Market Environment for Li Ning •Li Ning is operating in local market‚ competing with International brands (viz. Adidas‚Nike) •More than 50% of active Chinese sport population is from Tier 2 & 3 cities •Market is poised for exponential growth in next 2 years (owing to Beijing Olympic 2008) •The household income for 70% of families of active sports teenagers (14-24 yrs) is less than RMB 4000. Li Ning is mainly operating in this segment. •60% of Active sports population is students : 45% University
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This paper will answer the case discussion questions on Li & Fung. Summarize the strategic and operational challenges facing global managers illustrated in the selected text. At one time many of LI & Fung’s customers performed their own logistics and purchasing functions in-house. Now they outsource those functions to Li & Fung because they are experts in the supply chain management for its 350 or so customers‚ providing the convenience of one-stop shopping for raw material sourcing‚ production
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Li & Fung is an export trading company from Southern China that was founded back in 1906 by Fung Pak-Liu and his partner Li To-Ming. Li & Fung grew from a traditional export trading company to global supply chain management company it is today. After the passing of Liu‚ To-Ming decided to sell his shares. After both graduating from Harvard‚ Fung’s sons‚ Victor and William took over the company in 1974 and moved it to Hong Kong. The Fung brothers were both highly intelligent individuals. They
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grew up in an atmosphere where there is a certain level of humility‚ love of speech‚ from where he also searched for wisdom and understanding. Li-Young Lee’s poems are very beautiful and meditative. The way that Lee captures love & longing‚ subtle forms of love‚ nuances of parental relationships‚ and the physical world is amazing. Li-Young Lee’s poetry in the book‚ Rose‚ has a depth of sadness and reflection that makes it meaningful and thought provoking to the reader. Lee
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Operation Gothic Serpent (OGS)‚ the manhunt for Mohamed Farrah Aidid (MFA)‚ leader of the Somali National Alliance (SNA)‚ commenced on 3 October 1993 and ended on 4 October 1993. Task Force Ranger’s (TFR) mission targeted the so-called Black Sea slum district‚ near the Bakara Market‚ to capture two of MFA’s key lieutenants near the Olympic Hotel. On the afternoon of 3 October 1993‚ Helicopters carrying assault and blocking forces launched around 1530 from the task force compound at the western
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with different people throughout his/her life. A child learns to protect his siblings‚ to respect his mother‚ and to look up to his father. However‚ depending on what has happened between the child and the other person. In the poem “A Story” by poet Li-Young-Lee‚ he uses the third person point of view and structure of the poem to define the complex relationship of a son and his father. Children are known for becoming entertained very quickly as well as getting bored easily. “Sad is the man who is
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The May li massacre was a terrible circumstance and an event that happened March 16th 1968 during the Vietnam War‚ in which American soldiers rape‚ pillage and killed unarmed Vietnamese civilians in a small village‚ the result was worldwide outrage. As the three companies (Charlie Company)‚ led by Lieutenant Calley entered the village and started firing at the villagers that included women‚ children and elderly as well as raping the young women‚ LT Calley himself put a enormous amount of villagers
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A Comparative Analysis on Five Versions Translations of “Still night thoughts” by Li Bai Abstract: Based on comparative analysis of 5 English versions of Li Bai’s “Still night thoughts”‚ the paper attempts to make a study of Chinese to English poetry translation. Since poetry is a special form of art in that poetry presents profound meaning and intensive emotions by means of various imageries and scrupulous selection of words‚ translators not only need to have a good command of both two languages
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Researchers routinely choose an ◊-level of 0.05 for testing their hypotheses. What are some experiments for which you might want a lower ◊-level (e.g.‚ 0.01)? What are some situations in which you might accept a higher level (e.g.‚ 0.1)? An alpha level of 0.05 is arbitrary and was set as a standard by scientists. One of the key concepts in hypothesis testing is that of significance level or‚ the alpha level‚ which specifies the probability level for the evidence to be an unreasonable estimate.
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Li & Fung is a Hong-Kong based company that provides value-added services across the entire supply chain. Li & Fung has been operating for about a century. It was founded in Guangzhou‚ china‚ in 1906 by Fung Pak-Liu and Li To-Ming. Li & Fung was a family owned business until the 1970s where it transformed into a public company that is professionally managed. The Li & Fung Group is an international group specializing in exports sourcing‚ distribution‚ and retailing. In August 2000 Li & Fung invested
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