Pizza Hut Case Study

Pizza Hut dominated the fast food market in the world both in sales and number of restaurants before 1986. In 1986, the company announced to start the home delivery market, which would especially target the children, two-career families, and parents with small children, etc. Segmentation of the children by age (a group of the same age who will respond to a marketing mix in a similar way) outcomes in the following market approach: Kids (age 3-11), Teens (age 12-17), Those two segmentations represent a huge proportion of Pizza Hut’s customer. Once they eat, they will love to eat the pizza very often, and become loyal to the Pizza Hut. Kids (age 3-11) Those kids eat whatever their parents give them. They are too much dependent on their parents so that their parents do not have time to cook at home. Also their parents want to spend more time on playing with them. Therefore, it is very convenient for their parents to order the pizza for them. See Appendix A Teens (age 12-17) Those teens become less dependent on their parents. They always choose what to eat themselves. They are most of the time at school. They always have heavy group work and school activities. They do not have too much money and time to eat in restaurants. Pizza will cost them less and fast. However, the Pizza Hut restaurant eat-in &carry –out business attracted 79% of the consumers in 1986. Those mixed consumers viewed pizza as a personal, sensual experience. The restaurant offered convenient family atmosphere and provide them high quality product at a reasonable price. Pizza was widely accepted across the U.S. regardless of its popularity in northern and eastern regions

ANNIH

The key idea of the annihilator method is to replace the problem of solving a non-homogeneous equation with the problem of solving a higher order homogeneous equation. The method is discussed in Section 2. 11 of Cottonwood's book. The more popular alternate approach is discussed in sections 5. 4-5. 5 of Trench's book. So we begin with a brief discussion of higher order linear homogeneous equations with constant coefficients. This is done in Section 2. 7 of Codington, as well as section 9. 2 of Trench, in more depth and greater detail.Such depth is not necessary for our purposes. So consider an equation of the form y (n) + an-I y+ahoy=O. Based on our experience with second order equations, we would naturally try solution of the form y = erg . If you go through the motions of differentiating and substituting into the equation you will get where urn + an-I urn-l + . +air+AAA, which is as before called the characteristic polynomial. The difficulty is that now if n > 2, the polynomial is of higher degree than before and such polynomials are hard to factor and find roots.We do not have available the quadratic formula. There are cubic formulas and quarter formulas that are known and used to appear in books, but they are rarely taught any more and no such formulas are available for polynomials of degree 5 or higher. So in practice it can be very hard to find the roots of the characteristic polynomial. Nevertheless, we can at least imagine factoring the polynomial and finding the roots. In general there would be a number of linear and irreducible quadratic factors. The quadratic factors might lead to complex roots.Any of these factors might be repeated and we would then get roots that appeared more than once. Suppose there were k distinct real roots RL , re , ; ark . For each such root, we would have a solution of the form yes = erg x . Then there might be several pairs of roots of the form a Ð’Â ± I;. These would give us pairs of real solutions of the form ex. coos (;x), ex. sin(;x). We saw in Chapter 3 that if a root occurred twice, we got an additional solution of the form Xerox . This still happens but more is true. Let me just make an authoritative statement, which I will make some explanatory comments about later.If a real root rig occurs times, then each of the functions XML erg x , for m = O, 1, ; ; , -? 1, is a solution. Similarly, if the pair a Ð’Â ± I; occurs times, then each 1 of the pairs of functions XML ex. coos(;x), XML ex. sin(;x), for m = O, 1, are solutions. Thus we can write down n solutions of the differential equation. For example, suppose in a problem we ended up with the factored characteristic polynomial p(r) = re (r – 2)3 (re + or + 3)2 . Then v' the root RL O occurs 4 times, the root re 2 occurs 3 times, and the pair of roots -?1 Ð’Â ± ii occurs 2 times.Thus we get as solutions 1, x, xx , xx , ex. , sex , xx ex. , e-x cost xx), e-x sin( xx), exe-x coos( xx), exe-x sin( xx), giving 11 solutions in all. ( Do you see how the first 4 of these solutions come from the root RL = O? ) Note that p(r) has degree 11 so the initial differential equation would have been of order 1 1 . Since the equation was assumed linear, the linearity properties would guarantee we could multiply each of these 1 1 solutions by an arbitrary constant and add to get many solutions of the original problem.We will see below that in all cases that occur, the polynomials will actually be easy to factor and we will not have any reason to be disheartened. With this preparation, we pass to a discussion of the annihilator method for constant coefficient linear differential equations. In order for the method to work, the equation to be solved must be of the form L(y) = f (x), where 1. L is linear with constant coefficients. . The non-homogeneous term f (x) is a solution Of a homogeneous differential equation M (y) = O, where M is linear with constant coefficients.So the basic idea is to do something to both sides of the g iven inhomogeneous differential equation so that the result is a homogeneous differential equation and we can do ha ewe already know how to do. Here is a motivational example: If we differentiate this equation twice, we get Clearly any solution of (1 ) is a solution of (2) (differentiating both sides of any true equation gives a true equation), but not conversely (two functions which fifer by a constant still have the same derivative). Thus the general solution of (2) will contain all solutions of (1), together with many extraneous solutions.

Introduction to Global Business Assignment Example | Topics and Well Written Essays - 500 words

Introduction to Global Business - Assignment Example It is necessary to find out particular industries, which may help in the building of another industry, which will give national advantage. As suggested by President Khama, the country should promote commercial farming and safari tourism in the country. However, commercial farming would probably require a large labor force, which is not ample in Botswana. The question is whether these industries will lead to an increase in the economic development. Since Porter’s theory explicitly states that the comparative advantage needs to be created, if the government encourages tourism, by building proper safari parks, and marketing the tourism industry of Botswana in the international arena, then the conditions of Porter’s diamond theories will be fulfilled. Tourism also does not require much investment, and hence it can work efficiently. If the competition in the commercial farming is increased, then the supply conditions will also be met. The African Safari in Botswana can be an attraction, because it gives individuals to roam around unguided, if they have a car, and they can spot different types of animals, which includes zebras, monkeys, wild boars and many other birds, which will give Botswana an edge in the global market. Hence, using factor conditions, and creating favorable conditions, the government can create comparative advantage for this industry. Fisher and Clark’s structural change theory also suggests that in the case of Botswana, diamonds are not ‘forever’, and therefore there should be a change in the structure, moving from primary to the service industry, in the form of tourism. This would definitely lead to further specialization and economic development (biz-ed, n.p). 3. The government can impose trade barriers, which includes imposing quotas. It can also put custom duties and tariffs on certain products to increase the price of the imported goods to deter people from buying them. Sometimes, the government can

Olympia Machine Company Case Study Example | Topics and Well Written Essays - 500 words

Olympia Machine Company - Case Study Example However, there are weaknesses in the current compensation plan. Regardless of the large volume of sales, there are high fixed selling expenses and also common measures that determine salary increases of the salespeople have not been established by the management. Some of the key issues that any new compensation plan must address include how to poise a balance between capital equipment and sales. A salesperson must be able to not just take any order that comes along but sell. Secondly, a weighted plan that allows a salesperson to assess what pays off and what does not should be addressed, in order for him or her to be more resourceful. Finally, there has to be a common standard where salary increases for all like employees should be known. This is of importance since the management is able to weigh how prolific a salesperson is. In the point system, together with a salary, a salesperson is given bonus points in relation to his or her performance in the sales activities. However, with this system, detailed reports about the performances of the salespeople are required thus increasing the organization’s overhead cost. In this plan, a salary, expenses and a commission on sales were taken into consideration. This way, the salespeople had security because they were assured of a salary and were still motivated due to the commission rates incurred on several products. However, this would mean that the commission plan with specifications would result to a cut in current salary base for most salespeople. The bonus plan involved giving the salespeople an opening to earn bonuses from their sales, without putting a boundary past a target. They also received the same salary as before. However, upholding a liable sales-expense-to-sales ratio would go against the Company’s philosophy of upholding such. I would therefore recommend the

Financial Modeling Essay Example | Topics and Well Written Essays - 750 words

Financial Modeling - Essay Example It has been argued that this economic turmoil has rendered portfolio management theories irrelevant. This paper explores this assertion. Recent Upheavals in World Financial Markets The global financial crisis of the 21st century has been described as the greatest economic and financial crisis the world has seen since the Great Depression of the 1930s (Ciro 2012). This economic turmoil, unlike the 1930s depression, caught many by surprise. Governments, investors, and the knowledgeable and sophisticated market participants were caught unawares by the speed and intensity of the economic decline. The international credit and financial markets were disrupted and dislocated by this financial crisis especially in 2008 and 2009. Governments in response to this economic crisis came up with policy and fallout responses from 2009 and 2011. These responses to some extent have rendered portfolio management theories irrelevant. Why Portfolio Management Theories Have Become Irrelevant Portfolio man agement theories are two; portfolio theory and capital market theory. ... Brentani (2004) on the other hand defines capital market theory as dealing with the effects of investor decisions on security prices. This theory shows the relationship that should exist between risk and security returns if investors constructed portfolios as specified by portfolio theory. Markowitz (1952) asserts that the process of selecting portfolios is divided into two stages; observation and experience, and beliefs about the future performance of available securities. The impact of the financial crisis disrupted the forecasts on future performance of available securities as asserted by the portfolio theory. According to Ciro (2012), the financial crisis forced most of the banks and lenders to shut their doors as investments in the stocks markets declined drastically. This aspect made the application of forecast facet of portfolio theory difficult. King (1966) basing his argument on the 1930’s financial meltdown and the random-walk theory, claims that this upheaval has se en stock prices move together. Portfolio theory assumes that investors will choose investments that have the lowest amount of risks whenever they are presented with the same level of expected returns. Fama and French (2002) argue that investors will seek to maximize their utility basing the decision to invest on investment’s risk and return. Apparently, the financial slowdown increased the risk levels and as such it was expected that investment rates may fall. This did not happen as expected. According to Amenc and Martellini (2011), this market turbulence has also impacted the wealth levels around the globe negatively and led to doubts about the value added by professional managers by the institutional investors. According to Statman (1987),

