Sunday, December 29, 2019

A Biographical Examination Of A Major Historical Figure

Thomas 1 Jessica Thomas 12-13-2015 U.S. HISTORY TO 1877 A biographical examination of a major historical figure Thomas 2 In this essay I will discuss one of the most prominent figures in American history, our 16th president, Abraham Lincoln. Abraham Lincoln was born on February 12, 1809, in Hodgenville, Kentucky. In 1816 his family decided to move to Southern Indiana where he grew up in a poor household. Although Lincoln was limited to three brief periods in local schools, and only went to school for one year (so he could constantly work to help support his family), he continued to read with the determination to improve his mind. Before entering politics, Lincoln lived in Illinois and worked a variety of jobs. As a young man, Lincoln was a wrestler in Illinois, impressing others by his physical strength. Lincoln was trying to attain knowledge while working on a farm and keeping up at the store in New Salem, Illinois. Lincoln eventually became a store owner in New Salem, he became more social and loved story-telling, which made him popular with the public. In 1832, the war between the U.S and Native Am ericans began, also known as the Black Hawk War. The volunteers in the area voted for Lincoln to be their captain. During this time, Lincoln saw no combat, which he states â€Å"a good may bloody struggles with the mosquitoes.† Although nothing really happened in this war Lincoln was able to make several important political connections. After thisShow MoreRelated The Last of the Mohicans as an American Romance Essay1820 Words   |  8 Pagesaccounts of the early explorers and settlers who came to the Americas. Their writings described the natural beauty and mystery of the New World and introduced the Old World to a civilization and culture native to the Americas that would have a major impact on American Romanticism. 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Further, the historical and biographical contexts the story was written in can be enlightened by mentioning Gilman’s relationship with S. Weir Mitchell. And I can’t help but read the story and think of Foucault’s concept of Panopticism as a method of social control. Lastly, ofRead MoreTeaching Middle and High School Students Literature7100 Words   |  29 Pagesnovel b) Defining and Understanding Elements of c) Character Analysis d) Problems and Solutions of the story IV. Historical Fiction a) Activating background/prior knowledge b) Setting a purpose for reading c) Writing about historical fiction V. Realistic Fiction a) Evaluating Realistic Fiction b) Responding to the selection c) DistinguishingRead MoreYoung Goodman Brown: Characters4483 Words   |  18 Pagesmembership, and could have been called Gods elect. Order in the family fundamentally structured Puritan belief. Authority and obedience were the main characteristics which constituted the relationship between Puritan parents and their children. The historical events in the story are not central, but they inform the action. Hawthorne was very much interested in them, and while researching the local history of New England he made a very important discovery. His 17th century ancestors from his fathersRead MorePsy 244 Essay10464 Words   |  42 Pagesï » ¿ Psychology 244 Instructor: L.J. Harris PSYCHOLOGY 244 MIDTERM EXAMINATION Spring, 2014 Study Guide Organization of Examination and Questions From Which Test Questions Will be Drawn All questions on the examination will come from the lectures (Topics I – X) and the assigned chapters and parts of chapters in the textbook. To help frame the questions for you, they will be organized under the same main headings and subheadings used in the Lecture Notes. The only exceptions willRead More The Death of the ‘Authorlessness Theory’? Essay6470 Words   |  26 Pagesrunners. Inside the area outlined by the tables were porcelain tiles on which the names of 999 women were hand painted. The project attempted to revise â€Å"the history of Western culture by naming and symbolizing in visual form 1,038 women from various historical periods† (Jones, 87). As with Chicago’s earlier collaborative project Womanhouse (1972), an emphasis on handiwork was stressed. All of the porcelain tiles, plates and needlepoint runners were made by people working specifically on the project

