Unit 3 Inquiry Questions:

by Adrian on March 1, 2015

Factual:
1) Why do businesses expand globally?
Business expand globally, because it tries to increase its market size to earn money. This is because there is a chance of grabbing that countries demand for products. As you expand into other countries profit can double or triple if you are doing well. However if it fails, it will have a huge set back in your company. Therefore people have to use the PEST analysis to decide if the company should move into a new country.
Conceptual:
2) How can we analyse a market’s suitability for expansion?
We can analyse the markets’s suitability by using the PEST analyse. PEST analyse is an good way to decide if the company should move into the new country, because it evaluates all factors that can potentially affect the company. These factors include political, economic, social and technologic.  Examples of political can be the minimum wages, quality standards and etc, economic examples are taxes, future increase of GDP, social examples are population increase or decrease, religion and technologic  examples are power supply, machinery need and etc.
3) How does one determine if an action is ethical?
One can determine if an action is ethical, by looking at how they try to improve community, following laws and regulation. This means they are ethical, because the business does the least damage to the environment around them. Also thinking about the impact they will make is important, because they are not ignoring anything but the profit they earn. Example of ethical actions could be Adidas improving factories, so that it can follow fire safety requirements. This is an ethical act, because they are thinking about the workers safety and not just about the money and profit they earn.
Debatable:
4) To what extent do businesses behave ethically?
Business behave ethically to the point where there bad points over take the  good points they have. An example would be paying workers less and not giving workers a voice, however the company is donating to a charity. In this example, the company would be unethically, because they are ignore government rules and workers voice while they help random charities. I think that following government rules and giving workers a voice is more important than donating to charity, so to this extent the business’s behaviour is unethically.
5) To what extent does globalisation create opportunities for business?
I think that opportunities for business, are when the market of an certain place is rising. And globalisation can create business opportunities, because these store can boost the economy by paying taxes. This is because when the population starts to earn more money, there can start spending on wants. Wants could be enjoy a better meal, buying a T.V or even some services. Also when a country starts to globalise, this will increase the opportunity for a business, because people are starting to experience new stuff. If the people like it, then you basically captured the market of that place. This can help a company earn lots of money, because everyone from that place eats at that restaurant. And they would not need to advertise for their company, because it is so famous. This can save lots of money, because some companies spend a lot of money on ads. For example, Honda spend 6.3 million dollars on adverting for their new car. 6.3 million dollars is a lot and if it is not spent on ads, it could be used to develop the company more.
Source:
http://www.businessinsider.com/most-expensive-commercials-2011-6?op=1

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Business Going Global Reflection

by Adrian on February 28, 2015

1) What did your GROUP do well?

 I think that our group worked well, because we got together and work on the project outside of class. 

2) How could your GROUP improve?

I think there are many different possibilities for our group to improve, this is because our presentation seem like it lacks in energy. One really good way is to have different tones when speaking, this is because mono tone sounds really boring as a result of people drifting off. Second, I think that we should move around and have a more interactive ending, since it would be unique and people would remember it. And if people remember it, it must be successful unless the presentation was really bad.

3) What did YOU do well?

I tried to keep eye contact with the audiences and the teacher, however some times I forget my lines and look at my bullet points. I am not sure, but I think I had a loud voice. This is important, because the presentation would get really boring and irritating. Also, I think that I spoke at a steady pace, so everyone can listen without miss out on stuff. 

4) What could YOU do to improve?

I think that practicing my script would really help, because sounding more confidence will make a big differences on the audiences impression.

5) What did you like about the assignment?
I like how you get to collaborate with other classmates, however some people don’t always do their work. This assignment was interesting, because it require critical think and there was no right and wrong answer.

6) What would you change about the assignment?

I would change the fact how the time limit was only 15 mins long, because many groups went overtime.

7) What was the BEST presentation? Why?

I thought that best presentation would be the Best buy presentation or the Galaxy presentation, because the two presentation made audience move around. This kind of stuck out, because the presentation was more interactive instead of regular presentation.

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Chinese Reading ComprehensionTest Reflection

January 15, 2015

我覺得這次閱讀理解是一點難,但是我拿了45分。 這篇文章是講啃老族和原因為什麼會有啃老族。 讀完這篇文章,現在我知道有6個原因。我在最後的部分做的最好,因為我明白作者主要用途的圖畫。 但是我最差的部分是第一個,因為我不是太明白文章想說什麼。

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Business Unit 2 questions

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Factual:   1) What influences supply & demand in a market? In business there are 5 stuff that can affect the supply and another 5 that affects the demand. These 5 non-price determines can either increase the S,D or decrease the S,D  in different situations. For supply the 5 non-price determines are weather/Acts of god, […]

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Pre-Trip Journal Entries

November 5, 2014

1.) When thinking about what you are going to experience on this adventure,what emotion come to  mind? some examples might be:afraid, proud, courageous, grateful, lonely,happy, ecstatic…     2.)What kind of thins do you think you can expect in Taiwan?     3.) What kind of things do you think you will exposed to in […]

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