Monday, 19 November 2012

Alberta Oil finally shipped to Eastern Canada...!?


EXTRA EXTRA READ ALL ABOUT IT!


http://www.cbc.ca/news/business/story/2012/11/17/ns-oil-alberta-atlantic.html

At last, Canada's East Coast may not have to depend on the Middle East for most of it's oils. A Liberal MP from Nova Scotia recently, visited the oil sands in Alberta. The Liberal MP stated that accessing oil from foreign markets have presented difficulties. After seeing the abundance of oil in Alberta has given hope to the Eastern provinces of Canada. Not everyone believes that bringing oil to the East is a good idea, Halifax West MP Geoff Regan says there are environmental concerns involved with the export of oil to produce usable oil through pipes which would be shipped to Eastern provinces in Canada. Although there are many environmental concerns in Canada, the company officials do not expect environmental push backs on this idea due to the fact that it would greatly increase the economy.


So you may be wondering how this article relates to the International Business, this is related because Canada would start to produce and ship the oil within Canada instead of sending  it off to other countries. This will create more job opportunities and advancement in technology, in order to manufacture the oil and ship it to the Eastern parts of Canada. Canada's economy will grow and our dependence on other countries for oil will greatly decrease, especially with the Middle East where they depend on oil for trade and their government is corrupt. During the previous chapter we discussed about the abundance of these oil sands, would these oil sands last us until newer and cleaner energy are invented. In my opinion we should start using newer, cleaner and more efficient types of energy as opposed to depending on old forms of technology. In your opinion would you like to keep using old types of energy as opposed to newer and cleaner ones?


Cleaner energy!


Friday, 2 November 2012

Apple faces trouble in the world market

The Apple Inc. logo hangs inside the Apple Store in New York City's Grand Central Station. (MIKE SEGAR /REUTERS)
Though Apple may have made a lot of money on their iPhones, there are many problems they face. Apple's sales for the iPad has turned out to be surprisingly low, 14 million units have only been sold as opposed to 26.9 units sold for their iPhones. Research by the research firm Strategy Analytics states that 41% of the global shipments for tablets came from Google's Android operating systems (29% the previous year). Apple's iPad global exports throughout the world has dropped from 64% to 57%, so does this mean that Apple needs to step up it's game in order to increase its profits?

With all of the new competitions that Apple must face, the prices for previous models of their gadgets have been reduced whenever a new model comes out. With the reduction of the prices for these items, Apple has lost a lot of profit, their gross margin during the fourth quarter 40% down compared to previous years. In class we talked about the supply and demand of items, when the demand for the item is high but the quantity for that item is low the price increases but when the demand is low, the price is decreased. Apple shows this because the demand for the lower generations of their models are low therefore the price of these items decrease.

Don't worry Apple lovers, this competition won't harm you, in fact it is great because Apple must step up their game in order to attract money.... I mean your business. With that my opinion of Apple in the world of business is simply that they are currently one of the biggest technology based businesses and are one of the most popular.

http://www.theglobeandmail.com/globe-investor/apples-dominance-challenged/article4662062/