Category: Business

2020’s Top 6 Indian Companies

With an ease of economic crisis over the past few years, startups and new businesses seems to be flourishing with time. We have heard about several startups dying without an utterance. But these 2020’s startups has put their best foot forward to help people across the nation.

WOW

Wow! Momo, founded in 2008 is a popular food chain that has evolved so much that it has taken over several other food chains catering momos. Wow! provides their speciality in burgers and unique Tibetan food. It’s total funding rounds to $470 Million.

Zomato

Zomato just like other successful startups has become a synonym for food in general.  It’s overall funding rounds to $755.6 Million.

The Minimalist

If you want to look forward to meeting a top design and consulting agency, then Minimalist is the one to run to. It is one of the most sought-after agencies that help brands accelerate their growth strategy, design, and communication. Founded very recent, Minimalist has carved a niche in creative inventions. 

Ola Cabs

Ola Cabs has taken over the roads with turns of swiftness. We cannot imagine travelling without ola cabs. Its total funding is around $3.8 Billion. 

Nykaa

Nykaa is the perfect destination for women whose beauty needs stop right here. 

POPxo

POPxo is a widely known digital media venture. They deal with everything from fashion to lifestyle for women. They have outgrown themselves and are constantly on the radar to boost women’s confidence and their overall facade.

INDIA MOVING TOWARDS SELF RELIANCE

Progress of India towards self-reliance is governed by certain pressing issues and their timely solution to achieve self-reliance. India has succeeded in keeping the rate of spread of Coronavirus which has caused a lot of injury to the social and emotional status of the society and created obstacles for India in achieving the aim of becoming self-reliant and seek self-sustenance.

If we look back to the days when economic reforms were introduced in the 1990s that gradually brought improved result in bringing the economy on the right track and resulted in improvement in the living standards of the people. However, we could have put in more thrust on technological and related advancements. This lacuna surfaced because of the trade policy on import and export of the goods.

The Central Government is now focusing more on development of infrastructure, usage of technology to optimum, upliftment of human resources. This is the right time when India can revive the economy by bringing about some major changes in the usage of available resources with the help of penning down new methodologies.

Issues that have caused hindrance for India’s progress towards self-reliance are; keeping away from full open markets that aligned with globalization, rate of production and manufacture, China playing an indispensable role in the Indian economy, Centre-State face off in concurrent sectors particularly agriculture.

If we shift our focus towards the solutions available to us viz. the availability of trained and skilled workforce for self-sustenance, shifting the dependence of manufacturing from China to India. India has a considerable young population strength that can be trained to attract new investments from global manufacturing giants. Optimum utilization of Indian human resource can set a new trend in the global economy. India is a ground for development and also a market with a huge potential for finished goods.

India possesses relevant aspects for generating the demand and consumption of the supply which can boost Indian self-sustenance. At the same time, while striking the balance between opening more areas for investment, India needs to seek healthy competition among the local and regional level. An opportunity to recognize the scattered local expertise of the Indian people in creating hand made useful things.

Policies can be framed to give more inclination towards local innovative crafts and skills so that they survive capitalism. Increasing control over agricultural products, defence sector, public health system and developing an indigenous chain of supply will enhance the self-sustenance. Increasing transparency in government purchase system adopting global procurement standards can enhance the rate of provision of material for expecting real-time growth.

India can focus on areas where it can shoulder the leadership and invite the investors. Usage of technology for the growth of Indian subcontinent is still underexplored. The world has turned virtual and advancement towards artificial intelligence and automation is the need of the hour. Hence, it can be summed up that framing real-time policies that focus more on meeting the results and adequate pumping of resources for proper development of education sector, health sector and catering for training the human resources will take India a step closer to achieve self-reliance.

Stop the Nonsense – The MBA Market Is Not Flooded!

