Essay On Hurricanes - 865 Words

It was August 25, 2017. Craig, his wife Sarah, and their cats, Mimi and Carol, were in their living room of their one story house watching the news in Houston, Texas at about 12:00pm. The news was talking about the weather for that day. All of the sudden, the electricity went out. The house was starting to flood. Sarah had been on her phone, texting her friend. Sarah lost internet connection so she decided to go do something else. She started to read a book, but then she remembered that she needed to pack for her trip the next day. She went into their room to pack a few things for the trip. Then, the master bedroom started to flood. Sarah ran out of the room and went to get the radio. Sadly, Sarah couldnt find it. Her husband was†¦show more content†¦You could smell all of the chemicals in the water. Craig knew that he wouldnt be able to drink the water. The smell of the water was so horrid, that Craig and Sarah had to plug their noses. Craig accidently got some water in his mouth, and spit it out immediately. The water tasted awful! It tasted like salt water with chemicals in it! The water had garbage, oils, chemicals, acids, and other objects that the couple couldnt figure out what they were since the water was as mucky as a dirty fish tank. Craig started pushing the raft to get away. Sarah sat on the raft to keep the cats happy. Craig didnt mind seeing as Sarah was pretty light. A few hours later, Craig was still pushing the raft. He then saw a small place next to a worn down casino that Sarah and him could stay. He pushed the raft over to the spot. The two set up. We are under a roof! Sarah screamed quietly, but happily. Yes we are, replied Craig. Craig placed the cats on the ground and opened their carriers, but they moved closer to the back wall. Once they finished setting up where they would stay for the next few days, Sarah lay down to take a nap. Craig decided that it would be better if he stayed up in case they were forced to move their spot again. A few hours went by before Sarah woke up. Once she woke up, it was 9:00pm. The two ate something and then went to bed. A couple of days later, the water finally retreated and the couple started to get ready to go home. Once they gotShow MoreRelatedHurricane Essay1485 Words   |  6 Pages26, 2009 Essay Assignment GE-253 Hurricanes Have you ever heard tropical storms pushing winds up to 200 mph and causing destruction everywhere? A true beast of nature we call a hurricane. These hurricanes can show up at any time to make a mess of things. To fully understand hurricanes we have to peer into the history, calculate the physics, plot the storm’s movements and actions, respect the power of such storms, and prepare ourselves if a storm is headed our way. A lot of hurricanes have happenedRead MoreHurricane Essay1197 Words   |  5 PagesWould a Massive Hurricane Mean To NYC In my community of New York City it is unlikely for a major hurricane to hit. Its only happened a handful of times in history. If a major superstorm hit our city it would be considered a Noreaster. Noreasters are intense storms that can cause heavy snow, rain and oversized waves that can cause beach erosion and a low level storm surge and structural damage. The intensity of the wind gusts associated with these storms can exceed hurricane force in intensityRead MoreEssay on Hurricanes1596 Words   |  7 Pages Hurricanes nbsp;nbsp;nbsp;nbsp;nbsp;A natural hazard is when extreme events which cause great loss of life and or property and create severe disruption to human lives, such as a hurricane. Editor Philip Whitefield brings up an important point in ‘ Our Mysterious Planet’ when he comments; ‘At a time when we know how to aim a space probe directly at Mars and trigger the gigantic forces of nuclear power, we are still at the mercy of hurricanes and volcanoes.’ It seems peculiar how we can beRead MoreHurricane Essay1125 Words   |  5 PagesWhat Would a Massive Hurricane Mean To NYC In my community of New York City it is unlikely for a major hurricane to hit. Its only happened a handful of times in history. If a major superstorm hit our city it would be considered a Noreaster. Noreasters are intense storms that can cause heavy snow, rain and oversized waves that can cause beach erosion and a low level storm surge and structural damage. The intensity of the wind gusts associated with these storms can exceed hurricane force in intensityRead MoreEssay On Hurricanes803 Words   |  4 Pages Summary The United States was recently been hit twice by two Category 4 hurricanes in Texas and Florida, which caused major flooding, houses to be ruined and both states needing a tremendous amount of clean up. The two hurricanes could cost the U.S. about $290 million. This will offset the national growth of the economy since August until the rest of the fourth quarter. This will not only affect the entire economy, but locally with higher unemployment, damage to forms of transportation, inflationRead MoreEssay On Hurricane1062 Words   |  5 PagesAround a month ago, Mother Nature unleashed its potential power towards the south of the United States. First, hurricane Harvey did a great damage on the Southern part of Texas as a Category 4. A few weeks later, another two major hurricanes, hurricane Maria and Irma, did the greatest damage in the Caribbean Islands. The good thing is the U.S government and many cooperation’s stepped in to help its American citizens because it’s the duty of the government. Therefore, FEMA (Federal Emergency ManagementRead MoreHurricane Essay933 Words   |  4 PagesOther estimates, however, indicate Andrew caused about $34 billion in damage overall.