Business News

Mission Statements

Mission StatementsOn Wednesday 27th June, Gordon Brown became the new British prime minister after ten years as a serving Chancellor of the Exchequer (BBC, 27th June 2007).After having accepted the ceremonial offer of the position from the queen, Gordon Brown and his wife went to 10 Downing Street, where a...
Business News

Regulations

RegulationsMonitoring changes to Government regulations can be particularly important when planning business operations in some industries.From 6am on July 1st 2007, new regulations were introduced in England to outlaw smoking in enclosed public places, with similar bans having already been introduced in Scotland, Wales and Northern Ireland (BBC Video Clip).Some...
Business News

Market Segmentation

Market SegmentationAre you aware of or have you used web sites such as MySpace or Facebook?These sites are examples of those within the genre of 'social networking' (Wikepedia provides a comprehensive list of others).These are places where individuals can link up with other people online.PhD research undertaken at University College...
Business News

Unions

UnionsThe last few months have seen reports of negotiations with the German telephone firm Deutsche Telekom and the trade union Verdi.In March the phone company reported a large down-turn in profits.Whilst trying to find areas to create sales growth, the firm was also looking for ways to cut costs (The...
Business News

Discrimination

DiscriminationA large discrimination case is currently underway against a major investment bank in London and New York, involving alleged discrimination against 500 women (BBC, 15th June 2007).There have been problems in reporting many of the previous cases because of gagging clauses on settlements, however the BBC has now produced a...
Business News

The Apprentice

The ApprenticeSimon Ambrose has been announced as the surprise winner of the BBC series The Apprentice (BBC video clip). The programme showed the long and arduous selection process that candidates undertook to try and win a £100,000 per year job with Sir Alan Sugar. Whilst Simon's enthusiasm, high academic ability,...
Business News

Developing new products and services

Developing new products and servicesAlliance Boots, formed by last year's merger of Boots and Alliance UniChem, has reported a successful year of trading. The company's profits rose 7.4% to £641m in the year to 31 March and much of this is attributed to cost savings achieved through the merger of...
Business News

Organisational Change

Organisational ChangeCareful business planning is important in both private companies and public sector organisations. The largest public organisation in the UK is the NHS and after years of growing costs and variances with their budgets, the organisation is now reporting that the books are balanced (BBC, 6th June 2007). To...
Business News

Corporate Social Responsibility

Please pick your favourite poster from The Times 100 new binder and tell us what you like about it.We would like to include more posters in the next edition.Your feedback will help us show more companies that the posters are useful.Corporate Social ResponsibilityCorporate social responsibility means "businesses and organisations working...
Business News

McJobs

McJobs - an outdated definitionThe term McJob was coined by the Canadian novelist Douglas Coupland in his 1991 novel Generation X.It was used to describe a"low-prestige, low-dignity, low-benefit, no-future job in the service sector" and its increased usage in everyday language lead to the term being entered as a dictionary...
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