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Adam Yeung
Works at Becton Dickinson
Attended Newark Academy
Lives in Grenoble, France
105 followers|31,178 views
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Adam Yeung

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Adam Yeung

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ExxonMobil’s strategy in emerging markets:

"I also think that the way they win these deals in a place like Chad or Papua New Guinea or Angola is, in effect, they go to the host country and say: “Look, we recognize that you can deal with the Chinese, and you’ll get soft loans and guns and things that you think are more valuable than what we can offer you, but what you’ll also get is really lousy project management. You’ll get less oil pumped, you’ll get less royalties, you’ll get less taxes, so you’ll end up net poorer. Why not come work with us under our rule of law, under a really straightforward contract? And what our record shows is that you’ll end up with more cash faster — and then you can use that cash to buy whatever guns you want? But you’ll have the money to carry out what ever plans you have; and we’re reliable, we’ll come in on time.”
It’s sort of like if you’re buying a new appliance, and you’re going to the store and somebody offers you rebates and a free toaster and three other things to incentivize you to buy one brand. Well, you look at that brand and you think oh, that thing’s going to break down in a few years. Whereas the other one, it’s more expensive, but it’s top of the line. And that’s kind of ExxonMobil’s argument."
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"And if resistant malaria spreads to Africa, where the disease is still a catastrophe, perhaps millions more could die"
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"Costco, Trader Joe’s, the convenience-store chain QuikTrip. These companies have much higher labor costs than their competitors. They pay their employees more; they have more full-time workers and more salespeople on the floor; and they invest more in training them.
Not surprisingly, these stores are better places to work. What’s more surprising is that they are more profitable than most of their competitors...
...every dollar in additional payroll led to somewhere between four and twenty-eight dollars in new sales."
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Adam Yeung

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Doing your part to save the environment by riding your bike, taking public transportation, driving a Prius...
How about going vegan?
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Foreign Aid Recipients:

"Ten of the largest 15 trading partners we have were foreign aid recipients. South Korea was a major recipient of U.S. aid for decades, and today we have more jobs created in the U.S. because of our trade relationship with South Korea than we do with France."
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Why are some of the richest countries in Europe the ones that care the least about being rich?
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Why the question "How's the weather?" isn't just small-talk.

"...the absence of rain in a congressional district on April 15, 2009, made its representative 8.7 percentage points more likely to vote against the Affordable Care Act. Had the weather at those early rallies been sunnier, it’s possible that Obama’s signature legislation wouldn’t have passed."
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"...their research raises interesting questions: “Does wearing the robe of a priest or judge make people more ethical? Does putting on the uniform of a firefighter make people act more courageously? And perhaps even more interestingly, do the effects of physically wearing a particular form of clothing wear off over time, as people become habituated to it?”"
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People
Have him in circles
105 people
Jake Gorelov's profile photo
Theodore Nilson's profile photo
Andy Huang's profile photo
Jason Chong's profile photo
Ephraim Pei's profile photo
Jason Ly's profile photo
Annie Feldman's profile photo
Education
  • Newark Academy
    High School, 2001 - 2005
  • Lehigh University
    Computer Science, Business, 2005 - 2009
Basic Information
Gender
Male
Work
Occupation
Marketing Intelligence Analyst
Employment
  • Becton Dickinson
    Marketing Intelligence Analyst, 2009 - present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Grenoble, France
Previously
New Jersey, USA