tag:blogger.com,1999:blog-22648967Mon, 02 Sep 2024 07:30:44 +0000Business NewsFraud ChargesReal EstateAcquisitionsCEOCurrency TradingHuman ResourcesLabor RelationsMarketing Strategyhttp://businessrecipes.blogspot.com/noreply@blogger.com (Unknown)Blogger41125tag:blogger.com,1999:blog-22648967.post-6859588477819306922Wed, 27 Feb 2008 09:33:00 +00002008-02-27T01:46:08.161-08:00Fraud ChargesI cannot help but observe that most of the white-collar crimes committed by top executives are in manipulation of financial statements. Just read this news about the conviction of the executives of the largest insurance company.Excerpt of the news. Read the entire news here.HARTFORD, Connecticut - Five former insurance company executives were found guilty Monday of a scheme to manipulate the http://businessrecipes.blogspot.com/2008/02/five-found-guilty-in-aig-stock.htmlnoreply@blogger.com (Unknown)2tag:blogger.com,1999:blog-22648967.post-9185103108423321478Mon, 18 Feb 2008 09:58:00 +00002008-02-27T02:08:25.724-08:00Real EstateAt the height of the real estate boom, I know that somehow is going to burst. Many people I know who do not have the financial capability to pay a mortgage was able to buy a house. In less than a year, they were able to refinance. From the proceeds of the loan and debt restructuring, they paid some of their credit card bills. After the money dried up, they were faced with the problem where to gethttp://businessrecipes.blogspot.com/2008/02/wall-street-role-in-mortgage-meltdown.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-2344107734676221908Wed, 09 Jan 2008 00:16:00 +00002008-01-08T16:25:57.809-08:00CEOHealthy trend led to decline in sales of snack foods which have lots of sugar or full of carbohydrates. Thus, the CEO of KRISPY KREME who failed to improve the sales performance of the food chain resigned after two years.This is what they failed to anticipate when people are already complaining about obesity among children.Here is the news from BBC. Krispy Kreme Doughnuts boss Daryl Brewster has http://businessrecipes.blogspot.com/2008/01/krispy-kreme-ceo-resigns.htmlnoreply@blogger.com (Unknown)2tag:blogger.com,1999:blog-22648967.post-784852155124004427Fri, 07 Dec 2007 11:50:00 +00002007-12-07T04:47:45.944-08:00Business NewsOne of the whiz kids who made billions at a very young age is going to marry. So what can he ask for? He's marrying a PhD student and is going to wed in an island that is owned by the best man and is being rented out for 46,000 a night. Guests expected are about 600. How many of them are billionaires and millionaires. Take a guess.This is the excerpt of the news:Google co-founder Larry Page is http://businessrecipes.blogspot.com/2007/12/google-co-founder-page-is-going-to.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-1866918508671004002Thu, 06 Dec 2007 12:37:00 +00002007-12-07T04:48:43.833-08:00Real EstateDespite the criticism on the plan Geroge Bush won the agreement to freeze mortgages. President Bush will announce this afternoon an agreement with major mortgage firms to freeze interest rates for five years for financially troubled homeowners -- a plan advocates say will help forestall a major foreclosure crisis but some conservatives say amounts to a bailout of people who made bad financial http://businessrecipes.blogspot.com/2007/12/freeze-mortgages-agreement.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-4732902141410184401Sun, 16 Sep 2007 22:37:00 +00002007-09-17T15:48:58.705-07:00Business NewsLabor RelationsThe negotiation table between the management of General Motors and the United Auto Workers union is open as the previous contracts expired last Friday.The members of the union were informed that there may be a possibility of strike if the negotiations do not progress.Excerpt of the news:General Motors and the United Auto Workers union yesterday continued negotiations for a new labor contract thathttp://businessrecipes.blogspot.com/2007/09/general-motors-management-and-labor.htmlnoreply@blogger.com (Unknown)1tag:blogger.com,1999:blog-22648967.post-7716455695355772098Sat, 15 Sep 2007 22:56:00 +00002007-09-17T16:11:18.168-07:00Currency TradingSeveral elite families in the hilippines lost millions of dollars in the currency trading managed by one Singaporean-based company. The CEO just disappeared and the officials left behind are being sued by the people who claimed they were victimized by the corporation.In Japan, women too lost a lot in the credit crisis that shook the world of the currency speculators.Here is the excerpt of the http://businessrecipes.blogspot.com/2007/09/when-housewives-lost-in-currency-market.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-2138882131336044530Mon, 02 Apr 2007 17:40:00 +00002007-04-02T10:53:12.375-07:00AcquisitionsCorporations can expand by choosing among several alternatives:1. Develop a new product with a ready market.2. Develop a market for a new product3. Buy an existing company with a product and already with a marketThe third alternative can be costly depending on the market value of the business to be acquired but it may be worth the price since there will less effort in the marketing department ofhttp://businessrecipes.blogspot.com/2007/04/xerox-to-buy-global-imaging-systems.