Wednesday, October 9, 2019
Sport in the USA and Canada Essay Example | Topics and Well Written Essays - 1000 words
Sport in the USA and Canada - Essay Example By doing this, and as well taking into consideration any and all other key and related issues, we will not only be able to gain a more informed and knowledgeable understanding on both countries in terms of sport overall, but as well we will be able to see the similarities and differences that are present in this regards. This is what will be dissertated in the following. In both the United States and Canada sports are looked upon as being of great significance and importance, however one of the most major points that should be pointed out to begin with here is the fact that different sports are looked upon as being more important in each country. While hockey is the predominant sport in Canada, football and basketball are the predominant sports in the United States. Sports are a national pastime in both countries, and as well, professional sports are a sizeable business venture in both cases. In fact, professional sports are one of the largest and most powerful business ventures of all in both cases, particularly so in the United States, where more sports are more largely predominant. ... e United States has fifty states and basically a team from each state, Canada tends to only have a few teams for each sport, and thus this obviously narrows down the influence of Canada in sport overall in comparison to the United States. When we look at particular sports, such as hockey and curling, we automatically think of Canada before the United States, while when we think of baseball and football we tend to think of the United States first, and there is a big question surrounding this - why The answer is quite simple, and it is that the sport simply suits the overall culture of each country; Canada has a consistently colder climate and so sports such as hockey and curling are able to be played for longer durations throughout the year, whereas in the United States, where there is mild weather for most of the year throughout most of the country, they are thus then able to play more fair weather sports, such as baseball, basketball and football, for instance. The role and importance of sport in the United States is incredible, and athletes are actually looked up to by a lot of people more than any other media figure, they are respected that much. In fact, the influence that these athletes have on the lives of today's male and female youth in particular has been analyzed in various different studies, one in particular which was co-authored by a professor and which was conducted by two undergraduate students at the United States Sports Academy. "Athletes at the middle school, high school and junior college level were asked to rate the importance of sports in their lives and the likelihood of advancement in athletics as well as careers in sports. The two survey researchers, their professor and a third undergraduate analyzed the results of the survey and how they
Tuesday, October 8, 2019
Operations Management Essay Example | Topics and Well Written Essays - 1500 words
Operations Management - Essay Example In this regard, process charts can be used at different levels depending on the details required and the stage of analysis. In all the representations of the process charts, there are common symbols that are used. The symbols were first developed and used by the American Society of Mechanical Engineers (ASME) (Institute of Management Services, 2011). The symbols are presented here below with their implications. This symbol represents an ongoing operation. It is the main step implying that a product or material is undergoing some modification This is a symbol for inspection. It signifies a check for quality of services or products in the process (Graham, 2008, p.1). This indicates the movements (transportation) of products or workers in the execution of a process (Graham, 2008, p.1). This represents storage whereby materials are received in the storage sections or issued from the storage houses (Graham, 2008, p.1). This shows a delay or temporary storage in the process. It can also re present equipment that has been put aside up to when it will be needed in the due course Process charts are significant as they indicate the actual situation at work rather than a theoretical perspective of the situation (Graham, 2008, p.4). The above symbols are used to present a process chart of the operations involved in a trip by an airplane from Gen Edward Lawrence Logan International Airport to some destination and back to the airport. The Logan international airport is the only international airport in Massachusetts and is served by over 40 international airlines (Maps of World, 2011). It involves an air trip from Logan International Airport to Amsterdam, Netherlands using KLM-Royal Dutch Airlines. The forth and back journeys take approximately 7 hours 15 minutes each without any stoppages. The activities involved in the entire process and their respective categories are presented in the chart. Time (hours) Chart Symbols Process description - N Booking of flights by the passe ngers .5 Arrival of the passengers at the Logan International Airport 1 ? Verification of the reservation by the travel attendants .5 ? Referring the passengers with incorrect information to the travel agency for verification ? Receiving and checking the baggage of the passengers ? Printing the receipts for the passengersââ¬â¢ baggage 1 ? Printing boarding card for all the passengers with or without a luggage ? Issuing the travel documents to the passengers .15 ? Checking the conditions of the aircraft - N Obtaining information on the weather conditions .5 ? Queuing of the passengers as they are checked-in and ushered into the aircraft in readiness for the departure - ? Departure from Logan International airport - On-board services like sales of snacks and other products or services offered by the travel agency 7.25 Air traffic control - ? Ground handling- Coordination with the attendants at the destination airport on the landing condition - ? Arrival at Amsterdam .5 ? Checking o ut of the passengers from the aircraft by the travel assistants .5 ? Verifications of the conditions of the passengersââ¬â¢ baggage using the baggage receipts 1 ? Verification (checking ââ¬âin) of the travel documents by the travel agency at Amsterdam airport - Passengerââ¬â¢s departure to their different destination .5 ? Arrival of the passengers in readiness for the return journey 1 ? Verification
