The Impact Of Internet On East Asian Countries - 2004 Words

The Concept of Internet Technology: An Analysis of Efficiency, Benefits and Hindrances of Internet coverage across Sub-Saharan Africa and East Asian Countries. The internet provides a way for us to connect and communicate with each other across various political and economic boundaries. Since its inception couple of decades ago, we as humans have found doing certain things such as communication, transportation and business aspects of our lives pretty easy than we did in the past. The internet has improved various aspects in our community such as health, infrastructure, business and education. But in this paper, I am going to explore the impacts the internet in particular as a form of media technology has on East Asian Countries and its possible benefits for Sub-Saharan Africa region in the area of politics. I also tend to analyse the competence of the internet in enhancing the political processes of Thailand and its probable benefits for a country like Nigeria ridiculed with poverty brought about by immense corruption. As we all know the internet as a form of technology has its advantages as well as disadvantages in structuring our society this also is an aspect that would be examined in this paper. At the end of this paper I hope to establish a point that the introduction of highly effective internet services across Sub-Saharan countries in Africa would increase its rate of globalization in this present age, where technology is an integral factor for development. 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The cultural barrier, coupled with the competition in the Middle East, poses a significant challenge to Netflix; however, through critically analyzed strategies, Netflix can overcome the challenges. NETFLIX’S LAUNCH IN THE MIDDLE EAST On January 9, 2016, Netflix launched its services in the Middle East. The companyRead MoreWhat Is Wrong With Technology?1573 Words   |  7 Pagesadults in major East Asian countries, including China, Taiwan, Japan, Singapore and South Korea, are nearsighted† (Park par. 3). The main reason that causes this phenomenon is that the East Asian students are overusing technology such as smart phones, Ipads, and computers. These technologies devices are the friends that they spend most time with. Playing video games and watching TV for over two hours each day can really hurt the teenagers’ eyes. However, bad eyesight is not the only impact that technologyRead MoreThe Importance Of Globalization907 Words   |  4 Pages businesses more than ever must apply this rule. Now, boundaries are eliminated between countries and new opportunities are born. Company enters new countries, moreover, multinational emerges and ultimately evolves to a global posture. It’s becoming part of our life. Every day, we experience various products of globalization. We communicate with friends and family from all over the world, we surf the internet, furthermore, with one click we purchase product from stores miles away from us. HoweverRead MoreThe Role Of Agriculture During The Soviet Union Age And Now1967 Words   |  8 PagesRussia Introduction Russia is a country with sufficient natural resource and labour to support its agriculture development. Agriculture is not just important to Russia’s economic contribution but also impact the agriculture market changes surround it and international market. In addition, there are some significant changes between agriculture in former Soviet Union age and now. 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The United States And The Civil Rights Crisis - 898 Words

The United States of America has the largest prison system in the world with over 2.2 million prisoners. 1,320,000 of those prisoners are blacks and hispanics. The justice system in the United States has unequal outcomes across racial groups. Although together they make up only 30% of the country’s population, black and hispanic men are 3 times more likely to end up behind bars for the same crime committed by white males, allowing them to make up 60% of the prison population. Private prisons, the War on Drugs and a civil rights crisis and are the main factors to why people of color are overrepresented in our prison systems. Private prisons continuously buy prisons in states all across the US. Once they buy these prisons and a contract is†¦show more content†¦This leads to a plethora of men and women being stopped constantly for no reason. Often a civilian is stopped solely on the basis of their skin color/stereotypes. To work properly, private prisons require full prisons as aforementioned, and the least expensive prisoner as possible. The 2012 ACLU report , relates that â€Å"it costs $68,270 to support a prisoner age 50 or older compared with $34,135 per year to house a non-geriatric prisoner† (ACLU,2012). In their contracts private prisons exempt themselves from having to accept older prisoners. This is why young men of color are filling up these private prisons in record numbers. Modern day prison systems guarantee monetary security for the corporations, rather than protect the public and rehabilitate the inmates. President Richard Nixon first used the term â€Å"The War on Drugs† in 1971. Since then little to nothing has been accomplished to stop drug use, trade and distribution. The Drug business is a multi-billion dollar enterprise that continues to thrive. A federal study conducted by â€Å"Monitoring the Future† reports that 85% of high school students found marijuana easy to obtain. (Williams,2011). Many believe it is nonsensical to spend billions of dollars on arrest of small time offenders who commit non-violent crimes, when in over 45 years nothing has improved. Initially, Federal law mandates five years in prison without possibility of parole for possession of 5 grams of crack or 3.5 ounces of heroin.

Contract Law Regatta Pty Ltd.

