Links and Resources: Online Colleges’ “100 Best Blogs for International Business Students”

November 17, 2009
By Ken Worsley


Online Colleges recently published their list of the “100 Best Blogs for International Business Students.” I definitely recommend checking it out, though it might be a bit dangerous and time consuming if you have some actual work to do.

The majority of these blogs were new to me, though of course I recognized Claus Vistesen’s Alpha Sources and Edward Hugh’s Bonobo Land. And, yes, this blog made the list as well. It’s an honor to be named alongside some truly wonderful blogs.

Japanese government to collect used mobile phones in lottery campaign

November 11, 2009
By Ken Worsley


Earlier today, the Ministry of Economy, Trade and Industry announced that it plans to kickoff a campaign to collect used mobile phones from November 21. During the campaign, which is scheduled to last until February of next year, consumers will be able to turn in their used mobile handsets at about 1,800 locations, including shops run by Kojima, Bic Camera and Ito-Yokado.

When turning in their used handset, customers will receive a ticket allowing them to apply online for a chance to win a gift voucher. The government plans to give out 800 vouchers worth 50,000 yen, 8,000 vouchers valued at 5,000 yen, and 150,000 gift vouchers worth 1,000 yen.

Of course, the government is after the rare metals that lurk inside many unused handsets. Since I have a few unused handsets lying around, I wonder how much they’re actually worth in precious metals. I doubt it’s worth 50,000 yen, but what would be the odds of winning one of those 800 50,000 yen vouchers?

Ishihara: Tokyo to bid for 2020 Olympics

November 9, 2009
By Ken Worsley


Those who felt that Tokyo’s failed bid for the 2016 Summer Olympics was a colossal waste of $48 million are surely going to groan at today’s headline: Tokyo to bid for 2020 Summer Olympics: Gov Ishihara.

I wonder how this works now that the DPJ is in charge of the Tokyo Metropolitan Assembly. Do they have the power or desire to stand up to Ishihara?

McDonald’s betting on coffee for profit growth?

November 3, 2009
By Ken Worsley


On Monday, McDonald’s Japan reported that its pretax profit had jumped 25% in the January-September period compared to a year ago, despite a 10% drop in same-store sales, which can be explained by the conversion of many shops to franchises during this period. Overall sales were actually up 3.3%, again hitting an all-time high. Existing store sales were up 1.7% although the number of customers actually showed a 0.6% decline.

In an effort to get more customers in its shops, McDonald’s gave away free coffee on a few dates during the third quarter. Although the number of customers at existing stores showed a decline, this figure is also mitigated by the transformation of centrally owned shops to franchises. Read more