Wednesday, November 27, 2019
ââ¬ÅThe Voice of Ile a Morphilââ¬Â free essay sample
In this particular case, it seems to have been beneficial to the less developed country, by providing funding, advice and schools. Development Aid is a good notion, but is often executed poorly, such as mining in third world countries. When done right, development aid is beneficial to both parties, and can help develop a region without unethically harming its culture. In many cases of development aid, the less developed country receives ââ¬Å"helpâ⬠in the form of job opportunities and money. While this approach will increase the GNI per capita, and purchasing power parity, it will not necessarily benefit the Human Development Index. There are numerous examples of Development Aid gone wrong. When a company or country takes an interest in the resources of a third world country, it often overlooks the cultural and environmental impact of their operations. The Grasberg gold mine is one example of where development aid only results in ruin of local communities. We will write a custom essay sample on ââ¬Å"The Voice of Ile a Morphilâ⬠or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page PT Freeport Indonesia, the company that runs the mine, has taken four hundred feet off of a sacred mountain to the local people (Danny Kennedy). PT Freeport Indonesia has said that its presence will help the Paupuan Agribusiness by providing infrastructure. The farmers and fisherman used to sell and trade amongst themselves; PT Freeport Indonesia says that they are providing infrastructure and development aid, but in reality are only hurting the local traditions and Culture (Paupan Agribusiness). The development aid provided to the people in the documentary ââ¬Å"The Voice of Ile a Morphilâ⬠was more beneficial to the less developed country. Ton, the head of the program, cared about the people and their culture. He would spend time there and participate with the community. By providing funding, advice, and being persistent, the program was able to help the local community more than if they had solely provided jobs. If a region is not ready for technology, such as tractors, it will go to waste. By giving the people simple irrigation systems and some credit to be able to buy seed and pump repairs, the people prospered, while the culture remained unharmed. This situation is an example of development aid that was planned and executed well. In conclusion, development aid is a good idea, but is often not the actual goal of a supranational organization. In most cases the company or organization is just looking to turn a profit, and disregards the people and environment of the region they are exploiting. It is unethical for companies to change a peopleââ¬â¢s culture and way of life for their own greed. When a program like LFM gives ââ¬Å"helpâ⬠their goals are to give enough money, advice and resources to develop on their own, LFM is not looking to abuse the region. When development aid is done right, it provides a region with the tools it needs to develop infrastructure without harming the regions culture.
Sunday, November 24, 2019
Polythene Pollution Essay Example
Polythene Pollution Essay Example Polythene Pollution Paper Polythene Pollution Paper a petroleum product is a suspected human carcinogen or cancer-causing agent. In studies with mice, polyethylene has been linked to cancer of the colon. When these bags come in direct contact with food, as in packaging, chemicals within the bag can each out into the food and contaminate it. When burned they release cancer- ; Polythene can also cause AIDS and thrombosis. Causing gases. ; About 1 billion sea animals die each year by ingesting polythene bags mistakenly. The plastic bags on ingestion may wrap around their gut or they choke them to death. Steps to Combat Polythene Pollution ; Plastic polythene bags must be banned altogether or by levying tax on plastic bags, polythene pollution may be checked. Polythene materials may be considered for recycling. Very few fractions of polythene containers an be recycled like polythene containers for soft drink, milk, water bottles. ; People must be encouraged to use wax paper instead of polyethylene products, to use cloth or hemp or jute or paper bags instead of plastic bags. ; More public awareness has to be created explaining about the harmful impact of polythene pollution. Advantages an d Disadvantages of Polythene: Polythene is mainly used for the packaging purposes. Polythene is found to be a lightweight material. Its also defined as a thermoplastic material. This polythene is mainly made from the substance called ethylene. These also having many of the properties for the composition. This is mainly used for the consumer products. Polythene is having many advantages and disadvantages. Advantages of Polythene The advantages of polythene are given below, ; Polythene has one of the advantages of lightweight material, which is mainly used for the packaging purposes. ; Polythene also finds an important component in the spoilage Of food. In reduces the food Wastage. ; The Polythene ducting is very much suitable for the air coolers, fans, heater equipment, and air handling units. By the usage of polythene bags it is very much compatible for the consumers. It is useful than the glass or paper. ; Polythene has also finds the advantage of transparency. One can easily view the materials inside the polythene bags. Disadvantages of Polythene The disadvantages of polythene are given below, ; Polythene is defined as one of the harmful substances, when w e throw it in the soil it will easily damage the plant life. The soil particles are also ad managed. ; Polythene is also having the disadvantages of damaging the water particles. The toxic chemicals present in the making of polythene will damage the plants and animals easily. It also damages the ecosystems of aquatic and marine. ; Polythene gas one of the disadvantages in the pipe blocking. If we use the [polythene in the pipe blocking it will leads to free flow of the water particles. ; If the polythene chemicals are inhaled by the animals means, it damages the abdominal cavity of the animal. ; If we preserve food items in the colorful polythene bag, it also harmful because the color of the bag contains the chemicals like lead and the cadmium.
Thursday, November 21, 2019
Four Types of Experimental Designs Essay Example | Topics and Well Written Essays - 4000 words
Four Types of Experimental Designs - Essay Example This report examines four fairly common research methodologies: survey research, case study research, ethnography, and mixed design. The pros and cons of each design are assessed, and examples are given. A survey or questionnaire is considered to be a relatively accessible, flexible research option. Generally, flexible designs offer benefits to research that is willing to change as new variables come up throughout the process, whereas fixed or quantitative designs such as will be mentioned later, offer benefits to research that is about stabilizing and controlling a certain state of variables or predictions. The quantitative or qualitative survey method is a popular choice among researchers. This methodology differs from explicit ethnography in that it is more rationalized and quantitative in nature, and primarily seeks to answer research questions through the proposition that scientific research cannot be proposed without substantive or grounded data to back it up. This makes the us e of statistical information very popular with other type theorists, but getting statistics on the future is difficult, and therefore this is another appropriate reason for the research subject to be covered in a quantitative survey manner, rather than grounded theory or ethnographic methods. When researchers use a survey, they often wind up finding out new research questions and directions, while measuring the opinions and attitudes of subjects. At the same time, they can present their data in a scientific way, through the use of ANOVA, SPSS software, and other methods.
