Description: McDonald’s uses about 120 million eggs each year in Canada and about 2 billion in the United States. The restaurant chain has announced that intends to shift its procurement to cage-free eggs, though it may take as long as ten years for the company to reach the goal. Cage-free eggs command a premium in… Read more »
Posts Categorized: Marketing & Strategy
Beating a drum
Description: Ten years ago Larry Guay faced a huge challenge when his business of building furniture components was undercut by cheap knock-offs from competitors. Rather than fold up the manufacturing plant, he shifted product focus and together with his wife started Los Cabos Drumsticks. The team took their show on the road in the early… Read more »
Blackberry’s black ink
Description: Well, there’s sort of good news and bad news to this story. The good news is Blackberry’s fourth quarter results surprised observers with $28 million in reported profit, about 4 cents per share. The bad news is that the revenue figure of $660 million was below what some analysts felt it should be. The CEO… Read more »
Long-form problems
Description: Since the Canadian government cancelled the long-form census in 2010, we have heard a number of criticisms of the move. Now business leaders and economists are coming forward to add that the cancellation of the long-form census has robbed them of decision-making capacity. Without the information the census would have generated, businesses lack important… Read more »
Disappointment on Target
Description: Target began its liquidation of inventory in its Canadian stores this past week. And it seems that in some respects the retailer which disappointed Canadians is continuing to disappoint in its exit from the country. Empty shelves and slim discounts were on the minds of shoppers. One shopper told the Globe and Mail that… Read more »
How about those fees for flying?
Description: Air Canada recently reported its best quarter in corporate history. No doubt all those extra fees airline customers have to pay fit somewhere into that profitable picture. In the US, this so-called ancillary income – where it is disclosed – is up from $2.5 billion back in 2005 to $31.5 billion for 2013. That’s… Read more »
Buy back at Samsung
Description: Technology giant Samsung cheered up its investors recently through a major share repurchase. With profits falling, Samsung dug into its treasure chest of cash to placate investors, giving it time to rethink strategy. Samsung appears to be following the trend of several US technology companies that have used their cash surpluses to buy back… Read more »
K-cup versus Club
Description: They’ve transformed the coffee world, these single-serve brewing units like Kuerig and Tassimo. And now a Toronto company, Club Coffee LP, is suing Kuerig Green Mountain Inc for alleged anti-competitive practices. Club Coffee makes its own pods which are compatible with the Kuerig machines. And the patent on the K-Cup technology has expired. But… Read more »
Where is Google going next?
Watch the following video Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising things. Click on Where… Read more »
Refunds: why retailers are making it harder for you to get them
Returns fraud costs customers in terms of higher prices, more restrictive store policies Want your money back? Not so fast. Return policies are getting tighter as retailers try to protect themselves from returns fraud — and honest customers often pay the price. Not only that, but at many stores, policies are unevenly applied, a CBC… Read more »
Burnley Understanding Financial Accounting, 3rd Canadian Edition
Kimmel Financial Accounting, 8th Canadian Edition
Weygandt Accounting Principles, 9th Canadian Edition
Kimmel Survey of Accounting, 2nd Edition
Kieso Intermediate Accounting, 13th Canadian Edition
Weygandt Managerial Accounting, 6th Canadian Edition
Farmer Cost Accounting, 1st Edition
Savage Accounting Information Systems, 1st Edition