...global-warming studies Frances Weaver predicts, “that rising temperature will reduce the [Colorado] rivers flow by 35 percent by 2050” (Weaver). The Colorado River will further decrease in size in the year 2050 because of the increase of global warming and climate change. This means that as the populations of major cities in the Colorado River valley increase, the water supply will farther decrease. This will make even harder to share the Colorado River's water in the future. Another occurrence that may happen in the future according to an analysis by Caroline Fraser is, “With climbing temperatures... the total area burned has tripled since the 1970s, and the annual number of fires over 10,000 acres is seven times what it was then” (Fraser). This means that as the increasing temperature from global warming and the drought increase so will the fires happening in the southwest. As areas of trees become drier than they have been, there will be a easier chance for them to be set on fire. Also because of the dryer climate the fire will have an easier time in turning in to an wildfire. Doyle Rice stated that, “Droughts are expected to become hotter, more severe, and more frequent” (Rice). What Rice is saying is that in the future droughts are going to be more extreme and hotter. If the temperature gets hotter then there will be an even...
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...ANALYSE THE OVERALL ATTRACTIVENESS IN FRANCE. benefits to invest in france The France Attractiveness Scoreboard is a comparative and objective analysis based on nine groups of economic attractiveness criteria, corresponding to those most commonly compared by business leaders. In contrast to international rankings based on composite competitiveness indicators and opinion surveys that provide patchy analysis far removed from the reality observed by investors on the ground, it provides comparative and objective analysis of the main criteria against which France's investment attractiveness can be judged. Structural advantages are fundamental to France's investment attractiveness The France Attractiveness Scoreboard demonstrates that France's structural advantages are fundamental to its investment attractiveness, and that the reforms underway are boosting the competitiveness of the French economy. France's key advantages are its market size and location, highly qualified and productive workforce, capacity for innovation and involvement in R&D, beneficial administrative and regulatory environment and high quality of its energy mix. Positive impacts of reforms already tangible The competitiveness and employment tax credit (CICE) in force since January 1, 2013 is already actively reducing labor costs. The French National Institute for Statistics and Economic Studies (INSEE) has reported a fall in the labor...
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...money was poured into research-focused businesses. Although France was famous for having world-class research and scientists, the so-called “biomania” around the globe had yet to hit France. French economy was at this time characterized of slow growth, low industrial investment and high unemployment rates. Thus, the environment for starting any new business was challenging. For biotech companies especially, which are usually in need for a large amount of cash in the early stages and having a long horizon until reaching profitability, it was hard to raise money. Although the French government had taken steps to stimulate the market by offering for example tax cuts on investments in research focused companies and offering government monetary support, it seemed that this was not enough to attract venture capitalists and other investors. The climate in France was very risk averse and the entrepreneurial spirit was low. Furthermore, there was a lack of competent management available. French scientists were looking for prestige and academic acknowledgement rather than bringing their research to the market and finding people that had the skill and will to do this for them was difficult. 2. One of Gensets competitive advantages in the biotech industry was the combination of a top French scientist, Marc Vasseur, and an experienced venture capitalist, Pascal Brandys. As noted, there was a lack of competent management in France, which made it rather unique for a biotech start-up to have...
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...Country Comparison Factbook France vs. Italy Wine Industry Group 16.4 Bram van Veen Caspar Leusink Muhammad Hafidz Randy Hardja Lecturer: Mr.Drs.HenkRitsema Contents Executive Summary 3 Introduction 4 Methods and Frameworks 5 Hofstede’s cultural dimensions 5 Porter’s diamond 7 Porter’s Five Forces Model of Competition 8 Introducing the Wine Industry 9 Overview of Wine Industry 9 French Wine Industry 10 Italian Wine Industry 11 Country comparison 12 Comparison of relevant macro-economic indicators 12 General economic indicators 12 Financial Health 13 Demographic Factors 13 Historical developments 14 Historical Background 14 Global Wine Industry Developments 15 Socio-cultural conditions 17 Cultural Diversity 17 Hofstede 18 Political and Governmental Systems 19 Legal Systems 21 Financial Systems 21 Labour Market 22 Industry Conditions 24 Supply Market Conditions 24 Demand market conditions 24 Threat of New Entrants and Substitute Products 25 Major players and level of competition 27 Level of Competition 28 Recommendations 28 Italy 29 France: 31 Recommendations: 33 References 34 Executive Summary The goal of this factbook is to provide potential investors with information on relevant dimensions regarding the wine industry in Italy and France. The factbook is comparing both of the countries using methodological framework and secondary data. The data we used are obtained through various sources. In the end, Italy is presented...
