Strategy in the International Enveronment Essay

Strategy in the International Enveronment - Essay ExampleThe study will also look to prepare a business excogitation for the proposed business. Population of Lagos In order to properly recognise the demographic factors prevalent in Lagos the universe of the area will be evaluated. Lagos is a small nation in Nigeria. It is one of the highest populated areas in Nigeria which contributes about 5% of national estimate. The population of Lagos was 17 million in the year 2006. The growth rate of population is approximately 6, 00,000 per annum and the population density is about 4,193 persons per square kilometre. UN (United Nations) estimates that if this growth rate continues then by the year 2015 Lagos will turn out to be the third largest mega city in the whole world after Tokyo, the capital of Japan and Mumbai in India. 85% population of Lagos is in metropolitan area and that 37% population is in land area of Lagos. According to World Banks demographic analysis the growth rate of Lag os was 8% in the year 1996 and in Nigeria the growth rate was 36.8%. That means population of Lagos is increasing ten times quicker as compared to New York as well as Los Angeles (Lagos State Government, 2011). Statistics of People with High useable Income The real GDP growth rate of Nigeria was recorded at 7.4% in the year 2010 and annual gross income of plurality was approximately 130,095.4 USD. The annual disposable income of state of Nigeria was 115,976.9 USD in the year 2010 thus the purchasing power of people on that period was 356,475.9 USD. The following table shows that peoples purchasing power and disposable income has been increasing since the year 2007 (Euromonitor, 2011). Year GDP Measured at Purchasing Power (Million international $) Annual Disposable Income (Million USD) 2007 292,409.20 97,329.80 2008 310,743.60 113,613.30 2009 328,915.70 101,762.00 2010 356,475.90 115,976.90 2011 387,999.60 117,355.00 Source (Euromonitor, 2011). According to report of 2006, less t han half of the classs are employed. The average unemployed persons per household were less than 3. It reveals that there were more unemployed persons in the household than employed. From the perspective of household heads almost 92.6% was employed and 0.8% was unemployed. House heads earn more than their spouses and other members of household. The number of spouses and other household member in the income group among 10,000 ? to 30,000 ? is higher than household heads. In this income group, the proportion of household head was only 34.3% compared to proportion of spouse which was 61.7%, and other household members proportion was amongst 67.9 % - 80.9%. Proportion of household head whose income level was 90,000 ? and above was 8% and spouses proportion was only 2% (Lamata, 2005). Average household income of Household particle (in %) Average Monthly Income (in ?) Household Head (%) Spouse of Head (%) 10000 30000 34.3 61.5 30001

Fifth Hour Essay Example | Topics and Well Written Essays - 250 words

Fifth Hour - Essay Examplekers through some of the huge strides that people have made throughout the world in an attempt to ensure equity for all irrespective of racial origin. In like manner, I admired how contributors across diverse races aired their opinion with assertion and charisma.The event was beneficial to me in several ways as I learned that for a state or a nation to succeed, its occupants must domiciliate the diverse cultures that exist within it. For that is what brings the difference between successful and failed states (Munin 188). Moreover, I learnt that racial understanding is of great significance in the current job trade as various organizations always open their doors in different nations in an attempt to explore international markets. Over and above, the event made me learn that sticky existence with our brothers and sisters of unlike originality is beneficial in our development through life, as they play a role in bringing the best out of

Evaluate the impact of Fairtrade Essay Example | Topics and Well Written Essays - 2000 words

