QUESTION 1: Why do you that it is so important to cultivate guanxi and guanxiwang in China? ANSWER 1: Guanxi literally means relationships‚ although in business settings in can better be understood as “connections.” The concept of guanxi is deeply rooted in Chinese culture and Confucianism. The Chinese will often cultivate a guanxiwang‚ or “relationship network‚” for help. In China‚ there is a tacit acknowledgement that if you have the right guanxi‚ legal rules can be broken or bent. Mintz made
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Tang Dynasty The Tang Dynasty was founded in 618 by the Li family who took power after the assignation of the Sui dynasty emperor. The Tang Dynasty is the most influential empire of China’s civilization. During this time‚ China achieved the peak of its civilization and became the center of trade in the east. The emperors of Tang have imposed a strong foundation on their government as the leaders were according to education and merits. The study of medicine is one of the highest contributions of
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International Business Plan KELLOGG Co. Breakfast Cereal Shanghai‚ China Mark Ibarra- 100780001 Ruoshen Liang- 100797198 Teja Ricalis- 100750022 NgocSuong Tran- 100686541 GuoJun Yang- 100670261 George Brown College International Business- MGMT1018 Anu Harder TABLE OF CONTENTS Section Page Number Executive Summary 3 Research Plan 5 Relevance‚ Reliability and Currency of Data Collected 6 Market
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2010 [Type text] Emerging Company Finance FNCE 480 - Final Frank Kurupacheril [TRENDSETTER’S TWO ROADS] Trendsetter‚ Inc – a warehouse and distribution solution software company for clothing retailers is faced with the usual dilemma. They are running out of seed money that the founders contributed. Now they have received two term sheets from prospective VC’s. The ball is in the founders’ court who have to choose one after weighing pros and the cons. Contents Introduction .
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Banc One Case Analysis Case Summary Banc One has a problem with the alignment of two of its important strategies: (1) rapidly acquiring profitable banks and (2) sustaining high returns while mitigating interest rate risk. Banc One has been very successful in acquiring banks‚ and much of this is done through the sale/transfer of Banc One’s stock. This strategy relies heavily on Banc One’s ability to maintain a high stock price. The second
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Port of Shanghai Port of Shanghai is an important port in China as well as in the whole world. The port is located in Shanghai‚ on the mouth of the Yangtze River in east central China off the East Sea. It is the busiest port in the world‚ the gateway in Asia for foreign trade‚ China’s largest comprehensive port and transport hub for Yangtze River region that handles or trans-ships goods from other 31 provinces within China. In 2012‚ its cargo throughput reached 502 million metric tons‚ and container
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The Tang Dynasty lasted for nearly 300 years‚ beginning in 618 A.D.‚ China was reunited‚ and ending in 907 A.D. Their emperor Li Yuan‚ who later became emperor of Gaozu‚ had a son named Tang Taizong. Tang Taizong helped form the Dynasty into the largest‚ richest‚ and most centralized government of that time. Tang Taizong’s reign as emperor‚ lasted from 627 A.D to 649 A.D. He formed a very strong central government and perfected the civil service examination. He greatly promoted foreign trade and
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1. How would you evaluate the capital budgeting method used historically by AES? What’s good and bad about it? Historically‚ the AES capital budgeting method primarily used the following assumptions: • All nonrecourse debt was regarded as good • Dividend cash flow were considered equally risky • Project was evaluated by the equity discount rate for the dividends from the project • A 12% discount rate was applied to all projects. The historical method is quite simplistic
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Executive summary The Ford Ka cannot be marketed to a specific demographic segment‚ as defined by traditional variables such as income‚ age‚ or marital status. Willingness to purchase the Ka was for the most part not dependent on membership in these traditional segments. Alternatively‚ we propose Ford develop a campaign toward a certain segment defined by attitudinal and psychographic variables. We plan to target this segment with tailored advertising campaigns addressing their unique worldview‚
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Silic Case Report Title of case analysis: Case Silic Date: 2013/11/17 Summary: The Council of Ministers of the European Union approved regulation on applying IFRS for all companies‚ so Silic‚ a France-based investment property company‚ also faces the substantial impact on their accounting standards‚ needs to choose between historical-cost or fair-value accounting to report its investment properties according to IAS 40. Silic was a major and historical player on the French commercial-property
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