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    Doing Business In Singapore
    The Businessman's Best Bet - Singapore's economic prowess is aptly embodied in its name: the lion city. With an economic infrastructure fit to rival even the best of Europe, Singapore is frequented by a healthy number of business travelers and global investors year-round. Its strategic location, amazing connectivity, great convention venues and superior hotels make Singapore one of the world's leading business hubs.Strategic Location – Its central location in the growing business region of Asia places Singapore at an advantage over other countries. Surrounding the lion city are the fast-emerging markets of China and India. Its strategic location also allows it easy access to air transport facilities. More than 4,000 weekly flights depart from Singapore to more than 180 cities around the world.Unparalleled Connectivity – All businessmen know that connectivity plays an important role in the cutthroat business world. Global Information Technology Report ranks Singapore as the “Most Network-ready Country in the World”. In addition, numerous high-class hotels in the country offer Internet and teleconferencing services to its business guests. Businessmen will not have a problem staying in touch with the rest of the world while in Singapore.World-class Corporate Venues – Singapore offers a wide selection of convention centers, exhibit halls and meeting venues to the businessman-on-the-go. The Singapore Expo is a mega-scale facility for international exhibitions. The 25-hectare ven
    the company we have our account with.  If a customer claims they didn’t receive the product when they did and dispute the charge, again we are charged a fee and we lose the money we paid for the product.

    Now, I am not saying if a product is inferior or not as advertised you should not return it. That is not the point of this article.  It is about customers who vi

    Limited Liability Corporation Advantages
    A limited liability corporation is a separate corporate business unit that has a separate legal structure. Although it incorporates many features of partnership and corporation, it cannot be considered similar to either. The unique set of advantages it offers due to its distinct corporate structure has endeared it to many people. The limited liability corporation has been a long-standing concept. However, in the United States it offers a relatively new category of business entity to entrepreneurs and investors. This model is a revised adaptation of the German GbmH model.It is possible to judge the advantages offered by this new business unit by understanding the business model of partnership and corporations. A corporation offers limited liability protection to the individual owners, investors and shareholders. Thus, the losses and debts of the corporate organization are not reflected upon on the individual owners. However, there are many complexities involved in corporations, regarding ownership, number of members, and distribution of profits, management control and functioning.A limited liability corporation provides limited liability to its members without the double taxation found in corporations. There is no intervening structure in a limited liability corporation. The profits, dividends, expenses and losses are reflected on the individual members, depending on investment and expenses. Hence, it offers a more flexible profit distribution method. There is no curtailing of investment and number of members
    This to enlighten who that think they are getting back at credit card companies, when in reality they are hurting local businesses. The media blitz is always on the consumer. How credit card fraud effects the seller is never the focus. Due to these inadequacies, those of us running businesses are fed up. We are tired of only hearing how the consumer is effected. What about the many legitimate businesses that are getting ripped off by consumers.  No one addresses all the moneys we lose when customers commit fraud. We are charged fees when someone orders something and when they return it. We lose out when a customer falsely claims he never received an item.

    All the news items you see in print or on television are about consumers.  No one talks about the hit the seller takes when the consumer returns the product, or claims they never received something and they did, they just don’t want to pay for it.

    To give you some insight on how the process works; when a business takes credit cards, they pay for that privilege. The credit card companies (Visa, MasterCard, American Express, Discover) charge us a fee for taking their cards. Then the company we have our account with charges us for this privilege. When a customer uses a card card, we have to wait for the money to be transferred to our account. This can take anywhere from 2-8 days. Meanwhile, the customer has the product. When a customer returns a product, we are charged again by the credit card company and the company we have our account with.  If a customer claims they didn’t receive the product when they did and dispute the charge, again we are charged a fee and we lose the money we paid for the product.