Saturday, December 21, 2019

Employee Compensation And Benefits Packages Essay

Introduction In today’s competitive workforce, compensation and benefit packages plays a crucial role on recruitment and retention for both the organization and the employee. Bumpbie finds itself in a situation where it could positively affect its employee’s morale, turnover rate and longevity; by making a strategic decision to implement compensation and benefit packages that will encourage current workers to stay and entice new applicants. Money is not always the inherent reason businesses experience high turnover rate, the constant shifting in the job market will always be a contributing factor as well as employee’s moral. Mayhew, R. (2016), explains that an â€Å"employee compensation plan† refers to all the components offered as well as the way in which they are paid, and the reason behind the employees getting the compensation case bonuses, salary increases and incentives. The fact that there are voluntary and mandatory benefits that organization provides to their employees give employees the freedom of choice, as well as the option to make the whether to stay with or leave an organization based on the benefits it provides. Variable Pay is also an option that some employers offer their employee which is performance based or results oriented. Whether it is profit sharing, merit based programs or incentive bonuses; it all comes down to which organization can provide employees with the compensation or benefits packages that best satisfy their needs. How Benefits compareShow MoreRelatedEmployee Compensation And Benefits Package Essay905 Words   |  4 PagesIntroduction – Employee Compensation and Benefits This paper will outline an employee compensation and benefits package for a new hire for a secretary for the department. First, it will describe the organization I chose for designating a compensation package. Next, this paper will develop an employee compensation and benefits package for this new position. This paper will outline an employee compensation and benefits package for a new hire for a secretary for the department. First, it will describeRead MoreEmployee Compensation And Benefits Packages Essay1245 Words   |  5 PagesEmployee Compensation and Benefits Organizations create compensation and benefits packages in order to attract the best talent. In today’s global economy it is imperative that organizations offer compensation packages that are competitive in order to recruit the very best talent in the world. However, in order to be successful, compensation packages must align with business strategies. Authors â€Å"Mathis, Jackson, and Valentine (2014) explain that an effective total rewards approach balances theRead MoreEmployee Compensation And Benefits Package944 Words   |  4 PagesEmployee Compensation and Benefits Package The organization for which I am designing the compensation package is a company that offers internet solution to customers in the domestic US market and the global market. The position that I am hiring is that of a company secretary. The secretary will be required to work in the office of the human resource manager and will handle all the papered and paperless documentation. The position comes with numerous benefits and packages as outlined herein. AfterRead MoreEmployee Compensation and Benefits Packages548 Words   |  2 PagesEmployee Compensation and Benefits Packages Introduction: A companys compensation and benefits package will likely be a great determinant of the quality of its personnel and the stake that these employees feel that they have in the hiring organization. This is why it is incumbent upon an organization to choose a compensation and benefits strategy that is at once consistent with internal values, needs and expectations and respects the external forces of industry standards, market context and geographicalRead MoreEffectively Managing Employee Compensation and Benefit Packages1289 Words   |  6 Pageschallenge, for global organizations and the human resource department, is effectively managing employee compensation and benefits packages. 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Compensation packages can include bonuses, benefits like health insurance, retirement benefits, paid time off, and professionalRead MoreConsiderations for Compensation and Benefits1442 Words   |  6 PagesConsiderations for Compensation and Benefits Abstract Compensation is one of the most important considerations perspective employees will make prior to accepting a job offer. For this reason, another performance of Human Resource (HR) professionals is the compensation analysis. The focus of the analyst in this position is to use strategy in formulating compensation and benefits packages that are attractive and conducive to maintaining talented employees (Editorial Board, 2011). As another criticalRead MoreEmployee Benefit Plan Development : Employee Benefits Essay1508 Words   |  7 PagesEmployee Benefit Plan Development â€Å"Understanding your employee’s perspective can go a long way towards increasing productivity and happiness† – Kathryn Minshew, founder of The Muse. In today’s highly competitive and robust job market, benefit programs have become an integral aspect of an employer’s total compensation package. In fact, an employer’s total benefit package plays just an important role in attracting and retaining talent for organizations as monetary compensation, according to a recentRead MoreHuman Resource Practices With Business Goals1363 Words   |  6 Pagesaligning business goals with employee motives, a well-rounded compensation plan precedes attainment of these business goals(Martocchio 3). As can be seen by this statement, compensation is a major concern for all players in the business world today. As a matter of fact, if a company fails to properly manage their compensation package they will find themselves being left behind by the competition. In particular, what exactly does being left behind in compensation and benefits mean? It stands that otherRead MoreMicrosoft Compensation and Benefit System1648 Words   |  7 PagesCompensation and Benefits System of Microsoft MGMT 365 February 23, 2014 Compensation and Benefit System of Microsoft Microsoft was founded in 1975, and is the worldwide leader in software, services, and solutions (Career). Microsoft is proud to offer great products and employ outstanding people. Previous Microsoft CEO, Steve Ballmer once said, â€Å"There are many things that are true about Microsoft. We have big goals, big dreams, and big aspirations for the future. We are both competitive