Growth strategies Essay Example | Topics and Well Written Essays - 250 words

Growth strategies - Essay Example The product development strategy involves developing existing products or introducing new lines of products in order to increase the firm’s revenues. The market development strategy involves creating new markets for the company such as penetrating new geographical regions (Gaebler, 2010). Multinational corporations often utilize market development strategies. A diversification strategy makes sense when good opportunities can be found outside the present business (Kotler, 2003). Tenet Healthcare Corporation is a healthcare delivery system founded in 2003. It is one of the nation’s largest healthcare providers with 49 acute care hospitals in 11 states, 64 outpatient centers, 3.88 million outpatient visits (Tenethealth, 2009). The firm generated in 2009 over $9 billion in revenues. The company current has a presence in 22% of the United States region. The company recently made a strategic move to achieve growth. The growth strategy the company utilized was the market devel opment strategy. The company reached an agreement with Keystone Mercy Health Plan which covers Hahmemann University and St. Christopher Hospital for Children in Philadelphia (Tenethealth, 2011). I believe that the approach utilized by the company to achieve growth was the right decision. The firm was able to successfully penetrate the Philadelphia marketplace without investing resources.

Discussion 1 Week 10 Comparing Transshipment Models to Inventory Assignment

Discussion 1 Week 10 Comparing Transshipment Models to Inventory Applications - Assignment Example imply means that there is an objective of minimizing costs by ensuring that the most effective level of inventory is deemed to be maintained to maximize revenues and returns. The transportation model, defined as a special type of linear programming method which aims to allocate items or products from a source (or sources) to identified destinations (Taylor, 2010). The objective is to minimize costs of transporting these products. From the explanation of Taylor (2010), the transportation model could be considered an example of decision making under certainty. Decision-making satisfy the certainty condition when the evaluators or decision makers have the essential information to make a responsible decision. As emphasized, â€Å"people are reasonably sure about what will happen when they make a decision. The information is available and is considered to be reliable, and the cause and effect relationships are known† (Decision making under certainty, uncertainty and risk, 2007, par. 2). Transportation models contain all the required information to enable decision makers to identify the actual cost of transporting goods from the source/s to the specific destinations. As such, the formulation of the transportation problem includes identification of the objective function, which is usually to minimize transportation cost. Likewise, all decision variables and constraints are also appropriately identified and explicitly certain, in the formulation process to enable the decision makers to recommend the most viable solution. Benge, V. (2014). Can We Apply the Transshipment Models to Inventory Applications? Retrieved from Chron Small Business:

Mutation of the Television Police Drama through the Decades Essay

Mutation of the Television Police Drama through the Decades - Essay Example Based upon current adjustments that set would cost almost three thousand dollars today! It is interesting to note that same advert also listed prices for the above mentioned replacement tubes. If it wasn’t already, the Kennedy assassination in 1963 showed the worthwhile effectiveness of TV. By then radio and television had done a flip-flop with one another, with radio becoming mainly a musical formal, while drama and other programming had become almost nonexistent. Television sets in America numbered in the millions and it is said that television caused LBJ not to seek reelection in ’68, stating in response to a CBS editorial on ending the Viet Nam war â€Å"If I've lost Cronkite, I've lost middle America†. Color programming was prevalent by the late sixties. (Stephens) Yet neither of those eras would recognize the modern television, or even believe the new technology. The modern flat screen television is solid state and basically TV repair shops have gone away. Cable and satellite services with crisp pictures are the norm and even broadcast channels require a converter box on older sets. Even the set itself is said to be in danger, as those watching television shows via their computers have grown considerably in the first decade of this century. Even the programming itself has vastly changed. From Howdy Doody and Jack Benny in the forties, these days there is almost every kind of channel imaginable, for whatever subject one is interested in. Sports? Try ESPN, Outdoor Channel, and even specialty networks like the Golf Channel. Children are well represented also, as Disney, Nick, and Cartoon Network are all very popular. The Jack Benny style variety show is still around but quite different, with shows such as Saturday Night Live. History of the Cop Show. However, nowhere are things any more different than the police drama. The genre was pioneered on TV by Jack Webb, bringing his Dragnet from radio in 1951, and the show lasted for over twenty years. The show was indeed groundbreaking for its time with the show’s stars rotating between the various divisions. Dragnet was realistic because it was filmed in cooperation with the Los Angeles Police Department and the Department provided advisors. Genres have come and gone but the police drama has been a constant. There has not been a season since 1951 that did not have at least one cop show. Indeed the genre is still popular, for the fall 2011 has eleven police dramas and one comedy featuring a police officer (Mike and Molly). This includes a hybrid mixture of the wildly popular reality series and gritty police drama, the long running Fox series Cops. In that show, a camera crew rides along with an actual police patrol and experiences the same comedy and moments of high tension that a policeman endures during his average patrol. Of course several of the most popular police dramas use a mixture of science and police work. Evidentiary procedure has come into the forefron t of the American mindset, especially since the highly televised OJ Simpson murder trial. Therefore the crime scene investigator researching DNA and other scientific evidence to bring the killer to justice works along side the policemen on these shows. Some of the things that they show on the CSI type programs do seem a bit farfetched and police departments are quick to point out that crimes aren’

Job analysis and competency models Essay Example | Topics and Well Written Essays - 500 words

Job analysis and competency models - Essay Example Job analysis describes work, whereas competency modeling influences behavior. The major purpose of job analysis is to bring a better comprehension of the work assignments and to measure them as well, that is, it determines the trait relevance. On the other hand, competency modeling intends to influence the way in which this work assignments are executed so that they are in line with strategy of the organization in that it heightens situational strength (Wilson, 2012). In this regard, the two approaches are complementary. Job analysis describes a job as an abstract entity whereas competency modeling influences workers into enacting their role. It presents a job as a social construction that is separate from the employee that holds it with performance considered as a by-product of an individual’s interpretation of the job. This is evident in the job titles, which date back to the advent of division of labor following industrial revolution. Competency modeling, then again, views a job as function that is first to be interpreted by an employee before enacting it (Weiner, 2013). The latter method seems to be more practical then the former. Job analysis is about the past, whereas competency modeling is futuristic. The descriptive nature of job analysis means that it is past-oriented and depends on those workers, who have already done the work in the past, as the main source of information, that is, it depicts the job the exact execution in the present. On the contrary, competency modeling focuses on how the job ought to be interpreted and enacted as from the present into the future, regardless of what has been done in the past ( Weiner, 2013). In this context, the methods lie on two varying extremes. Job analysis is job focused rather than focusing on the organization, just as competency modeling does. Practically, job analysis focuses on the job even from the name itself. It fails to recognize the possibility of

Congenital Erythropoietic Porphyria Research Paper

Congenital Erythropoietic Porphyria - Research Paper Example CEP, or congenital erythropoietic porphyria is an autosomal recessive trait, which causes the patient to have an enlarged spleen and liver, reddish urine, bones and teeth as well as lesions on the skin that react to UV light due to the excess porphyrin deposits (Bishop et al., 2010, p. 1062). However, another disease, AIP or acute intermittent porphyria could pose as CEP due to some similarities in patient symptoms. Initially, patients that were affected were suspected to have CEP since there were the usual symptoms such as the reddish discoloration of teeth as well as the urine, and pink fluorescence of bones under UV light due to deposition of porphyrin and other precursors (Clavero et al., 2009, p. 585). However, if molecular and tissue analyses would be employed, CEP and AIP can be differentiated from each other, with CEP being an autosomal recessive disease and AIP a dominant one. This paper would be about some studies on congenital erythropoietic porphyria (CEP), as well as som e descriptions of the disease at the genetic level. The first main topic is about the molecular aspect of CEP as a disease. The most common form of mutation of the UROS gene located at locus 10q25.3-26.3 is the C37R mutation, which is fairly common. Other mutations such as non-sense mutations, splicing in certain cites, deletions and insertions as well as other complex rearrangement of sequences at chromosomal locus 10q25.3-26.3 occur and create the CEP phenotype (Bishop et al., 2010, p.1068). In a study on the expression of CEP model expressions in mice, Bishop et al. (2011, p. 751) were able to quantify the approximated enzymatic activities of the UROS enzyme in livers of normal mice and CEP-affected mice. It is hypothesized that since mice are animals with shorter lifespan and thus have several generations in a short period of time, the causative mechanisms of the defective UROS gene would be easier to identify. Also, since the disease would be following the Mendelian Pattern, be arers of the homozygous recessive genotype would show disease symptoms while heterozygous and homozygous dominant would be fairly normal. Meanwhile, in a study about CEP in cats, a publication regarding the discovery of a feline model for CEP was released (Clavero et al., 2010, p. 382). Compared to a previous study, which had cats with AIP instead of CEP, the new proband for this study had PBG and ALA levels which are in normal detectable amounts, with elevated URO I and COPRO levels as well as abnormal UROS activity, much like in human and mice CEP counterparts. Via amplification of the suspected mutated sequences, aside from a shorter polypeptide (one cystein shorter), feline UROS sequence was fairly similar to the previously reported human and mouse. The double-mutant had reduced enzymatic activity, caused by two amino acid substitutions, making the protein product unable to fold in a stable manner, thereby causing reduced activity of the mutated enzyme, as compared to either sin gle mutant or normal enzymes (Clavero et al., 2010, p. 387). Three genotypes were produced after mating several strains and generations of mice: homozygous recessive mice having the CEP gene had a genotype of C37R/C37R, a heterozygote C37R/V99L expresses a milder form of the disease, and a homozygous dominant genotype V99L/V99L exhibits the normal phenotype. Blood sampling for analyses of presence of porphyrin and other precursors were done, as well as histology of the liver and the spleen

