Advantages And Disadvantages Of A Corporation Diversifying Essay

Advantages And Disadvantages Of A Corporation Diversifying Internationally - Essay Example Diversification may be used to refer to the variation between businesses within a company. This variation may be by products and/ or services. Diversification meaning varies across businesses, as what stands as diversification in one organization may not have significance in another. Thus, the definition of diversification is subjective. Nonetheless, business diversification may be in the dimension of cost leadership, production of commodity products, new product development, market leadership, strong brand names, high value added products, niche markets served, customers shared, advertisement emphasis, customer service emphasis and product design. Other dimensions may be emphasis on research and development, raw materials used, quality emphasis, distribution networks, company size. International diversification entails diversifying an investment portfolio across diverse geographic regions in order to lessen the overall peril and enhance returns on the portfolio. Corporations embrace international diversification by locating their operations in diverse nations and regions so as to reduce operational and business peril. There are three types of international diversification that is, related diversification, unrelated diversification and single product strategy. ... pany level tactic founded on a multibusiness model with the aim of increasing profitability through the use of common organizational capabilities to augment the performance of all the company’s business units. Firms that pursue this mode of diversification strategy are referred to as conglomerates, implying business organizations that function in numerous diverse industries. Advantages of international diversification Diversification and profit stability The assertions associating diversification on profit stability revolve around the portfolio concept, which holds that investing in diversified stock with non related profits may lower the precariousness of a corporation’s total gains. The idea of portfolio relates to product diversification, which may lower the variance of a company’s total profits. The reason is that the unpredictability of various profit schemes merged is nearly always less than the unpredictability of every profit stream independently, on cond ition that the profit streams are negatively related. Researches establish that product diversifiers actually enjoy higher profits than non diversifiers. The degree of risk reduction through unrelated diversification may exceed that which may be attained through related diversification. The reason is that unrelated diversification could lower industry specific systematic risk because it entails diversification across numerous industries. On the other hand, related diversification may not lower industry specific systematic risk happening within an industry. Industry specific systematic risks are the risks universal to all businesses in a certain industry (Kim, Hwang & Burgers, 1989, p 47). Rugman observed the same view, that geographical diversification through direct overseas investments evens out a

Public Law exam question Essay Example | Topics and Well Written Essays - 750 words

Public Law exam question - Essay Example Its is been examined and argued that existing constitution of UK is loose assemblage of defining conventions and institutions and concluded that it lacks the checks and balances needed to make it a democratic system of governance. By contrast, in the Westminster tradition, which originated in England, the uncodified constitution contains written sources but also unwritten constitutional conventions, precedents, royal prerogatives and custom collectively constituted the British constitutional law. In the days of the British Empire the Judicial Committee of the Privy Council acted as the constitutional court for many of the British colonies such as Canada and Australia, which had federal constitutions. I completely agree with the author that Conversely, the British constitution is, in practice, becoming more written and more legally codified, mainly because of the growing quantity and impact of EU laws and regulations, which take legal precedence over all other sources of the constitution; and also because of the large number of constitutional reforms introduced by statute since 1997 - such as devolution, reform of the Lords and the Human Rights Act. This trend will continue. Again, in practice rather than theory, the British constitution is gradually becoming more rigi... itten and more legally codified, mainly because of the growing quantity and impact of EU laws and regulations, which take legal precedence over all other sources of the constitution; and also because of the large number of constitutional reforms introduced by statute since 1997 - such as devolution, reform of the Lords and the Human Rights Act. This trend will continue. Again, in practice rather than theory, the British constitution is gradually becoming more rigid as the principle becomes increasingly accepted and expected that referenda should be held on issues of major constitutional change such as electoral reform, devolution and joining the euro. Although such referenda in the UK are invariably merely 'advisory' to maintain the semblance of parliamentary sovereignty, no government could, in reality, ignore a referendum result. Instead it can, of course, choose not to hold a referendum, as Labour has done since 1997 on the question of electoral reform for Westminster (despite a manifesto promise to the contrary). The piecemeal introduction of reforms since 1997 has brought a bigger change in the mindset of the people but there is still a lot of work to be done to formally have the codified constitution in place. Charter's document calls for a written constitution, one that would put the institutions of governance into a coherent framework. And this is what the people want. State of the Nation polls has consistently revealed over more than a decade that the overwhelming majority of people in Britain want a codified constitution. It is time to help bring this about. The unitary nature of the UK is also already challenged, however, by the supranational power of the EU over Parliament; and it is likely to come under more challenge from below as the Scottish, Welsh

