Global Business Cultural Analysis South Africa - 6982 Words

Running head: GBCA – SOUTH AFRICA 1 Global Business Cultural Analysis: South Africa Raymond J. Landis BUSI 604-D06 LUO – International Business Professor – Dr. Stephen P. Preacher Liberty University May 13, 2011 GBCA – SOUTH AFRICA Abstract This paper will endeavor to form a comprehensive analysis of South African culture, principally for the perspective of doing business in that nation. Ultimately, the paper will point out the crucial points for US businesses to consider before committing to a multinational corporate operation in South Africa. The analysis will discourse the major elements and dimensions of South African culture; tracing them to methodologies employed by local businesses already participating in that economy.†¦show more content†¦The superimposing factor that gives South Africa such an advantage over other prospective African business environments is that it possesses of a very powerful and sophisticated vantage-point geographically. South Africa is strategically located for manufacturing and exportation into several regions globally and can be an unmitigated platform for MNC’s who may be interested in a venture within this region. The important adva ntages include regional competitiveness, combined with reduced operational costs and a significantly prominent market access (Safrica.info, 2011). GBCA – SOUTH AFRICA Communication Contemporary South African communication has been laboriously hewn from several social forces. Irrespective of the struggle, communication has now become the focal point of social convergence. Influenced by political, economic, and cultural components, then diffused through a history of colonization and apartheid, communication in South Africa has evolved slowly; nonetheless it is gaining strength and it is reaching a greater apex (Collier, 2005). Linguistic affiliation. There are eleven languages officially recognized in South Africa. The reasoning behind the official recognition of so many languages was to bring a greater level of equalization to the nation. Until 1994, Afrikaans was the official language, and English was also recognized.Show MoreRelatedPestle Analysis of Barclays Plc1083 Words   |  5 PagesPESTEL ANALYSIS OF BARCLAYS PLC PESTLE analysis is very useful for studying the environment in which a company operates and accessing external factors influencing the company in the markets it operates. PESTLE is the acronym for the following categories of investigation: political, economic, sociological, technological, legal and environmental (Cheverton, 2004; Partridge and Sinclair-Hunt, 2006). Discussing the political factors influencing operation of the banks in the national, local and regionalRead MoreThe Internationalisation Of Emerging Market Multinationals ( Emncs )1621 Words   |  7 Pagesmultinationals (EMNCs) has gained prominence in the last two decades, as a result of increased internationalisation of firms from emerging markets (EM). These internationalisation phenomena have resulted in a surge of interest from international business (IB) scholars (Cavusgil,1980; Hoskisson, Eden, Lau, Wright, 2000; Jormanainen Koveshnikov, 2012). This surge in EMNCs internationalisation is due to the economic growth and transformation witnessed among the emerging markets (EM) in the sameRead MoreSouth Africa s Political, Economic, Legal, Cultural, And Commercial Aspects Of Doing Business With South1810 Words   |  8 Pages II. Country Analysis The following section will contain an analysis on South Africa’s political, economic, legal, cultural and commercial aspects of doing business with South Africa. Also, in this section is a strength, weakness, opportunities, threats (SWOT), analysis for Cardinal health in moving towards this venture. A. Political Analysis In 1948, the National Party (NP), backed for the most part by the people of Africa, won the all-white elections and began passing legislation enforcing anRead More Historical Perspective of South Africa’s Culture4253 Words   |  18 PagesThe purpose of this paper is to provide an insight into the country of South Africa. Through history background and detailed explanation of cultural aspects of the country, it will try to explain why South Africa is called the â€Å"Rainbow Nation† and why Apartheid was important. National and business influences are intertwined with cultural values and are a good example of how South Africa today is divided between its native embedded and espoused values, and those values that were inherited from BritishRead MoreTap Air Portugal Interium Report Essays1721 Words   |  7 PagesThe Airline Industry Analysis 5 2.1 The Industry Competitive Analysis 5 2.1.1 Potential New entrants 5 2.1.2 Power of buyers 5 2.1.3 Power of Suppliers 5 2.1.4 Substitutes 5 2.1.5 Rivalry 6 3 Strategic Groups 6 4 External Factors that can