Guess the Word and Contact Us for prizes! Series 43 starts soon….. 1st letter of each Post Title (in a Series) spells a business word – spelt correctly or jumbled up. Previous answers: Series 42 spelt P-L-A-U-D-I-T-S (PLAUDITS) Series 41 spelt N-U-T-M-E-G-J-E-D (JUDGEMENT) Series 40 spelt L-E-A-D (DEAL) Series 39 spelt N-O-C-U-T-D-O-W-N (COUNTDOWN) Series 38 spelt F-A-T-F-I-R (TARIFF) Series…
Category: Series 42 – Plaudits
State banquet A state banquet is business entertainment, to strengthen ties with 150 guests invited for their cultural, diplomatic or economic links. Preparations begin a year in advance. Each dish is handmade. Every last detail is inspected & approved by the Queen herself. Some things in business are too important to delegate Guessed the Word? …
Tariff war What happens to the global economy if the tariff war escalates? The tide going out lowers all boats. Higher import costs drive up inflation, squeeze buying power & drag down consumption. Firms respond to lower demand & earnings by cutting investment & jobs, which worsens the downturn. Tariffs sound good, but are actually…
Intangibles Can’t see or touch intangibles, but they’re now more valuable than buildings, machinery, vehicles & computers. Examples: brands, intellectual property, design expertise, trademarks. Intangible asset Mickey Mouse’s copyright extended from 1984 to beyond 2023! To win in an intangible world, invest in education, information & communication technology, urban planning, science and R&D Guessed the…
Destiny Many want to shape their own destiny, and earn their daily bread, by running their own business. Governments should set a simple framework (basic rule of law, taxation, property rights) & get out of the way. The power of trade, markets, competition, choice & innovation will unleash entrepreneurs. State interventions & onerous rules suppress…
Unmanned By weaponising unmanned aerial vehicles, pilots can endanger lives without risking their own. Consider & counter the downsides of new tech early. Drones must prove they can fly safely beyond line of sight, over human populations and at night. Defences? Licences, nets, lasers, projectiles, electromagnetic pulses, jamming radio signals & suicide drones Guessed the…
Anticipate Anticipate which type of business attacks you’ll get & from where. Theft of client or bank data. Fraud in client or employee systems. Losing critical information or system access. Focus on prevention, rather than detection Guessed the Word? Series 42 (3/8) [pic: analogicus]
Loan shark Beware lenders using the words “cash advance” instead of “loan” in documents. This is designed to avoid usury laws and licensing requirements. Consumer laws protect individuals from being fleeced. But there’s no help for firms who borrow under deals which unfairly enrich the lender Guessed the Word? Series 42 (2/8) …
Password A good, memorable password is long, not complex. Like ‘Snow White & the 7 dwarfs’ (rather than 8 characters). Even better – 3 random words which are easy to recall. Average person has 19 passwords! No need to change a password (unless it’s compromised) nor mix capital letters, numbers & symbols. Password managers don’t…