A Million Miles from Home - Original Writing Essay -- Papers

A Million Miles from Home - Original Writing The dismal black forest hid the house in its shadows. The house appeared empty; its impression of wealth and elegance had faded. The iron gates were drenched in dead roses, making the house unattractive. The path had been swallowed by the trees until there was no path at all. Everything seemed bleak, and death mourned upon the house. She cried for months, not knowing how to occupy her self. As it grew inside her, she felt she has less reason to stay in this realm. She knew the mutation which was occurring inside her womb, but her mind failed to accept it. She could not appreciate that everything had malformed; her husband left her and the unborn child she had carried was due to be present to the world. A Tuesday morning of 1959, she awoke with discontent. She stood, holding the posts of her bed, finding the weight of her body too much for her legs. Her legs trembled and her hands grasped tighter. The pain became unbearable, as she started to scream. She fell to the floor, pulling the drapes off the bed, smashing glass into a million and one pieces. She crawled to the bathroom, gasping for air. The pain became subtle. She knew that the last nine months of her body’s transformation depended on this moment. Now she had to accept, she was in labour. She walked to the kitchen for towels and hot water. The wooden floor on her feet was unusually cold. There was a peculiar smell as she entered the corridor, which seemed abnormally dark. She got to the kitchen, the door was ajar. She pushed through effortlessly and, curiously, there was a chair backed up against the door. There w... ... The picture was happy, so very happy. â€Å"This is your bloody mother, she ruined your father, and she deserved to be in the situation she is now. You are so like her!† Geraldine could not keep her mouth shut. She grasped the racket tightly in her hand. Geraldine stood up behind Indie. She lifted her arm back and swung through the air. Indie fell to the floor. . . . . . Indie stood up, she tuned to face Geraldine but she had already left. She turned to help her mother. Indie picked the woman off the floor, but she stood up. The woman faced Indie, and held her child in her awaiting arms. Indie had never felt so belonged in her whole life. The baby began to cry, Indie placed the baby in her arms and uncovered the sheets. The blood had cleared from the wall, and everything was perfect, absolutely perfect.

Leadership: Bases of Power Essay

Who would want to work for a weak manager? Managers need power to do their jobs, because their jobs require them to influence others. Consequently, managers who feel powerless to influence others experience a tremendous amount of frustration and stress. Their staff members tend to feel frustrated too. Power means many different things to different people. For some, power is seen as corrupt. For others, the more power they have, the more successful they feel. For even others, power is of no interest at all. Positions of authority confer power to the people who hold managerial positions. However, managers who rely solely on their formal authority to influence others will find that it doesn’t inspire their staff, and can even demoralize them. Hence, it helps to also derive power from other sources. Charisma and having personal appeal are sources of power too. Power can also be developed by becoming and expert or by performing critical role for the firm. Bases of Social Power Bases of power refer to the methods that managers and leaders utilize to influence their employees. When examining bases of power, the concept of authority must also be considered. These two are interconnected attributes tied to the behavior of superiors over subordinates. In their article, â€Å"Are There No Limits To Authority?†, David Knights and Darren McCabe explain that â€Å"power should be understood to be a condition of social relations. Thus, it is erroneous to ask who has power. Instead, it is necessary to explore how power is exercised.† In turn, the nature of how power is exercised is a workable definition for authority. In short, authority and power are intertwined, with power being the ability to do things or have others do what one has ordered while authority is the foundation on which that power is built. The bases of social power are very diverse, and no list is ever complete. Nonetheless, the commonly identified bases of power fit pretty well into two categories; position-related factors and personal factors. Position-related factors. Position power comes from the legitimacy inherent in many positions, the ability to provide rewards, the ability to coerce, access to valuable information and performing a critical function. These position-related factors are: Legitimate power allows leaders to motivate others simply because they hold the leadership position. Sometimes we comply with the wishes of a leader just because of the societal expectations for us to do so. For instance, if Colin Powell shows up at your club’s luncheon and wants to say a few words, you let him. Why do you give him that privilege? Stupid question. He’s the Secretary of State! You just do that sort of thing for someone in his position. That’s legitimate power. That kind of legitimacy isn’t always very strong for managers who are promoted to a position in which they must supervise their former peers. If the former peers have any difficulty adjusting to their managers’ new positions, legitimacy will be kind of weak. Legitimate power comes from having a position of power in an organization, such as being the boss or a key member of a leadership team. This power comes when employees in the organization recognize the authority of the individual. For example, the CEO who determines the overall direction of the company and the resource needs of the company. Legitimate power rests in the belief among employees that their manager has the right to give orders based on his or her position. For example, at the scene of a crime, people usually comply with the orders of a uniformed police officer based simply on their shared belief that he or she has the predetermined authority to give such orders. In a corporate setting, employees comply with the orders of a manager who relies on legitimate power based on the position in the organizational hierarchy that the manager holds. Yet, although employees may comply based on legitimate power, they may not feel a sense of commitment or cooperation. Reward power is the ability to provide incentives to others if they will cooperate with you. Managers who can affect their direct reports’ income, perks, job assignments, etc. are able to offer rewards in exchange for compliance. Having a high degree of reward power really helps a manager influence others. Reward power is conveyed through rewarding individuals for compliance with one’s wishes. This may be done through given bonuses, raises, a promotion, extra time off from work, etc. For example, the supervisor who provides employees comp time when they meet an objective she sets for a project. Reward power, as the name implies, rests on the ability of a manager to give some sort of reward to employees. These rewards can range from monetary compensation to improved work schedules. Reward power often does not need monetary or other tangible compensation to work when managers can convey various intangible benefits as rewards. Huey describes Sam Walton, founder of Wal-Mart Stores, Inc., as an active user of reward power. Walton relies heavily on these intangible awards, indicating that â€Å"nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They