Amazon.com
For better or worse, most of us have at least one of the 720 million little plastic cards that are used each year to complete $860 billion worth of purchases at 15 million incredibly varied merchant locations throughout the world. This is a far cry from the humble beginnings of these myriad credit, debit, and charge cards, which just a few decades ago were generally a perk offered only to elite customers for the acquisition of fine meals, hotel rooms, department-store goods, and oil-company products. They are now so common and such an integral part of our economy, in fact, that few pay them much mind--a situation that makes David Evans and Richard Schmalensee's Paying with Plastic all the more interesting. Evans, senior vice president of National Economics Research Associates, and Schmalensee, dean of MIT's Sloan School of Management, meticulously trace the history of these cards from both the consumer and merchant perspectives in this surprisingly appealing volume, which will prove enlightening to anyone who ever wondered how plastic money works. --Howard Rothman
Book Description
The payment card business has evolved from its inception in the 1950s as a way to handle payment for expense-account lunches (the Diners Club card) into today's complex, sprawling industry that drives trillions of dollars in transaction volume each year. Paying with Plastic is the definitive source on an industry that has revolutionized the way we borrow and spend. More than a history book, Paying with Plastic delivers an entertaining discussion of the impact of an industry that epitomizes the notion of two-sided markets: those in which two or more customer groups receive value only if all sides are actively engaged. New to this second edition, the two-sided market discussion provides useful insight into the implications of these market dynamics for cardholder rewards, merchant interchange fees, and card acceptance. The authors, both of whom have researched the industry for more than 25 years, also examine the implications of the recent antitrust cases on the industry as well as other business and technological changes -- including the massive consolidation brought about by bank mergers, the rise of the debit card, and the emergence of e-commerce -- that could alter the payment card industry dramatically in the years to come.
Customer Reviews:
Great Overview.......2006-11-05
If you work in the payments, credit card or finance industry this book is great. It has a very easy to read history about credit cards, who knew Diners Club invented the category in the 50's. But more importantly is how the industry is moving forward and progressing.
Overall, this is a book you read if you need to, but I can't imagine anyone outside the industry reading it. You would have to be the most intellecually curious person in the world if you read this cause you were interested in how credit cards work.
Great book!!.......2006-01-04
I loved this book and how the author talks about the fine points of credit cards and how American consumers got hooked into it. A terrific read and it is money well spent, although FREE shipping would have been nice!
What's old will be new again.......2005-10-24
Paying with Plastic first edition has been revamped, rewritten and repositioned here with edition number two.
Most important, Paying with Plastic "2.0" addresses new developments of online payment processing. The authors correctly begin to question the requirement of a merchant set top box for reading "antiquated magnetic stripes".
"Old is new" item #1. Frank McNamara's Diners Club platform would cost about $50,000 to set up today. What's the next mutiny of merchants?
Old is new item #2. Sears starting up Discover and getting to more merchants tha American Express -all within 2 years. Moore's law (doubling within time) would suggest the next Discover would ramp up in less time.
Old is new #3. Industries in decline, lobby best. The payment industry's recently raised interchange rates. Does technology cost more?! No, but growth is stagnant.
Old is new #4. Whoops, John Reed (ex-ceo of Citibank) pulled their Visa membership (p14) and moved the Mastercard logo to the back. Why?! Pull the entire Citi into a closed loop - Citi wanted to be like Amex and Discover. There will be more banks doing this like Chase (Octogon) or MBNA (PayPass).
Old is new #5. Wal-mart as a bank. See Sears above in #2. Wal-marts pays fees to V/MC/D/Amex but they'd rather charge fees and lend money. Why just make $2.00 on the VCR when you can make $10 on the financing. By the way, I like the payment system name, "Wallycard"... just kidding.
A remarkable accomplishment.......2005-07-11
It is a very difficult and ambitious task to write a book about an industry combining indispensable facts and history, fundamental business aspects and subtle economic insights. Yet this is precisely what the authors have done for credit cards, the digital quantum leap in the evolution of payment instruments. It is a very rewarding and fun read, providing the equivalent of a comprehensive 3D animated view of the organization of credit card companies (not-for-profit associations like Visa or for-profit firms like American Express) and of the complex ecosystem that surrounds them: banks, merchants, cardholders, regulators, ATM networks, etc.
