Business strstegy Essay Example | Topics and Well Written Essays - 2000 words

Business strstegy - Essay Example In such changing environment, it is must for the organizations and the institutions to have enough flexibility and adaptability within the policies and procedures of such bodies so that the changing terms can be easily inculcated. Such flexibility and adaptability has become the key for the sustainable growth and development of the organizations and institutions. Forestry Commission was established in England in the year of 1919 through the passing of the Forestry Act. The prime reason of the establishment of such Commission was aimed at supplying the much required timbers that were in scarcity in those years because of the industrial revolution and the First World War. The government of England speculated another war in the near future and thought it was necessary to have proper supply of timber. The secondary reason of the formation of such Commission was to ensure employment in the rural economy because of the changed political equations and also to provide employment to the soldiers those have just returned from the war. Therefore, to serve so many of the objectives the Forestry Commission was formulated which till recently was under the control of the ex-army men and more importantly followed the organizational structure similar to that of the military. The structure was essentially a top-down one with much emphasis on the features like chain of command and order from the top. With the changing times, the role of the Forestry Commission also experienced paradigm shift. The department of the government that came in to existence for the purpose of timber production and rural employment was pressed by the government in the 70s and 80s to inculcate organizational efficiency like other departments of the government. The Forestry Commission also had certain internal conflicts. There was a clear difference among the organizational hierarchy resulting in ‘them’ and ‘us’. Those who were the field

MGT501 - Mgmt. and Org. Behavior session long project 3 (learning Essay

MGT501 - Mgmt. and Org. Behavior session long project 3 (learning styles.) - Essay Example This assessment took me by surprise and I must say it was a pleasant surprise. It’s good to know your own style of learning rather than assuming you are good in one style whereas that is not really your style. I think this assessment is a complete clear picture of me and my style and is clearly my actual style of learning. I do tend to be more productive when am verbal or social and also to a great extent Aural. These are definite strengths and will prove to be very helpful in a workplace or organization. The main reasons being, a) at a workplace training is mostly in groups rather than one on one, b) being verbal is helpful as it allows good expression of self and c) together they form a strong mix and allow for bettered performance. In any work place it is essential to be able to think in a logical manner and be able to grasp things in a group discussion. Hence I believe that the ability to learn in social as well as verbal manner is quite an effective combination and can be very useful in the work environment. Based on the results I do not think I need to improve myself in any area considering this completely in a managerial sense. I think the combination of being verbal and social will prove to make a dynamic combination in an organization. However to ensure that my overall competence is improved, I will work on learning all styles as this will be helpful to understand the others within the organization. I feel this tool is one of the best assessments for one and allows people to learn about their own learning styles in an effective manner. The assessment is to a great extent accurate and is very helpful when a person is unaware of their learning style. Also this allows the individuals to learn their lacking qualities and work on self improvement of these techniques and skills. Overall the assessment is very interesting, motivating and very

