Outsourcing Of Manufacturing Activities Positive And...

MBA 542 SEMINAR IN GLOBAL BUSINESS Outsourcing of Manufacturing Activities: Positive and Negative Economic and Social Impacts Laura Caiafa 06/21/16 [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] Table of Contents Introduction 2 Analysis 3 Economic Impacts 3 Social Impacts 8 Conclusion 10 References 11 Introduction For United States businesses, there are several advantages and disadvantages of outsourcing US manufacturing activities to other countries. Some of these advantages include lower labor costs, fewer regulations,†¦show more content†¦(Ashe-Edmunds, 2016) (Mattern, 2007) These disadvantages negatively affect the U.S. economy by an increasing rate of job loss for blue-collar American workers, unfair wage competition, and quality products getting replaced by low quality consumer goods. Some negative social impacts of outsourcing include exploitation of labor and pollution. Though there are many advantages for U.S. Businesses, having analyzed the economic and social impacts on individuals living in the United States, I am not in favor of outsourcing manufacturing activities to other countries. The most critical impact in my opinion is the increasing loss of jobs for United States workers due to outsourcing of manufacturing activities. Analysis: Economic Impacts U.S. businesses can benefit by outsourcing manufacturing efforts. One major advantage is significantly lowering labor costs. This includes cost of salaries, wages, and employee benefits such as health insurance and retirement packages. (Ashe-Edmunds, 2016) â€Å"The average hourly wage for Chinese manufacturing workers is less than a tenth of their average U.S. counterparts, according to the Bureau of Labor Statistics† (Borren, 2014). These savings are astronomical for businesses and can be spent elsewhere. Other advantages include fewer regulations such as labor conditions and waste disposal,

Measuring Earthquake Magnitudes

These days, an earthquake happens and right away it is on the news, including its magnitude. Instant earthquake magnitudes seem as routine an achievement as reporting the temperature, but theyre the fruit of generations of scientific work. Why Earthquakes Are Hard to Measure Earthquakes are very hard to measure on a standard scale of size. The problem is like finding one number for the quality of a baseball pitcher. You can start with the pitchers win-loss record, but there are more things to consider: earned-run average, strikeouts and walks, career longevity and so on. Baseball statisticians tinker with indexes that weigh these factors (for more, visit the About Baseball Guide). Earthquakes are easily as complicated as pitchers. They are fast or slow. Some are gentle, others are violent. Theyre even right-handed or left-handed. They are oriented different ways—horizontal, vertical, or in between (see Faults in a Nutshell). They occur in different geologic settings, deep within continents or out in the ocean. Yet somehow we want a single meaningful number for ranking the worlds earthquakes. The goal has always been to figure out the total amount of energy a quake releases, because that tells us profound things about the dynamics of the Earths interior. Richters First Scale The pioneering seismologist Charles Richter started in the 1930s by simplifying everything he could think of. He chose one standard instrument, a Wood-Anderson seismograph, used only nearby earthquakes in Southern California, and took only one piece of data—the distance A in millimeters that the seismograph needle moved. He worked up a simple adjustment factor B to allow for near versus distant quakes, and that was the first Richter scale of local magnitude ML: ML log A B A graphical version of his scale is reproduced on the Caltech archives site. Youll notice that ML really measures the size of earthquake waves, not an earthquakes total energy, but it was a start. This scale worked fairly well as far as it went, which was for small and moderate earthquakes in Southern California. Over the next 20 years Richter and many other workers extended the scale to newer seismometers, different regions, and different kinds of seismic waves. Later Richter Scales Soon enough Richters original scale was abandoned, but the public and the press still use the phrase Richter magnitude. Seismologists used to mind, but not any more. Today seismic events may be measured based on body waves or surface waves (these are explained in Earthquakes in a Nutshell). The formulas differ but they yield the same numbers for moderate earthquakes. Body-wave magnitude is mb log(A/T) Q(D,h) where A is the ground motion (in microns), T is the waves period (in seconds), and Q(D,h) is a correction factor that depends on distance to the quakes epicenter D (in degrees) and focal depth h (in kilometers). Surface-wave magnitude is Ms log(A/T) 1.66 logD 3.30 mb uses relatively short seismic waves with a 1-second period, so to it every quake source that is larger than a few wavelengths looks the same. That corresponds to a magnitude of about 6.5. Ms uses 20-second waves and can handle larger sources, but it too saturates around magnitude 8. Thats OK for most purposes because magnitude-8 or great events happen only about once a year on average for the whole planet. But within their limits, these two scales are a reliable gauge of the actual energy that earthquakes release. The biggest earthquake whose magnitude we know was in 1960, in the Pacific right off central Chile on May 22. Back then, it was said to be magnitude 8.5, but today we say it was 9.5. What happened in the meantime was that Tom Hanks and Hiroo Kanamori came up with a better magnitude scale in 1979. This moment magnitude, Mw, is not based on seismometer readings at all but on the total energy released in a quake, the seismic moment Mo (in dyne-centimeters): Mw 2/3 log(Mo) - 10.7 This scale therefore does not saturate. Moment magnitude can match anything the Earth can throw at us. The formula for Mw is such that below magnitude 8 it matches Ms and below magnitude 6 it matches mb, which is close enough to Richters old ML. So keep calling it the Richter scale if you like—its the scale Richter would have made if he could. The U.S. Geological Surveys Henry Spall interviewed Charles Richter in 1980 about his scale. It makes  lively reading. PS: Earthquakes on Earth simply cant get bigger than around Mw 9.5. A piece of rock can store up only so much strain energy before it ruptures, so the size of a quake depends strictly on how much rock—how many kilometers of fault length—can rupture at once. The Chile Trench, where the 1960 quake occurred, is the longest straight fault in the world. The only way to get more energy is with giant landslides or asteroid impacts.

