Bible Essay

There are many accounts in the Bible that state God as the creator. Genesis 1 and 2 are both creation stories but slightly differ in their accounts; Genesis 1 is a day by day account of all the things God created in not so much detail whereas Genesis 2 explains the creation story in a way that focuses more on the creation of man and woman than just the lands. Having two accounts of the creation story means that it is easier to come up with your own conclusion as to how the earth was created. The first line of Genesis 1 is â€Å"In the beginning God created the heavens and the earth† There is no explanation as to where God came from or why He is there, He just exists and creates the heavens and the earth. This alone is showing God as the creator. Genesis then carries on to state all the things God created all with no scientific or physical proof or evidence as to why and how God is doing so. â€Å"So God created man in his own image, in the image of God he created him; male and female he created them† This quote is from line 27 and is on the 6th day. The repetition of the word ‘created’ is enforcing to the reader that God is the creator of everything and this is done so that there is no doubt in the readers mind whether God is the creator or not. God creating man and woman in his own image is showing that we are superior to other beings such as animals which shows that God is the humans superior. Being made in Gods image is his way of blessing the humans in life as we are made in the ‘Creators’ image. â€Å"Rule over the fish of the sea and the birds of the air†¦Ã¢â‚¬  This quote is saying that God is passing down his ‘ruler ship’ on to the humans. This means that God is starting to ‘back away’ from his previous role and now feels that he has created a world that the inhabitants (humans) can look after. Genesis two is another creation story but has a few differences to Genesis 1. While Genesis 1 speaks a lot more of the specifics of how and when each part of the earth was made, Genesis 2 speaks a whole lot more about the creation of humans rather than the land. The most time that the creation of land is mentioned is at the beginning of Genesis 2. â€Å"This is the account of the heavens and the earth when they were created. When the LORD God made the earth and the heavens-â€Å" This is the first thing said in Genesis 2 and it is stating that God is the creator. It says that God created both the heavens and the earth; there is never any question or vagueness about God creating the heavens and the earth it is all very matter of fact. Although Genesis 2 doesn’t always speak of God ‘creating’ things it often personifies God in such a way that he is planting or making objects. â€Å"And the LORD God made all kinds of trees grow out of the ground-â€Å" This quote doesn’t say that God created the trees but made them grow from the ground, this is essentially saying that He created them as it was the first sighting of trees but is said in a different way as so not to force the ‘creation’ down your throat like Genesis 1 does. This is so that you can come to your own conclusion about which one is more plausible or correct but there is still no doubt as to god being the creator. Job 38 from the Book of Job is a story of how Satan and God have a disagreement where Satan was saying that Job only worships God because he is prosperous in his life, God then agrees to take away all his possessions and leave him with nothing to show Satan that Job would still worship him even if he was left with nothing. Job’s three friends Eliphaz, Bildad and Zophar try to comfort Job but they end up doing the opposite and tell Job that the reason for all his losses is because he has sinned and now God is making him suffer. In the end Job has had enough and questions God, this makes God angry and then Job has a better understanding and realises that he should have trusted God all along. God then returns all of Jobs health and possession in better amounts than they previously were. This story is God showing his power and his superiority to humans. â€Å"Where were you when I laid the earth’s foundation? † This is God saying that he is mightier than any human and they do not compare to His power. This is also showing that God is omnipotent and that we know nothing compared to him. This is all enforcing that God is the creator and better than all the humans. â€Å"Have you ever given orders to the morning, or shown the dawn it’s place,† This is saying that God has dominance over everything in the world, humans and nature. After Gods account of all his majestic works (such as the world and humans) and power, Job has to acknowledge God’s right as creator to do as he pleases and to not be questioned. Job is essentially the personification of all humans who do not believe god as the creator, Job doubted God and his ability so god became angry; this is supposedly what happens every time someone doubts God. Psalm 8 is a song about the lord God and his creation. â€Å"You have set your glory above the heavens† While this quote form the first verse isn’t directly linked to God being the creator it is saying that God has stated his glory in a way that so far in this psalm we do not know yet, we know that God has glory which could mean he has done something great. â€Å"When I consider the heavens, the work of your fingers† Now we start to work out what it is that causes God to have glory, â€Å"the work of your fingers† we are literally told that God has made the heavens with his ‘fingers’. This personification of God shows that people saw him as one of them but also appreciated his greater power, this could possibly relate to humans being made in God’s image. â€Å"you made him a little lower than the heavenly beings† This quote is, like Job 38, stating God’s dominance over the humans. God made humans a little lower than heavenly beings so that they knew their place and that they were lesser than himself ‘the creator’.

Roger Mcgough Poem Analysi

Roger McGough was a well-known British poet who has written a lot of poems about inequality, life and unfairness between social classes. I have chosen to discuss and compare the following poem â€Å"The Commission†, â€Å"Nooligan† and â€Å"Streemin† of Roger McGough. The three poems I have chosen are mainly written in the area of inequality of this world and the unfairness of social class. In â€Å"The Commission† Roger McGough has written the contrast of the different social class and the difference between the wealthy and the poor. In the poem he wrote â€Å"In this poem there is a table.Groaning with food. There is also a child, Groaning for lack of food† this clearly stated out the different between the wealthy and the poor. In â€Å"Nooligan† he criticises the use of violence and bullying in school, he used the following lines â€Å"I’m a Nooligan don’t give a toss, in our class I’m the boss† to tell to the audience that everyone is born equal, no one should be hurt or to be treated differently to others. In the poem â€Å"Streemin† Roger McGough again criticises the inequality between the different social classes by using â€Å"But all these divishns aren’t reely fair†.Roger McGough’s poem is always very relaxed and smooth, never intense. Most of the time he seems like he is talking to himself or into his own deep thinking. In â€Å"The Commission† he used rhyme over the whole poem, with the relax tone, he presented his theme of the inequality like he was telling the audience about one of his dreams. However he used rhyming in the poem â€Å"Nooligan† to create a sense of humours, describing a bully in school, he presents his idea nicely to audience while giving them some fun.The poem â€Å"Streemin† isn’t written in formal language, slangs and short forms are used, this give the audience an idea that the person isn’t real ly educated, which presents his purpose for this poem perfectly. After reading Roger McGough’s poem, I have learned a lot about life and this world. His poem told me that everybody are born in to this world equally and that no one should be treated like slaves, no matter of this social class, skin colour, culture background or the wealth and poor.He presented this to the audience through his poem â€Å"The commission† in the first 4 lines of the first stanza. In the 2nd stanza Roger McGough have written that there was a photographer draws â€Å"a little Asian girl, Naked, wide-eyed, pleading† he points out the unfairness in this world very clear and sharp with just one sentence. After reading and a little thinking of the poem, I feel really tempered about the unfairness in this world and even a little sadness, I think this was also what the poet felt while he wrote down this poem.From his poem â€Å"Nooligan† it teaches me that everyone should deserve hap piness in this world, because to be born into this world and determined that they are going to die sooner or later was not a child’s choice, it was not their choice to be born in to a violence family, it was not their fault that the parents are devoiced. Therefore I think that everyone who was born into this world deserves to have their own happiness and no one should have the power to take it away from them. Roger McGough was writing about the bullies in school in this poem, they hurt people.The rhyme used in this poem have turned mood very humorous and he used the humorous to present to the audience about the bullies in his eyes. â€Å"Streemin† was one of the shortest poems Roger McGough has written. He described the feelings of the lower social class with just a few sentences. In the last stanza he written â€Å"But all these divishns arnt reely fair look at the cemetery no Streemin there† presents his idea of how the lower social class look at this world. T hey have not been educated, but this does not make them less of a person.They think it’s not fair that they have to be treated differently to all the other people who live in this world just because they don’t like reading and can hardly write. After reading Roger McGough’s poem I feel like I have learned a lot about this society, good side and bad side. I would strongly recommend Roger McGough’s to a young adult, or people who are about to walk into this society, because his poem taught me a lot of things and this might benefit people in a lot of ways. And personally I really like his poems, like the way he presents his ideas and like his idea about this society