Wednesday, November 20, 2019
What does it mean to say humankind was made in the image of God Essay
What does it mean to say humankind was made in the image of God (Biblical Anthropology) - Essay Example The issue is not with the revelations. Spiritual revelations of all the divine incarnates is one and the same, for they speak from beyond-the mind level, where bliss alone, the Eternal Light alone, revels. That perfect state transcends dualities or confusion. All dogmas are related to the mind-level understanding of the humankind. Perfection is not possible at this level. One has to cross the barrier of mind. ââ¬Å" All dogmatism has this in common, that they are clothed with a certain authority. Naturally, the basis of this authority differs. Scientific dogmas have the authority of the axiomatic or self-evident truth. Philosophical dogmas deserve their authority from the generally admitted arguments by which they are established. Political dogmas are clothed with the authority of the government by which they are decreed. And religious dogmas are based on divine revelation(either real or supposed), and are therefore authoritative.â⬠(Louis, p.18) But revelations are unquestionab le and are beyond the scope of arguments and counter-arguments. The essential difference between religion and spirituality needs to be understood. Spirituality is all-embracing for the entire humankind. If one turns the pages of history, they are daubed in the bloodshed related to conflicts between the different religious communities. ââ¬Å"Hence this should not introduce God as an object about which man must speak, but as a subject which addresses man, and to which man must respond.â⬠(Louis, p.11) When one talks about man in relation to God, the first question that arises in ones mind is the justification for the existence of an individual. There is a purpose behind ones arrival in this planet, a plan behind ones existence and a reason for the final departure, once liberated from the mortal bindings. Being born and to walk up to the grave is not the real purpose of life. ââ¬Å"Christian religious faith is faith in the regeneration of man who is alienated
Sunday, November 17, 2019
Topic about non-pofit and non-governmental organizations Essay
Topic about non-pofit and non-governmental organizations - Essay Example The greatest challenge confronted by NPOs today is the emergence of financial shortages posed by regular government cutbacks resulting in funders who prefer supporting short-term projects rather than long-term activities. NPOs immensely rely on their volunteers for various tasks such as fundraising, performing office works and other tasks related with the NPOs. Besides, the increasing competition among the NPOs have resulted in diminishing funding and raised various difficulties in acquiring corporate support. It has been majorly influenced by this aspect that the small non-profit organizations have emerged as the prime sufferers of the intense organizational competition (Stowe & Barr, 2005). Consequently, many NPOs have tailored programs limited towards meeting the needs of funders, only which has increased the risk of ââ¬Ëmission driftââ¬â¢ among both large and small NPOs (Cheng & Mohamed, 2010). In the similar context, the structure of NGOs may take several forms such as lar ge or small, bureaucratic or flexible as well as it may be practiced in an informal or formal form. NGOs largely rely on its supporters and volunteers as well as on its staffs with the intention of availing adequate manpower in order to satisfy the organizational objectives. Similar to NPOs, funds are required by the NGOs as well to support their charitable operations (Australian Council for International Development, 2010). It is in this context that the fundraising costs of NGOs at times are observed to be problematic by a certain extent. Correspondingly, the activities related to fundraising of NGOs may be affected by inter-organizational factors including organizational values, resources and other external factors such as restrictions posed by government laws and regulations. The common fundraising sources that are adopted by organizations include government grants, roadside collections, special events, membership and online donations among others (Cheng & Mohamed, 2010). NPOs a nd NGOs are important elements of any society that aims to benefit the citizens to raise their living standard and seek cooperation from other to help them in performing their tasks efficiently. Nonetheless, it is not an easy task for the organizations to conduct activities conveniently as several factors act as hindrances in this context. For instance, in the current era, human sympathies are often considered as insufficient for reforming societies or eliminating social causes such as poverty, illiteracy, and other social causes or rescuing people during natural calamities rendering greater significance monetary values and economic benefits. Therefore, funds, as well as skilled and hard working staffs are also required in order to efficiently meet the challenges faced by the citizens of various nations (Australian Council for International Development, 2010). The organizations often obtain grants provided by governments and donations collected from various people and members which in most instances prove to be inadequate in meeting the financial requirements. Furthermore, with the increase in the human population, the vulnerability of unfavorable circumstances also tends to be increased. In this course, the organizations need to expand their area of
Friday, November 15, 2019
An Analysis Of The Sony Corporation
An Analysis Of The Sony Corporation Current Activities Today, the Sony Corporation is a multinational conglomerate headquartered in Toyko, Japan. The company is one of the worlds largest media conglomerates and is one of the leading manufacturers of electronics, video, communication, video games consoles and IT products for the consumer and profession markets. However, Sony is better known for its high quality consumer electronics, which account for 61% of total revenues. In 2008, the company had revenues exceeding à ¥7.730.00 Trillion or $78.88. (Rugman, 2009) Products Modern day Sony is known for its innovative products such as; the Triniton colour television; Bravia High Definition television; Playstation video console; VAIO laptop; Music mobile phones; Walkman and Discman personal stereos. (See Appendix B. For a list of Sonys product) Modern Strategy Culture Industry and Media Synergy Sony is recognised as a total entertainment company. This means it is no longer simply a manufacturer of technological hardware but is an integral part of a culture industry. Sony likes to adopt a media synergy. This term was employed to refer to a strategy, adopted by many hardware and software producing companies of attempting to synchronize and actively forge connections between directly related technologies and areas of entertainment. (du Gay, 1997) Products For its audio-visual products Sonys strategy boils down to producing audio, visual and electronic gadgets and controlling the content that goes through them. For example, Sonys successful Playstation 2 games console allows the company to provide the hardware necessary for the firm to capture the games market. (Rugman, 2009) The strategy reflects Sonys media synergy which came partly from an acknowledgment that Sonys Walkman1 was useless without the cassette that