Economic:How world's biggest ship is delivering our Christmas-all the way from China

Let's talk about the benefits and the cost of use the biggest ship to transport!
benefits:
I think there will be less pollution for unit carried and massive the capacity, because they can transport a lot of containers by a big ship. Also it will be reduce the price , because the cost of transport will decrease for instance the biggest ship just need transport thoes goods at once so it save the cost. low labour cost as well, because there are only 13 crews which this case study mentioned. Also low fuel cost per container carried.
costs:
Build a biggest ship must cost a lot, also if a ship is very big, the speed will be reduce because when they want to pass some canal, for example Suez canal, they will use a lot of time. Also ore railway line needed. If they want to save money, the capacity of this ship must be full.
Then, I would like talk about if UK trade with China.
If UK trade with China, they can spend less money to import, also when they transport some products from China to UK, they can creates jobs for transport. Also it leading to lower cost push inflation, because the products from China is cheap which reduce the price of goods. However, trade with China might reduce the manufacture job in UK.

Problem 7 The unexpected exam: Has teacher been Hypocritical?

This is a interesting article which talk about Logic. Now I am going to discuss the question 'Has teacher been Hypocritical'

As Patricia said there will not have exam between now and the end of the term, which seems like the teacher was joking, he not really want to held a exam. Normally, this behavior like hypocritical, because he said that doesn't mean he will do that things, just because those words can make people to achieve other aims. I think teacher do this because he want to motivate his student to work hard, like Bob said in this case study. Also this idea possible is a real test,just do not need paper and pen, only need these students to thinking, and then it can reflect how those students logic thinking. Bob and Pracitia here are different example, Bob thinks they will have exam and he wants to read all text book before the test day, I think this is a little bit cheating, because short term memorise do not mean can remember for a long time, past the exam doesn't mean it will be fine in the future, so for teacher simple thinking of Bob is a result for this testing. In another hand, Pariticia is a good example for use logic thinking to pass the exam, because she thinking about teacher might be have a joke with them, teacher does not want to have a real test, just according to this way to receive the information of his students which is how will they thin of this question and deal with it. Also, if it a no paper exam, the result of particia is good, because she use logic thinking to solve the question.

Therefore, if teacher hypocritical or not depends on what does the teacher think about, and basis on it the teacher must want to motivate students to work harder harder and harder.!!!!!!!!!

The costs and benefits of High Speed Rail.

costs of High Speed Rail:

• the cost on build and maintain a high speed rail is very expensive.
• high speed rail has limited function, because people can not walk or ride a bicycle on high speed rail it just use for the car.
• very noisy, it effect people who live next to the high speed rail.
• Drive car with high speed will leading to accident
• use a lot of land

benefits of high speed rail:

• high speed is a benefit as well, because more convenient.
• huge capacity f car
• low congestion
• save time
• good for transport

10 solution, End Britain's oil addiction

I do not think end Britain's oil addiction is a good idea, because it influence the economy all over the world and Britain can not live without oil. We know that oil is a scarce resource, and we can not use it for forever, it must be finish for one day. But now we can not stop to use it.

but in another hand, maybe in 15 years we can exchange the or to electricity, which is mentioned by Shai Agassi. if this will be come true, this is a business for Britain, because they can produce electric car, and sell it, and then they make a lot of revenue from this, and also the oil is save by them. However to invent this new technology car need a long time, and we can not calculate how much money we will spend. Also ,in fact, to end oil addition the other countries which apply oil will effect by this decision, for example, if Arabia can export oil, their economic will decline, because export oil is their main trade which can earn a lot of money.

Anyway, this idea is possible to become reality in the future, because with the information age, nothing us impossible. yeah!!

How can EF increase the profit

EF is the biggest personal English Educational institution, and it include language study, study in aboard, travel and courses. Nowadays more than 5o countries have EF, which means the scale of EF is very big.

Now, I would like suggest which can help EF to get more income.

