...Flash Mob Robberies Americans, despite their religion, race, ethnicity, or gender, never gave much thought to the terms like “flash mob robberies” or “organized looting.” However, these expressions have become acknowledge to the American society due to their criminal nature and the alarming frequency in which they take place. Historically, a flash mob was clearly an assembly of people who unexpectedly appeared at the same location at the same time. Now, flash mobs began to incorporate robberies, but they occurred infrequently across the country. Unfortunately, because of the economic collapse, flash mobs have become very notorious and are increasing in numbers in turning into criminal action in attempt to survive in America. Adolescents take advantage of social media, such as Facebook, and Twitter, to organize large group of other adolescents to assemble at a certain time and place. Once assembled, the large groups of delinquents run into a store steal as much merchandise as they can in a very short period of time. This is so the retail merchant does not have time to react. As a result, the once unfamiliar term is no notoriously known amongst all Americans. All across the country, retailers and other Americans have personally witnessed and reported multiple flash mob incidents. Law enforcement officers have recognized the accuracy of the flash mop epidemic and are taking the criminal manner very seriously. There are two important elements which make flash...
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...The Departed and the Irish Mob While not as talked about as the Italian mafia, the Irish Mob is just as violent and proficient in their ways. Taking place in South Boston, the departed depicts a fictitious, but only just, account of the struggle between the Massachusetts State Police and the Irish Mob. Leonardo Dicaprio’s character Billy Costigan is a new member of the MSP and is chosen to become an undercover officer because of his background. Costigan’s father was from South Boston, and Costigan spent time there as a child. He infiltrates the Irish Mob, headed by Jack Nicholson’s character Frank Costello. Frank is the violent head of the Irish Mob that seems to never really be convicted of his crimes. We later come to find out that is in part because of his status as an FBI informant. Costello has an informant in the MSP by way of Matt Damon’s character Colin Sullivan. Sullivan grew up in Costello’s neighborhood and Costello was almost a father figure to him. With his loyalty to Costello, Sullivan was convinced to join the MSP and feed information to Costello. As the movie progresses, both Sullivan and Costigan find out about each other as “rats”, but not necessarily each other’s identities until towards the end. Sullivan upon finding out who Costigan is, erases his file after the death of Captain Queenan at the hands of the Irish Mob and the dismissal of Sargent Dignam. In the end Barrigan, another one if Costello’s men on the inside, shoots Costigan and Sullivan’s partner...
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...people. Based upon this DVD, I tend to see it from a Marxist perspective because it talks about how the rich people are getting richer at expense of poor people that are getting poorer, “the class struggle”. Personally y agree with the Video, and my position is against globalization, but I can’t be 100% in opposition because there are some points that make it positive; for this reason, I will explain what are the pros and the cons of globalization from my opinion. One positive side of globalization is that it promotes global economic growth, creates jobs, makes companies more competitive and lowers prices for the consumer; thus, countries can balance their inflation. Also, there is a worldwide market for the consumers that can access to products from different countries without live their houses. In addition, with the advance of technology the world is more integrated, and there is more influx of communication between countries. For example, with Skype we can communicate across countries with our family and friends; even more, we can make conference calls with people located in different countries. Also, mass communications and quick dissemination of information through the Internet are benefits of globalization....
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...1 Globalization and Cultural Reassertion in Karnataka “I do not want my house to be walled in on all sides and my windows to be stuffed. I want the cultures of all lands to be blown about my house as freely as possible. But I refuse to be blown off my feet by any.” —Mahatma Gandhi 1. Introduction Globalisation is a generalised term for a complicated series of economic, technological, social, cultural and political changes, seen as the ever- increasing interdependence and integration among people, societies and businesses in different locations. Such international links have existed for many centuries, but, having broadened, intensified, and changed the nature of these links many times; the modern world economy is unlike any previous international economy. Despite being in theory, in existence for centuries, the term ‘globalisation’ was first used in 1944, although its prominent use by economists commenced in the 1980’s. Globalization can be broken down into separate aspects: industrial globalization, financial globalization, political globalization, cultural globalization etc. Globalization is a process of something becoming global. It is facilitated by the media of communications. Through radio and satellite information can reach the whole globe almost instantaneously. Important events, whether social, political or sportive, have global audiences. Another aspect of global communication is the rapidity of movement. People can travel and move goods rapidly anywhere in...
