Showing posts with label WORLD OF BUSINESS. Show all posts
Showing posts with label WORLD OF BUSINESS. Show all posts



Benefit of become a millionaire in young age or in old age. Today, one of the most deepest concepts you will learn on, You can not understand this, but most of the most complex thoughts are presented to you. if you earn a lot of money, the duration of the period Will define whether you are millionaire or not, if you earn lot of money, in your young age . You have heard in our society that you have to do something illegal, it should be a scam, Let's make you $ 25,000 a year and let's work for 40 years.How much money have you made? One million dollars. There are a lot of money worth $ 1 million? Of course, You have one million It's the way you're rich? No, do not you? Because it took you 40 years to collect one million dollars. We look at a different scene. Let's say that you still make one million dollars, but within 12 months, within a year, instead of taking you 40 years, are you rich? Yes! Now you are millionaire. What is it? This is one million dollars. The difference is that it takes time to make it. And when you earn your money, in a short period of time, what is it means? It means that you have long time to enjoy your money if you earn one million in young age. In other hand you can enjoy your money only short period of time if you earn one million at the age of 50. You can enjoy your money for 10 years in old age, why not enjoy it for 30, 40, 50, 60 years? It's just the difference. The money is not parameter of millionaire but how fast you make this money it is matter. If you make one million dollars in one month, it makes you 12 times reacher than that person who earn one million dollars a year.And he's more 12 times poorer than that person who makes one million dollars in a month, We have to value for time not money. Poor people value for money more than the value of time. because of that, they are poor. Most people are not rich because they never understand their time. Think of it. Do you want to hurry it or do you want to slow it down? there is no traditional way to become rich fast, but do you want to speed it up? Please invest on yourself and learn new technology and techniques for future generations.


know about small business loan SBA 7 (a). This  Loan is the most popular in United States of America. In SBA 7 (a) loan program, you may have loans up to $ 5 million, up to 25 years, at low interest rate 2.25%. are you searching for small business loans, then SBA 7 (A) loan will be best for you. Here is your comprehensive guide on all things about SBA 7 (a) Loan The lenders approve small business owners for loan. SBA 7 (A) Loan is the most flexible and most popular loan programs. Stable business owners can qualify for $ 5 million in financial assistance and can use money for almost any business purpose. you enjoy low interest rates and long term on SBA finance. SEA 7a loan. There are several types of 7 (a) loan and credit lines under various types of SBA 7 (A) programs. The main difference in different types of loan types is the use of debt quantity, processing times, and funds. Here, SBA 7 (a) are different types of loans. First is Standard 7 (a) Debt 7 and second is Traditive SBA 7 ( A) Loans. Standard 7 (a) Loans can be up to $ 5 million, and you can be used for a variety of business reasons, if you have a standard 7 (a) loan, whether you want to increase your business. Or need additional working capital. . On standard loan, the SBA will review your application and give you an initial approval decision within 5 to 10 business days. Conversation of interest rates for the buyers and lenders standard 7 (a) interest rates Yes, but they will never get more than the maximum size of the SBA. In addition, for this kind of SBA 7 (a) loan, the lenders do not need to take a ground for more than $ 25,000 loans. For over $ 25,000 loans, the SBA needs to follow the same mutual policies to the lenders that they use for non-SBA loans.  2 SBA 7 (a) Small Qualifications B A7 (a) Small loans are standard 7 (a) like debt, but the maximum amount of debt is $ 350,000. Such SBA 7 (A) loan operations, like exactly the standard 7 (a) loan, in addition to assessing creditors' creditability .SEA 7 (a) for small loans, personal credit, business credit, And SBA PCCCC applicants based on the financial institutions. If you move the screen, the lenders will track your request. If you do not have a screen, you will need to go through the write-down process under more stringent standard 7 (a). # 3. SBA Express Qarbasis BA Express is available for $ 350,000, a time Provides instant transmission for small enterprises in a sensitive ban. Instead of 5 to 10 business days, SBA will review your application and make you initial approval


