The Liuyang Fireworks Factory as an Investment Jerry Yu is an American born Chinese man with an MBA who runs a small family chain of businesses in New York. He is faced with a decision to invest in the Chinese fireworks industry. Jerry must assess the attractiveness of the fireworks industry along with the risks involved. Throughout this paper we will analyze the pros and cons of entering the market of Chinese fireworks. In our opinion‚ Jerry Yu should not invest in the Liuyang fireworks factory
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Chinese Fireworks Industry (Case Analysis) Strategic Management MGT 498 FA2013 John Cabot University Summary p.3 Introduction p.3 Industry Analysis p.5 -Environmental Analysis p.5 -Porter`s Five Forces model Analysis p.8 Assessment of the industry attractiveness p.10 Implementation
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Chinese Fireworks Industry Executive Summary An organization can only improve its functioning‚ if it makes itself aware of its weaknesses and then acts to correct those deficiencies. The purpose of this case is to help Jerry Yu asses how attractive the fireworks industry is and to aid in his decision-makings of investment. This case is also conducted to diagnose the key issues that the company needs to address and to suggest alternative courses of action or give recommendations. Jerry Yu is challenged
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report The Chinese fireworks industry has experienced significant change since China adopted "open door policy"‚ moreover‚ it has huge market share in the world’s fireworks market. But on the other hand‚ the Chinese fireworks industry also has fatal weaknesses. Therefore‚ whether to invest in this industry is still a considerable challenge to most investors. The objective of this report is to give some suggestions to Jerry Yu on his decision of the investment on Liuyang fireworks industry. Furthermore
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Physics of Fireworks. Have you ever wondered where those magnificent flashes in the sky came from? How are those huge booms of light working? What makes them change colors? What gives them all their shapes? Be prepared to have your mind completely blown; from monks warding off ancient sprits‚ to Caption John Smith having a party‚ to Queen Elizabeth’s ’Fire masters’. Fireworks have been the biggest‚ loudest‚ most well-known symbol of freedom and light for centuries. From the huge Willows that
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The Chinese Fireworks Industry Liuyang‚ a city in Hunan Province in China‚ is known as “the home of firecrackers and fireworks”. The fireworks making in Liuyang has a long history and tradition in China‚ and enjoys a high reputation in the domestic market. It was also the top fireworks exporter in the world‚ covering 60% of the global production. However‚ the fireworks market in China faced an intensified competition and several legal restrictions. Jerry Yu‚ who was running a small family-owned
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Chinese Fireworks Industry- revised Date October 8th 2012 1. Issue identification： Jerry Yu is considering whether to invest in Liuyang fireworks factory‚ so he made an evaluation of the Chinese firework industry. Here is a brief identification of the issue: 1.1 History of fireworks: There is an old-line of the Chinese fireworks‚ which is tightly combined with varieties of celebrations and festivals in China. Especially‚ Liuyang is known as “the home of fireworks and firecrackers”
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The Chinese Fireworks Industry While the Liuyang fireworks industry dominated the worldwide industry‚ Jerry had to decide whether he should invest in the industry. If he did invest‚ what was the best way to capitalize on the potential that remained unexploited in this industry? He wondered whether he could apply the industry analysis framework he had studied in his MBA program. Facts: Total revenue increased in China from 2007 to 2009 by 36% Total revenue in Liuyang increased by almost 68% from 750k
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CHINESE FIREWORKS INDUSTRY Goals‚ Purpose and Significance of the Article To provide information regarding Fireworks Industry to investors that may help them in making decisions‚ shedding light on its tight market competition‚ production‚ safety‚ dispersal and previous market trends. Statement of the Article’s Research Problem While the Liuyang fireworks industry dominated the worldwide industry‚ Jerry had to decide whether he should invest in the one of the companies in the province. If he did
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Fireworks! Have you ever been to an aerial fireworks show at an amusement park‚ baseball game‚ Fourth of July celebration‚ or on New Year’s Eve and wondered about how all the impressive colors and sounds are produced? People everywhere enjoy the fantastic explosions and the brilliant light displays of fireworks. However‚ these spectacles are much more than just a form of entertainment. Each firework launched into the sky is a precisely formed assembly of chemicals and fuel‚ carefully calibrated
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