Negotiation with chinese Essay Example for Free

Negotiation with chinese Essay We wish to express sincere appreciation to Professor Shia Yun Chiang for his assistance in the preparation of this manuscript. In addition, special thanks to Yama (Yuehai shoe material Ltd) who’s familiarity with the needs and ideas of these team and was helpful during the early programming phase of this research. INTRODUCTION Continental Design is a company where excellence and customer satisfactory are priority. After ten years of being in business, continental now seeks to enter the Chinese market. On Thursday, June 13th 2013, some members were selected to visit the potential customers of our new shoe-soles designs to introduce and negotiate our terms. These members include Mr. Emmanuel Mlay (Financial Officer), Mr. Robin Sharma(Managing Director), Mr. Cliff Osoo (Contracting Officer), Ms. Bella Chan (General Overseer), Ms. Sandra O. K (Sales Manager). Upon arrival, we were taken in and around the factory to experience their works and then to the meeting room. In this report, we explain further our observation and findings in negotiating with the typical Chinese. This report emphasizes mainly on the observations which includes specifications, mode of conduct, styles and techniques also elaborating on how they work together as individualist or collectivism. Again the language used, what they felt at ease to say, their communication skills, relationships with clients, were also under study. However their reasoning and way of thinking was somehow fascinating and very interesting which this report enlightens ideally and strategically. A brief but very informative research was done to know our potential customers before reaching out to them. The one talked about in this report is â€Å"Yuehai shoes material†, a very renowned shoesole company in China. In the end, all business operations can be reduced to three words: people, product and profits. Unless youve got a good team, you cant do much with the other two. 1 1 By: Lee Iacocca 1 Chapter 1 THE CONTINENTAL DESIGN Continental design provides differentiated products that accelerate innovations in the global design market. With ten years of experience and commitment, Continental design has grown to be one of the strongest competitors in the field of designing. This company has also spent those ten years in developing its communication and negotiation skills. Its management capabilities have enabled it to technically handle the challenges and efficiently provide products that are best in the market. As Victor Papanek once said â€Å"Design is the conscious effort to impose a meaningful order. † Continental design was founded by a team of five engineers with one primary goal of working hard helping all small and big shoes companies to succeed through professionally enhanced designs. Today, Continental design is a full-service independent company with about 10 percent of the world market share. Our services cover the whole of Africa, South and North America, Middle East and few countries in Asia. Recently we have initiated our first staple toward China market. 2 BUYERS COMPANY PROFILE Yuehai Shoes Materials Yuehai shoe material has more than 20 years of manufacturing experience and large number of qualified senior employees who are devoted to settling problems and confronting challenges. It has adopted advanced equipment from Taiwan and main land China. The production technology is matured and reliable; at the same time it uses the original material that makes its products to be famous by their high qualities. Its domestic market ranges from Guangzhou and Dongguan where there is a stiff competition that helps them to develop new and up-to date designs that meet the market demands. It then covered the whole of China before capturing Europe and America as the first target in external market. Most recently, it has expanded its external market to Middle East and Africa as a whole, where it has entered into more than 10 different countries. Shoes are human daily life necessities. Shoes industries will never perish as long as human being still exists. With the use of imagination this company is committed to continue to develop shoe industries as part of making the life of entire society in the world better off. Address: No. 39 beicun road, huangqi, nanhai district, foshan city, Guangdong province, China. Tel: 8675785938525 Fax: 867578592981 Email: [emailprotected] net Yuehaixe. com. cn 3 Chapter 2 NEGOTIATION PREPARATION In negotiation there are few things that have to be put in place before the negotiating team or person set off for the negotiation. The factors that are mostly considered before negotiation are: ? Length of contract This is the period that the contract will take before it’s renewed again. The seller always concentrate in this factor because it affect the profit the company will make and for how long. Mostly its 1 to 3 years. This factor is important because it also influence the price to be offered to the buyer. ? Volume to be ordered After a seller has agreed on the length of contract then the next thing to talk about is the Volume that will be bought. When few goods are bought, there is a high possibility that the price will be higher unlike when a large quantity is bought; therefore these first two factors influence the price of the item. ? Price The third factor to talk about after length of contract and volume is price at which the good will be sold. In every company, there is a price offered depending on the quantity to be bought, quality and other things needed for production. The larger the quantity, the lower the price will be and vice versa. 4 ? Payment Terms and Services. The most important thing for a company going for a negotiation is; length of contract, volume and price and other things like payment terms and services comes up later. The last two remaining factors are considered to make sure that the items agreed before is taken into account in a proper manner. Payment terms are important because even if you have a long contract with large volume but payment is not done in time, you will have to lose something. Services are offered to the buyer to make sure he/she is satisfied with the goods bought. 5 SELLER’S WISH LIST. Here we made our wish list before we went to the meeting. We had decided our lowest price and the contract length. Below you can see the result of our company board meeting before going to negotiate with Chinese company ITEM2 Length of contract Volume Price Payment terms Services WEIGHT 40% 25% 20% 10% 5% RANGE 2-1 Years 500-100units/month $200-$150 10-15days 5/5-8/5 In the following table you can see that we agreed to have at least 1 year contract with Chinese company. As they are old and experience company, we believe that it won’t be any problem even if we have 2 years long contract. In terms of volume we were ready to deliver any amount till up to 500 per months. Price was the main concern of our meeting. We know that they will try to spend more time on the price negotiating and knowing we have many competitors in the market, we needed to come up with a very good price range. We also had an agreement on payment terms which should meet within the short period. Lastly, we agreed to offer them a good customer service. 2 Professor Shia Yun Chiang Power point presentation-Estimating wish list ,Power point presentation slide no. 9 10 6 THE AGREEMENT ZONE In every negotiation, there are two possible outcomes. The parties can either reach an agreement or not. The first situation is where the seller and the buyer don’t reach an agreement at all, either, due to the buyer or seller not agreeing with the offer given. The second situation is where the two parties (Buyer and Seller) reach an agreement and signs a contract for the business to take place immediately. For the two parties to reach an agreement, they will have to consider their Consequence of No Agreement (CNA). CNA will either make the two parties to agree or disagree. BUYER’S WISH LIST ITEM3 Price Services Payment terms Length of contract Volume WEIGHT 45% 25% 20% 5% 5% RANGE $100-$150 8/5-5/5 Cash transfer 3-1Years 50-100units/month After a lengthy discussion with the buyer, following were the outcomes of negotiation; OUTCOME ITEM Price Length of Contract Volume Payment Terms Services DETAILS $150/Design 1 Year 100 Units/month Cash Transfer in 2 days 10 Days training Professor Shia Yun Chiang Power point presentation-Estimating wish list ,Power point presentation slide no. 9 10 7 Chapter 3 OBSERVATION VALUES AND THINKING IN NEGOTIATION. When going for a negotiation one has to learn the buyer’s values in thinking. These values differ from one country or one region to the other and it can cause a misunderstanding between the two parties. According to the research we did about Chinese negotiation, we found out that Chinese are more relationship oriented than Africans and even other nations. As soon as we entered into the Chinese office for the negotiation, they offered us Water. This proves that they are more relationship oriented; they use this to build a rapport between their clients even before negotiation. Another thing that the company we were negotiating with did is that, they invited us for supper. In these acts we can see how Chinese people are mostly towards relationship with their clients unlike other European countries or America and even Africa. Before us reaching a conclusion, the Chinese people asked a lot of personal questions even in the middle of our negotiation. Some of the questions they asked were; When will you go back to your country? Do you like china? Is your country very hot than china? These personal questions that are not related to business are a clear picture of Chinese values and thinking in a negotiation. â€Å"As a general rule, it’s always safer to adopt a formal posture and move to an informal stance, if the situation warrants it, than to assume an informal style too quickly†4 4 As Jeswald W. Salacuse- (Ivey Business journal) 8 . During our research, we were also able to notice some of the things that are not common in African countries and even other continents. The first thing that they did is to welcome us in a very encouraging manner that made us feel at home, and with such hospitality, we were able to do the negotiation having been convinced that Chinese are good business people. This kind of hospitality that Chinese people give to their clients make them win in the businesses they negotiate in because the other party will feel so cared for that they can trust the offers given. Another thing we noticed in the research is the way they asked us whether someone has introduced us to the company or we looked it up in the internet. At the beginning I didn’t see the reason why they should be concerned with how we got to know about the company, but after we finished the meeting I had to ask and what they told us is, in Chinese (Intermediary/ middleman). This is one of the things that make us to realize how important Chinese value relationship in the business arena. The other behavior that we observed in the process of visiting and doing the negotiation is that, immediately we arrived at the factory, we were received and taken around the factory to see how they do their production and even explaining every step of production line. This really made us feel honored and we started to see them as transparent and responsible people, something that needed in business so much. â€Å"Chinese negotiating style is people oriented and permeated with such Confucians notion as guanxi, renqing, face, family age, harmony, hierarchy, li (etiquette)†5. 