The United States Of America - 1448 Words

Countries like the United States of America or Canada is for many individuals the synonym of prosperity, opportunities and better quality of life, based on the economic power and lifestyle that is perceived by the general population. This situation has generated that people from third world countries such as Latin American countries immigrate to achieved the â€Å"American Dream†, this means having the possibility of a better life for them and their families. Although, the majority of the immigrants choose the USA over other countries to achieved this dream for either its location or its reputation and â€Å"is woven into the fabric of American history and culture† (Hilfinger, Morris and Boyle, 2014). However, the â€Å"American Dream† is not always†¦show more content†¦In 1970, the political system of some Latin America countries such as Costa Rica o Colombia was democracy while in other countries was an authoritarian system (Hiskey and Orces, 2010). In the twenty first century this situation had change in most of the Latin American countries since they have democratic structures with the exception of Cuba; however, in some of these countries, the levels of freedom have decrease (Hiskey and Orces – 2010), this means that they might have less possibilities for citizens to express their opinions freely such as Venezuela. These changes have an influence in the emigration patterns, for example, situations like the rising of Castro in Cuba or Evo Morales in Bolivia can defined the number and type of citizens leaving their own countries based on the fear they may have on their and the countries wellbeing (Hiskey and Orces, 2010). However, researches have not define how significant have to be the change but they estimate that it may cause a significant change in the political and economic situation. Additionally they have identify that the magnitude of the changes may define the sector of society who will be leaved base on how thi s changes impact may influence them (Hiskey and Orces, 2010). Moreover, the U.S. immigration policies has causes â€Å"conflicted and contradictory tendencies† that generates interests in the country but

Essay On The Lion King - 1736 Words

Walt Disney’s The Lion King is a legendary film even after its release almost twenty years ago, in 1994. (Disney). This film is easily the best animated feature of its kind; from the musical score to the animation to the memorable characters this film is an instant classic. The film is an animated fantasy adventure that spins the tale of a young lion cub named, Simba, who is the young prince of the lion pride. Simba is betrayed by his uncle, Scar, and runs into the wilderness after his father’s murder. The comical antics of his adopted family, Timone and Pumbaa make the film funny and the seriousness of Scar’s betrayal adds some drama to the film. The film is directed by Roger Allers and Rob Minkoff. (Disney). The Lion King boasts an†¦show more content†¦Ã¢â‚¬ ¢ Zazu is voiced by Ellen Woodbury. Woodbury brought a controlling but caring presence to the film. †¢ Banzai is voiced by Cheech Marin. Even without his partner in crime, Cheech brought a comedic twist to the henchmen of Scar. †¢ Shenzi is voiced by Whoopi Goldberg. Whoopi’s fast quips and thinking made her the instant leader of a pack of not too bright hyenas. †¢ Rafiki is voiced by Robert Guillame. (Disney). (AFI). The Lion King is a â€Å"fall and rise† story of the lion cub Simba, the future king of the Pride Rock, as he tries live up to his father’s expectations of being a good king. Simba’s father, Mufasa, is tragically killed in a plot by his brother, Scar, and his hyena henchmen in an attempt to rescue Simba from a stampede created by Scar. This hints at the meaning of this film which is the love between father and son. Upon Mufasa’s death Simba partly feeling responsible flees his kingdom to hide from his family and his obligations as the new king. While Simba is away Scar rules Pride Rock and slowly destroys the kingdom with his poor leadership. While in the wilderness Simba meets Timon, the mere cat, and Pumbaa, the warthog, and finds himself living a carefree life away from his past. Time passes quickly as Simba grows up in the wild with his new-found friends until childhood friend, Nala, finds him and reminds him of his responsibility as the king of Pride Rock. Simba returns to find his old home inShow MoreRelatedThe Lion King Essay Outline1403 Words   |  6 PagesLion King Hero Essay Outline p1 Introduction Summary of The Lion King: In the Disney animation loved by families everywhere, The Lion King, Simba, the young lion born into royalty. His parents have high expectation and have strict boundaries. The Lion King follows Simba as he explores the plains of Africa and stirs up trouble with his uncle, Scar. Thesis: Simba proves himself a hero throughout the story by taking on an adventure that would soon lead him to becoming the King of the Pride Land.Read More The Lion King Essay716 Words   |  3 PagesThe Lion King last week, and the first few words that come to my mind are: â€Å"amazing,† â€Å"stunning,† and â€Å"unbelievable!† My expectations were met, as my eyes grew wider with the bright, colorful lights, breath taking costumes, and the superb music of the first scene. I was a little unsure at first, wondering how in the world Disney was going to manage putting a film starring non-human characters, and animated ones at that, onto a three-dimensional stage. Disney never ceases to amaze me. The Lion KingRead MoreLion King Allusion Essay1218 Words   |  5 PagesThe timeless movie â€Å"The Lion King†, directed by Rob Minkoff and Roger Allers, contains many thematic biblical allusions and allegories. To start off, even the characters in the movie hav e similarities to characters from biblical texts; Simba as Moses, Scar as Cain, and (possibly) Timon as Moses’s father-in-law Jethro (the similarities between the two characters previously mentioned are that both Jethro and Timon found, rescued, and raised Moses/Simba). Furthermore, there are three more examples,Read MoreEssay on A Review for â€Å"The Lion King†1188 Words   |  5 PagesIt is amazing how a seemingly educated woman that has won Oscar awards for her documentaries, could possibly be so far off base in her review of the Disney movie â€Å"The Lion King†. Margaret Lazarus has taken a movie made for the entertainment of children and turned it into something that is racist, sexist and stereotypes gender roles. She uses many personal arguments to review the movie but offers few solutions. The author is well organized but she lacks alternate points of view and does not use adequateRead MoreLion King the Musical Essay659 Words   |  3 PagesLion King: The Musical The original Disney cartoon of a lion cub blamed for his fathers death has been remade into a Broadway musical acclaimed all over the world. Seen by over twenty five million people in over 15 thousand performances this intricately designed wonder has taken over 37 thousand hours just to build the puppets and masks. Julie Taymor the director and costume designer was faced with a problem of whether to create humans or animals playing the part and she decided to make masksRead More Lion King Evaluation Essay753 Words   |  4 Pages Lion King Evaluation The Lion King is a drawn animation about a lion cub, whose father is the king of a Pride Land, who is murdered by his brother and then the lion cub that is now to be king is forced to leave his Pride Land by his fathers brother. He then manages to find refuge and friends in a jungle where he grows up, until one day, when he meets an old friend, who he falls in love with and then he returns to his Pride Land to claim what is rightfully his from hisRead MoreDisneys The Lion King Essay966 Words   |  4 PagesThe Lion King â€Å"Everything you see exists together in a delicate balance. As king, you need to understand that balance, and respect all the creatures from the crawling ant to the leaping antelope,† said Mufasa, a