affect the industry 7 4.1 Political and Legal 7 4.2 Economical 7 4.3 Social 7 4.4 Technological 7 4.5 Environmental 8 5 Key Factors of success in the industry 8 6 Key drivers of change in the industry 8 7 TAP internal analysis 9 7.1 Core CompetencesRead MoreGlobalization and Its Affect on Racism1528 Words   |  7 Pagesgrouping and subsequent segregation is arguable, it is generally accepted that doing this is wrong. The first thing that tends to come to mind at the sound of the word, for most people with a knowledge of basic world history, is the Apartheid in South Africa or the Nazi regime under Hitler. These are institutionalized forms of racism, and unfortunately, racism is prevalent in many other forms. We like to believe racism is something of the past. We like to believe it is now extremely rare, at leastRead MoreThe Safety And Peace Promotion Research1293 Words   |  6 PagesPeace Promotion Research Unit, Institution of social and health science for the University of South Africa and a faculty of education for the University of the Western Cape of South Africa, Larenza Williams, Grant Demas and Anthony V Naidoo are apart of the department of Psychology for Stellenbosch University in South Africa. Fiona J Filander and Basil May, who are apart of the Railton Foundation of South Africa, All came together to collaborate in community-based participatory research project that focusedRead MoreExecutive Summary : Fletcher Company Essay1154 Words   |  5 PagesAuckland. The physical address is 790-816 Great south road Auckland. The future plans for the employees of the Fletcher company that they provides bonus and promotions to the employees. The future plan of the company to make 191 houses in the Christchurch. TASK 1: External and internal situation analysis of the Fletchers: The external environment have lots of factors outside the company where you don’t have much control over. The internal environment business includes all the factors with in the organisationRead MoreCritical Review of Globe Framework for Assessing National Cultures1620 Words   |  7 Pages ‘IN THE EYE OF THE BEHOLDER: Cross Cultural Lessons in Leadership from Project GLOBE.’ Academic of Management perspectives, February, pp 67-90 Introduction Global leadership have been seen as a way forward for multi-national organisations, however, the information gathered about different cultural context of countries has been helpful, even it has not been practically and theoretically use to lead in an overseas. Meanwhile, the outcome from the GLOBE (Global Leadership and Organisational BehaviourRead MoreGlobalization And Terms Of International Business1756 Words   |  8 Pagesterms of international business? Give a practical example using class source. Answer: Globalisation refers to the integration of world economy into a single economy. For example product, services, culture, communication etc. In the current business era the word Global Village is much highlighted, it is only because of the Globalisation. Globalisation not only increased the flow of international business but also has great impact on cultural change. International business refers to all the transactions

Guide to Stock-Picking Strategies - 14022 Words

Guide to Stock-Picking Strategies http://www.investopedia.com/university/stockpicking/ Thanks very much for downloading the printable version of this tutorial. As always, we welcome any feedback or suggestions. http://www.investopedia.com/contact.aspx Table of Contents 1) Introduction 2) Fundamental Analysis 3) Qualitative Analysis 4) Value Investing 5) Growth Investing 6) GARP Investing 7) Income Investing 8) CANSLIM 9) Dogs of the Dow 10) Technical Analysis 11) Conclusion Introduction When it comes to personal finance and the accumulation of wealth, few subjects are more talked about than stocks. It s easy to understand why: the stock market is thrilling. But on this financial rollercoaster ride, we all want to experience the ups†¦show more content†¦Although there are many differences between each strategy, they all come down to finding the worth of a company. Keep this in mind as we move forward. This tutorial can be found at: http://www.investopedia.com/university/stockpicking/ (Page 2 of 36) Copyright  © 2010, Investopedia.com - All rights reserved. Investopedia.com – Your Source For Investing Education. Fundamental Analysis Ever hear someone say that a company has strong fundamentals? The phrase is so overused that it s become somewhat of a clichà ©. Any analyst can refer to a company s fundamentals without actually saying anything meaningful. So here we define exactly what fundamentals are, how and why they are analyzed, and why fundamental analysis is often a great starting point to picking good companies. The Theory Doing basic fundamental valuation is quite straightforward; all it takes is a little time and