are absolutely free-and worth a fortune†. When reward power is used in a flexible manner, it can prove to be a strong motivator, as Crosby, Deming, and others have shown. Still, when organizations rely too rigidly on rewards, the system can backfire. Employees may be tempted to unethically or even illegally meet the quotas to which overly rigid reward systems may be tied. Another problem associated with rewards as a base for power is the possibility that the rewards will divert employees’ attention from their jobs and focus their attention instead on the rewards da ngled before them. Coercive power is the ability to punish or intimidate. It’s often said that unions eliminate management’s ability to sanction uncooperative employees. That may be a bit of an exaggeration, but when collective bargaining agreements state that management can only terminate employees with cause, management does have restricted ability to coerce cooperation. Managers should use coercion with great care anyway. Coercion only motivates minimal cooperation and breeds resentment. Coercive power is conveyed through fear of losing one’s job, being demoted, receiving a poor performance review, having prime projects taken away, etc. This power is gotten through threatening others. For example, the VP of Sales who threatens sales folks to meet their goals or get replaced. Coercive power rests in the ability of a manager to force an employee to comply with an order through the threat of punishment. Coercive power typically leads to short-term compliance, but in the long-run produces dysfunctional behavior. Coercion reduces employees’ satisfaction with their jobs, leading to lack of commitment and general employee withdrawal. In the United States, Canada, and Western Europe, coercive power has seen a decline in the last 50 years. Several reasons contribute to this, ranging from the legal erosion of employment-at-will and the awareness of employee violence or other forms of retaliatory behavior. Equally important as an effect on the receding popularity of coercion as a basis of power has been the influence of quality management theorists, such as Philip Crosby and W. Edwards Deming. They suggested that there is a decline in productivity and creativity when coercive power is employed. The use of coercive power results in an atmosphere of insecurity or fear. In spite of this insight, coercion as a base of power continues to play a role even in those organizations influenced by theories of quality management. In times of economic crisis or threats to the survival of the organization at large, coercion may come to the forefront. Coercive power may also materialize as organizations attempt to streamline their operations for maximum efficiency. If employees must be fired, those who fail to conform to the organizational goals for survival will be the most likely candidates for termination. The threat of termination for failure to comply, in turn, is coercive power. Access to valuable information produces power because valuable information is a resource that can be exchanged. Back in the days when managers had secretaries do all their typing and schedule their meetings, some secretaries had access to a lot of important information. Consequently, people who were nice to secretaries were able to get information and access to key personnel that jerks couldn’t get. Even without having formal authority, the secretaries did have power, and shrewd business people treated secretaries with respect. Performing a critical function confers power, but only to the extent that the individual or group performing the function is irreplaceable. One of my favorite examples of criticality and irreplaceability as they pertain to power comes from NBC’s television show, West Wing. At the end of the first season, the producers were expecting to have to renegotiate a lot of the actors’ contracts. The producers wanted to bring the whole cast back because audiences don’t react well to new actors playing established roles or to roles that are clumsily dropped from the story. Thus, each actor was critical and irreplaceable. Of course, producers don’t have to replace an actor whose character died. So, the writers arranged to have the West Wing season finale end with a gunshot that could have killed any of the critical actors. It wasn’t until the second season that we found out who got hit. By making the actors less critical, the producers reduced the actors’ negotiating power. Personal factors. A number of personal qualities can also contribute to a person’s power in an organization. Some of these are: Expertise that can be used in exchange for favors is a form of power. For instance, if you’re an expert with PowerPoint you can help colleagues put together their presentations, and you can get favors from them in return. Expert power comes from ones’ experiences, skills or knowledge. As we gain experience in particular areas, and become thought leaders in those areas, we begin to gather expert power that can be utilized to get others to help us meet our goals. For example, the Project Manager who is an expert at solving particularly challenging problems to ensure a project stays on track. Expert power rests on the belief of employees that an individual has a particularly high level of knowledge or highly specialized skill set. Managers may be accorded authority based on the perception of their greater knowledge of the tasks at hand than their employees. Interestingly, in expert power, the superior may not rank higher than the other persons in a formal sense. Thus, when an equipment repair person comes to the CEO’s office to fix a malfunctioning piece of machinery, no question exists that the CEO outranks the repair person; yet regarding the specific task of getting the machine operational, the CEO is likely to follow the orders of the repair person. Expert power has within it a built-in point of weakness: as a point of power, expertise diminishes as knowledge is shared. If a manager shares knowledge or skill instruction with his or her employees, in time they will acquire a similar knowledge base or skill set. As the employees grow to equal the manager’s knowledge or skills, their respect for the superiority of his expertise diminishes. The result is either that the manager’s authority diminishes or that the manager intentionally chooses not to share his or her knowledge base or skill set with the employees. The former choice weakens the manager’s authority over time, while the latter weakens the organization’s effectiveness over time. Likeability, or any kind of personal attractiveness, also gives you power. If people like to be around you because you’re witty, friendly, famous or good looking, you’re also likely to be pretty persuasive. We all want to do favors for people we like, up to a limit anyway. Charisma has multiple meanings. A person with charisma has a special interpersonal appeal. Charisma can be viewed as a particularly strong form of likeability or attractiveness. That’s the kind of charisma that Princess Diana had. Charismatic leaders, on the other hand, communicate a vision that’s very appealing and they energize others to pursue it with them. If you want to be a charismatic leader, (a) you have to have an ambitious vision for the group you’re leading, (b) you have to be excited about it, (c) you have to be confident in the group’s ability to achieve that vision, and (d) you have to be able to communicate your vision, excitement, and confidence. That’s the kind of charisma that Winston Churchill had. Persuasive ability, which is clearly associated with the ability to influence others, is another personal source of