Schrenker Faked Death to Escape Financial Trouble

Wealthy business owner and money manager Marcus Schrenker made headlines in January 2009, when he attempted to escape the consequences of frauding investors by parachuting out of his small one-engine prop plane in an attempt to fake his death. At one time, Marcus Schrenker had everything. He owned three investment consulting firms, lived with his wife and children in the exclusive Indianapolis suburb of Geist, in a $3 million dollar waterfront home that had a dock and a large swimming pool. Flying was a hobby of his and he owned two aircraft which he used to go on lavish vacations. But in January 2009, it all came crashing down. Idyllic Life on the Outside Marcus Schrenker was born on November 22, 1970.   He grew up in Merrillville, Indiana which is located in the Chicago metropolitan area. In 1989 Schrenker graduated from Merrillville High School, and then went to college at Purdue University. It was at Purdue that he met (former wife) Michelle, married and together they had three children together. As idyllic as the Schrenkers life appeared, there was also a dark side that those who lived with Marcus or around him were very aware of to the point of feeling discomfort when he was around. Schrenker would go from being friendly and charismatic to angry, unreasonable and combative. And, according to his neighbor Tom Britt in an interview with abcnews.go.com, episodes of this type of erratic behavior became more frequent as he grew older. Diagnosed with bipolar disorder, Schrenker did what many with this disorder do, he would often stop taking his medication, and Michelle, their children, and investors would end up paying the price. Savvy Financial Investor Turned Crook Schrenker owned three financial companies: Heritage Wealth Management, Heritage Insurance Services, and Icon Wealth Management.   His wife Michelle was paid $11,600 as the chief financial officer of the three companies and bookkeeper. She was also on the bank account of Heritage Insurance Services, which gave her the authority to write checks and withdraw money. But in 2008 Schrenker was under investigation in Indiana after several complaints were lodged by some of his investors, upset with how he was handling their money. Friends, the parents of friends and neighbors were among the investors that filed complaints. Michelle had also filed for divorce on December 20, 2008, after learning of her husbands infidelities with a woman who worked at the airport. Investors Supported Lavish Lifestyle Unknown to Schrenker, he had been under investigation for 10 years for various lawsuits that had been filed against him. Then on December 31, 2008, state investigators armed with a search warrant, seized computers, several plastic tubs filled with paperwork, the Schrenkers passports, over $6,000 in cash, and the title to a Lexus, from the Schrenkers home. On January 6, 2009, Schrenker was charged with unlawful acts by a compensated adviser and unlawful transaction by an investment adviser. Bail was set at $4 million.   According to Jim Atterholt, who was the State Insurance Commissioner, Schrenker charged investors exorbitant surrender charges after he moved them out of one annuity and into another. The investors were not told in advance about the fees.   Three days later, on January 9, Schrenkers company Heritage Wealth Management Inc. was issued a $533,500 judgment after a federal court in Maryland ruled in favor of OM Financial Life Insurance Co. The lawsuit contended that Heritage Wealth Management was involved in insurance irregularities and should have returned commissions of more than $230,000. Plane Crash   On Sunday, January 11, 2009, Schrenker flew off from an airfield in Anderson, Indiana in his single-engine Piper. He listed his destination as Destin, Florida. As he neared Birmingham, Alabama, he put out a fake mayday signal and told air traffic controllers that he had been badly injured and was bleeding profusely after the windshield of the plane imploded.Afterward, he put the plane on autopilot and parachuted out. Military jets attempting to intercept the plane reported that the door of the plane was opened, and the cockpit was dark and appeared empty. The jets followed the unmanned plane which crashed over 200 miles later in a swamp in Santa Rosa County, Florida, around 50 yards from a residential area.   