What Is a Global Manager - 2649 Words

The answer is a network of specialists, not a individual. What is a Globai iVianager? by Christopher A. Bartlett and Sumantra Ghoshal In the early stages of its drive overseas. Corning Glass hired an American ex-ambassador to head up its international division. He had excellent contacts in the governments of many nations and could converse in several languages, hut he was less familiar with Corning and its businesses. In contrast, ITT decided to set up a massive educational program to globalize all managers responsible for its worldwide telecommunications husiness-in essence, to replace its national specialists with global generalists. Corning and ITT eventually realized they had taken wrong turns. Like many other†¦show more content†¦The global business managers overall go, is to capture the full henefit of integrated worl wide operations. To be effective, the three roles at the core of a husiness managers joh are to serve as the strategist, for his or her organization, the architect of i worldwide asset and resource configuration, and the coordinator of transactions across national borders. Leif Johansson, now president of Electrolux, the Swedish-based company, played all three roles successfully in his earlier position as head of the household appliance division. In 1983, when 32-year-old Johansson assumed responsibility for the division, he took over a business that had been huilt up through more than 100 acquisitions over the previous eight years. By the late 1980s, Electroluxs portfolio included more than 20 brands sold in some 40 countries, witb acquisitions continuing throughout the decade. HARVARD BUSINESS REVIEW September October 1992 Zanussi, for example, the big Italian manufacturer acquired by Electrolux in 1984, had built a strong market presence based on its reputation for innovation in household and commercial appliances. In addition, Arthur Martin in France and Zoppas in Norway had strong local brand positions hut limited innovative capability. As a result of these acquisitions, Electrolux had accumulated a patchwork quilt of companies, each witb a differentShow MoreRelatedWhat Are The Criteria That HR Should Look For When Selecting Global Expatriate Managers?758 Words   |  4 PagesWhat are the criteria that HR should look for when selecting global expatriate managers? The need for expatriate managers is increasing and â€Å"80% of midsize and large companies currently send professionals abroad—and 45% plan to increase the number they have on assignment.† (Gregersen, 1999) The cost for sending expatriates abroad is generally a costly venture for the organization with an expatriate employee package costing the organization two to three times the equivalent of a domestic positionRead MoreA Global Supply Chain Manager1036 Words   |  5 PagesThe work of a global supply chain manager is ever changing. These global supply chains must be fluid and responsive to keep with the changing landscape that is global business. Risk factors, consumer expectations, political change, and environmental concerns are many of the things that they must overcome. Planning, communication, and strong relationships can aid these managers in doing what the need to stay on top of all these challenges. The main goal of the supply chain is to provide the customer sRead MoreThe Success Factors Of Multinational Corporations1272 Words   |  6 PagesOne of the most essential success factor in multinational corporations is related with the organization’s group of extremely competent international leaders and managers who have the global knowledge of consumer demands for services as well as products in a world scale, the knowledge of production and service capabilities, and also who can influence others in spite of diverse cultural or political backgrounds that make them think, analyze, decide, act and communicate in a different way than the leaderRead MoreNew York Times Columnist Thomas Friedm The Inexorable Integration Of Markets, Transportation Systems, And Communication Systems849 Words   |  4 Pagesever before.† (Friedman, 2002). Corporations can no longer operate exclusively in one or two countries. Today’s markets are far too complicated and interdependent for that. As globalization expands managers spend more and more time navigating the world to conduct business. Managers are responsible for using resources, including personnel, to ensure a company’s success by meeting its overall goals and objectives. This alone can be a challenge, but when operations cross national bordersRead MoreGlobal Team1436 Words   |  6 PagesINDIVIDUAL ESSAY â€Å"What are the characteristics of effective teams? What challenges do managers face in managing global teams? How should those challenges be handled?† 25st of November 2011 Student number: B00600693 Words: 1145 The purpose of this essay is to examine the characteristics of effective teams as well as the challenges faced by managers to lead global teams. It will also analyse how these challenges should be handled. It will provide a definition of an effective and global team. To beRead MoreAcer, Inc. – Taiwan’s Rampaging Dragon1432 Words   |  6 Pagesindustry changed from high profit margins to low profit margins almost overnight. This made it difficult to make a profit from the completed products. Shih expanded and setup Regional Business Units (RBU) which developed global brands in order to turn the company around. Shih’s global expansion included joint ventures â€Å"in less hotly contested markets in Latin America, Southeast Asia, and the Middle East. By 1995, it was the top-selling computer brand in Mexico, Bolivia, Chile, Panama, Uruguay, ThailandRead MoreThe Global Economy Has Changed The Way The Corporations Do Business Today1622 Words   |  7 PagesLeaders hip in a globalizing world. The global economy has changed the way the corporations do business today. The melting of trade barriers among nations and their increasing inter connectedness, accelerated