1. The US economy remains large and productive, continuing to attract labor worldwide seeking opportunities.
2. However, rising inequality and costs of living in the US threaten its image as a land of opportunity for all.
3. While social mobility has declined in recent decades, the US still offers greater chances of social and economic advancement than many other nations.
The US is likely to remain an attractive destination for global workers seeking new opportunities, but internal economic and social challenges could weaken its image as a universally accessible "land of opportunity" if left unaddressed. Maintaining openness while enhancing equity and inclusion will determine whether it can preserve this reputation in
The document describes a new economic model proposed by James M. Marshall. The model aims to address declining manufacturing jobs and the shrinking middle class in the US. It proposes bringing manufacturing jobs back to the US and employing all willing and capable workers at a living wage. Goods would be produced to meet consumer needs. The government would print money needed to support this self-sustaining economy and high employment, eliminating the need to borrow from other countries. The goal is for the US to become self-sufficient and put its citizens and society first.
The document discusses the growing divide between those with and without a four-year college degree in the United States job market. It notes that the unemployment rate for those with a four-year degree is 4.2% compared to the overall 9% national unemployment rate. Nearly all of the 700,000 jobs created in the past 12 months required a college degree. Employers are finding it difficult to fill positions that require college-educated workers like engineers and accountants. The gap between employment growth for those with and without a college degree has widened significantly over the past decade.
Is Outsourcing Exploitation or Chance for Developing Countries? Anıl Sural
This document appears to be a graduation thesis written by Anil Sural on the topic of whether outsourcing is exploitation or a chance for developing countries. It discusses globalization and the rise of multinational corporations operating in low-cost countries like China. It defines outsourcing as using international labor and supplies to reduce costs. While outsourcing saves money for businesses, it can negatively impact domestic workers through job losses and pay cuts. The document also examines conditions for outsourced workers in China, debate around insourcing jobs back to the US, and perspectives from both the US and Chinese governments.
MRI Network - First Friday Update for March 2011Joe Jiamachello
This document summarizes recent economic developments in three locations:
1) The United States sees an increasing divide in unemployment rates between those with and without a 4-year college degree, as employers focus on hiring college-educated workers. The unemployment rate for degree holders is 4.2% versus the 9% national average.
2) The Philippines has experienced strong economic growth driven by its business process outsourcing industry. The BPO sector now employs over 350,000 people and contributes more to the economy than India's outsourcing industry. This is helping drive the rise of a new middle class.
3) Wisconsin faces tensions from efforts to address its budget shortfalls through measures like changes to corporate taxes
Perfectessay.net essay sample #2 chicago styleDavid Smith
Cyndia Zwahlen writes that job cuts may continue into 2010, as both mid-sized and large firms shed more employees due to the ongoing effects of the recession. While smaller organizations have been able to avoid major job cuts so far, unemployment is expected to rise further in the coming year. The recession has also impacted state governments, with California borrowing $2 billion to pay back reimbursements owed to small businesses. Unless steps are taken to stimulate economic growth, high unemployment rates may persist into 2010 and beyond.
This document provides an overview of economic concepts including needs and wants, goods and services, factors of production, different types of economies, supply and demand, gross domestic product, unemployment, inflation, and alternative energy sources. It discusses how the United States has a mixed economy and covers topics like the national debt, oil production/consumption, and different views on drilling for oil in Alaska.
Changes and concussion in the global labor force (A brief look on the Israeli...IJMREMJournal
Many economies in the world are undergoing changes as a result of the shocks caused by globalization in the
local labor force. These changes must answer orderly government, and as the national mechanism will "wake
up" Earlier, this country less affected in the rapid globalization which taking place all over the world. This
article presents the advantages and disadvantages of this, and gives a brief picture about the state of Israel
The document describes a new economic model proposed by James M. Marshall. The model aims to address declining manufacturing jobs and the shrinking middle class in the US. It proposes bringing manufacturing jobs back to the US and employing all willing and capable workers at a living wage. Goods would be produced to meet consumer needs. The government would print money needed to support this self-sustaining economy and high employment, eliminating the need to borrow from other countries. The goal is for the US to become self-sufficient and put its citizens and society first.
The document discusses the growing divide between those with and without a four-year college degree in the United States job market. It notes that the unemployment rate for those with a four-year degree is 4.2% compared to the overall 9% national unemployment rate. Nearly all of the 700,000 jobs created in the past 12 months required a college degree. Employers are finding it difficult to fill positions that require college-educated workers like engineers and accountants. The gap between employment growth for those with and without a college degree has widened significantly over the past decade.
Is Outsourcing Exploitation or Chance for Developing Countries? Anıl Sural
This document appears to be a graduation thesis written by Anil Sural on the topic of whether outsourcing is exploitation or a chance for developing countries. It discusses globalization and the rise of multinational corporations operating in low-cost countries like China. It defines outsourcing as using international labor and supplies to reduce costs. While outsourcing saves money for businesses, it can negatively impact domestic workers through job losses and pay cuts. The document also examines conditions for outsourced workers in China, debate around insourcing jobs back to the US, and perspectives from both the US and Chinese governments.
MRI Network - First Friday Update for March 2011Joe Jiamachello
This document summarizes recent economic developments in three locations:
1) The United States sees an increasing divide in unemployment rates between those with and without a 4-year college degree, as employers focus on hiring college-educated workers. The unemployment rate for degree holders is 4.2% versus the 9% national average.
2) The Philippines has experienced strong economic growth driven by its business process outsourcing industry. The BPO sector now employs over 350,000 people and contributes more to the economy than India's outsourcing industry. This is helping drive the rise of a new middle class.
3) Wisconsin faces tensions from efforts to address its budget shortfalls through measures like changes to corporate taxes
Perfectessay.net essay sample #2 chicago styleDavid Smith
Cyndia Zwahlen writes that job cuts may continue into 2010, as both mid-sized and large firms shed more employees due to the ongoing effects of the recession. While smaller organizations have been able to avoid major job cuts so far, unemployment is expected to rise further in the coming year. The recession has also impacted state governments, with California borrowing $2 billion to pay back reimbursements owed to small businesses. Unless steps are taken to stimulate economic growth, high unemployment rates may persist into 2010 and beyond.
This document provides an overview of economic concepts including needs and wants, goods and services, factors of production, different types of economies, supply and demand, gross domestic product, unemployment, inflation, and alternative energy sources. It discusses how the United States has a mixed economy and covers topics like the national debt, oil production/consumption, and different views on drilling for oil in Alaska.
