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	<title>Kevin Sender Blog</title>
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	<link>http://kevinsender.com</link>
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	<pubDate>Mon, 12 Oct 2009 15:55:47 +0000</pubDate>
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		<title>Reasons for buying an iPod</title>
		<link>http://kevinsender.com/reasons-for-buying-an-ipod/</link>
		<comments>http://kevinsender.com/reasons-for-buying-an-ipod/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 14:21:22 +0000</pubDate>
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		<description><![CDATA[Before buying an iPod you must have a thought why should I Buy an iPod? What are the reasons to buy these little players? What make an iPod special? And other questions like these but here we are providing you with some reasons which can prove beneficial for deciding to buy an iPod.

•    IPods help [...]]]></description>
			<content:encoded><![CDATA[<p>Before buying an iPod you must have a thought why should I Buy an iPod? What are the reasons to buy these little players? What make an iPod special? And other questions like these but here we are providing you with some reasons which can prove beneficial for deciding to buy an iPod.</p>
<p><span id="more-92"></span><br />
•    IPods help you get access to bundles of software which are much use full these days. This software include: mail, weather updates, Google maps and notes. So you are able to keep yourself up to date with the help of this software.<br />
•    The iPods these days comes with the options to reorganize the home screen. So you are free to move the items around in any of the possible or desired order. Additionally two more home screens are available for use. So now you can share your iPod with any of the members at home- keeping your data personal<br />
•    Now, you have the option to display the lyrics for your favorite song. So now you can know the exact lyrics for your song.<br />
•    IPods comes with the Notepad, which means you have the place to place your To-Do list or other notes for you to remember. So, after buying an iPod you would no longer miss a dinner with your girl-friend <br />
•    The Mail Application is the best option of all. IPods today are available with this special feature giving you an immediate excess to Gmail and AOL mail. So now with this option you do not have to rush for the net café to check for your important mail.</p>
<h3>IPods as the business Partner</h3>
<p>Although the iPods are used in as many ways as one needs but the iPod can serves as the best business partner. A number of features are available with the iPods present in market which can help you manage your business efficiently. Here are top reasons which make an iPod a business partner:<br />
•    IPods currently are employed for the training purposes, a number of firms have employed MP3 training in which each worker is provided with an iPod so that they can listen and understand the job effectively and perform their task accordingly.<br />
•    A number of firms are using audio book technology for the professional training. So the workers can read these audio books and resultantly, saving valuable time and company funds.<br />
•    IPods are the best option to communicate around the office. Podcast are used to broadcast important information throughout the work place. This way of communication is much reliable an effective.<br />
•    IPods around the world are used for the storage of personal data. This mode of storage can also be used for the official purposes. IPods are available with the variety of storage capacity like 10, 20, 80 and 160 GB, offering excellent storage space for all the media rich files. Aside from media files the iPods are also capable of storing non-media files word files and power point presentations.<br />
•    IPods are used for the sales and marketing purposes. You can take your iPod with you and show your product videos and presentations to your clients.</p>
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		<title>How to prevent scratches</title>
		<link>http://kevinsender.com/how-to-prevent-scratches/</link>
		<comments>http://kevinsender.com/how-to-prevent-scratches/#comments</comments>
		<pubDate>Wed, 22 Oct 2008 10:15:51 +0000</pubDate>
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		<description><![CDATA[Scratches and dirt are the two main fears the buyers confront while they buy things of their desires. Like any other thing of use iPods do get scratched and dirt no matter how much cares one has taken while handling this pocket sized marvel. Here are few of the ways to prevent your iPod from [...]]]></description>
			<content:encoded><![CDATA[<p>Scratches and dirt are the two main fears the buyers confront while they buy things of their desires. Like any other thing of use iPods do get scratched and dirt no matter how much cares one has taken while handling this pocket sized marvel. Here are few of the ways to prevent your iPod from get scratched.</p>
<p><span id="more-91"></span></p>
<h3>Exposure of iPod Nano and Video:</h3>
