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Do you mind being beaten on price?
Price is a call to action. It says to us: If you have got the money, you can have it -- do you want it or not? So what’s wrong with ‘We won’t be beaten on price’?

Join the Africa Conversation
One month before this World Economic Forum on Africa, the Forum created an Africa Conversation blog and invited people around the world to contribute ideas and questions for a special session at the meeting in Cape Town. More than 50 comments were received via the site, e-mail, SMS, voicemail or videos uploaded to YouTube. Moderator Peter Sullivan, Group Editor-in-Chief, Independent Newspapers, South Africa, said most of the comments were from Nigeria.
Summary of main recommendations - Impact Study of the Zakoura Microcredit Program
In preparing the recommendations, we shall try take into account not only the results of the client surveys, on the basis of each of the five tools used, but also the ground reality of the ZMC program. In other words, the aim is to take into account what is desirable while bearing in mind what is actually feasible.

Other transaction costs Related Articles

Networks and Global Linkages
An entrepreneur seeking to enter industry faces high transaction and learning costs. Networks are one way in which entrepreneurs reduce search costs while also lowering the risks of embarking on a new venture. Industrial districts, or clusters of contiguous and often related enterprises, are one way in which networks form. However, today, in an increasingly competitive world, networks need to be global.

Technology Contracts – How to Address Development, Protection and Licensing
Rapid growth in the computer technology sectors, specifically Internet and related software and network technologies, have presented an increasingly complex set of issues for business owners and their lawyers. Negotiating appropriate contractual protection is a key practice used by successful companies to maximize the potential value of the transaction while minimizing its inherent costs and risks. What is “appropriate” for any given set of circumstances will depend on the interplay of the company’s strategic vision, the tactical allocation of resources and operational issues encountered. This article addresses procedures for dealing with issues that arise in defining the scope of an Agreement
Understanding Double Entry Accounting
Sir Isaac Newton's third Law of Motion, the law of reciprocal actions, states that for every action there is an equal and opposite reaction. The same can be said for accounting. For every financial transaction, there are two sides. There is a debit side and a credit side. For every transaction, these sides must be equal for your books to balance.
Single Entry Bookkeeping Accounting System
Under the double entry system of book-keeping, both aspects of every transaction are recorded, i.e. one on the debit side and the other on the credit side. Under the single entry system of bookkeeping, both aspects of every transaction are not recorded in the books of accounts. Under this system, the personal accounts of the debtors and creditors are maintained.
Get Well And Stay Well – Maintain An Alkaline Body pH
How would you like to learn about some little known, critical wellness information that will help you and your staff members better gain and maintain a productive and competitive edge in the workplace? Read on and see how this wellness information will help you and your staff members reduce the costs and negative impacts of absenteeism, medical costs and health insurance premium costs.
The Eyes Have It ...See How To Avoid the Pitfalls of Starting a Work From Home Business
There are thousands of business opportunities online and if you are trying to find your way through the plethora of offers you will need to use your eyes wisely to sift out what is genuine and what is fake. Every genuine business opportunity, be it a traditional brick and mortar business, or a work from home online business will have some start up costs. You cannot expect to start any kind of business without some investment - this is normal and to be expected. There will also be ongoing costs associated with your business, so do your homework thoroughly, get all the information you can, ask about ongoing costs up front so you know exactly what it is you will need. This way there will be no surprises, no disappointments and you can factor these costs into your budget for your new business.

Beware Of Hidden Costs In Your Small Business
Obvious costs are usually planned for. However, hidden costs will drain your money and time without your knowledge. These costs in fact are not hidden, but get overlooked when you factor in the major expenses. If you are aware of the hidden costs, you can avoid unpleasant surprises. Besides, small business costs can be reduced to a certain extent by managing the hidden costs.
Mergers and Acquisitions: Understanding the Essentials of Strategy and Execution in the M&A Ecosystem: Part 1 of 4
It’s hard to name many business transactions that are as risky and complex as mergers and acquisitions (M&A). Over 85% of M&A deals fail, according to a recent study on M&A outcomes by KPMG. Another study, by A.T. Kearney, found that the total return to shareholders on 115 global M&A transactions was negative 58%. These astounding numbers are enough to make any organization think twice. Despite the grim statistics, there are many compelling reasons to attempt an M&A transaction, but they must be done with and understanding of the risks and challenges involved. In this first installment of a four part series, we will begin by building some M&A foundations and define the ecosystem of an M&A transaction.
Could it be the work of the Hamburgler: McDonald's Confronts an Online Hoax
McDonald's was the subject of a social media hoax, involving the photo that claimed the fast-food giant, which has developed a strong track record on diversity, as charging African-American customers an additional $1.50 per transaction to cover additional insurance costs due to increased risk of crime. The photo was false, and McDonald's refuted it. But did it do enough to confront the problem?

The Importance of Intangible Assets When Buying or Selling a Business
It is important to know what tangible and intangible assets are in business. Knowing the difference and examples of each can help you with your taxes and the transaction of buying or selling a business. Assets can also be a legal matter, in which case it is important to know about legal protection and how they can help you in any business transaction.

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