energy. The goal of analyzing a company s fundamentals is to find a stock s intrinsic value, a fancy term for what you believe a stock is really worth as opposed to the value at which it is being traded in the marketplace. If the intrinsic value is more than the current share price, your analysis is showing that the stock is worth more than its price and that it makes senseShow MoreRelatedFinancial Research665 Words   |  3 Pagesanalysis †¢ Stock price analysis †¢ Recommendations Refer to the following resources to assist with completing your assignment: Stock Selection †¢ Forbes – â€Å"Six Rules to Follow When Picking Stocks† †¢ CNN Money – â€Å"Stocks: Investing in stocks† †¢ The Motley Fool – â€Å"13 Steps to Investing Foolishly† †¢ Seeking Alpha – â€Å"The Graham And Dodd Method For Valuing Stocks† †¢ Investopedia – â€Å"Guide to Stock-Picking Strategies† †¢ Seeking Alpha – â€Å"Get Your Smart Beta Here! Dividend Growth Stocks As ‘StrategicRead MoreFin 534 Week 9 Assignment 1 Essay763 Words   |  4 Pagesanalysis †¢ Stock price analysis †¢ Recommendations Refer to the following resources to assist with completing your assignment: Stock Selection †¢ Forbes – â€Å"Six Rules to Follow When Picking Stocks† †¢ CNN Money – â€Å"Stocks: Investing in stocks† †¢ The Motley Fool – â€Å"13 Steps to Investing Foolishly† †¢ Seeking Alpha – â€Å"The Graham And Dodd Method For Valuing Stocks† †¢ Investopedia – â€Å"Guide to Stock-Picking Strategies† †¢ Seeking Alpha – â€Å"Get Your Smart Beta Here! Dividend Growth Stocks As ‘StrategicRead MoreAnalysis Of The T7 Supply Chain1565 Words   |  7 PagesAnalysis. Analysis of the T7 supply chain They use a pull strategy so that the stock management that reduces inventory that is on hand, focusing on last-second deliveries, when items go through the supply chain whenever the consumer demands it. Also it avoids the cost of carrying stock which you may not end up selling. Torpedo7, based in NZ, which is a retailer online, they specialise in many bikes, all sort of parts and other accessories needed, recently it has made exceptional growth, they haveRead MoreRandom Walk Down Wall St. Outline for Ch14-15866 Words   |  4 PagesChapter 14 A Life-Cycle Guide to Investing Basics: age income specific responsibilities in life matter in the mix of assets in one’s portfolio. Five principles to allocate assets: 1. Risk Reward Higher risk is the price for more returns 2. Actual risk in stocks bonds depends on the length of time you hold them – staying power. The longer time you can hold, the greater should be the share of common stocks. 3. Dollar-cost averaging - Periodic investments of equal dollar amounts Read MoreThe Importance Of Management In Business Management1126 Words   |  5 Pagesof different backgrounds have persistently been entrusted with a similar arrangement of objectives no matter how you look at it. In the first place, locate the correct harmony between stock, transportation, and assembling. Second, coordinate free market activity under vulnerability by situating and overseeing stock adequately, and third, use assets viably by sourcing items from the most suitable assembling office (Simchi-Levi, 2007). These arrangement of assignments may sound simple to reach in principleRead MoreIntroduction to Li Fung Company2988 Words   |  12 Pagesthat it is a supply chain manager globally. (Ltd., n.d.) Li Fung started off as an export based company relying completely on trade and evolved into a global firm dealing with supply chain. It has several distributors, but most importantly it has a strategy and culture that thrives on innovation and practicality and that has led to it being such a strong firm. Li Fung can also transition easily from old modes of technology to new ones so that can maintain their competitiveness globally as well as locallyRead MoreLogistics management - Evaluate the logistics operations carried out within the company highlighting the problems encountered.2100 Words   |  9 Pagesoperations carried out within the company highlighting the problems encountered. Cartes Sans Frontià ¨res (CSF) is a multi-million organisation that produces maps for the European traveller. Based at Lyons in France, they produce maps, atlases and travel guides. The production is all done in house, saving on external costs. CSF has its own Surveying and Designs Division licensing out their designs to other external organisations, earning substantial royalties for the company. Reading through the case studyRead MoreProject Report on Security Analysis15431 Words   |  62 PagesKARVY STOCK BROKING LIMITED A Project Report on SECURITY ANALYSIS (STOCK-PICKING STRATEGIES) Submitted To [pic] Punjab Technical University Jalandhar In Partial Fulfillment of the requirement of the award of, Masters of Business Administration. MBA SESSION: 2010-12 Project Guide:- Submitted By:- Mr. SUNIL PANDEY GAGAN DEEP