<p>The areas of exposure of such iPods are its screen, back and the click wheel. All you need to do is buy a protective cover for the iPod. The several varieties of the protective coats are available with the market for iPods which include Silicon, Leather, Leather imitation and more. Make sure that the protective coat you buy for your iPod fits well.  There are many colours avaiable in the market with these protective coats.<br />
You need to take care for not buying such coat which is difficult for the iPod to get in.</p>
<h3>Exposure of iPod mini:</h3>
<p>The iPod mini is made of anodized aluminum so it is quite safe from being scratched or dirt. But some of the areas are exposed to the scratches in it as well.  These being it&#8217;s Screen and click wheel. The suggestion here to protect your iPod is purchase a screen and wheel protector or a skin wrap.<br />
Aside from the skin wrap you can also buy a protective coat as well for your Mini iPod. Although it is an optional part as it is not at all required but most of the people carry on with a case. The cases for the mini iPod come in great lot of varieties. You can pick one from these.</p>
<h3>Exposure of iPod Shuffle:</h3>
<p>The external case for iPod Shuffle is not necessary as it is made up of toughened acrylic. But in many cases it is needed to protect your iPod from scratches and shocks as in extreme sports activities. Here the suggestion is to go for the silicon case.  There are many sorts of the coats available for your Shuffle iPod but the thing to make sure is whichever brand it belongs to it must have a cut-out or a thin skinned.</p>
<h3>Care for the iPod:</h3>
<p>There are many iPod cleaners and Cleanser are present in the market. But the thing is they are of no use. So don&#8217;t bother buying these good for nothing cleansers. All you need to protect your iPod is cover it with a screen protector. Buy one immediately.<br />
All other parts of your iPod can easily be cleaned using a slightly damped cloth.  Make sure the cloths you are using don&#8217;t leave the surface with scratches. The best cloth for the iPod cleansing is spectacle cloth.<br />
Hopefully these suggestions help you a lot in taking care for your iPod. Check the online stores for placing an order for your iPod. Keep these points and the sort of your iPod before you go shopping for the iPod accessories. Do help others with these ways to protect their iPods from scratches and dirt.</p>
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		<title>How a MP3 Player works?</title>
		<link>http://kevinsender.com/how-a-mp3-player-works/</link>
		<comments>http://kevinsender.com/how-a-mp3-player-works/#comments</comments>
		<pubDate>Wed, 15 Oct 2008 11:00:55 +0000</pubDate>
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		<guid isPermaLink="false">http://kevinsender.com/?p=90</guid>
		<description><![CDATA[MP3 is the new format of music. People around the world are enjoying the music with this format. To enjoy the music on move we have a mini player which supports this format and is known as &#8220;MP3 Player&#8221;. They come in variety of shapes and colors but parts common with these players are mentioned [...]]]></description>
			<content:encoded><![CDATA[<p>MP3 is the new format of music. People around the world are enjoying the music with this format. To enjoy the music on move we have a mini player which supports this format and is known as &#8220;MP3 Player&#8221;. They come in variety of shapes and colors but parts common with these players are mentioned to make readers aware about the way MP3 Players work.</p>
<p><span id="more-90"></span></p>
<p>Parts of player include: Data Ports, Memory, Microprocessor, and Digital Signal processor, Display, Playback Controls, Audio Port, Amplifier and Power Supply. These being the external parts of the player. A number of memory types are available such as internal flash Memory, Compact Flash Memory, Smart Media Cards, and Memory Stick and Internal micro drive.</p>
<h3>Working of the player&#8217;s parts:</h3>
<p>The microprocessor is considered as the brain of the MP3 player being the controller. It monitors the playback, user&#8217;s inputs, display the info about the going ones and more. The Inputs are processed in the DSP as the data is pulled down from memory at this point. The strength of the signal is boosted by the amplifier and sent to the audio port, which serves as the outlet for sound and headphones are connected here.</p>
<h3>Internal working of the players:</h3>
<p>Music to be played in the MP3 player is converted to the MP3 format which means it is digitized in digital stream (1s and 0s). The songs are then compressed in the smallest possible size with minimal loss of quality. This being the background of the MP3 music now when the user play a song with in the player, it uses DAC (digital-to-analog converter) to convert digital stream into analog signal which player is capable of amplifying and broadcasting.<br />
The sound broadcasted by the player is dependent on the attributes and quality of the digital file. The digital file is the DAC chip in the player. If the quality of the DAC is good so will be the sound result.<br />
