The SARS epidemic has all but paralyzed much of the Asian economy by threatening the health of all traders, buyers, and sellers that come in contact with that part of the world or anyone who has been there. The Asian continent has literally been cut off and quarantined from the rest of the world. This epidemic should prove to be a major headache for every decision-making, top-management official whose company is based in Asia.
Li & Fung, one of the worlds largest garment traders, has been around for almost one hundred years and has survived through wars, riots, financial panics, and far worse epidemics than SARS. Due to SARS they are now being forced to rethink the way they do business to soften the financial blow as much as possible. They have moved half of their top-management teams to the U.S. and Europe to continue to conduct business with clients who are too frighten to travel to Asia in fear of coming in contact with the air-borne epidemic. They have also divided their work among several Chinese factories in case one of them has to be shut down. But that's the thing, Li & Fung are a big enough company to make these strategic moves in order to ride out the storm while thousands of other companies are not and will most likely go under.
Trade is the backbone of the Asian economy and it is done on a personal, face to face basis and can't be done over the phone because it requires one to be able to make judgments and look at the other person's body language in order to correctly read that person. Many companies are going to have to change the way they do business and make trade if this epidemic drags on for a few more months; otherwise the financial impact will most likely prove to be too much for them and they will be forced to close or file for bankruptcy. This is going to be a challenge for the owners and decision-making managers but lucky for them this is 2003 and they can take advantage of all of the high-tech interactive video conferencing and other communication devises.
Dr. Seuss. Are his books only for children or are there social issues involved? In the world of children's books, there are many well-known authors. I believe without any argument that Dr. Seuss is one of the most recognized authors. Dr. Seuss born as Theodor Seuss Geisel on March 2, 1904 liv...
Hearing whos! and holding triple sling jiggers Dr. Seuss has captured the interest and hearts of countless children. But today, since your kindergarten years, have you read the books that entertained and taught you as a child? If so there is probably a little confusion. Not in the simple lyrical co...
Dr. Bledsoe and Invisible Man Dr. Bledsoe is the president of the black college where Invisible Man attends. In the novel, he is a man highly revered by all African-Americans. He is a sophisticated and established black man. During this time period there were very few African American men of hi...
Dr. Strangelove Or: How I Learned to Stop Worrying and Love the Bomb The movie Dr. Strangelove has to be one of the most intriguing films of our time. The film, which came out in 1964, was nominated for many awards, including best actor, director and film. I found the film to have a strong sense...
Dr. Zhivago Dr. Zhivago is a great motion picture based on the life of a young orphan who grows up and takes his place as a doctor in the Russian Revolution. This is an epic film written by the Russian writer and poet Boris Pasternak who received the Nobel Peace Prize for this historic novel. Yu...
In the novel, Dr. Jekyll and Mr. Hyde, the character Dr. Jekyll becomes addicted and dependent upon a drug. This drug was not a "street drug", but just an experimental chemical drug that a chemist had made up-a sort of potion. Although the potion was made purely of compounded elements that had bee...
To start off the beginning of my explanation of "Oh, the Places You"ll Go", I thought it would be wise to start at the beginning of the book. Here is the inside cover: For out-starting upstarts of all ages, here is a wonderfully wise and blessedly brief graduation speech from the one and only Dr. ...
The Strange Case of Addiction: The Real Story of Dr. Jekyll and Mr. Hyde Dr. Jekyll was an innocent man who could not free himself from his obsession with his evil counterpart, Mr. Hyde. In the world today, there are millions of people like this fictional character who are consumed and controlled ...
After reading the novel "Dr. Jekyll and Mr. Hyde- written by Robert Louis Stevenson in 1886, and the film "Dr. Jekyll and Mr. Hyde- directed by Victor Fleming and produced in 1941, I realized the similarities. Not only were there similarities but there were also things that were in the film which ...
The Hydden Truth Is everyone a Dr. Jekyll: desperately attempting to keep his Mr. Hyde under control, secretly intrigued by what evil exists, and jealous of his incredible freedom from moral and political restraints? The Strange Case of Dr. Jekyll and Mr. Hyde, by Robert Louis Stevenson was writte...