One concept of Dong Mingzhu and Gree is technology. Although she started her career in Gree at sales and marketing department, she cared more about technology. “The best product is which one needs less after-sales service”, said by Dong, Gree set the principle that the investment of technology research should be above three percent of sales income under her leadership, the amount in 2014 was over 5 billions RMB. It is the constant exploration of technology that Gree has developed from a small factory without ability of self-development to the dominance of air-condition industry, so far they got over 14,000 patents. For instance, Gree TOSOT rice heater, the product which sold in last year, spent development team 4 years researching and trying, …show more content…
“Good air conditioner made by Gree”, “Gree control core technology”, “Gree makes the world fall in love with Made in China”, these slogans of Gree already has been using for over 10 years. In the early years, Dong went to the Middle East for market survey, one local dealer of Gree told her that they could mark their products with “made in Thailand” rather than “made in China” if they want to get better sales (CCTV, 2016). Dong attributed it to the lack of autonomous technology, since that time most of Chinese companies just follow others’ given standards and produce for their clients, this may be the start of Dong’s enthusiasm in technological development. Recently, Gree has set up 7 research institutes owning over 8000 scientists but no one of them come from out of China. Gree got people in once they graduated, then provided enough stages and money to develop them and meet their ideas (iAsk Media, 2016). It is no doubt that Dong keeping insisting on technology helped the world’s reviewing of that label “made in …show more content…
She argued that Gree needs innovation and diversification to move to a higher level. Dong Mingzhu mentioned that a firm should not only focus on getting itself used to the times and reaching market demand, but also creating and seeking customers’ need that are unknown by consumer themselves (CE China Daily, 2017). As we know, at the beginning Gree only had the air condition products, for now they have variety of small appliances, smart appliances, and their products also cover smart phones even they want to try new energy vehicles. However, the board of Gree rejected integration plan of Yinlong which is an important step of Dong Mingzhu to go to new energy vehicles market, she purchased stock right of Yin Long with one billion RMB as individual to hold on her mind of innovation and diversification. “Chinese companies should focus on innovation which is driving role of Chinese economy because only innovation can create real value”, said by Dong Mingzhu in an interview, “many companies just copy other’s ideas, but I think the pioneers should have social responsibility at the mission to innovate products (New China TV,
The theme of technology in Walle can relate to today's approach of technology takeover. Today's
Murder Could you believe or even imagine a charming, handsome and popular high school boy killing his ex-girl-friend? This is the case involving Adnan Syed in the murder of Hae Min Lee in 1999. "On January 13, 1999, a girl named Hae Min Lee, a senior at Woodlawn High School in Baltimore County, Maryland, disappeared. A month later, her body turned up in a city park.
An interprofessional competency that was done well was roles/responsibilities; “Use the knowledge of one’s own role and those of other professions to appropriately assess and address the healthcare needs of the patients and populations served”, specifically, “RR3. Engage diverse healthcare professionals who complement one’s own professional expertise, as well as associated resources, to develop strategies to meet specific patient care needs” (American Association of Colleges of Nursing, 2011). Lia’s doctors engaged a multidisciplinary team to work with the Lee’s. The doctors, public health nurses, interpreters, social workers, and Lia’s temporary foster parents worked together with the Lee’s to help them learn how to correctly administer her
GE was also required to operate more efficiently to cover the high cost of long term investment. Not only built research centers in several locations around the world, GE also increased their research & development budget by 14%. GE started to do their R&D processes by themselves, instead of merger and acquisition. As it took longer time to develop products, GE’s profit could not be gained in a short term.
The company is also leading the way in innovativeness and has already received recognition for introducing innovative products. This is one of the strengths of the company since innovative products will help to differentiate its products from the other competitor products as well as the new products can be exclusively branded as compared to the other flagship products from older Soviet times.
GCP is expecting FFD to deliver the sufficient growth to match up with the annual targets. VP of GCP suggested CEO of GCP for the sales promotion of the FFD; however the CEO has some of his apprehensions against the sales promotions. Nonetheless he agreed to allocate some funding if FFD team comes up with a solution generating funds without affecting long term health of the GCP’s brand.
