...The industrial sectors Industrial sector Definition Example PRIMARY definition: The extraction of raw materials from the ground and sea Examples: mining, fishing, oil drill, forestry SECONDARY definition: Processing of raw materials and manufactured goods Examples: metallurgy, machine engineering, electronics TERTIARY Definition: Provision of services. Examples; stores, shops, transport, car hires QUATERNARY Definition: Provision of information and administrative services Examples: leasing, IT, real estates, financial services There are four major types of industry in Canada/USA/Europe. Primary, Secondary, Tertiary and Quaternary. Primary Industries Industries that take in raw materials from the natural environment. Also known as extractive industries. (known as primary because extraction, or removal of natural resources must happen before anything else can be made. Everything comes from the earth) Primary industries in Canada include agriculture, mining, forestry, and fishing. Canada has one of the largest levels of natural products in the world Primary industries are those that harvest or extract raw material from nature, such as agriculture, oil and gas extraction, logging and forestry, mining, fishing, and trapping. Primary industries also create the basic materials for use in other industries, such as growing and harvesting wheat that can then be turned into the bread which you make your toast from every morning, or the raising of sheep for your...
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...2013, as its economy has diversified and developed. Historically, India has classified and tracked its economy and GDP as three sectors — agriculture, industry and services. Agriculture includes crops, horticulture, milk and animal husbandry, aquaculture, fishing, sericulture, aviculture, forestry and related activities. Industry includes various manufacturing sub-sectors. India's definition of services sector includes its construction, retail, software, IT, communications, hospitality, infrastructure operations, education, health care, banking and insurance, and many other economic activities.[111][112] Agriculture[edit] Rice fields near Puri, Odisha on East Coast Main articles: Agriculture in India, Forestry in India, Animal husbandry in India, Fishing in India and Natural resources in India India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 17% of the GDP and employed 49% of the total workforce in 2014.[113] As the Indian economy has diversified and grown, agriculture's contribution to GDP has steadily declined from 1951 to 2011, yet it is still the largest employment source and a significant piece of the overall socio-economic development of India.[114] Crop yield per unit area of all crops has grown since 1950, due to the special emphasis placed on agriculture in the five-year plans and steady improvements in irrigation, technology, application of modern agricultural practices and provision of agricultural...
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...Towards the Sustainable Corporation: Win-Win-Win Business Strategies for Sustainable Development John Elkington §§ I often wake up in the middle of the night," Pope John XXIII once said, "and start thinking about grave problems—and decide to talk about them with the Pope. Then I wake up completely and remember that I am the Pope." Western industrial societies have undergone a similar awakening over the last three decades as the scale of the environmental and natural resource problems they face has become increasingly clear. In doing so—and before they finally accept that the responsibility for tackling these problems is theirs, not something to be pushed onto future generations—they typically move through a number of stages. These have included: ignorance awakening denial guilt reduction, displacement behaviour, and tokenism conversion integration In the wake of the publication of Our Common Future, the 1987 report of the World Commission on Environment and Development,' and the UN Conference on Environment and Development (UNCED) held in Rio de Janeiro in June 1992, the concept of sustainable development—involving the integration of environmental thinking into every aspect of social, political, and economic activity—has become central to the environmental debate. This article considers some of the ways in which business is now developing new "win-win-win" strategies in this area to simultaneously benefit the company, its customers, and the environment. I Towards the...
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...MGSM845 : ECONOMIC CONTEXT OF MANAGEMENT Essay Term 2, 2013 ‘Sustaining Australia’s rate of economic growth above 3.25%, once the mining sector’s level of investment spending reduces during the next couple of years, is going to be a major challenge which will require a focus by the public and private sectors on productivity’. Discuss this statement, including an analysis of Australia’s GDP growth rate since 2000 and the drivers of GDP growth in Australia. What are the implications of your outlook on monetary policy settings? Name: 1,500 Student No.: Word Count: MGSM845:ECONOMIC CONTEXT OF MANAGEMENT Term 2, 2013 The Australian resources sector plays a vital role in the Australian economy. The resources sector is the largest contributor to merchandise exports, a major contributor to GDP, a major employer, a major contributor to government revenue and investment. Other benefits such as its contribution to rural and regional development and technological development and environmental research are also significant. Australia has experienced significant GDP growth since the early 2000’s, it has effectively been a two speed economy where the strong mining sector growth has been offset by the reduction in the manufacturing sector. Following the global financial crisis in the late 2000’s, the Australian government fiscal policy placed signi...