was inserted to it, which was in turn useless without the musical recording artists and the companys Betamax videocassette2 recorder was useless without video-cassettes of films and music. (du Gay, 1997) Moreover, the outright ownership of CBS (music), MGM (movies) and Sony BMG (Music) allows the company access the film and movie industry and music artists. These are forms of entertainment which are viewed and listened to via Sonys products. Market To support the companys commitment to succeeding globally and understanding how business is performed elsewhere, the company seeks to fit into host country communities. Therefore Sony seeks to: Hire locally Strike a balance between the home culture and local culture Participate in the local community. In addition, Sony prefers to list the company on the local stock exchange; appoint well respected local executives to the Board of Directors; and create a local product distribution system. (du Gay, 1997) Internationalisation History Sonys entry into foreign markets appears to have followed the typical internationalization process. (See Figure 1.1) The company initially obtained a license from a US company, Bell Lab, in order to recreate the transistor technology in its radio. These products were produced with success and first introduced to the local Japanese market. The products were then exported to markets of similar consuming habits. Export of these goods occurred via a distributors and then some time later through the companys own subsidiaries. Factories were then established in different markets, where products could be produced closer to the export market and at a cost discount. The final stage of the FDI process occurred when Sony embarked upon opening its own RD and marketing facilities, enabling lasting market presence and understanding of foreign markets. The growth of Sony as a company and its technologies occurred within a process of interaction between the US and Japan. As the company grew, Sony executives gained knowledge from constant visits to the US, acquired the rights to produce transistors from the US and found that North America provided a major market for its audio-visual products. The adoption of the name Sony and the standardization of products such as the Walkman were adopted with the aim of being a global brand (du Gay, 1997) Sony first embarked upon FDI via a wholly owned subsidiary in the US in 1960. However, over the last 60 years it has engaged in Joint Ventures (JVs), Mergers and Acquisitions (MA) and Strategic Alliances. (E.G. Sony-Ericsson, Sony-Microsoft and Sony-Sharpe) Throughout the 1980s two important developments indicate how Sony began actively extending its presence as a global corporation. First, the company aimed to operate in all markets across the world, to reach as many potential consumers as possible. Second, the company aimed to reorganize processes of production in such a way so that they would not be limited to the constraints of the nation state. In such a case, a particular concern was how the effectiveness and international competitiveness of Japanese companies were constrained by the value of the Japanese YEN. This meant that goods produced in Japan were more expensive when exported and in competition with those in other parts of the world. (du Gay, 1997) To pursue these aims, Sony adopted a strategy of globalisation that involved moving their manufacturing and marketing operations to different locations around the world and setting up local operations in different locations around the world. (du Gay, 1997) One of Sonys motives for moving its manufacturing operations was a straight-forward attempt to follow its competitors and reduce labour costs. For example, the first Walkmans were manufactured and assembled in Japan so that the companys management could be close to operations and make any necessary modifications, once up and running and not requiring so many modifications, additional assembly factories were established in Malaysia and Taiwan. (du Gay, 1997) The gradual move came to move operations so that they could respond directly to local conditions. For example, Teletext was developed onsite in the UK and Triniton TV was developed locally in France. (du Gay, 1997) An additional practical consideration was that by establishing and presenting themselves as a local company, Sony could use various national and pan regional rules and regulations to gain the most appropriate and cost effective environment to manufacture and produce its products. The company could exploit cheap labour in Malaysia, take advantage of grants there were available to attract new electronic industries in the UK. (du Gay, 1997) In the 1980s 1990s, Sony began to rapidly expand into Europe. (See Appendix A- history timeline). Sony was vigorous in its international expansion. The company chose to expand into similar markets, such as US and Europe. These markets had large populations, high incomes per capita and a consumer culture. Therefore, the other two TRIAD regions were good markets to promote and sell Sony products. The companys strategy is to be present in its market of distribution and therefore it established a number of factories to develop and distribute its products. The objective is to understand the local market and consumer demands. Sony has a strategy of introducing its products first to its local market (Japan), testing consumer preferences and then introduces these products to its international markets. The adoption of the name Sony (in 1957) was also an attempt to communicate the brand and its products to the market. Sony was able to do this over a significant period of time. Sony learnt significantly from technological, productivity and efficiency improvements this was a stimulant for its international trade and the international product life cycle. (Vernon, 1966) Today, Sony has developed a strategy to not only create technology but to control the content that goes into them. Therefore Sony has embarked upon a number of MAs. First with a 50/50 JV with CBS, which Sony eventually bought outright and also a venture with Columbia Tristar Pictures, MGM, BMI and a number of media companies. Sony has also embarked upon JVs with software companies such as Microsoft. The companys strategy is to be present across all levels of the entertainment industry. CASE STUDIES SONY WALKMAN Walkman is a trademark of Sony Corporation, used originally to market its range of portable audio players. In July, 1979, the original Sony Walkman portable music player the TPS L2 was introduced. Sony promoted the concept of enjoying music, anywhere, anytime using industry advertisements featuring celebrities with the product. The first Walkman was marketed under the Walkman brand in Japan, but in other markets it was originally sold under various names including Soundabout (USA), Stowaway (UK) and Freestyle in Australia. Walkman players become very popular in Japan and foreign tourists visiting Japan who bought them as souvenirs, this prompted Sony to standardise the name to Walkman worldwide (Uggla and Verick, 2008) SONY-ERICSSON Sony Ericcson was established as a 50/50 Joint Venture in 2001 by Sony and Ericsson (a mobile communications infrastructure and systems business based in Sweden) Sony Ericsson functions as a separate entity designing, producing and marketing cellular phones and accessories. It had revenues of 13 billion euros in 2007, from the scale of 100 million units which is