Food Price Inceased More Than Petrol’s

The world is worried about the increase of price. This is not easy problem because it is projected that food will increase to next ten years.  Only in the year of 2008, price will increase to 4.0 percent. These prices have increased since last year. There is no prediction to assure that the world will have enough food needed to reduce the augmentation of price. If you take only few examples of food sold between February 2007 and February 2008, you can find that during one year price increased almost 10 percent in all domains.

Only in last month, beef increased 0.5 percent, and its price is 3.9 percent higher than what it was last year in February. In February 2008, eggs have increased 0.4 percent, but from February 2007, their price has increased 25.3 percent.

Dairy have increased by 13.3 during the period of one year while have increased 9.0 percent.

Cereals and bakery have increased 2.1 percent only in two months; January and February.

When you consider food prices, you find out that they are accelerating fastest rate comparing even to petrol. In previous decade, the world had no problem of food because their prices had fallen dramatically. In these days, grain and meat are becoming more expensive around the world. Consumers in developing countries are becoming richer and demand more food.

China and India are using more food because of increasing of their population. If you look the amount of meat China use, they eat 2.5 higher than what they consumed in 1985.

Global warming plays a part too. Many countries cannot harvest as they used to previously. In Australia and some African countries, the harvest decreased due to lack of enough good weather that plantation need in order to give good crops.

Some countries are not satisfied with US’s plan to increase the amount of maize and milk in biofuels production. This will make the price of food be worse in the period of ten coming years. It is estimated that food price will continue to increase to 20 percent higher in 10 years. All countries should make their contribution in order to prevent the hunger that can kill mass of people and slow the economic of many of developing countries.

By 20500203 - Entry: 3

CHINA + INDIA

The governments have decided to fight poverty rather than each other. And their desire to strike a partnership is evident: businesspeople from each country participate in the conferences held in the other; and forecasts of the flow of goods and services between them keep rising. Sino-Indian trade stagnated at around $250 million a year in the 1990s, but it touched $13 billion in 2006, crossed the $20 billion in 2007, and may exceed $30 billion this year - a growth rate of more that 50% a year.

China and India cannot collobrate; they can only compete, say many Western (and not a rew Chinese and Indian) academics and consultants. Both nations are vying to be Asia’s undisputed superpower, and hey are suspicious about each other’s intentions. China and India have nuclear weapons; they have created the world’s biggest armies; and they are trying to dominate the seas in the reagion. China continues to support Pakistan, which India is not happy about, and India still lets in Tibetian regugees, which China resents.

China may be stong in manufacturing and infrastructure and India in services and information technology, but the latter’s manufacturing industry is becoming globally competitive, while China’s technology sector threatens to match India’s in a decade. Both have a growing appetite for natural resources such as oil, coal, and iron ore, for which they compete fiercely. They also fight for capital, especially for investment by multi-national companies from North America, Europe and Japan.

China and India have taken different routes to enter the world economy, and that has resulted in their gaining complementary strenght. They have too much to lose by not working together. Both China and India are witnessing an explosion of entrepreneurship, but in ways that make their companies more complementary than the world realizes.

Article 3, 20753001

C.R.E.A.M

I skimmed through I book called “CASH RULES: Learn & Manage the 7 SEVEN CASH-FLOW DRIVERS for your company’s success.” The reason why this book attracted my attention is that it talks about basic rules to organize your cash flows based on the principles that we learnt in our Accounting class (I think most of us have already taken Principles of Accounting course). Another thing I liked about this book is that you do not have to know a lot about money and management in order to read this book. It conveys important ideas in a simple and straightforward way. And the most importantly it demonstrates 7 drivers that will drive cash into your business. I wanted to briefly mention them that you may want to read further. Here they are.

