LIFE'S JOURNEY: like the complex charting of a course on the 'trackless' ocean, heading to a distant port.
Friday, December 16, 2016
Wednesday, October 19, 2016
Documentary Idea
I would like to do a documentary on
the (NRZ) neighborhood revitalization zone
operation in the Blue Hills area of Hartford, Connecticut's
capital city.
Monday, October 10, 2016
Wednesday, October 5, 2016
Rising_Powers
Published on Jun 17, 2016
China and India have proven themselves indispensable in the first decade of the twenty-first century, which has been a remarkable period of economic growth and increased connectivity for both countries. Policy initiatives like the US Trans-Pacific Partnership (TPP) that promote trade in these emerging markets provide exciting new opportunities for entrepreneurs around the globe to expand and develop their businesses and connect with potential consumers. However, in an increasingly competitive global marketplace, can the US continue to lead in both the political and economic spheres? How should the US engage with India and China in the future? Join World Affairs for a conversation with Anja Manuel, co-founder and principal of RiceHadleyGates, LLC, who will offer insights into how the US should work with China and India to face the twenty-first century's global challenges.
Speaker Anja Manuel is Co-Founder and Principal at RiceHadleyGates LLC.
Speaker Anja Manuel is Co-Founder and Principal at RiceHadleyGates LLC.
Wednesday, September 28, 2016
Tuesday, September 27, 2016
Monday, September 26, 2016
Monday, September 19, 2016
BBG101_ch2_influential_you
Sight * Sound * Synch
Khan Academy VideoPlease watch before class Mon Sept 12-
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Please check the slideshow that is embedded in this article
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A PBS Video
- CH2 ASSIGNMENT INSTRUCTIONS & QUESTIONS:
- What are some of the things China & Cuba have in common (tip: Think about China before revolution)
- Please define the following terms by citing examples from the SOURCES that I provided for Ch2
- Social Democrat
- Hard Core Socialism
- Pure market economy (pure capitalism)
- Mixed economy
- Where would you place Denmark, China, Cuba, and the U.S. in the continuum below. Explain why. (I drew a continuum that has pure market economy & pure government planned economy at the opposite ends. In between we have mixed economy)
- Which of the 4 economic systems would you prefer to live in? Why? List at least 6 factors & explain.
===================
B.A.R.C. GROUPWORK
Austin Cronkhite, Ronald Martin, Kyle Micena, Ben
1. what are some of the things China & Cuba have in common (tip: think about China before reforms). Both China and Cuba lean towards a communist government system. The people elect officials to run a people’s congress and those officials appoint the higher ups in the government.
2. Define the following terms by citing examples from sources provided for ch 2
* social democrat- A form of government where the government controls the economy but the people elect the officials. “http://qz.com/538499/denmark-says-it-isnt-the-socialist-utopia-bernie-sanders-thinks-it-is/”
* hard core socialism (pure government +planned economy)- The government controls the entire economy.” http://qz.com/538499/denmark-says-it-isnt-the-socialist-utopia-bernie-sanders-thinks-it-is/”
* pure market economy (pure capitalism)- The economy is open and the government does not regulate anything.
* mixed economy- A mix between the open market and government regulated economy.
3. where would you place Denmark, China, Cuba and the US tin the continuum. Explain why
Capitialism______USA____________Denmark__________China________Cuba___Communism pure capitalism * conscious capitalism * pure economy hard core socialism
4. which of the 4 economic systems would you prefer to live in? why? list at least 6 factors – explain. Out of all the economic systems I think a mixed economy is the best because people are free to live their lives the way they want. The government has some control to regulate and create fair laws to protect its citizens. Like in Denmark for example people are free to venture on their own but the government also supports them financially. This is the perfect medium where the government supports their citizens not dictating them. People are free to innovate and come up with their own ideas to create profit. Also in a mixed economy Meritocracy is key because it ensures all citizens are rewarded with good incentives such as taxes according to their effort. In a mixed economy social conscious is encouraged in forms such as charities, nonprofits, and financial support systems. This is key to keeping the citizens happy as well as keeping order and being prosperous. “All Danish citizens have access to child care, state-guaranteed medical and parental leave from work, free college tuition in which students receive a paycheck from the government during enrollment, free health care and a generous pension”. This is the kind of support that I think all economic systems should provide and why the people in Denmark are so happy.
