Effects of Inflation on Business 

When we think of inflation we usually think of how it affects us as consumers. But the effects of inflation are wide ranging, including not only individuals but also businesses and even countries. 

When prices are rising too quickly, the resulting confusion can lead to lower investment due to uncertainty about future costs and profits. Poor economic policies can spark or exacerbate inflation, as can a weakening currency.

Here are some factors which could affect inflation on businesses

Consumer Purchasing - Rapidly increasing prices will lead consumer to stay away in droves. 

Inventory cost- Rapidly rising prices will affect the cost of businesses have to pay for materials and inventory.

Price changes - This could also result in businesses to keep printing new menus or changing price tags to list the correct price due to the fluctuation of service and product prices.

Borrowing -  Banks are actively expanding their loan portfolio as the easy money polices of the government kick the economy into overdrive.

Investments- High inflation stymies major investment. When inflation rises materially above the federal target, investor confidence in the economy is reduced.

Employee wages - Typically, employees suffer more than companies due to inflation.In addition, inflation gives businesses an opportunity to reduce the cost of employee wages. 

Foreign exchange - As inflation occurs, the purchasing power of the dollar falls,  relative to other currencies. If the dollar falls in value, costs for international purchases increase.

But, it's quit important for consumers and businesses alike have to deal with the impact of inflation,  in both good and bad. 

 Social media for work place relationships 

The use of internal social networks within your organization has the potential to make a huge difference within your organization. They provide a way for employees to interact and develop as well as give leadership insight into who their employees are and what makes them tick.

Benefits of Social networks 

• Engage and Build Relationships.
• Communicate Effectively Beyond Email and Phone.
• Provide Companies with Trends and Analysis.
• Create, Elevate and Foster Organizational Culture.

How to avoid potential issues of Social media 

• Bullying and harassment
• Damage to employer's public relation
• Accessing social media on work equipment
• Safety issues for keeping password 

For more information about the organisational policy on social media, please don't hesitate to contact Mr.George.

Enjoy social media.  Just remember to be respectful.
 

 

The importance of meeting

Want to build and strengthen your team? Meetings are the answer

Here are the five most important reason you should hold meetings,

1.You Collaborate better 

Sometimes are the best ways to collaborate.

2.Great way to resolve problems

When is there a bigger risk for misunderstandings - when you email someone or meet them in           person? 

3.Need a creativity boost? your meetings can help

"An experiment found that people who first brainstormed ideas alone, then shared their ideas with a group, then brainstormed alone again and family, brainstormed together with the group, were the most creative".

What discourage the attendance of a meeting?

1. Overly long

2.Dreadfully boring 

3. Disorganised   

The truth is, it's not the meetings are bad, its the way we run meetings are bad.

The good news is we can fix it!!! 

Customer information

Customer Information 

"The goal as a company is to have customer service that is not just the best, but legendary."

Providing a best customer service is one of our main concerns in our business model. Therefore, we assure that all of our customers are happy.

According to the recent survey, we have indentified three common issues that our customers face.After taking this into serious consideration we came across with these possible solutions.

Three common customer service problems and how we resolved them.

Takes time to solve the problem.

• We have expand our 24/7 customer service team. 
• Newly introduced call back option is available.

Faulty products.

• We are looking forward to replace the product while providing a refund.
• A new payment getaway has been introduced via PayPal.

Favours that cannot be done.

• Our customer service agents are now trained for proactive solutions in order to direct you in the right track.

And also, we will be running a weekly survey to ensure that the entire process is up to standards.That way, your comments get to the right people we can improve our experience  moving forward.

Answers

1.ELLEN.
2.15 YEARS OLD.
3.PHILLIPPINES.
4.SHE WAS NEVER BEEN TO USA.
SHE DOESN'T HAVE A RECORDING CONTRACT.
5.THE AUDIENCE STOOD UP FROM THEIR SEATS,CLAPPED,AND CHEERED HER.
6.SHE GAVE HER AN IPOD TOUCH.

what i think about girls and boys

GIRLS, well I think they live in a dreamworld, <3 's PINK, <3 's to dress up and so and so, AND WORST of all they take everything seriously :P
But apart from them WE BOYS, takes nothing seriously, thinks that all happen for well, btw who gives a damn for all the small things which happen.....;)

well,last sunday i met all my couzins and decided 2 go carting.Had a tight game and i was able to beat my cousin brother.And went 2 coffee bean for tea,enjoyed the blue berry tart and capuccino.well after all it was a tiring day.:):)