Description:  A Newark, N.J. dental operation is turning a profit by focusing on the patients that most dentists shy away from: Medicaid recipients. Source: Fortune.com Date: 01/20/2012 Link: http://management.fortune.cnn.com/2012/01/20/behind-a-newark-business-success-find-unwanted-customers/?iid=SF_F_LN Questions for discussion: What are the social and ethical issues related to this business? What other businesses might be modeled the same way?
Posts Categorized: Part 6 Managing Financial Resources
Park City Eatery Balks at Credit Card Fines in Rare Court Fight
Description:  Stephen and Cissy McComb say they managed their Italian eatery in Park City, Utah, for more than two decades without running afoul of security rules of Visa Inc. and MasterCard Inc. — until they were accused of mishandling data and opening the door to $1.26 million in fraud. Source: Bloomberg.com Date: 01/1o/2012 Link: http://www.businessweek.com/news/2012-01-10/park-city-eatery-balks-at-credit-card-fines-in-rare-court-fight.html… Read more »
China’s Low-Cost Housing Boom
Description: Building low-cost housing projects is part of the Chinese government’s plan to restructure its housing sector. But some say it’s a risky strategy for the already shaky real estate industry. Source: Marketwatch.com – video report Date: 12/30/2011 Link: http://www.marketwatch.com/video/asset/china-low-cost-housing-boom/8BAB1EA5-0CC6-4ECC-BA0B-D90B9CA2C4E3 Questions for discussion: How does this project relate to the forces of supply and demand as… Read more »
The dividend stock of the decade
Description:  After watching a busy night of politicians slinging you know what, I wondered if any of them ever took the time to visit the dividend stock of the decade? This fertilizer company has delivered some very sweet returns to investors for the last decade. Source: Marketwatch.com Date: 01/04/2012 Link: http://www.marketwatch.com/story/the-dividend-stock-of-the-decade-2012-01-04?siteid=nwtwk Questions for discussion: Why… Read more »
After South Boston, a Restaurant Was Easy
Description: Emerging from the housing projects of South Boston where James Bulger, known as Whitey, once ruled, Barbara Lynch has become one of Boston’s most successful and celebrated restaurateurs. Source: NYTimes.com Date: 01/04/2012 Link:  http://www.nytimes.com/2012/01/05/business/smallbusiness/after-south-boston-opening-a-restaurant-didnt-seem-so-risky.html?ref=smallbusiness Questions for discussion: Explain the business success of Barbara Lynch? What entrepreneurial skills does she illustrate in this report that… Read more »
2011’s worst in tech
Description: RIM joins Netflix and HP as the tech sector’s biggest losers in 2011. Source: CNNMoney.com – video report Date: 12/28/2011 Link:  http://money.cnn.com/video/technology/2011/12/20/ts_tech_losers_2011.cnnmoney/ Questions for discussion: Why did these companies have such a bad year in 2011? Is there a common thread that explains why they performed so poorly? What lessons did you learn about… Read more »
Slicing Costs, and Still Serving
Description: You see them all across the country, in shopping malls and street corners, suburban towns and city centers: zombie restaurants. Many of the undead are part of familiar chains that filed for Chapter 11 bankruptcy protection this year: Friendly’s, Chevys, Sbarro, Perkins. The zombie restaurants, barely bringing in enough cash to cover basic expenses,… Read more »
Internet poker owner says he broke U.S. gambling law
Description: One of the owners of three of the largest Internet poker companies pleaded guilty on Tuesday to a criminal charge of deceiving U.S. banks over the processing of gambling proceeds. Source: Reuters.com Date: 12/20/2011 Link: http://www.reuters.com/article/2011/12/20/us-poker-fraud-plea-idUSTRE7BJ1DE20111220 Questions for discussion: Do you think the punishment will act as a deterrent to other illegal actions by… Read more »
Building the b2b brand story
Description: When people hear the term social media, their minds often wander to obvious points like Facebook, Twitter – and possibly the Old Spice guy. But when I’m at conferences and events, people frequently tell me that they obviously see how B2C organizations can embrace and utilize social tools, given that their targets are typically… Read more »
Apple store opens in Grand Central
Description: Apple’s newest store overlooks the Grand Concourse of N.Y.’s Grand Central station and costs the company $800,000 a month in rent. Source: CNNMoney.com – video report Date: 12/09/2011 Link: http://money.cnn.com/video/technology/2011/12/09/t-ts-apple-grand-central.cnnmoney/ Questions for discussion: Summarize the costs to Apple related to opening at this location. Do you think they make sense?
