Broken Leg!

Oh my god!Tomorrow I will go to the airport and come back to Oxford!But...yesterday there was a historic football match between Vietnam and Thailand!...And then Vietnam won when there was 3 seconds left and was a champion!Then everybody run out their home to the streets with motorbikes...And then racing like crazy!...And I was on the street too but not for racing,because to meet my frds.I was stuck in the traffic jam,and was so unlucky that I had an accident,and I tore my leg!I need to sew my leg,with more than 20 shots!....Oh...I hope I was unlucky just yesterday,the last days....I hope everything would be okay!...Hope luck to me guys!!!..Thanks!

Problem!

I haven't learnt all glossaries and things or targets that need to learn by heart I didn't learn a lot.But I understand Unit 1 Economics and Business Studies.So is it okay if I didn't learn ALL of the glossaries???
I think in Business Studies we need to learn by heart more than Economics is it right???Economics we just need to learn formulaes but in BS we have to remember more!

So I think I need to concentrate in all days left!
(MATH.....Disaster!!!!!!)

Merry Christmas!!

Everybody...Merry Christmas!!!!!
Best wishes for u all,my friends and my lovely teachers!!!!!!!!!!!!!
^_____________^

Revision!

A have learnt more syllabus not only about Economics...Business studies as well!
These days I did Math exam papers and concentrate on them!
On Christmas I will study also,because in my country Christmas is not very important!...Just for some people...!And I will come to Long's house to study Math and Economics....We will revise together!!!!..
Nearly coming back to Oxford.....Miss it a lot.....But....leaving family.....sad also..T_T

Some Break-even exercises!

Here are some exercises of Break-even topic!Enjoy it......^^

1)Easyyy one!

Selling price=4 pounds
Variable cost=2.50 pound
Fixed cost=1500 pounds
Volume=3000 units

Calculate:
a>B/E
b>Profit

Answer:
a>B/E= 1000 units
b>Profit=3000 pounds

2)Easyyy one too!

Selling price=6 pounds
Var.Cost=4.5 pounds
F.cost=30000 pounds
Volume=25000 units

Calculate:
a>B/E
b>Profit

Answer:
a>B/E=20000 units
b>Profit=7500 pounds

3)Normal!

Sales price=1.20 pounds
Var.Cost=0.45 pounds
F.cost=8500 pounds
Volume= 12000 units

Calculate:
a>B/E
b>Profit

Answer:
a>B/E=~11333 units
b>Profit=500 pounds

4)A little bit hard one:

Selling price=20 pounds
Var.Cost=15 pounds
F.cost=5000 pounds
Output=1500 units
Capacity=2000 units
We offered a new order for 700 units at a price of 17 pounds.To meet this order we will need extra machinery=1000 pounds.Should we accept?

Answer:Yes(not sure,)^^
[To solve this problem,you need to calculate an old profit and total cost,compare with a new profit and total cost,and MR.CHRIS after that how could we know SHOULD WE ACCEPT OR NOT???!!!

Eco And Busi Revision!

Today I revised Economics and Business Studies as well!

*Economics:

I have read all 10 pages very carefully and I have learnt glossaries.Here are some main glossaries that I wrote without looking at a book(just a little bit...^^):

• Economics:the study of how to allocate scarce resources in the most effective way
• Economic problem:how to allocate scarce resources among the alternative uses
• Household:group of people whose spending decisions are connected
• Micro economics:the study of how house holds and firms make decisions in market
• Macro economics:the study of issues taht affect economies as a whole
• Factor of production:the resource inputs that are available in an economy for the production of goods and services
• Entrepreneur:someone who bears the risks of the business and who organises production.
• Production:the output of goods and services
• Scarcity:not enough resources to meet unlimited wants
• Opportunity cost:the cost of the next best alternative
• Subsidy: a payment by a governing body to encourage the production of consumption of a product
• Productivity:output

*Business Studies:

I revised the "break-even" topic, and here are some formulaes:

1. Break-even=Fix cost/ unit contribution
2. Unit contribution=Selling price - variable cost
3. Profit=Total contribution-Fix cost=Total sales revenue-Total cost
4. Total contribution=Unit contribution*Quantity
5. Total sales revenue=selling price*Quantity
6. Total cost=Fix cost+Variable cost*Quantity

And this is the way to draw break-even diagram in order:

1. Calculate sales revenue
2. Calculate total variable cost
3. Calculate total cost
4. Calculate break even
5. Calculate profit
6. After the calculation start to draw the diagram

*Note*:Always remember do the calculation first then draw a diagram to make your digram more accurate

IF you want to see the video of break even chart is here!

A small question....!

Elasticity:
IF PED,PES,XED and YED = 1:What does it called?(Each situation)
And can u show me all types of Taxes and goods...with the descriptions please....
All RIGHT comments are welcome....!Thanks....

Revision

These days I have read many English books.And watch many....English language movies!!!!....Even scary movies in English....(not to understand much....so that...not to be much scared....Kekekeke....)
And that's all......ah ye ye....I ahve don many mocks and read olds mocks also in business and eco...!

Really nice blog!

I found out one new blog....I think this blog is very interesting....Specially in decorating.This blog is about R&B music,but the main thing is this is just a BLOG...but when u visit it...it's like a WEBSITE!
U can download music,you can listen to R&B easily on it,and u even can chat or send messages online on it!...Really interesting...I think this blog is quite famous and popular!
If anybody interested in this:Here it is!

Starting again....

Mr.Chris...From now on...I will start again for my revision....But I recognised that so many things mixed up together???And I don't know how to start....I decided to start from reading notes that I have written and then read Eco and Busi books.After that learn glossaries and then...when I finish it....Go to websites and do more exercises....Do u have any suggestions for me???Is it okay???Thanks...^^

Revision..ohhh....again!....!

Need more help...So hard to study here....Friends are coming, guests are coming,all people are coming...and no study!!!!.....
So finally i had time to revise more....
Today I have listened to a podcast or I don know is it a podcast or not ...in BBC news about recession and the way to solve it.I read books and comics in English and i have found out that watching movies and reading books in ENGLISH is much more interesting than the translated mode.
So that's all....for yesterday.....

