International business and multinational enterprise Essay

Universal business and global venture - Essay Example It would likewise show why the Russia has become an alluring goal for the remote firms. Four contextual analyses would likewise be assessed and broke down for their prosperity or disappointment in the remote soil. Globalization has been one of the most sign powers that have constrained the worldwide network to cross fringe limitations for the more extensive government assistance of the individuals. Social researchers attest that globalization has comprehensively united merchandise, administrations, capital, innovation and individuals across national fringes to develop new worldwide market with shared objectives (Hill, 2009; Sirgy et al., 2004; Black, 2002). Without a doubt, the countries have progressively gotten related for their financial turn of events. The globalization has diminished the topographical limits and has welcomed territorial and neighborhood interests on the world guide (Croucher, 2004; Tiplady, 2003; Held et al., 1999). Hence, the job and duties of states have become progressively articulated vis-Ã -vis making a helpful situation for outside venture. Globalization has likewise significantly opened new roads of misusing abilities and assets for organizations across countries. Through outside direct speculation or FDI, cross fringe mergers, organization, fare and import of merchandise and enterprises, the procedure of universal business are facilitated. In any case, the strategies and lawful standards of the legislature become key components that teach trust among the outside firms. In fact, the political, lawful, monetary and mechanical condition made by government activities through arrangements and plans are significant measures for global organizations. Zonis (2000) affirms that the political dangers create a situation of vulnerability fundamentally through the activity of intensity by the legislature and non government organizations. In this way, non law based states or expresses that are transitional economies are inclined to show controls which

Mesopotamia Is Great :: World History

Mesopotamia Is Great The Land Between the Rivers has been a wellspring of both savage brutality and incredible developments. Mesopotamian culture arrived at its top between ca 3000-550 BCE. However, quite a bit of Mesopotamian culture goes unnoticed, notwithstanding its rich legacy. A huge majority of the incredible early civic establishments created in the land known as Mesopotamia. It can, truth be told, be demonstrated, undeniably, that in light of Mesopotamia's broad exchange courses, its astounding pioneers, and the cosmic development in innovation that happened, that Mesopotamia was probably the best human advancement to have at any point existed. For now is the right time, Mesopotamian culture had the best exchange courses. Its exchange organize came to from the sands of Egypt to the deserts in India. Definitely no development in the western world around then had not known about the extraordinary societies that existed between the Tigris and the Euphrates. Egypt, in itself, had a great exchange course with its entrance to the Mediterranean ocean. Mesopotamia, in any case, had exchange courses in Egypt, however in numerous different areas toward the east too. All past exchange courses had been bound from town to town. Through its broad exchange course, it tends to be seen that Mesopotamia was an incredible progress. Mesopotamia didn't just have exchange courses as a demonstration of its enormity, however a prospering government also. As Mesopotamia was racked with brute attacks, the ascent of a portion of History's generally fearsome and extraordinary pioneers can be seen. Sargon I, for instance, figured out how to bring together probably the biggest territory of development around then. Sargon I is additionally noted having never lost a solitary war in all his years. Also, with Mesopotamia, the primary framework and surely the most broad in that point in time-of systematized law. Lord Hammurabi's appropriately titled arrangement of classified law, the Code of Hammurabi, while apparently cruel in the present view, was proclaimed as an equitable and reasonable law back in its day. History additionally shows that probably the best ziggurat ever was made in the place where there is Mesopotamia.. Nebuchadrezzar II's Hanging Gardens of Bablyon is noted as being perhaps the best wonder of the antiquat ed world. With such a magnificent series of pioneers, it is evident to reason that Mesopotamia was probably the best human advancement ever to have existed. Beside its string of mind boggling pioneers, History shows that Mesopotamian culture brought forth the absolute most prominent innovation man has ever evolved.

