Videos - McGraw-Hill Introduction to Business

[VIDEO] How Supply-Chain Bottlenecks Shifted to East and Gulf Coast Ports

August 26, 2022

Global supply chains have been all out of sorts since the start of the pandemic, but for the most part traffic and delays have been isolated to ports on the Pacific. As the video below explains, though, bottlenecks have now moved to East and Gulf Coast ports that are unprepared for this influx of ships and container boxes.

Questions:

What are some reasons why shipping traffic and delays have moved from Pacific ports to East and Gulf Coast ports? Continue reading →

Product Distribution, Shipping, Operations Management, Supply & Demand, Pandemic, Supply chains, Transportation

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 9: Production and Operations Management, Chapter 15: Distribution, Videos

[VIDEO] The Fall (and Rise?) of Unions in the U.S.

August 12, 2022

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Thousands of workers at Amazon warehouses and Starbucks stores across the country have voted to unionize in recent months, potentially reversing decades of declining union membership in the U.S. This video takes a close look at the history of unions in postwar America, examining the reasons why service industries largely stayed unorganized and how that could change in the coming years.

Questions:

Why did union membership start to decline in the 1970s and 1980s?
Do you think U.S. legislators Continue reading →

Manufacturing, Unions, Labor Relations, Compensation, Motivation, Global, Ethics, Human Resources

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Videos

[VIDEO] How Consumer Confidence Relates to Inflation

July 29, 2022

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Consumer confidence in the economy has taken a nosedive as prices climb higher due to rising inflation, potentially indicating that the U.S. is on the road to a recession. This video looks at how the government collects data on consumer confidence while also examining the ways that low economic expectations can further fuel inflation.

Questions:

Why does the government collect data on consumer confidence? What sort of questions do they ask participants?
How can declining consumer confidence potentially drive inflation even higher?

Consumer Research, Federal Reserve, Focus Groups, Consumer Confidence, Economics, Inflation

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 20: Money and Financial Institutions, Videos

[VIDEO] Inside LinkedIn’s New Hybrid Office

July 7, 2022

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Although the pandemic ushered in a new era of working from home, many companies still want employees to come into the office. This video looks at how the social network LinkedIn redesigned its workplace to include more than 75 different types of seating, combining the comforts of home with the collaborative nature of the office environment.

Questions:

What are the benefits and drawbacks of LinkedIn’s new hybrid office plan?
Do you think more companies should follow LinkedIn’s lead and Continue reading →

Telecommuting, Management, Organizational Culture, Human Resources, Pandemic, Social Media, Office environment, LinkedIn

Chapter 1: Taking Risks and Making Profits, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management, Bonus Chapter B: Technology and New Media, Videos

[VIDEO] Why Tech Stocks Are Dropping

June 24, 2022

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Last week, we looked at how declining stock prices are signaling to analysts that an economic recession could be on the horizon. This video looks at how the recent downturn has been especially grim for tech companies, whose shares are down significantly due to rising interest rates and global instability.

Questions:

What are some factors that have caused tech stocks to fall sharply in recent months?
How have hiring decisions by companies like Facebook contributed to the tech stock downturn

Tech sector, Supply chains, Hiring, Securities Markets, Product Distribution, Federal Reserve, Supply & Demand, Stock Market

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 15: Distribution, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Videos

[VIDEO] How Inflation Impacts U.S. Households

June 10, 2022

NickelsMcHughMcHugh

Over the last year, Americans have seen prices skyrocket for everything from food to fuel, leading to higher bills and strained budgets. This video looks at how inflation has played out across the economy, from increased costs for consumer staples like meat and eggs to rising rents that are a result of low housing supplies.

Questions:

What long term economic factors have led to increased meat prices in recent months?
How has a lack of housing construction since the 2008 Continue reading →

Petroleum, Ukraine, Food & Drink, Supply & Demand, Housing, Russia, Supply chains, Operations Management, Energy, Global, Manufacturing, Product Distribution

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 15: Distribution, Videos

[VIDEO] Florida Orange Growers Struggle with Dwindling Harvests

May 26, 2022

NickelsMcHughMcHugh

Although the sunny state of Florida is famous for its acres of orange groves, the last few years have been stormy for citrus growers as they fight against a tree disease that damages their crops. This extensive video looks at how “citrus greening” brought on by an invasive insect has put many Florida growers out of business while others struggle to adapt to this new agricultural reality.

Questions:

How has citrus greening impacted the Florida orange industry?
What are Continue reading →

Product Distribution, Agriculture, Food & Drink, Operations Management, Global, Manufacturing

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 9: Production and Operations Management, Chapter 15: Distribution, Videos

[VIDEO] Why Electricity Costs Could Keep Climbing

May 12, 2022

NickelsMcHughMcHugh

Although electricity prices usually tend to increase alongside the temperature, this summer Americans could see their utility bills rise to record levels. The video below explains how climbing natural gas costs have made air conditioning more expensive than ever, a situation made worse by tangled supply chains and the war in Ukraine.

Questions:

How do rising natural gas prices impact utility costs for consumers?
Do you think utility providers should invest more in renewable energy sources to reduce their Continue reading →

Sustainability, Operations Management, Energy, Global, Natural Gas, Ethics, Product Distribution, Ukraine, Supply & Demand, Supply chains

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 15: Distribution, Videos

[VIDEO] How Crocs Went From Polarizing to Fashionable

April 28, 2022

NickelsMcHughMcHugh

While Crocs have had their fans since launching in 2002, the clog brand really took off during the pandemic as housebound Americans searched for comfortable indoor shoes. This video looks at how Crocs won over a doubting public thanks to its unique design, customization, and exclusive partnerships with brands and celebrities.

Questions:

Why did Crocs close its retail stores and move to a distribution model that focused on online sales? How did it benefit from this switch?
How Continue reading →

Celebrity Endorsements, Promotions, Marketing, Entrepreneurship, Product Distribution, Manufacturing, Crocs, Footwear

Chapter 1: Taking Risks and Making Profits, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion, Videos

[VIDEO] Shrinkflation May Leave Fewer Chips in Your Bag

April 15, 2022

NickelsMcHughMcHugh

As businesses across the globe contend with rising inflation, many companies are cutting costs by reducing the size of consumer goods and hoping buyers don’t notice. This video looks at this growing trend of “shrinkflation” and the risks that companies take when they downsize snacks.

Questions:

Why are many companies responding to rising costs with “shrinkflation?”
What risks do companies take when they alter the packaging or size of consumer goods like snacks?

Packaging, Marketing, Ethics, Product Distribution, Food & Drink, Supply & Demand, Inflation, Branding, Pricing

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Videos