After reading Ten Reasons Small Businesses Fail to Grow on the New York Time’s Business Day blog. I would like to expand on point #5 which states that small businesses fail to grow due to a lack of technology. Information technology is a big part 0f almost all businesses now days, whether we like it or […]
Old Mutual, the largest life assurance company in South Africa recently announced it’s plans to go direct with a limited selection of products according this Business Times article. This move would activate the double margin effect by eliminating a broker or agent middle man and having the customer purchase their plan direct from the company […]
In response to fellow Comm 101 classmate Wil Fred Loh’s blog post China’s Impact on the Global Economy I concur that the major economic slow down in China is something to be concerned about. Given that China plays a key role in the supply chain for many multinational companies this decreasing growth rate has potential to severely harm […]
While reading the Economist online I stumbled upon Gulliver’s Business Travel Blog and found an interesting post titled Business lounges in service stations: Petrol, chocolate and a sales meeting. It explores the business idea of multinational company Regus PLC (which provides serviced meetings areas/conference rooms/office space to business travellers worldwide) to set up business lounges in […]
After reading the blog post “Business-As-Usual” in Mexico? by fellow Comm 101 student Joey Luo my attention was drawn to the startlingly poor state of business ethics used within major corporations (such as Luo’s example of Walmart Mexico), particularly in underdeveloped countries. I disagree with Luo’s claims in this post that “it may be the way things are done in […]
Recently I stopped by a local Starbucks on my way to class. On top of feeding my caffeine craving I also decided to pick up a bottle of water upon realizing I had left my own back in my dorm room. After paying and cracking open my bottle I read the packaging. The company, Ethos […]