Nissan Corp Swot Essay

Global interdependence: possible new marketsGovernment regulations: abroad in other countries as well as US and the US; global warming, CAFE standards, safety issues Growth of existing market: widen market New entrants: threat of potential inclusive of generation X,Y and baby boomersnew competitors Strong economy: economy not faltering;Changing market tastes: need for consumers still buyingcontinuous innovation to appeal to ifferent segments Nissan’s reputation: leads the industryShortage of resources: workforce in reliability, performance, and design dissatisfaction, hiring good talent Emerging technologies: innovative through the development of technologies for improving fuel economy and reducing fuel emissions Introduction This Case Paper will examine accessible information about Nissan Corporation and determine its position in the world market through a business SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). Through this analysis, we hope to see where the Nissan has been and make suggestions as to where the corporation should go to improve their bottom line, increase market share, and plan for future products to ensure their viability in the world automobile marketplace. Market Analysis Nissan’s focus in establishing a multi-cultural company begins with regaining global market share. The company has learned from past mistakes and is determined to succeed, developing a common vision and a global ompany culture that will need to be a main driver for continued strength (Associated Press, pgs. 1-8). For instance, establishing a brand name and personality that is sensitive to nationalistic cultures. Strategic alliances and joint ventures are growing in importance in the automobile industry and Nissan is no stranger to the competition. Nissan’s mission statement delivered by Mr. Ghosn in the Automotive News World Congress in 2001, is evidenced in how the company exploits synergie s to create positive alliances with other manufacturers (Ibid). For example, Nissan’s announcement to venture with Ashok Leyland to build small trucks and other light commercial vehicles in India gives them an opportunity to enter a market that in recent years has been dominated by its competitors, Toyota and Honda. This venture will produce at least 100,000 vehicles annually for sale in India and for export, as it will facilitate the construction of a plant near the southern Indian city of Chennai to manufacture and export compact cars to Europe. The deal with Ashok Leyland will broaden Nissan coverage in the Indian market in addition to providing new LCV (lightweight commercial vehicle) products for emerging markets which will sell for around $3,000. 00. Ashok Leyland’s strengths in large and mid-sized trucks combined with Nissan’s strength in smaller vehicles creates a positive synergy (Ibid). According to Mr. Ghosn, partnering globally is an opportunity and the Chinese market is no exception. China is Nissan’s third largest single market, after North America and Japan. Vehicle production has grown over the past ten years. However, the major source of growth has been the production of passenger cars (The Business Review, pg. 7). Passenger car production has doubled in the past ten years. This shift is in response to a change in market conditions and in a desire for Chinese manufacturers to enter the global auto passenger car market. Consumer demand is also increasing and in order to satisfy this demand, auto production has been increasing. The demand for autos is expected to continue (Ibid). According to the Wall Street Journal, the car craze in China has just begun. There are two factors that create possible opportunities for Nissan: 1) the country has the world’s largest population and as incomes rise, so will the hopes of buying an auto some day. 2) the market may grow to 8 million vehicle sales annually by 2010. Nissan’s new line of cars in China will be designed and engineered in Japan, based on a common â€Å"B† platform shared with Renault that centers on smaller engines. Annual sales of the entire family of cars are expected to reach 200,000 units globally and will be launched in other markets over the next couple of years (Financial Times, pg. ). However, the threat of inadequate roads and the government’s changes in regulating how autos are purchased will make the costs unpredictable. On a financial scale, the banks are under pressure to control credit, so auto loans may not be easy to acquire. North America accounts for nearly 40% of Nissan’s global sales, and in each of the past years sales have exce eded those in Japan, with the gap widening each year. Nissan is spending several billion dollars on new models, and the U. S. assembly plant in Canton, MS is aimed at maintaining momentum (Ward’s Auto World, pg. 1). The most significant automotive development in North America is continuing growth in the luxury segment and the increasing popularity of cross/utility vehicles. Nissan is on track to rebuild its image and regain brand value. In the past, customer satisfaction was good, but the model lineup was limited. Now, with the Q45, M45, G35 sedan and coupe and the FX models, the market has begun to recognize that Infiniti provides a range of real luxury models (Ibid). According to Bloomberg, Honda Motor Co. and Nissan Motor Co. led Asian automakers’ U. S. sales gains in September as Toyota Motor Corp. posted a third straight decline. Accord helped boost sales by 9. 4 percent. Toyota’s 4. 4 percent drop marked the first time since 1995 that Japan’s largest automaker logged three consecutive months of lower U. S. sales. Sales of the five year-old Corolla model, Toyota’s second-most popular in the U. S. , dropped 8. 5 percent and demand for the company’s light trucks declined amid rising gasoline prices. Industrywide U. S. sales fell for a fourth consecutive month, by 2. 9 percent to 1. 31 million light vehicles (Bloomberg. com, pgs. 1-3). Toyota’s old models like the Corolla are dragging down while Honda and Nissan have brand-new models. Nissan reported a 6. 7 percent increase in sales (Ibid). Nissan, sixth in the U. S. , sold 94,269 vehicles, helped by higher demand for midsize Altima and Versa compact cars. Nissan’s market share edged up 0. 7 percentage point to 7. 2 percent. The Japanese are becoming more aggressive in terms of incentives and pricing, which makes them more competitive against South Korea’s largest automaker. The company faces tough competition from Japanese and Korean auto makers like Toyota, Honda and Mitsubishi, which are rapidly gaining ground in the European markets. Asian manufacturers are continuing to fortify their position in the crucial North American and European market. It can also expect stiff competition from Toyota and BMW (Ibid). Nissan believes that growing the business means introducing new products and has created the Nissan Revival Plan to realign their cost structure. Significant amounts of money are funneled back into product development, mostly going towards the North American market. This means there are opportunities for new innovations that will bring the company in line with a mix of vehicles that are currently on the road. Its R&D costs in FY 2006/2007 stood at JFY 464,839 million, an increase of 3. 9% when compared to JFY 447,582 million in FY 2005/2006. The company increased its investment on R&D activities to launch a host of new products throughout the year (Ibid). In 2007, Nissan launched a new version of its minicar, namely, Pino E, which is a 2WD model and equipped with a three-speed automotive transmission. It is claimed to offer a fuel economy of 21. 0 km/1. Furthermore, the model is considered safe and environmentally friendly, as it features anti-lock braking system (ABS), brake assist (BA) and electronic braking force distribution (EBD) systems. It is low emitting, complying with the 2005 emissions regulations in Japan. In March 2007, the company also developed a new engine technology that helps balance between responsiveness and fuel efficiency, high power and low emissions (Ibid). Today, Nissan stands behind its offerings; that fundamentals of the business are strong, products are attractive to customers, and the company is poised for sustained, profitable growth. Environmental Concerns In researching the issues of automakers in regards to the environment, many nations as stated in The Wall Street Journal, are concerned about climate change and energy security. One of the most important issues all automakers are faced with on a global scale is the reduction of emissions, more specifically carbon dioxide or CO2. Concerns for the future in the minds of the majority are setting new goals for automakers of vehicles with internal combustion engines to become more efficient if they are to remain profitable or even in existence, which is further backed by a global treaty known as the Kyoto protocol (Wall Street Journal). In the protocol’s drafting of new rules they are intended to cap emissions of CO2, the gas widely blamed for global warming can potentially pose a major threat. According to scientists, it is reported that the rise in the earth’s average atmospheric temperature is largely due to this major contributor CO2 which will bring changes to the global environment, and therefore affect our daily lives (Ibid). According to the Wall Street Journal, a debate is raging in the US over how much time automakers actually need to boost fuel economy, and whether setting stringent targets will compromise safety by encouraging car makers to use lighter materials. Additionally, the US has not adopted the Kyota protocol and is under less pressure to reduce CO2 emissions as they are in Europe. Therefore, Nissan’s global prominence puts the auto manufacturer in an â€Å"opportunity† position by making concentrated efforts in advanced technology to reduce carbon dioxide emissions at every stage of the vehicles life cycle and their corporate activities, from manufacturing and transportation to use of Nissan’s vehicles by its consumers. Nissan, currently the third largest automaker out of Japan has opportunity to grow stronger from the threats of one and two automakers Toyota and Honda respectively, who lead the market in alternative fuel development (Wall Street Journal). According to Nissan’s Green Program, it is Nissan’s view that internal combustion engines will continue to be the main power source of vehicles globally in the years ahead. Therefore, Nissan therefore takes a stance of reducing CO2 emissions through the development and widespread adoption of advanced technologies for improving the fuel economy of gasoline engine vehicles. Currently in the works for Nissan is the development of cleaner diesel engine vehicles that run on biofuels made from plants and other reusable sources (Ibid). Nissan estimates that over half of the vehicles they sell by 2050 will need to be electrically powered if they are to reach their long term goal of reducing CO2 emissions. Nissan’s threat has been its major competitors in developing hybrid electric vehicles, fuel cell vehicles and electrical vehicles. Other companies such as Toyota are setting the bar in alternative fuel sources which makes them a profitable industry leader with the obvious threats of gas prices that change virtually on a daily basis (Ibid). Nissan History and Innovation Nissan Motors’ history dates back to the 1930s when Jidosha Seizo Co Ltd was established in 1933 in Yokohoma City, Japan. Its beginnings as a munitions company was short lived when the company was renamed to Nissan Heavy Industry Co Ltd and introduced the first Datsun, manufactured after World War II. After the company began exporting the cars to the US in 1958, it gained popularity due to its small size and high fuel efficiency. Subsequently, in 1980, Nissan Motor established Nissan Motor Manufacturing Corp. USA to strengthen its market potential in North America (ABI/INFORM Global pg. 1). Today, Nissan supplies a widespread customer base classified across regions, namely, Japan, the US, Asia, Europe and General Overseas Market, which includes Mexico and Canada. This market includes 150 dealers and 2,500 outlets worldwide (Ibid). This is the age of globalization and the worldwide interdependence of resource supplies, product markets, and business competition. Nissan has succeeded in meeting its challenges due to its focus in valuing diversity both in its workforce and through understanding customer needs. This is evident in how the company plans ahead and is always looking for new ways to improve current performance. For instance, the company learned from past mistakes; failure to recognize changing customer focus in non-growth sectors, and being competitively focused rather than market focused. Also, finding the right people and the right plan to maximize growth is key (Nissan News, pg. 8). Shiro Nakamura Nissan’s automotive designer is known as â€Å"The man behind the Nisan Look† and has developed some up-to-date, eye-catching designs that have no resemblance to the old models, and the company is optimistic that sales will increase once the current plan to launch 28 new cars during fiscal year 2008. Most of the changes are defined to the upper body and adjusted to make it more like the Altima (Business Week, pg. 1). Nissan’s innovations stem from producing a product that their customers want. Their philosophy is that investing in a product that will bring value and satisfaction to its customers will build loyalty as well as expand that market base. Nissan’s models include Maxima and Sentra cars, Altima and upscale sedans, Frontier pickups, the 350Z sports car, and Xterra and Pathfinder SUVs. In 1999 French automaker Renault took a 37% stake in Nissan, and installed president and CEO Carlos Ghosn (nicknamed â€Å"Le Cost Killer† based on his talent for turning red ink black) who has since returned the company to profitability. Renault now owns almost 45% of Nissan. According to Hoovers, Nissan fiscal year end sales in March were in millions, $80,583. 7. Net income in millions was $4,427. 8, and 1 year net income growth was 7. 0%. Their top competitors were General Motors, Honda, and Toyota (Hoovers. com, pg. -2) Generation â€Å"X† consumers can identify with the sports world, ESPN’s X Games. Games showcase the world’s most dangerous events. The â€Å"X† generation is also playing a big role in the fashion world, thus the automotive industry has been one of the leaders driving the â€Å"X† growing trend. Jaguar’s Web site prominently features a glowing X to promote the new â€Å"Jaguar X-Type: a car for a new generationâ⠂¬ . And Nissan has scored big with the model Nissan Xterra. This trend is enabling Nissan to tap into a pool of younger car buyers. The vehicle has attracted many new buyers, some of which have never purchased a Nissan before. The Xterra is aimed to attract 25 to 35 year old drivers. Marketing tactics fill viewers with scenes of athletes doing extreme outdoor exercise, and pushing their SUVs to the extreme. Polls cited that men were most affected with the advertisement than women. 13% to 9%. According to the Gallop polls, the ads scored highest among those 30 to 39 years old, which is right where the company was trying to segment. The 25 to 35 year old target market (USA Today, pg. 2-3). Baby Boomers on the other hand are most attracted to the Nissan Murano, or Nissan Bevel. Nissan’s long term vision for 2015 is that future vehicles will save lives by installing a series of sensors that can detect sobriety of a driver and can immobilize the car. Other features include detecting operational changes, such as drifting out of a lane, at which time the system navigation system alerts the driver with voice message alerts and the seat belt is tightened. Nissan is currently testing an on-board breathalyzer and road sensors to help reduce accidents. Other plans to develop an Intelligent Transport System Project and road sensors will help reduce accidents (Nissan. com, pg. 1-2) The company understands the importance of agility in a dynamic 21st century market and is continuously reinventing itself to stay ahead of the competition. Sometimes, this means taking risks. Most recently, the company made an announcement that it was moving its headquarters from California to Tennessee. The new facility will accommodate 1300 plus employees and favorable for business, not to mention contributing to the infrastructure and supporting the community with more jobs. It’s inevitable that there could be some unforeseeable threats perhaps with current labor force. Some issues could be that they are not in agreement with the transfer and choose to leave the company, thus the need for new hires. Other potential threats are the risk of new competitors in the area, and developing a new sense for the new market. The California population may not have the same tastes and likes as the Tennessee population, thus Nissan could expend additional resources to substitute products and services (Tennessean. om, pg. 1-4). A strategy for the future that Nissan could consider would be to offer a motorcycle product. Exploring and pursuing this opportunity would allow them to remain competitive and also to offer products to meet different needs. Honda, BMW, and Suzuki, all of whom offer cars, trucks, and sport utility vehicles, Nissan too should visit the idea of offering a motorcycle. Over the years Nissan has developed quality products that are dependable, hi ghly functional and desirable; this being an advantage for Nissan. Along with remaining competitive, the high price of fuel recently would make a Nissan motorcycle more appealing. The motorcycle would alleviate fuel expenses and consumption. The Nissan motorcycle would also be appealing in geographic locations such as Japan, China and major cities in the United States that do not have the space on roads for larger vehicles. Nissan plans to offer a concept vehicle that resembles a car and a motorcycle. This vehicle is called â€Å"Urge† and offers state of the art gaming systems that allow the driver to use the gas and brake pedals to play. When considering the pricing of a Nissan motorcycle and remaining competitive, Nissan should consider that Honda and Suzuki offer motorcycles at reasonably affordable prices. Suzuki offers several types of motorcycles to include cruisers, motocross, and sport bikes all at reasonable prices ranging from $6,000. 