Friday, March 6, 2020
Importance Of Conservation And Preservation In Malaysia Tourism Essay Essay Example
Importance Of Conservation And Preservation In Malaysia Tourism Essay Essay Example Importance Of Conservation And Preservation In Malaysia Tourism Essay Essay Importance Of Conservation And Preservation In Malaysia Tourism Essay Essay Introduction Conservation and environmental protection are really of import in Malaysia. Environment stabilisation and keeping to guarantee that Malaysia create protection country for zoology and vegetations such as constitution of national Parkss. It is because input from natures resources are of import to economic. While environmental quality on the other manus is productive plus for society. Tropical natures are one of the of import assets to tourism sector of a state. As a state with equator clime, Malaysia has alone natures and island row. Recently, Malaysia started move frontward to go a developed state. Assorted sectors which become function theoretical account in order in development schemes for illustration industrial sector, agribusiness and touristry. Through touristry sector, Malaysia have introduced some natural topographic point which become focal point point for tourer as their diversion topographic point for the intent to kill their clip and for gratifying activities for illustration at national park, forest modesty and islands. Therefore, Malaysia afford make touristry sector as a major beginning of returns if the natures beauty can be ever maintained. At the same clip, touristry industry has betterment and turning clearly show that Malaysia has alone attraction. Besides that, multi racial people with different cultural stay peace in one state do Malaysia g o more alone and more attract outside tourer reaching and this is a beginning of net income for the state. Therefore cultural diverseness and humanistic disciplines is cardinal determiner in attract tourers. Table 1.1: Number of arrival harmonizing to nationality Sarawak Year Nationality 2004 2005 Malaya 2,092,704 2,248,829 Singapore 40,329 42,912 Australia and New Zealand 30,403 28,066 Canada 11,310 9.062 Hong Kong 1,100 593 India 12,924 12,426 United Kingdom and Ireland 44,267 42,136 Brunei 1,280,135 1,354,148 America 10,973 11,207 China 11,768 11,207 West Europe 19,268 18,729 East Europe 992 1,355 Filipina 104,341 101,521 Dutch east indies 379,477 449,327 Japan 10,245 9,142 Taiwan 8,283 7,472 Siam 17,189 17,994 Others 258,183 198,704 Entire 4,333,891 4,577,489 ( Beginning: Immigration Department, Sarawak ) Table 1.2: Number of arrival harmonizing to province Sarawak Tahun State 2004 2005 Kuching 779,135 859,320 Sibu 127,454 166,018 Abor 311,445 332,669 Bintulu 41,032 73,167 Limbang 243,762 238,465 Entire 4,333,891 1,669,639 ( Beginning: Immigration Department, Sarawak ) Apart from that, substructure installations is one of the factor of tourer reaching. It is because tourers will necessitate comfort and seek consolation when visit to a state. For illustration, many tourers who come to the Malaysia is to bask scenic beauty of the natures and the unique of cultural diverseness. So the comfortable of adjustment such as hotel, chalet and so on as a factor to pull tourist reaching. Accommodation installation drama of import function cause this will be a factor to find whether tourer will remain long or otherwise. Sarawak is the biggest province in Malaysia which celebrated with rich of assorted cultural groups of civilization and rich in history and heritage and besides known as Land of Hornbills. Sarawak non merely the largest province in Malaysia, it besides was the province that divide to a batch country and contain longest river in Malaysia, largest flower in the universe, largest moth in the universe, widen cave in the universe, oldest tropical rain forest and the first individual emerge in Southeast Asian available in Sarawak. This had show that Sarawak is alone and typical. Diversion topographic point in Sarawak consist of natural position country and cultural centres such as Sarawak Cultural Village. Sarawak Cultural Village popular with natural beauty among local and oversea tourers. The rich of ecology, biological and tradition in Sarawak Cultural Village truly astonishing. Therefore, attempts was being improved towards preserve ecology diverseness, biological and tradition in Cultural Village. It is because cultural diverseness and tradition of the local people able to pull a batch of tourers visit to this land of hornbills. Sarawak province so rich with assorted type of civilization and cultural such as Malay dance, Chinese and others ethnic in Sarawak which able to entertain tourer particularly those tourer that like to see community life in Sarawak. Since cultural small town started unfastened to see, so indirectly exist harm and pollution hazard to the natures and beauty scene. Therefore, cultural small town have to be preserve scenic beauty and traditional abode from threatened by homo. Sarawak Cultural Village Background Sarawak Cultural Village located at Damai Beach Santubong and about 35km from the province capital Kuching town and dubbed as life museum in Sarawak. Sarawak Cultural Village besides become a finish must