Determine that the thing can and shall be done, and then we shall find the way.
Abraham Lincoln
Abraham Lincoln
Wednesday, August 31, 2011
CSR BY SONY LTD.
Environmental Conservation Activities
SONY ESTABLISHES FIRST NATIONWIDE ELECTRONICS RECYCLING PROGRAM WITH WASTE MANAGEMENT’S RECYCLE AMERICA
Program Open to All Consumer Electronics Devices
Program Open to All Consumer Electronics Devices
The program, which begins on Sept. 15, was developed in collaboration with WM Recycle America, LLC, a wholly owned subsidiary of Waste Management, Inc. The program also allows consumers to recycle other manufacturers’ consumer electronics products at market prices, and may include a recycling fee for some types of materials.
Women Entrepreneurship- An Emerging Economic Indicator
Women owned businesses are highly increasing in the economies of almost all countries. The hidden entrepreneurial potentials of women have gradually been changing with the growing sensitivity to the role and economic status in the society. Skill, knowledge and adaptability in business are the main reasons for women to emerge into business ventures. ‘Women Entrepreneur’ is a person who accepts challenging role to meet her personal needs and become economically independent. A strong desire to do something positive is an inbuilt quality of entrepreneurial women, who is capable of contributing values in both family and social life. With the advent of media, women are aware of their own traits, rights and also the work situations. Women are found indulged in every line of business and the challenges and opportunities provided to the women of digital era are growing rapidly that the job seekers are turning into job creators. They are flourishing as designers, interior decorators, exporters, publishers, garment manufacturers and still exploring new avenues of economic participation. In India
Core competencies Of HR
The term "core competency" first became popular through an article on the subject which appeared in Harvard Business Review in June 1990, entitled The Core Competency of the Corporation, by Pralahad and Hamel. It defined core competencies as "the collective learnings in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies." When we discuss this in terms of functions in a company, it centers on the question of how does a function link its know-how to support the company's core competencies to improve operating results. For Human Resources it comes down to identification and "bundling" of key skill areas for deployment into business units, and creating the mechanism to keep these fresh and relevant to individuals and the organization. Human Resources professionals must develop deep skills and expertise in some areas to ensure that value is added. Value is defined as increasing capability, eliminating barriers to speed.
The areas of core competencies are:
Ø Understanding of Our Business
Ø Driving Change and Managing Transformation
Ø The Ability to Create and Manage Culture
Ø Management of HR Practices/Deliver HR
Ø Leadership,Personal Credibility and Influence
Ø Advisory and Counselling
COMPANY PROFILE: DABUR
Dabur India Limited is India
Chairman and CEO Mr. Sunil Duggal
Structure and Divisions
3 major strategic business units (SBU)
1. Consumer Care Division (CCD) address consumer needs across the entire FMCG spectrum through four distinct business portfolios of Personal Care, Health Care, Home Care & Foods
Tuesday, August 30, 2011
Thought of the Day
Take time to deliberate, but when the time for action has arrived, stop thinking and go in.
Napoleon Bonaparte
Napoleon Bonaparte
AT THE BOTTOM OF THE PYRAMID
Under the Indicus Urban Consumer Expenditure Spectrum, the bottom of the pyramid in urban India is comprised of households that earn less than `1.5 lakh per annum. This class forms the bulk of the population in cities, but contributes less than 15% of total ur- ban income and less than 10% of total urban savings. Household sizes are typically smaller than in the more affluent classes.One reason is that there are many migrants in this segment; with little skills and low education, their earning opportunities are low, albeit they supplement family incomes in the villages. Northern states, however, have larger household sizes within the segment.
CSR - Dr. Batras' Positive Health Clinic
Launched in 2001 and inaugurated by the then Chief Minister of Maharashtra , Shri Vilasrao Deshmukh, and Dr Batras' Positive Health Foundation is a charitable trust with a positive bent of mind. So far more than 1600 patients have benefited from the foundation. This fund attempts to touch as many people as possible. A kind effort to ensure that everyone gets a fair chance of quality healthcare!
MAIN OBJECTIVES:
To provide funds for the treatment of needy and deserving patients.
