Offshoring The Future Of Our Economy Essay - 1464 Words

Offshoring: The Future of Our Economy Outsourcing jobs to foreign countries or offshoring is often viewed as the demise of the American economy. A more accurate view of offshoring is that it is the groundwork for the future of our economy. By enabling businesses to conserve costs, grow and have access to a large untapped pool of talent, offshoring is essentially securing the stability of our economy by securing the vitality of our businesses. In order to remain or become competitive in todays economy, US based companies must outsource jobs to foreign countries. The cost savings that can be derived from hiring employees in underdeveloped countries such as India or China are astounding. According to Agrwa and Farrell (2003), For†¦show more content†¦Francillon, personal communication, April 27, 2006). If a company were to choose China for their offshore location, they would have no employer healthcare costs because the government of China provides social medicine for its citizens. Employer sponsored healthcare coverage is one of the highest priced benefits an employee received. The cost of healthcare is only topped by federally required benefits, such as FICA, federal and state unemployment and workers compensation. The cost of federally required benefits in 2004 added an additional $2.07 an hour to an associates salary (EBRI, 2005). Of course, these costs do not have to be paid when the employee lives in another country. The most innovative companies in the world, while very different in service and style, share one common factor. They all outsource jobs to foreign countries. According to an ongoing survey from the Offshoring Research Initiative, growth is rapidly gaining on costs savings as the most common reason companies outsource. Growth is the goal of all companies. Growth creates profit, and profit creates more growth. For example, Apple saw stock returns of 24.6% between 1995 and 2005 and it is no surprise that their margin of growth in that same timeframe was 7.1% (McGregor, 2006). At IBMs innovation themed leadership forum last April, a man named Sunil B. Mittal gave a speech explaining how he created growth in his telecom company by outsourcing all functions with the exception ofShow MoreRelatedThe Negatives And Positives Of Offshoring1012 Words   |  5 PagesIn this paper the negatives and positives of offshoring are discussed. Offshoring has become a way of life for many businesse s. It is widely accepted that offshoring is a strategic business decision. Many organizations are taking advantage of these opportunities because of the benefits to them and their customers. In order to compete with other companies many businesses are finding it necessary to outsource to other countries. Offshoring has produced some economic benefits but it has also createdRead MoreOutsourcing Is An Alternative For Modern Economic Development1031 Words   |  5 Pagesonly manufacture products in other countries, but also employ and develop jobs in other countries in which reality should be available in the United States. Outsourcing as it may seem beneficial to the companies that employ it, actually harms the economy by decreasing the job market that is present in the United states. Offshore outsourcing has a strong potential to affect a variety of jobs ranging from low paid low and skill jobs to high paid and skill jobs. A princeton economist had predicted thatRead MoreEssay on Offshore Outsourcing1661 Words   |  7 PagesOutsourcing Currently, it has been reported that many of our jobs, as much as one out of every three private-sector jobs are being sent overseas. What is offshore outsourcing? Outsourcing occurs when a firm subcontracts a business function to an outside supplier. Outsourcing is mainly the result of companies who will always pursue the lowest-cost structure, which means less skilled work will move out of the U.S. to emerging economies. Many believes that this is a good thing, becauseRead MoreExploring The Possibilities Of Local Manufacturing And Food Market1705 Words   |  7 PagesThis paper will explore the possibilities of local manufacturing and food market reconstitution. Both topics present the question what is best the future of America? As consumer’s we have the opportunity to bring awareness and doing our part to help boost the local economy with our purchasing power. Individuals can help progress the economy in their community and overall in the United States by supporting local manufacturing or purchasing products â€Å"Made In USA† and by buying from local food marketsRead MoreGlobalization Is Beneficial Or Just About Everyone1343 Words   |  6 PagesThe conventional view has it that globalization is beneficial to just about everyone. Through globalization economies all over the world, rich and poor, grew at a faster pace and incomes of workers have risen through and through. Technology has allowed globalization to reach further into the future and the US government has pursued its own corporate agenda through that. Over the years in the United States, economic growth has slowed, worker’s incomes have become stagnate, and the fracturedRead MoreOutsourcing Tax And Audit Procedures : Implications For U.s.820 Words   |  4 Pagesreading the article â€Å"Offshoring Tax and Audit Procedures: Implications for U.S.-Based Employee Education†, it never even occurred to me that certain accounting works could be outsourced overseas. Accounting requires specifically trained knowledge and skills, unlike most traditional offshoring occupations such as customer service. I have always believed accounting is one of the most secure jobs, because every individual and company needs accountants regardless of whether the economy is going up or downRead MoreGlobalization and Outsourcing6341 Words   |  26 PagesThe quote introduces, in its broadest sense, the issue discussed in this paper. While the general idea of globalization is not our primary focus in this report, one of the most controversial subjects to arise out of the globalization phenomenon, offshore outsourcing, is of particular interest to us. Offshore outsourcing (hereafter used interchangeable with offshoring) has been around for some time now. The pressure to transfer business processes over-seas first came from Japan in the 1960s, thenRead MoreOutsourcing : Outsourcing And Outsourcing1840 Words   |  8 Pagesoffshore outsourcing, is absolutely necessary and helps our country s economy. Outsourcing helps a company focus on those things it does best and hence increase its top line revenues while reducing costs. Outsourcing has provided organic growth to the United States corporations and enabled them to compete more effectively in global markets. This paper seeks to explore what outsourcing is, what the difference between outsourcing and offshoring is, what effects it has on individuals, firms, countriesRead MoreMy School Of Media Arts And Design821 Words   |  4 Pageswere to a capitalist economy, or that I could apply my skills as a fraud examiner for the FBI. The more I learned ab out the profession, the more I learned about the significant role accountant’s play in today’s society. As I continued my studies in accounting, my teachers emphasized the importance of accounting in our economy. I learned how integral accounting is to the business world. Without accountants, the investing public would have no trust in the capital markets, and our stock market wouldRead MoreReassessment of International Instruments in the Field of Migration1026 Words   |  5 Pagesof ethnicities and cultures, mixing of which with the ethnic groups and cultures of the host countries may not always have predictable effects and features. At the same time, according to many experts, neither North America nor Europe in the near future are able to do without a constant inflow of immigrants from as far east as Asia, as far south as Africa and Latin America. A direct consequence of the large-scale migration has been the actual formation of multinational states, accompanied by the

