...anchor the plant's No. 1 reactor to its concrete base had broken and six others had cracked. Taipower recently applied to resume operations of the No. 1 reactor after replacing some parts and carrying out other safety checks. But the environmental groups said the cracks in the bolts indicated deterioration of the nuclear power plant's structure, operating systems, parts and components. Allowing continued operation of the aging plant would jeopardize public safety. At a recent public hearing on the matter, Tsuei Su-hsin, secretary-general of Green Citizen Action's Alliance, said the decision to resume operations was not transparent. Forecasts for slow growth in China, worries over Greece bailout take toll on markets HONG KONG--World stock markets sank Tuesday over worries about slower economic growth in China and a possible snag in the deal for Greece to get its bailout money. In early European trading, Germany's DAX was down 0.4 percent at 6,835 and the CAC-40 in France fell 0.4 percent to 3,473.81. The FTSE 100 index of leading British shares lost 0.3 percent to 5,857.35. U.S. stocks were poised to fall. Dow futures were down 0.3 percent at 12,915. Broader S&P 500 futures were down 0.4 percent at 1,358.70. Asian stock markets also slid, as mainland Chinese shares saw their biggest loss in almost a month a day after Premier Wen...
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...The bilateral relations between the Islamic Republic of Pakistan and the People's Republic of Bangladesh are influenced by the fact that Bangladesh was a part of Pakistan from 1947 to 1971, when it achieved independence after the Bangladesh Liberation War and the Indo-Pakistani War of 1971. As part of historical Shimla Agreement, India sought to make sure that Pakistan would take steps to recognize Bangladesh. Pakistan sought China's help in blocking Bangladesh's entry into United Nations until 1974. Behind the scene India rallied behind Bangladesh to help gain international recognition. By end of March 1973, approximately 99 countries had recognized Bangladesh.[1] Pakistan eventually recognised Bangladesh in 1974. History Liberation war and independence After the partition of British Indian Empire by the United Kingdom in 1947, Bangladesh was integrated in Pakistan which was known as East Bengal until 1955 and thereafter as East-Pakistan following the One Unit program. Bilateral relations between the two wings grew strained over the lack of official recognition for the Bengali language, democracy, regional autonomy, disparity between the two wings, ethnic discrimination, and the central government's weak and inefficient relief efforts after the 1970 Bhola cyclone, which had affected millions in East Pakistan. These grievances led to several political agitations in East Bengal and ultimately a fight for full independence. In March 1971, the Pakistan Armed Forces began...
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...Wall Street Journal Project List of Articles * Deal Trips Up Caterpillar in China * Shell Plans to Boost Exploration Budget * Nasdaq Faces Facebook Fine * SEC Freezes A Swiss Account Over Heinz Trades * Payroll Tax Whacks Spending * Fed Sticks to Script, Bank Goes Off * Advisers Help Decide When to Fire an Accountant * China Audits Demand Hong Kong Rigor * FASB Proposes to Amend Guidance on Discontinued Operations * Regulators Close Banks in Kentucky, Florida Deal Trips Up Caterpillar in China Tuesday, January 22nd, 2013 Last June, Caterpillar Inc. paid $700 million for ERA Mining Machinery Ltd. Ever since the purchase last June, Caterpillar hasn’t been doing so well in China. ERA’s value could be written down “by $580 million, blaming “deliberate, multiyear, coordinated accounting misconduct” that was designed to overstate profit at the unit before the deal.” If Caterpillar doesn’t end up doing well in China then it risks losing it’s higher ranking among other construction machinery. Caterpillar still has a few plans to try before giving in easily. Shell Plans to Boost Exploration Budget Friday, February 1st, 2013 Shell and many other oil companies, are planning on expanding the funding for exploration this year. The oil industry is a competitive market and all companies are constantly thriving to become on top. In order to replace declining oil reserves, Shell, and other oil companies are needing to use more of their...
