Ottawa’s alcohol tax another challenge for hospitality industry

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 Canadian Chamber of Commerce has launched a campaign urging the federal government to roll back the excise duty rate on alcohol that is scheduled to increase on April 1. Prime Minister Justin Trudeau’s government introduced the sin tax on beer, wine and spirits in the 2017. It is scheduled to automatically increase each… Read more »

Tesla will have zero sales in China by 2030: analyst

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Description: Tesla (TSLA) may not have much of a future in the world’s largest electric vehicle market, if one analyst’s predictions pan out. Morgan Stanley’s (MS) Adam Jonas says that CEO Elon Musk’s high-tech automotive company will likely see sales in China plummet to zero by 2030. Source: Finance.Yahoo.com Date: Oct 02, 2020 Link: https://ca.finance.yahoo.com/news/tesla-will-have-zero-sales-in-china-by-2030-analyst-203938920.html… Read more »

The Road to Greener Concrete Is Paved With Clay

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Description: Among the myriad steps needed to clean up construction, a cement made with heated clay stands out. Source: Bloomberg.com Date: Oct 01, 2020 Link: https://www.bloomberg.com/news/features/2020-10-01/lc3-clay-cuts-cement-industry-co2-emissions Questions for discussion: What does the report say about the cement production process and its contribution to CO2 pollution? How can producers reduce their pollution from production and what is… Read more »

Ethical business practices shouldn’t be a ‘marketing ploy’: Jessica Alba

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Description: Actress Jessica Alba joins ‘Influencers with Andy Serwer’ to discuss the success of The Honest Company. Source: Finance.Yahoo.com Date: Sep 23, 2020 Link: https://finance.yahoo.com/video/ethical-business-practices-shouldn-t-100000669.html Questions for discussion: What is Jessica Alba’s opinion about ethical business practice and profitability? After researching The Honest Company online, describe how the firm is different from any other consumer… Read more »

How Target gets you to spend money

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Description: Target has revolutionized the entire shopping experience, from the width of the aisles and the weight of the shopping carts to the smell of Starbucks coffee and placement of dollar bins. The tactics are paying off. Despite the pandemic, profits rose more than 80% year over year. Here’s how Target uses dollar bins and… Read more »

How governments can ensure economic survival amid a COVID-19 surge

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Description: The federal government unveiled a four-pillar plan in this week’s Speech from the Throne meant to help Canada’s economy navigate – and ultimately survive – COVID-19. Source: BNNBloomberg.ca Date: Sep 25, 2020 Link: https://www.bnnbloomberg.ca/how-governments-can-ensure-economic-survival-amid-a-covid-19-surge-1.1499390 Questions for discussion: Summarize the highlights presented for government support. What do you think of these suggestions? What would you… Read more »

Warren Buffett Says 4 Choices in Life Separate the Doers From the Dreamers

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Description: Now 90 years young, the Oracle of Omaha is still impressing with important life lessons. Source: INC.com Date: Sep 25, 2020 Link: https://www.inc.com/marcel-schwantes/warren-buffett-says-4-choices-in-life-separate-doers-from-dreamers.html Questions for discussion: Summarize the advice presented in the report. What do you think about it?

Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

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Description: Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus pandemic’s economic toll. Source: CNBC.com – video report Date: Sep 18, 2020 Link: https://www.cnbc.com/2020/09/16/yelp-data-shows-60percent-of-business-closures-due-to-the-coronavirus-pandemic-are-now-permanent.html Questions for discussion: How has the covid pandemic affected business closures? Which businesses have been particularly hard hit? Are… Read more »

Incoming MEC CEO says store closures, merchandise changes coming after deal to take co-op private

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Description: VANCOUVER — The incoming chief executive of MEC understands the backlash against a deal to take the outdoor retail co-operative private, but hopes former members continue to shop there. Source: FinancialPost.com Date: Sep 16, 2020 Link: https://financialpost.com/news/retail-marketing/incoming-mec-ceo-says-store-closures-merchandise-changes-coming-after-deal-to-take-co-op-private/wcm/82f5a212-b1cc-4f7d-91c8-a66bf804c3b3/ Questions for discussion: What happened to MEC? Do you think management deserves the criticism from members? What… Read more »

The holiday shopping season could start on 10/10/2020 with retailers hopeful that consumers will turn out early

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Description: Forget Thanksgiving Day. The start to the holiday shopping season could be October 10, or 10/10/2020, according to Keith Jelinek, managing director in the retail practice at global consultancy Berkeley Research Group. Source: MarketWatch.com Date: Sep 16, 2020 Link: https://www.marketwatch.com/story/the-holiday-shopping-season-could-start-on-10-10-2020-with-retailers-hopeful-that-consumers-will-turn-out-early-11600197849?mod=home-page Questions for discussion: What is the basis for these notions of an earlier start… Read more »