DisneyTheme Park will in China Shanghai.

There is an article in The NewYork Times, the Business Day section, talks about that Disney Theme Park will be built in Shanghai China. The Walt Disney Company has won approval from the government in Beijing of China recently. The negotiation of Disney Theme Park will hold in Shanghai later. They have not get the final agreement on it. All the people like me look forward to see Disney Theme Park in China Shanghai.

The Park will across 1,000 acres of the city's Pudong district and the theme park section will across 100 of those. It will include the Magic Kingdom-style theme Park areas, shopping areas, hotels areas and some other service areas. It sounds a really big foreign investement in China. From the evalution, the initial park will cost $3.5 billion which not include the hotels and resort infrastructure. If the Park goes well in the future, they expect to increase the areas to 1,700acres and attract about 45 million annual visitors.

I am so glad to hear about that. There is a good way for chinese people know the American culture, especially for the kids.

Hand sanitizer in short

From the World Health Organization (WHO) reporting in April this year, there were nearly 400,000 people all around the world got swine flu and more than 4,700 people died because of sick(CNN Money.com). More and more people begin to feel the seriously pandemic. At this time, the demand of hand sanitizer rise fastly. Many area in the United States can not get enough hand sanitizer supply. Market research company estimated that about 3 million kilograms of hand sanitizer were shipped in the third querter which is 3 times more than last year (CNN Money.com). This emergancy pandemic makes every people get in hurry. The demand is higher than supply. But, as the antiseptic companies, they think that the higher demand is temporary. They hired additional workers to help the increase output temporary. After this bad flu season, every thing will go back. They do not think it is necessary to change the produce plan of the whole company and increase the tremendous products. That may be increase the cost of inventory.
Actrually, hand sanitizer can not instead of soup and sink. People use hand sanitizer usually because people cannot get hands wash. In order to increase the immunity system, we should wash hands as much as possible, especially after using public computer in library.

what do different companies all of the world to do?

During the slow economic recession, all the companies in the world try to find an effective way to additional benefits. During the article Recruitment and Retention across Continents, Lauren Forgacs lists different companies all of the world to find out how does organizational learning work during the economic recession.
In China, most companies focus in a new era. Policymakers prefer to cut training budget at this moment and focus on the short-term benefits to resist the economic crisis. In the Middle East countries, they try to find an innovate method to fit the environment. Managers are going to set up a new department to find out the talent and creative people. They believe that the creative team will lead staff happy and achieve their objective. In the Latin America, most leaders put people first. They focus on the culture to fit the organization because they think people are the basic factor to get higher profitability. In Latin America a lot of people move to other countries for the better quality of life. As local managers they engaging and retaining staff to keep the companies functioning. In Europe countries, they focus on the retention and control productivity. Many organizations choose re-evaluation and figure out how the companies should be shaped and which activities need consider firstly. They value the contribution of the learning function and reduce work-related stress of people.
Organizational learning is necessary for the companies’ development especially during the economic crisis. It plays a significant role in changing economic environment. It should become more efficient and effective. The organizational learning must keep on going during the business operate process. The only effect of organizational learning is helps the companies to achieve the business goal.

Forgacs, Lauren. Recruitment and Retention across Continents, T+D, Jun2009, Vol. 63 Issue 6, p40-44, 5p,
http://search.ebscohost.com.libsrv.wku.edu/login.aspx?direct=true&db=aph&AN=40928494&site=ehost-live

"guanxi"

I am very interesting when I saw the word "guanxi" in the BA510 textbook Chapter13 on page 533. In the textbook, "guanxi" means," In China, a person's network of personal and business connections".
As the economic development, "guanxi" is more and more popular. It is very important between the employer and employee during the business. The positive "guanxi" will motivates people communicate each other, establishes a strong networking relationship, overcoming the competitive disadvantages, acquiring power and reduce the cost, and so on. Also the most important thing is positive "guanxi" reinforce the organizational citizenship behavior especially for the small business. Sometimes a positive "guanxi" may decides whether success or not for a small business. But it also brings some negative impacts. For example, "guanxi" may encourage unfair. Many employees' "guanxi" with their boss is closely relative to their pay and position. Some managers make unfair decision because of the "guanxi" with some interest person.
Right now in China, we encourage GREEN "guanxi' which means good for the relationship between employers and employees. It will beneficial to the company's operation and development.

Colorado lower minimum wage in 2010

From the New York Times, I knew the Colorado state is going to lower minimum wage in 2010. The reason is because of the falling inflation rates. The author writes that, "The state's Department of Labor and Employment said Tuesday that it planned to lower the minimum wage to $7.24 from $7.28, after an August federal consumer price index report showed that the cost of living had fallen in the state". In my opinion, everyone do not want to be decreased the wage, especially in the slow economy and falling inflation. Also the consumption level in Colorado is low in the whole United States. Anyway it is not a good news for the low income person in Colorado State. Although just four cents do not sound a big number that would make people feel uncomfortable and arouse lots of complain.

How fast it goes!

Oct 1,2009 is the 60th Anniversary of China. There was a spectacular parade in Beijing. About 200,000 people participated it. It reviewed the achievement of China for the last 60 years. Actually, China developed very fast during the last 20 years. That because the government issued a lot of policies which are encourage economic development. 'Open window' is a typic policy which introduct foreign capital. It encourages foreign tradesman to set up companies in China. There are many preferential for them. After that a lot of Joint Venture companies operated in China. It spured the economic development, solved the allocation of labor, and brought higher level of marketing theory. Also there are lots of preferential tariff policy attracted foreign investment.
Just 20 years, Chinese economy took a huge changes. Many people suprised it. It is incrediable. I think the most important thing is open the door to the world. To communicate and learn the advence science and technology each other, enchange the experience to achieve a win-win situation.

I learnt from the International Festival.

There was an International Festival in Bowling Green downtown yesterday. Every country had a table to show their culture and sell traditional souvenirs. As a volunteer, I help Chinese Students and Scholars Association (CSSA) to sell the souvenirs.

During the day, I got a lot of experience of selling: firstly, as a seller, you must understand what the customers' desire. You must analyse the psychology of comsumers. Secondly, confidence is very important as a seller. You must introduce the productions with passion and confidence. Thirdly, you can use selling skills to communicate with the comsumers. You can ask questions to customers, praise their dress or jewerly, and so on. During talking, you can get the information from customers. Then you will know what the customers interested. What kinds of the souvenirs they want. Sometimes, you need to show how does the productions use for even though you know they won't buy. Bucause usually consumers buy something which they do not really want. They buy just because they are interested your production at that moment. So sellers' introduction and explain is very important.

Under such slow economic environment, the successful selling should mostly depend on the sellers' skills. I talked with customers and explained them Chinese culture. They were very interested them. After they knew what the souvenir means, they bought it. I was very enjoyed the selling day.