And the "lens" of "multi-sided platforms" that Evans and Schmalensee use to conduct their analysis turns out to be so appealing and insightful that one wonders how economists, policy-makers, business people and even casual observers managed to make any sense of this industry before.
Highly Recommended!.......2005-05-09
In this history of payment cards, David S. Evans and Richard Schmalensee provide an amazingly lucid account of a couple of unusual business models: the "two-sided platform," which in the use of payment cards means walking a tightrope between the interests of merchants and consumers; and the "co-opetitive," in which the bank members of MasterCard and Visa cooperate in developing industry practices while competing for business. The authors, who are both former Visa consultants, sound like your favorite college professors - up to date and extremely sophisticated, yet friendly and anecdotal (at one point, they describe a Shell gas station near MIT to make a point about competition among cards). They typically begin chapters with easily understood notions from which they methodically build complex structures of ideas and information. Another virtue of the book is its concreteness - although that occasionally devolves into repetitiveness - starting with an explanation involving electronic signals and following the paper path of what happens when you hand your credit, debit or charge card to a cashier. The authors even consider the design and manufacture of the cards themselves. We recommend this book as essential reading for those in the banking or payment card industries; and it's not a bad idea for card users to read it - which these days means you...and just about everyone else.
Book Description
37 Harvard-style cases featuring top companies competing in the New Economy. Cases are organized to facilitate discussion of the decision-making process for formulating New Economy enterprise strategy. The presentation mirrors the organization of the eCommerce textbook written by the authors.
Book Description
The Internet is changing the world—including the world of people-to-people marketing. With Quixtar, that world of opportunity just got bigger. Launched with great fanfare on September 1, 1999, Quixtar is a revolutionary Internet portal that provides unprecedented opportunities to people of all walks of life.
The Quixtar Revolution takes you behind the scenes of Quixtar's development and spectacular launch and gives you exclusive interviews with the visionaries who built this online superstore. You'll meet the Devos and Van Andel families, who saw the need for a strikingly new business model, and you'll discover how their vision captured the imagination of such business giants as Microsoft and IBM. But most important, you'll learn how thousands of people just like you are taking advantage of the incredible new opportunities the Internet offers.
For more information visit //www.quixtarrevolution.com
About the Author
Coy Barefoot, journalist and author, has written extensively about e-commerce and marketing for magazines and business journals. He studied anthropology at the College of William and Mary and earned his master's degree in cultural anthropology for the University of Virginia. He lives in Charlottesville, Virginia, with his wife, Alison.
Customer Reviews:
I don't need to read the book I lived it!.......2004-01-28
Well, it is quite funny to read all these reviews and I thought I would put my 2 cents in. Quixtar is not Amway unless your a negitive uniformed idiot, businesses change over time. Most of the negative reviews are from people who did not work the business properly, and or could have been in a bad organization, and or were sponsored by an idiot. I was an Amway Distributor as it transitioned into Quixtar, 1995-2001. I have to say that this business changed my life and helped a young buck like me grow up a little bit. I could give you a bunch of negative excuses about why my business failed too, but instead I will be honest. The bottom line is that I didn't STP 10+ per week, if I would have I might still be in and making a bunch of money. See in this business you get paid to help people build their business. It doesn't work if you don't help them sincerely. It takes blood sweat and tears baby to make this thing work. Don't be disolutioned it ain't socialism, its All American, you have to overcome a tremendous amount of negative to get wealthy(putting up with idiots, backstabbers, and gossoping etc..), it's a people business. If you can't hang just be honest with yourself and get out, don't bad mouth it. Try it! What do you have to loose? Do it for a year, and give it all you got, you won't be sorry. This, unlike some of the other decisions I've made in my life was up there in the top 5 good ones. I did go into alot of debt building my business, but that was my decision, it was worth every penny to me. You don't have to go into debt to build it, if you listen and work it hard, and make the business pay for itself. I went into debt because I didn't listen and work it hard like I was told to. I worked it, but not hard. This will be a great endeavorfor you, go for it! Go Britt team! Maybe I'll see ya again someday.
