Macroeconomics of China and it's GDP Research Paper

Macroeconomics of China and it's GDP - Research Paper Example The steady increase in prices facilitated by the economic bubble suggests that China has come to a critical point of discouraging inflation within the right time: the vibrant mechanism of the economic growth in China has passed through a great transformation (Lai, 2006). At the time the government of China opened up foreign trade, facilitated investment and implemented the free market reformation about four decades ago, China has since become among the world’s top performing economies. With the real annual gross domestic product growth that averages to nearly 10 percent through the year 2013 (Bachman, 2011). In the current years the economy of China has emerged as the main global economic and the trade power. In the world’s current competitive market China is the top merchandise trading economy, holder of foreign reserves and it also acts as the largest destination of the foreign direct investment. Fortunately, China is expected to be the worlds’ largest economy in the next one year. Most economists forecast that China will overtake the United States of America to become the top performing economy in the world in the next few years. However, the probability of China to maintain the rapid growth of economic situation is minimal in the long run because it depends on the government for the implementation of comprehensive economic reforms (Lai, 2006). This will quickly facilitate the transition of the economy of China to a free market economy and create a balanced distribution within the economy thus creating a consumer demand rather than exportation. The government of China is greatly attached to its economy and it has acknowledged for some renovations in order to deal with some challenges effectively and efficiently (Bachman, 2011). China is the second largest economy in the world that will soon overtake the United States. According to the outstanding

A Larger Slice of the Value for Stakeholders Essay

A Larger Slice of the Value for Stakeholders - Essay Example The role of stakeholders is an important one here as they are trying their best to get the best deal out of the equation. What this suggests is that these stakeholders are persistently looking after the best possible returns and thus the value added fund should provide its best shot within the dynamics of a changing economic basis of the organization. The stakeholders are the saviors of a business and it goes without saying that their role is pertinent to the overall smooth running of the business. If they do not receive the benefits in the wake of the value-added fund and that too in good numbers, their work would not be given the attention that it deserves and hence their role would come down a bit. These are very significant pointers on the part of the stakeholders who are looking to bringing out the best within the resources of the organization and thus giving their best in terms of investments. The expectations of the stakeholders increase drastically and it would be correct to state that managing their expectations at times is a cumbersome process, and more so when the organizations are facing troubled times (Smith 1978). However, when these organizations are doing well within their financial realms, these stakeholders step up the gas and demand their share in a magnanimous way. Therefore expecting that they will be asking f or a reasonable sum is a mistake because every stakeholder likes to get his best return or the value that he is looking forward to. Mature product markets ask for resilience and doing the same thing on a consistent basis. If a market is not mature yet and is still lingering within the growth stage, it would be correct to state that the stakeholders exactly know what to ask of them in the value-added funds that the company is overseeing, and which has played its role in a huge capacity.  

Change context Essay Example | Topics and Well Written Essays - 1750 words

Change context - Essay Example For example, one may question whether a halt in the organizations operations would result in the same changes observed and the consequent associated benefits, or, while in operation, what changes are the organization seeing in its context, that need to be taken into the account. A credible answer to these questions will allow the organization identify what is important and effective this will allow the organization to develop necessary activities that seek to drive the organization to an affirmative position, and communicate its impact in a better manner. Change doesn’t usually occur in an unprecedented manner, and arriving at a reasonably acceptable form of change requires assessment and implementation of strategies meant to accomplish the organizations set goals. In most cases, organizational change results from major external driving forces that the organization has little control over, such as need for increase in productivity, significant cuts in funding and need to address new market targets, among others. Normally, in a bid to keep up with these changes that affect the organization, unprecedented changes must occur, devolving the organizations structure to newer improved standards that can keep up with the changing environment. Such evolving changes may include formulation of new policies such as changing from a highly hasty decision making entrepreneurial tendency to one which observes calm and critical planning preceding decision. Such a move, which alters in the organizations operations results to organization-wide c hange. In comparison of three advertisements seeking to find viable individuals for employment in a managerial post, all the advertisements required highly trained individuals, with an adequate educational background. Also, the duties to be tasked to the manager were quite similar, including development of new organizational ideas, planning of the organizations expenditure, identification of issues affecting the

