Business Essays

The increasing awareness of humanity on the importance of nature to society has led to the discovery of a market sector that is now becoming a vital source of income for some nations, and this sector is Ecotourism. Undeniably, ecotourism appears to be beneficial for some nations seeking to enhance the growth of the tourism industry.

The Statoils is in the business of oil exploration and its strategic objective is to stay in this business for very long time without increasing internal costs of running the business. The company has massive workforce consisting of 15.000 employees and most of the operations are in the North Sea, which means Northern European countries and Norway in particular.

Processes of economic liberalization and globalization have contributed to the steady growth experienced in the country. India’s economic growth was estimated at 7.5 % in the year 2000. Some of the areas that have experienced significant growth include the ICT sector and import-export trade.

Cultural relativism teaches that no one country’s ethics are better or more important than any other. When one is abroad they should make every effort to “do as the locals do.” (Donaldson 48) Even when confronted with situations that would seem unethical in the country that they are from.

As the discussion declares market conditions tend to have significant effect on the viability of a business. While conducting market analysis certain strategic tools are required. Keeping the objective in mind PEST analysis of Australia has been conducted. Special emphasis has been to the city of Sydney while conducting a PEST analysis. 

Kuwait is a very small but very wealthy oil-producing country with a GDP of $165.9 billion in 2012, growing at a rate of 6.3 per cent and GDP per capita is about $43,800 (CIA, 1). There is a strong growth in vehicle sales in Kuwait during 2012 and sales of new vehicles increased by 27% compared to last year with 102,944 units being sold.

Japan was the leader in the global shipbuilding industry until the 19990’s. However, the current financial crisis in Japan has affected the shipbuilding industry very much. China and South Korea are the major emerging players at the moment in the global shipbuilding industry. In fact, more than 90% of the global shipbuilding takes place in South East Asia.

Cadbury had been performing well even amidst recession. Kraft Foods believed that an acquisition of a strong competitor would increase the sales of their company. This led to Kraft Foods proposal to Cadbury for a takeover. After several bids by Kraft Foods, it had finally acquired Cadbury by £11.5 billion in the year 2010.

The agreement has thus far promoted the two economies by allowing cross border investing with minimal legal and financial obligations. Colombia and the United States are neighbors and share a border to the south of America which is north of Colombia. While the United States has been both the greatest democracy and economy in the world, the Republic of Colombia is an ethnically diverse country with numerous political squabbles that has often resulted in violence (Homburg, Sabine & Harley, 2009).

Walmart – Reflective Essay This reflective essay discusses my opinion on the case 32 which relates to Walmart and unethical practices related to human relationship management. Here I discuss my learning from the case study as well as provide my reflections on the case.

As Frierson emphasizes, the most obvious decision for such reformation of the financial system is establishing the European Bank Union. This will help preserve the single European market for investment and security services and develop the legislative base intended for the proper regulation of the financial opportunities.

For example, In China, the company produces air-conditioning components, in India, the company operates as an exchanger plate and in Egypt, the company manufactures isolating switches linings (Ranieri and Gibellieri, 2000.p. 78). The development of the company in International markets is mainly determined by the development of the company’s customers businesses.

The amounts generated from taxations of various products or services are channeled to the national treasury then used to meet governmental or national expenses like paying the civil servants, establishing national projects, and procuring national defense facilities among others.

In a floating exchange rate system, the market forces determine the rates without intervention by the governments. A freely floating exchange rate system is complete flexibility as compared to a fixed exchange rate system that does not allow flexibility. Freely floating exchange rate system adjusts continuously based on the response to demand and supply condition for the currency (Hill, 2012).

What are the most obvious advantages of a sole proprietorship is the fact that the sole proprietor has complete and total decision-making control over the business or entity with which he/she engages. Similarly, there are few formal business requirements where legal documentation is required with regard to setting up and maintaining a sole proprietorship.

The website of the company is http://www.greenmountaincoffee.com/ Background/History GMCR is a recognized leader in the coffee industry having established in 1981 as a small cafe, which later combined with Keurig after purchasing it in 2006. The primary business of GMCR is to0 provide a wide range of coffee selections which are made from 100% roasted Arabica coffee beans and packaging of K-Cup.

The author explains that NAFTA is a trade agreement between Canada and Mexico that is unlike other trade agreements between other countries that import and export raw sugar and processed sugar-containing products. Obligations under NAFTA allow member nations to deliver fluctuating volumes of raw and processed sugar products.