power. Intellectual problem solving abilities (e.g., rational problem solving ability, creative problem solving ability, inductive reasoning ability) help people influence others. So do interpersonal persuasion skills. On the list of influence tactics, â€Å"reason† is generally considered the best way to influence others. It’s ranked above â€Å"reciprocity,† which draws on reward power (e.g., a bonus in exchange for exceptional performance), and â€Å"retribution† which uses threats and intimidation. To the extent that reason is a great way to influence others, possessing the ability to reason with others is a great power base. Credibility is an important personal base of power. We are more likely to be persuaded by and follow someone with high credibility than we are someone with low or no credibility. Credibility comes from integrity, character, competence, and the ability to lead. Integrity means being open and sharing information that people need and have a right to know. Hidden agendas undermine integrity. So does the unwillingness to provide truthful, well-intentioned, constructive criticism. Honesty also has to be tempered with discretion. Managers need to show discretion and not say negative things about people as gossip or with the intent to hurt, even if those negative things are true. Remember the lesson from the movie, Jerry Maguire, â€Å"brutal truth† can be a bad thing. Character is the strength to do what needs to be done in difficult times. A basketball team has character if it tends to play well at the end of close games. A businessperson demonstrates character by acting in a moral and ethical way despite pressures or self-interests that push them to do otherwise. Competence is one’s knowledge and skills that pertain to a given situation. When someone tries to reason with you and gain your support for a certain course of action, their competence in that area affects their persuasiveness. If they don’t know what they’re talking about, you’re not going to be influenced. Competence contributes to credibility, and credibility allows one person to influence another. Finally, the ability to lead contributes to managers’ credibility. Would you enthusiastically follow a leader who is unable to inspire others, manage conflict, delegate tasks or coordinate activities? No matter how much you respect a leader for her task-related knowledge, integrity and character, you’ll have reservations about working hard for her if she doesn’t demonstrate the ability to lead. In Summary †¦ Managers must have power, and they would do well to develop more than just the ability to reward and punish others. Having resources and information that can be exchanged for cooperation is also helpful. Having personal qualities that inspire confidence and a willingness to follow might be even more useful. Nevertheless, all are sources of power. References: Victor, D. (n.d.). Leadership Styles and Bases of Power. Retrieved February 25,2013, from: http://www.referenceforbusiness.com/management/Int-Loc/Leadership-Styles-and-Bases-of-Power.html#ixzz2Lt2Q7QbI Abudi, G. (2011). The 5 Types of Power in Leadership. Retrieved February,from: http://quickbase.intuit.com/blog/2011/08/26/the-5-types-of-power-in-leadership/ Wiliams, S. (2004). Building Your Power Bases. Retrieved February 25, 2013, from: http://www.wright.edu/~scott.williams/LeaderLetter/power.htm

Doing Business with Multinational Organizations

INTRODUCTION Owing to the fast evolution of information and technology organization are operating in an environment where the geographical boundaries are none existent and a company with a subsidiary in another continent operates as if they are in the same city. This paper seeks to identify how this has affected way of doing business by multinational organization by looking and four aspects, which are cultural differences, ethical issues, strategy and industrial or business. 1. CULTURAL DIFFERENCES Culture plays a very important aspect in various aspects of business especially for multinational corporations (MNC) operation on a global level. Cultural variations affect the way a firm conducts its business in different geographical regions and around different cultural settings so that they widen their market base, increase revenue and reduce conflicts resulting from cultural differences(Deresky,2008).Managers of MNCs have to understand what implications cultures have on various busine ss transactions. The main areas where cultural factors affect multinational corporations are: 1. 1. Influence on Strategy that will be used A multinational company must research on the cultural aspects of a new market they would like to venture in. They have to understand the likes and dislikes, preferences, what is considered right or wrong, what is valued, what is the common belief in the area they are going to operate in.An example is in Saudi Arabia where religion dictates what happens in normal business transactions and daily activities for instance for Muslims who pray five times a day, departmental stores and other businesses created room to allow the Muslim customers and employees to pray moreover during the month of Ramadan, most businesses are closed during the day as the Muslims are fasting and are less active during the day and opt to open in the evenings when people are more active. 1. 2. Communication Language and non-verbal communication are cultural cues that affect passing of messages from one party to another.Communication between parties that come 2 from different cultures becomes more challenging because of the differences elements of culture and what they value in communication. Different cultures have different communication styles (Gallois and Callan ,1997). These communications styles are: 1. 2. 1. Explicit Vs Implicit Communication Explicit communications is where someone when someone talks it is straight to the point and unambiguous for example Americans. Implicit communication is usually indirect and inexact for example Indonesian communication.For instance a mother telling a man that he is not compatible with her daughter serves him with tea and bananas instead of telling him directly (Gallois and Callan ,1997). 1. 2. 2. Direct Vs Indirect Communication Direct communication states direct action for example ‘has this report done before you go home’. When someone hears direct speech they know what is to be done. Greek emp loyees prefer this kind of communication as they prefer orders as compared to their contribution in management decisions. Indirect communication is not authoritative and encourages input from the listener.American managers prefer this kind of communication as it goes with their managerial style of participatory management. 1. 2. 3. Silence Vs Verbal exaggeration Silence is also seen as a way of communication but different cultures perceive silence in different contexts. The Japanese use silence during negotiations as a strategy to control the negotiation process however if their counterparts are 3 Americans, they would see this silence as lack of knowledge or an indication to move to the next point. On the other hand some cultures dramatization and over emphasize to express the gravity of the matter.This has been observed in the Arab states where common words are used at the end of sentences and pronouns will be repeated for emphasis also used are graphical similes and metaphors. Ma nagers in multinational corporations should therefore study very carefully which communication style takes prevalence in what area and use what is preferred (Gallois and Callan ,1997). 1. 