Marketing in China - M.B., J.D., C.K., E.R.
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P&G's SK-II skin care product faced a crisis in China when it was banned for containing trace amounts of chromium and neodymium. This ban was likely politically motivated due to deteriorating Sino-Japanese relations rather than genuine safety concerns, as the ingredients were at similar or lower levels than competitors' products and SK-II was found safe elsewhere. P&G made the situation worse through an inconsistent return policy and denying the facts provided by Chinese regulators. To recover, P&G should rebuild trust with the government and customers through transparency, reformulation, special offers, and employee support while maintaining their commitment to the Chinese market.
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Summary:
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High commodity prices continue to benefit government revenues
India continues looks at ways to expand trade relations with Canada
Iran oil production has now hit pre-sanction levels
EMEA and USA continue to look at ways to wane EMEA off Russian oil and gas
Halifax port was sold a Singapore outfit
Merchandise Trade - Canada and the World.pptx
The increase came as imports of energy products gained 26.3 per cent for the month helped higher by imports of crude oil and bitumen as both prices and volumes rose. Imports of consumer goods rose 6.5 per cent, while motor vehicles and parts added 9.9 per cent.
Meanwhile, total exports rose 6.3 per cent to a record $63.6 billion in March as higher prices helped exports of energy products gain 12.8 per cent to a record $17.9 billion. Exports of motor vehicles and parts rose 7.9 per cent.
Excluding energy products, exports gained 4.0 per cent in March.
https://economics.bmo.com/en/publications/detail/21fe3df8-4b7e-4686-8766-d42eb0539c69/ and https://www.therecord.com/ts/business/2022/05/04/canada-posts-25b-trade-surplus-for-march-as-imports-and-exports-hit-record-highs.html
ppg industries 2Q06EarningsRelease
PPG Industries reported record sales and earnings for the second quarter of 2006, with net income of $280 million compared to $231 million in the second quarter of 2005. Sales increased 6% to $2.82 billion, surpassing the previous record. For the first six months of 2006, PPG recorded net income of $464 million on sales of $5.46 billion, an increase from $326 million in net income on $5.15 billion in sales for the first six months of 2005. The company's coatings and optical products segments grew over 10% in the quarter due to higher volumes, improved selling prices, and acquisitions.
Durable Goods and Capital Spending - USA - Durable Goods - May 2022.pptx
Summary:
Bookings for durable goods -- items meant to last at least three years -- increased 0.7% in May after a revised 0.4% advance a month earlier, Commerce Department figures showed Monday. The figures aren’t adjusted for inflation.
The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose 0.5% after a 0.3% gain a month earlier.
The median estimates in a Bloomberg survey of economists called for a 0.1% increase in orders for all durable goods and a 0.2% gain in the core figure.
The broad pickup in orders suggests capital investment was firm in May even as more recent manufacturing data have started to show signs of softening. Several regional Fed measures of economic activity deteriorated or outright contracted in June, including in New York state and the Philadelphia area.
S&P Global’s manufacturing output index also sunk into contraction territory, stymied by high prices, weaker demand and materials shortages. So did new orders.
Source: https://news.yahoo.com/us-durable-goods-orders-exceed-123853901.html
Geopolitics - Risk and Threats - Variants and Disease Management - August 27,...
The document provides an agenda for a presentation on geopolitical events and virus management by the World Health Organization and world governments. It includes topics such as inflation, stock markets, wealth, COVID cases and deaths, vaccinations, employment, GDP forecasts, and blogs on crisis management, supply chains, and preparing for future pandemics. It advocates for improved pandemic preparedness including annual audits of emergency management departments and the WHO.
Geopolitics - Risk and Threats - Variants and Disease Management - October 2...
Blog – Geopolitical Risks and Threats – Canada and the World
World continues faces threats from new viruses. More needs to be done to safeguard assets including fixing the healthcare delivery model
Not enough is being doing on promoting health and wellness programs as part of building up immune systems to fight off future viruses.
