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Creative Organizations and Strategic Change

Creative Organizations and Strategic Change.

Purpose of Assignment The purpose of this assignment is to provide students an opportunity to apply research definitions of a creative organization to real life examples. Assignment Steps Identify and discuss several global creative organizations using the criteria and descriptions in Ch. 10 and 11 of Mastering Leadership. Include the strategic opportunities for change the organizations have. Each member must post at least two substantive comments (minimum 350 words each) to the learning team discussion area: Discuss why those organizations could be considered as creative. (350 WORDS)Explore alternative views. (350 WORDS)Post two substantive comments from each team member in this discussion. Note: Grades are awarded based upon individual contributions to the Learning Team assignment. Each Learning Team member receives a grade based upon his/her contributions to the team assignment. Not all students may receive the same grade for the team
Creative Organizations and Strategic Change

African Studies African Lynching Cases and Broken System Reflective Paper.

I’m working on a african studies writing question and need support to help me understand better.

Answer the following question.15-year-old Willie James Howard was lynched for the words he wrote. https://www.pbs.org/harrymoore/terror/howard.html (a) Pay careful attention to the substance/content of the card and the letter. (b) Reflect on the circumstances in which he was murdered. (c) Read carefully, listen attentively, and think. (d) Compare this event with the lynching stories at the EJI website. See Menu for Lynching in America-1.pdf Click on each tab.(e) Imagine that you are someone in the community who believes that the lynching was justified. Explain your reasons. Use textual evidence as the foundation of your argument. (Word count: 2-3 paragraphs, approx.)
African Studies African Lynching Cases and Broken System Reflective Paper

Co-Sleeping in relation to Sudden Infant Death Syndrome

Share this: Facebook Twitter Reddit LinkedIn WhatsApp Health Intervention Proposal: Co-Sleeping in relation to Sudden Infant Death Syndrome Introduction Sudden infant death syndrome (SIDS) is defined as the unforeseen passing of any infant which cannot be explained by a thorough post-mortem examination or their life history (Beckwith, 1971; American Academy of Pediatrics et al 2006; Meadow 1999). SIDS affects children under the age of one and is assumed to be a sleep-related disorder (Fitzgerald, 1995). Thus, highlighting the importance of health interventions which aim to educate individuals about the optimal sleep location and environment for their infant. The severity of the disorder is portrayed by Fitzgerald’s (1995) research which concluded that there were more than 290,000 cases of SIDS in the Western world alone. Although the causes of SIDS remain some- what opaque, anthropologist, with their cross-cultural and evolutionary perspectives, have started to recognise and explain the key risk factors of the disorder. Evolutionary Perspective versus Cultural Norms In evolutionary history, an infant who was separated from its mother faced life threatening conditions, such as starvation and predation. Therefore, natural selection began to favour babies who, once detached from their mother, moaned and cried to signal for a response. This suggests that infants ought to stay within close proximity and contact to their mother throughout the day and night (Trevathan et al, 1999). Moreover, McKenna and McDade (2005) research found that new-borns have a neurological base that prompts co-sleeping behaviour. Proximate sleeping conditions allow the infant to closely interact with their mother’s smell, movements and breathing. This, in turn, activates the neurological base which reduces crying and regulates the baby’s body temperature, immune system, breathing, oxygenation and stress hormone levels (McKenna and McDade,2005). Thus, bed sharing between mother and infant, causes one to endure a positive clinical change. Furthermore, co-sleeping is a necessity for ensuring development of the human brain. New born humans are neurologically less advanced and mature, when compared to other mammalian young, with only 25% of their adult brain volume (Konner, 1981). Consequently, post-natal brain growth in infants is rapid. This instigates active sleep behaviour and consistent patterns of night waking throughout the first several months of development (Ball, 2017). Thus, emphasizing the need for infants to maintain close maternal contact during the day and night (McKenna and McDade, 2005). Overall, early infant adaptations evidently display that health interventions must attempt to encourage co-sleeping behaviour. Furthermore, evolutionary perspectives propose that close parent-infant contact is necessary, during the night, for the purpose of breastfeeding (Trevathan et al, 1999). Ball (2017) stated that mothers regularly breastfeed their infants to ensure nourishment as the milk is low in fat and protein. Additionally, breastmilk transfers a range of immunological agents to the infant, such as enzymes and antimicrobials (Hale and Hartmann, 2007). These immunological agents are crucial as they prevent any infection of the respiratory system and gastrointestinal tract (Hale and Hartmann, 2007). Gettler and McKenna (2010) state that bed sharing and breast-feeding are interdependent because it allows the infant easy access and consistent suckling periods. There is various research that supports Gettler and McKenna (2010) claims finding that although co-sleeping is not necessary for breastfeeding success, nearly half of the mothers that do breastfeed in the United States and the United Kingdom regularly share the bed with their infant for at least some part of the night (Ball, 2002; Blair and Ball, 2004; Lahr, Rosenberg and Lapidus, 2005; Willinger et al 2003). Moreover, sleep disruption has been classified as the leading cause for the early termination of breastfeeding, displaying further the need for bedsharing patterns (Ball, 2017; Heinig 2010; Tarrant et al. 2011). Therefore, an evolutionary standpoint strongly supports co-sleeping as it increases breastfeeding, which is fitness enhancing for both parents and infant. Although biological mechanisms encourage bed sharing between infant and parents, cultural influences are significant in determining sleep practices (Owen, 2004). Ball et al (1999) concluded that co-sleeping is not an attribute of traditional parenting ideology in the United States and the United Kingdom. Yet, in direct contrast, there are several cultures that do implement infant and parent bed sharing patterns. Yang and Hahn (2002) found that 73.5% of Korean mothers applied proximate sleeping patterns with their child up until the age of 6. Similarly, in Japan, infants sleep with their parents, especially their mother (McKenna and McDade, 2005; Caudill and Weinstein, 1969;). Shimizu et al (2014) highlights that co-sleeping is a conventional Japanese childcare practice, finding that between 2008-2009 bed sharing was just as frequent as it had been in the 1960s and 1980s. These differences exhibited in the United States, United Kingdom, Korea and Japan are due to a variety of cultural principles. The United Kingdom and the United States societal attitudes focus on autonomy and independence, whereas Japan and Korea value communalism (Hofstede 1980). Morelli et al (1992) claims that Mayan mother were horrified at American practices of sleep, such as separate bedrooms, understanding this to undermine collectivism and avoiding their parental obligations of creating a close bond with their children. Whereas, in Western cultures, an infant crying during the night is perceived negatively as it indicates a lack of independence. From an evolutionary perspective, Trevathan et al (1999) argues that allowing an infant to sleep through the night is biologically incorrect. Thus, Trevathan et al (1999) exhibits that medical professionals and health interventions must attempt to increase proximate sleeping patterns. Alternatively, situational factors play a crucial role in determining the occurrence of co-sleeping behaviour. Lozoff et al (1984) found that in the United States, bedsharing was implemented due to high levels of stress, less parental pediatric care education, and lower socio-economic status. Furthermore, Schachter et al (1989) found that, in Hispanic families, being a single parent increased one’s likelihood of proximate sleeping with their newborn. Lozoff et al (1994) and Schachter et al (1989) results display that in some cases an infant’s sleep location is determined by circumstantial