i'm so tired of this.......2004-01-23
i'm so tired of hearing people knock quixtar. first off if you create a cd do you not want to sell it? if that cd can reach someone who is on the fence is it not worth promoting? i personally got involved after i heard a cd, doesn't that make it possible that you may eventually buy a cd that gets someone else involved? for those people that don't like quixtar because of the selling of motivational products... look at all the cd's you buy and throw them away and whatever you do do not go to their concerts.... heaven forbid they get their message out. that is what the cd's, seminars, etc. are created for.
Making your own way by listening to the right people.......2002-12-31
Great book for the average person with the desire and intelligence to create their own future but lack the large financial resources generally needed to break into the business owner world. If I had listened to the quitters and detractors I wouldn't be headed for the life I've always wanted. When I read attempts at making negative comments like this one:
--"The book should have told the truth that flipping over a forty-plus-year-old company into a new name is not the same as a new company!"--
I have to laugh, because it actually shows the credibility and perservance of a company that has lasted FORTY-PLUS-YEARS! Many traditional companies have never made it that long. And in this day and age, if a company truly operated a scam, I seriously doubt our govt. would let it go on for FORTY-PLUS-YEARS! Which brings any intelligent thinking person to the conclusion that this business model works if you work the business model.
This corporation is well-established, recognized the world over, has come under the srutiny of our govt. in the past and from many others, and passed, to continue its tradition of giving those who desire to change there lives one of the best opportunities that exist in our country today.
People, make your own informed decisions about this business. Don't listen to well intentioned people who put their own spin on it. You owe it to yourselves to get ahold of this information and then decide, for yourself, if it is what you want.
An Interesting Read.......2002-12-13
The book was interesting, to say the least, for anyone involved or thinking about becoming involved with the Quixtar business. Lots of insight and background on the business startup in 1999.
In reading some of the other "book reviews" entered on Amazon[.com], I find it amazing how the writer likes to "sound off" with nothing but negative comments and how Quixtar is just Amway, etc. etc.
This area is for book reviews, not a sounding board for discontented distributors who quit the business because they found it too hard.
This message board is all about the books. Lets keep it that way.
Amway by any other name (Quixtar) is still Amway.......2002-12-04
Although well written, there is deception in the build-up of ths "new" company, when it is Amway repackaged. Not LIKE Amway. Quixtar IS Amway. Just tell the truth, guys--their reputation had become so bad by deceiving people into attending meetings thinking they were going out to dinner, or going to a "tax seminar", or a meeting on "saving our economy"--they had to change their name! They HAD to quit loading big inventories on people, because the government was coming after them. So they switched to online ordering. So what. It is still overpriced products with a gimmick (hoping to get rich if I just hang in there) and having to spend a mandatory [particular amount of money] or so a month to get a measley little check. You dare not fail to order the [particular amount of money], or you'll lose your "organization". Of course, some will earn big bucks, but it is because gullible, sincere people are losing money. The sad part is, they'll defend it with their lives because the expensive tapes and CD's and the books they buy teach them to do so. This "screw-your-buddy" kind of wealth is shameful. The book should have told the truth that flipping over a forty-plus-year-old company into a new name is not the same as a new company!
