This refers to the "explosion" of social media and social networking website. Social networking is becoming a means of communication and interaction with an increasingly active client base. This has helped the industry in times of tight budgetary constraints.
Companies have also begun to learn ways of positioning themselves on the internet through more customer interaction and networking. This is a relatively cost effective process but pundits point out that the positive aspects of the Internet are countered to a certain extent by the fact that everyone with a "…cheap cell-phone camera and a burning hunger for their fifteen minutes of fame, is a threat to your product." (Grinam-Nicholson, 2009)
In general, Jamaican companies are showing an amazing resilience to the global economic downturn. There are a number of companies who have been posting profits despite the international gloom. These successes have been ascribed to the resilient nature of many Jamaican enterprises. A good example is a company like GraceKennedy. The revenues fro this company increased by $910.4 million in the first quarter of this year, compares to the same period in 2008. Other companies that have also bucked the trend include Pan Jamaican Investment and Jamaica Producers. (Edwards, 2009)
Beside the use of internet...
However, the statistics listed on the AFL-CIO website about "Health Care Facts" are sobering. 47 million people, including 8.7 million children have no health coverage at all. Health care premiums were $1,320 on average in 2001, but skyrocketed to $3,266 in 2007. According to the graphic "Exploding Health Care Costs are Devastating Working Families," every 30 seconds in the United States someone files for a bankruptcy that is related to
Child Policy in China Button, G. (2011). China's One-Child Policy and the Population Explosion. Indian Journal of Economics and Business, 10(4), 467-474. Button is an accomplished author of various scholarly texts and is a holder of a masters of science in education and a bachelor's degree in international studies. In the past, Button has worked as a Research Assistant at the University of Denver, and more recently, he assumed the position
business2community.com/social-media/2012s-ten-worst-social-media-Disaster-0370309 Using contemporary illustrative examples from academic literature and reputable business publications, discuss the concept of "Social Business" and the resultant opportunity and challenges that are currently being faced by the retail industry globally. Concept of Social Business Concept of Social Business with Retailers Social Media and Retailing Best Practices in Administering Social Media There is a growing body of research that confirms that companies of all sizes and types can realize a wide array
(Freyhofer 104) Globalizing clinical research has reportedly proven to be one solution for America's pharmaceutical paradox. Doctors prescribe more than 10 prescriptions for the average American each year. Only one person in 350, however, will submit themselves to be a participant in experimental drug testing. On the other side of the globe, however a profusion of under-treated, poor, physician-trusting patients who live in Latin America, Eastern Europe, and Southeast Asia
Finance-dominated proponents also maintain that boom economic periods generate a more varied divergence of valuations that fuel merger activity (Medlen 2007). In this regard, Medlen concludes that, "Taken collectively, these understandings may explain some of the merger activity in booms, but they involve certain asymmetries that undercut their explanatory power. High stock valuations allow stock to be utilized as currency and collateral for takeovers; yet stock booms also make
Target Corporation: Corporate Structure, Strategy, and Competitive Environment The Target Corporation is fascinating, as it has been able to grow and compete with others that are better known, such as Wal-Mart. A history of the Target Corporation is important, but it will be kept brief and to the point, as there is more of a need for analysis of the current situation with the Target Corporation than there is for a
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