As the digital device plays the music that has been compressed by a codec, software Chip in the player decodes the file then the DAC function follows the reading of the data.</p>
<h3>Software in MP3 Players</h3>
<p>All of the players have their own specified software which helps the user to load files from the computer to the player. Some comes with the software which enables the user to record songs from CDs and also provide with the capability of customizing and editing the playlist with favorite music sequences.<br />
Some of the players are in market which support the data formats other than MP3.<br />
It is to be added under this note for the user&#8217;s assistance that if you are planning to buy a MP3 player you must keep this fact in mind to compare the basic features of different players available in the market. After comparing and getting the whole information regarding the players you can go for the one which suits to your requirements. The Mp3 players in market are available in a variety of shape and colors. Have great pleasure enjoying the music with a new way of non-skipping players.</p>
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		<title>Basics- you need to know about iPods</title>
		<link>http://kevinsender.com/basics-you-need-to-know-about-ipods/</link>
		<comments>http://kevinsender.com/basics-you-need-to-know-about-ipods/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 12:48:39 +0000</pubDate>
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		<description><![CDATA[IPods being the hottest thing these days have the most of desired attracted towards them. They are capable of performing many functions while their size is not much which seems to perform as many functions. It is capable of playing music, managing personal and business commitments and contacts, storing photos and videos clips.

The iPods are [...]]]></description>
			<content:encoded><![CDATA[<p>IPods being the hottest thing these days have the most of desired attracted towards them. They are capable of performing many functions while their size is not much which seems to perform as many functions. It is capable of playing music, managing personal and business commitments and contacts, storing photos and videos clips.</p>
<p><span id="more-89"></span><br />
The iPods are accessorized with features listed below for you to have the awareness of the iPod basics.<br />
•    Remote – Universal Docks Support this feature. The users are capable for connecting it to stereo or the TV set, plug it in  and can control the functions from there.<br />
•    USB Power Adapter -  lets the user charge the iPod while surfing the internet.<br />
•    AV Connection Kit – plays the favorite tunes, movies or photos on the TV set while the connection is made.<br />
•    USB Cable – allows the user to connect the iPod with the computer and transfer the data to and from the iPod. Allowing the user to enjoy the variety of data at the iPod.<br />
•    Camera Connector – is another feature which allows the user to connect the iPod directly with the camera and transfer the pictures captured afresh.<br />
•    In-ear Head set- let the user listen music in a better way with best quality of sound.<br />
•    Storage Space – iPods comes with a variety of storage space. Some are in market with the space of 512 MBs while others have 1 GB space.</p>
<h3>Points to be considered before buying an iPod</h3>
<p>Here are some of the points to be considered while you go shopping for a high quality iPod.<br />
1.    iPod Nano:<br />
It is the common model for now. Providing with the choice for music, photos and data. Have a variety of colors available in the market. Is a slim which fits better in pocket.<br />
2.    Battery Life:<br />
The battery timing is what you must pay attention to. The battery of 4G model lasts up to 8 hours and another latest model 5G have the battery timing for 14 hours. So taking the battery timing in consideration our can keep your iPod alive for more time enjoying your time with grooving music.<br />
3.    Color:<br />
IPods in market have variety of colors. You can check out for your favorite color.<br />
4.    Video:<br />
IPods, these days come with the option for the videos as well. So now you are able to enjoy movies, music and photos.<br />
5.    iPod Shuffle<br />
This being the vaguely inexpensive model among the iPods. So if you don&#8217;t have much in your pocket and want to have pleasure from iPod fun then this can be the best choice. This one comes with the music choice only meaning no screen and no display of photos and pictures.</p>
<p>So after getting the knowledge about the basics which make up a quality iPod you are in position to buy a handsome iPod for yourself. You will be able to enjoy music while on move and the photos-feature help you share your heart felt moments with your friends.</p>
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		<title>Ten Simple Ways of Caring for Your iPod</title>
		<link>http://kevinsender.com/ten-simple-ways-of-caring-for-your-ipod/</link>
		<comments>http://kevinsender.com/ten-simple-ways-of-caring-for-your-ipod/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 14:57:40 +0000</pubDate>
