Trade and investment issues between China and other econmies Essay

Trade and investment issues between China and other econmies - Essay Example However, after 1978, the country has experienced actual growth of more than 9 percent annually. In the topmost years, Chinas economy grew more than 13 percent. For the last 15 years, the nation has increased its per capita income (Zhuli and Mohsin, par. 1). Furthermore, some experts are even predicting that in about 20 years, the economy of China will be larger than US. An IMF research team that recently examined the sources of Chinas growth reached a surprising conclusion. The constant productivity increase was the driving force behind Chinas economic boom. According to Zhulu and Mohsin (par. 5), productivity gains in the years 1979 to 1994 accounted for more than 42% of the growth of China. By the early 1990s, it had overtaken the capital as the most important source of that growth. A traditional development view in which capital investment takes the lead is marked from this. The productivity jump originated in the reforms of the economy begun in the year 1978. Additionally, the much earlier study on the development of the economy have suggested an important role of capital investment in the growth of the economy. It has also proposed a sizable portion of the recent growth of the country is in fact accredited to capital investment that has made China more productive. The meaning of this is that better technology, new machinery, and more infrastructure investment has helped China to raise its output. Higher productivity has performed the most recent economic miracle in China, Zhuli and Mohsin (par. 10) state. The countys productivity increased at a yearly rate of 3.9 percent during 1979 to 1994, compared with 1953-1978s 1.1 percent. Output growth productivity share exceeded 50 percent. Such explosive growth is outstanding. Chinas economic growth rate of almost 4 percent puts the country in a class by itself (Zhuli and Mohsin, par. 10). Pre and post-1978 China experts indicate that market-oriented reforms embarked on

Business Strategies Assignment Example | Topics and Well Written Essays - 1500 words

Business Strategies - Assignment Example The target market of a company is women aged from 25 to 54 who have children and a sufficient income to spend on their products. The company strategic approach is built around the convenience and price suitable for its customers. Under this strategy, company has built its stores in a boxlike structure where shoppers can use carts to browse throughout the stores. Strategic management strategy of Kohl’s Corporation plays a vital role in maintaining the company’s profitability even in adverse situations. The customer’s taste and preferences are changing regularly, which can directly affect the business. To avoid certain situation, it is necessary to review the external trends of the market regularly in order to take strategic actions on time. For this purpose, the strategic manager needs to review the internal and external environment of the company. It involves the process of job scanning, addressing external environment and trends, and identification of opportunit ies and threats. External trends for Kohl’s Corporation The manager at Kohl’s Corporation has to face various external trends that mainly concern external business environment. The profitability of the company is based upon these internal and external factors existing in the business environment. ... Economic factors. In the past few years, there has been a decline in general economic condition of the country that leads to reduce the customer demand for merchandise. It also leads to reduce the sales and gross profit margins of the company. According to the case, the company’s present economic condition is quite well, and it is able to compete with its competitors, but for future prospective, company must keep track of functional and technological changes in the retail industry so that managers can take decisions on time (Jeffs, 44). Technological trends. At present, there are various technological trends entering the retail and departmental store industry that can affect the consumer taste and preferences such as shopping malls, where various brands can open their store under one roof. According to Kohl’s business strategy, they operate their stores in three settings: the stand alone buildings, the big box mall and the lifestyle center. These three kinds of stores a re able to create an environment that is convenient, friendly and exciting for their customers. It gives a unique feature to its business strategy. Governmental factors. What concerns the political situation, governmental policies and political system of the country are extremely uncontrollable, and it can adversely affect the consumer confidence. The outbreak or escalation of war, the occurrence of terrorist’s acts and the other hostilities of the political system can lead to a decrease in spending by consumers. Socio-cultural factors. Socio-cultural factors include the knowledge, art, beliefs, morals, laws and customs of the society. The choices and purchasing habits of the customers are largely influenced by the socio-cultural factors, and it changes over time. Kohl’s Corporation

