International business Essay Example for Free

International business Essay Global or regional integrator strategy would be the dominant market player in Asia and Latin America. The aim of this strategy is to give strength the strategic relation between regions in the social political and economic sphere. It helps in encouraging economic relations through investment which will help in innovation, technological development, and competitiveness in the industries and it also helps the industry to become efficient and earn profits (Frank 2007 p98). By Asia and Latin America adopting the regional or global integrator strategy in air line and telecommunication industries, it will lead to revival of trade in the regions or globally which will result to sustained growth, creation of jobs and elimination of poverty. Regional integrator strategy leads to increased openness and major economic reforms In industries used in regional simulations the best strategies to use is regional or global integrator because industries in such integrations will be in a position to acquire the best technology and expertise which will help the Latin America Asia to provide competitive and quality services in the airline and telecom industries. For full region integration in Asia and Latin America the appropriate strategy to use is global integration because this will help the company do sell its services globally without restriction which will help the company to have increased sales and profits. Incase of high uncertainty, the appropriate strategy to use is specialist strategy which will help Asia and Latin America to specialize their airline and telecom industries in the countries that are promising and leave those with high uncertainty level of performance. Regional risks There are a number of endemic risks in Latin America and Asia. Malaria is one of the risks which is spread by the anopheles mosquito which mostly bites at night. It is mostly found in Indonesia, India, some parts of South Korea and some parts of China. In Latin America malaria is also an endemic risk and a major public health. It kills about one million people in a year and remains a threat to Asia and Latin America The other risk to the travelers in Asia and Latin America is dengue which is a viral infection vector borne disease (Andrew Peter 2000 p 121). Transmission occurs in both urban and rural areas but the highest risk is in urban areas. Cholera is an endemic risk to both Latin America and Asia. It is caused by eating or drinking food or water which is contaminated Some risks are not common in the two regions like bird flu is a risk in Asia but not in Latin America. It is caused by influenza A virus and it is a great threat to human beings. On the other hand, yellow fever is an endemic risk in Latin America but not in Asia. It is a serious haemorrhagic disease transmitted by those mosquitoes that are infected. The disease has no cure and treatment is only used for reducing the symptoms. In Latin America still Chagas disease is endemic and thirteen million people are infected. It is usually transmitted by contamination of a person who has parasite feases of a triatomite bug. Global companies should address these risks and uncertainties in Latin America and Asia by making sure the travelers are given the right vaccines and repellants before they travel to these areas with these risks and uncertainties. They should also make sure that the right preventive measures are put in place to protect the travelers. Travelers should be trained to observe health when they go to such areas in order to avoid the water borne diseases. Consumer markets in Asia and Latin America In Asia there is high increase in population which has resulted to increase in spending power thus attracting many multinational corporations. On the other hand Latino represents the largest minority in the country but it is the fastest ethnic growing group. The purchasing power is estimated to be one consumer out of every eight residents and thus companies are also targeting this market (Robles, Simon Haar 2003 p 249). In Latin America high population of the young youths is also a driving force in this consumer market and it s taken as a business opportunity. In Asia youths have a high market value though they are influenced by the western media. In Latino market high population is concentrated in the urban area which makes it easy for geographical targeting. On the other hand population in Asia is spread in urban and rural areas making it hard to target a certain area. On cultural issues in Latin America people experience different levels of tension in culture. Those with low cultural tension expose themselves to non Latino things while those with high cultural tension emphasize their culture as a unique one. In Asia there is ethnic and language differences and thus marketers and media must put this into consideration. Asians hold to their cultural roots and so their buying behaviour is affected very much by their culture. These markets can be segmented geographically, on the basis of language segmentation and on cultural basis. Paths followed from local to regional and eventually global Companies can take different paths from localization to regionalization and finally to globalization. One of the paths is by being a diversified national champion, then a narrow regional integrator, high focused broad regional champion and finally high focused multinational company (Frank2003 p249). The other path can be highly focused national champion, to highly focused narrow regional champion to highly focused broad regional champion and finally to highly focused global multinational company. The third path is diversified national champion to narrow region integrator to broad regional integrator and finally to diversified global integrator. The other path can be national specialists to narrow regional specialists to broad regional specialist and finally global specialist. Factors that dictate which paths a firm is supposed to take are the maturity of the product, whether it is a weak or strong differentiated firm, the strength of the marketing skills and also whether the firm is highly skilled or not. The other factors that also determine the regionalization and globalization of a firm include customers, regulations, infrastructure and culture. The advantages that a firm needs to develop from one level to another include, minimization of risks, innovation, making more profits and being efficient. The Latin America airline company followed the path of first being a diversified national champion, then it went to narrow regional integrator to broad regional integrator and finally to diversified global integrator. It gained high profits, became efficient and was able to adopt new skills and technology (Robles, Simon Haar 2003 p 249). The Asian airline followed the path of being a national specialist to narrow regional specialist then it moved to broad regional specialist and finally to global specialist. The Asian airline company gained some advantages like gaining high profits and being efficient due to specialization.