by technology has brought a profound impact on global business. The expanding global environment has extended the reach and goals of the companies with greater access to wider markets. Managers are looking to globalize operations, developing new markets for their products for better strategicRead MoreGlobal Marketing Of Cholesterol Lowering Drugs As Therapy776 Words   |  4 PagesCompetition in global marketing is consistently increasing, the marketing manager must be knowledgeable in the category of global marketing. Global marketing encompasses how marketing to one area of the world differs from the other parts of the world creating markets to the toughest to reach customers. As a marketing manager, one must be able to analyze the economy and how different parts of the world respon d to multiple marketing techniques. This paper will critique the following article â€Å" Global MarketingRead MoreThe Tools And Skills Used By Managers Functioning815 Words   |  4 PagesAbstract The goal of this paper shall be to examine the tools and skills used by managers functioning in a business operating on a global scale. This essay will also touch on the impact of managers and their decisions on the globalization of business as a whole. Managers of today require aptitude in the use of technology, understanding of culture, and implementation of certain skillsets in order to be successful. This paper will draw from the text of Carpenter, Taylor, and Erdogan (2009) as wellRead MoreThe Role Of A Manager For Any Capacity At A Business904 Words   |  4 Pages There are many challenges when playing the role of a manager in any capacity at a business. Managers need to be able to make informed decisions that can have financial or personnel impacts, they need to fully understand and implement all organizational policies, and they need to manage and drive employee performance. Managers are in a state of perpetual assessment. Performing these tasks in one country and one culture is challenging enough, but from an ethical point of view, there is a pretty

Short Story - 998 Words

There we were: a dilapidated bench in Parc Bryn Cegin, myself only a haircut and a hip transplant from my eighteen-year-old self, and Kenny, portly and bald from head to toe, resembling the Michelin man or maybe an alopeciac. Both of us were still in our all-blacks, with matching hand-carved oak boxes clenched between our thighs. â€Å"Might as well start from the beginning.† Out came the same boyish squeak I remembered crying for help during an amphetamine-fueled dip in the Thames one shrill night in the Spring of 1962. â€Å"8 October, 1978: ‘My dearest Kenny, so happy you’ve finally caught up with our old arses and made the jump across the pond. Someone has to keep the music alive, eh? Rolfe and I decided today the name for our second daughter:†¦show more content†¦I’m sure his heart would’ve given out on him eventually, the way he was. But the shite he got himself into with the crown†¦who knows. Lou says he was on some diplomatic trek to the Ukraine. My youngest brother thinks he offed himself after Clara left him and the feds can’t stand the embarrassment, a well-standing air marshal. I’m sure I won’t live to see the truth, so I’m trying not to dwell.† â€Å"That’s a bloody leap from heart failure.† â€Å"And a bloody lot of interest from a man who missed his funeral for a concert.† Kenny looked at the ground and took a breath of cold Welsh air. â€Å"Look, Rolfe. Truth is†¦I couldn’t have made it out there. Believe me, I wanted to.† After a good few moments choking on the hair of my beard, I yanked a crumpled ball of parchment from the depths of my box. As was her nature, Shobana hardly matched Kenny in his dedication to organization. Until this point, I’d accounted his tremors to the Bangor weather. As happens at my age, I had quite a circle of friends and acquaintances stateside suffering from some degree of MS. I should have pinned it out in Kenny from the moment he took stage at the chapel. I guess my mind was occupied. We sat in silence until the nicotine once more got the better of me. â€Å"I’ll tell you, Shobana spoke holy hell about you taking the job with the Bangor Philharmonic, but she never could figure out why. Now it’s all coming together. Can you play anything?†Show MoreRelatedshort story1018 Words   |  5 Pagesï » ¿Short Stories:  Ã‚  Characteristics †¢Short  - Can usually be read in one sitting. †¢Concise:  Ã‚  Information offered in the story is relevant to the tale being told.  Ã‚  This is unlike a novel, where the story can diverge from the main plot †¢Usually tries to leave behind a  single impression  or effect.  Ã‚  Usually, though not always built around one character, place, idea, or act. †¢Because they are concise, writers depend on the reader bringing  personal experiences  and  prior knowledge  to the story. Four MajorRead MoreThe Short Stories Ideas For Writing A Short Story Essay1097 Words   |  5 Pageswriting a short story. Many a time, writers run out of these short story ideas upon exhausting their sources of short story ideas. If you are one of these writers, who have run out of short story ideas, and the deadline you have for coming up with a short story is running out, the short story writing prompts below will surely help you. Additionally, if you are being tormented by the blank Microsoft Word document staring at you because you are not able to come up with the best short story idea, youRead MoreShort Story1804 Words   |  8 PagesShort story: Definition and History. A  short story  like any other term does not have only one definition, it has many definitions, but all of them are similar in a general idea. According to The World Book Encyclopedia (1994, Vol. 12, L-354), â€Å"the short story is a short work of fiction that usually centers around a single incident. Because of its shorter length, the characters and situations are fewer and less complicated than those of a novel.