Essays on Knoop

Introduction

Lenovo is the Chinese company headquarters in Beijing, china and the second head quarter is in North Carolina, United States. The company Lenovo is indulged in the making of the personal computers, tablets, smart phones, and a lot of IT software, workstations, televisions, servers, and smart televisions. The Lenovo is successful in getting the largest unit sales. They develop, design and manufacture all the items mentioned above. They market the think pad for the notebook computers. Similarly, idea pads for the notebook computers. Idea center helps the desktop line, and yoga line helps in marketing the notebook laptops and ...

Lenovo Group Limited is a multinational computer technology corporation that develops personal computers, servers and IT software. Amid the global dotcom bubble in the 2000s, Lenovo began to pump resources into sectors such as mobile phones, internet-related business and information technology services. The technology joy ride was short-lived as competition at home grew ferociously with the mainland's entry into the World Trade Organization, eating into Lenovo’s bottom line. After this ill-fated strategy of diversification and a focus on the domestic market between 2001 and 2003, Lenovo chairman Yang Yuanqing said in an interview with the South China Morning ...

Difference between a final good and an intermediate good and their treatment in GDP calculations

A final good is the commodity in the hands of the final user for example orange juice made from oranges while an immediate good is the commodity used as an input during the production of the final good for example, oranges used during the production of orange juice. In the definition of all economics of GDP, there were consultations and references to final goods and services. Since GDP is the total value in the market, there is justified need to specify them as the final goods. A big difference lies between the intermediate goods and the final goods. Final ...