Evaluate the impact of Fair mint - Essay ExampleAlternative trade organizations that are based on philosophies of well being of environment, and alike social justice are creating new channels for marketing and trade a doggedside conventional agricultural export sectors. Social responsibility and ethics birth become an important factor in consumer marketing which provides an organization with competitive advantage with respect to its competitors.The changes that are brought about by middling trade cause to be looked at first to analyze the impacts of fair trade. One has to consider in this regard the changes that were not possible without the existence of fair trade. When the existence of fair trade benefits farmers, they start to control a significant part of the production chain and also employ workers. When farmers who are certified by fair trade employ workers, those workers have a high standard of living and a working condition that is considered better. If workers have a sta ndard of living that is considered better, they will rate more money in their childrens education.Favourable economic opportunities are provided by fair trade to small farming families such that they also gear up the opportunity to join manufacturing organizations and produce products with market specifications. These farmers are considered to enjoy higher and inactive incomes as compared to those farmers that sell in the conventional market. Buyers pay a stable minimum price known as fair trade price to cover the sustainable cost of production. There also exists opportunity for pre-financing and also contracts for long term planning. It also has an increased access to the export markets (Bassett, 2010, pp. 44-49). The fair trade price is considered to have a lot of significance when in the volatile cosmea the prices of commodities and products fall below the cost of production. Importers tend to import the products of fair trade in their respective countries for further process ing of such products and to sell those products themselves or

Customer relations Coursework Example | Topics and Well Written Essays - 750 words

Customer relations - Coursework ExampleCurrently, evaluating HSBC operations in not only when at its country of origin but also globally at this bank has established approximately 7,000 centers in 81 states, which is a tremendous transformation (Bentahar, 2013). However, HSBC despite reputed with the use of intricate and up to date technological knowhow, it ought to devise effective strategies towards maintaining high rough edge in the market. 1. CRM Platform at HSBC base on the Actors-Strategy and Tools HSBCs platform comprises of segmentation approach evident from varied categories of clientele. These embrace both local and global customers whereby each category has varying translucent subcategories based on their respective needs like Premier group, which the bank has ensured a specialized team with an executive to cater for their varied financial needs. Mainly, this room of segmentation is to ensure the bank avails effective and appropriate services to clients based on thei r needs. Hence, get feedback and act on it triggerly, which is an essential strategy in both global firm aspiring to thrive in a competitive market. Mainly, diverse segmentations usually grant the bank an elevated platform whereby it is capable of intentional exactly clientele needs, hence use current technological knowhow as a tool in acting promptly. ... 2. Service/Sale Profile that fits with HSBC Where, ERP - endeavor resource planning ODS Operational Data Store CIF Cost Insurance and Fleight 3. Recommendations meant to enhance CRM quality at HSBC HSBC in its quest to maintain high aggressive edge in the market, it ought to embrace fully current technology in all its aspects. These encompass initiating instant communication, which will enable clients irrespective of their locations globally move with departments or banks sections of their interests. This is especially to make consultations and inquiries concerning varied issues pertaining to services offered by HSBC (Benta har, 2013). Hence, act as a one-stop-shop whereby customers are capable of managing their finances as well as other services like insurances wherever they are instead of allocating time meant for physically visiting varied branches globally. I would also notify the Bank to increase numerous and varied options for its clients. This is because people have varied and numerous preferences when it comes to banking or managing their respective wealth. Because this will make HSBC be in a better position to beat all other players in the market by offering their respective clients more flexibility than other banks. Some options that whitethorn be appropriate to clients in availing adequate flexibility embrace, payment methods, delivery of parcels, online money transfers at considerable costs, and receiving of financial statements at predetermined intervals suggested by clients. Hence, prompt HSBC focus its attention in fulfilling clienteles interests, which not only contribute to high custo mers retention rate but also attract others who whitethorn be seeking similar services. In addition, HSBC after implementing CRM