be visited for those who first measure to Land of Hornbills. This life museum officially opened since February 1990. This life museum consists seven hectares broad and about 150 people populating in the small town which include seven cultural group viz. Bidayuh, Iban, Orang Ulu, Penan, Melanau, Malay and Chinese. And each ethnic have their ain life style and traditional civilizations for illustration the edifice of each cultural is different, longhouse of the Iban, Bidayuh and Orang Ulu, Melanau live at tall house while Chinese is farm house. Apart from that, the entryway fees to Sarawak Cultural Village show as Table 1.3. Table 1.3: Entrance Fees Entrance fees Class Sarawak citizen Not Sarawak Citizen Adult RM25 RM60 Children ( between 6-12 of age ) RM18 RM30 Student RM15 RM15 ( Beginning: Sarawak Cultural Village ) Figure1.1: Sarawak Cultural Village Location ( Sumber: Malaxi Damai Beach ) Cultural Bidayuh known as Dayak Darat achieve 8.4 per centums out of entire population in Sarawak. Majority cultural Bidayug stay in long house that located nearby incline of mountain and besides nearby river. Their house are made from board and bamboo with sago thenar roof. Tourists can bask long house life style when visit to this topographic point. Iban tribesman known as Laut Dayak which their long house construct built up with big life room and several bed room. This cultural most of import hoarded wealth courage. Every soldier able to kill enemy, will acquire grasp as warrior and greeted with usage dances. Hence, Penan life style is nomad manner means that disfavor stay in a topographic point with long clip. Therefore, their abode size besides rather little size. Apart from that, Orang Ulu like to construct house scattered in upland and river bank. While Melanau house is the most alone among other Sarawak ethnic, it is because their house is build up 40 pess tall from land, chief intent is to forestall onslaught by enemy and inundation. At the same clip, local cultural dance public presentation including Ngajat Lesong and Ngajat Pahlawan, cultural musical public presentation show in Theater Sarawak Cultural Village start from 11.30 oclock in the forenoon to 4.00 oclock in the afternoon, and every public presentation take 45 proceedingss long. Figure 1.2: Entire population with cultural Sarawak 2005 ( Beginning: Jabatan Penduduk dan Perumahan Malaysia ) 1.3 The Important of Conservation and Preservation natural resource and cultural in Malaya Tourist industry depends extremely on natural resources and cultural diverseness which has potency to advance and pull tourer reaching. Natures is one plus that used to pull tourers arrival to see beauty and feel new experience. Awareness on the of import of preserve natures in assorted degree ( authorities sector, private sector and society ) for constitution of several protected country. Establish Sarawak Cultural Village is one of the attack that used to do certain the topographic point that rich of ecology diverseness, biological and cultural heritage preserved and preserve for future coevals cause by clip base on balls. Since Sarawak Cultural Village unfastened visit to tourist in twelvemonth 1990, cultural small town record around 70,000 people visit per twelvemonth. Tourists get benefit while visit to cultural small town including position natures scenic, cultural heritage and handcraft and do assorted diversion activities and every bit good as research and acquisition besides. So their entry capable addition economic growing and besides Kuching capital development from the return of the cultural small town. Indirectly, cultural small town set up economic chances to society such as occupation chance, income degree and others Fieldss. At the same clip, touristry growing in Sarawak due to act upon development at that country. Therefore society nearby can bask high quality of substructure and installations. 1.4 Problem Statement General know that the beauty of natural scenic and rich of assorted tradition cultural drama different of import function and map. Conservation and keeping cultural small town concept need betterment but it involves high cost. Therefore, entrepreneur cultural small town enforce a entrance payment rate around RM60 for grownup non Sarawak citizen for the preservation and keeping intent. Harmonizing to policy shapers particularly authorities, whatever determination on resource use require information related cost and benefit. For illustration, preservation and keeping attempt, authorities require information about cost and benefit to do a determination whether executable or non. So, the issue is the benefit value from preservation and keeping could non be valued in finance signifier. That is, benefit value from the preservation and keeping merely can gauge in quantitative with utilizing construct Willingness To Pay ( WTP ) . The value of WTP on entryway fees to cultural small town typified their willingness pay apart from purpose enjoy recreational installation but besides preservation and keeping plan. Evaluation preservation and keeping plan divide to two facet viz. direct usage value and indirect usage value. Direct use value consists goods and services such as natural scenery and traditional dances of assorted tribesman. Indirect use value could non be valued in market in fact it more focus on ecology and biological science, tribesman abode and diversion protection. Therefore, preservation and keeping create indirect usage value to human and besides natures every bit good. Aim To analyze and gauge WTP value for the intent of preservation and saving Sarawak Cultural Village. To place those factor influence WTP for the cost of saving for air quality, scenic position. Tradition edifice in Sarawak Cultural Village. To analysis the of import of Sarawak Cultural Village to society s tradition Sarawak. To develop scheme to guarantee that keeping convey optimal benefit to society Sarawak. 