Scholarships for deserving students who are pursuing studies in Homeopathy.
The fund would attempt to benefit as large a number of persons as possible. The procedure kept to the minimum to ensure that people are benefited quickly and with minimum effort.
Scholarships for deserving students who are pursuing studies in Homeopathy.
The fund would attempt to benefit as large a number of persons as possible. The procedure kept to the minimum to ensure that people are benefited quickly and with minimum effort.
Produc line of ITC
Cigarettes: W. D. & H. O. Wills, Gold Flake Kings, Gold Flake Premium, Navy Cut, Insignia, India Kings, Classic (Verve, Menthol, Menthol Rush, Regular, Mild & Ultra Mild), 555, Benson & Hedges, Silk Cut, Scissors, Capstan, Berkeley, Bristol, Lucky Strike, Players and Flake.
- Foods : (Kitchens of India; Ashirvaad,Minto,Sunfeast,Candyman,Bingo,Yippee, Sunfeast Pasta brands in Ready to Eat, Staples, Biscuits, Confectionery, Noodles and Snack Foods);
- Apparel: (Wills Lifestyle and John Players brands, Miss Player).
Elecom announces folding Bluetooth keyboards for iOS & Android
If you like to have a physical keyboard for use with your smart phone then there are some choices out there. The latest handset sporting one being the Motorola Droid 3, which has a slide out QWERTY keyboard. Otherwise you are stuck using the touch screen keyboard. But what if, like a lot of apps and online services now allow you to do, you want to use your phone or tablet device as a workstation? That on-screen keyboard or QWERTY slide-out number is going to give you cramp after the first couple of emails or paragraphs of a document.
Elecom has decided to offer up a possible solution to that problem with a couple of wireless, fold-up keyboards aimed specifically at smart phone and tablet owners.
Monday, August 29, 2011
Case Study on ITC ltd
ITC was established on August 24, 1910 as the Imperial Tobacco Company of India Limited in Kolkata. Initially, the company was involved in the trading of imported cigarettes. In 1925, in a backward integration move, the company started a packaging and printing business. The name of the company was changed to India Tobacco Company Limited (I.T.C. Ltd.) in 1974. In 1975, I.T.C. Ltd., through ITC-Welcomgroup, tied up with the US-based Sheraton Corporation6 to enter the hospitality industry. It acquired its first hotel in Madras
In 1990, I.T.C. Ltd. set up an International Business Division (IBD) for export of agri-commodities. I.T.C. started a greeting cards business under the brand name Expressions in the year 2000. In the same year, I.T.C. also entered the fashion retailing business by extending its well known cigarette brand Wills. The retail outlets were called Wills Lifestyle and offered premium leisure wear for men and women under the Wills Sport brand. In September 2001, the company was renamed ITC Ltd (without full stops, and with no meaning attributed to the alphabets). In 2001, ITC made an entry into the foods business, and entered the business of safety matches, where it could use the same distribution network as that of its cigarette brands, in 2002. In 2002, IBPL was amalgamated with ITC to form the Paperboards & Specialty Papers Division of ITC. This was done to "harness strategic and operational synergies." In 2002, the company launched another clothing brand, John Players, which targeted the urban youth.
In 1990, I.T.C. Ltd. set up an International Business Division (IBD) for export of agri-commodities. I.T.C. started a greeting cards business under the brand name Expressions in the year 2000. In the same year, I.T.C. also entered the fashion retailing business by extending its well known cigarette brand Wills. The retail outlets were called Wills Lifestyle and offered premium leisure wear for men and women under the Wills Sport brand. In September 2001, the company was renamed ITC Ltd (without full stops, and with no meaning attributed to the alphabets). In 2001, ITC made an entry into the foods business, and entered the business of safety matches, where it could use the same distribution network as that of its cigarette brands, in 2002. In 2002, IBPL was amalgamated with ITC to form the Paperboards & Specialty Papers Division of ITC. This was done to "harness strategic and operational synergies." In 2002, the company launched another clothing brand, John Players, which targeted the urban youth.
