Friday, September 6, 2019
Blooms Taxonomy Pyramid Essay Example for Free
Blooms Taxonomy Pyramid Essay I Actually found one verb that was present on the planning pyramids unit planning form. Compare and contrast weather and erosion actually had the compare verb for the Blooms analyzing. The other verbs include: Remembering- rocks and basic components of a basic type that are of the earths surface. Understanding- the way the earth looked during the Ice Age, sudden change that occurred due to disasters, and weathering and erosion are forces that change the crust. Applying- geographic examples of how slow and fast changes Evaluating- how physical and chemical weathering is caused by humans The adaptions that are present on the planning pyramid form are thought through and planned out because it looks and seems like the teacher placed the four teaching strategies; content presentation, instructional grouping, provided practice, and progress monitoring that is listed int eh syllabus. It basically looks like the teacher is planning for a visit from a guest speaker to talk about volcanoes. I do feel like that this would definitely cover the instructional grouping and content presentation, and I believe that due to the fact that students will get to learn and talk to a person that has a great deal of knowledge about volcanoes and the erosion that it has done to the earth. I believe that provided practice is similar to the planning because the teacher is thinking and wanting to get rock samples, watch a erosion and weathering video, work with concept maps, and the teacher will also have student to write in a daily log what they learned on a day to day basis. The grouping teaching strategy is also an idea the teacher relates to because he or she wants the students to be in learning groups so that they can learn the textbook materials, and also have a buddy to help them study for pop up quizzes and tests. The progress motoring teaching strategy is also a good idea in what the teacher will use because he or she plans to have a vocabulary flash to help them review and have weekly quizzes and a unit test at the end to monitor his students.
Thursday, September 5, 2019
Globalization Has Increased Poverty In A Developing Nation Economics Essay
Globalization Has Increased Poverty In A Developing Nation Economics Essay Nowadays, the term globalization is the main focus of attention. It is often described as a process of internationalization easy communication regardless of geographical boundaries due to advance technologies, easy and fast financial capital flow across the globe and countries become more interdependent particularly in economy. It is believed that globalization provides consumers with variety of choices with affordable price. So, is the globalization reducing or increasing poverty? This study will attempt to briefly answer this question. Though both the United Nations and India have celebrated fifty years, they have been criticized for failing to translate the stated mandate for the disadvantaged millions. Half a century after Independence, as of now, we have the largest population of poor people in the world, one third of our rural population is below the poverty line and despite the UN agencies massive aid projects, the development assistance of the World Bank, bilateral aid, the Center and State governments intervention, the gap between the rich and the poor has doubled in the last three decades fifteen years ago the lowest 20 per cent of global population received 2.5 per cent of global wealth whereas at present, the share has been reduced to less than 1.3 per cent. For example, the 1999 UNDP Human Development Report records that the gap between the rich and the poor among nations as well as within nations has widened. Even the World Bank in its Report for 1999 concedes that raising the GNP is not enough to impr ove human development, other social measures are needed. The trickle-down theory of economic development cannot bring out the desired results. It has also pointed out that India is a country of stark contrasts and disparities. Among the widening contradictions some seem to be glaring. Undoubtedly food grain production has increased fourfold but 653 per cent of children under four remain undernourished; literacy has doubled, yet half the population is illiterate, life expectancy has improved but only 927 females survive for every 1000 males. As we have entered into the twenty-first century, it is imperative on our part to look at the scenario with bare facts and figures. The problem statement Does Globalization increase or reduce poverty. Objective and scope Poverty in India is widespread with the nation estimated to have a third of the worlds poor. According to a 2005 World Bank estimate, 42% of Indias falls below the international poverty line of $1.25 a day (PPP, in nominal terms Rs. 21.6 a day in urban areas and Rs 14.3 in rural areas); having reduced from 60% in 1980. According to the criterion used by the Planning Commission of India 27.5% of the population was living below the poverty line in 2004-2005, down from 51.3% in 1977-1978, and 36% in 1993-1994 Among the causes ascribed for the high level poverty in India are its history under British rule, large population, and low literacy. Also important is Indias social structure, including the caste system in India, and the role of women in Indian society. Economic growth has in the past been dampened by a dependence upon agriculture, and the economic policies adopted after its independence. Since the 1950s, the Indian government and non-governmental organizations have initiated several programs to alleviate poverty, including subsidizing food and other necessities, increased access to loans, improving agricultural techniques and price supports, and promoting education and family planning. These measures have helped eliminate famines, cut absolute poverty levels by more than half, and reduced illiteracy and malnutrition. (I) Defining globalization and poverty (II) Does Globalization reduce poverty, (III) Does Globalization increase poverty, (IV) What are the other reasons contributing to poverty, (V) What role The World Bank, IMF and WTO play in developing countries, (VI) Who benefit the most from globalization. Defining Globalization and Poverty Globalization has been defined in various dimensions. Among many established definitions, these are some of them. Globalization as internationalization in which is viewed as simply another adjective to describe cross-border relations between countries; Globalization as liberalization which refers to a process of removing government-imposed restrictions on movements between countries in order to create an open, borderless world economy. Defining poverty is controversial. Definition of poverty in developed countries may not be applicable to the one in developing countries. However, United Nations and World Bank define poverty line as living on less than a $1 and $2 a day for low income countries. Sociologists define poverty a lack of essential items such as food, clothing, water, and shelter needed for proper living . Since Globalization and Poverty is a huge and very broad topic, this short paper is to attempt looking at one of the heated debate questions on whether globalization reduces or increase poverty. Numerous studies on this issue have been carried out. However, the findings are conflicting. (II) Globalization Reduces Poverty Neoliberal economists widely believe that globalized trade benefits not only the affluent but also the poor through trade integration. Neoliberal economic theorymore open economies are more prosperous, economies that liberalize more experience a faster rate of progress Wade (2004, p-567). The belief is that as countries open up their economy such as by slashing down the trade barriers for instance tariff, custom duty and quotas, price of imported goods will be affordable for the poor; foreign direct investments come in and create jobs in local economy. Consequently, this increases export growth and GDP. Millions of poor peoples living standard improves because of jobs created. China, India and Vietnam are often cited as good examples for success of globalized economy. (III) Globalization Increases Poverty On the contrary, many economists are unconvinced by the neoliberal economists view that globalization reduces poverty. Pilger (2001) in his TV report on Indonesia presents that despite investments from multinational corporations (eg. Nike, Levis, Reebok Classic, Calvin Klein Jeans, Adidas, Gap Inc.), poverty remains unchanged in Indonesia. On average, Indonesian workers are paid only slightly over Rupiah 9,000 (US$1) per day which is just over half of a living wage. Harrison (2006) finds similar situation in Mexico. Mexico is a member of North American Free Trade Agreement (NAFTA) signed in 1993 with Canada, Mexico and USA. If trade integration is to reduce poverty and benefit the poor as neoliberal economists suggest, poverty in Mexico should be declined. But, Harrison (2006, p-7) concludes that poverty rates in Mexico in the year 2000 were higher than they had been ten years earlier. This reinforces that neoliberal economists view on decline of poverty is unconvinced. (IV) Other reasons contribute to poverty Wade (2004, p-571) states that more than 1.2 billion people are still living on less than US$1 a day. The followings are some of the most recognized reasons contribute to poverty: lack of natural resources, natural disaster long period of draught, corruption and sanctions imposed against specific country. For example, according to United Nations, Cape Verde is one of the most stable democratic countries in Africa and the government is relatively mild in corruption. It ranks 49 out of 179 in Transparency Internationals 2008 Corruption Perceptions Index . But due to cycles of long-term drought, lack of natural resources, shortage of water supply and lack of foreign investments, the state is still among the poorest nations on earth despite its good governance. Countries with rich endowment of nature resources also remain in poverty due to wide spread corruption, bad governance, political instability and economic sanctions imposed by powerful countries. For example, my country, Myanmar (Burma) is still among the worlds poorest countries despite rich endowment of natural resources from oil to various gem stones. It is due to political instability, severe corruption, lack of reliable judiciary system, basic infrastructures and economic sanction imposed by The US. Consequently, unemployment rate is remarkably high and chance of economic success for big majority of population is slim unless economic and political reform take place. (V) Role of World Bank, IMF and WTO on development in poor countries The World Bank, International Monetary Fund (IMF) and World Trade Organization are widely known as driving forces of trade liberalization. Pilger (2001) interviews several former executive officials of The World Bank and IMF in his TV report on Indonesia. Those officials explain that the roles The World Bank and IMF have played in Indonesias economy and various criteria a country to comply with order to get loan from them. World Bank and IMF are supposedly to help poor countries. In reality, powerful countries use the two institutions as tools to suck up resources from developing countries via multinational corporations, according to the TV report. To get loans from the institutions, a country has to reform its economy which mainly means to open up markets and allow multinational corporations to access to countrys resources and privatize industries. Thus, complying with the criteria implies serving the best interests of multinational corporations. In addition to opening up markets for multinational corporations, the loans also come with so called technical experts or consultants. So, significant sum of the loans go back to developed countries as salaries of those experts. To get loan from the institutions, a country