Why do we want to do business in China? The answer is simple. We are still in a recession‚ and our unemployment rate is high. We have to explore alterative market to make money. What makes China an attractive market? China is attractive because there is big money to be made. [pic] Figure 1 Comparing Population of US and China in Millions China is the second largest economy in the world (Barboza‚ 2010) with 1.3 billion in population. That is more than four times the
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diaIndia vs. China: Whose Economy Is Better? In the inevitable comparisons that economists and businesspeople make between Asia’s two rising giants‚ China and India‚ China nearly always comes out on top. The Chinese economy historically outpaces India’s by just about every measure. China’s fast-acting government implements new policies with blinding speed‚ making India’s fractured political system appear sluggish and chaotic. Beijing’s shiny new airport and wide freeways are models of modern development
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Economics in China Before the Chinese Communists Party (CCP) came to China to gain the power control of the country‚ the economics of China was mainly based on agriculture for many centuries. The economy of China could not be separated from Mao. Mao was the chairman of CCP in China from the year 1943 to 1976. Mao was calles as Chairman Mao or The Great Leader Chairman Mao. During the Mao period‚ most of the Chinese citizens were poor people except for the political elite people in China. During the
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popular in Japan‚ it had no business outside the country. There was a huge demand of Japanese lacquerware in America. But it was not being satisfied due to the fact that Japan’s government did not allow its companies to invest outside the country. Now‚ the dilemma occurs to Mr. Nakamura when he received offers from two different American companies. He has to decide whether he wants to expand his business or chuck both the offers. Also‚ if he wants to go ahead with this business expansion‚ he needs to
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related to money. I have been taught and influenced that money is a valuable resource such that my personality trait will be that of a diligent‚ hardworking person who spends cautiously. I work hard and achieve success at work; I continue to go to business school because the influences from the past impact my values and beliefs in the ability to perform successfully at work. However‚ Prof. Christensen is right that this is not the way to measure your success especially when your life draws to a close
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Corporate Business Structures Mary Cervantes FIN 571 March 23‚ 2015 Nicole Landry Corporate Business Structures When determining the optimal business structure‚ several factors must be taking into consideration‚ such as the location of the business or work performed‚ any regulatory agencies or rules that apply to the business‚ and the structure of the ownership. Once those items have ben determined‚ the overall business structure can be selected to provide the most benefit. There are
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Business Structure Advice Name University of Phoenix FIN/571 J. Woods December 4‚ 2013 Business Structure Advice Dear John Owner‚ Our consulting office received your letter in quest of advice on how to establish a business and develop a business plan. The Name Consulting Company will work hard to create a plan to advice your company on how to form a business‚ whether or not to take on partners as well as other options. Our team will assist with the establishment of your new
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Business Structure AdviceFIN/571Business Structure AdviceDear John Owen‚ My name is _____________‚ I will be your consultant and provide brief answers for each of your questions. Here is a list of useful tips for starting a business: First‚ you need to be clear about why you want to start a business. Determine the type of business and business structure you want to start (sole proprietorship‚ partnership‚ corporation‚ or (LLC) Limited Liability Company). Create a business plan that covers what
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Elements of national power A common approach to power particularly associated with the ranking of states within a hierarchy‚ has been to identify the capacities that states or other actors use to exert influence. In this view‚ the key elements of national power include military strength‚ economic development‚ population‚ and geography. Military strength refers to the way that one nation has the ability to protect it own territory and people from external aggression and to pursue its interests abroad
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different retailers and thus sell them to the customers. They are mainly into the retailing business where the UK region is their domestic market setup holding a larger market share. It has a range of the products and the services for the right customers at the right time. It has provides a motto of better shopping trip among the customers and thus making a significant difference n their shopping structure when the customers enter the stores. Sainsbury: The Sainsbury mainly concentrates on the development
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