Hi, I am looking for someone to write an article on issues in global business Paper must be at least 500 words. Please, no plagiarized work! Reasons why companies want to become international Internationalization is a concept that is being followed by many companies in various sectors. With globalization happening at a fast rate and many countries opening up their markets, foreign firms can enter into many countries where there are good opportunities and become a Multinational Company (MNC). A company may also want to internationalize if there is saturation in the local market. That is, when the firm finds that it cannot grow further in the existing market and there are more competitors in it, the firm will find out new markets specifically in foreign countries. In addition, if the firm has specialized products or services, which cannot be found or found in minor varieties in a foreign market, then also firms will adopt internationalization and become an MNC.

Advantages and Disadvantages of MNC

Instead of competing in a saturated local environment, if the firm becomes MNC, it will have access to new markets and new customers. In foreign countries, people will always view foreign products with big expectations, particularly if it is a well known brand. If the MNCs are able to provide superior quality product than the local companies, it can attract many customers and earn good profits. However, the disadvantage is, in most cases, the MNCs have to launch a new and localized marketing campaign, to build a brand from scratch. As the local companies would have been operating for a long time, they will be in the minds of the people, but MNCs has to carry out campaigns and this could take time.

Entry path

There are a number of entry paths available to the MNCs to enter foreign countries. However, the common paths are Direct Investment, Joint Ventures, Franchising, Mergers, etc. Although, Direct Investment will be the favourable mode of entry for the foreign firms, if there are any government regulations against it, then they will go for joint ventures and franchising. Franchising has become one of the common entry paths because franchises have local knowledge and expertise that can be leveraged to a competitive advantage. (Neelankavil and Rai 2009)

Reference

Neelankavil, JP and Rai, A 2009, Basics of international business, M.E. Sharpe

Sharpe Ltd.

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Hi, I am looking for someone to write an article on introduction to operations management Paper must be at least 2500 words. Please, no plagiarized work! Management of the Zoo has arranged the facilities and services for about 10000 visitors. But this year, more than 10,000 people visited the Zoo at the occasion of August Bank Holidays. Moreover on the World Animal Day, the number of visitors exceeded 18,000 visitors, about an average of 4000 visitors at a time. There were many problems faced by the management. food ran short, there was no space for free walk in the Zoo, no staff member was there in front of the visitors and there all were queues in the Zoo.

The management of the London Zoo can use some other ways of collecting data on their required information about the service quality. They can use the group focusing technique to gather the information. The groups visiting the Zoo can be requested to answer few of their questions. This style of activities can be done in quite attractive way announcing some gift hampers for the groups answering their questions and recommending some suggestions for the improvement.

Interviewing technique is also a useful way to gather the data. But this technique might be not much useful or beneficial here. An interview requires mental preparation of the respondent which can not be adopted here as people come to the place for relaxation and enjoyment, they would not like this way.

The above are the categories upon which information were gathered. The rating was asked from 1 to 5 with 3 as an average. The figures from the Appendices 3 and 4, it is observed that the customers rank the Zoo as an average service provider as the average of the ranking is 2.90 ~ 3. This value shows that the customers feel that the Zoo is providing entertainment of an average level. The management seems to be more dedicated towards the improvement of the progress of the services’ quality. The management realizes its responsibility that they have not only to provide amusement but the Zoo symbolizes the care of wild life.

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Hi, I am looking for someone to write an article on introduction to business Paper must be at least 500 words. Please, no plagiarized work! Introduction to Business A business environment comprises of both the external and internal factors of business operations. This is the view shared by Goodman, Ladzani, Bates, Botha, and Vries in the book “Fresh Perspectives: Business Management”. According to the views given by the authors, a business environment is made up of the entire social, political and technological factors among many more other factors. The interaction between a business and its environment is usually continuous and it ensures that the business uses its resources more efficiently (Goodman, Ladzani, Bates, Botha, and Vries 15). As indicated above, the environment of a business is dynamic and most noticeably complex. Therefore, these environmental aspects are considered crucial to a business, because they have an impact on the growth of business and generally, its survival in a competitive market. These aspects are not only critical because of a business’ survival in the market, but also because they are a gauge against changes in the market. These are changes that may be technological or economical in nature such as recessions or bank interests. When an organization is able to detect these changes, it becomes easier to adapt or work on how to evade any undesirable results. Business adaptability is crucial in a competitive market, and businesses that are not able to adapt to change soon operate on losses.

According to Goodman, Ladzani, Bates, Botha, and Vries a market is defined as a place where trade takes place and based on the participation of sellers and buyers. Sellers and buyers participate by trading in goods or information. In my opinion, this definition is simple and based on the physical location of a market. However, today’s markets are rather different and more virtual rather than physical. An excellent example of this is the internet, which is now a large market and one which is most liquid. In defining the market, it is crucial to also mention that the market is not only focused on products and services, but also satisfies the needs of customers (Goodman, Ladzani, Bates, Botha, and Vries 16). In my opinion, the most appropriate way of defining the market is to think about the needs of customers before making any other business related move. After this, the next best step to take is to identify the products which meet the customer needs.

In the contemporary society, companies use marketing tools to convince the buyers to buy goods from the market. The nonprofit organizations use the marketing tools to encourage buyers in the market. Hence, in a contemporary society, the factors affecting the market are based on a company’s ability to market its products. In a contemporary community, the market is only in existence if the solutions that the customers want are those that a company can be able to satisfy.

