...single community. It has embraced the idea of ‘open economy or borderless territories’ where what happens in one country will definitely have an adverse impact on the strings of countries that has relationship with this particular country. There is no absolute or concrete definition of the term itself. It depends on the authority that uses this term based on his view that he tries to communicate it with his specific audience. Binh, 2001, provided this definition, “globalization refers to the process of reducing barriers between countries and encouraging closer economic, political and social interactions.” With the emerged of globalization our Pacific nations has become part of the global scale where it depends not only within its region for its trade markets or capital investments but with other nations in the world. Historically the Pacific nations were colonises of most of the European countries. The contact between the natives and the explorers who are in search of land expansion and investment opportunities imply some form of globalization in a minute scale. Whatever their main intentions were, these expatriates came with their attire alien to most of the natives, food canned and packed nicely in plastics which was not normal because natives have theirs straight from the dirt of the soil and seasoning (salt) that added taste to their mouths. They came with their beliefs that there is only one God whom the natives cannot see as the carved crocodile they revered that was placed...
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...Along the Pacific Ocean rim which is known as the circum Pacific seismic belt where the most of the earth quakes and tsunamis occur at the rate of eighty one percent more than anywhere in the world.( Earthquake Facts and Earthquake Fantasy, 2009, pp. 1-4). This belt stretches beginning with Chile moving northward along the South America coast through Central America, Mexico, west coast of the United States, Alaska, only through the southern parts of Alaska, Japan, Philippine Islands, New Guinea, and islands of Southwest Pacific, New Zealand and the United States. There are other areas where they occur such as the Alpide belt that includes Himalaya, the Mediterranean, and the Atlantic. It happens about seventeen percent of the time in these areas and they have some of the world’s most destructive earthquakes. Also another natural disaster that sometimes brings destruction to the world that we live on includes in the category of phenomena’s known to mankind is volcanoes. They occur in many countries all over the world but I have listed only a few that includes United States, Russia, Philippines, Japan, and France. The first natural disaster that I choose to discuss is Earthquakes which is responsible for creating many more natural disasters when they happen. The feeling of the earth moving right under your feel and the possibility of the ground splitting open and swallowing you and the ground up right before your eyes. They are one of the natural disasters that cause devastation...
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...February 23, 2014 Ajax Minerals had for some time been operating at an optimal capacity. Its successful operations were however marred by poor management skills and weak employee relations. The company was then faced with an external business rivalry from Pacific Rim Mining Company that created direct and stiff competition. Initial estimates focused that in a span of three years Pacific Rim would hold a strong base in the industry and ultimately run Ajax Minerals out of business. The latter had the capacity and resources to undertake cheaper mining exercises and export the minerals to the U.S while incurring a significantly lower operating cost than Ajax. This severe business threat was quickly identified the top managerial and administrative leadership bracket of the company. They needed to act quickly in order for them to handle the challenge and maintain the company’s position on the industry. Junior levels of management were unaware of the present situation affecting the company this included supervisors and regular hourly workers who were only interested in the daily operations with which they earned considerable overtime pay (Palmer, 2009, pg180). Organizational life in any working place has an associated aspect that causes resistance to any change that have a direct or indirect impact on the working conditions and remuneration of employees. Change is always perceived to have a negative result and leads to a state of skepticism and in reference to the Ajax minerals exercise...
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...Abstract The purpose of this study is to analysis changes management in the RIM Company. The study investigated how well the external and internal changes in RIM and analysis the environment remote effects on the company transformation. The research design included literature review, data collection, data analysis and recommendation. It is no longer the era of BlackBerry, as one of famous company in Canada. Before the iPhone launched on, BlackBerry seems like a legendary brand in cell phone industry, since they create the convenience EMAIL push service. Likeness, just five years ago, “BlackBerry” was virtually synonymous with “Smartphone.” It was well on its way to becoming a generic trademark, like Kleenex or Band-Aid, that would seemingly forever be associated with its entire sector (Thierer, 2012). In order to research how the BlackBerry can be changed and manage the change, the paper as qualitative research to analysis the external and internal changeability. The process of writing paper is followed the Lincoln and Guba’ evaluative criteria (1985) that based on credibility, transferability, dependability and conformability. The data collections use searching journals, web source, and online library. The PEST analysis implement on data analysis. Background of the company BlackBerry Ltd (formerly known as Research In Motion Ltd) is telecommunication and wireless equipment company headquartered in Waterloo, Canada. It started operations in 1984 with a vision...