supporting character in the film depiction of Walt Disney’s: The Lion King (1994). The Lion King is a timeless archetypal work that time after time has given youth hope and has shown them that courage is not always innate, but can be learned from just living life with a little â€Å"hakuna matata†Read More lion king the musical Essay606 Words   |  3 Pages Lion King: The Musical nbsp;nbsp;nbsp;nbsp;nbsp;The original Disney cartoon of a lion cub blamed for his father’s death has been remade into a Broadway musical acclaimed all over the world. Seen by over twenty five million people in over 15 thousand performances this intricately designed wonder has taken over 37 thousand hours just to build the puppets and masks. Julie Taymor the director and costume designer was faced with a problem of whether to create humans or animals playing the partRead MorePhilosophy in the Lion King Essay954 Words   |  4 Pagesof The Lion King The Lion King is a classic movie, beloved by many. On the surface, this movie seems to be a light-hearted, carefree tale of a lion cub’s journey to justice. However, on taking a deeper look, one finds that the tale consists of conflicting worldviews and philosophies, while presenting the idea of destiny. But which religions and philosophies is it portraying? Let us take a closer look. Some would argue that Christianity is the mainly presented religion in the Lion King. After studyingRead MorePersuasive Essay On The Lion King869 Words   |  4 Pages Reid, Veronique Reid 1 Professor Fountain English 1301 25 September, 2017 The Disney King Being that a live action version of The Lion King is soon to come, it would be inappropriate to not take a look back at Disney classic. The movie discussed topics that many children had never learned; which helped change the perspective of Disney forever. Along with a new perspective

International Business for Automotive Company- myassignmenthelp.com

Question: Toyota decided to manufacture its products in ASEAN countries. What factors do you think Toyota considered in selecting ASEAN countries as the site for the factory? Who benefits and who loses from the new plant in ASEAN? Is the firm's decision consistent with OLMA model? Answer: Toyota is a multinational company dealing in the manufacturing and distribution of cars, buses, robots and trucks. It has its headquarters in Japan, specifically Toyota city. Toyota boasts of its record to be the first auto producer to manufacture ten million automobiles per year, in the world that produces cars, trucks, buses and robots, with headquarters in Toyota City, Japan. Toyota as a global automotive company is looking into discovering and establishing new markets for its products. ASEAN is an acronym that stands for Association of Southeast Asian Countries. It was established in 1967 on the 8th of August. Since the onset of the association, its membership has grown to a total of 19 countries. The major countries of ASEAN are Singapore, Thailand, Malaysia and Indonesia. The aims and objectives of ASEAN go hand in hand with the principles of cooperation and equality. These goals and purposes are responsible for the growth of the region's economy and the promotion of cultural development and social progress. The resultant goal is to establish prosperity, peace, and stability among communities in the nations represented by the Association. Toyota Company runs by the business philosophy of stable and growth that is long term (Tomas, 2013). It aims to achieve its philosophy by engaging in activities that are keen on establishing and maintaining relationships between individuals, society, world economy and the global environment. ASEAN offers three key benefits. These advantages are; Low rates of car ownership, a high rate of population and increasing disposable incomes (Wicaksono, 2007). Thailand and Indonesia are envisioned as countries with high potential in ASEAN. Toyota goes into the ASEAN market with what would favor its strategy. The target market in ASEAN countries shares a common vision with Toyota. On Top of the shared vision, products from Toyota are affordable, that is to mean they are within the purchasing power of the customers in the region compared to those from any European country. The increase in sales of Toyota branded vehicles is out rightly high in ASEAN countries. The cultural backgrounds and setting of most ASEAN citizens are close to those in Japan. The cultural similarities make it easy for Toyota to manage its operations in the bloc. The icing on the cake is the trade agreement that exists between Asian countries. The integration is partly responsible for the smooth operations of To yota. The following are the reasons for selection of ASEAN as a site for a factory; Leading Market Since the entry of Toyota into Indonesia, more than 40 years ago, the model has been the first seller. Toyota has a percentage of about 37% or more in the Indonesian market share ("1.2. Indonesias long-term growth performance). Free Trade ASEAN has an arrangement or policy of free market with several member countries (Wattanapruttipaisan, 2003). Some of these nations are Korea, Japan, China, Thailand, India, Australia, New Zealand among others. The presence of this free trade policy, coupled up with affordable facilities of low costs make Indonesia an attractive site for exports. To meet growing demand for its cars, Toyota could have its cars imported to Thailand from Indonesia very easily. The market in Thailand is created by the political unrest that is going on. Toyota could take the option of a cut on production. The low rate of car ownership and the increase in disposable income. The ASEAN region provides an opportunity for Toyota to increase its capacity of production. To meet the growing demand for its products, Toyota has to expand. This opportunity for growth provides a basis for investing in the region ("Emerging Markets of Asia,"). In Indonesia alone, Toyota grew by a margin of 10.2% per year in the sale of automotive. This percentage translates to about 1.22 million units in the year 3013. The overall GDP of Indonesia is growing immensely. The same growth case applies to its disposable income. The two, are indicators that the Indonesian population will have more finances and possible spend on items such as new cars. Increased Popularity of Eco-friendly Autos. There is an increased campaign for eco-friendly vehicles that has spread its popularity across the Indonesian nation. This populace has been attributed to the tax incentive given. The government of Indonesia introduced a low-cost green car program so as to encourage production of environmentally friendly cars and also to aid in the reduction of gasoline dependency. Toyota is a big player in the green revolution investment in Indonesia. The presence of Toyota is evidenced by the launch of the Agya model. Agya impressively took over the Indonesian Losers and Gainers The above points seem to indicate profits towards Toyota. Inculcating this new strategy will work positively for Toyota and ensure the rising of its profit margins. The citizens in ASEAN nation are a great market for Toyota products, and their purchases will only result in high-profit margins for the automobile company. ASEAN governments benefit from the establishment of this factory site. Toyota will have to pay the states regarding taxes and revenues. Taxes and income will increase the income earned by the ASEAN governments. The other gainers are the citizens themselves. Given their income, Toyota offers vehicles that are within their range of affordability. The citizens are gaining through affordable cars to make their lives easier. The principal losers from the employment of the business strategy will be the competing companies. The competitors, mainly European auto companies will inevitably experience losses. European manufactured cars are quite pricey in comparison to cars produced by Toyota. A majority of the ASEAN population are of middle-level income. It goes without question that the majority of them will