Because public luxuries are strong for product and brand, and brand is oriented by consumer and identity. Accordingly, brands are regarded as images in the identities of consumers and other identities of target groups (Esch, 2010), which are designed by companies to decide their products (Kotler et al., 2009). Luxury brands are highly associated with their core consumer (Kapferer, 2008). For example, Land Rover is one of the worlds company to produce four-wheel drives, is the famous British SUV brand. The prices of Land Rover mostly are depend on middle-class economic conditions and the appearance of the car and speed of it are based on the male identity, mostly giving a image of tough guy. Despite the fact that public luxuries are more relevant to identities ,which is contrary to the private necessities. For private necessities, such as Haier, is the worlds largest household appliances maker, the global brand share of Haiers refrigerators, washing machines are on the top of the world. Compared with the relationship between the identity and Haier, Haier is more focus on quality of its products. The 1980s, coincided with the beginning of reform in China, many enterprises to introduce foreign advanced technology and refrigerator equipments, likes Haier. At that time, home appliances supply less than demand, there had a lot of enterprises which only focused on production rather than on quality.
The year is 2001. China joins the World Trade Organization (WTO) and Americans give way to the new “Asian powerhouse.” China has grown 9 percent a year for more than 25 years and is recorded as the fastest growth rate for an economy in history according to and abstract by Peter Katel in the CQ Researcher. With exports rising from 38.8 billion to 196.7 billion (a 400% increase) from 1994 to 2004 to the US alone, no wonder why China has gained new popularity with the business world. In the same article Peter Katel goes on to state that two-thirds of the world’s copiers, microwave ovens, DVD players and shoes are manufactured in China. With this powerful advantage that China has, its promising future does not seem that far away. The graph to the left shows the US merchandise trade with China. As you can see, the US exports to China have fallen and its imports from China have increased greatly from 1994 to 2004.
China also provided a labor force that is able to tackle both white-collar and blue-collar job positions. This made foreign companies rush both monetary and technological resources into China to utilize the manufacturing and development power. Both Microsoft and Sun have created research and development centers to implement and design software applications in China. Domestic companies are not far behind either, for example, China's own Evermore Software is on the rise to challenge Microsoft's office suite with its own.4
...kers. Moreover the Chinese being ethnocentric people may not like a Singaporean of Chinese origin to come into their town and factory, and run it in their own respective ways. Also the MD and Jimmy may not see eye to eye as they both may be rallying for power. We feel that the joint venture is still too premature to have a change in leadership and management. Controls Asia-Pacific at this stage should avoid experimenting with the management especially when the current operations at the factory are beginning to show signs of progress and improvement.
China's development is praised by the whole world. Its developments are not only in the economic aspect, but as well in its foreign affairs. Compared with other developed countries, China is a relatively young country. It began constructing itself in 1949. After 30 years of growth, company ownership had experienced unprecedented changes. Entirely, non-state-owned companies can now be more involved in sectors that used to be monopolized by state-owned companies.
In the future our firm could offer, the facility to make computers to consumers tastes, needs and budget. This is what the Gate Way Computer Company, which was very successful.
...gy not likes leader, concept, and culture; it is an accelerator for the company. Good-to-great companies used technology as an accelerator of momentum, not a creator of it. None of the good-to-great company began their transformations with pioneering technology, yet they all became pioneers in the application of technology once they grasped how it fit with their three circles and after they hit breakthrough (Collins, 2001, p.162). Before become a pioneer in the application of the technology, we have to do the external and internal scanning to see is it the technology fit our long term strategic and hedgehog concept.
Life as we know it today is primarily the result of the innovation of modern marvels from the most pivotal company of the 19th century. General Electric,GE, happens to be one of the most innovated companies of all times, with groundbreaking advances in science and technology. GE scientists and the world’s brightest, are focused on finding solutions to the world’s toughest problems in energy, the medical field, transportation, finance, and in everyday home life. GE has over 304,000 employees worldwide and has founded 67,588 patents. That is even more patents than the US government. GE’s number one commitment centers itself on Eco imagination by reducing its environmental foot print, and therefore striving towards economic growth.
Position: Google wants to acquire “.cn” as soon as possible before firms from other countries step in.