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Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts

Wednesday, February 20, 2013

Obama belief that tax rates should be raised on the wealthiest Americans

President Obama stands in firm belief that must raise tax rates on the wealthiest Americans, and even the Republicans in Congress are not sure what to make concessions in an attempt to avoid the so-called "Hades" promised that the tax increases and spending cuts kick in automatically if no agreement is reached. There is less than a month to go before the cliff to kick in, and in the process of making his case, the President presented the idea that he was willing to discuss a reduction in tax rates for the year 2013 as part of a larger attempt to revamp the u.s. tax code.

It seems the Democrats largely on intentions to ensure that spending on mega-benefits schemes unsustainable in the long-continued unabated, while also insisting on the imposition of higher taxes on a small part of the population to pay for wasteful spending and waste. It's just the concept of Defense, since most of the country will not be adversely affected.

On the Republican side, it seems as if there is some disagreement, some GOP members argue that a tax increase would be OK in some cases, while others are standing firm against this move. In the Senate, minority leader Mitch McConnell specifically does not return a plan by fellow Republican John Boehner in the House of representatives. McConnell noted that, "I think it is important that the Republican leadership in the House had tried to move the process forward." it remains to be seen which side will defeat in the face, but at the end of the day you can bet that the United States will still be spending way too much money on a wide range of programmes of extravagance.

Sunday, February 17, 2013

American Airlines Are On There Way To The World Largest Airline, Find Out How !!

Although no official announcements have been made, sources close to the US Airways and American Airlines to the United States that the two airlines had agreed in principle to a merger which would create the largest airline in the world. America filed for bankruptcy protection from creditors for more than a year, airlines need to find some help in order to continue normal operations. If the merger is approved as expected, around 90% of all commercial flights to the United States will control four large conglomerates of the airlines.

Because of mergers in recent years — Delta and Northwest and Southwest wairtran, continental-United-there is virtually no competition to air travel. Most analysts predicted that this will eventually lead to higher ticket prices for consumers, but the price increases will be gradual.

What is more interesting is the question of whether combining two average to weak airlines as a strong one. America already in bankruptcy-and no one claims that "American Airlines" was knocking it out of the Park-how to combine the two companies bring stability? If anything, just the logistical issues have increased, public expenditure management to the new company, and more. With only four primary carriers left the race, seems to be to Excel in the end. In the end, will inevitably consume more efficient operation the three weakest. It should be fun to see how that turns out.

Thursday, September 6, 2012

Business Acumen

It is a well-known fact that every businessman cannot become a legend and every business cannot be extremely profitable. The definition of business acumen is related to the ability of a person to run his venture successfully. Business skill can be developed by consistent work and concentrated efforts. Before we know how to develop these skills, let us first understand its meaning in detail in the next section.

Meaning of Business Acumen


Business acumen is more related to understanding a business thoroughly. Unless a person understands what is the exact nature of his business, what are the challenges before him and how is he supposed to overcome them, he cannot set up his brand in the competitive market. A person with business skills takes the right decisions at the right time for the benefit of his organization and ensures increasing profitability. Identifying business opportunities successfully before peer companies can help generate high revenues and profits. These skills also includes identifying the potential threats to the organization and taking preventive measures to deal with them. Now, the main question before many people is whether this skill can be acquired or is it only a skills with a few people. The answer to this question is simple - it is possible if you develop some qualities. The suggestions given below on developing the skill will help you understand things about entrepreneurship better.


Observe Functioning of Established Businesses

Keen observation can help a person learn a lot. So, if you wish to acquire skills like the big corporate leaders, you need to see how the established and successful business houses run. Try to understand what makes them different from the rest of the companies and how they keep up their leadership place despite several hurdles and stiff competition, leading to good business management. Note down some important points and start training yourself in that direction.

Get the Basics Right

Improving your business skill is possible only if you have learned your basics thoroughly. So, the main rules and regulations of business should be clear to you completely. The skill of people well-educated in the fields of management is high and hence you should go through training programs to learn basic management concepts. A person will automatically develop skills while he applies these concepts practically. He may find things difficult initially, however, every failure becomes a learning experience and a person improves the way he looks at things.