a global market share of 9%. (Uggla and Verick, 2008) Sony Ericsson had recognised a segment for dedicated music phones various MP-3 enabled handsets were on the market but there was little differentiation among them. Sony Ericsson decided to investigate and launch a music phone. The company decided to incorporate Walkman into the music phone branding. Sony established that Walkman branding encouraged around 67% of people to buy the phone by adding credibility to the music player. (Uggla and Verick, 2008) Internationalisation Theories The following trade theories are applicable to Sonys process when entering new markets: Dunnings Eclectic Paradigm of Internationalisation Sony was able to successfully expand abroad due to its firm specific and intellectual competitive advantages. Furthermore, the company had successfully established itself in its home market and generating sufficient expertise to export its high-tech consumer electronics abroad. FSA Sony possesses FSAs through the development of intellectual capital. In addition, the Sony brand names (e.g. Walkman, Playstation, Triniton, Bravia) carry significant worldwide consumer value Due to superior FSAs over both domestic and international rivals Sony was able to engage in FDI. Amongst other things Sonys first FSA was it transistor technology. Through this, Sony was able to differentiate itself from its rivals. It was able to provide high tech, desirable products. Sonys FSA also came from its personnel. The companys co-owners (a Physicist and an Engineer), managers and other employees were of high quality, possessed a high degree of technical know-how and desire to improve the companys industry position. Internalisation Sony possesses know-how and competitive advantage through the development of its products first at home and then applying this knowledge to foreign markets such as the USA and the Europe. As previously mentioned Sony was able to acquire foreign technology. The technology licence provided access to the transistor and allowed Sony to gain foreign technological know-how. According to Dunnings Eclectic paradigm Sonys strategy allowed the firm to acquire an intangible asset (transistor technology) apply this technology to its products, and then create a firm specific advantage. The intangible asset provided Sony with an exclusive piece of know-how that was specific to the firm. CSA Sony embarked upon FDI through the sale of its products not only in its home market but also in the US, Europe and eventually the rest of the world. For example, once the transistor had been applied to its radio, Sony sold this item in markets with similar tastes and income per capita. For example, after introducing the TR-55 radio to Japan in 1955, Sony then exported and sold its radios in the US and next Europe in 1957. This could not have occurred without the existence of consumer demand. Sony also took advantage of favourable industry subsidies and national legislation, which encouraged the presence of high tech industries for example, the opening of Bridgend Factory in Wales. According to the eclectic paradigm, all three of the conditions necessary for FDI were present when Sony started its internationalisation process. Sony sought to increase its internalisation advantages and reduce transaction costs, through the purchase and development of new technology and reduce transaction costs through the establishment of its own subsidiary and factory. Sonys actions increased its firm-specific advantages, through know-how and innovation. The company internalised and possessed an advantage over its rivals by retaining the technological know-how, rather than licence it to its competitors. Sony reduced the risk and threats from competitors by retaining its knowledge. Distribution Sonys Initial decision to export its products via a distributor illustrates that company saw value in having a presence within the US market, but the company lacked significant knowledge of the market to justify distributing the products itself. Moreover, it was profitable to export products to the US as there was an abundance of wealth, the US consumer culture, and retail distribution networks. However, trade barriers, import taxes and unfavourable distribution contracts eventually led Sony to establish a subsidiary within the US market. Overseas Production Malaysia Furthermore, Sony eventually located part of its production process to Malaysia. This occurred once the company was satisfied with its local and international products. This also occurred in order to offset the rising costs in the home market, Japan. Sony was able to engage in FDI to Malaysia as the company had generating sufficient amounts of FSAs and ISAs. Uppsala Internationalisation Process Model Part of Sonys business strategy is known as localisation, which is the commitment to gaining market knowledge, cultural understanding and business expertise. Sony has initially licensed its transistor know-how from the US, it was decided that the company should also introduce its products to this market. The Uppsala model can therefore be applied to Sonys internationalisation process. When Sony first entered the US and Europe markets, the company knew little about local consumer demand. The attractions were solely the educated populations, high incomes per capita, government trade measures and distribution networks. In addition, Sony believed that consumers in these markets were similar to those in Japan. When Sony Executive visited the US and Europe, they collected data collection and studied local consumer demand, at this point it was decided to export products to these locations. Sony then committed itself to further to the US and then Europe, through the establishment of its foreign subsidiaries, Sony America and Sony Corporation S.A. in 1960. The establishment of these subsidiaries resulted in further FDI, through distribution systems, marketing campaigns and listing on the local Stock Exchange. Sony was able to overcome some of its foreign company disadvantage as its held a constant presence within the local markets. The company committed itself to understanding how consumers behave and their reactions to new products. Sony was eventually able to engage in FDI as it gained significant knowhow, from exporting, distributing and establishing its own subsidiary, reducing transaction costs. Sony also used its current operating model and consumer tastes to establish itself in markets which it believed to be similar its own. For example, when Sony introduced its VAIO laptop to the US, the price and high technical specifications unlike Japan, were not popular with US consumers. Sony eventually modified its laptops to US consumer tastes. This led to a reduction in price and operating features which US consumers preferred. Joint Ventures (JVs) and Partnerships Sonys JVs, partnerships, mergers and acquisitions can be understood through the application of the Uppsala business model The JV with Ericsson allows the company to gain a first mover advantage from standard setting in the mobile telecommunication industry. Also, the JV allows instant access to the European consumer markets. The company seeks to gain an understanding of these distinct markets but does not have the time and know how. The JV establishes instant knowledge, with reduced acquisition times, creating instant presence and expertise within these markets. Hymerian Theory Monopolistic Advantage Theory Sonys issuance