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...Introducing Victoria’s Secret in France By: Kaitlin McDonald Rachel Pelkey Milena Peneva Prepared for the partial fulfillments for the requirements for: IBMK-421-AE International Marketing Spring 2010 Table of Contents: Executive Summary Company Overview Assessment of Domestic Business Climate Purchasing Power Related Macro Level: GDP Related Sector & Industry Distribution Unit Level: GDP Related (per capita) Consumption Expenditure Budget Allocation French Buying Decisions Industry Specific Outlook: Lingerie and France Overview Buying Preferences Market Size Related: Population Growth Rate Age Distribution Birth Rate Sex Ratio Urbanization Migration Rates and Patterns Management of Economy Fiscal Policy: Government Budget and Debt Taxation Monetary Policy: Inflation Assessment of International Business Climate Exported Related Imported Related Government Policies toward Imports Foreign Direct Investment (FDI) Volume – Inflows and Outflows Trends Sectorial Distribution Government Policy toward FDI Balance of Payment Current Account Capital Account Official Reserve Position External Debt/ Debt Service Ratios Membership in International Organizations Demand Forecasting Entry Strategy Marketing Mix Strategies Product Channels Promotion Pricing Financial Outcome Executive Summary With a...
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...construction stage caused by technology challenges and risks from its partner EDF. As we mentioned before, The Hinkley Point C and Sizewell C plants will be based on EPR reactor technology, while the new plant at Bradwell will use CGN’s Hualong One Creator design. The EPR and Hualong one design are Third Generation reactors and they are designed to be safer, more powerful and more efficient than earlier versions. It's also meant to be easier to build. But so far the reality has been the opposite. Both of them are Third Generation reactors which are new technologies and do not have a successful example across the world. Wherever the new EPR is being installed - in Finland, France and China - the projects are beset by delays and massive increases in price. The first two EPR plants in Finland and France are both facing costly construction delays (to at least 2018). Other two units in China were to start operation in 2014 and 2015, but are now expected to come online in 2017. And delay means losing money and additional investment. For CGN, this is the first time to build nuclear power plant in a developed country. Whether this project can be finished successfully has a significant impact on its subsequent plants. Delays and cost overruns will have a negative effect for CGN to expand businesses to other countries. The resignation of such an important figure on the EDF board will make it much harder for the remaining executives to proceed with Hinkley in the short term. The...
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...EXPLORING FRANCE THE MOVABLE FEAST By Kathleen Peng regionsdefrance.wikispaces.com France is the third largest country in Europe. There are twenty-two regions and five overseas regions in metropolitan France. Paris is the capital of France, and it is the focal point of most trips to France. However, there are other regions such as Normandy, Loire River Valley, and Aquitaine that makes the trip both interesting and unforgettable. Paris Various types of sights and leisure to experience throughout the city of romance. goparis.about.com studentadventures.co.uk www.britannica.com carmellysweet.blogspot.com Normandy Visit the historical sites and appreciate the amazing medieval architectures and monuments. thebesttraveldestinations.com Loire Valley Along the Loire River area lies around 100 magnificent chateaux (castles) such as Amboise, Blois, Villandry, and Azay-le-Rideau. www.tripadvisor.com www.routard.com www.backroads.com Canoe down the Dordogne River Valley to see prehistoric cave paintings or taste one of the finest wines in the Medoc. Aquitaine www.viator.com www.tripadvisor.com Basic Information LANGAUGE| french CURRENCY| 1 euro = 100 cents TIME ZONE| gmt: +1 RELIGION| roman catholic CLIMATE| temperatures vary in certain regions of the country: • Paris – slightly warmer, around the 70s during summer and 40 degrees during winter. • Riviera – mid-80s in the summers and around the 50s in the winters. • Alps – winters...
