The Underlying Profitability Of Importing American Books...

I. Introduction China Zhijian Publishing House, founded in 2010, is a company which mainly publishes Chinese publications and about 600 categories of new books can be published every year. The category of publications includes popular books, reference books, applied technology books, textbooks, medical electronic and audio-visual publications and so on. In addition, China Zhijian Publishing House had 2 readers services departments at Beijing and established 50 agent sites, and meanwhile, it had also achieved internet selling by applying online sales platforms. In recent years, China Zhijian Publishing House plans to bring American books into China markets, thus, some outstanding American books can be sold in China. This report is going to analyze the underlying profitability of importing American books into Chinese market through the aspect of culture and economy. II. Country’s Relevant History China is an ancient country with more than 5000 years of history. In the past, China experienced a series of wars before the founding of the new China, such as the Opium War, Sino - Japanese War, the Second Revolution, the Northern Expedition, Encirclement Campaigns, Anti-Japanese War and War of Liberation. China faced a series of severe wars, and never gave up any chance to fight with enemies. China is also an energetic country with a lot of ancient culture and history. In the ancient times, the literature of China was well developed in the ancient style. There are a lot of greatShow MoreRelatedWhat Factors Do You Think Attributed to Suraj Bhais Success? Was He Merely in the Right Place at the Right Time’’, or Are There Characteristics About Him That Contribute to His Success?9099 Words   |  37 Pages IN   OPERATION . 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Black Elk Speaks By John Neihardt - 1392 Words

Black Elk Speaks is a devised work some have debated to be a work of literature, a biography, an autobiography, and even an ethnography that has remained practiced in multiple academic disciplines. Black Elk Speaks was written by John Neihardt and published in 1932; Neihardt was not a literary or an anthropologist, but a poet and short story writer who wrote a multi-layered interpretation of a holy man’s life while failing to include portions of the story in order to advance the interest of his readers, ultimately making the meaning of the story his own. When the intended story was that of a holy man whose job was to hold the circle together through the power of a vision given to him and despite feeling as though he failed his people he†¦show more content†¦In order to receive such sacred information Neihardt had to become a tribal member; predictably Neihardt returned in the spring and through a series of rituals became adopted as Black Elk’s spiritual son ( Holler, 1984). On May 10th 1931 Neihardt began to learn Black Elk’s story, over a period of 18 days he sat with Black Elk while Black Elk’s son Ben interpreted the language between the two and Neihardt’s daughter Enid documented the conversation in short hand; forming the first few layers of possible bias in the work. Black Elk was a member of the Oglala Sioux and grew up during the beginning of the production of the Transcontinental Railroad. Black Elk first remembered hearing voices around the age of five, but did not have his first vision until he was 9 years old when he befell very ill. His vision constitutes for one of the longest chapters of the book; Black Elk describes being taken on a cloud to cloud world to meet with his six grandfathers. Each grandfather gives Black Elk an object that holds a specific power that will save his people: a cup, a bow, a pipe, and a red stick. He is told that he must remember what has been bestowed upon him for his people will face difficulties and great change. He is given visions of fighting, war, starvation, and people fleeing (Neihardt, 1972). Many have argued that Black Elk’s vision could also contain bias due to the fact that the story was told sixty years after the account and Black Elk’s story could

