The Relationship between HDI and Businesses Human Development Index is abbreviated to HDI. According to "Human Development Reports", "The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone." Besides, HDI is a powerful weapon for stimulating government policies. HDI consists of three parts: a long and healthy life, being knowledge and have a decent standard of living. However, some questions of inequalities, poverty, human security, etc, are not be considered in the HDI. Nest, Canada, USA, China, Korea (Republic of) and the UK will be compared with each other, and obtain some useful information. First, I want to compare five countries …show more content…
This condition can create a good environment for Huawei to market their products. Besides, the Chinese government also support and offer opportunities for the telecommunication industries. According to Ahrens (2013), " The government in Beijing adopted an explicit policy of supporting domestic telecommunications manufacturers and restricting access to foreign competitors." It means that Chinese government begins to focus on developing the private economy. To a certain extent, this approach of Chinese government plays an important role in the development of Huawei. Besides, "Labor Contract Law of the People 's Republic of China" (2012) stated that government protect every worker 's labor rights and improve the minimum salary through legislation. This is an effective legal protection. However, some companies ' like Huawei costs are rising. It brings a big challenge for Huawei. The Economic Environment According to "Human development reports", China HDI index is increasing. It means that people 's standard of living has increased. Moreover, people have more and more disposable incomes. In addition to, electronic products has become an indispensable part of life. It let market demands become more and more. All of them become favorable factors for promoting the development of Huawei. The Sociocultural
Deng Xiaoping felt that the quickest way to build a better China was to improve living conditions immediately, to give people the level of morale they need for further development. At that time, he realized that China’s economic need to reform; he found very effective ways to reform the China’s economic. His goals were to open up the China’s market to the outside world, breaking down the collective farms, getting rid of state-run enterprises and providing more jobs for people in the industry. He found that the most important thing was the modernization of agriculture because 80% of the population derived their living primarily from agricultural production. The new contract responsibility system allowed farmers to rent land for individual farming families. Farmers had to sell a certain percentage of their crops to the State with the State’s price, and they could sell the remaining for their own profits. This system had helped the rural income to be doubled (Benson, 47). It marked a successful modernization of agricultural.
MCI Case Analysis INTRODUCTION MCI is at a critical point in their company history. After going public in 1972, they experienced several years of operating losses. Then in 1974 the FCC ordered MCI's largest competitor AT&T to supply interconnection to MCI and the rest of the long distance market. With a more even playing field, the opportunities to increase market share and revenue were significant. In order to maximize this opportunity, MCI requires capital.
What 's more, the new competitors always can drive innovation in the mobile phone industry. Because if the new competitors want to success in the industry, it has to have something different with other brands to attract the consumers, and this different thing symbolizes innovation in the mobile phone industry. Xiaomi, as a successful new entrant in mobile phone market in 2011, is a good example. According to IDC, in October 2014, Xiaomi was the third largest smartphone maker in the world, following Samsung and Apple Inc. and followed by Lenovo and LG. The smartphone that Xiaomi release is much cheaper than other smartphones, which contain high configuration as Xiaomi did. What Xiaomi has done, is to substantially eliminate the significant 20 percent to 25 percent cut retailers or distributors typically get, and pair that with the vision of earning profits from accessories and web applications within its eco-system (MIUI) instead. Because of the new consciousness of forging greater margins from the phones itself, they carve out a substantial market in a short time and become an effective competitor for the existing
Finally apart from showing the monetary value of goods and services produced in a country alone it doesn't tell us anything about the living standards in the country. A second indicator is the Physical Quality of Life Index, this has compiled life expectancy, infant mortality and adult literacy. This ranges from 0 to 100, and a country with an ... ... middle of paper ... ... g the development of the country, and so they remain at the first traditional stage of the scale.
The Human Development Index rates each country with a score between 0 and 1, with 1 being the most advanced, globalized country. Factors that are involved in determining a country's HDI are gross domestic production per capita, life expectancy at birth, adult literacy, and the number of persons enrolled in educational institutions. In 1975, Peru's Human Development Index was 0.643. By 2003, the Human Development Index had risen more than one tenth to 0.762. The substantial increase in Peru's HDI is a clear indication that globalization has made a positive impact.