1.6 Research Scope Data aggregation in this survey is refer to research design which primary informations collected through questionnaire method. Sampling point focal point at country Damai Beach, Santubong, country Sarawak Cultural Village. Entire respondent in this survey around one hundred and will utilize interview method based on nonsubjective survey. Respondent class chosen is single that has worked. Statistical Package for the School Science ( SPSS ) package will be used to reinforced consequence of the survey by looking relationship among each variables. 1.7 The Important of Research Since 1984, touristry industry show possible returns to economic growing. Hence, authorities had develop several program to better and enlargement touristry industry by set up a ministry particularly for cultural touristry able addition this industry by Tourism Development Company to advance and enlarge touristry market, installation betterment has been given for investing in this touristry industry. Investing for adjustment undertakings such as hotel and motel and substructure such as diversion centre and other installations were given innovator position or revenue enhancement inducement to authorities. Indirectly those inducements give growing to the state. Government recommend small town touristry was one of the new effectual option which this development merchandise is based on the natural resources and usage of different cultural. Nowadays, assorted schemes generated by authorities to advance natural touristry and the unique of usage as a new attractive force tourers. Therefore, tourers today more involvement with nature touristry, so authorities drama of import function in preserve and keep the quality of the diversion centre and nature in Malaysia can convey positive growing and give benefit to society every bit good. Besides can advance cultural small town which rich of natural environment, society indirectly besides can acquire the benefit and impact from this touristry scheme. From this surveies, preservation and keeping plan were of import to environment in Malaysia. Environment stabilisation or known as environmental sustainability encourage Malaysia develop more protection country to continue vegetations and zoologies in a certain park or forest. It is because input from natures is of import beginning to economic. While environmental quality on the other manus is productive plus to society. 1.8 Research Organization This undertaking paper will split to five chapters: Chapter 1 discuss about the of import of preservation and saving of the cultural country in Malaysia. Therefore, this survey will publish nonsubjective to accomplish the preservation survey. Apart from that, research range and methodological analysis besides be explained clearly in this chapter. Chapter 2 is portion to increase cognition in the capable country. Besides that, aggregation old surveies from others economic expert research worker as a mentions to place information and thoughts that relevant to this research. Chapter 3 focal points on depicting the associated methodological analysis in the analysis of the contingent rating for preservation and keeping of the Sarawak Cultural Village. Method that will be used is Contingent Valuation Method ( CVM ) . Furthermore, Statistical Package for the School Science ( SPSS ) package will be used to reinforced consequence of the survey by looking relationship among each variables. Besides, assorted trial will be run for the independent and dependent variables. Model will be use in this survey will be explained clearly in this chapter. Type of informations aggregation in this survey is primary informations through questionnaire method. Therefore, trying point focal point at country Damai Beach, Santubong, country Sarawak Cultural Village. Entire respondent in this survey around one hundred and will utilize interview method based on nonsubjective survey. Chapter 4 presents the information analysis consequence of the survey with different trial. Every determination will be elaborated clearly and executing in graph signifier and agenda. Interpretation of consequence will be stated in this subdivision. Chapter 5 is the last chapter in this survey. This chapter would be sum up the survey been discussed and provides information to develop policies and schemes to guarantee preservation and keeping plan on cultural small town continuously so that future coevals have opportunity to bask the benefit and economic value from this preservation.