Average customer rating:
- There's a reason why used copies go for [cheap]
- This book holds no water
- Alter Wein in neuen Schläuchen
- Overview of e-Markets & PwC Advert
- Business Newbie likes Metacapitalism
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MetaCapitalism: The e-Business Revolution and the Design of 21st-Century Companies and Markets
Grady Means , and
David Schneider
Manufacturer: Wiley
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Introduction to Supply Chain Management
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The Goal
ASIN: 0471393355 |
Book Description
The period 2000--2002 will witness the single greatest change in global economic and business conditions ever-the realignment from traditional corporate structure to Internet-leveraged styles of brand-owning, customer-focused companies. This realignment is occurring now, even as you read these words. In MetaCapitalism: The E-Business Revolution and the Design of 21st-Century Companies and Markets, Grady Means and David Schneider-two of today's most influential and innovative global strategists-gather and make sense of the many changes the e-business revolution has fostered. Case histories and examples, from major corporations like Cisco Systems and major industries like the automobile industry, reveal how market leaders today are accelerating economic growth and value creation by capitalizing on the following:
Global expansion of market access
Better leverage of capital
Significant advances in operating efficiency
Improvements in the efficiency of capital markets
Dramatic unleashing of human potential and capital
It isn't a question of if your company will transform to an e-business model-it's a question of when. By 2002, virtually every major company in every sector will, by necessity, transform from a conventional to an e-business model. MetaCapitalism sets out the strategies and impacts of this fundamental change and introduces the new concepts that will become a natural part of the business lexicon in the near future. In this new era of outsourcing and diminishing physical capital base, how will companies be valued by the markets? Can "brand-owning" companies-as opposed to manufacturers-maintain sufficient controls and systems to guarantee that their network partners are well integrated with each other and the marketplace? How will "value-added communities"-both horizontal and vertical-support brand owners in dramatically reducing costs, increasing quality, and responding rapidly to customer demand and market shifts? MetaCapitalism answers all these questions and more, backed by the trusted experience and leadership-and market-driving innovation-that have always characterized the PricewaterhouseCoopers team. This thought-provoking book presents a template for success in the rapidly developing world of business-to-business e-business-a world which tomorrow's leaders must begin to understand and master today.
Customer Reviews:
There's a reason why used copies go for [cheap].......2003-06-25
This is a book that I read during the internet frenzy and recently revisited.
During the frenzy I thought it did a decent job of defining various roles a product producing or telecom company can have, separating a company to it's functional componenets, and did the usual job of having a company focus on it's core competencies. It only addressed supply chain companies, a card that was overplayed back then, yet a decent area of improvement with the application of the internet.
Yet it seemed like the authors struggled on every page to not say that Cicso is great, all companies should be Cisco, and if you hire them they wil make you into a Cisco by copying what Cicso did, and you'd get a Cisco market multiple. The catch is a variety of factors helped Cisco evolve organically, and a retroactive fit is risky in the sense that it would be artificial and thus unsustainable. Also, the whole think-tank and incubator type centralized company was en-vouge and this book tried to compliment a potential client/company that they could be in that special inner circle. Yet not everyone can be a chef in a time of limited kitchens, busboys, customers, etc. Beyond that, it seemed like the normal strategic rhetoric of putting your company in the middle of some diagram or four box chart, or citing some survey from what is most likely a 24 year old's opinion when faced with a deadline. A final reaction from reading it in 2000 was that it was also free lottery ticket in the sense that the salesmen authors tried to sell a major major overhaul to firms, and as career consultants it would be unlikely that they would be able to implement or take responsibility. But lottery tickets were free back then.
Now that I've revisited the book, I see that it was actually a joke even with the hindsight bias. If a company divests all assets and becomes a brand name, it brings tremendous risk into it's ongoing existance. This is underscored by the fact that all poster child companies mentioned in the book are now either out of business or trading [cheap], with the exception of course with Cisco.
The value in the book now would be similar to the Pets.com puppet, or putting one share of webvan in a picture frame. The catch is that nobody cared about this book back then, so it loses it's nostalgic value.
This book holds no water.......2002-10-24
This book is merely a sales pitch written by PwC executives looking to drum up e-business sales. It is full of "e" cliches and flies in the face of accepted business theories -- such as transaction cost economics. This type of thinking by top PwC partners is clearly the reason why that firm is currently merging with IBM Global Services.
Alter Wein in neuen Schläuchen.......2001-01-09
Die Autoren verkaufen alten Wein in neuen Schläuchen. Verschiedenste Managementkonzepte wie das Supply Chain Management oder der Trend zum Outsourcing sind altbekannt. Das einzige, das den bisherigen Trend vorantreibt oder verstärkt ist die technologische Entwicklung, welche die Autoren ebenfalls erwähnen.
