Management of change (Reflection) Essay Example | Topics and Well Written Essays - 1000 words

Management of change (Reflection) - Essay Example I was very excited because this gave me an opportunity to have first-hand experience in working in the finance department. The first day was overwhelming since I was still adjusting to my role. I was too scared and did not understand how to go about fixing problems. In the course of the simulation, I was able to identify an area that I excelled in the process of managing change. I could identify areas that need change. For example, previously writing on invoices manual on paper. I was able to identify this shortcoming and introduce E-invoicing. That was a change that was welcome since no one wants to use paper. Management of change is all about timing. In the event that I noticed a shortcoming, I was quick to respond. The decision-making in the event of a need for change is an area that I noticed that I was good in ensuring effective management of change. Helping other employees in the process and adapting to change was another area I was effective in. I could take up helping other employees that met difficulties in the change process, which is necessary to ensure that the company moved forward as a whole. Accepting the possibility of making mistakes is also necessary for the change process. I noticed my lack of composure in the event of any change as a shortcoming. The new responsibilities bestowed upon me overwhelmed me. I reacted by avoiding the problem presented in the event of change. I found myself running away from the problems on the first day . I avoided tasks that needed a lot of concentration This was a sign of weakness and resistance to change. Being good at decision-making and deciding when and how to change things in the wake of a change was an area I was good. This is in the case of introduction of E-invoicing Problem-solving ability in managing change in the event that the invoice clearing was not on time and offering a solution was a strong point. I was also good at accepting challenges.

Computer Software and Information System Computer Software Essay Example for Free

Computer Software and Information System Computer Software Essay Computer software and information system computer software is no longer a major barrier to wide use of wireless information systems [writers name] [institutes name] computer software is no longer a major barrier to wide use of wireless information systems introduction to know about the connection of these topics it is must to know about the link between these phrases as well as the basic concept of these two. firstly to know what is computer software and wireless information systems and then secondly to discuss about their affects upon each other. computer software is basically some programs or events that are written just to achieve certain functions by the software engineers. events are the set of steps that is written and combined to make a program. Now there arises a question that what is a program then the answer of this question is that: programs are basically a set of rules and instructions on the basis of which a computer act to achieve certain functions. to perform specific set of actions on computers intelligently or normally is the basic need to write a program. wireless information systems are basically the systems that used wireless. what is wireless and why and how question arises then wireless as its name shows that it means some sort of transport of data and information among wireless devices without using wires. it can be used in form of mobiles pdas and on large scale radio is the example of it. Wireless information systems can be range on mobiles wireless devices and networks. the device used for it is basically a device that is installed first and then it can be used. wireless network and information processing system 2008 certain dependencies in case of wireless information systems there are certain dependencies. among those dependencies some of them are very basic and are: mobility of the user mobility of the resource explanation these dependencies can be differentiated in a way that in case of user mobility it can be in the form of travelling user whereas the case with the second dependency is that a network if created among multiple pdas and now in this case if the pdas are moving. Along with this dependency there is certain other as well. just to be focus on the actual behavior of the wireless and then wireless information systems only two are mentioned here to emphasize the main and important factors affecting the wireless in general. important features to consider about there are certain tendencies that are important to know about these systems. according to these information systems have to develop first. while developing these systems a software engineer needs to know the protocols specific rules of dealing on networks and standard to follow upon them and then to develop finally feldman 2007 there are certain standards that need to follow while considering wireless. In this way there appears a need to select a standard according to the type of wireless information system. those standards are as follows: iee802.11 iee802.11a iee802.11b iee802.11g iee802.16 iee802.16a open air home based blue tooth based discussion after implementation of these steps architecture to develop a software program is required. when these wireless systems developed then these should cope with the problem fairly on real time. if an architecture of software program is designed in such a way that it is safe for security flexibility and other issues as well. if technology is implemented selected in an improved way then an information system can work well. if there are leaks in the design and programming tactics and technology implementation then there would be a lot of leak in the system as well that result in a very severe or drastic problem. in this way it can be say that software programs that developed to resolve a problem needs attention in all these metrics to work up on and to get a better result. If there is a better program written by a programmer who is reliable and portable efficient and of strong functionality then fulfill the better requirement in this case. whereas if we are talking about the wireless information systems things become more sensitive as we are dealing on real time and gather a lot of security risks. thats why after applying and implementing rules and regulations and following the standards will get the better results. the use of wireless information systems is beneficial for the companies and organization in various ways first of all it is accessible in minimum resources. it reduces the time and mobility issues problem and enhances the productivity of the organization in this regard. wireless networking in the developing world session 2007 the use of wireless management systems can improve the effectiveness of applying multiple procedures. output of these procedures when resulted in a good form then increased or enhanced the productivity of the organizat ion in a fast manner. Well reputed industries companies and organizations are referring towards these wireless information systems that is very fast growing. along with all this there are still new advancements are just coming on the way to increase the quality of the projects or to attain the benefits of the technologies as much as it can be. references phillip m. feldman 2007 emerging commercial mobile wireless technology and standards suitable for the army: http://www.rand.org/pubs/monograph_reports/mr960/index.htmlwireless network and information processing system 2008 wireless network and information processing system 2008: http://www.freepatentsonline.com/7433699.htmlwireless networking in the developing world session 2007 wireless networking in the developing world session wireless network: http://wirelesssummit.org/content/cwns-and-developing-world

Game theory can help us understand firms interactions

Game theory can help us understand firms interactions How can game theory help us to understand firms interactions? Discuss the differences between quantity and price competition. Part I. Introduction Game theory analysis is a useful tool to study the behaviour of firms in oligopolistic markets- the fundamental economic problem of competition between two or more firms. In this essay I will focus on two of the most notorious models in oligopoly theory; Cournot and Bertrand. In the Cournot model, firms control their level of production, which influences the market price. In the Bertrand model, firms decide on what price to set for a unit of product, which affects the market demand. Competition in oligopoly markets is a setting of strategic interaction which is why it is analyzed in a game theoretic context. Both Cournot and Bertrand competition are modelled as strategic games. In addition, in both models a firms revenue is the product of a firms part of the market multiplied by the price. Furthermore, a firm incurs a production cost, which is dependant on its production level. In the simplest model of oligopolistic competition firms play a single game, where actions are taken simultaneously. All firms produce homogenous goods and demand for this good is linear and the cost of production is fixed per unit. In this market a Nash equilibrium in pure strategies exists in both the Cournot and Bertrand models. However, despite the many parallels between the models, the Nash equilibrium points are extremely different. In Bertrand competition, Nash equilibrium drives prices down to the same level they would be under perfect competition (p=MC), while in Cournot competition, the price at Nash equilibrium is unquestionably above the competitive level. Part II. Cournot and Bertrand Competition In 1838 Augustin Cournot published Recherches sur les Principes Mathematiques de la Theorie des Richesses, a paper that laid out his theories on competition, monopoly, and oligopoly. However Joseph Louis Franà §ois Bertrand concluded that Cournots equilibrium for duopoly firms was not accurate. He went on to argue whatever the common price adopted, if one of the owners, alone, reduces his price, he will, ignoring any minor exceptions, attract all of the buyers, and thus double his revenue if his rival lets him do so. Cournot had originally arrived at his equilibrium by assuming that each firm took the quantity set by its competitors as given, evaluated its residual demand and then put its profit maximizing quantity on the market. Here, each firms profit function is stated in terms of the quantity set by all other firms. Next, Cournot would partially differentiate each firms profit function with respect to the original firms quantity then set each of the resulting expressions to zero. In the case of a duopoly, Cournot could plot the equations in rectangular coordinates. Here, equilibrium is established where the two curves intersect. By plotting the first order conditions for each firm (i.e. the profit maximizing output of each firm given the quantities set by rivals) Cournot was able to solve for functions that gave the best reaction for each firm depending on the other firms strategies. In game theory this is known as a best response function. At the intersection of the best response functions i n Cournot competition, each firms assumptions about rival firms strategies are correct. In game theory this is know as a Nash equilibria. Therefore in modern literature market rivalries based on quantity setting strategies are referred to Cournot competition whereas rivalries based on price strategies are referred to as Bertrand competition. In each model, the intersections of the best response functions are referred to Cournot-Nash and Bertrand Nash equilibria consecutively, representing a point where no firm can increase profits by unilaterally changing quantity (in the case of Cournot) or price (in the case of Bertrand). The major conflict between Bertrand and Cournot Competition therefore lies in how each one determines the competitive process which leads to different mechanisms by which individual consumers demands are allocated by competing firms. That is, Cournot assumes that the market allocates sales equal to what any given firm produces but at a price determined by what the market will bear, but Bertrand assumes that the firm with the lowest price is allocated all sales. Being that Bertrand Competition and Cournot competition are both models of oligopolistic market structures, they both share many characteristics. Both models have the following assumptions; that there are many buyers, there are a very small number of major sellers, products are homogenous, there is perfect knowledge, and there is restricted entry. Nonetheless, despite their similarities, their findings pose a stark dichotomy. Under Cournot competition where firms compete by strategically managing their output firms are able to enjoy super-normal profits because the resulting Market price is higher than that of marginal cost. On the other hand, under the Bertrand model where firms compete on price, the limited competition is enough to push down prices to the level of marginal cost. The idea that a duopoly will lead to the same set of prices as perfect competition is often referred to as the Bertrand paradox. In Bertrand competition, firms 1s optimim price depends on where it believe firm 2 will set its prices. By pricing jus below the other firm it can obtain full market demand (D), while maximizing profits. However if firm 1 expects firm 2 to set price a price that is below marginal cost then the best strategy for firm 1 is to set price higher at marginal cost. In basic terms, firm 1s best response function is p1(p2). This provides firm 1 with the optimal price for ever possible price set by firm 2. The diagram below shows firm 1s reaction function p1(p2), with each firms strategy show on both the axiss. From this we can see that when p2 is less than marginal cost (i.e. firm 2 chooses to price below marginal cost), firm 1 will price at marginal cost (p1=MC). However, when firm 2 prices above marginal cost firm 1 sets price just below that of firm 2. In this model both firms have identical costs. Therefore, firm 2s reaction function is symmetrical to firm 1s with respect to a 45degree line. The result of both firms strategies is a Bertrand Nash equilibrium shown by the intersection of the two reaction functions. This represents a pair or strategies (in this case price strategies) where neither firm can increase profits by unilaterally changing price. An essential Assumption of the Cournot model is that each firm will aim to maximize its profits based on the understanding that its own output decisions will not have an effect on the decisions of its rival firms. In this model price in a commonly know decreasing function of total output. Furthermore, each firm knows N, the total number of firms operating in the market. They take the output of other firms as given. All firms have a cost function ci(qi), which may be the same of different amongst firms. Market price is set at a level so that demand is equal to the total quantity produced by all firms and every firm will take the quantity set by its rivals as a given, evaluate its residual demand, and then behaves a monopoly. Like in Bertrand competition, we can use a best response function to show the quantity that maximizes profit for a firm for every possible quantity produced by the rival firm. We observe a Cournot equilibrium when a quantity pair exists so that both firms are maximizing profits given the quantity produced by the rival. Part III. Conclusion In reality, neither model is more accurate than the other as there are many different types of industry. In some industries output can be adjusted quickly, therefore Bertrand competition is more accurate at describing firm behaviour. However, if output cannot be adjusted quickly because of fixed production plans (i.e. capacity decisions are made ahead of actual production) then quantity-setting Cournot is more appropriate.

