Monday, October 26, 2009

Other Paragraphs for Why Amazon Rules Retail

This article showed me that some people in this world don't work hard and don't like their jobs. This article the man wanted to find a simple product that shouldn't of been a problem but the workers at the store were lazy and just steered him in the wrong direction. I don't blame the man for leaving, I would of been very frustrated and would of left as well if two employees at a store couldn't help me.
This article showed me to always be good at whatever you do. Whatever I end up doing with my life I need to do whatever it takes to be the best and if people need help I need to be there for them. Even if I don't know the answer to someone's question I know I will need to give them to someone that can help them. It was the employees job at the store to answer questions and show people what they are looking for. The employees at the store in the article didn't do their job and they lost a sale because of it.

Why Amazon Rules Retail

In the article Why Amazon Rules Retail it starts off with a story about a man trying to find something from a retail store and he couldn’t find it anywhere. In the article Why Amazon Rules Retail it says from the story about the man in the retail store that people working at various retail stores are of no help and don’t want to help when you ask questions. In the article Why Amazon Rules Retail the man didn’t want to deal with people that were clueless from the retail store so he headed home and went on Amazon to purchase Windows 7 professional. In the article Why Amazon Rules Retail it is also stated that the second lesson from the article is Microsoft’s Windows 7 is built entirely around selling new PC’s not upgrades.

Sunday, October 25, 2009

Fed & Treasury Pitch Pay Rules, But Will They Work?

The Fed and Treasury had a huge impact by unveiling a sweeping compensation rules that apply to executives at banks and other financial companies. The treasury has rules that apply to seven companies that have gotten an extraordinary taxpayer aid. These companies include AIG, Bank of America, GM and Chrysler to name a few. The Fed takes their proposals and they consider formalizing them after a 30-day comment period. This will tell the bank holding companies just how the agency intends to assess their pay practices. Kenneth Feinberg has a policy to pay only for the top five executives and the 20 highest paid employees at each of the firms. This will result in various government bailouts. The main focus is on swapping big chunks of cash in salary for stock and replacing annual bonuses with restricted stock. In Feinbergs words “salarized” shares belong to executives immediately but they can only cash it out over the course of three years. In the article they say the better approach would have been to fine tune each executives pay package to his duties mainly for the ones responsible for specific business unites instead of the firm as a whole.

The Economy: Beware the Bottlenecks

The article starts off by saying there is a nice thing about a recession and that is everything is on sale. James B. Bullard is the president of the Federal Reserve Bank in St Louis and he brings up the idea of the recession of 1774-1775. He says that the Fed overestimated the amount of unused productive capacity in the system. In result of this, the Fed kept a monetary policy that was to easy and wound up with high inflation. Economist, business executives, and supply-chain experts believe that shortages are short-term problems that wont harm the economy as a whole. They think the big risk will come from deflation. The auto industry is most vulnerable to supply disruptions even with the massive decline in sales. Automakers have decreased their capacity and this has help sustain prices. Cash for clunkers has produced shortages for Ford vehicles like Escape and Chevy Cobalt. To end the article it says that the central bank needs to be prepared to fight a war on two fronts. The fronts that he is referring to are inflation and deflation.

Monday, October 19, 2009

Wal-Mart

Wal-Mart is a big global market and it rates among the top give global retailers. Wal-Mart had a strategy called big box low price model. This was an effective strategy in the United States but in some other international countries like Germany and Korea it wasn’t such a success. Four countries like Japan, India, Russia, and Chile are trying to seek new sources of global wealth and they are struggling doing so. Wal-Mart has had many different types of issues while in Japan. Some were managers resisting its initiatives to tendency among Japanese shoppers to compare prices with other products. Edward Kolodzieski is the CEO of Wal-Mart in Japan. He has 20 stores and cut 29% of corporate staff since he has been appointed CEO. India and Russia are the two worlds fastest crowing retail markets and the two most frustrating for foreign retailers. Best Price employs 25 people to go around the region and check prices at other competitive stores and make sure that Wal-Mart has the best value. It says in the article that 10 to 15% of Best Price products currently go right from the field to the shelves. They want the number to increase to 40% by next year. Wal-Marts in Russia are not doing well and it said the 35% of the companies stake was sold to TPG a private equity arm. Wal-Mart has increased D&S’s expansion budget from 150 million to 250 million and that money will go towards 70 stores next year.

Industrial stocks are up 27% in the last three months. Some of the big industrial companies that are making more and more money now are General Electric, Technologies, Caterpillar, and Honeywell. Since the economic disarray that started in 2008, companies have been liquidating their inventories at a rapid rate. In the article it says that the U.S. needs to export more and import less. A weaker dollar is said to benefit this idea. Gary Wolfer a chief economist for Univest Wealth Management believes that the world and the U.S. economy will bounce back strongly. He backs that up because the stock market is getting better and energy prices are better. The U.S. economy needs industrial firms like Caterpillar and UPS to do well because other parts of the U.S. economy aren’t doing so well like home construction.

