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Study Resources (Business Management)

Entrepreneurship 1.What personality traits are often associated with entrepreneurs? 2.What one question is it important to consider when thinking about starting your own business? Give at least one example from the video of how a business highlighted in this video thought about the answer to this question. 3.Describe the differences in the way.
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ETHICS AND RESPONSIBILITY: Outsourcing Discussion Questions 1.As a business owner, what are the costs and benefits of moving half your production overseas? 2.Do the benefits of outsourcing outweigh the costs? Why orwhy not? 3.Are there any possible alternatives to consider? What otherdecision could you make so that each side (domestic and international) benefits? .
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The Ethics of BP’s Oil Spill Research the answers to the following questions on the Internet and provide a report of your findings.Provide your sources of information. 1.How did BP respond to this accident?Do you think BP is responding in an ethical manner?Why or why not?Do you think BP should be expected.
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1.How can a person determine his or her personal ethical code? What is your personal ethical code? What forces have helped build your personal code of ethics? (Bloom’s: comprehension, application) 3.Where are the boundaries between personal ethics and business ethics? Are there rules to indicate where one begins and the other.
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2.Volunteerism. You don’t have to wait until you graduate to start demonstrating your social responsibility. Volunteering in your community or at your school is a great way to gain experience, make contacts, and do something good. It also looks great on your résumé. Go to www.volunteer. ca andfind an organization.
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3.How has technology affected small businesses?If you opened your own business, give examples of two ways in which you would use technology in your company that you feel are critical to small business success in today’s world.Explain. (Bloom’s: comprehension, application) 4.Discuss the different risks facing someone who is creating a new.
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3.Do you think foreign countries were justified in banning imported food from Japan was justified? Why or why not? How does such a ban affect global supply and demand for these food products? How does such a ban affect the productivity, employment rates, and gross domestic product (GDP) in Japan?.
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Gawker Media: Business in a Global Economy Synopsis: Gawker Media is an online publisher preparing to enter foreign markets.This video case explores the issues involved in the decision to enter foreign markets. Gaby Darbyshire, CEOof Gawker Media, discusses the decision to enter foreign markets with local licensing agreements, as opposed to.
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azTeen Magazine 1.Describe the many roles of the azTeen management staff as discussed by Deb Rochford, Michelle Burgess, and Veronica Sherbina in the video. 2.What overall characteristics are important to azTeen Magazine when hiring teenaged interns? 3.What standards are used at azTeen Magazine in order to measure organizational performance? 4.What leadership characteristics are valued.
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Effective Management(What Makes PepsiCo’s CEO Such an Effective Manager?) 1.What are some of the skills needed by a CEO such as Nooyi to implement decisions such as new acquisitions, restructuring moves, and marketing strategies?(Bloom’s: comprehension) 2.Why do you think Nooyi wants PepsiCo to offer healthier products?(Bloom’s: application) 3.What do you think Nooyi means.
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Boston Boxing and Fitness 1.How would you characterize the mission and goals of Boston Boxing and Fitness? 2.Does Boston Boxing and Fitness qualify as an entrepreneurial venture? Explain why or why not. 3.What is the essence of Boston Boxing and Fitness, in the eyes of owner Ed LaVache? What does he think he.
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1.Why do you think GE set forth four specific commitments, one of which was to keep the public informed, as part of its Ecomagination initiative? How might this represent a contrast with other “green” corporate initiatives? How does this level of perceived accountability and transparency affect your opinion of the.
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How Does China’s Internet Censorship Affect Global Business? 1.How do you feel about censorship? Is it a violation of human rights or does it protect citizens, government, or society?Do you think the Chinese government will be pressured into providing open Internet access for its citizens?Why or why not? (Bloom’s: synthesis,.
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1.Discuss the benefits of forming an entrepreneurial team when beginning a small business.Are there drawbacks to a team approach? 1.Why Did it Fail?Go online and research a business that has been unsuccessful.Analyze the business’s failure.What caused the business to fail?Would the business have been more successful had it adopted a different.
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ON TARGET: World Record for Kinect 1.Using the PEST model for analysis (see Chapter 1), how might changes in the external business environment affect the sales of Kinect?  Give an example. (Bloom’s: analysis, synthesis) 2.What type of research would Microsoft have done before introducing Kinect regarding competitors and consumers?  How might the.
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:Can Living Ethically Make You Happy? 1.Do you think there is a connection between living ethically and being happy?Why or why not? (Bloom’s:  evaluation) 2.According to research, about 50 percent of a person’s happiness is based on his or her genes.What do you think accounts for the other 50 percent? (Bloom’s: analysis) 3.Dr..
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Global Trade (Japan’s Disaster Affects Imports, Exports, and Productivity Around the Globe) 1.How do these events increase business opportunities for the Japanese? How do these events increase business opportunities for foreigners? (Bloom’s: synthesis) 2.How do these events decrease business opportunities for Japan with other countries?How do these events decrease business operations for.
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Competition, What Competition? 1.Why do you think demand was so high for the iPad or iPad 2 to begin with?  What did Apple do to increase demand for their product?  When will demand drop?  What factors might affect demand? (Bloom’s: analysis, synthesis) 2.What degree of competition is Apple operating in (monopoly, oligopoly,.
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Amy’s Ice Creams: Churning Success One Scoop at a Time 1.How does Amy’s Ice Creams differ from a publicly held corporation? 2.What are some of the particular advantages of corporate ownership for a firm like Amy’s Ice Creams? 3.How well do you think Amy’s is working to ensure its continued survival and success?.
