Journal Essay Example | Topics and Well Written Essays - 250 words - 38

Journal - Essay Example It is important for any relationship, of whatever kind, that all involved feel like they are equals. In problem orientation, this is attained. However, in control orientation, one party ends up feeling like they are less powerful. Moreover, if problem orientation is used, the parties involved feel that their interests and needs are taken care of and are not ignored. In control orientation, often there is a feeling of being ignored that can cause distress. Since problem orientation tries to ensure that the solution benefits all parties involved, it is more beneficial to everyone involved as it not only solves the problem at hand, but also caters to the needs of as many parties as possible. In short, problem orientation is the right way to solve problems because it ensures that all those involved not only feel equal to one another, but that the problem goes away and the parties do not feel as if their interests were

Cross cultural management Dissertation Example | Topics and Well Written Essays - 750 words

Cross cultural management - Dissertation Example Globe program used nine cultural dimensions to capture the different norms, beliefs and cultural values that determine the effectiveness of leadership, these dimensions include power distance, uncertainty avoidance, human orientation, institutional collectivism, in-group collectivism, assertiveness, gender egalitarianism, future orientation and performance orientation (Bertsch & Girard, 2011 p23). This dissertation will critically review the various leadership styles used in United States of America, China and Nigeria using the nine dimensions of culture as brought forward by the GLOBE study. In America, most of the business leadership is usually far from the political class and the success of leadership does not necessarily depend on the contacts that the leaders have with the political class (Bertsch, 2012 p7). Most of the leadership roles in America has for a long time been centralised to the leader, the leader is in control of all the activities that are taking place in the organ isation, however, this has been changing with organisations being encouraged to decentralise the decision making process to the subordinates workforce. Bureaucratic procedures have always defined the mode of running organisations in America where the leaders have insisted on the following of the laid down processes and procedures in any activity. Humane orientation in most of the leadership position where the workers are rewarded for being kind or altruistic to the society does not exist, most of the focus is on how the organisations will maximise profits for their ownership. America, being one of the countries that have practised capitalism since their pre-colonial times, emphasises more on individualism than collective action in undertaking various roles, however, they pride themselves and show loyalty to the institutions that they work for; they have a sense of identity with their organisations or country. Gender roles in America, especially in the institutional and organisation platform have not been differentiated and there is no discrimination in leadership roles that can be assigned to either men or women, all roles are open to all genders (Anonymous, 2012, p91). Most of the organisations in the United States of America are involved in planning and strategising on how to improve themselves for better delivery of their roles and for the sustainability of their operations (Venaik & Brewer, 2010 p1299). Assertiveness is encouraged in organisations in order to gain a competitive edge over rival organisations or to increase area of coverage and market share, performance improvement and excellence is highly encouraged in individuals. In America, Charismatic value based style was the most effective where values are emphasised, autonomous leadership was the least effective in USA according to globe. Humane oriented leadership although preferred to some extent did not rank high in the United States, participative leadership in America which include involving oth ers in decision making would not be effective due to the population size. Team oriented leadership was also not favourable in USA and the self-protective leadership was similarly perceived to be practised in USA though not to a large extent. Most of the organisational leadership in the people’s republic of China are more concerned with the welfare of the people they serve and hence performance is not emphasised much, however, the trend is changing with the country heading toward a full capitalistic nation where excellent

Supply Chain Risk Management Essay Example | Topics and Well Written Essays - 3750 words