Changes and concussion in the global labor force (A brief look on the Israeli...IJMREMJournal
Many economies in the world are undergoing changes as a result of the shocks caused by globalization in the
local labor force. These changes must answer orderly government, and as the national mechanism will "wake
up" Earlier, this country less affected in the rapid globalization which taking place all over the world. This
article presents the advantages and disadvantages of this, and gives a brief picture about the state of Israel
This document summarizes key economic indicators for the US economy through 10 graphs. It shows that Canada and Mexico are the top export and import partners. The unemployment rate peaked at 10% in 2009 during the recession but has fallen to 5% in recent years. The population pyramid shows an aging population. Real GDP has grown each year except 2008-2009, while inflation has remained around 2% and the US has maintained a high level of economic freedom. The US runs large trade surpluses for aircraft, agriculture and raw materials. Public debt as a percentage of GDP has risen from around 60% before the recession to over 100% in recent years.
Business Economics of US is studied where its market and growth from past to present and future challenges to the growth is covered such as depression and debt problems.
The Native American name controversy is an ongoing dispute about the changing terminology used to refer to the indigenous peoples of the Americas and broad subsets of these peoples, such as those sharing certain cultures and languages by which more discrete groups identify themselves (e.g., "Algonquin-speaking peoples", "Pueblo-dwelling peoples").
Some Europeans have called Native Americans "redskins" or, more commonly, "Red Indians." This is partially based on the color metaphors for race which colonists and settlers historically used in North America and Europe, and also to distinguish Native Americans from the Indian people of India. Such terms are considered pejorative, especially if used by non-Natives. It is similar to the fictional, and also pejorative, expressions "pale face" or "pale skin", which some fictional Native characters call white people in Hollywood movies and other Western fiction written by non-Natives. Different individuals may hold differing opinions of the term's appropriateness; there is a National Football League team named the Washington Redskins, and the Redskins serve as the mascot of some schools, including Red Mesa High School on the Navajo Reservation in Teec Nos Pos, Arizona.[39] However, Native Americans have been protesting the use of these names since the 1970's.
The term "Red Indians" was also more specifically used by Europeans to refer to the Beothuk, a people living on Newfoundland, who used red ochre in spring to paint not only their bodies, but also their houses, canoes, weapons, household appliances and musical instruments.
The US economy grew at an annual rate of 3.9% in the first quarter of 2014 according to preliminary GDP data. Several economic indicators released this week support the improvement seen in the GDP data, such as durable goods orders, services PMI, and manufacturing indexes. The document predicts continued growth in the US economy and income, noting that wages and salaries are improving.
The US economy grew at an annual rate of 3.9% in the first quarter of 2014 according to preliminary GDP data. Several economic indicators released this week support the improvement seen in the GDP data, such as durable goods orders, services PMI, and manufacturing indexes. The document predicts continued growth in the US economy and income, noting that wages and salaries are improving.
The document discusses life and culture in America during the 1920s. It describes how urbanization led more Americans to live in cities, with New York City home to over 5 million people by 1920. Urban life was considered anonymous and pleasure-seeking compared to rural life seen as safe and moral. One clash between rural and urban areas was Prohibition, supported by rural religious groups but opposed by city dwellers, leading to bootlegging and organized crime. Overall, the 1920s saw social changes like women gaining independence, the rise of new media and popular culture, but also a growth in racism exemplified by the resurgence of the Ku Klux Klan.
The document summarizes the economic boom in the United States during the 1920s. It provides details on:
- Factors that contributed to the boom, including abundant natural resources, development of credit, and mass production techniques that made consumer goods more affordable.
- Policies of Republican presidents during the period (Harding, Coolidge, Hoover) that adhered to laissez-faire economics and reduced taxes and tariffs, fueling business expansion.
- Effects of prosperity, such as doubled industrial growth, expanded household appliance and radio markets, increased construction activity, and growth of the car industry and suburbs.
- While many prospered, the document notes some groups did not benefit from the economic
The document discusses the role of information technology (IT) in the Indian economy. It notes that IT is no longer just a business resource but the business environment itself. It outlines that India has the world's sixth fastest growing economy and its IT services industry is growing at over 35% annually. IT is expected to contribute over 7.5% to India's GDP. Major Indian IT companies like TCS, Infosys, Wipro, and HCL are leading global players in the IT services industry. The IT sector is attracting significant foreign direct investment and creating millions of new jobs, positioning India to become a major global economy.
The document summarizes key aspects of the USA economy, including:
- The US has the largest economy in the world, with a GDP of over $14 trillion comprising 23% of global GDP.
- Major sectors include services (78.5% of GDP), industry (20.6%), and agriculture (0.9%).
- Exports include machinery, industrial supplies, consumer goods, vehicles, and food. Imports include consumer goods, machinery, fuels, and vehicles.
- Major trading partners are Canada, Mexico, China, Japan, and Germany.
The document summarizes the history and growth of the IT sector in India. It discusses how India became a global leader in IT services, with the sector growing at over 35% annually and accounting for over 7.5% of India's GDP. The top IT companies in India include Tata Consultancy Services, Infosys, and Wipro, and the sector is projected to attract $4-5 billion in foreign direct investment and create over 2 million new jobs by 2020.
The document provides an overview of principles of information technology. It discusses what IT is and its role in economic and social development. It also covers the rapid evolution of IT and benefits in areas like education, healthcare, and government efficiency. The document then discusses basic computer concepts including hardware components, data organization, number systems, and storage capacities. It covers computer generations from first to fifth generation and concludes with an introduction to networking, discussing different network types, transmission media, and examples of internet, intranet, and extranet networks.
This document discusses the definition and history of journalism. It begins by defining journalism as the collection, editing, and presentation of news through various media outlets, as well as the academic study of news. The word journalism derives from the French term "journalisme".
It then provides historical context about the development of journalism in the Philippines. The earliest Filipino press predated the 1896 revolution by over a decade and advocated for social and political reform. Newspapers like La Solidaridad and Kalayaan supported the revolution and separation from Spain.
The document concludes by outlining nine principles of journalism according to the Pew Research Center, including pursuing truth, maintaining allegiance to citizens over other interests, employing verification techniques, and serving
Introduction to Information Technology (IT)Amber Bhaumik
1. Data refers to isolated and unorganized facts, while information is meaningful data that is organized, validated, corrected, and collected.
2. Information adds to knowledge, aids in decision making, and increases productivity. It should be valid, meaningful, precise, and accurate.
