Tech splits U.S. Workforce

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, within the technology industry a small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance. Questions: What is responsible for this great divide in the U.S. workforce at places like Intel’s $7 billion plant in Arizona? Why are start-up… Read more »

Be Afraid, be very afraid!

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Unilever is paying $1 billion for Dollar Shave Club, a five-year-old start-up that sells razors and other personal products for men. Questions: 1. Why does the author of this article say that all companies should be very afraid of this deal? 2. After Michael Dubin’s YouTube ad premiered, what happened in terms of orders and… Read more »

Credit Card Chips

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Did you ever wonder why so many retailers have chip-readable machines for credit cards, but tell you to swipe your card anyway? This article explains this frustrating issue for retailers. Questions: 1. Merchants have spent incredible amounts of money to get new chip-reading machines, so what is the reason for not using them? 2. Since… Read more »

The Age of the Employee-less Company

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During most of the 20th century, companies bringing in the most money also employed the most people. This article looks at a new paper from the Brookings Institute about the new age of ghost companies. Questions: 1. The article mentions Walnart as one of the five largest companies in 2012 that had 100,000 people employed… Read more »

Got App?

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Yahoo is looking to the future by targeting young entrepreneurs with enterprising apps. Yahoo announced Monday, March 22, that it planned to acquire mobile news reader Summly, which was the brainchild of 17-year-old Nick D’Aloisio. Yahoo plans to pay D’Aloisio a reported $30 million and he will become Yahoo’s youngest employee. Questions: 1. When Swartz’s… Read more »

Costs versus Benefits of a Marketing Campaign

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Is it April Fool’s Day, yet? No, this really happened! The international marketing agency of BBH Labs recently outfitted 13 volunteer homeless shelter individuals as “human wireless transmitters” at the South by Southwest technology conference in Austin, Texas. The company provided the individuals with the devices, business cards and T-shirts listing their names followed by… Read more »