Friday, December 13, 2019

Quotes for Zorba the Greek Free Essays

Journal Entry #1 Quote: â€Å"the only way to save yourself is to endeavor to save others? † Page: 5 In life there are times when people cannot only focus on themselves. In order to move on, and fulfill life’s destiny you must help those that surround you. One cannot truly understand who they are and why they were brought to earth unless they consider helping those around them. We will write a custom essay sample on Quotes for Zorba the Greek or any similar topic only for you Order Now Helping others teaches you to become more understanding patient, and sympathetic toward others. You initially free yourself of any conflict between others and help them as well. Journal Entry #2 Quote: â€Å"I’d believe in God, and I’d believe in the devil, too† Page: 54 God is considered a supernatural creator and overseer of the universe, while the devil is considered a powerful entity and the epitome of all things evil. Life is never completely perfect; there will always be a glimpse of evil. In order to believe in God you have to believe there is a devil. When I first saw these words I was taken a back; how can one believe in God yet still follow the devil. I then realized that though the God and Devil are completely opposites they both combine to make on just like the yin and yang. Journal Entry #3 Quote: â€Å"I felt once more how simple and frugal a thing is happiness† Page: 80 Today in the 21st century we are easily amused by what money can buy us even if it costs a fortune. Yet when you take a break from all the money spending and spend time with friends, nature, and family it is easy to see that you can find happiness everywhere especially the smallest things. You do not have to be economically viable in order to find happiness. Journal Entry # 4 Quote: â€Å"Woe to him who wants to please others! † Page: 182 Today in the 21st century we would read this quote as ‘warning to him who wants to please others. ’ Too often does one get teased upon for helping those in need. This quote further proves that when one person tries to please everyone they get overwhelmed with despair. Another way to read this is that when you constantly try to please others you never help yourself or make yourself happy so you continuously thrust sadness upon yourself. Journal Entry # 5 Quote: â€Å"That’s the road to take; find the absolute rhythm and following it with absolute trust. † Page: 233 As teenagers we are always told that everyone has a talent, when we grow older everyone tells us to pick a job that will support you financially. Sometimes ones talent will not support you financially such as an artist, photographer, or dancer. Yet this quote tells us to find our talent find something we like to do and stick with it. In other words go with your gut feeling. Zorba the Greek Poem: Narrator’s perspective Night had fallen, The sky was pitch – black. Thinking to myself It’s over. God is no longer with us. Laying down in a bunk next to a man, Once a complete stranger is now considered family. I was afraid of finding myself alone one evening I lay down in my new bed, reflecting on my new life. I remember the books and how they comforted me, I remember my precious Friend. Never shall I forget the last moment we shared. Whenever I happened to dream of a better world I imagined myself in the hands of my friend surrounded by life. Awakened from such a beautiful lie, I tell myself don’t let your self be overcome by lies. To believe meant I was weak. Everyday I knew an adventure was waiting for me. The nights were unbearable. Every night was filled with silence. Silence that broke my heart. Night. It was my time to think, To think of my books and my friend. To think of Zorba, and our spontaneous friendship. Most of all to think of what I will become. Night had fallen The sky was pitch – black Laying in a bunk next to a man, Thinking to myself. I am no longer who I used to be. I am no longer the awkward bookworm. How to cite Quotes for Zorba the Greek, Papers

Thursday, December 5, 2019

Hot and good Essay Example For Students

Hot and good Essay Removing her clothes can be a very important part of foreplay. You have two choices: slow or fast. The reason you should try both (at different times, bobo) is because a) women love variety and, b) to figure out what she really likes. SlowSit down on the bed and have her stand facing you. Slowly unbutton her top and spread it apart, but dont remove it just yet. Go inside her shirt and hold onto her waist, all the while kissing her stomach and licking her navel. Now take off the top. Undo her pants/skirt and let it fall to the floor (and if shes wearing socks, for goodness sake, take those off too). Take a moment to look at her with appreciation, after all, you are going to be penetrating that body at some point in the evening, so you should appreciate it. Tell her that you cant believe that you have such a sexy woman in front of you. Now open your legs and seat her in front of you with her back facing you. Unclip and remove her bra, and cup her breasts in your hands. Feel them, appreciate their texture, and squeeze them ever so slightly just to get her juices flowing. Leave her underwear on whilst playing with her body, trust me, the anticipation alone will drive her crazy. FastFace her standing up and remove her clothing as though you arent able to contain yourself and need to see her naked body (but not so fast that you knock her down or do any bodily damage). Bite on her shoulder and kiss her mouth deep and slow. Then look her straight in the eyes and tell her to undress you slowly.