• set up more symbiosis with other countries agency, which include tourism agency and educational agency. EF has a fantastic advertising, they have video, poster and so on. But expand the scope with those agency will increase the demand, because agency like a advertising.
• Nowadays EF has running A level course, this is a good point which add a new types education in EF. Because almost EF is a language school. Because of EF do not have a lot of experience when they establish A level course just for 1 year, therefore, they do not attractive people. However, EF is quite popular of the world, So I think people believe they have a good quality of education,and some of them may want to try to study A level here. In my opinion, to expand the size of A level course is quite important, because it is like if they have a lot of student study in there, it is more attractive, but if just a little, consumer may think maybe something not very good in this school, and of course they may change their mind. Thus I think to expand the size of A level course is quit important.
• signet EF logo on bag, note book, pen, pencil box, and anything that can signet, because consumer like those things which may make them feel confidence, like I am from this school, and also people will see EF logo when they go to shopping with that bag or others. Therefore it like a people to people advertisement which can make more people to know what is EF, what does EF do.etc.
• pay attention to their competitors, because now more and more educational institute has established and some of them have the same quality of EF, therefore know their competitors very clearly can help EF cut the cost and get more revenue.

these 4 advises above are my own thinking I hope it is useful and if you have more idea please tell me.

Hurbank plc report

Hurbank is a long established British producer of luxury clothing and accessories.At the start of 2008, Henry,who is the Chief Executive in this company,was asked by Board of Directors to consider cutting costs by relocating Hurbank plc's shirt production from cell ton, in the north of England, to China. In this case study, they give us some data which I will analyse below.

From Appendix A, it seems like the cost of Cell ton factor is more than the benefits. Because according from this data, it shows the trade union membership is 80% of all employees which means trade union is very powerful, this is a good thing for the workers, but I do not think it is good for their boss, because if the power of trade union is very strong, the boss of this company may spend more on them, for example they may ask boss for higher wage or higher work condition and so on. But in this appendix also has a benefit which is the labour productivity compare to five years ago is 40% more, which means they may get more profit. However, overall of this appendix, I do not think Cell ton factory will cut the cost, and also this might be the cause of why they want to relocation of their factory.

let's have a look Appendix B. In this appendix it shows Unemployment in the region of the factory in China is 14% which is very high and that is good for Hurbank to recruit those people with lower price. there is a data shows the average annual pay within Chinese region is 2000 pounds which is very low. in another hands it shows forecasting percentage of shirts returned by customers due to defects if factory is basedin China is 1%, this is a good news 1% is quite low. However, forecasting lead time to retailers is 4 weeks which is take a long time and I do not think retailers want to wait their supplier for a long time. Also the exchange rate of pounds will decrease 18% which means Hurbank will loss some money when they exchange their money to Chinese currency.

Anyway In appendix C, it shows Hurbanks plc get more revenue than before which is a good news and it tell us relocating in China help them save money and get more revenue. these graphs shows in another page approve this point. In appendix D and E are shows the revenue goes up if they relocate the factory in China.

Overall, I think if the company relocate the factory in China they will save a lot of money on employees, land, material, and so on which means they will get more revenue. But before they relocate it , they should do more research to prove if this decision is right or not.

Extra work

I am not sure about how to write this topic for a right way, after I read Nara's article, it gives me some enlightenment.

I think it is possible to use a scientific approach effectively in a subject that deal with human beings.
Economic exist everywhere and every time. In our life when you leave your house and close the door, you will meet the economics. In this information age, economics is essential for our normal life, especially for our communication. But, for some people who live out with economic society, for example for some tribal society, they do not need money, they do not know what is money. therefore they might do not need think about what is economic and will not have communication with economic. In other hands, like use psychoanalysis, it possible to deal with human beings, because when you know somebody very well, when he/she talk about something, according to her/his face, you will know what will he/she say at the next step. Also about biology, it can measure the action that people might to do. etc.

all the content that i mentioned above are use different way to reflect that it is possible to use a scientific approach effectively in subject that deal with human beings, but I do not think it is easy to carry out, there are some problem they will meet in the future. But I am not sure what those problem are.