Revision

Yesterday I was checking my MATH....and I have just found out.....ABSOLUTELY USELESS!!!...OMG now I'm worrying about my Math more than Business and Eco.....
Today I have revised by working our revision in the tutor2u site.I did some quizzes and read the articles.Then I read Business book and learnt by heart some glossaries,and read first 10 pages.

Revision

I nearly done the mock exam...and I read 2 of 3 articles in Mr.Chris's blog.Today I will continue reading and learning by heart syllabus.....!

Done!

I have listened to a business podcast:

SmallBizPod #77 - business innovation - every idea’s a startup

quite useful but there's one woman maybe form India....Spoke English "really clearly"
IT's here

Revision

I have listened to 2 podcast too:Oil Prices and Recession!

Revision for today.....!

I have done exercises,looked through the notes and read OCR economics book!

Our last fantastic dinner with economics students and Mr.Chris!

These are our pictures about our dinner with Mr.Chris and friends.It was a pity that there was just 5 of us: 2 Longs,Mary trouble and me,Lex Beavis.It wasn't a free dinner...but finally....it was FREE....
It was a really funny and cool night,it was full of laughs.....
A big thanks to Mr.Chris for the great dinner we had.....!

Sunday 7-12

I did production possibility curve.....revised elasticity....!

Vietnamese students are going back home....!^^....(Men in Black)...

I miss Oxford....I wanna go back to school...Maybe to study...But not studying Math...Kekekeke.....(T_T)...Have a good holiday guys...!

Japanese Management

Lex's Back!!!

Finally WIFI is fixed.OMG....How could we(EF students in Residence) do our homework....
And the most boring thing....is my "daily blog post record"....was broken....Because of that ..."FRUITing" EF's WIFI connection...RUBBISH.
Ok...So I will continue my record from today then.....!!!.....

Business idea of today's trip to London:FUNKY DIVA

Today we went to London for a special business start up exhibition.It was quite interesting and ......tired!There are many businesses that shows their products and ideas for visitors to look at,get more information and also develop their brand.

There are may seminars,small rooms that had the talks with business people.And they are talking about how to start up a business,how to develop it,how to rescue it,how to help other businesses,how to manage a business,what ways to win recession and sharing their experiences.

One business idea that I'm interested in was about MUSIC.Their business is FUNKYDIVA,which is also the name of the special machine that they advertise.I was immediately enjoy it when I heard 1 it's R'n'B song.It's a machine or a big programmable computer which has thousands of tracks in it.Need great music for your party,then maybe you will need FUNKYDIVA.

In other way,FUNKYDIVA is a jukebox for the digital age.The unit comes preloaded with over 6000 MP3 sound and music tracks,user-friendly touch screen.When u order FUNKYDIVA jukebox,you also receive 2 250 speakers.If it's not loud enough,no problems,simply hire another set of speakers from the company or plug FUNKYDIVA into your venue's PA system.

I asked one of their presenters:
"What is the difference between this "thing" and a normal computer with 2 speakers???"
She answered me:
"This jukebox is more useful for parties,is more professional about the music in your party.And the high quality of the music,a lot of songs which has many cotegories and playlist which can fit every of your friends in your party.So every your friend can be happy with the music in the party.And also,before ordering it,you can choose a category and the music type,music style that you like,and that you want to create by yourself.Then our DJ will create it to you and make a full playlist with ur favourite music".....INTERESTING...^^

The price:

1. Rental for 1 day: 290 pounds
2. Rental for weekend:390 pounds
3. 1 additional set of 150W speaker:50 pounds

The strengths:

• New and useful idea for parties
• Good design
• Modern use and high technological programme
• Deliver to home
  

The weaknesses:

• Many competitors:high technological computers
• Price is high
• Their website is too simple

FUNKYDIVA WEBSITE:
http://funkydivamusic.com/#Home

EVALUATE IDEAS:Entertainment Exercise machine

I decided not to post any entry today because I wanna do a revision course..But...Anyway,I will post an entry....To make an "everyday post record"....Kekekeke....

"Develop exercise machines that integrate with an entertainment computer system of video and audio so that a person's immediate exercise performance directly impacts the game or scenario. Participants might, for example, 'rescue a dog trapped in a burning building' (stairmaster), 'escape from deadly assassins on motorbikes' (bicycle machine), 'flee through the park, chased by an escaped tiger' (treadmill)." Would you invest in this product?

This is an idea which makes people doing hard exercises be more excited.People who're lifting,running,biking know how hard and heavy all these actions and exercises.That's why we need this new business idea,to encourage people and add more fun.

What about my opinion,I think this idea is really great and useful.I would invest this idea,surely.Why not,IF you try your best and want your body....be SEXY ^^....It's not a problem.But there are many people that are lazy and doing exercises just for fun.By that way,they will do exercises wrong and could hurt theirselves.Because of lazyness and get borred fast,they might give up.This way,we can encourage that people....to make them have more fun,more excited in their healthy work.MAy be we can call it.....1 kind of "MOTIVATION".So there will be many strengths:

Strenths:

• Encourage people
• Add more fun to lazy people
• Motivate
• Advertise the firm in it
• New idea

But there are also Weaknesses too:

• Need more technology
• Not useful for all ages
• Maybe people will get bored
  

MIND MAP:Pain releif for small businesses,apart from one VAT big headache

MIND MAP:Strings Attached (NEWS)

MIND MAP:Pre Budget report (NEWS)

Evaluating A Website

This is the website:
http://www.wolfffitness.co.uk/daniel_wolff-lawson.htm

First of all we can see a good and usefull image of the website.This website is about sport and fitnesses.So the first pictures that come out are muscles,running,competitions,kind of sports,happy faces when doing sports,extreme sports.That means this website is creative and multi-useful.