Isolation in Wuthering Heights Free Essays

Wuthering Heights, by Emily Bronte, is set in the detached Yorkshire moors during the early nineteenth century and depicts the lives of two contrasting families. Because Wuthering Heights was written during the Romanticism movement, many characteristics of the movement are reflected by the novel. The characters’ reasons for becoming isolated are universal and can be connected to situations found in modern music. We will write a custom essay sample on Isolation in Wuthering Heights or any similar topic only for you Order Now Bronte reveals universal aspects of the human condition by highlighting the manner in which the characters become isolated- either by their own choice or unintentionally.Catherine has made herself ill by refusing food and drink for days. Believing she is on the verge of death, Catherine becomes hysterical and remembers her childhood with Heathcliff. During this episode, Catherine reveals her true feelings about her marriage to Edgar and her longing to be a child again. â€Å"I had been wrenched from the Heights, and every early association†¦ at that time, had been converted at a stroke into Mrs. Linton.. . : an exile, an outcast† (pg. 118). Catherine has unintentionally isolated herself from where she belongs and is miserable in the high-society culture of Thrushcross Grange.Although Catherine believed raising her social status and obtaining material objects would make her happy, it is not the case. Catherine does not fit in with the mannered and refined society at the Grange and realizes she truly belongs with Heathcliff. Catherine longs to be a child again because she had freedom in nature with Heathcliff, her true love. A similar situation occurs in A Billion Ernies’ â€Å"Hermit Crab†. In this song, the anonymous speaker feels tortured and alone although they have all the material objects one could wish for. This is torture at its finest state/ My blankets are warm and there’s too much on my plate/ †¦ but I think I’ll sleep under the stars tonight/†¦ I feel content.. . lying on a rock, sleeping in a tent/†¦ I’ve got everything I need right here/ I thought I had it all† (A Billion Ernies). Warm blankets, a plate of food and a glowing fireplace do not satisfy the speaker. The speaker feels isolated in her/his current situation and longs to be free. Having freedom in nature fulfills the speaker more than having materialistic wealth. The speaker in â€Å"Hermit Crab† and Catherine were isolated in their situations although they had material riches.Both realize where they truly fit in, where they could be free from isolation, and no longer believe material objects and riches lead to happiness Catherine Linton has recently given birth to a child and passed away. Shortly thereafter, Isabella unexpectedly arrives at the Grange flustered and upset. Isabella tells Nelly of a violent fight between Hindley and Heathcliff, which has caused her to run away. These evens cause Edgar Linton much grief and he to chooses to isolate himself from society. â€Å"He refrained from going anywhere where he was likely to see or hear of Heathcliff. Grief, and that together, transformed him into a complete hermit† (pg. 173). Edgar Linton experiences intense grief as a result of the death of Catherine Linton and the fleeing of Isabella and isolated himself at the Grange. These events cause Edgar to question where he belongs and his purpose in the world, which he contemplates while isolated. Similarly in â€Å"What Hurts the Most†, by Rascal Flats, the anonymous speaker is lamenting the loss of a loved one. The speaker’s loved one passes away before he has a chance to say everything he wants to her, which is what hurts him the most. It’s hard to deal with the pain of loosin’ you everywhere I go. .. / It’s hard to force that smile when I see our old friends and I’m alone/ Still harder gettin’ up, gettin’ dressed† (Rascal Flats). The speaker finds it difficult to live without his loved one and see the friends of his loved one. Simply getting up in the morning is difficult for the speaker because he is now questioning the world. After the death of a significant person, facing