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...descriptive paragraph about our mothers. They decided to make this as their topic because they wanted to describe or show how a mother loves and cares for her child. Methodology: On doing the narrative paragraph, we were asked to find a trailer and narrate what would happen in the movie. We chise the movie “Pacific Rim” that talks about an alien invasion. Alkexis was tasked to do this paragraph and we shared our guesses about what would happen in the movie. We guessed that in the end humanity would conquer the aliens and would stop them from invading th Earth. Methodology: In making the procedural paragraph we were asked to present examples of doing something procedural. We were tasked to do aerobics. In the picture we were practicing our aerobics for the presentation. After the presentation we then made the paragraph. Methodology: Bencen is working on the effect-centric paragraph. At first she found it hard to choose a topic that would easy to write about and that people could relate to it. Then she decided to write about the effects of procrastination since almost all of us are fairly familiar with it. Methodology: Sahara is tasked to make the Cause- centric paragraph. She decided to have the different reasons of break-up for her topic because it is easy to write about and she came up with a lot of ideas for it. But she also asked for other people for their opinions about this topic. Methodology: Lourenz was the one who made...
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...declining share of the global mobile phone market. While the company has still been achieving strong sales figures in Europe, the Asia-Pacific region, the Middle-east and Africa, the company has been struggling to compete against industry giants Samsung and Apple in the U.S. smartphone market. In addition to selling mobile phones, Nokia also offers a range of internet services under the brand name Ovi. One of these services was the Ovi App store, launched in 2009. Unfortunately, the Ovi store failed to make a strong impression in the market and while the store is maintained for those customers still using a Symbian operating system, the company more recently announced that they would be transitioning to the use of Windows Phone 7 and the respective App store. While some Ovi services do still exist and others have been merged with different providers, in 2011 Nokia announced that they would ultimately be discontinuing use of the Ovi brand. In 2007, a joint venture was formed between the Finnish company Nokia and German company Siemens. The multinational company Nokia Siemens Networks offers data networking services and telecommunications equipment, and as of 2011 was the fourth largest company in the industry, consistently turning over billion dollar profit figures since its launch. Deficiency: Four major aspects of marketing that cause sales success of any service or product - Product, Promotion, Price and Place. Lets think like Sherlock Holmes. If we...
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...Assignment 2: Managing Planned Organisational Change Executive Summary Change management is essential if the introduction and implementation of a new process into the workforce is to succeed. Through an increase in injuries, plant downtime, equipment damage and multiple “notices of improvement” from the Department of Mines, a performance gap at Utah Point export facility was recognized. This performance gap was analysed and with the assistance of a gap analysis model a desired future comprising a safer, more efficient and profitable facility was identified. To ensure that this future can be achieved, focus was placed on both the factors pressuring for change and the major restraining forces against change. As already stated the high level of injuries to persons working at the facility along with the high costs associated with equipment damage and plant downtime were the foremost factors pressuring management for change. In contrast, the potential for resistance from some of the stakeholders to any change due to potential job losses or lost income defined the major restraining forces. Numerous options were considered to resolve this issue however the implementation of a drug and alcohol policy was determined to be the most effective solution. In order to ensure the smooth enactment of this procedure it was determined that all stakeholder parties should be involved in the design and implementation of the policy. In order to counteract any possible resistance to this change...
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...A. Terms of Trade The relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods. An improvement of a nation's terms of trade benefits that country in the sense that it can buy more imports for any given level of exports. A deteriorating TOT would mean import prices rise relative to export prices. Lower results generally indicate that there is more money going out of the economy than coming in thus resulting to lower GDP figures. B. Demographic Transition Model Birth and death rates are both low, leading to a total population which is high and stable. Death rates are low for a number of reasons, primarily lower rates of diseases and higher production of food. The birth rate is low because people have more opportunities to choose if they want children; this is made possible by improvements in contraception or women gaining more independence and work opportunities. C. Trade Account The trade balance/ trade account is the amount a country receives for the export of goods and services minus the amount it pays for its imports of goods and services. Current Account The difference between a nation’s savings and its investment. The current account is an important indicator about an economy's health. It is defined as the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current...