Charlotte Perkins Gilmans The Yellow Wallpaper -- short story analysis

The short story â€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman has a very negative tone towards the treatment of mental patients in the late nineteenth century. One of the first ways Gilman helps to deliver the subject about the treatment of mental patients is through irony. â€Å"So we took the nursery at the top of the house.† This at first seams very nonchalant when read over, however once the reader READS into it, the irony becomes very evident. How this full grown woman who has recently become a mother, must stay in the nursery, without her child because she is mentally ill. The negative tone comes into play when it is realized that she is being kept in the nursery because John, her husband and doctor, is treating her like a child and is forcing her to stay in the room designated of a child. Gilman also her negative view on how mentally ill people are treated when she has the woman say â€Å"No wonder the children†¦ I should hate it myself if I had to live in this room long†¦ he hates to have me write a word.† This only amplifies her point on how patients are treated because th...

English and Spanish New World Colonies Essay

Most of the powerful Western European Nations became involved in exploration of the Americas. Spain started the trend with the exploration of Columbus. Observers realized that Columbus had not discovered Spice Islands south of China, but a whole new world to the Europeans. Expeditions of exploration in search of wealth were the first action of the explorers of the new land. Immediate metal wealth was not found in the Caribbean Islands, but it was found later on the Americas mainland. England was then enticed to claim land for itself, and claimed the lands of North America and benefited from early trading posts. Spain and England both participated in the exploration and colonization of the Americas, but their ambitions were different based upon the surrounding environment. Spain focused its exploration on the lands surrounding the Gulf of Mexico, and the Pacific link on the Western coast of South America. Like the English, the indigenous people of the acted friendly towards the Spanish explorers, then resisted after unjust massacres occurred. This common reaction comes with the part of human nature that accepts others, and rejects them after they have participated in undesirable actions. Similar to the English, the Spanish also colonized the lands of the new world and developed large cities, which served as political and economic centers. The geography of Central and South America contributed greatly to the amount of metals and valuable resources that were extracted from the ground and from the artifacts of the natives. Unlike the English, the Spanish employed Viceroys, or officials to rule the new world to keep order. These Viceroys reported directly to the king, and could be removed from office by a court of lawyers. These rulers were essential to the vast, spread out landmass that the Spanish conquered. Encompassing many different cultures such as the Aztec and the Inca, it was essential for the Spanish to have powerful political figures to run the government in the place of a king. The English however, relied on direct ties to the royalty of England to run their colonies. The English explored the colder, less metal rich region of North America. Although North America lacked in valuable metals, it was the source of furs that would revolutionize the European economy. The English were similar in  their economic views of establishing permanent colonies after the wealth of the trapping of beavers was extracted. Located within North America were greatly diffused native populations of different tribes. This did not lend well to missionary work, or laborers. Unlike the Spanish, the English did not breed with the indigenous people, and they received slaves from Africa to satisfy their labor needs. But similarly to the Spanish, the English contributed a large amount of their revenue created in the Americas to add wealth to their kings, and to expand the size and power of their armies. Overall, the Spanish and English shared many economic goals in expansion and exploration. However, their political structure and social organization differed from the environmental conditions and the personal cultural views. The establishment in political, social, and economic centers of power was a parallel evolution between these two country’s colonies, as is the enrichment of their country’s treasury and power.

Decision Making Tools For The Future State Of Nature

Decision Making Tools The alarm clock sounds off its fanfare and once again a new day of making decisions is upon you. The choices you now have are continue to sleep in or wake up and get ready for the day. Both of these alternatives will determine a future outcome, in this case, if you choose to sleep in you may end up running behind on your scheduled activities. When you make the choice to get out of bed you are taking into account what the positive future state of nature will be if you proactively prepare for the day. The fact that you chose to get out of bed denotes that you mentally assessed all the possible alternatives and decided getting ready is the choice that leads to the best possible outcome in the future. You may have contemplated the choice to stay in bed and considered that the warm embrace of your bed was more important than making it to work on time. No matter what the decision is we all use logic to choose between two or more alternatives and, based on the probable future state of natur e, make the choice which best suits our need. In the business world, managers are placed in a position to make decisions. The request for a decision can come from different areas. A superior may request a manager to make a decision that impacts the organization in some way. In most cases this type of decision must be made by the appointed manager and is not eligible for delegation. There may be some cases when a subordinate may ask the manager to make a decision in orderShow MoreRelatedThe Importance Of Effective Decision Making868 Words   |  4 PagesImportance of Effective Decision-Making Inadequate information, data, and knowledge. For rational decision-making to be accurate, reliable, and complete, information about various aspects of the problem under investigation is necessary. 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