A Red Red Spirit :: Sylvia Plath Suicide Poetry Poems Essays

A Red Red Spirit Life and death, beginnings and endings. The death of one person: the ending of two lives, or the beginning of both? Sylvia Plath, tumbling through madness toward suicide, created a collection of poems titled Ariel, and used the theme poem to express the revelations she had while planning her own suicide. Thirty years later, the man who was blamed for her madness and death - her husband, British poet Ted Hughes - finally responded to the accusations with a set of his own poems he called The Birthday Letters. His poem Red is a direct response to Ariel. The two poems seek to present opposing views of Plath's madness and the "revelations" she found within insanity. One sees her death as a beginning, an entrance into a new state of consciousness. The other looks at it as an ending, as the loss of something unique and priceless. Sylvia Plath seems to suggest that her entire life had been meaningless, flat blankness, but that her madness had opened her eyes to a new world. Ted Hughes appear s to look upon her death in a distinctly different way. He sees it as violent, as an enormous loss, as a fallacy that ruined everything Plath had. Plath states her feelings in the first stanza of Ariel: "Stasis in darkness. / Then the substanceless blue. / Pour of tor and distances." Her words suggest that she believes her entire life had been meaningless, flat blankness, but that the outpouring of emotion that went into Ariel allowed her to see things differently. She speaks of "substanceless blue." Blue - the color of the sky, representative of light and knowledge. The "pouring" of lava - which forms tor - suggests that the enormous number of poems she created in a very short period of time allowed her to gain knowledge she had never had access to before. Even the title of the poem seems to suggest an evolution within the author. The name Ariel has two different meanings. First, it is the name of a spirit in Shakespeare's The Tempest. This spirit, near the end of the play, is released from her servitude to Prospero, and becomes a being of pure energy, free and beautiful. There is a direct connection between this image, and the image of Plath gaining some new revelation near the end of her life, causing her to view the world in some new and wonderful way.

International financial market

International Financial Markets and Institutions Practice Test Paper Trimester One 2013 (15 Macs for practice) The actual test consists of 40 Multiple Choice Questions (You have one hour and 10 minutes to complete the actual test). 1. Financial markets and Institutions affect the profits of businesses. Affect the types of goods and services produced In an economy. C. Involve the movement of huge quantities of money. D. All of the above. 2. A. B. C. 3. Financial market activities affect pending decisions by individuals and firms. He economy's location in the business cycle. Personal wealth. The bond markets are important because they are markets where Interest rates are determined. They are markets where foreign exchange rates are determined. C. They are easily the most widely followed financial market In the United States. D. All of the above. 4. Typically, Increasing Interest rates encourages corporate borrowing. Discourages individuals from saving. Encourages corporate expansion. 5 . Every financial market performs the following function:It channels funds from lenders-savers to borrowers-spenders. It determines the level of interest rates. It allows loans to be made. It allows common stock to be traded. 6. Financial markets have the basic function of Bringing together people with funds to lend and people who want to borrow funds. Assuring that governments never need to print money. Both A and B above. Both B and C above. 7. Which of the following can be described as involving direct finance? A. A pension fund manager buys commercial paper in the secondary market. B. People buy shares in a mutual fund.An insurance company buys shares of common stock in the over-the-counter markets. None of the above. 8. A country whose financial markets function poorly is likely to experience hardship and financial crises. Enjoy high productivity. Increase its standard of living. Efficiently allocate its capital resources. 9. A bond's future payments are called its maturity val ues. Yields to maturity. Cash flows. Discounted present values. 10. As the price of a bond and the expected return bonds become more attractive to investors and the quantity demanded rises. A. Alls; rises alls;falls rises; falls rises; rises 11. The supply curve for bonds has the usual upward slope, indicating that as the price , criteria Paramus, the increases. Rises; quantity supplied rises; supply falls; quantity supplied falls; supply 2 13. When the price of a bond is above the equilibrium price, there is excess bond market and the price will demand; rise demand; fall supply; rise supply; fall in the How expectations are formed is important because expectations influence A. The demand for assets. Bond prices. The risk structure of interest rates. 14.According to the efficient markets hypothesis, the current price of a financial security is the discounted net present value of future interest payments. B. Is determined by the highest successful bidder. Fully reflects all available relevant information. Is a result of none of the above. 15. When asset prices fall in a boom, moral hazard may increase in companies that have lost net worth in the bust. B. Financial institutions may see the assets on their balance sheets deteriorate, leading to delivering. Both A and B are correct. None of the above are correct. International financial market International Financial Markets and Institutions Practice Test Paper Trimester One 2013 (15 Macs for practice) The actual test consists of 40 Multiple Choice Questions (You have one hour and 10 minutes to complete the actual test). 1. Financial markets and Institutions affect the profits of businesses. Affect the types of goods and services produced In an economy. C. Involve the movement of huge quantities of money. D. All of the above. 2. A. B. C. 3. Financial market activities affect pending decisions by individuals and firms. He economy's location in the business cycle. Personal wealth. The bond markets are important because they are markets where Interest rates are determined. They are markets where foreign exchange rates are determined. C. They are easily the most widely followed financial market In the United States. D. All of the above. 4. Typically, Increasing Interest rates encourages corporate borrowing. Discourages individuals from saving. Encourages corporate expansion. 5 . Every financial market performs the following function:It channels funds from lenders-savers to borrowers-spenders. It determines the level of interest rates. It allows loans to be made. It allows common stock to be traded. 6. Financial markets have the basic function of Bringing together people with funds to lend and people who want to borrow funds. Assuring that governments never need to print money. Both A and B above. Both B and C above. 7. Which of the following can be described as involving direct finance? A. A pension fund manager buys commercial paper in the secondary market. B. People buy shares in a mutual fund.An insurance company buys shares of common stock in the over-the-counter markets. None of the above. 8. A country whose financial markets function poorly is likely to experience hardship and financial crises. Enjoy high productivity. Increase its standard of living. Efficiently allocate its capital resources. 9. A bond's future payments are called its maturity val ues. Yields to maturity. Cash flows. Discounted present values. 10. As the price of a bond and the expected return bonds become more attractive to investors and the quantity demanded rises. A. Alls; rises alls;falls rises; falls rises; rises 11. The supply curve for bonds has the usual upward slope, indicating that as the price , criteria Paramus, the increases. Rises; quantity supplied rises; supply falls; quantity supplied falls; supply 2 13. When the price of a bond is above the equilibrium price, there is excess bond market and the price will demand; rise demand; fall supply; rise supply; fall in the How expectations are formed is important because expectations influence A. The demand for assets. Bond prices. The risk structure of interest rates. 14.According to the efficient markets hypothesis, the current price of a financial security is the discounted net present value of future interest payments. B. Is determined by the highest successful bidder. Fully reflects all available relevant information. Is a result of none of the above. 15. When asset prices fall in a boom, moral hazard may increase in companies that have lost net worth in the bust. B. Financial institutions may see the assets on their balance sheets deteriorate, leading to delivering. Both A and B are correct. None of the above are correct.

