Posts Categorized: Part 2 Starting and Growing Your Business

Chinese electric car company Nio doubles deliveries in 2020 as local competition ramps up for Tesla

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: BEIJING — China’s homegrown Tesla rivals are racking up sales in the world’s largest auto market. Source: CNBC.com – video report Date: Jan 04, 2021 Link: https://www.cnbc.com/2021/01/04/chinese-electric-car-start-up-nio-doubles-deliveries-as-tesla-competition-rises.html Questions for discussion: How important do you think branding is for all of these competitors in the global market? Do you think Tesla remains a good investment at this… Read more »

Inside Roblox’s World of Entrepreneurial Opportunity

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: In its IPO filing, the online gaming platform said its 36 million users spent almost $700 million in the first nine months of 2020 –with a sliver of gamers-turned-gamemakers taking home big paydays as a result. Source: INC.com Date: Dec 07, 2020 Link: https://www.inc.com/burt-helm/roblox-ipo-startup-ecosystem-vehicle-simulator.html Questions for discussion: Describe the Roblox business model and how… Read more »

About 150 Cadillac dealers take GM buyouts rather than invest in EVs

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: DETROIT – About 150 General Motors dealers have accepted buyouts and will stop selling Cadillacs as the Detroit automaker pivots the luxury brand to lead its all-electric vehicle efforts, a person familiar with the details confirmed to CNBC. Source: CNBC.com – video report Date: Dec 05, 2020 Link: https://www.cnbc.com/2020/12/04/about-150-cadillac-dealers-take-gm-buyouts-rather-than-invest-in-evs.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Explain why some dealerships… Read more »

BlackBerry surges most ever on Amazon auto collaboration

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Description: BlackBerry Ltd. surged the most since 2015 after the company signed a multiyear agreement with Amazon Web Services to develop and market its “Intelligent Vehicle Data Platform,” called IVY. Source: BNNBloomberg.com – video report Date: Dec 02, 2020 Link: https://www.bnnbloomberg.ca/blackberry-surges-most-ever-on-amazon-auto-collaboration-1.1530116 Questions for discussion: Explain the explosive jump in share value? How does this deal with Amazon… Read more »

Zoom investors are looking to a post-pandemic 2021 even with current growth at over 300%

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: Zoom is poised to show another monster quarter when it reports results on Monday, with sales growth expected to top 300% for a second straight period. Source: CNBC.com – video report Date: Nov 29, 2020 Link: https://www.cnbc.com/2020/11/29/zoom-investors-look-to-post-pandemic-2021-even-with-big-q3-expected.html Questions for discussion: Explain the relationship of Zoom stock price to news releases about Covid-19 vaccines. What does… Read more »

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 »

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

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: 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 »

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

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: 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?