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Joie de Vivre Hospitality: Small Business and Entrepreneurship 1.Describe the beginnings of Joie de Vivre Hospitality. 2.What traits make Chip Conley a good entrepreneur? 3.Consider the hotel business in terms of Maslow’s Hierarchy of Needs. Why did chain hotels become popular? Under what circumstances would someone choose a boutique hotel instead? 4.Why does Joie.
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Nom Nom Discussion Questions 1.Do the special advantages of having a restaurant on a truck outweigh the disadvantages for the owners of Nom Nom? Explain. 2.What was the strategy of Stankunas and the other owners of Nom Nom when they began the venture? How has this strategy changed or evolved? 3.Suppose the Nom Nom.
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3.What are the advantages of increased competition in the global market? What are the disadvantages? Is foreign competition always good for the consumer? Is foreign competition always bad for the local business? (Bloom’s: comprehension, application) 4.Review the three basic strategies of international business. Discuss the type of companies that would most.
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:HomestarRunner.com 1.How did HomestarRunner.com get started in the Internet cartoon business? 2.Describe how HomestarRunner.com uses technology in their business. How do they incorporate technological updates into their work? 3.How do the Chapman brothers measure job performance? .
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1.Getting Acquainted with Canadian Banks.  What bank branch is nearest your home or school? Go to the website of your local bank and determine what the current interest rates are for various types of investments.  What are the latest policies? What other kinds of information does the website give you? 2.Competitive.
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: Building a Stronger, Cleaner, Fairer World 1.What are the benefits of OECD membership?  How does co-operation between countries lead to higher living standards? (Bloom’s: knowledge, comprehension, application, analysis) 2.Why might a country not meet the standard admission criteria for accession to OECD?  Do you think that eventually, all countries be eligible.
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1.Bill Gates, Donald Trump, and Oprah Winfrey are some well-known successful entrepreneurs. What common traits do these individuals possess that have led to their success? (Bloom’s: analysis) 2.Compare the different sources of funding available to small business owners.Which sources of funding seem best when a business is just starting?Which sources of.
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Which Is Better—A Strong Dollar or a Weak Dollar? 1.As a person living in Canada, would you prefer a strong Canadian dollar or a weak dollar?Why? (Bloom’s: application, synthesis) 2.If you were an importer in China, would you prefer a strong Canadian dollar or a week one?Why? (Bloom’s: application, synthesis) 3.Use the Internet.
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GE’s Company-to-Country Strategy 1.Why does GE feel that investing in emerging markets is a good idea? Do you agree with this approach? What problems could GE face by entering emerging markets? (Bloom’s: comprehension, application, synthesis) 2.What is unique about the company-to-country philosophy? How is it different from just selling GE products to.
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1.What might happen if the government did not attempt to control inflation?  Inflation can be both a good thing and a bad thing.  Explain.  (Bloom’s: synthesis, evaluation) 2.The text discusses unemployment rate as a measure of economic performance. Another way to gauge economic performance is to count the number of people.
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CRITICAL THINKING QUESTIONS 1.The text explains that sometimes an international business needs to modify its product to adjust to the specific needs or tastes of the local market. How would a company such as Hewlett-Packard adjust its laptop computers in order to market them to families in developing nations such as.
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Starting a New Business (The WhyHire.me Innovation) . 2.Do you think WhyHire.me could become as popular as LinkedIn or Facebook?Why or why not?What can these partners do to grow their business? (Bloom’s: synthesis, evaluation) 3.What types of issues or problems do you think these entrepreneurs have had to deal with or will.
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The Fish That Pulled Him Under 1.What entrepreneurial traits does Hengeveld have?What made him want to start his own business? (Bloom’s: analysis) 2.Analyze the situation.What do you think went wrong?Did Hengeveld make mistakes?If so, what were they? (Bloom’s: analysis) 3.What might Hengeveld have done differently in order to continue his business success?Search for.
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:Patagonia: Ethics and Social Responsibility 1.Describe the overall mission of Patagonia. Give an example of how they are working to fulfill this mission. 2.List the four core values of Patagonia. How are these values instilled in the company’s employees? 3.Describe the purpose of the 1% for the Planet Program. What types of organizations.
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Playing the Ethics Game 1.Do you think using games to teach ethics is a good idea?Wouldn’t employees just think that learning ethics is not a serious need? (Bloom’s: evaluation) 2.What are the disadvantages of playing on teams?What are the advantages of playing on teams? (Bloom’s: comprehension, application) 3.Do you think this would be.
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Transparency and Anti-Corruption 1.Which countries do you think are the most corrupt?Why?What is meant by transparency and why is transparency important?Visit http://transparency.org/policy_research/surveys_indices/cpi to review the most recent Corruption Perceptions Index (CPI) that will reveal the most, and least, corrupt countries in the world.  (Bloom’s: application, analysis) 2.Do you think it matters if.
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Starting a New Business (The WhyHire.me Innovation) 1.Visit the WhyHire.me website and compare this social media tool to others.Perform a PEST analysis for WhyHire.me (see Chapter 1).Do you think this was a good business idea?What are the risks? (Bloom’s: application, analysis, synthesis) .
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The Devil’s Advocate Discussion Questions 1.In the recent wave of globalization, developing countries have become the focus for many international businesses. Is this process of globalization the best way to strengthen developing countries and establish a level playing field or does it keep them under the control of wealthy industries and drive.
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:Responsible Business(IKEA’s Never-Ending List) Discussion Questions 1.Do you think more companies will be prompted to follow IKEA’s example and become more socially responsible? Why or why not? (Bloom’s: analysis, synthesis) 2.Is IKEA simply following the law with its initiatives or is it going beyond the law? What benefits does the company gain by.
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