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...Case Study 1 - Documentary Credit M/S Auto India Introduction M/S Auto India is a public limited company; they manufacture SUVs (sports utility Vehicle), in technical collaboration with General Motors of USA. The company has established their manufacturing base at Ranjangaon in Pune. They have acquired an area of 250 acres and the total project cost is estimated at Rs 1500 crores. As per the projections, the company is slated to achieve a 25% market share in the Indian market, within a period of two years. Out of the total project cost, 49% is brought in by General Motors and the rest is tied up with financial institutions, international banks and Indian banks. The working capital is financed by a consortium of banks in which Global bank, Pune branch, is the leader. The company imports many parts of the car engine in a CKD (completely knocked down) condition from General Motors, Detroit, after establishing import letters of credit through its main bankers, Global Bank, Pune Branch. M/S Auto India approached Global Bank, Pune for opening of import letter of credit as per UCP ICC 600 for USD 100,000, on sight basis, in favour of General Motors, Detroit. Type of credit - Irrevocable negotiable Application - UCP ICC 600 Applicant - M/S Auto India, Pune, India Beneficiary - M/S General Motors, Detroit, USA. Issuing Bank - Global Bank, Pune, India Advising Bank - The American Bank, New York Negotiating Bank - The American Bank, New York Reimbursing Bank - International Bank, New York...
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...Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Though several scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the third millennium BCE. In the late 19th century and early 20th century, the connectedness of the world's economies and cultures grew very quickly. The term globalization has been in increasing use since the mid-1980s and especially since the mid-1990s. In 2000, the International Monetary Fund identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge. Further, environmental challenges such as climate change, cross-boundary water, air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment. Overview Humans have interacted over long distances for thousands of years. The overland Silk Road that connected Asia, Africa...
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...In 2008 when the global economy took a turn for the worst Canada managed to come out on top. This is thanks to the export of natural resources and commodities. The Canadian government immediately took charge and start making budget cuts in order to have a full recovery by 2015. (D.R., 2011) Canada has a large threat in its path; its dependence on the outside world. Canada fared much better than was expected while other countries throughout the world declined and fell into a recession. There are nine specific key indicators that are important to consider when talking about Canadian economy. These are employment, unemployment, composite leading index, housing starts, consumer price index, real gross domestic product, retail sales volume, merchandise exports, and merchandise imports. (Statistics Canada, 2011) Employment and Unemployment In November 2011 the unemployment rate was set at 7.4%. The average unemployment rate in Canada from 1976 to 2010 was 8.53. (Trading Economics, 2011)The employment force is the number of people employed plus the number of people looking for employment. (Trading Economics, 2011) Unemployment includes those not looking for work, people in the military, and people institutionalized. (Trading Economics, 2011) Canada was able to add 93,000 jobs in June 2011, in effect dropped the unemployment rate to below the 8% mark. The gains in the labour force will offset nearly all of the losses that were a result of the downturn in 2008. (Contenta...
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...“If there is anything more than evident than my success as a businessman, it is my faithfulness to the word of God.” - Cecilio K. Pedro, TOYM Awardee for Entrepreneurship, 1991 Filipinos Go Global: Cecilio K. Pedro Krish Rainjit R. Salas Faced with a great Goliath in life, this businessman turned to his master for help and wisdom. The story of Cecilio K. Pedro and the Lamoiyan Corporation, makers of Hapee Toothpaste is a triumph of faith over adversity. Cecilio Pedro is President and General Manager of Lamoiyan Corporation which not only produces one of the top three toothpaste brands in the country, already being exported to Europe and Asia, but also manufactures detergents, fabric softener and other household care products that enjoy significant market shares in the Philippines. Mr. Pedro is a recipient of many awards, among them, the Agora Award for Marketing Excellence in 1993, the Dr. Jose P. Rizal Award in 2002, and the Aurelio Periquet, Jr. Business Leadership Award in 2003. A devout Born-again Christian, he is very active in his Church and has been involved in many socio-civic causes. He was President of the Manila Jaycees from 1992 to 1993 and President of the JCI Asia-Pacific Jaycee Senate in 2003. Everything can be an opportunity If there is an entrepreneur who does not have the word "loss" in his vocabulary because he believes that anything and everything can be an opportunity, it is Cecilio Pedro. Further, he has shown how an opportunity can transform...
