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Singapore is a small Asian state that has made tremendous progress in the last decades in economic and financial terms and is one of the most attractive countries to invest in. The government has strongly promoted an administrative model with reduced governmental involvement, liberalizing sectors and encouraging foreign investments. As a consequence, the country scores highly in all or most of the reports that analyze the ease of doing business.
Singapore is also becoming an important regional hub. As a consequence, starting an enterprise in this country can also be made considering the potential impact in the medium and long-term in the development of the company in other Asian markets. The Asian region is estimated to continue its economic growth in the next period of time, so it would be important to establish a presence there as soon as possible and with long-term implications. Singapore would be a good location…
1. Doing Business 2012. On the Internet at http://www.doingbusiness.org/~/media/GIAWB/Doing%20Business/Documents/Annual-Reports/English/DB12-FullReport.pdf . Last retrieved on November 20, 2012
2. Agence France Presse. 2008. Hong Kong has best judicial system in Asia: business survey. On the Internet at http://www.abs-cbnnews.com/world/09/15/08/hong-kong-has-best-judicial-system-asia-business-survey . Last retrieved on November 20, 2012
Singapore as a Destination for Multinational Corporations (MNCs)
Today, the Southeast Asia region have emerged as a collective of conflicting and developing states to serve as a global hub for international business operations. The continually growing emphasis on globalization and trade liberalization between the western and eastern spheres is having a determinant impact on the outlook for such nations as Vietnam, Cambodia, Thailand and Laos. And most particularly, as Southeast Asia has revealed itself as an increasingly attractive operational venue for multinational corporations (MNCs), Singapore has emerged as an extremely popular venue for profitable investment in technology and production endeavors. As a result, Singapore has emerged as a highly competitive player in the international market, drawing companies from all over the developing and industrialized world with an environment that has been praised as relatively free from corruption, unencumbered by bureaucratic red tape and highly economically dynamic. As the…
CFO Innovation Staff (CFOIS). (2010). Singapore MNCs on Hiring Spree. Cfoinnovation.com.
LowTax. (2009). Singapore: Country and Foreign Investment. Lowtax.net.
Minmin, M.L. (2011). A Diversified Economy Vital Amid Turmoil, Say Hng Kiang. Asia One.
Monetary Authority of Singapore (MAS). (2011). Singapore International Financial Centre Gateway to opportunities in Asia and beyond. MAS.gov.sg.
Singapore has long built its economy on its strategic positioning for trade. The country is now home to the world's second-largest container port according to the orld Shipping Council (2013). The country's position as a leading trade makes it a natural place to find solutions to global supply chain issues, and has also encouraged a significant amount of foreign direct investment in the country. Foreign companies have set up shop in Singapore, often in either services or retail. This paper will analyze some of the issues that foreign firms dealing in Singapore have with respect to global supply chain management.
Starbucks has a significant retail presence in Singapore, but it also benefits from the country's geographic position in a couple of ways. The first is that Singapore is situated in the heart of a fertile coffee-growing region -- critical islands like Java, Sumatra and New Guinea are nearby, as…
IBM. (2013). Supply chain management. International Business Machines. Retrieved April 21, 2013 from http://www-01.ibm.com/software/sg/commerce/supply-chain-management/
LIA. (2011). FedEx Express establishes Singapore regional hub. Logistics Insight Asia. Retrieved April 21, 2013 from http://www.logasiamag.com/article/FedEx-express-establishes-singapore-regional-hub/2332
MHL. (2010). DHL and Singapore launch green supply chain center. Material Handling & Logistics. Retrieved April 21, 2013 from http://mhlnews.com/global-supply-chain/dhl-and-singapore-launch-green-supply-chain-center
Murray, M. (2013). Introduction to the green supply chain. About.com. Retrieved April 21, 2013 from http://logistics.about.com/od/greensupplychain/a/green_intro.htm
Singapore has no capital gains tax, no estate duty, a one-tier tax system, low corporate taxes, low personal taxes, and also a low Goods and Services Tax (GST).
In spite of Singapore's low tax collection rate, and in spite of the fact that Singapore has no natural resources, the country remains one of the richest in the world. Singapore has no foreign debt, high government revenues, and a "consistently positive surplus," ("Singapore Economy: A Brief Introduction"). The reasons why Singapore is able to be so successful both domestically and within the global marketplace environment is that the economy is driven by several key factors including exports (mainly electronics and machinery, but also pharmaceuticals); financial services; tourism; and serving as "the world's largest cargo seaport," ("Singapore Economy: A Brief Introduction"). Singapore's economy is highly diversified, too, with growth deriving from health care services, casinos, media, and information technologies and communication ("Singapore…
"Introduction to Singapore's Political System." Guide Me Singapore. Retrieved online: http://www.guidemesingapore.com/relocation/introduction/singapores-political-system
"Singapore Economy: A Brief Introduction." Retrieved online: http://www.guidemesingapore.com/incorporation/introduction/singapores-economy
"Why Choose Singapore?" Retrieved online: http://www.guidemesingapore.com/incorporation/introduction/singapore-incorporation-advantages
"Why Singapore?" Singapore Startup.com. Retrieved online: http://www.singaporestartup.com/why-singapore
Singapore Airlines has built a reputation as one of the best service providers in the airline industry, and has made this reputation an integral component of its marketing strategy (Skytrax, 2012). The company scores five stars and is one of just a handful of airlines in the world to do so. In order to achieve service excellent, Singapore Airlines draws on a number of strengths. The company has cultivated strengths in safety, food service, and the in-flight experience.
hen the service blueprint of an airline is considered, there are few if any weak points in the Singapore Airlines service offering. The first component is the ticket-buying process. In this Singapore Airlines offers a smooth experience, one that is comparable to competing airlines. The second component of service delivery is where the customer reaches the airport, receives the boarding pass and delivers the luggage. Singapore's hub at Changi Airport is one…
AP. (2012). Singapore Airlines to end world's longest flights. ABC News. Retrieved November 5, 2012 from http://www.abc15.com/dpp/news/national/singapore-airlines-to-end-worlds-longest-flights
Phong, G. (2011). CEO Interview -- Building on strong. IATA. Retrieved November 5, 2012 from http://www.iata.org/pressroom/airlines-international/april-2011/pages/ceo-singapore.aspx
Singapore Airlines. (2012). Customer commitment. Singapore Airlines. Retrieved November 5, 2012 from http://www.singaporeair.com/en_UK/travel-information/customer-service-plan/
Skytrax. (2012). Singapore Airlines. AirlineEquality.com. Retrieved November 5, 2012 from http://www.airlinequality.com/Airlines/SQ.htm
TANSNATIONAL ISSUE IN THE COUNTY
Type of Governmental Structure in Singapore
Singapore, a sovereign republic; officially termed epublic of Singapore, is governed under the constitution of 1959 as amended, utilizes a parliamentary form of government. [footnoteef:1]
Administrative Divisions of Government in Singapore [1: "Singapore." The Columbia Encyclopedia, Sixth Edition. The Gale Group Inc. (2008). http://www.highbeam.com/doc/1E1-Singapor.html (accessed February 11, 2011).]
The people elect the president, head of state, is for a six-year term. The president, in turn, appoints the prime minister to head the government. "The unicameral legislature consists of the 84-seat Parliament, whose members are popularly elected for five-year terms; additional members may be appointed. The supreme court, the nation's highest judicial body, has seven members." [footnoteef:2] The People's Action party (PAP), Singapore's most significant political party, has been in power since 1959. [2: "Singapore." Government Section, ¶ 1.]
Based on the English common law, Singapore's legal system includes…
Doing Business in 2011 Singapore. (2011). The International Bank for Reconstruction and Development / The World Bank. http://www.doingbusiness.org/data/exploreeconomies/singapore (accessed February 14, 2011).
East and Southeast Asia: Singapore. (2011). The World Factbook. Central Intelligence Agency United States of America. https://www.cia.gov/library/publications/the-world-factbook/geos/sn.html (accessed February 14, 2011).
Elections Department Singapore. Government of Singapore. (2011) http://www.elections.gov.sg/voters.html (accessed February 14, 2011).
Guide Me Singapore. "Introduction to Singapore's Political System." (2011). http://www.guidemesingapore.com/relocation/introduction/singapores-political-system (accessed February 11, 2011).
Singapore: Looking Back to the Past for Answers to the Future
According to the Singapore Ministry of Finance the world economy has created a challenging environment for growth in any nation. However, despite these challenges, the Singapore economy has averaged 5% growth per year over the past decade. The Singapore economy has experienced a deep recession over the last two years, but still continued to manage at least minimal growth. Singapore households continue to realize higher real incomes, with median incomes rising over 20% (MOF 2012).
Diversification and globalization have been key components of the success of the Singapore economy. International Services have grown to allow Singapore to become one of the leading business and financial centers in Asia. Manufacturing has been strong as well as new developments in the biomedical sciences and aerospace engineering. These sectors have led growth over the past decade (MOF 2012).…
Bureau of East Asian and Pacific Affairs. Fact Sheet. July 3, 2012. Accessed September 26, 2012. http://www.state.gov/r/pa/ei/bgn/2798.htm
Singapore Ministry of Finance. Report of the Economic Strategies Committee. August 23, 2012. Accessed September 26, 2012. http://app.mof.gov.sg/data/cmsresource/ESC%20Report/ESC%20Main%20Report.pdf
ESC Subcommittee on Seizing Growth Opportunities. July 26, 2012. Accessed September 26, 2012.
