Saturday, September 3, 2011

Sunday, August 21, 2011

Karl Marx was Right

"...you can not keep on shifting income from labor to capital without not having an excess capacity and a lack of aggregate demand. We thought that markets work. They are not working. What's individually rational ... is a self-destructive process."

Supply and Demand, Baby!

Markets become saturated, farmers profits decline and pull back from markets. A (true) free market at work!

Tuesday, August 9, 2011

Int'l Financial Mgt: Italy and Spain

Cut debt? Expand economic activity to increase revenues (generate taxes)?
Which way to go? Good description of how global finances work.

Thursday, August 4, 2011

Attempt to Weaken the Yen vs. the USD

Note the reasons - the continued decline of the US has investors 'demanding' Yen, raising its's value.

Buying Swiss Francs w. Relish

With the US and EU mired in debt and economic malaise, investors turn to Switzerland.

Wednesday, August 3, 2011

Triple-A

What is all the fuss about a Triple-A credit rating for the US government?

Saturday, July 30, 2011

Tuesday, July 26, 2011

Amazon's Net Declines as Stock Rises

Future beats present - investment for tomorrow drives down profit today, and raises stock price.

Sunday, July 24, 2011

Future of Hulu

Technology, Strategy, Alliances, Consumer Preference - oh, this has it all!

Friday, July 22, 2011

EU Summit on Greek Debt

This is a story going on now for 2 - 3 years, and still we must be familiar with what's happening and its' impact.

Saturday, July 2, 2011

An Accordion Epicenter Shrinks and Thrives - NYTimes.com

My daughter purchased an accordion while in Austria recently, so this article interested me. When I finished reading it it was clear the story was as much about IB/Globalization as it was about music. Read to the end!

An Accordion Epicenter Shrinks and Thrives - NYTimes.com

Thursday, May 26, 2011

Chasing Riches From Africa to Europe and Finding Only Squalor - NYTimes.com

Fascinating. Note the cultural imperative "to save face", which created an illusion of Europe for this fellow by his uncle, is perpetuated by him - as he lives in squalor.
What role for truth?

Chasing Riches From Africa to Europe and Finding Only Squalor - NYTimes.com

Saturday, May 14, 2011

Friday, May 6, 2011

Commodity Prices Tumble - NYTimes.com

Underlying producer and consumer prices are prices of commodities (coffee, gold, oil, etc...). These prices have a big impact on the economy as well, such as Inflation:

Commodity Prices Tumble - NYTimes.com

Saturday, April 23, 2011

Retailers Try Velvet Glove in Raising Prices - NYTimes.com

Price increases, which started in commodities last year, are now presenting themselves at the nation's retailers. Responding to higher costs with rising prices may mean a consumer backlash when most Americans are concerned about their economic prospects. Savvy?

Retailers Try Velvet Glove in Raising Prices - NYTimes.com

Monday, April 18, 2011

Soaring Inflation Poses Risks Beyond China’s Borders - NYTimes.com

China's impact on the world economy is major, and its fight with inflation has global implications. This article enlightens us on many aspects of international business and
the role of economics play. A good review of principles learned many of your classes.

Soaring Inflation Poses Risks Beyond China’s Borders - NYTimes.com

Retailers Retool Sites to Ease Shopping via Mobile Phone - NYTimes.com

Sometimes business's are so '00's - falling behind cultural and technological trends. Would you purchase off your phone?

Retailers Retool Sites to Ease Shopping via Mobile Phone - NYTimes.com

Friday, April 15, 2011

Languages Grew From a Seed in Africa, a Study Says - NYTimes.com

BUS255 is thinking and writing about Creativity this week. Here is one way to continue to develop that 'out-of-the-box' mindset - read widely on intriquing concepts and expand your mind. Not only will it force your brain to grow and think in unique ways, it helps in seeing the world differently - and who knows, it may give rise to a new business idea. Can this idea of "budding" be applied to where you franchise your new business? :)

Languages Grew From a Seed in Africa, a Study Says - NYTimes.com

Business Wakes Up to Cloud Computing - NYTimes.com

Time for you to catch up on your understanding of cloud computing! If you use Dropbox, Google Docs, etc.. you are familiar with the idea of storing your data "in the clouds" (off-site, on other peoples servers, not your hard-drive). Now it is business's turn.

Business Wakes Up to Cloud Computing - NYTimes.com

Thursday, April 7, 2011

Food Prices Stir Concern About Biofuels Mandates - NYTimes.com

To understand economic and social matters, remember: "Markets, Prices and Supply and Demand". Here is an example - rising demand for food as fuel raises prices and increases hunger among those who cannot pay. (Also known as the Free Market).

Food Prices Stir Concern About Biofuels Mandates - NYTimes.com

Wednesday, April 6, 2011

Sunday, March 20, 2011

Quake in Japan Broke a Link in Global Supply Chain - NYTimes.com

When it is working, it seems invisible and seemless, but when their is a glitch (or catastrophe) it is a major crisis - the impact of the triple disaster in Japan on the Global Supply Chain, a key of Global Business:

Quake in Japan Broke a Link in Global Supply Chain - NYTimes.com

Friday, March 18, 2011

Group of 7 Takes Measures to Stabilize Japan’s Currency - NYTimes.com

Currency Market intervention in Yen while Japan deals with its' 'triple crisis' - of interest to note is that the move is to weaken (drive down) the value of the currency.

Group of 7 Takes Measures to Stabilize Japan’s Currency - NYTimes.com

Is Groupon Ruining Retailing? - NYTimes.com

This is a BLOG post (one person's opinion, not necessarily factual or researched) about Groupon and 'social couponing. Quite interesting.

