Long ago, there lived in a village two brothers — Motu and Patlu. Motu was the fat guy and Patlu was very lean and thin. One day both of them decided that they will start independent business in their village to sell mustard oil. Motu was smart guy and wanted to capture entire village. In order to do so, he started giving discounts on mustard oil. Patlu kept price at same level and focussed on the quality. Soon 90% of the market was captured by Motu and rest 10% was Patlu’s share.Soon Motu realised that he was incurring losses, rather massive losses. Though revenue was going high, but losses were also mounting with equivalent speed. He took some loan ( investor’s money) and diversified his business into ground oil. At that time there were few players in the market, who were already selling ground oil. Motu applied his tactics, as he was quite confident of his discounted business model. He started giving discount on ground oil as well. The investors were happy, that he kept on capturing market. Some more investors joined hands with him and put more money and Motu kept on giving discounts. He captured 80% of ground oil market and incurring more losses. Patlu, who had lost the first battle of mustard oil and few guys from ground oil had joined hands by that time. They had been searching for right time to screw Motu for unethical business practices. However, they could not do anything as Motu was “The Big Motu” by that time and out of reach from guys like Patlu. Motu had been arrogant to the producers, but he kept consumers happy. Producers had no choice, as Motu’s shop was selling more than any other shop out there. While life was moving forward, ‘The Big Motu’ felt there was big need to introduce TV to village, as villagers were deprived of TV. That was indeed a great idea and few investors put large chunk of money to it. Motu came up with a subscription model, so that whoever saw TV, had to pay some amount of money to Motu. People were happy, but the Motu’s staff at ground oil and mustard oil business were terribly unhappy, as the focus on those business were not there. The staff were working too much. The initial high salary was marginalised over period of time. So Motu kept on making customers happy, but at the cost of his own staff and producers of the product. He always believed that if one producer left his shop, dozen more would come and join. He was right, as everyone was dying to have Motu’s name associated with them.Every dog has a day. One day when Motu woke up from bed, he saw Patlu and few police men at his bed. Few of the unhappy producers were also besides him along with few local politician. Police had filed a case of unfair business practice and the charges were verified by few producers, staff even some customers who Motu felt were loyal customers. Motu tried to cease the case by paying some money, but probably he didn’t have enough money to pay the demand of politicians. The very next moment, investors started asking for money, staff revolted and things went very bad. The Big Motu was bankrupt.This story is satire metaphor of how Amazon runs business worldwide and why Amazon would fail in India with unethical business practices. India as a country is very different from the rest of the world. The consumers behave very differently here. Let me highlight few attributes of Indian.Attribute :1 People from Asian origin and specifically Indians value for money. Brand loyalty always loses the battle when pitted against the monetary gains. The discounted model does not create loyal customers in India. Attribute :2 Indians are very receptacle, adoptable to change and very fast in spreading the message. Thanks to mushrooming social media groups. So anytime Amazon tries to reduce the price of discounted items, it would take very little time, people switching to competitor. When Amazon entered India, there were few multi-million dollar e-commerce giants. Now there are many, with a hope that they would be taken over by Amazon some day. If at all Amazon buys few of them, the intrinsic value of the deal would be far below the sell off valuation.Attribute :3 Political and ideological idiosyncrasies. In Indian it is always believed that if two persons don’t match in their political views, probably they won’t be good team player. The silent reader who has been reading until now, will definitely have eyebrows up by now. Politics play an important role in governing a lot of things in India. Unlike west and Europe, where business houses are aligned to multiple parties so that nothing goes wrong when opposition is in power, in India, business houses cannot function the same way. Common people in India barely change political ideologies. As a result, it has been witnessed again and again that big companies ruin once there is a change in power at centre or state. People don’t hesitate to do political vendetta crossing any limits. It won’t be surprising Amazon falls prey to this practices.Attribute 4: Unlike other parts of the world, ego plays a vital role in shaping the personality of Indians. There are ample instances where dear ones are dejected just to satisfy ego, with hefty financial sacrifices. Enough of attributes. Let us put some search light through corridors of Amazon’s functioning in India. Unhappy sellers : Amazon makes majority of sellers unhappy in India. I have talked personally to more than 30–40 big sellers. All have same opinion. They have very indifferent attitude towards sellers. Despite having high profile machinery and huge man force and automated services, many times they fail massively in making their sellers unhappy. Hefty FBA charges : In small items such as books, fulfilment by amazon (FBA) charges are quite high. As a result, many of the regional languages book never ever see the face of Amazon. There