The Importance Of Research- Why We Do Research

We must first understand what research is.  It is another word for gathering of information.  The more information we have the closer we get of making our own decision.  Research is the result of advancing knowledge created in the past.  There are people from all walks of life that contribute to gathered information.  These are ordinary people and extraordinary people.  They include, teachers, students, scientists, professors, scholars, business owners, librarians, book keepers, writers, politicians and many more unknown out there.  These are everyday citizens we interact with.  They all help with the flow information that people use for self help.

Research is designed to solve a particular existing problems so there is a much larger audience eager to support research that is likely to be profitable or solve problems of immediate concern.  We also must understand how research impact our decision making.  Most people make decisions without gathered informations to back them up.  Only few do.  The problem is most people aren’t patient enough to put in the effort.  Research requires time, effort, and sometimes money to have the evidence you need to make a sound decision that’s why many avoid it.  The research you do and evidence you gathered will have impact on your future.  Be adviced, considered the risks or consequences of making an important decision with inadequate evidence.

In conclusion research is very vital to our everyday decision making.  It arms you from wrong informations and save time and money.  It is important to your success as you take on life’s challenges and career decisions making.  But be careful though, becasue too much research without action on what you’ re learning is not good either.  The question is how much information is enough?  How much information can you afford?  Information obesity can be research problem just my advice.  Research plus action will most likely guarantee a successful research.  Now go out there and make good decisions.  I wish you success.  To learn more about taking charge of your future go to my resource box at Email: [email protected] cell: 612-363-7576


Robert Herjavec reveals the biggest mistakes small businesses make

“Shark Tank” star Robert Herjavec told us what he thinks are the biggest mistakes small business owners make.


Follow BI Video on Twitter:
Follow BI on Facebook:
Read more:


Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.


Personal Finance: The source of capital in business

Businesses require sufficient capital to grow and there’s always pressure on entrepreneurs to get quick capital to inject into there businesses. However access to affordable capital is still the biggest constraint to these aspirations.

The source of capital is also key but whether banks or money lenders are the solution depends on who is giving a better deal. That will be our focus on personal finance this evening.

Subscribe to Our Channel
For more news visit
Follow us on Twitter
Like our Facebook page

Business Case for Technology Investment

Part of this process will include prototyping environments and processes.  Testing design, including procedures and standards will be discussed.  The final topics examined in building the business case will be sources of accessibility and integration.  If the technology investment is truly the right move for the business, then this document will help to guide any professional on how to build a business case for that investment.

Prototyping Environment and Process

            Before integration can take place, it is imperative that the business develop prototype to test and advance.  A commonly used alternative to the SDLC is prototyping, which uses a trial-and-error approach for discovering how a system should operate (Schneider & Valacich, 2012, p. 378).  Just like any other successful business case this step is a crucial necessity for the beginning building block to a desired solution.  Most new born prototypes are tested and then deemed unusable or changeable while successful prototypes can be tested and built on to create the final element to be implemented.  Even if several ideas get thrown out, this step is one of the most important and should never be overlooked.

Understanding Requirements

            Successful prototypes do not generate with ease.  An information system should take careful consideration in the planning of building a desired prototype.  It is imperative that the project initiator understand the design and prototype development process in order to establish timelines, milestones, and budgets (Wilson & Vozikis, 2008).  For instance, if the business saves their money on the prototype and utilizes most of the budget on the integration piece of the project, they could very well be wasting their time.  If the final element proves to be useless upon integration the business would have to start the prototype phase all over again which would set the project life past the timeline and budget.  The stakeholders must understand the requirements of the project in order to build a useful prototype.  A better design of a prototype will make the task of reaching milestones seem like a breeze.

A study concluded that product success was primarily related to the following five factors: 1) understanding user needs, 2) attention to marketing and publicity, 3) efficiency of development, 4) effective use of outside technology and external scientific communication, and 5) seniority and authority of managers responsible for product development (Wilson & Vozikis, 2008).  Following these five factors will guarantee the triumph of a business project such as the development as a CRM.  Businesses have time and time again proved this process to be beneficial.  Subways in the UK have issued a SUBCARD prototype to many of their customers.  This SUBCARD provided several discounts, loyalty programs, and insight to new and upcoming products.  As a result, databases have shown that loyal customer sales have increased substantially.  As a result of that, Subways in UK have released the SUBCARD to the entire country as a new CRM and received the award for Best CRM in 2011.  Without the initial plan of a prototype, a business must be extremely lucky to develop an effective implementation.

