The Chinese distribution system:
has more people employed in distribution than the U.S. |
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is characterized by small stores with a large wholesale industry |
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is more efficient than the distribution system in the U.S. |
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is more similar to U.S. distribution systems than Europe's systems |
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none of the above |
Chenese distribution system is more efficient than US distribution system. Chinese economy has workforce of 776 million.
The Chinese distribution system: has more people employed in distribution than the U.S. is characterized by...
Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be counted in? Group of answer choices unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed population aged 16 and above total population
According to the attached article, P.F. Chang’s is “bringing Chinese intellectual property back to China” by opening up a restaurant in Shanghai. Do you think that P.F. Chang’s could have long-term success in China? Why or why not? HANGHAI—P.F. Chang's may be seen as an upscale Chinese-food restaurant in the U.S. But the chain is calling its debut location in China "an American bistro"—which is exactly how its early customers there see it. "The food looks similar, but you eat...
1. Why do you think that the Chinese historically pegged the value of the yuan to the U.S. dollar? 2. Why did the Chinese move to a managed-float system in 2005? 3. What are the benefits that China might gain by allowing the yuan to float freely against other major currencies such as the U.S. dollar and the euro? What are the risks? What do you think they should do? 4. Is there any evidence that the Chinese kept the...
1.3) More often than desired, engineers are required to estimate quantities related to some aspect of a system because the necessary data is not available. Systems engineers often have to estimate quantities related to the meta-system. There has been quite a bit of attention to estimation in K-12; a common example is to estimate the number of gas stations in the 48 continental states of the United States. a) How would you go about this? What are several ways to...
Normal No Spacing CASE STUDY: Yaosba Leans on IS to Stay Competitive More than ever before, Chinese retailers are facing local competition from foreign companies. China's highly regulated economy has insulated businesses from competition. Now that China is loosening its regulations in an effort to benefit from international trade, its own businesses must work harder to become more efficlent and effective and keep customers retailers. It sells other fine merchandise. One of its largest retail stores occupies 215,000 square feet...
Suppose that we wish to assess whether more than 60 percent of all U.S. households in a particular income class bought life insurance last year. That is, we wish to assess whether p, the proportion of all U.S. households in the income class that bought life insurance last year, exceeds .60. Assume that an insurance survey is based on 1,000 randomly selected U.S. households in the income class and that 640 of these households bought life insurance last year. a) Assuming...
wholesaler has recently developed a computerized sales invoicing system. Prior to implementing this system, a manual system was used. The distribution of the number of errars per invoice for the manual system is as follows: Errors per Invoice Percentage of Invoices More Than 3 1% 2 87% 3% After implementation of the computerized system, a random sample of 500 invoices gives the following error distribution: Errors per Invoice Number of Invoices More Than 3 1 479 1t 1- 087 4506...
According to data from the U.S. Census Bureau, since 2000, the value of U.S. imports of men’s and boy’s apparel from China has more than tripled from a relatively small $244 million in 2000 to $926 million in 2014. What prediction does the Heckscher–Ohlin model make about the wages received by labor in China?
7. How can cost benefit analysis help explain why people are more likely to overeat at all you can eat buffets than at restaurants where we pay for extra portions? a. At all-you-can-eat buffets, the food always tastes better, so people eat more. b. The marginal cost of additional food is lower at all-you-can-eat buffets since they don't charge for a second helping of food. c. Marginal benefit is always less than marginal cost for food at all-you-can-eat buffet d....
According to the article (pictured below), why are people in
Shenzhen not worried about Trump's threat of bringing back jobs
from China? Your answer should focus on the culture and
socialization in China.
SHENZHEN, China-U.S. President-elect Donald Trump's threat to compel Apple Inc. and others to manufacture more at home should strike fear into this Chinese megacity where many of the world's high-tech gadgets are made. Once a sleepy village, Shenzhen today is the sprawling epicenter of China's consumer-electronics industry,...