Firstly the development of TNC’s in countries. Tesco is a major TNC and in 2004, its first stores opened in China. This would bring lots of investment into China which would create many jobs, and access to new technology. Overall TNC’s would increase countries GDP. Also China is a NIC (newly industrialised country).
Lotus Rental Cars Executive Summary Introduction Lotus Rental Car’s Chief Financial Officer is looking for ways to increase profits and the consumer base by adding alternative fuel vehicles to the Lotus fleet. With fuel costs continuously rising, the need for alternative fuel vehicles is more attractive to consumers as a source of lower fuel prices. This appeal is not only to the regular rental car user but for the ecological minded occasional driver as well. Ecology and fuel efficiency are the cause for more people to start shopping for hybrid vehicles. Vehicle manufacturers are able to increase revenue with the sales of hybrids while increasing production to keep up with the demand.
A “switched on” country is widely connected economically, socially, physically and politically. Factors that affect this are natural resources, trading, culture, skilled labour force, languages spoken education and healthcare and its economy. China used to be a communist country, so there was a lot of State interference when involving what products to be bought and sold, in the 1990s, China’s economy became more Capitalist so products that are now bought and sold are based on what the population demand rather than what the government choose. The effect of this is that China’s links to other countries increase and global brand names become more well-known in China. Trans national companies start to set up there due to the massive population and amount of natural resources which provide potential employee’s and raw materials for industrialisation and new buildings are built for offices, factories and homes and it provides many more jobs for Chinese people.
In an efficient market, how are we to interpret FedEx’s 14% increase in market value? • The stock price of both companies rose. Because the air transportation agreement between United States and China and the market opportunities of this deal in China for FedEx and UPS. • FedEx stock prices outpaced UPS because FedEx had a larger presence in China by having 11 flights weekly and serving 220 cities in china with direct flights to important cities such as Beijin and Shanghai. FedEx was also more innovative and had better operation.
from China goes to Wal-Mart. This made Wal-Mart China’s eighth largest trading partner. Governments, businesses, communities, and individuals in countries around the world face both challenges and opportunities as a result of rapidly expanding economic globalization. Changes in a country’s economy can happen very quickly and can deeply affect people and institutions. The fact that Wal-Mart is a company not even a country; and is China’s eighth largest trading partner; just makes us realize how much economic growth depends on businesses to produce more goods and services faster and more efficiently.
China's strong and effective state machinery has been modernized and effective tool for mobilizing resources. China is able to pour huge amounts of state money, in the development of new industries and great infrastructure. China also has 1.3 billion people, and because their state-led economic growth has superior manufacturing advantages. It
China is getting better and better by the second. The infant mortality rate is decreasing, literacy and education increasing, life expectancy higher and basic necessities like food, water, and shelter more available. Many of the problems they had with population are starting to go away with some new restrictions the put up. Their population mass could create the big armies and armadas of china and turn them into a well oiled war machine are could hone the economic status of china probably both though. With China having all these major points they could be on the rise for the next superpower
More and more companies are doing business in China due to the lower production costs. When doing business in a different country, they could have some policies and regulations that are different than the ones in the United States. They are many officials in these countries that will take a bribe in order to ensure a fast turnaround time in order for your company to receive a license. The Foreign Corrupt Practices Act of 1977 (FCPA) was empowered by the United States to investigate allegations of bribery anywhere in the world and are stepping up their activities in China (Roberts 2010). Technically, China does have some laws against taking bribes but there is a fine line between bribes and gift giving.
For instance, Canada’s four main emerging products could be associated to with different sections of the Chinese economy ranging from ores to manufacturing, from wood to residential construction and from vegetable oil and seeds to domestic consumer consumption. In 2012, 31 percent of Canada’s ores were exported to China, making China its biggest customer for ores. Furthermore, export of wood and oil seeds increased by 74 percent and 167 percent respectively, in 2012. As China’s demand for more sophisticated products increases, Canadian exporters will have a unique opportunity to capitalize on this by providing more services related to their products. Although there is shift in China’s economic policies, its massive domestic market will