Art Scavenger Hunt Analysis Essay Example | Topics and Well Written Essays - 1250 words

Art Scavenger Hunt Analysis - Essay Example The contemporary aboriginal people believe that these rock paintings were made by their ancient spirit ancestors, who are primarily credited with configuring the sacred laws as per which the aboriginal societies have been running and managing their affairs since centuries (Buehler 56). The ancient aborigines used a variety of natural media like water and red ochre to make these rock paintings (Buehler 56). They made these paintings either by blowing the natural pigments from their mouth on a variety of objects or by using brushes made by chewing twigs (Buehler 56). On the basis of whatever information that can be solicited from the contemporary Australian aboriginal people and can be drawn from the research undertaken by the historians and anthropologists, it would be quiet true to say that the painting under consideration and many of the other aboriginal rock paintings like it were primarily made to fulfill some important spiritual and religious purpose in the ancient aboriginal soc ieties (Buehler 57). These paintings were not merely works of art but also carried ample spiritual and religious significance. ... This painting and the other rock paintings like it included within their ambit varied levels of associated with the aboriginal spirituality. Perhaps, just as it is in the later day art galleries, the aborigines drew these paintings on the cave rocks to protect them from the ravages of time, so as to pass them safely to the future generations. The particular rock painting is a worthy example of the prehistoric aboriginal art and depicts apt usage of the principle and elements of design. This rock painting is well balanced in the sense that the artist has used a somewhat leaner figure placed at the edge of the rock surface to balance albeit rotund figure placed at the centre. The painting is evidently that of a couple and the artist has specifically introduced variation in the delineation of two figures in the painting to generate interest and attention. The gradation of the ocher color, being dark in the centre, to being lighter on the peripheral parts gives way to an aerial perspecti ve, which must have got accentuated by the natural light falling on the painting. The discernable horizontal direction of the brush strokes in the painting conveys an aura of calmness and stability. The size of the two figures in the painting is suitably proportionate to the rock surface constituting the background. The corrugated texture of the figures in stark contrast to the smooth rock background is noteworthy. The subject of the painting most probably picked up from the daily life of the ancient aborigines is suitably depicted using horizontal lines and soft tonal contrasts. This painting certainly qualifies to be classified as a masterpiece of the

Commercial law-Sale of goods Case Study Example | Topics and Well Written Essays - 3000 words

Commercial law-Sale of goods - Case Study Example But the accepted offer by post instead of the agreed wagon driver. The wagon driver arrived before the letter of acceptance reached E. It was held that there was no contract. In Malik vs. Constance however, there was no particular mode agreed upon of accepting the offer and therefore, Malik had the liberty of to use any. The question however is, if by leaving his acceptance on Constance's' telephone answering machine there was a valid acceptance. 1 (b) For acceptance to be effective, it must be communicated to the offeror. However, there are exceptions when an acceptance would be effective through no communication has taken place. Some of these exceptions include when acceptance is by post. It contrasts with the general rule that a contract is complete only when acceptance is actually communicated to the offeror. However, communication by telephone is not captured in this exception to the rule of communication. The law says that where there is such a communication between the parties i.e. where the means of communication is telephone, telex etc, and the contract is only complete when acceptance is received by the offeror. This was held in the case of Entores Ltd Vs. Mles Far East Corporation. In this case, the plaintiffs in London made an offer by telex to the defendants through their agent in Holland. Acceptance of the offer was communicated and received by their plaintiff on their telex machine in London. The court had to determine whether the contract was made in London or in Holland. It was held that since communication by telex was instantaneous, the contract was concluded in London where the acceptance was received by the offeror. 2 In the case of Malik vs. Constance, Malik cannot claim that he had accepted Constance's offer to buy the suit unless contrast admits that he opened and listened to his phones answering machine the message Malik had left. Malik's action against Constance to recover the damage caused by vandals will not succeed because the damage would not be foreseeable by Constance by the time the contract was being made. On of the rules of consideration is that it must be real. The fact is that the suit had not been delivered to Constance and it would be illegal for Malik to recover money from him for nothing sold. Consequently, Constance cannot successfully sue Malik for breach of contract. Under the law of contract two parties are under an obligation to fulfil their requirements under the contract and also to be bound by its terms and regulations. In this case, the only term condition that was to be maintained in the contract was that of further modifications to the suit long of furniture. And Malik made the modifications as agreed. In fact Constance, knowing very well that he was away on business could've taken reasonable steps to check for any information in this telephone. Malik could not have foreseen the theft that occurred in this premises. Therefore Constance action will also fail. 3 Malik Vs Bedenhams Under the sale of goods act, there is an implied condition that the goods must correspond with the description. This was held in the case of Varley vs. Whip. In this case, the

