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I'd recommend this onehttp://www.amazon.co.uk/Applied-Economics-Macmillan-Business-Atkinson/dp/0333673824/ref=sr_1_4?s=books&ie=UTF8&qid=1418060743&sr=1-4&keywords=textbook+of+economics+livesey
Bear in mind that the roads are terrible and that distributing the manufactured goods is far more expensive than in the UK where the distribution of goods is much easier due to our modern infrastructure.
I'll have another go. Building a factory in the UK is not an unnecessary cost. It is an investment taken after lots of research. Next would not build the factory unless they thought it would be a good investment. Part of these calculations would be to do with their biggest cost - labour.You seem to think they shouldn't build a factory in the UK as the Brits are inferior workers. You may well have a point but Next have decided they will take the risk because they can always get better workers from Poland. It's whats known as contingency planning. Something us serial entrepreneurs fully understand.
This whole thread, and quite a few others, is totally bizarre. The drivel that 1967 spouts is unbelievable. I can't be the only one with a few letters after my name surely that knows this crap is simply intellectual masturbation? Look 1967. when you've done some proper courses and read and understood some proper textbooks, then folk might take you a little bit more seriously. But until that day dawns, it's not even a decent giggle reading your boringly repetitive tripe. oh. And about letters after names. The relevant one right now for you to know is my MBA (Distinction). A decent AMBA uni too before you start carping on. Oh. And I've got plenty of others if you think that's not sufficient. Your crap is priceless. Get a life. You must spend aeons making up such shedloads of rubbish.BobG
I don't know all the ins and outs of Next's costs but can assure you that labour is generally the biggest cost a business faces. Of course it depends on what industry you are in.
Quote from: IC1967 on December 09, 2014, 12:57:56 amI don't know all the ins and outs of Next's costs but can assure you that labour is generally the biggest cost a business faces. Of course it depends on what industry you are in. That's a very fancy way of saying that you've been talking out of your arse as you know nothing about Next.
You're dodging the issue again - should the coalition you think are doing such a wonderful job be vilified for allowing it to happen?
Quote from: IC1967 on December 09, 2014, 12:57:56 amI don't know all the ins and outs of Next's costs but can assure you that labour is generally the biggest cost a business faces. Of course it depends on what industry you are in. Yes which in retail in this area it isn't. I'd imagine Jenny with the numbers in front of her in that industry knows more about it than you do...You're also wrong that location isn't important. The costs of logistics, transport and wages for those staff are much greater than cheaper imported labour. Location is vital aswell in keeping sales higher. The market has changed and the demand is for quick supply, so that has to come in aswell. It's pointless having your distribution centre so far away that you can't get the goods there in day.The issue isn't cheap labour, the issue is that it should be advertised in this country first. Remember which parties favour making rules like this more common and which don't Glyn
Quote from: Glyn_Wigley on December 09, 2014, 11:05:32 amYou're dodging the issue again - should the coalition you think are doing such a wonderful job be vilified for allowing it to happen?Of course not. No issue dodged by me whatsoever. The less government interferes with business the better for the economy. Next were just doing what was best for the company, as they should.
Quote from: big fat yorkshire pudding on December 09, 2014, 11:18:51 amQuote from: IC1967 on December 09, 2014, 12:57:56 amI don't know all the ins and outs of Next's costs but can assure you that labour is generally the biggest cost a business faces. Of course it depends on what industry you are in. Yes which in retail in this area it isn't. I'd imagine Jenny with the numbers in front of her in that industry knows more about it than you do...You're also wrong that location isn't important. The costs of logistics, transport and wages for those staff are much greater than cheaper imported labour. Location is vital aswell in keeping sales higher. The market has changed and the demand is for quick supply, so that has to come in aswell. It's pointless having your distribution centre so far away that you can't get the goods there in day.The issue isn't cheap labour, the issue is that it should be advertised in this country first. Remember which parties favour making rules like this more common and which don't Glyn I'm quite happy to bow to Jenny's superior knowledge on this one. I am nothing if not magnanimous.For the avoidance of any doubt I would just like the other readers to know that the second paragraph above is aimed at Mr Wigley not me. BFYP has inadvertently posted in such a way that this was not obvious to the more gullible of you out there.
Quote from: IC1967 on December 09, 2014, 11:29:27 amQuote from: Glyn_Wigley on December 09, 2014, 11:05:32 amYou're dodging the issue again - should the coalition you think are doing such a wonderful job be vilified for allowing it to happen?Of course not. No issue dodged by me whatsoever. The less government interferes with business the better for the economy. Next were just doing what was best for the company, as they should.It would be more beneficial to the economy for the government to stop Next doing this but instead taking UK workers off benefits and making them into taxpayers.
Quote from: IC1967 on December 09, 2014, 11:35:25 amQuote from: big fat yorkshire pudding on December 09, 2014, 11:18:51 amQuote from: IC1967 on December 09, 2014, 12:57:56 amI don't know all the ins and outs of Next's costs but can assure you that labour is generally the biggest cost a business faces. Of course it depends on what industry you are in. Yes which in retail in this area it isn't. I'd imagine Jenny with the numbers in front of her in that industry knows more about it than you do...You're also wrong that location isn't important. The costs of logistics, transport and wages for those staff are much greater than cheaper imported labour. Location is vital aswell in keeping sales higher. The market has changed and the demand is for quick supply, so that has to come in aswell. It's pointless having your distribution centre so far away that you can't get the goods there in day.The issue isn't cheap labour, the issue is that it should be advertised in this country first. Remember which parties favour making rules like this more common and which don't Glyn I'm quite happy to bow to Jenny's superior knowledge on this one. I am nothing if not magnanimous.For the avoidance of any doubt I would just like the other readers to know that the second paragraph above is aimed at Mr Wigley not me. BFYP has inadvertently posted in such a way that this was not obvious to the more gullible of you out there.For the avoidance of doubt for other more intelligent readers, it was aimed at you also. You spouted about infrastructure in this country which is actually still very expensive. It is also only any good for this country. Not many retailers have European bases here, just UK bases. The reason - cost and infrastructure.Thus you're wrong again there.
Do you know anything about footy 1967?BobG
frigging brilliant