influences, rather than the parents own choice. In these cases, co-sleeping has not been adopted because of informed choices, thus, such behaviour has the potential to cause greater risks and increase the probability of SIDS. Schluter et al (2007) supports the anthropological viewpoint that co-sleeping offers an evolutionary secure and adaptive environment (McKenna,1996; McKenna eat al 2007). Schluter at al (2007) study, with Pacific Islander families, concluded that proximate sleeping patterns protect rather than jeopardise an infant’s wellbeing. However, Pasquale Styles et al (2007) state that obstruction to the nose, mouth and face, by bedding, induces extreme dangers for infants. Furthermore, thermal stresses pose increased threats for newborns, such as many layers of clothing and soft bedding (McGarvey et al, 2006; Iysau et al, 2002; Ruys et al 2007). In fact, Kemkes (2009) claims that in 1995 bedding, blankets and pillows were classified as the ultimate reason for suffocation in babies under the age of one. Thus, such research suggests that bed sharing, between infants and parents, is not a contributor for SIDS, but rather the cultural norms that exist in regards to safe and comfortable sleeping environments (Kemkes, 2009). Similarly, the importance of the optimal sleep location for a newborn, in the present cultural environment, is highlighted by the relationship between SIDS and behaviours such as smoking, drinking alcohol and substance abuse. Singer (2004) stated that co-sleeping between an infant and parent, who has been regularly smoking, elevated the likelihood of SIDS. Gordon et al (2002) research exhibited that smoking increases the possibility of SIDS because it leads to greater susceptibility to viral and bacterial infections. Furthermore, in general, alcohol worsens judgement and impairs one’s ability to provide pediatric care (Cherpitel, 2006; Haggard-Grann, 2005). Blair et al (2009) concluded that alcohol is a serious risk factor when parents and infants are bed sharing. Phillips, Brewer and Wadensweiler (2010) support Blair et al (2009) with their research finding a 33% increase of SIDS cases occurring on New Year’s Day, which they correlated with the higher level of alcohol consumption from the night before. Moreover, Phillips, Brewer and Wadensweiler (2010) found a smaller, but nonetheless obvious, increase in the number of SIDS incidents happening on the weekends, compared to weekdays, due to greater levels of heavy drinking. Additionally, infants born to parents who are substance abusers were found to have a far greater risk of dying of SIDS in comparison to the general population (Mark and Claire, 1991). Whilst evolutionary history displays great benefits of co-sleeping, it clearly must not be advised if a parent smokes, drinks or uses drugs. Thus, interventions for SIDS must focus on educating individuals on the dangers of such actions and aim to reduce smoking, drinking and drug habits of new or expecting parents. To conclude, evolutionary history evidently suggests that medical authorities ought to promote co-sleeping patterns as it encourages necessary close maternal contact for the infant (American Academy of Pediatrics, 2005; Ball, 2017). The benefits of such actions are an increase in breastfeeding, conformation of successful brain development, regulation of bodily functions and a reduction in crying. However, cultural norms and expectations heavily influence parental choices of bedsharing patterns. Due to social factors such as suffocation, drinking, smoking, substance abuse, co-sleeping continues to be a risk factor for SIDS. Therefore, until the true cause of SIDS is discovered, no sleep environment is completely risk-free (Pediatric Child Health, 2004). However, much can be done to educate parents on the provision of safer sleeping environments and location for their infants (Pediatric Child Health, 2004). Intervention Design ‘Is Co-Sleeping for you?’ is a poster (Appendix 1) outlining the benefits of bed sharing, from an evolutionary perspective, and aims to aid individuals who are deciding on the optimal sleeping environment for both themselves and their infant (Ball, 2017). It educates people about the dangers of smoking, alcohol and substance abuse whilst proximate sleeping with an infant and encourages termination of such behaviours (Moon, Hauck and Colson, 2016). The poster informs individuals about cessation programmes and focus group sessions available to stop such actions (Moon, Hauck and Colson, 2016). Furthermore, health professionals involved in the intervention are prompted to personally direct those, who they deem suitable, to such schemes (Hamadneh, 2014). Additionally, there is a section of the poster which enlightens new parents about the hazardous relationship between infant suffocation and many layers of clothing, soft bedding and pillows (Hamadneh, 2014). The poster will include directions to suitable sleep apparatus that avoids the risk of suffocation. Examples of such devices include the newly developed side- cars, which still allows for close parent-infant contact throughout the night. Moreover, the poster includes a telephone number and website where individuals, can access further information and enquire about SIDS, especially in relation to co-sleeping, suffocation, smoking, alcohol and substance abuse. The design of the ‘Is Co-Sleeping for you?’ poster is engaging, displaying solely necessary and relevant information (Grol, 2004). The content of the poster is simple and easy to read so it understood by the wide target audience (Grol, 2004). The colour scheme is blue because it aligns with the NHS, who are implementing the health intervention. Images, such as diseased lungs and an ill baby, will be shown as an attempt to shock and frighten parents into terminating smoking, drinking and substance abuse (Montazeri and McEwen, 1997). Similar pictures will be exhibited of bedding and suffocation to cause comparable results (Montazeri and McEwen, 1997). The health intervention is intended for both mothers and fathers that are either planning, expecting or have a new born child. The ultimate target audience is the UK population, yet, initially only parents, infants, health professionals and institutions in Middlesbrough, England. However, if the intervention is successful it may be translated and implemented into other countries. The Middlesbrough programme will be conducted for three to four years. The motivation behind a preliminary small and focused set up is to properly assess the intervention and ensure it is achieving a reduction in SIDS. Middlesbrough was chosen to be the original region that ‘Is Co-Sleeping for you?’ was used in as it is a low income area with a high number of mothers and fathers who smoke, drink, use substances and are less educated about pediatric care (English Indices of Deprivation, 2015). Therefore, Middlesbrough is evidently an extremely appropriate area to implement the health intervention originally, as it allows an in-depth evaluation of whether ‘Is Co-Sleeping for you?’ reduces SIDS in relation to such risk factors. Allocation of ‘Is Co-Sleeping for you?’ Initially, the ‘Is Co-Sleeping for you?’ poster will only be accessible to all health services in Middlesbrough that interact with potential, expecting and new parents. Some example institutions include hospitals, GPs, prenatal and postpartum clinics. However, after confirmation that the intervention is successful, the poster will be made available to such establishments across the entirety of the United Kingdom. The poster will be positioned on the general walls and waiting room boards of GPs, pregnancy related clinics and hospitals. Health care professionals will be encouraged to deliver and discuss the poster with individuals where they consider it to be beneficial. The format of the poster permits easy conversion of the material, allowing it to be displayed through different platforms such as relevant magazines, TV adverts and social media websites (Stead and Hasting, 1997). Therefore, ‘Is Co-Sleeping for you?’ will influence a large audience as it is fast and easy for parents to access reliable information, displaying an extremely effective choice of division (Stead and Hastings, 1997). Expectations of ‘Is Co-Sleeping for you?’ Overall, the introduction of ‘Is Co-Sleeping for you?’ is expected to cause an increase in bed sharing patterns between parents and infant. Health care professionals are predicted to experience more discussions about suitable sleep locations and appropriate apparatus with individuals. Simultaneously, the health intervention is projected to reduce smoking, drinking alcohol, substance abuse in new and expecting fathers and mothers. Additionally, medical specialists are expected to refer a greater number of individuals to cessation programmes and experience more people enquiring on how to attend such schemes. However, the utmost prediction to come from ‘Is Co-Sleeping for you?’ is a great decrease in the number of SIDS cases. Limitations of ‘Is Co-Sleeping for you?’ The ultimate concern of the intervention is the lack of assurance that the intended target audience will see the ‘Is Co-Sleeping for you?’ poster within such health care institutions. As an attempt to overcome such issues, the poster has been designed to be bright, colorful and eye catching (Grol, 2004). As discussed, the ‘Is Co-Sleeping for you?’ poster has been constructed to be adaptable and will be accessible on a range of different platforms including social media websites, magazines and TV advertising (Stead and Hastings, 1997). Another limitation is that, for certain individuals, cultural norms and expectations will continue to override the efforts of intervention (Moon, Hauck and Colson, 2016). Such opinions may cause new parents to feel apprehensive about discussing the option of co-sleeping with health care professionals. Furthermore, the high-level of cultural diversity that exists within both Middlesbrough and the entirety of the United Kingdom pose additional limits. This is an issue because the health intervention will only tackle some individual’s beliefs but not others, thus is not universally applicable (Moon, Hauck and Colson, 2016). Therefore, to overcome such barriers, health professionals, whilst discussing ‘Is Co-Sleeping for you?’, should try to amend the intervention to the individual’s personal belief and needs as much as possible. Evaluation An evaluation of ‘Is Co-Sleeping for you?’ is crucial for assessing the success of the health intervention and to attain support from the organisation that introduced it. The initial set up in Middlesbrough will allow for an in-depth evaluation. Firstly, feedback forms will be given to both medical specialists and parents, to gain a brief overview about how individuals felt about ‘Is Co-Sleeping for you?’ and gage whether they enjoyed the process. However, further research methods must be implemented as the feedback forms alone will not measure the impact that ‘Is Co-Sleeping for you?’ has on behaviour. Those leading the intervention will interview parents involved to gain a thorough understanding of the success of ‘Is Co-Sleeping for you?’. Ultimately, it is crucial to assess the number of parents who adopted bed sharing patterns because of the intervention. Such statistics will display whether the parents are adopting the advice given. It is imperative for health professionals to verbally report their opinions of ‘Is Co-Sleeping for you?’ and to demonstrate the effects of the intervention. These professional will have the greatest insight into whether the poster caused an increase in the referral to cessation programmes, and furthermore, a reduction of such behaviours from new and expecting mothers and fathers. Verbal feedback from medical authorities is extremely necessary as they can convey behavioural changes and professionally critique the intervention to improve it. Such feedback will indicate whether ‘Is Co-Sleeping for you?’ is in fact working in a positive manner. Determining whether the health intervention is successful is imperative, and if it is not, it is important to understand why. Conclusion To conclude, the health intervention ‘Is Co-Sleeping for you?’ attempts to inspire a change in newborn sleep-related practices based upon evolutionary history. Such programmes are essential to ensure and enhance, child safety, increasing their wellbeing, and ultimately reducing SIDS. The ‘Is Co-Sleeping for you? poster is a simple method used to advise new and expecting parents about co-sleeping, and provide them with the relevant information that is necessary to facilitate informed decision making. The contributions that the ‘Is Co-Sleeping for you?’ poster have on the reduction of smoking, drinking and substance abuse are crucial for both parent’s and infant’s health. Without ‘Is Co-Sleeping for you?’, individuals may not realise their different options for their child’s sleep location, and what environments are appropriate and non-hazardous. Words: 2,943 References Singer M. (2004) Tobacco Use in Medical Anthropological Perspective. In: Ember C.R., Ember M. (eds) Encyclopedia of Medical Anthropology. Springer, Boston, MA http://www.medicine.mcgill.ca/epidemiology/hanley/bios601/Intensity-Rate/AlcoholSIDS.pdf – PHILLIPS Cherpitel C. J. Alcohol and violence-related injuries: an emergency room study. Addiction 2006; 88: 79–88. Haggard-Grann U., Hallqvist J., Långström N., Möller J. Alcohol consumption in the new millennium—weighing up the risks and benefits for our health. Addiction 2005; 101: 100–8. Blair P. S., Sidebotham P., Evason-Coombe C., Edmonds M., Heckstall-Smith E. M. A., Fleming P. Hazardous cosleeping environments and risk factors amenable to change: case– control study of SIDS in south west England. BMJ 2009; 339: b3666. Mark E James and Claire D Coles, Cocaine abuse during pregnancy: Psychiatric considerations,General Hospital Psychiatry, 13, 6, (399), (1991). https://link.springer.com/content/pdf/10.1111/j.1479-8425.2004.00147.x.pdf https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4997961/ American Academy of Pediatrics, Task Force on Sudden Infant Death Syndrome. The changing concept of sudden infant death syndrome: diagnostic coding shifts, controversies regarding the sleeping environment, and new variables to consider reducing the risk. Pediatrics. 2005;116:1245-55 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2724135/ https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/465791/English_Indices_of_Deprivation_2015_-_Statistical_Release.pdf References Singer M. (2004) Tobacco Use in Medical Anthropological Perspective. In: Ember C.R., Ember M. (eds) Encyclopedia of Medical Anthropology. Springer, Boston, MA http://www.medicine.mcgill.ca/epidemiology/hanley/bios601/Intensity-Rate/AlcoholSIDS.pdf – PHILLIPS Cherpitel C. J. Alcohol and violence-related injuries: an emergency room study. Addiction 2006; 88: 79–88. Haggard-Grann U., Hallqvist J., Långström N., Möller J. Alcohol consumption in the new millennium—weighing up the risks and benefits for our health. Addiction 2005; 101: 100–8. Blair P. S., Sidebotham P., Evason-Coombe C., Edmonds M., Heckstall-Smith E. M. A., Fleming P. Hazardous cosleeping environments and risk factors amenable to change: case– control study of SIDS in south west England. BMJ 2009; 339: b3666. Mark E James and Claire D Coles, Cocaine abuse during pregnancy: Psychiatric considerations,General Hospital Psychiatry, 13, 6, (399), (1991). https://www.ncbi.nlm.nih.gov/pubmed/9110830/ Share this: Facebook Twitter Reddit LinkedIn WhatsApp

Hospice and Pain Management Analytical Essay

term paper help In certain stages of life or in the case a person has terminal illness death is inevitable and for that reason, the only thing that helpsis to control the pain in these patients. As stated by Saunders (2007) most patients at the dying stage will experience symptoms such as pain, vomiting, nausea, respiratory secretions, fatigue, and dyspepsia. All these symptoms are painful and therefore the main goal of hospice careis to control or reduce the pain experienced by patients.As stated by Connor (1998), “the patient and the family are a critical part of the hospice team.” Pain control in patients is of interest to both the patient, their families and the government has a role to play in ensuring that it issues guidelines that regulate hospice care. The law that regulates hospice care also requires that pain control should be the main goal in hospice care. In hospice care, the use of medication is the main method that controls pain even though there are other known methods of pain control. The main work of a hospice nurse is to deal with patients who have severe pain.As stated by Jackson and Abraham (2005),Nurses should give pain control medication in appropriate time and we should not always respond due to distress in patients. The use of medication has become the main method of pain control among patients. The use of narcotics has widely been applied in reducing pain among patients. Even though the use of narcotics is an effective method of pain control, respiratory depression is a major side effect resulting from it. Respiratory depression is a condition whereby the breathing of a patient becomes slow and weaker and in severe cases, the breathing may stop. The termination of breathing resulting from the use of narcotics in most cases is temporary but in some cases, it might be permanent resulting in the death of the patient. This is just one of the examples of the side effects caused by the use of medication in pain control. Hospice service other medicationsand most of them if not allhave side effects. The question of the type of medication or the dosage for a patient therefore remains a major concern to us when we are providing hospice care services. In hospice care the death of the patient although in some cases being inevitable should be prevented and incase it occurs it should not result from a mistake committed by a hospice service provider. Pain management in this stage of life is a right to the patient and a duty to the caregiver. Even though this is the obligation of hospice care, most families have stated that at the end of their lives most of their loved ones suffered from pain due to lack of treatment (Jackson

