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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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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Introduction Whether it be the 4th of July‚ a day at Disneyland‚ or Chinese New Year‚ fireworks can be used to appeal to people of all ages‚ genders‚ and races. These low explosive pyrotechnic devices are primarily used for aesthetic or entertainment purposes. Fireworks come in various forms‚ including sparklers‚ firecrackers‚ basic fireworks‚ and ariel or display fireworks. Those who watch firework displays find that those can be broken into smaller categories by four primary effects. These effects
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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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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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musician can see her husband. 2. Zhou Yu was a famous general of Wu of the Three Kingdoms of China 1700 years ago. He was a famous militarist and strategist at that time and assisted Sun Ce. He assisted Sun Quan in managing overall military and political affairs while Zhang Zao managed the domestic affairs. The famous Battle of Red Cliffs followed wherein Zhou Yu was the supreme commander of the force in order to defeat Cao Cao. Given the general position‚ Zhou Yu fought against Cao Cao’s army and won
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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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Chemistry of Fireworks The sights and sounds of each explosion are the result of several chemical reactions – oxidations and reductions – taking place within the firework as it ascends into the sky. Oxidizers produce the oxygen gas required to burn the mixture of reducing agents and to excite the atoms of the light-emitting compounds. Various oxidizers are used in both the black powder and the stars. The most commonly used oxidizers are nitrates‚ chlorates‚ and perchlorates
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FIREWORK Do you ever feel like a plastic bag Drifting through the wind‚ wanting to start again? Do you ever feel‚ feel so paper thin Like a house of cards‚ one blow from caving in? Do you ever feel already buried deep? Six feet under screams but no one seems to hear a thing Do you know that there’s still a chance for you ’Cause there’s a spark in you? You just gotta ignite the light and let it shine Just own the night like the 4th of July ’Cause baby‚ you’re a firework Come on‚
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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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