Thursday, November 28, 2019

Suncoast Gold Macadamias (Aust) Limited Market entry

Executive Summary Suncoast Gold Macadamias Limited is the leading macadamia product processing company in Australia. In an effort to maximise profit, the firm has incorporated the concept of product diversification. As a result, it has managed to develop a strong product portfolio.Advertising We will write a custom essay sample on Suncoast Gold Macadamias (Aust) Limited: Market entry specifically for you for only $16.05 $11/page Learn More On average, the company’s annual turnover amounts to AUD $ 30 million. Over the years, the firm has nurtured a strong base with regard to tangible and intangible resources. Suncoast Gold Macadamia Limited has also developed numerous unique capabilities and core competencies that have contributed to considerable improvement in the firm’s competitive advantage. In a bid to deal with the problem of climate change, it is critical for the firm to formulate programs that would minimise its weakness with regard to decline in nut production. As its target investment destination, Saudi Arabia presents numerous opportunities for the firm to exploit as illustrated by the country’s characteristics such as the wage rate, population size, economic growth, exchange rate, the political environment, and government policy on trade. The firm will be required to develop effective competitive strategies to deal with the prevailing competition in the market to penetrate the market successfully. Some of the modes of entry that the firm can consider include sole-ownership, joint ventures, and exporting. Of the three options, exporting is the most appropriate entry point into the Saudi Arabian market. In a bid to be successful in its market entry, the firm should conduct comprehensive market research to understand the market dynamics of Saudi Arabia. Upon entering the market successfully, the firm should consider adopting foreign direct investment. Introduction Suncoast Gold Macadamias (Aust) Limited is a public company that operates within the Australian macadamia industry. The company was founded in 1985 and it operates as a cooperative.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Its core line of business entails production, processing, and supplying of high quality macadamias. Since its inception, the firm has been very successful due to incorporation of effective business and corporate level strategies (Suncoast Gold Macadamias 2010). In an effort to attain its profit maximisation objective, the firm has adopted market expansion as one of its business level strategies. Suncoast Gold Macadamias Limited has successfully managed to establish itself in both the local and international market. Currently, the firm ranks as the global leader in the macadamia industry. Despite its presence in the international market, there are some economies where the firm has not penetrated. One of these countries is Saudi Arabia, which is currently an emerging economy according to business scholars. The purpose of this assignment is to analyse the market entry modes that Suncoast Gold Macadamias (Aust) Limited can incorporate in its international market entry strategy. Ownership Over the past 28 years, Suncoast Gold Macadamias (Aust) Limited has undergone significant growth from being a small business establishment to becoming an international leader in the macadamia industry. Currently, the firm has a substantial annual turnover of approximately AUD $ 30 million. More than AUD $ 21 million of the firm’s total sales are generated from exports, while the domestic market only accounts for AUD $ 9 million (Suncoast Gold Macadamias 2010). Tangible resources Since its inception, the firm’s management has been committed towards establishing a strong competitive advantage. One source of the firm’s competitiveness is effective nut processing technology. The firm has implemented modern nut processing facilities.Advertising We will write a custom essay sample on Suncoast Gold Macadamias (Aust) Limited: Market entry specifically for you for only $16.05 $11/page Learn More Suncoast Gold Macadamias (Aust) Limited has been conducting major plant upgrade by integrating state-of-the-art technology. In 2012, the firm purchased two machines of the most modern sorting technologies in the industry, which significantly enhanced the firm’s competitiveness. For example, its output increased with 50 per cent (Pilcher 2012). In a bid to improve its competitiveness with regard to plant technology, the firm has also purchased a multi-scan machine. The machine has made separation of bad and good nuts more easily in addition to separating nuts based on their weight and colour before cracking. The firm has also established a supplier network of 135 suppliers to ensure that its products are easily accessed in its domestic mark et. Intangible resources In addition to tangible resources, Suncoast Gold Macadamias (Aust) Limited has accumulated various intangible resources. The management team appreciates that the firm’s success is greatly dependent on the effectiveness and efficiency of its human capital. Employee development is one of the elements that the firm has taken into account and to achieve this, the firm has formulated a staff training and education program. The program aims at imparting new knowledge to employees. In addition, the firm is committed to nurturing a strong relationship with its customers, suppliers, and employees (Suncoast Gold Macadamias 2010). In its domestic and international market, the firm has nurtured a strong positive reputation due to its operational efficiency, provision of high quality services, and development of an all-inclusive client service, which has contributed towards development in the level of customer loyalty.