A recession occurs when too many goods have been produced versus the number of buyers. Why is this a problem? Because if warehouses are filled with goods no one is purchasing, then manufacturers have no reason to manufacture. Profits decline as the retail prices decline. Businesses lay off workers. In ...
Archive for March, 2009
Written by on March 28th, 2009
Written by on March 25th, 2009
Globally, as well as in progressive banking companies in India, retail borrowers, including small-sized farmers, are admitted and monitored through a system that is popularly known as the score-sheet or score-card method. Normally, for each borrower, banking companies maintain three
documents: an admission or acceptance score-sheet at the time of the ...
Written by on March 22nd, 2009
HE CONTRASTING behaviours of global equity and commodity markets have to reconcile sooner than later. In a fascinating development, stock markets
and commodity markets around the world have been heading in opposite directions. Equity markets have been heading south since January 2008, while commodity markets have shot up. The Dow Jones ...
Written by on March 15th, 2009
Archimedes taught us his physics principle over 2,000 years ago: No two objects can occupy the same space at the same time. By analogy: No two commitments can be done at the same time by the same person. So how do you prioritize your commitments and accomplish them all? If ...
Written by on March 6th, 2009
Marketing is the strategies, tactics, and activities involved in getting your message to intended target markets. The focus is usually on selling or facilitating the introduction of a product or service. Can you send, in a few clicks, a Happy New Year card to your customer base? With your customer ...
Written by on March 1st, 2009
No business exists without customers, and you create customers through relationships. Therefore, relationships are perhaps the most important part of any business. Unfortunately, companies all too often think about their
products or services, but forget how to develop customer relationships or
understand and solve their customers’ problems. You can develop your customer ...