The Ultimate AP Human Geography Study Guide

The Ultimate AP Human Geography Study Guide SAT / ACT Prep Online Guides and Tips In your AP Human Geography class, you'll learn about the dynamics of societies around the world in economic, social, political, and environmental contexts. This course focuses a lot on ideas and models, along with terminology that defines the ways in which we've chosen to inhabit and change our surroundings. The following AP Human Geography study guide is designed to guide you through all the concepts covered in the course, with an emphasis on cumulative preparation for the AP exam. What Will You Get From This AP Human Geography Study Guide? This guide will help you review for assessments in your AP Human Geography class by providing links to practice resources and tips on effective study strategies. I'll also give advice that's specific to preparing for the final AP exam. In the first section, I’ll detail a step-by-step process you can follow to create and execute a customized study plan for the test.This process includes taking a diagnostic test, evaluating your weaknesses, studying the content areas where you struggled the most, and taking additional practice tests to check your progress. To follow up the study plan, I’ll list a few key study tips to remember as you revisit the course content and take practice exams.I’ll also give you notes for each topic area that you can use to study for in-class tests and review for the AP exam. Having all this information in one place will hopefully make studying for this class much less stressful! Creating a Study Plan for AP Human Geography In this section, I'll go through the steps of a basic study plan for the AP exam. Most of the principles will also apply to your studying for tests throughout the class, but full practice tests are only important when directly preparing for the final exam. You can use shorter topic-specific quizzes to diagnose your weaknesses in different units of the course earlier in the school year. Step 1: Take and Score a Full Practice Test The first step is to take a full practice test so you can get a better idea of your current score level.When you take the test, time it to the specifications of the real AP exam so that you’ll be able to tell if you have any issues with time management. Keep in mind that on the AP test, you only have an hour to answer 75 multiple-choice questions.To be on the safe side, you should try to get your time down to around 30 seconds per question.The only way to get used to this pace is to take practice tests under the same conditions. You might consider usingthis full practice test from Barron’s, which offers both timed and untimed versions with automatic scoring for multiple choice.As you take your practice test, circle or make note of any questions where you feel anything less than totally confident in your answer. Even if you end up getting them right, you should reexamine that content later in your review to increase your comfort level with the material. When you're done, score your test so you can see where you fall in the AP range. You can use this online calculatorfor a decent score estimation based on how many raw points you earned.Then, set a goal for improvement, and decide how many hours you’ll need to put into your prep.If you have a couple of months, you should be able to put in 20+ hours of study time.This will be an appropriate amount studying if you’re hoping to improve by more than one AP point.If you only need to improve by one point or are just looking to raise your score within the same range, you might be able to wait until the month before the test to start the rest of the process. You shouldn’t need to study for more than 10-20 hours. Step 2: Go Through Your Mistakes If you decide to begin the rest of this process now, go through your mistakes on the practice test, and categorize them.This is how you’ll decide which content and skill areas to focus on in your review.There’s no point in studying concepts and terms that you’ve already mastered.If you want to see real improvements, this is the most important stage of the study process.You can’t fix your mistakes unless you know what they are first! Step 3: Study Appropriate Content After you finish analyzing your mistakes, start looking at notes that correspond to the areas where you had the most trouble on the test.Make sure you’re fully absorbing the information as you read.In this case, flashcards might be useful because there are so many terms to remember for AP Human Geography.If you found the free response questions especially challenging, practice a few more of those before you move on to the next step.You can also use some of the sites I’ll link to later in this article to review specific topics with short multiple-choice quizzes. Step 4: Take a Second Full Practice Test When you feel that you’ve fully addressed all of your mistakes on the first test, you can take a second test to see if your scores have improved. Compare your new score to the goal you set in the first step, and decide whether you want to go through the study process again or are happy with your current score. If you're satisfied, you can take a break and just do a bit of light review up until the test. If you find that you haven’t improved, you should reevaluate how you conducted this process and make some changes to your strategy in the next round.Were you in an environment that was too distracting? Did you skim over our notes without really absorbing them? These are the kinds of things that can cause your progress to stall. For planning purposes, here’s the estimated time required for each of the steps in the process for this exam: Step 1: 2.5 hours Step 2: 1 hour Step 3: 2 hours Step 4: 2.5 hours It should take approximately eight hours total for a complete cycle. Of course, you can always extend the time you spend reviewing content if you’re rusty on a bunch of different topics or just want to be extra thorough. Clean off that rust with an acidic solution of facts. AP Human Geography Study Tips These are a few of the most valuable strategies to keep in mind as you go through your study plan to prepare for the AP exam.They should also be helpful in your preparation for smaller assessments throughout the school year in your class. Tip #1: Know Your Regions To get full credit for most free response questions, you have to provide specific examples to support your answers.That means being able to identify the characteristics of world regions regarding their various cultures, demographics, and physical environments.You’ll see a map of the major regions covered by AP Human Geography in the content section of this guide along with a list of seven topics.You should be able to locate each region and identify the relationship it has with each of the seven topic areas. Tip #2: Terms, Terms, Terms Although knowing your way around a map is important, much of AP Human Geography is about your knowledge of terminology.I’d highly recommend making flashcards or using online flashcards in your studying (I'll put a link to some of these in the upcoming content section!).Many multiple-choice questions are essentially just asking for definitions, and some free response questions begin by asking you to define a term that the rest of the question addresses in more depth. Even if it's not this direct, knowing your way around the language of the field of geography will make it much easier to understand questions without relying on shaky assumptions or inferences. Tip #3: Pay Attention to Important Models and Theories Human Geography is mostly considered a humanities subject, but there are some scientific elements to it. These show up in the form of demographic models that are introduced throughout the course. It's important to know how to read models and understand what they represent. You should also know how they connect to major theories in human geography and what those theories say about the development of society. I'll give you a link to a comprehensive list of models and theories at the end of the next section. Skylar, how many times do I have to explain homophones to you? YOU'RE. NOT. HELPING. AP Human GeographyTopics and Notes AP Human Geography covers seven major topic areas. In this section,I’ll list each of them followed by notes that cover relevant subtopics. You can use these notes in the content review stage of your final AP study process and during the year as you review for in-class tests.You might find these notes (from CourseNotes) difficult to get through because they’re written in such a way that it’s hard to pick out key concepts. There are a lot of long paragraphs with no bolding of important terms.If you find these notes borderline incomprehensible, you should try getting a review book that puts all the content in clearer terms. I thinkCracking the AP Human Geography Exam is a good starting point. As a precursor to the notes, here's a map of all the world regions that are discussed throughout the course. You'll need to consider how these topics apply differently to varying locations around the globe: Topic #1: Geography: Its Nature and Perspectives Geography and Human Geography Topic #2: Population The Earth As Humanity’s Home Fundamentals of Population: Location, Distribution, and Density Processes and Cycles of Population Change Where and Why People Move Topic #3: Cultural Patterns and Processes Cultures, Environments, and Regions A Geography of Languages Diffusion of Languages Modern Language Mosaics Origins and Distribution of Religions Religion: Location, Diffusion, and Cultural Landscape Religion, Culture, and Conflict Topic #4: Political Organization of Space Political Culture and the Evolving State State Organization and National Power Multinationalism on the Map The Changing Global Political Landscape Topic #5: Agricultural and Rural Land Use The Livelihoods of Rural Peoples Rural Settlement Forms Commercial Agriculture Global Disparities in Nutrition and Health Topic #6: Industrialization and Economic Development Industrial Activity and Geographic Location Resources and Regions: The Global Distribution of Industry Concepts of Development From Deindustrialization to Globalization Topic #7: Cities and Urban Land Use Civilization and Urbanization Urbanization and Location Urban Pattern and Structure Changing Civic Experiences Since terms are so important on the exam, I’d also recommend checking out this full list of all vocab covered by the course (provided by Quizlet) so that you can review all the vocabulary you need to know in one place. You should also check out this overview of all the different theories and models covered throughout the course. When lots of humans get together to form an urban community, they can't help but color on everything. What an adorable species. Resources for Reviewing Content In this section, I’ll go over a few different resources that you can use to test your knowledge of the content and take practice tests and quizzes. Review Books Review books are helpful resources that provide access to additional practice questions and tests.They often include diagnostic tests that will help you diagnose your weak areas accurately and with less legwork on your part.Especially in a subject like Human Geography that can be a little elusive, review books will help you figure out exactly what you need to study and how you should study it.Read my guide to the best review books for this course to get a better idea of which ones you should consider getting.Some solid review books include: Cracking the AP Human Geography Exam (Princeton Review) Barron’s AP Human Geography AP Human Geography Crash Course (REA) Official Free Response Questions (2001-2015) This includes all the free response questions that have been asked on the AP Human Geography exam since 2001.Be aware that the scoring guidelines are only included for 2004 onwards, so the first three sets of questions for 2001-2003 don’t have official answers that you can consult. Sporcle Geography Quizzes As I mentioned in the tips section, it's important to know your world regions for AP Human Geography so you can back up your answers with specific examples.You don’t need to be a complete expert on where every country is located, but these quizzes are both fun AND educational, so I’d recommend checking them out (warning: super addictive). Countries of the World Countries of Asia Countries of Europe Countries of Africa Countries of South America Countries of North America Varsity Tutors Diagnostic Tests This site offers four diagnostic tests for AP Human Geography with 75 questions each (multiple-choice only).The tests have automatic scoring, and each is given a preliminary difficulty level rating.There are also tons of mini-quizzes listed by concept if you want to practice topic-specific questions as well as flashcards that will help you learn all the course terminology. Learnerator Practice Quizzes There are quizzes on every topic with questions categorized by difficulty level. Quizzes range in length from 10-40 questions, and the site keeps a running tally of how many questions you’ve answered correctly in each category (easy, medium, and hard). Unfortunately, you do need to pay for access to the quiz questions in the "hard" category.It’s $25 to get full access to all the AP Human Geography questions, including a bunch of free response practice. Chapter Quizzes for Human Geography: Landscapes of Human Activities (11th Edition) If you select a chapter of this book on the left-hand navigation bar, you can scroll down and click on a link for a multiple choice quiz.These quizzes are helpful review materials even if your class isn’t using this particular textbook. Now, sit back and enjoy the fruits of your labor in the form of an A and/or 5. Conclusion This AP Human Geography study guide has covered a review plan for the AP test, tips for success in studying throughout the year, and a list of all the topics included in the AP Human Geography curriculum. Let's recap!The steps in a successful study plan should look something like this: Step 1: Take and Score a Practice Test Step 2: Go Through Your Mistakes Step 3: Study Appropriate Content Step 4: Take a Second Practice Test Again, you can go through this process multiple times if you don't get the results you want in the first round. Just pay close attention to whether or not you're improving. If not, make changes to amp up the effectiveness of your content review. Some study tips you should keep in mind as you study for both the AP test and in-class assessments include: Tip #1: Know Your World Regions Tip #2: Terms Are Important Tip #3: Pay Attention to Major Geographic Models and Theories After you're clear on the fundamentals of how to study, you can use the notes and practice resources in the second half of the article to prepare for unit quizzes, midterms, and the final AP test. What's Next? Are you thinking about self-studying this class or other AP classes? Find out more about whether AP self-study is right for your situation and which classes are the most manageable options. If you're still planning out your schedule for the future, check out our article on which other history classes you should takeafter AP Human Geography. You might also be interested in these articles that discussAP credit policies at colleges and which classes you should takethroughout the rest of your time in high school based on your college goals. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Negotiation in the Workplace Essay Example

