China¡¦s GDP in 2004 growth by 9.5 percent to ¢G851,072 million and IT(information technology)¡¦s contributions account for 25 percent. It is predicted that the IT market will growth by 15.8 percent every year to 2009. Economists are curious to know how long will China¡¦s strong economy be. When the advantage of low labor costs in China will subside in the future, what will support its fast growing economy? According to China Internet Network Information Center (CNNIC)¡¦s 2005 report, 94 million internet user and half of them are using broadband connection.
In March, 2000, there were 304 million internet users, which were 5% of Global population; in March 2013, this number has grown to 2749 million, which were 38.8% of Global population (“Internet Growth Statistics”). By 2020, the number of global internet users is expected to quadruple to 4 billion, and most of these new users will come online using multiple devices (Nukala). Internet is so attractive because it provides luxuriant information and enjoyable entertainment to people. It seems that the internet coverage will keep expand. Online monetization and E-commerce have grown while internet was growing.
Puente also said the Internet?s trend will increase over 50% a year, and in a short while, Internet shopping will reach half of the shopping population (2E). The Internet is the answer for all of our shopping needs. It will provide a boost for our economy and continue to grow with our humanity. Sean Kaldor, the vice president of analytic services at NetRatings Inc. said, ?Two years ago was the attack of the ?dotcoms? ; last year was the revenge of the brick-an-mortars; this year is the year of the economy (Vogelstein 1bw).
Note: Data includes desk-based PCs, mobile PCs and X86 servers. Source: Gartner (July 2008) PC shipments in the United States reached 16.5 million units in the second quarter of 2008, a 4.2 percent increase from the same period last year. U.S. PC shipments actually accelerated during the quarter, despite continuing U.S. economic woes. However, this acceleration appears to have been achieved at the expense of revenues as vendors appear to have cut prices in response to those woes. "Home mobile PCs continue to have momentum in the U.S. market.
Marketing Plan We at M.I.L.F- Gistics aim to corner the Business to Business market for commercial logistics. Our qualifications include ISO 9002 certification, Better Business Bureau Certificate for five star Business to Business practice. We specialize in multi-resource transportation for many fortune five hundred companies and corporations. We have been in business since 1970 and since 1993 have been our markets number one choice in commercial logistics. We are coming off our best fiscal year to date, with sales revenue increases of more then 8 percent from the previous fiscal year; we closed our fourth quarter with sales revenue equaling out to 250 million.
TV and video equipment sales represent 22.9% of the share of the industry and computer hardware and software represents 21.9% of the share of the industry. The remaining share of the industry is divided between telephone/mobile phones, major appliances, audio equipment, small electric appliances and other. The key external drivers in this industry are per capita disposable income, external competition for the Consumer Electronic Stores industry, price of household appliances an... ... middle of paper ... ...educing the debt, less interest will be accrued. Best Buy paid $82,000,000 in interest payments in 2013. VII – Implementation Plan These recommendations should be implemented within five years because IBIS World states that the economy is slowly improving.
Expressing remittances as a share of GDP, it exceeds 10% of GDP in 22 developing countries; the top recipients of officially recorded remittances in 2012 were: India ($69 billion), China ($60 billion), the Philippines ($24 billion), and Mexico ($23 billion). Other large recipients included Nigeria, Egypt, Pakistan, Bangladesh, Vietnam, and Lebanon (World Bank, 2013). Globally, migrants pay an average cost of 9% to send money to their home countries. Reducing the average remittance price to 5 per cent, in line with the G8 and G20 targets, could save migrants up to $16 billion a year. Reportedly, 50% of remittances are sent through informal channels, doubling the official estimate (Cecilia, 2010).
Google’s Business Model Google generates the majority of its revenue by offering cost-effective highly relevant advertising. Google sites account for 66% of total revenues for the company. Google also networks and the networking brings in approximately 8.7 billion dollars which percentage wise is around 30%and last but not least the licensing and misc. ventures and projects account for the last 4% that’s left. In total the company sales were 29.3 billion dollars last year.
Now, lets take a look at the three companies. Oracle Strengths · Oracle Internet Procurement enables your organization to save up to 20 percent or more on everything it buys, while cutting the time required to place orders by 50 percent or more · Purchasing intelligence – create and monitor key performance indicators across your organization, examine... ... middle of paper ... ...ve a lot of power with companies that haven’t implemented Internet procurement services (because there is plenty of competition and there are substitutes). Suppliers have even less power with companies that are using a competitor’s solution. However, once a company has invested in a supplier’s Internet procurement services, that supplier then becomes relatively powerful. The customer then relies on the supplier for one of it’s most mission critical areas, obtaining supplies.
Companies are lured towards the savings obtained by hiring a programmer in India who would be paid $2500 per year whereas the same job would require a wage of at least $45000 in US. According to Forrester Research2, the percentage of offshore outsourcing for U.S. IT budgets took a leap from 12 percent in 2000 to 28 percent in 2003. It also says that around 3.3 million U.S. services jobs will move offshore during the next 15 years, led by the IT industry and also estimates that companies can save up to 50% by outsourcing abroad. Coca-Cola, for example, already outsources about 15 percent of its information technology work and plans to do even more to cut costs.