Tuesday, December 24, 2019
Planning Matrix - 1055 Words
The Decision Stage Analysis and intuition provide a basis for making strategy-formulation decisions. The matching techniques just discussed reveal feasible alternative strategies. Many of these strategies will likely have been proposed by managers and employees participating in the strategy analysis and choice activity. Any additional strategies resulting from the matching analyses could be discussed and added to the list of feasible alternative options. As indicated earlier in this chapter, participants could rate these strategies on a 1 to 4 scale so that a prioritized list of the best strategies could be achieved. The Quantitative Strategic Planning Matrix Quantitative Strategic Planning Matrix (QSPM) is a high-levelâ⬠¦show more contentâ⬠¦Step 6 Compute the Sum Total Attractiveness Score. Add Total Attractiveness Scores in each strategy column of the QSPM. The Sum Total Attractiveness Scores reveal which strategy is most attractive in each set of alternatives. Higher scores indicate more attractive strategies, considering all the relevant external and internal factors that could affect the strategic decisions. The magnitude of the difference between the Sum Total Attractiveness Scores in a given set of strategic alternatives indicates the relative desirability of one strategy over another. Limitations of QSPM A limitation of the QSPM is that it can be only as good as the prerequisite information and matching analyses upon which it is based. Another limitation is that it requires good judgment in assigning attractiveness scores. Also, the sum total attractiveness scores can be really close such that a final decision is not clear. Like all analytical tools however, the QSPM should not dictate decisions but rather should be developed as input into the ownerââ¬â¢s final decision. Advantages of QSPM A QSPM provides a framework to prioritize the strategies, it can be used for comparing strategies at any level such as corporate, business and functional.The other positive feature of QSPM that it integrate external and internal factors into decision making process.A QSPM can be developed for small and large scale profit andShow MoreRelatedIntegrated Planning Matrix4838 Words à |à 19 Pagesï » ¿1 Surname, Initial EDP 135 Introduction to Curriculum Assignment 2 Integrated Planning Matrix Template Task: Develop an integrated planning matrix and the outline for a lesson series of approximately five lessons in response to one of the scenarios provided. Demonstrate how planning processes from macro to micro levels (whole school to classroom, or program to lesson) - satisfy curriculum demands and the needs of students. Choose one of the scenarios listed in Topic 8 to plan your series ofRead MoreWhat Is The Temperature On The Behavior Of The Low Cement Castable ( Sic )?1186 Words à |à 5 Pagesobserved the lowest strength at 900à °C. Although it seems to be the physical reality, further exploration of this weakening phenomena separately was not performed in our work. Therefore, all samples of the three composites as well as the samples of the matrix were exposed to the same thermal shock cycle. As a final comment, over the years 2015 and 2016, I participated in performing a large number of trial and errors on ââ¬Å"NLIâ⬠compositions. I have maintained a clear record of my contributions. NonethelessRead MoreQuestionnaire And Questionnaire On Customer Requirements Essay1527 Words à |à 7 Pagesare acceptable. If the importance degree is higher than satisfaction, this suggests that some improvements should be identified. Questionnaires are used to assess discrepancies in customer perceptions [21]. 4.3. Identify business planning parameters The business planning parameters can be used to satisfy the CRs and enhance customer satisfaction. They are listed across the roof of the HOQ. The parameters are written in the business language. The identified business parameters must also represent actionsRead MoreA New Approach to Portfolio Matrix Analysis for Strategic Marketing Planning4060 Words à |à 17 PagesA NEW APPROACH TO PORTFOLIO MATRIX ANALYSIS FOR STRATEGIC MARKETING PLANNING 1 2 Vladimir DobriÃâ¡ , Boris DelibaÃ
¡iÃâ¡ Faculty of organizational science, vdobric@fon.rs 2 Faculty of organizational science, delibasic.boris@fon.rs 1 Abstract: Portfolio matrix is probably the most important tool for strategic marketing planning, especially in the strategy selection stage. Position of the organization in the portfolio matrix and itââ¬â¢s corresponding marketing strategy depends on the aggregationRead MoreVolume Variety Matrix2986 Words à |à 12 Pages | [pic] [pic] [pic] [pic] LINE. When product demand is high enough, the appropriate process is the assembly line. Often, this process (along with continuous; both are in the lower-right quadrant of the matrix) is referred to as mass production. Laborers generally perform the same operations for each production run in a standard and hopefully uninterrupted flow. The assembly line treats all outputs as basically the same. Firms characterized by this processRead MoreComputerized Layout Analysis Techniques1620 Words à |à 7 Pagesthe layout by interchanging the departments pair-wise so that the transportation cost is minimized. CRAFT method uses the same basic idea used for a factory layout with certain significant operational differences. It requires a load and a distance matrix as initial inputs and also feeds in data regarding the cost involved per unit distance moved. With these inputs and an initial layout in the program, CRAFT attempts to improve the relative placement of the departments as measured by total ma terialRead MoreSwot Analysis : Marketing Planning1708 Words à |à 7 PagesMarketing planning is the process that enterprises focus on customersââ¬â¢ needs, organize various business activities, through concerted mutual product strategy, pricing strategy, promotion strategy and placing strategy to provide customers with satisfactory goods and services, and then achieve business goals (Piercy Morgan, 1994). Some scholars think that adopting benchmarking in marketing planning is easier to lead imitation. Enterprises tend to set competitor s marketing activities as templatesRead MorePdl Lab Report1202 Words à |à 5 Pagesepithelial lining is continuous apically inhibiting the periodontal ligament cells from moving coronally to make new attachment. This was also witnessed after flap surgery. In as experiment on monkeys where some teeth had a Widman flap, others root planning and curettage, Widman flap with red bone marrow and cancellous bone frozen implanted, and others with beta tricalcium phosphate put in intra bony defects. It was noticed that after healing a long junctional epithelium was made. Root resorption: AfterRead MoreProduction And Release Of The Matrix Essay2220 Words à |à 9 PagesProduction and Release The Matrix was produced by Warner Bros. studios, and released in the U.S. on March 31, 1999. It was written and directed by Lana and Lilly Wachowski, also known as the Wachowski Brothers. The principal cast included, Keanu Reeves, Laurence Fishburne, Carrie-Anne Moss, and Hugo Weaving among others. During its opening weekend, it made $27,788,331 and it grossed $171,383,253. It won an Oscar for, best film editing, best sound, best effects (sound effects editing, and bestRead MoreStrategy Review, Evaluation, and Control1937 Words à |à 8 Pagesdifficult: a. dramatic increase in environmental complexity b. difficult in predicting future c. increasing number of variables d. rapid rate of obsolescence e. increase in the number of world events affecting organization f. decreasing time spans for planning B. The Process of Evaluating Strategies 1. Strategy evaluation is necessary for all sizes and kinds of organizations. a. Strategy evaluation should initiate managerial questioning of expectations and assumptions, trigger a review of objectives
Monday, December 16, 2019
The Effective Literary Form of Foreshadowing Free Essays
Oââ¬â¢Connor effectively uses the literary device of foreshadowing to create an atmosphere of suspense for a family that is doomed. There are several hints that point to the fate of the family in both the overall theme of a world of change and chaos and in specific lines from the text. Death and doom are frequently discussed and certain descriptive phrases, as early as the first sentence lead a reader to believe that doom is impending. We will write a custom essay sample on The Effective Literary Form of Foreshadowing or any similar topic only for you Order Now Specifically the grandmother and her choices and her description of choices all contribute to the foreshadowing. Her choice of dress and her reasons given for that is one example, as is the cat she chooses to bring and the animalââ¬â¢s role in the final event that leads to the death of the family. The Grandmotherââ¬â¢s choice to take the dirt road and her mistake of direction is the final example of the foreshadowing that can be contributed to the readerââ¬â¢s sense of an almost inevitable and negative end. Firstly, the Grandmother does not wish to go on the trip, but agrees to go with certain pretenses. She refuses to leave her beloved cat at home while the family goes on their trip. The cat, ââ¬Å"Pitty Singâ⬠, is hidden in a basket as the Grandmother fears that the cat may die. Oââ¬â¢Connor writes, ââ¬Å"she was afraid he might brush against one of the gas burners and accidentally asphyxiate himself. Her son, Bailey didnââ¬â¢t like to arrive at a motel with a catâ⬠(1135-1136). Her mention of both death and the inconvenience that bringing the cat would impose on the family shows both foreshadowing and irony, as the cat does cause an accident and inconveniences the family in the worst way. Both the concealed cat displayed by Oââ¬â¢Connor as the Grandmotherââ¬â¢s disregard for her familyââ¬â¢s wishes and her lost sense of direction, as well contribute to the danger that the family is placed in. The dirt road that the Grandmother advises the family to go down is explained in detail in an ominous manner and the plot turns even more ominous as she realizes that she has the wrong road. Oââ¬â¢Connor writes regarding the character that a horrible thought came to herâ⬠¦ her eyes dilated and her feet jumped upâ⬠¦ the instant the valise moved, the newspaper top she had over the basket rose with a snarl and Pitty Sing, the cat, sprang onto Baileyââ¬â¢s shoulder (1140). This incident does lead to a car accident on this abandoned, old road. Therefore, both the choice to bring the fateful animal and the choice to take the family in a wrong direction, sends a message of a foreshadowed and foreshortened future for the family. Finally, at the beginning of the story, when the cat is introduced into the plot, the Grandmotherââ¬â¢s deception and dress are detailed. The foreshadowing of her outfit and accessories point to the fact that she has designed herself for death, in case that it comes. Her collars and cuffs were white organdy trimmed with lace and at her neckline she had pinned a purple spray of cloth violets containing a sachet. In case of an accident, anyone seeing her dead on the highway would know at once she was a lady (1136). It should be noted that the idea or phrase of the word accident or accidental is used frequently in the story to show foreshadowing. In the citation with the cat and the uproar, there follows an automobile accident, where after the children scream several times both on pages 1140 and 1141, ââ¬Å"Weââ¬â¢ve had an ACCIDENT! â⬠. The foreshadowing of the usage of accident is only paralleled by the actions leading to the familyââ¬â¢s doom. In conclusion, Oââ¬â¢Connor effectively uses examples of foreshadowing in ââ¬Å"A Good Man is Hard to Findâ⬠. Three of these examples illustrate this in the previous paragraphs and all tie in together to help the reader and literary critic understand that the story has deeper meaning and context than one may originally think. The frequent reference to accident or fear that something may happen accidentally all contribute to the undertones and overtones of death, deception, and doom in a world of change and chaos. How to cite The Effective Literary Form of Foreshadowing, Papers
