Mar 14 2019

Sir Christopher Gent

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Paradoxically, companies – leaders in the output of the adjacent areas of risk more total. Their core business is at risk if a significant shift in the wrong direction, or a related premature abandonment of a key area. And the risk is aggravated by too many choices, constantly same investment banks. During the discussion of the possibility of expanding into adjacent areas, Sir Christopher Gent, ceo Vodafone, said that the directors should be judged by the opportunities that are being rejected, but not for those who accept. Expansion in adjacent areas for the company’s leadership brings to mind the famous dictum of Napoleon:

“The biggest danger comes after a victory.” At the other end of the spectrum are companies with weak competitive position or contracting for them to key markets, and whose management wants to just jump to another position or in other businesses. Nevertheless, the data indicate that very few second-tier companies are able to change its position over time – no more than 5 percent. A typical example – Budget Rent a Car, once the number six on the U.S. market for car rentals. Since 1986, the business has had five different owners and five different strategies. Some of these strategies have assumed yield in adjacent areas, such as cars travel (unsuccessfully) to buy the company or Ryder truck (number two on the freight transport market after the U-Haul). But the rescue never came. In 2001, loss of $ 7 million on revenue of .2 billion. In 2002, the company declared itself bankrupt and was bought for a knockdown price corporation Cendant, and then merged with Avis. Another situation where the whole industry is becoming unstable. During the 70’s only 10 to 15 percent of economic sectors have experienced significant changes under the pressure of high-level competition. In 90 of their number approached 50 percent, with huge volatility in the industrial sector, finance, publishing industry, air transport, trade and many others. Instability can take various forms. One option, when the whole sector for some time been protected, and then abruptly disappeared protection. Example – deregulation of the utility sector in the U.S. in the 90’s, after which many companies at once rushed into this area. Another option, a rare but extremely unpleasant – the death of the market. This occurs when the entire industry or market themselves in zone of sharp structural decline. A famous example – the displacement of typewriters word processors.

Production of magnetic tapes gave way to store data on optical media, and film – digital photography. In each of these situations, companies such as Imation (data storage) or Polaroid and Kodak (photo) faced strong need to migrate to adjacent markets that served them a bridge to a more stable future. Each of these situations – from strong leadership to the simple movement “in line” with the growing market before dying – has internal and external motivations for companies to move away from core business and get out into the adjacent area. Exception, of course, is a company – a strong leader at a stable or growing market. However, we estimate that only 12 percent of companies are beginning to seek ways for a healthy and profitable growth, with similar beneficial circumstances. The majority, nearly 90 percent there in less than ideal conditions.

Nov 14 2018

Flower Business

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As we know, the flower business is in the top 5 of all existing businesses in the world. It's certainly not just. Well, first of all, the flowers are always in demand. Any colorful and festive event is impossible to imagine without colors. Secondly, this business of art, a business that gives people pleasure and positive emotions, a beautiful business. But all good things, always aim for good luck. In addition, this business brings good profits to its owner. Each owner of a flower shop must do everything to the customer who buys once the flowers, he returned to it again.

This task is a weighty place in the organization of the flower business. To do this requires that service and the flowers themselves were at the highest level. Go to one of the important factors influencing the success can be attributed personnel. It is represented by a florist or manager of salon will be presented to your firm clients. On how the rest of staff communication with the client – will be depend on the outcome.

Therefore, treat the staff need very seriously. The entire staff must possess communication skills and be competent in matters relating to goods sold. If you hire professional florist, you should remember that the floral courses are expensive, respectively, require a lot of wages. But all his work will be masterpieces, which, of course, like the client, and be compensated by all costs. Do not forget about other organizational matters. Flowers – a perishable product, which after a few days, has no appearance, and no one needs. It is therefore necessary to think trading strategy, pricing, market coverage and other issues. In the flower shop, except perishable cut flowers, you can sell and indoor plants with accompanying them goods and provide services Gift wrapping. Large enough demand delivery services flowers. This is also necessary to think about. Some see the delivery of flowers as a separate business. Since there are service delivery of bouquets, which provide service delivery is not just one city, and across the country or even the world. For such firms, there are various affiliate programs – if the funds to build your business is not enough, you can start thanks to them. As practice shows, almost every flower business pays one and a half years. But for this, it should not be in the form of extra income or a hobby. Flowers need to be addressed seriously and purposefully. Whatever it was, do not be afraid of anything. If you are bold and decisive, then good luck will come to you. So, go ahead and you will succeed!

