T. R. Reid's 2004 non-fiction text informs it's readers about the different scenarios in which Europe had taken the upper hand and over ruled the decisions in an American business. The corporation of I am speaking of is the General Electric. In the course of accomplishing a financial business goal Jack Welch ,CEO and Jack Welch Junior future CEO,are stumped when they are stopped in their tracks froom merging with another major company. With disregard for the European Union (EU) they excell into a titanious ruling in corporations until the International Competition Network ( ICN) stopped Jack Welch junior from merging with Honeywell. This was Welch's father's goal as CEO and he too was stopped. The book displayed exactly how powerful the EU had become and that their power would last for generations and be capable of bringing down multimilliondollar corporations whether they were American or not.
Tone
Informal
Vocabulary
Phalax
Rhetorical Terms
Analogy: " Welch took home hundreds of millions of dollars in salary, options, bonuses, and benefits. Indeed, he created a lifestyle of Babylonian splendor for himself at the company's expense."
Question
They say that China is going to be the new superpower meaning Europe has been pushed behind it so how much power exactly has the EU lost across the Atlantic?
Sunday, March 2, 2008
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