Finally I get to write a blog about a topic I have been debating for years. While searching for a topic for my external blog, I came across Nick Loper’s blog.

The topic for this blog was “to get an MBA or to start a business”? In the post, the author discusses how getting an MBA would help him and if doing it would be worth it. He then talks about his fear of falling behind if he did not get a MBA and what would the employers even think of him if he had an extra degree?

He then discusses the pros and cons of a MBA degree and also gives the views of many people in the post.

Honestly, I think that getting an MBA is definitely worth it. People may say that not doing an MBA saves lots of money which could otherwise be used to do better things like start a business. But, I believe that a MBA gives you the tools to start your own business and excel in it.

In today’s world, many entrepreneurs are dropouts and are doing really well. But, I really think that the experience that an MBA degree gives to you is much more valuable than the money spent on it. I totally agree that it is a huge financial burden and forces debt on the people doing it.

But, in the long run it does pay off. As for me, this is what I think, but honestly I don’t know if I am ever going to get a MBA degree, but I would recommend it to anyone debating about it.

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In Troy Chesley’s blog, he discusses about a change being brought about by Daniel Meyer, the Chief Executive Officer of Union Square Hospitality Group in his 13 restaurants known as the “no-tipping policy”.

The dining industry in today’s world is all about the experience and one thing that troubles me at the end of the experience is that I have to calculate what to tip the waiter. Honestly, after reading this article, it does make sense to me.

The experience that I receive at the restaurant is a collective effort and everyone in the restaurant should be compensated equally. From the cleaner to the Head Chef, from manager to waiter, everyone is equally responsible in a restaurant, then why do only the waiters get compensated?

The no-tipping policy would actually help the waiters too. Referring to an article from 2014 about why there should be no tipping, it says that the tipped minimum wage in USA is $2.13 which is way below the Full minimum wage. This means that the waiters working under such pay scales are living in poverty. Their lives rely on the tips they get. If only they got something around the actual full minimum wage, they would not care about the tips.

Mr Chesley in his blog agrees with the fact that tipping should be abolished and that the tip amount should be included in the bill by the restaurant itself. This way everyone in the restaurant feels equally compensated and also restaurants can get better chefs because they would know that the tips are being shared equally. According to me, adopting this policy would be a win-win for everybody.

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I am opposed to the ‘one for one’ business model because it restrains the growth of the people they give aid to and also hinders the growth of the businesses in the areas where they give away their products.

The intentions of the one for one business model are pure but the effects that this model has on the community as a whole is not good. When free goods are given away to people who cannot purchase them leads them to be dependent on such sources. Even the businesses in the area feel the pinch because when free stuff is given away nobody wants to buy products, they start depending on such organisations.

A better technique of philanthropy would be to give employment to people, train them to achieve more, educate them about practices that can help grow in life. Like the idea of setting up manufacturing units in areas where people cannot meet their daily requirements would be a good way to start. Giving employment ensures that people earn money to buy what they need.

Another way of helping people would be to help them pursue their ideas. People who have innovative ideas but not the resources, usually end up not going forward with their ventures. Giving such people loans on no interest rate can help them achieve a lot.

Charity is important, but making people capable is even better. Medical help, essential clothing, food and water need to be given away to people in need but giving away products that companies produce is not a good idea according to me.

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Kexin Cheng’s blogpost discusses about Amazon’s plans to introduce drones for delivery. In her post, she discusses how Amazon says it would introduce drones for delivery of goods to customers within 30 minutes by 2017-2018.

Drones in today’s world being used for delivery of goods does not seem like a big deal to me, but the question is that if the world is ready for a change like this?

According to me, it is very possible that this can be done. Technology in today’s world can make it possible. A lot of people would oppose drones by raising safety concerns, unemployment, but to be honest it would be a big hit and would save so much money for Amazon.

Initially, Amazon would have to spend a lot of money in investing in these drones but it would pay off as they would save so much money on delivery in the future and also they would be environment friendly as they would be saving costs on fuel.

It is evident that the world will adopt this change because machines are being used almost everywhere in today’s world. Even in the automobile industry, machines are used extensively for production. They would also make a lot of money by using drones. Because, initially everybody would want to see their goods being delivered by machines, so there would be a lot of demand for goods from Amazon.

All in all I think it would be a great venture to pursue and I am really excited to see how Amazon implements its idea and what follows.

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Recently, Bombardier Inc. has been in the news for being in financial trouble due to their delay in production and development of the new Cseries. Bombardier states that the Cseries would consume 20% less fuel per trip than its competitors.

The company does not have enough money to finish its development and production, which is the reason why the Quebec government wants to bailout the company. The company contributes to 2% of Quebec’s GDP and gives employment to a large number of its citizens. The Quebec government has confirmed the company a bailout amount of $1 billion and has also asked the Central government to step in.

As the new Liberal Government has already begun working, the company is expecting a lot from them. Justin Trudeau recently said, When the Canadian government decides whether to give aid to aircraft maker Bombardier Inc., it will take into account any possible trade challenge that might arise as a result.

Bombardiers troubles do not seem to end as one of its customers, Porter Airlines ordered a dozen of the new C-series on the condition that it would be allowed to fly to the Billy Bishop Toronto City Airport. The Transport Minister recently said that it would not allow passenger flights to fly out of that airport.

Another analysis shows that Bombardier would lose $32 million for each Cseries built in 2016-17.

According to me, the Government should properly analyse before investing into Bombardier and also know what could happen if they did so because the company’s management does not seem very stable. The decision will be very hard as Bombardier contributes a lot to the national economy and also to the Industry as a whole.

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