This is a current awareness blog for business & management students at Middlesex University.
Monday, 19 December 2016
Streaming places music industry on the road to recovery
Thanks to music streaming The US music industry is on track for a second consecutive year of growth for the first time since the late 1990s, before piracy and the internet corroded sales.
The growth in streaming has tipped analysts at Macquarie to predict global recorded music revenues will double in the next decade, reaching $30bn by 2025.
Opportunities and challenges for expatriate workers
Alicia Clegg looks at the challenges faced by professionals returning to their home country after completing international assignments.
Monday, 31 October 2016
Is the Uber boom over?
A UK court this week ruled that Uber is in fact an employer - a decision which Uber is determined to appeal against, and clearly isn't happy with, given the ramifications of such a decision. At the minute, Uber is not globally recognised as having employees, but rather as having self-employed contractors - the difference of course being Uber's responsibilities and the workers' rights under Employment Law (as noted here in the FT).
The important part of this decision is that UK Employment Law allows a middle ground between the disputed terms, having ruled that the Uber drivers are 'workers' rather than employees or contractors. This seems like a fairly good model, straddling the line between the drivers' protections and freedoms, giving them some benefits but not limiting the flexibility which attracted so many to the role. The big question is will the ruling stand, and if so, will countries around the world follow the UK example? And if the ruling does stand, will this negatively impact on users?
The important part of this decision is that UK Employment Law allows a middle ground between the disputed terms, having ruled that the Uber drivers are 'workers' rather than employees or contractors. This seems like a fairly good model, straddling the line between the drivers' protections and freedoms, giving them some benefits but not limiting the flexibility which attracted so many to the role. The big question is will the ruling stand, and if so, will countries around the world follow the UK example? And if the ruling does stand, will this negatively impact on users?
Thursday, 13 October 2016
Marmite divides opinions once again...
Now that Theresa May has given a definite date for triggering Article 50, the pound has once again dropped in value. While this doesn't necessarily affect many of us immediately (unless you're planning on going on holiday soon), the news that Tesco is currently in dispute with Unilever over proposals to raise prices is something we can all find relevant. Quite apart from the possibility of Marmite becoming hard to get hold of (I'm definitely on the love it side of the debate), there are other staples such as Ben&Jerry's and, for you students, Pot Noodles at risk.
As the FT asks, what does this mean for us as consumers? And is this a smart marketing strategy on Tesco's part? They certainly appear to be fighting for their customers (although no details have been released by either company). If it is indeed a calculated move to garner positive public opinion, then hats off to them - anyone who fights for my Marmite has my vote!
As the FT asks, what does this mean for us as consumers? And is this a smart marketing strategy on Tesco's part? They certainly appear to be fighting for their customers (although no details have been released by either company). If it is indeed a calculated move to garner positive public opinion, then hats off to them - anyone who fights for my Marmite has my vote!
Monday, 26 September 2016
How to fix culture clashes in global teams
Alicia Clegg looks at examples in which the challenges to effective cross-cultural communication were identified.
Monday, 19 September 2016
Has Twitter lost its wings?
Twitter has been struggling for some time now to adequately define itself in the social media sphere and set itself up as a real contender for market share. There doesn't appear to be a concerted marketing strategy which has led to a stagnation in user numbers and confusion over its usage, which means that Twitter is struggling to clearly define its market share. Can it compete with successful rivals such as Facebook and Snapchat, or as The Economist argues, has it let its chance fly by?
Thursday, 15 September 2016
Multinational businesses grow faster than emerging national economies
In a recent survey of the top 200 economic entities, many of the smaller emerging economies have been replaced by corporations.
The slowdown of the Chinese economy has reduced the growth of many nations from Africa, Asia and South America, while large corporations continue to grow rapidly.
The survey compiled Global Justice Now an anti-poverty charity reports that the 10 biggest corporations – including Walmart, Apple and Shell – make more money than most countries in the world combined.
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