Monday, October 7, 2019
Access to Essential Medicines Essay Example | Topics and Well Written Essays - 1750 words
Access to Essential Medicines - Essay Example From this discussion it is clear thatà Mexico manufactures almost all categories of the essential medicines need in the country, locally. There are a variety of essential medicines that are manufactured in Mexico, which also eventually find way to other countries such as the neighboring USA and Latin America, due to the low cost of such medicines in Mexico. The essential medicines manufactured locally include anesthetics, which represents the category of medicines that are essential for any healthcare facility, applied to suppress pain in patients, to enable the doctors perform other medical procedures such as injections.This paper outlines thatà the government plays a very pivotal role in providing access to essential medicines in Mexico. The Mexican government has established a very effective patent system, which creates a very favorable environment for the pharmaceuticals to launch new medicines in the country. The policy environment for pharmaceutical industry players has als o been made effective by the government, which enables the pharmaceutical industry to import the relevant equipment, raw materials and disposables, which them makes it efficient to provide essential medicines to the public health facilities, that are supplied by the government. The suitable policy environment has made it possible for Mexico to increase its export of pharmaceutical products to the USA by a massive 78%, from 1992 to 2002.
Sunday, October 6, 2019
Book exploration of Cooper, They Came to Japan Essay
Book exploration of Cooper, They Came to Japan - Essay Example The difference between the Japanese and the European social relations emanates from the strong traditional system structure of the Japanese culture, which contrasts with the volatile nature of the European culture. Thus, where the European ancient traditions can eventually be lost, the Japanese culture and traditions are never lost, but merely runs out of fashion (Cooper, 20). However, even when they are out of fashion, they still remain an important part of the social structure of the society, thus informing the subsequent transformations in the cultures and social structures, which draw their roosts from these traditional cultural systems. The Jesuit Christians were the most informed European group that visited and settled in Japan, since they landed in Japan earlier than the other Europeans (Cooper, 11). Thus, their observation and documentation of the Japanese social structure and social relations is more informative. Drawing from this Jesuit documentation of the Japanese social relations during the period 1543-1640, we are able to understand that the social system of the Japanese culture was built around five fundamental values, which were also shared with the Chinese value system (Cooper, 55). The social structure and the social classes in the traditional Japanese culture was not built purely based on the wealth and the material possessions of an individual, but on the respect and honor that the individual has earned, even in becoming wealthy and influential. In this respect, the merchants were not esteemed or regarded as members of the upper class of the society, owing to the fact that they were considered as a set of individuals that earned their wealth through unscrupulous means (Cooper, 56). Thus, the value system of the traditional Japanese culture during this era was firmly based on positive societal outlook and fulfillment of the fundamental social values that would then deliver
Saturday, October 5, 2019
Cultural differences in business life between Germany and USA Essay
Cultural differences in business life between Germany and USA - Essay Example In most situations, people do not realize how their own behavior is affected by culture. This is because of the closeness to it and the assumption that everyone is just like them. They expect others to do everything in a manner similar to their own. Communication refers to encoding and sending of a message with proper representation. Message can be verbal, written, non-verbal, and musical form. These various forms of representations have unspoken rules that can cause significant misinterpretations if not properly understood. An individual from a different culture with varied values and rules can cause danger to any encoding. This problem is intensified by the fact that a given message depends on the receiverââ¬â¢s perception and not what the presenter thought. Foster (1992) attest that in conducting daily operations in the business world, communication is considered an important factor. Therefore, when dealing with people of different culture in business, proper considerations should be put in place. These include proper understanding of diverse cultures and ability to handle the various challenges of language barriers. Hofstede (2001) said that most business deals do not mature because prior to interaction, one or both of the parties was not committed to learn cultures of the different individuals involved. To be successful in business life, every individual has to consider the following: proper understanding of different ways in which behavior and business impacts culture. Secondly, major cultural dimensions should be properly understood. Thirdly, individuals should be keen on their own culture and raise awareness about it. Fourthly, and individual should clearly know the different