is a possibility of some cynical political person sees some opportunity here and files a chargesheet on Amazon of killing regional language by not allowing space in e-commerce. Either Amazon would be forced to reduce the charges or find some alternatives. I don’t find any reason why a book lover won’t be interested to wait for 1 more day to get the books through normal shipping in India. Same day delivery practices in India, where there are a lots of logistics and infrastructure issues cannot be ruled out, would definitely force companies like Amazon to default in multiple instances. All the defaults can be clubbed together to make the case study big enough to file against Amazon. Flawed review practices : Amazon review processes are terribly skewed in favour of Amazon’s sponsored product. It is just a matter of time, when some agencies do some clinical litmus test on Amazon’s practice and expose them completely.Sponsored products : Amazon’s sponsored product has lot of loopholes and tries to fool even sellers. e.g. The adds will be shown to the person who paid for the add and amount will be deducted based on CPC model. Thanks to google’s chrome and Amazon. Both must be sharing the data or a special way of data stealing might be happing from systems.Unnecessary Add budgets : In order to capture Indian market, Amazon has been spending huge money on adds. Many of the TV channels fake viewership no and ask more money than they deserve. Since Amazon has lots of money from people, it does not hesitate to spend as many as they can.Too many things at same time: In stead of making some product robust and full proof, Amazon keeps investing in new products. They are in a mission to capture world just like the great Alexander. But the great man also failed in India, while underestimating the variance of IndianControl over rating systems: If you analyse Amazon take overs, they have almost taken over all big rating agencies starting from Alexa, IMDB, goodreads and many more and try to influence the product. I don’t know whether there are unfair practices over here, but seeing Amazon’s hostile takeover and unfair practices, the probability can not be ruled out.Arrogant behaviour: Two years back, when I was talking to Amazon customer service executive, they were very polite, but these days things have completely reversed. The potential reason could be the employees started believing they are too big to fail. I remember the day when I joined a company called EDS(electronic data system). That time it was fortune 80 company and there was absolutely no work. I left after few months of joining. I gave reason for exit as lack of work. My manager burst into laugh. Manager : You are getting four course meal from five star hotel. Travel is taken care by company and you work in fortune 80 company with good salary. What else you require in life.Me: I feel the company won’t survive more than 15 years with this model as the basics are not clear.Manager: You have gone crazy, as no fortune 100 companies ever died in 15 years. Rest all was history. EDS did some bad take overs, they were not having lots of savings and were not prepared for crisis and finally it was sold to HP. Eventually EDS helped HP, which was a fortune 30 company to incur losses and later divided into multiple parts.Possible cases how Amazon can fail in India.Amazon keeps on buying e-commerce companies, every passing day a new company is born supported by black money. Amazon is tired of fake acquisitions after lots of spending.Amazon has entered into food segment. Once small quality mistake can create a big havoc of generating nationalistic campaign to run against Amazon. All those people who wants to get benefitted, might join hands. One such instances, will create more opportunity and eventual exit due to heavy investors pressure.Amazon is killing the local intellectual market by stopping regional books online, as the cost incurred in distributing through Amazon is quite high. Indians value a lot for education and feel proud while preserving the culture. Indians would not eat, but would definitely love to see their children see big schools. Probably only country in the world who behaves this way. That is the reason education is over $100B business in India. If some campaign is run as anti-India against Amazon, it will take very short time to close Amazon out of India.Right to information and Right to privacy have lots of tentacles, which can be used or misused against unethical practices of Amazon.While entering food segment and entertainment segments, Amazon would be pumping in lots of money as it will be competing with companies like Reliance, UTV, Eros etc. The journey won’t be as easy as competing with Flipkart. Probability will be higher in favour of failure.If there is coalition government at centre, God help the big A. The amount of money that might be pumped into, will force the same year exit from India.There are no substantial examples that any business house running for losses or lack of profit has been able to sustain in long run. Amazon has been without profit for almost since inception, but it was majorly operational in country like US, the country which gave world many economic bubble like dot.com, sub prime crisis etc, where a economy can sustain even debt to GDP ratio is close to 100%. But in changing economic scenario, that model does not hold good. The functioning of Amazon is nothing less than e-commerce version of sub-prime crises, where the company believes that after they capture the complete market they will raise the price. But that instances will never happen in India. The day it is tried, there will either be multiple new companies floated, or public outrage or government interference. All in all these possible cases Amazon would fail in India.