Supply Chain Risk Management - Essay Example Therefore, the significance of supply chain management theories and their usage in all industry types has increased greatly. Supply chains are evolved by companies for fulfilling business needs and functions. Supply chains help business to survive and grow. Each business is a part of the supply chain completing the assigned task. A multi-tier supply chain includes various flows i.e. financial flow, Information flow and material flow. Third party logistics (3PL) services providers who manage and perform specific logistic functions for other companies arrange the inbound and outbound logistic functions of the suppliers or owners (Khan et al., 2010). The term â€Å"supply chain management† came into usage in the 1990s for earlier used terms like â€Å"logistics† and â€Å"operations management†. â€Å"A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into int ermediate and finished products, and the distribution of these finished products to customers.†Ã¢â‚¬â€Ganeshan and Harrison (1995)). ... The first level is completed via internal supply chain management activities associated with logistics and procurement. Procurement for companies’ stock can stockpile high inventory levels and additional transport costs if the inventory is not consumed due to lack of demand (Kannegiesser et al., 2007). The second echelon can help companies in optimizing supply chain processes via integrated management of supply chains. The central focus of supply chain management is to manage the risk of overflowing inventories and inefficient handling of information not only within the company but among all supply chain members, which could be original equipment manufacturers (OEM), maintenance, repair and overhauling (MROs) or third-party logistics (3PL) partners to minimize stock levels and achieving optimization in resource usage (Kannegiesser et al., 2007). As such, the aim of supply chain management is to cover the cost risk, to offer the desired service level and fulfill customer expect ations. Production and distribution functions have to be integrated to achieve optimum performance volumes. As decisions on quantity and price of stock can not be taken beforehand, any drawback in integrated approach can reduce the profit margins although cost-cutting has been used as a tool in supply chain management (Kannegiesser et al., 2007). Research Background -- Theory Before discussing the study outcomes on total logistic costs based on general modeling approach, some theoretical background on current literature is necessary. There are two types of studies on logistic costs. One type deals with strategic parts of logistics and the other with optimal logistic decisions. This is the second type, which helps in mitigating risks, the leading purpose of which is finding system costs, which

Principles of Economics Research Paper Example | Topics and Well Written Essays - 1500 words

Principles of Economics - Research Paper Example sgruntling customers, suppose that the company may introduce a different type of programming that is cheaper for the company to provide yet is equally appealing to customers. Explain what would be the effects of this action. The law of demand states that, ceteris paribas, the higher the price of a commodity, the less the demand will be. On the other hand, the law of supply states that, all factors being constant, sellers are more willing to supply goods at a higher price than at a lower price. This theoretical point at which sellers are willing to supply goods and buyers are getting all the commodities they are demanding is referred to as the equilibrium. The equilibrium is depicted in the figure below: Figure 1: Market equilibrium chart (â€Å"Economics Basics: Demand and Supply,† 2011) If the government make a price ceiling law on cable TV that sets the price below the current equilibrium price two things will happen immediately: (1) cable TV sellers will find the business less attractive because of increased possibility of lower revenues and thus they will lower their supply. (2) Consumers will find the lower prices attractive and thus they will increase their consumption and demand for cable TV. After some duration, the huge consumer demand and low supply will cause consumers to compete for the few cable TVs available. This is depicted below: Figure 2: Effect of price ceiling (Taylor, 2006) In a free market economy, the consumer competition for cable TVs will push the prices up, which will make sellers want to supply more and hence bring the price closer to its equilibrium. However, in this case, the price ceiling prevents suppliers from increasing the supply because of the low marginal benefits compared to marginal cost of supplying cable TVs. This eventually... The rationale for releasing the new guidelines to be used by the Department of Justice and the Federal Trade Commission for evaluating proposed mergers is to provide more clarity and transparency to businesses seeking to engage in mergers and acquisitions. This way business can tell beforehand whether they will be successful with their application or not. Additionally, the new Guidelines take into account changes that have taken place in the legal and economic arenas since the last revision in 1992. From the guidelines one thing that stands out is the Department of Justice’s and the Federal Trade Commission’s focus on protecting competition and innovation within the American business sector. Mergers and acquisitions that may substantially lower competition, or to tend to create a monopoly will be rejected. So too will those M&As that are viewed as done to kill innovation. Some of the major implications of these guidelines are that: (1) it will enable companies save on r esources that they may have wasted on a merger or acquisition that ends up being disapproved; and (2) it provides the legal fraternity with more clear guidelines for those who would like to seek legal redress

Debates and essays Research Paper Example | Topics and Well Written Essays - 500 words

