3. In the Chinese firework industry porters five forces weigh in extremely heavy‚ now there may not be a perfect way to control the industry and insure you are the top contender‚ but there are strategic alternatives that could help Jerry Yu and his future investment. The alternatives that could help would have to give jerry a competitive advantage which would overcome one or multiple external forces. Jerry Yu runs a chain of family owned gift shops in the U.S.; he could very well utilize
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report The Chinese fireworks industry has experienced significant change since China adopted "open door policy"‚ moreover‚ it has huge market share in the world’s fireworks market. But on the other hand‚ the Chinese fireworks industry also has fatal weaknesses. Therefore‚ whether to invest in this industry is still a considerable challenge to most investors. The objective of this report is to give some suggestions to Jerry Yu on his decision of the investment on Liuyang fireworks industry. Furthermore
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Informative Speech Outline COM 101 2216950 Topic: Fireworks General Purpose: To inform Specific Purpose: To inform about fireworks and their being. Thesis: Fireworks vary in many ways‚ such as type‚ chemical make up and strengths. I. Introduction A. Attention Getter: Do you like bright lights‚ loud noises and spectacular shows of different colors? B. Reason to Listen: Today I am going to tell all of you about something that I enjoy and excites
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The Chinese Fireworks Industry Revised: Introduction: Liuyang is a city known as “the home of fireworks and firecrackers” in Hunan province of China. Fireworks and Firecrackers have become the pillar industry of Liuyang‚ where 50 percent of total jobs are related to fireworks and one third of the total workforce lives in fireworks. Out of total 6458 fireworks manufacturers‚ 2702 are in Liuyang and 2144 in the surroundings of Liuyang. 89 % of total chines production of fireworks and firecrackers
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The Chinese Fireworks Industry Liuyang‚ a city in Hunan Province in China‚ is known as “the home of firecrackers and fireworks”. The fireworks making in Liuyang has a long history and tradition in China‚ and enjoys a high reputation in the domestic market. It was also the top fireworks exporter in the world‚ covering 60% of the global production. However‚ the fireworks market in China faced an intensified competition and several legal restrictions. Jerry Yu‚ who was running a small family-owned
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What is the Chemical Basis of Colour in Fireworks? Abstract: The purpose of the first experiment was to see the light spectra of different elements‚ and confirm that each element shows unique emission spectra‚ in terms of being able to identify an unknown substance. The analysis is expected to show that elements do indeed have unique emission spectra‚ allowing elements to be identified by their emission spectra. After burning different chemicals under a Bunsen burner‚ the colourful light was
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CHINESE FIREWORKS INDUSTRY Goals‚ Purpose and Significance of the Article To provide information regarding Fireworks Industry to investors that may help them in making decisions‚ shedding light on its tight market competition‚ production‚ safety‚ dispersal and previous market trends. Statement of the Article’s Research Problem While the Liuyang fireworks industry dominated the worldwide industry‚ Jerry had to decide whether he should invest in the one of the companies in the province. If he did
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Acme Fireworks Prospectus Jennifer Crawford BUS 311: Business Law I Instructor: Mark A. Cohen October 30‚ 2014 Acme Fireworks Prospectus Acme Fireworks is a fireworks retailer that sells fireworks‚ puts on ground display fireworks‚ and large aerial displays fireworks. Acme Fireworks has been a sole proprietorship since it began two years ago. At this time the owner is receiving inquiries as to Acme Fireworks ability to create fireworks displays on a regular basis. CITATION Rog12 \l 1033
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Fireworks are an integral part of all the significant celebrations around the world. Fireworks play an important role in the Independence Day Celebrations in the US. Though United States became independent in the year 1776‚ the fireworks were used for Independence Day Celebration in the US only on the 4th of July 1777. Facts about Fireworks Display of 4th July The fireworks used on 4th July are largely imported from China. Did you know‚ in 2011 Americans imported fireworks worth $233 million
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Case Title: The Chinese Fireworks Industry Executive Summary An organization can only improve its functioning‚ if it makes itself aware of its weaknesses and then acts to correct those deficiencies. The purpose of this case is to help Jerry Yu asses how attractive the fireworks industry is and to aid in his decision-makings of investment. This case is also conducted to diagnose the key issues that the company needs to address and to suggest alternative courses of action or give recommendations
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