Category Archives: Commerce 101 Blogs

Article Eric Adler and Julian Chabbott, roommates from Babson University created and founded a free iPhone application called Line Snob. This application gives real time information and wait times and rely on its users to submit information for other users to look at. To … Continue reading →

 Article Lockheed Martin, the United States aerospace, defense, security and advanced technology company’s Full Spectrum Leadership initiative has been running for four years and has created a “shift in how it selects, assesses, and develops leaders—and how those leaders set objectives.” … Continue reading →

A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Motorola is investing more than US$60 million dollars over two years to manage its global … Continue reading →

Energy consumption has increased dramatically in the past century due to industries shifting away from coal to fossil fuels, the development of new technologies, the human population growing exponentially and the rise of energy for personal use. This is affecting … Continue reading →

The word strategy in the context of business is often misunderstood and abused. In the business world, a company’s strategy directs its direction in the long term, while a tactic is how the company meets a short term specific objective. … Continue reading →

“Companies seek social media experts to keep online conversation rolling”  was a title of an article in the Canadian Press. Its contents elaborate on how companies are looking for social media experts to mobilize as part of their business plans. With … Continue reading →

Consumers experience information overload from the various advertisements that they see every single day. It is an advertiser’s job to position their products in the mind of consumers. The easiest way is to be the first. Take for example the … Continue reading →

How could individuals with different backgrounds, perspectives, beliefs and personalities work efficiently and productively in a team? When a team put together to address an issue immediately jumps into action, there is a risk that conflicts, role ambiguity, role conflict and … Continue reading →

The SWOT analysis evaluates the internal Strenghts and Weaknesses, and external Oppurtunities and Threats involved in a project of business venture. It provides a clear and simplified picture of the factors that will create an advantage and disadvantage for the … Continue reading →

  As the business world becomes increasingly globalized and therefore, more competitive, we find that many companies have embraced a disturbing notion; that a profitable outcome is more important than ethical business practice. Take Toyota for example. Ken Basinger, in his article for the Los Angeles … Continue reading →