Glossary for hospitality
Disposable income – the money which remains once all expenditure
has been subtracted from the income of an individual or family.
Distribution – the process by which products and services are made
available to customers by producers.
Domestic tourism – tourism where the residents of a country take
holidays as business trips wholly within their own country.
has been subtracted from the income of an individual or family.
Distribution – the process by which products and services are made
available to customers by producers.
Domestic tourism – tourism where the residents of a country take
holidays as business trips wholly within their own country.
New Product Launch
Maruti Suzuki all set to enter the luxury sedan segment. The company is ready to take on Honda and Skoda. Maruti Suzuki is the leading car maker of the country with holding around 50% of the market share. It is now ready to enter the luxury sedan fragment.
Honda and Skoda had captured this particular segment by providing superior quality and higher brand value. Now it will be a real challenge for the domestic car manufacturer like Maruti Suzuki to share the stage with global biggies like Honda and other sedan series.
Service Marketing Mix
The service marketing mix is also known as an extended marketing mix and it is an integral part of a service blueprint design. The service marketing mix consists of 7 P’s as compared to the 4 P’s of a product marketing mix required for optimum service delivery.
Product – The product in service marketing mix is intangible in nature. Like physical products such as soap or a detergent, service products cannot be measured. Tourism industry or the education industry can be an excellent example. At the same time service products are heterogeneous and perishable in nature. The service product thus has to be designed with care. Generally a service blue print is drawn to define the service product. For example – a restaurant blue print will be prepared before establishing a restaurant business. This service blue print defines exactly how the product (in this case the restaurant) is going to be.
Place – In case of services marketing, Place determines, where and how the service product is to be delivered. The best place to open up a petrol pump is on the highway or in the city. Similarly a software company will be better placed in a business hub with a lot of companies nearby rather than being placed in a town or rural area.
Promotion – Promotions have become a critical factor in the service marketing mix. Services are easy to be duplicated and hence it is generally the brand which sets a service apart from its counterpart. You will find a lot of banks and telecom companies promoting rigorously. Why is that? It is because, competition in this service sector is generally high and a promotion is necessary to survive.
Sunday, August 28, 2011
Case Study on Apex Inverters
Apex inverters is a pioneer in the field of inverters and UPS systems. A small unit in 1992, the company started manufacturing inverters in 1997 and within the next five years evolved as a major power electronics company, ISO certified. According to the Vice President, operations, of the company the emphasis of the organization is on ‘WE’ and not ‘I’. The company smears by its team work. It strives to generate a challenging and professional work environment that will nurture talent. Exceeding customer expectations is their work culture. The main objectives of the annual performance appraisal are:
· To identify and assign major areas of responsibility.
· To identify exact contribution of the appraisee.
· To determine the unique strengths, weaknesses and potential of the appraisee.
· To assist in the personal and professional growth of the appraisal through self analysis, counseling and training.
· To give the appraisal an opportunity to discuss his/her growth prospects with the supervisor(s), develop an appropriate style of functioning, mould attitude and seek directions for further improvement.
Marketing Glossary
Attitudes
Enduring systems of positive or negative evaluations, emotional feelings, and action tendencies with respect to an object. Consumer's overall liking or preference for an object. (Assael)
Body Language
The nonverbal signals communicated in interactions through facial expressions, arms, legs and hands--or nonverbal communication. This can be positive ( a smile) or negative (a frown.)
Chain Store System
A groups of retail stores of essentially the same type, centrally owned and with some degree of centralized control of operation. This would be similar to the public library's system of branches.
The cult of personality
Few brands make the transition from being about a product or service to being about an experience. Those that do manage to create a cult. The true measure of Steve Jobs' worth to Apple and the technology and content businesses is that he helped the company he founded do just that.
The seeds of this cult were sown when the company aired its famous 1984 commercial during that year's Superbowl, the only time it was aired. It flourished through the 1980s and early 1990s, feeding both off and into the counterculture movement, and on the back of some excellent advertising. Among the last was what remains my favourite advertising tagline: bicycles for the mind. The story goes that Jobs was looking up the muscular efficiency of various species and found that humans came in pretty much at the bottom.