3. Non-verbal communication Non-verbal is another way of communicating messages and portrays messages with more emphasis than words as they say actions speak louder than words. Non-verbal communication includes body movements, posture and gestures, facial expressions.In intercultural communication, it is possible that people rely on non-verbal communication especially when verbal messages are unclear or ambiguous. This is because non-verbal communication is used to add meaning to our verbal communication. How non-verbal communication is used also varies for example low context cultures like the Americans tend to concentrate less with non-verbal communication. This means that it is not there but it is given little importance compared to the words. Examples of non-verbal communication cues are proxem ics (space), tone of voice, body gestures, facial expressions and eye contact (Gallois and Callan ,1997). . 4. Negotiations This is a process where business people engage in discussions with the objective of 4 reaching an agreement that will result in the parties involved benefiting. Negotiations for multinational corporations are usually with the suppliers of capital (investors), suppliers, service providers, the Governments involved (either domestic or foreign), customers and the society. Managers should be aware of the sensitivity and complexities of negotiations especially that are caused by cultural differences as these are usually the key to success (Horst,1972).The multicultural negotiation process is as outlined below 1. 4. 1. Preparation: Understand the counterpart’s culture as compared to ours and identifying the differences. Meant to make us understand the counterparts culture 1. 4. 2. Relationship building: This stage is used to build trust, some cultures find thi s step irrelevant while others emphasize on relationship building and spend more time here. 1. 4. 3. Exchange task related information: Presentation of details by each the parties and they state their stands. Culture dictates how much information is revealed. . 4. 4. Persuasion: Each party tries to convince the counterparts to take their option by explaining the benefits each would get from their stand. 1. 4. 5. Concession and agreements: This is where agreements are reached and using culture, negotiators know how they will get to this point. 1. 5 Motivation This is what gives human beings or groups the desire or willingness to do something 5 in terms of work and personal life and such a context is greatly influenced by cultural variables that affect attitudes and behavior. Using Hofstede’s ultural dimensions we can evaluate how different motivation methods by multinational corporations would affect employees from different cultures especially if they use the same methods acr oss several countries. 1. 4. 6. Individualism/Collectiveness People who are members to a culture that promote individualism such as the American culture would be motivated by opportunities for individual advancement and autonomy plus they would prefer individual rewarding systems than people of a collectivist nature who would prefer rewards of the entire group and would be motivated with what will advance the entire group. . 4. 7. Uncertainty/Avoidance People who are members of cultures who prefer to avoid opportunity would prefer job security while the opposite would be motivated with risky opportunities for variety and fast track development. 1. 4. 8. Power distance A low power distance culture will be motivated by team work, contribution coming from all members while in a high power distance, motivations comes from the relation ship of the managers and the subordinates. 1. 4. 9.Masculinity/Femininity A masculine culture would prefer the traditional division of work and roles by g ender and each gender to stay in their positions for example the traditional African culture 6 while in a feminine culture is open and will motivate people through flexible roles and equal opportunity . (Harris and Moran ,2000) 2. ETHICAL AND LEGAL ISSUES Globalization has led to the development of worldwide and regional governing bodies such as the World Trade Organization (WTO), European Union (EU) and the Common Market for Eastern and Southern Africa (COMESA).They are tasked with regulating interactions between economies and preventing conflicts as well as ensuring business ethics and legal measures are taken care of (Farrell et al, 2008) 2. 1Examples of Regional and world governing bodies 2. 1. 1. World Trade Organization The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments.The goals of the WTO include among others the administration of trade agreements, facilitation of trade negotiations, settlement of trade disputes, provision of legally binding ground rules for international commerce and trade policy. Basically WTO attempts to reduce barriers to trade between and within nations and settle trade disputes ( Ferrell, Fraedrich & Ferrell, 2008). The WTO can be said to favour the powerful multi-national corporations, which daily strengthen their grip on the world economy. This has led to smaller nations being forced to open up their trade areas e. China being forced by US to open up its trade 7 to allow U. S imports. Globalization of multinationals has many adverse effects on millions of people throughout the world. The overriding aim of the WTO, in short, is to create a world eminently fit for the multi-national corporations to live in. 2. 1. 2. European Union The European Union is the economic association of over two dozen European countrie s, which seek to create a unified, barrier-free market for products and services throughout the continent, as well as a common currency with a unified authority over that currency.The EU relies on member states to protect collective labor rights. The EU expects member states to have thriving trade unions and employees associations to participate in the legislative process at EU level that can help to implement directives at the national level. The EU also places considerable importance on upholding human rights standards in its dealings with 3rd world countries (Alston, 2005). 2. 1. 3. COMESA The Common Market for Eastern and Southern Africa, is a preferential trading area with nineteen member states stretching from Libya to Zimbabwe.COMESA formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. The main objective of COMESA is to facilitate the removal of all structural and institutional weaknesses of member States, and the promotion of peace; secu rity and stability so as to enable them attain sustained development individually and collectively as a regional bloc. Among other things, COMESA member States have agreed on the need to create and maintain: 8 ? a full free trade area guaranteeing the free movement of goods and services produced within COMESA and the removal of all tariffs and non-tariff barriers; a Customs Union under which goods and services imported from nonCOMESA countries will attract an agreed single tariff in all COMESA states; ? free movement of capita and investment supported by the adoption of common investment practices and policies so as to create a more favorable investment climate for the COMESA region; ? a gradual establishment of a payments union based on the COMESA Clearing House and the eventual establishment of a common monetary union with a common currency; and ?The adoption of common visa arrangements, including the right of establishment leading eventually to the free movement of bona fide pers ons. 2. 2. Effects of World Governing Bodies on globalization and business World governing bodies have opened up trade between member countries and as a result increased globalization namely through: 1. Reducing barriers to international trade through international agreements such as WTO agreements 2. Elimination of tariffs; creation of free trade zones with small or no tariffs 3.Reduced transportation costs, especially resulting from development of containerization for ocean shipping. 