Business Plans » Business Strategy

Distribution of the Populations Income

admin — Wed, 11 Aug 2010 06:05:52 +0000

Distribution of incomes will change on each generation following the changes in the distribution of workers at various categories and changes in the number of the company owners. Since the assumption of the population does not change from one generation to another, so each worker has one child and every company owners educate their children to become the company owners like himself and all workers educate their children to become workers in the same category as himself.

With such condition, if the number of companies have not changed, the distribution of workers in various categories and the income distribution will not change, but when the capital stock grows, the new company will be build. This is due to the assumption that the optimal size of each company will remain constant at all generations and there are no changes in technology.

Furthermore, with the assumption that the distribution of ability among the population on each generation is constant, then every worker tries to find a job in the category that is appropriate with his abilities. However, the ability of workers is not fixed, so that they may be suitable for working in the other categories.

Their work is determined by their abilities and the availability of employment at the labor market. Remember that the characteristics that are needed to become a good entrepreneur are distributed among the population, so in every generation there will be an individual mobility from the worker class into the class of the owner of the company.

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Choosing A Manager who is Open and Explicit

admin — Wed, 04 Aug 2010 00:58:02 +0000

The leadership of a manager is the right guidance for the company. They are the master of a ship that will determine whether the company will reach the goal or not. Authoritative leadership must be owned by a company manager, but with an authoritative does not mean that they have to be closed to the employees.

In fact, an open attitude of a leader who wants to receive input and suggestions from its subordinates will help a manager in leading a company or department. Explicitness in leading and making a decision is needed by a manager, because in their hands the way the decision will be taken by the company will determine the development and the operational of a company.

The manager also must be able to take responsibility for their decisions in front of the directors are not solely blaming his subordinates who didn’t do his orders. We recommend that any decision must involving many parties, whether subordinates or other related party. Given the input from others, the manager can consider and take appropriate decisions and satisfy many parties.

The relationship between manager and subordinates should also be well maintained. As much as there may be two way relationships between manager and subordinates, rather than just one directional relationship where the manager kept giving orders to its subordinates without wanting to hear complaints and feelings of his subordinates.

If there is such a harmonious relationships like a family in a company, then it can create a strong and solid team for running the company.

Image: www.womenpr.com

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Initial Steps for Your Business

admin — Thu, 22 Jul 2010 10:21:14 +0000

It is not easy to launch a new business. Instead of directly doing business transactions, a beginner was usually stuck with bustles that in fact distanced himself to start the actual business activities. If only one-two-three days then it would be still lucky. What often happen is that it might happen until weeks or months without doing real business. You can call it anything. Busy making business cards, busy choosing fonts or company logo, or busy thinking about his business concept that is valuable.

Make a Work List. Stick it on the spot which is always visible to you. Marked and put color that attracts attention. List is a “compass” that guiding you to blaze your business to run and succeeded. Hurry to make a move. Imitate how the baby learns to walk. Falling and getting up again, never surrender, with his small steps. That is the way that you suppose to be when starting a business.

Although few, short, small, you should immediately make a move. Realize your work list, focus, because it will reduce the fear and strangeness that you experienced. Doubt could be lost by taking the action. Get Customers or Clients. If you do not have customers or clients, you can not be said to have a business, so, get your first customer or client to start your new business. Serve, care, and satisfy your first customer.

Image: www.brconsultingglobal.com

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