Debates and essays - Research Paper Example This has created problems with the Palestinians who feel that they were dispossessed. Even in the West Bank, nominally a Palestinian state there is Jewish settlement and brutal military repression. This issue, and the resentment of the Arab states about a Jewish state in the Middle East has led to many wars (1956, 1967, 1973, the Israeli invasions of the Lebanon in 1982, 2006 and the 2009 Israeli invasion of the Gaza). Iran has been a country much longer than Israel. In 1978 a revolution deposed the Shah and started an era of theocracy or religious government. Internally and externally the government has adopted very pro-Islam policies including threats to destroy Israel. Iran has also worked to develop a nuclear program nd nuclear missiles capable of targeting Israel. The Iranian nuclear threat is at the heart of the current diplomatic conflict between Israel and Iran. This is somewhat unfair. Israel has nuclear weapons, although it does not officially admit that it does. Therefore, it is difficult, particularly for Muslims, to understand its stance that Iran cannot have them.2 On the other hand, both Israel and the United States are adamantly opposed to Iran developing nuclear weapons. After meeting U.S. Vice-President Biden on November 8, 2010 a source told Aljazeera, â€Å"The only way to ensure that Iran will not go nuclear is to create a credible threat of military action against it if it doesnt cease its race for a nuclear weapon."3 Israel attacked a suspected Iraqui nuclear reactor in 1981 and a suspected Syrian reactor in 2007. It is suspected of planning to attack Iran in the same way.4 The second key issue is Israeli settlement in the occupied West Bank. Iran strongly opposes this, as do the United States and the United Nations. However, Israel recently ended a 10-month freeze on settlement and has settled 500,000 persons in the illegally occupied West Bank since 1967.5 The

Management accounting - financial reporting Essay

Management accounting - financial reporting - Essay Example Recent literature suggests that the environment that supports management accounting practices have changed considerably with advances in information technology, mounting competition among companies, globalization of businesses, economic recession, new management strategies and the shift of focus to customer services and improve quality. To support such changes, companies have altered their management accounting practices to adapt to the ever changing environment. There is sufficient research done by the authors discussed in this work, to support such a statement. The authors have also identified the factors that led the companies to implement such changes in their respective subject groups.To remain competitive in such a globally advanced environment, developing countries have introduced new cost and management accounting systems such as activity-based costing (ABC), activity-based management (ABM), target costing, product life cycle costing, quality cost management, customer account ing and the balanced score card (BSC) approach to performance measures. The difference in the systems used by the developed and developing nations can be attributed to the difference in cultural values between them. The systems in practice in the developed nations need not suit the developing nations as the environments surrounding the two are significantly diverse.A study of the South African firms by Waweru et al (2004) revealed that on average 63 percent of the management accounting changes were implemented in the last decade... The study reveals that Australian companies are early adopters while Indian companies are late adopters. The final study discussed by Damant (2003) in this work deals with a specific aspect of financial accounting, the income statement. The author of the study supports the view that a proposed change is needed to the traditional profit and loss account to promote better understanding and transparency in reporting. Although it is evident from the study that financial accounting requires a standardized format across companies and industries to enable comparisons and benchmarking, the author is of the opinion that implementing the new matrix would clear away many past and present difficulties in financial reporting. Theoretical insights by the authors According to Waweru et al (2004), all organizations are subject to their external environment and are dependant on them for their inputs and their output. "A company has to maintain a consistent relationship with the environment for its success." The changes in the external environment cause a rippling effect that causes alterations in the management accounting principles adopted by a company. The authors concur with the statement and conducts further research to identify the factors that induce and hinder the companies to alter their management accounting principles. Studies have proved that the political, social, economic and cultural aspects that surround a company influence its management accounting practices. Bearing in mind the diverse conditions under which companies operate, developing countries are cautioned against adopting principles practiced by the developed countries. Joshi (2001) also supports previous studies conducted concerning management accounting