† In the Cambridge Advanced Learner’s DictionaryRead MoreShort Stories648 Words   |  3 Pageswhat the title to the short story is. The short story theme I am going conduct on is â€Å"The Secret Life of Walter Mitty’ by James Thurber (1973). In this short story the literary elements being used is plot and symbols and the theme being full of distractions and disruption. The narrator is giving a third person point of view in sharing the thoughts of the characters. Walter Mitty the daydreamer is very humorous in the different plots of his dr ifting off. In the start of the story the plot, symbols,Read MoreShort Stories1125 Words   |  5 PagesThe themes of short stories are often relevant to real life? To what extent do you agree with this view? In the short stories â€Å"Miss Brill† and â€Å"Frau Brechenmacher attends a wedding† written by Katherine Mansfield, the themes which are relevant to real life in Miss Brill are isolation and appearance versus reality. Likewise Frau Brechenmacher suffers through isolation throughout the story and also male dominance is one of the major themes that are highlighted in the story. These themes areRead MoreShort Story and People1473 Words   |  6 Pagesï » ¿Title: Story Of An Hour Author: Kate Chopin I. On The Elements / Literary Concepts The short story Story Of An Hour is all about the series of emotions that the protagonist, Mrs. Mallard showed to the readers. With the kind of plot of this short story, it actually refers to the moments that Mrs. Mallard knew that all this time, her husband was alive. For the symbol, I like the title of this short story because it actually symbolizes the time where Mrs. Mallard died with joy. And with thatRead MoreShort Story Essay1294 Words   |  6 PagesA short story concentrates on creating a single dynamic effect and is limited in character and situation. It is a language of maximum yet economical effect. Every word must do a job, sometimes several jobs. Short stories are filled with numerous language and sound devices. These language and sound devices create a stronger image of the scenario or the characters within the text, which contribute to the overall pre-designed effect.As it is shown in the metaphor lipstick bleeding gently in CinnamonRead MoreRacism in the Short Stor ies1837 Words   |  7 PagesOften we read stories that tell stories of mixing the grouping may not always be what is legal or what people consider moral at the time. The things that you can learn from someone who is not like you is amazing if people took the time to consider this before judging someone the world as we know it would be a completely different place. The notion to overlook someone because they are not the same race, gender, creed, religion seems to be the way of the world for a long time. Racism is so prevalentRead MoreThe Idol Short Story1728 Words   |  7 PagesThe short stories â€Å"The Idol† by Adolfo Bioy Casares and â€Å"Axolotl† by Julio Cortà ¡zar address the notion of obsession, and the resulting harm that can come from it. Like all addictions, obsession makes one feel overwhelmed, as a single thought comes to continuously intruding our mind, causing the individual to not be able to ignore these thoughts. In â€Å"Axolotl†, the narr ator is drawn upon the axolotls at the Jardin des Plantes aquarium and his fascination towards the axolotls becomes an obsession. InRead MoreGothic Short Story1447 Words   |  6 Pages The End. In the short story, â€Å"Emma Barrett,† the reader follows a search party group searching for a missing girl named Emma deep in a forest in Oregon. The story follows through first person narration by a group member named Holden. This story would be considered a gothic short story because of its use of setting, theme, symbolism, and literary devices used to portray the horror of a missing six-year-old girl. Plot is the literal chronological development of the story, the sequence of events

The Great Depression Essay Research Paper by free essay sample

The Great Depression Essay, Research Paper by steve Carson AMERICAN HISTORY THE Great DEPRESSION Though most Americans are cognizant of the Great Depression of 1929, which may good be # 8220 ; the most serious job confronting our free endeavor economic system # 8221 ; , few know of the many Americans who lost their places, life nest eggs and occupations. This paper briefly states the causes of the depression and summarizes the huge jobs Americans faced during the 11 old ages of its span. This paper chiefly focuses on what life was like for husbandmans during the clip of the Depression, as portrayed in John Steinbeck # 8217 ; s The Grapes of Wrath, and tells what the authorities did to stop the Depression. In the 1920 # 8217 ; s, after World War 1, danger signals were evident that a great Depression was coming. A major cause of the Depression was that the wage of workers did non increase at all. Because of this, they couldn # 8217 ; t afford manufactured goods. We will write a custom essay sample on The Great Depression Essay Research Paper by or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page While the mills were still fabricating goods, Americans weren # 8217 ; t able to afford them and the mills made no money ( Drewry and O # 8217 ; connor 559 ) . Another major cause related to husbandmans. Farmers weren # 8217 ; t making to good because they were bring forthing more harvests and farm merchandises than could be sold at high monetary values. Therefore, they made a really little net income. This deficient net income wouldn # 8217 ; t let the husbandmans to purchase new machinery and because of this they couldn # 8217 ; t produce goods speedy plenty ( Drewry and O # 8217 ; connor 559 ) . A new program was created called the installment program. This program was established because many Americans didn # 8217 ; Ts have adequate money to purchase goods and services that were needed or wanted. The installment program stated that people could purchase merchandises on recognition and do monthly payments. The one major job with this thought