231 Front Street, Lahaina, HI 96761 info@givingpress.com 808.123.4567

Day: July 12, 2018

Impact of Technology on Business

Together with the advancement of science and technology, technological innovations grew along with it, resulting to the emergence of new equipment and gadgets. No matter how big or small your company is, technology brings both intangible and tangible benefits to become cost efficient and to meet the growing demands and needs of customers. Technological innovations affect corporate efficiency, culture and relationship among employees, clients, suppliers and customers. The type and quality of technology used affect the security of confidential business information.

Due to the burden brought by administrative tasks, like inventory, bookkeeping and records keeping, both big and small companies rely on computers to do their administrative works. The birth of Internet and online social networking sites tremendously decreased the costs of business operations. It also makes it easier for companies to use the Six Sigma management methodologies. Some firms shifted to outsourcing instead of hiring their own personnel due to the low costs associated with it. Because of the huge impact of technological innovations to companies, it is impossible for them to live with it.

Commonly used high technology equipment:

  • Computers
  • Photocopier
  • Telephone
  • Computer printer
  • Internet
  • Paper shredder
  • Multimedia projector
  • Touch screen monitors
  • Computer mouse
  • Laptop computers

Advantages of Technology to Business:

  • Customer Relations. Technology affects the way companies communicate and establish relations with their clients. In a fast moving and business environment, it is vital for them to interact with clients regularly and quickly to gain their trust and to obtain customer loyalty. With the use of Internet and online social networks, firms interact with consumers and answer all their queries about the product. Establishing effective communication with customers not only creates rapport with them, but it also creates strong public image. It allows business enterprises to reduce and to cut carbon dioxide emissions.
  • Business Operations. With the use of technological innovations, business owners and entrepreneur understand their cash flow better, how to manage their storage costs well and enables you to save time and money.
  • Corporate Culture. Technology lets employees communicate and interact with other employees in other countries. It establishes clique and prevents social tensions from arising.
  • Security. Modern security equipment enables companies to protect their financial data, confidential business information and decisions.
  • Research Opportunities. It provides a venue to conduct studies to keep themselves ahead of competitors. It allows companies to virtually travel into unknown markets.
  • Corporate Reports. With technology, business enterprises communicate effectively with their branch offices to deliver quality financial and operational reports.
  • Industrial Productivity. Through the use of business software programs or software packages, it automated traditional manufacturing process, reduces labor costs and enhances manufacturing productivity. It enables companies to increase efficiency and production output.
  • Business mobility. Technological innovations improved companies’ sales, services, shorted lead time on receiving and delivering goods and services. Enables them to penetrate multiple markets at least costs.
  • Research capacity. It enables them to conduct studies on various companies to gain knowledge on the new trends in the market and way on avoiding them.

Mortgage Life Insurance – The Best Approach

Insurance is risk management. So, for each type, you need to identify the risk to cover and the best way to do it. Mortgage life insurance, like other insurance types, could be expensive, so you need to understand that the inherent risk is the same as for normal life insurance. Beside, there are different ways to get it.

Financial institutions sell mortgage life insurance to protect them from potential loss on the death of mortgagees. Financial institutions, instead of family members or others you choose, benefit from these policies.

Let's look more closely at how mortgage life insurance might raise. If you borrowed $ 100,000 from a bank to buy a house, the bank would write its name on the property's title, and so, become a co-owner up to the loan's value. This is the typical mortgage.

If you died before you repaid the mortgage, the bank would have two choices. It might sell the house and give your beneficiary the difference between the amount they got on sale and the outstanding loan. Alternately, it could allow your beneficiary to take over the mortgage loan and repay it. To do the second, the bank would need to be comfortable with the beneficiary's finances after your death. The bank may accept the alternative if your life insurance and other assets provided sufficient income to pay the mortgage and give your dependents an acceptable income to live on.

Another way to deal with mortgage insurance when you get a mortgage is for you to insure your life for the mortgage's full value. This would supplement existing regular life insurance coverage. However, this does not look holistically at your finances, so I do not think it is the way to go. You might not need more insurance.

Mortgage life insurance sold by a financial institution can be expensive and has disadvantages. First, the insured amount falls as the mortgage balance drops over the mortgage's life, but the premium does not fall. Second, unlike a term life policy, the bank has the right to hike promotions. Third, it is not portable. So, if you switch your mortgage, you need to reapply for life insurance with your new bank.

You would be better off to review your financial affairs and if needed, buy extra term insurance from an insurance company. You would own the policy. The financial institution would not. Your spouse or others you choose, would be the beneficiary, not the bank. And your spouse or dependent would have the choice to take over the mortgage, if that alternative was best for them.

