The economic development of South Korea, in the context of globalization, also led to the country's vulnerability. Once the economic partners, especially the countries that were the major import partners, experienced economic recession, South Korea, like the rest of the world, was subject to a recession. Many of the Asian countries that were a few years ago were praised for their rapid and sustained economic development were proven to have encouraged unsound practices like an unlimited and uncontrolled overinvestment from the part of business groups that were receiving the protection of corrupt officials. However, South Korea was able to swing the negative effects of an economic downfall of the Asia tigers toward a rapid change in economic policies. "In the six months between mid-September 2001 and mid-March 2002, the stock market has risen by nearly 90%"(oland 2002). The economic policies undertaken under the new government were, as shown before, encouraging…...
mlaNew organizations and the 368 generation will further change South Korean politics mainly toward its number one partner. Domestic non-governmental organizations and international public opinion makers, as well as a more democratic South Korean regime than ever pushed the balance in favor of an altered relationship with the United States. Since the 1990s, the decentralized South Korean government gave way to local organizations and institutions to thrive and take over the control. The change in politics was thus inevitable. People were more and more aware and willing to seek and judge flaws in the actual state of affairs in the relationships the country had with international partners. The United States lost their invincible aura and the politics following the 9/11 attacks were not destined to encourage the South Koreans into continuing their parents' views of the role the United States played in their country's destinies. "In May 2000, officials of the fourteen local governments that house U.S. bases established a "nationwide consultative body" of local governments and latter submitted legislation to the national Assembly that called for increased central government grants and aid to local governments, the establishment of local development committees at central and local levels, and through environmental impact assessments undertaken by the national government around U.S. base areas" (Moon 2004, 46).
The changes in transport and communication technology that made information available to the whole nation with a higher speed than ever in the age of the internet, high speed trains and jet airplanes also influenced a change in the public manifestation of opinion. The power of pro-American propaganda was over. South Koreans are now able to access information like any American. People are judging for themselves and deven though manipulative techniques are still used world wide, the power of influencing the public into accepting one sided politics has disappeared. Although negative depictions of foreign powers tend to dominate, Koreans are also engaged in self-reflection about their own abuses of power and victimization of foreign neighbors. Korea's role in Vietnam is a case in point" (Moon 2004, 50).
Many theories of globalization tend to see its effects world wide as an annihilator in terms of borders and national economies. The idea that economics dictate the foreign relations today is partly arguable. South Korea changed its role in the partnership with the United States during the last fifteen years not only because the economic interest of the country have changed, but also because its vulnerability towards disturbing images of North Korean children dying of hunger and its insecurity in terms of its relationship with China.
External and Internal ecruitment
External recruitment and its strategy at Coca Cola Company
ecruitment refers to an act of enabling employees take after the various roles and responsibilities within an organization. The act of selecting and employing procedures that ends in having employees fill up various responsibilities within an organization is referred to as recruitment. External recruitment refers to a recruitment process that the human resource of an organization moves outside the organization. The officer in charge searches and selects the best employees who are going to fill up the empty positions of responsibilities. Unlike internal recruitment, the mechanisms that are put in place cater for the organization from outside figures. The organization uses its human resource department to search systematically for workers who can be part of the employee fraternity in the organization (Chan, 2006, p. 34-45).
In Coca Cola Company, stakeholders involve external recruitment as it engrosses various approaches and strategies…...
mlaReferences
Bayo-Moriones, A & Ortin-Angel, P. (2006). Internal Promotion vs. External Recruitment
in Industrial Plants in Spain. Industrial and Labor Relations Review, ISSN 0019-
7939, 04/Volume 59, Issue 3, pp. 451 -- 470
Chan, W. (2006). External Recruitment and Intra-firm Mobility. Economic Inquiry, ISSN
Annual reports are strong for the breadth of information discussed, but with respect to depth are better used for internal analysis. They provide an overview of external issues but that overview should be supplemented with other research. Trade magazines and academic journals often have very specific articles that may or may not be of relevance to an external analysis. hen they are relevant, they tend to provide excellent detail. Analyst conference calls, as with annual reports, are best used for internal analysis, but in these calls if management feels that external forces were the key factor in firm performance in the past quarter, the discussion will center on that performance. The Bureau of Economic Analysis is valuable for learning about broad economic trends, but those trends are not put into context of the industry. Newspaper articles may be excellent sources, but they can also be useless. Information literacy is…...