Change the Way You Think

To see an improvement in your skill and decision-making abilities, you need to change the way you think. Try to adjust to the changing ways of business by learning new technologies which are constantly being introduced into the market. By doing so, you will be able to match up with your peers in a systematic way. You also need to change your attitude and work hard for taking your organization to the position where you want it to be.

Implement your Plans

Business skill cannot be achieved unless you carry out your plans. So, you need to start by making changes in the way you function to see the results in the time to come. The thinking process can develop only when you try to bring in some creative changes. Every experiment you do with the functioning of your company will help you learn new things and be more knowledgeable.

Business acumen can be developed by taking into consideration the above mentioned factors. So, with a hope that you will use this information fruitfully, I would like to sign off here. Good luck!

Richard Branson Biography

Making a lot of mistakes and learning from them is what life is all about and who else can define 'impossible' better than this stalwart, who has made it large in life. You can call him the man who believed in his abilities, or the young boy who was dyslexic and a school dropout. Sir Richard Branson, noteworthy to be regarded as a touchstone for youngsters, has always believed in the power of his dreams and the secrets of his heart. Sir Richard Branson, though a billionaire, is renowned for his approachability and ability to succeed against all odds.

Sir Richard Branson's Virgin Group is one of the world's most respected and trusted brands. With businesses ranging from communications, travel, financial services, music, recreation, holidays, and well-being, there isn't any sector that hasn't been covered by the Virgin Group of Companies. Sir Richard Branson who believes in taking big risks and receiving equally big rewards strives for quality, innovation and competitive spirit. There is no doubt then why he is indeed the most successful businessman alive today.


Initial Steps to Greatness

Sir Richard Branson was born in London on 18 July 1950. He is the eldest son of Edward James Branson, a barrister and Eve Huntley Branson an airline stewardess. Sir Richard Branson is the grandson of Honorable Sir George Arthur Harwin Branson who was a judge of the High Court of Justice. Sir Richard Branson attended the Scaitcliffe School after which he joined the Stowe School in England. A dyslexic, Sir Richard Branson dropped out of school, and not allowing himself to be defeated by his disability, he developed 'Student' a youth-culture magazine at the age of 16. Launched in 1966, the publication that was completely run by students for students, had sold an amazing $8k worth advertisements in the first edition itself. By the age of seventeen, Sir Richard Branson had initiated the Student Advisory Service, a charity to help young people. Sir Richard Branson married Kristen Tomassi in 1972, but the marriage ended in divorce. He married Joan Templeman on Necker Islands in 1989 at the suggestion of his daughter Holly who was then 8 years old.
Timeline of the Brand 'Virgin'

