China is becoming a more developed country and is becoming a ‘’winner”. In 1995 China’s GDP per capita was $530, and now in 2012 is has risen to $5,720. This is because China is becoming switched on and more connected to the world through trade. There are many different factors that have led to this increased globalisation. Firstly the development of TNC’s in countries.
The automobile changed technology for a lifetime. It introduced the assembly line which led to mass production of cars. In 1921 there were one million cars produced. The last main idea in the chapter, at least in my opinion is how they talk about city vs. country living. Henry Ford came from a farming family.
This happened because American businesses were on a rise and they created 12 million jobs. There were also key states like California that came out of the economic recession. California had growth that was being driven by high tech industries, entertainment, and foreign trade. The 1990s was also a time when the stock markets soared. There was a rising demand for shares in what is called blue-chip companies and internet companies also began to rise with value from individual portfolios, retirement accounts, and pension funds.
Mercedes would pay $4000 and the Traveler would pay $3200. I included a rebate for both brands in the third quarter so the sales would increase and they did. The Speed computer included engineering applications, office applications; ability to link with other computers and a fast and powerful machine these features met all the needs of the Mercedes customer. The Aloha included office applications, portability, ease of use ability and ability to link with other computers; these features met the needs of the traveler population. I chose to place offices in NY - North America and Tokyo- Asia because both brands had the greatest demand in both of these locations.
Highlights of the boom included; Consumer boom – growth of personal possessions (Woolworths, hire purchase, commercial travellers). Because goods could be produced in greater numbers and at much lower prices, more people were able to afford them. This led to huge increases in the sales of products such as cars, refrigerators, radios and cookers. Innovation in production methods, especially in the motor industry (by 1925 Ford were producing a car every
[5] There was also a rise of leisure time, emergence of an urban middle class, technological advances, and an increase of wages. The twenties saw an increase of consumer spending. Many wages were spent on cars, radios, and household appliances. The economy was booming. Workers were making enough money to have some leisure spending and time, and industries were taking advantage of this by catering to these new audiences.
The large companies created outweighed the benefits brought to the working people of America at the time. 2. What political and social factors enabled the fast food industry to prosper during the past thirty years? One political factor enabling the fast food industry to proseper was the economic transformation of World War 2. Manufacturing was at an all time high, and people had a lot of money to invest and spend.
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. China has become wealthier because of this and more money is spent on healthcare and education, making the people healthier and better educated so are able to work longer, money is also spent on the basic infrastructure such as railways and roads, which improves transport links in the country. As well as internal changes and improvements, there are also global reasons for China’s development. In 2001, China joined the World Trade Organisation, so trading became more recurrent for China which boosted their economy rapidly. Due to the cheap labour available, Trans national companies have invested in China and therefore products are now mass produced there more than any other country in the world.
Police also use cars to prevent crimes or robberies; we always expect them to be in time when we need their help. Furthermore, car business has become a huge part of our world industry. Factories, manufacturing companies, dealers, services give jobs for millions of people in the world. Thanks to them our economy has grown and can’t exist without it anymore. In every civilized country this is one of the most important industry branches.
Industry and Competitor’s Analysis The automotive industry is made up of four subsegments namely; the passenger cars, the light commercial vehicles or the sports utility vehicles (SUVs), the Asian utility vehicles (AUVs), the trucks and business segment. The last three subsegments are collectively categorized as commercial vehicles (CVs). Passenger cars account for the biggest share