...The Globalisation essay Student name: Lok Lei The Globalisation essay "Globalisation is Good’’ tells a tale of two countries that were equally poor 50 years ago - Taiwan and Kenya. Today Taiwan is 20 times richer than Kenya. I think the farmers and entrepreneurs that could develop Taiwan because it introduced a market economy and integrated into global trade. And I know the Kenyan farmers and slum dwellers that are still desperately poor, because Kenya shut its door to globalisation. The Kenyans are suffering from regulations, corruption and the lack of property rights. The unequal distribution in the world is a result of the unequal distribution of capitalism - those who have capitalism grow rich, those who don't stay poor. Globalisation can also be seen positively in a country where the economy has doubled in the past fifteen years, Vietnam. Even though the vast majority of Vietnam is still poor, this is changing due to globalization. First of all, globalisation has clearly made the workers’ lives better. At the Nike factory, workers need to be older than 18 to work at foot wear, and at least older than 16 to work at apparel. The average age of a worker there is around 24 to 25 years old. The reason why so many children had to work before was because their parents needed them to in order to help support the family, but since they are now able to make more money, this is no longer a necessity. Nike pays about $54 per month for their workers which is a high salary...
Words: 1142 - Pages: 5
...APPLICATION OF CAGE DISTANCE FRAMEWORK - AN ANALYSIS OF KENYA AND RUSSIA SUBMITTED BY: YULIA BEREZINA SUBMITTED TO PROF. DANIELE CERRATO MATHIAS KOSKE DAVIDE NICHETTI VANESSA ZERRATE 11TH FEB. 2015 1 Foreign investment can be particularly challenging. In order get it right, the use of tools and evaluations is critical. In this document, based on the CAGE framework, we analyze distances between Russia and Kenya, and assess how they impact business establishment and operations in the latter. One of the most important things to take into account is the culture. We noticed that the two countries have very distinct and diverse cultural dimensions. They do not have a common language i.e. Russia has Russian as it official language while Kenya has English and Swahili, or have any shared ethnicity despite Russia having 185 and Kenya 42 ethnic groups. Religious disparities are also evident in these two economies. The Russians are largely unbelievers with the Russian Orthodox being the dominant religion whereas Kenyans are largely Christians. Despite these differences, the Muslim population in both countries is significantly represented but their marginalization makes them insignificant on an investment front. Finally, the social norms and values in both countries are quite similar, with the similar concepts of family, societal upbringing and gender roles. When evaluating both countries at the administrative level we encounter that they do not share a...
Words: 1044 - Pages: 5
...Kenya Vision 2030 REPUBLIC OF KENYA July - August, 2007 This publication is a summary of Kenya’s new long-term national planning strategy, officially known as Kenya Vision 2030. The publication briefly states the main goals of the Economic, Social and Political pillars that underpin the Vision 2030. It also provides a run-down of major, (or flagship) projects to be embarked upon in the Medium Term period of the Vision, i.e from 2008-2012. The final version of Vision 2030 will be completed after this and other consultations. Kenya Vision 2030 THE CONTEXT OF KENYA VISION 2030 Kenya Vision 2030 is the new country’s development blueprint covering the period 2008 to 2030. It aims at making Kenya a newly industrializing, “middle income country providing high quality life for all its citizens by the year 2030”. The Vision has been developed through an all-inclusive stakeholder consultative process, involving Kenyans from all parts of the country. The vision is based on three “pillars” namely; the economic pillar, the social pillar and the political pillar. This vision’s programme plan comes after the successful implementation of the Economic Recovery Strategy for Wealth and Employment Creation (ERS) which has seen the country’s economy back on the path to rapid growth since 2002, when GDP grew at 0.6% rising to 6.1% in 2006. The relationships between the pillars can be seen in Exhibit One below. The economic pillar aims at providing prosperity...
Words: 7145 - Pages: 29
...not regret it. Every year, the region reports a tremendous number of tourists who visit the area especially during the holidays. The warm coastal climate makes it favorable for many whites who have winter in their country. Vacation for them is well spent in such a nice and relaxing climate. As the tourist come, they bring along changes to the city. Many are the changes indeed and they come as positive and negative .We shall first start looking at the positive ones. One of the ways in which a country gains a world-wide name is by tourism. If foreigners go to Mombasa and they like what they find there, they return to their countries with good news of what they have seen. The number of visitors to the city will therefore end up growing since everyone will want to go and see how good the place really is. As the number grows so does the profit grow. Tourist will not only bring a good name to the city but they will also bring growth to the economy of the place as a result of increased profit. After all has been said and done and the visitors have come, gone and later said what good they have seen, awareness is created and appreciation developed for Mombasa . Although tourism itself can disrupt or destroy ecosystems and environments, tourism can also be the very reason for conserving an unspoiled landscape otherwise susceptible to industrial development. This is so because, many of the animal park and the game reserves have been well maintained by the government because...