US insurance, US insurance sector, US insurance group, US insurance company

Why insurance is necessary for any individual or business, project and any startup read more information below.
Insurance is a risk prevention financial product that reduces the different types of risks. Apart from protecting individuals and businesses from many types of risks, insurance sector encourages the habit of savings among people and generates employment for millions,  how insurance protect risk taken and security to individuals and entrepreneurs: Insurance provides financial assistance and reduces uncertainty among businesses and in our lives. In case of business insurance, protect from fire, theft, accidents and other natural calamity accidents, are provided financial compensation against financial loss: The insurance companies created the wealth through the premium which collect from policyholders. the premium which collect from policyholders is invested in long-term infrastructure projects such as road, port, power plant, dam, which are important for the development of the nation. Increasing large investment jobs opportunities in the economy to establish capital. Promotes economic growth: Through the mobility of domestic savings, the overall economy has a major impact on the insurance sector. Insurance collected investment turns into productive investment. The loss of insurance helps to reduce the financial stability and promote commercial and business activities, resulting in sustainable economic development and development. In this way, insurance is an important role in the continued growth of the economy .Healthy Emer provides support to families during sex enforcement: Family goodness is important for everyone and the health of family members is the most worried. During ensuring the welfare of the families, jobs play an important role from the elderly parents to the children, medicines and hospitals. The increasing cost of medical treatment and the rising prices of medicines is sufficient enough to eliminate your savings. Any unpredictable serious illnesses (such as heart attack, stroke, cancer, etc.). And growing medical expenses are a matter of concern. Medical insurance is a policy that economically protects people against various types of health risks. With a health insurance policy, a disease provides financial aid to a medical emergency: Insurance insurance allows insurance to increase the risk of damage. The basic principle of insurance is spreading a large number of people. A large population receives insurance policy and premises insurance for insurance. Whenever there is any harm, it is given compensation from the song policyholders.


The scope of economic development includes the process and policies by which a nation improves the economic, political,



Operations management is the branch of management which deals with designing and controlling the process of the production of goods and services. Operations management main function is 

to ensuring the business operations as efficient as possible by using as few resources as needed and meeting the production and product quality as per customer requirements. Operations management primarily  function is to planning, organizing and supervising of the production, manufacturing or to deliver  services. It deals with managing an entire production system. Operation management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology. Operations is one of the major functions in an organization along with supply chains, marketing, finance and human resources. The operations management manages of both the strategic and day-to-day production of goods and services.
In managing manufacturing or service operations several types of decisions are made including operations strategy, product design, process design, quality management, capacity, facilities planning, production planning and inventory control. Each of these requires an ability to analyze the current situation and find better solutions to improve the effectiveness and efficiency of manufacturing or deliver the service.
The history of production and operation systems began around 5000 B.C. when Sumerian priests developed the ancient system of recording inventories, loans, taxes, and business transactions. The next major historical application of operation systems occurred in 4000 B.C. It was during this time that the Egyptians started using planning, organization, and control in large projects such as the construction of the pyramids. By 1100 B.C.,
In 1883, Frederick Winslow Taylor introduced the stopwatch method for accurately measuring the time to perform each single task of a complicated job. He developed the scientific study of productivity and identifying how to coordinate different tasks to eliminate wasting of time and increase the quality of work. The next generation of scientific study occurred with the development of work sampling and predetermined motion time systems (PMTS).
Service Industries: At the turn of the twentieth century, the services industries were already developed, but largely fragmented. In 1900 the U.S. service industry consisted of banks, professional services, schools, general stores, railroads and telegraph. Services were largely local in nature and owned by entrepreneurs and families.
 In 1911 Taylor published "The Principles of Scientific Management", in which he characterized scientific management as:
1-The development of a true science;
2-The scientific selection of the worker;
3-The scientific education and development of the worker;
4-Intimate friendly cooperation between the management and the workers.
In 1983 J.N Edwards published his "MRP and Kanban-American style" in which he described JIT goals in terms of seven zeros:] zero defects, zero (excess) lot size, zero setups, zero breakdowns, zero handling, zero lead time and zero surging. This period also marks the spread of Total Quality Management (TQM) in Japan, ideas initially developed by American authors such as Deming, Juran and Armand V. Feigenbaum. TQM is a strategy for implementing and managing quality improvement on an organizational basis, this includes: participation, work culture, customer focus, supplier quality improvement and integration of the quality system with business goals. Schnonberger identified seven fundamentals principles essential to the Japanese approach:
1-Process control: SPC and worker responsibility over quality
2-Easy able -to-see quality: boards, gauges, meters, etc. and poka-yoke
3-Insistence on compliance: "quality first"
4-Line stop: stop the line to correct quality problems
5-Correcting one's own errors: worker fixed a defective part if he produced it
6-The 100% check: automated inspection techniques and foolproof machines
7-Continual improvement: ideally zero defects
In 1987 the International Organization for Standardization (ISO), recognizing the growing importance of quality, issued the ISO 9000, a family of standards related to quality management systems. There standards apply to both manufacturing and service organizations. There has been some controversy regarding the proper procedures to follow and the amount of paperwork involved, but much of that has improved in current ISO 9000 revisions.
Operations strategy concerns policies and plans of use of the firm productive resources with the aim of supporting long term competitive strategy. Metrics in operations management can be broadly classified into efficiency metrics and effectiveness metrics. Effectiveness metrics involve:
1- Price (actually fixed by marketing, but lower bounded by production cost): purchase price, use costs, maintenance costs, upgrade costs, disposal costs
2- Quality: specification and compliance
Time: productive lead time, information lead 3- time, punctuality
4- Flexibility: mix, volume, gamma
5- Stock availability
6- Ecological Soundness: biological and environmental impacts of the system under study.

