Reflection Essay Example | Topics and Well Written Essays - 500 words - 37

Reflection - Essay Example ings for him in two essential manners; right off the bat, he built up a fracture between himself, his associates, and his supporters, and also, his off-base choices drove everyone into a difficulty for which he was considered responsible. It would not be so terrible if the issue finished here; my pioneer would support and attempt to safeguard himself on his off-base choices instead of tolerating his missteps and pushing ahead taking everyone with him. I accept administration is generally influenced by the kind of character attributes and conduct one displays. So as to be a fruitful and solid pioneer, it is basic that one forms great compatibility with the partners and adherents and fills in as a good example for them. Ans. In request to improve things and become a solid chief, my pioneer needs to begin working at growing great relations and affinity with the associates and supporters. He can accomplish this by having gatherings with them, making them mindful of his game plans, aims, and proposed results, and how they would profit the network and the establishment in general. My pioneer needs to become more friendly and associate with his partners and adherents, bring them into certainty, and in a perfect world, look for their recommendation and assessment later on choices. This requires an all encompassing change in the character and conduct of my pioneer which is, actually, difficult to accomplish. Be that as it may, certain means may make this simpler for him in the event that he takes them. For instance, he can peruse administration books. These books are composed by exceptionally experienced and educated writers who present practicable and master feelings on approaches to change one’s c haracter and conduct to improve things. So as to build up my authority aptitudes to do equity to the job of a school chief, I first need to conceptualize myself upon what precisely is an executive of school and what are his duties. Numerous books, articles, and web journals can be perused to create careful comprehension in this issue. Furthermore, I have to survey my

History The representations of Death in Medieval European Art Essay

History The portrayals of Death in Medieval European Art - Essay Example (Cartwright, 1972) It is famously known as the Plague, Black Death or Black Plague in spite of the fact that the clinical term for it is Bubonic Plague. From the beginning of time, plague has perplexed numerous civic establishments, causing amazing changes in the social development, monetary demeanor and strict convictions, bringing about the difference in their portrayal in craftsmanship and engineering. There have been recording of monstrous wellbeing pestilences striking Asia, Africa, and Europe where it is accepted that at one point there were insufficient alive to cover the survivors of the Black Death. (www.cdc.gov, 3/12/2007) In such civic establishments, the advancement of clinical examinations was not close to enough to consider the flare-ups and investigate them in a logical estate; in response, the individuals normally accepted they were divine discipline brought down from god or the divine beings out of the blue the main strict figure of the area and time would give. This caused much further frenzy and tumult. By and large, guiltless gatherings of individuals would be accused for the fiasco and gigantic witch chase like c onduct would occur where the gathering would be pursued down and tormented or even executed in the conviction that it would end the trial. Infections have been monotonous in history and once in a while with no particular example. The Bubonic Plague of 1347 showed up more than once thereafter all through Europe and the Middle East, however not on as quite a bit of a huge scope, the remainder of which finished in 1844. (Watts, 1997) Even in present day society the dread of individuals lives; at the trace of an episode, for example, the winged creature vent of 2004, worldwide economies have been influenced and numerous businesses have endured. The Black Death holds the best number of casualties in such a brief timeframe range than some other plague in history and this brought about monetary, social and political influences that have gone on for quite a long time and assumed a significant job in the craftsmanship and painting to follow. fourteenth Century: The Century of Changing European progress and Fine Arts Medieval Europe was under an outrageous weight when the new century rolled over. The socioeconomics of medieval Europe developed to a remarkable scale. The populace had developed to the edge of starvation. Just under the best conditions would the fields' yield enough to take care of the populace. The Black Death struck in 1347 and devastated the European populace. The Black Death was a need to forestall overpopulation and monetary decay. The economy of the fourteenth century was in a condition of decay. The populace blast alongside the lack of food was driving Europe down a street to starvation. The atmosphere in Western Europe likewise was starting to change at the turn of the fourteenth century. This caused a wet atmosphere and extraordinarily antagonistically

Dorm Areas Illinois Street

Dorm Areas Illinois Street Ah, ISR, home to the engineers and close neighbor of both the Main and Engineering quads. Have you heard that ISR is where hard-studying, non-socializing, awkward types are? Well, you might be half right, but then again, what dorm full of new freshmen who dont know each other isnt a bit awkward? Dont let dorm stereotypes scare you off! Overview:  Certainly, because of how close it is to the Engineering Quad, it just makes practical sense to live at ISR if youre an engineer. Why not shorten your commute to 5 minutes? While engineering students = a lot of studying, generally, the hard classes dont kick in until junior or senior year, so really youre just surrounded by your average college freshman looking for a fresh start with new friends and new heights to conquer. Quick, how many times have I said a word with engineer in it? Well, no worries if youre not one: engineering students are actually pretty spread out across campus, especially freshmen, because like everyone else, they are taking general education classes on the Main Quad. So dont fret! There is diversity in who studies what. Cautions: ISR can be one of the quieter residence halls because it has the most engineers, more upperclassmen than some other dorms, and, although it has plenty of open lounges, people dont tend to leave their room doors open. It  doesnt  provide  as many opportunities to meet new people like PAR or Allen might. The building overall feels a bit older in some parts, and although its close to two quads, its a bit distant from other social hubs like the ARC or outdoor fields and courts. So if youre physically active or are looking to join an intramural sport, youll probably want to look elsewhere. Perks:  ISR is a great location if want to be able to walk everywhere. Classes couldnt be closer, and its also very close to the Krannert Center for the Performing Arts, so if you love watching concert performances, plays, and other such features, you might want to live nearby. Even if youre not an engineer, the engineering library, Grainger, is a beautiful place to study that can give you the focus you need to get work done. If youre dedicated to putting school first, youll have no problem finding groups of people looking to study together. ISR is also home to the specialty dining option Taste of Asia. Featuring Asian-style dishes like orange chicken and crispy tofu, they even have a make-your-own Pat Bing Soo, a Korean treat loved by many. It might be a pain on Move-In Day, but like FAR, ISRs upper floors can give a pretty view of campus when you wake up and go to sleep. Check out this video for a quick tour. Again, dont let stereotypes scare you off, but each dorm does have its own vibe, so come visit and see for yourself if you could picture  yourself living here day to day! https://www.youtube.com/watch?v=pAE0GA1mK9w James Class of 2016 I’m an Advertising major also pursuing a minor in Anthropology. I’m heavily involved with the American Advertising Federation on campus. I'm from Naperville, Illinois.

Factors Inhibiting Congruent Relating Free Essay Example, 1000 words

Otherwise, the counselor is unable to help the client to achieve the integration in his personality. Hence, if the counselor lacks growth and integration in his own personality, then it inhibits the formation of congruence between the counselor and the client while counseling. The second factor that inhibits the congruent relating with clients is the lack of self -awareness in the counselor. When a counselor is not consciously aware of the weak areas in his personality, then he gets uncomfortable and irritated while attending to those weaknesses in his clients. Hence, being aware of the weaknesses in his own personality is very important for the counselor. Otherwise, it inhibits congruent relating to the client by creating discomfort and friction in interactions while counseling. Fears And Prejudices Prejudice is one of the main causes of conflict and hatred between people belonging to different racial, ethnic or religious backgrounds. Prejudice leads people to judge others on the basis of the group they belong to rather than judging them as individuals. Hence, when a person judges another person through the lens of prejudice, he subconsciously applies the characters of the culture or the race he belongs to, to his personality. We will write a custom essay sample on Factors Inhibiting Congruent Relating or any topic specifically for you Only $17.96 $11.86/page This hatred for each other results in conflict and violence. Hence, prejudice affects the peace of the society very badly. People who are victims of prejudice also develop a lot of stress and fear in life. Fear is destructive for any relationship. People who have fears develop distorted perceptions about life as their fears make them perceive things differently.

Mass Production Affects Conflicts With Society, Business...

