Wu Guanzhong is a contemporary Chinese artist was born on August 29, 1919 and died on June 25, 2010. His works emphasize form and artistic conception through a combination of western and eastern aesthetics. In general, western art focuses on objective and established facts. However, eastern art pays more attention to mood. Wu shows both aspects in his work. Furthermore, Wu explored how to make oil paintings fit Chinese nationalization and the modernization of Chinese Painting. To answer these…
According to the works of Richard Cantillon and Adam Smith in the 17th and early 18th century, innovation holds an important position in capitalism. In a market economy the basic economic problem (what to produce, how to produce, and for whom to produce) is solved by entrepreneurs on a trial-and-error basis. An entrepreneur is a person who pays known costs of production to exploit opportunities in order to maximize financial returns. Thus, entrepreneurship is associated with innovation: a really…
instead of spending more money on the same materials. For example, polystyrene is a common material used in the home appliance industry. With that being said, the Chinese government established a national polystyrene distribution and trade center in Zhejiang province. The advantages of this center are that separate suppliers aren’t permitted to randomly raise their prices. Due to the competitiveness amongst the suppliers, this consequently reduces the price level. Though polystyrene is used as…
Eating is not just meant to fill the stomach. It is an essential part of living, having food at one's disposal, being able to consume a decent amount of food, and knowing what and how to eat are all viewed as a good fortune. Chinese people believe to obtain physical as well as mental harmony and inner peace, a good meal is essential. After many difficult years of war and hunger, living standards in China are now as high as ever before and of course ingredients are also easier to obtain compared…
Kanamycin sulphate and rifampicin were purchased from Hangzhou Dayangchem Co., Ltd., Zhejiang, China. Acetonitrile and ethanol (High performance liquid chromatography, HPLC, grade) were purchased from Merck, Germany. Sodium dihydrogen phosphate, phenylisocyanate, triethylamine, orthophosphoric acid (analytical reagent grade) and silicone oil (viscosity 10 cSt) were purchased from Sigma–Aldrich, St. Louis, USA. Size 3 hard gelatin capsules were kindly donated by Capsugel Co., Ltd., Tokyo, Japan.…
A country with faster agricultural growth will require more agriculture input for supporting fast development (Avila & Evenson 2009). Based on this, the country which develops fastest will possibly import most agricultural tractors from the U.S. Thus, agricultural growth will be provided with a weighting of 4 due to its attribution agriculture tractors growth. As shown by Figure 4, most countries in Asia-Pacific region are enjoying favorable growth in agricultural sector. These countries include…
In late 1996, China’s leaders vehemently objected to Disney’s plans to distribute the movie ‘Kundun,’ Martin Scorsese’s film that told the story of Tibet’s exiled spiritual leader, the Dalai Lama, and China’s brutal occupation of that nation. Following the film’s release in 1997, China’s leaders made threatening statements concerning Disney’s future in their markets. Disney held firm on its position on the movie. “Disney’s potential business in China is infinite. But Disney has to decide whether…
Conclusion The multinatinal corporation is consisit of many relative independent subsidiaries, all of each focus on certain determined markets. Multinational company approach advice on significant differences between national markets, such as when reduce the scale economies, when company for activiting the cost among the parent company. It is vital issue for company to choose the proper strategy for entering a foreign country. The main problem of managers are to confront with each market which…