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

Chimp Does Not Know His Business

Chimpanzee does not know his business.
"I can't remember doing that!"
Funny Animal Pictures
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Politics: Australian Conservatives Push to Privatize Healthcare

Health: Australian liberal conservative governments keep privatizing medicine
There isn't much doubt that the Liberals (read conservatives) would like a completely privatised health system. They look lustfully toward the US and their inefficient structure - the most expensive health mishmash in the world!
Protest against liberal conservative healthcare changes
There is a logic to this "conservative hiding behind liberal sunglasses" behavior. You see, businesses don't like their taxes being "wasted" on something the private sector can run perfectly well, descrimination notwithstanding. Businesses would like this money back in a tax rebate so they can make higher profits, thankyou.

Note how Liberal PM Menzies ended free pharmaceuticals brought in by Labor PM Chiffley. Gough Wittlam initiated Medibank after menzies It was just about the only thing he did that worked. This has now been pushed and poked by a series of Coalition governments to become the now private Medicare. No doubt, this political toing and froing will continue into the future.
 Politics by Ty Buchanan 
 Australian Blog
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Hazel Bishop's Long Lasting Lipsick

It was during the Depression. The world seemed to be coming to an end - the worst financial crisis the world had ever seen. Yet, out there, someone was thinking of the future. Hazel Bishop had a dream of setting up her own successful business. And she had ideas!
Hazel Bishop lipstick
The lady had to end her studies because she had no money to pay for a higher degree. Her only asset was a bachelors degree in chemistry. This was enough, however. At the time the makeup market was sown up by large companies who blocked access to newcomers. Hazel could see no barriers. She set about experimenting with different ingredients for lipstick.

The old joke of a man kissing a woman then going home to his wife who could see the smear of lipstick on his face was doing the rounds - a real "found out" joke. It was common knowledge at the time that bromo acids stained the lips, the drawback being that the acid peeled the top layer of skins off.

Hazel searched for an additive which would prevent this. It took her twenty years to stumble upon lanolin. This moisturiser stopped the peeling skin if bromo acid was kept very low. Voile! She had the new revolutionary product. Getting a loan from Barnard College she started her business. In the first year she made $69,000, quite a respectable sum in those days. Four years later she was turning over 10 million.

Unfortunately, her business partner, a marketer, was much smarter in business than Hazel. He quietly gobbled up most of the stock thus freezing the inventor out. A court settlement was a measly $408,000 and loss of the business.

Long lasting lipstick is still here today. Hazel Bishop made her mark in regard to inventing. Her business career did not go so well. We see this story many times. An intelligent inventor needs a trustworthy business savvy partner to succeed in the market.
Chemistry by Ty Buchanan
            Australian Blog   Adventure Australia
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#lipstick   #hazel   #bishop   #invent   #chemistry   #market   #business   #marketing  
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Catholics are Bigots?

It is not necessarily my view but when I was growing up I was told that all Catholics are bigots. It is due to the way they are brought up, being taught to hold strongly to dogma from the Vatican.
Malcom Fraser criticising Tony Abbot prime minister
This may not be true because the majority of adult Catholics do practice birth control even though this is banned by the Church. However, their upbringing is narrowed somewhat by the curriculum of Catholic schools which drives teachings of the Holy Scriptures into a child's mind.

The church of business was Protestant, at least initially. Now, it seems that the Catholic Church provides adults with a far right leaning. For example, a Catholic like Tony Abbott couldn't be further to the right. If he could move further he would fall off the edge.

He loves business and hates everything else. His attack on the tertiary sector is public knowledge. He thinks that money can be taken from scientific endeavour and business will somehow continue to make a profit. This view, of course, is wrong. Particularly today, advancement in technology is the key to making money. He forgets the great contribution of CSIRO. He would emasculate this illustrious body if he could!
Science by Ty Buchanan
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            Australian Blog   Adventure Australia

Businesses Will Treat Young and Aged Employees Differently

With the federal government intending to lift the retirement age because of a shortfall in tax collections, businesses will have to adapt to a new employment environment. The reason given for the policy is claimed to be that the proportion of young taxpayers to middle-aged workers is declining. Of course, this a furphy. There is a shortfall now and the disparity in age sectors is a long term issue.
Older aged mature experienced worker employee
Government will have to subsidize the employment of aged people. Even if the government denies it, this will be necessary. Conditions of employment will have cater for the inability to perform at a high physical level. This is an area where the elderly will not be able to compete. The young will have to vacate their comfortable seats for those much older. This is obvious.