also has to have a good relationship with the US because it controls 16.77% of total votes in IMF and 16.39% of The World Banks total vote. For instance, N-Korea and Cuba cannot get loans from the institutions because of sour relationship with The US. World Trade Organization (WTO) is another driver of trade liberalization. It forces member countries to open up their markets and eliminate trade barriers. New members are also required to fulfill these criteria. Members are required to comply with intellectual property laws which were mainly written by the big corporations. WTO is widely criticized for being ineffective to protect the interests of developing nations. When trade disputes occur, chance of getting success in legal battle for poor country is very slim even if it has a good ground because the mechanism is so expensive and complicated. Besides, it cannot force developed countries to stop subsidizing agricultural industry because farmers from poor countries are unable to compete with those heavily subsidized farmers in developed countries. Thus, poor countries always have less advantage in global trading system. (VI) Who benefits the most from globalization? There is no doubt that globalized trades/economy benefits all the parties concerned. However, various studies show that advanced countries are benefiting from the trades more than poor countries. Yotpoulos and Romano (2007, P-21) state that free markets and free trade work best if there are supported by extensive institutional structure such as business infrastructures, reliable legal system and political stability. Thus, globalization is more likely to favour the countries which are wealthy and institution rich, at the expense of those that are poor. On the other hand, developing countries with strong infrastructure base, political stability, dependable legal system and abundant labor forces also benefit from globalization. China, India and Vietnam are often cited as ideal examples. Furthermore, United Nation (2007, P-23) asserts that countries with bargaining strength are more likely to benefit more from bilateral trade agreements and impose more onerous terms on the weaker parties. We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the worlds people share the benefits of globalization. Kofi Annan . (VII) Conclusion In short, it is hard to find convincing data to support either globalization reduces or increases poverty. However, it is clear that globalization is more beneficial to developed countries than to developing countries mainly because of wide spread corruption, bad governance, lack of necessary business infrastructures. Unless world leaders share Kofi Annans concern We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the worlds people share the benefits of globalization., the following remarks are unfortunately likely to continue to be true. George Monbiot (Environmentalist) summarizes, Globalization is used to suggest a coming together of people of all races, all countries. It will relieve poverty and distribute wealth. What is actually happening is precisely the opposite. The Poor become markedly poorer and wealthy become staggeringly wealthier. United States Space Command (1997, p-6) remarks The globalization of the world economy will also continue, with a widening between haves and have-nots. References: Ann Harrison, GLOBALIZATION AND POVERTY NATIONAL BUREAU OF ECONOMIC RESEARCH, Working Paper 12347, Cambridge, 2006. www.nber.org/papers/w12347 John Pilger, Globalization: New Rulers of the World, Carlton Production, 2001. (TV report) Pan A. Yotpoulos and Donato Romano (editors), The Asymmetries of Globalization, Routledge, USA Canada, 2007. ROBERT HUNTER WADE, Is Globalization Reducing Poverty and Inequality? London School of Economics and Political Science, World Development Vol. 32, No. 4, pp. 567-589, UK, 2004. United Nations, The Employment Imperative: Report on the World Social Situation 2007 New York, 2007. Significance of the study India opened up the economy in the early nineties following a major crisis that led by a FOREX crunch that dragged the economy close to defaulting on loans. The response was a slew of Domestic and external sector policy measures partly prompted by the immediate needs and partly by the demand of the multilateral organisations. The new policy regime radically pushed forward in favour of a more open and market oriented economy. Major measures initiated as a part of the liberalisation and globalisation strategy in the early nineties included scrapping of the industrial licensing regime, reduction in the number of areas reserved for the public sector, amendment of the monopolies and the restrictive trade practices act, start of the privatisation programme, reduction in tariff rates and change over to market determined exchange rates. Over the years there has been a steady liberalisation of the current account transactions, more and more sectors opened up for foreign direct investments and portfolio investments facilitating entry of foreign investors in telecom, roads, ports, airports, insurance and other major sectors. The Indian tariff rates reduced sharply over the decade from a weighted average of 72.5% in 1991-92 to 24.6 in 1996-97.Though tariff rates went up slowly in the late nineties it touched 35.1% in 2001-02. India is committed to reduced tariff rates. Peak tariff rates are to be reduced to the minimum with a peak rate of 20%, in another 2 years most non-tariff barriers have been dismantled by March 2002, including almost all quantitative restrictions. Globalization has increased poverty, although there is a school of thought that it has reduced poverty. India is Global: The liberalisation of the domestic economy and the increasing integration of India with the global economy have helped step up GDP growth rates, which picked up from 5.6% in 1990-91 to a peak level of 77.8% in 1996-97. Growth rates have slowed down since the country has still bee able to achieve 5-6% growth rate in three of the last