Country Road Company’s Financial Aspects Report

Executive Summary The aim of this report is to provide a detailed analysis of Country Road Company regarding its financial and non-financial aspects. These aspects include profitability, liquidity, operational efficiency, and competitive strategy among others. When researching on the background of the company, it was established that the company was conceived in 1974 and a part of it was bought by Woolworth after some time. Woolworth owns about 88 percent of the entire company stock. According to the net profit margin, it was also evident that the company is currently profitable. In essence, the report determined that the core competitive strategy of the company is the production of quality commodities. In addition, the production of diversified designs for women, men, and children is an additional strategy that has led to the success of the company. The fundamental recommendation emerging from the analysis is related to the pricing strategy and quality. Although the company target the wealthy, it should also consider manufacturing products for different income levels in order to increase the market share and profitability. Introduction and Purpose of Analysis This analysis seeks to focus of various financial and non-financial aspects of the Country Road as shown in this list. Discuss the background of the fashion industry in Australia whereby Country Road has dominated substantially. Provide the company’s background in terms of its history and progress over the years. Analyze and comment on the profitability, cashflow, and liquidity of the company. Provide details about its liquidity and how the aspect has affected various stakeholders, including the shareholders and investors. Show the various ratios of operational efficiency as calculated from the financial reports. Indicate any other non-financial aspects of the company, including the competitive strategy and strategic alliances. Provide a well synthesized summary that connects the various issues of the analysis. Company and Industry Background Company Country Road Company was essentially conceived in 1974 starting as a small business meant for women shirting. After the implementation of strong, visionary, and tactical strategies, the business developed gradually into a competitive brand for lifestyle products. The company has become popular owing to the provision of trendy, fashionable, and quality accessories for different customers, including the females, males, adults and children among other segments of consumers. There are various historical, crucial, and forward-moving eventualities that facilitated the rapid rise of Country Road Company. Sixteen years ago, a South African company known as Woolworth decided to buy a part of the company’s shares in order to have control over it’s a section of it. This was a critical undertaking because the company obtained support from a well-established institution with similar interest and profound experience. Understandably, Woolworth had a deep experience bearing in mind that it had been started 43 years before Country Road. As a result, the input of Woolworth was instrumental during the development of Country Road. Recently, about two years ago, the company decided to expand its ownership through acquisition of Witchery Group. In this case, Country Road acquired critical business venture of this company that incorporated Mimco brands (Taylor 2011). In essence, this acquisition venture was intended to transform the company into a world-class and the biggest stylish retail business in Australia. This venture was informed by the fact that an acquisition is an appropriate strategy which is used to expand the market share of the company. The human resource for the company has deep intellect, creativity, and desire to move it to a bright destiny. Importantly, Stephen Bennett conceived the company and created a strong leadership foundation. The same spirit has been reflected by subsequent employees. An example of such a leader is the current designer of the company who is known as Sophie Holt. She has been a central figure of Country Road since the acquisition of Witchery Company in 2012. She has seen the company developing stylish and innovational-based products that help to popularize the company as a major brand in Australia. Industry The fashion and lifestyle industry has become favourite in the modernity of Australia. Although the industry has come of age, it is indisputably true that the industry was not very popular in 1970s. During this period, the Australian nationals used to embrace the fashions that were developed internationally. As such, they did not have their own styles of clothing that could be regarded as authentic and self-develop. However, the country started developing the fashion identity in the early 1990s (Tanthanongsakkun 2008). In fact, it is established that during the 1970s, the industry was centralized in regions such as Flinders Lane and Surry Hills. After the development in 2000, it was decentralized to other parts of the country whereby the local production was abandoned as the people shifted to factory manufacturing (Phau 2010). The entire shift has led to the emergence and development of fashion companies, including Country Road, Thoman Bryson Inc, and Noni Limited among other prominent rivals. In light of this development of the fashion industry, there about 85 percent of medium and small companies. Importantly, there have been negative opinions foreseeing the fall of this industry in the near future. Despite such sentiments by financial analysts as well as the media, small companies are emerging and succeeding rapidly across Australia (Tay 2009). Nonetheless, the small fashion-oriented businesses are bedeviled by some financial constraints in the country. For example, it has been noted that the industry incurs very high rental charges, inherent changes in the international supply chain, and the mutation of the buying patterns globally. Importantly, the underlying challenge in this industry is related to the fact that most businessmen rely on strategies that were used over a decade ago. Understandably, there are many changes that have occurred in the Get your 100% original paper on any topic done in as little as 3 hours Learn More Analysis of Financial Report Data Net Profit Margin Ratios 2009 2010 2011 2012 2013 0.0456 0.0331 0.0394 0.0357 0.0573 These respective ratios are obtained as a result of dividing the net profits by the sales (Ji 2011). From the above ratios, it can be concluded that Country Road makes substantially satisfactory profits from all the expenditures. A high value of the money earned, in terms of dollars, is translated into profits. The ratios also indicate that the company incurs low risks increasing the sales which, in turn, lead to high profits. In addition to this, it is an indication that a reduction in sales might not necessarily lead to erasing of profits and subsequent losses. This conditioned is caused by the fact that most of the earnings are potentially changed into profits. EBIT Margin 2009 2010 2011 2012 2013 0.0623 0.0479 0.0512 0.0465 0.0923 The EBIT margin ratio is another parameter of assessing a company’s profitability status. It shows the returns of the company obtained from the investment ventures that have been implemented (Mcqueen 2012). Since the parameter removes all the distortions that might be caused by the disparities in taxation, it is preferred to other measures because of the standardizing factor. In addition, it provides results that are normative so that the impacts of capital structures do not affect the interpretations. In this case, it is evident that Country Road incurs high returns of the investments that have been made since 2009. Essentially, it is also important to note that the returns are relatively constant since it does not show crucial big disparities except in 2013 where the returns were higher. EBITDA Margin 2009 2010 2011 2012 2013 0.0871 0.0781 