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MGMT 80 Santa Clara

MGMT 80 Santa Clara - can earn more by doing research there...

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Anna Phan MGMT 80 Section 66925 Spring 2011 Response to the article “ In China’s Orbit 1. Professional Services Based on US experiences, they can provide accounting and business consulting services to China. US is a developed country and has been the most developed and richest country in the world. Its experiences and 1. Insurance The US should lower the price of insurance to be able to compete with China. Insurance is expensive and required in all fields in America. We have to buy insurance for health, car, house, etc… To be able to compete with China, I think US should have more options for insurance services for China since this nation will need more insurance services. 2. Biotechnology US must work with China to do more research. China needs US experiences and ability to do more research. Thus US can provide more research services to China. US can compete with China by doing more research; probably do research in different countries too. Many countries have different resources and knowledge about biotechnology, so US
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Unformatted text preview: can earn more by doing research there. 3. Construction Materials US can look for construction materials at different countries. They have good qualities construction materials. Thus they can provide them to China. Plus, China will need a lot of construction materials and US is a good source. US should take this opportunity to make money. 4. Agriculture and Livestock US can trade more specific goods with China and Asia countries. US should lower the tariff and be less harsh on importing. US should also import more and since China will increase import. US should specially export goods to China. Assignment 2: Question: In the article, the author said “ We’re in the age of extra, and everyone has to figure out what extra they can add to their work to being paid more than a computer, a Chinese worker or a day laborer”. What does the “age of extra” mean? What and how do you see globalization relate to the “age of extra”....
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