six years. Though growth rates has slumped to the lowest level 4.3% in 2002-03 mainly because of the worst droughts in two decades the growth rates are expected to go up close to 70% in 2003-04. A Global comparison shows that India is now the fastest growing just after China. This is major improvement given that India is growth rate in the 1970s was very low at 3% and GDP growth in countries like Brazil, Indonesia, Korea, and Mexico was more than twice that of India. Though Indias average annual growth rate almost doubled in the eighties to 5.9% it was still lower than the growth rate in China, Korea and Indonesia. The pick up in GDP growth has helped improve Indias global position. Consequently Indias position in the global economy has improved from the 8th position in 1991 to 4th place in 2001. When GDP is calculated on a purchasing power parity basis. Globalisation and Poverty: Globalisation in the form of increased integration though trade and investment is an important reason why much progress has been made in reducing poverty and global inequality over recent decades. But it is not the only reason for this often unrecognised progress, good national polices , sound institutions and domestic political stability also matter. Despite this progress, poverty remains one of the most serious international challenges we face up to 1.2 billion of the developing world 4.8 billion people still live in extreme poverty. But the proportion of the world population living in poverty has been steadily declining and since 1980 the absolute number of poor people has stopped rising and appears to have fallen in recent years despite strong population growth in poor countries. If the proportion living in poverty had not fallen since 1987 alone a further 215million people would be living in extreme poverty today. India has to concentrate on five important areas or things to follow to achieve this goal. The areas like technological entrepreneurship, new business openings for small and medium enterprises, importance of quality management, new prospects in rural areas and privatisation of financial institutions. The manufacturing of technology and management of technology are two different significant areas in the country. There will be new prospects in rural India. The growth of Indian economy very much depends upon rural participation in the global race. After implementing the new economic policy the role of villages got its own significance because of its unique outlook and branding methods. For example food processing and packaging are the one of the area where new entrepreneurs can enter into a big way. It may be organised in a collective way with the help of co-operatives to meet the global demand. Understanding the current status of globalisation is necessary for setting course for future. For all nations to reap the full benefits of globalisation it is essential to create a level playing field. President Bushs recent proposal to eliminate all tariffs on all manufactured goods by 2015 will do it. In fact it may exacerbate the prevalent inequalities. According to this proposal, tariffs of 5% or less on all manufactured goods will be eliminated by 2005 and higher than 5% will be lowered to 8%. Starting 2010 the 8% tariffs will be lowered each year until they are eliminated by 2015. GDP Growth rate: The Indian economy is passing through a difficult phase caused by several unfavourable domestic and external developments; Domestic output and Demand conditions were adversely affected by poor performance in agriculture in the past two years. The global economy experienced an overall deceleration and recorded an output growth of 2.4% during the past year growth in real GDP in 2001-02 was 5.4% as per the Economic Survey in 2000-01. The performance in the first quarter of the financial year is5.8% and second quarter is 6.1%. Export and Import: Indias Export and Import in the year 2001-02 was to the extent of 32,572 and 38,362 million respectively. Many Indian companies have started becoming respectable players in the International scene. Agriculture exports account for about 13 to 18% of total annual of annual export of the country. In 2000-01 Agricultural products valued at more than US $ 6million were exported from the country 23% of which was contributed by the marine products alone. Marine products in recent years have emerged as the single largest contributor to the total agricultural export from the country accounting for over one fifth of the total agricultural exports. Cereals (mostly basmati rice and non-basmati rice), oil seeds, tea and coffee are the other prominent products each of which accounts fro nearly 5 to 10% of the countries total agricultural exports. Where does Indian stand in terms of Global Integration? India clearly lags in globalisation. Number of countries have a clear lead among them China, large part of east and far east Asia and eastern Europe. Lets look at a few indicators how much we lag. Over the past decade FDI flows into India have averaged around 0.5% of GDP against 5% for China 5.5% for Brazil. Whereas FDI inflows into China now exceeds US $ 50 billion annually. It is only US $ 4billion in the case of India Consider global trade Indias share of world merchandise exports increased from .05% to .07% over the pat 20 years. Over the same period Chinas share has tripled to almost 4%. Indias share of global trade is similar to that of the Philippines an economy 6 times smaller according to IMF estimates. India under trades by 70-80% given its size, proximity to markets and labour cost advantages. It is interesting to note the remark made last year by Mr. Bimal Jalan, Governor of RBI. Despite all the talk, we are now where ever close being globalised in terms of any commonly used indicator of globalisation. In fact we are one of the least globalised among the major countries however we look at it. As Amartya Sen and many other have pointed out that India, as a geographical, politico-cultural entity has been interacting