The Process of Settlement in Qatar Essay Example for Free

The Process of Settlement in Qatar Essay Introduction Thesis Statement The settlement events that took place between Qatar and two nations (Bahrain and Saudi Arabia) had causes significant modifications, such as economic boost and individualism decline, in the modern day settlement conditions of Qatar.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   From the rich history of Qatar dating from 1766 up to the present, the territorial settlement within the area had originated to different areas and had progressed through different events and policy agreements. From the ancient times, prior to the official settlement of Qatar, the physical characteristics of the area comprise of a dry interior with no formal occupants but rather nomadic tribes. However, the arrival of the Bani Utub had caused the emergence of the Qatar settlement. During the initial phases of Qatar settlements, the rough start had always been present due to commotions and familial conflicts that sometimes lead to the reduction of their small population[1]. The segments of the Bani Utub clan in Kuwait, the al-Khalifa and al-Jalahima, left Kuwait for Zubara, on Qatar’s western coast, where they established the Qatar settlement[2]. This perspective had been considered as far as the ancient times; however, the rally and the cradle of new civilization had formed the new issues on Qatar settlements together with Saudi Arabia that significantly affected the economic and societal stand of the country. It was during the 19th century when the first issue on Qatar and Saudi Arabian settlements had broken out considering the border settings of the country. The settlement argument of Qatar had also reached the attention of different areas, such as Bahrain, Egypt, etc. The process of settlement of Qatar’s land had caused significant impact within the society especially on economic and social conditions. In this study, the primary aim is to determine the process of settlement that has been present in Qatar. The study also gives emphasis on the effects of this settlement issues in the modern conditions of Qatar today. Discussion Settlement in Qatar   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Historically, Qatar was one of the sovereign states that possessed its own control over the manipulation of its state management. The borders comprised the midway of the Western coast of the Arabian Gulf from which the Qatar society had main obtained their living in the line of fishing industry. However, the boundary lines of Qatar coincided to Arabian Gulf, specifically with Saudi Arabia and Bahrain’s maritime boundaries. Qatar scope of settlements also included other Arab countries, such as the United Arab Emirates (UAE) and Iranian territories[3]. Measuring the Qatari settlements, the arid desert and dry climate of Qatar had extended over the Peninsula, which were about two hundred kilometers long and hundred Kilometers wide with an area coverage totaling to 11850 square Kilometers.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   From the historical perspective of Qatar, the modern rule occurred during the early 18th century wherein Al-Thani family of Qatar, which was considered as the dominate family of the tribal settlement that was from the lineage of Al-Maadhid (part of the Bani Tamim hierarchy ) tribe of Ushaiqir in the province of Al-Washm of Nejd, came to the settlements of Qatar[4]. From the early settlement of the family, Al-Thani decided to explore and relocate their settlements to Zubara, Ruwais and Fuwairat during the start of middle 18th century; hence, triggering the trend of Qatar’s modern settlements. The history of Qatar’s union with Bahrain as a dependent country during the time of Muhammad bin Thani’s dynasty (1868-1876). This pact was continued by the Al Khalifah during their settlement in Zubarah, which lies on the west coast of the Qatar peninsula[5]. From here on, the issues of settlements with Qatar and other nearby countries, which had originated with the early leaders of their land, had ignited to form border concerns and territorial arguments.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   With the entrance of 21st century, the Al Thani ruling family of Qatar had significantly battling against the Al Khalifa claim to the old settlement area, which had been under Qatari’s territorial rights[6]. In 1994, the issue on Qatar settlement with Bahrain and Saudi Arabia had reached the International Court of Justice (ICJ) wherein the office had to consider the legal effects of a double exchange of letters between these countries. The ICJ allocated sovereignty over Zubarah, Janan Island and the low-tide elevation of Fasht ad Dibal to Qatar. On the other hand, Bahrain was granted sovereignty over the Hawar Islands and the island of Qit’at Jaradah. From this point, the maritime disputes between Bahrain and Qatar had been settled with the delimitation from a point centrally in the Gulf of Bahrain, but not exceeding the boundary line with Saudi Arabia[7]. According to Aust (2000), Saudi Arabia, having agreed to use its good offices to help solve certain territorial disputes between the