Testing Design

Testing is essential to the success of any project. There are several different types of testing that should be conducted throughout the development process to ensure the project is accomplishing the goal and functioning dictated by the project plan. In addition to keeping the project on track, testing works to identify costly mistakes earlier in the process where the cost of mitigation is reduced compared to the increased cost of fixing issues later in the process. By utilizing multiple testing strategies throughout the development process such as developmental, alpha, beta and user testing, the business can rest assured that they are accomplishing the project goals while keeping costs down and keeping user needs in mind.

Developmental Testing

The first type of testing that should be done is developmental testing. This type of testing is conducted as different modules of the project are completed and signed off on. Developmental testing at this phase will work to determine if the module functions correctly and meets project plan requirements. As more modules are developed, developmental testing can also be used to ensure that each new module is compatible with the other project components. Developmental testing can be conducted by either an in-house test team or the development team working on the project. These tests are conducted in a test environment that should closely resemble the future production environment. The major benefit to developmental testing is errors and issues are identified early. The earlier a problem is identified, the lower the cost to resolve the issue. Finding flaws early allows development teams to rework code before adding other modules that would have to be reworked also. Furthermore, the individual components of the module are fresh in the developers’ minds. This will save the time required to familiarize themselves with the code of that specific module months later.

Alpha and Beta Testing

The next type of testing that should be conducted is Alpha testing. Alpha testing works to review the functionality of the project and determine if it meets project requirements. This portion of the testing is typically conducted by an in-house testing team, working in a test environment, who works through test cases built to demonstrate the functionality of project requirements. Once Alpha testing has been completed, Beta testing should be conducted.

Beta testing takes the entire system and puts it into a production environment. Test cases are then conducted by the test team to determine if the system will function correctly in the production environment. The step is absolutely crucial to the success of the project. All too often there are minor discrepancies between development, test and production environments. These nuances can carry catastrophic implications affecting the overall functionality and availability of the system. Because a company’s reputation is on the line every time they release a new product, Beta testing can act to shelter the company’s reputation and mitigate the revenue losses associated with poor product launches by identifying issues found in the production environment prior to releasing it to users.

User Testing and Training

The last portion of testing that should be conducted is with the user. Ideally, user testing is conducted by selecting a small cross-section of the target user base and asking them to try out the new system. When users are selected, it is important to select users with varying computer and system skill levels as well as different jobs since these factors can greatly influence the user’s objective and experience. This step can be coupled with user training and can also be leveraged to identify user needs and pain points early in the products life. Additionally, these Beta users can be utilized to build buzz about the new release and potentially assist other users after the roll-out.

Sources of Accessibility

When investing in technology, it is important to integrate sources of accessibility into the business case; this would save up-front cost and nuisances of rebuilding or re-designing the program. The initial assessment will be established to gain a better understanding of the accessibility needs. An initial assessment must be conducted to ensure regulation compliance, software/hardware compliance, training and support.

Regulation Compliance

An operating business is subject to specific laws and regulations to minimize risk to business integrity and its image. It is vastly important to understand the laws and regulations especially if it involves technology. Some laws and regulations to observe are: HIPAA, Sarbanes Oxley, Web Content Accessibility Guidelines, Government Guidelines, W3C Web Accessibility Initiative (WAI), and etc. The organization will need to develop awareness for the new policy for internal and external users. Organizations that implement sources of accessibility into their websites benefit from search engine optimization (SEO), reduced legal risk, and increased customer loyalty.

Software/Hardware Compliance

When web tools, web technologies, or websites, are poorly designed, they can create barriers that exclude people from viewing the internet or company website. The website should be fundamentally be designed to work for all people, regardless of equipment, software, physical or mental ability; Authoring Tool Accessibility Guidelines (ATAG) will help hinder your website to work properly without other programs overwriting the website or design giving simple and affordable access to  broad web technologies.

Training and Support

In conducting, training sessions the benefits are wide-ranging from both workplace employees and customers with disabilities. This will also develop information and resources for both internal and external users and their needs. In all, a successful, efficient and effective program will be design while significantly saving time and cost of not having to redesign, rebuild, or retrain.

The amount of effort and detail that goes into observing the sources of accessibility will depend on the size and complexity of the project. In building the business for accessibility, you will develop a clear understanding of web usability, reduce risk of legal action, and support employees with disabilities; it will ensure that the investment delivers optimal value at an affordable cost.


