Wednesday 25 February 2009

I think I'm able to be better than now

What I want to say it's now I feel more confident then before .Because I can feel I am getting better now .Maybe I haven't show my advancement on what I am doing .But I can feel that my attitude is really positive now .And now I am not like before always think about how to play and how to have fun...etc. Anyway I was like don't think about my study.So now I need to spend twice time then before to catch others.O...YES ... I am always like that don't care about what will happen tomorrow.really Like a child I know.

But now anyway I am starting my work.Even though it's a little late.But it's better than I haven't realize,Isn't it?So that is why I feel more confidence now .But still I know that I have a long way to go and it will be more difficult than now.But I am not afraid.Because I will keep trying~ and never give up.I know I can do better.

And those all need to thank people who helped me and encouraged me also who gave chances to me .Really If you didn't do those things maybe I will give up myself first.I'm not afraid you know that I am the person who want to be pay attention on.maybe everyone is,but I think it is the best motivation for me.I 'm really serious to say that.But like you know sometimes I'm also the person who is a bit shy.....So I know it's sound very contrary...But I am that person.

Anyway what I want to say just is : Still I don't want to be the best ,but I want to be the person who is making the most progress .
And I believe I can do that.I will working harder ^~^...... 嘿嘿...

Tuesday 24 February 2009

Inflation (P.s to introduce a useful website)

Today I suddenly feel I am very confusing with the word Inflation . I know what's the meaning of the word. but you know people sometimes just feel really confusing but not because they don't know the meaning of a word. Maybe I just don't know how it is works.
Then I found a website ,I think it is very helpful, Because It has a clearly explanation.Also during your reading you can see some link about other word that you may not know .So I said it is very useful,and the website is http://www.businessdictionary.com/definition/inflation.html ---A business dictionary.

Inflation

Definition
Sustained, rapid increase in the general price level, as measured by some broad index number of prices (such as Consumer Price Index) over months or years, and mirrored in the correspondingly decreasing purchasing power of the currency. It has its worst effect on the fixed-wage earners, and is a disincentive to save. Any price increase alone (such as due to a crop failure), however, is not inflation. It is because such increases are self-limiting in their effect, unless they cause an inflationary spiral in combination with factors such as wage increases, easier credit, or greater money supply. And because, economies in general show some increases in prices as they recover from a recession. There is no one single, universally accepted cause of inflation, and the modern economic theory describes three types of inflation: (1) Cost-push inflation is due to wage increases that cause businesses to raise prices to cover higher labor costs, which leads to demand for still higher wages (the wage-price spiral), (2) Demand-pull inflation results from increasing consumer demand financed by easier availability of credit; (3) Monetary inflation caused by the expansion in money supply (due to printing of more money by a government to cover its deficits). See also deflation and hyperinflation.

So after read this I am clear now , and also I learnt some other words.

Sunday 22 February 2009

Summarize all the formula

  • Total revenue = Price × volume
  • About break even: Break Even point= Fixed cost /Unit contribution Unit contribution =Selling price - Variable cost Total contribution = unit contribution × quantity Total cost = Fixed cost + variable cost
  • About cash flow: Net cash flow = opening balance + cash inflow - cash out flow
  • Capacity Utilisation = Actual output/ pontentia output

At that moment I can just think out these because I am tried now so I will complete in the future.

A new water sport ---- waboba ball


Do you like sports, sun and water? Would you like a new, fun and challenging experience on the beach this summer? If so the Waboba Ball and the Waboba Beach game is perfect. The ball that bounces on water guarantees a lot of fun - and the Beach game adds a real physical challenge. Together they give you and your friends a new way to make beach life and beach sport enjoyable and exciting.

I think it is a good sport .And it is new . So the advantages of this new product are: It's a new way to play on beach in water.So people would like to have fun with it.And it easy to play so everyone can play it . So that's mean it can be accept by people easily.And to make it won't have too much cost because it just small ball.And it has different coulor and very cute and beautiful.


