International business in emerging economies Assignment

International business in emerging economies - Assignment Example Increased foreign contribution augments the employability, per capita income and living standards of these economies. The best emerging market for Pasta World Inc.’s foreign business expansion will be China. The context of the research has shown that the restaurant industry of China is highly competitive in nature. In order to lead within the aggressive market, Pasta World must rely on effective product and process differentiation. The researcher has recommended that franchising is the best market entry option for Pasta World Inc. because, it is less expensive and less risky approach of internationalization. The research paper will focus on the business status and trade internationalization process of a North American multinational company, named Pasta World Inc. The organization is a public trading concern and its shares are primarily listed in the New York Stock Exchange. It had commenced its business in 1994 and has considerably expanded the extent of the business internationalization process, since then. The headquarters of the company is located in Denver, Colorado, U.S. but it has several business branches in the western developed economies of Germany, Canada, France and the United Kingdom (Henry, 2008). Pasta World Inc. conducts its trade in the global service providing industry. It owns its personal restaurants in more than 1500 locations of some western developed economies (Svensson, 2005). The company offers Mexican and Spanish food products to its consumers. Pasta, tacos, burritos, salad, chips and gauc are the primary food menu’s offered by the organization. The company claims to offer healthy food at affordable prices. It openly proclaims that the recipes and tastes of its food and beverage products are non imitable in the market. Pasta World Inc. tries to utilize organic food ingredients within its items. The edible products sold by the company contain minimal added

The Use of Force and Wars on Terrorism Essay Example | Topics and Well Written Essays - 1000 words

The Use of Force and Wars on Terrorism - Essay Example The Charter’s Article 51 stipulates (Dinstein 2001, 161): â€Å"Nothing in the present Charter shall impair the inherent right of individual or collective self-defence if an armed attack occurs against a Member of the United Nations, until the Security Council has taken measures necessary to maintain international peace and security.† Hence, a country can respond in self-defence or self-preservation against a terrorist assault, but not unless the Security Council has performed steps needed to uphold security, peace, and order. The immunity for self-defence stated in Article 51 is the single clear omission to the prohibition of Article 2(4). This Article, according to Dinstein (2001), presumes that international law currently necessitates at least the possibility of a forthcoming armed attack before a nation may react forcefully or violently against the political independence or territorial integrity of another nation. Nevertheless, even as the terrorists have perpetrate d an armed assault, the right to wield force against the attackers positioned in a state is anomalous except if the terrorist activities can be attributed to the state (Kittrich 2008). Hence, an important question is when can terrorism be attributed to the state where in it manoeuvres? Since an assault against terrorism breaches the host state’s territorial integrity, the terrorists’ armed assault should be ascribed to that particular state (Kittrich 2008). It would then be legally acceptable to wield force against the terrorists positioned in that state. This paper tries to address this primary question: Do terrorists’ acts constitute a violation of Article 2(4), which justifies wars on terrorism as an act of self-defence under the UN Charter? Use of Force against Terrorism The impact of the UN Charter on a state’s innate right to embark on traditional self-preservation has long been a point of contention. Nevertheless, nowadays, many think that the trad itional international law authority to self-protection is unchanged by the Charter’s Article 51 and that this natural right to self-preservation involves a right to defensive self-protection (Boethe 2003). Others claim that Article 51 in fact removed preventative self-defence as a lawful rationale for the exercise of armed or violent force, and, without an armed attack, a nation should restrict itself to mobilizations to defend against such an assault, even despite of clear assault mobilizations being carried out by another nation (Penna 1991). This Article reinforces the argument of those who claim that states sustain the traditional natural right to defensive self-protection. Threats of international terrorism currently take place in the form of anachronistic groups that embody majority of the features of a state: organisation, preparation, training, disposed forces, resources, and possible possession of weapons of mass destruction. Nevertheless, dissimilar from states, the se terrorist groups are headed by people who are ready to use suicide operations routinely and who show a complete disrespect to the authority of law and human life (Dinstein 2001). Certainly, the success of such assaults relies on a state unaware of how or when these assaults will subsequently take place. Hence, a state may legally respond on the supposition that, due to the constantly displayed unusual characteristic and operational strategies of particular transnational terrorist groups, an assault by such