Mass production affects conflicts with society, business and international affairs because it can ultimately cause positive or negative impacts on these areas depending on the end result of the sales of the items in question. I believe that this can lead to the outcome going either way causing a ripple effect and ultimately bringing a positive or negative impact on these areas depending on several factors such as marketing, sales, etc. During the Industrial Revolution, the role of government was to keep the peace (or fight wars), maintain civil order and enforce law. By the progressive era, government in addition accepted some responsibility for regulating the economy and caring for the needy. The concept of economic policy had been born. Anti-trust laws and civil rights laws now existed. In Europe, the labor movement began during the industrial revolution, when agricultural jobs declined and employment moved to more industrial areas. The idea met with great resistance. In the 20th century and early 19th century, many groups were punished and transported for forming unions, which was against the laws of the time. The labor movement was active in the early to mid-19th century and various labor parties and trade unions were formed throughout the industrialized world. The International Workingmen s Association, the first attempt at international coordination, was founded in London in 1864. The key points were the right of the workers to organize themselves, the right to an 8Show MoreRelatedRevolutions Of The French Revolution1139 Words   |  5 Pagesplays an important role in highlighting this structural overtone of the French Revolution. The duality between the Haitian revolution’s class of slaves and the Third Estate of the French Revolution proper as well as the reactions they both had to international and internal strife are best classified under the structural school of thought. This analysis begins with looking at the logical first aspect of structural analysis; the status of the peasantry. The aspect of structural theory that is most glaringlyRead MoreEmergence of Globalization Phenomenon1521 Words   |  6 Pagesto media and cyberspace has eliminated the control of nation-states over information flow across borders and within their own territories. The unprecedented spread of ICTs is not only changing the rules of international relations but also have profound implications for national and international security. Global communication has undermined the states sovereignty in the traditional political, economic, cultural and security domains. On one hand, it facilitates the transfer of ideas, information andRead MoreSocial Power of the News Media12127 Words   |  49 Pages1 Power and the News Media Teun A. van Dijk University of Amsterdam __________________ INTRODUCTION In the study of mass communication, there has been a continuous debate about the more or less powerful effects of the media on the public.1 Instead of reviewing these positions and their empirical claims, this chapter examines in more general terms some properties of the social power of the news media. This power is not restricted to the influence of the media on their audiences, but also involvesRead MoreEthnic Groups Of South Sudan2158 Words   |  9 Pagesongoing conflicts according to a recent report (30 May 2014) from the United Nations an estimated 1 million Sudanese citizens are currently internally displaced and a further 360 thousand, who have fled to neighboring states (Carto Mission, 2014  ¶2-3). 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There is now strong evidence that states with abundant resource wealthRead MoreProblem Analysis : Drug Addiction Essay1772 Words   |  8 PagesThis clearly shows that there is a different view towards the fight against drugs and different countries have different laws that govern the campaign against drug trafficking. The long Australian coastline has promoted drug trafficking on the international market since there are many points at which the drug traffickers can bring in and take out drugs without being noticed. Although there have been measures implemented and laws established to fight the war against drug trafficking, the governmentsRead MoreBy Outlining the Current Global Political Economy, Discuss to What Extent the Current Global Political Economy Undermines National Development in the South.4509 Words   |  19 PagesPOLITICAL AND ECONOMICAL IMPACT 07 CONCLUSION 09 BIBLIOGRAPHY 10 EXPLANATION AND DEFINITION OF TERMS Political Economy Political economy originally was the term for studying production, buying, and selling, and their relations with law, custom, and government, as well as with the distribution of national income and wealth, including through the budget process. Political economy originated in moral philosophy. It developed in theRead MoreThe Malaysian Business Code of Ethics2442 Words   |  10 PagesThe Malaysian Business Code of Ethics (Rukuniaga) Introduction The Malaysian Business Code of Ethics is based on the religions, philosophical and cultural values of Malaysian. It was undertaken by national Consumer’s Protection Consultative Council and Ministry of Domestic Trade and Consumer Affairs to develop self regulation among traders in Malaysia. Objective The Malaysian Business Code of Ethics was formulated with the objective of: - * Preparing   the main principles to be applied by MalaysianRead MoreCase Study6581 Words   |  27 PagesReproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright  © 2009, Ivey Management Services Version: (A) 2009-07-02 In June 2008, John Manzoni, presidentRead MoreRole of Media in Tourism9761 Words   |  40 PagesTelephones:  [Office:  256†414†3771775]  Ã¢â‚¬ Ã‚  [Mobile:  256†078†2588846]   Email:  nupap2000@yahoo.com                  Paper  Presented  at  the  4th  International  Institute  of  Peace  through   Tourism  (IIPT)  African  Conference  on  Peace  through  Tourism  at   Educators’  Forum,  Uganda  (Kampala).                        Organized  by  the  International  Institute  for  Peace  through  Tourism   (IIPT),  United  States  of  America  (USA),  Held  At  Serena  International   Hotel  and  Conference  Centre,  Kampala,  Uganda,  May  19†22,  2007            Abstract   The  objectives  are  :(

Personal Statement. The programme of Translation and Interpretation Free Essays

Some people consider translation as a kind of jobs only but for me, it is a meaningful form of cultural communication. Therefore, I would like to apply to your university for the programme of Translation and Interpretation in order to make my dream comes true. Having majored in Translation and Interpretation as an undergraduate, it brings me new perspectives about translation that it not only translates from one language to another, but also the culture. We will write a custom essay sample on Personal Statement. The programme of Translation and Interpretation or any similar topic only for you Order Now This makes translation a real challenge. Nevertheless, I dare to embrace challenges and I find fulfillment after completing various translation assignments. Also, I have a passion for it. However, my skills in translation and interpretation are far from good. Therefore, I would love to further my knowledge of language and develop skills in translation through this programme, and I could take my enthusiasm and turn it into my further study. On the other hand, when compare with other colleges, your college is not only focus on practical skills but also theories of translation. I think this is better as theories help us to identify translation problems and justify strategies in order to have better translations. Therefore, I would like to apply to your college for this programme instead of others. Since I am studying Higher Diploma in Translation and Interpretation, I have learnt some basic techniques and theories of how to translate. Besides, I practice all these skills and theories by applying them into assignments and projects. As a result, I will be more able to master this subject than others. Learning new languages is one of my interests . I learnt Japanese and Korean when I was in form three. Now, I am taking a course for learning Spanish and I think these are relevant to this programme. Just like liver Wendell Holmes has said â€Å"Language is the blood of the soul into which thoughts run and out of which they grow†. As language provides an insight into all aspects of a countries culture and this is what translation is about, the ability to speak in different languages helps me to study this programme in a more effective way than others. By undertaking this programme, I expect to see myself become a well-trained specialist in this field as my future career, who can make many meaningful contributions to translation and interpretation. Therefore, I have much appreciated being able to achieve my goal by getting into your college for studying this programme. How to cite Personal Statement. The programme of Translation and Interpretation, Essay examples

In Martin Heideggers booklet Essay Example For Students

In Martin Heideggers booklet Essay In Martin Heideggers booklet The Origin of the Work of Art the German philosopher attempts to answer the question of the origin of the work of art which he places on an equal footing with the issue of the essence of art. To Heidegger, these two questions are interwoven. What is very problematic for the reader is the fact that Heidegger begins his investigation with a hermeneutic circle. The phrase hermeneutic circle refers to the circle of interpretation involved when understanding some work of art. According to this reasoning, it is not possible to really understand any part of a work until you understand the whole, but it is not possible either to understand the whole without understanding all of the parts. Heidegger starts by defining what to examine. In other words, we must identify something as a work of art. Only then it will be possible to infer what art is from the investigated work. But, to do that, Heidegger continues in a hermeneutic circle, we must already know which things are works of art and which are not. Further, if we can do this successfully, we must already know what art is. Heideggers reasoning is complicated and can be seen as a logical problem but his intention is to get the reader to think in different orbits, to try not to get around the circle but to break into it in a way that is not completely clear to me. Heidegger asserts that one of a works more obvious features is its thingly character. Any work of art is a thing. First, Heidegger investigates three traditional interpretations of thing. A thing can be analyzed as a substance to which various qualities are attached, as a bundle of sensations and as a formed matter. All three of these definitions are, according to Heidegger, wrong and misleading. Still, he lingers on the notion of formed matter which he connects to the concept of equipment. Heidegger sees equipment as an intermediate between thing and work and he states that the equipmental character of equipment is crucial to further investigation. To show what is equipmental character Heidegger analyses a painting of a pair of peasant shoes by van Gogh and finds out that equipmental character consists in its usefulness. Seeing things this way means that we have to see equipmental objects as they are used, not in some abstract sense. Then, Heidegger names this equipmental character for reliability. The choice of this word is unclear to me and could be explicated in more detail. What Heidegger attempts to say is probably that the painting makes us understand what shoes are in truth. In a way, the connection between the work of art and the unconcealment (aletheia) which is Heideggers word for truth establishes itself. Inferring from this, the nature of art would be the truth of beings setting itself to work. It is important to understand that a work of art functions allegorically, as something more than a thing we see before our eyes. It is also a symbol since in it something is brought together with the thing that is made. On the other hand, a work of art is not a piece of equipment with added aesthetic quality. It is in other words crucial to establish the connection between the work and truth. As Heidegger puts it, a works becoming a work is a form of truth happening. To grasp the origin of the work of art we must also consider the process of creation. Heidegger sees the difference between making and creating as the distinction between equipment and work of art. He goes back to the Greek word techne which denotes both a craft object and a work of art. This part of the text is particularly difficult to understand since Heidegger takes in the notion of knowing. To know is to see what is present as such, in its unhidden nature, in its unconcealment. Things become even more complex since Heidegger puts in three not-easy-to grasp concepts. These concepts are rift, earth and world. .ubcf91568bf4858a5b517d0b72904301b , .ubcf91568bf4858a5b517d0b72904301b .postImageUrl , .ubcf91568bf4858a5b517d0b72904301b .centered-text-area { min-height: 80px; position: relative; } .ubcf91568bf4858a5b517d0b72904301b , .ubcf91568bf4858a5b517d0b72904301b:hover , .ubcf91568bf4858a5b517d0b72904301b:visited , .ubcf91568bf4858a5b517d0b72904301b:active { border:0!important; } .ubcf91568bf4858a5b517d0b72904301b .clearfix:after { content: ""; display: table; clear: both; } .ubcf91568bf4858a5b517d0b72904301b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ubcf91568bf4858a5b517d0b72904301b:active , .ubcf91568bf4858a5b517d0b72904301b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ubcf91568bf4858a5b517d0b72904301b .centered-text-area { width: 100%; position: relative ; } .ubcf91568bf4858a5b517d0b72904301b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ubcf91568bf4858a5b517d0b72904301b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ubcf91568bf4858a5b517d0b72904301b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ubcf91568bf4858a5b517d0b72904301b:hover .ctaButton { background-color: #34495E!important; } .ubcf91568bf4858a5b517d0b72904301b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ubcf91568bf4858a5b517d0b72904301b .ubcf91568bf4858a5b517d0b72904301b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ubcf91568bf4858a5b517d0b72904301b:after { content: ""; display: block; clear: both; } READ: the moon EssayRift would be some kind of relation that comprises both conflict and union between earth and world. The notion of world, as Heidegger sees it, could be described as the complete structure of relations that constitute our experience as human beings. The concept of earth comprises, as I see it, an all-encompassing source of life which have a mythic dimension to it. It is in this relation between world and earth that truth establishes itself. Heidegger puts an end to his article by stating that art is the becoming and happening of truth. In coming into being, truth becomes historical. I am really not sure what Heidegger puts in this historical dimension but he also emphasizes that even art is essentially historical, which again connects the notions of art and truth on a historical level. Questions: 1. How do we know that art is unique in its capacity to reveal the truth? 2. Is it possible to come to the essence of art using some other method than hermeneutic circle? 3. What is the actual relation between beauty and truth? Heidegger says that beauty is one way in which truth essentially occurs as unconcealment but he does not reveal how these two notions hang together.