VERMA Regional Head of Roll No. 105042249858 Karvy Stock BrokingRead MoreMarketing Plan For Penguin Wholesalers Essay1997 Words   |  8 Pagesitems moved within a network could be Dangerous Goods, foodstuffs, ammunition, electronics, building cranes and whole host of other products. Time and financial considerations are considered when making these plans as are government regulations that guide the movement of items within a network. Penguin Wholesalers is a Whangarei based company that was established in 1975.It has since morphed from an ice making company into a Transport and Warehousing enterprise that services the northland region ofRead MoreData Collection Method and Analysis Essay1318 Words   |  6 Pagesquantitative evaluation results (Hentschel, 1999). The reason this method is the most appropriate is because firstly, this method is open-ended and has less structured protocols, thus a researcher may have the freedom to change the information collection strategy by addition or dropping some participants. Secondly, the researcher relies on different data collection methods to check the authenticity of their findings. Due to the existing problem of progressive decline in the number of visitors in the parks

Trends and Issues in Health Care †Free Sample Assignment

Questions: 1. Discuss the work of the Robert Wood Johnson Foundation Committee Initiative on the Future of Nursing and the Institute of Medicine research that led to the IOM report, Future of Nursing: Leading Change, Advancing Health. 2. Identify the importance of the IOM Future of Nursing report related to nursing practice, nursing education and nursing workforce development. 3 .What is the role of state-based action coalitions and how do they advance goals of the Future of Nursing: Campaign for Action? 4. Summarize two initiatives spearheaded by your states Action Coalition. In what ways do these initiatives advance the nursing profession? What barriers to advancement currently exist in your state? How can nursing advocates in your state overcome these barriers? Answers: 1. As per the initiative of Robert Wood Johnson Foundation Committee, it is discovered that, the nurses have the potential as well as innovative strategies for mitigating various highly serious health issues as well as to improve the existing situation of the healthcare system. However, as opined by Pittman et al. (2015), various difficulties may come to them, which can be related to the demographic challenges, aging workforce, fragmentation of the healthcare related setting and the other relevant barriers that are able to hinder the potentiality of the nurses. It is necessary to mention that, Robert Wood Johnson Foundation Committee strictly developed the mandatory rules for the nurses that, they should have to provide their best effort based on their training as well as educational knowledge for achieving the desired aims as well as objectives that are related to the healthcare sector as commented by Redman et al. (2015). On the other hand, Robert Wood Johnson Foundation Committee developed few recommendations that ensure that the Medicare programs should have to be expanded as well as these types of programs must have to include all of the highly significant services that are related to the advanced practice. On the other hand, Robert Wood Johnson Foundation Committee recommends initiating the development programs along with the Nursing Education Program for providing the entrepreneurial professionalism development for the professional nurses. Apart from that, as stated by Pittman et al. (2014), Robert Wood Johnson Foundation Committee e nsures that the nurses have to engaged with the lifelong learning for their self development as well as for providing an enhanced services within the healthcare sector. 2. The major reason of the importance of the Institute of Medicines (IOM) is due to its roles as well as responsibilities regarding the healthcare sector as well as to provide highly significant information to the nurses. As commented by Pittman et al. (2014), Institute of Medicines (IOM) is able to assure the expertise decisions in a cohesive manner for improving the existing situation of the healthcare sector as well as all of the highly significant decisions and reports are developed by the committee undergoes highly effective evaluation as well as review. It is necessary to mention that, Institute of Medicines (IOM)is always giving the prioritizing the issues that are facing by the nurses as well as the obligation came from the nurses are also resolved by this particular organization. In addition, decision related to the life as well as death in the health professions are including in the context of healthcare sector is the foremost challenging from the aspect of ethical as well as practical viewpoint (Action Coalitions - Future of Nursing: Campaign for Action 2016). Apart from that, recommending highly important aspects that are related to improvising the future of the nursing is also treated as the higher responsibility of the Institute of Medicines (IOM) for making a potential workforce that is collaborated with the professional as well as honest nurses. It is necessary to mention that, various important legislations as well standards are set by Institute of Medicines (IOM) for enhancing the nursing education. 