Evaluating The Business Strategies Companies Coursework - 1650 Words

Evaluating The Business Strategies Companies Can Undertake To Achieve Globalization (Coursework Sample) Content: NameInstitutionInstructorTitle GLOBAL BUSINESS STRATEGYIntroduction In every company, various business strategies constitute a vast means and ways by which they are supposed to achieve the global outlook. These collective strategies that the companies use to gain the global layout are called the global business strategy. The companies frame the policies in a way that the short and long term goals directly link to the same strategies in towards the global face. (Cuervo-Cazurra, 2011). Additionally, the short-term strategies of the companies are often wired towards the smooth running of the daily business activities of the company, while the short term goals propel the company towards the increment of the profits in the long run. The global business strategies, on the other hand, are those that ensure that the firms products gain the standardization and the adaptation that they need to fit in the national and the international markets. Ultimately the company achieves gl obalization. (Cuervo-Cazurra, 2011). In this article, I will emphasize on the globalization phenomenon, on the global strategies of the furniture industry. Globalization and CompaniesGlobalization is a phenomenon that touches not on the international intermigration towards the social aspects of life, but also the economic bit of it. It entails a lot of factors that touches on the technology, economy, industry, communication and other aspects. For this reason, it can be seen as either a deliberate move or just an accidental occurrence to the world. Whether it is accidental or intentional, it has various positive impacts to the firms and the global economy. To the companies, it can prove to be a good move owing to the aft that it has the following benefits to the respective firms. Firstly, the globalization has led to the creation of links that has brought together the friends with benefits to the businesses. In this case, the friends with benefits can just be the trading partners tha t may help in the achievement of the diversification of the markets to the companys products. In the long run, such partnerships are as good as having the branches of the same company in the various parts of the world. For businesses, the markets are the best in the long run since the profitability is not a problem to the diversified markets (Cuervo-Cazurra, 2011).Moreover, with globalization, there is more market efficiency in almost all the markets in the world. In this case, the supply and demand are always in the balance. This balance is very healthy for the growth of the businesses. Furthermore, the economic development of the markets due to the efficient markets is important in making the companys blossom in the industry, not only in the national front but also in the international arena. Needless to say, the integration of such efficient markets is one of the contributors to the excellent business environment. (Cervo-Cazurra, 2011). As a deliberate move, the globalization h as always provided the new and relevant solutions to the challenges in the companies. It is one of the steps that have brought about the transfer of knowledge and the new ideas that improve the way people do things the smart way. The new insights that the companies can source from one part of the world to put into practice for the smooth running of the business activities are crucial to the companies as well. Nonetheless, there is partial equality in the wealth distribution in the market due to the globalization is something that is a plus to the companies. It means that the markets for the firms products have the wider view since the buyers will be situated all over the place, with equal purchasing powers. With this heightened purchasing power of the market constituents, there are promising growths of the companies at large (Cuervo-Cazurra, 2011).Geographic Target Location for Furniture Industry Expansion Several factors determine the furniture that the consumers use in a given reg ion and at a given era. The luxury they provide, the portability, the elite quality and the design of the furniture say it all when choosing the kind of furniture one needs for the end use, at home, offices are other places that require the furniture. The material is a major determinant of the way someone will perceive the furniture and eventually buy it for the use. In the current world, the above factors are not to ignore for the current companies that deal in various furniture products. In the future, the designers will focus in the quest to meet the demands of the rising global furniture industry. With globalization, the markets for the furniture are soon becoming unified, with, more and more sales destinations coming up each and every day. The market segmentation for the furniture industry is more diverse, in that there is sometimes the biases towards the various properties of the furniture as discussed above ("World Luxury Furniture Market - Opportunities and Forecasts, 2014 - 2020," 2016). Geographically, there are very many areas that are in the process of developing more liking to the different forms of furniture, and will, therefore, be the primary target for the sellers. With the ever increasing hospitality sector in the Middle East, there are strong pieces of evidence to believe that the best geographic target location for the furniture industry will be the focus in delivering to the needs of this region. Statistically, the furniture industry in the United Arab Emirates is the highest growing in the world. For this reason, there are no doubts that the Middle East countries like the United Arab Emirates and Dubai are the best geographical targets for the global furniture industry. There have been many international companies that have set up their retail outlets in these countries which have replaced the traditional stores that existed in the past. It has transformed the market for the various forms of furniture in the Middle East countries. The fa ct that there are more offices, hospitals, hotels and other places that need furniture continue to mushroom in the middle east, and there will always be ready markets for the incoming companies in the furniture industry. Many people in the current world like to go to these countries to do their shopping. The trend is that they buy everything that is ready made. So, the furniture industry expansion to the Middle East is not going to be a bad idea shortly ("World Luxury Furniture Market - Opportunities and Forecasts, 2014 - 2020", 2016). Favorably enough, there are a lot of leather trade in the area, due to there are several camel hides in the region. It is more advantageous to the furniture industry since most of the modern chairs that the offices and other places need comprise of leather. With regards to the global furniture industry expansion, the venture into this region may prove to be a more rewarding act than one can imagine. At the same time, these countries in the Middle East have attracted good interior designers and other carpentry related human resources, which can offer the best solution to the design problems in the furniture industry. In this case, this can be more helpful to the prospective companies that are top set up their outlets or the manufacturing plants in the region, since there will be the spontaneous labor for their operations. Besides, there is a skyrocketing market for the furniture in the nearby places like Indian and China markets. These two cities can also act swiftly to complement the markets in the Middle East area. The economic growth in China has allowed it to propel the markets of various products to have a global view...