of ADRs in the early 1960s can be understood through the Hymers theory of Monopolistic Advantage, Market Power approach and Product and Factor market imperfections. Sony was able to exploit market imperfections as it could overcome threats from local firms due its ownership advantages (superior technological know-how, economies of scale at home) and other internalised advantages (managerial experience, product developments, existing supply chains, cost advantages). This allowed Sony to obtain favourable political ties, market connections and social positioning; despite the fact Sony was a foreign firm. It was therefore advantageous for local Americans to take an equity position within such a rapidly emerging company. Moreover, Sony was operating in an oligopolistic market, according to Hymers theory of Monopolistic Advantage; FDI takes place in such markets or industries rather than markets or industries operating under near perfect competition. Markets imperfections, allowed Sony to obtain global competitive advantage. Companys which offer investors consistently high rates of return, due to good products and consumer confidence is attractive to investors. Further investment into Sony, allows it to maintain its position of technological superiority. In addition, Sonys technological expertise meant that its products were attractive not only in Japan but throughout the rest of the world. But, Sony initially lacked knowledge in marketing and distribution and so initially used a distributor partner to export its products. This eventually changed when Sony acquired its own distribution system. For example, when Sony first introduced the Walkman in 1979, it did so in its home market first and followed this by introducing it under different brand names, Soundabout (USA); Stowaway (UK); and Freestyle in Australia (Uggla and Verick, 200) The company eventually standardised the Walkman name in the early 1980s. The adoption of the name was to communicate the brand and its products to the market. Sony was able to do this over time and learnt from technology and efficiency improvement which its applied it each of its markets. Product and Factor Market Imperfections Sony embarked upon FDI as it understood it was able to overcome threats from local firms. Sonys strategy is to understand its consumers locally. The company therefore engages in RD and production in most of its subsidiary locations or within close proximity. This is so that it understands consumer tastes and local demand. This strategy can be explained using Caves, Product and factor imperfection. Sony is a market leader and so has superior technological experience and finance to establish local RD and production facilities to understand and satisfy consumer sensibilities. This provided an advantage as the company could combine its know-how, to create products that rival indigenous firms. Internalisation Theory This applies to Sony as the company chose to enter the US under its own brand name as opposed to developing the technology and then selling it on to another company. It retained the knowledge, applied it to its new markets and gained an understanding of consumers in these locations. The company also established subsidiaries as opposed to export via distributors. Market Power Approach This theory applies to Sony through the number of mergers and acquisition the company has engaged in over the last 30 years. Sony has embarked upon a number of mergers and acquisitions throughout its history. The companys strategy is to own not only the content of its technology but also the means by which this technology is used. This has encouraged Sony to acquire music, film, and gaming companies, in order to better understand its consumers but also dictate the market. For example, the company has increased its power by being dominant within consumer electronics both nationally and internationally. In 2001, the 50 /50 Joint venture with Ericsson (a mobile communicate infrastructure and systems business based in Sweden) created a separate entity whereby Sony designs, produces and markets cellular phones and accessories. In 2007, the company had revenues of à ¢Ã¢â¬Å¡Ã ¬13 billion, from the sale of 100 million units which is a global market share of 9%. (Uggla and Verick, 2007) The partnership between these two firms establishes the argument that international production is conducted between industrialized countries and their companies. Moreover, this partnership was established so that both companies could gain a competitive advantage over domestic and international rivals. The ability of both companies to exploit the know-how of the partner and move into new industries can be understood through the market power approach. Sony is now active in the global mobile telecommunications industry. This has allowed it to internalise its know how further, and provided instant market presence within a new industry and new international markets. Word Count 3,419 Figure 1.1 Internationalisation Process Figure 1.1 Entry into foreign markets: the internationalisation process (Source: Rugman, 2009) SWOT Analysis STRENGTHS WEAKNESSES Sony is a large corporation, it is able to concentrate and dedicate manpower to product quality, RD, marketing, distribution, etc. The company has very few time and financial constraints. Brand names and company know how Internal management Key products e.g., Sony Playstation Sony designs, manufactures and sells its own products. Sonys return on investment has been low because of the large amount of capital dedicated to its factories. Sonys Return on Equity is typically around 5%, this could be higher. Large workforce OPPORTUNITIES THREATS Focus on BRIC and emerging economies Continue seeking diverse JVs with industry leading companies e.g., Sony Ericsson Continue to develop and improve key consumer electronics, TV, computers, MP3 and wireless technology New growth areas Mobile phone internet technology Outsourced manufacturing to increase Return on Equity Large Organisation Must remain streamline Economic slowdown Interest rate differentials Flat sales, falling profit margins Late comer to key electronic sectors, such as flat-screen TVs and digital videodisc recorders. Appendices Appendix A. Timeline In 1952 Totsuko (Sony) launched a successful tape-recorder business In 1955 Totsuko adopted the name Sony, it was believed that the name had not only universal appeal but also easy to pronounce. The company also launched its first Transistor Radio the TR-55 in this same year. In 1955, Sony enters into an agreement with Delmonico International to distribute it products within the US. In December, 1958 Sony launched its pocket sized radio the TR-63 to the US market. In January 1958, Sony is listed on the Tokyo Stock Exchange. In 1959, Sony decides to distribute its own products. (To protect its brand name) The group established Sony America and Sony Overseas S.A. established near Zurich, Switzerland, in 1960. The group launched the worlds first direct-view portable TV, the TV8-301. (Datamonitor, 2008) In 1961, the group was the first Japanese company to offer shares in the US, in the form of American Depository Receipts (ADRs) on the OTC market of the New York Stock Exchange. In the following year, the group launched the worlds smallest and lightest transistor TV, TV5-303. (Datamonitor, 2008) In 1968, Sony (UK) Ltd. was established in the UK (later recognised as Sony UK Ltd., in 1993). The CBS/ SONY