Beijing Market Entry Strategy

Beijing market entry strategy for Frozen Food This report aims to analyze the entry of frozen Beijing market. Use a SWOT analysis approach analyzes the company's strengths, weaknesses, opportunities and threats. The report has identified a marketing strategy of entry that will help our company to enter the market effectively. Contains: 1 Summary of the company 2 Frozen market in Beijing 3 SWOT analysis 4 Marketing strategy suggested input. Summary of the company Our frozen food company is only imaginary for this work.This is a company that wants to enter the Beijing market and it conducts a study to define the entry strategy. Our company sells all kinds of frozen food from cans to larger products. For now only work in Europe and we are planning to expand in the world soon. Frozen market in Beijing The frozen food market in Beijing is currently booming in China is expected to grow 16. 1 billion in 2012, mainly concentrated in big cities like Beijing and Hong Kong. The annual demand fo r frozen products is growing around a 3-4% in Beijing, provided by Datamonitor 2009Is such an increase, now, ASIAN SEAFOOD exposure has a new section called Frozen Food Asia, there is provided a forum for buyers to be face to face with suppliers of frozen food in several categories, which are the most important: Ready meals, Chilled and frozen meat products, Frozen fish, Seafood, Vegetables, Potato products, Fruit, Pizza, Bakery products, Cheese, Ice cream, Desserts SWOT ANALYSIS As our company wants to expand and take advantage of the boom that is taking frozen food in Beijing, you need to analyze the market.This section analyzes the company in terms of market Beijing adopting the SWOT approach. Strengths | Weaknesses | High Quality Products| Poor Operate systemExistence of large companies in the sectorUnfamiliar brand| Opportunities | Threats | Rise of frozen food in Beijing Growing | Rising raw material prices| Strengths High Quality Products For the development of our products u se high quality raw materials. It is this Which Helps the holding company its competitive advantages. Undoubtedly This value will make the company easy to Developing its new market. Weaknesses Poor Operate systemThe control overhead is one of the weaknesses that impede the growth of the company. Investment in research and advertising are very low in relation to its competitors. Also the management system of the company is also quite poor. Existence of largue companies in the sector There are already large companies in the Beijing market, and this is very opposed to seize important part of the market share. Unfamiliar brand Being a brand new, we have the problem that we are not known, and this makes it difficult for the company at first, because it affects sales. Opportunities Rise of frozen food in Beijing GrowingWe know that the frozen food market is constantly growing in Beijing, this will affect very positively to our company. Threats Rising raw material prices With the price of basic food and feed commodities on the rise, food manufacturers are increasingly facing pressure on their margins. In our company we use basic raw materials in large amounts. If raw material prices continual rise, it would thus lead to increased pressure on the company’s margins. MARKETING PLAN FOR THE FROZEN FOOD COMPANY Expand into the market for frozen food Beijing can succeed, because other companies already have.But for this we must make a general strategy and go step by step with the plans. The strategy refers to the innovation of feedback regarding the traditional values of the company. This calls for new product innovation strategy, distribution channels, sales promotion and development of new markets as well. The entrance to the Chinese market frozen food, in particular, requires that the plan adequately prepared as presented below. The process of globalisation has witnessed the rapid growth of international activities (Frank 1994).Once a firm expands its operations outside the borders of its own nation-state and outside the dominance of its own home culture, the influence of the host countries’ national cultures becomes reality (Fatehi 1996). Conducting business across international boundaries requires interaction with people and their organizations nurtured in different cultural environments (Kale and Barnes, 1992). Therefore the need for knowledge and understanding of the social-cultural difference between host country and home country becomes of paramount importance.For most western people, China is still a mystic country owing to its cultural features being completely different from those of western countries (Ghauri et al, 2001). Indeed, the traditional Chinese culture, in which Confucian philosophy is dominant, is a high context culture, which is opposite to western culture which is low context. It also has its own incredibly complex Chinese condition (guo qing), which always confuses western people (Ghauri et al, 2001). All of t hese make western negotiators feel difficult and confused when they negotiate with Chinese negotiators.Many failed negotiations are caused by the poor understanding of Chinese culture or lacking of awareness of the Chinese business negotiation style (Kirkbride, Tang ; Westwood, 1998). This is why more and more scholars are studying Sino-Western Business Negotiation in order to be more effective in negotiations with Chinese. CHOOSING A STRATEGY FOR ENTRY IN THE MARKET Choosing appropriate entry strategy To compare with its counterparts, our company has missed an early chance to develop the Chinese market. However, it may enjoy the advantages over the follower strategy in terms of initial market costs and questionable effectiveness.Indeed, for pioneer entrants, some factors such as demand uncertainty, entry scale, advertising intensity, entry time of followers, and the scope of the economy are all risk. Now for Our Frozen Food Company, it is more easily to develop effective entry stra tegy into the emerging market in Beijing. Moreover, studies have demonstrated that those innovative late entrants grow faster than pioneers and have higher market potentials and repeat sales rates. Moreover, they can slow the pioneer’s growth and reduce its marketing spending effectiveness.Nonetheless, in doing so as innovative late entrants, apart from the above mentioned general innovation strategy, the company needs to study how to build its distribution channel in short order and to develop it market share. In so doing, an effective way is to set up joint venture through the Frozen Food Company for to find an appropriate counterpart to merge it and use its distribution channel and factories. This strategy has been evidenced by many examples. Conclusion This work has analysed the FROZEN FOOD COMPANY case, to look at its entry strategy to Beijing of frozen food market.Although our company currently runs smoothly, it has to seek for new income point if it is fighting surviva l in the future. The Beijing frozen food market as an emerging market, although it is also competitive, provides a great potential to increase income. The company have its key strengths in developing new market, and it is right time to think about its future. However, the weaknesses accompanied with the company could be risk in developing new market, as well as external environment. In general, our company may make success in entry to Beijing frozen food market if following a proper marketing strategy.