Upon its release, The Gods must be crazy broke all box office record in South Africa (Pfaff, 2004). It was later on released in the United States in 1884 and was well received, breaking the box office record for foreign movies in America. The movie also did very well in other countries across Europe and Asia, breaking all box office record in Japan (Pfaff, 2004).

There are four important resources that can help the exporters to compete in the potential overseas market. These resources are industry pages, export assistance, webinars, and trade data & analysis. The United States Foreign Commercial Service is the significant promotion arm of the International Trade Administration of the United States Department of Commerce.

Jonathan telephone Peter and said he had only $ 160, but Peter insisted on $ 180. Jonathan demanded to see if the bicycle was in good condition before making the purchase decision and he could only get more money in two days time. Mary also saw the advertisement and offered to buy the bicycle for $ 190. Peter accepted the price of $ 190 and Mary took the bicycle away.

In accordance with family business, there exists a crucial bonding amid the family as well as the business. As a matter of fact, the main feature of the family business is to keep a focus on long-term profitability instead of short-term returns. The various types of family business entail companies, partnerships as well as limited liability partnerships.

Ethics (moral philosophy) involves systematization, defense, and recommending of the wrong or right concepts as rules of conduct that govern and are recognized by a particular culture. It would also refer to the system of moral principles that analyses and governs the conduct of individuals in the society taking into consideration their rightfulness or wrongfulness.

A cultural identity essay is a paper that you write exploring and explaining how your place of upbringing, ethnicity, religion, socio-economic status, and family dynamics among other factors created your identity as a person. Ancestors may have Indigenous origins, or origins that refer to different countries, or other origins that may not refer to different countries.

Working with and leading people Table of Contents Table of Contents 2 Introduction 3 Task 3 A 3 P10-Overview 3 Discussion 3 P11- Effectiveness of the team in attaining the goals 5 Task 3 B 6 P12 –Factors responsible for judging work performance 6 Task 3 C 9 P13- Plan the development needs required for Noor 9 P-14 Success of the assessment process 10 Conclusion 11 References 12 Introduction Leadership and management are two prime pillars of an organization.

The overall importance of understanding and defining each of these market structures rests in the fact that complete understanding and analysis of how firms within such structures operate is required as a function of making the business or firm more competitive; regardless of what market structure it exists within.

Business Introduction to modern globalization The concept of globalization refers to the phenomenon in which the entire globe appears to be coming under the canopy of a single order. This is the general and most broadly defined idea of globalization. This phenomenon involves integration of global economy through transfer of knowledge, transmission of technological knowhow and cultural and social values, change and modification of various government as well as private sector policies, regulations related to the geographical borders and change in relations of production.

An elaboration to this finding has been offered in the discussion of this essay. Boeing Aircraft Company Boeing Aircraft Company is one of the largest manufacturers of military aircrafts and commercial jetliners. Boeing believes fundamentally in the expansion of its products and services to meet the changing desires of the customers through utmost quality assurance, in accordance with the prescribed relevant legislative norms.

Perhaps it is important to note the fact that the competition in the apparel industry is quite high considering the huge number of players within the industry (Rasiah 540). When it comes to the ranking of clothing exports, Malaysia is at the same level with Sri Lanka, Morocco, Tunisia, and Poland, which more or less share the same cultures and customs (Khadmudin para. 2).

Walmart tried to impose American cultural values in its stores across the globe thus failing to accommodate cultural diversity. The mandate to open the stores for 24 hours conflicts with the cultural habits in various areas outside the US. Ultimately, Walmart supplies in Japan do not meet the customers’ cultural tastes or standards of quality.

Garvin (2009) conducted a research assessing quality of service. Apparently, it is beyond doubt that customers do value quality of products and services they obtain from business community. Garvin describes quality as the ability to meet customers’ needs.

The company’s success can be attributed to their quality service, value, quality and innovation which that the company has maintained since it was started 125 years ago. The company has opened branches in over 41 countries other than in the UK and has well-defined rules and regulations with regards to product quality, innovation, and customer care.

Apple Inc has been fostering innovation and promised to revolutionize the market and as a result, its business, strategies, and success story have attracted the wide attention of business experts and academicians worldwide. It presents a brief analysis of Apple Inc, comprising important sections such as the company’s background, or organizational chart.