Workshop report 3 Essay Example | Topics and Well Written Essays - 1500 words

Workshop report 3 - Essay Example ining information from the collected is the science and art of statistics, empirical research is statistical reasoning, for this reasons, researchers from different fields are trained in for the application, confidence intervals, significance probabilities, hypothesis tests, or posterior probability distributions. Some ethical considerations were also discussed while conducting surveys. Solution to the problem is of statistical methods in research. The present study is based on the scientific survey of sampling method and the sampling type is random sampling widely used for population sampling studies (2,8). In the present study methodology that was adopted for the experiment and the ethical considerations for surveying were discussed. The methodology comprises collecting the data, analysing the data, and obtaining results and conclusions from the data. In the surveys where random sampling method is adopted, a particular criteria is adopted for selection, under this criteria different groups are selected for the same parameter, and by lottery procedure, a member is selected from each group for testing. This is the probability sampling method where the controversy on the selection procedure is less, the balance between the sampling frame and the population will be good by this procedure (3), (4). (5) A good designed experiment gives an idea of how, one variable responds to the changes in other variable in the controlled conditions of the experiment. While investigating the possibility of cause and effect relationship, the variable that is responsible for the effect is termed as ‘Dependant variable’ because this variable depends upon the causes, variables that represent causes are ‘Independent variables’. Confounding variable is a variable that correlates with the independent and dependent variable, thus it is not possible to determine whether the changes in the independent variable causes changes in the dependent variable or confounding variable, if the

Business Strategies Assignment Example | Topics and Well Written Essays - 1500 words

Business Strategies - Assignment Example The target market of a company is women aged from 25 to 54 who have children and a sufficient income to spend on their products. The company strategic approach is built around the convenience and price suitable for its customers. Under this strategy, company has built its stores in a boxlike structure where shoppers can use carts to browse throughout the stores. Strategic management strategy of Kohl’s Corporation plays a vital role in maintaining the company’s profitability even in adverse situations. The customer’s taste and preferences are changing regularly, which can directly affect the business. To avoid certain situation, it is necessary to review the external trends of the market regularly in order to take strategic actions on time. For this purpose, the strategic manager needs to review the internal and external environment of the company. It involves the process of job scanning, addressing external environment and trends, and identification of opportunit ies and threats. External trends for Kohl’s Corporation The manager at Kohl’s Corporation has to face various external trends that mainly concern external business environment. The profitability of the company is based upon these internal and external factors existing in the business environment. ... Economic factors. In the past few years, there has been a decline in general economic condition of the country that leads to reduce the customer demand for merchandise. It also leads to reduce the sales and gross profit margins of the company. According to the case, the company’s present economic condition is quite well, and it is able to compete with its competitors, but for future prospective, company must keep track of functional and technological changes in the retail industry so that managers can take decisions on time (Jeffs, 44). Technological trends. At present, there are various technological trends entering the retail and departmental store industry that can affect the consumer taste and preferences such as shopping malls, where various brands can open their store under one roof. According to Kohl’s business strategy, they operate their stores in three settings: the stand alone buildings, the big box mall and the lifestyle center. These three kinds of stores a re able to create an environment that is convenient, friendly and exciting for their customers. It gives a unique feature to its business strategy. Governmental factors. What concerns the political situation, governmental policies and political system of the country are extremely uncontrollable, and it can adversely affect the consumer confidence. The outbreak or escalation of war, the occurrence of terrorist’s acts and the other hostilities of the political system can lead to a decrease in spending by consumers. Socio-cultural factors. Socio-cultural factors include the knowledge, art, beliefs, morals, laws and customs of the society. The choices and purchasing habits of the customers are largely influenced by the socio-cultural factors, and it changes over time. Kohl’s Corporation

How war dehumanizes people Essay Example for Free

How war dehumanizes people Essay During the war people were deprived of their everyday necessities and also their living conditions, They never got the luxury of sleeping in big warm clean beds or even clean clothes therefore changing the way they act and the way look at things such as murder. During the war you go through the trenches and fields watching people die, and even killing people themselves. Everyday people would not be able to just sit there and watch someone as they slowly die. The narrator of this novel, Charles Yale Harrison was enlisted in the war. Charles explained everything that went on during is outings, some of which were pretty harsh and intense I could only imagine some of the things that he probably was not allowed saying. Charles had a few main buddies whom stuck by his side and fought with him. In this novel he tells us the things he saw some of the things he explained were pretty gory, for example he watched people as their flesh tore off and blood gushed everywhere. War definitely dehumanizes people for the most part. Soldiers don’t have as much sympathy for the people who are dying it’s almost as if they really don’t care but being that must be kind of necessary for a soldier because you can’t really sit there and cry over a friend who is dying while your enemies were slowly creeping up on your base. During war you do things you never thought you could ever do in your lifetime such as stabbing someone in the stomach or shooting a man in the face. â€Å"I lunge forward aiming at his stomach. It is a lightning instinctive moment. The thrust jerks my body; something heavy collides with the point of my weapon.† Charles says. I doubt Charles would have ever been able to do this without spending months in war, with the same platoon and even watching them all slowly die.

