is a good market for U.S. exports and it's comparatively easy to do business with. Surprisingly, building relationships there can lead to sales in other parts of and also in , a former colony and one of the fastest growing markets in the world. Listen to this featuring U.S. Commercial Service Senior Commercial Officer Dillon Banerjee from the embassy in Lisbon.
globalEDGE Blog - Page 295
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For those of you not familiar with the concept of "heirloom sustainability," the basic idea is that producers should design quality, durable goods, that will last a long time and be passed down for generations. The approach is - in theory - a good way to reduce waste and eliminate the cheap products that end up in landfills.
For example, instead of buying hundreds of plastic pens, you could buy one quality pen and even be able to pass it down to your children. Of course, you'd have to make a big investment up front, but if you keep it for long enough, it would eventually - in theory - pay for itself.
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Just as the housing and stock bubbles burst, it appears that may be figuratively bursting as well. In Bordeaux, , numerous wine tasters and connoisseurs gathered this week to sample and possibly purchase many of the vintage versions of 2008’s premiere wines. However, amidst a global recession, many of the big spenders who splurged on such delights have sobered up a bit. The result is an uncertain future for the wine market, as well as other aspects of the.
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The globalEDGE website (home of this blog) is a part of the (Center for International Business Education and Research) and is affiliated with MSU's . In recent years, Michigan State University has made global awareness and engagement of its students, faculty, staff, and other constituencies an institutional priority. MSU also has world renowned faculty involved in international research, teaching, and service in more than 170 countries.
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"The era of a perfect Internet computer for $99 is coming this year,” said Jen-Hsun Huang, chief executive of Nvidia. The technology industry is facing a new revolution. The need for efficient, small, cheap computers has been growing and is finally reaching a peak. The way producers have responded to the latest consumer needs concerning laptops is the new netbook. The netbook is a light and cheap compact PC. Even though it has trouble running more demanding software such as games and photo-editing programs, it is something that you carry around all day since the battery lasts hours with only one charging and it is great for people who mainly need a PC to go online. The first of the new netbooks will be on the shelves in June probably provided by Acer and Asustek.
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The author of "Go Global to Win" and "Global Business Guide" explains why now is as good a time as ever to go global.
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It was easy to run a profitable outfit when the Chinese economy was booming. Double-digit GDP growth, combined with strong demand for cheap Chinese fueled a tidal wave of successful startups. Investors shoveled tremendous amounts of capital into these young companies, but many were more concerned with “getting into ” than with investing in a particular company. As a result, many companies that would not have been financed during low-growth periods were given a shot.
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A few days ago, Tata Motors of introduced the commercial version of the Nano, a tiny ten-foot-long five-foot-high compact car which the company hopes will revolutionize transportation not only in India, but in other parts of the world too. The car will sell for roughly 100,000 rupees ($1,979; £1,366) and goes on sale next month.
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A couple of days ago we posted a video on the , but it left me wondering: who's best at it?
Luckily, a survey done by the Boston Consulting Group, working with the National Association of Manufacturers' Manufacturing Institute, seeks to answer just that question. They rank the top 30 most innovation-friendly countries on the basis of government policy and real business results.
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Innovation is extremely important in the competitive global business world we live in. Therefore, it significant for business graduates from any university in the world to master this skill. The following video is an interview with Dean Tom Campbell of the Haas School of Business on the importance of innovation and the steps the school has taken to ensure that its graduates obtain the skill to develop strategies for outstanding business ideas.