1970
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Sir Richard Branson ventured into the music industry with his mail order catalog that aimed to sell discounted records cheaper than the existing 'High Street' outlets. Being the first venture into business, it was named Virgin, as suggested by one of his early employees.
1971
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Following the success of the mail order catalog, Sir Richard Branson opened his first record shop on Oxford Street in London. Owing to the huge success, Branson, was arrested and interrogated for charges of selling records that had been declared as export stock.
1973
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Sir Richard Branson along with Nick Powell launched the Virgin Records label in a country estate that they purchased.
1973
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Virgin Records released its first music record with Mike Oldfield's' debut album 'Tubular Bells'. The album went on to become the chart-topping bestseller.
1977
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Virgin Records went on to sign up top music artists and controversial bands like 'Genesis', 'The Sex Pistols', 'Faust and Can', 'The Rolling Stones', and 'Simple Minds'. Virgin Music was considered to be one of the top recording companies in the world.
1983
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He launched Virgin Vision to distribute films and videos for television and broadcasting sector.
1984
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Sir Richard Branson ventured into the aviation industry with Virgin Atlantic Airways and Virgin Cargo. One of the main businesses, it has won him many awards. Virgin Airways is the second largest British International airline.
1984
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Virgin Vision launched a 24-hr satellite music station named 'Music Box'.
1985
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Sir Richard Branson initiated the Virgin Holidays after the successful launch of Virgin Atlantic Airways. It is one of the most successful tour operators in the United Kingdom winning 13 awards and recognition as a consumer super brand.
1987
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Virgin Group invested in the Mastertronic Group, which became Virgin Mastertronic, a computer game software developer.
1992
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Sir Richard Branson sold Virgin Records to Thorn EMI to keep his airline company afloat.
1994
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Virgin launched Virgin Cola and Virgin Vodka.
1996
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Virgin Group ventured into rail services with their brand name Virgin Trains, which offered long-distance passenger services.
1996
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Making another attempt at recording business, Sir Richard Branson launched V2 Music.
1998
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Sir Branson extended his business to the telecommunication sector with the launch of Virgin Mobile.
2000
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Virgin Airlines launched Virgin Blue, now known as Virgin Australia. This year also saw the launch of Virgin Cars Ltd., an Internet automobile retailer.
2004
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Extending his business ventures to space, Sir Richard Branson announced the launch of Virgin Galactic with a promise to provide suborbital spaceflights to space tourists.
2007
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Virgin Media is launched which provides mobile, television, and broadband Internet services in the United Kingdom. Sir Richard Branson along with Al Gore launched Virgin Earth Challenge.
2008
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Entering the healthcare sector, Virgin announced Virgin Healthcare. It also was the year when WhiteKnightTwo - VMS Eve - was unveiled.
2009
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First of its sorts, Virgin Galactic unveiled Virgin SpaceShip enterprise. The year 2009 was also the year when Virgin Atlantic celebrated its silver jubilee.
2010
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Virgin Galactic took its first test flight, while Virgin Produced debuts with 'Limitless'.
2011
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Sky is not the only limit; this can be said for the fact that Virgin took a dive into the oceans with the launch of Virgin Oceanic, a deep-sea submarine.
Joie de Vivre

Sir Richard Branson's flair for risks has made him attempt several record-breaking stunts including various attempts to be the fastest to cross the Atlantic Ocean. He apparently crossed the Atlantic first in 1986 in Virgin Atlantic Challenger II and the following year in his hot air balloon named Virgin Atlantic Flyer. Sir Richard Branson then broke the record by crossing the Pacific Ocean, flying from Japan to Arctic Canada in his hot air balloon in 1991. In 2004, a new record was set by crossing the English Channel in an amphibious vehicle.

Sir Richard Branson has made appearances in sitcoms including,
F.R.I.E.N.D.S, Baywatch, Birds of a Feather, Only Fools and Horses, The Day Today, Goodness Gracious Me and Tripping Over. He challenged 16 contestants on the reality show, The Rebel Billionaire: Branson's Quest for the Best. Sir Richard Branson has also made appearances in films like, Around the World in 80 Days, Superman Returns, Casino Royale and London Dreams.

In 1993, Loughborough University awarded an honorary degree of
Doctor of Technology to Sir Richard Branson. In the year 1998, Branson released his autobiography titled 'Losing My Virginity', which went on to become an international bestseller. He was knighted in 1999, and earned the title of 'Sir' for his 'services to entrepreneurship'. He was also awarded the ISTA prize for developing the suborbital transport systems with Virgin Galactic in 2011. He was awarded the President's Merit Award for his contribution to the music industry.

With the intention of opening a school to support budding entrepreneurs in South Africa, Sir Richard Branson set up the
Branson School of Entrepreneurship in 2005. His non-profit organization, Virgin Unite aims to build a better world for everyone. He opened the second center in Jamaica in 2011. He is a signatory of Global Zero, an initiative made for the elimination of nuclear weapons.

A person who is not afraid of taking risks and making mistakes - that's what Sir Richard Branson is all about, for his life revolves around indulging in his passion. "
Oh, screw it, let's do it"; that's the philosophy that Sir Richard Branson lives by and I guess it's undoubtedly a mantra we can apply to our lives as well.