Essay about Sexual Orientation - 1077 Words

Sexual Orientation Sexual orientation is considered highly controversial in our world today. There are many issues that society is faced with concerning homosexuality. When thinking of homosexuality most people refer to the Bible for an answer. There is even more controversy within the Bible’s text. Not only is there reference to the Bible, but also to our mind to answer whether or not homosexuality is a moral issue. Psychological and Biological research is searching for an answer to this illustrious area of confusion. According to Shakuntala Delvi, â€Å"a homosexual experience is any physical arousal a person feels in response to someone of his or her own sex. This can range from just thinking about someone and being aroused to†¦show more content†¦This could be because of how of they were raised and the community they grew up in. The Bible is where a lot of people shape their morals. Homosexuality is condemned in the Old and New Testaments of the Bible. But nowhere in the Bible is h omosexuality singled out as being particularly offensive (Delvi 45). When referring to the Bible about homosexual activity, the story of Sodom and Gomorrah is most referred to. However, none of the references to Sodom and Gomorrah mention homosexuality. â€Å"Luke 10:10, identifies its sin as inhospitality†(Delvi 44).â€Å"The misinterpretation of the Sodom and Gomorrah episode in the Bible is probably one of the supremely ironic paradoxes of history†(Delvi 43). How can someone explain the sexual reference to Sodom and Gomorrah? It is said that the reason is the use of male prostitutes as an attack against Pagan fertility worships (Delvi 42). There are many different interpretations of the Bible. I believe that God originally wrote the Bible, but his supposed disciples wrote it as the way they saw it. This is the way the Lutheran religion looks at the Bible. Another point is that the Bible has been written and translated so many times; how do we know that it has stay ed the way the Lord intended it to be? Of course, since the Bible is the word of God we are not supposed to question it, but it brings on many questions as to whether or not it is the truth. When the New Testament first came about, it wasShow MoreRelatedSexual Orientation, Sexual, And Transgender Orientation957 Words   |  4 Pagesobjects. First, Sexual orientation, sexual identity and gender identity are not the same things. (Carrington, 2015) Sexual Orientation refers to the choice that you like man, woman or both. When we talk about sexual identity, it refers to the biological sex of a person. It is how you see yourself physically. Gender identity is another way referring to the sex role and appearance socially. Secondly, People who have issue with one of these three things may become part of the sexual and gender minorityRead Moresexual orientation1753 Words   |  8 PagesThis essay will look into sexual orientation. This essay will identify and define sexual orientation fo cusing on homosexuality. It will further provide an overview of homosexuality and a summary. I will discuss my initial opinions, attitudes, biases and assumptions about sexual orientation and demonstrate how my awareness of this element of diversity increased throughout the module. I will further address how this awareness will impact my ability to counsel more competently, followed by a conclusionRead MoreSexual Orientation3686 Words   |  15 Pagescategories of sexual orientation, alongside bisexual and heterosexual. The longstanding consensus of the behavioral and social sciences and the health and mental health professions is that homosexuality is an example of normal and positive variation in human sexual orientation. Currently the most common adjectives in use are lesbian for women and gay for men, though gay can refer to either men or women. The American Psychology Association defines sexual orientation in the following way: â€Å"Sexual orientationRead MoreGender Orientat ion And Sexual Orientation1613 Words   |  7 Pagesand lesbians do not choose their sexual orientation, but rather are born with it? There has been extensive research proving that sexual orientation is caused by many biological factors, whereas there is no solid proof that social factors after birth affect sexual orientation (Swaab, 2007, p. 442). Sexual orientation is already programmed into the brain, with the influence of sex hormones and genes, before a child is even born. The development of sexual orientation is caused by sex hormones, genesRead MoreSexual Orientation1220 Words   |  5 PagesOver the years sexual orientation has been an issue in our society. Many people are against homosexuality and bisexuality. Sexual orientation is generally one of three main