scenarios where their own culture preference can conflic t with that of other people. Fifth, key skills and competencies that boost international success should be identified. Finally, every individual should be sensitive of existing traps and ways to overcome them. 2.0 Cultural diversity In the 21st century, cultural diversity is common in most of the management topics. For proper management, effective communication needs to be in place (Hall, 1959). This requires proper understanding of different cultures of individuals involved. All forms of communication are directly impacted by culture. According to Hall and Hall (1990), individuals view their culture as normal. When they come across people from other different cultures, they are amazed by the unique behaviors. In order to have a clear understanding of diverse perspectives, it is important to have cross-cultural awareness (Hall, 1976; Harris and Robert, 2000). This way, an individual will be able to develop respect for other varied cultures hence suspension of judgment. This knowledg e will boost different business interaction in different situations and localities. It is also important for individuals to know that one approach will not be effective in all given circumstances. 3.0 Comparison of the cultural differences among the Americans and the Germans In business conversation, Hendon et al (1999) and Mattock (2003) revealed that Germans are known to emphasize on content and understates emotions and personal relationships. They respect honesty and openness and prefer using various examples. The fact that Germans give more details results from the detailed explanations
Friday, October 4, 2019
Rides Control Essay Example for Free
Rides Control Essay To establish a firm background for all these systems an efficient network had to be installed in order to ensure a fast and comprehensive method of linking all those users. The FDDI network on a token ring topology is used as our backbone (FDDI stands for Fibre-Distributed Data Interface) and this gives us the requirements we need for speed, distance and capacity. The nature of our business and the way the Park is spread over a large area, necessitates our using several methods of communication. E-mail is used increasingly: our current software is Microsoft exchange server 5. 5 and Outlook 98. It should help to cut down considerably on memos, forms, notice board information and bulky reports. This has the dual effect of saving paper, ink and printing costs and conserves environmental resources. E-mail address and website: www. thorpepark. co. uk. E-mail goes directly to The Tussauds Group Head Office, and via networks from there, to the other attractions in The Tussauds Group using an ISDN link (Integrated Services Digital Network). The main telephone switchboard is also ISDN. Voicemail is used to prevent unanswered calls, and an automated attendant kicks in on the rare occasion when our receptionists are unable to answer all the lines, and it automatically operates after office hours. Through a desktop interface we can monitor calls. This is an invaluable tool for analysis of calls, determining our busiest times of day and helping us to plan our casting resources accordingly. Some cast use mobile phones, particularly those whose work takes them away from the office. Nearly all our cast rely on radios to keep in touch with each other when they are spread about the Park which enables cast to be diverted to specific areas wherever and whenever necessary. Cast can relay information about queue lines on rides and alert security cast to any emergency situation. There are 8 channels all of which can contact, and be contacted by, the Control Room. If a Park-wide emergency situation should arise, cast in the control room can broadcast simultaneously to every radio holder in the Park. The main security system is CCTV (Closed Circuit Television) which uses infra red cameras throughout the Park, linked to 24 hour video recorders. Black and white and colour monitors in the Control Room can pan and zoom to any area. In this way cast response to a particular incident can be co-ordinated cast response to a particular problem. Our own security cast are on site 24 hours a day. In merchandising, sophisticated till systems are in use in all the shops and food outlets. EPOS (Electronic Point of Sale) is used for our products with barcode scanning facilities for the whole range of goods on sale. This is linked to the central stock control to monitor the movement of all our merchandise and food items from both our warehouses. This is essential for maintaining sell-by dates and to forecast sales accurately. EFTOS (Electronic Fund Transfer Point of Sale) is the system through which credit and switch cards are debited immediately and automatically through the national banking system. Any credit or switch cards used in the shops are attached to a polling machine. This is essentially a communications technique which determines when a terminal is ready to send data the banks own computer will check all its attached terminals on a regular basis. All of the ride attractions have computer control systems that are fed by mechanical levers and optical sensors. The rides, that are all mechanical, fall into three categories water, motor and track. The computer, through the use of optical sensors, detects the locking of safety bars and the speed and number of carriages passing. This information enables the operator to dictate how fast and how often the ride runs. Each ride has a very comprehensive range of fail-safe devices that are mechanical or electrical. There is video surveillance on each ride cameras are trained on the tracks and on the carriages. This helps us to detect any faults or potential problems. Software programmes are applications that are bought in from major manufacturers such as Microsoft, Oracle (database), Computer Associate (backup) and Network Associate (anti-virus). These can be specifically suited to a particular business function, such as Finance packages, which