society is difficult and sorrow causes isolation and confusion. Many of the universal, everlasting truths of the Romantic movement are still present in prose today. Even in today’s society, people feel isolated when they do not belong in a place, no matter what the reasons. Worldly objects do not bring happiness and only a sense of belonging brings freedom from isolation and peace of mind. Also, even in modern times, the loss of someone close causes mixed emotions about life and a person’s sense of belonging. The death of a loved one continues to cause such intense lamentation that a person may choose to isolate himself/herself from society. The human condition is timeless. How to cite Isolation in Wuthering Heights, Papers

The Arc free essay sample

Type the question followed by your answer to the question. 3. In addition to the four to six (4-6) pages required, a title page is to be included. The title page is to contain the title of the assignment, your name, the instructor’s name, the course title, and the date. Note: You will be graded on the quality of your answers, the logic/organization of the report, your language skills, and your writing skills. Determine the impact of this event on ARC’s â€Å"benefits of business ethics† (employee commitment, investor loyalty, customer satisfaction, and bottom line). The ARC touches millions of lives each year. ARC employees and volunteers help keep the public prepared by responding to natural disasters as well as personal emergencies. The ARC is a common household name especially when wishing to volunteer ones time or to giving blood on a repeated basis. The ARC is also well known for providing lifesaving skills such as CPR and first aide. We will write a custom essay sample on The Arc or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Employee commitment has had a huge impact on the success of the ARC. The ARC currently consists of half a million volunteers and 35,000 employees. The ARC is made up of more than 700 local chapters across the country. Executive turnover has also been an issue in the past decade. The constant executive turnover has resulted in a weakened organizations ability to carry out its federal mandate. The ARC decided to address some organizational changes that would benefit the organization and its employees. The ARC Code of Business Ethics and Conduct was finally updated in January 2007. All employees and volunteers were required to read and sign the two page document. The ARC implemented a twenty four hour confidential anonymous hotline, the â€Å"Concern Connection Line,† that provides ARC staff, volunteers, and members of the public a way to report concerns or to ask questions regarding potentially illegal, unsafe, or unethical conduct. Investor loyalty refers to when a business is ethical, investors are not afraid to invest in the company because they know they will make a profit. After September 11, monetary donations poured in at astronomical rates. A separate fund was set up called the â€Å"Liberty Fund† especially for 9/11 victims. However, only less than one third of the funds were distributed to 9/11 relief efforts. Soon after, the ARC announced that more than half of the donated money that came in for 9/11 victims would be spent to increase the organization’s ability to prepare for and respond to future catastrophes instead. Many investors felt that this decision was unethical because the funds were initially donated specifically for 9/11 victims. Customer satisfaction as a society is a necessity to making profit. The ARC takes great pride in making customers happy by providing assistance to people in need. They also try to resume ethical best practices and genuine efforts for all who are involved and associated with ARC. Although the ARC assumes that all employees will be ethical without direction and training has been a concern for the media and for stakeholders. Most people do want to do the right thing and practice ethical behaviors but a few bad apples in ARC’s past has placed somewhat of a tarnished reputation to some. Bottom line Determine and discuss the role that ARC’s stakeholder orientation played in this scenario.