find Toyota more affordable and purchase their vehicle. European cars will have a deteriorating market that will be replaced slowly by slowly. Restoring European cars might take time followed by some difficulties. However, if Toyota employs some new methods and technologies, it might eventually take over completely and win the ASEAN market. The result of this replacement puts ASEAN nations as a primary contributor to Toyota's profits. Consistence with the OLMA Model. O for the advantages of ownership of a firm indicates the person or company that is going to invest abroad or carry out any other international activity (Dunning, 1993:142). The ability of a firm to compete in different spaces lies in its competitive advantage (ownership advantage). The profits accrued from property take the stead of additional costs that come with setting up in a foreign nation. Domestic users do not enjoy this. Toyota happens to have a strong competitive advantage in comparison to the European producers. The proximity to culture is one such factor. The other is its popularity among ASEAN citizens due to the affordability of its products. L for location influences where to produce. (Dunning, 1993:143). MNEs, in this case, Toyota, will take the option of investing abroad when it would benefit them to take the products from their home country which are transferable and combine them with some immobile factors unique to the foreign nation. Some locational factors might be taxes and exchange rate policies, geographical factors, availability or patent system. Looking at reasons as to why Toyota chose ASEAN as a site, all the factors above come into play which points to the consistency of Toyota with the model. M is for the mode of entry. The method of entry gives the researchers the chance to give a distinction between factors that affect the different means of entry into different nations. An is the adaptation of the corporations operations to the environment that is the International business scene. Adaptations build on the institutional theory. Guisinger (2001:266) suggests that there should be a distinction that is widely compelling between a foreign entrant and the residential component of the environment. The introduction of eco-friendly affordable automobiles is that compelling factor for Toyota. References 1.2. Indonesias long-term growth performance. (n.d.). doi:10.1787/414540160708 Bibliography. (n.d.). The Automobile Industry since 1945. doi:10.4159/harvard.9780674593695.c18 Emerging Markets of Asia. (n.d.). Doing Business in Emerging Markets: Entry and Negotiation Strategies, 161-204. doi:10.4135/9781483328720.n8 Pomeroy,L. (1946). The Performance of European Economy Cars. doi:10.4271/460090 Tomas,C.M. (2013). Recalling Toyota. Emerald Emerging Markets Case Studies, 3(5), 1-10. doi:10.1108/eemcs-10-2013-0198 Wattanapruttipaisan,T. (2003). ASEANChina Free Trade Area: Advantages, Challenges, and Implications for the Newer ASEAN Member Countries. Asean Economic Bulletin, 20(1), 31-48. doi:10.1355/ae20-1c Wicaksono,A. (2007). Think ASEAN! : Rethinking Marketing toward ASEAN Community 2015. Asean Economic Bulletin, 24(2), 278-280. doi:10.1355/ae24-2h Olma,S. (2012). Creative industries. The Wiley-Blackwell Encyclopedia of Globalization. doi:10.1002/9780470670590.wbeog118

Legal Aspects of International Trade and Enterprise

Question: Describe about the Legal Aspects of International Trade and Enterprise. Answer: Introduction The multinational companies play a significant role in ensuring that they market their products to various regions and countries. They control the production of the commodities in different countries other than the home country. The management is very organized to ensure that all the operations run smoothly and the clients are served well. The branches are vital to cater for the customers and also increase the income generated. It is the duty of the managers to ensure that they undertake their responsibilities well for the success of the company. The headquarters of the corporation handles all the processes and the challenges affecting the branches. The management of every branch is required to report the progress of the organization from time to time to the headquarters. It ensures that there is good flow of communication and the challenges arising are addressed accordingly. The company is required to make sure it does go against the laws and regulations of a particular country. The y are expected to comply with the rules and also pay up taxes as stipulated by the law. The failure will lead to the ban of carrying out the business in the country by the court of law or else face heavy fines. The discussion outlines about the RioTinto multinational company. RioTinto The company is leading global mining group that is focused on finding, mining and the processing of various earths mineral resources. The primary goal of the institution is delivering strong and sustainable shareholder returns from the various projects that it undertakes. It deals with the operations that are expandable and of low cost throughout the lifecycle. The organization has a disciplined approach that is long term to ensure it serves its clients to the best. In addition to that, the corporation has over 55,000 strong workforces that help in the running of the operations in over forty countries. It is a powerful team that is highly committed in ensuring that all the tasks run smoothly (Birkinshaw, 2003). The extraction of the mineral resources is very risk and maximum safety measures are put in place to ensure the employees are safe at all times. The safety of the workers is the primary concern of the organization. The management also fosters a culture of innovation that ensur es the employees and other staff members are proud to achieve and learning new things from time to time. The RioTinto Company is headquartered in the United Kingdom and is comprised of the Rio Tinto plc that is in London and New York Stock Exchange listed corporation. The Rio Tinto Limited is also among the group and is listed on the Australian Securities Exchange. Moreover, it is highly represented in Australia and North America, and various enterprises in Asia, Europe, Africa and South America (Cullen Parboteeah, 2010). The global presence of the corporation makes it get more customers and therefore generating more income to run its activities. The expertise in technology and marketing strategies helps the business to supply the quality products at the required time. The organization businesses comprises of open pit and underground mines, mills, refineries, smelters and power stations that have a reliable hydropower portfolio (Heidenriech, 2012). In addition to that, it has various research and service facilities that help the professionals come up with conclusions regarding a particular entity. It also owns and operates various infrastructures that deliver the commodities to the clients such as the railways, ports and ships (Gabel Bruner, 2003). The corporation supplies metals and minerals that assist the world in its growth. The major products include aluminum, copper, diamonds, iron, gold, coal, uranium and industrial minerals such as titanium dioxide, salt and borates. The metals and minerals a re transformed to the end products that contribute to the high living standards and economic development. The fundamental infrastructures of the cities are aided by the iron ore that is mined by the organization. Moreover, it has helped in the creation of the smartphones through the provision of the copper and borates and the world gets connected. The other industries such as communication transport and many others rely on the metals and minerals produced and supplied by the Rio Tinto Company. On the other hand, it ensures the protection of the environment while undertaking its activities. It is important to preserve it so as to protect the lives of the people and other living organisms (Hitt et al, 2013). The vision of the organization is to be admired and be given the respect