As the population of the United States grows to an extraordinary amount of 400 million in the next 40 years, your place of work might consist of individuals from across the globe. Half of the workforce will be made up of people of other cultures that speak different languages and behave in peculiar ways.
One of the major side effects of mass migration of educated foreigners to the United States is that they are generally paid much less than individuals that have graduated college from within this country. With the increased numbers of qualified foreigners seeking jobs, along with tremendous pressures on businesses to cut costs, this might cause a shift towards lowering base salaries across the nation for everyone.
If you have not tried out Google’s new instant search feature, you are in for a surprise! To me, its way too much noise and takes me back to the days of early Internet when flashing banners were everywhere on a page. You could not focus on one thing and got lost trying to find useful information.
At first, this might seem like fun but it has dire consequences attached to it that Google itself might not have anticipated. The fun soon turns into frustration as you keep seeing results that have nothing to do with what you want to search for!
In a recently conducted study by The Gallup Organization, it has been indicated that money can indeed buy you happiness to a certain extent! Take that all you nay-sayers!
Study conducted by the Gallup Organization pointed out that the peak of happiness is around $75,000 per year. At that level of income, people can afford all the necessary things needed for survival. If you are making any more money than that, your level of happiness will not grow proportionally to your income. What this essentially means is that happiness is closer than you think! It is much easier to earn the said income than to strive for a much higher salary.
With the way things are going in the economy, you would think that the World was coming to an end. Everywhere you look, there are forecasts of doom. News is filled with warnings telling people that there is no hope for the uneducated, low-skilled worker. I really have to stop and ask, is anybody surprised that the value of a college degree is higher than ever before?
It is apparent that in the past decade or so, the United States economy has become less dependent on manufacturing. What we live in now is what is known as the “information economy.” Jobs that use to require almost no specialized skills have been shipped off to other countries. So, why has this realization come as a surprise to many that they need to be more skilled and specialized in a field of work?
Accounting information system is one of the first things a business must think about. Without an adequate information system, the company would soon find themselves in chaos.
Many fail to realize that they need an accounting information system and the importance it plays in the success of their ventures. An information system is the same as an accounting information system. We usually do not make a distinction between the two. So what is it? It is a way to organize and bring order to data that would otherwise be useless to the users.
In other words, you transform raw data into information that can then be used to make important decisions that impact the company and all the stakeholders. How would you know which merchandise has the highest profits if you cannot compare the data? What about knowing what models to carry on-hand and which ones to get rid of? All these decisions require information vital to cutting costs and improving profits.
Outsourcing is the process of shifting production to a foreign country. Doing so has great benefits for businesses and consumers alike. By fetching lower costs for the production of goods, companies can keep their costs low. These low costs can then be passed onto the consumer. At least this is the pro side of seeking labor in developing countries instead of doing it domestically. While seeking to outsource parts, or whole operations, businesses employ different strategies to ensure that their companies are able to maximize profits while keeping their expenses as low as possible. As I will try to explain, it is getting harder to justify outsourcing operations to foreign nations and how this strategy might not be as beneficial anymore.
Humans naturally dislike making decisions. We tend to regret buying things that have more than one options because we believe we should have bought the other product. This is called buyer’s remorse in marketing language. Buyer’s remorse is generally associated with purchases that are high value, high risk items.
This is a phenomenon well understood by the marketing departments of almost every corporation that sells to customers. After buying something, customers tend to justify their decision by mentioning it to someone. They seek feedback and need to be assured that their decision was wise. The implications could be extremely big if customers are not happy with their purchase. They will tend to stay away from purchasing from the same company in the future if they are not satisfied.
If you are like me, you have probably wondered why hybrid cars are so ugly. Although some companies have started to produce decent looking models, it is still a question that haunts me. Why would car companies be producing ugly ducklings that people are not likely to buy? Would it not make sense to offer cars that look more like existing models? After thinking about it, I believe the reasons might involve pressures from governments and the impact of sales on their other fossil-fuel powered vehicles.
So what kind of pressures are car companies facing from various governments? What impact do hybrid car sales have on their existing business? Will they really be making money from selling such type of cars? All these questions need to be kept in mind to really see what is going on. Some have a greater impact on their business than others.
It seems as if we are obsessed with success of technology start-ups that have changed the way we live our lives. We know that there is a movie about the social networking giant Facebook called The Social Network that is coming out in the near future. Now there are rumors that there might be one about Google. It makes perfect sense since this company has had such a huge impact on our lives, much more than Facebook or any other Internet websites. With that said, I have been asking myself a question. Are we getting obsessed with small-time operations that became extremely successful? This also leads to another question – why?
Most people plan for their retirement when its already too late. When is the earliest you should be thinking about building a strong nest egg? As soon as you start college! The earlier you start saving money, the better off you will be in the end. The earlier you start, the less money you will have to put in throughout your life. Whats good about saving early is that the money you put away goes to work for you and starts to earn compound interest and grow exponentially! Still, there are many people who do not even think about retirement until later on in their lives. By then, its usually already too late to have a cozy nest egg to look forward to.
You do not have to rely on a financial adviser to tell you how to save your money for retirement. There are many things you can do for yourself to ensure that by the time you are ready to retire, you have plenty of money to live happily ever after!