Videos - McGraw-Hill Introduction to Business

[VIDEO] The Robot Revolution Has Arrived

August 20, 2020

As companies across all industries look for ways to reduce contact between employees during the pandemic, many are turning to automated labor as a way both to stay safe and trim costs. This video looks at how advanced robotic technology could change workplaces in the long term while also examining the potential limitations of automation.

Questions:

Why are many companies investing in automated labor during the pandemic?
What are the advantages and disadvantages of automation?

Organizational Culture, Operations Management, Ethics, Health, Human Resources, Automation, Manufacturing, Labor Relations, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 8: Organizational Culture and Structure, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter B: Technology and New Media, Videos

[VIDEO] How Coronavirus Is Ushering in a New Era of Concerts

July 23, 2020

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Since thousands of concert venues around the world remain closed due to coronavirus, many artists have taken to social media to stream live performances. These innovative concerts draw in huge online audiences but are no replacement for the revenue generated by live shows. This video looks at how the music industry is hoping to earn cash from unorthodox venues, such as drive-in concerts and video game tie-ins.

Questions:

Do you think virtual events in video games like Fortnite could Continue reading →

[VIDEO] The Economic Ripple Effect of Retail Sales, Explained

July 9, 2020

NickelsMcHughMcHugh

Retail sales plummeted during the coronavirus lockdown, which is bad news for more people than just business owners. This video shows how retailers drive economic growth by creating a ripple effect of sales across many different sectors.

Questions:

How do retail sales help drive economic growth?
Why have online retailers seen sales skyrocket during the pandemic?

Retail, Economics, Product Distribution, Marketing, Coronavirus, Operations Management

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Videos

[VIDEO] How One Business Pivoted to Fighting Coronavirus

April 30, 2020

NickelsMcHughMcHugh

Although many companies remain closed during the ongoing pandemic, some businesses have been able to alter their operations to produce increasingly vital supplies. This video looks at how Dogfish Head Brewery managed to keep its employees on the payroll while also supplying local hospitals with hand sanitizer.

Questions:

How did Dogfish Head Brewery change its operations to make hand sanitizer?
What is the three-step process that Dogfish Head Brewery used to engage with their community during the coronavirus crisis?

Product Distribution, Coronavirus, Operations Management, Ethics, Product Development, Entrepreneurship, Health, Human Resources, Manufacturing

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 14: Product and Price, Chapter 15: Distribution, Videos

[VIDEO] How the Oil Bust Could Reshape Global Markets

April 17, 2020

NickelsMcHughMcHugh

With millions of cars off the road and thousands of airplanes sitting idle on tarmacs, oil consumption has plummeted since the start of the coronavirus pandemic. This has led to a drastic drop in petroleum prices that could have an enormous impact on the global economy in the months to come. This video looks at how trade tensions caused prices to fall before the Covid-19 crisis and how oil producing nations are now rethinking their priorities.

Questions:

How has Continue reading →

[VIDEO] A Breakdown of the $2 Trillion Stimulus Package

April 2, 2020

NickelsMcHughMcHugh

After a long debate, last week legislators finally approved and signed into law a $2 trillion stimulus package that provides much needed economic relief during this unprecedented health crisis. The video below looks at how the money will be allocated to companies and the logistics behind expanded unemployment benefits as well as a $1,200 stimulus payment to American adults.

Questions:

What sort of restrictions does the stimulus package place upon companies that accept government relief?
Do you think this Continue reading →

Economics, Regulation, Ethics, Health, Human Resources, Labor Relations, Crisis management, Layoffs, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law, Videos

[VIDEO] Service Industry and Gig Workers Struggle during Pandemic

March 20, 2020

NickelsMcHughMcHugh

With many businesses altering their day-to-day operations, millions of Americans working in restaurants, bars, hotels, or for gig companies like Uber have seen their hours and pay cut drastically. This video looks at how the coronavirus pandemic is affecting regular people working in the San Francisco Bay Area and the solutions that they are asking for to relieve this crisis.

Questions:

Why do small businesses like restaurants and bars face so much uncertainty during the current coronavirus pandemic?
Do Continue reading →

Coronavirus, Operations Management, Ethics, Regulation, Human Resources, Health, Labor Relations, Unemployment, Supply & Demand

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law, Videos

[VIDEO] The Evolution of Open Offices

March 6, 2020

NickelsMcHughMcHugh

Last year, we looked at how open office plans can discourage communication between employees despite claims about their supposed collaborative benefits. This video explains the history of open offices and how modern workplaces often fail to live up to the standards of the past due to concerns about cost.

Questions:

How do modern open office plans tend to discourage communication and collaboration between employees?
Do you think more companies should create open office plans based on the principles Continue reading →

Open Offices, Work Environment, Office Culture, Office infrastructure, Motivation, Human Resources

Chapter 1: Taking Risks and Making Profits, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management, Videos

[VIDEO] Are Americans Ready to Love Trains Again?

February 21, 2020

NickelsMcHughMcHugh

For much of the 19th and early 20th centuries, train travel was the primary mode of transportation for millions of Americans. Once cars and air travel rose to prominence, however, trains fell out of use in the U.S. while other European and Asian nations greatly expanded their railway capabilities. Along with looking at the history of American train travel, this in-depth video examines a modern company that wants to connect the nation with high-speed trains like so many other countries Continue reading →

[VIDEO] How Ads Follow You Around the Internet

February 7, 2020

NickelsMcHughMcHugh

Targeted advertising has become the economic engine of the Internet for big companies like Facebook and Google that collect all sorts of data about their users. This video details how tech giants track people online in order to gather information for advertisers, a widespread practice that is nevertheless hugely controversial.

Questions:

How has the use of cookies changed from the early days of the Internet to today?
Do you think legislators should regulate how companies track people online for Continue reading →

Advertising, Marketing, Facebook, Ethics, Security, Silicon Valley, Google, Privacy, Targeted Advertising, Promotions

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 13: Marketing, Chapter 16: Place and Promotion, Bonus Chapter B: Technology and New Media, Videos