And also there are some disadvantages I think it can be dangerous because the ball is thrown by people and with a strong power also a high speed so may be will hurt somebody easily. But it is a sport so it must have some risk .

And I believe people will enjoy it.

Try this ,Can you keep 60 seconds!!

Because I don't know how to put it in my blog ,sorry about that, so there is the website " http://www.qzone.cc/zhuanti/50seconds/ " if you interesting in it please try it .

And I think it can practise your reactivity . So it 's good ,try it ~~
By the way I can keep 38.566 ,It was my best score. So after you try this please left your comment with your score.
:)

Saturday 21 February 2009

Some Business News

  1. Union stands by car plant warning
    The Unite union has defended its claim that a major, unidentified UK car plant could close within days unless it gets financial help from the government.

  2. Obama hails 'fastest' US tax cut
    President Barack Obama has said US tax bills will begin to fall from April, hailing a tax cut he called the fastest ever to take effect.

  3. UK retail sales rise in January
    UK retail sales rose in January, as shoppers took advantage of big price cuts, official data has shown.

  4. Call for new £20bn economy boost
    A prominent group of Labour members is urging the government to spend an extra £20bn to stimulate the economy through measures to boost the housing market.

  5. US inflation picks up in January
    US consumer prices climbed in January, the first rise since July, after energy prices picked up.

We should watch the BBC website everyday ,because there are many useful news on it ,they can help us to learn better on our Business Study and Economic even the most important thing --- English.And I think to know about what's going on around you is a interesting thing! So have a look~!

About the restaurant - what kind of restaurant can make more profit?

Restaurant is already become a part of our life.When people have that money and time they want to go there.So that's mean restaurants are more and more important.So I wanna know what kinds of restaurant people would like to go ? So I think there are some important points:
  • The environment ,I think it is very important for a restaurant. I think I would like a restaurant is quiet and the seats are comfortable the lights are not too bright but must be enough for customer to see.(So I suggest to use candles)So I am sure people will enjoy it . But the thing is people who want to have a party won't choose a place like that cause it is too formal.
  • The next thing is the service that's effect the customers evaluate immediately .But it is a big cost for that restaurant.Like for example you need to train your staffs and if the staffs have good quality the wages you given also will be very high.
  • And the most important thing is the food quality.No matter where it is ,no matter the service is the best, as long as the food is special and delicious .You will have a lots of customers.I think yes . So to be a restaurant you should have good food first then you need to improve others.

That's what I am thinking about a restaurant. Yesterday I went to a restaurant in London.It was very nice it's named CHEZ GERARD. Because I ordered a dish an I don't like it , and I told them so they changed it for me .I think that's so good . Be honest I haven't tried to do this before.So I think it was good .but it is expensive.But I think it worth.

Feeling bad

I was so sick.Even though the weather is very nice .Blue sky good sunshine...I am still ill.I am always cough and feel bad.So that's why my mood is not so good .Things always let me down.I am really not happy with my life now.I wanna change something.But I realizes that something I can't change it. Too many things happened to you and you can stop them .And for something that the only thing you can do is accept them.

Many people told I should be optimistic .But who is going to tell me what is the real thing can make us feel happy? It is love or friendship or what what what... I don't understand .Basically You are keeping hard to study because you want to go to a good university.You go to a good university and still study hard because you want to have a good job. You want to have a good job because you would like you could have a lots of money and you can have a good life.But it just mean you have a good life but not mean you already a happy life.But there is still a true it is if you don't have a good life you may can have a happy life.And you are trying to make you feel enrich,so you hell-bent to do something even you don't like it.So is it call numb?

I know that the world is callous.Even may none is real happy.And it can't be.Like if you are a rich man you need to consider and worried about how to make more money,but if you are a poor man you must worried about your life your family and so on.So how about the man not rich but not poor,they want to have more and more money they want to have better life... So everyone in the world needs to worry about something whatever it is... And there is really have a big different between each people we all end up by a death .Just want to say do everything you want !