with the outside world throughout history and still continues to do so. It has to adapt, assimilate and contribute. This goes without saying even as we move into what is called a globalised world which is distinguished from previous eras from by faster travel and communication, greater trade linkages, denting of political and economic sovereignty and greater acceptance of democracy as a way of life. Consequences: The implications of globalisation for a national economy are many. Globalisation has intensified interdependence and competition between economies in the world market. This is reflected in Interdependence in regard to trading in goods and services and in movement of capital. As a result domestic economic developments are not determined entirely by domestic policies and market conditions. Rather, they are influenced by both domestic and international policies and economic conditions. It is thus clear that a globalising economy, while formulating and evaluating its domestic policy cannot afford to ignore the possible actions and reactions of policies and developments in the rest of the world. This constrained the policy option available to the government which implies loss of policy autonomy to some extent, in decision-making at the national level. ~
Wednesday, September 4, 2019
Destiny, Fate, Free Will and Free Choice in Oedipus the King - Impact of Fate :: Oedipus the King Oedipus Rex
Oedipus The King and His Fate Oedipus The King, by Sophocles, is a play about how Oedipus lives up his fate that he will kill his father and marry his mother, both of which are extremely bad in the Greek society, even though he thinks he is getting away from it. Despite the Greek notions of supreme power of the gods and fate, Oedipus' downfall is primarily the result of King Laius' and his own actions and attempts to defy the gods, consequently Sophocles says that prophecies from the gods of someone's fate should not be ignored. Prophecies from the Oracle of Delphi are told to King Laius and Queen Jocasta, and to Oedipus. Sophocles says that prophecies from the gods of someone's fate should not be ignored when King Laius went to the Oracle of Delphi and received a prophecy that his child, Oedipus, was going to kill him and marry his wife, Jacosta. " Shepherd - No! No! I said it before--I gave him the child...It was the son of Laius, so I was told. But the lady inside, your wife, she is the one to tell you. Oedipus - Did she give it to you? Shepherd - Yes, my lord, she did...To destroy it...She was afraid of dreadful prophecies...The child would kill its parents, that was the story. Oedipus - Then why did you give it to this old man here? Shepherd - In pity master. I thought he would take it away to a foreign country-- to the place he came from. If you are the man he says you are, you were born the most unfortunate of men." (86-89) When King Laius heard this prophecy and returned to Thebes to tell of this prophecy to his wife, they planned to kill their child, but neither had the guts to do it. They had a servant shepherd bring their child to Mt. Cithaeron to kill it, but the servant felt pity for the child and gave him to a fellow Shepherd from Corinth in hopes he could take it to a foreign country to take care of it. Sophocles says that prophecies from the gods of someone's fate should not be ignored when he tells that when Oedipus was in the care of his foster parents, Polybus and Merope, he took a journey to The Oracle of Delphi without them knowing.
Tuesday, September 3, 2019
Biosphere 2 :: Papers
Biosphere 2 Biosphere 2 is a supersealed ââ¬Å"greenhouseâ⬠enclosing an area of 3.15 acres. Exit and entry is through a double airlock. It consists of several different ecosystems within the ââ¬Å"greenhouse.â⬠It houses a tropical rainforest, savannah, scrub forest, desert, fresh- and salt-water marshes and a miniocean that even contains a coral reef. This biosphere is inhabited by over 4000 species in all. The biosphere is able to preserve it environment because; water vapor from evaporation and transpiration of plants is condensed to produce high amounts of rainfall over the tropical rainforest. From there the water runs back towards the marshes and ocean as is filters through the soil, providing for an ample supply of fresh water for the humans as well as the ecosystems. The carbon dioxide released from respiration is absorbed for photosynthesis and necessary oxygen is replenished. Thus, meeting the necessary requirements for a sustainable biosphere. Biosphere 2 is not completely self-sufficient, it does depend on solar energy, and the energy demands that are created to power the necessary machinery, would require another 30 acres of solar collectors. The conclusion of the ââ¬Å"cycleâ⬠is that not everything went exactly as planned. The oxygen level at one point dropped and additional oxygen had to be added to compensate for the underestimated amount of oxygen used by the decomposers in the soil. Larger amounts of carbon dioxide were used because of chemical reactions with exposed concrete. A large number of the species introduced especially insects necessary for pollination, died off, requiring pollination of many plants by hand. Despite these drawbacks the water, soil, and nutrients they started with were the same as when finished, having gone through the cycle a countless number of times. We have learned from this experiment that it is possible to build a biosphere, that integrates humans, and have it function within the tolerable limits of sustainability. Future versions of this experiment may be used in constructing permanent space stations or for long distance space exploration. If we continue mistreating our present biosphere we may end up living in structures similar to Biosphere 2. In my opinion this experiment proved to be very valuable if we wish to set up colonies on the Moon or other planets. This experiment is the beginning of the necessary information that will be needed to construct a completely self-sufficient biosphere.
