North American Free Trade Agreement Research Paper

North American Free Trade Agreement - Research Paper ExampleThe NAFTA contract helped the three countries increase the amount of trade activity among themselves. Trade between the NAFTA signatories tripled, from $297 billion in 1993 to $1 trillion in 2007 (Amadeo, 2011).One of the industries in the United States that benefited the most from the agreement was the farming industry delinquent to the fact that Mexico used to take in extremely high tariffs on agricultural products. Some of the crops that have increased in demand for exporting in the United States include beef, rice, soybeans and beans. The NAFTA agreement created the biggest free trade commonwealth in the world connecting three economies that generated over $17 trillion annually (Amadeo, 2011). The service industry authorized a major boost in demand since NAFTA was signed. Some of the industries that have benefited from the agreement are health care and financial services. The prices of food have reduced as a consequ ence of the NAFTA agreement. Another benefit that Canada and Mexico certain from the agreement was an increase in foreign steer investment (FDI) from the United States. The volume of foreign direct investment has more than tripled since the inception of the agreement.Despite a lot of the advantages of NAFTA the agreement also had some ostracise aspects. In the United States the manufacturing industry was negatively impacted as job creation in manufacturing became stagnant. The cheaper Mexican labor became an attractive proposition for many American investors. The United States has one of the highest labor costs in the world. Another negative aspect of the agreement was movement of criminals across the borders. The drug trade and the cartels in Mexico gained position due to the facility of movement of people and drug across the borders. Some sectors of the agricultural economy of Mexico have been negatively impacted by the imports of vegetables and fruits from Canada and the Unit ed States. Many agricultural

Financial Resources Management Essay Example | Topics and Well Written Essays - 2000 words

Financial Resources Management - Essay ExampleIt is the relations between the Dollars or Euros that an entrepreneur has borrowed and Dollars or Euros invested in the business. The more the investiture by the owners the more they attract the financing.When the blondness to debt balance of the firm is gamey then debt financing should be taken. If the proportion of the debt to equity ratio of the firm is high then it is advised that the owners should increase their equity investment, that way they cannot jeopardize firms survival.Limited equity financing is utilise by most of the small or growth stage businesses. Whereas in debt financing, capital pour in from different quarters like from friends, relatives, etc. Venture capitalists are the most common source of equity funding. Venture capitalists may be institutional risk takers, financial institutions, wealthy persons, etc. and most of them qualify in industries.Venture capitalists are risk takers and show interest only in thre e to atomic number 23 year old companies that result in more than average profits. These venture capitalists are called as investment gurus whose interest lies in those companies that have major regional and national concerns.Commercial finance companies, financial institutions, banks, nest egg and loans, Lloyds Bank small business, etc. are some of the sources for debt financing. Because of their positive impact on the whole rescue local and state government encourage the growth of the small companies. In debt financing additional funds comes from friends, family, relatives, and industry colleagues, etc when capital investment is smaller.Generally banks formed as a major source for loans for the proof of small businesses. Banks dont offer long term loans to small firms instead they grant short term loans for machinery and equipment, they as well offer demand loans to small firms that reduces the risk of leveraging the funds available. Applying for a loanLoan exercise should b e well written, so that the reader could get a clear picture of what your plans are. The presentation should be of the best quality in the initial loan proposal and application. Only industry specific inside information should be included so that reader can easily understand.Business descriptiona. Organization type.b. cultivation date.c. Location.d. Product or service.e. Firms previous commitments (if any).f. Future plans.g. Competition.h. Customers.i. Suppliers. Management experience Resume of the owner and important employees should be included.Personal Financial Statements Care should be taken that the financial statements are not older than 90 days and financial statements of all principal owners and guarantors should be included. A copy of last years income tax swallow should also be included.Loan Repayment The method of repayment of loan should be included and back up documents of cash flow schedules, budgets and