5 As said by Tong Fang –Chinese Business Negotiating Styles 9 CIRCULAR REASONING TALKING In our haste to market our designs for shoe soles. We came across various ways in which Chinese carry out their business negotiation. While most of the companies we approached exhibited the sequential kind of talking, the Chinese demonstrated the circular type. Interestingly, as we tried to obtain information and answer their questions regarding our products, we realized that Chinese, when not interested in your product would rather beat about the bush than going straight to the point. This is mostly demonstrated in the time of negotiating prices. This makes it hard to determine their stance in terms of buying the product. It is almost impossible at that moment to determine the level of consequence of no agreement on the buyer’s side. As much as you try explaining and convincing Chinese buyers who are less interested in a product, you will end up just like before. It is hard for them to say â€Å"no† point blank. This I believe is because of the long courting and relationship they build up with their business partners before negotiating. For instance, in one of our interviews, the interviewee mentioned after our refusal to take lunch with him that it is the culture of Chinese people to dine with their potential business partners irrespective of their interests. He explained that not only does this emphasize politeness; it also creates room for next or future cooperation. That is why in almost every meeting with a Chinese business man, you are served tea or water even before the talking starts. As pleasing as this might sound, it is also the reason behind the average Chinese would want to beat about the bush when not interested in the product for sale. Relationship and friendship are commonly used to obtain a better price and more concessions. 10 Herbig and Martin (1998), Stark, Fam, Waller and Tian (2005), and Zhu et al. (2007) all found that the Chinese do not rush into the negotiation, but rather, spend a lot of time in getting to know their counterparts as much as possible, even including personal information in order to build guanxi and trust from the beginning. Another finding is that they would want to end the meeting peacefully and friendly just as it had started without having to ruin the relationship or hurt anyone’s feelings, yet they have to decide whether or not to purchase the product. According to Faure (1999), the Chinese focus more on relationship building during this stage, as they need to know their counterparts for any business deal to occur. This negotiation practice might cause conflict with Westerners, as Westerners prefer to start negotiations straight away after basic greetings and introductions. Rule how to be successful in dealing with Chinese: â€Å"Be fair, reasonable and diplomatic: â€Å"If your Chinese counterpart believes that you are being unreasonable, they may not openly say so, but your negotiations are likely to stall and go nowhere. If you disagree with your counterpart, don’t simply reject their position out of hand, but carefully explain your reasoning†. 6 6 â€Å"Forbes† by Jack Perkowski (Negotiating in China; 10 rules for Success 11 QUESTIONING INTERRUPTING We’ve had several encounters with many customers throughout the years, but what makes the Chinese customers outstanding is their mode of questioning. Unlike our African customers, they tend to interrupt and chip in their questions whiles you are talking. In some cultures, this might seem rude and impolite but this is not so for Chinese. They are very cooperative, assertive and defensive. This encourages and makes the one talking feel he’s being listened to. This normally generates positive feedback. During one of the interviews conducted, it came to our realization that, the typical or traditional Chinese interrupts more than the Chinese who has been open to Western culture. Customers who deal with Westerners or Africans have adjusted to some of their negotiation skill. This we believe will go a long way to influence most Chinese business partners. Their character or attitude of seeking and asking questions is different from other people in the sense that Chinese exhibits a character of â€Å"Xenophobia which is a distrust of all things foreign to one’s own culture. Xenophile is a lust to obtain all things new and or foreign. The Chinese have become inclined to distrust anything and everyone from foreign lands due to their history of violent revolutions and government seizures and changes. On the other hand, they have also seen the new technologies and high standard of living in the West, and many Chinese struggle with these mixed feelings as they pursue business opportunities with foreigners and seek to acquire western technologies â€Å"(Pye, 1992) 12 COLLECTIVISM Under collectivism, the means of production are owned and controlled by the state or the people as a whole. Also, it describes any outlook or philosophy that stresses the interactivity between people. It is often consider as opposite of individualism. There are two basic types of collectivism: horizontal and vertical. In the horizontal type, members are considered to be as equal as possible, and share resources and responsibilities. The vertical include a social hierarchy that society member work to maintain, and people submit to those above them in the hierarchy. Collectivism in China When Mao Ze Dong came into power; he strengthens the collectivism by eliminating landowners and individualists, sending nearly everyone to work in collectivist communities. Therefore, China has been more collectivist than individualist in both ancient and modern history. Many research states that, there are many leaders in China today who believe that the days of collectivism in China will soon be gone. There are several reasons for this. First is that the â€Å"one-child-policy,† especially in the cities, it gives us many younger citizens who have been raised to believe that they hold a special place in the world. This kind of upbringing leads to individualism over collectivism. In business point, there are still many examples of collectivist thinking. For example, When we(foreigner) and Chinese, began to work together, mainly the Chinese look towards the team as 13 the reason for the company success, but on the other hand, the foreigner(us) were trying to identify individual high performers. That’s one of the different between Chinese and foreign culture. Collectivism between our culture (as a foreigner) and Chinese Collectivism is a cultural pattern found especially in East Asia, Latin America, and Africa. But nowadays societies are not purely individualist or collectivist, but some of them are the mixture of the two. Western and Northern Europe, USA, Canada, Australia, and New Zealand are individualist. Conclusion Although there are few countries fully apply in collectivism, like North Korea, most of the countries are applying the mixture of collectivism and individualism. Those countries practicing collectivism mainly have a low GDP level, because it affects trade with the other countries. 14 THE RELATIONSHIP BETWEEN SPECIFICATION OF TIME AND PRICE. The important aspects when we negotiate with Chinese: Patience is the most important qualification for successful negotiations with the Chinese. Negotiations in China often take time because of different departments within one organization tend to be involved in negotiation processes and decision-making within the Chinese bureaucracy often takes time. By Confucianism, Chinese will not rush into any serious meetings with someone whom they do not know; trust and a certain feeling of closeness. Here is the example of Chinese negotate style we found. It prove that, to negotiate a favourite price with Chinese, obviously we need time. 1. Don’t expose too much of your interest in a product you want to buy even though you’re really drawn to it. It is better to act like that it does not matter to you and you don’t have to have it. Sometimes the sales person would tell you if he or she can judge from your facial expression that you really want that item. 2. In the first time you will never get the exact item for the price. Usually the sales person would try to seduce you by offering an unfavorable price. For example, for a necklace placed at $100, if you ask the sales person for discount, perhaps for the first time she would give you a discount like $90. Don’t take it. Just think that it is too high and walk away. Sometimes the sales person would shout at your back and offer much more favorable discounts. 15 3. The second negotiation is to reach a middle point. Try to get 45-60% discount of the original price. If it is impossible, try to get somewhere around 70-85%. Try to negotiate in a friendly way. If the agreement cannot be reached, walk away again. 4. The final negotiation will be the last attempt. Be firm and try to get 40% off. Some might finally give you 40% off, while some can’t due to different price strategies involved and store renting fees, staff cost, etc. To compare with our culture(as a foreigner), in our country, all the goods had set their fixed selling price, and most of the company usually have their own rule for market selling, therefore the vacuum for price negotiate will be less. 16 LANGUAGE BARRIER Our group members come from Nepal, Ghana, Tanzania, and Hong Kong. We speak different languages. English is our second language. We often face with language barrier within and outside the group. . Language barrier often is a big problem. If this was an outsourcing job or transcription work, language would probably have a major role, as both require clear understanding of the accents, practice of speaking in a fluent way. Cause of language barrier: 1. Emails written communication we should be able to clearly understand written instructions and reply with clear and also follow rules in a polite way. Sometimes we often wrote a business mail in a friendly tone, instead we should write in a formal way. 2. Phone Calls While working with an outsourcing partner, providing a phone number for emergencies may seem to be a good idea. However if this phone number happens to be attended by a non-English speaking person, it will serve nothing but a source of irritation. So we can think of giving the mobile number of a representative who can speak with clear and patience even if the resolution is not attained on the call in itself. 17 Useful method between different language. Pictogram and simple image are useful method as icon or sign for almost every place. It means they are efficient to give information to people without any words. They have high possibility to support the communication between two people without spoken language. Conclusion We need to use English to communicate with each other, when we were going to Nanhai to take the video, sometimes we need to use Chinese to communicate with the local Chinese people. When people from different countries speak in different languages, we often face difficulties an understanding each other. We cannot express our meaning in a proper way. During our research, when we took the train, there was problem in translating Chinese characters. So it is quite hard for us to find the way to the shoe factory. In addition, the English level of a local Chinese are mainly still in low level, some of them even cannot understand what we are asking. I think it is what we are called language barriers. 18 Chapter 4 TIPS TO NEGOTIATE WITH CHINESE The intensive research negotiation we conducted at Yuehai Shoes Materials factory widened up our knowledge about Chinese negotiation. We believe through this report you have acquired some usefully tips on how to strategically negotiate with Chinese. Upon what you have learned here are our recommendations for you to conquer any negotiation: ? Be prepared†¦Ã¢â‚¬ ¦ Make sure you are well prepared. ? Understand the cultural differences†¦. Get to know the other culture. ? Don’t be afraid of negotiation†¦ if you can talk you can negotiate. ? Show some emotions (share some burden)†¦remember, people value them. ? Be on time.. time is money. ? Be careful†¦ use appropriate language. ? Be in control†¦ don’t allow other things to distract your focus. ? Give some room for the other party (compromise whenever necessary). ? Show some vivid example†¦ a picture is worth a thousand words. 19 CONCLUSION â€Å"Deal is always better that no deal. †7 As hard as negotiation may seem to be, its outcomes are almost always worth the endurance. In different cultures where there are different goals, different point of views, different interests, different values and beliefs, different needs and different decision making styles; it takes a considerably huge amount of effort for sellers and buyers to reach the agreement zone. Both parties must be willing to give up part of their wish or lower their requirements which do not happen easily. With better understanding of both cultures of the parties involved, the negotiation will yield more significance solutions. One should keep in mind that negotiation is the cornerstone of any successfully business in the world. Despite the difficulties involved in the strategic negotiation, lets us follow the words of one of our great fathers who once said, â€Å"Let’s never negotiate out of fear, but lets us never fear to negotiate. †8 7 Professor Shia Yun Chiang class PowerPoint presentation 8a.