Proposed Sun Tracking System

Proposed Sun Tracking System Abstract Introduction The basic design of a solar thermal power generation system is as shown in the figure. In such a system, the major components are the solar energy concentrator, sterling engine and the dynamo (alternator) unit. A parabolic dish reflector acts as the concentrator in this system. To achieve a good performance from a solar thermal conversion engine, it should be exactly mounted on a place where maximum heat transfer is possible. It is the center or the focal point of the parabolic reflector surface. Then only the engine receives the maximum amount of solar thermal energy, which will be converted into kinetic energy and then to electricity. There are two possible configurations for the placement of the sterling engine depend on the surface type of the reflector. They are known as prime focus configuration and the offset focus configuration. Because of the position of the sun changes according to the rotation of earth, the parabolic surface has to be focused to the direction of the sun at all the times. The proposed solar tracking system consists of hardware and software to achieve following capabilities Localization The position of the Sun in a given time can be calculated using mathematical equations based on the time, location, altitude and few other factors. To perform such a calculation, the exact location of the device should be known. Since this device is not mounted on a mobile configuration, it is not hard to find the exact location with help of a map or a GPS device after install in the field. But it is more convenient to use an embedded GPS receiver with this system. This will eliminate the requirement of initial setup and it also capable of providing the precise UT timestamp based on the synchronized satellite clocks. It makes this device a location independent and time independent high precision solar tracking mechanism. NREL Solar position algorithm (SPA) Several methods and algorithms to calculate the position of the sun has been published in the literature of the solar research, but most of them were not precise enough because their uncertainties have been greater than  ± 0.01. Reda and Andreas implemented a new algorithm which is capable of estimate the position of the sun with uncertainties of  ±0.0003 and well known as solar position algorithm (SPA) by National Renewable Energy Laboratory (NREL). Feedback loop mechanism MPU 9250 IMU In this solar tracking system, orientation of the reflector surface is precisely controlled and maintained by a closed loop control system. Therefore this system should consist of a feedback mechanism to obtain the current orientation of the reflector as the feedback input of the control loop. There are several methods to fulfil this requirement. For example, a read reckoning based method such as a rotary encoder with a known reference point can be used per each axis. But since it increases the mechanical complexity of the system there is a very higher chance of causing mechanical failures and sensor issues. To eliminate this problems while keeping the accuracy in a higher level, a micro electro mechanical systems (MEMS) [] based implementation is suggested. Among the advantages of this kind of devices less power usage, high accuracy, fast response, less complexity and the minimal space requirement are mostly highlighted in this application. Inertia Measuring Units (IMU) are very popular in the fields of mobile devices, game controllers, drone flight control systems and self-balancing toys because they provide the angular position coordinates (Yaw Pitch and Roll) in a very higher sample rates. They are also accurate enough to balance and guide a wireless controlled drone in a very high level of accuracy even in the industrial electromagnetic noise and interference. This devices are normally consist of a gyroscope, and accelerometer and a magnetic compass. To ensure the maximum accuracy in all directions, it is recommended to use 3 axis devices. Theoretically we can say that with the only help of a gyroscope, it is possible to calculate the angular orientation in Euler coordinates, but the problem of using a single device is it may generate very much of error when continuously using in long time periods. It is commonly known as the gyroscope drift. This can be compensated by using a secondary device which corrects the dri ft and it is the accelerometer. This combined sensor based approach is commonly described as sensor fusion. There are several sensor fusion algorithms available in the industry such as Karlmann filter and the complementary filter. In this research, Karlmann filter based algorithm has been used. With the both accelerometer and the gyroscope sensors, now we can accurately calculate the Euler angles of the reflector when the IMU is placed near the focus point of the Parabola. The offset values can be preconfigured to match the exact difference between the sensor position and the focal point. But we need one more reference point to convert this coordinates into altitude and azimuth vectors. It is the north direction and can use a magnetic compass to obtain this parameter. But it also need a very much higher level of calibrations due to the magnetic field variations depend on the situations and the locations. In this research, the nine axis MPU 9250 has used. It is an integrated chip with 3 axis MEMS gyroscope, 3 axis MEMS accelerometer and a 3 axis magnetic compass. It has a 16bit RAW data outputs on each axis and therefore a very high accuracy is obtained.

