Nickel and DImed argument paragraph

Barbara Ehrenreich sought to prove wages for low class workers are too low for them to provide for themselves or families. She also tried to prove low wage jobs require a lot of effort that was not worth the amount of money they received per hour. In my opinion, Barbara Ehrenreich proved her two points in her story Nickel and Dimed. She showed wages were too low to provide for themselves or families and she proved the amount of effort put into the job was not worth the money they received per hour, by attempting to work several different low wage jobs herself.Barbara Ehrenreich worked different low wage jobs during her story Nickel and Dimed. She tried living off of the money she acquired working the low wage jobs, but had an account of money for emergencies. She could not afford all together a place to live, food and other necessities she needed to provide for herself. Barbara Ehrenreich had to dip into her emergency fund more than one time to support herself. By having to dip into her emergency fund proves her point even more. Real low wage workers do not have money to fall back on.It is outrageous that the wages are not high enough to get basic necessities for one person, let alone two people or a family. She also was not the only one who could not provide for herself, in her first job at the restaurant there were several people who had to live in their car and find a place to live. This proves that wages per hour should increase because one person who works a low wage job can barely provide for themselves let alone a person trying to support for more than one person. Low wage jobs require a whole lot of effort for a little amount of money.She proves that low-wageworkers work as hard as they can to provide for themselves and are working so hard that they are injury prone. Injuries and pain caused by the workload of the low wage occupations. She says later in the book that she starts to take ibuprofen everyday for joint pain. â€Å"I start tossing back drugs tore-brand ibuprofen pills as if they were vitamin C, four before each shift, because an old mouse-related repetitive-stress injury in my upper back has come back to full-spasm strength, thanks to the tray carrying.†(p. 33)Another example would be her co-worker Holly: Holly broke her ankle on the job, but could not stop working because she had to provide for her family, she could not afford one day off from work. Barbara proves her point because low-wageworkers have to break their backs for wages that they can barely support themselves with. In conclusion Barbara Ehrenreich proved her point; wages for low-wageworkers were too low.She proved this by working low wage jobs, and exposing the struggles of having a low wage job. Struggles as in, not being able to support oneself let alone a small family. Also the work put into the low wage job was too intense, making the workers injury prone. She clearly proves the point that wages for low-wagworkers must be higher per hour in Ameri ca. People have to be able to support themselves or their families with a place to live, food and other necessities.

