Even though United Nations has a vital purpose of internationally developing better living standard and maintaining peace, it focuses mostly on large-scale operations as it cooperates as a government based organization. However, it is too large to take every operations into account. In this case, small businesses in developing countries would depend more on social entrepreneurs and organizations such as the Arc Initiative.

For long-term benefits, Arc Initiative allows individuals to develop business skills which would be supportive for their own future business growth. Temporary funds provided by the UN is not a sustainable way in order to create shared value within the community. In comparison, the Arc Initiative’s “two-way exchange of knowledge and business skills” leads the small businesses into prosperity.  Moreover, Arc Initiative provides a platform for students to get opportunities of developing business management skills while contributing to the society.

In conclusion, social enterprise and organizations like Arc Initiative are needed in the society as they make substantial changes in improving living standards and breaking out of poverty.

After experiencing numerous food scandals, food safety has become the most important issue in Chinese quality check. In 2011, Wal-Mart was accused by Chinese authorities of selling expired duck meat; besides, labeling non-organic port as organic and selling it at a higher price forced it shut down stores in Chongqing. This year, Wal-Mart was exposed that the donkey meats sold in Wal-Mart contain fox meat. A series of food scandals make Wal-Mart’s reputation and revenue impacted greatly. China is one of the biggest world’s markets of Wal-Mart. Therefore, Wal-Mart decided to pay more attention on food quality and safety, increase its spending on food safety in China to 300 million Yuan from 100 million Yuan previously, so as to restore China’s consumers’ confidence on Wal-Mart.

Food safety is actually the most important thing for consumers. The measures Wal-Mart adopts are not only for improving its reputation and increasing its revenue, but also for showing its business ethics and corporate social responsibility. Food safety is closely related to people’s healthy and life. Corporation has responsibility to guarantee its food at sale is safe and healthy, and protect consumers’ body from harmful products. In addition, a corporation only pursues profit, but neglects consumer’s benefit will be weeded out finally.

“Wal-Mart to focus on food safety in China: Asia chief” http://yahoo.com. Nov. 8, 2014.

http://finance.yahoo.com/news/wal-mart-focus-food-safety-011350414.html. Nov. 9.2014

Since Detroit applied bankruptcy, it has been 16 months. United States federal judge finally permitted its bankruptcy plan, which makes the largest city bankruptcy case in United States history end. According to the verdict, Detroit can cut down 70 billion dollar’s debt, and commits to invest 17 billion dollars on social public service. The verdict makes Detroit begin its rough reconstruction process. According to the reconstruction plan, Detroit will use 17 billion dollars to tear down damaged and old buildings, purchase new fire fighting truck and ambulance, upgrade old computer system, etc, which will create a good environment for the city.

Detroit is the home to United States’ three automakers. Due to the population decrease, financial crisis and corporation evaluation, Detroit’s financial situation got worse and worse, and finally applied bankruptcy. The bankruptcy of Detroit is caused by its bad operation. Operation is the key to maintain an organization exist and develop sustainably. When facing population decrease and corporation evaluation and other problems, Detroit did not solve effectively, which presented a hazard for its bankruptcy. Another key reason results in its bankruptcy is Detroit did not manage its financial situation well. Fund is the lifeline of an organization. The deterioration of financial situation makes Detroit finally end its Motor City.

“Detroit bankruptcy case ends” http://eastmoney.com Nov 9, 2014, http://finance.eastmoney.com/news/1351,20141108443678942.html  Nov 9, 2014.

A recent crowdfunding campaign on Bluesmart, an innovative and multifunctional suircase has managed to raise $50,000 in two hours and one minute.

The fact that the suitcase industry has not been innovated for years has created opportunities for new entrants to be disruptive. The Bluesmart team keenly utilized the flaws of the current suitcases to develop innovative point of differences in order to be unique. By adding functions such as build-in scale, location tracking, digitally controlled lock and most importantly- portable device charger, the company has effectively solved travelers’ problems thus increased customer demand. Another powerful advantage of Bluesmart is their broad target market: from business people to teenagers, most suitcase carriers would be benefited from Bluesmart’s innovative functions.

One concern that might be revealed from the design of Bluesmart would be the weight of the suitcase itself. With all the new technological modifications, Bluesmart is most likely to be heavier than normal suitcases. Therefore, Bluesmart might stumble when it comes to luggage check-ins at airports. This is what Bluesmart should plan about for future developments: lighter material with equivalent quality which reduces the production cost and eventually leads to more total production.

Work Sited:

Plautz, Jessica. “Smart Carry-On Lets You Track Bag’s Location and Charge Other Devices.” Mashable. Mashable Inc., 20 Oct. 2014. Web. 21 Oct. 2014. <http://mashable.com/2014/10/20/bluesmart-indiegogo-funded/>.

Because of the geographic location, Typhoon Haiyan has literally striped the Philippines’ assets-largely its infrastructures, to be exact. Natural hazards cost the country 1.6 billion dollars annually. Trinh Nguyen who is a HSBC economist said that infrastructure investment has become an urgent and important critical activity of Philippines.

Though they can rebuild their house after the disaster, it is not a sustainable way to solve the problem from a long-term perspective. Typhoon Haiyan can not only be regarded as a simple natural disaster, what’s more important is it damages three aspects, including environmental, social and financial which are the basis of a country. The damage from Typhoon Haiyan on environment is obvious. But it also shows the negative impact on society and its finance, for example, citizen’s houses were destroyed which reflected that government’s investment on infrastructure is not powerful, and resulted in the financial cost. It not only reflects that Philippines must value the sustainability, but also warn Philippines to pay more attention to social responsibility. The government must invest more fund and energy on its infrastructure and assets, so as to protect the safety of its people and asset, and develop its productivity.

“Typhoon Haiyan: Not Simply a Natural Disaster” http://blog.ubc.ca Nov 14, 2013. https://blogs.ubc.ca/rachelchan/2013/11/14/typhoon-haiyan-a-natural-or-financial-disaster/ Nov. 9, 2014

Alibaba Group and Yoku&Tudou hold associated strategy news conference in Beijing. Both of them announced to develop all-round cooperation, and promote data technology in China’s marketing field. Alimama which is a branch marketing platform of Alibaba supports some new video marketing models on Yoku & Tudou though data and technology, and in the meanwhile, it will help merchants to do digital operation, decrease video running cost, and let all small companies like big brands to create their brands and serve for consumers.

The two platforms will provide digital operation support for small and middle advertisers, so as to decrease the video running cost, which is for attracting small and middle e-business customers. Actually, both Alibaba and Yoku&Tudou develop their business through cooperating with each other. It is a new strategy for them. If they could develop this strategy efficiently, they would obtain their benefit from the strategy and reach win-win situation. Besides, the data and technology developed by Alimama is the reflection of innovation. Only innovation can make corporation break the tradition, and attract new business chance. For Alibaba, this is another innovative model, which will bring it a new progress. The combination of e-business and video will break the barrier between brand advertisement and advertising effect, and will result in an unexpected change.

“What is subverted by the combination of e-business and video?” http://biz.icxo.com Nov 3,2014. http://biz.icxo.com/htmlnews/2014/11/03/1454522.htm. Nov 3. 2014