Analysis of The Effects of Globalisation Research Paper

Analysis of The Effects of Globalisation - Research Paper Example According to (Giddens 2001), globalization is "the growing interdependence between different people, regions, and countries in the world as social and economic relationships come to stretch worldwide". The International Forum on Globalization defines it as, "the present worldwide drive toward a globalized economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments." (Rosenberg 2000) defines "The term 'globalization' after all, is at first sight merely a descriptive category, denoting either the geographical extension of social processes or possibly, as in Giddens' definition, 'the intensification of worldwide social relations'." According to the (World Bank Brief 2000) globalization gained pace in the 1980s and 1990s, with the advancements in information technology, transportation, and global communications. These include improved telecommunications, the Internet and faster world travel, to name a few. These technological improvements enabled people to transport goods, services, and knowledge, faster, farther and more reliably. Governments have also adopted more open policies that allow for closer international economic cooperation. All these factors contribute to globalization. Â  In governance and business, many of today's leaders have lost sight of their visions for their organizations because of globalization. Globalization has proceeded throughout history at a fast pace and with uneven intensity. Many organizations have experienced changes due to globalization. They have realized the acceleration once again late in this century, after almost 50 years of regression. More and more, national economies today integrated into single global markets through trade, finance, production, and a dense web of international treaties and institutions. My research will explore the relationship between the different elements that are associated with the new developments of globalization. Â  My study on this topic uses historical and descriptive analysis, which I considered more of a qualitative research approach to the study of globalization. In using this method, I found that it helps to trace the roots of the research problem and its effect on the present debate about globalization. At the same time, it helps to explore the relationship between the different elements that are associated with the contemporary developments of globalization.

C.S Lewis The Screwtape Letters Research Paper Example | Topics and Well Written Essays - 1250 words

C.S Lewis The Screwtape Letters - Research Paper Example The character of Screwtape in the book is one from the lower rungs of the bureaucracy of Hell, as he acts as a sort of mentor and tries to guide Wormwood towards adopting the path of temptation and sin which would eventually lead him to Hell. The book is made up of thrity one letters in which Screwtape delivers his expert advice to Wormwood, on how to engage in the most sinful of conducts, while trampling on his personal Christian faith and beliefs about humanity. (Green, Jordan) The book also takes place within the confines of a parallel universe in which both Wormwood and Screwtape survive because of the devil’s existence; in their world, doing wrong is seen is doing right – emotions like jealousy and greed are given importance over any kind of good anyone would do, and both the inner demons of Wormwood and Screwtapes’ minds do not conform to any kind of good done for the benefit of humanity. They are not even able to comprehend what doing such good pertains or consists of. According to C S Lewis, â€Å"There are two equal and opposite errors into which our race can fall about the devils. One is to disbelieve their existence. The other is to believe, and to feel an excessive and unhealthy interest in them.† (Lewis, C.S) Thus with the help of the Screwtape Letters, he is able to grasp the attention and minds of almost all kinds of believers of human faith and religion out there. With the help of this quote, Lewis tries to explain how man should not shut his mind to the kind of wrong that is being done in the world, or the kind of devils that exist in the form of sin, that eventually puts a person into trouble. However, at the same time, a man should also not believe in the existence of these devils to the extent of formulating a lifelong bond or relationship with them, in a manner that would eventually lead to the degradation of the person. This powerful satire written by the author is a take on the devils that persist in society, and how

