Posts Categorized: Part 2 Starting and Growing Your Business

CES 2020: Companies Step Up to Combat Tech Angst

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Description: A Q2 2019 GlobalWebIndex survey found that nearly one in four internet users worldwide (24%) don’t understand new technology and fear being left behind, up from just 15% in Q2 2013. Source: eMarketer.com Date: Jan 23, 2020 Link: https://www.emarketer.com/content/ces-2020-companies-step-up-to-combat-tech-angst?ecid=NL1001 Questions for discussion: What did the research reveal about consumer attitudes towards technologies? How should… Read more »

Hemp Prices Plunge as CBD Demand Falls Short: Cannabis Weekly

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: It may not be apparent when you’re spending $70 on CBD foot cream, but hemp prices are plunging amid a “grossly oversupplied” market, according to the head of the industry’s first price provider. Source: Bloomberg.com Date: Jan 26, 2020 Link: https://www.bloomberg.com/news/articles/2020-01-26/hemp-prices-plunge-as-cbd-demand-falls-short-cannabis-weekly?srnd=premium-canada Questions for discussion: Explain price movements in this commodity. How can the industry deal with the… Read more »

Afternoon of a Pawnbroker

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Description: Afternoon of a Pawnbroker Source: NYTimes.com Date: Jan 23, 2020 Link: https://www.nytimes.com/2020/01/24/business/should-i-pawn-or-sell-jewelry-.html Questions for discussion: Explain how the business model works and why it can be so successful? What are the risks to owners?

JP Morgan CEO Jamie Dimon takes on socialism, says it will lead to an ‘eroding society’

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Description: Socialism has failed where it’s been tried and ultimately leads to an “eroding society,” J.P. Morgan Chase CEO Jamie Dimon said Wednesday. Source: CNBC.com – video report Date: Jan 22, 2020 Link: https://www.cnbc.com/2020/01/22/jp-morgan-ceo-jamie-dimon-takes-on-socialism-says-it-will-lead-to-an-eroding-society.html?recirc=taboolainternal Questions for discussion: What does Jamie Dimon have to say about socialism and government involvement in the economy? What do you think about… Read more »

Debut of GM’s Cruise Origin shows the future of ride-hailing, autonomous vehicles is a box

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 future of the auto industry isn’t horsepower or style when it comes to autonomous vehicles and ride-hailing services. It’s a box. Source: CNBC.com – video report Date: Jan 23, 2020 Link: https://www.cnbc.com/2020/01/23/debut-of-gms-cruise-origin-shows-the-future-of-ride-hailing-autonomous-vehicles-is-a-box.html Questions for discussion: Summarize the projected future for this industry, as described in the report. Create a more detailed business plan… Read more »

How companies like Google and IBM plan to profit from quantum computing

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: How companies like Google and IBM plan to profit from quantum computing Source: CNBC.com – video report Date: Jan 23, 2020 Link: https://www.cnbc.com/video/2020/01/17/how-quantum-computing-works-google-ibm-dwave-amazon.html Questions for discussion: Summarize the key ideas and issues facing the firms involved in the quantum computing environment. What are some of the applications and opportunities, according to the report?

How Children Are, and Aren’t, Using the Internet

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: eMarketer principal analyst Mark Dolliver and vice president of research Jennifer Pearson discuss children’s behavior online, the screen time stigma and YouTube child policy changes. Then, junior analyst Blake Droesch addresses questions about a TikTok sale, Facebook’s stance on political ads and a new way to limit who can reply to your tweets. Source:… Read more »

How American Apparel came back from the brink of death

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: How American Apparel came back from the brink of death Source: CNBC.com – video report Date: Jan 16, 2020 Link: https://www.cnbc.com/video/2020/01/16/american-apparel-has-a-new-online-retail-store-following-bankruptcy.html Questions for discussion: Summarize the history of the firm focusing on the key issues that affected its rise and fall? Do you think the firm can rise again? What would you advise management?

Lululemon used to be a niche player, now some think it could be the next Nike

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: For six years, between 2011 and 2017, Lululemon Athletica Inc.’s stock looked as if it was tapped out. The yogawear company was already an incredible success for investors, who backed it from its US$14 IPO in 2007, but further growth was a concern. Source: FinancialPost.com Date: Jan 16, 2020 Link: https://business.financialpost.com/investing/lululemon-used-to-be-a-niche-player-now-some-think-it-could-be-the-next-nike Questions for discussion:… Read more »

A revival is under way in the chip business

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 high-tech industry is as cyclical as any commodity Source: Economist.com Date: Jan 11, 2020 Link: https://www.economist.com/business/2020/01/11/a-revival-is-under-way-in-the-chip-business?cid1=cust/ednew/n/bl/n/2020/01/9n/owned/n/n/nwl/n/n/NA/375381/n Questions for discussion: Summarize the key points made about the industry in the report. What does the report suggest about the near future for the industry?