It also included pictures which has a woman there doing fitness,so that shows us women can do sports there as well.

Strengths:

• Nice decoration
• Good pictures
• Colourful
• Easy to use

Weaknesses:

• No videos
• No downloading for more informations
  

My god........Annoying Fire alarm....!!!!!

I have just came back to Mary's room.Me and Mary were doing Economics "super" homework....And then suddenly,fire alarm rang!!!The special thing was...it alarmed at 1 o'clock at night....Kooooooooool......Everybody with sleeping faces came out of the school and again.....at midnight......met each other.....looked at each others' faces.....Kekekekeke......(Mary was holding a comb when she was outside....Kekekeke......Because when the alarm rang...she was combing her hair...Kekekeke.....)

Very very very........Important thing.....was....It rang just 5 minutes and stopped.And then people decided to go back to their rooms....BUT it rang again...and...some people were shouting...sleepy people were talking with sleepy faces...But we......ECONOMICS Chris's students....were laughing....Kekekeke......FUNNY...^^

But I have headache now........Cause of that alarm was soo.......F***ing annoying.......
I have met my fat roommate outside....(who I meet everyday).....My friends....who were sleeping.....ANd now.....continue working.....
Kekekekekekekeke.......

MIND MAP:The Exchange Rate

MIND MAP:Consumer Spending

MIND MAP:Economic Efficiency

Evaluating a business Idea:CDs in the rental cars

"Produce CDs that sit in the CD player of rental cars so that, when a new driver gets in, the CD can tell them about the car, the local area, driving laws, etc. It could also feature advertising for local businesses." Would you invest in this product idea?

This is an idea to advertise the local businesses in the fast way!Usually,people who rent cars are visitor,travellers or new citizens.So that they need a location and navigation for the new place that they visit or come to.

Not only about navigations,also laws are needed too.And about traffic rules....many many problems and difficulties.So that this idea is pretty good and useful.And businesses also can order and can advertise by this way too.A good way for advertising.

Strengths:

• The good way of advertising
• Get more informations

Weaknesses:

• Need money to produce the CDs

Trip to London!

Today we went to London for a special meeting,where students could ask about universities they would like to go.It called "Universities fair",the hall and have space for students to walk through all universities and freely ask questions.It was interesting and we got many informations and more details about Universities.The university I'm interested in is York and Loughborough.Both of them have strength is they have quiet and nice environment.Luoghborough has a really big area,and York has beautiful image of a school.They are all top 15 schools of UK and their education is good!

Then we went to UCL(University College London) which is in the 3rd rank and famous about education too!....The speaker was speaking a little bit fast...so I was just reading on the board.But I can understand her.The school is really nice,and it has a big area...but it's located in the centre of London so that,there's a little noise.....Anyway.....It's an one of the best Universities!

How was our trip???It was quite fun!I discovered something really interesting....Kekeke....

Is that man and ROBIN,my Chinese friend, related to each other???I don't know him....But he was in UCL's history board....so...he must be FAMOUS~ ~.....!!!KEkekekeke.....



And this is our lovely teacher's......relaxing time!!!.....(^_^)

Business study video!

So...do u feel dissapointed cause of choosing Business studies as aan A-level subject....Do u wanna drop it.??So watch this video...And u will enjoy it!And maybe change yourminds......Business studies...useful subject.
This is a video about an interview of a student that do business studies....:

Evaluating an idea:International songs' website!

Create a website where people could submit tunes or songs native to their country/culture that are unlikely to have been heard by people around the world. The site would be easy to use, allowing people of any age to easily grasp the concept of uploading content or even recording it directly using the website" Is this a viable business idea?

What about it!So,the new idea is opening a website and it will be creative by an interesting way!People could submit tunes an songs of their native contries!And then..everybody will enjoy songs from many countries!And this will be like..."International Websit"

*Strengths:

• Creative.
• There will be many traditional songs form many countries
• Advertising cultures of each country by traditional songs
• Good for travel business

*Weaknesses:

• There may be racism
• Bad and rude comments..which may effect on relationship between countries
• People may don't like traditional songs of other countries.
• The decorating must be careful ,praise all countries...or it won't be fair to others.
  

Christmas Presents....For our lovely teachers!!!

Hi everyone, it’s Noel. When you’re going over your Christmas present lists, make sure that you don’t forget your children’s teachers!

Teachers play such an important part in our lives, it’s only right that we acknowledge all that they do for us when it comes time to hand out Christmas presents.

Each year I give a Christmas present to my children’s teachers and I’m going to share some of my favorite Christmas present ideas with you.

Giving teacher an apple may be acceptable during the rest of the year but at Christmas it just won't do. What do you give the schoolmaster or mistress who's got enough woolly scarves and bath salts to last a lifetime?

"Christmas presents tend to go in cycles," says Diana Wynter, head of the Sacred Heart School at Swaffham, Norfolk. "There was one year when everyone gave photo frames. The next year it was chocolates, and then candles."

The unofficial getting-the-same-gift world record is held by the teacher in south-east London who received a Victoriana cat-in-a-basket ornament from six different pupils on the same day. Also in the festive hall of infamy are one psychedelic Wellington boot, a pillowcase, pasta brooch, pink knickers four sizes too large, three plastic reindeer joined by a chain and a casserole dish that, only days before, the teacher in question had donated to a charity shop.

But it's not just cheap tat that teachers dread. Websites such as www.homeroomteacher.com and www.gifts.com now offer parents the chance to express their gratitude through expensive, hand-engraved stainless steel bookmarks in the shape of an apple, or supposedly inspiring ornaments such as the £35 china eagle with a wingspan of more than a foot.

What's wrong, you may ask, with the good old traditional bottle of booze? Nothing, it seems, if it's the parent who's handing it over.

"Sending small children off to school clutching a bottle of Scotch isn't encouraged," says primary head Chris Davis of the Association of Teachers and Lecturers. "Mind you, it's not that good an idea to give a teenager a bottle of vodka to take on the bus, either."