Poverty And Hunger In Africa Economics Essay

Poverty And Hunger In Africa Economics Essay In different places all over the globe, especially evident in developing nations, it is very much obvious that the problem of poverty is far-reaching. It is attributed to be the cause of other problems which are the main causes of human suffering. The problem with poverty inevitably leads into other worse predicaments such as hunger which in turn brings about both mortality and morbidity. Because of the existence of poverty, there is insufficiency in food resources and results into an increase in the rates of different illnesses, especially those resulting from hunger. In this paper, the author wishes to provide a discussion about poverty and hunger, and on how the two factors are interrelated. The researcher finds the topic interesting because the problem with poverty and hunger has already proven to be widespread and brings about a number of consequences leading to the suffering of mankind. This problem is especially evident in Africa, which shall be the focus of this study. Furthermore, this paper will also capitalize on some facts and statistics which will be helpful in painting a clearer picture of how problematic hunger and poverty becomes today. Lastly, to be able to provide a solution to this growing problem, a set of solutions and recommendations will also be suggested. This paper wishes to outline poverty and hunger in terms of its causes as well as the consequences it bring. Aside from the general discussion regarding the background of the problems on hunger and poverty, this paper will also provide a specific discussion on poverty and hunger, food as a commodity, HIV/AIDS, and other problems in the African setting which are brought about by both poverty and hunger. The methodology which will be used in the completion of this research will also be discussed. Moreover, another significant section of this research paper will be the exploration of the two sides of the issue which will be both examined. The first side lies on the notion that government can help in the stipulation and execution of solutions to the problem. On the other hand, another side of the issue which will be considered in this paper is the argument that the government cannot extend any help to the people who are suffering from the consequences of poverty and hunger. Finally, the last section of this paper will present a set of conclusions and recommendations to be able to help solve the problems of poverty and hunger in Africa. GENERAL BACKGROUND OF THE ISSUE One of the most commonly used definitions of poverty is that which is provided by the United Nations reiterating that poverty basically entails the denial of choices and opportunities which then results into the violation of human dignity. Poverty can also be translated into the lack of basic capacity to be participatory in the society. Inevitably, the causes of hunger become as well the causes of poverty as the two problems are deemed to be closely linked to each other. In fact, one of the root causes of hunger, needless to say, is poverty itself. Different factors have been identified to be able to provide a clearer discussion of how poverty leads into hunger. Some of the most salient points about such issue will be provided in the succeeding paragraphs of this section. Ownership of the land and the rights to control such property are two of the factors which are often overlooked when thinking about the main factors which can significantly lead into hunger. The issue on the buying and control of land is not at all helpful in the provision of solution to the problem. Instead of delivering the economic benefits it promises, it often leads into lack of food security and supply because the land is often used for reasons other than the provision of food products such as agricultural crops among others (Shah, 2010). In addition to the issue of land ownership and control as being related to poverty and hunger, it ahs also been identified that war, famine, and the lack of democracy can be identified as the main causes of the problem (Shah, 2010). Because of teh war, there are many consequences which people have to suffer, and such leads into poverty. For instance, war destroys the food resources which then leads into shortage and result into hunger. War also leads into the death of many parents who are the main sources of income from different families. Because of their death, as brought about by war, many children tend to suffer from poverty and hunger. Shah (2010) also attributes the diversion of land use as another reason on why people are suffering from extreme poverty and hunger. The land is often now used for dam projects and tobacco plantations. Because of these, lesser land is used for the purpose of growing food supplies, thereby also contributing to the problem of poverty and hunger. Because of the dam projects, many people were displaced from their homes and the project also resulted into flooding which causes damage to arable land. All of these factors, although may not prove to be as always highlighted prove to be contributory to hunger and poverty. SPECIFIC BACKGROUND OF THE ISSUE Furthermore, Shah (2010) also noted some specific details about the problem which is generally related to the presence of hunger and poverty. One of the arguments raised by Shah (2010) is the fact that food has been seen and treated to be a commodity nowadays. Therefore, because of its nature as a commodity, only the people who have the necessary financial resources are the ones who are able to have and gain access to different food supply. On the other hand, those who are deprived of financial freedom are not able to find the appropriate means to gain access to sufficient foods. Furthermore, to be able to have a better understanding on the specific background of the problem, it would also be useful to take a look at some statistics which is reflective of the extent of the problem which has been brought about by hunger and poverty. According to statistics, because of poverty, at least 50,000 people die everyday and 18 million deaths of the poor population die yearly because of poverty. This figure is very alarming as it constitutes to about one third of all the deaths of man, considered to be the factor which constitutes the most to human deaths. In addition to this statistics, it has also been reported that 39.5 million people are suffering from AIDS, and most of them, around 63%, are living in Sub-Saharan Africa. This resulted into numerous deaths in the region and continues to persist as one of the most pressing problems of today. In Africa, the problem with hunger and poverty has proven to be too extreme that everyone, even the government, finds it too ha rd to handle the said problem. Aside from the lack of access to food resources, contamination with water supply has also been a problem in Africa which generated many illnesses such as cholera and others. all of these can be attributed to extreme poverty which translates into lack of access to clean potable water as well as the food supplies with the appropriate nutritional contents (Cozay, 2010; Hearts Minds, 2010). RESEARCH METHODOLOGY As it is mentioned earlier, the main purpose of this research is to be able to present a significant discussion of hunger and poverty, including its root causes as well as some relevant suggestions in order to provide a remedy to the problem, with Africa as the geographical limitation of the facts and recommendations. To be able to complete the research, and to have a solid foundation and basis for the recommendations which will be stipulated in the latter part of this paper, the researcher will consider the use of different sources of information, specifically websites which offer substantial amount of information tackling hunger and poverty in Africa. For instance, one of the said sources would be the work of Anu Shah (2010) which presents the main thesis of this paper which reiterates that the causes of hunger are closely and directly linked to poverty. Furthermore, other websites and books will also be sued as references in order to provide a more succinct discussion of the issue . However, no surveys and interviews will be conducted in the completion of this paper. The sole basis of the facts and the recommendations will be retrieved from the critical review of various literatures which are assumed by the author as credible sources of information. RESULTS The next section reflects the findings of the authors based on a critical evaluation of the issue as well as the findings which are demonstrated by the literatures which were examined. The results section of this paper will be divided into two parts. The first part will discuss how the government can be able to help solve the problem, while the second part will discuss how the government cannot help to the solution. The Government Can Help One of the sides of the issue which should be examined is the notion that the African government could be of help to be able to provide a set of substantial solutions and can be able to alleviate the problems brought about by poverty and hunger. This belief is grounded on the notion that the government is equipped with the necessary authority to be engaged in practices and policies which can prove to help remedy the situation which continues to grow worse in the recent years. One of the ways by which the African government can be of help in the provision of solutions to the problem is through the implementation of policies and legislations which will be geared towards the improvement of the quality of life and the reduction of poverty. For instance, agricultural improvements such as through biotechnology can be initiated by the African government. Policies regarding such agricultural