Ajaya Tachajanta 2011 General Electric Medical Systems‚ 2002 Overview GEMS is the world’s leading manufacturer of diagnostic imaging equipment and part of Milwaukee-based GE. It is the leader in MR and CT imaging in all regions. According to Immelt’s strategy‚ GEMS evolves from taking joint-venture and acquisition as the first step where business’s size is matter. Secondly‚ Global Product Company (GPC) concept is introduced aiming at cutting cost by shifting the manufacturing activities from high-cost
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Current Medical Care in China With the development of the economy‚ Chinese government continually tried to conduct the reform and innovation of the health and medical care system to improve the quality of the population. Health and Medical Care System To achieve the goal of universal coverage‚ the Chinese government carries out lots of strategies and measures which can be summarized as “four beams and eight pillars” (Si Liang Ba Zhu). The “four beams” includes public health care‚
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China M.D. China was one of the first countries to have a medical culture. Compared to that of Western medicine‚ the Chinese method takes a far different approach. With a history of 5‚000 years it has transformed into a deep and immense knowledge of medical science‚ diagnostic methods‚ theory‚ prescriptions and cures. Chinese medicine is mostly derived from nature‚ instead of being invented. According to many history statistics‚ the earliest medicine was discovered in the age of Emperor Huangdi
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Case Brief No. 1 – General Electric Medical Systems‚ 2002 1. What is the underlying logic behind the global product idea? What are the costs and benefits that are expected? GPC’s logic is to concentrate manufacturing and ultimately other activities – wherever in the world to keep the same standards across the boards. Benefit – Maintain the quality and reputation of the product globally - Existing similar operation model to implement in different regions Cost - Major internal and
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The politics of the People’s Republic of China take place in a framework of a single-party socialist republic. The leadership of the Communist Party is stated in the Constitution of the People’s Republic of China. State power within the People’s Republic of China (PRC) is exercised through the Communist Party of China‚ the Central People’s Government and their provincial and local counterparts. Under the dual leadership system‚ each local Bureau or office is under the coequal authority of the local
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*when making the powerpoint: ^The first slide is title China with all our names ^For the introduction to the country‚ as in those in bullet points below‚ just put super simple keywords. We can just explain each (Add your answers na‚ follow what I did to the other questions.) ^The slides after that are the questions na‚ which must also be answered in super simply keywords. Again‚ we can just explain the concepts on the spot. Don’t forget to put the rating number and the answer that corresponds
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"Chinese and Indian Business Systems: Divergent in the midst of Global Trends " Associate Professor Richard Grainger Professor Samir Ranjan Chatterjee Curtin Business School Introduction It is clear that China and India‚ in terms of geography‚ population size and regional cultural influence‚ are currently the most important nations in Asia. Both have experienced consistently high economic growth rates over recent decades‚ a fact which is made all the more notable by the size of their respective
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Banking system in China 4 major banks: the Bank of China‚ the China Construction Bank‚ the Industrial and Commercial Bank of China and the Agricultural Bank of China. The People’s Bank of China (PBOC) is China’s central bank‚ which formulates and implements monetary policy. The PBOC maintains the banking sector’s payment‚ clearing and settlement systems‚ and manages official foreign exchange and gold reserves. It oversees the State Administration of Foreign Exchange (SAFE) for setting foreign-exchange
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Political System of China Fundamental principles of Constitution The People’s Republic of China is a socialist country led by the working class‚ based on the worker-peasant alliance and practicing people’s democratic centralism. The socialist system is the primary system in China. The Constitution The Constitution is the fundamental law of the state. It usually stipulates a country’s social system and basic principles of state system‚ the basic principles of activities and organizations
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In accounting literature‚ the notion of conservatism is to employ a less optimistic attitude towards handling accounting transactions or events when varied alternatives are present. The basic implication of the convention was traditionally to anticipate not profits but all losses. Therefore‚ a series of accounting procedures based on conservatism have been developed to account for provisional expenses and potential losses in accounting practice‚ such as allowances for doubtful accounts‚ reserves
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