...three African (Ancient or Medieval) civilizations that pre-date enslavement? Kush, Axum, and Ghana are three Ancient African civilizations that pre-date enslavement. The Kush civilization started in 1700 BC, where it reached its first peak. Its second peak dated to 1500 BC. The Kingdom of the Kush was also known as Nubia. It is located south of Egypt and was built at the bottom of the mountains, beginning at the Nile River. The Kush kingdom was exceptionally wealthy with many natural resources. They had gold mines, iron ore, and rich soil. Their soil was rich due to the ample amount of rainfall they had all year long, which kept all of the natural resources fresh and growing. Many kingdoms were jealous of the Kush’s wealth and prosperity, and wanted to take it over, but the Kush did now allow it to happen. The “Iron Age” was when iron ore was at its peak and every kingdom wanted it to make weapons and tools. Kush was the center of the iron trade in ancient Africa. Burnt wood was needed to produce iron from ore and because wood was running out, the Kush had to trade other goods. The Kush was the reason for the Trans- Saharan Trade Route. In 750 CE, the Kush used camels and camel trains to cross the sand. They knew it was a miserable and dangerous journey, but knew it could be done. Attention was then turned to trade with West Africa, starting the beginning of the Trans- Saharan Trade Route. The Axum civilization, also known as Aksum, dated from 100 BC to 700 AD...
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...What is PEST Analysis? A PEST analysis is an analysis of the external macro-environment that affects all firms. P.E.S.T. is an acronym for the Political, Economic, Social, and Technological factors of the external macro-environment. Such external factors usually are beyond the firm's control and sometimes present themselves as threats. For this reason, some say that "pest" is an appropriate term for these factors. However, changes in the external environment also create new opportunities and the letters sometimes are rearranged to construct the more optimistic term of STEP analysis. Many macro-environmental factors are country-specific and a PEST analysis will need to be performed for all countries of interest. The following are examples of some of the factors that might be considered in a PEST analysis. It is very important that an organization considers its environment before beginning the marketing process. In fact, environmental analysis should be continuous and feed all aspects of planning. The organization's marketing environment is made up from: 1. The internal environment e.g. staff (or internal customers), office technology, wages and finance, etc. 2. The micro-environment e.g. our external customers, agents and distributors, suppliers, our competitors, etc. 3. The macro-environment e.g. Political (and legal) forces, Economic forces, Sociocultural forces, and Technological forces. These are known as PEST factors. Political Factors The political arena has...
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...idea that learning and studying your enemy pays. Although are infinite possibilities arising from collaborations, be wary of the risk of sharing knowledge with the enemy when it is core to your firm's competitive competencies. Types of competitive collaboration 1. Joint Ventures 2. Outsourcing agreements 3. Product Licensing 4. Cooperative research The study of 15 mergers of three major types: four intra-European alliances, two EuropeanJapanese alliances, and seven U.S.-Japanese alliances found that collaboration is something often used by successful businesses. Alliances between Asian companies and Western rivals seem to work against the Western partner. Collaboration is competition in a different form. Companies have to enter collaborations knowing that competition still exists. They must have clear strategic objectives, and understand how their partners’ objectives will affect their success. Harmony is not the most important measure of success. Most successful alliances do not always have win-win scenarios. As competitive competencies develop, conflict will arise between the partners over who has the right to the rewards of the partnership. Cooperation has...
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...What the Government should do in regard to China policy following the 2013 Federal Election 30 July 2013 at 22:44 Some Australian commentators claim that Australia is at a cross roads, and that it is unprecedented that its largest trading partner is not its closest ally.[1] In fact, its major ally and largest trading partner are engaged in a Cold War power struggle. They go on to say that solving this ‘unprecedented’ situation is Australia’s greatest foreign policy conundrum for at least the next decade.[2] However, Australia’s situation is not unique, neither in the region nor in its own history. By considering the recent positions of the major political parties this essay will examine Australian and Chinese foreign policy in relation to the importance of the Australian-Chinese relationship and whether we need to choose between China and America. Lastly, I shall recommend strategies for the Australian government to implement regarding its China policy. The overarching foreign policy aim for both the ALP and Coalition is serving Australia’s national interest, which can be broadly broken down into four main goals: maintaining the territorial integrity of Australia, including the safety and security of its society and economy; ensuring regional stability and preserving the existing regional balance of power; the sea lanes that make up the arteries of international trade remain open; and responding to new security threats.[3] Included in the last goal are terrorism, international...