4. Reduction or elimination of capital controls 5. Reduction, elimination, or harmonization of subsidies for local businesses 9 6. Creation of subsidies for global corporations 7. Harmonization of intellectual property laws across the majority of states, with more restrictions 8. Supranational recognition of intellectual property restrictions (e. g. patents granted by China would be recognized in the United States) 9.Globalization has brought about the formation of alliances between countries such as the G8, NAFTA, EU, such alliances want to improve trade and business amongst themselves and companies operating outside these alliances have quite some disadvantage e. g. flower companies in Kenya selling flowers to the EU 10. World governing bodies and trade alliances such as EU, WTO stipulates the basic ethical rules that should be used in their member states. If companies do not comply they would have campaigns against them creating boycotts for their products. 10 3. STRATEGIES During the last half of the twentieth century, many barriers to international trade fell and a wave of firms began pursuing international strategies to gain a competitive advantage. Business strategies may include geographic expansion, diversification, acquisition, product development, market penetration, retrenchment, divestiture, liquidation, and joint venture. Strategic management enables organizations to recognize and adopt to change more readily; successfully adapting to change is the key to survival and prosperity. 2. 3. Two types of international strategy 2. 3. 1.Global strategy Treat the world as a single market. It is applied where forces for global integration are strong and force for national responsiveness is weak. For example this is true of consumer electronics market. Global Strategy is suitable for: ? ? ? Product is the same in all countries. Centralized control – little decision-making authority on the local level Effective when differences between countries are small 2. 3. 2. Multinational Strategy It treats the world as a portfolio of national opportunities. It is applied where forces for global integration are weak and force for national responsiveness is strong.For example this is true of branded packaged goods business for 11 example strategy pursued by Unilever. Multi domestic strategy is suitable for ? ? ? Products customized for each market Decentralized control – local decision making Effective when there are wide differences between the countr ies 2. 4. Strategies of investing abroad 2. 4. 1. Joint venture Marula (2006) defines joint venture as a venture that is jointly owned and operated by two or more firms. He further explains that many firms penetrate foreign market by engaging in a joint venture with firms that reside in those markets.Advantages of a Joint venture First these organizations are able to apply their respective comparative advantages in a given project and Marula (2006) gives an example of General Mills Inc which joined in a venture with Nestle SA so as that cereals produced by General Mill could be sold through the overseas sales distribution network by Nestle also Xerox Corp and Fuji Co. of Japan engaged in a joint venture that allowed Xerox Corp to penetrate the Japanese market and allowed Fuji to enter the photocopying business.Secondly a joint ventures enables organization especially in the automobile to offer its technological advantages for example General Motors has ongoing joint ventures with au tomobile manufactures in several different countries. 12 Disadvantages of Joint Ventures Association of Certified Charted Accountants (2004) asserts that disagreements may arise over profit shares, amount invested, the management of the joint venture , making the strategy and finally one partner may wish to withdraw from the arrangement. 2. 4. 2.Contract Manufacturing or Licensing Pearce and Robison (2004) define licensing as the transfer of some industrial property right from the licensor to a motivated licensee. They further explain that most tend to be patterns, trademarks, or technical know how that are granted to the licensee for a specified time in return for a royalty and for avoiding tariffs or import quotas. Advantages of Licensing Pearce and Robison (2003) argue that firms that use licensing will benefit from lowering the risk of entry into the foreign markets and used best in companies large enough to have a ombination of international strategic activities and for firms w ith standardized products in narrow margin industries. Disadvantages of Licensing According to Pearce and Robison (2004) is the possibility that the foreign partner will gain the experience and evolve into a major competitor after the contract expires as this was a case between U. S electronics firms with Japanese companies. Secondly they argue that another potential problem stems from the control that the licensor forfeits on production, marketing and 13 general distribution of its products.And this loss of control minimizes a company’s degrees of freedom as it reevaluates its future options. 2. 4. 3. Franchising Pearce and Robison (2004) define Franchising as form of licensing which allows the franchise to sell a highly publicized product or service, using the parent’s brand name or trademark, carefully developed procedures, and marketing strategies. In exchange the franchisee pays a fee to the parent company, typically based on the volume of sales of the franchisor in its defined market area. The local investor who must adhere to the strict policies of the parent operates the franchise.Examples are Avis, Burger King, CocaCola, Hilton, Kentucky fried chicken, Manpower and Pepsi. ACCA (2004) asserts that the franchiser provides the name, any good will associated with it, systems, business methods, support services such as advertising, training and site decoration while the franchisee provides the capital, personal involvement, local market knowledge, payment to the franchiser for the rights, support services and responsibility for day to day running and the ultimate profitability of the franchise.Disadvantages of franchising According to ACCA (2004) search for competent candidates is both costly and time consuming where the franchiser requires many outlets for example McDonalds in UK. Also the control over franchisees is demanding as they are spread over many locations. 14 2. 4. 4. Transnational Alliances Levi (1996) defines transnational allian ces as associations of firms in different countries working together to overcome the limitation of working alone. One of the motivations to form a ransnational alliance is cooperation over research where cost and risks may be too high for any one firm or where different firms may possess different abilities. He gives an example IBM and Siemens of Germany in Memory chip development or marketing of Geo produced in Korea by GM. He further asserts that transnational alliances are compromise between a firm doing everything itself and dealing with a stranger. Advantages Of transnational alliances As Levi (1996) argues organizations form transnational alliances to gain access to foreign markets, to exploit complementary technologies and to reduce time taken for innovation. . 4. 5. Wholly owned foreign subsidiaries Based on a study done by Richard Vernon of Harvard Business School where 187 United States manufacturing with six or more foreign subsidiaries outside of Canada the researcher co ncluded that these multinational corporations tend to be larger, more profitable more advertising and research oriented and more diversified than firms which have not invested abroad. (Horst, 1972) 4. 