Easy Steps to Write an Essay

Easy Steps to Write an EssayIf you want to know the easy steps to write an essay that will be read and appreciated by your reader, there are quite a few tips out there. But before I show you those easy steps, let me tell you why they are so important.I started taking college courses when I was fifteen years old, and during this time, I learned how to write an essay. Not many people seem to have this basic skill, and even fewer have actually been able to develop it to the point where they are able to take care of this task at home, or in their classes. So I want to take the time to share some tips with you that will help you write a great essay.The first and most important step is to make sure you use the correct paper. While you may think that the best paper for writing a work of literature is one that is fairly new, that is not the case. There are certain types of paper that have certain properties that are used when writing an essay, and they are the type of paper to use for this p urpose. For example, there are certain types of paper that can withstand the sun and the elements, and these papers will serve you well. You can find a lot of helpful information in books, or you can seek out websites that specialize in writing a thesis.Essays that are short will benefit from small font. This is not only to aid in reading the essay but also to make sure that the length of the essay is easily readable. In fact, you may want to write several shorter essays so that you can take these smaller, easier essays with you wherever you go. If you do this, you will be able to complete each essay within a short period of time.Another important tip to keep in mind is to ensure that the essay is clear and concise. The length of the essay, and the clarity of the writing, should both compliment one another, so if you take time to write a good essay, you will also be able to write one that is well-written and concise. Once you get the essay down on paper, look over it again to make s ure that the essay is easy to read, and that it makes sense.Once you have completed the essay, it is important to find a way to keep it out of the trash. This does not mean that you write the essay on a coffee table and then throw it in the trash, but instead, it means that you look through the scraps of paper that are left over, and you turn them into journaling. This is one of the most difficult steps, and the only way that you will be able to accomplish this is by constantly writing about the essay.There are many websites out there that you can use to make these essays. Some sites offer many different styles and themes for you to choose from, while others offer only a single theme. Be sure to use the various websites that are available for your essay, and make sure that you select the theme that suits you best. The reason for this is because there are many different themes and styles of essays, and if you do not use all of them, your essay could end up being uninspiring.By now, y ou should have a few easy steps to write an essay. The more you practice, the more comfortable you will become and the more confident you will be in your ability to write such an important essay.