The Life You Save May Be Your Own

Christina Sabillon Dr. Speller ENGL 2325 August 6, 2012 The Life You Save May Be Your Own The protagonist in â€Å"The Life You Save May Be Your Own† is Mr. Shiftlet. This man encounters an older woman and her daughter; both named Lucynell Crater. Their first conversation is very awkward, but the reader can interpret the characters. Mr. Shiftlet is a one armed man who left home at a young age. Lucynell (mother) is an older widowed woman who is independent and protective of her daughter. The younger Lucynell (daughter) is a deaf girl with a mental handicap. She is intrigued by a man working around the house and follows him around all day.He seems to be a respectful man to these ladies, but he is in need of validation that there is some good in this world. Mr. Shiftlet could have used Mrs. Crater’s hospitality and marriage proposal as a chance for him to change his outlook on the world, but he has alternative motives. He develops this strong misanthropic view of the world after he leaves his mother as a child, and he now has the chance to find grace and a new life with Mrs. Lucynell Crater's offer. Mr. Shiftlet appears to be a good man at first glance. He looks to be an honest noble nomad who does not have any money, but does not seem to be the least afflicted by it.He is disenchanted by society and even says â€Å"’ [n]othing is like it used to be, lady’†¦Ã¢â‚¬â„¢the world is almost rotten’† (O’Connor, pg 53). He makes the audience believe that he is a decent man trying to find some good in this world. So, why would a man who is disgusted by the way people act, contribute to his theory instead of trying to make the world a better place? He makes mention that the problem with the world is that no one takes the time to be patient and nobody cares about the issues, but thankfully he is not one of those people and he took the time to teach Miss Crater the word bird. He is a dishonest man.In reality, he is not the man that he is pretending to be. He is a deceitful individual who is taking advantage of their hospitality and kindness in order to milk anything he can out of both Lucynells. Mr. Shiflet was tempted by the Ford vehicle in order to deceive the mother and daughter. There are a couple of signs that Mrs. Crater should have seen in order to discover the foreshadowing of her daughter’s abandonment. He was much more interested and curious by the car that before he introduced himself properly to the ladies he asked a question about the Ford. Whenever he finally does introduce himself he does it like this†¦ â€Å"‘Name Tom T.Shiftlet,’ he murmured, looking at the tires† (O’Connor, pg 53). A real respectful person would have given them direct eye contact and shook their hand. He would not have murmured, but would have said it straight, with a strong voice, and seem interested. The one armed man works hard to gain Mrs. Crater’s trust. She allows him to fix a couple of things around the property in order for him to sleep in the Ford outside. The nights he spent sleeping in the car gave him time to plan how he was going to get a way out of the life that he had been living, and how he was going to get away with the Ford.The work days would pass and she is more and more impressed by the way he is able to work with only one arm, and the attention that he gives to her sweet daughter. Mrs. Lucynell is blinded by all of this because she also had alternative motives for allowing Mr. Shiftlet to stay with them. She wanted to believe that he was a good man worthy enough to marry her daughter. She was more than willing to allow him to work on things around the house in order for her to observe the relationship between her daughter and him. After she agrees to pay for the parts needed to fix the car, Mrs. Crater is certain that they should be married.She is completely unconcerned with the fact that he is most occupied with the car than anything else. Mr. Shiftlet was becoming suspicious of her intentions and found a way to manipulate the entire situation is his head for his selfish benefit. Mr. Shiftlet has earned the older woman’s trust so well that she will offer him whatever in order for him to marry her daughter. He tells her that he cannot accept that offer because Miss Lucynell is undeserving of the poor man that he is. He tells Mrs. Crater that he was not raised to believe that a man could support a family without any money.And that made him seem like an even nobler man to the older woman. She has to convince him that she does not know any better about these nice things that she deserves, and to top it all off she offers to pay for the wedding, honeymoon, and to pay for the truck to be painted. Upon hearing all of this the text reads†¦Ã¢â‚¬Å"In the darkness, Mr. Shiftlet’s smile stretched like a weary snake waking up by a fire† (O’Connor, pg. 61). That is a clear physical ind ication that the evil is coming out of the man. The grin on his face should have been a huge sign to the older woman, but she was extremely overjoyed about the deal she had just made.Mr. Shiftlet had the biggest opportunity to be saved by grace. He had a great chance in front of him to be a hardworking man and a great husband for Lucynell. The reason he had not been married before was because of his argument that he had not found an innocent woman. Who is more innocent than the sweet daughter of Mrs. Crater? She knows about no evil in the world. She can clean, cook, be a good wife for Mr. Shiftlet, and she will inherit the house and the land when her mother passes. He had the perfect situation laid out in front of him so that he could live a better life than he one he knew before.He is given the prospect to believe that the world is not rotten and he could be the start of change that he wants to see on this earth. His moral compass should direct him to be a better person. He should not want to take advantage of a woman and her daughter after the hospitality and kindness they have shown him. But Mr. Shiftlet is too terrible a man that he will not let anyone get in the way of his true intentions and he does not care who he affects in the process. To leave your newlywed bride asleep in a strange town one hundred miles away from the only home she has ever known is heartless for even the worst of misfits to do.There is an indication of remorse of what he has done. The text states â€Å"[h]e is more depressed than ever as he drove on by himself† (O’Connor, pg. 64). But no, he is more depressed because he is alone once again. And because he is selfish and no longer wants to be alone, he picks up a hitch-hiker. The hitch-hiker is a young boy who did not even have his thumb up for a ride, but Mr. Shiftlet picks him up anyways. The young boy is silent in the car and does not make eye contact with the man. He can see through Mr. Shiftlet and knows that he i s a bad man.The boy does not care to hear about the man’s mother and how she was the best mother anyone could ever have. He was so fed up with the man’s conversation that he yells at Mr. Shiflet â€Å"†¦go to the devil! †(O’Connor, pg. 66). Then he jumps out of the moving vehicle into a ditch. The man should have stopped to help the boy or at least been concerned with his safety. But no, Mr. Shiftlet is too evil of a man to be busy with no one but himself. Mr. Shiftlet is such a terrible person, he was too rotten to be saved by the grace of the Craters. He was given an opportunity to â€Å"†¦Ã¢â‚¬â„¢wash the slime from this earth’† (O’Connor, pg 66).The very thing he prays for at the end of this short story. Yet, no, he is unaffected by the damage he has just done, and continues on his nomadic life on to the next city. In the car he had to lie, cheat, and steal to get. It is not that God is not answering Mr. Shiftlet’ s prayers for this world to be a better place, but it is Mr. Shiftlet who has been ignoring God and answering his chances to be saved by Him. Work Cited Document O'Connor, Flannery. â€Å"The Life You Save May Be Your Own. † A Good Man Is Hard to Find. Orlando: n. p. , 1955. 51-66. Print.