Singapore, Nationalism, Global City, Cosmopolitanism
The focus and aim of this term paper is to analyze and explore the concept of nationalism in Singapore with the help of exploring and analyzing different steps and measures on part of government including the promotion of its National Day Parade. In order to understand this phenomenon it is important to first define the concept of nationalism.
Nationalism was considered a historical concept since long and was ignored by the political philosophy. Its importance has revived in the political concept since last two decades. In the recent years the concerns for international justice have evolved greatly therefore the focus has shifted from nationalism to international justice. The issues of terrorism, clash of civilization and supremacy controls have centered the attraction of international political concerns and have created public attention. According to the Graham Evans and Jeffrey Newnham in the dictionary of International elations the…
Gellner, E. (1983). Nations and Nationalism. Ithaca: Cornell University Press, 1983, pp. 6-7. Retreived April 22, 2011 from http://www.nationalismproject.org/books/g_h.htm#Anchor-Gellner-39029
Lim, S. ( 2011) Singapore as a Global City: A Balancing Act. Retrieved from http://wp.sg/2011/01/sylvia-lim-3-concerns-and-2-suggestions-for-singapore/
Nash, K. (2001). The Blackwell companion to political sociology. Wiley-Blackwell. p. 391
Popke, J. (2011). Geography and ethics: spaces of cosmopolitan responsibility. Progress in Human Geography 31(4) (2007) pp. 509 -- 518
What Kind of Singapore Would You Like to See in 15 Years?
Singapore has undergone a number of exciting developments over the past 15 years. The economy has improved dramatically and there is a vast amount of wealth and financial power exercised by the economy. Moreover, the strengths of Singapore's economy -- the exporting and banking economy -- suggest that it will be able to sustain its success in the future. Nevertheless, there are a number of areas in which Singapore's economy and quality of life can improve; this paper discusses some of the social, economic, and political areas for improvement that can take place over the next fifteen years.
Singapore needs to strengthen its use of technology in order to appeal to the youthful population and entice people to remain in the country. The country's economic strength is due in large part to the thriving e-commerce sector. However,…
Kee Hui, T., & Wan, D. (Aug. 2007). Tourists' satisfaction, recommendation, and visiting Singapore. Tourism Management, 28(4), 965-975.
Khan, H. 1996. A brief assessment of Singapore's economic miracle. Philippine Review of Economics 33 (1).
he need for creating place as a differentiator that underscores and strengthens the user experience is critical in entertainment marketing (Klebanow, 2009)
. 2.3 Promotion- Definition
he strategies used for generating awareness of a company and promoting its unique services and program are promotion.
2.3 Promotion - application to tourism operation
In the context of entertainment, promotion is also all about the communicating of what makes a given experience unique, one-of-a-kind and so tied to every other area of the product mix that it cannot be easily duplicated (Klebanow, 2009). his is certainly the case with Disneyland okyo vs. Singapore Sentosa for example. Promotion centers on setting expectations and then devising strategies for their fulfillment. he use of PR programs online has become increasingly pervasive. Social networks are revolutionizing public relations as a result (Bernoff, Li, 2008). hey are also re-defining how casinos actively market themselves and create unique entertainment…
The strategies used for generating awareness of a company and promoting its unique services and program are promotion.
2.3 Promotion - application to tourism operation
In the context of entertainment, promotion is also all about the communicating of what makes a given experience unique, one-of-a-kind and so tied to every other area of the product mix that it cannot be easily duplicated (Klebanow, 2009). This is certainly the case with Disneyland Tokyo vs. Singapore Sentosa for example. Promotion centers on setting expectations and then devising strategies for their fulfillment. The use of PR programs online has become increasingly pervasive. Social networks are revolutionizing public relations as a result (Bernoff, Li, 2008). They are also re-defining how casinos actively market themselves and create unique entertainment programs for patrons (Becker, 2003). Finally, PR has actively been used for creating effective programs for promoting both nations and top-level casinos as the same time (Becker, 2003). All of these factors taken together however are leading to an increasingly reliance on online marketing campaign tools and strategies to capture new customers (Bernoff, Li, 2008). Using the concepts of Web 2.0 technologies, marketers at the Singapore Sentosa will also be able to create more of an ongoing dialogue with potential customers globally, thereby increasing the accuracy and precision
Singapore Airlines has tough competition for other carriers and also has to accommodate a different set of passengers who are not the rich business class, but the middle class on tours, and the new age entrepreneurs. These sections are demanding and are attracted to extra service and low costs. Marketing to this sector means making the Airlines a household word -- which means that effective advertisements in the media plus some services that can differentiate the Airlines from other companies is the only way not only to retain the current market but also to find new ones. One suggested remedy is to renew and find better advertising media and better advertisement for the target market. The second is to come up with costless novel ideas that the customer finds the company differentiated from others. The last one is to find more destinations and thus more traffic. The new position of…
References: Have used only materials from the essay send by the client
Singapore / ivera
The westernization of education has influenced teacher training programs, particularly for school counselors. ivers, Nash, Wah and Ibrahim (2008) wanted to take a look at training of school counselors in Singapore, a tiny Asian city-state where school counseling is just emerging as an independent and recognized profession. The authors wanted to put counselor training in Singapore in its proper cultural context, since schools and their students are different from those in the United States. As the authors point out, U.S. schools are often used as the model for so-called globalization efforts, and ideas do not necessarily translate effectively to the other side of the globe.
ivera et al. acknowledged that two recent articles about the school counseling profession in Singapore, while they provided some information on the historical and cultural context, nevertheless provide an incomplete picture. Still, the authors felt that the two articles they reviewed were…
Rivera, E.T., Nash, S., Wah, B.S.C., and Ibrahim, S.B. (2008). Training school counselors in Singapore: First impressions of a multicultural challenge. Journal of Counseling and Development 86(2), pp. 219-223.
As contrasted with "Singapore," the poem "In Creve Coeur" by Rosanna Warren symbolizes "our tarnished, everyday, ramshackle world of loss, anguish and sacrifice," much like the tone of "Singapore." As a poet, Warren "inhabits... A realm of classic purity, and in some of her best, most moving poems... dwells in both regions at once... " ("Rosanna Warren," Internet). One of the most obvious similarities between these two poems is that both are in an urban setting with the events described in Warren's poem set in the city of Creve Coeur in Missouri. However, this setting is contrasted against Oliver's poem with its Asian setting, being the city of Singapore in Malaysia. Overall, the tone of Warren's poem is one of death, symbolized by the unconscious baby taken from a burning house by a fireman.
The imagery in this poem is quite similar to that found in "Singapore." First of all,…
Global usiness Cultural Analysis: Singapore
The objective of this study is to answer the questions how the major elements and dimension of culture including religion, ethics, values, attitudes, manners, customs, social structures, and organizations integrated in Singapore by local conducting business. As well, this work will answer how these elements and dimensions compare with United States culture and business. Finally, this work will examine the implications for United States businesses that wish to conduct business in Singapore.
The work of Abeysinghe and Choy (2009) reports that the economy in Singapore has been undergone a transformation that has turned it into "…an Asian powerhouse…" due to the "far-sighted economic policies. The economy of Singapore is proof of the outcome of a market-driven economy taking place during fast development of high per capita income, and an environment free of corruption in which the workforce is both motivated and educated. The financial infrastructure…
Abeysinghe, T. And Choy, Meng Choy (2009) The Singapore Economy: An Econometric Perspective. New York: Routledge, 2009.
Abeysinghe, Tilak. 1996. Electronics and Growth Cycles in Singapore. National University of Singapore, Department of Economics and Statistics, Econometrics Studies Unit, Mid-Year Review of the Singapore Economy.
Asian Wall Street Journal. 1994. "Singapore Unveils Plans for Performing Arts Center," July 22 -- 23: 1.
Bachtiar, I. 2002. The conservation story. In Skyline, Commemorative Edition 2002. Singapore: Urban Redevelopment Authority.
Service Quality of Singapore Airline
The focus of this work in writing is the examination of the SERVQUAL model as it applies to a case study of Singapore Airlines in regards to service quality and the application of a conceptual model of service quality. This study will additionally explain the gap in service quality between firm and customer.
The work of Prayag and Dookhony-Ramphul (2010) report that the SERVQUAL model "is still the most widely used scale for measuring service quality. The SERVQUAL scale has been applied to airlines, hotels, financial services, health care, and the public sector." (p.3) uttle (1995) reports that SERVQUAL makes provision of a technology "for measuring and managing service quality (SQ). Since 1985, when the technology was first published, its innovators Parasuraman, Zeithaml and erry, have further developed, promulgated and promoted the technology through a series of publications." (p.8) It is reported that the AI/Inform…
Buttle, F. (1995) SERVQUAL: Review, Critique, Research Agenda. European Journal of Marketing 30,1. Oct 1994.
Parasuraman, A., Zeithaml, V.A. And Berry, L.L. (1985), "A conceptual model of service quality and its implication," Journal of Marketing, Vol. 49, Fall, pp. 41-50.