other two states sent each of them letters in identical terms proposing certain settlement procedures[8]. From that point, no significant tensions had occurred between Saudi Arabia and the demarcation of Qatar’s borders; although, it left significant conflict against Iran and other nearby countries, such as Kuwait and Yemen. With the advent of Qatar merging its borders with Saudi Arabia, significant changes occurred in its economy and society, such as the expansion of oil market under Saudi Arabian supervision across the world market, etc. Social and Economic Changes in Qatar   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The effects of the settlement issues in Qatar did somehow caused disruption in the economic and society; however, the country was still able to adapt and maintain the conditions of their land. According to Rice, from the later period in Qatar, during the time when the Gulf was the main artery of world trade and the settlements on eastern coast of Arabia became cities of the great commercial importance, are almost very barren, with no evidence yet discovered continuous occupations[9]. However, even with the unfavorable conditions of Qatar, they were still able to promote economic and societal growth in their area that resulted to the development of their country. In one scenario, the merging of Qatar to Saudi Arabian settlement after signing the General Agreement of Participation, as the modern course of their system, significantly boosted the oil market of Qatar towards the World Market[10]. Most significantly, Qatar is well known for its oil production and market across the world market of oil. The participation of Qatar with Saudi Arabia came in the progress of development and modernization of their country. Qatar had experienced significant economic boost through the wide exports of oil and other commodities. The decision of the government to merge their lands with Saudi Arabia had significantly triggered the open of Qatar trade and market in an international scope. However, the Qatar settlement, specifically on the Hawar Islands and the island of Qit’at Jaradah, was claimed by Bahrain after a long argument. This was decided upon by the IJC, which rendered their appeal in vain; however, they were granted with the other part of the territory that they were fighting for, which were the Zubarah, Janan Island and the low-tide elevation of Fasht ad Dibal to Qatar. This territorial allocation had greatly affected the society through the expansion of possible trade market that can provide significant boost in the welfare of the society Conclusion   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In the study, the settlement of Qatar had originated form the family of Al-Thani, which later on dominated the social trends and political management of their land. The historical process of Qatar’s settlement had long been frustrated by the arguments and claims of Saudi Arabia and Bahrain. The ICJ had provided its jurisdiction of granting parts of Qatar islands to Bahrain while retaining Zubarah, Janan Island and Fasht ad Dibal to Qatar, which somehow resolved the conflict between the two warring countries. On the other hand, the settlement issues with Saudi Arabia had provided caused the merging of territorial affinities through in the perspective of trades and industries, and one of these was the oil participation of Qatar under the General Agreement of Participation. The settlement issues of Qatar had caused significant pros and cons in the society and economy. The pros concerned with the advancement of their trade and industry giving the Qatari society an open opportunity for oil transport and international trade market. However, the cons was the lost of parts of their islands and the reduction of their economic individualism as per their participation with Saudi Arabia. Works Cited Anderson, Ewan W. nternational Boundaries: A Geopolitical Atlas. Routledge, 2003. Aust, Anthony. Modern Treaty Law and Practice. Cambridge University Press, 2000. Bahl, Taru. Encyclopaedia of the Muslim World. Anmol Publications PVT Ltd, 2004. Crystal, Jill. Oil and Politics in the Gulf: Rulers and Merchants in Kuwait and Qatar. Cambridge University Press, 1995. Parra, Francisco. Oil Politics: A Modern History of Petroleum. I.B.Tauris, 2003. Rice, Michael. The Archaeology of the Arabian Gulf. Routledge, 1994. Zahlan, Rosemarie. The Making of the Modern Gulf States: Kuwait, Bahrain, Qatar, the U.A.E. Routledge, 1989. [1] Crystal, Jill. Oil and Politics in the Gulf: Rulers and Merchants in Kuwait and Qatar. Cambridge University Press, 1995. p.26 [2] Ibid 26 [3] Zahlan, Rosemarie. The Making of the Modern Gulf States: Kuwait, Bahrain, Qatar, the U.A.E. Routledge, 1989, p.84 [4] Ibid 84 [5] Ibid 84 [6] Bahl, Taru. Encyclopaedia of the Muslim World. Anmol Publications PVT Ltd, 2004. p.103 [7] Anderson, Ewan W. nternational Boundaries: A Geopolitical Atlas. Routledge, 2003. p.103 [8] Aust, Anthony. Modern Treaty Law and Practice. Cambridge University Press, 2000. p.18 [9] Rice, Michael. The Archaeology of the Arabian Gulf. Routledge, 1994. p.233 [10] Parra, Francisco. Oil Politics: A Modern History of Petroleum. I.B.Tauris, 2003. p.161