mlaWorks Cited:
Websters Online. (2010). Retrieved May 15, 2010 from http://www.webstersonline.com/searchresults.asp?category1=company&searchvalue=southwest+airlines&state_prov=&search=Search&AddInfo=
FareCompare.com. (2010). Retrieved May 15, 2010 from http://www.farecompare.com/
Bureau of Economic Analysis website: http://www.bea.gov
LaMotta, L. (2009). Southwest soars despite fuel costs. Forbes.com. Retrieved May 15, 2010 from http://www.forbes.com/2009/01/22/southwest-airlines-fuel-markets-equity-cx_lal_0122markets12.html
External Forces
There are a number of forces that will impact the strategy of Hot ings. The legal and regulatory environment governs a number of different aspects of the business, from licensing to human resources policies to food handling and other aspects of the business. There are regulations at the federal, state, municipal and possibly county levels. Food handling and alcohol are the most important elements within the regulatory environment as violations of these regulations can result in shut down, legal action or the closing off of revenue streams. Proper training must be given to all staff with respect to the different food and alcohol regulations in order to keep the business running.
The economic environment is of critical importance because the number of times people eat or drink outside of the home is dictated in large part by their disposable income. In good economic times, people go out more often and…...
mlaWorks Cited:
Chathoth, P.; Tse, E. & Olsen, M. (2005). Turnaround strategy: A study of restaurant firms. International Journal of Hospitality Management. Vol. 25 (4) 602-622.
Food Product Design. (2010). Economy key to casual, fine dining recovery. Food Product Design. Retrieved March 28, 2011 http://www.foodproductdesign.com/news/2010/11/economy-key-to-casual-fine-dining-recovery.aspx
Hamilton, R. (2010). Defending against threats to intellectual property. In Defense of Data. Retrieved March 28, 2011 from http://www.entrepreneur.com/2011/01/-all-through-the-recession.php
Horovitz, B. (2008). Casual dining chains hunger for change. USA Today. Retrieved March 28, 2011 from http://www.usatoday.com/money/industries/food/2008-10-13-casual-dining-restaurants_N.htm
External Influences on Health Care
Healthcare today is changing dramatically. The entire structure of healthcare here in the United States completely changed on January 1, 2014. With the completion of the Patient Protection and Affordable Healthcare Act, the old way of healthcare went through a drastic evolution. This was called for by both the people and the government, as previous methods of distributing healthcare were just becoming infeasible. As such, it is clear that there are a wide number of political, legislative, and economic factors that have influenced this dramatic change and will continue to make evolutions in the health care field.
There are definitely political forces at play in regards to the recent healthcare changes, as the Patient Protection and Affordable Care Act was a highly controversial law that was deeply opposed by the majority of the epublican Party. Members of Congress who opposed the law so much claimed it was…...
mlaReferences
ABC News. (2013). Government shutdown 2013: After defeat, tea party promises attacks on healthcare. Health. Web. http://www.wjla.com/articles/2013/10/government-shutdown-2013-after-defeat-tea-party-promises-attacks-on-health-care-95560.html
Henry J. Kaiser Foundation. (2013). Key facts about the uninsured population. Uninsured. Web. http://kff.org/uninsured/fact-sheet/key-facts-about-the-uninsured-population/
Melnik, Jessica & Marquez, Chrysanne. (2012), The legislative Process: And its relation to health policy. Slideshare Healthcare. Web. http://www.slideshare.net/melnik02/legislation-and-health-care-policy
Obama Care Facts. (2012). Cost of Obama Care. Obama Care Facts: Dispelling the Myths. Web. http://obamacarefacts.com/costof-obamacare.php
The negative aspect of the matter however, is the limited breakthroughs made at the practical level, as most discussions end in declarative aims, yet no timeline for an actual implementation of them. On the one hand, the European Union did not present itself as very willing to offer economic incentives and aid to the ailing Russian Federation, and on the other hand, Russian opposition forces who argue against a westernization of the country encourage a limited enthusiasm towards an increased cooperation partnership. In this way, both parties, although are engaged in a partnership, act in such a manner as to discourage any advancements of talks.