Parasuraman, A., Zeithaml, V.A. And Berry, L.L. (1986), "SERVQUAL: a multiple-item scale for measuring customer perceptions of service quality," Report No. 86-108, Marketing Science Institute, Cambridge, MA.
Parasuraman, A., Zeithaml, V.A. And Berry, L.L. (1988), "SERVQUAL: a multi-item scale for measuring consumer perceptions of the service quality," Journal of Retailing, Vol. 64, No. 1, pp. 12-40.
These, and a combination of other issues, will cause Singaporeans to become more nationalistic and to revolt against a foreign presence. Toffler has been correct with past predictions; indications indicate that he may well be correct with this one too.
Singapore is already a diverse nation. Unlike Germany whose citizens saw themselves as German, Singapore's citizens see themselves in terms of their background races even if these background races have been in Singapore for already several generations. The four races have their own color, language, creed, and religion and have been long content to remain as this. Nationalism, therefore, seems unlikely to occur in a country that is so diversified -- and content with this diversity - as it already is. Moreover, Singapore is a main island that is surrounded by 60 islets. Nationalism has historically originated in countries that were geographically one solid bloc of land and…
Cy. Nationalism in Singapore? Aug. 8. 2008.
Kerr, a. Sticks and Stones and Lee Kuan Yew. http://http-server.carleton.ca/~gfrajkor/zine97/group2/kerr.html
Malik, a. The People's Friend. Feb. 4, 2011. burnrallytogether.blogspot.com/2011/02/case-for-national-socialism-in.html
DELL Computer Corp. Singapore Establish explain Ansoff's Growth Matrix DELL Computer Corp. Singapore market propose specific strategic actions DELL -establish position a global market leader PCs Industry Singapore (based Ansoff's Growth Matrix) choose focus Market penetration, Market developement, Product development Diversification propose strategy Thank .
Dell Computer Co: Market penetration in Singapore
The Dell Computer Company
While Apple and Microsoft are famous for the unique forms of technology they have created, Dell Computer achieved its success through its innovative supply chain model. What set Dell apart from its competitors was its "consumer-oriented focus" and the fact that it allowed for people to "customize their computers during the ordering process. ecause each computer was individually assembled" Dell could keep inventories fairly low and thus reduce waste, storage, and operating costs (Dell, 2010, Printer Ink Cartridges). Dell also gained a strong reputation for catering to the needs of its customers, and for…
Ansoff Matrix. 2010. Tutor2U. Accessed at http://www.tutor2u.net/business/strategy/ansoff_matrix.htm [December 29, 2010]
Dell. 2010. Printer Ink Cartridges. Accessed at http://printerinkcartridges.printcountry.com/printer-company-histories-press-releases/the-history-of-dell [December 29, 2010]
Dell Singapore. 2010. Official Website. Accessed at http://www1.ap.dell.com/content/default.aspx?c=sg&l=en&s=gen& ;[December 29, 2010]
Facts about Dell. 2010. Official Website. Accessed at http://content.dell.com/sg/en/corp/d/corp-comm/our-story-facts-about-dell.aspx [December 29, 2010]
HK & Singapore
A country's economic growth "may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population…" (Kuznets, 1973). There are a number of methods by which economic growth can be encouraged. These include reducing barriers to business expansion (such as interest rates, tax rates and bureaucracy), increasing transparency in government, increasing population, trade policy, technological innovation and increased exploitation of resources. Singapore and Hong Kong are first-world city states with large populations and limited natural resources. Although both have experienced population increases, density is very high and there is limited room for domestic consumption growth. Likewise, there is limited room for growth in resource exploitation, as neither has excess natural resource capacity. Transparency International ranks Singapore as first in the world for least corruption, and Hong Kong is a strong 13th, so there is little room for improvement (Transparency International, 2010).…
Chung, S. (2005). Technology innovation and economic growth: Korean experiences. World Bank Workshop. Retrieved February 6, 2011 from http://info.worldbank.org/etools/docs/library/144056/Technology_Innovation_and_Economic_Growth.pdf
Kuznets, S. (1973). Modern economic growth: Findings and reflections. American Economic Review. Vol. 63 (3) 247-258.
Li, T. & Florida, R. (2006). Talent, technological innovation and economic growth in China. University of Toronto. Retrieved February 6, 2011 from http://www.rotman.utoronto.ca/userfiles/prosperity/File/Talent_Technological_Innovation_and_Economic_Growth_in_China.w.cover.website.pdf
Padovano, F. & Galli, E. (2001). Tax rates and economic growth in the OECD countries. Economic Inquiry. Retrieved February 6, 2011 from http://findarticles.com/p/articles/mi_hb5814/is_1_39/ai_n28821192/
Starbucks and Gloria Jeans in Singapore. The focus will be on the marketing elements of these two stores. For Starbucks, the store visited was in Raffles City. The Gloria Jeans was in Suntec City Galleria. The focus of the report will be on describing the elements of the marketing mix, including product, price and promotion. A table will be presented, and then there will be descriptions of the findings. Last, an analysis and conclusions will be presented about the marketing traits of these two coffee shop chains.
Starbucks. Exit the MRT and the Starbucks is visible right away. There is a counter in front and a large store with indoor seating area, and a door to the outside. This is a busy area, and there are a lot of customers both European and Asian. The colours have a lot of browns, and some bland, background art on the…
Gloria Jean's Singapore website. Retrieved April 25, 2012 from http://www.gloriajeans.com.sg
NetMBA. (2010). The marketing mix (the 4 Ps of marketing). NetMBA. Retrieved April 25, 2012 from http://www.netmba.com/marketing/mix/
Starbucks Singapore, website. Retrieved April 25, 2012 from http://www.starbucks.com.sg/index.html
VD industry, located in Singapore, offers manufacturing services of components for the auto industry in both GM in the U.S., Europe and other U.S. automakers. In the recent past, this industry expanded in the exporting its products to GM in China. This illustrated a massive growth in terms of marketing for its business. The VD industry operates as a three product divisional strategic businesses, located within the same business complex, which includes; electrical and energy, automotive parts and infotainment (Burnes, 2000, p. 15). As an external change consultant for the VD industry, several factors or assumptions based on the problems experienced by the industry develops acting as an aid in boosting the growth of the company at a much higher scale. Several assumptions emanate from the group level, individual level and the organizational level of the VD industry, thus, the need to develop ideas, which in turn helps in improving…
Burnes, B, 2000, Managing change -- a strategic approach to organizational dynamics, 3rd Ed., Prentice Hall, Harlow, England.
Coghlan, D & Coughlan, P, 2004, 'Collaborative research across borders and boundaries: action research insights from the co-improve project', Research in Organizational Change and Development, vol. 15, pp. 275 -- 95.
Daft, R 2001, Organizational theory and design, 7th Ed. Thomson Learning, Cincinnati,
PRODUCT, PRICE, PROMOTION, PLACE ) OF INGAPORE AIRLINE & #8230;focus on Product ( brand, service quality, service excellence ) .Why product ( brand, service quality, service excellence) price, promotion, place of ingapore Airlines is important ?
ingapore Airlines is a full-fledged carrier service that combines a high-level product with excellent flight service. As of 2011, IA possessed 108 modern passenger planes (mostly Boeing 777 (PREWIRE, 2005) whose average age was six years and three months (ingapore Airline, 2012). IA has, accordingly, achieved the reputation of possessing one of the world youngest fleet of aircraft (PREWIRE, 2005). IA is a member of tar Alliance. he is also the first airline company to internationally operate the world's largest passenger aircraft called Airbus A380 that is comfortably equipped to cater to its passengers' needs.
IA has also diversified into aircraft handling and engineering .Meanwhile, her subsidiary, ilkAir, operates local flights with smaller…
Chan, Daniel. (2000). The Story of Singapore Airlines and the Singapore Girl. The Journal of Management Development. Bradford: Vol. 19 (6):456-473.
Mutzabaugh, Ben (14 December 2010). "U.S., European airlines no longer world's biggest, IATA says." USA Today
PRESSWIRE. (May, 6, 2005).Singapore Airlines: world's largest operator of Boeing 777M2 ( http://proquest.umi.com/pqdweb?did=849692561&sid=5&Fmt=3&clientId=63584&RQT=309&VName=PQD )
Singapore Airline. (2012).
Popularizing akae Foods
ingapore is a multicultural society where many types of cuisines are available, such as Islamic-Halal, Indian, Chinese, Western, vegetarian and low-calorie meals. In order to attract and retain customers, akae will have to develop unique brands and menus that are available nowhere else. In order to be competitive, it will also have to provide a wide variety of foods at reasonable prices to appeal to various demographic groups. Each product has a life cycle of introduction, growth, maturity and decline, which is why the menu will have to be changed every two months, so that customers will not become bored with the same items. New foods will constantly be introduced during each decline phase.
RAW MATERIAL AND UPPLIER
akae uses only the best quality sushi from highly-rated suppliers and has had relationships with the same ones throughout its 20-year history. Its competent and experienced chefs…
Sakae should also expand its franchises overseas, including Western nations, where Japanese food has increasing appeal, and this become a true global brand. Over time, it could develop into the leading international chain of Japanese restaurants.
