Benefits and Costs of Investing in China Essay

In terms of economic performance, China has been performing impressively compared to its neighbouring countries in Asia and can compete at par with top developed countries like United States and United Kingdom in terms of volume of trade and sources of competitive advantages. Likewise, due to its large population sixe and high disposable income of every Chinese household due to its impressive economic development for the past years, China offers great potential market to many multinational companies seeking for large number of customers. This will provide multinational companies high sales and profit from operating in China. Alongside with the influx of foreign direct investment in China, Chinese share of trade on their GDP continuous to increase every year as multinational firms increases the international trading transactions of China to the rest of the world. Furthermore, due to China’s large population, it has been able to offer cheaper laborers and large potential market which are both attractive to foreign investors leading to the improvement of their foreign direct investments for the past years since the late 1990’s. Without this component, it is impossible for China to attain its present state and achievements. Since 1999, the GDP growth rate of China has been performing impressively as foreign direct investments stabilized major economic indicators, specifically the trade balance and domestic consumption, which are vital in determining the overall performance of a given economy. This only suggests that China can offer high return on investments to investors in the next coming years as China’s GDP growth rate continuous to increase every year. Due to the effort of the Chinese government to attract more foreign investors into their market, it has been extensively supporting the development of its communication infrastructure by providing subsidies to telephone companies. This would soon boost the business activities all over the domestic market of China. Costs Compared to communication infrastructure, physical infrastructure of China seems to develop at a slower rate thereby could impede for the fast growth of foreign investments in China. Though the Chinese government is also on the process of improving their facilities in this area, but, overall it is still lower compared to the development of their communication facilities as mentioned above. On the communist government, one of the primary factors that scare foreign investors in putting their capitals in China due to rampant corruption and insufficient laws that would protect the interest of foreign investors. Â  Add to this the weak economic freedom, which could draw potential investors away of China if the situation continues to exist in the next coming years. Per capita GDP in urban areas are undeniably high but considering the conditions of those households from the rural areas, overall, per capita GDP of China is not in good condition as wealth distribution is still skewed towards to the households in the urban areas. Â  Another cost or disadvantage in the Chinese economy is the high inflation rate which has been one of the economic problems of China that it presently faces due to its fast-paced economic growth. This could pose either as beneficial or detrimental to foreign investors depending on the type of product they will sell in the Chinese market and the size of their operation in China. In terms of infrastructure, most of the major waterways of China are on the process of gradual formation as the Chinese government wants to utilize its waterways efficiently specially the river systems in the mainland. The Chinese government is still on the process of developing its roads and highways especially those roads that would connect different provinces to major cities. It would still take a few more years before this physical infrastructure will be fully developed. References: Bodde, Derk. Introduction. Chinese Thought, Society, and Science : The Intellectual and Social Background of Science and Technology in Pre-modern China. Honolulu University of Hawaii Press, 1991. pp 3-4. Qiang, Christine Zhen-Wei. China’s Information Revolution : Managing the Economic and Social Transformation. Herndon, VA, USA: World Bank, The, 2007. p 2.