Organizational Behavior Final Project Research Paper

Organizational Behavior Final Project - Research Paper Example Organization culture deals with the code of work, belief and skills perspective in the organization and defines how things are done in the organization (Baker 2). In general, organizational culture is created to encourage the collective role by all the employees to meet set objectives and goals (Madu1). The leadership style used dictates the type of organizational culture in an organization. For a leader to develop a proper organizational culture, they first impose their, standards, expectations, beliefs and standards to the other employees to be applied in the organization. As leadership ideas become shared, and embedded in the organizations operations, the employees develop skills signals and work ethics as required. Proper culture can develop into deep into the organization, and if it is fully integrated, can lead to business success. This culture takes two levels of existence, and the first level deals with organizational behavior and artifacts. This relates to behavior that can be physically observed in the organization including the layout of organization environment, dressing code and the general behavior of people. The second level of organizational culture involves expressing the values of the organization that are not physically observable, but are appear in the general operations of the organization. For instance, the way the organizations related to the products and customers also is reflected by the organizational culture. Organizations can set their standards to become customer oriented in the operations, and through this, products and services are be tailored to meet the specific needs of customers (Madu 3). Organizational cultures can be evaluated on whether or not they are effective at a time when the organization is facing a crisis. If the culture is incapable of handling the crisis at that time, then the leadership needs to change their culture to handle it (Haworth 1). Furthermore, organizational culture plays a very important role in organi zations, and in many cases, it provides direction to the organization. This organizational culture provides employees with what is desired from them, and how they are to present themselves, or behave in the workplace environment. It also provides employees with a sense of communication in the organization, and in most cases it with a chain of command to be followed. It also provides a sense of order in the organization, and leadership together with the staff can be able to know how their roles and how they are to achieve this in organizations. Culture in an organization allows for strategic innovation of products and services, and shows, which methods organizations can follow; either product centered or market centered approaches. Organizational culture provides management with a means of managing the workforce in the organization, and helps set the roles and tasks for each member of the staff (Tharp 3). Organizational culture is very important in managing organizational change, whi ch may arise either internally or externally. This organizational change enables the management to gain competitive advantage from

A Good Fall by Ha Jin Essay Example | Topics and Well Written Essays - 1250 words

A Good Fall by Ha Jin - Essay Example The characters I this book seem to have lost all hope and to find accommodation in this new country becomes a struggle not with the American society but with the self. The characters manifest a sense of restriction and they seem to be in exile not only from chine their homeland filled with sweet memories and dreams, but from who they really are. This paper primarily offers a contrast between the lives of two characters in the book, the freedoms and imprisonment that they are encountered with. This story depicts the experience of a Chinese student immigrant who live in the United States and receives a call from his former much admired-professor who plans to visit the United States with a delegation of educators. The professor and student visit an American scholar and the professor is proud to have outshone the American scholar. Due to this happening, the Chinese professor decides to stay in America illegally and he is imprisoned they the thought that any human being should be allowed to live free as a bird, uncontrolled by any man-made orders. He starts earning a living as a bus boy and when he is tracked down the professor runs away and opts for a life devoid of the world. A simple visit to the United States by the professor had turned into a spy mission that resulted to the professor to defect and refuse to return home. He believes that any individual should be buried anywhere they die (Ha 58). This story brings forward the â€Å"wartime couple† this are two immigrants living together in the United States, though not a genuine couple, they help each other with not only their financial burdens, but also to ease each other’s loneliness. This so comfortable arrangement is disrupted by the arrival of their respective spouses, this incident not only leads to their separation, but also leads to a break up with their cultures as Panbin declares to never date another Chinese woman in his life. This shows a move away from the

R. Twining and Company Limited Assignment Example | Topics and Well Written Essays - 750 words

R. Twining and Company Limited - Assignment Example Strengths These are the attributes that distinguish the company from its competitors. Here, we examine the abilities of the company by investigating its internal environment, which includes the company’s employees, its products and its finances. We evaluate the company’s strengths pertaining its financial position, customer care techniques, cost minimization and employee skills. We need to develop ways of improving the company’s advantages over its competitors in order to maximize profits. To begin with, Twinings Tea’s position in the market should be enhanced to increase its market share when compared to the competitors. This can be done through the training of Twinings Tea marketing staff in better and more customer friendly approaches when dealing with consumers on a personal basis. This will serve to set Twinings Tea on a better position to the consumers’ perspectives; thus, strategically place Twinings Tea in the market. In addition, the research and dev elopment department needs to come up with better blends of tea, for instance, through grafting of two of the major blends into a more superior blend that will achieve higher market dominance compared to competitor products. The department can also look into cheaper techniques of producing tea in order to reduce on costs, thereby maximizing profits (David. 2003, p.57).   2003, p.57). Moreover, an introduction of new tea flavours to the market will see an increase in sale, thus a subsequent increase in company profits. The firm’s management should also come up with regular employee training programmes to increase employee awareness of the ever changing dynamics in tea production. Weaknesses These are other internal factors that demonstrate the company’s shortcomings in its operations and performance of maximum yields. In order to maximize its profits, Twinings Tea should look into ways of totally eliminating its weaknesses or improving on those that cannot be eliminate d. Here, we aim at discovering the various setbacks in the company’s operations, recurring operational and customer experiences failures and the various escalated operational costs. To deal with these weaknesses, the organization should get rid of all the obsolete equipment in all departments and replace them with the latest high technology equipment. We note that equipment that utilize the latest technology require minimal power to operate; therefore, will save on the company’s energy consumption and costs. In addition, the company should clear all its outstanding loans with all financial institutions as the costs of servicing these loans is an enormous burden on the company’s economic wellbeing. The management should create cheaper ways of acquiring additional capital such as floating the company’s shares on the stock exchange. The manufacturing department should reduce on the product development cycle and improve on the products’ image in order to attract more customers, therefore, increase profits (Porter. 1998, p. 43). Opportunities These refer to the external conditions that aid in the realization of the organization’s objectives. They are conditions that the company can turn to its advantage in the attainment of increased sales and profits in the long run (Kendon. 1999, p. 58). The onset of the winter season presents a bonus to Twinings

