Wednesday, November 18, 2009

Business Reflection Activity

The MotoPlex
Strengths:
What we do well is we know how to run a motorcycle business and we know alot about motorcycles. We know how to run our business better than anyone else. Our unique resources that we can draw on would be like from other businesses where we seen what they did wrong and try to make sure we dont do the same thing. things others see as our strengths would be that we dont show our weaknesses and show the the things that might have went wrong.
Weaknesses:
We should avoid the things that the other businesses have done wrong so we dont do the same thing. People in our company are likely to see that we probably done something wrong that was the same thing another company did wrong or something. Factors that could lose our sale would be we may not have a positive attiude or we yell at the people or something like that. We could say some things smart that will make the people want to leave.
Opportunities:
Good opportunities for us would be that we run a good business and have a successful business and to make it in life without our business failing. and to be always on the alert for when new techonlogy comes out so we can be able to use if needed and to know if some changes were made to the goverment policy for our company so we wont make the mistake of doing something wrong that we could get alot of introuble for.

Threats:
Some obstacles that we could face would be that we dont get enough business and we wont have enough money to pay our workers. We should worry about that the other business could take all our costomers so we would fail. Changing techonlogy couldn't threaten our company. We don't have bad credit that we know of. Some of our weaknesses could probably threaten our business but all our company has to do is make sure that our weaknesses doesn't harm our business and also try our hardest to make it where we dont have any weaknesses.

Thursday, October 29, 2009

The Presuaders

1. What in "The Persuaders" surprised you? Name one new thing you learned about marketing or politics from watching the film. Name one new thing you learned about yourself from watching the film.

What surprised me was that how much people actually buy the stuff that other people are advertising i mean most of the stuff people dont need if you dont need it than dont buy it but if you do need it than i guess you should buy one thing i learned about politics was that the taxes rise the more the people buy stuff they dont need thats why people are always broke cuz they buy things they do not need they just thought it looked cool and since it was latest things they just had to get it or whatever



2. "The Persuaders" begins by questioning the increase in the amount of advertising we typically encounter in our daily lives. How would you assess the amount of advertising you see? Too much? Too little? Just right? In your view. what difference does it make to know that people today see much more advertising in their daily lives than people 20 or 30 years ago?

i see too much advertising now a days. people are just out to get money so they start selling things people dont need and make there posters or commercials really good where people would want to buy there items. well 20 or 30 years ago there wasn't very many people watching T.V. or on the computer now people are always watching T.V. and on the computer and there are more billboards now than there was back than






3.What surprised you in the descriptions of how much demagraphic information marketers have about potential customers? What kinds of information would you be willing to share about yourself or your family in order to: enter a contest? get a discount? Get online? get a cell phone? Use a credit card? Would you be willing to reveal your name, address, and phone number? What music you listen to or your favorite snacks? The grades on your last report card? How much your parents earn? What medications people in your family take? What kinds of information would you want to keep private and why?

i would keep my last name address phone number and SSN private because there are like bad people out there who would want to kill you or something and if you give out your address or phone number or SSN out then those kind of people could find you and nobody would want that to happen it would depend on what imformation the people are asking for if i was getting a cell phone i would rather just go to the phone store cuz i dont trust the online thing it could be a trap or something and i wouldnt get a credit card at all cuz it puts people in bankrupt or people are always broke cuz they have to pay that credit card bill.






4. In "The Persuaders," marketer Kevin Roberts uses the term "lovemarks" to identify brands to which people are loyal even when devotion is not logical. Are there brands (or music) to which you are devoted? When you stop to think about it, is your loyalty to any particular brand logical or a "lovemark"? If purchasing a particular brand isn't logical, why would you (or other people) do it?







