Deploying all the analysis capacity to identify and value the differentials of the proposals, so that the customer is aware of the additional value of the products or services they will buy, is key to sell at higher prices.
Ariel Baños, founder of Fijaciondeprecios.com, exemplifies one of the cases in which strategies to sell at higher prices can be applied and explains the factors that influence this type of scenarios.
Having the required resources to manage the data needed to make decisions is crucial to the success of businesses in today's environment.
Today's data savvy organizations, those with a top-down approach to decision making, do a better job of extracting value from the data, explains a Coursera publication.
The report notes that according to Andrew Ng, Stanford professor and co-founder of Coursera, using "...data in the right way can be the path to solving critical business problems, which is the mission of business."
Business leaders in Costa Rica disapprove of the management of outgoing President Luis Guillermo Solís, who in four years was not able to propose convincing solutions to serious problems such as the fiscal deficit.
From a statement issued by the UCCAEP:
April 26, 2018.The business sector, represented by the Costa Rican Union of Chambers and Associations of the Private Business Sector (UCCAEP), gives a score for the four years of President Luis Guillermo Solis's management of 4.9 out of 10.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
Without falling into the bad habit of micro-management, managers should follow the premise of "less deskwork and more walking around the factory."
An article published by the School of Business at the University of Montevideo, points out the need for senior executives and business managers to leave, for short times, the strategic part of their job, in order to be more directly involved in the company's concrete productionprocesses.
The recently passed law allows for the efficient reorganization or liquidation of finances of companies that become insolvent.
From a statement issued by the National Assembly of Panama:
The creation of a bankruptcy insolvency regime which aims to save companies from closing has received its third reading in the National Assembly.
On Thursday in a third debate, the full National Assembly approved Draft Law No.297, on a regime for insolvency bankruptcy proceedings aimed at saving efficient job generating companies through means of a special mechanism.
A company can make no mistakes at all, but if its strategy and way of thinking are not able to adapt quickly to changes in the environment, it will inevitably disappear.
EDITORIAL
Nokia's CEO said: "We didnt do anything wrong, but somehow, we lost"
Nokia was the shrimp that was ahead of the pack... but it has become the best example of the old latin adage "a shrimp that falls asleep, gets carried away by the current." The failure of the technology giant was not due to technical mistakes made by company leaders, but the inability and perhaps unwillingness to change and understand that the environment they had to compete in had changed.
When companies become addicted to meetings, it indicates poor management of working hours and decreases employee productivity by at least 30%.
If companies estimated the losses caused by a dozen employees, mostly senior ones, meeting four times a week they would think twice before giving in to "Meetingitis", the cultural tendency to schedule a meeting for every issue.
Self control of a leader's ego and being flexible when it comes to enrich ideas with contributions from his or her team can be critical for a company's future.
An employer can be as bright as they are stubborn. Like any good entrepreneur, you're so in love with your idea, and so happy with your project, that this can lead to resistance from hearing about alternative ways of doing things or that your original idea could be improved.
The increasing speed and ease of direct access to the information needed for decision-making, is drastically reducing the number of middle managers who used to be hired to provide them.
In companies of the last century when a sales manager needed information about last year's sales in order to take a relevant decision, he or she had to contact their assistant manager, who was responsible for collecting information and presenting it to the director. Nowadays, the direct and easy access to all information concerning day-to-day business allows the same director to touch a screen, get the information and make the decision, reducing costs and saving time.
It is not the poor who are taking advantage of Central America's vast agricultural potential but those who are able to access technology and financing.
The is one of the sectors with the greatest demand and growth opportunities, but funding and intervention is needed in order to gain a greater advantage.
Lucydalia Baca Castellon conducted and interview for Laprensa.com.ni with Ernesto Gallo, professor at the Escuela Zamorano de Honduras, who says that agriculture is not an activity for poor people, but one of the most difficult and demanding businesses there is.
Why not entrust a binational group of private businessmen the development of a region where poverty is currently the only truth?
EDITORIAL
Recent statements by a former minister of Costa Rica explain much of the underdevelopment of Central American countries.
Under the heat of chauvinism and patriotism put forward by leaders during electoral campaigns and by officials who are simply not qualified for the positions they occupy, the border dispute between Costa Rica and Nicaragua, in Isla Calero, at the mouth of San Juan river, has not been resolved.
The Youth Entrepreneurship program in partnership with Junior Achievement is taking shape with the formation of 74 companies by young entrepreneurs.
Over twenty years, the program has trained and supported more than 38,556 young technicians. Today, it demonstrates results with the formation of 74 companies and 16 others that are in process.
The chairman of the program, which is run by the Nicaraguan Development Institute (Inde) said, "Our dream was to grow opportunities for young people through a program of personal and business growth and development."
As a result of the economic dynamism, there is a constant arrival or creation of companies offering products and services to the Panamanian market.
La Chorrera, Arraiján, San Miguelito and Panama City are the areas where announcement of start of operations are being made, the basic procedure for starting a business.
In an article in Martesfinanciero.com Virgil Sousa, national director of the Ministry of Commerce Trade and Industry (Mici), notes that "the areas where there have been the most announcements for operations registered are Chorrera, Arraiján, San Miguelito and the capital. This is due to the construction of new shopping centers in these development points. "
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
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