A History of World in Six Glasses

How might beer have influenced the transition from hunting and gathering to agricultural-based societies. Beer might have/had influenced the transition from hunting and gathering to agricultural-based societies. One way beer could have done this was that after the discovery of beer, the demand for beer began to increase. With increase demand for beer, farming would increase taking away time to hunt and gather for food. With less hunting and gathering, farmers eventually settled down in small areas around the Fertile Crescent to create beer. What does the story of beer tell you about social and gender roles in ancient SW Asia and Egypt? Beer can tell us a story about the social and gender roles in ancient South West Asia and Egypt. During these times, beer was used as a way of payment. Those who were given more, worked more, or had higher positions. Sumerian temple workforces were given sila of beer a day; or two American pints. Junior officials were given two sila, higher officials and ladies of the court were given three sila, and the highest officials were given five. Woman who worked a few days at a temple were given two silas. This system meant that women were given a change for jobs, and even were sometimes given more silas than men. The social and gender roles in ancient South West Asia and Egypt are therefore seem as fair, since women were given just as much or more sila than men. How important do you think beer was in the growth and diffusion of the earliest civilizations? Would the earliest civilizations of SW Asia and Egypt have been as prosperous without the discovery of beer? I think beer was an important factor in the growth and diffusion of the earliest civilizations. This is because beer led to the development of an agricultural-based society. Without the discovery of beer, who knows how long it would have taken early civilizations in the Paleolithic era realized that farming would be better and faster than hunting and gathering. With increase farming for grains, leftovers grains were made into bread, or cereals, or beer. Leftovers soon became surpluses and surpluses of food led to population increase. With larger populations, villages became communities and societies were created. Earliest civilizations of South West Asia and Egypt would have been as prosperous without the discovery of beer, only their prosperity would take longer than usual. This is because, civilizations would have to wait for their main food supplies to decrease to finally figure out other ways of gaining food. But earliest civilizations would still be prosperous. Wine in Greece an d Rome (Chapters 3 and 4) What does the story of wine tell you about wine tell you about social and gender roles in the Mediterranean world? The story of wine can tell us about the social and gender roles in Mediterranean worlds. Private drinking parties known as symposiums was an all male aristocratic ritual that took place in a special mens room (man cave). Women were not allowed to sit with men in these men rooms, giving us the reader the impression that women could either not drink wine like Greek men or that gender discrimination was intact during these times. But female servers, dancers, and musicians were allowed, but why? Perhaps because men did not see female servers, dancers, and musicians as nothing but merely entertainment and slaves. Explain how the symposia and wine-drinking related to the development of ancient Greece (as compared to the other parts of the world). Symposia and wine-drinking related to the development of ancient Greece. One way was that symposia was a good way for men to come together and plot, drink, boast, and debate. Symposia was a way for men to get together and discuss many issues; where each and every men were equal in voice. Symposium was in theory, a forum in which the participants drank as equals from a shared crater. Wine-drinking on the other hand created the caste system for ancient Greece. Those who could afford top notch wine such as Falernian. The better wine you drank, meant the more money you made to purchase the wine, thus creating your caste in society. What effects does wine have on the development of Christianity and Islam? The banning of wine in Islamic culture would be the basic start for the banning of many other foods. The prophet Muhammads ban on alcohol is said to have started from a fight between two men who were under the influence. When Muhammad sought divine help from the one and only Allah, Allahs reply was to ban alcohol so that such a thing could not happen again. As for wine, it had a different story for the development of Christianity. Wine drinking was a tradition of Greeks and Romans. When barbarians took over Rome and Greece, wine drinking seemed to have halted. But as time went on, barbarians began to take up wine drinking again, sort of assimilating themselves into Greek culture. Barbarians soon became civilized, all thanks to the tradition of wine drinking. Spirits in the Colonial Period (Chapters 5 and 6) How did spirits advance/accelerated colonialism? When the Americas were just beginning to form, spirits accelerated their colonialism. At first, sugarcane production was introduced to the Western Indies or Caribbean Islands by Christopher Columbus. The West Indies land was not suitable to grow wine vines or grains for