Free Essays on Facism

Facism Fascism is a form of counter-revolutionary politics that first arose in the early part of the twentieth-century in Europe. It was a response to the rapid social upheaval, the devastation of World War I, and the Bolshevik Revolution. Fascism is a philosophy or a system of government the advocates or exercises a dictatorship of the extreme right, typically through the merging of state and business leadership, together with an ideology of aggressive nationalism. Celebrating the nation or the race as an organic community surpassing all other loyalties. This right-wing philosophy will even advocate violent action to maintain this loyalty which is held in such high regards. Fascism approaches politics in two central areas, populist and elitist. Populist in that it seeks to activate "the people" as a whole against perceived oppressors or enemies and to create a nation of unity. The elitist approach treats as putting the people's will on one select group, or most often one supreme leader called El Duce, from whom all power proceeds downward. The two most recognized names that go along with Fascism is Italy's Benito Mussolini and Germany's Adolf Hitler. The philosophy of Fascism can be traced to the philosophers who argue that the will is prior to and superior to the intellect or reason. George Sorel, Friedrich Nietzsche, and Georg Hegal are main philosophers who's beliefs and ideologies greatly influenced the shaping of Fascist theory. Sorel (1847-1922) was a French social philosopher who had a major influence on Mussolini. Sorel believed that societies naturally became decadent and disorganized. This decay could only be slowed by the leadership of idealists who were willing to use violence to obtain power. Nietzsche (1844-1900) theorized that there were two moral codes: the ruling class ( master morality) and the oppressed class (slave morality). Nietzsche believed the ancient empires were developed from t... Free Essays on Facism Free Essays on Facism Facism Fascism is a form of counter-revolutionary politics that first arose in the early part of the twentieth-century in Europe. It was a response to the rapid social upheaval, the devastation of World War I, and the Bolshevik Revolution. Fascism is a philosophy or a system of government the advocates or exercises a dictatorship of the extreme right, typically through the merging of state and business leadership, together with an ideology of aggressive nationalism. Celebrating the nation or the race as an organic community surpassing all other loyalties. This right-wing philosophy will even advocate violent action to maintain this loyalty which is held in such high regards. Fascism approaches politics in two central areas, populist and elitist. Populist in that it seeks to activate "the people" as a whole against perceived oppressors or enemies and to create a nation of unity. The elitist approach treats as putting the people's will on one select group, or most often one supreme leader called El Duce, from whom all power proceeds downward. The two most recognized names that go along with Fascism is Italy's Benito Mussolini and Germany's Adolf Hitler. The philosophy of Fascism can be traced to the philosophers who argue that the will is prior to and superior to the intellect or reason. George Sorel, Friedrich Nietzsche, and Georg Hegal are main philosophers who's beliefs and ideologies greatly influenced the shaping of Fascist theory. Sorel (1847-1922) was a French social philosopher who had a major influence on Mussolini. Sorel believed that societies naturally became decadent and disorganized. This decay could only be slowed by the leadership of idealists who were willing to use violence to obtain power. Nietzsche (1844-1900) theorized that there were two moral codes: the ruling class ( master morality) and the oppressed class (slave morality). Nietzsche believed the ancient empires were developed from t... Free Essays on Facism Fascism Fascism is a form of counter-revolutionary politics that first arose in the early part of the twentieth-century in Europe. It was a response to the rapid social upheaval, the devastation of World War I, and the Bolshevik Revolution. Fascism is a philosophy or a system of government the advocates or exercises a dictatorship of the extreme right, typically through the merging of state and business leadership, together with an ideology of aggressive nationalism. Celebrating the nation or the race as an organic community surpassing all other loyalties. This right-wing philosophy will even advocate violent action to maintain this loyalty which is held in such high regards. Fascism approaches politics in two central areas, populist and elitist. Populist in that it seeks to activate "the people" as a whole against perceived oppressors or enemies and to create a nation of unity. The elitist approach treats as putting the people’s will on one select group, or most often one supreme leader called El Duce, from whom all power proceeds downward. The two most recognized names that go along with Fascism is Italy’s Benito Mussolini and Germany’s Adolf Hitler. The philosophy of Fascism can be traced to the philosophers who argue that the will is prior to and superior to the intellect or reason. George Sorel, Friedrich Nietzsche, and Georg Hegal are main philosophers who’s beliefs and ideologies greatly influenced the shaping of Fascist theory. Sorel (1847-1922) was a French social philosopher who had a major influence on Mussolini. Sorel believed that societies naturally became decadent and disorganized. This decay could only be slowed by the leadership of idealists who were willing to use violence to obtain power. Nietzsche (1844-1900) theorized that there were two moral codes: the ruling class ( master morality) and the oppressed class (slave morality). Nietzsche believed th...

