International Business Alliance (based on the Business Strategy Game) Essay

Global Business Alliance (in light of the Business Strategy Game) - Essay Example This examination will start with the explanation that administration structure at both partners’ state will require specific adjustment that will factor in the union administration needs. Fortifying the administration teams’ consideration will require detailing of a joint effort advisory group in the underlying phases of the coalition, bearing the administration oversight command. The underlying phase of conveying the fitting union administration configuration will, accordingly, incorporate the arrangement of the partnership council for additional administrative structure dealings. An administrative plan structure will be arranged and concurred among the board of trustees delegates. To guarantee that the most elevated type of duty and participation is acquired from both accomplice firms, the most elevated level of the executives and organization will be welcomed ready. The executives plan at the two firms will decide the last structure embraced by the partnership. The u biquity of the coalition among the workers is significant in the production of a firmly dedicated group in the execution. Considering the significance of the administration motion, the contribution of the top managerial staff in the concurred structure will be required. This structure will join two board individuals, five ranking directors including the money administrators and the chosen advisory group delegates. Improvement will be the primary focal point of the coalition thus a proposition for arrangement of the most adaptable chief pioneers will be sent from the outset hand.

The Right To Carry Essay Research Paper free essay sample

The Right To Carry Essay, Research Paper The Right To Transport The firearm control issue has started significant dispute in America today. People groups who bolster weapon order feel that firearms are the ground for the flooding offense rate in our state. I can't help contradicting them. I feel that on account of the bootleg market, rough criminals discharged from jail early, and the interest to ensure individual security, stricter firearm control will hold tiny effect on vicious offense in America. I accept that firearm control works in principle, however non in existent life. There are numerous rough offenses where firearms are utilized, however the greater part of these weapons are acquired illegally. Thusly, if weapons were acquired unlawfully, for what reason would the individuals getting the firearms use them legally? The solitary way to order offense is to let residents the option to ship firearms. In the days of old, more than 20,000 weapon control measures have been gone through Congress ( McCarthy ) . We will compose a custom paper test on The Right To Carry Essay Research Paper or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Fitting to Jack Anderson # 8217 ; s book Inside the NRA Armed and Dangerous, The National Firearms Act of 1934 was the main government weapon statute to be passed. This demonstration forced a 200 dollar extract income upgrade on the offer of to the full programmed arms. The demonstration other than precluded movement of to the full programmed arms and scatterguns holding barrels under 18 inches in length or diminutive scatterguns. The Gun Control Act of 1968 made it an interest for all firearm brokers to hold a government permit. This equivalent demonstration other than restricted the offer of firearms through the mail and the offer of weapons to all individuals who have once been sentenced for fierce crimes. It other than disallowed brokers from selling handguns out of territory, and out-of-state inhabitants from buying guns ( 57 ) . With the turning weapon related offense rate in the United States today, numerous ongoing measures have been proposed to order firearms. Jack Anderson clarifies one of the most well known measures, The Brady Bill. This measure centers around self-loader guns. People groups wishing to buy a gun will hold to answer a government survey. The individual # 8217 ; s foundation will be checked thoroughly for condemnable records or records of past mental unwellness. The strategy should take only five yearss. This five-day holding up period, or the # 8220 ; chilling off # 8221 ; period, should let an individual # 8217 ; s temper to chill down. Supporters of the Brady Bill guarantee that individuals follow up on encourage. An individual # 8217 ; s temper can meddle with his/her capacity to accept plainly ; he/she is irate, so a firearm is purchased to procure counter ( 93 ) . I have no activity with the Brady Bill, since it has decreased offense however it hasn # 8217 ; t forestalled it. A measure was passed by previous U.S. President George Bush, which restricted the creation of nine kinds of ambush arms and the bringing in of 43 sorts of attack arms. Hedge felt that ambush