Welcome to my blog!! As a recent graudate from Bridgewater State University with a BA in Management I am pursuing a career in the business services field with a focus in Social Media Management, Marketing and Human Resources. I am currently employed at one of the top multi-office real estate firms in New England. This blog will be a resource for all to share opinions and information about current events in the business world.
Sunday, July 25, 2010
Where is the United States in International Trade relations?
The lack of United States involvement on world trade agreements has resulted in large firms, once invested in the United States, to move around trade tariffs and create jobs elsewhere. Another factor the United States needs to think about is long term relationships with other countries. By refusing or not committing to trade agreements this will make the United States more likely to get a reputation for being difficult. Recently, Canada, a regular trading country with the United States had a bad experience that resulted in Canadian government spreading the word about United States lack of follow through. There is as much a need to maintain imports as there are exports.
http://money.cnn.com/2010/07/15/news/economy/free_trade_matters_caterpillar.fortune/index.htm
Tuesday, July 20, 2010
India struggles to meet the demand for outsourcing
The article below applies to outsourcing, which was a topic my International Management class covered recently. Some countries are having difficulty keeping up with the rising demand for outsourcing services. This article focuses on Indian company named Infosys. Infosys is having trouble trying to create and maintain a workforce to meet the increasing demand for its outsourcing services. They lost many employees during the recession due to low pay, tough performance reviews and rare promotions.
With a surge in demand for services the firm is trying to get their old employees back. They are hoping to do so through new and improved human resource campaigns. Infosys says the firm expects to hire 30,000 previous and new employees this current fiscal year. If they do not, this may result in companies doing more business in their home base or outsourcing elsewhere.
http://blogs.wsj.com/indiarealtime/2010/07/08/search-for-lost-sheep/?KEYWORDS=Outsourcing
Sunday, July 11, 2010
The New Manufacturing Industry
The industries that China did have control over are fading out and new industries have developed due to the need for green technologies, such as wind turbines and solar panels. These new industries are all about innovation. The Chinese currently use silicon to create panels, but the Americans have gained an edge by using a thin film semi conductor containing cadmium telluride and another using copper. These options offer a cheaper production process and are more efficient that silicon.
The Chinese may be at a disadvantage because they have all the market in old technologies but are no longer seeing a profit. The Chinese are still working towards making ties with big name companies and have even created partnerships in the West. This may leave them in a good position. But what does it mean for the future of China and the U.S.? Will manufacturing forever change in this new eco-friendly environment?
http://online.wsj.com/article/SB10001424052748704009804575309721957767994.html