Wednesday, February 19, 2020
MODEL TRENDS IN NURSING Essay Example | Topics and Well Written Essays - 750 words
MODEL TRENDS IN NURSING - Essay Example Accordingly, a larger volume of nurses should be trained and developed to grow their efficiency in sufficing the requirements of the community, and if required, must also be capable of addressing the needs of the acute care hospitals. Correspondingly, a primary objective, when focusing on the restructuring of the US healthcare sector, must be to enhance nursing practices in accordance with the needs of the community. In order to accomplish this aim, training the nurses with the application of Evidence-Based Practice (EBP) can be suggestible. This particular technique has been one of the major reasons for the successful performance of many of the healthcare units in the US. In accordance to this approach, evidence-based care shall further result in improved patient care as well as satisfaction of the nurses in the community level. EBP is also vital for healthcare practitioners and nurses owing to the fact that it acts as the foundation for disease management works (Saver, 2006). Anoth er practice enhancement mechanism that can be applied when aiming at restructuring the nursing trends in the US healthcare sector can be suggested as the Continuum of Care mechanism. It is among the vital aspects in the nursing practices that intend to augment the effectiveness of professionals. It directly focuses on the well being as well as the safety of the patients. The nurses involved in the healthcare sector will thus need to develop continuous care relationship with the patients through providing seamless services and simultaneously, seeking effective coordination and assistance from different departments of the healthcare unit (American Academy of Family Physicians, 2013). Hence, it can be argued that along with identifying the community healthcare needs, nurses should also be competent enough to work in cohesion with other departments of the community care hospitals. Scope for nurses from the restructuring Accountable Care Organizations (ACO) constitute of healthcare servi ce providers comprising doctors, nurses and hospitals who aim at working together to serve the community with efficient services. The roles played by nurses can be observed as quite vital in this group. The organization purposefully strives hard to ensure recognition for the nurses who deliver effective services, so that the nurses are satisfied in their profession and are able to deliver utmost care to the patients. Furthermore, the organization has reflected its endeavor to enhance effectiveness of nurses regarding to be included in this group (American Nurses Association, 2013). Medical homes can also be considered to add vital scopes to the success of nurses. Medical homes generally follow a team based delivery model that provides complete healthcare services to the patients focusing primarily on effective training of the nurses. It has increasingly become a new employment sector for nurses, offering them with complete assistance and benefits when serving the community (Sheridan , 2012). Apart from Accountable Care Organizations and Medical Homes, Nurse-Managed Health Clinics also provide vital opportunities
Tuesday, February 4, 2020
Human Resources Policy and Guideline implementation to MEGlobal Case Study - 2
Human Resources Policy and Guideline implementation to MEGlobal - Case Study Example The researcher states that the approach dictates the implementation strategy one may use when implementing solution recommendations. In finding solutions to this problem, there may be severe consequences. For instance, an employee may feel offended by the general perception of their hygiene in the office setting. The employee may terminate their working contract because their self-esteem may be lowered by their colleaguesââ¬â¢ remarks. Regardless of the solution achieved, this assertion may make it difficult for a human resource manager to come up with a proper implementation strategy for the solution. Human resource management is an activity based on how satisfied employees are by the working environment in an organization. According to Budd, human resource management requires total commitment from all departmental heads in an organization. However, human resource managers are given the obligation to ensure all employees are comfortable in the organization setting. Employee welfa re ranges from compensation strategies, wages payment, the general environment of the setting, and the organizational culture of the organization to the relationship among all levels of an organization. The authors further argue that fulfilling these wants depends on how well a management system is willing to fulfill these needs. The whole organization needs a human resource framework that covers the needs of the entire staff, in spite of the duty of the human resource manager to make sure employees are contented. With human resource practices developing at a high rate, it has become a downhill task to execute the needs of employees through implementing previous successful strategies.
Monday, January 27, 2020
Importance of strategic alliances
Importance of strategic alliances Introduction Strategic Alliances are becoming very popular in present scenario. In business environment these days alliances are becoming essential building blocks for companies to achieve more effective and efficient market place. This kind of cooperative arrangement helps organizations to achieve goals and objectives better through cooperation rather than competition. Seeing the importance of strategic alliances it is very important for the partners to form effective business relationship which helps in achieving cooperative objectives. Formation of alliances may encounter several problems that can affect further business relationships. This essay is divided into 3 parts. First part defines strategic alliances and steps in their formation. Second part identifies major problems in alliance formation with the help of academic theories and case studies. Third part discusses the importance of partner selection and gives examples of successful partner selection. Strategic Alliance Strategic alliance is an agreement between two or more firms or companies reaching on the objective of common interest. Strategic alliance is a trading partnership that enhances the effectiveness of the competitive strategies of the participating firms by providing for the mutually beneficial trade of technologies, skill, or products based upon