Videos - McGraw-Hill Introduction to Business

[VIDEO] Why Hitting the Debt Ceiling Would Be ‘Catastrophic’

May 11, 2023

Lawmakers are once again butting heads about raising the debt ceiling, a limit on the total amount of money that the federal government is authorized to borrow. This video looks at the potential economic consequences that could follow if legislators fail to reach an agreement and default on the nation’s debt.

Questions:

How does debt help drive the U.S. economy?
Why are U.S. bonds traditionally seen as reliable investments? How could that change if the country defaults on its debt?

Bonds, Debt ceiling, Economics, Ethics, Federal Reserve, Global, Regulation, Securities

Bonus Chapter A: Business Law, Chapter 19: Securities Markets, Chapter 1: Taking Risks and Making Profits, Chapter 20: Money and Financial Institutions, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Videos

[VIDEO] How Nintendo Stays in the Game

May 5, 2023

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The Super Mario Brothers Movie has earned more than $1 billion at the worldwide box office so far, marking just the latest success for the entertainment juggernaut Nintendo. This video looks at how the Japanese company manages to stay on top of the volatile video game industry thanks to reliable hardware sales as well as classic characters like Mario, Luigi, Link, and many others.

Questions:

Why do Sony and Microsoft sell their consoles at a loss? How does Nintendo manage Continue reading →

Entertainment, Marketing, Nintendo, Product Development, Product Distribution, Promotions, Supply & Demand, Video Games

Bonus Chapter B: Technology and New Media, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion, Chapter 1: Taking Risks and Making Profits, Videos

[VIDEO] How Girl Scouts’ $800 Million Cookie Empire Works

April 21, 2023

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For a few months every year, legions of Girl Scouts across America set out on entrepreneurial adventures to sell classic cookies like Thin Mints, Samoas, and Tagalongs. This video looks at the $800 million Girl Scout cookie operation, which aims to teach kids valuable business lessons and people skills that remain for a lifetime.

Questions:

How do the Girl Scouts use scarcity to increase demand for cookies every year?
How has e-commerce changed the Girl Scout cookie selling experience?

E-commerce, Education, Entrepreneurship, Food & Drink, Marketing, Product Distribution, Promotions, Supply & Demand

Bonus Chapter B: Technology and New Media, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion, Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 6: Entrepreneurship, Videos

[VIDEO] Apple vs. Banks: The Digital-Wallet War

April 13, 2023

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Since launching its digital payment system in 2014, Apple has steadily increased its market share in a space traditionally dominated by big banks. This video looks at how Apple Pay has frightened Wall Street stalwarts like JPMorgan Chase and caused financial institutions to expand their own digital payment efforts in order to compete.

Questions:

What advantages and disadvantages does Apple Pay have compared to traditional financial firms?
Do you prefer to pay with cards or digital platforms like Apple Pay?

Apple, Apple Pay, Credit Cards, Currency, Debit cards, Digital payments, Finance, Silicon Valley, Wall Street

Chapter 18: Financial Management, Chapter 19: Securities Markets, Chapter 1: Taking Risks and Making Profits, Chapter 20: Money and Financial Institutions, Videos

[VIDEO] How Delta Makes 3,200 Meals Per Day

April 5, 2023

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In the last few months, we’ve posted videos focusing on small businesses that produce mouthwatering foods by hand, from tasty chocolates to delicious hand-rolled bagels. Today’s video looks at another sort of commercial kitchen, however, a facility owned by Delta Airlines that pumps out more than 3,000 meals daily by relying on robotic machines.

Questions:

Why does Delta rely on automated cooking machines at its Atlanta facility?
Do you think small businesses producing food by hand could benefit Continue reading →

Airlines, Automation, Food & Drink, Global, Manufacturing, Operations Management

Bonus Chapter B: Technology and New Media, Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 9: Production and Operations Management, Videos

[VIDEO] How The Oldest Chocolate House In New York Manages to Thrive

March 30, 2023

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The video below takes a long look at Li-Lac Chocolate, the oldest chocolate house in New York that thrives by doing things the old fashioned way. Along with observing their unique production processes, this video examines how Li-Lac made it through the pandemic to continue its century-long tradition.

What value do the antique chocolate molds owned by Li-Lac Chocolates give to the company?
How did the pandemic affect business at Li-Lac Chocolate?

Entrepreneurship, Food & Drink, Manufacturing, Marketing, Operations Management, Pandemic, Product Development, Product Distribution, Supply & Demand

Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Videos

[VIDEO] How the FDIC Insures Customers’ Deposits

March 24, 2023

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The Federal Deposit Insurance Corporation (FDIC) does not get much attention unless something goes drastically wrong in the financial world, such as the recent collapse of Silicon Valley Bank (SVB). This video explains how the organization covers customers’ deposits in order to prevent bank runs, and how the fall of SVB presented the FDIC with some unique challenges.

Questions:

Why was the FDIC formed, and how does it protect customers’ deposits?
How did the FDIC’s handling of the SVB collapse Continue reading →

Bailout, Economics, Ethics, FDIC, Federal Reserve, Financial Crisis, Regulation, Securities Markets, Stock Market, SVB

Bonus Chapter A: Business Law, Chapter 18: Financial Management, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Videos

[VIDEO] How SVB Collapsed in 36 Hours

March 16, 2023

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The video below provides an in-depth look at Silicon Valley Bank’s downfall, from its heavy investments in bonds to the bank run that has sent shockwaves through the market. (For more information on investigations into potential misconduct at SVB, check out this video.)

Questions:

How did SVB’s substantial investments in bonds backfire on the bank?
Do you think federal regulators should place limits on how much money banks like SVB can invest? Why or why not?

Banking, Ethics, FDIC, Federal Reserve, Financial collapse, Regulation, Stock markets, Supply & Demand

Chapter 18: Financial Management, Chapter 19: Securities Markets, Chapter 1: Taking Risks and Making Profits, Chapter 20: Money and Financial Institutions, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Videos

[VIDEO] Why is Everything Getting So Expensive?

March 10, 2023

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Prices on everyday products like groceries and diapers have increased dramatically in the last couple of years, with inflation often being identified as the culprit. This video takes a close look at the potential causes of the post-pandemic trend of rising inflation, examining why supply chain issues and plain old markups could be responsible for ever-increasing prices.

Questions:

What are the potential causes of inflation outlined in this video? Which factor do you think is the most likely cause Continue reading →

[VIDEO] How Commodity Markets Work

March 3, 2023

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Florida’s orange crop is shrinking year after year, sending commodity prices skyrocketing for orange juice concentrate. This video examines the intricacies of commodity markets through the lens of concentrated OJ, looking at concepts like futures contracts and how they affect both farmers and retailers.

Questions:

Why has Florida’s plummeting orange production caused juice prices to increase significantly?
What are the benefits of futures contracts for farmers and manufacturers?

Agriculture, Commodities, Food & Drink, Operations Management, Pricing, Product Distribution, Retail, Supply & Demand

Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 19: Securities Markets, Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 9: Production and Operations Management, Videos