Apr 24 2018

Soviet Engine

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Including IP-s were taken and "Red Arrows". Back in the early 1930's NIIZHT together with the Moscow Aviation Institute conducted a comprehensive test model locomotive in a wind tunnel, which revealed that at speeds above 100 km / h, use streamlined casing, due to reduced air resistance, can provide power gain in the 200-250 hp Conducted testing of the engine have also confirmed a significant reduction in parasitic drag at high engine speeds, thereby IS20-16 was able to accelerate to a speed of 155 km / h. IP without radome – the casing after "sunset" locomotive traction domestic two sections locomotive TE-7 drove passenger trains on the same line at speeds up to 140 km / h. Then they were replaced by diesel locomotives TIC-60, capable of speeds even higher – up to 160 km / h. Larry Ellison describes an additional similar source. Then in mid-1960 years in Leningrad and Moscow went daily express "Aurora" with maximum speed and route 160/130, 4 km / h! The same velocity parameters were at that time and at the European express trains. France – Mistral (160/131 km / h), in Italy – Strela Vesuvius (160/120 km / h). IC 20-16 So in 1960 we did not have to fly on the side of technology – its scientific idea worked perfectly. Locomotive 2-3-2B – 175 km / h steam locomotive 2-3-2B before the start of Locomotive 2-3-2B (type 2-3-2 Voroshilovgrad plant; serial number – 6998) – experienced Soviet-speed engine type 2-3-2, designed and built in 1938 on Voroshilovgrad locomotive plant under the guidance of an engineer DV Lvov.

Mar 03 2018

The Business

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Model is needed for a proper understanding of business processes, which greatly simplifies the evaluation process and helps to ensure a more accurate result. The most reliable results when analyzing the operation of the business gives a diagnosis of its financial condition, since every aspect of the impact on the financial situation of the business. For example, seasonality of the company (firm). In the process of diagnosis by means of financial indicators (ratios) reveals business trends. Typically, when evaluating the business value of a well-known set of financial performance ratios are considered: – ability to pay – financial stability – profitability – a business activity. It should be noted that in various areas – manufacturing, services, consumption – the "normal" value of these coefficients will be different. No match "rules" the value of these factors, in turn, reduce the cost of business.

External factor (industry) – which was discussed above, characterized the relationship with suppliers, intermediaries and clients. This is also the competitive environment. The main influence on the business value across industries have dynamics and production, as well as inherent risks of the industry. Impact on the industry functioning of the business has, in turn, and the state (as an external factor) through political, economic, demographic, cultural and other factors. State and business are parts of a whole and therefore can not be considered in isolation. Gross domestic income, inflation, meaning interest rates, fiscal policy, and much more – all of these factors are considered when assessing the value of the business. Thus, a comprehensive analysis of the research object allows you to gain an understanding of utility and, accordingly, the cost of business for the owner and the potential buyer. The principle of utility, along with principles such as the substitution principle and the expectations are prerequisites on which the valuation of the business. Under the principle of utility business has a value in the If it is useful to a potential buyer.

Jan 18 2018

The Recipient

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In addition to the before-and after-sales and engineering services for all forms of sales, in the interests of the consumer is a wide range of other value added services, including the adoption of comprehensive delivery obligations by entering into compensation, barter transactions, the use of various credit schemes in the calculation of insurance risks. Competitiveness is assessed by comparing the parameters analyzed products with the options to the consumer, or with the parameters of the product sample. The compared parameters must be expressed in similar magnitudes of measurement. The comparison is made by groups of technical and economic parameters. In assessing the competitive differential can be applied, integrated and hybrid methods. If the recipient's organizational capabilities necessary information to assess competitiveness, difficulty selecting a sample analog can use the simplified methods.