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...HOW THE GLOBAL DEBT CRISIS COULD AFECT YOU Reasons for selecting the article The reasons for choosing the article are that firstly, it stated that aggregates for economic consequences, GDP, recession and unemployment have greatly affected Singapore economy. The article also focused on the nation behaviour of the declining economy for US and Greece due to finance crisis which in turn affect other nations, in this case, Singapore. In fact, the article briefly explained how aggregates like national income and output have affected US and Greece economy, which in turn affected Singapore. It will be further discussed whether this mentioned global crisis will affect Singapore inflation, causing a rise in unemployment rate and the slowing of GDP growth for emerging markets. Summary of the article The article comments on how two of Singapore’s trading partners, mainly US and Greece, are hurting themselves with their debt problems and the impact of their problems on Singapore economy. It briefly describes what US debt ceiling is and the heavy borrowing of Greek government which has greatly contributed to the global debt crisis. It also explains on US debt problem and other aftershocks if the debt ceiling is not rise. Moreover, it explains the debts that Greece had incurred and what will happen if Greece defaults on its debts. Lastly, it further highlighted that the Singapore economy is affected by the two countries’ debt problems. Identify and discuss on the economics...
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...-1- By selection of the company ‘PACIFIC BANGLADESH TELECOM LIMITED(PBTL)’, we have the intention to: Over view the mobile service sector of Bangladesh. Present the background of the company. Identify the Strength, Weakness, Opportunity And Threat of the company. Identify their target market Develop the means of market research Set up the objectives and goal for the company Develop the strategy to accomplish their objectives and goal, set by us Highlight the marketing tactics to archive the pre determined objectives Do the projections with concern to costs, revenue and budgeting information for three years Draw an over all picture about the effectiveness of the implementation and controlling tools. -2- -3- Bangladesh is a country where there are lots of people has a capability to use mobile service getting faster their life. As our population is very large Bangladesh can be a very good market. At present, middle class people are growing very fast and many mobile service companies are playing a great role to serve this large number middle class people. CityCell is one of the pioneers to serve the middle class people with high quality mobile service with fastest communication. Objective of the Study: Through this study our objective was to learn how to put a product(service) into the market with the help of different marketing strategy and to implement our knowledge of the marketing system in a real world scenario...
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...There is a growing concern that disasters are on the rise around the world and especially in developing countries, where years of development gains can be single-handedly wiped out when a single event occurs (Wisner 2006, 6). The sudden spate of disastrous earthquakes in the Americas cause concerns. Within a span of 45 days, two earthquakes hit Haiti and Chile. An earthquake, measuring 7.5 on the Richter scale, rocked Haiti on January 12, 2010, knocking down buildings and power lines and killing over 200,000 people. While the earthquake that devastated Chile, measuring 8.8 on the Richter scale on February 27 was 500 times more powerful; yet the death toll is magnitudes lower. There is the dominant approach which has examined the role of poverty in deepening the effects of natural disasters. Poverty is what ultimately kills most people during an earthquake. Poverty means that little or no evaluation is made of seismic risk in constructing buildings and no zoning takes place. It means that building codes are not written, and even if they do exist they are difficult, or impossible, to enforce. It means the choice between building robustly or building cheaply is not a choice at all (Stark 2010). Similarly, other studies stressed the costs in terms of lives, people’s disability and injuries and livelihoods affecting by the results of earthquake. They all agreed that the impacts are enormous and they are unequally distributed, with the poor and most vulnerable carrying most of...