Powerade marketing Essay

SWOT ANALYSIS Strength: Widely Distributed Loyal Customers Drink Technology Helps Distinguish Powerade Athletic Endorsements Strong Brand Name – Powerade Weaknesses: Online Marketing and Presence of Powerade. Opportunities: Product and Market Expansion. Flavor and Drink Innovation. Threats: Potential price wars could hurt the athletic drink market. Powerade is in fierce competition with Gatorade. External analysis Competition analysis The main competitor of powerade is Gatorade. The combined market share of all Gatorade products is 84.7% of the sports drink market. These Gatorade products include traditional Gatorade, Gatorade Frost, Gatorade Fierce, Gatorade X Factor Gatorade All Star, Gatorade Ice, Gatorade Extreme, and Gatorade Endurance Formula. The combined sales for these Gatorade products were $2.1 billion for the 52 weeks ending June 12, 2005. In this time period Gatorade has seen a 0.1% increase in its market share. Gatorade has sponsorship deals with the National Football League National Basketball Association, Major League Baseball, Major League Soccer. It also has a long history, being the first sports drink on the market when it was introduced in1965. More recently Gatorade has extended their product line to include Propel Fitness Water, which competes with Powerade option.  Both Gatorade and Powerade come in a wide variety of flavors and the two brand share comparable in price. Also, both are primarily sold in plastic bottles, but also offer a powder form. See Appendix A for a side-by-side comparison of the nutritional features of Powerade and Gatorade. Other competitors of powerade include all sport, Protein Ice and various other sports drinks. These products only make up 1% of the market. Various bottled water brands pose competition to powerade Option. The bottled water industry was a $9.1 billion dollar industry (domestic) in 2004 – a substantially larger market than sports drinks. Client Analysis The sports drinks market has been expanding in recent years. Ten years ago, sports drinks were typically consumed by serious athletes and body builders. The target market now includes people ranging in age from their teenage years to the 40s who have an interest in sports. Note that these people do not necessarily play sports regularly. There are three common occasions for consumption of sports drinks: after sports activity, for breakfast, and â€Å"on-the-go.† As a result, companies are reducing their focus on sports in order to accommodate these consumption patterns Sports drinks are generally viewed as a masculine product. The male to female ratio of the market is 4 to 1. Clearly males are targeted over females in this market, but data show that females also purchase the product regularly. Objectives: In recent years, powerade has lost revenue. Not because of fierce competition against Gatorade in the sports drink industry, but against enhanced water products like Vitamin Water, Smartwater. So powerade would like to gain consumers focus by reinvigorating the brand and generating buzz. Strategy: Reach more customers by broadening its demographics from athletes to any active consumer. Tactic: Refreshing and contemporizing the brand by renaming and repackaging its drinks. So bottles are now featuring a bigger size with the name powerade appearing almost in fine print. And powerade is embarking the boat of enhanced beverages. Strategies and Positioning Introduction Powerade is an energetic drink made by the Coca-Cola company. Its market is focused mainly in the sport world, because of the energy and mineral salts that it gives to supply the expensed ones during the exercise. Powerade entered the market in 1992. A market dominated mainly by Gatorade because of the lack of competitors in the market. As it is well known Coca-cola and Pepsi are main competitors in their market; well Powerade anda Gatorade are their sport products respectively. Because of the lack of competitors in this market, and the total dominance of Gatorade, Coca-cola Co. Decided to enter de market although they were in clear disadvantage. The first year that Powerade was in the market, it made a good hit to Gatorade, at least 10% of the sales, and this was because Pepsi Co was seeing Gatorade as a drink to have at home, just a beberage. Powerade entered as a sports man drink, that’s why it commenced to fight in this market. With a new competitor in the market, well, the only competitor in the market at the moment, and it wasn ´t no other that the worst enemy o Pepsi Co. , Coca-cola, the companay decided to commence a battle in marketing that still today is having place in our markets. Innovations and New Products The Gatorade commenced its battle by projecting its product in every place relationed with the product, as gyms, football fields, etc. But it was Coke Co. The one who took the initiative in this place, by entering the market after convincing various figures of sport to promote Powerade. Pepsi got new ideas! It had to get to a wider market an no only as a healthy drink that moms could give to their children. It decided to enter more strongly in the sport market, then it launched a series of products to improve in the sport, like energy bars, more energetic drink, even a gel, that Olympic sportsmen use. Anyway it wasn’t new to Coke Co these strategies and they had new ways of enter this market and fight for the triumph too. Powerade also got energy bars, or drinks, and even gels, like Gatorade did, but Coke Co had a new product to fight the competence; Powerade zero, a drink with zero calories and zero sugars, made as a diet drink, so it entered no only the market of sport more deeply with this product; it also opened a great market to whit no fat drinks! And there are a lot of people that want to lose weight with few or no sport; this drink definitively would be perfect for those users. Gatorade counter attacked making publicity and saying that an energy drinks, needs calories to supply the ones that you burn during exercise. Coke co was ready for that, and they argued that what you really needed during sport was just a drink to supply the mineral salts that you need, and with a good flavors; they got the help of some science studies to support their argument, and it just made Powerade to gain more sales, and then steel them from Gatorade. But battle wasn’t won yet, and Powerade knows that. So they commenced a marketing campaign with famous basket and football stars to publicities its product, also they launched new flavors. And in a battle that it seems that everything its worthy, Coca Cola Co had just hired the ex-executive manager of science and sports of Gatorade. Obviously a great heat to Pepsi Co and even more if Coke co hired him in the R+D department, what would make a great amount of sales for Powerade and lot less for Gatorade. And the impact was visible early. In 2010 Powerade’s sales raised to a 32% of the market in the third trimester, having in account that in 1990 the drink was launched at it got less than a 10%. Great hit to Gatorade, but it was owning the market yet. With more than 60% of the sales Gatorade is clearly the leader, but more and more, year by  year, Powerade gets more buyers than Gatorade. Conclusion Coca-Cola co entered a market where it has clear disadvantage, sport world drinks, with Powerade, and they had no more than a 10% of the sales in the market that was clearly governed by Coke’s main rival; Pepsi Co and its Gatorade with at least 80% of the sales in the market of energy drinks. But Powerade had a great future and they where ready to open at. After Powerade got the dominium of some great and famous athletes both competitors began a marketing battle by promoting their products in sport places. And Gatorade seeing the danger of this new competitor soon opened more strategies like new products. But Powerade strategies weren’t over yet and they launched new products to the market and opened a making it wider like the same products of even a diet drink. It is obvious that both companies have great marketing strategies, but in my opinion Powerade has the lead in that way, because year by year they are getting more sales and users from Gatorade. Not going too far, I began consuming Gatorade, but now a days when I do some sport, I use Powerade. Its benefits feel better than Gatorade ones. Product Powerade is an isotonic beverage/sports drink manufactured by â€Å"The Coca-Cola Company†; it was first introduced to the market in the year 1988 and later released nationally on the United States on the year 1992. Powerade’s primary competitor is Gatorade, which is manufactured by PepsiCo’s (Coca-Cola’s main competitor). By June 2007, Powerade reached a 13.4% of the market in its category, Gatorade being the leader of the market with an 84.2%. Ingredients Powerade is composed by water, high fructose corn syrup, salt, potassium citrate, phenylalanine, sucralose, sodium citrate, malic acid, potassium phosphate, vitamin B6, and vitamin B2. Flavors This product stands out by the numerous types of flavors it offers; currently there are eight types of flavors: Orange, Mountain Berry Blast (originally Mountain Blast), Fruit Punch, Grape, Lemon Lime, Sour Melon (originally Green Squall), White Cherry (originally Arctic Shatter), and Strawberry Lemonade. Apart from this, there are six flavors of Powerade zero, the zero calorie version of the product, this are: Mixed Berry, Grape, Lemon Lime, Orange, Fruit Punch and Strawberry. Sponsorship Powerade is the official sports drink of teams like Wallabies, New Zealand’s All Blacks, River Plate from Argentina, the Australian Football League, O’Higgins F.C, Argentina’s national football team, Mexico’s national football team, the PGA Tour, Nascar, and the United States Olympic team. Apart from this, Rogelio Funes Mori from River Plate, Lebron James from the Miami Heat, and Wayne Rooney from Manchester United, are the three main sportsman sponsored by Powerade. Product life cycle The Product life cycle consist of four stages starting from introduction stage, growth stage, maturity stage and decline stage. At the introduction stage, the product is not popular and can’t really make a lot of profit. Its marketing cost may be high in order to test a market and set up a distribution channel. At the growth stage, the product start making a profit, the sales increase rapidly with some cost on marketing especially brand building. Competitors enter the market, often in large number depending on how attractive the market is. When a profit starts to decline, it’s the sign of ‘Maturity stage’. Powerade was originally elaborated for athletes. Originally it had to be reformulated because of its bad taste and because of ingredients problems. The new formula offered better nutritional values, and this led to Powerade being consumed as a common drink. Because of this, in its growth stage Powerade started releasing different types of drinks for athletes, with the objective of hydrating them. Powerade has tried to create more new products  than Gatorade and the other competition, but this task is not easy since Gatorade products are more demanded. As sales decline, the firm has several options like maintaining the product, possibly rejuvenating it by adding new features and finding new uses; harvest the product reduce costs and continue to offer it, possibly to a loyal niche segment, or discontinuing the product. In Powerade’s case, it will continue offering its products, with the confident of continue growing and not to decline, and also changing features, like a new bottle which projects a new and fresh image. Brand equity As a Performance Partner of the ‘All Blacks’, Powerade has recorded some exceptional scores of late, having seen volume sales of its 750ml bottles grow by 22.9% in supermarkets across New Zealand since 2009, confirming its status as the countries number one selling sports drink. Ahead of the launch of its latest campaign, the challenge therefore facing Powerade was to grow its brand further than the 80% market share that it currently already occupies. Equipped with the insight that Powerade was only being drunk on game days by consumers in New Zealand, the brand wanted to become an integral part of daily training routines, and utilized its sponsorship of the Rugby team to achieve this through the launch of a multi-touch point campaign launched in late June that aimed to heighten anticipation ahead of the Rugby World Cup in September. This was Powerade’s ‘Black’, which hit the supermarkets across New Zealand creating impact and patriotism among fans in what was a crucial year in the history of the nation from a Rugby perspective. Adding weight to the campaign was the launch of a TVC, ‘Train Like You’re In The Game’, that highlighted how the hard work on the training ground is replicated in a match situation, creating a direct link between high performance and the abilities of Powerade to facilitate this by hydrating the body. Online activation saw the launch of a Powerade New Zealand Facebook page, where training tips and behind the scenes footage of the New Zealand Rugby team could be accessed, providing an insight into the lives of elite athletes by posing the question to members of the New Zealand Rugby Team, â€Å"what makes an ‘All Black’?† The Powerade NZ website took this idea to a new level, featuring tips and advice from NZ Rugby strength and conditioning coach, Dr. Nic Gill, and provided a ‘hydration calculator’ tool that aggregated the amount of fluid lost from the body through sweat during exercise. In addition, various training drills were shared by Dr. Gill targeted at improving endurance, speed, performance and strength whilst details of the ‘Powerade Challenge’ were also provided. In order for consumers to test their fitness levels against those of the All Blacks players, Powerade also launched the ‘Powerade Challenge’ in July, creating a running course located on the Auckland waterfront integrated with RFID technology so that runners could track their times. Participants could register online to receive their free personalized Radio Frequency Identification (RFID) bracelet, which could be activated by placing it on unique Powerade vending machines located a various distances around the running route. All results were uploaded to the brand’s website. The integrated push from Powerade highlights the desire of the brand to cement its status as the number one selling sports drink in New Zealand, building equity in the process and showcasing its innovative technologies during the Rugby World Cup, a time where the sport (already massive in the country) is at the forefront of consumers minds. PRICE In order to talk about the Price, inside the Marketing Mix of POWERADE. To introduce this part of the presentation, what we can say is that ‘Price’ as one of the elements that gives a real benefit to the company, needs to be studied, in order to know why companies put a determined price to the product. And, as we are going to see now, the price will vary, depending on the country it’s sold and the GDP of the country. AMERICA In the table above what we can see are the values of the POWERADE and GATORADE (its major competitor in the whole market of the energetic beverages) North America: In Canada, price of Powerade is less than Gatorade, as it is usual due to Powerade (normally) sells its product at a lower price than its major competitor (Gatorade). In the USA, price of Powerade acts in the same way than Canada, lower price than Gatorade. In this case the GDP of Canada and USA is not a great factor, in order to evaluate the price the product. Central America: In Mexico, price of Powerade is much lower than in North America, but is a little greater in comparison with Gatorade. Here we can appreciate, that the GDP of Mexico is less, so price of both products is lower. South America: In Brazil, we can see that price of Powerade is quite bigger than in the USA, even with a lower GDP, in this case, the main reason could be that, Powerade demand is not so big, in order to decrease the price, or another reason, could be that, Gatorade has a greater Market Share. So, it could explain why the difference between both products is relatively big. In Argentina, we can see a greater difference between both products, and here, is clear that marketing strategy of Powerade, which is ‘to offer same product, but a lower price’, is done. Other thing that we can see about price, if we compare it with USA, it’s clear that Powerade is more expensive. EUROPE POWERADE (500 ML) $ POWERADE $ GATORADE $GDP EUROPE UK 1,33 1,42 35.500 FRANCE 2,08 2,51 34.569 GERMANY 1,58 1,83 37.900 ITALY 1,64 2,34 31.264 SPAIN 1,22 1,41 31.500 Studying the price of Powerade in Europe, we can say that: the variety of prices doesn’t vary between countries. The main reason could be that European countries analyzed are inside the European Union, and the difference of prices doesn’t vary between them. Only remark France, where the prices of Powerade (and Gatorade) are quite bigger than the rest, even comparing them with Germany, where the GDP is higher. ASIA POWERADE (500 ML) $ POWERADE $ GATORADE $GDP ASIA CHINA 1,26 1,6 8400 JAPAN 2,81 3,25 35280 SOUTH KOREA 1,26 1,89 33100 In the box above, we can appreciate that in Asia, the variation of GDP is very high, and wide, due to the wealth of the nations studied. The main thing remarkable is that in Japan, the price of Powerade is quite high than in China or South Korea, the main reason, it’s because the wealth of Japan is high than the rest of the Asian countries. AFRICA POWERADE (500 ML) $ POWERADE $ GATORADE $GDP AFRICA MOROCCO 0,9 1,145 5252 EGYPT 0,95 1,12 6180 SOUTH AFRICA 1,093 1,35 10890 Here in Africa, what we can appreciate is that the prices of Powerade (and Gatorade) don’t vary with other developed countries. One thing remarkable is that Powerade costs more in South Africa than Morocco or Egypt, maybe because the GDP of this country is higher than the others compared. OCEANIA POWERADE (500 ML) $ POWERADE $ GATORADE $GDP OCEANIA AUSTRALIA 2,25 2,79 40820 NEW ZEALAND 3,56 2,76 29535 Analyzing the prices in Oceania, we can appreciate that there is a big difference between the prices of this continent and the rest of the world. Bottles of 500 ml, of Powerade, are more expensive than in other countries outside Australia or New Zealand. One reason could be because of the distance between this countries and Asia,  so, the production cost could be higher. Other reason could be because of the GDP, if we see, its high comparing it with the media of GDP, and between Australia and New Zealand the difference is clearly defined. In New Zealand is much more expensive to buy a bottle of Powerade than in Australia. BUT, if you buy a bottle of Gatorade is cheaper than a bottle of Powerade, this could because the demand of Gatorade is higher than Powerade, so the company decided to reduce its price, in order to maintain the consumption. Natural disasters in Australia Natural disasters are events that occur naturally such as earthquakes, cyclones, Storms, and floods. These kinds of disasters can cause significant physical damage, interruption of business services and personal injury/loss of life. Due to the effects of global warming and consequential climate change the rate of natural disasters in Australia is increasing day by day. I myself have faced such kind of natural disaster in Pakistan in the year 2012 which was a flood. So I can relate and describe how painful and how bad economically these disasters can be; destroying each and everything coming in its way. There are two types of economic impacts due to natural disasters: 1. Direct Economic impact. This includes lifelines such as water, sanitation system, gas, electricity, telecommunication and transportation which are vulnerable to all types of natural disasters which are included in public infrastructure and community facilities. Other than this business enterprise, households & residents are also part of direct impact. 2. Indirect economic impact. Indirect economic impact includes disruption and clean up. These impacts are incurred due to consequence of the disaster. Australia has always been facing these kinds of disasters which made a huge loss for Australia and a lot of time and money was spent to bring Australia back in its kind of original form. If we go through the history of Australia  we can read that from the year 1967 till 1999 there have been 265 such disasters costing more than $10 million dollars each. The total cost of most disasters is ranging from $10 to $50 million which is a huge amount. Among the entire disasters, floods were most common and most costly. Floods have always been on number one causing destruction on a high level, contributing $10.4 billion or 29 percent to the total cost followed by Storms and Cyclones making 26 and 24 percent of the total cost. The bushfire crisis in Victoria is Australia’s worst-ever bushfire disaster. It’s also Australia’s worst natural disaster in 110 years which so far has claimed 131 lives. If we analyze the currently available data then we come up with a statement that total cost of natural disasters in Australia between the years 1967 and 1999 is approximately $36.4 billion, which is easy to say and hard to believe. If we integrate deaths and injuries into this data then the total cost increases to $37.8 billion or approximately $85 per person compared to prices in 1999. This estimation brings to an average annual total cost of natural disasters to $1.14 billion since 1967 or $1.17 since 1980 and $1.51 billion prices are subjected to year 1999. An organization called â€Å"The Natural disaster Relief and Recover Arrangements (NDRRA) is an organization that provides Commonwealth and States which share costs in rebuilding the assets of states that are damaged by the natural disaster. By which the states are able to get a little part of the total cost from the Common wealth used in reconstructing state government assets. Every state in Australia has some self-insurance or some form of managed fund which helps in insuring states assets. It is recommended by many that the formula used under â€Å"The Natural Disaster Relief and Recovery Arrangements† should be changed to expenditure method before the State or Territory gets any insurance recovery. Natural disasters cause so much heavy burden on the economy of Australia that at some stage it becomes so hard for the government to deal with the outcomes of that disaster. There are many ways which can help the government getting over these disasters and make plans or organizations which can work  on these disasters as these disasters are unavoidable part of Australia. Nothing much can be done besides what has always done on such events. Below are some ways that can help. Low interest concessional loans should be given on large scale by the government to companies. Series of loan repayment should be increased to as maximum as possible. Flood premium discount should be given for existing homes but not for new homes. Every year some part of the Gross Domestic Product should be saved a side. Emergency relief assistance and emergency re-establishment assistance should be increased. Provide a carrier that has good reputation in claiming service. 1. Neil Gentle, Sharyn Kierce, Alistair Nitz, 2001 â€Å"Economic cost of natural disaster in Australia† Retrieved from â€Å"https://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CDAQFjAA&url=http%3A%2F%2Fwww.em.gov.au%2FDocuments%2FEconomic_costs_of_natural_disasters_in_Australia.pdf&ei=XO17UdX2FcaiigeT1oCYCQ&usg=AFQjCNE89LiWzBdi_zr3hvixQdXzkLYLBA&sig2=bVIuhvxRuq8ZUmgV1h7sYg&bvm=bv.45645796,d.dGI† on 18th April 2013. 2. Emergency Management Australia, 2002 â€Å"Economic and Financial aspects of Disaster Recovery† Retrieved from https://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDUQFjAB&url=http%3A%2F%2Fwww.em.gov.au%2FDocuments%2FManual28-EconomicandFinancialAspectsofDisasterRecovery.pdf&ei=XO17UdX2FcaiigeT1oCYCQ&usg=AFQjCNGgKyl9WZm6lEw4LUhncbrFlzf7zA&sig2=4zfhYHeYKdlqn4qrM5cFaA&bvm=bv.45645796,d.dGI on April 19, 2013. 3. Bureau of Transport Economics Report 103, 2001 â€Å"Economic costs of natural disasters in Australia† Retrieved from http://www.bitre.gov.au/publications/2001/files/report_103.pdf on April 21, 2013. 4. John Trowbridge, Jim Minto, John Berrill, September 2001 â€Å"Natural disaster insurance review,†