it deserves by delivering superior value. The operations it undertakes gives the opportunity to create mutual benefit with the regions and communities they operate in. The metals and minerals are transformed to products that help in improving the standards of living. It also faces various challenges such as resource scarcity, climate changes, economic development and community employment (Munck, 2004). The organization does it best to overcome the challenges and view them as opportunities for them to progress. The corporation strives to achieve the sustainable development goals by working with the partners and the society on the ground (Kaplan, 2008). Regulatory Frameworks Affecting Rio Tinto in Australia The multinational company Rio Tinto faces the challenge of the strict environmental Acts that were formed by the Australian government. The organization utilizes the natural resources that highly cause the environmental pollution. The impact that the company has on the environment has to be regulated by the laws stipulated by the government and it highly affects the production of the company (Ramburth et al, 2013). In addition to that, the protection of the environment operations Act 1997 governs the environment pollution extent in the state and all the companies must adhere to the rule and regulations. On the other hand, the POEO Acts comprise of the Clean Air Act 1961, Clean Water Act 1970, Pollution Control Act 1970, and Environmental Offenses and Penalties Act 1989. The corporations operating in Australia must adhere to the laws or else face big penalties for violating them. In other countries the environmental acts are not that strict and the companies operate smoothly without a ny complications. The corporations have to be conversant with the environmental laws for one to make more profits. The failure to follow the laws the company may face heavy penalties or lose their license to operate. It is major reason why the organizations that deal with the products that cause pollution to the environment avoid the state. The Rio Tinto Company has to limit its production that may cause environmental pollution or hence face penalties. The situation often affects the general income of the Rio Tinto organization due to the limitations of the government on environment issues (Rankin, 2011). In addition to that, the Australian government imposes high tax on the multinational corporation as high as thirty percent. The higher taxes tend to discourage the corporations from operating in the state. The imposed taxes have a great negative impact on the income generated by the company. They end up earning low profits as they have to pay up the taxes as required by the government. On the other hand, they are limited by the environmental acts and they cannot go against them or else face heavy penalties. They must ensure that their production of the products does not interfere with the set laws. It makes the situation hard for the company as some mining processes may end up polluting the environment and later face the full force of the law (Evers, 2013). It is the duty of the management of the company to comply with the set laws to ensure it runs it activities in the country smoothly. The Australian government ensures the protection of its environmental state so as to ensure the c itizens live in a favorable place. The people and the living organisms are vital to the country and the pollution of the environment they exist may pose danger to them. Therefore, every multinational company must follow the laws stipulated by the government for them to operate smoothly. It will be hard for them to earn profits if they fail to comply as heavy fines will be imposed on them. The restrictions in carrying out business make it difficult for them to expand and generate income due to their production of the products that mostly pollute the environment (Rankin, 2011). Treaties and Agreements Impacts on the Multinational Company There are various treaties and agreements that have been put in place by the government of Australia to govern the production of goods and services by the multinational companies. There is a treaty between Australia and United States government that allows the two nations to exchange the evidence and assist each others competition law enforcement activities. It ensures that the companies that engage in business in the countries cooperate with the existing ones. On the other hand, the agreement between Australia, Canada and New Zealand regarding consumers was put in place. It ensures that there is coordination and cooperation on the competition that takes place on the products and services supplied by various companies. Moreover, it ensures consumer protection, the exchange of information and also avoiding conflict (Heimert Ceteris, 2010). The organizations should not at any time misuse the privilege given to operate in any foreign country by delivering unfavorable products to the co nsumers. The corporations should offer favorable prices of the products and services they supply to the public. Their marketing strategies should be according to the laws set by the government. However, any violation of the law will lead to heavy penalties or ban in carrying out any business in the state. It is the duty of the management of the corporation to ensure it adheres to the agreements stipulated for their smooth running. The commodities they produce should be in accordance to the agreement set and treaties signed by various countries. The multinational companies should ensure that their pricing of the products and services is favorable to the people. They should also not be harmful to the health of the people and they should always meet the health standards (Enright et al, 2013). Conclusion In conclusion, the Rio Tinto Company has helped in the improvement of the living standards by providing various metals and minerals. On the other hand, they have provided employment to various individuals over a period of many years. Their commitment to their work has helped them be in the market for a long time. Moreover, they have produced quality products to the public and this makes them remain in the market. They have managed to open various branches in several countries so as to generate more income. The Australian regulatory frameworks have made the Rio Tinto face various challenges in their process. The environment acts restricts the pollution of the environment and any organization that does so faces heavy penalties. References Cullen, J. B., Parboteeah, P. (2010).International business: Strategy and the multinational company. New York: Routledge. Heidenreich, M. (2012).Innovation and institutional embeddedness of multinational companies. Cheltenham, U.K: Edward Elgar. Birkinshaw, J. M. (2003).Future of the multinational company. Chichester: John Wiley Sons. Ltd. Gabel, M., Bruner, H. (2003).Global Inc: An atlas of the multinational corporation. New York: New Press. Hitt, M. A., Ireland, R. D., Hoskisson, R. E. (2013).Strategic management: Competitiveness globalization. Mason, OH: South-Western Cengage Learning. Munck, R. (2004).Labour and globalisation: Results and prospects. Liverpool: Liverpool Univ. Press. Ramburuth, P., Stringer, C., Serapio, M. (2013).Dynamics of International Business: Asia-Pacific Business Cases. Cambridge: Cambridge University Press. Kaplan, S. D. (2008).Fixing fragile states: A new paradigm for development. Westport, Conn: Praeger Security International. Evers, S. J. T. M. (2013).Contest for land in Madagascar: Environment, ancestors and development. Leiden [u.a.: Brill. Rankin, W. J. (2011).Minerals, metals and sustainability: Meeting future material needs. Collingwood, Vic: CSIRO Publishing. Enright, M. J., Petty, R. M., John Wiley Sons. (2013).Australia's competitiveness: From lucky country to competitive country. Singapore: John Wiley Sons. Heimert, A. M., Ceteris. (2010).Guide to international transfer law pricing: Law, tax planning and compliance strategies. Alphen aan den Rijn: Kluwer Law International.

