When a crisis comes, usually the first reaction of Senior Management is to reduce costs, downsizing, shrinking product lines and taking conservative measures. Are these actions correct? The answer will depend on the ultimate goal pursued by the company faces a crisis as a defining crisis of the following: significant loss of market share, falling prices, falling sales volume, income from foreign or stronger competitors, consolidation a local competitor and / or loss of customers strong. What is the impact of measures taken quickly to the crisis? Include: permanent loss of market share, loss of credibility with customers and suppliers, loss of major human resource and loss experience of new business opportunities. But we do face a crisis? Many are surprised when someone tells us if the market is depressed and its business is in crisis: you should invest.
It’s an expression we can counter it by saying: Are you crazy? Want to invest today I am in difficulty to lose more? No, my dear reader. When a market is in crisis not only affects you, affects the other competitors, so the best strategy to develop the Crisis will survive and win the market. (The only exception is if you or the administration, and decided to go out of business). Mention some alternatives and recommended actions in a crisis: 1. Do not stop investing. Do not say you spend a lot, just that you should not invest. Do not stop upgrading machinery, updating systems, procurement of equipment for new products or projects.
The Consumer Price Index (CPI) determines the fluctuations in prices that consumers have with respect to their purchasing power. this together with taking into account the variables that are in the bag with regard to tariffs, it is clear that this analysis figure is important to establish the true possibilities of the family budget. Likewise, the subject not only to the exchange market deflation lists, where it becomes clear that the power of the currency will not be as stable as the beginning of the year, but will fluctuate too much. The other way the IPC 2010 is going to be influenced by the negative rate of 2% compared to the sustained growth of overinflation, which in other words mean more cuts in spending and a lower share of competing products directly entering the stock market. And if market conditions are not balanced, we find that the CPI 2010 is more crude in terms of opening economic opportunities if we are talking about productivity expect some decline in the elucidation of the CPI 2010, but ultimately not very productive if we are talking about terms of performance. Now, the IPC 2010 can establish a parameter in the next decade of the twenty or at least his first few seasons are used to a greater asset coverage. In such a way that given the structural conditions of trade financing and the use of different promotional methods austerity and stock, or from cost-cutting measures in general or financial analysis of the rise and fall in the products The CPI 2010 is ready to face all kinds of business challenges that Spanish society and are beginning to manifest. Ultimately, performance is now determining the rules of the overall market is consolidating, with the gradual acquisition of goods and services: an overview of benefit to the CPI 2010. Reference:
All we know is not so easy to reach our first million dollars. But that does not mean we will not be able to attain wealth. All things are a matter of time and more if we are young posbilidad to withdraw the rich are much more possible. Now I will write some ideas to achieve financial freedom so desired. 1) No Spending on things that do not need to have the defect Many people spend their savings on products and services that do not need. Even small but repetitive costs can generate the same effect.
But it is important to gain a position in relation to introspect the expenses to get to attain wealth. This does not mean that one can not enjoy life, but rather to exercise restraint. 2) Plans on Retirement Funds Unfortunately retirement plans are things that do not think young people today. Now I will explain why they should be borne in mind: Have a retirement fund means that starting with a certain amount of money you can have a larger amount later in our life. If inviertieramos $ 3,000 from age 23 to 65 with an interest rate of 8% would have $ 985.749.
But if we wait 10 years more and contribute only $ 5,000 per year would have $ 724.749. Higher contributions will not be able to replace the lost time. This strategy is not so that one has a background in which to live when I grow old, but an opportunity to invest in many funds now listed on Wall Street and with great possibility of growth.
If I hurry, I would say that was dedicated to solve problems by generating new problems (even more serious than those who sought to solve). The case already known to all is the issue of withholding mobile alternative chosen by the need to increase revenue. You could say that the deductions mobile agricultural exports have been the straw that broke the camel and unleashed a conflict that has already acquired a historical dimension, not only for the duration, but also by the level of support given to the agricultural sector (clearly shown by the call for about 300,000 people at Sunday’s ceremony.) All this frightened not only to international investors, who were the first to undo their positions in the country, but also to local small investors. So, international investors have been fleeing the country, while local savers, with very fresh memories of the last crisis, sought refuge in the greenback in spite that the combination of a nearly fixed parity with the weight and inflation rate above 20% would be generating a negative return. And here comes the issue of international reserves of the BCRA and why my response to this friend of mine. Although many market commentators harshly criticized for its Central Bank reserves accumulation policy, its owner, Martin Redrado, justified this goal by “the need for anti-crisis fund, in the absence of an international lender” ..