0.0826 0.0773 0.1217 This is a ration which is used to determine whether the operations of the company are profitable or not. It is calculated by dividing the company’s earnings before making any deductions by the entire revenue of the year (Nelson 2010). Due to the exclusion of aspects such as depreciation, the parameter is regarded as a tool that provides the investors with a better view about the company. In this case, it is evident that the percentage is percentage is essentially high. This implies that the company’s expenditures consume the bottom line of investments negligibly. As a result, the company is more profitable to the stakeholders. Return on Equity (ROE) 2009 2010 2011 2012 2013 0.2087 0.1454 0.1771 0.1583 0.2009 This is a parameter that is very crucial to the shareholders because it seeks to determine the profit generated by the company using their invested money. In essence, it is obtained when the net income is divided by the shareholders equity. From the above values, it is evident that the company is profitable and the financial performance will continue to improve with time. This implies that the shareholders expect to receive satisfactory dividends since the company is doing well in the fashion industry as compared to other rivals. As such, it can be concluded resolutely that the Country Road has used the shareholders’ investment, such as Woolworth, in a satisfactory manner. Return on Assets (ROA) 2009 2010 2011 2012 2013 0.111 0.0987 0.1125 0.1051 0.117 This ratio is obtained when the profitability of the company is compared to the assets. Having obtained the values in the table presented above, it cannot be disputed that the company can utilize the assets to make high profits as well as generate revenue. Furthermore, the company is capable of leveraging all the assets in such a manner that helps to contain the debts and produce the highest returns. This parameter is used by investors when making decision on whether to invest of not. In some instances, some of the investors add the interest to the incomes in order to take into consideration the cost of borrowing. Inventory Turnover 2009 2010 2011 2012 2013 0.0886 0.0953 0.0858 0.0924 0.0909 This is a ration obtained when the sales are divided by the inventory. In some instances, the investors may use the cost of goods sold by the company rather than the sales. The company ratios that were obtained indicated that the company has experienced strong sales when the sales are compared with the average inventories. Asset turnover 2009 2010 2011 2012 2013 0.0242 0.0289 0.0276 0.0287 0.0162 The asset turnover ratio indicates that the company has a low asset base as compared to the rate at which they make sales. This implies that the company is making good sales while the assets needed are fairly low. In this regard, however, the most important thing when working with the asset turnover is not comparing the company with other rivals but observing the trend. Evidently, the ratio obtained in 2013 is essentially lower that the previous years. This implies decreased sales in comparison with the assets purchased. We will write a custom Report on Country Road Company’s Financial Aspects specifically for you! Get your first paper with 15% OFF Learn More Assessment of Other Relevant Information Country Road Competitors Country Road has shares the market with crucial competitors who pose a great to the company’s profitability. These companies provide the same products and services within the geographical location. In essence, the company’s major rivals in business include Specialty Fashion Group Ltd, Thomas Bryson International Ltd, and Noni Limited (Allen 2013). Specialty Fashion Group operates on a strategy known as the Value end market. Most company’s store are found on the Eastern side of the seaboard where they sell tailored and retail fashion products to customer of different sizes and age groups. Although the company is an important competitor, it has not diversified its products’ provision as compared to Country Road. Essentially, Specialty Company sells women fashion only, while the latter provides wear for all genders and ages. This gives the Country Road Company a competitive advantage over Specialty Limited. In addition to this, Specialty Fashion has only penetrated the Australian and New Zealand markets. On the other hand, it is evident that Country Road has expanded in both Asia and South Africa. In fact, they had established their stores in USA, but the poor sales led to the closure of the premises. As such, it is evident that Country Road is more expansive than this competitor. Despite the condition of extensive investments envisaged by Country Road, the profitability of the two companies is nearly equal. Thomas Bryson International Ltd produces and sells apparel, fabrics, and domestic textile in Australia as well as international markets. For this company, however, it was noted that it had opened stores in China, European Countries, and Africa among other places. After close evaluation, it was evident that Country Road and this company manufacture two similar products, including apparel and garments, which form the basis of their competition. From the diagram below, it is evident that Bryson distributes various products as shown Strategic AlliancesThe third competitor is known as Noni Limited, which provides fashionable, up-to-date, and quality apparel. It is a retailer who distributes its products throughout Australia. Following robust and rapid growth within the company, it is one of the most profitable retailers in the country. Its business strategy resembles that one of Country Road substantially. It concentrates on selling quality products at a very high price. As such, they prioritize the standards of the products and target high-income customers in the market segment. In addition, it utilizes the Myers stores which are also targeted by Country Cross Company for retailing. Importantly, the company has not diversified its production because it only manufactures women fashion contrary to the latter. Further, it distributes the products within the borders of Australia, and disregards the overseas markets. In addition to its competitiveness as a company, it has indulged in tactical alliances that occasion it survival and dominance. First, Woolworth secured a section of the company’s shares. Currently, Woolworth is the major shareholder to the company because it has a total of 88 percent share in Country Road. Since Woolworth was a well-established company, it helped the young counterpart to develop rapidly and dominate the market. In addition, Country Road, entered into an alliance with Myers stores. This was a tactical, strategic, and competitive alliance because it helped the company to challenge David Jones Fashion which was a competitor. In this case, Country Road started distributing and selling the products through Myers stores rather than the David Jones Limited because the former was using the company’s products to make profits despite being a rival. Another important integration venture was the acquisition of Witchery Group in 2012 (Honey 2012). In fact, the present designer of Country Road was the originally employed by Witchery Group, but she was absorbed by the new company after acquisition. Country Road Competitive Strategy Design The company differentiates the fashion in a manner that provided a wide range of products for the customer to choose. Inherently, it struggles to manufacture products that are consistent with the current trends and styles. Evidently, the company has embraced a diversified approach that has led to profound profitability and sufficient sales. In fact, the CEO acknowledged that the company seeks to build on their core ideology of providing excellent design. Due to their designing prowess, the company launched a new Tenery for those people whose age is above forty. This product was developed for both men and women to target a wide market than the current one. Clearly, the company sought to reach the old-aged customers because they have been supporting the company over the years. Before the Tenery was produced, the company had conducted a research which indicated that 45 percent of the company’s customers come from the ages above forty years (Islam 2013). Quality One of the most crucial strategies of differentiation is the prioritization of quality. In this regard, the company seeks to prioritize the customers’ interests because they focus on quality products rather than cheap ones. The designers of Country Road pay attention to the details and commit the production to the use of fine cotton. Currently, Country Road has been capable of manufacturing products of the highest quality as compared to most of the competitors. In fact, this is the