Posts Categorized: Part 2 Starting and Growing Your Business

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 »

Richard Branson Beats Elon Musk: Virgin Hyperloop Makes History With First Crew Test (Video)

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: A couple of company employees took a ride on the first new form of transportation in more than a century. Source: Entrepreneur.com – video report Date: Nov 10, 2020 Link: https://www.entrepreneur.com/article/359390?utm_source=newsletter&utm_medium=email Questions for discussion: How will this form of inter-city transportation affect where we live and work? How will the transportation industry (trucking, air… Read more »

E-commerce growth will continue long after we have a vaccine: Shopify president

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: Harley Finkelstein, president of Shopify joins BNN Bloomberg to discuss how the company has navigated COVID-19, and how more businesses are jumping on the platform. He says that when it comes to retail, the pandemic has accelerated a change we have all been anticipating for a while now. The Canadian tech darling saw revenue… Read more »

Lyft Co-founder on food delivery opportunities, future of ridesharing

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: Lyft Co-founder John Zimmer joins Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman to discuss how the ride sharing company is faring amid COVID-19. Source: Yahoo.Finance.com – video report Date: Nov 12, 2020 Link: https://ca.finance.yahoo.com/video/lyft-co-founder-food-delivery-153323158.html Questions for discussion: How well is Lyft managing during this time of covid? What are the ways Lyft… Read more »

Beyonce, Peloton strike multiyear content partnership, sending bike maker’s shares higher

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: The bike maker Peloton announced Tuesday morning a multiyear partnership with singer-songwriter Beyonce to produce exclusive content with her music for its streamed workout classes. Source: CNBC.com – video report Date: Nov 10, 2020 Link: https://www.cnbc.com/2020/11/10/beyonce-and-peloton-in-multiyear-content-deal.html Questions for discussion: Explain the fit between these two brands. Why has the stock done so well? What further advice… Read more »

The Capital of Sprawl Gets a Radically Car-Free Neighborhood

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: On an empty lot near Phoenix, perhaps the most auto-addicted city in America, a start-up is betting $170 million on a more walkable future. Source: NYTimes.com Date: Oct 31, 2020 Link: https://www.nytimes.com/2020/10/31/business/culdesac-tempe-phoenix-sprawl.html Questions for discussion: What do you think of this concept? Who do you think would be attracted to this style of living?… Read more »

Canada Goose Sales Beat With Mainland China Back to Growth

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: Parka maker Canada Goose Holdings Inc. posted better-than-expected revenue, showing the pandemic slump is easing just in time for the crucial winter period. “This is a strong backdrop as we head into peak Canada Goose season,” Chief Executive Officer Dani Reiss said in a statemen Source: Bloomberg.com Date: Nov 05, 2020 Link: https://www.bloomberg.com/news/articles/2020-11-05/canada-goose-revenue-beats-with-mainland-china-back-to-growth Questions for discussion: What… Read more »

Increased Screen Time for Children and Teens Is Likely Here to Stay

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: The screen-time wars are over in many households, with parents having surrendered en masse. In a period when large numbers of parents and school kids are stuck at home with one another, this is one battle many parents choose to forego, at least for now. Source: eMarketers.com Date: Nov 04, 2020 Link: https://www.emarketer.com/content/increased-screen-time-children-teens-likely-here-stay?ecid=NL1001 Questions… Read more »

Why Isn’t Your Brand Bigger? The Data Point to One Answer

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: Gallup’s workplace data suggest that the most likely cause of your brand problems is not related to marketing dollars. Source: Gallup.org Date: Nov 04, 2020 Link: https://www.gallup.com/workplace/323165/why-isn-brand-bigger-data-point-one-answer.aspx Questions for discussion: What does the Ed Boyle say is misunderstood by most businesses? What should management focus on in order to improve their brand and profitability?… Read more »

Zoom Is Now Worth More Than ExxonMobil—And Founder Eric Yuan’s Net Worth Has Nearly Doubled In Three Months

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: High-flying video conferencing service Zoom, which has seen skyrocketing demand during the coronavirus pandemic, is now worth more than ExxonMobil, one of the world’s largest oil and gas companies. Source: Forbes.com Date: Oct 29, 2020 Link: https://www.forbes.com/sites/sergeiklebnikov/2020/10/29/zoom-is-now-worth-more-than-exxonmobil-and-founder-eric-yuans-net-worth-has-nearly-doubled-in-three-months/#41865ea61002 Questions for discussion: Explain the sudden rise in value of Zoom? How can Zoom earn more revenue?… Read more »