ECONOMICS FOR GLOBAL BUSINESS Essay Example | Topics and Well Written Essays - 1250 words

ECONOMICS FOR GLOBAL BUSINESS - Essay Example The general prognosis is that even though the Irish economy had in the recent past undergone a massive cratering, it has been on a slow but steady path towards sustained growth. The fact that it is ranked so highly in terms of economic freedom augurs well for the general condition of the Irish economy. That freedom, it is said, is based on a stable legal climate that has a deep tradition of respecting rights related to property, as well as a regulatory environment that is conducive to openness in business as well as in terms of supporting Ireland’s efforts to make its economy competitive in the global economic arena (The Heritage Foundation 2012). That general climate is characterized by several key strengths in key areas such as the rule of law, the role of government, efficiency in regulation, and openness of markets. The legal environment, for one is said to be robust and stable, with Ireland having the reputation of having one of the most stringent regimes for the protecti on of intellectual property rights, as well as in the securing and honoring of contracts. Moreover, the regard for law extends to a low level of corruption in the country, making the country a favorable destination for those wanting to deal with a clean and honest government. Meanwhile, as far as government is concerned, its recent levels of spending have been cited to reach a total of close to 50 percent of the country’s Gross Domestic Product or GDP, resulting in the ballooning of the country’s deficit. The level of public debt of the country, as a result also, has reached levels equal to about 90 percent of the country’s GDP. The government has come to impose a tax on all business activities amounting to about 28 percent of the GDP, with income taxes at 41 percent, corporate taxes at 12.5 percent, and consumption taxes making up a substantial portion of total tax revenues as well, in the form of VAT and taxes on capital gains. Meanwhile, the government is sai d to have done well keeping monetary policies relatively stable, while at the same time fixing macroeconomics so that costs of labor are reasonable, costs of business establishment are minimal, and red tape associated with the conduct of business likewise being considered minimal. In terms of market openness, meanwhile, the facts are that tariff rates for products entering Ireland have been considered lower in comparison to other EU states, even as barriers that are not related to tariff are substantial, and somewhat negate the lower tariff regime in the country. Investors are treated relatively with parity regardless of whether investors are local or foreign, in an environment where the Irish government seems to have done well to make the investment climate efficient. The recent past has seen the country cave in because of the financial crisis tied to the property bubble there and elsewhere, as the banking system in Ireland had been similarly overexposed alongside banks in the othe r EU states, but as of 2012 the banks have been noted to have achieved a certain level of capitalization

Answer both parts Essay Example | Topics and Well Written Essays - 1000 words

Answer both parts - Essay Example is worthwhile to bring in some free press which would completely rely on the happenings in the society rather than some business news and health updates which can be worthless to the American public. According to ( Hegdon 70 ) â€Å"Abusing a human being is not easy to do; consenting to do it is not something that comes naturally†. Now the issue here is not easy to understand .The author is trying to justify the reason for the harassing among criminals in Guantanamo and it is not easy to defy the author. We know that the prisoners in Guantanamo are not innocent people and bringing out the truth from these vicious criminals is not an easy task. The interrogation and abusing is a part of prison life and it is the way to bring justice to the countrymen. It is shocking to know that these prisoners deserve such abuses but this is the only way the truth will come to surface. Human right is not an aspect which is alien to people of the 21st century .We are humans and we do have the right to live on earth like any other person. Human rights have been a controversial issue since man has civilized. Generally speaking, the human rights issue covers many subjects and it is still an evolving phenomenon. Why is human right a crucial subject? It is because human have varied culture, race, sexual orientation and religion and all these factors need to be considered when one talks about human rights issue. The human right law in American and Africa is not same and to understand the differences it is important to understand what it means to be a human. Human rights give freedom to individual as he has free will and with human rights alone can one nurture a democratic nation. (Thesis) a) Human rights mean no discrimination and this means there is freedom for people to live on their planet which they own. Frankly speaking, human beings have free will and he can only conduct his life on earth with ample freedom. Everyone, despite of their color, gender or race has complete right to

