exploring the world from an angle
 

Monthly Archives: October 2012

Home Depot’s Failure in China – a response to Yuet Yee (Luna) Tsoi’s Blog

Luna Tsoi’s blog post After launching into the Chinese market for the sixth year, Home Depot, the second largest American retail store, marked its failure and retreated from the market by shutting down seven stores. Reports show that the Chinese Home Depots suffer a few million dollars of deficit every year. Even though the company did make attempt to reposition itself by opening up an online store, the endeavor to change was already too late.   I agree with Luna […]

Canada’s newly competitive cellphone market at risk

This news article describes the competitiveness currently in the wireless industry. The niche was previously dominated by the Big Three – BCE Inc. , Telus Corp. and Rogers. The Harper government tried to benefit wireless users by introducing new companies like Mobilicity and Wind Mobile by auctioning wireless spectrum. The tactic did reach a short-term success. According to the demand and supply curve theory in economic, as more suppliers enter the market to fight for market shares, the equilibrium price […]

Samsung Ad mocks IPhone 5: GS3 is the next best thing

What pops up on your mind when first seeing the line up? Is this the effect of price ceiling in Soviet Union we learned from Econ 101 or are they the refugees who just recently suffered from a drought? No, neither of these ideas will appear on minds of 21st century citizens from developed countries, but…    “This must be the line up for new IPhones!”   The arrival of IPhone 5 sparks up new opportunities – both to the […]

Spam prevention powered by Akismet