Global Business Environment Case Study Essay Example

Global Business Environment Case Study Paper Hamilton and Webster (2009) state that globalization generates opportunities for business to enter new markets, take advantage of differences in the costs and quality of labor and other resources, gain economies of scale and get access to raw materials. Business globalization, or in other words international business, refers to the increased of mobility of services, goods, capital and technology throughout the world. The goods and services created in one location can now be found throughout the world. According to Harrison (2010) globalization is characterized by several aspects: he development of international trades and the creation of the global marketplace lead to the increase over time of international trade and service. Then, production and investment flows are globally organized. Thus, costs are lower and specialist advantages are in different geographical location. Thanks to the technological development, people around the world are more connected and migration is a major feature of the globalization. This later offers them the possibility of moving across national borders. With this migration and the speed with which communication has improved, communication and cultural flows are important. Although globalization can be a real opportunities for companies, it could be also a threat for their development if managers in charge of this expansion have not gathered and analyses all the information they need about the marketplace they are considering. Indeed, they have to be sure they target areas where there is a market opportunity. They also need to be aware of several factors like laws, culture, society habits and other ones that might conflict the business. We will write a custom essay sample on Global Business Environment Case Study specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Global Business Environment Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Global Business Environment Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Over the past 40 years, the Careful Group has grown to become the second worlds largest and the Rupees largest retailer of groceries and consumer odds. During these years, Careful expanded internationally. A pioneer in countries such as Brazil (1975) and China (1 995), Careful operates more than 9,500 stores, which are present in 32 countries across 3 geographic zones: Latin America, Europe and Asia, through 4 main formats: hypermarket, supermarket, cash and carry and convenience stores. (www. Careful. Com). However, Carousers situation is not as good as we can think. Since few years, Careful has been hit by falling profit and drooping sales caused by the uncertain economic environment and strategic missteps. Net profits fell by 4% last year and net sales rose only by 1% to 81. Ban euros. In the first nine months of the year, Carousers total like-for-like sales were down 0. 2% (Latin America is the only region to report an increase in like-for-like sales of 8. 6%). (Carousers press release, 2012). In recent years, Careful has abandoned several countries including Japan, Mexico, Russia and Thailand. These decisions are in line with Carousers new strategy of focusing on geographies and countries in which it holds or aims to develop a leading position. (Carousers press release, 201 2) Mr. Plats took over in May with a rife to reverse years Of underperformed in Carousers European markets (Vidalia, D. 2012). He wants it to pull out of encore markets, cut costs at home in France and give store managers more autonomy. (Misleader, N. 2012). Thus, he has started to refocus on core markets, notably in Europe, Brazil and China. According to Black (201 2), Shore Capital analyst, Careful has been run like a dysfunctional football team, where the owners and the management havent seen eye-to-eye, and that impacts the players on the ground and thats exactly whats happened at Careful. Its important that he represents a period of sustained stability and control of the business, To sum up, Carousers strategic missteps took its toll but like the retailing market, Careful has also been hit by the uncertain economic environment. This paper is going to constitute a fictive internal management report for Careful, analyzing the effects of the external global environment on Carousers business process and strategies. TO do so, a first chapter will provide an outlook of the retailing market allowing understanding what the current situation of this market is, especially in a global context. Then the second chapter will focus on Carousers analyses, to understand to what extent Careful can use its strengths and improve its weaknesses but also take advantage of opportunities and resist threats. Finally, the last chapter will investigate the key challenges and implications of Careful by carrying out a PEST analysis. I. Globalization and Retailing market According to Marcel Correctness and Rajah Ala (2012) retailers want expend globally for several reasons. Common ones include a quest for greater economies of scale and scope, a need to diversify risks, a desire to attract rest talent and create new opportunities for existing leaders, and a need to make up for constraints imposed by regulatory agencies when a retailer becomes too big for its home market. Market overview Between 2007 and 2011, the global retailing industry experienced a moderate compound growth of 4. 3%. (Marketing, 2012). Food and grocery is the largest segment, accounting for 61% of the industry total value, with total revenues of $6,678. 9 in 2011. For comparison, the apparel, luxury goods and accessories segment accounts only for 15. 6% of the industry generated revenues of $1708. 7 billion in 201 1 . (Marketing, 2012). Economists forecast an acceleration of this performance with an increase of 26. 2% since 2011. This expected growth would drive the industry to a value of 313,815. 8 billion by the end of 2016. Surprisingly, despite the economic crisis, 2012 was the fastest growing year for retailing since 1999. And this is due to emerging markets that are performing well. For example, China has seen a 10% growth in its retailing market in 2012. The other factor that contributed to this growth is the growth of Internet retailing. This fastest growing channel grew 20% in 201 2 and now account for 4% of all retail sales globally. This trend is expected to grow and rise 6% by 2017. However, this global growth has to be moderate since there is some inflation to be taken into account. (Late, D. 2012). The other trend that is important to notice is the Middle East and Africans growths. Indeed, these markets surpassed Latin America in 2012, which was one of the markets driving the global growth. Increasing by 14%, they became the fastest growing region. (Remuneration, 2012). According to Daniel Late (2012), unlike in Europe where non-grocery sales suffered of the economic crisis, in the Middle East and Africa, non-grocery sales outperformed grocery sales. Forces driving competition According to Porter (1980), there are 5 forces driving the competition on a market: buyer power, Supplier power, new entrants, threats of substitutes, and degree of rivalry. This model provides a useful framework for analyzing the competitive environment of an industry and thus identify and analyses the main threats that can face Careful. ; Buyer power In a market, there