Peter Nowak had posted a blog post on Canadian Business recently about “Sony visor is in- your- face 3D, on your face”. He had discussed about how Sony actually put its 3D visor into production and also mentioned about the function and feature of the new Sony product. Although the 3D visor will be selling in the market in short period of time, there are still a few downside of this product.

After reading through this blog post, I found it how amazing is the technology in nowadays. How innovation of technology is improving everyday and even every second. By being as a business student, I understand the importance of innovation for a company especially in the technology industry. In order not to get eliminates by others competitors and stays strong in the industry.

Although there are still quite a bit of downside of 3D visor, yet I think they totally are going on a right track of being creative and innovative in order to stay strong in such a competitive industry. Moreover, Sony does think for their consumer points of view by considering on those people who live in a small apartment and not disturbing others.

Citation:

Article: http://www.canadianbusiness.com/blog/tech/58150–sony-visor-is-in-your-face-3d-on-your-face

Photo: http://www.telegraph.co.uk/technology/sony/8733507/Sony-launches-3D-head-mounted-display-visor.html

Recently I have read through one of my classmate, JunNing Fung’s blog post about “Despite lackluster response, iphone 4S will still outshine competition”. He had discussed a possible reason causing the sales increase even though 4S is not the most pleasant new product that consumer want to switch. Through the announcement of the CEO of Apple, Steve Jobs died caused people to believe it will be the most suitable product to commemorate Steve Jobs. After reading JunNing’s blog, I would like to add on a point based on my personal view about the reason causing the increases of sales.

Through this blog post, I agree with his points of view that JunNing mentioned. However, I would like to add on a new factor that could also cause the sales increases. Another factor that cause the increases of the sales could be people might think iPhone 4S would be the last best product for Apple due to the death of Steve Jobs. This could happen because Steve Jobs is the icon that turns Apple from going down slope back to up slope. With the additional points to JunNing’s blog, it gives a wider range of reason why will the sales increase.

Citation:

Photo: http://www.apple.com/ca/

Lately I have read through one of my classmate, Eric Tsai’s blog post about “E – Crime rises as holiday season approaches”. He had discussed how online shopping cause consumers fell into a trap due to the new option to shop in a quick and convenient way. After reading through the blog post from Eric, I would like to add on a few points based on my personal view about how to prevent the issue to be happened in the future.

Through this blog post, I totally agree with his points of view about the importance and realize how serious the problem is. However, I also believe that we should mention how to prevent it is happened before the criminals setting up the websites. I believe there should have a strong and well-organized corporation to censor those websites before they applied. Also, there should be an improvement by creating a strong team with authorizations of charging those criminals. Furthermore, the government should have executed heavier penalty. With our additional points to Eric’s blog, the cyber thieves will be much under control and not easily to achieve their purposes. The criminal case will be much less. This blog will be much complete.

Citation:

Photo: http://www.google.ca/imgres?q=E+crime&um=1&hl=en&client=safari&sa=N&rls=en&biw=1433&bih=716&tbm=isch&tbnid=WVO8YpNWhN_zuM:&imgrefurl=http://www.silicon.com/technology/security/2011/03/28/cyber-cops-to-save-uk-500m-over-next-four-years-39747208/&docid=hLUKov4zoDPRFM&imgurl=http://www.silicon.com/i/s4/illo/photos/2010/january/e-crime_handcuffs_on_keyboard.jpg&w=610&h=407&ei=qe_NTsDsMOSQiALNo5S-Cw&zoom=1&iact=hc&vpx=368&vpy=170&dur=66&hovh=183&hovw=275&tx=172&ty=81&sig=104219164087729350690&page=1&tbnh=164&tbnw=219&start=0&ndsp=18&ved=1t:429,r:1,s:0

In the retail industry, many companies are hiring more/extra part-time employees due to holidays. Since more people are willing to buy goods as a gift due to a holiday culture such as Christmas which cause the amount of order or sales increases. However, companies should also pay more attention of conflicts between new and old employees. If conflicts occur, instead of positive impact, it may actually causes a negative impact at the end of result.

According to the theories of organization behavior, causing a negative impact to the company due to employees can have a few reasons. Communication can be one of the issues between employees. Since there are a lot of new hiring employees during holidays, those new employees may not be able to communicate well with others that causing inefficient and conflict while working. Also an employees’ perception of another may cause conflict as well. Some kinds of perception may include, stereotyping and prejudice. People may judge a person due to their nationality or culture, which leads to conflict between each other. Therefore, in order to reduce the possibility of increase conflict between employees, company should always build up a good relationship with their staff in any circumstance.