Operations management usually cover demand forecasting, even though Demand forecasting is also a critical part of push systems, since order releases have to be planned ahead of actual clients orders. Also any serious discussion of capacity planning involves adjusting company outputs with market demands.



Management is the process in which we attain organizational goals in an effective and efficient manner through planning, organizing, staffing, directing and controlling organizational financial,
machines and materials, natural, technological, and human resources.
Management is the administration of an organization, whether it is a business organization , a non profit organization, or a government body. Management incorporate the activities of setting the 
strategy of an organization and coordinating the efforts of its employees to accomplish the organization goal or objective through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Larger organizations generally have three levels of managers, these are, Senior managers, Middle managers and Lower managers.
Senior managers are the top lavel mangement members. these are the members of a Board of Directors and a Chief Executive Officer (CEO) or a President of an organization. They set the strategic goals of the organization and make decisions on how the overall organization will operate. Senior managers are generally executive-level professionals, and provide direction to middle management who directly or indirectly report to them.
Middle managers, examples of Middle managers are branch managers, regional managers, department managers and section managers, who provide direction to front-line managers. Middle managers communicate the strategic goals of senior management to the front-line managers.
Lower managers are, such as supervisors and front-line team leaders, oversee the work of regular employees or a volunteers, in some voluntary organizations and provide direction on their work.
Management involves identifying the mission, objective, procedures, rules and manipulation of the human capital of an enterprise to contribute to the success of the enterprise.
According to Henri Fayol, management consist of six functions: these are to forecast, to planning, to organizing, to commanding, to coordinating and to controlling."
According to Mary Parker Follett defined management as "the art of getting things done through people". She described management as philosophy.
According to Fredmund Malik defined management as "the transformation of resources into utility." to increase production with the help of machines, materials and money.
Ghislain Deslandes defines management as “a vulnerable force, under pressure to achieve results and endowed with the triple power of constraint, imitation and imagination, operating on subjective, interpersonal, institutional and environmental levels”
Peter Drucker saw management as twofold: marketing and innovation.
The primary function of profitable organization is to making a profit for its stakeholders and shareholders by creating valued products at a reasonable price for customers and providing great employment opportunities for employees.
In nonprofit organization the main role of  management is the keeping the faith of donors and shareholders. In nonprofit organization shareholders vote for the board of directors, and then board hires the senior management.
Management and leadership skills are needed in every industry and every walk of life. It is essential therefore for new managers to be provided with opportunities to learn how to manage and lead people.

Collaboration Between Honda Motor and General Motors Company for Self-Driving Car

Honda Motor Company Limited (7267.T) will invest $ 2 billion and take a 5.7 percent stake in the General Motors Company (GMN) Cruise Self-Driving Vehicle unit, in which a collaboration between two autocorcers is being increased in such a technique, Cost and risk are but no market-ready products.
Companies said on Wednesday that Honda, which is behind its many competitors in the development of driving vehicles, is paying $ 750 million for minority stake in Cruise and will invest $ 2 billion more than 12 years. Honda, GM and Cruise will jointly develop their own driving vehicles for deployment in the fleet of services around the world. GM shares were up 3.5 percent in early business In May, Softbank Group of Japan (9984T) said that it would buy a 19.6 percent stake in Cruise for $ 2.25 billion.