Some schools make it clear that alcohol is not acceptable. "We used to have a blanket ban, but now we leave it up to the individual heads to decide whether to allow it or not," says a spokesman for Westminster Council. "Some do, some don't."

At St Paul's Boys' School in west London, they most definitely do -and with the parents' blessing.

"Mothers and fathers tell us that if we've had the trouble of teaching their son for the past 12 months, then the least they can do is ensure we end the year in a pleasant stupor," says head Martin Stephen. "As for the staff, if I tried to ban them from being given drink at Christmas I'd be lynched."

At some of the more prosperous private schools, parents club together to buy the form teacher one nice, big present rather than lots of little horrible ones. As a result, some members of staff leave on the last day of term clutching £200 worth of book tokens or spa vouchers rather than hand-knitted snowmen and bath gel.

Failing that, a nice box of chocolates or a plant will do. Polls regularly put these (plus drink) at the top of teachers' wish lists, though a survey this year (admittedly by the aid agency Unicef) found that what most teachers would like is for pupils to give (on their behalf) an "ethical" gift that would help people in the Third World.

"It's true," says Diana Wynter. "Ask my staff whether they'd rather get a box of Fortnum & Mason mince pies, or a village in India got mosquito nets, and I know what they'd choose."

Mind you, for true selflessness, it would be hard to beat Gordonstoun School's head of drama, Nigel Williams. "In my quest to motivate, engage and touch my students, I write each of my classes a card to show I know their names, care and am interested in them," he sighs. "I have even bought them sweets, chocolates and small gifts to reward them for enthusing or achieving. These days, receiving a card from a student is a rare thing. Showing teachers a sign of affection is not cool."

It's not just teachers of teenagers who miss out on gifts, either, it's head teachers. "Unless you're in the front line, teaching classes all the time, you tend not to receive presents at Christmas," says Pat Langham, head of Wakefield Girls' High School. "That said, I've made it known that I love owls, and as a result I have a huge collection of them, each bearing the name of the girl who gave it to me."

Of course, the other source of gifts for heads is the "Secret Santa" system adopted by many staff rooms, whereby you must anonymously give a random colleague a gift with a maximum value of £5.

"I know a deputy head who got a pair of plastic guns and a cowboy hat saying 'Deputy' and he was absolutely delighted," says Chris Davis. "Mind you, sometimes the gifts can be a bit pointed. One member of staff who was always late was given an alarm clock. Another who was always taking days off sick got a bottle of vitamins."

However, the most moving gifts received by teachers are those that have involved time and thought on the child's part.

"I was always very touched when I was given a present by children whom I had thought were shy, or not particularly enjoying my lessons," says ex-teacher David Almond, the author of Skellig and Clay. "I always felt the simpler the present, the better."

Former West Country teacher Marie Postles, who now runs a company supplying mail-order art parties, has no doubts about her best-ever Christmas present.

"A little seven-year-old girl was worried I might be lonely and need company over Christmas," she recalls. "So on the last day of term, she gave me a snail

In my country....Teachers are like our parents...We really respect teachers and it will be really really really rude if we don't respect it!That's why...teachers are such important for us....Without teachers....No knowledge.

Here's an example of a koooool teacher......Whose...I don know....maybe popping in the class...Kekekekeke....Joking!!!!..........."CHRIStmas"..<---What's wrong there????...Kekekeke....

There's a special day for teachers in my country 20th of November!Many teachers LOVE teaching so much,just because of their hobby,cause they like teaching....and the clearest example is Mr.Chris.I know he likes teaching very much......So this is a PERFECT IDEA to make our teachers happy.....(Or make better reports...Kekekekekeekekeke)....And this is the website that u can visit: really useful
There u can get idea about presents for teachers....ANd it's really hard to choose a present!I think this is the student's problem!!!...So that...this idea is for us....!!!

So what about the website. First of all,all websites have a good images.They decorated so good.Very colourful and creative.That is the most important thing.And the next thing is, is it easy to use or not???It's easy to use,and easy to read.All things and presents are clear.What about downloading pictures and other stuffs.As usual it depends on The Internet connection but the website lines as well.But these websites are fast I think.....

Evaluating Idea:giving a voucher in stead of paying for a fuel bills!!!

Insist that, instead of giving extra money to people to help pay for fuel bills, the UK Government gives everyone a voucher with which they could purchase a good quality sweater/pullover or blanket. This would encourage people to think about putting their central heating on - thus reducing the size of fuel bills and carbon footprints alike." - would this work/be popular?

Strengths:
*New business idea
*Good way to encourage people.
Weaknesses:
*The quality of the voucher.
*Are they interested in the present or not!

Evaluating business idea 2:Speaking Mugs and cups

Introduce mugs and cups with special sensors that would give a voice alert like 'This is your third coffee today', 'Your coffee is getting cold', 'I am empty; refill me if you want', and so on." - would these sell well at Christmas?

Of course yes!This idea is really creative and great idea for Christmas Business.It will be amazing if in the market has this cup.But it a little bit annoying...But this is not a problem.Th main thing is this is a great Christmas present just for fun!

I don't need to evaluate much..because I think everybody will think it's a good business idea!!!!Right???

Evaluating Idea:Talking Mugs and cups

Introduce mugs and cups with special sensors that would give a voice alert like 'This is your third coffee today', 'Your coffee is getting cold', 'I am empty; refill me if you want', and so on." - would these sell well at Christmas?

Of course yes!This idea is really creative and great idea for Christmas Business.It will be amazing if in the market has this cup.But it a little bit annoying...But this is not a problem.Th main thing is this is a great Christmas present just for fun!

I don't need to evaluate much..because I think everybody will think it's a good business idea!!!!Right???

I'm NOT Feeling Lucky...Google trick!

As we know....on Google's webpage there's a search button called "I'm feeling lucky".What is it....

The "I'm Feeling Lucky" button takes you directly to the first web page Google returned for your query. You will not see the other search results at all. An "I'm Feeling Lucky" search means you spend less time searching for web pages and more time looking at them.