One of the options appraisal assessment – the use of graphs the average economic parameters of products according from its main technical parameters or benefits. Educate yourself with thoughts from Southwest Airlines. These graphs can be constructed by averaging the total cost to the individual models with different technical parameters (eg capacity, productivity, etc.). Specified average unit cost of complete and can be considered as a basis for assessing the competitiveness of products, which is offered to buyers in this market. Comparison product is on the comparison table settings. As a result, comparison of the methods (differential, integrated, or mixed) is given by one of the following conclusions: 1.

products are competitive in the market in comparer products 2. products have low competitiveness in the compared classroom products on the market 3. products are not fully competitive in the compared classroom products on the market. Conclusion is complemented by the conclusions of the advantages and disadvantages of products evaluated by comparison with analogues, as well as proposals for measures to be taken to improve the situation in the market. At present, consumer market in Moscow the main factor of competition are price and availability of the required product mix.

Jan 12 2018

Smart Delivery

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The topic of how to properly take the accommodations are far from new. There are many materials and articles on the subject, both in print and on various Internet resources. A classic example can lead article, "Competent delivery of housing" at the site of one of the agencies in St. Petersburg. There is sufficient detail and clearly makes recommendations for people who give in rent their apartments, rooms and other accommodations. Tips concern the preparation of both the premises and documents required for competent design of contractual relations with the tenant. Particular attention is paid to the subtleties of the lease contract and clearance of necessary applications, including, above all, the act of reception and transmission facilities from the lessor to the lessee. These recommendations are relevant even now, they say, at all times.

But times change, and with them, and legislation, mentality residential rental market participants and the market itself. What can be in addition to the above at present to advise the person who chooses to surrender their property? Before you give advice, discuss the changes that have occurred in market rent of premises for the last 3-4 years. First of all, definitely rooted bail for rental housing. Second, it would greatly increase competition in the market due to entry of a large amount handed over apartments in new buildings and reduce the demand for rental housing caused crisis of 2008-2009, whose influence on the rental market is still strongly felt. Gary Kelly may find this interesting as well. Third, there have been changes in legislation that allowed the tax authorities to reach out to collect taxes from people who give residential real estate. Since the key is simple, we must take – a common practice. If the apartment rent is expensive, and if so requested installment pledge, agree to make 2-3 pieces for 1-2 months. Increased competition in the market rental housing has led to what became the owners appear willing to pay for real estate firms, in order to accelerate the delivery of flats.

Such the solution they come usually after months of unsuccessful attempts to pass their homes at the maximum price. Of course, most of our landlords are now firmly against it, but the process, as the saying went. In developed the world commission is paid by the landlord is. Changes in legislation in recent years have given the tax authorities leverage over landlords. With rent to pay tax on the income of an individual – Personal income tax rate of 13% (6% if the registered IP). On this issue, we can say the following. On the one hand, the majority of people who give accommodation to rent, not paying and not going to continue to pay taxes, given the objective difficulties faced by the tax authorities in collecting taxes in this area. On the other hand, more and more landlords who give their apartments "in white" that is, paying taxes on the lease. Follow recommendations on the delivery of housing to rent or not, everyone decides for himself. We must not forget one. In the area of residential lease, especially in large cities, many unscrupulous tenants, or simply scams. Ignoring At the time of the elementary rules of living space can lead to serious financial losses.

Jul 27 2017

Internet Spending

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Introduction. In 2004, I asked myself: "How to earn through the Internet, spending for 2 -3 hours of their time?". For several years I searched for an answer to this question. Today I'll share a few ways to earn through Internet with its readers. This article will only cover ways of earning more detailed information on each of these ways, I will publish later. Preface. The first thing to understand – on the Internet you do not find a high paying job – if you do not know how to do it. The rule is simple – the higher your qualification, the greater your earnings.