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...including democracy| | |and totalitarianism, incorporate the ideologies into political structures. There are fewer and fewer purely collectivist or| | |socialist societies, although totalitarianism still exists in several countries and regions. Many countries are | | |experiencing transitions from more socialist to democratic systems, reflecting related trends discussed in Chapter 1 toward| | |more market-oriented economic systems. | |2. |PRESENT an overview of the legal and regulatory environment in which MNCs operate worldwide, and highlight differences in | | |approach to different legal and regulatory issues in different jurisdictions. | | | | | |The current legal and regulatory environment is both complex and confusing. There are many different laws and regulations | | |to which MNCs doing...
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...internet companies such as Facebook? Now, more and more people use social media to connect with their friends and family. Facebook could be the most popular one used by many people from all over the world. Up until 2013, Facebook got up to 1.06 billion monthly active users and 680 million mobile users (Smith, 2013). In terms of internationalization, Facebook successfully launched to the whole world and nowadays, almost all the countries are using Facebook even some poorer country from Africa (Facebook Statistics by Countries, 2013). The company successfully launched to almost all countries because it puts a lot of attention to the differences between each country has so it has succeed in terms of internationalization. First, new features could attract more people to join Facebook since the website is used by people from all over the world and this gives the company opportunity to have the free advertisement from one place to another. For example, in the year of 2013, Facebook just introduces a free call application for their the United States iPhone users and this could attract more people to join Facebook and get them connected to the rest of the world (Hamburger, 2013). From here, we might think this is good only for attracting more users from the United States, but it could attract more people from the rest of the world. Suppose, one person from the United States never had a Facebook before and he now know this free call feature of Facebook and find it is quite a...
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...Objectives 9 Current Long Term Objectives 10 Current Strategy 10 Advertising and Representative Value Proposition (“RVP”) 10 Product Line Simplification(PLS) 10 Strategic Sourcing Initiative 10 Enterprise Resource Planning System 11 Zero-Overhead-Growth 11 Restructuring Initiatives 11 SWOT Analysis 13 Strengths 13 Weaknesses 15 Opportunities 17 Threats 22 FINANCIAL INFORMATION 23 SUMMARY OF RECOMMENDATIONS 25 Technology and Social Media 25 Focusing on International Growth- the BRIC Countries 27 Brazil 28 Recommendations for Brazil 33 Russia 34 Recommandations for Russia 40 India 41 Recommendations for India 46 China 47 Recommendations for China 53 Conclusion ………….…………………………………………………………………………………….54 REFERENCES 55 AVON- A GLOBAL COMPANY FOR WOMEN EXECUTIVE SUMMARY/ABSTRACT Avon is a powerhouse in the beauty industry with over $10 Billion in sales and claims its stake as being the largest direct seller in the world. After performing extensive research on the company using multiple online tools, journals, articles and texts, we have collected enough evidence to make recommendations as to how Avon can continue its global expansion while still maintaining long and short term company objectives and staying within core...
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...Objectives 9 Current Long Term Objectives 10 Current Strategy 10 Advertising and Representative Value Proposition (“RVP”) 10 Product Line Simplification(PLS) 10 Strategic Sourcing Initiative 10 Enterprise Resource Planning System 11 Zero-Overhead-Growth 11 Restructuring Initiatives 11 SWOT Analysis 13 Strengths 13 Weaknesses 15 Opportunities 17 Threats 22 FINANCIAL INFORMATION 23 SUMMARY OF RECOMMENDATIONS 25 Technology and Social Media 25 Focusing on International Growth- the BRIC Countries 27 Brazil 28 Recommendations for Brazil 33 Russia 34 Recommandations for Russia 40 India 41 Recommendations for India 46 China 47 Recommendations for China 53 Conclusion ………….…………………………………………………………………………………….54 REFERENCES 55 AVON- A GLOBAL COMPANY FOR WOMEN EXECUTIVE SUMMARY/ABSTRACT Avon is a powerhouse in the beauty industry with over $10 Billion in sales and claims its stake as being the largest direct seller in the world. After performing extensive research on the company using multiple online tools, journals, articles and texts, we have collected enough evidence to make recommendations as to how Avon can continue its global expansion while still maintaining long and short term company objectives and staying within core competencies. We believe Avon can and should expand strategically into each...