So why we should do things that we don't want to do? Why we should always compare with others? There is no answer here .But There are 3 words in my mind : responsibility ,,aware satisfaction and keep fighting.

Wednesday 18 February 2009

About Employment

The day before yesterday an important thing happened in oxford.The BMW car company in oxford -MINI car company 650 people lost their job.Because of the recession many people already become unemployed so it is the biggest problem for British also for the world.So we really need to solve it.If not the Economy will worse and worse.

So today I am going to review so knowledge about "Employing people" :
Employees are the part of a business,They usually work under a employment contract in return for ssssalaries and wages.They are very important in a business.
So what do we need to consider before we hire a new extral staff?
*Quality experience required of staff
*The length of time that the staff will be need

For employment we could have two types: one is Full time employee(35+hours per week) the other is Part time employee(30hours per week). So I will compare those two types of employment.
Full time :
*available all the time to handle unexpected events.
*usually have more experience as their working time is longer.
*Higher cost
they might help to increase flexibility
Part time :
*they don't need to woek for the extral time unless more wages are given
*They don't have deeply understanding
*Lower cost
*Increase the flexibility of the business as they cover the exctra wrok

Tuesday 17 February 2009

Evaluate the 'Quiet power-Generating Wind Turbine


Sometime when we see a wind turbine is working it will be really noisy. Although if they just work in a factory it will be a big harmful for the people who working in the factory.So we need some thing to solve those problems .

Now we got a new innovation called "quietrevolution" it is design from britain and it is smller and quiter also more capable then the handling changing wind directions. So let's evaluate this product.

Advantage: I think it is good innovtion .First we need the wind turbine and it has those advantages such as quieter smaller but the power even stronger also it has a good look. So let's say why it is good :
*Three ‘S’ shaped blades are tapered to shed noise
*The vertical axis is easy to integrate with existing masts and buildings
*The helical (twisted) design captures turbulent winds and eliminates vibration
* The blades, spars and torque tube are made of robust carbon fibre, and all moving parts are sealed to minimise maintenance
*The direct drive in-line generator has auto-shutdown and peak power tracking and is incorporated into the mast

About the disadvantage I haven't found yet.Bucause I think this new Wind Turbine can save more energy and it totaly developed then the traditional one.Also this products demonstrate that efficiency can be combined with elegance, and that the natural resource of the wind can be used cost-effectively, cleanly and quietly to provide a long term source of energy for both our own and future generations.

A Good experience


Today I did the debate.It is the first time I debate in my life.And the most important thing is I did it in English!Even though the result is not so good , because our team lost.But for me it was a big success.Because To win or lose is not a important thing but the experience was really worth~

I was a challenger in our team.I know it is a important job but I had no choice because I didn't think I can keep speaking for 3 minutes also in front of a lot of people I don't have that confidence .So that's why I was a challenger.To be a Challenger you should ask some questions to the other team.If your questions are will good it will be very useful.But I think may be I just asked some stupid questions.(But maybe not, I hope they were not bad as I think).I was nervous,but anyway I made it.By the way Daisy had very good comport.And we also prepared a lot.

And then I want to talk about our opponents ,They are all very good at English.And they have found a lot of stuff.But one of the two girl has really strong accent so I didn't really understand much What did she say.But anyway they were good .

So I think at the least I was stand up and I was speak,no matter what I said is good or not and no matter we were win or not ,I still think I was win because I overcome myself that's enough for me I think.

There is something I want to say :" At the least I am keep trying."

Thursday 12 February 2009

Is it ethical to advertise alcohol?


Is it ethical to advertise alcohol?This is a Controversial problem now .Because everybody knows that alcohol is bad for our healthy and is an addictive product.So many people think that shouldn't have alcohol producer anymore and people should stop buying alcohol even forsake to drink alcohol .I think that's right.Especially it is very bad for people drink too much .So then advertise alcohol is encourage people to drink more ... That's not so good because this kind of behaviour is just like "you know there is a big hole in front of a blind man and you just make him go straight and then he will fall down in the hole."So do you think it is a very immorality behaviour.

