Family in the Global Context - 2269 Words

| | |Family in the Global Context | |R.Vanlaltluanga, | Introduction Family constitutes the basic unit of society, and it assumes diverse forms and functions from one country to another, and within each national society. There are many different types of family structure, with different strengths and weaknesses. Any image of what constitute the ideal family differs greatly both within and among countries. The manner in which families form, establish pattern of behavior, function and evolve, as well as their relationships with the local†¦show more content†¦We see so many bright and beautiful colours and suddenly we want to be a part of it if not be it. Whether it be clothes, food and drinks, technology, everything seems so perfect. We even come to believe that without those things our lives would be incomplete and that they are the key to our happiness. Especially in the case of our youths, it is ‘uncool’ not to have the things his/her friends have. Therefore, because of the spirit of consumerism, we believe the things that we want are actually the things that we need and we have to have them irrespective of our circumstance, budget or income. We truly follow the â€Å"Just Do It† motto. We are not ashamed of anyone and are almost ready to do anything as long as it gets us our wants. We do not see what type of work it is but are only interested in how much it would pay. We not only follow but also chase our wants. This is the reason why we have so many working couples today leaving their children to be cared by others. These children are the ones who more often than tend to follow the wrong ways of life. The difference between the working hours of a couple also often leads to problems in their marital life. Anyway, the worse part of consumerism might be the dissatisfaction even after having the things that we so craved for. We believes our wants would bring us happiness and contentment but that is not so. We might be happy for sometime but our happiness ends as andShow MoreRelatedFamily Forms Are Historically And Culturally Constructed Within A Global Context991 Words   |  4 Pageschapter eight’s introduction â€Å"family forms are historically and culturally constructed in a global context.† (pg. 433) This means that families are often influenced by social structures within their own society and globally. Families often reinforce existing relationships of power and thusly often reflect the society from which they originate. In the United States we tend to have a very cookie cutter notion of what makes the â€Å"normal† family. As we have learned families are a product of their environmentRead MoreCustomer Recruitment And Selection Part1442 Words   |  6 Page smore business with global ambition are attracted to develop markets there. Hiring employees from India and sending managers there are necessary for companies who want to do business globally. In global context staffing becomes more complex than staffing in a purely domestic context especially in recruitment and selection. Thus it is necessary for global companies to think about hire what kind of talent and how and where to hire them to solve global issues. This brief focus on global staffing issuesRead MoreCross Cultural Communication Skills And Communication1318 Words   |  6 Pagespeople about putting family in a retirement home may not be well received. Whilst using written communication in an international context, you have to be aware that each culture has different styles. Some cultures will be more formal, some more direct and some will give more context. For example Japanese business people may talk about the weather before getting to the body of an email, while American’s will get straight to the point. Verbal communication has similar global red flags as oral andRead MoreRoles And Roles Of Primary Social Roles1563 Words   |  7 PagesContext matters. 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And Honda executives wonder why their global strategy is sputtering. History of Honda and Automobile Industry In 1946, Souichiro Honda founded the Honda Technology Institute. The Company started as a motorcycles producer and by the 1950s had become extremely successful in Japan. In 1956Read MoreThe Problem Of Mental Disorder884 Words   |  4 Pages†¢ (Smith Segal, 2015) †¢ (Bloom, 2014) †¢ (Global issues in context, 2012) 1. Nature †¢ Viral infection affecting brain †¢ Problems with natural brain chemicals †¢ Multiple genes 2. 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Moreover, according to the article â€Å"Global Climate Change† heat waves cause more deaths in the USA every year than hurricanesRead MoreCultural Differences That Inhibit Effective Intercultural Communication879 Words   |  4 Pagesof high and low-context cultures (Guffey Loewy, 2015). Secondly, American workers should understand the varied importance of time orientation in foreign organizations (Keating, 2014). Finally, international negotiations will proceed more smoothly if cultural power distances are respected (Rao, 2013). High and Low-Context Cultures Guffey and Loewy (2015) state that context is the most important cultural distinction, while also being the most difficult to identify and learn. Context is so vital to

Domestic vs International Trade Free Essays

Domestic Vs International Trade Mohammad Tariqul Islam Domestic Trade: Trade among parties in the same country. Domestic trade is the exchange of goods, services, or both within the confines of a national territory. They are always aimed at a single market. We will write a custom essay sample on Domestic vs International Trade or any similar topic only for you Order Now It always deal with only one set of competitive, economic, and market issues. The trading is always with a single set of customers all the time, though the company may have several segments in a market. Finally local trade or home trade or Domestic trade may be sub-divided into Wholesale trade, and Retail trade. International Trade: Trade among parties residing in different countries. International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history, its economic, social, and political importance has been on the rise in recent centuries. Some difference between International