Globalization Is Not New A Phenomenon Economics Essay

Globalization Is Not New A Phenomenon Economics Essay Globalization is not new a phenomenon, for thousands of years people acting on their own and later corporations used to buy and sell products and services (trade) to each other on lands, shores and seas at great distances, great example is the famous Silk Road across Central Asia that connected China and Europe during the Middle Ages. Under the term of Globalization political scientists promote the process of interaction and integration amongst the people, companies and governments of different nations, a process which is driven by international trade and investment and aided through media and modern technologies. This process influences directly or indirectly the environment, culture, political system, economic development and prosperity of every human nation and every single person in the world. There are different types of Globalization or combination of these types. To understand better the purposes and procedures that took place in each circumstance, we have to analyze each type separately. Financial Globalization/Integration Financial Globalization is the process through which financial markets in an economy become more closely integrated (related) with those in other economies or those in the rest of the world through the financial flows. Types of integration Integration of the public sector based on borrowing. There are two types: the issuance of foreign currency debt, and the issuance of the local currency debt Integration based on foreign direct investment, which is direct investment into the production or business in one country by a company from another country Integration of the corporate sector where the investors buy or sell the stocks and bonds of other countries firm in domestic asset market The integration of the Banking sector through the interbank market, banks can borrow or lend temporarily Economic Globalization International economy improved due to the effect of globalization. Many countries remove their borders or create trade agreements in order to increase the inflow of trade as the consequence markets become more efficient, productive, competitive and cooperative. Examples of economic globalization are: NAFTA, EU and MNCs. Technological Globalization New and advanced technologies take part in making globalization possible, using airplanes, satellites, telephones, televisions and computers it is possible to transfer information from one place to another, with greater efficiency and effectiveness which characterizes the modern world. In this way not only technologies are being transferred, but at the same time people are able obtain information, knowledge and skills. Political Globalization Economical and cultural globalization has as a consequence countries to become more interconnected politically. Regular movement of people, money and information creates a lot of fortunes but also misfortunes, such as crime, for that reason in 2002 the International Criminal Court was established to fight those sorts of problems. Other political issues that have been discussed on global bases are that of global climate change, the terrorism, drug traffic etc. Cultural Globalization Today the ease of expansion of traditional customs has brought Globalization of cultures, where people from different parts of the world can get closer to each other much easier. The symbol of the cultural globalization is the well known American fast food chain McDonalds, it has more than 31,000 restaurants in 118 countries. Some menu products, such as the Big Mac, are the same all over the world. Other menu products may be specific to a particular region. McDonalds in Japan features a green-tea flavored milkshake. At McDonalds in Uruguay, a McHuevo is a burger topped with a fried egg. Globalization has brought McDonalds billions of customers-consumers worldwide. Other cultural trends that someone can find common in many countries are the music, clothes, film industries etc. Ecological Globalization Ecological Globalization refers to the collective impact that the diverse processes of Globalization have on the health of the natural systems. Due to Globalization people, money, ideas and pollution travel at high speeds and rates in every corner of the world. To address these issues, from Stockholm Declaration 1972-till date, lots of discussions have taken place of the needs and strategies for the protection of ecology and environment on a Global level. The UN Conferences from Stockholm proclaimed certain fundamental principles of international environmental law, such as Polluter Pays Principle, Precautionary Principle, Sustainable Development, Intergenerational Equity and responsibility, Common but differentiated responsibilities, Rights of individuals, equality of access to procedures and non-discrimination in environmental matters etc. These principles have been proclaimed after extensive investigations done by experts in their fields. Sociological Globalization The term social globalization refers to the impact of the globalization on the life and work of people, their families and their societies. Important issues like employment, working conditions, income and social protection are often raised and connected with this part of globalization. PRO ET CONTRA So far, we examined the types of global integrated nations, it means that every union (included two or more nations) may follow some of these specific patterns separately, or may include all the assortment of Globalizations types, it all depends on the contracts between the members. From now on, we will examine the advantages and disadvantages that union members enjoy during the process of Globalization. 