What is recession?
This Story is about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs. He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and use to sell more. He recruited few more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from College, joined his father. Then something strange happened. The son asked, "Dad, aren't you aware of the great recession that is Coming our way?" The father replied, "No, but tell me about it." The son said, "The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times.." The man thought that since his son had been to college, read the papers, listened to the radio and watched TV, he ought to know and his advice should not be taken lightly. So the next day onwards , the father cut down the his raw material order and buns, took down the colourful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his hotdog stand. And his sales started coming down rapidly, same is the profit. The father said to his son, "Son, you were right". "We are in the middle of a recession and crisis. I am glad you warned me ahead of time." Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do! The tragedy today is that there are many walking encyclopedias that are living failures. The more practical and appropriate views on this economic recession is: "This is the time to reunite together for any small or a big organization." RAMA IYER | Asst. Manager - Renewable Energy Div | Essar Power Ltd | Essar House, 11, K. K. Marg, Mahalaxmi, Mumbai - 400034 | T + 91 98197 31335 | +91 22 6660 1573 (Ext.4523) | E [email protected] | www.essar.com P Please don't print this e-mail unless you really need to. -------------------------------------------------------------------------------- Disclaimer: The information contained in this electronic message and in any attachments to this message is confidential, legally privileged and intended only for the person or entity to which this electronic message is addressed. If you are not the intended recipient, please notify the system manager and you are hereby notified that any distribution, copying, review, retransmission, dissemination or other use of this electronic transmission or the information contained in it is strictly prohibited. Please accordingly also note that any views or opinions presented in this email are solely those of the author and may not represent those of the Company or bind the Company. This message has been scanned for viruses and dangerous content by Mail Scanner, and is believed to be clean. The Company accepts no liability for any damage caused by any virus transmitted by this email. www.essar.com < http://www.essar.com/ > . --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "VaniV88-89" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/VaniV88-89?hl=en -~----------~----~----~----~------~----~------~--~---