For example, to find the homepage for Stanford University, simply enter Stanford into the search field and click on the "I'm Feeling Lucky" button. Google takes you directly to "www.stanford.edu", the official homepage of Stanford University.

So the new idea is there will be appeared a new search button..which is called:I'm NOT feeling lucky" that would automatically take users to a random webpage that would NOT be the topmost return for their query. This option would complement the 'I'm Feeling Lucky' button, giving the search process a creative twist.
This idea is really creative.The main pages of the topic that searchers want to know is very popular,and maybe they don't want to search it.And this service becoming older and useless. So why not create an "I'm not feeling lucky button"...for people to randomise it.....!!!!This will increase Google's revenue!

Boom for online fashion firm ASOS (^_^)

Online fashion retailer ASOS has reported strong growth in both sales and profits, despite the recent economic slowdown.

The company said pre-tax profits during the six months to October rose 68% to £4.1m ($6.07m).

ASOS, formerly known as As Seen on Screen, sells cut-price versions of designs worn by celebrities.

The firm, which saw sales jump 107% to £67.5m in the period, said it was cautiously optimistic about the future.

ASOS also said its sales were up 104% for the seven weeks to 16 November compared with a year ago.

ASOS online fashion firm succeded very quickly!Why???...Here are the way to solve it out!

• Possible reasons for the success of ASOS:

People want to wear and buy famous clothes and celebrity's stuffs.Even their income is low,they still buy expensive and famous clothes.So why not to buy in this firm....Online fashion firm which is much more cheaper.

• Who the main competitors are:

The main competitors will be other famous fashion brands and firms.Because customers won't really believed in quality of the clothes if the price is cheaper.And sometimes famous brands will have discount.So that,they will compete each other by the price and the quality.

• Strengths and weaknesses:

*Strengths:
_Price is cheap
_Many customers,high demand
*Weaknesses:
_Not sure about the quality.
_Many competitors.

• What steps can they take to ensure continued success?

_COntinue in low pricing
_MAke sure the quality is good
_Opening a bigger business,such as not only selling celebrity's clothes....

Website....!!!!

Finally I uploaded my website!!!......It's always failed......IF you wanna know something about dancing....or learn popping style,,,come to my website!!!!.....I have a speacial popping tutorial videos in chinese version.....for my chinese friends....Kekekeke...Enjoy it!!!!..
Good Night!!!!Oaaaaaaahhhhhh.....(~_~)....

Busy....

Today I'm a little bit busy....with designing and adding a website...So I just posted one post on my blog....Seeeeeeeeee UUUUUUUU.....!!! (^<3^).....WIFI in EF is soooooo soooooo slow!!!!!Oh my god....It's impossible to work on synthasite.com....

MIND MAP:Imperfect Information

Poverty....U must look at this....!!!

As I have done a mind map about "poverty".I want to talk about and show you something about that!I was really surprised when I saw it.I want you to look at this pictures that are really touched.This pictures show us the comparson between children that have enough and full of things that they need....And people and children that don't have any chances to improve their future,their childhood.But the hard thing is its in Vietnamese.But I will translate it.

And this is "poverty pictures":(translation)

"1st sentence:An education makes you feel unendurable?
2nd sentence:But they don't!"



"1st:U hate eating vegetables???
2nd:But they are very hungry cause of not enough food!"

"1st:you're on a diet???
2nd:they are dieing because of that,even they don't want!"

1st:Your mother's care makes u feel tired???
2nd:But they don't have anything like that!!!

1st:When u're bored,u can play many games...
2nd:But thay have no choices!!!

1st:Someone gives you Adidas shoes in stead of Nike???
2nd:But they just have one kind of shoes!

1st:You don't say thanks for a perfect place to sleep???
2nd:But they just wish nobody woke them up!!!
And finally just one sentence....But makes you think a lot:"After this.....you still complaining?????"
That's why this people need everything so much!That's why we need to do charity.......Think....

Poverty And Inequality

Opportunity Cost Video.!

Look at this....Very simple example about opportunity cost but it's very effective...If u want to know more or better about opportunity cost...Try out this one.!

Break even chart!(^_^)

This is a video about how to draw a break even chart!As I know,some of my friends started learning Business Studies late....And an important thing that they have to learn is how to draw break even chart.....So this will help my friends to calculate and draw it quickly!!!Enjoy it!

Baby Clothes Rentals

As we all know,children grow fast...Parents have to consider and they have their own anxiety for this.So one german company offers baby clothes for rent in order that parents don's waste money on children quickly outgrowing their wardrobe.

They have to buy much clothes for thei children,because child's cloth is easy to tear and can be broken.So this is a good idea for parents to think about it.

First of all,parents would consider about the price of rentals.It says it costs at about $30 per month and parents receive a shipment of neutral, 100% organic cotton clothing in the requested size.IT's quite cheap and suitable for customers.

The business idea said we can reduce, reuse, and recycle,which is a thoughtable service for everyone and also the environment.But will it still clean if someone else use it???The safety for the child is less,it will have some deseases or illnesses on the another child that used it before....
I just can evaluate by guessing....because this website is in GERMAN!!!!

Learn Business English ESL Vocabulary - Economic Terms

Do you wanna learn English Vocabulary about Business...Watch this video....Easy to learn...And read properly....

Dragon's Den....Nove Flo pitch

IF you want to learn more about businesses and to listen to business comments from professional businessman......The best way to learn is watching Dragon's Den Videos....There...u can know about new business ideas...And they want to develop it...by Dragon's help...But the important thing is...that idea must be clear,good,and creative enough to make profit....So...enjoy it!
One of Dragon's Den video:

Long-term cures must wait

Now,as all know,the biggest emergence difficulty that all businesses are faced is "credit crunch".But the author of timesonline compared this problem such as one kind of the most dangerous illness:cancer.It talks about how can we reduce and..."cure" this credit cancer.
The main reasons why it happened because of borrowing money,reckless and dishonest banking practices and the global imbalance between exuberant consumption and house-price speculation in America, Britain, Spain, Scandinavia and Eastern Europe, on one hand, and excessive saving and austerity, on the other, in China, Germany and Japan.