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-5580645822399224988Sun, 01 Apr 2007 17:10:00 +00002007-04-02T10:51:17.026-07:00Human ResourcesI have been a customer of Circuit City for more than ten years. The reason why I prefer this store when I buy electronics products instead of Costco where I could get it at much lesser price, is the assistance given by the sales personnel. They go out of their way to explain the features, unlike in another electronics store which folded up a few years ago, the sales personnel did not give a damn http://businessrecipes.blogspot.com/2007/04/circuit-citys-plan-to-fire-employees.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-3233178300394118790Mon, 26 Mar 2007 18:14:00 +00002007-04-02T11:22:25.606-07:00Fraud ChargesWhen top brass of an ailing corporation hides it's financial health from creditors and investors, he is committing a crime, fraud.This is exactly why a former top government official of White Hpuse who bcame a CEO of a private corporation was indicted together with the other chief officers Stockman, 3 others, face fraud chargesFormer White House budget czar, three others, accused of wrongdoingThehttp://businessrecipes.blogspot.com/2007/03/stockman-3-others-face-fraud-charges.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-881653849913313954Sun, 28 Jan 2007 21:56:00 +00002007-01-28T14:26:34.469-08:00Marketing StrategyCingular's posted an impressive profitability performance despite its low ranking in quality service.The additional millions of subscribers are attributed to being the first in terms of new product offerings. They were the first to offer Motorola's Razr and Samsung's Blackjack.More customers may switch to Cingular or AT & T after it announced that it will be providing service for the Apple's new http://businessrecipes.blogspot.com/2007/01/cingulars-marketing-strategy-paid-off.htmlnoreply@blogger.com (Unknown)1tag:blogger.com,1999:blog-22648967.post-116826778543747998Mon, 08 Jan 2007 14:39:00 +00002007-01-08T06:50:31.890-08:00It seems that the accounting fraud cases were committed during the boom and the bust of the dotcom businesses. Sad to see that the high ranking executives of the tech businesses that made profits from the boom are found guilty to have forged documents and employed accounting malpractices.This is an excerpt of the news article from Washington Post.Prosecutors End Case in Long AOL Fraud http://businessrecipes.blogspot.com/2007/01/aol-fraud-trial-using-accounting-for.htmlnoreply@blogger.com (Unknown)1tag:blogger.com,1999:blog-22648967.post-116446123533994160Sat, 25 Nov 2006 10:57:00 +00002006-11-25T05:37:48.750-08:00When I was in high school, my Physics teacher applied for a patent for a technology he designed. It was rejected. The reason for the rejection is a patent of a technology which closely resembled his.What is a patent?Patent should not be confused with trademarks, brands/service marks or copyright.A patent for an invention is the grant of a property right to the inventor, issued by the United http://businessrecipes.blogspot.com/2006/11/patent-trolls-patent-law-obsolete.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-116440543897796219Mon, 20 Nov 2006 21:57:00 +00002006-11-24T18:11:37.026-08:00The Balance SheetOne of the basic financial statements required by the SEC and other regulatory agencies is the balance sheet shows the assets, liabilities and equities of a business at a given moment in time.Assets which are either presented on the left side or the top portion, list down the resources of the company. The right hand side or the bottom portion shows the liabilities which http://businessrecipes.blogspot.com/2006/11/financial-statements-balance-sheet.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-116392328996971788Sun, 19 Nov 2006 07:10:00 +00002006-11-19T00:27:13.593-08:00Starbucks Corp. the world's largest coffee shop chain reported a lower quarterly net income for the fiscal fourth quarter ended Oct. 1. Compared to last year's $123.7 million, or 16 cents per share, Starbucks net income this quarter was $117.3 million, or 15 cents per share despite the following:1. the increase in the total revenue by 20.7 per cent2. the lower effective tax rate (from 38.2 to http://businessrecipes.blogspot.com/2006/11/starbucks-lower-earnings-per-share-eps.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-116326424167111242Sat, 11 Nov 2006 16:53:00 +00002006-11-15T22:09:31.653-08:00The Financial StatementsWhen we were students, our class performance was reflected in our classcards as our teacher recorded our grades in different subjects/projects or exams. Either we got an A, B or C. Businesses are also evaluated according to their performance for a period and their financial condition as of a given date.Because it is the management teams ’ responsibility to adopt and http://businessrecipes.blogspot.com/2006/11/financial-statements.