Pricing Decision Essay Example for Free

Pricing Decision Essay Companies in their endeavor to succeed in the highly competitive and dynamic market are now considering a clear focus on their marketing strategies. This is in order that they may remain relevant in the fast changing business environment, market conditions and consumer preferences. It is important that a company considers the effects of the changes in the business environment including price variations initiated by its competitors This is best done by first analyzing the prices offered by the competitors visa vie the company’s cost structure and the competitor’s chances to change in response to the company’s new price offers (Kotler 2003. p 66). Pricing Strategies The company needs to figure out the best strategy to implement in order to achieve the optimum prices for its products. To initiate cost-cutting with a view to improve on the profitability of the company the company must have an understanding of the type of cost that it needs to manage. This will be to a large extent influenced by its style of management, sources of professional advice, the broader vision of the company’s goals, communication strategy, and company’s capitalization in relation to debt-equity ratio and the cost of borrowing (Sherman 2007. p 3-4). The company also needs to understand the several types of costs that it incurs. The various types of costs are research and development costs, the overheads and administrative costs, human capital costs including health care costs, salaries and employee benefits, infrastructure and system costs, advertising and promotional costs, fixed and variable costs, and debt-servicing costs. The bottom line is to thoroughly examine each of these cost categories and weigh their importance to the company’s business operations, consider more efficient available alternatives, and the possible implications of the cost reduction strategy (Sherman 2007. p5 9). A company such as Wal-Mart that has for years been ahead of its competitors by offering the lowest prices for its goods. Wal-Mart is able to manage favorable price cuts by implementing price cut strategies such as endeavoring to reduce its costs by pursuing a tax reduction strategy. This has been through its investments in Real Estate Investment Trusts (REITs) in order to exploit tax loopholes and avoid some of the taxes levied in particular states (Moore 2007. p. 2). Having accomplished the above cost reduction strategy, the company may the come up with appropriate pricing for its products. This is done by first understanding pricing methods. There are six pricing methods that would lead to an informed decision in fixing prices. These are markup pricing method, the target return pricing method, perceived value method of pricing, value based pricing, the going-rate method of pricing and the sealed-bid method of pricing (Kotler 2003. p 66). Implications of Price Cuts and Conclusion The price of the product or service is a major factor that influences customer’s purchase decision is the marketing mix. A combination of the cost reduction strategy and an appropriate pricing strategy is more likely to benefit the company and enable it attain a competitive advantage over its competitors. By adopting market responsive cost cutting strategies in the communication industry, companies in turn helped create a better way of life whereby customers are now able to communicate more often and at lower prices Salazar 2007. p. 1). This translates to increased profits to the service providers as they are able to sell more units than before. References Kotler, P. (2003). Marketing Management. 11th Ed. New Jersey: Prentice Hall. Moore, M. (2007). Taxing Strategies: Always Cutting Prices, Wal-Mart Attempts to Rollback Taxes. Retrieved March 8, 2009 from http://walmartwatch. com/img/blog/NIMSP_tax_strategies. pdf Salazar, L. C. Cost Cutting Strategies at the Bottom of the Pyramid. Retrieved March 8, 2009 from http://www. lirneasia. net/wp-content/uploads/2007/03/2-lcs-shoestrings-sing-28feb07. pps Sherman, A. J. (2007). Strategies for Cutting Costs and Improving Profitability. Retrieved March 8, 2009 from http://www. sbecouncil. org/uploads/PPT%20Cost%20Cutting%20for%20Growth%20and%20Profitability. ppt

Skills and Requirements of Professional Educators Essay -- Education

Introduction: An educator is an individual whose work is to pass the required information to the students. A professional educator is effective in all they do and is responsible for the creation of an interactive learning environment. To do this, an educator should understand the requirements needed to satisfy the goals and objectives of their curriculums as well as the content. As much as the work of an educator is to disseminate the required information to the students, they also ensure that all the expectations of these students are met and if possible exceeded. An educator uses a variety of teaching strategies which includes classroom management to ensure that the purpose of education is achieved. In this paper, I will demonstrate the responsibilities, knowledge and skill required of an effective professional educator. Review of literature: A professional educator creates a positive learning environment that is conducive for all the students in the school. To do this, an educator must understand the principles of classroom management and employ these strategies as they interact with the students. The educator applies classroom organization skills to monitor the students mental, physical and social growth. Effective classroom organization skills include planning, communicating and scheduling. Planning helps an educator determine the day to day activities that needs to be carried out. Through communication, an educator tells the students exactly what will be requires of them. Effective communication allows the students to understand the goals and objectives of the curriculums that they are undertaking. Scheduling help in the proper allocation of all the available resources. Effective scheduling helps the educator to fully us... ...Five ways to encourage participation in the classroom. (2009, September 18). Retrieved from The Learning Generalist: http://www.learninggeneralist.com/2009/09/five-ways-to-encourage-participation-in.html Hannaford, A. N. (2009, December 11). INTASC Principles. Retrieved from http://audreymerrell.net/INTASC/principles.html Increasing Student Participation. (2009). Retrieved from The Teaching Center, Washington University in St. Louis: http://teachingcenter.wustl.edu/increasing-student-participation School of education. (n.d.). Intrinsic Motivation. Retrieved from Purdue University Calumet: http://education.calumet.purdue.edu/vockell/edPsybook/Edpsy5/edpsy5_intrinsic.htm The Education Division. (2008, March 11). Demonstrating Skills as an Educational Facilitator. Retrieved from Lewis-Clark State College: http://www.lcsc.edu/education/teacherprep/standards/ef/shtml