It’s hard to imagine that anyone would suggest that pursuing a better future through education is a bad thing.
Yet, there are some critics – in the media, government and even in academia – who would want people to believe that there are too many people pursuing a master’s degree in business, often referred to as an MBA.
As Dean of Graduate Programs at Herzing University, I have tracked articles written by alarmists who are questioning the continued value of obtaining an MBA degree. These articles try to scare readers into believing that the job market is saturated with MBA holders.
I acknowledge that during the “Great Recession” of 2008-2009 many people with advanced degrees became unemployed and had struggled to find that corner office job again. But it’s important to recognize that many more individuals with undergraduate degrees or no degree at all lost their jobs and are competing for jobs against those with MBAs.
The evidence today supports the value of the MBA degree across all regions of the United States, including the job demand for well educated, critical-thinking, problem-solving leaders.
In Akane Otani’s January 7, 2015, article in Bloomberg Business, “Salaries for Business School Graduates Will Go Up in 2015,” Otani reported that more-than-half of the 169 employers who responded to a survey by the Graduate Management Admission Council said that they will raise beginning salaries for newly hired MBAs to match inflation. Otani’s article also identified that almost 20 percent of the employers indicated that they would increase salaries to exceed inflation. In addition, 72 percent of the companies expect to hire MBAs in 2015, as compared with 69 percent in 2014. I may be wrong, but rising entry-level salaries and increased hiring across almost three-quarters of the economy are not on the list of supply glut indicators.
A more recent article by Andrew Eder on March 2, 2015, published by BBC about a Wisconsin business college, shared that it had seen job postings for MBA graduates increase 36 percent in 2015. One business dean quoted in that article stated, “It’s going to be a (graduating) students’ market for the next 15-plus years.” In support of Eder, during the May 2015 “Association for Talent Development (ATD) Conference” in Orlando, Fla., the sentiment about the future prospects for MBA graduates from over a dozen attending college and university representatives was optimistic.
In Eder’s article, Barbara Hewitt, Senior Associate Director of Career Services at the Wharton School, stated that its MBA graduates only had a 4.2 percent unemployment rate six months following graduation – almost the exact findings reported by Herzing University. Strong employability prospects are probably the best reason to earn an MBA.
My advice is that the next time you see an article headline questioning the value of the MBA in today’s market, don’t waste your time with alarmist rhetoric. The evidence is clear. The evidence is convincing. The opportunities for the prepared MBA graduate are here today. The economy is growing, businesses are hiring, and competition from undergraduates will increase. It is your time… your money…your career… it is time to further your career with an MBA.
Dr. Ron Kern is the Dean of Graduate Programs at Herzing University. He previously served as Dean of Graduate Programs at Kaplan University and Dean of Academic Affairs at the Fischler School of Education and Human Services at Nova Southeastern University. He is a frequent speaker in the areas of graduate business, nursing and education degrees; doctoral dissertation completion; and Hispanic attainment and success in higher education.

Do You Know, Why We Write Blogs?

First of all, what is the blog, everyone knows the blog, but here is the question of what is the technical turn and where is the origin of the blog? well, I tell you, the blog started out as a mix of what was happening in a person’s life and what was happening on the Web, a kind of hybrid diary/news site, and a person who has knowledge of how to post any news or new thing they begin their life with small blogs and they continue to word the success. furthermore, look about the origin of  The word “blog” is a shortened version of weblogs or weblogs. Besides being shorter and catchier, “blog” seems less likely to cause confusion, as “weblog” can also mean a server’s log files. in the past, not many people aware of the posting blogs, and there were not many facilities provided on the internet to post a blog, but in the last 10 or 15 years the trend of posting blogs is growing like a rocket.

people post many kinds of blogs like technology, photography, lifestyle, cooking, daily knowledge, general knowledge, news regarding pollution and Government, and many more. by sharing the post, people can share their experience and they can also pass their time if they do not have work to do. Nowadays, many companies and organizations like EDUindec.com and other NGOs higher the writer and give access to write something and post on their website or share on their social media and get the popularity, many organization also provide the education on these and how to bring more people on the site by getting this education on can easily understand the process of SEO (search engine optimization). there are some websites and domains, which provide free workspaces to write or promote social media handles.

However, many online e-commerce sites also on the trading and they start there platform by sharing the information on the blogs and through they share the product on their blog like clothes, accessories, computer parts, cooking books, and more. there are some famous bloggers Amit Agarwal, who is a Google Developer Expert, Amit Bhawani, who is also a famous tech blogger and he also has own youtube channels, so he starts to build his future by posting technology-related blogs, and in last, Srinivas Tamada he also famous Indian blogger post blog regarding the SQL databases and new database software for those people who wont to know about the databases of companies.

Here some advantages of having and writing blogs:

 

  1. Instant Marketing and Publicity: Now as people read, they learn about your work, your life, and/or your interest. You are on-air as long as your website is up. For about 10 to 30 minutes a day depending on how much effort you place, you are to impart something different to your readers, it might be knowledge or entertainment but as long as they get something, they finish your article with you leaving a mark in them at that moment. And that’s what’s important, ’cause when you do, you just got yourself a tribe.
  2. Increase in Search Ranking: Compared to a static portfolio, a blog counterpart is much friendlier to search engines because of the fresh content it offers once in a while. The friendlier you are, the better chances of you being searched for. And in case you haven’t thought about it, your blog can also include your portfolio which can be easily update-able rather than tinkering with your.html code just to insert another work.
  3. You gain additional income: Some of the successful people in the blogging industry choose to have additional income by placing some ads beside their website.  In some cases, their website becomes a marketing tool for other companies because of market specifics they cover. Other companies don’t like to make blogs for the heck of it, so in turn, they use other bloggers to market their services or product, and guess what? They pay for it!, For other online ad-companies, a mere browse through is enough to add to your piggybank, for others, you need clicks and to some, you need sales. But whichever the case is, you are earning passively for writing about things you love.

 

 

FINANCE-SOME BASICS

Finance is required by a business to establish and run its operations is known as Business finance. No business can function without an adequate amount of funds for undertaking various activities. The funds are required for purchasing fixed assets (fixed capital requirement), for running day-to-day operations ( working capital requirements) and for undertaking growth and expansion. Finance is a major function of any business enterprise, it deals with the arrangement of an adequate amount of capital to achieve the objectives of the enterprise and for the development of the enterprise.

