Technical Efficiency of China's Banking Industry Literature review

Technical Efficiency of China's Banking Industry - Literature review Example Nonetheless, most economies have been able to exhibit resilience and remained stronger. Economic turbulences and dynamisms have affected different industries within various global economies. China’s banking industry has not been spared from such turbulences and dynamisms hence the need to analyze its technical efficiency. The following chapter provides a chronological description and critique of relevant theories in respect to technical efficiency within China’s banking industry. The chronological description and critical review entails empirical papers linked to the concept of the study. Different theories of efficiency with respect to technical efficiency are discussed within this chapter. 2.2 Overview of China’s Banking Industry China has being operating economic and financial system on the basis of social principles until 1978. Amazingly, the People’s Bank of China (PBC) had for a long time been in-charge of issuing currencies as well as being the fina ncial hub of all the economic plans of China. After 1978, China realized the need for serious economic and financial reforms. The objective of such reforms was to increase economic and technical efficiency of financial and economic sectors within the country (Jiang, 2001). Jiang (2001) adds that China aimed at enhancing resource allocation through such reforms. Albeit gradual, serious reforms were carried out in major sectors of the economy, banking being the main recipient (Adams, Berger, & Sickles, 1999). China decided effect the reforms in two main stages; from 1979 to 1992 and from 1993 to the present time. The first stage was characterized by development of two tier banking systems; People’s Bank of China (Central Bank) and four state-owned banks that included Bank of China (BOC), China Construction Bank (CCB), Agricultural Bank of China (ABC), and Commercial Bank of China (CBC). Despite high degrees of functional segmentations, these banks were permitted to accept depos its and offer credit facilities to households and corporate organizations by 1985 (China Daily, 2006). The first stage formed the basis of further reforms, which was characterized with development of small and medium sized commercial banks. The main reason for allowing entrance of commercial banks within Chinese banking system was to enhance competition, which was aimed at providing high quality and differentiated services and products (Jiang, 2001). Examples of small and medium commercial banks created during this period included CITI Industrial Bank, Guangdong Development Banks (GDB), China Merchants Bank (CMB), Hua Xia Bank (HXB), and China Everbright Bank (CEB) (China Daily, 2006). Notably, most of these commercial banks were joint-stock owned unlike the previously mentioned state-owned. The second stage, which was flagged off by State Council in 1993 saw various decisions made within the financial system reforms (Leigh and Podpiera, 2006). In this stage, the main aim was to enh ance c

