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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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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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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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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decision-making is very centralized‚ communication is vertical and tasks are rigidly defined. This is shown in Tyler’s management style. He makes his managers run the organization with strict control‚ or as he phase it‚ a “tight ship.” The president (Tyler) does what he wants because all the decision-making power is in his hand (centralized). Acme has a very detailed organization charts and job descriptions. This is because Tyler believes that everyone should have clear responsibilities and narrowly
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The Paradoxical Twins: Acme and Omega Electronics1 Part I In 1984 Copitronics of Cleveland‚ Ohio was purchased by Global Xerograph (GX)‚ a global manufacturer of copying machines. GX had no interest in the electronics components division of Copitronics. The two manufacturing plants that produced electronic components for copiers and other devices were sold. One plant‚ located in western Pennsylvania‚ was purchased by former Copitronics managers and renamed Acme Electronics. Most of the plant personnel
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1.0 Executive Summary Acme Consulting is a consulting company specializing in marketing of high-technology products in international markets. Its expertise is the marketing of personal computers and market research‚ all in international markets. 2.0 Situation Analysis Acme Consulting offers high-level expertise in international high-tech business development‚ channel development‚ distribution strategies‚ and marketing of high-tech products. It focuses on providing two kinds of international
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Shopping Cart FIREWORKS UNIVERSITY : HISTORY OF FIREWORKS Fireworks originated in China some 2‚000 years ago. The most prevalent legend has it that fireworks were discovered or invented by accident by a Chinese cook working in a field kitchen who happened to mix charcoal‚ sulphur and saltpeter (all commonly found in the kitchen in those days). The mixture burned and when compressed in an enclosure (a bamboo tube)‚ the mixture exploded. Some sources say that the discovery of fireworks occurred about
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A firework is an incendiary device or material that can be used for signalling or entertainment. There are chemicals in the top of the firework that explode‚ which makes the colours seen. Fireworks‚ first originated in ancient China‚ with the first explosive being created from a mixture of black powder during the Sung dynasty. The firework was created by a combination of sulfur‚ saltpeter and charcoal. The Chinese found that the combination of these ingredients was very flammable and would blow up
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A firework is an incendiary device or material that can be used forsignalling orentertainment. There are chemicals located in the nose ofthe rocket that explode‚ producing the colours seen. The art of fireworks‚ first originated in ancient China‚ with thefirst explosive being made from a mixture of black powder during theSung dynasty. It is believed that the explosive mixture was created bya combination of sulfur‚ saltpeter and charcoal. The Chinese foundthat the combination of these ingredients
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