00 to under $10,000. Honda also offers cruisers, motocross, and sport bikes. Honda motorcycles range from $3,000 to $13,000. In order to lure prospective buyers into purchasing a Nissan motorcycle, Nissan should strive to offer its motorcycles at reasonable prices, similar to Suzuki and Honda. The price range for motorcycles made by BMW is slightly higher starting at $8,000 to $15,000. BMW has offered a motorcycle since 1923. Its tenure along with the fact that consumers have learned to trust the German made motorcycle are what keep BMW competitive. Offering reasonably priced and desirable styles similar to BMW, Honda and Suzuki is a great opportunity that has not been approached by Nissan. The cruiser styles offered by Honda, Suzuki and BMW resemble that of a Harley –Davidson motorcycle without the high cost. The market for Nissan motorcycles is positive with the increasing cost of fuel and the ages of future drivers. Most of the baby boomer generation have become accustomed to the quality of Nissan vehicles and would be approaching retirement age in the next few years. Nissan’s release of motorcycles would segment the soon retired baby boomers as a fun and recreational of transportation. The Nissan motorcycle would also segment the new drivers of today which in a few years will be the young generation to market to. Nissan would have to be conscious of expenses in marketing and production of the motorcycle, a product never offered and could use the business model already established by its competitors offering both motorcycles and automobiles in the industry. According to Analysts, the economy is not faltering and people are still hopeful for the future. It is a race to the finish line, and who ever gets there first wins. It will be interesting to see how automobile manufacturers will implement new strategies (Economy Today, pg. 1) Nissan Technologies –Past and Future New technologies were as important to Nissan’s past as they are to Nissan’s future. Nissan has always addressed environmental issues, including the development of clean power sources for vehicles and recycling of natural resources. Nissan has been able to release one new model after another with fuel-efficient direct-injection gasoline engines and direct-injection diesel engines since 1997. This has led to the expanding application of the Hyper CVT (continuously variable transmission) , the Extroid CVT, the Tino Hybrid and the two-seater Hypermini electric vehicle in the early part of 2000 for efficient fuel economy (Nissan global. om). Nissan’s history goes back to an automobile factory started by Masujiro Hashimoto in 1911 called the Kwaishinsha Co. In 1914, a box-type small passenger car was completed and in the following year the car made its debut on the market under the name of Dat Car. Another predecessor of Nissan was Jitsuyo Jidosha Co. , Ltd. , which im ported machine tools and components from the U. S. , and was one of the most modern automobile factories of its time. Kwaishinsha Co. and Jitsuyo Jidohsa Co. merged in 1926 to form Dat Jidosha Seizo Co. , and two years later to the establishment of Nissan Motor Co. Ibid). In preparation for post war capital investment in Japan, Nissan developed two state-of-the-art manufacturing facilities leading to the advancement of motorization and increased traffic accidents; and contributed to the problem of air pollution. Nissan developed its first Experimental Safety Vehicle (ESV) in 1971 and over the years created a reputation for excellence in engineering and advanced technology. Nissan has developed weight-reducing materials, engine management systems for controlling combustion, and using CAD/CAM systems and industrial robots (Ibid). Recently, Nissan has also been localizing R;D operations, which has now advanced decision-making through the regional headquarters in North America and Europe. Nissan’s local operations in their respective regions oversee product development, manufacturing, procurement, fund-raising and mutual complementation of parts between companies (Ibid). Nissan’s Vision Nissan is developing corporate activities centered on automobile manufacturing based on their vision of â€Å"enriching people’s lives. In order for cars, which provide mobility, to truly become reliable partners for our customers, a number of issues including global environmental issues, traffic accidents and congestion problems must be tackled as part of a long-term vision (Nissan global. com). The global automotive industry is entering an era that will change almost every facet of the car in the future to come. Nissan’s global vision includes the pursuit of environmentally sustainable technologies creating one of the greatest engineering competitions in history that has the potential to deliver significant benefits to humanity (Ibid). To realize our vision, Nissan is developing technologies based on a framework called the â€Å"Orchard† concept. † This concept allows Nissan to embrace technologies in a comprehensive manner (Nissan global. com). In order to create a distinct value in order for customers to choose their cars, Nissan is likening its approach to the management of a fruit orchard in which â€Å"fruit† is planted and raised. The process has three phases, one – the Harvest Plan, two – Seeding and Growth and three – Soil Enrichment. The Harvest Plan takes into account social needs and market demands for the commercialization of technologies and the timing of releases. Seeding and Growth will implement strategies for the realization of the Harvest Plan and to formulate development of schemes. Lastly, Soil Enrichment will create value for the long term by researching reliability improvement and analysis technologies (Ibid). Some of the proposed solutions are more efficient fuel-cells for electric cars, bio-fuels, advanced diesel fuels or combinations of these solutions. However, the most effective solutions will not be decided by engineers. It will be decided by consumer demand, which is the most powerful force for global environmental progress. Every new car buyer in every country gets a vote by exercising their right to choose, thereby dictating both the pace of future change and its direction (Ibid). Nissan’s vision is to invest massively in R&D in pursuit of new technologies. This has not always been the case. Due to perilous financial decisions, in 1999 Nissan could not afford to invest in the core of its brand identity – technological innovation. Today, Nissan’s R&D budget is much healthier than the level of 1999 due to significantly increased efficiency of their R&D activities. This has led to an environmental blueprint known as Nissan’s â€Å"Green Program 2010†. Also taking advantage of the alliance with it’s parent company, Renault, Nissan is able to focus on specific promising technologies – such as advanced lithium-ion batteries and other areas, such as clean diesels. Nissan’s vision includes the determination to be the leader in environmental progress. It is Nissan’s belief that motoring can be both green and fun allowing consumers to expect new technologies that will enhance dynamic performance (Ibid). Some of the latest technologies being embraced by Nissan are the X-Trail Fuel Cell Vehicle, Ultra-low Friction Diamond-like Carbon (DLC), the Super Motor, and the Compact Lithium-ion Battery. Nissan continues to raise the practicality of FCVs, which are being developed as the most eco-friendly vehicles. The X-Trail FCV provides increased cruising range. (Nissan global. com). The FCV also provides improved acceleration. The new model features a Nissan-developed fuel cell stack that is more efficient than the previous stack resulting in maximum power of 90 kw compared with 63 kw in the 2003 model. Ultra-low Friction Diamond-like Carbon (DLC) is Nano-technology based on ultra-low friction technology. Nissan has substantially reduced friction between engine parts by developing the first technology in the world to combine a hydrogen-free diamond-like carbon (DLC) coating with special oil. Energy is lost due to friction that arises between the hundreds of parts that comprise an engine. This ultra-low friction technology uses nanotechnology in order to reduce friction by approximately 40% compared to conventional engines. The DLC works by use of a hydrogen-free DLC coating, improves binding with the engine oil, and results in the formation of a firm ultra-low friction film when special oil additives are added. It is now possible to reduce overall engine friction by 25% (Ibid). The Super Motor and Compact Batteries Nissan has independently developed the Super Motor based on an all-new concept. One motor provides output through two shafts, enabling it to function as both a motor and a generator. This innovative technology has a wide range of potential applications (Nissan global. com). The Super Motor can dramatically reduce the size and improve the efficiency of the drive unit compared with the use of two conventional motors. Independent control of the power obtained from the two shafts. The Super Motor has rotors positioned on both the inside and outside of one stator, enabling power to be delivered through two shafts by use of a new technology to apply compound current to the Stator coils (Nissan global. com). Nissan has succeeded in independently developing a laminated lithium-ion cell that displays an exceptionally high output characteristic. This cell is the result of many years of lithium-ion battery research that began in 1992. The laminated cell is featured from the 2003 model X-TRAIL FCV (Nissan global. com). The laminated cell design and high-power electrode technology improve power output by 1. 5 times and reduce the volume by more than half compared with the conventional cylindrical cell. The thin cell construction also enables a thin module design for a substantial improvement in battery ooling efficiency. Locating the battery under the floor achieves compact and highly efficient vehicle packaging, including a low, flat floor, among other advantages. Compared with the cylindrical cell, the laminated cell has fewer components and is extremely compact and lightweight. Moreover, Nissan has succeeded in achieving higher power output through material improvements made to the lithium manganate positive electrode and the carbon negative electrode (Nissan global. com). Executive Summary Like any other automobile manufacturer, to stay competitive in today’s world markets, one must consistently innovate and stay one step ahead of the competition. In the past, automobile manufacturers have been first in presenting more fuel efficient vehicles, increased gasoline mileage rating through body redesign, and have introduced new safety features for the yearning public marketplace. Nissan current project in India is to try to regain market share from its competitors Toyota and Honda by creating Light Commercial Vehicles (LCV’s) which are small cars that can be sold for around $3,000. 00. This innovative idea can create a brand new market segment of customers who could not, up until this point, afford to purchase and operate a vehicle. Along with being fuel efficient and maintaining competitive, Nissan’s offering a motorcycle would be an added strategy to pursue. Dealing with the myriad of different cultures across the globe is also a major focus of Nissan’s Chief Operating Office Carlos Ghosn who realizes that the creation of multi-cultural company can flourish and grow through exploiting it synergies, believes that feeding off each other’s strengths, and minimizing its weaknesses are key. Automobile manufacturers like Nissan can never be â€Å"one size fits all†, but they can certainly try to understand and adapt to different cultures to maximize desired commonalities and maximize profits. These days, partnering globally cannot be realized without including China. China is Nissan’s third largest single market (only after North America and Japan). Although vehicle production has significantly increased over the last ten years, passenger car production has actually doubled in the last ten years due to market conditions and Chinese automobile manufacturers ntering the car market. China has a great position in the future manufacturing of automobiles because of increased income and an already over-inflated population. However, threats of inadequate roadways, governmental regulations on how automobiles are purchased, and pressure on Chinese banks to â€Å"control credit† may temporarily slow the process. North America has captured 40% of Nissan’s global sales and has caused an ever-widening gap with Japanese sales which has been increasing each year. Nissan has recently spent several billion dollars on new models and a new U. S. ssembly plant in Mississippi to ensure that this momentum continues. Nissan believes that growing this business means introducing new products while realigning cost structures. Large sums of money are being placed back into product development – most geared towards the North America market. Although the United States never signed onto the popular Kyoto protocol which planned to significantly reduce the amount of carbon emissions in the world, many other nations did because of the ever growing concerns of climate change on a global scale which many believe poses a worldwide threat. Nissan, however, has proactively realized this concern and has taken advantage of this opportunity by making concentrated efforts in advancing technology that reduces carbon dioxide emissions â€Å"at every stage† of the vehicle’s life cycle. Nissan is vigorously working on the creation of cleaner diesel engines that run on biofuels made from plants and other renewable sources. The threat to Nissan has been its competitors who are developing hybrid electric vehicles and fuel cell vehicles. Toyota has lead this aspect of the automobile industry, and has been setting the bar in alternative fuel sources making them the very green and very profitable company that envisions change in the industry. Nissan began exporting cars to the U. S in 1958 and gained popularity because of its small size and great fuel efficiency. Today, Nissan has developed new eye-catching designs that do not resemble older models. Nissan is very optimistic that sales will increase significant once these 28 new models are launched during the 2008 year. But the look of new models alone isn’t all Nissan is after. Safety features such as installing a series of sensors that can detect alcohol levels in the driver will alert the car to slow and/or become immobilized. Corporate agility is also a key factor as is shown when Nissan moved its headquarters from California to Tennessee, which accommodates over 1300 employees, supporting the community with more jobs, and reducing significant overhead. New technologies developed at Nissan have addressed environmental issues including clean power sources for its vehicles and recycling of natural resources. Nissan has envisioned that the future of their company will greater enrich peoples lives through global environment issues, and reducing traffic accident and congestion problems. Some of Nissan’s proposals include more efficient fuel-cells for electric vehicles, bio-fuels, and advanced diesel fuels. The most important facet that Nissan realizes is that effective solutions will be decided by consumer demand, not engineers. Nissan has constructed a â€Å"Green Program 2010† which has become their environmental blueprint for success in the industry.

