Shaping the Development of Business in Canada Essay

Shaping the Development of Business in Canada - Essay Example Additionally, Canada enjoys a better market environment that emanates from political stability and pleasant government policies on business. All these factors promote the development of business in Canada. Hence, despite the growing market competition, business in Canada is vibrant and plays a fundamental role in the economy. Foreign investment is also a significant aspect in Canadian business. Many Canadian companies have adopted a corporate strategy to venture international investment with an aim of increasing their competing advantage in the global economy (Foreign Affairs and International Trade Canada 1). Actually, the total value on Canadian foreign investment supersede that of foreign direct investment in Canada since 1997 (Lennox and Bow 150).Foreign investments in Canada promote access to overseas markets, access to more resources, reduce input costs, new technologies, and provide better support to foreign customers (Frigon 1). Indeed, foreign investment in Canada is both di rect and portfolio with both types bringing significant contribution to the Canadian economy. Actually, foreigners who enjoy the annual interest, income, and dividend payments mostly control Canadian economy. This draws the significance of foreign investment in shaping business in Canada. In addition, resultant technological advancements, new management ideas, and implementation of international trade policies will benefit and shape business in Canada. This guarantees higher productivity, increased exports and employment, superior competitiveness, and rampant growth of the Canadian economy. However, these investments are at risk of political instability, expropriation, uncertain regulations, and weak... This essay approves that the government has adopted and negotiated international agreements that govern international trade and foreign investments. For example, the government of Canada adopts a policy of negotiating and adopting the Foreign Investment Promotion and Protection Agreement that governs bilateral trade activities. Actually, Canada its FIPA model in 2003 with an objective of enhancing clarity in the substantive obligations, disciplining and improving efficiency in the dispute settlement procedures and promoting certainty and transparency in its business environment. The participation in foreign investment guarantees access to diverse markets, new technologies, reduction in input costs, and availability of business resources. These factors lead to business profitability and further business development. This report makes a conclusion that there are a number of features that would significantly shape the development of business in Canada such as Canada’s â€Å"storehouse of resources,† foreign investment, government policies, the role of entrepreneurs and family firms, big business, and banking and finance. However, though all these features are relevant and significant in this context, government policies stand out as the most significant feature. Additionally, there are various government policies relating to business regulations, financial support, international agreements, registration, licensing, and legislations that take important roles in shaping development in business. These policies are subject to changes and apply selectively. All government policies aim at developing domestic and international e- commerce in Canada.

Case analysis Assignment Example | Topics and Well Written Essays - 500 words - 3

Case analysis - Assignment Example For example, in 2010 the company recorded low profits for the holiday quarter. The management blamed the sluggish global economy for the decrease in profits. Additionally, the Wal-Mart’s management argued that the cuts in food stamps would have a negative impact on the profits. They further singled out high taxation, reduce in government benefits, and tighter credit as threats to the store’s profits. 4. The store evolves around with social trends. For instance, Wal-Mart’s top management has embraced online shopping. Additionally, the business goes in line with the customers’ demand for healthier foods. However, Wal-Mart did not embrace the use of technology early. The store’s founder, Sam Walton, did not care about technology. Currently, the store’s website is behind its competitors. Their marketing in the social media did not yield much success. The alternative is for the store to give the best customer experience to its customers and hire employees that would give better service to the customers. Additionally, they have to make their business more attractive by making classy colors inside the store. Furthermore, the store has to give low prices to their goods. An improvement in the store’s public image will be a sign that they have improved the customer experience. If there will be an increase in the number of customers, it will be evident the store has reduced its prices and the goods are more affordable to all. A general rise in the profits will indicate the store has implemented all its alternatives. The company will be in the right direction if it improves the customer experience. However, no one can fulfill human wants because they are insatiable. Additionally, a reduction in price in order to attract more customers would hurt the store’s profits. The paper recommends the store to open more branches. It will make the store become more popular globally. The management should consider more

Culture and International Business Essay Example | Topics and Well Written Essays - 750 words

Culture and International Business - Essay Example Yet, McDonalds own brand also gave the company problem that is more pronounced than any other american brands. Perhaps there are no other American brands which had been patently labeled and stereotyped as a symbol of American imperialism than that of McDonalds. This issue is magnified by the fact McDonalds typically becomes a target (usually by vandalism) everytime there are protests against the American government abroad. The irony of it is that perhaps there are no other fast food chain in the market that exerts that much effort than McDonalds to assimilate with the local culture where it operates. Its franchises outside of North America are not even run by Americans but by the locals who took pains to customize its offerings just to cater to the local preference. But no matter what it does, McDonalds will always be associated with American imperialism. This misconception about McDonalds is not only limited to cultural labeling but extends to social status as well. Section II: McDo nalds, cheap yet classy? McDonalds is also having a social stratification issue on how it should position itself in the market. Shall it serve the mid section and upper section or the upper section of the market? Market response is ambivalent that it proves difficult to categorize which market should McDonals concentrate. In emerging markets such as Russia, China, even including South Asia, McDonalds is considered to be a restaurant that is a class above the rest and highly esteemed as a brand. Eating at McDonalds can even be considered as a status symbol. Yet in its major market in the United States and Europe where it derives two thirds of its revenue, the fast food chain is considered to be a cheap food, something to be eaten just to survive not to mention unhealthy. As a food, McDonalds does not have the respect in its major market compared to the esteemed it have in emerging markets. In UK, it even came to a point that McDonalds will be taxed alleging that it is damaging people ’s health and costs the health care substantial amount. In the United States, parents are even suing the company for misleading them over its nutritional value. These ambivalence of market’s reaction towards McDonalds makes it difficult for the company to adopt a universal market strategy to penetrate the global market. What it does is to constantly adapt to the eccentricities of its local market whose magnitude of its assimilation may have already changed the company itself. Section 3. Who influences who with McDonalds? In its effort to assimilate with the preferences of its local markets, McDonalds customizes its menu in a myriad of ways to the point of departure to its original menu. In Germany, McDonalds can be served with beer. In Israel, McDonald’s burgers does not have cheese. In India, its patties are not made of beef. In UK, traditional supersize meals are no longer welcome and is replaced by healthy offerings. The list goes on and on with the changes M cDonalds have implemented just to cater to the differing taste preference of its local market. These change is not only limited to McDonald’s food offerings but also extends to its suppliers. Along with the changing menu is also the change of suppliers to make such change in menu possible. These change in suppliers makes it patently un-McDonald because a

