Business Makers

Social values mean the moral standards by which members of a society judge the behavior of each other.� Values determine what is right or wrong or what people consider goods or bad behavior.� With regard to business, social values include the following: (i) The features of good business, (ii)The objective which business should pursue, and (iii)The manner in which businessmen should perform their affairs in the best interests of the society and on the basis of sound moral principles.

According to the prevailing social values, businessmen should not sell adulterated products nor should not juke false weights.� They should pay fir wages to employees and right amount of tax to the government.

Continuing its push to draw more business travelers and boost revenue, Southwest Airlines Co. launched a “Business Select” product that will reward frequent fliers willing to pay the highest fare.

Starting Thursday, passengers purchasing tickets in the new “Business Select” fare category will get preferred boarding, a free cocktail voucher, and bonus frequent-flier award credits to earn free tickets faster.

Fares in the new Business Select category will be $10 to $30 more one-way than the current highest-priced tickets sold by the Dallas-based airline. Chief Executive Gary Kelly expects the new product, along with other tweaks in the airline’s fare structure, to generate at least $100 million more in annual revenue starting next year.

“This is the first step in what we call our implementation phase” of targeting more business travelers, he said.

Operating costs at Southwest, known for its low-cost model, have been rising and forcing the airline to raise fares more aggressively. Targeting more business travelers is a key way in which Southwest expects it can boost revenue. The airline’s lack of assigned seating has been a problem for many business travelers who have had to check in online or at the airport early, and line up at the gate early, to ensure getting a good seat. Passengers generally have to be in the “A” boarding group to ensure a window or aisle seat.

Southwest recently changed its boarding policy to avoid passengers’ having to line up so early at the gate. Starting Thursday, it will launch a new policy that guarantees “A” group boarding to passengers who have flown 16 round-trips with the airline in one year.

To decide whether a particular activity is an economic or a non-economic activity the following points should be considered:

The purpose of the activity is the most important ground for deciding whether an activity is economic or non-economic. The same activity may be economic for one purpose and non-economic for another purpose. The chief purpose of an economic activity is to generate income. For example when a lady cooks food for monetary gain it is an economic activity. But if the amen lady cooks food for hers family it is a non economic activity.

when the work done is measurable in terms of money it is an economic activity. For example services of a maid servant can be measured in terms of money and is therefore and economic activity. On the other had services of a housewife cannot no measured in terms of money and is therefore a no economic activity.

In the normal course of life a person desires to earn money in order to satisfy his wants. He seeks to obtain maximum return from his efforts. But work done for emotional reasons is non-economic activity. For example a business man wants to produce goods at the lowest possible cost to make maximum profit. On the other hand a person engaged in religious or social service is willing to spend bother his money and time.

Both economic and non-economic activities must be legal. Activities which are illegal though resulting in economic gain for example smuggling black-marketing robbery and others cannot bane called economic activities. Only those human activities can be called economic activities which are performed in accordance with the laws of the land. Even non-economic activities whether social or religious must conform to law.

San Francisco: Youtube the world’s most popular video web site has place software for the pirated videos blocking after the allegation of copyright abuses. YouTube is developing this software with joint venture with Google. After the day of purchase of $1.65 billion stock deal Google is on the target of the video owners, entertainment business giant and English soccer league about not talking much suitable steps to prevent posting of the copyrighted clips at their website.
Till now YouTube has on the US law that has provided YouTube about taking copyrighted videos, but as pressure is building up the YouTube is taking further steps to avoid this type of troubles in future.
Viacom based at New-York already pending a billion dollar in against YouTube. This software is now at testing phase at website of YouTube.
Video Identification software will automatically block the pirated video and it also allow the copyright and video owner to identify their content at YouTube and they will decide block or promote the video or not.