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Race, Politics, and Reconstruction, 1865-1875 - Assignment Example Thompson worked at the radical end of the party. He was against the conservative compromises involved. He wanted the national government to reject it because it was coated with ethnicity and discrimination. Ruby was the first Black to be chosen into the state council. This became possible only because fewer Whites contested in the elections than Blacks. George ensured all races were treated with equivalence. He advocated for the fortification of civil constitutional rights of the Blacks. As the president of Texas Colored Labor Convention, he was able to assemble Republican electors in Texas. George built a foundation for black power and governances in Galveston. He cleverly advocated for their civil and party-political civil liberties. He worked cautiously with the hostile White politicians. This way, he opened more occasions for the Blacks through â€Å"compromise† politics. In the post-civil war period, Thompson had significant political power (Rabinowitz 265). He had to ensure he gratified both his goals and that of the wider social order. Through his political dispositions, Ruby compromised to ensure that his race was at least prosperous. In his efforts to safeguard the welfares of the Blacks, Ruby made some compromises in the aim of satiating later goals. In 1874, the Democrats efficaciously reclaimed power. He did not seek re-election because the Whites were prevalent in the assembly. The White politicians exhaled hostility, and Ruby had to tread carefully to guarantee his interest, and that of the Black community received the preferred

Merger and Acquisition of Ford Motor Company Essay

Merger and Acquisition of Ford Motor Company - Essay Example Mergers can take place only when there are healthy relations between both companies. Mergers also depend on the percentage of shares acquired from the firm. If the company to be acquired has good standing in the market, high share value and high points in the share market then we can say that a company is worth to be acquired or suitable for acquisition. Merger or acquisition sure has its impact on the employees and shareholders who are the unforeseen assets of the company. It is well known that any merger will have its pro's and cons. Some mergers happen for profit and some not to incur losses. Employees may or may not be benefited by the merger. The new mangemen6t may not provide all the facilities, unlike the earlier owner. The new company will definitely try to curb miscellaneous expenses and cut management costs. In order to cut costs, they may reduce the number of employees working per department. After merger employees may be asked to change their shift timings, move from one department to another etc. employees need to co-operate with the new management. Ford Motor company one of the oldest car manufacturing companies, if intending to acquire an ancillary unit or a vendor's factory, any company will be more than glad because of the whopping amounts on the deal. Ford has the best facilities to offer to its employees.  Ã‚  

Digital Technology and Customer Relationship Essay

Digital Technology and Customer Relationship - Essay Example C.Laudon and P.Laudon (2006) believed that well-designed CRM systems can improve sales and customer service. Thompson and Cats-Baril argued, "Customer relationship management systems typically offer software and online tools for sales, customer service and marketing." (Thompson, 2003, 121-130) CRM systems provide sales prospect and contact information, product information, product configuration, and sales quote generation capabilities. In B&N Company, CRM software enables customer and prospect information to be shared easily among sales, marketing, and delivery department. It can increase sales department's efficiency in reducing the cost per sale as well as the cost of acquiring new customers and retaining old ones. (Harrington, 1991) CRM software also has capabilities for sales forecasting, territory management. Customer service modules in CRM systems offer tools and information to create call centres, help desk service, and customer support personnel more proficient. CRM systems have capabilities for assigning and managing customer service requests. In the early 1990s, the idea of 500 TV channels had been embraced by the nation's leading media, computing, and telecommunications conglomerates. Now--after the mid-1990s--the nation's leading microprocessor manufacturer was ridiculing the old capacity and pioneering the way toward half a million marketing channels. Hollywood and Silicon Valley may have loved Grove's statements, but in Madison Avenue, they triggered fear and loathing. Media planners, in particular, felt distraught. Deregulation, cable revolution, and alternative media options had already shattered the old and cozy status quo. As the "big three" networks lost control of the prime time audience, promotions were invading ad volumes and brand loyalty was rapidly becoming a remnant of history. (Negroponte, 1995) Interactive television threatened to re-fragment the already fragmented markets. And now Silicon Valley was dreaming of 500,000 channels That did not mean a simple channel multiplication any longer; instead, it meant far more--a revolution in the entire channel infrastructure and the ensuing demise of all conventional industry wisdom. Digital Marketing Communications Since the mid- 1980s, the global markets have been swept by the emergence of digital marketing communications. In the past, mass marketers conceived of, organized and implemented the marketing paradigm, which originated from the consumer markets. Toward the end of the 20th century, marketers were conceptualizing and launching a new marketing paradigm. It evolved in business-to-business markets. (Brockman, 1996) If Procter & Gamble heralded the era of mass marketing, Federal Express seemed to anticipate the new one of digital marketing communications. In the long term, these systems would also proliferate in the consumer markets. (Robert, 1997) The new environment puzzled even the hard-nosed veterans. Industry wisdom had become a competitive disadvantage. Old rules no longer worked. As technology companies, they were familiar with software; as media

