Tuesday, March 18, 2008

For some, time change means profit

Last week in class we briefly discussed how time change is great for some businesses and not so great for others. Well I found an article that tells which companies tend to profit from the time change and which ones lose from it. Some of the companies that see a profit include sporting good companies because they rely on customers who love to work out and are more willing to take advantage of the entire day, filling it up with sports. Some of the companies who face a loss are TV Networks. This is because "when the hour shifts ahead, ratings decline briefly for the prime-time slots." I think it's extremely interesting that time change has to do with profits or losses. It never crossed my mind that they would even be connected. If you want to see some of the other companies that are affected click here!