Growth with a difference

Article Abstract:

British farmers are diversifying into non-traditional activities as their incomes plunge to a record low since the Second World War. The farming industry is suffering from the effects of food scares, cuts in government subsidies, high interest rates and stringent regulations. The collective debt of British farmers has already reached 7.4 billion pounds sterling. The industry's lack of profitability is causing farmers to search for alternative sources of income. Farmer Bob Dockerty of Kent, England, for instance, has started his own brewery business. Others are entertaining the idea of developing golf courses, bottling water from springs, offering pony trails, opening bed and breakfast places or extracting sand and gravel from the land. The government is offering some financial support for the farmers' efforts to find other sources of income.

General farms, primarily crop, Economic aspects, Farms

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Zeta Communications: innovation begins at home

Article Abstract:

The 1989 Venture Award, co-sponsored by Lloyd's Bank and Accountancy, has been a warded to Zeta Communications Ltd, a small company in North Wales that manufactures data communication equipment. The company specializes in network management systems and multiplex equipment and one of its biggest customers is the BBC. As of 1989, Zeta, which invests 12.5% of income into research and development, controls one percent of UK market share and has a turnover of 2.1 million pounds sterling. The company's success has bolstered by the in-house design, production and installation of an integrated computer system for systems management including the operation of a just-in-time system to control inventories and keep stores at low levels.

Methods, Services, Accounting, Achievements and awards, Lloyds Bank PLC, Zeta Communications Ltd.

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Doing business with the Japanese

Article Abstract:

The UK and Japan traditionally have not been enthusiastic trade partners, but pressure is forcing the Japanese to open their markets and create a more level playing field. In addition, the appreciation of the yen has lead to foreign goods becoming more attractive to Japanese consumers. UK businesspeople doing business in Japan must adapt to doing business the Japanese way. The Japanese eschew short-term profits, will only deal with foreign companies if a product and price is right, and maintain a polite business atmosphere where harmony is prized.

Management, Japan, Japanese foreign relations, British foreign relations

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