Gene and immune therapy can play a key role with the mitigation of future pandemics
All levels of government need to work together to address healthcare job shortages including adding expanding the spaces for doctors at medical schools. digital adoption, expansion of homecare and private clinics, certification of nurses, etc.
Essay On Cola Wars
1. The story depicts a fully automated house that continues operating through its programmed routines, unaware that a nuclear war has wiped out humanity.
2. The house represents the immense power that technology had gained over daily life. It is able to take complete control of mundane tasks like cooking and cleaning without any human involvement.
3. This reflects Bradbury's view that advancing technology could gradually strip away people's power and independence if allowed to completely dominate every aspect of life. The house's inability to detect the absence of humans shows how its power
Geopolitical Events|COVID19|Canada and the World| December 31, 2021
1. Hospitalization - https://ourworldindata.org/grapher/current-covid-patients-hospital?country=CAN
2. COVID Deaths - https://www.beckershospitalreview.com/public-health/us-coronavirus-deaths-by-state-july-1.html
3. Geopolitical risks - https://www.luminaegroup.com/top-geopolitical-risks-2022
4. Vaccination tracker - https://www.nytimes.com/interactive/2021/world/covid-vaccinations-tracker.html
5. New variants - https://www.healthleadersmedia.com/covid-19/who-warns-new-covid-variants-could-emerge-are-fully-resistant-vaccines-pandemic-drags
6. Omicron - https://www.deseret.com/coronavirus/2021/12/30/22858296/omicron-variant-symptoms-different-disease-covid-19-strains
7. Global GDP - https://www.foxbusiness.com/economy/economists-question-china-overtake-us-global-economy
8. GDP - https://www.foxbusiness.com/economy/economists-question-china-overtake-us-global-economy
9. Data and AI - https://academic.oup.com/clinchem/article-abstract/68/1/125/6490223?redirectedFrom=fulltext
10. Stocks - https://academic.oup.com/clinchem/article-abstract/68/1/125/6490223?redirectedFrom=fulltext
Merchandise Trade|Canada| December 2021
Summary:
Imports rose in eight of 11 product sections, led by electronic and electrical equipment and parts, while motor vehicles and parts imports reached their highest level since February 2020.
Exports were driven lower by energy products, which fell for the first time since April 2021.
Source - https://www.nasdaq.com/articles/canada-posts-surprise-trade-deficit-of-c%24137-mln-in-december
1. Canada trade - https://www.marketwatch.com/story/canada-posts-c-137-million-trade-deficit-in-december-271644328443
2. Oil asset sale - https://www.reuters.com/business/energy/exclusive-canadas-crescent-point-looks-sell-some-oil-gas-assets-documents-2022-02-07/
3. Oil asset sale - https://financialpost.com/commodities/energy/oil-gas/spanish-oil-major-repsol-looking-to-sell-parts-of-its-canadian-assets-sources-2
4. Methane - https://www.canadianenergycentre.ca/international-comparisons-show-canada-doing-its-part-to-reduce-methane-emissions/
5. Clean - https://www.mondaq.com/canada/renewables/1158746/good-start-but-more-to-be-done-the-international-energy-agency39s-canada-2022-energy-policy-review
6. Mining - https://www.sudbury.com/local-news/research-network-seeking-proposals-to-modernize-mining-industry-5035029
7. Lithium - https://ca.proactiveinvestors.com/companies/news/973374/critical-resources-strengthens-canadian-lithium-footprint-on-finalising-graphic-lake-acquisition-973374.html
8. Port capacity - https://www.newswire.ca/news-releases/prince-rupert-port-expansion-improving-canada-s-ability-to-move-critical-goods-and-supplies-892065707.html
9. Lumber - https://www.timberindustrynews.com/canadas-lumber-giants-expand-u-s-amid-fight-tariffs/
10. Gold - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-gold-developers-have-more-mines-in-the-project-pipeline-5030583
11. Oil - https://www.energyintel.com/0000017e-d4f0-da48-a97f-fdfa08170002
12. Labor costs - https://www.ibisworld.com/canada/industry-trends/industries-highest-labor-costs/
13. Australia - https://www.spglobal.com/marketintelligence/en/news-insights/research/australia-mining-by-the-numbers-2021
14. Rare Metals - https://www.kitco.com/news/2022-02-07/Global-rare-earth-metals-production-up-17-in-2021-as-production-in-China-jumps-20.html
Merchandise Trade - Canada and the World.pptx
In June, Canada's merchandise exports increased 2.0%, mostly on crude oil and gold exports. Meanwhile, imports rose 1.7%, mainly on energy products. As a result, Canada's merchandise trade surplus with the world widened from $4.8 billion in May to $5.0 billion in June.
Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220804/dq220804a-eng.htm
USA| Manufacturing| January 2022 and December 2021
Summary:
New orders for U.S.-made goods fell slightly more than expected in December, but manufacturing remains supported by businesses replenishing inventories.
The Commerce Department said on Thursday that factory orders decreased 0.4% in December. Data for November was revised higher to show orders increasing 1.8% instead of 1.6% as previously reported. Economists polled by Reuters had forecast factory orders slipping 0.2%. Orders increased 16.9% in 2021.
Manufacturing, which accounts for 11.9% of the economy, is being underpinned by businesses rebuilding inventories.
Source - https://money.usnews.com/investing/news/articles/2022-02-03/u-s-factory-orders-fall-in-december-shipments-rise-further
1. USA Manufacturing – https://www.yakimaherald.com/reshoring-manufacturing-might-be-washingtons-future/article_453dc45d-b050-58a8-9bf9-27a7d6a0c516.html
2. Manufacturing optimization - https://www.energy.gov/eere/amo/articles/department-energy-awards-28-million-10-projects-will-develop-emerging
3. AI and manufacturing - https://research.aimultiple.com/manufacturing-ai/
4. Robotics - https://austincountynewsonline.com/a-record-number-of-robots-joined-american-workforce-in-2021-amid-covid-labor-crunch/
5. Shortages - https://shopmetaltech.com/industry-update/u-s-manufacturing-grew-in-january-but-remains-plagued-by-bottlenecks.html
6. Food Production - https://manufacturingglobal.com/ai-and-automation/expect-to-see-these-food-manufacturing-trends-in-2022
7. Semiconductors - https://rollcall.com/2022/02/04/cost-to-rebuild-u-s-semiconductor-manufacturing-will-keep-growing/
8. PMI - https://www.investing.com/economic-calendar/manufacturing-pmi-829
9. Future of manufacturing - https://seekingalpha.com/article/4484370-future-of-manufacturing
10. Automotive - https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/industry/me-staff-20220204.html
11. Farm - https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/industry/me-staff-20220204.html
12. Automation - https://www.bmc.com/blogs/it-automation-trends/
13. Raw material - https://www.koreatimes.co.kr/www/tech/2022/02/419_21021.html?fa
Made in China 2.0
The report finds that China's export manufacturing sector continues to slow as headwinds both domestically and abroad intensify. Competition is expected to further increase this year while customer loyalty remains low. A lower price is the least important factor for customers considering new suppliers, suggesting manufacturers need to focus on quality over cost reduction. To survive in this challenging environment, the report argues exporters must strengthen knowledge of customer needs, develop more collaborative partnerships, and deliver tailored logistics solutions, as outlined in UPS's Made in China 2.0 reform agenda.
Geopolitics - Risk and Threats - Variants and Disease Management - October 1...
Blog – How to Mitigate threats of Geopolitical Events and Risks – (Future Pandemic) – October 17, 2022
Summary
The world continues to face many challenges related to geopolitical events and risks.
Global healthcare systems continue to face many challenges with their delivery model
More and more people want private homecare vs institutional healthcare.
Digital healthcare adoption continues to expand around the world
All levels of government need to have audited emergency and risk management plans. These plans should be tested on a quarterly basis as part of safeguarding assets and the protection of human lives.