SOURCES OF FINANCE FOR DIFFERENT TYPES OF BUSINESS FIRMS

No one can start a business or run an enterprise without adequate funds. Every business requires money to start which is called initial capital. In business, capital is required for both productions as well as the distribution of goods and services. The amount of capital required depends upon the nature and size of the business. The requirement of capital and sources of capital for different types of business firms are:

1. Sources of finance for sole trade

 A sole trader operates at a smallscale and requires a limited amount of capital to procure fixed assets and also for meeting day-to-day expenses. The proprietor brings in his capital to meet the above expenses. In a sole trade, owned capital consists of the owner’s contribution, and also earned profits are credited to his capital account at each financial year. In a sole trade, owned capital consists of the owner’s contribution, and also earned profits are credited to his capital account at the end of each financial year. In addition to this, a trader can raise by taking a loan from his family, friends, relatives and any known people and also can borrow money from banks and any financial institutions. Short-term finance to meet the day-to-day expenses and requirements may be obtained from commercial banks and long-term finance for the purchase of fixed assets is obtained from the state financial corporation and other financial corporations. The Central and central governments also provide financial assistance to small scale units to encourage Entrepreneurship and self-employment.




2. Sources of finance for a partnership firm

Capital requirement for a partnership firm is bigger than that of a sole trader business. The owned capital is contributed by the partners themselves in an agreed proportion. Accumulated profits of the firm credited to the accounts of partners also constitute a part of owned capital. A partnership firm can also raise loans from commercial banks and other financial institutions. In case of need, partners also advance loans to the firm.

3.Sources of finance for a joint-stock company

A joint-stock company generally requires a very large amount of capital in comparison to a sole trade and a partnership firm. A joint-stock company raises capital through the issue of shares and debentures. In addition to the issue of shares and debentures, it can utilize and retain profits in the form of reserves. It can raise borrowed capital through loans from financial institutions and commercial banks.

How Social Media fits into Digital Marketing.

Social media is one of the most important platform for digital marketing as the presence on social media helps to reach out a number of audience which later turn into their customers.

Digital marketing uses the social media platform to promote their business ideas, products or services. It is the best way to engage traffic to their sites and attract large amount of audience. The main aim of digital marketing is to reach the target audience and social media helps it to reach millions of people around the world in just few minutes.

Benefits of Digital marketing on Social media.

Improved marketing strategies.

As social media allows people to connect with each other and it also allows the marketers to observe the user data and the day to day activities of the people or customers and get to learn their intrests and dislikes and then take further steps on a regular basis to plan their marketing strategies accordingly, this leads to an improved and stable marketing business.

Improvement and increase in sales.

As social media allows the customers to view your products and order online they take the opportunity and avail the offer or services as soon as possible. As the customers reach out to your products and make a purchase, you can get the credentials which are required to contact them later on for further more advertisements. Moreover if they tend to like the product, chances are that they could become your regular customer and the reviews they leave online and the people they meet and let them know about your business will also help in the publicity of your company.

Improved customer satisfaction.

The most important aspect of Social media in terms of digital marketing is that it helps the customers to keep their word, send their feedback and ask their questions or queries regarding the products or the brand. Social media allows you to quickly review their feedback and quickly resolve their queries, this way the customers have no doubts and this operation leads to satisfied customers and what do satisfied customers do? That’s right they are your lead and will help you in boosting your business.

Improved Brand awareness.

Having a strong brand name on social media is very important as majority of the customers before buying any of their desired products go through online websites and social media. A strong. Brand name could attract them to your product and make them your customer. You can take your brand on Facebook and Instagram for better results, as by publishing Facebook ads, it could lead to get you a lot of customers.

Improved SEO rankings.

As the audience from social media carry a lot of traffic to your website, it makes you stand out from your competition due to the social signals received by your website. As a result search engines are more likely to rank your site higher in terms of relevant search results.

Improved and increased web traffic.

As you promote quality and informative content on your social media profiles, it will give rise to the toll of followers and customers to your website and will eventually lead to a lot of sales.

As we know that social media is the latest addition to the digital marketing world as it promotes all kinds of messages and brands on top quality social media apps like Facebook, LinkedIn, Pinterest, Instagram, Twitter, Google+, Snapchat and Tumblr which obviously catches the eye of alot of audience and leads to the promotion of the brand.

The technique of social media is really simple, create the content and use the social media platform to promote it and gain audience and hence social media marketing has become a part of digital marketing.

The major advantage of social media is that it is completely free to use and promote your stuff without even spending a single penny unlike some of the digital marketing tools. You can make daily progress and updates without worrying about the money.

Conclusion

There is no scope for loss when you take your business on social media, there is only one way and that is the route to progress and success. If you have your business online but not on social media it is like owning a business and not letting anyone know about it.Last but not the least social media gives you the valueable opportunity to gain new insights into your customers,it leads you to the customers who believed your business did not exist.

How to use Facebook Ads to Boost your Real Estate Business.

Facebook is one of the biggest platform to podcast your ads and boost your real estate business. With a huge number of audience present at one platform,thus you are able to reach billions of customers at just one go. Audience of all sorts of age range can be found on this platform.