Human Resource Management take home exam (various topics) Essay

Human Resource trouble take home exam (various topics) - Essay ExampleIn IT industry, the compassionate element plays a major part in the over all(prenominal) succeeder of the industry. There must be effective management of human resources - there must be an effective soulnel function (Ulrich, Lake, 1990). HRM systems can be the source of organizational capabilities that allow firms to learn and capitalize on novel opportunities especially in IT industry which operates in cursorily changing environment. While innovations in high technology often receive the greatest publicity, advances have been make in umteen fields and at many levels of Information Technology.Some theorists argue that HRM is used to make for workers in order to reach strategic goals. It is possible to agree and disagree with this view because very much depends upon the existence employed by the researchers. Speaking about IT industry it is possible to say that HRM can be place as an element or support concept of the industry. In many organizations, including IT sector, human resources is very much part of the productionive process and will be a task function. For example, in the IT industry many members of the workforce are seen as being involved in achieving the objectives of the organization creating a new product or service. In this case, people are part of the finished product for which the customer is paying. Customer pleasure is likely to be affected as much by the courtesy, helpfulness and personal qualities of the staff as by the standard of services provided. This places particular importance on the managerial function which manipulates workforce to achieve organizational tasks (Tyson, 1997). Training, as investment in people, is also a form of manipulation. Training requires the co-operation of managers, adequate finance and resources, time, skilled staff and a supporting appraisal system from top management and throughout all levels of the organization. Most program s of IT development are designed in accordance with the culture and specific requirements of the particular section of IT industry or department, and the demands of particular managerial jobs. There should be a clear development policy together with regular reviews of individual performance and a program of career progression. All the forms mentioned above develop manipulation of HR through HRM systems as the inevitable part of management. The overall purpose of HRM can be seen as manipulation as well as it aims to ensure that the organization is able to achieve success through people. HRM systems can be the source of organizational capabilities that allow firms to learn and capitalize on new opportunities (Campbell, 1997). On the other hand, it is possible to say that training of IT personnel for its own sake achieves little. Training must be real and rewarding. The rationale for strategic HRM within IT industry is also built on the persuasion of manipulation which means that p eople and organizations engage in basically consistent, value-maximizing calculations or adaptations within certain constraints and competitory advantage. The rational model works as follows an employee has goals or objectives and has a payoff, utility, or preference function that permits that person to rank all possible alternative actions by the actions contribution to the desired goals. The IT organization is presented with and understands alternative courses of action. apiece

Strategic Marketing Management 2 Assignment Example | Topics and Well Written Essays - 2250 words

Strategic Marketing concern 2 - Assignment ExampleThe target market comprise of early adopters and technophiles. The marketing mix for Prius shows that it is a great product with superior technology. It has used great promotions and effective distribution channel in pose to promote Prius. The internal resources of the company namely the production system, corporate culture, distribution channels and financial resources atomic number 18 the key factors which have helped Toyota attain market leadership.The report then analyzes the away situation in price of competition and macro environment. There is intense rivalry among the major players namely GM, Ford, Chrysler, Honda, Nissan. Honda was the send-off company to first appearance hybrid cars after Toyota.The macro environmental factors include strict emission norms by the US government, efforts to render the domestic industry and so on. The report concludes with the SWOT analysis of the company and with strategic recommendatio ns.Toyota first entered US in 1957. Today Toyota is the market leader in the global automobile market. The production system of Toyota is authentic worldwide and every company is trying to implement the production system of Toyota. Realizing the need for economical cars, Toyota was the first company in the world to come out with hybrid technology cars. It came out with the Prius in 2000. The helping of hybrid vehicles in US is 2.5% which is the highest in the world.The report tries to analyze the internal and external situation that is bear upon Toyota Prius. It tries to find out the market situation, target market, marketing mix, supplier situation and the internal resources and capabilities of Toyota. It then analyzes the external environment in the context of industry rivalry and the macro environment.The automobile industry in US was the largest in the world till 2009. It was the most attractive destination for all car manufacturers. However due(p) to recession which has aff ected US the most, the sales has declined considerably. The sales of automobile

Good Faith Evidence Rule in reversal of a high profile rape cases in Research Paper

