Entrepreneurship unit 5_group_project
•Télécharger en tant que PPTX, PDF•
0 j'aime•282 vues
Recommandé
Recommandé
Contenu connexe
Tendances
Tendances (19)
Similaire à Entrepreneurship unit 5_group_project
Similaire à Entrepreneurship unit 5_group_project (20)
Plus de Tpeisi Nesby
Plus de Tpeisi Nesby (12)
Dernier
Dernier (20)
Entrepreneurship unit 5_group_project
- 1. ENTREPRENEURSHIP AMERICAN INTERCONTINENTAL UNIVERSITY MGT260-1104A-71 Entrepreneurship Instructor: Joseph Brennan Unit 5 Group Project Tracey Percifield Brenda Geesey Raphael Green Todd Herrera Shalena Morgan
- 2. ABSTRACT by Tracey Percifield When it comes to any project management care, or any corporation locally or internationally it’s about how you manage the complete circle of production and the communication so that all aspects of business is seen from start to finish. Project management isn’t just about starting a project and watching the production it’s about managing the complete process as a case management.
- 3. United States Higher Tariff’s on Chinese Furniture Suppliers Introduction by Brenda Geesey Today’s tariff’s are looking discovering who the real stake holders in a furniture tariff tax? What exactly are the definitions of exporting and importing? We each need to understand what the consequences are as they from the ITC to the stakeholders. What impact do the tariffs have on the trading countries do they really affect the country or is that cost past on? If serving on the ITC what should the factors of concern be. How does a team of people vote for the new tariff’s?
- 4. Identifying The Stakeholders In The Tariff dispute Question #1 by Brenda Geesey United States Furniture Makers Chinese Furniture Makers The people of China The people of America The Merchant Ship Owners
- 5. Different Stakes for Each Country United States China Making enemies or not Loss of income for the with China Country Loss of jobs to Asian Passing on of the tariff Countries tax Loss of knowledgeable Companies that have craftsmanship moved their business to The true stakeholders other Asian countries that come out on top is the lawyers in Washington DC
- 6. It seems that to date the China has come out on the upswing of tariff’s as the Asian Countries of China and Vietnam have approximately 70% of the furniture trade
- 7. EXPORTING AND IMPORTING Question #2 by Tracey Percifield Managing the circle of production and communication for local or international project management. Project management isn’t just about starting a project and watching the production, it’s about managing the complete process as a case manager. Tracking the progress at both ends. WEBCOM, Inc. provides software & services that keep everything in mind that are useful for any company.
- 8. The Balance of Trade A country consist of two things; exporting and importing goods and services. The difference between the to equals world trade. A trade deficit consists more of importing rather than exporting (EOM, 2011).
- 9. EXPORTING and IMPORTING Association of Southeast Asian Nations (ASEAN) have the following countries present in their group. European Union (EU) they consist of the following countries. Mercado Comun Del Cono Sul-Southern Cone Common Market (MERCOSUR) includes member states. North American Free Trade Agreement (NAFTA) includes the following countries; Canada, Mexico, and the United States of America.
- 10. Chinese Furniture Tariffs & Consequences on Stockholders Question #3 by Todd M. Herrera Antidumping accusations and imposed tit-for-tat The Consequences of the Stockholders is a loss by diversion Lazy Boys shakedown of Chinese Furniture Makers
- 11. •What IsTariffs Barriers? •Tariff on International Goods
- 12. Factors for Decision Making Question #5 by Rafael Green The factors which are to be considered for effective decision making are as follows: Data Collection Market Constraints Export Trends Industry Trends Trade information Services Schedule Research
- 13. Team Vote In This Case Question #6 by Todd M. Herrera Today’s tariff’s in a furniture tariff tax The definition of exporting and importing The consequences are from the ITC to the stakeholders. The Vote in This Case towards tariff’s on Chinese Furniture Makers
- 14. My Suggestion to Zach Question #6 by Rafael Green Would vote to impose the tariff Developing countries taking unfair advantage of the workers as they are not allowed to produce cheap labor More damage on the domestic production of the goods .
- 15. CONCLUSION by Tracey Pecifield The groups and trade blocs within regions per countries provide for safe guards to promote International Trade throughout the global enterprise to benefit each country bloc. Although, it would benefit for all global countries, especially that are members of the United Nations to do free trade with no tariffs or border priorities to support each other. This process is a never ending ongoing process to benefit free trade amongst all that prosper and benefit its people (US Brazil Trade, 2011).