single-most factor that has ensured competitiveness of Country Road amidst the competition within the country and international markets. Summary and Conclusion This report indicates that Country Road is a profitable company which has enjoyed financial solvency over a the last five years. The company has been capable of using the shareholders money to generate income and also make profits. However, there has been a crucial decrese in the sales when compared to the assets. As a result, the company should embarke on various undertakings in caaordance to the recommendations in this list. Not sure if you can write a paper on Country Road Company’s Financial Aspects by yourself? We can help you for only $16.05 $11/page Learn More The company should explore new markets in order to increase the market share and make more sales. Country Road must control its asset base to ensure that it is consistent with the sales. As such, the company should not acquire more assets if their sales are not increasing accordingly. Due to the increased compaetition, Country Road should diversify its investiments to obtain a competitive edge. References Allen, D 2013, “The Determinants of the Capital Structure of Listed Australian Companies: The Financial Manager’s Perspective”, Australian Journal of Management , vol. 16, no. 2, pp. 103-128. Honey, F 2012, “The Standards Australia Sizing System: Quantifying the Mismatch”, Journal of Fashion Marketing and Management, vol. 11, no. 3, pp. 320-331. Islam, M 2013, “Workplace Human Rights Reporting: A Study of Australian Garment and Retail Companies”, Australian Accounting Review , vol. 23, no. 2, pp. 102-116. Ji, S 2011, “Accounting for Contaminated Sites: How Transparent are Australian Companies”, Australian Accounting Review , vol. 21, no. 2, pp. 131-153. Mcqueen, H 2012, “Volume 7: Australia, New Zealand, and the Pacific Islands”, Fashion Theory: The Journal of Dress, Body

Promoting a Business in the Global Market Essay

Promoting a Business in the Global Market Essay. Introduction Engrave Investments is a window tinting company located in the Arab region and Gulf Cooperation Council (GCC) and has been in existence for more than 40 years. This company has expanded its operations from the initial two branches that were located in the United Arab Emirates but later moved to Saudi Arabia. It has targeted regions like Asia, Africa, North America, South East Asia and North America. The mission of this company is to ensure that everybody is able to get window tinting services to ensure the safety of their vehicles and health are guaranteed irrespective of their economic state. This means that this company offers cheap services that ware available to all motorists. This was motivated by the need to ensure that motorists do not continue suffering the harmful effects of excess light in their vehicles; therefore, window tinting has become a good solution to managing this problem. The company has employed more than 1500 workers in its ten branches located in various regions within the Gulf region. Each branch operates as a separate company but there is a general manager and president who are in charge of coordinating all activities of these branches. Annual reports are presented to them during annual meetings that are conducted at the end of every financial year. Strategy for Going Global This company has identified the enormous task that lies ahead of this company in investing in international business activities. Even though, there are opportunities in almost all nations it is necessary to explain that this company identified specific targets that seem to have numerous advantages over others. The following are some of the regions this company has earmarked to start exploring market opportunities. The first region targeted by this company is Asia since it is located very close to this company and thus it has limited financial expenses in terms of commuting from it to the company. This region has opened its international investment window to all investors from various regions of the world and thus it is very attractive. There are many car manufacturing industries in this region and this will enable this company to have trading partners that will help it in developing its ideas. It is necessary to explain that an international company can easily penetrate into a market if it partners with a similar company in the foreign country. Europe, South and North Americans are very careful about the safety of their vehicles and themselves and this offers window tinting a ready market in these regions. In addition, most African countries are importers of personal vehicles that require tinting to protect the owners from being seen by people in the public. Most celebrities in America, Africa and Asia like driving in vehicles that have tinted windows to avoid interruptions from the public. International Strategy and Organisation The performance of this company on the local scene has enabled this company to start thinking of going global and adopting an international perspective. There are various strategies this company has adopted to ensure that it successfully engages in international trade. The following are some of the ways this company has prepared to manage this issue and continue operating the local companies. First, an international investment is a huge undertaking that requires adequate preparation in terms of logistics and finance. The company has ensured that it has enough funds to finance its operations to ensure it stands high chances of competing effectively with other similar companies. The first approach it has taken is to ensure it has enough capital generated though its profits, floating shares and loans from financial institutions. The company has been in operation for more than 40 years and within this time it has registered profits even though sometimes the profits reduced. The financial report for the last 15 years show a steady increase in profits and this necessitated the need to invest in international markets. Secondly, the company floated more than 900 million shares each valued at $ 1 to ensure it generates additional capital for this activity. This ensures that it has managed to raise enough capital to undertake this activity that requires a lot of money. In addition, the good financial records of this company have won the trust of many local banks and encouraged them to be quick to offer it loans. Lastly, this company has trained workers to ensure it has enough staff to manage its international branches that will be located in various regions in the world; however, the supportive staff will be recruited from the local population. International Opportunities that Affect Businesses This company has realised that it will not have a smooth entry in the international community due to the following reasons that cannot be avoided. Therefore, it must adopt ways of managing these issues since they affect all companies that have international investments. First, competition is a key component of all business investments whether they are located in international or local markets. All businesses have competitors that exert pressure in the market and lead to struggles to dominate the limited demand available. However, this company will manage its pricing and quality to ensure it manages to stand good positions in competing with other companies. The second important issue of is taxation that cannot be avoided no matter how hard a company tries. This company has noted that investing in America will attract a high tax but this will be compensated buy the huge profits that will be generated by the foreign market. On the other hand, African and Asian countries have very low taxation on international companies but this reflects the limited market available in these regions. Thirdly, this will be a global company and it must respects and observes all international regulations that govern this trade. This means that even though some regulations may not favour this company it must respect them since these laws were established to protect the local and intentional stakeholders. Therefore, these laws, treaties and institutions that govern international market will play significant roles in determining the activities of this company. Lastly, exchange rates and the world economy will also play significant roles in determining the profits generated by this company. Countries that gave high exchange rates will be more profitable than those with low rates since this means that the former has many investment opportunities. Selection and Managing Entry Modes Affecting the Business Even though, there are very many ways of marketing the products of this company in the international market some of them may not be effective. Therefore, this company is considering the