Business in Action, Online Magazine Supplement
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Business in Action, Online Magazine Supplement
This online magazine supplement is for Business in Action by Bovee and Thill, published by Pearson Prentice Hall. For further information about the exclusive, superior materials the authors have created for instructors and students, visit Teaching Introduction to Business at http://introtobusiness.businesscommunicationnetwork.com, and Real-Time Updates for Business in Action, http://real-timeupdates.com/bia8. To learn more about the book from the publisher, visit http://bit.ly/vviFCZ. To find your local Pearson Education sales representative, visit http://www.pearsonhighered.com/educator/replocator.
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A World Without Cash Is Looking Inevitable

A World Without Cash Is Looking Inevitable | Business in Action, Online Magazine Supplement | Scoop.it
Cash is going to go the way of the dinosaurs.
Bovee & Thill's Business in Action Online Magazine Supplement's insight:

 

"Physical currency is going extinct, according to Stratfor.

In a recent paper, the global forecaster said that the world is on a march to a cashless society and even if there are setbacks the endgame is inevitable."

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Financial Planners Share the Dumbest Things They've Ever Heard from Their Clients

Financial Planners Share the Dumbest Things They've Ever Heard from Their Clients | Business in Action, Online Magazine Supplement | Scoop.it

". . . we tapped financial planners across the country to share some of the most head-scratching one-liners they've heard clients say about their nest egg plans."


Photo credit - Rafiq Sarlie - Flickr

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Tutorial: Motivation

Motivation is that which activates a student’s behavior and gives it direction. Motivation can be either intrinsic or extrinsic.
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New Website for Introduction to Business Instructors

New Website for Introduction to Business Instructors | Business in Action, Online Magazine Supplement | Scoop.it

Bovee and Thill offer innovative ideas and resources for teaching introduction to business, so instructors can spend less time preparing and more time teaching. . .


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No One Pays Full Price Anymore — and It's Terrifying Companies

No One Pays Full Price Anymore — and It's Terrifying Companies | Business in Action, Online Magazine Supplement | Scoop.it

"Consumers just don't want to pay full price for anything anymore."


Photo courtesy of imagerymajestic - FreeDigitalPhotos.net

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7 Signs You Aren't as Good with Money as You Think You Are

7 Signs You Aren't as Good with Money as You Think You Are | Business in Action, Online Magazine Supplement | Scoop.it

"1. You don't know how much you earn or spend."


See the rest in the infographic at BusinessInsider.com.

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Barbara Corcoran on What It Takes to Get More Done Every Day

Barbara Corcoran on What It Takes to Get More Done Every Day | Business in Action, Online Magazine Supplement | Scoop.it
The 'Shark Tank' star shares her wisdom on the importance of working smart and protecting your time when you're trying to build a business.
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Pricing Experiments You Might Not Know, but Can Learn From

Pricing Experiments You Might Not Know, but Can Learn From | Business in Action, Online Magazine Supplement | Scoop.it

"Lots of entrepreneurs struggle with pricing. How much to charge? It's clear that the right price can make all the difference - too low and you miss out on profit; too high and you miss out on sales."


Author bio - Peep Laja (photo, left) is the founder of ConversionXL, a company that offers conversion optimization.

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4 Questions That'll Help You Decide If You Should Relocate for Work

4 Questions That'll Help You Decide If You Should Relocate for Work | Business in Action, Online Magazine Supplement | Scoop.it

"Of course, a major thing to consider when debating relocation is the actual job itself. But, what are some other questions you should you mull over before making the move? Here are four questions to ask yourself."


Author bio - Kat Boogaard "is a Midwest-based freelance writer, covering topics related to lifestyle, self-development, technology, health, and everything in between! In addition to writing for The Muse, she's also the Career Editor for The Everygirl and a Bustle contributor. 

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What It's Really Like to Pivot a Startup

What It's Really Like to Pivot a Startup | Business in Action, Online Magazine Supplement | Scoop.it

"Pivoting" says one startup head, 'sounds surgical, near-instant, and tidy. The actual experience is nothing like that.'"


Photo: DaveBleasdale - Flickr

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7 Successful Entrepreneurs on the Worst Advice They Ever Received

7 Successful Entrepreneurs on the Worst Advice They Ever Received | Business in Action, Online Magazine Supplement | Scoop.it
Not all advice is good advice.
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7 TED Talks You Should Watch If You Want to Be an Entrepreneur

7 TED Talks You Should Watch If You Want to Be an Entrepreneur | Business in Action, Online Magazine Supplement | Scoop.it
Take notes.
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Subway Made 2 Mistakes That Are Destroying Its Business

Subway Made 2 Mistakes That Are Destroying Its Business | Business in Action, Online Magazine Supplement | Scoop.it
Subway's sales are falling the most in the fast-food industry, and its expansion strategy has backfired.
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Teaching Introduction to Business: Visual Learning for a New Generation of Students

Do you struggle to get your students to read 700-page textbooks while you try to fit an ever-expanding array of topics into your limited class time? Bové
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20 Successful Entrepreneurs Share the Most Important Lesson They Learned in Their 20s

20 Successful Entrepreneurs Share the Most Important Lesson They Learned in Their 20s | Business in Action, Online Magazine Supplement | Scoop.it

"We asked entrepreneurs, including a few "Shark Tank" investors and the cofounders of popular retailer Warby Parker, to share the most important lesson they learned in their 20s."


"Here's what they said."

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People with This Personality Type Are More Likely to Become Entrepreneurs

People with This Personality Type Are More Likely to Become Entrepreneurs | Business in Action, Online Magazine Supplement | Scoop.it

"Science suggests there's one personality type that's more likely to ditch the corporate structure and work for themselves."