Fracking Essay Example | Topics and Well Written Essays - 2000 words - 1

Fracking - Essay Example Proponents of fracking, on the other hand, believe that fracking promotes the economy and that the regulations on trafficking are enough to meet the concerns over fracking. This research essay will analyze the positive and negative political, social, economic and environmental effects of fracking. US has unlimited exports of gas especially in Ohio, Colorado and Pennsylvania, which have a number of implications to the economy. The gas producing states have experienced benefits associated with fracking that include lease payments, cheap energy, jobs and royalty checks. The gas industry has showed a revolutionary potential through creation of energy markets globally. There is high rise in demand for the natural gas prices in the international markets following the rising demands on the use of natural gas as an alternative form of energy. Fracking has brought more benefits to the concerned states. In Ohio, the state’s economy has benefited from fracking for many areas in the form of include taxation among other associated benefits. Additionally, fracking has increased the availability of jobs; research shows that Ohio counties jobs are found in fracking major industries and such jobs include pipeline constructions and drilling, which contribute to 15.5% total employment op portunities in the country. Pennsylvania and Colorado‘s economies have benefitted from fracking. Part of their economy is attributed to gas drilling, which earns the states a lot of revenues necessary for the development of other economic sectors. Unemployment sector has also benefited from the creation of jobs opportunities. Additionally, shale gas opportunities have increased and today, the state of Ohio, Pennsylvania and Colorado has registered the millions of money resulting from the gas drilled from the lands that the citizens lease. Many Americans have leased their lands to the gas extracting industries which in turn earns them more money

The Arts and Architecture Essay Example | Topics and Well Written Essays - 2250 words

The Arts and Architecture - Essay Example As Walter H. Godfrey (1991) rightly puts it: "...architecture is the crystallisation of history. All the arts, to a large extent, depend for their growth and encouragement on the broad movements of national life, which have their bases in profound historical conditions or great political events. But the connection between these things and architecture is more intimate, more direct, and infinitely more obvious even to the unskilled observer than in the case of, say, literature or painting." (p. 2). The first forms of architectural designs can be traced back to the early Greeks in the Hellenistic period and architectural festivals that celebrated the rich cultural heritage of the nation is a recent development in Europe and the Western World. The paper here tries to analyse the various events that are held during the London Festival of Architecture and try to unearth the cultural and national significance for the event among the audience. The paper tries to analyze the London Festival of Architecture and to bring out the major theoretical aspects regarding the growth of architecture in London. The London Festival of Architecture is celebrated in each summer and this year it has taken place recently from June 20, 2008 to July 20, 2008. The festival is regarded as one of the best festivals the nation has witnessed as it offers myriads of opportunity for the spectators both for enlightenment and entertainment. Like any other architectural fest, the London Festival of Architecture unearths the best form of artistic perfection of the past generation and all the architectural monuments have a different story of culture or myth associated with it. They are reminiscent of some of the most important cultural and historical heritage and as such they have got a lot to offer to the spectators. The 2008's London Festival of Architecture offers to provide fresh outlooks to the onlookers as its theme is FRESH: "The theme of this ye ar's festival is FRESH and organizers are exhorting visitors to take a fresh look at London, to indulge in fresh thinking, to enjoy the fresh talent on show and the fresh air of the walks and rides." (Williams). The festival is located in the central London, providing easy access to the many visitors who witness the festival. Content: The London Architectural Festival consists of a variety of programs, each of which focuses on one architectural monument or other. The major highlights of the festival include the LFA Clerkenwell & City of London Hub walking tour 1, LFA Clerkenwell & City of London Hub walking tour 2, Barbican flat tours 2, Barbican Screening : Garbage Warrior, Barbican Screening: The Rural Studio, the Brazilian Architecture in the 20th Century, Building the South Bank, Embodied Energy: Dance at Carter Lane, Fresh Views of London, 24 Hour Film Competition: Prize Giving, Green Sky Thinking, Roman Fort gate, and the Digital Architecture Film Showcase. The London Architectural Festival covers architectural monuments like the City Information Centre, National Portrait Gallery, Liverpool street station balcony. Aim: The aim of the paper is to analyze each event in the London Festiv

Start Up Decisions and Adjustments Coursework Example | Topics and Well Written Essays - 1000 words

