Building a business with unwanted customers

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

Description:   A Newark, N.J. dental operation is turning a profit by focusing on the patients that most dentists shy away from: Medicaid recipients. Source:  Fortune.com Date: 01/20/2012 Link:  http://management.fortune.cnn.com/2012/01/20/behind-a-newark-business-success-find-unwanted-customers/?iid=SF_F_LN Questions for discussion:  What are the social and ethical issues related to this business? What other businesses might be modeled the same way?

If Apple made a TV …

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description:  TV makers at CES say they are not worried about Apple breaking into their business. But should they be?  Source: CNNMoney.com – video report Date: 01/11/2012 Link:   http://money.cnn.com/video/technology/2012/01/11/t_ces_apple_tv.cnnmoney/ Questions for discussion: What sort of features would you expect if and when an Apple TV is introduced to the marketplace?  How might consumers change their… Read more »

Social media success Rx: “Be a little crazy”

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: Clara Shih is an early achiever. At age five, she arrived in the U.S., from Hong Kong, with her parents. With no access to bilingual education, she was initially placed in special classes for kids with speech impediments and advanced so rapidly that she scored a 1420 on her SATs — in eighth grade…. Read more »

Park City Eatery Balks at Credit Card Fines in Rare Court Fight

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

Description:   Stephen and Cissy McComb say they managed their Italian eatery in Park City, Utah, for more than two decades without running afoul of security rules of Visa Inc. and MasterCard Inc. — until they were accused of mishandling data and opening the door to $1.26 million in fraud. Source:  Bloomberg.com Date: 01/1o/2012 Link:  http://www.businessweek.com/news/2012-01-10/park-city-eatery-balks-at-credit-card-fines-in-rare-court-fight.html… Read more »

Turning to Tech on the Road

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description:  If Mercedes, BMW and Ford have their way, the new cars they build will be able to port apps, games, music and movies from a smartphone to a car’s entertainment system. Source:  NYTimes.com Date: 01/11/2012 Link:   http://www.nytimes.com/2012/01/12/technology/automakers-incorporate-technology-into-safety-updates.html?ref=business Questions for discussion:  What are the issues related to the merging of smart-technologies and the automobile? How… Read more »

MySpace Co-founder Moves From Social Networking to Social Commerce

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.

Description:  MySpace co-founder Josh Berman knows how to capitalize on online trends. The entrepreneur behind one of the Web 2.0 era’s most successful companies bet on the rise of social networks, and after spending four years at MySpace and selling the company for over $500 million, he’s on to the next trend. Source:  Sprouter.com Date:… Read more »

Computer geeks king in job hunt

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

Description:  Some undergrads with coding skills get approached by 10 to 20 companies before they even graduate. Source: CNNMoney.com – video report Date: 01/06/2012 Link:   http://money.cnn.com/video/news/2012/01/05/n_computer_science_jobs.cnnmoney/ Questions for discussion: Explain the forces driving the job market for graduates with these skills? Do you think the forces in the economy driving this industry are likely to… Read more »

China’s Low-Cost Housing Boom

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

Description:  Building low-cost housing projects is part of the Chinese government’s plan to restructure its housing sector. But some say it’s a risky strategy for the already shaky real estate industry. Source: Marketwatch.com – video report Date: 12/30/2011 Link:  http://www.marketwatch.com/video/asset/china-low-cost-housing-boom/8BAB1EA5-0CC6-4ECC-BA0B-D90B9CA2C4E3 Questions for discussion: How does this project relate to the forces of supply and demand as… Read more »

The dividend stock of the decade

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

Description:   After watching a busy night of politicians slinging you know what, I wondered if any of them ever took the time to visit the dividend stock of the decade? This fertilizer company has delivered some very sweet returns to investors for the last decade. Source:  Marketwatch.com Date: 01/04/2012 Link:  http://www.marketwatch.com/story/the-dividend-stock-of-the-decade-2012-01-04?siteid=nwtwk Questions for discussion: Why… Read more »

After South Boston, a Restaurant Was Easy

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description:  Emerging from the housing projects of South Boston where James Bulger, known as Whitey, once ruled, Barbara Lynch has become one of Boston’s most successful and celebrated restaurateurs. Source:  NYTimes.com Date: 01/04/2012 Link:   http://www.nytimes.com/2012/01/05/business/smallbusiness/after-south-boston-opening-a-restaurant-didnt-seem-so-risky.html?ref=smallbusiness Questions for discussion: Explain the business success of Barbara Lynch? What entrepreneurial skills does she illustrate in this report that… Read more »