The Woman With No Name free essay sample

There is a rusted iron ring where horses used to be tied, grown into the ground next to the Green. Maybe, with eyes closed, soldiers drilling could be imagined in front of the Congregational church, the paint on the Green’s white picket fence still fresh. With this image in mind, I can feel my small town’s history breathing as I bicycle through the Village with my sister at my side. We have always lived a short ride away from the Center of Town and in the past year, since my mom moved into her own house, a five minute walk. I even work at the Town Library, a historic building on Main Street. We park our bikes at the General Store; during the summer the store is our ice-tea supplier, but that’s not the only reason to visit. We get our drinks and approach the counter, the cashier turning. We will write a custom essay sample on The Woman With No Name or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page She smiles widely as she sees us and exclaims, â€Å"My girls! How are you?† We grin at the short, white-haired elderly woman and we take a minute to talk. This woman knows our grades in school, our passions for literature. She knows of our love to travel, especially to historic locations. She asks us about our future plans, if I’m still considering psychology, and how my Girl Scout troop is faring in our last, and thirteenth, year together. Even with all these exchanges, however, there is one flaw: I do not know her name. We have never exchanged our names, content with our roles of the cashier and the sisters. It’s a funny thing, though, how time can complete your picture of a person. I began to notice little things about her each time we talked, such as how she doesn’t have a ring. It was revealed that she always wanted to retire with her sister but the sister got married—even so, they ride at her sister’s horse farm and they both live in town. I can measure my growth by our relationship, how casual contact throughout su mmers has revealed small details. It’s a strange thing to realize your own progress, how the adults around you start to measure your maturity by the things they confide. This woman with no name has always been an integral facet of my life, as unchanging as the antique houses. But I have learned to measure time and I have shed my idea of immortality, simply from seeing how her hands tremble a little more than last year, and the new wrinkles that fan from her eyes. Nothing is permanent, not even the woman with no name. The permanent factor, however, is the imprint she has made on my childhood. She was a comforting routine that taught me the lesson of time and impermanence, and how a simple relationship can impact a person. I know that when I come back from college to visit, she may not be there anymore. But before that occurs, I would like to ask for her name. She may be the woman with no name in my memories, but at least I can use her name to thank her for the difference she h as made.

Pierre S. Dupont This essay was assigned for analysis of the life and contributions of influential leaders to business and leadership thought.

Pierre S. Dupont This essay was assigned for analysis of the life and contributions of influential leaders to business and leadership thought. Pierre S. DuPont was born near Wilmington, Delaware in 1870. Twenty years later, he graduated from the Massachusetts Institute of Technology (MIT) with a chemistry degree and began working in the DuPont family business. He became an assistant superintendent at Brandywine Mills, and two years later, Pierre and his cousin Francis G. DuPont developed and patented the first American-made smokeless gunpowder at the Carney's Point plant in New Jersey. During the 1890's, Pierre worked at the Johnson Company, which was a steel firm partly owned by the DuPont family. Here he learned a great deal about cost accounting and financial management from the company's president, Arthur Moxham. He left briefly to join his cousin Coleman DuPont in his street railway business in 1899, but he was soon back in the family business when the patriarch of the family, Eugene DuPont, died in 1902. On the firm's 100th anniversary, it was about to go out of business and had no successor for president.PierreSevera l DuPonts wanted to sell the company off, but Alfred, the youngest son would not hear of it. He joined with two of his cousins, Coleman and Pierre and bought the company in one of the first modern large scale leveraged buyouts for $12 million.The company was poorly run at the time, but the three partners managed to keep the company in business. Pierre oversaw the restructuring of the DuPont Company as chief of financial operations. He created a centralized hierarchical management structure, developed complex accounting and market forecasting techniques, and pushed for diversification and emphasis on RD. During this time he introduced the principle of return on investment, return on assets and return on equity as methods for determining the financial stability of a company, and when World War 1 started, he began a period of...

Supply chain management case study Example | Topics and Well Written Essays - 250 words

Supply chain management - Case Study Example Increasing the safety stock will positively impact on the operations of the company since it may be able to keep enough stock which entails that customers are not turned away empty handed. 2. Mr Flint should maintain the intermodal method of transportation of the MWED10GD which costs $4000 per load of 2000 units. This will help the company to maintain the costs at a lower level than to opt for the direct truck model which would increase the costs. The products supplied remain the same while the price does not change. This can strain the company in terms of revenue generated. Therefore, it would be wise for the company to increase the safety stock so that the customers would get something rather than wait for the next consignment. Through maintaining costs at a minimum level while increasing the level of stock will help the company to generate more quick returns in terms of the revenue it

Consumer Behavior- B Essay Example | Topics and Well Written Essays - 500 words

Consumer Behavior- B - Essay Example 3-Graham is a college student who is impulsive and somewhat rebellious.   He seeks out variety and excitement, usually looking for something new, offbeat, and risky.   Even though he was 18 years old and  eligible to vote, he didnt vote in the last presidential election and is not very interested in world events.   To which VALS segment does Graham belong? ESSAY 1- Discuss how a small bio-technology firm could influence the reference group infrastructure and the lead users to accelerate adoption of its products in the market. A small bio-technology firm can significantly influence the reference group infrastructure and its lead users to accelerate adoption of its products in the market by way of exploring key characteristics of lead users and major reference groups like key consumers, suppliers, and industry experts. Only after gaining acquaintance with their key characteristics or their behavior can a firm hope to sell more products in the market. This is because such knowledge can inform a firm about what are the currently hot demands in the buying market. This can boost adoption of products in the market because the firm will be then able to act in accordance of those demands. Lead users form a major reference group and researching such users’ preferences and dislikes can give a firm a lot of valuable material regarding how they can influence other potential customers in foreseeable future. A seller organization hoping to accelerate adoption of its products in the market should essentially understand the buying motives and decisions of their lead users. They can later use this kind of information to convince other customers to make the same kind of decisions. ESSAY 2- Unheard of twenty years ago, discuss the rationale people use today to shop or NOT shop on the Internet.   Given  your response,  what are the benefits to purchasing an iPod direct from a channel member.  