Killer Whale (Orca) Facts

Killer Whale (Orca) Facts With their striking black and white markings and prevalence at marine parks, the killer whale, also known as the orca or Orcinus orca, is probably one of the most easily-recognized cetacean species. The largest of the dolphin species, orcas live in oceans and seas around the world and can grow to 32 feet long and weigh up to six tons. The name killer whale originated with whalers, who called the species whale killer because of its tendency to prey on whales along with other species such as pinnipeds and fish. Over time, perhaps because of the whales tenacity and ferocity in hunting, the name was switched to killer whale. Fast Facts: Killer Whales (Orcas) Scientific Name: Orcinus orcaCommon Name(s): Killer whale, orca, blackfish, grampusBasic Animal Group:  Mammal  Ã‚  Size:16–26 feetWeight: 3–6 tonsLifespan: 29–60 yearsDiet:  CarnivoreHabitat:  All oceans and most seas with a preference for northern latitudesPopulation:  50,000Conservation  Status:  Data Deficient Description Killer whales, or orcas, are the largest member of the Delphinidae- the family of cetaceans known as the dolphins. Dolphins are a type of toothed whale, and members of the Delphinidae family share several characteristics- they have cone-shaped teeth, streamlined bodies, a pronounced beak (which is less pronounced in orcas), and one blowhole, rather than the two blowholes found in baleen whales. Male killer whales can grow to a maximum length of 32 feet, while females can grow to 27 feet in length. Males weigh up to six tons while females can weigh as little as three tons. An identifying characteristic of killer whales is their tall, dark dorsal fin, which is much larger in males- a males dorsal fin can reach a height of six feet, while a females dorsal fin can reach a maximum height of about three feet. Males also have larger pectoral fins and tail flukes. All killer whales have teeth on both their top and bottom jaws- 48 to 52 teeth in total. These teeth can be up to 4 inches long. Although toothed whales have teeth, they dont chew their food- they use their teeth for capturing and tearing food. Young killers whales get their first teeth at 2 to 4 months of age. Researchers identify individual killer whales by the size and shape of their dorsal fins, the shape of the saddle-shaped, light patch behind the dorsal fin, and scars or marks on their dorsal fins or bodies. Identifying and cataloging whales based on natural markings and characteristics is a type of research called photo-identification. Photo-identification allows researchers to learn about the life histories, distribution, and behavior of individual whales, and more about species behavior and abundance as a whole.   wildestanimal/Getty Images Habitat and Range Killer whales are often described as the most cosmopolitan of all cetaceans. They can be found in all oceans of the world, and not just in the open ocean- near shore, at the entrance to rivers, in semi-enclosed seas, near the equator, and in polar regions covered with ice. In the United States, orcas are most commonly found in the Pacific Northwest and Alaska. Diet Killer whales are at the top of the food chain and have very diverse diets, feasting on fish, penguins, and marine mammals such as seals, sea lions, and even whales, employing teeth that can be four inches long. They are known to grab seals right off the ice. They also eat fish, squid, and seabirds. Gerard Soury/Getty Images Behavior Killer whales may work in pods to hunt their prey and have a number of interesting techniques to hunt prey, which includes working together to create waves to wash seals off ice floes and sliding onto beaches to capture prey. Killer whales use a variety of sounds for communicating, socializing and finding prey. These sounds include clicks, pulsed calls, and whistles. Their sounds are in the range of 0.1 kHz to about 40 kHz. Clicks are primarily used for echolocation, although they