The most thing I like is in that text is the comparison of this credit crisis with the heart attack.Rather than a heart attack, the global banking collapse could perhaps be described as a bullet in the head, since its proximate cause was a conscious decision by the US Treasury to jeopardise the stability of the world economy in pursuit of an essentially political objective - to show that the Bush Administration was willing to act ruthlessly against at least one big Wall Street investment bank.

So if there's problems,we also need to know about how to solve it???How to "cure" it???They give the most famous popular of this corruption is Lehman Brothers.It said he cure for the post-Lehman collapse is totally different from the prescription for the credit and property boom. Instead of restraining lending, punishing banks and encouraging saving, policymakers have to do the opposite.So what they need to do is They must support - and if necessary - subsidise banks, to create conditions for easier lending and borrowing terms and to do their utmost to encourage consumption.

Or there's the way more to cure,decrease and escape from that credit cancer is o slash interest rates and taxes, especially taxes on consumption and on lower income households, who are most likely to spend rather than save any extra money that they are allowed by governments to keep. They must also be willing to let their exchange rates float without worrying about inflation.
So if we will do that policies,the author gave us the strengths and the final advantage of that such as If governments around the world are willing to pull out all the expansionary stops - and especially if they do this with some degree of co-ordination - then the risk of a prolonged global slump will be much smaller than generally believed. So the final thing that we get after right policies is with interest rates near zero and big tax cuts made across the world, a robust recovery would probably begin by the middle of next year, starting in America and China, spreading to Britain and eventually reaching continental Europe in 2010.

And the final phrase that is really usefula and which is written by the author was:"There is no point in offering chemotherapy to a patient whose heart has stopped. "Which means we must help to businesses before thay collpased or closed....If not,our help will be useless and goes by the wrong way!

GOOD NIGHT EVERYONE!

Look at this picture!

This is the comparison between Children that have full of things and ....people that....have no choices....and that's why...we must do charity activities!!!!!

Kirill's businees idea!!!^^

And this is the post about kirill's business idea:

"My new business idea is about tips in the local
pubs and restaurants.
Yesterday I was in the “Dong Dong” and after
dinner a waiter bring me the bill with 1.5 pounds
tips including. It really disappointed me, because
service was bad, food was awful. And I thought about
the improving of the income from tips.
I would like to explain some of the reasons. The first
reason is to motivate employers to work harder and to
be polite. The second reason connects with the first
one. It is a new good staff who wants joy your business.
It should be a psychological pricing strategy. It is to
minimalise the value of the tips. (Minimum 1 pound)
And make some notes in the bottom of the menu,
like “We like to now, what the money you are minimum
forget on the as table 1 pound, thanks for coming, we
are wait you again tomorrow”
The reason why tips should be 1 pound, because the
change what they have not more than 1 pound and if
costumer want give more tips it is probably and they
stopped care about that, few extra pounds. It is
better if we charge average cost of tips.
The local pub or restaurant have average no more
than 30 pound per day, but after that decision income
from tips increasing incredible depend from how many
customers coming per day.
I can see just one weaknesses connect with the local
pubs where the customers now the barmen, but actually
the can spend one money for a good barmen friend. You
can say what if you have a restaurant the tips more
than one pound, but entrepreneur can variable the
minimum tips, without depending from bill. And one
more things you can say what some people are coming
just to have cup of tea, but it just 11% of all
customers. Not so much, and the business can decide
about minimum price to include the small clients.
I no it’s not so clear but I need more time to develope
this idea."

So what do we get from that!Because of the service in Ding Dong restaurant was not good,and food was awful....so Kirill decided and created a new business idea....give the tips by customer's own.It means in restaurant and pubs,In a check,they don't need to include tips there,and it's like forcing customers to buy it,so he thinks that a new idea is to let customers pay by their own...!I think it's not a good business idea.As we all know,waiters are getting profit a lot from tips.So....Are that restaurants sure that all their customers are nice and give a high or even minimum tip by them selves???
The main thing is,in restaurants,it's quite good educated people enjoying it...so maybe they will be nicely given to waiters by anyway!But the thing is in the pubs...they drink and they get drunk....How can they still control their brain...to give tips for waiters....So that...no profit for waiters.Or even if waiters wanna get tips,they must try and be very nice to all customers....and that's very hard..because not all customers are nice.....and peaceful...Kekekeke....
So that,I think....Just put tips in the check,and people will know that..Or even If it was awful....That's not a really big problem If you give a little tips from your meal...^^

Thanks to my Russian and Kazax friends......!

I have just opened my blog!!!And I saw my new post....And someone played jokes on me,he/or she wrote that I'm stupid......Yep....I wasn't angry....And I wasn't dissapointed....First of all,cause I don think that I'm smart or genious....And sometimes....I think that I stayed behind my classmates,and sometimes it makes me really worry about that...And of course it makes me sad too....But anyway...thanks to that guy that wrote on my blog that I'm stupid...Cause of that....I received really nice comments from BiBi and MAry....It makes me so happy....And they helped to recognise one important thing....not to give up!Sometimes I thought that I was stupid...But they don't think so...and they said that nobody could born as they want....we must try our best to get things that we want....Thanks to Mary and Bibi a lot....It's will be my experiences and really useful advices for my life......And thanks to that....piece of S...IT...Kekekeke....that wrote foolish things on my blog...cause he helped me to receive that comments from my friends........
And the second reason that why I wasn't angry...cause...sometimes....I do it too.....But then I sign on it...So that my friends can know that It was me...But this guy....he or she didn't...But I know it's my friend.....Kekekeke....Anyway.....Thank you my friends....Mary and Bibi...and others too!!!!

Me

I'm stupid

Crucifix MP3 Player

IF want a special and modern mp3 player,specially if your are Christian...look at this new product which is called "cross MP3 Player.It looks really surprising and the design is very cool.It has ashape of a cross with many specifications and features.