was that people shortly found out that they couldn # 8217 ; t afford to do the monthly payment ( Drewry and O # 8217 ; connor 559 ) . In 1929 the stock market crashed. Many Americans purchased stocks because they were certain of the economic system. Peoples started selling their stocks at a fast gait ; over 16 million stocks were sold! Numerous stock monetary values dropped to fraction of their value. Banks lost money from the stock market and from Americans who couldn # 8217 ; t pay back loans. Many mills lost money and went out of concern because of this great calamity ( Drewry and O # 8217 ; connor By the 1930 # 8217 ; s, 13 million workers lost their occupations which is 25 per centum of all workers. The inkinesss and unskilled workers were ever the first to be fired. Farmers had no money and weren # 8217 ; T capable of paying their mortgages. Americans traveled throughout the state looking for a topographic point to work to back up themselves and their household ( Drewry and O # 8217 ; connor 560-561 ) . John Steinbeck, born in 1902, grew up during the Depression near the fertile Salinas Valley and wrote many books of fiction based on his background and experiences during that clip and country of the state. One of his great plants would be the Grapes of Wrath In this book, Steinbeck describes the husbandmans predicament during the Great Depression and drouth. When the rains failed to come, the grass began to vanish. As the husbandmans watched their workss turn brown and the soil easy turn to dust they began to fear what was to come. In the water-cut gullies the Earth dusted down in dry small watercourses. As the crisp sun struck twenty-four hours after twenty-four hours, the foliages of the immature maize became less stiff and vertical ; so it was June and the Sun shone more ferociously. The brown lines on the maize foliages widened and moved in on the cardinal ribs. The weeds frayed and edged back toward their roots. The air was thin and the sky more pale ; and every twenty-four hours the Earth paled. ( qtd. Steinbeck 2-3 ) . The husbandmans worst frights were realized when their maize and other harvests began to decease. The dust became so bad they had to cover their oral cavities with hankies so they could breath ( Steinbeck 3- When the drouth hit the Great Plains and the dirt turned to dust, many husbandmans moved to California because they could no longer farm their land ( Drewry and O # 8217 ; Connor 561 ) . The drouth began to impact other parts of the state. In 1930, Virginia # 8217 ; s belt of fertile land dried up. Ponds, watercourses, and springs all dried up and the great Mississippi River H2O degree sank lower than of all time recorded. Small husbandmans every-where began to experience the drouth. Their little gardens were ruined and their maize harvest was cut about down to nil. The hay and grass needed to feed their farm animal was no longer available. They now faced a major job -how to feed their farm animal. The silos were quickly emptying and the barns in many instances were empty. The husbandmans were terrified that the authorities provender loans wouldn # 8217 ; t be available to maintain the farm animal from deceasing. In many instances, the Red Cross was doing allowances for provender to maintain alive farm animal ( Meltzer 121 ) . The little husbandmans of fruit trees and vegetable workss depended on others who ran canneries to bottle and can their green goods. The people they depended upon were the same people that hired scientists to experiment on the fruits and veggies to come up with better tasting and giving green goods. Therefore the little husbandmans were dependent on these same rich landholders for about everything. They couldn # 8217 ; t harvest their green goods on their ain so they sold it to the rich landholders and therefore made really small money on their green goods ( Steinbeck 444-447 ) . The husbandmans found themselves in debt caused by the purchase of land, tools, animate beings and other points bought on recognition. This recognition was due to the bank and when the husbandmans found them- egos unable to refund the debts the bank took off everything they had # 8211 ; their land, places, animate beings and equipment. When the Bankss took over, they went in with tractors and destroyed everything on the farms which included their places and barns. This is best por- trayed in Steinbeck # 8217 ; s description of how the tractors destroyed everything in its manner. # 8220 ; The Fe guard spot into the house corner, crumbled the wall, and wrenched the small house from its foundation, crushed like a bug ( 50 ) . # 8220 ; In the small houses the renter people sifted their properties and the properties of their male parent and of their grampss # 8221 ; ( Steinbeck 111 ) . This describes how after many coevalss of farming on their land these people had to garner their belongings and memories and so seek to sell whatever they could. The husbandmans were so desperate for money that they had to sell for literally pennies.Steinbeck describes the despairing conversation of a husbandman to a persepective purchaser # 8220 ; Well, take it-all junk-and give me five dollars. You # 8217 ; rhenium non purchasing merely debris, you # 8217 ; re purchasing junked lives # 8221 ; ( Steinbeck 112 ) . The despair for work and money became so bad that they were willing to work for every bit small as was offered merely so they could hold some kind of occupation and do any sum of money. Soon it was a battle for life or decease ( Steinbeck ) . In a despairing hunt for a occupation husbandmans moved themselves and their households all over the state. As people wandered the state looking for work they were unable to populate in one topographic point. Large Numberss of stateless people led to Hoovervilles. The husbandmans and their households had to construct places out of anything that they could get as Steinbeck describes # 8220 ; The South wall was made of three sheets of rusy corrugated