In Esteban Flores blog titled “Industrial robotics paving the way to the future” we can observe a perfect explanation of what is happening in the world nowadays. Improvements in Science and Technology has continuously made business operations and personal life easier and more productive.

Indeed apart from having the advantage of producing in different locations or reducing costs there are a lot of advantages which were not highlighted like the ability to create greater economies of scale, increase efficiency in productivity and certainly not having to deal with a labor force demanding higher salaries, problem solving and motivation techniques. Lets be realistic which firm doesn’t want all these advantages to reach them, every single one of them. But at the same time its nearly impossible for technology to completely take over human labor.

First of all because I agree if this were to happen the amount of unemployment in the world would become ridiculous, by this means if there is no work there’s no money flowing in the economy and at the end there will not be potential customers for the job machinery will be doing, there will be no point. Aswell all the problems that come along with unemployment such as violence that can arise are a drawback to this practice’s. But this does not only bring macro economic disadvantages, in addition to what is presented on the blog we know that machinery is really expensive and the flexibility of the business in terms of changes in demand will be really inflexible.

By this means a true balance of Labor and Capital would benefit the business and the economic environment.

Bibliography:

Industrial robotics paving the way for ‘factory of the future’

Flores, Esteban. “Esteban Flores’ Blog.” Esteban Flores Blog. N.p., 11 Nov. 2014. Web. 12 Nov. 2014.

I found your blog post pretty interesting indeed the first thing that caught my attention in your blog post is how you state that Taylor Swift actually is the one who post on all the mentioned social networks including Twitter, Instagram, Facebook and Tumblr. Actually I think this is only partially true because as you may know this kind of artists tend to have a lot of assistants helping and assessing anything going into the media. Lets remember that a whole lot of scandals can and have appeared so they got to be careful.

As it goes for the sales of the actual actor or singer it is really to target all these young audiences and bombard them with all these massive marketing but there is a downside to this practise. Facebook isn’t really an above the line marketing technique because as it was recently published Google and them paired up and each advert you see is actually based personally on every search you’ve made. So basically yes there is very good marketing done by all this artists and search engines but up to what point does this interfere with natural consumer activity? No wonder why there is over consumerism in most of the countries in the world. Is this turn out to be socially responsible? Should businesses really use these techniques to increase our worlds consumption which is already growing in an exponential way.

But definitively it is a very good business strategy to decrease the costs and at exactly the same time increase the attractiveness and reaching of the popularity of any given artist.

Bibliography:

Taylor Swift Using Business Strategies

Ma, Alicia. “Alicia’s Blog.” Alicias Blog. N.p., 04 Nov. 2014. Web. 11 Nov. 2014.

Global warming, Carbon footprint and the UN millennium goals are just a few of the many trending topics in this century, it seems that anything that has some relationship to the society and the environment gains popularity in the speed of an eye blink. Not saying that this is bad, certainly all the opposite as now more and more people are being educated and particular areas such as educational institutions and businesses are getting more and more involved but the question is up to what extent is this focused on being socially responsible?

Indeed many Multinationals corporations like Coca-Cola company, Kraft, Boeing and many others have the advantage to have financial and strategic possibilities on investing so that their operations are more socially and ecologically friendly. I used the word investing because it turns out not to be an expense in the sense that not only the government and its policies but also customers are interested and many times they base their decisions on this. With that being said it is obvious that small companies will want to do their bit as well even if it is recycling paper because this will maybe not attract the attention as big companies do but at least they can be at the social expected level.

However this taking measures such as holding conferences instead of actually traveling for a meeting can be risky in several ways. With my family business which is located in several countries in Central America I have had this experience and it is definitively not the same holding a conference and going to the actual location, there are so many differences and details that can be hidden or changed. So small firms or any firm actually has to be really careful when cutting cost or activities just to boost its social responsibility.

Bibliography:

http://www.theguardian.com/small-business-network/powwownow-partner-zone/2014/oct/24/corporate-social-responsibility-whats-your-call

Powowownow. “Corporate Social Responsability – Whats Your Call?” The Guardian. N.p., n.d. Web.

The world is based on exchange just as the economic theory suggest  we have various needs and wants. A very well known place for this exchange is financial markets, more specifically the stock exchange. Indeed last year at a total of 16.613 trillion u.s. dollars (Largest in the world), and although this instead of being dynamic and diverse in terms of people interacting just as Aaron Elstein suggests in his blog its completely opposite to this idea.

It is really interesting to have read this blog and reflect on one of our Comm 101 Lectures where three members of the Portfolio Management Foundation came to expose what they were doing in this selective Bcom program. To my personal point of view they successfully explained everything ranging from the very basics of difference between stocks to how they assessed a public company. But the most interesting part that they all three were women, women who knew what they were talking about, knew all the risks and opportunities of markets, indeed knew it all.

According to the blog this is an anomaly because the world largest financial market and by this means lets assume most of financial markets in the world are commanded by males. With this being said I became shocked that even in these types of modern financial institutions, where people with high levels of education maybe graduating from Ivy League Schools were still practising gender inequality. Come on why should we not trust our finance to women? Is it because of birth and child related issues? or is it that they don’t really have the leadership skills including areas such as sensitivity to certain issues?

I became really interested on this issue and found the following video on Youtube….https://www.youtube.com/watch?v=NG4JR38pKX4

Bibliography:

Eilstein, Aaron. “Fewer Women Work on Wall Street.” Latest from Crains New York Business. N.p., n.d. Web. 10 Nov. 2014

http://www.crainsnewyork.com/article/20141110/BLOGS02/141119990/fewer-women-work-on-wall-street