Author Archives: lauleona

https://blogs.ubc.ca/qinyuanzhu/2013/11/16/business-is-going-well-eh/ Who doesn’t like a little extra cash? However, the question that would follow up on that would be, who would be generous enough to give that extra little cash? Evidently, the managers at Griffin Communications are, as they gave a $500 bonus to their employees as a token of gratitude for their hardwork in creating a one of the top television stations in Oklahoma, United States of America. This action confirms with corporate culture in how managers and the […]

http://www.vancouversun.com/business/General+Motors+recalls+Malibus+defrosters+wiring/9171233/story.html One would assume that large, well-established business will have a handle on their operations and quality-control procedures; as it was because of their seemingly good products that the company have surged to business-stardom. However, once in a while, companies let slip a few errors in judgement that will affect their future profitability because any mistakes reflects poorly upon the corporation. Such a company that could not escape from not having a clean-record is General Motors; one of the major […]

http://www.bnn.ca/News/2013/11/14/IKEA-eyes-low-carbon-future-with-Alberta-wind-energy-project.aspx With the growing hype from the public in wanting more environmentally-friendly products and business, the furniture-giant Ikea has responded by developing plans to harness the power of renewable energy resources. To continue their stance on renewable energy, Ikea plans to add wind power along with their already-existing solar powered panels to operate a certain percentage of their business. Not only will this lower costs in the long-run for Ikea, this will also reduce the size of the carbon-footprint left […]

http://www.bnn.ca/News/2013/11/15/Bill-Gates-wants-Norways-800B-oil-fund-to-spend-more-in-Africa-Asia.aspx People generally listen to the words from those above them. Especially when the words are from a multi-billionaire tycoon, such as Bill Gates. Not only is Gates a successful businessman and entrepreneur, he is also a philanthropist, with his own charitable foundation to boot. However, with the amount of help required to aid developing countries in advancing their infrastructure, Gates attempts to raise awareness about this issue. In this case, Gates publicly proposes that the majority of Norway’s billion-dollar […]

http://www.bnn.ca/News/2013/11/15/WestJet-going-trans-Atlantic-with-new-Dublin-flight.aspx Known for its flights within North America, the airline company WestJet has recently announced its plans to expand and cross the ocean to a new destination: Dublin. This would be a first for WestJet for flights outside of their standard North American flights since the launch of the company. With the new direction the company appears to be going in (the expansion to more international flights), one could say that WestJet is potentially changing their business strategy. To specify, […]

http://www.bnn.ca/News/2013/11/13/Apple-under-investigation-in-Italy-for-alleged-tax-fraud-Report.aspx According to the article, Apple’s financial accounts are going to be scrutinized by the Italian government when news reports surfaced about an alleged tax evasion in the said country. This is in due part to the now more-aggressive behavioural stance the Italian government and its banking system have taken when dealing with major international businesses; as many global corporations have often found ways to cut corners when it comes to paying taxes in their respective countries where they operate […]

http://www.bbc.co.uk/news/business-24425340 Generally speaking, high-positions within a company or firm has been held by males in the long-run of tradition of how males back then had higher levels of education and social prestige. However, at the turn of the century, we see a turn of tables of who is sitting in the top-dog chair. According to the article, BBC reports that females now occupy almost 20% of high-ranking positions in companies on the FTSE of the London stock exchange. This trend […]

http://www.bbc.co.uk/news/business-24330094 As most entrepreneurs know and understand, it can be hard setting up a business. From gaining the trust of investors and/or venture capitalists to becoming a global powerhouse, an important stepping stone all businesses must overcome would be how to develop their brand name and reputation. Lewre Lew was no exception with his passion for shoes and wish to enter a market amidst a great number of competitors. In the beginning, Lew first displayed his shoes designs in the […]

http://www.vancouversun.com/business/Lego+continues+into+timeless+appeal+imagination/8940425/story.html For a company whose main products are plastic bricks, Lego has survived the ever-changing market of toy manufacturing and has even risen in the ranks within this industry. How has Lego stayed relevant to consumers in the computerized world? By utilizing the company’s strengths to overcome threats and and to embark on new opportunities, Lego  maintained customer loyalty while reaching out to the new generations. Having been an existing brand for more than fifty years in the running, the […]

http://www.vancouversun.com/business/economy/China+promote+growth+further+opening+markets+private/8898679/story.html A general consensus about what is “business ethics” can be defined as to how a company manages its daily operations and its stakeholders’ interests. In many countries, the government plays a large role in these said operations through the use of regulations, laws, and policies. Recently, as according to an article by The Vancouver Sun posted on September 11, 2013, China has relaxed its markets to allow for an increase in private competition and foreign investment. This move by […]