The Analysis Of Bcg Matrix Marketing Essay

The Analysis Of Bcg Matrix Marketing Essay In business, there are times when an organization needs to expand or change the market or field. There are tons of ideas about things one could do. However, it is hard to determine which idea will be the best. Therefore, strategic marketing planning tools will be important and beneficial, such as BCG matrix, Ansoff Matrix or Porter 5 forces and so forth, to help one to evaluate the options and decide on the one that suits the organization and situation best. As a result, it gives the best return on the considerable investment that an organization will need to make. Strategic marketing management involves the process of deciding the marketing strategy to follow and to ensure it is followed correctly, in order to compete against its rivals successfully. In an attempt to assist strategic marketing process, a number of different strategic marketing planning tools have been created. Igor Ansoff, Michael Porter and the Boston Consulting Group have the best known models in the field of business. Strategies are developed according to the objectives within an organization. The establishment of the objectives will normally produce a difference between what had been achieved and what target needs to be met. The uses of strategies are to illustrate how this gap is going to be solved, and objectives met. Strategic Management is a systematic approach to the major and increasingly important responsibility of general management to position and relate the firm to its environment in a way which will assure its continued success and make it secure from surprises( Ansoff, 1990). This paper, it will focus on the BCG Matrix, which is one of the models like PESTEL, SWOT, Ansoff matrix, Gap analysis, GE matrix and Porter 5 forces. It is often used to assess the profits of business or resource allocation and divestment decisions by the marketers. The content of this report will explain and analyse the application of BCG Matrix with some examples. Some of the other analytical tools will also be mentioned in this work. Analysis of BCG matrix BCG Matrix is developed by Bruce Henderson of the Boston Consulting Group in the year of 1968 (BCG, 2012). It is one of the Portfolio analyses. It is used to determine high or low performers of businesses or products depending upon their market growth rate and relative market share. The idea behind this Matrix is that the higher the market share or a better market grows of the product, it is better for the organization. There are four categories in BCG Matrix, which are Stars, Cash cow, Question mark and Dogs (Philip.K, et al., 2008). Furthermore, horizontal axis is given for relative market share position and vertical axis for industry growth rate (Philip.K, et al., 2008). Planners are to classify their products or businesses into the four categories according to their position on the matrix. It provides a framework for analysis and comparison of products or businesses for multinational companies with diverse products. The advantages of using BCG Matrix are to have the ability to pr ioritise a business or product portfolio; it is to know what products are doing well and what are not performing. It provides a useful insight into the potential opportunities and problems associated with a particular product. It is often a convenient graphical form that is easily understood by the staffs who are the decision makers. Taking Nestle company (table 1.0) as an example, prepared dishes and cooking aids, PetCare and confectionery would be classed as Cash cow, beverage products would be a star, whereas pharmaceutical products as Question mark. Water products would most likely to be classed as a Dog. The BCG matrix is linked to the Product life cycle. Introduction, growth, maturity and decline, it represents Question marks, Stars, Cash cows and dogs in the BCG matrix respectively. Referring back to the table 1.0, it shows that PetCare and Confectionery products are at the late maturity period in the Product life cycle. Therefore, Nestle must come out with new and better ide as, in order to prevent or slow down the product from further decline in sales, or perhaps becoming a Dog. However, it is expected that different product will have different life cycle. Therefore, some stars with short life cycle will be better to harvest rather than to commit further investment (Graeme. D and John. E, 2007). In a multinational company, it is essential for its products to have high and low growth rate, such as stars to assure future of the company, cash cows that supply money for further growth and converting questions marks into stars, it is because a balanced product portfolio will maximise organisation revenue. As mentioned by Bruce Henderson Only a diversified company with a balanced portfolio can use its strengths to truly capitalize on growth opportunities(BCG.P, 2010). The benefits of high growth products include high return at the cost of wide ranging resource to market. For low growth rate products, its benefits are customers familiarity with the product, t hus, lesser cost for marketing and a constant source of revenue. With the help of BCG matrix, it can be identified how organization cash resources can be used to maximize a companys future growth and profitability. It provides the criteria for determining which products or business one should invest in, hold, harvest or divest. However, the BCG matrix is only useful to a certain extent, and its limitation makes it increasingly less accurate. The BCG matrix was created in 1970s; therefore, it is expected to be less accurate in the current society especially during periodic recession (Blythe, 2006). The situation in the current business market is much more complicated than before. Abell and Hammond recommended that it should add two more practical strategies, Freeze and Cut into the Matrix (Abell, et al., 1979). Freeze basically stopping all investment and do not plan new ones during a recession or crisis, and cut means that cutting services by reducing some activities. The model of BCG matrix discouraged organizations to invest in businesses with a less than 10% growth rate in a year. During the hard time, many companies will not have a growth of 10%.Thus, it is not accurate to rely on BCG matrix during an economic downturn; it might create confusion in the companys direction. The connection between market share and profitability is arguable because sometimes low share businesses can be profitable too and vice versa (Babette Craig, 2012). As mention by experts, the markets are difficult to determine with a huge amount of overlaps and complex segmentation (Macmillan. H, 2000). There are many portfolios in real businesses consist of a high percentage of dog businesses and few star businesses (Macmillan. H, 2000). Thus, portfolio analysis is criticized for offering little help in these circumstances. Growth rate and market share are only one aspect of industry attractiveness and overall competitive position respectively. The market definition and measurement are not perfect as there are some problems faced (Wensley. R, 1981). H ence, poor definition of business market might lead to some misclassification, such as dogs, become cash cows. Moreover, the matrix mainly focus on the investment in current products of a company, thus, it might neglect alternative investment such as setting new product lines or investing in new technology which could be better than investing in current products or services. The matrix also ignores the potential competitive responses. When an organization tried to build their market shares and support growth, it is likely to get responses from the competitors as retaliation (Blythe, 2006). Furthermore, it is too simplistic and general just to use high and low to form four categories, which lead to a low accuracy analysis. In addition, the matrix is based on cash revenue, whereby profit should be a better phrase to use as it means the financial gain after all the deduction of expense from the revenue. General electric (GE) matrix developed by Mckinsey is a similar matrix that overcom es some of the disadvantage of BCG matrix. It uses market attractiveness instead of market growth rate which included a broader range of factors compare to growth rate. It also replaced market share into competitive strength which assessed each SBU with competitive positioning (Kozami,2002). However, this paper will not go into the details of GE matrix due to the words constraint. With the obvious limitations of BCG Matrix, it is not recommended to use the matrix alone. It is an portfolio analysis tools which focus on the internal of an organization, thus, it is always best to use with external analysis tools such as SWOT. SWOT will look at matters like the strength and weakness of the company, and the opportunities and threats that might occur. It is used to measure the degree of strategic fit between the organization and its environment. As a combination with BCG matrix, BCG matrix will focus on the internal factors and SWOT will be focusing on the external factors, therefore, the O T of SWOT will be mainly suggest to use alongside with BCG matrix. For example, with the O T, the organization can recognise the opportunities and threats in Nestle such as an increase in health conscious society (PRweb, 2012) provide a huge opportunity for Nestle to produce more health care products and raw ingredient prices for chocolate production are increasing will affect the profit margin as threat (Christopher, 2011). If only BCG matrix is used, the planners will miss the external factors like the society or raw materials pricing which might cause problems to the organization. According to experts, it mentioned that a mixture of two or more analysis tools is recommended for a holistic view of strategic scenario (Wind, et al, 1983). Therefore, it is essential for an organization to capture the internal and external factors to strengthen the company. Conclusion This paper focused on the analysis of BCG matrix, it evaluated the usefulness and weakness of the model. Recommendations also had been advised for further enhancement of the usefulness of the model. Although BCG Matrix has a number of limitations, it is still one of the most popular portfolio planning tools used by big companies with diverse products. It can measure the growth rate and relative market share of each sector in a table form. The table shows a clear understanding on how an organization is performing. With a simple and clear understanding, the company can develop strategies to deal with the sectors, and achieve the organizations aimed goals and objectives. It is also useful for small businesses to survey the companys market share and growth, in relation to relative market to see how products are performing. Lastly, BCG Matrix is not a tool to replace management decision or vision. It is a tool to help managers or planners to evaluate their strategy alternatives together w ith other analysis tools, such as SWOT. It is a tool with flaws, but still suffices to be a good tool for portfolio analysis. References Abell, Derek, and Hammond John S, 1979. Strategic market planning : problems and analytical approaches. 1st ed. New Jersey: Englewood Cliffs. Ansoff, Igor, 1990. Implanting Strategic Management. 2nd ed. New York: Prentice Hall . Babette, E, 2012. Analysis Without Paralysis: 12 Tools to Make Better Strategic Decisions. 2nd ed. New Jersey: Financial Times. BCG. 2012. BCG History. [Online] Available at: http://www.bcg.com/about_bcg/history/history_1968.aspx. [Accessed 04 November 12]. BCG. Perspectives. 2012. The product portfolio. [Online] Available at: https://www.bcgperspectives.com/content/Classics/strategy_the_product_portfolio/. [Accessed 05 November 12]. Blythe, Jim, 2006. Principles Practice of Marketing. 1st ed. London: Thomson learning. Christopher Adams . 2011. Chocolate lovers face price rise as ingredients soar. [Online] Available at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3objectid=10701792. [Accessed 22 November 12]. Graeme, Drummond, and John Ensor, 2007. Strategic Marketing: Planning and Control. 3rd ed. Oxford: A Butterworth-Heinemann Title. Kozami, Azhar, 2002. Business Policy and Strategic Management. 2nd ed. India: Tata McGraw-Hill. Macmillan, Hugh, 2000. Strategic management: process, content, and implementation. 1st ed. Oxford: Oxford University Press. Nestle. 2010. 2010 Annual Report. [Online] Available at: http://www.nestle.com/Common/NestleDocuments/Documents/Library/Documents/Annual_Reports/2010-Annual-Report-EN.pdf. [Accessed 03 November 12]. Nestle. 2011. 2011 Annual Report. [Online] Available at: http://www.nestle.com/Common/NestleDocuments/Documents/Library/Documents/Annual_Reports/2011-Annual-Report-EN.pdf. [Accessed 03 November 12]. Philip Kotler,Gary Armstrong, Veronica Wong and John Saunders, 2008. Principles of marketing. 5th ed. Italy: Pearson Education. PRWeb. 2012. Yahoo news. [Online] Available at: http://news.yahoo.com/increasing-popularity-growing-health-consciousness-fuel-growth-global-130305822.html. [Accessed 22 November 12]. Wensley, Robin, 1994. Making better decisions: The challenge of marketing strategy techniques. International Journal of Research in Marketing, [Online]. 11/1, pp85-90. Available at: http://www.sciencedirect.com.libproxy.ncl.ac.uk/science/article/pii/0167811694900361 [Accessed 04 November 2012]. Wind, Young, Mahajan, Vijay and Donald, Swire., 1983. An Empirical Comparison of Standardized Portfolio Models. Journal of Marketing, [Online]. 47(2), pp89-99. Available at: http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=247ec63a-e348-45c1-a7b8-e1819fa6169a%40sessionmgr11vid=2hid=21 [Accessed 22 November 2012].

