International Business Environment Coursework Essay

International Business Environment Coursework - Essay Example While international business has been there for a long time, it has never been as intense as it is today. Yet, it has not reached its peak. In the future, conditions are going to make it easier, an also necessary for businesses to look at global opportunities. International business is therefore going to be more intensified as time goes on. Although more and more opportunities continue to increase, there are also some challenges that continue to show up in the international business environment. In this appear both challenges and the opportunities that will grace the international business environment have been identified. Of course, globalization is the biggest factor that has to be considered with regard to international business. Globalization is the unification of the global community made of nations, countries and regions, as they share various aspects of culture such as goods and services, language, ideas, education and even world views. Globalization has been made possible by the introduction of better communication and transport infrastructure which makes these things to be easily moved from one region to the other. Other factors also make globalization a necessity in the long run. With globalization, the world continues to be flatter with every technology that that comes up. The flatness of the world refers to the fact that things can be done around the globe in much more efficient and flexible way than they were done in the past. As the world gets flatter, it will mean that the market will respond equally to all types, sizes and even sources of competition. In a fact, world, all competitors have the same opportunity and some traditional factors that used to be the factors determining who dominates the market will cease to be important. Although this has been achieved in a number of ways, it is going to be even more so in the next decade. The

Who gets what from Middle East oil Essay Example | Topics and Well Written Essays - 500 words

Who gets what from Middle East oil - Essay Example Another factor affecting Middle East is petrodollar recycling. Over the years, oil prices have been going up creating a lot of revenue for OPEC countries. The importing countries such as the US, UK, China and Japan pay heavy prices for oil to fuel their economies. However, as Higgins, Klitgaard, and Lerman note, much of this revenue by Middle East countries returns to the importing countries in terms of purchases of goods and services as well as foreign assets. The high oil price paid by importers slows economic growth but the purchase of goods by exporters from importers offsets this negative growth by improving consumption and investment. Countries like the US benefit from sale of foreign assets to the exporters to finance their current account deficits. Most of the sales to exporters come from European countries due to their proximity, and less from the US. The petrodollars are also used to finance investment projects in OPEC countries. For example, Saudi Arabia engaged in a giant construction program called Petro Rabigh, which is a joint venture of the state-run oil corporation Saudi Aramco and Sumitomo Chemical of Japan. This $ 1500 billion project produces plastic and other materials for sale in and outside Saudi Arabia. Saudi Aramco ranks first among oil companies worldwide in terms of crude oil production and exports. Besides investment, revenues are also used to bail out banks facing financial crisis such as Citigroup, Merrill Lynch and Morgan Stanley. They are also used to develop infrastructure.

Personal statement Essay Example | Topics and Well Written Essays - 500 words - 11

Personal statement - Essay Example I have been a part of many activities at my university due to this quality and confidence. I have many hobbies in life- ranging from reading to many kinds of sports. I have set several goals for myself, professionally and personally. One of my goals is to become a very successful professional in life. My academic area of interest has always been accounting and finance therefore I wish to work in the field of accounts and finance. Finance and accounting is considered to be the backbone of every business because of which CEOs acquire degrees in this field more than any other field. I wish to take this course since it is very broad in nature and offers open doors to many fields like public accounting, government jobs, private sector jobs etc. I have always been efficient with numbers and figures which is a good quality for a person in this field. I think that accounting and finance requires a person to have good analytical skills and logic. I have studied accounts and finance before as well, therefore possess basic knowledge about the concepts that are involved in it. This h as allowed me to enhance my analytical skills and directed me to explore more in this field on my own. My grades in mathematics have always been commendable that have helped me to develop logic and reasoning skills. The prevailing times of the global recession demands the knowledge of accounting and finance so that companies can cut their costs to the minimum. Such tasks are possible by strict accounting in the company. Companies are now fully aware of the fact that efficient internal controls should be deployed in the company to take care of their accounting and finances. Due to this fact, I feel I would be able to contribute a lot to my future organization if I have the knowledge of finance and accounting. I find this field of work challenging and exhilarating since

