ANALYSE THE WIDER IMPACT(S) UPON THE WORLD ECONOMY OF THE RISE OF THE Essay

ANALYSE THE WIDER IMPACT(S) UPON THE WORLD ECONOMY OF THE RISE OF THE IMPORTANCE OF CHINA - Essay Example On the other hand, economic growth is always accompanied with military power advancement (Perkins 2009). China invests highly in military power and therefore makes future security levels unpredictable since no one is sure of how the nation will use its power if by any chance it happens to be the world’s most powerful nations. Therefore, since China’s growth is progressive and promising, the rest of the world ought to be ready for the expected advanced impact. Export of both products and labour as well as foreign direct investments makes the greatest percentage of Chinese GDP growth. The implication is that China’s economy greatly depends on its relation with other economies. To China, the overdependence on exports pose minimal threat if any, given that China does not only enjoy competitive advantage over other economies but also has a government policy that supports foreign relations. Notably, China’s initial economic bump up recorded in early 1970’s was attributed to internal factors with negligible dependence on exports. As matter o fact, this initial economic growth resulted from increase in domestic consumption and government expenditure (Zhu & Kotz 2010). China is densely populated and thus provides a reliable market for its manufacturing products. Notably, the increased domestic consumption resulted from a transformation of Chinese economy from agricultural nation to an industrial economy, but maintained a some how closed economy. By then, China’s growth had little or no economic impact on the global economy. The rapid growth in GDP provoked an urge for extra market and hence led to the incorporation of ‘market reform’ policy in 1978 (Zhu & Kotz 2010). This policy saw China enter the global market in search for market of their excess production. China might not be well endowed with capital, as

The Success of Dell's Business Innovation Model Essay

The Success of Dell's Business Innovation Model - Essay Example The company had later adopted its name from its owner. What began as a humble beginning was not confined to its small size. Over years Dell had transformed its business from a small company to one of the largest multinational companies in the whole world. It took Dell less than 30 years to transform itself under the competent leadership of Mr. Dell. The first step towards this beginning commenced when it was first decided that the company would go public. Initially 34.2 million dollars were raised from the initial public offering made by the company. The success of the company can be analyzed in retrospect. Product innovation has been one of the chief reasons by which the company has been an important reason for the success of the company. This could be understood better if one analyzes the range products that are being offered by the company. The business expanded from its initial offering of computer hardware to include a wide variety of products ranging from personal computers and storage devices to camera and printers. Dell now involves a considerable portion of IT services. Selling products produced by third party has been one of the common practices adopted by companies and Dell is no exception. The primary aim of an organization is to create value for its customers and deliver it to them at most affordable price. Business innovation is just the process by which an organization achieves this goal in the most successful manner. The idea behind any innovation is to create a unique business which enhances its value immensely and make it popular among the customers. It is believed that revamping of the business by incorporating innovative practices in it raises the value proposition of the business and propels it ahead of its competitors (Rajala, Westerlund and MÃ ¶ller, 2012). Research work of Osterwalder had identified nine different dimensions of business innovation; namely core capabilities, partner network, value configuration,