arms were answerable for the greater part of the savage offenses submitted in the United States ( Anderson 98 ) . Field A ; Stream creator David E. Petzal concurred with Bush, saying that, # 8220 ; Assault arms are intended to set out a high volume of fire with a high evaluation of controllability. The solitary expectation these pieces have is to murder individuals # 8221 ; ( 27 ) . Weapon related offense, in any case, is still extremely normal. The activity with these Torahs is that individuals are covering about the underground market. The Brady Bill will stop a person from proceeding onward asks however in the event that an individual is be aftering on buying a gun for condemnable aims, he is non liable to buy it through a broker. In the event that he purchases a firearm through a broker, the weapon must be enlisted in that individual # 8217 ; s name. In the event that the weapon is utilized in any offense or killing where a firing is discharged and the firearm is deserted, the constabulary could extremely simple follow the weapon to that person. This situation makes numerous criminals go to the bootleg market. Any individual can buy any sort of weapon in the city. J. Warren Cassidy, previous official delicacy leader of the NRA, says, # 8221 ; for a mobster, acquiring a weapon is only an undertaking of demoing up on the correct city intersection with sufficient cash # 8221 ; ( 419 ) . What I feel requests to be done is to end trying to stifle firearms and on the other hand give individuals the option to ship them. Prof. John Lott, Jr. , and David B. Mustard of the University of Chicago played out an overview on residents shipping arms. The overview indicated that # 8221 ; leting residents to move shrouded arms deflects savage offenses and it seems to deliver no expansion in unintentional expires. In the event that those areas which did non hold Right To Carry disguised firearm commissariats had embraced them in 1992, around 1,570 slayings ; 4,177 colzas ; and more than 60,000 exasperated attacks would hold been maintained a strategic distance from every year # 8221 ; ( National ) . The study other than demonstrated that contrasted with the rest of the United States the areas that have Right To Carry Torahs have # 8221 ; 26 % less whole savage offense, 20 % less crime, 2 % less colza, 39 % less theft, and 22 % less irritated attack # 8221 ; Not only will leting res idents the option to ship chop down offense yet it can other than deliver a one-year expansion of at any rate $ 6.214 billion ( National ) . Blending to the National Rifle Association, Florida ordered an option to ship law in 1987. The Florida Department of Law Enforcement, Florida Sheriffs Association, Florida Police Chiefs Association, and numerous other law implementation bunches upheld it. Hostile to weapon activists asserted, by and by, if perceptive residents conveyed firearms offense would increment. Lawmakers anticipated that Florida would be known as the # 8220 ; GUNshine area # 8221 ; . News media asserted there would be # 8220 ; Wild West # 8221 ; gunfights at each traffic intersection. These expectations were at last refuted. Florida manslaughter rate truly dropped 41 % , and the national rate dropped 20 % . Just 0.02 % of the gave firearm licenses were repudiated on account of offenses submitted by the holder. Some who initially contradicted the option to ship law at last concurred that it was a decent idea, and that it hadn # 8217 ; t made the occupations like they anticipated. The achievement of this option to ship law helps demo that individuals who have convey licenses are more statute remaining than everybody. Simply a little for each centum of holders utilize their pieces for offense ( National ) . On the other hand of firearm control Torahs, the United States ought to reevaluate the justness framework. Fitting to David L. Drinking spree # 8217 ; s book Gun Control, a study indicated that just four criminals go to gaol for each one hundred offenses detailed. The FBI assesses that 60 % of all offenses are non announced. The study other than indicated that for each one hundred hostages with life sentences, 25 are liberated before their third twelvemonth ; forty-two are out of jail by their seventh twelvemonth ; and individuals cleared of killing by ground of craziness only spend a standard of five 100 yearss in a psychological foundation before they are discharged. These individuals that only capacity a piece of their sentence are often engaged with offenses after they are back in the city. The ground for the early arrival of numerous hostages is the way that gaols and detainment facilities are packed ( 163 ) . With the total of offense there is in America today, the specialists ought to accept about building more detainment facilities, and bigger 1s, or it should see actualizing the perish discipline. I believe that if perish sentences were truly completed, this would help balance the jail populace. It would other