Thursday, October 17, 2019
Letter of advice Essay Example | Topics and Well Written Essays - 1750 words
Letter of advice - Essay Example Sa number of obstacles to effective interpersonal communication that you have faced and may still face include reluctance to communicate, poor listening skills, predispositions about the subject, education and social background, age, gender, and cultural differences, language barrier, personality clashes, time pressures and unrealistic expectations. I feel that a major barrier to intimate relationships is unrealistic expectations that we have about our spouses. These is acquired from our upbringing, culture, romantic novels and movies or social media. When these expectations are not met, we feel disappointed and angry, then blame our spouses for the relationship troubles (Theravive, 2011). The solution is openness, honesty and active listening. Women and men communicate differently in relationships. Women communicate to connect with others. They relay emotions more readily and are more relationship-oriented. Their motivation is to build friendship and closeness and, thus, may appear too clingy or nagging. Men communicate to relay information. They dwell on topics that barely touch on emotions, thus, may appear to be aloof or uncaring. They see the practicality of issues and want to solve problems for their spouses. Bearing this in mind, the two of you can begin to understand the differences with which each gender approaches issues. For example, Sam can try to be more open about his emotions without appearing to be weak in your eyes, Sue. Also, Sue can try to be more patient and not take it personally when Sam tries to solve her problems. Culture refers to the values, behavior, and beliefs of a particular social group. These values can be about religion, race, nationality, social class and gender issues. They shape our thoughts, opinions, goals and perceptions. They are acquired during our formative years from our families, schooling and social environment. Intercultural relationships are beneficial because they offer
Using the product or service of your choice describe the behaviors in Assignment
Using the product or service of your choice describe the behaviors in making a purchase - Assignment Example Chaudhuri (2006) noted that consumer behaviour is influenced by both internal and external factors. The internal factors include personality, lifestyle, motivation, demographics, attitudes, feelings, beliefs, knowledge etc. The external factors include: ethnicity, family, advice, locality, culture, social class etc. The motive of the purchaser or consumer is one of the important factors influencing the purchase of a car. According to Evans, Foxal and Jamal (2009), motive is the driving force that makes an individual want to obtain a certain product. In this case, the purchase of a car will depend entirely on the needs of the purchaser. A consumer may have certain needs that make it necessary to purchase a car instead of purchasing a motor bike for instance. This needs underpin the processes involved in deciding to buy a car. Again the social status and financial capability of a purchaser also influences the decision to purchase. A buyer with good financial capability will purchase a car based on his social standing in the society and the impression he or she wants to make. Such a buyer not only needs a car, but the car has to conform to certain desired standards. These factors go hand in hand with the lifestyle of the purchaser of the car. According to Graves (2010), the purchaserââ¬â¢s attitude towards a certain type of car in combination to his or her knowledge and ability play a central role in determining whether a purchaser of a car will purchase a certain car. The knowledge of a purchaser of a car with regards to strengths and weaknesses of the car shape his attitude towards the car and this in combination with his financial ability then determine which type of car will be bought. Social factors also influence the purchaserââ¬â¢s choice of a product. According to Underhill (2008), social factors like family, friends and the greater society influence a purchaserââ¬â¢s choice. A buyer will buy a car that meets the criterion that in
Wednesday, October 16, 2019
Letter of advice Essay Example | Topics and Well Written Essays - 1750 words
Letter of advice - Essay Example Sa number of obstacles to effective interpersonal communication that you have faced and may still face include reluctance to communicate, poor listening skills, predispositions about the subject, education and social background, age, gender, and cultural differences, language barrier, personality clashes, time pressures and unrealistic expectations. I feel that a major barrier to intimate relationships is unrealistic expectations that we have about our spouses. These is acquired from our upbringing, culture, romantic novels and movies or social media. When these expectations are not met, we feel disappointed and angry, then blame our spouses for the relationship troubles (Theravive, 2011). The solution is openness, honesty and active listening. Women and men communicate differently in relationships. Women communicate to connect with others. They relay emotions more readily and are more relationship-oriented. Their motivation is to build friendship and closeness and, thus, may appear too clingy or nagging. Men communicate to relay information. They dwell on topics that barely