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		<guid isPermaLink="false">http://kevinsender.com/?p=88</guid>
		<description><![CDATA[You have bought an iPod and now are worrying about taking care for it? You have questions regarding its cleansing? You cannot decide to what cleansing liquid you should buy for your iPod&#8217;s cleaning? Do you have lots of questions relating this issue? If yes, then we are here to answer these questions. Listed below [...]]]></description>
			<content:encoded><![CDATA[<p>You have bought an iPod and now are worrying about taking care for it? You have questions regarding its cleansing? You cannot decide to what cleansing liquid you should buy for your iPod&#8217;s cleaning? Do you have lots of questions relating this issue? If yes, then we are here to answer these questions. Listed below are 10 simple ways to clean and take care for your iPod.</p>
<p><span id="more-88"></span></p>
<p>Here you will find the list of the best <a href="http://dvdipodvideo.com/">dvd to ipod converter</a> software.</p>
<ol>
<li>First of all, to clean your iPod make sure you have unplugged it, if had been connected to anything. Now clean the protective coat and uncover your iPod. To wipe away dirt and marks always use lint-free cloth and make sure you have lock the controls with &#8220;Hold&#8221; button. Use lightly damp cloth. Avoid moisture around the ports.</li>
<li>To keep your iPod working efficiently, use it in normal temperature conditions. This device is made to work properly in normal temperature conditions ranging from 32-95 degrees Fahrenheit. Using or storing our device in temperature above or below the limits can permanently damage your iPod.</li>
<li>Never press the controls of your iPod too hard. Use gentle pressure to manipulate the controls or make cable connections. While you unplug any cable from the iPod ports do not move it to and fro as they are delicate and prone to breakage if pressure is exerted. So if you find it difficult for the cable to be inserted check the way you are inserting it rather than applying pressure.</li>
<li>To get the best life from the internal battery charge it fully. Don&#8217;t let it over charge or don&#8217;t use it while poorly charged. Charge the battery after every 14-18 days in case you are not using your iPod.</li>
<li>Pay attention to &#8220;Do Not Disconnect&#8221; message. Sometimes we don&#8217;t pay heed to this message and disconnect our device which actually damages the files and also the device.</li>
<li>Secure your device in the protective coat or covering made of silicon or leather. Especially while you are out at any extreme physical activity or riding a bike. Make sure the the lanyard or any other wires from device get tangled to you or your device.</li>
<li>IPod goes on sleep mode to save battery life. Press the play button until your device goes to sleep.</li>
<li>IPod is a delicate device so be careful you do not drop it, dropping your iPod can result in scratches or the breakage of screen. Keep your iPod covered with a protective coat which will protect it somewhat from the dropping shocks.</li>
<li>If your iPod displays a low battery icon or turn on the red light indicating the low battery connect it to the iPod compatible adapter and plug the adapter to the electrical outlet. There is another way to charge your computer by connecting it to the computer, for such kind of charging connect the computer and iPod through the USB adapter and make sure your computer is turned on and it is not on sleep mode.</li>
<li>Take care for not leaving your iPod exposed to the direct sunlight.</li>
</ol>
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		<title>Introduction of a New Product</title>
		<link>http://kevinsender.com/introduction-of-a-new-product/</link>
		<comments>http://kevinsender.com/introduction-of-a-new-product/#comments</comments>
		<pubDate>Sun, 06 Apr 2008 12:35:44 +0000</pubDate>
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		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://kevinsender.com/?p=80</guid>
		<description><![CDATA[When a ﬁrm introduces a new product or service into a market where there is little scope for further growth, that product or service will either eat into the share of the market’s existing products or swiftly disappear from sight. If some of the existing products are manufactured by the ﬁrm that is introducing the [...]]]></description>
			<content:encoded><![CDATA[<p>When a ﬁrm introduces a new product or service into a market where there is little scope for further growth, that product or service will either eat into the share of the market’s existing products or swiftly disappear from sight. If some of the existing products are manufactured by the ﬁrm that is introducing the new product, then the newcomers will cannibalise the old timers; that is, they will eat into the market share of their own kind.</p>
<p><span id="more-80"></span></p>
<p>For example, it has been estimated that two-thirds of the sales of Gillette’s Sensor razor came from consumers who would otherwise have been customers for the company’s other razors.  Likewise for the company’s later blades – they provide cut-throat competition for each other.  There are sound reasons for ﬁrms to want to do such a seemingly stupid thing.</p>