than make more space so prisoners would non hold to be discharged before they carry out their full punishment. In the event that these individuals were non on the boulevards when they should be in jail, there would be less reiteration transgressors. I think self-protection is another of import ground why we should hold option to move Torahs in the United States. A 1985 investigation of sentenced criminals by the U.S. Division of Justice demonstrated that 34 % detailed that they had been frightened away, taking shots at, or caught by a furnished casualty ; 40 % said they had chosen to non execute an offense since they thought the casualty was outfitted ( Bender 153 ) . This investigation shows that guns utilized for self-preservation can truly chop down offense. In the event that there were restrictions on gun possession, casualties of offenses would be weakened. Taking off handguns from residents just makes a condemnable # 8217 ; s workplace that a lot more secure. The National Rifle Association other than discloses to us that # 8220 ; Of the five significant U.S. metropoliss with the most noteworthy manslaughter rates, two ( Detroit and Baltimore ) gravely confine shipping ; two ( D.C. also, Chicago ) have restricted handguns. # 8221 ; However, out of the 10 regions with the most minimal fierce offense, eight are regions with option to move Torahs in result ( National ) . An article in American Rifleman cites NRA official administrator of general activities Craig D. Sandler expressing # 8221 ; New Hampshire has simply about the least # 8216 ; firearm order # 8217 ; in the state, and when I was in Nashua, we were evaluated the among the 10 most secure metropoliss in the state. Over the limit line in Massachusetts where weapon Torahs are about each piece horrible as in Hawaii, metropoliss of tantamount size had two and multiple times each piece a lot of offense as we had # 8221 ; ( 25 ) . Mr. Sandler proceeds to state # 8220 ; As the individuals of Iowa, Maine, New Hampshire, North Dakota, and South Dakota can ensure, there is a way to populate securely without lost individual rights. Every one of those territories has a lower killing rate than Hawaii, without its frightful weapon Torahs #

The Academic Mindset Part 4 Enjoy the Chase

The Academic Mindset Part 4 â€" Enjoy the Chase One of the rallying cries of rebuilding teams in professional sports (and maybe even a Big Ten team here or there) is “it’s a process,” or “trust the process.” There’s something about the process that really hits us. We like knowing that there is a process, and that if we stick to that process, we’ll see results. We see that when we start working out, and we see that when we’re trying to eat healthy, and we see that in any aspect of our life that involves a little bit of work to be put in. Its no different with academics. Knowing that it’s a process is crucial to getting results you want from your college experience. However, simply knowing it’s a process isn’t going to be enough. You need to enjoy it. Enjoy the chase. This was a Nike slogan. The whole idea was, “enjoy the chase of getting better.” Think of your favorite extracurricular. Why is it your favorite? At some level, it’s because you enjoy the practice part. There’s something about getting better at that instrument, or sport, or skill, that gets you excited. You don’t enjoy all parts of practice, sure. But you enjoy a lot of it. Then, it’s seeing the process turn into results which makes you even more enthusiastic about it. School is no different. If you don’t enjoy the process of getting better at whatever subject you’re doing, you’re really in for a horrible time. Academics in college is a grind, and, usually, it’s a discouraging grind. Rarely do you get 100% on your first try at anything. Actually, you don’t even get 90% on your first try. And since the material isn’t always exciting, you get bored, and that boredom translates into procrastination. Academically, enjoying the chase is the most liberating thing you can do for yourself. Let’s say you score poorly on a midterm. You just fail Economics. Without an “enjoy the process” mindset, you get bogged down in the fact that you now have to find some way to save yourself from eternal condemnation, or whatever exaggerated punishment you assume will befall you because you forgot a demand curve. Enjoying the chase frees you to try and get better. A bad midterm is just more room to grow. More opportunities to get better. More opportunities to learn more about the material. More opportunities to learn more about yourself.   