The Potential Causes of Female Violence Essay Example | Topics and Well Written Essays - 500 words

The Potential Causes of Female Violence - Essay Example However, one can see that ‘Women are more likely to commit crimes now than in the past, although women who commit crimes are more likely to be arrested for nonviolent property crimes compared to male criminals whose crimes are more likely to involve violence’ (The White House). But an overview of some of the female offenders in America proves that there were women who engaged in violent crimes like men. One of such examples can be cited with Aileen Wuornos, a very notorious female serial killer and prostitute who took the life of seven men in Florida from 1989 to 1990 (Criminal Justice Degrees Guide, 2013). The way she committed the crimes are more aggressive than the male offenders and she won in her attempts to escape from trial till she commits the seventh murder. Analyzing the social factors that contributed her criminal behavior, one can see that Wuornos had a rocky upbringing that led her into prostitution at a young age. The improper guidance she received from the tender age itself had channelized her into criminal activities such as disorderly conduct, assault, armed robbery and theft. Considering the psychological reasons for her criminal behavior, it is evident that her social background is the main culprit. She committed all these crimes to make money in order to help support Tyria Moore, a hotel maid, to whom she had established an intimate relationship (Criminal Justice Degrees Guide, 2013). When Wuornos felt that her prostitution earnings are insufficient to help the maid she turned to criminal activities by robbing her customers and shooting them. Regarding the biological factors, one is sure that naturally a woman cannot overpower a man physically. Therefore, Wuornos engaged in sexual contact with her customers and after making them physically weak, she shot them to death. Among violent female offenders, 53% committed the offense while alone, and 40% were with others, all of whom were female (Greenfeld, L.A., Snell, T. L., 1999). The

The business scenario of Hong Kongs Hotel Industry Essay

The business scenario of Hong Kongs Hotel Industry - Essay Example This research will begin with the statement that Hong Kong offers a stable and efficient business environment to its entrepreneurs with modern infrastructural facilities along with technologies in order to cope up with the challenges of globalisation and industrialisation. In the year 1995, Hong Kong positioned itself as the eighth leading trading nation in the global world. Thus, most of the leading companies attempted to establish one of its franchisees in Hong Kong with the expectation that it might enhance its growth prospects and profitability as well. Moreover, the government of Hong Kong has adopted a strategy of non-intervention, which was also categorised as quite beneficial for any business entrepreneur to operate within the economy. In addition, the government of Hong Kong also offers a sound lawful and administrative support for improving the scope of its business environment to encourage foreign and national entrepreneurs. Thus, it can be avowed that the economy of Hong Kong offers high opportunities for growth and development of industries, in order to improve its image in the international business forefront. Hence, it can be clearly depicted that as Hong Kong is one of the rapidly developing and most promising international centres for trade, business and finance with less governmental intrusions. Notably, it is due to this reason that Hong Kong is now categorised as one of the feasible places for introduction of new business projects. 1.1 Background of the Study Hong Kong is one of the fastest developing nations among the Asia-Pacific regions and so it can prove beneficial for the introduction of a new business project. Apart from this, Hong Kong is often regarded as a feasible place for introduction of new businesses as it offers soaring quality of banking, insurance and proficient services along with hard working and skilled workforce. Moreover, it is also the main gateway to perform business operations in the market of China. This is because , China offers workers at a sustainable rate which is not only helpful for any business enterprise, but also tends to preserve the interests of the workforce. It is also a significant factor which helps in expansion of the business in the national as well as international context thereby augmenting growth and brand identity (Bingley, 2011). Hence, with due consideration to these factors, Hong Kong might prove to be the most efficient place for the introduction of a new business project. 1.2 Literature Review According to Lethbridge & et. al. (2000), the location of Hong Kong is becoming one of the most favourable places for performing business operations being influenced by varied factors such as low tax requirement, freedom of currency exchange in trade and being the Special Administrative Region (SAR) of China, which offers a stable political environment of any business project. Thus, the nation of Hong Kong is highly preferred by most of the reputed industries operating globally (Deloitte, 2012). In addition, about 300 Chinese organisations are listed in Hong Kong, with a

