Mainly focuses on media entertainment market (such as films and series) and costs very little while providing high quality goods (or services), Netflix is considered as taking a Focus Strategy (low cost).

(http://core0.staticworld.net/images/article/2012/10/netflix-100010107-orig.png)

According to Porter’s Generic Strategies, “firms that succeed in a focus strategy are able to tailor a broad range of product development strengths to a relatively narrow market segment that they know very well” (QuickMBA.com, 2010). That is exactly what Netflix did and is doing.

By providing high quality video clips and charging relatively quite little fees online, Netflix thrives. Began as a little firm in America in 1997, Netflix is now a worldwide-known website and performing quite well in stock market. (more to read: Aman Jain, Netflix, Inc. International Expansion: A Test For Margins)

Netflix’s success is also a noticeable success among disruptive innovations. Being an entertainment rental disruptor, Netflix forced change within the world of entertainment rentals and pushing a need for convenience by offering technologically improved ways of accessing of all types of video.

However, it took about 20 years for Netflix to be as successful as today, and there are still a bunch of barriers stop Netflix from opening a wider international market as the new article mentioned.

Will Netflix be more successful? Are all the disruptive innovations share similar fate as Netflix? Will disruptive innovations somehow become sustaining innovations? How long will the transforming process take? There are still a lot of questions left without answers.

People never know who is looking at them on Facebook.

Our parents? Our possible employer? Our college classmates? Or just any stranger who  search “people who eat ricotta with their fingers at midnight”(Sengupta, 2013)?

People, attention! Facebook is not THAT safe and secure as we might think. Somini Sengupta’s article Staying Private on the New Facebook, published by The New York Times, mainly says that Facebook’s new search engine now allows complete strangers to browser all the users’ profiles and get any information they want if posted. And, of course, allow marketers to show suitable advertisements.

(http://socialnicole.com/wp-content/blogs.dir/1/files/2013/08/Facebook-Graph-Search.png)

Well, this might be an old “news” – it was posted in 2013. The privacy and ethical issues raised by the update of Facebook’s search tool, however, is still worth people’s deliberation.

As Trent mentioned in his blog entry Protecting Your Privacy on the New Facebook, “It is well known that Facebook generates most of its revenue from advertisements… In my opinion, Facebook has done nothing wrong.” I cannot agree more.

Milton Friedman said that maximizing the profit by taking any possible methods legally is the duty of businesses. If it makes people feel uncomfortable to expose certain information to the public, do NOT post it online first.

How hard is it for government to decide and actually build a dam in a small village? It might not be that hard for governments in other areas in Canada or in other countries, such as China and United States, but it IS very hard for B.C. government to get what they want, especially when there is First Nation issue involved.

(http://www.vancouversun.com/life/First+Nation+chiefs+stage+Site+showdown/10215965/story.html?__federated=1#__federated=1)

Peter O’Nell published an article on Vancouver Sun reporting a recent disagreement about building a dam between the first nation group and B.C. government (First Nation chiefs to stage Site C showdown: Group argues flooding valley would impair their rights to fish, hunt and use the area for ceremonial purposes).

First nation is a special group of people in Canada. It seems that they have special laws or rules to protect their own good and benefits. So for businesses which plan to take natural or labor resources from first nation’s places, such as Blueberry Rive area, as industry input, they need to think about whether it is even possible to reach such resources before coming up with a whole detailed business plan.

After all it is still a serious problem for the government to build a dam in those areas.

Businesses have to recruit well.

During all the previous COMM101 classes, we were taught to use complex (or not complex at all) theories to analysis business, find the most proper market strategy, and make businesses better ones.

What else do businesses need other than perfect theoretical reports? People, definitely!

(http://blogging4jobs.com/wp-content/uploads/2011/06/re-recruiting.jpg)

I can’t agree more with Mark Suster’s blog entry “Why Recruiting Isn’t Over When an Employee Accepts Your Offer”. As a former entrepreneur and a present VC at GRP Partners, he wrote from inside aspects of businesses and shows people what a business, or what a businessman, is like.

Mark’s blog, Bothsides of The Table, doesn’t only teach people how to recruit well and keep new forces after recruiting, but also tell business fundamentals as what we learned during COMM101 classes. But in a more interesting way (I’m not saying that COMM101 classes are boring).

Personally, as a student who never took any business or even economics courses before, I found this blog quite practical because all the blog entries combine the blogger’s own business experience and theoretical material, that’s why its both educational but also entertain people.

Just like the recruitment article. After spending several minutes reading through the whole article with nice mood, now I now that recruitment is a continuous work but not ends immediately after someone accept the offers.

Related Article: Why Recruiting Isn’t Over When an Employee Accepts Your Offer

Recommended Blog: Bothsides of The Table