The stalemate that has continuously characterized the Partnership was obvious in many instances. One moment that was of great importance for the European Union and to which the Russian Federation more or less opposed was the 2004 enlargement process. In that context, "Russia has transmitted…...
mlaBibliography
Baranovsky, Vladimir. "Russia: A Part of Europe or Apart from Europe?" International Affairs Vol. 76, No. 3, Europe: Where Does it Begin and End?. (Jul., 2000), pp. 443-458.
BBC. "EU-Russia relations 'at low ebb'." BBC News. 20 April 2007. (accessed 13 December 2007)http://news.bbc.co.uk/2/hi/europe/6574615.stm
Emerson, Michael, and Irina Kobrinskaya. "Russia and the West." Working Paper 2004. European Security Forum. Center for European Policy Studies. International Institute for Strategic Studies.
European Commission. "EU-Russia: Preparations for the Summit on 26 October." European Parliament. Strasbourg, 24 October, 2007. (accessed 13 December 2007)http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/07/653&format=HTML&aged=0&language=EN&guiLanguage=en
political framework of EU and OCT
European Union (EU) and Overseas Countries and Territories (OCTs) are in association with each other via a system which is based on the provisions of part IV of the Treaty on the Functioning of the EU (TFEU), consisting of detailed rules and measures which are laid down in the document issued on 27th November 2001 title Oversees Association Decision. The expiry date of this association decision is 31st December 2013. Stress has been laid down by the European Council in its conclusions issued on 22nd December 2009 that the relationship between OCT and EU should continuously be updated in order to reflect latest developments not only in EU and OCT but thorough out the world. The commission has also been encouraged to make revisions to the Overseas Association Decision and present it in front of the council prior to July 2012 (Hill et al.,…...
mlaReferences
Agnew John, "Geopolitics re-vision world politics," Routledge Taylor & Francies Group, pp 1-5
Alan Taylor, American Colonies: New York: Viking, 2001, pp. 57 -- 8.
Baldwin, David. Ed. Neo-Realism And Neoliberalism: The Contemporary Debate, New York: Columbia University Press, 1993.
Balzacq, T. (Ed.). Understanding securitization theory. The design and evolution of security problems. Oxon: Routledge, 2010.
U.S.A and Turkey Diplomatic elations
Events between the U.S. And Turkey since the End of Cold War
Gary E. Oldenburg has it that the cold war ended with the collapse of the Soviet Union in December 1991. Various things have happened between Turkey and the U.S. since the end of this war bearing in mind that the first contests of the cold war were in Turkey, Greece and Iran.
Ceren Mutus (2011) notes that the eruption of the gulf war after the cold war served to strengthen the relations between Turkey and the U.S. unlike what people anticipated. More so the Clinton administration's support for the Turkish IMF debt guarantees was another event after the cold war between the U.S. And Turkey as registered by Turkish weekly (25th August 2011)
US's support for Turkeys EU membership is also another event between Turkey and the U.S.U.S. has been strongly advocating for Turkish membership in the…...
mlaReferences
Bruce C. & Tony K., (2008). Changing the Conventional Wisdom about Iran. Retrieved August
25, 2011 from http://www.time.com/time/world/article/0,8599,1847342,00.html
Ceren Mutus, (2011). Winning Turkey: How America, Europe, and Turkey Can Revive a Fading
Partnership. Retrieved August 25, 2011 from http://www.turkishweekly.net/book/51/winning-turkey-how-america-europe-and-turkey-can-revive-a-fading-partnership.html
This is a double-edged sword, so the CEO needs to keep that fact in mind. Mistakes will look bad not only personally, but will reflect poorly on the company as well. Therefore, the CEO needs to play the role of the PR flak. People respond to leaders who project a strong image of the firm and therefore the CEO can be an excellent source of good publicity.