The young can learn from those with a lifetime of work experience, but what can these people learn from the young? Businesses should know that these groups will remain different and will have to treat them accordingly. Taking orders from a person seen as a young know-it-all upstart is not something the experienced will accept.

School leavers have workplace demands. A luxury the aged did not enjoy when they started work at 13 years old. They were treated as dogsbodies: carry this; go fetch that! Giving the young privileges will be frowned upon. If anything, it is the elderly who should get the benefits.
Technology by Ty Buchanan
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            Australian Blog   Adventure Australia

Smart Aircraft Navigation Reaches Brisbane Airport

Technological advancement is moving on apace as Gold Coast Airport in Queensland adopts a new satellite-based aircraft navigation system. It was announced by Warren Truss deputy prime minister and minister for infrastructure and regional development, though nothing was said about funding.

Smart Tracking navigation improves position accuracy of aircraft. The government jumped on the introduction to say it was part of its goal to improve services in the flight industry, an unannounced objective until now.

Airservices Australia managed the set up of Smart Tracking at Canberra, Adelaide, Melbourne and Cairns airports. The improvement has been going on since 2012 by Airservices and has now reached Brisbane. This will meet requirement for projected growth in demand. Let us hope growth actually occurs. At the moment Qantas is not doing very well.

The new system will enable flight controllers to keep aircraft flying over water longer instead of creating noise pollution in built-up areas. To put it bluntly, not all advancement proves useful. Keeping aircraft in the air for an extended time could create organizational problems. It could lead to more accidents.
Technology by Ty Buchanan
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     Australian Blog                         

The Australian Securities and Investment Commission (ASIC) Should Not Interfer in the Market

Was the Australian Securities and Investment Commission (ASIC) set up to improve business or just be a nuisance to operations. Its job should be to police the industry and make things run smoothly. However, putting one's nose in when it is not needed is not the best thing to do.

The mining boom is coming to an end as the Chinese economy pulls back from high growth due to wages rising thus demand falling. Companies are looking to move to other Asian countries where labor is cheaper. Australian mining companies are looking to become producers of other things such as technology.

With this move comes threats from ASIC for the miners to keep their noses clean. Apparently they must inform shareholders before they buy tech companies. We have not reached a point yet where shareholders manage companies. Surely, it is up to the CEO and the board to set future company developments and intentions.

ASIC is making accusations that mining companies are "cooking the books" while buying up tech companies. It has said that miners must not use backdoor listing to hide purchases. ASIC is watching Minerals Corporation Limited, InterMet, Nemex, MacroEnergy and Latin Gold.

Surely, with ASIC already making its claims open, shareholders already know what is going on - normal business behavior. Changing business models is not an area ASIC should be watching. This is nothing to do with ASIC. It should stick to asset valuation and financial reporting. It is ridiculous to monitor how capital will be raised. Interfering in the market just distorts it.
Economics by Ty Buchanan
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     Australian Blog                         

Coca-Cola is It - Just Watching You

We are reaching a point now where you will not be able to stop companies having free reign to monitor and cajole people into doing things enterprises want. The legislation to prevent this will just be too complex to effectively use. Individual rights will be trodden underfoot in the rush for higher company profits as oligopolies rule the world.

These big companies are snapping up smaller rivals at their whim. They have massive amounts of money to spare. Australia is a favored testing ground for such enterprises due to its small population and established markets
. Companies can easily check out something new and see how it will work in larger economies.

Coca-Cola is putting facial recognition software on fridges in Australia so it can watch the behavior of customers and how they react to adds on the refrigerator. Sales have increased by 12 per cent over standard fridges. This is great for building up your waistline and for Coca-Cola.