[37] As a result of damage in Florida and Louisiana, Andrew was listed as the costliest hurricane in U.S. history, but is now fourth following hurricanes Katrina (2005), Sandy (2012), and Ike (2008).[38] In the Bahamas, Andrew produced hurricane-force winds in North Eleuthera, New Providence, North Andros, Bimini, Berry Islands.[39] The storm first struck Eleuthera,[40] where it produced a high storm surge.[17] AtRead MoreEssay On Hurricanes1082 Words   |  5 Pagesnewspapers regarding the hurricanes was gathered and stored within a document. At the beginning of the research period, the primary focus was to find a variety news sources that each covered the hurricane news. This was a priority during the beginning stages of research because it was predicted that each news source would present the news of the hurricanes differently. Furthermore, allowing for better analysis of the storms. As the research period progressed, multiple hurricanes formed in various locationsRead MoreEssay On Hurricanes945 Words   |  4 PagesThe 2017 Atlantic hurricane season runs from June 1 to November 30. The area covers the North Atlantic Ocean, Gulf of Mexico and the Caribbean Sea. The National Weat her Service defines a hurricane as an intense tropical weather system with well-defined circulation and sustained winds of 74 mph or higher. Families in the states of Texas along the coast all the way up to Main have had to make a decision about what to do with their lives†¦leave or stay? Because hurricanes are inevitable, discussionsRead MoreEssay On Hurricanes949 Words   |  4 PagesHow a Hurricane Forms Within the past four months, we have had three devastating hurricanes hit the United States and the Caribbean. Hurricane is the name given to storms that form in the Atlantic or Eastern North Pacific. The scientific name is a tropical cyclone. Hurricanes are massive storms that prowl tropical seas. They usually form during the end of summer to the beginning of fall when vast stretches of the tropical ocean are heated by the sun. The end of the summer brings the most favorable

Seahorse Wordsearch, Vocabulary, Crossword, and More

Modern Political History of Israel and Iran - 1435 Words

Since World War II, religion has played a significant role in the modern political history of Israel and Iran. Both countries are self-defined theological states (Israel as a Jewish state, Iran as an Islamic state). Although the impact of religion changes across time and context, religion has largely defined political identity for both Israel and Iran. Yet, modern states are host to many paradoxes. Religion is important in defining these states, however the workings of each country are not always religious in practice. The State of Israel was founded in 1948 as a Jewish state. At the time of Israel’s founding, Jews made up only 32% of Palestine (Yiftachel, 58). In order to accomplish the goal of creating a Jewish state, it was imperative†¦show more content†¦The issues of marriage and military service exemplify how religion has and continues to affect Israeli political history. Yet like many modern states Israel exhibits many paradoxes. By definition Israel has succee ded in establishing itself as a Jewish state. Judaism has also permeated throughout aspects of culture and politics. However in practice, a large percentage of Israeli citizens are not religiously observant. According to the Israeli Central Bureau of Statistics, in 2009, 42% of Jewish Israelis identified as secular. That is in comparison to 8% ultra-Orthodox, 12% religious and 13% religiously observant (Shtull-Trauring, 2010). While a significant portion of Israeli citizens view Judaism as being important to their lives, the 42% of Israelis that identified as being secular indicates that although in definition Israel is a Jewish state, in practice religion is not important for many Israelis. The other self-defined theological Middle-Eastern state is the Islamic Republic of Iran. Since 1979, religion has played a major role in Iranian political history. When the revolution succeeded in 1979, despite it being a combined effort between religious and secular democratic factions, it was widely recognized that Shia Islam had been necessary to the success of the revolution (Majd, 6). As Majd says, â€Å"When†¦countless Iranians†¦voted in the yes-or-no ballot following the Shah’s downfall, we overwhelmingly chose an Islamic Republic. IslamShow MoreRelatedReligion And Politics : The Middle East Essay1007 Words   |  5 Pagespolitics, in part because political struggles have for centuries been understood as religious conflicts and in part because of the intimate ties of the three Abrahamic faiths in the region. The middle east is the birthplace of the world’s three Abrahamic religions – Judaism, Christianity, and Islam. The fact that religion and politics have a long history in the Middle East does not mean that religion is always, or even most of the time, a crucial factor driving