After the crash, the plane was found somewhat intact. Investigators searched the plane and reported that there was no blood inside of it and the windshield was completely intact. Authorities put out a warrant for Schrenker arrest. On the Run Schrenker plan was to fake his death and make a run for it. On January 10, the day before he parachuted out of his plane, he drove to Harpersville, Alabama and stashed a motorcycle, money and other supplies in a storage facility. He informed the owner of the facility that he would return Monday. Once Schrenker parachuted to the ground, he made it to Childersburg, Alabama, where at 2:30 a.m. he asked for help from a private resident. He told the resident that he had been in a canoeing accident. He was given a ride to the nearest town and went to the local police station.   He gave the police the same story about being in a canoe accident, and after producing his (surprisingly) real identification, the police drove him to a hotel where he registered under a fake name and paid cash for the room. The following morning, after hearing about the plane crash and that Schrenker was on the run, the police returned to the hotel, but he was gone. Schrenker managed to walk undetected to Harpersville and retrieved his motorcycle then rode it a KOA Campground in Quincy, Florida. There he bought a tent site for one night, wood, a six-pack of Bud Light Lime and was given access to the campgrounds wireless access. Embarrassed and Scared On January 12, Schrenker emailed his friend, Tom Britt, and wrote that the crash was a misunderstanding and that he was too embarrassed and scared to return home, so instead checked into the hotel. He went on to say that he would soon be dead.   On the same day, a Hamilton County Superior Court judge froze both Marcus and Michelles assets. Capture The campground owners were contacted by the sheriff, who wanted to know if there was anything unusual going on there. They told the sheriff about the man who had checked in the previous day but had not checked out.  Soon afterward, U.S. marshals swarmed the campground and found Schrenker, barely conscious and incoherent, lying inside the tent. He had lost a lot of blood from a self-inflicted cut on his wrist and an area near his elbow. He was flown to Tallahassee Memorial Hospital. On January 13, Schrenker was arrested and charged in federal court in Pensacola, Florida, with deliberately crashing his plane and making a fake distress call.   Trials and Sentencing February 5, 2009A man in Dothan, Alabama was granted $12 million after an Alabama judge ruled in his favor that Schrenker had sold him a defective airplane. June 5, 2009  Schrenker pleaded guilty to intentionally crashing his plane as a way to escape his mounting financial and legal problems. He was sentenced two months later to four years and three months in prison, $34,000 in restitution to the Coast Guard for its search and rescue efforts and $871,000 in restitution to Harley-Davidson, the lienholder of the plane. Schrenker later pleaded guilty to three counts of securities fraud and two counts of working as an investment banker without being registered. He was given a 10-year prison sentence to run consecutively with the previous sentence for the fake plane crash, and he also had to pay $633,781 in restitution. Six Years Later Schrenker was released from prison on September 18, 2015.

