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China Prize 2 Flashcards

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1
Q

Two strong horses

A

investment and international trade

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2
Q

Weak donkey

A

consumption

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3
Q

china plus one strategy

A

having operations in china as well as another country in the region

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4
Q

deflation

A

reduction of the general level of prices in an economy

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5
Q

What the real motivation for manufacturing abroad?

A

is to be closer to their customers

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6
Q

famous saying: killing the chicken to scare the monkey

A

to make an example out of someone as a way to warn others

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7
Q

CSC9000T

A

code of conduct or management system

to help chinese manufactures comply with the law

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8
Q

CSR

A

Corporate Social Responsability

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9
Q

When did the antisweatshop movement take place?

A

1990’s

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10
Q

SARS stand for

A

Severe Acute respitatory syndrome

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11
Q

USCBC

A

US China Business Council

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12
Q

what is the cause of no fair competition

A

illegal activities

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13
Q

toilet culture means

A

workers who destroy pieces of clothing they were working on to protest a manager’s unfair treatment now complain to their representatives

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14
Q

Kaiping was best know for two things

A

Fortified watchtowers and its criminals

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15
Q

SA8000

A

Social compliance standard

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16
Q

T or F: Factories that treat their workers well are more likely to be able to consistently generate high-quality goods?

A

TRUE

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17
Q

Strategic compliance means

A

build trusting relationships with factories (their suppliers)

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18
Q

Fair factories clearinghouse

A

is a database containing pooling audit results to prevent factories from presenting diff. info

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19
Q

amnesty program in china means

A

factories agree to confess their true working condition with out penalty along as they sign up to a series of incremental improvements

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20
Q

orange school

A

Walmart school for its supplier that are not meeting the walmart standards

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21
Q

Name one of the responsible that china cheats?

A

Multinational through their demand they place on factories

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22
Q

Company that has a very strict point on bribery?

A

Walt Mart

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23
Q

Two other reasons china cheats key surroundings?

A

Cash flow problems, local conditions (power outages)

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24
Q

How does china cope with the diff multinational expectations?

A

Falsification

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25
Audit fatigue refers to
Factory managers tire of running around to satisfy different customers requirements while they could been running their business
26
One strategy Chinese manufacturers do to increase their profit?
gradually lowering the quality of materials used without telling their customers
27
What are the other consequence come with lying about the hours?
Lying about chemicals used etc
28
What are the color that Walmart uses for their system?
``` Green = pass or minor violations Yellow = medium risk violations Orage = high risk violations(failure the pay min wage) Red = most serious infraction (underage force) ```
29
FLA stands for
Fair Labor Association
30
Why are these codes important?
To protect brands and retailers from reputation damage
31
Which company was the first in the world to introduce a code of conduct for its suppliers?
Levi Strauss
32
Who put the city Shenzhen in the Map?
Deng Xiaoping
33
T or F: Places that have good working conditions have pretty tough requirements?
TRUE
34
Why discrimination among its chinese citizens?
city's population growth will be better controlled and the overall quality of its residents improved
35
For chinese what is mean eating out of share dishes?
Both physical and emotional nourishment
36
What is consider the carpet of a wealthier person
Golf course
37
Shenzhen speed refers to?
Building go up at the pace of one story every three days
38
Chinese New Year
Goes from January to February
39
Princelings refers to?
Sons and daughters of senior comunis party officials
40
Empty talk endangers the nation, practical work brings prosperity means
don't complain
41
2nd largest stock exchange is located
Shenzhen
42
Year that the planning policy was introduce
1978
43
What is the official language in china
Mandarin
44
Possible countries to compete with china because of cheap labor?
Vietnam, India
45
Invisible electric fence
Chinese authorities harassment to workers organizing elections
46
Ministry of State Security is compare to ?
CIA
47
Year when Tiannamen Square took place ?
1989
48
ACFTU?
All China Federation of Trade Union
49
another name for the ACFTU?
Transmission belt
50
ACFTU purpose?
look after workers interest
51
What does china consider the utmost concern?
Stability
52
Qingming festival focus on ?
Paying respect to decease family
53
Second gen migrants tend to go straight from school to the factories?
TRUE
54
Little emperor refers to ?
china's wealthier class solo offspring
55
Hukou system was design to?
help Beijin shape the country's development by allowing who would get to live in the socially and economically important cities and make it harder for general labor.
56
3 pieces of documentation that a migrant should carry?
Identity card, temporary resident permit,work permit
57
Hukou means?
Household registration
58
Blind wanderers refers to?
migrant workers
59
Factoires without smoke refers to ?
migrants that leave their hometown empty hands and come back with money
60
how many times is the gordes dam greater than the hoover dam?
5 times
61
by 2025 chines coal demand will ?
double
62
burning coal can cause ?
rhinitis, trachoma
63
fake reporters are?
people who arrive at the scene of a mining accident and extort money from the owner in exchange for not reporting it
64
Of all millionaries in china how many are coal miner owners?
1/3
65
How can you tell the rank of a chinese miner?
By the amoun of soot in his face
66
bitterness for Chinese means?
hardship
67
Green GPD
quality, rather than simply quantity of growth
68
What the problem with laws and labor in china?
reinforcement
69
Environmental refugees
People evicted from their land by pollution
70
Highest incident of death from lung cancer is in what providence of China?
Shanxi providence
71
What percentage of GDP a year does the environment damage cost?
10 %
72
Largest coal production region?
Shanxi
73
coal habits for china account for what % of smoke?
70%
74
T of F is China the largest producer and consumer of coal in the world?
TRUE
75
What part of china are the factories located?
South
76
Safety Action refers to?
Injury insurance for migrants in dangerous jobs
77
One ocupational illness?
pneumoconiosis (lung disease)
78
Mentallity of chinese if you sacrifice workers rights you get much higher GDP?
TRUE
79
little experts are people that?
workers that sue and deal with the Chinese legal system
80
how many years do workers have to work to contribute to their pension to qualify for benefits?
15 years
81
Largest jewelry production?
Guangdong province
82
You like to eat chicken but you don't want to see how the chicken was killed refers to
owners that let local managers deal with their factories
83
NGO stands for
Non governmental organization
84
what is one of the problems about sub contractors?
You can't control what you can see
85
Five start factories are paid
by the month
86
Black or shadow factories are paid
daily
87
survival of the cheapest refers to
china's export manufacturing sector
88
why is so tough to do business in china?
because you have 100 or 200 competitors
89
the race to zero
shoppers, retailer and supplier demands price declines.
90
soft three dollars refer to
manufacture in china at $1 is retailed at $4
91
Sweatshop are
factories especilaly in the clothing industry, where manual workers are employed at very low cost for long hours and under poor conditions
92
SEZ stands for
special economic zone like shenzhen
93
what did the greap leap reform produce?
Chaos, famine, and devastation
94
Iron rice bowl meant?
Benefits: including housing, health care and a pension
95
Who introduce the greap leap and the iron rice bowl?
Mao
96
Gross Domestic Product
Total value of goods produce and service provided in a country
97
world greatest shopping mall
canto fair
98
who are directly responsible of the china's extraordinary growth?
Migrant workers
99
clusters make china?
Unbeatable

China (6 decks)

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