include wages and payroll systems, spreadsheets, etc. Other more sophisticated software, such as AutoCAD, may be necessary for our Engineers and the production team for our Entertainments Department. We primarily use Microsoft Office 97, which contains a comprehensive range of applications such as Word, Excel, Outlook, Access, PowerPoint. It is possible to customise our own databases for instance, we have one specifically written for our Guest Services Department, Charter 2000. This logs comments made by guests, produces a personalised reply, and collates information so that it can be reproduced in report form using a programme called Business Systems. It is currently used at Thorpe Park and Chessington with a planned introduction to the other Tussauds Group attractions in 2001. This information is confidential between the guest and the company. We are registered under the Data Protection Act to declare any information we may hold. The Tussauds Group Marketing Database on the other hand is common information shared by every attraction in the company. It helps us gather marketing information in order to improve our service. There is an electronic booking service for groups so that they can arrange their visit and tickets by phone, with a credit card. Individuals can make advanced bookings. This helps us to build up a profile of our guests and their requirements. The sales and admission system is called Omni Ticket Network. OTN have supplied all the hardware apart from the hard drives, VDU screens and key boards, which are standard hardware made by Compaq. The software used is called Overview. The Attractions General Database (AGD) has been designed by Syntegra, the Systems Integration Business of BT and is a component of the Sales and Admissions system. Its primary purpose is to provide a data repository for Sales, guests and admissions data and to provide tools to allow analysis of this imported data. A secondary function is to facilitate the exchange systems, and General Marketing Database (GMD), the external guest contact system. AGD configures all the information taken from Overview (information collected through Admissions on the tills each day) and turns it into reports for Finance and Marketing.
Thursday, October 3, 2019
The International Business Culture Business Essay
The International Business Culture Business Essay What is meant by the culture of a society, and why it is important for international managers to understand it. Do you notice cultural differences among your classmates. How do those differences affect the class environment or your group projects? Society mean by culture is a set of shared values, assumptions and beliefs that are learnt through membership in a group, and that influence the attitudes and behaviours of group members.à Culture is not innate it can be learned, and it may varies tremendously from society to society. We begin learning our culture from the moment were born, as the people who raise us encourage certain behaviours and teach their version of right and wrong. It is important for the international managers to understand it, to know how to respect towards one countrys culture. Once culture may not work well for the other country and can be interpreted as an insult. Thats why, it is really important to raise the awareness of cultural issues to the international managers to ensure efficiency and effectiveness. Some cultures are difficult to observe and measure; basically managers should be keen and knowledgeableà about it. Managers must develop cultural sensitivity to anticipate and accommodate behavioural differences in various societies. As part of that sensitivity, they must avoid parochialism-an attitude that assumes ones own management techniques are best in any situation or location and that other people should follow ones patterns of behaviour. The managers should know how to adjust and able to cope up with in a diverse cultural differences. Managers can use research results and personal observations to develop a character sketch, or cultural profile, of a country. This profile can help managers anticipate how to motivate people and coordinate work processes in a particular international context. And some cultures may put more emphasis on universal commitments while others put more weight on loyalty to particular people or relationships. Dealing with national culture differences requires not only knowledge adequate behaviours but also more importantly, an understanding of deeper level assumptions and values that explain why certain behaviours are more appropriate than others.à Time effort, reputation and even contracts can be lost to an international manager because of cultural ignorance. Yes I notice cultural differences among my classmates. It can affect group projects and as well class environments. It can affect the group projects in a positive and negative way. Negative: In any group activities we were not being able to express and communicate well. Theres a language barrier that hinders once idea or we cannot easily express what we feel. Different accents, different words having different meanings and connotation that somehow misinterpret. Some of us feel there is a Social Groups and Social Alienation inside the classroom, as each of us has a different culture towards beliefs values and common interests. We dont share similarities; some of my classmates feel isolated from the others. That somehow these dissimilarities create tension in the classroom discouraging them to be more aware and be tolerant to others. Positive: We allow ourselves to accept and adopt a culture. We gain different ideas and nurture these differences that each one of us has. These things can help us in the near future in dealing with various people who have a different culture.