Entrepreneur Project Part II Research Paper Example | Topics and Well Written Essays - 1750 words

Entrepreneur Project Part II - Research Paper Example (Longley, 2004). This shows that a large percentage of US population will comprise of people above the age of 65. The idea of starting this project was to enter into a business that has not been fully ventured into by different organizations. Our research into the idea showed that not many organizations are providing all the services and home-like environment in adults care centres. That is why it is a great opportunity to enter into the business and take advantage of the financial benefits that it provides. The vision statement therefore refers to being the most sought-after organization in adult care, among the families of the old age people and the old age people themselves. By providing different services like physical and mental health care, personalized care, providing equipment for people with disabilities, teaching home-based care, and providing home like environment and networking with other elder people can make our organization reach high demand among the targeted population. The vision aims to be the best at what we are going to provide. The organization will not be any small sized adult day care centre. It aims to provide a variety of services to the old people so that they are comfortable, are taken care of, and feel like they are at home. President: The president of the organization is the top head of the organization. S/he belongs to the upper most tier of the organization. The president will deal with all the highly strategic decision making process. The president does not go into the details of the minute things happening in the business. S/he will just guide the department heads and CEO with the overall running of the business. Only extremely important and major decisions will be finalized under his/her leadership. For example a decision to open the business in a new country will need the consent of President. Therefore President will be the leader of the entire organization and its