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...2002-05 2007 500 1 000 1 500 2 000 2 500 3 000 MAIN TRADING PARTNERS17 0 5 10 15 20 25 30 35 40 Exports by main destination (% share of total) 2004 2002 2005 Electricity Power Consumption Bangladesh South and Central Asia (avg.) LDC (avg.) 0 300 600 900 EU US Canada 2004 China India EU 56.1 26.2 4 2006 – – – 2006 – – – 2007 – – – 2007 – – – Imports by main origin (% share of total) 1 200 1 500 KILOWATT-HOURS PER CAPITA PRIORITY 2: COMPETITIVENESS14 Rank current index (out of number 175 exporters) 2005 2006 2007 0 25 50 75 100 125 150 175 13.9 11.2 10 TRADE COMPOSITION16 Share of main commodity group exports and imports Agricultural products Exports 2002-05 2006 2007 Fuels and mining products Manufactures n.i.e. PRIORITY 3: TRADE FACILITATION15 Number of days for trading across borders Exports Bangladesh South and Central Asia (avg.) LDC (avg.) 0 10 20 30 40 50 Imports 2005 2008 2002-05 2006 2007 0 20% 40% 60% 80% 100%...
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...Canada always values the strength of multilateral trading system and support trade liberalization and share membership in many multilateral economic organizations. These organisations include: the G-20, the Asia-Pacific Economic Cooperation (APEC) forum, the Organisation for Economic Co-operation and Development (OECD) and the World Trade Organization (WTO). The key drivers that foster the growth of world economies up to 52% over the last decade are: fallen barriers to trade, investment opportunities, rapid technological innovation, as well as globalization of products and markets. Canada’s major industries are playing a vital part in the country’s economic prosperity by engaging with overseas business activities. For instance, agriculture, forestry, fishing and hunting sector’s exports grew-up by 8.8% in 2004-2013. Moreover, energy products (oil, natural gas, etc.) are the...
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...2015 International Scene • The world economy is estimated to have grown by 3.3 per cent in 2014. • This growth rate is similar to the revised growth of 3.3 per cent in 2013. • This low growth was due to – persistent weak import demand from advanced economies, – slower expansion of global supply chains and – shifts in demand towards less import intensive products. 3 International Scene cont’d GDP Growth Rates and Projections for Selected Countries Country 2013 2014 2015* USA 2.2 2.2 3.1 UK 1.7 3.0 2.7 Japan 1.5 0.4 0.8 Euro Area -0.4 0.8 1.1 China 7.7 7.4 7.1 Uganda 5.8 5.9 6.3 Tanzania 7.0 7.2 7.0 Rwanda 4.7 6.0 6.7 Burundi 4.5 2.0 4.7 1.4 4.8 2.3 South Africa • Source: OECD and World Economic Outlook [IMF] *Projections 4 DOMESTIC ECONOMY Sectoral Performance 5 Agriculture • Agricultural sector in 2014 recorded a growth of 3.5 per cent compared to a growth of 5.2 per cent in 2013 • The Agricultural sector recorded mixed performance mainly attributable to erratic rains with some regions experiencing depressed rainfall. • The value of marketed agricultural production at current prices declined marginally from KSh 334.8 billion in 2013 to 333.2 billion in 2014. 6 Key Crops Production Commodity 2013 2014 % change 432.4 445.1 2.9 39.8 49.5 24.4 213.8 220.2 3.0 Maize (Million...
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...GSICS Working Paper Series Infrastructure Development for the Economic Development in Developing Countries: Lessons from Korea and Japan Byoungki KIM No. 11 November 2006 Graduate School of International Cooperation Studies Kobe University Infrastructure Development for the Economic Development in Developing Countries: Lessons from Korea and Japan Byoungki KIM Abstract Infrastructure is indispensable to achieve the main development targets in developing countries, such as urbanization, industrialization, export promotion, equitable income distribution, and sustainable economic development. Late developing countries can benefit from previous development experience provided they choose the right model1. However, the relationship between infrastructure and economic growth is still frequently debated. This paper will examine the experience of Korea and Japan in infrastructure development for economic growth to acquire some valuable lessons that infrastructure development contributes to economic development in developing countries. 1. Introduction The lack of infrastructure is hindering the economic growth in many developing countries2. Infrastructure investment has the effects of contributing to increase the productivity and it is expected to contribute to future economic growth in developing countries where infrastructure is still insufficient. Therefore, infrastructure development is one of the most integral parts of the public policies in developing countries...
