Tag: business

WHAT RECESSION

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When businesses fail it is easy to blame the recession or Covid-19.  In all but a few cases that argument doesn’t stack up.  Failure is more often due to complacency and miserable management.  Obliged by business appointments to occasionally visit a splendidly situated restaurant I disliked doing so as the service was excruciatingly bad. Is the owner under the illusion that a little Spanish sunshine is enough to compensate for bone idle offhand staff? Rival restaurants lacking such beautiful surroundings thrive. It is service, not the location that puts bums on seats. 

BRANDED FOR ALL TIME

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Corporate identities are part of the advertising landscape.  When out and about and long before we can make out the detail a company brand is identifiable.  Many logos come to mind such as those of Shell, Cadbury, Virgin, carmakers and television giants BBC and ITV. Corporate bodies pay telephone numbers when acquiring or changing their logos.  No upstart rival, even if their product was superior, could hope to compete against established brand names.

The Right is Right Again

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Migration is not needed for growth or prosperity: Domestic industry in Europe’s most conservative anti-migrant nation expanded by 4 percent in the first quarter of 2021 despite the fact that the automotive industry, which has the highest weight and growth potential in Hungary, fell by 3.6 percent. The overall growth spurt despite the slowdown in automobile production shows that right-wing Hungarian industry has a balanced structure and has several strong points.

HUMOUR IN BANKRUPTCY

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We often find humour even under the most dreadful circumstances; it is known as gallows humour. The never-ending recession has produced its own brand of wit. ‘With the market turmoil being what it is what’s the best way to make a small fortune?  Start off with a large one’.

The Bloodsuckers Ball

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The business of war is profitable. In 2011, the 100 largest contractors sold $410 billion in arms and military services. Just 10 of those companies sold over $208 billion. Based on a list of the top 100 arms-producing and military services companies in 2011 compiled by the Stockholm International Peace Research Institute (SIPRI), 24/7 Wall St. reviewed the 10 companies with the most military sales worldwide.