Fe, the east a square of moldy rug tacked between two board, the North palisade a strip of roofing paper and a strip of tatterdemalion canvas, and the west wall six pieces of burlap plundering # 8221 ; ( Steinbeck 310-311 ) . The places were normally near H2O beginning so they could hold H2O to imbibe from, cook and rinse their vesture ( Steinbeck 311 ) . To cut down the figure of people seeking occupations or necessitating aid, the authorities decided to seek to come up with some kind of alleviation. Among other things, they limited in-migration, returned 100s of Mexicans life here, and sought other methods to assist the husbandmans. Hoover # 8217 ; s Federal Farm Board urged husbandmans to works less so that monetary values would travel up but at that place was no encouragement to make so.From 1920 to 1932 farm production did drop 6 per centum but monetary values fell ten times as much-by 63 per centum. Farmers watched monetary values hit new lows-15 cents for maize, 5 cents for cotton and wool, pigs and sugar 3 cents, and beef 2.5 cents ( Meltzer 123 ) . With farm monetary values so low, most husbandmans, populating under the fright of their mortgages, knew that Oklahoman or subsequently they will lose everything. In 1932 the husbandmans declared a vacation on merchandising. They picketed roads inquiring people to fall in the. They gave off free milk to the hapless and unemployed instead so allow it botch because they refused to sell it. A thirty-day vacation on farm merchandising was begun August 8 and extended indefinitely ( Meltzer 125 ) . In December 1932, 250 husbandmans from 26 provinces gathered together for a Farmers National Relief Conference. They announced that they demand alleviation from creditors who threaten to brush them from their places and land ( Meltzer 126 ) . In May 1933, the Agricultural Ajustment Act was passed. The purpose of this act was to raise the farm monetary values by turning less. The husbandmans were paid non to utilize all the land to works harvests. The money came from revenue enhancement on Millers, meat baggers, and other nutrient industries. In June of that same twelvemonth the Farm Credit Act was passed. This act helped husbandmans get low involvement loans. With this act, husbandmans wouldn # 8217 ; t lose their farms to the Bankss that held the mortgages. The husbandmans who lost their farms already would besides have low involvement loans ( Drewry and O # 8217 ; connor 569 ) . The Great Depression was the terminal consequence of World War I. It affected the rich and hapless alike, mill workers and husbandmans, bankers and stockbrokers. In short, it affected everyone ; no 1 was left untasted. But of all the people hurt, husbandmans were the worst off. John Steinbeck chose to compose about husbandmans trusting that Americans would acknowledge their predicament and rectify the state of affairs. The Great Depression is known to be the worst economic catastrophe in U. S. history. For this ground, the Depression caused many people to alter their thoughts about the authorities and economic system.

Somethingness free essay sample

It is 10:30 pm, and I have far passed my bedtime. But a magazine spread on Egyptian mummification lies before me, blocking the clock from view. All I can see is what the yellow ochre light from my nightstand has to offer. My petite fingers grasp it like a lifeline. My young eyes soak in every glossy page, every black-print word, every gold-filled photo. But as I continue, I stop thinking of the journey of the Egyptian after-life. Instead, I envision foreign hands scooping brain from my nose, soaking my skin in preservatives, and trapping my body in the tomb forever. I realize for the first time in my life that death exists, not just in stories, but for me too. Within the hour, my eyes flush red with tears. â€Å"Mommy? Mommyyy?† It takes a while, so I continue to cry. Bed-ragged and squinty-eyed, my mom tries to coax me to sleep. We will write a custom essay sample on Somethingness or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I agree on one condition. â€Å"Throw that magazine out?† â€Å"Yes, sure, now go to sleep.† Years later, the mummy’s eyes still meet mine head-on. Though I shut my eyes to keep them away, they return to reveal that my life is finite. My young mind tries to ponder the cruel chill of nothingness. What is it? The world erases me from its surface? I am something now and nothing later? I cannot stand it. I have realized, since that one night of staying up late, that my reasoning is false. I am nothing now, and I fear the continuation of nothingness. As a child, I sometimes thought that the earth under my house would suddenly collapse in my sleep. Hardly a soul would notice I am dead. It is as if I never existed. But what if I become something now? There are no rules in death, but there are infinite rules in life. Is nothingness always the result? So what defines nothingness? What defines somethingness? Nothingness is having neither care, nor thought. It is wallowing amongst millions of others. It is playing silently along with the cycle of life. Somethingness is teaching your little sister her first multiplication tables, and later teaching the other how to count in Chinese. Somethingness is not admitting that you know nothing of the Bible, but admitting that you are willing to learn. Somethingness is exploration. It is realizing your body can dance like a machine. It is noticing that smudges on paper can resemble a human face. It is picking up on the geometry of nature with surprise on the accidental perfection. It is embracement. It is rewinding environmental history, to the point of its original richness. It is fast-forwarding cultural bigotry, to the point of its eventual extinction. It is taking years in life to learn common manners taught in kindergarten. Somethingness is staying up past your bedtime reading about dead bodies being cut and pasted and no longer fearing this fate, in favor of somethingness.