<p>In the ﬁrst place, they may need to keep ahead of the competition. In the chocolate bar market in the UK, for instance, the decline in Kit Kat’s share was arrested by the launch of a new, more chunky bar, which undoubtedly cannibalised the market for the original. Its appeal was to all those people who buy chocolate bars, including those who bought the old Kit Kat. Firms may also choose to cannibalise their own products by producing marginally improved products. The idea is to persuade existing customers to purchase an upgraded version.</p>
<p>This is true of the pc market, for example, where Intel’s newest, most powerful processor cannibalises the last generation of Intel processors, but in the interests of arresting decline in the total market. Economists sometimes distinguish between planned and unplanned cannibalisation. Planned cannibalisation is an anticipated loss in sales of an existing product as a result of the introduction of a new product in the same line. In the unplanned version, the loss of sales from an established product to a more recently introduced one is unexpected.</p>
<p>Historically, ﬁrms have found it hard to cannibalise their own products. They try to hang on to declining market shares for too long before deciding to introduce new products that compete with their own. Kodak, for example, refused for years to introduce the 35mm camera for fear of cannibalising its older products. The Internet presents many ﬁrms with difficult decisions about cannibalisation.</p>
<p>Travel agents, for instance, have to decide whether to offer online services at a fraction of the cost of their traditional branch-based services in order to compete with airlines and other ﬁrms that have begun to sell to customers via direct online links. Publishers have to decide how much material (and at what price) to make available electronically. For all of them there is a real danger that their online material will cannibalise sales of their traditional printed material.</p>
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		<title>How to Choose Your Keyword Phrase</title>
		<link>http://kevinsender.com/how-to-choose-your-keyword-phrase/</link>
		<comments>http://kevinsender.com/how-to-choose-your-keyword-phrase/#comments</comments>
		<pubDate>Sat, 15 Mar 2008 06:38:12 +0000</pubDate>
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		<description><![CDATA[You need to think about what sort of phrases people will search on in the search engines to find your site. Luckily there are tools available to help with this, so you don’t have to be a mind reader. The best tool I know of is called Wordtracker and is a huge database full of [...]]]></description>
			<content:encoded><![CDATA[<p>You need to think about what sort of phrases people will search on in the search engines to find your site. Luckily there are tools available to help with this, so you don’t have to be a mind reader. The best tool I know of is called Wordtracker and is a huge database full of keyword phrases with information about how many times they are searched on per day and how many other sites are competing for those keywords. </p>
<p><span id="more-68"></span></p>
<p> To save you the time of learning how to use Wordtracker (and the cost of a subscription) I have spent a few hours researching home business related keywords on your behalf. In the zip file you will find a Microsoft Excel spreadsheet containing over 1000 keywords.<br />
Keyword – This is the keyword phrase that someone would actually type into the search engine. </p>
<p><!--more--></p>
<p>KEI – This is the Keyword Effectiveness Index. This acts as a rough guide and in general the higher the KEI, the more effective this keyword is for your website. The KEI increases when the number of searches per day increases, but it also decreases when the number of competing websites increases. Just use the KEI as a guide to help you choose your keywords.</p>
<p>24hrs – This is a count of the total predicted number of searches for that keyword in a period of 24hrs. The reports that you have downloaded are specific to Google, which has almost 50% of the share of the search engine market, so if the report shows that there are 50 searches per day for a particular keyword phrase there will be roughly 100 searches per day across all the search engines.</p>
<p>Note - if there are, for example, 50 searches per day on a keyword, this does not mean that your site will be clicked on 50 times per day if it is on the first page of results. People generally search multiple times on a search engine for the same phrase until they are satisfied with the result and they may or may not click on your website. </p>
<p>Competing – This is the number of web pages in the search engine (Google in this case) that contain this exact keyword phrase. In other words this is how many other websites you’ll be directly competing against if you choose to optimize for this phrase. This gives you a rough idea of your competition.</p>
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		<title>What Barriers Prevent Firms From Entering the Markets?</title>
