This is a blog to leave a comment for a fantastic small business blog which was posted by Janet Spirer,even it has been half year passed from the update,the truth and principle included in are very useful to every enterprise.

He shared a story and told us that even we  feel uncomfortable to say “no”but saying “no” is the most direct way to avoiding creating trouble for many times.Especially in business discussion and decision making.

The word “value” here is not only means the physical profit and revenue,but also means some psychological value orientation and possible potential development of a company.As for treating customers, ometimes not giving into a their demands or accepting their point of view can reflect that you’re interested in what’s best for them.

Saying “no” is difficult for salespeople  when they feel embarrassed to refuse some customers’ unreasonable requirements.In the writer’s view,it can form the basis of better business relationships – leading to better solutions for you and for the customer if the salespeople learn to say “no”

In my opinion,learning to refuse also brings benefits and also physical profit.It make the business activity more  flexible for enterprise

reference

http://salestrainingconnection.com/2015/04/13/sales-reps-how-to-bring-value-by-saying-no/

https://blogs.ubc.ca/christyfung/2015/11/17/marketing-wal-marts-black-friday-strategy/

This a comment blog leave for my classmate Christy,whose blog link has been posted above.

As the popularizing rate of social media becoming higher and higher,online shopping becomes more and more satisfying the demand of customers. Retrospect these recent years’ Black Friday , only scene making a breakthrough is the crowded throng. To change the traditional Black FridayShopping pattern, promoting the profit and attract customers, WAL-MART actually provides a smooth and easy shopping experience for customers as Christy said.

In my opinion, unique and special marketing model are likely to bring an obvious advantage in the competitive market. In fact, some other enterprises are imitating WAL-MART to redeem their customers to earn profit. Maybe in further days we are possible to go shopping online and avoid the customers fighting over Black Friday.

I really go along with the point which posted by Christy,Wal-Mart online strategy is likely to improve customer relationship as it maximizes shoppers’ happiness with an upgrade to a better purchasing experience. The close relationship between customers and companies  is conducive to companies to get useful and real critical feedback to improve their service which benefits both clients and sellers.For the further forecast,it’s maybe a perfect channel to develop potential customers.

Recently,Vancouver’s market for single-family detached houses is getting so pricey that even Toronto seems like a bargain.

The gap between the two biggest real estate markets in Canada is becoming deeper and deeper,the price of a detached home in Vancouver averaged $2.2-million, compared with $1.05-million in Toronto.examples are not only existing above but also different areas in the two cities.

In my opinion, the high purchasing ability of Chinese citizens in Vancouver is one of the most important reasons.Some observers say buyers from China have been the major force behind escalating prices for detached properties on Vancouver’s west sides.

On the other hand,the climate and natural environment causes are influencing a lot,like most of citizens perfer the warm and sunny climate in Vancouver than the weather in Toronto which we called livable.

In September, prices for detached houses sold in the 416 area code averaged $1.05-million, up 10.7 per cent over the past year. The figures are lower when factoring both the city and suburbs, with the Greater Toronto Area’s detached houses selling for an average of $819,853 in September, up 11.2 per cent .

Hope in further days,the housing price and demand will be more in equilibrium condition in different cities in Canada.

Obviously,the gap between this two cities,

Recent days I read a large amount of news about the high purchasing ability of Chinese people.They travel all over the world,purchasing luxuries and even become a kind of new industry.

As the news in The Global And Mail showed,despite economic turmoil,Chinese still top buyers of luxury goods.After the financial crisis in 2008,the economy in China developed in a high speed and more and more opportunities come out for citizens to earn money.The strong purchasing ability is one of the symbols of the development of the economy,but all the facts are hiding below the surface which means the existing question in China called unfair allocation brings many negative effects.

Luxuries are not the necessities but many wealthy Chinese people regard them as necessities to satisfy their vanity.Secondly,many universities students even start to earn money by joining a kind of marketing model called micro business.They usually offer the service about helping buyers who are in China to buy luxuries overseas.

In my opinion,it’s not a good phenomenon for not only Chinese people but also for the business all over the world.We are likely to publish some method to solve this problem

Thanksgiving day is coming tomorrow!Hope everyone can enjoy their holiday with family!

My first year in UBC has passed  a month away,with enriched curriculum and abundant activities.COMM101 made a profound impression to me and it has a really special atmosphere makes me feel full of energy.Participation is the most important method to follow the speed of the lecture.Some of my classmates are excellent and good  at doing participation.They know many knowledge about commerce and business which I admire so much.Hope one day I will be more confident like them.

I want talk about something about the lecture.We have acquired a lot of knowledge about the foundation of commerce and skills to analyze different business condition.But the most interesting class which is unforgetable is Strategy.In the economy world,Strategy is the step which effects every link including manufacture,marketing and so on.Perfect strategy are likely to make company get advantage in competition.Strategy is also flexible and can be change according to different commerce environment and get a optional solution.It’s the same as our own life.Using the skill learned at class into life and study.we can plan our life in a great condition.

There is something I want to post even it has no business with the theme.My grandpa passed away yesterday,which made into a big sorrow.Actually,I knew he was in a bad condition before I came to Vancouver and Prepared that will happen one day.But I did not except it came so fast.I love my grandpa so much,he was an excellent and soldier and contributed a lot to our nation.I cried a whole day but I knew the time will never goes back.

