Friday, September 13, 2019
Discuss the positive and negative impact of globalisation with Essay
Discuss the positive and negative impact of globalisation with reference to two contrasting countries. (India and the United Sta - Essay Example This essay identifies the positive and negative impacts of globalisation as they pertain to India and the United States. India India is considered a developing economy that has recently experienced explosive gains in relation to skilled labour provision and development along with a boastful technological prowess (samachartoday.com, 2011). Much of this positive growth in technological know-how seems to stems from market opportunities that provide the country with increased foreign direct investment as it has been identified as a need to sustain growth in India (business.rediff.com, 2010). According to Yusuf, Altaf & Nabeshima (2004), foreign firms have been looking for new market potential in this developing nation and have been willing to invest considerable capital into assisting the country in further technological developments. These interested firms in areas of sales and marketing and finance have assisted in raising capital for domestic Indian firms and provided considerable lab our-related expertise in multiple industries (Yusuf, et al). Globalisation is the catalyst for these improvements as foreign firms look for developing marketplaces to distribute their products. Higher demand in global automotive consumption has also improved the infrastructure of Indian business, thus giving the country more opportunities to improve their own transportation network. Since many of these demanding consumers hail from geographically-close regions, such as China, India now has opportunities to expand their port system to improve the delivery efficiency and supply chain capabilities for automotive companies and related industries. India, in order to meet this demand and earn higher profit through the transportation system, has created a dedicated port terminal that increases the speed by which automotive products are off-loaded, thus making India an ideal location for supply chain-related distribution (portstrategy.com, 2008). Globalisation in relation to global consumer sales has given India considerable advantages and better relationships with automotive manufacturers worldwide. Meanwhile, India has improved its educational infrastructure as well, thus providing its labour pool with more talent as it is related to technology and software development (Commander, Chanda, Kangasniemi & Winters, 2008). Much of these improvements were built on the foundation of American and European outsourcing efforts in relation to call centre development that evolved over time (Warne, 2011). As the government witnessed better increases in job opportunities, thus creating more disposable consumer income, more funds from political forces have been invested into improving educational capacity within the country. However, despite all of these improvements, India has some drawbacks in relation to the impact of globalisation. The foreign funds flooding the country from interested direct investors has made the government somewhat lax in identifying new opportunities and r emained dedicated to capital gains. What this has created is a drop in stock value for companies not related to finance and capital growth, thus weakening the financial position of certain industries (Merchant, 2006). India is not
Thursday, September 12, 2019
[compare and contrast] OUTLINE Essay Example | Topics and Well Written Essays - 250 words
[compare and contrast] OUTLINE - Essay Example A. From September 29, 2000 to the present, a total of 124 Israeli children were killed in the conflict while 1,463 Palestinian kids died during the same period. This translated to the unfavorable ratio of about 12 Palestinian kids killed for every dead Israeli child (11.8:1). This figure illustrates how unbalanced the conflict is between these two peoples. B. For the same period, some 1,084 Israeli adults died but on the other hand, at least approximately 6,430 adult Palestinians were killed in this conflict. This figure translates to an unfavorable ratio of six Palestinians killed for every Israeli adult who died (5.93:1). It means a war that is unequal in terms of casualties (figures can be higher as not all are accounted for). D. The state of Israel received almost US$3 billion in military aid from the U.S. in the 2011 fiscal year (about US$8.2 million per day!) while Palestine got nothing whatsoever, as in zero, nada, nil or zilch. It is money better spent in America for education and jobs generation. E. There are no Israeli citizens held as prisoners in any Palestinian jails while there are 5,300 Palestinians detained by Israeli authorities for various offenses such as those in prison as political detainees. There might be some Israeli POWS (prisoners of war) held as captured during combat but this is negligible compared to the sheer number of Palestinian civilians that are in Israeli jails without proper charges filed against them and are being held indefinitely. F. No Israeli home has ever been demolished or destroyed by Palestinian authorities while some 24,813 Palestinian houses were ordered demolished by Israeli housing authorities. Israel continues its housing expansion activities in so-called new settlements despite protests. G. The official Israeli unemployment rate is at a manageable 6.4% while Palestinians suffer a 16.5% unemployment rate in the West Bank and worse in Gaza
Wednesday, September 11, 2019
How social commerce help business Essay Example | Topics and Well Written Essays - 2000 words
