Economic Slump Outcome Article Example | Topics and Well Written Essays - 1250 words

Economic swag Outcome - Article ExampleThe withdrawal of major clients and lack of suitable counseling made the employees to count for an alternative job. Attrition is inevitable because there is insecurity of job in the minds of most of the employees and the shattered fraternity image adds more fervor to quit.Satyam employees are absorbed by companies who have acquired the lost projects of Satyam and there is backdrop of survival for them. If this attrition scenario continues, then Satyam cannot go on the revival phase and sustain its existence in the software industry.In Marketing, it is a mandatory process to focus on the ROI (Return on Investment) especially during the sparing crisis phase. The above citation identifies solutions to sustain the credibility of the marketing process. The split focus on increasing gross and improving accountability and optimizing the cost. Focus on online marketing is a success as most of the sight prefer to shop at the doorstep. Creative prod uction management focuses on improving the existing proficiency or process to a higher(prenominal) degree of efficiency involving less time and cost. Automation of selected equipments contributed mostly to notional production management. ... Creative production management focuses on improving the existing technique or process to a higher degree of efficiency involving less time and cost. Automation of selected equipments contributed largely to creative production management. Saving the accessories, raw materials cost is an important aspect of marketing fulfillment. Elimination of marketing wastes in like manner paves way for effective storage solutions. Finally the entire revival process during recession depends on superstar critical factor which is financial management. Financial Budgets for marketing should be decided with a proactive move up focusing on the balance between allocation of funds and the return on investment. Useful mirthful and monitoring techniques can value add to financial management.Citation 4Weblink www.hindu.com/2009/02/02/stories/2009020255121400.htm - 21kReview of Citation 4Economic Slump affected the political stability as the government is unable to grant saucily tax concessions or allocate additional source of funds to the needy. There is a lot of think done on the additional expenditure impacting the growth of economy .Banks and financial companies were in a shake state as they are unable to slash the loan interest rates and financial crunches and trends mop up that the crisis will continue till end of September. Appropriate decisions can be taken only after minimizing the economic crisis. Citation 5Weblink http//www.hindu.com/2009/01/26/stories/2009012650691400.htmReview of Citation 5Economic slump contributed to higher degree of financial crisis and it is a shocking fact that leading banks confessed on their financial losses and derangement to function as a standalone embodiment. The root cause is the lending policy