Economic Growth In Malaysia

Economic Growth In Malaysia Abstract Foreign Direct Investment (FDI) supports the national economic when it facing the lack of internal investment resources and it can cover the gap of investment resources and national investment. In this way, Foreign Direct Investment can affect the economic development and increase the speed of economic development. In this regards, among other countries, especially developing countries, that coped with the lack of internal financial resources have more interest to use Foreign Direct Investment. Since 1970 until now, the Foreign Direct Investment has been strongly growth and it outstrips from the trade growth and its causes to double exports of goods and services. In other words, the Foreign investment in the developed worlds economy is development of transnational companies for improving competitiveness, higher profit, accessing to cheaper labor market and reaching a broader consumer market. Providing sufficient capital to finance investment is as one of the important factors in economic growth. In this regards, developing countries have tried to accumulation of capital through internal resources or by foreign direct investment to complete the deal. Also, foreign direct investment has a significant role in developing process in many countries. Gross domestic product in Malaysia has the maximum growth rate comparing the other Association of Southeast Asian Nations and one of the remarkable strategies of the administration to encourage its growth is by create a center of attention to foreign direct investment. Malaysia is one of those developing countries that promote Foreign Direct Investment in order to increase speed growth and development. Foreign Direct Investment has cooperated a significant role in capital formation in Malaysia and the developing economy that has enhanced quickly. CHAPTER 1 INTRODUCTION Introduction Malaysia is one of the fastest country in growing economy in the Asia area with GNP growth of around eight plus percent per year. The Malaysian economy has shifted from agriculturally to further differentiate and also export oriented one after its independence in 1957. It is identified the Malaysian market is openly oriented with almost non existent non tariff blockade and averaging just about 50 percent and foreign exchange organize. Malaysian open trade is sustained by the two way trade approximately to 120 percent of Gross National Product (GNP). It has been demonstrated that from the established political environment, enhancing capita revenue, and the prospective for local integration all over the ASSOCIATION OF SOUTH EAST ASIAN NATIONS (ASEAN), Malaysia is a gorgeous view for FOREIGN DIRECT INVESTMENT (FDI) (see Graph 1.1). Foreign direct investment in Malaysia is a significant catalytic parameter, enhancing exports, awareness and offers an economic tool in the direction of the Malaysia 2020 vision. Some empirical researches show that the economic growth has been established in the past 6 years at the above seven percent per year. In this regards the inflation rate has been remained below four percent, decreasing the unemployment rate, balancing the payments. Echange rate is as a significant factor in the Malaysian Foreign direct investment (FDI) in the general economy. Malaysian Bank Negara does not formally peg the Ringit (RM) to definite currencies and currency floats. In fact, Malaysian Bank Negara has been charged of depreciating the cost of the Ringit (RM) in order to encourage exports. On the other hand, Malaysias focus on Foreign direct investment, increasing exports, has provided it well and supplied to its 8 years of over 8 percent growth. Foreign Direct investment (FDI) Several definitions have been proposed for Foreign direct investment. The international monetary fund defines Foreign direct investment following: Foreign direct investment is a type of investment that to achieve sustainable benefits in the country except for the home country of investor and the investors objective is as an important role in the management of the organization (Bengoa and Blanca 2003). Foreign direct investment is considered dependable for enhanced well-being in the host country due to the benefits related to introduction of new innovations and technologies, improvement of extra abilities, enhances capital, improving work stations in host countries (Fizari, Asari et al. 2011). A study by Bengoa and Sanchez-Robles (2003), it is defined that Foreign direct investment is the most important contributor to the economic growth in the country. Foreign direct investment is considered as a significant resource of inflows in numerous countries, especially in emerging developing economies. In fact, Foreign direct investment is evidenced in the capital account of balance of payment (Chaudhary, Shah et al. 2012). Foreign direct investment or FDI is the net inflows of venture to acquire a lasting management interest in an activity operating in an economy other than that of the investor. It is the sum of equity resources, other long term resources, short term resources and reinvestment of earning as illustrated in the balance of payments. Foreign direct investment in Malaysia is put on following the investment of at least 10 percent of the whole equity in a resident firm by a non-resident investor (Greenway 2004). Economic Growth Economic growth is the enhance in the quantity of the services and goods manufactured by an economy over time. It is calculated as the percent rate of enhance in actual GDP (gross domestic product). Foreign direct investment has been a significant resource of economic growth in Malaysia, transporting in capital investment, management and technology knowledge necessitated for economic growth (Mun, Lin et al. 2008). In developing countries such as Malaysia, Foreign direct investment has a positive effect on economic growth and it also depend on some the other key factors, like: human capital base in host countries, the degree of openness in the economy (Lean 2008). Carkovic and Levine (2002) found the positive effect of foreign direct investment in economic growth. Their finding showed that a countrys power to take benefit of Foreign direct asset externalities may be limited by local situation, like: the level of education in the country, the improvement of the local financial markets. Studies by (Durham 2004); (Hermes and Lensink 2003); (Alfaro, Chanda et al. 2004) presented support that just countries with well developed financial markets grow importantly from foreign direct investment in conditions of their growth rate. Wan (2010) argued that foreign direct investment can play a significant role in modernizing a national economy and encouraging economic growth. On the other hand, the association among the exchange rate and economic growth is a significant issue, from the both a positive such as: descriptive and normative such as: policy prescription view (Ito, Isard et al. 1999). There are some countries that include explicitly or implicitly fixed their exchange rate to the currency of the other country such as: U.S. dollar and whose inflation rate are upper than that of the foreign country (U. S.) frequently practices persistent recent account deficits and eventual depressions of their currencies (Ito, Isard et al. 1999). 