Examine the relationship between content and form in any of the texts, Essay

Examine the relationship between content and form in any of the texts, photographs, or portfolios in the section - Essay Example The individual insight with a subjective value is inevitable. For instance, on the first photo we may observe people against the background of Leaning Tower of Pisa. They make a picture of memorable moment in their life and stay in famous position showing a person who preserves a Tower. For some people it is just a tourist who made a funny picture, for others it is a close friend who visits a historical place of interest. As for the person who is in the photo is it some other connotation with a special meaning. The second photo represents the tourist group in front of the Temple of Athena. Still, the foreground of the picture involves a person who makes the photo of this people. It may be the tourist from this group, or a guide of the excursion or even a random tripper with no relation to this exact group. A man is a form while the variety of contents is different to any possible viewer. The second important thing is the origin and types of occurred meanings that appear in the process of perception and interpretation of creation. The question of origin is coherent and logical. It depends from the observer and predetermines by his/her social, cultural, intellectual and other competencies (Durant and Fabb, 142). What is more, every person attains individual perception that is fully subjective. It is clear that people who visit historical places what are in the pictures will acquire rather sundry connotations than those who dream to make a vacation in these places. As for the types of meaning it is rather controversial. Recent research investigations divide this huge variety of connotations on two basic kinds. Peirce identifies coded and non-coded relationships between form and content (Durant and Fabb, 142). Still, these types may mix, and one connotation may contract both types or interchange it according to some

Crime Rates Research Paper Example | Topics and Well Written Essays - 3000 words

Crime Rates - Research Paper Example An in-depth analysis of counties in Texas that focus on these issues indicate that Texas’s crimes’ drop rate was due to an increase in the jail and prison populace. A rise in wealth and improved income led to the decrease of property crimes (Nachmias & Nachmias, 2004). Increased prison construction would not be cost-effective in Texas. This is due to the declining marginal returns of investing in prison construction, but direct interventions in improving the economy sectors and enhancing police operations would be more proactive. Ideally, most of the discussions in the article are based on assumptions rather than facts. The researcher gives possible reasons as to why crime rate is dropping but he does not answer how these attributes are connected to the crimes. He mentions variables such as demography, unemployment, prison expansion and the economy. It is hard to establish a relationship between the variables and the crimes due to lack of concrete proof to his suggestions. Hypothetically, unemployment is a particular clear case, but the principle can be expected to apply to several other explanations. A blend in heterogeneity of most local areas in social class, household structure, race and income among others can be causational to each other (Nachmias & Nachmias, 2004). The assurance of civil rights is grounded on inclusion; yet the massive difference imprisonment rates between Latinos, blacks and whites still stands as the ugliest reminder of nation’s history of segregation based on race. In the article, the researcher argues that the best way of understanding law and race in this twenty-first century is by understanding and appreciating the American federal system. Some of the things that need appreciation include, the system structures, political mobilization, legal authority and solutions to policy loop holes. In addition, the federal system serves as a vital and disregarded obstacle to more persistent and

The Effect Of Corruption On Taxtation System Essay Example for Free

The Effect Of Corruption On Taxtation System Essay Introduction: The Federal government to collect taxes on income other than agriculture income, taxes on capital value, custom, excise duties and sale taxes. In the modern age, corruption is found in almost all the countries of the world. It has been found in all the ages, like an incurable diseases. It has a great crime against the member of the society. Corruption in the tax administration is a two way process. For each corrupt employee, there is a corrupt private sector person who is corrupt either willingly or under duress. Findings in 2001 suggest that a large majority of the private sector justifies non-payment of the taxes because of the simple non-performance of the government in its duties. Many respondents to the survey mentioned other countries where the state ensures provision of inadequate quality infrastructure as health, education, social security, roads and above all security of life and property. Corruption cannot be viewed in isolaton, as it is a part of the broader issue of governance and public management. The quality of a country s’ governance is a critical factor for its development process. It is thus surprising how very small attention is given to one of the most fundamental way that public revenue are raised. Developing countries are typically unable to generate sufficient amount of revenue from taxation because these countries face a number of institutional problems in the process of revenue generation. One of the main problems is corruption in tax administration and tax system reforms (Brondolo,et al.(2008). The quality of governance as a whole is also relevant in this context. It is agreed that the presence of tax system and corruption of public officials is a social phenomena that can significantly reduce tax revenue and seriously hurt economics growth and development. We feel that overlooking them will make any corruption reduction in the tax administration. Hence, even if we cannot change anything in this area, it is our duty to take the decision makers about the very important rule that the play in encouraging and sustaining corruption in the tax administration. Various studies try to investigate the determinants of tax revenue [e.g.,Teera(2003);weiss (1969);Tanzi and zee (2000) and imam and jacobs (2007) .Imam and Jacobs (2007) explain that real per capita income, share of agriculture in GDP, trade openness, inflation and corruption are the most important determinants of tax collection. Gupta (2007) finds that several structural factors like per capita GDP share of agriculture in GDP trade openness foreign aid, foreign debt and some new institutional variable like corruption and political stability are statistically and strong determinants of revenue performance. Pakistan’s Taxation System Federal taxes in Pakistan like most of the taxation systems in the world are classified into two broad categories, viz., direct and indirect taxes. A broad description regarding the nature of administration of these taxes is explained below: Direct Taxes Direct taxes primarily comprise income tax, along with supplementary role of wealth tax. For the purpose of the charge of tax and the total income, all income is classified under the following heads: †¢ Salaries †¢ Interest on securities; †¢ Income from property; †¢ Income from business or professions †¢ Capital gains; and income from other sources. Personal Tax All individuals, unregistered firms, associations of persons, etc., are liable to tax, at the rates rending from 10 to 35 per cent. Tax on Companies All public companies (other than banking companies) incorporated in Pakistan are assessed for tax at corporate rate of 39%. However, the effective rate is likely to differ on account of allowances and related to industry, location, exports, etc. Inter-Corporate Dividend Tax Tax on the dividends received by a public company from a Pakistan company is payable at the rate of 5% and at the rate of 15% in case dividends are received by a foreign company. Inter-corporate dividends declared or distributed by power generation companies is subject to reduced rate of tax i.e., 7.5%. Other companies are taxed at the rate of 20%. Dividends paid to all non-company shareholders by the companies are subject to with holding tax of 10% which is treated as a full and final discharge of tax liability in respect of this source of income. Treatment of Dividend Income: Dividend income received as below enjoys tax exemption, provided it does not exceed Rs. 10,000/-. Objective: The main objective of these is to increase the efficiency of tax administration, specifically by reducing corruption and taxation system. Literature review: Sandamo (2004) defines the concept of systemm in the following words.†Tax system is a violation of the law: when the taxpayer from reporting income from labour or capital which is in principal taxable, he engages in an illegal activity that makes him liable to administrative or legal action from the authorities.† Various studies explain that collection of tax revenue is one of the important areas where corruption is most likely to arise [Galtung (1995); Li (1997); Toye and Moore (1998); Tanzi (2000); and Tungodden (2003). Fjeldstad (2005) examines the experience of the Uganda Revenue authority (URA) in controlling fiscal corruption. The study concludes that several factors have contributed to the unsatisfactory results of the URA. The study also explains that pay level of employees in URA is one of the several factors affecting the behavior of tax officers. Fjeldstad and Bertil (2001) explain that this paradox does not justify policies to stimulate corruption. It analyses that in the short corruption may raise tax revenue but in the long run the opposite will be the case. with high Tanzi and Dvoodi (1997) have provided evidence that countries level of corruption tend to have lower collection of tax revenues in relation to GDP. The implication is that some of the taxes paid by taxpayers are diverted away from public accounts. Tanzi(1999) argues that a distinction needs to be made between taxes collected by the tax administrators and taxes received by the treasury. Sanyal, et al. (1998) investigates the relationship between corruption, tax system and laffer curve. The study explain that a corrupt tax administration leads to laffer curve behavior (a higher tax rate leads to a smaller net revenue). The study explain that â€Å"net revenue earned from a truth revealing audit probability always exceeds net revenue through audits, taxes, and penalties in the cheating region†. Hadi (2006) has taken an effort to see the relationship between corruption and tax evasion. This study analysis that how bribery affects tax evasion. It also explains how tax-payers would be tending to pay bribes to maximize their expected income. The study used three different groups of people, individual taxpayers, tax collectors, and inspectors. The results shows that size of bribe negatively affect the tax evasion. Chand and Karl (1999) examined the issue to control fiscal corruption by providing incentives to fiscal officers. A model is developed to expose the incentives effect. This study explains the importance of organizational setup and conditions of service of fiscal officers. The study concludes that corruption has to be done due to low wages and other social circumstances. Phillps and sandal (2008) explains the relationship between governance and tax reforms. The study explains that three key dynamics reflects the relationship between governance, taxation and investment climate. Firstly good tax system positively depends on good governance. Secondly a fair domestic taxation system promotes good governance because benefit tax system allows population to pay fairly. Aizenman and yothin (2005) explains that collection efficiency is determined by the penalty on underpaying and probability of audit. Their main purpose is to prove the dependence of VAT collections efficiency on some key structural and political economy factor, The study shows that collection efficiency of the value added is affected by economic structure that increase the cost of enforcement. The collection efficiency reduces with less urbanization, less trade openness and higher share of agriculture. Conclusions: *The study concludes that governance and corruption are two main determinant of tax revenue. *Corruption has adverse effect on tax collection, while good governance contributes to better performance in tax collection. * The study concludes that corruption has negative effect on tax revenues. * In developing countries tax revenue collection depends on efficiency of government. Thus the accountability , political stability , government effectiveness, regulatory quality , rule of law and control of corruption and are important factors in determining tax revenues in developing countries. * An improved tax to GDP ratio can be achieved by using a combination of good governance, improved tax administration, good macroeconomics policies and other discretionary tax measures. Policy implications: *As confidance building measure to address tax payers concern. Government must demonstrate genuine authority at the top level, arrange public of tax return of ruling elite, some percentage of taxes revenues for specific social sectors, and create a demonstrable linkage between revenue generation and development expenditure of an area. *Separate tax assessment and adjudication. *Maximum authority to tax administration. *Policy implications for governments internationally when consideration is given to the issue of effective administrations. Efforts need to be made by governments to make improvements to the governance ( voice and accountability, political stability , government effectiveness, regulatory quality , rule of law and control of corruption) as a starting point. *Fiscal corruption in the tax administration is reduced by required laws, which are enforced by independent and efficient judicial system. *Democratic political institutions are in place, taxpayers are allowed to freely express their opinion about the tax system, so tax administrations should become more transparent and publicaly accountable, hence fiscal corruption is more easily exposed. *Developing countries need actively to strive to reduce the opportunities of corruption in tax administration and change in incentive structure for tax officials. *International donors like IMF may benefit in achieving its objectives if its adopt eradication of corruption as the prime component of conditionalities’.which are almost always attatched to their programmes of soft loans. *Business process reengineering should minimum tax payers/tax collectors interaction , simplified system and rules , reduced discretionary power s, Strengthened monitoring ad accountability, and increase transparency. References: Acconcia, A.,M.D’Amato, and R.Martina (2003) Tax Evasion and Corruptionn in Tax Administration Journal of public Economics. Aizenman, J. and Y.Jinjarak (2005) The Collection Efficiency of the value Added Tax: Theory and international Evidence. Alm J.,R.W. Bahl and M.N. Murrey (1991) Tax Base Erosion in Developing Countries . Bird, Richard (2004) societal institiutions and Tax Effort in Developing Countries. Gupta, S.A (2007) Determinants of Tax Revenue Effort in Developing Countries . Phillips, M. and R.Sandall (2008) Linking Business Tax Reforms with Goverance. Tanzi, V. and H.Zee (2001) Tax policy for Developing Countries. Tanzi, Vito (2000) Taxtation in the last Decade.Centre for Research on Economics Development and Policy Reforms. Tanzi, V. And H.Zee (2000) Tax policy for Emerging Markets: Developing Countries. Washington , DC: International Monetatry Fund.