           Integrating a customer relationship management (CRM) system with other third-party applications in the confines of an organization, can often times translate into massive return on investment (ROI) for the investors?  Integrating the tool properly can oftentimes be very complicated as other applications are typically not talking the same language or share functionality.  Some of the more popular integrations with CRM include enterprise resource planning (ERP) systems, Avaya or Cisco telephony, various marketing applications such as SilverPop or Marketo, mobile integration with support of Apple iPad/iPhone and Android devices, Microsoft Outlook, and many other custom applications.  The purpose and reasoning behind enterprise-level system application integration such as a CRM, has many benefits.  Some of the main purposes include greater visibility into the organization, transparency between departments, full access to all the customers and clients, increase in profitability, decrease in risk, more targeted marketing, increase business focus, improve customer communications and retention, and many others (Flanagan, 2011). 

Integration Examples

One of the typical examples of CRM integrating includes a company website and a CRM system of choice such as Microsoft Dynamics, Sugar, or amongst the popular brands.  A CRM system allows its users to capture, track, and re-use customer visitation data from their website in order to gain business intelligence about the customer trends.  The system is able to now move from a manual way of tracking data to automatically capturing visitors email address, phone number, name, and other pieces of information via a basic entry form.  That information in-return can now be used to streamline the sales process for lead generation thus saving countless hours of manual entry for website visitors. 

A second example of CRM integration includes integration between the CRM system and an ERP system of choice such as Microsoft Dynamics Great Plains (GP), Oracle’s PeopleSoft, or JD Edwards.  Most enterprise-level organizations leverage their CRM system in order to gain insights about financial transactions.  A CRM system typically tracks all interactions between internal sales and the company’s customer base.  If the organization has customers, it is common sense to know that there is some form of revenue being generated.  A CRM system has the ability to generate an invoice to a specific client and that invoice gets tied directly with an ERP system of choice. Once the CRM system alerts the financial system that an invoice was generated, the system now alerts the accounting department that an invoice must be sent out and tracked by customer.  This is a very high level example of how the two systems can be integrated.

Integration Requirements

In order to properly integrate multiple systems together, a process must be developed that starts with requirements gathering of the systems being integrated.  A commonality between structures must be evaluated in the beginning and both applications, in this case a CRM and ERP system, must be thoroughly examined for similar functionalities.  Following the example above, integrating tools from one organization is often a lot easier than trying to integrate applications with different manufacturers and different capabilities.  Some of the more challenging integrations include legacy applications trying to integrate with an application that are fairly innovative and new, application that are written in different frameworks such as PHP, .Net, or Java, and lastly, applications that were not meant to be integrated in the first place.  Often times the process of integration is challenging but with proper planning and analysis, the integration can typically be completed.   Couple of the biggest elements to take into account when evaluating integration requirements includes resource allocation and budget.  Because integrations are so time consuming, planning ahead and allocating resources with careful planning can often time mean the difference between the project being on budget and on time versus over budget and over time.  Being over budget on projects such as this one can cost the organization thousands if not millions of dollars to get back on track.  Integrations are not to be taken lightly as their costs alone are some of the main reasons why organizations shut down if not managed properly. 

Other factors for integration requirements include hardware and software analysis.  Some integration techniques require an entire overhaul of internal hardware and software systems especially those that are innovative and new.  Hardware elements such as random access memory (RAM), operating system (O/S), networking that includes switches and routers, hard disk space, video graphic array (VGA), are just some of the elements to evaluate when looking at integration.  Software elements might include an overhaul with respects to anti-virus software, network monitoring tools, spyware tools, custom applications, and many others. 


Clear consideration has been given to outlining proper steps to formulate and present a business case for technology.  As explained, the key components to develop in the case are prototyping environments and processes, testing design, accessibility, and integration.  Having a solid understanding of these concepts in relation to the proposed technology investment is a must.  If understood and addressed appropriately a solid case for a technology investment can be made following this process.


Flanagan, K. (2011, May 9). CRM integration – What can it do for me? Retrieved from

Schneider, C., Valacich, J. (2012).  Information Systems Today: Managing the Digital World (5th ed.). Prentice Hall

Wilson, J. M., Vozikis, G. S. (2008). Bridging the gap from concept to prototype: A case study.  SAM Advanced Management Journal. Retrieved from


CEO Daily: The Best in Business Reading – Fortune

Sometimes, you just need a little home-cooking. Having (I hope) established some bona fides in the past few weeks by emphasizing the work of other publications, I want to start this week’s edition by calling your attention to two excellent Fortune features before spotlighting some other superb work.

