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Articles from The New Business World

Hiring Practices: International Responsibilities 2008-01-24 14:56:00 The culture of the U.S. has promoted equal rights for both women and minorities. Human Capital Theory indicates that more access organizations have to varying skills and abilities the more successful the organization can be. However, once our organizations move overseas we may find that competing cultures with different ideologies take precedent. This can cause lots of headaches and turmoil for executives that are expected to follow American concepts of ethics but are forced by the host country to compromise these beliefs. Each country maintains their own standards as it relates to the employment process. Since some countries are more liberal then the U.S. and most countries never went through a civil rights movement like in the U.S. their standards of labor practices may be different. Organizations like the European Union require more open employment policies then what might be experienced in Scandinavian countries (Sington, 1994). Problems result because of employment practices being ...

Writing a Proper Article 2008-01-24 09:54:00 Advertising with articles doesn’t need to be a difficult concept. For some people writing articles is hard because they simply have no experience in it or they have a hard time putting their thoughts down on paper. No matter if you are an expert or an amateur you can still learn how to write an acceptable article. How much time it takes you is a completely different question. The first thing an author needs to learn about writing articles is that they have some structure built within them. This structure keeps the articles in a proper format that unfolds the story (or concept) as the article continues. The structure typically includes an introduction, the body and the summary. Introduction: The introduction is typically a paragraph and includes preliminary information that sets the stage for the rest of the article. It may relate the problem or the purpose of the article. Many readers will skim this introduction to determine whether or not they want to read the rest of it. Body: The ...

Ford and China Marry for Convenience 2008-01-23 14:56:00 Ford has been beaten and tore up in the automotive world in the past few years. The company continues to lose market share to its Japanese auto competitors. The once powerful Ford Motor Company, the grand father of automobile manufacturers, is becoming weaker by the year due to international pressure and non-competitiveness. However, that doesn’t mean that Ford Motor Company can’t make a comeback if it takes deliberate action to change its fate. A recent SWOT Analysis of Ford indicated the following (Ford Motor Company, 2007):Strengths: Strategic Alliances. Ford Motor Company has done a strong job with managing its supply chain and making strategic alliances around the world. These alliances are used to build a variety of different automotive parts, concepts and services. Weaknesses: Market Share. Ford Motor Company has declined in its market share slipping behind Toyota. Ford Motor Company is no longer one of the Big Three Automakers and executives are scrambling to slow down the ...

Customer Service Important: Not Many Firms Invest in the Concept 2008-01-23 10:17:00 Customer service is one thing that many companies talk about, for good reason, but few actually invest in the concept. With nearly any service or product a consumer could find many different companies offering nearly the same product but the customer service skills of the organization make all the difference in whether or not the customer will return or opt to try another company. The more customers you lose to your competition the weaker you become and the strong your competitors. One of the main reasons why organizations believe in customer service but don’t invest in it is because customer service investments don’t have a direct impact on the bottom line. Customer service investments have more of an indirect result on the bottom line and through time can even increase revenue. This lack of accounting simplicity means that decision makers will often opt for more immediate results that justify their position.Let us say for a moment that a company has $250,000 in excess capital to ...

The Mixed Bag of the Declining Dollar 2008-01-22 15:31:00 The declining dollar is a mixed bag for many organizations who desire to expand their operations overseas. When the dollar declines significant risk rises for organizations that were planning on making investments in foreign companies and nations simply from the fact that their dollar doesn’t go as far as in once did. The declining dollar changes the entire dynamics of the economy from outward bound to inward bound. A comparison between the dollar and the yen would be appropriate. A Company like Daimler may wish to purchase or invest in a foreign auto manufacturer. The only problem is that due to the changes in the value of dollar (down) in comparison to the yen it will cost more U.S. dollars to invest in the company have a significant stake. In other words, more of the companies resources must be used to make even smaller investments Emerging Europe, 2008). The other difference organizations may find is that foreign parts and products become more expensive while American products be ...

Video Classified Draw More Visitors 2008-01-22 13:42:00 Few businesses can survive without proper advertising and marketing. One of the ways in which businesses draw new visitors and are able to bring in new customers is through the use of classified ads. In the old days businesses advertised in newspapers whereby people would browse the classified ad sections. Then these classified ads moved to the internet where people would browse online classified ads. Now these old classified ads have been replaced with another innovation called video classifieds.Have you ever been paid to list your advertisement about your business? If you are like most people you probably haven’t. However at Listasaurus you will be paid for listing your advertisement in certain categories whether or not your items sells or doesn’t. It is a new and interesting concept in advertising and you are encouraged to check out the details. Once upon a picture was worth a thousand words. Imagine yourself trying to sell a car and you have a picture of it. The natural assumpt ...

The Talent Wars 2008-01-22 10:34:00 Talent is one of those concepts large multinational corporations can’t do without. As businesses become larger and more global in their operations these businesses will need superior talent to keep their momentums moving forward. The problem is that companies are in need of talent and they are having a hard time uncovering talent, recruiting talent and retaining talent. This creates a talent shortage for many organizations.Paul Taaffe, the Chairman and Chief Executive of Hill & Knowlton the prestigious communications consulting firm, headed a study by which they interviewed a number of MBA students at the world’s progressive business programs. They found that students believed in the following:• Reputation matters, and the reputation of the company is based on far more than just its financial performance and the quality of its products and services.• The employee experience matters deeply. Talent is not prepared to sit and wait for the golden opportunity of 20 years hence; ...