Coca Cola in Belgium

1) How could the Belgium problem have damaged Coca Cola? Coca-Cola had been creating a really strong and successful image, and people had great sympathy for the brand. But because of the Belgian scandal, the credibility of the umbrella brand was being doubted. First of all, customers (mainly from Belgium and France at the beginning) were scared of drinking Coca-Cola products. For example, parents did not want their kids to get contaminated. More so, the brand was not giving a specific reason for these incidents, and by not reacting soon enough the quality of their products was at stake.Because of that, the Belgian government imposed strict hygienic conditions to recover the right to sell their products again. Therefore, the rest of European countries had an â€Å"excuse† to distrust the brand, even if the Belgian authorities reacted a bit extremely due to the former chicken crisis. Suppliers and distributors around Europe were also impacted. Coca-Cola, as a global brand, had h ad to trust its bottlers to follow the quality values the company held, but this scandal challenged the current control of Coca-Cola over its supplier's plants.But these suppliers also were scared of the consequences of their relationship with Coca-Cola in this crisis. Coca-Cola also suffered a financial impact because of this crisis. The withdrawal of their products had a negative impact on the second quarter net income of the year 1999, with a decrease of 21%. Not only that, but the cost of the entire operation escalated to $103 million. All around the world investors were afraid of the money invested in the company, and this affected a decrease of the share value on Wall Street.The competitors saw this crisis as an opportunity, and increased their promotion in order to steal part of Coca-Cola's market share. They took advantage of Coca-Cola's weak image during those days to claim their own high quality. Despite all of this damage during June and July (partly due to the slow react ion of Coca-Cola), by the beginning of August the core users of Coca-Cola brands had regained the same purchasing intent than before the crisis. Hence, we can conclude that even if there was a big impact in the short term, this crisis did not affect the image of the company in the long term. ) Is the problem solely limited to Belgium? Solely to Europe? Or is it a global problem? It is worth mentioning that this was the first crisis of these characteristics that Coca-Cola suffered. Until then, it had been the most famous and successful global company, but a located problem in a relatively small country as Belgium had repercussions in Wall Street. It is true that the center of Europe was the most affected area for this problem: the cases of sickness were reported in Belgium and in France only, but it also affected the rest of the European market (Luxemburg and Dutch, for example.It even made the European Commission involved, which recriminated the company for not giving enough explana tions. However, it was not only the Eurpean market who was affected: they reported a worldwide loss of 1% of sales, and during 10 days they lost a 13% in share value. Therefore, the Atlanta Headquarter had to react, and Douglas Ivester (CEO) had to make a public international apologies. Nevertheless, Coca-Cola is produced locally rather than globally, so they could have reduced this global impact by informing about the production and distribution process.In conclusion, the brand image and reputation of Coca-Cola was affected globally, but especially in Europe, as it is where it had direct impact. Although thanks to Coca-Cola's strength, its global profitability only received a short term impact. 3) Is it feasible for the company to regain its image? In this particular case, we already know that Coca-Cola was able to regain its image. But it is interesting to see what were the reasons of the recovery, and whether they can be used by other companies.First of all, this crisis started a s a phenomenon of mass hysteria, which happen periodically. They tend to have huge impact in the short term, but the long term is barely affected. Most recent example would be the avian flu, which had few casualties but caused a great disturbance. Second, the company had more than enough resources, the know-how and the influence to regain the confidence of its stakeholders through communication. After all, they were highly regarded by most consumers and markets, and recognized as a global, â€Å"caring† brand.Third, we have now (not that much in Coca-Cola's particular case) the example of other global brands that had comparable problems and were able to recover, through both communication and other acts. One very well known problem was that of Nike, and the whole scandal of child labor during the 90's and early 00's. They reacted fast, and instead of trying to cover it up, admitted it and acted in order to end the problem, and convince their stakeholders that they had 4) If y ou had to design an advertising campaign, what objective would you propose? And what actions other than advertising would you undertake?The scandal suffered in Belgium was also a reason for European authorities (and each country's authorities) to expose their doubts about Coca-Cola. Thus it would be advised to have an all-around campaign to prove the company's integrity and its commitment on social responsibility in front of all of the stakeholders, not only the consumers. Some ideas we discussed that could be included in this campaign during the hysteria are the following: * The crisis was directly linked to Coca-Cola cans. Because of that, Coca-Cola should promote bottles rather than cans.Unconsciously the human brain would not link the bottles with the crisis. * The main focus of the campaign should be on emotional arguments, as functional arguments are compromised. * Similar to the first idea, prevent damage over other brands (Fanta, Nestea) by advertising them individually, so the consumers do not link them directly to Coca-Cola. These communications could be supported with PR. If we can convince the media of the commitment on quality, positive comments will help calm down the consumers and minimize the impact of the hysteria.John Emsley's article in The Independent is the perfect example of of how this comments can benefit Coca-Cola. Some ideas we discussed that could be changed in the company after the hysteria are the following: * Redefine the company's mission, to better show commitment with its stakeholders and with social corporate responsibility. * More collaboration with local governments on social projects. * Stronger conditions for suppliers, or stronger control over them, in order to make it harder for these crisis to appear.