Monday, October 12, 2009

bad web site URL

http://www.americanbeautybordercollies.com/

Sunday, October 11, 2009

new web site

Apple is a big company that has a good website. Having a company like that it is essential to have a website especially in today’s society were people spend a lot of there time on the internet. To start off, they have everything labeled in bold so it’s easy to see what were looking for. They have pictures of there products on there home page as well as different downloads and supports for there products. They also have videos that you can watch on some of their products so you can get a visual understanding of what the different products are. They have all of there big products on the site and everything is very accessible and easy to understand makes and that makes a good site. www.apple.com

Bad web site

This website is awful. I don’t know what its about but they have random items on their page that have absolutely nothing to do with what the company is. The company is a Cherokee Rose Border Collies and there is a skeleton on the home page with a rat on it. There is also a glob with hearts rotating around it and music in the background that is annoying. There is a castle that looks like it is from the movie a nightmare before Christmas. There is also a bunch of random icons on the page including the playboy bunny and I am sure that has nothing to do with the company. The worst part of the site is the bottom has 7 presidents that are dancing. Just really annoying to look at and doesn’t catch my attention like other good websites.

Gary Vaynerchuk's startup advice

Gary Vaynerchuk is building an obsession with wine, internet, and business. He has a book called Crush it and it is about technology and passion. He thinks building a business is about picking a specialty you love, build up your reputation, and make money by selling advertising. Vaynerchuk turned a family’s small liquor company into a wine company that makes 60 million a year. There was a study that said passion and self-efficacy is the measure of confidence and how a company is successful or not. Paula Davis has been making soap by hand as a hobby for 4 years. At one point she wanted to return to her old job as a legal assistant, but she didn’t want to put her kids in day care during the day. She sold her company to Canyon Creek and Soap on Amarillo Texas she just wanted it to be something small until her children got older. Five years in, she is still continuing to make soap selling wholesale to private label products in stores. She is said to of maid 65,000 in revenue. Vaynerchuk wants people to rethink their priorities in there business aspect and what they do in life.

Washington Revives the Mortgage Cramdown

Many hope that a renewed push to allow cramdown and this would let bankruptcy judges adjust the terms of home loans to give borrowers relief. Cramdown is hated by the banking industry some democrats think that the effort to fix the housing mess is not going as well as it hoped. Ecconomy.com says that 3.8 million homes will enter foreclosure this year that is a 41% increase from 2008. Lenders want to avoid the loss they take from lowering what homeowners pay. Institutions are largely innocent of the worst excesses of the crisis and tend to be viewed favorably on Capitol Hill. President Barrack Obama supports this during his campaign and soon after his election. There are people that say the administration did little to push for passage of the bill. It is said that Obama was unwilling to place further stress on already fragile banks. Durbin is said to attract senators to embrace the bill of these foreclosures continue to surge.

Wednesday, October 7, 2009

Kindle goes international

In the article Amazon Kindle goes international, amazon’s product e books allows readers to read a online in the U.S. and is planning on going to 100 other countries. Having a product like this for other countries will be beneficial and could make amazons profits go up. Kindle international e-reader is cheaper than all other rival products sold in countries around the world. Kindle used to sell for $299 and today it is being sold for $259 and they are selling for rapidly than ever before.

401(k) article

In the article it says that U.S. workers have suffered 24.3% losses on their 401 k accounts in 2008. At the end of the typical 401 k year, an investor has about 56% invested in equities and 41% was in fixed income securities. The biggest statistic is 72% of workers held a 20% less of their account balances in company stock. Also 7% of 401k investors had more than 80% of their accounts balanced in company stocks. The risk factor is at an all time high for workers and it could get worse.

Smart grids

Cargill is a carving knife that is having problems with its electricity. The bulls are at an all time high now at 2 million a day. The company needs to get this number down and they believe that will come from a smart grid. This is a system that distributes energy to home and businesses around the country. IF this is done the correct way bills will be cut down and it will give users more of a say in what energy they want to use. A company called Electric Power research institute is producing a smart grid but is said to cost 165 billion or 8 billion a year for 20 years. This seems like a pretty big investment of money for something that hasn’t really been used to much. Having a product like the smart grid will give customers a choice when they are purchasing power and having a something like this will get more people wanting to purchase the product. California utilities are leading the way for smart grids so far. In Northwest Arkansas this past winter Cargill ran its generators for six days straight to keep producing turkey meat when others didn’t have any power. Having something like the smart grid has been beneficial for companies like Cargill and electric power research. Smart grids can change electricity in the future.