Business blog
From my previous blog post, an economics professor, Tim Haab, pointed out that pollution is okay as long as its benefits are equal to its costs. The United States’ self-sufficiency in oil provides benefits, but also comes at a high cost. I agree with Claudia Jang though, on how the United States will be able […]
A while back, Wade Larson came and gave my class a presentation of his new venture, UrtheCast (pronounced “Earthcast”). There are many opportunities and possibilities that UrtheCast will open up and I agree with Fergus Arnold on how UrtheCast will be key in creating a global community and opportunities for new global ventures. UrtheCast […]
According to the environmental economics professor, Tim Haab, in this article, pollution is okay. Of course, it does not necessarily mean for companies and society to accept pollution and stop caring about it. Instead, they should look towards the marginal benefits of the extra pollution, and the marginal costs. Basic economics: equation marginals will maximize. […]
Today, there has been a rising awareness of the need to go “green”, to become more sustainable and environmentally friendly. But how does one start about reducing their carbon footprint? It all starts with the awareness of ones’ own usage of resources. If consumers are aware of their power consumption or water usage (and how […]
Recently, major companies and its CEOs have taken on the initiative to go green within their businesses, from saving energy to having a more environmentally friendly supply chain. The question is why would these companies take on added costs, and not maximize their profits? I think these companies are changing the way they operate for […]
The trio of Panasonic, Sony, and Sharp are quickly falling behind in the electronics industry. All three companies are reporting huge losses, and solutions only minimize the damage. Each company is losing ground in the electronics industry, failing to compete with Apple, LG, and Samsung on TVs, phones, and tablets. Panasonic has cut 39,000 jobs […]
Recent research reports from UBS analysts suggested that Hewlett-Packard Co. (HPQ) should separate their business. The splitting of the company’s consumer and enterprise businesses could potentially raise the company’s value. Creating powerful computer systems along with printers to suit the needs of an enterprise compared to simple computers for day-to-day use by the average consumer […]
As the price of gasoline rises more and more, consumers are transitioning to smaller cars. Why buy an expensive, gas-guzzling car, when one can buy a smaller hybrid for a much more affordable price? Consumers can afford more features for a smaller car compared to trucks or S.U.V.s. Smaller cars have better fuel efficiency than […]
iPhone’s recent upgrade to its new iOS 6 platform received negative attention from consumers. Due to rising competition from Google, Apple has decided to implement its own maps for the iOS 6 platform, and removed Google Maps. Apple’s challenge to Google may cause a fall in their customer base. Compared to the eight years of […]
As we all may know, companies often turn to opening their factories overseas. Manufacturing overseas brings to the table obvious benefits, such as lower costs. It also raises an issue of ethics due to their laxer policing of laws – workers and wages. Apple’s outsource manufacturer Foxconn hires intern students from vocational schools to produce […]