Sunday, December 8, 2019
Business Public Relations Quality Automobiles
Question: Describe abou the Business Public Relations for Quality Automobiles. Answer: 1. Press Release For Immediate Release: 10/25/16 Takashimi Ho 012-3456789 Email: cars@hotrod.com Website: www.hotrodcars.com Mitigating the Hotrod Crisis Chicago, USA: Hotrod is committed to manufacturing the best quality automobiles and we take every incident report and feedback from our valued customers sincerely. In response to the recently reported cases of the Buick model, Hotrod conducted a thorough investigation after which they found a lethal issue with the floormats. According to the reports and facts presented by Highway Safety Administration (HSA), to date (as of August 2003), there was a horrifying car crash in Southern California, where the Buick ES350 model was reported to be accelerating out of control killing all passengers in the car. However, because their customers are the main priority, it is their duty to protect them from being harmed. Therefore, Hotrod have suspended the sales of their eight-best selling vehicles as safety is a priority. For customers who already have Buick model, it is Hotrods duty to inform them about the lethal floormat and the ways they can mitigate the issue to prevent any harm. Hotrod has called a recall as the cars have safety-related defect. The recalled cars shall have the old accelerator pedals replaced with the new. Until servicing is provided and the units are redesigned, the customers are advised to remove the floormats from their Buick. We apologize for the inconvenience and harm caused to the public due to the usage of Hotrod cars. We are trying to make the recall as quick and efficient as possible, said Takashimi Ho. Such a promising statement made by the CEO ensures the existing and potential customers to believe in Hotrod. The following tactics can be executed by the owners of the vehicles to prevent any uncertainty that might cause harm. Firstly, any driver who finds their Hotrod accelerating unintentionally, must first change their gear transmission to neutral, push the brakes, steer off road and shut the engine off. A special message is for the customers having the car model with push button to start the engine. The customers who do not have a traditional key to start, but a push button must depress the button for three seconds if the car is not parked. The customers are also advised to remove the accelerator pedal so that it does not interfere with the floor mats. The cars may also include onboard computers with a new program which has the feature of overriding the electronic accelerator pedal after the passenger presses the brake pedal. Therefore, it is analyzed that Hotrod is set to take actions for mitigating the crisis. When it comes to long-term customer satisfaction, the company is obligated to resolve all the complaints. Additionally, Hotrod believes in meeting its Corporate Sustainability Model (CSR) by addressing its social concern. Here, in this case, the lives of millions of buyers are at risk that is well understood by the automaker. The company halted all the sales after they identified condensation in the pedals electronic sensor as the cause. This cause reported no incidents or injuries as it is a rare condition. However, the company is working to develop a new tested pedal to enhance performance and assure safety. We apologize for re-iterating the previous comments such as inaccurate and misleading statements, as it does not correct the underlying defect, added Takashimi Ho. He further said, We are further looking and investigating very single accident that has been reported for the same cause in the last three years since 2003. Not only the floormats, but also the drive-by wire system shall be validated to eliminate all uncertainties causing accidents or risking our customers future. Hotrod has investigated all the issues that have been brought to their attention. With the help of engineers and experts, the company shall devise strategies for remedying the problem with the vehicles. The public can be confident in the brand and its safety as the CEO takes efforts to resolve the complaints of its customers. 2. Advice to CEO and Senior Management Due to the tarnished brand image of Hotrod, the company requires brand rehabilitation. Brad rehabilitation shall help the organization in creating customer loyalty and confidence in the business. A few advices and recommendations are provided to the CEO and senior management so that Hotrod can improve its brand reputation. Hotrod must sincerely consider starting a new project. The company can consider building a new model which is socially and environmentally friendly. It is never too late to fix what has been spoiled. The company must try to not dwell on its past. Also, Hotrod must be an open book to its customers, clients and other stakeholders. The company must own to the crisis. There is no scope to lose momentum. Hotrod must continue to build network within and outside the organization. Hotrod must not lose momentum and take on new projects for restoring customers confidence. Hotrod must seize its moment to shine as it can be an ideal opportunity for showcasing the other strengths. An aggressive recovery can help in establishing a better relationship with the customers as well as suppliers. It is natural for any organization to escape or hide so that they can focus on energize. However, Hotrod must show up bigger and better talents so that the people can forget the mistakes or crisis and focus on the new achievements made by the company. The situation must be framed constructively as the people must understand that perfection is unrealistic. Personalized statements must be provided that indicate that Hotrod shall never repeat its past mistakes. Admitting the mistake is not enough, showing goodwill and making up to it is important too. The media must be monitored for any negative reviews about Hotrods brand image. The senior management must be prepared to provide a positive response. The public must know what was done so that it can be avoided from happening again. A few calls may be made to the top clients and their testimonies for future must be taken. The social media influences people greatly. Hotrod must update all its social media accounts and reflect their stance. The brand statement needs to be re-established with a new mission and vision. Moreover, Hotrod can provide compensation to the families who have lost their lives in the accident caused due to the Hotrod cars. Also, the passengers who have been inured can also be provided with compensation. Some mount can be donated for charity so that cultural and moral reputation is enhanced. 3. Analysis of Hotrods Actions An analysis of the actions of Hotrod in relation to brand restoration is considered as under: a) Credibility of Explanation No, I do not find Hotrods explanation credible. This is because the case started in August 2003. Hundreds of reports had been filed with the government since 2001 but no action was taken by the company. Hotrod did not make sufficient investigation and tests and called out letters stating that no defects existed. The company ignored over 1,200 complaints regarding unintended acceleration. However, it made claims that the software override fix shall help in resolving the issue. The figures of complaints, deaths and accidents kept on increasing but no severe action was taken by Hotrod to address or mitigate the issue. The car model continued to sell in the market as no public awareness was made regarding the defect. b) Belief in Truth I am uncertain if Hotrod is telling the truth. The statements about not able to find defects and the strategies that would help in mitigating the crisis would be true. However, the company must have stopped its production and sale of the Buick model when the problems were encountered. Hotrod mentioned that this issue was a rare set of conditions in which the accelerator pedal became harder to depress. This led the pedal to get stuck in a depressed position. Moreover, it did not mention why the company waited seven days for stopping the sales after a recall was announced. c) Acting in Public Interest I believe that Hotrod is acting in public interest. The customers are also advised to remove the accelerator pedal so that it does not interfere with the floor mats. The cars may also include onboard computers with a new program which has the feature of overriding the electronic accelerator pedal after the passenger presses the brake pedal. However, the company may choose to compensate the victims of the car crashes caused due to usage of Buick model acceleration. Simply suspending the sale of vehicles is not sufficient. Hotrod can adapt more strategies to enhance its reputation in the market. Another reason due to which I believe that Hotrod is acting in public interest is that, after they realized their mistake, they froe the sales. This led to a drop of shares by 5.4%. The recall shall cost the company a hefty amount which is considered as a necessity. Therefore, the strategy to mitigate the issue through recalling is a good action in public interest.
