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Showing posts from February, 2013
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With the implementation of Goods and Service Tax (GST), we hope that the implementation will eradicate the hurdles by simplifying tax structure. This move will open India as one single market and bring down state level barriers. In the long-term, GST will stimulate the emergence of true “Hub-and-Spoke system, with companies setting large hubs in key strategic gateway locations coupled with smaller spoke warehouses nearer to metro/urban consumption centers. ~ Shashl Kiran Shetty, CMD, Allcargo Logistics.
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The students who ate together while negotiating — either at a restaurant or over food brought into a business conference room — created significantly increased profits compared to those who negotiated without dining. (Individuals who negotiated in restaurants created 12% greater profits and those who negotiated over food in a conference room created 11% greater profits.) This suggests that eating while deciding important matters offers profitable, measurable benefits through mutually productive discussions. ~ Lakshmi Balachandra