Two Way Bridge

 RainbowBridge

            I believe that the Arc is a “two way bridge” that is valuable for both civilians in developing countries and developed countries. Through this relationship, students are able to gain knowledge and perspective of how to run a business and create solutions by being able to experience problems first hand. While students are immersed into a different country and culture, they are also able to learn and understand the countries “social customs, trust building and business practices.” As well, local communities are able to benefit by learning how to maintain and become independent in their community in the long run. Whereas, the United Nations may help civilians indirectly, and provide them with short term support. Ultimately, the United Nations would not solve their problems, help to sustain local communities, and help further grow their businesses, but make them become dependent upon the funding from the United Nations, which is concerning. However, the United Nations plays an important part globally, helping keep peace, the spreading of HIV/AIDS and providing universal education. Therefore, both the United Nation’s and the Arc are needed on a global scale to make the world a better place.

Happiness is Key

In class, we discussed how Zappos had organizational culture where their employees were motivating themselves having the same values and beliefs as the company. This along with having a good environment, and benefits which help relieve employees stress, aid in Zappos success by having a high quality of service. I discovered an article and I think that a person’s job and mood are interrelated. If a person is content then they are more likely to do a better job. However, if a person is happy, it is most likely created from their job as an average American will spend 10.3 years of their lifetime working. When people are not passionate about their jobs, they consistently do not show up, or their quality or work isn’t productive. It was interesting that America had a “disengagement crisis at a staggering $300 billion in lost productivity annually.” Google provides nap pods, free meals, and free facilities, and in return employees are productive and passionate, and a low turnover rate is shown. Recently, Google started covering the cost of Foundation Medicine’s DNA tests for employees and their family-members suffering from cancer. This will further encourage employees to dedicated themselves to their work. I believe that these are not the only factors that will help companies succeed, but is one of the more important factors in helping a company thrive.

Google

 

 

 

 

 

Social Media

 

I agree with Yasmin Bendror’s blog in which social media is a game changer for businesses. With Americans spending on average of 37 minutes or more on social media, a higher time-spend than any other major Internet activity, including email, they will be more susceptible to hear about products and services. I believe that companies can reach their target market more often and be able to get feedback more quickly and more easily. In addition, another benefit of social media is that companies can connect with their customers after their purchase, to strengthen their customer relationship. Companies can be more easily accessed as well as their customers because customers can receive updates, promotions or earn special discounts, which help the company grow. Although businesses are quick to approach social media, “businesses that use social media as part of a planned corporate approach are 1.5 to 2 times more likely to anticipate revenue growth than ad hoc users”. Therefore businesses should have a strategy for social media and make it more effective. Overall, the number of people accessing the Internet via a mobile phone increased by 60.3% to 818.4 million in the last 2 years. This reinforces how much it is becoming a huge part of everyday life; therefore businesses should invest time, money and effort into social media.Internet

Is That a Ferrari ?

Ferrari599_A6_1

 

 

Many images of expensive luxury cars and exotic vacationing are often found on social media. Why? Social media isn’t just a way for people to connect and communicate, but for people to post extravagant and luxurious photos depicting their wealth and luxurious life. This may be the case for many people, but what they don’t know is that they are incriminating themselves. Social media is public and anyone can access their posts. Social media has become very prevalent in today’s society and it has now become a helpful tool for the Canadian Revenue Agency to find people whose lifestyle does not match up with their income stated on their tax return. The Canadian Revenue Agency calls it “Indirect Verification of Income” and it’s an audit technique employed by the CRA. For example people who are sending their children to private school, taking luxurious vacations at resorts and driving a luxurious car but only are reporting that they earn around $45,000 on their tax return per year, will be more susceptible to an audit by Revenue Canada. If caught underreporting income, they may be subject to tax penalties or even prosecution. Therefore people should be careful and watch what they post because you never know who is looking at your social media page.

 

Housing in Vancouver

Being a Vancouverite and a student, Calen’s Blog about Vancouver’s housing industry really caught my attention. I have known that Vancouver’s housing industry has been increasing rapidly, but not to its full extent. Prices in the $2-5 million range have risen by 49% since 2009! I learned that this is mainly due to foreign investors, who are securing their money by buying property in Vancouver. It’s unbelievable that Asian investors, mainly mainland Chinese, make up “90% of sales of properties costing $5 million and more.” All of these foreign investors and inflation of prices are causing concern among many Vancouver residences. Therefore, I am really fond of Calen’s idea of making “investors” who are spending a small amount of time in their homes pay an extra fee. This would really support Vancouverites and others, who really work hard and deserve to live in the city. Recently Vancouver is ranked as the second least affordable major city after Hong Kong for the past three years which depicts how the extreme the housing market is becoming. Ultimately the escalating prices in housing is hurting students like myself because after accumulated loans, low employment rates, and income that isn’t sufficient enough to support young adults, we will not be able to afford housing.

 

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“Look, but don’t touch”

Don’t you ever wonder why people always encourage to “look, but don’t touch” when it’s clear that it shouldn’t be touched. Well, sometimes people don’t realize that touching the object can harm the individual as well as cause damage to the object. The phrase is heavily stated for tourists visiting the Great Barrier Reef in Australia. This is because the coral reef is becoming more fragile and if efforts are not put towards sustaining it the coal ecosystem may soon “be reduced to piles of rubble,” Jonathan Erez stated. The Great Barrier Reef being one of the seven wonders of the natural word, contains over 1,500 fish species, and 30 species of marine mammals. It’s a spectacular sight, but recently there has been a fourty percent decline in deposition of calcium carbonate in the coral due to higher acidic levels in sea water, resulting in weaker reefs that are able to withstand the vigorous ocean activities. In efforts to sustain the reef, I agree that the federal and Queensland government’s Reef 2050 Long-Term Sustainability plan isn’t very effective, as it has unspecified actions. I believe that with the coral reef deteriorating, this may lead to not only a huge loss of biodiversity, but a loss in Australia’s economy in which it generate $5.6 billion alone from the great barrier reef in the tourism industry. Lastly, it depicts how crucial climate change is affecting many important ecosystems on the planet.

 

great barrier reef

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