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Public schools V.S. Private schools

When it comes to whether or not private schools are better than public schools to cultivate teenagers’ entrepreneurial skill, different people have different opinions. Some people hold the view that private schools provide better facilities than public schools; however, others maintain that public schools are funded by the government, thus those certified teachers consider more about how to educate their students in a proper way.

It is obvious that private schools are not subject to budget limitations imposed by the government, so they have the freedom to develop their own curricula. For instance, they provide interest groups, performing arts, all kinds of clubs, which helps to build their learning skills as well as social networking. Teachers are also required to be involved by coaching a sport. Because sports and extracurricular activities are such an integral part of a private school program.

Entrepreneurship is the pursuit of opportunity beyond resources controlled. Private schools have smaller class sizes, thus it is possible for teenagers to develop their skills, because they own more precious opportunities to merge themselves to variety of clubs and activities.

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Recently, the report has echoed a separate critique by the official China Daily newspaper that Starbucks has been able to enjoy high prices in China. Some hold the view that it mainly because of the blind faith of local consumers in Starbucks, others maintain that holding Starbucks is kind of the representative of the rich (Jourdan, 2013).

The research shows that a medium-size latte in Beijing costs 27 Yuan ($4.43), or one-third more than at a Chicago store in United States. Clearly, consumers are increasingly aware of these prices differences, and it is going to be a hot topic among people. Although, in Canada, it is common for consumers to have Starbucks; while in China, branded coffee is something people are treating as a luxury good and they are willing to pay for that luxury experience.

So why is there a price difference between China and other countries? The pricing strategy in China, is tied to local business costs such as labor costs, infrastructure investment, real estate and rent. It mainly because the addresses of Starbucks in China are basically at CBD(Central Business District).

Does Chinese really understand why they charge more? It still remains a question for us to figure out (Allen, 2013)

Reference:

Allen, K. (2013, Octorber 23). Starbucks CEO defends Chinese price structure. CNBC. Retrieved from http://www.cnbc.com/id/101136714

Jourdan, A. (2013, Octorber 21). Starbucks under media fire in china for high prices. Reuters. Retrieved from http://www.reuters.com/article/2013/10/21/us-starbucks-china-pricing-idUSBRE99K03P20131021

 

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Amazing sales on China’s Singles’ Day

Recently, I have read the article (Tmall) that was written by Cindy, one of my best friends. And I agree with her points for the following reasons.

Not surprisingly, China’s largest e-commerce company, breaks one-day sales record by more that 80 percent as it heads toward an IPO( Initial Public Offering) that may be valued higher than Facebook Inc (“Alibaba breaks sales,” 2013). Tmall and Taobao are two main platforms of Alibaba, one of the largest e-commerce companies in the world, topped 35 billion Yuan ($5.75 billion) in the 24-hour period on China’s Singles’ Day, a local twist on Valentine’s Day.

For example, as for me, an international student from China, I also asked my mom to buy me a pair of shoes online on November 11. This is a stunning example, but it is common because incomes rise across China, and the popularity in China is extremely huge.

Recently, it has been valued by analysts at as much as $190 billion, compared with Facebook’s $104 billion valuation after its market debut.

The company is moving toward an IPO in the United States, which means the shares of stock in the company are sold to the general public for the first time. There are lots of advantages of IPO, for instance, raising expansion capital, monetizing the investments of early private investors, etc. In my opinion, it will be a potential market for Chinese customers, because shopping online is so convenient compared to shopping in a departmental store.

 

Reference:

Alibaba breaks sales record amid china singles-day rebate. (2013, November 12). Bloomberg. Retrieved from http://www.bloomberg.com/news/2013-11-11/alibaba-breaks-sales-record-on-china-singles-day-amid-discounts.html

https://blogs.ubc.ca/zhujunye/

http://venturebeat.com/2012/11/13/chinese-online-mall-taobao-reports-3b-yes-billion-in-sales-in-one-day-infographic-in-chinese/

 

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Black Friday is the Friday following Thanksgiving Day in the United States, often regarded as the beginning of the Christmas shopping season. (wikipedia). Shopping for Christmas presents is extremely popular on that day annually.