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Capabilities The firm has developed numerous macadamia brands to appeal the diverse customer product needs. The firm has integrated the concept of value addition. The firm supplies different variety of macadamia products such as macadamia oil, chocolate coated, macadamia shortbread, and macadamia nuts. The firm has also developed sufficient capability with regard to packaging. Additionally, the firm ensures that its brands are packaged according to customer specifications. The firm has also developed the capability with regard to supplying fresh and high quality macadamia (Suncoast Gold Macadamias 2010). Core competencies The firm’s success in an industry that is characterised y intense competition has arisen from development of effective core competences. One of the firm’s core competences relates to the provision of high quality macadamias. The firm ranks as the first macadamia company to attain internationally recognised quality within the industry. The firm is also effective in quality management, which it has attained through assimilation of effective quality management systems. Suncoast Gold Macadamias core competencies also emanate from the high rate of innovation that it undertakes. Its innovative ability has played a critical role in enhancing the firm’s competitive advantage. The firm utilises macadamia waste products by generating energy and thus it has managed to minimise the cost energy necessary for its operation. Weaknesses The major source of the firm’s weakness is the high degree of susceptibility to nature. The firm has experienced a poor season due to bad weather over the past few years (The Australian Business Journal 2011). Bad weather adversely affects the firm’s profitability due to decline in the volume of production. However, with numerous environmental conservation measures being undertaken by the government and other environmental stakeholder, the firm expects that climatic conditions will improve c onsiderably. Location advantage Saudi Arabia’s economy is mainly oil-based. The country has the largest proven oil reserves globally. Its rich oil reserves have played an important role in the country’s economic growth and development. In 2011, the country’s Gross Domestic Product (GDP) was estimated to be $676.7 billion, which is an increment from its $635.6 billion in 2010 (Index Mundi 2012). By the end of 2011, it was estimated that the country would undergo a real GDP growth rate of more than 6.5 per cent. The country’s total population is estimated to be 28 million. Additionally, the country has a relatively low rate of unemployment. By the end of 2011, unemployment rate stood at 10.9 per cent (Index Mundi 2012). The country’s snapshot shows that there is a high probability of Suncoast Gold Macadamias succeeding in its profit maximisation by entering in Saudi Arabia. The high rate of economic growth coupled with the relatively low rate of unem ployment means that the country will experience an increment in per capita income. Ultimately, there will be an increment in consumer’s purchasing power. The country’s high population means that the firm can increase its customer base by identifying relevant target customer group. The attractiveness of the country is also enhanced by Saudi Arabia’s recent ascent to the World Trade Organisation. Its ascent will present an opportunity for Suncoast Gold Macadamias to increase its customer base. Customers Saudi Arabians are becoming more concerned with consumption of healthy food products. This transformation has arisen from an increment in cases of diabetes and obesity problems amongst the old and young. A report by Saudi Arabia’s Ministry of Health showed that the rate of diabetes in the country is approximately 30 per cent. Some of the factors that have been attributed to cause diabetes include increased introduction of western diets to the country, adopti on of sedentary lifestyles, and growth in the number of supermarkets. Growth in the level of awareness regarding the health risk of such food products will contribute towards change in consumer purchasing behaviour. Therefore, the shift in consumer purchasing habits presents a high opportunity for Suncoast Gold Macadamias attracting more customers. Saudi Arabia is also characterised by a large number of middle and high-income customers and educated customers. This customer category is the largest consumer of diet products such as the macadamia products produced by Suncoast Gold Macadamias. These customers are more concerned with the nutritional value and quality of the food products in their purchasing patterns (Al Swailem Consulting Group n.d). Politics In 2011, the country experienced an increment in calls for speedy reforms with regard to governance mainly from intellectuals. However, the country has not experienced major incidences of political instability in the recent past com pared to other Arab countries, which experienced the effects of Arab Spring in 2011. The political stability being experienced in Saudi Arabia presents a good opportunity for Suncoast Gold Macadamia to enter the market. According to Klug (2006), a country’s attractiveness is increased by the prevailing peace and tranquillity due to political stability. Government policy (taxes and tariffs) The Saudi Arabian government is greatly concerned with enhancing the country’s economic growth. Promoting foreign investment is one of the strategies that the government has adopted. A number of measures such as the abolition of taxes and trade restrictions have been implemented in an effort to foster foreign investment. The government has designed the country’s economy based on free enterprise and thus no limitations on imports and exports of goods and services. This aspect means that Saudi Arabia has a favourable business environment for foreign firms (Al Swailem Consulting Group n.d.). Wage rate For a considerable duration, the Saudi Arabian government had not imposed any minimum wage for employees. However, in an effort to deal with unemployment, the government recently instituted SAR 3,000 as the minimum wage (Al Swailem Consulting Group