Monthly Archives: October 2015

The Summary Of COMM101

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.

 

Apple’s Sale

Neardays,I ran over some news about business events happened all around the world.

Apple said on Monday it had sold more than 13 million iPhone 6s and 6s Pluses during their first weekend on the market, setting a record for its marquee product.

The company beat its previous record of 10 million in sales for the previous generation of iPhones in its first weekend in 2014. This year’s results benefited from the inclusion of the Chinese market, where regulatory problems delayed the gadget’s debut last year.

 

Apple Inc. said on Monday it had sold more than 13 million iPhone 6s and 6s Pluses during their first weekend on the market, setting a record for its marquee product.

The company beat its previous record of 10 million in sales for the previous generation of iPhones in its first weekend in 2014. This year’s results benefited from the inclusion of the Chinese market, where regulatory problems delayed the gadget’s debut last year.

 Analysts had expected the company to sell 12 million to 13 million phones this past weekend.

“Customers’ feedback is incredible, and they are loving 3D Touch and Live Photos,” Apple Chief Executive Officer Tim Cook said in a statement. “We can’t wait to bring iPhone 6s and iPhone 6s Plus to customers in even more countries on October 9.”

Analysts had said Apple was virtually assured to set a new record for iPhone sales with the inclusion of China, which many expect will soon be the company’s largest market.

But the figures announced on Monday suggest Apple’s iPhone sales were up overall, said FBR Capital Markets senior analyst Daniel Ives. He said the sales figures should ease investors’ concerns about how Apple will fare amid economic turmoil in China.

“Demand out of China looks white-hot,” Ives said.

Moor Insight & Strategy analyst Patrick Moorhead said the sales figures also suggested Apple seized some market share from Samsung Electronics Co Ltd, its chief rival in the smartphone market.

Apple said the new iPhones would be available in more than 40 additional countries starting Oct. 9, reaching more than 130 countries by the end of the year.

The iPhone 6s and 6s Plus arrived in stores on Friday, kicking off a sales cycle that will be scrutinized for signs of how much allure remains for the smartphone.

The company relies heavily on the sale of its flagship iPhones, which generated nearly two-thirds of its revenue in the latest quarter.

Shares of Apple were down 1.5 per cent at $112.97 in early trading.

As we can see above.combining the history of Apple’s selling,we can easier to figure out that Apple is good at solving the problems which customers feedback.It’s similiar with the lecture of our COMM101 about Business Model Canvas.

Bank And Finance

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/

The Ethic In Food Business

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

New Attracition In TELUS

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