Globalisation and Internationalisation

Globalisation and Internationalisation Introduction In most economic industries of the world Globalization and Internationalization has become very common. The dictionary meaning of Globalization taken from (Oxford Dictionaries, 2014) is the process by which businesses or other organizations develop international influence or start operating on an international scale and according to (Maringe Foskett, 2012) internationalization is an approach to designing products and services that are easily adaptable to different cultures and languages across national borders. When we look at the automotive industry, pharmacy industry, electronic industry or communication industry etc. we come to know that all business models operating within them are often really globalized or at least multi-national. This can be the reason that why these multi-national companies gain commanding importance in the entire world economy. Before we can know how well a business can operate in an economy, we need to know the place where it is operating and for this purpose this paper will consider Indonesia and Singapore from the ACEAN economic region. Indonesia Economy Indonesia is world’s 18th largest economy and has been remarkably growing after the Global Financial Crisis (GFC). The economy is well stable even after the GFC 2009 because of the prudent financial macroeconomic policy of the country. The country enjoys rising per capita GDP and low borrowing costs. However every country has some risks attached to business activity and they differ from one another country to country. (Forbes, 2013) Singapore’s economy Generally speaking about Singapore’s economy has earned a well good reputation. The strong growth and flexibility of free economy has earned the small country name â€Å"Asian Tiger†. The economy of Singapore provides transparent administration and an efficient infrastructure for any reliable business and investment to grow. Environmental Factors impacting Business If there is something that is changing and steadfast it is change itself. Change is inevitable and those business who tend not to follow up the change are likely to fail or in terms of not having a long term survivability. There many events, scenarios or situations that occur and affect the way in which a business operates in a positive way or either negative way. Such things are called the driving forces or environmental factors. Types of Environmental Factors Internal: Some change occur within the business and impact it directly such changes include machinery and equipment, technological capacity, management systems, culture of organization, financial or employee management or staff moral etc. External: Events or changes occurring outside the company and are usually not under the control of the company some of these include industry itself, the economy of the particular country in which it operates, demographics, competition, political interference. Whatever are the causes whether they are external or internal the thing is change will occur and a company must be flexible and have a willing attitude to respond to them in an appropriate way. There are number of environmental or driving forces such as: Social Political Financial Product Quality Distribution Channels Leadership Employees Economy of the country Structural Changes Policies and Procedures For the sake of clarity we take Political factor of the above two companies and see how this factor is impacting on any business that operates in these economies Analysis of Political Factor on Business For the purpose of starting a new business and entrepreneurs needs almost more than 4 months to complete the necessary paperwork as compared to Singapore which is less than 15 days. The Government of Indonesia and it policies for new foreign investments is not openly welcomed because of the ironclad rule of President Suharto which created dissent slowly and steadily within the system while Singapore welcomes any direct foreign investment that help the local cause making it more politically stable for business then Indonesia. (Doing Business, 2013) The factor of red tapes reported by the World Bank study shows that due to low salaries at political and law level it create more chances for the officials to take bribe at every legal business transaction which further hampers the business not to take part fully in the economy. (Engel, 2012) The setup of Bank Restructuring Agency or IBRA by the Indonesian Government was a step ahead in the crisis to recapitalization or closure of insolvent banks and management of corporate indebtedness which makes a profitable availability of consumer credit. This led to increased business activity as more credit is available for doing business. But later the bank also could not maintain its growth since its inception due to fluctuations in the economy and policies that govern it. (New York Times, 2003) According to Political and Economic Risk Consultancy, PERC, Singapore enjoys the least risks involved in the political sector of the country which makes to do business of any kind more encourage able. The political stability of the Singapore makes it a vital place to do investment and business. (Singapore Economic Development Board, 2013) The Government and political status of both the concern countries are verily different meaning there is corruption and instability in Indonesia for doing business and Singapore is ranked 3rd in Asia in transparency. Political factor impact the operation of the business directly meaning if you are easily well aware of the legal and political laws for doing business in the country the business will grow otherwise investments tend to low and organization interest fade away to do business in that particular country. Works Cited Doing Business, 2013. starting a Business in indonesia. [Online] Available at: http://www.doingbusiness.org/data/exploreeconomies/indonesia/starting-a-business [Accessed 24 September 2014]. Engel, S., 2012. The World Bank and the post-Washington Consensus in Vietnam and Indonesia: Inheritance of Loss. 2nd ed. New York: Routledge. Forbes, 2013. Indonesia. [Online] Available at: http://www.forbes.com/places/indonesia/ [Accessed 24 September 2014]. Maringe, F. Foskett, N., 2012. Globalization and Internationalization in Higher Education: Theoretical, Strategic and Management Perspectives. New York: AC Black. New York Times, 2003. Indonesian Bank Agency Fading Out. [Online] Available at: http://www.nytimes.com/2003/10/02/business/indonesian-bank-agency-fading-out.html [Accessed 24 September 2014]. Oxford Dictionaries, 2014. Definition of globalization in English. [Online] Available at: http://www.oxforddictionaries.com/definition/english/globalization [Accessed 24 September 2014]. Singapore Economic Development Board, 2013. FACTS AND RANKINGS. [Online] Available at: http://www.edb.gov.sg/content/edb/en/why-singapore/about-singapore/facts-and-rankings/rankings.html [Accessed 24 September 2014].

