The Chinese government announced over the weekend that it will take steps to make its currency exchange rates more flexible. For the past two years, the yuan, or renminbi, has been pegged to the dollar at a fixed exchange rate. The move toward a more flexible currency regime will be gradual, as Chinese officials cautioned, [...]
I love the image above because it says so much about global brands and the global political economy. The implication is clear — Coca-Cola is a global brand that has penetrated every national market in the world, except, well, a few problematic ones. The image and its meaning suggest to us, first of all, the [...]
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Private Label Has Changed: The Old Store Brand is Now the New Exclusive Brand.
Good Books I've Read Lately
Making Innovation Work: How to Manage It, Measure It, and Profit from It by Tony Davila, Marc J. Epstein and Robert Shelton. Wharton School Publishing (2005). Available from Amazon.com.
The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too by James K. Galbraith. Free Press (2009). Available from Amazon.com.
The Power of Impossible Thinking: Transform the Business of Your Life and the Life of Your Business by Jerry Wind, Colin Crook and Robert Gunther. Wharton School Publishing (2004). Available from Amazon.com.
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