How Have Changes in the World Economy since 1945 Affected the Essay

How Have Changes in the World Economy since 1945 Affected the Strategies of Multinatioanl Firms - Essay Example The General Agreement on Tariff and Trade have not only made it equitable for all international players to be in equal footing with local businesses in a large market but it also made the complicated taxation and tariff levies more simple and standard. The agreement enabled international organizations or entities to sell products at competitive prices that are comparable to the locally produced items. Market discrimination will not be dictated by price but will be governed by the sophistications of the buyer’s taste and preference. Other changes in the last sixty years include added protection of the patents of multi-national corporations. Harmonisation of International Laws that would include the New York Conventions on Arbitrations that applies to contracts between parties of different nationalities and the Cape Town Treaty that specifically governs international assets of multinational companies. The increased presence and respect of the international business community to the International Court of Arbitration have made conducting business in the international market safer and more secure. The available mechanisms and remedy to attain justice if not an equitable settlement is now simpler and straightforward. World Trade Organization The World Trade Organization over the past decades have endeavoured to break down trade barriers that impedes the free flow of goods from one country to another or even between several countries in an emerging market. Its sole aim is to liberalize and supervise international train to ensure that every member country trade and transact equitably and fairly amongst its other members. It provides a framework in the negotiations and also provides an arbitration mechanism to disputes between countries. One of the basic tenets of the World Trade Organization is the Most Favoured Nation Clause that ensures that a country transacting or is engaged in commercial trade in a particular country is given the same treatment as that of its local industry and even its traditional trading partners. To illustrate: Products of multi-national companies dealing in China should have the same treatment as far as its regulation, governance and taxes are concerned with products manufactured within the China. This means that the shelf prices of imported goods should not be far from that of the locally produced products (Bossche, 2005). Multinational companies have capitalized on the new opportunity to expand its market to include the one provided by the other countries where their host or home country has a trade agreement with. The onus of the strategies of multinational companies therefore is to reach a wider market as possible to ensure that market presence for their products includes these new markets. Increased visibility as far as media exposure is concerned to ensure that goodwill and name recall is associated to positive information about the company and the product they manufacture. General Agreement on Tariffs and Trade The General Agreement on Tariffs and Trade is a multilateral agreement regulating international trade through the â€Å"substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous manner† (Barton, et al., 2008). This translates to the reduction of prices or the equality and standardization of tariff and tax rates to all products. The impact of which is the

Spotify Essay Example | Topics and Well Written Essays - 2000 words - 2

Spotify - Essay Example Through the two theories, Spotify has been identified to be a major competitor in the entertainment industry but lacking a high level sense of taking advantage of opportunities that it has. Some of these opportunities are key markets in key continents like Africa and South America where virtually no markets exists for the company. With the increase of technology in all of these continents, the company is in a position to take advantage. Finally, there is a recommendation for the company to have its own software to make access to music even easier. Introduction Cloud-based music-streaming services are becoming quite common of late with the advent of high speed internet technology (Boyer et al, 2007). Spotify is one company that provides this kind of service for financial gains, meaning that the company is in a highly competitive environment where it has to gain better market shares than its competitors who have been described to be in exceed in modern times. Launched in October 2008, Spotify has gone about the provision of cloud-based music-streaming service with style with the delivery of music-streaming unto both desktop and mobile phone. Another peculiar feature of Spotify would also have to do with the availability of songs that the company has in its database as the company provides wide range of songs from different backgrounds and genres; all of which forms the basis for e-commerce. 2.0 Strategic Situation Analysis The focus of this section of the paper is going to be to look at how Spotify is currently using information system to support its business strategy. 2.1 External Environment 2.11 Political The political environment of Spotify is largely influenced by both local and global legislations and regulations that are made by government to protect the intellectual property of musicians and other works of music. Depending on royalty levels however, some musicians have been reluctant in releasing their songs for use for online services by the company as t here is the fear that songs that are made available online could easily be cyber attacked (Bradley, 2010). Politically therefore, local and international legislations have somewhat affected the number of songs that the company could have access to. 2.12 Economic Spotify’s business growth and development is largely dependent on prevailing economic conditions and climates. Rising cost of living therefore affects the company’s business negatively as in such times, the larger industry to which Spotify belongs, which is the entertainment industry, is considered by many not to be a necessity but a want (Christensen et al, 1998). In effect, even though the use of information systems and e-commerce in general is expected to make products more accessible to customers, accessibility does not automatically bring about patronage in harsh economic times. 2.13 Social The social environment

Using the NO Child Left Behind Act Research Paper To Help Teachers

Using the NO Child Left Behind Act Research Paper To Help TeachersThere are a lot of misconceptions about the NCLB act, and it is only by performing research that students will be able to clear up any confusion they may have. The NCLB act is so much more than just a new curriculum that does not include tests in education; rather, it has many educational benefits for children and young adults.The NO Child Left Behind act has been called a 'federal education bill' and has many supporters. This act was originally passed into law by Congress and was signed by President Bush. The goal of this act is to help to keep poor performers from moving ahead and to stop those who have succeeded to move ahead. The act contains several different goals that need to be completed before the system can be effective.One of the goals of the act is to ensure that students will be able to learn when they should. Teachers must provide their students with a higher level of instruction so that they learn how to function at a higher level and will be able to do well on their exams.Another goal of the act is to ensure that teachers will be held accountable for all of their teaching methods. Students and teachers will have to be able to track how well a teacher teaches and which methods are working well. Teachers must be able to measure success as opposed to guesswork.The act also addresses the way students learn in class. Teachers are required to teach at all levels and to provide information to students at all levels. The act requires that educators meet federal guidelines as well as develop and revise their teaching strategies on a regular basis.Students will have to take multiple tests in order to see if they are making progress. Teachers are required to use tests as a tool to help them see what their students know and how well they can perform.Many teachers are looking for ways to deal with test preparation and are turning to the act in order to help their students. This research paper can help educators better understand the goals of the act and its implementation. With the help of teachers, the act will allow teachers to continue to teach students effectively.

The Basic Facts of Person Who Influenced You College Essay

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The Hidden Truth on College Essay Prompt 6 Examples

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