political conflicts. Most of the politicsRead MoreCauses of Unrest in the Middle East Essay1145 Words   |  5 PagesThe Causes of Unrest in the Middle East The causes of unrest in the Middle East are historical, religious, economic and geo-political. Ancient history and ancient civilizations can serve as a framework for understanding some of the existing enmity. For example, the Persians (Iranians) and the Babylonians (Iraqis) have been fighting for more than 3,000 years. However, the current unrest in the Middle East is the result of Western ethno-centrism and colonialism (covert and overt), combined withRead MoreThe Iranian Hostage Crisis Of 19791667 Words   |  7 Pageswith the seizure of the American Embassy in Tehran by Khomeini-supporting Islamist students, who took 66 Americans hostage. Since the Western â€Å"realm† is held together by shared values and sense of community, amongst other features, and Khomeini’s Iran had proven itself to be not only an ideological threat to Westerners, but a security one as well as exemplified by the hostage-taking, Canada swiftly worked bilaterally to defend its realm by she ltering 6 American diplomats in the home of CanadianRead MoreThe Nuclear Agreement And Iran1274 Words   |  6 Pagesrecent global media is the Iran Nuclear deal that took place in the spring of 2015. Americans for months have been conflicted on President Obama’s approach to a country that seems so far away from my own life. Curious to critically learn about the origins of this nuclear agreement and Iran’s international relations history with the rest of the world, I took the initiative to research this topic further and expand my global knowledge. Through research, I was able to analyze history and diplomatic relationsRead MoreThe, The Party For God Essay1556 Words   |  7 PagesHezbollah To some Hezbollah, the â€Å"Party for God†, is a political group fighting for nationalism and to others, particularly western cultures; Hezbollah is a very dangerous terrorist organization. Hezbollah is a Shiite Muslim group based in Iran and Southern Lebanon. They have an extensive network that crosses international borders and consists of everything from schools and hospitals to a television station. Hezbollah was formed following the 1979 Iranian Revolution. In the early ‘80s, there wereRead MoreThe Dual Legacies Of Discrimination Against Ethnic Minorities And The Country s Uneven Economic Development1301 Words   |  6 Pagesmovement. The dual legacies of discrimination against ethnic minorities and the country’s uneven economic development have created strong support in non-Persian areas for political reform. During recent presidential elections, the non-Persian electorate tilted heavily toward the reformist wing. Support for democratic political change among Iran’s ethnic minorities is likely to persist so long as the country’s periphery remains an economic backwater. Although the Iranian economy has been growing,Read MoreThe Tensions Between Iran And Israel2979 Words   |  12 PagesIsrael, due to the great rivalries it has created throughout the short time it has even been legitimized as its own nation, proves to have only been around since Worl d War 2. After the war in 1948, Israel proved itself to be considered legitimate by the United Nations. Taken under siege by multiple nations in the Middle East after being found legitimate, Israel proved itself to be in need of allies in order to ever sustain. Many countries even today refuse to see legitimacy of the nation of IsraelRead MoreThe Oil Embargo of 1972-19731247 Words   |  5 Pagesthough both events have an unquestioned place within the regions politics and history, they will not be part of this papers analytic structure. In lieu of that, it will talk about the 1973-1974 oil embargo and determine which theory could provide an explanation to such a move. This paper will elaborate on the previous embargoes used in the regions recent history, before thoroughly examine the 1973 embargo. Regional history (1956-1973) 1956  : Suez crisis and Iranian oil nationalization 1956 markedRead MoreThe Middle East: A Brief Overview Essay1116 Words   |  5 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;The Middle East is a region in Southwest Asia that includes the countries of Saudi Arabia, Yemen, Oman, U.A.E., Kuwait, Iraq, Jordan, Israel, Lebanon, Syria, Cyprus, Turkey, Iran, and Afghanistan. The aspects that make up all that is geography in the Middle East include physical geography, economic geography, religion, and human history. The Middle East is known for its physical geography, being the largest area of dry climate in the world. nbsp;nbsp;nbsp;nbsp;nbsp;Southwest AsiaRead MorePolitical Tensions Between The Islamic 30 Years War1637 Words   |  7 PagesAs they struggle to understand the different dimensions of the geo-political tensions between the Islamic republic of Iran and Sunni Saudi Arabia- a rivalry that has some sectarian elements to it, western security experts often resort to use of such terms like â€Å"Islam’s ancient blood feud† and the â€Å"Islamic 30 years’ war†. Useful though those terms may be and understandable as they are when the Middle East is viewed with a western lense, they fail to accurately capture the ground reality. The shiat

Christopher Columbus s Discovery Of The Disoriented...