The video highlighted the achievements of Lee Iacocca and Norman Schwarzkopf with caveats about the assistance they had. Yet, it was the organizational skills of those leaders that led to the achievements. It is important to remember not who the media assigned credit for the success but how that success was achieved -- this is the way the CEO should approach the issue of organizational skills.
Lastly, we saw Lee Iacocca issue a response to the Japanese competition. It is important to remember the…...
External vs. The Internal View in Neo-Confucian Thought
Since the beginning of time, philosophers have made a living looking at how people conduct themselves and trying to make sense of it. Sometimes the philosopher will devise a theory about how the human world works by looking inside themselves and trying to determine the answer, and other times they will observe what people actually do and make comments based on that. Two Chinese philosophers and teachers, Zhu Xi and Wang Yangming, who were the most prominent Neo-Confucian thinkers, had different ideas with regard to how people developed a moral sense and translated that to the world. They also understood the law very differently. This paper looks at the two philosophers and their perspectives on some key issues so as to determine how they differed, were similar and how they relate to a modern world that often seems to be largely amoral…...
mlaBibliography
De Bary, William Theodore, and Irene Bloom. Sources of Chinese Tradition, 2nd ed., vol. 1 (New York: Columbia University Press, 1999), 849.
De Weerdt, Hilde. "Changing Minds through Examinations: Examination Critics in Late Imperial China." The Journal of the American Oriental Society 126, no. 3 (2006): 367-375.
Gardner, Daniel K. Zhu Xi's Reading of the Analects: Canon, Commentary, and the Classical Tradition. New York: Columbia University Press, 2003.
Guo, Xuezhi. The Ideal Chinese Political Leader: A Historical and Cultural Perspective. Westport, CT: Praeger, 2002.
external environment facing TOYOTA, the global car manufacturer. This paper discusses impacts of the company's internal organizational strategy (structures and management). The work is divided into two tasks. Task 1: Critically evaluates key factors (e.g. environmental, global, competition, technology) impact TOYOTA performance. Task 2: Provides strategic recommendations for senior managers of the TOYOTA.
Examine the external environment of TOYOTA and how this impacts on the internal organizational strategy (structures and management). Critically evaluate the key factors (e.g. environmental, global, competition, technology) that impact on TOYOTA performance. Findings are drawn from use of analysis tools (e.g. PESTLE, Porter's five forces, SWOT).
Strategic Analysis
We begin our analysis of Toyota by looking at the company through three analytical prisms: Porter's Five Forces Analysis, SWOT Analysis, and PESTLE. It is necessary to define what these analytical prisms are, initially, i.e., define terms, before beginning the analysis in earnest.
Porter 5 Forces Analysis
Porter's Five Forces is an…...
mlaREFERENCES
1. Toyota seeks 15% of global car market: Japanese automaker targeting Russia, India, China and Brazil, MSNBC.com, November 13, 2006
2. Global Economic Research: Global Auto Report: Strengthening Car Sales Drive Global Vehicle Output To Record High -- Production increase will support global economic activity, Feb. 25, 2011, Scotiabank Group
3. Toyota Motor Corporation Global Web site, / (Accessed on March 10, 2011)http://www.toyota-global.com
4. European car makers and their suppliers: changes at the interface, RT McIvor, PK Humphreys… - European Business & #8230;, 1998 - emeraldinsight.com
Business - Management
External Environment Analysis
Southwest Airlines is the nation's low fair, high customer satisfaction airline. It mainly serves short haul cities, offering single class air transportation, which aims for the business commuter as well as leisure travelers. The North American Industry Classification System (NAICS) classifies Southwest Airlines as Scheduled Passenger Air Transportation - 481111 (North American Industry Classification System, 2011).