them. These alliances can range from informal agreement to formal contract depends on the length of contract in which partners are involved in transfer of capital, technologies, and personnel. Alliances between partners consist of basically four necessary characteristics: 1 The two or more companies remain independent even after forming an alliance to pursue their objectives. The companies involved in the alliance share the common benefit, competitive advantage and manage the performance of task. The partner firms get involved in achieving common objective by contributing on a regular basis in one or more key areas of alliance, e.g. technology, product, personnel, etc. Trust is another characteristic that can evolves and develop between partners during the operation of an alliance which comes from the selection of right partner. Stages in Alliance formation 1). Purpose of alliance: There are various factors which are driving the companies to enter into alliances which are globalization of market, rapid change in technology, increased in competition, high cost of RD etc. Out of various corporative purposes there are eight purposes (Figure.1) on which companies are focusing for alliance formation. Four out of eight strategies- as strategic because these purpose impact on the competitiveness and future position of alliances. Other four purpose deal with the operational purpose. Purpose of Business Alliance Strategic Operation Figure 1. Purpose of Alliance 2). Motives and objectives of Alliance: Motive describes various reasons for which companies are going for alliances formation and how they achieve the desired objective. Motive for alliance formation can consist of cost advantages, decreasing risk and uncertainty, organizational learning, managing industry structure and timing. Objective of alliance deals with the outcome of the process. 3). Partner Selection: Partner selection plays a very important and vital role in the formation of alliance between the companies. Note: Please refer to the third part of this essay for more information about the importance of partner selection and relevant theories. 4). Types of alliances: Strategic Alliances are basically identified into two types: Alliances between non-competing firms Alliances between competing firms These both alliances are further divided into four types which are: Cartels, Competitive alliances, Co-operatives and Collaborative. Cartels This type of alliance is basically comes under competing firms involves in the operation purpose. This alliance operate in the businesses like diamond, petroleum, semi conductor chips producers dealing in field of product supply, price fixing or sharing common infrastructure. Competitive alliance This kind of alliance is generally between the companies or firms who are very strong rivals and basically competitors. It serves the strategic purpose and is specially designed for the companies dealing in global or regional geographical area. The companies in this alliance enjoy the competitive advantage. Some of the examples of competitive alliances are: GM and Toyota who are assembling automobiles; Siemens and Philips developing semiconductors etc. Co-operative alliance This alliance is applicable for non-competing firms focusing on operational purpose. companies share cost and facilities with customers or suppliers. They are involved in co-development or distribution of goods and services. Collaborative Collaborative alliances are common in non-competing companies involves in strategic objectives. The main purpose of this alliances is in the collaboration of activities like joint marketing efforts, entering new market, and developments of new technologies or new product between the companies. 5). Decision making and coordination between management: Many of the alliances fail due to the poor decision making by the management. For the success of alliance it is important that all members should agree on the specific decision, policy, rule etc. in the formation of alliance. Problems Encountered in Alliance Formation Strategic alliance is a popular choice for a company who wants to grow. Careful consideration on forming an alliance is a very crucial part for its success. Many recent studies discuss success factors of alliances and give less importance to the problems encountered in its formation. There is a danger for alliance to break because of problems arising at the very beginning of its formation. Seven of the major problems encountered in the formation of alliances are discussed below. 1). Difference in culture and attitude One of the biggest problems encountered by the partners in the alliance is the difference in culture. Alliance brings together two different international companies with their cultural differences like language, ego, manners, attitudes and approaches. Language barrier is an important problem in cultural mismatch. In alliance formation process companies have to communicate to each other. Language is one of the communication means. Companies are also differently operated based on lets say western and eastern manners. For example, companies in the USA evaluate their performance on the basis of profit and market share whereas companies in Japan evaluate their performance based on operations that they choose to make. Example case: The Rover/Honda Alliance Rover Honda alliance was formed in 1979. Poor management of Rover would need a good managerial example like for instance from Japan. Honda received the huge network of suppliers and got chance to learn European style. This alliance was formed for the strategic purpose and falls under competing type of alliance. These two companies are from different cultural backgrounds. According to Rover it took 6 years out of 10 to understand the business style of Honda. This alliance shows the importance of cultural background. Honda claims to waste this time in learning the culture of the company instead of putting all attention on business production and its introduction to the market. Thus the problem of cultural difference may be time consuming process and has to be considered at the time of formation of alliance. 