September 1, 2013

Mom and pop vendors at many of the nation’s leading state fairs are having trouble competing with new corporate competition.

http://on.wsj.com/1dks49v

Questions:

  1. What major challenge have small State Fair venders faced in recent years?
  1. What additional challenges do small food venders at State Fairs face?

 

From The Wall Street Journal

 

Continue reading...

July 17, 2013

China’s surging economy has provided its citizens with a constellation of benefits that would have been scarcely imaginable even a decade ago. But of all China’s consumer-enabled freedoms, the opportunity for worldwide travel perhaps represents the nation’s biggest leap into modernity. After all, Chinese tour groups were forbidden from traveling to the U.S. until 2007. The following year, 493,000 Chinese tourists flooded America. That number has since grown to more than a million visitors annually. But that’s nothing compared to Continue reading

Continue reading...

July 15, 2013

Throughout Pepsico’s history, one thing has remained constant: the company’s flagship soft drink has always played second fiddle to chief competitor Coca-Cola. Known by name by billions throughout the world, Coke is not only the gold standard of soft drinks, but of branding in general. Although Pepsi and its umbrella of products certainly command a fair market share, Coca-Cola’s continued worldwide dominance is all but assured at this point.

Except in Russia, that is. Pepsi was one of the first Continue reading

Continue reading...

July 12, 2013

 

First days on the job tend to be stressful. Not only must fresh hires learn the names of a litany of new colleagues, they may also be required to endure often boring orientation sessions. In corporate environments especially, these standardized introductory rituals teach new hires to tone down their own personalities in order to conform to the company’s way of doing things. While this is likely an efficient way to acclimate employees to the job, new studies show that Continue reading

Continue reading...

July 10, 2013

In the business world, companies aren’t the only ones who are concerned with attracting top tier talent. Governments, too, have a vested interest in either retaining their most skilled individuals or attracting the best from elsewhere. After all, an innovative and educated workforce can only sustain itself by remaining desirable to other capable candidates. For countries like India, this means keeping doctors and engineers local so they can help a homeland in need rather than travel abroad for greater fortunes. Continue reading

Continue reading...

In today’s modern economy, statistics are supreme. GDP, unemployment and interest rates all play dominant roles in the allocation of the government’s budget. No spending bill can hope to pass into law without a battery of statistics and figures charting how such legislation will benefit the country. But just how accurately do those numbers reflect the world we live in?

Take GDP, for instance. The famous figure has only been reliably collected in the U.S. since the 1930s and didn’t Continue reading

Continue reading...

millenMillenials are unlike any other generation that has come before. With 80 million born between 1980 and 2000, Millenials represent the largest age group in American history. They are also perhaps the most self-centered generation the world has ever seen. Fifty-eight percent more college students scored higher on a narcissism test in 2009 than in 1982. Forty percent of Millenials believe they should be promoted at work every 2 years regardless of their performance. They’re also obsessed with fame: three Continue reading

Continue reading...

Suggested by Mark Varycki of Hillsborough Community College, this video makes the case for free enterprise as a moral imperative.

 

Questions:

  1. Do you agree with the position stated in the video that free enterprise is the best economic system?
  1. Is it correct to credit globalization and free trade with easing global poverty?

From AEI Enterprises

 

Continue reading...

fastfoodClocking in at 800 calories with 53 grams of fat and 2,430 milligrams of sodium, Burger King’s Suicide Burger certainly lives up to its name. This outrageous creation features four patties, four slices of cheese and loads of bacon all slathered in special sauce. The existence of this burger brings to mind many troubling questions, not least of which is, “Why would Burger King offer such an abomination to their customers?” Well, as strange as it may seem, they technically Continue reading

Continue reading...

treviThe beauty of Italy’s ancient structures and sculptures has been renowned for more than two thousand years. Over the course of those centuries, maintenance responsibilities for the nation’s antiquities have transferred from their Roman builders to the Catholic Church and finally to the present-day Italian government. But there’s one major matter that separates the latter from its two mighty predecessors: money. As a result of the Italian economy’s recent collapse, the government has been forced to slash the maintenance budget Continue reading

Continue reading...