International Business Globalization free essay sample

The shipping costs are much less than it would be to perform these tasks in one country. This is called absolute advantage, where someone is great at one thing. With this in mind you will get a product that has the best resources available at the lowest cost, which is comparative advantage. Finally, specialization is where everyone is doing what they do best and pulling their resources together to make one incredible product. Q-2. Use the theory of comparative advantage to explain the way in which Logitech has configured its global operations. Why does the company manufacture in China and Taiwan, undertake basic Ramp;D in California and Switzerland, design products in Ireland, and coordinate marketing and operations from California? ANSW. Logitech is very brilliant when it comes to comparative advantage. It does basic Ramp;D work in Switzerland with 200 employees, its headquarters are in Fremont, California with 450 employees as well as some Ramp;D, the ergonomic designs are developed in Ireland, and the products are manufactured in Taiwan and China. We will write a custom essay sample on International Business Globalization or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The comparative advantage is that it is the most cost effective to break up the business in many different countries that specialize in a certain job. Q-3. Who creates more value for Logitech, the 650 people it employs in Fremont and Switzerland, or the 4,000 employees at its Chinese factory? What are the implications of this observation for the argument that free trade is beneficial? ANSW. The 650 employees in Fremont, California and Switzerland create more value for Logitech. It is where all of the Ramp;D and designs are developed. The 4,000 employees of China add $3 to the Wanda product, which is almost nothing in comparison to the remaining $37. Free trade is beneficial because labour costs can be brought way down. O-4Why do you think the company decided to shift its corporate headquarters from Switzerland to Fremont? ANSW. America specializes in Ramp;D. The headquarters were moved because of the company’s global marketing, finance, and logistics operations. That is what Americans do best. O-5To what extent can Porter’s diamond help explain the choice of Taiwan as a major manufacturing site for Logitech? ANSWThere are four parts to Porter’s diamond: (1) factor of endowments, which is a nation’s position in factors of production such as skilled labor or the infrastructure necessary to compete in a given industry; (2) demand conditions, which is the nature of home demand for the industry’s product or service; (3) relating and supporting industries, which is the presence or absence of supplier industries and related industries that are internationally competitive; (4) firm strategy, structure, and rivalry, which are the conditions governing how companies are created, organized, and managed and the nature of domestic rivalry. Taiwan’s factor of endowments was that it had a science-based Industrial Park in Hsinchu. The demand conditions were that the Taiwanese were already trained to deal with technology. The relating and supporting industries were that Taiwan was the best as building technology as the lowest cost. The firm strategy, structure, and rivalry were that Taiwan had no domestic rivalry; they provided the lowest cost. Q-6Why do you think China is now a favored location for so much high technology manufacturing activity? How will China’s increasing involvement in global trade help that country? How will it help the world’s developed economies? What potential problems are associated with moving work to China? ANSW Chinese labourers are some of the cheapest in the world. Even though the workers are not treated very well, they are starting to rise up and demand more wages. The increase in foreign trade for China has helped to increase their economy. The world’s developed economies will benefit because of the globalization of production. The potential problems are that Americans are losing jobs to foreign markets. Case 2 Q. what do you think are the economic benefit of liberalizing the EU energy market? Who stands to gain the most from liberalization? The economic benefits of liberalizing the EU energy are followings. First, greater efficiency leads to lower costs and prices, which is improving competitiveness. It is also crucial for companies that are competing in a more global market. As liberalization and the introduction of competition becomes more widespread across Europe this should lead to further efficiency gains, costs reductions and the potential for lower prices. A completely open European market will allow all consumers to benefit from the cheapest available sources of energy and will drive companies’ costs down based on economic scales. Second, it ensures a secure and stable energy supply in Europe. It can stimulate the competition between the energy companies and attracts more investments on the European internal energy network. For instance, when Russia and Ukraine â€Å"show off† their gas line’s time once more, the EU energy market is helpful in reducing Eastern European country energy supply risk such as Bulgarian and Hungary’s shortage of energy. Moreover, it increases the ability to fight with the Russian energy monopoly among their energy companies. In conclusion, competition ensures competitive prices. It is able to balance the issues of competition, energy security and environment protection in the EU energy market. For most industries, energy is essential to the cost base and competitiveness. The European industries compete internationally. Increase in energy costs cannot be transferred to customers without risking reduction in market share. Once EU’s energy market can be established, energy’s cost and the price will be dropped largely. The energy exporting country and the country of consumption will obtain the high income. 2. What are the implications of liberalization for energy producers in the EU? How will the environment they face change after liberalization? What actions will they have to take? ANSW: Implications: Replace the markets of its 27 member states with a single continent wide market for electricity and gas. The majority market shares would be acquired and dominated by a large single enterprise eg: Electric de France. Changes in environment after liberalization: There are a lot of acquisitions and mergers in the energy markets. Politicians and governments try to protect their firms from other competitions with regulations. Bigger firms will try to acquire firms in local country. Actions: Government would impose conditions to stop foreign companies from acquiring local companies. The local authorities would try to protect the local company advantages. 3. Why is the de-integration of large energy companies seen as such an important part of any attempt to liberalize the EU energy market? ANSW: I think that de-integration of the bigger companies will encourage the smaller companies to be more active and permit the market to be fair and equal. It could also increase affordability and dependability of the service by permitting new introduction of new operators within the energy market. Q-4 why do you think progress towards the liberalization of the EU energy market has been fairly slow so far? ANSW. May be this could be relevant For several years now the European Union, the largest regional trading block in the world, has been trying to liberalize its energy market, replacing the markets of its 27 member states with a single continent wide market for electricity and gas. The first phase of liberalization went into effect in June 2007. When fully implemented, the ability of energy producers to sell  electricity and gas across national borders will be improved, increasing competition. The road toward the creation of a single EU energy market, however, has been anything but easy. Many national markets are dominated by a single enterprise, often a former state owned utility. Electricity de France, for example, has an 87 percent share of that countrys electricity market. Injecting competition into such concentrated markets will prove difficult. To complicate matters, most of these utilities are vertically integrated, producing, transmitting, and selling power. These vertically integrated producers have little interest in letting other utilities use their transmission grids to sell power to end users, or in buying power from other producers. For the full benefits of competition to take hold, the EU recognizes that utilities need to be split into generation, transmission, and marketing companies so that the business of selling energy can be separated from the businesses of producing it and transmitting it. Only then, so the thinking goes, will independent power marketing companies be able to buy energy from the cheapest source, whether it is within national borders or else where in the EU, and resell it to consumers, thereby promoting competition. For now, efforts to mandate the disintegration of utilities are some way off. Indeed, in February 2007 national energy ministers from the different EU states rejected a call from the European Commission, the top competition body in the EU, to break apart utilities.