practices can prove to be helpful in the improvement of food security and in generating additional food supply to meet the demands of the general population. The African government must be able to engage themselves into decisions concerning agricultural technologies, policies, and institutions, along with the full support of civil societies, to be able to formulate strategies and legislations which can be able to help them solve the problem of poverty and hunger through the provision of a more dynamic food supply (Mkhize, 2004). Moreover, the Facts on World Hunger and Poverty released by Hearts Minds (2010), reiterate that the problem with access to clean and safe potable water is among the causes of many of the child deaths in the African setting. Without the doubt, government intervention can prove to an effective way to be able to remedy this problem. Because of poverty, many people are not able to have access to clean drinking water. Many of them merely rely on whatever water source is available, without paying any attention to its health consequences. Lack of financial resources leads into having water without proper sanitation, and inevitably leads diseases and even to 1.8 million child deaths recorded annually for children who die of diarrhea basically because of drinking dirty water. On this note, the government can be part of the solution by being more active in the pursuit for having clean and sanitized water in order to prevent contamination. The government must be able to extend the necessary fi nancial aid and help to the Africans allowing everyone to have access to a drinking water which is safe and free from any disease-causing bacteria. According to Hughes (2010), the task of removing the evident water poverty is not at all that too hard to be addressed by the government. In fact, all that is needed to be accomplished by the government is to repair and build different infrastructure to keep water clean and to ensure its safe delivery to different households. Furthermore, the author also reiterates that the government can be more helpful in abolishing the problems with dirty water and diseases from such by being able to improve educational programs at schools. This means that the African government can be able to urge educational institutions to teach the children, especially those who are from the younger population, proper hygiene and water sanitation in order to prevent further problems brought about by water poverty. The Government Cannot Help Furthermore, the other side of the issue which the researcher wishes to investigate on this paper is the belief that the government cannot help in the solution to the problem. This belief is grounded on the notion that the problems are naturally occurring and that its remedy is outside the functions and limitations of the African government. For instance, one of the issues which have been raised as the main causes of hunger is overpopulation. Governments which fail to demonstrate efforts and policies to regulate the growth of households will not be able to remedy this problem. Reproductive health bills, for instance, are often not part of government legislations. Because of this, families are normally given the freedom to choose as to the size of the family that they desire. Inevitably, some go overboard and are ballooning at a rate which parents could no longer sustain, thereby resulting to the inability to have access to food. The problem with overpopulation has grown too fast that it becomes too hard for the African government to handle, characterized by lack in existing policies to regulate population growth. However, there are some people who argue that overpopulation is not the ultimate cause of hunger, or at least a significant reason for majority of the Africans to be hungry. There are certain studies which conclude that the rapid growth of population is in no way associated with the suffering from hunger. Rather, the study concludes that the population of the poor countries in the world has lesser to eat. This means that there are limitations with regards to access to food resources, and such is the reason for hunger, and not directly associated to overpopulation (Lappe et al., 1998). Lastly, for those who believe that the government could not be of help to the provision of a sustainable set of solutions to combat hunger, it is argued by some that the presence of different economic policies and programs along with immense poverty inevitably leads into lesser access to food resources. The believers of this notion also reiterate that overpopulation is not the main reason for hunger. The problem is therefore assured to be political and not due to food shortage alone (Shah, 2010). It is argued that this cannot be given full remedy by the government alone. This should include the efforts of the greater portion of the population to provide resolution to the problem. CONCLUSION AND RECOMEMNDATIONS Without a hint of doubt, poverty and hunger are indeed present in the African setting and continue to be among the worst of the problems haunting its citizens. The consequences of the problem have already been felt widely by the general population, and worst, even lead into deaths especially among the younger generation. It is, however, not yet too late to implement a set of solutions which can be able to help alleviate the predicament. The African government might have already demonstrated its efforts to fight poverty and hunger but there needs to be a set of stronger strategies to combat the problem. Since hunger and poverty prove to be two of the most persistent problems in the African region which proves to be morally unacceptable, there is an urgent need for both short term and long term practices which can be able to help lessen the burdens of such problems. One of the solutions identified to be able to remedy poverty and hunger is to facilitate different programs within smaller communities in order to provide education about the problem. Through these programs, it will be possible to teach the citizens how to approach poverty. Simple things can be thought. For instance, they can be thought how to properly take care of their health in spite of suffering from poverty. Because of this, undesirable health issues can be lessened. In addition, they can also be taught sanitary techniques, especially in the treatment of contaminated water. Because of this, they will be able to have clean and safe drinking water despite the limited access to such resource. Furthermore, there is also a need to improve food supply. Majority of the African population are farmers and they earn a living through cultivating and rearing their lands. However, because land is often dedicated to other commercial purposes, these farmers do not have enough area of land to farm. The government must then be able to provide enough space for farming. Moreover, the government should also develop agricultural techniques and improvements which will be both essential in increasing food production in Africa. There should also be the demonstration of the willingness of the government to provide more job opportunities for the people of Africa. To make this possible, the education system should also be improved to make the citizens more competent and therefore more able to handle professional work. Once employment opportunities confront the Africans, they will have a sufficient source of income and can therefore be translated into the ability of having the financial resources which will be required to have access to food. Moreover, people should also be taught not to waste food. Everyone should be encouraged not to buy in excess and prepare only what can be consumed. Through this, it will be possible to help others by giving them any excess which can no longer be consumed. This also promotes a sense of responsibility to properly management scarce resources such as that of food. Furthermore, charitable institutions, donations, and foreign aids should also be encouraged by the government to possibly provide them with the financial assistance which will be required to be engaged in various poverty and hunger reduction measures. Furthermore, according to Runge (2003), to be able to possibly solve the problem which is associated with poverty and hunger, there is a need for scientific innovation, renewed structures of various institutions, presence of new investments in order to generate more financial resources, and the demonstration of responsibility to the environment. The latter, being more responsible to the environment, is very important because it can assure sufficient supply of food resources in the future and can also help solve the problem with water contamination which is also one of the most pressing problems which is experienced in Africa. Many people believe that it is impossible to end poverty. However, such false beliefs should be stopped. It is possible to end poverty. Through the collaborative efforts of all parties concerned, especially between the African government, the African citizens, and with the help of the global landscape, it is possible to end poverty in Africa and prosper as a country free from the wrath of hunger. With the renewed efforts of all the parties which are concerned, it would be possible to put an end to the problem of poverty and hunger. However, the process is gradual. Like in the achievement of any specified goal, these things cannot be rushed. The leaders of the African government must demonstrate better capabilities in order to provide solution to the problem. Corruption in every aspect should be removed. The people of the country should be more participatory in the efforts of the government. Foreign countries and government must also be able to demonstrate willingness to help, especia lly those nations which are already rich.

