I was going to link but oddly the Dallas paper cannot find its own article under the search for
Professor Elam
Accounting & Investing Info for San Antonio A & M
about
5 responses to “The New Normal”
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The new normal regarding funeral expense does seem to be a trend because of the economic conditions. People are looking at cost to bury their family members. Wooden caskets were normally used in the past and then caskets are at almost out of control cost in the present. A 360 cycle has developed which we are ending up in the 1900 procedures again.
While the airline industry was experiencing crude oil hitting record high and gasoline was retail price of $4.00 a gallon everyone was thinking mass transportation was going to be the escape mechanism. The airlines experienced a short bubble of increase percent until prices of crude oil and gasoline crashed during the past 6 months. Meanwhile as if the conversion back to individual automobile methods seems like the airports and airlines are making a bad case even worse by causing fustration at the check in counters with security and now operate during the economic adversity..LikeLike
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With video conferencing there is no waiting line and one is not wanded or shoeless.
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In regards to the outrageous costs of funerals, I feel that it was simply a matter of time before people began to find alternatives. While I do believe that the economy may have expedited the process, eventually people were going to wise up. Personally, I hate the idea of making my family buy an expensive box they’re going to turn around and burry six feet in the ground. Regardless of the amount of money I make, practicality would still reign over this decision. Why don’t they spend the money on a vacation to scatter my ashes? On that note, most cremations still require the family of the deceased to purchase a coffin. Wow… I hope that I’m buried face down in a class topped coffin so the funeral industry can kiss it.
Video conferencing tools such as Skype and Cisco are extremely useful tools in the modern business environment, but being the social person I am, I often need to speak to people in person to truly convey a message. While tools such as these may significantly reduce the amount of travel, it can in no way eliminate it completely. Additionally, in many cultures, a face-to-face physical presence is needed to gain trust, express competence, and conduct business in general. I wonder how (and how long) it will take providers to overcome these barriers, as well as how much profit these providers will make when it happens.
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Cisco used the last season of 24 to demonstrate some of their products, the conversation that powers booth as president ad with a president of an african country was most impressive, the large as life screen made each seem as though they were in the room
I will be going to chicago in Sept, and yes I want the face to face, after that, hello Cisco…LikeLike
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Call me old fashioned but I prefer the face-to-face interaction over video or plain telephone conference. Body language can not be seen with telephone conferences unless there is video. And what if there is a malfunction with the video feed? Then What? WHO knows the way technology is moving, maybe we will one day get to the Star Wars movie, of having a replica illusion be in front of your eyes…yikes.
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