Government :: essays research papers

Conservatives, liberals, and radicals have different perspectives in important areas such as attitudes toward change, views of human nature, individual behavior, family, the social system, and the government and the economic system.   Ã‚  Ã‚  Ã‚  Ã‚  Conservatives tend to resist change. They think change is more negative than positive. Social welfare programs generally represent nontraditional means of dealing with problems. So conservatives are very suspicious of almost all social welfare programs, because they strongly emphasize tradition saying that problems should be handled in time-tested ways to the greatest extent. When it comes to human nature conservatives take a pessimistic view. People are seen as being corrupt, self-centered, lazy, incapable of true charity and need to be controlled. Conservatives say that each person is responsible for his or her own current behavior. They also say that people possess free will and can choose to engage in hard work to get ahead.   Ã‚  Ã‚  Ã‚  Ã‚  Conservatives revere the â€Å"traditional† family and try to preserve it. They feel it is a source of strength. They also oppose abortion, public funding of day-care centers, rights for homosexuals, sex education in school and counseling for minors.   Ã‚  Ã‚  Ã‚  Ã‚  The conservatives perspective sees the social system as inherently fair. If some groups are poorer than others and have less power and low status it is because this situation is necessary for being for the well-being of society.   Ã‚  Ã‚  Ã‚  Ã‚  The view conservatives take on the government and economic system is that they think the less governments govern, the better. They think that most government activities constitute threats to individual liberty and to the functioning of the free market.   Ã‚  Ã‚  Ã‚  Ã‚  Liberals attitude toward change is a different one than conservatives. Liberals are generally in favor of change. They believe that the world can be changed for the better. They also think that continuing change will bring continuing progress. Liberals take an optimistic view of human nature. People do not have to be controlled, they need be protected from corrupting influences and given the freedom to follow their natural inclinations.   Ã‚  Ã‚  Ã‚  Ã‚  Although liberals and radicals do not completely deny free will and motivation, they put more emphasis on the environment as a factor in individual behavior. Family, to liberals is an evolving institution, and they can be more flexible and pragmatic in the ways in which they support it.   Ã‚  Ã‚  Ã‚  Ã‚  Liberals, like conservatives tend to view society as an orgasmic system, but they have less faith that the system will regulate itself without intervention.