à We became knowledgeable in diverse language and culture. We students faced in a diverse classroom and we learn different cultures constantly. We became curious and may ask questions to classmates and we are encouraged to learn another language and culture. Question 2 Critically assess the types of operational conflicts that could occur in an international context because of differences in attitudes towards time, change, material factors, and individualism. Give examples to specific countries. Owners of a company and managing foreign stakeholders who has cultural differences may create managerial challenges. à Companys employing/recruiting people from other culture may arise in operational conflicts because of their differences.à Below are the examples to specific countries where operational conflicts occur in an international context: Time Timeliness in Appointments In US and most of the first world countries really value the time. Scheduled appointments are often treated like a general guideline and to some countries it should be strictly abide by. Failure to come on time may lead to conflict and misunderstanding. Some cultures are more time conscious than others. Punctuality really matters for European countries, as time for them is wealth.à In addition, whether you are in France or in China, your business partners will appreciate your efforts to make good impression if you arrived on time. But failure to do so may feel unlikely not interested or unwell prepared to attend the occasion and business meeting. In New Zealand, they are strict in the number of hours you can work, as they dont want to stress and let the employee feel that they are overworked. They provide certain amount of working time. Filipinos has the manana habit or attitude, instead doing a project/task as early before the deadline comes, they prefer to do it the day before the deadline or in a rush. The habit of saying/doing there will still tomorrow to finish a task.à Change Western Culture considers change as a positive business opportunity. Innovation comes to different type of business in Westernise countries. Business landscape for them is rapidly evolving, changing and transforming which used as a strategy to survive in a never ending changing business trends. Change for them is a good thing as this start of a new business opportunity, start of wealth and new product to market.à Meanwhile, Muslim culture is passive to change due to effect on the gender role and religious practice. They see that a man reflects a dominance of tough, values such as achievement, assertiveness, competition and material success. Religion is something to do with faith that changes are not applicable. That it was written in a book a long time ago and should be abided. In the Philippines or any countries, which Muslim resides, men provide food and work for the family. Muslim wives have nothing to do with it, men are over powered and overwhelmed that results to a conflict. à As well failing to acknowledge the status of Muslim within a business/work or to greet them without respect can leave a bad impression. Material Factors US are considered as materialistic culture. They tend to spend lots of money and invest on material products that sometimes affects to a certainà business opportunities. They are overwhelmed with the money that they have earned and spend it. Lifestyle is very different.à On the other hand, Asian culture valued their natural resources (air, sea, land) sometimes it was misused that result to a conflict.à They give value on natural environment and make new services or products with the natural sources they possess. Individualism Western Culture is highly individualistic like US, Sweden, UK and Germany. They are very confident, independent, have recognition of personal initiative and achievement. Conflicts that UK experience, that they maintain loose social structure, they cant control a person, they more likely to be aggressive and tend to have their own way. While Asian cultureà promotes cooperation and teamwork that sometimes they are very dependent to one another. Relying to each other to finish a certain task or project. In the Philippines, conflicts arise when people tend to pass their work and rely to the help of their subordinates or co-workers that results to delayed of a certain task. Without knowing the operational conflicts in an international context may result in some costly blunders in business marketing and management, it also can affect seriously the success of international business negotiations. Question 3 A.) Jo Barnes and Monsieur Hulot are both managers of Port Philip Pharmaceuticals are based in two different countries. Jo Barnes is an Australian International manager who oversees the operation in France under the management if Monsieur Hulot, a French national. Describe and Compare how each of these managers deals separately with the management issue that is affecting the operation ofà Port Philip Pharmaceuticals? Jo Barnes is an Austrailan International manager, shes educated, confident, independent woman. Jo Barnes belongs to a country of an individualistic culture,à culture that shows a relative preference for the individual in a contrast to the group. This social structure are characterised by independence, the importance of individuals rights and recognition of personal initiative and achievement. The first approach of Jo was very self-centred that it became obvious that any idea of her running the training programs in testing techniques and quality control was not likely to be well received.à Meanwhile, Monsieur Hulot is a French Manager, which has an element of specialisation, unity of command, and unity of direction, with a hierarchical line of authority, initiative, and esprit de corps. All of the characteristics describes a Collectivist culture, these culture clearly distinguish between in-groups and out groups and expected to subordinate their individual interests for the benefit of their in- groups.