I. INTRO: A. Attention Getter: Since Christopher Columbus’s discovery of the disoriented magnetic compass off the South-Eastern coast of the United States, more than 1000 people have vanished into what is called The Bermuda Triangle. For centuries, many have reasoned with their fears of the unknown only to coin it a mythical second name, The Devil’s triangle. B. Statement of Credibility: Through vast studying of oceanic research articles, I have found that the media overwhelms the general public with dramatic myth stories in such a way that the truth rarely makes it to readers. Scientist have now proven a methane gas hypothesis has been a major contributor to ships and planes losing their density needs. C. Thesis Statement: In†¦show more content†¦4. Size a. The triangle is 500,000 square miles. 5. Ocean floor a. 18,000 feet deep with turbulent streams. 6. Weather a. Tropical cyclones are very powerful and have claimed over 1,000 lives. 7. Gas explosions a. H. J. Gruy reports, methane hydrates released from the ocean floor creates a wide body of gas that dramatically reduces the density of water making it impossible to float on. TRANSITION: This concentrated area of the ocean is very complex. Let’s now examine a few of the more populated disappearances in the Bermuda Triangle. B. Famous plane crashes and shipwrecks that remain a mystery to this day. 1. Flight 19 a. Losing communications to the United States Navy, 14 airmen died after they became disoriented. b. In a rescue effort, using a flying boat, 13 more men would lose their lives searching for the wreckage of Flight 19. 2. USS Cyclops a. Since March 4 1918, the disappearance of the USS Cyclops remains the largest single loss of life at sea not relating to combat. b. 306 crew and passengers disappeared without a trace to this day. 3. Sister ships of USS Cyclops a. USS Proteus departed in high seas and disappeared with 58 people on board. b. After Proteus disappeared, USS Nereus also sailed into the triangle. 61 people on board along with the ship disappeared. TRANSITION: Many myths have inspired scientist to discover the real reasons of disappearances. There are many logical causes from human error, storms and even gases. But

Internationalization Strategies Free Essays

string(87) " largest South Korean conglomerates operating across a wide range of business sectors\." Introduction In early days of civilization, people in most of the cultures and societies across the globe use to live in families, growing their own food, making their own clothes and supporting their lives through various other self made goods. Then the population of the world increased, and production and distribution of goods began to improve. This advanced the dependence of people on others for making some products. We will write a custom essay sample on Internationalization Strategies or any similar topic only for you Order Now This dependence intensified further with people becoming specialized in producing certain products and doing certain works. This specialization and dependence formed the basics of the modern business system. Like people within a society who are dependent upon each other for some products and services, countries are dependent upon each other too. Countries across the globe have different specialization over others in producing certain products and services. Countries are either innately specialized in some areas due to their natural resources and geographical features, or achieve their specialization over some time with due diligence in some areas. However, despite achieving a certain level of economic independence, even some of the most developed countries in the world depend upon other nations for some products or services. For instance, most of the coffee consumed in US comes from Brazil, while Japan depends on other nations for most of its oil. The business activities that facili tate the exchange of products and services among different nations is referred to as International Business. The growth of international business (internationalization or global business) reflects the phenomenon of globalization. While a wide range of academic literature indicates that internationalization and globalization is advantageous, expansion of businesses across countries involves considerable challenges and difficulties (e.g. Kacker, 1986). These challenges and difficulties underscore the importance of an international business strategy specifically aimed at determining a favourable international market for expansion, choosing a viable market entry strategy, and formulating relevant business level strategies to steer the expanded business towards success. This essay evaluates the international business strategy of two retail giants Wal-Mart and Tesco. Considering the enormity of the subject of international business, this essay narrows its focus towards evaluating the international business strategy of these firms in context of South Korea. Global Retail Food Environment The global retail food industry has been enjoying a steady growth over the past few decades. It was estimated to be worth USD2, 000 billion by the year 2010 (Euromonitor, 2009). The retail food industry is mainly dominated by large hypermarket and supermarket retail chains with smaller businesses such as luxury foods retailers, and independent convenient stores having a very small market share (Euromonitor, 2009). It creates a favourable situation for some of the world’s biggest supermarket chains such as Carrefour, Wal-mart and Tesco, to pursue international expansion. The global retail food industry is increasingly being consolidated by some of these major market players. Wal-Mart and Tesco, both having considerable resources at their disposal, are in a sound position to expand their businesses to favourable overseas market. Among many emerging markets, South Korea is certainly a big opportunity for any such supermarket chain. FDI Strategy of the Host Market The foremost objective of an international business strategy of a company is to assess the favourability of the foreign direct investment strategy of a new market. Foreign companies usually take on resource and capital intensive projects