INTB 1203 Study Guide - Midterm Guide: Foxconn, United States Environmental Protection Agency, Deflation
16 Dec 2016
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Production for flat-panel displays migrates its way around the globe to low-cost locations. Winners: u. s. consumers benefit from the falling prices of flat-panel tv, increased demand. Efficient manufacturers have taken advantage of globally dispersed supply chains to make and sell low-cost, high- quality, flat-panel tvs. California-based company vizio, founded by a taiwanese immigrant. Vizio outsources most of its engineering work, all of its manufacturing, and much of its logistics. Panel from south korea, electronic components from china, processors from the. Cheapest manufacturers of flat-panel displays and electronic components. Sell most of their tvs to large discount retailers such as costco and sam"s club. Global logistics, allows vizio to turn over its inventory every three weeks, twice as fast as many of its competitors. Growth gdp of 13. 5%, 2nd best in the world, newest middle income nation in africa. 2 major exports: gold & cocoa, start of oil production.