1. The Return of Steve Cohen

Jen Wieczner’s profile of Steve Cohen (“Inside Billionaire Steve Cohen’s Comeback”), the hedge fund trader who is famous or infamous, depending on your point of view, is a must read. Cohen made his bones at a fund he named after his initials, SAC. He was a notoriously demanding and successful trader and boss—so successful that customers were willing to pay 3% fees and give up 50% of the investment gain for the privilege of letting him invest their money. As Wieczner’s article points out, Cohen was dogged for years by suspicions—were they mere jealousy or a reasonable reading of the evidence?—that his stellar returns were, let’s say, assisted by information not available to the average investor. Cohen always denied wrongdoing, but his firm ultimately pleaded guilty to criminal insider-trading charges in 2013 and agreed to close down. Cohen himself, a bogeyman for a succession of ambitious prosecutors, never faced criminal claims. The article describes a very favorable civil settlement with the Securities & Exchange Commission. It barred Cohen from managing investors’ money (but let him keep overseeing it for himself, his family, and his employees) only till 2018, when he can resume. Cohen is cagey as to whether he will actually do that, but it’s hard to imagine he’ll be able to stop himself. This is a man who brings five computer screens with him to trade when he goes on vacation, and even when he’s on a yacht in a different time zone, buries himself below decks during the stock market’s trading hours.

I was particularly struck by one moment in the story, and let me note here that Wieczner interviewed Cohen while he was flanked by two public relations operatives and his general counsel. Interviewees, as is their right, often try to control a conversation, and outnumbering the questioner four to one is a power move, the interview equivalent of a boss situating his desk and chair on a raised platform so that every visitor feels small by comparison. Cohen and his team were clearly trying to convey the impression that he is relaxed, at peace with himself, and has left his legal problems in the distant past. (You should check out the story just to see the photos of Cohen kicking back at his Connecticut mansion.) Despite all that, revealing moments can occur. For my money, that moment comes in Cohen’s quote below that he’s “not trying to prove anything.” Sometimes, through the alchemy of rhetoric and context, a comment ends up conveying the exact opposite of the actual words:

“Graze the memory of 2013, though, and Cohen’s merry expression morphs to stone. It’s a period he doesn’t like to talk about, a year that in recollection remains dark, painful, and full of shame, one that his friends and associates think he would do better to forget. To truly redeem himself, he’ll have to demonstrate unwavering adherence to the law—and show that he can still post industry-topping returns while under that microscope. That’s the only way people will believe that he earned his billions honestly and trust him with their money again. ‘I think he wants to correct the record,’ says a former portfolio manager at SAC. While many of his associates believe that theory, Cohen rejects it. ‘I’m not trying to prove anything, okay?’ he says, his face grave as a cement slab. ‘I just don’t want to ever go through, nor do I want my employees to go through, what we went through a few years ago.’”

How to Start a Home Based Business Using a Business School in a Box

A business school in a box is definitely the quickest, easiest and most reliable way to learn how to start a home based business. If you want to access the very best small business knowledge center money can buy and successfully operate your home based small business, then you should avoid investing in traditional business schools.

Local trade and vocational institutions, community or regional colleges and universities and even secondary schools offer night time and other nontraditional forms of training classes for adults.

Think about it – many of these local programs were designed to help home based small business and craft business community. As an added benefit, those forums offer many options for satisfying one or more of the top priorities of entrepreneurs wishing to learn more about their industry and advance their careers. 

Even with all that support, the first thing you have to learn is how to start a home based business. Aspiring owners need more convenient forms of supplementary educational resources to help them develop their business domain knowledge. That’s where the business school in a box can serve you your needs.

A few top business schools are already providing or considering support for the home based business entrepreneur. We see online business school offerings gaining momentum with ever-increasing velocity.

A Boxed-Lunch of New Business Opportunity

The main drawback of most traditional business schools is that student entrepreneurs must physically attend classes, this requirement demands an unreasonable amount of time, money and effort from these struggling students. In response to these constraints many organizations now offer a “business school in a box”, a series of knowledge-based learning sessions, articles and lectures.

These programs give students ways to learn established standards and become well-versed in the various topics of business management, including accounting, finance and marketing.