Negotiation in the Workplace Essay Example Negotiation in the Workplace Paper Negotiation in the Workplace Paper Negotiation in the Workplace Name: Institution: Negotiation in the Workplace Introduction Within the office setting, time keeping and efficiency in performing duties is an important aspect of being an employee. The supervisors also carefully assess these and other duties to make conclusion on the level of employee productivity. When employees fail to deliver on their time schedules and productivity, it causes conflicts within the workplace especially between the supervisor and employees. The situation concerns two main people: Lisa and Marion. In this case study, there are two main parties. Lisa, who is an employee in a public relations company had recently transferred from overseas and is currently living in Australia with her parents. Lisa has a tight schedule that involves working the whole day at the office and then attending an evening course from 6-9 pm for two days every week. Additionally, Lisa also accompanies her sick mother to physiotherapy twice a week. On the other hand, Marion who is Lisa’s employer demands increased productivity levels from her empl oyee. Her main demand involves Lisa developing a regular and predictable pattern of work. Currently, both parties have slightly compromised, but the new arrangement was not effective as Lisa still came in late. Analysis Negotiation involves a discourse between several individuals or parties with the purpose of reaching a compromise, understanding, resolve a conflict, or to fashion outcomes to persuade a variety of interests demanded by the parties involved in the negotiation process (Forsyth Kay, 2008). Forsyth (2008) states that â€Å"†¦negotiators are at pains to take the broad view, to understand the other person’s point of view and what they are trying to achieve and why† (Forsyth and Kay, 2008 p. 87). Negotiation is a course of action where every party concerned attempts to thrash out benefits for themselves at the end of the negotiation (Michael, 2011). The main purpose of negotiation is to reach a compromise. Mannix et al (2008) states â€Å"†¦negotiation may occur among multiple members of a single group (within-group), including among factions or coalitions within the group† (p22). Within the workplace, numerous complications emerge that may require a negotia tion process to solve them effectively (Gatchalian, 1998). As Lyons (2007) argues â€Å"†¦we negotiate with other parties only when we can get more from an agreement with them, than from the other options we have† (p7). Each negotiation case is unique and, therefore, a negotiation process such as this will produce several results (Lyons, 2007). The main problem between Lisa and Marion involves proper time management and allocation of tasks in the public relations firm. The major cause of this problem revolves around Lisa and her inconvenient time demands that constantly made her delay the workplace tasks. These demands include taking her mother to the hospital and attending evening classes. The clash between Lisa and her employer Marion has occurred due to different priorities and responsibilities within the workplace. On one hand, Lisa needs to work, increase her education and take care of her ailing mother. On the other hand, Marion demands a more organized working environment particularly concerning Lisa’s department. She requires regular working hours that are covered by all employees fully. David (2010) asserts, â€Å"†¦people differ, and they use negotiation to handle their differences† (p18). The negotiation theory demands that people should make separate, dynamic decisions, and this can be inferre d to fashion a compromise between the two parties (David, 2010). The impact of the stalemate is twofold. On the employer’s side, Marion is bound to realise losses in the company’s productivity owing to the underperformance of one of her employees. The firm will also experience an increased labour burden arising from uncompleted tasks and pileups caused by Lisa’s absence and late coming. On her part, Lisa risks being demoted, transferred to another department, or even being sacked altogether. Currently, Lisa finds it extremely difficult to juggle between work and family life and this puts pressure on her productivity levels significantly lowering them. According to negotiation analysis, these two individuals are intelligent and competent enough and should seek out a mutual, concerted decision. In this situation, they can adopt an integrative negotiation and should desist from being distributive. A distributive negotiation would mean that either Lisa or Marion would have to be disappointed when they lose. Recommendation and Solutions The negotiation theory incorporates decision-making approaches as well as negotiation analysis. In this case, decision making approach will be applicable as the situation will require the person or people in authority to make decisions. Kochan (2003) maintains â€Å"†¦the essence of negotiation lies in identifying the interests of those involved and satisfying mutual interests while finding efficient and equitable tradeoffs†¦Ã¢â‚¬  (p33). The negotiation analysis approach will also be used, as the two parties will have eventually to come to an agreement. Several solutions exist that can solve the emerging problem in the public relations between Lisa and Marion. One of the solutions would be to entirely change Lisa’s working hours and transfer her to the night shift. This way she will have ample time to take care of her mother during the day and have time to attend her evening classes just before reporting for the night shift. These two responsibilities were the ma in issues on which her employer, Marion had focused. Evaluating alternatives is important as it provides other channels through which the problem shall be solved (Michael, 2011). The next solution would be to look for another receptionist that can cover Lisa’s tasks during the specific hours and days that Lisa would not be able to make it to the office on time. The alternative secretary should be able to solve the problem arising between the employee and her employer. Lastly, Lisa could be transferred to another department or position that would be less demanding and allow her to have time to further her studies and take care of her mother. The first solution can prove to be cumbersome and chaotic for both Lisa and her employer. Marion might end up with another receptionist who may not be competent and conversant with the workings at the office. Lisa will also be significantly inconvenienced as she would have to reorganize her program altogether. The next solution of employ another secretary would have adverse effects on the company’s financial reserves and slow down work in Marion’s’ office. Transferring Lisa to another department would also mean numerous inconveniences for her as she adjusts to the new settings, work description and employer. Negotiation is successful only when both parties accept the agreement (Forsyth and Kay, 2008 p. 89). Therefore, Marion should accept the terms as this would leave both parties satisfied. Justification In this situation, the best solution would be one that offers the least discomfort and disruption of lifestyle to both parties. Michael (2011) argues that â€Å"†¦in a principled negotiation process, the focus is on the interests behind the position† (line 38). Marion, the employer should accept to take up an assistant receptionist. In this way, Lisa would still be able to accompany her mother for therapy and attend her evening classes. However, the following aspects should be stressed. The hiring of an assistant receptionist does not mean that Lisa’s responsibilities and expectations will be lowered or reduced in any way. Lisa would still be expected to show up and leave at a certain time agreed between her and her employer. The assistant’s main role is to cover for Lisa and, therefore, her services would be necessary on the hours that Lisa would be absent. In the short term, Marion would have a hard time as the new assistant would have a difficult time getting used to the program and being productive. Marion would also have to allocate increased company funds to pay the assistant and furnish her desk and other related expenses. However, in the long term, the public relations office will be more streamlined and effective in performing its duties because of two factors. One, Lisa and her assistant would be more organized and coordinate in their operations at the office. Their combined contributions would lead to a higher turnover for the company (Kochan Bruce, 2003). Therefore, this solution may seem disadvantageous in the short term, but in the long term, it is a relatively cheap and easy way to invest in the future of her receptionists, solve some of the issues plaguing Lisa and organize the office demands. This solution is also fair as Goldman Shapiro (2012) argue that negotiation â€Å"†¦makes a situation fair† (p29) The game theory element in the negotiation theory can be used to explain why this solution was the most appropriate. Game theory proposes the employing of mixed strategies of conflict and cooperation in varying levels to achieve a compromise that is satisfactory to both parties. In this case, Marion who is Lisa’s employer needs to choose slight cooperation with her situation but also ensure that her productivity does not deteriorate. Therefore, the assistant receptionist would represent Marion’s decision to cooperate with Lisa. In return, this would have the effect of increasing her morale and result in higher output in the workplace. The game theory has the advantage of providing wholesome solutions when applied (Mannix et al, 2011). According to Fells (2012), one crucial feature of most negotiations is the need for reciprocity. He states â€Å"†¦reciprocity is a feature of many social interactions including negotiations. What one party does tend to be matched or reciprocated by the other.† (Fells, 2012) Implementation and Conclusion The solution will be implemented in two phases. The first phase will involve the orientation period where the assistant secretary will be guided through the office schedule, protocols and procedures by a joint team consisting of Lisa and any other human resource officer. This grace period should last for a maximum of a month after which the assistant should be fully settled and well briefed on the daily operations in the office. The next phase is the most critical one. At this stage, Lisa can adopt the new schedule that would allow her to conduct her personal businesses (studying and tacking care of her mother) without the hindsight that there is unfinished work at the office. During this period, the employer will also be closely monitoring both employees to ensure that the new system is correctly implemented. Other areas that may need reform would be human resource and finance departments that would have to include the new employee into their records. In summary, the problem existe d between Lisa and Marion, her employer. The issue of time management had created a conflict between Lisa and her employer. The solution arrived at was to employ an assistant secretary and this enabled the office to be more efficient. Luecke (2010) asserts that negotiations officially end â€Å"†¦with some form of resolution. Resolution might take the form of one party walking away†¦a written agreement may be signed, complete with enforcement mechanisms† (Luecke, 2010, p.34). References David C. (2010). ‘Getting to yes’ through negotiation. The Quill, 98(1), 37. Fells, R. E. (2012). Effective negotiation: From research to results. Cambridge: Cambridge University Press Forsyth, P., Kay, F. (2008). The art of successful business communication. London: Institution of Engineering and Technology. Gatchalian, J. C. (1998). Principled negotiations – a key to successful collective bargaining. Management Decision London Then Bradford-, 36, 222-225. Goldman, B., Shapiro, D. L. (2012). The psychology of negotiations in the 21st century workplace: New challenges and new solutions. New York: Routledge. Kochan T., Bruce. D. L. (2003). Negotiations and Change: From the Workplace to Society. Ithaca. N.Y. Cornell University Press. Luecke, R. (2010). Best practice workplace negotiations. New York: American Management Association Lyons, C. (2007). I win, You win: The essential guide to principled negotiation. London: A C Black. Mannix, E. A., Neale, M. A., Overbeck, J. R. (2011). Negotiation and groups. Bingley, U.K: Emerald. Michael L. (2011). Don’t leave good business on the table: Five strategies to negotiate win-win deals. Agency Sales, 41(5), 34.

