Cheating Whatever The Cost

Cheating Whatever The Cost

Recently two hundred students were caught cheating on a business exam at the University of Central Florida, and the sad part about the whole situation was that these students were senior students who were only 2 months out of graduation. The professor who catches students gives them an ultimatum to come forward and admit their dishonesty or face severe consequences.

Cheating in The Academic Environment

Cheating is not acceptable whether it is in the academic environment or the business world and should not be forgiven. The above situation when students are surveyed about what they think is divided equally with some agreeing that it is wrong to deceive and others feel it is fine and that everyone cheats at one time or another.

Unfortunately, cheating, especially in the business world comes from the actions of others in the past and to get business at any cost, and for students who take the attitude to get their degree at any cost or whatever is needed.

Cheating in The Business World

Cheating Whatever The Cost

Do you want employees who take this attitude in your organization? If so be prepared for many headaches and sleepless nights. An employee who will do anything to get business, cover up mistakes or hide the truth is certainly not what you want in your organization’s team. You have to ask yourself, will he betray the company to make a profit?

Case in point: I know an employee who manipulates inventory numbers to cover product damage for a reputable client from a distribution center so the company can go out paying obligations. The clerk explained this to the Vice President and general manager of the center and they liked his ideas and felt he kept them. What should happen is to explain the situation to the client, balance the inventory and try to ensure that it will not happen again through some kind of corrective action.

When a company operates at this level, you must be very careful in dealing with them. How do you know if a company is like this? You can:

  1. Look for other companies that have dealt with them
  2. Check with better business bureaus or other organizations that collect information about companies at the local, regional, and national levels.
  3. Trust your feelings when negotiating with them. If they make it hard to believe claims then that might not be true.

Cheating Damages The Reputation

Any cheating is despicable because it damages your reputation as a person and company and none of that is immune. When you find yourself in that situation, stop and ask yourself if it is worth risking your business, work, and family and if your hunch says no! then don’t do it. It is always best, to be honest, and get ahead with things then cheat your way through things.

Students at the University of Central Florida do not know that professors will expose their cheating now they face a difficult dilemma whether they have to advance and lose face by having to take … Read More

Can Female CEOs Make Technology Business More Profitable?

Can Female CEOs Make Technology Business More Profitable?

Women taking key seats in the upper echelons of business have become commonplace. Now, more than ever, the increase in the number of women in a male-dominated industry is important. Proving this trend, more and more women workers are now making it a global company. Women have been assigned – as engineers, as consultants, and more generally today, as CEOs of global companies that focus on technology.

Female CEOs

The most interesting recent appointment in the technology community is from Virginia “Ginni” Rometty, the first IBM female CEO, one of the largest technology companies in the world to date. Before becoming CEO, 54-year-old Rometty was the honorary head of IBM Sales and Marketing which is highly credited for his leadership in international business marketing and the company’s global strategy, and his contribution to IBM’s revenue in 2010, which exceeded $ 99 billion.

Just a few weeks ago, Hewlett-Packard Co. chose Meg Whitman as CEO. In October, Mylan Pharmaceuticals’ selection for Heather Bresch as CEO had set a new record on the number of Fortune 500 female CEOs, with 18 women holding top positions in the company.

Can Female CEOs Make Technology Business More Profitable?

In an interview with The Grindstone, an online publication aimed at and featuring women, Laura Yecies, CEO of online synchronization, file sharing, and backup service provider SugarSync, believes gender “is a neutral factor” to be successful in male domination. business landscape.

Although the application of business strategies and software opens up great opportunities for his company, Yecies designs strategies for self-empowerment, consciously enhances his career by obtaining further education degrees, seizing leadership opportunities, and gaining as much experience in the field as possible.

Gender Diversity

Meanwhile, “gender diversity” between male and female employees in the workplace, in general, remains broad, with women still struggling to mentor and for the same pay. Watermarks CEO Marilyn Nagel has revealed that there are a number of women leaders in the technology industry mainly because the technology business is not interested in structuring women’s leadership pipelines. As a result, not many women move up the stairs as fast as men, proving the latter’s control of the corridors of business power.