Income inequality in America Essay Example | Topics and Well Written Essays - 1250 words

Income inequality in America - Essay Example Income inequality has greatly influenced the nature of government in most parts of the world. Power has always been closed linked to the amount of wealth owned by an individual. It is only those who are rich and have the means regarding wealth, remain leading the country. Elections unfortunately in most countries are done favouring those said to â€Å"own such a nation† concerning wealth. It is also evident that inequality has great impact on the health of the population. Eberstadt and Sally argue that â€Å"health is the most sensitive indicators of the social costs of inequality (5).† Further, inequality causes people to see others differently. For instance, â€Å" inequality causes people to perceive their neighbours as more alien or less trustworthy (Eberstadt and Sally 2).† The notion by many that power goes hand in hand with the financial stability of an individual is totally against the principles of democracy and free human rights and freedoms. Like Rober t Reich would state, â€Å"leaders are born and not determined by social status (Reich 30).† the discrepancy amid the rich and the poor has been a great hindrance to mature politics in any given state. The United States over the 1920's centuries ago, after industrialization, several prominent individuals have worked hard to bring about the mature politics and free democracy at present. Political games of elections conduct regarding wealth factors, is a big blow to the promotion of democracy that has been the target for most countries.

The social network Essay Example | Topics and Well Written Essays - 500 words

The social network - Essay Example The dialogues also underline Zuckerberg’s need to belong to one of the prestigious Final Clubs, and his almost rabid obsession. This is strengthened by the success of his friend Eduardo Saverin in getting into Phoenix, one of the exclusive clubs at Harvard. The movie is clearly written from Saverin’s point of view. Thus, the movie alternates between the early days of Facebook [When it was known as ‘The Facebook’] and the independent lawsuits involving Saverin and the Winklevoss twins against Zuckerberg. If the movie had been written from the Winklevoss’ twins perspective, it would perhaps have focused more on the definition of an idea and their allegations that mark Zuckerberg stole their idea. That makes for interesting thought. Did Zuckerberg steal their idea? Or did he improve upon it so substantially that it was something different from their idea? As put by Zuckerberg in the movie, he believes that Facebook was his own product and that the Winklevoss’ team did not have either the competence or imagination to build such a thing. The movie also makes us think about the importance of intellectual property. What was merely an idea in 2004 is now worth billions. Should the Winklevoss team have done something much earlier? Shouldn’t they have filed for restraining orders and injunctive reliefs? Perhaps they should have. However, in that case Facebook would perhaps never have been what it is today. Another important aspect of the film is the analysis of Saverin and Zuckerberg’s relationship with each other. Saverin is portrayed as likeable and someone who tried his best to make Facebook a success. However, it is clear that he does not have control over the frenetic pace with which Facebook develops, and how he ends up losing out to Sean Parker, in terms of Zuckerberg’s affection. At the end Zuckerberg ends up settling with both the parties. However, it would be wrong to castigate Zuckerberg. Mark Zuckerberg

India Research Project Paper Example | Topics and Well Written Essays - 1500 words