Saturday, November 30, 2019
Nuclear Deal Essay Example
Nuclear Deal Essay Nucle The Implications for the Indo-U. S. CivilNuclear Deal Justine Isola Justine Isola is Visiting International Fellow at the Institute for Defence Studies and Analyses, New Delhi August 26, 2010 Summary By some calculations, the chances that India will test a nuclear weapon in the coming years are not high. But if India again surprises the world as it did in 1998 with five nuclear explosions in the desert of Rajasthan, then conversations on the implications for the Indo-U. S. ivil-nuclear deal will begin. The record of debate on testing during negotiations reflects the depth of American concern that testing will lead to unstable nuclear escalation and the lengths the U. S. went to in order to deter India from conducting new tests. But it also underscores U. S. resolve to forge a new relationship with India despite evident disagreement on a thorny issue. Studying the finely wrought language of the deal reveals some persisting ambiguity about how the deal would be affected if India were to resume testing.However, in the event of a test, itââ¬â¢s a safe bet that several factors will play into determining U. S. response: the preferences of U. S. leaders, domestic lobbying, and geopolitical balance of power considerations. This response will be constrained by the strength of the U. S. -India relationship. Further, due to Indias deepening nuclear ties with the rest of the world, any U. S. response may have only a modest impact on India. If India Tests? The Implications for the Indo-U. S. Civil-Nuclear Deal 2 e The conclusion of the Indo-U. S. civil-nuclear deal in the fall of 2008 arked the end of three years of negotiations between the U. S. and India. Completion of the deal should not, however, obscure the history of domestic debate within the U. S. and India on how the terms of the deal apply. One issue on which lack of consensus notably persists within the U. S. is how the deal would be affected by India testing a nuclear weapon. As a Carnegie Endowment pub lication released during the thick of negotiations predicted, on the topic of nuclear testing, ââ¬Å"[t]he ambiguities of this agreement invite future disputes and recriminations. 1 More recently, a Council on Foreign Relations backgrounder on the deal echoed this sentiment, referring to the repercussions of testing as ââ¬Å"a potential area of dispute. â⬠2 Examining U. S. laws on nuclear exports and cooperation suggests that the President would have to take some mandatory steps in response to a test. But (s)he would also have some discretionary authority. Looking at public statements and government debate on the issue of testing when Congress was negotiating the terms of the deal only underscores this lingering uncertainty about what India can expect from the U.S. if it resumes testing. However, several factors will certainly play into determining whether testing would jeopardize the agreement: who is in power in Washington, the strength of domestic interest groups, and bala nce of power geopolitics. Analysis of these factors suggests that the increasingly close ties between the U. S. and India may leave the U. S. with limited options for influencing Indiaââ¬â¢s behaviour. Burgeoning nuclear ties between India and the rest of the world may further mean that the end of U. S. nuclear cooperation would have only a modest impact on India.The letter of the law U. S. President Bush and Indian Prime Minister Singhââ¬â¢s July 18, 2005, joint statement on civilian nuclear cooperation ushered in a heated debate between their two governments on the terms of this partnership. 3 Testing emerged as one of the most contentious issues from the start. Despite Prime Minister Singhââ¬â¢s promise in the joint statement to continue Indiaââ¬â¢s unilateral moratorium on nuclear testing, many non-proliferation advocates in the U. S. were unhappy that the proposed agreement on cooperation did not explicitly prohibit Indian testing.The stakes were nuclear escalation in an unstable South Asia and the spectre of Indian testing triggering global proliferation. Some noted that the terms of 1 See chart accompanying Sharon Squassoniââ¬â¢s ââ¬Å"Issues in U. S. -India Nuclear Cooperation,â⬠Proliferation Analysis, November 7, 2007, http://www. carnegieendowment. org/npp/publications/ index. cfm? fa=view;id=19697. Jayshree Bajoria and Esther Pan, ââ¬Å"The U. S. -India Nuclear Deal,â⬠Backgrounder, Council on Foreign Relations, Updated November 20, 2009, http://www. cfr. org/publication/9663/ usindia_nuclear_deal_html. Joint Statement Between President George W. Bush and Prime Minister Manmohan Singh,â⬠July 18, 2005, http://www. armscontrol. org/print/3292. 2 3 IDSA Issue Brief 3 the deal could in fact make it easier for India to test. 4 Others simply saw not tying the deal to India signing the Comprehensive Test-Ban Treaty as a missed opportunity for nonproliferation. 5 They pushed for stronger language on the consequences of test ing. It was against this backdrop that Congress was conducting hearings on amending U. S. domestic law to loosen nuclear export legislation ââ¬â the first hurdle to approving the civil-nuclear deal.The U. S. Atomic Energy Act (AEA) requires a formal agreement delineating the terms of civil-nuclear cooperation and stipulates that several criteria be met before such a ââ¬Å"123 agreementâ⬠ââ¬âso-called after section 123 of the Act ââ¬â can go into effect. Congress had to exempt the proposed U. S. -India 123 Agreement from some of those criteria. Specifically, Congress had to excuse India from full-scope safeguards on all of its nuclear facilities and allow exports even though India had tested nuclear weapons in 1998. These were two equirements negotiators recognized early on as impossible to meet. 6 President Bush signed the Henry J. Hyde United States-India Peaceful Atomic Energy Cooperation Act into law on December 18, 2006, granting the above exemptions and preli minary approval to the civil-nuclear deal. This legislation arguably comes down clearly on the consequences of future tests: It specifies that all waivers ââ¬Å"shall cease to be effective if the President determines that India has detonated a nuclear explosive device after the date of the enactment of this title. 7 And it does not exempt India from an Atomic Energy Act provision that in the event of a test, a partner country must return nuclear material and equipment acquired through trade. 8 Of course, the President retains the authority subsequently to waive the AEAââ¬â¢s termination of cooperation requirements if he determines that the ââ¬Å"cessation of such exports would be seriously prejudicial to the achievement of United States non-proliferation objectives or otherwise jeopardize the common defence and security. â⬠9 Whether or not the U. S. 4See Michael Kreponââ¬â¢s comments at Arms Control Association briefing, ââ¬Å"The Senate and the U. S. Indian Nuclear De al: Issues and Alternatives,â⬠November 14, 2006, http://www. armscontrol. org/ print/3230. See Paul K. Kerr, ââ¬Å"U. S. Nuclear Cooperation with India: Issues for Congress,â⬠Congressional Research Service, November 5, 2009, p. 14. Kerr, p. 33. See section 106 ââ¬Å"Inoperability of Determination and Waiversâ⬠of Henry J. Hyde United StatesIndia Peaceful Atomic Energy Cooperation Act of 2006. See section 123(a)(4) of the Atomic Energy Act. Kerr, p. 32. 5 6 7 8 9 If India Tests?The Implications for the Indo-U. S. Civil-Nuclear Deal 4 e would in fact require India to return all transferred materials could well depend on what was transferred. If for example, India had only received supplies inconsequential for proliferation at the time of termination, the U. S. would not likely require the return of materials. But the Hyde Act and the Atomic Energy Act clearly provide Congress with unambiguous grounds (some would say mandatory obligations) for ending the deal and req uiring India to return nuclear material if India were to again test weapons.In debating the Hyde Act, the U. S. Congress also addressed concerns that the civil-nuclear deal would make it easier for India to test. For example, then-Senator Obama had proposed an amendment to the bill to ââ¬Å"clarify United States policy in order to deter nuclear testing by foreign governments. â⬠10 This amendment, which encourages limits on Indian reactor fuel reserves in order to make testing more difficult in the event of a cut-off of supplies, appeared in the final version of the Hyde Act as Section 103 (b) (10). 1 Following passage of the Hyde Act, the next hurdle to wrapping up the civil-nuclear deal was garnering Congressional approval for the 123 Agreement reached between leaders in Washington and New Delhi in July 2007. The 123 Agreementââ¬â¢s language on testing is not as clear-cut as that of the Hyde and Atomic Energy Acts. 123 agreements usually explicitly prohibit testing. But In dia had successfully prevented the agreement from including language explicitly stating that renewed nuclear testing would lead to termination of U. S. supplies.The provisions of the 123 Agreement thus raised some questions about whether the U. S. would in fact act decisively were India to test. 12 Congress scrutinized the 123 Agreementââ¬â¢s compliance with the testing provisions of the Hyde and Atomic Energy Acts, focusing on the following passages: The 123 Agreement states that ââ¬Å"[e]ither Party shall have the right to terminate this Agreement prior to its expiration on one yearââ¬â¢s written notice to the other Party. â⬠13 10 ââ¬Å"United States-India Peaceful Atomic Energy Cooperation Act,â⬠Congressional Record, November 16, 2006, p. S10985.For more on Senator Obamaââ¬â¢s positions on the civil-nuclear deal see Brahma Chellaney, ââ¬Å"Obamaââ¬â¢s India-Nuclear Legacy,â⬠Asian Age, June 18, 2008, http:// chellaney. spaces. live. com/blog/cns! 49 13C7C8A2EA4A30! 622. entry. Section 103(b)(10) of the Hyde Act states, ââ¬Å"Any nuclear power reactor fuel reserve provided to the Government of India for use in safeguarded civilian nuclear facilities should be commensurate with reasonable reactor operating requirements. â⬠Chellaneyââ¬â¢s article is the source for information about Obamaââ¬â¢s amendment appearing in the final version of the bill.For further discussion of perceived inconsistencies between the Hyde Act and the 123 Agreement, see Proceedings of the Brookings Institution, July 30, 2008, Washington, D. C. ââ¬Å"The U. S. -India Nuclear Agreement,â⬠participants Stephen P. Cohen, Strobe Talbott, R. Nicholas burns, and Robert Einhorn, http://www. scribd. com/doc/6397716/Steve-P-Cohen-The-USIndia-NuclearAgreement-the-Brookings-Institution. All citations from version of ââ¬Å"Agreement for Cooperation Between the Government of the United States of America and the Government of India Concerning Peaceful Uses of Nuclear Energy (123 Agreement)â⬠released by U. S.Department of State, August 3 2007, merln. ndu. edu/archivepdf/ india/State/90157. pdf. 11 12 13 IDSA Issue Brief 5 However, the agreement advises both the U. S. and India to ââ¬Å"consider the relevant circumstancesâ⬠and ââ¬Å"take into account whether the circumstances that may lead to termination or cessation resulted from a Partyââ¬â¢s serious concern about a changed security environment or as a response to similar actions by other States which could impact national security. â⬠Further, the agreement urges both countries to ââ¬Å"recognize that exercising the right of returnâ⬠to compel India to send back any nuclear material acquired from the U.S. ââ¬Å"would have profound implications for [U. S. -India] relations. â⬠Finally, the agreement also spells out how the U. S. would help India work with other countries on ensuring its fuel supply if the U. S. were to cease supplying to India. 