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About US


We're 5C41 from Dunman High School.
We're Drakonians, and we'll own you!
We love to MUG together, every day,
We love to playFLOORBALL, VBALL and BBALL. Oh and don't forget CATCHING - in the hall (:

:D

CT:Mdm Tan Wanling
[01]Weijia
[02]Anthea
[03]Dawn
[04]Eve
[05]Yi Hui
[06]Ning Li
[07]Jean
[08]Xiaoxuan
[09]Kristy
[10]Joanna
[11]Jingqi
[12]Elizabeth
[13]Amy
[14]Chu Lei
[15]Gina
[16]Yi'an
[17]Celine
[18]Tricia
[19]Qin Lu
[20]好人
[21]Zhanjie
[22]BenS
[23]J.x
[24]Teck Huat
[25]Benz

Links out

ChuLei
Jean
Jingqi
Joanna
Qin Lu
Tricia
Xiaoxuan
Weijia

Chat


Thanks :D

Layout : / B E L L OME /
Icon: Flickr.com
Monday, August 17, 2009
Econs Answers LOL @ 8:55 PM

Hello here's the answers for Market Structure Extract 2 of the case study. LOL.

1. Purpose
Chinese govt is promoting/pushing for merger of local firms to increase mkt share so as to compete against MNCs and warn potential entrants of fierce competition present in China's retail industry.

2. Data
- China lifted most restrictions on foreign retailers.
- Foreign fuirms plan to open more outlets eg. Carrefour
- Consolidation -- Shanghai Ballion won permission to take over 4 rivals.

3. Inferences
- Lower BTE (eg. limits on number of stalls) -> Increase in no. of foreign firms
-> Increase competition btw foreign & domestic firms
-> Consolidation of domestic firms -> Increase EOS -> Increase efficiency
-> Lower cost, lower price from cost savings

4. Economic concepts
- EOS (acquiring firms to reap potential EOS)
- BTE (encourage greater competition)

5. Assumptions
- EOS reaped by domestic players after consolidation is sufficient to enable these local big players to be indeed strong enough to compete with MNCs "at home and expand overseas" (govt's goal)
- Avoid disEOS
- Sustained interest of Chinese public in imported goods (providing mkt dd for foreign pdts)

6. Implications/Consequences
Advantages
- Firms enjoy EOS from increase in firm size -> Lower COP -> Increase in profits
- Means + Incentive for R&D, therefore consumers benefit from better quality goods
- Increase GDP
- Increase Employment rate
- Increase global mkt share -> Penetrate overseas mkts (after merger)

Disadvantages
- Lesser variety of pdts -> Lesser consumer choice
- Smaller firms uninvolved in mergers will not enjoy the benefits

7. Point of view
- Objective, informative
- Fierce competition in China's retail industry



So sorry for flooding this blog with schoolwork. LOL. Please spread the word so more people can benefit from this (reap EOS HAHAHA) Jiayou all! :)

♥ jingqi

Sunday, August 16, 2009
@ 6:44 PM

CONGRATS TO AMY AND BEN SIM!! YAY!! WE LOVE YOU TWO!! You guys were SOOOOOOOOOOOOOOOOOO cute and sweet on stage. WE LOVE AMY SIM!!!<333333

Tuesday, August 11, 2009
hanging out together =] @ 7:00 PM

today after econs test and lunch, our class tagged along amy and ben sim to hear them practice for centre stage. my good idea to take some photos =]
12345678910111213 14 of us cramming onto the place-where-scs-lead-us-to-say-pledge-during-flag-raising

i cant help marvelling at my ability to capture everyone in photos haha


benzhang whose hand are you holding o.O lol
and i like everyone being retarded =]


AMY AND BEN SIM, JIAYOU FOR CENTRESTAGE!!!!
im going to watch so you guys better win or else. hahaha




i love 41 =]
love, nl

Saturday, August 8, 2009
; WE'RE SOOOO GOING TO SWENSONS! @ 7:23 AM

hello everyone! GREAT JOB TO ALL WHO PARTICIPATED IN SPORTS CARN YTD!drakon cant do it without each and everyone of you!

so now drakon is leading the chart! HOUSECUP is within reach!! next up is teacher's day dress up.we must put in loads of effort yea? (:

anw.HAVE A GREAT WKEND AHEAD!

JIAYOU for maths and esp ECONS (:

HAPPY NATIONAL DAY!!

Saturday, May 30, 2009
Danzage'09 @ 11:07 PM

Hey congrats Wei Jia, Anthea and Ning Li!! Well done for dance concert!
yay yay yay :D :D :D

Haha happy holidays 5c41! Blue for Drakon!!
Colourful >.<

Wednesday, April 22, 2009
@ 7:51 PM

HEYYYY!!! WHO'S INTERESTED TO JOIN 30HOUR FAMINE! ITS FROM 5th JUNE- 6TH JUNE! I'M GOING! CHECK DHS MAIL FOR MORE DETAIL YEA?

LOVELOVE(:

xx

Monday, April 20, 2009
@ 8:02 PM

CLASS GATHERING SUGGESTION!

HEYY CLASS! as most of you all know, specch day is next thurs 30th apr.so i was thinking shall we have class gathering at erm SENTOSA? meet in morning, then we can play VBALL, SOCCER, WATER, build sandcastle, dig trench, discuss pw or econs,bring tutorial mug..blablabla, then maybe in the afternoon we can go the SAKAE at the beach here for buffet lunch! ohhhh maybe we can have picnic in the morning! like everyone bring sth! :DD

who's in?? excititng leh! HAHA. we all nid a break before all the tests and mugging dont we?? COME ON~~ * tug sleeves*

spread the love and msg! (:

lovelove,
xx:D