2). Lack of Trust Lack of trust between the companies may cause firms not to make an alliance at all or to end it in a later process. Lack of trust brings the problem of lack of commitment in alliance. In order to form an alliance, companies have to see if they can trust each other. Trust reduces the uncertainty and risk in the alliance. Suzuki-Maruti Alliance This alliance was formed on October 2, 1982. Suzuki-Maruti alliance is a collaborative alliance. At the starting point Maruti had 74% of shares and Suzuki had 26%. However, after India opened the door for globalization venture, shares were changed into 50-50 partnership. However, after competitors entered Indian market the new expansion plan with 15 billion rupees was made. Suzuki requested raising the equity shares which gave wrong impression for Indian government that Suzuki wanted to take over them. However, as both companies realize the importance of trust, they decided that in every 5 years if chairman is chosen from Suzuki than managing director must be from Maruti and vice versa. This agreement was not followed by Maruti so courts had to solve this problem. This example case shows that trust can be broken later on. Its negative side resulted in the involvement of court. The reason for this situation may be poor trust at the start which grew into greater conflict or the trust was broken with time. In any case, companies have to consider the dangers and negative effects of lack of trust during the alliance formation or even afterwards. 3) Lack of Coordination between management Many alliances fail due to the poor decision making by the management. This is caused by the lack of coordination between management teams in alliances. In business practice it happens that members in alliance do not agree on the specific decisions. It happens sometimes that companies go for some major project on its own by applying their own marketing strategy for products without considering the other firm. In the formation of alliance it is usually agreed to decide on the commitments of top managements, but due to the poor management it may sometime affect the alliances in long term and results in failure. Example case: Queensland Minerals Limited At the time of venture it has been agreed that Boards of Director for Queensland Mineral must be 4 equally from both parent companies. And out of which VHI is responsible for managing the staff. Apart from that Amcon is responsible for sound financial practice and is more efficient than VHI. Further problem started with the management process in the alliance as Amcon wanted to expand Queensland Mineral Ltd. Whereas VHI did not want the expansion. As there was no proper coordination between management of both companies this resulted in the change of management structure. So finally they came up the result to make 50-50 management structure. 4). Operational risk This kind of problem arises in the later part of alliances but in order to come over this problem and for the successful alliance partners should monitor the operational risk. This problem is encountered by partners when they are involved in different trade practices. The main aim of alliances is to pursue the business to achieve the common goal. But when partners involved in business for the self interest like delay in production of good or not delivering goods on time may affect the other partner. This situation causes breakup of alliance or take over. Example case: Goodyear-Sumi-tomo Goodyear has a Joint production alliance with Japans Sumi-tomo. These two companies produce tyres for each other in different area, one in Asia and other in North America. They remain competitors in many markets. Being a competitors alliance will be in danger side and have more chances of failure because competitor will always remain competitors even if they have alliance. 5). Performance risk It consists of chance of failure of alliance if companies fulfil all the aspects for successful alliance formation. This performance risk may evolve from various environmental conditions like introduction of new policies by government, war, market condition like recession or demand and supply gap. On the other hand long term orientation has its own value in alliance. In this partner view the alliance as least semi permanent which means the condition which comes in future should be adapted as it is by partners. In order to come out of this problem partners should settle a reasonable, concrete objective at each stage of formation of alliance. Vodaphone and China Alliance These companies formed alliance on January 9, 2002. They made this alliance of RD of wireless data services. These companies consider all the possible forward-looking statement with known and unknown risks and uncertainty. They carefully consider the performance risk that there is a chance of unexpected events which may break alliance. In the annual report on year ended on 31 December 2000, the registration filed by the China mobile described uncertainty and risk for the future. If any of risk, uncertainty or assumptions were wrong it affects the future results and may differ from the expected. Still they were doing well in the alliance. This kind of alliance comes under competitive alliance type where both company serves the strategic purpose. 6). Relational Risk Relational risk deals with the chance that partners may lack commitment of the alliance and the partners are more intended to fulfil the self interest rather than common alliance interest. Relational risk is very important and unique in strategic alliance. At the formation of alliance companies should agree on certain points to overcome relational risk. If any decision is taken on marketing of product or new product development, the firms should not serve their own interests; rather they need to cooperate with each other. Example case: In 1993 U S West invested $2.5 billion in Time Warner Entertainment which a part of Time Warner Inc. This alliance went into problem in later part when Time Warner Entertainment signed various other contracts with other telecommunication industries like AT T. This will affect the U S West as these companies were come from its own local competitors. These all proposals are vetoed by U S West. 7). Risk of partner selection The last but not the least and consider to be very important problem or risk faced in alliances is partner selection. This is not an easy decision to take on selection as there are various criteria for choosing good partner. It happened in the past and present that most of the alliances fail just because due to the choice of wrong partner. It may happen when alliances were formed between competitors, between weak and strong firms. Before forming an alliance partners should go for strong equal equity and very high level of trust an commitment is requires in the selection of partners. When partners are selecting a partner at the time of alliance the partner should be both resource fit and strategic