Pg
The personal products industry has experienced steady growth over the past several years. Major competitors in the industry include Procter & Gamble, Unilever, and L'Oreal. P&G leads the industry in terms of revenues, following its acquisition of Gillette in 2005. The industry faces challenges from increasing raw material costs and changing consumer demands and regulations. However, opportunities for growth exist through expansion into emerging global markets and investment in R&D to develop innovative new products.
What is next for Commodities.pptx
Commodity prices continue to be volatile.
Canada needs to address tax and regulatory reforms as part of getting goods out of the ground to market.
China continues to make key investment in critical metals as part of their market leading position in battery production.
Geopolitical Risks and Threats - Pandemic and Other Risks - Canada and the Wo...
Summary:
World continues to face many challenges with a broken healthcare system. More needs to be done to mitigate the future impact of variants and pandemics.
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Canada achieved nearly $3B trade surplus for the month of January 2022
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Durable Goods and Capital Spending - USA - Durable Goods - May 2022.pptx
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Geopolitics - Risk and Threats - Variants and Disease Management - August 27,...
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Geopolitical Events|COVID19|Canada and the World| December 31, 2021
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Marketing in China - M.B., J.D., C.K., E.R.
- 1. A Marketing Nightmare: Procter & Gamble's SK-II product crisis in China Mary Bourke John Downey Conor Keaveney Evan Reid
- 3. Situation Analysis – Key points: Despite the ban, SK-II in its current form poses “low to no danger” to consumers. Although chromium and neodymium are found in trace amounts, this is similar to products made by competitors.
- 4. Situation Analysis – Key points: The cause of the crisis can be traced to a downturn in Sino-Japanese political relations.
- 5. Situation Analysis – Key points: Chinese state media had previously claimed that P&G were importing sub-standard products from Japan into China. (2005) China had also issued warnings of “tainted foods” suspected of coming from Japan. (Aug. 2006)
- 6. Situation Analysis – Key points: Procter & Gamble is a U.S. Company and was the only company targeted. Workaround of W.T.O. agreements using “Green Barriers”.
- 7. Sino-Japanese political relations during P&G crisis:
- 8. Situation Analysis – Key points: As SK-II was tested and found safe in Hong Kong and Singapore, this is proof that the cause of the crisis is political.
- 9. Situation Analysis – Key points: P&G's first mistake was to deny a fact already proven by China’s State General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ).
- 10. Situation Analysis – Key points: P&G's second mistake was poor customer relations: Inconsistent application of the return policy The “King Clause” Public confusion regarding the safety of SK-II products
- 11. Situation Analysis – Key points: In our opinion, P&G should have taken a financial hit on SK-II with a more straightforward return policy in order to protect their greater interests in China.
- 12. A Course of Action for SK-II: Rebuild Trust with AQSIQ: Open door policy with Chinese government Show plant in Japan (transparency) P&G need government sanction (natural ingredients)
- 13. A Course of Action for SK-II: Rebuild Customer relations: Bad publicity and public interaction Reformulation Carina Lau Special offers and trial samples
- 14. A Course of Action for SK-II: Rebuild employee relations: Bonuses Gifts of new product (promotion) Training to deal with customers
- 15. Should P&G withdraw SK-II? SK-II products are safe. Trace amounts of chromium and neodymium are found in many other products on the market (sometimes in amounts much higher than in SK-II). Political bias means that SK-II was not the real issue.
- 16. Should P&G withdraw SK-II? Focus on re-establishing product. Continued co-operation with government. Show commitment to Chinese people.
- 17. Damage to P&G: P&G employ over 6,000 people in China, 98% Chinese. SK-II is only one of P&G's many brands. Each brand will be viewed separately by consumers. Chinese people generally demonstrate no brand loyalty.
- 18. Conclusion: Our three-pronged approach will be noted favourably within the market and should result in minimal share price loss. Existing customers should also be satisfied and continue to support the company.