CAC China Between the years 500 and 1750, China’s involvement in trade and decisions regarding global trade greatly affected their economy. China has always participated in local trade amongst Chinese societies, however new technologies brought change in the trading system and the people the Chinese traded with. There were also time periods of isolation from other countries that were established in order to have less western influence. Transitions with new rulers, advancements in technologies, and expansion of their empire caused for Chinese economic growth or continuance. Many foreign invaders tried to conquer the empires of China for thousands of years, one of which was actually successful.
All of these issues helped to shape the American nation and its people. After the Civil War, the development of improved industrial methods and the arrival of masses of immigrants eager for factory jobs launched a new era of mass production in the United States. The nation turned its efforts toward economic recovery and expansion. America's abundant supply of natural resources, such as coal and oil, encouraged investment. Much of this investment came from already industrialized countries like Germany, Great Britain, and France whose business owners looked for new investment opportunities in the United States.
-Threat: Increased Competition: America, Japanese, and Italian firms had established factories in China. Strong competition that will compete for the same skilled employees. Chinese language and cultural barriers. Industry Attractiveness: China has made significant progress in the furniture market and will likely continue to see further growth due to its low labour costs and low tariffs making this a very attractive market for Palliser. Internal Analysis: (Firm) -Strengths: Recruited product managers/designers from all across the world including Sweden, Hong Kong, and Italy.
Containers are can be easily transferred from one transport to a different form. This saves time and money as now only 2% of the price of the product is transport costs. Containerisation and the increase in affordable planes has affected globalisation, as now products can be shipped from china to the U.K which would still be cheaper than producing them in the U.K. and people are now more interconnected which has increased the growth of TNC as materials and people can be moved quicker. Communication has connected and linked the globe by using email and Skype. It is now accessible to talk to anyone around the world for free, which the connected families, cultures and the growth of business.
Globalization is beneficial to developing countries because it raises income, creates jobs and creates an economy where it is possible for people to afford nice things. Throughout Meredith and Hoppough’s article readers are presented with strong examples of logos. Meredith and Hoppough give hard facts and evidence that support globalization and make readers see the good in globalization. The author’s choose to show the positive effects of globalization through facts and statistics. For example Meredith and Hoppough state “Per-person income in china has climbed from $16 a year in 1978 to $2,000 now” (Meredith and Hoppough 393).
They think of many ways to do this, but a very common method is employing many workers in LEDCs.Like Nike had established lots of garment factories in Indonesia, Vietnam. On one hand, this is a good thing because they bring jobs to places which there is high rate of unemployment, teach workers new skills, and bring money to the host country in the form of taxes to the government or by beginning to integrate the country into global market. By this, the host countries can increase their GDP, becoming more developed. When TNCs establish their factories in a certain area and employ workers, they provide residences, health care and extra training. This helps local people to have a better life, some of them don’t have enough money to look after their health.
The amount of jobs in China increased because people were working on building the Great Wall, and the soldiers had to watch them. Trade in China increased because the Great Wall followed the path of the silk road and there were watchtowers and guards, therefore it was safe for Chinese citizens to trade on the silk road; and china exported
The worldwide market share of Colgate and diversification could also improve by entering the Chinese market. Entering China will also lead to new job opportunities. On the other hand, the original product names did not test as well as other names in China. This led to product names being changed. Also the packaging had to be changed, which led to high development costs.
This is why the government have close links with business groups, like Shell, BP and Tesco. Wealthy groups can afford a lot of advertisements and media coverage, which both are extremely helpful in promoting a pressure group, as more people become aware of their presence. BT constantly run adverts on the TV because they can afford to do so, and BT are probably the most successful telecommunications company in the world. Another factor that contributes to a pressure groups success is size. This is because when a pressure group is larger in size it means it contains a large membership and usually more people will recognize the group.
Transnational corporations, or TNCs, are corporations that have their headquarters in one country and operate wholly or partially owned subsidiaries in one or more other countries. Some people benefit from the growth of transnational corporations than others. Developed countries benefit as they get cheaper imports from developing countries which benefits the consumers and companies in the developed countries as everyone pays less and companies can compete with others easier. Another benefit is that developed countries lose industry to developing countries, improving the environmental quality in the developed country, reducing CO2 emissions helping to combat climate change. Developing countries also benefit as the population get access to employment and the development of new skills, leading to more money being spent helping the economy to improve infrastructure and services improving the quality of life in the country.