College halls Essay

College halls are being flooded with adults who are returning to school in their mid-life years. Online colleges have also made it easier for adults to further their educations in the midst of their busy lives. They choose to further their educations for various reasons. Perhaps, moms and dads need more education in order to move forward in their career or maybe the kids are older and mom wants to branch out and start a career. These nontraditional college students face different and more complex challenges than the younger student body. Some other areas of difficulty might include juggling multiple responsibilities or feeling academically out-ranked or inferior. Many colleges offer special services catering to the needs of adult students in order to help them achieve their educational goals. Another more recent issue is the state of the economy. Starting college during an economic slump presents it’s out set of challenges. The Economy The sudden nosedive of the economy has actually caused a surge of adults returning to college. The unemployment rate is on the rise and adults lacking a college degree are being left in the white collar dust of the more employable college graduates. Adults are finding that they have no alternative, but to roll with the changing tide of our economy and technology. This includes returning to college and earning a degree in order to find gainful employment. Some choose traditional colleges and many more choose online colleges. A few employers are wary of online colleges. They believe the student is paying for a degree rather than paying for an education. Slowly, the doubt is dwindling and in many cases employers will contribute financially to employees who are choosing to further their education. Employers are beginning to realize the dedication and worth of employees who are willing to go that extra mile. (Armour, 2008) Adults who return to college are faced with many concerns that their younger counterparts are oblivious to. Two major issues are finances and family responsibilities. In many cases, adults have financial obligations such as mortgage payments, care payments, and providing for their families. They must continue to earn a living and allotting time for family commitments while attending college. Sometimes these are single parents and sometimes they aren’t, but either way, if they have families then their lives become a juggling act. There are also other concerns. (Benahoff, 1993) Women with families often experience feelings of guilt in regards to their children. They feel like their shirking their parental responsibilities. They also worry about the cost of childcare and the quality of care that their children are receiving. Women are also concerned about maintaining their roles as wives and mothers while attending college. (Benahoff, 1993) Men tend to be fearful of failing and they doubt their ability to reach their goals. Since men who return to college in order to change careers they experience a great deal of anxiety. They have responsibilities to their family and there is no room for failure since men usually view themselves as the providers. Men also experience frustration in dealing with the loss of time and the increased expense of attending college. (Benahoff, 1993) Attending School with Children It’s common for adult college students to feel uncomfortable in an environment geared towards younger students. Many adult students have children nearing college age or already in college which can increase their feelings of awkwardness. As parents they are used to being in charge rather than on equal ground with young people. College kids usually have active social lives on and off campus while adult’s social lives revolve around their families and coworkers. Adults have limited time for socializing as well because of their responsibilities. These factors can intensify feelings of being out of their comfort zone. (Benahoff, 1993) Adult college students often lack confidence in their learning and study skills. They find that methods of teaching and learning have changed a great deal since they’ve been out of school. That can be an intimidating experience for adults. On a more positive note, adults take their studies seriously. Their choice to attend college mid-life was a huge step. They perceive college as an investment and as such, there is a certain amount of risk involved. As a result they are focused and extremely motivated. (Benahoff, 1993) College students of the younger generation are very social and it’s no different when it comes to their study habits. They often study regularly and work on assignments with their peers. Adults, however, often prefer to work and study independently because of their multiple responsibilities, busy schedules and time restraints. They don’t have time to linger on campus. (Benahoff, 1993) College Access and their Contribution to Success Admissions counselors should be readily available to advise adult students on courses and degrees that might be appropriate for them based on their current careers, areas of interest, or goals for the future. Providing this service would give adult students the reassurance they need that they are making the best choice by returning to college. Colleges that provide financial aid advisors trained specifically to work with adult students provide an enormous service for what can seem like an overwhelming process. Financial concerns are generally a key issue with adult students and they need the guidance and advice of someone knowledgeable about their specific areas of financial concern. Student advisors to offer suggestions regarding such topics as time management, study techniques or any other areas of concern would help to give adult students the confidence they need. Just knowing that there is someone they can turn to for advice when the going gets tough can provide much needed encouragement. Several traditional colleges offer online courses and access to resources such as online libraries. There are also a growing number of online colleges. Online availability provides easier access to adult students who are unable to attend classes on campus. In addition, many traditional colleges offer evening classes or classes in various locations off campus. This makes it easier for adults who may not be able to attend classes during the day and for those who need a closer location. Colleges who work with communities and employers to stress the importance and the benefits of higher education for adults can provide that extra push for those who are considering advancement, but haven’t yet made the commitment. When they join forces with communities and employers, colleges can also learn how to better accommodate adult students. (Lumina, 2008) Academic and Personal Keys to Success There are steps adults can take to ensure that their college experience will be successful and that they will reach the goals they have set for themselves. These keys to success encompass both the academic and personal lives of students. Academically, there are some specific things adults can do to aid them in adjusting to a college environment. It would be wise to take on a light course load for the first semester. This will enable a gradual transition for students. It will allow time for them to settle in to a routine and to find effective ways of managing their time, so they are able to keep up with coursework. Students who balance their course load by limiting the number of difficult courses in each semester and by allowing flexibility in class times find adjusting to college much easier. Students shouldn’t hesitate to seek support or advice from their student advisor if problems arise. Enlist the support of one or two classmates who will give you the assignments if you miss a class and offer to do the same for them. Students should be sure to keep up with their reading and assignments. They should develop good study habits early on. If there’s a problem with a specific class or assignment then ask to meet with the professor in order to clarify things. These steps are no guarantee of success, but they are steps in the right direction. (Office of Student Development and Counseling Center, 2005) On a personal level there are also some steps to success. First and foremost, adult students should have confidence in themselves and their abilities. While they may be lacking in academic experience, adults are ahead of the younger students in life experience. It’s essential that adult students get their priorities in order. They should gather support on the home-front, so they can concentrate on their studies while they’re in school. If need be enlist the help of friends or family to run errands or help with child care. Make sure time is set aside for family. Adult students can even involve their family members in their study time. Younger children can work on a quiet activity like coloring or drawing whiles the parent studies. A spouse or teenage child can quiz mom or dad if they’re studying for a test. Most importantly, adult students should take time out for themselves. Taking time to relax and reflect on the days events is essential. Everyone needs time to unwind and rest mentally as well as physically. (Office of Student Development and Counseling Center, 2006) Returning to college can be an enormous and seemingly impossible undertaking for adults who are in the middle of living their lives. It may not be the right choice for everyone, but for those who do choose to further their education there are wonderful benefits. A college degree may lead to career advancement that could result in a higher standard of living or it could provide a college education for their children. Adult students are role models for their own children as well as younger college students. Achieving one’s goals, regardless of age, is something to be proud of. Works Cited Armour, S. (2008). Classrooms filled with returning adults. Retrieved November 20, 2008, from USA Today: http://www. usatoday. com/money/economy/employment/2003-06-12-backtoschool_x. htm Benahoff, J. M. (1993, November 11). Educational Opportunities, Developmental Challenges, Understanding Nontraditional College Students. Retrieved November 20, 2008, from ERIC Education Resource Information Center: http://eric. ed. gov/ERICDocs/data/ericdocs2sql/content_storage_01/0000019b/80/13/2e/33. pdf Lumina. (2008). What We Know About Adult Learners. Retrieved November 20, 2008, from Lumina: http://www. luminafoundation. org/research/what_we_know_about_adult_learners. html#dimension1sub3 Office of Student Development and Counseling Center. (2006, January 13). Making the Adjustment School. Retrieved November 20, 2008, from Office of Student Development and Counseling Center: http://www. lsus. edu/sdcc/adults/making. asp Office of Student Development and Counseling Center. (2005, July 21). So, I’m a student again after all these years. Retrieved November 20, 2008, from Office of Student Development and Counseling Center: http://www. lsus. edu/sdcc/adults/so. asp

Cultural distance Essay

The concepts related to cultural distance and local linkages are of paramount importance to the strategies adopted by multinational companies, Tjosvold and Leung (2003) noted. These authors note that it is through placing utmost significance on the said concepts that companies would be able to ensure the success of both their international operations (those in situated in the host country) and their domestic operations (based on the home country). Luo (1999) further expounds on the topic at hand. According to this author, it is of paramount importance that a certain company, in the hopes of expanding its global reach, to be able to look into factors that would that would affect their stability in a certain region. Luo (1999) then discussed the need for multinational enterprises that have subsidiaries outside of their home country to scan and interpret the environment in order to make appropriate decisions regarding internal arrangements and external alignment. They must be able to look into the similarities between the culture of the home and host countries which has been considered important in terms of ensuring the development of a tightly knit network between the two (Luo, 1999). Aside from this, it was also maintained that it is through the careful analysis of cultural distance that multinational companies would be able to determine their competitive advantages and reduce their disadvantages that may stem out from the following: (1) their dependence on local settings, (2) their vulnerability to government interference, and (3) their bargaining power with the host government (Luo, 2002). Hence, Luo (1999; 2002), without a doubt, attributed the importance of taking cultural distance and local linkages into consideration in order to ensure the success of multinational corporations that are conducting businesses within an international context. Background of the Study Cultural distance and local linkages, without a doubt then, becomes of paramount importance to expanding businesses that seek to tap markets outside of their own domestic sphere. Understanding the cultural distance existing between the multinational enterprises’ home and host countries are of paramount importance in order to ensure the success of the former and its business initiatives. In this paper, cultural distance is measured based on the model developed by Geert Hofstede which noted that the difference between two countries are more or less affected by the following factors: (1) power distance, (2) uncertainty avoidance, (3) individualism vs. collectivism, and (4) masculinity vs. femininity (Hofstede, 1991). The difference between the countries in relation to the four factors affects the manner by which multinational companies enter into businesses outside of their home country. Brouthers and Brouthers (2001), in fact, look into how cultural distance influences the instances by which affect their modes of entry. Apparently, this is due to the fact that the survival of the business venture may depend on the management of the relationships existing between the home and host countries, thereby making it of paramount importance to the business to take the said factor into consideration (Barkema & Vermeulen, 2009; Hennart & Zeng, 2002). Manev and Stevenson (2001), in line with this, also stated looking into cultural distance may eventually affect the relationships amongst the employees and the management situated in the home countries. The importance of Linkages, on the other hand, lies on its ability to provide business ventures with the competitive advantages needed in order to ensure the success of their businesses, Blomstrom and Kokko (2003) discussed. In general, local linkages refer to the relationships established by multinational relationships with the host country that serve as an anchor to their activities, Chen, Chen and Kyu (2004). The essentiality of the said linkages can also be attributed to the sharing of resources and activities in order to ensure the success of the business enterprise. Hence, local linkages once again reiterate the need for business ventures to look closely into cultural distance. Previous researchers stated the fact that a culturally distant company or corporation may significantly affect the linkages it develops with the host country, thereby threatening the formation of competitive advantage necessary to the success of their businesses. It is in line with the abovementioned discussions that this research shall focus on the manner by which cultural distance affects local linkages which could more or less pose significant implications to the formation of competitive advantages, thereby affecting the expansion of businesses. More specifically, however, this study is directed towards Dutch multinational enterprises. Statement of the Problem Cultural distance, as previously mentioned, can be measured by looking into the four factors that are contained within the model of Hofstede; namely: (1) power distance, (2) uncertainty avoidance, (3) individualism vs. collectivism, and (4) individualism vs. collectivism. In general, the difference between the home and host countries of a certain multinational enterprise tend to affect several aspects of their businesses, including their modes of entry, the manner by which human resources are managed, the development of networks, and most importantly, the relationship existing between the two. Aside from this, the discussions made in the foregoing paragraphs also noted of cultural distance as an important factor that affects the development of local linkages between the multinational enterprise and the host country, which is then important in terms of ensuring their competitive advantage and success in their expansion to a location outside of their traditional place of origin. It is for this reason that this research is devoted to the provision of answers with regard to the main research question: how does cultural distance affect the formation of local linkages, taking into consideration the experiences of Dutch multinational enterprises? To support this, the following research questions are also deemed necessary: Research Questions 1. How does cultural distance significantly affect the development of local linkages? 2. How does cultural distance significantly affect the favorability of factors relating to the local business environment, based on the experience of Dutch multinational enterprises? 3. In what way does cultural distance affect decisions with regard to modes of entry and autonomy of the subsidiaries of Dutch multinational enterprises? 4. To what extent does cultural distance affect the formation of competitive advantages of the Dutch business ventures in host countries? 5. What are the common benefits obtained by the Dutch multinational enterprises with regard to their ability to form successful local linkages? 6. What are the common disadvantages experienced by the business enterprises in relation to their inability to establish successful local linkages? Hypotheses It is in line with the abovementioned research questions and problem statement that the researcher develops the following hypotheses that this study shall either accept or reject, based on the results obtained by the latter: Main Null Hypothesis: Cultural distance does not affect the Dutch multinational enterprises’ establishment of local linkages. Main Alternative Hypothesis: Cultural distance affects the Dutch multinational enterprises’ establishment of local linkages. Null Hypothesis 1: Cultural distance and the establishment of local linkages are not significantly correlated with each other. Alternative Hypothesis 1: Cultural distance and the establishment of local linkages are significantly correlated with each other Null Hypothesis 2: Cultural distance does not significantly affect the favorability of factors relating to local business environment of Dutch Multinational Enterprises. Alternative Hypothesis 2: Cultural distance significantly affects the favorability of factors relating to local business environment of Dutch Multinational Enterprises. Null Hypothesis 3: Cultural distance does not affect decisions of Dutch Multinational Enterprises