1.3. The role of Foreign direct investment and economic growth Malaysia is one of the mainly open in the emerging world to foreign investment and it also distinguish the significant role that FDI can play in well placed for attracting investment in Malaysia (Kogid, Lily et al. 2010). Foreign direct investment is as a significant driver fundamental in the Malaysian powerful performance and also economic growth. There are numerous research that investigate the relationship between foreign direct investment and economic growth (Kogid, Lily et al. 2010). There is an extensive view that the role of foreign direct investment (FDI) on economic growth is unclear (Greenway 2004; Azman-Saini, Law et al. 2010). One possible reason for this finding is picked up from the failure of model contingency achieves in the relationship between foreign direct investment and Growth. From the traditionally studies, the exchange rate had not composed a significant factor in the analysis of economic growth (Omankhanlen 2011). Alfaro, Chanda et al. (2003) explored that countries with enhanced financial schemes can utilize foreign direct investment more efficiently and also foreign direct investment alone have an ambiguous role in causal to economic growth. Carkovic and Levine (2002) presented the positive role of foreign direct investment in generating economic growth, mainly in exacting environments. For instance, Borensztein, Gregorio et al. (1998) show that foreign direct investment has a positive growth outcome when the country has s extremely educated workforce that permits it to utilize foreign direct investment spillovers. Exchange rate and inflation rate There are various studies have seemed to the effect of exchange rate or inflation on direct investment (AHN, ADJI et al. 1998). Naturally, it identifies the negative effect of inflation by itself on direct investment. Exchange rate movements can affect foreign direct investment by affecting the current cost of gaining overseas (Froot and Stein 1991). For instance, a reduction in domestic currency value against foreign currency value of the domestic exchange rate will create it fewer expensive for foreign investor. In this regards, depreciation of the exchange rate will create inflows of foreign direct investment in that country rise (Erdal and Tatoglu 2002; Tsen 2006). There are some ways for controlling exchange rate, but it is so expensive. When the rate of interest is high, it avoids capital outflows obstruct growth of the economy and so it will hurt the countrys economy (Solnik 2000). According to Khalwaty (2000) There are some parameters that cause the exchange rate changes. Tho se parameters embrace: payments balance problems, changes in foreign exchange demand and supply, public revenue, changes the expectation, et al. Therefore, this study will explore the impact of inflation and exchange rate on foreign direct investment and economic growth. Problem statement Malaysia has a growing open economy. Malaysia had 29th level as the largest economy with GDP $357.9 billion in 2007 (Bank 2007). It is identified that foreign direct investment has been observed as a major driver underlying the strong growth performance occurrence by the Malaysian economy. Malaysia has got a substantial quantity of foreign direct investment in its industry over the past decades. Despite the significance of foreign direct investment (FDI) to the Malasia, there has been a little study the determinants of the foreign direct investment such as inflation and exchange rate. Most of the earlier researches use cross-sectional or panel data to find the determinants of foreign direct investment. This study will examine two macroeconomic parameters, explicitly exchange rate and inflation, that effect on foreign direct investment and economic growth in Malaysia over a period from 1995 to 2009. Since the economic growth is one of the key determinants accountable for advanced foreign direct investment inflow (Fedderke and Romm 2006; Kiat 2008), this study want to examine foreign direct investment and its relation to economic growth. The aim of this study is to test whether any relationship between foreign direct investment and economic growth regarding its inflation and exchange rate. The relationship between foreign direct investment and economic growth is not clear in Malaysia. So, there is a need to carry out extra research on this relationship. 1.6. Research questions On the basis of the above mentioned problem statement, the following research questions are suggested: RQ1: what is the effect of inflation on FDI and economic growth? RQ2: what is the effect of exchange rate on FDI and economic growth? RQ3: what is the effect of FDI on economic growth? 1.7. Research objectives The objective of this thesis is to study the effect of inflation and exchange rate on FDI and its relation to economic growth in Malaysia from 1995 to 2009. The objectives of this study are: RO1: To evaluate the effect of inflation on FDI and economic growth. RO2: To evaluate the effect of exchange rate on FDI and economic growth. RO3: To evaluate the effect of foreign direct investment on economic growth. 1.8. Theoretical framework On the basis of the above mentioned literature, a research model is developed to examine the effect of the effect of inflation and exchange rate on FDI and its relation to economic growth in Malaysia (see Figure 1.1). 1.9. Scope of study The study will focus on the influence of inflation and exchange rate on FDI in Malaysia. Malaysia is one of those developing countries that promote Foreign Direct Investment in order to increase speed growth and development. On the other hand, since, Foreign direct investment in Malaysia is a significant catalytic parameter, enhancing exports, awareness, thus it has a significant role in the economic growth of the country. And Malaysia has been encouraging FDI in its economic contribution. 1.10. Significant of study Foreign direct investment has played a significant role in the capital formation and the economic development that has enhanced rapidly. Foreign direct investment offers a significant view in the course of which organizations can keep away from high production costs at home and discover gorgeous marketplace abroad (Demekas, Horvath et al. 2005; Utami and Inanga 2009; Yol and Teng 2009). On the other hand Malaysia has been one of the majority successful Association of Southeast Asian Nations (ASEAN) countries in being a focus for FDI. In this regards, it is important to find a relationship between inflation, exchange rate and Foreign direct investment in Malaysia.