The Increased Competiveness And Agression Of Businesses

The Increased Competiveness And Agression Of Businesses In the authors perspective, Increasing competitiveness and aggression in the business environment has necessitated transformation of business practices to keep up with the dynamic environment. For instance, an organization needs to develop key skill (core competencies and strategic capabilities) needed as the basis for resource-based strategies (John Thompson Frank Martin 2005). Strategic capabilities are defined as the resources and skills available to an organization that needed to survive and win its competitors. The resource-based view of strategy: the competitive advantage and superior performance of an organisation are explained by the distinctiveness of its capabilities Johnson, SK., Whittington (2008, ch3, p94). This paper will critically analyse how eBays strategic capabilities might provide sustainable competitive advantage. Proposing and justify a structural type for which would maximise its strategic capabilities Making eBay work as a case study by Jill Shepard, Segal Graduate School of Business, Simon Fraser University, Canada. This essay will begin by explaining the concept of strategic capabilities, strategy capabilities using an analytical framework, core competencies, competitive advantage, how organisations strategic capabilities can be analysed and measured using marketing tool called SWOT. The second section will briefly discuss what organisational structure is all about and types of organisational structures, present eBays structure, proposing and justifying a structural type for eBay which would maximise its strategic capabilities. Thirdly, implications and conclusions based on findings of the chapters and case study. The sensitivity of strategic capability is particularly necessary since it is concern with whether an organisations strategy continues to modify the environment and the opportunities and threats that exist. However, an organisations capabilities may be found the edge of strategic development, in the manner of creating new opportunities by stretching and exploiting the organisations capabilities such a manner which competitors get it or in genuine difficult to copy or create a new ability. This requires organisation to be innovative in the way they develop and utilize their capability. This is the resource-based view of strategy. Capabilities refer to the organizations ability to utilise its resources effectively. The author shall be discussing strategic capability considering the similarities and differences between resources and competencies. Strategic capability could be defined as the combination of resources and competencies of an organization that it requires to survive and participate in the industry. Strategic Capabilities and Competitive Advantage As regards resources, tangible resources are visible and physical assets of an organization such as building and people. Intangible resources are invisible asset of an organization such as knowledge. Physical resources are the visible resources of the organization comprising of machines or production components e.t.c. while financial resources are the resources used to operate the organization on a daily basis includes cash, creditor e.t.c. Human resources are the combination such as training and recruitment, skills and knowledge of an organizational networks. Intellectual resources are intangible resources that involve patents, brands, business system, and customer database. Resources is vital to an organization because they provide the organization to produce at lower cost or create a superior product or service. Resources such as tangible and intangible of an organisation are not enough to survive and competition in a dynamic environment. It depends on the organizationals ability to deploy their resources of its capacity and competencies in an efficiently in the organizational activities and processes. Threshold resources à ¢Ã¢â€š ¬Ã‚ ¢ IT server platforms and space à ¢Ã¢â€š ¬Ã‚ ¢ Offices and facilities à ¢Ã¢â€š ¬Ã‚ ¢ Appropriate personnel à ¢Ã¢â€š ¬Ã‚ ¢ Sufficient customers and suppliers Threshold competences à ¢Ã¢â€š ¬Ã‚ ¢ Account management à ¢Ã¢â€š ¬Ã‚ ¢ All other general managerial skills à ¢Ã¢â€š ¬Ã‚ ¢ Sophisticated ICT skills à ¢Ã¢â€š ¬Ã‚ ¢ Customers and suppliers who are competent Unique resources à ¢Ã¢â€š ¬Ã‚ ¢ The biggest on-line electronic exchange platform à ¢Ã¢â€š ¬Ã‚ ¢ The eBay brand à ¢Ã¢â€š ¬Ã‚ ¢ First mover advantage à ¢Ã¢â€š ¬Ã‚ ¢ An active and vocal community of users à ¢Ã¢â€š ¬Ã‚ ¢ Learning from experience Unique competences à ¢Ã¢â€š ¬Ã‚ ¢ A unique form of account management that balances central control versus decentralised community involvement à ¢Ã¢â€š ¬Ã‚ ¢ Leadership in terms of ability to renew the Board and keep a sense of consistency à ¢Ã¢â€š ¬Ã‚ ¢ Electronic platform management skills à ¢Ã¢â€š ¬Ã‚ ¢ Partnering on the internet (deciding when and how to compete) à ¢Ã¢â€š ¬Ã‚ ¢ Web 2.0 management skillsThere are various capabilities (resources or competencies) that are in Threshold and Unique resources explained below: Threshold resources could be termed to be the basic resources required to meet customers basic requirements in order to exist. Unique resources are resources that strengthening and stabilizing competitive advantage which are devilishly difficult to cope imitate and obtain by competitors in the market. Threshold competencies are activities and processes required to meet customers basic requirements in order to exist in a given market. Unique competencies are activities that strengthening and stabilizing competitive advantage which is extremely difficult to cope, imitate and obtain by competitors in a given market. Threshold Capabilities are capabilities required/ need to exist/ remain in the market. Firms having threshold capabilities are less innovative, little focus on current customer requirements, and do not welcome changes. Competitive Capabilities are capabilities required/ needed to get a competitive advantage. Firms having competitive capabilities welcome changes, mad to acquire new technologies before competitors (These days software to facilitate sales workforce collaboration software are new arrivals in the corporate world), coping with current customer requirements pursuing the environment of continuous improvement in their organizations. Competitive Advantage It can be defined as the ability of an organisation to out-perform its competitors (Campbell, Stonehouse and Houston, 2000, p. 324). Measurement is possible in terms of superior profitability, increase in market share, return on investment, etc. (Stonehouse et al., 2000). However, it is a fundamental aim of business strategy to maintain competitive advantage over certain given of time called sustained competitive advantage (SCA). Johnson and Scholes (1999) suggest low-price, differentiation or switching cost strategies to build up competitive advantage and hold it over time. Core competence are the skills and abilities by which resources are deployed through an organisations activities and processes such as to achieve competitive advantage in ways that others cannot imitate or obtain ( Johnson, Scholes Whittington, 2008, ch. 3 p.97). Sources of Cost Efficiency: Managers of most organisations currently lead management of cost as source or key to Strategic capabilities advantage. In order to maintain low cost, attention must be paid to these key drivers such as economics of scale, supply cost, products product design, experience, Growth, unit cost should down slopping and first-mover advantage. In order to sustaining competitive advantage over time as a manager while managing cost efficiently and continuously, other vital criteria are of immense importance namely: 1. Value: Organisation must be able to build capabilities that are of value to its customers. 2. Rarity: For an organisation to sustain competitive advantage, it should possess unique capabilities. There are just three important key points to consider about the extent to which unique competence might provide sustainable competitive advantage: Transferability: Rarity to a great extent depends on who own the competence and difficulty of transferring it. Sustainability: How long will the manager be able to sustain it unique competencies? Most time is temporary and competitive transfer it over time. So an organisation must be dynamic by nature by look out for other bases of sustainability. Core rigidity: This is another case of redundancy. 3. Inimitable: It all involves identifying capabilities that likely to remain for a reasonable time and impossible or very difficult to imitate or copy. So, in order for an organisation to achieve and sustain advantage and core competencies the following factors must be considered below: (1). They pave ways for higher level of performance more than rivals own. (2). They are in most cases very hard and difficult to imitate. There are two reasons for core competencies of an organisation to be imitated because they are complex. Complexity: (a.) Internal linkages. This is as a result of linking the activities and processes that together deliver value to customers. (b.) External interconnectedness: This can best be termed as co-specialisation. Culture and history: It involves core competencies may be embedded in an organisational culture. Causal ambiguity: This is another good reason why core competence cant be imitated by competitors. It is very difficult to discover the causes and effects underpinning organisations advantage. There are two types of ambiguity namely characteristic ambiguity and linkage ambiguity. Non-substitutability: adding and providing value to customers that are complex and ambiguity making it impossible / very difficult to copy. To sustain competitive advantage over, an organisation must strategically position itself in such a way that capabilities in ways that activities and resources and competencies are deployed as to sustain competitive advantage over it competitors. Diagnosing strategic capability: If an organization is to achieve competitive advantage by adding value to customer, the following must be understood below: Value Chain: Describes the in and out categories of activities of an organisation that both create a product/ services. It is more directly concerned with the creation and delivery of a product/ services. Value Network: Describes the inter-organisational link and relationship needed to create a product. Activity Maps: It shows how the various activities are linking together in an organisation. Benchmarking: It deals with comparison of both programs strategic position of rivals. SWOT: Summarises analysis of Business environment (Opportunities and threats) Strategic capabilities (Strengths and weaknesses). Brief History of eBay EBay Inc. is an internationally recognized e-commerce company that manages eBay.com, an online auction and shopping website in which people and businesses purchase and sell globally a variety of goods and services to a wide range of clients (Filley Aldan, 1980 p 56). Currently, eBay is a multi-billion dollar company with physical infrastructures of operations in more than thirty countries. EBay website was founded in San JoseHYPERLINK http://en.wikipedia.org/wiki/San_Jose,_California, California, on September 3, 1995, by French-born Iranian computer programmer Pierre Omidyar. Millions of collectables, interior decorations, appliances, electronics, furniture, trappings, equipment, vehicles, and other miscellaneous items are listed, bought, or sold daily on eBay. EBay expanded from its original set-time auction format to include Buy It Now standard shoppings online advertisements; online event ticket trading; online money transfers and other services. In addition, eBay launched its Bu siness Industrial category in the year 2006 breaking into the industrial surplus business (Whitten, 1987 p 6). Analytical framework analysis of eBay Inc To strategically maintain as well as promoting its success level, eBay has a highly motivated human capital. This is through provision of a favorable working environment comprised of satisfaction of physiological needs, provision of safety within the work, availability of career growth opportunities for self actualization as well as self esteem. This has made eBay working force to be oriented to the organizational goals and objectives. This has subsequently accrued substantial benefits to the organizations performance (Cameron Whitten, 1983 p 67). Apart from internal customer satisfaction, eBay has embarked on satisfying its external customers in a number of ways. For instance, a diverse range of products as well as services can be accessed by their customer by just a click of the button (Yukl, 2010. P 43). EBay has a collection diverse range of product. The probability of any customer with a given unique needs for a given product or service lacking the desired need or service is significantly low. Subsequently, eBay serves a central or a core point area where all customers with diverse needs as well as wants can integrate into their satisfaction. According to statistical reports which were collected in the United States of America, the satisfactory level of customers accessing or conducting their business through eBay platform is significantly high. Consequently, the organization has managed to acquire a high market share (Hedger, Nostrum Starbuck, 1976 p 67). The risks associated with ecommerce trading activities have been significantly reduced by the open communication strategies and channels which have been adopted by the eBay organization. For instance, eBay has a well conversant informed customer care services which equip their customer with necessary information on any information concerning the Internet trading. For instance, eBay has a safe online payment channel which can be adopted or used by its customers. Online payment and other fiscal transactions processes have reduced risks associated with check payments as well as travelling with liquid cash (Meyer, 1977 p 81). SWOT analysis of eBay Inc SWOT analysis entails the evaluation process of the organizations internal and external environmental elements which are likely to induce a change in the operations of the business entity. Consequently, SWOT analysis comprise of evaluating external factors such as opportunities and threats which are known to face the organization as well evaluating the internal elements with mainly focus on weaknesses as well as on the organizations strengths. EBay Inc is an organization which has adopted technological elements into its mode of operation. Consequently, a number of strengths, weaknesses, opportunities as well as threats may dominate it area of operation (Hedger, Nostrum Starbuck, 1976 p 89). Evaluating on the strengths which are possessed by this organization, eBay has developed a vast and an immense number of clients or stakeholders who largely contributes to it overall performance. These stakeholders include current customers, supportive client such as financiers as well as reliable employees. In addition, it has developed a strong financial backbone which has been supportive to it overall goal achievement. Also, eBay has developed a strong customer-organization bond through the creation of high confidence level between the organization and its clients. This is through customer analysis and delivery of services and ordered goods in the appropriated needed time. Bearing in mind ninety nine percent of eBay transactions are carried out through online platform, people are generally afraid to deal with virtual elements especially on matters concerning their fiscal status. However, eBay has secured a substantial number of such customers by creating a high confidence level (Zammuto, Cameron, 1985 p 6). Another eBays dominance, it is the first-mover advantage as regards online auction site. Consequently, most of its customers felt no worries about going about buying goods physically. Therefore, this triggered most customers to come back. Ebay has a very strong business model and updating it. Just as it was redefined by Meg Whiteman by establishing strong linkages of activities in the operational aspect of the organization. eBay also had a very strong technological base e.g. leveraging ICT. Using Pay pal account as means of payment made every transaction be secured and easy. Nevertheless, eBay is faced by a number of weaknesses, it has a poor organizational structure which limits it contact with it clients. Maintenance of customers usually requires an intimate contact which sometimes involves reading of facial expressions. In addition, though eBay website can be accessed in almost all parts of the world through the Internet, customers in some geographical regions cannot be served with eBay services. This is contributed by poor distribution channels which limit the eBay services to some specific regions only. A part from these weaknesses, the organization is also faced by a number of emerging threats. For instance, the barriers to entry in the Internet based trading systems are relatively low a factor which has led to a high number of entrants. This has posed as a threat to the operations of eBay Inc (Gallos, 2008. P 68). Despite these weaknesses and threats being faced by eBay Inc, there are a number of opportunities which the organization can effectively utilize in order to maximize it profits. For instance, the technological advancement which has been witnessed in the electronic world can be utilized to enhance the customer base. In addition, eBay has an opportunity of merging with a number of suppliers and other stakeholders to boost its overall performance. This is usually based on the fiscal status which eBay has obtained since it times of operations in the Internet based services (Kast Rosenzweig, 1972 p 78). Capabilities that have provided eBay with a competitive advantage This organization has a strong financial background which enables it to embark successfully on new profit generating strategies. In addition, it has embarked on product diversification as one strategy to promote its profit generating factors. EBay is a multi-billion dollar company with physical infrastructures of operations in more than thirty countries. Millions of collectables, interior decorations, appliances, electronics, furniture, trappings, equipment, vehicles, and other miscellaneous items are listed, bought, or sold daily on eBay (Pierce, 2003 p 6). Strategic capabilities of the eBay in a nutshell might include: Business model creation and updating:- The business model of eBay is brilliant and simple. They facilitate a service of enabling transactions between millions of users. They also have no inventory. eBay does not have to consider production, packaging, and shipping of the goods sold. There is no need for a large number of employees at achieve their organizational goals. The main source of costs for eBay is technical. They perform tasks as maintenance of servers and networks. This is the marketplace Internet business model being used to much of its potential. Revenue is generated in both business to consumer and business to business transactions. The auction and transaction revenue will continue to rise as the number of users rises. Ebay has a very strong business model and updating it. Just as it was redefined by Meg Whiteman by establishing strong linkages of activities in the operational aspect of the organization. Managing growth: eBay reported record consolidated Q1-07 net revenues of $1.77 billion, representing a growth rate of 27% year over year. GAAP operating income was $468 million, an increase of 45% year over year, and represented 26.5% of net revenues. Non-GAAP operating income in Q1-07 was $593 million, representing a 33.6% operating margin and a 29% year-over-year increase. Leveraging ICT:- ICT as both strategic and operational at the same time. So getting the server up and running initially would have been strategic but now managing traffic would be considered operational, whereas incorporating any new versions of the Internet and its functionality would be considered strategic. Accommodating different high speed broadband penetrations within individual countries would currently be strategic but become less of a strategic issue over time. Knowledge management:- Knowledge in organisational terms does not mean data and information alone. It means experience both of individuals and between individuals (i.e. of groups or across an organisation). This sharing takes place, not least, through the day to day activities and routines in organizations. If strategic capability is conceived of in terms of competence (i.e. activities as well as resources), then the relationship of strategic capability to organisational knowledge. So, it darned close. It becomes even closer if robust (non- imitable) competencies are conceived of as linked and embedded competencies. Account management:- eBays technology allow every particulars of users both sellers and buyer to be traced since very users must first register to again access to buy or sell. This create a great deal of trust among users. Customer involvement:- ebay managers listen to all their customers and always meet the needs as regards what they want to sell/ buy and how they want to do it. And more so, the management involves their customers by inviting 10 sellers and buyers all over the country to their main office every few months to discuss the company in dept. Service and shareholder management:- eBay has developed a vast and an immense number of clients or stakeholders who largely contributes to it overall performance. These stakeholders include current customers, supportive client such as financiers as well as reliable employees. In addition, it has developed a strong financial backbone which has been supportive to it overall goal achievement. Rather than, be critical:- Meg might look to the challenges that the company faces ahead of time. These might include not becoming complacent about success, how to keep customers passionate about the company and how to expand into new geographical areas. Sustainability and dynamic capabilities The attainment of any eBays goals and objectives is directly reflected by the kind of leadership and environment found in that organization. Different managers and human resource organizers embrace various forms of leadership. Nevertheless, their overall aim objective is to adhere to the stipulated mission with no signs of complacency and a subsequent attainment of the organizational goals. Being a leader in any form of business entails a set of processes connected to directing and guiding employees towards the attainment of stipulated goals. This endeavor of assure that the business entity is heading towards its vision comprise of effective employee motivation, embracement of appropriate leading structure and strategies and timely effective communication among the internal and external members affecting the business entity (Clark, 2010). EBay has been dynamic to embrace technological measures which are aimed in maintaining a lead in the field of it operations. For example, incorpora tion of new modern software, use of Internet security tools as well as developing future oriented goals to cater for its customers (Gallos, 2008 p 34). Frequent trainings and seminars for it employees can effectively boost the competence level for employees in eBay Inc. In addition, online training and guidance manuals can highly boost the performance level for the eBay operations. Organisational Structure The organising process leads to the creation of organisation structure. Organisation structure can be defined as the framework in which the organisation defines how tasks are divided, resources are deployed and departments are coordinated (Samson Daft, 2009, p. 328). The structure of an organisation should be set up in such a way as to help the organisation accomplish its mission in an efficient and effective manner. The mission of an organisation can be defined by its mission statement. A mission statement is designed to answer the most fundamental questions for every organization: Why do we exist? What are we here for? What is our purpose? As such, mission statements form the corner-stone and the starting-point for any major strategic planning initiative (Christopher K. Bart, 2001, p. 19). An organisations structure can be represented visually with an organisation chart (Samson Daft, 2009, p. 328). Structure has three components: complexity, formalisation and centralisation. Complexity refers to the degree of specialisation of an organisations employees, how labour is divided, the number of levels and geographical dispersion. Formalisation is concerned with the degree of rules and procedures, and centralisation refers to levels of decision making (Holtzhausen, 2002, p. 325). The characteristics of organisation structure include work specialisation (the degree to which organisational tasks are subdivided into individual jobs; also called division of labour), chain of command (An unbroken line of authority that links all individuals in the organisation and specifies who reports to whom), authority (The formal and legitimate right of a manager to make decisions, issue orders and allocate resources to achieve organisationally desired outcomes) and responsibility (The duty to perform the task or activity an employee has been assigned), span of managerial control (the number of emplo yees who report to a supervisor), and centralization (The location of decision authority at a single point, usually near top organisational levels) and decentralization (The dispersed location of decision authority, usually near lower organisational levels). These dimensions represent the vertical hierarchy and define how authority and responsibility are distributed. Departmentalization describes how organisation employees are grouped (Samson Daft, 2009). Types of structures The three most common generic organizational structures are the functional structure, the divisional structure and the matrix structure. There are also hybrid structures consisting of network structure and team structure. Functional Structure The functional structure is a direct descendant of the bureaucratic structure. It is based on a groups function or dedicated activities in an organization such as sales and marketing, finance and operations. The structures effectiveness is based on this division of labour. Smaller to medium-sized organizations with limited product ranges tend to favour the functional structure (Martinsons Martinsons, 1994, p. 24). Advantages of functional structure: Efficient use of resources economies of scale In-depth skill specialisation and development Career progress within functional departments Top manager direction and control Excellent coordination within functions High-quality technical problem solving Best with one or few types of products Disadvantages of functional structure Poor communication across functional departments Slow response to external changes, lagging innovation Decisions concentrated at the top of hierarchy, creating delay Responsibility for problems is difficult to pinpoint Limited view of organisational goals by employees Limited general management training for employees Less innovation (Samson Daft, 2009) (Duncan, 1979) Divisional Structure This structure is used as companies become larger and begin to diversify their product line. The company is divided into separate units based on different products or markets. The company breaks up its operations into manageable units or little companies which then operate under a mechanistic structure (Martinsons Martinsons, 1994, p. 24). Advantages of divisional structure: Fast response, flexibility in an unstable environment Fosters concern for customers needs because product responsibility and contact points are clear Excellent coordination across functional departments Easy pinpointing of responsibility for product problems Emphasis on overall product and division goals Development of general management skills Best in a large organisation with several products Disadvantages of divisional structure Duplication of resources across divisions Less technical depth and specialisation in divisions Poor coordination across divisions Less top management control Competition for corporate resources Eliminates economies of scale in functional departments. Makes integration and standardization across product lines difficult (Samson Daft, 2009) (Duncan, 1979) The Matrix Structure The matrix structure was the structure of the 1970s (Miller, 1986). It was seen as a way of bridging the advantages of the functional and divisional structures. The matrix structure is based on a dual chain of command. The functional departments are used to gain economies of specialization while the project teams focus on particular products or markets. Each employee in the matrix structure is responsible for one functional department and one project manager, hence the dual chain of command (Martinsons Martinsons, 1994, p. 25). Advantages of matrix structure: More efficient use of resources than single hierarch Flexibility, adaptability to changing environment Development of both general and specialist management skills Interdisciplinary cooperation, expertise available to all divisions Enlarged tasks for employees Best in medium-sized organizations with multiple products Disadvantages of matrix structure Frustration and confusion from dual chain of command High conflict between two sides of matrix Many meetings, more discussion than action Human relations training needed Power dominance by one side of the matrix. Team-based structure With a team-based structure, the entire organisation is made up of horizontal teams that coordinate their work and work directly with customers to accomplish the organisations goals (Samson Daft, 2009, p. 344). Advantages of team structure: Reduced barriers among departments, increased compromise Less response time, quicker decisions Better morale, enthusiasm from employee involvement Reduced administrative overhead Less absenteeism Increased performance Higher quality products Reduced turnover Disadvantages of team structure Dual loyalties and conflicts Time and resource spent on meetings Unplanned decentralisation (Samson Daft, 2009) (Harris, 1992) Network structure: Advantages: Global competitiveness Workforce flexibility/challenge Reduced administrative overhead Disadvantages: No hands-on control Can lose organisational part Employee loyalty weakened Analysing eBay current and the best organizational structure for the eBay Inc eBays organizational structure is a source of competitive advantage as it is the basis for the companys ability to process information

The Violation of William Blakes Songs of Innocence Essay examples --

The Violation of Blake's Songs of Innocence      Ã‚  Ã‚  Ã‚   Abstract: William Blake's Songs of Innocence contains a group of poetic works that the artist conceptualized as entering into a dialogue with each other and with the works in his companion work, Songs of Experience. He also saw each of the poems in Innocence as operating as part of an artistic whole creation that was encompassed by the poems and images on the plates he used to print these works. While Blake exercised a fanatical degree of control over his publications during his lifetime, after his death his poems became popular and were encountered without the contextual material that he intended to accompany them.    William Blake was probably more concerned than any other major Romantic author with the process of publication and its implications for the interpretation of his artistic creations. He paid a price for this degree of control over the process of printing, however: Blake lived in poverty and artistic obscurity throughout his entire life. Later, when his poems began to be distributed among a wider audience, they were frequently shorn of their original contexts. For William Blake, there has been a trade-off between the size of the audience he has reached and the degree of control he exerted over the publication process.    Blake was not satisfied merely to write poems and send them off to a publisher; instead, he designed illustrations to accompany his poems, engraved the poem-illustration works onto copper plates, printed the plates onto paper, and (when color was desired) colored the pages by hand, then bound the printed pages into volumes for sale. Blake was assisted in much of this work by his wife, Catherine, who had been illiterate when he ma... ...990. Hilton, Nelson. "William Blake, Songs of Innocence and of Experience" in The Blackwell Companion to Romanticism. Ed. Duncan Wu. Oxford: Blackwell, 1998. Online. Internet. 25 February 2000. Available http://virtual.park.uga.edu/~wblake/SONGS/begin/songs.html Hirsch, E. D., Jr. Innocence and Experience: An Introduction to Blake. Yale University Press: New Haven and London, 1964. Keynes, Sir Geoffrey. Introduction to William Blake's Songs of Innocence and of Experience. Shewing the Two Contrary States of the Human Soul. Ed. Geoffrey Keynes. Oxford: Oxford University Press, 1967. Mason, Michael. Notes to William Blake: A Critical Edition of the Major Works. Ed. Michael Mason. Oxford: Oxford University Press, 1988. Stauffer, Andrew M. "The first known publication of Blake's poetry in America" in Notes and Queries v43, n1 (March, 1996): 41-43.

Organization Description Sample Essay

SAP Consulting Pvt. LTD, formed in 2002, is a leading provider of technical and business solutions. The organization has strength of 6529 employees spread across five locations – New York, California, Austin, Omaha and San Antonio. The administrative office is situated in New York. This is also the headquarters of the company and seats an additional 250 employees. The company provides precise and efficient solutions to clients like J.P Morgan Chase, Fidelity Investments, and Apollo Hospitals alike for their emerging business needs as well as for optimizing their existing business processes. In 2012, America’s leading business magazine, Forbes, rated SAP Consulting as No.1 in emerging business organizations in the field of technical consulting. Our projects The major clientele of SAP Consulting Ltd is related to investing banking and insurance domain. The major focus has been to improve the business processes that our clients have in place, the legacy systems, and to have consistent solutions throughout the organization. The aim of SAP Consulting to serve their clients is to align the objectives of the company with the objectives of the clients. Recent developments in the company and problem description Recently, the organization acquired BMI Consulting Pvt. Ltd, a small company based out of Mumbai, India having approximately 1200 employees. Traditionally, all the email communication within the organization happened through a local Kerio server which provided 10GB of storage space shared between multiple members of a team at a time. The volume of email communication increased tremendously with this acquisition as the employees of BMI Consulting joined SAP Consulting and their projects were migrated. Solution to the problem SAP Consulting has decided to use a suite of products provided by Google which contains Calendar, Email and IM client. This, in turn, resolves the problem by increasing the storage capacity for usage and introducing a cross-platform IM client accessible to all the employees on all devices and from different locations.

Recruitment schedule and preparation for interview

Describe about yourself† – Identify synopsis about the applicant, specifically their Unique Selling Proposition, describe the applicants who they are and the major benefit that a company will drive from this person. Q. â€Å"Why have you applied for this Job? Or â€Å"Why are you leaving the current position? † – These are very critical questions. The interviewer will consider the reason why the applicants make a change. Is that problem with their previous employer or co-workers? Or do they want to promote? Q. What do you consider your most significant accomplishment in your previous Jobs? † – To find out their experiences/roles/responsibilities that the company can derive from that accomplishments Q. â€Å"What excites you most about this position and what do you think would be stretch for you? † – Evaluate and test the applicant to make sure they understand this Job description and what motivates them to take this Job. Intervie w questions about applicant's skills and experiences: Q. â€Å"Why do you believe you are qualified for this position? – To identify what qualifications or skills that the applicants need to adapt this Job. The applicant need to mention technical skills, a management skill or personal success story Q. What do you like/dislike most about your previous Job? † – Try to determine compatibility with the open position. Can discuss about challenges, pressure situations, deadlines Q. â€Å"What tasks do you find the hardest in the last Jobs? What weaknesses do you have and want to improve? † – Understand the limit of the applicants and identify their weakness.Does the weakness affect to the company? Or could the weaknesses be improved? Q. â€Å"Describe a difficult work situation/ project and how would you handle it? † Q. â€Å"Describe the time that you didn't work well with supervisor or co-worker? What was the outcome and how would you have chan ged the outcome? † CIO. â€Å"Have you worked with someone you didn't like? If so, how you handle it? † – These case-study questions to determine how the applicants dealt with their Jobs under the difficult situations such as pressure, technical problems, confliction with co-workers†¦IQ 1 . â€Å"Do you prefer to work independently or on a team? † – Want to know if they are team's players or would rather work on their own. IQ 2. â€Å"Give some examples of teamwork that you involved. † – Determine the applicant's roles/responsibilities in the team and how heir contribution to make the project successfully Interview Questions about Technical Skills IQ 3. â€Å"What do you do to maintain your technical certifications? † IQ 4. â€Å"How do you keep current on this industry? – Want to know if the applicant still update their knowledge in IT field and â€Å"could they be trained if required? † IQ 5. â€Å"How do you troubleshoot IT issues? † Q. â€Å"What development tools have you used? † – To find out their experience how to troubleshoot computer's hardware and software; maybe which tools they used to fix it or what programming language they used†¦ IQ 7. â€Å"Tell me about a time that you work conveying technical information to a unintentional audience† – Examine applicant's communication skills, and how they delivered their Job to unintentional audience.How quickly are they response for the problems? IQ 8. â€Å"Tell me about the IT's project you are most proud of, and what your contribution was. † IQ 9. â€Å"Give an example of where you have applied your technical knowledge in a practical way' – A deeper look in terms of technical skills to make sure the candidates are suitable for this Job. The interviewer maybe look at the software, management tools or development tools they used, are these tools used in our company? Q. What are you salary requirements – both short-terms and long- terms? Would you take a Job for less money? † – To identify the salary that satisfy the applicant and also consider the budget that company can afford it Interview Guide l. Prepare Create comfortable environment Introduce the purpose of this interview Spend some time introducing yourself to the applicants, and ask the applicants to do the same II. Core interview Focus on open questions to draw out candidates and their opinions.The questions would follow interview questions above: General questions: Ask about the applicant's personality, passion, hobbies Opinions about work and life Work independently or team Their ability Experienced in problems and how deal with it Deal with deadlines, stress Technical questions: Their roles/responsibilities in previous project/Job Ability to pick up new product/technology quickly Technical skills Technical training courses Career and company questions: Salary requirements Opi nions about this position/company Future career plan Ill. After the interview – Tell the applicants how can you reach them or send the results.Write a checklist all the questions you as

To Kill A Mocking Bird- Full grade 9 BR essays

To Kill A Mocking Bird- Full grade 9 BR essays Harper Lee choose the setting as an imaginary (May comb) county in Alabama during the 1930s. She set the story during this time because it was a time of social turbulence, and a time when Americans began to start thinking about more modern social issues. This was the perfect setting in which to create a theme that illustrates the injustices of prejudice, intolerance, and quick judgments of others. Harper Lee chose to tell the book from the eyes of Scout, because Scouts innocence and young age allow her to have a pure, untainted view on any event that takes place. In general, Scout observes, but has no preconception of the events that develop. For a child, it is easier to see the shades of gray of someone's character. A child cannot see someones age or gender etc... as a cause for their problems or shortcomings. The first character to be judged swiftly and wrongly is the Finchs neighbor Boo Radley. Boo is introduced as a hermit that lives shut up in his house, completely isolated from the outside world. Dill, Jem, and Scout spend most of their free time either ridiculing Boo or trying to lure him out of his house. By using the childrens innocent fear of the unknown, Harper Lee succeeds in demonstrating the basis of all prejudice. In the end, the Finchs bizarre neighbor becomes a hero and saves the children from almost certain death. While the children imagined and concluded Boo was a monster of some sort, he ends up saving the children of whom he knows almost nothing about.This part also brings about a decision where abiding by the law would be an injustice. Harper Lee introduces and portrays Bob Ewell as a villainous and evil man, but she creates Bob in this way to illustrate how judgment is too quickly made. Harper Lee begins to unfolds the root of Bobs anger. She also illustrates the sordid and destitute conditions the Ewells live in. Poor, ...

Free Essays on Laptops

Should children use laptops in school? A number of school are testing out laptops in classroom settings. Laptops can be very helpful learning tools by getting computers into the hands of people who might not be able to afford one at home. Not everyone agrees its a good idea, however. Laptops can be expensive, difficult to set up, and (in some cases) distracting. Statement of the Topic The topic is Laptops in the classroom. My research will be conducted on the ways in which laptops are currently changing students curriculum and behavior. I willbe focusing my research on elementary schools, and whould therefore like to examine the changes that laptops have brought to education. Method Section I am currently working on a survey designed to evaluate student laptop use. This Survery has the following objective. - to determine how students were using their laptops both in and out of class. - to gather information on student satisfaction with educational experience. - to obtain student in put on how the laptop program might be improved.The Statement of the Hypothesis The purose of the study is to explore wether we should support or not support laptops in the classroom. My hypothesis is that laptops are a disadvantage to be used by children in school and should therefore not be supported Research Participants. The sample oblainedfrom 6 grade class, consisted of 9 boys and 12 girls are using laptop in the classroom. Review of Related Iiterature Should conventional learning tools be replaced by laptops? We have all read about places trying to accomlish a paperless environment, and we have all thought about how laptops may some day replace textbook. I think that we should take this one step further. Should laptops replase other conventional learning tools. Do we think that in the future laptops can and will replace many of the things that found in classroom today. Paper, pencils, books, calculators, notebooks. We... Free Essays on Laptops Free Essays on Laptops Should children use laptops in school? A number of school are testing out laptops in classroom settings. Laptops can be very helpful learning tools by getting computers into the hands of people who might not be able to afford one at home. Not everyone agrees its a good idea, however. Laptops can be expensive, difficult to set up, and (in some cases) distracting. Statement of the Topic The topic is Laptops in the classroom. My research will be conducted on the ways in which laptops are currently changing students curriculum and behavior. I willbe focusing my research on elementary schools, and whould therefore like to examine the changes that laptops have brought to education. Method Section I am currently working on a survey designed to evaluate student laptop use. This Survery has the following objective. - to determine how students were using their laptops both in and out of class. - to gather information on student satisfaction with educational experience. - to obtain student in put on how the laptop program might be improved.The Statement of the Hypothesis The purose of the study is to explore wether we should support or not support laptops in the classroom. My hypothesis is that laptops are a disadvantage to be used by children in school and should therefore not be supported Research Participants. The sample oblainedfrom 6 grade class, consisted of 9 boys and 12 girls are using laptop in the classroom. Review of Related Iiterature Should conventional learning tools be replaced by laptops? We have all read about places trying to accomlish a paperless environment, and we have all thought about how laptops may some day replace textbook. I think that we should take this one step further. Should laptops replase other conventional learning tools. Do we think that in the future laptops can and will replace many of the things that found in classroom today. Paper, pencils, books, calculators, notebooks. We...

Advantages of Economic Growth

Advantages of Economic Growth Economic growth can be defined as a process for indicating the increase or decrease in per capita GDP. There are a lot of other factors such as increasing in aggregate income of the individuals reflect economic growth. Economic growth is usually calculated as the rate of GDP changes in a particular period. The total of goods and services produced considered as a reflection for economic growth in the country. It can either be negative or positive in depend on the decrease or increase compared to data of previous years. Negative growth is often indicated to economic recession. When the GDP of a country increases means there is a economic growth existed in the country or the global economies Advantages of Economic Growth. Standard of living of the people will increase Economy growth is an important point to bring better living standards and lower rates of poverty. The average income of people can said that increases and indirectly people able to consume more and motivate the economic growth increasing. Rising Employment Economic growth stimulates employment. The economic growth produces more vacancies for job and bring better standard of living to them. Increased capital investment. Economic growth can used to increasing the capital investment. Benefit to Government Economic growth brings advancedÂÂ  tax incomes for the government, Because of this, the government spends less unemployment benefits. Superior public services. Due to government got government income as economy growth, it can spend more on public services like education for contributing in superior public services. EnhancedÂÂ  businessÂÂ  confidence Economic growth creates positive effect as encourage people running their businesses. As profits of small firms and business increase with economic growth, their business confidence and will to grow up to meet more challenges. Disadvantages of Economic Growth. inflation Potential High and rising inflation will occur due to demand grows faster than long run productive. It may destabilizing for an economy as interest rate may increase and can cause a loss of competitiveness in international markets Regional disparities Although average living standards may be rising, there is a gap between rich and poor. It can widen the issues of poverty and make a wide gap between different regions. Pollution Economic growth never separated from environmental issues. Rapid growth of production and consumption may create environment pollution such as sound and air pollution and road congestion. Environmental damage may bring negative effects on our quality of life. For the example, road congestion will produce more Co2 in a high density area. The health of residents in that area will been affected. Relationship between unemployment and economic growth. How does unemployment affect your economy? Wealth drainage The government need provides monetary assistance when someone unemployed, so a high unem ployment rate means that it has to pay more fund to help a large number of unemployed people. It is creating a heavy burdenfor a government. Wealth is drained for unproductive purposes and economic growth slows down. Slack in flow of money Unemployment slows down the circular flow of income by the lack of money inflow and outflow. When money does not pump into the economy, its growth becomes slowed down even stuck.

Evaluating Human Resource Management Essay Example | Topics and Well Written Essays - 2000 words - 1

Evaluating Human Resource Management - Essay Example After hiring these employees, it is their role to improve the performance of the staff and make sure that their contribution to the company gets larger and larger as they prolong their stay in the entity. Moreover, the management should also make sure that the employees they hired abide by the rules set by the company and to know the demands of these employees to avoid conflict against the company. Aside from employee selection and hiring, the human resource management is also responsible for the benefits and compensation each and every employee is entitled of. The management has to make sure that they meet the needs of these personnel to avoid labour unions forming that ought to go against the company policy. According to McNamara [2005], small scale businesses do not usually have their own human resource management because they cannot afford to acquire either part-time or full-time help from independent contractors. These small scale businesses do the function and activities of the human resource management on their own. The managers of these small businesses have to monitor the employees they hired and make sure they follow the rules and regulations. Although they are small-sized businesses, it is also their responsibility to provide employee’s manuals to their staff to let them know the rules and policies and the rights that they are entitled of. In addition to what McNamara [2005] said, the human resource management have undergone some big changes over the past 20 to 30 years. Before, the human resource department was even called personnel department, which is in charge of just the employee paper works, hiring and giving salaries to personnel. However, drastic changes occurred which improved and gave a bigger responsibility to the management. This big change include staffing, personnel management, giving out extensive training to the

America's Rise as a World Power from 1865-1898 Essay

America's Rise as a World Power from 1865-1898 - Essay Example Additionally, America signed treaties for trade with nations like France, a sign that shows the increase in trade relations, which also increased economic growth. The economic expansion of America to other countries is also another factor that contributed to its rise as a world power. The idea of expansion of trade internationally was started by William Seward with the help of other individuals. This was an advantage to America because the expansion and colonization of other nation increased the accessibility of raw materials for industrial purposes. With the availability of raw materials, industries expanded so did the economy. Moreover, American products were sold outside the country, which was because of the expansion of industries due to the industrial revolution. With the availability of surplus products in the market, America expanded its businesses to other countries. Additionally, the country made investments in other countries, which ensured that raw materials were available for industrial use, for example, America invested in oil fields in Mexico. The investment and expansion of America’s business to other nations was an advan tage to them because of the availability of cheap labor. Efficient communications that were invented helped increase trade within different nations. With the increase in trade because of the production of many products, America raised its status to one of the powerful nations. Coalitions of America with other nation for military, trade and industrial benefit is another contributing factor to its rise as a world power. England and America come together as trading partners after solving their differences that had aroused from the enmity they had because of San Juan Islands. Relations with other big nations like German and Russia was improved by German agreements to give islands of dispute to the Americans. Russians is seen to have sold Alaska to America. With the expansion of America beyond the Pacific, its economic power increased which also lead to its rise as a super power. America growth as to power was also contributed by the expansion of its military. They considered the expansion of the military because of involvement in trade and investments in other nations. Additionally, they also had to consider expansion done by other countries on their military system and follow suit. With the support of the idea of military expansion by Alfred Mahan, who argued that military expansion could guarantee Americans safety of their businesses, America’s economy could also be increased by a growth of the military. With the idea of Alfred, America was to build a military system and navy inclusive of stations throughout the world. This would ensure them the takeover of the world as a superpower. Events that led to Spanish War of 1898 Before the Spanish war of 1898, Cubans were in the hands of Spanish colonists and they tried to free themselves from the colonists. With the idea of getting independence from the Spanish, they revolted against the Spanish using guerilla war tactics. The Cuban uprising against the Spanish failed, which prompted the Spanish to impound the lager Cuban population and put them in one location, a situation that lead to a humanitarian crisis. This is because the location that the Cubans were detained made them easily exposed to diseases and malnutrition. America saw these situations

Business Ethics Essay Example | Topics and Well Written Essays - 500 words - 37

Business Ethics - Essay Example For example, the level of pollution may vary but that does not mean that pollution is not experienced by either of the States. Differences in ethics are mainly based on professional cultures, laws, organizational culture, and human resource systems. In the United States, for instance, bribery to acquire a business is forbidden. In other countries, no business transaction can be conducted without bribery. In others, money obtained from bribery is tax deductible. In Asia giving business, gifts imply value for business relationships and convey respect. In the United States, such moves may not be necessary. Some might even consider it as a bribe to influence judgement. A code of ethics can be established for the global market through research. This will be achieved by gathering information about cultural requirements on different countries. These requirements can then be modified so that they are applicable to different business circumstances. Similarity with American code of business ethics will be professionalism such as proper communication channels. The difference will incorporate different cultural expectations. The first measure that should be taken in case an organization offends a foreign culture is to establish the nature of conflict by understanding the history of cultures. Expectations of different cultures greatly affect transactions. It is, therefore, important to understand cultural bases that define ethical behaviour. The second step requires conducting research about foreign ethical guidelines prior to getting into business. This knowledge acquired combined with good managerial skills can rectify an organization’s reputation. Finally, the offended party can be given the fundamental right to choose, and other advantages over the organization hence maintain integrity (Kent, 2014). Ethical frameworks greatly differ in the global business market hence making it difficult to distinguish practices

Australian Food and Nutrition Policy Research Paper

Australian Food and Nutrition Policy - Research Paper Example These diseases are now prevalent among Aboriginal and Torres Strait Islander populations. Lee et al (1994) investigated apparent per capita food and nutrient intake in six remote Australian Aboriginal communities. They found that in comparison to the rest of the Australian community, intake of sugars and sweetened soft drinks were much higher, and intake of whole grains, fruit and vegetables were much lower in Aboriginal communities. Furthermore, they found that white sugar, white flour, bread and meat provided over 50% of the apparent total energy intake for the people of these Aboriginal communities. The high intake of refined carbohydrates and the high percentage of energy intake from meat with excessive visible fat may help explain the prevalence of obesity, diabetes and cardiovascular disease in Aboriginal communities. Hence there is a real need in these communities for a program that will help people modify their patterns of food consumption. A high fibre intake program is proposed to promote consumption of whole grains, vegetables and fruit in Aboriginal populatio n, in order to reduce the prevalence of diet-related diseases. To improve nutrition and public health ... s action plan has been developed for all Australians, and the promotion of Indigenous health is also included; the companion document to the EWA program is the National Aboriginal and Torres Strait Islander Nutrition Strategy and Action Plan (NATSINSAP). The proposed high fibre intake program is intended to reinforce the importance of a diet rich in fruits, vegetables and whole grain products as outlined by the EWA program, and to improve the accessibility of these foods in remote and rural communities to meet the dietary needs of Aboriginal and Torres Strait Islander people. Program aim The high fibre intake program aims to increase the intake of dietary fibre in Aboriginal communities by promoting consumption of whole grain products, fresh vegetables and fruit in order to reduce and eventually eliminate the health gap between Aboriginal and Torres Strait Islander people and the rest of the Australian population. It is hoped that modifying consumption patterns in this way will reduce the incidence of diet-related diseases in these populations. Program objectives Increase the availability of whole grain products in remote and rural food retail sectors. Increase the availability of fresh vegetable and fruit, and also increase the proportion of caned vegetables and fruit, or dry vegetables and fruit, and juices without added sugar in remote food retail sectors. Disseminate the concept of high fibre intake among the Aboriginal and Torres Strait Islander communities. Promote a dietary shift from high fat and high refined carbohydrates to high fibre, low fat, and low refined carbohydrate in the Aboriginal and Torres Strait Islander populations. Rationale A great deal of scientific research has been dedicated to the study of the relationship between dietary fibre and

Compensation and other benefits Essay Example | Topics and Well Written Essays - 1000 words

Compensation and other benefits - Essay Example There are different types of accounting treatment and enclosures for employee compensation and benefits. These include short term, post-employment, long term, and termination benefits. Post-employment employee benefits are into single-employer and multiemployer plans respectively. This paper seeks to explore the different compensation types and how their respective account treatment and disclosures operate. Examples of short-term benefits include compensated absences, profit sharing, and bonuses. These are payable within twelve months following the end of employee’s service rendering period. Others are non-monetary and include housing, medical, cars, and subsidized goods and services. Accounting for these benefits is straightforward since actuarial assumptions are not for measuring the cost or obligation. Besides, any actuarial gain or losses are often not possible. Additionally, short-term benefits requirements are measured through undiscounted means. Some standards may require disclosures regarding employee benefits especially for key personnel managers (THE EU SINGLE MARKET, 2009). Post- employment benefits entail a given entity identified to offer benefits plans. The standard is then applied to all agreements regardless of whether or not they entail establishing a different entity to collect contributions then pay benefits. Examples of post-employment benefits are pensions and other benefits including medical care and life insurance. These benefits can be either through defined plans, based on the scheme’s economic perspective obtained from its critical terms or through defined plan of contribution. A pension scheme maintained by one employer is known as single-employer plan while that supported by different employers is referred to as multiemployer plan. The defined type of contribution plan is accounted for in a direct manner because for every period, the obligation of the reporting entity depends on the amounts likely to be

Business Ethics Essay Example | Topics and Well Written Essays - 500 words - 37

Business Ethics - Essay Example For example, the level of pollution may vary but that does not mean that pollution is not experienced by either of the States. Differences in ethics are mainly based on professional cultures, laws, organizational culture, and human resource systems. In the United States, for instance, bribery to acquire a business is forbidden. In other countries, no business transaction can be conducted without bribery. In others, money obtained from bribery is tax deductible. In Asia giving business, gifts imply value for business relationships and convey respect. In the United States, such moves may not be necessary. Some might even consider it as a bribe to influence judgement. A code of ethics can be established for the global market through research. This will be achieved by gathering information about cultural requirements on different countries. These requirements can then be modified so that they are applicable to different business circumstances. Similarity with American code of business ethics will be professionalism such as proper communication channels. The difference will incorporate different cultural expectations. The first measure that should be taken in case an organization offends a foreign culture is to establish the nature of conflict by understanding the history of cultures. Expectations of different cultures greatly affect transactions. It is, therefore, important to understand cultural bases that define ethical behaviour. The second step requires conducting research about foreign ethical guidelines prior to getting into business. This knowledge acquired combined with good managerial skills can rectify an organization’s reputation. Finally, the offended party can be given the fundamental right to choose, and other advantages over the organization hence maintain integrity (Kent, 2014). Ethical frameworks greatly differ in the global business market hence making it difficult to distinguish practices

Compensation and other benefits Essay Example | Topics and Well Written Essays - 1000 words

Compensation and other benefits - Essay Example There are different types of accounting treatment and enclosures for employee compensation and benefits. These include short term, post-employment, long term, and termination benefits. Post-employment employee benefits are into single-employer and multiemployer plans respectively. This paper seeks to explore the different compensation types and how their respective account treatment and disclosures operate. Examples of short-term benefits include compensated absences, profit sharing, and bonuses. These are payable within twelve months following the end of employee’s service rendering period. Others are non-monetary and include housing, medical, cars, and subsidized goods and services. Accounting for these benefits is straightforward since actuarial assumptions are not for measuring the cost or obligation. Besides, any actuarial gain or losses are often not possible. Additionally, short-term benefits requirements are measured through undiscounted means. Some standards may require disclosures regarding employee benefits especially for key personnel managers (THE EU SINGLE MARKET, 2009). Post- employment benefits entail a given entity identified to offer benefits plans. The standard is then applied to all agreements regardless of whether or not they entail establishing a different entity to collect contributions then pay benefits. Examples of post-employment benefits are pensions and other benefits including medical care and life insurance. These benefits can be either through defined plans, based on the scheme’s economic perspective obtained from its critical terms or through defined plan of contribution. A pension scheme maintained by one employer is known as single-employer plan while that supported by different employers is referred to as multiemployer plan. The defined type of contribution plan is accounted for in a direct manner because for every period, the obligation of the reporting entity depends on the amounts likely to be

Recording, Analysing & Using HR & L&D information Essay Example for Free

Recording, Analysing Using HR LD information Essay There are several reasons why an organisation needs to collect HR data and are no different. During my review I have discovered the following reasons we are collecting this information and examples of information that we are collecting: †¢Legal requirements- This has covered working time regulations, tribunals, accident at work reports †¢To be able to contact family or individuals- This allows us easy access to personal details in case of accidents, sickness or emergency contacts †¢To allow for decision making- Information stored allows us to consider promotions, planning training associated costs, work force planning Types of information: †¢Sickness records- Allows HR to track staff sickness and provides evidence for use of the staff sickness policy. †¢Staff appraisals- these allow HR to track the progress of staff, reward high standards and address offer support for staff who any areas to work on. These also allow the HR department to plan future training requirements as agreed through appraisals. †¢Staff contracts- by storing these it allows HR to maintain their records and consult with the documents if any queries occur for entitlements, holidays, sickness, retirements, pay, etc. †¢Training records- these are essential records that allow the HR department to track and maintain the workforce’s level of competency and training as identified through the individual’s appraisals, CPD and job descriptions which are vital for client audits. It also helps to build the training plan and associated budget requirements. During my review I discovered that had 2 methods on holding these types of information. A manual filing system, where documents are stored in filing cabinets and in their computerised system, , where documents are created, stored and scanned into the company computer system. The benefits of these two methods are: Manual System †¢Less costs involved for storage †¢Original hard copies that are easy to access †¢System can’t go down like a computer system †¢No need for technical support or technical training Computerised system- †¢Documents can be viewed anywhere in the company †¢Easy to access Send information †¢Takes up less space †¢Environmentally friendly †¢Easy to update Backup documents Due to the personal information that handles, there is a number of legal obligations that they must abide by to protect that information under the Data Protection Act 1998. As such we must comply with the 8 data protection principles in that personal Data shall: 1)Be fairly and lawfully processed 2)Processed for limited purposes 3)Adequate, relevant and not excessive 4)Accurate and up to date 5)Not kept longer than is necessary 6)Processed in line with your rights 7)Secure 8)Not transferred to other countries without adequate protection. Another legislation that governs this is the freedom of information Act. This provides the public access to information held by public authorities. It does this in two ways: †¢Public authorities are obliged to publish certain information about their activities; and †¢Members of the public are entitled to request information from public authorities. For the public to gain this information they must provide a written request with their: †¢Name †¢Address †¢Description of information And can be liable to a cost for providing this information, but will be entitled to a notice stating reasons if request is refused. Word count 542 Activity 2 Training department The training department currently consists of the Training and competency manager and a training co-ordinator. Their role has been to support the projects, offer advice on training and competency requirements whilst organising any training that is required. Training I have analysed the training that has been completed since June 2013, looking at the qualitative data consisting of the different types of training and analysing the quantitative data including the total of over 600 candidates and shown this in data base and a Bar Graph (appendix 1) To allow us to accommodate this essential amount of training, we have had to utilise different training providers ranging from within our own group, , local providers HITs, Sureclean and STS and even gaining cooperation from providers based in London, workplace Law. By utilising these training providers, we have been able to provide a trained workforce as required for our projects but at a substantial cost to our business and with different standards of delivery. Since June, Training department have been responsible for arranging the following courses that we could easily facilitate given the correct investment: 24 Confined Space sessions at a cost of 1 1st Aid Course at a cost 5 Helper Training at a cost 3 IOSH managing safely at a Cost of As this clearly demonstrates, a substantial volume of capital constantly has to be allocated to training our project workforce to bring them up to the required competence standard for each project. Unfortunately as they are not on permanent contracts these new skill sets and level of competence can and does disappear with the employees when they leave the project and as such means that we will require continued training to maintain this level and as such incur continuous costs. I Believe that by investing in our own Training facility and dedicated team, it would allow to provide a significant cost effective and fit for purpose training to meet national standards and project requirements to our workforce. An example of the benefits of having our own team and facility is the fact of the costing’s for delivery of our supervisory training on IOSH managing safely courses. preferred supplier for this training at present has been. I have negotiated their cost down from approximately ? 8000 to the following: IOSH MANAGING SAFELY Figures based on 15 delegates over 3 days Cost per delegate @ ? 650. 00 per delegate? 3000 Mileage for Trainer @ 45p per mile? 108. 00 Room Hire @ ? 100 per day? 300. 00 Food/Refreshments @ ? 209 per day? 627. 90 Total cost? 3,927. 90 Using our own trainer Projected Costs: Per course Managing Safely ? 50 Delegate Workbooks ? 1815? 270 ?20 per certificate x15? 300 Food/Refreshments @ ? 209 per day? 627. 90 Trainer x 3 days? 345 Total cost? 1592. 90 It is very clear from this quantitative data that a significant saving by having our own trainer and training facility as we do not have any of the extra costs involved for having the trainer traveling, staying in hotels and booking of suitable training rooms.

Domestic Marketing And International Marketing

Domestic Marketing And International Marketing The report has been prepared to highlight whether International marketing is really no different from the study of domestic marketing. It comprises the insight of domestic marketing, international marketing, and evolution of global marketing. The objective of this report is to explore various differences between International and domestic marketing. It focuses on various issues that need to be overcome before moving from domestic marketing to international marketing. This report illustrates various examples which moved from domestic to global marketing and experienced remarkable increase in the revenue. This report highlights various ethical problems faced in International Marketing. TABLE OF CONTENTS Topics Page No. Introductionà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦4 The evolution of global marketingà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.4-6 Domestic Marketingà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦..6-7 International Marketingà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.7-9 Domestic vs. Internationalà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.9-11 Empirical Examplesà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦12-13 Biggest International Marketing Mistakesà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.13 Ethical Problems in International Marketingà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.13-15 Conclusion à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦15 Reference and bibliographyà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦16 INTRODUCTION The marketing aspect is as important as other business aspect in every business engagement. The marketing aspect deals as how to make the product being introduce and sell in the market. There are many kinds of organizations created such as the domestic business, multinational business, international business, etc. The marketing strategies of each kind of business depend on the nature of the business involvement. Therefore, the Domestic and International markets should have separate marketing strategy. The differences of the two markets are obvious from the point of their market host and demand domain. The evolution of global marketing The long held tenants of marketing are customer value, competitive advantage and focus. Organizations hence studied the market, developed the product which satisfied the customer. They followed correct marketing mix to satisfy its own objectives. However this strategy proved to be very narrow as time elapsed and hence evolved Strategic Marketing. The focus was shifted from knowing only customer requirements, to knowing the customer in a context which includes the competition, government policy and regulations, and the broader economic, social and political macro forces that shape the evolution of markets. In global marketing term this means forging alliances (relationships) or developing networks, which works closely with home country government officials and industry competitors to gain access to a target market. The marketing objective has changed from satisfying organizational objectives to one of stakeholder benefits including employees, society, government and so on. Table 1.1 outlines a typology of terms which describes the characteristics of companies at different stages in the process of evolving from domestic to global enterprises. Table 1.1 Stages of domestic to global evolution Management emphasis Stage one Domestic Stage two International Stage three Multinational Stage four Global Focus Domestic Ethnocentric Polycentric Geocentric Marketing strategy Domestic Extension Adaption Extension Structure Domestic International Worldwide area Adaption creation matrix/mixed Management style Domestic Centralized top down Decentralized bottom up Integrated Manufacturing stance Mainly domestic Mainly domestic Host country Lowest cost worldwide Investment policy Domestic Domestic used worldwide Mainly in each host country Cross subsidization Performance evaluation Domestic market share Against home country market share Each host country market share Worldwide In stage one domestic marketing was in focus, with all activity concentrated in the home market. Organizations like milk marketing, solely domestically oriented organizations. In stage two home marketing is focused, but with exports (ethnocentric). Organization probably believes only in home values, but creates an export division. In stage three stage two organizations which realize that they must adapt their marketing mixes to overseas operations. The focus of theses organizations switches to multinational (polycentric) and adaption becomes paramount. In stage four global organizations which create value by extending products and programs and focus on serving emerging global markets (geocentric). This involves in recognizing the markets around the world which consist of similarities and differences and that it is possible to develop a global strategy based on similarities to obtain scale economies, but also recognizes and responds to cost effective differences. The strategies are a combination of extension, adaptation and creation. Domestic Marketing A domestic market is a financial market and trades are aimed toward a single market. A domestic market is also referred to as domestic trading. In domestic trading, organization faces only one set of competitive, economic, and market issues and essentially must deal with only one set of customers, although the company may have several segments in a market. Following are four guiding principles that governs the marketing strategy Knowledge Based Promotion The marketing platform is to deliver the huge benefit of products through ethically designed promotional strategies. The product will be promoted in the marketplace with a message that is focused, competitively advantageous, relevant and evocative to target audience segments, clinically supportable, and sustainable over time. Building Loyalty The marketers ensure that their product is always superseded by any other alternatives and it doesnt go out of fashion. Brand loyalty is integral part in adding value to their business. Parameters Not Formulas There is no set formula to devise the marketing and sales strategies and every product is different and respectively faces its own unique confluence of factors influencing its performance over time. The parameters governing should be with respect to sales and market share. Each of these parameters should be reviewed frequently through external market conditions, other corporate priorities, pricing changes, and new or revived competitors. Meeting the Genuine need The organization should aim to meet customer needs recognized by them. Japanese domestic market The term Japanese Domestic Market (JDM) is used by companies in Japan to refer to the services and product they offer in local market, as opposed to the international, non-Japanese market. The automotive hobbyist uses this term most commonly to refer Japanese-brand automobiles and parts designed and constructed to conform to Japanese vehicle and equipment regulations and to suit Japanese market preferences. Vehicles made in JDM migrate to other markets through ordinary commerce and the grey market. Vehicles made in JDM often differ in features and equipment from vehicles sold elsewhere. For example, Honda to sell its product worldwide has produced different versions of the B18C 1, B16A and K20A engines. This was done to suite varying emission regulations laws followed in different countries. Vehicles built based on JDM specifications will have stiffer suspensions and improved throttle response over vehicles built for different global markets, due to differing driving styles and different road types. For example, the USA features long highways and a smoother ride is always preferable, whereas Japans features short and twisty roads, where a stiffer suspension is desired for improved handling capability. For the US and European market versions, some features may be removed in order to meet certain price level, conventional rear suspension can be used instead of a double wishbone suspension and electronic devices like Active Yaw Control. Furthermore, engine power of JDM sports cars may be removed to meet stricter emission standards in other countries. The JDM headlamps would be a major concern when it comes to safety in countries where traffic flows along the right side of the road, because JDM headlamps are engineered for use on the left side of the road. International Marketing International marketing is a kind of marketing carried out by organizations overseas or across national borderlines. The strategy used is an extension of the techniques used in the home country of a firm. According to the American Marketing Association (AMA) international marketing is the multinational process of planning and executing the conception, pricing, promotion and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives. Global Marketing Strategy gives a practical managerial orientation to international marketing in complex, rapidly changing global business environment. The marketing strategy focuses on customer analysis, competitor analysis and company analysis. Once marketing strategies are established the focus is done for segmenting markets, targeting markets and market positioning in the international arena. Following are the factors that need to be considered before moving abroad Demographic and physical environment should be assessed in categories like population size, growth, distribution channels, etc. Economic environment should be reviewed that goes around with the income and expenditure activities, inflation, currency stability, etc. that will contribute for the new service or products success. Social and cultural environment should be assessed that encompasses a wide range of anticipations and assumptions with regards to the culture and social differences. Legal environment should be considered which includes the limitations on trade and tariffs, proper documentation and import regulations. Political environment should be reviewed in which the governments system is included. In terms of strategies, the international market is truly different and more complicated than domestic markets. Individualized Marketing Strategy: This strategy is followed by companies that conduct international business in several nations and is often utilized by smaller businesses involved in only one or two foreign markets. In this strategy, political, social, and economic factors are important components of the marketing process. Global Marketing Strategy This strategy ignores differences between nations and based on the notion that consumers around the world are growing more and more similar and a standardized product and marketing mix can achieve enormous economies, especially in advertising, packing, and distribution because they would not be changed. Domestic Marketing vs. International Marketing Global marketing decisions requires months of research. They require high degree of planning and formation of internal strategies, factors affecting strategies are target audiences, spending and profit margins. Global marketing is more complex, and must take into consideration numerous factors such as Language and translation: Some countries share similar language but every country has nuances of language that should be considered before marketing globally. The marketing pieces should be shared with native speakers in the countries targeted for marketing, even if the language is the same as domestic market. For example Spanish is a language shared by millions worldwide, yet the Spanish spoken in Mexico differs from the Spanish spoken in Spain. Cultural considerations: Cultures vary worldwide and marketing pieces must reflect cultural nuances accordingly. It is wise to examine cultural context before to save money later by helping you avoid costly advertising and marketing mistakes. For Example In the United States, advertisements depicting scantily clad models sell everything from shaving products to soft drinks but in more conservative cultures, such advertisements would be offensive or even banned. Price and payment methods: Online sellers should facilitate currency converters or payment processing systems that accept multiple currencies, sellers must be aware of pricing sensitivities by country, by product and by market. Before launching the product into global market, competition and competitive pricing models should be investigated. The price should be tagged depending on whether product is targeted for domestic or global market. Marketing methods and the media mix: Marketing methods such as websites and print advertisements are used in most countries while others countries prefer to have direct mails. Countries with large rural populations, such as China and India, may not have as robust a mail service as industrialized countries so they may rely more heavily on radio or television rather than printed messages to share new and information. Before investing in any media we need to understand audience being targeted. Distribution methods and shipping concerns: Each country has its own restrictions and law as to what goods can be imported. Costs, time delay and country restrictions must be accounted for worldwide shipping. Every organization must comply with all importation laws, and if required they should be willing to invest the time into learning rules and regulations concerning exports and imports. While planning is an important aspect of any successful campaign, there are certain considerations which are vital for successful launch of a product in domestic market and global market. Table 1.2 lists the instances required to be considered before marketing. Table 1.2 Considerations vital for successful launch of a product Domestic Planning International Planning Single language and nationality Multilingual/multinational/multicultural factors Relatively homogeneous market Fragmented and diverse markets Data available, usually accurate and collection easy Data collection a large task requiring significantly higher budgets and personnel allocation Political factors relatively unimportant Political factors frequently vital Relative freedom from government interference Involvement in national economic plans; government influences business decisions Individual corporation has little effect on environment Gravitational distortion by large companies Chauvinism helps Chauvinism hinders Relatively stable business environment Multiple environments, many of which are highly unstable (but may be highly profitable) Domestic Planning International Planning Uniform financial climate Variety of financial climates ranging from over-conservative to wildly inflationary Single currency Currencies differing in stability and real value Business rules of the game mature and understood Rules diverse, changeable and unclear Solid Global Marketing decisions involve months of research with high degree of planning to achieve companys ultimate goals. Advanced planning gives a number of advantages Helps coordinate activities Helps prepare for emergencies Gives activity continuity Integrates functions and activities Helps in a continuous review of operations Following are the common differences Domestic Marketing Domestic marketing is marketing aimed at a single market. This single market is the firms domestic market. The firm faces only one set of competitive, economic and market issues. International Marketing International marketing goes beyond exporting and calls for direct involvement in the local marketing environment within a given country. Understanding different cultural, economic and political environments becomes necessary for success in international markets. Empirical Examples The domestic businesses samples probably rise in the range of local suppliers whereas the internationally engaged business strives to keep their business growing such as the Nike, automobile businesss, and even beauty products. QVC shopping leader The QVC shopping leader started as a shopping channel. The show hosts could only demonstrate a limited number of products per day. In 1996, QVC thought of expanding its business by getting into an Internet business where customers could browse online at their iQVC web site for a much larger selection of products. The QVC marketed majority of its product online which resulted in quantum leap in QVC e-business, spurring development of a technologically elegant system of warehousing and shipping the items as well. iQVC noticed a profit only after three months, made $97 million in profits by the year 2000, and has enjoyed ever-increasing sales each year since then. McDonalds Strategy McDonald has succeeded in growing as a consequence of its strategic choices. The analysis of the external and internal environment of the company shows, McDonalds strengths are more significant than its weaknesses. The primary strength is its brand, which is recognized all over the world, and its position at the head of its industry makes it a force to be reckoned with. The ability to determine what consumers want and need and adapt to new requirement is a major strength of company. This is the one that requires McDonalds to keep reinventing itself. Previously McDonalds used to close in the evenings just after dinner, but now almost 40% of McDonalds restaurants stay open round the clock, this is done to focus on between-meal and late-night options such as snack foods and fruit smoothies. On top of this McDonalds keeps on generating new products more aggressively than in the past. The new selections are tried out in one market for several weeks to see how the sales, costs, and margins grow and how easy they are to prepare by the companys constantly-changing staff. McDonalds strategies add on to companys strengths, such as the delivery service. It offers services in crowded cities such as Shanghai, this way company not only make more sales by catering to the traffic-challenged, time-constrained, and lazy, it also saves itself some money at the same time, because delivered meals require no table clean-up at the restaurant. Biggest International Marketing Mistakes Few companies faced huge losses due to insufficient planning and research done before launching the product in global market. In South East Asia Pepsi Cola lost it dominant market share when they changed the color of its vending machines and coolers from deep Regal blue to light Ice blue as Light blue is associated with death and mourning in SE Asia. Few years back when Pepsi started marketing products in China, they translated their slogan, Pepsi Brings You Back to Life pretty literally. The literal meaning of slogan in Chinese was, Pepsi Brings Your Ancestors Back from the Grave. During Chevrolets attempt to launch the Nova proved a mistake as Spanish translation of it was Doesnt Go, and in Mexico translation was (turns out this one appears to be an urban legend and cannot be verified). Ethical Problems in International Marketing The ethical standards are frequently not defined or always clear even within the country, which to leads dilemmas for domestic marketers. The business ethics is infinitely more complex in international marketplace, because value judgments differ widely among culturally diverse groups. The ethical standards commonly accepted in one country may be completely unacceptable in other countries. In US, giving business gifts of high value is highly condemned, whereas in many other countries the business gifts are not only accepted but also expected. Once the existing ethical framework is examined in the field of international marketing from a macro marketing perspective, it is argued that marketers cannot always rely on universally accepted ethical norms, such as hyper norms or core values that have been suggested by a deluge of marketing. We can use some basic moral values in evaluating international marketing ethical issues. We should accept violations of basic moral values in internationa l marketing settings as ethical problems. Following are Major International Marketing Ethical Problems derived from applied researches by Armstrong Traditional Small Scale Bribery- This involves the payment of few concurrency to a foreign official in exchange for him/her violating some official duty or responsibility or to speed routine government actions (grease payments, kickbacks). Large Scale Bribery- This involves relatively large payment intended to allow a violation of the law or designed to influence policy directly or indirectly (eg, political contribution). Gifts/Favours/Entertainment- This includes a range of items such as: lavish physical gifts, opportunities for personal travel at the companys expense, gifts received after the completion of transaction and other extravagant expensive entertainment. Pricing This involves unfair differential pricing, questionable invoicing in which the buyer requests a written invoice showing a price that is different from the actual price paid, pricing to force out local competition, dumping products at prices well below that in the home country, pricing practices that are illegal in the home country but legal in host country (eg, price fixing agreements). Products/Technology This includes products and technology that are banned for use in the home country but permitted in the host country and/or appear unsuitable or inappropriate for use by the people of the host country. Tax Evasion Practices This is used specifically to evade tax such as transfer pricing (i.e., where prices paid between affiliates and/or parent company adjusted to affect profit allocation) including the use of tax havens, where any profit made is in low tax jurisdiction, interest payments on intra-firm loans, questionable management and service fees charged between affiliates and /or the parent company. Illegal/Immoral Activities in the Host Country This includes practices such as: polluting the environment, maintaining unsafe working conditions; product/technology copying where protection of patents, trademarks or copyrights has not been enforced and short weighting overseas shipments so as to charge a country a phantom weight. Questionable Commissions to Channel Members This includes unreasonably large commissions of fees paid to channel members, such as sales agents, middlemen, consultants, dealers and importers. Cultural Differences This is between cultures involving potential misunderstandings related to the traditional requirements of the exchange process (e.g., transactions) may be regarded by one culture as bribes but be acceptable business practices in another culture. These practices include: gifts, monetary payments, favours, entertainment and political contributions. Involvement in Political Affairs- This is related to the combination of marketing activities and politics including the following: the exertion of political influence by multinationals, engaging in marketing activities when either home or host countries are at war and illegal technology transfers. Conclusion Typically, the first area where companies seek to market their goods or services is within its own country (domestic marketing). Since the market, customer needs, tastes, geography, demographics, and distribution methods are familiar, its often the easiest place for companies to launch a product. The four Ps of marketing product, price, place and promotion are often easier for companies to determine within the domestic market. Companies begin marketing their goods or services within their domestic market, and expand to the global market to capture greater market share and open up new avenues for sales. Global marketing means to offer ones goods or services worldwide. Global marketing requires months of research and planning before getting into global market. It is necessary to understand different cultural, economic and political environments for success in international markets Reference and bibliography Text referencing: Reference book The Global Marketing Imperative by Michael R. Czinkota, Ilkka A. Ronkainen, John Tarrant News paper articles Electronic sources: Websites Publications available from websites Unpublished works: Personal communication