Metropolis at Metro town, Vancouver will open their doors at 7:00AM for their first ever Black Friday Sale. As far as I am concerned, it will be like a mini Boxing Day (Thomas, 2012). The information has already been released now. The most appealing thing is that they are going to offer amazing deals for a whole weekend and those people who are the first 250 in line will also receive a Metropolis gift card that could be worth up to $500. It is clear that Canadian business, as the point in the year begin to profit, putting them in the black, instead of red.

Though it will be good news for the customers in Vancouver, however, it is not for those workers. Workers are latest to join the strike wave, with weeks to go before a Black Friday showdown. This mainly because Black Friday will be the busiest shopping day and consider equivalent of Boxing Day.

 In my opinion, managers should give incentives to those workers who work on Black Friday. For instance, giving extra “holiday pay” for their sacrifices, as well as getting a 25% discount off one purchase, regardless of how many items they buy at that time(Vieira, 2013). Those reward systems can motivate their employees to a great extent.

Reference:

Thomas, S. (2012, November 15). Vancouver stores fight back against black Friday sales . Vancouvercourier. Retrieved from http://www.vancourier.com/news/vancouver-stores-fight-back-against-black-friday-sales-1.385912

 Vieira, D. (2013, November 12). Wal-Mart to give black Friday workers thanksgiving dinner, extra holiday pa.examiner. Retrieved from http://www.examiner.com/article/walmart-to-give-black-friday-workers-thanksgiving-dinner-extra-holiday-pay

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Invade the privacy through spyware

With the development of modern technology, more and more advanced spy devices are being invented. As a result, the use of spyware has been understood differently by people. Some people use it to hack other people’s computers or to invade their privacy. I strong disagree with this practice for the following reasons.

Recently, Anonymous hackers have secretly accessed U.S. government computers in multiple agencies and stolen sensitive information, then left “black doors” to return to many of the machines as recently as last month. It is widely believed that attempting access to someone’s computer without their concerns knowledge is illegal. However, spyware creators remain largely untouched because of the way which finds itself on people’s computers. For instance, spyware usually come with the software that people download and it is normally mentioned in the license agreement that users must click consent before installation. However, most users ignore this agreement and just click “Yes” or “Agree” to proceed, which remains a problem for their lives in the future.

Personally, I dislike putting spyware into people’s computer is that such practice is immoral. People have their own secrets which they do not want to tell anyone in their entire lives. However, a hacker can easily obtain people’s private information by setting spywares on their computers. This allows him to obtain a chance to see everything that is contained in their victim’s computer.

There are several cases after putting spyware on computers. Some business information and important documents even be stolen by the hackers. We do need to live professionally and morally.

https://blogs.ubc.ca/etec/2013/11/16/fbi-warns-of-u-s-government-breaches-by-anonymous-hackers/

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Is Facebook fading?

Recently I have found that most of my high schoolmates checked their Facebook sites less often, and some of them even have deleted their accounts. As for me, most of online social activity revolved around Facebook before I graduated from high school. But now, I rarely add photographs or post updates about what I have been doing anymore.

From my point of view, the function of Facebook may now not be different from what it was, so the service becomes lack of appealing to me. Perhaps it is no longer as crucial as it once for social survival.

So where are teenagers going instead of Facebook? I prefer to use WeChat, a mobile messaging app that is rapidly growing in popularity, especially among Chinese communities. In Western countries, teenagers also switch their desire to Snapchat, where youngsters can have fun and enjoy themselves and truly be themselves. Also, there are other similar apps (Olson, 2013), for instance, Twitter, Skype, Instagram, Kakao Talk (popular in Korea) and Line (popular in Japan).

It is clear that teenagers are always the initial adopters, if teens are going to use Facebook less often, youth-oriented advertisers will certainly spend less of their marketing budget on the site, which will definitely affect the further steps of the companies.

