In an earlier post, we reported that most UK small businesses are no longer seeing the need to name their companies based on their family names. In the survey conducted by British Gas Business , 74 per cent of business owners now prefer more memorable names that are not related to any kind of family ties in forming their business . According to British Gas Business’ c … [Read more...]
Offshoring and quality
It used to be that when an item is “made in Taiwan,” it’s a cheap knock-off that’s bound to break down after a few uses or a short period of time. Now, however, Taiwan is at the forefront of technological innovation, with development of customer-grade and high-end computer systems. For instance, did you know that majority of the laptop computers shipped worldwide were made in Ta … [Read more...]
Offshoring and international economics (continued)
Business process offshoring is basically an offshoot of the “comparative advantage” argument in international economics, where countries that can produce output at lower costs usually get the deal. And lately, this has been true for developing countries, where companies' business processes—including customer contact centers, programming, bookkeeping, and data management—are usua … [Read more...]
Offshoring and international economics
Business process offshoring, or also called outsourcing, is just another economic concept business people are expected to be in the know of. This trend in how companies produce goods or services has existed since decades gone by, but it’s only now that it’s in the limelight, because of increasing pressure from some sectors of western society for companies to stop trading goods a … [Read more...]
New software helps deal with absenteeism
Based on a survey conducted by the Employment Law Advisory Services (ELAS), about one in four small and medium sized business has had more staff taking sick leaves than it has taken action against. But almost 90 per cent of businesses have revealed that they would actually discipline their workers if they were legally confident in doing so. Armed with this information ELAS … [Read more...]