Business Commentary for Rational Individuals : 

Issue III

                                                                                                          

Return to Issue II.                                                                                            

Proceed to Issue IV.

 

Higher-Ed Accreditation is Under Fire:

Dr. Bill Belew:

June 22, 2006:

This article by Dr. Belew implies that technological progress is rendering older school accreditation criteria obsolete; some resources like classroom space are becoming less relevant, while others like innovation and financial stability are becoming far more important. The for-profit educational institutions would fare better under newer criteria, because financial stability (along with money-making) is one of their foremost aims.

 

Where's the Oil in Asia? China and India Team Up:

Dr. Bill Belew:

June 22, 2006:

Dr. Bill Belew explains how Chinese and Indian oil companies have collaborated to purchase an oil field in Syria and therefore have found ways around the Far East's scarcity of oil deposits. Instead of engaging in political conflict and confrontation, China and India have decided to take the route of economic cooperation -- which will enrich their residents in the end. 

 

Oil's New Ball Game:

Dr. Bill Belew:

June 22, 2006:

Today the oil market is much more restricted than it used to be, because governments own the vast majority of the world's oil -- which puts those governments' private partners in constant danger of expropriation and political attacks. This artificial government-imposed scarcity of oil is a reason Dr. Belew sees for exploring alternative energy sources -- especially nuclear energy -- to overcome the barriers foreign governments erect against private oil extraction. 

 

Motorola Takes on Russia:

Dr. Bill Belew:

June 22, 2006:

Russia's corrupt bureaucracy and rapidly expanding government are quickly becoming impediments to legitimate business there, writes Dr. Belew. A prime example of this trend is the Russian government's recent confiscation of $2 million dollars' worth of goods from Motorola. We at TRBJ hope that Motorola continues to staunchly resist the Russian regime's attempts to steal the rest of its property.

 

How New Graduates Can Succeed in American Companies:

Dr. Bill Belew:

June 22, 2006:

General Electric's CEO Jack Welch has some advice for American college graduates on what companies expect; Dr. Belew relays this advice. A company employee, according to Welch, will be successful if he exceeds his bosses' expectations and continues to work industriously to improve the company and help it meet goals and challenges. Quiet but persistent hard work is indeed the key to success.

 

Making Money Off of Students:

Dr. Bill Belew:

June 22, 2006:

Some parents are willing to pay enormous money to college counselors to help train their children to maybe be accepted by colleges, writes Dr. Bill Belew. It seems that there is no end to the lengths to which many of today's American parents are willing to go to get their children into desired colleges; such is the prestige conferred by a college education. Perhaps such expenditures are imprudent; perhaps not everyone is suited for a college education; perhaps the people who should strive for one are the people who can get into colleges without  paying money for special preparation. Read this interesting analysis of a growing attitudinal trend in education.  

 

Why Online Learning Will Continue to Grow:

Dr. Bill Belew:

June 22, 2006:

Dr. Belew presents a list of five reasons why he thinks online education will continue to expand: the advent of high-speed Internet, higher demands from employers and the global economy, universal accessibility, profit opportunities, and the availability of opportunities to get ahead. Online learning will grow because it helps many aspiring individuals conveniently achieve their goals and prosper.

 

U. S. Airlines Lose More Business to Asia:

Dr. Bill Belew:

June 25, 2006:

Service quality on renovated Asian airlines like Cathay Pacific and Singapore Airlines beats American airline services, hands down, writes Dr. Belew. These dynamic, innovative airlines are actually making profits while the heavily pampered, regulated, subsidized American airlines are floundering. Perhaps it is time for the American airlines to learn some lessons from their Asian counterparts. 

 

Making Business Deals in India and China:

Dr. Bill Belew:

June 25, 2006:

Many Indian students come to the United States to learn new job skills and advance their careers. But now many American students have also begun coming to India with similar intentions. Dr. Belew writes about this emerging trend and the corresponding realization that doing business with other countries requires extensive first-hand knowledge of those countries.

 

ForPro Education Shares are Down:

Dr. Bill Belew:

June 25, 2006:

Although the stock of many for-profit educational corporations has slightly declined recently, the quality of education they provide has not, writes Dr. Belew. Besides, this is no grounds on asserting for-profit services' educational inferiority to traditional colleges, because traditional colleges refuse to operate on a for-profit basis on principle; the financial data of the two types of schools thus cannot be compared. 

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