When you go to get a fizzy drink in future you will enjoy a targeted entertainment program which is really just a colorful add just for you. If it is a hot day expect shows of people frolicking on sunny, sandy beaches quaffing coke.

It must be noted that targeted ads are commonplace today. What do you think Google does with all the data? Facebook is sending ads just for you right now. All the spyware and trojans are just ways of collecting information.

There could be hurdles though - what if governments legislation to make facial recognition an opt in service? Oh, by the way, turn off that location finder on your mobile phone. It is not there to help you! Soon Coca-Cola will be putting drink machines only in hot areas of buildings. Heat and higher sales go together.
Technology by Ty Buchanan
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     Australian Blog                         

The NBN Needs Private Enterprise Not Bureaucracy

If the National Broadband Network ever gets finished health care for rural Australians will improve. The Abbott Government has sacked the NBN board. It has also began an inquiry. When will this end and real completion goals be set? The previous government made the mistake of not having goals. This is what led to its demise in the last election - it had lost its way on most issues.

An inquiry is seen as more "pussy-footing around". We need a clearly defined schedule.  All major construction projects have dates set out for finalization of each stage. Why does the NBN have to be any different? Surely they know how much time it takes to lay "X" amount of fiber optic cable. This is the problem with monopolies: they consume time and money. Why not put stages out for competitive tenders? Surely real competition can get things moving.

The inquiry must come up with positive workable solutions. We cannot have another government mess up. Get rid of the bureaucrats. These are the expensive hangers on. Get private enterprise in on the job. Of course, the problem is - Has the Labor government locked us into unbreakable contracts? Getting out of these contracts could prove to be very expensive. However, something needs to be done, and fast!
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Economics by Ty Buchanan
     Australian Blog                         

Microsoft to Offer VPN

Microsoft is going to offer a way for consumers to get around national firewalls. It is aimed at domestic US consumers to access corporate resources but it will make for a revolution in bypassing national restrictions, particularly for music and television programming.

Of course you will need a Windows mobile phone to access the feature. This is a trump card that Microsoft has played. However, like with cloud services when one enterprise gives something extra all competitors provide it as well.

While it is essentially for business use, VPN access will ultimately be used to access local content in countries that restrict it to their citizens. Just how program providers will react to this is not known. This announcement has been a surprise. However, many users pay a few dollars a month for VPNs already. It makes for easy use of programming supposedly blocked for overseas people.

If business gets "free" use of VPNs, the ordinary consumer will want it too. Soon rivals to Microsoft will take it a step further by giving business and general Internet users automatic VPN access.
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Australian Blog                         

Move by Coca-Cola to Improve Health - or Profit

Coca-Cola announces that it will fight obesity. This is ironic considering chemicals are put into soft drink to make it possible for more sugar to remain in solution. Despite offering sugar free coke, consumers still favor coke with sugar. In the US this is high-fructose corn syrup. Basically, it is still concentrated sugar.

Decades ago major sugar companies paid for research to determine benefits from consuming sugar that could be used in commercials. Unfortunately, findings showed there were no benefits whatsoever. Mankind is addicted to sugar. China, for example, has a sugar reserve to prevent social disorder if international trade is disrupted in any way. People can get there sugar requirements by consuming vegetables. Production of sugar is purely to satisfy an addictive demand.

You cannot blame the community from being cynical about the announcement by Coca-Cola to push low-calorie additives, exercise and no advertising to children. The only real solution is to pass legislation making it compulsory to not add sugar to soft drink. However, Coca-Cola has millions to lobby politicians against doing this.

It must be noted that some American states have limited sales to small cans only. Unfortunately, this is exactly what Coca-Cola wants. People buy two cans now and this increases profit. Let's face it: Coca-Cola knows advice on healthy living is ignored. Furthermore, reduced calorie drinks make up only 25 per cent of sales. It seems that the whole program is a way to make money. At least this is how the public perceives it.
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Australian Blog                         

Worry Over Job Security Increases With Casual Work

Gone are the days of local business monopolies where shops, for example, had a higher profit margin so they could keep employees in secure employment for decades. In the past shopping centers didn't exist and a firm had a local licence. Only one type of business could operate in a regional center. If a shop had the fish licence and decided to sell only fish, no fish and chips, you as a customers had to go without a quick hot meal.