. A phrase repeated until they talked to sleep. Logically, this argument was not valid for the market in a context where the main concern of the Argentine was the subject of inflation, while it was almost unthinkable a crisis this international magnitude. But since early 2007 with the turmoil in Chinese stocks, the market has been tested to Argentina. And the country has been without major difficulties to overcome each of the tests it has had to face.
The Central Bank is resisting the onslaught of the market. This has had to relinquish part of their reserves (over U.S. $ 1,500 million in recent weeks). I have no doubt that the monetary authority will be able to pass this test without problems. Firepower has (just under U.S. $ 49,000 million). But beyond that there is no threat in the short term, this situation should call for the reflection of the government. But for the level of reserves held by the BCRA, the situation today would be totally different. Perhaps, before a sharp rise in the dollar, the financial system had been an attack that would have brought to the brink of collapse. Do not forget that ordinary people still keep the fears of 2001. What is happening in the Argentine financial system and exchange market are red flags … Do be watching the government?
The world has and is undergoing a constant process of development. There have been various figures and organizations that have made room for the expansion of different fields of action, allowing it to push forward a better way certain activities of great importance in any society signifying the presence of better conditions in certain fields of action such as occurred with the appearance of banks, which through its activities gave way to new interventions in the world through money and manifestation of various figures and terms of the field financial statements, which undoubtedly represented a major contribution to individuals and societies. To better understand the involvement of banks in society, it is appropriate also instructive to know a bit of history that accompanied the emergence of such institutions and conditions have accompanied the history of the banks. Before addressing the substantive issue, it is convenient to say that one way or another have always been banks in the conformations of social groups, taking into how many people have always had to use different ways of financing ideas and projects that may not satisfy the conditions for organizing a bank, but basically perform the same function, as well as seeking the same ends. Turning now to the issue of banking history, we can say that these were born mainly with the idea of supplying different needs such as making simple exchange transactions and credit, but a personal level and not large amounts, however investment needs and spending were to increase, which made room for the emergence of new services and expanded roles and greater involvement by the people who provided such services, plus more and more people requesting such services, which had result in a more organized, from simple lenders more complex organizations. With the constant development and increased administrative organization began to build what would be the banks and the fourth century BC in Greece are public banks, which apart from some credit and exchange, were responsible for collecting taxes and minted the coin in Rome banks are generated at both private and public, where the figure had great presence of mutual credit , but later in the time of Justinian, regulates different provisions allowing for annual interest rates. After that came a season of stagnation in the history of banks, up over the centuries XII to XIV, where the bankers of Italy developed significantly change operations, which said that banks were born as we know Currently, since not only managed currencies, but bills of exchange and provisions of domestic and foreign money. The peak of the Italian intervention in the banking history is when bankers and traders moved to Switzerland, a point from which spread to a large number of places in Europe, which participated in the financing business and applied personal loans guaranteed collateral and even public authorities. From this point of banking and banking history a boost achievement, achieving results in the complete installation of systems that came to international levels.
Most people begin to think about investing their hard-earned dollars when they have a few extra. Almost everyone understands the importance of saving: putting away a little bit each day/week/month until a sum has accumulated for some specific purchase or need which was anticipated, like a new bicycle which a child might save for, or a college education that parents will save for their child.
The problem with just storing away a little money periodically is that the modern world is a world of change and a certain amount of unpredictability. Very often inflation will eat away at the value of the money you have saved. For instance, when a child is born we can assume that a fund for college will be used in about 18 years. If a college education costs about five thousand dollars a year for four years, that’s 20 thousand dollars which will be needed. All the parents need to save is about $100 each month to meet this need. But what happens if that same $20,000 education costs more like $100,000 after 18 years have passed? This is exactly what has happened to children who were born 20 years ago today.
The solution to this dilemma would have been for the parents to have invested their money in a fund whose value increased each year, hopefully keeping up with the inflation that caused the college education to rise in price so dramatically. This is the value of investment, and why ordinary people should try to invest their savings whenever possible.