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...STRATEGIES FOR COMPETING IN INTERNATIONAL MARKETS: A GLOBAL INDUSTRY PERSPECTIVE Why Companies Expand into Foreign Markets Companies opt to expand outside their domestic market for any of four major reasons: * To gain access to new customers, raw materials, capital, skills and expertise – expanding into foreign firms offers the potential for increased revenues, profits, and long term growth even more so when home markets are mature. * To achieve lower costs and enhance the firm’s competitiveness - Sales volume from one country isn’t enough to fully capture manufacturing economies of scale. * To capitalize on its core competencies - A company with a competitively valuable competency or capability might be able to leverage themselves and make this competency work in a foreign market, too. * To spread its business risk across a wider market base - Companies may move abroad to diversify their risk associated with being in a single economy (e.g. foreign exchange risk, political risk). If the economy in one area falls, the firm might be ok in different economic markets. In addition to why companies expand into foreign markets, there are four other situational considerations unique to international operations: * Country to Country Cost Variations – Differences in wage rates, workers productivity, inflations rates, energy costs, tax rates, government regulations, etc crate sizeable variations in manufacturing costs from country to country. Plants in some countries...
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...analysis of risks. Although not being extremely profitable in the first year, they continued to market and drive their business to success, matching risk with profit. Having a diverse workforce to handle global market. Worked together using their background and talents acting as an entrepreneurial team. Thinking about the environment to reduce waste and utilize the internet and technology (e-commerce). Hired smartly and trained to work more efficient and independently. Globalized their market more increase revenue and profit. Aware of each stakeholder. Didn’t borrow any money to start business Demand capital, good idea, planned, information management, budgeted and accounting, marketing, and employee relations with diversity and globalization. Managerial know-how! * Who are the stakeholders of iContact and how are their needs balanced by the company? Stakeholders include: Well trained and diversified employees including Ryan and Aaron, customers (small businesses impacting large businesses), environmentalists, surrounding community of N. Carolina, stockholders if any, web supplier or internet team? Needs are balanced because the two serve stakeholders in side and outside the business, social responsible and seem to have efforts balancing competing values and interests. Involved more than just the owners to increase vision of the company-diversification for customer satisfaction and increased profit. The two know the needs of the organization and to fill the...
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...Globalization – McDonald’s as a corporation has over 33,000 restaurants worldwide, in 119 countries, and serves over 64 million customers a day (About McDonald's. 2010). These figures alone are evidence that globalization is a very important goal for this business. McDonald’s company mission is to improve their social and environmental performance, and work towards a sustainable future (About McDonald's. 2010). McDonald’s global strategy is called “Plan to Win”, in which the company centers on People, Products, Place, Price, and Promotion (About McDonald's. 2010). This strategy has earned them the number one place in global foodservice retailers. As with all companies, globalization can be impacted by both external and internal sources. With McDonald’s now found worldwide, the sheer number of external influences that can affect the management team rises exponentially. With international business, the management team must look at different cultures, different advertising strategies, different economies, and possibly even different product lines to entice customers from many different countries. This can put an extreme amount of pressure on a management team to make sure that all four functions are adapted to the location of the business. With each location in a global environment, the strategy of planning, organizing, leading and controlling, would have to adapt to each site. This means that from the executive level, to the front...