1 4 Such stipulations provide manoeuvring room for India to defend a decision to test as a response to a new security threat from countries such as China or Pakistan and arguably, for the U. S. to find creative ways to respond. Primary sources from when Congress was conducting hearings on the deal offer some clues to how the U.S. could interpret the above language in future scenarios. For example, correspondence between Chairman of the House Committee on Foreign Affairs Tom Lantos and State Department assistant secretary for legislative affairs Jeffrey T. Bergner reflects Congressional concern about what was left unsaid in the 123 Agreement. In response to the question ââ¬Å"Would any of these commitments continue to apply if India detonated a nuclear explosive device? If so, under what circumstances? â⬠, the State Department offered reassurances that the U.S. would have the right to cease nuclear cooperation with India ââ¬Å"immediately. â⬠15 In response to concern that t he fuel supply assurances would mitigate the effects of U. S. cut-off, the State Department clarified that the purpose of these assurances was to ââ¬Å"guard against disruptions of fuel supply to India that might occur through no fault of Indiaââ¬â¢s own. â⬠16 In response to a question about how provisions for a ââ¬Å"lifetimeâ⬠supply for Indiaââ¬â¢s safeguarded reactors was consistent with Senator Obamaââ¬â¢s amendment on limiting fuel 14 The United States will support an Indian effort to develop a strategic reserve of nuclear fuel to guard against any disruption of supply over the lifetime of Indiaââ¬â¢s reactors. If despite these arrangements, a disruption of fuel supplies to India occurs, the United States and India would jointly convene a group of friendly supplier countries to include countries such as Russia, France and the United Kingdom to pursue such measures as would restore fuel supply to India,â⬠Ibid. ââ¬Å"Questions for the Record submit ted to Assistant Secretary Bergner by Chairman Tom Lantos House Committee on Foreign Affairs,â⬠October 5, 2007, Question 16.Ibid. , Questions 17 and 18. 15 16 If India Tests? The Implications for the Indo-U. S. Civil-Nuclear Deal 6 e reactor reserves, the State Department replied simply, ââ¬Å"[w]e do not read these provisions to be inconsistent. â⬠17 Finally, when asked why the agreement does not contain ââ¬Å"explicitâ⬠language on ââ¬Å"actions that would give the U. S. the right to terminate nuclear cooperationâ⬠in the event of a test, the State Department answered that the agreement ââ¬Å"provides for a clear right for the U. S. o terminate nuclear cooperation and a right to require the return of equipment and materials subject to the agreement in all of the circumstances required under the Atomic Energy Act, including if India detonated a nuclear explosive deviceâ⬠¦Ã¢â¬ 18 These exchanges offer some insight into how the U. S. could interpret the provisions on testing and termination in the various components of the civil-nuclear deal should India ever again test. In underscoring the U. S. right to end cooperation and request the return of nuclear materials, the State Department does not specify whether such a response would be mandatory.Eleventh-hour controversy and persisting post-deal ambiguities The clarifications provided by the State Department did not put an end to debate about Indian testing. In fact, the testing controversy remained live even after President Bush signed the United States-India Nuclear Cooperation Approval and Nonproliferation Enhancement Act, the legislation that approved the 123 Agreement. For example, before sending the bill to the President, the Senate rejected an eleventh-hour amendment to end nuclear exports if India were to test nuclear weapons. 19And even so, the Indian government was taking no chances.Secretary of State Condoleezza Rice had arrived in New Delhi several days after Congress a pproved the bill and was expected by many to get Indian Foreign Minister Pranab Mukherjeeââ¬â¢s signature on the agreement. 20 But the Indian government insisted that President Bush sign first, reportedly in the hope that Bush would make a final statement speaking to Indiaââ¬â¢s concerns about continued fuel supplies if India were to conduct a test. 21 On October 8, 2008, President Bush signed the bill without the much-sought after explicit language on the repercussions of testing.In his statement, he noted simply that the legislation authorizing the 123 Agreement ââ¬Å"does not change the 17 18 19 Ibid. , Question 19. Ibid. , Question 35. Bajoria and Pan. Amendment was S. AMDT. 5683 to H. R. 7081 ââ¬Å"To prohibit nuclear trade with India in the event that India detonates a nuclear weapon and to impose certain certification, reporting, and control requirements. â⬠The amendment was introduced and rejected on October 1, 2008. The Senate passed H. R. 7081 the same day. R ama Lakshmi, ââ¬Å"Glitch Delays Signing of India Nuclear Pact,â⬠The Washington Post, October 5, 2008. Ibid. 20 21IDSA Issue Brief 7 fuel assurance commitments that the United States Government has made to the Government of India, as recorded in [the agreement]. â⬠22 Just weeks after Bush signed the 123 Agreement, The Washington Times ran an editorial chastising his administration and Congress for approving the deal and urging the incoming Obama administration to end cooperation if India were to resume testing. 23 Citing ââ¬Å"serious concernsâ⬠about the dealââ¬â¢s compliance with the standards of the Hyde Act, the authors argued that ââ¬Å"the next administration must make it clear that conditionality or not, the U.S. will cut off nuclear supplies if India conducts another test. â⬠24 The Obama administration has not released such a statement. More recently, disagreement on the testing issue contributed to delays resolving the latest successfully conclud ed aspect of the nuclear deal ââ¬â the terms of the agreement that will allow India to reprocess spent fuel. In an April 5, 2010, interview, the Carnegie Endowmentââ¬â¢s Mark Hibbs was asked about what would happen to the reprocessing agreement if India were to test a nuclear weapon. Hibbs explained that lthough ââ¬Å"[t]he arrangements do not explicitly state that an Indian nuclear test would be grounds for suspending U. S. consent to reprocessing â⬠¦ the United States could base suspension upon its determination that a test constituted a serious threat to U. S. national security. â⬠25 An Arms Control Association report on the terms of the reprocessing agreement clarifies how the repercussions of testing could play out, citing the language of the agreement: The ââ¬Å"sole groundsâ⬠for seeking suspension are ââ¬Å"exceptional circumstances limited toâ⬠a determination by either party that ââ¬Å"continuance of reprocessing of U.S. -obligated material at the Facility would result in a serious threat to the Partyââ¬â¢s national securityâ⬠and a determination that ââ¬Å"suspension is an unavoidable measure. â⬠26 The testing issues, it appears, will not be laid to rest anytime soon. Forecasting U. S. response The above overview provides ample evidence of the primacy of the testing issue in negotiations about the civil-nuclear deal and persisting post-deal ambiguities. As this analysis demonstrates, despite vigorous debate and careful examination of the language of each component of the deal, U.S. response to an Indian test is arguably uncertain. Those who want to predict U. S. response should also be mindful that whatever the deal 23 Lawrence J. Korb and Winny Chen, ââ¬Å"U. S. must suspend deal if India tests another nuke,â⬠The Washington Times, November 11, 2008. Ibid. Mark Hibbs, ââ¬Å"Moving Forward on the U. S. -India Nuclear Deal,â⬠Carnegie Endowment, Q;A, April 5, 2010, http://carnegieendowment. org/ publications/index. cfm? fa=view;id=40491. Daniel Horner, Arms Control Today, ââ¬Å"India, U. S. Agree on Terms for Reprocessing,â⬠May 2010, http://www. rmscontrol. org/act/2010_05/US-IndiaReprocessing). 24 25 26 If India Tests? The Implications for the Indo-U. S. Civil-Nuclear Deal 8 e says, the president and a simple majority in Congress could enact freestanding legislation to end cooperation. 27 For these reasons, in addition to mining the relevant legislation to identify triggers for termination, onlookers should consider how factors such as the makeup of leadership in Washington, pressures from domestic interest groups, and geopolitical context could play a decisive role in shaping this response.Whoââ¬â¢s in power in Washington ââ¬â Studying the copious record of debate on testing is a reminder of the fact that the Bush administration and Congress did not see eye to eye on all aspects of the deal. With a new president and newly elected members of Congress, some of these fault lines may again appear in the future. President Obamaââ¬â¢s statements and positions as a senator give reason to believe he would favour acting decisively if India were to test. Some observers have even contended that the Obama administration has been deliberately slow to implement the civil-nuclear deal, perhaps reflecting residual opposition to its terms. 8 If the American public does not re-elect Obama for a second term, this calculus would shift. Turnover in Congress after the upcoming midterm elections could also shake things up. Domestic interest groups ââ¬â No matter who is in the White House, any President deciding whether or not to terminate cooperation would want to factor into consideration the growing influence of the Indian American lobby in the U. S. and its perception of a U. S. response. 29 The deal signified an elevation of U. S. -India partnership. Ending the deal could be similarly symbolically significant. Business interests will also shape th e nature of U. S. esponse. Some critics of the nuclear deal have long held that business interests drove the initiative. 30 And economic self-interest could certainly reduce the likelihood of U. S. termination. American companies such as GE Hitachi and Westinghouse that are poised to construct nuclear reactors in Andhra Pradesh and Gujarat will not want to be cut out of Indian markets. 31 According to a U. S. -India trade group, such business may be worth $130 billion by 2030. 32 27 See Michael A. Levi and Charles D. Ferguson, ââ¬Å"U. S. India Cooperation: A Strategy for Moving Forward,â⬠CSR No. 16, June 2006, Council on Foreign Relations, p. 9. Raja Karthikeya, ââ¬Å"Indiaââ¬â¢s CTBT debate: Conviction or Conââ¬Ëfusion,ââ¬â¢Ã¢â¬ published on the website of the Center for Strategic and International Studies (http://csis. org), Sept. 28, 2009. For coverage of the growing influence of the Indian American lobby see Mira Kamdar, ââ¬Å"Forget the Israel Lobby. The H illââ¬â¢s Next Big Player Is Made in India,â⬠The Washington Post, September 30, 2007, http://www. washingtonpost. com/wp-dyn/content/article/2007/09/28/ AR2007092801350. html. See for example J. Sri Raman, ââ¬Å"The U. S. -India nuclear deal ââ¬â one year later,â⬠Bulletin of the Atomic Scientists, October 1, 2009, http://www. hebulletin. org/web-edition/features/the-us-indianuclear-deal-one-year-later. Randy Woods, ââ¬Å"India names sites to host reactors by GE Hitachi, Westinghouse,â⬠Nucleonics Week, October 22, 2009. Mark Hibbs, ââ¬Å"Moving Forward on the U. S. -India Nuclear Deal,â⬠Carnegie Endowment, Q;A, April 5, 2010, http://carnegieendowment. org/publications/index. cfm? fa=view;id=40491. 