touch on emotions, thus, may appear to be aloof or uncaring. They see the practicality of issues and want to solve problems for their spouses. Bearing this in mind, the two of you can begin to understand the differences with which each gender approaches issues. For example, Sam can try to be more open about his emotions without appearing to be weak in your eyes, Sue. Also, Sue can try to be more patient and not take it personally when Sam tries to solve her problems. Culture refers to the values, behavior, and beliefs of a particular social group. These values can be about religion, race, nationality, social class and gender issues. They shape our thoughts, opinions, goals and perceptions. They are acquired during our formative years from our families, schooling and social environment. Intercultural relationships are beneficial because they offer
Tuesday, October 15, 2019
Public Adminstration Essay Example | Topics and Well Written Essays - 500 words
Public Adminstration - Essay Example Among several issues like the history of a government, its form and reform, stands the topic on governmental organizations and classifications, on which a number of authors have written. Among these outstanding authors is Luther Gulick in his 'Notes on the Theory of Organization' (1937). This discussion focuses on the component parts of Gulick's ideas relative to organizational classification, how they interrelate and contribute to the whole. In chapter 3 of the, 'The Craft of Public Administration', George Berkley and John Rouse attempt an Anatomy of Public Organisation. 'The article on the Machinery of Government Reform: Principles and Practice', (:Machinery of Government Reform Principles and Practice.htm) quotes the Haldane Report of 1918 on the 'distribution of government activities between government departments.' In effect, the Report proposes ten divisions in government ranging from Finance to Justice, despite recognising impossibility in 'co-operation between Departments in dealing with business of common interest" (Haldane 1918: 16). Contrary to the Heldane report, the American Public Administrator and Educator, Luther Hasely Gulick, 1892 - 1992, proposed four criteria for allocating government activities: purposes, such as furnishing water or conducting education; processes (employed), such as engineering, medicine, carpentry: place, for example Hawaii, Bos
Development of English Lit During Any One Period Essay Example for Free
Development of English Lit During Any One Period Essay Trace the development of English lit during any one periodAs part of your discussion highlight how significant events in the influence the writingAdditionally show how characteristics of the genre the writer uses reflects the period in which it was written. James Arthur Baldwin once stated that: know from whence you came. If you know whence you came, there are absolutely no limitations to where you can go. This quotation may apply to the span of the Anglo-Saxon period because of the coherent linkage to the origination of the English dialect and the modernization of English Literature. Over the years English literature has evolved greatly. There have been diverse changes to the structure and development of English language since the advent of Old English dialect during the Anglo-Saxon period to what we now speak and consider to be English language. ââ¬Å"Old English is not uniform. It consists of various dialects, but literature needs to treat it as a languageâ⬠(Michael Delahoyde.) Research has proven that around the world there are over one hundred (100) variants of English, from different American-English dialects, to those of Asia, Africa and Oceana. It is important for one to know both the origin of this powerful masterpiece known as the English Language and the importance of this literary period to the development of English literature. In attempting to do the aforementioned, the focus will be on the Anglo-Saxon people, their society, culture, and literary work with a view towards highlighting the impact on the development of the English language and English literature. The Anglo-Saxon or Old English period goes from the invasion of Celtic England in the first half of the fifth century (AD 700) up till the conquest in 1066 by William of Normandy. The Anglo-Saxons consisted of diverse ethnicity that forms one nation. There were three main ethnic groups that formed the Anglo-Saxon. These are: Angles from Angel in South-West Denmark, Saxon from North-West Ger many, and Jute from Jutland in Central Denmark. These three main ethnic groups have made up most of the Anglo-Saxon society. However; smaller group of people from Germanic ethnic group were also associated with the Anglo-Saxons. These people shared the same language but were each ruled by different strong warriors who invaded and conquered Britain while the Romans were still in control. The Angles and the Saxon tribe being the largest of the groups when attacking other ethnic groups were often called the Anglo-Saxons. England which means the Land of the Angles was a name given after the Anglo-Saxon. A writer describes them as: ââ¬Å"A warrior society that put swords and shields before fancy artifacts. Helmets were placed before gold and death before dishonour.