are consumers who have wants and needs, and suppliers who supply their demands. (Heathery and Otter, 2011). Since there are a large amount of customers within the global retailing industry, the consumer power is low. However, because of the economic downturn, consumers are cost conscious and seek value for money, which puts pressure on retailers to deliver products, especially brand product at low cost. In France, the French retailer Lecher has understood this trend and has developed a strategy to make low price its competitive advantage. Thus, thanks to low prices and an aggressive communication campaign, sales in 2012 were up 5%. According to a Nielsen Panel, Lecher prices are between 4 and 5% below Carousers prices. (Nicolas, 2012). ; Supplier power In the retailing industry, there are a lot of suppliers. Thanks to this high imputation, retailers can easily use it to have lower prices. Indeed, leading incumbents find their product from various suppliers so they can choose the more interesting according to the price and quality. Furthermore, switching costs are usually low. The leading position and global presence of retailers like Wall-mart or Careful are also strength to negotiate with suppliers. The difference of inputs and the importance of quality/cost are the two main supplier power drivers. ; New entrants Since there are several leading multinational retailers in the market, it may be difficult and may need significant costs to entry. Such companies have developed strong brand awareness through advertising and marketing campaigns. To succeed their entry, new retailers will have to study consumers so that they can provide efficient products but also communicate efficiently. For that, new competitors need sufficient funding to launch their activity and survive in this high competitive context. Careful is a perfect illustration. Indeed, Careful failed against an aggressive development of it competitors in Singapore because this later did not succeed to localize and Offer products expected by the local population (Sharing Ely, 2012). Threats of substitutes There are no real substitutes to the retailing industry. ; Degree of rivalry The retailing market is heavily fragmented, with a large number of players present and is lead by several main industry groups like Wall-Mart, Careful, Metro and Tests. Moreover, with the development of Internet retailing, it is easier for new companies to enter into the market. The similarity of players due to a lack of differentiated products reduces their competitive advantage and thus, drives the degree of rivalry. That is why Lecher chose to capitalize on regional product. This decision was a key of success and participated to he 5% growth in sales occurred in 201 1 (Mortar, 2012). Careful should try to follow the same scheme, by accentuating its implication in the local economies and thus, collaborating more with the local suppliers. This strategy can also enable Careful to meet more effectively the demand of local consumers. . Careful SOOT According to Heathery and Otter (2011 the capacity of a business to take advantage of opportunities and resist threats will depend on its internal strengths and weaknesses. Thus it is essential to undertake an internal analyses to understand to what extent Careful can take advantage of opportunities and resist threats, and in the next chapter, understand by using a PEST analysis how Careful is influenced by the external environment. Strengths ; Leading retailer in Europe and second largest in the world present in mature and emerging markets Thanks to its notoriety and its size, Careful has a high bargaining power. Indeed, bigger a company is, more economies of scale and business scalability will be high. Moreover, the high growth rates offered by emerging countries enables Careful to boost revenues and profits and thus to make up for the sluggish situation in its home market. This illustrates perfectly the other advantage to expand worldwide: diversify risks. Presence in several economies enables to diversify the revenues and reduced vulnerability to a single economy. ; Multi-format and convergence of brands strategies Careful operates through 4 different formats. While the hypermarket format offers a wide selection of merchandises, the supermarket and convenience formats target the daily or monthly purchases and are more accessible. F-Rutherford, small retailers and other businesses purchase in cash and carry stores. In addition, Careful is also present on-line, selling its reduce on e-commerce websites. Thus, the different formats enable Careful to adapt its stores to the market, to the consumers needs. According to the location and the consumers habits in this location, the strategic format varies. Moreover, it also enables to suit the merchandise selection and price preferences of varying consumers. In other words, Careful can target different customer segments. In order to beneficial of its brand reputation, the group has initiated a single brand strategy. Furthermore, this strategy increases the groups market visibility and facilitates quick penetration in new markets. 30 years of experience in retailing private label products Because of the economic slowdown, consumers prefer generic and private label products instead of expensive brands. With its first unbranded product launched in 1976 and Careful brand-name products in 1 985, Careful has an important experience in this field meeting the consumers demand, especially in Europe, which is the key growing markets for private label products. Denominator, 2011 Weaknesses ; Continuous decline in profit margins and slow revenue growth in France More than 70% of the firms sales are in Europe but this is its slowest growth area. According to Correctness and Ala The stronger the retailers market position at home, the better its chances of sustaining overseas investments. (Quoted in Retail Doesnt Cross Borders, 2012). Careful lost market share and its profits fell by 40% in the first half of 201 1. ; Careful has been slow in moving into internet retailing Retailers have developed a new way for consumers to purchase. Nowadays, it is possible De order groceries online and collect them at drives stores which at pick up point. Careful opened Its first drive in 2011 and had only 30 drives at the end of the years. In imprison, Lecher had 144 drives in 2011 and expected 250 units by the end of the year in 2012. (Nicolas, 2012). Opportunities ; Emerging market Careful being present in emerging markets like Brazil, Argentina or India, takes advantage of these growing market to ameliorate its revenues and margins. According too Careful s press release, in 2012, sales in Latin America up 5,2% and 12,3% in Asia. Emergence of internet retailing in Latin America In Latin America, Internet retailing is almost three times smaller than direct sales. However, this market has almost tripled in size over the last five years ND it is expected to keep growing. Brazil, the biggest Internet retail market, accounts for 70% of all regional sales. (Late, D. 201 2) ; Retail reform in India Mufti-national retailers are now able to buy up to a 51 % stake in Indians multi- brand retailers. This decision allows these chains to sell directly to Indian consumers. (BBC, 2012). However, some conditions are imposed on groups wanting to invest in India. For example, companies will have to invest at least $mm (Meme), open outlets only