Inherent Characteristics of Women

Citing expert opinion, USA Today underscores that when it comes to company management, the trend is to get employees who follow certain “sanctioned behaviors” – which often translates to “aggressive, unrestricted, and direct behavior” that is usually exhibited by men and because it’s getting shot up the corporate ladder. Women, in general, have also been found to be “risk-averse” than most men. These inherent characteristics of women may prove useful in the decision-making process which involves cutting costs, reducing debt and saving money.

Leadership Entirely Related to the Person

While the decision to direct female technology giant gets attention, the sample size of female CEOs may not be enough to draw conclusions, and linking performance with gender also proves to be unfounded. The Chicago Sun-Times might have stated it correctly: good corporate leadership may be entirely related to that person, and it has nothing … Read More

Advertise For Success

Advertise For Success

Marketing gurus as well road side vendors know that value of good advertising. It won’t be an exaggeration to say that Advertising is what makes a business successful. Every industry and professional takes help of advertising to make people aware of their products or services. Be it a real estate agent, Shoe Company, fast food chain or a superstore, all invest heavily in advertising.

You must have noticed that some companies with not that great product or services are successful and very popular. In fact there are other companies which are selling similar and many times better services/products but are not that successful or have not caught the imagination of clients. Have you ever wondered why Pepsi or McDonalds’s are such popular brand regardless of the fact that the products are not exactly top of the line? The answer lies in their marketing and advertising.

Advertising is the key to any business’s success. Whenever a company cuts down on advertising budget, a dip in sales and revenue is slow seen immediately. This is the sole reason why you see advertisement all around you. Every second of the day we are bombarded by advertisement. Switch on television, you will see constant stream of ads. Go to watch a movie and you will see product placement. Listen to radio and advertisements are there also. Websites are also filled with ads vying for your attention. While driving you will see billboards everywhere – buildings, buses, streetlights. Every imaginable place is fit for advertisements.

Even if you won’t be able to afford to a BMW all your life, you know about it latest series. All thanks to advertisements in T.V. or magazines. You may probably identify lot of products just by their logo just because you see their ads throughout the day. Some of the most recognizable logos belong Coco Cola, McDonald’s, Nike, Google, BMW etc. All have built up their brand image and recognition by incessant advertisement on all forms of media.

For a budding Entrepreneur Advertising is even more important. S/he is a new entrant in the industry with no previous background, almost zero brand value and no recognition. For success, an entrepreneur has to undertake a publicity campaign to make the target audience about the products and services. Advertising can be in many forms. At the most basic level, it may mean flyers, brochures and business cards. Business cards can be a very cheap and effective form of advertising. Give out business cards to as many people as possible. Same steps for the flyers and brochures. This should be a continuous process. Let everyone know about your business. Other forms of advertising can ads in local magazines, sponsoring a local event, hoardings etc.

Advertise For Success

One newer method of advertisings is the internet. Banners and text links on websites can be very effective in bringing more customers. Google AdSense is one such popular adverting method. The bottom line is advertising is a never ending cycle which needs to be conducted consistently and diligently … Read More

How to Counter Recession

How to Counter Recession

While everyone lament shortage of money during recession, one sure shot way to be financial comfortable is often not heeded. The way is to reduce the expenses and needless purchases. The expenses may include foreign trips, home makeover or any new gadgets. Any purchase that is not essential and can be put off should be put off for the future when the cash flow is much better.

For most people, these times are trying and hard. The economy is not going to get better anytime soon and in fact, we may see a double dip very soon. So while government does it part to manage economy, we can help ourselves to make our lives tad easier in this downturn economy.

1) Love your Job: First casualties in recession are new jobs. Companies stop hiring new recruits and in fact lay off many jobs. At this time the best job is the job you are holding. So, stay put where you are working right now and work hard. Banish any thoughts of finding job in any other company and cement your position in your current job.

