Posted by MB on May 26, 2009 ·
Although recession has knocked down the profits of major airline company like the British Airways, as reported few days back, Virgin Atlantic managed to increase their profits. Virgin Atlantic, owned by Sir Richard Branson said its profits soared from 34.8 million pounds to 68.4 million pounds. It was a huge blow to its business rival British Airways [...]
Posted by GSerrano on May 14, 2009 ·
The worldwide software market today is upwards of $240 billion annually. This is partly because Gates got most computer users to pay for their software, thus starting a trend. The result was expected. Other software companies followed suit, and likewise charged. But Gates was ahead of the game since he virtually invented the concept of the software [...]
Posted by MB on May 13, 2009 ·
The retail industry has been bearing the brunt of the recession for a pretty long time like all the other major industry. However, with better results in the January and February after months of continuous poor results, the retailers were beginning to raise their hopes. Others in the industry were also heaving a sigh of relief. However, with the March [...]
Posted by MB on April 30, 2009 ·
It could be a major concern for the mobile makers, with the depressing first quarter results of 2009. The sales of mobiles phones have gone down as the consumer spending decreases drastically. This has been the scene of almost all the major mobile phone makers.
Nokia, although it has the largest market share worldwide, reported that there was a dip [...]
Posted by MB on April 17, 2009 ·
Sony Ericsson, the cell phone manufacturer may witness steady sales this season. The demand for the consumer durables have been very sluggish with recession knocking on every household. Unemployment was another reason why the customers were tightening their purse strings.
Sony Ericsson has reposted that there was a positive sign in the market and [...]
Posted by MB on April 15, 2009 ·
Although the Obama government is doing all it can to stabilize the economy, things are still not in great shape. Retail sales fell by 1.1 percent, which is an unexpected fall in last three months.
A huge drop has been witness in the auto industry as well. The brunt of the economic recession is still being borne by all, be it clothing store, appliance [...]
Posted by MB on March 24, 2009 ·
After the recent turn of unfortunate events for Satyam, the Indian IT major, it is now in the news for deferring the joining dates of 9000 freshers. These freshers were selected from the 2007-2008 batch who were given offer letters during December 2007 to June 2008.
The HR head of Satyam, Mr, S.V Krishnan said that all the candidates were emailed regarding [...]
Posted by GSerrano on March 22, 2009 ·
The debate over leadership versus management will not help organizations as this debate only produces useless stereotypes. Leadership and management are both important, but they seek to do different things. Management has the inherent implication that if the organization is doing well, little or no change is needed. However, the business environments [...]
Posted by GSerrano on March 9, 2009 ·
Marketing has moved away from macromarketing and into the age of micromarketing. The underlying concept is market segmentation, and the overall mission is to better serve a diversity of markets. What marketers are trying to do is identify segments within the marketplace where they can position their products.
Market segmentation is not a fad. The underlying [...]