Question: Discuss bout the Contract Law for Regatta Pty Ltd. Answer: Issue: Regatta Pty Ltd is a large groceries share. The Board of company comprises of Tom Jones and other executive and non-executive directors who were hardly part of any meeting. Tom holds 10 percent of the share, while the remaining directors hold 15% of the shares. In one of the recent board meetings, Tom, Peta and Roman have not been agreeing as to whether the company should expand beyond the groceries business into the electronics business as well. Tom is confident that this would benefit the company. Tom held many meetings with the Board of Directors in which Peta and Roman were not part. Based on the facts, the issue that arises here is, what is the legal position of each of the parties to the case. Legislations: The Corporations Act, 2001, has provided many remedies for those minority shareholders who are oppressed. This case study invokes the provision related to securing the position of the minority shareholder (Cartwright 2014). The rights of minority shareholders can be violated if the directors have not complied with their duties under section 181 and 182 of the Corporation Act, 2001. This is enumerated in Section 232 of the Corporation Act, 2001. The directors are under a statutory duty to exercise their rights in good faith and in the best interests of the company. Shareholders often have different interests and there are times wherein there is a conflict between the shareholders and the directors. Oppression takes place with the minority shareholders where they are subjected to the unfair and prejudice use of the power of the majority shareholder (Cartwright 2014. According to section 233 of the Corporations Act, 2001 the Court has the discretion to grant a number of remedies to the minority shareholder. The Court may pass an order to the shareholder to purchase the shareholders at a price that is determined by the Court (Poole 2014). The Court may also ask the majority shareholder to comply with the decision of the minority shareholder if the Court thinks that the decision of the minority shareholder is for the welfare of the company (Schwenzer, Hachem and Kee 2012). Application: In the given case scenario, the rights of Tom can be protected by applying section 232 of the Corporations Act, 2001. Since he is a minority shareholder, the majority shareholders might over turn his decision. Toms decision is for the welfare of the company. Hence, his rights and powers may be protected by applying section 232 of the Act. By passing special resolution, the decision of the majority shareholder may get overturned and Toms decision may over rule the decision of the other directors. Conclusion: Conclusively, it may be held that the decision of Tom can prevail over the decision of the majority shareholders as it is for the welfare of the company. As such, the company shall have more prospects to enhance their business structure and this will ensure the organizational success of the company. References: Cartwright, J., 2014.Contract law: An introduction to the English law of contract for the civil lawyer. AC Black. McKendrick, E., 2014.Contract law: text, cases, and materials. Oxford University Press (UK). Poole, J., 2014.Textbook on contract law. Oxford University Press, USA. Schwenzer, I., Hachem, P. and Kee, C., 2012.Global sales and contract law. Oxford University Press.

Marketing Plan for Intelligent Ref

Introduction This is a marketing plan for the company’s new product – an intelligent refrigerator with a state-of-the-art digital application. We have baptized it ‘intelligent ref’.Advertising We will write a custom essay sample on Marketing Plan for ‘Intelligent Ref’ specifically for you for only $16.05 $11/page Learn More This is a revolutionary product – a digitally functional refrigerator. It is the first of its kind in the entire world, a refrigerator which can function as a personal computer, cellular phone, and television. It has a built-in central processing unit in which the owner can communicate via the internet; it can act as a cell phone, and it is remote controlled. Moreover, it can also act as a ‘central command’ to all the other appliances in the household where the refrigerator is located. This is the scenario intelligent ref can create. It’s quiet in the house. No human b eings have roamed around in the past several hours, but there are the appliances, and the area is under control by a new kind of robot – intelligent ref. The telephone rings: the phone is not inside the refrigerator, it is outside the refrigerator, somewhere inside the house. But intelligent ref can communicate with it via remote, like an answering device. It hangs up. The door of the ref has an LCD monitor, which also performs the function of a cable television. When intelligent ref notices the seeming peace inside, it feels some music must be played. And so the mellow voice of Paul Anka can be heard inside the house, which is situated in the middle of a bustling American city. Now, here’s the catch. Thousands of miles away, a conference of executives is being held. The situation has become quite tense as the talk is about the conglomeration of several international organizations. A young and pretty executive is in the middle of the long conference table. She stands u p and withdraws himself from the conference, takes her cell phone and calls up. â€Å"Hello there sweety, is everything okay?†Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More â€Å"Everything’s fine, as fine as the way you left me, darling!