â⬠The Anglo-Saxon was a pagan society and the people were initially free; however, life for even the richest of the social groups was very hard. The Anglo-Saxon society had three social classes. There was an upper-class, middle class and a lower class. The Anglo-Saxon upper class was the Thanes. They would give gifts like weapons to their followers and they enjoyed hunting and feasting. The churls were the middle class in the Anglo-Saxon Society. Some churls were wealthy people while some were very poor. The lower class was slaves called Thralls. The churls and the Thanes were owners of Land. However, some churls had to rent land from a Thane. They would then work the Thane land for part of the week and give him part of their crops in exchange for rent. ââ¬Å"The basis of society was the free peasant. However in time Anglo-Saxon churls began to lose their freedom. They became increasingly dependent on their Lords and under their control (Tim Lambert.) Researches have indicated that most Anglo-Saxons were primitive subsistence farmers. It has also being proven that some of the men were craftsmen. The farmers grew wheat, barley, peas, cabbage, carrots, rye and parsnip. They reared animals such as pigs, cattle and flocks of sheep. The craftsmen were blacksmith, bronze smith, jewelers and potters. Their homes were made with wood and have thatched roofs. Anglo-Saxon society was decidedly patriarchal, but women were in some ways better off than they would be in later times. ââ¬Å"A woman could own property in her own right. She could and did rule a kingdom if her husband died. She could not be married without her consent and any personal goods, including lands that she brought into a marriage remained her own property. If she were injured or abused in her marriage her relatives were expected to look after her interestsâ⬠(David Ross.) The women were responsible for grounding of grains, baking of bread, brewing of beer, making of butter and cheese. During this era it was dangerous to travel; thus, most people would travel only if it was unavoidable. If possible they would travel by water along the coast or along the river. During the early Anglo-Saxon period England was a very different place from what it is today. The human population was very small. They grew their own food and made their own clothesâ⬠¦ The lord and kin had the strongest ties in the Anglo-Saxon society. The ties of loyalty were to the person of a lord. There was no real concept of patriotism or loyalty to a cause. ââ¬Å"Kings could not, except in exceptional circumstances, make new laws. Their role instead was to uphold and clarify previous custom. The first act of a conquering king was often to assure his subjects that he would uphold their ancient privileges, laws, and customsâ⬠(David Ross.) One of the most famous kings during the Anglo-Saxon period was Ethelberht, king of Kent (reigned c.560-616). He married Bertha, the Christian daughter of the king of Paris, and who became the first English king to be converted to Christianity. ââ¬Å"Ethelberhts law code was the first to be written in any Germanic language and included 90 laws. His influence extended both north and south of the river Humber: his nephew became king of the East Saxons.â⬠(The Royal Household) Kinship was very important in the Anglo-Saxon society. If you were killed your relatives would avenge you. If one of your relatives were killed you were expected to avenge them. However the law did offer an alternative. If you killed or injured somebody you could pay them or their family compensation. This led to bloody and extensive feuds. The money paid was called wergild and it set a monetary value on each persons life according to their wealth and social status. The wergild for killing a thane was much more than that for killing a churl. Thralls or slaves had no wergild. If the wergild was not paid the relatives were entitled to seek revenge. The wergild value could also be used to set the fine payable if a person was injured or offended against. Robbing a thane called for a higher penalty than robbing a churl. On the other hand, a thane who thieves could pay a higher fine than a churl who did likewise. The Anglo-Saxons enjoyed storytelling, riddles and games. Most Anglo-Saxon poetry emerges from an oral tradition and was meant for entertainment. These works include genres such as epic poetry, hagiography, sermons, Bible translations, legal works, chroni cles, riddles, and others. Poets were known as Scops and harpists Gleemen. They would sing or recite and were the only historians of the time. The poetic structure was based on accent and alliteration (not rhyme and meter). The minstrels and gleemen would entertain the lord and his men by singing and playing the harp. Michael Delahoyde from Washington State University stated in an argument that ââ¬Å"We get our syntax from the Anglo-Saxons, our preference for and greater ease with nouns, the tendencies to simplify grammar and shorten words, and the law of recessive accent the tendency to place the accent on the first syllable and to slur over subsequent syllables. The poem Beowulf, which has achieved national epic status in England and Judith, are among the most important works of this period. Other writings such as the Anglo-Saxon Chronicle are significant to the study of the era, as it provides preserving chronology of early English history, while the poem Cà ¦dmons Hymn to date survives as the oldest ext ant work of literature in English. Researchers have suggested that there are twelve known medieval poets as most Old English poets are anonymous. Only four of those are known by their vernacular works to us today with any certainty: Caedmon, Bede, Alfred the Great, and Cynewulf. Of these, only Caedmon, Bede, and Alfred the Great have known biographies. The epic Beowulf reflects the era that it was written in greatly as it speaks immensely about pagan deities, a Christian tradition and about a warrior society. A writer describes it as ââ¬Å"the symbol of the antiquity and continuity of English poetry.