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Companies spend a lot of time figuring out what their target market is and doing their best to reel in new customers. Unfortunately, they don’t spend enough time keeping the customers they have. Acquisition is the name of the game in a consumer culture but ignoring makes it too easy for your customers to always take the better deal, be opportunistic rather than loyal.
The global foreign direct investment (FDI) inflows rose by 17 per cent in 2011 to $1.5 trillion. The FDI inflows in developed economies grew up by 18.5 per cent, while in developing economies it grew up by 13.7 per cent.
The shutdown of Japan’s last working nuke power plant and the govt’s failure to convince a wary public about restoring production at dozens of reactors leaves the world’s third largest economy facing another severe power shortages.
Whatever its intentions in cracking down on abuse of tax havens, India has alienated overseas investors with the timing and communication of its measures when it can ill afford to do so.
US employers cut back on hiring in April and more people gave up the hunt for work, dimming hopes the economy was turning a corner just as President Barack Obama prepared to launch his re-election campaign.
South Korea’s Samsung Electronics has unveiled a faster and larger version of its flagship smartphone as it seeks to cement its position as the world’s best-selling mobile phone maker.
Facebook, the company that turned the social Web into a cultural and business phenomenon, is worth as much as $95 billion, according to the price range for its upcoming initial public offering of stock.
India’s central bank announced measures on Friday to bolster foreign currency inflows following a sharp fall in the rupee, although traders said the moves may not be enough to stem further near-term weakness.
Faisal Private Bank, struggling since the collapse of property schemes in the Gulf and beyond, is up for sale after failing to raise enough money to meet the Swiss regulator’s minimum capital requirements, its chief executive said.