AIDA’s theory of selling
The AIDAS theory of selling is one of the widest known theories and is the basis for training materials across numerous organizations. AIDAS stands for Attention, Interest, Desire, Action and Satisfaction.
The AIDAS theory simply states that a prospect goes through five different stages before finally responding satisfactorily to our product.
Attention - Gaining attention is a skill and just like any other skill, gaining attention can be improved upon with practice. A common phrase applicable over here is “First impression is last impression”. The initial attempt of the sales person must be to put the customer completely at ease. Casual conversation is one of the best openers after which the sales person can gain customer attention by leading him onto the sale.
Interest - Once you have gained attention, it is very important to maintain interest. Some sales people are very good in the opening but as the technicalities take over, they become uncomfortable while explaining the product. Whereas others who are strong in the product department might open bluntly but create interest in the second stage. Maintaining interest is a crucial part of the sales process so it is included in the AIDAS theory.
Desire - A sales person has to create enough desire in the customers mind so that he can immediately buy the product. Imagine an aqua guard sales man or a Tupperware sales person, they highlight the product in such a manner that you might be thinking “Why didn’t I buy this product before”. Thus kindling that desire becomes an integral part of the AIDA S selling theory.
Action - Although there may be desire for the product, the customer might not act on it. He might want to buy the product but he might not buy it. In such cases the customer needs to be induced. There are various ways to induce the customer’s needs so that he can buy the product. It is important for the sales person to understand whether to directly induce the customer or whether to push the reminders
Satisfaction – Now when customer is willing to pay, you need to reassure the customer that he has made the right decision. The product is good for the customer and you only presented the product. It was his decision and he is right about it. These small cues post the sales process really give confidence to the customer
Saturday, August 27, 2011
Thought of the Day
"The secret of managing is to keep the guys who hate you away from the guys who are undecided"
Case Study on A Royal Flush
Timons Fisheries in South Harbour, Maine, has been the leading distributor of fish products in the Mid-Atlantic States for the past quarter of a century. Timmons is known for its fresh fish, its frozen fish products and its distribution of exotic fish. Until five years ago, Timmons had experienced continual growth. Although its packaging and distribution workers were unionized, Timmons had been more than willing to pass on to the workers part of the profit made. However, profits have not been very good lately. Consumer demand for Timmons’ breaded fish products have severely declined as the consumer has become more weight conscious. Losing its share of that market segment has meant a financial burden. To help alleviate the burden, Timmons management has turned to the union representatives, its workers, and has asked for givebacks in wages and benefits amounting to $2.50 per hour.
The union feels that the request is unreasonable and that the rank and file will strike if the issue is pressed. Timmons response is that if the cuts are not made-savings that would allow for retooling the production process to regain its market segment- the company will face bankruptcy. As one Timmons vice-president stated, "Two and half bucks less an hour is better than no pay at all. But those union folks cannot understand that".
Business News
- IndiGo to expand ops, rules out fare hike
- Consim shelves share sale plan
- Technical textiles to touch Rs. 1.4 trillion
Finance Glossary
With Average (WA): A marine insurance term meaning that shipment is protected for partial damage whenever the damage exceeds a stated percentage.
Absolute Advantage: A country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another country. Hawks & Doves: These are terms often used to describe members of the Federal Reserves FOMC (Federal Open Market Committee).
Zoning: The creation of districts by local governments in which specific types of property uses are authorized (e.g., commercial, industrial, residential, high density, mixed use). Killer Bees: Those who aid a company in fending off a takeover bid, usually investment bankers who devise strategies to make the target less attractive or more difficult to achieve.
COST BENEFIT ANALYSIS
Meaning
Cost-Benefit Analysis (CBA ) is done to determine how well, or how poorly, a planned action will turn out. Although a cost benefit analysis can be used for almost anything, it is most commonly done on financial questions. Since the cost benefit analysis relies on the addition of positive factors and the subtraction of negative ones to determine a net result, it is also known as running the numbers. It estimates and totals up the equivalent money value of the benefits and costs to the community of projects to establish whether they are worthwhile.
