The Impact of Global Economy Shifts In Our World Article

The Impact of Global Economy Shifts In Our World - Article Example Modern technology and improvement in communication coupled with decrease in tariffs and trade barriers have contributed to the global economy. Across the world many countries and regions have formed trade groups aimed at promoting the movements of goods and services across borders, and making each group a stronger body among existing competing markets. These trade groups range from the European Union in Europe, to North American Free Trade Agreement and several different regions and countries becoming attached to at least one agreement. These try to cultivate an economic bloc to deal as one entity with the rest of the world. During the Cold war era the United States and its allies controlled the western market while the Soviet Union dominated the markets of Eastern Europe as well as those countries that were sympathetic to the communist cause. Capitalism was seen by many as the means by which financial and economic stability could be obtained. However, with the fall of the Soviet Union the power of the United States in the global economy began to decrease. At about the same time many countries, in Latin America, for example, began to form themselves into trading blocs that did not project the Unites States of America and other major industrialized countries as their main trading partners. In recent times China and India have been emerging as the countries of global economic influence. The large workforce of both countries and the ever increasing technology exports of India have caused pushed both countries to the forefront. There will be several implications, however, as these countries take on added dimensions. One great impact that this will have is on the developing countries in the world. Based on the trend in recent years developing countries are becoming potentially major gainers from improvements in the economic performance of other developing countries (Winters, Yusuf 2007). The countries in the western world will become less relevant to

Business Communication Writing Assignment Example | Topics and Well Written Essays - 250 words

Business Communication Writing - Assignment Example It is of the essence for one to record whichever thoughts we have on these steps such that by the time you start working on the writing, you would not have forgotten your thoughts on these steps. It might look like cutting out some steps to make one of them actually more efficient and saving time. However, contrary to this belief, the first few steps are the most crucial since they give a writer a clear frame of mind of what you are about to say. Â  Planning messages saves time and improves efficiency, though some writers argue that it is all a waste of time since the plans are inevitably changed. Your answer to this argument is indeed correct since first and foremost planning helps the writer to know what to say in the write-up. Secondly, planning makes the actual writing of any paper much faster and easier since one can better allow the time to take for each step of the writing process. Lastly, through planning, the time saved in writing can be used to complete the documents by revising or proofreading.

Human Resource Management Essay Example | Topics and Well Written Essays - 2000 words - 27

Human Resource Management - Essay Example It provides 8, 000 core products and its own-label sales account for half of total UK sales. In the financial year 2014, it boasted of  £43.6 billion revenue and  £2191m trading profit (Tesco PLC Annual Report 2014, 8). Its main purpose is â€Å"to make what matters better, together† (Tescoplc.com, 2015). This is achieved through commitment to its three main values: no one tries harder for customers, treat people the way they want to be treated and use our scale for good. It is headquartered in Hertfordshire, England under the slogan Every little helps and aims at providing cheaper prices, improved quality, stronger ranges and better services. However, it operates under harsh economic conditions especially as a result of the 2007 economic crisis and also a highly fragmented and competitive environment with its main competitors being Asda, Sainsbury, and Morrisons although small retailers like Aldi, Lidl and Waitrose are giving them tight competition in recent years (Anders on, 2015). Tesco has been undergoing a difficult time with stagnant sales, declining profits and in addition, a  £250m hole in profits leading to decline in its share prices. In the FY 2014, it experienced a revenue growth of 0.0% and sales growth of 0.5%. Its trading in UK declined by 3.6% whilst its employee retention rates dropped by 1% although they are still strong at 90% (Tesco Annual Report, 2014, 16). In light of this, it needs improvements on its training and development, reward strategy and employee relations. Training, learning and development are essential in any organisation wishing to have sustainable competitive advantage. Training provides and /or improves skills necessary for performance of job tasks whereas development is to enhance abilities of employee for greater long-term good of organisation. The purpose of training and development is to promote organisational performance (Uma, 2013, 137). Organisation learning is

Reflective Practice Essay Example | Topics and Well Written Essays - 2500 words

Reflective Practice - Essay Example The critical incident review, modeling excellence and proactive learning are the ways that are being covered in this paper. The process of reflective learning is very considerable for the students as it serves in personal growth, professional growth along with bringing an important change in the lives of the people. Therefore, all sections of the paper cover an in-depth analysis of the situations, where my personal learning acquired from the events and situations are also highlighted and discussed (Morrison, 1996; Feldman, 2005). Critical Incident Analysis The incident that I find significant for me is the learning experience I have acquired from my class PPT. My experience is based on the reflection that I gained from the PPT slides that served me great deal in understanding the phenomenon of learning. The slides helped to reflect on my experiences with using best approaches. ‘Reflection’ is one of my class PPTs that I have found too important for me, as it initiates wi th a suggestion that one needs to have an experience, which later should be observed keenly. Based on the observation, one needs to reflect upon the experience, in which there is a need to make analyses too. I also learnt that while reflecting upon an experience we need to generate new ideas. Before experiencing these slides, I had a limited thinking about the reflection on any incident. Thus, it can be said that the experience was amazing because it served to facilitate understanding of the psychological phenomenon of direct and indirect learning processes (Boud, 1985). Throughout experiencing the class PPT, I acquired a great deal of knowledge and also became aware of some of the universal facts. I learnt that when two people interact with each other, their conversation may bring significant change either on the perception of one of them or it may serve both to extract out a new conclusion. My learning through such informative slides is worth for me because now I have become quite conscious when I m experiencing a learning process. Moreover, I have also analyzed that my previous state of unconsciousness towards psychological phenomenon has transformed noticeably, because the class slides have enhanced my view to feel the transformation and revolution in human being. The significant part of the class PPT was its initial general discussion about the simple concept of learning, which was later followed by the details of the learning processes. On the other hand, I have also analyzed that it is not necessary to teach someone with giving descriptive explanation; however, if few important and concise bullets points are taught, the result could be effective to serve the learning (Brockbank & Mcgill, 2012). The class slides has cleared many fundamental concepts such as, they define the difference between coaching and counseling in a precise way that it cannot be forgotten. My experience with PPT slides is not only effective for me; however, the experience has also s erved me understanding the process of learning when we work in team. Furthermore, I have realized that the effects of learning I acquired from the class PPT are effectual for me in every walk of life. The reason behind keeping the class PPT experience among the significant incidents is the modification in my behavior when it comes to experience a learning process. The changing between my past perception and the new one developed by class PPT is quite vital for my professional life too because the learning is such a process that remains