Economic Development Record Essay Example for Free

Economic Development Record Essay Economies all around the globe develop over time depending on the policies that they undertake to utilise the resources within their boundaries. Nations that utilise their resources experience economic growth and there is great inflow and outflow of goods and services in those nations. Economic growth means that the nation is utilising its resources efficiently and this has resulted into increased productivity within the various sectors of the economy. Industries within the nation increase as a result of the improved economic performance that will result to the creation of more employment opportunities hence reducing unemployment levels in the nation (Daquila 2004). Due to the increase in the number of industries and output in the already existing industries, employment opportunities increase and this brings about a reduction in the number of citizens unemployed. Unemployment is very crucial in calculating a nations GDP which is an indicator to a nations performance. Economic growth depicts an increase in pa capita income. This is the income associated with every individual in the economy although they may not have it in their possession (Daquila 2004). Pa capita income is calculated by dividing the overall value of the economy proportionately divided between the nations overall economy. On the other hand, Daquila (2004) defines economic development as the improvement in the livelihood of individual citizens of a nation together with that of the systems that are in place in the nation. A nations system involves economic, political and social framework from which the economy operates in. All the above plus economic growth defines economic development. Economic performance is measured using various tools that include GNP and GDP. GDP estimates the economic performance giving consideration to internal and external trades (Daquila 2004). In establishing the GDP, consideration is given to consumption in the nation, expenditure by the Government, investments in the nation, trades in the nation that is imports and exports. Consumption comprises of perishable non-perishable goods and services within the nation. In determining the non-perishable goods they are assumed to be products that will last for a period of three years from the date of manufacturing. GNP refers to the difference between imported products and services and the exported products. The value of this difference added to the value of products services generated within the economy results to the GNP. To evaluate the economic performance of a nation, a number of indicators are used to measure exactly how the economy is progressing towards its economic objectives. A nation has to determine the level of consumption of its individual citizens (Todaro 1997). The level of consumption means the proportion an individual spends after receiving their income. The remaining part of the income is saved. The consumption level of a nation determines the amount of savings in the economy. Savings on the other hand, stimulates growth in the economy. When individuals increase their savings, the financial institutions hold more money thus the cost of accessing funds is low. Business entities in the nation are able to access funds at a low cost from the financial institutions. The borrowed funds are used for the expansion of business operations across the industries within the economy. The expansion of business activities results to an increase in national output and employment (Munk OHearn 1999). The increase in national output increases the exports of a nation in respect to its imports. The resulting balance of trade will be positive hence the nation has more in terms of foreign reserves that will assist them when it comes to purchasing produces from other countries. Therefore, savings are very vital for the improvement of the performance of an economy. T o induce savings in the economy, the opportunity cost of saving has to be high so that individuals can adopt a trend of saving since they are compensated bountifully for foregoing consumption. It can be concluded that increase in savings results to an increase in investments that contribute towards the growth of an economy. Increased activity within the economy results to an increase in production levels of the economy (Ros 2000). The nation is able to produce more products services, that are able to meet the needs of the nations population. Since the products are locally manufactured, they are quite affordable thus individuals are able to spend less and save more. This results to an increase in the real income that individuals have in their pockets and are ready to spend. It should be noted that increased production has to be met by equal consumption otherwise it could result to losses that will hurt the economy. Depending on the expansion of the economy, rates of unemployment adjust themselves in more or less the same rates. Increased production will require an increase in manpower that will be able to maintain the production levels. Nations with large populations face a major challenge in absorbing its citizens in the workforce. Individual citizens for a start need to have the relevant skills required to perform in different industries. Education in these economies has to be committed and directed towards instilling individuals with the necessary skills that will be useful in rendering service to the various sectors of the economy. A skilled population results to economic development since the individuals are prone to exercise their skill base towards living a better life thus contributing to the economys growth. Economic development depends also on the expenditure of the nations authority (Preston 1999). The government consists of various departments that oversee the implementation of policies that improve the state of the economy. These departments are given the financial power to implement and improve on the various economic aspects for example the development of basic infrastructure within the economy. In improving the infrastructure, the government releases money from its coffers to the public. This way, the supply of money increases to equal its demand. In most cases, when the Government spends on its development programs, money supply is more than the money demanded. If this situation is allowed to go unchecked it might result to inflation and later to stagflation; a situation where both the unemployment and inflation rates are so high. Therefore, Government involvement in an economy has to be considered carefully when undertaking development projects. Increased rates of production in an economy increases the output levels that may go over and beyond in meeting the local demand. Having satisfied the local demand, excess products can be exported to other nations. This facilitates international