In my opinion, the question on marketing is the right one to ask because the market is defined in many ways. A market can also be defined as dynamic because it provides the necessary framework for businesses to make decisions and the right analysis. In addition to this, the question is there to provide people with an understanding of how organizations function. The question also provides students with the knowledge in regard to creation of marketing liaison between companies and consumers. In conclusion, as evidenced in the discussion above, without a market, it would be impossible to identify the factors of a business environment and hence, difficult to recognize the consumers.

Work Cited

Goodman, S., W. Ladzani, B. Bates, S. Botha, and C. Vries. Fresh Perspectives: Business Management. Cape Town: Pearson South Africa, 2005. eBook.

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Hi, I am looking for someone to write an article on introduction and conclusion section for report Paper must be at least 500 words. Please, no plagiarized work! INTRODUCTION AND CONCLUSION SECTION FOR REPORT Table of Contents Table of Contents 2 Introduction 3 Conclusion 3 Introduction Mr. Simple is an Australia based company headquartered at Melbourne. It is engaged in the business of manufacturing garments which are primarily meant for daily wears. It produces garments for primarily for male population. Its products are already in sell in different countries of the world apart from Australia like New Zealand and Vietnam. It also has its presence online and its stock of products can be discovered through its website. The company is thinking of expanding its business and looking to export its products to South Africa. This study entails about performing a feasibility analysis and the different marketing strategies that are needed to be employed by Mr. Simple to launch its products successfully in the South African market. The primary goal or objectives of the company are to increase its revenue generation through opening up of different retail garment stores in various feasible locations of South Africa. Various market entry modes that can be employed in case of entering the South African market and how it can be beneficial for the company have been discussed in this study. Identification of the target market in South Africa is also important and has been included in this study. The marketing mix strategy involving the appropriate products, places, prices and promotional strategies to be employed by the company has also been discussed in this study. The primary competitors of Mr. Simple Company have also been identified and the corresponding competitor analysis has been performed in this study.

Conclusion

Mr. Simple Company has been successfully running its business in Australia, New Zealand and Vietnam. Its decision to expand its business in the South African market does not promise to be a good prospect for the company to help it increase its international presence and enhance its profitability in a significant manner. The primary objectives of the company are to increase brand awareness amongst the South Africans, increase its revenue and open up three retail garment stores in different parts of South Africa. The target customers have been identified to be males in the age group of 15 to 35 years. Fashionable and casual garment products would be offered to the targeted customers in South Africa. The market trend analysis performed in this study indicates that the youths in South Africa are attracted towards various clothing brands and with proper brand awareness the company can be successful in increasing its brand loyalty amongst the youth generation of the country. Various strategies that are needed to be taken up by Mr. Simple to make an entry into the South African market have been discussed in this study. The company would try to employ a competitive pricing strategy to launch its products in the South African and various promotional activities using internet and newspapers as a medium to advertise its products can prove to be beneficial for the company. The competitor analysis performed in this study indicates that the main competitor of the company is Markham along with different other potential competitors like Romens, Fabiani, Rockport, etc. Thus the marketing feasibility study performed in this paper indicates that launching of the products of Mr. Simple in South Africa is not viable because the high tariff rate coupled with low income average of the South African population narrows down the target market of the company and it would not be that profitable for Mr. Simple.

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Hi, I am looking for someone to write an article on international economics: the fundamental objects of european monetary system Paper must be at least 1000 words. Please, no plagiarized work! It was an arrangement/mechanism by which the exchange rate between the member countries in the European Union can be stabilized and inflation rate between the countries can be reduced. The working of the system is made possible by the interaction of three elements, which are given below (The European Monetary System)

Currency stability had been a concern among major countries since the Second World War and finally found a solution through a system of a fixed exchange rate, called Bretton Wood System. Bretton Wood System was collapsed in early 1970, but European leaders were keen to stabilize the exchange rate as opposed to another system called floating rate of return. It was organized in 1979 to stabilize foreign exchange and counter inflation among members. Periodic adjustments raised the values of strong currencies and lowered those of weaker ones, but after 1986 changes in national interest rates were used to keep the currencies within a narrow range. In the early 1990s, the EMS was stressed by the conflicting economic policies and conditions of its members, especially the newly reunified Germany, and Britain permanently withdrew from the EMS

In 1994 the European Monetary Institute was constituted as a transitional step in establishing the European Central Bank (ECB) and a common currency. The ECB, which was established in 1998, is responsible for setting a single monetary policy and interest rate for the adopting nations, in conjunction with their national central banks. Late in 1998, Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain cut their interest rates to a nearly uniformly low level in an effort to promote growth and to prepare the way for a unified currency.

On January 1, 1999 when the Euro was first launched in electronic form, it replaced the European Currency Unit (ECU) made up of defined quantities of twelve EU members at the rate of ‘one ECU equal to one Euro’, as of January 1, 1999. The national currency units of member states were automatically re-denominated to Euro on December 31, 2001.

The working of EMS

The main responsibility of EMS is to keep the exchange rate of a member country’s currencies within bands. In fact, the very aim of creating the EMS was the stabilization of the exchange rates of the participating countries by means of the Exchange Rate Mechanism (ERM). A maximum limit of 2.25 percentages was allowed for countries to fluctuate the exchange rate (European Monetary System, 2007)

This was designed to help create stable commerce without the fear that sudden changes in the values of currencies would dampen trade and encourage the development of trading barriers between member states. “It also created a European Currency Unit (ECU) to be used as a unit of account. Although not a real currency, the ECU became the basis for the idea of creating a single currency – an idea that was realized with the launching of the Euro in 1999”.&nbsp.

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