20th century Latin America

In chapter thirty-one many different aspects of 20th century Latin America are discussed. After the passing of the 19th century Latin America was not only able to continue to function without creating a new nationhood but also able to stay away from warfare and conflicts that would destroy the country. The only major war that occurred was from 1932-1935 was the Chaco war between Bolivia and Paraguay. One unfortunate aspect was that there was violence in the country against peasant protesters and Indian minorities as landowners who were being killed while the caudilos were trying to keep their power. A theme of Latin America was the revolution in the beginning of the 20th century. This revolution was mainly about the political structure and governmental reform. With the population growing this brought about economic problems that needed severe change for Latin America to survive in the 20th century. The last theme of the chapter is through out all these political and economical problems facing Latin America they were still able to grow as a culture. This growth was in areas of painting, architecture, and literature. The Mexican Revolution, from 1910-1917, was the great event of the early 20th century in Latin America, though it directly affected only the one major nation (Stearns p.614). The revolution dates back to 1900 when intellectuals started to look at how corrupt Porfirio Diaz was as a leader. This soon spread out to more people such as urban workers and the peasantry. Their main goal was to get the economic side of Mexico back in their rule and not outsider rule such as the United States investors. The peasant leader was Emiliano Zapata who believed in "Land and Liberty". Pancho Villa was the Bandit leader who robbed from the rich and gave to the poor. After Diaz escaped Francisco Madero tried to become the new leader but people felt that he was not looking out for the working-class and he soon lost the revo...

Reality Television Dissertation Example | Topics and Well Written Essays - 5250 words

Reality Television - Dissertation Example Media provides knowledge through a never-ending list of channels like News, history, education, sports and so on. Initially, this field was restricted only to professionals. But with the advent of reality television shows, normal people found their way to participate and contribute towards media development. The initial efforts were first applied for on-air voice shows and after their resounding success made way into the visual screen; television. Reality television shows, which show real life, are generally unscripted drama or real events pictures on ordinary people rather than professional actors. In addition, hundreds of reality TV websites are devoted to keeping viewers informed about a different range of TV programmes related to merchandise, news, and fan activities1. Ever since TV gained popularity, it is the fore-runner among media development giving the real-time account of happenings in the world. Based on featuring style, purpose and used situations, these shows can be broadly classified in categories like documentary-style, elimination game/quiz shows, self-improvement/makeover, dating shows, talk shows, hidden camera, and hoaxes2. There are lots of controversies regarding reality TV about being real. Many accidents happened during shows. And even many people don't like it due to various reasons. Sometimes these persons are family members of the participant. In spite of these many obstacles, reality TV business in expanding daily and gaining more and more popularity. Reasons for this is its use to ordinary people, many social issues raised and many more. Next sections explain about reality TV in detail and convince the reader about how reality TV efficiently deals with issues like work, home, public, domestic, competition, co-operation, relationships, betrayal, deception, testing, trust, success, winning, failure, celebrity, voyeurism, surveillance, and control.

Female Body and Conflict Between the Sexes in L'Atalante by Jean Vigo Essay

Female Body and Conflict Between the Sexes in L'Atalante by Jean Vigo and Les Enfants du Paradis by Marcel Carne - Essay Example The movie plot turns around the life of Juliette and her husband Jena. After marriage Juliette accompanies Jean on his ship; but she is bored of the monotonous life of sailing in the sea. The newly-weds during their travel on the waterways of France halts at Paris. Juliette tries to break free from the monotony by venturing into the nightlife of the city; actually a street peddler in a music club of Paris lures her. She is enamored with vibrant city and her desire to taste the intoxicating pleasures of Paris nightlife angers Jean and he sets sail without her. But grief and a desire for meeting his wife put Jean in a state of depression. Juliette is lost in the world of prostitutes, thieves and beggars; she frantically searches for her husband and the barge. Pere Jules, an aged second mate of the ship makes honest effort to find Juliette and succeeds in happy reunion of the couple. Jean Vigo’s French film is also known as ‘Le chaland qui passà ©Ã¢â‚¬â„¢ (The Passing Barge). From the plot it is quite evident that is based on the universal conflict of sexes. Jean feels that Juliette has no right to independent pleasures. The female body of Juliette is his object of desire. The passionate film-maker’s direction and the cast’s riveting performances have made this movie feature in the list of some of the best movies made worldwide. It has the elements of drama, romance, and fun; it is greatly sexual in flavor. The cinematic technique that Jean uses in his movie is visual fantasy alike his feature film titled Zero de Conduite (Zero for Conduct). For this we need to say that Jean Vigo’s camera direction and arrangements could create stunning visual compositions. He conveyed his messages through images; if words were used it was to add fun and humor, so that a comic effect is generated in the movie. The opening sequence of the film shows the couple’s shift from the church aisle to the cargo

Three Ted Talks Wk 1 Essay Example | Topics and Well Written Essays - 250 words

Three Ted Talks Wk 1 - Essay Example hin the social setting, it is not acceptable that the marketing ambitions of businesses must be made to override their social responsibilities (Shrivastava & Berger, 2010). Whiles discussing this all important topic, the two Michaels seemed to have diverging but equally practical views. For Porter, he sees businesses as being in a better position to tackling social problems. This is something that Porter believes must not be difficult to do while generating salaries and tax money. Sandel on the other hand feels that there is being enormous monetization of our culture. His fear is that once this happens then businesses can buy their ways through social problems by paying off for these. From a personal reflective perspective, it would be said that even though the monetization of our culture may generally not be a good idea, it should not be a reason to hold businesses accountable for their abilities to tackle social problems as Porter outlines. This is because as it has been indicated earlier, businesses are no longer in a marketplace that is detached from the larger society but rightly attached to the social setting in which they

Apply personel experiences to the text assigned and read Essay

Apply personel experiences to the text assigned and read - Essay Example Indeed, the broader aims and objectives of the education are to empower the students to make effective and rational choice in the personal and professional lives. While my personal experience has been contradictory to the ones portrayed by the authors, it has nevertheless, raised many pertinent questions regarding modern education system and the role of teachers, schools and environment. Does our education system really ensure equity amongst the emerging multicultural society and help equips the students with skills to make decisions based on informed choices? Gatto questions the validity of ‘schooling’ and questions whether ‘this deadly routine really necessary’? (71). Yes, it is necessary. It is key facilitating platform that provides one with the learning environment and routine so it could be promote wise use of it in one’s daily life. My father’s insistence on 100% attendance was but to inculcate a routine and an interest in the school activities. The school education helps us to utilize the knowledge gained in constructive manner to improve our lifestyle and living standard. My early education has remained the most significant part of life because it has taught me to explore new vista for improved results. I liked to engage in discussion with my peers and get new perspectives on issues and lessons taught in the class. The habit has become the strongest point of my character. The purpose of education is to exhort the students to apply informed choices in their decision making. Rose emphasizes that ‘through exceptional teachers†¦students learn to develop hypotheses and troubleshoot, reason through a problem, and communicate effectively - the true job skills’ (91). Indeed, good teachers are able to effectively tap the potential of the students. My personal experience corroborates with his view because the very system has taught me to understand the changing social values and helped me to widen my horizon of

Case about the International Committee of the Red Cross (ICRG) Assignment

Case about the International Committee of the Red Cross (ICRG) - Assignment Example The intention of this study is the ICRC as an international organization that has faced with major global challenges due to the fact that its workforce comes from different cultural backgrounds. The level of cultural change is very minimal and measures need to be taken to improve the situation. If well managed, global diversity can ensure that resources of ICRC are harnessed and transformed into very important asset for the organization. However, this cannot be realized in the absence of a change in the culture of the organization. HR functional practices need to transcend across all departments and be supported with a good culture that encompasses all the needs of its employees. The issues that affect ICRC have been in existence for quite some time now but effective measures have not been undertaken to ensure that they are tackled in the global perspective and the organization is still clouded with origin issues where the Swiss culture seems to play a deciding role in what happens w ithin the headquarters of the organization and without in other foreign missions. There is a general assumption in this study that achieving a global diversity through cultural change is possible if well managed. Certain limitations do exist such as resources to be applied in such a massive restructuring program to meet the objectives of the plan. The refining of specialist HR supported functions is very essential if ICRC has to realize its objectives and this will have to be done through a program which paves the way for a change in culture. Certain key factors for such an ambitious program have been outlined and analyzed. There are critical elements which need to be put into account to enable the organization achieve this course. Conclusion has been drawn putting in mind the key concepts or theories relevant to the subject and these have been related to the evidence as far as the facts are concerned. Recommendations made are in line with the program that has been discussed in the analysis. These recommendations are actually some of the crucial things that need to be done in order to realize the success of this plan. An implementation program has been set to outline the relevant action steps that could be followed in order to meet the target of refining the specialist HR supported functions