India Project - Research Paper Example Gage Subject: Assessment on the Proposal to Move Small Team to Develop Advanced Security Systems for Aircraft in India Dear Mr. James and Other Respected Audience, It is my pleasure to present the report regarding the Proposal to Move Small Team to Develop Advanced Security Systems for Aircraft in India by which Flying High Enterprises (FHE) can successfully operate its business in India. This report primarily focuses on recognsing the economic, political and business conditions prevalent in India which is necessary to analyze for FHE in order to settle its operations in India. Moreover, this report depicts potential roadblocks which FHE might face during the entry in India. Through these overall assessments, it would be quite convenient for FHE to understand the Indian business environment in an efficient manner. In this similar context, this report also describes regarding the appropriate location of operations, from where FHE can obtain sustainable advantages regarding Information Technology operations. Contextually, this report also highlights a clear notion regarding the competitors which FHE might face after settling their business in India and subsequently depicts the strategy in order to tackle these rivals and ensure sustainable progress. We strongly believe that moving a small development team to India for FHE will be beneficial for both the company as well as for the India’s economy. ... onomic Consideration 7 7 Political Stability 8 Potential Roadblocks 9 FHE’s Gain From The Indian Market 10 Competitor Analysis 10 FHE’s Needs for Workforce 11 Need for Developing a Perfect Mix 11 Managers for FHE 12 Employees Expectation 12 Expectation of Local Nationals 12 Work Ethics Difference from America 13 Conclusion & Recommendation 14 Works Cited 15 Executive Summary India is considered as a unique nation which comprises attractive cultural heritage as well as which provides ample opportunities regarding establishment of business ventures where several types of commerce can be easily operated by the new entrants. The prime objective of this paper is to provide strategies to FHE regarding the entry and the successfully operations of business in India. This report intends to describe about the economic, political and business environments of India where FHE might face several issues regarding all these aspects during the business operations in India. Moreover, thi s report provides appropriate location and its benefit which FHE should obtain at the time of operational activities. Contextually, this report provides the information about certain competitors which might provide considerable threat to FHE. Furthermore, it depicts the requirements of FHE regarding the workforce during the business operations in India. By taking into consideration regarding these overall aspects, FHE can successfully launch their business operations in India and the information provided in this report can be extremely beneficial in order to implement appropriate business strategies at the right time. Introduction ‘Flying High Enterprises (FHE)’ has been recently approached by Aerospace Products International in order to evaluate the scope of expansion for the company’s

Globalization and the Capitalist State Redundant Essay

Globalization and the Capitalist State Redundant - Essay Example In view of the Marxist globalization has been seen as an expansion or development of capitalism in the world. Like other traditional works that were seen to fit in a loose framework of anti-globalization, Marxism may not be described as a single movement nor can it be described as following a unitary intellectual practice from a theoretical perspective. In this case we should understand that Marxism as whole has been engaging with contemporary phenomena in a way that the manner and the mindsets that it has been postulating in the past has been evidence in class, political economy, labor, capitalism and in many other socialism concepts and revolution described as the central axis of globalization. (Ollman 1998, p.87) Â  With the end of communism in Eastern Europe in the 1990s, and the consequent embrace of the capitalism like in the Peoples Republic of China has been expressed as the end of the Marxism’s period. Regardless of the fact that the world has embraced the capitalist economies, Marxism still present a poignant and painful way of accounting for globalization. This has been witnessed in what is happening in the aftermath of the wave that took the world from the 1990s. Marxism has been expressed in many areas like the free-markets, oppressed and exploited labor, modernization, and many other reforms that have been carried out in the political, social and economic systems of the world. Â  Globalization has been described as the increased interaction of the world or the opening up the world. In the last few decades, there has been increased movement of people and goods. There has been the emergence of the new market. Therefore globalization has been a tendency to create a unipolar world though it has been expressed mostly in economic terms.

Perception and Decision Making Essay Example | Topics and Well Written Essays - 1000 words

Perception and Decision Making - Essay Example Perception is defined on the Wikipedia as follows: "In psychology and the cognitive sciences, perception is the process of acquiring, interpreting, selecting, and organizing sensory information." (Wikipedia, 2006b). It goes further explaining how perceptions are formed, how they change, and how there can be no perception at all. Let's see: "Many cognitive psychologists hold that, as we move about in the world, we create a model of how the world works. That is, we sense the objective world, but our sensations map to percepts, and these percepts are provisional, in the same sense that scientific hypotheses are provisional (cf. in the scientific method). As we acquire new information, our percepts shift. () Just as one object can give rise to multiple percepts, so an object may fail to give rise to any percept at all: if the percept has no grounding in a person's experience, the person may literally not perceive it." (Wikipedia, 2006b). "Decision making is the cognitive process of selecting a course of action from among multiple alternatives. Every decision-making produces a final choice. It can be an action or an opinion. It begins when we need to do something but we do not know what. Therefore decision-making is a reasoning process which can be rational or irrational, and can be based on explicit assumptions or tacit assumptions." (Wikipedia, 2006a). In the decision-making process many biases can get in the way. Among the reasons for this kind of drawback the Wikipedia enumerates the following reasons: "Selective search for evidence Premature termination of search for evidence Conservatism and inertia Experiential limitations Selective perception Wishful thinking or optimism Recency Repetition bias Anchoring and adjustment Group think - Peer pressure Source credibility bias Incremental decision making and escalating commitment Inconsistency Attribution asymmetry Role fulfillment Underestimating uncertainty and the illusion of control Faulty generalizations Ascription of causality". (Wikipedia, 2006a). On a closer analysis to all these causes that provoke error in the decision-making process it is easy to find "perception" at the core of all these evils. Most of the causes for faulty decisions in the business real of action happen due to misperceptions in one way or the other. The Wikipedia goes on explaining how the ethical principles of decision making vary widely. It lists the following principles and methods as the most common in any decision-making process: "the most powerful person/group decides (method: dictatorship or oligarchy) everyone participates in a certain class of meta-decisions (method: parliamentary democracy) everyone participates in every decision (direct democracy, consensus decision making)" (Wikipedia, 2006a). As "Groundwork for Making Effective Decisions" the Josephson Institute of Ethics states the following concepts, emphasizing our responsibility and accountability in any decision-making process: "Whether or not we realize it at the time, all our words, actions and attitudes reflect choices. A foundation to good decision-making is acceptance of two core principles: we all have the power to decide what we do and what we say, and we are morally responsible for the consequences

To write an executive summary Essay Example | Topics and Well Written Essays - 750 words

To write an executive summary - Essay Example An agile project typically uses several repetitions or deliveries of software instead of waiting up to the end of the project being undertaken in order to provide one product. Projects with heavy constraints, inexperienced and dispersed teams, huge risks, generally clear and up-front requirements, and a rigid completion date are often carried out by utilizing a predictive or traditional approach. This is attributable to the conservative and safe nature of the traditional approach. Projects with less rigid constraints, experienced and co-located teams, smaller risks, unclear requirements and more flexible scheduling would be appropriately done using agile approach. The findings also indicates that in any case, managing projects still involves actions in each of the project management processes namely initiating, planning, executing, monitoring and controlling, and closing. Scrum is the leading and main agile development methodology for completing projects with a complex and innovative scope of work In conclusion, a firm can still use the five process groups involved in project management to manage an agile project while at the same using the unique aspects of a spectrum approach. The amplified interest in agile project management technique is grounded partly on the anticipation that it will somehow make project management easier. The scrum process offers a simplified method and process of managing complex and innovative range of work. Many individuals believe that using the agile approach to managing projects is totally different from a more traditional or predictive approach. This is not true as the project management process group, which is, initiating, planning, executing, monitoring and controlling and closing can also be used in an agile approach but with different terms, techniques and outputs. The agile approach is often more

Production and operation management Essay Example | Topics and Well Written Essays - 2500 words

Production and operation management - Essay Example The organization has able to fulfil its demand as a supplier of extractor and exhaust system to the motor racing industry and performance street car sections. The implementation of off-the-shelf system attracted the price sensitive customers. This off-the-shelf system led the organization to produce more standardized exhaust system. However, the developed exhaust system seemed to be slightly inferior comparing to the customized extractors. Few months earlier, the organization was approached by an organization that used to distribute national car parts. The name of the organization is The Performance Shop. From the starting days the organizations has achieved growth significantly, but it was identified that, after achieving impressive growth the profit margin was not up to the expectation level. Presently, the organization is facing several accounting and business operational problems. The objective of the study is to identify and discuss the operational aspects that are affecting Tur bo Exhausts. In order to achieve the objective of the study, the research will conduct a technical analysis on the current production process used by Turbo Exhausts. The study will be continued by the problem identification and specification. Moreover, the study will highlight daily operational issues and identify the broader organizational issues that have been caused by operational problems. ... By the way, here the issues are not basis on sales, but on effectual utilization of the resources, rational and optimum utility of the machineries and meeting the deadlines in supply, overall business profits etc, where the study focuses. The study is based on Production and Operation Management. Production and operations management (POM) can be defined as the management of an organization’s production system that enhance and improve the production and the business operation of an organization. Since the Manufacturing system renovates the inputs into outputs, the procedure of adaptation has become the most crucial activity. The inadequate planning in scheduling the manufacturing programme, unproductive co-ordination and general controlling make a negative impact on the whole systems of manufacturing and its capabilities. As a result, these structures get underutilized and the companies become less effective in order to compete with several successful companies. To ensure effic ient and smooth operation, industrial manufacturing is developed with successful planning, control and implementation. Production Management turns around Five â€Å"M†s, such as Machine, Men/ Women, Methods, Money and Materials. The firm has to renew and authorize the workforce in order to accept the new challenges in the optimization of the manufacturing process by leveraging the greatest combination of Process or Methods. Conversion Process is one of the important processes that optimize the manufacturing and operational process. There are various methods of handling the production process, such as Batch, Job, Group and Flow. The most critical investment for the future is the flexibility and