The Boston Tea Party essays

The Boston Tea Party essays The era of the American Revolution was marked by a series of violent outbreaks in town and countryside. A sequence of urban violence runs from the Stamp Act riots in 1765 through the Sons of Liberty violence, the Boston Massacre, the burning of the Gaspee , and the Boston Tea Party to the incident that triggered the Revolutionary Warthe fighting at Lexington and Concord. Behind the violence in Boston was the city's remarkable patriot infrastructure of the 1760s and 1770s, headed by James Otis, Samuel Adams, and their colleagues. The infrastructure grew out of the convergence of a historical tradition with a contemporary situation. The historical tradition was the CookeCaucus heritage of popular politics in Boston, and the contemporary situation was the diversity and complexity of Boston's social, economic, and political life in the 1760s, which formed a fertile seedbed for the growth of the anti-British movement. In 1773 the East India Company was on the verge of financial collapse. Since the seventeenth century the company had traded in India as its private corporate enterprise. Many company officials had become rich through bribery and special privileges, but the company itself had suffered. One of its few remaining assets, seventeen million pounds of tea held in its London warehouses, remained unsold because of the American boycott, and also because heavy taxes made it too expensive in Britain itself. Why not, Lord North asked, drastically reduce the English tax? With only three pence per pound to be paid on arrival in America, the tea would become so cheap that it would undersell smuggled Dutch tea. The tea would sell widely and the East India Company would be saved from ruin and the government would at last raise some much-needed revenue from the troublesome mainland colonies. This plan received legislative form in the Tea Act of 1773. What North did not foresee was that Americans would perceive this scheme as an insulting b...

An Analysis of the Different Economic Bodies and Their Impact in Different Countries in the Book, Why Nations Fail, Written By Doran Acemoglu and James Robinson