Personal statement Essay Example | Topics and Well Written Essays - 500 words - 11

Personal statement - Essay Example I have been a part of many activities at my university due to this quality and confidence. I have many hobbies in life- ranging from reading to many kinds of sports. I have set several goals for myself, professionally and personally. One of my goals is to become a very successful professional in life. My academic area of interest has always been accounting and finance therefore I wish to work in the field of accounts and finance. Finance and accounting is considered to be the backbone of every business because of which CEOs acquire degrees in this field more than any other field. I wish to take this course since it is very broad in nature and offers open doors to many fields like public accounting, government jobs, private sector jobs etc. I have always been efficient with numbers and figures which is a good quality for a person in this field. I think that accounting and finance requires a person to have good analytical skills and logic. I have studied accounts and finance before as well, therefore possess basic knowledge about the concepts that are involved in it. This h as allowed me to enhance my analytical skills and directed me to explore more in this field on my own. My grades in mathematics have always been commendable that have helped me to develop logic and reasoning skills. The prevailing times of the global recession demands the knowledge of accounting and finance so that companies can cut their costs to the minimum. Such tasks are possible by strict accounting in the company. Companies are now fully aware of the fact that efficient internal controls should be deployed in the company to take care of their accounting and finances. Due to this fact, I feel I would be able to contribute a lot to my future organization if I have the knowledge of finance and accounting. I find this field of work challenging and exhilarating since

The business scenario of Hong Kongs Hotel Industry Essay

The business scenario of Hong Kongs Hotel Industry - Essay Example This research will begin with the statement that Hong Kong offers a stable and efficient business environment to its entrepreneurs with modern infrastructural facilities along with technologies in order to cope up with the challenges of globalisation and industrialisation. In the year 1995, Hong Kong positioned itself as the eighth leading trading nation in the global world. Thus, most of the leading companies attempted to establish one of its franchisees in Hong Kong with the expectation that it might enhance its growth prospects and profitability as well. Moreover, the government of Hong Kong has adopted a strategy of non-intervention, which was also categorised as quite beneficial for any business entrepreneur to operate within the economy. In addition, the government of Hong Kong also offers a sound lawful and administrative support for improving the scope of its business environment to encourage foreign and national entrepreneurs. Thus, it can be avowed that the economy of Hong Kong offers high opportunities for growth and development of industries, in order to improve its image in the international business forefront. Hence, it can be clearly depicted that as Hong Kong is one of the rapidly developing and most promising international centres for trade, business and finance with less governmental intrusions. Notably, it is due to this reason that Hong Kong is now categorised as one of the feasible places for introduction of new business projects. 1.1 Background of the Study Hong Kong is one of the fastest developing nations among the Asia-Pacific regions and so it can prove beneficial for the introduction of a new business project. Apart from this, Hong Kong is often regarded as a feasible place for introduction of new businesses as it offers soaring quality of banking, insurance and proficient services along with hard working and skilled workforce. Moreover, it is also the main gateway to perform business operations in the market of China. This is because , China offers workers at a sustainable rate which is not only helpful for any business enterprise, but also tends to preserve the interests of the workforce. It is also a significant factor which helps in expansion of the business in the national as well as international context thereby augmenting growth and brand identity (Bingley, 2011). Hence, with due consideration to these factors, Hong Kong might prove to be the most efficient place for the introduction of a new business project. 1.2 Literature Review According to Lethbridge & et. al. (2000), the location of Hong Kong is becoming one of the most favourable places for performing business operations being influenced by varied factors such as low tax requirement, freedom of currency exchange in trade and being the Special Administrative Region (SAR) of China, which offers a stable political environment of any business project. Thus, the nation of Hong Kong is highly preferred by most of the reputed industries operating globally (Deloitte, 2012). In addition, about 300 Chinese organisations are listed in Hong Kong, with a