28 29 30 31 32 IDSA Issue Brief 9 Balance of power geopolitics ââ¬â Concern about preserving the balance of power in Asia and assessing the motives that may have led India to test in the first place will also play a role in determining U.S. response to an Indian test. India may in the future want to expand its nuclear arsenal or increase the credibility of its thermonuclear deterrent in response to developments in neighbouring countries. If India were to test following overt territorial aggression by China or Pakistan, then it is probable the U. S. government would indeed excuse Indian tests. If India were to test in the wake of testing by China or Pakistan, it is again possible that the U. S. would tolerate a reciprocal act, though it is hard to imagine officials in Washington not feeling compelled to respond in some shape or form.It should also be noted that the U. S. will probably have to impose sanctions on India regardless of what steps (if any) it takes with respect to ending nuclear cooperation. The Glenn Amendment to the Arms Export Control Act mandates that the U. S. cease assistance to any non-nuclear weapons state involved in the transfer or use of a nuclear explosive device, although the president has authority to dela y imposing sanctions if he deems they would be ââ¬Å"detrimental to the national security of the United Statesâ⬠and waive them entirely with Congressââ¬â¢s approval. 3 This was the law triggered in 1998 when India conducted five nuclear explosions in the desert of Rajasthan. But the impact of such sanctions has been debated. 34 The political will to maintain sanctions against India (and Pakistan, which had conducted its own nuclear tests following Indiaââ¬â¢s tests) seems to have been lacking as penalizing India became less important than securing business opportunities and Indiaââ¬â¢s partnership on emerging regional security concerns. Congress repealed sanctions against India less than two years after they went into effect. 5 As the above snapshots of the factors that could determine a U. S. response to Indian testing suggest, people-to-people, business, and security ties between the U. S. and India have only grown since then. These factors (with the exception of t he make-up of U. S. leadership) demonstrate the ways in which U. S. response to Indian testing could be complicated by the transformation of the U. S. -India relationship since the end of the Cold War. Increasing partnership may limit the scenarios under which the U. S. would end the civil-nuclear deal or take supplementary steps such as imposing sanctions.Why ending the deal may not matter to India Understanding how India will be impacted by a U. S. response to testing is as important 33 See Section 102(b) of the Arms Control Export Act. India is a non-nuclear weapons state as defined by the Nuclear Nonproliferation Treaty. For a comprehensive discussion of the impact of the 1998 sanctions against India and Pakistan see Robert M. Hathaway, ââ¬Å"Confrontation and Retreat: The U. S. Congress and the South Asian Nuclear Tests,â⬠Arms Control Today, January/February 2000, http://www. armscontrol. org/act/2000_0102/rhjf00. Ibid. 34 35 If India Tests?The Implications for the Indo- U. S. Civil-Nuclear Deal 10 e considering the nature of the response. There is good reason to believe that India would as not be adversely affected by a cut-off of U. S. nuclear supplies. Even if the U. S. stops nuclear cooperation with India, several other countries are poised to step in and begin exporting fuel and technology to India. Shortly before Congress approved the deal, the Nuclear Supplies Group agreed to exempt India from the usual rules governing global nuclear trade, freeing India to cooperate with other NSG member states on nuclear trade.India currently has bilateral nuclear agreements in place with the U. S. , France, Russia, Kazakhstan and Canada. 36 The NSG exemption opening up trade with India may in fact be the most significant legacy of the civil-nuclear deal. As George Perkovich explains, ââ¬Å"[i]f India were to test a nuclear device after several years of receiving fuel imports, it would be able to withstand interruption of foreign fuel supplies, especially if in the intervening period India increases its own uranium mining operations. 37 This analysis suggests that Senator Obama was prescient when pushing for limits on Indian reactor fuel reserves. In the future, however, cut-off of U. S. supplies may not be a sufficient tool for preventing Indian proliferation. Conclusion By some calculations, the chances that India will test a nuclear weapon in the coming years have never been high, deal or no deal. But if India again surprises the world as it did in 1998, then conversations on the implications for the deal will undoubtedly be about more than its finely wrought language.The above record of debate on testing speaks to the depth of American concern that testing will lead to unstable nuclear escalation and to the lengths the U. S. went to in order to deter India from conducting new tests. But the end result of those negotiations also underscores U. S. resolve to forge a new relationship with India despite evident disagreement on a thor ny issue. In the event of a test, itââ¬â¢s a safe bet that the preferences of U. S. eaders, domestic lobbying, and geopolitical balance of power considerations will play a role in determining U. S. response. The effect of that response on an India that is itself deepening ties with the U. S. and diversifying its partnerships is equally worth contemplating. 36 Urjit R. Patel, ââ¬Å"Crucial Deadline for Nuclear Energy Business in India,â⬠The Brookings Institution, http://www. brookings. edu/opinions/2010/0817_nuclear_energy_india_patel. aspx. George Perkovich, ââ¬Å"Global implications of the U. S-India deal,â⬠Daedalus, Winter 2010, p. 26. 37
Tuesday, November 26, 2019
Realism vs. Liberalism
Realism vs. Liberalism Turn Memo 1: In international relations, two theories are mostly employed in analyzing major issues in politics. Realism and idealism are the two major theories. Idealism is a theory that was first supported by the US president after the Second World War. The theory observes that there are many actors in the international system. The state is not the only actor because other units, such as religious organizations, Multinational Organizations, and supranational organizations exist.Advertising We will write a custom essay sample on Realism vs. Liberalism specifically for you for only $16.05 $11/page Learn More The state does not have massive powers as far as policy formulation is concerned. For instance, Multinational Organizations influence the policy formulation among the Less Developed Countries. Moreover, religious organizations are known to influence the behavior of states in a number of ways (Lamy 78). An example is given in Poland during the Cold War wh en John Paul II influenced leaders to abandon communism in favor of capitalism. In this regard, it can be observed that Catholic played a critical role in influencing leaders to keep off from the communism. In the international system, the United Nations plays an important role in influencing the foreign behavior of states. For instance, the UN Security Council can impose sanctions to a sovereign state. In Libya, the UN Security Council imposed a no fly zone sanction to the sovereign state because it is the main actor. In contrary, realists observe that the only actor in the international system is the state. The state has the power to formulate foreign policies without consulting any other entity. For instance, the state should not consult the populace before making foreign policies because foreign policy formulation process is considered high politics. In this case, other actors exist to temper with the sovereignty of the state because they should not be involved in the process. R ealists claim that states have the powers to either support or oppose global decisions. It is the responsibility of the state to decide whether to support a policy or not. Moreover, the state confers nationality to individuals. Without the state, an individual cannot move from one corner of the world to the other. The state has established structures that facilitate world security. Turn memo 2: Liberalists observe that there are many actors in the international system. The international system is a community of both states and human beings. The foreign policy should recognize all actors. In this case, the role of other actors must be recognized. As states struggle to accomplish their missions, they must prioritize their goals.Advertising Looking for essay on international relations? Let's see if we can help you! Get your first paper with 15% OFF Learn More Those goals that aim at fulfilling the common interests should be pursued first as opposed to the goals that accomplish individual interests. Foreign policy formulation should be based on morality. Moreover, it must be based on internationally recognized codes and morals. This is the reason why states intervene militarily whenever human rights are violated. This shows that liberalists value universal interests as opposed to national interests. Hoffman noted that states have a duty beyond their borders. For instance, a state should ensure that the rights of other individuals are not violated, irrespective of whether the individuals are citizens its citizens. Liberalists emphasize human rights meaning that they must always be taken into consideration whenever foreign policies are formulated. To liberalists, the end does not justify the means because leaders must be held accountable at every decision they make. Liberalists are prescriptive implying that foreign policy should be reflective (Mansbach 89). On the other hand, realists observe that the unit of analysis is the state. The inter national system dictates to the state what should be done. In other words, changes in the international system dictate foreign policies. In this regard, the international system is anarchic meaning that it lacks the central authority. Each state is concerned with its own security. States are preoccupied with national interests, not collective security. Therefore, the state will always prioritize its interests. Realists believe that the end will always justify the means. Turn memo 3: To liberalists, the international system is characterized by cooperation. This explains why the US could provide aid to its adversaries such as Japan and Russia during calamities. In the international system, law is respected because it dictates what ought to be done. For instance, states will always cooperate to fight the common enemy. For example, states struggle to achieve peace through nuclear disarmament programs. In the current international system, many states are members of world organizations su ch as the World Trade Organizations and the Atomic Agency. The main aim is to achieve peace and order (Masker 12). To realists, the international system is characterized by brutality and mistrust. In this case, the international system is anarchic implying that some states are powerful than others. The less powerful states are usually subjugated and oppressed. The powerful states control policy formulation at the global arena. For instance, the powerful states control important organizations such as the World Trade Organization and the United Nations. The powerful states use the world organizations to achieve their national interests. The United Nations and the World Trade Organization exist as far as the US would permit.Advertising We will write a custom essay sample on Realism vs. Liberalism specifically for you for only $16.05 $11/page Learn More Lamy, Steven. Introduction to Global Politics. New York: Oxford University Press, 2012. Print. Mansbach, and K. Rafferty. Introduction to Global Politics. New York, NY: Routledge, 2007. Print. Masker, John . Introduction to Global Politics: A Reader. New York: Oxford University Press, 2012. Print.