fit and serve the need of alliance. Importance of Partner Selection Selection of partners in the alliance considers to be the most important part. When partners enter into any alliance they have certain expectations and objectives. So it is very crucial for the management of companies to identify and understand the effective partner selection criteria before going for any alliance. It is a very complex decision to take. Basically poor decision taken on the partner selection may lead to fail of alliances. A successful alliance leads to the combination of partners serving towards the same goal. With the selection of right partner company may help themselves to grow more in future by the introduction of new technology, skill, personnel, access to new market, dividing risks. Selection of appropriate partners is the intensive process in the formation of alliance. Before going to any alliance partners must consider three features which helps in selecting right partner. Partners should have resources and capabilities to serve companies in achieving strategic goals. Partners must share long-term goals for the alliance Partners should not use the alliance just to learn new technology, relationship between customers and client without the equal contribution of strategies. As it is told before also that selection of partner is is very complex thing as a small decision may leed to failure of alliance. Companies may face problem in selection of partner due to some reason like: Lack of Information of partner Overestimation of capability Managerial Differences Lack of mutual trust between partners Cultural difference According to one of the theory called 3C in Business International (1992), in order to measure the potential resources and capabilities of partners, it is necessary to reduce this criteria to bring it down to three requisites C: Compatibility, Capability, Commitment which is very important in the selection of partner. Compatibility While selecting the partners it is easy to identify the good partner by seeing the compatibility of of partner from the past alliances. It has been seen that most of the alliance come from past tie-ups between the partners. Looking at the compatibility of the partner and forming an alliance is very simple and easy. It has been seen that building alliances with the known partner reduces the risk of failure in alliance. Capability Every partner when going into selection process partner it basically looks for the capability of the other partner. It depends on how they can serve the objective of alliance. It can may happen that one is good in technology, one is better in geographical area. So partner can serve the area in which he capable and cover that particular area whether geographical area, production, distribution etc. Commitment The parents may have capabilities and compatibility within but they must have believed in the alliance. Partners should have commitment towards the alliances, so any partner coming into alliance should have trust on other partners. They have to find the ways to come over any risks in future by serving towards the same goal. When talking about the selection of partners, partner firm should be resource fit and strategic fit. Resource fir refers to the degree of to which partners possess compatible resources. It is important for alliance partner because resources and capabilities are the main thing responsible for the alliance performance. For example: HP and Nokia form alliance to develop hand-held communication device that combine mobile phone with computer, where both companies draw the resources and capabilities. Strategic fit refers to the alliance where firms know each other real objective and that these objectives can accommodate in the alliance without harming the partner firm of alliance itself. For example: GM and Daewoo formed an alliance where GM interested mainly to remain with same model and keeping cost down and Daewoo wants to upgrade technology and design. Due to the mismatch of RD orientation and cost orientation alliance got failed. Conclusion This essay consist of three parts where in first part it explains about the strategic alliance and the stages involved, second part consist of problem encountered in the formation of alliance and final part covers the importance of partner selection. Strategic alliance is an important tool for attaining and maintaining competitive advantages. Many companies are forming alliance for the best quality and technologies or cheap labour and production cost. But sometimes company form an alliance without analysing capabilities and resources of partners of the life of alliance or lack with the objectives which may results in the failure of alliance.
Saturday, January 18, 2020
Lawyer essay Essay
Teenagers at this age of their lives are not certain about what career path they want to take, because of economic problems and personal influences which they face. Regardless of the fact, I knew from the time I was 9 years old that I wanted to be a lawyer. I have chosen this career because I want to help many people with certain problems and protect their rights. Lawyers give people and companies advice and tell them what they can and canââ¬â¢t do under the law. The trick of being a lawyer is finding a job in a type of law that you enjoy, because there are so many different types of lawyers; from tax attorneys to criminal defense lawyers. In support of my research I have met with Andrew Forsythe and Christopher Gunter, they are both criminal defense attorney and they also have been practicing law for 14 years. In hopes of getting a better understanding of my career search. I realize that before pursuing this career, it is also important to learn that you must need three or more years of intensive study beyond a bachelorââ¬â¢s degree program. You are also likely to face steep competition from others attempting to enter the legal profession. However, the potential benefits of being a lawyer can make pursing a legal career worth the effort. Part 1- Reasons for choosing this career A career as a lawyer is an extraordinary calling. However becoming a lawyer is an enormous undertaking in terms of time commitment and financial investment. The beauty of a law degree is that it opens door for many paths. You could choose to practice so many types of laws, or take your qualifications and never ever seen the inside of a court room. Many lawyers end up becoming professionals in other fields, such as working in policy in the department of state, entering the military, working in corporations, eve