beer, instead Columbus introduced sugar canes to the Indies, creating a major sugar plantation in the West Indies. With the plantation growing, slaves were being imported from West Africa to help with the production of sugar. With more sugar being produced, more products could be made and thus more exports to England, Spain, France, and Germany. Having a staple crop, successful exports, sprits helped colonized anywhere it touched. In the 18th century, how did spirits change the balance of power amongst the western European nations? When rum was first discovered, Americas learned that to produce rum was cheaper than relying on European exports for Brady. Rum was discovered by using left over sugar production. Everyone could afford rum, from the slaves to the rich. With rum now being established as Americans favorite drink, European exports for Brandy began to decline. New England merchants began to import raw molasses rather than rum and do the distilling themselves. In 1733, a new law known as the Molasses Act was passed in London, prohibiting the amount of imported molasses into North America to sixpence a gallon. But Americans did not obey the law and smuggled molasses instead of buying them from Britain. England began to create more laws to limit the amount of molasses brought, but Americans would not listen and thus finally giving Americas the idea of their freedom. How did spirits help in the building and shaping of early America? During their fight for freedom, Americans began to turn their backs on rum and began to drink whiskey, since it was cheaper to make and easy to produce. Rum played a crucial part of the triangular trade between Britain, Africa, and the North American colonies that once dominated the Atlantic economy. Whiskey though on the other hand helped shaped America through disagreements and fights. Whiskey was an unpretentious drink associated with independence and self-sufficiency. Coffee in the Age of Reason (Chapters 7 and 8) Why did coffee become known to Europeans as the antithesis of alcohol? And how will this change the intellectual development of Europe? Coffee was known to Europeans as the antithesis of alcohol because instead of getting drunk and losing self control, coffee was known to keep on minds open and create new rationalism. This changed the intellectual developement of Europe because scholars, doctors, lawyers, and teachers drank coffee instead of wine. Instead of getting drunk in the daytime or nighttime, people would be up drinking coffee and beginning their day with an open mind instead of a closed mind. Was coffee the first true global beverage? Why or why not? Coffee was truly the first global beverage. Beginning in the Arab world, coffee was originated in the Arabia. From Mocha, coffee spread to Egypt and North Africa, and by the 16th century, it had reached the rest of the Middle East, Persia and Turkey. From the Middle East, coffee drinking spread to Italy, then to the rest of Europe, and coffee plants were transported by the Dutch to the East Indies and to the Americas. How (and why) did coffee play a pivotal role in the Enlightenment and French Revolution? During the period in which coffee became popular, coffee played a pivotal role in the Enlightenment and French Revolution. Coffee was a popular drink which forced coffee houses to spring out of the ground. Coffee houses were like taverns back them. Anyone was allowed inside a coffeehouse, as long as they could afford a cup. Inside coffee houses, meetings would take place for practically anything. Government officials had no say nor clue in what was said inside coffee houses, plans would be plotted, schemes would be set, and eventually wars would break out. Along those meetings inside coffee houses, coffee was the drink of scholars, doctors, lawyers, and solicitations. Enlightenment ideas sprang out because of these people. People would talk about a change in the system while sipping on a cup of coffee. Or talk about their recent discoveries. Coffee was the drink of the wise. Tea and the British Empire (Chapters 9 and 10) Why was tea important to Chinas economy, and how did it affect Chinas relationships with other countries? Tea would not become a domestic drink in society until the 1st century BC and cultivation for mass quantities didn’t occur until the 4th century. During this period, known as the Tang Dynasty, China found itself the wealthiest and most populated nation in the world, in part due to their openness to outside influence. It was also during this time that tea found itself as the drink of choice by the nation. Explain the relationship between tea and the Industrial Revolution and the expansion of the British Empire. The industrial revolution used raw materials and manufactured them into a final product. The manufactured product secured more money in the world market than the raw materials, and thus led to more money for the British Empire. The ability to manufacture these goods gave the empire the control to manage the supply and demand of the good and set the price in the world market far above the cost of the raw materials and labor included in its making. Compare and contrast how the British trade in tea affect America and India. In the United States, the British trade helped create the Industrial Revolution. Textile manufacturing soon came into place. Workers were replaced with