We provide resources and information to help Canadians get their businesses going and growing. Adam Smith ‘s book The Wealth of Nations, published in Great Britain in 1776, distinguished between the outputs of what he termed “productive” and “unproductive” labor. The former, he stated, produced goods that could be stored after production and subsequently exchanged for money or other items of value. The latter, however useful or necessary, created services that perished at the time of production and therefore did not contribute to wealth. Building on this theme, French economist Jean-Baptiste Say argued that production and consumption were inseparable in services, coining the term “immaterial products” to describe them.
IBM customers like the Australian Bureau of Statistics, which received a refund from IBM for botching an online census with naïve security advice, may not agree. Nor may marketing giant WPP, which has a colossal outsourcing deal with IBM but still succumbed to the NotPetya malware and experienced weeks of disruption as a result.
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Those plans appear to have been hatched by Bain & Company, as IBM engaged the consultancy for a dose of the business services the letter we’ve seen claims IBM is very good at doing all by itself. Customized financial services that offer convenience, value and flexibility for you and your business.
BASF Business Services GmbH is a wholly-owned group company of BASF SE, whose service portfolio ranges from managing and operating supply chain and logistics, designing and optimizing business processes throughout the value chain to the consulting, development and operation of IT systems. 1,700 of the approximately 2,000 employees work at the Ludwigshafen site (as of December 31, 2016). BASF Business Services, whose headquarters are located in the south of Ludwigshafen, has 14 sites in Europe. The BASF subsidiary is certified according to the international quality management standard ISO 9001:2008 and through BASF SE is certified according to the international information security management standard ISO 27001:2013.