Economic And Environmental Impacts Of Transnational Corporations Economics Essay

Economic And Environmental Impacts Of Transnational Corporations Economics Essay Trans National Corporations (TNCs) are companies which operate in at least 2 countries. Its organization is very hierarchical with the headquarters as well as research development often located in the mother country. Production centers tend to be host countries. When organization becomes more worldwide regional headquarters and regional research development will widen in the manufacturing countries. This gives TNCs many advantages, such as right of entry to the global market, cheap labor, low production costs, consequently greater profits. The headquarters of these remains in its mother country, usually one of the most developed countries in the world, like USA UK. Their established factories throughout the world, which either make parts or entire finished goods for the company to sell on the global market. Among all the TNCs in the world, Most of them are oil companies such as Exxon (Esso) BP, car manufacturing companies (for instance Toyota, Ford, Nissan and Volkswagen). Other familiar companies like Sony, IBM and Coca-Cola are also defined as being TNCs. Trance National Corporations are established globally for their advantages, to earn more profits. They bring with them both positive and negative impacts for the country that plays host to them. Top 10 TNCs in 2009 TNCs manufacturing high-tech Scientific instructions, pharmaceuticals microelectronics, (Mitsubishi, Sony, Glaxo- Smithkleine) Large volume consumer goods Tyres, Motor vehicles, televisions other electronic products (Toyota, Daimler, Ford, Volkswagen, General Motors) 3) Mass produced consumer goods cigarettes, beverages, breakfast cereals, cosmetics branded goods (Mars, Uniliever, Nestle, Kraft foods) 4) Service Banking/ insurance, freight transport, advertising, hotel chains and fast food outlets (IN group, AXA, citigroup, HSBC, Allianz, Dexia) TNCs organize manage economic activities in different regions develop trade inside between units of the similar corporation in different regions. It means they can often control the terms of trade and can diminish the effect of quota boundaries on the movement of products, go around trade tariffs. Advantages to TNCs TNCs have the ability to take advantage of spatial differences in factors of production. They can utilize differences in the accessibility of labor, capital, and building or land costs. e.g. 2002 Dyson moved its production from a plant in Malmesbury, Wiltshire to Malayasia to take advantage of cheap labor. Dyson did retain several hundred jobs in Wiltshire for RD saving of 30% in production costs0 They can locate to take advantage of government policies such as lower taxes, subsidies and grants and less strict legislation on employment and pollution. They can get round trade barriers by locating production within the market where they want to sell. E.g. Nissan in Sunderland, Toyota in Derby. Japanese car firms have been attracted to locations in the EU because of quota restrictions on the import of Japanese made vehicles into European manufacturers and gain entry to the European market What are NICs? Country that has within recent decades experienced a get through into rapid productivity growth, rapid export oriented economic growth, quick industrialization farther a high amount of investment and assets formation largely funded from local savings, and a high tendency to export, with end user durables and machinery accounting for a large share of exports. Superior examples are South Korea, Hong Kong, Taiwan, and Singapore. These countries invest capital and production facilities in other developing countries like China, Vietnam, India, and some countries in South East Asia. Within 20th century lots of East Asia countries were industrialized such as South Koria, Taiwan, Philippines, Singapore, Thailand, and Japan. These states are called as Newly Industrialized Countries or (NICs). They are also sometimes referred to as Tiger Economies because of the growth rate of these counties. The governments of NICs controlled over industrial development motivated industries to export manufactured products to abrade such as more developed states. The exports profits were re-invested in the local economy. Local businesses did grow; wages rose workers did spend their new assets to buy domestic goods and services thus motivating further growth. This type of rotation or knock-on effect, in which money paid out by businesses is reinvested inside the country, is often called the multiplier effect. NICs have been being succeeded for the last 30 years. That successfulness of these economies has contributed to the turn down of manufacturing industries in MEDCs like UK. Industries struggled to compete with the NICs competition, because their production cost and wages were very low. Characteristics of NICs Countries whorled market exporter share is increasing, they often copying existing products then reproducing for a much low price. Continues growth in the production sector that results for more exports continues increasing of GDP. Generally NICs Can be developed by three stagers, thats traditional society to a developed country society. Three stagers are explained below. The time frame of whole process can be minimum 30 years. Traditional society: There are more labors work under the industry, its labor oriented. Concentrating on small cottage-style traditional industries, concentrated on local raw materials. Instance could include food processing, textile manufacture Most of the time, lots of people are still work in the primary sector, doing things include farming. Using primary technologies most of the people have less money. Import the products what they want, that indicate county is not producing what they actually needed addicted to import products. Import substitution industries: The country does promote its own industries. Newly started companies imitate products from well known market giants and then produce them for low price. The government operates tariff barrios for the products are being imported trades that make similar products. The purpose of that is protecting their own domestic companies whilst they grow. Instance industries are computer manufacture, car manufacture, electronic goods and other electrical goods, like hi-fis. Export orientated industries: The new companies established in their own country they are unleashed upon the global market. Industries are being capital intensive, using high technology aimed at earning a big profit. The gross domestic product (GDP) of the country starts to increase, mostly growing at well over 5% per year which is a wonderful rate. Now the country has been being an NIC. How do TNCs affect to the NICs economy their environment? Investment: Advantages: The companies earn, invest, bring foreign currency into the country. Though most of their earnings come back to the companys country of host, all the remunerations do come to the local economy Disadvantages: The salaries paid to host country workers are very low and a lot of companies have been accused of exploiting the workforce before benefiting it. There are often tax incentives for these TNCs to locate in countries in the Developing World. Due to the fact that they get lots of their profits out of the country that says the real economic benefit to the country could be limited. Technology: Advantages: TNCs help the development of the NICs by bringing in latest technology and new knowledge that the host country doesnt use. Disadvantages: Unless the company actively participates in a program to educate local companies in the new technologies, the countrys industry will not really benefit. TNCs are not going to share too much information. If the local industry competition will increase because of new knowledge TNCs have to compete even with the local companies. Transport: Advantages: The new TNCs mostly help to develop transport links around the company area. Disadvantages: Mostly serve only the direct roads, rails that needs of the company, not the surrounding area as well. Employment: Advantages: They create jobs opportunities for the NICs domestic employees. Disadvantages: Most of the jobs opportunities are highly skilled so the company uses their own people to do the work. Because of the technological environment of these companies. Remain less jobs opportunities. Urbanization -launching a TNC in a city in NIC does encourage urbanization. Young migrant workers gather to the city. It influence to the rural communities their development Environment/Safety: Advantages: Companies bring with them the environmental friendly technologies expertise to decrees harmful pollution establish a safe working environment. Disadvantages: a lot of TNCs have very bad history on pollution and worker safety. They have been complained of trying to cut both safety of working environment and environmental pollution in order to keep costs down. . Overall impact to the Economic growth Development of NICs can be potentially promoted by transnational corporations through their activities that generate economic growth. Some evidence exists that the foreign exchange and foreign direct investment that TNCs provide can improve the performance of the economy of the NICs which they operate in. The process of economic growth is impacted by the TNCs through influencing the quality and amount of new capital formation, transfer of soft and hard technology, expansion of trade opportunities and the development of human resources. Further, Such as Province of China, Taiwan, and South Korea demonstrate, that under some conditions economic growth can foster social development. For example in Taiwan, enormous growth of economy has been combined with increased educational levels, longer life spans, improved health conditions, advanced housing conditions, political liberalization and enhanced civil liberties. Theoretically TNCs can uplift the development of the NICs society by fostering economic growth; practically this relationship exists for two reasons. Mainly, in the host countries it is not clear whether transnational corporations are really responsible for the growth of economy. In the most recent two notable cases related to economic transformation, Taiwan and South Korea, a negligible role was played by transnational corporations. Further, TNCs actually have the ability to prevent NICs local economic growth by running local entrepreneurs out of the business zone, along with the importing of main goods and services, reducing large amounts of the profits from their local NICs, and transferring royalties and fees to the main companies which are located away from the host economy. Secondly, even if the economy of the NIC is not developing, there is a tenuous relationship between social development and economic growth. Even though there is an global economic growth annually, it is yet hard to prevent the problems of poverty, unemployment, inequality in wealth, and such other issues of social malaise. For example In Cote dIvoire, from 1960 to 1975 the TNCs could have helped to foster aggregate the growth of the economy, they did only a very little to uplift the development of the society: increase in unemployment, income distribution expanded and nationals increasingly started losing the control over the industrial capacities of the country. In some, under some circumstances TNCs can act as the engines of growth of economy, the power of economy is very rarely harnessed to the achievement of development. Overall impact to the Environment Transnational corporations can have a negative impact through a demotion of resources in the environment to the social development. And over the past ten years such entities had been responsible for environmental disasters. For an example, Union Carbide in Bhopal, India, Exxons Valdez spill off Alaska, and Texaco in Ecuador. To a group of environmental problems TNCs have been linked. Fifty percent of the green house emissions are generated by them, in which they are responsible for global warming. Furthermore they are also the users of ozone-depleting chlorofluorocarbons (CFCs) and they are also producers of CFCs. Explaining further, transnational corporations are responsible for the pollution of land, air, wetlands, water and the oceans. Ultimately, through their mining activities and commercial logging, there is a contribution to deforestation by the TNC. For example in the mid-1980s, there was a control of 90per cent of the logging by the foreign corporations in Gabon and in Congo it was 77 per cent. As a result of such mining and logging negative effects such as flooding, loss of topsoil rapid run-off of rain have occurred; Farmers are economically not in a rich status to buy the land from forest owners and usually TNCs dont internalize such social costs. Hence such negative externalities cannot be p revented. The relationship between TNCs and the environment is massively complex even though transnational corporations can definitely obstruct social development through their environmental practices .But yet the Critics dont mention that consumption of environmental resources should be abstained by transnational corporations, instead they should promote sustainable growth and development via their activities. In the meantime there is a practice by the TNCs to follow demoted environmental standards in the developing countries with comparison to the developed countries; and it is found with evidence that environmental practices are more responsible in developing countries than in local firms functioning in such countries. Nevertheless, critics emphasize that, as a result of having better resources they have better access to research and development, It is the responsibility of the TNCs to promote environmentally sustainable practices and they bare that responsibility. Some companies undergoing so much of pressure have started to follow more environmentally responsible policies. Example, a maligned polluter named Dow Chemical, had to establish one-and-a-half days each session with the environmentalists brief senior management quarterly. The salary of the manager was pegged to the goals of the environment, and a toxic release of 32 per cent between 1988 and 1991. Further some laudable environmental practices were also implemented by the IBM including rewards for the employees for technical innovations which helped to comply with the environmental standards. Finally 18 environmental awards were won by ATT since 1990. On the other hand, expect these three companies majority pillage to consume environmental resources from the countries that are developing and they consume these environmental resources in a destructive and unsuitable manner. practices which certainly hamper prospects for social development. Some of the companies that involves in issues related to the environment are General Electric and DuPont, for example, Dupont was responsible for toxic chemical releases in 254 million pounds during the period of 1991 in the United States , and this has led to minimize such practices that destroys environment. e.g. In December 1984, one of the worlds worst industrial disasters occurred in a Union Carbide plant in Bhopal, India. Poisonous gas leaked from a negligently maintained chemical factory killing 3,000 and injuring over 200,000. See Reinhold (1985), Lueck (1985) and Everest (1985). An Exxon ship called the Valdez crashed off the coast of Alaska, spilling thousands of gallons of oil into the ocean and killing large amounts of marine life. The company untruthfully maintained that the oil spill had caused only minor damage and that the oil spill had been satisfactorily neutralized (de George, op. cit., p. 5). Conclusion -s-cool.co.uk. (). Geography GCSE: Industry. Newly industrialised countries: South Korea. (), . http://www.s-cool.co.uk/gcse/geography/industry/industry-in-the-developing-world.html

John Steinbecks The Chrysanthemums Essay -- John Steinbeck The Chrysa

John Steinbeck's The Chrysanthemums The Chrysanthemums is a story that takes place in the Salinas Valley of California. The story's main character is Elisa Allen. Elisa is thirty-five years old. She is a character that goes through development and many changes in the story. Throughout the story Elisa Allen goes through both physical and mental changes." In the beginning of the story Elisa is strong and eager"). She is working in her garden. Her husband Henry comes over to see her and asks her if she would like to go to town for dinner and a movie. Elisa becomes all happy when Henry asks her to do this. Elisa tells Henry that she would like to go to town. "She said she would like to go to town with him like she really didn't get to spend much time with him". Elisa's mental attitude changes once again when the man tells her that he wants to give the chrysanthemum seeds to a lady that he sees during his trip. When Elisa heard what the man wanted to do " she ran excitedly along the geranium bordered path to the back of the house" . She was running to get a flower pot to put the chrysanthemum seeds in. The man left with the flower pot and Elisa was very happy. Elisa was really happy when she left with her husband to go to town. This didn't last very long. Her whole attitude changed when she saw what the man had done with the chrysanthemum seeds. They had all been thrown on the side of the road. The man just left with the flower pot. Elisa had felt really hurt when s...