A cost benefit analysis finds, quantifies, and adds all the positive factors. These are the benefits. Then it identifies, quantifies, and subtracts all the negatives, the costs. The difference between the two indicates whether the planned action is advisable. The real trick to doing a cost benefit analysis well is making sure you include all the costs and all the benefits and properly quantify them.
Definition
Cost benefit analysis (COBA) is a technique for assessing the monetary social costs and benefits of a capital investment project over a given time period. The principles of cost-benefit analysis (CBA) are simple:
Dr. A. P. J. ABDUL KALAM
(Born in Rameshwaram in 1931)
Early Life and Education:
Abul Phaqir Jain-ul-Abideen Abdul Kalam usually referred to as A. P. J. Abdul Kalam, was born in Rameshwaram, presently Tamil Nadu, in India
After completing his school education, Kalam graduated in physics from St. Joseph's College, Tiruchirapalli. He then graduated with a diploma in Aeronautical Engineering in the mid-1950s from the Madras Institute of Technology. As the Project Director, he was heavily involved in the development of India
Dr. A. P. J. Abdul Kalam is an Aerospace engineer, professor, and chancellor of the Indian Institute of Space Science and Technology (IIST), who served as the 11th President of India from 2002 to 2007. During his term as President, he was popularly known as the People's President. He was awarded the Bharat Ratna, India
Before his term as India India 's Pokhran-II nuclear test in 1998, the first since the original nuclear test by India in 1974.
Friday, August 26, 2011
Campus Buzz
- On 3rd September 2011 there is a seminar on “Financial Education Efforts of SEBI” at 10:00 AM for senior marketing students. Interested students for paper presentation can contact to Mr. Sanjay Kashyap.
- Due some circumstances Fresher’s party is postponed to 30th Aug. 2011.
- All the seniors can do their programme practice on Sunday 28th Aug 2011.
- The institute would like to congratulate all students who have been awarded certificate of Excellence in various academic & non-academic categories on 17th Foundation Day.
- If any student thinks that he/she deserve to get receive the certificate for any academic /non-academic category. Feel free to contact Mrs. Veenu Sharma.
- If any student who think he/she deserves the foreign Trip. Please contact at office.
Acquisitions on the menu for Nilon's
Pune-based processed foods and pickles firm Nilon's Enterprises Pvt. Ltd is looking at acquisitions to expand its product portfolio, a top company executive said.
The company is in preliminary talks with two investment banks to help it identify assets said Rajheev Agarwal, director and chief executive of Nilon's.
Agarwal, who also has a 5% equity in the company, declined to name the investment banks or the time frame for the proposed acquisition.
“We have looked at three firms till date, but none of them met our requirements", said Agarwal, who is looking for companies for access to new products and brands.
Nilon's has already spoken to banks, including State Bank of India, HDFC Bank Ltd and Axis Bank Ltd to raise up to `400 crore for the acquisition “Funding is available, but the cost of money has increased by 200 basis points in the past one year, which is a dampener,“ said Agarwal, adding: “The increase in interest rates or an economic slowdown will not hamper expansion plans. One basis point is one-hundredth of a percentage point".
Business News
- Citigroup’s Kumar to join Barclays Capital
- Samghvi slated to join Syndicate Bank
- Ranbaxy Names Banerjee new CFO
- Tata Power targets projects outside
India
IT GLOSSARY
Pager
A pager is a small telecommunications device that receives (and, in some cases, transmits) alert signals and/or short messages. This type of device is convenient for people expecting telephone calls, but who are not near a telephone set to make or return calls immediately. A typical one-way pager fits easily in a shirt pocket; some are as small as a wristwatch. Sophisticated one-way pagers can display short text messages.
Password cracker
A password cracker is an application program that is used to identify an unknown or forgotten password to a computer or network resources. It can also be used to help a human cracker obtain unauthorized access to resources. Password crackers use two primary methods to identify correct passwords: brute-force and dictionary searches.
M-commerce
M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal digital assistants (PDAs). Known as next-generation e-commerce, m-commerce enables users to access the Internet without needing to find a place to plug in. The emerging technology behind m-commerce, which is based on the Wireless Application Protocol (WAP), has made far greater strides.