Records Inc. a 50 50 JV with CBS Inc of the US was also established this year. In 1970, Sonys shares were listed on the New York Stock Exchange. In 1971, Sony launched 3/4 -inch u-matic colour video cassette recorder. (Datamonitor, 2008) A factory was established in San Diego, California, in 1972, followed by a factory in Bridgend, Wales in 1974, which served both the UK and Europe. The Betamax VCR, the SL-6300, the worlds first home -use video system was introduced in 1975. (Datamonitor, 2008) In 1979, Sony Prudential Life insurance Co. Ltd, the 50-50 joint venture with Prudential Insurance Co. Of America, was established. (Datamonitor, 2008) In 1979, Sony launched the Walkman, the 3.5 inch micro floppy disk drive in 1981; the worlds first CD player in 1982; the first consumer camcorder in 1983; 8mm video in 1988 and the first digital VTR in 1985. (Datamonitor, 2008) In 1988, the group bought CBS Record to form Sony Music Entertainment, and in 1989, the company purchased Columbia pictures, forming Sony Pictures Entertainment Inc., in 1991. (Datamonitor, 2008) In 1990, Sony acquires 12 business including CBS records INC and Columbia Tristar Pictures. In 1993, Sony Computer Entertainment Inc, was established, during the same time Sony launched the VAIO a home-se PC series. (Datamonitor, 2008) In 2001, the group established Sony Bank in Japan and Sony Ericsson Mobile Communications. (Datamonitor, 2008) In 2001, Sony Ericsson Mobile Communications established In 2002, Sony absorbs Aiwa (a form Japanese audio visual manufacturer) via merger In 2003, Sony launched the worlds first next generation high capacity optical Blu-ray Disc recorder BDZ-S77. (Datamonitor, 2008) In 2004, Sony established a music distribution company, Sony BMG Music Entertainment. (Datamonitor, 2008) In 2005, Sony completed the acquisition of Metro-Goldwyn-Mayer (MGM), one of the worlds largest privately held, independent motion picture, television and home video companies. (Datamonitor, 2008) In 2009, the Sony decided to form a joint venture (JV) with Sharp Corporation. The JV which will be established in March 2010, will engage in the manufacturing and sales of liquid crystal panel and liquid crystal module. (Datamonitor, 2008) Appendix B. Sonys Main Brands Name Type of product Bravia Visual Cybershot Phone Discman Audio Playstation (23) Games Console Trinton Visual Walkman Audio Source: Datamonitor Sony Corporation Appendix C. Sonys Main Competitors Source: Datamonitor Sony Corporation Appendix D. Sonys Business Activities Sony operates through five segments; 1.Electronic, 2.Games, 3.Finance, 4.Pictures and 5. Others Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Source: Datamonitor Sony Corporation Appendix E. Sony Products Source: Datamonitor Sony Corporation
Tuesday, November 12, 2019
Essay --
For decades, America has been the fastest growing economy country in the world, and Detroit was one of the most leading populous city in the United States. Back in 1930, Detroit was the fastest growing city, but now is the fastest shrinking city with more than 100, 000 abandoned homes (Heidi Ewing and Rachel Grady). Similarly, Bay Area economy was the envy of the nation with high employment rates and GDP growth like Detroit in the 1930s, and is currently suffering from losing jobs, residents, and status. Both Detroit and the Bay Area are single resource-based industries - where Detroit is manufacturing dominated, and Bay Area is high technology dominated. However, the Bay Area will not go bankrupt and become a ghost town in fifty years, because its high diversities in the economic opportunities are attracting people to stay and work here. High educated and talented people is the fundamental for the economic development in the cities. In Detroit, many workers in the car industries are either unskilled or low skilled workers with only high school diplomas simply because of those works do not need special talents or skills in order to have the work done. Due to the division of labor, large jobs are breaking down into many tiny components. ââ¬Å"Under this regime each worker becomes an expert in one isolated area of production, thus increasing his efficiencyâ⬠(Adam Smith). Detroit was not creating suitable jobs for high educated or professional people to work there; therefore, it caused the brain drain. Brain drain by definition means ââ¬Å"the departure of educated or professional people from one country, economic sector, or field for another usually for better pay or living conditions (Merriam Webster Dictionary). This means that high skil... ...cars. According to Nancy Andrews, Christopher Kirkpatrick, and Eric Millikin, ââ¬Å"Detroit went on a binge starting around 2000 to close budget holes and to build infrastructure, more than doubling debt to $8 billion by 2012.â⬠Detroit was borrowing money to build these infrastructures that are not capable of doing other things except to build cars; therefore, when other countries cars has found out other ways to make cheap cars and to sell their cars for a cheaper price, Detroit cannot lower their carsââ¬â¢ prices due to their loans for building the infrastructures. However, the Bay Area will not go bankrupt because it is not in debt. In contrast, the Bay Area is gaining a revenue, which the grand total revenue is $6670.6 millions in the year of 2013. In addition, the Bay Area is planning to gain a revenue of $276.92 billions in next twenty eight years (Plan Bay Area).
Sunday, November 10, 2019
Lan Operating Systems Scenarios
Read the three scenarios below, then answer the questions that follow each scenario. 1. You are the network administrator for a new company that has 10 users and plans to add five more users within a year. The files need to be accessed by all 10 users and each user must have different security rights. What kind of network would you install and how would the pieces and components of this network relate to each other? Define each component. For this situation, I would first recommend a server, which an administrator can assign different security rights. Second, I would recommend a star topology network with a central switch. A star topology is the easiest topology to manage and add other devices. The switch is the best central device to use to segment traffic and alleviate collisions that would occur from a hub. The components such as the nodes would connect to the switch, which would allow communication with the other nodes or devices. In addition, Ethernet cables would be needed to connect to the back of the PC or NIC card. 2. You are the network administrator for a company that has a peer-to-peer network. How would the pieces and components of this network relate to each other? Define all of the components of this type of network. In a peer-to-peer network, all of the devices connected to the network share each otherââ¬â¢s resources. This is common in a LAN network that does not have a server. 3. You are the administrator of a client-server environment. What kind of network would you install and how would the pieces and components of this network relate to each other? Define each component of a typical client-server environment. In this scenario, I would again recommend a star topology due to its manageability and scalability. In this model, one would need computers, server, cables, and operating systems. The nodes would go through the switch or router and then that device would get those resources from the serever..