How Facebook can be crucial for real estate advertising.

As we know billions of people who use the internet are on Facebook.People tend to use the internet for all sort of little things. As compared to the old times people don’t tend to find their homes through their relatives or friends, now everything’s online as with just one click people tend to find their dream home. By advertising on Facebook it makes you reach a lot of potential customers.

How to setup a real estate ad.

First you need to set certain goals and organize a campaign level as to what type of ad you would want to run and the sort of public engagement you expect. Facebook allows you to set the audience who can view your ads and who don’t. So it’s best for you to choose the homeowners and deny the local realtors. You can add text, images, videos, buttons and actions in your ad.

Benefits of using Facebook to boost your real estate business.

Traffic ads.

Traffic ads allows you to showcase the ads to the people who certainly click on the ads. These types of ads work best when you are trying to drive traffic to your page and the audience will give it a lead.

Engagement ads.

These types of ads will be shown to the people who always like, share and comment. This ad works best when you are trying to make a name for your real estate business in the community.

Retargeting ads.

These are the ads which are designed by Facebook and are viewed by the audience who already know your business this will help you to stay on top of their heads.

This is why Facebook is the best platform for advertising your business as it reaches out to all the potential customers by sending the right ad to the right person at the very right time.

Targeting the audience.

There are several ways in which you can target the desired audience.

By Demographic

It is the study of population based on the factors of age, race and sex. By this you can target various types of people such as homeowners, First time home buyers, new parents, adult parents etc.

By Geography

You can target people living in the same neighborhood, same city or same country by the use of zip codes and also with the help of Facebook to mark a radius around a particular address.

Allow your ad on Facebook for a short period of time as when the clicks on the ad goes down your ad cost goes up. So the shorter the better.

Tips

Tips to use the Facebook ads.

Always add a link to your ad as many people don’t know where to click while seeing an ad but always will know that the link will lead them to the right place.

At the end of your ad always add some catchy advertising lines such as “call us anytime” or “We are always available for you” .

As Facebook is obviously a part of social media and social media has all sorts of emojis and people tend to like seeing some sort of expressions with the text they are viewing, so we highly recommend you to use them as a part of your ad.

Use good images and videos, this will catch the eye of the customer as they like the image attached to your ad they will very well view your add and also might click the link in the description and lead to the official site.

Do not provide all the information on your ad, it’s just supposed to be a teaser so that they can click and hop onto your ad for all the required information. That way they get to know you and you get to know them.

Stay consistent as Facebook Ads also takes time to catch the eye of an audience and by repetive availability of the ad on the screen the audience recognizes and remembers the ad or brand.

The power of Facebook Pixel.

If one wishes to carry out a retargeting ad he must have access to Facebook Pixel. The app tracks the leads of the audience so Facebook knows if someone has visited your site before. The power of Facebook Pixel acts in a way that after the ad is published the Pixel enters the learning mode and learns about the type of people that have visited the ads and once it understands the algorithm of the situation, it will show your ads to the similar audience.

The audience should be able to contact you easily so make sure to put your contact information on every page of your website.

Conclusion.

Real estate business requires alot of leads to promote and settle and that’s where Facebook Ads are used to boost those leads. It is the most effective way to generate leads cheaply and quickly.

Master plan of China- DISCLOSED!!!

The life after the pandemic situation will not be normal again as this pandemic situation is also not normal.

Knowingly or unknowingly the virus developed in China (according to news) created the biggest impact in the health and economic sector of the world. Nobody knows how much time will it take to come out completely from this pandemic situation. China with the most power in terms of technology and population might have a master plan to be executed in the name of Novel Corona virus by supplying the goods of medical department and further other essential commodities which might be needed by the people in the near future to the world and soon they will earn billions of dollar by supplying it to the world. So, again now world will depend more on China than before.

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We as a responsible citizen of India, need to stop the master plan of China as in the near future it will harm us very very badly. Let us understand by an example, India is surrounded by countries like Pakistan, Bangladesh, Sri lanka, Nepal this all countries have taken huge amount of money from China like wise Pakistan took huge money from China to develop a road passing from the mountain, so now Pakistan is in debt to pay the money and in return China can do anything to gain the money back. Pakistan took more money from China than from IMF, and has to pay around 19 billion US$, which will be extremely hard for Pakistan. In the same way Sri lanka owes 1.4 billion US$ which is left over from from 99 years and now China will ask for payback or will capture the Sri lanka. Bangladesh debt for 64.9 billion US$. India is also in debt of paying to China, but China will not capture India first it will first capture our surrounding countries and than head towards India. So, we need to become very attentive towards each step of China and understand their activity, we also need to stop buying Chinese goods to save our country and instead go for Made In India goods. JAY HIND…

made-in-india-vector-16416448

Block chain Technology- Implementations

You must have heard a lot about the emergence of blockchain, isin’t? But here in this article, we will focus on the practical issues for blockchain implementation.

Introduction

In the tech world, blockchain technology is still the leading buzzword. Its ability to work in a distributed environment without getting tampered is the core source behind all the hypes.