Das Buch lässt sich theoretisch auf vier Seiten zusammenfassen. Es werden neue Ausdrücke kreeirt, welche - wenn überhaupt - nur dürftig erklärt werden. Den Diagrammen mangelt es an Aussagekraft, die auch im Text nicht wettgemacht wird. Verschiedenste aneinandergereihte Schlagworte tragen zu einem erschwerten Verständnis bei. Argumentativ befinden sich die Autoren auf tiefem Niveau. Es erstaunt nicht, dass die Autoren dieses Werk in zwei Monaten fertiggestellt hatten. Fazit: Als Anregung in Ordnung, aber sicher nicht kaufenswert.
Overview of e-Markets & PwC Advert.......2000-12-07
Aimed at business leaders, `Meta-Capitalism' offers an attractively presented, concise but unrefenced/supported PwC view of e-business markets.
Chapters span: B2B decapitalization revolution; Metcapitalism marketplace dynamics; B2B process models; Intelligent behavior of markets; B2B anecdotes; performance measures; and organizational transformation.
Strengths include: positive tone and brevity of descriptions; very attractive diagrams & tables; and a useful timely synthesis of content. The core message is: branding ("anti- Cluetrain Manifesto"), value-adding communities ("pro-Cluetrain Manifesto"), standard interlinking systems (processes; backoffice; SCM; CRM etc..) between end-customer through value chains to tiers of suppliers (products & services), and some basic financial ratios/measures. The author's also offer the formula e(b)= M(C)*2, representing B2B model= management (change times courage), emphasizing the energy of the new metamarketplace.
Weaknesses include: lack of referencing/ support for much public-domain anecdotes; superficiality of analyses & case studies; rather abstract theoretical discussions; numerous technical errors (some e.g.s include: description 90s manufacturing actually 80s; problems with granularity in figures including 2.14; JIT 80s not 90s; SCM superficiality (no emphasis forecasting problems, data accuracy, prioritization, APS, Kanban etc..(Prof Towill at U. Cardiff has much to say on this)); and CRM & intelligence confusion despite emphasis); numerous cliched "pop-culture" references (many movies covered) quickly dating content; summary & repetition from of author's other book (Wisdom of CEO); and an ultimate message seemingly a sales pitch for PwC consulting services (where those who succeed will have embraced ERP & CRM & business processes).
Overall, `Meta-Capitalism' is a good book needing more science & rigor (and better grasp of technology & operations in e-marketplace context), and case studies/support to be amongst the best. Useful as a discussion starter, perhaps with Deise et al's PwC 'Executive Guide to E-Business' (ISBN 0471376396); and Tyndall et al's Ernst & Young 'Supercharging Supply Chains' (ISBN 0471254371); and any operations management text by Wild, Mullins, or Slack for operationalizing & analysing markets, operations, and strategy.
Business Newbie likes Metacapitalism.......2000-08-26
I've been working as a web designer/developer, and now Information Architect for the past few years. I've been keeping track of the latest trends in software, code, applications, etc. My research has mostly been about bleeding-edge technology.
Now that my career MUST take into consideration the end-user (a trend that is confirmed throughout the book: customer focus), and how what is designed affects the end-user, my research focus has changed. Meta-Capitalism has steered me in a good direction and has clarified my responsibilities as well as for those who are transitioning their services to the Web.
As I focus on the B2B2C world, Grady Means and David Schneider have outlined a paradigm with caveats that will help shape my perspective on the future. The authors also provide a decent reading list to follow-up on themes discussed in the book such as real options theory.
This book also serves as a starting point for evaluating e-biz companies for investment opportunities.
MetaCapitalism covers the fundamentals for the ensuing direction of e-business. A MUST read for those who intend to work in the Internet business beyond cashing in their stock options.