machinery that could do a job of ten men in less time. Having workers and machines together under one roof meant that the whole process could be closely supervised. But the tea trade soon took its toll, with new laws coming into place in the United States, many citizens were unhappy. The Boston Tea Party of 1773, serves as a protest to the overpriced tea. Soon enough, the British tea trade would led to the United States breaking away from their motherland. The East India Companys fortunes revived in 1784, when the duty on tea imports to Britain were slashed, which lowered the price of legal tea. In India, the search for the most suitable part of India to grow tea began. Since the new India tea industry would require a lot of manpower, this provided plenty of jobs for Indian workers. Tea cultivation also promised to be hugely profitable. In comparison, both America and India profited from the British tea trade. But unlike India, America was taxed and thus leading to riots and outbreaks over tea. In the end, America was able to break away from their motherland and buy their tea for a reasonable price. As for India, profits were made that benefited the country. Coco-Cola and the Rise of America (Chapters 11 and 12) How does the story of Coca-Cola relate to the rise of capitalism and entrepreneurship in the 19th and early 20th century? How does the story show a larger global economic shift? The story of Coca-Cola relates to the rise of capitalism and entrepreneurship. Capitalism is when an economic and political system in which a countrys trade and industry are controlled by private owners for profit. Entrepreneurship or an entrepreneur is someone who organizes a business venture and assumes the risk for it. In 1886 pharmacist John Stith Pemberton sold about nine Coca-Colas a day. During the 1870s, Pemberton was declared bankrupt and was fired twice which destroyed his stocks. Finally, in 1884, Pemberton started using a new ingredient: coca. After Pembertons death, Asa Candler took over the company. Candler was opposed to the idea of selling coca-cola in a bottle, but in July 1899 granted two businessmen, Benjamin Thomas and Joseph Whitehead the right to bottle and sell coca-cola, resulting to the famous drink that we all love/or hate today. During the Great Depression, the Cold War, and WWI and WWII, rather than shrink at the challenge, Coca-Cola took full advantage of the challenging times it found itself in, gaining a global phenomenon. Soon enough, the United States was producing and shipping coca-cola all over the world to soldiers, to different countries. How did Coca-Cola become the worlds most recognized product? The first marketing efforts in Coca-Cola history were executed through coupons promoting free samples of the beverage. Considered an innovative tactic back in 1887, couponing was followed by newspaper advertising and the distribution of promotional items bearing the Coca-Cola script to participating pharmacies. As the country mobilized into World War Two, Robert Woodruff, president of the Coca-cola company, issued an order that every man in uniform gers a bottle of Coca-Cola for five cents, whereever he ism and whatever it costs the company. (Page251) But shipping bottles of Coca-cola halfway around the world to every whereever troops were stationwas was very inefficient, thus special fountains and bottling plants were placed whereever possible. Soon enough, where ever the troops went, a Coca-Cola bottling plant was created. How does Coca-Cola affect peoples views of the United States? Is the spread of Coca-Cola an example of Americanization around the world? In some parts of the world, Coca-Cola was welcomed, but in other parts of the world drinking Coca-Cola was considered a sin. In Germany and Japan, people stated that Coca-Cola was an example of everything that was wrong with the United States. But even enemies of the United States, such as the Sovient Union, still wanted Coca-Colas to drink. Coca-Cola affect the views of people in good and bad ways. The Tibet Muslims, in protest against Coca-Cola, poured gallons of Coca-Cola on the streets. I believe that the spread of Coca-Cola is an example of Americanization around the world. Coca-Cola bottling plants brought in new machinery into differnt countries, showing these countries new technology. All around the world, Coca-Cola is served with any side dish. Wherever you go, whatever lanuage you speak, if you ask for a Coca-Cola anyone will know what you are talking about. EpilogueBack to the Source Do you agree of disagree with Standages argument in the epilogue? Will water be the most influential beverage in shaping the global situation of the next 100+ years? Why or why not? I agree with Standages arugument that water will be the most influential beverage in shaping the world. This is because, back then water was contaminated and no one knew how to fix that problem. Now though, water is a basic nessesity in everyones diet. Without water, many people are becoming dehydrated and dying of thrist. Water wont make you fat, has no calories, and is safe to drink. Without water, no livestock can be grown and land cannot be cultivated. Theres no food without water. With no livestock, we have no food, and with no food, we cant eat and will eventually die. Water will continue to influence and shape the world within the next 100 or so years.