How social commerce help business - Essay Example Social commerce is a process of utilizing social media with the intention of facilitating businesses to perform marketing, buying, selling as well as sharing of products and/or services in both online and offline market segments (Zhou, Zhang & Zimmermann, 2013). In the recent business scenario, social commerce is identified to play an important role for businesses to perform their activities in the worldwide market segments in an efficient manner. Social media including Facebook, blogs and YouTube among others are used for promotion purposes and also for executing business transactions by firms with the targeted client base with the motive of improving its overall effectiveness and competitiveness (Zhou, Zhang & Zimmermann, 2013). Emphasizing on the notion that social media technologies are recognized to be playing a significant role towards the development of businesses, the paper will intend to emphasize on the factors which are deemed to be responsible for the success of social co mmerce in the contemporary business era. Success of Social Commerce In the present business environment, the development of technologies and the rising notion of globalization have been observed to intensify market competition. Moreover, consumers in the worldwide market segments are observed to be driven with modern technologies. In this respect, organizations, in order to execute their business activities proficiently and competently in international market segments should adopt the tactic of social commerce. It has often been affirmed that social commerce will assist business organizations to appropriately target worldwide consumers and maintain long run association with them with the virtues of the minimized gap between customer demand shifts and organizational service deliverance. It is in this context that organizations and customers with online technologies are facilitated with the opportunity of exchanging information in relation to products and/or services in a time and cos t efficient way. Moreover, the customers will also be able to acquire important information from trusted individuals about buying and selling decisions. In this context, organizations using social technologies will be able to provide consumers with enhanced shopping experiences in comparison to the organizations focusing solely on traditional approaches. Hence, social commerce also aids in developing a better relationship with consumers (Zhou, Zhang & Zimmermann, 2013). From a theoretical perspective, it can be affirmed that social commerce is a tactful blending of social networking technologies along with e-commerce. There are certain drivers which are seemed to be responsible for the development of social commerce. In this regard, the technological factors are considered to be a major factor responsible for the growth of social commerce. Moreover, the rapid progress of technology and communication sectors can also be identified to have increased the essentiality for organizations to adopt latest technologies in order to execute its business activities successfully. The government of a country is also perceived to formulate as well as implement policies and regulations with the intention of supporting technological development and Information Technology (IT) (SAGE Publications, 2005). It has often been argued in this regard that social comm
Tuesday, September 10, 2019
Financial Management in Health Care Essay Example | Topics and Well Written Essays - 1000 words
Financial Management in Health Care - Essay Example These aspects of management aim at ensuring organizations operate within profitable margins in ensuring continuity of the organization. The management ensures that organizations find sustainable sources of funding for various activities. Financial management in healthcare takes various perspectives depending on the source of funding for organizations (Gapenski, 2009). Balance sheets, for example, remain some of the best known indicators of financial performance within an organization. Balance sheets form a fundamental element of assessment of the financial position of an organization during specified period. The information contained in balance sheets remains similar within different entities but the functions performed by the balance sheets differ. Profit organization In profit making healthcare organizations, the financial structures of organizations aim at utilizing financial resources to achieve monetary gains. These entities operate like other businesses whose fundamental object ive remains making profits from financial resources. The financial management of these entities aims at maintaining profitability for the organization. All financial decisions implemented in these financial entities seek to ensure that the organizations remain profitable and competitive within the industry (Nowicki, 2008). The funding for these organizations comes from returns on investments made by the proprietors of the organization. These organizations offer services according to the available finances available for specified services. The functions performed by financial statements differ between healthcare entities depending on the financiers of the establishments. The financial statements for these establishments ought to be presented to the proprietors of the organizations. All expenditures for these organizations should be accounted for in the organizationââ¬â¢s balance sheet. Presentation of the balance sheet remains critical in the financial structure of these organizat ions. Within other healthcare entities, like those owned by the government, the information contained in the balance sheets becomes supplemented with relevant data pointing at the organizationââ¬â¢s objectives. Achieving the organizational objectives remains the fundamental aim of the organizations. These organizations aim at maximizing their profitability from financial and monetary resources available within the organization. Financial management within these organizations aims at utilizing the available financial resources to achieve maximum returns on investments. The funding for the organizations comes from ownersââ¬â¢ equity among other financing options. The entities operate with financial resources that should be refunded to the financiers. The fund could be borrowed from finance institutions and payments should be done from the ensuing profits (Finkler & Ward, 2006). Profitable operation of these institutions remains essential in ensuring completion of the repayments. Other healthcare entities, like the non-profits organizations, never have to repay the operating capital. These organizations operate to offer services to specified individuals according to the demands of the financiers. As opposed to other healthcare entities, profit making entities do not have restrictions, from the financiers, regarding the customers whom to render medical services. The decisions of the management regarding utilization of financial resourc
Monday, September 9, 2019
Strategic Marketing of Harley Davidson Case Study
