Link: https://connect.ubc.ca/webapps/portal/frameset.jsp?tab_tab_group_id=_2_1&url=%2Fwebapps%2Fblackboard%2Fexecute%2Flauncher%3Ftype%3DCourse%26id%3D_45359_1%26url%3D

Social entrepreneurs are different from the normal entrepreneurs.  The normal  entrepreneurs build companies and start business just for money. However, the aim of social entrepreneurs is to solve social problems,  improve society and make life easier. The social entrepreneurs are creative and innovative. They develop new technology to achieve the sustainable development and help public. They focus on many different social problems like the human right violations, the poverty and underprivileged children. They care about their impact on society more than money they can get. Most of social entrepreneurs are ambitious, mission driven, strategic  and resourceful.  In fact, we can find out that there are some social entrepreneurs around us. For example, Arielle Uwonkunda who acquire business skills at Sauder led the expansion of the school’s Arc which is about the exchange of business skill and knowledge  to help entrepreneurs in developing countries. In my opinion, be a social entrepreneurs is more interesting to be a normal entrepreneurs who only want to make more money. Achieving own social value is more meaningful than to be a rich person. I prefer to help more people and do more things which can benefit the whole society. What is more, be a social entrepreneur is more challenging, because a social entrepreneur need to make money to maintain the whole company or the program and need to benefit society at the same time.

The blog’s link :http://www.canadabusiness.ca/eng/blog/entry/4553/

After graduation, most students in Sauder will consider to start a business, so there are a problem. Some people choose to build a new business by own, because they think it is more interesting and they like challenges.  However, after  reading this blog , I believe buying a business is a better choice. Firstly,  we are not familiar with the whole  market. We are new and immature. The existing business already has the supplier, customers, employees and so on. Hence, we do not need to worry about this kind of things. The work load of us will decrease. What is more, if we start a new business, we need to find a way to make more people know and believe our companies. It is reasonable that new companies have no reputation and needs a lot of advertisements. In this situation, when we buy an existing company, we can pay more attention on innovation and creativity. And I think as young people, we are creative and innovative. However, there are also challenges for young people who want to buy an existing business. It is also difficult for them to keep up relationships or handle employees who are resistant to changes. Nonetheless, by and large, buying business is much easier for us than build a new business.

Another blog’s link: https://connect.ubc.ca/webapps/blackboard/content/contentWrapper.jsp?course_id=_45359_1&href=https%3A%2F%2Fconnect.ubc.ca%2Fwebapps%2Fosc-BasicLTI-BBLEARN%2Ftool.jsp%3Fcourse_id%3D_45359_1%26id%3Dubcblo&mode=view

iPhone is really popular in the modern society. Following the publish of iPhone6, every one talk about it. As the author of the blog said that iPhone 6 has a lot of disappointing drawbacks, but due to the brand marketing and customization, the popularity of iPhone6 is not affected. The brand marketing more successful than many other brand marketing in the world. Everyone knows iPhone and everyone wants to use iPhone. Someone even sells their own organs to buy iPhones. People are totally obsessed with iPhone, so some flaws cannot stop people’s purchases.In additional, selling iPhone6 and iPhone6 Plus undoubtedly cause more people to buy iPhone.

In my opinion, although iPhone company has brilliant brand market and customization to ensure their sale, the number of costumers may decrease gradually in the future. It is reasonable that if the quality of iPhones will not improve, people will lose their interests in buying iPhone. In fact, more and more people are complaining about the quality of iPhones. On the internet, people showed their bending iPhone and mock. Many people think the design of new iPhone is not as good as before. If the company do not make change to improve the quality and design of  iPhone, it may become the second Nokia.

News’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.

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.

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.