Learning Community Essay

Nowadays the popularity of online learning is swiftly increasing and more students prefer distance learning to traditional as it offers certain benefits. Walden University offers students opportunities to receive highly-qualified education and to save time on other important things as job, families, etc. What is Walden University? Walden University is an accredited institution which provides engaging learning experience both for professionals and non-professionals. The mission of the University learning community is to attract extraordinary students and to make positive social impact. Learning Community is represented by diverse and vibrant faculty and dedicated students. Faculty members are able to enrich online learning community offering wide range of experiential and educational backgrounds. All members are gifted mentors and highly-talented teachers who are fully committed to University’s core values and mission – to provide educational accesses, social change and professional excellence. Moreover, members of learning community teach the values of integrity and quality. Students of learning community are mid-career professionals who are willing to gain professional achievement and to remain dedicated to lifelong learning. All students are allowed to exchange their ideas and to share diverse perspectives with other faculty members, as well as with fellow students nationwide. It becomes apparent that relationships within community are professional and, at the same time, friendly-oriented. Further, faculty and staff at Walden University will help to balance education with professional and personal commitments. Essential resources are available for mastering skills: Writing Center, world-class library, tutoring, etc. Scholar-practitioners develop all degree programs and they continually visit courses to make sure they possess all modern updates relevant to profession chosen. Learning community offers also international perspective. Every student becomes a member of international community with more than 270,000 members online. More than 50 campuses are in 16 countries. Every student may enter the Laureate International Network and to be provided with excellent opportunity to expand international viewpoint and to apply obtained knowledge to professional life. The most important moment to admit is that Walden University learning community strongly believes that knowledge is the most valuable as it is the most effective way work for greater good. In other words, Walden University calls for social changes. Students and faculty members are willing to improve social and human conditions. They create ideas how to promote individual development, as well as development of organizations, communities and society as a whole. The goal of learning community is to help students to become scholar-practitioners and to conduct scholarly researches in the chosen field. The mission is to provide diverse learning community with friendly-oriented relations and with the opportunity to become scholar-practitioners. It is necessary to underline that learning community of Walden University has influenced both my professional life and the life of the whole society as Walden University promotes the values of knowledge, integrity, quality, honesty and fairness which are the most important in contemporary world. I can apply knowledge not only to critical societal challenges, but also to advance the greater good and social relations. I really appreciate the Walden University offers entirely online courses as it offers certain benefits for me. To be a member of society means being concerned with everyday human relations, emotions and interpersonal skills and Walden learning community gives such a chance. Financial benefits of online courses are ability to save money spent on housing, transportation and food and ability to keep part-time as well as full-time job at the same time. Walden University gives and excellent opportunity to be involved into interactive teamwork between students’ groups i. e. ability to correspond with other students from different parts of the world. Walden University offers modern way of learning which gives an opportunity to master skills and to save time on family, friends and job. References Online Degree: About Walden University. Retrieved June 10, 2008, from http://info. waldenu. edu/aboutwalden. php Walden University: Official Website. Retrieved June 10, 2008, from http://www. waldenu. edu/ Walden University: Online Degree Programs. Retrieved June 10, 2008, from http://www. worldwidelearn. com/waldenu/index. php

Company’s Marketing Strategy

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After the September 11th terrorist attack on the World...

