Supply chain management is becoming an increasingly vital component in the success of an organization. Business and government leaders continue to recognize the importance of having robust and resilient supply chains. This trend has been accelerated by the COVID-19 pandemic which brought to light the fragility of the modern global supply chain network. Decades of offshoring has led to the inability of businesses to adequately manufacture critical supplies in times of crisis. This reality is most prevalent in the healthcare industry. Antibiotics, pharmaceuticals, PPE, testing equipment are almost entirely sourced from Chinese manufacturers. Building a more resilient healthcare supply chain requires a revaluation of critical items, cooperation between businesses and government, and recognizing the precarious situation for the United States which has become completely reliant on foreign manufacturers. <br/> Businesses are looking to develop more resilient supply chains which can respond and predict unforeseen market circumstances. The federal government is reckoning the national security concern of sourcing nearly all antibiotics, and pharmaceuticals from Chinese manufacturers. Aligning the goals of key stakeholders and developing the necessary incentive structure to encourage domestic manufacturing is necessary to respond to this crisis. As the global economy becomes increasingly interconnected and dependent on changes to markets anywhere on the globe, a renewed focus on proactive strategies is necessary to ensure the security and resiliency of the United States healthcare supply chain.
Normally one associates competitive advantages with companies instead of countries. However, when it comes to international trade it is important to try and understand why some countries have had more success than others in exporting different commodities. The goal of this project is to outline and conduct a strategic analysis of countries exporting softwood logs and sawn wood to the Chinese market and address the issues China’s demand will have to face. This issue is that Russia is proposing and already in the works of initiating a ban on exporting softwood logs in January 2022. With Russia withdrawing, this will leave a large gap in the market share for which other countries will have an opportunity to capture. Therefore, this project focuses on a comparative analysis of what strategies countries could implement to sustain this demand. China has grown and continues to be the largest consumer of softwood in the world. This has led to sustainability being a large concern for Russia who has been the longest major supplier of softwood timber to China. China also knows that by itself it does not have enough wood to support its entire population and relies heavily on importing timber from other countries. Now with Russia discontinuing to export softwood logs in 2022, China will need to find a way to import enough softwood logs to meet its demand. The main question this project tries to answer is how and which countries will be able to do this. By analyzing the external environment of China’s softwood imports, the internal environment of countries, and then concluding with a SWOT analysis this project will try to assess which countries have the capabilities and resources to jump on this opportunity.
Dr. Larry E. Penley was the dean of the W. P. Carey School of Business for 12 years. Dr. Penley came to ASU in 1985 and served for one year as the Chair of the Management Department within the College of Business. He was born in Virginia but grew up in eastern Tennessee. He received his bachelor’s degree in psychology from Lake Forest University and then went on to receive his PhD in management from the University of Georgia.
As mentioned, Dr. Penley came to ASU in 1985 as the Chair of the Management Department. He assumed the role of interim Dean for the College of Business when then Dean, John Kraft left ASU. In this interview he describes the College of Business as it developed a top ranked graduate program as well as a top ranked undergraduate program. He also touches on how the College would later become known as the W. P. Carey School of Business.
The surge of United States high-tech firms offshoring operations to China was driven by economic incentives of the early 1990s, low costs of labor, and ample access to an abundance of resources required in high-tech manufacturing. The dawn of the 21st century served as the advent of technological advancement and innovation in congruence with China’s rapid ascension as a prime high-tech manufacturing hub. However, increased allegations of foreign intellectual property (IP) infringement in outsourced research and development (R&D) and manufacturing on behalf of China’s state-owned enterprises (SOE) have evoked concern amongst international speculators, who allege China of weakened intellectual property enforcement and collusive tactics with state-owned enterprises in the cultivation of an anti-competitive marketplace. This thesis applies a trilateral approach to determine the optimal legal, supply chain management, and business strategies to safeguard the intellectual property of high-tech firms with outsourced operations in China.<br/><br/>Firstly, this thesis explores China’s rapid acceleration of manufacturing capabilities in tandem with nationalist initiatives, historical background, and subsequent influence cultural notions; aspirations in attaining global dominance as a high-tech innovator via nationalist programs and incentives. Succeeding is a comparative analysis of intellectual property between the United States and China, associations between intellectual property protection and economic development, and global intellectual property agreeance as set forth by the World Trade Organization (WTO). Following is a legal analysis of China, which assesses legislation, judicial structure, and litigation. Lastly, is an assessment of supply chain management in China, which assesses high-tech outsourcing practices, the vulnerability of intellectual property in research and development, instances of patent infringement, unfair licensing practices, and trade secret misappropriation.
The United States and China have entered a geopolitical competition for power and influence unseen since the Cold War. By examining the nature of this contest through the lens of Thucydides' History of the Peloponnesian War and Graham Allison's Thucydides' Trap theory, it is possible to analyze the nature of this relationship, and make predictions as to where it may lead.
As China is using its Belt and Road Initiative to solidify strategic partnerships, which China is consciously forming with the intention of engineering shifts in the regional balance of power, it strengthens its hegemony and therefore raises the significance of the BRI and CPEC as an instrument to position itself as an emerging global power. I will explore this thesis statement by using the China-Pakistan Economic Corridor as a case study.
This study contributes to the understanding of how the adoption of ERM influences the financial performance of Chinese commercial banks, and has important practical implications. Based on the empirical findings, I recommend all commercial banks in China to adopt and implement ERM so that they can better cope with the challenges presented by macroeconomic uncertainty, marketization, and internationalization. In the process, it is critical for them to understand the mechanisms through which ERM influences their performance. Meanwhile, they shall be aware of the operational costs associated with the initial adoption of ERM, learn from the experiences of those that have already adopted ERM, and have a long-term orientation about performance effect of ERM adoption. Supervisory authorities can also play a key role in guiding commercial banks to be more effective and efficient in the adoption of ERM.
