Meet the guy with 5 million LP records

Description: Meet Zero Freitas, a Brazilian millionaire and avid vinyl collector who has amassed over 5 million unwanted LPs over the years … more than anyone else in the world.

Source: CNNMoney.com – video report

Date: August 29, 2014

Link: http://money.cnn.com/video/news/2014/08/29/brazil-largest-vinyl-record-collection-sao-paulo.cnnmoney/

Questions for Discussions:

  • How well does Zero Freitas match the traditional profile of an entrepreneur?
  • How can his collection be monetized?
  • Is this a global business opportunity?

Russia closes flagship Moscow McDonald’s

Description: The first McDonald’s in the former Soviet Union was a symbol of capitalism. Now the Moscow location is closed for ‘sanitary violations’ but many think the shutdown is politically motivated.

Source: CNNMoney.com – video report

Date: Aug 21, 2014

Link: http://money.cnn.com/video/news/2014/08/21/russia-mcdonalds-moscow-closed.cnnmoney/

Questions for Discussions:

  • Summarize the potential problems facing global operating companies like McDonalds.
  • How should management handle this sort of situation?

From the U.S. Open to a Target near you: The business behind sports tape

Description: Sports tape has taken off in sales for one company after a number of top athletes started wearing it to relieve their aches and pains.

Source: Fortune.com

Date: Aug 30, 2014

Link: http://fortune.com/2014/08/30/from-the-u-s-open-to-a-target-near-you-the-business-behind-sports-tape/

Questions for Discussions:

  • Explain the sudden popularity of this product?
  • Do you think it is a fad?
  • Is there any real sense of differentiation amongst brands?

Young Americans Hate Cash

Description: American adults under age 30 hate cash so much that 51 percent of them will use plastic, even for purchases amounting to less than $5. That’s according to a survey released on Wednesday by CreditCards.com.

Source: Businessweek.com

Date: August 27, 2014

Link: http://www.businessweek.com/articles/2014-08-27/plastic-beats-cash-among-young-adults#r=hpf-s

Questions for Discussions:

  • What does this report say about changing attitudes towards alternatives to cash?
  • Why do you think these trends are growing?

Ashley Madison, dating website for married people, sues South Korea after being blocked

Description: A dating website for married people seeking affairs is suing the government of South Korea after being blocked in that country over what it says are false allegations of illegal activity.

Source: FinancialPost.com

Date: Aug 28, 2014

Link: http://business.financialpost.com/2014/08/28/ashley-madison-dating-website-for-married-people-sues-south-korea-after-being-blocked/

Questions for Discussions:

  • What are the ethical and social responsibility issues associated with this social media site?
  • Why do you think the Korean government is attempting to block this site?
  • How should the company management handle this challenge?

Lady Legos make their professional debut

Description: Lego debuts a set of professional women characters after receiving criticism from a 7-year-old for gender bias.

Source: CNNMoney.com – video report

Date: Aug 22, 2014

Link: http://money.cnn.com/video/news/2014/08/19/professional-women-legos.cnnmoney/index.html

Questions for Discussions:

  • Why do you think it took this long for Lego management to introduce modern role models for girls?
  • What other strategic changes might result in dramatic improvements to sales?

Hanx writer: Tom Hanks’ Typewriter App

Description: Hitcents Co-Founder Ed Mills discusses how Tom Hanks turned his love of typewriters into an iPad app. He speaks on “Bloomberg West.” (Source: Bloomberg)

Source: Bloomberg.com – video report

Date: August 06, 2014

Link: http://www.bloomberg.com/video/hanx-writer-tom-hanks-turns-love-of-typewriters-into-an-app-kDBabQrIS_~ujzLoSsVEZQ.html

Questions for Discussions:

  • Explain the success of this idea?
  • How important is Tom Hanks to the success of sales?
  • What other apps could you imagine launched in association with celebrities?

Too Much Corn With Nowhere to Go as U.S. Sees Record Crop

Description: The ripening corn and soybean fields stretch for miles in every direction from Dennis Wentworth’s farm in Downs, Illinois. As he marveled at his best-yielding crops ever, he wondered aloud where the heck he’ll put it all.

Source: Bloomberg.com

Date: Aug 22, 2014

Link: http://www.bloomberg.com/news/2014-08-22/too-much-corn-with-nowhere-to-go-as-u-s-sees-record-crop.html

Questions for Discussions:

  • How does this article illustrate the forces of supply and demand in the marketplace?
  • How would you expect the marketplace to deal with the excess supply “problem”?

Jay-Z Gives Nike a Deadline for Kevin Durant

Description: An interesting two-on-one is shaping up in the basketball sneaker game: Jay-Z and Kevin Durant vs. Nike (NKE). Durant, who is represented by Mr. Z’s Roc Nation, has given Nike until Wednesday to match a 10-year sponsorship offer from Under Armour (UA), according to ESPN. The deal is worth between $265 million and $285 million.

Source: Businessweek.com

Date: August 22, 2014

Link: http://www.businessweek.com/articles/2014-08-22/jay-z-gives-nike-a-deadline-for-kevin-durant#r=hp-ls

Questions for Discussions:

  • What does this article say about negotiation strategy?
  • How would you represent the firm in these situations?
  • How would you represent the athletes?

What 13 successful people do before going to sleep

Description: Morning routines are important — but bedtime rituals can have a serious impact on your success. That’s because the very last thing you do before bed affects your mood and energy level the following day, since it often determines how well and how much you sleep. Knowing that, we decided to find out how the most successful spend their nights before surrendering to sleep.

Source: FinancialPost.com

Date: Aug 22, 2014

Link: http://business.financialpost.com/2014/08/23/what-13-successful-people-do-before-going-to-sleep/

Questions for discussion:

  • What does this report have to say about the connection between successful people and their behaviors?
  • Do you think this all makes sense?
  • How does your behaviour compare to successful people in this article?

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