2.1 Advantages Free Trade: is a way of easier exchange of goods and services. The basis of the trade agreement is the elimination of import and export borders, through the reduction of any levies, duties, taxes, subsidies and quotas. The absence or reduction of some or all of those factors, usually leads to a significant increase of exchange of goods and services between the member states. Another important benefit of the trade agreement is the concept of comparative advantage. According to David Ricardo countries increase their economic well-being if and only if they are specialized in the production of goods at which they are best at and after on exchange the surplus of production with other goods of other countries. Greater Competition: due to the ease of free entrance in any member state, there is a tendency for private organizations from any field to enter free market, of course the purpose behind such action is only to gain more profit, but the whole problem is that to be competitive, companies have to reduce their prices to gain more and new customers since the more companies enjoy being in the market the more competitive and effective they have to be, firstly to be able to stay in the market and make sells and secondly to be able to make profit out of the whole process. Free movement of labor: free movement of labor force gives an external support to huge industrial entities to reach a higher level of efficiency (at lesser costs), it is not a secret that the biggest industrial companies in developed countries employ many foreign workers who are members of less developed states. In this case both parts are in gain the makers maybe because of deficit of domestic force or may be because of unwillingness of domestic labor to perform the specific tasks and jobs. On the other hand, labor force from less developed countries because of lower quality of life and maybe very high rate of unemployment are more willing to perform heavy or dirty jobs to cover their basic needs. Both of these phenomena show how important the free movement of labor can be. Increased Economies of Scale: as noted before, free trade leads to a comparative advantage (any country specialized at a particular subject at which it is most efficient). It can be also added that the specialization in one sector can lead to a better working mechanism (human/machinery) and achieve as better efficiency as possible. The result of specialization and better mechanization normally reaches larger productivity with lower costs (economy of scale) because of more effective use of resources. Investments: One other very important advantage of globalization is the investment. So when we talk about investment from the financial point of view, we mean the process of placing money into something with the expectation of gaining profit after specific or none specific period of time. Some examples of investment may be some sort of foreign equity, property and fixed interest securities. Corporations invest a lot of money into developing countries for personal reasons and very often transfer their production power to those countries. These kinds of actions give a huge incentive to both of the parties to achieve more profit (tax). 2.2 Disadvantages As we said before, free trade offers some very good advantages but at the same time there is one very important disadvantage of domestic inefficiency. To be clearer nowadays it is very difficult to create and sustain any new organization, even domestically. Huge international corporations simply do not give a chance to any new firm to operate in their fields, they usually produce products and services at much lower prices and bigger ranges than any new firm is able to. Great example of the kind organization is Microsoft, at the present Microsoft is one of the biggest corporations which specializes in anything that has to do with electronics, computers, hardware, software, electronic games and so on. Generally speaking, in some sectors Microsoft has nearly monopolized the world market and its very difficult for any new and small corporation to survive in this kind of competition. Environmental costs: there is another big disadvantage of globalization, the increased use of non renewable resources. Due to better and easier ways of communication between states, there is a tendency for more and cheaper resources. Every year millions of tons of raw material (rock-oil, gas, coal) is excavated from the depths of the ground and introduced for global consumption while nobody can predict what will be the real cost that people will have to pay in near future for such practices. Also one other problem of globalization is that corporations which transfer their operations to places where environmental standards are less strict. For example, this kind of problem is very common in China where foreign manufacturers that produce and utilize, occasionally follow practices that harm not only the environment but also the health of their employees. Labor Drain: may be the most important problem for the developing and developed countries. As we said before, one of the benefits of globalization is the movement of labor force. Although at first side it may not affect directly if labor leaves one country and migrates to one another, but if think of it thoroughly someone can see that along this labor force may also be potential or future potential intellects that may alter the world as we know today. As an example, we can mention the U.S.A who spends large amounts of money to attract and keep the most talented scientists from all over the world, its no coincidence that they are the biggest military power and invest a lot of money in new technologies. Less Cultural Diversity: one other problem of globalization is the global centralization of culture based on western ideology from the very young age. Unfortunately this is the reality, people from generation to generation are moving away from their traditional culture. People tend to emulate the behavior, the lifestyle, the way of life of the western civilization. They grow up watching the Simpsons, eating in McDonalds, drinking Coca-Cola, wearing jeans and speaking in English. After few decades, most European citizens will be people with common values, behavior, moral and ideologies. CONCLUSIONS From all of the above it can be concluded that globalization can offer many positive trends but at the same time many negatives, in a way it represents the old saying of one coin with two completely different sides. It may promote economies to grow, produce products and services that may have never been available in some parts of the world before, but at the same time it may endorse human exploitation, inequality and environmental unconsciousness.

