blog · business · current · Furture Implications · Global · Investing · Job Costing · Marketing · Uncategorized

Corporate Outsourcing

outsourcing
Outsourcing

Outsourcing helps emerging economies by providing more jobs for their country. A large corporation may decide to outsource their manufacturing in order to save hundreds of thousands of dollars and sometimes millions. The value of the currency is what will make the largest impact on a corporation. It would cost one tenth of the normal labor wages to manufacture in a country such as India versus manufacturing in the United States. The wages the corporation will be paying the local people in India will be equivalent to what the US workers would have made but cost a lot less to do it. Many people in the United States frown on corporations that outsource. I personally do not see it as a negative; however the loss of jobs from the corporation leaving the country could cause some issues. This is where corporate outsourcing may or may not help them develop country it is leaving.

'We Want Our Jobs Back'
‘We Want Our Jobs Back’

At first glance it seems the corporation is costing the developed country or let’s says the United States, thousands of jobs. Americans will begin thinking that these thousands of people are now left without a job but then the corporation hires thousands of non-Americans. I can see how this can be bad PR in the United States. There are a lot statistics and research’s that support outsourcing for the developed country. Many say that the re-movement of the corporation will open up doors for the employees left behind. In fact the majority of jobs in the United States is created by small businesses and the outsourcing will provide a much lower price of products to sell which also combats national inflation. Patrick Dixon form Global Change stated that “research shows some of the new economic activity generated in developing countries by outsourcing will generate new demand for goods and services in the country where the jobs have moved from the developed countries. It has been estimated that every dollar that US corporations spend on outsourcing to India gets $0.33 cents and the US economy benefits by $1.14.”

What are your thoughts on Outsourcing?

OutsourcingTheNumberStory

 

 

Patrick Dixon. (2014). Global Change. Future Trends. In The Future of Outsourcing – Impact On Jobs – Keynote Speaker. Retrieved from http://www.globalchange.com/outsourcing.htm

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blog · business · current · education · Furture Implications · Global · Uncategorized

One World Government

world pulled apart

The Gold Standard was doing so well before changes were made after the second world war. This is an interesting subject about world currencies and how global GDP was on an all-time high during the gold standard system. I have done some reading on the Freemasonry, supposedly they have plans of a one world government. This would probably bring in one global currency as well. To add to this controversial conspiracy, the Bible talks about a one world currency during the end times. when I look at the history of the global currencies, it makes sense to go back to a one world currency like the Gold Standard. History shows that the Gold Standard held very high global GDP numbers and globalization and growth percentages were on an all-time high. I know talking about freemasonry and the Bible is a little off subject, but I thought it kind of made sense to talk about it since it related to one government and one currency. The fact remains, the gold standard is still the most perfect system ever created. Looking into the business world and globalization, in which I am studying for my International MBA with focus of Social Media Marketing, the fact that history shows a very strong global economy with the single world currency.

world army

If the world economy were to collapse, the entire world would feel it. The strongest currencies in the world in order by rank, the US Dollar, the Euro, the Japanese Yen, the British Pound, and the Swiss Franc would cause some serious global issues. I know many people talk about the US dollar weakening, however, the USD is still the number one currency in the world and the United States of America is still the world’s largest economy. There are many countries who trade in US dollars because their own currency has loss too much value and was hurting their country. The dollarization countries use the USD as their home currency. Other countries such as Japan use the US dollar as a reserve to their currency. For example, if their currency depreciates too much, they would use USD to control their depreciation. Of course every country uses this strategy including the United States; however the USD and EUR are the worlds consistent currency.

gold coins

In my previous post I wrote about the gold standard which was the world’s greatest monetary system ever created.

“The gold standard monetary global system was the most prolific system ever created. From 1870-1914 the gold standard showed large GDP numbers around the world. Practically every country was showing growth in numbers not comparable today. In fact the comparison is not even in the same ball park. During this time, actual gold coins were being used for sell and trade. Most of the countries in the world had the same currency “gold” and would have no problem investing in other countries. GDP high numbers were a norm back then with percentages as high as 6-9% with various countries seeing even higher. Let’s look at China’s GDP before their recent crash; they were at a steady 7% and 9%. This was looked at by the world as amazing and un-speakable growth. Well before World War I, these numbers were the norm for every country. The gold standard is recognized as the most perfect system ever created. “

world together

It would make sense in the global business world to bring the global economy on a high growth level such as it was back in 1870-1914 before World War I. Almost every country in the world were seeing growth as the likes of China in recent years. Back then it was normal to see such growth, today it is almost un-real to see such growth. In fact, many people questioned the GDP numbers China was posting for various reasons we will not go into. However, China still had tremendous growth.

WORLD-MAP-2

Back to my point, history tells a story that one world currency is a very good thing. A one world currency would need to have a one world government or what others would say “One World Order” for the global economy to grow as it did in the past. If the conspiracy theories were true of the Freemasonry, building a one world order controlled by high level people, then the world could agree to their high growth global economic system. This one world order is also foretold in the Bible in great detail. The one currency, one world government would be controlled by the top 10 world leaders. Probably selected by the top 10 countries in the world.

world one

The top 10 Kingdoms, Countries, Nations, Empires, Territories, or Provinces with an 11th also involved. The one in charge would be like a Prime Minister or President of the one world government who would administer peace through power. During this time of global economic stabilization, technology would make it really easy for people to purchase everyday items such as milk, bread, and water through a digital devise. Since the entire world would be using this technology, it would be understandable to need a secure way to determine identification and to keep personal bank information locked down. The Bible foretells this technology would be accessible through some implant, marking, or something embedded in either the right hand or the forehead.

mark of the beast

The Bible refers the world leader as a beast and “He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.” Revelation 13:16-17

worldface

This new world order or one world government would create safety under one global currency. According to USAHitman (I have no idea who he is) quoted Pope Benedict XVI stated “construction of a world community, with a corresponding authority,” proposing global peace and justice. This quote may not be true, but the Pope’s idea of a world government is to bring politicians together for judgment and practical guidelines. History shows this global government would stimulate tremendous growth and a prosperous future. However, this Biblical warning is pretty severe. If you have any belief at all in the Bible, this future will be the start of a gruesome end to the world. Read the Bible and understand what the warning is, one of which is to avoid this economic marking/implant that is embedded in the either the right hand or the forehead which is called “the mark of the beast.” As you can imagine, this scenario will create an uprising of millions of people not wanting to take the economical marking (mark of the beast).