_______
0:08the Scottish philosopher Adam Smith.
The Wealth of Nations 1776 - Self-Interest, led by the invisible hand, frequently leads to the greater good. Micro and Macroeconomics. Individual and aggregate actions. Allocation of scare resources affects prices and markets.
MACRO
Policy - Top-down questions * philosophy * assumptions * conclusions * decisions * simplification
MICRO
Aflred Knopf, was publisher in the 1900s. he said: "An economist is a man who states the obvious in terms of the incomprehensible."
In September 2008, the United States plunged into a deep economic crisis.The banking system hovered on the edge of collapse. Property values plummeted, and home foreclosure rates soared. Massive layoffs put more than a million Americans out of work. By the end of the year, the stock market had lost more than a third of its value, and financial turmoil in the United States had sparked sequential economic shocks from Europe, to South America, to Asia, and beyond. The outlook was grim.
How did this happen? Why? How could the economy get back on track?
Entertainment Means Profits
Global Economic Crisis: How did This Happen?
The seeds of the crisis were planted more than a decade ago, during a time of prosperity. Through the last half of the 1990s, America enjoyed unprecedented growth. Unemployment was low, productivity was high, inflation was low, and the real standard of living for the average American rose significantly. The American economy grew by more than $2.4 trillion, a jump of nearly 33% in just five years. But the scene changed for the worse when the dot-com bubble burst in 2000, followed by the 9/11 terrorist attacks in 2001. As the stock market dropped and unemployment rose, economic experts feared that the country was hovering on the brink of a full-blown recession.*
In an effort to avert recession by increasing the money supply and encouraging investment, the Federal Reserve—the nation’s central bank—decreased interest rates from 6.5% in mid-2000 to 1.25% by the end of 2002.
Thursday, September 15, 2016
efd
Not A Disorder?
life with Asperger's
The 'Unofficial' ADHD Test for Adults
What You Can Do About It"
https://youtu.be/t_oHFvInY64PERFORMANCE DISORDER
Meds and how they all work differently
Chronic Developmental Disability
ADHD: A Changing Diagnosis
Adults With ADHD: What Do We Know?
Tuesday, September 13, 2016
class bus 101
1. what are some of the things China & Cuba have in common (tip: think about China before reforms
2. Define the foll terms by citing examples from sources provided for ch 2
* social democrat
* hard core socialism (pure governmant +planned economy
* pure market economy (pure capitalism)
* mixed economy
3. where would you place Denmark, China, Cuba and the US tin the continuum. Explain why
pure capitalism * conscious capitalism * pure economy hard core socialism
4. which of the 4 economic systems would you prefer to live in? why? list at least 6 factors - explain
Friday, September 2, 2016
30398BBGB101_9116
CLASS NOTES 9/1/16 - Business Chapter 1
Amazon and Pinterest – not profitable soon after startup – the promise of profit
What is business – goods, services, revenue, profit, entrepenuer Jeff Bezos
Businesses Contribute to society through innovation
– UBER, CELLPHONES,WALGREENS
Examples of businesses contributions to society
YMCA – providing community spaces for exercises, classes etc
NETFIX – easy access to entertainment
GOOGLE – easy access to information
WALMART – low price one stop shopping
Innovative * provide jobs increase standard of living affecting the economy
Outside factors affect businesses * The Economic environment * Employment
Ford GM & Chrysler – why Ford survived. Convincing the banks
TEXTBOOK "According to Charles Darwin, it is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. And so it is with business"
_________________________________
MY SIDEBAR
Social
entrepreneurship is the
use of start up company-style business venture techniques to develop, fund and
implement innovative solutions to social,
cultural, or environmental issues. This concept may be applied to a variety of
organizations with different sizes, aims, and beliefs.
CLASS NOTES 9/6/16 - Business Chapter 1
Refocused – Ford : 2006; timed borrowing; Tata of India bought luxury brands
Key elements of US Economy – greater incentives in US
2.