Sakae Sushi is a well-known Japanese food company that started in 1996 and has now evolved into a global brand, with more than 100 distributors and partners all over the world. Sakae has numerous competitors but it retains its advantages among its customer base of all ages, and its appeal for restaurants. Their product is not Western food, but traditional Japanese cuisine, and this is exactly what consumers want. In the future, the company is going to expand on the global level and give customers the opportunity to experience real Japanese food.
marketing of a Singaporean product: by carrying out a secondary search about the company that manufactures the product or provides the service, a review of the marketing of that product is presented. The paper covers the following areas: Introduction, in which the dissertation if briefly introduced, the product or service is also introduced, and the objectives that are intended to be achieved in the paper are highlighted; Literature review, in which a review of the literature available on the company and its products/services are discussed. Next, the main body of the paper covers the following marketing aspects of the company: Company background; The marketing of its products/services; Segmentation of its markets; The Target Customers; The Product/Service Offering; The Marketing Strategies of the Company; The Marketing Program of the Company; The Strengths of its Marketing; The Weaknesses of its Marketing; Recommendations; Conclusions.
The purpose of this paper is to analyze…
Harvard Business Review (2002), Harvard Business Review on Marketing, Harvard University Press.
Hiam, A. (2000), Marketing kit for dummies, For Dummies Press.
Kotler, P. (1999), A Framework for Marketing Management, Pearson Education.
Kotler, P. (2000), Kotler on marketing: how to create, win and dominate markets, Free Press.
Banner Health is a non-profit health care company, operating in 23 states. Its facilities provide a number of different types of care. Banner is based in Phoenix, and Arizona is home to a large portion of the company's operations. Over the course of the next decade, the baby boom generation will continue to enter its senior years something that will challenge the health care industry nationwide. The challenge will especially be felt in a state like Arizona, where many people go to retire. Banner's strategic objectives include lowering costs, providing high quality care and an excellent patient experience ("About Us," 2015). Banner has more than 3000 providers and the network has over 400,000 members.
Banner's vision incorporates the need to handle the growing population of elderly, with their many health needs. Banner has, for example, built out a large facility in Boulder, CO, as a means of not…
"About Us" (2015). Banner Health Network. Retrieved November 17, 2015 from https://www.bannerhealthnetwork.com/about/who
Armbrister, M. (2012). Just what is Banner Health planning? Biz West. Retrieved November 17, 2015 from http://bizwest.com/just-what-is-banner-health-planning/
Banner Health (2012). Five community organizations will share $4.9 million grant to enhance Arizona's health care workforce PR News Wire. Retrieved November 17, 2015 from http://www.prnewswire.com/news-releases/five-community-organizations-will-share-49-million-grant-to-enhance-arizonas-health-care-workforce-159027625.html
Monegain, B. (2015). Banner Health, Cerner tackle big change. Health Care IT News Retrieved November 17, 2015 from http://www.healthcareitnews.com/news/banner-health-cerner-take-big-change
The country has traditionally relied on growing its workforce as a means of increasing its economic capabilities. hile Hong Kong has done the same in the past, its policy has diverged at this point. Faced with an influx of labour from the PRC, Hong Kong now faces a situation where it needs to focus on bringing in high-end labour, rather than the unskilled labour that is currently flooding in. Singapore shares a similar need, but has less space for new arrivals. A more open border with Johor Bahru on the mainland gives Singapore the ability to house labour out of the country that Hong Kong does not enjoy, but could encourage businesses to relocate there as well, to Malaysia's benefit.
Singapore has also focused on trade more than Hong Kong has. Traditionally, Singapore has adopted a role as a trade hub, where Hong Kong was a finance and insurance hub.…
CEDB. (no date). Home page. Commerce and Economic Development of Hong Kong. Retrieved March 15, 2013 from http://www.cedb.gov.hk/about/index.htm
Chen, S. (2013). Singapore GDP growth beats initial estimate as Asia recovers. Bloomberg. Retrieved March 15, 2013 from http://www.bloomberg.com/news/2013-02-22/singapore-economy-expanded-more-than-expected-in-fourth-quarter.html
Hong Kong Economic and Trade Office. (2009). Hong Kong's growth strategy linked to six new industries. Hong Kong Economic and Trade Office, Canada. Retrieved March 15, 2013 from http://www.hketotoronto.gov.hk/newsletters/hkn0910/policy.htm
Lim, L. (2008). Singapore's economic growth model -- too much or too little? University of Michigan. Retrieved March 15, 2013 from http://www.fas.nus.edu.sg/ecs/scape/doc/24Oct08/Linda%20Lim.pdf
School Counseling - Singapore
School Counseling in Singapore
In the article entitled, "Training school counselors in Singapore: first impressions of a multicultural challenge," authors ivera et. al. explored the history and current situation of school counseling in Singapore. In the article, the authors expressed the need to evaluate the kind and quality of training on school counseling in the country, which requires a culture-specific approach rather than implementing curricula and theoretical frameworks developed in the context and experience of 'western countries' such as the United States and European countries.
In determining this need and evaluating the current scenario in the Singaporean setting, ivera et al. conducted an in-depth qualitative article review of two (significant) studies conducted on school counseling, specifically in the Asia/Singaporean contexts. These studies were identified as follows: (1) E. Tan's (2002) exploration of school guidance counseling in Singapore, focusing on its history and eventual development into a…
Rivera, E., S, Nash, B. Wah, and S. Ibrahim. (2008). "Training school counselors in Singapore: first impressions of a multicultural challenge." Journal of Counseling and Development, Vol. 86, No. 2.
Country and Company of Specialty Marketing Strategy
Introduction about Singapore
Introduction of Chipotle Mexican Grill, Inc.
Background of Chipotle Mexican Grill, Inc.
Global Macro Environment
Macro Environment Analysis, PEST analysis
Politics, ules and egulations
Society and culture
Opportunities and the threats
Global Competition Analysis
Primary competition in the selected market
Entry Strategies Discussion & Evaluation in the selected country
Entry Strategy Selection and discussion in the selected country
Target market analysis & segmentation
Target market analysis
Target market segmentation
Global Marketing Mix Strategies
Current product strategy with examples
ecommended product strategy
Current price strategy with examples
ecommended price strategy
Current promotion strategy with examples 13
ecommended promotion strategy 13
Place strategy 14
Current place strategy with examples 14
ecommended place strategy 14
Chipotle Mexican Grill, Inc., simply referred to as Chipotle, is a…
Bogoslaw, D. (2008). Growing Pains for Chipotle. Business Week Online, Retrieved 25 June 2015 from Business Source Premier Database.
Business Week Online. (2007). Chipotle: Fast Food with Integrity. Business Source Premier.
Chew, E. (1991). A History of Singapore. Oxford: Oxford University Press.
Chipotle Mexican Grill, Inc. (2014). 2014 Annual Report. Retrieved 25 June 2015 from: http://ir.chipotle.com/phoenix.zhtml?c=194775&p=irol-reportsAnnual
Singapore's Socio-Cultural Environment stephv73
The Socio-Cultural Environment of Singapore Compared to That of the United States
For anyone wishing to do business in Singapore, it must be remembered that the socio-cultural environment in Singapore is very different from that of the United States. In order to conduct business in Singapore successfully, these differences need to be learned and accounted for in all business transactions, in customer care, and in employee management. Otherwise, one runs the risk of offending someone, of breaking the law, or of alienating potential and current customers. This paper gives a brief overview of the socio-cultural environment of Singapore, and touches on the things that are important for an American businessperson to know before doing business in that nation.
One of the first things that should be remembered about Singapore is that education is extremely important to people there. The academic approach in Singapore is very precise.…
Aglionby, John. "Singapore's Fine Culture Keeps People in Line." Guardian Unlimited. 2002. http://society.guardian.co.uk/localgovt/story/0,7890,824572,00.html .
Maysami, Ramin Cooper and Valerie Priscilla Goby. "Creating a Conducive Environment for Small Businesses Operating in Singapore." Nanyang Business School. n.d. http://www.sbaer.uca.edu/Research/1998/ICSB/g003.htm>.
Strategic Planning- Tourism Strategic Plan Lewis-Clark Valley
Lewis-Clark Valley is the beautiful site of Lewiston, Idaho and Clarkston, Washington. The historical background of this valley is rich in cultural stories and its own heritage that dated back in some 18th century. The area has been land of Nez Perce Indians who had travelled to this valley and lived long in the land and rivers. The valley is so named because in the 1805, the Corps of discovery explorers Meriwether Lewis and William Clark visited this place and was welcomed by the native people. This meeting and warm welcome has developed good relations with the land and its people thus named it after their second names. Lewis-Clark Valley is the land of miners, merchants, railroaders, millworkers and farmers. Its geographical location is somewhere 465 miles from the Pacific Ocean at the convergence of the Snake and Clearwater ivers.
The cities of…
Aepel, T. (1997). Not All workers Find Idea of Empowerment as Neat as It Sounds. The Wall Street Journal, retrieved July 15, 2011 from http://www.sba.muohio.edu/snavely/empower.htm
David, F. (1999). How Companies Define Their Mission, Long-Range Planning, 22 (3), 90 -- 97.