à Two countries with different culture, one has been overpowered by being independent and educated (Jo) and the other focused on the benefit of all his subordinates (M. Hulot). They were not able to deal immediately the issues but Jo Barnes was able to adjust to the French culture that makes M. à Hulot be proud of her. B.) One of the challenges of international business in different countries is the different forces of International environment that impacts the role of management of multinational organisations. Evaluate any of the international forces that have affected Port Philip Pharmaceuticals in their operation and its management in France? International force that affectsà Port Philip Pharmaceuticals in their operation and its management in France are the following: P3 in France are members of a collectivist, in whom they clearly distinguish between in groups and out groups and are expected to subordinate their individual interests for theà benefit of their in-groups like family and organisation. And value the overall good of loyalty to the group. They became dependent on each other, and trust everyone in their respective work that sometimes not well, as they rely on each other. With a relatively high power distance (uneven distribution of power). Hand in hand with a focus on individual rights and personal achievement. They are concern about their status differences and show proper respect to their superiors. This status difference exist within P3 may be based on age, social class or family role. P3 employees had high opinion for themselves and have professional knowledge. Power distance exists based on education and wealth too. P3 also possess high uncertainty avoidance, they prefer structure and predictability that results in explicit rules of behaviours and strict laws. They do not want changes. Not risk takers. They limit themselves into new ideas or innovation.à Language barrier was also became an international force to P3s management and operation. One of the hindrances that they encounter dealing that not most of them cannot speak English. Translations as well can have different meanings or connotations.à C.) A multinational company like Port Philip Pharmaceuticals deals with many constituents. Evaluate the management approach of Jo Barnes in dealing her constituents in Philippines and France. Jos management approach in the Philippines just worked very well. Filipinos were known to be hospitable. She doesnt find any hard time in dealing with them. As Filipinos knows how to respect and deal with different kinds of people. Filipinos with a high degree of Power Distance tends to accept and give importance of a cultures position (Australia) along a certain cultural dimension. They know how to accept and adopt once culture. Jo was taken out for a dinner in a wonderful restaurant, every day and night she was entertained, wined and dined. While during working hours Filipinos had listened respectfully to Jos suggestions for improvements. On the other hand, when shes in France her situation was different from the Philippines. Her first approach just failed as she tends to be an individualistic (independent, self-centred, personal initiative andà achievement) person, she was informed that her qualifications to be inadequate. As a result of this approach, the French chemists had high opinions of themselves and their professional knowledge was not prepared. It became obvious that any idea of her running training programs in testing techniques and quality control was not likely to be well received. On the next day, Jo remembered how Filipinos treated her. Jo adopted a new strategy. She made a little speech thanking M. Hulot for his courtesy in inviting her to visit the company and congratulated everybody on its fine reputation, back home on Brisbane, for the high quality of its products and the creative innovations it had made to the pharmaceutical industry. And compliment how proud she is to have French Connection.à Jo Barnes, knew already to adjust and adapt to the French Culture (new sense of respect and able to know French commitment to their areas of specialization) She was able to cope up with them. She was able to put smiles on their faces and was able to start her training with everyones listening. She set aside first her educational background, her status in Australia and her personal achievement. Instead she extends her hand to help French P3. She was able to impress everyone. She showed that she was part of the group (Collectivist) person. They have one objective and goal as a group. Thats the time brainstorm arose, with everybody contributing ideas.à Everything just went well. A solution to the problem had been found and she was confident it would be implemented without a delay.à Question 4 Today, international business people must think globally about production and sales opportunities. Many global managers will eventually find themselves living and working in cultures altogether different from their own. Many entrepreneurs will find themselves booking flights to places they had never heard of. What do you think companies can do now to prepare their managers for these new markets? What can entrepreneurs and small business with limited resource do? In order for the companies prepare their manager for the upcoming new markets. They should act global and should practice globalism. Creating a closer ties or bond to other countries by way of exchange of goods and services. Through globalisation managers may increase their interdependency and may bridge between two countries. It can also innovate ideas and can easily be implemented.à The company must start to train their managers by involving themselves in the movements of ideas, information images and people. Company should provide remuneration and rewards. Provides health and safety insurance. Treating employees as assets of the company. International managers should pay attention to trends in the global industry. Able to predict globally hot topics, products and services that the new market will be interested. Managers should develop niche expertise; their skills, knowledge and abilities should be nurtured and embraced through training. The international business environment influences how firms conduct their operations in both indirect and direct ways. Managers of globalization are causing the flows of trade, investment, and capital to grow andà become more entwined-often causing firms to search simultaneously for production bases and new markets.