Are Other Nation's Threatening the American Tech Industry 2008-01-21 17:43:00 American technology is an industry that has great potential but also faces lots of risk in the world around it. The industries in the Sun Valley California were able to transform software usage into something no business can do without, people like Bill Gates were able to accrue billions of dollars in technology and Google was able to span the world with its search engine and marketing technology. However, that doesn’t mean that America’s computer and software technology supremacy won’t be challenged in the decades to come. There appears to be three major challenges that present significant risk to the American technology industry. The large the risk the more pronounced these risk factors become. A large technology drive companies begin to set up operations in multiple markets in multiple countries the potential risks raise in the spheres of security, skilled labor and competition. Security: Technology driven corporations that have a multitude of international satellite locations ...

Considerations of Local to Global Business Expansion 2008-01-21 13:00:00 The world around us is becoming more global each and everyday. Those organizations that once felt they were part of a domestic environment are now finding that they must either expand their operations or suffer declining market share. It is simply impossible to keep competition out of their local markets and therefore the company must expand beyond that local market to maintain sales. Before expanding operations overseas a company should consider a holistic approach to understanding the risks the company faces and potential pitfalls that it may fall into. Therefore it is important for the company to look at various aspects of a nation before dumping their hard earned money and time into it. 1.) Political Landscape: Will the politics of the country dramatically change anytime in the near future? Would the organization be able to survive in a country that is hostile to the U.S. or would people purchase from a U.S. company? Would politicians try and crack down on the company or is the who ...

Will a College Education be Common in the Future? 2008-01-20 20:28:00 College is affordable by most children in the United States of America. Even if parents aren’t able to pay or afford college then there are plenty of grants and student loans available at rates of 2.5% or even 0% if subsidized. However, the future of the country may not be as rosy as its past as Americans learn what life is like in the rest of the world. There are a couple of trends in the American society that few people hope come true but may nevertheless become part of reality. These trends are related to government spending, the separation of society into the wealthy and the poor and the decline in educational standards in the public school systems. Government Spending: The government has over spent and the deficit is out of control. It wasn’t that long ago that the government ran a surplus but now the deficit is beginning to catch up to the nation. As the interest on this huge bill becomes due many programs will have to be cut back in order to balance the budget. It is like a ...

Colleges that Help You Enhance Your Career 2008-01-20 16:11:00 Education is extremely important to the success of just about anyone’s career. Employers are looking for highly educated people to fill available openings when the Baby Boomer generation starts to retire. Employers want skills that will help their organization succeed in a time when globalization and international competition is forcing these organizations to continually change.Professionals whom complete their education may also find that their income rises substantially and depending on the degree these student receive their income may go up a million or more dollars in their lifetime. These students should consider getting a career at Brown Career College which offers programs in Business Management, Criminal Justice, Television, and much more.The type of career choices students makes may range among many different fields. For example, a student may elect to study design at Harrington College of Design. In this program students will be challenged to develop new and interesting int ...

How to Develop a Learning Culture 2008-01-19 13:58:00 It doesn’t matter if you read management theory books, take your advice from Donald Trump, or even learn about how people became successful you will find that many of them have a single way of developing organizations that are successful. They believe that a learning culture is what will help their organization move to the next level. Developing a learning culture is not as difficult as it may appear to be but that doesn’t mean that the decision makers within the organization can sit back and do nothing. There are a number of components that must be in place if the company or business hopes to motivate people to keep learning, keep producing and being innovative. Consider the following:1.) Tuition Reimbursement: Companies can get a return on investment of up to 300% on tuition reimbursement. Few benefits in the organization help set the right tone, are beneficial to the company and beneficial to the employee at the same time. Tuition reimbursement tells the employee that their educ ...

Businesses Not Seeing the Threats 2008-01-18 15:10:00 Risks face organizations from just about every angle of both the global and the domestic environment. Just like people organizations can develop poor habits when it comes to handling stress and risk in their normal operations. When companies don’t adjust well to the risks they face they can become sick and begin a momentum building decline. Being aware of the risks a company faces in the global environment and knowing how to handle these risks can be important. In the cigarette industry the knowledge that tobacco use causes cancer has been around for many years. One of the tactics the tobacco industry used was denialism, which they used to discourage public discourse about the issue (Stoff, 2007). The goal was to create misunderstanding and misinterpretations about the issue without spreading the world that smoking was bad for your health. By denying these claims and hiding them the reputation of the tobacco industry was seriously hampered which brought hundreds of millions of dolla ...

Big Ass Fans for Industrial Locations 2008-01-18 15:10:00 Manufacturing plants, offices and garages can get pretty hot. In the middle of the summer with a few fumes rolling around, the place can become suffocating. This is one of the reasons why you need Big Ass Fans. Big Ass Fans allow for Industrial Ventilation in most industrial places. They are easy to install and cost efficient. Any organization that needs to cool down should consider their large selections and affordable prices.http://www.themodernbusinessworld.com ...

Making In Roads into China 2008-01-18 14:02:00 The current global trend is for countries to open their markets in much the same way that the U.S. opened South America to NAFTA. Opening these markets is not done with out risk and China has been making progress toward a more open system but in a slow and methodical manner. Both the United States and the European Union have been pushing for change in the Chinese markets with some market results. In its effort to increase investments within their Country, the government of China has issued a guild to foreign investment (China Issues New, 2007). Large companies may decide to utilize these investment opportunities to expand their operations, reduce overall risk to their corporations and hedge their assets. The country of China is a new frontier for many Western businesses. Once China began to open its market the country became concerned about inflation. Government officials feared that with the current excess of cash on the markets and the influx of cash into the country that the economy ...