Consumer Responses to Sex in Advertising

Consumer Responses to Sex in Advertising Abstract: This study analyses the Chinese and British consumers responses to sexual content in advertisements, the advertised brand and consumers buying intentions towards the brand. Focus groups will be the principle research method used in this study, totally 32 Chinese and British participants (including 16 male 16 female) will attend the focus groups discussion. The purpose of this study is to examine the differences in the effect of sex appeal on advertising and brand evaluation between Chinese and British consumers. This investigation will also explore whether gender or product involvement will have any significant relationship with consumers attitudes regarding different sex appeal ads. Rationale for the research Advertising is an important global marketing strategy, it is important for managers to know whether they can use standard advertisements in each of the places where their brands are sold or whether they need to à ¢Ã¢â€š ¬Ã…“localiseà ¢Ã¢â€š ¬? the advertisements my modify them to adapt the local cultural. The appearance and popularity of using sexual appeals in advertising has become a serious issue in the last 50 years. When using sex in international advertising, it is important to figure out whether sex appeal could be adopted cross national. Whether the effect of using sex in commercials is vary by country and cultural background. The main goal of the present study is to examine how the effect of sex contained advertising and consumers attitude toward these advertising and associated brand vary in different cultures by comparing Chinese and British consumer responses. There are many differences in social systems, cultural backgrounds and marketing and economic approaches betw een these two countriesChina is considered one of the largest developing countries in the world which has made it a target market for manufacturers from around the world in recent decade, whereas the United Kingdom is a highly developed Western country and is one of the main exporters to the Chinese market. The overall research objectives were defined as follows: 1. Fill the existing Gap in Chinese Research into Sex and Advertising Compared to the British regulators of the 1990s and early 2000s (Independent Television Commission, Broadcasting Standards Commission and the Radio Authority) which carried out a number of studies into the consumers attitude and responses toward sexual content in advertisements, the study in this area in China has been rare. One of the purposes of this research is to gain a comprehensive understanding of Chinese consumers responses of sex appeal advertising; what are the responses of Chinese audiences when they are exposed to sex appeal advertising? Does sex in commercials sell for Chinese consumers? This study could help the managers who targeting Chinese market understand the attitude and responses of the specific type of sexual content in advertising. This study will also investigate the specific type of sexual appeal which might cause public offence. Recognizing the audiences attitude and acceptance of specific sexual content in advertising might increase the effectiveness of usi ng sex appeal in television in Chinese market. 2. To understand the differences and similarities of consumer responses exist in both countries. Through a comparison of British and Chinese consumer responses, the difference and similarities that exist in these two countries will be outlined. This work will contribute to the understanding of how sexual appeal work differently by countries and by genders. Research Questions RQ1. What are the key differences in responses toward sex appeal advertising, brand, and buying intention between Chinese and British Consumers? RQ2. Whether gender is a significant variable in consumer responses to sex contained advertising? RQ3. Whether product type is a significant variable in consumer responses to sex contained advertising? Literature Review The definition of sex in advertising Since the 1800s, markets and advertisers have used sexy words and images to sell certain products. Along with the emergence and popularity of sexual advertisements, numerous studies have been carried out in this field. American social scientist Byrne (1982) deemed that sexual advertisements are a type of advertising with ascribed sexual meaning. Courtney and Whipple (1983:p.103) defined sex in advertising as à ¢Ã¢â€š ¬Ã…“sexuality in the form of nudity, sexual imagery, innuendo, and double entendreà ¢Ã¢â€š ¬Ã‚ ¦ employed as an advertising tool for wide variety for products.à ¢Ã¢â€š ¬? As noted by Gould (1994), sex in advertising is typically visual (physically attractive models, depictions of sexual behavior with partners or alone) but can also include verbal innuendo and explicit copy. In 2001, Reichert et al. cited that in the context of advertising, sex has been general considered as a tool of persuasion to draw attention to certain products or brands. By its very nature, advertising is a form of persuasion communication. (Thorson, 1990), As such, sex could be used to as persuasive message to promote products and brands. In 2003, Reichert pointed out that sex in advertising can be thought of as a sexual appeal that involve many factors and forms such as nudity, physical attractiveness, sexual behavior and double entendre (Reichert, 2003). Whatever presentation of the sex, the important underlying conceptual commonality is that the information evokes sexual thoughts and feelings in the viewer (Reichert, 2003: 234). Does sex sell? The previous study indicated that with sexy illustrations advertising can effectively grab consumers attention and improve recall of the commercial message. Sexual appeals have been shown to be more attention. Marketing researchers in this area investigated reactions of individuals to certain sexual appeals in advertising and explored reveal how sexual stimuli evoke reactions in individuals, and how these reactions may influence consuming behaviors. The goal of an advertisement is to promote products or services in an effective manner to attract the most people. If an advertisement cannot grab peoples attention, then it cannot affect their likelihood to buy that product. Thus, advertisers seek to make their commercials noticeable to their audiences. Consequently, marketing studies in this area often investigated whether marketing effectiveness of sexual advertising is improved by comparing audiences attentions between sexual and non-sexual advertising. In other words, these studies try to find whether sex appeals could increase the chance for ads for grabbing consumers attention then arousing their buying intention. The impact of sexual appeals on brand name recall and brand evaluation are also important themes in this field. Berceid and Walster (1994) investigate the power of the physical attractiveness. They found attractive people are usually rated as more desirable, respectable and influential than less attractive people. This psychological evidence on the power of physical attractiveness supports the potential commercial value of using sexy models to promote products in advertising. Alexander and Judd (1978) found that nudity and erotic content in ads can increase consumer attention to an advertisement but not necessarily enhance the brand recall and brand evaluation. In the study carried out by Marilyn et al. (1998), sexual appeals have been found to be more attention-getting, likeable, dynamic and more likely to increase a consumers interest in the topic than were nonsexual appeals. The previous research shows that with sexy illustrations advertising can effectively grab consumers attention and improve recall of the commercial message. Sexual appeals have been shown to be more attention. However, sexual appeals that are attention grabbing can also fail to enhance brand recall and brand evaluation of advertising. Many studies found that brand recall from non-sex-containing advertising is higher than that from adverts that do contain