â⬠ââ¬Å"Several features of Beowulf folktale and the sense of sorrow for the passing of worldly things mark it as elegiacâ⬠¦The Germanic tribal society is indeed central to Beowulf. The tribal lord was to ideals of extraordinary martial valorâ⬠¦Ã¢â¬ (David Damrosch, pg 27). The poet careful use of varied themes and techniques such as alliterations ââ¬Å"as a structural principleâ⬠(pg27), litotes, compound words, repetitions, nobility, heroic glory and distribution of gifts highlighted the way and life of t he people of that era. Beowulf highlighted the Christian traditional beliefs of the Anglo-Saxons people by pin pointing the beliefs that God is the creator of all things and the ruler of the heavens. Throughout Beowulf, whenever any great men manage to achieve heroic feats, the narrator will be careful to attribute their prowess to Gods favor and divine plan. ââ¬Å"He knew what they had toiled, the long times and troubles theyd come through without a leader; so the Lord of Life, the glorious Almighty, made this man renowned.â⬠(Beowulf 12-17) Beowulf complex religious background reflected the era of the Anglo-Saxon people. The description of the creation shows an unusual mishmash with the pagan imagery of the demonic beast ââ¬Å"Grendelâ⬠and the Christian imagery of a caring God that creates all things. ââ¬Å"Then a powerful demon, a prowler through the dark, nursed a hard grievance. It harrowed him to hear the din of the loud banquet every day in the hall, the harp being struck and the clear song of a skilled poet telling with mastery of mans beginnings, how the Almighty had made the earth a gleaming plain girdled with waters; in His splendour He set the sun and th e moon to be earths lamplight, lanterns for men, and filled the broad lap of the world with branches and leaves; and quickened life in every other thing that moved.â⬠(86-98). Beowulf invokes the values of the warrior society of the Anglo- Saxon period in several ways. During the Anglo-Saxon period the relationship between the warrior and his lord consisted of mutual trust; loyalty, and respect. There was a symbolic importance of spiritual materials which entails giving of honour/worth, and the value of ultimate achievements which was a visible proof that all parties are realizing themselves to the fullest in a spiritual sense. These values are all highlighted in the epic Beowulf. Beowulf also reflected the value of kinsmen to exact wergild (man-price) or to take vengeance for their kinsmens death. The need to take vengeance created never-ending feuds, bloodshed, a vast web of reprisals and counter-reprisals (a strong sense of doom). These aspects of the Anglo-Saxon warrior society was highlighted in a fatal evil aspect one of such was Grendel and the dragon in undertaking to slay Grendel, and later Grendels mother, Beowulf is testing his relationship with unknowable destiny. Whether he lives or dies, he will have done all that any warrior would do during that period. The oldest surviving vernacular text in English is called Hymn and was written by Caedmon who is best-known and considered the father of Old English poetry. This poem is an example of pagan and Christian fusion in order to promote Christian themes in a pagan society. Caedmonââ¬â¢s hymn is recorded in Bedeââ¬â¢s Historia Ecclesiastica, and marks the beginning of tremendous developments within textual transmission and the heroic genre itself. ââ¬Å"Caedmonââ¬â¢s Hymn may be regarded as an early forerunner of the dream vision narrative. This style of poetry is formulated by an individual who has experienced a dreamlike revelation within which they are guided by an authoritative figure; in Caedmonââ¬â¢s case this figure being God. The ââ¬Å"heroâ⬠discussed within the poem is perhaps unconventional in modern terms, but just as the Gods of classical literature were seen as heroes within their cultural context, so too does the Christian God in Caedmonââ¬â¢s Hymn represent a hero to the people of Caedmonââ¬â¢s culture. The poem features heavy use of stylistic features archetypal of Anglo-Saxon poetry.â⬠(Tiarnan O Sullivan.) Caedmon had lived at the abbey of Whitby in Northumbria in the 7th century. Only a single nine-line poem remains. ââ¬Å"Now let us praise the Guardian of the Kingdom of Heaven Works Cited The Anglo-Saxon Kings. N.p., n.d. Web. 29 Nov. 2012. http://www.royal.gov.uk/HistoryoftheMonarchy/KingsandQueensofEngland/TheAnglo-Saxonkings/Overview.aspx. Anglo-Saxon Poetry. New World Encyclopedia. N.p., 11 Oct. 2012. Web. 15 Nov. 2012. http://www.newworldencyclopedia.org/entry/Anglo-Saxon_Poetry. Baldwin, James A. à ¢Ãâ¬Ã
âKnow from Whence You Came. If You Know Whence You Came, There Are Absolutely No Limitations to Where You Can Go.à ¢Ãâ¬Ã . Goodreads. N.p., n.d. Web. 12 Nov. 2012. http://www.goodreads.com/quotes/14373-know-from-whence-you-came-if-you-know-whence-you. Beowulf. Beowulf. Georgetown University, n.d. Web. 29 Nov. 2012. http://www.eng.fju.edu.tw/iacd_99F/medieval_lit/data/Beowulf.htm. Damrosch, David. Beowulf. The Longman Anthology of British Literature.