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Architects of the Business Revolution: The Ultimate E-Business Book
Des Dearlove , and
Steve Coomber
Manufacturer: Capstone
ProductGroup: Book
Binding: Paperback
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ASIN: 1841121088 |
Book Description
Architects of the Business Revolution is a journey through the remarkable new territory of e-business and the new economy. Dearlove and Coomber identify the entrepreneurs, radicals and thinkers who have made the greatest contribution to this new world. From wunderkinds like Marc Andreessen and Sabheer Bhatia and rocket scientists like Tim Berners-Lee and Vinton Cerf to visionaries like Don Tapscott and Esther Dyson and business engineers like Scott McNealy and Jim Clark, these are the guys and girls you have to know about. Beyond the individuals themselves, Dearlove and Coomber take ideas into action and offer practical guidance drawn from these pioneers.
Customer Reviews:
Insightful!.......2001-02-23
Authors Des Dearlove and Stephen Coomber present capsule biographies of 50 individuals who have played a major role in the spread of e-business. Besides providing some background on each person, these bios highlight their major contributions as individuals or through their companies. While many names and stories are familiar - Jeff Bezos, Larry Ellison, Bill Gates - others are less so, such as the developers of Google and Real Networks. The bios mix high-tech contributors, entrepreneurs and journalists covering the e-business revolution. Though the book has a brief introduction, it suffers from its alphabetical listing of the contributors, which presents the bios out of context. We at getAbstract.com say this book "coulda been a contender" if it grouped its bios in chronological order or by field, and offered introductions to local sections of that nature. Still, it's a useful encyclopedia of the selected individuals and a valuable e-resource.
Average customer rating:
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The E-Business Revolution & The New Economy: E-Conomics after the Dot-Com Crash
F. Gerard Adams
Manufacturer: South-Western Educational Pub
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Binding: Hardcover
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ASIN: 0324271514 |
Book Description
Rapid, technological change is having the most profound influence on how we conduct and organize business. Not to be aware of changes underfoot is a disaster. Despite the particular circumstances and events of the dot.com economy we do not have a "mature" economy, but one that is dynamic and growing. F. Gerard Adams defines and explores the new economy and the future of E-Business.
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e-Finance: The Electronic Revolution
Erik Banks
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ASIN: 047156026X |
Book Description
Digital finance is the latest hot topic as financial institutions grapple with the impact of e-commerce. Electronic trading, managing e-commerce risk, B2B exchanges, e-brokers, Alternative Trading Systems (ATS) are all bringing opportunities and challenges to the financial sector. eFinance examines all these areas and provides a readable, non-technical overview of this dynamic sector.
The book takes a look at the development of e-commerce business models, as well as the technology and the funding of digital finance. eFinance then moves on to explore the financial services that are available to both institutional and individual customers outlining the advantages and disadvantages of traditional and virtual banking and exploring potential areas of growth and future developments focusing on competition and market structures.
- Contains numerous industry examples that illustrate the expansion, failures, successes and future of digital finance, including Schwab, Fidelity, Citibank, London Stock Exchange/Deutsche Boerse, Egg/Prudential, Reuters, Yahoo Finance, Virgin
Customer Reviews:
Amazing!!.......2001-07-15
A comprehensive book on a new and exciting topic. I have read all of Mr. Banks' other books and would highly adding those and this new one to your finance library. He has a way of making complex topics understandable.
Average customer rating:
- The Electronic Selling Sea Change
- Good approach !
- Learn from the past, anticipate the future...
- Valuable Content - Poorly Presented
- Valuable Content - Poorly Presented
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E-Shock: The Electronic Shopping Revolution : Strategies for Retailers and Manufacturers
Michael De Kare-Silver
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ASIN: 0814404979 |
Book Description
Mass electronic commerce--it's a whole new realm of consumerism, a virtual 24-hour, worldwide sales arena, a burgeoning retail revolution--and it's happening right now. Sounds like heaven for retailers and manufacturers. Right?
Then why are so many businesses in electronic shock, risking extinction rather than embracing the inevitable evolution of shopping? This illuminating guide explains why, discusses the growth of electronic shopping--and helps businesses overcome their uncertainty and inertia.
At the heart of e-shock is the "ES test"--designed to help businesses decide how their company is going to be affected by the revolution and determine the level of response required. Then, e-shock provides 10 strategies to help retailers and manufacturers map a path through the new market challenges and develop a clear, long-term strategy for growth and success in the electronic marketplace.