of large scale and are thus concerned with the level of support afforded to them by host governments. The host governments, on the other hand look for benefits of the spill over effect of technological and capital influx brought by the foreign firms (Conyon et al., 1999). Historically, the economy of South Korea has been a closed one especially in terms of retail operations. It was not until 1988, that foreign ownership of a retail establishment was allowed in South Korea. In 1988, the government of South Korea initiated a number of 3-year open-up plans aiming to enhance the efficiency and productivity of the local retail sector. The foremost plan which was implemented in 1989 allowed for the establishment of subsidiaries of foreign companies in South Korea. The second plan of the open-up policy enabled foreign retailers to set up stores within a limited size of 1,000 sq m (Retail 360, 2012). The final plan of the open-up initiative further relaxed the number and size of retail outlets that could be owned by foreign companies. In 1993, foreign companies were allowed to open up as many as 20 retail stores with a maximum size of 3,000 sq m. However, it was in 1996, that the FDI policy for the South Korean industry was completely liberalized allowing foreign supermarket giants to expand their international business operations in earnest. Sensing this opportunity, both Wal-Mart and Tesco entered the South Korean market almost at the same time; with both adopting different international business strategies (Retail 360, 2012). Market Entry Strategy Upon liberalization of the South Korean market, Wal-Mart attempted to make its way into the new market by building its own stores in remote urban areas of the South Korean cities where real estate prices were relatively lower than the main commercial centres. It was a clear replication of Wal-Mart’s US strategy of smaller-city store build-up. Wal-Mart succeeded in opening up a total of only 16 stores in all of South Korea; with having only one store in the Seoul metropolitan area. With this, the company failed to achieve the economies of scale. Wal-Mart anticipated that the Korean consumers, like those in the US, would drive to its remotely located stores for bulk price shopping. However, this location strategy proved to be contrary to the South Korean consumers’ lifestyle and shopping behaviours. Korean consumers preferred buying smaller units of goods more frequently and thus favoured accessibility to a store more over bulk price buying (Retail 360, 2012). Unlike Wal-Mart, Tesco took a more gradual path of market entry. Tesco entered the South Korean market through a joint venture with Samsung. Samsung is one of the largest South Korean conglomerates operating across a wide range of business sectors. You read "Internationalization Strategies" in category "Essay examples" With this market entry strategy, Tesco benefited from Samsung’s knowledge and know-how of local market and consumers behaviours whilst limiting its focus upon transferring its core retailing skills to the South Korean market. Tesco did not try to replicate its British version of retail business in the new market. Tesco gradually increased its stake in its joint venture until it acquired 95% of its stake (Retail 360, 2012). Firm Size and Internationalization Management literature prescribes four fundamental business strategies and their coinciding business models for firm operating internationally. These are: Multinational organizational strategy: It resembles a ‘decentralized federation’, wherein each of the foreign subsidiaries of an organization can adapt the company’s products and services and even business strategies, to meet the local requirements of its international destinations. The head offices of those companies adhering to this strategy presumably maintain only financial controls over its subsidiaries. International organizational strategy: This type of strategy resembles a ‘coordinated federation’ wherein the head office of a business is determined to transfer its knowledge, expertise and technology to its subsidiaries in new markets. The subsidiaries is foreign markets depend upon the headquarters for developing products and services, processes and ideas; although some tasks and authorities are decentralized. The subsidiaries enjoy some autonomy regarding policies and business level strategies. Global organizational strategy: This strategy essentially forms a ‘central hub’ wherein the centre has a stringent focus upon marketing standardized product and services across the globe through a predefined unified strategy. The head office observes a tight control over all the business activities with foreign subsidiaries being strictly confined to the implementation of the policies and procedures of the head office. Their task remains to provide only sales and service. Transnational organizational model: It resembles an ‘integrated network’ wherein ideas and information flows both ways from the head office to the subsidiary and vice versa. This strategy is prevalent in knowledge organizations and information technology firms and knowledge organizations. (Kairimi and Konsynski, 1991; Hill, 2003; Johnson and Turner, 2003) Considering the above theory, business strategy of Wal-Mart in South Korea can be described as being of ‘global organizational strategy’. Wal-Mart, which entered South Korea in 1996, disappointed South Korean customers by sticking to its Western marketing strategies. The company insisted upon focusing more on dry goods, ranging from clothing to electronics, just like its American stores, while its rivals focused more on selling food and beverages which according to experts attracts South Korean customers to hypermarkets/supermarkets. Moreover, Wal-Mart stores followed their traditional store design, making them look too simpler in appearance than its local rivals. Its store simplicity was further marked by its display strategy in wherein it sold its products in boxes, while most of its rivals built eye-catching display with clerks appealing to customers over megaphones and through hand clapping like a traditional street market (Sang-Hun, 2006 a). For instance, Wal-Mart