Native American Culture Essay Example | Topics and Well Written Essays - 1000 words

Native American Culture - Essay Example They had a value system in place before being colonized, which consisted of four commandments; respect mother earth, respect the great spirits, respect our fellow man and woman, and finally respect for individual freedom. The last commandment was violated by the incoming Europeans as they took away their freedom and way of life. Health Care Beliefs In Native America, there is the belief that is centered on interconnectedness, meaning that everything on earth is connected and therefore has a spirit. Medicine refers to remedies, actions and any type of prayer used to honor the sacred being. From the Native American point of view, medicine is about curing the ailing person rather than healing, and the traditional healers oversee these operations with their aim being to make a person whole again. Traditionally, Native Americans are of the opinion that sickness is due to spiritual troubles, and if a person falls sick then the person is imbalanced, and his or her thoughts are negative. The healers believe that conditions, which are inherited from the parents to the child, are hard to treat and the main cause is an immoral lifestyle led by the parents. The main purpose of traditional healers is to restore an ailing patient back to a state of being whole, and a healthy and pure state of mind, body and soul. The healers combine rituals, religion, herbal medicine and spirituality to treat ailing people. Practices widely used by the traditional healers include the utilization of purifying methods, herbal remedies, symbolic healing and shamanism to clean the body and soul. In rituals, family and friends can be used to invoke the spirits to aid in the healing of the sick person. Natives seek the direction of medicine men and healers for spiritual purposes, and to be reassured about something, the place to go is to the traditional healers. The Native Americans use the modern medicine to treat the White man’s illness and use Indian medicine to treat Indian diseases. Ac cording to the American Indian people, every person on earth is here for a reason and when the reason is attained, the person dies. Upon a person’s death grieving is not held for a long time since it acts as an obstacle to the dead, as it prevents them from entering the new world. Differences of Health Care Beliefs The Native Americans believe in cooperating with one another to achieve any obstacle while the Americans competition reigns supreme; the principals of capitalism are applied. As a sign of respect, eye contact is not maintained in health institutions, and it becomes difficult to diagnose a patient. As sign of honesty and earnestness, eye contact is maintained and diagnosing a patient becomes easy with the Americans. To the Native Americans listening is preferred to speaking therefore; it becomes difficult to know what ails the patient. Emphasis is placed on expressing what a person feels among the Americans therefore the ailing person will communicate with the nurse s and doctors. According to Native Americans, emphasis is put on non-verbal communication and observation while the Americans emphasis is placed on communication, which is considered as very important since a patient is able to open up. Native Americans do not criticize the person administering the health services directly thus it becomes difficult to rectify ineffective situations in health facilities. Conversely, in the American culture, criticism is expressed directly, with the reason being that the patient

Apply personel experiences to the text assigned and read Essay

Apply personel experiences to the text assigned and read - Essay Example Indeed, the broader aims and objectives of the education are to empower the students to make effective and rational choice in the personal and professional lives. While my personal experience has been contradictory to the ones portrayed by the authors, it has nevertheless, raised many pertinent questions regarding modern education system and the role of teachers, schools and environment. Does our education system really ensure equity amongst the emerging multicultural society and help equips the students with skills to make decisions based on informed choices? Gatto questions the validity of ‘schooling’ and questions whether ‘this deadly routine really necessary’? (71). Yes, it is necessary. It is key facilitating platform that provides one with the learning environment and routine so it could be promote wise use of it in one’s daily life. My father’s insistence on 100% attendance was but to inculcate a routine and an interest in the school activities. The school education helps us to utilize the knowledge gained in constructive manner to improve our lifestyle and living standard. My early education has remained the most significant part of life because it has taught me to explore new vista for improved results. I liked to engage in discussion with my peers and get new perspectives on issues and lessons taught in the class. The habit has become the strongest point of my character. The purpose of education is to exhort the students to apply informed choices in their decision making. Rose emphasizes that ‘through exceptional teachers†¦students learn to develop hypotheses and troubleshoot, reason through a problem, and communicate effectively - the true job skills’ (91). Indeed, good teachers are able to effectively tap the potential of the students. My personal experience corroborates with his view because the very system has taught me to understand the changing social values and helped me to widen my horizon of

Native American Culture Essay Example | Topics and Well Written Essays - 1000 words

Native American Culture - Essay Example They had a value system in place before being colonized, which consisted of four commandments; respect mother earth, respect the great spirits, respect our fellow man and woman, and finally respect for individual freedom. The last commandment was violated by the incoming Europeans as they took away their freedom and way of life. Health Care Beliefs In Native America, there is the belief that is centered on interconnectedness, meaning that everything on earth is connected and therefore has a spirit. Medicine refers to remedies, actions and any type of prayer used to honor the sacred being. From the Native American point of view, medicine is about curing the ailing person rather than healing, and the traditional healers oversee these operations with their aim being to make a person whole again. Traditionally, Native Americans are of the opinion that sickness is due to spiritual troubles, and if a person falls sick then the person is imbalanced, and his or her thoughts are negative. The healers believe that conditions, which are inherited from the parents to the child, are hard to treat and the main cause is an immoral lifestyle led by the parents. The main purpose of traditional healers is to restore an ailing patient back to a state of being whole, and a healthy and pure state of mind, body and soul. The healers combine rituals, religion, herbal medicine and spirituality to treat ailing people. Practices widely used by the traditional healers include the utilization of purifying methods, herbal remedies, symbolic healing and shamanism to clean the body and soul. In rituals, family and friends can be used to invoke the spirits to aid in the healing of the sick person. Natives seek the direction of medicine men and healers for spiritual purposes, and to be reassured about something, the place to go is to the traditional healers. The Native Americans use the modern medicine to treat the White man’s illness and use Indian medicine to treat Indian diseases. Ac cording to the American Indian people, every person on earth is here for a reason and when the reason is attained, the person dies. Upon a person’s death grieving is not held for a long time since it acts as an obstacle to the dead, as it prevents them from entering the new world. Differences of Health Care Beliefs The Native Americans believe in cooperating with one another to achieve any obstacle while the Americans competition reigns supreme; the principals of capitalism are applied. As a sign of respect, eye contact is not maintained in health institutions, and it becomes difficult to diagnose a patient. As sign of honesty and earnestness, eye contact is maintained and diagnosing a patient becomes easy with the Americans. To the Native Americans listening is preferred to speaking therefore; it becomes difficult to know what ails the patient. Emphasis is placed on expressing what a person feels among the Americans therefore the ailing person will communicate with the nurse s and doctors. According to Native Americans, emphasis is put on non-verbal communication and observation while the Americans emphasis is placed on communication, which is considered as very important since a patient is able to open up. Native Americans do not criticize the person administering the health services directly thus it becomes difficult to rectify ineffective situations in health facilities. Conversely, in the American culture, criticism is expressed directly, with the reason being that the patient

Internship Case Study Essay Example for Free

Internship Case Study Essay Follow the organizational format provided. Clarity of writing and proper usage, grammar and spelling are expected. The case study must be typed and double-spaced, using a standard term-paper format of 1† margins at the top, bottom and right and a 1. 5† margin on the left. Use a 10 or 12 point typeface. Case studies should be placed in a folder or notebook. The student’s name, Communication Internship, semester, and the sponsoring organization are to appear on the front. PART I: INTERNSHIP SETTING (3-5 pages) 1. Explain the role and purpose of the organization with which you are doing your internship. Give a brief history of the organization. Describe the internship site (a photo is helpful but not mandatory), and provide the current staff size. 2. Outline the organization’s current leadership, including the educational and professional background of those in top positions (or those you work with most directly). 3. Prepare an organizational chart with names and titles of those in the direct chain of command over you, from the owner/president to your immediate supervisor to you. 4. List the organization’s â€Å"publics† (its audiences, people it influences or affects). Define these publics, using your organization’s latest data (circulation figures, listing of clients, viewership/listenership ratings, number of employees, etc. ) 5. Describe the local/regional competition, and report how your organization ranks. 6. Find out how the organization has changed in the past year (for example, new personnel, labor problems, the addition/loss of major clients, new mass communication thrusts, technological changes, etc. ) 7.  Learn the history of internships in the organization, and tell whether supervisors view previous internships as successful. PART II: SUMMARY AND EVALUATION (5-8 pages) 1. Describe working conditions and typical working hours. 2. Write a narrative (or, preferably, keep a weekly journal which chronicles events, issues, tasks and results throughout the internship). This should be a lively synopsis of the internship which includes examples that bring the experience to life. 3. Cite what was appealing and what was not appealing about the internship. Tell whether you would consider this type of work after graduation. How has your internship experience affected your career plans? PART III: INTERNSHIP PORTFOLIO Provide five to ten examples of your internship work (news and feature stories, tapes, campaigns, ads, newsletters, PSAs, etc. ). Show as much diversity in your work as possible. Present the portfolio in an easy-access form for inclusion in a standard 8 1/2 by 11 binder. You may want to use portions of your portfolio in your oral presentation to the class. Interns who are engaged in electronic media or multi-media production or on-air work may submit work samples on audio tape, video tape, or computer disk (when required hardware and software are available to the instructor). All portfolio items must be accompanied by a written explanation of the intern’s role in producing each of the items submitted. If there is some reason the instructor should not write on a portfolio item (for example, this is your only copy), please include a note to that effect.