    Now, I am not saying if a product is inferior or not as advertised you should not return it. That is not the point of this article.  It is about customers who vic

    English Only in the Workplace: Don't be Sued!
    There are approximately 35 million Americans that were born in foreign countries. When we compare this with the approximate 285 million Americans across the country we find that approximately 10% of all people living in this country are immigrants. That means foreign languages are a major part of our lives.After each war new legislation is passed in order to either stem or control immigration. In 1891 the Immigration Service was established to deal with the large influx of immigrants after the Civil War. After WWI the federal government again instituted immigration quotas around 1921 to limit impoverished new comers. The 1990’s have seen the larges amount of immigration since the early 1800’s. If the statistics included illegal immigrants the number would be huge making the 1990’s an immigration free-for-all.Many companies have begun instituting English only in the workplace. The policy change is because there are is a high level of new immigrants and nearly 11 million Americans that are not fluent in English. This creates problems for employers who must maintain productive work environments where the languages spoken on the floor are not always understood by everyone else.The issue of an “English Only” workplace requires some type of business necessity whereupon the connection between business needs and the English language is clear. For example, when conducting their duties companies may require English to be spoken for customer service, operational and safety reasons. However, it isn’t likely that
    ut the many legitimate businesses that are getting ripped off by consumers.  No one addresses all the moneys we lose when customers commit fraud. We are charged fees when someone orders something and when they return it. We lose out when a customer falsely claims he never received an item.

    All the news items you see in print or on television are about consumers.  No one talks about the hit the seller takes when the consumer returns the product, or claims they never received something and they did, they just don’t want to pay for it.

    To give you some insight on how the process works; when a business takes credit cards, they pay for that privilege. The credit card companies (Visa, MasterCard, American Express, Discover) charge us a fee for taking their cards. Then the company we have our account with charges us for this privilege. When a customer uses a card card, we have to wait for the money to be transferred to our account. This can take anywhere from 2-8 days. Meanwhile, the customer has the product. When a customer returns a product, we are charged again by the credit card company and the company we have our account with.  If a customer claims they didn’t receive the product when they did and dispute the charge, again we are charged a fee and we lose the money we paid for the product.

    Now, I am not saying if a product is inferior or not as advertised you should not return it. That is not the point of this article.  It is about customers who vi

    The New Conference Centre In London
    While London is undoubtedly one of the areas that is first considered when hosting a large conference, the lack of a large enough venue can put off many people. This is particularly the case where the number of attendees exceeds 5,000 people at any one event. There is a dearth of venues that can accommodate that number of people in a conference situation, let alone the additional facilities that would be needed. The number of conferences with that number of people is increasing each years and a city that is unable to cater for that can become less popular as a venue for conferences. This is why the new ICC has been proposed for London.There has been a lot of debate about whether the ICC is really needed and what impact it can have for the city. The feasibility study was undertaken and the result showed that the centre would give great benefit to the city as a whole. These benefits could directly affect the accommodation industry, the tourism industry and a host of related industries. The new conference venue will be able to offer facilities that are otherwise inaccessible for people hosting conferences in London. The attraction of London as a premiere destination for conferences will be enhanced through the new facilities that will be available at the ICC.The capability to host over 5,000 delegates will be one of the biggest advantages of the new ICC in London. The largest area can be used for hosting the main events of the conferences while the smaller areas can each serve different purposes. To help increa
    No one talks about the hit the seller takes when the consumer returns the product, or claims they never received something and they did, they just don’t want to pay for it.

    To give you some insight on how the process works; when a business takes credit cards, they pay for that privilege. The credit card companies (Visa, MasterCard, American Express, Discover) charge us a fee for taking their cards. Then the company we have our account with charges us for this privilege. When a customer uses a card card, we have to wait for the money to be transferred to our account. This can take anywhere from 2-8 days. Meanwhile, the customer has the product. When a customer returns a product, we are charged again by the credit card company and the company we have our account with.  If a customer claims they didn’t receive the product when they did and dispute the charge, again we are charged a fee and we lose the money we paid for the product.