5.Douglas Rushkoff asks, "What happens when advertisers assume the roles of our writers, journalists, and entertainers?" How would you answer him?
well advertisers take the roles of these people so they can make there items go further in business and they can make more money writers journalists and entertainers put there storys on T.V. or in the newspaper and everybody watches T.V. and most everybody reads the newspaper so if there ads on tv or in the newspaper than people are goin to read it than the peole who is sellin that item is going to make alot more money





6. Adverstising excecutive Douglas Atkins agrues that purchasing branded merchandise now provides that same sense of belonging that was once provided by community institutions like schools, churches, civic groups, or fraternal orders. What provides you with a sense of belonging or identity? What role, if any, does marketing play in what you identify with or where you hang out the most?

marketing doesnt effect anywhere i hang out where i hang out is becuase i wouldnt to hang out there not because of anything else


7. Political consultant Frank Luntz tells his clients that, "80 percent of our life is emotion and only 20 percent is intellect. I am much more interested in how you feel than how you think." Contrast this with Thomas Jefferson's notion that democracy requires an "informed citzenry." What is the potential impact of Luntz's political strategy recommendations on the health of democracy?









8. Rushkoff says that political strategist Frank Luntz" has built his career on a simple idea: It doesn't matter what you want to tell the public, it's about what they want to hear." Do you think the phrases that Luntz develops to "sell" political positions help clarify the issue or mislead voters?







9. Douglas Rushkoff asks, " What does it mean when we begin to merge our once seperate roles as consumers and citzens?" How would you answer Rushkoff's question? Given that the U.S. economy is based on consumer spending, is i patriotic to shop?







10. "The Persuaders" points out that there are laws governing truth in advertising for products and services, but that "politicians can legally say whatever they want." Should political ads be governed by the same kinds of laws that govern product ads? Why do you think there aren't such laws?

Tuesday, October 6, 2009

Is walmart good for america?

1. What did you know about Wal-mart before viewing the documentary?
I just knew that Wal-mart has low prices and a bunch of people like shopping there amd there is a whole bunch of Wal-marts across the United States.




2. Do you know anyone that works at Wal-mart? If so, how would you characterize their experiences?
No i dont know anybody who works for Wal-mart.



3. What most surprised you about the film?
Nothing really surprised me. The film is not really a shocker




4. Do you think the strategies that Wal-mart is using are fair? Why or why not?
Well i dont know if i think they are fair because i really dont care about there strategies. i mean no matter what i will still shop at Wal-mart even if i have watched this film



5. What new kinds of jobs might be created as a result of outsourcing? What jobs might be eliminated?
the new kinds of jobs would be like all the other jobs other than wal-mart and the jobs that would be eliminated would be the jobs that is about to be out of business soon because of wal-mart i guess




6. Who gainss the most from Wal-mart's price policies? Why?
the people who work for wal-mart gain the most from Wal-mart's price policies because of how many people buy from Wal-mart the more people buy the more the people who work for Wal-mart get paid or the owner of Wal-mart rise the business




7. Has the documentary influenced how or where you will shop? Explain.
No, i will still shop at Wal-mart because i'm already used to shopping there so its too late to change my habit now




8. Who has benefited from Wal-mart? In what ways? WHo has not benefited from Wal-mart? In what ways?
The other business have not benefited from Wal-mart becaause wal-mart is like takin all there business and the people who shop at wal-mart have benefited from wal-mart because the low prices save money and stuff



9. How should Wal-mart balance the needs for worker benefits, low prices for consumers and high profits for shareholders?
Well Wal-mart can just keep doing what there doing their doing just fine the way they have been doing things

Sunday, October 4, 2009

Can i afford retirement?

1. In 1974, 89 percent of contributions to retirement plans came from businesses, while 11 percent came from workers. In 2000 the percentages had changed. What percentage of retirement contributions came rom businesses in 2000? What percentage came from workers? Why did the percentages change?






2. What happens if people's planning for retirment does not provide enough income?



people get other jobs to survive and stuff and pay off bills like there house payments or rent or like water and other bills like that







3.When a business enters bankruptcy(Chapter 11), which gets paid first -- workers' pensions or debts owed to banks? Why is this the case?