Swot Analysis of Safaricom

mplemented effectively, have the greatest impact. Regardless of the scope of your marketing plan, you must keep in mind that it is a fluid document. Every business needs to begin with a well structured plan that is based in thorough research, competitive positioning and attainable outcomes. Your plan should be the basis for your activities over the coming months. However, you should always be willing to enhance or redirect your plan based on what proves successful. Marketing Plan Basics 1. Market Research Collect, organize, and write down data about the market that is currently buying the product(s) or service(s) you will sell.Some areas to consider: * Market dynamics, patterns including seasonality * Customers – demographics, market segment, target markets, needs, buying decisions * Product – what's out there now, what's the competition offering * Current sales in the industry * Benchmarks in the industry * Suppliers – vendors that you will need to rely on 2. Ta rget Market Find niche or target markets for your product and describe them. Ads by Google Choose Gmail Free Email by Google Switch to Gmail, Sign up now! Mail. Google. com Construction Projects Construction & Infrastructure Projects, Sample the Service Now BusinessMonitor. com/AfricaSWOT Analysis Tool Get a free 30 day trial of Mindjet and create SWOT Analysis easily. www. Mindjet. com Be Brilliant @ EMarketing Over 50 eMarketing Tools.. SAVE over 25% -Nairobi Training www. dolphinsgroup. co. ke 3. Product Describe your product. How does your product relate to the market? What does your market need, what do they currently use, what do they need above and beyond current use? 4. Competition Describe your competition. Develop your â€Å"unique selling proposition. † What makes you stand apart from your competition? What is your competition doing about branding? 5. Mission Statement Write a few sentences that state: â€Å"Key market† – who you're selling to * †Å"Contribution† – what you're selling * â€Å"Distinction† – your unique selling proposition 6. Market Strategies Write down the marketing and promotion strategies that you want to use or at least consider using. Strategies to consider: * Networking – go where your market is * Direct marketing – sales letters, brochures, flyers * Advertising – print media, directories * Training programs – to increase awareness * Write articles, give advice, become known as an expert * Direct/personal selling * Publicity/press releases * Trade shows * Web site 7. Pricing, Positioning and BrandingFrom the information you've collected, establish strategies for determining the price of your product, where your product will be positioned in the market and how you will achieve brand awareness. 8. Budget Budget your dollars. What strategies can you afford? What can you do in house, what do you need to outsource. 9. Marketing Goals Establish quantifiab le marketing goals. This means goals that you can turn into numbers. For instance, your goals might be to gain at least 30 new clients or to sell 10 products per week, or to increase your income by 30% this year. Your goals might include sales, profits, or customer's satisfaction. 0. Monitor Your Results Test and analyze. Identify the strategies that are working. * Survey customers * Track sales, leads, visitors to your web site, percent of sales to impressions Related ArticlesSample Marketing PlanMarket Plan Worksheet| | By researching your markets, your competition, and determining your unique positioning, you are in a much better position to promote and sell your product or service. By establishing goals for your marketing campaign, you can better understand whether or not your efforts are generating results through ongoing review and evaluation of results.As mentioned earlier in this article, be sure to use your plan as a living document. Successful marketers continually review the status of their campaigns against their set objectives. This ensures ongoing improvements to your marketing initiatives and helps with future planning. mplemented effectively, have the greatest impact. Regardless of the scope of your marketing plan, you must keep in mind that it is a fluid document. Every business needs to begin with a well structured plan that is based in thorough research, competitive positioning and attainable outcomes. Your plan should be the basis for your activities over the coming months.However, you should always be willing to enhance or redirect your plan based on what proves successful. Marketing Plan Basics 1. Market Research Collect, organize, and write down data about the market that is currently buying the product(s) or service(s) you will sell. Some areas to consider: * Market dynamics, patterns including seasonality * Customers – demographics, market segment, target markets, needs, buying decisions * Product – what's out there now, what's the competition offering * Current sales in the industry * Benchmarks in the industry * Suppliers – vendors that you will need to rely on . Target Market Find niche or target markets for your product and describe them. Ads by Google Choose Gmail Free Email by Google Switch to Gmail, Sign up now! Mail. Google. com Construction Projects Construction & Infrastructure Projects, Sample the Service Now BusinessMonitor. com/Africa SWOT Analysis Tool Get a free 30 day trial of Mindjet and create SWOT Analysis easily. www. Mindjet. com Be Brilliant @ EMarketing Over 50 eMarketing Tools.. SAVE over 25% -Nairobi Training www. dolphinsgroup. co. ke 3. Product Describe your product. How does your product relate to the market?What does your market need, what do they currently use, what do they need above and beyond current use? 4. Competition Describe your competition. Develop your â€Å"unique selling proposition. † What makes you stand apart from your competition? What is y our competition doing about branding? 5. Mission Statement Write a few sentences that state: * â€Å"Key market† – who you're selling to * â€Å"Contribution† – what you're selling * â€Å"Distinction† – your unique selling proposition 6. Market Strategies Write down the marketing and promotion strategies that you want to use or at least consider using.Strategies to consider: * Networking – go where your market is * Direct marketing – sales letters, brochures, flyers * Advertising – print media, directories * Training programs – to increase awareness * Write articles, give advice, become known as an expert * Direct/personal selling * Publicity/press releases * Trade shows * Web site 7. Pricing, Positioning and Branding From the information you've collected, establish strategies for determining the price of your product, where your product will be positioned in the market and how you will achieve brand awareness. 8 . Budget Budget your dollars. What strategies can you afford?What can you do in house, what do you need to outsource. 9. Marketing Goals Establish quantifiable marketing goals. This means goals that you can turn into numbers. For instance, your goals might be to gain at least 30 new clients or to sell 10 products per week, or to increase your income by 30% this year. Your goals might include sales, profits, or customer's satisfaction. 10. Monitor Your Results Test and analyze. Identify the strategies that are working. * Survey customers * Track sales, leads, visitors to your web site, percent of sales to impressions Related ArticlesSample Marketing PlanMarket Plan Worksheet| |By researching your markets, your competition, and determining your unique positioning, you are in a much better position to promote and sell your product or service. By establishing goals for your marketing campaign, you can better understand whether or not your efforts are generating results through ongoing r eview and evaluation of results. As mentioned earlier in this article, be sure to use your plan as a living document. Successful marketers continually review the status of their campaigns against their set objectives. This ensures ongoing improvements to your marketing initiatives and helps with future planning.

