Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices.

Source: CNBC.com – video report

Date: Jan 22, 2021

Link: https://www.cnbc.com/2021/01/22/tgi-fridays-ceo-says-ending-the-tipped-minimum-wage-would-boost-prices.html

Questions for discussion:

  • What are the arguments for and against the decision to raise wages for these jobs?
  • What would you like to see done?

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Chevrolet is teaming up with Walt Disney World to reveal the all-electric Chevrolet Bolt EUV and Bolt EV on Feb. 14.

Source: MediaPost.com – video report

Date: Jan 20, 2021

Link: https://www.mediapost.com/publications/article/359734/chevrolet-partners-with-disney-for-bolt-reveal.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=121157&hashid=7T9TCmQZSDGbnu-424RuBQ

Questions for discussion:

  • Do you think co-branding is a good idea for Disney and GM?
  • What are the risks and benefits for each firm?
  • What ideas come to your mind when you think anout Disney? GM?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Mackey, co-founder and CEO of Whole Foods Market, talks retail expansion and new product development with fellow Texas entrepreneur Aishwarya Iyer, founder of olive oil upstart Brightland.

Source: INC.com

Date: Jan 20, 2021

Link: https://www.inc.com/magazine/202102/graham-winfrey/whole-foods-brightland-john-mackey-aishwarya-iyer-mentorship.html

Questions for discussion:

  • What is the formula for success, as recommended in this report?
  • Develop a brief business plan for a product of your choosing that follows the suggestions made in the report.

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: COVID-19 has been far from sweet for Godiva, which has decided to sell or close its stores across North America.

Source: CBC.ca

Date: Jan 22, 2021

Link: https://www.cbc.ca/news/business/godiva-stores-1.5883575

Questions for discussion:

  • Why is the firm closing its retail outlets?
  • Is it necessary for a firm like Godiva to own these outlets?
  • How should distribution be reconsidered?

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Bitcoin fell around 15% on Thursday, briefly tumbling below $30,000 before rallying later in the day. This is hardly the first time the price has swung wildly—volatility is Bitcoin’s hallmark—but Thursday’s events are notable because they were partly triggered by false rumors of an existential event: a double-spend.

Source: Fortune.com – video report

Date: Jan 22, 2021

Link: https://fortune.com/2021/01/22/bitcoin-price-double-spend-rumor-btc-usd-30000-blockchain-what-is-double-spend/

Questions for discussion:

  • Why did Bitcoin fluctuate in value so wildly?
  • Describe the “marketing and management” of Bitcoin.
  • How is Bitcoin similar to a company with products to sell?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: The alternative social network MeWe had 12 million users at the end of 2020. Barely three weeks into 2021 — and two since a right-wing mob attacked the U.S. Capitol — the company says it’s now passed 16 million.

Source: NPR.org

Date: Jan 22, 2021

Link: https://www.npr.org/2021/01/22/958877682/fast-growing-alternative-to-facebook-twitter-finds-right-wing-surge-messy

Questions for discussion:

  • Summarize the conflicting issues related to social media sites and the role of management attempting to control the online activities of their users?
  • Is subscription-based registration a solution?
  • How should the industry deal with the challenges presented in this report?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: President-elect Joe Biden and his administration are keen to undo much of what their predecessors did. Yet when it comes to one flagging Trump initiative— the opportunity zone program— Biden and the Democrat-controlled Congress could actually provide a big boost.

Source: Forbes.com

Date: Jan 15, 2021

Link: https://www.forbes.com/sites/jasonbisnoff/2021/01/15/after-rocky-start-opportunity-zones-could-boom-in-2021/?sh=52d4567d6cd4

Questions for discussion:

  • What are opportunity zones and how do they act to enhance economic development?
  • Do you think these are good ideas in general or should businesses be left to make decisions without special incentives?
  • How does this program affect other locations trying to attract business investment?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: National Football League lineman Ndamukong Suh tries to speak with Warren Buffett quarterly to catch up and solicit investment advice.

Source: CNBC.com

Date: Jan 17, 2021

Link: https://www.cnbc.com/2021/01/17/nfl-buccaneers-ndamukong-suh-using-warren-buffetts-advice.html

Questions for discussion:

  • Summarize the business and investing thinking of Ndamukong Suh, as presented in this report?
  • Do you think these lessons should be generally accepted by others?

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models.

Source: NYTimes.com

Date: Jan 15, 2021

Link: https://www.nytimes.com/2021/01/15/business/ford-mustang-ev-tesla.html?auth=login-email&login=email

Questions for discussion:

  • Do you think Ford can gain on Tesla in the race to attract EV buyers?
  • How important do you think the company brand is in the decision-making by buyers?
  • How should competing car companies strategize in this emerging global marketplace for EVs?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Standardizing the world’s health knowledge so that everyone can get the best care possible seems like a lofty mission for one company, but if any Canadian health-tech startup can make it happen, Think Research Corp. may be the safest bet.

Source: FinancialPost.com

Date: Jan 15, 2021

Link: https://financialpost.com/technology/canadian-tech-startup-poised-to-bring-standardized-health-info-to-the-masses

Questions for discussion:

  • Summarize the implications of widespread adoption of this software.
  • How should the firm go about convincing governments, insurance providers, health care providers and consumers to adopt this approach to health care?
  • What are the challenges facing the firm?