Ethical judgements Essay Example for Free

Ethical judgements Essay Our entire life is a continuous process of gaining and retaining information, expanding our knowledge as individuals. Most people spend quite a bit of time in their childhood years in school learning, taking in knowledge that has been produced. As a species humans have produced a wealth of knowledge in a variety of ways. However there comes a time where you have to wonder what extent people would go to, to produce knowledge. Where is the line? When are we doing something ethically wrong? All of these questions bring up another question, do ethics get in the way of producing knowledge? The arts and natural sciences are two areas of knowledge that deal a lot with ethics. The arts are a very free area of knowledge in with people are allowed to express themselves, the natural sciences require a lot of experimentation. In my opinion, knowledge is very valuable, and the production of it should be a priority if the sacrifice is reasonable. The arts are a valuable source of knowledge, producers of art tend to try to convey a message through their artwork. Art comes in many different forms, ranging from visual arts to music and even literary arts. Throughout all forms most of art there are lessons embedded in the art piece, or at least messages conveyed through the art. Similarly, most art contains some form of censorship, artists are not allowed to touch on certain topics. Even if artists decide to make art that touches on controversial or different topics, their art is typically not accepted in society and does not receive any publicity. Again, this is the case with almost all art, however for the purpose of this essay I am going to focus on literary art. An example that is very prevalent in my mind is the ban of _The Book of Negroes_ by Lawrence Hill. A dutchman named Roy Groenberg wrote a letter to Lawrence Hill. In the letter he wrote that a group of people in the Netherlands were going to burn Hills book because in contained the word negro in the title (Hopper). _The Book of Negroes_ is an award winning book that is about the life of an 11 year-old girl who is kidnapped in a village near Segu in Africa, and sent to North Carolina to be a slave. The book continues to tell the reader about her life as a slave (Hill). _The Book of Negroes_ is widely considered as very moving and a book that conveys important messages (Hopper). Unfortunately, because of the title it was misconceived as a book that was critical of African-Americans. Groenberg was the only person to act on his feelings, however that does not mean he was the only person to see this book as negatively directed at African-Americans. _The Book of Negroes_ was likely misconceived by many more people just because of the inclusion of the word negro in the title. Unfortunately, society has made many ethical judgements about the word negro which are usually justified but in this case prevent people expanding their knowledge (Hopper). This one of many examples, in which an ethical judgement limited methods available in the production of knowledge. This brings up the question in my mind, why do people shy away from certain words? An attempt to find the answer lead me to the Theory of Knowledge diagram, more specifically the ways of knowing. One way of knowing that intrigues me is language, this seems to answer my question. Language is a very powerful way of knowing, as words can be very powerful. There are handful of words in the english language that are not spoken because of how powerful they are. It seems to me that because of this some words are not tolerated even if the context is appropriate. Which sort of explains why The Book of Negroes received some criticism. It almost makes the criticism understandable, and I can begin to justify Groenbergs actions. Like I said before, almost all art forms have artwork that is not socially  accepted, and up to this point Ive only discussed literary art. However in my personal life I have learned about art not being accepted, when it comes to hip-hop music. I regularly listen to hip-hop music and it is a very important part of my life. In the eighth grade for a social studies class I had the opportunity to play a song in class as part of a project. This for me was especially difficult because a lot of hip-hop music is not completely suitable for a eighth grade class setting. Even though I had found a couple of songs that were perfect for what I needed, but had a little too much profanity. I completely understand that there are some inappropriate elements to hip-hop music that are not the best thing for a class room environment. However, I believe by the eighth grade students have developed a level of maturity, and should be able to listen to hip-hop music. All that needed to happen was for my classmates to disregard any profanity and see the song for what it truly is. Similarly, people should have looked past the title The Book of Negroes and read the book to see it for its value. Ethical judgments are as prevalent in the arts as they are in the natural sciences. From stem cell research to animal testing, there are a plethora of examples for natural sciences. The arts are as much about entertainment as they are gaining knowledge, or maybe even more. On the other hand the natural sciences is almost entirely about gaining new knowledge and improving what is already known. In this age, developments in natural sciences are nearly only about human advancement. Whether is medically or discovering new things. I am going to mainly focus on how various countries, such as Argentina, the United States, Russia, Iran and France, tested their space equipment. From the mid 1940s all the way to 2013, the mentioned countries have sent monkeys into space (Gray). Before leaders were confident enough to send humans into space, they sent monkeys into space to see how their equipment fared. As expected, most of these monkeys died horrible deaths in flight with no way of knowing what is happening or any way to help themselves (Gray). The most notable instances were the first few monkeys in space. In 1948 NASA sent a  rhesus monkey named Albert 39 miles into the air in a rocket. Albert died of suffocation mid flight, however NASA sent another monkey in the air named Albert II. Albert II survived the flight but died due to a parachute malfunction (Gray). When I discussed the Book of Negroes I reached a conclusion that gaining knowledge is more important than ethical issues. However, when discussing NASA monkeys it is much harder to decide. This is because lives are at stake, although they are not human lives it is still hard to think about something dying for space research. Majority of people agree that sending monkeys into space is wrong. How is it that NASA can design equipment to go into space, but can not create a machine that can detect air pressure and oxygen levels. Again, understanding this point of view is much easier but the theory of knowledge diagram came to my mind again. In the ways of knowing there is emotion, and that is likely the main way of knowing affecting people when they imagine monkeys dying for space research. It is easy to create an emotional bond with an animal as cute as a monkey, and most people can agree monkeys are cute. When reacting on emotions people reach rash conclusions. Which I think can be applied here, I am curious what the reaction would be if NASA tested with uglier or at least less cute animals. What if NASA sent warthogs into space? This is a situation when I personally hate to play devils advocate, however if I was an astronaut in the 1940s I would certainly not go into a space rocket. I have absolutely nothing against monkeys, but if I were forced to make a decision between a monkey dying and a human dying I would choose the monkey, without hesitation. In conclusion, knowledge is very valuable and has been something humans have cherished through the ages. The production of knowledge has been vital to the advancement of the human race. Under most circumstances in the arts and natural sciences, the production of knowledge does not require a major sacrifice, just a small loss or temporary discomfort. There are times in which it is not worth the sacrifice to learn something. However the vast majority of circumstances provide a reasonable loss for the production of  knowledge. Overall, I believe knowledge and the production of knowledge is extremely valuable and should be a priority when it comes to he arts and natural sciences. Works Cited Gray, Tara. A Brief History of Animals In Space. NASA. NASA HQ, 02 Aug 2004. Web. 16 Sep 2013. Hill, Lawrence. The Book of Negroes. Toronto, Ontario, Canada: HarperCollins, 2007. Print. Hopper, Tristin. Dutchman threatens to burn The Book of Negroes. National Post. National Post, 10 Jun 2011. Web. 16 Sep 2013. .