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...Introduction The United States workforce will be influenced in the next 20 years by several forces. The big shift in U.S. population size and composition (diverse, aging); advanced technology; globalization; and environmental and resources pressures. Technological advances and globalization are changing the way the workplace is structured, and creating a greater demand for less traditional and more flexible working arrangements. U.S. organizations to be able to respond effectively to globalization, and technological advances challenges, must have a workforce with greater range of experience, knowledge, and skills. Effective diversity management, skills development, and workplace training is very essential to stay competitive in a global environment. In addition increase labor productivity will be required to keep pace with global competitors. Environmental pressures, especially climate change and natural resources, will be another powerful force impacting the U.S. job market in the next 20 years. There are several factors that will influence the United States workforce in the next 10 years. Aging population, technology advances, and global competition. According to the bureau of labor statistics, the percentage of older workers (age 55 and over) will increase significantly, while those age (25-54) will decline, as well as those age (16-24)? Between the years 2005 and 2010, the population of (65-69) years old will rise by 17% and then explode...
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...In the 1990s, Singapore aspired to be a "global city" serving world markets and major multinational corporations. In 1965 Singapore became independence country. The lion city had become a manufacturing center with one of the highest incomes in the region and a persistent labor shortage Singapore was characterized by an export-oriented economy, relatively equitable income distribution, trade surpluses with the United States and other developed countries. Singapore is a small island had no resources other than its strategic location and the skills of its nearly 2.7 million people. In 1988 it claimed a set of economic superlatives, including the world's busiest port, the world's highest rate of annual economic growth (11 percent), and the world's highest savings rate (42 percent of income). Singapore is found that lived by international trade and operated as a free port with free markets. Its small population and dependence on international markets meant that regional and world markets were larger than domestic markets. In1988 the value of Singapore's international trade was more than three times its gross domestic product ( GDP). The country's year-to-year economic performance fluctuated unpredictably with the cycles of world markets, which were beyond the control or even the influence of Singapore's leaders. In periods of growing international trade.In 1985-1986, Singapore could reap great gains, but even relatively minor downturns in world trade could produce deep recession...
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...Nike Corporation is one of the largest marketers of athletic apparel and sportswear equipment in the world and was founded in Beaverton, Oregon, in 1964 by Phil Knight and Bill Bowerman. According to Nike.com (2009) it had record earnings of 19.2 billion dollars and continues to grow at a steady pace. Nike sold its products in a 140 countries and successfully discovered that manufacturing its products was not the only method to successfully produce the results it was looking for but instead marketing and designing its products and contracting the manufacturing out to global factories 600 throughout the country. With the company’s success come painful lessons learned along the way. This paper will describe the legal, cultural, and ethical challenges that Nike Corporation faced as a result of its global business ventures. In addition, it will touch on the roles the host governments played in manufacturing Nike’s products and will summarize the strategic and operational challenges that Nike Managers face in dealing with the interworking of global business. Nike as well as other global companies in the industry has the option to manufacture their products domestically or internationally in either situation there are challenges. If a company chose to the domestic approach it could potentially be more expensive, however, the organization and its manufacturing facility contractors would have to adhere to U.S. labor and safety laws in the areas of wages, code of conduct, working...
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...has formulated a specific expansion strategy in the past based on its particular market situation. Both Daewoo and Hyundai now look to international global expansion for future success. Expansion & Supply Chain The direct competition with each other in the Korean car market had an enormous influence on each firm’s past globalization strategies. The Korean automobile industry has been dominated by Hyundai since the 1970’s. By 1993, Hyundai had established a 50% market share in the Korean market, whereas Daewoo only held 20% (Bowon, 2005, p. 148). In 1993, Hyundai also enjoyed 58% of the market share of automobile exports by Korean companies, whereas Daewoo’s exporting efforts had failed (Bowon, 2005, p. 148). Moving forward from 1993, Daewoo and Hyundai took into account their competitive position against each other when deciding how to conduct their global expansion strategy. “Daewoo focused on expeditiously achieving economies of scale by targeting the East European markets for its overseas capacity expansion, in a way to overcome its manufacturing cost disadvantage in the domestic market vis-à-vis Hyundai's. . . Hyundai's globalization strategy, exporting supported by technological advancement, was driven by an implicit assumption of its competitive advantage vis-à-vis Daewoo's” (Kim, Bowon. Supply Chain...
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