An Analysis of the Different Economic Bodies and Their Impact in Different Countries in the Book, Why Nations Fail, Written By Doran Acemoglu and James Robinson Why Nations Fail Why some nations fail while others succeed have become a mysterious question to many. However, in their book named Why Nations Fail, authors Acemoglu and Robinson have finally revealed to their readers what truly causes nations to fail, which are extractive economic institutions that certain governments have. This paper will be exploring the current type of economic institutions in three different nations by using knowledge from the book Why Nations Fail, as well as historical facts to support the given statements. The countries’ economic institutions that will be explored are Venezuela, Mexico, and Haiti. These countries will also be put into comparison with the United States, a country that has inclusive economic institutions. Venezuela has been experiencing an economic decline for a long time. According to the article, â€Å"Venezuela is in its third year of recession and according to the International Monetary Fund, its economy is expected to contract 10% this year† (Gillespie, 2016). The main cause of this recession can be tracked down to the leader of the government in Venezuela, Chavez, who focuses government spending excessively on extractive economic institutions. In the book Why Nations Fail by Acemoglu and Robinson, it’s stated that it’s the economic institutions that are the foundation of economic development which is evident through the fact that economic institutions allow people to trade and build their own businesses comfortably. The topic of economic institutions being the heart of economic growth takes us to the topic of trade. Venezuela, as aforementioned, was a thriving country only a decade ago. This was mainly due to Venezuela being an oil-rich country. The point of trade is for the countries to specialize in whatever they’re doing best and export that while importing what they lack in. The problem with Venezuela was although they were successfully specializing in producing oil, they weren’t really producing anything else or importing any goods from other countries. Additionally, Venezuela wasn’t exporting any of the tremendous amount of oil it’s producing. Through the article, one can discover that Venezuela’s main oil company, which is run by the government, is the main reason why any of these exports or imports aren’t taking place. This again is evidence how extractive economic institutions can ruin a nation. Because of the economic recession and the lack of trade in Venezuela, inflation has become a tangible problem. Prices are soaring high, and Venezuela has a staggering increase in inflation in 2016 with a 475% (Gillespie, 2016). Not only are prices high, but producers aren’t able to produce because of the lack of trade. This ultimately results in food shortages and suffering citizens. While the citizens of United States can freely go into any Publix or Winn Dixie and shop at their leisure, the citizens of Venezuela wait in long lines outside of super markets only to find out that the last bottle of milk had already been bought 2 hours ago. The food shortages are causing the mortality rates of Venezuela to go up, with more and more children and elderly being malnourished. Mexico is the second country that is under the exploration of economic institutions. As explained in Why Nations Fail, the reason that Mexico currently has extractive economic institutions is because it’s a country founded up on extractive economic institutions. Historical facts and how a country began its government have a lot to do with its current economic institutions. For example, the reason Mexico is the way it is has to do with how Spanish conquistadors invaded that region and discovered large amounts of gold. Realizing the gold’s worth and seeing how it can be useful to them, they used the region’s natives, forcefully, to mine more gold and silver for them so they can be better off. There an extractive economic institution was created; the Spanish conquistadors were extracting the native’s wealth from them by using the native’ labor to make themselves better off. Even right now Mexico has many extractive institutions. For example, in the 2013 article, Why Nations Fail What Can be Done by David Sasaki, it speaks of how the infamous telecommunications monopolist of Mexico, Carlos Slim, have cost Mexico $129 billion (Sasaki, 2013). Although Mexico has one of the slowest and most costly internet speeds, they â€Å"lose $130 billion and Carlos Slim personally gains $80 billion† (Sasaki, 2013). Carlos Slim’s actions are the epitome of extractive economic institutions, and it because of people like Chavez and Slim and the Spanish conquistadors that are the ones who make sure that extractive economic institutions will continue on. As can be seen, the root of why nations fail lies within their economic institutions. Nations that are successful have mainly inclusive economic institutions. China, a country with extractive economic institutions had a horrible economy only until recently ago. The only reason their economy improved is because they decided to accept technology and trade with foreign countries, instead of pushing them away and secluding themselves. However, China still does have extractive economic institutions, and if other countries don’t wish to trade with them anymore, their economy will return to where it started. As can be seen with Venezuela, Haiti, and Mexico, extractive economic institutions take away from the general public to help the elite. These type of institutions aren’t only bad for the nation, but are immoral and unethical as it leaves people in a chaotic turmoil.

Motivational Strategies Essay Example | Topics and Well Written Essays - 1000 words

Motivational Strategies - Essay Example Employing various mixes of motivational strategies depends on the kind of employees to be supervised and the situation the managers find themselves in. Managers should have it as a priority to learn when to they should praise, trust and delegate and above all they should know and understand the benefits and disadvantages of the reward system and motivation theories. At Gift of life clinic back street is a private hospital owned by a renowned doctor who adds up as the overall manager, and their work philosophy includes improving productivity together with better management skills. This is a common organizational strategic for development world while among medics. To develop motivated employees, must management to; Paying a worker has both short term and long term goal of motivating the employees at any organization. The primary aim of a rewarding system is to bring positive reinforcement, and there should be various factors to be considered in designing a real worthwhile system. A real rewarding system comes with accountability and based on employee’s performance and includes having appraisal for individual employees. There is also the importance of the management not only to focus on the financial form of reward but also behavioral approach to rewarding individual employees. Workers incentives are also important as they offer motivation to employee since they give employees extra to endeavor for than just regular paycheck and it is in different categories which includes bonuses, cash paid time off and travel perks. Another motivational strategy that the clinic can employ is the need for management to develop a free and honest communication channel within the workplace. It is of importance that the doctor in charge who is also the manager communicates individual employee’s expectation freely so that each worker has a clear idea of what task lies ahead. When management does this it goes