RIMS and Jobs in Risk Management Research Paper

RIMS and Jobs in Risk Management - Research Paper Example RIMS in the Americas and the Pacific allow various professionals to connect in order to share risk management information at different kinds of conferences (RIMS). The various types of conferences initiated by RIMS are explained in detail below. The basic most level of conferences held by the RIMS umbrella is labeled as the foundational conferences. The contention behind foundational conferences is to allow budding professionals in the risk management and insurance coverage sectors to present their ideas and to take in the ideas of senior professionals. Foundational conferences can be held at the various local chapters’ level. Advanced conferences are designed to allow professionals in their mid careers to interact and to impinge on young and aspiring professionals. Advanced conferences under the RIMS umbrella may be carried out at a chapter’s level or through the collaboration of various chapters. Strategic conferences are designed to meet certain specific challenges that are brought up by various sections of RIMS at both horizontal and vertical levels. Inclusion in strategic conferences depends on the kinds and levels of expertise required to solve the challenge at hand. The subject of strategic conferences may be restricted to specific phenomenon such as the drainage of the Florida wetlands or to more broad areas such as climate change and its impacts on business. The contention behind strategic conferences is to design appropriate responses in time to solve upcoming challenges to the risk management sector. Social events are organized by RIMS in various horizontal and vertical capacities and levels. The contention behind social events is to raise awareness of both risk management and insurance coverage as professionally emerging sectors. In addition, social events are designed to allow greater interaction between various levels of members in the RIMS umbrella to facilitate networking and contact generation. As any sector emerges in the modern economy,

Differences Between Institutionalism and Rational Choice Theory Essay

Differences Between Institutionalism and Rational Choice Theory - Essay Example The American political scientists James March and Mancur Olsen initiated 'The New institutionalism' in 1984 in reaction to behaviorism and the mounting power of rational choice theory which emphasizes on the manner in which institutions represent principles and relationships of authority (Hall and Taylor 1996; Lowndes 1996; Lowndes, 2001). New Institutionalism defines institutions themselves as an essential variable in political outcomes (March and Olsen 1984) and focuses on the comparative independence of political institutions. Institutions do not symbolize society or individual strategies, unlike the rational choice theory. Institutionalism merely offers sense to communications and supplies the background, within which these communications take place. The rational choice theory asserts that institutions are simply bestowed with powers by individuals themselves. The rational choice theory is essential in comprehending by first understanding the personal interactions. The rational choice theory involves a reasonable preference which is not the case in institutionalism. Normative or sociological institutionalism implies the codes of suitable conduct that permeate the individuals in the organizations. Community officials operate on the basis of their opinion of what they envision is the correct code of behavior and they tend to oppose alterations which are deviated from their traditional views of 'appropriate behavior' particularly when this is associated to the implementation of a precise location or organization.Individuals or actors within the organizations are tied by universal morals, which explicates not only their tendency to aggravate amends but also the capability for institutions to replicate themselves. Normative institutionalism consequently structures the institutions with regard to the belief systems of individuals or actors who are deemed as associates of an occupation, organization, position, instead of efficacy augmenting individuals.Its fundamental supposition is that individuals within organizations are conventional, apprehensive of transformations and unyielding in the protection of their wellbeing. In the Institutional approach, the tradition is recognized as the chief self-governing variable (Rose, Collier 1991). Rose (1991) debates powerfully that policy selections are restricted by historical choices. Present administration can not, therefore, disregard precedent assurances. In a parallel debate, Weaver states the 'automatic government' and fears the ability of governments to execute amends.According to the concept of path dependency in historical institutionalism, preliminary judgments are decisive since they bind in potential verdicts.Rational Choice theory endeavors to bind the methodological individualism and institutional design (Ostrom) by emphasizing on procedural individuality, rather than communal.

