October 18, 2018

Every day, thousands of huge cargo ships criss-cross oceans delivering products to markets all over the globe. But that’s not the only thing these vessels bring to port: they also emit sulfuric gases and fine particles that settle over cities as smog. In order to combat all this toxicity, a couple of years ago the United Nations passed a resolution to reduce the amount of sulfur content in maritime fuels. According to the guidelines, by 2020 shippers must switch to Continue reading

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October 16, 2018

The Japanese clothing retailer Uniqlo has steadily grown into an international brand known for its inexpensive but stylish designs. As you might expect, maintaining this image requires the company to strike a delicate balance between creating interesting products and keeping costs low. That’s why Uniqlo recently announced that robots have replaced 90 percent of the staff at one of its warehouses.

Along with drastically cutting costs, the company’s newly automated warehouse will also be able to operate 24 hours a Continue reading

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October 12, 2018

Last week representatives from the U.S., Mexico, and Canada reached an agreement to update NAFTA, the international trade deal that went into effect in 1994. Now known as the USMCA, this video looks at how the new deal could affect various industries throughout North America. Click here to watch it.

 

 

Questions:

  1. Which industries will be most affected by the USMCA?
  2. What is the purpose of international trade deals like NAFTA or the USMCA?

 

Photo by Nicoguaro.

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September 21, 2018

Depending on which way you look at it, the rise of automated labor in the workplace can serve as either a source of optimism or anxiety. On the pro side of the argument, robotic workers will be highly efficient and more willing to perform monotonous tasks than their human counterparts. Of course, matters of “efficiency” don’t mean much to people who could lose their jobs because of automation. And according to a new study published by the World Economic Forum, Continue reading

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September 7, 2018

Last night, the NFL kicked off its new season with a battle of the birds as the Atlanta Falcons fell to the Philadelphia Eagles. But while Atlanta couldn’t earn a victory on the field, the franchise is certainly a winner in the eyes of many budget-minded fans. That’s because in 2017 the Falcons announced it would make some big changes to concession prices after the grand opening of the Mercedes-Benz Stadium. Rather than follow the industry’s lead and overcharge customers Continue reading

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September 6, 2018

About a century ago, American manufacturers started stacking their goods on wooden pallets that could then be carried off by forklifts. Taking advantage of these two recent inventions allowed factories to transport products in bulk without making a lot of trips. Not much has changed since then: today more than 2 billion pallets circulate around the U.S. carrying everything from car parts to candy.

Despite its staying power, though, the classic wooden pallet certainly comes with its share of disadvantages. Continue reading

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September 4, 2018

A couple of months ago, we took a look at Starbucks’ plan to eliminate its use of plastic straws by 2020. While the coffee chain remains the most high-profile business to ban straws, several cities throughout the country have joined the effort by passing legislation regulating their use. For instance, last month San Francisco passed an ordinance that prohibits restaurants from distributing any single-use plastic utensils or accessories. The cities of Seattle, Malibu, and Vancouver have recently put similar laws Continue reading

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August 31, 2018

Although many American advertisements suggest that Florida remains the orange juice capital of the world, the video below shows how that’s not quite the case. Due to the state’s extreme weather and a number of other factors, the South American nation of Brazil has long stood as the globe’s top producer of OJ.

Questions:

  1. Why has the size of Florida’s orange crop fallen so much in recent years?
  2. What are the benefits and drawbacks of Brazil’s dominance of the orange industry?
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August 17, 2018

If you’ve ever wondered whether it’s safe to eat eggs that have gone past their “sell-by date,” you are certainly not alone. This video looks at the confusing dates that companies place on food packaging and how they encourage consumers to throw out items that are still edible.

Questions:

  1. Why do companies place sell-by dates on food packaging?
  2. What can companies do to make food date labels more straightforward for consumers?
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August 3, 2018

A few months ago, we looked at why our subject for the Chapter 8 profile in Understanding Business was leaving her position as CEO of the Campbell Soup Company. As the video below shows, however, Campbell’s problems began long before Denise Morrison took the top job.

Questions:

  1. Why has Campbell’s struggled to grow steadily in recent years?
  2. What do you think Campbell’s should do to start winning over young consumers who don’t like canned soup?
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