Health Promotion Research Paper Example | Topics and Well Written Essays - 2000 words

Health Promotion - Research Paper Example What are the impacts of the changes on families across the nation? What can be done differently? What does the future hold? All these questions are very important given the fact that populations are aging, there is an increase in health care costs, medicines are increasingly becoming costly and the population lacking health coverage are on the rise too. There are several key factors that influence people’s approach to health care delivery. These include cultural values and beliefs, situational and economic factors. Economic realities have the greatest influence on the design of the health care delivery systems (Palley, 1995). The United States health expenditures with reference to the Health Care Financing Administration (1998) were as illustrated in the table below; In a review of the data, Weiss and Lonnquist (2000) came to a conclusion that the United States has the most expensive and demanding health care system as compared to other countries in the world. In comparison to other sectors of the economy, there has been a more rapid growth. Viewed from another angle, an examination of the expenditure on national health care in relation to GDP reveals a rapid increase in expenditure. For the past forty years, Americans have recorded a steady increase in cost in excess of the other sectors of the economy (Braden, Lazenby and Levit, 1998). From 1960 to 1990, the health care took a bigger share of the GDP up from five percent to fourteen percent. Some of the factors that have fueled this increase include; â€Å"ObamaCare† was signed into law on the 23rd day of March 2010 by President Barack Obama. In combination with the Health Care and Education Reconciliation Act amendment, they represent the most remarkable regulatory sanitation of the United States health care system in the history of the country since the Medicaid and Medicare passage in 1965. The Affordable Care Act was enacted to; increase the affordability and quality of health

