The US government said on Friday that the nation’s unemployment rate has climbed to a 26-year high of 9-point-7 percent. This comes despite a slowing job cut pace.
Approximately 216,000 jobs were slashed in August, the smallest amount since the same period last year. At the same time, the labor force increased by 73,000 workers. Read the rest of this entry »
Sanjaal Corps, a powerful web developing organisation has announced the launching of Forex (foreign exchange rate, exchange rates of nepalese currency against freign currencies) site / tool.
The site demonstrates trend of selected currency (interactive one !! user selects desired currency) - for last 7 days and last 45 days.
The site is : http://forex.sanjaal.com
What Does Greater Fool Theory Mean?
A theory that states it is possible to make money by buying securities, whether overvalued or not, and later selling them at a profit because there will always be someone (a bigger or greater fool) who is willing to pay the higher price.
Investopedia explains Greater Fool Theory
When acting in accordance with the greater fool theory, an investor buys questionable securities without any regard to their quality, but with the hope of quickly selling them off to another investor (the greater fool), who might also be hoping to flip them quickly. Unfortunately, speculative bubbles always burst eventually, leading to a rapid depreciation in share price due to the selloff.
Source : Investopedia Read the rest of this entry »
The songs indexed here contains all genres of nepali songs by various artists from Narayan Gopal to Navin K. Bhattarai.
Single Click to listen online OR Right Click and Save Target As to save in your computer.
The G-20 (more formally, the Group of Twenty Finance Ministers and Central Bank Governors) is a group of finance ministers and central bank governors from 20 economies: 19 of the world’s largest national economies, plus the European Union (EU). It also met once at heads-of-government level, in November 2008. Collectively, the G-20 economies comprise 85%[3] of global gross national product, 80% of world trade (including EU intra-trade) and two-thirds of the world population. <Wikipedia>
The list of countries  of G20 are :
Argentina
Australia
Brazil
Canada
China
France
Germany
India
Indonesia
Italy
Japan
Mexico
Russia
Saudi Arabia
South Africa
South Korea
Turkey
United Kingdom
United States
ENVIRONMENT-BASED STRATEGIC OPTIONS: THE EXPANSION METHOD MATRIX
The expansion method matrix explores in a structured way the methods by which the market opportunities associated with strategy options might be achieved. By examining the organisation’s internal and external expansion opportunities and its geographical spread of activity, it is possible to structure the various methods that are available.
In addition to exploring the routes to develop strategy options, it is also important to explore the methods by which these can be achieved. For example, launching a new product could be done using an existing company or an acquisition, merger or joint venture with another firm. As companies have moved outside their home countries, the methods used for such development have also increased. We have already seen how News Corporation has used a variety of contractual arrangements in different countries in the world to develop its global presence.
Read the rest of this entry »
US GDP falls 3.8 percent, but outlook worse elsewhere
By Laurent Belsie | 01.30.09
The US economy is falling — maybe not as quickly as expected, but sliding nonetheless into a slump that will last well into this year.
Other advanced nations should be so lucky.
It’s clear that America is leading the world into the global slump. Its economy declined 3.8 percent in the fourth quarter, according to new gross domestic product (GDP) data released Friday. But it has an advance scout. Japan, the world’s second-largest economy, is likely to see its GDP fall by nearly 10 percent when it reports fourth-quarter results next month.
What do the following things have in common: cattle, corn, rice, salt, copper, gold, silver, seashells, stones, and whale teeth? At different times and in different places, they have all been used as money. In fact, money is anything that people will accept as payment for goods and services. Whatever it is that people choose to use as money, it should perform three important functions.
WHAT MAKES ‘GOOD’ STRATEGY?
Given the lack of agreement on a definition of corporate strategy and the difficulty of developing it successfully, it is relevant to explore what makes ‘good’ corporate strategy. To some, it might appear that there is one obvious answer: ‘good’ strategy delivers the purpose set out for the strategy in the beginning. However, this begs several important questions: