Management in a Globailsed world Assignment Example | Topics and Well Written Essays - 1250 words - 2

Management in a Globailsed world - Assignment Example The expatriate should understand the culture of the destination country. The paper will offer management advice on cross-cultural training before the client sends an expatriate from South Africa to Amsterdam, The Netherlands for a 2-year asasignment. The paper will cover globalization in international business, the factors that matter when an expatriate moves to another country, the importance of culture, the comparison of Netherlands and South Africa’s culture using Hofstede’s model and things that a culturally intelligent executive should be aware of. Globalisation in terms of international business refers to the process of integration and interaction of companies, governments and people of different nations due to international trade and foreign direct investment (Went 2000). Globalisation is the process by which production and marketing in different nations is continuously becoming interdependent due to the changing dynamics in the trade, capital and technology advancements (Ritzer 2010). The current wave of globalisation is driven by the economic deregulation and free trade policies that allow multinational companies to increase the production capacities through setting own manufacturing operations in foreign markets or entering in to marketing partnerships with foreign partners (Neelankavil and Rai 2014). The advancements in technology has allowed multinationals to identify and pursue economic opportunities such as low-cost manufacturing opportunities in developing countries. Globalisation has led to exchange of raw materials , free movement of capital and infusion of cultural norms thus leading to increase in the global production output, stiff competition in markets and improvement in the quality of products (Went 2000). The establishment of multinational organizations such as the International Monetary Fund (IMF) and World Trade Organization (WTO) has facilitated the interconnectedness of national economies due to deregulation of

Decisions In Paradise 3 Essay Example | Topics and Well Written Essays - 1000 words

Decisions In Paradise 3 - Essay Example Then GT Corp should channel funds to establish the infrastructures needed for the school. As Education is a necessity for the youth of Kava, the school will have no problem in recruiting the local students. There are certain factors and/or considerations prevailing in Kava both in its internal as well as in its external environment, which could affect the deployment of the Business School. The first of the destructive factor that could affect the Business School are the ongoing problems with natural disasters. That is, with the Kava located in the Pacific, it has been and will also be under threat from natural and man made occurrences or destructions like Typhoons, Tornadoes, Floods, Fires, Volcanic eruptions, Earthquakes and Petroleum spill. These destructions will destroy the Business School if its intensity is greater and close to the school. These occurrences are a common phenomenon in the Pacific and Kava could be no exception to it. Also, with not so advanced technological setup and infrastructure, the whole island is like a sitting duck to the nature’s fury. Even if, GT Corp builds its Business School with inbuilt protections, there will be skeptics questioning its validi ty and pinpointing only the risk factors. And, if the skepticism also creeps into the different hierarchy of the corporation and into the minds of the stockholders or stake holders, the deployment will become difficult. That is, when the top management and the stockholders raise doubts about the project, the financial resources will be blocked leading to the failure of the project. Also, a great deal of financial resources will be again needed to rebuild or repair the Business School, if it comes under the fury of the nature. Another factor, which could affect the deployment of the School, could come in the form of costly healthcare in Kava, which will be needed for protection from

Letter Essay Example | Topics and Well Written Essays - 250 words - 18

Letter - Essay Example As for my country, I would like to come up with the best health care plan in the world where every citizen is entitled to free medical healthcare. With a healthy nation, the currency will increase in value thus, improving the economic level. For me to reach the presidency, people in my Arabian community would have had a greater share of me. This is only possible if I am their Governor. Following the discussions I had with a number of governors in Saudi Arabia, my people have been deprived their rights for a very long time. A time for change has come and with his guidance, I will sail through. During my years in college, I had started a community based group called â€Å"The Young Flames† which encourages young people to spearhead for real change and fight injustice. We have been able to reclaim over a hundred youths who had sunk into drug abuse and with this we thank ourselves. After college, I want to improve our group for it to become a national movement in future and am certain of this. My political science course has been the most enjoyable and with it, change is going to be

Problem question Essay Example | Topics and Well Written Essays - 2000 words

Problem question - Essay Example According to section 143 (1) CJA 2003 openly stipulates that the graveness of a certain offense must be established by revisiting two main elements; the guilt of the criminal and the damage that resulted from the crime or potentially being rooted by the crime (W100 team, 2012; p. 55). From Jake’s solicitor point of view, he must be tried as a first offender considering the graveness of the offense. From the information provided in the case Jake has got no previous criminal records or convictions. Hence the reason for the magistrate to pass an appropriate sentence that will not harm him more. Revisiting factor number one concerning guilt or culpability of the lawbreaker, it is partitioned into four main parts according to degree of seriousness. The offender may have had the objective to commit to cause damage or injury to the victims. He/she may have been careless in causing injury to the point that he/she knows harm will be caused but he/she still goes forward to commit the cr ime. Besides, the offender could have had facts about the impending risks of causing harm but he/she did not have the intention to cause injury. Lastly, the criminal could be totally negligent of the risks and the likely harm. Basing on the facts given Jake falls in the least seriousness to an extent that he was totally negligent of the risks involved. Jake committed the crime on impulse without putting in mind the impending risks. He had the assumption the owner had already left in hurry and that the said owner irritated him in addition to his friends’ irritation and ridicule of his entire situation. Therefore Jake must be charged under the least seriousness or culpability. Secondly, the harm caused during the criminal act counts a lot for magistrates’ evaluation. Though the state of harm is hard to classify, section 143 (1) CJA 2003 makes an effort to group harm in three wide headlines that may be used during the court proceedings or trials of the offender (W100 team , 2012; p. 55). Injury to persons or victims could be rape, psychological harm or loss of finances; destruction to the society which could encompass destruction of public health facilities hurt to the national safety and lastly harm to the animals. Though from the facts given, the four year child got scared to a point of not being left all alone for more than 3 months, Jake was not aware that his actions could come in the line of the a child. Besides, the mother being stressed to an extent of attending counseling for six sessions, Jake had no intentions to scare anyone. If by any point she got scared, then it is clear that her actions with those of the child scared her off. Jake was hoping for a peaceful job; where he expected no one to spot him. From the series of events in the information provided it is apparent that as much as the bench of magistrates can entirely blame Jake for the offences given, at the same time one must note that Jake acted on impulse and not on intent. The s olicitor must also use other factors such as mitigating and aggravating factors in defending Jake. These factors are vital in ruling judgment upon the accused or offender.

Ethics and the Conceptual Framework Paper Essay

Ethics and the Conceptual Framework Paper - Essay Example This paper describes, analyzes and compares three areas which are: FASB conceptual framework, judgment & decision making in accounting and principle based accounting vs. rules based accounting. The conceptual framework of accounting was developed by the Financial Accounting Standards Board. The conceptual framework provides a value resource for the accounting profession, but the framework itself does not affect the day to day activities of a person working in the accounting field. It does not affect the practice of accounting directly since concepts statements do not require changes in generally accepted accounting principles, amend, modify or interpret existing accounting disclosure standards or require changes in accounting procedures or require disclosure of practices that might be in conflict with the concepts (Foster & Johnson, 2001). The primordial purpose of the existence of the conceptual framework is to serve as a base for the FASB in order to facilitate the process of standards setting for the profession. The organization is benefited since the framework provides a solid reasoning methodology which sets a reliable basis that can be utilized by the members of the organization regardless of who are the people working in any particular time period. The framework is a tool that brings consistency to the standard setting process. It helps eliminate personal bias from the standard setting process since the members of FASB are obligated to follow the conceptual framework. Another contribution of the conceptual framework to the accounting profession is that it helps create financial statements and other financial reports that are prepared in a consistent manner that result in reports which all users can understand and interpret in a similar manner. There has always been a dilemma in the accounting profession on the liberties that its professionals should have concerning the judgment and decision making criteria. Back in 1964 the organization that

Convergence of Accounting Standards Essay Example | Topics and Well Written Essays - 1750 words

