Cash accounting would make accounts simpler to understand. Companies could only account for revenue when they receive the cash and expenses only once they have paid for them. At a stroke, gone from a set of accounts would be subjective items such as depreciation, amortisation, difficult-to-comprehend revenue recognition, accruals, provisions and so on. With recent [...]
B&B University College held its annual appreciation ceremony for students on Sunday March 4, 2018 at The Knutsford Court hotel in Kingston. [nggallery id=1]
In the UK KFC has run out of chicken. For a food outlet specialising in deep-fried poultry this is something of a disaster! It has recently changed suppliers and the new delivery company is having “teething problems”; these are so substantial that it has resulted in a mass closure of outlets. At the time of writing [...]
Ten years or so ago, academics were extolling the techniques of market segmentation and target marketing (not to mention the third leg of the triumvirate, ‘positioning’) as the basis of long-term competitive advantage (see Marketing course Modules 7 and 8). Recently, this doctrine has come under serious threat. Classic segmentation techniques like socio-demographics have been supplemented by the more [...]
B&B University College held its annual appreciation ceremony for students on Sunday March 4, 2018 at The Knutsford Court hotel in Kingston. For over 30 years B&B University College has been the leading provider of international programmes that give Jamaicans exposure to a whole new world of knowledge. If you want to rise to your [...]
When it comes to making steps forward in your career, it is important to establish if there is anything holding you back. One thing you may not have considered is your memory. People’s natural ability to memorise information varies, but we can all take steps to exercise the brain for improvement. One area you should [...]
Hint: it rhymes with “Aragon”, “Babylon” and even “Bourguignonne”. But there are others to point at as well… Lately, I hear some of my colleagues and start-up entrepreneurs from the high-tech industry grumbling and being outraged by their employees being ‘poached’ by huge and powerful companies (or recruiting agencies acting on their behalf). A post [...]
When a government’s total outgoings (G) are more than their tax receipts (T), the result is a budget deficit where G > T. A government needs to borrow money to finance the debt, and interest payments can become so large that they cripple the economy. There are two main schools of thought for eliminating the deficit and [...]
English: Labrador Dansk: Labrador (Photo credit: Wikipedia) Do you live in the country, have a young family, drive a Range Rover and own a big dog? If so, you might be what marketers like to call ‘Rural Vogue’. In the UK, more and more professionals with families are swapping urban living for the [...]
If you are an investor, you are probably keeping a very close eye on the Bitcoin phenomenon. The cryptocurrency recently surpassed the five-figure mark meaning one Bitcoin is now worth seven times the amount of an ounce of gold. Unsurprisingly, therefore, there is much speculation that the bubble is about to burst. But naysayers have been [...]