trade and local or domestic trade International trade is in principle not different from  domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as  tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture. Another difference between domestic and international trade is that  factors of production  such as capital and  labour  are typically more mobile within a country than across countries. Thus international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labor or other factors of production. Advantages and Disadvantages of international Trade Advantage of international trade †¢ Monetary gains to the respective country indulging in trade. †¢ More variety of goods available for consumers. †¢ Better quality of goods. Competition both at the international level as well as local level. †¢ Closer  ties  between nations. †¢ More exchange of technical know-how. †¢ Local producers will try to improve the quality of their products. †¢ Increase in  employment  locally. Disadvantage of international trade †¢ Local production may suffer †¢ Local industries may be overshadowed by their international competitors †¢ Rich countries may influence political matters in other countries and gain control over weaker nations. †¢ Ideological differences may emerge between nations with regard to the procedures in trade practices. Read also Recording General Fund Operating Budget and Operating Transactions International trade is beneficial to world economy. It adds to the money coffers of the world at large. Every country can benefit monetarily if it is able to dispose off its surplus goods after meeting the requirements of the local people. Key differences: †¢ International trade is, in principle, not different from domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. †¢ The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture. †¢ Another difference between domestic and international trade is that factors of production such as capital and labor are typically more mobile within a country than across countries. †¢ Thus international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labor or other factors of production. Trade in goods and services can serve as a substitute for trade in factors of production. †¢ Within a country labour and capital moves freely to get maximum returns. These factors of production do not move with such freedom among different countries due to differences in culture, climate, language, customs and political restrictions imposed by regulatory authorities. This immobility gives rise to wage and interest differentials among countries. †¢ Different currency system introduces additional cost and risk in international trade as the value of currencies is constantly subject to variations. As long distances involved transport costs for international transactions are higher than for domestic trades. Home trade is called domestic trade in some countries. These are the differences as seen by me. 1. For home trades, payments could be made in home currency only. Foreign trades are to be paid invariably in convertible currencies. 2. Home trades generally have no restrictions of movement within the country. In international trade, there are restrictions as to movement of specific goods to specified countries. 3. Home trades have taxes levied by the Government and local bodies. International trades have levies called customs duties. These invariably go to the Federal Government. 4. Documents for domestic trades are comparatively simple and easy to understand and follow. Foreign trades have a different set of documents which must be filed in every case. 5. Insurance of consignments sent on foreign trade are compulsory; in home trade it is optional. 6. Usually, foreign trades are preceded by payment or promises of payment made by international foreign exchange traders (also called Letters of Credit. In domestic trades, payments are realised usually after the trade is executed. Depending on the credit rating of the parties concerned, even a simple promise is not taken. Letters of Credit in domestic trades is not common but not ruled out. 7. Credibility of parties can be got verified in foreign trades through the trade representatives of the countries involved in the transaction. 8. On receipt of consignment at a foreign country, the documents are handed over t o the buyers only after payment is realised. Thereafter, the Banks concerned remit the payments to the sellers through normal international banking channels. In respect of domestic trades, bankers may or may not be the intermediaries. Payments can be directly sent to the sellers by the buying party. 9. Under the United Nation’s charter, goods prohibited for specific countries cannot be sent to them by member countries. Penalties extending to boycott of trade with that country may follow. In domestic trades, such prohibitions do not exist. (Example: selling atomic energy raw materials to Iran, Iraq etc. 10. International trades are further government by agreements between member countries of General Agreement on Tariffs and Trade. Domestic or home trades are not subject to such agreements. An international business is a business whose activities are carried out across national borders. This differs from a domestic business because a domestic business is a business whose activities are carried out within the borders of its geographical location. A domestic company is one that confines its activities to the local market, be it city, state, or the ountry it is in. It deals, generally, with one currency, local customs and cultures, business laws of commerce, taxes and products and services of a local nature. The international company, on the other hand deals with businesses and governments in one or more foreign countries and is subject to treaties, tariffs. currency rates of exchange, politics, cultural differences, taxes, fees, and penalties of each country it is doing business in. It may also be conducting business in it’s home country, but the emphasis is on trading in the international marketplace. Differences between Domestic and International Trade International Trade: The exchange of goods and services between countries is called International Trade. Inter-Regional Trade: The exchange of goods and services with