Thursday, April 14, 2011

Sam Walton

Sam Walton perfected the concept of the discount store in rural America during the 1940s and 1950s. Over the ensuing decades, his self-named chain of stores surged through the use supply-chain management and volume pricing to offer prices lower than its competition. Wal-Mart is America's largest employer, employing more than 1.3 million people.
More Business and Management

Wednesday, April 13, 2011

Career rule of thumb

The more job experience you have, the longer the duration to find a new job. A career rule of thumb says a new job search takes about one month for every $10,000 of salary.
More Business and Management

Tuesday, April 12, 2011

Well paid

A Fortune Magazine rule of thumb says you are well paid if you earn four times your age. For example, a person at age 30 earning $120,000 is considered well paid.
More Business and Management

Monday, April 11, 2011

John Pierpont Morgan

John Pierpont Morgan was one of the most influential business leaders in U.S. history. Morgan formed railroads, was instrumental in creating General Electric, and brokered the establishment of U.S. Steel, the world's first billion-dollar company. Morgan assisted the fledgling federal government during several instances of financial crisis. J.P. Morgan died in 1913.
More Business and Management

John Pierpont Morgan

John Pierpont Morgan was one of the most influential business leaders in U.S. history. Morgan formed railroads, was instrumental in creating General Electric, and brokered the establishment of U.S. Steel, the world's first billion-dollar company. Morgan assisted the fledgling federal government during several instances of financial crisis. J.P. Morgan died in 1913.
More Business and Management

Sunday, April 10, 2011

Mount Everest

Attempts to climb Mount Everest began in 1921 when Tibet first opened its borders to outsiders. Eleven expeditions over a period of thirty years failed to conquer the world's tallest mountain. On May 29, 1953, New Zealanders Edmund Hillary and Tenzing Norgay overcame crevasses, ferocious winds, sudden storms and oxygen deprivation to became the first to conquer Everest.
More Business and Management

Saturday, April 9, 2011

Hand-written letters

President George H. W. Bush was a prolific letter-writer, always sending hand-written thank you notes to friends, associates, and fellow political leaders. A note written promptly and sincerely is much more meaningful to a recipient. It shows you took the time craft your words on piece of stationary that can be saved by the recipient and passed around to share with others.
More Business and Management