Strategic Marketing of Harley Davidson - Case Study Example Here it looks at hoe the company was started back in the year 1903. Then it looks at the development of the company throughout the entire twentieth Century. It then looks at all the strategies that have been applied by the company following a fall that the company was on the verge of facing. (Smith, 2003) This was started by the kind of products offered by the Company. This was through the introduction of a number of products that were designed to appeal to the new market. Some of these include; multi coloured motor vehicles, improvement of accessories in heavy weight motorbikes, sale of accessories individually, biker clothes like jeans and t-shirts with the company logo. Most recently, the Company has introduced a bike that has a better engine than all the other models. The Company also focused on improvement of its distribution mechanism through the employment of different dealers. It held up talks that could help dealers to improve their service provisions. It also sold some of its accessories using Alternate retail outlets. Pricing was a big part of their strategy too. The Company did not focus on price reductions but instead advocated for the purchase of motorcycles whose prices matched their quality. This was also backed up by discount offers for customers who bought small motorcycles and then traded them in for new ones. (Smith, 2003) Lastly, the company did a lot of promotions ranging from advertisements in newspapers where their catch phrase was related to the American free spirit. They also used their website to advertise and sell their items and placed inserts in magazines that depicted female bikers. All the above changes were crucial in making the Company a success in the US motor vehicle industry. This was seen when the Company was called the most Nostalgic Company in biking in 2007. Strength of Harley Davidson current position Introduction Stands for -Harley Davidson represents the Sir name of the two founders of the Company back in 1903. These were Arthur Davidson and William Harvey. They started work on motorvehicles at a tender age in the privacy of their own homes. They continue with this work until a small factory was formed. This factory grew and by the time it was 1907, they had already acquired become incorporated. (Smith, 2003) Market-The Harley Davidson Company has its market in the US. This can be deduced form demographics studies and the fact that their brand focuses on the 'American spirit'. However, most of the clients are male. In the year 2006 statistics showed that 88% of H-D buyers were male while the remaining percentage was female. It also showed that in the year 2006, most of the buyers were between the ages of forty three and forty seven. The average income earned by these customers was 82,000 dollars as of last year. Their market consists of buyers who use motorcycles for their pastime activities. This was the reason why it was necessary to use advertisements that were mainly recreational. Positioning map and perception- the Company has earned its place in the US motorvehicle industry due to the fact that it creates a feeling of nostalgia in its buyers. This is mostly due to the fact that the image of its models resembles some classy motorvehicles used back in the 1960s. It has also gained a reputation for having top of the range engines in its bikes. The Company has also established itself in the American
Sunday, September 8, 2019
The Improvement of Customer Service in Argos Essay
The Improvement of Customer Service in Argos - Essay Example Argos was founded in 1973 by Richard Tompkins. It has been part of the Home Retail Group since 2000 which is the market leader in the home and general merchandise market (Management Today 2010). Together with Homebase, Argos is one of UKââ¬â¢s leading brands, selling products throughout UK as well as the Republic of Ireland (Management Today 2010).à Argos was founded in 1973 by Richard Tompkins. It has been part of the Home Retail Group since 2000 which is the market leader in the home and general merchandise market (Management Today 2010). Together with Homebase, Argos is one of UKââ¬â¢s leading brands, selling products throughout UK as well as the Republic of Ireland (Management Today 2010).à Argos is a unique multi-channel retailer well-known for offering customers choice, value, and convenience. Argos sells general merchandise and home products in over 750 stores all over UK and Ireland through their twice-yearly catalogue, over the internet, and through the telephone. à Argos is currently struggling to retain its viability and profitability. Operational strategies are being contemplated, including the use of internet technologies on its operations. The struggling Argos intends to do a digital makeover of its business operations. This move will replace traditional catalogue and may close or relocate at least 75 stores. Home Retail Group, the parent company, intends to reduce the circulation of traditional Argos catalogue, although it still believes that print marketing will still be relevant to its retail businessÃ
Saturday, September 7, 2019
The Financial Side of Media Industries Transform Research Paper
The Financial Side of Media Industries Transform - Research Paper Example One can consider the audience as a commodity, similar to a ââ¬Ëwidgetââ¬â¢, which is manufactured, traded, circulated and used. The perception of trading ââ¬Ëeyeballsââ¬â¢ to the promotional team is not a new idea for any person within the business; even though, in its historical perspective, it is remarkable to notice how this case is prepared. However, the thought of unfolding the viewersââ¬â¢ effort is intriguing (Young, 1997, p. 32). During the earlier period, conservative reviewers of interactions concentrate on optimist theories, which concentrate on its consequence or function, however, seldom to content. Earlier political economists - neoclassic, Keynesian and Galbraith - mainly disregard the audience market. Even Marx was unable to deal with it although is accepted for significant explanations. He says marketing was not essential to mass communication before the end of World War 1. Nonetheless, the inclination started during the last part of the 19th century w ithin main metropolitan areas in North America. This issue is a ââ¬Ëblind spotââ¬â¢ for prominent educationalists as well as philosophers, for instance, Gramsci, the Frankfurt School and some others. In view of the fact that audience control is created, traded, bought and used, it has a cost and it can be taken as a commodity. This is where the argument turns motivating as he states it entails effort ââ¬Å"on the part of the audienceâ⬠(Ang, 1991, p. 83). The effort is classified, not merely as some activity for which a particular salary is given, but it is an innovative, humanly unique act, where creating something implies some practical purpose is provided and the personââ¬â¢s nature is changed.
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