d isplayed fish wrapped in cellophane, disregarding the South Korean custom of buying fresh fish (alive in tanks). Furthermore, by applying US standards to its stores in South Korea, the company failed to alleviate various difficulties faced by its customers. For instance, adhering to the US standards, the height of the shelves at Wal-Mart stores was too high for short South Koreans (Sang-Hun, 2006 b). Meanwhile, the business strategy of Tesco, can be described as that of a ‘multinational organization’. The South Korean subsidiary of Tesco operates with complete autonomy in terms of its business strategy and approach, following an organizational structure of a decentralized federation. This approach is evident from the company’s articulated ‘Homeplus’ stores, which have relatively different features than those of Tesco’s home country stores. The chairperson of the company’s South Korean division appears to formulate and execute its business strategy with a stern local perspective; a key constituent for the business’s success in South Korea. The most critical challenge for any company undergoing international expansion is to take into account the cultural differences between its home and foreign market (see Hofstede, 1991, 2001).From the case of Wal-Mart in South Korea, it is evident that cultural habits and preferences play the most crucial role in determining the success or failure of a retail food business. In order to overcome this challenge, Tesco adopted a strategy to run its South Korean business in a strictly localized way. Pertaining to this strategy, the company employs a large number of local staff, even at its top most managerial positions. For instance, in 2008, out of its 23000 employees, only four of them were British; one of them being the regional director while the others were positioned at middle management (Davey, 2009). This strategy has proved to be very successful of Tesco. According to Martin Uden, the British ambassador to South Korea, the success of Tesco in South Korea is attributed to its stra tegy to run the business like a local one. He states that Tesco is just using its general retailing skills to run the company with a Korean approach (Davey, 2009). The company’s Homeplus format of stores is another reflection of its multinational business strategy. The Homeplus format stores are regarded as highly popular cultural centres as they facilitate community education within the premises of the hypermarkets. Overall, Homeplus stores in South Korea have more than 650 classes being conducted simultaneously to a school term in numerous subjects such as English and Chinese, Cookery and Ballet among others. In South Korea, sending children to private tuitions after school hours (called as ‘hakwons’) is a common practice. The provision of community education where children attend regular classes while their mothers occasionally accompany them for shopping is a highly successful approach. Apart from this, the Homeplus format offer sitting, resting and play areas for children. Moreover, instant snacks such as noodles and others are served at the corners of various aisles throughout the stores (Davey, 2009). South Koreans value the street market shopping experience along with the convenience of a hypermarket offered by Homeplus store. Such customer-focused approach which has been very popular in South Korea is achieved by the company’s overall international business strategy. Conclusion The opening up of South Korean market and its favourable FDI policies paved way for the international expansion of large multinational retail chains within the South Korean market. Wal-Mart chose to enter the new market with complete ownership of its subsidiaries, anticipating its success based on its homeland experience. Meanwhile, Tesco treaded the new water more carefully by choosing to enter the new market through joint venture, and gradually increasing its stake in the business. The international business strategy of Wal-Mart and Tesco differed starkly in regard to the South Korean market, with the former adopting a standardized approach, adhering to a global organizational strategy while the latter following a customized approach for the expansion in South Korea, adhering to a multinational business strategy. The standardized approach adopted by Wal-Mart failed to deliver the level of success desired by the company, leading to its ultimate exit from the South Korean market in the year 2006. Tesco, on the other hand, continued to progress and succeed in its South Korean market, acquiring a 95% stake in its joint venture with Samsung. It can be concluded that when there are stark cultural differences within the home country and the new target market, a multinational firm should best adhere to a multinational organizational strategy rather than adhering to a standard global strategy for international business. This is not to say that this perspective is the si ngle factor behind the success and failure of Tesco and Wal-Mart in South Korea. Various other factors usually intertwine to determine the success or failure of a firm in an international market. However, this perspective can be considered as the leading cause behind it. References Conyon, S. Girma, M. Thompson, S., Wright P. (1999). The Impact of Foreign Acquisition on Wages and Productivity in the UK; Centre for Research on Globalisation and Labour Markets, School of Economics, University of Nottingham Czinkota, M., Ronkainen, I. and Moffett., H (2005) â€Å"International Business†, Wiley. Davey, J. (2009) Tesco enjoys a Korea break with Homeplus. The Sunday Time {online} http://www.thesundaytimes.co.uk/sto/business/article183991.ece (cited on 28th December, 2012) Euromonitor, (2009)Euromonitor International {online} http://www.euromonitor.com/ (cite on 9th August, 2012) Hill, (2003) in Lan, C. (2005) â€Å"Global Information Society: Operating Information Systems In A Dynamic Global Business Environment†, Idea Group Inc Johnson, D. and Turner, C. (2003), â€Å"International Business: themes and issues in the modern global economy†, Routledge Kairimi and Konsynski (1991) in Lan, C. (2005) â€Å"Global Information Society: Operating Information Systems In A Dynamic Global Business Environment†, Idea Group Inc Mckinsey Quarterly (2002) Taking Tesco global: David Reid, deputy chairman of Tesco, the United Kingdom’s largest grocer (2002), explains his international strategy. {online} http://www.mckinseyquarterly.com/Strategy/Globalization/Taking_Tesco_global_1221 (cited on 28th December, 2012) Retail 360, (2012) Korean retail therapy for foreign chains Tesco , Wal-mart and Carrefour International Retail Consultants {online} http://retail360uk.wordpress.com/2012/05/27/korean-retail-therapy-for-foreign-chains-tesco-wal-mart-and-carrefour/ (cited on 28th December, 2012) Sang-Hun, C. (2006 a) Wal-Mart quitting South Korea {online} http://www.nytimes.com/2006/05/23/business/worldbusiness/23shop.html?