Management Principles Essay Example | Topics and Well Written Essays - 500 words - 3

Management Principles - Essay Example Thirdly, on one hand, organisations are trying to take advantage of globalisation by setting up their businesses in multiple locations, and on the other hand, varying economic statuses and governmental regulations are creating disturbances in wealth distribution across different countries. These are further creating inflation, unemployment, competition and privatization (Schermerhorn, 2010). What are the forms and opportunities of international business? In order to sustain globalisation and competition, organisations have adopted a variety of business strategies. Based on these, businesses can be categorized into market entry strategies and direct investment strategies (Schermerhorn, 2010). Businesses based on market strategies include global sourcing, export and import businesses, and licensing and franchising businesses. Global sourcing firms base their strategies on purchasing patterns of their materials or services. Export-import businesses are conducted by selling to or acquiri ng products/services from other countries. Licensing involves provision of rights to make or sell the company’s products in other locations. Franchising involves provision of all requirements for conducting a specific business in other countries.

Major causes of the 2008 stock market crash Essay

Major causes of the 2008 stock market crash - Essay Example Even though in numbers this was not as bad as the 22.6 percent loss that had been experienced on Black Monday in 1987, the opinion of the analysts was that this was worse since the losses were felt for the whole week and they did not come from a one-off down day. This was not the end of the experiencing of losses as in the week that started on 6 October; the Dow Jones had no other choice but to close down 5/5 trading sessions and in the process losing a further 18 percent in the same week. Later on, on 24 October the stock exchange indexes all over the globe experienced a drop of ten percent in one day. The prices of oil affected commercial activities in the United States by making things expensive and a lot of this was as a result of the speculation by the analysts in the future markets, but the demands that were legitimate resulted in the boom times and consequently the prices of oil progressively increased. The countries that have emerging markets such as China, Brazil, India as well as Russia created very huge demands for many commodities. The key factor that led to the stock markets crashing in 2008 was the subprime mortgage crisis that was being experienced in the United States since the companies were lending to people with who had bad credit ratings that would result in the people not being able to pay the loans adequately (Farmer 154). The banks in the United States were exposed to these loans, which led to their subsequent collapse since they were lending the money that they themselves had in their own banks. This greatly affected the debt to equity ratio of these banks and many of them ended up needing the help of the government to remain afloat. When many of the shareholders realized that their banks were at risk, they did not want their money invested in the shares of those banks and decided to sell the shares that they had causing a snowball effect at the stock market and this was the

Business ethics Essay Example | Topics and Well Written Essays - 1000 words - 3

Business ethics - Essay Example This explains the principles of courtesy and respect. Despite the diversity that exists amongst many people concerning the acceptable ethical standards, it all boils down to societal expectations and provisions for good and bad (Shaw, 2011, p. 99). All ethical standards subscribe and should entangle with the society’s guidelines about what is right and wrong and the legal framework. The ethical standards at workplace should align with the societal moral principles such that when work ethics are breached, it directly go against the society’s moral guidelines. This essay aims at describing and analyzing, with reference to the ethical principles, a personal experience in which an issue with a moral gravity in business was resolved in order to bring out a comprehensive outlook into the decision. I witnessed a challenging situation in which an organization’s management decided to fire an employee on grounds that the employee had breached ethical of code of conduct. The employee in question, one Mr. Livingstone was a sales manager in an insurance firm. He had signed a contract to work for the firm in assisting it to restore market dominance that the firm had lost about 5 years ago due to the increased competition. The insurance industry in the last half decade had seen increased entry of organization that ended up stirring the competition. The firm Mr. Livingstone was working for had, in the process, greatly recorded low sales volume. Mr. Livingstone, a reputably popular sales manager with great success stories was hired to help transform the condition of the company. After 3 years of dedicated hard work, the organization’s performance in the highly competitive market greatly escalated to a point that they could hardly attend to all the clients or rather customers. The facilities and resources they had could not meet the demands of the customers because the number was extremely big. The organization was making great profits since they slightly raised

Pollution in utah and it's affect on wild life Essay

Pollution in utah and it's affect on wild life - Essay Example Wildlife of Utah does not have any other choice but to breathe in the bad quality air which leads to several health problems. The pollution in the air affects behaviour and reproduction ability in amphibians, birds and even in insects. Several pollutants are present in air in Utah such as sulphur dioxide and lead which can cause damage to the nervous system and the respiratory system of the wildlife in Utah. One of the major contributors to the air pollution is the oil and shale facilities. The development of energy in these facilities produces toxic substances which can cause problem to the deer and elk populations. Light pollution is another major problem that exists today in Utah. Light pollution refers to the increasing use of artificial lights which has grave implication o the ecology of individual insects and organisms. Light pollution causes alteration in the normal natural light cycles and affects both nocturnal and diurnal animals. Migrating birds are often surprised by tall buildings lit up heavily by lights. The birds lose their sense of direction and often smash into the buildings. This not only hampers the population ecology f the migratory species but also alters the migratory patterns and routes of these birds (Plumer, 2014). However, water pollution is perhaps one of the major threats to the wildlife of the region. Waters of large water bodies such as Great Salt Lake have been polluted with contaminants such as methyl mercury. Studies have shown that the fish of the Great Salt Lake contain methyl mercury in their bodies. The chemical bioaccumulates and is transferred between species through the food chain. Therefore, piscivorous animals such as birds, ducks and otters suffer from adverse effects from the toxicity which may cause behavioural, neurological changes and can even result in death (Utah, department of Environmental Quality, 2014). Surveys of the Great Salt Lake conducted in 1996-1997 reported presence of