TMSBiz-Tech,Mktng,Sales n Biz

Once there was a man who sold Pav Bhaji in some city in India,He had a son who just came back with a MBA degree.PavBhaji business was going good.the old man was increasing his business.He bought new furnitures,put up new banners.His son came to him and said,”DAD! what are u doing? Dont you know its recession?Why are you expanding the business ?why are you adding inventories? doing promotion?Why so low prices???” The old man understood nothing and asked ,”what you want me to do son?”The son asks his father to sell extra chairs,increase prices to normal,downsize the helpers and workers…

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Do you know what an in word is ? A word which is in fashion.People find it cool to use the word.So the new in word or the buzz word is RECESSION.Everywhere i go i find it,what ever i read i find it.Forunately or unfortunatly i am pursuing my MBA these days,so Recession is a word which i daily hear infact he is my room mate ,my classmate,my studymate.But what actually is Recession.According to Wikipedia “in economics, the term recession generally describes the reduction of a country’s gross domestic product for at least two quarters.The usual dictionary definition is “a period of reduced…

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