Friday, November 8, 2019
A Review of Brave New World Essay Example
A Review of Brave New World Essay Example A Review of Brave New World Essay A Review of Brave New World Essay Essay Topic: Brave New World A life truly lived What is a life truly lived? Can one be happy all the time? To truly experience all that life has to offer, one must be able to compare the good and the bad. To know what happiness is, one must know sadness and to appreciate the highs, one must overcome the lows. In Brave New World, written by Aldous Huxley, we can see that a life without both good and bad experiences is a flat line and does not complete a person. Bernard was not happy though he was a member of Brave New World, Helmholtz was incomplete though seemingly happy and actually chose a ââ¬Ëless-than-idealââ¬â¢ life while Linda thought she was happy, but when she tried to apply her lifestyle in a new environment, she was unsuccessful and eventually died of overdosing on the one thing she felt was making her happy. Bernard is an excellent example of the flaws in Brave New Worldââ¬â¢s philosophy. Brave New World prides itself on happiness, ââ¬Å"Our civilization has chosen machinery and medicine and happiness. (Huxley, p 234) Though he is part of Brave New World, Bernard does not feel happy because of his height. ââ¬Å"ââ¬â¢Heââ¬â¢s so ugly! ââ¬â¢ said Fanny. [â⬠¦] ââ¬ËAnd then so small. ââ¬â¢ Fanny made a grimace; smallness was so horribly and typically low-caste. â⬠(46) So we know Bernard was short but why should this make him unhappy? Is there not more to life than being tall and ââ¬Ëperfectâ⠬â¢? ââ¬Å"ââ¬â¢He does look glum,ââ¬â¢ said the Assistant Predestinator, pointing at Bernard Marx. â⬠(53) Bernard feels inadequate and therefore feels sad and unfulfilled. He feels like he is not truly living so he rebels against his own society in different ways like, ââ¬Å"[â⬠¦] to say ââ¬ËNo, thank you,ââ¬â¢ and fend off the proffered tube of [soma] tablets. â⬠(54) Eventually, Bernard becomes popular and feels happy however this is a superficial happiness that does not last very long. ââ¬Å"In the end Bernard had to slink back, diminished, to his rooms and inform the impatient assembly that the Savage would not be appearing that evening. The news was received with indignation. The men were furious at having been tricked into behaving politely to this insignificant fellow with unsavory reputation and heretical opinions. â⬠(173). This is, however, a different emotional time for Bernard so he is able to see another side of life and appreciate different circumstances for what they were. Life cannot be lived in a constant state of one emotion because then we would not know what other emotions feel like at all. Bernard could not truly live and experience life until he knew what both happiness and sadness were. To truly live life, we must appreciate it and to appreciate it, we must experience all of it. Helmholtz is another example of a life that has not been truly lived. Helmholtz, by every right should be exceedingly happy because he has everything going for him; he has good looks, he has great intelligence, he is very popular and he is, ââ¬Å"[â⬠¦] every centimeter an Alpha-Plus. â⬠(67) However Helmholtz does not feel fulfilled even though he is happy. Helmholtz feels incomplete and even asks Bernard, ââ¬Å"ââ¬â¢did you ever feel, [â⬠¦] as though you had something inside you that was only waiting for you to give it a chance to come out? Some sort of extra power that you arenââ¬â¢t using ââ¬â you know, like all the water that goes down the falls instead of through the turbines? ââ¬â¢Ã¢â¬ (69) He feels like there is something more to life; something more than just being good at everything or being happy all the time. When it was decided that Helmholtz could no longer be part of Brave New World, he CHOOSES to go to a dismal place where, ââ¬Å"[he] should like a thoroughly bad climate. â⬠(229) Helmholtz understands that life is not all about perfection and asks for imperfection. He asks for hardships to fulfill his life. Helmholtz is a perfect example of a perfect life not being a life truly lived. One needs to know both the good and the bad to feel complete. Linda is yet another example of how a ââ¬Ëperfectââ¬â¢ world view really is not perfect at all. Linda grew up in Brave New World and when she was left behind during her visit to the savage reservation, she did not know any other way of life so she tried to maintain her lifestyle. She believed, ââ¬Å"the way they have one another here. Mad, I tell you, absolutely mad. Everybody belongs to every one else ââ¬â donââ¬â¢t they? Donââ¬â¢t they? â⬠This lifestyle did not make Linda happy at all. She was not living her life the right way and by extension was not living life at all because she only thought she was happy. Her lifestyle did not fit in with the culture in which she found herself and this made her unhappy since, ââ¬Å"ââ¬â¢nobodyââ¬â¢s supposed to belong to more than one person. And if you have people in the ordinary way, the others think youââ¬â¢re wicked and anti-social. They hate and despise you [â⬠¦]â⬠(121). She also tried o continue in her consumerism mentality but this made her angry because, ââ¬Å"it never used to be right to mend clothes. [â⬠¦] Mendingââ¬â¢s anti-social. But itââ¬â¢s all different here. Itââ¬â¢s like living with lunatics. Everything they do is mad. â⬠(121) Linda tried to keep her ââ¬Ëhappyââ¬â¢ lifestyle but realized she was not really happy and then felt li ke life had left her no reason to live. She turned to mescal when she did not have the option of soma and when she finally did get back to her own world, she killed herself by overdosing on a happiness substitute while trying to escape her unhappiness. All Linda wanted was, ââ¬Å"the return to soma, was the possibility of lying in bed taking holiday after holiday, without ever having to come back to a headache or fit of vomiting [â⬠¦]â⬠(154). Linda ââ¬Å"took as much as twenty grammes a day [,] [â⬠¦] [w]hich will finish her off in a month or two. â⬠(154) Linda did not truly live her life and therefore felt like ending it was fine. You cannot live your life in one constant state of happiness or unhappiness and those who do, cannot cope with any changes. A life truly lived, is a life fully experienced. A life truly lived requires one to appreciate all the facets of life, love, happiness, sadness and all emotions, experiences and circumstances one could possibly know. Bernard, Linda and Helmholtz were all supposed to be happy but through their life experiences, found out they were not truly complete. Life needs excitement and excitement includes something changing; something different. We must all experience every emotion to appreciate all of life and all it has to offer. To truly live, we must experience and appreciate all that we can.
