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UrtheCast Earth In HD

Companies can be simply divided into two kinds: sale products to consumers or sale products to another business. Energyaware and Urthecast can be goods examples for the companies that sale their most products to groups.

Energyaware produces a machine that helps householders to control the energy in their house. The product shows how the energy being used in your house and it can adjust the energy using by the householders’ schedule. Energyaware has it own website but individuals cannot buy the product online. Energyaware sells its products to the communities and other businesses, which give the company larger numbers of sales.

Urthcast is a company that collects the data or image from the satellite images and sells these to other company. The business itself requires technology and capital, so the company needs to find the government to support. Urthcast is cooperated withRussiawhich has advanced aerospace technology. Urthcast is selling its products to other communities, too.

Selling products from business to business is a good way of marketing. The company will have a large number of sales one time and it saves more manpower and recourses. But the company will lose many potential individual customers with only trade with companies. For Energyaware, it actually loses many individual customers without purchasing online. However, selling to individuals will require more cost for the company. To determine the target market and the selling method for a company, managers need to consider it comprehensively.

There is an Urgent Need to Accelerate Investment in India

India Growth to Drop to Decade Low Amid High Inflation, IMF Says

The International Monetary Fund said thatIndia growth may have a decade-low after the decrease of the investment. The Washington-based lender said in its World Economic Outlook report that the GDP of India will rise 4.9 percent in 2012, less than a July forecast of 6.1 percent.

“The outlook for India is unusually uncertain,” the IMF said and they won’t change the monetary policy until a sustained decrease in inflation materializes. India’s government began to expand the fiscal deficit to “permit more investment from abroad triggered a surge in the rupee and buoyed stocks” (Kartik Goyal).

Inflation is always a serious problem for countries. Inflation can directly “cause an increase in the poverty incidence of a country and indirectly cause higher unemployment rates” (sowwireguy1). Governments try to solve the problem by their intervention, such as “resort to various acts” and “lift certain import controls” (sowwireguy1). Actually, the government plays a significant role in the fight against inflation. So, sometimes compared with just let the market heals itself, allow the government intervention may be a better option.

Works Cited:

-Goyal Kartik, Bloomberg, Oct 8, 2012,

http://www.bloomberg.com/news/2012-10-08/india-growth-to-drop-to-decade-low-amid-high-inflation-imf-says.html

-Sowwireguy1, Hubpages,N.D,

http://sowwireguy1.hubpages.com/hub/How-To-Solve-Inflation

China’s economy slowdown these years

A worker in a factory in China 

Because of the global financial crisis in 2008 – 2009,China’s economy began to slowdown. The RGDP of China fell from 11.4% in 2007 to approximately 8% this year. The World Bank forecastsChina’s economy to grow by 7.7% this year, down from its projection of 8.2% in May. The main reason that it gives is that “China’s exports have been hurt by economic problems in the eurozone and theUS, two of its biggest markets” (News Business).

Another reason for why the World Bank lowers china forecast is that Chinese government has done a lot of stimulus policies to keep the growth stable. The measures helped the economy sustain growth, but it also brings other effects. There is a sharp increase in property prices in the country and people fear about asset bubbles being formed. Government tries to use other measures to help to keep property prices in check, but theChina’s growth may be hurt again.

The World Bank added that “the role of investment inChina’s growth had also reduced over the past year” (News Business).

The bank not only lowers it’s the forecast about china, but also lower the wake of a slowdown in exports from the region in theEast Asia.

Economic measures always have two sides of the economy, such asChina’s measures. The measures that china used to help rising the growth of the economy were worked, but they also brought inflation to the country. It helps in one side but also brings impact to another side. Keep thinking comprehensive and choose the best choice is always important.

The orginal resourse: BBC NEWS,  http://www.bbc.co.uk/news/business-19867402

The impact of politics on economy

钓鱼岛

Diaoyu Island is a big political event happened this year.Diaoyu Island incident is a historical boundary issue. Chinese and Japanese argued about this problem over so many years. Japanese government announced that they bought Diaoyu Island from the “owner” of this island and some government officials boarded the island in August this year. Because of these many Chinese people began to boycott Japanese goods, even some people use violence actions to boycott Japanese. Many Japanese factories in China closed because of this. In this month, almost all the travel agencies stop the travel plans toJapan. A part of Japanese economic has been influence by these actions. It’s not good forJapanto lose a big market like China. If the actions of boycott Japanese will last for a long time, these must damage some part ofJapan’s economy.

Economy and politics are closely linked. Economy can affect the government’s policy and politics can also reaction of the countries’ economy.

picture from:http://www.sopopo.com/news/gamenews/8781.html

Environment & Business

Environment is a hot issue that people talk a lot these years. When people concern more on environment, more problem come out with the economic. Environment and development seem like to be a couple opposite element in the world. There are lots of examples about “developing economic but destroy the environment”. When business people try to build a new factory, the location always is an important decision, because the factory may affect the growing of local plants, especially the water.

Sometimes the effect to the environment may not appear right away, but it always be late after you can see it. To avoid to influence the environment is more important than offset. Nowadays, more and more people notice this and work hard to protect the environment.

Sustainable development is a good way to develop economics and this is also help humans to have a good life in the future.

Business ethics case of Nutritional Foods

Resource:http://www.scu.edu/ethics/dialogue/candc/cases/nutritional.html

Food is indispensable in our life and the quality of the food is always a big issue that people concern. At a meeting of the Ethics Center’s Ethics Roundtable for Executives, Kirk O. Hanson, director of Stanford University’s Sloan Program at the Graduate School of Business, created a fictitious case to help discuss this question:

Fred James, chief executive of Nutritional Foods Inc. received two reports from the health departments. One was from Seattle,another was from Southern California.Two different places but occurred similar situation: a child was acute food poisoning of an unpasteurized apple product produced by Nutritional Foods.The health departments said that there perhaps had other possible causes.They didn’t have enough information and also didn’t have the batch numbers for the products in question.

Nutritional Foods was becoming the best-known brand of natural or nonpasteurized foods in the Western United States. The company is really strict on their produce process and the distribution.The vice president for production,John Healy was startled a short time later to receive a third and fourth report similar to the first two. After Healy and James had a short discussio, they took actions quickly and tried to solve the problem properly.

The main ethical issue is what the company will action when the Product quality problem occurred,will the company choose to do the method benefit the consumer or their own profit.

Actually, in the real world not every company will choose the corrcet action, the “china sanlu milk powder incident” can be a specific negative example for this kind of business ethics.Economic doesn’t mean to do anything to maximize the profit. It is still bulit on the Legal and moral.

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