Customer Reviews:
The Electronic Selling Sea Change.......2000-11-28
De Kare-Silver wrote "E-Shock" to help retailers and manufacturers understand the online marketplace evolution. Full of case studies and examples, he provides practical guidelines, tools, checklists, and strategies for decision-makers.
This book gives you the information to make informed choices, formulate heads-up sales strategies, and create savvy 21st century marketing plans.
Good approach !.......2000-04-29
An original book (yes there are with e-something) about dedicated "click and mortar" companies approach to the web.
It comes with a full set of tools (tests, frameworks, ...) that are very useful to practicionners
Most of the facts at the detailled level are relevant and informative the only pitfaall is that most analysis are initiated not truly deepens.
Learn from the past, anticipate the future..........2000-01-28
This book stood out when I first saw it at an American Management Association book store. The author focuses on the successful pioneers of the E-commerce revolution, and he helps us anticipate the future. A number of practical e-commerce business strategies are also offered for aspiring Web-preneurs. You can't ask for much more!
Valuable Content - Poorly Presented.......1999-08-18
There is some valuable info in this book, but nothing you wouldn't find in any other eCommerce publication. The problem here is run on sentences, improper grammar, typographical errors, and a huge rally around business in the UK (rather than the US or international). If you are looking for a great visionary book on eCommerce try Tom Siebel's "Cyber Rules." This book isn't worth the money!
Valuable Content - Poorly Presented.......1999-08-18
There is some valuable info in this book, but nothing you wouldn't find in any other eCommerce publication. The problem here is run on sentences, improper grammar, typographical errors, and a huge rally around business in the UK (rather than the US or international). If you are looking for a great visionary book on eCommerce try Tom Siebel's "Cyber Rules." This book isn't worth the money!
Average customer rating:
- Excellent Primer ý This Book Is on the Money for New Traders
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The Sixth Market: The Electronic Investor Revolution
Howard Abell ,
Robert Koppel , and
Ken Johnson
Manufacturer: Dearborn Trade
ProductGroup: Book
Binding: Hardcover
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ASIN: 0793139139 |
Book Description
What will the future of trading look like? What can online investors and traders do today to prepare for and profit from the inevitable changes that are coming up over the next few months or years? Drawing from their collective 60+ years of trading experience, best-selling authors and traders Abell, Koppel and Johnson peer into the future for online investors and traders to answer these questions.
Mapping the digital landscape, they review the results achieved by technological changes that have already attracted legions of investors to electronic trading exclusively, and pinpoint the greatest profit opportunities for investors in equities. Moving to a 24/7digitized market means lightning-fast changes. The skills required to succeed must be laser sharp. Abell, Koppel, and Johnson give traders the inside scoop on how to:
*identify what to expect and how to prepare accordingly
*determine when the changes will occur to time appropriate strategies
*profit in the electronic trading arena
Customer Reviews:
Excellent Primer ý This Book Is on the Money for New Traders.......2001-03-18
The Sixth Market is an excellent primer for new securities traders. It is well written, easy to read, and explains the subject of trading in a simple, but uncomplicated manner. The three authors combined 60 years trading experience provides readers with the basics for understanding what trading is all about and what is required to succeed. The authors are not only traders, but are also educators, and two of them have written numerous books on trading.
The first part of the book provides a short historical perspective on the securities markets from the beginning until the present time (Sixth Market refers to self-directed traders who trade electronically). The book also contains a 14 page glossary and a list of recommended reading, selecting a broker, and getting the right computer and trading setup.
More than half the book is devoted to the Six Steps necessary to prepare for trading. It is a comprehensive approach that includes:
1. Building Self-awareness ( goals, trading style, success factors, and discipline) 2. Learning Market Fundamentals (markets, orders, Level II, short sales, trading rules, selecting broker) 3. Understanding Charts (market psychology, candlesticks, support and resistance, moving averages) 4. Trading From Reliable Chart Setups (High probability patterns, trading plan, gaps, exits) 5. Mastering Your Trading Plan (risk and reward, money management, discipline) 6. I Don't Have the Willpower to be Disciplined (self-directed study)
Theey to trading is a solid education, discipline, and a trading plan. That is what this book covers, and that is why is great for beginners. There is no fluff in this book or war stories just the facts. I highly recommend this book to those just starting out in trading.