About humanity Essay Example | Topics and Well Written Essays - 1500 words

About humanity - Essay Example The main reason that heroes from these two different cultures are so different is because of the vastly differing views in the afterlife. To demonstrate these differences, we can examine Achilles and Sir Gawain, two exemplary heroes from their own specific eras. In Homer’s Iliad, Achilles was the greatest warrior of the Trojan War. His decisions to fight and to not fight turned the entire tide of the entire war. Often times, though, people of today have a hard time accepting Achilles’ place as a great hero. He was prideful, thirsted for glory, did not seem to act with much integrity, and seemed to have abandoned his comrades for a time. However, it is pridefulness and thirst for glory that made him a hero in ancient Greek ties. This is because to the Greeks, the vision of the afterlife was one where people basically disappeared into the underworld. In order for people to earn some sort of immortality, they had to do something so great that they would be remembered as a great hero for all time. This is why Achilles was such a great hero to the Greeks. Achilles was by far the greatest warrior of the Trojan war. No other warriors came as close to slaying as many enemies as he did. When he decided to not participate in the war, the Trojans felt a certain amount of certainty that they could win. After Patroclus’ death, Achilles lets out a great cry, signaling his return to the battle: â€Å"The great sound shocked the Trojans/ into tumult, as a trumpet blown/ by a savage foe shocks an encircled town,/ so harsh and clarion was Achilles’ cry† (6. 251-254). So great was Achilles’ strength that just the sound of his voice alone was enough to send terror through the Trojans. This even more than examples of his fierceness in battle shows the extent of Achilles’ reputation. In this comparison, Homer is stating that the sound of Achilles’ voice is comparable to what a town

Organizational Diagnosis Term Paper Example | Topics and Well Written Essays - 750 words

Organizational Diagnosis - Term Paper Example The obtained results are instrumental in devising solutions. As organizations are increasing around the globe, they are creating more opportunities for organizational problems. According to Papadopoulos (2009), increasing organizations make the organizational owners and managers to encounter different conflicts with their employees and different issues; thus, negatively affecting the productivity of an organization. However, it is imperative for such managers to consider conducting organizational analysis to ensure that every organizational subsystem is functioning effectively, increasing the effectiveness of an organization. Possible issues that might occur in an organization and their preventive measures Different organizations around the globe face many issues that affect their effectiveness; hence, distorting their productivity. Therefore, this paper will draw attention on these issues. Firstly, information security is a major issue to most organizations. Information insecurity h as turned out to me a major problem affecting most organizations since most of the current organizations rely on information technology in their operations. The threats and ferociousness involved in technology have made the protection of organizational private information to be a challenge. This has resulted into other companies hacking vital information concerning their competitor negatively interfering with them (Daft, 2010). In addition, the company managers also control the employees’ personal information denying them freedom to privacy. For example, there are some organizations, which manage the private information of their employees by accessing their emails, Facebook accounts and their communications on phone information. It is important for organizations to train their employees on information security for them to prevent hacking of their organizational private information. The organizations should also ensure that they form a key password for the organizational infor mation to prevent other competing organizations from interfering with their organizational privacy. In addition, organizational managers should ensure that they balance the employees’ freedom and privacy, while at the work place when it comes to managing their personal information. For example, there are some organizations, which take control of all their employees’ personal information by monitoring how they communicate through emails while at work, as well as their computers and other accounts (Daft, 2010). Therefore, it is important for organizations to possess privacy rights hence considering potential issues on employee privacy and autonomy among employees. Secondly, most of the problems in the current organizations arise due to communication problems amongst employees. Consequently, such problems results into dissimilar negative effects such as lowering employees’ productivity, job turn over and other activities within an organization. Poor communication i s a barrier to any organization’s productivity because good communication increases productivity by enabling employees to share ideas, point out potential problems and create an environment that can solve dissimilar issues within an organization. According to Ziegenfuss (2002), good communication process in an organization, results to less problems and conflicts. In order for organizations

Reflective skills essay Example | Topics and Well Written Essays - 2500 words

Reflective skills - Essay Example The basic thing needed to nourish the therapist-client relationship is respect. The therapist must respect the patient in whatever the state he is in. He should be honest and straightforward. He must also take patient’s informed consent about the treatment. Informed Consent is about having the capable patient take part in making decisions about his healthcare and treatment process (Wear, 1992). The therapist has to guide some ethical principles in his practice to be able to hold the client. Rainbow (2002) describes that these ethical principles include: Physicians should stick to their responsibilities when they are facing a dilemma in making ethical decisions. This will help them to make consistent decisions while adhering to their ethical obligations. All of the above mentioned principles and theories help in developing strong bond between the therapist and the client. When the client knows that the therapist will protect his privacy, respect his autonomy, and will make ethical decisions about his health, he will naturally want to share all his health related problems with the therapist and will want to participate in the decision-making process. This fastens up the recovery process and guarantees patient compliance with the treatment. Transference is a therapeutic process in which the patient transfers his feelings to the therapist, the feelings which arise because of inappropriate relationships in the past and which can help the therapist in understanding the patient’s present condition (Bauer, 1994). It is known as a very important part of psychoanalytic treatment in which the patient transfers his attitudes and feelings linked with some significant others, to the therapist, and the patient in turn gains an insight into the present distortions in his life by looking at past disturbances in the relationships which may have remained hidden or inactive in his memory. In the therapy session, I had to deal