Monday, September 2, 2019
A Comparison of Death Of A Salesman and Hamlet :: comparison compare contrast essays
A Comparison of Death Of A Salesman and Hamlet Willy Loman and Hamlet, two characters so alike, though different. Both are perfect examples of tragedy in literature, though for separate reasons and by distinct methods. The definition of a tragedy, in a nutshell, states that for a character to be considered tragic, he/she must be of high moral estate, fall to a level of catastrophe, induce sympathy and horror in the audience, and usually die, and in doing so, re-establish order in the society. Hamlet follows this to a "T". Death of a Salesman does not fall within these set guidelines but is still considered tragic for reasons, though different, somewhat parallel those of Hamlet's. Hamlet, a rich young price of high moral estate suddenly has his joyous life ripped away from him when his father, Hamlet Sr., suddenly passes away. Though originally thought to be of natural causes, it is later revealed to him through his father's ghost, that dear old dad was murdered by his Step-Father, and also his Uncle, Claudius. Vowing revenge upon his Uncle/Dad, Hamlet begins to mentally falter and eventually, is in such a wild rage that he accidentally kills Polonious believing him to be his father. Hilarity ensues. Ophelia, Hamlet's love interest, commits suicide/dies (that's up for debate elsewhere) after going slightly mad from the impact of her father's death, then Laertes, Polonius' son, arrives on the scene enraged and ready to kill Hamlet for what he's done, and just when you thought things couldn't get any worse, unbeknownst to Hamlet, Claudius has been plotting to kill him. Talk about your bad days. A duel takes place between Hamlet and Laertes where Laertes, using a poison-tipped sword, cuts Hamlet, thus giving way for his impending death. Hamlet eventually gets hold of the sword and kills Laertes, then kills King Claudius. Just as the play ends, Hamlet takes his last breath of air, appoints Fortinbras Jr. as the new King of Denmark, and dies. In Death of a Salesman, Willy Loman, a salesman who believed himself to be a powerful man, has his life unravel before him as he loses his job, his sanity and the respect of those around him.
Sunday, September 1, 2019
Markets
These markets includes very tough competition; as rivalry in the Brewing industry is increasingly high. SABMILLER tend to own multiple brands with different market positions. In this market, it is much easier for competitors to launch rival products that compete directly on price and thus eroding market share. After analyzing the company's competition, SABMiller has and still is experiencing this problem; for example in North America; especially recently where lnBev has bought Anhevser-Busch; this has helped the dominant Brewer to enlarge a further space between themselves andSABMiller; which has affected the company's market share future plans deeply, SABMiller now has to come up with new innovative ideas to try and close the gap between them and A-B lnBev. The American Industry is the largest brewing market by value as rivalry is now more intense than ever, meaning more competitors, are entering into a price war with SABMiller. This has become a huge threat for SABMiller, but it do es also hold opportunities to weaken this threat down. For example the company has the opportunity to acquire more stakes in the Brazilian market, or become the owner of China resources which is the largest brewer in China.SAB's acquisition of Miller was largely due to the pressure from the London Stock Exchange. It is felt that SAB was at risk due to its over reliance of soft currencies in certain market. Even though their core competences were elsewhere, SAB went on with the takeover to please the stakeholders. SABMiller's South African Culture has shaped the strategic development of the company. It is this culture, which makes their distinct capability of entering emerging markets less imitable. As highlighted in the case study, SABMiller strategy represents synthesis of learning based on the historical developments of the company. Markets These markets includes very tough competition; as rivalry in the Brewing industry is increasingly high. SABMILLER tend to own multiple brands with different market positions. In this market, it is much easier for competitors to launch rival products that compete directly on price and thus eroding market share. After analyzing the company's competition, SABMiller has and still is experiencing this problem; for example in North America; especially recently where lnBev has bought Anhevser-Busch; this has helped the dominant Brewer to enlarge a further space between themselves andSABMiller; which has affected the company's market share future plans deeply, SABMiller now has to come up with new innovative ideas to try and close the gap between them and A-B lnBev. The American Industry is the largest brewing market by value as rivalry is now more intense than ever, meaning more competitors, are entering into a price war with SABMiller. This has become a huge threat for SABMiller, but it do es also hold opportunities to weaken this threat down. For example the company has the opportunity to acquire more stakes in the Brazilian market, or become the owner of China resources which is the largest brewer in China.SAB's acquisition of Miller was largely due to the pressure from the London Stock Exchange. It is felt that SAB was at risk due to its over reliance of soft currencies in certain market. Even though their core competences were elsewhere, SAB went on with the takeover to please the stakeholders. SABMiller's South African Culture has shaped the strategic development of the company. It is this culture, which makes their distinct capability of entering emerging markets less imitable. As highlighted in the case study, SABMiller strategy represents synthesis of learning based on the historical developments of the company.