... indexes like Canadian Index of Wellbeing (CIW), Gross National Happiness (GNH), and Genuine Progress Index (GPI) for it.
This paper provides the relevant knowledge of international business to examine and analyse the key issues for Huawei in its business and the international market place. Firstly, a brief introduction of Huawei will be given and its main drivers in emerging markets will be presented under the theory of foreign direct investment (FDI) before showing its entry mode. Then, there will be a discussion about the core external environmental issues that Huawei underwent when it operated its business in emerging markets: India and South Africa. Next, it looks forward to justifying the key opportunities and challenges when it moves in to India and South Africa. After that, Huawei’s international business operations with the evaluation of its company structure as well as control mechanisms will be specified. This part includes a section that how human resources management (HRM) impact its international business operations. At the end, the suggestions of external environmental issues need to be coped with in the future will show before drawing a conclusion.
From 2007 to 2011, the iPhone, 3G and 4 helped Apple sustainably positioning them self in the smart phone market. By creating a strong brand name of not only provide the most powerful device with full of latest technology (iTunes, smartphone with cameras, Face time, tough screen, high definition screen, etc.) but also make their customer’s life easier and better. As Steve Jobs pointed out that “market share wasn’t everything”, by outsourcing manufacturing Apple design their manufacturing efficiency which lower their cost; by historically paid attention to research and development, Apple spent a lot of money on their R&D investment year after year, which made them have the ability to innovation from concept to market. They know what customer want and design base on that.
The results I received from the HPI survey I undertook revealed successful results displaying that I have a great wellbeing; I believe that is it better personally for me to see my wellbeing. The difference to the tables from the HPI, is the tables compare countries to each other where the HPI, is only a personal results comparing each individual person. Even though the tables compare the same indicators, the difference is really who it is comparing
China's development is praised by the whole world. Its developments are not only in the economic aspect, but as well in its foreign affairs. Compared with other developed countries, China is a relatively young country. It began constructing itself in 1949. After 30 years of growth, company ownership had experienced unprecedented changes. Entirely, non-state-owned companies can now be more involved in sectors that used to be monopolized by state-owned companies.
This report is mainly based on the case study Emerging Nokia, using the frameworks and concepts we have learned to analyze the case. This report is divided into 5 parts, first is the summary of the case, the second part is about the competition Nokia faced, the third part is the factors that contributed to the success of Nokia, then the challenges Nokia may face in China and the recommendations to them and the last part is the conclusion of the report.
...s proven to be a key part of Shenzhen’s manufacturing development and contribution to the country’s GDP (China Knowledge Press, 2004). The manufacturing industry has played in integral role in Shenzhen’s economic boom, however these advances have come at a cost to society (Passport, 2013). The moral implications for such growth must be considered when examining the extent of the city’s success, as social consequences have been incurred. The poor conditions that workers are exposed to in some of Shenzhen’s manufacturing companies can be seen as an example of the social penalties of economic achievement in China. Chan’s (2010) insight into the discrimination of workers further supports the need for Government regulations to be more strictly enforced. Overall, the industry success of the city of Shenzhen renders it an exemplary case study for economic growth.
In international parlance, development encompasses the need and the means by which to provide better life for people in poor countries and it includes not only economic growth, although that is crucial, but also human development like...
The Problems of Defining Development Development is very difficult to define as it has a wide range of meanings and has therefore been used in a variety of ways, by different people or organizations at different times. For example, geographers will link development with improvements in human welfare. e.g. greater wealth, better education and health. Many geographers will measure development in terms of the countries HDI (Human). Development Index.
Economic development typically involves improvements in a variety of indicators such as literacy rates, life expectancy, and poverty rates. Due to the fact that GDP alone does not take into account other aspects such as leisure time, environmental quality, freedom, or social justice; alternative measures of economic well-being have been proposed. Essentially, a country’s economic development is related to its human development, which encompasses, among other things, health and education. These factors are, however, closely related to economic growth so that development and growth often go together.