...canteens, and Clarita, by baking and decorating cakes during special occasions in Bicol --- when they decided to take their hobby one step further. A third sister, Maria Flor, suggested that they name the enterprise “Goldilocks“, after the character in a fairy tale, aiming to make it easier for children and their mothers to remember its name; and because it suggested luck and prosperity. Over the years, Goldilocks did prosper, but not due to mere luck. The sisters’ dedication, hard work and business sensibilities led to a second branch just two years after the pioneering outlet began operating. From ten employees and two display stands, Goldilocks has become a global brand, expanding to over a total of 250 stores in the Philippines and overseas; and hiring thousands of local employees. The opening day total sales of P574 back in 1966 has multiplied thousand of times over, reaching a system-wide sales of P5.9 billion by the end of 2007. THE MARKET For the most Filipinos, the Goldilocks fairytale has two versions: a golden-haired lass who encounters the three bears, and the bakeshop that has become an integral part of the Filipino way of life. Now on its 42nd year, Goldilocks remains that company and more. At the forefront of its industry, the company enjoys a substantial lead over competitors in all aspects of performance. National consumer surveys have consistently identified Goldilocks as...
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...OVERSEAS CHINESE TABLE INTRODUCTION: Defining overseas Chinese 4 UNDERSTANDING OVERSEAS CHINESE A. History and cultural background 1. Southeast Asia 2. North America 3. Europe 4. Chinatowns B. The reasons for immigrating abroad 1. Political reasons 2. Economic and social reasons C. Current status 1. Population distribution 2. Southeast Asia a. The overseas Chinese’s paradox b. The Indonesian case 3. The United States 4. Europe BUSINESS WORLD OF CHINESE A. Rise of Global Chinese Companies & Huaqiao B. Regional Analysis 1. Asia 2. The United States 3. Europe C. Size of Chinese Capital Worldwide SUCCESS OF OVERSEAS CHINESE A. The Business Style B. The Downside of their Business Style THE CHANGES IN THE OVERSEAS CHINSESE SOCIETY A. Old and New Generation: How are they Different? B. The New Business of the New Generation C. The New Trend in the Chinese Immigration CONCLUSION A. Future Outlook of the Hua Qiao B. The opportunity to work with Overseas Chinese: WCEC 2005 in Seoul Introduction Defining overseas Chinese Overseas Chinese are ethnic Chinese people who live outside of China. China, in this usage, may refer to Greater China including territory currently administered by the rival governments of the People's Republic of China and the Republic of China as per traditional definitions of the term prior to the Chinese civil war, or only to the People's Republic of China by some quarters. In addition, the government of the Republic of China granted residents...
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...Mandarin. People’s tastes are varied as well. People from the South prefer sweet, people from the North prefer salty, while Eastern people like spicy and Western people like sour. Legislative System China's legislation includes the legislation of the National People's Congress and its Standing Committee, regulation making by the State Council and its relevant departments, as well as the legislation of ordinary localities, ethnic autonomous regions, special economic zones and special administrative regions. There are four categories of Taxation in China. a). A turn over tax system on business transactions, including: Value-added tax; Consumption tax; Business tax b). Taxes on income, including: Income tax for foreign investment enterprises and foreign enterprises;...
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...OUTLINE: Topic - Impact of Migration: Focus on Philippines I. Introduction Ia. Defining Migration a.1 Kinds of Migration a.2 Who are Migrants a.3 Factors of Migration a.4 Reasons for Migration II. Review of Related Literature III. History of Migration and its Policies III.a. Migration Policies - Critique III.b. Statistics b.1.Number of Migrants b.2.Main destinations b.3.Occupations b.4.Sex b.5.Remittances III.c. Case Study c.1. Flor Contemplacion c.2. Angelo Dela Cruz c.3. Rodelio “Dondon” Lanuza IV. Impact of Saudization to Filipino OFWs V. Impact of Migration V.a. Impact of Migration to the Sending State a.1 Positive effects a.2 Negative effects V.b. Impact of Migration to the Receiving State b.1. Positive effects b.2. Negative effects VI. Implication of the Effects to the Philippines (Actions made to combat negative migration effects) VII. Implications of Migration to the Youth - Youth Migration VIII. Migration and Filipino Family Life, Society and Culture VIII.a. Effects on the family of an OFW VIII.b. Migration and Filipino Society IX. Solving Migration Problems X. Conclusion I. Introduction What is migration...