Come back to the theme.Royal Bank of Canada led a rise in the value of Canadian equity issues for the first nine months of 2015, overcoming a slowdown in the third quarter due to increased choppiness in equity markets.In the financial markets, risk exists objectively,loan,stocks and these finance products are always in a unstable condition.Large commercial banks like RBC are possible to play a important role in finance development and sometimes lead the finance market goes into a better place.

The news gave an example that The biggest deal of the year so far was a $2.2-billion equity raise by Canadian energy company Emera Inc in the third quarter to help finance its planned acquisition of U.S. electric and gas utility holding company Teco Energy Inc for $6.44-billion. Including the assumption of debt, the M&A deal is valued at $10.4-billion. Advisers for the equity financing included Scotiabank, RBC and JPMorgan Securities Canada.We can easily work out that large commercial banks always have a high degree of participation in financial activities.

Banking and finance are inseparable,no matter in the daily life or other issues.The commercial banks is closely related to the perfection of commercial regulation system and have strong effects to Finance.

http://www.theglobeandmail.com/report-on-business/rbc-leads-rise-in-canadian-equity-issues-thus-far-in-2015/article26631520/

What is the first thought when you guys read the title?We all clearly know that the ethic of food business is always has a strong link up with the food safety,which is spotlight all around the world.

In China ,a series of food safety affairs happened recent years,making citizens worried about their self-health a lot .Even the goverment published clear legal regulation and severe punish measures,these swarthy merchants still product faulty foods to the public to earn the illegal profit.For example,The Taiwan “gutter oil” scandal reportedly involves more than 971 local food manufacturers and 136 types of products. Worse, Chang Guann Co,a well-known cooking oil supplier in Taiwan, purchased the recycled oil to produce 782 tons of lard, 645 tons of which were sold to food companies and restaurants, including some well-known ones.In 2014,ShangHai Husi company was exposed that supplyed stale meat to their distributories like Starbucks and Mcdonld’s.

Food safety supervision has been a major concern across the world for
almost a century. The situation on the Chinese mainland today is
similar to that in Europe in the 1930s and 1940s, the United States and
Japan in the 1950s and 1960s, and Taiwan in the 1980s.

These series facts made us to think deeply about the ethic in business,how to deal with these illegal business activities.Some  free-market liberals concluded that substandard and fake goods are usually the by-products of an immature market and weak legislation is primarily to blame for the immature market; undue government intervention in the market stalls the legislation process, and the “invisible hand” of the market compels all participants to be honest and self-disciplined in competition.
Taking all these factors into consideration,we can not only rely on the economy itself but also make good use of the power of government.But the most important point is that every company and entrepreneur should keep thier own ethic and conscience deep in mind

http://www.theglobeandmail.com/news/british-columbia/telus-to-spend-1-billion-in-fibre-optic-internet-expansion-in-vancouver/article26640003/

The new message from TELUS.The company is prepared to spend 1 billion in fibre-optic expansion in Vancouver.As we all know,TELUS is the most popular and extensive network production we used in BC province.This announcement attracted most of the citizens,with the coming back of their CEO.I read the article in The Global and Mail which had a meeting with Mr. Entwistle ,the CEO of Telus,said “Something I look back on with some semblance of curiosity is all the great investments that have paid off for Telus didn’t start out as popular ideas. Quite the antithesis of that and maybe there’s significant tuition value to be garnered from it.”These words sounds like he is very confident of the forecast of TELUS.
In the business model canvas which includes the customers relationship,means what the company can solve the problem and how to get on solution to customers.TELUS understands what exactly the customers need and they dicided to long-term bet lasting 5 years to  upgrade the company’s existing copper-based infrastructure in Vancouver.Even they may cost a lot and with low revenue and profit back,they may earn more intangible benefits like high social status and strong customer base.

The news also said Telus has been installing fibre in smaller communities across British Columbia, Alberta and Quebec – where it operates its legacy wireline business – since 2013. It is now taking the experience it gained through 60 such projects (with 28 now fully built) and will apply that to larger ones in cities like Edmonton and Vancouver. The Vancouver project is part of a plan to invest an additional $4-billion in B.C. through 2018.

The company said on Friday the first Vancouver neighbourhoods to be connected next year will be able to access download speeds of 150 megabits per second. In the coming years, it will offer increasingly higher speeds over its “gigabit-enabled network” as demand increases

In my opinion ,these business activities are likely to promote the TELUS’s development and improve their core competence,making them has an obvious advantage in the market compeition.Hope all the citizens can enjoy the high-speed network as soon as possible

Actually.I’m so excited to join in the COMM101 section106 with these awesome professors and classmates.The most fansinating part is the unique model like the camera which is staring at us everytime.LOL

The first class gave me much the first experience like using the Iclicker first time and discussing with classmates from all over the world first time and so on. We did lots of in-class activites  promoting me to follow the rhythm even that I have a serious shortage of speaking.

I cannot forget  the most impressive part in the first lecture that groups standing in front of us to show their unexceptionable opinions.Just a simple bottle of water which can be expanded into the whole marketing and businness circle.

After the latest lecture yesterday ,we guys were divided intuo different groups with settled teammates to do our own businness together about the SWOT.To be honest,I am not familiar with this definition at all,confusing me in the individial worksheet.But I believe I will get over it.We discussed about a company called TATA in India.Fortunately,a lady in our team knows something about it.According to some instance analysis that esposed the scarcities existing in our economic world like the unfair-allocation or limitd resources or something like that .It’s also Showed why the world need us who are majoring the businness.

See you guys in next post and I’m so excited to the class 3