3. The value of information increases when it is in a useful form for the decision maker, available when needed, easily accessible, and helps make effective decisions with minimal costs and effort.
This document provides an overview of the history and present state of the Indian information technology sector. It discusses four periods in the history of IT: premechanical, mechanical, electromechanical, and electronic. It then outlines the major services provided by the IT sector today, including custom application development and infrastructure management. Finally, it notes that the IT sector in India has grown significantly in recent years and is expected to become an $80 billion industry by 2011, representing one of the fastest growing sectors in the country.
Information Technology in Global Trade - “Knowing You & Me, Know Where We Are!” Suhaimi Nordin
The document discusses Malaysia's readiness for e-commerce and the digital economy. It finds that while most Malaysian companies have basic IT capabilities like computers and internet access, fewer than half have adopted more advanced e-commerce capabilities as of 1999-2003, such as using email, developing digital customer/supplier databases, or online ordering. The document advocates increasing Malaysian companies' IT strategies, networks, and e-commerce skills to better compete globally in the digital economy.
Introduction to information technology lecture 1adpafit
The document provides an overview of computers and information technology. It discusses how IT uses computing and communication to spread information. It then defines computers and their basic components of hardware and software. The document outlines the different generations of computers and some early calculating devices. It also describes input/output devices, common computer components, and uses of computers in various fields.
Introduction To Trading And Order TypesPrashant Ram
These groups of Lessons are specifically designed for MBA candidates and Finance Major Students to give them a quick and detailed introduction to Trading Concepts. This document is intended to serve as an introduction to basic trading concepts and order types.
International trade involves the exchange of goods and services between countries. It provides benefits like job creation, increased consumption, and economic growth. However, it also faces problems from trade barriers like tariffs and quotas imposed by governments. International organizations like the World Trade Organization seek to reduce trade barriers and help resolve trade disputes between nations to further global trade.
The document discusses the IT and ITES sectors globally and in India. It notes that the IT industry is currently in a growth phase in India, as evidenced by its increasing contributions to GDP, employment, and revenue. The top three players in the Indian IT and ITES sector are compared based on their number of employees, market capitalization, revenue, and profits. In conclusion, the sectors are described as having very good future prospects and providing ongoing opportunities for investors, entrepreneurs, and countries.
Online trading allows investors to place stock orders over the internet through a broker's trading platform. It offers advantages like paperless transactions, placing orders outside market hours, and easy access to trading records. However, internet connection issues could cause delays, and some brokers charge fees. The major stock exchange in India, the Bombay Stock Exchange, launched its online trading system BOLT in 1995 to increase capacity and market transparency. While online trading entered India relatively late due to regulations and infrastructure barriers, it has grown significantly and many brokers now offer online platforms.
This document outlines the scheme of work for an economics class in their second term of study. It lists 11 topics that will be covered over the term, including capital as a factor of production, division of labour, scale of production, business organizations, population, and labour markets. For each topic, it provides a brief description of the content that will be covered, such as definitions, characteristics, advantages and disadvantages. It also lists some reference books and provides sample evaluation questions.
This document discusses basic economic concepts including the five fundamental economic questions of what, how much, how, for whom, and at what price to produce. It also outlines the four basic economic activities of production, distribution, exchange, and consumption. Additionally, it identifies the four factors of production - capital, entrepreneurship, labor, and land - and their corresponding payments in the forms of interest, profits, wages/salaries, and rent. Finally, it lists some common economic goals for countries such as economic growth, development, employment, efficiency, freedom, and security.
This document summarizes key economic indicators for the US economy through 10 graphs. It shows that Canada and Mexico are the top export and import partners. The unemployment rate peaked at 10% in 2009 during the recession but has fallen to 5% in recent years. The population pyramid shows an aging population. Real GDP has grown each year except 2008-2009, while inflation has remained around 2% and the US has maintained a high level of economic freedom. The US runs large trade surpluses for aircraft, agriculture and raw materials. Public debt as a percentage of GDP has risen from around 60% before the recession to over 100% in recent years.
Business Economics of US is studied where its market and growth from past to present and future challenges to the growth is covered such as depression and debt problems.
The Native American name controversy is an ongoing dispute about the changing terminology used to refer to the indigenous peoples of the Americas and broad subsets of these peoples, such as those sharing certain cultures and languages by which more discrete groups identify themselves (e.g., "Algonquin-speaking peoples", "Pueblo-dwelling peoples").
Some Europeans have called Native Americans "redskins" or, more commonly, "Red Indians." This is partially based on the color metaphors for race which colonists and settlers historically used in North America and Europe, and also to distinguish Native Americans from the Indian people of India. Such terms are considered pejorative, especially if used by non-Natives. It is similar to the fictional, and also pejorative, expressions "pale face" or "pale skin", which some fictional Native characters call white people in Hollywood movies and other Western fiction written by non-Natives. Different individuals may hold differing opinions of the term's appropriateness; there is a National Football League team named the Washington Redskins, and the Redskins serve as the mascot of some schools, including Red Mesa High School on the Navajo Reservation in Teec Nos Pos, Arizona.[39] However, Native Americans have been protesting the use of these names since the 1970's.
The term "Red Indians" was also more specifically used by Europeans to refer to the Beothuk, a people living on Newfoundland, who used red ochre in spring to paint not only their bodies, but also their houses, canoes, weapons, household appliances and musical instruments.
The US economy grew at an annual rate of 3.9% in the first quarter of 2014 according to preliminary GDP data. Several economic indicators released this week support the improvement seen in the GDP data, such as durable goods orders, services PMI, and manufacturing indexes. The document predicts continued growth in the US economy and income, noting that wages and salaries are improving.
The US economy grew at an annual rate of 3.9% in the first quarter of 2014 according to preliminary GDP data. Several economic indicators released this week support the improvement seen in the GDP data, such as durable goods orders, services PMI, and manufacturing indexes. The document predicts continued growth in the US economy and income, noting that wages and salaries are improving.
The document discusses life and culture in America during the 1920s. It describes how urbanization led more Americans to live in cities, with New York City home to over 5 million people by 1920. Urban life was considered anonymous and pleasure-seeking compared to rural life seen as safe and moral. One clash between rural and urban areas was Prohibition, supported by rural religious groups but opposed by city dwellers, leading to bootlegging and organized crime. Overall, the 1920s saw social changes like women gaining independence, the rise of new media and popular culture, but also a growth in racism exemplified by the resurgence of the Ku Klux Klan.