But an advertisement is just a way to increase sale and also it is just a company that is making advertisement.I mean if the advertisement company can make a profit to do this they will definite do it.And even they don't consider is this ethical or not .So if you think it is really immorality you can just don't watch it and you don't like alcohol you can just don't buy it . You don't need to really care about it! That's just my opinion.

Monday 9 February 2009

What I have learned today

Today we have two business lessons in the afternoon.We have discuss about the Japanese car company Toyota and what strategy may help it to go through the economic downturn.I think it was a very good lesson because I got a chance to speak to others of course who are not speak Chinese.Although I was very nervous but I had no choice I had to speak.And even I wasn't very good but I was try I think that is a very good point.I will be better next time I am sure.Okay concentrate on my work.I notice everyone write something about the Toyota and the strategy .So I think I should do something different .

So today I was copy all the motivation theory from Lex ,this is my first time to completely write them down .So this is a first time and also is the last time .Because I will completely remember them that way I won't need to copy them the second times.So begin ,there are :
Mcgregor: theory X and theory Y
Taylor: payment by work--tooling,training,organisation
Mayo: how thorn effect like centre of tension and work hard-- turn the light on
Vroom: expectancy theory like to see the chance of doing success work hard--making confidence
Herzberg:motivation and demotivation --motivate by praise and achievement money is demotivation

And I need to remember some vocabulary:
-Diversifying merger is merger with a completely different business
-Value analysis is to think how to make a cheaper product
-Over capacity is when there are too many products
-Capacity utilisation is equal actual output divided by potential output
-Lobby is make pressure to change
-Downturn is a recession unprofitable things
-workforce planning means need demand for labour and supply
-Rationalisation means to reduce the unprofitable things
-Reverse strategy means to do something in a totally different way than before
-J-I-T -just in time ....low stock

Those are a part of what I had learn.

Sunday 8 February 2009

Transforming Resources into Goods and Services

Today I reviewed some stuff of "Transforming Resources into Goods and Services" so I think I need remember them so for this reason I am going to write them down my blog.

INPUT is a resources that contributes to the production.It's include : Land Labour Capital Enterprise

OUTPUT is a result of the transformation of inputs . It include : Natural resources Semi-finished goods (半成品哦)Finished goods Services

Production is a process whereby inputs are transformed into outputs.
-Primary production is the extraction of resources at the first stage of production .You can say it is agriculture .
-Secondary production is the transformation of resources to produce semifinished goods.It's a industry.
-Tertiary production is provides services.
-Quaternary production is the transformation of information.

And then adding value --- Adding value is the difference in value between the selling price and the production cost.

ways to add value :
*Advertising
*Branding
*produce features
*Location
*Personal service

The benefit of adding value:
*Able to change a higher price
*Can make differentiation from the competition
*Make the product demand turn to inelastic


ok That's all... ^-^

Wednesday 4 February 2009

Evaluate the two markets that I have been to this morning

This morning we were going with our business teacher Mr.Chris to city centre to feel how to learn business and to make us think the business just close us in our lives~ I think that's was a good "class" except it made me so tried.
OK the question was compare two markets just in town .That's why we went to the "Covered Market" and the "Gloucester Green Wednesday Market ."

So the Covered Market will be the first I want to talk about.I have been there several times already.But every time I went to there is just for food or drink.I have never brought something in that market.Cause I think the goods inside is quite expensive.The good side in this market is : It is a inside market and it is made up by many small shops .That's mean a market like that might make people shopping more convenience people can just find the shop which has things they want to buy and the consumer can have a good environment to shopping .For example If it rainy the costumer can still buy things they need inside the market.And also this market is clean and it is very huge.I can remember in the middle of the market has a big space also in this market you can find many little ways,may be is too many.But I think walk on those little road is very comfortable,But accidently you might getting lost.And by the way I think in that's market dose have two of my favourite things one is called Ben's cookies and the other is called moo moo's ...they a pretty delicious! I love them so much!And also there have a cake shop which is just named The cake shop the cakes in that shop is prefect just like a arts!And the location of this market is good.