Do whatever you can to enjoy the grind. When you study, treat yourself. Make studying fun. Make studying something you can look forward to. This is possible. Everyone around you will say it’s not, but then again, you aren’t everyone around you. You’re trying to fight academic conformity, so you need to be unorthodox. Learn about the material you’re studying, and not just from the assigned textbooks. If you’re reading about the Enlightenment, watch youtube videos about it, or a documentary on Netflix, or read a Wikipedia article. You’re in college to cultivate your mindâ€"that’s the whole idea. Don’t fall into the trap a lot of us fall into: “I’m just here to get a degree.” No, you’re not. We’re not. We’re here to learn to think better. There’s no point having raw intellect if you have no idea how to harness that to better yourself and the people around you. Enjoy the process of getting better at learning. Ultimately, you need a positive driving force in your life. If what is driving you is the fear of failure, or the desire to prove yourself, you’re going to burn out. You will. Because failure will come. And you’ll never be good enough to prove yourself to yourself. Replace negative driving forces with positive ones.   Build study rituals for yourself. One thing I did, and this is super nerdy, was have a ritual of drinking Earl Grey tea while studying for my organic chemistry tests two nights before. Why? Because Captain Picard from Star Trek likes Earl Grey tea, so I wanted to channel my inner Picard as I studied. Weird? Sure. Quirky? You bet. Did it work? Absolutely it did. Find rituals you can rely on when the pressure is on. Maybe you want to walk around the Engineering quad. Maybe there’s a classroom on the south quad that you like to study in. Maybe you found a special spot at Espresso Royale. Build those rituals into how you study, and enjoy the experience when you’re there. These things are about building an environment for your mind to get in a groove. So as you enter the sixteen week grinds that we call college semesters, enjoy the process of getting better. Enjoy the practice part, enjoy the preparation, and then enjoy the exams, where you turn that preparation into performance. And whatever the score is, rinse and repeat. There’s always better. Enjoy chasing it. Mark Class of 2020 I was born and raised in Naperville, Illinois. I’m a pre-dental student studying Integrative Biology, and I’m trying to pursue minors in Chemistry and English. My posts are for students who want to know what college is actually like and how to survive once you get here.

F. Scott Fitzgerald s Montag s Faces - 1269 Words

The Least Expected â€Å"There you are! Get IN!† Montag looks up incredulously, and sees Clarisse s’ head is bobbing up and down in the darkness, in what seems to be a helicopter not unlike one already hunting him down. Words could not seem to form in his mouth, and instead, his gaping face fills with the dark water of the river. Perhaps the technological advancements of this helicopter are on his side, considering that seconds later a mechanical claw was lifting him out of the murky abyss. A relieving thought among all of the confusion, that this must have been the helicopter he saw flying ahead, rather than the forces out to find him. The expression on Clarisse and Faber’s faces were complete and utter opposites, with Faber s look of stark†¦show more content†¦Prison and death would come at no surprise, but a forbidden helicopter full of books and supposedly deceased neighbors? Definitely not. â€Å"It strikes me as funny that we could find you so easily. The forces are still searching, aren’t they, Granger?† Said Clarisse calmly, continuously shocking the others with her young age. â€Å"I believe so,† says one of the men, checking his seashell. Suddenly, he looked extremely panicked. â€Å"What? What is it?!† Asks Faber, nervous already from all of the commotion. â€Å"There are reports of bombings coming over the United States as we speak!† All in one swift movement, Clarisse sniggers, Montag trips over a copy of The Odyssey, Faber cries out, and the pilot of the helicopter pulls the wheel all the way to the right. â€Å"Good thing we’re already England bound!† â€Å"What is there in England for us? We’re fugitives, sinners, and deadheads! This was a mistake. This was all an incredible mistake. I’m so sorry. I’ve affected not only you all, but my wife, my city, and my job... I’ve made an incredible miscalculation of my capabilities.† Montag seemed to be full of despair, only further exemplified by his lack of motivation and anti-testimony. Clarisse, Granger, and the other men had no immediate reaction, instead continuously unperturbed. They remained seated, with only an expression of slight amusement. Nothing seemed to penetrate their confidence in their mission, which made Faber and Montag only grow more discontented. Faber exclaims, â€Å"Where

What Has Posterity Ever Done For Me By Robert Heilbroner