The global value chain is a factor that has the potential of accelerating business between countries thus leading to an increase in economic activities, which in turn provide various trading and economic activities within the borders of the individual countries. These economic activities are vital since they lead to an increase in the growth of the gross domestic product.

Efficient structure hypothesis ESH This is a hypothesis that postulates that the interlinking between the market structure and performance of any firm is defined by the efficiency of the firm. For instance, the firms that have superior management or production technologies possess low cost and this implies high profits.

WHAT IS MEANT BY ETHICS? Ethics is a code of moral principles that people follow with respect to what is right or wrong. Ethical principles are not necessarily enforces by law, although the law incorporates moral judgments.

Employee empowerment strategy leads to specific action as it helps to improve the morale of the employees, job satisfaction and motivates them to perform better. Employees identify with the ideology of the company take pride and personal responsibility.This leads to action from them to better the overall productivity .

The researcher analyzes Babatunde’s, who was the Technical Support Manager at Vidsoft and initially applied his management style having a micro-management attitude where all his efforts went towards performance and success of the entire team. However, this management style felt short and it became increasingly difficult for the team.

John Stropki, the Chairman, Chief Executive Officer and the President of the company, has played a key role in expanding the company’s business globally, and now he is planning to expand the operation in India in 2006, after covering the markets in North America, Latin America, Europe, and the Asia Pacific.

This essay explores such issues: the United Nations millennium development goals, progress toward the goals and impact on international business; the WTO principles and success in their implementation; the Organization for Economic Cooperation and Development; financing operations of the World Bank: purposes of the financing operations and success in realizing the purposes.

This paper will specifically discuss merits and demerits of both fixed and floating exchange rate regimes. According to the paper the most notable advantage of fixed exchange rate is that this condition avoids currency fluctuations and related currency losses. Hence, fixed exchange rate would assist an organisation to get rid of the troubles associated with unexpected global financial market fluctuations.

As such, choosing the right and appropriate market entry strategy has seen growing importance over the years. As Tielmann (2010) puts it, strategic decision-making in a global environment determines the overall direction of the organization. To compete successfully in foreign markets, a comprehensive framework for achieving a company’s main goals needs to be formulated.

Business ethics have both the normative as descriptive dimensions however,from the perspective of the practice,business ethics are mostly considered as normative in nature. The overall emphasis is balancing the act between the commercial and profit maximizing motives of the organizations with that of the non-commercial and non-economic concerns

Another is the marriage model which places these ventures into a continuum of cultural fit and cultural clash/ integration and autonomy. Some entities that enter through integration on the onset often start with cultural clashes with the hope of promoting integration. This does not often end up well. Those that often work well are those that encourage autonomy which builds trust and understanding.

Premier Foods identifies its three core values: focus, belief, and trust (Premier Foods 2012). These are the foundational principles that drive business development, management structure and philosophy, and ethical stance in an organizational context as well as related to external stakeholder relationship development.

As the paper outlines, globalization is said to have various positive and negative impacts on the country’s economy and the living standards of the people. The positive and negative effects of globalization have turned out to be opportunities as well as challenges to the MNCs. It is up to the MNCs to optimally tap the opportunities, even while overcoming the challenges, with effective strategies.

The effective salesperson needs to keep the interests of the customers at heart in order to build a long term relationship.As such, this sales report seeks to analyse the significance of personal selling in the operations of Forty Travel and Tourism Agency (FTTA)

The ineffectiveness of Tegan’s Accounts Payable system raised some issues subsequent to this rapid business growth. This situation forced Tegan to restructure its A/P system, and the company adopted an outsourcing approach to solving this problem. From figure 11.20, it is evident that 70% of the companies outsource their projects in order to tap outside sources of expertise.

This annotated bibliography contains an overview of Sumantra Ghoshal, W. Brian Arthur, and George S. Yip's books. Here you will find the analysis of Chapter 16 of Global Strategy: an Organizing Framework. Strategy and Chapter 17 of Increaing Returns & the New World of Business along with the Chapter 18 of Global Strategy in the Twenty-First Century.

The market share of Sainsbury’s in the year 2011 first quarter is estimated to be around 16.5 percent (Shannon, 2011). The market position of Sainsbury’s is quite strong in London as well as South East.

The functional tactics of TDL Ventures are to be focused in the areas of decision taking about the facility of the organization, equipment needed and operations planning. Here this organization is in the budding stage of business so it should have a medium sized facility with a comfortable atmosphere for clients.