Working towards a happy future
All of us have great things in mind for our career. But what exactly are we doing to achieve this? Your success depends on how you plan your future at work and the efforts you put in to achieve your dreams.
Most of us have to drag ourselves to work each morning, without feeling the urge to do so. The main reason behind this is a basic dislike for the work. However, instead of cribbing and complaining, have you ever thought about what you want from work? Have you been careful about your choices and made plans to achieve your objective? For most of us, the answer would be no. So all you need to do is to understand what you want to do in life and work towards fulfilling your objective. Here are a few starting points that can lead you towards a happier future:
· Know what you want: Take some time out to think about what you want to achieve. Be clear and specific. And when you have decided what you want, write it down. This is your goal. Now that you know what your goal is, planning ahead will become easier.
· Create a plan: With defined goals in mind, create an action plan. Break your bigger goals into smaller objectives and then, put end dates by which you want to achieve these objectives. Next, decide what you want to do to achieve these objectives and goals and assign dates to each task. Keep a track of your plan and act according to the plan to reach your end objective.
· Motivate yourself: Your life and career will go through many ups and downs. It is about how you keep yourself motivated and bounce back again. Remember that downfalls are part of life and only fighters survive and succeed. Be patient and persistent, success will not elude you for long. Meanwhile, be motivated and see how things become simpler.
· Look for opportunities: Opportunities exist everywhere, provided you know how to look for them. Try to look at opportunities within and outside your current workplace. Take help, if required. The most important success mantra this season is networking. So, go out, and network aggressively. Join professional organizations; catch up with old colleagues and classmates etc. Who knows you may just come across the opportunity you are looking for.
· Be easy on yourself: Most of the times, the reasons for feeling sad at work is because of high self expectations. Be easy on yourself and forgive yourself for small misses and failures. You do not have enough time to be sad about past failures. Take learning and forget about the misses. Be happy and you will be in a better position to drive yourself to success. Do not let failure overcome you.
Creating a good future and a successful career for yourself is your own responsibility. Strategies well and be focused. And like they say, there is no substitute for hard work. Work hard and work smart, success is definitely going to be yours.
(Source-: shine.com)
Health tips for Ishanian
Top 25 reasons to get running
Running is one of the best forms of exercise, not only for getting fit but for weight control too. A 30-minute run, three to four times a week, trims your waistline, strengthens the cardiovascular system, improves muscle tone and definition and helps foster a positive mental attitude. Running can also be a great social activity. Here are the top 25 tips on why you should start running today.
1. Running is the quickest way to cardiovascular fitness. You get fitter faster by running regularly.
1. Running is the quickest way to cardiovascular fitness. You get fitter faster by running regularly.
2. Running is one of the cheapest forms of exercising. You only need a pair of running shoes and shorts and T-shirt to get started.
3. Running is easy to learn. Most people have run at some point in their life, either competitively or at school/college, so there is no steep learning curve involved.
4. Running makes you feel good, not only physically, but mentally as well.
5. Running is excellent for reducing stress levels. There is nothing better than a run to clear your head and concentrate the mind. Many great ideas have been formulated on training runs.
Thursday, August 25, 2011
Thought of the Day
So much of what we call management consists in making it difficult for people to work.
~ Peter Drucker
Biscuit firms look overseas amid growing domestic competition
Facing stiff competition on domestic turf, Indian biscuit makers are now looking to expand overseas by forming joint ventures (JVs) and acquiring companies.
While Parle Products Ltd is looking for a JV partner, another biscuit maker is looking to buy a company with distribution capabilities in Turkey, three persons close to both the deals said. They declined comment on the identity of the Turkish company.
Parle is looking at JVs and even investing in greenfield projects in emerging and developing economies, said Pravin Kulkarnii, general manager (marketing) at Parle Products. He declined to provide details of the planned investments or JVs, but said the company is in preliminary talks with Religare Capital Markets Ltd, an investment bank, to look for assets overseas.