The document summarizes the economic boom in the United States during the 1920s. It provides details on:
- Factors that contributed to the boom, including abundant natural resources, development of credit, and mass production techniques that made consumer goods more affordable.
- Policies of Republican presidents during the period (Harding, Coolidge, Hoover) that adhered to laissez-faire economics and reduced taxes and tariffs, fueling business expansion.
- Effects of prosperity, such as doubled industrial growth, expanded household appliance and radio markets, increased construction activity, and growth of the car industry and suburbs.
- While many prospered, the document notes some groups did not benefit from the economic
The document discusses the role of information technology (IT) in the Indian economy. It notes that IT is no longer just a business resource but the business environment itself. It outlines that India has the world's sixth fastest growing economy and its IT services industry is growing at over 35% annually. IT is expected to contribute over 7.5% to India's GDP. Major Indian IT companies like TCS, Infosys, Wipro, and HCL are leading global players in the IT services industry. The IT sector is attracting significant foreign direct investment and creating millions of new jobs, positioning India to become a major global economy.
The document summarizes key aspects of the USA economy, including:
- The US has the largest economy in the world, with a GDP of over $14 trillion comprising 23% of global GDP.
- Major sectors include services (78.5% of GDP), industry (20.6%), and agriculture (0.9%).
- Exports include machinery, industrial supplies, consumer goods, vehicles, and food. Imports include consumer goods, machinery, fuels, and vehicles.
- Major trading partners are Canada, Mexico, China, Japan, and Germany.
The document summarizes the history and growth of the IT sector in India. It discusses how India became a global leader in IT services, with the sector growing at over 35% annually and accounting for over 7.5% of India's GDP. The top IT companies in India include Tata Consultancy Services, Infosys, and Wipro, and the sector is projected to attract $4-5 billion in foreign direct investment and create over 2 million new jobs by 2020.
The document provides an overview of principles of information technology. It discusses what IT is and its role in economic and social development. It also covers the rapid evolution of IT and benefits in areas like education, healthcare, and government efficiency. The document then discusses basic computer concepts including hardware components, data organization, number systems, and storage capacities. It covers computer generations from first to fifth generation and concludes with an introduction to networking, discussing different network types, transmission media, and examples of internet, intranet, and extranet networks.
This document discusses the definition and history of journalism. It begins by defining journalism as the collection, editing, and presentation of news through various media outlets, as well as the academic study of news. The word journalism derives from the French term "journalisme".
It then provides historical context about the development of journalism in the Philippines. The earliest Filipino press predated the 1896 revolution by over a decade and advocated for social and political reform. Newspapers like La Solidaridad and Kalayaan supported the revolution and separation from Spain.
The document concludes by outlining nine principles of journalism according to the Pew Research Center, including pursuing truth, maintaining allegiance to citizens over other interests, employing verification techniques, and serving
Introduction to Information Technology (IT)Amber Bhaumik
1. Data refers to isolated and unorganized facts, while information is meaningful data that is organized, validated, corrected, and collected.
2. Information adds to knowledge, aids in decision making, and increases productivity. It should be valid, meaningful, precise, and accurate.
3. The value of information increases when it is in a useful form for the decision maker, available when needed, easily accessible, and helps make effective decisions with minimal costs and effort.
This document provides an overview of the history and present state of the Indian information technology sector. It discusses four periods in the history of IT: premechanical, mechanical, electromechanical, and electronic. It then outlines the major services provided by the IT sector today, including custom application development and infrastructure management. Finally, it notes that the IT sector in India has grown significantly in recent years and is expected to become an $80 billion industry by 2011, representing one of the fastest growing sectors in the country.
Information Technology in Global Trade - “Knowing You & Me, Know Where We Are!” Suhaimi Nordin
The document discusses Malaysia's readiness for e-commerce and the digital economy. It finds that while most Malaysian companies have basic IT capabilities like computers and internet access, fewer than half have adopted more advanced e-commerce capabilities as of 1999-2003, such as using email, developing digital customer/supplier databases, or online ordering. The document advocates increasing Malaysian companies' IT strategies, networks, and e-commerce skills to better compete globally in the digital economy.
Introduction to information technology lecture 1adpafit
The document provides an overview of computers and information technology. It discusses how IT uses computing and communication to spread information. It then defines computers and their basic components of hardware and software. The document outlines the different generations of computers and some early calculating devices. It also describes input/output devices, common computer components, and uses of computers in various fields.
Introduction To Trading And Order TypesPrashant Ram
These groups of Lessons are specifically designed for MBA candidates and Finance Major Students to give them a quick and detailed introduction to Trading Concepts. This document is intended to serve as an introduction to basic trading concepts and order types.
International trade involves the exchange of goods and services between countries. It provides benefits like job creation, increased consumption, and economic growth. However, it also faces problems from trade barriers like tariffs and quotas imposed by governments. International organizations like the World Trade Organization seek to reduce trade barriers and help resolve trade disputes between nations to further global trade.
The document discusses the IT and ITES sectors globally and in India. It notes that the IT industry is currently in a growth phase in India, as evidenced by its increasing contributions to GDP, employment, and revenue. The top three players in the Indian IT and ITES sector are compared based on their number of employees, market capitalization, revenue, and profits. In conclusion, the sectors are described as having very good future prospects and providing ongoing opportunities for investors, entrepreneurs, and countries.
Online trading allows investors to place stock orders over the internet through a broker's trading platform. It offers advantages like paperless transactions, placing orders outside market hours, and easy access to trading records. However, internet connection issues could cause delays, and some brokers charge fees. The major stock exchange in India, the Bombay Stock Exchange, launched its online trading system BOLT in 1995 to increase capacity and market transparency. While online trading entered India relatively late due to regulations and infrastructure barriers, it has grown significantly and many brokers now offer online platforms.
This document outlines the scheme of work for an economics class in their second term of study. It lists 11 topics that will be covered over the term, including capital as a factor of production, division of labour, scale of production, business organizations, population, and labour markets. For each topic, it provides a brief description of the content that will be covered, such as definitions, characteristics, advantages and disadvantages. It also lists some reference books and provides sample evaluation questions.
This document discusses basic economic concepts including the five fundamental economic questions of what, how much, how, for whom, and at what price to produce. It also outlines the four basic economic activities of production, distribution, exchange, and consumption. Additionally, it identifies the four factors of production - capital, entrepreneurship, labor, and land - and their corresponding payments in the forms of interest, profits, wages/salaries, and rent. Finally, it lists some common economic goals for countries such as economic growth, development, employment, efficiency, freedom, and security.