Copyrights /Patents
The
Economic Environment
The
Competitive Environment
The
Workforce Advantage
Developed, Developing, ; factors:
per
capita income
Taxes, - tax rates
by country
TRYING VS NOT TRYING
SOFTWARE INFRASTRUCTURE
VENDOR RELATIONSHIPS
The
Global Environment
Outsourcing – US hospitals outsourcing radiology work to
India
Foreign outsourcing means contracting with foreign suppliers to produce products, usually at a fraction of the cost of domestic production. H&M, for instance, relies on a network for manufacturers around the globe, mostly in less developed parts of the world, including Kenya, Cambodia, Indonesia, Myanmar, Sri Lanka, and Bangladesh. Apple depends on firms in China and Taiwan to produce the iPhone. And countless small companies contract with foreign manufacturers as well. The key benefit, of course, is dramatically lower wages, which drive down the cost of production.
While foreign outsourcing lowers costs, it also involves significant risk. Quality control typically requires very detailed specifications to ensure that a company gets what it actually needs. Another key risk of foreign outsourcing involves social responsibility. A firm that contracts with foreign producers has an obligation to ensure that those factories adhere to ethical standards. Deciding what those standards should be is often quite tricky, given different cultures, expectations, and laws in different countries. And policing the factories on an ongoing basis can be even harder than determining the standards. But companies that don’t get it right face the threat of significant consumer backlash in the United States and Europe. This has been a particular issue with products produced in China. In the recent past, for instance, product defects forced U.S. firms to recall a host of Chinese-produced toys, including Thomas the Tank Engine trains that were coated with toxic lead paint, ghoulish fake eyeballs that were filled with kerosene, and Polly Pocket dolls that posed a swallowing hazard. And in 2013, Greenpeace released a study that showed that the bulk of children’s clothing produced in China—the world’s largest exporter of textiles—contains hazardous levels of toxic chemicals.
"Many Americans have become personally familiar with the quality/cost trade-off as
a growing number of companies have outsourced customer service to foreign call centers.Research suggests that the approximate cost of offering a live, American-based, customer service agent averages about $7.50 per call, while outsourcing those calls to live agents in another country drops the average cost down to about $3.25 per call. But customers end up paying the difference in terms of satisfaction, reporting high levels of misunderstanding, frustration, and inefficiency. A number of firms—such as jetBlue and Amazon.com—have enjoyed the best of both worlds by outsourcing customer service calls to U.S. agents
who work from their own homes."
Foreign outsourcing means contracting with foreign suppliers to produce products, usually at a fraction of the cost of domestic production. H&M, for instance, relies on a network for manufacturers around the globe, mostly in less developed parts of the world, including Kenya, Cambodia, Indonesia, Myanmar, Sri Lanka, and Bangladesh. Apple depends on firms in China and Taiwan to produce the iPhone. And countless small companies contract with foreign manufacturers as well. The key benefit, of course, is dramatically lower wages, which drive down the cost of production.
While foreign outsourcing lowers costs, it also involves significant risk. Quality control typically requires very detailed specifications to ensure that a company gets what it actually needs. Another key risk of foreign outsourcing involves social responsibility. A firm that contracts with foreign producers has an obligation to ensure that those factories adhere to ethical standards. Deciding what those standards should be is often quite tricky, given different cultures, expectations, and laws in different countries. And policing the factories on an ongoing basis can be even harder than determining the standards. But companies that don’t get it right face the threat of significant consumer backlash in the United States and Europe. This has been a particular issue with products produced in China. In the recent past, for instance, product defects forced U.S. firms to recall a host of Chinese-produced toys, including Thomas the Tank Engine trains that were coated with toxic lead paint, ghoulish fake eyeballs that were filled with kerosene, and Polly Pocket dolls that posed a swallowing hazard. And in 2013, Greenpeace released a study that showed that the bulk of children’s clothing produced in China—the world’s largest exporter of textiles—contains hazardous levels of toxic chemicals.
