Xian-Janssen Pharmaceutical (China) and the Euro How can the Chinese subsidiary of a multinational company both hedge its currency risks and still meet the sales and profitability objectives directed by leadership? Paul Young was the financial controller of Xian-Janssen Pharmaceutical Ltd. (XJP)‚ the Chinese subsidiary of the U.S.-based multinational‚ Johnson & Johnson. Paul was preparing for a meeting with his CEO‚ Christian Velmer‚ which would focus on the business plan for the coming
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Doing Business in China- A Legal Perspective [pic] [pic][pic] Introduction One of the oldest legal systems in the world is Chinese law. The Chinese Legal system is made up of Confucianism and Legalism. Confucianism is based on the Confucian philosophy of social control and moral education‚ and legalism based on codified law and criminal sanction. Since the 20th-21st century Chinese law became a mix of both traditional Chinese and western approaches. Even till this day
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A Case Study of KFC’s Cross-cultural Marketing in China Summary: In 2007‚ KFC had opened 2000 outlet stores in china‚ leaving rival MacDonald’s far behind‚ achieving high praise from Chinese consumers and defeating challengers again and again. From the perspective of cross-culture‚ this paper tries to analyze the marketing strategy of the American fast food chain stores in china and give multinational food and beverage companies suggestions. Key words: KFC‚ fast food‚ cross-cultural marketing
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CHINATOWN Jose Menjivar Intro to American Film and Culture Chinatown is a American neo-noir film‚ directed by Roman Polanski and starring Jack Nicholson‚ it was made in 1974. The film features many themes of the film noir genre‚ a multi-layered story that is part mystery‚ part psychological drama‚ the femme fatal character‚ and many more. It was released by Paramount Pictures. The story‚ set in Los Angeles in 1934‚ was inspired by the California Water Wars‚ the historical disputes over land
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Ancient China- Female roles Women in ancient China lived oppressed lives under the constant pressure to live and work by the rules and expectations set by the society around them. Women in ancient China were given no right to have a say in anything; not how much work they had to do‚ why they had to bind their feet‚ who they had to marry or why men were so superior. Nothing. Women were expected to do all the household jobs such as cleaning‚ cooking‚ preparing the ancestral offerings and child rearing
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key logistic factors that have made this company so successful in the apparel industry. In addition‚ after an overview of the outsourcing model in China‚ I analyze the costs and issues that Benetton has faced in moving its operations in Asia. Although there have been problems‚ Benetton is a clear example of a successful outsourcing process directed to China. Company overview Benetton is an Italian manufacturer of men ’s‚ women ’s‚ and children ’s casual wear‚ footwear and accessories founded as
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Foot binding originated in China during the reign of Emperor Yi Lu when one of his concubines with bound feet in the shape of a crescent moon danced for him on the points of her feet wearing lotus shoes. He was so enamored with her that she became his favorite concubine. The other women in his harem decided to follow suit‚ and the custom of foot binding was born (Foreman 1). The practice continued for dynasties to come and remained until the 1900’s (Lim 1). Eventually‚ the painful practice became
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“Back to China”: the Reverse Brain Drain in China Every autumn‚ American students are busy with applying for undergraduate or graduate schools‚ so are an increasing number of Chinese students. Chinese get to realize the significance of being transnational. “Transnational” means involving in many countries. Now‚ human capital‚ especially those who have international experience‚ is significant to the development of a country in the internationalized world. However‚ plenty of overseas students
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As one example‚ the ancient practice of Chinese foot binding as a beauty institution serves as an excellent model which exemplifies such immobilization of women. In attempting to decipher the bound foot‚ feminist dialogues have concentrated on its role in sexually objectifying women. Though valuable‚ this interpretation lacks a comprehensive understanding of the patriarchy which sustained foot binding and continues to sustain similar‚ modern-day
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MAKING CHINA BEAUTIFUL: SHISEIDO & THE CHINA MARKET I. Problem The Shiseido company is weak in understanding the market needs and is looking to create a strategy that will both increase global market share and reap success in the high potential Chinese market. II. Alternatives/Recommendations 1) Invest heavily in market research section in order to create market-driven products and services. a. Shiseido needs to consistently stay one step ahead when it comes to industry trends to
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