Legal Technique and Reasoning Moot Case Study Example | Topics and Well Written Essays - 1500 words

Legal Technique and Reasoning Moot - Case Study Example When Barry asked Graham to unlock the door Graham refused and said that he would be released only after Barry finished cleaning the windows. This resulted in confinement of Barry for a considerable period of time2. My Lord false imprisonment is committed when an employee is deliberately and lawlessly held against his or her will not allowing him or her to leave the room. This could be done either by locking the person in a room or closing all the path through which he or she could go out. The most common way of retaining an employee by an employer is, when he refuses to allow the person to leave the room. The employer may do this by locking him or her in a room, or by putting someone at the door to the room to avoid the person from leaving. Nevertheless, movement of the person so imprisoned, must be entirely restricted so that the employer's action qualifies as false imprisonment. Thus in the case on hand Barry was locked on the scaffolding thereby completely restricting his movements. To be completely confined physically, the plaintiff must not be able to move from the place of confinement. A plaintiff, thus cannot be said to be totally confined, if a means of breaking out is available to the restricted person. Nevertheless, such means of escape must be fair and reasonable4. It was, for instance, a fair way of escape in (Wright v Wright) 5 where the escape required a nominal encroachment on the land of a third party. Thus for Barry v. Graham, Barry was physically restricted from moving out of the place.. ---------------------------------------- 4Burton v Davies [1953] St R Qd 26. 5Wright v Wright (1699) 1 Ld Raym 739. False imprisonment requires the captivity of another person or the control of their movement. To set up false imprisonment a plaintiff has to institute at least 3 elements, and perhaps a fourth also as is discussed below: (1) The plaintiff is restrained (that is he is, sort of imprisoned). (2) The defendant restrained the plaintiff and held captive. (3) The plaintiff has the suitable mental state, which is deliberate, almost certainly carelessness and maybe negligence. (4) Even though arguable, but extremely litigious contentious is the fourth element, and that is that the plaintiff must know of the imprisonment. If the supra mentioned elements are fulfilled then it is false imprisonment. Nevertheless sometimes it may so happen that the imprisonment which does not fulfil all these requirements may still be unjust in one of the two following ways: (1) It may be unjust in negligence6 (This case is for unintentional imprisonment). (2) It may be unjust due to an action as in the case (Williams v Hursey and Wright v Wilson)7, both the cases were for partial imprisonment. In case of (De Freville v Dill)8

It has been argued that the system of patent protection in the United Essay

It has been argued that the system of patent protection in the United Kingdom unfairly favours the inventor who is successfully awarded a patent. Discuss - Essay Example ndividual who may try to take their work without permission, they are subjected to fund for their legal action as well as their legal representations. However, this can be a relief when the patent owner wins the case because it is the other party that shall have to pay for the legal action charges1. The existence of the patent prevents other individuals from trying to copy and idea or two from the inventor’s work. However, the law is very supportive to the inventor because when another individual takes the ideas of somebody else, they are prone to be sued for that. Despite that, the legal action is very expensive and takes a lot of time as it requires professional legal advice. Despite the benefits that are posed by an individual seeking to undertake patent rights for their invention (s), it is claimed that the system of patent protection in the UK is not fair to the inventor despite the inventor being granted the patent by the Intellectual Property Office in UK. Based on that, here are some possible reasons why this is true: In the UK, patent application normally costs GBP  £230 -  £280. However, if an individual seeks the services of a professional Intellectual Property (IP) representative, the costs may rise since this individual had to be paid for their services. Once the patent has been granted, then a renewal fee must be paid for the invention every year after its fourth year of existence. Again, these costs are prone to change every year. For example, the renewal fee for the fifth year is  £70; for the sixth year is  £90; for the seventh year is  £110; for the twentieth year is  £600 etc. Moreover, there are other papers filling costs to be encountered. These include:  £30 – application fee for the preliminary examination;  £150 – to perform a search of the invention;  £100 – to perform substantive examinations of the invention. In the event that the patent is to be done online, the costs to be encountered are slightly different. For example: the

