Month: October 2017

Although Economics is generally viewed as a financial topic, it is much more than that. Economics deals not only with the mathematical aspects of finance but also the social and psychological factors that influence it.
Economists research, collect data and analyze everything that affects the development of an organization, corporation or nation. They can then use this information to make predictions and make forecasts. They can use their expertise to obtain information on future exchange rates, business cycles, inflation, or even employment rates. Their skills can be found useful in a number of scenarios. Their predictions can help the organization determine what steps to take and what decisions to take for the future.
China’s economic development is the cause of awe and inspiration around the world. From the formation of the Chinese people’s republic in 1949 to the present day, the country has experienced tremendous growth in economic growth and is growing rapidly. China is rapidly becoming a superpower among other nations of the world and has developed a major influence mainly through international trade. Through superior leadership guidance and intelligence, China has grown to become the second largest economy in the world. In the last few decades, China has opened its doors for foreign students who want to study in this vast country. China has a university that has a special program to accommodate international students. China has produced many prosperous people in today’s society; Many people have graduated from Chinese universities and successfully worked in various countries around the world. These universities have highly qualified staff and are well equipped to facilitate your research and education. The saying goes “If you want to be the best, learn from the best.” If you want to study economics in China, you make a very good choice.

Over the past 20 years, China has quickly risen from a state of relative isolation to an open and dynamic economy, rapidly becoming one of the world’s greatest powers. The Chinese economy has changed dramatically through the increasing interconnectivity and globalization of international trade, finance, and capital flows. UIBE’s role always exists as an academic interface between the reality of China’s economic development, and the need to educate capable graduates with the economic, political and business skills necessary to become specialists in their respective areas of interest.

UIBE located in the heart of Beijing is one of China’s premier schools for trade and international economics studies, its reputation for academic excellence and excellence is second to none in its field of interest. With over 50 years of academic experience, UIBE offers a highly competitive, highly qualified and experienced faculty, strict entry requirements and a challenging curriculum, and uncompromising examination standards. UIBE has also implemented a credit-based system with several international universities, providing the necessary flexibility for students choosing interdisciplinary subjects in an increasingly complex and specialized global marketplace.

In recent decades, UIBE has been proud of its graduate performance and their contribution to China’s growth; UIBE alumni currently play an active role in promoting business and economic cooperation between China and other countries. UIBE welcomes more prominent candidates for their undergraduate, graduate and doctoral programs offered by the School, where they can enjoy a bright future in the new century.…

With regards to business, your organization needs the best proportion of income to expenses. What’s more, fortunately, with a freelance marketplace, this all ends up plainly conceivable. You can hire freelance telecom engineers and others from the comfort of your advanced gadget. Yet, you have to utilize the correct traps and strategies to ensure you stay away from normal entanglements and don’t lose openings that come your direction. So here is the manner by which businesses are utilizing freelance marketplace to contract freelance telecom engineers today:

Freelance telecom engineers are all around the globe. You don’t have to travel to meet them in their city. Rather, you can essentially sign on to your record and contract them from Field Engineer platform. This opens up another domain of conceivable outcomes, and businesses are observing. They’re getting new ability in places through which they can convey their management to the following level…..Read More…

Employee appraisals are no longer just an optional HR and management tool. They are integral in modern business.

Every employee has a right to know how well they are achieving goals generally and in relation to sales targets or service level agreements. If they don’t know where any weaknesses lie, how can they improve and meet objectives successfully?

Employee appraisals advisor Robin Rhodes who works with Thames Valley Business Advisors and primarily focuses on helping SME’s across the Thames Valley can work with management to make appraisals optimally productive for everyone involved.

Robin has over 30 years of experience in HR and 20 years overseeing employment tribunals so his advice really makes a difference.

Below are Robin’s 5 top tips for managers conducting employee appraisals:

• Prepare with knowledge.
• Establish a rapport.
• Focus on facts only.
• Avoid peripheral issues.
• Offer actionable recommendations.

Many managers make the mistake of not preparing correctly for appraisals. They must know what the purpose of the appraisal is, the job description, special circumstances and contract information related to the employee.

As appraisals are for the employee’s benefit too, allow them time to prepare fully. Advising a team member that their appraisal takes place in two hours is not good business practice.

Confidence results from preparation, chaos ensues from a lack of it. Show that you care enough to learn all that you need to ahead of the appraisal, the employee deserves the attention.

Establishing a rapport is essential. Taking a few minutes for informal discussion eases tension. Leaping straight in to the appraisal itself has a counterproductive effect. Information won’t be readily volunteered and the employee will be reluctant to involve themselves. How do you feel when you enter a situation and no effort is made to put you at your ease?

Don’t fall in to the trap of using assumptions, hearsay, misunderstandings or accusations as a basis for an appraisal. Facts alone should be utilised. The job description states certain tasks, therefore the performance of these should be assessed and discussed.

It may be that there is a personality clash between the employee and a colleague about where to park their car, they both like the same bay. This isn’t the time to discuss the matter.