1. Sales Growth - insignificant cash flow always start with growth in sales.
2. Gross Margin - COGS, it is always the best to break out the specific cost of providing service separately from SG&A (selling, general and administration) expenses.
3. SG&A - after growing your sales and managing your service cost using 2 drivers above, it is time to focus on your operating expenses.
4. Accounts Receivable (Swing Factor #1) - not much of what mentioned in above drivers can be done until you get paid by your customers.
5. Inventory (Swing Factor #2) - after managing your A/R you are ready to ship some fine product sitting in your inventory to good customers who will pay on time.
6. Accounts Payable (Swing Factor #3) - it is the flip side of A/R. A payable to you is receivable to someone else, so you should think mutually about the two.
7. Capital Expenditures (Capex) - another important section of your cash flow statement, and without knowing Capex you cannot appropriately manage your cash flow statement.

The book does not end here, but goes on talking about crucial steps that you should consider if you wish to succeed. This book is a MUST for those who long for prosperity in business.

Entry 3. 20601002

Motivation, leadership business change management business(MTN)

http://www.globalchange.com How to make things… (more) Added: June 08, 2007 http://www.globalchange.com How to make things happen. Connect with passion. Managing uncertainty with rapid change. Leadership styles. Why people get out of bed in the morning. How to motivate teams at work to do great things. Business management. Secret of leadership and ultimate leadership speech. Business ethics and values in corporations. Secrets of business success and increased productivity. Cutting costs. Increasing output. Adding shareholder value. Sustainable business success. Work life balance and lessons from non profits / volunteering. Why building a better world is such a powerful motivation. Lecture by Dr Patrick Dixon for MTN, author of Building a Better Business, Futurewise and conference speaker.Motivation at work. Leadership. Leadership purpose, aims, strategy and objectives. Profits and profitability. Motivation to succeed and secrets of business success. Productivity and efficiency key. Workplace morale. Team dynamics and leadership styles. Business mission and vision. Business values and office culture. (less)

http://youtube.com/watch?v=jh7h7kDQtLI

ID:20700795

“The Right Purpose of Business”

Do you have personal philosophy?

Our person philosophy as christian businessman and women should be built upon basics and ethics of tying to maintain an intergrity in our life where we are the same people in all enviroments ,and we can true feel to who we are and being that authentic us at all times. Though sometimes we can’t always be like that but let it be our philosophy in trying to collaborate with other people to make a difference where we see problems and try to correct them, whether they are problems  of health ,education,poverty and conflicts  

Purpose of Business

Currently ,many businessman and woman are moving away from a sense of purpose of business and consider making money as the only purpose .This has become a very damaging idea.Money if you ……wealth creation should be a result,and it shouldn’t be a purpose.The purpose should be creating product or services that makes a difference in society or in the lives of others and make this world a better place to live.As a result of you doing this well then you will be financially well rewarded.

       Lets learn from people like Bill Gates .He has made more money than anyone in the history of business and he was never in it for creating wealth. He was in it for creating exciting software and exciting technology and creating his whole idea of personal computing.And in doing that taking a lot of the money he made by doing that and giving it back to try to address problems of Global diseases.How is this extremely admirable? Those are the kind of people ,that we should learn from them.To have money should be giving back,should be putting it back and not just passing on to the generation.

Article No 3

By; 20700796

3. Ridemakerz

I was reading an article in Business Week and came up this article about Ridemakerz. This is a new start-up company that is appealing to the boy’s toy market. I believe that this is a great idea. There is a company called Build-a-Bear in the U.S. that has been widely popular among girls. The store is basically just a warehouse of teddy bears and different outfits that you can put on these bears. Ridemakerz is playing off of this same idea. However, instead of bears its cars.

There has been a lag in the sales of boy’s toy sales, only up 0.3% from 2006 to 2007. Furthermore, this could be a store that has been made available to a market that has never before seen such a selection with so many options for their new toys. This I believe should be a very profitable strategy and business venture.

 Auditor

US Market in Trouble

Stocks got off to a rocky start on Monday as Wall Street weighed a stunning series of weekend developments that confirmed investors’ worst fears about the fragile state of the financial industry.