sexual content (Steadman 1969; Alexander Judd, 1978; Courtney Whipple, 1983). Individual Difference and Product Type Previous study indicated that individual differences of consumers and product type promoted in ads should be considered when predict the effectiveness of using sexual appeal in commercials. The gender differences and different cultural background of consumers could impact their attitude toward sex contained advertising, moreover, the different product type promoted in sex appeal ads could influence consumers attitude as well. Male and female represent distinct differences when they were exposed to sexual content. Men showed more tolerance of sexual theme and content, meantime, their attitude toward sex appeal ads itself and associated brand were more positive than their women counterparts (Steadman, 1991). In 2004, Pope et al. considered gender differences as an independent variable of impact on consumers attitudes toward sex appeal advertisements. The finding indicated that compared to males, female consumer were more tended to responses positively to mild sexual appeal in adverts. The cultural background is another important capricious in consumer responses to sex appeal ads. People from different countries have distinct attitudes and opinions of sexual content contained in commercials. The research shows that in continental European countries, such as Denmark, Germany, Italy and France, consumers generally showed tolerance of nudity in advertisements (Frith Mueller, 2003). In fact, according to a focus groups survey launched out by Tissier-Desbordes and Manceau (2002), French women typically regard female nudity and sexuality as aesthetic rather than sexual and erotic appeal. Wheras, Fetto (2001) carried out a public opinion survey in the U.S. focuses on peoples opinion toward sexual image in print advertising, majority people express that they do not like much sex in print ads and will boycott products which applied sexual appeal to promote. Meanwhile, compared to the U.S. consumer, British consumer showed an even stricter attitude toward female nudity in commercials (ITC, 2003). The previous research also indicated that influenced by traditional social and cultural values, people who live in countries in Asia and the Middle East tend to be more conservative than the US and Europe with respect to sexual content in adverts ( Frith Mueller, 2003). In addition, people were more likely to accept products and have positive attitude toward brand when they could see clear congruence between the products and the sexual content. Beauty and personal care products could easily be associated with sexual content and so increase the recall and acceptance among audiences (Gunter; 2002; Cheng, 2002). When consumers could not found clear relationship between the product type and sexual content they were more easily to be offended and harm the brand evaluation. The Sexual Content Might Cause Public Offence in Britain and China In Britain, IBA (Independent Broadcasting Authority) carried out a serious public opinion surveys in 1980s. This work was concerned, especially, with the publics acceptance not just of sexual treatments in advertising, but with the advertising of products that were associated directly or indirectly with sexual matters (Independent Broadcasting Authority (IBA, 1988). The finding shows people find advertisements that featured sexual matters or promoted products for personal hygiene deeply offensive, only 16% audiences admitted that they had been offended by advertisements. The greatest source of these offensive advertisements is related to nudity or sexual content. The majority of audience (70%) said they would not feel embarrassed by watching sanitary protection products on screen. In a later survey, more than 1,1000 UK television viewers were asked if they had ever been offended by television advertisements in this study. Most people expressed they did not think AIDS, contraceptives or condoms advertisements would cause offence. However, majority of British Viewers felt uncomfortable when faced by advertisements for homosexual advice services and Homosexual related products. In 1994, ITC research comprised focus groups and depth interviewer to investigate audiences attitude toward different degrees of nudity in advertising. The finding indicated that nudity was regarded as more acceptable when it was relevant to the product and appeared after 9 pm. The data of focus groups revealed that the suggestive and partially nude seems to could be accepted by audience in any time, semi nude and back nude could be accepted after 9pm, full-frontal nude and sexual intercourse imply or explicit scenes were unacceptable by audience (ITC 1998). In 2004, British researcher Andrea and Lloyd carried out a focus groups survey to examine the consumer attitudes towards female nudity in advertising. The data from focus groups that consumers are more accepting of female nudity in adve rtising when they see a clear congruence between the sexual content and the product, message or positioning. There have been many fewer public opinion surveys on sex contained commercials in China. The only substantial studies we have located are that conducted by Cheng in Hong Kong in 2002. This survey used questionnaire which aimed at identifying what kind of advertisements consumers find offensive. The finding indicates that commercials promote contraceptive products were considered as more offensive than ads about female and males underwear. This study also pointed out that whether an audience will feel offended by advertising on the appeal than the product itself. Relevance to my study The review of previous research may contain clues about how specific aspects of advertising can exert effects on consumers. It provides useful inputs to methodology. The review of previous studies in this field could help to understand that how consumers responses to sex appeal should be studied and analyzed. Three important elements, attitudes towards the ad, the brand and buying intention were adopted for testing the effectiveness of sex appeal in this study. The review of relative gender-role stereotyping studies offers the theoretical basis for examining the men and womens different attitudes when they were exposed to sex contained advertisement. In addition, the previous cross-national comparison work, especially those compare sexy advertising in western and eastern cultural context, offers more detail what we already know about cross-national comparison into consumers responses to sex appeal advertising. Methodology Given the nature of my project, qualitative research approach would be the best way to fully tackle the research questions. This paper will apply focus groups to examine peoples attitude and opinion toward sex in advertising. It also tries to explain the differences existed in the Chinese and British consumer towards sexual appeal advertising. Participants For focus groups, Chinese and British participants will attended in group session to discuss their opinion and attitude toward sexual appeal in advertising base on their individual experiences. In total, 32 participants will take part in this study and were divided into 4 groups: Chinese females, Chinese males, British males, and British females. All participants are university students in LSC. Procedure Each of group would be asked to watch several advertisements contained different level of sexual content. Some advertisements only contain mild sexual content such as soft kissing, embracing, and suggestive nude), others contain high level sex appeals such as half nude, making out and sexual intercourse implied). The product types promoted in those sex contained ads are varying from beauty and personal care stuffs to electronic products. After that, participants would answer questions regard to their attitudes toward ads itself, brand and buying intention, and each participants will be required to discuss the question with others. Focus group will run for around 90 minutes. All discussion will be taped for data analyzing.

