If the United Nations was fully funded why would we need the Arc or social enterprise?

The UN’s job is to maintain peace among countries and solve world problems. A social entrepreneur is someone who invents a product or business designed to tackle a social problem and create positive change. The UN cannot solve all world problems on its own. The world needs social entrepreneurs to come up with reliable, cost efficient, and easy methods to solve the billions of problems that occur around the world. For example, the ARC initiative helped educate Ms. Tesfaye in how she could turn her business around and make a greater profit to provide for herself. She learned how to reorganize her business strategy by differentiating her business and attracting a larger market. We need ARC and social enterprise to stregthen the economies of impoverished areas and to educate people on how best to run their business and maximize their profits.

Uber Attempts to Raise $1 Billion

Is it possible for Uber to take over the taxi industry? If Uber successfully raises enough money to expand internationally this could be the result. Uber is a service that enables a customer to be picked up and dropped off at the ease of a phone call or request through the app. Taxis are not always easily accessible, take longer to call for, and are expensive. Uber is meant to be a fast, easy, and safe method of transportation when one doesn’t have a method of transportation to get to their destination. If Uber expands internationally, it could destroy the taxi industry because it provides a cheaper service. In addition, Uber is utilized not only in busy areas where taxis patrol, but also in urban settings where there are not usually taxis around. Uber has revolutionized easy transportation when one doesn’t have a car accessible in all kinds of environments, including the city and the suburban areas.

Different ways to Utilize Snapchat

Snapchat became a popular app among young adults for sending photos and videos to friends quickly, and easily. Now, snapchat is expanding their target market and adapting to a form of social media businesses can utilize. Just how companies post ads on Facebook and it shows in the newsfeed, snapchat can be used to target certain consumers by sending snapchats of their product. Snapchat is a social media platform currently underutilized by companies, so the potential to use snapchat as a point of difference is huge. Taco Bell has taken full advantage of snapchat. By sending snapchats of food to consumers, they are more likely to attract customers who are hungry and see a picture of a taco from their phone. As Sujan Patel explains, Taco Bell has a “80% open rate on the snaps they send”, meaning that they advertising is directly being seen by the consumer. This method of advertising is more personal and fast, both of which significantly strengthen a companies marketing strategy.

Oil Falls Fifth Day in Six as OPEC Cuts Demand Outlook

The demand for oil is continually decreasing, as alternative forms of energy become more popular. “Demand for crude from the Organization of Petroleum Exporting Countries may fall to a 14-year low of 28.2 million barrels a day in 2017” causing the price of oil to decrease in order to account for the surplus. Many people are looking towards alternative energy sources to save the environment as well as long term payoff. If the demand for oil becomes to low, many countries whose main export is oil will suffer. The U.S is the largest oil consumer in the world, and still is increasing their consumption, however as people switch to hybrid vehicles such as the Nisaan Leaf and Tesla oil consumption will begin to decrease. How can the oil industry save itself? Oil is eventually going to run out and harms the environment, so it is likely consumer habits will change to protect the environment by using safer forms of energy.

 

 

Taxing Sugary Drinks

Berkley, California has voted on taxing sugary drinks by 1 cent per ounce. The tax will be paid by the consumers, forcing them to rethink if they want to pay more for a sugary drink verses a more healthy alternative. This initiative may bring awareness to increasing rates of obesity and diabetes in the states as well as in the rest of the world. As Michael Robert states, other cities may follow Berkley in voting to tax sugary drinks. If that happens, the tax will significantly effect the soda/sugary drink industry because less people will be inclined to buy their product. Could this tax potentially destroy the soda industry, if enough people understand the harms of obesity and begin to change their eating habits? Many companies may have to rethink how to reformulate their product to make it healthier to avoid the tax and loss of consumption. Companies with a more health conscious outlook, such as Whole Foods, may begin to take over the food industry in coming years.Screen Shot 2014-11-06 at 2.54.49 PM