Natasha Jayez Philosophy 20 6/26/17 Moral Responsibility to Posterity An increasing number of people believe that we have responsibilities towards future generations in regards to preserving the planet. In this paper, I will present Heilbroner s arguments for posterity, in relation to how we treat our environment. In addition, I will compare two ethical theories, Kant s Categorical Imperative to Mill s theory of Utilitarianism. I will then argue as to why Utilitarianism is more plausible in respect to Heilbroner s environmental view on posterity. Furthermore, I will point out why Kantian theory does not at all support the idea of environmental preservation for future†¦show more content†¦Immanuel Kant called this principle The Categorical Imperative. The categorical Imperative can be defined as a universal law without contradiction. Kant s Categorical Imperative states that rationality and reasoning are the source of universal moral obligations, and rational beings are the embodiment of the moral law itself. The only way that moral goodness ca n exist at all in the world is for rational creatures to understand and adopt the rules of moral law and do it as a sense of duty. Therefore, if there were no rational beings, the moral dimension of the world would not exist. This deontological perspective focuses primarily on the intention of our actions, rather than the consequence. Under the categorical imperative, one must follow formulations in order to make rational ethical decisions. The first formulation states that any act that you commit must become universal. If that act cannot become universal, then we must refrain from it. For example, in making a decision on whether or not to steal, one must ask if it would be acceptable to them if someone were to steal from them. In making an act universal, we must imagine a world in which the act is always permissible. The second formulation proclaims that you may not use any human being, including oneself, as a mere means. This explains that you cannot use any form of humanity as merely an object or tool, regardless of independent desires or passions. Kant alsoShow MoreRelatedEssay on Evaluating Our Responsibility to Future Generations1855 Words   |  8 Pagessolution of Euclidian geometry. -- R. Heilbroner    The above quote from Robert Heilbroner speaks well to my feeling after reading some of the theoretical approaches to the ethics of our obligation to future generations from this weeks readings. For example, I found Derek Parfits essay to be particularly unfulfilling. He set out to find a formula X which was derived from logic and yet could provide us an answer to all difficult questions about what we owe to the distant future. Unfortunately

What is foreign Direct Investment Free Essays

string(65) " establish an importer in the foreign country as well as agents\." In their book ‘Foreign Direct Investment and Regional Economy’, Jonathan Jones and Wren Colin argue that foreign direct investment (FDI) is the process where firms or individuals provides capital to an already existing firm or to a newly created firm in another country. Jones J and Wren C (2006, 7). A multinational enterprise (MNE) is the name given to firms who have establishments in more than one country. We will write a custom essay sample on What is foreign Direct Investment? or any similar topic only for you Order Now The Organization for Economic Cooperation and Development (OCED) defined FDI as ‘investment that adds to, deducts from or acquires a lasting interest in an enterprise operating in an economy’. Jones J and Wren C (2006, 8). The foreign investor has a considerable influence in the management. In the wake of globalization the role of FDI’s cannot be underscored in propelling economic growth across the globe. It is estimated that the global inflows from private FDI’s rose from $159 billion in 1991 to a tune of $1. 1 trillion in a decade’s time. The success of any MNE’s will be affected by the approach that the firm uses entering a market. MNE’s must consequently be very keen before making the final decision of which entry method to apply. This paper will focus on elaborating what FDI is as well as highlighting why it is preferred to licensing, exporting or franchising. History has it that initially MNE’s were treated with much suspicion on the basis that probably they were only out to exploit the 3rd world nations but with time countries become most receptive probably due to the benefits accrued. Bora B (2002, 1). The success of any firm or MNE in FDI largely depends on various factors like the degree of competition in the host country. Competition is of much essence as it determines the rate at which the firms are to manipulate their productivity levels, introduce other new production possibilities and consequently create positive spill over effects or externalities on the host countries. Whether the overall effects of FDI are positive or negative remains a highly debatable issue that also depends on whose point of view is being considered. FDI’s have a significant effect on the balance of trade. It is mostly associated with the transfer or export of jobs and some countries may cite ‘brain drain’ as a problem created by FDI. The host country on the other hand might argue that the MNE in question is not to its advantage when it imports labor. FDI’s