Major companies have been known to lay-off large portions of their labour force in favour of automated machines. For instance‚ the sportswear company Nike sacked 106‚000 of its factory workers in favour of machines. Similarly‚ Chinese company‚ Shenzhen Evenwin Precision Technology‚ replaced 90% of its 1‚800 factory workers with robots in 2013 . This trend shows no signs of stopping. In 2013‚ Oxford University published a paper which claims that advances in technology will put 47% of American
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messenger bag itself.” That would mean the plants in China are more valuable to the corporation’s financial needs to continue production. In Facing Economic Reality‚ Pia Sarkar states that “China’s fast-developing infrastructure‚ particularly in Shenzhen‚ has access to a rich supply of materials and the latest techniques in manufacturing because of the number of companies and factories there.” Penske Logistics’ Asia-Pacific also suggests that the corporation should only plan a full expansion after
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‘What? It’s you? You? The…the thief?’ Mum had an exasperated look on her face‚ with her body trembling. The story happened when I was eight years old. Mum had run a small store in Shenzhen since I was in kindergarten. I was glad about that since I could have a lot snacks for free. My brother and I always crushed for home after school. We asked for snacks such as ice-cream‚ candies‚ bubble gums‚ soft drinks… Usually‚ Mum only gave us the food which was badly packed or nearly expired. But
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“Made in China” Lonny “Made in China” is one of the most common labels one encounters in a shopping mall in the United States and Europe. If you take your bag out and look up the labels of all your stuff‚ you will find in fact that at least one-half of your belongings are made in China or assembled in China. Nowadays‚ some people experience the conveniences that Chinese merchandise brings and complain about
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Innovation in Human Resource Management in BYD Human resource management in BYD is aligned with its strategy on its manufacturing process and product improvement respectively. This leads to the innovative human resource strategy for two distinguished organizations‚ which are labor-intensive process in the BYD’s operating system and scientific research and development center. Following are the two significant differences in the HR strategy‚ with the aspects including trainings‚ salary‚ welfare‚ benefits
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China Germanium Market Trends‚ Size‚ Share‚ Research‚ Report 2018 Report Description Research on China Germanium Market‚ 2014-2018‚ focuses on the in-depth research on the market supply and demand‚ price trend‚ downstream demand‚ and business performance of key manufacturers as well as industry competition and industry chain. In addition‚ this report also analyzes the business performances of 7 key enterprises‚ including: Yunnan Lincang Xinyuan Germanium Industrial Co.‚ Ltd‚ Yunnan Chihong Zn&Ge
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THE CHINESE AUTOMOTIVE INDUSTRY Overview and Forecast 2003 heralded the coming-to-life of the Chinese automobile industry. Passenger car sales and production both eclipsed 75 percent growth rates‚ while automakers posted banner profits.6 Not unexpectedly‚ this market explosion prompted a bevy of new entrants‚ whose subsequent competition for market share reduced prices and drained the once limitless demand. Nevertheless‚ even with the fall from rosy profit margins and breakneck sales growth
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Hung Fook Tong also operates the first herbal chain store "Health Express" in MTR stations. In 2007‚ it launched a new concept store "Herbal Tea & Soup Square" to provide herbal tea drink and soup‚ and also set up its first herbal tea outlet in Shenzhen. In 2008‚ Hung Fook Tong has further enhanced its "feel-like-home" concept by the grand opening of "HFT Mall Square" in Paradise Mall. It is a 1‚000 square feet concept store conveying leisure‚ culture‚ arts‚ healthy diet and life style which brings
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The Importance of Strategy Most corporations would purport to have a well defined strategy which they have developed to take their business forward. Often however strategy is confused with operational planning‚ planning focused on delivering a more effective outcome for the business as it exists and not about positioning the company for the future. So widgets are made with ever increasing efficiency until the time comes when no one wants widgets like the company makes them any longer and
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Imagine a mother purchasing a Mickey Mouse plush for her ten year old daughter‚ unaware that across the world‚ someone was forced to create that toy. The seams were stitched together with bloody fingers‚ but the employee received no aid‚ only commands to keep working. That someone is underpaid and mistreated. That someone is a little boy or girl‚ only ten years old. He or she is the same age as the daughter of the mother who will purchase the toy constructed‚ unaware of the story that tells how
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