International Business Essay Example | Topics and Well Written Essays - 3750 words

International Business - Essay Example The company ranks 46th among the 500 companies listed in the fortune 500 list of global companies in terms of the highest market capitalization (Financial times, â€Å"FT Global 500 2013†). Its operations are spread over 99 cities across 39 major countries all around the world. This suggests the company’s significant global presence. With the onset of globalization, expanding operations in a foreign country has become a primary strategy followed by companies in order to explore foreign country markets and consequently gain competitive advantage. GSK is no exception as they follow the same strategy in order to lay a solid foundation for the company to make business via expanding into foreign markets. Formulation or rather implementation of such strategies, alongside accruing benefits for the company, sometimes raises concerns for the company as well. One such problem that will be described in this particular essay is the ethical issue that has proven to be a cause of con cern for GlaxoSmithKline while operating in the foreign market. Recently the company has been associated with certain ethical lapses while it was operating in China. The company was accused of carrying out unethical practices in order to beat the competition in the market and maximize value for the company. The following sections will involve a thorough analysis of the scenario that prevails in the host country and the ethical issues were faced by the company while it was carrying out its international operations. Following that, three alternative strategies to eliminate such practices will be explained and based upon that a recommendation will be suggested regarding the best strategy to be adopted by the company. Business environment in China China, being an emerging economy, offers a lot of market opportunities for investment to foreign companies. The country offers access to a large market thereby providing considerable savings in labor costs. This highlights the country’s huge potential for economic growth. However, having said that, precautionary measures must be taken as a huge difference in the political and cultural environment prevails in China that might prove to be risky thereby posing uncertainties for foreign investors (Fogel, â€Å"Business environment in china: Economic, political, and cultural factors†). Economic environment China has been known to be the most favorable destination for foreign direct investment in the recent past. The country has shown a very stable economic growth which has lured top companies from all over world into investing in China. 450 out of the Worlds fortune 500 companies invest in China. Foreign direct investment accounts for 4.1% of national tax revenue, 58% of foreign trade and 27% of the value assed production. China has a huge deposit of foreign exchange reserve which helps it conduct trade related to import and export smoothly. The country joined the World trade organization in 2001 which resulted in a rapid growth in the country’s imports and exports thereby witnessing foreign direct investment of $60 billion annually in 2006. The foreign exchange reserve of China exceeded $1 trillion for the first time in the year 2006 and thereafter in 2008 the foreign exchange reserve of China totaled to $1.9 trillion (China Foreign Exchange Reserves, â€Å"US State Administration†). China is mainly engaged in the industrial exports of manufactured goods, garments, electronics and textiles. As far as China’s infrastructure is concerned, it has suffered from

Working under the influence Coursework Example | Topics and Well Written Essays - 500 words

Working under the influence - Coursework Example Schulte et al. (2014) further intimate that after notification to the counselor, the next step would be gathering the known concerns raised by the employees and the patient with respect to the conduct of Clark while on duty. These documentations would assist in mapping out potential issues for discussing with Clark against the expected conduct of employees as expressly stipulated in the employee guide and regulations. Here there will be documentation of specific mistakes in the performance of Clark while at work that raise concerns. I will seek the counselor’s help in proofing the documentation that concerns the conduct of Clark at work. Having the counselor go through the documentation would help equip the supervisor with material facts and complaints sequence against Clark. This arrangement would allow for flexibility in dealing with the misconduct in the case any of us approaches Clark for mentioning the mistakes and accusations leveled against her. In the case of Clark, intervention may also be another source of creating flexibility into the issue. In this case, there could be a session scheduled with Clark with the very important people in her life would be present such as fellow colleagues, the clergy, close friends and her spouse. This session has to go on through the guidance of a well-trained professional, in this case, a counselor. In this session, these important people in Clark’s life would directly inform Clark how her working under the influence affects them and what how it affects their co-existence. This method could best help Clark to avoid going into denial of her unacceptable and antisocial demeanor while at work. If this method leads to acceptance of the malpractice, it can be a very effective tool for having Clark acknowledges that she has a problem, which she needs to drop, and this may enable her to seek help. It is

To compare Pedagogy of the oppressed by Paulo Freire with the movie Essay

To compare Pedagogy of the oppressed by Paulo Freire with the movie The Slave Narratives - Essay Example On the other side of the coin, the ones who are oppressed are in search and yearn for their freedom and liberty and this deep seated struggle is a constant quest to regain their lost humanity. Liberation seems to be the light at the end of the tunnel, but how many of the oppressed gain their liberty? This oppressed group is looked down upon as the downtrodden lot who suffers and endures violence and exploitation meted out to them. When this vicious circle becomes too hard to bear, the oppressed who are not in a position to put up a fight become oppressors in return. Such incidents are brought out clearly in the movie ‘The Slave Narratives.’ This essay is going to analyze what takes place in ‘The Slave Narratives’ against the backdrop of Paulo Freire’s ‘Pedagogy of the Oppressed’ that portrays an incessant struggle by the oppressed to gain their freedom and humanity. According to Paulo, ‘The pedagogy of the oppressed is an instrument for their critical discovery that both they and their oppressors are manifestations of dehumanization.† (Paulo Freire,) The heartrending movie titled â€Å"Unchained Memories† was scripted from readings taken from the ‘Slave Narratives† which is an exclusive collection of documents based on the true stories and incidents of those people who lived beneath the yoke of slavery in ancient times. These true life narratives were transcribed by the ‘Federal Writer’s Project’ (WPA’s) writers and were made use of to film a very touching story filled with tragic life experiences of the oppressed slaves under their cruel white masters. ‘Unchained Memories’ belongs to the genre of social history based on race and ethnicity. The movie which is 74 minutes in length was shot in the United States. ‘The Slave Narratives’ which were housed safely in the Library of Congress, was made use of by directors Ed Bell