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...wine company or an AOC, we believe that a national initiative along with industry-specific changes is necessary given the scale of the issue. We believe that implementing government-based recommendations will foster the changes sought with the industry-specific recommendations. Recommendations to the French government: * Create an initiative from the top by exploiting the long reputation of gold wine crafters and creating a national advantage: * Herve Gaymard, the French Minister of Agriculture, with the support and visibility of Jacques Chirac, President of France, should kick off a new initiative: La Renaissance du Vin Français de l’an 2003 (The 2003 French Wine Renaissance) with a new vision: “France, the gold standard in wine production with new innovations” (an old dog that's learned new tricks). Maintain the “French countryside small vineyard” value that separates France from the rest of the industry with a cooperative marketing strategy: * In 1991, the “French paradox” was very successful in increasing wine consumption across the board. 12 years later, an update that continues to show a relationship between wine consumption and...
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...EC3205-ECONOMICS OF INFORMATION BNP PARIBAS BNP is a French bank and financial services company with headquarters in Paris and a second global headquarters in London.it was formed through the merger of banque Nationale and Paribas in 2000 and is one of the largest banks in the world. Based on 2012 information BNP Paribas was ranked as the fourth largest bank in the world, as measured by total assets, by Bloomberg and Forbes. In 2013 BNP Paribas was awarded the bank of the year award by the international Financing review. “The IFR awards are a key industry benchmark and bank of the year is the top honour awarded.” Thomas Reuters, leading financial industry publication. Market structure Firms will maximise profits at the output level where marginal revenue =marginal cost. The fact of the matter is firms operate in a large variety of environments. These different environments are based on different market conditions that influence the behaviour of different firms in different ways. In order to analyse these behaviours, economists have identified characteristics that make some firms similar to each other and other firms different from one another. This has led to the study of firms based on four main market structures. * Perfect competition * Monopolistic competition * Oligopoly * Monopoly The features of each market structure relate to differences in the demand curves faced by firms in each category. The identifying characteristics for each type...
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...Jonathan Obregon BUS 570 - International Business Professor: Sand Due: October 10, 2013 Midterm - Atlantic Ocean Islands International Business focuses on a variety of topics which include understanding one’s host country environment, being sensitive to cross-cultural differences and being able to manage operations separated by the barriers of distance, language, time, and culture. By focusing and comprehending these topics, individuals and firms will help future international business economically and politically between countries. There are multiple countries and regions that practice international business. I will discuss several regions and islands within the Atlantic Ocean, and its emphasis on international business. There are several islands located throughout the Atlantic Ocean. Most of the large islands, such as such as the British Isles, Greenland, Newfoundland, and the main islands of the Greater Antilles, were once connected with the continents. Other islands, especially those far out at sea, were formed by successive eruptions of volcanic material far below the water's surface. Examples of such islands in the North Atlantic Ocean are the Faeroe Islands, the Azores, Madeira, the Canary Islands, the Cape Verde Islands, and Sao Tome. Islands of the South Atlantic include St. Helena, Ascension Islands, Saint Peter, Tierra del Fuego, and many more. Since there are so many islands located in the Atlantic Ocean, I will only discuss three of the primary islands...
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...services, goods, technologies, people, information, cultures, and ideas cross borders at. This paper will be analysing the effects of globalization on many aspects of France. Historically, France has opposed globalization and this disdain started gaining ground during the early 1990s as Europe was becoming integrated. The French feared globalization because they wanted to preserve their own rich culture, and because they saw globalization as another form of americanization and wanted no part of that. An example of this would be in 1999 when “a forty-six-year-old sheep farmer named José Bové was arrested for dismantling the construction site of a new McDonald’s restaurant in the southern French town of Millau. He acted, he argued, in protest against U.S. retaliatory trade sanctions against European products (notably, French cheese) and the uncontrolled spread of free market globalization. By attacking McDonald’s, and getting himself photographed in handcuffs in the process, the publicity conscious Bové was striking out at the symbol of U.S.-inspired globalization, a perceived threat to French identity and culinary traditions” (Gordon, 1). José Bové tried to stand up against a global corporation who was eating away at french culture, his ideals struck a chord and he became famous quickly, symbolizing the part of france that resisted globalization. Surveys done of public opinion showed that Bové’s message was popular and “in a range of polls 72 percent said they felt suspicious of globalization...