0 INDUSTRIAL AND BUSINESS Economic reforms/environment affects the business and industry directly.Business plans and programmers are directly influenced by economic factors, 15 such as, interest rates, money supply, price level, consumers’ credit etc. Economic conditions leading to inflation or deflation affect the business activities. Inflation leads to rise in general price-level, whereas deflation leads to fall in price level. Higher petrol prices in the country resulted to a trend in favor of small like Maruti and starlet cars. State of industrial trade and business booms and slumps constitute the economics of market environment, (Lewis, 2006).Recently government initiated various economic policies. As such the impact of these reforms changes on business and industry in the following manner: 2. 5. Buyers’ market In the liberalized policy regime shortages of goods are no more, but there are surplus of goods. These arise due to competition, reduction in cost, up-gradation of technology, improvement in quality and customer convenience. Removal of government restrictions on capacity creation and capacity utilization has also helped increase in the supply of goods.Industry has been given total freedom to expand and diversify. Price control has been removed. Investment now takes place in the areas of demand. All these changes have made the buyer, the sovereign of the market. 2. 6. Export is required for survival Implementation of new trade policy has linked imports to exports. The enterprises should earn foreign exchange by exports and use the same foreign exchange for importing raw material spares and equipments. For example: Reliance Group, Essar World Trade, Ceat, Videocon, Eicher, MRF etc, are being benefited by the 16 new policy. 2. 7.Threat from multinational companies Due to the present policy of liberalization of our government, massive entry of multinationals in the country has started. The vast resources and the modern technology of the present multi-national companies have enabled their subsidiary companies to boost sales and enjoy strategic advantage over their competitors. The presence of multinational companies has been rendering valuable services to our economy. It is supplying superior quality of goods, generating more employment opportunities, promoting modern technology and awakening our business community.Presence of multinational companies has also boosted growth of small industries in the country. 2. 8. Overall competition The new competitive environment has thrown the economy open. There is tough competition between multinationals and there is also competition between local enterprises and foreign enterprises. Competition has now become global. It is not confined to national boundaries. For instance, Weston Electronics Company, which held about 18% of the television market, has been virtually thrown out of the market due to cutthroat competition and technological backwardness. . 9. World class technology Changes in government policy regarding business and industry have provided us with world-class technology. Most companies have also started making investment in research and development. Pharmaceutical industries in countries such as India made 2% investment in R & D. In developed countries investment in 17 research and development is approximately 12%. Multinationals are also bringing world-class technology in the country. This has enabled faster growth of industries. 2. 10. Future not guided by past failuresIt is rightly said that future starts afresh for companies. Future now needs new strategies, high technologies, determined efforts, enthusiasm, organization and leadership. New approaches, systems structures and new leadership must emerge to compete with the multinationals. We mu st forget the past, bury its failures and start working with new endeavor, approaches and leadership. 2. 11. Wider and diverse markets Due to globalization markets have been opened up and can now be widely accessed by companies from various countries.Countries have lift barriers improving flow of goods between them. This has boosted import and export trade among various countries. Regional trading blocks have been formed to improve trade and allow free flow of goods and services among member countries. In the agricultural sector, crop imports are traded at cheaper prices and exchanged for another commodity because of the free trade as entailed among the provisions of bodies such as COMESA or WTO. A country such as Philippines could purchase or import crops from another country at cheaper tariff rates, in case of a shortage.However, on the downside, countries that are more progressive agriculturally could just dump their third-rate or low-class products to their third-world trading c ounterparts. 18 2. 12. Foreign direct investment inflows Local industries which have invested abroad such as Bidco oil refinery is reaping huge profits from its foreign direct investments such as from its investment in Uganda palm plantation. Creation of common markets has given countries incentives to invest in those countries thus leading to investment inflows.Lowering of tariffs: countries such as India have been reaping from enormous opportunities emerging from globalization such as consequent lowering of tariff barriers. Information Technology has given Indian industries formidable brand equity in the global markets. Indian companies have a unique distinction of providing efficient business solutions with cost and quality as an advantage by using state of art technology. Outsourcing is the act of giving a third-party the responsibility of running hat would otherwise be an internal system or service. Due to globalization, most companies and businesses have sought to contract mos t of its services or processes to outsiders. Most industries now use outsourcing such as call centers and can outsource its functions such as marketing, financial, training, transport and distribution and so forth. Capitalize on global trade: most domestic industries now capitalize on global trade by concentrating on the domestic market and then leverage their economies of scale overseas. 2. 13.Devaluation Some countries have had to cope up with the trend of globalization by devaluing their currency such as India. The first step towards globalization was taken with the announcement of the devaluation of Indian currency by 18-19 percent against 19 major currencies in the international foreign exchange market. This was a measure taken in order to resolve the balance of payment crisis. 5. 0 ANALYSIS AND CONCLUSION In conclusion my own critique on globalization is that the whole process has increased power that multinational corporations seems to enjoy .This is seen as a particularly wo rrying phenomenon because it affects the issues that are raised and witnessed everywhere we have a multinational company. An overriding concern is that globalization increases the gap between the haves and the have-not of the world. Unfair labor practices such as child labour, poor working conditions and low remuneration packages are some of issues that have been witnessed in the recent past. Although it’s not clear whether the forces of globalization may produce a general deterioration of working conditions around the world or increase the inequality of working conditions among countries . espite the above ,in rich countries the picture is totally different thus self-interested opposition to globalization with fears that cheap imports or immigrants from other countries will lower the relative wages of low-skilled workers, more rapid economic change and shifting patterns of comparative advantage will increase economic insecurity and international competition. Despite all this countering the claims of globalization skeptics is a century-old economy theory that predicts free trade will reduce a convergence of labour conditions around the world. 