Wednesday, February 29, 2012

In Response to Maggie

Maggie's Question: People think that the money they earn is all worth it at the end of the day, but is it really?? Why do people work at jobs they hate??


Maggie posed this question on her blog this week after writing an article about bosses taking advantage of their employees. I have been in the work force for the last six years and I have dealt with many different types of employers. Working is important, especially in our world, where the economy is a roller coaster ride and we never know when it will dip and jobs will be unavailable. I think that people who have a job need to keep that job until they find another one if they want to support themselves. I know that some jobs may make people unhappy, and if you are so unhappy that you are depressed all the time, then by all means, you should quit. But if you are just unhappy as in you don't like doing the menial tasks you do, you should hold onto your job and search for another at the same time. 



I think that the economy and the uneasiness about the job market is the reason people stay at the jobs they hate. They need to support themselves or their families and they feel like their unhappiness is worth the money they receive in order to do this. 

What do you think people who hate their jobs, but need to keep it, can do to improve their work experience? 

Apple's Market Value

Apple is well known for selling iPod's, iPad's and Macs. Recently, they have become well known in the marketing industry when their market value hit the $500 billion mark. Not many companies have ventured towards this mark and those who have reached it tend not to stay in the $500 billion range. Shares for Apple now cost $544.17, which is up 1.6% from its previous price.


Apple is one of only six U.S. companies that has reached this phenomenal milestone, alongside Exxon Mobil, now worth $411 billion, and Microsoft, their biggest competitor, now only worth $267 billion. Apple reached this bar because of their extreme sales and profits, and their worth is 15 times what their profit was last year. 


What do you think other companies, such as Microsoft, would need to do in order to compete with Apple?


Source: http://www.washingtonpost.com/business/technology/apple-market-value-hits-500-billion-where-few-have-gone-and-none-have-stayed/2012/02/29/gIQABzs8hR_story.html



Sunday, February 26, 2012

In Response to Johnson's Post

Questions: Should John smith sell the names? (Be sure to answer the poll to the left of this post.) Also, Does the AMA Statement of Ethics address this issue? Go to the AMA website (American Marketing Association) and look at their Statement of Ethics. What in the Statement relates to John Smith's dilemma?


 I do not think that John Smith should sell the names because that is going against the privacy of those who took the survey. The American Marketing Association addresses that companies need to foster trust with their consumers, and avoid discrepancies in the delivery of distribution. This means that if John Smith was to sell the names to the car dealer, he would be breaking the basic code of ethics that each company needs to follow. 


Though it will be hard for John Smith to have to lay off employees due to the lack of money, selling the names is not a good way to make money for the firm.


What ways do you think John Smith could raise money to keep his employees?