The GDP of Japan †emerging economy

The GDP of Japan – emerging economy Introduction Gross Domestic Product, commonly abbreviated as GDP, is used as the measure of economic growth and development for national economies. It is also called the Gross National Income (GNI). The GDP measures the national income of a given country.Advertising We will write a custom report sample on The GDP of Japan – emerging economy specifically for you for only $16.05 $11/page Learn More In essence, Japan is a manufacturing economy and is considered as one of the most competitive economies in the world today. Japan competes with the United States economy and other developed economies in Europe such as the United Kingdom1. Japan is one of the largest economies in the world in terms of production of goods. It comes third after the United States and China respectively. However, for the purpose of this report, Japan will be considered as an emerging economy because of the recent flops in its economy. It is not considered as an economy that is com ing from scratch, but rather, from an economic downturn. This view is taken from the assessment of the Japanese economy in the year 2011 by the Bank of Japan. According to the World Bank Group, the economy of Japan has been showing positive economic outlook and coming out of the economic witnessed two years earlier. This view is based on a number of economic indicators that were noted in the year 2011 by the Bank of Japan. These indicators include the recorded rise in the overall production, as well as increased exports. These two indicators are the major signs of a performing economy2. With an increase in production and exports, the country is often on the positive side of balance of trade and balance of payments. Prior to the recent positive developments in the Japanese economy, the economy suffered due to a strong currency – the yen. The strong yen has been causing a shrink in exports by Japan.Advertising Looking for report on business economics? Let's see if we c an help you! Get your first paper with 15% OFF Learn More Though slightly recovered, the economy of Japan is still being affected by deflationary forces. However, strong monetary policies are aiding in cushioning the economy thereby putting it back on track3. Gross Domestic Product of Japan in 2011 The GDP is calculated through the addition of the total sum of consumption expenditure, added to the total investment expenditure, plus the government expenditure, minus the net exports. This can be represented as [GDP = C + I + G + (X-M)]. The net export is the difference between exports and imports and is a very important segment of the GDP formula. It determines the real worth of the economy relative to the international economy. The GDP is calculated on an annual basis. This is done after a cycle of 365 days, and it marks that total expenditures for both the final products and services produced and consumed by the country. The GDP of Japan in 2011 In the year 2011, the Gross Domestic Product of Japan totaled to 5867.2 billion United States Dollars. This is according to the figures availed by the World Bank. The GDP of the country was at 8.87 % of the GDP of the entire world economy. This according to the World Bank group 2012 denotes one of the highest preforming economies in the world. Private consumption expenditure The private consumption expenditure of Japan stood at 282.7263 trillion Japanese yens. This was boosted by the growth in the income of households due to a strong economy and positive prospects of growth4.Advertising We will write a custom report sample on The GDP of Japan – emerging economy specifically for you for only $16.05 $11/page Learn More Investment expenditure The total public investment expenditure of Japan stood at 0.2 trillion Japanese yens5. The government of Japan leads in the investment initiative within the country. The government spends a lot while investing in research and developme nt within the country. Government expenditure 2011 The total government expenditure in Japan in 2011 was 96.7 trillion Japanese yens. The expenditure of the government is high because the government focuses on two major dimensions of investment. These include investment in research and development, as well as real projects6. Exports Total exports for Japan in 2011 were 800.8 billion US dollars. There was a growth in from the previous year due to increased trade relations between Japan and major trading giants in the world like China. Imports The total imports into by Japan in 2011 were 794.7 billion US dollars. A high percentage of its imports came from China, which is one of its biggest trading partners. Graph of GDP of Japan in a decade The figure below is a graph of the GDP of Japan from the year 2000 to 2012. From the Graph, it is notable that the economy of Japan has been experiencing an increasing trend in economic growth. This is denoted by the increase in GDP each year from the year 2009 to the year 2012.