Often, the business school in a box consists of packaged lessons or recorded lectures students can access online.  Business concepts, ideas and theories are usually taught in these serialized lesson modules. 

I think you will agree that this form of training is perfect for entrepreneurs searching for the optimal small business knowledge center solution – it can especially help out people who are trying to learn:

  • how to start a home based business;
  • how to manage a home based, small business;
  • how to find good home based business opportunities for moms and women.

What Comes On Your Plate?

You do realize that learning how to start a home based business or successfully operating your home based small business means working on your own without a boss or direct supervisor, don’t you?

In a word, the business school in a box format is a variation on the distance education theme, and as such, some lesson plans may not provide direct interaction with your instructor or fellow students.  This kind of learning occurs through the student’s own efforts and perseverance, so you will have to be someone who works well and effectively without supervision. 

Lessons are typically presented in small packages and feature home study along with assignments. Sometimes self-grading quizzes, learning simulations and projects may also be included.  Depending on the institution, some subjects provide live online classes, which may give students a chance to participate in lectures and discussions in real time.

Yummy Advantages of A Business School In A Box

There are several advantages to choosing to learn more about how to start a home based business and managing your home based small business, using nontraditional methods such as a business school in a box.  These include:

Convenience of Your Small Business Knowledge Center

A business school in a box is the equivalent of distance learning, a well-respected and established method of imparting knowledge.  Many of today’s universities, including top business schools, use this method in order to provide better services and reach more students.  Here’s an example, students in China can enroll in online business school courses being offered in USA colleges.

Since student entrepreneurs don’t need to be physically present on campus in order to participate, they can absorb lessons at their own pace and in the privacy of their homes.  This forum gives them the flexibility and relative freedom to develop their ideas for a home based business and devote serious attention on how to start a home based business that they might not achieve in a traditional classroom setting.

Lower Food Costs for Your Business Education

Generally, a business school in a box package can be less expensive than the best online business schools.  Most assignments and tasks assigned just require the use of available, virtually free technology, with minimal need to produce hard copies.  Because program’s materials can be accessed from the home helps students save on their travel, food and lodging expenses.

With its low cost of entry, learning how to start a home based business or acquiring the knowledge to grow your home based small business this format presents an attractive alternative to other educational options.

Access to all-you-can-eat business training and coaching resources

Some of the best business schools in a box programs use combinations of teaching techniques to optimize the learning experience for their students.  Other than passive lectures, for example, students can also take advantage of online classroom settings, discussion forums, chats and instant messaging in order to communicate with their instructors and classmates.

In today’s globally-focused, online-driven, socially networked economy, expanding your home based small business or getting the knowledge you need on how to start a home based business is easier, cheaper and more robust than ever before.

You will find there are more than enough educational options, regardless of whether you:

  • operate a home based business for moms and women;
  • have promising ideas for some part time home based businesses;
  • desire to make your efforts pay-off with a more profitable home based business. 

Copyright © 2008, Mustard Seed Investments Inc., All Rights Reserved Worldwide.

5 Factors for Choosing the Right Business Structure

Now that we’ve given you the heads up on the kinds of business structures available to you, we will take you through the 5 critical factors that you need to evaluate before choosing a business structure:

1. Legal liability – The single most important reason for incorporating a business is protection of personal assets. In the event of a lawsuit or judgment against your company, no one can seize your personal assets. The decision to incorporate your business depends on whether your business lends itself to potential liability and whether you can personally afford the risk of that liability. For example, if you are investing in heavy machinery or equipment, sole proprietorships or partnerships will not be the right choice for you. On the other hand, if you want to start a tax-consulting business, incorporation is not really necessary.

2. Tax implications – There are more tax options available to corporations than to proprietorships or partnerships. Owners of unincorporated businesses such as sole proprietorships or partnerships pay income taxes on all net profits of the business. On the other hand, owners of a corporation do not pay personal income taxes on profits they do not receive, and they also have the added advantage of lower federal corporate income tax rates on the first $75,000 of income as compared to the federal individual income tax rates on an equivalent amount of personal income.

3. Expenses – Sole proprietorships and partnerships are easy to set up – there are no special forms to be filled, nor any fees to be paid to start your business. Neither do any special operating rules need to be followed. On the other hand, Limited Liability Companies (LLCs) and corporations cost more to start and are more difficult to maintain. To form an LLC or corporation, you must file a document with the state and pay a fee. In addition, owners of corporations and LLCs must elect officers to run the company, and keep records of important business decisions and follow other formalities.

