Description: Shares of Carvana were briefly halted Monday morning due to volatility, down by as much as 24% at one point to below $7 per share — its lowest point on record. Source: CNBC.com Date: Nov 07, 2022 Link: https://www.cnbc.com/2022/11/07/carvana-stock-tanks-in-continued-sell-off.html Questions for discussion: Explain the company’s rapid decline in stock value, from a marketing point of view?… Read more »
Posts Categorized: Part 1 Business in a Global Environment
Global Initiative Is Transforming How People View Wellbeing
Description: As part of the movement to expand the study of people’s wellbeing beyond traditional indicators, Gallup and the Wellbeing for Planet Earth Foundation joined forces several years ago to develop a globally inclusive measurement of wellbeing. Together, through the Global Wellbeing Initiative, they are asking the world new questions that are not only transforming how people… Read more »
1 Rule That Can Ensure Your Emails Are Fully Read
Description: Use the ‘3-sentence rule’ to make sure your emails are crystal clear to you and your recipients Source: INC.com Date: Nov 02, 2022 Link: https://www.inc.com/joel-schwartzberg/email-communications-three-sentence-rule.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2002,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGH3D4kHENaa8J9I-tFXRHDMrtNv4Bl_aqQWrOI4b7CdJEI8M38RwAFal5zHZ1cyKnp6FsZtJshf5b53aUnRAbyiKBcHFpG_QtodrOCnA Questions for discussion: What does this article say about communications in general and written communications specifically? Do you think the 3-sentence rule makes sense? What would you suggest as… Read more »
Op-ed: What Elon Musk really gets out of owning Twitter
Description: Think of Elon Musk’s Twitter takeover less like a typical private equity play, where he fixes the business and sells it, and more like Jeff Bezos’ purchase of the Washington Post. Source: CNBC.com Date: Nov 03, 2022 Link: https://www.cnbc.com/2022/11/03/op-ed-what-elon-musk-really-gets-out-of-owning-twitter.html?recirc=taboolainternal Questions for discussion: Summarize the opinions expressed in this article that offer an explanation for… Read more »
Canada jobs market blows past expectations with 108,000 gain
Description: Canada’s labour market unexpectedly added 108,000 jobs in October as wage gains accelerated, potentially easing worries the economy is headed for a major slowdown. ?Source: BNNBloomberg.com – video report Date: Nov 04, 2022 Link: https://www.bnnbloomberg.ca/canada-jobs-market-blows-past-expectations-with-108-000-gain-1.1841866 Questions for discussion: Summarize the top three statistics you believe business people should be looking at as they weigh… Read more »
Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas
Description: Their lucrative Yeezy collaboration accounted for more than an estimated 40% of the shoe giant’s profits. But the partners had been bickering for years. Source: Bloomberg.com Date: Nov 01, 2022 Link: https://www.bloomberg.com/news/articles/2022-11-01/kanye-west-adidas-split-was-brewing-for-years?leadSource=uverify%20wall Questions for discussion: What are the lessons to be learned from this partnership between Ye and Adidas? Can Adidas ever afford to… Read more »
Twitter is now owned by Elon Musk — here’s a brief history from the app’s founding in 2006 to the present
Description: A decade ago, Twitter’s future was looking bright. The company was benefiting from a flood of funding into the social-networking space, eventually leading to an IPO in 2013 that raised $1.8 billion. Source: CNBC.com Date: Oct 29, 2022 Link: https://www.cnbc.com/2022/10/29/a-brief-history-of-twitter-from-its-founding-in-2006-to-musk-takeover.html Questions for discussion: Why do you think Musk bought Twitter? Do you think there are revenue models that… Read more »
Adidas Ends Partnership With Kanye West at a Considerable Cost
Description: The German sportswear giant is the latest company to cut ties with Mr. West, now known as Ye, after his antisemitic remarks. Ending the partnership is expected to hurt company profits. Source: NYTimes.com Date: Oct 26, 2022 Link: https://www.nytimes.com/2022/10/25/business/adidas-kanye-west.html Questions for discussion: What are the ethical and social issues related to this issue? What… Read more »
United Airlines Made a Simple Change That Saves Passengers Over 13 Million Minutes of Delays
Description: Sometimes the most obvious changes can make a huge difference. Source: INC.com Date: Oct 27, 2022 Link: https://www.inc.com/jason-aten/united-airlines-made-a-simple-change-that-saves-passengers-over-13-million-minutes-of-delays.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Oct%2027,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGHvVd8sJ4wkwoUE9uNVNxEcJ36wCJxwkB1dePpq-BSZYrEiBh2Em2X4eivrNfcI7Ui6zabYjN5P9h25sS16JhpOTJuZyd5kGLAdRm1HA Questions for discussion: What does this article say to management about productivity and efficiency? Why do you suppose it took so long for United to install this system of record-keeping and compliance? What drives the installation… Read more »
Meta shares plunge 23% to the lowest price since 2016
Description: Shares of Meta plunged 23% Thursday morning as investors and analysts digested the company’s third-quarter earnings miss and a weak fourth-quarter outlook. Shares were trading under $100 at market open, the lowest price since 2016. Source: CNBC.com – video report Date: Oct 27, 2022 Link: https://www.cnbc.com/2022/10/27/meta-stock-falls-23percent-on-earnings-miss-analyst-downgrades.html Questions for discussion: Why has the stock value dropped so drastically? Do… Read more »