Captains of Industry :: essays research papers

In 1796, president George Washigton wrote a farewell address to speak to the nation before he retired. In this, he explained valid reasons to keep America an isolated as well as neutral country. It is clearly prominent that Washington's farewell adress was necessary. This is due to the fact that it gave the nation something to ponder as well as dwell upon. Washington's intent was for his adress was to serve as an itenerary for the future of our nation. This did not succeed. Although it would be reasonable to be used today, we continue to remain allies with some countries, and enemies with others. Washington's address analyzed the nation's domestic difficulties. He stated that, "...anthipathies against particular nations and passionate attachments for others should be excluded, and that, in place of them, just and amicable feelings toward one another should be cultivated." In this, he expressed his desire for neutrality in the nation. Another main point that explains the necessity of the address was to cement the fact that we should stay out of other country's affairs; that we should be our own independant nation. Washington did not want America to take sides, because at that time, America was stilll forming as its own country and he believed that we should concentrate on our country. If America is to be an independant country, why should we have affairs with other countries? For example, Europe. Washington strongly felt that we should break ties and establish none with other foreign contries and that we should not, at any circumstance, interfere with European affairs. In his reasoning, he expressed his desire for isolation in the nation. Being a strong figure that many looked upon, Washington's intent for his policy of isolation and neutrality was to serve as a prescription for future years. By using VALID reasoning combined with hope for his nation, Washington denounced the idea of favorites and enemies in order to for our nation to be "a free, enlightened, and, at no distant period, a great nation to give mankind the maganimous and too novel example of a people always guided by exhalted justice and benevolence..." His speech was also addressed at the end of term, in order to serve as a basis for the future of our country to follow. Despite this GRATUITUS attempt, his address did not succeed in being the precedent it was designed to.