The document provides information about business and free enterprise in the United States in response to several scout merit badge requirements. It defines key features of the free market system including private property, price system, market competition, and entrepreneurship. It also describes the differences between freedom and license. The document discusses important figures in business history like Henry Ford, Steve Jobs, and Sam Walton. It identifies five primary areas of business: value creation, marketing, sales, value delivery, and finance. It also discusses the history and importance of labor unions in the US and provides examples of major current unions. Finally, it describes how business impacts the local, national, and global economies.
Jack Welch led a two-decade transformation of General Electric from 1981 to 2001 through aggressive restructuring, acquisitions, and a focus on developing a results-oriented culture. He reduced the workforce by over 100,000, sold 200+ businesses, and acquired over 370 companies. Revenues increased 146.7% and operating profits increased 196.7% under his leadership. Welch also emphasized globalization, developing six sigma quality programs, and focusing on developing employees. By prioritizing growth, performance, and people, Welch transformed GE into one of the largest and most successful companies in the world.
Executive Summary. Thriving in a Turbulent, Technological and Transformed Global Economy | Council on Competitiveness 900 17th Street, NW, Suite 700 Washington, D.C. 20006 T 202 682 4292 Compete.org
This document discusses basic economic problems and applied economics. It defines applied economics as the application of economic principles and theories to current economic conditions. Applying economics can help provide an accurate picture of the economic situation, determine steps to improve conditions, and avoid repeating negative situations. The key reasons for scarcity are identified as the limited nature of resources like labor, technology, and natural resources compared to unlimited wants. This scarcity is the root cause of all economic problems and means individuals and nations must choose how to use their resources to produce essential goods.
This document discusses globalization and employment structures across different countries and levels of development. It begins by showing the production chain for a pair of trousers, with different stages occurring in different countries, demonstrating economic interdependence. It then defines primary, secondary, tertiary, and quaternary employment sectors. The Clarke Fisher model is introduced to show how employment structures change as countries develop from pre-industrial to industrial to post-industrial. Developed countries are shown to have higher levels of tertiary and quaternary employment, while developing countries rely more on primary and secondary industries. Working conditions are generally better in developed than developing countries.
Introduction of Globalization, Trends in Globalization, What Are the Benefits of Globalization, Benefits of Globalization and Challenges of Globalization and its effects,
The document provides an overview of key business concepts including:
1) It defines goods and services, business, entrepreneurship, revenue, profit, loss, risk, and quality of life.
2) It discusses stakeholders in business, outsourcing, insourcing, and non-profit organizations.
3) It covers the ups and downs of entrepreneurship, factors of production, and the role of government and corruption in business.
This document discusses fundamental economic concepts including scarcity, factors of production, and the scope of economics. It begins by explaining that scarcity is the fundamental economic problem as there are limited resources to meet unlimited wants. It then outlines the four factors of production needed for any production to occur: land, capital, labor, and entrepreneurs. Finally, it describes economics as the study of how humans use scarce resources to satisfy unlimited wants through careful allocation and outlines the key elements of economics including description, analysis, explanation, and prediction.
Economic globalization has led to increased unemployment as multinational corporations seek to reduce costs through international division of labor and moving factories to lower cost locations. While this allows corporations to maximize profits, it has adverse effects on low-skilled and manufacturing workers. Even high-tech and research jobs are outsourced as long as a place can offer higher cost effectiveness. Additionally, globalization increases the threat of unemployment across different job types. Economic interdependence has also grown as globalization supports continuous growth but makes economies more vulnerable to external factors, such as downturns negatively impacting trading partners like Southeast Asian countries experienced after the weak 2001-2002 American economy.
The document discusses three ways to improve the declining state of manufacturing in the United States: 1) Restructuring corporate tax policies to incentivize manufacturers to stay in the U.S. by eliminating tax deferrals and implementing an alternative minimum tax, 2) Increasing funding for programs that support small and medium manufacturers through initiatives like the Manufacturing Extension Partnership, and 3) Expanding worker training programs through apprenticeships and tax credits for employer training to develop skilled workers for manufacturing jobs. The decline of American manufacturing will continue without changes to policies that have encouraged offshoring of production.
General Electric (GE) is an American multinational conglomerate founded in 1892 through the merger of Edison General Electric and Thomson-Houston Electric. It operates through segments including energy, technology infrastructure, aviation, healthcare and capital. GE has a diverse portfolio, global brand recognition, and excellent management but also faces challenges from its size and scrutiny over taxes. It aims to sustain operating excellence through strategic goals like revenue growth and risk management.
- The course covers 3 units on business topics like decision making, marketing, finance, and human resources.
- Resources include textbooks, slides, notes, question booklets, past papers, and the instructor.
- A business is an organization set up to meet consumer needs and wants through the production and sale of goods and services, potentially creating wealth.
This document provides an introduction to microeconomics and macroeconomics. It defines key microeconomic concepts such as scarcity, opportunity costs, marginal costs and benefits, and exchange. It also defines macroeconomics and discusses positive and normative statements. Microeconomics examines individual units like households and firms, while macroeconomics looks at aggregate markets and the overall economy. Models discussed include the circular flow diagram and the production possibilities frontier.
The document discusses differences between Japanese and American business management styles and their effects. It notes that Japanese products are well-made, easy to get, and not too expensive, which has led to increased demand for Japanese goods and American companies losing business. This is caused by the Japanese manager encouraging group efforts over individual initiative and promoting identification between management and labor. In contrast, American managers emphasize separating individuals and keeping management and labor divided.
Free trade refers to international trade without barriers like tariffs or quotas. The main advantages are increased choice and lower prices for consumers, and access to new markets for producers. However, it can lead to job losses in import-competing industries and greater inequality between nations. Problems with current trade patterns include trade imbalances and a lack of fair trade for developing countries. Managing the disadvantages requires policies to help workers in declining industries and ensure sustainable development.
The document discusses companies and countries that dominate international business. It notes that US companies like Google, Ford, and Microsoft, and German companies like Adidas, Daimler-Chrysler and BMW are dominant. Japan's dominant companies include Toyota and Sony. The US, Japan and Germany are the top countries dominating international business due to factors like large markets, skilled resources, innovation and adaptability to changes. Emerging economies like China and India are seeing a power shift with companies moving to access new markets and lower costs. Structural changes in the future will see China and India play larger roles as China focuses on consumption and India on its large workforce and democracy.