n.d). Exchange rate The Saudi Arabian Riyal is relatively stable to most major currencies such as the Australian dollar. The current exchange rate of the Riyal to the Australian dollar is AUD $ 1 to 3.7 Saudi Riyal. This rate of exchange will make it possible for the firm to venture into the Saudi Arabian market more cost effectively for the firm will require a few AUD dollars to enter the market. Competitor analysis In its operations, Suncoast Gold Macadamias will face intense competition from other confectionary companies operating in Saudi Arabia. Some of these companies include: Al Nukaly International Trading Company: -This firm has been in operation in Saudi Arabia for a number of decades, since its inception in 1932. In its operation, the firm has developed a strong workforce of approximately 100 employees. Bahadi Company: – Since its inception, this firm has established itself effectively in the international market. Currently, the firm has established an effective operational base in Saudi Arabia, the Middle East, and Africa. Anwar Al-Mustafa: – The firm was established in 2000 and has over the past decade managed to penetrate the nuts industry in Saudi Arabia. It has also managed to develop a substantial financial base with its turnover estimated to be US $ 0.5 million. Competitor threats The above-mentioned competitors pose a number of threats to Suncoast Gold Macadamias. One source of threat arises from the fact that these firms have incorporated the concept of product diversification in their operations. Some of the products that these firms deal with include nuts, dried fruits, coffee, spices, chocolate, nuts, bakery, candy, and crackers. Consequently, the firms hav e managed to offer consumers a wide range of products. Ultimately, competitors have managed to develop a substantial level of customer loyalty. Therefore, Suncoast Gold Macadamias will experience a significant challenge in developing a substantial market base. Suncoast Gold Macadamias opportunities Despite the intense competition in Saudi Arabia, Suncoast Gold Macadamias has a considerable competitive edge that will contribute to its success. One source of the firm’s competitiveness relates to its ability to produce high quality macadamia products. The firm has incorporated the concept of quality assurance in an effort to ensure a high level of food security. Considering the increase in the degree of health consciousness amongst the consumers, there is a high probability of Suncoast Gold Macadamia attracting customers. This arises from the fact that its products have high nutritional values. For example, macadamia oil is not in any way associated with the rise in cases of obe sity. Additionally, the high population in Saudi Arabia also presents an opportunity for Suncoast Gold Macadamias to increase its sales revenue by employing aggressive marketing. Modes of market entry Firms seeking to venture the international market should consider making effective strategic decisions on the mode of market entry to adopt (Agarwal Ramaswami 1992). Some of the entry modes that a firm can choose include joint ventures, licensing, wholly-owned enterprises, and exporting. A substantial amount of resources is required for a firm to venture the foreign marketing by employing any of these market entry modes. Changing the selected mode of entry is costly after its commencement because it would lead to loss of money and time (Agarwal Ramaswami 1992). Consequently, it is important for firms intending to venture the international market to select the most effective market entry mode. Sole ownership This market entry mode entails the establishment of a wholly-owned business e nterprise and two main strategies exist for a firm to incorporate in order to own a firm wholly. The first method entails undertaking acquisition of a firm within the respective industry in the host country. Secondly, a firm might decide to undertake foreign direct investment, which entails establishing a business entity from scratch (Chon Yu 2008). Sole ownership comes with a number of advantages. First, the firm acquires total control of the business venture. Undertaking an acquisition will also be beneficial to the firm with regard to infrastructure. The acquired firm may have well developed distribution networks, an effective workforce, and efficient technologies. Therefore, the firm can gain higher economic rewards (Chon Yu 2008). However, the major disadvantage is that undertaking either acquisition or building own business establishment will require the firm to have a substantial investment. Additionally, the firm may incur substantial loss in the event of the host country experiencing incidents of political instability (Chon Yu 2008). Joint ventures This business venture is a form of partnership between a foreign company and a local company. Joint ventures are established with the objective of creating a business entity that is owned jointly by the two partners. However, for a joint venture to be established, the two companies must have mutual interests (Fisher, Hughes, Griffin, Pustay 2006). Joint venture is an effective market entry mode especially if the foreign company is not conversant with the degree of stability within the foreign business environment. Therefore, using joint venture as a mode of entry minimises the probability of failing by avoiding risk. However, the downside of joint venture is associated with business control. Joint ventures vary from one country to another especially with regard to structure. The foreign company may be required to hold the minority (49 per cent) of ownership while the domestic company holds the majority ownership (51 per cent). This element is a limitation to the foreign company for it might not be possible to make high profits compared to if it held the majority ownership (Chon Yu 2008). Considering the fact that Suncoast Gold Macadamias intends to maximise its profitability, adoption of joint venture is not an