As the technology is still in its developing phase, despite various possibilities in almost every sector, it will still take some course of time to get over all the challenges it is facing right now. Let’s explore what the practical blockchain implementation issues are.

As blockchain is revolutionizing rapidly, its scope and career opportunities are beyond imagination. If you are looking to start a profession in blockchain space and want to become a blockchain expert or a blockchain developer, favorable chances are on its way.

Practical Blockchain Implementation Issues

Blockchain technology is an algorithmic immutable ledger that presents a future-ready architecture for organizations to transact and exchange business-related information securely.

Does it mean it has no challenges? Of course not. There are various challenges associated when it comes to implementation. So let’s get started.

Lack of Internal Blockchain Knowledge

The first and foremost challenge while implementing blockchain is that most organizations have insufficient knowledge about technology. Companies do not have Blockchain experts and professionals who clearly understand the core concept of technology.

Thus organizations find it challenging to choose and adopt the best enterprise blockchain platform. Moreover, the companies are not aware of blockchain implementation steps that should guarantee the best outcome.

High Implementation Cost

Although popular enterprise blockchain platforms such as Hyperledger Fabric have made great strides in terms of the transaction speeds( just about twice the rate over VISA platform), most of the existing platforms such as Bitcoin(transacts 3 to 5 transactions per second ) and Ethereum (up to 15 transactions per second ) are inefficient in terms of speed of transactions and the energy consumption. Thus we can infer that the most convenient blockchain platforms come at a vast implementation and energy costs.

Backup and Recovery

Backup and recovery of data for blockchain networks are also one of the significant implementation issues. Although theoretically, creating a new node is easy, but it’s not practical spending several hours for a new node to sync with existing blockchain nodes and transfer configuration metadata. The recovery becomes even more critical when there is a requirement to migrate a node across datacenters.

Data privacy

Data privacy is a crucial bottleneck problem in blockchain as most enterprises do not appreciate the case where anyone can view their sensitive data, which might be delicate to their core business. Those who plan to share confidential business data are worried about confidentiality between several participants and shielding this data from access by other companions.

But, when blockchain nodes are run as a managed cloud service with users only able to access them through the APIs and event subscriptions, data privacy can be maintained to a great extend.

Blockchain Interoperability

Although they are various enterprise blockchain platforms, interoperability is a pertinent issue to which Blockchain developers are looking for mass adoption. The basic idea is to join one particular platform and to utilize the service on another enterprise platform if required without any severe compatibility problems.

Therefore, developers are finding a way through which users of different software can interact and conduct meaningful business.

Performance

In the blockchain network, the performance requirement is never the same. It varies from one scenario to the other. Like for example, the performance metrics include throughput and latency, and outcomes will vary in terms of network size and hardware configurations, and the tradeoffs between higher throughput versus lower latency.

Thus, based on the deep understanding of the business demands and platform architecture, a reasonable performance optimization solution needs to be adopted.

This is not the end of the list. Moreover, a lack of regulatory clarity is one of the significant implementation issues. Many governments are still unsure about how they consider this technology from a legal standpoint, and this leads to complexity.

Conclusion

Enterprise blockchain is gaining popularity and adoption in almost all sectors and for different use cases. Although blockchain might seem to be offering several advantages to the industries, it needs to be re-architected depending on various use cases for greater acceptance of enterprise blockchain in the mainstream.

The buzz around blockchain probably won’t subside, so hurry up and upgrade your skills now with the best online Blockchain certification courses.

To get instant updates about Blockchain Technology and to learn more about online blockchain certifications and become a blockchain expert, check the online opportunities which deals with all levels – beginner, intermediate and professional learning.

Business Environment

Business is a very economic activity of buying, selling, manufacturing, and rendering auxiliary services to trade and generating income through this activity. Modern Business is the economic and social organ of the society and also of the country and in today’s world modern business is not independent and it cannot work in isolation and business environment constitute- Government, public and economic, political and social situations constitute the business environment. Business environment may be defined as those conditions and forces external to a business unit under which it operates and these forces include government, suppliers, customers, creditors, political parties, socio-cultural organizations, and internal organizations, etc. Some of these may be direct influence over the business firm while others may operate indirectly. “Business environment encompasses the ‘climate’ or set of conditions, economic, social, political or institutional in which business operations are conducted”- Arthur M. Weimer.

– From opentextbc

The broad national economic environment is set by the nature of the economic system embodying the nature of property rights, ownership means of production, the role of planning, the functioning of the price mechanism, etc. Judged from these angles, the economic system of a country may be characterized as capitalist, socialist, communist, or mixed. The business environment consists of all those conditions and forces in the surroundings of a business enterprise under which the business operations are to be carried out efficiently and effectively and without any mistake. The management of the environment forces is an important task before every businessman of today and suitable decisions are required to be made in respect of various developments that are expected to take place for shaping the survival and growth of the business.

Characteristics of the business environment

1. The totality of external forces: The business environment is the total of all those factors/forces which are available outside the business and over which the business has no control. It is the group of many such forces, that is why the nature of it is totality.

