Volume 35
Published on November 2023Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development
With the increasing demand for medical care, the development and impact of the medical instrument industry receive widespread attention. This article analyzes the market, policies, and other relevant information of the medical instrument industry in the United States and Germany. In the 21st century, the United States has the world's largest medical device market and the most advanced medical device technology, and has a strict and efficient examination and approval agency led by the FDA. It is the country with the most development prospects and potential, and has given birth to several highly competitive and innovative medical device enterprises. Germany has a century-long history of producing high-quality medical devices, and is the third largest medical device market in the world, second only to the United States and Japan. Siemens is one of the few large medical device manufacturers in Germany, which plays an important role in promoting the development of medical device industry in Germany. Taking Medtronic and Siemens as examples, the development of medical instruments is of great significance for the development and stability of a country.
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Fast fashion companies are renowned for offering "affordable, fast, and fashionable" clothing, providing more consumers access to affordable fashion. With the advancement of corporate social responsibility globalization, more and more consumers are also concerned about the corporate social responsibility of fast fashion brands. Taking H&M Group's corporate social responsibility as an example, this paper examined the relationship between Chinese consumers' purchase intention and CSR, discussed the critical considerations for consumers to make purchase decisions for fast fashion products, reviewed the pertinent research on fast fashion, CSR, and elaborated on the interplay between the three and how they affect one another, with the hope of advancing the field of corporate social responsibility research in developing countries. The empirical findings of this study can aid decision makers in comprehending the attitudes of Chinese consumers toward corporate social responsibility, encouraging businesses to actively implement social responsibility strategies and assisting businesses in carrying out corporate social responsibility marketing. The 92 valid questionnaires collected in this study's questionnaire survey yielded the following findings: due to individual variances, the CSR of fast fashion brands affects consumers differently in China. Corporate social responsibility is crucial and can in some cases help to control consumers' intentions to make purchases.
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Since the 21st century, the rapid development of the internet has led to the digitization of the music industry. In order to expand its business areas and scale, Tencent acquired China Music Corporation. This move will not only help Tencent and China Music Corporation achieve complementary advantages and work together to seize the dividends of the internet era, but also fill the gaps in related areas and enhance Tencent's overall competitiveness. However, both Tencent and China Music Corporation have not disclosed much information about this acquisition, and the media has not reported extensively on it. The purpose of this article is to integrate and summarize the relevant information of this acquisition, analyze the strategic objectives and financial effects of Tencent's acquisition of China Music Corporation, and fill the gaps in related information on the internet. Based on the analysis of the financial statements before and after the acquisition, this article will rationally analyze the strategic objectives of the acquisition and the financial effects of the acquisition. The choice of Tencent's acquisition target is correct, as China Music Corporation can effectively make up for Tencent's shortcomings in the field of music. This acquisition not only improves Tencent's music industry chain structure, but also conforms to Tencent's diversified development strategy. From a decision-making perspective, Tencent is a trustworthy company for value investors.
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In China, the O2O industry has undergone rapid development and tremendous changes. From the initial group buying and takeaway services to today's various aspects of hotel accommodation, travel and holiday, ticket booking and lifestyle services, O2O has become an integral part of people's daily lives. The merger between VW Dianping and Meituan is a highly publicized event in China's internet industry. The M&A involves two leading O2O (online-to-offline) platforms, merging two competitors into one massive ecosystem with far-reaching implications for the competitive landscape and business models of China's Internet industry. Against this backdrop, an in-depth study and exploration of the VW Dianping and Meituan mergers and acquisitions can provide a better understanding of the history and trends in the development of this industry, as well as provide more valuable references for future development. By analyzing the motivations for the M&A, the study finds that the M&A has had many positive effects on Meituan and VW Dianping and has driven the efficiency and business expansion of both companies, facilitating the building of a business ecosystem with Meituan at its core, providing opportunities as well as bringing more challenges, while having far-reaching effects on the companies themselves and the industry.
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Under the background of China's automobile market where the concept of environmental protection prevails, the representative traditional fuel vehicle company Audi is used to discuss the relationship between fuel vehicle companies and China's sustainable development policies. The purpose is to discover how traditional car companies should change their status quo in the twilight Chinese market of fuel vehicles. First, it is important to recognize the importance of China's sustainable development policy and corporate social responsibility and the government's high regard for it. The paper then examines Audi China's sustainability initiatives, including its efforts to reduce carbon emissions, improve energy efficiency, and promote electric vehicles. And this article also puts forward some suggestions on the measures that Audi China can take to deal with these challenges. And summed up the changes that Audi China should make under the environmental protection concept of the Chinese market.
