Sunday, December 31, 2006
New Year's Eve/DayOnomics
The liquor, beer, pork, and black eyed peas business is at an acme every new year. If the aforementioned businesses could only stay consistent throughout the year, they would reap major profits. I guess they should come up with some strategic idea to be more consistent. It would be really neat if they could promote New Year's day three hundred and sixty-five days a year, but that will never happen.
This little excerpt was just a little something to bring the New Year in Economically. There was no research done, just impromptu. I hope you all enjoy my little comedic moment.
Happy New Year,
Champ
This little excerpt was just a little something to bring the New Year in Economically. There was no research done, just impromptu. I hope you all enjoy my little comedic moment.
Happy New Year,
Champ
Labels: Life
Friday, December 15, 2006
Bar WaitressNomics
There is a simple strategy for a waitress working in a bar to earn lot of cash. There are a lot of waitresses that understand the economics of working in a bar, then there are others that hold stereotypes and misunderstand. I like to refer to these girls as the smart and the stupid.
The stupid show up with a bad attitude and hope to make dividends off of good looks. Some people fall for it, but then there are others that pay attention to their surroundings. The stupid tend to treat some customers better than others in plain sight. That is simply a strategy that should be forbidden by all waitresses unless they just do not need the money. If they do not need the money, I can't see any reason that they would be out there working to begin with.
The smart on the other hand tend to treat all paying customers the same. They may come off as a bit of a flirt, but its all simply to make an extra dollar. They don't fend people off for the way they look or some bogus stereotype about not tipping. In return the waitresses with good will normally capitalize on the situation.
I have experienced the good and the bad. The good are the only women that ever get a tip from me. There is no need to be rude to new customers because of past experiences with people of the same category (ie...race, gender, or social status). Remember, be good and you shall be paid good. This is the type of job that can take any young woman through college that is paying her own expenses.
The stupid show up with a bad attitude and hope to make dividends off of good looks. Some people fall for it, but then there are others that pay attention to their surroundings. The stupid tend to treat some customers better than others in plain sight. That is simply a strategy that should be forbidden by all waitresses unless they just do not need the money. If they do not need the money, I can't see any reason that they would be out there working to begin with.
The smart on the other hand tend to treat all paying customers the same. They may come off as a bit of a flirt, but its all simply to make an extra dollar. They don't fend people off for the way they look or some bogus stereotype about not tipping. In return the waitresses with good will normally capitalize on the situation.
I have experienced the good and the bad. The good are the only women that ever get a tip from me. There is no need to be rude to new customers because of past experiences with people of the same category (ie...race, gender, or social status). Remember, be good and you shall be paid good. This is the type of job that can take any young woman through college that is paying her own expenses.
Sunday, December 10, 2006
Popcorn at the Movies
Many people have been pondering for years why popcorn at the movies cost so much. Not many people think on an economic level, but it is actually very simple. They cost so much because there's no other option.
The movie theatre had a monopoly on food once you're inside. Bringing food in is not permitted and there are no other vendors inside for competition. Therefore, the theatre can practically charge anything that they feel like and either you can accept it (buying it) or decline (not buying). Many people can't avoid temptation, so they end up buying anyway.
A way to fix this and/or alleviate this problem is not buying anything from the concession for a month straight everywhere. The theatre chains would eventually give in due to lost revenue.
The movie theatre had a monopoly on food once you're inside. Bringing food in is not permitted and there are no other vendors inside for competition. Therefore, the theatre can practically charge anything that they feel like and either you can accept it (buying it) or decline (not buying). Many people can't avoid temptation, so they end up buying anyway.
A way to fix this and/or alleviate this problem is not buying anything from the concession for a month straight everywhere. The theatre chains would eventually give in due to lost revenue.