Difference between peer reviewed journal article and a research report Essay

Difference between peer reviewed journal article and a research report of an organization - Essay Example However, the academic standards of a peer-reviewed journal are higher and more sophisticated than those of other organizations. â€Å"Generally journals of this nature do not have illustrations and use black print on white paper† (Hensley, 2012) whereas organizational research reports employ the use of other colors also. Writing of peer-reviewed journal articles is more meaningful, self-explanatory, brief, clearer, and free of phrases and idioms whereas organizational reports are less particular about these things. Overall, journal article writing is more formal than other research reports. There are a number of reasons for these differences of standards. Firstly, the viewership of a journal article is much wider and larger than that of a research report of an organization, which imparts the need for writing to be precise and clear. Secondly, the definite layout makes it convenient for peer-reviewers to evaluate a journal article by passing it through the official editorial process (usa-document.com, n.d.), while peer-reviewing may not be required for ordinary research reports of other

A Report from a meeting on the 4see model Essay

A Report from a meeting on the 4see model - Essay Example Representatives present †¢ Simon Roberts-Director Foresight Innovation and Incubation Group, Arup. †¢ Nigel Goddard a Director in School of Informatics at the University of Edinburgh †¢ Colin Axon - A Senior Researcher at School of Engineering and Design in Brunel University, Uxbridge, †¢ Barney Foran - Institute of Land Water and Society, Charles Strut University †¢ Benjamin Warr-Director of Environmental Services and Senior Environmental Scientist, GeoQuest Ltd, Modeling paradigm Mr. Goddard took the attendees through the modeling paradigm of the 4see model. He informed members that it differs from other macroeconomic modeling methods. It expresses constraints between components of the macro economy as equations which describe how they affect each other, and then uses iterative time-stepped simulation to evolve the model of the system forward in time. A key principle in 4see modeling is handling of distinctly different classes of flows. The full 4see- GB mo del of the UK economy includes ten distinct flows which are distinguished by having differing characteristics and being non-substitutable to each other in the short term. (Roberts) Modeling principles Mr. Goddard further went on to explain that the approach to creating the model follows a simple principle: that supply follows demand but is constrained in the short term by physical infrastructure or the inputs needed for output. There were concerns on the deterministic approach and corrective approach. Mr. Goddard went on to say that deterministic approach controls the need for inputs. Where as reconciliation between demands on the right and supply of the distinct separate flows is by the corrective approach. Finally, most of the final demand in the model is...The 4see model also identified process flows. The variables of major interest, such as flows of goods and services, were not modeled as stocks and flows in the system dynamics sense, but were assumed to be consumed in the same time-period in which they were produced - there is no modeling of inventory. In system dynamics terms, they we considered being auxiliary variables. The identified fixed capital stocks in the economy with the system dynamics stock concept. This was a reflection of the categorical difference in 4seemodels between fixed capital stocks and other types of stocks such as inventories.(Roberts).We presented a macro-economic modeling framework based on deterministic and corrective approaches that enabled us to reproduce the historical data with a small number of exogenous parameters. The model was grounded in standard national macroeconomic data that conformed to international conventions of data-holding and duration.

Importance and Impact of Communication Essay Example | Topics and Well Written Essays - 500 words

Importance and Impact of Communication - Essay Example The management is more often caught in improving the quality of healthcare provided and the recruitment and scheduling of staff to invest in the optimal resource utilization of the existing staff. In its annual survey of top issues confronting hospital CEOs, the American College of Healthcare Executives (ACHE) identified communication between the medical staff and the management as the third most important issue of concern in 2007. It is interesting to note that physician – hospital relations held the second spot in the previous year but has since been overtaken by concerns over medical insurance. The above table gives the percentage wise importance assigned to various specific issues within the general personnel – management communication spectrum that required attention. The issues can in most cases be extended to include other members of the healthcare systems. The staff in most hospitals represent a vast talent pool but they are never expected to undertake any activity that is beyond their assigned roles. Recently, efforts have been undertaken by many institutions to develop leadership abilities in their employees. While best practices in strategic diversity leadership and cultural competence in patient care have been identified through evidence-based research, the linkages between best practices and organizational and patient outcomes have not. This knowledge gap is consequential not only because of changing demographics, but because of the unique diversity imperatives in healthcare: the under-representation of women and minorities in leadership and professional p ositions; persistent racial disparities in health and healthcare; and overall quality issues that increase the cost of healthcare and risk patients lives. To summarize, there exists a growing need for the management to be more supportive and understanding to the personal requirements of the personnel and to assist