Sunday, October 13, 2019
Foreign Investment In Russia Business Essay
Foreign Investment In Russia Business Essay The case discusses about Schindler which is a company who established itself in 1874 in Switzerland and they manufactured escalators and elevators. For the first time it made a strong decision to develop a fully owned subsidiary in India with the help Mr. Silvio Napoli who will be leading it. He was a Harvard graduate, young, very analytical and had a strong strategic mindset. The case focuses on the problems faced by Mr. Napoli on starting and setting up operations and activities in India which was totally opposite to Switzerland from where he belonged. Mr. Napoli being an expatriate found it very different and difficult to adjust and acquaint him to an Indian culture. He struggled upon Indias protectionist tariff policies, considerations regarding cost and also the staff that was doubtful on his ways as Napoli wanted things carried on his way. All these were a big threaten to his entire career as he wasnt able to go in accordance with his business plan. Mr. Napoli wanted to develop a cost effective solution to make, develop and sell a completely core and standardized product in India. He was a victim to several issues, mainly cultural issues.à [1]à Mr. Napoli being of Swiss origin believes in low contextà [2]à communication style where as in India it is mostly of high context and maybe its for the same reason Napoli is regarded as very talkative. Napoli believed in sticking to business plan because of his orderliness as per Swiss. But the Indian management was mostly willing to customize. Mr. Napoli wanted to mix up his orderliness and generate the task-oriented nature which is why he was often regarded as impatient, impulsive and mostly a hard driver while Indian management compared Mr. Singh as an easy going, patient and friendly person. Indians are not very good time keepers and as a result they keep most of the things towards the end and this was strictly not tolerated by Napoli. This was another reason to issues in Schindler India. Another issue that came up is that, Napoli followed the Swiss habit of total accurate precision delivery where as Indians could be represented as they promise more but actually under deliver it. Napoli failed to understand the business culture properly as he was totally shattered with the increased import duties on certain specific noncore goods including elevators. In India the term of outsourcing was new and couldnt be accepted easily, as a result many mangers in India happened to sign agreements against the strategies of the business plan. This can be better understood if we take a look with the help of Hofstedes comparison model.à [3]à The Italian and Indian culture are different from each other and it is such that Italians are much more focused on themselves as a team unlike Indian culture, when we look at the uncertainty avoidance Italians are usually a bit hesitant in coming to an unknown conclusion unlike the Indian culture. He should have more understanding of the Indian culture. Napoli has failed tremendously to execute the plan that he presented at the time of term of sales, but a plus point is that he was able to develop a high leadership team, he also added onto the companys business model certain buy-ins which was also a wise decision. So somewhere he still has a chance. Secondly, I would like to consider the family issues he was having, he didnt make a wise decision in relocating his family and had to fight several personal issues like his pregnant wife, managing her and her issues also his children injuring themselves. Its not appropriate to take in Napolis family problems into account as a reason for his poor performance, since he comes from a typical Corporate Switzerland background. Thus, the strategy should be such that, the inputs from the top level management of India has to be revised and also deep considerations regarding the cultural, technological, economical and governmental elements of India and the target market of India. When the strategy is revised the top level management of Indian subsidiary should be allowed to take and make decisions on their own on several key issues. Napoli should focus only on high end regional decision making. In order to make Schindler India profitable, it is best to properly assess Napolis team and continuously recheck the sales strategy and explore the Indian market and culture more deeply looking into the mindset of people and activities prevailing and then reinforce his ideas. It is such that standard products and service will make the business progressive and even looking at Indias very basic elevator market currently prevailing is the key aspects that will make India branch profitable. UNILEVERS BUTTER BEATER: INNOVATION FOR GLOBAL DIVERSITY CASE SUMMARY BY DEVI SUDHAKARAN This is a case that shows the problems and difficulties country managers were faced with while beginning to start central direction on Pan European/International sales, positioning and product development. It showcases the rollout of Krona which is a new spread alternative. Also showing how this was a failed strategy to maintain a cross country product viewpoints and perceptions also cultural differences and the various biases of the different country managers of Unilever. It is seen that in the case Unilever was focusing completely on a centralized management style and wanted to increase their manufacturing abilities and capabilities, developing new product, economies of scale and even the leveraging of fixed investments in the brands. Local responsiveness was their core strength even while following a centralized management model. In the new organization, the country managers were made to bother about the variety in the tastes and preferences of different countries and also their needs were considered for making a completely new product which was the total opposite to their previous culture. When we look at the strategic rationale that was undertaken for the development of European Margarine, we see that they followed a basis of cost reduction method, there was a potential in the yellow fats category but using different approaches on national basis increased the cost for the development of new products.