Car value depreciation has ‘defied gravity’ in the past two years: CoPilot CEO

Posted by & filed under Part 1 Business in a Global Environment, 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: CoPilot Founder and CEO Pat Ryan joins Yahoo Finance Live to discuss the state of the used car market and how prices are shifting back to normal for buyers.

Source: YahooFinance.com – video report

Date: Sep 07, 2022

Link: https://finance.yahoo.com/video/car-value-depreciation-defied-gravity-210245843.html?.tsrc=fin-srch

Questions for discussion:

  • What does the report say about prices and buyer behavior in this industry?
  • What does this suggest about future inflation, interest rates and consumer behavior in general?
    ?

This 59-year-old’s lucrative side hustle: Earning $16,000 a month selling recycled fire pits on Etsy

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.

Description: With inflation on the rise, Tim Riegel wanted a side project for extra income — so in September 2021, he bought seven $90 propane tank ends off Facebook Marketplace.

Source: CNBC.com

Date: Sep 09, 2022

Link: https://www.cnbc.com/2022/09/09/tim-riegel-etsy-side-hustle-recycling-propane-tanks-into-fire-pits.html

Questions for discussion:

  • What does this article teach you about entrepreneurial thinking and creativity?
  • How does an e-commerce site like Etsy help artisan entrepreneurs?
  • Create a brief description of a business idea and plan that you believe could succeed on Etsy.

 

Why Livestream Commerce Is on the Rise

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 4: Marketing Management.

Description: If you’re not selling on social media, maybe you should be.
Livestream commerce, in which brands sell their products to online audiences in real time, is one of the hottest trends in retail. The format is growing in popularity, accounting for $200 billion in sales in China and $11 billion in the United States in 2020. Those numbers are only expected to climb.

Source: https://knowledge.wharton.upenn.edu/

Date: August 31, 2022

Link: https://knowledge.wharton.upenn.edu/article/why-livestream-commerce-is-on-the-rise/

Questions for discussion:

  • What does the the report suggest is happening with online retailing?
  • Why do suppose this is growing in popularity?
  • Do you think there are ways to augment success online? Explain.

More Canadians planning to leave their jobs in the next 12 months: StatsCan

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: The latest jobs data from Statistics Canada shows that more Canadians are planning to leave their jobs in the next 12 months.

Source: BNNBloomberg.com – video report

Date: Sep 08, 2022

Link: https://www.bnnbloomberg.ca/more-canadians-planning-to-leave-their-jobs-in-the-next-12-months-statscan-1.1816789

Questions for discussion:

  • What does the report say about employment, income growth, and management of employees?
  • What are the implications of these concerns for the economy?

Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising

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: Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales.

Source: CNBC.com

Date: Sep 09, 2022

Link: https://www.cnbc.com/2022/09/09/burger-king-400-million-plan-to-revive-us-sales-with-remodels-advertising.html

Questions for discussion:

  • Summarize the highlights for the future.
  • What do you think of these changes, from a marketing and financial point of view?
  • Why is it so important to have the backing of franchise owners?

Why the Housing Market Is Not in Recession

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 6 Managing Financial Resources.

Description: Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession.

Source: https://knowledge.wharton.upenn.edu

Date: Sep 06, 2022

Link: https://knowledge.wharton.upenn.edu/article/why-the-housing-market-is-not-in-recession/

Questions for discussion:

  • What does the article say is happening in the real estate industry?
  • Why is this industry so important to understanding the economy?
  • How are business decisions affected by changes in this industry?

How ‘quiet quitting’ became the next phase of the Great Resignation

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: “Quiet quitting” is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among Gen Zers.

Source: CNBC.com – video report

Date: Sep 02, 2022

Link: https://www.cnbc.com/2022/09/02/how-quiet-quitting-became-the-next-phase-of-the-great-resignation.html

Questions for discussion:

Summarize the key ideas about quiet quitting and changing attitudes as presented in the article.

Do you agree with his analysis?

Discuss the implications for business operations.

Heinz drops ketchup-stained vintage collection to celebrate sustainability

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Heinz Vintage Drip takes a ubiquitous marketing tactic — branded merchandise — and gives it a ketchup-centric spin. Per a YouTube video promoting the partnership, “Clothing drops are everywhere, but Heinz made the original drop.” The concept serves as a pun on both drops of ketchup and clothing drops, as well as “drip,” hip-hop slang about style and clothing.

Source: MarketingDive.com – video report

Date: August 30, 2022

Link: https://www.marketingdive.com/news/heinz-thredup-ketchup-vintage-clothing-sustainability/630830/?utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter%20Weekly%20Roundup:%20Marketing%20Dive:%20Daily%20Dive%2009-03-2022&utm_term=Marketing%20Dive%20Weekender

Questions for discussion:

  • What is this concept all about?
  • Do you think this can work as a brand builder for Heinz?
  • What would you do?
    ?

SPOS #841 – Nathan Furr On The Upside Of Uncertainty

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Here it is: Six Pixels of Separation – Episode #841. In his new book, The Upside of Uncertainty – A Guide To Finding Possibility In The Unknown, Nathan Furr (and his co-author/wife, Susannah Harmon Furr) provide a science-backed guide for navigating and thriving through uncertainty — based on interviews and insights from world-renowned leaders, innovators, entrepreneurs, artists, and creatives. It’s a book for this exact moment in time, and it’s a wonderful read. Nathan is an Associate Professor of Strategy at INSEAD, where he teaches innovation and technology strategy. His research focuses on innovation and technology strategy, particularly how new and established firms adapt to technology change and enter new markets. His research has been published in leading journals, such as Strategic Management Journal, Organization Science, and Strategic Entrepreneurship Journal. He has received various impressive awards and is a recognized expert in innovation, entrepreneurship, and value creation. He also co-authored Innovation Capital, Leading Transformation, The Innovator’s Method, and Nail It then Scale It: The Entrepreneur’s Guide to Creating and Managing Breakthrough Innovation. Professionally, Nathan has acted as the founder or advisor to corporations and startups in healthcare, clean technology, professional services, the internet, retail and financial services industries. Nathan also sits on the investment board of the Kickstart Seed Fund, an innovative early-stage venture fund, and was the founder of the International Business Model Competition, which attracts thousands of innovative teams from around the world in an international competition. If you’re thinking about how to better embrace uncertainty (and, who isn’t these days?), this episode is for you. Enjoy the conversation…

?Source: SixPixels.com – podcast

Date: August 21, 2022

Link: https://www.sixpixels.com/podcast/archives/spos-841-nathan-furr-on-the-upside-of-uncertainty/

Questions for discussion:

  • What does Nathan Furr have to say to business people about uncertainty, innovation and technology?
  • What do you think about these ideas?

Eric Nuttall: Stop dithering, Canada, and give the world what it wants — more natural gas

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Canada is an energy powerhouse with the ability to satisfy much of the world’s growing energy needs for decades to come

Source: FinancialPost.com

Date: Aug 30, 2022

Link: https://financialpost.com/commodities/energy/oil-gas/eric-nuttall-canada-give-world-more-natural-gas

Questions for discussion:

  • What does the article say about the Canadian natural gas industry and what should be taking place?
  • What do you think about the issues raised and the suggestions made?