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With the continuous development of Internet technology, Internet+ has become a hot topic today. In this context, companies need to pay more attention to consumer satisfaction in order to improve their market competitiveness. Therefore, this paper aims to explore the influencing factors of satisfaction in the Internet+ perspective and conduct a comparative study of different influencing factors. The purpose of this paper is to investigate the factors influencing consumer satisfaction based on the SERVQUAL model in the Internet+ perspective. Through a review of related literature, this paper summarizes the changes in consumer needs in the Internet+ perspective and the applicability of the SERVQUAL model in the Internet+ environment. Based on this, this paper constructs a research framework of consumer satisfaction influencing factors based on the SERVQUAL model and proposes the following influencing factors: service quality, price, brand image, product quality, marketing strategy, etc. At the same time, the definition of satisfaction is explained and the influencing factors of satisfaction are sorted out in this paper. Subsequently, this paper presents a detailed analysis of the influencing factors of satisfaction in the Internet+ perspective, including product quality, service quality, price, brand image, etc. This paper adopts a questionnaire survey to investigate the consumers of platform-based companies and conducts a statistical analysis of the survey results. By comparing the consumer satisfaction of the platforms, this paper derives the degree of influence of different influencing factors on satisfaction.
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This paper examines the effectiveness of the time series momentum strategy in generating positive returns in the US stock market, with a focus on exploring its dynamics and performance using different moving average methods. The author conducted an empirical analysis of the time series momentum strategy using S&P500 data from 2000 to 2022. A regression model was applied to estimate the expected returns and volatility of each as-set, and then an evaluation of momentum trading strategy based on different moving average methods was developed. The author evaluates the performance of the strategy with and without transaction costs. The study contributes to the literature by providing empirical evidence on the effectiveness of the time series momentum strategy in the US stock market and by exploring the performance of different moving average methods on the strategy. The findings of this study can provide insights for investors and portfolio managers interested in implementing momentum strategies in their investment portfolios.
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After China put forward the development goal of carbon neutralization and peak carbon, new energy power such as wind power, hydroelectric power, and solar power are undergoing booming development. The plan of carbon neutrality not only has environmental values but also has great economic values for China’s economy. This paper will study the topic from the following aspects: Literature review, carbon neutrality development in China, potential impacts of carbon neutrality on the Chinese economy, and the economic impact outlook. The transition to carbon neutrality brings great benefits for China despite its challenges. This study focuses especially on new energy resources by analyzing the real changes that took place in China in recent years on the way to achieve carbon neutrality. Given the fact that China is still in a critical stage of development, energy storage is of great importance to China. It is no doubt that China’s transition to new energy resources is a huge driver for its economic growth and economic boom.
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The highly restrictive Green Belt policy in London, United Kingdom has created a dichotomy between living environments and natural surroundings, posing challenges to urban development. In an attempt to alleviate this situation, this study focuses on the New Barnet residential area, located adjacent to the Green Belt, and summarizes the issues faced by the residential area based on field investigations. Subsequently, the integration of urban living spaces and natural spaces is emphasized from three spatial scales, proposing and elucidating the spatial pattern of “Green Courtyard Residential Areas.” Lastly, based on three issues related to the site’s original condition, the outcomes of the renewal are presented. Quantitative comparative analysis is conducted on the data before and after the renewal of green spaces and residential buildings, followed by a feasibility analysis of the renewal scheme. The proposal of “Green Courtyard Residential Areas” provides a potential solution to reconcile the juxtaposition of living spaces and green spaces in London.
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This paper focuses on the decision of a manager or supervisor to delegate a task or responsibility to one or more employees as “delegation”, or DOA for short; It also focuses on the influence of globalization on the workplace empowerment system and proposes that a mixed cultural environment, the authority of leaders is not only based on actual ability but also on subjective cognitive decision-making. Globalization has made technological skills available to the international market, and governments and non-profit organizations need to establish cross-cultural empowerment systems to promote the growth of different groups. In this context, implementing mandates faces multiple obstacles, such as discrimination and stereotypes based on gender, race, and ethnicity. The impact of discrimination will be examined by data from the Pew Research Center’s 2019 Race in America report. This article will compare real-world case studies to weigh the pros and cons of cross-cultural empowerment. Second, make recommendations based on generally accepted views of cultural influence and individual agency. In addition, this paper also discusses the characteristics of the situational leadership model, the third culture, and Hofstede’s cultural dimension theory as its foundation. In this paper’s case study of China Europe International Business School in Shanghai, a significant conflict between different cultures occurred. Based on the situational leadership model, the third culture, and Hofstede’s theory of cultural dimensions, to solve the problems of distrust and language barriers in communication, using a third language can effectively alleviate possible conflicts.
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