To get a higher education is perhaps crossing the biggest milestone of your life. A college education is a very valuable thing and everyone should get one, so that we can all be enlightened and help make our society a better place. A college is a place where people come together in an environment that helps nurture their educational curiosities. For example, a college student and a high school student have a lot of differences when it comes to doing stuff like work because a student from college can rationalize than a high school student.
And China is the biggest manufacturer in the world, meaning that the 60 percent of the toys sold in the world are made in china. Over the years, U.S. toy companies shifted their production overseas, especially to China. And the toy companies in U.S. mainly focus on the product design, marketing, research and development, which are high-value activities. U.S. toy companies chose to shift their production because the oversea countries such as China may have lower cost on environment. Product quality is of paramount importance in every industry.
* Market share today: Out of 2,000 big companies Wal-Mart is at 17 with 201.36 billion in market value and in its industry of retail, Wal-Mart is ranked #1 with Home Depot and Target behind. * Profitability of the company compared to the past: Last year Wal-Mart closed with their net sales at $344.992 billion and as Wal-Mart finishes their third quarter their net sales is at $269.8 billion, this is a positive for them and an 8.6% increase on sales. B. Strategic Posture 1. Mission * The company’s current mission objective is to give their customers what they want.
Almost all manufacturing conducted are in overseas factories, primarily in China. Major companies include Mattel, Hasbro, and MGA Entertainment, as well as gaming hardware divisions of Microsoft, Nintendo, and Sony. The industry is highly concentrated: the top 50 companies generate about 75 percent of revenue. The industry includes manufacturers of video game consoles covered in the Electronic Gaming Products industry profile, but does not include companies that produce software for video or computer games covered in the Entertainment and Games Software industry profile “(Economic Impact of the Toy Industry 2014).” Apparent observation that the industry has been affected because of various reasons in the recent years. The rise in digital era has brought a significant adverse effect on the industry.
EGT1 -Economics and Global Business Task 4 Introduction China is the world’s leading nation in terms of population measure. As of the year 1990, the country had a population of 1,133,682,501 people. This has recorded continued growth of approximately 15 million people annually since then. Therefore, their government has placed a considerable amount of effort in ensuring that the Chinese population lives a better life. However, the process of ensuring this size of a population has a decent and high standard of living has posed a big challenge.
In the United States lives more than a quarter of billion of people and the majority are from foreign countries. The majority of these people come to US looking for “the American dream” and leave in the past their poor economy that live in their countries; other people come to USA trying to escape of wars or political oppression, and other looking for religion freedom. According to the census the most common language spoken in the United States is Spanish with 34,547,077 speakers in the US has increased by 210% since 1980, with the highest concentrations in Los Angeles, New York, Miami and Chicago. The second common language spoken is Chinese with 2,464,572 speakers, an increase of 290%! You’re most likely to find Chinese-speakers in New York, Los Angeles or San Francisco.
Kendle Net Income margin of 5.3 % in 1996 is much higher than 1.6% of the Quintiles which is considered to be the “golden standard” of the industry and more than double more than 2.2% net income margins average. These good financial ratios can be explained by the in-depth control of financial performance of the Company by its owners and Kendle preparation to the IPO process. By 1996, Kandle conducted clinical trials for 12 of the world’s 20 largest pharmaceutical companies. Research is a labor-intensive business and Kendle focuses a lot on maximizing labor utilization on 65 % to 70% utulazation rate to make sure that the profit margins are higher, especially on the operational level. With a qualitative and experienced management team Kendle organized the well-defined organizational structure where all the strategic business units carried profit responsibility.
Other countries, such as China, also highly depend on migrant workers to contribute to the overall vitality of their nation’s economy. Over the past few decades, the urbanization of China’s coastal cities has been fast and furious. Though China’s migrant workers are mainly Chinese-born farmers from rural inland towns and villages, their challenges and ways of living are quite similar to those of the U.S. migrant worker. According to the Bureau of Labor Statistics, nearly 25 million foreign-born workers made up 15.8% of the U.S. labor force in 2010. This means that more than 1 in 7
Shanghai is home to 23 million people in 2013, and is considered to be China's largest city. Today, China’s population has exceeded 1.2 billion people. To put that in perspective, China has about four times the amount of people as the United States of America. In addition to China’s extensive population, their history is just as profound. At first, kings ruled ancient China.
87% agreed that an Associate’s degree is the new high school diploma. It’s almost necessary in order to achieve the “American dream “(Morin, 2000). In conclusion, College has its advantages and benefits to achieving your ultimate goals in life for most people. It is hard work, but one day, having and obtaining the American dream is what makes our country so wonderful to live in. Work Cited Morin, R. (2000, May 8).