Friday, November 22, 2019
Business Writing 101
Business Writing 101 Business Writing 101 Business Writing 101 By Ali Hale The term ââ¬Å"business writingâ⬠covers any piece of writing produced in a business context. Iââ¬â¢ll focus here on documents that are produced for internal use (such as memos and plans), and reports aimed at clients. Most jobs today involve a significant amount of writing, especially as you rise up the corporate ladder. Many of us find writing business documents a daunting process ââ¬â and often procrastinate over it. This article should help you to gain confidence and to know where to start and how to progress. As with any forms of writing, your business writing will benefit if you follow the writing process (planning, drafting, revising, editing and publishing). Planning Your Business Writing Whatever the piece of writing youââ¬â¢re faced with ââ¬â whether itââ¬â¢s an email to shareholders or a complex report ââ¬â you should write a plan before you begin. In some cases, that plan will be very brief, perhaps a list of bullet points that you want to cover in your email. For longer documents, your plan may include: facts that you need to check or look up; a list of people whose input is required; the titles of sections or subsections; a list of illustrations or diagrams required. Having a plan means that you can ââ¬Å"chunkâ⬠a large project into manageable sections. This is a good way to avoid feeling overwhelmed or stuck on your business writing. Structure Most companies will produce similar types of document on a regular basis. For example, a software company might produce an annual report to shareholders, a monthly newsletter for clients, and a new user guide each time a new software module is released. For each of these documents, your company should have a standard template. This not only saves a lot of work in formatting a new document each time ââ¬â it provides you with a structure. If no templates exist (which is common if you are a member of a very small company, or if you work for yourself) use a previous example of the same type of document to create a template. When you have to come up with a structure from scratch, consider these possibilities: 1. Chronological Structure Some documents, especially short ones, are best structured chronologically (in order of time). A good example would be a work plan, stating what needs to be done each week for the next quarter. 2. Alphabetical Structure If you need to create a document which involves a large number of separate items, consider ordering it alphabetically (A ââ¬â Z). This applies particularly to glossaries of terms. 3. Topic Structure In many cases, documents are best split into different topics or areas. For example, a Frequent Asked Questions page for your website could be divided into ââ¬Å"about usâ⬠, ââ¬Å"complaintsâ⬠and ââ¬Å"deliveryâ⬠, with each section containing several questions related to that topic. Longer Business Documents When you produce a long and complex document such as a report, you should provide an overview at the start. This is often known as an ââ¬Å"executive summaryâ⬠. (You may also hear it called an ââ¬Å"abstractâ⬠, ââ¬Å"synopsisâ⬠or ââ¬Å"overviewâ⬠.) Hereââ¬â¢s a ficticious example of an executive summary in a report by ââ¬Å"Big Brother Corpâ⬠for their client ââ¬Å"WidgetIncâ⬠. Note that a real executive summary would be longer and more detailed: The main objective of this report is to provide a detailed analysis of WidgetIncââ¬â¢s customer demographics. This was done using standard industry procedures (primarily telephone surveys of randomly-selected customers). Big Brother Corp found that 89% of WidgetIncââ¬â¢s customers are aged under 25, and that 63% are male. It is recommended that WidgetInc targets this segment by advertising on popular game and video websites. As well as providing an executive summary, long documents require: A table of contents Clearly-labelled sections and subsections, normally using a numbered structure Business Language and Style All business materials should be written in a clear, formal, professional way ââ¬â but without using technical jargon or buzzwords. ââ¬Å"Clearâ⬠, ââ¬Å"formalâ⬠and ââ¬Å"professionalâ⬠means that you should avoid: Vague or ambiguous statements Jokes, humor, anecdotes and clichà ©s Unsubstantiated facts Slang or potentially offensive language You should also take care over your grammar, punctuation and spelling. Use your companyââ¬â¢s style guide when youââ¬â¢re unsure about a particular point of language, layout or style. If a style guide doesnââ¬â¢t exist, create one. A couple of examples illustrating what you might include are: The word government should not be capitalized, unless it starts a sentence All titles, headings and subheadings should be in Title Case (You might decide differently on those points ââ¬â the organization I worked for used sentence cases for titles, headings and subheadings, following the Guardian newspaperââ¬â¢s style guide.) Avoid padding out your document with impressive-sounding words that donââ¬â¢t say anything. Your writing should be concise and to the point ââ¬â it shouldnââ¬â¢t involve waffling. In many cases, you will also include a title page, diagrams, appendices, footnotes and other supporting material. Using the Passive Voice The passive voice is used to avoid attributing an action to a specific subject (person or group). For example: The data was analyzed according to our protocols. Rather than: Joe analyzed the data according to our protocols.. In this case, it is probably appropriate to use the passive voice: the reader of the report is unlikely to need to know who analyzed the data ââ¬â they just want to know that this was done. BusinessWriting.com suggests: Use passive voice when you do not know the actor, you want to hide the identity of the actor, or the actor is not important to the meaning of the sentence. However, the current trend in business writing is to use the passive voice sparingly, especially when communicating with customers. It can make a piece of business writing less engaging, and it can also seem evasive. Business Emails Much of the writing which you do during the business day will be in the form of emails. Many of these will be simple and straightforward, and you wonââ¬â¢t necessarily need to plan them in detail. Even for short emails, you should: Write a clear subject line Write a clear subject line ââ¬â and donââ¬â¢t forget to change the subject line if youââ¬â¢re replying to an email and introducing a different topic. Start with the personââ¬â¢s name, as you would with a letter ââ¬â it can seem rude or abrupt to launch straight into the body of the email. Sign off with an appropriate closing such as ââ¬Å"Best regardsâ⬠or ââ¬Å"Warm regardsâ⬠and your name. In formal contexts where you are not already acquainted with the recipient, use ââ¬Å"Yours sincerelyâ⬠(or, if you donââ¬â¢t know the name of the recipient, ââ¬Å"Yours faithfullyâ⬠). Spell-check your email ââ¬â errors donââ¬â¢t just make you look unprofessional, they can cause confusion, and waste time and resources. Be careful not to use jargon or acronyms unless youââ¬â¢re certain the recipient will understand them. This is particularly important for external communications, eg. with clients, customers or the media. Be familiar with basic email etiquette. Longer emails Keep your emails as succinct as possible, and consider sending an attachment or link to a webpage if you have a lot of information to convey. A good way to structure an email and to make it easy for the recipient to take in all the information is to use bold subheadings to separate sections on different topics. For example: Delivery dates We expect one article (text and image) to be delivered each week, by Wednesday noon. Images Please supply all images as .bmp files. They should be 600px by 400px, and should have a resolution of 300dpi or higher. Payment Invoice bob@widgetsinc.com on completion of work. If youââ¬â¢re sending a lengthy email, you may want to put a one- or two-line summary at the top. Itââ¬â¢s also a good idea to make it very clear at the end of your email what action you want. State this clearly, and as a list if appropriate. For example: Could you please email me with: The latest date from Project X Your drafted report on Project Y The times and dates which you would be available to meet next week Remember that, even if your business writing is in the form of an email, you should be professional, polite and ensure that you have provided all the information which the recipient is likely to need. Check Out Other Articles from The Writing 101 Series: The Writing Process Creative Writing 101 Story Writing 101 Letter Writing 101 Business Writing 101 Freelance Writing 101 Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Business Writing category, check our popular posts, or choose a related post below:50 Incorrect Pronunciations That You Should AvoidEmail Etiquette5 Ways to Reduce Use of Prepositions
Thursday, November 21, 2019
Enterprise in action Essay Example | Topics and Well Written Essays - 250 words
Enterprise in action - Essay Example Effectual logic takes advantage of unexpected events in the market. On the other hand, causal logic entrepreneurs engage actively in exploring existing opportunities and are capable of building their future upon them. These investors are able to correlate between one variable and the other and interpret the future depending on the consequence that one variable has over the other. When it comes to basis for taking action, effectual logic investors do not make goals at the beginning but the goals tend to emerge in the course of action. In contrast, causal logic is goal oriented, their means of achievement is determined by a set of goals, and objectives that they strive to satisfy. Causal logic entrepreneurs are driven into investment by the fact of maximizing on risk adjusted to the returns. Effectual logic entrepreneurs will limit their investment to a certain level of their acceptance in order to give them a chance to participate again next time. Effectual logic is more flexible but less secure while causal logic is not flexible but secure to some extent (Stuart Reed,
Tuesday, November 19, 2019
Currency Options and Their Role in International Trade Essay
Currency Options and Their Role in International Trade - Essay Example In order to deal with the problem of changing market prices, the trader needs to continually evaluate and analyze the functions of the market and the goals of the business enterprise (Stanley 1998). In addition, the business must be in a position to put in place new market rules and to be monitoring the trade trends and its development. In most of the world states, trade has emerged as one of the key sectors of the economy and most of her citizens depend on the trade for their source of living. The growth of the energy markets and the strategies of the energy providers have been the driving force of these trade improvements over the recent years. A number of commodities in the energy sector such as power, gas, carbon dioxide and even the weather have found their way into the trade market in societies. This has led to the improvement of the use of the scarce resources and increased complex organizations, process interfaces and the system infrastructures. The increased demand for data quality has led to most organizations to adopt the need for risk management that reduces the operational costs during the production process and the actual trading exercise (Dellââ¬â¢Ariccia & Marquez 2010). The international trade is finding its way in society and people have actively been involved in the same and this has led to the emergence of new market models such as market coupling are being discussed and this has made it easier for cross-border trading. On the other hand, the international trade implies that different rules and procedures must be followed and this has led to a change in the trading system that bring on board a number of challenges that require adaptation into existing risk management mechanisms. Exchange Traded Currency Options Foreign exchange traded currency options give a company or an individual the right to exchange the currency of their country into another currency of another country at pre-agreed exchange rate at a given time in the future. This i s the worldââ¬â¢s market option although most of the currency trade is done in private and hence it is not possible to determine exactly how large the market is. This form of trade is regulated however in a minimized way and most of the transactions are over the counter. With a few exceptions that are traded on exchanges such as the International Securities Exchange, the Philadelphia Stock Exchange, or the Chicago Mercantile Exchange that has options for future contracts (Dong-Hyun & Gao 2003). In the past, the universally accepted currency option was valued by the Bank for International Settlements. For any business enterprise that wish to grow in the international market, there is the need to value the Foreign Exchange factor. Most of the organizations often do not take this risk factor into consideration during their contracts hence the delayed growth, and success in the international market. The international market often fluctuates in value and a given asset or commodity val ued at a given price at a present time might be valued at a higher or lower price in the future due to the exchange rate factor (Manzur, Hoque, & Poitras 2010). In the currency option therefore, the product that is to be traded called a derivative is based on a universally acceptable instrument that
Saturday, November 16, 2019
Belonging Essay Example for Free