Investing Lessons from the ongoing season of IPL
This world consists of many Fraudsters. This is a good story on them.
Reserve bank of india has recognized ed that limited access to affordable financial services such as savings, loan, remittance and insurance services by the vast majority of the population i the rural areas and unorganised sector is acting as a constraint to the growth impetus in these sectors. Access to affordable financial services, especially credit and insurance enlarges Livelihood opportunities and empowers the poor to take charge of their lives. Such empowerment aids social and political stability. Apart from these benefits, FINS impart formal identity, provides access to the payments system and to saving safety net like deposit insurance. Hence, FINS are considered to be critical for achieving inclusive growth.Which itself is required for ensuring overall sustainable overall growth of country.FINS can be thought of two ways. One is exclusion from the payment system i. e. not having access of bank account. The second type of exclusion is from formal credit markets requiring the excluded to approach informal and exploitative markets. After nationalisation of major banks in India in 1969,there was a significant expansion of branch network to unbanked areas and stepping up of lending to agriculture, small industry and business. More recently, the focus is on establishing the basic right of every person to have access to affordable basic banking services.
EdbMails Office 365 migration, you can achieve significant cost and time savings as it allows you to directly migrate all your data securely from Exchange server to Office 365. EdbMails Office 365 migration works by accessing the data in the source Live Exchange server and then migrating all these data to your Office 365 user account by making use of impersonation rights granted to a user in both the source server and target Office 365 account.Office 365 Migration Tool – Features:Migrates all your on-premise exchange mailboxes to Office 365 with ease. No matter which exchange server version user is on. Performs incremental migration of your Office 365 mailboxes or public folders.Support for Public folder migrationsMigrates between different Office 365 tenantsSupport for batch Office 365 migration or as individual mailboxesDifferences in language is never a problem with EdbMails. If the data which you migrate is in a different language, then also the software will migrate each of them, including all special characters.EdbMails supports office 365 migration from Exchange Server 2003, 2007, 2010, 2013 and 2016.EdbMails ensures that there is no duplication of mails in target mailboxes as it can look for and migrate only those items that haven’t been migrated yet.Migrates emails, calendars, tasks, schedules, journals or contacts everything that is present in your source server will be present in the target server in the same hierarchy.EdbMails guarantees zero downtime. Users can maintain their workflow as the application puts no limitation to access of the server or respective mailboxes by users.For more information visit: https://www.edbmails.com/pages/office-365-migration-features.html
People who want to elaborate their enterprise without loosing money for additional servers. Office 365 is the solution for them. Usage of this makes particular business advanced and more faster than other competitors. Office 365 is very simple to use and gives access to documents, emails and contacts. And allows you to respond fast to your customers.Advantages of Office 365 Usage:Security EnhancementMicrosoft made this solution for the enhancement of business security requirements and it also satisfy the customer needs.By using office 365, customers can avoid issues like managing content expiration, document sharing and editing and also it is accomplished with Information Rights Management Technology.To provide federal agencies with the maximum amount of data isolation, Microsoft Office 365 works with ITAR Support.Cost ReductionIn these days cost too high for technological infrastructure, maintained on premises. In present time, enterprises are interested in renting the services at less prices, instead of purchasing and maintaining software and hardware. According to the business experts migration allows the business to increase their savings.Microsoft Office 365 Benefits It ought to be noticed that Microsoft Office 365 relocation naturally furnishes the clients with exceptional highlights and propelled variants of coordinated effort devices. It additionally expels