A Work Of Art And Its Impact On Society - 1503 Words

A work of art is something that touches the emotions of people. Without saying a word, art often speaks volumes to its viewers by challenging the current ideological orders, which are better known as the ways in which society thinks, acts, and functions on a daily basis. One of the most powerful art forms in terms of influencing society is a monument, which can be defined as a large manmade structure built to commemorate a significant person or event in history. Like all forms of art, monuments tell a story. Additionally, they take art to the next level by portraying something historical. They are one of the best art forms when it comes to influencing the public, yet their cultural impact is often overlooked. Many people see a monument as a display of a person or event’s importance to society during its time in history. However, that is not its sole purpose. It should also remind people of how the world was impacted by the particular event it stands for. A monument is capable of fueling an effort to maintain the change brought about by what it represents while also inspiring people to refrain from returning ideological order to its state prior to that event’s position in history. When designing a monument, architects strive to reach success in both of these categories to maximize its impact on ideological order. The first prerequisite for building a monument is establishing a good reason and location for which to build one. For a person or event to have aShow MoreRelatedThe Real Life Application : Beauty Is One s Positive And Admiring Feeling Or Understanding Towards One Object794 Words   |  4 Pagesone object. In twenty first century, individuals are bonded with beauty that the society, or the shared knowledge, have agreed for trillion years, yet different people holds different opinion whether they admire an object or not. 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This essay will examine the increase of feminist art visibility and the way in which the audience views work through female perspectives; how art is defined through alternative and non-traditional media, and how fine art has created platforms and spaces for discussion and widens views of feminism within feminist groups and how it can be portrayed differentlyRead MoreAndrew Warhola was born in 1928, in Pittsburg, Pennsylvania. He majored in pictorial design at the1100 Words   |  5 Pagesvisual art movement in pop art. He explored the relationships between artistic expressions, commercial advertisement, and celebrity culture in the 1960s and beyond. His views on American culture ad unique artistic expressions of the style of art had a great impact on American society by brining society’s obsession with mass culture and expanding mass media in America. Andy Warhol, the founding father of the pop arts’, created a movement that began in the late 50’s, Andy Warhol’s idea of art brought

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Film Analysis Of Dune Film Essay - 1669 Words

Dune is a film based on Frank Herbert’s award-winning book by the same name. The movie was written and directed by David Lynch. Dune was released in 1984 and was considered by most critics a failure. The plot takes place on the desolate, arid planet called Arrakis, otherwise known as Dune. Dune is the only planet in the universe in which a very valuable substance is created beneath the depths of the sand by giant worms. This substance is a spice called melange. Melange is critical to space travel. It also increases awareness, prolongs life, and can unlock prescience is some of the movies characters. Two major universal powers, House Atreides and House Harkonnens, are disputing control over Dune. A hero, Paul Atreides, leads the Dune†¦show more content†¦Throughout the movie Paul’s ability to fight cannot be matched. First, after displaying superb use of a lasgun, his mentor, Gurney Halleck proclaims Paul’s abilities with the weapon is â€Å"precise and controlled† (00:14:00). Later, Paul fends off an attack from the highly skilled native Fremen (who he later befriends) (1:12:26). As the western hero, Paul’s ability with weapons and fighting cannot be matched throughout the film. Violence is not only used by Paul. In westerns, the enemy is almost always the first to display a violent act. As Robert Warshow stated, â€Å"With the Westerner, it is a crucial point of honor not to ‘do it first’; his gun remains in his holster until the moment of combat† (438). Falling into the patterns and stereotypes of a Western, In Dune, the enemies of the Atreides, the Harkonnens attack Paul first with a trap in his own home (00:48:00). Paul and his family are aware The Harkonnens are prepared for violence and war but, the Atreides, known for their honor refuse to attack first or retaliate quickly. As the hero, Paul remains calm and composed, waiting for the proper time for a planned attack. The final display of vio lence is a knife battle between Paul and the nephew of the main antagonist Baron Vladimir Harkonnen, Feyd Rautha (1:48:00). They circle each other, surrounded by a ring of friends and foe. Feyd Rautha even goes as far as to proclaim â€Å"I will killShow MoreRelatedPost-Modern Analysis of Hr Gigers The Birth Machine3361 Words   |  14 PagesA Postmodern analysis of H.R. Gigers: The Birth Machine Contents 1. Introduction to Essay: Premodern, Modern and Post Modern Art 2. The Artist, Hans Rudi Giger and The Birth Machine 3. The Birth Machine 4. Picture: The Birth Machine 5. The Philosophical Narrative a. My chosen philosophical narrative (Postmodernism) b. Analysis of the piece through postmodernism 6. The Poem: Der Atom Kinder 7. Critical Evaluation 8. Conclusion 9. Picture: Bullet Baby and Iron Cast Copy 10. BibliographyRead More Post-Modern Analysis Of Hr Gigers the birth machine Essay3292 Words   |  14 Pages A Postmodern analysis of H.R. Gigers: quot;The Birth Machinequot; Contents 1.nbsp;nbsp;nbsp;nbsp;nbsp;Introduction to Essay: Premodern, Modern and Post Modern Art 2.nbsp;nbsp;nbsp;nbsp;nbsp;The Artist, Hans Rudi Giger and quot;The Birth Machinequot; 3.nbsp;nbsp;nbsp;nbsp;nbsp;quot;The Birth Machinequot; 4.nbsp;nbsp;nbsp;nbsp;nbsp;Picture: quot;The Birth Machinequot; 5.nbsp;nbsp;nbsp;nbsp;nbsp;The Philosophical Narrative a.nbsp;nbsp;nbsp;nbsp;nbsp;MyRead MoreLiterary Criticism : The Free Encyclopedia 7351 Words   |  30 PagesBritish authors wrote novels inspired by it.[10][11] In the 20th century, it spread to Germany, Britain,[12] France,[13][14] and several other countries around the globe.[15] The genre translates fairly directly into cinematic form, the coming-of-age film. Plot outline[edit] A Bildungsroman relates the growing up or coming of age of a sensitive person who goes in search of answers to life s questions with the expectation that these will result from gaining experience of the world. The genre evolvedRead MoreDeveloping Management Skills404131 Words   |  1617 PagesLine 58 Understanding and Appreciating Individual Differences Important Areas of Self-Awareness 61 Emotional Intelligence 62 Values 65 Ethical Decision Making and Values 72 Cognitive Style 74 Attitudes Toward Change 76 Core Self-Evaluation 79 SKILL ANALYSIS 84 Cases Involving Self-Awareness 84 Communist Prison Camp 84 Computerized Exam 85 Decision Dilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial Characteristics

Stolen Valor Act free essay sample

Why cant we try to deter willful misrepresentations of fact by a modest fine, at least, if they create direct harm to others? Lies to those evaluating your credentials may do direct harm to others. If one lies to gain a job, something which seems to happen with increasing frequency, isn’t it a direct harm to others? Or, how about false representing as having received any credentials for something? The Stolen Valor Act of 2005, signed into law by President George W. Bush on December 20, 2006,[1] was a U. S. law that broadened the provisions of previous U. S. aw addressing the unauthorized wear, manufacture, or sale of any military decorations and medals. The law made it a federal misdemeanor to falsely represent oneself as having received any U. S. military decoration or medal. If convicted, defendants might have been imprisoned for up to six months, unless the decoration lied about is the Medal of Honor, in which case imprisonment could have been up to one year (Wikipedia). I personally don’t have any family members in the military, but I know friends who are in the military and I know they would be highly offended if someone falsely represented themselves to be a member of the military. Those men and women who serve our country risk their lives and have put work into whatever credentials they have earned and it is a great disrespect for anyone to falsely give oneself credit for something they have not earned. The purpose of the Act was to strengthen the provisions of federal law by broadening its scope and strengthening penalties. Specific new provisions in the Act included: †¢granting more authority to federal law enforcement officers; †¢broadening the law to cover false claims whereas previously an overt act had to be committed; †¢covering the mailing and shipping of medals; and protecting the reputation and meaning of military heroism medals. The Act made it illegal for unauthorized persons to wear, buy, sell, barter, trade, or manufacture any decoration or medal authorized by Congress for the armed forces of the United States, or any of the service medals or badges awarded to the members of such forces. In the 18 months after the act was enacted, the Chicago Tribune estimated there were twenty prosecutions. The number increased as awareness of the law spread (Wikipedia). The number of prosecutions continued to increase. Therefore, it was very clear that this was a tremendous issue and that the Stolen Valor Act was serving its purpose. Unfortunately, the majority disagreed saying that there is no proof that lying about medals degrades the value and honor of those who have actually earned those medals. Who could possibly agree to this? Well, government lawyers argued that lies about military medals are false statements that have no value and hence no first Amendment protection. On Thursday September 13, 2012, the U. S. House of Representatives passed a new version of the Stolen Valor Act. The first version of the Stolen Valor Act was struck down by the Supreme Court as a violation of the First Amendment. The bill focuses not on people who lie about having medals they didnt earn, but on any profits they make from lying about the medals, which is essentially criminal fraud. Rep. Joe Heck (R-Nevada) sponsored the new bill. His office issued a release saying the bill passed by a vote of 410-3. Heck said in a floor speech that the bill would survive judicial review because it resolves the constitutional issues by clearly defining that the objective of the law is to target and punish those who misrepresent the alleged service with the intent of profiting personally or financially. The bill targets those who falsely claim to have earned certain major military decorations, including the Medal of Honor, Distinguished Service Cross, Navy Cross, Air Force Cross, Silver Star, Purple Heart or a medal signifying you served in combat (CNNPolitics). In 2007, there was a case against a man named Xavier Alvarez who was an elected member of the Three Valleys Municipal Water District Board in Pomona, California. Alvarez said at a public water district board meeting that he was a retired Marine, had been â€Å"wounded many times,† and had been â€Å"awarded the Congressional Medal of Honor† in 1987(NBCNews). However, he never served in the United States armed forces. Alvarez argued that his false statements were protected by the first Amendment right of free speech. Regardless, of his freedom of speech or anyone’s, no one should be giving the right to lie about something so serious especially, if it dishonors the men and women who serve for us and our country. I believe that there should be a law protecting military members against people like Alvarez. Unfortunately, the majority opinion by Justice Anthony Kennedy said, â€Å"The remedy for speech that is false is speech that is true. This is the ordinary course in a free society. He also quoted from the famous dissent by Justice Oliver Wendell Holmes in the 1919 Abrams decision: â€Å"The best test of truth is the power of the thought to get itself accepted in the competition of the market. Some false statements are inevitable if there is to be an open and vigorous expression of views in public and private conversation, expression the First Amendment seeks to guarantee (NBCNews). Kennedy might have a point, but I strongly disagree and believe it is unethical period. Moreover, the government shouldn’t allow anyone to make false statements of any kind if it disrespects their country and their people. This act has definitely been a long debate for some of us with reasoned arguments on both sides. In my view it’s unethical and it should have not been struck down by the Supreme Court. Yes, we live in a country with freedom of speech, but this has abused such privilege. So why not punish someone when they’ve abused such privilege?