Per3 Gene and Diurnal Preference Lab Report Example | Topics and Well Written Essays - 1000 words

Per3 Gene and Diurnal Preference - Lab Report Example The forward and reverse primers were chosen for PER3 gene and they were added to the PCR tubes along with crude DNA, polymerase buffer, Taq polymerase and DNTPs.   Forward and reverse primers are chosen based on the sequence of the PER3 gene. The primers must have the unique sequence region of each gene that is not present in any other gene.   The chance for primer – dimer formation is high because of many reasons. The annealing temperature may not be correct or the template may not be proper or the DNA may have contaminants. To prevent the primer – dimer formation, the above points must be taken care off. DNA polymerase buffer helps to increase the dNTPs binding with the DNA template. Taq polymerase enzyme polymerizes double stranded DNA formation. It acts as the catalyst for the amplification reaction.The master mix was prepared according to the instructions. The tubes were then placed in the PCR and the amplification was performed. To check the success of PCR amp lification, the amplified PCR product was run in the agarose gel electrophoresis. 1.2% agarose gel was preared and casted in the casting tray. The electrophoresis box was filled with the electrophoresis running buffer and the DNA products were loaded in the gel with the loading dye. DNA ladder was loaded in the first lane and the samples in the other lanes. The positive control was a readily avalilable one and the negative control was distilled water. The postive control enables us to make sure that the separation of the DNA bands.

International Business And Accounting Essay Example | Topics and Well Written Essays - 2500 words

International Business And Accounting - Essay Example The consumers across the globe have expanded choices in terms of services and commodities available in the market. The international trade volumes have spurred economic growth and development in third world countries and this is reflected in terms of expanded business opportunities, increased employment and improved wages. The diversity in market structures, financial environment, cultural practices, consumer behavior, and industry trends present risks and challenges to international companies. Trading in goods and services in such conditions assume new complexities that can restrict the potential of growth and development (Evenett & Hoekman, 2006). Based on these observations, the paper provides an in-depth assessment of the implications and impacts of free-trade agreements from the differing perspectives of business, consumer, worker and society. The subsequent sections highlight the pros and cons of free trade agreements and how it impacts each section of the society and economic framework. Problem Identification and Analysis International trade and economic cooperation has been driven by government initiatives and international communities that frame their decisions on the inputs from private sector. Regional trade communities and bilateral trade agreements facilitate trade and investment through improved transparency, removal of non-tariff barriers, market liberalization policies, establishment of trading norms and standards, and improved bilateral understanding to support trading in services (ASEAN-China report, 2001). While globalization of economies and market liberalization practices have defined new opportunities for unrestricted trade and commerce between countries, regional trade... This essay stresses that global trade is beneficial for kinds of economies, whether developed or developing. Producers’ benefit from selling their goods in international markets generating higher revenues and consumers benefit from expanded choices of products available in the market. The international trade can help reduce poverty levels and erase income inequalities in developing economies promising improved standards of living. The international trade is regulated through a set of rules that the governments of the countries have created over the years. The poorer countries have restricted access to markets in developed countries due to the imposition of various trade barriers and agricultural subsidies. This paper makes a conclusion that markets have become more volatile as a result of global impacts and this has created the need for changing strategies in business operations and tactful government intervention to insulate the country’s economy from harmful economic effects. Monetary and fiscal policies are highly instrumental in regulating the country’s economy and creating market stability. The key strategic focus of governments while formulating trade agreements should be on eliminating trade disparities and establishment of norms that define quality of products and services delivered to the end consumers. The developed economy must focus on ensuring a fair trade practice that helps in reducing trade barriers and any form of economic exploitation.

Response Assignment Example | Topics and Well Written Essays - 250 words - 17

Response - Assignment Example Photographers capture the relationship of humans and nature. For instance, it is easy to explain and provide compelling evidence such as the effects of climate change through a photograph. Photography presents new and uncharted environments, and for that reason, a photographer needs adequate preparation for any environment. Evidently, photography goes beyond the concept of a business or a profit-making endeavor. It involves a passion of capturing the moment at the right time and identifying the audience. Through a photograph, humans can predict the next course of action (National Geographic 1). Several photographs have changed human perception towards their activities in the world. A perfect example is the picture that captured vulture standing next to a starving child in Ethiopia started a worldwide campaign on famine that ravaged the country in the 1980s. While other forms of capturing a moment, such as videos, may exaggerate an issue, photography presents an honest representation of the experience. Clearly, photography is life changing and makes people care. It is a powerful means of representation that changes human emotions. Through great photography, one can understand other communities and their time, and create an open-minded society. Happiness and tragedy all define human existence, and it is beneficial if photographers capture such events in an honest manner. Undoubtedly, the National Geographic photographers present an important point on the nature of interrelations in the present society. While the society largely believes that humans do not care about others or the environment, the video confirms that they do actually care. Photographs have a connection to human emotions in a powerful manner that can change the perception of humans to the society. They connect people through a universal language that forces one to care about their