A Family Legend Passes

Blake Wilson Wilson 1/4 English 1101 Paper # 2 Narrative Essay 8/30/12 7:30PM â€Å"A Family Legend Passes† It still feels like yesterday, a place I haven’t quite left, here I was following behind an ambulance again. I remember being frustrated feeling overwhelmed over all of the repeating events, â€Å"I wanted it to be over already†, how I learned to regret that thought.We arrived to the hospital once again, I made my way to the parking garage and started circling hastily looking for a parking spot, I couldn’t stop myself from thinking of the comedy of myself circling through the garage just like this â€Å"Deja-vu† of a visit was coming to be. Things seemed kind of melancholy the standard procedures were taking place, the nurses were taking vitals, blood samples, doctors asking how much pain she was in, what medications she was on, she was being admitted once again, Carmen; my grandmother, my mom’s mom.It was getting late, I had to work th e next day and my very pregnant wife needed some rest also, so we headed home. The next day I went to work as normal as a maintenance worker I went about my usual tasks; replacing ceiling tiles, carpet repairs, patching and painting walls etc. , I remember feeling uneasy all day, I called my mother around lunch time. I was told that they’re Wilson 2/4 Going to turn off her pace maker the battery was dying and they were going to need to put a temporary one in her leg until the tech was able to get in, in a few days.I hung up the phone with my mother and went back to work, I got a call around three telling me that she didn’t get through the surgery so well and that even with the temporary pacemaker installed she wasn’t stabilizing, suddenly I found myself on the interstate doing 95mph with short emotionally unstable bursts of 115mph passing everyone I made it to the hospital from my house in about 4 minutes. What happened next I wasn’t prepared for, I walke d into the room and an nfamiliar chill overcame me I felt it coming before it could be said, â€Å"the doctors say she isn’t going to make it this time Blake they want to sedate her and let her go peacefully† I stormed out of the room muttering â€Å"you would give up you bitch† to my mother, I was lost I knew those I would hear those words someday, but not this day it couldn’t be could it? Well it was night now shows how much I was paying attention to time, everything was a blur to me now I felt numb I found myself wandering past everyone in the halls sobbing coming back from my smoke break emotionless to the world we sat through the night not sleeping.It was morning time again I had to go into to work again, my mother and wife assured me she would be there when I got back two days went by like this, no sleep, emotionless, chain smoking, no eating I couldn’t think of any reason to be selfish and eat when my grandmother Wilson 3/4 was on her death bed, the smoking was just an attempt to keep my emotions under control.I spent countless hours in the room holding my grandmothers hand, staring at the monitor, back at her and back again it was starting to seem like an countless cycle but I was enjoying the limited amount of time that was left, I went outside to smoke once more a feeling overcame me and I burst into tears something felt different, this was really happening I was going to lose the one grandma I knew all the hospital visits all the times she had recovered before now meant nothing,.I remember all the times bringing meals to her, my disabled grandmother I would sit in her room for hours talking to her about the past, learning how she used to program computers back in her younger years, so many memories flashing before my eyes â€Å"they say life flashes before your eyes before you pass but nobody ever tells you all the memories go right before a loved one passes†, I walked into the room and it felt freezing cold my mother was weeping looking on the computer for a goodbye song, my wife sitting bedside in a chair looking on to me with a look in her eyes that said what next?I held her hand one more time and whimpered out an I love you. I thought I felt my own heart beating, but soon discovered it was my dear grandmothers heart beat I could feel I felt the last few beats and then they stopped I sat bedside with my head laying on the bed for what felt to be an eternity I heard my wife ask if I was ok once more, I finally raised my head in awe she wasn’t breathing anymore, eyes still half open I reached up and closed her eyes and collapsed onto the bed in an uncontrollable fit of tears.Wilson 4/4 All I could do on the silent drive home was stare out the window mad at the world, now I knew what it felt like to lose a loved one, what a painful lesson, Maybe I should start showing more interest in those around me, you never know how precious those moments are.

