Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, January 15, 2016

Random thoughts on electric (and other) cars.

Autonomous cars, electric cars, and Apple (not necessarily in any logical order)
Mankind, have started dreaming of self-driving cars, maybe even before the invention of the car itself, maybe because back then, people who could afford a private vehicle (where you have horses at the front, driver in the middle, and the VIP cabin in the back); they never thought of driving as an aristocratic activity.
The early ideas were something very technologically-advanced back then (very primitive now), like implementing some sort of metal conductors that will follow signals from wires along the road, so the car will drive in that lane like a robot (see General Motors concept car here).

Thursday, January 14, 2016

What happened to Circuit City?


why was circuit city so successful as to be featured in good to great? 
 




Circuit city was in the right market in the right time, the stores spread from 8 to 53 between 1983 and 1987, let alone the 37 smaller electronics only stores, in the early 1990s it was about 400 stores nationwide, and at that period of time, the personal computer sales were sky rocketing, consumer demand for electronics –video, TVs, vacuum cleaners, microwaves- by the end of the nineties and the year 2000 sales went to 12.6 billion from 1 billion as in 1986, earnings went up to 327 million compared to 22 million in 1986 and the slogan then was “welcome to circuit city, where service is a state of art” the staff were heavily invested in with

Wednesday, January 13, 2016

Market incentives



That's was how I answered a question about "the effects of market incentives", it was a course about social and ethical responsibilities in my MBA program.
I do completely agree with the statement: “profit is the reason for businesses to exist” and the only way to explain why is with examples.
The most powerful stakeholders who influence the business decision making are those who finance it; shareholders, and their ultimate goal from investing money in business is to generate return on their investment, if there’s no satisfactory return, the decision makers in the company will face the possible threat of shareholders withdrawing their investments.