BRIEFING REPORT TO THE SECRETARY OF STATE FOR ENERGY AND CLIMATE Coursework - 2

BRIEFING REPORT TO THE SECRETARY OF STATE FOR ENERGY AND CLIMATE CHANGE ON FACTORS TO CONSIDER IN THE PREPARATION OF A NEW ENERGY BILL FOR THE UK - Coursework ExampleThe only problem is that, this perspective of price reduction fails to reach the extreme end that is anticipate by most people 1. After the substantial falling of the wholesale botch up prices in the course of the year 2014 as well as the rock oil prices in the time frame of just 6 months, they logically desired for a bigger drop with regards to their energy prices. When various suppliers however announced of the ensuant price cuts, all of them were almost at the single digit reductions.The bill prices often take time to fall to more appropriate prices due to various outstanding reasons. First and for most, the natural gass cost does not essentially have any link to the oil prices. The other factor is that, the gass wholesale price is part and parcel of the bills segment. For instance, the gas that most individuals are using up-to-date was probably not bought at the current wholesale prices. This is to mean that constant variations tend to occur when it comes to this matter of energy bills.The secretary of state should also bear in mind that on that point are various undertakings or make ups when it comes to the aspect of energy bills (either electricity or gas bills). According to the British Gas, Around 42% of an individuals bill is determined by the energys wholesale prices 3. This is the entire gas and electricity cost that is mutually bought by the British Gas on wholesale unit. It is also worth to bear that while gas prices falls by almost a third of the total value, electricity has rarely fallen.The beside chunk of the gas bill that is approximated to be at around 27% encompasses the total network costs. They are the wires and pipes that bring the electricity and gas home. They are ordinarily owned by a number of distribution companies including the National Grid, which often charge people a substantial amount for their usage. The charged fee is usually overseen by a body known as Ofgem, which is taken as the ultimate regulatory unit, and has

The Monk & The Riddle Essay Example | Topics and Well Written Essays - 500 words

The Monk & The Riddle - Essay ExampleMy viewpoint contradicts Komisars concepts that attribute losses or failures to have close relations to entrepreneurship. It is strike that Komisar relates failure as justified in entrepreneurship while associating factors such as interest as sole motivators of innovation.Komisars adventure with the Monk through their prompt up hill and back without paying for the services contradicts entrepreneurial primary and core goals (Kosimar 5). Komisars actions involve shifting of entrepreneurship focus from harnessing the motivation to make profits. Instead, Komisar advocates sideline for passion, gaining experience and satisfaction as vital entrepreneurial goals. I believe an individuals success in relation to entrepreneurship involves gaining and earning profit from initial groovy investments. Similarly, it is surprising that Komisar recommends his own experience involving loss value in as a means of success in entrepreneurship. Based on my viewpoint , Komisars information is surprising in relation to other entrepreneurial contexts because it involves accepting losses and lack of vision in developing an enterprise can cause failure.Lenny is a visionary character and ready to make bold decisions. I perceive Lenny as possessing boldness because of his willingness to interact and share his problems. He identified that horny could embolden him. Based on my viewpoint, Lennys character can allow him to take risks and, therefore, is a great entrepreneur. Randy expressed willingness to listen to Lenny for several reasons. First, Randy is aflame to assist individuals who are confident to take the most for their entrepreneurial roles. I perceive Randy as a proud character who believed he still other people better than they did (Komisar 23). Risk takers such as Lenny are always willing to bet everything for their urge to set up entrepreneurial enterprises. Second, Randy expressed concern about the plight of

Adopting Strategy and Operations Management Essay - 30

Adopting Strategy and Operations Management - Essay ExampleThe author of the paper states that for the companys operational perspective, they would be losing millions from the sales due to this market stagnation, but they must also augment it and continue and salvage what profit that could be had. Their target customers should be well inform of which stores are still operational so that somehow profits could still be derived while even offering discounts to entice the market. Business is al counsels a gamble it is something indefinite, uncertain, and ever-changing. It is important to be readily flexible in shifting and adapting operations should a profitable venture present itself. In an article by Sam Grobart for Bloomberg, he cites that mobile ads are garnering much profit for the companies that engage in it. In this age of social media and smartphones, the bridge of communication to the consumers can be easily bridged, which is why many companies should be shifting their attentio n into this. Google, which garners the most profit out of this, has also adopted its operations in a way wherein Android devices could also benefit. With the introduction of mobile-payment schemes, they have enabled their advertisers to have more of a monopolized attention to the consumers through their smartphones