following ways of establishing its market in these foreign territories. Direct exports will involve the use of sales representatives and importing distributors to enter these markets and evaluate their performance within the first two years. These representatives will be given commission based on their sales while the distributors will be allowed to buy the products and get all the rights and control over them while in their regions. Secondly, it is also evaluating the use of export trading companies to help it establish its grounds in international markets. These companies assist new entrants in international business until when they have established their base in the foreign territories. These also include export managing companies that manage all transactions and activities of an exporting company on its behalf and assume all the rights and responsibilities of that company. Export merchants and confirming houses are also good options that can be explored especially in South America to enable this company to study the market while introducing its products without necessarily incurring the heavy expenses involved in setting up its branches in this region. Licensing is also an option that will enable this company to venture into international market by allowing other companies to register its licensing agreement in the foreign land and continue with its business for a fixed period. It is also considering franchising with other related companies to give them its rights of distributing its products under its name. The last option that seems to be appropriate in partnership with companies that sell products related with window tints and they include car manufacturing and distributing firms. Managing International Operations This business has identified the importance of international treaties and unions that govern international trade. It has ensured that it has consulted the relevant trade organisations to get permission to conduct its activities. In addition, it has sought permit from the local exporting agency to ensure it conforms to the policies that govern international trade. It is necessary to ensure that all the regulation governing this activity are followed by asking the relevant authorities to inspect the premises, read the objectives and polices of this company to prove that it will participate in legal businesses. Inflation has always been a serious challenge to international investors since it determines their activities through the prices of its commodities. It is necessary to explain that sometimes a company cannot manage this issue since it is beyond its abilities. However, this company has prepared to manage all challenges associated with inflation by insuring the activities of this company with relevant insurance companies that provide this cover. This will protect this company from collapsing if the world experiences inflation as was evident in 2008 where many uninsured companies were forced to end their operations. In addition, terrorism has always threatened the activities of all international and domestic companies and this has made many investors to fear participating in this business. However, this company has ensured that it will invest in regions where there are no terrorist attacks. Even though, it is impossible to predict terrorist activities this company has identified areas that have maximum security to ensure there are no chances of falling victims to terrorism. This company has partnered with other similar companies and inquired on their safety precautions to enable it to protect its international investments. Hiring and Managing Employees An international company must respect the policies of other nations and ensure that it follows their guidelines. Staffing has always been an issue of conflicts between international companies and local authorities. However, this company has ensured that it has managed this issue in an amicable way that will promote healthy relations with the local authority. Even though, this is an international company it must ensure that considers the local population in terms of employing them in various sections. However, this company had reserved the managerial positions for its members from the country of origin. It has noted that the present managers have performed very well in the last seven years and must be rewarded by being given the same positions in all branches that will be opened in other nations. This means that all international operations will be managed by the existing managers. However, it has been noted that this company will also consider hiring local employees in sections that will not involve a lot of managerial tasks. It has noted that it will require workers to market distribute and advertise its products in local markets which will be done by the locals. This will reduce the costs involved in transporting workers from its parent country to other new regions and also inconvenience related to this exercise. In addition, this will follow the international standards that require international companies to allocate not less than 40 % to the local population. Therefore, the company has reserved all junior positions for the local population. However, it has also noted that there will be the need to promote local employees who show commitment to work and good performance since this will be a good way of ensuring this company is perceived to be a local investment. Cross-Cultural Issues Culture is a very important issue in international al and local businesses since it affects the abilities of people to purchase goods depending on their beliefs and practices. It is very important to observe and respect the culture of different communities to ensure the business does not affect their operations. Even though, some cultures may not be perceived to be good a business must not openly ridicule or interfere with the activities of the local population since they are the ones offering market for its products. Therefore, it is important to state that this business has studied most local cultures and will ensure they are respected. The business has included the local population in its job opportunities to ensure it integrates their culture with some practices of the local population. However, this issue has been managed with a lot of care to ensure the operations of this company are not affected by the local culture. Studies have shown that all cultures are equal and no culture should be perceived to be superior to others. Therefore, this business will treat with respect all people from different cultures to ensure they feel conformable while working at this company. It has also ensured that there will be no conflicts among workers from different cultures by highlighting the need for workers to respect one another and work as brothers and sisters to ensure the company achieves its targets. It is necessary to explain that the world has many cultures and each them has unique characteristics. Even though, some features of these cultures may be extreme this company will not participate in any activity that will despise or favour any culture over others. Politics, Law and Business Ethics Politics is a process that determines the policies that will govern the activities of a country and thus must be respected. International organisations must not engage in politics or any activity that will show they are members of a political party. The objective of a business is to invest in activities that will generate profits and not those that will determine the political events of a nation. Therefore, this company has ensured that it has minimised and eliminated all political discussions within its premises by laying out strict rules in the company. These rules will ensure that members of this company shall not engage in political discussions, campaigns or activities that will show their political facilitation. There are strict laws that will govern this behaviour including suspension and dismissal from duty. It is important to note that this business does not engage in any political activity or support any political party, ideology or candidates. The mission of this company is to provide window tinting services to clients all over the world and not engage in any political activity. The company has recorded good performance in the last 40 years due to the strict laws and regulations that govern the conduct of workers. This means that this company respects all laws and regulations aimed at promoting productivity and good relations amongst people. Therefore, all workers will be expected to respect the policies of this company and those of the regions the companies are located. Similarly, the company will respect the laws of the land where they are located and ensure it promotes order in various activities. Business