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...EMERGING ECONOMIC AND POLITICAL CONFLICTS AS THREAT TO PROSPERITY Biyash Chakraborty MBA- International Business Email: chakraborty.biyash93@gmail.com University of Petroleum and Energy Studies, Dehradun. (Uttarakhand), INDIA __________________________________________________________________________ Abstract India’s rapid economic growth has made it the second fastest growing energy market in the world. Its domestic and international strategies has produced foreign policy differences with the United States that will require careful management on both sides. India’s basic approach to energy diplomacy has been to develop its supply potential and neutralize its potential competitors, principally China. India’s strategic interest in Iran as its energy partner and then the Iraq crisis are having a negative consequence on its economic prosperity, placing it on crossroads with the US. There is a divide between US and EU about the wisdom and desirability of imposing harsh economic sanctions on Russia. In any such confrontation, EU stands to lose much more than the US, though it can be argued that Russia will be the worst loser. In future, Russia may try to find new potential market for its gas and that could be India. So it is important for India to take its stand on Ukraine crisis carefully without tarnishing its relation with USA. India’s long-term prosperity hinges to some degree on a conflict free neighborhood; that an economically integrated region is in India’s...
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...How changes in technology have contributed Q. Explain How Changes In Technology Have Contributed Towards Globalization Of Markets And Of Production? Answer: Technology has dramatically changed people's way of life all over the world and the world today has become a true manifestation of a global village. Not only the frequency of international travelling increased manifold but the possibilities of cross-border trading of goods and services have also increased exponentially. These impacts are collectively known as globalization. (Hill, 2009) defines globalisation as a process which enables individuals, organisations and governments from different natins to come across each other and interact in an intergative manner. The end result of such intergation would be an intergated globalised market system which can act as a melting pot of indivual economies of different nations. There are two ways in which globalisation can be envisaged, i.e. with the production perspective and thebmarket perspective. (Hill, 2009) defines the markets' globalisation as melting down and convergence of individually independent market places into an amalgamated market place. Sharing of the sources of production from different geographical locations for levaraging the quality and cost of the goods and services produces is the idea behind the products' globalisation. (Hill, 2009) Many institutions have been formulated to help manage, regulate and police the phenomena of globalization and to promote the...
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...Consumerism History of Consumerism Consumerism is a social and economic order that encourages the purchase of goods and services in an elevated amount. Consumerism as an ideology first appeared in Western Europe roughly three hundred years ago. It gave a rise in consumer’s need and importance to the display of material items. It promoted economic progress, a rise in small shops, an increase in the growth of cities, and an incline in individualism. A shift in the market hit right before the Industrial Revolution. Capitalist development and the industrial revolution focused on infrastructure and production and manipulation of fossil fuels. In 1919 consumerism began to sweep over the American population when General Motors Acceptance Corporation (GMAC) was established. The General Motors Acceptance Corporation mission was to issue loans to customers who had purchased a vehicle. Americans started the notion of “Keeping up with the joneses” which is the idea that Americans compare themselves to their neighbors, defining each stance in socio-cultural inferiority. With this new need for status with possessions was thought to be the beginning of the American consumer culture. Soon after The Great Depression and World War broke out. When the war-ceased consumers went wild, credit cards issued first for convince took off quickly to show status through the products each individual had. Consumerism gathered strength in the United States through internal trade growing, expansion...
