Papers on "Low Costs Of Production In China" and similar term paper topics

Paper #091958 :: Low Costs Of Production In China
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An analysis of the effects of low cost production on the market in the United States.

Written in 2006; 5,314 words; 13 sources; MLA; $ 131.95

Paper Summary:

This paper discusses the low costs of production in China. It compares these low costs to the costs of production in the United States and discusses the reasons for the differences in the the costs of production between the two countries. The paper presents the advantages and disadvantages of production in both the United States and in China. It also discusses what effects the low cost of production in China have on the market in the United States.

Table of Contents:
Introduction
American Economy
Production in America
Issues Affecting Product
Costs of Production
Demand in the Market
Competition Between Manufacturers
Quality of Products
Affecting the Quality
Price of Product
Well Educated Labor
High Technology
High Quality Raw Materials Consumer Expectations from Companies
Low Prices
Higher Quality Products
Good Maintenance Service and Warranty
Economy in China
Production in China
Competitive Production Costs
Quality of Products
Comparative Advantages Between China and the U.S
High Population
Low Labor Costs
Low Land Costs
Low Costs of Production
Very Low Prices
Comparative Disadvantages of the U.S. Economy
Conclusions and Recommendations
Conclusions
Recommendations

From the Paper:

"During the past 30 years or more, the U.S. had the most powerful economy not only for its high production but also for its international trade strategy and production technology. But today, the U.S. is not the country of economic dreams as it was before. People are not as relaxed as they were regarding their jobs. In his 2006 study, Janitz stated: "People and companies are worried about losing jobs and opportunities" (p. 20). The main thread to U.S. jobs is outsourcing to China. The U.S. is badly affected, the unemployment rate increased, by the economic growth of China, and it seems it cannot do anything to reverse this situation. According to Janitz (2006), the U.S. still has a chance to overcome this problem by better management (p. 20). The Major advantage China has over the U.S. is its high population that offers a cheap labor force. These wages also affect the total costs of production and lower the price of products. This is the major problem the U.S. has to compete with. It's a general consumer behavior that they always want to buy the highest quality product by paying the lowest fee. Unfortunately, higher quality products cost too much. Before buying a product, consumers generally decide which one is most important for them: buying the product with highest quality or cheapest price. And another factor which helps them to decide is the costs of production."

Tags: economy quality FDI international trade

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