But these are fool companies as they don't know that the companies with progressive nature always support the idea of multiplying their headcount. Top executives normally adopt the mode of decreasing headcount to show profitability and please owners/promoters ,however they keep on increasing expenses on their own vested interest matters. Owners are fools who say cutting expenses on headcount helps them to increase profitability, in turn it looses their brand image in market and consequently market share. Companies are not made up of Brick or Morter but their reputation rests on employees welfare. More HANDS simply translates into Handsome profitability for any organisation of any nature and business magniture. The sign of good companies is that they keep on adding manpower even in times of market recession as it helps them to amplify their brand image.
"GET RICHER BY CURBING EXPENSES" SUCH A PRINCIPAL NOT ALL THE TIME SATISFIES THE CONDITON,BECAUSES WITHOUT EXPENSES THE ECONOMY CAN BECOME STATIC,SUCH POSITION NOT A GOOD SIGNAL OF PRACTICE IN ECONOMY,SO UNTIL THE ECONOMY MAPES INTO UNICK AREA THE RICHER DOES NOT COME IN SELF, BUT ALONG WITH THIS CONDITION ALSO KEEPING IN THE MIND THAT THE ECONOMY NEVER STAYS AT THE RATIONAL VALUE
Re: RICHER BY CURBING EXPENSES
by Ram Singh on Dec 01, 2010 11:58 AM
Don't be such a dumbA$$.
the people who curb expenses have more money for investing in savings. this invested money is then used by banks and other financial institutions for landing loan to all sectors of economy including IT, Auto, petrolium, media, cinema.... anything u can dream off.