could be blamed for killing domestic industries especially in cases where MNE’s are able to produce at a lower cost of production and hence produce cheaper and quality products at a lower price than is being offered by the domestic industries. Bora B (2002, 1). However, cases where FDI produces products that are not produced by the host country, then this is to the host country’s advantage. FDI is a very important source of capital as well as the technological know-how or knowledge in various productions. Intellectual property rights (IPRs) are vital in influencing or rather determining if a firm is to invest in another country through FDI. Countries with weak protection discourage MNE’s from investing. Bora B (2002, 197). IPR’s are a significant component of the regulatory system in any nation the same way taxes, regulations related to investment, trade policies as well as competition rules are. IPR’s are very essential especially for firms that deal with ‘knowledge based assets’. Countries with weal IPR’s would discourage foreign investors as there are high chances of imitation to counter the MNE’s goods. Strong IPRS could be in the form of patents, copyrights, trade brands or even trademarks. Imitation has a negative effect on the MNE’s as it reduces the market size. Strong IPR’s gives MNE’s a ‘monopoly’ advantage in the market which they can use to increase their profitability levels. Other factors that make foreign firms consider FDI includes the transportation costs incurred. If a foreign firm estimates that the transportation cost would be too high when it exports her products, the FDI could be the better choice. High trade costs also encourage firms or MNE’s to enter foreign countries through FDI. A country where there is a relatively high productivity relative to the labor costs would also be more attractive for firms considering FDI. Low fixed costs of establishing plants are also an incentive to FDI. The major objective for the establishment of any firm is to make profits. Profit which is the difference between the total revenues and total costs will be reduced if costs are high. Firms with consequently try to opt for the options that minimize costs to increase their profits. Low cost of establishments will therefore translate to increased profitability levels. Bora B (2002, 198). The role of IPRS in influencing FDI decisions is however dependent on the kind of business in question. For the firms specializing in hard-to-imitate products the role of IPR’s is lower than for those whose products can be easily imitated. Easy to imitate firms could be those dealing with pharmaceuticals and software. Access to foreign markets could also be influenced by investment regulations where inefficient ones will discourage FDI while efficient ones will attract FDI. Limited rights of establishment will also hinder the market accessibility for MNE’s considering FDI. Trade controls in a nation affect the flow of money in the economy. If there’s limited flow of money in circulation then the demand for productions will be negatively affected. Accessibility to credit has a positive effect on the demand thus triggering increased production. Strict controls on the production as well as on marketing can also influence FDI’s in a country. Countries that control the amount of output or the raw materials to use may affect MNE’s decision of whether to enter a market through FDI. Arbitrary taxes are a disincentive to FDI and so are licensing restrictions. Bora B (2002, 202) When foreign companies use the ‘export’ approach to attain market access in a certain country, it means that they will have to establish an importer in the foreign country as well as agents. You read "What is foreign Direct Investment?" in category "Papers" It could also establish a sales subsidiary in having its goods or services in the market. Licensing on the other hand entails the selection of whether one is to contract a foreign firm to produce for it its products and also carry out the marketing or a firm could also opt for franchising. Wertz B and Wensley R (2002, 458). The need to increase or rather widen their profit levels, seek growth opportunities as well as diversifying risks is what triggers MNE’s to invest in foreign markets. Comparative advantage plays an important role in influencing if firms are to engage in business. Before firms can make concrete decisions about foreign investment they must carry out effective market research regarding the country in question. The quality of infrastructure in the host country also affects the decision of how to gain the market entry. Other important questions a firm should try to answer include whether there are available raw materials as well as energy which would affect the costs of production. Mc Donald et al (2002, 244). The major forms of FDI are joint ventures and wholly owned subsidiaries. Joint ventures entails the partnership of 2 or more independent firms form a partnership