Market Entry Into Turkey For Lifeway

Market Entry Into Turkey For Lifeway The term global business is becoming more familiar in the current business context where, more and more small and medium enterprises (SMEs) trying to expand into overseas market. A similar company called Lifeway is a U.S.A. SME, which is rapidly growing in the home market. In 2008, the company was named 49th Fastest Growing Business by an American Magazine, Fortune Small Business (Lifeway, 2008). Given that Lifeway intends to expand into overseas market (outside U.S.A), the Group report requires to provide analysis for the proposed host countrys strategic environment as well as a properly evaluated market entry mode for the company. We used three different analytical tools for analysing host countrys strategic environment that are described below: Hofstedes Model of National Culture Porters Five Forces PEST Analysis We evaluated different Market Entry Modes for Lifeway and selected Exporting as a Market Entry from the following: Licensing Strategic Alliances Foreign Direct Investment Export We selected Turkey as a host country for Lifeway to expand its operations into overseas market. Turkey is one of the largest producers of dairy products in its region as well as the countrys location is of a strategic importance, as its geographical location is connected to both sides of East and the West (Europe). We chose exporting as a market entry for Lifeway to expand into Turkish market. Host country strategic environment analysis It is crucial for Lifeway to critically evaluate Turkeys strategic environment. The strategic environment comprises of various variables such as Government regulation, Countrys financial risks, culture, political stability, economy security risks, competitors, suppliers and technology. Hofstedes Model of National Culture According to this model a countrys cultural values can be implicated with different aspects of the business e.g. Human Resource Management, Leadership Styles, Motivational Assumptions, Decision Making and Organisational Decisions and Strategy (Hofstede Bond, 1988). Power Distance According to Hofstede, Turkey is a comparatively high power distance culture as compare to U.S.A. Organisational structures of companies in Turkey are likely to be tall pyramid with many supervisors and managers. Only top level management has the power to make strategic decisions. The wage difference between superiors and workers is high; management is authoritative and high level education takes precedence over performance. In contrast the opposite is true for the companies and businesses in U.S.A. like Lifeway. Individualism The figure-1 (see p.2) shows clearly a huge difference in both the countrys cultural values in individualism. In collectivist society like Turkey, job selection process for management is usually based on family references. It is also assumed that managerial promotions are based on seniority and age. Conversely in U.S.A. an individualistic society, promotions are based on an individuals ability and qualification rather than age and personal references. Masculinity According to Hofstedes model masculinity in Turkey is low, 45 and high in United States, 62. In most cases Turkish leadership styles emphasise on quality of life rather than work. Moreover organisational structure is small with decision making mainly by groups. This is quite opposite to American society where organisational structure is usually large; emphasis is on achievement, motivation and self reliance. Uncertainty Avoidance There is a high level of uncertainty avoidance in Turkish cultural as compare to American culture. In business perspective, organisations in Turkey would have clear rules, regulations, standardise procedures, formalised structure and risk avoidance. People want job security, are committed to long-term contracts as well as loyal and predictable. It reduces potential employee turnover in the organisations. However organisations and people of U.S.A are willing to take risks, businesses have less regulation and workers have autonomy. Long-Term Orientation There is no data for Turkey; however United States is a short-term oriented society (see figure-1, p.2). In U.S.A., employees are selected on the basis of skills and ability with quick rewards and promotions having less job security unlike long-term oriented societies. Turkey can be classified as a long-term oriented society on the basis of other Hofstedes dimensions. There are a few question marks about Hofstedes cultural dimensions concerning the accuracy of the data. Information found may be contradicting e.g. Turkey, a high uncertainty avoidance culture implicates larger organisations however it is also low in masculinity which implicates smaller organisations. Hence information should be considered as a guideline therefore cultural pa, therefore, stereotyping should be avoided. However it is a good starting point for Lifeway to have an idea of a very diverse culture as compare to its own. Porters Five forces Porters five forces is a widely known strategic business analytical tool which helps managers to understand better the industry context in which the firm operates. Industry competitors There are numerous competitors in the probiotic industry. All of these companies operate internationally as well as in Turkey. This indicates the presence of market within the country. According to a new market research report, Probiotics Market (2009-2014), published by (Marketsandmarkets, 2010), the global probiotics market is expected to be worth US$ 32.6 billion by 2014, with the Europe and Asia accounting for nearly 42% and 30% of the total revenues respectively. The global market is expected to record a CAGR of 12.6% from 2009 to 2014. The following list below mentions Lifeway main competitors. Group Danone: their main probiotic product is Actimel probiotic yoghurt drink containing a unique culture called L.casei Imunitass, which is exclusive to Danone. (Presence in Turkey). Yakult Honsha: they produce a drink called Yakult. Yakult is a fermented milk drink containing lactobacillus casei Shirota Developed by Dr Minoru Shirota, the drink has been around for about 70 years in some form. It was initially only produced in Japan but is now made in Holland for distribution throughout Europe. (presence in Turkey) Nestle Nutrition Nestlà © probiotic products are mainly based on its LC1 brand and include: Ski BioVita: probiotic yoghurt containing LC1 culture. Sveltesse Optimise 0%: a probiotic, fat free, dairy drink containing a probiotic and fibre, available in Strawberry and Pineapple flavours. Munch Bunch Drinky (UK): a yogurt drink designed for children, containing fruit puree and a gentle probiotic for children. It is claimed that the probiotic, lactobacillus fortis, is specially designed for children. (Presence in Turkey) Probiotics Whilst functional drinks still occupy the largest market share (at around 50% of all sales) probiotics (mainly dairy products) and probiotics (comprising mainly dairy products, cereals and baked goods) are the next largest sectors. Across Europe, the probiotic industry accounts for more than à ¢Ã¢â‚¬Å¡Ã‚ ¬1.4bn at consumer prices. These figures speak for it, the probiotic drink market has been rising since the year 2000 and the forecast is increasing (RTS Resource Ltd., 2010). Potential Entrants Entry Barriers: The capital cost of entry into the food industry is high especially since it will have to compete with the big name such as Danone, Yakult and also Lifeway Kefir. Substitutes These are some examples of substitutes to probiotic drinks: Probiotic capsules (new trend) Symprove (new probiotic in a non-dairy drink) The level of differentiation for Lifeway products is moderate as they manufacture all of their range, quality being one of the most important feature as well as health and wellbeing. Bargaining Power of Buyers Buyers on the food market have high power as there is a large range of probiotic drinks, therefore competitors will be offering similar products and prices. Buyers will go to the store that offers a lower price. Everyone needs food on a daily basis; the number of buyers involves everyone. Lifeway could introduced their latest ranges created recently which could lead to product differentiation in regards to other probiotic drink, these approach could lead to a decrease in the bargaining power of buyers. The cost of switching from one brand to another is very low; usually there is more than one probiotic drink on the shelf of supermarkets. New trends have pushed buyers to purchase their goods online. Bargaining Power of Suppliers In this particular case the business is considering expanding to Turkey, suppliers will have less power. Lifeway is attempting to gain competitive advantage by cheaper outsourcing; a search for best suppliers in Turkey should result in a good deal. Suppliers in Turkey will want to secure a contract with a company with Lifeways profile. However at the present Lifeway is only intending to export their goods to Turkey. Lifeway is the countrys leading manufacturer of Kefir, these represents a main advantage as the organization enjoys the benefits of economies of scale in the home country. Pest Analysis In view of Lifeway new environment (Turkey), the PEST analysis is a critical analytical tool for evaluating a countrys strengths and weaknesses. It focuses on political, economical, social and technological factors and also helps to develop a broad view of a countrys landscape. Political Factors Turkeys policy is based on liberalisation and free trade and also attempts to create location advantages to attract foreign companies (Datamonitor, 2009). In 2003, the Turkish government introduced the Foreign Direct Investment (FDI) Law to improve FDI policy. It mainly contains the abolishment of restrictions which leads to an equal treatment of foreign and domestic companies. Furthermore, Turkeys main political goal is to achieve EU membership. This is a major political advantage if the country achieves EU membership, as companies would benefit from EU free trade policies in Turkey. This in turn opens the door to invest easily in other EU member countries for companies based in Turkey. Lifeway is one of the first companies in the dairy sector intending to expand in Turkey. In contrast, there still exists a high political risk in Turkey. According to A.M. Best Company (2009), Turkey seems to be unstable especially focusing on regional, social and governmental aspects. Major reasons for these instabilities are the terrorist groups, who are responsible for a mass of attacks in recent years and the existence of high corruption (Datamonitor, 2009). In addition, the tax system is very unstable according to OECD. The IMF, the World Bank and the investment environment by FIAS (Foreign Investment Advisory Service) have signaled concerns about the complexity of Turkeys tax system. This complexity has been exacerbated by tax policy instability coupled with high and unstable inflation rates (OECD, p.6). These high inflation rates, e.g. 10.4% in 2008 are quite higher than inflations rates of other western European countries (PRS Group, 2010). Generally Turkey indicates a high political risk (CRT-4) which is defined as Relatively unpredictable and nontransparent political, legal and business environment with underdeveloped capital market, stated by AMB (2009, p.4). Hence high political instabilities and risks have an adverse effect on foreign companies like Li feway where it takes time to adapt to the political condition in Turkey. Economic Factors Due to the political instability in Turkey, this has a negative impact on the overall economy. Comparing the GDP growth rate during last year decreased from 9.2% in 2004 to 1.1% in 2008 meaning its economy is in recession (PRS Group, 2010, Country Forecast, p.8). Besides the financial crises above all high inflation and interest rates 6.5 % in 2009 (fxstreet.com) caused this economic downturn. Turkeys economic risk is moderate because it experienced an erratic growth over the last few years due to a weak banking system, large current account deficits, and a lack of structural reforms (AMB, 2009, p.2). It means that although there is the existence of an economic upswing during the last decade but overall economy is still not recovered e.g. imports are still higher than exports. In contrast, plans for the implementation of free trade agreements raise hope among the Turkish population (Datamonitor, 2009). These agreements shall increase