Langley, A. (1998). The Roles of Formal strategic Planning, Long-Range Planning, 21 (3), 40-50.
Markides, C. (1999). A dynamic view of strategy. Sloan Management Review, 40 (3), 5 -- 63.
Services Marketing Strategy eport
The airline business is among the most competitive sectors in the economy. The business requires the investors to invest huge amounts of capital to sustain the operations of the business. The difference in the capital available has resulted into emergence of superior airline companies that have dominated the global market. The airline companies are mainly a service delivery oriented offering transport for passengers and language.
The airline company under evaluation is Singapore Airlines. The company was incorporated in 1947 originally as Malayan Airways Limited. With the help from British Commonwealth airlines, the company increased its fleet size to become among the major players in the airline industry. The company has a strong presence in Asia, which is the major market. The company operates trans-Pacific flights, which increase revenue. The company also diversifies its operations to provide services like as aircraft managing and engineering services (Lee &…
Beiske, B. (2007). Loyalty management in the airline industry. Mu-nchen: GRIN Verlag GmbH.
Capon, N., & Hulbert, J.M. (2007). Managing marketing in the 21st century: Developing and implementing the market strategy. Bronxville, N.Y: Wessex Inc.
Chary, S.N. (2009). Production and operations management. New Delhi: Tata McGraw-Hill.
De, L.C. (2003). The Rough guide to Malaysia, Singapore and Brunei. New York: Rough Guides.
Psychology of Consumer Behavior
Consumer perspectives on the emerging culture of consumption in Singapore
The consumption style of consumers alludes to the mental approach or orientation a purchaser has towards settling on decisions. Although purchaser choice making style depicts a consistent trend of affective and cognitive responses, national culture has been demonstrated to have an effect on individual attitudes and values. In this way, culture has a noteworthy impact on consumption trend in Singapore (Mooij & Mooij, 2011). This study will embrace buyer research into consumption styles to improve comprehension of how culture shapes consumption trends across Singapore. Primarily, this study will evaluate and confirm to the identified Singaporean culture. Minimal research analyzes cultural factors shaping buyer decision making. There is confirmation of cultural aspects in the purchaser's styles of making choices for fashion although no study has covered if this impact extends to the purchase of general…
Gelfand, M.J., Chiu, C., & Hong, Y. (2011). Advances in culture and psychology: Volume 1. Oxford: Oxford University Press.
Mooij, M.K., & Mooij, M.K. (2011). Consumer behavior and culture: Consequences for global marketing and advertising. Thousand Oaks: SAGE Publications.
This presents challenges because neither high-pressure compressed hydrogen gas nor cryogenic liquefied hydrogen can easily be handled at home." (Panasonic, p. 1)
This underscores the reality noted by this proposal and cast to further examination in the research justified by this proposal that any real implementation of an energy source transformation would be a considerable commercial, political, economic and practical endeavor.
All of that noted, it still remains that case that hydrogen has the potential to light the way for a better fuel economy, a more efficient society and a more pristine environment in Singapore. This is because at its root, hydrogen carries not just the potential for clean-burning but also for greater energy-storing capacity. According to the Fuel Cell & Hydrogen Energy Association (FCHEA) "hydrogen is the lightest gas and also the most energy-dense fuel per mass. One pound of hydrogen holds 52,000 Btu, three times the energy of…
Fuel Cell & Hydrogen Energy Association (FCHEA). (2010). Hydrogen Energy Overview. FCHEA.org.
Linde Group (LG). (2010). Hydrogen Energy. Linde Industrial Gases.
Ministry of the Environment and Water Sources (MEWR). (2010). Climate Change and Energy Efficiency. http://app.mewr.gov.sg
National Climate Change Committee (NCCC). (2008). Singapore's National Climate Change Strategy. app.mewr.gov.sg.
organizational dynamics of Coffee Bean & Tea Leaf, Singapore with a reference to the relevant theories. The strengths and weakness are highlighted and then recommendations made on how to improve the daily running of the franchise.
Overview of the company
Organizational culture at Coffee Bean and Tea Leaf
Overview of the company
Coffee Bean & Tea Leaf Singapore is part of a larger organization (a franchise) that deals in coffee and tea as their specialty. The company is headquartered in Los Angeles California and is owned as well as operated by International Coffee & Tea, LLC (Hoovers,2011).
In Singapore, the company it operates under the business name Coffee Bean & Tea Leaf (S) Pte. Ltd. It operates both tea and coffee stores in the country (Singapore). In its stores it offers coffee bean brews, lunch, breakfast, tea as well as cakes. The company is…
Jay Galbraith's model of an organizational structure still remains to be the most influential design framework and has a lot of under laying messages. Galbraith (2005) posits that there is no single successful design for any organization hence the need to be dynamic. Any organization should strive to implement only the features that support it's strategy and hat will enhance it's growth and development and change all those that are nit in tandem with the organization's goals and objectives (Mohrman 2007).
Coffee Bean and tea Leaf is a successful organization whose management can be improved by making a few changes to its organizational structure.It is important for the workers to be given more autonomy for the franchise to achieve success.
During the investigative process, this researcher documents the formulation and thinking of the citizenship education programme in a typical Singapore secondary school.
Singapore, a contemporary strategic island known as one of the world's busiest economic powerhouse seaports, also currently constitutes a major global banking, petroleum, and ship building center. During the past few decades, Singapore, considered a "melting pot of cultures" moved to the top of considerations for international travelers. "A bridge and causeway connect Singapore to the Malaysia mainland…." (Singapore, 2008) Due to problems evolving from the aggressive current patterns of the Strait of Singapore, however, vital, on-going land reclamation projects routinely occur.
Regional fishermen and pirates originally claimed Singapore, at one time part of the Sumatran Empire of Srivijaya. During the 16th century, European control of the Malaysian area began. In 1819, Britain founded Singapore as a British trading colony, and consequently built one of Britain's most vital…
Figure 8: Yishun Town Secondary School Location (1) (Yishun Town Secondary, 2008)
X -- pic in other TEMPLATE
Figure 9: Yishun Town Secondary School Location (2) (School Information Service, 2008)
Silence too is an important part of communication in Singapore. It is customary to pause before answering a question, to indicate that the person has given the question the appropriate thought and consideration that is needed. Westerners habit of responding quickly to a question, to Singaporeans, often indicates thoughtlessness and rude behavior. Their demeanor is typically calm, and Westerners more aggressive style is often seen as off putting ("Singapore: Language," 2009). Authority is to be respected for both employees of an organization, in Singapore, and when dealing with other organizations (Tse, 2008), and communication content and tone should represent this respect. Business etiquette is also different in Singapore than in many Western countries.
Cultural Business Etiquette in Singapore:
Business is more formal in Singapore than non-Asian organizations are often used to. There are strict rules of protocol, with a clear chain of command, which is expected to be kept on…
Choy, W. 1 Jul 2007, "Globalisation and workforce diversity: HRM implications for multinational corporations in Singapore," Singapore Management Review, http://www.allbusiness.com/public-administration/national-security-international/4509815-1.html .
Edewor, P. & Aluko, P. May 2007, "Diversity management, challenges and opportunities in multicultural organizations," International Journal of Diversity in Organisation, Communities & Nations vol. 6, no. 6, pp. 189-195.
Hofstede, G. Feb 1993, "Cultural constraints in management theories," Executive, vol. 7, no. 1, pp. 81-94.
Ismail, R. & Shaw, B. Feb 2006, "Singapore's Malay-Muslim minority: Social identification in a post 9/11 world," Asian Ethnicity vol. 7, no. 1, pp. 37-51.
Despite the positive contributions they generated upon the culture and economy of Singapore, the foreign citizens, mainly Chinese, have also given birth to some less pleasant effects. In terms of education and healthcare, the costs of these types of services increased and in the future could materialize in increased fiscal pressure as a means of covering the expenditures. The housing sector has also been impacted in two manners -- structurally, there has been noticed an increase in facilities used as business 'offices' and secondly, there has been registered an increase in retail prices for the purchase and rental of real estate properties. In terms of language, the 42% immigrants are generally able to become integrated. Crime rates have however increased and nearly one percent of this growth is directly linked to immigration.
Abet, C., Localization vs. Globalization, The Architectural eview, Vol. 196, 1994
Brimelow, P., Immigration's Impact on Education…
Abet, C., Localization vs. Globalization, The Architectural Review, Vol. 196, 1994
Brimelow, P., Immigration's Impact on Education and Multiculturalism, 2005, The Social Contact, Retrieved from http://www.thesocialcontract.com/pdf/fifteen-four/xv-4-269.pdf on May 15, 2009
Ng, Julia, Singapore's Birth Trend Outlook Remains Dismal: Sociologist, February 7, 2007, Channel News Asia, http://www.channelnewsasia.com/stories/singaporelocalnews/view/257208/1/.html last accessed on May 15, 2009
Crime Rates on Rise in Singapore: Minister, Singapore Window, 1999, http://www.singapore-window.org/sw99/90309xin.htm last accessed on May 15, 2009
Project Management: Case Study in Managing a Complex Shipyard Project in Singapore
Background of Complex Shipyard Construction Project
Project Overview and Objective
ork Process of Building Construction
Issue Analysis in Shipyard Construction Project Management
Literature Review of Project Management
Issues in Scope Management
Methodology of Scope Management
Lessons Learned from Scope Management
Issues in Cost Management
Methodology of Cost Management
Lessons Learned from Cost Management
Issues in Human Resources
Methodology of HR Management
Lessons Learned from Human Resource Management
Case Study in Managing a Complex Shipyard Construction Project in Singapore
This paper introduces the special features of a completed shipyard project, together with its construction and human resource management processes as well. The organization of the paper provides an introduction to the topic, an overview and background of the In the first part, this project illustrates overview of the complex background of a complex ship-building project as…
Guide to the Project Management Body of Knowledge. Best Practices for Project Scope Planning. [Online]. Available: http://www.tensteppb.com/5.2.02TSProjectScopePlanningTechniques.htm .