Strategic Management of Business Operations

Table of Contents Introduction Strategic management Strategy making Situation and competitive analysis Organization’s challenges in the global market Conclusion References Introduction There has been stiff competition in the execution of business activities with each company implementing different and creative strategies to win over the market. The continuous advancement in technology has brought forth various new ways of handling various activities and issues in all field of business operations.Advertising We will write a custom essay sample on Strategic Management of Business Operations specifically for you for only $16.05 $11/page Learn More Technology has improved communication and transport which are among the many aspects having close relations to business growth and expansion. Easy transport and communication has enhanced by technology has made more and more transactions to be undertaken. To ensure that the business survives the dynamic market forces in rendering its services to the customers and win more customers, there is need for proper strategic measures to be formulated and implemented. This essay seeks to analyze strategic management as implemented in the management of business operations so as to maintain good business performance and development despite the changes in market forces that may occur. A specific example of Bay hotels will be used to make the discussion real in pinpointing out areas where attention will be required as the hotels tries to make their presence felt in the around the national and around the world. Strategic management The history of an organization is usually important in checking the progress over the years. This usually helps in one being able to know the challenges a company has undergone and the way the challenges were handled then. The past challenges and successes usually form a platform for formulating new strategies depending on the future prospects. It also helps a compan y management to avoid repeating mistakes which committed in the past. For the case of Bay hotels, the past has witnessed an excellence performance. Bay hotels are located in Britain. There are eleven regions where Bay hotels are in England, three in Scotland and one in Wales. Some of the regions have up to four hotels making the total number of Bay hotels in Britain to be around 32. The Bay hotels are located in some of the best resort regions in the UK making them have a unique attraction to visitors. According to the company website, â€Å"Every Bay hotel has its own unique character and because we were the first to offer accommodation in many areas, you can expect out hotels to enjoy prime locations with some of the best views around† (Bay, 2009, p. 1).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More There are various strategy paradoxes that have different ways of approaching and solving problems. There are two main approaches to learning of strategies proposed by Abraham Maslow which are problem-driven and tool-driven (Meyer Wit, 2005. p. 4). In problem driven strategy, one usually takes an in-depth analysis of the problem after which he checks for the right way of going about it while in tool-driven strategy; one usually internalizes theories before checking on the problem. In running of a business, the top management team is usually responsible for formulating and implementing new strategies to maintain continuous business growth. To do so, they have to take good analysis of the market forces so as to make sound decisions. This involves developing strategic vision and mission statements, setting objectives, formulating strategies, implementing the strategies and then checking the performance of a company. The objectives set should be challenging but achievable to ensure good progress of a company. The integration of all these activities usually yields go od results. In the hotel industry it is usually very significant for the management to ensure that the company remains relevant in the eyes of the customers and potential customers. The service industry is very competitive and it is therefore significant that strategic management at Bay hotels be a continuous process which is not undertaken to completion but rather improved perpetually. In case the strategies are to be modified during the implementation, and then the management team should be dynamic to accommodate the changes. This management entails competitive moves that yield good returns and continuous development.Advertising We will write a custom essay sample on Strategic Management of Business Operations specifically for you for only $16.05 $11/page Learn More The management should run the business, improve sales and satisfy customers as well as strive to meet the set targets (Olsen, 2006, p. 239). Bay hotels management ought to be dynamic enoug h to accommodate emerging trends in the hotels and avoid risking lagging behind. This is especially significant if the hotels are to venture into the international markets where competition for international customers is even stiffer. In putting the strategies to work, there are various questions that the management usually figures out. It should consider the current situation and of the company, where the company wants to be in future and the means they are to use to move it there (Cumming Greiner, 2009, p. 167). The implementation of strategies is not usually a smooth process. It may be affected by factors from within the company or others that are from outside. Some of these challenges posed can be sorted by the management while others need partnership with people outside the management. If all the parties involved in the running of a business such as the employees are in line with the long term projections and are totally dedicated in their duties, then most of the internal cha llenges would be overcome with much ease. In formulating a strategy, one usually considers new opportunities, geographic coverage, integration required, diversification and the management of the key functions. This process usually involves taking of risks, creativity and spotting of opportunities that are rewarding to the company in the long run (John Ulwick, 2009, p. 119). The strategy should be maintained to completion according to the time frame stipulated. The organization capability is usually fundamental in the implementation of the strategies. If the resources are available and there are no major distractions, then the strategies’ implementation can be achieved in the time span provided. The performance of the strategies should be evaluated so that any modification necessary is to be undertaken in time. Strategy making The strategy making starts from developing the vision and mission statements. It usually entails getting a clear understanding of the firm future prosp ects and communicating to others in an understandable and inspiring way. This usually attracts investors and other parties who play some important roles such as raising funds for the company for it to undertake.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More All the stakeholders of the company should be taken into consideration as they play important roles in management and running of the company. Some of the stakeholders include customers, stockholders, creditors, debtors and employees (Gibbert, 2010, p. 1). In making the strategy, the company management stipulates what the company wants to achieve in future and lays down the short-term and long-term investment plans. In making the plan, other competitors in the field are considered. The strategies to be formulated and implemented are to improve the customers’ confidence in the company and the company’s reputation as well as put the company in a better place at the market so as to be able to withstand the dynamic market forces and thus have a better hand in selling (Wintzer, 2007, p. 4) The strategies should also indicate what activities the company should not undertake. Such activities are mostly a hindrance to the growth and development of a company. The most appropriat e technology should be used. These technologies usually reduce the overall cost in strategy making and also increases efficiency as time is well managed. The customer is one of the most influential stakeholders in the company thus the varying customer needs should be evaluated in order to come up with a better way of handling and providing services so that all the customer groups are satisfied. This is because the company’s operations are either customer-driven or market driven. The technology used usually brings specialization in which a person performs in a field in which he is more conversant with. This usually makes everyone involved to be well integrated in the strategy making and implementation process. To ensure that the strategy formulated fits well in the business, the strategy should narrow down specifically to what the company intends to do. This usually minimizes confusion and ensures good coordination. To the contrary if business activities are diversified, then a broader perspective is usually good so as to accommodate all the fields. There are various departments in a company. These departments should have strategies in line with others to avoid some departments lagging behind. The department’s contribution, role and direction which are necessary to the overall success are usually considered. Good communication improves coordination and sometimes may challenge or motivate one in his undertakings. Since the market is influenced by external forces, international trade conditions should be considered and the signs of improving or declining market opportunities realized. The vision, mission and objectives usually give guidance in proper decision making. Proper referencing platform for the performance are usually necessary. For example, if a company doesn’t have a specific future objective but is totally dedicated to carrying out its duties, then it usually does not achieve the best results as its resources could have yielded. Th e short term strategic measures are very important as they act as a measure of the overall progress of the long term measures. This means that the two should be formulated in line with each other. They usually stipulate the time frame for the achievement of every objective. Thus, the stipulation of the time frame for the achievement of every objective should be provided. The long- term measures usually consider the effects on the arguments passed in the running of the business in its future performance. This thus brings the necessity to critically analyze each strategy to be made on the company because a mistake could result to major consequences in the business operations. The strategies usually take into account organization-wide objectives, product objectives, department objectives and individual objectives in the order given above. This shows that the formulation insists that all parties must be involved although at different levels. The strategies do not only take into account what the business intends to do but also the current steps undertaken. The strategy making entails formulating means of reaching performance targets, outcompeting rivals, achieving competitive advantage, withstanding market forces, capturing emerging market opportunities and bringing the company vision to become a reality. Thus, it is based on what actions the management is to undertake for good formulation. Because of continuous change in competition, customer needs and expectations, production costs, regulations, opportunities and threats, then the strategies should be dynamic to be able to handle these challenges. The formulation of good strategies usually makes it possible to achieve the intended achievements as well as attain others which were not foreseen. This is the case for either a diversified firm or a single line company. The formulation of the strategies is well done by well qualified personnel in the specified fields. The specialists usually avoid unnecessary errors th at may arise and provide thorough investigations of the strategies to the best of the knowledge available (Grant, 2005, p. 29). In the case of a diversified firm, the strategy making process takes into consideration all the industries or business groups giving different approaches to each. It should consider the diversification and look into ways in which the performance can be boosted and the investment projects that should be undertaken prior to others. The various strategies formulated are functional and operational. The functional strategies usually oversee the performance of the key activities and provide support in the business operations. The operating strategies are useful in analyzing the performance of various operating levels. The strategic plan requires unification of the various strategies involved. The good thing, about it, is that these strategies usually reinforce each other to bring forth good results. The choice of a specific strategy is affected by internal and ex ternal factors. The external factors includes society, politics, laws, industry attractiveness, opportunities and threats while internal factors include internal strengths and weaknesses, key executives influence, shares values and culture. These factors usually shape the strategy to be implemented. Some laws and cultures may act as hindrance to the formulation of certain strategies. The responsibility the company has to the society due to the activities it undertakes has great influence in the company strategy making. The company should have a good image and reputation in the eyes of the general public with the strategy being related to the competitive conditions. Good techniques should be used to handle the various risks and threats that may arise (Mathieson Scinasi, 