Kate Chopin And The Producers Of Mandingo - 892 Words

Social customs are what shape’s a culture, and establishes the attitude and behavior expected by the community, deviation from the norm creates what can later be known as a taboo. Kate Chopin and the producers of Mandingo decided to break the taboo of miscegenation and address the problem honestly in both the story and the film. By doing so, I had an insight to better understand the complexities of racial equality, history, gender, status and not delude myself into thinking these issues are not expressed in present time. Furthermore, my approach in this essay is to juxtapose between the movie and story and discuss themes, female protagonists and social issues that have occurred. To commence, Chopin’s depiction on miscegenation is fairly similar to that of Mandingo, both the film and the story emphasize on gender, status, as well as power in order to better understand the gravity of the inequality shown. The white man represents supremacy, he could act as he pleased, consequently many white masters would prey on the slave women and conduct in sexual intercourse. In addition, many babies were born mixed, children born from the affair were overlooked, treated as cattle ready to be sold or worked. For example, in Mandingo when Hammond and Dite were together in his bedroom, Dite voiced her concern on her expected child being sold from her; having no remorse, Hammond expressed his carelessness and believed it was best to sell the â€Å"sucker† (Perry King). Similarly to Hammond, Armand

My Sisters Keeper Summary - 995 Words

My Sisters Keeper tells the story of 13-year-old Anna, who litigates her parents for medical emancipation when she is expected to donate a kidney to her sister Kate, who is dying from leukemia. The story takes place in Providence, Rhode Island in 2004. Anna Fitzgeralds older sister, Kate, suffers from acute promyelocytic leukemia, a blood and bone marrow cancer. Anna was conceived as a savior sibling, in order to harvest blood from her umbilical cord to use in treatments to help save Kates life. Although the treatment was initially successful, Kate relapsed; ever since, Anna, the only compatible family member, has been used as a donor for any other bodily substance needed to treat Kate, who continues to swing between remission and†¦show more content†¦She was cured but had another very serious relapse when she was 5. Her kidneys are failing and her parents wanted Anna to give her a kidney but Kate told her not to, as she wanted to die. ï‚ § Taylor: Kates boyfriend. Taylor has AML and is 2 years older than Kate. They met at the hospital and went to a hospital dance together. He dies a day after the prom, leading to Kate being heartbroken. ï‚ § Jesse: Brother of Anna and Kate. He is off the rails, drinking alcohol and doing other drugs. Throughout the book, he sets fires to buildings and makes them spread fast due to the knowledge his father gave him. Brian finds out that it was Jesse starting the fires but forgives him. ï‚ § Campbell: A successful lawyer Anna hired for her case. Campbell is living with epilepsy and has a service dog, Judge, although he lies about his purpose throughout the book. He broke Julia Romanos heart in high school. ï‚ § Judge: Campbells service dog whose use is unknown throughout much of the novel. ï‚ § Suzanne (Zanne): Sister of Sara Fitzgerald, aunt of Kate, Anna, and Jesse. Zanne is wealthy and always wants to babysit the children when Kate has a relapse. She is known as a support for Sara throughout the novel. When Brian and Sara were having problems paying for Kates medical treatment, Zanne offered to help but Brian refused to accept her money. ï‚ § Dr. Chance: Kates oncologist and close friend of the family, Dr. Chance speaks in the trial and doesnt know if the kidney transplant willShow MoreRelatedMy Sisters Keeper2300 Words   |  10 PagesAn Ethical Discussion of My Sisters Keeper Trudy German Wayland Baptist University An Ethical Discussion of My Sisters Keeper Introduction and Thesis: Preimplantation Genetic Diagnosis (PGD) to provide a genetically matched donor for an older sick child and to use the organs of the younger to the medical benefit of the elder is not morally justifiable using rule utilitarian ethical theory. This principle is not justifiable due to both the nature of the proposed rule regarding PGD and, primarilyRead MorePersonal Project4460 Words   |  18 PagesAcademy Tables of Contexts Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦................†¦.. Page 3. About My Personal Project †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 3. Area Of Interaction (AOI) Used †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Page 4. Plan Layout †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Page 4. Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 5 Sources Being Used †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 6. Mind Map †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreCase Studies13817 Words   |  56 Pagesperspective. Although still skeptical, the press grudgingly conceded the argument...for the moment. When he got to the parking lot, he found that his car had been slashed. The paint job was ruined. As he drove home, he thought, These problems are not my doing. If the managers and workers had paid more attention to quality, they might not have been hit so hard by order cancellations. The layoff was going to happen the next Tuesday, and he scheduled an all-hands meeting for the remaining employees. DidRead Morewisdom,humor and faith19596 Words   |  79 Pagesfollowing lines: â€Å"More than any medication, more than any doctor’s counsel, Lincoln drew on two therapies for inspiration and succor: He read poetry, which helped him cut straight into the heart of real life. And he told jokes, which he called ‘the vents of my moods gloom.’ It’s an apt image, as humor helped keep Lincoln’s inner life in circulation, keeping him in a kind of equilibrium with the environment.†65 Sandburg provides us with an especially apt example of how Lincoln used humor to keep his mentalRead MoreProject Mgmt296381 Words   |  1186 Pagesof Business, University of Oregon. He is certified Scrum Master. v â€Å"Man’s mind, once stretched by a new idea, never regains its original dimensions.† Oliver Wendell Holmes, Jr. To my family who have always encircled me with love and encouragement—my parents (Samuel and Charlotte), my wife (Mary), my sons and their wives (Kevin and Dawn, Robert and Sally) and their children (Ryan, Carly, Connor and Lauren). C.F.G. â€Å"We must not cease from exploration and the end of all exploring will be