3. As commented by Redman et al. (2015), Action Coalitions are actually discussed for improvising the concept of the future of the nursing as well as Action Coalitions are able to diverse the groups that are related to the stakeholders. It is necessary to mention that, these diverse groups are able to make affect the concept of sustainable development related to the healthcare sector in respect to state as well as national level. Action Coalitions includes to set a clear goals that have to achieved for improving the healthcare sector by the potentiality of the professional nurses as well as forming the stakeholders for representing the variety of the sectors for building up an appropriate blueprint action (Center for Nursing - Foundation of NY State Nurses, 2016). On the other hand, each of the Action Coalitions are facilitating with the desired goals that are able to be a part of the overall outcomes that are related to the healthcare campaigns as well as campaigns that are related to influence the professional nurses. Apart from that, the campaign leadership is able to develop dashboards as well as the highly significant strategic framework that are able to support most of the important facets of the campaign for the significant action including the most significant Action Coalitions. As opined by Pittman et al. (2015), presently, near around 36 Action Coalitions are launched into two significant phases in various nations such as, Virginia, Georgia, Hawaii, Texas, Ohio, Kansas and the other places. 4. The primary initiatives of the United States related to the Action Coalitions are to: Demonstrate the nonpartisan supports as well as broad for generating the recommendations report. Ensure the involvement of the authorities who are directly related to the local, state as well as national levels. Encourage the leaders whose positions are high in respect of politics for diversifying the field of healthcare sector of United States. The initiatives of the United States related to the Action Coalitions can be advance through the improvement of the access, value as well as the quality of the healthcare in the context of the role of the nurse professionals. On the other hand, involvements of the stakeholders of the various healthcare organizations are also treated as the advance for initiate the Action Coalitions in context of United States (IOM Future of Nursing Report, 2016). The existing barrier to advancement that is hindering the progress of Action Coalitions is the lack of potential of the workforce related to the professional nurses. Most of the healthcare organizations have insufficient numbers of professional as well as honest nurse professions for providing enhanced services to the service users. On the other hand, lack of better partnerships between the healthcare organizations is also creating barriers in context of United States. Nursing advocates in United States can able to overcome the barriers through expanding the highly significant opportunities for the professional nurses for leading them towards emphasizing their practical knowledge as well as skills for providing better services to the service users. Reference List Action Coalitions - Future of Nursing: Campaign for Action. (2016). Campaign for Action. Retrieved 10 June 2016, from https://campaignforaction.org/states Center for Nursing - Foundation of NY State Nurses. (2016). Foundationnysnurses.org. Retrieved 10 June 2016, from https://foundationnysnurses.org/foundation/future-of-nursing. IOM Future of Nursing Report. (2016). Nursingworld.org. Retrieved 10 June 2016, from https://www.nursingworld.org/MainMenuCategories/ThePracticeofProfessionalNursing/workforce/IOM-Future-of-Nursing-Report-1. Pittman, P., Bass, E., Hargraves, J., Herrera, C., Thompson, P. (2015). The future of nursing: monitoring the progress of recommended change in hospitals, nurse-led clinics, and home health and hospice agencies.Journal of Nursing Administration,45(2), 93-99. Pittman, P., Horton, K., Terry, M., Bass, E. (2014). Residency Programs for Home Health and Hospice Nurses Prevalence, Barriers, and Potential Policy Responses.Home Health Care Management Practice,26(2), 86-91. Redman, R. W., Pressler, S. J., Furspan, P., Potempa, K. (2015). Nurses in the United States with a practice doctorate: Implications for leading in the current context of health care.Nursing outlook,63(2), 124-129.