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...1 INTRODUCTION Nigeria as a nation is a democratic country with over 170 million people. With a presidential system of government. It comprises of 36 states and 777 local government area. The connection between Nigeria and China dates as far back to 1971. At the same time when penning this thesis the president of Nigeria is in china to expand this relation. The Chinese Ambassador in Nigeria, once said sometime last year that China and Nigeria have longstanding relations that dates back as far as 45 years. Nigeria is China second biggest trade partner in engineering in Africa. It supposed that by the end of next year our relations of trade will be as high as $13 billion China is still to build a world renowned company like General Electric and Apple. The impression most of the foreign countries have of china is that their business men and entrepreneurs are out to gather wealth, rather than for business strategy, innovation and style of administration. But yet china has one of the most effective business management approach in the 21st century. The Chinese administration cannot be like the Japanese six sigma or invent new management technique, but offers more skills of business management than companies more occidental could offer. The Chinese businesses offer administration's common imperatives: responsiveness, improvisation and flexibility. These competencies supplies them a critical facet. The Chinese Companies have discovered to handle differently over the past 30...
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...Foreign Policy Research Institute FOOTNOTES Vol. 16, No. 06 The Newsletter of FPRI’s Wachman Center June 2011 THE RISE OF CHINA’S ECONOMY By Thomas G. Rawski Thomas G. Rawski, Professor of Economics and History, joined the University of Pittsburgh's faculty in 1985 after fourteen years at the University of Toronto. His research focuses on the nature and implications of recent developments and long-term changes in the economy of China. He delivered this paper at A History Institute for Teachers, March 19–20, 2011 on “China and India: Ancient Civilizations, Rising Powers, Giant Societies, and Contrasting Models of Development,” held at the University of Pennsylvania. This History Institute was co-sponsored by The Foreign Policy Research Institute’s Wachman Center as well as by three centers at the University of Pennsylvania – Center for East Asian Studies, South Asia Center, and Penn Lauder CIBER (Center for International Business Education and Research). 1 China’s remarkable economic boom, now in its fourth decade, has spawned numerous discussions of “China’s Rise.”2 Beijing’s self-congratulatory slogan “China’s peaceful rise” has advanced this theme. From a historical perspective, however, this terminology seems misplaced. Both the Ming (1368-1644) and Qing (1644-1912) empires occupied key positions in Asian trade and diplomacy. Crude figures compiled by Angus Maddison, author of several sweeping studies of global economic history, show China contributing nearly one-third...
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...Motivations for Chinese overseas graduates returning home The number of Chinese overseas students has been increasing at a dramatic rate, especially since the early 1990s. The “going abroad heat” has never slackened among mainland China’s young people. China is the world’s second largest economic entity and Chinese people are getting better off with the globalization and opening reform, thus studying abroad is no longer mysterious and unachievable for the average families in China. In contrast, the “return-to-China heat” wave has caused the “American Dream” to fade rapidly among young Chinese who are now casting their eyes towards their motherland. Kellogg(2012) concludes that surveys conducted in 2001 and 2005 of Chinese students enrolled at American universities showed that the intention to return home after graduation is indeed rising.(p.83-104) Chinese contemporary economics, especially social economics, is giving more and more attention to such factors as manpower and talent. Wang (2004) states that the New York Times estimates that this large-scale reflux of talent will be a major phenomenon in China in the next decade.(p.7-11) So, an analysis of the incentives for international graduates returning back to China reveals that the tangible benefits offered by the Chinese governmental policies as well as the intangible benefits in a form of psychological satisfaction are the two main aspects of the returnees’ motivation. China is becoming the largest...