Words: 2807 - Pages: 12
...INTRODUCTION Kenya vision 2030 aims to create a cohesive, equitable and just society based on democratic principles grounded in the existing, rich and diverse cultures in Kenya. The vision 2030 is based on three pillars namely Economic, Social and Political. The economic pillar seeks to ensure prosperity for all Kenyans through economic development programs in key sectors aimed at achieving an average gross domestic product (GDP) of 10% per annum up to 2030. The social pillar aims at building a just and cohesive society with social equity in a clean and secure environment. The political pillar aims at the realization of a democratic political system founded on issue based politics that respects the rule of law and protects rights and freedoms of every individual in the Kenyan society. Kenya envisages the achievement on vision 2030 through a series of successive five year medium term plans covering the span of the Kenya vision 2030 and the first having been implemented from 2008 up to this year 2012. Before the end of this year another 5 year Medium Term Plans will be produced covering the period 2013-2017 while subsequent Medium Term Pans will cover there are periods 2018-2022, 2023-2027 up to 2030. The MediumTermPlans are designed to fast track the flagship projects identified under vision 2030 various programmers and key policies. The medium term plans calls for increased levels of savings and investments to facilitate the economic growth and development envisaged...
Words: 5053 - Pages: 21
...than in the past, making life hard for African governments to get away with excessive and blatant abuses of democratic leadership governance and transparency. Moreover, the technological revolution presupposes the free movement of goods, information, and people across national boundaries. It has an effect on employment patterns worldwide by the contribution to a great deal of outsourcing which is one of the best organizational and industry structure shifts these changes the way business operates. Further, Globalization is changing organizational structures where expenses can move up or down as the business climate dictates. In terms of positive economic opportunities globalization is the establishment of new economic opportunities for corporations, small businesses, through the access to global markets. Kenya has benefited from globalization by increasing the share of exports especially to the more industrialized African countries, for example; South Africa and Zimbabwe represent small markets for Kenyan goods. Moreover, South Africa plays a great role in Kenya’s economic sustainability due to the opening of trade policy in 1994, which had resulted in the increase of Kenya’s imports from Africa by 80%. In addition, one of the fundamental reasons for the...
Words: 3766 - Pages: 16
...to Globalization and External Factors Affecting Kenya Airways Professor: Student Name: Date of submission: Executive Summary Stiff competition, technological changes and the political and legal environment are the main factors determining the success of a company operating in the airline industry. Kenya Airways is subject to these factors and must find the best solution to help mitigate the adverse effects of these factors. It will help improve efficiency, effectiveness and the competitiveness of the company. Liberalization of many economies accompanied by globalization has turned the face of doing business across the globe. It has led to the essence of competition among organization for prosperity and survival. Technological aspects have also improved communication across the globe leading to integrated systems connecting companies and businesses. The report is an overview of the external environmental factors affecting Kenya Airways that is in the service sector in the Airline industry. The service sector requires up to date technology and is easily affected by the external environmental factors. These factors relate to the political stability, legal environment, social, cultural well-being, and the state of technology. Table of Contents Executive Summary…………………………………………………………….2 1.0 Introduction………………………………………………………………….4 2.0 Task 1 ………………………………………………………………………….5 2.1 Macro Environment analysis for Kenya Airways…………………………………..5 2.1.1 Political and legal...
Words: 4774 - Pages: 20
...Organizational Change management for competitiveness edge in Safaricom Kenya limited Introduction: In today’s uncertain economic climate, many organizations are forced to make changes in order to survive. They are needed to react quickly to the global revolution while at a local and national level have to keep up with new technology and competition if they want to stay ahead of the game. In an ever-changing global economy, Johnson and Scholes (2003) notes that organizations must find ways for operating by developing new competences as the old advantage and competences gained is quickly eroded owing to environmental changes. Because of the fact that changes are a necessity in private as well as public sector, every organization must change with the environment otherwise, it would become irrelevant. Kotter (2007,p 101) observes that changes in the service institutions arise out of the need for efficiency, economy, effectiveness, performance evaluation ethics and market concerns. Rising demand for services and expectations of quality of those services have placed extreme pressure on managers and their organizations, depicting change as a continuous episode in the life of corporations. This implies that an organization that fails to introduce their planned change successfully pays a high price. Failure leads to loss of market position and credibility with stakeholders as well as decreased morale among management and staff resulting in a de-motivated workforce...