International Business Environment Of Countries Hg Operates Economics Essay

International Business Environment Of Countries Hg Operates Economics Essay To identify and gain an understanding of the environment for international business in Germany, several factors will be reviewed. A countrys geography, culture, population demographics as well as political and economic structure can all play a role in either contributing to or working against the existence of a climate favourable to international business. By examining issues such as Germanys participation in area economic integration, its attitude toward foreign direct investment and its participation Germanys Geography Germany is one of the most densely populated countries in the world, with almost 83 million people inhabiting 357,022 square kilometres of land. The country consists of 16 federal states and 32 kingdoms, principalities and small towns. The countryside is quite diverse with five major landscape types, including sandy beaches along the North and Baltic Seas, hills and lakes in the North German Plain, numerous islands, fertile lands, lowland bays, and mountain ranges in the Alps.    The Bavarian plateau in the southwest averages 1,600 feet above sea level, while its highest point, the Zugspitze   Mountains, reaches 9,721 feet. Germanys major rivers are the Danube, the Elbe, the Oder, the Weser, and the Rhine. Natural resources present include iron ore, coal, potash, timber, lignite, uranium, copper, natural gas, salt and nickel.   Ã‚   Germanys Population Demographics The estimated 2006 population of Germany is 82,422,299 with a population growth rate of -0.02% Balance of Trade Germany continues to be a very export focused, as noted below in its current account balance. Germany exports account for more than one-third of national output. Although production costs within Germany are very high it continues to be a top exporter of goods. German export sales are concentrated in motor vehicles, machinery, chemicals, and heavy electrical equipment. France is Germanys second-largest trading partner, with the U.S. being the second largest. Trade with the U.S. totalled $89.1 billion in 2002; U.S. exports to Germany totalled $26.6 billion while U.S. imports from Germany totalled more than $62.5 billion. Foreign Debt Obligations Germanys focus on being a lead exporter lends it to continue to carry a positive trade/debt ratio compared to that of competing countries such as the U.S. Estimates based on 2005 data show that the U.S. continues to run a current account deficit compared to that of Germany. Germany continues to run a positive current account balance; this has been one of the factors supporting the increase of the euro compared to that of the dollar. World Trade Organization Involvement Germany was one of the inaugural members of the World Trade Organization founded in January of 1995. Today it remains committed to promoting multilateral trade and in 2000 began a series of contributions to the WTOs technical assistance and training activities.    Germanys most recent donation of EUR 1.7m in 2006 makes it the second biggest voluntary contributor to the WTO. Currency of Germany Germany is the worlds third-largest economy and the largest in Europe, but has recently been one of the slowest growing economies in the European Union for a number of reasons including: the continued integration of the eastern German economy, inflexible labour practices which continue to increases unemployment rates to 11.7%, taxation and high social insurance cost.    The bureaucracy associated with labour practices have led German employers to consider investing in oversee operations or automating production rather than to create jobs in domestic facilities.   Historically Germanys main currency was the Deutschmark, but in 1999 the European Monetary Union introduced the euro as a common currency to be used within its members financial institution and by January 2002, the euro became the sole currency for all member countries. As of the November 30, 2006 the euro was trading at 1.3167 compared to that of the U.S. dollars, this is an increase over the 2005 average of .8041. (Yahoo Finance)    Due to the creation of the euro it is difficult to determine Germanys overall impact on this increase of the euro compared to that of the dollar, however, the Gross Domestic Product (GDP) information illustrates Germanys dramatic impact on the increase. Although Germany has experienced a high level of unemployment in recent years, 11.7% in 2005, it continues to hold a major labour force of approximately 43 million; Analysing the above data shows that although the growth rate has been low in recent years Germany has experienced a relatively stable economy with the potential to increase it performance. Conclusion Although Germany has experienced recent slow economic growth and the cost of producing goods is higher than other foreign countries, Germany offers an environment that strongly supports international business, evidence of this includes the presence of a highly skilled and productive worker force and its prime location in the heart of Europe. Investing in Germany appears to be a sound business decision; various incentive packages can offset real costs as well as provide tax incentives in future years. To help structure a successful integration with German consumers, companies should ensure that they have a high quality innovative product. Culturally, German consumers do not focus on the cost of a product but are extremely focused on the quality of a product. Promising sectors to consider for international business opportunities in Germany include computer software, management consulting services, drug and pharmaceuticals, and telecommunication equipment.   United Kingdom Major Elements and Dimensions of Culture in the United Kingdom The United Kingdom is rich in cultural heritage. The country is a tourist destination known for its landscape, art galleries, architecture, parks, palaces and museums.    Although the sites are remarkable, the culture is distinctive.    In the United Kingdom, their culture is considered a reflection of their diversity. Languages The official language of the United Kingdom is English which is said to be spoken by 95% of the population.    Although the Unites States speaks English as well, they are very different.    The dialects are not only different between the United Kingdom and the United States; they are also very different between the regions in the United Kingdom.    The American English and the British English are the reference forms of English that recognized in the rest of the world. Economic value The United Kingdom is the third largest trading and financial center in Europe.    Over the past few years, the United Kingdom has been focused on growth of the economy and reduction within the social welfare system. The government of the United Kingdom has been researching possible ways to stimulate the economy; however, they are currently facing economic slowdown, high unemployment, declining home prices and increased consumer debt.    The rate changes in the United Kingdom are driven by the rate moves of the Bank of England; this is similar to the moves that are driven in the United States by the Federal Reserve (The economy of, 2010). When doing business with the United Kingdom, it is first necessary to determine whether you have established a presence with your business activities.    If your business with the United Kingdom is simply exporting goods, then there is no a presence established.    If there is a permanent base in the United Kingdom, then the a business has a permanent establishment that will require consideration which will possibly be taxable in the United Kingdom, if business is conducted from that base with regularity (Bryan Cave, 2009). If a permanent establishment is created there are additional considerations the United States based company must consider. The United Kingdom has a tax system has gone through many changes.    It is based on an income system, much like that of the United States.    When a business has been permanently established in the United Kingdom they are subject to taxation in the same way that the local businesses are.    The tax systems measures the rates based on cash flow, instead of profits as it has been in the past.    According to a study of King and Fullerton the corporate tax rate for the United Kingdom has changed consistently since the war.    They have continued to experiment with the rates with legislative approval.    In addition to the corporate taxes, they also have social security tax and capital gains tax. Banking It is important to understand that to conduct business in the United Kingdom will be required to establish a local bank account.    Due to increased issues surrounding corruption and money laundering, the United Kingdom establishes the Money Laundering Regulations. As a result of this program, the banks in the United Kingdom have undertaken a process for due diligence, which is required as part of this law Imports and exports Since the beginning of 2011, UKs monthly trade deficit has hit record levels of more than  £4 billion per month. The monthly deficit in the UK for 2011 is also exceeding the previous record level of  £3.5 billion per month reached in 2007. Total value of exports: US$405.6 billion. Primary exports commodities: manufactured goods, fuels, chemicals; food, beverages, tobacco. Primary exports partners: US (14.71 percent), Germany (11.06 percent), France (8 percent), Netherlands (7.79 percent), Ireland (6.89 percent), Belgium (4.65 percent), Spain (4 percent) Total value of imports: US$546.5 billion Primary imports commodities: manufactured goods, machinery, fuels; foodstuffs Conclusion Scanning the business environment is an activity that needs to be conducted on a continual basis by all international businesses. The reasons are diverse when dealing with countries risks. When global companies enter into the international arena, consistent efforts must be made to understand the ever-changing business climate in each country that they are involved in .Thus company objectives and policies must be aligned accordingly to meet these changes. In dealing with country risk, strategic usage of joint ventures and partnerships may be used to minimize the risk involved. P2  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Describe how the following mechanisms regulate international trade: the work of the WTO in international trade; Quotas and Tariffs; The legislation on product safety and reliability. WTO The WTO as an Organization was created on January 1, 1995, as a result of the Uruguay Round Negotiations. Currently consisting of 140 members worldwide, it is based with headquarters in Geneva, Switzerland and has a secretary staff of over five hundred. The organization of the WTO consists of a head Ministerial Conference, with branches of a General Council, Trade Review Body, and Dispute Settlement Body. Below these branches lie several councils and committees to deal with many different trade issues. One branch consists of a committee with the name Trade and the Environment, which concerns itself with issues relating to trade and the environment. Overseeing the organization of the WTO is the director-general, currently Michael Moore. The basis for all WTO decisions lies in its multilateral trading system, where a large amount of agreements that are negotiated and signed by members must finally be ratified in each countrys individual Senate. While the individual agreements are signed and ratified by each countrys government, the primary purpos e of the legislation is to assist the countrys producers, exporters, and importers. The overall goal of the WTO is to make trade freer, resulting in, claims the WTO, a promotion of peace worldwide, an increase in income and a stimulation of economic growth. As part of its preamble, the WTO claims an interest in the environment, and thus created the Committee on Trade and the Environment to make decisions when environmental issues are involved. The preamble itself states it will promote trade while allowing for the optimal use of the worlds resources in accordance with the objective of sustainable development, seeking both to protect and preserve the environment. The organization, in the past few years, however, has encouraged a lower tariff universally, thereby encouraging producers to look towards less developed countries as prime places for cheap labour and low regulations, especially low regulations relating to the environment. These less developed countries, or LDCs, are known u niversally for having very cheap, productive labour, and are not even close to having the environmental protection efforts seen in the United States and Europe. So these countries are encouraged to make waste of the land and save profits. Yet the WTO maintains that freer trade will benefit all, and their concern for the environment is shown in the existence of a council concerned with only environmental matters. The tariffs   The discussion of tariffs covers both tariffs on quantities within quotas and those outside. Traditionally, the tariff reductions that resulted from trade negotiations came from bilateral product-by-product bargaining, or they were based on formulas that applied over a broad range of products, or combinations of the two. How the reductions will be handled in the present negotiations is still undecided. Some countries such as Canada and the US are advocating that in addition, sectoral liberalization should be negotiated. In some sectors, in past negotiations these have sometimes meant zero-for-zero deals. It would include negotiating the complete elimination of tariffs (and possibly other measures such as export subsidies or subsidized export credits) by at least the key WTO members in specific sectors such as oilseeds, and barley and malt. Some countries for example Japan have said they do not support this. One country, the US, has gone so far as to argue that because so many agricultural tariffs are high, the negotiations to reduce tariffs should start with applied rates (the tariffs governments actually charge on agricultural imports) and not the generally higher bound rates (the legally binding ceilings committed in the WTO as a result of previous negotiations). This has proved quite controversial because it would break a tradition of basing negotiations on bound rates. A number of countries have also countered that they should be given credit for unilaterally applying tariffs that are more liberal than the negotiated bound rates, instead of being forced to make even deeper cuts than countries that kept to their higher bound rates. Some countries that recently joined the WTO also feel that they accepted low tariffs in order to become members and therefore should not have to reduce them much further. A number of developing countries also complain that they face difficulty if they try to increase their incomes by processing the agricultural raw materials that they produce. This is because the countries they see as potential export markets impose higher duties on processed imports than on the raw materials known as tariff escalation in order to protect their own processing industries. Some countries see tariffs and other import barriers as necessary in order to protect domestic production and maintain food security. For this reason, some countries are linking lower import barriers with disciplines on other countries export restraints and export taxes if producing countries do not restrict their exports, then importing countries can feel more secure about being able to obtaining food from them. Some developing countries say they need flexibility in deciding the level of import duties they charge to protect their farmers against competition from imports whose prices are low because of export subsidies. The tariff quotas Quota administration is a technical subject, but it has a real impact on trade on whether a product exported from one country can gain access to the market of another country at the lower, within-quota tariff. Methods used for giving exporters access to quotas include first-come, first-served allocations, import licensing according to historical shares and other criteria, administering through state trading enterprise, bilateral agreements, and auctioning. The terms can also specify time periods for using the quotas, for example periods of time for applying for licences, or for delivering the products to the importing countries. Exporters are sometimes concerned that their ability to take advantage of tariff quotas can be handicapped because of the way the quotas are administered. Sometimes they also complain that the licensing timetables put them at a disadvantage when production is seasonal and the products have to be transported over long distances. Each method has advantages and disadvantages, and many WTO members acknowledge that it can be difficult to say conclusively whether one method is better than another. Several countries want the negotiations to deal with tariff quotas: to replace them with low tariffs, to increase their size, to sort out what they consider to be restricting and non-transparent allocation methods, or to clarify which methods are legal or illegal under WTO rules in order to provide legal certainty. Who has tariff quotas?  