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: Gallup’s recent study on the U.S. travel industry shows more bad news — on top of six months of losses — for airlines, one of the hardest-hit industries during the pandemic. The study finds that 68% of respondents don’t plan on air travel at all in the next six months, and most are very or moderately concerned about coronavirus exposure in airports (77%) and airplanes (82%).

Source: Gallup.com

Date: Oct 16, 2020

Link: https://www.gallup.com/workplace/321974/airlines-bring-customers-back.aspx

Questions for discussion:

  • Summarize the key points in the report.
  • What do you think industry decision-makers should be doing?

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: Shoppers bought more clothes and cars, and even returned to beleaguered department stores in September.

Source: NPR.org

Date: Oct 16, 2020

Link: https://www.npr.org/sections/coronavirus-live-updates/2020/10/16/919330560/shoppers-went-back-to-department-stores-in-september

Questions for discussion:

  • Summarize the highlights in this report.
  • What is the overall impression you have of the retail picture and consumer shopping behavior?

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: The disconnect between the stock market and the economy increases as valuations become more stretched

Source: MarketWatch.com

Date: Oct 17, 2020

Link: https://www.marketwatch.com/story/the-stock-markets-strength-tells-us-less-about-the-true-state-of-the-economy-than-at-almost-any-other-time-over-the-last-five-decades-2020-10-13?mod=home-page

Questions for discussion:

  • What is the conventional understanding of the relationship between the stock market and the economy?
  • What is the argument presented in this article? Do you agree?

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: Yahoo Finance Canada’s Jeff Lagerquist speaks with Tom Rand, managing partner at ArcTern Ventures, about the future of clean energy in Canada.

Source: Yahoo.Finance.com – video report

Date: Oct 14, 2020

Link: https://ca.finance.yahoo.com/video/editors-edition-canada-shake-carbon-132140399.html

Questions for discussion:

  • Summarize the key points debated about the energy industry as presented in this interview.
  • What direction do you think Canada should take? Explain your thinking.

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: Amazon Care, the company’s online medical clinic for its own employees, is trying to hire half a dozen people in business development roles to “build and grow relationships with commercial and public sector enterprises.” Most of the roles were posted in the past month.

Source: CNBC.com

Date: Ocy 16, 2020

Link: https://www.cnbc.com/2020/10/16/amazon-care-telemedicine-service-job-listings-hint-at-expansion.html

Questions for discussion:

  • Describe the business model Amazon is rolling out.
  • Why are partnerships important to this effort?
  • How successful do you think the plan will be? Explain your thinking.

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: A new report by the consumer-interest nonprofit Public Citizen calls out major retailers — Best Buy, Lowe’s, Home Depot, Target, Walmart and others — for donating to trade associations and campaigns promoting harsher shoplifting penalties in at least 18 states. The retailers succeeded in 11 of them, according to the report.

Source: NPR.org

Date: Oct 16, 2020

Link: https://www.npr.org/2020/10/16/923844907/when-shoplifting-is-a-felony-retailers-back-harsher-penalties-for-store-theft

Questions for discussion:

  • What are the issues involved in this report?
  • What are the consequences for all parties involved?
  • How should the problem of shoplifting be handled, in your opinion?

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

Description: Covid-19 has changed business. How you measure success must change too.

Source: INC.com

Date: Oct 09, 2020

Link: https://www.inc.com/maria-haggerty/rethinking-success-metrics-in-time-of-coronavirus.html?utm_source=incthismorning

Questions for discussion:

  • Summarize the key arguments presented in this article that argue for alternative metrics of success.
  • Do you think most business people would agree with this assessment and advice?

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: New York (CNN Business)Dollar General (DG), the retail powerhouse known for its rock-bottom prices, is opening a new store aimed at higher-end suburban shoppers.

Source: CNN.com

Date: Oct 09, 2020

Link: https://www.cnn.com/2020/10/08/business/dollar-general-popshelf-retail-store/index.html

Questions for discussion:

  • What distinguishes the new chain from others competing for customers?
  • Do you think the new retail chain can succeed at this time? Explain you reasoning?

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Long before consumers were stuck at home during the pandemic—and forced to rely on technology as the only way to communicate or spend time with friends and family—tech addiction was making headlines. Many struggled to put down their phones and enjoy real-life facetime, leading some to intentionally unplug.

Source: eMarketer.com

Date: Ocy 02, 2020

Link: https://www.emarketer.com/content/even-height-of-pandemic-many-us-adults-still-unplugged-their-devices?ecid=NL1001

Questions for discussion:

  • What does the survey show? Are you surprised?
  • Why do you suppose people’s behavior has followed this pattern?
  • What does this mean for the industry, in your opinion?

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: Air Canada slashed the purchase price for tour operator Transat AT Inc. to almost a quarter of its earlier offer, citing the impact of the COVID-19 outbreak on the air transport industry.

Source: BNNBloomberg.com

Date: Oct 10, 2020

Link: https://www.bnnbloomberg.ca/air-canada-slashes-price-of-transat-deal-citing-covid-impact-1.1506462

Questions for discussion:

  • Explain the change in valuation for Transat.
  • How does the reduction compare to the drop in Air Canada share prices over the same time period?
  • What does all of this say about how to evaluate the worth of any business?