Killing and Letting Die Essay Example for Free

Killing and Letting Die Essay Foot’s calculated article entitled, ‘Killing and Letting Die’ is one which provides arguments through hypothetical situation’s, discrediting opinions and beliefs of other modern philosophers. Its main cause is to locate moral differentiation between the active taking of life versus allowing death to occur by means of not producing assistance. Afterwards Foot applies these beliefs onto the sub-topic of abortion, highlighting flawed examples of pro-abortion arguments she then counters these with her own strong outlooks. In this critical report I intend to analyse the relevance and application of Foot’s arguments highlighting both strengths and weaknesses in Foot’s judgements. Foot opens by expressing that in specific circumstances, for instance our negligence to end third world starvation as opposed to the giving of poisoned food to these starving individuals, our moral agency has a role. This is a sound argument, we have sufficient resources to end starvation with little if any detriment to ourselves yet we fail to provide. This failure is just as morally wrong as providing poisoned food. This is not to say Foot believes killing and allowing to die are the same. It is merely her belief in this particular circumstance that they are not morally dissimilar. Proceeding this is a hypothetical proposal of two circumstances: One, in which 6 individuals are reliant on the intake of a certain rare drug. One individual requires the full quota of this specific medification in order to live, thus the other five would not receive the drug and would consequentially die. It is therefore clear to Foot that the five should receive the drug and regrettably allow this individual to die. The other, where five persons require organs and to save their life one patient is killed to obtain these for the five in need. The clear moral distinction between these two is the role played by moral agency. We play our part as an ‘agent’ in the death of a person whereas in the other we cannot be held responsible for the eventual outcome- being his death. It is our active involvement in the case of ‘the killing for spare parts’ which is denounced as morally wrong by Foot, whereas in the case of providing the medicine at a lower quantity to the five patients rather than all the medicine to the one patient; we are not an agent in the death as the resources were insufficient to keep the individual alive. Thus Foot concludes a morally justified stance is adopted. This point is further continued in Foot’s ‘Rescue I’ and ‘Rescue II’ cases she offers. Rescue I involves a rescue team hurrying to save five persons from drowning before the receive news of one person threatened by some other happening, they choose to continue to save the five and regretfully allow him to die. This is then contrasted with the hypothetical situation of Rescue 2. Rescue 2, the rescue team are on their way to save the five from drowning when blocking their road is an individual trapped on their route. To continue and save the five the team would have to drive over the individual resulting in certain death. Foot progresses this point by stating, â€Å"We cannot originate a fatal sequence, although we can allow one to run its course. † It is therefore apparent Foot is establishing her stance as against the idea killing and allowing to die are morally divergent. This stance though can be countered with an example proposed by James Rachels which is recognised by Foot. In the first case, a child is intentionally held underwater in the bath until they drown. And in the second an individual see’s the child slip and fall underwater, whilst the child drowns they do nothing. Foot accepts that both are morally wrong however she provides weak and incoherent reasoning for her contradiction. Resorting to an argument involving ‘levels of badness’, as if an untoward deed can be rated on a scale. It is ludicrous to suggest any act of malicious or evil intent can be inferior to another simply because of the outcome. Also Foot suggests that because the two cases differ in their acts, the result cannot be known to be the same. Foot’s established beliefs are then applied to the sub-topic of abortion, and if there are any situations it is morally justifiable to abort a foetus. Foot introduces an argument voiced by Thomson in favour of abortion. Thomson’s belief is that abortion is always morally justifiable as no human being has the right to use of another’s body, therefore the foetus’ rights are waived and the mother’s rights to remove the foetus as a hindrance take precedence. Foot recites Thomson’s flawed example of an dangerously ill individual being hooked to the body of another person without consent in order to survive being similar to that of a pregnant woman. She continues to say if the unconsenting person detaches himself he is not a murderer as the ill person is proving an inconvenience to them. Foot breaks down this argument by showing there is an intrinsic difference between instigating a fatality and not providing the means to continue life. Foot finds that the language used to describe failing to provide the means to survive does not serve purposes of this argument. Foot indicates the word ‘kill’ is unimportant and it is infact the outcome of death is not instigated by an agent it is otherwise allowed to take place. This is relative to the act of abortion as Foot suggests the foetus is dependant on its mother in the same way children depend on their parent’s for food and shelter. Thus Foot hints that the previous suggestions by Thomson are horrendously faulty, by denouncing her comment that a mother’s rights override a foetus’ rights as it hinders her life. Surely this is saying that if an alive child is proving a encumbrance to it’s parents lives it is morally justifiable that they terminate its life. Foot correctly highlights that the arguments hinges upon the audiences perception of a foetus’ moral status. Be it as a human being or otherwise. Foot proclaims that if the foetus should be considered a human being then Thomson’s argument is as similar to ‘the killing of the man for spare parts’. Concluding that the foetus’ status remains at the core of justifying the opposition or support of abortion as an act.