_r=0 (cited on 28th December, 2012) Sang-Hun, C. (2006 b) Wal-Mart quitting South Korea {online} http://www.nytimes.com/2006/05/22/business/worldbusiness/22iht-won.html?_r=0 (cited on 28th December, 2012) How to cite Internationalization Strategies, Essay examples

Accounting in Context

Questions: 1. When you think of the accounting profession what comes to your mind? 2. What contextual factors do you think could influence the accounting profession? 3. Describe the people you expect to interact with as an accountant? 4. What role do you think you should play in contributing to your community as an accountant? 5. What might the clients and fellow employees expect of you as an accountant? 6. What skills do you think you should possess to be a successful accountant? Answers: 1. In the beginning of the semester, when I thought of the accounting profession, the initial idea that strikes my mind is related to technical jobs. As I have accumulated knowledge regarding accounting information system in my course, the accounting profession was about operating various complex accounting systems and handling technical work like making journal entries, evaluating financial information and developing financial reports. However, during my course of curriculum, I have learnt that the profession of accounting is much more in contrast to technical jobs. At present, whenever I think about this particular profession, the initial thing, which comes into mind, is the top four accounting organisations. Moreover, the accounting profession also covers various aspects like auditing, taxation and assurance. Thus, seeking entry into one of those organisations has become my dream. Along with this, after listening to the Xero presentation, I am aware of the rising significance of technology in the profession of accounting and thus, the trend of future development is accounting information system and cloud computing. 2. According to the past learning, I have a thought that the single contextual factor affecting the profession of accounting is the prevailing regulations. In Australia, the accounting profession and organisations need to follow the requirements laid down on the part of Australian Accounting Standards Board (AASB, International Financial Reporting Standards (IFRS) and Australian Securities and Investments Commission (ASIC). Besides these, an accountant is required to take into account the influence of policies and rules. However, I have now realised other contextual factors like economic environment, politics, society, culture and globalisation have direct influence on the accounting profession. Thus, a broad group of contextual factors in both external and internal environment of the profession of accounting and the accounting professionals have direct influence on the same. 3. As an accountant, I could interact with my fellow colleagues and managers, as teamwork plays a significant role in the process of accounting. As I came to know about the top four accounting firms in my college seminars, I recognised that effective interaction with the clients is crucial for an accountant. This is because these organisations carry out the accounting activities, which are one-to-one, based with specific clients like auditors, shareholders and suppliers. 4. In order to carry out my accounting work, I believe delivering accurate and faithful financial information is necessary for the users for making decisions regarding the organisation. As per ACCA, the accountant role has been increasing with respect to technical demand and conformance to the financial reporting standards. In addition, the current day accountants are encouraged with ambitions of higher career coupled with career progress prospects. This knowledge has been obtained from the seminars because of the industry partner address. In addition, an accountant needs to possess effective leadership skills and the role of the individuals in performing accounting work. Furthermore, according to CIMA, the accountants now-a-days are focusing on building analytical skills rather than entering data and developing financial reports. 5. I need to behave ethically for assuring the interest of the firm in order to meet the expectations of the clients and fellow employees. Along with this, these individuals have some sort of expectations regarding my competence, technical ability, interpersonal skills and leadership abilities. An accountant is needed to maintain effectual time management and balance of work life to carry out different accounting activities. Finally, it is crucial for me to understand the significance of cultural differences and needed skills for preparing presentations. Such presentations would deliver greater value in the current business environment. 6. According to ACCA, I have accumulated knowledge regarding the various issues, which an accountant face for maintaining balance of work life, idleness and gap in market of service demand. The other issues faced on the part of an accountant are related to cyber safety, sustainability, ethics, digital commotion and reporting standards. In addition, the challenges also arise for the accountants based on their specialisation areas. For instance, an accountant doing taxation specialisation would keep a record of the annual regulatory changes, which the government of Australia undertakes. Hence, the above-mentioned skills are needed in order to be successful as an accountant.