Start Up Decisions and Adjustments - Coursework Example First, the business purchased the Green Theme Furniture for the business at $4,000 as opposed to the used furniture that whose cost was $2000 and the auto four high capacity espressos for $6000 as opposed to a two-cup espresso machine whose price was $3000. Such decisions came with an added cost as well as an added advantage; for instance, though the four-cup espresso maker was expensive, it was 30% faster than the two-cup espresso, thus guaranteeing fast and effective while serving customers, and therefore, lowering the demand for a large number of servers. In addition, the green theme furniture choice was aimed at attracting a wide variety of customers. Our business is located in a busy street, which includes businesspeople, students, and staff. Therefore, the furniture is supposed to fit their status and act as an attraction to many customers. In staff recruitment, we started with two managers, but later on added one more because the cafe opened on weekends. Six servers were hired and each was paid $7.75 per hour, however, their salaries were increased to $9.00 per hour as an effort of motivating them and avoiding the high turnover rate. The managers were paid $650 a week; however, their wages were increased to $670 to maintain them and reduce the rate of quitting. The prices of coffee were as follows, the small cup at $2.00, medium cup at $3.00 and the large cup went for $4.00. With the above prices, business was favorable and our customers suggested that our prices were great; however, there were long queues due to demand. The management decided to offer coffee in three different sizes as a means of product differentiation, whereby, this service differentiated our cafe from the rest by catering for all kinds of customers. In advertisement and promotion, the business preferred only newspaper for a start in order to minimize on costs. The operations decisions included opening hours, which raged from 9am to 9pm as from Monday to Saturday; however, the managem ent wished it had changed the opening hours from 9am to 8am in order to serve the ‘early birds’. If this decision had been made early enough, the cafe would have made some extra income. Nevertheless, there was no need of an insurance cover at first, as it was expensive; but with time, it will be considered. The business decision to purchase organic coffee was a tough one, as it is expensive compared to normal coffee. However, for the sake of our customer’s health, we had to compromise. Nevertheless, the prices should have changed due to the high price of organic coffee. Therefore, the small coffee cup increased by one dollar as the medium one increase by 50cents while the large cup remained the same. These changes are aimed at increasing revenues, while at the same time considering customers’ affordability; hence, the prices are not too high. Final modification on the business plan The main aim of this cafe business is to attract, satisfy, and retain custo mers, as they are the key to the success of business. The more customers the cafe retains, the more profits it accumulates. Therefore, the business is determined to maintain its position as the cost leader and still offer unique services, as strategies of attracting customers. The customer survey reports rate our customer satisfaction at 57%, which is somehow favorable;

Entrepreneurship and Small Business Development Essay

Entrepreneurship and Small Business Development - Essay Example 'Innovation' has always been a word synonymous with Bill Gates. Even as a child, he would fiddle with software, improving on existing ones and writing his own. Before exploring his history of innovation, however, it would be more prudent to discuss what innovation is first. As already mentioned above, innovation is the one characteristic no entrepreneur would get very far without. Sticking to what works and what is known may allow one to get by and make some money, but the ones who truly make it big are those who are unafraid of challenging conventions and taking risks, and who manage to breathe new life into supposedly exhausted industries. In short, while a conservative approach to entrepreneurship may bring security, it is a more innovative approach that one would be more likely to experience success. That being said, it would be well worth defining exactly what innovation is supposed to be. It is said to be a way of encouraging customer value, which can be done either through meeting new needs or through meeting old, existing needs in new and different ways. From an entrepreneur's perspective, this is most often attained through the introduction of unique products, services, technologies or ideas to the market. What sets innovation apart from mere improvement is that it is more concerned with taking a new, unique and different approach to something, rather than just building on the usual approach. The current environment has evolved such that innovation has become a major, major catalyst for growth, as the greater ease of transportation and communication has made factor endowments and comparative advantage less important in the long run. Instead, argues Schumpeter (1943), companies such as Microsoft need to constantly revolutionize the economic structure, as can be seen from the constant innovation of their products and services. Heyne et al (2010) lend further credence to this statement, describing a pattern among entrepreneurs in which they constantly aim to satisfy customers by continually improving on the quality, durability, service and price of their products, using a combination of technology and organizational strategy

Public Policy Analysis Essay Example | Topics and Well Written Essays - 2500 words - 1

Public Policy Analysis - Essay Example It imposes penalties for violation of security laws at higher rates than were applicable earlier. It also increases resources for the Securities and Exchange Commission. The Act is applicable to all the companies whether American or foreign if they are required to file annual and periodical reports with the SEC. This public policy analysis is to have a better appreciation of regulatory relationship between government and corporation (Zameeruddin, 2003). (Lovik, Merkel, & Bowser, 2006) The enactment of the legislation is timely in order to protect the interests of the investor from corporate fraud and to require corporate executives to enhance corporate ethical standards. These are with a view to make the US securities market robust enough to be a safe place for investors to invest and do business. It is argued that SOX is an essential policy tool to realize these objectives. The Act comes into force to address the market failure as a result of scandals such as Enron and others. The Enron scandal alone justifies the legislation to address the market failure characterized by the following consequences. Bankruptcy: 20,000 employees were rendered jobless and deprived of health insurance. Average severance pay was $ 4,500 and top management executives were paid bonuses exceeding $ 55 million. Employees’ retirement funds of $ 1.2 billion were lost. Retirees did not get their $ 2 billion retirement funds. Company’s top executives en-cashed their stocks wor th $ 116 million. Criminal Charges: There were 15 guilty pleas, 6 convictions, 1 acquittal and 11 cases not decided. Three California based stock traders entered their guilty plea for wire fraud. 4 Meryll Lynch executives confessed to fraud in the Nigerian Barge case. Enron’s stock hit a high of $ 90 in 2000 and fell to $ 1 in 2001. 29,000 employees of auditing firm of Arthur Anderson lost their jobs. And Enron’s shareholders sued the company and their banks for $ 20 billion (Jesso, 2009). SOX