Art history response paper Essay Example | Topics and Well Written Essays - 500 words - 2

Art history response paper - Essay Example However, he showed little school interest and preferred to copy paintings where his drawing and painting career developed. He is among the greatest all-time living artists in the western tradition. Michelangelo’s impact was immediate achieving a level of influence and fame that could not be precedent. Despite making a few forays beyond art, Michelangelo versatility in the disciplines that he took was of very high order as is often considered a title contender of the archetypal Renaissance man. He mastered a number poetry, media, painting and architecture and considered himself to be a sculptor foremost. His talent was almost immediately recognized as evidenced by bibliographies that we written in his own lifetime. His biography was written and published when he was alive and become the first artist for such a thing to happen. At an  age of 74  years  he  took over from  Antonio the Younger as an architecture at St. Basilica. He transformed the plan, and the western end being finished to his design. In his lifetime, he was referred to as the divine one. One of the qualities that were admired by his contemporaries was his sense of inspiring grandeur to the next group of upcoming artists. He impassioned a highly personal style of art that led in Mannerism that was the next art movement after the High Renaissance. He lived for almost ninety years and at the time he worked for seven popes, witnessed Counter-Reformation and Reformation and saw the widespread utilization of the printing press leading the discovery of America. From Michelangelo historical life, he can be considered as an icon hero in art. Despite being born from a poor family and background, he was able to rise against all odds to be a great influence in the art industry, thus he believed that he was the best and can make it despite the challenges he faced. From his virtues, he was a patient man and was able to develop sculpture, architects

Similarities and Differences Between Nazi Germany and Soviet Union Essay

Similarities and Differences Between Nazi Germany and Soviet Union Poster Propaganda in the Twentieth Century - Essay Example Both the Soviet Union and Germany used propaganda posters to incite their citizens to support the cause of their nations during World War II. In comparing their posters, it is clear that the use of fear was one way in which to incite an emotional response towards the causes that the posters represented. The Soviet Union defined their enemy as outside of the nation, while the Nazis created internal threats through providing images that placed Jewish people in a context with invented threats to diminish their humanity. Differences are also evident in the styles and methods with which the posters were created. Through an examination of Soviet and Nazi propaganda posters of World War II, the styles of the work and the identification of threats can be contrasted for differences and similarities. Jowett and O’Donnell write that â€Å"there was little appreciation of the specific social and political conditions that had made World War I propaganda so effective† (228). The natu re of propaganda is to influence, but in order to create effective influence, the imagery and text had to connect to the social conscious of the viewers. An example of a poster that did not connect to the social conscious that was considered brilliant for its intentions and artistry, but was declined by the Soviet Union government was that of El Lissitzky’s â€Å"Beat the Whites with the Red Wedge† (1919) (see Figure 1). ... Figure 1 Beat the Whites with the Red Wedge (1919) El Lissitzky (Wikipedia) Socialist realism existed â€Å"with its reliance on simple classical styles and photographically accurate forms in a modern context, its demand of realism, its glorification of socialist ideals and achievements, and its anticipation of a utopian communist society† (Frucht 260). The active campaign to produce posters that reflected the desires of the government in order to align the views of the people was done through the TASS studio which adapted the style of the ROSTA posters which were stenciled. Different from the traditions of the ROSTA posters, however, was the desire to create fine art while creating important cultural messages. Where the ROSTA used iconic images that were generally graphic, The TASS studio employed the use of realist paintings as models for the work (Zegers, Druick and Akinsha np). As shown in the work of Figure 2 The Motherland will Never Forget the Heroic Deeds of its  Son s (1947) Viktor Koretsky (David Winter Bell Gallery) Viktor Koretsky, the warmth of the colors and the power of the imagery evoke the national emotions towards their sons and to a pride based in their sacrifices as they give of themselves to a belief system (David Winter Bell Gallery). The posters provide a reason for the losses that they were experiencing, placing meaning with what they have given (see Figure 2). The works were bold with their use of color and just as bold in their use of fear that asserted the concept of killing Germans with a sense of pride and national presence As exampled in the work Death to the German Murderers, the works revealed a sense