Telecommunication industry Essay Example for Free

Telecommunication industry Essay Telecommunication industry is a fast growing industry all over the world, During the beginning era of mobile phones, call charges was highly expensive and it was not affordable to common public, during period of 2000-2007 telecommunication industry become a highly competitive and mobile phones become a common commodity, this development gave extra energy to the telecommunication sector and mobile phone service providers started to attract subscribers Most of the countries have multiple operators and they do have very tight competition among them. Big countries like India, China, USA, have plenty of mobile operators, Most of the operators are offering low call costs and added value services to attract the subscribers. UAE is a very fast developing economy in MENA region and growth in UAE telecommunication sector is very aggressive. From 2003 UAE telecom sector started growing rapidly by increasing of mobile users, internet users, adding new broad band technology etc. UAE’s first telecom provider is Etisalat and it is established in 1976, up to 2007 Etisalat was the sole player in UAE telecom sector. When compare to some other countries UAE was the only country that had a single operator for long time. By 2007 UAE government has given the permission for one more operator, hence a new company has started which is Emirates Integrated Telecommunication PJSC. Currently UAE have two telecom operators which is Etisalat (Emirates Telecommunications Corporation) and DU (Emirates Integrated Telecommunications). Both companies are governed by TRA, Telecom Regulatory Authority. TRA UAE has been established according to the UAE federal law, TRA is responsible for the managing of every part of telecommunication information technology industry of UAE. As per a recent press release by TRA, (Telecom Regulatory Authority of UAE) number of mobile subscriptions in UAE growing hurriedly and it is expected to reach 11.7 million by the next year. This indicate that this rate is one of the high mobile penetration rates in the world. During 2008 -2012 the number of internet service subscribers increased 10.5% to over 1.3 million showed the figures. The percentage of internet subscriptions connected by fiber technology increased by 7.8% of customers were upgraded from copper networks to new advanced networks. As per the figures in 2011 telecommunication industry contributed a significant part in UAE’s economic growth and this sector an employer for around 10,000 people from different nationalities. Since UAE Is a place who have lot of expatriates, number of intern ational calls are very high than some other countries and the revenue from ISD calls are also high. There is a lot of illegal VOIP calls provides in the market which is a threat to the telecom sector in UAE, Government has started a campaign to prevent this but still illegal VOIP providers are active in the market. Both operators Etisalt DU has published lot of notices and warnings via media to educate people to stay away from illegal VOIP phone services. The development of information technology energized the telecommunication sector, in some cases the IT development helps the mobile companies to make more revenue, but some cases the IT development become a reason for their revenue lose also. Let me take the example of smart phones, since smart phones are very popular among the public, the revenue from the DATA usage has increased significantly, but in other ways the revenue from the calls has declined drastically as people has started to use messenger services with the help of mobile data internet. About DU- Profile Emirates Integrated Telecommunication Company Emirates Integrated Telecommunications Company (EITC) is a telecommunications company in the United Arab Emirates. Although Emirates Integrated Telecommunications Company is its legal name, it was commercially rebranded as DU in February 2006.They started their operation in 2006 with mobile and fixed telephone services, broadband connectivity and IPTV services to individuals, homes and businesses. The company, has invested AED 1.7 billion in 2011 and has a total of 4,993,600 active mobile subscribers, 623,7000 fixed-line telephony subscribers and 127,000 broadband internet subscribers. By end beginning of 2012 DU have employee strength of 2000 peoples from 60 nationalities. As a part of their commitment with UAE government they have employed a lot of UAE nationals in their senior level posts. Since Etisalat was the one and only service provider in UAE for long time, and there was lot of complaints among the public about the call rates of Etisalat while compare to the other operators in other regions, DU has got a warm welcome to the UAE telecom sector, they have faced lot of technical issues in the starting era, Etisalat was so established in the market as they are the one who started the telecommunication in UAE with fixed telephone lines, it was a challenge for DU to break the barriers of an industry leader like Etisalat. During the beginning time DU has started with mobile phone services, fixed lines and internet, services, but their main focus was in mobile phone subscriptions, obviously the coverage of mobile network was an important concern, DU has started investing on new mobile towers and highly advanced equipments to overcome this issue. gradually they have started focusing on internet services providing as well as fixed telephones, By 2010 DU has become a prominent player in UAE telecom sector, DU has implemented a lot of new marketing strategies to grab the market share.e.g. Etisalat billing method for long time was 10 second billing and DU has started one second billing which clicked in the mind of the public as they start think about saving call costs. Due to the tight competition Etisalat also forced to reduce their call costs to protect their subscriptions. Year by year the gap between DU and their competitor become shorter, as of October 2012 DU has got a market share of 47.2%. In terms of revenue during the time of 2009 DU got a revenue growth by 35% to aed.5.3 billion, 2010 also considered as a robust year as DU achieved considerable milestones, in 2009 the net profit before royalty was 0.5 bi9llion and it had growth of 132% hence it reached in a level of 1.2 billion. As per the recent press release by DU regarding their financial result as of Q3-2012, DU got an increase in revenue by 12.9% year on year. In 2011 Q3 their revenue was 2.23 billion and as of October-2012 the revenue become 2.52 billion. In case of number of active mobile users DU has got an increase of 20.7%.in Q3 2011 it was 4,938,000 and Q3 2012 their active customer base become 5,960,700. They have achieved same level of growth in case of the number post-paid mobile users and fixed line users, broadband internet users etc. With more than five million subscribers, DU is now focusing on improvement the average minutes of use and average revenue per user. This ARPU rate was aed.113 in 2010 , DU has managed to make it as AED.119 in 2011. Growth in the revenue from internet is become a significant part of DU’ revenue. Based on the industry forecast and projections DU is expecting a rapid growth on the coming years. During 2011 year period DU has managed to reduce their overhead and reinforcing the operational controls. DU has made a significant reinvestment in 2011 which was aed.1.3 billion, they have added 1,275 new base stations, this has improved the network coverage of DU,and 3G data coverage also got very good improvement. In view of a shareholder, DU is a highly profit expecting company in coming years, as per the press release by DU by end of Q3 2012, they have made good control over the overheads. The published figures represents company’s ongoing focus on controlling costs and delivering shareholder values. The increase of overhead in Q2 –Q3 2012 is very tiny, Published financial data, 2009,2010,2011. An over view. Financial overview 2009. As per the financial documents published in end of 2009 , du has reached the mobile market share fof 32%.In terms of revenue growth DU has marked a growth of 35% ,in 2008 it was 3.9 billion and it touch 5.3 billion in 2009.Earning per share for DU share holders grew to aed.0.066 from Aed. 0.001 in 2008. DU has made a reinvestment of 2.4 billion in 2009. While compare to the year 2008 share holders equity has increased by 11% which raised from 2.5 billion to 2.79 billion. Earning before interest , tax, depreciation and amortization increased substantially to the DU’s highest level at AED.1.1. billion for 2009, up 185 from the previous year. Net profit before royalty reached aed.528.2 million, well growth than previous years. Financial overview – 2010 Year 2010 was a very significant year of DU, despite of economic uncertainty in UAE rest of the world DU has achieved a significant growth in terms of market share, gross profit etc. Net profit before royalty amplified by 132% which was a record in the region, in addition to this significant mild stone, DU received the confirmation from Federal Government about the royalty charge for 2010. This early determination from Federal ministry enabled them to plan their liability in terms of royalty payable to Government. As per the published figures by TRA DU has achieved market share of 40% by 2010. Since 2010 is a fourth year of operation this market share is a good achievement. Gross profit has increased from 3.5 billion to 4.6 billion. Financial overview – 2011 The year financial performances has led to the recommendation by the board of directors to purpose our first cash dividend of 1.5 fills per share for 2011. By end of 2001 DU has become the 46% share holder of UAE telecom industry, and subscription strength touched to 5 million, during this period the net net profit before royalty has grown rapidly, increased to aed. 1.8 billion in 2011 which is 48% increase year to year. During this year DU has marked a significant milestone in corporate governance, company has ranked number one in the recently rebalanced S P Hawkamah ESG (Environment Social Corporate Governance) pan arab index. Following chart shows the revenue growth of DU during the time of 2009-2010 period. About DU, a SWOT analysis Below SWOT analysis shows the overall picture of the organization’s current strengths, opportunities etc. STRENGTHSWEAKNESSES 1.A very good growth graph of last 5 years. 2.Highly advanced systems in telecommunication. 3.Good image among the public 4.Support from the Government 5.A strong chain of retail outlets 6.Recently started DU’s mobile WIFI internet 7.Very good plans for corporate sectors 8.Good business cooperation with mobile phone manufactures, Apple, Blackberry, Nokia etc. 9.Attractive plans for cooperate sector. 1.Lack of network coverage in some areas 2.Number of fixed phone subscribers are very less while compare to competitor. 3.DU doesn’t have any international operations which lead to high roaming charges in some regions. OPORTUNITIESTHREATS 1.High internet literacy level of people in UAE which leads to increase in internet usage. 2.Popularity of the smart phones, most of the people are opting smart phones with internet connections, which leads to the increase of data usages. 3.Increase in number of expatriates 4.People’s trend to use two or mobile phones at a time.1.Illegal VOIP phone services, this illegal phones are active in market, which decrease the revenue of DU in case of International calls 2.Pressure from the international telecom sector to allow more operators in the region. 3.Popularity of the messenger services, internet based messenger services which is possible via smart phones tend people to keep away to make calls, this reduce the income of DU in terms of local mobile calls. As per the above analysis DU has got a good path to proceed to the success, while comparing to the competitor DU have some disadvantages, but they got success to overcome this with their marketing strategies. While compare with the competitor DU have got more attractive data packages, and mobile hand set packages as they have managed to build good relationship with the mobile manufacturers which help them to implement more attractive packages. Since the smart phones are became a trend among the public usage of data packages are increasing and this can contribute more revenue in the coming years.

