North Korea is among the most unbelievable nations in current world.No free trade,no private-owned business,and no business man.The country’s economics is just a vivid copy of Stalinist Model in early USSR,and even more serious.State monopoly has been pushed to a new height that the best job is to be a soldier in the army,which means you can at least be fed.

What is ridiculous is that all the countries around it have been targeted as imaginary enemies along side its biggest threat-the United States.While 20%-30% of its citizens die of starvation every year,it would use up to 80% of GDP annually to study and manufacture nuclear weapons,so as to resist the ‘invasion’ of USA.

We people today can hardly imagine a life without business affairs.Free trade itself brings flourish,wealth and convenience.What if we have to wait for months to be assigned with toothpaste for the whole family instead of going straight into the grocery right in the street corner and purchase as much as we want?

It is certain that business is vital for a nation to keep itself developing.The factor in North Korea is that there is no supply of goods,and people are forbidden of demanding.

May God bless people there.

Days before,chair man of the board of Alibaba Group,Mr.Ma Yun,gave a lecture in Stanford University,indicating that he has the tendency to purchase Yahoo,which has caused much concern.

After that,Yahoo’s stock price rose by 5%,which is considered to be the first growhth since it has dropped by 20% before.

If he managed to do it,it would be the biggest oversea purchase case of Chinese enterprise ever since Lenovo purchased IBMPC in 2004.

Early in 2005,Yahoo invested 1 billion US dollars to purchase 40% of Alibaba Group’s share,making it the biggest share holder of Alibaba.Today,however,Alibaba is considered to have a better development and future than Yahoo,whose value are estimated to be 32 billion and 20 billion US dollars correspondingly.

Mr.Ma admitted that it is Yahoo who gave Alibaba much help and make it today’s status.Also,he is quite interested in purchasing Yahoo since for him,to purchase Yahoo is to purchase himself–letting him to become the real ruler of Alibaba.

No one is sure that if he can get it done at this moment,but one thing is certain that as a new generation Chinese enterpreneur,Mr.Ma is becoming more mature and confident,leading his bussiness to a new level.

Today,apple confirms that former CEO Seve Jobs has died.

Everyone on the street was shocked:jesus christ,he was young!

Not only Jobs was young,but also Apple.It is possible that no one today dares to say that his/her life hasn’t been affected by apple products.The world has actually been changed by a young company,by a man who just leave us.

What will happen to Apple after the co-founder dies?If Apple’s stock price would drop further?Is it a chance for other IT companies to take over Apple?

Jobs,as far as I am concerned,created a sort of culture. All the Apple products which have been so popular are part of his unique culture. Some one said that Jobs is an artist as well as an idol,people are keen to purchase his products just like fans are chasing a pop star.He is the only one can mix technology with design so perfectly that everything he produce could lead a new trend.

Beyond his achievements and contributions,we should consider that if it worths him to devote so much to Apple.Appearently,it is his busy work that leads to his death.As a successful bussiness man,he should have known the importance to balance his life and work.

Today,apple announce that their next generation IPHONE–IPHONE 4s would soon come onto the market,along with new IPOD TOUCH(including black and white).

People on the Internet showed great disappointment that this IPHONE is not the same as what they thought–IPHONE 5,which carries a larger screen and new design.Many of them even said that they are not going to buy this to replace their “look the same” IPHONE4.

It is interesting that today,apple’s stock price has dropped by at least 5%.

I think that apple actually underestimated consumers requiremets,also,they overestimated customers’ loyalty to their product.

Apple is facing thorny challenges in all different products:

Android phones are the most competitive rival of IPHONE(The market would be more complicated when taking BLACKBERRY and WindowsPHONE into consideration);

Tablets with Android or Windows system seems to be appealing than iPad;

Ipod is no more equals to music player…

Consumers nowadays are looking for a good-looking/powerful/not so expensive cellphone.They are not just looking for an iPHONE.What a pity that iPHONE 4S may be an epic failure that apple have never incured with

To determine what consumers wants is not a one-time work.This should be carried throughout the entire life of a certain business.