Economic Recession will it end soon??.....

Fast forward to two years in the future. The economic situation is still sluggish, so the answer is "no".

recession is almost over..... slowly things are getting normal...

http://ballat.blogspot.com

Hemal,

           Nice story, but one cannot say his son is wrong unless we know all the facts.

Consider a situation where he has 2 stores in a central Business district(CBD) and 2 store in a residential area. Reducing inventory and staff at 2 stores in CBD might be a right decision, if there is going to be a lot of layoff at CBD due to recession, as these people will not be visiting CBD quite often. If he not going to plan this, his inventory would pile up and end up in a higher loss.

Any business cannot be on its owns, it not only depends on customer but also on many external factors.

Wulf,

        Thanks for your compliments about India, there are many factor which might be helping BRIC countries, primarily I feel the exchange rate might help these countries.

I do write about this in my blog as well. Hence please visit when you find time.

regards,

Guha

http://indian-amps.blogspot.com

whenever i hear the this R word, the first thing that comes out of me is the F word. Recession is not set in India yet, but all its effects are!

I would like to share with you a story.

There was a guy who was illitrate so he did not read newspapers, did not had a good ear to listen so he did not listened the radio. Then it was time of the Television and he hated to wear his specks and avioded watching. he started off selling hot dogs and soon became famous. the more famous he became the more stores he opened and that brought him economies of scale and he was able to sell hotdogs at half the price his competitor charged.

then some time later he got married and had a son out of that relationship. the son grew up and stared working along with his dad. he learned at the best college and did his MBA from the Havard. he was used to the modern techniques of management and used to relay heavly on market statistics.

then came the news that recession is coming. his son told his pa about it and that they should be prepared for it. this guy thought that his son was educated, so he knows more than himself. then he decided to cut expenditure (result: less employee motivation), fire labour (result: longer waits for customers), reduce stock (result: empty customer footfalls returns).

Finally, he told his son "Son, you were right. The Recession is here!"

Go find the morale, i dont think i should now write it seperately