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

Economic Slump Outcome - Article ExampleThe pulling out of major clients and lack of suitable counseling made the employees to search for an alternative job. Attrition is inevitable because there is insecurity of job in the minds of most of the employees and the tatterdemalion company image make ups more fervor to quit.Satyam employees are absorbed by companies who have acquired the lost projects of Satyam and there is scope 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) curiously during the economic crisis phase. The above citation identifies solutions to sustain the credibility of the marketing process. The split focus on increasing revenue and improving accountability and optimizing the cost. Focus on online marketing is a success as most of the people prefer to shop at the doorstep. Creati ve performance management focuses on improving the alive technique or process to a higher degree of efficiency involving less time and cost. Automation of selected equipments contributed generally to creative 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 also paves way for effective storage solutions. in the long run the entire revival process during recession depends on one critical factor which is pecuniary management. Financial Budgets for marketing should be decided with a proactive approach focusing on the balance between allocation of funds and the return on investment. Useful alert 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 subsidization fresh tax concessions or allocate additional source of funds to the needy. There is a lot of brainstorming done on the additional uptake impacting the growth of economy .Banks and financial companies were in a shaken state as they are unable to slash the loan interest rates and financial crunches and trends enlighten 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 instability to function as a standalone embodiment. The root cause is the lending policy