in a country is called Inter-regional Trade. Differences between International and Inter-regional Trade and need for a separate theory: A number of things which make difference between international and inter-regional are given as under. We can understand from these reasons that it gives rise to a separate theory of international trade. . Factor Mobility: Labour and capital as factor of production do not move freely from one country to another country as they do with in the same country. Thus labour and capital are regarded as immobile between countries while they are perfectly mobile within a country. Adam Smith said â€Å"Man is of all forms of luggage, the most difficult to transport†. Differences in cost of production can not be removed by moving and money. The result is the movement of goods. On the contrary between regions with in the same olitical boundaries, people distribute themselves more or less according to the opportunities. Real wages and standard of living tend to seek a common level though they are not wholly uniform as between national these differences continue to persist and check population movements. Capital also does not move freely from one country to another country. 2. Different Currencies: Each country has a different currency. Buying and selling between nations give rise to complications absent in internal trade. This hampers smooth flow of trade as between one country and another country. A large number of foreign exchange problems arise in number of foreign trade which are non-existent in inter-regional trade. 3. Different National Policies: Different needs lead countries to pursue divergent national policies and not only with respect to foreign exchange rates. National Policies differ in a wide matter of domestic matters affecting international economic relations, wages, prices, competition, investment, business regulation etc and often involve interference directly in international economic intercourse in tarrifs, exchange controls, non-tarrif barriers and the like. . Different Political Circumstances: Mostly countries differ in political circumstances. In inter-regional trade, trade takes place among same people. But international trade takes place among people of different cultures, habits and languages. These cultural distinctions between markets, important in the absence of different national measures have led political scientists to take look at the nature of countries. 5. Difference in National Resources: Different countries are endowed with different type of natural resources. They tend to specialise, in the production of those commodities in which they are richly endowed and trade them with others where such resources are scare. 6. Geographical and climatic differences: Every country cannot produce and commodities due to geographical and climatic conditions, except at possibly prohibitive costs. Countries having climatic and geographical advantage specialise in the production of particular commodities and trade them with others. 7. Different Markets: International markets are different in various aspects. Even the system of weights and measures and pattern and styles in machinery and equipment differ from country to country. Goods which are traded within regions may not sold in other countries. This is why in great many cases products to be sold in foreign countries are especially designed to confirm to the national characteristics of that country. 8. Problem of Balance of Payments: The problem of balance of payments is perpetual in international trade while regions with in a country have no such problem. 9. Restrictions on Trade: Trade between different countries is not free. There are restrictions imposed by custom duties, exchange restrictions, fixed quotas or other tarrif barriers. 10. Ignorance: Differences in culture, language and religion stand in the way of free communication between different countries. In inter-regional trade labour and capital freely moves about. These factors too make internal trade different from international trade. 11. Transport and Insurance Costs: The cost of transport and insurance also check the free international trade. The greater the distance between the two countries the greater the cost and insurances. How to cite Domestic vs International Trade, Papers

Ways Of Selecting An Erp For Organisation †Myassignmenthelp.Com

Question: Discuss About The Ways Of Selecting An Erp For Organisation? Answer: Introducation Before selecting an ERP system, the owner of the company should address the needs regarding training and resources, vendor performance and scalability. Secondly, confirm requirements of your ERP to help find the vendors and products that match your needs. Thirdly is the product assessment where you make a good proposal for the software to guide in making a decision (Bhatia Gupta, 2016, p. 56). The vendor should consider the users of the system and the system should provide a list of customer references to choose. The system should provide maintenance and support so that you understand the IT support it requires what vendor's offers and it will work. Consider vendor's service agreement regarding repairs, recovery, and response to the disaster. Consider the software and hardware itself for a successful choice of ERP. People are more important than technology (Bradford, 2015, p. 120). Business Requirements CRLS require ERP system to integrate its processes to enhance efficiency, address important needs and meet expected performance. Considering CRLS, it has grown its business in different cities, and employees have grown by 48. These expansion demands for a good ERP system which will help to monitor transactions, identify unsolved issues, generate lawyers' reports and activities, storage of clients' information and other important details (Chang, 2016, p. 125). The challenge is that it is difficult to integrate processes manually. Therefore, CRLS should consider making changes with BPR. This will improve the processing of data in time. CRLS requires ERP scaling to allow them to pay for the service they are using. Performance and users should be scaled in case of plans to expand the business. The system should be able to cater for new users and other locations without causing performance losses. To