may also be used for communication. The pulsed calls of killer whales sound like squeaks and squawks and appear to be used for communication and socialization. They can produce sounds very rapidly- at a rate of up to 5,000 clicks per second. You can hear killer whale calls here on the Discovery of Sound in the Sea website. Different populations of killer whales make different vocalizations, and different pods within these populations may even have their own ​dialect. Some researchers can distinguish individual pods, and even matrilines (the line of relationship that can be traced from one mother to her offspring), just by their ​calls. Danita Delimont/Getty Images Reproduction and Offspring Killer whales reproduce slowly: Mothers give birth to a single baby about every three to 10 years, and pregnancy lasts for 17 months. Babies nurse for up to two years. Adult orcas generally help mothers to care for their young. While young orcas may separate from their birth pod as adults, many stay with the same pod throughout their lives. Male and female orcas. Kerstin Meyer / Getty Images Threats Orcas, like other cetaceans, are threatened by a range of human activities including noise, hunting, and habitat disturbance. Other threats faced by killer whales include pollution (orcas can carry chemicals such as PCBs, DDTs and flame retardants that can affect the immune and reproductive systems), ship strikes, reduction of prey due to overfishing, and loss of habitat, entanglement, ship strikes, irresponsible whale watching, and noise in the habitat, which can affect the ability to communicate and find prey. Conservation Status The International Union for Conservation of Nature had, for years, described orcas a conservation dependent. They changed that assessment to data deficient in 2008 to recognize the probability that different species of killer whales experience different levels of threat. Species Killer whales were long considered one species- Orcinus orca, but now it appears that there are several species (or at least, subspecies- researchers are still figuring this out) of orcas. As researchers learn more about orcas, they have proposed separating the whales into different species or subspecies based on genetics, diet, size, vocalizations, location and physical appearance. In the Southern Hemisphere, proposed species include those referred to as Type A (Antarctic), large type B (pack ice killer whale), small Type B (Gerlache killer whale), Type C (Ross Sea killer whale), and Type D (Subantarctic killer whale). In the Northern Hemisphere, proposed types include resident killer whales, Biggs (transient) killer whales, offshore killer whales, and Type 1 and 2 Eastern North Atlantic killer whales.   Determining species of killer whales is important not only in gaining information about the whales but in protecting them- it is difficult to determine the abundance of killer whales without even knowing how many species there are. Killer Whales and Humans According to Whale and Dolphin Conservation, there were 45 killer whales in captivity as of April 2013. Due to protection in the U.S. and restrictions on trade, most parks now obtain their killer whales from captive breeding programs. This practice has even been controversial enough that SeaWorld stated in 2016 that it would stop breeding orcas.  While the viewing of captive orcas has likely inspired thousands of budding marine biologists and helped scientists learn more about the species, it is a controversial practice due to the potential effects on the whales health and ability to socialize naturally. Sources â€Å"Orcas: Killer Whales Are the Larges Dolphin Species.†Ã‚  Orcas (Killer Whales): Facts and Information, 25 Mar. 2019, www.nationalgeographic.com/animals/mammals/o/orca/.NOAA. â€Å"Killer Whale.†Ã‚  NOAA Fisheries, www.fisheries.noaa.gov/species/killer-whale.â€Å"Orca.†Ã‚  National Wildlife Federation, www.nwf.org/Educational-Resources/Wildlife-Guide/Mammals/Orca.