		<link>http://kevinsender.com/what-barriers-prevent-firms-from-entering-the-markets/</link>
		<comments>http://kevinsender.com/what-barriers-prevent-firms-from-entering-the-markets/#comments</comments>
		<pubDate>Sun, 24 Feb 2008 10:57:00 +0000</pubDate>
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		<guid isPermaLink="false">http://kevinsender.com/?p=73</guid>
		<description><![CDATA[The idea that there are barriers preventing ﬁrms from entering markets and barriers preventing them from leaving those markets views markets as similar to ﬁelds surrounded by gates of differing sizes and complexity. The gates have to be surmounted by ﬁrms wishing to enter or leave these markets.  To some extent the gates can be [...]]]></description>
			<content:encoded><![CDATA[<p>The idea that there are barriers preventing ﬁrms from entering markets and barriers preventing them from leaving those markets views markets as similar to ﬁelds surrounded by gates of differing sizes and complexity. The gates have to be surmounted by ﬁrms wishing to enter or leave these markets.  To some extent the gates can be both raised and lowered, not just by those inside the ﬁelds but also by those outside wishing to enter.</p>
<p><span id="more-73"></span>Typical barriers to entry include patents, licensing agreements and exclusive access to natural resources. A patented pharmaceutical, for instance, gives the patent holder exclusive rights for a certain period (usually a maximum of seven years) to manufacture and sell that pharmaceutical within a speciﬁed market. The economies of scale (see page 80) that can be gained from being large and established in a particular ﬁeld can also act as a barrier to entry. If new entrants calculate that they need to sell large volumes before they can hope to be competitive with existing ﬁrms, this acts as a deterrent to their ambition.<br />
When, for instance, did a new entrant last try to begin manufacturing for the mass car market? Barriers to entry can also be erected by governments. Regulations covering the ﬁnancial services industry are designed to act as a barrier to rogues and villains, but inevitably they also deter many honest busi- nesses too. Not so long ago, foreign banks could not operate in the UK unless they had an office within walking distance of the Bank of Eng- land, then the industry’s regulator. Needless to say, property prices in the City of London’s “Square Mile” were among the highest in the world and acted as a powerful barrier to entry. Firms that are well established in a particular ﬁeld or market may be tempted to raise the barriers when they see a newcomer approaching their patch. They can do this, for instance, by lowering their prices, thus making the newcomers’ products less competitive.<br />
Moreover, lowering prices may be an easy option for the incumbents since their prices may well have been higher than the free-market level because of the barriers. Monopolies exist where there are insurmountable barriers to entry. If there were no (or only low) barriers, other ﬁrms would enter monopoly markets to participate in the monopoly proﬁts. Barriers to exit make it more difficult for a company to get out of a particular business than it would otherwise have been. They include things like the cost of laying off staff and of contractual obligations, such as the payment of rent.<br />
For a classic high-street bank with a large number of staff and a wide network of branches, the barriers to exit from traditional banking businesses are considerable. Paradoxically, ﬁrms sometimes decide for themselves to erect barri- ers that hinder their own exit from a market. This can be a strategic ploy designed to convey to their competitors the message that they are com- mitted to that market, and that they are not going to leave it in a hurry. Barriers to mobility are those gates that hinder a ﬁrm from one indus- try from moving into another (or, as Michael Porter put it in Competitive Strategy, ﬁrst published in  1980, “factors that deter the movement of ﬁrms from one strategic position to another”). For example, supermar- kets in the UK that wish to go into the banking business are prevented from doing so on their own. They have to form an alliance with an existing registered bank because UK regulators cannot yet countenance the selling of loans and of soap powder by the same organisation. Simi- larly, supermarkets face barriers to becoming online Internet service providers. One of the highest is the fact that they already own massive chunks of land and buildings </p>
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		<title>Corporate Leadership</title>
		<link>http://kevinsender.com/corporate-leadership/</link>
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		<pubDate>Thu, 24 Jan 2008 13:12:20 +0000</pubDate>
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		<description><![CDATA[The debate over how companies are best governed is at least as old as companies themselves. That there is no one best way is suggested strongly by the fact that the world’s greatest companies have grown up under a number of very different governance regimes: Toyota and Sony in Japan, Coca-Cola and Johnson &#38; Johnson [...]]]></description>