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-116365967845881460Thu, 19 Oct 2006 05:23:00 +00002006-11-15T22:47:58.506-08:00Many people think that just because a person has a business degree, he has already the entrepreneurial potential.Being academically equipped with theories and principles help but the most important entrepreneurial trait is the passion.An ideal small business owner works seven days a week, thinks 24 hours a day. It may be exaggeration but when you own the business, there is no such thing as punch http://businessrecipes.blogspot.com/2006/10/how-to-be-successful-entepreneur.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-116365539522466714Thu, 12 Oct 2006 04:16:00 +00002006-11-15T21:37:45.550-08:00When my friend decided to resign from his stressful job, he was offered a small nursing registry business that deploys nurses, caregivers and nursing assistants to the government and private hospitals, skilled and acute.He has no background in nursing or placement business. The owner-manager of the said small business offered his help to ease the transition by orienting him of the day-to-day http://businessrecipes.blogspot.com/2006/10/planning-to-buy-small-business.htmlnoreply@blogger.com (Unknown)2tag:blogger.com,1999:blog-22648967.post-115999828486415009Wed, 04 Oct 2006 21:42:00 +00002006-11-11T11:00:22.410-08:00A few years ago, my friend who owns a boutique was complaining of low sales. Her business is strategically located near a church, a bus depot and a private school. I did not see anything wrong with her store inventories. She carrieswomen’s apparel, accessories, babies’ dresses, ladies’ bags and purses which are ideal gifts for any member of a family for special occasions. Her items are also http://businessrecipes.blogspot.com/2006/10/credit-card-acceptance-can-increase.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-115956541016643456Fri, 29 Sep 2006 21:21:00 +00002006-11-11T11:01:08.360-08:00First, it was Dell. My friend whom I ordered a Dell laptop thought she's lucky to have returned hers last June. I thought I was lucky too because I have a Toshiba and a Sony.Only three weeks ago, my Sony laptop died on me. The diagnosis? The unit overheated but instead of causing fire, it damaged the hard drive. I used my old Toshiba which despite it's being worn out like the keys are no longerhttp://businessrecipes.blogspot.com/2006/09/whos-next.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-115590217503780991Fri, 18 Aug 2006 11:26:00 +00002006-11-11T11:02:33.406-08:00I am hardly surprised to find this article about Dell's poor profit performance under Techonology news. The analyst attributed the profitability's decline to the shift from INTEL processor to AMD.A marketing analyst would look at the customer service efficiency that turns off customers from buying the products.A finance analyst would blame the increase in operating expenses brought about by the http://businessrecipes.blogspot.com/2006/08/slumping-profits-of-dell-explained.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-115565154715952431Tue, 15 Aug 2006 13:50:00 +00002006-08-15T07:49:04.736-07:00It seems that as each people get heavier, the obesity treatment industry is a good field of investment aside from organic-foods company. This is according to the article of Daniel Gross entitled Explaining America's Protein Glut.As new products or product ideas become a rage among people who need to stay awayfrom fatty foods or fat creating foods, a new business opportunity crops out as thereare http://businessrecipes.blogspot.com/2006/08/obesity-treatment-industry.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-115484706194907512Sun, 06 Aug 2006 06:42:00 +00002006-11-11T11:03:51.436-08:00For the past two months, I was mad at Dell. One for delivering a laptop that was notaccording to the specifications ordered. Two, for failing to pick up the returned goods several times, robbing the person requested to handle the return with precious hours due to waiting.In China, they do not take this sitting down. They sue. Read this article fromBusinessweek.Mad As Hell In China's http://businessrecipes.blogspot.com/2006/08/complaints-against-dell.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-115352228655556929Fri, 21 Jul 2006 22:03:00 +00002006-11-11T11:06:35.526-08:00I received two no-reply e-mails from DELL informing me that my account was credited with the invoice value of the laptop that I ordered for my friend. What...?I got no Dell account. So I exhausted all means to talk to a live person and not to an automated answering system which redirects you to several options then at the end, nothing. I got hold of one guy from Dell Preferred Account. Indian http://businessrecipes.blogspot.com/2006/07/outsourcing-and-ana.htmlnoreply@blogger.com (Unknown)0tag:blogger.com,1999:blog-22648967.post-115262194865546674Tue, 11 Jul 2006 12:12:00 +00002006-11-11T11:07:38.566-08:00The broken window theory when applied to business is anything about the power of perception of the customer, what they see, what they experience and what conclusions they draw from it.The way the customer perceives the business is a crucial element in the success or failure of a business or simply a broken window for a big business that when left unattended would invite more broken windows that http://businessrecipes.blogspot.com/2006/07/broken-window-theory-and-on-line.htmlnoreply@blogger.com (Unknown)0