Industrialization by Invitation
Industrialisation is the process of social and economic change whereby a social group is transferred from a manual labor based structure to a more technologically driven society and where the economy gains much more capital via manufacturing industries. Caribbean economies have been labeled as weak and dependent, and controlled by stronger foreign states and institutions (The Plantation Economy). Sir Arthur Lewis, St. Lucia? s first Nobel Prize winner, has released several publications on the issue of underdeveloped nations in the Caribbean and solutions to correct this underdevelopment.Of these publications is the concept of ? Industrialisation by invitation?. Lewis felt that this was a step needed to be taken for the British West Indies to develop. Sir Arthur Lewis policy aided in the development of the B. W. I but the policy itself also hindered development as well as left out major aspects of development. After Lewis studied the system known as Operation Bootstrap (policy of deli berately inviting foreign direct investors) in Puerto Rico, he set out to adopt and implement similar in the British West Indies.The economies of the British Caribbean were mainly agricultural and there was a need to stimulate industrial growth and trade in manufactured goods, to diversify the economic base, since these economies were mainly monocrop economies. This term not only refers to the dependence on sugar and bananas, it also characterizes the dependence on tourism or the oil industry. Lewis therefore proposed the strategy to invite foreign investment as a way to stimulate growth, not only in industry but also agriculture, and therefore to reduce the dependency on the export sector.He reasoned that the British West Indies had a great abundance of unskilled labour in agriculture and amongst the unemployed. These countries did not have much capital. Thus multinational corporations (MNCs) with millions of dollars at their disposal were to be invited to the British West Indies w here they could earn huge profits by employing cheap surplus labour from agriculture. They would also benefit from tax holidays for the first five or ten years of their operations, and other concessions such as subsidies.In other words incentives would be offered to encourage these corporations to invest . Caribbean governments popularly adopted this policy in the 1960s. Several foreign based companies that are established today in the Caribbean are the result of Sir Lewisââ¬â¢ policy. This is most apparent in the tourist industry many foreigners have invested in hotels which employ the majority of people. Several countries within the Caribbean have attempted Sir Arthur Lewis? concept of ? Industrialisation by Invitation? with the outcomes being mixed. This meaning that it expanded direct foreign investment, injecting capital into local institutions. However, this increase in foreign investment brought about a higher dependency level on technology, raw materials and capital from abroad. Without these investments, the Caribbean would still be in a pre-industrialised state, with little growth in the economies. It has been argued that Caribbean economies have achieved a lot of growth; however without or in fact limited development.Yes, the region? s infrastructure has improved dramatically but their industries and companies are mainly foreign and therefore a substantial amount of profits made are sent abroad. Development therefore has been limited with the major organizations within the economy being foreign and not indigenous. Sir Arthur Lewis? concept of ? Industrialisation by Invitation? was not completely successful since the ? development? of the countries? economies did not reach the limits Lewis predicted.Currently the world market has a major negative effect and influence on the Caribbean economies due to the region? s dependence on foreign investments. Example of an essay on industrialization invitation theory Arthur Lewis Industrializagtion by invita tion To what extent can it be argued that Sir Arthur Lewis policy of ââ¬ËIndustrialisation by Invitationââ¬â¢ aided in the development of the B. W. I By Jennine Small. According to Nassur Mustapha development is defined as, ââ¬Ëthe progressive process of human, cultural, political, economic and social change, which shapes peopleââ¬â¢s lives. The southern countries particularly the Caribbean have been classified as developing countries, which are still somewhat dependent on the metropolis which once colonized them. Sir Arthur Lewis in the immediate post- World War II period advocated industrialization of the British West Indies, he adopted a policy called ââ¬Ë Industrialisation by Invitation. ââ¬â¢ He felt that this was a step needed to be taken for the British West Indies to develop. Sir Arthur Lewis policy aided in the development of the B. W. I but the policy itself also hindered development as well as left out major aspects of development.The Industrial Revoluti on was one of those historical events which drastically changed societies all over the world. Despite the revolution having its roots in Europe , particularly Britain it then spread to places like the U. S. A and later the Caribbean. Industrialization became the mechanism used for a society to make the transition from a traditional, labour intensive economy based on agriculture (agrarian) to a more capital- intensive economy based on manufacturing by machines , specialized labour and Industrial factories.Sir Arthur Lewis recognized the importance of Industrialisation