the FBI. I always wanted to be the guy with the suit and fancy shoes, standing in front of the judge and defending my client. It seem as a pretty easy job with well earned pay, which requires a lot of knowledge. Becoming a lawyer is often one of the most difficult professions to enter due to the high competition and time require obtaining degrees. You need at least 4- year bachelorââ¬â¢s degree, 3 years of law school and passing a written bar examination. However, some requirements vary by state. In schools such as mine, there arenââ¬â¢t any programs that let you work on criminal cases until you hit college, and college is not free. If your school may not offer this, then that ruins your change to get a scholarship to help you pay for the debt. Part 2- What I learned After I did some research on this career, I learned that you must earn a Bachelorââ¬â¢s degree, and take the LSAT. The Law School Admission Test (LSAT) is a required standardized exam that applicants must take before entering a law school accredited by the American Bar Association. The exam is offered four times each year and measures an applicantââ¬â¢s reading and verbal reasoning skills. Last but not least, you must pass the Bar exam. Each state requires law school graduates to pass the bar exam in order to practice. Lawyers were able to accomplish their dream jobs based on passion and talent. ââ¬Å"In a day and age when opportunity abounds, Iââ¬â¢m surprised to find many people who give up on their dreams. Some want to learn how to become a lawyer but give in all too easily.â⬠(Peter J. Loughlin) Becoming a Lawyer is very difficult. There are many fields that you could study for but to me, you should study the legal basis of law. It helps to interact with many people around you. (Lucille Ball) ââ¬Å"If there were no bad people, there would be no good lawyersâ⬠(Charles Dickens) The most important thing I learned about this career is that their salaries range from $110,000- $113,000. (Occupational outlookâ⬠¦Ã¢â¬ ¦.) This fact definitely made me happy. One of the best schools that offer job placement assistance after you have graduated, itââ¬â¢s ITT Tech. Itââ¬â¢s a four year college and offers financial aid for those who need it. Part 3- Summary of my Interviews I interviewed Christopher Gunter. He is a criminal defense attorney and has practiced criminal law in Travis County since 1980, after earning his JD from ITT Tech. Mr. Gunter discusses his experiences prosecuting his first death penalty case when he was an Assistant District Attorney. Throughout my interview Iââ¬â¢ve realized that he is very passionate about working as a lawyer. His salary starts at $75,000 and gets higher depending on the cases he takes. He suggested that ââ¬Å"you must take this job seriously.â⬠He also told me that ââ¬Å"ITT Tech does not look at your experience, instead they look at all your grades, attendance to determine if you are a hard worker or not.â⬠He earns a lot of money in every case he takes. He also enjoys defending his clients when they really need it. I felt very comfortable when he told me those things, I see lawyers as heroes, because they take their job seriously. Mr. Gunter taught that lawyers got their own way of doing things, some lawyers work different than others; however they all have something in common. They fight until the end and they share the same purpose; win their cases. Part 4- Reflection At the beginning of this I search project, I was shocked when I saw the mandatory 3-7 pages we had to do. It was really difficult to decide, at one point I decided to take the zero and do well on other tests. Now I am very thankful for having to do this project, because it taught me a lot in the area of my career. It also taught me to never give up on my dreams no matter how hard they are. I thought that I just go to college, get the degree and then get a job. I was completely wrong, thatââ¬â¢s when I realized it was not that easy. I have learned a lot of stuff that I will need in the future I order to accomplish my goals, this project helped in many ways. I never knew that colleges looked at your attendance and judged you based on that. I am very happy at finding more about my choice of career; I know that being a lawyer is very difficult but not impossible, and I will never give up until I see myself standing in front of the judge, wearing a suit and fancy shoes.
Friday, January 10, 2020
Afternoon Naps Essay
I can finally rush home and get to my favorite part of the dayââ¬â nap time. Why do you suppose so? Because after staying up for an important assignment until midnight, the lack of sleep makes my morning extremely tiresome and dull. After hours of boring classes, I am finally able to replenish my energy. After taking a joyous nap, I am prepared for an adventurous rest of my day, whether itââ¬â¢s boy scout meetings, a game of basketball, a night to the movies, regardless of the activity, physical or emotional, I feel more energetic and acquire a more positive attitude all around. Now, what would you assume could happen if I had not taken this afternoon nap? You best not come around me on those days. Some might consider afternoon naps a complete waste of time, but I beg to differ. Taiwan, for example, reinforces nap time by simply fit it into the daily school schedule in addition to regular classes and lunch breaks. The Chinese believe in the basic concept that the average test scores are reported higher when students do make nap time a regular event in their daily routine as suppose to those who donââ¬â¢t. The reason within the higher test scores is explained with the studies done of discovering the relationships between the improvement of long-term memory and afternoon naps. Naps donââ¬â¢t only improve studentsââ¬â¢ academic status; studies also show that it may decrease the risk of dying from a heart attack or other heart diseases. Taking a nap as short as ten minutes can enhance alertness, mood and mental performance, it also has stress-releasing properties. Taking an afternoon nap is something that I believe is definitely necessary to become a successful individual. When I donââ¬â¢t take my naps, I become furious at random situations, and frustrated with many people. Tat will make me unconscious of what is going on during that day. Even researches have shown that naps are not just good for you mentally but it is also good for you physically. Once again, I believe afternoon naps are an important necessity to a daily life.
Thursday, January 2, 2020
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