About Us. (2004). Keppel Shipyard. [Online]. Available: http://www.keppelshipyard.com/corporate/aboutus.asp.
Badiru, Adedeji Bodunde. Quantitative Models for Project Planning, Scheduling and Control. Westport, CT: Quorom Books, 1993.
BP awards U.S.$20 million follow-up job to Keppel yard. (July 26, 2004). Keppel Corporation. [Online]. Available: http://www.kepcorp.com/press/press.asp.
Singaporean Youth and No Sense of Belonging
With the entrance of foreigners, Singaporean youth claims to have lost their sense of belonging and ownership in Singapore, this was reported by a 23-year-old student at one convention when the guest speaker was saying something quite the opposite. The Singaporean youth doesn't know "what it is defending anymore" since the influx of foreigners in the country has caused fragmentation of nationalistic spirit. There is no single identity attached to being a Singaporean and hence the youth doesn't have the same sense of ownership that it once enjoyed because it no longer believes that Singapore belongs to any single national identity. What the youth is now experiencing is something that has long been felt in the political circles and argued in political discourse i.e. lack of sense of belonging and increased alienation.
It must be understood that the problem goes back to the…
Kluver, R. & Weber I. Patriotism and the Limits of Globalization: Renegotiating Citizenship in Singapore. Journal of Communication Inquiry 27:4 (October 2003): 371-388
" (Lee, 2009)
Core labor standards are stated by Lee (2009) to be "more or less the basic labor rights: that is, the International Labor Organization (ILO) core labor standards that have been confirmed by the UN Global Compact and adopted or discussed by the GRI and ISO 26000." (Lee, 2009) Those standards include the following: (1) a guarantee of the three labor rights (organizing, collective bargaining, and collective action) based on freedom of association, (2) a ban on forced labor, (3) a ban on child labor, and (4) no discrimination in labor. (Lee, 2009) Stated as important secondary standards are those as follows: (1) responsibility for employment; (2) industrial safety and health; and (3) training and education. (Lee, 2009) Lee states that western multinational companies "...are capable of investment, innovation, and reporting for SR, because they have been exposed to the CSR movement for some time. Thus companies in…
Malaysia (2009) Office of the United States Trade Representative. 8 Oct. 2009. Online available at: http://www.ustr.gov/countries-regions/southeast-asia-pacific/malaysia
Thailand (2009) Office of the United States Trade Representative. http://www.ustr.gov/countries-regions/southeast-asia-pacific/thailand
Singapore (2009) Office of the United States Trade Representative. http://www.ustr.gov/countries-regions/southeast-asia-pacific/singapore
Hong Kong (2009) Office of the United States Trade Representative. http://www.ustr.gov/countries-regions/china/hong-kong
Quantity = 3000 X 10% = 3,600
SP = 50 x 110% = 55
Quantity x SP = 198,000
Less: Returned Sales = (6%x198,000)
Sales Projection = $186,10
Beginning Inventory $1 X 400 = 8400
Production $4 X 800 = 1900
Cost of Goods Sold 700 units
FIFO (1 X 400) + (4 X 300) = $15,600
Beginning Inventory $10 X 75 = 8400
Production $14 X 650 = 1900
Cost of Goods Sold 700 units
LIFO (14 X 650) + (10 X 350) = $1,600
Sales and Cash Collections Budget
Quarter Ending Dec 31st, 011
Total cash sales (40%)
Total credit sales (60%)
Current month cash sales
Collection of credit sales
Total cash collections
Quarter end receivables
23. you are the vice-president of finance for Exploratory resources, headquartered in Houston, Texas. In January 2010, the firm's Canadian subsidiary obtained a six -- "month loan of 100,000 Canadian dollars from a bank in Houston to finance the acquisition of a titanium mine in Quebec province. The loan, the spot exchange rate was U.S..$0.8990/Canadian dollars and the Canadian currency was selling at discount in the forward market. The June 2010 contract (face value= $100,000 per contract) was quoted at U.S.. $0.8920/Canadian dollar.
A. explain how the Houston bank could lose on this transaction assuming no hedging.
B. If the bank does hedge with the forward contract, what is the maximum amount it can lose?
) I will etun to the stengths and limitations of gowth accounting as a tool to use to assess the economic development of these nations below.
Gowth accounting is an economic method designed to measue the elative and absolute contibutions of diffeent factos to economic gowth and development. Developed by Robet Solow in 1957, this methodological appoach disaggegates o decomposes the diffeent elements of economic gowth. The most impotant assumption of this method is that the goss output of an economy can be analyzed into inceases in the ange of factos (pimaily inceases in labo and in capital) and which cannot be accounted fo by discenible changes in the utilization of these factos.
Anothe way of explaining Solow's model is this: The unexplained pat of gowth in an economy's GDP is best undestood as a simple incease in poductivity, with poductivity being defined in common-sense tems as achieving…
For example, when I examine the data that Sarel (1996) finds inconclusive (he writes that the labor and capital accumulation vs. total factor productivity debate remains inconclusive") I find to be entirely conclusive -- in the direction of an exogenous model that is based on an assessment of factor accumulation rather than a reliance on a significant element of technological innovation as prompted by government incentive and intervention. But Sarel is impelled to ask what might have been the effect of governmental intervention and to investigate how these may have interacted with initial conditions that obtained. Taking into account only those factors that lie outside of governmental influence simply does not make sense to him (or other non-neoclassical economists), even when the picture is in fact complete. Sarel (1996) concludes:
The study does not offer clear and conclusive results nor does it make clear policy recommendations. Its main judgment is that, from a positive point-of-view, a promising avenue for the explanation of growth performance is the examination of initial conditions. Nevertheless, from a normative point-of-view, it is far from clear what specific policies governments should pursue, beyond the standard set of policies aimed at getting the basics right.
I find it fascinating that Sarel should be impelled to try to divine -- like someone seeking water with a forked stick -- the (beneficial) effects of governmental influence in the Four Tigers as necessary to understand how these nations might have accomplished the level of growth that they have.
In other words, Sarel sees the hand of the national governments even when there is no good factual evidence for this. This does not mean that his scholarship should be considered in any way to be dishonest. Rather, I am simply using his work (which raises important questions) as a demonstration of the ways in which initial assumptions and beliefs about the nature of markets (and about human nature) affect how we read economic indices.
In this particular sense, private and state institutions made decisions that would aid them produce and sell more, in the hope of registering increased profits. They however neglected the natural resources of the land and most of the strategies implemented damaged the land, eliminated greenhouse gases and increased pollution. The country is only now trying to adapt their decisions to the requirements of the environment and laws are being voted to reduce eliminated waste and to encourage recycling. In China on the other hand, environmental protection has been a more central point in the decision making process and the Chinese population, however existent in impressive numbers (over 1.3 billion), has not generated severe side effects upon the planet. A relevant example of how the Chinese manufacturers implemented environment protection strategies resides in their production of small size and fuel efficient vehicles which - in comparison to the luxurious, large and…
Stanbury, J., Case 14: A First-Time Expatriate's Experience in a Joint Venture in China, Comprehensive Cases
Lim, L.H., Raman, K.S., Wei, K.K., 1990, Does GDSS Promote More Democratic Decision Making? - the Singapore Experiment, System Sciences, Volume 3, Issue 2-5 January, pp.59-68
Leonard, a., 2008, the Story of Stuff, http://storyofstuff.ethicalbrand.org/last accessed on March 28, 2008
Singapore: History, Asian Studies Network Information Center, http://inic.utexas.edu/last accessed on March 28, 2008
Lipo Down Plan
Outline of MarCom Campaign- The epublic of Singapore is a SE Asian City State known for its strong commitment to education, modernization, and cleanliness. Over 5 million people live in Singapore, boasting the 3rd highest per capita income of almost $60,000 International dollars. The population is vital, median of 37 years old 87% home ownership and one of the highest mobile phone subscriber densities in the world (Key Demographic Indicators, 2012). All of this contributes to a large number of people who are modern, image conscious, tuned into the modern world of social networking, technologically adept, educated, and consistent with a population with disposable income. Body image is of the upmost importance to a large percentage of Singaporeans; both male and female, but particularly females. Lipo-Down is a natural supplement made from Japanese Wakame Seaweed with the purported benefits of burning fat cells 24/7. While sales of…
UniqueFrequence.com (2012). Social Media & Digital Marketing in Singapore.
