Product Quality Law of The People’s Republic of China

Posted on January 5, 2012 by admin

Law of the People’s Republic of China on Product 1 Quality (Adopted at the 30th Meeting of the Standing

Committee of the Seventh National People’s Congress on February 22, 1993, promulgated by Order No. 71 of the President of the People’s Republic of China on February 22, 1993, and effective as of September 1, 1993).

Chapter I General Provisions

Article 1 This Law is enacted to strengthen the supervision and control over product quality, to improve product quality, to define the liability relating thereto, to protect the legitimate rights and interests of consumers and to safeguard the social and economic order. Continue reading →

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For the city and the whole world: New Nissan Micra in the test Fourth-generation small car starts as a 80-horsepower gasoline engine

Posted on January 5, 2012 by admin

Since 1983, offers small cars under the name Nissan Micra. 5.65 million vehicles were sold since the series, only three million of them in Europe.

On these figures, the Japanese manufacturer wants to continue with the fourth edition of the Micra. As a so-called “world car”, he will in future be offered in at least 160 countries. We have in the Copenhagen European version has been thoroughly examined. Continue reading →

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SMSF Investment Management – Thinking Like a Professional Fund Manager

Posted on January 5, 2012 by admin

According to this article “Small Funds now Biggest Sector of Super Industry” in The Australian newspaper on 1 October 2008, Self Managed Super Funds (SMSF) have become the biggest sector in the Superannuation industry.  As mentioned in a speech by the Australian Deputy Commission of Taxation in a SMSF conference in February 2009, funds invested in the sector is around AUD348 billion or 31% of total super funds and that equates to nearly twice the market capitalisation of the top 5 banks put together!

As a group, SMSF trustees control a staggering amount of money and we should start thinking as professional fund managers rather than as “mum and dad” retail investors. Continue reading →

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Risk Management In Stock Trading

Posted on January 5, 2012 by admin

Risk comes from not knowing the results of your actions. At the same time it is equally true that the root source of our earnings lies in our ability to take risks. Business, they say, is another word for taking risks. For any investor, risk is a fact of life.

There is a risk even in ‘safe’ investments such as bank deposits, because the earnings from interest may not be able to beat the rate of inflation. In financial matters risk can be translated as a state of uncertainty. It is a kind of deviation from the standard norms. Continue reading →

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Investing & Online Stock Trading – The Most Expensive Education Possible

Posted on January 3, 2012 by admin

To date, in our newsletter we have mainly concentrated on trading stocks and Exchange Traded Funds. We understand that some of our members also trade derivatives such as options, warrants and CFD’s.

We consider these to be the domain of experienced traders only, particularly as they are leveraged products which work both ways – they have the potential to magnify losses as well as gains.

We suggest that traders should learn how to successfully trade stocks profitably for a few years first – to master their skills in analysis, money and risk management – before you consider trading leveraged products. Continue reading →

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How To Improve The Quality of a Product

Posted on January 3, 2012 by admin
INTRODUCTION

In this era of “faster, cheaper and better”, companies are focusing on improving the product development process. New business strategies, new organizational approaches, new business processes and new enabling technology are being used by many forward-thinking companies to continually improve their product development process. How does a company keep up with these fast-paced changes? Some of the improvement opportunities are obvious to personnel within an organization. Other opportunities may not be obvious, or there are so many things to do that it becomes a question of where to start. Management will typically have a number of questions on the their minds: How do we compare with the rest of industry? With the best in industry? What are our strengths and weaknesses? Is our development process aligned with our strategic objectives? What improvements need to be made? Where do we start? What are our priorities given the resources that we have available? What benefits can we expect? How can we figure this out quickly so that we can get started? Continue reading →

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