and share resources in the operation of FDI. They could be contractual or equity joint ventures. Using the licensing approach in gaining access to a market involves or rather is characterized by some advantages. It has reduced risks regarding the loss of proprietary knowledge. It allows the firms to have strategic flexibility as it is associated with minimal controls and above all it applies lower amounts of resources as compared to FDI McDonald et al (2002, 229). Environmental factors also have a role to play in influencing firm’s decision regarding which approach to use gaining access in the market. Such factors include the risks in that country, competitive conditions and familiarity with the location. In countries with high risks MNE’s may consider licensing to FDI and the reverse is true. Other factors that may favor licensing include high cultural difference between the host and the home or source country and a declining market demand. In cases where competition is subject to rapid technological as well as regulatory changes, firms may also consider licensing to other approaches of accessing or entering markets. Firms dealing with research and development (RD) intensive ventures will not opt for licensing. Those in areas where there’s homogenous competition conditions as well as demand would least opt for licensing. Licensing would also not be considered in the face of rapid technological change, in countries with deregulation as well as those with political and cultural barriers. Licensing would only be considered when the level of technological process if not complex, where there are harsh environmental conditions and hence it would not be profitable for the firms. It can also be applied in cases of unstable demand. International franchising refers to a situation where a parent company offers or rather grants other companies the right of use to its products, services, trade marks or brand names but in a prescribed manner. In return the mother or parent company gains profits which could be in a lump sum and continued or ongoing fees. Independent firms could be given the mandate to control the franchise or the franchisor could take an equity share where they could have its own managers head some of the outlets. The franchisor could offer knowledge about the business in question, offer marketing support and local exclusivity. They could also offer the firms manuals on how to operate, and continued training. The franchisee must however comply with the franchisor’s set standards and regulations so as not to tarnish its name through poor quality production. The ongoing fees are usually a certain percentage of the total sales made by the franchisee. There are 2 types of franchising. First generation franchising includes those between manufacturers and retailers as well as between wholesalers and retailers. Franchising could be by a trade name or trade mark which is also referred to as second generation franchising or business franchising. Franchising is applicable to both small as well as large firms and favored in cases where the cost of monitoring the managers as well as other employees is high overseas. The major difference between licensing and franchising is that the former receives a ‘proportion’ of the business while the latter attains all there is necessary for the successful running of the business. Licensing ensures limited control over the process of running a business unlike franchising. Selection is also different for licensing and franchising where licensing are self-selective as franchisee are selected the parent company or firm. Licensing is done on already well established firms contrast to franchising which could be on start-up firms (McDonald et al (2002, 233). Parent companies have zero equity in licensing unlike in franchising. Whether a firm is to use exporting as a way of entering a market largely depends on the prevailing trade environment, costs of transportation, risks related foreign exchange as well as threats of non-payment. (McDonald et al (2002, 234). The use of licensing as a market entry strategy is criticized on the grounds that the parent company or firms could be creating its own competitor. However it reduces the political based risks as it is 100% owned by the locals. It’s therefore a best solution or approach for new firms in the market. Licensing earns the firms a minimal income compared to FDI entry. The role of the local government in influencing the kind of entry a foreign company takes is very significant. Countries could treat different entries differently thus encouraging some while discouraging others. Firms may opt for FDI in stable and well established economies as then their costs of operation are likely to be relatively low compared to unstable economies. It is also easier to predict demand in such economies and they can easily make long term decisions unlike in cases of unstable economies. MNE’s with the objective of pursuing a global