2000, p. 41). This ensures stability of the business incase challenges arise. The making of the strategy should consider the firm’s strength, weaknesses and competitive capability. The company’s main co mpetencies are usually important because they give the company an upper hand in taking the opportunities that arise (Drejer, 2002, p. 33). The strategies should assist the company in utilizing its strengths and taking corrective measures on its weaknesses. Key executive business philosophies and approaches towards the weaknesses are crucial in success of a company. The strategies formulated should not conflict with the culture of the business. This helps in avoiding unnecessary collision of contradicting ideas which would affect the formulation and implementation of the strategies. The strategy should be in line with the expectations of the stakeholders such as shareholder, employees, customers, suppliers and the community. The formulated strategy is efficient and good for the achievement of the company’s objectives if it is inline with the firm’s situation, provides the company with sustainable competitive advantage and boosts the overall company’s performance. Situation and competitive analysis There are various approaches to achieving better results in the market. The organization could use competitive approach to identify the competitive scope and functional strategies taking into account the success brought about by the current strategies. This usually helps to know whether to improve on the current strategies or choose a new strategy. The well performing strategies are found to make a good use of the organization’s expertise, strengths, core competencies and the strong competitive capabilities available. This usually makes a company better placed to undertake its investment plans such as expansion of the enterprise and be able to cope with the fluctuation of market forces. The situation analysis is very importance in analyzing the condition of a company, its rivals and the environment so as to know the best approach for the implementation of the strategies to win the market favor. The environment usually makes it possible for the company to identify the strategic options and opportunities available in the market. The environment usually consists of the external factors considered in situation analysis while the company’s competitive position usually forms part of the internal factors. Strategic thinking and analysis are useful in situation analysis (Karami, 2007, p. 83). They usually help in realizing the strategic options available to the company and making an excellent choice of the one that fits the business well. In analyzing the external environment, one usually tries to pinpoint the major economic traits such as: market size, entry barriers, technological advancement, customer characteristics, industry profitability and the capital requirement, drivers of changes, strong competitive positions, and rivals strategic moves among others in order to get the full information. After getting analysis of these factors, then the company management is in a position to make the right choice of the strat egies to be implemented. Organization’s challenges in the global market There are forces that are evident in a situation analysis. These forces include the availability of substitutes, buyers’ and suppliers’ bargaining power and the presence of potential new entrants. In the analysis of these forces, the management should find out the sources of these forces and their strengths. Rivalry among companies is one of the most used and effective force which uses price, quality, customer service, product innovation, advertisement and dealer network as some of its weapons at the market. Rivalry usually arises in an industry when product demand is low and there are many firms in the industry who find it rather expensive to move to other fields of business (McDaniel et al., 2008, P. 38). The presence of new entrants into which the management needs to venture usually increases the competition. They usually increases the production in the industry and thus to maintain the b usiness in good performance, the management has to critically analyze the situation (Clarke, 2005, p. 175). The barriers present in the entry of a new firm and the reactions from the firms already in operation usually determine how easy the new firm is able to venture into the market. The most common barriers to entry include economies of scale, insufficient technology, brand preferences, capital requirements, regulatory policies and international trade regulations. In production of goods, the development of a company usually relies on the returns available. The production of small quantity of goods usually results in higher cost of production per unit (Pandey, 2002, p. 214). This usually requires a company to sell its products at a higher price so as to cover its costs and make some profit. For the well established and big companies, since the production is high, the cost of production is usually shared and is generally low. This places them in a better place at the market to make large margins of profits. Hence, if an organization wants to venture into the global market, then there should be a critical analysis of how the cost of production per unit item is to be kept as low as possible for it to be in an opposition to sustain the market pressures. There are certain ventures at the global market that require specialized technology. Although there has been continuous advancement in the technology in all fields, the technology available to different parties is not the same. This may be due to some hindrances preventing full access to advanced technology. Geographic locations and the research undertaken usually leave some places and people lagging back in terms of technology. In the venture of the operations of an organization in the global market, an organization should consider the technology required in operations and compare them to its current technology capacity. If the organization is in a capacity to get the specialized technology, then it is in a posit ion to go ahead and undertake its operations in the global market. On the other hand if the organization finds challenges in getting the specialized technology required, then the venture into global market may pose a challenge in its development because it will be likely to underperform as per the global standards. Due to improved knowledge in the production process, the cumulative production of a product may result in decline in the production cost of a unit. This is usually as a result of familiarization to what is expected of a company. This is usually referred to as experience curve. The experience curve, empirically verified in hundreds of studies, suggests that, as a firm accumulates experience in building a product, its cost in real dollars will decline at a predictable rate. When the experience curve applies, the first market entry attaining a large share will have a continuing cost advantage. (Aaker McLoughlin 2010, p. 171) The requirements for achievement of the experienc e curve are continuous improvement in management and equipments used in the execution of the operations. Thus, before an organization expands its business to the global market, the experience curve may be a hindrance or a way through for its success. Thus good analysis of the curve could help the organization in making the right choice of strategic management to be undertaken. There are organizations that have been in the market for long period of time. The services and goods an organization has been offering have been well adopted by the customers (Teal Reichheld, 2001, p. 3). For new organizations that want to venture into the same industry, they usually find it very difficult to win the market favor (Sengupta, 2005, p. 131). A good example is the Coca-Cola Company which has been in the market for long supplying its customers with its soft beverages. The penetration of another beverage company into the same market is not an easy task as there are customers who are loyal and would not agree to shift to other products. There are other customers who are attached to specific brand. The provision of a different brand usually fairs poorly in the market due to rejection. Thus before an organization ventures into operation in the global market, it should consider the extent to which the customers are loyal to the already existing organization taking into account the various brand preferences. If the conditions are favorable, then the organization can venture but if the conditions are not good, then venturing into the global market is not a worthy investment. The establishment of an organization so that it can serve a larger population usually requires a lot. More capital is required to undertake the project. The capital is used in establishing the new operational branches of the mother organization. There are many types of capital available to the organizations and they include equity capital, debt capital and specialty capital (Salai-i-Martin Barro, 2004, p. 82). Equity capital is the difference between assets and liabilities of a company. This form of capital is used to finance the operations and expansion of an organization for example Microsoft. Some organizations have debt capital which is mostly obtained by lending money especially to financial institutions such as banks. These institutions usually invest the money and give it back to the lenders with some of the interest it has earned. Also the organization can borrow the money. Depending on the type of capital available to the organization, the expansion of the company to operate globally faces a challenge in raising the large amount of capital required. Thus the availability of capital is a major barrier to expansion Every state has regulations that govern the operation of businesses. These regulations are usually meant to maintain sanity and order in various industries and they vary from one state to another. In order to carry out business internationally, there are regulations tha t promote business among various states. The government of a give state could also regulate the number of businesses operating in a given field based on some reasons which may not be released to the public. Due to these factors, a company expanding its business to other locations may not be allowed to operate according to such regulations (Pakroo Packroo, 2008, p. 111). There are various types of regulations such as; market failures, social subordination, collective desires, irreversibility, interest group transfer and professional regulation. Due to the changing of the environment and other factors affecting business operations, then the regulation have to be constantly changing according to the situations. Failure to adhere to the regulations set usually leads to legal actions such imprisonment and huge fines on the part of the offenders. Thus a business expansion to a given field may be hindered by the regulations set. At the international scene, there are restrictions set to re gulate the flow of goods to a given country (Bishop, 2009, p. 13). This usually gives access of the distribution channels to some limited number of organizations. These organizations usually enjoy large sales returns due to reduced competition. The restriction may be placed to ensure only goods that attain a given quality are allowed to be accessed by the public. Such restrictions are meant to ensure that there is sanity and uniformity at the international market (Smelser Swedberg, 2005, p. 173). Some the factors that affect business transacting across various states include the infrastructure established and the politics. Some organizations are found to win favour due to the political status of a region. In the case of political instability, the international trade is usually greatly affected. For example, the political instability of Libya has its effect felt by every one across the globe by the rise in fuel costs and thus the involved companies have been affected. This clearly i ndicates that the international restrictions regulate international business which is also affected by other factors. Despite all the challenges encountered, an organization should be able to identify the most rewarding factors. These factors are usually responsible for prediction of the profits or loss margins a company may encounter and to what extent the company will be successful at the market. The most rewarding challenges usually include skills and competitive capability endowed to an organization. In identifying these factors, an organization should maximize on them so that it can be better placed at the market. Conclusion There are various paradoxes which vary in the approach given to a problem. The main aim of a business is to gain more returns so that it can be able to maintain its operations as well as expand. To achieve these objectives, the organization must undertake good formulation and implementation of strategies. The implementation of the strategies is usually not a smooth process as there are many hindrances which are encountered. Business organizations should make wise considerations before venturing into new markets to avoid losses and failures. References Aaker, D. McLoughlin, D. (2010) Strategic Market Management: Global perspectives. San Francisco: John willey and sons. Bishop, B. (2009) European Union law for international business: an introduction. Cambridge: Cambridge University Press. Clarke, A. (2005) Situational analysis: grounded theory after the postmodern turn. California: SAGE. Cumming, T., G. Greiner, L. E. (2009) Dynamic Strategy-Making: A Real-Time Approach for the 21st Century Leader. San Francisco: John Wiley and Sons. Drejer, A. 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