How can the price of a drug jump 2,000%?

Posted by & filed under Change, Ethics, Social Responsibility, Strategy, Video Report.

Description: The price of a critical Tuberculosis drug shot up by 2,000% overnight—it seems this jump was for no apparent reason. This has alarmed the medical circle. Source: CBC Date: September 21, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2675886765/?page=2 Questions for Discussion: Why did the Tuberculosis drug price shoot up by 2,000%? What role should the government play… Read more »

Hu’s In Town

Posted by & filed under Global Management.

Chinese President Hu Jintao visited the Chicago area for four days. His stops included a very formal dinner with Chicago Mayor Richard Daley, Walter Payton Prep School, and suburban Woodridge (a town even native son Barack Obama has not visited). Big deals were made – the Chinese agreeing to purchase Midwestern soybeans for $1.8 billion…. Read more »

Dueling the Red Dragon

Posted by & filed under Global Management.

Google is the latest in a growing list of companies reconsidering their business strategy in China. Following a cyber attack on more than two dozen other companies, Google announced it would no longer filter internet searches and might pull out of China entirely. Most economists and business advisers believe it is impractical to ignore China…. Read more »