Good Faith prove Rule in reversal of a high profile rape cases in 2010 in maintain of virginia - Research Paper ExampleThere was a young woman, who was dressed in black fig up and had long blond hair she stood on the railroad bridge extending her thumb gesturing for a ride. The unfortunate occurrence was that this was the last moment the father and fille saw Morgan Dana Harrington alive. (Siegel, 2011)It is now one year since the remains of the Virginia fosterage tech student (who was 20 years of age upon her death) was discovered. With no suspects identified, the law have made enquiries to the mankind hoping that there might individuals who may assist with the investigation. The questions still remain unanswered as to how Morgans ashes was discovered in a cow pasture 10 miles from where she was last seen, and whether there is a sneaker still roaming the streets of Charlottesville and Albemarle county.While retracing the steps of Morgan, the Virginia State Police Special Ag ent Dino Cappuzzo disclosed the story of the daughter and father, who allowed the police to determine the time that Morgan was possibly abducted. The father stated that, on his way back from falling his daughter at the dormitory, he stopped at the convenience store on Ivy Road, which was at 9.30 pm based on time on his receipt. On his return to the bridge after 7-11 minutes, Morgan was gone. devil other witnesses confirmed that they had seen a blond woman hitchhiking in the same area. Cappuzzo stated that the witnesses stories had been completely vetted by the police. However, none was considered suspects.The descriptions provided by the witnesses were new information released to public on the 25th of January 2011, which was a day previous to the anniversary of the discovery of the body. It was the first piece of information that was obtained by the police department since last summer, when police confirmed the DNA obtained from the Harrington case is related or linked to a rape c ase that took site in 2005, in Fairfax.The victim in that case survived

The Real World of Management Essay Example | Topics and Well Written Essays - 3000 words - 3

The Real World of Management - Essay Examplethe direction of using specific analytical and evaluative methodological tools which can help to identify, promote and evaluate the quality of learning procedures inside organizations. (Easterby-Smith and Araujo 1999).The approaching out of the idea of the learning organization is covered with that possibly by defining contribution provides a theoretical framework connecting the know-how of living in a circumstance where there is increased change with the concomitant need for learning.Loss of the stable state means that our society and all of its institutions are always encountering transformation. We cannot vista forward to new constant states that will last for our own lifetimes. We must therefore learn to appreciate, direct, circumvent and manage these changes. We not only have to be in a position to be open to change our institutions, in relation to the emerging changing situations in the collaborating organization but must withal be in a position to invent and develop institutions which are capable of bringing near their own continuing transformation. (Schon 1973)Efficiency and healthy competition are, by far and wide a map of knowledge generation and processing information about the market, firms and territories are prearranged in networks of production, management and distribution, the core scotch activities are global that is, they are capable to work as a unit in really time, or given time, on a environmental scale. (Castells 2001)The Learning Company is a vision of what big businessman be possible. It is not arrived at by simply training individuals this only happens as a moment of learning at the whole organization structure. A Learning organization facilitates the training of all its members and infinitely transforming itself. (Pedler et. al. 1991)The international disintegration of production in global value chains, driven by technological progress, cost, get to to resources and markets, and trade policy reforms, challenges the way we look

Discussion Assignment Example | Topics and Well Written Essays - 250 words - 32

Discussion - Assignment ExampleIn the event of establishing customer satisfaction, the employees seemed accurate in delivering their obligations towards the stage business groups (8-6). The mode of efficiency, cross-cultural teamwork, and value-added approaches inscribed through training was serviceable as their practices matched the strategies of the makeup. The group seemed to have the aptitude to gain new orientations, which when applied led to value propositions and customer satisfaction (9-12). The evaluation process and the implementation estimation plans undertaken on a quarterly and annual basis deciphered knowledge that the group was employ to deliver their tasks in exchange of the set goals and objectives.Eventually, the employees deserved the top five rankings due to their unified approaches in performances. They revealed a level of aggression towards the implementation of sound decisions. The group gained the ability to respond to customer ask through researches wi th an aim of acquiring innovative alternatives. Customers revealed their satisfaction in the acquired services through the collected reviews (10-13). Lastly, the appraisal revealed that the top five personnel bore the desired experience and knowledge in their specific careers therefrom they had the ability to react towards any challenges, monitor the customer segments, and implement the acquired skill gained in the training for the organizations