The Development Of The Adolescent Framework Law - 1352 Words

The inception of the adolescent framework law has since quite a while ago characterized a line in the middle of adolescent and grown-up wrongdoers, yet that line has been drawn at better places, for diverse reasons. Amid the nineteenth century, the treatment of adolescents in the United States began to change. Social reformers started to make extraordinary offices for vexed adolescents, particularly in vast urban communities. We can ascribe the genuine starting to William Blackstone, an English Lawyer in the 1760 s who created basic law in England. â€Å"British lawyer William Blackstone proposed the idea that at a certain age, individuals were incapable of committing crime Blackstone introduced a defining line between the stage of infancy (anyone under the age of seven) and adulthood (anyone under the age of fourteen) (Downey, N.D). He accepted that there were two things that were needed with a specific end goal to consider somebody responsible for their activities. The main thing was horrible will, aim to perpetrate the wrongdoing. Another thing was the activity; they really perpetrated the wrongdoing. On the off chance that both of the two was needing, then the individual carried out no wrongdoing. Between the ages of seven and fourteen was a hazy area. A youngster in this age reach would be assumed unequipped for wrongdoing. In the event that, notwithstanding, it created the impression that the youngster comprehended the contrast in the middle of good and bad, the kidShow MoreRelatedMaslow s Theory Of Moral Development1077 Words   |  5 PagesMoral Development What it means to take a â€Å"life span perspective† when considering human development, on the topic of moral development, is that in order to understand the changes and progression of a person’s moral development you have to take in the account that moral development occurs as a result of all the different aspects of life that can promote change, such as social interactions, socioeconomic status, and genetics. The life span perspective uses a multidimensional framework in order toRead MoreThe Long Term Effects of Bullying Among Teenagers769 Words   |  3 PagesTheoretical Framework Often times in the human services career field or any other career field, when it comes to finding the reasoning behind an issue and or a prevention and intervention plan for major issues, such as bullying, that are affecting individuals and the society, it is important that theoretical frameworks are used. According to the 2010 statistics, with bullying becoming a rapidly growing issue and concern affecting both youth and adults, the crime of bullying will not be going awayRead MoreA Study On African American Family Discussions With Their Adolescent Children Regarding Family Planning And Contraception Essay1671 Words   |  7 PagesAkers, Borrero, Corbie-Smith, and Schwarz (2010) discussed the results of a study completed on African American family discussions with their adolescent children regarding family planning and contraception. The authors found this study important due to the extremely high rates of pregnancy in black adolescents, and suggests one of the solutions to this i ssue would be the communication between the parents are the children (Akers, Borrero, Corbie-Smith, Schwarz, 2010). The families were chosen forRead MoreJuveniles Are Legal Law Of An Alternate State1273 Words   |  6 Pagesyears old, albeit in a few expresses 16- and 17-year-olds may be dealt with as grown-ups when they have perpetrated a wrongdoing. A delinquent child is characterized for the most part as a youngster who has damaged any state or neighborhood law; a government law or law of an alternate state; or who has gotten away from control in a nearby or state remedial office. Juveniles are liable to police mediation for a more extensive scope of practices than are grown-ups. Greater part of youngsters confess toRead MoreThe Development Of The American Equity Framework Essay1311 Words   |  6 PagesThe development of the American equity framework is a captivating subject that can prompt to years of recorded study and investigation. A decent criminal equity graduate program will give you enough information to abandon you wanting more as I gained from my time in school. The principal pilgrims to America brought the criminal equity arrangement of English custom-based law to our shores. The framework depended on the start of Mens Reas (liable personality) and the impact of the Catholic ChurchRead MorePrevention, Intervention, And Treatment Options1560 Words   |  7 Pagespainful events lessens the fear of death, which prepares individuals for attempting to take their own lives. Establishing a framework of evidence-based preventions, interventions, and treatment options provides opportunities to help at-risk youth and their families find solutions to difficult problems that they might encounter. In considering this framework, targeting adolescents’ environmental settings provides systemic approaches to offering prevention, intervention, and treatment options. PreventionRead MoreJuvenile Crime And Crime Rates1609 Words   |  7 Pagesjuvenile court procedures more similar, however not equal to those in adult (criminal) court. The reaction to the most recent spike in vicious juvenile crime has been a portrayal of laws that uphold blurred differences between juvenile courts and adult courts. Some states continued to strengthen their juvenile crime laws over the years first by making sentencing more severe, two by increasing allowable transfers to criminal court, or doing away with some of the discretion protections of juvenile courtRead MoreMy Goal As A Licensed Counselor961 Words   |  4 Pages Mental and emotional health can have interpersonal, and social impacts; I want to provide evidenced-based mental, emotional and behavioral health interventions within the context of families, communities and larger systems, to children and adolescents. My goal as a licensed counselor will be to develop a collaborative relationship where each client feels empowered to act as an expert in developing effective coping skills, manage anxiety, depression, navigate difficult life transitions, and enhanceRead MoreChallenges Of Building And Maintaining Effective Research Partnerships Essay984 Words   |  4 PagesAnnan, M., Chua, J., Cole, R., Kennedy, E., James, R., Ingibjà ¶rg, M., †¦ Shah, S. (2013). Further iterations on using the Problem-analysis Framework. Educational Psychology in Practice, 29, 79-95. Asen, R., Gurke, D., Solomon, R., Conners, P, Gumm, E. (2011). â€Å"The research says†: Definitions and uses of a key policy term in federal law and local school board deliberations. Argumentation and Advocacy, 47, 195-213. Barton, R., Nelsestuen, K., Mazzeo, C. (2014). Addressing the challenges of buildingRead MoreEffectiveness Of Raising The Minimum Drinking Age1540 Words   |  7 Pagessocial and cultural spheres. The use of Alcohol transcends both time and geographical barriers, with historical accounts portraying vivid scenes of alcohol consumption to mark momentous occasions or the medium for misbehaviour. A phenomenon of adolescents drinking to intoxication has been observed in recent years. In order to understand the present situation it is vital to consider the social and historical context of Alcohol consumption globally. In Australia a harm minimisation strategy has been

