Regulation - McGraw-Hill Introduction to Business

Online Retailers Could Start Collecting Sales Taxes

June 22, 2018

In recent years, millions of consumers have grown accustomed to the convenience of online shopping. Along with enjoying wide selections and free home delivery, e-commerce customers often don’t pay sales tax for items purchased online. However, that last fact could soon change thanks to a new Supreme Court ruling.

The decision reverses a previous ruling that prevented companies from collecting sales tax in states where they had no physical presence. Given that online retailers aren’t constrained by borders, though, a Continue reading →

Retail, Pricing, Regulation, Amazon, Ethics, E-commerce, Sales Tax

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 14: Product and Price, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media

[VIDEO] AT&T, Time Warner and the Entire Media Merger Frenzy Explained

June 21, 2018

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After a lot of legal wrangling, AT&T and Time Warner recently received permission to proceed with a long-awaited corporate merger. But they aren’t the only media companies looking to combine forces: Disney plans to buy Fox, so long as Comcast doesn’t beat them to the punch. This video takes a look at what these mergers mean for the companies themselves as well as consumers.

Questions:

Why are major media companies starting to join forces through corporate mergers?
How do you Continue reading →

AT&T, Time Warner, Media, Mergers and Acquisitions, Entertainment, Regulation, Product Distribution

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 14: Product and Price, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media, Videos

[VIDEO] GDPR: What Is It and How Might It Affect You?

May 24, 2018

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Over the last few weeks, you may have noticed all sorts of websites sending emails to your inbox about updates to their privacy policies. The timing of these messages is no coincidence: they’re all part of an effort to inform users about the changes that are set to come from a piece of legislation recently passed by the European Union. Named the General Data Protection Regulation (GDPR), this video details how the new law will let people opt-out of data Continue reading →

EU, GDPR, Europe, Regulation, Data Mining, Legal, Marketing, Privacy

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 13: Marketing, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media, Videos

How Private Funding Fuels Modern Corporations

April 17, 2018

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Earlier this month, the music streaming service Spotify went public on the New York Stock Exchange with a valuation worth approximately $30 billion. And while that is certainly an enormous amount of money, it pales in comparison to the $93 billion that the Japanese telecom giant Softbank privately raised last year to create a technology investment fund. In the past, major IPOs such as Spotify’s tended to be the most dependable way for up-and-coming companies to receive a major infusion Continue reading →

Finance, Regulation, Investing, Wall Street, Spotify, Capital, IPO

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 6: Entrepreneurship, Chapter 18: Financial Management, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media

[VIDEO] Apple, Google and Amazon Seem Unstoppable. Now What?

March 23, 2018

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In the aftermath of Facebook’s data sharing scandal, critics of the company are calling on lawmakers to discuss ways that the social network could be regulated. To these concerned citizens, Facebook has grown too large to be trusted with so much of the public’s information. The video below looks at how America’s tech giants became so big and the ways that regulators could possibly target these companies in the future.

Questions:

Do you think big tech companies like Facebook, Continue reading →

Security, Google, Apple, Monopolies, Innovation, Regulation, Economics, Facebook, Ethics, Amazon, Silicon Valley

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Bonus Chapter A: Business Law, Videos

2017’s Equifax Hack Affected Nearly 148 Million People

March 6, 2018

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Last year, hackers targeted the credit reporting firm Equifax in one of the biggest data breaches in history. While the company initially estimated the cyberattack had affected 143 million consumers, it increased that number by 2.5 million a month later. Then last week Equifax announced a further 2.4 million people had been harmed by the hack, placing the grand total somewhere in the neighborhood of 148 million. Unlike the vast majority of consumers who had their social security information leaked, Continue reading →

Regulation, Security, Crisis management, Cyberattack, Management, Equifax, Ethics

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media

The Year Begins Badly for Bitcoin

February 2, 2018

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When we last looked at Bitcoin in December, the cryptocurrency’s price had skyrocketed to about $16,500 after starting the year at just $985. At its peak a couple of weeks later, a single Bitcoin became worth a whopping $19,511. The ever-increasing success of the cryptocurrency and others like it convinced some investors that the future of money was taking shape before their eyes. Many remained wary of Bitcoin’s boom, however, fearing that the bottom could fall out at any time. Continue reading →

Global, Ethics, Product Development, Innovation, Currency, Regulation, Bitcoin, Economics

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media

Beware of Phony IRS Calls This Tax Season

January 30, 2018

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Yesterday, the filing period officially opened for the 2018 tax season, an annual event that many Americans dread. Along with the standard pain that comes with writing checks to Uncle Sam, people also get stressed by worrying whether or not they calculated their tax bill correctly. Matters can become even worse for these anxious earners if they receive a phone call from the Internal Revenue Service regarding back taxes they never knew about.

But while these calls are certainly intimidating, Continue reading →

Regulation, Security, Crime, Taxes, IRS, Ethics

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 17: Accounting, Bonus Chapter A: Business Law, Bonus Chapter D: Personal Finance

A Contact Lens Startup Faces Trouble from Fake Prescriptions

December 19, 2017

NickelsMcHughMcHugh

In recent years, a number of startups have quickly grown into powerhouse operations by selling certain products directly to customers. From the eyewear seller Warby Parker to the razor maker Harry’s, these companies have disrupted traditional industries by cutting out unnecessary middlemen from their supply chains. They’ve also inspired startups like Hubble, a subscription-based service that sells contact lenses. For just $1 per day or $30 per month, customers receive a supply of Acuvue Moist daily disposable contacts, one of Continue reading →

Marketing, Ethics, Entrepreneurship, Regulation, Startups, Product Distribution, Eyewear

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, 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, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media

[VIDEO] How the End of Net Neutrality Could Change the Internet

December 15, 2017

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Yesterday, the Federal Communications Commission voted to repeal its set of net neutrality rules. These regulations prevented internet service providers from blocking traffic or charging users for certain online services or types of content. With the FCC’s rules struck down, though, the Internet will no longer be regulated by the government like a utility. The video below looks at how this decision could have sweeping repercussions for both businesses and individual users.

Questions:

In what ways could the end Continue reading →

Product Distribution, Ethics, FCC, Net Neutrality, Regulation, Legal

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 15: Distribution, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media, Videos