The document discusses various topics related to production including the definition, types, levels, and factors of production. It defines production as the process of creating utility and discusses the four types of utilities. It outlines the three main levels of production - primary, secondary, and tertiary - and describes what each level involves. The four main factors of production are identified as land, labor, capital, and entrepreneurship, and each factor is defined. Specialization and division of labor are also discussed, including the advantages and disadvantages. Techniques of production like labor-intensive, capital-intensive, and land-intensive techniques are defined.
Similar to The US economy attracts labors world-wide (20)
The document summarizes a lesson on pronunciation of the vowel sounds /ʊ/ and /u:/. It includes theory on how the sounds are produced, minimal pairs to distinguish the sounds, and pronunciation practice activities like a coloring tree game and creating a poem using words containing the sounds. Practice activities have students say phrases and sentences out loud to work on pronunciation.
This document discusses English phonetics and phonology, specifically intonation. It defines intonation as the variation in pitch when speaking. Intonation serves four main functions: attitudinal, accentual, grammatical, and discoursal. The attitudinal function uses intonation to express emotions. The accentual function uses stress to emphasize important syllables. The grammatical function uses intonation to recognize syntax and sentence type. The discoursal function uses intonation to signal new vs. given information and indicate expectations. Examples are provided for each function to illustrate how intonation conveys meaning.
Study in the UK: advantages & DisadvantagesBích Phương
This document discusses the advantages and disadvantages of studying in the UK. It outlines that the UK has over 140 universities and is the 2nd most popular destination for international students. The advantages include a professional study environment, improving English skills, job opportunities, and opportunities for travel and broadening horizons. The disadvantages include difficulties in daily life such as homesickness, high costs of living and tuition, and dealing with culture shock. The document provides advice for international students such as choosing the right university, applying through UCAS, managing finances, choosing accommodations, and overcoming difficulties.
This document discusses tone and how to identify an author's tone. It defines tone as the author's attitude toward the subject or audience. Tone is conveyed through word choice and details. The document provides examples of words that indicate positive, negative, and neutral tones. It explains that understanding tone helps comprehend the author's intentions. To identify tone, readers must infer it from the descriptive words an author uses and how their language reveals their perspective. The document includes examples of passages with annotations of the implied tones for practice identifying tone.
The document discusses a research article about Thai prostitutes in Denmark. It provides discussion questions to analyze the writer's main points, which include different work options for Thai prostitutes in Denmark, how they arrive there, their relationships with husbands, and how they experience stigmatization. The writer uses a combination of facts from research interviews and observations as well as opinions to support these points with examples and details.
Group 4 consists of Bui Bich Phuong, Tran Thi Hoai Phuong, and Do Thi Nham. The activity involves two teams, A and B, who will discuss for 1 minute to list sea animals. Then, two representatives from each team will play a game face to face where they take turns saying one word each. The first team to stop saying words loses.
The document summarizes a dramatized version of Little Red Riding Hood in 5 scenes: 1) Little Red is sent by her mother to bring food to her ill grandmother. 2) A wolf couple escapes from the zoo and gets lost in the city. 3) They follow Little Red to her grandmother's house. 4) At the grandmother's house, the husband wolf pretends to be the grandmother and tries to eat Little Red, but is stopped by his wife. 5) The wolf couple apologizes and returns to the zoo, realizing they should not eat meat.
1. The Grand Canyon stretches 433 kilometers through northwest Arizona where the Colorado River cuts through.
2. Though only 5-6 million years old geologically, the rocks at the bottom are almost 2 billion years old, showcasing different layers of rock in incredible colors that attract over 5 million visitors annually.
3. Surprisingly, the average visitor only spends 15 minutes viewing the Canyon despite long journeys, and visitors should be careful as 5 people fall over the edge every year.
The document provides tips on diet and nutrition for women. It recommends eating regularly to control cravings and boost energy, focusing on complex carbohydrates like whole grains and beans, and not cutting out healthy fats. Complex carbs provide long-lasting energy while simple carbs cause blood sugar spikes and crashes. Good fats are necessary for health while women should limit unhealthy fats. The tips emphasize choosing nutrient-rich whole foods and developing balanced eating habits for sustained energy levels.
The document summarizes the rules for a vocabulary game that will be played in two groups. Members of each group will take turns participating in a round where they must look at an image on screen and guess the word and definition to earn points. Correct pronunciation earns 5 points while a correct definition earns 10 points.
This document discusses Vietnamese and English wedding traditions. It is divided into sections on choosing a wedding day and location, the ceremony, and reception. For the ceremony, the document describes the typical order of events in both cultures, such as the bride and groom exchanging vows and rings. The reception involves customs like greeting guests, speeches, cutting the wedding cake, and games involving the bride and groom's bouquets and garter. Overall, the document provides details on the various stages and customs involved in weddings in Vietnam and England.
Pronunciation facilitation speaking - J consonantBích Phương
This document provides instruction on pronouncing the /j/ consonant in English. It begins with an overview of the /j/ sound as a palatal approximant consonant. It then discusses how to position the tongue, lips, and velum to produce the sound. Examples are given of words containing /j/, including "yellow" and how "y," "u," and "ea" can represent the sound. The document concludes with listening and speaking activities to practice distinguishing and producing /j/ in different words like "young," "year," and "your."
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
How to Identify the Best Crypto to Buy Now in 2024.pdfKezex (KZX)
To identify the best crypto to buy in 2024, analyze market trends, assess the project's fundamentals, review the development team and community, monitor adoption rates, and evaluate risk tolerance. Stay updated with news, regulatory changes, and expert opinions to make informed decisions.
How Poonawalla Fincorp and IndusInd Bank’s Co-Branded RuPay Credit Card Cater...beulahfernandes8
The eLITE RuPay Platinum Credit Card, a strategic collaboration between Poonawalla Fincorp and IndusInd Bank, represents a significant advancement in India's digital financial landscape. Spearheaded by Abhay Bhutada, MD of Poonawalla Fincorp, the card leverages deep customer insights to offer tailored features such as no joining fees, movie ticket offers, and rewards on UPI transactions. IndusInd Bank's solid banking infrastructure and digital integration expertise ensure seamless service delivery in today's fast-paced digital economy. With a focus on meeting the growing demand for digital financial services, the card aims to cater to tech-savvy consumers and differentiate itself through unique features and superior customer service, ultimately poised to make a substantial impact in India's digital financial services space.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
Chapter 25: Economic Growth Summary from Samuelson and Nordhaus
The US economy attracts labors world-wide
1.