4. Individual Needs – Your needs as an individual are a critical consideration. What are you looking for? Do you want 100% ownership of the company? Are you willing to work with partners? These are key questions that you have to answer before deciding the appropriate business structure.

5. Flexibility – When you’re first starting out in business, your main concern is getting the business off the ground. You are not usually thinking of what might happen in five or ten years. What will happen to the business after you die? What if you decide to sell? It is important to choose a business structure that allows you the greatest room for growth. A sole proprietorship is easy to set up and expand into whatever you want it to become.

There is no single choice that fits every business; no two businesses are alike. Your job is to pick the structure that best meets your needs and keep in mind that the choice you make now is not etched in stone; you can always change the structure of your business depending on your needs and market expectations.


EACC detectives raid Tharaka Nithi Dep. Governor’s home, business

The detectives seized Ksh 900,000 in probe on official’s finances
Deputy Governor Mate and family insist cash was legitimate business money

The Dep. Governor recently claimed Ksh 3.5 M was stolen from him by a bodyguard

Citizen TV is Kenya’s leading television station commanding an audience reach of over 60% and in its over 12 years of existence as a pioneer brand for the Royal Media Services (RMS), it has set footprints across the country leaving no region uncovered.

This is your ideal channel for the latest and breaking news, top stories, politics, business, sports, lifestyle and entertainment from Kenya and around the world.

Follow us:

Accounting In Business Management

In any part of the world, engaging in business ventures to participate in the ever growing number of players who want to make their mark in the business sectors will be one aspect that needs to be carefully studied. Key aspects that include the industry that anyone is planning to penetrate, the target market and the potential buying behavior of the consumer market are only some of the factors for consideration. A thorough study of the entire matter needs to be evaluated. It is not merely a venture wherein people can simply decide to put up a business and offer a service or good. Nor is it a matter of hiring the best marketing and sales people available today to ensure a successful business venture.

A business venture entails a lot of research work to be done. It needs consideration such as currency, basic necessities, affordability and brand familiarity. It is never simply about what the management team of a company that complete the whole business mix has. The need to also consider factors as actual consumer demands, the need for substitutes for a wider selection of variants and brands is what most consumers in the market today would look at and such is something that should be considered by would be entrepreneurs and business groups.

Such are points for consideration being taken into consideration in the overall evaluation and management process for Chin Chin products that are distributed today. The demand for products in areas such as Canada, the United States and the Philippines vary in nature, especially in terms of demand. Cultural familiarity and actual needs of consumers in the regions need to be carefully analyzed. It is not merely a question of trial and error. It is identifying what a consumer wants and would purchase for a specific price. While some would disregard this consideration, it is a step towards business disaster and corporate downfall. In any business planning ordeal, the key factor of targeting the right consumer market, assessing the volume of demand and supply and focusing on the actual goods that have potential that will surely be key indicators for successful business ventures.

The price at which people pay for a certain commodity or good would depend on the overall quality of products offered in the market today. This can range from basic needs to lofty paraphernalia that most people feel to be more of a vice rather than a need. Based on the belief using Maslow’s Hierarchy of Needs, people have changed to total viewpoint when it comes to detailing what the important needs of survival are today.

For people who are not adept in understanding the whole business methodology, there should be something more than just plain reference towards the financial statements of a company such as the Balance Sheet, Income Statement and the Cash Flows. People need to also consider the overall operations, the level of investments made and the paid-up capital before they would start bellyaching about poor corporate performance.

The operations aspect of companies should be taken into account. It is not merely relying on revenues and expenses and not overseeing what the company’s actual operations are. Administration is one thing and operations is another, and both must be addressed to have a fully operating business.

The need for broader analysis and understanding of such cases is a must. Top managers cannot simply judge from what they hear. They should be able to learn how to properly evaluate a business and financial statements do not show the entire business operations of a company.


Millennial Trump supporter explains business mogul’s appeal

I think Mr. Trump’s rhetoric really is spot on with the way the American people are feeling right now,’ says Richard Penny
To read more:

»»» Subscribe to CBC News to watch more videos:

Connect with CBC News Online:

For breaking news, video, audio and in-depth coverage:
Find CBC News on Facebook:
Follow CBC News on Twitter:
For breaking news on Twitter:
Follow CBC News on Instagram:

Download the CBC News app for iOS:
Download the CBC News app for Android:

For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio,, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.