Business News
- Barclays may hire 20 people for equities
- Swiss to give banking info since April: govt
- PM, then FM were against licence sale
HR Glossary
Strategic HRM
The process of aligning human resources more closely to the strategic and operating objectives of the organization.
Strategic Planning
The process of identifying an organization's long-term goals and objectives and then determining the best approach for achieving those goals and objectives.
Succession planning
Involving identifying a potential candidate to replace core individual employees either known t be leaving the firm at some point in the future and/or whose sudden departure would pose a risk to the operation of the firm.
Suspension
A form of disciplinary action resulting in an employee being sent home without pay for a specified period of time.
INFLATION
Inflation means a persistent rise in the price levels of commodities and services, leading to a fall in the currency’s purchasing power. The problem of inflation used to be confined to national boundaries, and was caused by domestic money supply and price rises. The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum.
In this era of globalization, the effect of economic inflation crosses borders and percolates to both developing and developed nations. The overall general upward price movement of goods and services in an economy (often caused by a increase in the supply of money), usually as measured by the
- Consumer Price Index
- The Producer Price Index
- Commodity price indices
- Core price indices
Interview Tips - Tips to get your online resume noticed
Job portals are one of the easiest, most convenient and also the most economical ways of going about a job search; but to make sure your search is successful there are some must-dos you need to follow.
You sign up for a web portal and then sit back – waiting for a deluge of jobs to appear in your mailbox… Three months later, you have only those first few, that appeared in week one of your signing up. You wonder if the portal is just a gimmick and begin to lose hope. Sounds familiar? Well here are some handy tips to get your online resume to work for you. Yes, you need to do more than just fill in a few fields and wait, if you are seriously interested in landing a job. Job portals are one of the easiest, most convenient and most economical ways of going about a job search; but to crack it you must know the nuances of doing your search right. (Also read: 6 deadly job search traps) Here are some important must-dos you need to follow.
Completing your profile
The first time you log in, you possibly create only 60% or less of your profile. It is advisable that you complete your profile 100% and this means completing all given fields, the earliest possible. Many job search engines have a matching based technology like shine.com, which match your profile with the recruiter’s desired profile and accordingly throw back results to the recruiter. A completed profile therefore has a better chance of getting short-listed, as there are more fields available to be matched. It may seem like a tedious task completing the forms of any portal, but remember it is well worth it.
Wednesday, August 24, 2011
Thought of the Day
"Good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them"
Case Study on Tata Motors
Tata Motors, earlier known as Tata Engineering & Locomotive Company Ltd. (Telco), was established in 1945 after its parent company, Tata Sons purchased a plant that manufactured passenger carriage under frames for the Indian Railways, from the Government of India. Telco used the plant to manufacture steam locomotive boilers and other engineering products, under the name Telco. The company also entered into collaborations with Marshall, Sons & Co, UK
In 2001, Tata Motors experienced a difficult phase with severe losses due to the decline in vehicle sales, spiraling manufacturing costs and a capacities expansion plan that cost Rs 13 billion. The difficult phase prompted the company to completely re-examine the market and customer requirements. This re-examination threw up several interesting findings.
Discount, Finance plan on revive Nano Sales
Tata Motors Ltd is offering heavy discounts and attractive finance schemes to revive sales of the Nano, the world's cheapest car.
The company is offering a cash discount of up to `20,000 and has also reduced the down payment on financed cars to `15,000 from `35,000 for the base model.
This is nearly equivalent to what one pays when buying a motorcycle, said a Delhi-based dealer, who did not want to be identified.
The company is also offering high tenure financing of up to 60 months through special ar- rangements with major finan- ciers.
The ex-showroom price for the base model of the car after the discount is `1,25,880. The discounted price brings it nearly at par with its launch price of July 2009, `1,23,360.
Real State Glossary
Appraiser
An individual qualified by education, training, and experience to estimate the value of real property and personal property. Although some appraisers work directly for mortgage lenders, most are independent.
The increase in the value of a property due to changes in market conditions, inflation, or other causes.
The valuation placed on property by a public tax assessor for purposes of taxation.
The placing of a value on property for the purpose of taxation.