Then the Gloucester Green Wednesday Market which is near the bus station and just open on Wednesday.I think this one compare with the first one it is dirtyer .And I think the price in this market is much lower but the quality also poorer.This one is like a real market . cause it's not like the first has somewhere can make people sit down and have a cup of coffee.At there you can find the British breakfast.And there was many people in here when I went to there.I think the location is very fine .because is near a station for example people who are waiting for a tube they can have a look in the market to use their time.And if they have a look They might to buy something.But I think this market just have on Wednesday just one day and which is not a holiday most people are working or studying... And it is outside and noisy and dirty.

That was what my feeling of them. At the last I want to say I was very pleasure because of the trip of this morning although it made me very tried.

Monday 2 February 2009

10 ways of using brick

BRICK ---- It's a very normal thing around us . We can see it nearly everywhere.But you know sometimes if I need you to think about where could it be used,and used for what ? You might can't think of the ways you could use it.

So let me just mention 10 ways of all ,you know it's just for open your thoughts!

*The most normal way to use it, is to build a house or a building or a bounding wall or something...(include to build stairs and dogs or cats house)
*It can be used for people who are fighting each other,I mean it can be used as a weapon. (This one is good ha~~)
*It can be carved and processed .And then it will become some souvenir or something else what you can sell it .( I think may be this one is a good business idea because low cost the if you are good you may have good profit on it)
*We can dig a big hole then put a brick in and we fill the hole with earth.Then after that we just wait hundreds even thousands of years and the people who live in that world may find this brick and because of that it will become an antique .
*We can use it the make a bed , desk , stool or something.There is too many things can make by bricks.
*You know the dog when they are trying to bite you the best thing to is not going to run ,but it is you go to pick a brick or stone then try to throw toward to the dog then it will be scared of you then it will turn around and then run away.(that's true)
*I still remember when I was young I was play with the brick.Just like I was use a small piece of brick to rub the bigger one and then I was get a lot of power. It was really good I was enjoy in it so much so that way until now I can still remember.So what I'm mean is It is a good toy for children.
*Also it can be used as a pen ,you can draw something on the ground.
*You can use it to keep the door open
*You can make a container by using the brick.

There still are many ways dose the brick can be used... But here I just give 10 ways ... About the others you can think by youself~~

Sunday 1 February 2009

The objective of a business

Business Objectives

Objectives give the business a clearly defined target. Plans can then be made to achieve these targets. This can motivate the employees. It also enables the business to measure the progress towards to its stated aims.

The most effective business objectives meet the following criteria:

S – Specific – objectives are aimed at what the business does, e.g. a hotel might have an objective of filling 60% of its beds a night during October, an objective specific to that business.

M - Measurable – the business can put a value to the objective, e.g. €10,000 in sales in the next half year of trading.

A - Agreed by all those concerned in trying to achieve the objective.

R - Realistic – the objective should be challenging, but it should also be able to be achieved by the resources available.

T- Time specific – they have a time limit of when the objective should be achieved, e.g. by the end of the year.



The main objectives that a business might have are:

Survival – a short term objective, probably for small business just starting out, or when a new firm enters the market or at a time of crisis.

Profit maximisation – try to make the most profit possible – most like to be the aim of the owners and shareholders.

Profit satisficing – try to make enough profit to keep the owners comfortable – probably the aim of smaller businesses whose owners do not want to work longer hours.

Sales growth – where the business tries to make as many sales as possible. This may be because the managers believe that the survival of the business depends on being large. Large businesses can also benefit from economies of scale.

A business may find that some of their objectives conflict with one and other:

Growth versus profit: for example, achieving higher sales in the short term (e.g. by cutting prices) will reduce short-term profit.

Short-term versus long-term: for example, a business may decide to accept lower cash flows in the short-term whilst it invests heavily in new products or plant and equipment.

Large investors in the Stock Exchange are often accused of looking too much at short-term objectives and company performance rather than investing in a business for the long-term