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What is wrong with smartphones?

Breaking news has come out recently that some of the top free mobile applications of Android are associated with substantial security issues and privacy risks as well. They tend to monitor your behaviors as they share unencrypted date instead of providing entertainment solely.

In my opinion, we do need to take some time to read the permissions of installing new applications instead of skipping it quickly. Nowadays, more and more people are purchasing smartphone, and they tend to keep their private photos or even work information on their devices; so there is great risk for users which allows the personal information being shared with other third parties.

By which way did they get our information? A recent research has indicated that entertainment apps are most likely to track for user location and share data with third parties. There are risks, of course. Customers have to be sure the policies are genuine, we should double check the permissions before admitting to upload the apps. For example, Apps like Renren, Facebook, Map can to great extent monitor our behaviors by searching our locations.

Furthermore, Appthority released the information that iPhone apps even steal more user data than Android apps.

http://www.thegadgetmasters.com/2013/03/06/iphone-apps-steal-more-user-data-than-android-apps-report/

http://jingji.cntv.cn/2013/03/15/ARTI1363354929366253.shtml

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Online insurance policy

Recently, a debate has been raging as to whether or not purchasing online insurance is better than offline. Some people believe that buying insurance online is cheaper by nearly 60 percent or even more. It mainly because there is no intermediary involved in the process, customer can directly choose what they want by their own; comparing to offline mode, online consumers have lower mortality risks to some extent. While others maintain that we can choose more suitable offline term plans with the help of assistants.

With the development of the Internet, websites are transforming industries known for high barriers to entry and conservative business model. A recent research has shown that a growing number of insurance companies have already moved online to keep pace with the Internet age. Unlike other offline channels, Internet provides instantaneous results and online tracking opportunities are exceptional. Without going out, considering about the traffic, parking problems, we can just use our mouse to make decisions.

But not all insurance plans are suitable for online sales, for instance, life insurance. Because choosing life insurance, we should pay attention to every single rule carefully, and we should also update a lot of health information, which needs to be verified.

http://profit.ndtv.com/news/your-money/article-four-reasons-why-you-should-buy-term-insurance-policy-online-325996

 

 

 

 

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Will the housing prices in Shanghai still go up?

At the end of the September, a free trade area in Shanghai China was open according to a senior government official. A new and dynamic mode of intellectual property administration is introduced to the public.

The chief of the Shanghai Intellectual Property Office, Lyu Guoqiang said that the area will break the conventions observed in most major cities. Clearly, the trend is that free trade areas tend to have higher standards for intellectual property protection and they provide the high-tech for further development of national economy. The 28.78-square-kilometer area, comprises four existing bonded zones in the metropolis. It is predicted that the existing of the area will to some extent change the way of finance, trade, tax, service industry and government administration.

From my point of view, residential property prices in shanghai will still increase dramatically. Shanghai aimed to be the trade and finance center of the Asia-Pacific region approximately ten years ago, thus planners will definitely concentrate more on the local business community. These business issues stimulate more investors to invest housing in Shanghai because of most attractive jobs are located.

Will there be a massive shift for governments to look to profit rather than land sales? Wait and see.

http://bbs.isvoc.com/43513.html

 

 

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Comment On Sanlu Milk Powder

Business ethics become much more important in business environment nowadays to a great extent. In the year 2010, the incident of Sanlu milk powder has become as the most breaking news in China, it mainly because the powder had beed contaminated with a poisonous chemical which can cause great damage to infants’ health, even leads to death due to kidney stones.

Although they recalled the powder in the end, however, the producer still need to be awareness of that they should be morally honest instead of cheating consumers.

From my point of view, government, consumers and producers should work together more tightly. On the one hand, purchasing profit and economic growth at the expense of health an life of people should be punished by government regulation. On the other hand, we consumers do should develop an awareness of how to protect our legal rights and begin to fight against these incidents.

http://www.360abc.com/article/1994.html

 

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