à Companies today must keep their finger on the pulse of the international business environment to see how it may affect their business activities Each national business environment is composed of unique cultural, political, legal, and economic characteristics that define business activity within that nations borders. This set of national characteristics can differ greatly from country to country. But, as nations open up and embrace globalization, their business environments are being transformed. Globalization can cause powerful synergies and enormous tensions to arise within and across various elements of a society. Company managers must be attentive to such degrees, adapting their products and practices as needed. International firm management is vastly different from managing a purely domestic business. Companies must abide by the rules in every market in which they choose to operate. Therefore, the context of international business management is defined by the characteristics of national business environments. Because of widely dispersed production and marketing activities today, firms commonly interact with people in distant locations within the international business environment. Finally, managers and their firms are compelled to be knowledgeable about the nations in which they operate because of the integrating power of globalization. Businesses should try to anticipate events and forces that can affect their operations by closely monitoring globalization, national business environments, and the international business environment Know how to market. The concept of personal branding that suggests individuals should think of them as a brand and market their skills.à For the entrepreneurs and small business with limited resources can do is to expand their business with new target market and customers that are not too costly. They would be able to identify their local and global potential markets. Able to determine their needs and desires. Not only discover the prospects want, but why and how they want it. It is crucial, but they should meet their wants and needs. International trade specialists can help small businesses locate and use federal, state, local, and private-sector programs. They are also an excellent source of market research, trade leads, financing, and trade events. The Trade and Development Agency also helps small and medium-sized firms obtain financing for international projects. Even if you have small business yet you think BIG that would be their competitive advantage. Making sure that their business takes the maximum advantage of those areas represent their strengths of small companies. Create a constant improvement and listen to the customers. Market driven. Listen. Act. Respond to customers needs. Maximise employee productivity. Question 5 What are the claims of those who say globalisation eliminates jobs, lower wages, and exploits workers? Some societies find globalisation as a dominating concept. That it may affect their lifestyle. A country has a complex cultural conditions such as they see exploiting people on the ground of race, gender or class, people will really try to get rid such society or country. People in a certain country feel they are being over powered with foreign workers. Just like in the views of developing countries, globalisation increase phobia of inequality. It eliminates jobs from local nationality; they somehow prioritise foreign workers because they were paid at a lower wages or labour fee. Or they have lots of job opportunities but then the wages were too low, claims are they see the potential of the foreign worker or a country that offers a cheap labour. Conflicts arise and instability.à A country can outsource cheap labour and sell it on their country in a higher price. Local manufacturers feel that they are dominated by imported products. Lots of subcontracting that reduces job opportunities.à Competition became higher and risky for local workers and labourers as international dominate their working environment.à They criticize the practice of sending good-paying manufacturing jobs abroad to developing countries where wages are a fraction of the cost for international firms. It is argued that a label reading Made in China translates to Not Made Here. Although critics admit that importing products from China (or another low-wage nation) lowers consumer prices for televisions, sporting goods, and so on, they say this is little consolation for workers who lose their jobs. When a manufacturing job is lost in a wealthy nation, the new job (assuming new work is found) pays less than the previous one. Some evidence does suggest that a displaced manufacturing worker, especially an older one, receives lower pay in a subsequent job. Those opposed to globalization say this decreases employee loyalty, employee morale, and job security. They say this causes people to fear globalization and any additional lowering of trade barriers. Because of these claims above mentioned, it may causeà issues like chauvinism, fundamentalism, and religion, ethnic and racial hatred in controversy. Question 6 A.) One strategy Yahoo! Could use to deal with the Chinese government is to allow its local joint venture partner, Beijing Founder Electronics, to deal with the government. What are the benefits and risks of doing so? The benefits of Beijing Founder Electronics (joint venture partner of Yahoo!) in dealing with Chinese government, it can produce mutual gains and clear distinction of operational freedom. It is legalise and recognised by the authority. The process of hiring and remuneration will be authenticated. There will be a secure patent and copyright protection supported by the government.à The risks/influences that the government implies to Beijing Founder Electronics: There will be levels of taxation and restrictions on profit repatriation. Have controls on risks limits and observance of professional standards. Some rules to be followed and should abide. There will be labour union rules to obey. Foreign firms should regulate it.