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...Objectives 9 Current Long Term Objectives 10 Current Strategy 10 Advertising and Representative Value Proposition (“RVP”) 10 Product Line Simplification(PLS) 10 Strategic Sourcing Initiative 10 Enterprise Resource Planning System 11 Zero-Overhead-Growth 11 Restructuring Initiatives 11 SWOT Analysis 13 Strengths 13 Weaknesses 15 Opportunities 17 Threats 22 FINANCIAL INFORMATION 23 SUMMARY OF RECOMMENDATIONS 25 Technology and Social Media 25 Focusing on International Growth- the BRIC Countries 27 Brazil 28 Recommendations for Brazil 33 Russia 34 Recommandations for Russia 40 India 41 Recommendations for India 46 China 47 Recommendations for China 53 Conclusion ………….…………………………………………………………………………………….54 REFERENCES 55 AVON- A GLOBAL COMPANY FOR WOMEN EXECUTIVE SUMMARY/ABSTRACT Avon is a powerhouse in the beauty industry with over $10 Billion in sales and claims its stake as being the largest direct seller in the world. After performing extensive research on the company using multiple online tools, journals, articles and texts, we have collected enough evidence to make recommendations as to how Avon can continue its global expansion while still maintaining long and short term company objectives and staying within core...
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...We Goggled You Case Study Abstract The CEO of the luxury apparel retailer Hathaway Jones, Fred Westen is planning to expand to China market. He needs someone with the skill sets needed to make it a successful. Fred’s old friend’s daughter Mimi Brewster wants to be part of the move, she believes with her Chinese background and her experience in the field, she would be the right candidate for the job. However, the vice president of human resources, Virginia Flanders found some compromising posting on the internet when she goggled to search information about Mimi Brewster that can jeopardize their plans in china. Fred does not know if hiring Mimi Brewster is the right step to take or not. He believes Mimi is the right person to be on board with them. He thinks internet posting of more than eight years ago is not something to really take serious and at the same time fears that the china plan might fail because of Mimi’s posting on the internet. We Goggled You Problem The CEO of Hathaway Jones, Fred Westen is under pressure to or not to hire an applicant, Mimi Brewster for the new branch to be opened in china due to her compromising posting on the internet found by Virginia Flanders, the vice president of human resources. Assumptions * Virginia Flanders does not want Fred to hire Mimi because of the internet posting. * Mimi Brewster did not think her past internet...
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...has some negative effects, such as increasing income inequality between the poor and the rich, its positive effects outweigh the costs. Therefore, globalization improves countries’ economic growth, people’s standard of living, and information technology. Many people believe that the concept of globalization was caused by the liberation of markets after the post-war monetary agreements, such as the Breton Woods System. However, globalization has already been in practice for centuries all over the world. These agreements accelerated globalization because they helped to open new markets in different countries, and reduced trade barriers through the General Agreement on Tariffs and Trade (GATT). Some archeologists found evidence of trade between the Roman Empire and Sri Lanka, and some coastal areas of Vietnam (James, 2010). Also, in China, international trade was practiced during the Western Han dynasty (206 BCE - 9CE) with the establishment of the “Silk Road.” Their ships reached as far as the African coast. Moreover, during the sixteenth and seventeenth centuries, commerce and cultural encounters among different countries were common (What is Globalization? 2014)....
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...also has a tradition to hold a mega annual music dance event, ZoukOut, successfully attracting attendees from all over the world since 2000. Currently, Zouk™ only has one expansion outside of Singapore, located in Kuala Lumpur, Malaysia. The fast emerging economy in China makes it a highly opportunistic and viable country for Zouk™ to expand into. China is a highly populous country with a positively progressive economy. This report will have a detailed macro analysis of China, delving deeper in Shanghai. China is actively reviewing and introducing policies to improve on their economy. The Open Door policy and the ‘Third Plenum’ are policies that are advantageous for foreign companies. These policies encourage trade between China and the world, and have greatly contributed to the boost in the economy. However, investors have to ensure that they abide strictly by the Provisions on the Alteration of Foreign-Invested Enterprises before they can invest itself in China. In addition, investors should still tread carefully on the governance in China due to the high corruption. Partners will have to be chosen carefully and wisely to ensure the smooth operations in China. Being the World’s fastest growing economy, China is enjoying a robust economic...