trade where nations exchange commodities they have in excess for commodities they do not have. Nations should avoid importing more and exporting less as this leads to a negative trade balance. This means that the nation spends more in foreign currency than it receives. Third world and developing nations should consider the above variables if they are to achieve spurred economic growth. They most important is to ensure that their population is skilled so that they can utilise their skills by establishing some income generating activity that will create employment opportunities and increase the total production of their economy. MALAYSIA. The present day Malaysia attained independence in the 1957 from the British administration and accorded the sovereign status in 1963 (Malaysia 2008). The Britons established themselves in early 1880s and later went on to control the state by establishing a self governing authority for the Malaysian people. The Federal States of Malaysia were incorporated in the 1895. The states were under the British control until when the Japanese invaded in 1942. Britain waged war over Japan and in 1945 the states where reinstated under the jurisdiction of the British. In 1948, guerilla movements begun protesting against the colonial authority that resulted to an emergency declaration. In 1965, the Federation state of Singapore disintegrated from the member nations opting for self governance. 1957 saw the attaining of independence of the Federation from the British authorities. In the late 1960s, the Malaysian government sought to balance the economy among its nationals so as to attain economic development by equal distribution of national wealth among its constituent communities (Malaysia 2007). Malaysia has got a rich culture that is evident from its diverse communities and language speaking citizens. Its population consists of Chinese speakers, Indians, English, among other languages (Malaysia 2007). The large population consists of Malaysian natives alongside Chinese, Indians and other local communities. Malaysia consists of individuals who practise different religious beliefs that include Hindu, Islam, Buddhist, Sikh among other religions. The richness of Malaysia presents it with a competitive workforce than any other nation in the world. The improved economic performance of Malaysia is as a result of a united people from different cultures and not allowing politics to ruin their nation. Malaysia has had to maintain a united nation and focussing on the togetherness of the nation by avoiding self interests. Malaysia is enriched with natural resources that include crude oil and that it has had to deal with the resource in a careful manner to avoid the negative repercussions that result from the unfair distribution of natural resource gains. Gross Domestic Product (GDP). The GDP reflects the total activity in the economy. This considers both the public and private sectors of the economy and their contribution towards the development of the economy. It also takes into consideration the behaviours of the citizens in regards to spending. Malaysias GDP has been increasing constantly from 1998-2008 at a rate of 6- 9 per cent. In 2007, the GDP stood at $357. 4 billion. Malaysias population is slightly higher than 26 million thus giving a pa capita income of $13,300 (UNDP 2008). The GDP in 1986 was at $28. 2 billion. The GDP increase signifies an increase in all major facets of the economy. Government spending has increased from 16. 4 in 1986 to 12. 0 in 2006. The Governments decision to reduce its spending avoids the negative impacts that result when money supply is more than the money demanded in the economy. Key sectors of the economy that have immensely contributed to the GDP are industrial sector that has been a leading contributor since 1986 to 2006 with a percentage of 49. 9 compared to 38. 5 in 1986. Manufacturing follows a close second with 29. 8% in 2006 from 19. 3% in 1986. The provision of services has also reduced from 41. 7% to 41. 3% in 2006. Lastly, agricultural sector has reduced its contribution to the GDP from 19. 8 per cent to 8. 7 per cent in 2006 (Malaysia 2007). The above data shows that the economy has shifted its dependency on agriculture as a contributor to the GDP. The economy has shifted its focus mainly from agriculture to industrialization where industries are the main contributors to the GDP. Industrial growth is a major boost to the Malaysian economy since it increases the nations production ability and is able to meet the demand of the nations internal demand. This has elevated Malaysia to an industrialized nation due to its potential ability to the production of services products. These increased production levels are able to meet local and international demand hence receiving foreign currencies that will result to a positive capital account. National Consumption and Savings. According to the World Bank report, the percentage of consumption by the citizens that was used in calculating the GDP decreased from 54. 2 in 1986 to 50. 3 in 2006. That of the government decreased from 16. 4 per cent to 12. 0 per cent . The mean growth per annum indicated the citizens consumption had decreased from 9. 1 to 7. 0 and Government spending reduced from 6. 5 to 5. 0. The figures show that both the Government and individuals in the nation have adopted a behaviour of saving or reducing their spending habits. By reducing spending, more is saved with the nations financial institutions as the individuals are compensated for foregoing consumption. Savings spur growth in the sense that investors will borrow funds and expand their business activities that will result to an increase production. The increase in production across the industry results to increase in the national output. An increase in national output will increase the nations participation in international trade thus achieving a favourable trade balance. Low government interference in the economy maintains a stable money supply within the economy. By maintaining stability in money supply in the economy, inflation is avoided since it negatively impacts the economy. Increased government expenditure increases the money supply in the economy. This increases the purchasing power of individuals in a way that they can be able to purchase goods and professional services in the country. This presents a situation whereby there is much money chasing few goods within the economy. To mop up this effect the regulating financial authority will need to increase its interest rates. This means that there will be an increase in cost of borrowing that will result to inaccessibility to funds by corporate organisations. Corporations will be unable to maintain their current levels of production thus the need to lay off its workers. This situation will be characterized by increase in unemployment rates, reducing national output and economic performance. The economy will not be performing at its optimum and will have wasted on its human resource. Therefore, Government involvement in large amounts destabilises a nations economic performance. Income and Output Growth Rates. The export of manufactured products have increased since 1986 from USD6. 