Citation:

Article: http://business.financialpost.com/2011/11/18/hiring-holiday-staff-watch-for-conflicts/

Dell is one of the largest technologic corporations in the world in the IT industry founded at United State. They are mainly known as selling and supporting personal computers, servers, and software. In recent years, Dell has an increase of customer base. They are also known for their innovations in supply chain management. Due to a good supply chain management, it helps the cooperation to cut down the cost and lead to be more competitive in the market of the industry.

Due to the good supply chain management, it helps Dell to have a faster, more efficiency and low cost (don’t need to keep stock) between vendors and customers. However it’s difficult to manage because all vendors are not in one place, which instead located all over the world. If any vendor can’t supply on time, whole chain will be ruined. Therefore having a sound relationship such as on-time payment and mutual trust with the vendors is very important in this chain. Let Dell be an example, they have come up with a really good supply chain management. They have a good system and calculate every steps and components precisely. However, Dell will be harmful if they cannot manage well.

Citation:

Article: http://finance.yahoo.com/news/The-Zacks-Analyst-Blog-zacks-3151950039.html?x=0&l=1

Nowadays lots of famous entrepreneurs are starting from a dream. They are all taking the risk and make the dreams come true. Nike’s owner, Mr. Philip Knight, is one of those who turned his dream to come true. Due to their innovation of design, Nike has stimulated the excitement of those people who are watching or playing sports. It pushed out the sportsmen’s potential to the better extent such as breaking world records or their own limit. Their innovations extend the limit of the sport accessories and let those competitors to follow.

They created or designed those new soccer shoes with more specifications; some shoes will strengthen players’ free kicks while some are strengthened with slicing effect. They applied successfully on making the dream come true. They are willing to take the risk as pioneer to launch their new idea into the market and put them into practice. This fulfills the main point of the definition of entrepreneurship.

Due to the above reason, it is no doubt that Nike’s owner Mr. Philip Knight is a real big entrepreneur. He has turned risk into success by creation and innovation. Through looking at soccer products, show that Nike is a real entrepreneur.

Citation:

Article:http://ezinearticles.com/?Nike—Philip-Knights-Success-Story—Famous-Entrepreneurs&id=161605

Surely everyone must know or has been to McDonald once in their lifetime. They are known as selling burgers and fries for many years with attractive prices. In recent years, McDonald has introduced a new brand similar to Starbucks called McCafe by expanding beverage platform that mainly specialize in coffee and cakes into Canada. They are trying to absorb a greater share of beverage market.

By creating a new brand McCafe brings McDonald to step in a new stage /era, but at the same time, the old image – quick – service restaurant arena is still being kept. From MaCafe case, we learn that the continue expansion can lead to a company success due to their breakthrough to the new market and at the same time retain their main role. By doing this, the company will not be eliminated easily by other competitors. Also sometimes from the basic field, it will be easily expanded by making use of the good and old foundation. This may lead to a low cost with a less risk at the same time. Every success must have their behind reasons, and not just by luck such as McCafe.

Citation:

Article: http: //www.ibtimes.com/articles/244869/20111107/mcdonald-s-expanding-mccafe-specialty-coffe%20e-brands.htm

Keep the company running smooth and in the highest position are not easy. Besides developing more items, expand the territory; getting the maximum market shares, we also need to pay attention to the trend.

Tim Horton can do well on above-mentioned points.

Tim Hortons is known for coffee and doughnuts. In 1964, Tim Horton is a simple coffee and baked goods chain. The main consumers are blue- collar roots with family feel. In order to maximize revenues, besides its breakfast base, they expand their lunch and dinner selections recently.

Doing business should look like an innovator who develop more new items to meet the market needs. They always attacked on all sides and at any time.

We need to increase our market shares in order not to be eliminated. We need to have more items for consumers to have better choices. Tim Hortons did by creating new line of product such as Latte and espressos.

Not only that, expanding locations is the must.

The trend is slightly changed that they want to have a break after high-pressure working. So Tim Hortons needs to create a relaxing atmosphere for the consumers.

Keep improving and changing is the only way of survives.

Citation:

Article: http: //www.cbc.ca/news/business/story/2011/11/02/tim-hortons-latte.html