Collective Bargaining Definition

Collective bargaining is an organized labor process through which employees negotiate with their employers to resolve workplace problems and disputes. During collective bargaining, the concerns and demands of the employees are usually presented by their union representatives. Agreements reached through the bargaining process typically establish terms of employment such as wages and hours, benefits, worker health and safety, training, and the grievance resolution processes. Contracts resulting from these negotiations are often referred to as a â€Å"collective bargaining agreement,† or CBA.   Key Takeaways: Collective Bargaining Collective bargaining is a function of unionized labor by which workers negotiate with their employers to resolve problems and disputes that could otherwise result in strikes or work-stoppagesIssues involved in collective bargaining often include wages, benefits, and working conditionsThe result of collective bargaining negotiations is a mutually binding contract or Collective Bargaining Agreement or CBA Brief History of Collective Bargaining in America The American Industrial Revolution of the 1800s spurred the growth of the unionized labor movement. Founded by Samuel Gompers in 1886, the American Federation of Labor (AFL) gave many workers bargaining powers. In 1926, President Calvin Coolidge signed the Railway Labor Act formally requiring employers to bargain with unions as a way of avoiding economy-crippling strikes. A product of the Great Depression, the National Labor Relations Act of 1935 made it illegal for employers to deny workers the right to form new unions or to join existing unions. The National Labor Relations Act The National Labor Relations Act (NLRA) prohibits employers from preventing employees from forming or joining unions and from retaliating against employees for taking part in union activities. The NLRA bans so-called â€Å"closed shop† arrangements under which employers require all employees to join a certain union as a condition of their employment. While government workers, farm workers, and independent contractors are not covered by the NLRA, several states give state and local government workers and farm workers the right to unionize. The Collective Bargaining Process When issues in terms of employment arise, the NLRA requires the unions (labor) and the employers (management) to bargain â€Å"in good faith† on the issues involved until they either agree on a contract or reach a mutually-agreed stand-off, known as an â€Å"impasse.† In the event of an impasse, employers can impose conditions of employment as long as they had previously been offered to the employees before the impasse was reached. In either case, the result is often the prevention of a strike. Contracts agreed to through collective bargaining are mutually binding and, except under extraordinary circumstances, neither side may deviate from the contract’s terms without the consent of the other party. When legal problems arise during collective bargaining sessions, they are resolved by the National Labor Relations Board (NLRB), the independent federal agency assigned to deal with organized labor disputes and to protect the rights of employees by enforcing the NLRA. What Does ‘In Good Faith’ Mean? The NLRA requires both employers and employees to bargain â€Å"in good faith.† But considering the massive number of disputes claiming failures to negotiate in good faith, that go before the NLRB every year, the term is rather vague. While there is no specific list, a few examples of acts that might be found to violate the â€Å"in good faith† requirement include: Refusing to bargain with the other side about valid workplace issues.Changing or disregarding the terms of a signed contract without the consent of the other sideUnilaterally changing terms of employment.Agreeing to a contract with no intention of actually honoring its terms. Good faith disputes that cannot be resolved are referred to the NLRB. The NLRB then decides whether the parties should â€Å"go back to the table† for further bargaining or declare an impasse, leaving the existing contract in force. The Union’s Duties in Collective Bargaining Labor unions are not obligated to support all or even any of the demands of its workers in collective bargaining negotiations. The NLRA requires only that unions treat and represent all of their members fairly and equally.   Most unions have specific internal grievance procedures to be followed by workers who believe the union has failed to uphold their rights or otherwise treated them unfairly. For example, an employee who feels the union acted unfairly in refusing to support his or her demands for more overtime hours than agreed to in the existing contract would first look to the union’s grievance procedure for relief. Pros and Cons of Collective Bargaining Collective bargaining gives employees a voice. Non-union workers often have no choice but to accept the terms of employment imposed by management or be replaced by employees who will. The legally-ensured right to negotiate empowers employees to seek a more beneficial situation. The collective bargaining process has contributed to higher wages, better benefits, safer workplaces, and improved quality of life for all American workers, whether they are union members or not. On the other hand, collective bargaining can result in a loss of productivity. The bargaining process can take months and require the participation of many, if not all employees during working hours. In addition, there is no guarantee that the process will prevent a strike or work slow-down. Sources and Reference â€Å"Collective Bargaining.† American Federation of Labor and Congress of Industrial Organizations (AFL-CIO).â€Å"Employee Rights.† National Labor Relations Board (NLRB)..â€Å"Collective bargaining rights.† National Labor Relations Board (NLRB).â€Å"National Labor Relations Act.† National Labor Relations Board (NLRB).â€Å"Can I be required to be a union member or pay dues to a union?.† National Right to Work.