à [4]à It was seen that the transnational image was made stronger by the development of global brands which concentrated and created EU single market. They also leveraged high global expenses on brand investments. It was extremely difficult to develop a Pan European band with the different cultural diversity across the countries. There were immense problems between the country managers as they we greatly irritated by the various international strategies that have to be coordinated between the countries and also the loss of their autonomy all this resulted in a huge barrier for communication for the county managers. The country managers had to focus on the consumption habits of consumers across Europe and it was not possible to create one single approach as the consumer preference and selection of food and its types varied widely. For instance if we take a German consumer they are bothered on natural products, the environmental considerations and even of the safety of food. But on the other hand French were deeply into the traditional style of taste and enjoyed its pleasure. They also had problems of coordinating themselves as they wasted tremendous amount of time and money as various ICs (Innovation Centers) were spending time working on the very same products. There was also intense competition between the independent local subsidiaries which had their own methods and agendas for development regarding products. Another main issue was that the top-down process of innovation much slower at producing product ideas. There wasnt any financial budgets made for international products and the local managers were given full risk. In the very much declining yellow fat category the local manager required the market share and profit. Also the local managers wanted independence as they were change resistant and had a competition among themselves The underlying result after Krona being developed was very much below the bar, Krona became a huge success in Germany where it was made and developed because it was made only on the local likes and interest, but it failed miserably in the rest of the Europe. Another result in the company was a huge conflict of cultural problems and they also had to face the comments of developing products not according to the preference of consumers interest. Thus, the strategic decision should be such that its made to cater and satisfy the local needs and tastes, doing and performing like that of Coca Cola and McDonalds in China by means of presenting and offering the same nice product and making the consumers enjoy it tremendously, also make the top managers at Unilever such that they process and transfer their vision to the middle management and take away the fear of failing strategies. It is understood that many successful organizations are not ready for changes as it natural that changes alter and hamper their normal routines. Before making any crucial decisions its a must to understand the fact that proper steps and innovations must be taken to meet the national difference of people. FOREIGN INVESTMENT IN RUSSIA CHALLENGING THE BEAR CASE SUMMARY BY DEVI SUDHAKARAN The executive team of MLC Corporation was examining if it should continue to expand and increase its production and distribution into Russia, in May 2008. There was an increase in the Russian economy and there were three reasons that contributed for the same. Firstly, the increase of natural gas exporting to Europe. Secondly, the increase in the energy price which led to the tremendous growth of the energy sector resulting in widening of the economy. Mark Olexi who was the CEO of MLC had basically three alternatives in front of him. The first being, to further expand the plant export and also to continue the exporting because of its success in the past many years. The second one being, to strengthen Russias competition position abroad by building a manufacturing and distributing center. The third option was to wait and take time for both decisions because of the prevailing uncertainties and risk factors in Russian economic and financial aspects. The worldwide recession and the massive internal economic and financial crises were getting worse and it was doubtful if the Russian economy could withstand it or avoid it. Russia is undergoing a number of problems like a change in leadership as Vladimir Putin couldnt run as President for another term; it was also a doubtful and concerning issue of how the foreign companies in Russia would be operating depending on the attitude of Prime Minister Putin and the next successor President Dmitry Medvedev. Another problem being the energy price shooting up. Along with these, Russia and the U.S relationships were being deteriorated by George W. Bushs administration. Finally, the issue with regard to British and U.S financial system following the mortgage crises in 2007. Mark Olexi had to decide which alternative to select to generate maximum results. He could decide on either of the following four decisions: First, export from US, sell in Russiaà [5]à while doing this the company could incur huge costs with regard to transportation and hence its very expensive to do so, also the unclear and complicated regulations in Russia can make it difficult for the selling to take place hence the company might suffer losses, even the political situation in the country is not good enough. On a positive note, since the production process is already established MLC would benefit from 70% of income coming from Russia. Second strategy is to produce in Russia, sell in Russia-by doing this even though there is a high risk factor we could generate larger profits, while investing in Russia it is possible to concentrate on the excess demand for the moment or even try a partial investment in Russia to see the success and progress of it. MLC could also make tie ups wi th the government and enhance their relationships with the government and hence form a hybrid / joint venture. Since the oil prices would possibly rise as per the forecast in the case, the Russian government would definitely secure the currency value. The third strategy is to produce in Russia, sell elsewhere- by doing this the company would be certainly risking itself and spending time and immense money in first identifying the pros and cons of that third country to sell and studying the economic and political nature of the third country, also knowing the consumers well, even understanding the unforeseen causes or changes in the environment. The fourth strategy is to produce elsewhere (not US, Russia),sell to Russia- By doing this the company would invest in a country that is geographically close to Russia, here the company can think of investing in an emerging economy, and can save expenses to a limit as its geographically closer, even expect a somewhat same political and economic conditions as its close but will definitely mitigate the currency risk involved in investing in Russia also try to focus and then expand the client base and even keep Russia from being 80% of the revenue generator. It would be ideal for the company to produce and sell in Russia considering the points mentioned above. In the case it is seen that more than half of the revenue generated in the company is from a single client as it is definitely not a good way to continue a firm. The company could be always on the threat of losing that client. If that happens then the company would be under series losses. The company should find a way to generate revenue from more than one client and make it dispersed as possible.