Brand Essay Example | Topics and Well Written Essays - 4500 words

Brand - Essay Example They purchase a large number of imported goods on a daily basis. It may even be observed that the more imported a product appears, the more willing Chinese consumers are to purchase it. This great preference for global brands is the main reason for the thriving of numerous foreign firms in China, and is also one of the main reasons why China at this time does not have any global brands. Between 1980 and 1990, the gross domestic product (GDP) of China increased at roughly 10% annually. China became one of the world’s biggest economies in terms of GDP by 1998 (Nolan, 2001, pp. 186-187). After two decades of industrial program in China, adopting several strategies utilized by Japan, and with the same clear policy objective, important developments have occurred in the nation’s major, state-owned industries. The major industries have developed quickly in terms of profitability. They have adopted new technologies, become skilled at competing in the marketplace, largely improved the technical skills of their workers, gained considerable knowledge of global financial markets, developed new managerial expertise, and became desired associates for multinational firms (Gu & Frank, 2006). However, in spite of major improvements, none of the major Chinese ventures has developed into a globally competitive firm, with a global acquisition structure, a global market, and, most importantly, a global brand. According to Nolan (2001), China has only five corporations in the Fortune 500. The Chinese economy has developed rapidly in the recent decades because of developments in economic, cultural, and political arenas, allowing Chinese industries to expand and support the nation’s demands for goods and/or services. It also paved the way for global trade and foreign investments. Ultimately, China, with its cheap labor, has become a popular Original Equipment Manufacturer

Music Essay Example | Topics and Well Written Essays - 500 words - 4

Music - Essay Example There were actually 18 songs from his setlist and three encore songs to the delight of the frantic audience who seem not to get enough. Starting his concert with the crowd’s favorite, Devil Without a Cause, the audience has long started to dance and prance and literally get crazy. His songs were a mix of rap and rock with a lot of metal and shrill screams in between. Most of the songs have regular pattern on the upbeat. The audience could actually appreciate them more were it not for the consistent barrage of loud noises, not only from the amplifiers and sounds on stage; but more so from the audiences’ screaming, shouting, jumping and dancing. By the time that Kid Rock sung his last encore song, Born Free, the audiences were all high from adrenaline just having been part of the spectacularly live, highly energetic and electrifying concert. Honestly, one is not a solid rock fan; therefore, attending the concert was more of a way to experience something new. One realized that other songs have good melodies and rhythm (Midnight Train to Memphis, Born Free, All Summer Long) with still the backdrop for shrill voice, liberating message, carefree spirit and the embodiment of democratic ideals. The only setback to the concert was the noise, especially of the screaming, shouting fans and audience, who were frantic and hyper most of the time. Seen to be a mix of hardcore rock fanatics, to the young generation, the crowd was virtually ecstatic constantly singing along, dancing with their hands up, as if in apparent awe and magnetized to Kid Rock’s singing. The playing of the instruments was really loud which was preferred by the general audience. As a spectator, one could only marvel at the pace by which the fans patronized this group and actually adored his every song and performance. Attending the concert has been a different but moving experience. Although one was not an avid rock fan, the impact that Kid