Commerce law in the land of Middle Kingdom Research Paper

Commerce law in the land of Middle Kingdom - Research Paper Example In order to successfully conduct business in China, the IBs must traverse a, at times, thorny path of ethical and social culture challenges. Elements that influence Differences in Social Culture Values, and ethics drive what shape the social culture of given country will be in. Culture is a collection of widely accepted values, ethics, and beliefs held by the group. For example, Chinese culture is very heavily influenced by Confucius beliefs and values of collectivism, group over individualism. Chinese culture takes a very hierarchical structure of social life, cultivation of morality and self-restraint, and the emphasis on hard work and achievement (Fogel, 2010).  With each country, place or group, these elements change which results in a variation or difference in social culture. However as time goes by, whether through external factors or driven by necessities of survival, these values, beliefs and ethics will evolve which will result in a change within the social culture. Busin ess and economic implications of differences in culture and values How business and economics function is different in every place. Differences in culture and values are one of the primary reasons behind this simple fact. What is considered acceptable in one country is not acceptable in another (most stated example, bribes). Economic policies are driven by culture and values while business conduct is governed by cultural norms and common practices found within the group. At times the difference in culture and values can become a barrier to conducting business. International business and trade is similar to dancing a very carefully choreographed dance except that one dance is interpreted different in each country. A failure to adhere to the steps in that dance in a given country could be the difference between a disastrous business venture and a successful entry into an international market. Culture and values drive the principals and influence the manner in which business is conduct ed and economics are established. Social culture’s influence on work place values Social culture will define what is considered acceptable and appropriate at a work place. It will shape the policy at work and define the roll of given individuals and importance of their place amongst the ranks, as well as guidelines for conducting business. Given the hierarchical nature of Chinese culture, the rank of an individual employee plays a very important role within the organization (Fogel, 2010).  Social culture and aspects of social life norms will also influence how business is conducted on the domestic and international stage. The principal of Guanxi – concept of drawing on connections – is an important aspect of Chinese culture. It’s based on the principal of creating a personal network on the basis of favors, associations (belonging to the same trade association or group) and other social connections (same city of origin, close association through years of working together). At times companies have been unable to conduct business with some form of guanxi. Luo (2007, p 7) talks about how cosmetics manufacturer Avon, initially, unable to convince the Chinese government about the viability of its direct marketing method, requested the assistance of Hong Kong’s Bank of East Asia director David Li. Li is known for having a very well known and influential guanxi with ties into the central Chinese government, which he used to assist Avon in establishing a communication link and push through a deal between Avon and

How did the wartime mobilization affect American politics what were Essay

How did the wartime mobilization affect American politics what were the provisions of the GI Bill what was important about the 1944 presidential election - Essay Example Introduction of railway and conscription made mobilization an issue. Societal changes and the technology promoted the move toward a more organized way of assembling armies. Although, the benefits of wartime mobilization did not create a level playing field for most Americans, there was transformation among the people and the nation at large (it finished taking the United States out of the Great Depression) (Rosenberg, p629). The opportunity and obstacles that came either wartime mobilization affected the people the very way they vied themselves in the society. For instance, women moved into jobs that were largely dominated by men, hence changing the role of women in the society. Furthermore, mobilization brought about civil rights; Africa Americans serving in were less likely to be segregated. The GI BILL was created to assist the World War II veterans. It provides low –interest rate mortgages, established hospitals, and it provided stipends covering expenses and tuition for veterans attending trade schools or colleges. The GI BILL is termed as one on most significant piece of legislation to be produced by the federal government. It had influenced the economic, social, and political status of the United States (Humes, p110); however, it almost never came to be due to the debate on the provisions of the GI BILL. However, despite all the differences they agreed that the veteran must be helped to be able to assimilate into the civilian life. It also was commonly referred to as the GI BILL of rights. As much as the congress was giving a chance for redemption some, saw it as a genuine attempt to thwart a looming economic and social crisis. Others saw inaction as a way of welcoming another depression. In 1944, the dominant issues at that time were war and peace. Therefore, the candidates were judged by their ability to compete with the war effort United States being the