Wednesday, November 6, 2019
The Federal Reserve System Coursework Example
The Federal Reserve System Coursework Example The Federal Reserve System Coursework ââ¬â Coursework Example The Federal Reserve System The structure of the Federal Reserve Banks and Board of GovernorsThe structure of the Federal Reserve Banks is a complete one. There are twelve districts where the Federal Reserve Banks are administered with the view of devolving power. Such a system also enables for satisfactory management of the Federal Reserve Banks payment system. The board of governors of each Federal Reserve Bank is constituted of three bankers and three business leaders. Three of the board members are government appointees, and this composition is designed with a view to demonstrating a different perspective in matters pertinent to decision making within the banks. It also helps the government by keeping an eye on issues that are related to decision making. The action of the board of governors and the operations of the banks are governed by laws to forestall any cases of irregularity. One of the recommendations is to improve on marketplace and technological developments such as elect ronic banking. This will help in coping with the increased competition that has been experienced by the private sector (United States, 1996).Independence of the Federal Reserve SystemThe Federal Reserve System ought to be independent of any political influence when undertaking to implement and design its monetary policy. Essentially speaking, economic decisions and measures cannot be left in the hands of the political elite such as the President and the US Congress. For economic development to be spurred and its effects to trickle down to the common man, highly educated and specialized economists who exude substantial experience must be engaged. This will guarantee sound decision making and creation of monetary policies that benefit the common man through extensive research and periodical economic evaluation and analysis.ReferencesTop of FormUnited States. (1996). Federal Reserve System: Current and future challenges require systemwide attention : report to congressional requesters. Washington, D.C: The Office. Bottom of FormTop of FormTop of Form
Sunday, November 3, 2019
Group assignment for bussiness information system
Group for bussiness information system - Assignment Example This shows that the percentage of sales during the promotional sales period is 70.92% which is very high and therefore it indicates that the promotional sales campaigns offered by the cafà © have been very successful. Moreover, the data reveal that the best products sold throughout in the data include the music CDs, bread and coffee. Revenues generated from CDs were equal to $776,813.17. The value of total sales from selling bread were $27,560.59 and there were 3,271 breads sold by the cafà ©. Moreover, after selling 2,495 coffees the cafà © has been able to accumulate $112,354 as revenues. After analyzing the data it has been found that the month of March is the best month for The Broadway Cafà ©. The total sales that have been report by the cafà © in the month of March have a value of $575,843.30. However, this figure does not include the return or refund sales which have a value of $6,504.20. Therefore the net sales or revenues generated from the month of March were equal to $569,339.10. This shows that the percentage of total sales in the month of March is equal to 28% of the total sales. Moreover, the least transaction occurred in the month of September. There have been several problems in the data and therefore these problems could influence the findings presented in the report. For instance, there have been several entries missing in the data and if these entries are recorded appropriately then the findings could have been changed. For instance, as it has been found that the month of March has the highest sales, and September has the lowest sales but what if several transactions for the month of September are missed. Therefore, these issues could influence the findings of the data and thus the analysis that has been based on the missing data can be changed. Moreover, there are certain mistakes or data entered seems to be inaccurate as customer number 6541 purchased coffee of $1,549 in the first month of year 2005 which clearly seems
Friday, November 1, 2019
American printing Term Paper Example | Topics and Well Written Essays - 750 words
American printing - Term Paper Example This was a time that the printing industry underwent intense discrimination by the government. Between 1600 and 1800, the printing industry had an established affiliation with the business community. This is because the newspapers would significantly spearhead business transactions through the reliable and efficient communication. Despite of this trend in business, the religious institutions criticized the printing industry. According to the religious institutions, the printing industry would bring emergence of sects. It would also inculcate intense disobedience to the existent leadership. Therefore, the printing industry had diverse affiliations with the different social institutions. Women had a vital role in the printing industry. They contributed to the politics and business of the printing industry. Mrs Glover was a major spearhead in the business and politics of the printing industry in America (Ingersoll, 147). Upon her arrival in Harvard College, she initiated a printing ente rprise that produced pleasant materials to the public. For instance, her enterprise produced ââ¬Å"The Freemanââ¬â¢s Oathâ⬠in 1639 (Ingersoll, 147). This was a publication that attracted attention from the masses. Her enterprise oversaw the establishment of other investments in printing. Evidently, Mrs Glover takes a paramount ground in the development of American printing industry. The printing industry entailed diverse publications that targeted diverse groups. The publications that targeted the women had substantial market. For instance, the publications on fashion had outstanding markets as the young ladies had zeal for fashion (Leonard, 6). Therefore, the women had a significant contribution to the development of the printing industries through massive purchases. There were a set of controversies that arose against diverse printers. Zengler was an example of the victims of controversies. Majority of the publications evaluated the level of justice within American leade rship. In this case, the printers would initiate satirical articles within the publications in the quest for justice. Zengler was one of the major voices in ancient American printing industry. In 1734, he directed satirical attacks towards New Yorkââ¬â¢s Governor (Olson, 223). William Cosby was the Governor during this era. During the court proceedings, Zenglerââ¬â¢s lawyer conceded that his client had done the publications. However, he challenged the jury to clear Zengler if the satirical attacks were based on truth (Olson, 223). Ultimately, Zengler was cleared by the court. This indicates that the satirical attacks initiated by Zengler were perfect truth. Evidently, American printers suffered legal controversies upon their artistic revelations of truth in their publications. There was intense difficulty upon setting a printing enterprise. Finances were a main struggle that struck the prospective printers (Frasca, 13). In this case, printers had to accumulate finances to init iate an enterprise. They underwent a lengthy process of accumulating finances for their printing enterprises. Despite of the struggle, the print enterprises had ultimate rewards. They would disseminate printed information to the public at a fee. This would be an income generating activity to them. The printing figure had a significant role in the main events of America. It was a major spearhead in Americaââ¬â¢
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