Retrieved from: http://uniquefrequency.com/
Key Demographic Indicators. (2012). Government of Singapore. Retrieved from:
[footnoteRef:32] This lack of forces for other Pacific struggles generally weakened the Japanese war effort, as the Japanese were forced to fight those battles with insufficient men, weapons, ammunition and other related materiel. [27: Eric Hammel. Guadalcanal: Decision at Sea: The Naval attle of Guadalcanal, November 13-15, 1942. Pacifica, CA: Pacifica Military History, 1999, p. 346.] [28: Colin G. Jameson. "attle of Guadalcanal: 11-15 November, 1942." www.history.navy.mil Web site. 1944. http://www.history.navy.mil/library/online/battleguadalcanal1942.htm (accessed March 18, 2013), p. 78.] [29: Robert Leckie. Challenge for the Pacific: Guadalcanal: The Turning Point of the War (Paperback). New York, NY: antam ooks, 2010, pp. 127-128.] [30: Mark Stille. USN Cruiser vs. IJN Cruiser: Guadalcanal 1942. New York, NY: Osprey Publishing, 2009, pp. 19-20.] [31: Leckie, p. 306.] [32: Ibid.]
The Allied victory at the Naval attle of Guadalcanal through the leadership of Vice Admiral William F. Halsey, the Southwest Pacific Theater commander, was also a…
Baer, George. One Hundred Years of Sea Power: The U.S. Navy, 1890-1990. Stanford, CA: Stanford University Press, 1993.
Frank, Richard B. Guadalcanal: The Definitive Account of the Landmark Battle. New York, NY: Penguin Books USA, Inc., 1992.
Hammel, Eric. Carrier Clash: The Invasion of Guadalcanal and the Battle of the Eastern Solomons: August, 1942. St. Paul, MN: Zenith Press, an imprint of MBI Publishing Company, 2004.
-- . Guadalcanal: Decision at Sea: The Naval Battle of Guadalcanal, November 13-15, 1942. Pacifica, CA: Pacifica Military History, 1999.
agree with the belief that the Asian financial crisis was rooted in governmental interference. I also agree with the fact that the export-led model is no longer sustainable because international markets are saturated. The mandating and structuring of regional markets by the nations in East Asia, particularly Japan, China, Malaysia, and Singapore, have proven to be devastating to their relative economies.
In order to understand the Asian financial crisis, it is important to explore its origins. Throughout the 1980s, the Asian countries, particularly Japan, experienced major financial growth. Industries, especially those involving high technology, were thriving in East Asia (Sato, Ryuzo, and Takashi Negishi). In the mid 1990s, signs began to emerge that the economy was much less stable than people had originally thought (Sato, Ryuzo, and Takashi Negishi).
Firstly, capital account surpluses were greatly exceeding the deficits of many of the East Asian countries, including Japan, Malaysia, and Singapore.…
Goad, Pierre. "Look Homeward, Asia." Far East Economic Review. 10 June
1999. Accessed 8 June 2003. http://www2.gol.com/users/coynerhm/look_homeward.htm
Hsu, Robert. Economic Theories in China. Cambridge: Cambridge UP. 1991.
Liping, Xia. "The Trends of Japan's Economy and Foreign Policy." (Electronic
The company also believes that vertical integration is critical to driving added value, by improving efficiency and by ensuring higher quality end products. It also views its research capabilities, its management team and its in-house seed supply as strengths from which it can draw competitive advantage. That said, the company appears to have a lack of cost control, which is a key weakness. In addition, it lacks diversification away from the palm oil business, with soybean oil being a relatively small component of its operation. Another weakness at Golden Agri is the lack of brand development. It has a large number of end-use products but many of these lack powerful, established brands. The company likely needs to offer more marketing support, as it has not competed in the retail sector long enough to build brand strength.
There is no harm in Michael buying shares of Golden Agri, but…
Golden Agri website. (2010). Retrieved March 21, 2010 from http://www.goldenagri.com.sg
Golden Agri 2008 Annual Report. Retrieved March 21, 2010 from
Without taking into account these factors, strategic planning will not measure up to the requirements of planning adequately for the future.
The author also notes that the complexity of strategic planning is increased by the flexibility of the all the factors involved. Thorough analysis is therefore required to construct a viable strategy that takes into account as many factors as possible. As an example, Habegger (2009: 3) mentions the United Kingdom, whose strategic foresight has been at the root of the country's national policy since the 1960s. Beginning as a way to enhance the innovative force of the British industry, the strategy has grown to include social, ecological, technological and political aspects. One part of this improved strategy is the "Horizon Scanning Centre," established in 2004. Its two core activities include the Sigma Scan and foresight projects. The Sigma Scan involves an information basis for all foresight activities, based upon…
Barber, M. 2006. Wildcards -- Signals from a future near you.
Conway, M. 2005. Strategic Planning Revisited: A Futures Perspective. World Futures Society Annual Conference.
Edmund, N.W. Decision Making: A Guide to creative Decision Making and Critical Thinking.
Graves, T. Stealth Foresight for Innovation: Creating support for creative change in large organisations in Australia. Journal of Futures Studies. November, Vol. 12, No. 2.
personal statement University Waterloo . I'm applying Mathematics (Co-op Regular ) . Please write essay stating reasons choosing program waterloo 1. Education Goals 2. Interest chosen programs
My life experiences have come to define who I am today and the choices that I am currently making reflect my background. From a very young age I realized that I enjoy studying and applying formal sciences and this practically influenced me to achieve better results in these fields, as I enjoy doing what I like and this felt natural. Whenever someone questioned me about my degree or about how I saw my future I always responded by saying a joke involving mathematics hoping that the respective individual would immediately understand that this particular domain is very important for me.
Many people in the contemporary society tend to ignore the importance of mathematics because of its "cooler" counterparts. With technology experiencing significant advancement…
Taiwanese Chinese person and a college graduate. Included in the completion of my degree are a B.S. In International Business and a B.S. In Computer Information Systems. In terms of my future goals, I believe a postgraduate degree from the San Francisco State University will equip me adequately for what I have in mind.
I am currently employed as a Garment Quality Control Assistant Manager in Singapore. While this is a fulfilling job, I would like to expand my horizons to better suit the studies I have already completed, as well as the further studies I intend to pursue. If I successfully complete my postgraduate studies, future job prospects will prove more promising. My knowledge in International Business and Computer Information Systems will in this way help me to further my career either at my own company, a new company, or indeed at a company that I start on my…
Social dynamics, meanwhile, look into the prevalent perception of JI's society and the international viewpoint on radical Islamism. Lastly, the political dynamics centers on the viewpoints supporting and opposing JI activities, specifically its linkage with Al-Qaeda.
Explicated earlier is the ultimate goal of JI in establishing itself as an Islamic militant group: to create an Islam-centered social order, starting specifically in Indonesia. Jones' (2005) analysis of the history of JI as a terrorist organization delved deeply into the events surrounding its early establishment in Indonesia, and its later development as one of the Muslim groups who subsisted to jihad to promote this main objective.
Jihad is an important concept in the lives of JI members, for this became the manner in which it succeeded in increasing its membership and strengthening its network of Muslim militant groups, both locally and internationally. Among the initial contacts that JI had in…
9/11." (2006). Foreign Policy, Issue 156.
Chehab, Z. (2006). "Al-Qaeda: Still a step ahead." New Statesman, Vol. 135, Issue 4799.
Jones, S. (2005). "The changing nature of Jemaah Islamiyah." Australian Journal of International Affairs, Vol. 59, Issue 2.
Kaplan, D. (2003). "The shadow over the summit." U.S. News & World Report, Vol. 135, Issue 13.
Porter's Five Forces Analysis
Bargaining power of buyers -- low; individual consumers cannot influence the price, but large buyers can negotiate better contracts
Bargaining power of suppliers -- low, as they need the tea companies to buy their items
Barriers to entry -- relatively high due to the maturity of the market
Substitute products -- their threat is increased, including items such as sodas, bottled water, juices or coffee and coffee-based beverages
Competitive rivalry -- increased as all players strive to improve their competitive positions, increase their access to customers and increase their market share.
4. Solution Generation and Evaluation
Before generating a solution, it is necessary to look at the problem encountered by the Australian Easy Tea Company from three different angles -- the 5W questions, fishbone diagrams and the Pareto analysis.
The 5W questions:
Who? The Tea Easy Australia Company
What? Cannot improve its competitive position
Burt, J., Growing green tea in Western Australia: development of a green tea industry in the Manjimup / Pemberton area, Government of Western Australia, Department of Agriculture and Food, http://www.agric.wa.gov.au/PC_92186.html?s=1001 last accessed on March 4, 2010
Moore, C.W., 2008, Managing small business: an entrepreneurial emphasis, 14th edition, Cengage Learning EMEA
1999, 4804.0 -- National Nutrition Survey: Foods Eaten, Australia, 1995, Australian Bureau of Statistics, http://www.abs.gov.au/Ausstats/[email protected]/e8ae5488b598839cca25682000131612/9a125034802f94ceca2568a9001393ce last accessed on March 4, 2010
2010, the World Factbook -- Australia, Central Intelligence Agency, https://www.cia.gov/library/publications/the-world-factbook/geos/au.html last accessed on March 4, 2010
By joining such groups she will get a chance of meeting people with whom she shares common interest thus feel part of the wider population.