the burden of managing hardware and software. It clears a path for IT assets to be utilized in other fundamental zones of business. Additionally, Microsoft Office 365 can be gotten to through every earlier form of MS working frameworks, and through different gadgets like PCs, cell phones, and tablet.ConclusionMany advantages are there in Office 365 Migration which increases the business gains. If you are looking for office 365 migration then you must checkout EdbMails Office 365 Migration tool. Office 365 Migration has greatly increased over the years but Migration to Office 365 from an on-premise exchange server has never been easier than now thanks to the powerful all-in-one migration utility from EdbMails. Each Mailbox can be migrated selectively or as a whole from the exchange environment to Office 365 using EdbMails.
We all know how important is it to have a Life Insurance Policy but at the same time, we all wish that may we never fall into such situations. Life is a roller coaster and has its own ups and downs. In some cases, you might find the need to Cancel Life Insurance Policy. Be it change in Income, Reaching Personal Savings Target or other financial conditions. In this post, we will discuss What is the Right Way to Cancel Life Insurance Policy if the need arises without letting go all your savings. 😇 Let us get into details.Read more at How to Cancel Life Insurance Policy?
People who want to elaborate their enterprise without loosing money for additional servers. Office 365 is the solution for them. Usage of this makes particular business advanced and more faster than other competitors. Office 365 is very simple to use and gives access to documents, emails and contacts. And allows you to respond fast to your customers.Security EnhancementMicrosoft made this solution for the enhancement of business security requirements and it also satisfy the customer needs.By using office 365, customers can avoid issues like managing content expiration, document sharing and editing and also it is accomplished with Information Rights Management Technology.To provide federal agencies with the maximum amount of data isolation, Microsoft Office 365 works with ITAR Support.Cost ReductionIn these days cost too high for technological infrastructure, maintained on premises. In present time, enterprises are interested in renting the services at less prices, instead of purchasing and maintaining software and hardware. According to the business experts migration allows the business to increase their savings.Microsoft Office 365 Benefits It ought to be noticed that Microsoft Office 365 relocation naturally furnishes the clients with exceptional highlights and propelled variants of coordinated effort devices. It additionally expels the burden of managing hardware and software. It clears a path for IT assets to be utilized in other fundamental zones of business. Additionally, Microsoft Office 365 can be gotten to through every earlier form of MS working frameworks, and through different gadgets like PCs, cell phones, and tablet.ConclusionMany advantages are there in Office 365 Migration which increases the business gains. If you are looking for office 365 migration then you must checkout EdbMails Office 365 Migration tool. Office 365 Migration has greatly increased over the years but Migration to Office 365 from an on-premise exchange server has never been easier than now thanks to the powerful all-in-one migration utility from EdbMails. Each Mailbox can be migrated selectively or as a whole from the exchange environment to Office 365 using EdbMails.For more information visit: Exchange Migration | Office 365 Migrate Mailbox | Office 365 Migration
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Most people only have limited disposable income. Thanks to bills and payments for necessities like rent and groceries, it is wise to be careful with the money left over.It always pays to have savings to spend on rainy days, but sometimes, it is a necessity to invest in certain things, like your wardrobe.Although manners maketh a man, having a well-put-together appearance is often used as an indication of success or aspirations for it. While most men can only dream of thousand-dollar suits and endless pairs of shoes, there are plenty of ways you can fill this deficit by shopping smartly. Read more at 5 Things under $100 That Every Man Should Have in His Wardrobe