The Declaration of Independence and the Major Issue of the US Essay

The Declaration of Independence and the Major Issue of the US - Essay Example The Declaration of Independence no doubt was vital because it united the colonists justified the reasons for liberation, and stated the salutary neglect that was enforced by the King. The scene in 1776 during the meeting of the Continental Congress in Philadelphia was a very crucial one. The colonists have already fought many battles together yet were missing on the aspect of unity(â€Å"Purpose of the Declaration of Independence.†). The Declaration of Independence was vital as it united the colonists since many were reluctant to break away from their birth nation. Many wanted to compromise and mend relations with Great Britain. The Declaration of Independence boosted the unity of the colonists and boldly stated the justification for the separation from a ruthless regime (â€Å"Purpose of the Declaration of Independence.†). The new birth of a nation, independent from the British rule, was faced with a new set of challenges. Undoubtedly, the birth of the new nation has no central government to replace the traditional statutory legislation of the British Parliament. Hence, issues such as commerce, trade, national security became vital issues. The members of the second had to take the obligation in the absence of a national government. The Articles of Confederation was a document that was supposed to define the separation of powers in both the federal and state level. Since the Article of Confederation was adopted in March 1781, the government of the United States continued to enforce its federal powers.

Performance Management Assignment Essay Example | Topics and Well Written Essays - 2500 words

Performance Management Assignment - Essay Example number of studies hve suggested tht, provided the design nd implementtion of PM re pproprite, it hs the potentil to ffect employee ttitudes in wy tht mkes significnt nd positive contribution to compny performnce. Current pper pper provides criticl nlysis of orgniztionl system of performnce mngement bsing on the findings retrieved nd mterils vilble. I first provide theoreticl overview of the term of performnce mngement, then reserch its ppliction to subsidiry compny, finlly comment on chnges of performnce mngement tht re supposedly needed to be implemented into orgniztionl ctivity. The expression "performnce mngement" ppered in the lte 1980s nd cn be regrded s n extension of "performnce pprisl"-- prctice used to evlute n individul employee's pst performnce. Tody, however, performnce pprisl is considered s one of severl key elements of PM, the others being the communiction of compny strtegy through individul objective setting, links to trining nd development plnning, nd possibly compenstion (Brlow, 2001:501). Despite the fct tht much of the reserch hs been performed within the U.S. context, little reserch hs been crried out on PM in interntionl settings nd even less so in MCMC subsidiries operting in diverse cultures. This derth of reserch mens tht we know little bout the effects of PM on job stisfction mong employees in MCMC where the mjority of the work force re of host-country ntionlity, nd where the host-country's culture my differ substntilly from tht of the MCMC's home country. Moreover, our limited knowledge of the impct of PM on job stisfction is indictive of the pucity of reserch concerning the ttitudes of host-country employees nd especilly of nonmngeril employees in MCMC. It is well known tht employees with negtive ttitudes re likely to perform poorly, cuse disruptions in opertions, nd eventully jeoprdize the vibility of the orgniztion. Furthermore, it hs been documented tht job stisfction is relted to turnover. s Mendonc nd Knungo (2004) hve noted, job stisfction nd turnover re incresing chllenges for MCMC operting in developing countries, whose lbor mrket lcks mngeril nd technicl tlent. Vrious spects of PM hve been studied in both the interntionl nd comprtive contexts. For instnce, scholrs hve ddressed such issues s the impct of ntionl culture on mngement by objectives, differences in mngement style nd performnce pprisl in the United Sttes, Indonesi, Thilnd, nd Mlysi (Zhu, Dowling, 1994:2), nd ntionl culture nd its impct on PM/performnce pprisl in Hong Kong, Tiwn, Singpore, Gret Britin, Jpn, Kore, the United Sttes, Mlysi, the Philippines, Indi, nd Chin. The mjority of these studies, especilly the ones with comprtive ttitudinl dt, hve provided evidence tht culturl differences influence elements of PM nd tht the trnsferbility of PM between countries cnnot be ssumed. However, little interntionl nd comprtive reserch hs exmined ctul effects of PM per se on host-country employees. Consequently, while we know tht MCMCs commonly dopt stndrdized PM policies nd prctices t both their home country nd in overses subsidiries, we do not know wht effect such stndrdized PM hs on host-country employees. The effects of PM hve received greter ttention in domestic settings, but even there the reserch is limited. Most studies hve commonly concentrted on