Words: 2978 - Pages: 12
...Kenya Vision 2030 A Globally Competitive and Prosperous Kenya October 2007 THE NATIONAL ANTHEM Swahili Ee Mungu nguvu yetu Ilete baraka kwetu Haki iwe ngao na mlinzi Natukae na undugu Amani na uhuru Raha tupate na ustawi Amkeni ndugu zetu Tufanye sote bidii Nasi tujitoe kwa nguvu Nchi yetu ya Kenya Tunayoipenda Tuwe tayari kuilinda Natujenge taifa letu Ee, ndio wajibu wetu Kenya istahili heshima Tuungane mikono Pamoja kazini Kila siku tuwe na shukrani English O God of all creation Bless this our land and nation Justice be our shield and defender May we dwell in unity Peace and liberty Plenty be found within our borders Let one and all arise With hearts both strong and true Service be our earnest endeavour And our homeland of Kenya Heritage of splendour Firm may we stand to defend Let all with one accord In common bond united Build this our nation together And the glory of Kenya The fruit of our labour Fill every heart with thanksgiving FOREWORD The unveiling of Kenya Vision 2030 marks an important milestone in our country’s development as it comes soon after the successful implementation of the “Economic Recovery Strategy for Wealth and Employment Creation” (ERS) over the period 2003 to-date. The Kenya economy has now recovered from the slow growth rate of 0.6 percent in 2002 to a projected growth of over 7 percent in 2007. Indeed, the last five years represent the best phase of sustained economic growth in our country in all sectors of our economy notably; agriculture...
Words: 24420 - Pages: 98
...Peter Kimani Kamau: AF2344 California State University East Bay University MBA: 6215 Business Government and Society Abstract The focus of this final project is the Department of Immigration Services of Kenya (DISK). It is a department under the jurisdiction of Ministry of Interior and Coordination of the National Government; responsible for registering and maintaining of an all-encompassing population register, managing migration of people, control of borders and supervising the welfare of refugees in Kenya. DISK is responsible for facilitating international travel and regulating citizenship, residency, entry and exit in Kenya. This paper describes the history and set up of DISK and highlights corruption and unethical practices that subsists within the department, consequently presenting a threat to social justice and economic development in Kenya. The paper introduces the findings of an examination on systems, policies, procedures and practices that promote corrupt practices at the DISK, conducted by Kenya Anti-Corruption Commission (KACC), an agency mandated by the Government of Kenya (GOK) to ensure that public resources in Kenya are managed through prudent and transparent systems. The paper also draws comparisons between corrupt and unethical practices as viewed by local Kenyans Vis-a Vis the views of corruption in the eyes of Western countries. We have also compared Kenyan corruption index against other countries in Sub-Saharan Africa and developed countries...
Words: 4024 - Pages: 17
...Braeside High School BTEC Extended Diploma in Business (Marketing) Unit 37 Understanding Business Ethics Assessor Mr. Rowland Njagi Date issued: 10/09/2013 Date of Submission: 23/09/2013 Assignment brief 1: Ethical issues Ethical issues that a business should consider in its operations. A case study of Safaricom Ltd. Business ethics are the accepted principles of right or wrong governing the conduct of business people. An ethical strategy is a strategy or course of action that does not violate these accepted principles. Ethics committee of Safaricom Company Ltd An Ethics committee has been constituted comprising of nominated Executive committee members and chaired by the Chief Executive Officer. The primary mandate of the committee is to be the oversight body that drives the ethics and integrity agenda in the company particularly monitoring ethics related programmes and activities to ensure ethics and integrity become part of day to day business. The ethics committee is also the guardian and custodian of the code of conduct which enumerates and enforces acceptable business conduct. Some of the key initiatives spearheaded by the Committee in the last financial year include; • Safaricom signing up to the recently drafted Kenyan Businesses Code of Ethics. The Kenyan Business Community under the directorship of the UN Global Initiative has developed a code of ethics to guide Kenyan businesses on matters relating to ethics. Safaricom took an active role in drafting...
