Saturday, February 29, 2020

An analysis of emerging markets

An analysis of emerging markets Introduction According to Jensen, T.H and Larsen, J.A.K (2004) from Denmark National Bank, emerging markets are defined as â€Å"sets of markets where by its economic and financial potential become sharper, an average of 5% of annual growth, an improving purchasing power-adjusted exchange rate due to lower price levels in these emerging markets and a fluctuated economic growth which explains a relatively larger share of the global cyclical fluctuations than their economic weight would indicate†. According Cavusgil, S.T (2002) the main characteristic of an emerging economy is it has started economic reform process to alleviate problems and have achieved steady gross national product (GNP) per capita growth, regional economic powerhouse with large populations, large resources bases, and large markets, increasing middle income population and governments tend to promote easy fiscal and expansion monetary policy to encourage Foreign Direct Investments (FDI) and improve the living standards of its people. In this assignment, I have chosen China and Brazil as my choice of emerging markets. In my findings, I will discuss about business environments when doing business in these countries, suitable entry modes when dealing with different emerging markets and major business issues when entering emerging markets. In my conclusion, I will provide a conclusion and some recommendation when entering different emerging markets and justification on using different entry modes when dealing with different emerging markets. Findings These days, multinational companies are rushing into emerging markets for very obvious reasons. Emerging markets are full of potential with its untapped markets which has the ability to create new demand for consumer goods. This new wave of demand would help these multinational companies to gain more market shares and profits as liberalisation and globalisation forces are bringing the competition for customers into a higher level. With the satur ation of markets in developed economies such as US, multinational companies such as Ford’s Motor has turn to emerging markets such as India to maintain its position as one of the leaders in the automobile industry. (The Economists, 2009). Why are emerging markets so attractive to international companies? the worthiness of these emerging markets. PEST analysis will be conducted on China and Brazil. Political China has a fairly stable political stand these days. Its central government went through a political reform in 1978 and since promote openness in having political relationship with foreign countries. However even with its political reform, China remained as a communist State with high intervention by the central government on economy issues. (CIA FactBook, 2009). With its political reform, liberalisation forces sweep through the country where by exports, imports and FDI are moving in and out smoothly without much interference from the central government comparing to befor e its political reform. China also gained entry into World Trade Organisation (WTO) in 2001 and this represents that China has the obligation to act within the context of WTO when dealing with trade issues. China is country which emphasize on â€Å"guanxi† or good relationship. According to Financial Times Limited (2002), having bad relationship with the government officials mean cutting down the chances of entering China or having any good business prospects in this country as can be seen in the PepsiCo case.

Thursday, February 13, 2020

Evolution of the Stupa in Buddhist Architectural History Essay

Evolution of the Stupa in Buddhist Architectural History - Essay Example most of which were built by Ashok Maurya2. He is reported to have built about 84,000 stupas using the earthen bounds and other materials. However, some of these stupas were damaged later on during the break of Maurya Empire. The best-known stupas are those built at Sanchi, Gaya, Amaravati, and Barhut. However, stupas constructed at Sanchi by Ashoka (273-236 B.C.) are arguably the most striking and remaining stupas of the three3. Situated at the top of the hill, these magnificent stupas have been preserved to show the various stages that the Buddhist architecture and art have developed since the first stupa was constructed in the third century B.C. Report indicates that some of the stupas built by Ashoka at Sanchi were damaged during Maury Empire’s break-up4. However, the damaged stupas were later put up in the second century during the reign of Sungas. Unlike before where stupas were only preserved for important activities, stupas of the second century underwent improvements a nd enlargements, in which a stone railing was constructed around it5. In addition, the newly constructed stupas were embellished with several curved gateways. Le reveals that the Great Stupa is fitted with a large hemispherical flat-topped dome6. At the dome’s basement is a circular terrace, which is meant for circumambulation and an encompassing balustrade. The ground level, on the other hand, has a stone-paved procession gateway, as well as a stone balustrade and steps leading to the circular terrace. The stupa measures approximately 36.60 meters wide and about 16.46 meters tall7. Walls of this stupa are made of mud mortar and burnt ricks. However, it is thought that the elaborate curved Torana were constructed with either metal or ivory in the first century B.C. during king Satakarni’s reign8. This structure later went through different stages of improvements particularly in the fourth century A.D. during the reign of Gupta in which four additional Buddhas calmly si ted in the dhyana were installed at the four entrances. Another big stupa was constructed at Barhut in the 2nd century B.C. during the reign of Sunga. This stupa, like other stupas of this period, had a hemispherical dome made of bricks9. In addition, this stupa was surmounted by a shaft, which arguably signified the spiritual sovereignty of Buddhism. It is also evident that the railing surrounding the stupas is made of red sandstone.10 Moreover, scenes representing the life of Buddha and the Jataka Tales are curved on the entrance, uprights, crossbars, and pillars of the railings. Report also indicates that several other stupas were constructed during this period. In fact, one of the most striking features from the stupa found in Nagajunakonda and Amaravati show that stupas of the northern region were quite different in structure from those of the south11. In this regard, it is evident that there was a shift from the famous Buddhist style, which was purely based on the two dominant Buddhism- Mahayana and Hinayana. Le notes that different styles and trends were used here which gave rise to new forms of architecture such as a square and rectangular image shrine, quadrangular monastery a small stupa on a square platform and pillared hall12. Le notes

Saturday, February 1, 2020

Healthcare Essay Example | Topics and Well Written Essays - 250 words - 4

Healthcare - Essay Example In most cases, long-term care offers services to the older population since in most hospitals around the world they are the majority who stays longer in hospitals. The most common forms of long-term care are formal, and informal. Patients acquire these services either in hospitals or in their houses. With much changes taking place in long-term care services, administrators face tougher challenges that requires them to bring fresh skills to their jobs. Short-term care services are those that patients are given for a short period. They cover a wide range of services that help individuals, and their families to acquire convenient emergency care from the comfort of their homes. Sometimes elderly patients receive health care services from houses that are comfortable fully furnished. This is different in comparison to long-term care, which mainly takes place in hospitals (Kovner, 2009). The administrative concerns that one would have as a manager are such as the meals that the patients will be taking, the cleanliness of their rooms, and supervising how the service providers handle the patients. It is good to recommend the executives to improve more on their managerial skills and that of customer relationship management since this will help them know how to deal with both their patients, and employees. The recommendation for the team is to work towards offering care facilities in the hospitals. Nova Scotia. (2007). Dispute resolution in healthcare and community services collective bargaining (including acute, long term, and continuing care as well as ambulance services): Discussion paper. Halifax, N.S.: Nova Scotia, Environment, and