Hunchback of Notre Dame :: essays research papers

THE HUNCHBACK OF NOTRE DAME In Paris, under the reign of Louis XI, the annual Festival of Fools is underway. From atop the mighty Notre Dame cathedral, Quasimodo, a deformed hunchback who rings the bells, looks down on the crowd in contempt. Also in the crowd is Dom Claude, the kindly priest of Notre Dame, and his evil brother, Jehan. Clopin, a gypsy who has been crowned "King of the Beggars," calls for his adopted daughter Esmeralda to dance for the group. As Esmeralda passes by the window of Gudule, the old woman curses her, for years before her daughter had been stolen by gypsies. Esmeralda dances for the crowd, while high above in the palace of Louis XI, Phoebus, a young captain of the guard, admires the pretty girl, though he is betrothed to Fleur de Lis, the niece of Madame de Gondelaurier. That night, Jehan has Quasimodo abduct Esmeralda for him, but Phoebus is on patrol and thwarts the attempt. Phoebus takes Esmeralda out for a late supper and attempts to ensnare her with his charms. She is we aring a necklace given to her by her mother when she was a baby which she says protects her from all evil. Phoebus has a change of heart and decides not to force his attentions on the girl, though she appears to be willing. The Court of Miracles is the hideout for all the beggars of Paris, so named because here the blind see, and the lame walk. Gringoire, a harmless poet, has stumbled into the Court and is about to be hanged by the mob, but Esmeralda intercedes and he is released. Hereafter, Gringoire becomes her faithful servant. Quasimodo is tried for his attack on Esmeralda and is ordered to be lashed for an hour in the public square. He is beaten brutally and at the end of the time, he cries for water. Esmeralda, pitying the poor beast brings him a drink and Quasimodo is forever in her debt. Quasimodo also does not forget how Jehan betrayed him, and he hates him thereafter. Madame Gondelaurier gives a ball and Phoebus brings Esmeralda, dressed in the finest of clothes, and introduces her as a Princess of Egypt. Clopin has learned that Phoebus has taken Esmeralda as his plaything, and he breaks into the ball demanding her return. To prevent bloodshed, Esmeralda leaves with Clopin, broken hearted. Esmeralda has Gringoire bring a note to Phoebus asking him to meet her one last time at

MBIT: What is self-awareness? Essay

Self awareness represents an understanding of our personality or the self. It includes the understanding and discovery of one’s strengths, weaknesses, likes and dislikes. Others include understanding our attitudes, values and beliefs. Self-awareness denotes our consciousness and recognition of our self history (Smith, 2008). This means that we understand that we are the same person over time and that we can identify thoughts and actions that we ourselves do. Self awareness is directly related to our ability to communicate. Self awareness is actually developed during our communication with ourselves and others. It is during communication that we learn about what others think about us and what reactions and significance we are likely to cause during communication. The Barnlund’s model illustrates two types of communication: the intrapersonal and the interpersonal communication (Smith, 2005). Intrapersonal communication which is communication with one’s self helps to bring out our innermost qualities through our perceptions, evaluations, inferences, ideas, evaluations and memories. Interpersonal communication which refers to communication with others helps us to understand other people and at the same time discover our strengths and weaknesses. It is only through self-awareness that we can be able to communicate effectively. Self awareness is what enables us to be more strategic in our communication practices. According to Smith (2005), it is only when we understand ourselves that we can be able to gauge and control how we communicate. Understanding others is also essential in our communication and this can only be achieved if we understand ourselves first. For example, a person who does not have self awareness is likely to face challenges when communicating with other people because he is likely to misinterpret other people’s responses to his or her messages. If we do not interact with others and learn our strengths and weaknesses and the contradictions that exist between individuals we may not be able to change our communication behaviors to better express ourselves (Smith, 2005). I have come to realize that my personality may not always allow me to get along with everyone. I am ESFJ according to the MBIT personality tool. I am slightly expressed extravert, slightly expressed sensing, moderately expressed feeling and slightly expressed judging. Since I have more of an average personality, I would have difficulties dealing with aggressive personalities such as the ENTJs. ENTJs will tend to have difficulty seeing things from other people’s perspectives and more likely than not they get impatient whenever others do not see things their way. Better communication with such kind of people would call for proper understanding of their personality and then trying to solve any kind of misunderstanding by expressing my point of view to them. I am slightly expressed extravert which means that I draw energy from action. I prefer processing information through conversing and idleness or inactivity tends to lower my motivation. I am likely to work with introverts who may not be as energetic and who prefer to reflect before acting. I may find that I cannot easily communicate or brainstorm with these kind of people in order to come up with ideas. To deal with this, I would have to be more patient with these people’s personalities. It may mean giving my point of view and then giving them time to act on the idea before making a plausible solution. I tend to make decisions by empathizing with a situation, considering the people involved in the situation and taking a solution that brings greatest consensus. My feelings and personal values must be involved in making important decisions. At my work place, I may meet people who are Thinking (T) instead of feeling (F) as I am. These ones tend to make decisions based on what is reasonable and logical depending on the analysis of the situation. To better interact with these kinds of people, understanding of their personality is essential and sharing my ideas with them will make them understand me better. That way, we can effectively communicate and respect each others’ way of decision making. Word Count: 667 Reference Smith, T. R. (2005). MBIT: On the Path to Self Awareness. London: SAGE

Marketing Management Case Analysis Essay

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