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 6 Managing Financial Resources.

Description:  If negotiations fail, Hostess and its unions will face off in a trial over whether the company can scrap its labor contracts-an example of how wage levels across many once-vibrant industries are falling. Mike Spector reports on Markets Hub. Photo: Paul J. Richards/AFP/Getty Images.

Source: Marketwatch.com – video report

Date: 04/02/2012

Link:  http://www.marketwatch.com/video/asset/hostess-serves-new-batch-of-cuts/A64EE3DD-0867-4DE5-B20B-F85496993B9A

Questions for discussion:

  • Summarize the main points presented in this report.
  • What are some possible resolutions that you would put forward as a labor conciliator?

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:  Web-based movie download and rental services, coupled with tablets and connected TVs, have led to greater online movie consumption

Source:  emarketer.com

Date: 04/02/2012

Link:  http://www.emarketer.com/Article.aspx?R=1008945&ecid=a6506033675d47f881651943c21c5ed4

Questions for discussion:

  • Summarize the changes taking place.
  • What are the reasons for these changes?
  • How would you suggest the industry respond?

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

Description:   (MoneyWatch) Many of us have been there. Your company decided to do “stretch goals,” or, if an executive had recently read a Jim Collins book, “BHAGs” (big, hairy, audacious goals). Someone — often a senior executive — may have encouraged you to “treat it like a game,” and “make it fun.” The tag line is: even if we get to 50 percent of the goal, we’ll be in great shape. Its high-fives all around as people set insanely high goals, just to show people (and themselves) what they can do.

Source:  Moneywatch.com

Date: 03/29/2012

Link:  http://www.cbsnews.com/8301-505125_162-57405962/is-your-company-like-the-hunger-games/?tag=nl.e664

Questions for discussion:

  • What are the managerial issues described in this report?
  • How do they compare to textbook models of behavior?

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

Description:    In her black robe and strand of white pearls, Lucy Koh projects the serious, deliberate demeanor befitting a U.S. District Court judge.

Source:  Businessweek.com

Date: 03/29/2012

Link:  http://www.businessweek.com/articles/2012-03-29/apple-s-war-on-android

Questions for discussion:

  • What are the issues involved in this conflict?
  • Who do you think has more credibility?
  • How do you think this will play out?

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.

Description:   In 2008, Chad and Sandra Ballantyne moved their marketing and Web design company, Rhubarb Media, into its first office – a 1,300-square-foot space in downtown Barrie, Ont., which they shared with another small company.

Source:  GlobeandMail.com

Date: 04/02/2012

Link:  http://www.theglobeandmail.com/report-on-business/small-business/sb-marketing/customer-service/entrepreneurs-jump-on-co-working-bandwagon/article2386076/

Questions for discussion:

  • What lessons are there in this report for entrepreneurs?
  • What are the advantages and disadvantages for co-working?
  • What are some other co-working ideas that might work well?

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 6 Managing Financial Resources.

Description:  Manufacturers grappling with rising labor costs and worker demands in China could face further pressure if a critical probe of a major Apple supplier sets a new standard for China’s factory workers, Andrew Dowell reports on digits. Photo: Getty Images.

Source: Marketwatch.com – video report

Date: 03/30/2012

Link:  http://www.marketwatch.com/video/asset/apple-labor-pact-could-ripple-across-china/ED326ADD-8C33-4B32-B463-A4BD5BA1D89C

Questions for discussion:

  • Summarize the main points presented in this report.
  • Do you think the criticism of Apple’s role is warranted?
  • Do you think working 60 hours a week is unfair?
  • How do you think this decision will influence other companies in China?
  • How would you deal with this problem if you were part of management at Apple?

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:  Best Buy Co., the largest U.S. electronics chain, swung to a fourth-quarter loss, hurt by charges and lower sales of notebook computers and televisions.

Source: Marketwatch.com

Date: 03/30/2012

Link:  http://www.marketwatch.com/story/best-buy-swings-to-loss-to-shut-50-stores-2012-03-29?siteid=nwtwk

Questions for discussion:

  • Summarize the reasons for Best Buy’s financial problems.
  • Do you think they can be resolved easily?

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

Description:   The events aboard a March 27 JetBlue Airways Corp. (JBLU)flight, on which the co-pilot locked an erratically behaving captain out of the cockpit and diverted the plane to a safe landing, show how much has changed in a culture once typified by autocratic captains browbeating underlings even in the face of potential hazards, safety specialists said.

Source:  Bloomberg.com

Date: 03/30/2012

Link:  http://www.bloomberg.com/news/2012-03-30/jetblue-actions-show-how-training-altered-cockpit-culture.html

Questions for discussion:

  • What are the managerial lessons described in this report?
  • Do you think there are similar cultural problems that need to be addressed in other work environments?

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

Description:    How much should a diabetes screening cost? Does 50 bucks sound about right? How about $400? Doctors in the same health insurance network charge vastly different prices for common preventive tests, according to a report to be published today by Change Healthcare, a company that helps employers and health-plan providers understand the cost of their members’ medical care.

Source:  Businessweek.com

Date: 03/28/2012

Link:  http://www.businessweek.com/articles/2012-03-28/getting-a-grip-on-medicines-slippery-price-tag

Questions for discussion:

  • How do you explain the wide range in prices charged for the same service?
  • How does this affect insurance premiums?
  • Is there a solution to this problem?

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

Description:   There are few games out there that test one’s strategic thinking better than chess. A well thought-out plan, coupled with the ability to anticipate and out manoeuvre your opponent, invariably leads to the capture of your opponent’s king. Game over. The world of business is essentially built on the same basic principles, but in this case, the prize is revenue, earnings, market share and share price growth. In an increasingly integrated, competitive and fast-paced global economy, the path to these riches is complex and by no means certain.

Source:  GlobeandMail.com

Date: 03/27/2012

Link:   http://www.theglobeandmail.com/report-on-business/international-news/global-exchange/international-roundup/apple-v-rim-what-canadian-companies-can-learn/article2381258/

Questions for discussion:

  • Summarize the criticisms leveled at management.
  • Are they warranted in your opinion?
  • What should management do now to improve investor relations?
  • What should management do now to improve customer relations?