International Issues Essay

Abstract No two countries have the same political and legal system. Each country has its own laws and regulations on business and products. When doing business in another country it is important to know the laws and abide by them. Culture plays a huge part in a business’s success when venturing into a foreign market. Being sensitive to the cultural and religious beliefs in that country is important to a business’s long term success. A business needs to be educated in the laws, customs and cultures of that country so that business will be able to comply and coincide with that country. A business needs to know how and where to resolve any legal issues that may arise while doing business in that country. Disputes need to be handled in a way that is respectful to that country and adheres to the contract in which the parties agreed. International Issues Issues in Legal Disputes in International Transactions â€Å"International transactions and dispute resolution requires both an understanding of the law and a sensitivity to foreign culture, politics, formal and informal power structures and decision-making approaches† (White and Williams LLP, 2013). When entering into a contract with a foreign country, one needs to be very specific in the contract about how to resolve any issues that could come up between the two companies. Deciding and agreeing on where issues will be resolved is a key element in the contract. Going to court can be costly for both companies and the decision made by the court could take an extended amount of time. If the companies were to go to court, deciding in where the court hearing would take place is another issue. If the hearing was to be held in the foreign country, the laws might not be the same and that country might not have much experience in international disputes. If the hearing was to be held in the United States, the other company and the country’s government it resides in could become hostile and not uphold the ruling. Arbitration would be the best way to resolve any disputes between the two countries. Arbitration can save a lot of time and money for both companies while also protecting the images of both companies by not having a lengthy trial in the press. â€Å"Arbitration is often less costly, less litigious, and less time-consuming, and offers more privacy to the parties than litigation† (Companies Export, 2008).The ruling from the arbitration could be binding or non-binding depending on what is agreed upon in the contract. Practical Considerations When trying to resolve a dispute with a company in a foreign country, one would need to look over the written contract that was drawn up at the beginning of the relationship. â€Å"The governing law clause will set out which country’s law will apply to any dispute under the contract, and the jurisdiction clause will state in which country the legal action must be taken† (Smith, 2007). The U.S. based company needs to be aware of the laws that affect the company and the business dealings in the other country. The company needs to consider the cultural aspects, the ethical behavior, and the legal structure within that country. â€Å"U.S. laws governing the international business activities of the U.S. companies fall into two categories. The first consists of laws, such as antitrust, employment, and economic-espionage laws, that are also applied frequently in the domestic context. With respect to these laws, the international business activities of the U.S. companies are a rguably at special risk because management educated and trained outside the United States might be less familiar with these laws than management educated and trained in the United States† (Winer, 2013). Bribery is also a consideration when taking legal action against a foreign business partner because this is illegal under the U.S. Foreign Corrupt Practices Act (FCPA). In some countries, bribery and gift giving is not seen as an illegal or unethical act but a form of showing respect and gratitude. A company needs to be careful on how this is perceived because it could be seen as an illegal act on the company’s part. Factors against CadMex Time and money would work against CadMex in the sublicensing agreements. In the simunlation, Candore is under an epidemic and needs the medicine ViroBlax at a subsidized price. There would not be enough time, due to the epidemic, to work out a contract that both parties will agree upon. Each separate pharmaceutical company in Candore would have to be sought out and a new contract would have to be drawn up for each different company. This is not only costing CadMex time but countless dollars on man hours. CadMex would have to invest a lot of money into properly training the employees and building the proper facilities. CadMex would also have to insure that the generic products were to the proper standards and up to regulation. Even if CadMex was to invest the time and the money into sublicensing the drug, CadMex would lose money because the drug is being sold at a subsidized price. The royalties that would be paid out with sublicensing still would not gap the margin of loss that CadMe x has. When Customs and Laws Conflict When the local customs and the local laws conflict with the customs and laws of an organization operating abroad; the organization should look at the customs and laws in which it is operating under and those should prevail, as long as the company is following the laws in which it is to operate by. When operating abroad, it is important to be aware and sensitive to the customs of that country. Allowing employees to observe religious and cultural holidays will not only keep moral high but also will keep the company within the laws that country has. Knowing the cultural normalities and integrating those into the business model will allow for the employees and members of the community to feel that the business has their interests mind. Being able to comply with the laws of the country in which the business is in while also complying with the laws set by the country, in which the mother company resides, can be a hard line to walk. Complying with the laws of the country in which was agreed upon in the contract at the onset of the partnership would prevail. Making sure to follow the rules of the country that the business is in is important because that is where the business will produce its goods. â€Å"Employees who engage in international business are responsible for knowing and complying with both the laws and regulations of the countries in which the businesses operate and the U.S. law and regulations that apply outside U.S. borders. If U.S. law conflicts with the local customs, or if the local law is more restrictive than U.S. laws or company policies, one must follow the more restrictive law, custom or policy† (Olin, 2012). Resolving Domestic and International Issues Resolving domestic issues can be done through arbitration or through the court system. It can be as simple as suing a party and showing up to court. When trying to resolve an issue domestically, the laws are well known for both parties and the venue in which the issue will be settled is easily accessible to both parties. Resolving an issue internationally is more work involved. The issue has to be resolved through which venue both parties agreed upon when signing the contract. Both companies need to know the laws of that country and travel might be needed. If arbitration was selected, both parties would need to submit all paperwork to a panel of arbitrators and adhere to the judgment in which the panel decides. If one party does not comply with the ruling, then legal action must be taken. Conclusion When doing business internationally, a company needs to be aware of many factors. Conforming to the culture and abiding by the laws that are set in that country are essential to that business and its success. A company needs to know how to resolve issues that will come up in the daily running of the business. Being sensitive to religious and cultural norms will not only help with the moral of employees but the community as well. Adhering to the contract in which the company agreed upon will help avoid any legal action being taken against them. By following the laws and cultures of the country the business resides in will ensure success of the company and future dealings in that country. References Companies Export. (6/4/2008). Retrieved from http://export.gov/regulation/eg_main_018226.asp Olin. (2012). International Business. Retrieved from http://www.b2i.us/profiles/investor/fullpage.asp?BzID=1548&to=cp&Nav=0&LangID