Eli Lilly Case free essay sample

First, at the time Eli Lilly and Ranbaxy joint forces, Indian regulations limited foreign ownership to a maximum 51 percent. Therefore, a joint venture with a local leading company was an excellent option for Eli Lilly to begin penetrating the Indian Market. Secondly, India was a sensitive market with a lot of incoming competition, lack of intellectual property and low per capita gross domestic product. For that reason, I believe that even if 100% ownership had been allowed, Eli Lilly should have still entered India as a joint venture in order to minimize risk. Eli Lilly was a recognized brand United States. However, that was not the case in India. Ranbaxy was the leader company within in India, which gave competitive advantage to the Eli Lilly Ranbaxy JV. After reviewing the case, I feel that without the facilitation of the Joint venture, Eli Lilly may not have been as successful operating in the India market. We were new and it was very difficult for us†¦Ã¢â‚¬  which heavily reflects the advantages of the joint venture with Ranbaxy. Such factors had a great influence in the success of the Eli Lilly’s company in India, which is why I believe that Eli Lilly pursued the right strategy to enter the Indian market. Question No. 2 First, the biggest achievement that Eli Lilly had in the Joint venture was the successful entry into the Indian market. Before the joint venture, Eli Lilly had direct operations in the Indian market, no distribution channels, and no name recognition. However, the joint venture gave Eli Lilly a toehold in India; it allowed the company to become a big player in pharmaceutical industry in India. Second, the joint venture allowed both companies to establish an exceptional corporate culture and a high caliber, non-unionized sales force with world-class sales process. The strong values adhered to by Eli Lilly Ranbaxy and strategic sales process is what gave them a competitive advantage among the Indian Market, doctors trusted and respected the Eli Lilly Ranbaxy products because of the associated ethical conduct of the company. Third, Eli Lilly was able establish brand recognition, which then allowed them to build regulatory a foundation in India. When Eli Lilly started operating in India, they had to use Ranbaxy’s name in order to facilitate the process, however, the joint venture gave the company the tools needed to become a trusted brand. Eli Lilly is now able to stand alone and work together with the government on regulatory issues. Fourth, Eli Lilly acquired medical infrastructure and expertise to run clinical trials to internationals standards. In 1992, before the venture was arranged, Lilly had interest in using the world for clinical testing, and it is now that it can begin moving forward faster and attempt to shape opinion with leaders in the medical field around the world.