Belonging Essay Belonging, in essence, refers to the notion associated with the connections individuals make with people, groups and places. Conversely, by belonging to a certain group or place others are indirectly excluded from belonging in the process. Belonging is a connection that we all, as humans, instinctively seek out; it forms part of our natural behavior. Through this process of belonging we ultimately conform and grow as a person, the outcome through which is our place in society is established. The Immigrant Chronicleâ⬠by Peter Skrzynecki illustrates how difficult finding a sense of belonging can be by raising the issues experienced when attempting to assimilate in a new cultural environment with all the associated physical, personal and social changes. Similarly, Jeffery Smartââ¬â¢s painting ââ¬Å"The New Schoolâ⬠and the short film ââ¬ËMr Chengââ¬â¢ explore how barriers can hinder our sense of acceptance and belonging. Though it is an innate need to belong it is not always achieved. This idea is accentuated throughout ââ¬Å"In the Folk Museumâ⬠as the composer struggles to relate to a history and culture which is not his own. The visit highlights his inner conflict of not knowing where he belongs. He does not feel like a ââ¬Ëtrueââ¬â¢ Australian who may look at such ââ¬Ërelicsââ¬â¢ and see cultural significance to them and understand their historical value. Rather he views them in a detached sense ââ¬Å"To remind of a past/ Which isnââ¬â¢t mineâ⬠. The poet uses a faceless caretaker as a representative of Australiaââ¬â¢s past. She sits next to a ââ¬Å"winnowing machineâ⬠an agricultural machine that separates grain from chaff, creating a metaphor for separating the ââ¬Ëtrueââ¬â¢ Australians from new migrants. The poet illustrates the caretaker as dull and uninviting, matching her hair colour with the grey clay bottle that is in the museum; causing them to appear be made from the same entity adding to the composers discomfort and estrangement. The composer emphasises his lack of belonging by describing the colour of the museum as well as its ââ¬Å"cold as waterâ⬠touch showing the disconnection and isolation the composer experiences. The poem reinforces this idea, when the composer is asked to sign the visitorââ¬â¢s books emphasising that he is only a viewer of the Australian history rather than a part of it. Likewise ââ¬Å"St Patrickââ¬â¢s Collegeâ⬠also portrays the need to belong; however, it reveals that belonging does not always come naturally despite his mothers attempt to find a way to connect through uniform and the schools reputation. The poet explores this attempt to belong in the third stanza by the stress of ââ¬Å"eight yearsâ⬠passing by and yet he is still ââ¬Å"Like a foreign tourist, Uncertain of my destination, Every time I got off. â⬠The poet reinforces this idea again by the repetition of time in the start of the fourth stanza, establishing that no matter how long, he is still not able to belong. Despite the use of uniform, it is evident that it is only a facade, used in order to create an illusion of belonging. It is not the uniform that binds students together, but rather a unique connection shared with individuals and place. (Link to question here and back to thesis). Jeffery Smartââ¬â¢s painting ââ¬Å"The New Schoolâ⬠establishes that although belonging is an innate need, it is not always achieved. Smart is described as a social commentator, a witness to the alienated city dweller or worker in a dehumanized landscape. Elements of his paintings are taken from real places but they are modified and generalised. The effect is that he creates universal scenes which could be renderings of any large modern city rather than being anchored in Australia or Europe. The concept of isolation is shown through the individualââ¬â¢s body language and placement of the hands as well as positioning in the painting. She is distant from the other students, as well as the school, showing she does not fit, emphasising her disconnection and lack of belonging. Jeffery Smart also creates a negative feel through the dark colour of the sky and the sadness the girl displays through her facial expression, showing the difficultly to belong and how the individual feels isolation as she has no connection with these people place or groups. Similarly ââ¬Å"In the Folk Museumâ⬠, the composer feels alienated not being able to relate to the Australian culture and history. The poem initiates feelings of isolation and disconnection as the poet questions himself and his place in society as he does not experience a link with the history viewed. Both ââ¬Å"St Patrickââ¬â¢s collegeâ⬠and ââ¬Å"The New Schoolâ⬠relate to a place and a lack of belonging. Smart furthermore highlights the struggle to belong by the vectors in his painting. This is shown by the lines of the basketball court, fading as they progressively near the individual, emphasising the studentââ¬â¢s estrangement from the school. In the same way Mr Cheng experiences a lack of belonging through the vectors employed by the director, as images of his family appear however they fade emphasising his uncertainty of where he belongs. The director revisits the idea of isolation, illustrated through the severed family connections that Mr Cheng has suffered. Mr Chengââ¬â¢s alienation is echoed throughout the piece as the director emphasises his exclusion throughout the film through Mr Chengââ¬â¢s portrayal as being secluded from society. This struggle is shown by the projections of his memories on a brick wall throughout the film, creating a metaphor, representing the wall as a barrier, showing that although he possesses these memories he is blocked from accessing his true identity. Peter Skrzyneckiââ¬â¢s, ââ¬ËThe Immigrant Chronicleââ¬â¢, allows one to see the difficulties the poet, as a second generation migrant; experiences, this being, the dichotomy of belonging to a culture which is not his own and the feeling of estrangement from his parentsââ¬â¢ culture. This concept is also shown through Jeffery Smartââ¬â¢s painting ââ¬ËThe New Schoolââ¬â¢ as the individual struggles similar to that of Mr Cheng to relate to an environment which is unfamiliar.
Thursday, November 14, 2019
Attention Deficit Disorder Essay -- Health, Diseases
After a long day of hard work, I was exhausted and really hungry; I hear my stomach making weird noises. I grabbed the keys from the kitchen's table and put my sweater on. I decided to eat something fast but healthy. While I was driving to Wendy's, I was thinking about my order: a large salad, with a large orange juice and bowl of fruit. I was waiting for my turn when I saw Suzy, one of my old friends from high school, she was on the first table with the cutest, adorable, talkative and charming girl I ever seen. As I was approaching her to said hi, I hear this little girl screaming six times on top of her lungs ââ¬Å"HOT DOG!â⬠then she pulled the mat off the table, spilled the water in the table and threw the silverware to the waitress. I was in shock, I couldn't believe that this little girl was capable of doing this scene in front of many people. Everyone keeps looking at her and I hear them murmuring ââ¬Å" What's the matter with them?â⬠ââ¬Å"What kind of mom is she ?â⬠or ââ¬Å"Why they can control that little girl?â⬠. I saw her face of embarrassment, she quickly asked for the bill and left. I felt bad for her but I was wondering why this little girl acted like that. Is it really bad parenting? Or a more serious problem? After I while I discover about this disorder called ADD ( Attention Deficit Disorder), but what causes this disease, what are the symptoms, or what is the treatment? Attention Deficit Disorder or also know as ADD has been called in different forms and terms but synonymously ADD is called ADHD ( Attention Hyperactivity Disorder) but speaking in medical terms they differentiate in many ways. ââ¬Å" According to the DSM-III both types involve difficulty with attentionâ⬠(Phelan 13). In one hand ADHD can be described as a disorder with att... ...mad at you and to feel like you haven't been let in on the secret. Get in a support group. It is helpful for you and your children to understand that you are not the only one living like this. Never, never give up!! There are some valuable lifelong lessons to learn.â⬠(Hallowell 12) And the most important Attention deficit children need help because they can succeed in social areas if extra help is provided for them. ââ¬Å" Whatever the case, the ADD child needs to be attended to. He or she should not be written as lazy, stupid, or badly behaved. With the proper intervention, the ADD child can be helped.â⬠(Woliver 48) There are parent support groups as well as family therapy. ADD can be considered as a family matter because the relationships are strained or breaking down. This therapies help them to avoid blame and check what problems have caused this.
Monday, November 11, 2019
A Summer with My Aunt Essay
I, of course, was not used to spending any amount of money because my parents were doing well enough to keep my sister and me in school, so the idea of having leisurely money was a new concept which I craved. As a child I admired this woman for many reasons and wanted to be like her. I wanted to live in a nice neighborhood with a big house, I wanted to drive a beautiful white shiny car and wear new clothes, I wanted to be strong and healthy , but most of all I wanted to be successful like she was. So I spent my days in school preparing for college so that someday I would be able to be like her. Things changed, though, when I moved down to Texas for two months to take care of her nine month old son, Luke; as it turns out Gretchen Decker was and is not as happy with her life as I thought she was. At the beginning of the summer I had agreed to fly out to California to take my grandmaââ¬â¢s place as a helping hand for my aunt. Gretchen had just married her third husband, Chris, two years prior and had recently become pregnant. My whole family was rather concerned with this matter because my aunt was now in her forties; when complications started arising my grandmother put her own life on hold to focus her attention on her daughter. When the time came, though, it was my turn to help my aunt. I left my job, friends, summer activities, and leisurely time to fly out to California and take care of my cousin. Plans were interrupted by my auntââ¬â¢s job, though, when she received recent news of a promotion that would land her in the Dallas metropolis. I, of course, did not mind because either way I would be able to finally get to know this woman I so aspired to be like, and at the same time I would be able to visit with my aunt Trudy. So at the end of the summer I packed up my bags and my dad, sister, and I drove down to Texas. The house was gorgeous with a huge entry way and vaulted ceilings and a large open-concept kitchen and living room. The rooms were not very large but they were a decent size, close to a large bathroom. There was no furniture yet because it was still being moved from California and sadly weââ¬â¢d have to live without it for a couple more weeks. It was a great neighborhood, though, quiet and clean but most importantly, safe; this was the house my mother and father were working so hard for. The city was also very established with great schools and big malls, another thing I, myself, had always wanted. The next day I met Luke and was shocked by his appearance. He was a gorgeous baby but his weight brought up a bit of a concern for me. Luke was only nine months old and weighed 30 pounds; the first though in my mind was, ââ¬Å"why is she feeding him so much? â⬠but I held my tongue and asked, ââ¬Å"So, what does he eat? â⬠My aunt replied saying, ââ¬Å"well he has five bottles a day and two to three solid meals a day. â⬠Another thought, ââ¬Å"holy crap,â⬠then I said, ââ¬Å"Wow, heââ¬â¢s big. â⬠She laughed and said, ââ¬Å"Yeah heââ¬â¢s definitely not starving. She may have found it funny but I found it odd that this child was the size of a two year old and was barely able to move. I walked over to the refrigerator next and poured myself a glass of water. As I drank, I stared at a picture of my aunt and Chris. They were running side by side concentrating on the goal ahead, when suddenly Luke laughed and my attention was turned to the other side o f the room. My sister, Darian, was playing with Luke and showing him how to use his toys. My aunt smiled at the sight and said, â⬠Darian, I love this little guy so much. Itââ¬â¢s amazing. Iââ¬â¢ve never loved anyone or anything this much. â⬠My sister immediately asked, ââ¬Å"Donââ¬â¢t you love Chris? â⬠The pause in-between the question surprised me, but finally she answered, ââ¬Å"wellâ⬠¦ yes but I just love Luke so much. â⬠She continued to answer the question by saying that Chris was a good companion and thatââ¬â¢s why she married him. Later I would learn my aunt ââ¬Å" just liked to be marriedâ⬠and that is what led me to believe my aunt didnââ¬â¢t care about love as much as she did her job, because she went into a marriage thinking like a business woman rather that a girl in love. To me this also meant she just didnââ¬â¢t want to be alone. A week went by and the moving was done and I was left alone with my aunt. She was struggling to get used to things at her new job and ii could tell she was under much stress. So I did everything I could think of to take a load off her back like doing the laundry, cooking, cleaning and making sure Luke was in a good mood for her when she came home. No matter what I did though my aunt began to become increasingly frustrated with her job. She would leave the house around six-thirty every day and come back around six and continue to do work after Luke went to bed. She would always tell me she wished she could spent more time with Luke but that wouldnââ¬â¢t be able to happen because Chris was playing ââ¬Å" peter panâ⬠in Afghanistan. Every day it was the same thing: ââ¬Å"Chris is peter pan,â⬠ââ¬Å"I wish I didnââ¬â¢t have to be the main providerâ⬠but the fact of the matter is that my aunt makes around 104 thousand dollars a year and Chris makes around 84 thousand. I was becoming very frustrated with my auntââ¬â¢s complaints because my family of four had loved off 30 thousand for quite some time and managed to survive, so why couldnââ¬â¢t she live off 84? The answer to my question was very upsetting. She said, ââ¬Å"Well thatââ¬â¢s Missouri and Missouri isnââ¬â¢t the real world. â⬠How dare she belittle my parentsââ¬â¢ hard work! They both worked day and night trying to provide a better life for my sister and I and this is how she sees their work? I didnââ¬â¢t even get to see my parents a lot of the time because one of them was always at work, and here my aunt sat in a huge house with a nice neighborhood, with a beautiful baby and a handsome husband and money so much that she didnââ¬â¢t even know what to do with it, trying to tell me how terrible her life was. I kept my mouth closed because it was not my place to tell her these thoughts but more and more I became disappointed in my aunt. Why could she not be thankful and content with what she had? Her favorite subject of complaint was her husband; mostly, because he didnââ¬â¢t make enough money for her to stay at home but she also accused him of trying to avoid her and Luke because he didnââ¬â¢t wasnââ¬â¢t to take any responsibility. She thought this because he was going to stay in a deployable unit but at the same time the reason he was doing that was for an education opportunity. There was no pleasing her, though; even the fact that Chris wanted to be the provider did not appease her. She had made a comment to me about how she would ââ¬Å"Find Luke a new daddyâ⬠if she had to. This made me sick to my stomach that she would say such a thing but I guess that is what happens when you marry someone just because you ââ¬Å" like to be married. â⬠Marriage is not like playing house it is a gift God has given us to become one with another person you love. Everything I admired my aunt for pretty much washed away because of my experience this summer and I will not go back to live with her again. She will sit in her big house in a nice neighborhood, with a husband she dislikes, a job that makes good money, and rot because she does not know how to be content. Thatââ¬â¢s what I really want is to marry a man I love, give him beautiful children, and work at a job that I absolutely love; not a bunch of money with nothing to do with it. I can thank my aunt, though, for showing me how unhappy a person can be in their life because they focus their mind on only the negative and never any positive aspects of their lives.
