danniliu's blog

The world’s third largest fast-food company

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Tim Hortons has agreed to be bought by the company that owns Burger King. What is truly behind this striking movement? The first thing comes to my mind is an elaborate tax inversion,although they claimed that this is not a tax-driven deal. As we all know that Canada’s basic corporate tax rate is about 26%, while the U.S.’s is around 35%. Of course that’s not the only reason, what Burger King values the most is called international expansion. This movement helps them expand more branches, and increase diversity. At the…read more

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Alibaba’s IPO

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The biggest IPO in the history. I wasn’t aware of this corporation, although I used “TAOBAO”, an extremely popular Chinese E-commerce website frequently. “TAOBAO” is a branch of Alibaba that gives everyone a chance to trade things and do businesses online. This company has changed my definition of shopping since it first came out. Shopping mall was no longer my only choice of shopping. On “TAOBAO”, millions of Chinese exchange things with each other. His company gives small businesses an platform to do business within the world. I personally think…read more

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Does ethics matter?

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Ethics is always a controversial topic when it comes to business. The fact is in order to maximize the profit, there are many companies do evils things. For example, in China, KFC and Pizza Hut used expired goods to make products. This kind of behavior is definitely against ethics. Meanwhile, this breaking news made me think how to be a great businesswoman. I do aware of that the social responsibility of a company is to make as much profit as they can. But I really believe to achieve this goal,…read more

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