Are gender differences socially shaped?

a) The term androgyny is the meaning for a person who uses both male and female characteristics. b) Content analysis is the analysing of different communications and the sort of message they're giving out. An example of this is a study of British TV adverts conducted by Manstead and McCulloch in 1981. They found evidence that stereo-typing of the male and female role was significant and that because of this, the adverts are likely to play an active part in shaping cultural attitudes towards women. c) One study in which the experimental method was used was by Money & Erhardt (1972). They were interested in seeing whether a boy who's identity had been changed would develop as a biological male or, because of his new identity, a male. They could compare this with his identical twin brother. The method was that due to an accident during surgery, this child of 7 months suffered injuries to his genitals so badly that the doctors advised to the parents that he should be castrated and given plastic surgery to create a female appearance. During adolescence, the hormone oestrogen was given to the child (known as Joan) to encourage breast development. Money monitored the behaviour of Joan until early adolescence. The results were that Joan did in fact develop as a normal female. She assumed a traditional female identity and was far more feminine than her identical twin brother. The conclusion to this experiment is that if it was presented in the nature vs. nurture debate, nurture would win in this case. Even though Joan was a biological male, the results showed that Joan developed a female gender identity. d) The use of cross-cultural research to investigate gender differences is essentially to point the differences in cultures by environmental factors, shaping the development of gender identity. Mead (1935) conducted a study of three societies to see whether there were differences in gender roles looking at the nature vs. nurture idea. She went to New Guinea for six months to study ‘The Arapesh' who lived in the mountains, ‘The Mundugamor' who lived by the riverside and ‘The Tchambuli' who lived on the lakeside. She wasn't campring the differences between the three groups, but the differences of their culture compared to traditional Western culture. Her results showed that The Arapesh showed that there were similarities between themselves and Western society, although they were more interested in the community than reaching their own individual targets. The Mundugamor showed traits that were described as masculine. Both males and females were ‘fierce' and ‘cannibalistic'. The Tchambuli had very obvious gender roles, although they were the reverse of the West; men were more artistic and women held more status and economic power. Her conclusion to this was that culture is the major socialising and conditioning agent, particularly in the early years. There's no relationship between biological sex and gender role. Although this has been a hugely studied work, there is some criticisms that should be brought up. She was very young when she produced this study, so she was with little life experience and her judgement may have been influenced and slightly ‘over-the-top' in places. She was known to have believed strongly in the idea that the environment is a major factor in shaping gender roles. Mead only spent six months in these places, so didn't get the full yearly cycle. Errington and Gewertz (1989) recognised all of these problems and went to do the same study that Mead had done over 50 years before them. They went to the Tchambuli and recognised that women didn't diominate men, nor did men dominate women. They believed that Mead being a women and experiencing what she may have thought ‘unfair' at the time in 1930's Western culture, may have changed her idea of what she was observing. Despite the flaws, this was still a great study that used cross-cultural research to investigate gender differences. In conclusion, I think that cross-cultural studies into gender differences has certainly provided a lot of evidence over the years to show that gender differences are a socially shaped. Traditions and values certainly shape cultural ideas, but maybe due to the nature of evolution, what might appear to be social to us, may now be biological within our bodies, so it would be harder for us to change our ways that we live.