			<content:encoded><![CDATA[<p>The debate over how companies are best governed is at least as old as companies themselves. That there is no one best way is suggested strongly by the fact that the world’s greatest companies have grown up under a number of very different governance regimes: Toyota and Sony in Japan, Coca-Cola and Johnson &amp; Johnson in the United States, Marks and Spencer in the UK, to name but a few.</p>
<p><span id="more-85"></span></p>
<p>Here you will find  the comparison of the best <a href="http://helpdesk2000.org/">help desk software</a> solutions.</p>
<p>The differences between the regimes fall into four main categories.</p>
<ol>
<li><strong>Accounting.</strong> Drawing up a company’s accounts and getting an outside auditor to verify themis essential. It enables investors to find outwhat managers are doing with their money. However, accounts prepared under different countries’ rules can produce very different results. Using British or American rules (which might be expected to be reasonably similar) can make a difference of as much as 50% to a company’s net proﬁt. Even within a single country’s set of rules there is plenty of room for interpretation (and exaggeration), so that any one accountant is unlikely to come up with exactly the same figure for a company’s proﬁt as any other. So essential is auditing to the health of the capitalist system that there are (relatively) free-market economists who believe that this imprecision (and scope for private enterprise) argues for handing over the auditing function to government or, at least, to a government-supervised agency.</li>
<li><strong>Company boards.</strong> The biggest distinction here is between Germany and the rest of the world. The German system has two boards – a supervisory board and a management board – their different roles explained largely by their names. Other countries have only one. But that one can vary greatly in its composition and powers. American boards are often stuffed with cronies of the ceo. French boards generally include someone who is or was a senior politician, or who is close to a senior political ﬁgure. German management boards, by law, must include workers’ representatives.</li>
<li><strong>Company bosses.</strong> “A fish”, as the old proverb says, “rots from the head.” Good governance depends crucially on the attitude of a company’s boss. “Manifestations of lax corporate governance, in my judgment, are largely a symptom of a failed  ceo,” said Alan Greenspan, chairman of America’s Federal Reserve Board. “Once you as ceo go over the line, then people think it’s okay to go over the line themselves,” said Lawrence Weinbach, the boss of Unisys, a big American computer-software ﬁrm.  Different countries have very different attitudes to ceos and to controlling them. In the United States, they are given a free rein to run things much as they like. In some cases (such as ge’s Jack Welch) this has enabled them to develop a “star” media proﬁle. In the UK public companies often separate the role of chairman and chief executive, giving (in theory) a heavy counterweight to the  ceo’s otherwise unbridled ambition. In Germany, ceos are watched carefully by the supervisory board. In France, they tend to be watched by the government. Warren Buffett, the so-called “Sage of Omaha” and one of America’s canniest investors, says that “ceos don’t need ‘independent’ directors, oversight committees or auditors absolutely free of conﬂicts of interest. They simply need to do what’s right.”</li>
<li><strong>The rewards.</strong> In Europe and Japan, managers’ rewards consist largely of salary and bonuses. Until recently, this was the case in America too. But then the idea arose that if managers were rewarded a bit like shareholders they would behave in ways that were more advantageous to those shareholders. After all, what incentive does a “salaryman” (as they call them in Japan) have to maximise the value of an investor’s stake in his employer? Giving senior managers shares and share options in their companieswas themainway that thiswas achieved. But it gave rise to some gross excesses. The average American ceo took home 40 times the earnings of the average worker in 1980; by 2000 that figure had risen astronomically to 530 times, largely because of the huge sums that a small number of senior executives gained from their share options. In his evidence to the US Senate Banking Committee in July 2002, Mr Greenspan said that in the latter part of the 1990s, “an infectious greed seemed to grip much of our business community … it is not that humans have become any more greedy than in generations past. It is just that the avenues to express greed had grown so enormously.” Share options, the widest of those avenues, took off in a spectacular way. The reason was obvious: in the United States they were (at least on paper) costless. Companies did not have to account for them in their books. In 1994, the US Senate persuaded the Financial Accounting Standards Board (fasb) to declare that options did not have to be expensed. The politicians were persuaded by the high-tech industry, where the practice was commonplace. It was thought to be the only way that entrepreneurs behind the high-tech start-ups of Silicon Valley could hope to lure senior managers from blue-chip ﬁrms to sign up to their dream. Many people, including Mr Buffett and Arthur Levitt, chairman of the Securities and Exchange Commission at the time, subsequently came to believe that the fasb’s ruling on this was a big mistake.  Despite the total corruption of corporate governance at companies like WorldCom, Enron and Tyco, there is some evidence that corporate governance in the United States is improving.</li>
