Description: CEO William Weldon admitted to lawmakers that his company made mistakes involving numerous recalls, but never explained how they happened. Source: CNNMoney.com – video report Date: 10/01/2010 Link: http://money.cnn.com/video/news/2010/09/30/n_tylenol_recall_hearing.cnnmoney/ Questions for discussion: Summarize the plan at Starbucks to expand into other businesses by using the web? Do you think this plan will be successful?… Read more »
Posts Tagged: Economic Challenges Facing Contemporary Business (p66)
World’s largest off-shore wind farm
Description: Off of the coast of Great Britain, 100 wind turbines power 200,000 homes Source: CNNMoney.com – video report  Date: 09/23/2010 Link: http://money.cnn.com/video/news/2010/09/23/n_gb_off_shore_wind_farm.cnnmoney/ Questions for discussion: Do you think this energy business would be as successful, without government subsidies? What role should government play in helping emerging enterprises establish themselves? Are subsidies fair to… Read more »
iPad clones hit shelves in China
Description: As Apple launches the iPad in China, locally-made wannabes are released at a fraction of the price. Source: CNNMoney.com – video report Date: 09/17/2010 Link: http://money.cnn.com/video/technology/2010/09/17/t_iclone_china.cnnmoney/ Questions for discussion: Do you think consumers will look at these devices as equivalents to Apple iPads? How is Apple able to sell iPads at five times the… Read more »
Small business: Stop ignoring us!
Description: Business owners from across the U.S. say the government should clarify its stance on taxes and do more to help them. Source: CNNMoney.com – video report  Date: 09/08/2010 Link: http://money.cnn.com/video/news/2010/09/08/n_small_business_owners.cnnmoney/ Questions for discussion: Summarize the comments made by the small business owners in this report. Do you agree with their positions? Why are… Read more »
Japan CEOs Learn `Globish’ to Expand Overseas as Economy Stalls
Description: Oki Matsumoto, chief executive officer of online trader Monex Group Inc. and a former Goldman Sachs Group Inc. partner, has a solution to Japan’s stagnant domestic economy: Learn “globish.†Matsumoto holds regular parties at the Tokyo-based company where employees must speak globish, or global English, a language for non-native speakers using basic grammar and… Read more »
Ideas Wanted: Multinationals Open Doors to Entrepreneurs
Description: Giants such as GE and PepsiCo are sponsoring competitions that let startups strut their stuff. Source: Businessweek.com  Date: 08/26/2010 Link: http://www.businessweek.com/smallbiz/content/aug2010/sb20100825_281270.htm Questions for discussion: Why does this open-door approach work well for both parties? How is this good for customers? What are the benefits for the economy as a whole?
Why Andy Grove Is Wrong About Job Growth
Description: Reigniting job creation in the U.S. won’t happen by becoming more like China and India. Source: Businessweek.com  Date: 07/09/2010 Link: http://www.businessweek.com/technology/content/jul2010/tc2010079_953836.htm Questions for discussion: Summarize the main arguments presented in this article. Do you agree with the points made about entrepreneurialism and economic growth? What, if anything, should governments do to encourage entrepreneurial… Read more »
A Wide-Open Market for Tesla
Description: Fresh off its successful IPO, electric car maker Tesla is finding a receptive market in Europe for its green technology. MarketWatch’s Shawn Langlois gets behind the wheel of the Tesla Roadster to see if it lives up to the hype. Source: Marketwatch.com – video report Date: 07/02/2010 Link: http://www.marketwatch.com/video/asset/europe-a-wide-open-market-for-tesla/7A810918-DDB8-426E-944A-B961E5ECE057 Questions for discussion: Who is… Read more »
Andy Grove: How America Can Create Jobs
Description: The former Intel chief says “job-centric” leadership and incentives are needed to expand U.S. domestic employment again Source: Businessweek.com  Date: 07/01/2010 Link: http://www.businessweek.com/magazine/content/10_28/b4186048358596.htm Questions for discussion: Summarize the arguments presented in this article. Do you think they are self-serving for Intel or a correct way of thinking about the way forward for American… Read more »
Why Coca-Cola succeeds in Africa
Description: Former CEO Neville Isdell explains that the franchise system makes business owners in Africa feel more invested in the company. Source: CNNMoney.com – video report Date: 06/26/2010 Link: http://money.cnn.com/video/fortune/2010/06/26/f_gf_coke_africa.fortune/ Questions for discussion: What are the reasons presented that explain Coca-Cola’s success in Africa? Do you agree with the explanation? Are there other reasons that… Read more »