You've considered hard; you've polished your designs; you've utilized your glimmer cards again and again; lastly, the enormous day is here. Your first confirmation test!For some Cisco accreditation up-and-comers, their first test is the CCNA Composite test or one of the two tests that make up the CCNA, the Prologue To Systems administration test or the ICND (Interconnecting Cisco Systems administration Gadgets) test.Strolling into a testing community just because can be a nerve-wracking background. You have enough at the forefront of your thoughts simply keeping all that new data straight without stressing over what the testing background will resemble.You're not there to take the test. You're there to breeze through the test. In view of this forceful demeanor, we should investigate what you ought to expect (and not expect) when taking your first Cisco affirmation test.Be Early and Bring Your ID.On the off chance that the testing focus isn't in a piece of town that you drive to in the first part of the day, and you have a 9 AM test, you may discover the traffic is a lot heavier that season of morning than you anticipated. Driving up to the testing focus 10 minutes late is definitely not a decent method to begin. In the event that you've never been to the middle, check their site for bearings, or call them for headings. In the event that at all conceivable, drive to the inside the night prior to your test.Make a point to bring your wallet or satchel. You can't take the test without appropriate recognizable proof. You'll presumably be requested two types of ID, one of which must be an image ID.The Testing RoomIn spite of the best endeavors of VUE and Prometric, some testing focus rooms are ideas in retrospect. I emphatically exhort that in case you're taking your test at a specialized school, request to see the testing room BEFORE you pursue the test. On the off chance that it would seem that a changed over floor brush storeroom, it likely is. Those rooms additionally will in general be directly alongside homerooms, which can bring about diverting clamor during your test.In the event that your testing focus spends significant time in giving PC based tests as opposed to classes, you're likely fit as a fiddle. Once more, don't hesitate to drop by the testing focus before your test to take a look at the testing room. Most testing rooms have a window that workers use to watch out for analyzers, and you ought to have the option to take a look through the window.When you go in, you'll be approached to enter your government managed savings number as your testing ID. When you do that, the test motor turns over running. Be that as it may, this doesn't mean the test begins.The ReviewWhen you take a Cisco test, you'll initially be given a review. The study comprises of 10 - 20 inquiries posing about your experience, arrangement techniques, and solace level with various advances. This is a decent time to regain some composure before beginning the test. The overview will just take around five minutes, and this time doesn't mean something negative for your test time.Focus On The Test Instructional exercisesYou'll at that point be given a test instructional exercise, telling you the best way to answer the various kinds of inquiries Cisco may pose. While a large portion of these inquiries types are presence of mind (different decision, single answer, fill-in-the-clear), I firmly encourage you to give unique consideration to the switch test system question instructional exercise.The test system addresses convey more weight than different inquiries; to be sure, it's practically difficult to finish the CCNA tests on the off chance that you thoroughly miss the test system questions. While the interface for these tests is natural, in some cases understudies who bomb their test grumble that they were not offered enough data to response the inquiry. The genuine issue is that they didn't look in the ideal spot for that data. It's not covered up, however put in almost no time with the instructional exercise and don't go ahead until you're OK with the test system interface.The Test ItselfAt long last, the test begins! Recollect that, you're not being asked anything you don't have the foggiest idea. In the event that you have arranged effectively with the correct instruments, you'll have a passing evaluation on your screen before you know it.Talking about that evaluation, you'll be given it around five seconds after you answer the last question. Cisco tests never again permit CCNA and CCNP contender to return once an inquiry is replied, so be set up for that.Comprehending what's in store when you go into the testing space just because will amplify your odds of progress. 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