Pistahan Sa Mdeo Essay Example for Free

Pistahan Sa Mdeo Essay It has been Montessori De Oro’s tradition to celebrate Buwan ng Wika annually. Last August, we once again celebrate it with the theme â€Å"Tatag ng Wikang Filipino, Lakas ng Pagka-Pilipino.† Students worked hand in hand with the faculty and staff in coming up with an exciting event. Hence, Poster Making and Essay Writing Contests were held. Students from different year levels were encouraged to showcase their artistic views and informative ideas. The best posters were chosen according to the relevance of the theme, neatness and creativity. While the best essays were chosen on how the ideas were arranged, concretized and expounded. Thus, the winners for the Poster Making Contest starting up with the Lower Division were; 1st place- Klient Aà ±over and Charles Enriquez both from Silver Team and Danica Antigua from the Gold Team. 2nd place- Ann Ross Fernandez from Green Team, Alexandra Femielle Santander from Silver Team and Angelica Olarte from Silver Team. And 3rd place- Nichole Solon from Silver Team. And for the Upper Division winners we have; 1st place – Paola Angelika Agpawa from Silver Team and Kim Zalsos from Green Team. 2nd place- Sherina Ann Afdal, Cara Antigua and Krishna Louise Valdehueza all from Gold Team and 3rd place- Alden Acdal Jr. from Green Team. And for the winners of the Essay Writing Contest in the Lower Division we have 1st place – Ann Ross Fernandez from Green Team. 2nd place- Nichole Solon from the Silver Team, and 3rd place- Alexandra Femielle Santander and Famela Clarice Paghasian both from Silver Team and Danica Antigua from Gold Team. And for the Upper Division, the winners were; 1st place- Paola Angelika Agpawa from the Silver Team, Nie Coleen Ebajay from the Gold Team and Hasmin Pascasio from the Green Team. 2nd place- Mari Chelsi Rey from the Gold Team and 3rd place- Krishna Louise Valdehueza and Minette Cheska Rey both from the Gold Team. The highlight of the festivities was the â€Å"Tagisan ng Talino†. It is composed of chosen students from 1st year to 4th year and were grouped according to their school spirit color- the Green, the Silver and the Gold. Thus, the Representatives for the Green Team were Loulanie Grace Bello from 4th Year, Hasmin Pascasio from 3rd Year, Ann Ross Fernandez from 2nd Year and Mary Margareth Gonzalez from the 1st Year. For the Silver Team, the representatives were Paola Angelika Agpawa from the 4th Year, Kayra Andrea Salcedo from the 3rd Year, Nichole Solon from the 2nd  Year and Famela Clarice Paghasian from the 1st Year. And lastly the representatives of the Gold Team were Mari Chelsi Rey from the 4th Year, Minette Cheska Rey from the 3rd Year, Danica Antigua from the 2nd Year and Tristan Tuazon from the 1st Year. All of the contestants did their best to answer the questions correctly despite the time pressure. Finally, the Silver Team garnered 21 pts and won 1st place, followed by the Green Team with 20pts that made them in the 2nd place and lastly the Gold Team in 3rd place with 18 pts. For the contestants, it was truly a remarkable experience for they were challenged on how far have they learned the Filipino subject. Right after the â€Å"Tagisan ng Talino†, all year levels presented a song and dance number. The 1st year Emerald gracefully performed Kuratsa (a Waray dance). Also, some students from the same section prepared a verse choir speech entitled â€Å"Ako’y Pilipino† which was written by Isabel Empimo Mendoza. A remix of popular Filipino dance songs such as Kapayapaan, Matinik and Bebot were presented by the 2nd year Diamond. The 3rd Year Pearl sang and danced their hearts out with the song â€Å"Wikang Filipino†. And lastly the 4th Year Amethyst danced in the tune of â€Å"Choose Philippines† in katutubo costumes. They also prepared a song number entitled â€Å"Ligaya† by the iconic band Eraserheads. But the celebration didn’t end there yet. On the following day, the Senior students prepared Mga Palarong-Pinoy. These were encouraged to instill the Filipino Culture within the students. Such games were patintero, dancing ball, takyan, luksong lubid and many more. Despite the blazing sun, everyone still managed to play the games with beaming smiles. Right after the Palarong-Pinoy was the much awaited- Kakaning Pinoy. Different varieties of Filipino delicacies were presented and shared among the students and teachers including the faculty and staff members. It also lifted everyone’s festive spirit since the act of sharing and giving were observed during the said event. Everyone was indeed thrilled for the fun-filled activities that happened during the celebration. For us Seniors, Montessori De Oro is a school were students are developed through showcasing their talents and skills in the field of performing, playing sports, writing, drawing and many more. We are not only taught to grasp the knowledge and information we get from our daily encounter with the surroundings but also exposed us to recreational activities that can hone our physical, mental, emotional, social and spiritual development. For we  believed, that in Montessori De Oro, every student will soar up high!

Americas Juvenile Justice System Essays -- Crime Criminal Delinquent

The Juvenile Justice system, since its conception over a century ago, has been one at conflict with itself. Originally conceived as a fatherly entity intervening into the lives of the troubled urban youths, it has since been transformed into a rigid and adversarial arena restrained by the demands of personal liberty and due process. The nature of a juvenile's experience within the juvenile justice system has come almost full circle from being treated as an adult, then as an unaccountable child, now almost as an adult once more. Studies and anecdotes have shown that our modern approach, however, is ill-equipped to reduce crime or deal with chronic delinquents while at the same time protecting their due liberties. We now stand on the precipice of decision: How can we strike an appropriate balance in the juvenile justice system? Should we even retain a separate system for children at all? The answers are usually difficult, sometimes subtle, but always possible to attain. This paper will analyze the different theoretical issues pertaining to the modern juvenile court, determine their origin, and suggest a course of action for resolving these issues to the best extent possible. It is important to note, however, that the juvenile justice system alone cannot ever prevent all juvenile crime, respond perfectly to every situation or treat every suspect fairly. Furthermore, an effective antidote to modern juvenile crime would necessitate far broader action, addressing underlying social structure inequalities that breed poverty and social disorganization. The Creation of Childhood and Its Court Prior to modern times, Colonial American children were perceived to be small adults, more or less able to interact with grown-ups and ... ... presence of a competent lawyer, that is an issue for the Supreme Court). Judicial waivers would become obsolete. The offenders left in the juvenile system (under age 16) would hardly present anymore than a handful of cases that might raise questions of fitness. If only 1% of older offenders under today?s system are waived, this problem will be mitigated. It may seem harsh to draw the line at 16 without compromise, but we, as Feld points out, do this with many other societal privileges and duties. The draft age is precisely 18, the driving age in most states is precisely 16 and so forth. Is a person more fit to be drunk a week before their 21st birthday than a week after? Drawing one line is the only way to avoid the problems associated with waiver laws that either provide too much discretion that lends itself to discrimination and to provide consistency.