Impact Of Globalisation On Developing Countries Economics Essay

Impact Of Globalisation On Developing Countries Economics Essay The negative impact is in the world economy due to globalisation especially to the developing countries can be easily described in ten points. According to the current financial crisis mainly developing countrys trade will suffer and the World Bank is predicting that trade will fall by 2.5% in 2009-2010, which would be the first decline in global trade flows since 1982. Many investors are frustrated that it is so difficult to establish different production and manufacturing industries in those developing countries due to having many obstacles and slowdown factors even before the crisis began. Some economists argue that the situation is currently declining and the downturn in trade has aspects which are particularly worrying for developing and emerging economies. There are some factors which are relatively important and can be describes as slowdown factors for the developing countries or poor nations. The factors are describes below. Instability Globalisation faces enormous resistance especially in the third world. The defender of globalisation argues that globalisation could not solve the entire problem. It has been accompanied by increasing instability in hundreds of countries during the last three decades. So poor nations become poorer and rich countries become richer in the world. The poor countries follow the rules and regulations of international agreements to open their market. But they fail to gain the success for lack of knowledge and information and large risks associated with this policy. Then they lose their money, wealth and sometimes resources. Most developing countries are weak and are deprived of a social safety net. Economic crisis Most growing economies in South East Asia and South Korea have suffered major economic crises in their currency and markets and in employment. The crisis is due to sudden withdrawal of short-term funds by western investors and large scale short-selling on foreign exchange and equity markets by speculators. The example can be the Asian crisis that began in the 1990s with financial meltdown in Russia in August 1998 and severe turbulence in Latin American markets particularly in Brazil and Argentina. Poverty There were 864 million people in poverty in the world due to globalisation and this is another factor. Although most poverty is predominant in countries like Africa and South East Asia, even people in China and India ,due to globalisation, are living on less than $1 per day. Whereas in developed nations the minimum wage is $7 per hour and people have a more comfortable life. Having political issues and a lack of skilled workers, degraded environment, and destroyed original culture and the pressure from IMF, USA, WTO, developing nations economies are deteriorating, Many countries have suffered increasing poverty. In East Asia and the Pacific, the rate rose from 2.1 in 1970 to 5.4 in 2009 and in South Asia rose from 3.1 to 6.0. Terrorism According to Financial Times editor Lionel Barber (2008) The economic crisis was far from over when another assault took place, this time in Mumbai. Terrorists, laden with plastic explosives, grenades and assault rifles, killed at least 192 civilians across Indias financial capital and laid waste to the luxury Taj Mahal Palace hotel. By singling out symbols of Indian opulence and power, the perpetrators consciously copied the September 11 terrorists who targeted the Twin Towers in New York. So we can see that the problems of globalization are not only with third world countries but also in developed countries that are facing the serious threat of terrorism. Globalisation was doomed in the aftermath of the outrage of September 11, 2001 in USA. The terrorists killed many people and destroyed the World Trade Centre. They also attacked in the Thailand holiday resort of Bali. The onward march of global economics has faced financial crisis, the stock market collapse in the world. (Financia l Times, Dec 22, 2008.). Globalization has another negative impact of using nuclear power. The nuclear stockpile is increasing in the world due to globalisation and this should be a warning to the world. Child Labour Discrimination: Child labour is increasing in the world. You can also find child labour in the USA which is the richest country in the world. In developing countries they sell flowers, cold drinks, and magazines on the street. They live in the unhygienic places which are bad for health and have been affected by different diseases. The international labour organisation and international agency raised the world labour issue and according to their report that 100 to 200 million children under fifteen are at work and 95% are from poor countries and half of them are from Asian countries. About 100 million children have often gone to primary school in those countries. The children sometimes smuggled into different countries in the world. This problem is longstanding and historically inherited. Political Barrier There were still political barriers in eastern European countries in which communism prevailed in the 20th century. Adapting to the global market, citizens of those countries took part in revolutions, thousands of people died and governments were formed to establish capitalism. Today their door is open for global business and they joined the European Union and get many subsidies from rich European countries and their economic condition is going to stabilise their position with low inflation Global warming and diseases The world has been suffering from different diseases and the cost of drugs is expensive. The average dollar income per head means those people are not able to afford to buy such drugs. AIDS afflicts many in Africa and South Asian such as India and Thailand can hardly afford drugs. Some developing lands have been accused for using greenhouse gas for pollution but the United States of America is biggest source of the greenhouse gas in the world. Infrastructure Problem Barrier There are still infrastructure problems in developing countries such as India, China, and Malaysia, Bangladesh etc. They dont have a strong telecommunication network for contact with another country or in different areas of their country. Still the same problem exists in Africa where the people live without electricity, pure water supply system, road, technology and telecommunication as well. That is why they are not able to cope with globalisation . Holders of Power:- Some economic scholars believe that business people sometimes take control of the country from sovereign governments by forcing illegal pressure. They lack interest in the long term benefits to the country and only look to their own interests to cope with global business in the global market. Brazils former president, Fernando Henrique Cardoso stated that he didnt rule Brazil because globalisation is swallowing national state and is inevitable as are its consequences, its disasters, exclusion and social regression. So this is a threat for the country and national sovereignty. Overcoming these barriers. There are several trade theories like Dunning OLI, Porters Diamond theory, Heckscher -Ohlin model, Global shift theory along with different core ideas can help in the expansion of organizations across national or international boundaries to cope with globalisation and reduce the barriers or problems in the global financial market. I have also tried to highlight its importance for economic growth in developing countries. Daniel (2007) writes in his International business book Think globally, but act locally which means the country should do what is best for its own people rather than what is best for the world. They try to influence and understand how their people can be benefited with the help of globalisation and improve the global economic condition and return to confidence and overcome the global slowdown and improve individual opportunity. 2.11.1 Dunning OLI Theory:- Dunning (1995) OLI wrote a paradigm that is very helpful for multinational enterprise and global trade to other countries. By following this theory we can benefit and can reduce the problem of globalisation in the world. O- Ownership Specific advantage:- Corri and Farquharson stated that ownership specific advantage refers to the type of knowledge and privileges where an organisation can make goods which are not available to its own competitors. The foreign direct investor not only depends on cost but also places emphasis on ownership factors such as skilled workers, network, and ease of access to capital and use of technology. Japans joint venture with Rover and producing Honda car in the UK is an example. They believe and have invested in the UK for having skilled workers, high technology and can produce good quality product with best performance. So globalization makes it possible. The Japanese Company can say it is a UK car. The world is becoming more competitive and it can be very difficult to survive in a global competitive market. So the multinational companies are aware of the ownership factor. Their emphasis on skilled workers at low cost brings great advantage. The multinational companies are now recruiting workers from Chi na and India at a low cost. They are looking for talented people anywhere in the world and it has not ended. PepsiCo recruited 300 extra people in their snack unit through a talent assessment program in 2006. EMC started a global innovation network for research and development workers in the world. So all multinational companies are devising new strategies on a global scale to survive market conditions. L-Location Specific advantage:- For meeting the global market demands, research and development is also needed. The location is another factor of Dunning theory where MNEs can gain access to complimentary assets based on the nations competitive advantages originated in the partners home countries due to globalisation. Management skill is an important factor and India have trained many people who have moved abroad and moved back to their own country to set up new businesses in the Software industry and garments factory. Market size and growth potential are the most important location factors according to Meyer (1998) and Floyd (2002). China, India, and Russia are good locations and those countries have low cost bases now. The market of China has grown GDP10% now. Indian software industry becomes more important in the world. One specific location in India is Bangalore where infrastructure is good now. The location is more attractive to USA and UK firms which show prominence in the software industry (Heek, 1999). The global software industry is estimated to be worth around $1,300 billion now. Indias software export was worth $12 billion in 2003 and has grown 26% over the fiscal year which is a good for a developing country. They export to the USA who is dominating the market, the US buys $6 billion software products (McManus, 2004). India exports 3% software products now in the world. There are still some infrastructure problems like cultural difference, language capability and software engineering ca pacity. If they can produce three million computer scientists they can fill their export target about $ 50 billion in 2008(IT trends2004). FDI is more attractive in China which employs a low cost strategy. China now takes up 4.4% of this industry sales in the world. The production has grown about 12% for the last ten years. And the value of production output to reach US$96 billion by 2010(Wang, 1999). China has also strong domestic software industries which hold 33% of the market. The official policy is to increase this to 60% by 2012 (Gartner, 2002). I Internalisation Specific advantage:- Internalisation is a specific advantage which occurs when international markets face increased costs, because of transaction costs that global activity faces currently. In some respects that cost represents a natural barrier. Another factor is labour cost which is very high in developed countries. The theory of international division can help by their domestic market that can reduce the production cost with the help of low labour cost (Frobel, 1980). He also argues that the global profit can increase when production costs are low. This is possible in low-cost areas such as Eastern Europe and the third world countries such as India, China and Bangladesh. There needs to have been research development, good transport and communication technology (Corri, Farquharson). McManus and Floyd (2004) both stated that today India has benefited from having technological innovation. They improve the research centre and Google the worlds largest search engine is all set to open a development centre in Bangalore in India. Another leading web company, Yahoo carries out development work in Bangalore. IBM has also set up a laboratory in Delhi and 70 researchers in India. Mobile phone giants Virgin media and Vodafone have run their businesses in India recently. India now becomes a 1500 million people market now. The giant mobile handset company Nokia is to set up a research and development hub in India. Intel conducts 15-25% of its research and development outside the US and 900 in Bangalore and expects to add 1,100 employees in that company. India produces around 100 thousand computer science graduates a year. The Chinese government has prioritised boosting the information technology industry and it has become a national guiding principle in economic construction . China has an ambitious plan to turn the software industry into a new pillar industry in the 21stCentury. Chinese government has also initiated the e- government project. The success and demand on Internet protocol (IP) and Broadband subscribe line, latest net enabled devices; personal computer and semiconductors are the most popular sector in the global IT world. Personal computer users in The Middle East and Africa will increase to 17% from 7.2% in 2008(because of lower taxes, concern government effort to get PCs into school). And in Asia (excl Japan) it will be more moderate 11%. Asia is becoming the largest mobile phone market in terms of subscribers. However, the market of China has appreciated at almost 10% GDP of late in terms of growth. Now half of the world population has a mobile phone, and growth rate is nearly double. It is not used just for talking; it has now high speed Internet that people can download music, video, data etc 2.13 Heckscher -ohline Theory:- Heckscher -ohline theory is also very helpful. With the help of globalisation it is possible to remove the poverty and improve the global world. The concept of this theory is that the country has more capital but not enough labour. In this way a nation can invest its money in any poor or developing country to their mutual benefit. Sweden, Netherlands and Finland are among those countries whose capital outweighs their labour. They can invest in any Sub- Saharan African or developing country such as China or India. These countries have large labour forces or they can produce large labour intensive goods. Globalisation makes free movement of labour across borders and raises the income of labour. We have also gained knowledge from Heckscher-Ohlin theory extends the concept of comparative advantage by explaining the observed trade structure according to comparative advantages from the country-specific abundance of production along with some countries with relatively large capital but less labour focus in capital-intensive goods and high-tech products. This is seen in Japanese firms where they make substantial use of robots to assemble vehicles whereas Spanish firms, who have access to the same technology, do not because labour is relatively expensive compared to capital in Japan (Tayeb, 2000). 2.14 Global Shift Theory:- Todays global economy is genuinely borderless. Information, capital and innovation flow all over the world at top speed, enabled by technology and fuelled by consumers desires for access to the best and least expensive products (Ohmae, 1995, inside front cover). Dickens (1992) suggest in his global shift theory that the world become more internationalised and more globalised due to capital which was organised by multinational companies. The theory includes three important factors such as high technology for quality production, the relation between government and foreign organisation where any large organisation can do international business overseas with the help of politics and economics. From the business point of view, this global shift theory helps to build organizations assets, shareholders, personnel, value of chain, with which they exercise power on a global scale and growing. For example in 1960 the US was one of the biggest exporters of automobiles in the world however they had an enormous trade deficit in 2003 of $112 billion. While Japan has a comparable trade surplus of $92 billion because of their production locations abroad and they build more cars in exporting countries then other competitors like (USA). By using these theories not only the developed country can globalise their business in the world but also the developing can receive help for improving their own countrys GDP growth or financial position. Good financial health also helps to improve the populations life expectancy, and removing all barriers in the market and playing a significant role in the global economy and participating and contributing in overcoming economic crises. FDI its role in Global economy with the help of globalisation Foreign direct investment has swung back towards the developing parts of the world. Vast areas that had been shut from trade, investment and market forces have sought to join the capitalist club, opening their borders, reforming their economies and welcoming multi-national investment (The Economist, 1993). The participating players in Asian markets are Australia, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam. While China stands as the largest foreign direct investment recipient among these countries, discounting for its huge market size, fast economic growth, low labour costs, relatively well educated human resources, economic and geographical characteristics. Chinas relative performance in attracting foreign direct investment inflows is only at a level moderately above average among the developing countries. Some people have argued that globalisation is not to blame for increasing poverty and ineq uality. The current distribution of economic and political power in the world is fair. Foreign Direct Investment (FDI) is playing an increasing role in the world economy. Global FDI inflows were 29% higher in 2004 a total of $916 billion. Flows to developing countries in 2005 rose by 22% to reach a record high of $334 billion. Developed countries also saw increased flows; they saw a rise of 37% to $542 billion. It provides for equal opportunities for poor and in global affairs, relatively powerless. At the world level poverty is declining. FDI is one of the key factors in globalisation. It maintains some basic rules to invest. To be a success in the global economy nations have to follow the FDI laws and regulations.