After the September 11th terrorist attack on the World Trade Centre by the Islamic radical group al-Qaeda and the 2001 Anthrax attacks on two senators and several news media offices, congress rushed to pass the USA Patriot Act, which roughly is an Act to deter and punish acts of terrorism in the United States and around the world, to enhance law enforcement investigatory tools, and for other purposes. After these unrelated terrorist attacks happened within weeks of each other congress knew reform legislature was needed. Many Historians such as Brett Rubio believe that the USA Patriot Act infringed upon American’s civil liberties while the U.S. Government more specifically the Justice Department believed it was necessary course of action†¦show more content†¦The act also gives federal judges the authority to issue search warrants that are valid in the judge’s district as well as outside the judge’s jurisdiction. Before the Patriot Act, if an agent wante d to search a suspect’s email, he or she had to get a separate warrant in each district the subject’s Internet Service Provider (ISP) appeared in in order to search the suspect’s email. As the FBI Director continued in his speech to congress â€Å"this frustrating and time-consuming process can be averted without reducing judicial oversight.†(FOOTNOTE 1) The time that used to be spent seeking multiple warrant for each district is now being used more productively to investigate terrorists, and preventing attacks from happening. Thirdly the Patriot Act has allowed the Department of Justice agencies able to fight a 21st century battle against terrorism with 21st century tools. The Patriot Act approves the usage of roving wiretaps, court ordered pen registers, and trap and trace devices to track internet communications to name a few. Focusing on the roving wiretaps Mueller said, â€Å"it is standard operating procedure for terrorists to rapidly change locat ions and switch cell phones to evade surveillance.† (FOOTNOTE 1). The roving wiretap allows to agents to track terrorists through several phones even if they are constantly changing to avoid beingShow MoreRelatedInternational Terrorism - the Worlds Greatest Challenge Today?680 Words   |  3 PagesToday Today the threat of terrorism is becoming more and more serious. Terrorism is considered the greatest threat against the safety of the world, and especially the USA, today. The extent of the terrorism has increased significantly over the last couple of years, since the terrorist attacks against the US on the 11th of September 2001. After these attacks former president of the US, George Bush declared a war against terrorism. There are various opinions about what can be defined as terrorismRead MoreI Had Just Arrived From School With My Siblings And Mother1726 Words   |  7 PagesI had just arrived from school with my siblings and mother when we heard that of the attack on September 11th, 2001. My dad had been in the country for quite a few years and so we all started panicking. Though very young at that time, I still remember the panic and fear that gripped people in Takoradi, Ghana. Though very distant from the United States, due to the interconnectedness via our family members being there, the whole country was in shock with many praying for the safety of their membersRead MoreThe Bombing Of The World Trade Center1947 Words   |  8 Pagesmedia to depict Soviet and Middle Eastern people as foreign enemies that posed a threat to U.S. national security. The bombing of the World Trade Center on September 11th, 2001 changed the lives of millions of Muslims forever because they began to be targeted by U. S. media corporations. Media corporations started to depict Muslims in the Middle East as terrorists to persuade the American public to wage the War on Terror in the Middle East in order to stop the spread of terrorism and homeland threatsRead MoreThe Movement s Ideology And The Way It Understands Its Role3752 Words   |  16 Pagesunderstands its role. Terrorism occurs when a group or an individual, uses the combination of violence and fear to enforce, political, religious or financial goals. Al Qaeda is a terrorist organisation which, emerged in the late 20th century. To understand the organisation’s motivation, it is important to explore their ideology and their portrayal within the organisation and the outside world. The formation of Al- Qaida is believed to have occurred after the Soviet –Afghan wars (1979-1989) (MI5).TheRead MoreIslam Is Based On Three Basic Fundamentals2746 Words   |  11 Pagesand his good inheritors to the visionary assignment. There are basically five pillars on which the basic acts of the Islam are based and these are regarded as the fundamental tenets by the believers of the Islam and have laid the foundation of the Islamic life. These pillars are summarised in the very famous Hadith of Gabriel. These pillars are conducting Muslim life, performing the ritual prayer, having the regard and sympathy for the underprivileged, spirituality and purity and performing the pilgrimageRead MoreEssay on The Iraq War2167 Words   |  9 PagesIranian territory on 22 September 1980 following a long history of border disputes, and fears of Shia insurgency among Iraqs long-suppressed Shia majority influenced by the Iranian Revolution. (Wikipedia, Iran–Iraq War, 2011). This war had at least a million and half casualties and it severely damaged both their economies, the Iran-Iraq war conflict is often compared to World War I due to the tactics used in the war. The Iran-Iraq war was one of the deadliest wars since Wo rld War II, the reason isRead MoreTerrorism in India4478 Words   |  18 Pageswas the Zealots of Judea. The Assassins were the next group to show recognizable characteristics of terrorism, as we know today. Though both Zealots and Assassins operated in antiquity, they are relevant today as forerunners of modern terrorists in aspect of motivation, organisation, targeting and goal and although both were ultimate failures still they are remembered hundreds of years later. Terrorism has today become the latest threat to world peace and particularly to Indian’s national securityRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesTiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesOrganizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making 165 Motivation Concepts 201 Motivation: From Concepts to Applications 239 3 The Group 9 10 11 12 13 14 15 Foundations of Group Behavior 271 Understanding Work Teams 307 Communication 335 Leadership 367 Power and Politics 411 Conflict and Negotiation 445 Foundations of Organization Structure 479 v vi BRIEF CONTENTS 4 The Organization System