The proportion of casual workers is increasing every year. Just how these employees manage to build up capital for retirement is anyone's guess. Holiday pay is said to be built into casual rates, but this is a myth. Such workers hardly ever take a day off because they will not get any pay.

People worry more over job security than anything else. Despite all the troubles in the world, Macquarie University found employees experience more anxiety over losing their jobs than any other issue. This affects men more than women. Seventy per cent of men worry compared to 60 per cent of women. Young people suffered most: eighty per cent were concerned.
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Australian Fisheries Management Authority in League With Greenies

If you are a business the Greenies can close you down. It's no good protesting about it. Just accept it, sack your staff, and close. That's the message that comes across in the case of a shark fishery in South Australia.

The Australian Fisheries Management Authority has introduced draconian new rules in its protected zones. It is spelled out that when a "trigger point" is reached everything must stop. The authority took the advice of environmentalists and reduced the number of deaths of protected species from 15 down to one as the trigger point.

Because a sea lion was killed the shark fishery must close and apply to reopen in May of 2013. An environmental spokesperson said, "We're pleased that there's now a process in place so that when there are animals killed that steps can be taken in the management of the fishery to make sure that the deaths are limited."

This is shortsighted. Businesses cannot operate in this way. When May 2013 comes around it will not open again. Ex-workers will probably be on unemployment benefits and what little capital that can be gained from a company compulsorily closed will be invested elsewhere.
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Blaming Australian Business for Inaction is Futile

It is claimed by "specialists" that Australian business failed to plan for the high dollar. They carried on without cutting basic running costs. With over 60 per cent of businesses being involved in international trade this is deemed to be a "sin". The American Express FX International found less than 40 per cent did nothing.

The research body said it was surprised at this. It is hardly surprising in the real world where costs are kept as low as possible on a constant basis. How can a business have a program to tackle this problem when it is a daily matter of trading? Common sense would inform you that not much can be done. The market sets the price. The high dollar means firms get less profit when they receive payment in foreign currency. Running costs inside the international barrier in Australia continue to rise. Most international trade is done in US dollars and this has become very weak.

It isn't much good longing for days passed when the exchange rate was less than 50 US cent to the Aussie dollar. It is quite astonishing that the employment rate is so high when times are really tough for manufacturing and retail. Prices are being cut to the bone, apart from food which people must have. Saying firms should have locked themselves in with future exchange contracts is dwelling on something that is impossible to change. The dollar is high and it is too late. Not much can be done now. Australian industry will shake itself out with bankruptcies until survivors can benefit from a weaker dollar which appears to be a long way off.
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Google Beats a Small Business into Submission

Dangle, Dingle, Dongle. They are all out according to the Great God Google. It has taken a business "minnow" offering alcohol price comparisons to court and beaten it to death, well into submission, until it agreed not to use the name "Groggle". This means that Google owns by default all new business names that contain "gle". The result of this courtroom debacle is disgraceful. There should be some way where the little man has the resources to fight a giant like Google. The little business cowered in the corner and quietly murmured "Drinkle! That is what we will call our service." Only then would Google put the big stick down.

What is the world coming to when there is no protection from economic monsters like Google. Though this business wasn't even in the same industry as Google, financial muscle won the day. He had to make an out of court agreement of SILENCE! The owner of the business said he couldn't afford to go on with the court case and Google knew it.

In reality Google is breaking the law. It has not right to control use of similar names. Take for example "Palsonic" that uses a Similar name to "Panasonic" and is even in the same industry. Panasonic knew, of course, that Palsonic had the financial resources to fight, so it backed off.

There have been several cases in Australia where MacDonalds has lost the court battle in regard to similar business names. Thankfully the outcome is uncertain enough to make many large companies think before they act.
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