Description: Twitter’s CEO, Dick Costolo, once the darling of the employees, board of directors, media and even the Wall Street—in 2013, he was named Time’s 10 most influential tech CEOs, ran into major trouble with the investors. Recently, Dick Costolo resigned as Twitter’s CEO, much to the delight of the investors. Source: Fortune Date: June… Read more »
Posts Categorized: Change
More job cuts at Bombardier
Description: Bombardier will cut 1750 jobs. They cite international problems in Russia and China as major reasons for these cuts. A major burden of these job cuts will be felt at Bombardier’s Montreal office, where 1000 employees will be laid off. Source: CBC Date: May 14, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2667229488/ Questions for Discussion: 1…. Read more »
Will you pay for videos on YouTube?
Description: Reports have emerged that Google’s video-streaming site, YouTube, is in the process of launching a monthly subscription service. Buoyed by success of Netflix, YouTube may also try to get consumers to spend money for creative content on Internet. Source: CBC Date: April 12, 2015 Text Link: http://www.cbc.ca/news/business/paying-for-youtube-the-next-experiment-in-the-tv-revolution-1.3028271 Questions for Discussion: Will you pay for… Read more »
Canada’s MBA problems
Description: It seems Canadians are rejecting the MBA program. Applications from Canadian students to MBA programs have declined considerably. With over 100 schools offering MBA programs, this raises a unique challenge for business schools across North America. Source: The Globe and Mail Date: April 03, 2015 Link: http://www.theglobeandmail.com/report-on-business/video/video-mba/article23767894/ Questions for Discussion: Why are Canadian students… Read more »
Kraft and Heinz to Merge
Description: In a major development in the food industry, Kraft Foods Group and Heinz Co. are merging their operations to create a single company with $28 billion in revenue. Warren Buffet proclaimed to play a role in setting-up the merger. There seems to be a major shake-up on the cards for the packaged food business…. Read more »
Future Shop Closes Stores
Description: Future Shop, a consumer electronic retail giant, is closing its stores, resulting in 1,500 job losses. Future Shop is closing 66 stores immediately, and the remainder 65 will turn into Best Buy outlets. Source: CBC Date: March 28, 2015 Video and Text Link: http://www.cbc.ca/player/News/Business/ID/2661222339/ Questions for Discussion: What are the reasons for this closure? Why are… Read more »
Amazon to test drone deliveries
Description: Amazon has won U.S. federal approval to test drone deliveries. This could potentially transform the delivery business. Source: CBC Date: March 19, 2015 Text Link: http://www.cbc.ca/player/News/Business/ID/2659723029/ Questions for Discussion: How will drone delivery benefit Amazon? Is it possible for Amazon to deliver throughout the country using drones? Which other companies in the delivery business… Read more »
KFC Under Pressure After McDonald’s Says No to Antibiotics in Chicken
Description: KFC, world’s largest fried chicken restaurant chain, may face pressure from consumers and environmental groups after McDonald’s announced that it would switch to chickens raised without antibiotics. Source: Financial Post Date: March 12, 2015 Text Link: http://business.financialpost.com/2015/03/12/what-will-kfc-do-fried-chicken-chain-faces-pressure-after-mcdonalds-says-no-antibiotics-in-chicken/ Questions for Discussion: How does McDonald’s new strategy give them a competitive advantage? What should KFC do? Discuss… Read more »
Impact of Apple Watch on Swiss Watch Brands
Description: Apple Watch will hit the stores next month. It is expected that it will reach sales of 20 million to 30 million units annually in the first few years; in comparison, the four-century old Swiss watch industry exported 28.6 million watches in 2014. Apple Watch is likely to challenge the mighty Swiss watch brands… Read more »
Bell Media President Urges Canadian Broadcasters to Take U.S. Networks off Canadian Airwaves
Description: The president of Bell Media urges Canadian Broadcasters to get rid of U.S. networks such as CBS, NBC and FOX from Canadian Airwaves. This comes in light of Bell Media’s over-the-air-network CTV loosing $40 million last year. Source: The Globe and Mail Date: March 06, 2015 Text Link: http://www.theglobeandmail.com/report-on-business/take-us-networks-off-canadian-airwaves-bell-media-urges/article23343364/ Questions for Discussion: Discuss the… Read more »