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...Globalization Linnie New PHL/220 Critical Thinking and Decision Making PHL/320 January 26, 2015 Carolyn Smith Globalization Losing your job is not a good feeling for anyone. In today’s economy, you may ask yourself the question, Am I next on the list? Losing high paying jobs to other countries seems like a rough deal. On the other hand, economic globalization has brought people from all over the world together. The Internet has changed the business environment and has enables corporations to improve their competitive horizons and boost productivity. Globalization is the exploration for retailers to sell products and services at the maximum price and the exploration for gaining products and services at the minimum price. China has materialized in the globalization paradox in terms of drawing employment for its citizens and drawing foreign assets. If the nationwide economy loses high-paying jobs, who is going to purchase all the goods and services made in the economy and preserve high living requirements? Globalization Wealth and Poverty (1, Premise) Globalization is the cause of many of the sufferings of modern world today, but that would not be the case if the (1, Conclusion) appropriate complementary policies and institutions are in place. At the same time, globalization is celebrated for bringing remarkable success, growth and wealth in the US and Internationally. People used to be stable on their jobs but today we live in constant fear of losing our...
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... theory of Network 15 October 2013 The Silk Road: Past and Present Huang 1 Starting from the 2nd century BC, to the end of the 14th century AD, a great trade route stretched from Chang'An in the East and ended at the Mediterranean at Antioch in the West, linking China and the Roman Empire. Ferdinand von Richthofen – a well-‐known German geographer, named it the Silk Road in 1877. The Silk Road has been one of the most important trade routes since the connection between Europe and Asia was established; however, what are the differences between its past and present forms? How can we compare today’s trade network with the ancient one? What makes the new network possible and how can we make it better today? There are some similarities between the old and the new; something was preserved through ...
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...leader, a great motivator, an intelligent marketer, and above all, a great visionary. In this business, he started as an ordinary man by building websites for Chinese companies with the help of friends in the US, and in 1995, he founded China’s Yellow pages, widely believed to be China’s first Internet-based company. From 1998 to 1999, he then became the head of an information technology company established by “China Electronic Commerce Center”. In 1999, he founded Alibaba which presently has over 79 million members – hundreds of millions of users and merchants. Businesses using ALIBABA are counted by the millions, from more than 240 countries and territories. In September 2014, the world has witnessed what has become the largest listing in the U.S. history of the stock market. This company has raised $25 billion for its IPO (Initial Public Offering), overtaking VISA’s $19.7 billion 2008 IPO. How did the company board of Directors manage to do that? It is worth noting that in 1992, Jack Ma, the CEO and founder of this company, then an English teacher in Hangzhou, China, needed to borrow $4,000 to start his first business: a “Translation Agency”, but he could not find the money. Today, he’s worth $21 billion. Let’s look at the facts. History Alibaba Group Holding Ltd. founded by Chung Tsai...
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...The internet was once seen as a medium that diminished social capital (Kraut et al, 1998). Now it is seen as a way that maintains social contact (Wellman et al, 2001). In the article Opening Closed Regimes, the writers wondered whether Mohammed Bouazizi believed he would play such a role in releasing a wave of protest for democracy in the Arab world. His story of stepping in front of a civic building in Tunisia and setting himself on fire in protest of the government was one of many that were retold on social networking sites in ways that stirred protesters to organise protests and criticise their governments. (Howard et al, 2011). Residents of the Arab nations used social media to help inform Western news teams about events on the ground. Social networking helped put a human face on political power and became a causation of the Arab Spring. Of the online tools, social networking sites have experienced the most prolific growth (Diffley et al, 2011). People spend hours connecting to others on social networks (McGrath, 2010). This evolution of social networking could not escape the corporations’ attentions, which are in constant search for new instruments meant to help them increase their market shares (Chis and Talpos, 2011). Studies by Forrester research show that spending on social networking will increase from $455 million in 2008 to $3.1billion in 2014, a 335% increase (Horovitz, 2009). Based on the above, my paper will focus on how social networking has become an indispensable...
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