November 20, 2017

Archives for January 2013

When the Accounts Preparation process goes wrong and losses are hidden…

For any company, loss incurrence is distinctly bad news – for its shareholders, employees, customers and suppliers alike.  Most companies adopt a conservative approach to operating losses and recognise them as early as possible, no matter how bad the news might be. Often, loss incurrence leads to changes in management and the new management team […]

What price for an Apple?

  Apple shares have had a rough time of late.  Apple’s stock peaked at $705.07 in September, since then they have tumbled by over $200 to close at $501.75 yesterday (Monday 14th January 2013).  A fall of 28.8%  (***Tuesday 15/1/13, market opening prices, Apple are down another $10 at $490).  We have a bear market […]

Carrot stick anyone?

Just like previous years, 2013 has launched with a flurry of advertisements offering products and services to help the British public stick to our New Year’s resolutions. From stopping smoking to losing weight and doing more exercise, this is the usual time for best intentions. But when it comes to changing behaviour, do people respond […]

Edinburgh Business School’s part-time MBA Programme is up and running in Malaysia

The first cohort of students on the MBA programme at Heriot-Watt University Malaysia started their journey on 5th January 2013 with a day of induction activities. The students, from diverse backgrounds such as engineering, IT, medicine and education met and with staff from Edinburgh Business School and from Heriot-Watt University Malaysia at the new campus […]

Clearing up the confusion about getting better off: GDP and GNP

When you read in the papers that GDP (Gross Domestic Product) has increased over the past year you naturally conclude that we are all better off. But don’t be fooled. GDP is what is produced in the economy not the income earned by residents. Students of economics will know that national income is equal to […]

How did they do that?

The UK 2012 Christmas grocery retail sales results are in! And they don’t make happy reading for Morrisons, one of the so called retailing ‘Big Four’. Whilst Tesco, Asda and Sainsburys have some reasons to be cheerful, Morrisons are looking at a gloomy 2.5% downturn in like-for-like sales. How come? They cut prices and offer […]