categories, heterosexual, homosexual, or bisexual. Heterosexual is someone who is attracted to members of the opposite sex. A homosexual is someone that is attracted to members of the same sex. And, a bisexual person is one that is attracted to members of both sexes. There are other categories of sexual orientation. Some peopleRead MoreSexual Orientation And Gender Orientation Essay903 Words   |  4 Pagese Henry Paper 4 Sexual orientation The theme that we have been focusing on in class for the past two weeks is sexual orientation. Sexual orientation is more complex than just the gender a person is attracted to. Instead sexual orientation is on more of a spectrum. On one end of the spectrum a person can be solely heterosexual and on the opposite side a person can be completely homosexual. This also means that a person can be bisexual if they identify more in the middle of the spectrum. TheRead MoreThe Sexual Orientation Of Parents993 Words   |  4 Pages The sexual orientation of parents, once having a child, does not negatively affect the development of their children. In order to first be a parent, one must obtain a child. However, in Florida, gay foster parents were not allowed to adopt the children they fostered due to the Gay Adoption Ban (Goldberg). Homosexuals were not legally able to adopt a child at all until the forty year old ban was lifted July, 2015 by Governor Rick Scott (Associated Press). â€Å"Prior to the lifting of the gay adoptionRead MoreThe Psychology Of Sexual Orientations934 Words   |  4 PagesThe Psychology of Sexual Orientations Throughout the history of humans, people have been having sex. It’s obviously necessary for the continuation of humans as a species. But it definitely hasn’t been for just reproductive purposes. People have been engaging in same-gender sex for probably as long as humans have been around. However, the terms we think of today when we think of different sexual orientations didn’t get coined until the 19th and 20th centuries. And with these terms came huge stigmaRead MoreThe Biological Of Sexual Orientation2473 Words   |  10 PagesBiological Correlates of Sexual Orientation Prof. Brett Beston PSY354 University of Toronto at Mississauga Adla Begeta 998184539 Date submitted: Sunday, August 10, 2014 The topic of sexual orientation is both sensitive and controversial. This is evident in events, such as the Pride Parade, and also in media, where authoritative figures preach against it and speak of its â€Å"sinful nature† (Emmanuele, Blanchard, Camperio-Ciani, Bancroft, 2010). Sexual orientation exists in variousRead MoreSexual Orientation Is The Dominant, Or Normal, Sexual, And Gender Orientation Essay2260 Words   |  10 PagesIntroduction Sexual orientationism is best described as discrimination or prejudice against homosexuals on the assumption that heterosexuality is the dominant, or normal, sexual orientation. Within society there are many barriers, assumptions, and stigmas placed upon the queer community, numerous of which steam from this heterosexist stance that has become the dominant ideology. This stance has historical significance in trauma, and oppression of those within the sexual minority, and how this can

The Addiction Of Cigarettes And Teen Smoking - 894 Words

My presenting problem is my addiction to cigarettes. I was 13 years old the first time I smoked a cigarette. My addiction began due to peer pressure. Smoking was my way of building social relationships. However, soon I was smoking more or an equal amount of cigarettes than my friends. Since the age of 19, I have been smoking twenty cigarettes a day, which is a pack of cigarettes daily. My addiction to cigarettes is a problem because it is affecting my health. I become fatigued due to smoking. When I do not smoke, I become stressed. Smoking also damages my cardio-respiratory system. In addition, smoking is affecting me economically. I spend between eight to ten dollars a day on cigarettes. Also, my smoking habit is affecting me socially. Before smoking was my way of connecting with friends, now I hardly find someone who smokes and is comfortable with me smoking nearby. Finally, it interrupts some of my activities like studying. When I am in the middle of an activity, like doing homewo rk, I have to interrupt the activity because I am craving a cigarette. Recently, I have attempted to balance my unhealthy behavior with healthy behaviors. I attempt to exercise and eat healthier. But, I am not exercising as much as I wish. Thus, my desired outcome for my desired change behavior is to decrease my daily cigarette consumption and/or increase my exercise frequency. During nine sessions, I worked to treat my presenting problem as a client of Cognitive Behavioral Therapy (CBT). ToShow MoreRelatedTeenage Addiction