BusinessMGT Unit5 discussion Assignment Example | Topics and Well Written Essays - 500 words

BusinessMGT Unit5 discussion - Assignment Example (â€Å"Competitive Advantage†, 2010) Smart Chips Company’s market share has been hurt by the clone microchips. Though the company specializes in developing first-of-its kind microchips, but the makers of clone microchips release microchips that are similar to the original but are sold at comparatively lower prices. To recuperate their market share, Smart Chips Company needs to redesign its product in a way that it has a competitive advantage over the cloning microchips. To bring about these drastic changes, the firm will have to determine how to incorporate the value chain activities to create value and competitive advantage. Smart Chips Company’s profit and market share depend on its efficiency of performing these activities, together with value chain support activities. The value chain support activities include: administrative infrastructure management, human resource management, technology (R&D) and  procurement. In order to develop competitive advantage, Smart Microchip Company must have resources that are superior and which cannot be replicated by the competitors. A cost analysis should be performed to assess the areas where the cost can be reduced. Company must create cost advantage either by reducing costs at each level of the value chain or by reconfiguring the entire value chain. Better marketing can also help in increasing the number of sales of the firm. Promotion and service plays an influential part in the marketing of a business. With effective marketing, Smart Chips can also use product positioning, and quality checking as means of gaining competitive advantages over clone microchips. This may lead the company towards the road to sustainable success. SWOT analysis will also be helpful to Smart Chips. It is a tool used by companies to assess their strengths and weaknesses, and opportunities and threats in the market. It is a simple way of evaluating firm’s current

Case 3.3 Study Example | Topics and Well Written Essays - 250 words

3.3 - Case Study Example When taking history, it is important to record the accurate date of admission in the patient’s medical record. The admission date will help the nurse to calculate to calculate the patient length of stay at discharge or during the death of the patient. Calculating accurate length of stay for the patient will enable the accounting department to calculate the exact cost for patient stay in the hospital. Length of stay (LOS) is a period that covers the duration of a single episode of patient hospitalization. It is measured in days but not hours. It provides the hospital management with information on how quickly patients are being treated and discharged. This can give information on whether patients are being managed properly. To calculate LOS, the patient date of admission and discharge need to be tabulated. LOS is after that computed by subtracting the date of admission from the date of discharge or death. However, patients entering and leaving the hospital on the same day are given an LOS of one day. Proper keeping of records needs to be instituted in the hospital set up as it provides vital information on the patient’s progress. LOS of patient can help the hospital management to know how quickly the patients are being treated and discharged. This will further help to tell if patients are receiving a proper management for their

Death Penalty in the US Essay Example | Topics and Well Written Essays - 1500 words - 1

Death Penalty in the US - Essay Example er hand proponents believe that criminals who is a liability to the society or those who do not live based on the rules of the society needs to be punished and in extreme cases they must be executed if no other options succeeded in correcting the criminal. â€Å"Around 137 countries have abolished the death penalty in law or practice. Despite international human rights standards, some nations still execute people.† (Death Penalty) â€Å"In US, as of April 1, 2008, the Death Penalty was authorized by 37 states, the Federal Government, and the U.S. Military†. (The death penalty in the US) In fact United States is one of the toughest countries in the world as far as death penalty is concerned even though they speak out loudly against all kind of human right violations around the world. They never accept that the first and most important human right is live and let others live. This paper analyses the different aspects of death penalty system in United States. In 2004 four (China, Iran, Vietnam and the US) accounted for 97 percent of all global executions. On average, every 9-10 days a government in the United States executes a prisoner. Since the 1976 Supreme Court decision that re-instated the death penalty in the United States, the governments of the United States had executed 1,136, as of December 2008(Pros and Cons of the Death Penalty (Capital  Punishment)) The statistics clearly reveals that the US attitude towards human life is not so great compared to other countries. In fact it is a failure from the part of the governments that they were not able to control the crimes without capital punishment even in the twenty first century. For a civilized nation like United Sates the above statistics is not a satisfying one. The interesting thing is that even though capital punishment is implemented, the crime rates have not been come down and moreover it is on its upward journey. Most of the American people are actually against capital p unishment. But the governments

Disadvantages of herbal remedies Speech or Presentation

Disadvantages of herbal remedies - Speech or Presentation Example The government does not support any institutions as such that help prepare these herbal remedies so there is no quality control and the user may end up buying a low quality treatment. Also, herbal remedies do not work in serious illnesses and injuries. Herbs cannot replace surgeries, laboratory tests, and operations. Sometimes, herbal treatment negatively interacts with the formal medicines like anti-depressants and thus may hinder with their effect. Since, herbal remedies do not come with an instruction manual or package insert, so this becomes very likely that the user will overdose the remedy. Also, some herbs get poisonous when they are harvested in wild, or some part of the plant gets venomous, so when these are extracted into a remedy, the user will also catch that poison. In short, the use of herbal remedies depends mainly on the user himself because he should know what kind of herb he is using, what he is using it for, and for how long he has to use it.