International Business Research Paper Example | Topics and Well Written Essays - 1000 words - 2

International Business - Research Paper Example As per Avon's global strategy it is imperative to sell directly to individual consumers and the product's brand names can be changed in accordance with the cultural environment of different countries but the global brand name will be their primary identification. Avon allows every branch or subsidiary to set its own competitive prices in response to their local market conditions and the inter-country transfer of learning, resources and practices. 1. Your reading assignment for this unit describes different marketing orientations. Discuss the applicability of each to Avon’s international operations. Production, sales, customer, strategic marketing, and social marketing are the most common marketing orientations. Avon uses a mix of customer, strategic marketing and social marketing orientations in its global marketing strategy. Avon is basically a customer oriented company which allows product modifications as per country-specific or customer-specific requirements. As a part of its social marketing campaign to support women, Avon started its social awareness programs like fighting against domestic violence and breast cancer. Avon also introduced insect-repellent skin creams in South American countries. The company also took an innovative step in its distribution method in China to appropriately implement its strategic marketing orientation. 2. Why is Avon so much more dependent on its foreign operations than on its home (U.S.) operations? The strategy of going global was based on a primary fact that there will be more chances of profitability if you could access more customers. The basic reason of exporting is to increase the profitability of business either to explore new markets or to get rid of local heavy competition. Avon had both. The selling model developed by Avon that is in accordance with the nature of their products is not much suitable for the women in United States. As a large number of women are engaged in full time jobs, it will be difficult to access them through direct selling model. 3. Discuss socioeconomic and demographic changes that could affect Avon. Avon has a specific sales model that is line with its business model and the nature of products it is selling. However in order to make the business profitable, it is necessary to understand the socioeconomic and demographic trends of the country. In United States, the availability of women is a major issue. Avon needs part time sales force to implement its sales model effectively with a low labor cost. The unavailability of women affects the volume of sales because there will be fewer candidates willing to take the part time sales representative job and also there will be fewer women to meet those representatives to buy the products. 4. How might a global recession, such as the one that began in 2008, impact Avon’s operations? Going global is a risky decision as the economic recession can affect the profitability of a global company more than a local company . Some portion of operating cost of global operations is fixed in nature and can not be avoided like legal formalities of each country. Global recession also affects the purchasing power of customers and they are now more focused on the usability of the products they purchased. In this situation, companies are focusing on modifying their business strategies to deliver products with more functions with an economic price in order to satisfy the

Management Accounting Essay Example | Topics and Well Written Essays - 1500 words - 6

Management Accounting - Essay Example The cost of each Renault car is  £ 12,000 (Crosson, 2011). The company’s expenses will include fixed expenses and variable expenses (Noreen, 2008). On the other hand, the company pays for variable expenses. The variable expenses fluctuate or change in the same direction as the car revenues (DuBrin, 2009). Comparison with Competitor’s Price. The above Table 1 information shows sales prices are pegged on the Skoda car competitor’s selling prices. The above table indicates that the company’s Skoda selling price is lower than the competitor’s car selling price in order to increase customer demand for the Skoda (Hartline, 2011). In the same manner, the company is selling its Renault car at a selling price that is lower than the competitor’s selling price. The lower price is a marketing strategy to increase revenues (Buttle, 2009). Since the prices are lower, the company expects to generate high Skoda and Renault car revenues (UKCardiscount, 2012 ). In addition, the above table 2 data indicates the sales prices of the company’s Renault car in relation to the competitor’s selling price (Chandler, 2011). The above table indicates that the current and future customers can save more money if they purchase the company’s lower priced Renault car, when compared to purchasing the competitor’s car (UKCardiscount, 2012). Further, the table 3 data clearly shows the company’s fixed expenses (Glencoe, 2011). The fixed expenses include the flat rent, electricity, water, telephone, garbage, and other expenses (Levine, 2008). The increase in the car sales normally does not significantly influence the fixed expenses. The fixed expenses are period expenses (City-data, 2012). Furthermore, the table 4 statistical data clearly shows the company’s variable expenses. When the sales increase, the variable expenses also increase (Miltenburg, 2005). In the same manner, when the sales decline from one accounting period to