Dick Smith Case Study free essay sample

Strategic management and strategy is a key factor when trying to compete and the external and internal environment needs to be analysed to do it effectively. By using business level strategy Dick Smith can compete with its competitors and achieve its goal of being one of the main brands that Australians prefer to buy. Strategic management is defined as dealing with the major intended and emergent initiatives aken by general managers on behalf of owners involving utilization of resources to enhance the performance of firms in their external environment (Harrington and Ottenbacher, 2010). By using strategic management firms can gain a competitive advantage over other firms and compete with them. Blumentritt (2006) explains that strategic management is a process of beginning with a mission and vision. After its goals are set analysis and planning begins followed by implementation. An evaluation takes place at the conclusion. The nature of competition in many world industries is changing; there is a new landscape in the 21st entury. There is hyper competition like never before, technological advancements are at a high and investments are becoming enormous. Technology is constantly changing so businesses must adapt to stay up to date and use their resources wisely. Fleck (2008) talks about disruptive technologies and how they caused problems. He explained that disruptive technologies bring a new value proposition to the market and offer different features. The rate of technological improvements tends to be faster than the improvement demanded by customers. Ngamkroeckjoti and Johri (2003) describe hyper competition as rapidly scalating competition arising from strategic decisions made by global and innovative competitors. Dick Smith foods is in a difficult position as it is not selling its product as cheaply as international competitors, hoping that its Australian made product will appeal to Australians for them not to buy from overseas. With technology being so advanced to produce so much so cheaply, Dick Smith will struggle to appeal to a market who simply wants the cheapest product. Kefalas (2007) states that there are six sectors in the general business external environment hich must be considered when implementing strategy. He talked about the demographic, economic, socio-cultural, legal, technological and global sectors. As Dick Smith is concerned about products being bought from overseas instead of within the country, he is focusing on the socio-cultural aspect of the general environment. Another segment he would be researching would be global markets as he has to compete with all the cheaper alternatives. Mason (2007) talks about the five sources model of competition which includes threat of new ntrants, power of suppliers, power of buyers, threat of product substitutes and intensity of rivalry among competitors. Mason talks about products needing to be differentiated; products must be at competitive prices and must be unique in order to attract customer loyalty. Smith appeals to customers with its unique Australian branding but prices are not as competitive as cheaper alternatives from overseas. Customer loyalty would be crucial for Smith to stay competitive as this is why he created the brand, to appeal to Australians. He must also be ware of the rivalry among competitors, it is a popular industry but with his iconic brand name he can be unique from the rest. The external environment is very important to all businesses as they must know what they are up against, especially one that must compete with the world. Not only does the external environment need to be analysed but also the internal environment which relates to processes inside the business. Chen and Mohamed (2007) talks about the internal environment, how it involves resources, core capabilities and core competencies. Resources are described by Martin and Zaghloul (2011) as inputs into a firm’s production process. Capabilities are used to deploy resources and are based on developing the organisation through human capital. They also talk about core competencies and how they provide a framework that articulates professional skills and set benchmarks from which success can be demonstrated. Dick Smith uses its resources to outsource its products from other Australian businesses and then the Dick Smith label is presented on the product. This has caused controversy and critics state that all Dick Smith is oing is pushing out other Australian owned businesses. Willcocks (2011) states the obvious in that outsourcing is beneficial due to cost savings and greater value of the product overall. As Dick Smith products are already at a higher cost due to not coming from cheaper labour overseas, outsourcing is a crucial part to their production process. Corporate level strategy relates to product and market choices of a firm and business level strategy defines how well it deploys its resources in a given market when facing their competitors says Nandakumar, Ghobadian and O’Regan (2010). They also go on to explain about the different strategies such as differentiation, focus and cost leadership. Baack and Boggs (2007) describes these strategies as being vital as they are a result of environmental features but are rooted in the firm’s decision to pursue a broad or narrow target market and a uniqueness or cost competency. Dick Smith specifically focuses on the differentiated and focus strategies due to their appeal and focus on the Australian market. He makes his product different by purely being Australian and making it clear that it is not made cheaply verseas, keeping a lot of Australia’s labour force out of employment. This would also mean having a large focus on Australians and the target market of those who do not want to be replaced by international competitors. These strategies will appeal in the future as more products are moving overseas, it is a smart strategy that appeals to true Australians. Dick Smith is an Australian brand that needs to use strategic management as it needs to compete with much cheaper international alternatives. As the 21st century has become focused on technology and is hypercompetitive, Dick Smith must compete in an ever rowing world. He must be wary of the five sources, being aware of product substitutes and intensity of competitors. As well as being aware of these external factors he must focus on using resources wisely and continue outsourcing to reduce costs. Dick Smith is still staying competitive even though his profit has reduced considerably over the years. He uses smart business level strategies such as differentiation and focus to appeal to Australians as a group to keep jobs here. Overall Dick Smith has been competitive over the years even though competitiveness has been lacking recently.

