On the afternoon of Tuesday, March 24th, 2020, the Prime Minister of India, announced a 21-day nationwide lockdown, which was to be effective from the stroke of midnight of that very same day and was to be continued till the next twenty-one days.
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Continue reading “Planning for Lockdown 4.0 – A Data Driven Risk Management Approach”
No matter what kind of injury you sustain, it can always be helpful to contact a lawyer. This is especially the case if your injury is serious, and especially the case if you’ve been involved in a traffic accident.
Continue reading “Why you must contact a quality lawyer immediately after getting injured in a Motorcycle Crash Incident”Do you have what it takes to be an independent film producer?
Don’t scoff. With basic business chops, a willingness to take strategic risks, and an eye for creative talent, you can make a go of it in the admittedly high-stakes world of film production. Just ask these indie luminaries.
As is so often the case, getting started is the hardest part. Here’s what you need to do to raise capital for your production venture and attract behind- and before-the-camera talent.
Continue reading “Launching an Independent Production House – How to Raise Capital and Attract Talent”As a business owner, your priority is always going to be keeping your clients happy and developing a positive financial bottom line for yourself. To do this, you have to make sure that you protect your business from liability issues along the way. Sometimes this is a straightforward process, other times it takes a mixture of logic and creativity to utilize resources appropriately.
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Workplace falls injure thousands of workers and cost businesses millions of dollars in compensation every year. Various types of falls occur at ground level and more serious accidents occur when people are working higher up. Either way, a serious fall in the workplace can be a life changing experience. It also has serious repercussions for businesses, especially if they don’t have the appropriate safety measures in place. These are some effective ways to prevent falls in the workplace. Continue reading “Ways to Prevent Falls in the Workplace”
Being a Forex trader isn’t easy. There is a lot you need to know, and the market can change from one second to the next. Still, there is a reason that some Forex traders do better than others, and it isn’t always about luck. There are some telltale signs that a Forex trader is going to fail. If you want to overcome the challenges involved with investing in foreign markets, avoid the pitfalls mentioned below to give yourself the best shot at success. Continue reading “Why Forex Traders Fail”
Are you in the market for a new home? Then chances are you will need to find a great mortgage lender to work with. Getting the mortgage centre Edmonton chosen will be no easy task due to the overwhelming amount of options out there. Taking the time to weigh all of these options will make it much easier for you to get the right company picked out. Before beginning this search, you will need to make a list of lenders in the area. The following are a few of the things to consider when trying to get the right mortgage lender in your area chosen. Continue reading “How To Find the Right Edmonton Mortgage Lender”
Investments and personal finance is a domain every working professional has to be wary and savvy about. Without proper planning for their savings, one may face mid-life crisis when financial inflow may become less regular or less in value. Thus the domain of investments and personal finance is gradually increasing in prominence for the common man. Continue reading “Investment and Personal Finance”
E-government, in short, allows the private sector to operate in areas that used to fall strictly within the public domain. The challenge for policy makers is to recognize that what is good for business is consistent with good government. Planners start with grand visions of on-line services but then flounder amid cross-agency squabbling. Or they fail to attract enough users or get sidetracked by expensive high-tech bells and whistles. Research on e-government efforts around the world has helped to identify three critical lessons for their proponents.
First, don’t underestimate the resistance of government employees to change. Washington State overcame this barrier by creating the Digital Information Academy. Mandated by the state’s governor, the academy helps departments map their existing services, encourages them to rethink the design of their services, and tries out new processes on focus groups. By involving government employees, the academy makes them less fearful and gives them a stake in e-government’s success. To ensure cooperation among departments, the governor required all of his chiefs to sign contracts stipulating the services they would put on-line within a specified time frame. When friction arises, the academy mediates.
Second, e-government services don’t justify the investment if citizens and businesses don’t use them. The majority of the people of almost every country don’t have Internet access (Exhibit 3), so e-government initiatives must include efforts to increase Internet penetration and usage. Most countries will have to develop channels other than personal computers in homes. In Dubai, for instance, where PC-based Internet penetration is under 15 percent but mobile-telephone penetration is over 50 percent, e-government will eventually adopt wireless applications. In Hong Kong, where Internet penetration is more than 40 percent, the government is nonetheless building e-government kiosks in shopping malls, supermarkets, and railway stations.
But access isn’t enough: e-government must also give the public financial or other incentives to use the Internet for transactions. In the United States, for example, people who file their tax returns on-line get their refunds deposited into their bank accounts within three weeks—half as long as it takes those who file paper returns to get a check in the mail. More than 30 percent of US tax returns are currently filed on-line.
Finally, e-government can be either a profit engine or a financial black hole, depending on the strategy and mind-set chosen. Its cost ranges from $30 million for department-specific efforts to over $100 million for fully integrated service portals. Unless vendors too invest at the outset, governments must justify these commitments by identifying, up front, the specific ways in which costs will be cut and users will be served more cheaply and conveniently. The National Information Consortium, for example, agreed to provide e-services to the citizens and businesses of the US state of Virginia in return for a cut of every transaction.
In the emerging global economy, e-commerce and e-business have increasingly become a necessary component of business strategy and a strong catalyst for economic development.
Porter, the strategy guru, used concepts developed in Industrial Organization (IO) economics to derive five forces which determine the competitive intensity and therefore attractiveness of a market. This model describes the attributes of an attractive industry and thus suggests that opportunities will be greater, and threats less, in these kinds of industries. Attractiveness in this context refers to the overall industry profitability. An “unattractive” industry is one where the combination of forces acts to drive down overall profitability. A very unattractive industry would be one approaching “pure competition”. Continue reading “How the internet affects Porter’s 5 forces model”
Today, many supply chain managers believe that there are multiple risks involved in a supply chain, and yet are often ill-equipped to handle the same. Many of the risk factors develop from a pressure to enhance productivity, minimize waste, remove supply chain duplication, and improve bottom-line. Continue reading “Risk in Supply Chain Management”