Why the Voices Around Your Boardroom Table Matter

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: It’s painfully obvious that the startup community is still challenged by the task of creating board of director representation that reflects a diverse and inclusive membership. Source: Entrepreneur.com Date: Nov 25, 2020 Link: https://www.entrepreneur.com/article/359604?utm_source=newsletter&utm_medium=email Questions for discussion: Why is diversity on the board of new start-ups particularly valuable? How can companies ensure a satisfactory… Read more »

Pushed by Pandemic, Amazon Goes on a Hiring Spree Without Equal

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Description: The company has added 427,300 employees in 10 months, bringing its global work force to more than 1.2 million. Source: NYTimes.com Date: Nov 27, 2020 Link: https://www.nytimes.com/2020/11/27/technology/pushed-by-pandemic-amazon-goes-on-a-hiring-spree-without-equal.html Questions for discussion: What does Amazon’s hiring mean for the company? Do you think these jobs signal good things about the economy? Which businesses are losing to… Read more »

Consumers expect brands to be inclusive

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Description: In the midst of social upheaval in the US, many marketers are striving to be more inclusive, especially as they relate to people who have been historically underrepresented, excluded, and stereotypically portrayed. By embracing and reflecting real-world diversity, marketers can build greater brand affinity and deeper customer relationships while working to effect positive change…. Read more »

With Black Friday here, retailers must manage delivery expectations: expert

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Description: Black Friday has officially arrived in Canada, and while sales are expected to be muted this year as the country grapples with the COVID-19 pandemic, the shift to e-commerce means retailers need to manage consumer expectations for online ordering. Source: Yahoo.Finance.com – video report Date: Nov 27, 2020 Link: https://ca.finance.yahoo.com/news/with-black-friday-here-retailers-must-manage-delivery-expectations-experts-185107840.html Questions for discussion: Summarize… Read more »

Airlines See Loss Reaching $157 Billion Before Virus Clears

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Description: Record airline losses from the coronavirus outbreak will continue to mount next year as anticipated vaccination programs take time to revive travel demand, according to the industry’s main trade group. Source: Bloomberg.com – video report Date: Nov 24, 2020 Link: https://www.bloomberg.com/news/articles/2020-11-24/airlines-see-losses-swelling-to-157-billion-before-virus-clears Questions for discussion: How bad has the airline industry been hit by the… Read more »

Restaurant tech start-up Toast soars to $8 billion valuation seven months after cutting half its staff

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: Toast, a start-up that sells software to help restaurants with online ordering, has had a rollercoaster of a year managing through the pandemic. Of late, business has been booming, Source: CNBC.com – video report Date: Nov 24, 2020 Link: https://www.cnbc.com/2020/11/23/restaurant-tech-start-up-toast-worth-8-billion-in-employee-share-sale.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Explain the changing environment facing the firm. Do you think it can sustain… Read more »

Designed to Deceive: Do These People Look Real toYou?

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Description: There are now businesses that sell fake people. On the website Generated.Photos, you can buy a “unique, worry-free” fake person for $2.99, or 1,000 people for $1,000. Source: NYTimes.com – video report Date: Nov 21, 2020 Link: https://www.nytimes.com/interactive/2020/11/21/science/artificial-intelligence-fake-people-faces.html?action=click&module=Top%20Stories&pgtype=Homepage Questions for discussion: What are the ethical and social issues related to the business applications of… Read more »

Why Traditional Luxury Branding Is Out (And What’s In) for 2021

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Description: People are still spending money, but their hearts are calling the shots. Source: Entrepreneur.com Date: Nov 10, 2020 Link: https://www.entrepreneur.com/article/358343 Questions for discussion: What does the article say about the trends driving consumer and business decision-making? Why do you think consumers’ attitudes have been changing in this way?

GM went public 10 years ago, and it’s been a mediocre investment — here’s how it can improve for the next 10

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: Ten years ago, General Motors made its second debut on the New York Stock Exchange in what was then the largest initial public offering in U.S. history — ushering in a new era of renewed optimism for the company and U.S. economy after emerging from bankruptcy in the Great Recession. Source: CNBC.com – video report Date:… Read more »

Canadian retail sales rise 1.1% in September, beating estimates

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: Retail sales in Canada came in better than expected in September, boosted by receipts of new cars, though a preliminary estimate for October shows the momentum was short-lived. Source: BNNBloomberg.com – video report Date: Nov 20, 2020 Link: https://www.bnnbloomberg.ca/canadian-retail-sales-rise-1-1-in-september-beating-estimates-1.1525406 Questions for discussion: How did retail sales fare? Explain these results? Where do you think… Read more »