20 6. References: ACCA (2004) Strategic business planning and development (paper 3. 5). London: BPP Professional Education Alston, P. (2005). Labour rights as human rights. New York: Oxford University Press Inc. Deresky, H. (2008). International Management : Managing Across Borders and Culture (6th ed. ). Upper Saddle River, Pearson Education. Gallois, C. , & Callan, V. (1997). Communication and culture: A guide for practice. Chichester, UK, Wiley. Ferrell, O. , Fraedrich, J. , & Ferrell, L. (2008). Business Ethics: Ethical decision making and cases. New York: Houghton Mifflin Company. Horst T. 1972) Firm and Industry Determinants of the Decision to Invest Abroad: An Empirical Study The Review of Economics and Statistics, Vol. 54, No. 3 (Aug. , 1972), pp. 258-266 Kotler, Philip: Marketing Management: nineth edition , Prentice Hall India Lewis D. 3rd ed. (2006): When cultures collide. Leading across cultures. London. Nicholas Brealey International. Levi, Maurice D (1996) International Finance; The markets and financial management multinational business (3rd ed) Singapore: McGraw- 21 McFarlin, D. B. , & Sweeney, P. D. (2006). International Management: Strategic Opportunities and Cultural Challenges (3rd ed. . Boston, Houghton Mifflin Company. O’Carroll, G. (n. d. ). Intercultural Communication – Module: [Intercultural communication]. Retrieved from ECO – European Career Orientation website: http://eco. ittralee. ie// Pearce, J. and Robinson, R. (2004). Strategic Management: Formulation, Implementation and Control. New York: The McGraw-Hill Companies Schermehorn, J. R. (2005). Organizational Behavior (9th ed. ). Hoboken, NJ Thomas, D. C. (2002). Essentials of International Management: A cross culture Perspective. 2455 Teller Road, Sage Publications Inc. 22

A Wellness Nursing Essay

A wellness nursing diagnoses focuses on the patient’s progress or potential progress towards healthier behaviors†¦Ã¢â‚¬ ¦ rather than on a problem. They were created to change a situation in which only negative issues were addressed†¦Ã¢â‚¬ ¦..leaving out diagnoses for patients in a healthy setting. A wellness diagnosis indicates a readiness to advance from the current level of health to a higher level. There are two prerequisites for a wellness diagnosis—a desire to advance and an ability to do so. 1) Emotional Readiness: The first requirement for a wellness diagnosis is a desire to attain a higher level of well-being. The patient must express emotional readiness to engage in interventions that will help him reach that next level. 2) Status and Function: The second prerequisite for a wellness diagnosis is the presence of status or function required to perform tasks related to the diagnosis. 3) Assessment: Assessing a patient’s readiness to respond to a wellness diagnosis involves patient interviews and interaction. 4) Writing the Diagnosis: While most nursing diagnoses require at least two parts, the diagnosis and the â€Å"related to† factors, wellness diagnoses are written a little different. They are started with the word â€Å"readiness† followed by the action or health-seeking behavior that will be enhanced. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Examples : â€Å"Readiness for enhanced management of therapeutic regimen† describes a patient who is willing and able to participate in her own treatment by following recommendations and helping set new goals for herself. A patient who has expressed a desire to come to terms with his illness and requests help with this is displaying â€Å"readiness for enhanced coping.† â€Å"Readiness for enhanced religiosity† can be applied to a patient who previously stated she no longer believed in her religion but later states that she wants to get back in touch with her spiritual side.

Effectiveness of the Bipartisan Campaign Reform Act Essay

Effectiveness of the Bipartisan Campaign Reform Act - Essay Example Most parties have solicited for money from different sources, including corporations and individuals. However, a ban on â€Å"soft money† in 2002 brought changes in the role of money in political campaigns. This paper addresses the objectives and consequences of BCRA, and its effectiveness or ineffectiveness, basing on a variety of events in the political arena today. The main objectives of the BCRA are to restrict the use of corporate and union funds in federal elections, and control of communication in electioneering. Therefore, a ban on â€Å"soft money† and the controlled political advertisements are major concerns of BCRA. This is all in an effort to regulate the escalating cost of campaigns, and reduce corruption in electioneering. Wallison & Gora (2009) argue that raising of large sums of money by candidates has a corrupting influence in politics, and on the candidates’ policies. The opponents of this reform however, argue that large amounts of money are n eeded to fund the candidates’ campaign expenditures, as well as to hold meaningful political debates at the national level. Whether this law is seen in negative or positive light, what remains is that it has changed the way politics are played in America today. Smith argues that political parties need more money, and not less, in their campaigns. He also considers the electioneering communication restriction in BCRA as a violation of constitutional right of freedom of expression (Smith, 2003). The greatest determinant of the effectiveness of the BCRA is the emerging role of non-profit groups in the post BCRA political environment. The 2004 campaign was the first to be under the influence of BCRA. It is evident that the BCRA did not make political parties starve due to lack of finances. Surprisingly, the national political parties raised more hard money in 2003, than they did in both soft and hard money in 1999. The Democratic and Republican parties raised a sum of $371 millio n in hard money alone in the first year of post BCRA era, as compared to $266 million, a sum of both hard and soft money in the 2000 campaign period, before the BCRA. Today, the Republican Party raises more hard money than the Democratic Party. Nonetheless, both parties have increased their sum of hard money raised over years past the BCRA. Due to the restrictions by BCRA, Political Parties have maximized their money raising capabilities from the PACs and from individuals. This shows that the BCRA has not been effective in regulating the amount of money political parties acquire for their campaigns. BCRA’s restriction on soft money has made parties go for an alternative of hard money, which the parties can source from unrestricted sources. Political Parties today have turned to a large numbers of small donors, rather than a small number of large soft money (Malbin, 2003) BCRA has seen a significant reduction of soft money spent in electioneering. Different analyses have shown that today in the post BCRA era, it is quite hard to make soft money contributions. Today, there are no links between the electioneering non-profit groups, officeholders, and candidates. Before the BCRA, party officials directly connected the large soft money contributors and the public officials in whom they were interested. Soft money contributions were offered in exchange for access to officeholders and candidates. This situation served as the grounds for the U.S Supreme Court to ban soft money.