Words: 2075 - Pages: 9
...production facility outside of the United States to produce a variety of consumer products, in Tanzania, Uganda, and Kenya. We plan to: * Pointedly expand into the Tanzanian, Ugandan and Kenyan markets to improve profit margins and increase local market share. * Construct a factory in a high potential region * Expand global reach and decrease costs of production in a new facility in these markets. Introduction: Lewis Globalworks Co. Inc. is a producer of a variety of consumer products. Such products include textiles, computers, and auto parts. The company has successfully operated in the United States for the past ten years. With the business boom that is occurring domestically and the desire to improve overall profit margins, the company is planning to build a production facility somewhere outside the U.S. in an attempt to produce at a lower cost. This plan will lay out our goals and tasks to make this potential transition successful and create a profitable outfit. In this write up five major areas of concern will be addressed. These areas are Economic, Cultural, Political, Technological and Legal. All five areas will have significant impact on a decision to build a facility in one of three areas. Our goal is to provide you with an overview of the current environment related to the five areas of concern, in the countries of Tanzania, Uganda, and Kenya. All three countries are located on the eastern coast of Africa and exhibit similar characteristics, with slight variation...
Words: 2409 - Pages: 10
...FACTORS INFLUENCING E-PROCUREMENT PRACTICES IN PARASTATALS IN KENYA. (A Case Study of the New Kenya Cooperative Creameries.) BY KINYUA ANTONY NJERU BBM/5285/12 A RESEARCH PROPOSAL SUBMITTED TO KARATINA UNIVERSITY, SCHOOL OF BUSINESS IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF A BACHELORS DEGREE IN BUSINESS MANAGEMENT. JULY, 2015 DECLARATION I hereby declare that this research proposal is my original work and has not been presented for a degree in any other university. Sign……………………………… Date……………………………….. Antony Njeru Kinyua BBM/5285/12 This proposal has been submitted to the School of Business for examination with my approval as University supervisor. …………………………………….. Date…………………………………….. Ms Ester Maina. DEDICATION I dedicate this work to my parents, brothers and sister. I also dedicate this work to my fiancée and to all my business partners. ACKNOWLEDGEMENT I hereby take this opportunity to acknowledge with gratitude Karatina University for providing me with the opportunity to pursue my bachelor’s degree in Business Management. My special thanks go to my supervisor Ms. Ester Maina for the invaluable support and insightful guidance in the production of quality work. I acknowledge my colleagues for their encouragement during the time of study. I am highly indebted to my family for their facilitation and encouragement, in ensuring that I carried up with the course and project preparation successfully. Most...
Words: 5174 - Pages: 21
...Conflict Analysis of the 2007 Post-election Violence in Kenya Mara J. Roberts * September, 2009 Abstract Kenya has been riddled with conflict and violence throughout its brief history as a nation. The 2007 post-election violence in Kenya, however, was of a different magnitude. In this paper, I perform an analysis of the conflict to examine why widespread violence erupted in the wake of Kibaki’s presidential reelection. I look at the history of the conflict, examine stakeholders, and employ a variety of conflict analysis tools in an attempt to get to the root of the cause of the conflict. Key Words: Kenya post-election violence, land dispute, tribal conflict, * Director of Conflict Recovery, New Dominion Philanthropy Metrics 1 “I don’t know whether Kibaki won the election” -Sam Kivuitu, Kenya Election Committee Chair, Jan 2, 2008 1. Introduction The carnage was horrific: 1,500 dead, 3,000 innocent women raped, and 300,000 people left internally displaced. Most of these atrocities happened in the first 14 days after the 2007 Kenyan general election. The severity of this conflict unfolded in a span of 59 days between Election Day, December 27th, 2007 to February 28th, 2008, when a political compromise was reached. The magnitude of the trauma and structural violence that took place in Kenya after the fourth multi-party general election took both Kenyans and the international community, alike, by surprise (Maupeu, 2008). In retrospect, the violence...
Words: 4928 - Pages: 20
...THE EFFECTS OF MICROFINANCE INSTITUTIONS ON WOMEN EMPOWERMENT IN KENYA: A SURVEY OF MERU COUNTY A Research Project Submitted to the School of Human Resource Development in Partial Fulfillment for the Award of the Degree of Executive Master Of Business Administration of Jomo Kenyatta University of Agriculture and Technology JULY 2013 CHAPTER ONE Introduction 1.1 Background information Several studies show that access to microfinance contributes to poverty reduction, particularly for women participants, and to overall poverty reduction at the village level. It also contributes to women empowerment, including higher levels of mobility, political participation and decision making. According to the State of the Microcredit Summit Campaign 2001 Report, 14.2 million of the world’s poorest women now have access to financial services through specialized microfinance institutions (MFIs), banks, NGOs, and other nonbank financial institutions. These women account nearly 74 percent of the 19.3 million of the world’s poorest people now being served by microfinance institutions. Most of these women have access to credit to invest in businesses that they own and operate themselves. Microfinance programs have been deemed to have the potential to transform power relations and empower the poor—both men and women. As a consequence, microfinance has become a central component of many donor agencies’ and national...
Words: 10177 - Pages: 41