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...YANGON INSTITUTE OF ECONOMICS International Business Management Group Assignment (1) Submitted by Group (6) 9/19/2011 International Business Management, Group Assignment (1) September 19, 2011 1. What do you think motivated Disney to set up parks abroad, and what might be the pros and cons from the standpoint of the Walt Disney Company? Disney is motivated to set up parks throughout the world to expand its sales of merchandise goods as well as attendance to their theme parks. The management realized how successful they were in the US and that their resorts attracted a lot of foreign travelers. Realizing this allowed them to consider tapping into the global market, which would mean more profits and a more global company. In addition, with the expansion of the parks, Disney can play a role in spreading advertisements of their movies and the ideology that Disney is a Place of Dream and happiness. Disney is motivated to also acquire more resources by their expansion, for example, Disney wants to create a park in Shanghai so that it can facilitate in probably creating a Disney channel for the Chinese people. Lastly, Disney wants to minimize the risk of their parks in America in case they do poorly they can gain their profits in Asia or Europe. Pros from the standpoint of the Walt Disney Company can be shown the following. • Great reputation and worldwide brand recognition; lots of pride in making magic happen for guests and consumers. • • The...
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...Introduction----- The diamond model is an economics model developed by Michael Porter in his book The Competitive Advantage of Nations. In the mid-1980s, Professor Michael Porter of Harvard Business School developed the model to assess the competitiveness of regions, states and nations. It’s a model that attempts to explain the competitive advantage some nations or groups have due to certain factors available to them. Porter used a diamond shaped diagram to illustrate the determinants of national advantage. That’s why it is called the Porter’s diamond model. The body -------- Now we will use some examples to illustrate the determinants of national advantages. For example:- • Germany is associated with good car making • Japan is strong with respect to micro-electronics and cameras. • France is strong with respect to wine. • The UK (at least until recently!) was associated with a strong financial services industry The chart --- Factor conditions: Some countries enjoy natural advantages. For example, France starts with an advantage in the wine industry because of its climate and soil. Finland, however, is never likely to be good at producing wine. Germany has an abundance of iron ore, ready to be used in the car and other industries. Climate and natural resources are known as basic factors. In addition, countries can develop advanced factors such as their transport infrastructure, telecommunications, and educational system. Demand conditions: The first step...
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...The economic trust in the eurozone is shrinking for a second consecutive month The deterioration of the business environment is another argument for a new rate cut by the ECB The data from the European Central Bank regular research shows that the business environment in the eurozone worsened for a second straight month in April. The index of the economic trust in 17 countries, using euro, fell to 88.6 points this month compared with revised 90.1 points in March. Widespread deterioration. The most alarming signals are coming from Germany, where the pessimism has led to a decrease in the business climate with 2.3 points. The economic trust continues to decline in France and in Italy, which means that the three largest economies in the region cannot provide a basis for a recovery of the growth. Positive news came from Spain where the business environment has improved with almost 1 per cent, although unemployment hit a new record, and the government came up with a worse forecast for economic growth and budget deficit. Steen Jakobsen, main economist of Saxo Bank, said for Reuters that the situation is difficult and the market is already betting on a new reduction of the interests by the ECB to support the economy. He also mentioned that low interest rates will not solve the problems of the Eurozone and there is a need from structural reforms and a renewal in investment by the businesses. Changing the strategy. The sustainability of the German economy and the beginning reforms...
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...society in which it is operating especially when the business is growing and thinking about globalization. Organization’s performance and production is linked with enviourment, social, cultural and governmental variables. When an organization operates its operations in a particular community, due to the business processes there are some responsibilities to the organization. 1.1 Definition of Corporate Social Responsibility In general term CSR refers to: ‘The comprehensive approach which organization takes to meet the expectation of stakeholders by putting away such measures as revenues, profit and legal obligations. Community development, welfare, human rights and ethical conduct are key factors which come under the CSR umbrella’ (Laurie J. Mullins). I would like to discuss the CSR issues in Aviation Industry that’s why I have chosen Air France-KLM and Ryanair. 1.2 Air France-KLM Overview: Air France and KLM merged together in 2004 to form Air France-KLM Group while both airlines operate individually to retain their brands and identity (Air France-KLM CSR Report 2010). Air France was elected best airline of the year 2010 in Business Travel Awards (The Financial). Air France-KLM is the only airline which is selected in Dow Jones Sustainability Index in 2008.This group is the biggest in the whole world according to their profit growth which is €24.7 billion in 2008-2009 and €21.0 billion in 2009-2010.The passenger business, with €16.28 billion of revenues, makes the Group the...
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