Genicon Case Summary

On the other hand, knowledge of the political and legal environment of China will be fundamental. Information on their laws and regulations, such as foreign trade policies, product standards, tax laws and requirements, trade barriers, labor laws, etc. are extremely important when assessing China as a potential market for our company. Finally, a thorough research on China’s market conditions, such as potential competitors, market trends, market opportunities and threats, potential risks, unique market characteristics, etc. will be necessary to obtained a complete evaluation of the country before entering the market.

Giglio is a term often discussed about in the law enforcement community, it refers back to the case of Giglio v. United States, 405 U.S. 150 (1972). Most of the time the term “Giglio” brings out a negative connotation; this is due to the nature of the case. The implication Giglio has on police officers refers to discussions about credibility in court and it’s often times a negative association. Credibility is paramount to an officer’s career; nevertheless credibility in court under oath is something every officer should have. Ever since we started the basic recruit academy we’ve heard references to the Giglio case. This is because; integrity even at the recruit level is of the utmost importance. Another important factor that most instructors talk about that has some relevance with the Giglio case is that since day one of

Emerging economies like China, India and Thailand are rapidly expanding their vehicle and automotive component production. At the same time, these and other emerging economies, apply various tariff and non-tariff barriers which serve as a hindrance on

All countries in the world have various political environment and regimes. Political systems differ in terms of the governance, power and the rule of law. A political regime can be defined as structures, activities and processes by which given countries in the world govern themselves. Political systems can be based on either collectivism or individualism. It is essential for business to look at a country’s political environment as a vital criterion in venturing or expanding the business or company to that country. This is because political systems differ and each has its own form of governance that impacts a business in terms of its growth. International companies carry out international manufacture and activity in that they

With the exception of tobacco, beverages, and a few manufactured items, U.S. tariffs on Brazilian imports is almost non existent. Especially when compared with the 10.73 average tariff rate applied by Brazil in 2005. In addition to import taxes and charges, Brazil’s common external tariff (CET) radically encumbers the expanded imports of U.S. computer and telecommunication

The convergence of world economies has changed the dynamics of the trade. The goods produced by the countries are today crossing border and the lines of origin have blurred. Fierce competition has pushed producers to lower cost and provide better quality.

Applied Medical Resources Corporation is a medical device company that’s motto “Better Medicine, Better Value” has been the foundation of the company since 1987; it was created to ensure that the highest levels of innovation on new technologies are being created to be more efficient and less expensive to both hospitals and patients. Mr. Said Hilal, the President and Chief Executive Officer at Applied Medical, was concerned in 2003, that the market that Applied’s products are being sold in are limited because hospitals are in contract with Group Purchasing Organizations (GPOs) like Premier and Novation—who were in contract with dominate suppliers like Johnson & Johnson. GPOs original purpose was to “enable hospitals

The Chinese government is highly involved in business practices, unlike the American government. Their government plans China’s economy; therefore, it can be difficult for Americans and other foreigners to understand and work with them. Those making major business decisions need to understand Chinese government regulation and involvement in business practices. Chinese law lacks consistency and the their government has the right to change the standards at anytime without notice.

A review of ease of doing business indicates that China was among the 108 countries that implemented 201 regulatory reforms in 2011/12. These reforms have made the country to be third place after Singapore and Hong Kong respectively. The following table illustrates the top ten countries in the ranking.

Adequate enforcement of trademarks, patents, and copyrights are heavily relied upon by industries across the economy. Consumers also rely on intellectual property to ensure the safety and quality of products. The brand connotes a level of quality. Strong IP rights help consumers to make an educated, confident choice about the safety, effectiveness, reliability, and authenticity of their purchases. In addition, “IP-intensive” industries account for 18.8%, 27.1 million, American jobs as of 2010 and provide economic stability. IP workers earn about 30% more than their non-IP industry counterparts. The IP industry creates and supports high paying jobs and can drive economic growth. IP laws support innovation and enable companies to have an advantage over their competitors. Economies that do not maintain protection for innovation provide companies with no incentive to innovate. Innovation typically requires significant investment in research and development that they may not be willing to undertake if protections are not there. In developing countries that distribute counterfeit goods and have weak IP rights, the working conditions tend to be poor with low levels of pay, workers may be exposed to health and safety risks, and there is high

In addition, also required are: “imagination, secrecy, bribes and a facility with the law that could recast otherwise illegal ventures into businesses that fit some illegal construct acceptable to those policing the economy.” (Dickson, p. 25) For foreigners already doing business in China, or competing against it, one of the most difficult things is the loose view that Chinese businesses have of agreements, and their often blatant disregard for legality. But Chinese businesses grew up in an environment in which extra-legality was the only option. Moreover, over time two groups, who were not historically aligned, became linked. On the one side was an aspiring middle and business class that needed money and property rights to conduct business. On the other were state and Communist Party officials who were ideologically wired against business and private property. Today, there is little separation between the two. Even as regulators, “the interests of officials are so complex and conflicted that reining in the private sector for any reason also slashes the fortunes of those who run the state.”(Dickson, p.30) Obviously, corruption remains a significant issue and is persistent at so many levels. It is widely known, for example, that purchasing departments typically have a ‘special

Ajaya Tachajanta 2011 General Electric Medical Systems, 2002 Overview GEMS is the world’s leading manufacturer of diagnostic imaging equipment and part of Milwaukee-based GE. It is the leader in MR and CT imaging in all regions. According to Immelt’s strategy, GEMS evolves from taking joint-venture and acquisition as the first step where business’s size is matter. Secondly, Global Product Company (GPC) concept is introduced aiming at cutting cost by shifting the manufacturing activities from high-cost based to low-cost based nations, allowing GEMS to earn more margin. Last but not least, investing in developing marketing and sales organization is emphasized to position GEMS as a more than Equipment Company i.e. to differentiate itself from

He propelled an examination concerning claimed Chinese burglary of U.S. licensed innovation not long ago. Be that as it may, a few specialists say a greater concern is Beijing's tremendous wagers on the innovations without bounds. The Chinese government is tossing its weight behind divisions like manmade brainpower, electric autos and PC chips, drawing in cash to make tech champions with worldwide clout. Western organizations have effectively raised worries about the plans, cautioning they may give Chinese organizations an uncalled for edge at home and abroad. A few investigators have required the U.S. to increase spending on innovation investigate with a

Political & Legal environment: The political system of a country is an important part of a companies marco-environment. ‘Who governs the country?’ ‘What does the government follow?’ and ‘What legal regulations follow from these policies?’. The most important factors a company is subject to are policy uncertainty, macro instability, and tax rates. Considering China is a country in transition all of the above factors are subject to change, to a degree substantially larger than it is in stable developed countries. We have recently seen changes happening in China on all of the above factors. One example is the new regulations regarding copying, which turned out in favor of Starbucks. However, what will happen in the (near) future is hard to tell. Whatever happens though, Starbucks will be subject to the consequences, whether positive or negative.

New Delhi launched 17 investigations into imports from China, 10 of which were anti-dumping probes, and had banned the importation of Chinese-made toys for six months alleging their high content of toxic chemicals is a danger to