strategy would favor FDI where they have full control over the running of their firms. The prevailing conditions of a host infrastructure also affect the entry mode. This is because it has a significant influence on the costs incurred thus influencing the MNE’s profitability levels. Factors determining the mode of entry could be social, economical, political or industry specific factors. In their book, ‘International trade’ Luis and Oliva noted that there are two forms of FDI that is the vertical as well as the horizontal FDI. Horizontal FDI is when companies manufacture similar products or services in varying countries while vertical FDI is when firms carry out different stages of production process in various or different countries. Rivera-Batiz L and Oliva M. (2003, 165). FDI is favored over exportation when there are location advantages that significantly lower the trade costs to the target market. Some countries attract FDI through the application of tax breeds. MNE’s will therefore be influenced by such incentives before deciding the entry mode to adopt. Firms will prefer FDI to licensing where ‘arms’ length relationship are very complex or when the agency costs involved are too high. Firms will tend to shy away from licensing when there are unclear or complex contracts that are not specified. If the costs incurred for enforcing the licensing contracts are very high to an extent that is unprofitable for the MNE’s then, FDI is preferred Rivera-Batiz L and Oliva M. (2003, 178). When there are high chances of the host country accessing the technology and knowledge to produce similar products, then the use of licensing must be reconsidered. High competitiveness in the local market can see the competitors offer cheaper but low quality goods to raise the demand. Strong IPR’s can favor FDI to exportation. FDI is beneficial to the host country in the sense that it brings about superior technology that ensures cheaper production of quality goods and services. However the benefits will depend on whether the technology has some positive externalities to the host country or not. Since FDI create competition the positive effects of competition like lowered prices and quality production are ensured. FDI is also associated with positive effects on a country’s investment and exports as well as reducing the foreign exchange gap. How to cite What is foreign Direct Investment?, Papers

Oedipus Rex By Sophocles Essays (381 words) - Operas,

Oedipus Rex By Sophocles In "Oedipus the King," Sophocles concocts one of the most famous and intricate characters of Greek drama. A tragic hero, Oedipus' desire for self-discovery and understanding inevitably leads to his tragic downfall. In the end, it can be seen that Oedipus' tragic flaw is his own determination and persistence. Oedipus is a leader. He thrives on power and thirsts for control. It is interesting to note, however, that Oedipus does not abuse his power. Rather, Oedipus strives to better Thebes at all costs...including the cost of his own power. From the opening of the drama, Oedipus' determination is quite obvious. As king, he promises his subjects that he will rid Thebes of all pestilence and famine. This promise is backed by Oedipus' well-known victory over the Sphinx, and his people believe instantly that their king will solve all their troubles. The people of Thebes trust Oedipus because they recognize his persistence. Aside from his outward determination, many other qualities can be seen in Oedipus. One quality of particular interest is Oedipus' morality and fairness. When taking a broad view of the play's actions, one can see that Oedipus does all he can to achieve a fair state. He pursues the "murderer" with full force in an honorable attempt to seek justice. Oedipus' morality becomes even more apparent towards the end of the play when he decides to follow through with the punishment of the murderer, even though he must leave his kingdom and his home. Oedipus, though an honorable character, is guilty. His extraordinarily complex guilt can be seen on two levels: on the level of the Gods, and on the level of the law. Oedipus has clearly broken laws and taboos through his unwholesome behavior. More importantly, however, Oedipus has offended the Gods. He has attempted to alter the most important and immutable constant of Greek philosophy: fate. By avoiding fate early in life through feeble means (leaving his parents), Oedipus angers the Gods, and eventually pays for his wrongdoing through his own punishment. Though Oedipus is guilty, his self-banishment relieves his guilt and redeems his character. Throughout the drama, Oedipus relentlessly strives to discover two seemingly polar entities: the murderer of Laius, and his own true identity. In the end of his tragic downward spiral of truth, however, Oedipus discovers their equality. Oedipus' own seemingly beneficial characteristic of determination inevitably causes his tragic fall from dignity and grace.