Does entrepreneurial experience guarantee future startup success? Not really, study says

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.

Description: Over the course of my career, I’ve encountered many self-described “serial entrepreneurs” — those who have made a career path out of launching new ventures, then moving on to the next. While the people I’ve met appear to have had strings of apparent successes, is entrepreneurial experience a predictor of future success? Source: SmartPlanet.com… Read more »

VW’s Passat, made in Tennessee

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.

Description: Take a tour of Volkswagen’s $1 billion plant that opened in Chattanooga, TN. Source: CNNMoney.com – video report Date: Feb 12, 2014 Link: http://money.cnn.com/video/news/2014/02/12/n-volkswagen-vw-plant-tennessee.cnnmoney/index.html Questions for Discussions: What are the main considerations for where to locate a car plant such as the one illustrated in the report? Why do other businesses typically decide to… Read more »

Comcast’s future for your TV

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: Comcast shows off new technology that allows you click a link in tweet, and have a show start playing instantly on your TV or mobile device. Source: CNNMoney.com – video report Date: Feb 14, 2014 Link: http://money.cnn.com/video/technology/2014/02/14/t-comcast-twitter.cnnmoney/index.html Questions for Discussions: How is social media going to change consumer viewing behavior? How will this technology… Read more »

Sales of Sour Patch Kids and Swedish Fish Show We’re All Still 11 Sometimes

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

Description: America’s kids are still sweet on gummies. Mondel?z International (MDLZ) reported “double-digit gains” in dollar sales of the great movie theater concession stand classics Sour Patch Kids and Swedish Fish in North America in 2013. Source: Businessweek.com Date: Feb 14, 2014 Link: http://www.businessweek.com/articles/2014-02-14/sales-of-sour-patch-kids-and-swedish-fish-show-were-all-still-11-sometimes#r=hpt-ls Questions for discussion: Why do you think the company has done… Read more »

Millennials Use Different Social Networks to Post, Buy Different Product Types

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

Description: Those influenced by Facebook are more likely to take an omnichannel approach Source: eMarketer.com Date: Feb 14, 2014 Link: http://www.emarketer.com/Article/Millennials-Use-Different-Social-Networks-Post-Buy-Different-Product -Types/1010609#l1PHMCG8eWAmgSHc.99 Questions for Discussions: Summarize the key research findings in this report. Explain this consumer behavior.

Shaun White’s Olympic-sized empire

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: Snowboarder Shaun White is trying for his third gold medal in Sochi. But his best tricks are off the slopes. Product lines, endorsements and—yes, a record deal — make White’s wallet pretty gnarly. Source: CNNMoney.com – video report Date: Feb 07, 2014 Link: http://money.cnn.com/video/news/2014/02/07/n-olympic-snowboarding-shaun-white-business-entrepeneur-endorsements.cnnmoney/index.html Questions for Discussions: Describe the “Shaun White” brand image? Which… Read more »

Gun industry courts women with pink guns

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: Gun manufacturers are clearly trying to catch the eye and wallet of women, who are becoming a more important segment of their customer base. Source: CNNMoney.com – video report Date: Feb 06, 2014 Link: http://money.cnn.com/video/news/2014/02/06/n-guns-for-women-pink-firearms-shot-show-2014.cnnmoney/index.html Questions for Discussions: What is the thinking in this industry as illustrated by this report. Why do you think… Read more »

A Small Business Hopes to Spot Its Olympic Bracelets at Sochi

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: When Kurt Walchle told people that he wanted to see the athletes on the U.S. Olympic team wearing his company’s bracelets, a lot of people thought the Jacksonville (Fla.) entrepreneur was crazy. After all, everybody knew that only big companies supplied Team USA—not a small business like his, with 66 employees and $5 million… Read more »

Crowdfunding’s Effect on Venerable Nonprofits Raises Concern

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: THE ads ran for years. The global charity Save the Children asked for a monthly donation, and in return, a few times a year the donors received a photo and handwritten note or drawing from children in impoverished places like Haiti. Source: NYTimes.com Date: Feb 07, 2014 Link: http://www.nytimes.com/2014/02/08/your-money/crowdfundings-effect-on-venerable-nonprofits-raises-concern.html?ref=business Questions for Discussions: What are… Read more »