Convergence of Accounting Standards - Essay Example The world markets are increasingly converging due to globalization, and there is a constant flow of investments from one part of the world to another. The use of different accounting standards in a highly globalized world has hampered the flow of investment across borders, which drags the world economic growth and security valuations in its turn. As a result there has been a move among the regulatory bodies to converge the accounting standards globally, and steps have been taken towards this aim. Sir David Tweedie, The Chairman of IASB, says that research shows that if companies are familiar with a country's accounting standards, then they would invest more there than if they are unfamiliar with it. Any company entering another country's market has to learn its accounting principles and even then they remain concerned that they may have overlooked at some points. This increases the risk premium and cost of capital, as well as the interest charged on it. This might lead to a company cutting its investment, thus cutting employment and hence cutting its growth. Hence, a common set of international accounting standards becomes very important. (Heffes, Apr 2006) A global set of principles based accounting standards is the final goal of this international convergence in accounting standards. ... Of these, the most important is the Financial Accounting Standards Board (FASB) of the United States. There has been a marked difference in the accounting standards of FASB and that proposed by IASB. The latter is propagating a principles-based accounting standard, while the former has been following a rule-based accounting standard. A lot of effort has gone into bringing the FASB to the IASB's line of thinking. And a lot of progress is being made. The UK accounting standards have traditionally been principles based and so have not had much disagreement with the efforts to converge with an international accounting standard, which is based on principles. In this paper we analyze the convergence projects undertaken between the IASB and the FASB, and the UK accounting standards and the International Accounting standards. History The FASB is the private sector standard-setting body in the USA. It was established in the year 1972. The standards that FASB sets put recognition, measurement and disclosure principles to be at the heart of preparing the financial statements. The IASB was created when the erstwhile IASC was restructured. The IASB was delegated the responsibility of producing a single set of high quality, understandable and enforceable IFRS's and to encourage convergence on these standards. The first step taken towards convergence between FASB and IASB accounting principles was the Norwalk Agreement, which discussed how the two bodies could work together to "get rid of the reconciliation between US GAAP and International standards." The second step has been the European Union adopting International Financial Reporting Standards (IFRS), which has meant a 100 or more countries adopting it. (Heffes, Apr 2006) In 2002, the EU approved a regulation,

OPPORTUNITIES AND CHALLENGES IN MOBILE SERVICES Research Paper

OPPORTUNITIES AND CHALLENGES IN MOBILE SERVICES - Research Paper Example Programs in the connected mesh do not interfere with each other, that interference general case for mobile media. Challenges and Opportunities Conflicts connected mesh conceives characteristics of mobile media. Consequently, the mobile systems bear from reduced flow, dead zones, as well as encouraging mobility is not enough. Characteristics of mobile systems may all appear awful at the start glimpse, but a new viewpoint, displays that some of them may be utilized in our favor, but with a new design (Verkasalo 2009). The propagation of mobile telephone boasts an opening to address their need of reliability when the node is a package, it is probable that not less than one close by node obtains, which can then proceed as a next step and drive the packet. This is in stark compare to the present conceive of mobile, where there is one designated by the next jump, and when he did not obtain the bundle, the preceding segment to retransmit. Property is called spatial diversity and has been re vised in the literature. The flow of mobile systems today is very awful, and we recount here the architecture round mobile mesh cipher can assist to advance throughput. Intuition that mesh cipher raises the flow of going, because cipher permits routers to compress the data conveyed given what is renowned in distinct nodes. Mobile users can now get access to data anytime and anywhere. Mobile advocating, retail, and the game are very well liked, and little by little affray between providers of mobile services becomes cruel (Allen 2003). Thus, some service providers to customize the content personalization expertise to its users. This item discovers the possibilities and trials in utilizing expertise personalization in m-commerce. The argument over the effectiveness of personalization and technological constraints and privacy inspire us to aim assemblies with mobile users, and discover the possibilities and trials of personalized mobile services. M-commerce is the buying and trading it ems and services by mobile devices. In supplement to retail, there are submissions for mobile advocating and mobile games. According to (Smura Kivi and Toyli 2010), only 16% of the half a billion Internet users were international mobile Internet users in 2001, and the percentage expanded to 57% of the 1.5 billion Internet users in 2007. Without a question, the m-commerce becomes relevant. Distribution of mobile submissions founded on these medium has become a "focal point" rudimentary services of the company. Recent improvement in mobile expertise space, for example international positioning schemes (GPS), mobile operators can work out the position of the mobile medium inside a couple of meters. Previous study contends that such likelihood with information of the position, the mobile conduit presents businesses with more intriguing agreements and sales possibilities that the world broad web conduit is doing (Verkasalo 2008). Using the benefits of mobile business, the inquiry of what lies deep in the minds of mobile mesh operators: what is this location, content will be delivered? With expanding clientele anticipations, without a question, the note is a universal set about is not strategic. Customers favor customized or even personalized services. Adaptation of the content on locations users (and even their preferences, enterprise goals and context) is required to accomplish enterprise possibilities in m-commerce.