à In such way there will be benefits and risks to consider in a local joint venture of two organizations. There might be an effect and impact but still its necessarily to address it in a legal way. B.) How does a strategic alliance differ from a joint venture? Explain the pluses and minuses of such alliances? Strategic alliance (called in a government perspective) is a form of collaboration between two or more companies that can take on many forms such as: Technology transfer, Purchasing and distribution agreements, Marketing and promotional collaboration and Joint product development While Joint Venture (called in a business man perspective) involves a potentially long term of investment of funds, facilities and resources by two or more companies to a combined venture which benefits all companies. All involved will have an equity stake in the new venture. It may be formed to: Run production facilities in another country, establish a marketing distribution presence, use complementary technologies held by each participant and Joint venture can also be used to get around country trade barriers.à Advantages or Pluses of these alliances: Forming a business relationship with a partner, or partners, may provide you with a number of advantages. You may be able to access technologies or patented processes owned by the other partner. You may be able to access their distribution network. Enable firms to share costs and risks of the research and development of new products and process. International alliances serve to avoid import barriers (Free flow of goods). Licensing requirements and other protection legislation. Disadvantage or Minuses of these alliances: Global alliances are usually slow in the making, but in a highly competitive they present a faster and less risky route of globalisation. It is not easy to negotiate and finalise an argument, but if both parties have approved the agreement everything will be fast. Problems and challenges that alliance may encounter:à Shared ownership (risks of shared assets), differences in national cultures (cultural differences; national and organisational culture), difficulties with integration of different structure and systems, distribution of power (may dominate one partner when it comes to process/ideas/outcome), competition within partners, conflicts between relative centres of decision and control. Disclose confidentiality of information, usage of patented technology or intellectual property rights, difficulty on collaborative efforts that lead to mistrust and secrecy. All the advantages and disadvantages mentioned above are inevitable in having alliances. Alliances may work and may not work well. So alliances, should consider their strengths and weaknesses. Ideal partnership takes advantage in their both core competencies that will strengthen weaker areas of a company business.à Question 7 A.) Evaluate the management strategy used by Brandon in order to finalise the deal of the Yokohama parts with Mr. Kumatsu and how it led to success or failure of the deal? The management strategy used by Brandon to finalise the deal of the Yokohama parts with newly appointed Japanese executive, Mr. Kumatsu was based on direct coordination which decision making is based on the merits of the individual situation. It should not treated that way as Japanese have a high uncertainty avoidance which pertains to dislike of any changes (resistance to change) and want the process in a prefer structure and predictable as Japanese company always look for a long-term goal. It also give least common approach that gives more pressure to Yokohama parts and able not to coordinate well. From the above mentioned strategy Brandon used, it led him to be unsuccessful with the deal. The complexity and interdependence of both parties decrease the needs to think parallel and drawn up to a contract. B.) Design an effective management strategy for Brandon to successfully achieve a good international dealing with their companys suppliers in Japan. For Brandon to successfully achieve a good intetrnational dealing with their company suppliers in Japan, the effective management strategy should be managing resistance to change. This strategy will change raises anxiety over fear of the following: Economic loss, basically Japanese company look after their economic status if the deal/opportunity is worthy to grab and if it will be beneficial to the company as well to the country. Inconvenience, they want to reduce the cause of trouble or problem. They more likely want to have an easy access. They want to be more convenient and efficiency. Uncertainty, basically Brandon must prove that theres no doubt in their business negotiations and be certain enough. Break in status-quo, Brandon must prove that it will be a breaking through deal, that he will have no fear in making it through a good negotiation and provide a quality service for Mr. Kumatsu. In using the above management strategy, it would be a successful deal as it leverages distinctive mix of orientations and strategies. It is global technological competence with unique product development. It also focuses on quality and leveraging of foreign distributor competencies. Brandon should also adapt to the demands of its new environment and culture as it remains the most effective way of maintaining a lasting competitive advantage. http://www.prenhall.com/behindthebook/0131746170/pdf/Deresky_CH03.pdf http://money.usnews.com/money/blogs/outside-voices-careers/2012/09/19/3-things-to-do-now-to-prepare-for-the-new-job-market http://catalogue.pearsoned.co.uk/assets/hip/gb/hip_gb_pearsonhighered/samplechapter/0273752634.pdf International Strategic Management (Strategic Formulation and Implementation) Hodgetts, Luthans and Doh, International Management: Culture, Strategy and Behaviour, 6th Edition (New York: McGraw-Hill Irwin, 2006)
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