Role Concepts in Health Care for Diversity - myassignmenthelp

Question: Discuss about theRole Concepts in Health Care for Cultural Diversity. Answer: Introduction Cultural diversity has engulfed all the aspects of life in the modern life. It is clear that the world is found on the basis of different cultures. These cultures affect how people operate ranging from their family matters to their workplaces. Cultural diversity as an existing factor epitomizes the fact that not all the people are the same rather; individuals originate from different backgrounds. These backgrounds might be associated with the ethnic origins, the regions, religious beliefs, and family ties among others (Mazur, 2010). The significance of cultures across the world and its impact on the workplaces has been evident in almost every practices carried. The dynamic associated with the cultural practices invites a deeper understanding of the different cultures and their significance. Every country has its major cultural practices. The people available make the cultural practices unique from the others. Furthermore, cultural diversity is also associated with the organizational practices in business scenarios whereby, an organization creates a set of practices which it identifies with and with which all the employees have to adhere to. It is therefore, significant to note that, cultural diversity at work places may be expressed in a variety of ways starting from the communication patterns of the people within the work environment, their ethnicity, race, religion and sexual orientation among others. Hence multiculturalism represents a group of people from the different societies or cultures; who may coexist within a common work environment. Cultural diversity is an acceptable factor in the organizational set ups, since no single culture exists alone in this world. However, some cultural practices may not have certain universally accepted standards of measuring the viability of cultural practices. Cultural elements such as the language, the symbols and beliefs among others are generally used to elaborate the diversity in general terms. The Health Beliefs and Practices From a cultural point of view, there are a series of health beliefs and practices that are carried out across different cultures. The perceptions about different cultural practices vary from a group of people to another group of people. Cultural health beliefs determine how a person is supposed to express their concerns or illness. Some cultures for instance require that a person should not publicly express their emotions when under severe pains as it may go against the societal cultural norms and beliefs. Health beliefs and practices refer to those specific medical actions carried out by different people depending on the cultural background in which they belong. For instance, in birth and early infancy, there is a varied cultural belief regarding the mothers acceptable time to remain indoors and the appropriate time within which the mother can move freely out. Some cultures require that mothers stay secluded indoors for a certain period of time without coming out. These may also involve the feeding patterns, the close care of the umbilicus and circumcision among others. In an attempt to prevent incidences of sudden infant death syndrome (SIDS), the American Academy of Pediatrics kicked off the campaign a back to sleep campaign which encouraged mothers to have their infants sleep separately. However, majority of black women within the US still share beds with their young children because they consider it culturally acceptable (American Academy of Pediatrics , n.d.). Traditional healing has also been significantly on the rise in which is generally termed as the folklore medicine. Some people are considering it as alternative to the modern medication. Some cultures have strongly embraced the folk medicine, and the general feeling that it works according to them, and the pediatrics have been encouraged to respect the patients medical beliefs that may not be parallel to what the modern medication entails. Family Patterns The family structure and the formation is a very important in decision making process, compliance and the effective medical results. The family provides a foundation for provision of care in relation to the medical and the patient care. It is fundamental to appreciate the diversity of the family patterns across the different cultural set ups. It is also important to note that most family roles are tailored according to genders within the family. Some cultures have specific perceptions about certain genders of people. Women and men play specific cultural roles depending on the urgency and the appropriateness of their roles. Women have been majorly singled out to hold a crucial role in monitoring the adolescent patients. They are regarded in some cultures as the focal of point of communication through which all the activities are kick started. The roles of women however differ from one culture to another. Their significance also differs from one culture to another culture. In most traditional African societies, most women are considered to be below the men on the social radar. However, they are the main source of traditional healing, provide midwifery services, and carry out circumcision and other medical care. Similarly, the roles of men differ across cultures. It is traditionaly believed across most cultures that men assume tougher societal roles as compared to women, however, some cultures have actively seen women assuming the roles of men and carrying out what the men ought to have performed. It is a common cultural practice in the African American mothers to assume the roles of the men. They may leave the children with their grandparents and go to look for work. Generally, there is a great feeling of male superiority in most cultures, a situation which affects decision making processes, for example, in the event of sexual encounter; a woman may not have the power to suggest the use of condoms as a protective measure. Communication Style Cultural diversity is greatly explained by the communication processes which come inform of different languages for oral communication, gestures, and traditional means such as use of smokes to send signals; facial expression and written communications among others. Cultural diversity also means that there are variety of communication styles and the communication contexts. The differences are