ethics are indispensable regulations that govern the behaviour of workers, employers and all stakeholders. This company has realised the need to uphold high professional ethics to achieve its objectives. Therefore, all stakeholders will be required to follow all rules that govern their behaviour to ensure there is order and productivity. This will help this company to be productive and compete effectively with other companies. Economics and Emerging Markets Businesses are developing good plans that enable them to widen their operations and invest in international markets. The tradition and belief that international businesses were a reserve for huge companies are slowly disappearing as small businesses start to dominate this market. Current financial reports show that more than 25% of international businesses are small scale. This means that the present economic conditions are favouring both huge and small companies to invest ion global activities. However, it is necessary to understand that before venturing into international business it is important to consider some economic trends that determine the future of most businesses. First, this company has identified the market for its goods and has noted that America, Asia and Africa will offer good markets for window tinting. These choices have been influenced by an increase in demand for motor vehicles in these regions in different perspectives. America is a developed nation and thus most people are rich and can afford expensive vehicles. Most of them are healthy conscious and also mind the security of their property. Therefore, they will not hesitate to buy the products of this company and tint their car windows. On the other hand, Asia and Africa are developing nations and have ready markets for second hand vehicles. Therefore, there are high chances that these regions will offer ready market for the services provided by this company. International Trade International trade activities should be monitored to ensure this company manages to stand high chances of dominating this market. The difference between international trade and local trade is on the geographical coverage and laws that govern trading activities. However, this should not be cause of alarm since this accompany has been in existence for more than 40 years and this shows that it is not a new entrant in this business. The fact that it has managed to compete with other similar companies all the years means that it is a strong company y that can compete with international investments. Therefore, it is very prepared to manage all issues that may affect international trade at the local and international level. This company has identified trading blocks that it will join to ensure it enjoys the benefits of being a member of these blocks. In addition, it is a mandatory requirement that companies must join these trading blocks to ensure they are not taxed heavily when participating in international trade. Members can agree on their terms of trade and modes of payment to facilitate easy movement of goods and services across their boundaries. Therefore, it is important that this company has already consulted the relevant international business planners to ensure the expansion of its activities will be a major success. Even though, international businesses experience various challenges ranging from geographical locations, exchange rates, terrorism, inflation and political instability these issues will not affect this company only but all that participate in this activity. In fact, these events affect all businesses whether they are domestic or foreign and this means that all stakeholders will play significant roles in eliminating the possibilities of these occurrences. It is important to explain that an international business is exposed to similar risks that local businesses face since this activity takes place in the same environment. Business-Government Trade Relations The government plays a significant role in promoting business activities within its boundaries. The regulations adopted by a government determine the business activities members can participate in and this becomes an investment guideline. It is important to explain that business activities derive their legitimacy from the rules and policies established by governments. There must be good business-government relations to ensure the business participates in its activities freely. On the other hand, a government must ensure it has good relations with a business to maintain law and order. This company has developed strategies to manage its relations with various governments to ensure it enjoys the following benefits. First, governments can regulate the prices of goods sold within their boundaries through taxation. If a government imposes heavy tax on goods or services produced by a company this burden will be transferred to consumers through pricing. They will be forced to buy the product at a very expensive price due to the heavy duty imposed on the company by the government. However, if a company has good relations with governments it is likely to negotiate taxation issues and ensure they do not affect its prices very much. Secondly, governments can prohibit the production and sale of some goods and this will lead to reduced demand for the goods. In fact, if a government banns the production of a product this means that the company producing that product will be forced to close its operations. However, some regulations may limit the use of some products and this will also limit market penetration of such goods. This company provides window tinting services to motorists; however, this business may not generate good profits in nations that do not allow public transport vehicles to have tinted windows. For instance, most African countries do not allow vehicles belonging to institutions, private companies and international organisations to have tinted windows; therefore, means that this business may not be profitable in this region. In addition, a company may decide to participate in social corporate responsibility to ensure it wins the trust of local governments. This may allow this company to be exempted from taxation or this may be practiced at a minimal level. Therefore, it has established ways of participating in communal activities to ensure it enables the local community to benefit from its operations. Foreign Direct Investment Foreign direct investment refers to a situation where a company engages in the production, distribution and marketing of a product in a foreign country. The difference between this and international trade is that the former involves a firm transferring all or some of its operations from its mother country to another one. Therefore, it operates from another country but maintains its identity as a foreign company. International trade is a general term that refers to trading activities amongst different countries. When this company starts to participate in international business activities its foreign direct investment will have the following effects on it and the host country. First, it has aimed to invest its operations in Africa and Asia that constitute a significant percentage of developing countries. This means that this company will stimulate economic growth in these nations by generating income through revenues taxed on its operations. Secondly, it will boost the development of infrastructure by opening remote regions and contracting roads, communication and water and sewerage network. Thirdly, it will provide employment opportunities for the locals who will be given more than 40% of jobs in this company. However, this investment may hinder the development of local industries that produce the same product or offer similar services. This means that if this country manages to control the window tinting market in the areas it plans to explore the companies that provide these services in these regions may be forced to close if they fail to compete with this one. In addition, the company may interfere with the activities of these countries if it manages to control a huge portion of their economies. Lastly, this company may transfer workers and expatriate its profits to its parent company located in another country and this may sabotage the economy of the host nation. Conclusion International investments are huge activities that must be approached with a lot of caution. Multinational companies must respect the politics, culture, traditions and institutions of host nations to ensure they have healthy relations with their governments. They must develop plans to manage challenges of international trade and engage in beneficial activities that will not only generate profits for them but also benefit the local community. Promoting a Business in the Global Market Essay