- 16. REFERENCES: EOM. (2011). Exporting and importing [Web log message]. Retrieved from : http://www.enotes.com/management-encyclopedia/exporting- importing Higgins , A. (2011). The Washington Post. Retrieved from: http://www.washingtonpost.com/world/asia-pacific/from-china-an- end-run-around-us-tariffs/2011/05/09/AF3GRl9G_story.html IEBT. (2011). Basic principles of the exporting business [Web log message]. Retrieved from: http://importexporthomestudy.com/export-business/exporting- business Ikenson, D. (2011). Antidumping and Bedroom Furniture from China. Cato Institute. Retrieved from: http://www.cato-at- liberty.org/antidumping-and-bedroom-furniture-from-china-the-real-story/
- 17. •Scarborough, N.M., Wilson, D.L., & Zimmerer, T.W. (2009). Effective small business management: An entrepreneurial approach (9th). Pearson Education, Inc: published by Prentice Hall. •Tabarrok, A. (2011). Lazy Boys Shakdown Chinese Furniture Makers. Marginal Revolution. Retrieved from: http://marginalrevolution.com/marginalrevolution/2011/03/lazy- boys-shakedown-chinese-furniture-makers.html • US Brazil Trade. (2011). Regional trade blocs, tariffs, and trade barriers [Web log message]. Retrieved from: http://www.rosalienebacchus.com/articles/RegionalTradeBlocks
Notes de l'éditeur
- To answer each of these question in our introduction, we have delved into the world of international trade and found some interesting facts. Answering some poignant questions on how tariff’s work and if they truly slow trade and provide the United States back it’s jobs.
- The first two stakeholders seem obvious but it is also the citizens of China and America. For China it may cost the country by a business deciding it’s not worth exporting to America. For America they may just raise the price the American furniture companies sell the furniture for. Passing on the tax to the consumer is nothing new. For the Americans furniture makers it will hopefully bring some jobs back to the US. The Lawyers are the ones that are really the ones that make out in tariffs, as they are the ones that make up the wording and leave the loop holes and snags. Loop holes for those that are always looking to get out of some kind of regulation and snags for those that don’t know the rules and are new to export and import trading. The ships that bring furniture to America may loose shipments but if they ship from other Asian countries are they really loosing?
- Has China truly lost anything in these new tariff’s of 2005? No not really some furniture companies moved the manufacturing company to different countries such as Vietnam. (A. Higgins, 2011)The only real winners in this battle is the lawyers that worked on bringing this higher tax to procreation. The stakeholders coming out smelling like roses are as usual those that create the tax and those that know how to skate around them.
- So much of the products we buy in today’s world come from Asian countries it seems China comes out ahead no matter what. My vote is to not support China, the higher the tariff the better and maybe we will gain some of our jobs back. We have the craftsmanship knowledge and certainly the people that need work. It seems that the only way to bring international trade to a place that is manageable is to stop buying the products from other countries and put the pride back in American made product. This may take people being willing to take $15 dollars and hour instead of $30 but really which is better $15 dollars an hour or living on welfare and working at a fast food restaurant. I’ll have to find another part-time job but who knows maybe my the cost of things will go down and I won’t need to work a second job. Although one would wonder how the Chinese people make it on $170 a month and yet Vietnam employees only make approximately $70 a month. The owners and the government seem to be pocketing the funds and not passing down the bounty they make off the American people. (A. Higgins, 2011)
- When it comes to any project management care, or any corporation locally or internationally, it’s about how you manage the complete circle of production and the communication so that all aspects of business is seen from start to finish. Project management isn’t just about starting a project and watching the production, it’s about managing the complete process as a case manager. Importing and exporting materials to supply the project and managing crews or employees to get the work done you have to be able to track the progress at both ends. When looking at software that will provide this service for your company, I have found that WEBCOM, Inc. provides this service with keeping everything in mind and covering a wide variation of services that are useful for any company (WEBCOM, 2011). America important more than we export and about only 4% is exported from America to other countries. Exports account for billions of dollars per year and are goods go to 150 countries IEBT, 2011).