Honda's investment value Cruise is $ 14.6 billion - about one-third of GM's market cap, $ 48.5 billion GM acquired the startup located in San Francisco for $ 1 billion in March 2016. By comparison, analysts have valued the $ 180 billion worth of Vemo self-driving unit worth alpha-up ink. Honda has discussed the possible collaboration with Vemo for two years, but no deal has been done. In the media briefing on Wednesday, GM Chairman Dan Amman said that 2019 "targets have been made" for launching a self-driving ride service for GM Cruise. He further said: "With our long association with Honda, we will be allowed to move forward very fast in our efforts." GM Cruz and Vemo are often described as packs of techniques and auto companies who compete to create and integrate driving cars themselves. Ride them in the services fleet BMW, which is a development partnership with suppliers Intel Corp (INCTOO), Epitiv PLC (APTVVN) and Magna International (MGTO), hopes that some rivals and riding services companies will join their union for the development of driving cars themselves. Board Member Klaus Frohelich said that the pressure on the auto industry's profits is increasing.

At the Paris Auto Show on Wednesday, heads of Daimler AG (DAIGNE) and Renault (RNAAPA) said that both companies could extend their cooperation with batteries, self-driving vehicles and mobility services.

GM-Honda's announcement is in partnership, in which 2020 includes the combined development of electric vehicles with hydrogen fuel cells. In June, Honda also said that he would buy advanced batteries from GM, which can significantly reduce this step, both automakers cost future electric vehicles

Today Market Online Shopping Sales Behavior Statistics and Facts Research Report in the United States

Online shopping is a thriving market. Sales of retail e-commerce around the world are estimated to be nearly doubling between 2016 and 2020. During the April 2017 survey, 40 percent of Internet users in the United States said that they bought online goods several times per month, and 20 percent said they purchased the item or online services on a weekly basis. Not only does the online sales volume show optimistic figures and estimates, but there is an increase in web and mobile-affected offline sales in the coming years. Internet-savvy buyers are determined to research online products and read online reviews to get the best deals. Sometimes they do their research online and make purchases offline. Nearly 42 percent of U.S. consumers have searched and bought products or services online, while 14 percent preferred to search online and buy in the store.

The availability of coupons and discounts is one of the main factors that influence Internet users to buy online items rather than physical stores. Friends and family suggestions and brands can also decide to buy advertising online. Potential buyers can also go to their social media platform for review, advice, recommendations. Such feedbacks on social media can directly influence purchasing decisions. Online discounts and coupons are also popular purchase effects factors, group group and lead the pack.
While desktop or laptop computers still remain the preferred digital medium for online purchases in the United States, mobile commerce is increasing. In the fourth quarter of 2016, the U.S. Mobile e-commerce expenditure reached US $ 22.68 billion, which was 20.8 percent of total digital commerce expenditure in the country during that quarter. The growth of mobile shopping is not limited to the United States - around 46 percent of Internet users in Asia Pacific have purchased products or services on mobile devices. Mobile shopping penetration rate in Europe was 32 percent in 2016, and nearly 30 percent in North America bought products through a mobile device, even if a smartphone or tablet computer. In addition, online shoppers use their mobile devices to track delivery, compare prices between retailers, search for retail coupons or use retailer's app.

Since mobile commerce is increasing, retailers are looking for ways to seize this spot. Keeping in mind some limitations of mobile web browsers, mobile shopping apps are growing as a way to create personalized experience for mobile customers. By February 2017, Amazon is the most popular mobile shopping app in the United States, in which 40 percent of mobile users have access to the country. Retailer is also leading in the number of monthly shopping app users. Many American online shoppers start their shopping trip on Amazon due to the variety of products offered by retailers and free shipping. Others said Amazon has better deals. Other popular mobile retailer apps include Wal-Mart, Gruppen, eBay, Checkout 51 and Shopcick.