Globalization from the Regions of East Asia with Australia and Oceania - Essay Example

Compose an essay addresses the overall theme of globalization from the regions East Asia, South East Asia, Australia and OCeania, but specifically focuses integration and change of cultural identity, indigenous peoples, Micro-states. Explore the varying demographic structures and the environmental issues posed by the various agricultural systems and other primary economic activities, as they affect these regions and the world. The impact of globalization in Asia and its adjoining sub-continents has not only affected the economic activity in the region, but is also leaving its mark on the regional security, cultural identity and other demographics as the phenomena has encouraged the integration of cultures and societies. This has, furthermore, enhanced the economic interdependence and several transitional problems have also risen, most prominent ones being in the primary sector activities, such as agriculture, moreover posing a threat to the environment, changing the terms of the poverty-environment tradeoff, with the introduction of new threats. The transition in the employment trends too has been affected by globalization, with more people opting for blue collar jobs. This complex network of numerous factors attached is interwoven; a change in of the factors would certainly lead to a change in the other. Taking the example from the aforementioned scenario, a change in the employment patterns would certainly lead to a change in the level of environmental degradation as more industries would now operate and the farmers’ reliance on insecticide and pesticide sprays would be maximized in order to at least try to operate at full capacity. Globalization in these states, especially with the integration of micro-states has most certainly leaded to the aforementioned issues and to an emergence of a fresh culture. Assume that you own a small camera store. Outline specific ways you could prospect for new customers using all of the techniques. In order to market a product, specially, a camera, successfully one must first identify the demand pattern of the product after conducting a thorough market research and must move strategically with respect to the marketing mix. To carry out a wondrous marketing and a promotional campaign, the 5 Ps of the marketing mix must be there as well as, in a case, such as that of a camera outlet, the product must be introduced in the niche market, where both, above-the-line and below-the-line marketing strategies must be adopted, to attract as many perspective customers as possible. The ATL must be carried out mostly through print media, Internet and social media, where the strategy must focus and lay prominence on the presence of any special offers and unique features of the products. The posters, banners and other paraphernalia must be placed in the areas where the highest customer demand is. The BTL would help the camera outlet establish as a brand where the customers may be able to use the product before purchasing it and can help with the bridging of the trust deficit between the customer and the business. The perfect marketing strategy that can contribute in the rapid increase of sales and a higher revenue earned would be a mix of both these strategies and a strong management that ensures that they are implemented properly. Explain how small business owners face challenges that differ greatly from the challenges of executives in large corporate firms. The core challenge faced by a small business that is hardly faced by a large business executive is the maintenance of that very business. There are numerous challenges shared between the businesses, regardless of their size, which include human resource management, establishing and building a brand but there are many which are specific in their own nature to the small businesses and out of which large businesses have grown out. Small businesses often depend on a single client, who in many cases may constitute a majority of the total income earned and for which client consistency and loyalty is labeled to be must. Management of the capital is also one of the prominent small business problems, especially in cases where the liability of the owner’s self and assets exists. Capital management becomes more important when there are injections in the business, which requires a strong hold over the accounting and finances over the business. One of the most important, yet arduous challenge is the maintenance of balance between growth and quality, which is important for the business to grow, financially and physically in the market. But this factor is often ignored by many in the cases, where the personal interest of the founder of the business wears out or when he or she is not able to encompass the expertise, onto their respective workers and staff. Research the baseball players’ strike of 1980, which took place in two parts: spring training and later in the season. Analyze this choice by the players in terms of BATNAs. You should know that players are paid uniformly throughout the season when they are not on strike but not during spring training. Also, game attendance is highest late in the season. The baseball player’s strike in the year 1981 lasted for almost one full season and all stakeholders incurred an estimated total loss of around two hundred million dollars. The basic reason behind this strike, which was done in two parts, was called apropos to the owners of the league teams taking back the privileges granted to the players. Negotiations between the players and the owners had failed, both in private and in courts. After a few weeks, however, settlements were reached between the two concerned stakeholder parties and it was concluded that whichever team lost a star player would have a choice to pick anyone out from the pool of players that would be designed, which lifted off the restriction of the players of being limited to any single club. This ensured that there was uniformity in the salaries paid to the players but minimized competitiveness. This was most probably the best alternative that was available to all the parties after negotiations and finally an agreement was reached, which however was not a pleasant one as the stakeholders refrained from even having a picture taken. Create the Value Net for your own business or a business with which you are familiar. Take special care in thinking about complementors; they are often overlooked. The Value Net as suggested by Adam Bradenburger and Barry Nalebuff recognizes the presence of four groups that influence a firm. The effects of these influential groups are henceforth, interwoven and dependent upon each other. This helps the firm frame a stronger strategy in order to go by the competition and eliminate the threats in the market. The customers, complementors, suppliers and competitors are the aforementioned groups. In the Value Net analysis of the firm, Dell Computers Inc. the customers range from individuals to institutions, where the demands for the product is varied from netbooks to servers. The complementors may, however, be the software houses such as Microsoft and Intel, without which the use of those computers and laptops would not be possible and vice versa, where these software house products too would be useless without the Dell products. The suppliers to Dell can be of all types. Ranging from the vendors supplying plastic materials, steel for the laptops, to those supplying the silicon chips for the memory rams. Competitors for Dell would obviously be the giants in the market, like Dell itself. These giants would include the likes of Hewlett-Packard, IBM and Apple, which are producing quality computers, servers and laptops and targeting the same market as Dell. The competitors are to put up a healthy competition in market in order to achieve a greater share of sales, by introducing features that may be unique in their own kind, to the respective products. .A rule in a contract, generally one with a commodity supplier, is the take-or-pay provision. It is usually used with commodity suppliers that have high fixed costs. As an example, you agree to buy 100 units from a supplier at $80 per unit. If you buy less, you still have to pay $60 for each unit not bought. How does this provision, which essentially turns $60 of variable costs into a fixed cost for you, discourage a supplier’s competition from stealing business? A take-or-pay contract is an inscribedtreaty between a purchaser and vendor that lays mandatory on the purchaser to recompenseirrespective of whether or not the vendorbrings the good or service. Normally thisremuneration is not about the entire amount for which the product was sold and gives rights to the vendor in the case where the purchaser does not receive the good or service, when delivered. The use of a take-or-pay contract is relatively common. “The main function of the take-or-pay contract is to ensure that the provider does not have to absorb the costs of related expenses when the buyer changes his or her mind. The take-or-pay contract does not protect the seller when the product or service is not provided due to issues on the seller end, however. When product is not provided due to negligence of the seller, the buyer is usually not under any obligation to pay anything.”(Conjuncture Corporation) Works Cited Conjuncture Corporation. WiseGeek. n.d. 23 August 2012 . Read More