4. According to the film, are people with high incomes or people with low incomes more successful in investing their retirement incomes? What are the implications of this finding?



people with high incomes are more successful in investing their retirement incomes
because the people with the higher income get more money after they retire and the people with less income make less money cuz they don't make enough to start saving money for their retirement






5. Many people's retirement plans last seven to eight years after they stop working. But studies show that peole live up to 17 to 18 years after retirment. What options are there for people in the United States who out live their savings?



Some people options would be to probably get another job to help out with bills and stuff so they can still live there lives and not live out on the streets because they ran out of thei savings i guess it would be easier to get another job thats the only reason i can think of or they live off their S.S thing cuz they dont have an more of their savings






6. What factors do you think might keep people from saving enough money for retirement?



Probably from things they read where they thought they didnt have to save much much and the money they saved will grow over the years but it barely grew so they ran out of money faster so than they were thinking to themselves that they should have saved more money anyways no matter what they read or because they wait to long to start saving money for retirement and since they do that they run out of money faster

Friday, October 2, 2009

Can i afford retirement?

1. What do you think retirment means?
Retirement is something that old do when they get to old to work or smething like that
2. From what sources do people get income when they retire?
people get there sources from the S.S.
3. Who pays for the health insurance of retired people?
The goverment or the business that the retired people were working at are the people who pay the retired people
4. Who should be responsible for planning for retirement? What roles should individuals, business, and the govermant play in planning?
i think the poeple who are retired should be able to plan there retirement or somebody in the family to help the retired person out the goverment businesses should just help out if like the retired person has a ? or the other person who is doing it has a ?

Wednesday, September 16, 2009

Secret history of the credit card

1. What do you know about credit cards? How do they work?
Credit cards are something that help people sometimes and put people in bankrupty cuz certain people just want to spend more and more money on things they dont really need. people get all this stuff just to make themselves look cool i guess. The way credit cards work is the company send people letters in the mail trying to conveive them to get the cards so that way the company can get more and more money and put people in danger of losing everything they have cuz if you have a credit card it will make you lose a bunch of money just trying to pay it off and than you will start to lose everything you have


2. How many credit cards would you think that the average person uses? Why do you think people have more than one credit card?
I think the average person uses about 5 to 10 credit cards if not more. People have more than one credit card cuz so that way if they run out of money on one credit card they have all the others to use more and more money.


3. What information in the documentary most surprised you?
Nothing really surprised me i already knew credit card companies' was screwing people over cuz thats all they want to do and i already knew most of the stuff thats in these vidoes but most of it i didnt know but nothing in the vidoes surprised me I just dosent shock me


4. Do you think the government should have a role in regulating both who can get credit cards and what interest and fees consumers should pay? If so, who should be the regulators? Who would benefit from such regulation? Who would lose? Explain.











5. How, according to the four "normal consumers" in the documentary, does owning a credit card or credit cards affect purchasing decisions?











6. Who loses and gains the most from credit card companies' policies? Explain.
The credit card companies' gain the most and the people who own the credit cards lose the most and the people who own the credit cards lose the most because when the people who own the cards buy so much stuff where they can't pay off bills makes them have to pay more money on the bills so it makes the credit card companies' gain more money or gain more of anything pretty much


7. Has the documentary influenced how you might use credit cards in the furture? Explain.
Yes, because i don't want a credit card i don't want to lose everything i have just because of a credit card that i couldn't pay off or something like that.


8. Law professor Elizabeth Warren noted that families se credit cards to bridge the gap between what they earn and what they spend. What factors can lead to their inability to make required payments?

Thursday, August 27, 2009

Things that cause the housing market to drop in stock prices and loans are because were building too many houses and people arent buyin them as much as we should so that means the people who were payin the other people too build all these houses are losing money cuz we arent buyin the houses but before the people build these houses certain people have to pay those people who build the houses first and than the people who payed them get there money back by the people who are buyin theses houses through banks and stuff the federal government took over fannie mae and freddie mac because they needed more money to get thee company back to date i guess the gorvernment give AIG money because there a better company than the lehman brothers company i dont know the rationale for the decisision the people made at the end of the film.