- A trade of goods and services are needed by every country and we rely on other countries to supply us with goods and services that we need. Other countries trade closer to their region and their location. Trade blocs occur in four major groups and try to promote International Trade through governments allowing for free trade. It also promotes the country’s economy to do global trade of goods. The four major groups of trade blocs are; Association of Southeast Asian Nations (ASEAN), European Union (EU), Mercado Cumon del Cono Sul-Southern Cone Common Market (MERCOSUR) and the North American Free Trade Agreement (NAFTA).
- Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Their mission statement that they convey is economic growth, social and cultural progress and development, promote regional peace and stability per the United Nations Charter. The ASEAN is trying to reach a new goal by the year 2015 which includes no tariffs, freer movement of professionals, capitals and streamline customs clearance procedures to allow goods and trade to accrue easier (US Brazil Trade, 2011).Austria, Belgium,Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, The Netherlands, and the United Kingdom. Their pledge is to transform from free trade into a union of political, economic and executive connections. The change from separate money into one currency into all European countries going with the Euro helps out all trade within and what countries do trade outside their trade blocs. They are trying to form a free trade zone within all members of the UN (United Nations) (US Brazil Trade, 2011).Mercado Comun Del ConoSul-Southern Cone Common Market (MERCOSUR) includes member states for acceleration of sustained economic development based on social justice, environmental protection, and combating poverty for all bloc trade zones within the presiding countries (US Brazil Trade, 2011). North American Free Trade Agreement (NAFTA) includes the following countries; Canada, Mexico, and the United States of America and their statement and goal as follows; eliminate trade among group states, and promote free trade, increase invest mate opportunities and protect property intellectual property rights (US Brazil Trade, 2011).
- Antidumping (AD) order against Wooden Bedroom Furniture from China by the U.S. is not effective at restoring jobs here in the U.S. because in 2005 began the use of imports from Vietnam, Indonesia, and other Asian countries that are not bound by AD restrictions and have filtered the declining imports from China. (Ikenson, D., 2011).The Chinese have exchanged accusations of dumping with the U.S. for decades and imposed duties that are tit-for-tat and with China usually coming out on top. The Chinese have avoided the 2005 U.S. tariff of the Chinese wooden bedroom furniture by moving their operations to other Asian countries in efforts of curbing the U.S. tariffs and curbing “dumping” of unfair low prices of goods to export to the U.S. and as a result its allowed the Chinese to exceed over $273 billion in 2010 which is three time more than the previous year. (Ikenson, D., 2011).Lazy Boys Furniture and other furniture makers were paid million of dollars to prevent from having the ITC after them for unfair pricing of Chinese furniture makers. (Tabarrok,A., 2011).
- Tariff is a schedule of duties imposed by a government on imported or in some countries exported goods. A duty or rate of duty imposed in such a schedule. Or a schedule of rates or charges of a business or a public utility. Tariff is a tax, or duty, that a government imposes on goods and services imported into a country. Tariff is not good for international trade and bad for the country which has Tariffs. For around 100 years tariff system has had the majority of federal revenues. Today the Harmonized Tariff schedule sets tariff for product imported into the United States includes 37,000 categories of goods. The average is 1.4 percent on goods that are imported into the United States. Tariffs are like taxes for goods being imported into a country from another. They are meant to limit or slow imports of certain goods to either protect national industries or decrease competition from the goods being imported. If countries set high tariffs then it is more expensive for other countries to export good to that country. If the tariff is high enough it may shut off trade. Tariffs is not good for international trade. They are not good for the country which has tariffs what it does is make foreign products more expensive.
- Today as I had mentioned previously, the Chinese have profited by diversion tactic's of moving their operations to other Asian countries to keep from having tariff’s and manipulations that have three times the profit than a year ago totaling over $273 billion.To carry or bring in goods or materials from another country and to send or transport goods or materials for trade or sale is the definition of importing and exporting.The consequences of tariff’s on stockholders is the diversion and loss of profits and work as a result of the manipulation that is in place in order to decrease costs in areas that are not enforced to abide by AD. I would have to say that there are many things that can be done to have fair trade of imports and exports of any products or materials that would encourage doing business in foreign lands including Chinese Furniture Makers; however, with the manipulation or evasion tactics that are taking place in efforts of not paying or avoiding by moving operations to other parts of Asian countries as discussed.Finally, I would have to say that tariff’s are good when there is greed or deception taking place. I think that fair tariff’s going and coming in efforts of producing employment in all areas of foreign and domestic land to gain objectives evenly and effectively in a positive manner.