† Intelligent ref’s voice reverberates through the living room, but it sounds like that of a teen. Intelligent is a multiple personality robot: it can act as confidante, security assistant, and many others as it is well equipped with sensors and CCTV’s inside and outside the residence remotely connected to it, no matter how far is the owner, even thousands of miles conducting a business conference. Intelligent ref is the ref of the digital world. It’s time for a revolution, a revolution in the high-tech world of humans. Never before has this been schemed since the invention of the first refrigerator. Now is the ti me to introduce to the world this appliance which has been the result of years of study and research. American households need low-cost refrigerators. Government data released states that a refrigerator appliance is the highest ranking necessity in an ordinary American household regardless of income level. The refrigerator is highest compared to other appliances, followed by cooking appliances, then by colored televisions. (Energy Information Administration and Residential Energy Consumption Survey, cited in eia.doe.gov, 2004) Timely and ingenuous are the terms we can describe to our planners and engineers in building intelligeng ref. What is more surprising is that it is affordable by the common American household. Intelligent ref comes in various colors – green, red, yellow, and black. There are also custombuilt ones, or those made according to specifications by the customer. We have an intelligent ref for the middle income household, and for the very rich. This latter clas sification has been the result of our planners’ study of what American housewives and consumers need and want. Indeed, the rich don’t care much of what they place inside their refs; it’s the not-so rich who are concerned of the contents of their refs. However, regardless of class, American households are concerned of quantity and quality inside their refs. This company is committed to provide every household the low-cost refrigerator that can boast of quality, durability and style. Marketing Strategy Jobber and Lancaster (2003) highlight the process of the marketing plan. Advertising We will write a custom essay sample on Marketing Plan for ‘Intelligent Ref’ specifically for you for only $16.05 $11/page Learn More SOURCE: Adapted from Jobber and Lancaster (2003). Selling and Sales Management. Sixth Edition, Pearson Education Limited 2003. The plan involves setting up objectives, then determining or preparing the steps a nd activities for fulfill the objectives, organizing for action, implement the steps and actions, until it goes down to measuring the results, re-evaluating and controlling. The whole process is repeated and repeated. Marketing process Target market Small appliances such as television, air-conditioning units/systems, washing machines and spin driers, rice cooker, gas stoves/ranges, etc. are common items in ordinary American households. Refrigerators and air-conditioning units however are our appliance specialties. The target segment for the company’s products is the American household composed of housewives, bachelors and single moms, students, and other independent-minded Americans who are living on their own. The market target use refrigerators like they use any other ordinary appliance at home. The busy executive can make use of intelligent ref like a constant companion Marketing objectives Product – To provide low-cost small appliances to ordinary American househol ds across the country. Intelligent ref is the product of the century and a household name; Distribution – To provide a systematic but effective distribution system throughout the different branches across states. Price – To provide customers affordable and ‘intelligent’ appliances at low, low prices, but appliances that answer to the call of the digital world.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Promotion – To facilitate an effective promotional campaign that will highlight the company as a household name in terms of low cost but quality-oriented refrigerators with digital applications like intelligent ref. Weakness Electronics need new raw-material suppliers to support the small appliance line. There are some difficulties in finding suppliers along this line of products; finding suppliers could prove a hindrance to success. With the emergence of China as supplier/producer of low-cost electronic materials, the company may have to outsource the materials. This is one of the problems of the industry and even in other products – finding the appropriate and efficient suppliers that can give low-cost materials. Since our product, intelligent ref, is new to the market, we will find competitive forces improving their products to compete with intelligent ref. Current or potential opportunities Production of small appliances has always been a challenge to the company w ith our team of expert engineers and planners. We have experienced engineers and designers who have conducted research and intensive study in the production of state-of-the-art refrigerators. We can have the opportunity of leading the market of lowest-cost appliances. We have a small front-end investment but a low debt-to-equity ratio and a high-credit rating that can give us the opportunity to make it big by adding more capital. Environmental forces continue to loom in the horizon. Competitors will look for ways not to allow us to make the edge. The global recession will haunt our entry into the appliance industry market no matter what low-cost, quality product we can offer. Product Our goal is to satisfy the customer in the context of our product. We have described the unique features of our product intelligent ref, and we believe this is one of a kind that should revolutionize the appliance industry. Jobber and Lancaster (2003, p. 256) state that â€Å"Marketing must aim to sati sfy customers.† Therefore, close monitoring with the product and constant consultation with customers will be one of the strategies in introducing the product to the public. Distribution Our own staff to provide effective distribution system. Supply chain should be aided with the latest software, tracing our own products from the moment they leave the warehouse up to the time they reach the stores and the customers. Price Provide customer service warranty, delivery and credit. As the primary objective is to deliver appliances at affordable prices, the original price of the product shall be maintained. Since there is more supply in the market, there seems to be less demand. However this statement needs more proof or empirical study. What is focused here is the price. The price is negotiable because the suppliers of the product are competing to get customers’ attention. The price customers are prepared to pay determines the level of demand for a product or service which a ffects the prosperity of