The Case Study Of Ballet Philippines - 1307 Words

Problem Statement The Ballet Philippines gets its funds from two major sources: ticket-selling and subscription packages or sponsorships. However, the revenues it obtains from these sources are not sufficient to support the expenses of the company. The expenses involved in ballet are quite high. These include the costs of costumes, shoes, tours, performances, training, and artists compensation. The hard truth is that Ballet Philippines is not financially sustainable. The root of this problem could be traced to the revenue-generating activities of Ballet Philippines. The proceeds from the ticket sales are negligible. The audience in a show is mostly composed of the friends and relatives of the performers whose tickets are only†¦show more content†¦The company without the proper financial stability cannot work towards improving its dance form because it is too busy finding money for the business. Artists are Not Motivated. Another weakness is the low motivation of the companies employees. This is probably because of the low compensation for the ballerinas and other company workers. Another reason is the rarity of promotion in the company because of the few positions available. With few positions in the company, the only way an employee can get promoted is if the current one in the position resigns or retires. This is a weakness because employees with low motivation lack the energy to push the company to growth or even sustain the company s status quo. Low motivation can also show in their shows since dance is about form and emotion. This can affect the quality of their performance in the long run. High Cost of Sustaining Ballet Activities. The very cause of the need for more financing is the high cost of the companies activities. From employees salaries to ballet shoes, there are many costs that are not avoidable for the business to continue and this becomes the company s regular expenses. In the financial planning of this company, it will be a challenge to match these costs to proper financing to ensure that enough cash flow will support the business. OPPORTUNITIES Trends in the DanceShow MoreRelatedFolk Dances: the Lost Prestige of Philippine Culture6862 Words   |  28 PagesLost Prestige of Philippine Culture Cymond Calalo, Margot Lobendino, and Ollie Magsino De La Salle Lipa Integrated School Author’s Note Cymond Calalo English 10 De La Salle Lipa – Integrated School, Margot Lobendino English 10 De La Salle Lipa – Integrated School, Ollie Magsino English 10 De La Salle Lipa – Integrated School. Correspondence concerning this research should be addressed to Ollie Magsino, De La Salle Lipa – Integrated School, Lipa City, Philippines 4217. E-mail:Read MoreHigh Attrition Rate at Call Center Industry: an Hr Managers View2236 Words   |  9 PagesEmployment Blawg†¦ A work in progress, June 1, 2010, Philippine Labor Laws, http://www.laborlaw.usc-law.org, viewed: August 22, 2012). Aside from giving benefits mandate by law, there are other benefits that an industry can offer to reduce their turnover rate. Our study will focus on how an industry uses its turnover rate in making decisions to improve their benefits program. The researchers have chosen the call center industries in the Philippines to best suit their subject matter about employeeRead MoreTop 10 Countries Where You Can Get A Mail Order Bride2024 Words   |  9 PagesTop 10 countries where you can get a mail-order bride Ever since the dawn of the internet people have found ingenious ways of using it to solve innumerable modern-day problems, and the case is no different for love and relationships. Given the turbulent state of world economies, social pressures and busy work schedules, finding a bride can easily become a complicated affair for many men, and this is where mail-order bride services come in. They offer lonely men, with a fair bit of cash, the opportunityRead MoreThesis: Tourism and Rizal Park7777 Words   |  32 Pages The Park is considered as the favorite place of tourists both local and foreign to stroll around. This park is truly a sanctuary of all people in different walks of life (National Parks Development Brochure). Background of the Study It has been said that the Philippine tourism industry is in a state of transition, a slow yet remarkable process of changing landscape. 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HOW IMPORTANT IS HUMANITIES †¢ The fields of knowledge and study falling under humanities are dedicated to the pursuit of discovering and understanding the nature of man. †¢ The humanities deal with man as a being of purpose, of values, loves, hates, ideas and sometimes as seer or prophet with divine inspirationRead MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagesin the Semiotics of the Cinema, 92 Problems of Denotation in the Fiction Film, 108 III Syntagmatic Analysis of the Image Track Chapter 6. Outline of the Autonomous Segments in Jacques Rozier s film Adieu Philippine, 149 Chapter 7. Syntagmatic Study of Jacques Rozier s Film Adieu Philippine, 177 vii viii CONTENTS IV The Modern Cinema: Some Theoretical Problems Chapter 8. The Modern Cinema and Narrativity, 185 Chapter 9. Mirror Construction in Fellini s 8 1/2, 228 Chapter 10. The SayingRead MorePhysical Fitness7979 Words   |  32 Pagesbit about the Native American cultures of the Northeast and Eastern Canada, where lacrosse originated. Teaching non-traditional (or non-native) sports provides a great opportunity to integrate academic concepts from other subjects as well (social studies from the example above), which may now be required of many P.E. teachers. The four aspects of P.E. are physical, mental, social, and emotional. Another trend is the incorporation of Health and Nutrition to the physical education curriculum. The ChildRead MoreAmerican Holidays11778 Words   |  48 Pagesto do. . . . make you laugh. Ed: Serious times, Linda Linda: Uh-huh! All the more reason. Charlie Chaplin says a day without laughter is the day wasted. Ed: You believe that? Linda: Yeah! I try to laugh . . . once a day . . . just in case. Do you like Charlie Chaplin? Ed: To be quite honest I have never seen him. Linda: You’re kidding. Ed: No! Linda: So what are you doing tonight? (Laughs) Ed: Tonight? I have tickets for the opera. Script of Clip7 (Music;