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20 Books the World's Most Successful People Read and Recommend

20 Books the World's Most Successful People Read and Recommend | Business in Action, Online Magazine Supplement | Scoop.it

"Ever wondered why there are so many common traits between great leaders?" asks Lily Herman at TheMuse.com. "It turns out a lot of them read the same books. But the great thing about books is that anyone can read them (including you!).Game-changers have one thing in common: They read certain books."


See the SlideShare presentation at TheMuse.com.

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Business in Action, 8th Edition

Business in Action, 8th Edition | Business in Action, Online Magazine Supplement | Scoop.it

If you face the challenge of preparing students for the challenges they’ll face in tomorrow’s tough and uncertain business environment, turn to the most efficient introduction to business textbook on the market.

 

Business in Action offers instructors and students a much-needed alternative to texts that are either overstuffed and overwhelming or so skimpy that they compromise essential coverage. With full 20-chapter coverage that is up to 20 percent shorter than other comprehensive texts, Business in Action sets the standard in high-productivity learning.

 

Each chapter is divided into six concise segments, each with its own Learning Objective. Each segment focuses on the most essential concepts and terminology to help students achieve that particular objective before moving on. The consistent structure simplifies course planning and class time allocation for instructors, and it helps students organize their reading, review, and test preparation.

 

This objective-driven structure is carried through to the test bank and the assessment and remediation tools on MyBizLab, making it easy for instructors and students to zero in on specific chapter content.

 

Each chapter segment concludes with a comprehensive Checkpoint that helps students review and reinforce what they’ve learned in manageable doses, rather than reviewing an entire chapter at once. With this approach, each learning objective is addressed as a mini-chapter within the chapter, which helps students absorb new concepts in small, carefully metered segments and get confirmation before moving on to the next segment.

 

Together, the six Checkpoints in a chapter also make an ideal test-prep tool for students: They can simply skim the Checkpoints in succession for a quick refresher on chapter concepts and key terms.

 

Every chapter in Business in Action is bookended with a Behind the Scenes vignette/case study pair that helps students grasp the principles covered in the chapter—and understand the importance of learning them.

 

The chapter-opening vignette introduces an entrepreneur or executive faced with a major strategic challenge and encourages students to imagine how they would address that challenge. The chapter-closing case study describes the strategic choices the company’s leaders made, including how they applied the concepts the student just learned in the chapter. Three critical thinking questions require students to apply the concepts covered in the text, and they can find out more about the company featured in the case by completing the Learn More Online exercise.

 

The sixth edition takes efficiency and student-friendly design to an entirely new level, with more than 150 exhibits that teach. These unique diagrams, infographics, and quick-reference tables address the challenge of getting students to read long passages of text by presenting vital concepts visually. More than 60 of these illustrations are all new in the sixth edition.

 

There’s no disguising the fact that introduction to business can be a challenging course to teach, not only for the extreme variety of topics that must be covered but for the difficulty of many of individual topics as well. Business in Action takes particular care with these topics, through both clear and concise writing and helpful visuals.

 

Visit the Business in Action page in the Pearson Catalog to order an examination copy of this text.

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Walmart's Entire Business Model Is Crumbling

Walmart's Entire Business Model Is Crumbling | Business in Action, Online Magazine Supplement | Scoop.it
As competitors like Costco, Aldi, Trader Joe's, and Family Dollar crowd the space, the idea of visiting a Walmart is less compelling to price-conscious consumers.


Author bio - Ashley Lutz (photo, left) is "Business Insider's retail editor. She previously covered specialty apparel and consumer companies for Bloomberg News."

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Why You Need a Mobile Hiring Strategy

Why You Need a Mobile Hiring Strategy | Business in Action, Online Magazine Supplement | Scoop.it
More job seekers are turning to mobile devices to find and apply for tech positions, but your job postings might get overlooked if they aren't optimized for smartphones.


Author bio - Sara K. White (photo, left) is a senior writer for CIO.com.

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Top 10 Marketing Trends You Need to Know

Top 10 Marketing Trends You Need to Know | Business in Action, Online Magazine Supplement | Scoop.it

Natalie Angulo-Rio (photo, left) gives the top ten over at MarketingDive.com.

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The 9 Worst Money Mistakes to Make in Your 20s

The 9 Worst Money Mistakes to Make in Your 20s | Business in Action, Online Magazine Supplement | Scoop.it
Here are nine money-management mistakes you might make in your 20s that could come back to haunt you.


Author bio - Kathleen Elkins is a graduate of Williams College. She covers personal finance for Business Insider

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The 7 Essential Elements of Effective Social Media Marketing

The 7 Essential Elements of Effective Social Media Marketing | Business in Action, Online Magazine Supplement | Scoop.it
Here are the seven essentials that will turn your social media marketing from an annoying time-waster to an effective bottom-line booster.


Author bio - Sonia Simone (photo, left) is co-founder and Chief Content Officer of Rainmaker Digital. She runs a podcast called Confessions of a Pink-Haired Marketer.

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The Weird Psychology of Returning Stuff to the Store

The Weird Psychology of Returning Stuff to the Store | Business in Action, Online Magazine Supplement | Scoop.it
The longer a store allows you to return something after purchasing, the less likely you are to ever actually return it.


Author bio - Melissa Dahl (photo, left) writes for NYMag.com.

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At Zappos, 210 Employees Decide to Leave Rather Than Work with ‘No Bosses’

At Zappos, 210 Employees Decide to Leave Rather Than Work with ‘No Bosses’ | Business in Action, Online Magazine Supplement | Scoop.it
About 14 percent of the company decided to take Zappos up on its offer to leave with severance if they didn't like the new approach.
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