2. TOPIC
Reasons Why US Economy Attracts
the Worldwide Labor in general
and Vietnamese Labor in particular
GROUP 2- E2
Bui Bich Phuong
Hoang Dieu Trang
Le Minh Thu
Nguyen Thanh Hoa
Nguyen Thi Dung
Nguyen Thi Vui
3. CONTENT
PART I: INTRODUCTION
PART II: BODY
I. Overview the labor force in US
II. Reasons why US economy attracts labors
in the worldwide
III.Vietnamese labor in US
PART III: CONCLUSION AND DISCUSSION
4. I. OVERVIEW THE LABOR FORCE IN US
1. Waves of immigrants
US =
A NATION OF
IMMIGRANTS
5. I. OVERVIEW THE LABOR FORCE IN US
2. Labor force in US
The history of the US labor is a story of
dramatic change
6. I. OVERVIEW THE LABOR FORCE IN US
2. American labor force
http://www.marketplace.org/topics/economy/visual-history-us-workforce-1970-2012
7. I. OVERVIEW THE LABOR FORCE IN US
1. American labor force
A changing workforce
More people working, and more people not working
8. I. OVERVIEW THE LABOR FORCE IN US
http://www.dlt.ri.gov/lmi/laus/us/usadj.htm
9. I. OVERVIEW THE LABOR FORCE IN US
2. Labor force in US
Today, the labor force is expected to become
more diverse
http://www.americanprogress.org/issues/labor/report/2012/07/12/11938/the-state-of-diversity-in-todays-workforce/
10. US
The largest
exporter
attracts
labor
The largest
and most
productive
economy
The most
famous
brands
The
attractive
working
condition
11. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.1. Plenty of nature resources
12. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.1. Plenty of nature resources
AGRICULTURE DEVELOPMENT
13. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.1. Plenty of nature resources
Providing the country with a
stable economy
Creating condition to
develop US economy
Attracting labor
14. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.2. Well – developed infrastructure system
15. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.2. Well – developed infrastructure system
Providing the smooth running of many key
economic sectors in the developing world
(agriculture, industry, mining and tourism...)
Improving the delivery and access to vital social
services (health ,education…)
Good working condition/ environment for labor
16. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.3. Diversity of industries
Major industries: petroleum, electronics, mining,
steel, food processing, aerospace, and information
technology, among others.
The largest manufacturer with big production line
Need a huge number of labors => creating job choices
17. 1. US – THE LARGEST AND PRODUCTIVE ECONOMY
Attract
labor
More labor
1.3. Diversity of industries
Boost the
economy
growth
High
productivity
18. 1. US – THE LARGEST & PRODUCTIVE ECONOMY
1.3. Diversity of industries
The largest and most productive
economy in the world.
=> Lots of job opportunities.
=> Attracting labor come to have
better life.
19. 2. US – THE WORLD’S LARGEST EXPORTER
2.1. US – The great exporter
Exports, and trade more broadly, contribute to the
u.s. economy in a variety of ways.
Exports to the Asia-pacific region: 89%
Exports to EU: 48%
(According to the US department of commerce, since 2001)
20.
21. 2.1. US – The great exporter
According to the Department of Commerce, U.S
exports of manufactured goods totaled $1.8 trillion
in 2008
Approximately 13 percent of the U.S.
Gross Domestic Product.
22. 2.1. US – The great exporter
The US placed second in exporting during 2013.
Shipped US$1.579
trillion worth of goods
around the globe, up
by 49.4% since 2009.
23. 2.2. Export supports American jobs
•In 2003, exports supported 7.6 million jobs and 10.3
million jobs in 2008 accounting for 6.9 percent of total
us employment in 2008
•The nearly 3.7 million manufacturing jobs supported
by exports contribute to 27 percent of all employment
in the manufacturing sector.
25. 2.3. Export provides labors a variety of jobs
and job opportunities
Anyone can come to this country, work
hard and be successful.
Choices give you the opportunity to
determine your success.
26. 2.3. Export provides labors a variety of jobs
and job opportunities
Freedom + opportunities => whatever you can
dare to dream and are willing to sacrifice to
achieve,
=> you can do!
27. 3. US – MOST POWERFUL AND VALUABLE
BRANDS – REPUTATION FOR EMPLOYEES
28. 3. US – MOST POWERFUL AND VALUABLE
BRANDS – REPUTATION FOR EMPLOYEES
Rank Brand Country of origin Brand value
($ billion)
Industry Employees
1 Apple United States 104.3 Technology 72,800
2 Microsoft United States 56.7 Technology 94,000
US is still home to the
most powerful and
valuable brands in the
3 Coca-Cola United States 54.9 Beverages 150,900
4 IBM United States 50.7 Technology 466,995
world.
5 Google United States 47.3 Technology 53,861
6 McDonald’s United States 39.4 Restaurants 440,000
7 General Electric United States 34.2 Diversified 305,000
8 Intel United States 30.9 Technology 105,000
9 Samsung South Korea 29.5 Technology
10 Louis Vuitton France 28.4 Luxury
(http://www.forbes.com/powerful-brands/list/)
29. EARNING RELEASE:
First quarter 2013 First quarter 2014
iPhones 47.8 million 51 million
iPads 22.9 million 26 million
Macs 4.1 million 4.8 million
Revenue
$57.6
billion
Gross
margin
37.9%
Net profit
$13.1
billion
30. Provide jobs for a large number of employees
Rank Brand Country of
origin
Brand value
($ billion)
Industry Employees
1 Apple United States 104.3 Technology 72,800
2 Microsoft United States 56.7 Technology 94,000
3 Coca-Cola United States 54.9 Beverages 150,900
4 IBM United States 50.7 Technology 466,995
5 Google United States 47.3 Technology 53,861
6 McDonald’s United States 39.4 Restaurants 440,000
7 General
Electric
United States 34.2 Diversified 305,000
8 Intel United States 30.9 Technology 105,000
9 Samsung South Korea 29.5 Technology
10 Louis Vuitton France 28.4 Luxury
Highly Effective Entrepreneurial Employees
31. 3. US – MOST POWERFUL AND VALUABLE
BRANDS – REPUTATION FOR EMPLOYEES
Characteristic of a highly effective
entrepreneurial employee
Ability to deal with risk :
Makes progress towards goals
Makes decisions when lacking one or several critical
resources or data.
Results oriented
Takes ownership to get the task done
32. 3. US – MOST POWERFUL AND VALUABLE
BRANDS – REPUTATION FOR EMPLOYEES
Characteristic of a highly effective
entrepreneurial employee:
Energy
Generates output that is higher than could be
reasonably expected
Is self-motivate and set priorities with minimal
guidance.