in towns with a population of more than one million and source at least 30% of produce from India Ð’Â » (BBC, 2012). The retreats ; High competition The competition in Carousers home market as well as in the other regions is high. Not only Careful competes with multinational retailers but also with local retailers dominating the local market, more adapted to the consumers needs. In France, Careful has to face the significant growth of Lecher which sales grew 5% in 2011. In China, Wall-Mart plans a vast expansion of its stores. The Times reports the US retail group Ð’Â « would open 100 new stores in China over the next three years, adding to the 370 stores it already owns -? the highest number of any of the foreign supermarkets. The new stores will add 18,000 jobs to its 100,000-strong workforce in the worlds biggest food and grocery market. R, ; High exposure to low growth European markets Careful derives a majority of its revenues from France and Western European countries. Due to the debt crisis, the economies of these nations are estimated to record low growth rates. According to a Carousers press release, sales down 2,2% in 201 2, impacted by continued pressure on consumption in Southern Europe. ; Fiscal cliff The other threat that Careful and the economy sector can worry about is the fiscal Cliff. At the end of the year, the terms of the Budget Control Act of 201 1 in the USA are scheduled to go into effect. This means a 2% tax increase for most workers, and to several tax breaks for business and charges in alternative minimum tax, tax increase for higher income and spending cuts in more than 1 000 government programs. The positive aspect is that this will enable to reduce the US budget deficit by estimated $ 560 billions but on the other hand, it will cut the gross domestic product by 4% points and cause an economic slowdown. Unemployed would rise 1% point and a loss of 2 lions jobs. (C. Larger, 2012). Many analysts say that would send U. S. Economy into a recession, if not a depression. (CNN, 2012). Even if Careful is not present in the USA, the Fiscal Cliff threatens the global economy. But a disaster can be avoided by the Congress action. II. External business environment: Key challenges and implications Political and legal Nowadays, government and business are interdependent (Harrison, 2008). That means that they are linked through several relationships. For example, government determines the legal framework, manages the macroeconomic environment etc. Furthermore, government also need business. Indeed, businesses are a source of tax revenues and since the private sector is the dominant element within capitalist economies, these private business investments drive the economic growth and prosperity. However, with the globalization, governments have now to deal with multinational companies and multinational companies have to deal with different governments, so with different laws and rules. Government decisions are key factor in the international expansion of companies and can be opportunities to take advantage of. For example, the Indian government decided recently to open its retail sector to global supermarket chains. Thus, these chains are allowed to sell directly to Indian consumers by buying up to a 51 % stake in Indians multi-brand retailers. BBC, 2012). According to the 201 2 global retail Development Index (Takeaway, 2012), India is ranked 5 and thus is an interesting market to consider. Indeed, India market with accelerated retail growth of 15 to 20% expected over the next five years. Growth is supported by strong macroeconomic conditions, including a 6 to 7% rise in GAP, higher exposable incomes, and rapid arbitration. Yet, while the overall retail market contributes to 14% of Indians GAP, organized retail penetration remains low, at 5 to 6%, indicating room for growth. So, it would be an interesting market for Carousers supermarkets, all the more Careful is already established in the country through cash and carry stores. However, groups wanting to invest in India should be also aware of the conditions imposed by India. For example, Ð’Â « companies will have to invest at least $ mm (Meme), open outlets only in towns with a population of more than one million ND source at least 30% of produce from India, according to reports. Ð’Â » (BBC, 2012). Moreover, since countries are linked through international trade, some political decision can influence these trad es. As Harrison States political and economic instability is a major cause of risk in the external environment, whether it affects the international environments as a whole or the environment in a particular country. (2010, quoted IPPP). The case of Italy is a good illustration. Reacting to the news that Prime Minister Mario Mont plans to resign, Italian stockers have fallen of Local banks as well as European Banks had been hardly hit by this news: Germanys Commemorate fell 2. 2% and Frances BAN Paris dropped 1. 4%. (BBC, 2012). So this shows that political and economical environments are strongly linked. Economic and Financial The economic and financial environment comprises different factors like the rate of economic growth, exchanges rates, inflation, and so on, which influence business. The rate of economic growth for example enables to indicate the speed at which the total level of demand for goods and services is changing. (Hamilton and Webster, 2009). According to specialists, the world economy will grow at an annual rate of 3% up to 2030 and 4,3% in developing countries. (World Bank, 2012). Goldman Sacks (2003) adds that China and India are predicted to be the worlds two biggest economies in 2050. As We could understand thanks to the previous numbers, developing economies, in particular BRICK economies grow quickly and can therefore be attractive for business. But according to PWS, other countries have to be considered. PWS estimate that the E (BRICK economies, Mexico, Indonesia, Turkey) will be 50% bigger than the GO (USA, Japan, Germany, Uk, Italy, France, Canada) by 2020. PWS, http://www. PWS. Com) However, before thinking to enter a new market, Careful should be aware of national barriers to trade like tariffs, imposed quotas and non-tariffs barrier. (Morrison, 2009). Tariffs protect local industry and provide government revenue. Imposed quotas limit imports to a specific quantity of value. Thus, in this case, it is better to consider sourcing locally using local suppliers. Moreover, institutions or agreements like the General Agreement on tariffs and Trade, The World Bank and The International Monetary fund can have a dramatic influence on retailers. They help manage, regulate, and police the global marketplace and thus provide the stability in the trading environment. Nowadays, economic power is hold by these supranational organizations. Moreover, through globalization, barriers between nations are reduced. Thereby, nations are more and more interdependent. Thus, globalization carriers dangers because depending on foreign suppliers, business are vulnerable to events in foreign economies and market outside their control. (Hamilton and Webster, 2009). This explains the current recession in Japan. This later depends strongly on its exports and yet, robbers in other markets like the slowdown in the US and Rezone and the anti-Japan protest in China has hurt demand for exports. Social, cultural, and Environmental Although globalization can have