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...MASTERPLAN ACCELERATION AND EXPANSION OF INDONESIA ECONOMIC DEVELOPMENT 2011-2025 R EPUBLIC OF I ND ON ES IA Doc. Wijaya Karya Masterplan for Acceleration and Expansion of Indonesia Economic Development © Copyright Coordinating Ministry For Economic Affairs, Republic of Indonesia Published by Editor Design by : Coordinating Ministry For Economic Affairs : Deputy Minister for Coordinating Infrastructure and Regional Development, Coordinating Ministry For Economic Affairs : IndoPacific Edelman First Published 2011 All Rights Reserved Coordinating Ministry For Economic Affairs, Republic of Indonesia Masterplan for Acceleration and Expansion of Indonesia Economic Development Jakarta: Coordinating Ministry For Economic Affairs, 2011 212 pages; 28 x 30 cm ISBN 978-979-3754-14-7 Masterplan aCCeleratIOn anD eXpansIOn OF InDOnesIa eCOnOMIC DeVelOpMent 2011-2025 Coordinating Ministry For Economic Affairs Republic of Indonesia 6 Masterplan P3EI Abstract Doc. Astra Otoparts Doc. Wijaya Karya Doc. Wijaya Karya Table of Contents Preface from The President of Republic of Indonesia Abstract Historical Breakthrough in the Making of MP3EI 1. The Self-Sufficient, Advanced, Just, and Prosperous Indonesia A. Preface B. Acceleration and Expansion of Indonesia Economic Development C. Indonesia’s Position Within The Regional and Global Dynamics D. Indonesia’s Potential and Challenges E. Acceleration of Economic Transformation - A New Way of Working...
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...Trends in manufacturing to 2020 A foresighting discussion paper Future Manufacturing Industry Innovation Council i Date: 30 September 2011 For more information, or to comment on the paper, please contact: Manager Future Manufacturing Department of Innovation, Industry, Science and Research GPO Box 9839 Canberra ACT 2601 Phone: (02) 6213 6000 Facsimile: (02) 6213 7000 Email: Futuremanufacturing@innovation.gov.au ii Future Manufacturing Council discussion paper: Trends in manufacturing to 2020 Table of Contents Executive summary ....................................................................................................................................1 Background.................................................................................................................................................2 Future Manufacturing Council................................................................................................................2 Defining manufacturing...........................................................................................................................2 Profile of Australian manufacturing........................................................................................................4 Trends to 2020 ... and beyond: Issues and opportunities for Australian manufacturing...................12 Terms of trade driving value and volatility of the Australian dollar and structural changes in the economy – an upside...
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...conduct. The History of Malaysian Industrial Relations Malaysian became incorporated into expanding European capitalism from the early sixteenth century. This inclusion evolved through mercantilism (1500-1850s) driven by Portuguese and the Dutch, colonialism driven by the British (a850s-1930s and 1945-1957) and the Japanese (1941-1945), post-colonial industrialisation (1960s) and ethnonationalist economic development (1971-present). A productive market economy was built during British colonialism with the establishment of capitalist plantation and mining export industries, based on immigrant Indian and Chinese labour. During the 1970s and 1980s the political-economic strategy sought to modernise the rural Malay population by providing jobs, housing and formal education in urban areas. In 1991 the Bumis (comprising Malays and indigenous populations) came to be the dominant Malaysian labour force in agriculture, forestry and fishing (72%), manufacturing (52%) and services (56%). Yet, in 1995...
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...Area -1,220,813 sq km Neighbours-Namibia in the northwest, Zimbabwe and Botswana in the north, and Mozambique and Swaziland in the northeast Caiptal -Pretoria (administrative); Cape Town (legislative); Bloemfontein (judicial) 1 Natural Resources Only 12 % of South Africa’s land area is cultivated 8 % is forested South Africa is the world’s largest producer of gold, Witwatersrand Gold is mined to depths below (10,000 ft) Diamonds are another important source of South Africa’s mineral wealth. diamond fields are located in the Kimberley area of Northern Cape. South Africa also has large reserves of chromite, vanadium, andalusite, manganese, platinum, nickel, and fluorite Cape of Good hope from cape point Climate South Africa enjoys a generally warm, temperate climate. Most of the country experiences light rainfall and long hours of sunshine Gamskapoortdam, dry lands, Little Karoo De Beers diamond mines, Kimberley Table Mountain, South Africa 2 Natural RegionsHighest peak-Njesuthi, a peak of the Drakensberg(11,306 ft). The plateau region – The High Veld (southern continuation of the great African plateau that stretches north to the Sahara. The Middle Veld The Bush Veld. Rivers and Lakes- Orange, Vaal, and Limpopo. The Orange is the longest, stretching about 2,100 km (about 1,300 mi). Washing sand for diamonds on the banks of the Vaal River orange river Baobab Tree, Limpopo, Musina 3 ...