Performs effectively with limited supervision
33. 3. US – MOST POWERFUL AND VALUABLE
BRANDS – REPUTATION FOR EMPLOYEES
Characteristic of a highly effective
entrepreneurial employee:
Growth potential
Today's right stuff employee is often next year's
supervisor and a department manager soon thereafter
Team player
Recognizes how her role contributes to the overall
effort and success of the organization
Recognizes the roles and contributions of others
34. 3. US – MOST POWERFUL AND VALUABLE
BRANDS – REPUTATION FOR EMPLOYEES
Characteristic of a highly effective
entrepreneurial employee:
Multitasking ability
Is flexible to accept new duties, assignments and
responsibilities
Improvement oriented
To her the status now is temporary
Suggests changes and improvements frequently
36. 4. US – THE ATTRACTIVE WORKING CONDITION
Attractive
working
condition
Rights of
the labor
Workers
conpensation
Salaries and
other
compensation
37. 4. US – THE ATTRACTIVE WORKING CONDITION
3.1. Rights of the labor
- Legal protections allow workers to organize and
join unions.
- Working conditions: governed by both state and
federal law.
- National provisions against child labor >< states
are free to enact supplemental legislation.
38. 4. US – THE ATTRACTIVE WORKING CONDITION
3.2. Worker compensation
Workers have the right to work in a safe workplace.
Compensation is paid for by employers:
+ cash benefits
+ medical care.
Employee becomes disabled due to work-related injury
39. 4. US – THE ATTRACTIVE WORKING CONDITION
3.2. Worker compensation
Companies => 4 employees => legally required to
provide workers compensation insurance.
Workers compensation provides:
+ Replacement income
+ Medical expenses
+ Vocational rehabilitation benefits.
+ 2/3 of salary while workers
are injured.
40. 4. US – THE ATTRACTIVE WORKING CONDITION
3.3. Salaries and other compensation
2001: $5.15/ hour
Now: from $8 to $12/hour depending on the job title.
The legal minimum salary : $7 per hour in most states.
Benefits plan:
Benefits plan
- Bonus schemes
- Medical &
dental insurance
- Vision-care
- Life
insurance
- Disability
insurance
- Retirement plan
- Accidental
death
Taxes and the cost of living < other industrialized nations.
immigrant to the US to seek economic opportunity.
41. 4. US – THE ATTRACTIVE WORKING CONDITION
3.4. YAMASA factory – YAMASA corporation
Producing soy sauce to export
1886: YAMASA Corporation exported soy sauce to the
U.S.
1992: incorporated USA subsidiary in Salem, Oregon
=> establishing a U.S. production and distribution facility.
42. 4. US – THE ATTRACTIVE WORKING CONDITION
3.4. YAMASA factory – YAMASA corporation
1994: Los Angeles office and U.S. factory in Salem,
Oregon
2002: New York office
Area: 83,000 square foot plant situated on a 20 acre site.
43. 4. US – THE ATTRACTIVE WORKING CONDITION
3.4. YAMASA factory – YAMASA corporation
US ‘s Soybeans exports to World from 2008 to 2013
2008 $16,905,202 and 2013 $22,876,737
Annual Revenue Estimate $100 to 500 million
Employees from 500 to 999
44. 4. US – THE ATTRACTIVE WORKING CONDITION
3.4. YAMASA factory – YAMASA corporation
YAMASA Network in USA
Offer a large amount of workforce to meet the
demand of providing product to the world market
45. III. VIETNAMESE LABOR IN US
1. Overview Vietnamese labor force in US
Vietnamese to US:
Time: mid-1970s
= refugees & asylum seekers
46. III. VIETNAMESE LABOR IN US
1. Overview Vietnamese labor force in US
1.1 million Vietnamese immigrants in US,
=> the 5th -largest immigrant group in the US
III. Vietnamese
Labor in US
III. Vietnamese
Labor in US
III. Vietnamese Labor in US
Since the 1980 census: 6 separate response categories for Asian
47. III. Vietnamese Labor in US
III. VIETNAMESE LABOR IN US
1. Overview Vietnamese labor force in US
Vietnamese immigrant
population grew faster than
other immigrant groups during
the 1970s, 1980s, 1990s
III. Vietnamese
Labor in US
III. Vietnamese Labor in US
48. III. VIETNAMESE LABOR IN US
1. Overview Vietnamese labor force in US
Over half of Vietnamese immigrants reside in
California and Texas
III. Vietnamese
Labor in US
III. Vietnamese Labor in US
49. III. VIETNAMESE LABOR IN US
1. Overview Vietnamese labor force in US
III. Vietnamese
Labor in US
III. Vietnamese Labor in US
50. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
> 25 % employed Vietnamese
immigrant men worked in
III. Vietnamese Labor in US
manufacturing, installation,
and repair occupations
51. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
Among 416,000 Vietnamese immigrant male
workers age 16 and older employed in the civilian
labor force in 2008 :
III. Vietnamese Labor in US
Manufacturing, installation, and repair
occupations: 27.8%
Services: 19.0 %
52. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
> 30% of employed Vietnamese immigrant
women worked in services.
372,000 Vietnam-born female (2008):
III. Vietnamese Labor in US
Services: 34.8 %
Manufacturing, installation, and repair
occupations: 15.9%
Administrative support: 12.1 %
53. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
III. Vietnamese Labor in US
(Source: 2008 American Community Survey.)
54. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
The 2007 SOB showed that Vietnamese owned
229,149 firms, or 14.8% total firms owned by
Asian, generating $28.8 billion in receipts.
III. Vietnamese Labor in US
Mr Tran Dinh Truong
55. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
III. Vietnamese Labor in US
The 2007 Survey of Business Owners (SOB), conducted by the
Census Bureau
56. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
3 in 10 Vietnamese immigrants lived in poverty in
2008, lower than among the foreign born overall.
57. III. VIETNAMESE LABOR IN US
2. Working environment of Vietnamese labor in US
> 1/5 Vietnamese immigrants did not have health
insurance.
21.4 % did not have health insurance in
2008 - lower than among all immigrants
(32.9 %) but higher than among the native
born (12.9 %).
58.
59. America is considered as the land of
opportunities, which a huge number of
foreigners immigrates to every year to gain
chance for getting rich and having a better living
condition.
60. In your own opinion,
Is US still considered as the land
of opportunity in the future?