MP3 Player in the shape of a cross with 1GB of internal flash memory and a 2 color LCD Display for easy GUI navigation. A perfect MP3 for making a fashion statement, this PMP will get noticed whenever and wherever you take it. It also features a good quality built in speaker, multi language menu, FM Radio, built in MIC, and seven EQ Modes. Be original with your MP3 Player, and enjoy some great features at the same time with this no MOQ item direct from Chinavasion Wholesale

So what else can we see in this amazing product???There are the details of the product that I know u really want!

# Memory: 1GB
# Display: Two color LCD display
# Music Format: MP3, WMA

# Bit rate: 8-320Kbps Built in MIC

# Record Format: WAV FM radio: 87.0~108.0MHz
# Earphone Jack: 3.5mm
# SNR (Signal to Noise Ratio): <45dB
# Output of earphones: 2x5mW(32Ohms)
# Output of Speaker: 10mW(32Ohms)
# Languages: English, Chinese, French, Italian, Portuguese, Spanish, Polish
# Japanese, Korean, Russian, Thai, Turkish, German, Swedish, Dutch, Czech, Denmark USB: 2.0
# System: 98 SE/ ME/ 2000/ XP, Mac OS 10X, Linux 2.4.2
# Power Source: Built-in Rechargeable polymer lithium battery
# Dimension: 70x45x12mm (LxWxD)
# Manufacturer Ref.: U9U35PCVZTDQ

And there are some features with many accessories too:
=Other Features:
* 7 EQ Modes
* ID3 Tags
* Telephone Book


=Accessories:
* User Manual
* Earphones
* USB
* Power Adapter
* Hand Strap
* Mini CD with Driver and Conversion Software

* Manufacturer and Origin: China
* Login for Wholesale discount price

Strengths
* New product,new design
* Small and usefull for everywhere.
* Lower prices available for you if you're ordering in larger wholesale quantities

Weaknesses
* Many competitors.
* Single price is high.
* MAybe the quantity is not good....(China)...

Balance sheet

HSBC Bank–Warwick Business School Loan Scheme

I have just found out some stuffs about the HSBC bank.And here's HSBC's Scheme.It called HSBC Bank–Warwick Business School Loan Scheme.What is it...???

HSBC Bank, in partnership with Warwick Business School, offers a loan scheme which is available to students undertaking finance courses in the WBS Specialist Masters Programme. Loans are provided by HSBC Bank.This scheme provides funding to cover tuition fees and living expenses up to the greater of £10,000, or two-thirds of the salary earned by the applicant in the twelve months before commencing the programme.

The decision to approve or decline your loan application, and the amount of any loan agreed, is entirely at the discretion of HSBC Bank. In common with all loan providers, HSBC Bank will take account of a range of factors including your ability to service the loan requested, your current and previous earnings, and the management of your financial affairs to date

When you apply to one of the top business school programmes in the world, a key decision you will need to make is how you will finance your studies.

• Loans can cover all tuition fees plus living costs
• Competitive interest rate
• No security or guarantee requirements
• Repayments in instalments starting six months after graduation

The website of HSBC bank is: www.hsbc.co.uk

Indirect taxation

Darren Brown...crazy psychologist!

WATCH THIS MYSTERIOUS VIDEOS!!!
"Paying with paper"...With this psychic trick...Darren Brown,a crazy psychologist, will be rich one day!!!He tricked one shop seller....by paying with white papers...!!!Awesome....!



At this video clip....He forced one man to change his mind from deciding to buy a little coat....to a red BMX.....!!!How can he do that.....Psychic magic!...Listen carefully and clearly his words....!!!Watch this video!.....



Here...Darren Brown just asked the wallet...and people just gave to him without any payments....Fantastic trick!!!....Kekekekeke....

Look guys!!!Ji Soo Cho(David) is in the video clip!!!Kooool.....

Looook.....in this music video clip...We can see young David....who's sitting and listening to JAy Chou(singer)...with a black T-shirt...and whose believes in BATMAN!!!!!Kekekekekekekeke......

Advertisement of Cadbury chocolate.....with an actor is a gorilla.!!!

This summary is not available. Please click here to view the post.

90 second Dual Pizza Oven

Pizza is a fast food and healthy.Workers,business people,engineers....all people that have work are very busy!And the first choice to full them up or to get on time to work in the morning is.....cook a pizza.!So Pizza is very usefull and popular food.But there are still problems with cooking it...Workers are in a hurry but they need 5 minutes to cook it.So this new product is the way to solve it out:90 second Dual Pizza Oven!One of the mantras of successful small business initiatives is to "do it faster" than your competitors.And this business idea got it!
This is the double deck pizza oven that cooks two 12" fresh pizzas in 90 seconds (or frozen pizzas in three minutes), allowing you to cook pizzeria-worthy pies 15 times faster than a traditional oven. The powerful device heats to 797 F (150 F higher than most professional pizza ovens), resulting in pizzas with crisp yet tender crusts. Both oven decks have roof-mounted 1,440-watt coil heating elements that ensure perfectly caramelized cheese and toppings, while the ceramic pizza stones distribute heat evenly across the dough and absorb excess moisture, resulting in faster cooking times and a crispier crust than pizza cooked on a sheet tray. The unit's compact size allows for use on a countertop or bar, and the stainless steel oven racks sl ide out, allowing you to easily insert and remove pizzas. The temperature of each oven adjusts independently from 200 F to 797F, the tempered glass windows allow you to monitor cooking progress, and the unit has dual 30-minute timers. Stainless steel housing wipes clean.

The strengths:
1)Faster than general oven.
2)It can olso frozen the pizza to keep it with high quality
3)New idea
4)It's sold out.....which means...many people like it.

The weaknesses:
1)The temperature is high....the pizza can be empyreumatic
2)It's big so need area.
3)A little bit expensive:$249.95
4)It just can cook pizzas

But its still a good idea....great idea...Which is useful for everybody!