Occupational Safety and Health Administration Essay -- Reserach OSHA W

Occupational Safety and Health Administration PAST The Occupational Safety and Health Administration or OSHA is a part of the US Department of Labor, and was started in 1970 as part of the Occupational Safety and Health Act. Its mission is to prevent work-related injuries, illnesses, and deaths by issuing and enforcing rules (called standards) for workplace safety and health. Since it’s inception it has helped to cut the incidents of workplace fatalities by sixty percent, and occupational injury and illness rates by forty percent. This presentation will present what OSHA has accomplished in the past, present and what it hopes to accomplish in the future.   Ã‚  Ã‚  Ã‚  Ã‚  There are many reasons for the introduction of an organization like OSHA. In the 18th century workers, during the English Industrial revolution, People worked in the coal mines naked, because there was no governmental regulation. At the onset of the Industrial revolution in America there wasn’t much in the way of protecting it’s workforce either, from abuse by their employers. Unsafe working conditions and child labor was prevalent in industry. In 1884 the first agency designed to address labor issues was called the Bureau of Labor. At this time it was a part of the Department of the Interior, as there was no Department of Labor. The department of Labor was established as a cabinet level agency in 1913.   Ã‚  Ã‚  Ã‚  Ã‚  Some of the major changes to industrial safety since OSHA was established, are as follows. In 1970 they established the use of guards on all moving parts to prevent contact with moving machinery. Permissible exposure limits on air borne chemicals and dust particles. Also the emphasis on personal protective equipment in the work place. In the 1980’s OSHA started the Lockout Tagout program where businesses are required to put locks and tags on equipment that is in the off or deenergized state, while maintenance or repair work is being performed. In 1990 they instituted the confined space program to cut down on the number of deaths and injuries due to workers entering manholes, pits, bins and other confined spaces. They also instituted the Hazard communication process, or â€Å"Right to know†. This is a system of information readily available to workers on the chemicals used in the work place. PRESENT OSHA currently has 2,200 emplo... ...am will be tailored to suit the needs of the particular employer or workplace. To ensure success with these programs OSHA plans to improve collection, tracking and analysis of information. Then based on the analysis of the information OSHA plans to target new areas, and develop new training.   Ã‚  Ã‚  Ã‚  Ã‚  In order to meet the needs for additional training and implementing new plans OSHA must strengthen their infrastructure and capabilities. One part of this effort, which differs from past OSHA efforts, is using customer communication as an information source. Another major task to improve capabilities will be to conduct a comprehensive workforce skills assessment and enhance future technical competency. Another key element to future growth, is OSHA’s commitment to maintain Information Technology (IT) for a mobile workforce. This enables OSHA to deploy a mobile staff that maintains real-time communication with the central organization.   Ã‚  Ã‚  Ã‚  Ã‚  In conclusion, OSHA has its hands full trying to keep up with technology and manufacturing processes. Wireless communications as well as computing have enabled the manufacturing industry to rapidly advance and it’s up to OSHA to do the same.