à [6]à Thus, from this case it teaches the various skills necessary to analyze the economic country data and even the political situation of country and use the various methods for assessing the prevailing risk factors in order to come up with a right decision. AIRASIA: FLYING LOW COST WITH HIGH HOPES CASE SUMMARY BY DEVI SUDHAKARAN This case talks about an airline company in Asia- AirAsia operating as an LCC (low cost carrier) how it came up in the market fighting between the increasing and rising flight operation costs and competition in the Asia-Pacific region . It is important to first understand what makes Asia an attractive market for LCC, its mainly because of rapidly urbanizing population who are being developed and are ready to travel and see various locations, fewer substitutes for air travel with regard to traveling long distances with low fares, low but rising incomes of the population, the deregulation taking place and even sometimes disruptive innovationà [7]à A disruptive innovation is an innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network (over a few years or decades), displacing an earlier technology.à [8]à Tony Fernandez who was a private entrepreneur captured AirAsia airlines from the Malaysian government when it was debt ridden in the year, December 2001. After a month, Tony Fernandez re-launched AirAsia airlines as South-East Asias first LCC (Low Cost Carrier). He was able to generate huge success and increased the profitability tremendously and even expanded its routes. What he did was, he kept immense low cost structure comparing to the competitors and offered the customers extremely low airfare of 40% -60 % less than competitors. He developed the ticketless travel thus being environment friendly and consuming less paper. AirAsia developed also had free seating arrangements. Customers were even attracted as frequent draws were conducted on board and this surprised the passengers. He also developed a tag line Now Everyone Can Fly which attracted the customers and which they considered motivating. A multilingual website was also created; this attracted leisure travelers and purchased air tickets through it which had promotions and offer for specific traveling periods. AirAsia started off with the Easy To Book, Easy To Pay Easy To Fly message and developed the telephone booking centre, sales offices, travel agents and also created tie-ups with several local banks and post offices. Mr. Fernandez conquered and became the first in many new services in t he operation and started a plan which was considered risky by other services; he extended the airline services which included many long- haul routes. AirAsia was even first to stat the booking with the help of cell phones using a simple SMS. This showed how innovative he was and even went down to the corporate bone. AirAsia was ranked as the best LCC in the Asia region in the year 2007. It encouraged many other LCCs in the Asia Pacific area to come up with such ideas and on the other hand threatened MAS Malaysian Airlines a full service operator which was a major competition at home. MAS didnt let go the competition from AirAsia and took stronger steps than AirAsia and started a sudden price war by offering to customers a zero fare for domestic travel and also for short-haul flights. They even built up a campaign Everyday Low Fare which even grabbed the attention of the customers by even immense advertisement warà [9]à and impressing potential passengers. CHABROS INTERNATIONAL GROUP: A WORLD OF WOOD CASE SUMMARY BY DEVI SUDHAKARAN This case shows how Chabros International Group a Lebanese multinational wood company confronting a huge decrease of its largest subsidiary sales after the global economic crisis in 2008. Antoine Chami who was the owner and president of Chabros International Group when reviewed the companys financial statements for the end of year 2009 saw that there was a thirty percent drop in the sales from Dubai. There was a growing lumber sales demand and Antoine Chami had invested $ 11 million to acquire and expand one of the saw mills in Serbia to meet this demand. This happened in 2007 a year before the global economic crises took place. There was high capacity for the production of lumber but with regard to selling, had low profitability. To overcome this problem Chami could either shut certain parts of the Serbia mill or boost Chabros International Groups sales to use up all the capacity available of the sawmill. If that happens, should it continue to increase sales where it was already operating like that of UAE, Saudi Arabia, Qatar, Oman, Egypt or should it try to expand to a new places like Algeria, Bahrain, Iran, Iraq, Jordan, Kuwait, Libya, Syria, Tunisia. He also would have doubts on Morocco, among other places, if it is the best country to expand for this activity? Also if it is the right time to start on such an expansion process FOREIGN DIRECT INVESTMENT IN THE MIDDLE EAST: RIYADH AND DUBAI CASE SUMMARY BY DEVI SUDHAKARAN This is a case that deals with finding out the various key drivers of investing in the Middle East especially in Riyadh and Dubai of Saudi Arabia and United Arab Emirates respectively by foreign rich countries like The United states of America, Japan and several European multinational and financial services and service providers. A considerable sample of foreign companies is interviewed to find out the main aspects in their decision process and what made them select the mode of operation and details about their business model. The case is in three sections, the first is about laws, regulations and requirements have changed considerably and that it has become more adapting to foreign investment in past years, this is performed with the help of several business environmental characteristic index and changes over time. The second part studies the exchange arrangements and framework for capital and financial transactions. The third section studies the various experiences of many multinational companies that have invested in the financial services sector of the Middle East.