Saturday, November 9, 2019
Marketing Micro and Macro Environmental Factors Essay
Macro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While analyses are typically carried out on the macro environment, the micro environment still has an important role to play. In summary, the macro environment is involved with the industries, companies, markets, clients and competitors, while the micro environment can be represented by the suppliers, competitors and customers. Macro Environment These are the major external and uncontrollable factors that influence an organizationââ¬â¢s decision making, and affect its performance and strategies.The macro environment is typically segmented for the reasons of analysis. This analysis, commonly referred to as a PESTLE analysis, allows researchers to look at the main six environmental factors that affect a business. These factors are political, economical, technological, environmental, legal and social. Each of these factors indirectly affects the company but the company cannot control them. Instead the company is required to adapt to these factors in the most efficient way possible. The results of this analysis allow the company to see where their strengths are when adapting to the macro environment and where they could improve on their methods. 1. Economic Environment: Economic environment of business has reference to the board characteristics of the economic system in which the business operates. The business sector has economic relation with the government, capital market; household sector and global sector. These sectors together influence the trends and structure of the economy. The form and functioning of the economy vary widely. The important external factors that affect the economic environment of a business are; (i)Economic Conditions: ââ¬â The general Economic conditions prevailing in the country viz. national income, per capita income, economic resources, distribution of income and assets, economic development etc. are important determinants of the business strategies. Business cycles and economic growth of the economy are important factors defining the economic environment. (ii)The economic system operating in the country also affects the business enterprise to a very great extent. The economic system of a country may be capitalist, socialist, communist or mixed. (iii)Economic Policies: ââ¬â The government decides the economic environment of business through Budges, Industrial regulations, Economic planning, Import and Export regulations, Business laws, Industrial policy, Control on prices and wages, Trade and transport policies, the size of the national Income, Demand & supply of various goods etc. (iv)Economic Growth: ââ¬â The stage of economic growth of the economy has direct impact on the business strategies. Increased economic growth rate and increase in consumption expenditure, lower the general pressure within an industry and offers more opportunities then threats. (v)The rate of interest affects the demand for the products in the economy, particularly when general goods are to be purchased through borrowed finance. Low interest rated provides opportunities to the industries to expand whereas rising interest rates pose a threat to these institutions. (vi)Currency Exchange: ââ¬â Current exchange rates have direct impact on the business environment. When the rupee was devalued in 1991, it was to make Indian products cheaper in the world market and consequently boost Indiaââ¬â¢s exports. 2. Political and Governmental Environment: Political environment refers to the influence exerted by the three political institutions they are; Legislature, Executive, Judiciary etc. The legislature decides on a particular course of action. Government is the executive and its job is to implement whatever was decided by parliament. The judiciary has ensure that both the legislature and executive function in public interest and within the boundaries of constitution. Legal and political environment provides a framework within the business is to function and its existence depends on the success with which it can face the various challenges constructed out of political and legal framework. 3. Socio-cultural Environment: Changes in social trends can impact on the demand for a firmââ¬â¢s products and the availability and willingness of individuals to work. Social class and caste of a person goes a long way in deciding the business activities in relation to its production and marketing activities. Tradition, customs and social attitudes have changed the attitude and beliefs of the persons which have their effect on organizational environment. Class and caste are influencing the purchasing pattern. Socio-cultural environment may include expectations of the society from business, attitudes of society towards business and its management, views towards achievement of work, views towards structure, responsibility and organizational positions, views towards customs, traditional and conventional, class structure and labor mobility and level of education. 4. Natural Environment: Environmental factors include the weather and climate change. Changes in temperature can impact on many industries including farming, tourism and insurance. With major climate changes occurring due to global warming and with greater environmental awareness this external factor is becoming a significant issue for firms to consider. The growing desire to protect the environment is having an impact on many industries such as the travel and transportation industries for example, more taxes being placed on air travel and the success of hybrid cars, and the general move towards more environmentally friendly products and processes is affecting demand patterns and creating business opportunities. 5. Demographic Environment: Demographic factor include Size, growth rate, age composition, sex composition etc. of population, Family size, Economic stratification of population, Educational level, Caste, religion etc. All these demographic factors are relevant to business. These factors affect the demand for goods and services. High population growth rate indicates an enormous increase in labor supply. Population with varied tastes, preferences, beliefs, temperaments etc. gives rise to differing demand pattern and calls for different marketing strategies. 6. Technological Environment: In order to survive in todayââ¬â¢s competitive world, a business has to adopt technological changes from time to time. New technologies create new products and new processes. Technology can reduce costs, improve quality and lead to innovation. These developments can benefit consumers as well as the organizations providing the products. MP3 players, computer games, online gambling and high definition TVs are all new markets created by technological advances. Online shopping, bar coding and computer aided design are all improvements to the way we do business as a result of better technology. 7. International Environment: Another environmental factor which is fast emerging as the force to reckon with is the international environment. Implications of global or international environment are; (i)Due to liberalization, Indian companies are forced to view business issues from the global perspective. (ii)Safe and protected markets are no longer there. World is becoming small in size due to advanced means of transport and communication facilities. (iii)Learning of foreign languages is must for every business manager. (iv)Acquiring familiarity with foreign currencies is also must. (v)Facing political and legal uncertainties is inevitable. Micro Environment Micro environmental factors are internal factors close to a business that have a direct impact on its strategy. . Within the micro environment it is important that the layout of the physical infrastructure is focused on competitiveness. These factors include: Customers Organizationsââ¬â¢ survive on the basis of meeting customer needs and wants and providing benefits for their customers. Failure to do so will result in a failed business strategy. As all businesses need customers, they should be customer oriented. Employees Employing the correct staff and keeping staff motivated is an essential part of an organizationââ¬â¢s strategic planning process. Training and development play a critical role in achieving a competitive edge; especially in service sector marketing. This is clearly apparent in the airline industry, where customer services is crucial in obtaining a competitive edge. Employing staff with relevant skills and experience is essential. This process begins at recruitment stage and continues throughout an employeeââ¬â¢s employment via ongoing training and promotion opportunities. If a business employs staff without motivation, skills or experience it will affect customer service and ultimately sales. Suppliers Suppliers provide businesses with the materials they need to carry out their business activities. A supplierââ¬â¢s behavior will directly impact the business it supplies. For example if a supplier provides a poor service this could increase timescales or lower product quality. An increase in raw material prices will affect an organizationââ¬â¢s marketing mix strategy and may even force price increases. Close supplier relationships are an effective way to remain competitive and secure quality products. Shareholders As organisations require inward investment to grow, they may decide to move from private to public ownership and list on the stock market. The introduction of public shareholders brings new pressures as public shareholders want a return from the money they have invested in the company. Shareholder pressure to increase profits will affect organisational strategy. Relationships with shareholders need to be managed carefully as rapid short term increases in profit could detrimentally affect the long term success of the business. Media Positive media attention can make an organisation or its products and negative media attention can break an organisation. Organisations need to manage the media so that the media help promote the positive things about the organisation and reduce the impact of a negative event on their reputation. Some organisations will even employ public relations (PR) consultants to help them manage a particular event or incident. Consumer television programs with a wide and more direct audience can also have a very powerful impact on the success of an organisation. Some businesses recognise this and will change their reaction when consumers mention that they are going to contact a consumer television programme or the newspapers about the business. Competitors The name of the game in marketing is differentiation. Can the organisation offer benefits that are better than those offered by competitors? Does the business have a unique selling point (USP)? Competitor analysis and monitoring is crucial if an organisation is to maintain or improve its position within the market. If a business is unaware of its competitorââ¬â¢s activities they will find it very difficult to ââ¬Å"beatâ⬠their competitors. The market can move very quickly for example through a change in trading conditions, consumer behavior or technological developments. As a business it is important to examine competitorsââ¬â¢ responses to these changes so that you can maximise the impact of your response
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