Is Groupon Ruining Retailing? - NYTimes.com

Is Groupon Ruining Retailing? - NYTimes.com

This is a BLOG post (one person's opinion, not necessarily factual or researched) about Groupon and 'social couponing. Quite interesting.

Is Groupon Ruining Retailing? - NYTimes.com

Friday, February 25, 2011

Friday, February 11, 2011

In China, Tentative Steps Toward a Global Currency - NYTimes.com

China continues to rise: Developing an International, convertible currency.

In China, Tentative Steps Toward a Global Currency - NYTimes.com

Multiculturalism has failed, says French president - Yahoo! News

Wow, this is quite a reversal in trends. What do you think? Is there one American identity? Grandparents emmigrated here to be "American" now it seems people want to be isolated in their communities (read the article). Is this healthy for the USA?

Multiculturalism has failed, says French president - Yahoo! News

Saturday, February 5, 2011

Thursday, January 27, 2011

Tuesday, January 18, 2011

Friday, January 14, 2011

A Duane Reade in Brooklyn With a Beer Bar - NYTimes.com

Good example of 'micro-marketing' and 'staying close to your customer. Is it a viable means of growing a business? Can we build in efficiencies and economies of scale this way?

A Duane Reade in Brooklyn With a Beer Bar - NYTimes.com

Wednesday, January 12, 2011

Using Wikipedia

THIS IS A MUST READ FOR ALL OF US - TO THE END - GOOD ADVICE WHEN WRITING PAPERS AND RESEARCHING....

Record - Bergen Edition 01/12/2011, Page F1

Library pros are wary of Wikipedia
By JIM BECKERMAN

STAFF WRITER

Wikipedia, according to Wikipedia, is “a free, Web¬based, collaborative, multilingual encyclopedia project.” But the reference librarians we checked with would want a second source on that.

“Personally, I don’t rely on Wikipedia, because of peo¬ple’s ability to go in and edit anybody’s text and change the history,” says Karen Sharp, senior librarian and web¬master at the Wayne Public Library.

Wikipedia, which comes (according to Wikipedia) from the Hawaiian word “wiki” — “quick” — joined to the “pedia” from “encyclopedia,” was launched 10 years ago this Saturday by founders Jimmy Wales and Larry Sanger. Since that time, reportedly 365 million readers have pored over 17 million articles – all written by volunteer contributors – on subjects ranging from Aachen (“spa town in North Rhine-Westphalia, Germany”) to zymology (“scientific term for fermentation”).

Wikipedia has profoundly changed the way most of us gather information. It may have had less effect on the people whose job it is to look things up: reference librarians. Yes, they’ll use it sometimes, they told us. But with misgivings, and never as a sole source.

“We use it as a backup,” says Sharon Castanteen, director of the Johnson Free Public Library in Hackensack, who has a background in reference. “We’ll start with that, get some ideas from it, but we won’t trust it 100 percent.”

Distrust in W ikipedia, of course, varies from librarian to librarian. Some said they employed it, to some degree, in 10 to 20 percent of their searches. Others, like director Gina Webb-Metz of the Tenafly Public Library, put the number at more like 5 percent.

“If I just want some quick background information, I’ll use it and then verify [the information] on another site,” said Webb-Metz, also a research librarian.

The issue with Wikipedia isn’t comprehensiveness – it can go into more depth on more subjects than any print reference work could hope to. Nor is it even accuracy: “Encyclopedia Britannica” has been known to make mistakes, too.

The real issue, for professionals, is simply that Wikipedia isn’t vetted by experts. There is no guarantee how reliable any of its entries are. And because the bar is so low – despite certain safeguards built into the site – it is also easy prey to abuse. “ If you look up Walmart on Wikipedia, you’re going to see what the PR department of Walmart wants you to see,” says Richard Kearney, electronic resources librarian at the David and Lorraine Cheng Library, William Paterson University, Wayne.

“Entries on corporations and governments on Wikipedia are continuously monitored by representatives of those entities, and they put a spin on it,” Kearney says. “There is an extent to which Wikipedia tries to inform people of things that are controversial or disputed. They put those warnings up there, and that’s fine. But do people look at those?” Ultimately, say these professionals, it’s not that people use Wikipedia, but how people use Wikipedia, that is problematic. Most Wiki-entries, for instance, end with a long list of primary sources that can be invaluable for research. Some librarians use Wikipedia in just this way: as a springboard for more thorough investigation.

But Wikipedia, because it is so easy and available, is highly tempting for students, journalists on deadline and others too pressed or too lazy to dig deeper than the initial entry. That just ratchets up a problem that librarians, teachers and others have long tried to combat: the tendency for readers to believe everything they see in print.

“Even in print, you have to verify,” Sharp says. “But the print resources we have are from reputable publishers, whereas Wikipedia you don’t know the publishers. You have to verify things.”

Monday, January 10, 2011

Facebook Wins Relatively Few Friends in Japan - NYTimes.com

A US company facing challenges entering a foreign market - not unusual, but here some barriers are cultural. What are the chances of a successful market entry?

Facebook Wins Relatively Few Friends in Japan - NYTimes.com

Sunday, January 9, 2011

Vietnam Confronts Economic Quagmire - NYTimes.com

A view that incorporates economics, politics, culture, sociology, and more about one of the most beautiful countries I have ever experienced:

Vietnam Confronts Economic Quagmire - NYTimes.com

Thursday, January 6, 2011

Wednesday, January 5, 2011