Monday, November 10, 2008

Circuit City Filing For Bankruptcy

http://www.reuters.com/article/ousiv/idUSTRE4AA07B20081111

Circuit City one of the biggest electronic retailers is about to file for bankruptcy. In the article the investors say it was not a big surprise but to me its like wow when will this stop. I would have never thought that a store that I visited as a child would go down in such a way. To read more about go to the link on top.

Monday, November 3, 2008

Verizon's Blackberry Storm

http://news.cnet.com/more-verizon-blackberry-storm-details-surface/

At&t IPhone, T-Mobile G1 and now introducing Verizon's Blackberry Storm. With this blackberry madness there is these days will it live up to the hype? Is it possible to surpass its competitors? I guess we will just have to wait and see.

Monday, October 27, 2008

Gasoline at cheapest price since March 2007

http://www.reuters.com/article/ousiv/idUSTRE49Q7GJ20081027

It's about time! Now I might consider buying a car. Just kidding. Well if it drops some more and less importantly I get my license lets see what happens.

Saturday, October 25, 2008

GM/Chrysler talks intensify, Europe carmakers warn

http://www.reuters.com/article/ousiv/idUSTRE49N8AZ20081024

GM wants to acquire Chrysler. Sounds great for GM but how about the 5000 workers who will lose there jobs because of this. The article also talks about how bad things are going in the auto industry. Its the pretty interesting check the link above.

Thursday, October 23, 2008

Goldman Sachs to cut staff by 10 %

http://www.reuters.com/article/etfNews/idUSLN72138120081023

This is crazy. Less jobs is not what we need right now but I guess if this "new regulatory authority" will promote "better banking" then I guess its ok.

Saturday, September 6, 2008

How much do I know about chapter one?

What is Management?
I Answered: The organization , command and control of a business.
Answer: It is the process of working with and thought others to achieve organizational objectives in a changing environment.

What is effectiveness?
I Answered: When something works.
Answer: Entails promptly achieving a stated objective.

What is efficiency?
I Answered: How stable a business is.
Answer: Enter the pictures when the resources required to achieve an objective are weighed against what was actually accomplished.

What is offshoring?
I Answered: Controlling business over seas.
Answer: The outsourcing of jobs from the developed countries to lower wage countries.

What is the internet?
I Answered: The world wide web.
Answer: The worldwide network of personal computers, routers and switches, powerful servers, and organizational computer systems.


What is e-business?
I Answered: Business over the internet.
Answer: One seeking efficiencies via the internet in all basic business functions, productions, marketing,and finance/accounting-- and all support activities involving human, material, and financial resources.

What are managerial functions? List the ones you know.
I Answered: Functions of managers.
Answer: General administrative duties that need to be carried out in virtually all productive organizations to achieve desired outcomes.

What are managerial skills?
I Answered: Leadership.
Answer: Specific observable behaviors that effective managers exhibit.

What is a small business?
I Answered: A business with a certain staff.
Answer: An independently owned and managed profit seeking enterprise with fewer than 100 employees.

What is entrepreneurship?
I Answered: A risk taker.
Answer: Process of pursuing opportunities without regard to resources currently under one's control.

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A wise man once said "Smart is using whatever you have to get what you want"

Wednesday, September 3, 2008

William Crapo "Billy" Durant (12/8/1861–3/18/1947)


<--- Image of William Durant in his early years.











Image of William Durant in a house in New Jersey in the 1920's --->










<--- Image of William Durant 1940's.