also explained by the cultural beliefs and approaches within specific societies. Some cultures have a way of communicating which may totally differ from the other cultures. Communication styles employed across different cultures depend on the context within which it is carried out. Language is the primary factor and the entrance to the culture. Workplaces are characterized by different linguistic styles. There is always a need for the use of a common language that may be used across all the people within the workplace. However, dealing with the differences in language should always be a priority at workplaces, since the language is the most dynamic element of cultures as it varies from one culture to another. Traditionally, the methods of communication and the communication styles were affected by the contexts, urgency and the role of that communication among others. It is more common in clinical medicine for the clinicians to have their own coded language, which is understandable between them than any other person involved. Communication styles such as the coded professional language full of jargon are only meant for the professionals involved. Additionally, communication styles are employed in organizational set ups whereby there is upward and the downward communication between the top management and the junior staff. It is however important to stress on the simplicity of the communication process regardless of the communication style, one employs. Death and Dying Practices The death rituals and beliefs are largely known to be shaped by the culture. Every culture has its own perception and position about death and the rituals accompanying it. Pediatricians are often faced with various challenges in regards to the relying of information of severely ill patients to their families, the intentional termination of hospice machines, all the integrity issues regarding the dying person and all other integrity life issues surrounding them (Gordon M. , 2015). The death and dying practices within several cultures revolves around determining who controls the body after dying and how the body should be approached. Some cultures differ on how the above mentioned factors should be adopted. In religious terms, Islamic religion believes in quick burials of their dead people which take a maximum of one day to avoid going against their Islamic laws. Similarly some cultures believe in preserving of the body as way of remembering, and giving a deserved send-off. Culturally, the families of the dead are in most cases accepted to have full control of the dead person at all levels (Gordon T. , 2011). The occurrence of death is always devastating news in most societies. It is therefore important to assess the extent of the effects which can be effectively provided by healthcare professionals towards the affected families. This moment calls for family gathering and reflection for some cultures to determine what went wrong and rectify on the ways which are deemed detrimental to societal norms (Carteret, Cultural Aspects of Death and Dying, n.d.). Dying practices also invites for the adoption of control measures that aim at reducing the possibility of death occurrence. It a common practice carried out in different contexts even within clinics to asses fatalism and adopt measures that greatly prevent the possibility of the repeat cases. Culturally, it is about reflecting about where everything might have gone wrong. Conclusion Cultural diversity at work places inevitably affects how every operation is carried out. There are a lot of influencing factors in determining the outcomes of the cultural influence on most activities carried out at the workplace (Carteret, n.d.). I have discussed the influence of health beliefs and practices, which are practiced within the cultural concept. While cultural diversity is an inevitable part of the workplaces, it brings both the positive and negative sides. For instance, having a culturally diverse workplace enables free expression of peoples opinions, suggestions and the free interactions. It may also facilitate adoption and acceptance of other peoples cultural practices and the point of views. However, most people tend to believe in what they have or their beliefs are superior to other people. Hence, it is not always common that every person appreciates the cultural origin or the cultural point of view which differs with what they believe and conform to. Cultural misunderstanding may be a major problem associated with cultural diversity at the workplaces. Working environment with full of conflicting cultural beliefs will most probably erupt in possible disagreements and misunderstandings. On the other hand the modern day nursing profession has seen a significant change in generation gaps. It is believed that the veteran nurses who are elderly in age and the middle aged know how to communicate well to the patients unlike younger nurses. There is a greater need for the older nurses to teach the new generation nurses on the importance of good communication in the nursing profession. Similarly, the cultural notion of professional stereotyping does not bode well with the cultural diversity at work places. It is commonly believed that, every nurse is most likely to be a woman, which is one of the few lowdown that may tarnish the role of the cultural diversity at the work places (Szymanowicz Furnham, 2013). References American Academy of Pediatrics . (n.d.). Health Beliefs and Practices. Available at: https://www.aap.org/en-us/professional-resources/practice-transformation/managing-patients/Pages/Chapter-2.aspx Carteret, M. (n.d.). Cultural Aspects of Death and Dying. Dimensions of Culture. Available at: https://www.dimensionsofculture.com/2010/11/cultural-aspects-of-death-and-dying/ Carteret, M. (n.d.). Culture and Family Dynamics. Dimensions of Culture. Available at: https://www.dimensionsofculture.com/2010/11/culture-and-family-dynamics/ Gordon, M. (2015). Rituals in Death and Dying: Modern Medical Technologies Enter the Fray. Rambam Maimonides Medical Journal . Gordon, T. (2011). Negotiations with death and dying: contemporary Jewish mourning rituals. Fields/Terrains. , 56-70. Mazur, B. (2010). Cultural Diversity in Organisational Theory and Practice. Journal of Intercultural Management , 5-15. Szymanowicz, A., Furnham, A. (2013). Gender and Gender Role Differences in Self- and Other-Estimates of Multiple Intelligences. The Journal of Social Psychology , 399423.