to Smoking1498 Words   |  6 Pagessociety has battled the causes of addiction. Addiction has desecrated the nation’s health and has defiled the health of future generations. The hostile impact on young generations, addiction to smoking cigarettes is staggering. Smoking has taken an enormous toll on the minds and health of young teens around the world. Teenage smoking is an epidemic that has derives from several causes. Smoking in young teens has become more common this day in age. Smoking in young teens is most commonly brought aboutRead MoreThe Dangers Of Smoking Tobacco1497 Words   |  6 PagesTobacco; one of the most profitable products in history, an addictive substance, and a deadly killer. Smoking tobacco used to be a thing that was endorsed in American society. Now, with the new medical advances and knowledge, society has seen the side effects of smoking and how fatal it actually is. Teenagers have been one of the largest age groups that have been affected by smoking. After analyzing all possible reasons as to why teenagers would smoke while knowing it can affect their health, threeRead MoreCauses of Smoking Habit Among Teenagers1621 Words   |  7 PagesCauses of Smoking habit among Teenagers Regina Jane A. Ancheta Math11FA1 Prof. Dangla Hypothesis: Chapter 1: Introduction Each year a great amount of money are being wasted in smoking. Although it is quite obvious that smoking habit is dangerous and injurious to health but still a larger number of people especially teenagers attracting and getting involved in smoking habit day by day. Some reasons of this addiction are obvious such as influence of friends or community member as teenageRead MoreTobacco Should Be Illegal1472 Words   |  6 Pagesones can lead to addictions. When it comes to tobacco addiction, it is a habit that leads to different diseases and causes death. Tobacco should be illegal. The American Lung Association states â€Å"There are approximately 600 ingredients in cigarettes† (Whats in a Cigarette? American Lung Association). Also when burned, cigarette smoke creates chemicals that affect our planet. â€Å"At least 50 of these chemicals are known to cause cancer, and many are poisonous† (Whats in a Cigarette? American Lung Association)Read MoreThe Effects Of E Cigarettes On The Health Organization1503 Words   |  7 Pagesthe highest in demand being the electronic cigarette or e-cigarette. E-cigarettes are battery-powered devices that create a vapor mist from a heated liquid solution when the user inhales on a mouthpiece (Wagaman). As of their creation in 2006, a growing number of people are taking up â€Å"vaping† instead of smoking, resulting in an industry worth $2.7 billion worldwide (Senthilingam). Although the product is healthier than the traditional tobacco cigarette, there are many defects that keep it from beingRead MoreSmokin g Is A Problem Of Smoking1567 Words   |  7 PagesStop smoking The issue of smoking is a problem that’s occurring in America. Smoking is a deadly killer that has taken many loved ones, it causes issues when it is inhaled into the human body and causes certain types of diseases. Many people are dying due to the chemicals in cigarettes unfortunately, but there are ways we can stop this and with the help of the students here we can start doing this immediately. Smoking is the inhalation of the smoke from burning tobacco encased in cigarettes, pipesRead MoreThe Issue Of Smoking Is A Problem1565 Words   |  7 Pages The issue of smoking is a problem that’s occurring in America. Smoking is a deadly killer that has taken many loved ones, it causes issues when it is inhaled into the human body and causes certain types of diseases. Many people are dying due to the chemicals in cigarettes unfortunately, but there are ways we can stop this and with the help of the students here we can start doing this immediately. Smoking is the inhalation of the smoke from burning tobacco encased in cigarettes, pipes, and cigarsRead MorePreventing Teens And Preteens From Tobacco Use927 Words   |  4 PagesPreventing Teens and Preteens from Tobacco Use Tobacco is a plant that grows in North and South America. It is in the same family as the poisonous night shade, a very deadly plant. It began growing in America around 6000 B.C and started to be chewed and smoked about 2000 years ago as cultural or religious ceremony and events. They also believed it had medicinal effect that can cure and relives pain. Tobacco was introduced to Europe by Cristopher Columbus. When he discovered America, he encounteredRead MoreWhy Even Start Using? 