As the story is stated by New York Times, US stock markets faced heavy problems from last week and the beginning of this week. All American indices fell almost to 1.5 percent.  It is why US president convened a meeting for his economic advisers to see how they may set new strategy to overcome the economic crisis the country is facing now.

The fall of American stock markets caused problem around the world. In Europe and Asia, stocks also fell. On Tuesday, the Federal bank promised to cut interest rate so that investors and people who borrow money could not continue to be in fear of missing what to do if they are unable to pay their debts.

Even though the country will cut tax and interest rate, it will not solve economic problem that US is facing in these days. The country needs to have durable strategy of stabilize its economy.

When I was reading this article, I compared it with the case study I have been working on in leadership class.  Because of connectivity and social capital extended beyond national boundaries, problem that can happen to economic of any country, it affects another country. The health of the markets in Tokyo affects the health of the markets in the New York. A horrendous disaster in New York’s financial district causes markets around the world to plummet, erasing billions of dollars in asset value. The world economy does not boundaries. Because of that reason, the suffering of US market is the suffering of all people around the world. Every country has responsibility to find out how world economy should be stabilized.

 By Samuel  20500203

“The Be All” YOU CAN BE CHALLENGE.

                                                                                    

LIVING THE DREAM…….!

What are your goals, are they within reach? and how can you make them happen?

      Many of us are still tying to figure out what we want to persue when we grow. We may have good jobs and nice pay checks but we are really not happy in our work.We daydream about the “What It’s”in our life and long for the chance to discover and explore the job our dreams is.

               Identifying your dream job and the path that will take you there is both a challenge and an opportunity.But following a realistic step by step “Vocationing”process you can persue your interest and passions to the job and of your dream

            The following are the steps t which can help you to persue your dreams

          1)Define your dreams:- It is about what is your passion and your interest ?what activity give you a sense of purpose and satisfication where you can engage fully your heart and mind. This gives you  an opportunity to explore , ezperiment and discovery what your dream job is and how to persue it.

      2)Adress you Fear:- financial stability ,family dirruption and giving up an identity ,failing at something new.The biggest thing you can do get past these is meet them head on by bringing these deepest fears to light and examine them with reason.

       3)Do you Research;-Internal and external research help you discovery who you are and what kind of work matchs with your dream and ability ,contact with people with experience to determine if what you think is (dream job)

       4)Find a mentor. Insipiration ,experiences ,realistic forthcoming and optimistic. A good mental is all of these and easer to help someone else to get started.

      5)Test Drive your dreams job.Learning by doing is the better way of to learn.Thus learn as much as possible about the job .

      6) Create an Action Plan :-Persuing a dream job is less leap than a series of increamental steps that move you closer to your goals .However , make sure you follow the right steps.

   7) Think Big start with small……!

By 20700796

Article No, 2

20600794-Enrty-2.IT and business in developing countries

Everyone would agree on that businesses can’t perform well without proper Information Technology because any type of business, any type of industry can’t fully perform in today’s Global world flattened by Information Technology. But information infrastructure is not fully developed every corner of the world. But technological advances such as satellite connections and cell phone networks help those countries to develop information technology basis.

Let’s take Mongolia as an example. During the Soviet Era Mongolia was depending a lot on its powerful neighbor Russia. After the collapse of the Soviet Union, Mongolia became democratic state with proper human rights and free market system. Since then, with lots of up and downs, Mongolia is trying to make its way in the completive world. But fortunately since the first attempt to use Internet in Mongolia during mid-90’s Information Technology usage and development is showing a great progress throughout the last decade. Now Mongolia has several cellular communication service providers, digital TV broadcasters and many Internet service providers. The capital city Ulaanbaatar is the center of IT development and distribution. Then how do we improve small and medium businesses in Mongolia using Information technology or developing countries as Mongolia. Countries that are in this category mostly have agriculture and natural resource industry. So there are lots connections between those companies and customers outside of the country. Since usage of Information Technology is not fully advanced in these countries, there are several ways to improve their business environments using Information technology especially internet technology. Here is a brief illustration of Information Technology usage in business.

by Eddy