the marketing company and the company’s competitive position in the market place. Price levels have far reaching implications for the national economy. They influence wages, interest rates and government policy. (Lancaster and Reynolds, 2002, p. 28) Price is not the only factor that affects demand, although in some situations companies have achieved similar levels of service, product quality and promotional support and it has become the major element of product differentiation. However, such companies have usually made major marketing efforts to reach such a state of similarity. Price is a key element in the marketing mix and thus relates directly to the generation of total revenue. The following equation is an important one for the entire organization: Profits = Total Revenues – Total Costs Profits = (Price x Quantities Sold) – Total Costs We have the different types of selling, and capitalysing on this particular aspect of marketing, t here are inside order-takers, delivery salespeople, and outside order-takers, among others. The inside order-takers – the typical inside order-taker is the retail sales assistant wherein the customer has full freedom to choose products without the presence of a salesperson. The sales assistant’s task is purely transactional – receiving payment and passing over the goods. Another form of inside order-taker is the telermarketing, sales team who support field sales by taking customers’ orders over the telephone. (Jobber and Lancaster, 2003, p. 5) Promotion Promotion and adverts can be done through the internet. Other additional strategies involve infomercials and multi-media advertising. The internet is a fast-growing and effective communication that has been used by more and more businesses and organizations, not to mention the multitude of people, young and old, who patronize and log on everyday and every minute of the day. Action plan Intelligent ref will be featured in commercials and through the internet. This is the first step in the process – introducing the product to the general public. The population composed of the rich and famous will be the next target. We can apply discounts, employ dealers, and advertise on the national level. Personal selling can be implemented for a long term survival and the sales people can identify customer needs and wants. They are the company’s liaison officers, and they make contact with the outside world. These strategies can be achieved within the three-year period. Managers and supervisors who are in the field can do the monitoring procedures. Complaints and suggestions can be endorsed through the company’s website which will have the weblog portion for the customers and employees. A special team will monitor the effectiveness of the plan. This special team will be composed of managers and staff who have displayed zeal and enthusiasm for the advancement of the company. Act ion plan for the team will include a round-the-clock supervision, somebody to man the website and its complaints department, and a continuous monitoring of the output of the company’s products. The 4Ps is a marketing strategy which refers to product, price, place, promotion; a fifth can be added, which is people. All marketing mix variables could be categorized into just two groups: The Offering (product, packaging, service, brand and price), and The Methods/Tools (distribution channels, personal selling, advertising and sales promotion Marketing Strategy indicates the specific markets towards which activities are to be targeted and the types of competitive advantages that are to be developed and exploited. The strategy requires clear objectives and a focus in line with an organization’s corporate goals; the â€Å"right† customers must be targeted more effectively than they are by its competitors, and associated marketing mixes must be developed into marketing programmes that successfully implement the marketing strategy. A marketing strategy can be likened to a recipe. Lancaster and Reynolds (2002, p. 14) state that ‘The ingredients are the marketing functions. If a minor ingredient is miscalculated or forgotten, a recipe may not be successful. The same is true with marketing strategy where all functional ingredients depend on each other for success.’ A marketing opportunity arises when the right combination of circumstances occurs at the right time to allow an organization to take action towards reaching a target market. An opportunity provides favourable chance or opening for the firm to generate sales from identifiable markets (Jobber and Lancaster, 2003, p. 656). Marketers indirectly facilitate exchanges by focusing information about company activities and products on interest groups (such as environmental and consumer groups), current and potential investors, regulatory agencies and society in general. Some marketers u se cause related marketing, which links the purchase of their products to philanthropic efforts for a particular cause. Cause related marketing often helps a marketer boost sales and generate goodwill through contributions to causes that members of its target markets want to support. Conclusion The strategy will focus on intelligent ref, the refrigerator of the twenty-first century. The marketing mix variables, marketing strategies and tools will be emphasized on the introduction of intelligent ref to the American public. For a firm to be marketing orientated requires that a number of changes take place in organization, in practices and in attitudes. Implementing the marketing concept requires more than paying lip service to the ideas inherent in the concept. References Eia.doe.gov (2004). The Effect of Income on Appliances in U.S. Households. Available from: https://www.eia.gov/consumption/residential/ Jobber, D. and Lancaster, G. (2003). Selling and Sales Management, Sixth Edition , England: Pearson Education Limited. Jobber, D. and Lancaster, G. (2003). Selling and Sales Management, Sixth Edition. Web. Lancaster, G. and Reynolds, P. (2002). Marketing made simple. Great Britain: Butterworth-Heinemann Publications. p. 28. This essay on Marketing Plan for ‘Intelligent Ref’ was written and submitted by user Julianna Joyce to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.