ensure the effectiveness of the system, training of staff is important to ensure staffs understand how the system performs duties as well as using it (Hammer, 2015, p. 234). Implementation fails due to negative attitudes by users. Considering financial position, the system should operate within the budgeted cost of the vendor as well as be ready to adjust the budgeted cost. The challenge may be that the EPR systems are costly if not done within the budget. Historically the ERP are prone to risks. Therefore, it will be important to select a vendor who proves a good record of implementation, support success, and training. In the implementation stage, who should be the users: vendor, you or both? Have a good training program that is comprehensive and flexible. Also, check for vendors financial records regarding audit and statements for security purposes for long-term engagements The vendor should share his product so that you choose a new system that will enhance your future operations. Challenges of ERP system The process of implementing the EPR system is costly. It involves a lot of training and the resources. The problem of implementing sub-standard systems which hampers the business process as well safe coordination of the processes. Poor understanding of the system may limit implementation of new system. Users capabilities regarding skills differ which affect the required need. Volatility problems arise due to changes that occur over time which makes system administration difficult. There communication Problem between internal and external customers, stakeholders, managers and consultants on the new system. The problems arise when there is no understanding between the users. There inconsistency because of different views. This results in delayed decision-making (Monk Wagner, 2013, p. 133). Potential Erp And Vendors Epicor ERP Epicor is one of the latest ERP platforms that offers a simple and complete interface to suppliers and employees. This type has extra responsiveness and functionality on some mobile gadgets for comprehensive and foster collaboration. IFS ERP IFS ERP is creative and innovative in the market today. Even though ERP suites seem difficult and complex to use, IFS portrays functionality on EPM (enterprise project management) and EAM-enterprise asset management. It handles tasks that are demanding. Configuration can be done to allow a broad range of engineering settings, aerospace, and intensive manufacturing. Infor ERP Infor ERP applies to huge industrial enterprises, e.g., distributors and manufacturers and like manufacturers and large-scale distributors. It has unparalleled scalability for compartmentalization. Sage ERP Sage ERP is used by SMEs and SMBs.it has a high speed as well as flexibility to enable businesses improves efficiency. Sage allows timely and collaboration due to cloud-based. Cloud deployment makes it makes it quick to change and easily implemented for businesses to maximize profitability and growth. Microsoft ERP Microsoft ERP is used by large and global businesses. Its functionality supports two tier and single deployment methods globally. It is applicable to expanding businesses. Oracle JD ERP This platform focuses on good quality technology for finance management. It allows cost management on hands-on activities. It also coordinates operational reporting and asset management to maximize profitability. SAP ERP SAP ERP is used by SMEs to run activities of the business including human resource, finances, procurement, sales and customer service. The web based allows increased efficiency 24/7. OdooERP Is a software management a wide variety of business activities that form part of enterprise management? It's used by both small and large businesses. It includes CRM, billing, accounting, and inventory all integrated. It has various versions: online saas, odoo enterprise, and odoo community. Examples of vendors Art director design and handles computer imaging. A caterer serves beverages and food and beverages. Calligrapher: handles lettering on invitations and signage Decorator deals with dcor. Graphic artist: executes and designs invitations and event posters. Florist ensures floral arrangements. Photographer takes records, photographs and records. Possible Erp Modules Many vendors offer ERP solutions. Implementation being a major problem there are modules directed for a specific duty. They include; CRM system: This system helps to enhance performance by having a good customer service and relationship. The CRM module track and manage customer information, e.g., calls, meetings, etc Human resource system: This system helps in the management of resources within the company. The HR module manages staff information, track staff records, e.g., performance, designations, and skills. Finance system: It involves management of the flow of money in and out of the company. The finance module tracks accounts and generates reports of finance in the balance sheet and ledger accounts. Purchase system: This involves a process of procurement of materials required. The purchase module consists of suppliers' records items and links. The cloud-based system of ERP: CRLS should implement this system because it is easy to use; implementation is less costly and takes a shorter time. On-premise system of ERP: Compared to cloud-based ERP its cost of implementation is high, require a permanent staff to operate, and management is difficult (Sneller, 2014, p. 155). Reference List S. M. J., 2016. Predicting the Behavioural Intention to Use ERP: An Empirical Study on the Manufacturing Industry. IUP journal of Operations Management, Volume 15, pp. 7-24. Bradford, M., 2015. Modern ERP: Select Implement Use Todays Advanced Business Systems. s.l.:s.n. S. G. v., 2016. Principle nd practices of the Implementation of Cloud based ERP in SMEs. Berlin: s.n. Chang, J. F., 2016. Business Process Management Systems: Strategy and Implementation. s.l.:CRC press. Hammer, M., 2015. What is Business Process Management. 1 ed. Berlin: Springer. Monk, E. Wagner, B., 2013. Concepts in Enterprise Resource Planning. s.l.:s.n. Sneller, L. R., 2014. A Guide to ERP Benefits, Implementation nd Trends. s.l.:s.n. Wallace, T. F. Kremzar, M. H., 2015. ERP: Making It Happen. 2nd ed. Wiley: CRS press.