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US tariffs would favor global competitors: Apple urged admin

The most awaited and expected moment after Huawei placed in the explicit list of companies that need to revise terms of trade. It was expected that sooner or later the impact of tech war in view of enhanced tariffs would have an impact on Apple so is here.

Apple has urged the US administration that proposed tariffs on Chinese imports would be counterproductive, saying they would hurt the iPhone maker’s competitiveness and “tilt the playing field” to non-American rivals.

No other rivals have such tariffs enhanced and that will place Apple in a hot bowl to compete with rivals. Neither of any rival has shared in US market which has a tariff impact on them. It will force back Apple to reduce the investment and think out of the box to shun these tariffs. Apple has plans to invest $350 billion in over 5 years. It’s on record that Apple is the highest corporate taxpayer of the US.

Additionally, the company said the plan would “weigh on Apple’s global competitiveness” and effectively boost its Chinese rivals. “The Chinese producers we compete within global markets do not have a significant presence in the US market, and so would not be impacted by US tariffs,” the letter said.

Even Taiwan offered Apple to shift its unit to Taiwan to shun tariffs which are under consideration as a situation was expected after Huawei got in scrutiny list.

“Neither would our other major non-US competitors.A US tariff would, therefore, tilt the playing field in favor of our global competitors.” The US already has 25 percent duties on more than $250 billion of imports from China. Global markets are concerned about Trump’s threat to impose more steep tariffs on China, on an additional $300 billion in goods.

Apple, which according to some reports is considering moving some production of iPhones and other goods from China to India or other countries, said the proposed tariff list “covers all of Apple’s major products,” including iPhone, iPad, Mac, AirPods and AppleTV.

UK’s Best Car dealer 2019

What customer expect a good car at a budget price? Based on performance, popularity, services and client satisfaction. So whether you need a rental car for a vacation or while your vehicle is being repaired at the shop, there is a car rental company that has precisely what you need. Most of our customers expecting a quality ride at a low price and that makes our customer bring us back again. Our services will bring you back to us every month we believe in our service

We offer you a wide variety of new and great condition of used cars to make your journey a memorable

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China steering close to US in World’s listing of Top tech giants in 2018

The world’s 20 largest tech companies now exclusively

IT industry is overall progressed drastically in regards of innovation and technology in last five years. More than 1.5 millions entrepreneurs globally have registered themselves and have shown keen interest in adding value in the industry. However it has been observed that Silicon valley has declining trend of inviting overseas in IT firms in last few months explicitly from Asia the low economic region, reason of such trend is cost cut.

On the other hand Large companies can be located all over the globe.

For example, massive auto companies can be found practically anywhere on a map. Ford (USA), Toyota (Japan), Volkswagen (Germany), Hyundai (South Korea), Volvo (Sweden), Tata Motors (India), and Magna (Canada) are just some of the biggest companies involved in the production of vehicles or parts.

While the banking, pharma, energy, and retail industries also have geographic spread as well, the same cannot be said for the rapidly-growing tech industry.

Image: Visual Capitalist

The clash of tech titans

The most recent edition of Mary Meeker’s famous Internet Trends 2018 report highlighted the top internet companies in the world by valuation, with an interesting and perhaps unintended outcome.

Of the 20 largest tech giants globally, a total of zero are located outside of the United States and China.

Here are the latest rankings of internet companies, using updated market caps for all public companies:

*In Meeker’s chart, she kept eBay-Paypal together as one entity. We’ve separated them based on the 2015 spinoff.

**Xiaomi’s valuation has been in question ahead of its July 9 IPO in Hong Kong, and we’ve used the most recent valuation estimate of $54 billion here.

In total, the above list of companies is worth $5.9 trillion, with a 75%-25% split in terms of USA/China.

It’s also worth noting that the list excludes Samsung, likely because the South Korean company is quite diversified in its manufacturing activities (TVs, refrigerators, air conditioners, batteries, microwave ovens, etc.).

A steep dropoff

Aside from the USA-China duality, the other major noticeable aspect of the list of the world’s largest tech giants is that it clearly shows a divide between top-tier companies and those further down the ladder. In fact, there is not a single company with a valuation between $200 billion and $450 billion.

The top seven companies on the list account for 81% of the total value of the list, and they are all above the $450B mark. These include behemoths like Apple, Alphabet, Amazon and Microsoft, but also two big Chinese companies as well (Tencent, Alibaba).

Meanwhile, the bottom 14 companies muster up just 19% of the value – a fact that underlines how hard it is to vault a tech company into the upper echelon of the market.

Entrepreneur developing new portal that will reverse the traditional recruitment process

In a time where most of the corporate practices are either becoming digitized or are declared obsolete by industry standards, the person-person interaction-based form of interviewing an individual is just the norm that set to disappear.

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Virtual Mechanism based simulations are online tests, and they’re particularly effective in the field of hiring programmers, and all in all, is a robust recruitment strategy. The process of evaluation can be especially convenient as it can consist of technical and meaningful questions that are domain-specific, and additionally, in a cloud-based environment, the candidates’ ability to perform under time constraints and business-like environments is a huge bonus when it comes to selecting the right candidate.

On the other hand an approach that job seeker is practicing over the decades is still same which needs to be transformed. One of the entrepreneurs from Asia has his head down to reverse the approach and makes the job seeker life easy. Instead every time the job seeker get notified and has to apply for the job, he is developing a process which allows job seeker to insert data and upload resume once in his dashboard and leaves the rest to the better assortment in other interface.

‘This process will not only help job seekers in making their life convenient but also refine assortment and makes recruitment waste free. With such approach companies could have same filter but with much better assortment which will ultimately transform online recruitment. It will vanish the traditional trend of applying for a new job every time however ask job seeker for ONCE ONLY. 

This new recruitment approach will reverse the traditional process , refine data, redesign assortment, reduce waste , add on feature ‘Only Once’ and better filters for employers.

 

Sit back relax employees something incredible is on its way.