Average customer rating:
- Do you like nice little stories?
- Packed With Knowledge
|
The Supply Chain Network Internet Speed: Preparing Your Company for the E-Commerce Revolution
Fred A. Kuglin , and
Barbara A. Rosenbaum
Manufacturer: AMACOM/American Management Association
ProductGroup: Book
Binding: Hardcover
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ASIN: 0814405959 |
Book Description
The power of technology is completely transforming business operations, radically boosting speed, efficiency, and shareholder value. One of the newest and most promising applications of electronic technology is in supply chain management, the distinctly unglamorous but absolutely essential steps that take place between procuring raw materials and shipping final products.
For executives and managers involved in manufacturing supply chains--whether suppliers, manufacturing assemblers, wholesalers/distributors, retailers, or transportation providers--this practical, step-by-step guide explains how to create cost-effective, state-of-the-art fulfillment capabilities.
Packed with relevant examples, each chapter focuses on improving supply chain technology, processes, and people in specific industries, including: * Retail * Consumer products * E-trading communities * High-tech manufacturing * Hosted applications * Automotive * E-exchanges * Oil and gas * Transportation * E- business front-end * Health care pharmaceuticals, and more.
Download Description
The power of technology is completely transforming business operations, radically boosting speed, efficiency, and shareholder value. One of the newest and most promising applications of electronic technology is in supply chain management, the distinctly unglamorous but absolutely essential steps that take place between procuring raw materials and shipping final products. For executives and managers involved in manufacturing supply chains -- whether suppliers, manufacturing assemblers, wholesalers/distributors, retailers, or transportation providers -- this practical, step-by-step guide explains how to create cost-effective, state-of-the-art fulfillment capabilities. Packed with relevant examples, each chapter focuses on improving supply chain technology, processes, and people in specific industries, including: -- Retail -- Consumer products -- E-trading communities -- High-tech manufacturing -- Hosted applications -- Automotive -- E-exchanges -- Oil and gas -- Transportation -- E-business front-end -- Health care pharmaceuticals, and more.
Customer Reviews:
Do you like nice little stories?.......2001-08-14
The book does not deliver on what it promises. The structure is ok, and the goal of presenting different problems with solutions from different industries is good. But then, the book dives into telling little stories about unnamed CEOs, and how they reacted to their respective e-challenges. This setting tries to make the challenges more personal, and it even includes "The CEO's daughter's birthday".
Either you like this style, and then you will like the book, or it will set your teeth on edge.
Packed With Knowledge.......2001-07-04
Wade through the technical jargon and dive directly into this deep pool of operational intelligence on the complexities of modern supply-chain management. Fred A. Kuglin and Barbara A. Rosenbaum provide step-by-step guidelines on how to put e-based solutions into effect throughout your supply chain to achieve cost effectiveness (that is, save money). Using the CEO's perspective, they describe a series of supply-chain approaches designed to address issues like capital requirements and production costs that drive company valuations. The book, which is forthrightly technical, is targeted to the CEO or high-level executive in charge of operations. We [...] highly recommend this book to this select audience, and commend the authors on their useful mix of charts, illustrations and dramatizations to illustrate supply-chain problems and solutions.
Books:
- Physical Asset Management Handbook
- Power Failure: The Inside Story of the Collapse of Enron
- Practical Financial Management
- Practical Lean Accounting: A Proven System for Measuring and Managing the Lean Enterprise
- Pro BizTalk 2006 (Pro)
- Professional ASP.NET 2.0 Special Edition (Wrox Professional Guides)
- QuickBooks 2007 The Official Guide
- Quicken Willmaker Plus 2007 Edition: Estate Planning Essentials (Book with CD-ROM)
- Real Estate Loopholes: Secrets of Successful Real Estate Investing
- Restaurant Financial Basics
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