Category: Business

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Price elasticity of demand - operating systems and Snow Leopard

A lot of my colleagues from the Faculty of Economics think their study was mostly a waste of time. Too much focus on old, out of date concepts and approaches, too little focus on real life. I can't argue with that, it is a bit old school and theoretical, so it's up to the student to make the most out of the abstract things he learned. But you can't do that before you see the real world. And you also have to put a bit of thinking into the whole picture. Then you are able to see that basic concepts, such as supply and demand are everywhere (not only in economics and business) and can fully explain why the sweets of the most scarce flavor in the box taste the best.

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written 13:25 CET on chronolog
2389 views   •   4 likes   •   2 comments  •   Like   •   
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At least we have the Discovery channel

I think television is bad. Besides making you a brainless zombie, watching without thinking, it channels all the bad things on this world into the little box in the living room. Of course, there are also positive broadcasts, but they are still heavily overwhelmed by the negative. The news brings mostly bad news, making mass paranoia and hysteria. Reality shows are making the youth confused and are building a wannabe society. Sure, there are a few interesting series going on, a few good movies, but otherwise, it sucks. Thank god for the Discovery channel.

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written 21:14 CET on chronolog
1417 views   •   3 likes   •   1 comment  •   Like   •   
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IT + Web 2.0 = IT 2.0

Web 2.0 is one of the hottest things around. Everybody is talking about it, and it is revolutionizing the way we work, communicate and enjoy our free time. It is obvious even now that such services will be the main tools of marketing and political movements of the future. Now we have to wait and see how far it goes and where it ends.

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written 16:43 CET on chronolog
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Michael Jackson's death - this year's biggest business

We have finally seen it. Michael Jackson's death ceremony. I have seen parts of it, a bit out of curiosity, but I also enjoy his early music (Bad was actually one of the first songs that gave me the shivers) and I wanted to see other artists perform his covers (meh). I am not here to judge the ceremony, but I should mention that I was sickened by all the hypocritical people that were talking on his final event. Yesterday he was a freak, today he is a saint. That was to be expected, as we have seen it in similar situations before.

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written 11:43 CET on chronolog
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I want it all - the curious case of Microsoft

There's Microsoft, probably the biggest software company in the world. And there are others. In the past years Microsoft has been trying to expand it's business to pretty much all the markets, faintly connected with it's core business - developing software. Marketing experts could say this is not a good strategy, because it is better for companies to retain their focus and stay specialized in things they do best. But if Samsung can build bridges in South Korea and at the same time make smart phones, why shouldn't Microsoft make iPods?

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written 14:18 CET on chronolog
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