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Source: The World Bank, 2012. Business cycle and economic development of Japan in 200s The characteristics of an emerging economy are usually denoted in the measures of GDP within that economy. These include the investment expenditure, consumption expenditure, government expenditure, and the net exports of that country. Increase in the production and exports are major milestones in economic development. As for Japan, there has been a notable increase in production as the economy picks up from the stagnated growth experienced due to economic shocks. Also, the country has worked on maintaining and even increasing the export of its manufactured goods mostly electronics and automobiles. This has helped to maintain a strong balance in the balance of trade records of Japan. Trade is the main basis on which economic development is always pegged. Therefore, a country that shows prospects of having a strong economy must be very active in international trade. Japan is indeed an icon not only in manufacturing, but also in the real global trade. Japan has been keeping a strong presence in the international market. Japan has maintained the production of standard goods that meet the demands of the market. This helps in sustaining and maintaining the country within the competitive markets. Japan has managed to penetrate the world’s strongest markets like the United States, Europeans Union and the ASEAN market. Japan is also penetrating the new and promising regional markets of developing economies like Africa, South America and Asia. As of today, Japan has established strong and sustainable trade relations with many countries in the entire continents of the world. With more prospects of raising its production potential, Japan will undoubtedly become of the strongest economies in the world in respect to GDP. Japan can fall in the top group of countries in the word that are heavily investing in technological development. The high investment in technology is the reason why the company is innovative enough to produce varied and high quality products. Technology has sustained the manufacturing sector of the Japanese economy helping it match with such sectors belonging to the most economically competitive countries. Trends in Japanese government expenditure in the recent years The public expenditure is a very important aspect in economic development of a state. The public spending is dictated by various factors including the economic targets and challenges facing the country. In general, Japan has been witnessing a high rate of government expenditure in the economy. This is in order to keep the economy at par with the other developed economies. The expenditure by the Japanese has accelerated from the year 2008. This is partly because of several economic situations and conditions that have been hounding the nation. The first reason for the increased expenditure by the Japanese government in the recent times is the worldwide economic recession. The gov ernment had to cushion itself for the shocks of the recession. One way of doing that was to make the economy considerably proactive. This would enable it to develop strengths to mitigate the economic shocks arising from the international financial market. The other factor, which has led to the rise in government expenditure, is the natural disaster that rocked the country in early 2011. The government had to release a lot of money in the economy to help in mitigating the effects of the disaster to the economy of Japan7. Conclusion Japan has one of the emerging strong economies in the world despite the numerous challenges to the economy. The GDP of Japan is projected to attain more growth in the coming years basing on the trends that have been witnessed over the past five years. Bibliography BBC News, Japans economy emerging from lull, says Bank of Japan, 2011, retrieved https://www.bbc.com/news/business-12461377 Mourdoukoutas, P, The new emerging Japanese economy: Opportunities and strategies for world business, Thomson/South-Western, Mason, Ohio, 2005. Organization for Economic Co-Operation and Development (a), Government Final Consumption Expenditure in Japan (JPNGFCEADSMEI): Main Economic Indicators, 2012, retrieved https://fred.stlouisfed.org/series/JPNGFCEADSMEI Organization for Economic Co-Operation and Development (b), Private Final Consumption Expenditure in Japan (JPNPFCEQDSNAQ): Main Economic Indicators, 2012, retrieved https://fred.stlouisfed.org/series/JPNPFCEADSMEI Sexton, RL, Exploring Macroeconomics, Cengage learning, Mason, Ohio, 2012. Footnotes 1 P, Mourdoukoutas, The new emerging Japanese economy: Opportunities and strategies for world business, Thomson/South-Western, Mason, Ohio, 2005, p 25 2 P Mourdoukoutas, The new emerging Japanese economy: Opportunities and strategies for world business, Thomson/South-Western, Mason, Ohio, 2005, p 28 3 BBC News, Japans economy emerging from lull, says Bank of Japan, 2011. 4 Organization for Economic Co-O peration and Development (a), Private Final Consumption Expenditure in Japan (JPNPFCEQDSNAQ): Main Economic Indicators, 2012. 5 Organization for Economic Co-Operation and Development (b), Government Final Consumption Expenditure in Japan (JPNGFCEADSMEI): Main Economic Indicators, 2012. 6 Ibid 7 RL Sexton, Exploring Macroeconomics, Cengage learning, Mason, Ohio, 2012, p 34

State Facts in Spanish Using the Indicative Mood

State Facts in Spanish Using the Indicative Mood In addition to traditional verb tenses, such as present and past tense, there are three moods that are also used in Spanish. These verb tenses reflect the way a sentence is constructed. The most common mood in Spanish is the indicative mood, which is used in ordinary, typical speech when making statements. In Spanish and English, the three moods are indicative, subjunctive, and imperative.  The mood of a verb is a property that relates to how the person using the verb feels about its factuality or likelihood. The distinction is made much more often in Spanish than it is in English. In Spanish, the indicative is referred to as the ​el indicativo. More About the Indicative Mood The indicative mood is used to talk about  actions, events, or true statements. It is typically used for making factual statements or describing obvious qualities of a person or situation.   