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...COLLAPSE HOW S O C I E T I E S CHOOSE TO FAIL OR S U C C E E D JARED DIAMOND VIK ING VIKING Published by the Penguin Group Penguin Group (USA) Inc., 375 Hudson Street, New York, New York 10014, U.S.A. Penguin Group (Canada), 10 Alcorn Avenue, Toronto, Ontario, Canada M4V 3B2 (a division of Pearson Penguin Canada Inc.) Penguin Books Ltd, 80 Strand, London WC2R ORL, England Penguin Ireland, 25 St. Stephen's Green, Dublin 2, Ireland (a division of Penguin Books Ltd) Penguin Books Australia Ltd, 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd) Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi—110 017, India Penguin Group (NZ), Cnr Airborne and Rosedale Roads, Albany, Auckland 1310, New Zealand (a division of Pearson New Zealand Ltd) Penguin Books (South Africa) (Pty) Ltd, 24 Sturdee Avenue, Rosebank, Johannesburg 2196, South Africa Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R ORL, England First published in 2005 by Viking Penguin, a member of Penguin Group (USA) Inc. 13579 10 8642 Copyright © Jared Diamond, 2005 All rights reserved Maps by Jeffrey L. Ward LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA Diamond, Jared M. Collapse: how societies choose to fail or succeed/Jared Diamond. p. cm. Includes index. ISBN 0-670-03337-5 1. Social history—Case studies. 2. Social change—Case studies. 3. Environmental policy— Case studies. I. Title. HN13. D5 2005 304.2'8—dc22...
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...I. Investigate global market 1. Defining global market In the aspect of marketing, global market is the set of many foreign markets which include every available buyer or potential buyer of a product or a service. This concept allows international company forecast the capacity of the market in an effective way. A country’s overseas market includes foreign customer market, industrial market and government market. 2. Investigate global market Investigate global market is the process of gathering materials and information about target market, compare and analyze these information, to withdraw the fluctuation tendency of global market in every production lines, production groups to build a foundation to every business strategy of international companies To investigate global market, we must study the environment of the target market, more specifically, study about every details of the region of this market. The term Business Environment is composed of two words ‘Business’ and ‘Environment’. In simple terms, the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production, extraction or purchase or sales of goods that are performed for earning profits. On the other hand, the word ‘Environment’ refers to the aspects of surroundings. Therefore, Business Environment may be defined as a set of conditions – Social, Legal, Economical, Political or Institutional that are...
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...WHY AUSTRALIA BENCHMARK REPORT 2016 WHY AUSTRALIA 25 YEARS OF CONSECUTIVE GROWTH. A SMART, SKILLED WORKFORCE. A CULTURE OF INNOVATION. INTEGRATED WITH ASIA, EUROPE AND NORTH AMERICA. READY FOR BUSINESS. GROWTH INNOVATION TALENT LOCATION BUSINESS Australia offers a powerful combination of solid economic credentials, a highly educated labour force, legal and political stability, and proximity to the fast-growing markets of Asia. With a resilient economy, a AAA sovereign risk profile and diverse, globally competitive industries, Australia remains well placed to build on an impressive record of prosperity. Australia has strong business and cultural ties with Asia, and longstanding trade, investment and research links in Europe and North America. Recently completed free trade agreements will make Australia even more competitive and further increase prospects for greater two-way investment. There are significant commercial opportunities in sectors where Australia has specific strengths and expertise, such as agribusiness, resources and energy, and financial services. Australia’s north in particular offers untapped possibilities. Australia’s world-class scientific and academic institutions, and commitment to research and development encourage innovation and the commercialisation of new technologies. There is no better partner for trade, investment and collaboration than Australia. 01 SECTION GROWTH // // Economic...
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