Evita and Juan Peron essays

Evita and Juan Peron essays In 1946 Juan Peron was elected President of Argentina, a country located in South America. With Eva Duarte, becoming his first lady, life changed for all in Argentina. The lower and middle class were helped, even though many high class did not agree. Juan and Evita Peron were two important leaders of Argentina. Juan Peron was born in October 8th, 1985 in Buenos Aires providence to a middle class family. At age 9, he left home for a private school. When he reached 15, he was enrolled in the Military Academy. In 1924 he instructed an officers training group, which supported the fascist and Nazi movements in Italy and Germany. Peron started his political career as an army colonel. He became vice president and minister of war in 1945. On January 15, 1944 an earthquake almost completely destroyed the town of San Juan, 500 miles west of Buenos Aires. Thousands were killed. The Argentina military was there to support and help out. Juan was the leader, and it was then that he met Eva. February of 1946 Juan became president of Argentina. He married Evita, and with her help, gained support of many poor and middle class people. He legalized divorce in Argentina. September 16th, 1955 fires broke out, and soldiers fought for Peron, and his presidency came to an end. He was kicked out of A rgentina and charged with treason. He went to Panama and met a nightclub dancer, named Isabel Martinez. They married and Argentina did not approve of it. They took all the statues of Peron and Eva out. Peron negotiated his way back into Argentina after 17 years of exile. He returned to people waiting and fighting because of him, and many were killed. Peron was reelected president in the late 1970s. In late June he got a viral lung infection, and on July 1, 1974 he suffered a heart attack, and died. Eva Duarte was born in 1919 in Los Toldos, Argentina. She was born into a poor family, with a father who denied her. She was the y...

The eNotes Blog Scholarship Spotlightâ€February 2016

Scholarship Spotlight- February 2016 Every month, we select some of the best scholarships around and post them here on our blog. When you are ready to apply, check out our tips on  How to Write a Scholarship Essay. Visit   Essay Lab  if you’re looking for a writing expert  to review and provide feedback on your scholarship or college application essays! Buick Achievers Scholarship Program Amount: Up to $25,000 per year, renewable for up to four years (50 recipients) Eligibility:  Applicant must be a high school senior, high school graduate, or a current postsecondary undergraduate student enrolled full-time in undergraduate study at an accredited four-year college or university. Applicant must be majoring in (or planning to major in) a course of study that focuses on Engineering, Technology, or select Design or Business related programs of study. Requirements: Electronic application.  You may wish to gather the following information that will be necessary for the application: A list of your work experience and involvement in school and community activities Your transcript of grades (online transcripts must display student name, school name, grade and credit hours earned for each course, and term in which each course was taken) Your parents/guardians financial information from their most recently filed tax return or your own financial information if an independent student. Due Date: February 29, 2016 at 5:00pm EST. Learn more and apply The Levin Firm Scholarship Amount: $1,000 Eligibility:  Applicant must be attending college or planning on attending college or graduate school in the near future. Requirements:  In order to apply, applicants must submit a 500+ word essay on the following topic: Teen drivers account for a disproportionate number of motor vehicle crashes. While the reasons for this are varied, some observers believe that raising the minimum driving age would help address this issue, while others believe it would simply make the riskiest drivers on the road a little bit older. With whom do you agree and why? Due Date: February 15, 2016 Learn more and apply Create-A-Greeting-Card Scholarship Amount: $10,000 Eligibility: Scholarship contest is open to all high school, college and university students enrolled at any time during the latter half of 2015. Applicant must be a legal residents of the 50 United States, the District of Columbia, and U.S. territories. Requirements: Applicant must submit a photo, artwork or computer graphic for the front of a greeting card.  Designs should be appropriate for business and  consumer use. Due Date: February 25, 2016 Learn more and apply AFA Teens for Alzheimers Awareness College Scholarship Amount: $5,000 Eligibility: Applicant must be a high school student who will be entering an accredited four-year college or university within 12 months of the deadline. Requirements:  Applicant must submit an essay on a topic related to Alzheimer’s disease. Due Date: February 15, 2016 Learn more and apply