When conducting an external analysis it is important to look at Porter's five forces to determine the competitive strength and therefore magnetism of a market. Porter's five forces comprise five forces from horizontal competition and vertical competition. These forces are: threat of substitute products, the threat of established rivals, and the threat of new entrants, the bargaining power of suppliers and the bargaining power of customers (Porter's Five Forces a Model for Industry Analysis, 2010).
The first threat is that of the threat of new entrants into the market. This is a…...
mlaReferences
Del Vecchio, John. (2000). Analyzing Industries. Retrieved from http://www.fool.com/research/2000/features000309.htm
How Economic Factors Affect the Aviation Industry. (2011). Retreived from http://www.myefficientplanet.com/74865/how-economic-factors-affect-the-aviation-industry/
North American Industry Classification System. (2011). Retreived from http://www.census.gov/eos/www/naics/
PEST Analysis. (2010). Retrieved from http://www.quickmba.com/strategy/pest/
Internal company and the External Environment
Based on your research, what are the key drivers for success in the large office supply store industry? This section should be at least 2 pages in length.
There are key success factors for the large office supply store industry. One of the key success factors is location and significance. It is imperative to note that one of the most pivotal success factors for any business is its location. This is the same case for large office supply stores. It is imperative for such corporations to locate their retail stores in a high-traffic area, for instance a mall or a highly frequented intersection. Furthermore, it is essential to make certain that the business is situated near consumers that the corporation seeks to target. The utmost potential customers for office stationeries comprises of the corporate or business consumers, therefore positioning a store in the area where the…...
Culture, Dreams, And Artwork
Dreams and artwork are two things that seem to provide an invitation for interpretation, and cultural perspective is almost always going to influence that interpretation. At first blush, this statement may seem to fly in the face of Jungian interpretation, since the collective unconscious and the enduring interpretation of symbols might suggest that symbols would not vary across cultures. However, such an interpretation ignores the fact that Jung acknowledges the impact that individual culture has on the interpreter. While symbols may retain a broader overall meaning across cultures, the details of those symbols are certainly influenced by the surrounding culture. Moreover, some symbols may be culturally specific. In fact, this paper will discuss the veil and its relation to Islam, and how the surrounding culture can color interpretations of the veil in art and in dreams.
Because the symbols in dreams and artwork are influenced by culture, it…...
1)
Also reported for Wal-Mart Stores Inc. was the following information:
(1) It is reported that Wal-Mart now ships in the U.S. alone order from 35 of its 4,000 stores in the U.S. compared to the previously reported shipping from 25. Goals have been set at 50 stores by the end of the year. It is reported that traffic to Wal-Mart's U.S. e-commerce site "exceeds 45 monthly visitors and growth and conversion are accelerating." (Davis, 2013, p.1) Davis also reports that Wal-Mart announced yesterday it had acquired two online technology startups and planned to hire 150 more staffers for its Walmart.com operations in Silicon Valley, which already employ 1,500." (Davis, 2013, p.1)
(2) It is reported that in the U.K. The "Asda supermarket chain that Wal-Mart owns is the country's second-largest online grocer, Wal-Mart says. Asda completed the rollout of Wi-Fi to its stores in the first quarter, making it easier for customers…...
mlaReferences
Akkad, S., Chelune, T., and Coppola, C. (2011) Wal-Mart's Strategic BMGT495-7380. University of Maryland; University College. 22 Nov. 2011.
Wal-Mart (2011). Corporate Facts Sheet. Retrieved from http://walmartstores.com/pressroom/factsheets/
Wal-Mart Corporate (2011). About us. Retrieved from https://walmartstores.com/AboutUs/
Walmartstores.com (2008). 2008 Annual Report. Retrieved from http://walmartstores.com/sites/annualreport/2008/docs/wal_mart_annual_report_2008.pdf
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