"Many Americans have become personally familiar with the quality/cost trade-off as
a growing number of companies have outsourced customer service to foreign call centers.Research suggests that the approximate cost of offering a live, American-based, customer service agent averages about $7.50 per call, while outsourcing those calls to live agents in another country drops the average cost down to about $3.25 per call. But customers end up paying the difference in terms of satisfaction, reporting high levels of misunderstanding, frustration, and inefficiency. A number of firms—such as jetBlue and Amazon.com—have enjoyed the best of both worlds by outsourcing customer service calls to U.S. agents
who work from their own homes."
STUDY
Business
- Profit vs non-profit SBA
CHAPTER REVIEW
1-1 Define business and discuss the role of business in the economy.
A business is any organization or activity that provides goods and services in an effort to earn a profit. Profit is the money that a business earns in sales, minus expenses, such as the cost of goods and the cost of salaries. Profit potential provides a powerful incentive for people to start their own businesses, or to become entrepreneurs. Successful businesses create wealth, which increases the standard of living for virtually all members of a society.
1-2 Explain the evolution of modern business.
Business historians typically divide the history of American business into five distinct eras, which overlap during the periods of transition.
Industrial Revolution: From the mid-1700s to the mid-1800s, technology fueled a period of rapid industrialization. Factories sprang up in cities, leading to mass production and specialization of labor.
Entrepreneurship Era: During the second half of the 1800s, large-scale entrepreneurs emerged, building business empires that created enormous wealth, but often at the expense of workers and consumers.
Production Era: In the early 1900s, major businesses focused on further refining the production process, creating huge efficiencies. The assembly line, introduced in 1913, boosted productivity and lowered costs.
Marketing Era: After WWII, consumers began to gain power. As goods and services flooded the market, the marketing concept emerged: a consumer-first orientation as a guide to business decision making.
Relationship Era: With the technology boom in the 1990s, businesses began to look beyond the immediate transaction, aiming to build a competitive edge through long-term customer relationships.
1-3 Discuss the role of nonprofit organizations in the economy.
Nonprofit organizations often work hand in hand with business to improve the quality of life in our society. Nonprofits are business-like establishments that contribute to economic stability and growth.Similar to businesses, nonprofits generate revenue and incur expenses. Their goal is to use any revenue above and beyond expenses to advance the goals of the organization, rather than to make money for its owners. Some nonprofits—such as museums, schools, and theaters—can act as economic magnets for communities, attracting additional investment.
1-4 Outline the core factors of production and how they affect the economy.
The four factors of production are the fundamental resources that both businesses and nonprofits use to achieve their objectives.
Natural resources: All inputs that offer value in their natural state, such as land, fresh water, wind, and mineral deposits. The value of natural resources tends to rise with high demand, low supply, or both.
Capital: The manmade resources that an organization needs to produce goods or services.The elements of capital include machines, tools, buildings, and technology.
Human resources: The physical, intellectual, and creative contributions of everyone who works within an economy. Education and motivation have become increasingly important as technology replaces manual labor jobs.
Entrepreneurship: Entrepreneurs take the risk of launching and operating their own businesses. Entrepreneurial enterprises can create a tidal wave of opportunity by harnessing the other factors of production.
1-5 Describe today’s business environment and discuss each key dimension.
Accelerating change marks every dimension of today’s business environment.
Economic environment: In late 2008, the U.S. economy plunged into a deep financial crisis. The value of the stock market plummeted, companies collapsed, and the unemployment rate soared. The president, Congress, and the Federal Reserve took unprecedented steps—including a massive economic stimulus package—to encourage a turnaround.
Competitive environment: As global competition intensifies, leading-edge companies have focused on long-term customer satisfaction as never before.
Technological environment: The recent digital technology boom has transformed business, establishing new industries and burying others.
Social environment: The U.S. population continues to diversify. Consumers are gaining power, and society has higher standards for business behavior.Sustainability has become a core marketplace issue.
Global environment: The U.S. economy works within the context of the global environment. The worldwide recession has dampened short-term opportunities, but China and India continue their rapid economic development.
CLASS NOTES 9/13/16 - Business Chapter 2
CLASS NOTES 9/13/16 - Business Chapter 2
Ch2 Folder
-
Khan Academy VideoPlease watch before class Mon Sept 12
-
-
-
Please check the slideshow that is embedded in this article
-
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