009m to USD124. 530m in 2006 (World Bank). The above figures indicate that manufacturing has increased over time and that the economy has shifted its focus to increasing its industrial capacity. By increasing industrial capacity ensures that the nations industry is able to satisfy the ever growing demand of the nation. Economic development requires that a nation first satisfies its population fully before embarking on the satisfaction of outside markets. The nation is required to make sure that all key markets are satisfied and that the demand of a nation is met. These means that different industries will have the capability of serving different markets. Unless a nations population is satisfied, development of an economy is difficult. New industries are formed that provides the final consumer with a product similar to those of another company to enhance competition. Competition among industries ensures the production of quality products that will give the consumer a wide range of choice. Companies will strive to out do one another in both the primary and secondary markets. The increased income and output growth rates can be attributed to the rich natural resources that are found in the nation. The natural resources are raw materials that are processed into finished products that are exported to international countries. As of 2004, its partners included the US, Korea, Singapore, Germany, Japan, Hong Kong, Indonesia and China. Among the raw products include oil, copper, timber, natural gas and iron (Malaysia, 2007). Most industries in Malaysia are processing based located mainly on the western island. They process the raw materials that are extracted into finished products. It is due to this value addition that the nation is mainly industry based and most of the population is employed. The industries in Malaysia also deal in the production of textiles and electronic equipment. They development of industries in the large scale have contributed significantly to the development of the Malaysian economy. Employment and Unemployment Percentages. Malaysias population comprises of the elderly, the middle aged and the young. From the world bank report, children legible for enrolment into primary schools stood at 96 percent for both male female students in 2006. this indicates that the Malaysian government embraces education as a factor to economic development. A skilled population is economically beneficial since the individuals will strive to utilise their skill base towards achieving their own development that will later translate to economic development. One of the key issues addressed by the UNDP towards achieving the Millennium Development Goals (MDGs)is human capacity building which means that nation should ensure that they impart skills on their citizens by way of offering courses education to all its citizens and ensuring that it is affordable for all (UNDP). A nation that has an educated population is set to reap benefits from that same population because they will aim at exercising their knowledge in the various fields of expertise and also aim at developing products that will improve on the already existing ones therefore looking for new efficient ways of production. Malaysias literacy rate stands at 89 percent as of 2006 indicating that most of the population is skilled resulting to lower unemployment cases. Malaysia is among the developing nations and is striving to attain the MDGs that will direct them to achieving a developed world status. With about 5 per cent of land is available for farming, Malaysia cannot only depend on farming and that the population must acquire some knowledge in other activities. As of 2007, Malaysias unemployment rate stood at 3. 2 per cent and inflation rate stood at 2. 1 per cent. The Phillips Curve states that inflation and unemployment are inversely related whereby high inflation results to low unemployment rates and vice versa. This is because when there is high inflation in an economy, most of the population has got some amount of money therefore resulting to some form of engagement in income generating activities. Therefore Malaysia as an economy has really tried in dealing with unemployment levels by making sure that a large part of its population is skilled. The Malaysian Government has formulated a number of policies aimed at improving its economic performance for example the New Economic Policy of 1971 (Malaysia 2007). Government Budget Activity. Government involvement in an economy should be restricted for it can have diverse negative impacts on the economy. The government, however, has got to interfere with severally in the economy since it has to provide for social amenities such as water, education, infrastructure among others for they cannot be left to the control of the private sector. When providing for these amenities, the Government gets money from the state coffers and pays the contractors among other parties that will implement development policies in the nation resulting to increased money supply. By increasing money supply, prices of products rise since the demand for the products will also increase. This will lead to increased production of products and increase national output that will result to more employment opportunities. Therefore government interference is good in the short run as it will stimulate the economic activities. However, continued government interference will hurt the economy in the long run since more money is available in the nation thus raising the prices of the products in the economy. The soaring inflation will then destabilise the nations exchange rate that will depreciate. With the depreciating of the local currency, Ringgit, imports become expensive since industries and individuals will require more money to import products thus hindering the efficiency of engaging in international trade. From the world bank report 2006 on Malaysia, 99 per cent of the population has access to clean water supply. The government has therefore given preference to the basic resources that affects the Malay in their daily lives. The report also gives the figures for Government involvement as; current revenue has decreased from 26. 8 per cent in 1986 to 21. 6 per cent in 2006 while the overall budget balance has increased from a deficit of -0. 8 per cent in 1986 to 2. 8 per cent in 2006 (Malaysia 2007). This figures indicate that the government has restricted on its involvement in the economy so as to control the economic impact caused by excessive Government involvement.