Like all financial decisions, listen, hear, and understand your alternatives, and let the Lord guide your decision.

(C) 2011, Michel A. Bell. …

Niche Marketing the Right Way!

Niche marketing is hot these days.
Membership sites pop up everywhere inviting you to make
tons of money. All you have to do is find or buy the
highest paying AdSense ads and add them to your pages
filled with automatically generated content.

That's NOT niche marketing, that's AdSense marketing.
It's a numbers game and it's dangerous. I'll explain that
below.

How did this so called Niche Marketing develop?
Solid niche marketing advice already implemented for some time.
Very often you were advised to follow your passion or
expertise and set up a site for that.

Then, RSS feed techniques lead to software programs that
scrape content from directories. You have to do absolutely
nothing but entering a bunch of keywords and presto …
thousands of new content rich pages are automatically added
to your niche site.

And when Joel Comm presented his AdSense Secrets showing
how he went from $ 30 a day to $ 500 a day – mind you, a
good book with solid advice, no doubt about that- suddenly
we had three variables that are responsible for the hype:

1. niche marketing,

2. content generating software and

3. high paying adsense keywords.

Let's have a look at each of these variables in reverse
order.

High paying AdSense keywords.

Suddenly someone discovered that there are certain keywords
that are of great value. Advertisers paid a lot of money to
have their products displayed on pages using these specific
keywords.
It was said that a keyword like 'mesothelioma' or derivates
would pay 50 to 70 dollars a click.
I just entered this in Google Adwords, bidding $ 90 per
click and it returned with an estimated number of clicks
per day of 6.2. Now, these figures are just estimates, but
if this is true, with a 1{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} click-through it means you would
have to wait about 16 days to earn my 90 dollars!

Again, just assumptions, I only want to make a point.
AdSense is a numbers game. You'll need thousands of
visitors AND good click-through's to make decent money.

To get thousands of visitors you either have to buy traffic
(Adwords or other PPC's) or create search engine friendly
pages. Now, type in 'mesothelioma' in Google and observe
the PageRanks of the resulting pages. PR 5 or higher! Hard
job to beat them! That means … work!

To get great click-through's you'll have to test where you
place your AdSense code. Dang, even more work!

But there's something else, something more important. Read
this carefully …

Do you really believe …

that advertisers are going to pay that much money only …

to have their expensive ads displayed on …

automatically generated content pages?

Huh … do you … huh?

OF COURSE THEY WILL NOT!

There's a fine line you have to follow playing the AdSense
game. And generating content automatically, no matter where
it comes from, is like walking an elephant over a paper
bridge. It kills the system!

Now, let's have a look at … …

Advantages of a Caravan Holiday

When thinking of where to go and what to do for your holidays, a caravan holiday may not be the first thing that springs to mind and other options may initially seem more appealing. However, there are many advantages to a caravan holiday that make it an excellent choice regardless of your age, personal tastes and whether you are travelling alone or with your family.

One of the main benefits of a holiday in a caravan is the flexibility and freedom that it provides. You can come and go as you please, eat when you want, not worry about disturbing people in the next room and you can choose whether to stay in or to go out and explore the surrounding area. If you own your own touring caravan, you also have the freedom to visit wherever you like, whenever you like and at just a moment’s notice. In contrast, when staying in a hotel, it is often the case that you will be limited to eating at certain times and you may need to have arrived back at the hotel each evening by a certain time.

Often, caravan sites have excellent amenities. This is another advantage that entices people to choose a caravan holiday. Caravan parks often have a choice of leisure activities, shops and restaurants meaning that all your needs are catered for and you do not need to leave the caravan site. The ease of this holds great appeal to holidaymakers as it means that they do not need to make lots of arrangements for entertainment and activities during their holiday.

Another benefit is the price. Caravan hire is often much cheaper than renting a holiday home or staying in a hotel. It is not just the cost of hiring the caravan that is cheaper, it is the overall expense of the holiday. Travel costs are usually much less and passes are often included in the package which allows you to use all the amenities and enjoy the entertainment provided. With many other types of holiday, amenities, leisure activities and entertainment are an additional cost that needs budgeting for.

Finally, many people choose caravan hire over a hotel because although they are away from home, they still feel at home. A caravan offers the comforts that you have in your own home, unlike a hotel room which can feel impersonal and is just a place to sleep for the night. Many modern caravans offer living space as well as sleeping accommodation and this allows holiday makers to relax as they would in the privacy and comfort of their own home.

Overall, a caravan holiday can be a wonderful experience that has a lot of benefits in comparison to other types of holiday. Not only will you save money, you will experience being away from home while still enjoying the comforts of home with the additional benefits of onsite amenities, leisure activities and entertainment. It is a holiday well worth considering the next time you are thinking of …