Saturday, October 12, 2019
Diets :: essays research papers
Fish Sandwich. Small French Fries. 3 pcs. of Fudge. 12oz. Hi-C Punch. Daily (multi vitamin, B-complex, 1000m C, and Tyrosine). Big Mac (no sauce). Small Fri. Ravioli. 3 Strawberries. 12oz. Hi-C. 12oz. Orange juice. 6oz. Apple Juice. Dailies. 1 Banana. I Muffin. Chicken-Helper (2srv). Caesar Salad (Lg). Peeled Carrots. Cake (2pc). 44oz. Water. 12oz. Orange Juice. Dailies. 1 Banana. 4oz. Broiled Haddock.1 bowl Fish-Chowder. 10 Saltines. Peeled Carrots. 12oz. Orange Juice. 4oz. Apple Juice. 4oz. Coffee. 12oz. Water. 8oz. Cocoa. Dailies. 4oz. Red Rose Wine. 1 Banana. 1 Muffin. Sweet-N-Sour Chicken. Pork Fried Brown Rice. 1 Egg Roll. 12oz Orange juice. 24oz Water. Dailies. 1 bowl Raisin Bran. 1sl. Pepperoni Pizza. I bowl Fish-Chowder. 8oz. Yogurt. 6oz. Lite-Cheddar Cheese. 2doz. Ritz Crackers. 4oz. Orange Juice.12oz. De-Caff Pepsi. 24oz. Water. Dailies. 8oz. Yogurt. 2 bowl Chicken-Helper. 24oz. Water. 6oz. De-caf Pepsi. Popcorn. 3 Cookies. 8 oz. Gingerââ¬âAle. Dailies. 8oz De-caff Coffee. 8oz Orange Juice. 12oz. Water. 8oz. Apple Juice. 1/2doz. Strawberries 2oz. Lite-Cheddar Cheese & Wheat-Thins. 3sl. Pepperoni Pizza. Dailies. Use fat-free dressing. Avoid salt and fries, and get more fluids. Exercise/Activity low. Sick day. Exercise/Activity Low. (prescription for Amoxil). Cr/Country Skiing. (Insomnia). E/A Moderate. Lightly Active. E/A Low. More exercise. E/A Low. More exercise. E/A Moderate. 1.5 hrs. Ice Skating. Lightly Active. More exercise. E/A Low. More exercise. 29.5/190. 29.5/190. 29.5/187. 29.13/186. 29.13/186. 29.5/187. 29.5/187. 29.5/187. 15. 18.à à à à à 20. 15. 16. 20. 20 20 9hrs. 8hrs. 8hrs. 8hrs. 8hrs. 10hrs. 9hrs. 8hrs. 8oz. Orange Juice. 8oz. Yogurt. 4oz.Coffie. 12oz. Ginger Ale. 3sl. Pizza. 12 Strawberries. Dailies. 3 Waffles w/ Lite Syrup. 3oz Skim Milk. 2.68oz. Blueberry Oatmeal. 12oz. Orange Juice. 8oz. Sprite. 8 Fish Sticks. Tater Tots. 1 banana. Dailies. 3 eggs 1/4lb. Ham. Baked Beans. 2sl. Toast. 2 Hash browns. Double Cheeseburger.12oz. Diet-Decaf Pepsi. Potato Chips. Dailies. Steak & Egg on Bagel. 1 Hash brown. 8oz. Orange Juice. 24oz Coffee. 2 Meatballs. Ziti Pasta. Tomato Sauce. Salad W/Oil. 1 Donut. @pc. Chicken. Cole Slaw. Mashed Potatoes w/ Gravy. Cheeseburger. Potato Chips. 8oz. Coffee. 8oz Orange Juice. 24oz. Water. Dailies. 12oz. Orange Juice. 3oz. Haddock. Mashed Potatoes. Peeled Carrots. 8oz. Decaf Orange Soda. 2 Grilled Cheese Sandwiches. Dailies. 12oz. De-caf Orange Soda. 1 Frozen Pizza. Fish Sandwich. Small French Fries. 12oz. Hi-C Punch. 10oz. Broiled Haddock. 1 Baked Potato. Caesar Salad w/ Parmesan. 16oz. Water. 4 White Cherry Cordials. Dailies. 4oz. Coffee. Caesar Salad. 1 Cheese Bread-Stick. Egg and Cheese Sandwich. 1 Bwl. Product 19 Cereal. 16oz. Water. Dailies. Lightly Active. More exercise. More Water. E/A Low. More exercise. Insomnia. E/A Low. More exercise. More Water. Lightly Active. More exercise. More Water. Lightly Active. More exercise. Lightly Active. More exercise. More Water. E/A Low. More exercise. Lightly Active. More exercise. 29.13/186. 29.13/186. Out of Town. Out of Town. Out of Town. 29.5/187. 29/185. 29.5/187. 20 30 20 15 20 14 20 17 8hrs. 8hrs. 2hrs. 5hrs. 7hrs. 10hrs. 10hrs. 8hrs. 6oz. Tuna.
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