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...Chapter Review: Cash for Condoms-The Elusive Quest for Growth William Easterly starts off the chapter by saying, “The most unprepossessing candidate for the Holy Grail of prosperity is seven inches of latex: a condom”. The reference here is made to population control. He says that rich countries must provide aid to poor countries to help them control population-cash for condoms-and that is the only way to progress. Population has been concern in economics since Thomas Malthus. In the 19th century, he propounded that the rate of population growth rate will outpace the rate of food production and eventually there will be massive famines to correct the downward pressure exerted by population on food resources. As recently as 1960 Paul Ehrlich predicted massive famines would wipe out at least a fifth of the population. But this didn't happen. While population did double between 1960 and 1990, food production tripled and food prices actually decreased. At the time when Ehrlich predicted the famines, the population growth rate was 2.1 but has since reduced. The reduction can be attributed to a fall in birth rate rather than an increase in death rate in the form of famines. The author then cites Lester Brown to convey that the population scare is a relevant issue. Excess population is putting a strain on food, water, forest products, land availability and employment opportunities. Pakistan’s workforce is projected to increase from 72million in 1999 to 199 million in 2050. The...
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...NATIONAL OPINION POLL: CANADIAN VIEWS ON ASIA © Copyright 2014 Asia Pacific Foundation of Canada TABLE OF CONTENTS ABOUT THE ASIA PACIFIC FOUNDATION OF CANADA _________________________________________________ 2 ABOUT THE NATIONAL OPINION POLL: CANADIAN VIEWS ON ASIA ________________________________ 2 METHODOLOGY KEY FINDINGS ___________________________________________________________________________________________ 2 ____________________________________________________________________________________________ 3 EXPLAINING CANADIANS’ VIEWS ON ASIA DETAILED FINDINGS ___________________________________________________________ 7 ____________________________________________________________________________________ 17 SECTION 1: PERCEPTIONS OF ASIA __________________________________________________________ 17 SECTION 2: VIEWS OF CANADA-ASIA ECONOMIC RELATIONS ____________________________ 23 SECTION 3: PROVINCIAL PERSPECTIVES ON CANADA-ASIA RELATIONS _______________ 31 SECTION 4: CANADA-ASIA ENERGY RELATIONS ___________________________________________ 35 SECTION 5: PROMOTING HUMAN RIGHTS IN ASIA ________________________________________ 39 SECTION 6: CANADA-ASIA SECURITY ISSUES ______________________________________________ 41 SECTION 7: DEMOGRAPHIC FINDINGS ______________________________________________________ 43 APPENDIX: READING THE TABLES _____________________________________________________________________ 49 NOP 2014...
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...WESTERN ILLINOIS UNIVERSITY CAN EXTREME POVERTY BE ELIMINATED A REACTION PAPER #3 SUBMITTED TO THE COLLEGE OF EDUCATION IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF SSED 495: METHODS OF ELEMENTARY AND MIDDLE SCHOOL SOCIAL STUDIES; TEACHING WITH GLOBAL PERSPECTIVES DEPARTMENT OF CURRICULUM AND INSTRUCTION BY JEFF KEITH MOLINE, ILLINOIS FEBRUARY 28, 2012 In Jeffrey Sachs article: Can Extreme Poverty Be Eliminated, he discusses how extreme world poverty affects about one-sixth of the world's 6.5 billion people, can be practically eliminated by 2025 at a cost much lower than most people realize. “Famine, death from childbirth, infectious disease and countless other hazards were the norm for most of history," Sachs writes that the application of scientific advances beginning around 1750 (Industrial Revolution) enabled most of the world to escape poverty. Yet in spite of known solutions to its causes, poverty still claims 20,000 lives daily due to lack of food, safe water, medicine or other essentials. Dramatic improvement in economic conditions in much of Asia in the past 25 years shows that ending poverty is an attainable goal, according to Sachs. If donor nations would fulfill their promise to contribute about 0.7 percent of their gross national product to the effort, Sachs thinks famine, epidemics, regional conflicts and poverty could be successfully combated. Americans overestimate the amount of U.S. foreign aid by as much as 30 times, he writes. Therefore...
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...which national economies were relatively self-contained entities, isolated by barriers to cross-border trade and investment, and by national differences in government regulation, culture, and business systems; and moving toward a world where barriers to cross-border trade and investment are declining, material cultures are becoming similar, and national economies are merging into an integrated, interdependent global economic system. As companies from Japan and emerging markets like China play a more vital role in the world economy, the dominance of companies from the United States and Western Europe has diminished. Significant implications for British firms involve looking beyond Europe and America for investment and opportunities. Consumer spending power is growing quickly in developing countries. For North American companies, the same holds true, although the importance of the growing prosperity in Latin America suggests a potentially huge market in “their backyard.” Hong Kong is perceived as the gateway to the immense market of mainland China. Since Hong Kong firms are now less taken for granted, access to China is improving along with the move towards a market economy within China. International businesses based in all three locations are facing new opportunities and threats. 2. "The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms." Evaluate...