Another pitfall is to focus on peripheral issues which don’t have a direct relevance to the employee appraisal. Perhaps there is a new company rule about dress code which isn’t popular but this cannot be resolved by the manager or subject of the appraisal. Getting stuck on these kinds of areas jeopardises the success of the appraisal.

It’s not sufficient to tell an employee that they aren’t doing something well enough. The manager should make reasonable and achievable suggestions to help the employee improve.  The development can be a shared project in many instances. The employee should never feel lost about the next step. An actionable positive plan is the basis from which they may grow.

You need to assess performance for the company and employee’s benefit. Do it well.

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Have you ever thought about starting your own business? Many people think about starting their own business because of the earning potential that there is when you own your own business. In addition, you become your own boss. You don’t have no one to report to on a regular basis. You also do not have to clock in and out on a time card machine. You can work when you want and work as much as you want. According to Fundera.com, at https://www.fundera.com/blog/small-business-statistics, there are about 28.8 million small businesses in the United States. That is a significantly high number of people of people who have started up small businesses. However, starting your own business is not always the best thing for you. Starting your own business may have downfalls that may include stress, isolation and costs.

According to CNBS, more people who own their own small business claim that they stress more over running their own business than stressing over raising their own children. The stress of running your own business becomes harmful to people to you by the constant emotions that you are faced with on a regular basis. For example, when you are running your own business, you are the main person who oversees most of the responsibilities. You must constantly follow up with third party vendors, accounting, customer complaints, quality assurance, hiring and firing, product discrepancies, etc. The list of responsibilities only continues to grow.

Running your own business can also cause isolation from your family. Due to the high amount of responsibilities, your time will be completely limited. You are constantly working even though you are at home with your family. It is ironic because you may be able to always be at home, but because your home, you are always working. Whereas, if you were at the warehouse, or where ever it is your business runs, you can work for a certain number of hours, then turn it off once you get home. It is important that you hire quality third party companies that can help your business run smoothly, so that you are not always having to take on all the workload. For example, if you are producing products you may want to consider buying pre-owned packaging equipment that can help assist you and your production. There are many reputable companies out there in your area, you just must spend some time doing some research to find the best company that offers the best deals on machines that produce products.

Costs can be another downfall to running your own business. However, to make significant profits, you always want to make sure that your costs to running your business stay low. Therefore, it takes a ton of planning and funding to be successful at running your own business. Be more open to having third party companies assist you in running your own business. In addition, make sure that before you think about running your own business, think about the downfalls and how you can avoid some of them in occurring in your life.

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With the legalization of pot for recreational purposes is bound to affect the state in various ways. You should note that the proposition had an easy victory in November last year. Boasting of the coveted cannabis strains of the North, the welcoming edibles scene and the growing tech industry scene in Silicon Valley, California is poised to become the world’s leading marijuana marketplace.

Legalization of marijuana is likely to double the state’s marijuana market in two years from $2.8 billion to $6.5 billion in 2020. However, the legalization is not as simple as flipping a switch. The state is experiencing a nightmare of regulations which they must untangle by January 1st, 2018 when the state will be open to license applications for businesses to begin selling recreational marijuana.

Provisions

The move allows Californians who are over 21 years to transport, possess and buy up to 28.5 grams of pot and to use it for recreational purposes. This is an extension of the law that in 1996 legalized medical marijuana in the same state. The state is the largest of the five states that were in consideration of legalization of medical marijuana was seen as a great milestone towards the legalization of marijuana nationwide. Four other states Oregon, Washington, Alaska and Colorado, have also legalized pot.

The initiative allows adults to grow a maximum of six Cannabis Sativa plants for recreational use. Besides, the action allows the sale of marijuana by licensed shops with a 15% excise tax. Although the measure’s passage allows people to immediately start taking marijuana for recreation purposes the establishment of facilities for recreational marijuana cannot be put into use until the beginning of 2018.

The legalization of marijuana sets off a scramble by local governments to prepare the state for a system that can legally sell and buy marijuana for recreational purposes. It continues to be illegal to smoke marijuana in public spaces and in the areas where tobacco use is outlawed with the inclusion of theaters and restaurants. Violators of such rules will face fines.

Prohibitions

Smoking marijuana is also prohibited within 1000 feet of a daycare, school or youth center when children are present. In addition, just like for other drugs, motorists cannot smoke marijuana while driving. The initiative bars the marketing of marijuana products to underage which means that ads cannot use cartoon characters, music, symbols that would be appealing to those who are underage.

Federal law continues to designate marijuana as an illegal drug, and the media is not allowed to advertise an illicit drug. Businesses embarking on this new business venture will have the opportunity to use services that allow their stores to attract high traffic and handle the high volumes of work that will be at their disposal.

After the legalization of marijuana, it’s time people started looking at the issue in a new way. It will be seen as a product that is perfectly acceptable for adults to engage in a responsible way. That is the central message that legalization will send. Thanks to the long trace and track system that will follow cannabis from seed to storage, when a label says that you are looking at the state’s finest, you will not have any doubt.…