Monthly Archives: October 2014

The conflict about the first nation

li-residential-schools-620News’link:http://online.wsj.com/news/articles/SB10001424127887324784404578142931427720970

The federal government control most aspect go aboriginal life, since Canada was created. The federal government controls Indian status, land, resources, wills, education, band administration and so on.   Thousands of nation children attended residential school to make them forget their culture. This thing mostly “kill the Indian in child. Hence, some  aboriginal people complain about the control of the federal government’s control. Some aboriginal communities try to get rid of the control of federal government. They  try to build their own government and manage their own affairs. In my opinion, it may be a good idea, because aboriginal government know their people more than the federal government. It can offer service what aboriginal people really want. However, they do not want to lose the protection of government, because the government can offer medical insurance, food ,tax exemption in revenue and so on to them.  Hence, the conflict come out. Aboriginal people are ambivalent about Indian act. They want to make sure their culture will not be eliminated, but they also do not want give up the federal government protection. Thus, how they should make the choice? From my perspective, they have to compare benefits with lose and figure out what is more important to them.

 

Different business plans for different countries

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News’link:http://online.wsj.com/news/articles/SB10001424127887324784404578142931427720970

Starbucks has many stores in china, so it really care about what Chinese really want to drink. The main product of Starbucks is coffee, but because Starbucks want to attract more customers, they plays to local Chinese tastes. They will sell some no coffee drinks to people who think coffee is too bitter like Chinese medicine. Starbucks also realize that family expectations will have a big impact on its success. It launched a family forum, inviting parents to hear testimonies from managers who have worked their way up the career ladder.  This strategy attracts more customers for Starbucks.

From my perspective, it is why Starbucks can be very successful. Its business plan very flexible. It can change their menu or add drink or food which local people like into their menu. All decisions of this company is for attracting more customers. This kind of business strategy is very practical. Depending on the reality, companies change their business plans to get more profits.  And caring about what  customers really need, companies can offer special service to stimulate consumption. For successful business, the needs of customers are the most important factors to develop a business plan.

The success of the Jack Ma Way

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News’ link: http://www.nytimes.com/2014/09/07/business/international/at-alibaba-the-founder-is-squarely-in-charge.html

Jack Ma is  Alibaba’s founder who is very successful. He created Alibaba’s, although he was born in an ordinary family. And when he planed to do business, he does not have enough funds. However, nowadays,  Alibaba has been the dominant force in Chinese e-commerce and a symbol of the country’s breathtaking economics rise. Jack Ma is a good sample which can encourage young people who want to build their own companies. 

Jack Ma has ability to attract the investor to  buy stakes of Alibaba . The American Internet giant Yahoo has agreed to invest one billion in cash to but a 40 percent stake in Alibaba and created deeper business ties. In my opinion,  the partnership can bring  a lot of benefits to Alibaba. For example, Alibaba has more funds to improve their services and develop itself. However, there is a potential risk which Mr Ma realized soon. He worried that he sold the stake too cheaply and give up to much control. Eventually, he secured a plan for Yahoo to reduce its stake in Alibaba. From my perspectives, it is a reasonable choice, because  selling stakes has risks. It is true that  getting more investors can help the development of companies., but founders have to keep the balance. Otherwise, they may lost the control of their companies.

A McDonald's restaurant

NEWS’ link :http://www.theguardian.com/business/2014/sep/16/mcdonalds-mcbrunch-trademark-breakfast-food

Recently, the breakfast market is attractive. The breakfast segment is one of the company’s fastest-growing and most profitable day segments. Peter Benson, McDonald’s CFO, said in a company earnings call this spring. “From a profitability perspective, breakfast is the strongest. And so we’ll continue to focus on our breakfast opportunities.” However, many other companies also pay attention on the breakfast segment. Starbucks expanded its food menu this past spring to include more morning sandwiches. Burger Kings adds burgers into their breakfast menu.

From my perspectives, focusing on the breakfast market is a right decision, because nowaday fast food companies can get more profits from the breakfast market. More and more people need to eat fast food at breakfast due to the busy work or study. However, if McDonald’s want to get success in the breakfast market, it has to  offer some special breakfast food, because many other fast food companies also pay attention to the breakfast market. In conlusion ,Mcdonald’s facse a lot of chances and risks on the breakfast business.