In a sentence such as I  see  the dog, which translates to veo  el perro, the verb veo is in the indicative mood. Other examples of the indicative mood include  Irà ©Ã‚  a casa, which means, I  will go  home, or compramos  dos manzanas, which translates to we  bought  two apples. These are both statements of fact. The verbs in the sentences are conjugated, or changed into forms that reflect the indicative mood. Difference Between Subjunctive and Indicative Mood The indicative mood contrasts with the subjunctive mood, which is often used in making subjective or contrary-to-fact statements. The subjunctive mood is used to talk about  desires, doubts, wishes, conjectures, and possibilities, and there are many instances of its use in Spanish. For example, If I  were  young, I would be a soccer player, translates to,  Si  fuera  joven, serà ­a  futbolista.  The verb fuera uses the subjunctive form of the verb,  ser, to be. The subjunctive mood is rarely used in English. For a rare example of the subjunctive mood in English, the phrase if I  were a rich man refers to a contrary-to-fact condition. Note, the verb were does not agree with the subject or object, but here, it is used correctly in the sentence - since in this case, it is being used in the subjunctive mood. The  Spanish language seems to have no problem using the  verb in the subjunctive mood when the corresponding English sentence (in almost all cases) will use the indicative mood.   Use of the Imperative Mood In English, the indicative mood is used nearly all the time, except when giving  direct commands. Then, the imperative  mood  comes into play.   In Spanish, the imperative mood is used mostly in informal speech and  is one of the more unusual verb forms in Spanish.  Since direct commands sometimes can sound rude or impolite, the imperative form may be avoided in favor of other verb constructions. An example of the imperative mood would be eat, as in a mother directing her child to eat. In English, the word can stand alone as a sentence when used in this way. The verb comer means, to eat in Spanish. This sentence would be stated simply as  come or  come  tà º.

Commercial Property Law Essay Example | Topics and Well Written Essays - 2250 words

Commercial Property Law - Essay Example Any conflict between the parties shall be resolved in consonance with the tenor of the contract, the spirit and letter of the relevant laws as well as applying common law principles and judicial interpretation rendered by courts or tribunals on similar issues. The interpretation of the parties’ rights and obligation in contractual relationships vary and oftentimes the interest of one party may cloud its judgment thus it is important that independent minds should offer impartial opinions to aid the parties in making informed decisions. It is in this context that our firm was commissioned by Tomes Limited (Tomes) to evaluate its standing in a leasehold agreement whether its posturing against the landlord is valid. The account was assigned to me for appropriate action. II. Factual Background The leasehold contract over an Old Victorian Townhouse was constituted on 1 April 1997 for a period of twenty five years where rent review shall be made at the end of the 5th, 10th and 15th y ears of the term provided that such intention is communicated to the tenant within the 5th, 10th and 15th years. The break clause option is available to either party provided that notice shall be given to the other party during the first six months of the 15th year. The leasehold states that the â€Å"tenant shall put and keep the premises in tenantable repair to include the decorations, wall-surfaces, window frames, glazing, and casements.† The Landlord and Tenant Act 1954 shall be applicable as no effort to exclude its operation was undertaken by the parties. Tomes assumed the lease three years ago and utilizes the demised premises as a book shop—an activity which is not prohibited by the user clause. Its peaceful occupation of the demised properly was interrupted when the landlord demanded that Tomes undertake repair on the cracks in the corners of and right across all the ceilings after a structural inspection revealed that cracking has been caused by flexion of fl oor joists induced by the load imposed by book shelves. The engineer who conducted the structural investigation concluded that the joists may not have been permanently damaged by the load but nonetheless recommends the installation of steel reinforcement of the joists in the floor voids along with load reduction as the upper floors are not particularly well suited to the demands of book storage. III. The Opposing Views The controversy escalated when the landlord insisted that the reinforcement works as recommended by the engineer should be executed by Tomes pursuant to the repairing covenant and its obligation to repair any damage to the demised premises caused by it. The landlord further argues that without the works, the premises cannot properly be used as a book shop. Tomes disagrees claiming that the repairing covenant covers only cosmetic facade and the installation of steel reinforcement cannot be characterized simply as a cosmetic enhancement but one that requires structural repair. Tomes further refuted the move of the landlord for rent review as the review was not timely initiated within the period specified in the leasehold thus estoppel set in. Tomes suspects that the persistence of the landlord to ascribe fault against it is brought about by his recent acquisition of the controlling share in Volumes Limited (Volumes for brevity), a specialist book-seller which needs new retail premises. It would appear that the landlord wants to get Tomes out of the way to install Volumes in the premises