As a follow-up it would be necessary that I keep checking on her at least ones or twice a week, enquiring from her whenever she feels like hanging out and to find out her general status. In the process of visiting her, I would take the opportunity to persuade her to attend special events and to at least join a group or two, in case she hasn't. Given that she is a frequent visitor on Skype chat room, I would as well register as a user and add her as a friend thus I'll be able to chat with her more frequently and on the process get to know how she is fairing.
I clearly understand how it feels to move from one…
Bush, the primary
strategy for U.S. engagement of partners revolved on the conditions
provoked by the ar on Terror. This is evident in the ends, ways and means
of addressing the situation in Somalia, where Bush cites as the primary
priority for all partners involved to end war. Indeed, the intended ends
of the strategy are the transformation of Somalia into a peaceful
democracy. The ways proposed have seen the formulation of a regional
alliance helmed by the United States, which such partners as Kenya,
Djibouti, Ethiopia and Yemen have come together to assist Somalia in
extracting the cause of its conflict. To the perception of the Bush
administration, this cause is the presence of terrorism, with the means of
strategy implementation centering on the need to "eliminate the terrorist
threat and promote political stability by supporting the establishment of a
functioning central government." (Bush, 7)
4. The strategy described…
Bush, G.W. (2007). Report on U.S. Strategy Toward Somalia. Report to
Gates, R.M. (2008). International Institute for Strategic Studies. U.S.
Department of Defense.
The stability is evident in the statistics as well. Between 1880 and 1914, the golden age of the gold standard, inflation averaged 0.1%. Between 1946-2003, even with Bretton oods, inflation average 4.1% (Bardo, n.d.). Short-term price changes, however, could be highly unstable. This is a consequence of the fact that the gold standard ignores fundamental economic principles. Any system where the value of a good is established by artificial means is subject to such shocks. Another drawback to the gold standard is that it gives governments very little discretion over monetary policy. Another drawback is the cost of producing gold. The gold standard relies on having physical gold reserves. Thus, gold must be produced, and for that there is a cost (Ibid).
ith the decline of Bretton oods, the gold standard died. It was replaced by the modern foreign exchange system. At the core of this system are fiat currencies.…
Bordo, Michael D. (no date). The Gold Standard. Concise Encyclopedia of Economics. Retrieved April 11, 2009 from http://www.econlib.org/library/Enc/GoldStandard.html
Cohen, Benjamin. (no date). Bretton Woods System. University of California at Santa Barbara Retrieved April 11, 2009 from http://www.polsci.ucsb.edu/faculty/cohen/inpress/bretton.html
A fourth foundational element is the strength of the Starbucks brand itself and is ubiquity globally. As a result of rapid and well-defined strategies for opening up retail stores, Starbucks is now considered one of the most preeminent and strongest brands globally.
Starbucks has generated the strength of their brand through combining high-quality coffee and tea beverages with the third-place concept to generate customer loyalty and world-of-mouth among customers and their friends. It is common to hear students mention they will have a team meeting at the local Starbucks, for studying or completing projects.
In summary the Starbucks model is strengthened by the company's coffee expertise, impressive new product development record, and the development of Starbucks locations as "third places" where friends can meet and enjoy coffee and pastries. Underscoring all these points is the strength of the Starbucks brand.
What were the key issues and the decision by Starbucks…
Patrick Burnson (2002, December). Amsterdam's key role in Starbucks' global strategy. World Trade, 15(12), 40-41. Retrieved December 7, 2007, from ABI/INFORM Global database. (Document ID: 241805271).
Deutsche Bank (2006) - Starbucks Overview. Deutsche Bank Securities Research. New York, NY. 10 July 2006.
Geoffrey a. Fowler (2003, July 14). Starbucks' Road to China; Prime Locations Are the Key, but So Is Using Snob Appeal to Lure Nation of Tea Drinkers. Wall Street Journal (Eastern Edition), p. B.1. Retrieved December 7, 2007, from ABI/INFORM Global database. (Document ID: 369860271).
Jeffrey S. Harrison, Eun-Young Chang, Carina Gauthier, Todd Joerchel, et al. (2005). Exporting a North American Concept to Asia: Starbucks in China. Cornell Hotel and Restaurant Administration Quarterly, 46(2), 275-283. Retrieved December 7, 2007, from ABI/INFORM Global database. (Document ID: 832085141).
Typically, Japanese marry before a Shinto altar and are buried, after cremation, in a Buddhist funeral. Many people, young and old, pay a New Years visit to a Shinto shrine and visit family graves once or twice a year. Young couples take their children to a Shinto shrine at the shichi-go-san festival to celebrate the ages 3, 5, and 7. For funeral and periodic memorial services, a family invites a priest from a Buddhist temple that belongs to the same Buddhist sect with which the family ancestors were affiliated.
The Japanese, both officially and unofficially resisted the influence of the western religions, while at the same time conglomerating the traditional faiths of the region into an amalgamated faith of sorts.
In the past, every family in Japan had to be registered at a Buddhist temple to comply with the antiChristian policy of the Tokugawa government (1600-1868). After the…
Internal Supply Chain Management
ABOUT HAVEY NOMAN
Harvey Norman is a large scale retail chain owned and operated by Harvey Norman Holdings Ltd. It is one of the most successful retailers in the Australian region. It promotes and sells all kinds of consumer products of world's top quality brands. The major product lines include personal computers, cameras, gaming, mobile phones, audio and video players, home appliances, furniture & bedding, gifts, home decoration and interior designing, fitness machines, leisure, etc. Headquartered in New South Wales, New Zealand, Harvey Norman operates with more than 230 stores in Australia, New Zealand, Ireland, Malaysia, Croatia, Singapore, Slovenia, and Northern Ireland. It was established in 1982 by Gerry Harvey and Ian Norman. The holding company, Harvey Norman Holdings Ltd. has also franchised a number of retail chains in Australia; including Space Furniture, Joyce Mayne, Ariston Appliances, Domayne, etc.
Harvey Norman has a wide…
Agrawal, N., & Smith, S.A. 2009, Retail Supply Chain Management, Quantitative Models and Empirical Studies, International Series in Operations Research & Management Science, Vol. 122. U.S.: Springer
Bamford, D., & Forrester, P. 2010, Essential Guide to Operations Management: Concepts and Case Notes. U.S.: John Wiley and Sons
Blythe, J., & Megicks, P. 2010, Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall
Boyer, K.K., & Verma, R. 2009, Operations and Supply Chain Management for the 21st Century. U.S.: Cengage Learning
Mexico, Japan to Sign Free Trade Agreement
Who are the members of the trade block you have identified?
The members of the trade block identified were the nations of Japan and Mexico who after very difficult negotiations reached a new free trade accord. "Mexico and Japan sign a free trade agreement on Friday that is expected to open a new market for Mexican fruits and vegetables and prompt Japanese factories to move here." (Unknown, 2004) The accord was signed in June of 2004 and will commence in January 2005.
Mexico has several free trade agreements in place world wide and was thought to be out of the trade agreement market. "Mexico, which has 11 free trade agreements with 42 countries, said last year it was taking a break from seeking new accords, saying it wanted to make use of the agreements it has." (Unknown, 2004) Japan on the…
Jonah uses the ocratic method to help Alex think differently about the problems he is experiencing in the plant. Jonah is not always available when Alex would like to connect with him, and after providing a little bit of information -- pivotal though it may be -- Jonah often leaves Alex hanging, presumably because Jonah knows Alex will rise to the occasion and puzzle it out. At periodic intervals throughout the book, Jonah and Alex talk about key points. These discussions are represented in the paragraphs that follow.
One of the first challenges that Jonah addresses with Alex is getting him to begin to think about what productivity is and how it is measured. Because of their conversation, Alex is able to think about what the company is measuring -- what it considers efficiencies -- and how this information is or is not related to the company goal. In particular,…
Goldratt, E.M. And Cox, J. (2004). The goal: A process of ongoing improvement. (3rd rev. ed.). Great Barrington, MA: North River Press
Oxford Brookes University BSc (Hons) in Applied
Accounting esearch and Analysis Project
An Analysis of the Business and Financial Performance of StarHub Group from 2008 to 2010
Topic chosen and for the reason
For the basis of my Oxford Brookes University degree research and analysis project (AP) is project, the topic selected was number 8, "The business and financial performance of organisation over the three years period." This selection is due in large part to my ultimate dream job of being a professional financial analyst and the environment in which the Singaporean telecommunications industry is developing. For instance, Chong and Chow emphasize that, "Asia's telecommunications market has long been viewed as lucrative and fast growing. The value of the Asian market is estimated at $180 billion, while a recent study shows that the "Asia-Pacific excluding Japan has been the fastest growing information and communications technology market, moving at a compound…
Anderson, M. (2010, August) 'Gearing.' ACCA Student Accountant.
Bragg, S.M. (2007) Business Ratio and Formulas, 2nd Ed. John Wiley & Sons, Inc.
Chong, R. & Chow W. (1999) 'Financing Telecommunications Projects in Asia: A Promising
Regulatory Perspective.' Federal Communications Law Journal, vol. 52, no. 1, p. 1.