Process of Learning Essay -- Education Essays Observational Cognitive

There are many ways that children and adults learn but there are two processes of learning which have been of great debate for many years. Observational learning and cognitive learning have been theories which many great philosophers have been researching extensively. Both theories provide valid points and both can be applied to our world today. The question is do I believe in them and can they somehow be integrated? I believe that learning is observable yet I also recognize that there are many other factors to consider when discussing this issue. First I believe that being observant means that we focus and pay attention to what we are observing. If you want to learn anything, it is critical to pay attention. Anything that may come in the way of your attention is going to decrease your learning, including observational learning. Second I believe that each individual's environment, culture, and family greatly affect how someone responds to what they have observed. We can look at this topic from a simplistic point of view and use the example of a child observing someone throw...

Colorof Water :: essays research papers

Before I read "The Color of Water," by James McBride, I saw his appearance on 20/20, discussing his quest to discover the background of his mysterious, marvelous mother. McBride said he didn't even know his mother's maiden name, much less about her Orthodox Jewish background, until he prodded it from her because he needed it for school records. "Shilsky," she told him, impatiently, offering no further details. McBride, who is now about 42 years old, said he asked no more questions of her, but added when he was "bonding" in Black Pride with his college friends, playing bongo drums and jazz music, he'd think: "Shilsky. Shilsky. Something's funny here...". Watching him on television, such a fascinating, articulate and yet entertaining man, made me want to know more about his amazing mother. I received a copy of the book as a gift. None of Ruth McBride's 12 children knew anything of substance about her background. When they asked what color she was, she would answer, "I am no color" and say that God is "the color of water." Ruth Shilsky, whose father was an abusive Orthodox Jewish Rabbi, treated her and her mother extremely cruelly when she was a young girl in Suffolk, Virginia. Jews were discriminated against second only to blacks. But Ruth fell in love with a young black man, became pregnant by him, and was sent to live with an aunt in New York city. She never went home again. She felt much more at home in 1940s Harlem, and fell in love with another black man, having a baby and living with him for more than a year before they were wed and had several more children. They made a good life together, but he died. Ruth later married yet another remarkable black man, having more children with him for a total of 12. James was in the middle, precocious, curious, bright and at risk for becoming a street kid. But he didn't have that much time. He didn't know why at the time, but his mother made him and his siblings attend a Jewish school out of their neighborhood, feeling that they would receive a better education there. As a young man, McBride started down the wrong path -- smoking dope, stealing, hanging out with bad company. But his stern mother seemed to intervene at the right time, delivering the fear and discipline McBride needed. All 12 of Ruth McBride's children received college degrees, masters degrees, and several became physicians, attorneys and scientists. McBride has been a journalist for some of the nation's most prestigious newspapers,

Picnic Spot Marketing Essay

Introduction The village of Maizbhandar is very old. Its roots can be traced as far back as the year 1425 with the earliest settlers in the village being migrants coming over from Saudia Arabia. It is a part of the Nanupur Union council that is located in Fatikchori, Chittagong. It takes approximately around two hours on clear roads to reach Maizbhandar from Chittagong city. The road leading to Maizbhandar offers a tranquil and beautiful environment filled with lush greenery that can be a welcome relief at times in contrast to the rough and exhausting city life. One landmark that is bound to grab attention is the Maizbhandar Darbar Sharif that comes into once you enter Fatikchori, something that attracts many unique visitors from all over the country. It is dedicated to the late Ziaul Haque Maizbhandari upon whose memory the village Maizbhandar gets its name. The lives of villagers have prospered well over the years. It is at times difficult to comprehend the change that has occurred in their lives, especially when one looks upon the situation of the same family during post  1971. There also many villagers who have gone on to work in the Middle East thus sending in valuable remittances back to the village that has been in instrumental in improving the lives of the villagers. In fact, it can be said that there is average of 1 person from every family who is working abroad. There are also some entrepreneurs operating in the village manufacturing food products like chanachur, biscuit, etc. Most of the villagers are expectedly farmers whose major crops include rice and chilli. Some of the locals have also set up carpentry shops to boost their livelihood. For shopping, there is the Nanupur Bajar nearby where all types of food and basic necessities are available. It takes around 10-15 minutes on foot to get to the Bazar. There are 5 banks within village and its surrounding areas where villagers can make deposits or take loans. The income disparity is pretty low although there are one or two families who fall in the extreme poverty line although there is always donations coming in to help support these families. The Darbar Sharif of Maizbhandar has also played a pivotal role in the village’s development. As stated earlier, it attracts visitors all over the countries which in turn has helped boosted the  local shops. In fact, some say traffic to the Darbar Sharif was a prime mover behind the development of roads around these parts.  However, despite all the positive changes, there is always the problem of floods that remains a constant thorn in the lives of the villagers. This is a problem that is increasing in frequency due to illegal construction work that is going around the village which is in turn changing the village landscape for the worse. The situation will continue to escalate if the authorities do not take preventive measures. Business Idea Chittagong is getting industrialized at a very high rate these days. There are a lot of offices, restaurants, schools, etc. opening around making city life pretty hectic these days. As such, the situation can be said to be pretty similar to that of Dhaka. As industrialization has moved in, so has moved in the demand for quality family outings or office picnics at beautiful locales in or around the city. However besides the Patenga beach, Chittagong does not offer much. As result, it would be great for the dwellers of Chittagong if picnic spots were to open up around the city. At a distance of 2 hours away from the city, Maizbhandar would provide an ideal picnic spot with its idyllic village surroundings. Companies looking out for HR outings may put this up to good us to boost up the morale of their employees through these picnics. It would prove to be an ideal substitute against the dearth of beaches and sea side resorts that Chittagong seems to offer. SWOT Analysis Strength: I already have a village home that can act as the resort or housing facility. The infrastructure is more or less established giving the picnic spot a good base to start off from. Weaknesses: A nature resort has not been tried out in Chittagong before so the inexperience in this filed may come to bite back later. Opportunities: This would be the first village oriented picnic spot in Bangladesh. As a result, the hype surrounding the undertaking would be enough to lure in potential customers here. Threats: There already some established holiday/picnic spots around Chittagong and they may prove to be a bummer when the project will finally take off. Finance Plan The following table shows the capital investment needed to kick off this venture. Land Development Infrastructure Swimming Pool Complex Water Supply (tubewell) Backup Generator Dà ©cor Utilities The staff costs are estimated to be at around 40,000 taka. The charging rate for picnics would be around 2000 taka per person or 50,000 taka if people were to take a corporate package involving a lot of people and food per person would be priced at 500 taka. Conclusion This a plan that has a lot of potential. Maizbhandar is a prime spot for such a project since its only two hours away from the main city. As such, building in such a plan would lead to great success for the investors.

Was Egyptian Medicine a Huge Leap Forward?

Medicine in Prehistoric times and medicine in Egyptian times have shown similarities. For example trephining was still used as a treatment, even though it was not really very helpful. There was still the belief in supernatural forces being the cause for someone being unwell, despite the fact that it was not true. They both also used charms which have no effect, yet they believed it would have effect towards the supernatural forces. There was also the fact that during these two time periods there never were any anatomies to gain insight on how the whole human body works. They both used herbs which do work if used correctly. However there were also quite a few steps forward of development in Egyptian medicine as they did have the embalming process which involved somewhat dissecting the body if only to remove the organs and not a full scale anatomy however they were closer to the truth with the ‘channel theory’ as we do have veins, arteries and capillaries that have similar qualities to channels. They also were more developed in civilisation as they believed in a hierarchy where doctors existed, meaning that there were people specifically trained in medicine with medical books; they would pass knowledge through writing which would preserve over time to help new doctors and they would also comment on the effectiveness of the treatment itself, helping the doctor to decide the best treatment for their patient. They were also more developed as they had trade which would mean resources unavailable in Egypt could be brought from other countries to their own if they were in need of certain herbs for medicine. They could also exchange knowledge and treatments with other countries to gain more insight into effective medicine and ineffective medicine. Despite a few similarities in Egyptian and Prehistoric medicine I do believe that the Egyptian’s did provide an important step forward in the development of medicine as they had not only come up with a fairly accurate theory for how the human body worked which would lead away from supernatural causes to some extent as it offered more logical reasons why. This was discovered during mummification which was a process that was closer to the anatomy we still do today which does teach a lot about the body and how it works. Their preservation techniques for medicine were also really important as they would serve as guides and mean that any tested and proven theories and recipes could then be used by others as education and treatments, which is similar to today also.

Confidentiality, Multiple Relationships, Conflict of Interest Essay

You are a counseling psychologist. One day, a 19 year old daughter had knocked on your office door and asked for some advice. You notice that she is Lily, your nephew. She is almost crying when she entered your room. It is important to note that this nephew of yours had become an intern in your clinic 6 months ago. This made you hesitant to accept her in your counsel. However, you decide to let her in. After some 10 minutes of just crying, she told you that she was raped by her boyfriend one week before that consultation. Upon hearing that, she urgently told you that you don’t want to tell that to her parents, meaning your sister (you and her mother are sisters). She decided not to pursue any criminal charges against her boyfriend and will just leave and forget the issue. She still loves her boyfriend and decided to stick with him despite the crime. She told you that she only consults you because she just wants someone who is professional that she can share her burden who can guarantee that the secret will not be told on other people. You suddenly remember that you already met her boyfriend in one family affair. At that time, you have a feeling inside that that guy has some mental abnormality. Subtlety, you are against their relationship. At this moment, you are undecided about the issue. You are unsure if you are going to keep the confidentiality of the case of your client which turned to be a former intern in your clinic and at the same time your nephew.