Decision Making Techniques for Small Groups

Question: Describe about the Decision Making Techniques for Small Groups. Answer: Introduction: From the past years, small learning group technique had reached to an admirable place especially in providing education in school and it leads to encouragement of student and deep learning. Small learning group technique helps to increase student creativity, attention towards topic, retention of knowledge. It also increases critical thinking, teamwork spirit, communication skills, peer to peer coordination, cordial relations and self directed learning. Small learning group technique adopted in school comprises of various methods and here we are going to study them and their effectiveness in decision making. Point: Group Decision Making Group decision-making is one of the effective methods for learning in small group. Adoption of this technique in school leads to increase knowledge of students as the instructor breaks the whole class in small segments, and discussion is carried to come at a decision from various alternatives (Huber, 2003). Effectiveness of this technique is analyzed on the basis that how this technique is used for arriving at a decision in small learning group. Evidence: Group decision making is a participatory process carried in small learning group in which different individuals act collectively, analyze problems or situations, consider, suggest and evaluate alternative courses of action, and from those alternatives, best and creative idea is taken (Heise, 2013). Evidence of this group decision making techniques can be seen in school, to increase creativity and coordination of students. Assessment: The number of people involved in group decision-making varies according to need of situation, but often ranges from two to seven in small learning group (Heise, 2016). The individuals in a group may face cultural diversity as they may belong to different regions. Decision-making groups are generally informally created by the instructor in school to attain a specific goal like for imparting critical skills in students. Point: Brainstorming is an Important Decision Making Technique Evidence: The example or evidence of brainstorming technique can be seen in school, where instructor motivates their students to find out new ways of solving a particular problem. Brain storming is a widely used technique in schools and it leads to creativity in students. It is a process, where new and creative ideas are generated and solutions are derived through intensive and freewheelinggroupdiscussion in class (Huber, 2003). Everyparticipant in the brain storming technique is encouraged to think and suggest as many ideas as possible. The instructor documents all the generated ideas. After generation of ideas analysis, discussion, orcriticismis being done in class that leads to increment in effectiveness of students because of small learning group technique. Assessment: The advantage of brainstorming in school is that it consist the ability to refine ideas and include every person's input to generate specific ideas in small learning group as every one gets a chance to present their ideas (Heise, 2016). Point: Nominal Group Technique Evidence: Nominal group technique is a more controlled technique in comparison to brainstorming .Each member of the group writes his or her ideas and then these ideas are discussed and ranked accordingly. The ideas having highest ranks or votes are prioritized and accepted as a group decision (Heise, 2013). Each group member has to come up with list of various ideas. Evidence of this technique can be seen in school. For example, the group of students in school uses this technique to reach at a decision that leads to improvement in coordination and communication skills. Assessment: Nominal group technique leads to generation of creative ideas than traditional group discussions. This technique balances the power of individuals by limiting the power of opinion maker, as there is no leader who dominates the discussion. In schools, this technique leads to constructive problem solving and it also allows the group member to vote the ideas democratically and on this basis, ideas are prioritized (Huber, 2003). Point: Group leader in small learning group should create an enabling environment for all the group members, so that the challenges of effective group decision making can be reduced. Evidence: Evidence of this technique can be seen in all schools. The schools provide productive environment for growth of individuals. Main purpose of this is to improve ability of student with regard to their skills and creativity. Group leader should explain the rules; remind individuals that their ideas are going to be used as a stimulus for other students (Heise, 2016). Assessment: It is important for group leader to improve the environment at the time of activity to get new and creative ideas from its group members. A group leader can improve the workplace environment through motivational stories and putting success stories of different high performers students (Huber, 2003). Point: There are a number of advantages and disadvantages of small learning group [In reference to school] Advantages: In schools, small learning group leads to various advantages to learner. They are Self direction, active learning, and development of self regulatory skills that are going to help them whole life. It leads to self motivation, allows the student to test their thinking, hypothesis, deep learning and higher-order activities such as analysis, evaluation and synthesis. It develops skills like leadership, team work, problem solving, cordial relationship, management skills and allows them to make an analysis of their thinking (Huber, 2003). Disadvantages: (Huber, 2003).Small learning group technique puts more focus on group rather than individual and because of this students cannot be able to think interdependently. Students usually stick to someone else opinion rather than giving fresh idea. Every student has a different goal and perception which leads to conflict in decision making. In small group learning technique individualism is lost. Conclusion Small learning group technique adopted in school helps in providing good academic environment, and leads to collaborative learning in students. Small group teaching in schools increase the teamwork ability, retention of knowledge, enhance transfer of concepts to new problems, increase student interest, and improve the self-directed learning and critical skills in students. It develops peer-peer interaction and improves the communication skills. Reference Heise, D.R. (2013). Modeling Interactions in Small Groups, Social Psychology Quarterly, 76(1), 52-72. Huber, G.L. (2003). Processes of decision-making in small learning groups, Learning and Instruction, 13, 256-269. Heise, D.R. (2016). Modeling Interactions in Small Groups, ProQuest, 10(10), 01-18.