Producer Subsidies

My new website....it will be the best!....Kekekekeke....

Mr.Chris...I just found out that I'm so interested in creating website that u told us as homework.......I was doing this 5 hours....To make my website be good!!!Thank you for this homework...I'm really excited in it.....And I have just finished it....I'll develop this website...at least..for me...
This is my new website:www.bestshortvideos.synthasite.com
Check it....I haven't done it properly....But I will....

Recycling Vending Machine(^_^)

Again....Business about vending machines.....!So as we know...All vinding machines becoming more high technological,more modern.So this is the new idea about vending machine....which I think is really really useful:"Reverse Recycling Vending Machine".Reverse vending machines, are automated machines that utilise advanced technology to identify, sort, collect and process used beverage containers. Used in Europe for over three decades, In most cases RVM’s are used in markets that have deposits on beverage containers, offering a highly efficient method of identifying the deposit amount of each container returned and providing a refund to the customer.Users bring empty beverage containers to this "reverse vending' unit and the machine sorts the materials into recyclable groups and crushes it.Income is made by being the local supplier of such machines to governments,schools and large organizations and emptying them.......Specially it's useful in schools.School is the place where educated people.But there are still many students that are not polite and...unconscious.So that...this new product....is the great idea.

The strengths:
1)Don't need workers.
2)Automatical
3)Usefull in many public places
4)High technological

The weaknesses:
1)Vandalism
2)Need location and area.
The website is:www.reversevending.co.uk

Finally...Rinat had done his Video!!!Thanks to me....Kekekekeke....(Joking)

This is Rinat's video about "Spit",which has a good explanation in it at the end of the video.......Kekekeke.....

LOOK LOOK LOOK GUYS!!!!

Look what I found.....Accidentally......I have just found one amazing popping dancer...he's awesome like SALAH too...(But SALAH is the best)......And the important thing......He looks like AN ENGLISH TEACHER MR.CHRIS so so so so much......Maybe our English teacher was a popping dancer.....Who knows........Kekekekekeke.......(Leave comments if u agree....I'm sure u will agree....So anyway u must leave comments here......Kekekeke....)

Website had been created!!!!Woahoooooo......

Finally I finished my website....The WIFI in EF is so so so so so so ,etc.....slow.I must recreate it many times....
......Done:My website:
salahpoppingstar.synthasite.com

Intro to market failure

Ice cream Vending MAchine

Vending Machine ,Vending machine and Vending MAchine..........More and more organisations and companies use this way to show their business and products.So that,this kind of advertising and selling becoming more and more popular.So that,Vending machines are more modern and high technological now.The new business that use vending machine is Ice cream vending machine.This company called MooBella,and it sells new kind and delicious ice-cream.The makers of MooBella are as unique as the ice cream itself. There's a team of ice cream experts and world-class engineers committed to innovating ice cream and changing it forever. Each team member has a passion for ice cream. MooBella is the creation of people using new technologies to create a high quality ice cream experience in places where it simply would not have been possible before.And the special thing is we can mix our favorite flavors together to get our best ice cream.The MooBella team has created a multi-patented, fully automated ice cream process that will change ice cream forever.As usual,Vending machines always a good way to open up and develop our business.

The strengths:

• Don't need sellers
  
• Safe time
• Sells more product
• High techonologic
• Can mix ice cream

The weaknesses:

• Vandalism
• Need professional Ice cream experts
• Location
  

Productivity

Production and costs

Multiplier

Capital Investment

Multiplier

Wifi in EF is so slow...I can't even upload the Vocabulary video in youtube........

Minimum price

Maximum prices

In-Store Surfing Simulator

A new sport business idea again.Most of people like sport,so many organisations develop business ideas and their business way on sports.So we all knows that most of all sports are outdorrs,so the main problem for them is.......the weather.So why don't we create an indoor sport that are simulated.And this is the new idea we are talking about!Originally available on cruise ships and in water theme parks,the FlowRider uses pressurized water to create an indoor surfing simulation experience with wakeboards.

Strengths:
1)A good business idea.
2)Develop in sports

Weaknesses:
1)Expensive.
2)Need to spend a lot in water.
3)Need an area.

Drinking-Mixing Vending Machines

A new business idea with vending machines appeared again.It sells 1 kind of drink.But the special in this business not only in new kind of drink which is called Mix drink,it needs a special vending machine.This vending machine not as same as general vending machines.IT's more high technology.And this system is called The PouchLinkTM system.The PouchPackTM system, patented by Waterwerkz, enables water-based drinks to be freshly produced in-situ within a vending machine, filled in resealable pouches and served chilled, on demand. The machine filters mains water and makes flavoured drinks using widely available bag-in-box syrups.PostPackTM vending machines are capable of holding up to 2000 pouches, with capacities ranging from 200ml to 500ml, eliminating the need for operators to store, transport and stock machines with bulky cans and bottles. The high storage capacity of PostPackTM machines dramatically reduces the number of required restocking visits, increasing operator margins.

The strengths:
1)Don't need labours
2)Safe time
3)Advertising their brand
4)New sort of drinks

The weaknesses:
1)Vandalism
2)Need good location

As usual,all vending machines is a good way of business.So I think,this is a good idea....Why not?

Acting troupe for home Perfomance Hire

A new great business idea for actors to gain more salary.Teatr Rozmaitosci in Warshaw,Poland,offer clients an in-home theatrical perfomance from a group of professional actors.In November 2005, Polish Teatr Rozmaitosci, located in Warsaw, started performing their play 'Mleko' (milk) in customers' living rooms or kitchens, during lunch time or in the evenings.These actors can play and act everytime.If you're bored,or u want more fun and happyness in your meal time,why not?You can offer and then just wait,and u'll can enjoy your play in your own house!he price for having a living room play performed is PLN 500 (EUR 150/USD 182/GBP 103)

The strengths:
1)New business idea
2)Few competitors

The weaknesses:
1)Need professional actors
2)The price is high I think
3)Need transport to move