Mark-Of-The-Beast

However you look at the one world government, the economic impact of one world currency would make a huge impact across the world. Education is self-enlightenment and a growth of awareness which can only better prepare you for the future; I implore you to self-enlighten and read the Bible, which is considered a proven history book with countless successful military tactics, business strategies and economic prosperity.

 

References

MBA Knowledge Base. (2016). International Business. In An Eclectic Arrangement, 1973-Present. Retrieved from http://www.mbaknol.com/international-business/an-eclectic-currency-arrangement-1973-present/

Nathan Lewis. (2013, January 3). Forbes. Economics & Finance. Retrieved from http://www.forbes.com/sites/nathanlewis/2013/01/03/the-1870-1914-gold-standard-the-most-perfect-one-ever-created/#1334bcea50d8

USA Hitman. (2012, December 12). NWO. In Evil Vatican calls for a new one world government. Retrieved from https://usahitman.com/evcowg/

Richard Lee. (2015, November 14). Investopedia. Articles. In Top 8 Most Tradable Currencies. Retrieved from http://www.investopedia.com/articles/forex/08/top-8-currencies-to-know.asp

Thomas. (2012). Eleven Two Fund Management. In Does The Bible Actually Mention A One World Currency and Government? Retrieved from http://www.eleventwofm.com/does-the-bible-actually-mention-a-one-world-currency-and-government/

 

blog · business · current · Furture Implications · Investing · Viral Campaign

China Has Seen Better Days

As we all know, China has seen better days. The stocks in China have fallen so hard that it is said to be the “weakest economic growth in a quarter century.” The yuan has continued to depreciate while the world is wondering if they will be dragging the entire world down with them. The economic exposure is so severe, people have worried about the end of days or the end of the world. For those reading these words who live in the United States of America, China’s collapse will not put us in a worse economic position. The United States is a $15 trillion dollar economy; that is $15 trillion coming in and $15 trillion going out. The business Unites States has with China is only $150 billion, not to say it’s not a lot of money, but $150 billion dollars is only 1% of our economic prowess.

china

The economic exposure has set Hang Seng China Enterprises Index on a trading level that puts a lot of pressure on future options mostly held by large banks like Bank of America and Merrill Lynch. It is possible the investors will begin to lose their principal if the levels of stock continue to fall. The stocks are predicted to fall even faster very soon. The large banks will respond to this economic risk and sell their futures to reduce their hedge. William Chan, the head of Asia Pacific equity derivatives research said “as the market goes lower from here, the downward move may accelerate. There will be a large amount of hedging in futures which dealers need to unwind.” The economic exposure could be seeing more economic crashing in the near future for China. We can only hope China will listen to the market and use their prideful communistic pressure against the market.

china stocks

Regina Tan. (2016, January 19). Bloomberg Business. News. In China Stock Rout Seen Getting Uglier as Derivative Trigger Looms. Retrieved from http://www.bloomberg.com/news/articles/2016-01-20/bofa-sees-tipping-point-in-hong-kong-stocks-as-futures-unwind

business · Furture Implications · Marketing

Future Implications

Old school marketing use a push messaging to reach the consumer, while new school marketing use a pull messaging to reach the consumer. Pushing messages is a way of interrupting the consumer like a commercial on television or telemarketer calling during dinner time. This interruption can turn the consumer off right at the start. Pull messaging is more like funneling individuals who are interested to come to; the consumer searches for the product and the organization pulls them in. The pull messaging turns into permission marketing where the marketers begin asking for consumer personal information like email address, age, income, and even phone numbers. This information is given to marketing from the loyal consumers or the people who follow the brand, they are not forced to provide the information. Personal information is given to be part of the inside information or be put on a mailers list.

Relationships
Relationships

Social media marketing begins with the consumer and builds relationships with them. They become loyal to the brand and more likely to purchase products. The old traditional way puts relationship last after they have bought the product. Social media builds relationships at the beginning creating the trust. It is all about connections, conversations, and community. Social media builds a community around the brand while strengthening the relationships. The future will always be relational and will be an industry that will be around for a long time. Social media may change in platforms and tools, but social networking as a relational social gathering on the digital platform is here to stay. The more you learn about social media the more you will be in tune to your industry no matter what industry you are in.

Daria Kelly Uhlig. (2015). Small Business. Chron. In Old School VS New School Marketing. Retrieved from http://smallbusiness.chron.com/old-school-vs-new-school-marketing-37056.html

Oliver Blanchard. (2009, August 24). SlideShare. In Oliver Blanchard Basics Of Social Media ROI. Retrieved from http://www.slideshare.net/thebrandbuilder/olivier-blanchard-basics-of-social-media-roi

Debra Eckerling. (2014, March 26). Social Media Examiner. In How to Measure Social Media ROI. Retrieved from http://www.socialmediaexaminer.com/measure-social-media-roi/