Description: When patients arrive at Woods Pharmacy & Prescription in Mountain View, Ark., pharmacist Dana Woods greets them by name. In a town of 3,000, where Woods has owned the $2 million pharmacy and soda fountain for 26 years, he usually also knows their parents, their children, and their medications. Source: Businessweek.com Date: 03/08/2012 Link: … Read more »
Posts Tagged: Decision Making
Hustle and Hustle Smart in Startups
Description: Like many other successful entrepreneurs, Brian Wong worked at a startup before branching out on his own. He worked in business development at Digg, and though he was laid off he says he learned a lot from working there. Source: Sprouter.com Date: 03/07/2012 Link: http://sprouter.com/blog/hustle-and-hustle-smart-in-startups/ Questions for discussion: What did you learn about entrepreneurship… Read more »
Green Mountain falls as Starbucks takes on Keurig
Description: Shares in Green Mountain Coffee Roasters Inc (GMCR.O) tumbled 14 percent on Friday, on fears that it may lose its near monopoly in the U.S. single-cup coffee market after partner Starbucks Corp (SBUX.O) outlined plans to launch a rival coffee and espresso machine. Source: Reuters.com Date: 03/09/2012 Link: http://www.reuters.com/article/2012/03/09/us-greenmountaincoffeeroasters-shares-idUSBRE8280MF20120309 Questions for discussion: Why have… Read more »
Designing a $100 solar-powered tablet
Description: Fuseproject founder Yves Behar shows off the One Laptop Per Child project’s latest invention. Source: CNNMoney.com – video report Date: 02/23/2012 Link: http://money.cnn.com/video/technology/2012/02/23/t-ts-nextlist-olpc.cnnmoney/ Questions for discussion: How do you think the creative product development process differs at a not-for-profit business like Fuseproject? How do you think this product will affect development at for-profit manufacturers?… Read more »
Making ‘whoopie’ from home
Description: Staying home with small children while earning an income is a common dilemma among parents. Amy Bouchard of Garinder, Maine, figured it out, turning her knack for whoopie pies into a profitable business. Source: CNNMoney.com – video report Date: 02/22/2012 Link: http://money.cnn.com/video/smallbusiness/2012/02/22/smb_sbt_wicked_whoopies.cnnmoney/ Questions for discussion: Explain the formula for this entrepreneurial success story? How… Read more »
YouTube bets $100 million on original content
Description: YouTube is enlisting Hollywood’s help to reach a generation of viewers more familiar with smartphones than TV remotes. Source: USAToday.com Date: 02/20/2012 Link: http://www.usatoday.com/life/television/news/story/2012-02-20/youtube-original-content/53170394/1 Questions for discussion: Do you think this production strategy can work? What other YouTube channel concepts do you think would succeed? Who are the target markets for these concepts? How… Read more »
Total Worldwide Social Network Ad Revenues Continue Strong Growth
Description: Worldwide social network ad revenues are still going strong and set to grow nearly 50% this year, according to eMarketer estimates. Source: eMarketer.com Date: 02/24/2012 Link: http://www.emarketer.com/Article.aspx?R=1008862 Questions for discussion: What explains this rate of growth? At what point do you think it will level off? How should marketing managers deal with this information?
A wonderland of chocolate
Description: Koppers Chocolate factory is the oldest and largest factory left in New York City. Source: CNNMoney.com – video report Date: 02/14/2012 Link: http://money.cnn.com/video/smallbusiness/2012/02/13/sbiz_koppers_chocolate.cnnmoney/ Questions for discussion: Describe the business model for this company. Why do you think it has remained relatively small when compared to bigger competitors? What advantages are there to choosing to… Read more »
For Small Theaters, the Digital Future Is Dark
Description: Independent movie houses scramble to pay for expensive new gear Source: Businessweek.com Date: 02/17/2012 Link: http://www.businessweek.com/magazine/for-small-theaters-the-digital-future-is-dark-02162012.html Questions for discussion: Why are smaller theatres having problems? Will these strategies work, in your opinion? What else could management do?
Gen Y Speeds Up Luxury Goods Spending
Description: Flash sale sites and the fashion industry’s maturing web presence boost sales to young consumers Source: eMarketer.com Date: 02/22/2012 Link: http://www.emarketer.com/Article.aspx?R=1008854&ecid=a6506033675d47f881651943c21c5ed4 Questions for discussion: Summarize the highlights in this report. Do you agree with the reasons given? Where do you think the marketplace is headed?