some beneficial aspects, it also brings a number of problems of a social nature. Indeed, globalization increases the gap between rich and poor. On one hand the income of the rich increase as a faster rate than the income of the poor. On the other hand, all economies do not participates in the international trades. (Harrison 2010). However, business is not only about making profits. The purpose of business activity is o provide goods and services to satisfy peoples want and needs. There is therefore a social purpose behind business activity. (Harrison, 2010, Pl 80). Held (1 999, quoted in Hamilton and Webster, 2009, pep) added that globalization can be seen as the widening, deepening and speeding up of worldwide interconnectedness in all expects of contemporary social life, from the cultural to the criminal, the financial to the spiritual Thus globalization is not only an economic phenomenon. It involved also many other cultural and social dimensions. Nowadays, one of the key challenges facing by businesses s the rise of CARS concerns. Consumers are conscious of the social and environmental impacts that are caused by businesses. Thereby, associations to protect consumers, employees and environment multiply and businesses have to prove their commitment. Thus Careful has implemented environmental and social policies in all countries. Careful offers more environment-friendly product and sourcing, and tries to reduce the impact of its stores and its logistic impact on the environment. Careful also carries out its social and societal responsibilities through different actions. (www. Refocus. Com). Amongst them, the integration in the local economy is also interesting to face cultural challenges. Through a local integration, Careful benefits from local products needed by local consumers and provided by local suppliers. Indeed, Careful has to deal with customers but also employees from different cultures. This difference can be an obstacle if not well considered. For example, Careful did not succeeded in providing relevant product to its Japanese consumers. Thus, its main local concurrent knew better how to meet the local consumes demand and could attract ore consumers, forcing Careful to leave the market.

Bisbee deportation essays

Bisbee deportation essays The Bisbee deportation event was not only a pivotal point in 1917 on Arizonas labor history but it also had a great contribution on labor activities throughout the country. The Bisbee event was an event that led to labor movement by copper miners in Bisbee, Arizona, even though it all started as a dispute between the miners and the miner companies over high risk jobs and poorly paid wages it turned out into a strike. It all started during World War I when the price of copper reached unprecedented heights and the companies reaped enormous profits, Bisbee was booming with five thousand miner workers. The mining companies controlled Bisbee and depended on the miner workers but the problem was that they had Mexicans and European immigrants working the mines with low pay even though it was better paid than what they could earn in any outside job in Bisbee. So The Industrial Workers of The World (I.W.W.) took action and presented some demands including improvements in safety, working conditions and discrimination. The copper companies refused all the I.W.W. demands, so the workers went on strike having roughly half of the Bisbee work force on strike. As tensions heighten, two so called vigilant groups Workmans loyalty league and the Citizens Protective League took action and about 2000 deputies got together wearing white armbands to distinguish themselves from the strikers. By 6:30 in the morning, vigilant groups rounded up and men were roused from their beds, houses and from the streets, they rounded about 1000 men and gave them the opportunity to quit the strike and would be released. Hardly any one quit the strike, so a train arrived and took them all to Columbus, New Mexico but had to turn back once they realized there was no accommodation for all these men, the train traveled back and stopped at Heramanas, New Mexico and abandoned them their with no food nor shelter until the US troops ...

Information System Risk Management Essay Example | Topics and Well Written Essays - 1750 words

Information System Risk Management - Essay Example This is because success of the ERPs depends on many factors which include technological (Hardware and software), efficient design of processes, and utilization of human recourses. The human resources are the users of the new ERP solution. It is with this in mind that organizations should take risk management strategy that would identify and also control any ERP implementation risks. An organization at risk is exposed to potential threats. Risk management comprises of risk assessment, risk mitigation evaluation and assessment. Risk assessment is used to determine extent of the potential. Some tangible impacts of the success of a threat are thins like loss of revenue and the cost of repairing a system that has been affected (Stoneburner, 2008). Security Threats-ERP threats are real therefore it is important not only to identify the threats but also know the vulnerabilities of the system and look for ways of preventing these threats from breaching the security of the ERP system. The threats may be grouped into the types which include the following:- 3.0 Natural Threats-These are threats that are not caused by human beings. They include quakes, floods, tornadoes, hurricanes, temperature extremes, and many others. Intentional Threats-The best examples of intentional threats are computer crimes or purposeful damage of property or even information. Unintentional Threats-These threats may include unauthorized or even accidental modification of the system. The best way is to study the vulnerability of the system is to identify the threats and then examine the system under those threats. 4.0 Vulnerability of the system One has to think about business transactions that can lead to losses from the information system based abuse, fraud and errors. This may lead to losses occurring when users use the system in a manner that they are not supposed to. It may either be intentional or not. Also there may be threats from intrusion and attacks from outsiders. People may steal or come across authorization credentials and try to enter the system without the knowledge of the authorities and thus jeopardize the integrity of the information contained in the system database. In addition there may also be systems abuse and fraud from the insiders. Authorized users can attempt and indeed succeed in entering into modules that they are not supposed to enter. Centralization of everything in the organization can become a performance bottleneck and also increase the ease with which people can sabotage the entire operations of the organization. One only needs to ensure that the ERP is not w orking and the organization will be on its knees unable to operate. 5.0 External Security Threats Weak Passwords- By use of dictionary attacks, intruders can guess correctly the passwords that are used in the ERP system and hence cause a malicious damage to the system or even get access to otherwise confidential data of the organization thereby compromising the integrity of the organization data. To eliminate this kind of threat, the organization should provide complex passwords and combine