Prasar Bharti has decided to drop off 5 channels from DTH; this action is taken against for the channels that not paid their carriage fees. The broadcaster dropped Aaj Tak, Headlines Today, TV9, Akash Bangla and Star Utsav because they didn’t pay the fess after repeated notices and extensions. The public broadcaster who is one of the biggest DTH service provider having around five million homes connected had gave deadlines to these channels for paying. This deadline extended many times because of their request. Prasar Bharti official said that” these channels were thinking that we are not going to take any action but we decided to take action against them and dropped them”. The broadcaster also said that enough time has given to these channel to pay there fees but we want to convey this that DD direct plus is going to carry channels which is free.

BEIJING: According to media report china is likely to build its fourth rocket launch pad to fulfill its growing space ambition.
About the location it is said that it is located at Wenchang on the southern island of Hainan, said by China Daily newspaper.
About 20 square km a command centre is also including in it, a launching pad, a theme park, a rocket launching base, and a rocket assembly plant” is said.
This site will be used for launching large satellites, deep space probes and space stations. The country first launch station located at Jiuquan in the morthwestern Gansu province will manage the manned space missions.
This new launching station will be china’s first centre near the sea and new facilities since 1970. Existing three centres are located at deep inside the country hinterland. According to the foremost reports this project will be completed by 2010. after the launched of astronaut Yang Liwei into the orbit china became the third country after soviet union and united states� to put a man in the space.
Expanding china ambition in the space china announced that they are going to launch a join venture with Russia to mars in 2009, and planning to launch a unmanned lunar mission in 2012.

As now hutch has been officially combined with Vodafone the war in the communication sector is going to be more interesting. But all matters are not sorted out yet as Ruai’s bid to go solo via BPL Mobile.
“Our new campaign is thrilling us and excited with the response. We are getting forward and will paint the city red” said by CEO, Vodafone Arun Sarin.
Arun Sarin wants to be in the top but he should remember there are other tough competitive at the stage.
Now Ruias are try to get separate license so that they can operate GSM space via BPL mobile. The other big panic for Arun Sarin is the tax of $2 billion claim by income tax department declared on the company.
In a board meeting in Mumbai Vodafone headquarters Arun Sarin and Ravi Ruia was planned about the strategy about the challenges coming on their path in Indian market and how they will deal with it this meet took more than six hours.

Continuing the battle second year of high-profile between HD DVD and Blu-ray, on the other side Chinese government silently forwarding their step on making their own high definition disc design. CH DVD (China high definition DVD) is produced by Chinese government official, Chinese firm and Chinese universities engineers’ experts in video format. The Chinese group succeeds in a deal with the DVD forum, the regulatory committee in charge of supervision HD DVD and DVD, not including Blu-ray. Great thing is that both CH-DVD and HD-DVD use same basic stipulation. According to media both are transposable.
CH-DVD reported include well copy protection feature, a good move for the country that is known for high-voltage piracy. While it not clears that this step will make what effect on held DVD war. This I going to release only in Asia and don’t think until 2008.
This new gadget will tap the market before end of holiday season with the price tag around ¥140,000 to ¥200,000 ($1,225 to $1,750), according to desk drive capacity.

Satyam computer expanding its business and going to employ 2000 people in Malaysia for making it largest software center outside India, in approx two years.

The company is planning to expand Malaysian global solution center 100 seats to over 500 in next few months, said by Ramalinga Raju Satyam chair person.

In Malaysia’s IT park Cyberjava center first stage out of the country of the roll out 2000 seats global delivery, the campus is listed to be ready by 2009.

Satyam, which has been keep Malaysian super corridor status, will lead the improvement some significant system.

The companies reluctant to split data with the government may come in trouble. They have to pay Rs 1,000 a day. parliamentary standing committee examining the Collection of Statistics Bill 2007 was reported that the company who are not fulfill the provision were have to pay the fine and the government should be more strict they may be increase there fine rates more than 1000.They also reported that a section within the Government locking up to make sure that companies give the necessary statistics. However, it was also fraught with the risk of misuse and government officials to harass companies could use provisions like imprisonment. Government faces the problem of lack of data of the companies for that government introduces Collection of Statistics Bill 2007 that maintains the profile, reports, and data of the companies.