What happened to supply and demand?

Posted by & filed under Accounting Principles, Student life.

Description:  The general rule is that if something is in demand, then the price goes up. But while employment is growing in both Canada and the United States, and shortages of workers could become a problem as the baby boomers move into retirement, wages have not been growing. Economists have offered a variety of explanations,… Read more »

Dumping Facebook

Posted by & filed under eCommerce, Student life.

Description:  In the light of the controversy surrounding Cambridge Analytics’ use of Facebook user data during the 2016 U.S. election, users are dumping Facebook in a #DeleteFacebook movement. One organization benefiting from the #DeleteFacebook trend is Mastadon. Mastadon – https://mastodon.social/about – is a decentralized social network, meaning its users, in effect, operate the network. And its code… Read more »

Bumping digital

Posted by & filed under Cost Accounting, Student life.

Description: For 2017,  the first time since 2011, combined sales of CDs and vinyl albums outpaced digital downloads of music. Meanwhile, music streaming services such as Spotify continue to grow, and in 2017 streaming accounted for roughly 2/3 of industry revenues. Vinyl, at only $400 million or so of an industry close to $9 billion,… Read more »

Challenging Starbucks

Posted by & filed under Student life, Sustainable Development.

Description: Two sixth-grade students from Calgary have gotten lots of attention for their online petition to encourage Starbucks to switch to fully-recyclable beverage cups. Mya Chau and Eve Helman have had over 300,000 signatures on their petition on Change.org. Environmental groups have supported the two young environmentalists by funding them to travel to the Starbucks annual… Read more »

Rogers, Bell raising rates

Posted by & filed under Marketing & Strategy, Student life.

Description: Rogers and Bell are raising rates.  This Monday, March 12, Rogers is cranking up the rates on most of its internet plans by $8 a month. Then, starting April 1, Bell will follow suit with increases up to $5 per month in certain areas. Needless to say, customers are not happy. Telus, the other large… Read more »

Millennials cut the cards

Posted by & filed under Student life.

Description: Millennials have been tagged with the disruptor term for their influence over such things shopping trends. The latest casualty in this trend may be the credit card. About only one third of millennials are holding credit cards. Some of this may be due to legislation impacting credit card recruiters on campus. Another influence may… Read more »

Get off that phone!

Posted by & filed under Corporate Strategy, Student life.

Description: A recent survey indicates that 28 % of Canadians spend two hours or more on their smartphones each day. The rate jumps to approximately 50% for users between 18 and 34. Investors and others are urging phone makers – like giants Apple and Samsung – to do more to address the subject of smartphone… Read more »

Canada Goose Down

Posted by & filed under Financial Accounting, Student life.

Description: The sales are up but the stock price is down. High-end winter coat supplier Canada Goose is continuing its sales success with some sizes and styles selling out, despite sticker prices upwards of $1,500. This success is driving sales and profits upwards. But this past Thursday the Canada goose stock dropped 15%. Perhaps even… Read more »

A $5 million comma

Posted by & filed under Financial Accounting, Student life.

Description: Drivers at Oakhurst Dairy in the State of Maine are happy about a missing comma. Oakhurst Dairy has agreed to pay the drivers $5 million in overtime pay to settle a dispute over whether or not the dairy industry was exempt from the overtime provisions of a State law. Drivers had claimed the placement… Read more »