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...Google v. China: the Chinese government reacts By Nate Anderson | Last updated January 19, 2010 12:58 PM [pic] The Google/China story has enough legs to qualify as a "centipede" at this point. After saying that it would no longer censor Chinese search results and that it was ready to pull out of China, Google also admitted to being the victim of a sophisticated cyberattack that went after more than 30 companies. The immediate aftermath of the announcement was a media feeding frenzy—and that was before the Chinese government's various departments even began reacting to the news. Now that they have, it's clear that Google and China are on a collision course, and that the US government is ready to get involved on Google's side. If you've had difficulty keeping up with the story, have no fear: here's a roundup of the news you need to know. Twists, turns, and U-turns An inside job? It's little more than an anonymously sourced rumor at this point, but Reuters says that insiders from Google's own Chinese office may have been involved in the cyberattack on the company. Chinese sources have reported that Google China was cut off from Google's internal network last week while Google security staff investigated the allegations and secured the network. It's for your own good. The Chinese government doesn't look ready to back down from its censorship requirements, and was never likely to do so in such a public way. The government has reaffirmed its need to "guide" the...
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...operated based on arts and culture, hoping to enhance the diminishing humanities in Taiwan. Eslite now owns 48 branches, and is highly experienced in establishing them. The number of employees is about 1,200, and annual sales are about 1 billion dollars. It not only provides people with a comfortable atmosphere to read, but also blend in the element of fashion and trend into the bookstore. In spite of the bookstores, Eslite also owns 2 stationary stores, 5 concert halls, and 2 children bookstores. Eslite is well operated by compound management, including publishing, art exhibitions and even Tearoom. Because of its positioning and targeting customers, most of the branches are located in the urbanized areas. In 2012, Eslite established the first overseas branch in Causeway bay, Hong Kong. It is a spacious and quiet bookstore with more than 230 thousand books. It’s now the biggest bookstore and the one with most book collections in Hong Kong. Moreover, it will soon open in China at Soochow 2014. Assessment of Potential Market: Southeast Asia Most of the books in Eslite are Chinese; as a result, we want to expand to a market with lots of Chinese people: the Southeast Asia (See Exhibit 1&2). For the increasing consuming power in Chinese market, we plan to enlarge our expansion to the Southeast Asia. We think the prospect of Eslite in south East Asia is brightening. 2 ESLITE IN...
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...International Marketing Management (IBU5MKG) [pic] Title : International Marketing Plan “Monster Energy Drink” Lecturer : Mr. Mike Turner Student : Ekapon Srisittichaikul - 15996703 Kasemvit Lohitkul - 15954478 Mengxi Xu - 15999067 Hsieh Hsinng-Jen - 15942765 Yaxian Tang - 15707254 Shuqing Zhang - 15498769 Hanjie Mei - 15619403 TABLE OF CONTENT Executive summary………..……………………………………………………...............……...3 Political system……………………..…………………………...……………..…...…………….5 Legal system…………………….……….………………….................................................……7 Economic statistics and activity…………….……………...……………….........…..………….8 Geographical setting……………………………………..…...…………….…..........................14 Social environment…………...………………...........................................................................15 Cultural environment…………...………………......................................................................19 Technology…………...……………….......................................................................................22 Trading infrastructure…………...………………....................................................................24 The market…………...……………….......................................................................................27 The company………...………………………………………………………............................31 Statement...
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...LANDBANK OF THE PHILIPPINES HISTORY * August 8, 1963 LANDBANK was established as part of the Agricultural Land Reform Code, or Republic Act No. 3844 to help with land reform, especially the purchase of agricultural estates for division and resale to small landholders and the purchase of land by the agricultural lessee. * In 1965, LANDBANK's by-laws were approved and its first board of trustees was formed, with the Secretary of Finance as chairman. * In 1988, LANDBANK became the financial intermediary for the Comprehensive Agrarian Reform Program (CARP) * February 23, 1995, LANDBANK's charter was once again amended. Its authorized capital was increased to nine billion pesos and it became an official government depository. LANDBANK OF THE PHIL; * The Land Bank of the Philippines is a government financial institution that strikes a balance in fulfilling its social mandate of promoting countryside development while remaining financially viable. * The profits derived from its commercial banking operations are used to finance the Bank's developmental programs and initiatives. * LANDBANK also ranks among the top five commercial banks in the country in terms of deposits, assets, loans and capital. * Its special focus is to serve the needs of the farmers and fishermen. * It is an official depository bank of the Republic of the Philippines. * It is one of the biggest government-owned and/or controlled corporations in the Philippines. * Its...