947 Words   |  4 PagesHigh school student starts off with just trying a cigarette, then started smoking just about one cigarette a day, then became addict, he ended up smoking for 30 years, he developed throat cancer and had to breathe through a surgically made hole in his neck for the rest of his life. Just trying tobacco as a teen increases your chances by 80 percent of being addicted to some kind of tobacco in your future as being an adult (Bratsis Michael E). Teen and even children are trying tobacc o products earlierRead MoreThe Effects Of Cigarette Smoking On Health884 Words   |  4 PagesCigarette smoking remains the chief cause of none communicable disease and death in the United States. Each year, cigarette smoking is responsible for an estimated 480 million deaths and more than 8 million smoking-related illnesses (CDC, 2014). It is accountable for total costs nearing 170 billion dollars in direct medical expense and work lost productivity (2014). Although it is true that smoking adversely affects health, there are more than 4 million adults reported as active smokers. In many

Bond Valuations

Questions: Jasmine Ltd is considering issuing bonds to raise funds for a new project. The following three options are being considered. Bond Coupon Rate Coupon/Compounding Frequency Yield Term in years Face Value A 0% half-yearly 7.5% 5 $1,000 B 6.5% half-yearly 7.5% 10 $1,000 C 8.4% yearly 7.5% 8 $1,000 a) Calculate the market price of each bond. b) Classify each bond as either selling at a premium, par or discount. c) Assume Jasmine has decided to issue only B Bonds. If Jasmine Ltd needs to raise $465,260 how many bonds would need to be issued? Answers: Executive Summary The report contains solution to all the three questions regarding Portfolio Valuation, Bond valuation, and Share valuation. In Portfolio Valuation it was found that as the correlation between the two shares is negative thus investing in both the shares can lead to less risky portfolio. In the Bond valuation, the market price of each bond was calculated and it was found that the market price of Bond A is the least while the market price of Bond C is the highest. Thus if the investor wants to purchase a new bond then must purchase Bond A as it is currently at a discount. In case of Share valuation, the market price of the share for different scenarios were calculated and it was found that SuperGrowth has the highest market price. Thus the report helps in understanding the three topics and helps in valuation of different financial assets. Bond Valuation Given, Bond Coupon Rate Coupon/Compounding Frequency Yield Term in years Face Value A 0% half-yearly 7.5% 5 $1,000 B 6.5% half-yearly 7.5% 10 $1,000 C 8.4% Yearly 7.5% 8 $1,000 We know, Price of a bond is given by Where C = coupon payment, m = number of times payment made in a year, n = life of the bond i = yield rate F = face value a). The market price of bond A = P = 692.02 The market price of bond B = P = 930.519 The market price of bond C = P = 1052.716 b). The market price of bond A is less than the face value of Bond. Hence it is at a discount. The market price of bond B is less than the face value of Bond. Hence it is at a discount. The market price of bond C is more than the face value of Bond. Hence it is at a premium. c). The market price of bond B is 930.519. Thus for $930.519 the number of bond issued = 1 For 465260 the number of bond issued to Jasmine will be = 465260/930.519 = 500 Conclusion Thus all the three questions regarding Portfolio Valuation, Bond valuation, and Share valuation have been solved. In the first question it was found that as the correlation between the two shares is negative thus investing in both the shares can lead to less risky portfolio. In the second question the market price of each bond was calculated and it was found that the market price of Bond A is the least while the market price of Bond C is the highest. In the third question, the market price of the share for different scenarios were calculated and it was found that SuperGrowth has the highest market price. Recommendations Based on the calculations above, In case of Portfolio Valuation, if the investor wants a less risky portfolio he must invest a greater amount in share Jay but if the investor wants higher returns than he must invest a greater amount in share Kay. Also a mixed portfolio will result in higher return and less risky portfolio. In case of Bond Valuation, if the investor wants to purchase a new bond then must purchase Bond A as it is currently at a discount. Whereas if he has the bonds and is looking to sell then he must sell bond C as it is currently at a premium. In case of Share valuation, the investor should invest in SteadyGrowth as the growth rate and the dividend pay by the company is the highest among all the shares considered. Bibliography Parrino, R, Kidwell, D, Au Yong, H, Morkel-Kingsbury, N, Dempsey, M Murray, J 2011, Fundamentals of corporate finance, 1st edn, Wiley, Sydney.