial confusing enough to have no validity.

In any case, the fact is that the Cuban dictatorship has announced it will create small businesses and they may hire labor and sell their products directly. These reforms will join other qualifiers, such as authorization of multiple jobs or the distribution of land among small farmers. In addition, it will promote tourism in the island and in the hands of foreign companies, with the construction of golf courses and is going to lift the ban on home purchases by foreigners.

It is noted developments on the horizon “to the Chinese” the Cuban regime: the gradual introduction of elements of the capitalist economy in terms of small property and individual initiative, while the oligarchy of the regime holds as long as you can the control of major economic sectors. All this in order to gradually integrate Cuba into the capitalist world without giving up its monopoly of political power.

This raises two questions predictable way. A geo-strategic in nature, affecting the Caribbean region. The strengthening of economic and political ties between Cuba and the PRC is in contradiction with the strategic alliance of Venezuela’s Hugo Chavez has signed with Iran. Be seen how this difference affect the close strategic relationship of dependency between Caracas and La Havana’s have a list of people who will refer, because sometimes we wonder. A tip that someone gave us a recruitment firm is ever in job interviews that you do in recruiting companies out names of your former bosses, colleagues, people on a team with which he worked.

How to model Business Administration and Management

25 November 2010

How to model Business Administration and ManagementStudents of Business Administration and Management, Graphic Design, Information Technology and Industrial Engineering from Loyola University of the Pacific, are participating in the 5th week Guerrero Regional SME 2010, organized by the Ministry of Economy and the State Government of Guerrero.

Our students are participating in this exhibition of 16 different products and services in the area of incubators, entrepreneurs.

Among the products that are exposing are video games, “Tachyon” and “Create” furniture focused on information technology, proposed by Information Technology students.

Graphic Design students are exhibiting products as “coconut water Type”, “Crafts of San Isidro”, T “Costa Brava” and “Cotton Candy”, while the Industrial Engineering students participated with Quesonrisas “and cosmetics beauty derived from coconut oil called “Farad”.

Students of Business Administration and Management in the week showed different regional business projects as “Crucible”, dedicated to creating products ceramic grill made from clay “bricks”, ornaments for decoration “Natural Deco” the slippers with lights “Pant lights” blades and ice-cream Cheam and sauce made from Jamaica “The Gerbera.”

In terms of services, companies showed “Feels” dedicated to the development of accounting and financial software, “Industrial Consultants Guerrero” and the soda fountain “Retro.”

The opening of the Fifth Regional Small Business Week 2010 was held on Thursday 21 October, the governor Severing Treblinka Galindo together with Assistant Secretary for Small and Medium Enterprises of the Federal Ministry of Economy, Miguel Maroon Manure.

Sees in the Fifth Week 2010 states attending the South-Southeast of the country with exhibitions and projects, were installed seven halls among them, Incubators and Entrepreneurship, Finance, Innovation and Technological Development, Tourism, Nature and Franchises, as well Business Building, Municipal Building and the Pavilion of the Fair Employment

How to head the central bank anticipates inflation

27 May 2010

central bank anticipates inflationThis argument has served many purposes. On the one hand, interventionists have claimed to have felt ideologically events which neither understood nor did they provide, on the other, politicians and the heads of central banks have been able to shake off all responsibility for the situation because we have sold them to the disaster came from outside, like a biblical plague in which there would have no part, and finally, and I believe this is essentially allowed to keep the essence of the current financial system, whose failure was attributed not to its formidable capacity to destabilize the economy, but the stupidity and wickedness of specific people with too much room for maneuver.

Should therefore clarify again why thei banking system s not too free, or, in any case, why has so much free as any multi-billion industry that receives a subsidy and whose spending is not under control too strict.

Let us start with the basics: the business of banks is to borrow to pay. Something quite simple. Many people do not know how profitable their euros and the bank pays a 3%, then the bank considers its investment opportunities and in turn pays 6%, profiting from the spread between the interest rate you pay and the interest rate charged.

As we know, the bank does not usually give cash the money it lends. No one leaves the office in which grant a mortgage with a sack of banknotes of 50, 100 or 500 euros. Rather, the bank promises us that we can withdraw euros when we want, and with that promise, which takes the form of a deposit for us, all we need. The officials, trusting that the bank will fulfill its promise, we consider it more practical to manage with the accounting entries resulting in the promise that with cash.

Why can we be sure that the bank will fulfill its promises? It is not, of course, absolute certainty, but if it has previously borrowed euros now promises to deliver us, clearly has the raw material needed for this.

However, what if the bank borrowed money from anyone and grant us a mortgage with the promise that they will give us a few euros you do not have? Intuition tells us that the bank could not fulfill its promise, but the truth is that it could borrow euros retrospectively the need to other operators, egg to other banks (this is what is generally known as the interbrain market).