Fairy Tale Analysis Essay

Fairytales are unique, not only as a form of literature, but as works of art which are fully comprehensible to the child as no other form of art is. † we were introduced several versions of Cinderella in â€Å"Damsels in Distress†. For generations, the Cinderella story had been one of the most popular fairytales around the world; there are countless modified versions of it. For this analysis, I chose â€Å"Cinderella† by Charles Perrault and â€Å"Ashputtle† by the Grimm Brothers and applying them to the ideas from the article, â€Å"The Struggle for Meaning†. The most familiar version of â€Å"Cinderella† in western society was the written by Charles Perrault in 1667, it was then later used by Disney for a children’s film production. The Grimm Bothers’ modified version of the story is mainly based on Perrault’s version with a little twist in it. In general, both of the stories share a similar story-line. A widower with his daughter (Cinderella or Ashputtle) was remarried to a â€Å"stuck-up† woman and her two daughters. The man’s daughter are Cinderella or Ashputtle, they were named by their stepsisters, and have been treated poorly by their stepsisters. It happened that the King of the kingdom had a son who was anxious to get married; so he gave a ball, and invited all the ladies in the kingdom to go to it. Cinderella (or Ashputtle) was invited, but her evil stepsisters forced her not to go. Cinderella (Or Ashputtle) made a wish to go to the ball, and magic happened, it clothed her in a beautiful dress, but it will only last until midnight. The Prince fell in love with her at the ball at first site, but Cinderella (Or Ashputtle) ran home, leaving only a glass shoe behind, because it was almost midnight. The prince ordered every woman in the kingdom to try it on, he knew he found the real Cinderella (or Ashputtle) when no other woman in the kingdom could fit the glass shoe but Cinderella (Or Ashputtle). The authors made the morals of Cinderella and Ashputtle very clear. The story of Cinderella had one simple moral, always be generous to people, Cinderella accepted her sisters’ apologies at the end of the story. Ashputtle had the same moral but told in a different way, Karma will always strike back; Ashputtle’s sisters’ eyes were pecked out for treating Ashputtle poorly. â€Å"Many parents believe that only conscious reality or pleasant and wish fulfilling images should be presented to the child- that he should be exposed only to the sunny side of things. But such one-sided fare nourishes the mind only in one-sided way, and real life is not all sunny. † In Bruno Bettelheim’s â€Å"The Struggle For Meaning†, Mr.Bettelheim talked about how fairy tales can be so effective at grasping children’s minds into the ideas and morals of the fairy tales. â€Å"A child needs to understand what is going on within his conscious self so that he can also cope with that which goes on in his unconscious. † Cinderella is a very â€Å"effective† story, just like children’s fantasy, the setting of the story is in a kingdom involved with kings and queens. The magic is a crucial part of the story of Cinderella; it turned the ordinary story into a fascinating fairytale. Most fairytales gives the reader a straightforward message to the moral. This way, it allows younger audiences to relate to the main character or the hero of the story to him or herself to understand the story, â€Å"The more simple and straightforward a good character, the easier for a child to identify the hero from the villain. † Ultimately, the message sent to the child from Cinderella is, â€Å"bad guys die, I don’t want to die, I want to be good. Another reason that fairytales are effective, â€Å"In fairytales, as in life, punishment or fear of it is only a limited deterrent to crime† â€Å"Deeper meaning resides in the fairy tales told to me in my childhood than in the truth that is taught by life† (The Piccolomini,III,4. ) Fairytales portray realistic views of human nature and struggles while incorporating enchanting fictional themes and characters, after all it’s this fictious fantasy sparks the reader’s interest, as they may find some valuable meanings of life from the tale.

To What Extent Was Germany a Parliamentary Democracy Essay

To what extent was Germany a parliamentary democracy in the years 1900-1914? A parliamentary democracy is the power in Germany being shared amongst everybody. The positions are democratically elected by the population of the country. The way Germany was run is based upon the Constitution the power lies between the Reichstag, the chancellor and the Kaiser. Germany was a parliamentary democracy based on the constitution that Germany was run by. The Bundesrat being part of the constitution consisted of 58 members who were elected by the state assemblies, the Bundesrat had the power in theory to the law making process and by this having this possibly the right to alter the constitution. The Bundesrat had the power to veto legislation†¦show more content†¦The growing importance and power of both the population and the Reichstag made it appear that Germany was a parliamentary democracy in the years 1900-1914. The impact of industrialisation was the growth of the socialist movement. There was a rapid growth of industries and it helped to stimulate a boom in the population creating a changed structure in German society. The standards of living had increased as well as the wages of workers for the working class. Bismark had introduced a tariff law in 1879 that made the farmers have protection for their agriculture but this was later c hallenged and threatened to undermine them. It must not be forgotten that the Reichstag elections did increase from 50% in 1871 to 85% in 1912. Therefore Germany can be seen as a parliamentary democracy as people were seeing the right to vote and it was relevant. Nevertheless, although there is evidence of Germany potentially being a parliamentary democracy to an extent, it is also seen to be authoritarian with most of the power being at the hands of the Kaiser. The constitution although giving power to the Reichstag and the Bundesrat it was extremely limited. 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