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

Russia - Term Paper Example The negative effects of World War 1 were responsible for sparking Russian Revolution in 1917 since the government was experiencing a shortage in food reserves, ammunition, factories and low morale among the soldiers. Corrupt Czarist government and massive treason among the top military ranks created a crisis that paralyzed the normal national life. The peasants and workers in factories experienced poverty and denounced the war and killed the rich peasants in order to seize control of productive agricultural land (Wade 5). Russia was predominantly an agricultural economy and the clergy, nobility and royal families owned much of the agricultural land and controlled much of the agricultural production. The Czarist government did little to improve the economic system and a majority of the peasants in the villages suffered from diseases and extreme poverty. The economic system had created an imbalance in the social structure thus hindering education, public health and medical relief thus occasioning discontent among the masses that were addicted to vodka due to misery and poverty (Wade 6). Workers strikes were considered as the only option to the ruthless and repressive Czarist government in dealing with protesting workers and Russian soldiers fired at the protestors. Subsequently, the heavy losses suffered during the World War 1 undermine the strength and morale of Russian soldiers and many of them deserted their battle fronts to join the factory workers and peasants in the ongoing revolution (Wade 7). Other attributable causes of the Revolution include the increase in politicized urban workforce especially ironworks and factories that associated themselves with industrial society. Although Czarist government had tried to entrench socialist trade unions, such unions were remained neutral during workers protests. The expanding population in Russian cities caused social problems like poor housing, bad wages and disregard for employment rights. The censuring of books, newspapers and unwarranted police swoops on dissenting citizens created mass discontent among the middle class and ultimately led to the demand of freedom of expression (D’Agostino 27). Why Bolsheviks prevailed in Civil War and control of Russia By the end of February 1917, two organisations that include Provisional Executive Committee of the Petrograd Soviet of Workers and Provisional Committee of the Duma had emerged. The first one represented the social revolutionaries, factory workers, Bolsheviks and Mensheviks. The Czarist ministers were held under house arrest, and Czar Nicholas II abdicated on at the beginning of March. A provisional coalition government was entrenched and was soon recognized by the allied powers as the legitimate successor of Czarist government (D’Agostino 28). However, a civil war broke in June 1918 with the Whites including the liberals, monarchists and socialists rebelling against the Reds who included the Bolshevik regime. Bolshevik regime was worried that Whites would eventually free Czar and the royal family members thus ultimately leading to restoration of the previous monarchy. However, Czar and his immediate family members were shot dead in July 1918 thus demoralising the efforts of the Whites. Bolsheviks considered themselves as revolutionary working class that was determined at addressing the needs of the peasants and

Analysis of ICT strategic plan Essay Example | Topics and Well Written Essays - 1250 words

Analysis of ICT strategic plan - Essay Example However, the latest developments of ICT in the sector of fisheries have resulted in drastic changes in the overall life of fishermen. Various initiatives in the ICTs have greatly expanded and developed fisheries technologies to the farmers of Australia. ICTs are widely being implemented and are used by fisheries sectors for various purposes such as resource assessment and in commercialization purposes. The ICTs strategic plan implemented in Australia have enabled the Australian fishermen to exploit various opportunities such as the use of Global Positioning System for location finding and navigation. ICT has also reduced risk to fishermen through information exchange and emergency warning. At present, the fishermen have access to web-based data/ information along with networking sources (Food and Agriculture Organization of the United Nations, 2007). Analysis of Whether the ICT Strategic Plan Be Re-Assessed or Continued For Additional 3-5 Years During November 2007, The Australian Fi sheries Management Authority (AFMA) was liable for the development of ICT strategic plan and roadmap. The plan would stress on 2005 Strategic IT Review and further it would provide vital initiatives to AFMA which would be implemented over the period of next three years i.e. from 2008 to 2011. AFMA was supposed to invest approximately AUD 7.3 million for the implementation of ICT strategic plan, during these three year period (Australian Government, 2007). The investment program would include sixteen distinct initiatives which would cover forty nine recommendations. These initiatives comprise: 1. Improvement of procurement as well as contract management process and performance 2. To bring improvement related to provided service within industry 3. Governance process 4. Identity as well as access management 5. Develop business as well as IT alignment along with incorporating the process of reengineering related to the business of AFMA 6. Staff upskilling Program 7. Develop ‘on-th e-boat data’ collection 8. Implementation of Business Intelligence Capability 9. Implementation of Corporate Records Management 10. Data Warehouse Department 11. Finalizations of Pisces Program including Customer Relationship Management (CRM) 12. Rationalization of Application 13. Information Security 14. E- Business 15. Infrastructure and Application Rationalization and Technology Baseline 16. IT Market Testing Source: (Australian Government, 2007) The above stated initiatives were developed by grouping various recommendations into core areas capability which would deliver substantial benefits to AFMA. These initiatives were mainly grouped under three main capabilities namely; improved services provided to AFMA stakeholders and its customers, improved data management and information use and, lastly improved effectiveness of the organization which would support AFMA service delivery and information stewardship. Furthermore, the initiatives were to be undertaken on three vital functions related with the fisheries management, these consist of monitoring and research, compliance and licensing and quota management (Australian Government, 2007). Monitoring and Research AFMA was able to record 12% improvement in conformity with the vessel monitoring system across the Commonwealth fishing areas during the year 2008 when compared to 2007. AFMA research contract management system, ‘Omnifish’, has enabled AFMA to closely monitor and also target research providers to improve