Hold it right there: consumers expect discounts these days, and businesses raise prices at their own peril

Article Abstract:

The culture of discounting and the mindset of consumers regarding expecting decreasing prices, makes it difficult for businesses to raise their prices even though the cost of raw materials and imports have increased. Australian economy is very buoyant, but household debts and interest rates are increasing, making it impossible for businesses to increase prices, thus forcing them to concentrate on productivity rather than on increasing prices.

Evaluation, Beliefs, opinions and attitudes, Inflation (Finance), Inflation (Economics), Discounts (Sales), Business economists, Schwartz, Bob

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Clever technology provides an edge

Article Abstract:

The Fast 100 companies of Australia use information technology (IT) for competitive advantage by integrating it into back office operations at a lower cost. Most companies suggests that getting right IT is a key element of running a fast growing business.

Information Systems & Theory, Usage, Information technology

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Strategies for slowdowns

Article Abstract:

Companies adopts cost control and diversification into new market when growth starts slowing down. They stay open to new developments, allow the business model to evolve and use a phase of re-investment to position the business for renewed growth.

Market development

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