Return to 78: Why are all the Americans panicking about doing scientific research?
Chapter 175 Boycotting foreign goods: Will history repeat itself?
According to Lin Kaifeng's bet agreement, he will provide Best Buy Group with a new home appliance every other year.
While products from the island country are not popular, Best Buy Group will certainly continue to increase its business cooperation with Northern Machinery Company in order to maintain its market share.
Now, the cooperation between the two companies is a win-win for us all.
When the US government takes action to clean up the island country, Best Buy Group will purchase a large number of electrical appliances from the Dragon Country in advance, and the group's development will reach a new level.
But what will the situation be like a few years from now?
Will past history repeat itself?
How should Best Buy Group respond then?
President Steve said in a stern tone: "When you say history repeats itself, do you mean that Dragon Country products will replace Island Country products and once again impact our local products?"
Joseph sighed and said, "Many things actually have traces to follow. History is a cycle."
"The authorities have gradually shown their momentum to crack down on products from the island countries."
"The share of goods exported to us from the island countries has been greatly reduced."
"In order to win over Longguo and deal with the Russians together, the government's attitude towards Longguo will inevitably be unprecedentedly conciliatory in the future. Electrical appliances from Longguo entering the United States will definitely not be subject to the same restrictions as those of the island countries."
"But if the threat from the Russians weakens and the government reduces its efforts to win over the Dragon Kingdom, what will happen?"
"Mr. President, we have to think about the future."
Joseph mentioned the consistent policy of the United States in a serious tone.
It is always discarded after use.
The cooperation with Longguo is based on jointly dealing with the Russians.
One day, the Russians collapsed.
The importance of Dragon Kingdom will also decrease accordingly.
“Establishing a joint venture with Northern Machinery is the best solution.”
"As for the distribution of corporate shares, our Best Buy Group holds the absolute majority of shares. According to relevant U.S. laws, when U.S. shares account for the majority of a company, the company is a U.S. company."
Having said that, there is something that is not convenient to talk about, so Joseph simply lays it out and talks about it directly.
The labor cost in the United States is terribly high. Locally manufactured goods are more expensive than those imported from the island country.
This is also why a large number of American people have a love-hate relationship with the products of the island country.
On the one hand, out of self-esteem, the American people hate the fact that products from other countries occupy the American market and take away American jobs.
On the other hand, goods from island countries are indeed cheap.
Although the products of the island nation are no longer of good quality and low price, they still have certain advantages compared with similar products in the United States.
Replacing island country products with dragon country products has become the main policy of Best Buy Group.
Within five years, a large number of Dragon Country products entered the United States.
It can make Best Buy a lot of money
When products from the Dragon Country appear in every corner of ordinary American homes like products from the island countries, and are integrated into their food, clothing, housing, transportation, etc., will the capital community and the public experience a new round of boredom?
Will the authorities take action against Dragon Country’s products and impose sanctions, restrictions, and blockades?
It is entirely possible.
Within this cooperative company, Northern Machinery Company is responsible for the production and design of products.
Carry out technical upgrades of products according to market demand.
Best Buy is responsible for selling and maintaining the legitimate interests of goods.
"Mr. President, from now on, when the group orders household appliances from overseas, it will not place orders directly with Northern Machinery Company, but with this joint venture."
"U.S. companies can perfectly avoid all risks by placing orders and purchasing goods from U.S. companies."
Northern Machinery Company provided technology, manpower and production lines, and Best Buy Group put in enough funds to occupy the largest share of the joint venture.
Change the nature of the company from a joint venture to a completely American enterprise.
The company's headquarters is located in the United States, and it has invested a sum of money to build several factories.
Responsible for labeling and outer packaging of products from Longguo.
Northern Machinery Company will export the manufactured goods to the United States in the name of spare parts and hand them over to the joint venture.
The joint venture directly connects with Best Buy Group.
The labeling and docking methods are very important, and therefore the most critical link.
The joint venture obtained spare parts exported from Longguo and put them into its own production plant to complete the transformation.
Imported "spare parts" go through domestic factories in the United States.
When it comes out again, it becomes a genuine American product.
President Steve sat back in his seat and said with a complicated expression: "Lin Kaifeng is not only a business genius, but also a devil. He can think of such a solution. His innovative thinking ability is simply terrifying."
After Joseph's patient explanation, if President Joseph still didn't understand, he was not worthy of being the top executive of Best Buy Group.
to be honest.
That is to label the products produced by Northern Machinery Company as semi-finished spare parts.
They are shipped to the US and labeled with the Best Buy logo.
Sell it as American product.
Previously, although the cooperation between Best Buy Group and Lin Kaifeng was also labeling and OEM, it could not change the nature of import and export.
This time, the cooperation between the two companies will be more clever and safer.
The exported goods are no longer finished products, but semi-finished components manufactured for the joint venture.
The nature of Northern Machinery will also change from Best Buy's OEM manufacturer to a cooperative parts processor for cooperative enterprises.
"Mr. President, the labor cost in Dragon Country is much lower than that in our country and the island countries. It can almost be completely ignored."
"Their production and manufacturing capabilities are no less than those of the island countries, and they also have advantages over the island countries in terms of raw materials."
"No matter from which aspect, this cooperation will make us unimaginable profits."
Joseph made clear his true feelings, believing that such cooperation would bring only benefits and no harm.
It is definitely worth a try.
President Steve said nothing.
With real money in front of them, no one would resist such cooperation.
No wonder Joseph racked his brains and tried time and again to promote in-depth cooperation with Northern Machinery Company.
Once the plan succeeds.
It can indeed bring the greatest benefits to one's side.
"Mr. Joseph, please go back first. Let me think about this matter again."
Even though he was tempted, President Steve would not make a decision easily.
Making a decision means that all work in various directions at this stage must give way to this matter and serve it.
"Mr. President, I'm leaving now."
After taking a look at President Steve who remained noncommittal, Joseph walked out of the president's office.
After returning home, Joseph thought about it and decided to inform Lin Kaifeng.
The matter was exposed in advance, and it is not known whether it will affect the cooperation between the two.
According to Lin Kaifeng's original plan, only after the two companies were deeply bound together would the idea of a joint venture be gradually unveiled.
The president knew about it in advance, so Joseph couldn't guess whether there would be any accidents.
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