</ol>
<p>The 2001 annual survey of American company directors produced by Korn/Ferry, an international executive search ﬁrm, reports that “outside directors are taking a greater role in the determination of committee membership and leadership”. Five years earlier, 57% of respondents said that their  ceo/ chairman selected the chairmen and members of board committees (including the crucial audit and compensation committees).</p>
<p>By 2001 that percentage had fallen to 37%. This means that there are fewer opportunities for powerful  ceos to stuff committees with people who are dependent on them for their livelihood and unlikely to deny them the millions that they seek.</p>
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		<title>Competition and Convergence</title>
		<link>http://kevinsender.com/competition-and-convergence/</link>
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		<pubDate>Sun, 16 Dec 2007 13:08:34 +0000</pubDate>
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		<description><![CDATA[Convergence refers to the way in which the requirements to enter different industries become so similar that ﬁrms can just as easily take part in one as in another. One of the areas where convergence was evident in the  1990s was banking and insurance. So common was the phenomenon of banks getting into the insurance [...]]]></description>
			<content:encoded><![CDATA[<p>Convergence refers to the way in which the requirements to enter different industries become so similar that ﬁrms can just as easily take part in one as in another. One of the areas where convergence was evident in the  1990s was banking and insurance. So common was the phenomenon of banks getting into the insurance business that the practice was given a name: “bankassurance”. In utilities, too, convergence became more and more common. In general, it had the effect of greatly increasing competition. There were two main reasons for this outbreak of convergence.</p>
<p><span id="more-84"></span></p>
<ul>
<li>Companies found that their own markets were too crowded. it and deregulation enabled impudent new entrants to do things that would have been unthinkable a decade before. Firms felt they needed to move into new ﬁelds to ﬁnd some breathing space.  This was particularly obvious in banking. In a number of European countries the degree of concentration in the industry was such that ﬁrms had few domestic takeover options that would not have incurred the wrath of the antitrust authorities. In effect, they were forced to vegetate or to go elsewhere.</li>
<li>As ﬁrms became more customer-focused, they realised that customers who trusted them to supply one type of product or service were inclined to trust them to supply many more. In utilities, for example, big customers in the United States increasingly turned to companies like Enron that could supply them with all their energy needs. Given the choice, many of them preferred the convenience of a single supplier. Given the ultimate fate of Enron (bankruptcy), it was a choice that many of them came to regret.</li>
</ul>
<p>Convergence produced ﬁrms that looked much like the conglomerates formed by the periodic enthusiasm for diversiﬁcation. But the motivation for the creation of these conglomerates was very different from that which formed conglomerates in the 1960s. Diversiﬁcation then was driven by a desire to spread ﬁnancial risk, largely for the beneﬁt of shareholders. Protect you business data with the <a href="http://datarecoverylaboratory.com/">best data recovery</a> software.</p>
<p>The conglomerates formed through convergence were driven by a desire to please consumers in a world where the balance of power between buyer and supplier was rapidly changing. Customers wanted convenience above all things, and one way of getting it was by buying a wide range of goods and services from a single trusted supplier.</p>
<p>As the utility industries (electricity, gas, telephone, water) were deregulated in the 1980s and 1990s, ﬁrms found that they required a hard core of competencies to run any one of them. These included sophisticated metering and billing services, a tightly controlled ﬂeet of maintenance vans, and call centres that could deal with a high volume of orders and customer queries. This made ﬁrms that sold gas to retail customers feel competent to offer them electricity (bought wholesale from a deregulated manufacturer). Power generators went into electricity distribution, and water companies seemed to ﬂow everywhere.</p>
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