effective strategic decision because its profitability potential will decrease substantially. Additionally, there is also a likelihood of the firm having trouble with regard to coordination. According to Agarwal and Ramaswami (1992), lack of coordination between joint venture partners emanates from divergence in their source of motivation. Consequently, it is important for parties of a joint venture to evaluate the degree of fit between their business enterprises before commencing on joint venture negotiations. Exporting (Best recommended method of market entry for Suncoast Gold Macadamias) This mode of entry entails producing goods or services in one country and marketing them in another. According to Andexter (2008), exporting is one of the most effective ways that firms can adopt in their internationalisation strategy. A firm may adopt different modes of exporting. Firstly, a firm may decide to undertake indirect exporting. This strategy entails selling a firm’s product in the foreign market without undertaking special marketing activities, which means that the firm does not engage in international marketing (Ireland, Hoskisson, Hitt 2008). Secondly, a firm might decide to undertake cooperative exporting. This strategy entails entering into a contract with other firms in the industry with regard to certain export activities for example promotion, distribution, and market research. The firm may enter in a contractual agreement with Export Trading Companies (ETCs) or the Export Management Companies (EMCs) within the foreign market (Andexter 2008). This exporting strategy provides the firm with an opportunity to gain a relatively higher contr ol of its international sales despite the lack of sufficient capital to establish its own export sales firm (Tielmann 2009). Alternatively, the firm may decide to undertake direct exporting by establishing its export network within the host country. In a bid to ensure success, it is paramount for the firm to focus more on establishing an exporting network that will enhance its long-term survival in the host country. In an effort to venture into the Saudi Arabian macadamia industry, Suncoast Gold Macadamias should consider adopting exporting as its mode of market entry. Through exporting, Suncoast Gold Macadamias will access customers relatively easy. Exporting will also provide an opportunity for the firm to maintain total control of its operations within the foreign market. Suncoast Gold Macadamias Limited will also benefit the firm by gaining sufficient knowledge and experience regarding the foreign market. Therefore, it will be possible for the firm to implement effective expansi on strategy in the future. Despite its advantages, exporting has a number of disadvantages. Exporting to some countries may result in high cost for the exporting firm. This cost may emanate from prevailing export barriers such as quotas and tariffs. Fortunately, by venturing into Saudi Arabia through exporting, Suncoast Gold Macadamias will not incur such trade barriers because Saudi Arabia has eliminated all trade barriers (taxes) with regard to exports. Recommendations Suncoast Gold Macadamias should consider a number of issues to ensure success in venturing the Saudi Arabian market as outlined below. The firm should undertake a comprehensive market research. The market research should focus on both the consumer and the competitor. Consumer market research will play an important role in understanding the consumers’ product demands. Consequently, the firm will develop and introduce macadamia products that are in line with the prevailing market demands. On the other hand, com petitor market research will enhance the firm’s effectiveness in formulating its competitive strategies. For Suncoast Gold Macadamias to be successful in its initial market entry to Saudi Arabia through exporting, its management team should ensure that it contracts well-established Export Management Companies. This element will play an important role in its effort to gain market ground. Upon gaining successful market entry in Saudi Arabia through exporting, it is paramount for the firm to consider reviewing its mode of operation in the host country. Suncoast Gold Macadamias should consider undertaking foreign direct investment based on the market knowledge gained to increase its economic benefits. This aspect will significantly result in the firm operating more cost effectively. Reference List Agarwal, S. Ramaswami, S. 1992, ‘Choice of foreign market entry mode: Impact of ownership, location, and internalisation factors’, Journal of International Business Studie s, vol. 1, pp. 1-27. Al Swailem Consulting Group: Doing business in the Kingdom. Web. Andexter, T., 2008. Analysis and evaluation of market entry modes into the Asia-Pacific region, Grin, London. Chon, K. Yu, L. 2008. The international hospitality business: Management and operations, Routledge, New York. Fisher, G., Hughes, R., Griffin, R. Pustay, M., 2006. International business: managing in the Asia Pacific, Pearson Education Australia, New South Wales. Index Mundi: Saudi Arabia economy profile ,  2012. Web. Ireland, R., Hoskisson, R. Hitt, M., 2008. Understanding business strategy: concepts and cases, South-Western Cengage Learning, Mason. Klug, M., 2006. Market entry strategies in Eastern Europe in the context of the European Union: An empirical research into German firms entering the Polish market, Univ-Verl, Wiesbaden. Pilcher, R., 2012. Going for gold in a nutshell. Web. Suncoast Gold Macadamias: Australian packaging covenant action plan 2010. Web. The Australian Busines s Journal 2011, ‘Suncoast Gold Macadamias’, via George Media Network Database. Tielmann, V., 2009. Market entry strategies: International marketing management, Grin, London. This essay on Suncoast Gold Macadamias (Aust) Limited: Market entry was written and submitted by user Kason Holland to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Sunday, November 24, 2019