2) Cost Cutting: Cost cutting is just not for corporates. You too should avoid lifestyle purchases like new smart phones, laptops, play station etc.

3) No new Loans: Do not make any purchases which mean new Loans. New cars or house are a strict NO when there is no job guarantee. EMI may mean additional strain on your budget. In a scenario where you can be laid off or you may face salary cuts, this is suicidal.

4) No Risky Investments: This is a time for conserving your resources. Do not invest in risky avenues like equity. Only invest considering your risk appetite. If you are in a business, then hold off your business expansion plans. Slow market may mean that you won’t get returns soon or as expected.

5) Insure yourself: Even in downturn you need health and term Life Insurance Plans. Make sure that in your absence, your family can live comfortably without any fear of future. One basic rule is to have a minimum of 12 times the annual income as life cover in a term plan.

6) Continue SIP: During the recession, the stock market also will be low. This is the time when you can get best shares at cheapest prices. Keep faith in SIP to minimize your loss. Do not stop systematic insurance plans as you will loss the advantage of cost averaging. Cost averaging has two facets – buying more when the market is low; growing all when the market is high. We buy more units for the same investment, as the units of the mutual funds at a lower NAV (Net Asset Value). By stopping the SIPs we loss out at the buying more stage. This will also mean that you lose out during grow-all stage as you will not have adequate units in your hands for them to grow.

7) Learn: During downturn, it’s the survival … Read More

One Thing is Clear – Health Food Franchise Explodes in Recession

One Thing is Clear - Health Food Franchise Explodes in Recession

One Thing Is Clear: Health Food Franchises Erupt in Recession

Many good things have come out of recession, the biggest, I believe, with people getting better and pooling their resources to improve their communities and small businesses and franchises. While some franchises did experience a decline during the recession, others have surged. The difference between “needs, needs,” junk “done without (including food) and more attention and concentration on improving one’s family’s health and togetherness.

With the lack of jobs in the public and private sectors (in other words, “traditional” jobs), people are more creative than selling goods on eBay and other similar outlets to make ends meet. But what if this effort is ‘supported’ by a giant conglomerate? Wouldn’t there be more support and a higher level of success because of the parent company’s expertise to create a joint venture? This is where franchise opportunities come but not every franchise is created equal.

How to Choose or Make a Successful Franchise in a Difficult Time

Just because you like food at MacDonald’s doesn’t mean the franchise will succeed. More and more people cook at home and leave the fast food entity behind. Well, outside once in a while pizza is bought at a grocery store. People have re-evaluated their priorities and, right above, are: saving money and becoming healthier. The meal became “out” and people welcomed the crock pot and other cooking ‘machines’ back into the kitchen. The point here is that if you are considering getting a franchise, you need to see what trends people want from what they want.

One Thing is Clear - Health Food Franchise Explodes in Recession

Do Your Franchise Homework AFTER Building What People Want

Run a search on Google for “popular franchises.” In addition, run a search on what items people buy. In addition, run a search based on current public interest. Quite a few things that are suitable for “go green” are good. You can become a franchise of a solar panel company and offer your products and services to residents in your community. Health food and natural healing techniques are also at the top of most people’s lists. “Healthy Eating” and recipes are getting stronger. Likewise franchise companies that offer this rate.

Planting a home garden is another feasible consideration. Even though there are many people who claim not to have a green thumb, becoming a franchise from a local nursery offering such assistance is very popular right now. Think a little outside the box. You don’t know whether a local farmer, for example, will offer a franchise or commission based on the sales you produce because your expertise in helping people stretch with ‘edible food’.

Understand How Franchise Works

There is strength in numbers and even this is your first time building a franchise; assistance is only e-mail or telephone away. Many companies “send troops” to help you organize and find out the best way to operate a franchise. After all, the ‘parent’ company has a “blueprint” of what has worked and what hasn’t. To further assist you in understanding franchising, … Read More