Ã‚   43  WTO members currently have a combined total of 1,425  tariff quotas in their commitments. The numbers in brackets show how many quotas each country has. Australia (2) Barbados (36) Brazil (2) Bulgaria (73) Canada (21) Chile  (1) China  (10) Chinese Taipei (10) Colombia (67) Costa Rica (27) Croatia (9) Czech Rep (24) Dominican Rep (8) Ecuador (14) El Salvador (11) EU (87) Guatemala (22) Hungary (70) Iceland (90) Indonesia (2) Israel (12) Japan (20) Korea (67) Latvia (4) Lithuania (4) Malaysia (19) Mexico (11) Morocco (16) New Zealand (3) Nicaragua (9) Norway (232) Panama (19) Philippines (14) Poland (109) Romania (12) Slovak Republic (24) Slovenia (20) South Africa (53) Switzerland (28) Thailand (23) Tunisia (13) United States (54) Venezuela (61) P3  Describe  how the environment and culture of another country affects HGs business operations.  You are asked to present a PEST (L) analyse on both the Netherlands and China. PEST Analyse The Kingdom of the Netherlands General Facts Full name: The Kingdom of the Netherlands Population: 16.6 million Capital: Amsterdam; seat of government: the Hague   Dependencies: Aruba, Netherlands Antilles Location: Western Europe, bordering the North Sea, between Belgium and Germany Area: 41,864 sq km (16,164 sq miles)   Major language: Dutch Major religion: Christianity   Export commodities: Machinery and equipment, chemicals, fuels, foodstuffs GDP per Capita: $ 47,042 Political Risk Factors Political Structure Analysis   The Netherlands is a constitutional monarchy (since 1815) and a parliamentary democracy (since 1848). Dutch monarch has no real political power: from the representative side head of state (Queen Beatrix), from the executive side person uniting the divided parliamentary politics. Thus, the Netherlands is usually governed by an alliance of different political parties. Prime minister comes from the party, which won the most seats in the elections, and forms the new government. These days Dutch government is in uncertain situation due to its collapse in mid-February 2010. Whichever government alliance comes to power after the June 2010 election will continue to focus on managing the after-effects of the political and financial crisis. Limits of press freedom Dutch constitution guarantee freedom of the press, as is free speech. Moreover, journalists dont present flagrant news in the light of tabloid sensationalism. But government limits press freedom establishing rules especially regarding countrys secret service. Every day there is papers confrontation with the government. Journalists have to make out where are secret information and not. And government needs to clarify free speech statement. Key Internal Political Risks Political unrest in the light of financial crises. Decision-making of financial crises results is held up at least until the general election in June due to the collapse of the government in mid-February. The two main parties failed to agree on whether or not to withdraw troops from Afghanistan as planned in 2010 and it served the main reason for government breakup. Indeed, the future of a new road pricing suggestion (the kilometre tax), based on charging motorists for the distance and time driven, has become uncertain. This scheme has been hanging in the air since its initiator, Mr Eurlings, has announced his departure from the political scene and this question hasnt got its following consideration. The kilometre tax question isnt a sole problem that previous government hasnt had time to solve them. New solutions of residual tasks will be founded when new government comes to the office. Corruption and private property Private property and contracts are secure. There is no difference between citizens and foreigners purchasing real property. Although intellectual property rights are generally protected, there is piracy of optical disc media as everywhere. Government needs to increase arrangements against these criminal organizations. Corruption is on the minimal level. So the Netherlands ranks 6th place among 180 countries in Transparency Internationals Corruption Perceptions Index (2009). The Organisation for Economic Co-operation and Developments    Anti-Bribery Convention leads struggle against corruption by penal offense. However low-level law pressure corruption doesnt have to allow government to relax its attention regarding corruption. Key External Political Risks The Netherlands Antilles as a part of the Netherlands The Netherlands Antilles are part of the Kingdom of the Netherlands and acknowledge the Dutch monarch. In comparison with its motherland, the Netherlands Antilles dont have very low political risk. In 2010, Curacao and St. Maarten (two largest islands whose production accounts more 70% of GDP) will achieve independence from the rest of the islands and the Netherlands Antilles probably will desist to exist because of    financial insolvency (poor tax collection and high social spending contribute). Economic Risk Factors The Netherlands has one of the most advanced economies in the world, which is modern and diversified, with institutional strengths in the sphere of legal framework and impregnability of property rights. Exports and imports account more than 60 % of nominal GDP. Strategic geographic position and a small size of its domestic market play a key role on the world arena and by attracting foreign investments. The Netherlands showed significant economic performance and GDP growth in the nineties. The economys main focus is export commodities. Dutch trade mainly comprises chemical products, fossil fuels and agricultural products, machinery and transport equipment. Exports contributed 70 % of GDP in 2000 in comparison with 58.3 % of GDP in 1996. In 2001 the rate of GDP decreased sharply and the economy didnt see growth improvements at all in 2002-2003. Cyclical shock was caused by lower rates of export growth as part of the global economic slowdown. 2006 however, showed a promising 3% growth, which steadily accelerated to 3.5 % in 2007. The economy still grew 2 % in 2008, but due to global financial crisis the economic activity had been shrinking; exports and imports dropped rapidly in 2009, by 8.4 % and 8.9 % respectively. The Public Sector Fiscal policy in the Netherlands is designed to reduce taxes and to create a favorable climate for business investors. The Income Tax of 2001 represented significant tax cuts since the war. Total tax revenue was 37.5% of GDP (2005), which is below the EU average. In January 2007 Dutch government has deducted corporate tax to 25.5%. The following tax reform gave international companies a green light for FDI in the Dutch economy. Dividend tax has also been diminished from 25% to 15% and a patent box with a 10% tax rate on income from innovations was proposed. The Dutch tax system combines 30% tax break for top qualified foreign workers, wide tax treaty network and participation exemption. The Monetary Sector The Netherlands joined economic and monetary union on January 1st 1999. European Central Bank controls monetary policy and sets interest rates in euro zone. The Netherlands is a member of the euro zone. Inflation level between 2006 and 2008 has been relatively low, averaging 2% and is expected to stay low at about 1.5% in the coming years.   Refinancing rate was raised by 25 basis points eight times to 4 % since December 2005. Due to recent financial turmoil intervention rates have risen very rapidly to 4.7 %. Since 2009 these rates remain unchanged and likely to continue to do so in 2010. The External Sector The Netherlands had strongly positive balance of payments in 2005 estimated at à ¢Ã¢â‚¬Å¡Ã‚ ¬31.5 billion, because more than two-thirds of GDP was derived from merchandise trade. Top leading export markets in 2007 were Germany with 28.2 % of the total export share, Belgium with 15.6%, the United Kingdom with 10.5 % and France with 9.8%. Germany topped the list as leading supplier to the Netherlands with 20.5 % share of imported goods. From these figures it becomes obvious, that Germany is the most important trading partner of the Netherlands.    According to EIU World Investment Prospects foreign investments increased particularly in 2007 on a worldwide basis. Inward foreign direct investments to the Netherlands have skyrocketed from US$ 635 billion in 2007 to US$ 796 billion in 2010. (see Appendix 4) The Netherlands showed good results in co-operation with multinational companies from emerging industrial companies, like India, China and Korea. The Labour Market The Dutch labour market and welfare system is similar to the German model. Policy making and industrial relations are key elements in dealing with most issues. In recent years the labour market has become more flexible than in Germany. Labour regulations are relatively strict in the Netherlands. The non-salary cost of employing a worker is high, and dismissing an employee is costly and unenviable process. The pension system is financed by pension funds, which invest pension contributions in shares and other assets. One unique characteristic of the Netherlands labour market is a large number among women, who work at part-time jobs. The one and a half earner model has become very popular in Holland, in which man has a full-time job and a woman works part-time. The current labour market is in a structurally better position.   Social Risk Factors   Ã‚   Social Spectrum of Netherlands Introduction to Social Structure of Netherlands   The Netherlands is a country where native population is nearly 81%. Dutch society is tolerant to the homosexuality but undergo Islamic conflict. This country also is well-known for the most comprehensive system of social security in the EU. It is also one of the worlds most densely populated nations. As in many European countries, there is the tendency of growing 65s population that lead to greater demands on the welfare system. Facts of social structure of Netherlands: Population: 16,715,999   Age structure: 0-14 years: 17.4%;  15-64 years: 67.7%;  65 years and over: 14.9%   Median age: total: 40.4 years; male: 39.6 years female: 41.2 years   Population growth rate: 0.412%   Net migration rate: 2.46 migrant(s)/1,000 population   HIV/AIDS: people living with HIV/AIDS: 18,000   HIV/AIDS: deaths: fewer than 200   Ethnic groups: Dutch 80.7%, EU 5%, Indonesian 2.4%, Turkish 2.2%, Surinamese 2%, Moroccan 2%, Netherlands Antilles Aruba 0.8%, other 4.8% Religions: Roman Catholic 30%, Dutch Reformed 11%, Calvinist 6%, other Protestant 3%, Muslim 5.8%, other 2.2%, none 42% (2006) Key Social Risks   Over the past decade there is trend of the politicization of childhood which links with certain risks. In many countries, these risks are known as the new social risks (services for the elderly and disabled; services for families with children; active labour market policies). One of the reasons for it results from income and service gaps in post-industrial labour markets. This is one social risk of insufficient income security. Besides there has also been an increase in the female employment rate and virtually all adults are now expected to be involved in employment. (see Appendix 7) In addition, changes of labour markets and transformations of family and demography create challenges of social care (especially child care) when young families lack access to affordable and quality child care and yet all adults in the family must enter the labour force.   Demographic changes   Around 68% of its population is aged between 15 and 65. A short term risk Netherlands faces is the very low birth rate. Declining working population and low rate of migrant inflow are present these days. In the Netherlands, the legality of guest workers that arrived in the 1960s to work temporary for Dutch industries but never left the country afterwards leads the countrys current migrant labour situation and conflicts what link with it. The social care sector has some difficulties in immigration sphere. Government officials maintain that there is no demand for migrant labour in the social care sector, and hence there is wide field of activity for low-skilled labour. Religious restrictions   Nearly a half    (42%) of Netherlands citizens are atheists but Muslims are the main problem for the country . There is no evidence which suggests strict religious regulations in this country. In general, religious restrictions risk hence remains very low but government should continue improve situation regarding Islamic groups.   Technical Risk Factors Superior logistics and technology infrastructure The Netherlands is located in the center of Europe and provides a strategic location to run international businesses with global market leaders. Rotterdam is one of the worlds largest seaports and Schiphol Airport is considered as one of the busiest hubs in Europe.   The Netherlands is ranked as one of the most wired countries in the world, because of dynamic communications, e-commerce boom and outsourcing; but although the quality of transport and high speed Internet, cable communications network is fantabulous, the railway and road density thousand citizens is relatively low. Total government spending on rail, harbor, road and airport infrastructure improvements is one of top priorities and this plan is estimated to cost a total of à ¢Ã¢â‚¬Å¡Ã‚ ¬37 billion. Highly qualified workforce The Netherlands labour market predominantly consists of highly educated and competent workers. Dutch prof