the international competitiveness and boost the relationships with foreign countries. In addition to that by starting to act and trade more internationally Turkey could also implement the EU criteria very soon. This would help the company in the future to expand the investment. Social Factors The unemployment rate of 10.4 % in 2008 is obviously caused by the lack of investment in education. Only 34.5 percent complete vocational or higher education which signifies a weak distinct tendency in the range of the service sector (PRS Group, 2010, Country Conditions, p.9). On the contrary primary and secondary sector workforce is about 59% which shows that Turkeys excellence in these two sectors. For further analysis of social and cultural factors of Turkey see section 2.1 on page 2-4. Technological Factors Turkey only spent 0.71% of GDP in 2007 for research and development according to the Federal Statistical Office of Germany (2010). The lack of support in this sector would have an immense negative impact on foreign companies. Particularly the number of patent applications which is a major indicator of rating a countrys development in RD and it was 24.50 per million inhabitants in 2007 (Federal Statistical Office, 2010). Although the Turkish dairy sector is distinctive, its products are still behind the quality of the EU (Reuters, 2009). Equipment and hygiene have fulfilled the recent EU standards but Turkish milk quality can still be considered as low. However established government institutions try to compensate such deficits by giving financial aid to companies and private citizens in the form of subventions and loans for RD projects (PRS Group, 2010, Country Conditions). Additionally there is an appearance of drain brain (Datamonitor, 2009). It means that Turkish academics that are living abroad are coming back to their native country, recognising the potential of Turkey becoming an EU member. Thus foreign companies like Lifeway with the intention of expanding could profit by future trends. DIFFERENT MARKET ENTRY MODES There are four major market entry types which will be analysed and evaluated in order to make a decision that which market entry Lifeway should choose for Turkey. Licensing Licensing is a contractual transaction in which the firm-the licensor-offers some proprietary assets to a foreign company-the licensee-in exchange for royalty fees (Kotabe, 2008, p.293). For instance, a company is allowed to use the technology, know-how or even a whole product itself of another company against payment of so-called royalty fees. Licensing does not need investing capital and is especially used by small companies which are looking for a fast and easy access to a foreign country (Kotabe, 2008). Lifeway could for example save transportation costs and tariffs and invest them in other branches. This is an easiest way of investing where there is no financial risk involved, no risk of product or performance failure. By licensing, the company would get its profits (royalty fees) and it would also benefit the Turkish government and national suppliers. In contrast licensing may result in a firms giving away valuable technological know-how to a potential competitor (Hill, 1999, p.202). Lifeway loses its competitive advantage by sharing knowledge of producing the different kind of flavours that are very popular among the US. Adopting technology could improve the partners business and lead from co-operation to competition. Additionally, Licensing does not give a firm the tight control over manufacturing, marketing, and strategy in a foreign country that may be required to maximize its profitability according to Hill (1999, p.202). Lifeways brand name might become weak with the possibility of losing the license as a result domestic companies could gain success. Strategic Alliances Strategic alliances are cooperative agreements between two or more firms from different countries to participate in business activities, as stated by Parboteeah Cullen (2011, p.161). Lifeway especially focuses on the International Joint Venture (IJV) which is the most common form of strategic alliance. International joint ventures bring together otherwise independent firms to share resources in product design, production, marketing, and/or distribution (Chan et al., 2007). The company can gain the knowledge and the know-how of similar companies which could improve Lifeways Kefir. Lifeway could obtain the possibility to share its losses and it will reduce its amount of investment in Turkey (Kotabe, 2008). Additionally, by cooperating with a domestic Turkish company Lifeway can fit its Kefir to the peoples taste. Consequently additional costs for introducing and adoption can be reduce and Lifeway could get an insight of how to avoid cultural misunderstandings (Kotabe, 2008). However at the same time cultural misunderstandings might appear within the alliance, especially when it comes to controlling the company, see Hofstede (section 2.1, p.2). Furthermore, Lifeway might lose its competitive advantage of developing and creation which made it unique in the US by sharing know-how and technology (Kotabe, 2008). Like it is said before that the Turkish dairy industry is behind the EU standard in the development of equipment and technology. Gaining the same knowledge as Lifeway, competitive companies in Turkey could conquer the European market and further expansion in Europe could result in increasing the competition. Evidently this would lead to a disadvantage for Lifeway. Foreign Direct Investment Parboteeah Cullen states a Foreign Direct Investment (FDI) occurs when, a multinational company owns, in part or in whole, an operation in another country (2011, p.161). Investing in manufacturing or RD (research development) facilities that are made or bought in foreign countries can be considered as FDIs, for example. Turkeys strong FDI policy is especially attractive to foreign companies because of its market potential, geographic proximity, and low labor costs (Deichmann et al., 2003, p.1771). This type of market entry potentially leads to higher profits in the early expansion of the company because it also avoids transportation costs. Lifeway can even save more money, in virtue of prevention of double taxation agreement between Turkey and the US (worldwide-tax, 2008). In Turkey huge proportion of the workforce works within the primary and secondary sector because of the low education this provides low cost labour making Turkey even more attractive (Turkish Embassy, 2008 PRS Group, 2010, Country Conditions). However based on the low quality production of milk in Turkey Lifeways brand image could be damaged resulting in the production of the low quality of Kefir (AgriPolicy, 2009). (Paliwoda, 1997 p.154) described his point of view for FDI as, a wholly owned subsidiary is slow to achieve, expensive to maintain and slow also to yield any tangible results. Lifeway that just developed during the last few years the decision of such a risky market entry might be too early on the evidence of a country which is still characterised by uncertainties, instabilities and insecurities. A high risk is also applicable to the acceptance of the product among the population. Furthermore, there is a huge cultural difference in the society as well as in a business context. Therefore it is difficult for Lifeway to adjust quickly into the local way of doing business, see Hofstedes cultural dimensions (section 2.1, p.2). Hence its not in the interest of the company to choose this market entry. Export According to (Hill, 1999, p.201) export can be defined as, producing goods at home and shipping them to the receiving country for sale. There are two major forms of export: direct and indirect export (Kotabe, 2008). In direct exporting, a company will appoint an internal team that is responsible for exports by trading goods or services with a foreign middleman. While indirect exporting is when a company will sell its goods or services through some other domestic companies, so-called intermediaries (Kotabe, 2008). Some major advantages could be attained by direct or indirect exporting. This type of market penetration is easiest and cost effective (Kotabe, 2008). Firstly, Lifeway doesnt have to invest in production facilities such as building factory, warehouse, overhead costs and also labour costs etc. Lifeway, which is considered as an SME having small amount of equity (as compare to large MNCs) would want to have minimum financial risk. Secondly, time is an important factor, exporting makes it possible to get an immediate market access (Kotabe, 2008). Especially entering in a Turkish market which might experience an upswing in the near future, it should be realised that the company could profit from new regulations and subventions. In contrast, exporting is unprofitable because of the existence of high transportation costs, tariffs and trade barriers (Hill, 1999). The Turkish government intervened to protect and support domestic companies of the dairy sector by demanding high tariffs for importing dairy products (Export.By, 2010). Products like Lifeway Kefir can be produced in almost any location because of a low value-to-weight ratio (Hill, 1999, p.201202). As a result it can be said that the demand of Lifeway Kefir in Turkey may not be equal to other diary producing companies in Turkey. Benefits of direct exporting would be to avoid information asymmetries because Lifeway would be still responsible for major orders and dispositions (Parboteeah Cullen, 2011). Furthermore direct exporting is connected with higher sales potential and profit as compare to indirect exporting. However indirect exporting causes less committing errors. New environment, culture and language barriers could be avoided by this market entry mode or at least reduced (Kotabe, 2008). Therefore, it is decided that Lifeway should pursue indirect exporting for market penetration in Turkey. This is because of various reasons such as Lifeway is relatively a small company with limited finances, the product is a simple and standardised hence no need for training and after sale support and also Turkish culture is very different than Lifeways business culture which is American, according to Hofstede (see section 2.1 on p.2-4). The company would achieve foreign market presence in less time at low cost and also with the passage of time increase market knowledge and reduce psychic distance (cultural differences). This would increase companys prospects of investing further in the country. Conclusion After critically analysing Turkish strategic environment, it is suggested that exporting is the best suited form of market entry for Lifeway. The company is a relatively small and medium size enterprise and is only locally based in U.S.A. hence essentially it would have limited finances as compare to other large global companies. Finance is the biggest asset that any company holds thus cost effectiveness is the one of the fundamental strategic principles in businesses. Exporting could be viewed as the quickest and most cost effective form of market expansion. It doesnt require complex activities and Lifeway could focus its efforts mainly on the marketing area to attract the new target market in Turkey for its Kefir products. It should also be considered that the desire of Turkeys inclusion into EU makes it a safer choice as it complies with the laws and regulations of EU countries than others in the Far East. Although there are some drawbacks of exporting for example, high tariffs, transportation costs and trade barriers. Nevertheless looking at Lifeways context and comparing the disadvantages of other market entry modes it is clear that exporting is the easiest and most cost effective form of expansion. Subsequently the company could invest further and make strategic alliance as a joint venture with the local popular branding company upon success in Turkey. With the passage of time and depending on Lifeways success the best form of investment would be having a production unit in Turkey. This would also be very beneficial for the company if Turkey becomes EU member. It would open the doors for Lifeway to easily expand and penetrate into EU market. Even if Lifeway doesnt get the best responses from exporting, it would not be a disaster. Since the company would have taken minimum financial risk in expanding into foreign market. It would be a good learning experience for Lifeway. Whenever business environment becomes viable the company could strategise again and correct the mistakes.