Comment 2: Catch Up or Stay Out

Katherine Kuo’s blog post discussed about the poor marketing and management decisions made by Amazon that eventually lead to a decrease in Amazon’s customers and its shares. Due to the increase in competitors that also used Amazon’s initial concept of “order online, they will be delivered to the doorsteps of your house,” Amazon was put into a situation where they had to find a way to bring out a new product or an idea to boost their attractiveness. Although they introduced their very own Kindles and smartphones, consumers always chose the less expensive alternatives, such as Target or Walmart.

As competition increases in industries, many companies are also losing a lot of money and in worst cases, going out of business. Motorola, for example, was one of the world’s biggest mobile phone sellers. However, Motorola missed their chance in catching up to the smartphone world. While all the other companies, such as Apple and Samsung, were introducing their 3G touch screen phones that could already handle emails, social media, and mobile apps, Motorola was still promoting 2G phones which weren’t as appealing.

As technology develops exponentially these days, it’s essential for companies to keep up with the demands of the customers. It is definitely detrimental for companies to stop innovating or to be “late” in the technology world. Companies should always be on top of things and  think of ways to be original and unique to survive the competitive market.

Reference:
Anderson, Howard. “10 Reasons Why Motorola Failed.” Network World. N.p., 9 Apr. 2009. Web. 14 Oct. 2014. <http://www.networkworld.com/article/2277903/network-security/10-reasons-why-motorola-failed.html>.

Image:
http://phandroid.s3.amazonaws.com/wp-content/uploads/2012/01/motorola-vs-apple-icon.jpg

Act Responsible, Think Sustainable

The article highlights the differences in cost among different types of energy used to generate power for electricity. Sustainability definitely has been one of the biggest topics around the world, and one of the ways is to save is through renewable energy. According to The Economist, among the four sorts of zero-carbon energy (solar, wind, hydroelectric and nuclear), the nuclear power plants are the most expensive, though it is the most cost-effective technology.

We can also see people within our community putting importance on sustainability. Ranked as one of the greenest cities in the world, Vancouver values the beauty of a healthy environment. Unlike most cities, Vancouver’s public transportation runs with electric trolleybuses. Green Power Buses, which has no engine or transmission, have also been introduced in Vancouver. While not using any diesel fuel, fuel savings alone is up to $60,000 a year (Burritt).

Growing up in Malaysia, I was not exposed to the idea of sustainability until I came to Vancouver. The topic of sustainability itself is very new to me and this week’s topic helped me understand more about sustainability. After reading articles about sustainability, in the long run, sustainability is definitely a way to improve the quality of life. The idea of sustainability should also be greatly marketed in Asian countries, in hopes that they will also develop healthier environments.

Works Cited
Burritt, Dan. “GreenPowerBus Touts Zero-emission Coach – British Columbia – CBC News.” CBCnews. CBC/Radio Canada, 08 Oct. 2014. Web. 11 Oct. 2014. <http://www.cbc.ca/news/canada/british-columbia/greenpowerbus-touts-zero-emission-coach-1.2791795>.

“Sun, Wind and Drain.” The Economist. The Economist Newspaper, 26 July 2014. Web. 11 Oct. 2014. <http://www.economist.com/news/finance-and-economics/21608646-wind-and-solar-power-are-even-more-expensive-commonly-thought-sun-wind-and>.

Image
http://haltonenvironment.net/wp-content/uploads/sustainability(2).jpg

Taseko vs. Tsilhqot’in

As Taseko Mines Limited’s $1.1 billion New Prosperity mine project is being planned, the project was hit by an obstacle. The Tsilhqot’in First Nation has declared that the region around Fish Lake is within the new tribal park that’s also being planned. The tribal park consists of an area that needs to be protected for heritage, habitat, and wildlife (Vancouversun). Despite the fact that the gold and copper mining project has been rejected twice by the federal government, Taseko’s Vice President Brian Battison said that the company has been moving forward with their original plan (cbc.ca).

This situation lies in the Political section of the PEST(LE) analysis. The factors that include in the political section of the analysis that influence this topic are social legislation and environmental and consumer-protection legislation. As Taseko is being challenged by both the government and the First Nations to change their New Prosperity mine project plans so that their operation does not interfere with the area that lies within the tribal park boundary, this situation is considered to be under the political part of the PEST(LE) analysis.

Taseko will have to try its best to have their project approved by the government and the First Nations community or to reach a mutual agreement with them. Even if Taseko is granted approval, they will have to invest in a lot more money to keep the land as protected as they can. However, it seems like it’s going to be hard for Taseko to further plan as the government, the First Nations community, and funding is all obstacles blocking their project.

Reference:
News, CBC. “Taseko’s New Prosperity Mine Challenged by Tsilhqot’in Park Plan – British Columbia – CBC News.” CBCnews. CBC/Radio Canada, 11 Sept. 2014. Web. 06 Oct. 2014. <http://www.cbc.ca/news/canada/british-columbia/taseko-s-new-prosperity-mine-challenged-by-tsilhqot-in-park-plan-1.2763814>.

Pynn, Larry. “Tsilhqot’in Set to Declare Site of New Prosperity Mine a Tribal Park.” The Vancouver Sun. 11 Sept. 2014. Web. 6 Oct. 2014. <http://www.vancouversun.com/news/metro/Unilateral+park+declared+Tsilhqot+includes+Prosperity+mine/10192766/story.html>.

Image:
http://www.vancouversun.com/cms/binary/10192767.jpg

Spam prevention powered by Akismet