    Now, I am not saying if a product is inferior or not as advertised you should not return it. That is not the point of this article.  It is about customers who vi

    Move it or Lose it!
    People today are spending longer hours at work, in front of their computers, just to meet their pressing deadlines and KPIs. As a result, there are more incidents of debilitating back pain, neck ache, headaches, RSI and burnout that are reducing productivity and increasing stress leave.More than half of computer users each year develop neck or shoulder symptoms and just over one-third develop an impairment or the loss of some function [2] One survey found that backache was the most common complaint, followed by sore eyes and headaches.[1]In Australia, back problems are the leading specific musculoskeletal cause of health system expenditure, with an estimated total cost of $700 million in 1993-1994 [3].So what is the answer? By releasing the build up of physical tension, people are able to sustain their working stamina and focus without the physical ailments or a reduction in productivity. Here are 3 ways to protect your productivity from strain:1. Smart Ergonomics Sitting at the computer for hours at a time fatigues your muscles and creates physical tension. Using some of the basic ergonomic principles you can avoid a lot of unnecessary strain and maximize your productivity. Here are 4 tips:a. Have a direct line of sight to your monitor - you should not need to look up, down or twist to see your screen. b. Use chairs that have a tilt function. Sit at 110 degrees (slight recline) to reduce back strain c. Ensure your wrists are straight when using the keyboard and m
    rge us a fee for taking their cards. Then the company we have our account with charges us for this privilege. When a customer uses a card card, we have to wait for the money to be transferred to our account. This can take anywhere from 2-8 days. Meanwhile, the customer has the product. When a customer returns a product, we are charged again by the credit card company and the company we have our account with.  If a customer claims they didn’t receive the product when they did and dispute the charge, again we are charged a fee and we lose the money we paid for the product.

    Now, I am not saying if a product is inferior or not as advertised you should not return it. That is not the point of this article.  It is about customers who vi

    Prepaid Expenses
    Prepaid expenses belong on the balance sheet and can encompass costs such as rent, insurance, advertising, and any other cost that normally would be expensed on your income statement but is paid in advance of the period in which it is owed. Prepaid expenses differ from deposits as they will be used up within a specific period (usually within a year) as a deposit could be carried until the end of a contract when ever that might be. For example, prepaid rent would be an upfront prepayment of the yearly rent, but a rental deposit would be tied in with certain contract obligations and not be an actual expense until the end of the contract.Should you, for example, pay for your yearly insurance premium in one lump sum then you would charge this premium to an account called Prepaid Insurance. The entry would be:Debit: Prepaid Insurance Expense $(amount of yearly premium)Credit Accounts Payable or Cash $(amount of yearly premium)(Depending on method of payment)Each month a general journal entry would be made expensing one month’s premium cost. This entry would be as follows:Debit: Insurance Premium Expense $(1/12 of yearly premium)Credit Prepaid Insurance Expense $(1/12 of yearly premium)Handling prepaid expenses in this way assures you are following the rule of matching revenue with expense. You can see if you were on a calendar fiscal year ending December 31st, and your insurance premium was due on November 1st to expense the entire premium in November would be inappropria
    the company we have our account with.  If a customer claims they didn’t receive the product when they did and dispute the charge, again we are charged a fee and we lose the money we paid for the product.

    Now, I am not saying if a product is inferior or not as advertised you should not return it. That is not the point of this article.  It is about customers who victimize businesses.

    Too many consumers think it is great fun to order products, and then ask for a refund. Many people do this around New Year’s to clothing stores. They buy it, wear it and then return it. My opinion, but I think this is downright criminal. This is only one example of where this happens, there are many others. Too bad, we couldn’t all be like the bookstores, you buy it, you keep it.  Another thing that consumers do, is say they never received the item when they did. Again, the business loses.

    A practice that is becoming very prevalent with on-line e-products is to go on line, order it, copy it, and then decide that they “don’t like it”, “it’s not what they thought”, you name it, they have an excuse.

    I think that all of these people should have to run a business of their own with a merchant account, and then see how they like it done to them.

    Newsflash, Mr. and Mrs. Consumer, you are hurting your local businesses, not the credit card companies. These people are your neighbors, in some cases your friends. Although, with friends like you, who needs enemies.

    So, while yes there are businesses that are ripping off the CONSUMER, it’s the BUSINESS PERSON who is getting ripped off also!

    Hopefully, this article will enlighten those of you that think it’s just the credit card companies losing out. It’s not, it’s the businesses you use that are, your friends, your neighbors, your local economy!

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