2. Specific and General forces: The forces that exist outside the business are (a) Specific forces: These are the forces which affect the firms of an industry separately like customers, suppliers, etc. (b) General forces: These are the forces that affect all the firms of an industry equally, e.g., social, legal, political and technical situations.

3. The Business environment is dynamic: It is obvious that the environment is a mixture of so many factors and there are constant changes in some of them, due to these changes the business environment is dynamic.

4. The Business environment is complex: The nature of an environment in any field is the combination of so many factors and all these factors are related to one another. So the influence that they exercise on business cannot be recognized independently. That is why it is difficult for a business to face them.

5. The Business environment has a long-term impact: Any change in the environment has a long-term effect and impact on any kind of business because the changing environment affects the profitability, productivity, and development of the business.

6. The Business environment affects different firms differently: A change in the environment doesn’t need to affect all businesses in the same manner. One business may welcome the change in the environment while the other may not. Therefore, it is a special o environment that affects different businesses differently.

Easing out the lockdown

The World Health Organization (WHO) has declared that the rate of infection of coronavirus has increased in those countries that relaxed the lockdown at once. They have indicated that underestimating the challenges that may arise in the future needs to be taken into consideration by the stakeholders.

WHO Director-General Tedros Adhanom Ghebreyesus has said that China and Germany have reported an increase in cases after a lockdown was relaxed. Any lifting of restrictions imposed for safeguarding the people be done with proper planning and catering for the contingencies, which includes testing on priority and vigilance of the government on every development.

The country lifting the lockdown should possess enough medical potential to deal with the development of new clusters of the coronavirus. Easing out the pressure on medical fraternity is the need for time as they are under stress for the last couple of months. A gradual and firm approach in lifting the restrictions is required. Indian public health system has been doing well when we think of coping up with the coronavirus pandemic.

India needs to facilitate investment in the health system to cope with any development of the second wave. The limitations of testing can be addressed by the government on top priority to avoid any resurgence going unnoticed for a longer period. A steep rise in the infected coronavirus cases can be seen for the last three days, India is about to touch the figure of the daily rise of coronavirus infected cases to ten thousand which is a matter of concern.

Rolling out of effective plans to revive the economy amidst the spread of coronavirus after keeping a lockdown for a considerable period is understood. However, hurried opening or relaxing the restrictions may boomerang on society and can cause a huge spread of coronavirus. Social distancing measures can be converted to the law for a certain period and people breaking the same can be imposed a penalty to stay in quarantine etc. this will reduce the unnecessary burden of movement of people.

Health and survival of the people be given the topmost priority over giving impetus to economics. A steep rise in the coronavirus cases during the past week in India is a sign to the government to monitor the cases more closely. The government needs to plan an effective exit strategy for a smooth transition from a complete halt.

Workplaces that require less manpower and contribute more to the development of the economy can be opened by the government on priority rather than the opening of malls and educational institutes that may become a hub of the spread of the infection. India has succeeded in keeping the mortality rate low due to coronavirus at a bare minimum in comparison with the developed countries of the world who delayed the lockdown and suffered the loss of lives.

Migrant workers moved to their native place causing economic loss to the place from where they moved and adding to the burden of accommodating them to their native place. Unemployment is increasing in urban areas and the migration of people has carried the infection to rural areas too. Unambiguous guidelines of the government are required and center-state face-off must be avoided on political grounds by both, rather the states should support the central government in dealing with the entire scenario diligently.

Worst incidents of 2020 till date!!!

2020 is probably the year of histories to be created and to taught in the coming decades that how intelligent and cruel are the humans!!!

There is the series of bad events on it self starting of the year…again and again humans are proved that the level of damage can be upmost by them. We are taking ourselves to the path of destruction which might not have any end. Let us see what are the events that give us hint that 2020 will be written in history.

1- Australian forest fire

Australia encounters fires almost every year but this time it gave a new signal. Over 1 billion animals are believed to be dead and an estimated 2,000 homes were lost, the overall damage and economic losses would reach 100 billion US$.

brown open field
Photo by Matthis Volquardsen on Pexels.com

2- Flood in Jakarta- Indonesia

In Indonesia, flooding is common particularly during the rainy season of October-April, but this particular flood occurred in January and killed almost 70 people on Sulawesi Island and hundreds of people were displaced by heavy rain in West Java.

man pouring water from dipper on blue and grey house
Photo by hitesh choudhary on Pexels.com

 

3- Riots in Delhi

Riots in Delhi was based on anti-CAA protest in which violence, property destruction and also rioting that killed 53 people, most of whom were Muslims shot, slashed with kicks and set on fire by Hindu mobs in North East Delhi.

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Image source: This week

4- The Pandemic- COVID-19

This is the worst situation till date of 2020 a 2 gm virus( research says that total molecules of corona virus from all over the world would weigh 2 gm i.e. equal to a coin weigh) it almost broke the economic condition of every country in the world.

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Photo by Edward Jenner on Pexels.com

5- Olympics & IPL- 2 biggest event of world brought to halt.

Due to COVID-19 outbreak 2 most popular event were called off which was very disappointing for the players as well as their supporter.