What do you do if you do not know how? Yet you can read, write, and also browse pages on the Internet, and this is enough to earn the first $ on the Internet. The first way of earning through the internet: SAR (system of active promotion), postal service, paid forums – such projects are paying you for browsing, reading email, for icq messages for comment, for the posts. All you need to do – to choose one or two projects, sign up and get to work. The most profitable – is paid forums where for your message, you will pay the money. You do not earn millions, but his first $ – it's easy. The second way of earning through the Internet: Take part in an affiliate program whose main purpose is to attract customers. Registering such a project, you get a ref.

May 01 2017

Business Plan

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Creating a business plan with their own hands. Lesson one. Business planning, start your own business, a hairdressing salon, a candle factory, or an innovative business (fashion, be sure to start an innovative business), in any case you need business plan. How to create a business plan for yourself, just yourself and we will discuss in this article. To deepen your understanding Stuart McClure is the source. Create a business plan we are going in Excel, but it is in Excel. The advantages of Excel to the monsters of business planning, Project Experts Alt Invest and others, that you consider your business. You control all the calculations, as for example, in searchlights at the interface is driven sales plan and press the button count, and all you have the stream of payments, net present value, internal rate of return, and so forth before their eyes, and from where that came from, it is not clear. To really create a good business plan need to really understand what is going to do and be able to conduct financial analysis of the project, namely the financial analysis of the project and is the core business plan, and all other sections of the business plan – this is just the preface to the financial analysis of the project.

So today we will learn calculate the net present value of our project. What is the net present value, NPV (Net Present Value). Suppose we have an opportunity to invest money in any new project, let's say we buy property for five hundred thousand, and a year later (no crisis) we sell our property for six hundred and fifty thousand rubles. And we have an alternative opportunity to invest our money simply by putting them in the bank under twenty percent per annum for the year. We have two alternative ways to invest money – in banks and real estate, some of these methods we choose.

Sep 26 2016

OnLine Shoppers

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According to research conducted by ForeSee in 2008, the best online services in terms of customer satisfaction found Netflix.com – 1 seat, QVC.com – 2 nd place and Amazon.com – 3 rd place. The overall level of customer satisfaction services 100 the largest online retailers in 2008 in the U.S. rose by 1.4% compared with 2007 survey was conducted by the method of American Customer Satisfaction Index (ACSI, American Customer Satisfaction Index). From the list of 500 largest Internet retailers have been taken The first 100 of them and identified the best in terms of quality of service. The study was conducted using a special Survey panel, whose membership includes 1.6 million American consumers. Data obtained from 24000 respondents who visited the sites of retailers that have been processed and prepared on the basis of this rating. According to the study of customer satisfaction from online services increases customer loyalty, increases sales and promotes positive information about the company ("word of mouth"). Buyers with a high level of satisfaction from the service will again buy from the same company with a probability of 69% more, as well as: – 75% more likely that they will buy online – 42% more likely that they will buy in the off-line (in stores of the company) – 75% more likely they recommend friends or acquaintances.

ACSI (American Customer Satisfaction Index) is a leading (leading) economic indicator and cross-index for measuring customer satisfaction. Hear other arguments on the topic with Jerusalem Global Ventures. With the help of measured customer satisfaction in seven economic sectors, more than 45 branches, about 200 largest U.S. companies, representing 45% of U.S. GDP.

Sep 09 2015

Economic Development

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We have analyzed the current practice of determining the liquidation costs for different purposes. Personal property, for the most part, has inelastic demand, so much more important is the definition of the liquidation value of the direct method, based on the identification of possible realizable value. Liquidation discounts will depend largely on the costs associated with the sale of property and to a lesser extent than real estate, from rebates to low and exposure time lack of marketing.