Comparing Canadian and American Health Care Systems Essay

Comparing Canadian and American health care systems In this paper, there will be a comparative analysis to the United States (U.S.) healthcare system and Canadians healthcare system highlighting the advantages and disadvantages of both. Canada’s and The United States healthcare system Canada has a system that consists of socialized health insurance plans that provide coverage to all its citizens. Canada health care is largely government-funded, with most services provided by private enterprises with some publicly funds all, which is controlled and administered, within guidelines set by the federal government (Healthy Canadians: A Federal report on Comparable Health Indicators , 2009). The U.S. healthcare system is†¦show more content†¦The U.S. spend billions of dollars every year on preventative care such as heart disease, cancer, AIDS and many more disease; millions more are spent on trying to find a cure for disease such as MS, MD, AIDS, cancer, polo and so many more. The advantage to the U.S. would come by way of universal health care as it is today. With different measures of insurance coverage, a person benefits more by having the freedom to choose which health care and insurance needs are sui table for them, rather than being confined to only one group (Chernichovsky Leibowitz, 2010). Canada Health Act verses Health Care Reform The Canada Healthcare act [R.S. 1985, c. C-6] passed in 1984. It ensures that all residents of Canada have an equal access to necessary physician services, no extra billing from physicians and hospital. The act is on five main principles, Public administration necessary services are to offer on a non-profit basis. Next, accessibility coverage with no extra charges and comprehensiveness coverage for all medically necessary services at all times. Portability coverage is to extend to all residents in all provinces and territories. The fifth principle is universality coverage for all eligible residents of all provinces and territories (SEDAP, 2007). The U.S. health care reform passed in 2010 and a completion set in a five-year span. This span creates an agency to regulate the private insurance market. Consumers could choose to buy private insurance throughShow MoreRelatedU.s. Health Care System1329 Words   |  6 Pages Hatfield August 10, 2015 The Canadian system is often considered the model for the U.S. health care system. Both countries health care systems are very different-Canada has a single-payer, mostly publicly-funded system, while the U.S. has a multi-payer, profoundly private system but both countries appear to be similar and suggesting that it might be possible that the U.S. to clone the Canadian health system. Much of the appeal of the Canadian system is that it seems to do more for lessRead MoreComparison and Contrasts of the United States and Canadian Health Care Systems1624 Words   |  7 Pagesof the United States and Canadian Health Care Systems The National healthcare debate is one that has been a continuing arguing point for the last decade. The goal is to provide healthcare to all Americans, regardless of whether they are able to afford insurance or not. In 2009, the U.S. National Health Care Act failed to come to be debated in the house. This Act would have called for the creation of a universal single-payer health care system. Under the policies thisRead MoreA Brief Note On Canada And The United States Essay1672 Words   |  7 PagesAccessibility About 80% of Canadian claims that they have a family doctor and 64% of the population claim to have a dentist. In another word, the healthcare in Canada is considered to be highly accessible. Unfortunately, the system does have its flaws in situations such as the aboriginals, the people with disabilities, and for the populations that lives outside the urban areas have less accessible healthcare providers. For many instances, the dweller of the rural and reserves areas would have toRead MoreStandards of Evaluation1097 Words   |  5 Pagesof Health Care Standards Between the US and Canada The Canadian health care system is often compared to the US system. In 2007 a systematic review concluded that outcomes may be superior in Canada versus the United States. The US system spends the most in the world per capita, and was ranked 37th in the world by the World Health Organization in 2000, while Canadas health system was ranked 30th (Guyatt, 2007). In terms of access, more Canadians seem to be covered with a decent health careRead MoreWhat Is The Difference Between Germany And The United States726 Words   |  3 Pagesresearch, we are comparing three of the most industrialized countries: Canada, Germany, and The United States. The first part will give a brief, but detailed description of the healthcare systems, while the second part will compare and analyze the three countries that are listed above. What changes have taken place and other future reforms for the two? Although the three do not agree much, the one thing they do agree on does not want one another healthcare systems. Majority of Americans do not knowRead MoreChanges to Two Welfare States Essay1199 Words   |  5 Pagesstates, or welfare systems are the same, all of them are unique. They are all run differently, and offer different benefits for different costs to their citizens. All welfare systems in a way create a class system based on who uses the welfare pr ovided and who does, who has access to the social programs in place and who has no access. When one doctor and one patient, in 2005, challenged the Quà ©bec Health Insurance Act and the Hospital Insurance Act to allow private health care in Quà ©bec they changedRead MoreHealth Care Of The United States Essay1706 Words   |  7 Pages Health Care in the United States Matthew Glennon Ivy Tech Community College Abstract The aim of this paper was to gather and find information over universal health care. Research will demonstrate the varying ideas on universal health care. The goal of the paper for the reader is to inform them well enough on the topic to be able to pick a side and make a solid argument. The reader will be informed on different ideas that surround universal health care. The combinedRead MoreComparing The Canadian And The United States Health Care System1151 Words   |  5 Pagesis to compare the Canadian and the United States health care system. the first part of the paper will focus on describing each country health care system. The second part will focus on analyzing, evaluating and comparing these two countries system efficiency and benefits. The last part, is an overview of the recent policies changes and its effect (positive and negative) on each country citizens and proposed future reforms for better coverage in these countries. Canada health system Canada providesRead MoreComparing Public Vs Private Health Care Systems Essay1563 Words   |  7 PagesI address the question: ‘Health care is always an important topic of debate. Often this debate occurs in terms that compare public versus private health care systems. After showing how the public option is associated with welfare state liberalism and the private option with neo-conservatism, which option do you prefer and why?’, and I argue that a public health care system reflects a stronger more stable country. In regards to health care, there can be two ideologies that can be linked to each otherRead MoreThe Formation Of Canada s Health Care System1028 Words   |  5 Pages Two-Tiered or not Two-Tiered- Is That Even the Question? Looking at the Future of Canada’s Health Care Kirstin Cain Sociology 101 Northwest Community College Two-Tiered or not Two-Tiered- Is That Even the Question? Looking at the Future of Canada’s Health Care One of the founding fathers of structural functionalism, Emile Durkheim, believed that society could be viewed as an entity whose parts, or institutions, needed to work well together as a whole and that society’s needs determined how