 

6- Brutal killing of Saints

This incident took place in Palghar were people of village mysteriously attacked the van on saints which was heading towards their senior saints funeral program. People on investigation said that they were informed that this van contain corona virus patient, it was more worse when police also joined people in this attack.

Man-Lynched

Image source: Siasat.com

7- Gas leakage- Visakhapatnam

This was a major gas leak in LG polymers chemical plant in Visakhapatnam which killed 11 people, 800 were hospitalized and many more faced issues like headache, ill, vomiting etc.

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Image source: The Hindu

8- Justice for Blacks

The conflict raised when George Floyd, 46, died on May 25, after a video showing a white Minneapolis police officer kneeling on his neck for almost 9 minutes.

crowd of protesters holding signs
Photo by Josh Hild on Pexels.com

9- Indian cinema lost 2 gems

Bollywood lost 2 precious gems Irfan Khan an Rishi Kapoor. Actor Irfan Khan were facing problem related to Neuroendocrine tumor which became the reason for his death where as on the other hand actor Rishi Kapoor died by Leukemia.

10- Brutal death of a pregnant Elephant- Kerala

This incident took place in Velliyar River in Kerela where a pregnant elephant came in search of food where local offered a pineapple loaded with fire cracker which exploded in her mouth, doctors tried to save her but unfortunately couldn’t save. Suspect was arrested by forest officials and was interrogated. This shows how cruel has mankind became over the years.

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Image source: Facebook

 

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REOPENING OF SCHOOLS

The pandemic of Coronavirus that has engulfed the globe has also motivated us to find solutions for living life with Coronavirus. Our life will not be the same as it was till Coronavirus is around and the medical fraternity comes up with certain medicine that would increase the chances of survival of the people. A nationwide debate has begun about the reopening of schools and educational institutions.

The lock down that commenced from March did not affect the academics as the majority of learning was already completed and only assessment was to be completed. Students could stay at home safely during the spread of the Coronavirus due to the timely closure of the educational institutes by the government.

The time has come when the new academic year is about to commence. The government and the educational stakeholders are in a fix over the methodology or concrete path to be followed for the reopening of the schools. What should be the guidelines to obviate the fear of all the stakeholders about economical aspects and above all safety of students.

The medical perspective has put forth two issues one is safety and protection of the students, teachers, and families, and the other is the prevention of the spread of disease through schools as a hub for the same. Students have a habit of socializing and they are at greater risk than those who will follow the medical guidelines in letter and spirit. It is a difficult task to ensure all the youngsters at schools and colleges following the guidelines on keeping themselves safe. India is a densely populated country and the cases of Corona infection are on rising day by day. Hence, a judicious and careful approach for the reopening of the schools is considered by the government by finding a novel approach to handle the situation.

Factually the corona infected cases are increasing in India and experts have been forecasting that the country may reach a peak in July. Keeping in view the aspect of the increase in the number of corona viruses infected patients by July would pose a different challenge to the government if it opens the schools. Parents association and some activists have already filed cases in the court of law for seeking a delay in the opening of schools.

Though in urban areas online classes are about to become a routine concept. The condition of rural areas in terms of online connectivity is a matter of concern, putting the rural students at a disadvantage. A thought over long term impact on students residing in remote areas and with no resources be also given.

The students can be called to school physically in the second half of the academic year, in the first half certain measures that would reduce the burden on students and the teachers can be initiated. Reduction in the syllabus is one such aspect. The planned conduct of online classes can help all to achieve concrete success in the first half.

The development of a vaccine is in progress and let us hope that we get the same soon. This is the time when we can redefine the education system and help the Education sector find a new beginning. We need to provide the best education to the students.

World food safety day.

we all know that food is important to live life, and it is also a basic need of the human cycle. from the last two years from around the world, people celebrate the world food safety day on 7th Jun, this day was declared by The United Nation Organisation’s Food and Agriculture Association introduce it on 16th October in 1945. the moto to create world food safety day is to create awareness about the existing problems of obesity and malnutrition due to hunger. at an early age, in these only 150 members they have to organized activities and events in an effort to end hunger and promote a healthy lifestyle. When they get the proper results in their organization, they get help from businesses, governments, the media, NGOs and the general public to help those who cannot afford even one meal a day.

In recent 10 to 20  years, all around the globe government established food safety organizations to spread the awareness regarding the crisis of food and hunger, in India Food Safety and Standards Authority of India, established under the Food Safety and Standards Act, 2006, is the regulating body related to food safety and laying down of standards of food in India. this organization collects food from parties and wadding to provide slum people, who can not afford the food for a single time.

However, they not only provide food to poor people but also provide information regarding how to manufacture any product in factories, how Genetically modified foods works, Food additives, and many other services regarding food.

