Archive for the ‘Industry’ Category

Why Free News Media is Important?

Why Free News Media is Important?
Because they are so prevalent, few people realize the importance of free news media. The truth is that they form a vital part of any democratic society. Reporting the Facts This is its most basic role. It’s only natural for any government to look or report on only the bright side of things. The news organizations on the other hand, can state the facts. This role is critical to understanding events not just in your country but the world at large. An example would be economic news. While a government may report glowing figures, journalists perform man on the street interviews and stories. This gives you the chance to look at the entire picture. The importance of free news media can also be seen when reporting from various parts of the world. In countries where military juntas rule, people...

Why is Gas So Expensive?

Why is Gas So Expensive?
Because it’s such a valuable resource, consumers have the right to know why gas is so expensive. There isn’t a single cause though. There are actually several explanations. Demands by Growing Economies The emerging economies of China and India are partly responsible for the increase in oil costs. Statistics show that every year more people there are purchasing cars. This increases the demand in those countries. What happens is that the supply of oil is stretched out. This naturally increases the costs. This doesn’t just apply to China or India. Whenever the world economy is up, the need for oil increases. This is just part of the natural law of supply and demand. So it would be correct to say that emerging economies are reasons why gas is so expensive. Seasonal Demand The weather also...

Why Have Adminstrative Meetings?

Why Have Adminstrative Meetings?
It doesn’t matter what size the company is. The importance of administrative meetings can be essential to its survival and success. Of course any number of things can be discussed there. Some of the common items can include the following. Submitting Proposals and Ideas These gatherings are a great time to present proposals or ideas about running the company. These proposals can be presented for evaluation by the other participants. The agenda can refer to changes in policies or new ways of managing an asset or client. This doesn’t just apply to businesses of course. Even homeowners’ associations can submit revisions at the gatherings. These can refer to security arrangements or regulations. The importance of administrative meetings is that it can give you the chance to study...

Why Do Companies Downsize?

Why Do Companies Downsize?
Whether you’re an employee or employ workers, you need to know why companies downsize. This knowledge can make the difference between recovering or going bankrupt. To Reduce Costs The primary reason is to keep the costs down. Business enterprises usually have long term forecasts. These are used to make decisions in the present. If the forecast is that it will lose money, cutting jobs or shutting down factories may be the only option. Sometimes this takes place without the result of a long term study. An unexpected event like an economic crisis can happen. In this situation, the corporation may be forced to make mass layoffs. This is one reason why companies downsize. To be More Profitable In some cases a firm might decide to do it to make more money. It can happen that a company expands...

Why is Financial Planning Important?

Why is Financial Planning Important?
It doesn’t matter if you’re well off or work for every cent; knowing the importance of financial planning is critical for your future. In fact, it’s never too early to prepare for it. Saving Money is Paramount It doesn’t matter if you can save hundreds of dollars or only a few. It’s just crucial that you do. You don’t need to have a particular goal. That is, you’re saving so you can buy this or that. You’re just saving money. In fact it’s a good idea not to spend it. It won’t be long before that amount starts to grow. For most, saving is probably the hardest part. Expenses are numerous, but make a note of the things you pay for. The importance of financial planning lies in its ability to make you see and think clearly. Learn to distinguish between the things you need to...