All Things Business

Business related content.- By a business enthusiast.

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The Chinese speculators shaking up global commodity markets are switched-on, flush with cash and probably not getting enough sleep.

Continued

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Current Venezuelan Bolivar (BsF.) To US Dollar Exchange ($)

This is what the so called “socialism” has done to Venezuela, a hyperinflation in the country.  $1USD = BsF. 4609.37 .  In a country were almost everything is imported, this accounts for the major reason there is a crisis.  The exchange rate has been growing astronomically for the past few days.  Keep in mind that the minimum wage is about BsF. 27,091. 

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Current And Future Trends In Vending Machines

Taking a look at current trends in vending machines and how vending machines are adapting and may adapt in the future. With changing circumstances come new business opportunities.

Healthy Eating vs. Vending Machines Industry

Due to the high obesity rates in the USA and campaigns to create awareness towards this.  Consumers have become more conscious about what they eat, and what they feed their children.  The government has decided to impose rules and guidelines to the machines that are in public schools.  Vendors now have to follow these nutritional guidelines and ask for a product to be approved before they can place it in the machine.  This is a great initiative for the kids health, but it definitely affects vendors.  Kids don't realize that this products are better for them, they just want their regular candy, so the vendors are the one to take the hit when sales drop dramatically after making the change from regular products to healthy ones.

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How to Import from China into the USA

Importing items from China can be an affordable way to acquire materials for use in manufacturing or products for sale. However, importing items on your own requires establishing relationships, setting up shipping, and navigating the...

The Process of Importing Goods Into The U.S.

Step-by-step guide into the process that needs to be done to import goods from China into the USA. From tips to finding a supplier, to ordering a sample product, to obtaining a visa to visit China if necessary, and information on hiring a customs broker to make the process easier.

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Business Process Outsourcing

Outsourcing has become the Philippines second largest source of foreign exchange.  With over 100million people that speak English well, it makes it an ideal country for outsourcing.  The average hourly rate is about $2.15 compared to the U.S. which can be over $30.  

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In Business As In Life-You Don't Get What You Deserve, You Get What You Negotiate

Chester L. Karrass

Bestselling Author of “The negotiating Game”

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How To Edit a Business LetterThis informative video gives great advice in how to properly format a business letter. Some of the most notable highlights of the video are:* When writing the address, spell it out completely.  (Write drive instead of Dr.)* Keep the font simple.  Avoid flashy fonts.* In the salutation capitalize each letter and end it with a colon.* In the body, the paragraphs should be single spaced with no indentation.* At the end allow enough room to sign the letter by hand.* Always draft and revise before sending a letter.I would like to point out that I don’t see the need for the dumb animation at the beginning of the video, and also think that the video could have used way better editing, but oh well, that’s just some of my thoughts.

- Genesis

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Formatting a Resume

This is a great video that gives great tips on the dos and donts of resume formatting.  Even tough the guest (Brandon Stapper) seems a little bit dull on the video; he gives great insight on how interviewers go trough resumes. Some of his tips are: * To have a formal contact information.  (No emails with nicknames) * Consistency in employment (It's not necessary to post every single job if it might make you look unstable) * Keep your resume simple and neat.  Don’t cluster it.  Maybe use a bit of color to stand out, but don't over do it. * Taylor your resume to the position that you want.  Adjust it to the needs of the employer to increase your chances in securing an interview.

Another tip that is not in the video but it's worth mentioning, always make sure to keep your social media clean, as prospective employers might look trough it and that can heavily affect your chances of securing an interview.

- Genesis

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Think before you tweet!

The sad story of Justine Sacco’s social media fiasco teaches us a valuable lesson about social media.  We have to be extra careful about what we put out on the internet.  We are our “brand,” and we wouldn’t want to hurt our “brand image” due to a silly comment.

- Genesis

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Venezuela's worsening economic crisis – the Guardian briefing

The shadow of hunger, desperation of crowds queueing for food and the spread of unrest are threatening the government of Nicolás Maduro

Very accurate article explaining the socio-economic crisis in Venezuela.

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Why I Chose Study International Business

Since I was little, I’ve always been fascinated by business.  I would watch documentaries about prominent companies, how the founders started their business and how these companies fill a need.  I remember thinking, that’s what I want to do someday. I don’t mean I necessary want to own my own business, but business is something that I want to do for a living. I love the excitement that I get from closing a deal or making a sale.

I’ve also always been interested in people, and cultures.  So that’s why I specifically chose the international business field.  I also believe that due to globalization, to study just business administration would be obsolete.  We live in a globalized world, and companies are keeping up with that, so it made more sense to educate myself towards that.

- Genesis

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Driving Disruption

How 5 entrepreneurs saw problems they thought they could fix – and built businesses to do it.

What a great article from Forbes magazine.  Really inspiring examples for aspiring entrepreneurs. 

Turn your problems into ideas!

- Genesis 

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How to Improve Your Business Writing

Cut the fat.

Hello Followers!

This article has great information on how to improve business writing.  It not only gives you tips on improving your writing but, also how to make your document stand out.  This article is very helpful not only for people in business professions, but for anyone in any professional field.

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Transcript of "The way we think about work is broken"

TED Talk Subtitles and Transcript: What makes work satisfying? Apart from a paycheck, there are intangible values that, Barry Schwartz suggests, our current way of thinking about work simply ignores. It's time to stop thinking of workers as cogs on a wheel.

Great video that explains why we as human work every day.  Based on John Adams theory about us humans being lazy and by consequence needing a reward for us to get something done.  This is how our factory system (industrial revolution) was created, and this is the only system that we have right now.  But even though I agree with most of Adams theory, I would also like to point out, that even though yes we do need to have incentives if we want something done, I also think that these incentives don’t all have to be monetary.  You can have a love incentive, a happiness incentive, a health incentive, etc.  It’s not always about money it can also be about feelings.  Barry Schwartz at the end of his speech said as you go back home to run your organizations. Just what kind of human nature do you want to help design? And my answer is leaders! Not just soulless workers, but people with vision that can create a better world.

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About me:

My name is Genesis Nobrega I’m an International Business student at Florida International University.  I previously attended Broward College where I finished my Associates Degree in Business Administration.  My immediate goal is to finish my Bachelor’s and pursue a Master’s degree.  This is my first blog, where I will post news and articles along with my thoughts and opinions on different business related topics.