With their production facilities being located in the US the stability of the dollar can have an impact on the corporation in multiple ways. Weak dollar can decrease assets and ability to acquiring credit. Sales can be less profitable in foreign markets in comparison to foreign currency. T2 Intense competition .1 4.5 .45 Northrop Grumman 's key competitors are Lockheed Martin, Boeing, and Raytheon. With this competition job acquisition and profit margins can be reduced.
Meanwhile in America, there was a debate whether Washington would accept colonialism. In the 1970s most Americans rejected colonialism. But now, the people having non-colonial ideology had become aged and the new generation, like Roosevelt, were keen to be imperialist. The economic condition in America made this change. Lower sales of products had created economic depression which led lower salaries and endangered the life of middle class families.
First, politics in Apple’s major markets and its basis of operation will affect the company’s marketing activity. According to Price and Gilmore (2013), not only do more than half of iPhone sales come from outside America, but also, the company manufactures some its parts from countries such as China, Czech Republic, and Korea. As such, any bad political relations between the US and other countries are likely to affect Apple’s marketing operations and offering of its products in such markets. Secondly, economic factors such as inflation, recession, and dollar fluctuation will make Apple reevaluate its marketing process (King, 2011). Since most people perceive the iPhone as a luxurious gadget, inflation, recession, and dollar fluctuation may lead to reduced sales.
One characteristic that makes Japan different from other developed capitalist countries is that it has a very low percentage of foreign labor. Batram (2000) describes this as a “negative case” of labor immigration. In other words, Japan’s case is a contrast to European countries where the import of immigrants was loosened for a large amount of labor to maintain the economic growth. To cope with the lack of labor, rather than import the labor from overseas, Japan had used other solutions. The first solution was outsourcing the production to developing countries.
According to Farrer, M. (2016), the Bank of Japan surprised investors earlier this year when it announced a move towards negative interest rates in the hope of spurring investment and keeping the yen low. But the currency has instead surged, helped by a falling US dollar and the yen’s traditional position as a safe haven in times of concern about the global economy. When Central bank of Japan introduced Negative Interest Rate, they did not expect value of Yen will increase. Central bank of Japan expects currency depreciation happen, this is because they want foreigner to buy goods from Japan. With lower currency, foreigner will more willing to buy Yen and export goods from Japan.
Before that point, MITI had been able to keep the exchange rate artificially low, which benefited Japan's exporters. Later, intense lobbying from other countries, particularly the United States, pushed Japan to introduce more liberal trade laws that further lessened MITI's grip over the Japanese economy. By the mid-1980s, the ministry was helping foreign corporations set up operations in Japan. The decline of MITI was described by Johnstone: ... by the early 1980s, when Western analysts first became aware of MITI, the ministry's glory days were over. In 1979 MITI lost its primary instrument of control over Japanese firms — allocation of foreign currency.
A recent study showed that residents in Hong Kong, who had previously very little ties with Korea and had a negative view on South Koreans primarily due to the Korean Civil War and the growing tensions with North Korea, found that some of the reasons why one would be affiliated and attracted to Korean culture were; ‘It is suitable for my taste’ (28.9%), ‘It is in vogue’ (23.7%), ‘The level of access to the culture is easy because it is in Asia’ (19.1%), ‘There is something to learn from Korean culture’ (16.4%), and ‘It has less heterogeneity than Western culture’ (Samuel. S. Kim, et al, 2008). As South Korea is in a fixed position in general Asian society, it benefits from the luxury of fellow Asian counterparts taking an interest in their
Question 1: 1. In your opinion, what can Vietnamese higher education learn from American higher education? Support your answer by pointing out the strengths of American higher education compared to Vietnamese education regarding to quality assurance, curriculum, professional development, labor-market orientation and so on. In the age of globalization, it dawns on every nation that higher education is essential for its success and development. Vietnam is a country having suffered mightily from the ravaging wars in the late 20th century, and consequently lagging behind others in many aspects, especially in graduate education.
Some might agree with the belief that to live in the United States of America, that person should speak English, not just broken English, fluent English. Even though America has no official language, English is the most commonly spoken language in the US. Some consider it fairly important that if one is to live in America, then they must speak English but is this actually realistic? To make immigrants come into this “melting pot” country and demand they learn a new language seems a little demanding. While it does cost more money to finance things in English and other languages, the benefits for the non-English speakers outweighs the cost.
During mid of 2015, Goods and Services Tax (GST) has officially implemented by Malaysia government. This has brought a material impact to most of the business, including Bonia Corporation Berhad. GST has lower consumer purchasing power and affected their spending pattern. Due to the increase burden and limited budget of consumers, they are getting more watchful about their spending behavior, hence, company will be facing difficulty because of the unpredictable alterations. For the luxury brand like Bonia, result showed that customers will hold back their consumption in order to observe the price movement overtime.