Why did the Tsarist regime collapse in 1917 Essay Example

Why did the Tsarist regime collapse in 1917 Paper In order to analyse how and why the Russian monarchy based government collapsed in 1917, it is essential to look at the factors that undermined the regimes authority and power base. These factors, which this essay will look into, can broadly be divided into long and short-term factors. I will discuss the long-term factors firstly and then draw attention to the shorter term and immediate issues. The system of government that the tsar employed was an autocratic one, that is, one in which the reliance of rule is placed on one person. This system was looking increasingly outdated in the early twentieth century, as many of the European states, most notably Britain and France had long since abandoned their monarchs as sole despots. The growth of industry and the new social classes created by new economic conditions increased the gap between those who had money and power and those who had not. The demand for parliamentary democracy was growing from the enlarged middle classes and educated liberals. We will write a custom essay sample on Why did the Tsarist regime collapse in 1917 specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Why did the Tsarist regime collapse in 1917 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Why did the Tsarist regime collapse in 1917 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The personality of the incumbent Tsar, Nicholas undermined the future of a tsarist Russia. A problem with a hereditary system of power wielding is that power is forced upon and individual regardless of ability or will to perform the tasks presented. Nicholas was weak, hesitant and reactionary. He also found himself in a position where outsiders such as Rasputin could heavily influence Tsarist policies and decisions. The industrialisation of Russia, although not as comprehensive or widespread as that process in other European countries, still caused appalling working and living conditions for the working classes, or the proletariat as Marx called them. With no political voice to air their grievances, the lower social classes were increasingly hostile to the antiquated system of government. The increased growth of organised opposition to the Tsar weakened his hold on the reins of power further by creating a stronger voice for sections of society opposed to the monarchy, in particular in the cities and industrial areas. Certain short-term factors, such as the impact of the First World War on Russian society also helped lead to the demise of the Tsar. Despite causing an initial feeling of patriotism in Russia, as had happened in most other countries, the war caused immense economic and social difficulties that the regime found it immensely difficult to survive with. Food shortages, spiralling inflation and difficulties supplying the vast military machine of the Russian Empire created difficulties for Nicholas and his ministers. The experience of ordinary Russian peasants of the war; on the battlefield and on farms and in factories caused unrest and helped make them more receptive to radical political ideas and messages being advocated by certain groups such as the Bolsheviks and Mensheviks. The lack of scrutiny and opposition had caused the administration to become ineffective and bureaucratic and it founded it increasingly hard to operate with a significant degree of efficiency, which was essential in the wartime situation faced between 1914-17. Demonstration and unrest in the major cities, especially in the capital Petrograd were fairly commonplace as the war dragged on. These protests were more spontaneous than organised, yet this shows the significant expression of political sentiment of an uniformed and uneducated population. The armed forces, along with the population were also becoming disillusioned with the Tsar due to the series of military failures and empathy for the plight of the demonstrators. Because of this, many units supported the protests and refused to take action against them. The decision of Nicholas to abdicate and the lack of any replacement within his family finally caused the Tsarist administration to fold. Contrary to popular myth, it was not in fact soley the February revolution which had caused the regime to collapse, but it was in fact an amalgamation of factors, of which the impact of the war was most probably the most significant. Many historians believe that the regime would have collapsed when it did even if the revolution had not occurred or had been delayed. The lack of support from aristocrats in his government and irritated army generals made his ability to deal with the problems he faced in 1917 extremely impaired. By stripping the Tsar of his power base in the form of his cronies in the government and the army, he simply couldnt survive very long at all.