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...Resources abound in africa but how to manage them well to take advantage of absolute and comparatives cost ADVANTAGES is the problem. Introduction Africa is endowed with a rich diversity of environmental resources. Some of these are geographical, terrestrial, aquatic and country-specific resources while others transcend national boundaries of two or more countries within the region or continent. Since World War II, Africans have embarked on the massive utilisation of their environmental resources for improving their quality of life and that of their global business partners (Frobel et al. 1988; French 2000). In spite of the abundance of these resources, local communities, predominantly smallholder farmers and pastoralists, whose production systems are based on Traditional Environmental Knowledge Systems (TEKS), are now unable to meet their basic needs, sustain environmental productivity and even have an equitable share of the global wealth (ADALCO 1990). The predominance of international trade over local needs fostered, among other things, specialisation in spatial production and exchange of goods and services on a global scale, what evolved today as theories of Absolute and Comparative Advantage. Consequently, it is evident that in some geographical areas, natural resources are still sustainably utilised, while in others there is evidence of environmental degradation or inefficient utiliatization (Stebbing 1935; Timberlake 1985; Blaikie 1989; Juma and Ford 1992; Rugumamu...
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...economic actors, as their companies storm the industrial bastions of the United States and Europe. Should one be for or against globalization? Can we turn our backs on globalization, and return to national or regional systems of production and exchange that are autonomous, even autarkic? Is the large cosmopolitan corporation the new leviathan—a monster that must be slain—or a force for human progress? It is tempting to reduce the debate over the economy of the twenty-first century to a simple alternative: being for or against globalization. Yet in my view, this would be a mistake. The growing interdependence of human society and our planet is irreversible, as is the 1 interdependence between humanity and the biosphere. The question of how...
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...Adeola Adegbite March 21st 2013 African International Politics Professor Throup Failure of Organizations Throughout modern history, Western powers such as the United States and Europe have always assisted weaker nations in order for those countries to maintain internal stability and external relations with other nations. Most often, Western powers to aid states with failing democratic systems or nations that are strategic allies in certain regions of the world. For Western powers, it is important to promote the ideals of Democracy, and assist other nations deemed as crucial to Democracy’s development. Democracies and its expansion are vital for several reasons Democratic nations foster peace and stability. Following World War II, the United States believed it was imperative to sustain and support Western Europe. At the time Western Europe was facing the encroachment of the Soviet Union and its communist ideologies. The United States saw its support for Western Europe as essential in order to preserve their alliance, and most importantly to continue strengthening and expanding democratic ideals. However, as of the past twenty years, when it comes sub-Saharan Africa, Western nations are not nearly as concerned about a states internal or external stability. For example, countries such as Rwanda, Somalia, Sudan, and many other sub-Saharan countries are in utter turmoil, but the West has turned a blind eye. The burden now falls on organizations like the United Nations, Organization...
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...system that empowering human capital is the foundation in building and maintaining a great organization. Their strong belief system in emphasizing and investing on employees well being pays off when they become the leading company beating some of the top companies such as Sony, Apple and HTC. The process and development of human capital was never an easy matter for Samsung, in fact the culture has been practiced and improvised regularly ever since 1950 to fit to the demand and maturity of the current society and technology. Nevertheless at the end, Samsung indeed make a marked in the world with sustaining a Single Samsung culture. 1. Perform a PEST on Samsung and identify the change drivers POLITICAL | ECONOMIC | * Work hand in hand with the government; consist the same agendas and values.Change driver- Globalization Promotion Committee consisted of a set of committees on policy planning, administrative reform, educational reform, science and technology influences Samsung as well. | * Main contributor of economy status in south KoreaChange driver- top down reform of the Korean economy to meet the rapidly changing conditions of the world economy. | SOCIAL | TECHNOLOGICAL | *...
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