Cameron Auto Parts Analysis Essay Example For Students

Cameron Auto Parts Analysis Essay At that time, Alex had to cut the workforce from 720 to 470 people. He was thinking Of different Steps Of how to increase his sales. He wanted to enter foreign markets but didnt have enough resources to do so on its own. He had different options on his mind such as licensing and joint venture. He had a big ambition for diversification, but he never had to design and develop its own products and had never hired any design engineers. By mid-1993, Alex had hired a key-engineer from a Canadian firm and the company developed its own line of flexible couplings with an advanced design and efficient production process using the latest in production equipment. They developed a good marketing plan and made a successful new product. Cameron was then faced with how to market and sell the product. He needed to decide whether it was better to expand current facilities, or license to outside companies. He was considering licensing since there was an opportunity for it and it would be a good way for quick entry to foreign markets. Developing new product Being a competitive company Alex should address the importance of the reduce enhancement by technology change and advanced design. Additional returns will be gained with the introduction of new products. Due to Cameron depending on Big Three and neglected to foster the innovation potential of the firm, sales dropped dramatically with the global economy slowdown. For independence Of the Big Three, Alex decided to make a major product innovation. He paid almost $1 million for developing own products and finally the company had an advanced product related to the existing line. This new product held the greatest opportunity for long-term business growth and product pacification. It is a unique advantage for increasing market share because Ales new product could be widely used in large or small firms. It didnt have a specific target market. For achieving new business goals he should kept sustainability on mind; it can be a powerful tool for both achieving new business goals and avoiding bankruptcy. Alex invested in new technology and hired a professional engineer to design products related to the existing line in order to develop Cameramans own product. It new products hold the greatest opportunity for long- ERM business growth, product specification can be a unique advantage for increasing market share. Additionally, Alex was not worried about creating a new market and he saved money on marketing, By mid-1993, sales increased to $45 million and recovery was well since the product innovation began to make company competitive and get profits As a leader, Alex had a success in organizing, leading, and controlling the development of a new product. New Marketing Plan Cameron Auto Parts faced some set of problems because of uncertainties when the company attempted to enter the market place. Cameron knew flexible type of coupling could be a good product in market place due to broad applications across diverse industries. However, they did not know how to operate market system effectively and lacked specific marketing plans. Fortunately, Cameron overcame some difficulties related With marketing plan and became pretty successful in competitive markets. There were some valuable marketing strategies to approach to the competition in terms of flexible couplings. Alex made decisions to hire eight field sales representatives to support distributors all over the country. After that, he also hired some several Canadian Based sales representatives to cover major markets. Moreover, the company tried to continue having good relationships with key buyers associated with major industries. Design group was an essential role to develop new types of couplings. Cameron was willing to pay attention on solving customers problem as well. .uf4cc06bff0088c130fceac9d1513f449 , .uf4cc06bff0088c130fceac9d1513f449 .postImageUrl , .uf4cc06bff0088c130fceac9d1513f449 .centered-text-area { min-height: 80px; position: relative; } .uf4cc06bff0088c130fceac9d1513f449 , .uf4cc06bff0088c130fceac9d1513f449:hover , .uf4cc06bff0088c130fceac9d1513f449:visited , .uf4cc06bff0088c130fceac9d1513f449:active { border:0!important; } .uf4cc06bff0088c130fceac9d1513f449 .clearfix:after { content: ""; display: table; clear: both; } .uf4cc06bff0088c130fceac9d1513f449 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf4cc06bff0088c130fceac9d1513f449:active , .uf4cc06bff0088c130fceac9d1513f449:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf4cc06bff0088c130fceac9d1513f449 .centered-text-area { width: 100%; position: relative ; } .uf4cc06bff0088c130fceac9d1513f449 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf4cc06bff0088c130fceac9d1513f449 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf4cc06bff0088c130fceac9d1513f449 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf4cc06bff0088c130fceac9d1513f449:hover .ctaButton { background-color: #34495E!important; } .uf4cc06bff0088c130fceac9d1513f449 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf4cc06bff0088c130fceac9d1513f449 .uf4cc06bff0088c130fceac9d1513f449-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf4cc06bff0088c130fceac9d1513f449:after { content: ""; display: block; clear: both; } READ: Princess Diana (521 words) EssayLicensing Alex wanted to capture foreign markets directly but he didnt have enough resources on its own to do that, After their promising new product was developed, they had a chance to license to a Scottish manufacturer, McGrath. Muscular couldnt build the market based on shipments from America because it was too expensive. There was 5% tariff coming in, freight and insurance was another on top of the price and also there was the matter of currency values. He wanted to enter a licensing agreement. McGrath already had a demand for the product So getting into a license agreement With him would be in Ales advantage. For Alex it was a good way to enter the U. K. Market swiftly via Megastars sales force. There was no financial risk involved. If Alex agreed on licensing he would have advantages such as low investment costs, reduced uncial risk and quick market entry. He agreed on a deal With McGrath for the U. K market only so he got his chance to exploit its technology there. The license granted to McGrath will help bring in the cash flow needed so that they can try to expand. However, the profit of the licensor may not be maximized since their involvement in the licensed markets is indirect. Alex wasnt quite sure about the agreement, sometimes he thought that an equity investment would have paid off better than being a licensor. Another of his disadvantages was shared profits. And he also had no objective yardstick against which to evaluate the royalty rate that they agreed on. Joint Venture Sandy proposed a 60 to 40 joint venture with Cameron, allowing the authority to control and responsibility tort managing the venture in Australia. Sandy insisted they had lots of experience in Australia and pointed out their knowledge on the market as well. Sandy also suggested a management tee of four percent on sales for them, and a royalty of two and a half percent to Alex. During the negotiation between Sandy and Alex, about the joint venture agreement in Australia, there as a rising issue. Alex was quite disappointed about Sandy because Alex did not know Sandy was selling flexible couplings in Europe and Australia. Despite of increased profits, the awareness of Sandy taking advantage of imperfect license agreement made Alex to have second thoughts about Sandy. Ender some proposals associated with joint venture from McGrath, Alex preferred having a silent partner basis relating to the joint venture. Moreover, Alex was concerned about whether to expand the market into Australia or not. Since Cameramans resources are limited, Alex has to make an informed decision. It takes courage for Cameron Auto Parts to give up the European market for a small percent Of loyalty from Australian market. Cameron Auto Parts had two product lines and th ey were growing very quickly. Because of the company just recovering from the economic depression, it was not a good time to expand two product lines so quickly. Outsourcing might be an option to help the company save money, find another company which will be able to produce high quality auto parts for cheaper, Alex signed his licensing agreement within a week; he didnt take any advice at all trot his managers. There should have been more thought behind the decision than just an unexpected trip without consulting with the Cameron Auto Parts executive team. He didnt get consultation from his financial, operational and legal advisers. This is where he made a big mistake. If he took some advice, maybe he could have come up with a better deal, decide whether those were the appropriate royalties for him. The royalties they agreed on were too low and he just agreed on them. A good thing is that the licensing agreement is only for S years so if its not going ell he can change it to something different after, or they can renegotiate for a higher percentage in the future if they still want to.