Food processing is the transformation of agricultural products into food, or of one form of food into other forms. Food processing includes many forms of processing foods, from grinding grain to make raw flour to home cooking to complex industrial methods used to make convenience foods. Primary food processing is necessary to make most foods edible, and secondary food processing turns the ingredients into familiar foods, such as bread. on many T.V. channels also telecasted many shows which are authorized by well-known food manufactories for farmers to grow healthy and good crops. from many times food processing has been criticized for promoting overnutrition and obesity, containing too much sugar and salt, too little fiber, and otherwise being unhealthful in the dietary needs of humans and farm animals. With the help of a food safety organization, the ration is going down slowly.

nowadays genetically modified food is also famous all around the world many countries scientist do research on how to grow genetically modified food and china get success in it and they made first-ever modified corn Indian-Cornand they also do research on food which provide high vitamins and other essential things for the body.

they also run classes where they teach us how to read the label, Know your produce, Know your seller/market, Clean your food, Store right, Cook properly, and Eat raw but eat right.

The United Nation Organisation also run a campaign regarding the obesity, which we can see in present world in small and adult children, more than 603 million adults and 107 million children out of a global population of around 7.5 billion are obese. spreading the right information regarding it is very important and help full for the future a single child, otherwise, a child has to face problem regarding asthma, heart disease.

So, we have to support this organization and do not disobey the instructions which are provided.

thank you to read this post.

How can Start-ups and Businesses overcome the downturn because of COVID-19?

The COVID-19 has created a pandemonium for start-ups and businesses all around the world. Most of the start-ups and businesses are facing a downturn in their financial market. We know it’s a very hard time for all, and we all are trying very hard to survive through the pandemic. Most of the employees are in fear of losing their job security. The start-up entrepreneurs are afraid of not getting any proper upcoming projects. Every start-up enterprise and business are going through terrible times now, financially. The employees are trying to survive without pay. The economy of the country is degrading day by day. 

Hence, we are here to see what can start-ups and businesses do to overcome the downturn because of COVID-19. If we have the will to make progress, we are surely going to overcome this pandemic. Even if the market is not as fast-paced as before, we still can develop the businesses financially. All we need to have is a proper strategy to make the progress happen, to survive COVID-19. Here is a list of strategies that start-ups and businesses can follow to overcome the downturn.

Strategies to overcome downturn due to COVID-1

Communicating with regular clients 

Every business company or a start-up must have a regular set of clients. Try to communicate with your customers regularly. Even if the pandemic resists you from gaining any new project, you will still have your old clients. Try to keep your old client satisfied. You will get the support you need from regular clients.

Manage your team for new strategy plans

Your old strategies won’t be of any help now. You need new ideas to make new strategies. To have new ideas, you need a working team led by a strong leader. The leader has to make the team members understand how important it is to make strategies. If you want to overcome the financial loss your company has faced, you need to strategize everything. 

Make small plans rather than bigger ones

Your only goal, for now, is to survive the pandemic with as low financial loss as possible. So, make smaller plans rather than long-term plans. You should have a plan for the upcoming month, rather than the year. Plan every day out and execute the plan meticulously.

Pay attention to investment

Now, you won’t have a lot of funding. Your company would already suffer heavy losses, due to a lack of new projects. Hence, try to keep the investment at a bare minimum. Don’t invest in huge projects at the moment. Look for smaller projects. In this way, you can save funds for your company. This is not the time to invest your money, because you have no idea what the future holds.

New ideas and methods

You need to understand what is important at the moment. You have to impress your clients, and for that, you need to bring in new ideas. You have to focus on the necessity rather than the exuberance. Every new idea has to be convenient and needed by the customers. There is no need for fancy ideas. It’s highly unlikely that a customer would be interested to invest in any fancy project. You have to modify your methods according to the need of the moment.

How to save your company from financial loss?

Financial loss is inevitable for any company in the current scenario. But you can save your company from becoming bankrupt. You have to make your employees work towards the satisfaction of the existing clients. The employees would get paid based on their work. You have to make a new rule for your employees, which would stay consistent until the company is back on track. Your employees would get paid for the amount of work they are going to produce. You need to plan out work for every employee you have. Even for a start-up company, you need to keep your employees as well as your clients happy. Your employees are the pillars of your company. In this way, you can satisfy both the clients and the employees. Apart from that, you have to make small teams of members, headed by one leader. Make them work on small projects. They would get paid based on every successful project they execute. In this way, your company won’t suffer from a lack of work. Also, your employees would get paid for executing the projects wonderfully.

The best way to overcome financial loss is to not invest huge amounts on any projects now. Take up small projects, which would be easier for the employees to finish, and also in time. Try to invest less as much as possible. Only invest in projects you think would be fruitful for your company at the moment.

How to make plans and strategies to overcome financial loss?

The focus should be on new plans and strategies, for a small amount of time. Once the pandemic ends, the situation of the company would improve for the better. Now, you need to focus on new plans. Have a team of members who would give you proper strategies regarding new projects. The projects have to go according to the strategized plan. Every project should be well planned and simple. All the employees have to keep in mind, that it is better to have simple plans to work on, rather than complicated ones.

Therefore, it is not hard for any start-up or business to overcome downturns. Your employees are your strength. You all can work together to keep your company out of financial loss and debt. You need to focus only on what is needed and how you can work together to develop for the better. Work with your employees and plan out the upcoming months properly to achieve success. Your company will progress if you execute the plans properly. The more united you are with your employees, the better it would be for the company.