but realized that the British West Indies could not do it on their own, they would need financial aid, in the form of investments which could stimulate Industrialisation. After Lewis studied the system known as Operation Bootstrap (policy of deliberately inviting foreign direct investors) in Puerto Rico, he set out to adopt and implement similar in the British West Indies.The economies of the British Caribbean were main ly agricultural and there was a need to stimulate industrial growth and trade in manufactured goods, to diversify the economic base, since these economies were mainly monocrop economies. This term not only refers to the dependence on sugar and bananas, it also characterizes the dependence on tourism or the oil industry. Lewis therefore proposed the strategy to invite foreign investment as a way to stimulate growth, not only in industry but also agriculture, and therefore to reduce the dependency on the export sector.He reasoned that the British West Indies had a great abundance of unskilled labour in agriculture and amongst the unemployed. These countries did not have much capital. Thus multinational corporations (MNCs) with millions of dollars at their disposal were to be invited to the British West Indies where they could earn huge profits by employing cheap surplus labour from agriculture. They would also benefit from tax holidays for the first five or ten years of their operatio ns, and other concessions such as subsidies.In other words incentives would be offered to encourage these corporations to invest . Caribbean governments popularly adopted this policy in the 1960s. Several foreign based companies that are established today in the Caribbean are the result of Sir Lewisââ¬â¢ policy. This is most apparent in the tourist industry many foreigners have invested in hotels which employ the majority of people. In Antigua for example, 50% of the population is employed in the tourism industry.In addition to this, infrastructure such as roads and transportation has been developed by governments to complement these businesses. Foreign investors have introduced the latest technologies and influenced the improvement of public services. On the contrary, the policy is very much economically based , its aim is for countries to achieve economic growth. However development also includes other aspects, there is no indication on how foreign investers may positively impa ct the quality of life , welfare or education.Therefore this policy cannot be seen as aiding development in the British West Indies as a whole , as the policy was based primarily on the stimulation of economic growth. In addition, most of the money earned by these investors have been repatriated to their home countries thus money is not invested in the economy, this is a grave issue with serious implications for the tourism industry. The policy eventually failed in the British West Indies, mainly because the Caribbean governments invited the MNCs but did not control them.When the initial period of the tax-free holidays were up they ââ¬Ëclosed up shop' and moved on. They were mainly capital-intensive industries, virtually no provisions were made for training citizens to organize and run similar plants, such as the assembly of motor vehicles and small appliances. Hence no sustainable development. Neo-marxists who came up with the dependency theory, also initially developed their th eory in Latin America. Andre Gunder Frank and Samir Amin were the two theorists associated with this school of thought .Both argued that the third world countries are classified as the Peripheries and the Western/ Industrialised capitalist countries are the core. The former being largely dependent on the latter. The development of the core countries caused the underdevelopment of the periphery since economic surplus was transferred from the latter to the former for expansion purposes. These sociologists recommended that the peripheries need to break the link between them and the core in order to be self- sufficient and independent.Therefore the MNCs can be seen as detrimental according to this perspective dependence is an undesired state and situation . It only causes, injustice, unfairness and exploitation. Following from the dependency theory, we can assert that foreign companies therefore would not be aiding development but hindering it for their metropolis benefit. They would en courage the mindset of preference for foreign goods thus maintaining dependence.It can be seen that the Industrialisation by Invitiation policy is indeed a controversial one when considering whether it has aided development in the Caribbean. There is no doubt that MNCs are an important means to economic development. However in order for a country to develop, the country must have control of its own businesses and resources, move away from traditional economic models that make them dependent on foreigners and also perpetuate the legacy of colonialism in how the Caribbean economy is structured.Grade Profile Knowledge & Understanding ââ¬â 7/10 Interpretation & Analysis ââ¬â 7 /10 Synthesis & Evaluation ââ¬â 7/10 The student demonstrates a very good understanding of the subject matter under examination. Interpreted and evaluated the question well. Student should have named some Companies or a company that emerged as a result of IbyI in their territory and explain the advanta ges and disadvantges of the policy using the ââ¬Ëlive' example as the base. Altogether however this was a good
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