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...Economic and Trade Relationship Between China and Africa Since the founding of the People’s Republic of China, China and Africa have developed a long-standing friendship. This is evidenced by the cooperation in political, economic, and cultural areas. They have created a new type of strategic partnership based on political equality and mutual trust, economic cooperation and cultural exchanges. China has demonstrated respect for African countries by actively encouraging cooperation and providing aid between Chinese and African businesses. With china being the largest developing country and Africa being the continent with the most number of developing countries, their trade and economic relations have not only played a significant role in promoting their respective progress, but has also helped to win the attention and support of the international community to Africa's development. Currently, China is one of Africa’s most important trade partners. In this essay, I will endorse the understanding of China and Africa’s relationship. When the founding of the People’s Republic of China occurred in 1949, it also marked the initiation of China-Africa trade and economic relations. While African countries fought for national liberation and China worked to safeguard its own sovereignty and territorial integrity, they both supported one another by friendship and mutual trust. They laid a good political foundation for their future growth of trade and economic relationship...
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...economic opportunities abroad. TEDA has a great opportunity to establish quality relationship with China, which will be beneficial and convenient since China is a rising economic country and we have to take advantage of that increasing our connections. The main idea is to bring the attention of the Chinese to work on a number of projects, in other word bringing foreign investment. Creating a reciprocal relationship with them so that they can benefit as well as the company itself. Projects include exporting Louisiana seafood to high-end Chinese restaurants, hotels and grocery stores. TEDA is an organization with straightforward goals, which can be found in their online website www.tpeda.org/Goals. The main focus of TEDA is the seafood industry but they are open to other industries to expand, become a big business and enhance competitive advantage with the local community as well as internationally. TEDA wants to increase sales and exportation, they will have to look for a way were they could reach the maximum amount of possible consumers, different target markets. Not only that, they look forward to bring investment from China to improve the seafood industry, being one of the finest in shrimping and oyster production, therefore building a reciprocal beneficial relationship with...
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...Fogel, Lawrence Technological University ABSTRACT China is an emerging economy that offers lot of market opportunities for foreign investment. Although the country has a huge potential for economic growth offering access to a large market and considerable savings in labor costs, caution must be used due to differences in the political and cultural environment that create risk and pose uncertainty for foreign investors. This paper examines the economic, political, and cultural factors that influence business practices in China. INTRODUCTION After more than a quarter century of reform and opening to the outside world, by 2005 China’s economy had become the second largest in the world after the United States when measured on a purchasing power parity (PPP) basis (World Bank, 2009). The Chinese government has a goal of quadrupling the gross domestic product (GDP) by 2020 and more than doubling the per capita GDP. A widespread market economy mechanisms and some reduction of government role has been evident since 1978. The government fosters a dual economic structure that has evolved from a socialist, centrally planned economy to a socialist market economic system, or a “market economy with socialist characteristics.” The rapid industrial development has been achieved by increasing technological advancements, huge foreign direct investment and productivity increases. People’s communes were eliminated by 1984, after more than 25 years, and the system of township-collective-household...
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...Clinical Psychology Review 28 (2008) 1152–1166 Contents lists available at ScienceDirect Clinical Psychology Review Gambling among the Chinese: A comprehensive review Jasmine M.Y. Loo a,⁎, Namrata Raylu a,b, Tian Po S. Oei a a b School of Psychology, The University of Queensland, Brisbane, Queensland 4072, Australia Drug, Alcohol, and Gambling Service, Hornsby Hospital, Hornsby, NSW 2077, Australia a r t i c l e i n f o a b s t r a c t Despite being a significant issue, there has been a lack of systematic reviews on gambling and problem gambling (PG) among the Chinese. Thus, this paper attempts to fill this theoretical gap. A literature search of social sciences databases (from 1840 to now) yielded 25 articles with a total sample of 12,848 Chinese community participants and 3397 clinical participants. The major findings were: (1) Social gambling is widespread among Chinese communities as it is a preferred form of entertainment. (2) Prevalence estimates for PG have increased over the years and currently ranged from 2.5% to 4.0%. (3) Chinese problem gamblers consistently have difficulty admitting their issue and seeking professional help for fear of losing respect. (4) Theories, assessments, and interventions developed in the West are currently used to explain and treat PG among the Chinese. There is an urgent need for theory-based interventions specifically tailored for Chinese problem gamblers. (5) Cultural differences exist in patterns of gambling when compared...
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