Energy, Metabolism, and Cells Essay Sample free essay sample

Photosynthesis is the procedure that reasonably much every being on Earth demands. because of the foods produced which is needed in order to populate. Plants capture the energy from the Sun and converts it into nutrient that is needed by all workss and animate beings ( including us as worlds ) . In this procedure the chemical reaction which is known as photosynthesis. it takes the sun’s energy and chlorophyll found in chloroplasts in the green foliages of workss. to turn inorganic C dioxide into glucose ( sugar ) to do O which we all need to populate. So. when animate beings eat the workss. and take the C in the sugars. inside their cells they take the energy from the nutrient. this is cellular respiration. which takes O ( merchandise of photosynthesis ) and makes C dioxide ( besides used in photosynthesis ) . it so gives energy by interrupting down the nutrient molecules. this is the nexus between the two. We will write a custom essay sample on Energy, Metabolism, and Cells Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page There are two types of cellular respiration ; aerophilic and anaerobiotic. Both use the same stairss. where the sugar created during photosynthesis is broken down. ( Audesirk. T. . Audesirk. G. . and Byers. B. ( 2008 ) A procedure known as ethanediol sis occurs. However they differ in that one uses O and more energy and one uses less energy ( or stored energy ) and no O. This biological molecule is used to hive away energy. When the chlorophyll takes in the sunlight’s energy it so turns it into chemical energy. like glucose. simple sugars and ATP ( Adenosine triphosphate ) . which is in all life cells. In the absence of O. the anaerobiotic cellular respiration occurs which is called agitation. In anaerobiotic respiration produces ethyl intoxicant ( Audesirk. et Al. 2008. p. 58 ) . We use agitation as a procedure in the devising of assorted nutrients and vinos. We use the intoxicant and barm to do certain nutrients and the procedure used is called agitation. Enzymes are protein molecules. We all need enzymes to populate ; they turn our nutrient into energy. Our organic structures of course have two sorts of enzymes digestive and metabolic. Enzymes are found in about every life cell. Metabolic enzymes are produce in several variety meats in our organic structures ; they help us to work in our thought. seeing hearing. and traveling. Digestive enzymes are found in our digestive piece of land and aid to interrupt down our nutrient. During this procedure these enzymes separate the nutrients foods which are kept and the remainder are turned into waste and discarded from our organic structures. Enzymes and substrates are found in the same topographic point. the substrate is a molecule that the enzyme onslaughts. the enzyme uses an active site to keep onto the substrate. so a procedure known as contact action occurs and this is when the substrate is changed or combined or broken down. and becomes something different. The enzymes return to work a nother reaction and the substrate is now a different merchandise. This is referred to as the lock and cardinal theoretical account. ( Audesirk. et Al. 2008. p. 59 ) . Enzymes can be regulated by many different ways. Since there is a demand to command the activity of enzymes some of the ways this is done is by temperature. activators. pH degrees and inhibitors. Mentions Audesirk. T. . Audesirk. G. . and Byers. B. ( 2008 ) . Biology – Life on Earth with physiology ( 8th Ed. ) . San Francisco. Calcium: Benjamin Cummings. Enzymes. Retrieved April 1. 2012 from hypertext transfer protocol: //www. biology-online. org/