refrigerator company when Director Zhang came into force.At that time he did what he will be doing best in the coming years and signed a licensing agreement with German refrigerator company Liebherr. In 1986‚ Haier reached a profit of 1 Mio RMB. Altough there was a huge market demand‚ the company resisted mass production and continued to focus on quality and brand-building instead.The company’s target was to become a first-class brand. In 1991‚ Haier become China’s leading refrigerator manufacturer. In 1992
Premium Haier Economic growth
k in Lesson Four A Drink in the Passage Part One Warm up I. Questions 1.What do you know about South Africa? 2. What do you know about the situation in South Africa at the time the story was written? 3. Have you ever heard of the “apartheid”? What do you know about it? 4. What dramatic changes have taken place in this country since the time this story was written? 5. Has racism been a serious problem in human history? Is the problem resolved 6. Is it easy to detect the existence of
Premium South Africa under apartheid White people Apartheid
DETERMINANTS OF DEMAND The determinants of individual demand of a particular good‚ service or commodity refer to all the factors that determine the quantity demanded of an individual or household for the particular commodity. 1) INCOME Income is one of the factors that affect the demand for a given product. Normally‚ we expect that as one’s income rises (falls)‚ the demand for a product will rise (fall). Because we normally expect this to be true‚ a good for which this statement
Premium Consumer theory
Business Economics Case Number 6 Topic : Elasticity of Demand Objective: a) To apply the concept of elasticity of demand b) To correlate elasticity with decision making Part -I President Mr. Chatterjee of Indian Institute of Business Economics (IIBE)‚ India is concerned about the financial state of his institution. Last year there was a loss of Rs.1.5 million and the trustees are getting restless. Currently there are 1000 full-time students‚ out of that 700 are degree students from
Premium Costs Variable cost Cost
Hi-Energy Products Description: Consumers are increasingly looking to eat healthily‚ and this is reflected in growing demand for snack products perceived as nutritious. A new generation of snack products are emerging that contain new functional ingredients‚ use fat and sugar replacers and are developed with new cooking processes to make them healthier. Recent innovations include drinks to replace snacking occasions‚ satiety promoting products and vitality boosting snacks. It is these latest developments
Premium Snack food Snack foods Nut
Energy drinks have been increasing in popularity‚ especially among teens and children. Due to several articles in the media about negative health effects experienced by people who consumed too many energy drinks‚ some parents and school personnel have become concerned about their growing popularity specifically among teens and children. However‚ if you are aware of how much caffeine you are consuming‚ people of all ages can safely consume energy drinks in moderation. Caffeine is the primary ingredient
Premium Caffeine
a novel concept. Since the 1970’s when the US realized its vulnerability related to oil and its Eastern providers‚ we have sought energy alternatives (recession.org). This essay will review the concepts of supply‚ demand‚ quantity demand and price influence given the provided scenario wherein the demand for corn has increased due to usage as an alternative energy source. The essay will evaluate the effect of this on the substitute crop soybeans and how demand affects not only quantity but variety
Premium
HEALTHY EATING‚ HIGHER TAXES SHOULD BE IMPOSED ON JUNK FOODS AND SOFT DRINKS Husnu Yilmaz Istanbul Şehir University Over the past decades‚ obesity has become a serious problem that governments have to tackle.In fact it has been discussed for years but still there is not a certain solution to obesity.Governments and academists discuss it and provide information about the obesity epidemic but providing information is not enough‚ in some cases‚ to take notice and to care about the damaging outcomes of fast-food
Premium Nutrition
1. Assume there is a well-defined geographic area of a city. The area is composed exclusively of apartments and is populated by low-income residents. The people who live in the area tend to stay in that area because (1) they cannot afford to live in other areas of the city‚ (2) they prefer to live with people of their own ethnic group‚ or (3) there is discrimination against them in other areas of the city. Rents paid are a very high percent of peoples’ incomes. (a) Would the demand for apartments in
Premium Supply and demand
Supply and Demand: The Market Mechanism All societies necessarily make economic choices. Society needs to make choices about‚ what should be produced‚ how should those goods and services be produced‚ and whom is allowed to consumes those goods and services. For conventional economics the market by way of the operation of supply and demand answer these questions. Under conditions of competition‚ where no one has the power to influence or set price‚ the market (everyone‚ producers and consumers together)
Premium Supply and demand