One Scary Night :: essays research papers

The One Scary Night Once upon a time there was a girl and a boy that lived in a small town of Roughville. They were best friends. They did every thing together – sleep, eat, just everything. There were about 700 people in the Roughville. Most of which were hard workers in the town next to Roughville. This is was where all the businesses were located and most of the people worked there. So most of the times they were left alone with the caregiver. Jack and Katie usually got up around 9 o’clock to go and see what Katie was up to and they would got outside and play at the woods over by the end of town. One day during the summer they went on there usually route and went into the wood. Walking around having a good time they heard a weird noise and all of a sudden stop and shut up trying not to make a noise. After they stopped and listen to what they heard they heard a man talking sometime. But who every the other person was didn’t make a sound but some type of deep slow whisper but it wa s not English. Then they heard the noise start walking again but this time walking straight towards them. So they ran there fastest to their house and ran to their room and started talking about was happen. Jack’s caregivers LaKisha came into the room and ask what was going on coming in the house and running straight towards your room. â€Å" What is wrong,† said LaKisha. Then Jack and Katie started to tell what happen and LaKisha didn’t believe was they were saying and told them not to lie and not to go back in the woods ever again. So later that day Jack and Katie when back into the woods to look around to see if they could find any clues so they could show LaKisha. Walking around in the bushes Jack thought he saw something up ahead. He stopped and told Katie what was going on. She said that she saw it too. So they both walked up to what they saw and as they got closer and closer they saw that it was a old rusted and beat up house. So they went up to the house and looked around to see what was in the house. They couldn’t see any thing and it was getting dark outside and they started to leave and they would come back another time. One Scary Night :: essays research papers The One Scary Night Once upon a time there was a girl and a boy that lived in a small town of Roughville. They were best friends. They did every thing together – sleep, eat, just everything. There were about 700 people in the Roughville. Most of which were hard workers in the town next to Roughville. This is was where all the businesses were located and most of the people worked there. So most of the times they were left alone with the caregiver. Jack and Katie usually got up around 9 o’clock to go and see what Katie was up to and they would got outside and play at the woods over by the end of town. One day during the summer they went on there usually route and went into the wood. Walking around having a good time they heard a weird noise and all of a sudden stop and shut up trying not to make a noise. After they stopped and listen to what they heard they heard a man talking sometime. But who every the other person was didn’t make a sound but some type of deep slow whisper but it wa s not English. Then they heard the noise start walking again but this time walking straight towards them. So they ran there fastest to their house and ran to their room and started talking about was happen. Jack’s caregivers LaKisha came into the room and ask what was going on coming in the house and running straight towards your room. â€Å" What is wrong,† said LaKisha. Then Jack and Katie started to tell what happen and LaKisha didn’t believe was they were saying and told them not to lie and not to go back in the woods ever again. So later that day Jack and Katie when back into the woods to look around to see if they could find any clues so they could show LaKisha. Walking around in the bushes Jack thought he saw something up ahead. He stopped and told Katie what was going on. She said that she saw it too. So they both walked up to what they saw and as they got closer and closer they saw that it was a old rusted and beat up house. So they went up to the house and looked around to see what was in the house. They couldn’t see any thing and it was getting dark outside and they started to leave and they would come back another time.