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...Starbucks’ International Operation All's Not Well with Starbucks For Howard Schultz, Chairman of Starbucks Corp., this list was special as Starbucks featured in the list. It was a dream come true for the Seattle-based entrepreneur. Though the U.S. economy was reeling under recession and many major retailers were reporting losses and applying for bankruptcy, Starbucks announced a 31 % increase in its net earnings and a 23% increase in sales for the first quarter of 2003. Analysts felt that the success of Starbucks showed that a quality product speaks for itself. The fact that Starbucks spent less than 1 % of its sales on advertising and marketing strengthened this view. In addition to being a popular brand among customers, Starbucks was also considered the best place to work due to its employee-friendly policies. However, analysts felt that the success of Starbucks was due to its profitable domestic operations. It was reported that most of Starbucks' international operations were running into losses. In May 2003, Starbucks' Japanese operations reported a loss of $3.9 million (Japan constituted the largest market for the company outside the United States), and the company also performed badly in Europe and the Middle East. Analysts pointed out that Starbucks' international operations were not as well planned as its U.S. operations. They also observed that the volatile international business environment made it difficult for the company to effectively manage its international...
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...latest data collected in relation to a company Blackberry has been demonstrated in the form of charts and tables correspondence to other rivalry groups, which shows the clear picture and downfall of company in smartphone industry. The latest market data reveals the current scenario and situation of the company in today’s market. The report also demonstrates how the company struggles and make effective use of different strategies of various marketing communication means and tools to stay tuned and compete with such a challenging industry especially in India. It also shows the impact of other line products that contributes to the decline of the company. * * Table of Contents 1 Introduction 3 1.1 Market Data 3 1.2 RIM (Research in Motion) 9 2 Analysis 13 2.1 PESTEL Analysis 13 2.2 SWOT Analysis- Blackberry 16 2.3 Benchmarking 18 3 Conclusion and Recommendations 21 4 References 22 * Introduction From the last decade, the technology has been greatly influencing our lifestyle. Just for a moment, imagine a life without a smartphone. We might feel isolated and offcut from rest of the world. Since people had been using different means of communication to interact and expand their business. The innovation of smartphone (Phone + computer) has dramatically changed our...
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...Assignment 1 The Coca Cola Company is a multinational corporation with a portfolio of more than 3,500 beverages, from diet and regular sparkling beverages to still beverages such as 100 percent fruit juices and fruit drinks, waters, sports and energy drinks, teas and coffees, and milk-and soy-based beverages which are sold in stores, restaurants, and vending machines in more than 200 countries. Based on Interbrand's best global brand 2011, Coca-Cola was the world's most valuable brand. Originally intended as a patent medicine when it was invented in the late 19th century by John Pemberton, Coca-Cola was bought out by businessman Asa Griggs Candler, whose marketing tactics led Coke to its dominance of the world soft-drink market throughout the 20th century. The company produces concentrate, which is then sold to licensed Coca-Cola bottlers throughout the world. The bottlers, who hold territorially exclusive contracts with the company, produce finished product in cans and bottles from the concentrate in combination with filtered water and sweeteners. The bottlers then sell, distribute and merchandise Coca-Cola to retail stores and vending machines. Such bottlers include Coca-Cola Enterprises, which is the largest single Coca-Cola bottler in North America and Western Europe. STRENGTHS | WEAKNESSES | World’s leading brand Robust revenue growth in three segment | Negative publicity Decline in cash from operating activities...
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...intense interest, among both economists and the lay public. Considering the magnitude of widespread national recessions during the 1970s, the controversy surrounding research on the macroeconomics of oil price shocks may seem surprising: why would anyone doubt the capacity of oil price shocks to cause the major movements in GDP (Gross Domestic Product) which have been observed in so many countries? Possibly most important in fueling the controversy is the small share of GDP that oil and its close substitutes have comprised in most economies: 1.5% to 3% prior to the 1973 episode. Experienced macroeconomists doubted that even a sizeable shock to such a small part of the economy could have the observed effects. Second, the 1973 episode itself was not a clean experiment because a number of other major factors were emerging at the same time. The world economy was just getting off the post-Bretton Woods fixed exchange rate regime. A number of countries, including the United States, was teetering on the brink of recession at the time of the 1973 shock; in the United States in particular, monetary policy tightened right around the time of the 1973 shock. Separating these effects and deciding the role of oil price shocks in post 1973 movements of GDP, unemployment rates, and other recessionary indicators has been technically difficult; the potential answers to oil’s role have been seen as important components of diverse doctrinal programs, ranging from fundamental ...
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