Personal statement Essay

Personal statement Essay Personal statement Essay Having grown up in Bournemouth, one of the constant elements were the beaches and Applebury head. Although I had no idea what Geology was back then, I was extremely curious why everything was the way it was. I remember asking my father if the beaches were always there and why the sea does not just swallow us up one day and he would try to explain what was going on. Looking back, it does not seem like much, yet, I am inclined to consider it the moment when my passion sparked. Now, having travelled to Spain and extensively through Australia, I feel that my curiosity has developed into something much bigger than a mere curiosity. Having seen the limestone rock of Gibraltar, the sandstone Uluru Mountain and the world’s largest coral reef, I feel that I have groomed a deep interest in the forces that shaped our planet and its landscapes. In all honesty, I was always interested in all sciences, not only Geology. When I was in school I hardly ever had any problems with math or scienc e, always getting good grades. I remember that my teachers were really pleased with my efforts and that, in my view, spurred me on to do as best as I could every time. What is more, I was one day reading about the scientific method that research use when they carry out their work. I can remember quite vividly how enthusiastic I was about it and, ever since, I have tried to employ to the best of my abilities when trying to gain insight into something I knew little to nothing about. For these reasons, my belief is that I posses quite an analytical mind that is stimulated by progress and novelty so that I feel that will not have problems dealing a great volume of new information coming my way. Now, in regards to the reason why I want to study Geology, the simplest thing I can say is that it was an intuitive decision. If I were to expand, I would say that I am generally interested in our planet. All the knowledge I have gained so far about it and the forces that govern it seems to be at most superficial and still, I would love to know more. Furthermore, the fact that our planet is constantly changing is another factor that fuels my interest. From Pangeea to the Ice Ages and to today’s Earth, things have changed dramatically and the process is highly unlikely to stop there. Thus, Geology can be considered an exciting and constantly developing field, meaning that I cannot see myself growing bored of it. In addition to this, I feel like it is a very hands-on field of work and, as a bonus, the graduate prospects are much better than that of other courses. Considering all this, my passion for Geology and my analytic way of thinking, I am inclined to believe that this course and field of work would fit me perfectly. Being a mature student, I have had the chance to travel and develop certain skills, or abilities in my time away from formal education. From the moment I left school to this day, I have had the chance to work in quite a few different areas. Firstly, I worked with my father, helping him with his window restoration business for around 2 and one half years. That was my first contact with the real life and it was, needless to say, a forming experience. During that time I got a better sense of what responsibility and hard work really mean. Afterwards, I managed to get a job in a warehouse where I was meant to be packing pies into their package. Even if I considered that my father was hard on me, I did not know the half of it. It was during that time that I learned the value of teamwork and the pressure of deadlines. In order to meet our deadlines, each and every one of us had to be consistent and do their job properly. Thus, sometimes I would work overtime in order to meet them, even if the environment was

Thursday, November 21, 2019

Analyse the Telecom Industry and Analyse also the company 3 mobile Essay

Analyse the Telecom Industry and Analyse also the company 3 mobile - Essay Example Depending on the supply chain and logistics of operation within the telecommunication industry, the analysis gives possible factors that have led to the flourishing of the industry in one way or another. The macro-economic factors are essential and each company ought to consider them in its strategies (Mithas, Tafti & Mitchell 2013, p 511). Beginning with the Political factors, it is worth noting that the telecommunication industry faces a number of government interventions, depending on the telecommunication laws of each country. Some of the areas where government policies play a primary role include the media, mobile telephony, and internet services. A country’s political system can determine the macro-environment under which the telecommunication companies will operate (Peng & Nunes 2007, p 230). Any fluctuation in the Economic factors can significantly affect the industry. For instance, change in interest rates, economic growth of countries, and inflation can either spell doom for some telecommunication companies or even signify abnormal profits. It all depends on a company’s strategy within the telecommunication industry, considering that economic factors are unpredictable are bound to change according to other factors beyond control by any company or country. In this regard, global recessions may lead to increase in the prices of telecommunication products by some companies. Other companies will attempt to gain competitive edge by limiting their distribution of the latest mobile devices to some countries only, just as Apple Inc. has done (Peng & Nunes 2007, p 231). Social factors are fundamental macro-environmental factors within the telecommunication industry, considering the diverse attitudes and preferences within the industry. Safety while operating or working with telecommunication equipment and network is