Health Care Associated Infections and UK Screening Policy Essay

Health Care Associated Infections and UK Screening Policy - Essay Example Bacteria can survive in people without harming them like they can continue to exist on the skin or in the gut. Some HCAIs are caused by bacteria when they actually enter the body in the course of surgical treatments or wounds. Infections are normally cured by antibiotics. However, in certain circumstances, a number of bacteria may become resistant to antibiotics. This leads to complications in treatment of those infections. Antibiotics have the potential to supplement the natural ability to protect the body against bacterial infections. Antibiotics protect the body from bacterial infections by killing bacteria (bactericidal) or by discontinuing the process of their multiplication (bacteriostatic). Bacteria adjust to antibiotics by attaining resistance genes. Bacteria with resistance genes are not affected by antibiotics and continue to survive and also keep multiplying other bacteria that are without resistance genes. The reasons for which bacteria get resistant to antibiotics are as follows. Excessive use of antibiotics increases the probability of bacteria to get resistant to them. Antibiotics were being used to treat disease and illnesses that are not curable by them like flu and cold. In the recent years the recommendation for antibiotics has shown a declining trend by general physicians. Antibiotics courses are often left incomplete. People often leave the medications considering themselves fit, regardless of the doctors’ advised time period and dosages of antibiotics. This careless attitude and irresponsible act leaves bacteria alive and they continue to multiply, become resistant and are transmitted to others. Once people stop using the prescribed antibiotics they use the extra amount for some other infection. This further worsens the situation as different antibiotics cure different infections. Self-medication does not benefit the patient of cost cutting but it costs them higher in the future. In addition the use of random antibiotics from the self

Public Service Electric and Gas Essay Example | Topics and Well Written Essays - 4000 words

Public Service Electric and Gas - Essay Example Organisational change is the implementation of new thoughts and activities by a company. Organisational change is important in the sense that it can increase the efficiency of employees by achieving the goals. There are numerous challenges for change in organisation culture. To make the change successful, there is need to focus on developing association with stakeholders and unions. Organisations need to commence appropriate change program for successful change (Sengupta & Bhattacharya, 2006). The essay will describe the change in safety culture of PSE&G. PSE&G had faced several challenges in order to administer changes in safety culture. It was a long changing process which resulted in success. Reason for Change The change in safety measures of PSE&G had started in the year 1999 by virtue of cultural change. The reason for the change is to ensure safety of employees of PSE&G. It has almost 6500 employees and 32 factories. PSE&G had encountered recordable accident rates and loss of w orking days because of safety. In the year 2005, according to the Occupational Safety and Health Administration (OSHA), the loss of working days had become 0.33 by the year 2007 (Simon & Cistaro, 2009). The following table shows the employees injury rate of PSE&G from 2001–2007: Source: (Simon & Cistaro, 2009). Organisational Design Issue The major design problem an organisation often confronts is the selection of horizontal differentiation and vertical differentiation which let organisation to manage the actions of employees for accomplishing the objectives. The following are major design issues that can be faced by an organisation: Source: (Jones & Mathew, 2008). Vertical Differentiation: Vertical differentiation is the method of forming the hierarchy of power and develops reporting connection to connect organisational job with organizational units. It helps to manage the actions and enhance the capability to develop a value of any organization through establishing the allo cation of power (Jones & Mathew, 2008) Horizontal Differentiation: Horizontal differentiation helps an individual to be specialised and be more dynamic. However, this type of delineation hinders the communication between divisions or units and averts people to learn from one another. As a consequence of horizontal differentiation, people of different units create a propensity to see one’s job strictly from the perception of the time structure, objective and interpersonal course of other’s unit. When different jobs are viewed differently, communication becomes unsuccessful and coordination fails between units (Jones & Mathew, 2008) In cultural change, PSE&G had faced problem of matching the ‘Standardization and Mutual Adjustment’ issue. In every organisation there are certain regulations, SOPs (Standard Operating Procedures), traditional values and standards which specify how an employee can carry out the organisational task. In PSE&G, the employees were en gaged in performing job according to their own rule and they tended to take risks. Besides, there were also communication issues which had occurred from vertical differentiation. Thus, there was need for better interaction between management and the union to resolve the differentiation problem in cultural change process (Jones & Mathew, 2008) Cultural Factors The apt organisational culture can result in better employee performance. Organisational cult

What practices pay off best and under what conditions Assignment - 1

What practices pay off best and under what conditions - Assignment Example It is the consideration between the employers and themselves. It is usually a reward for a job done, directly related to the efforts applied in performance of the work. In merit pay/cost of living adjustments form of pay, the employees are paid in relation to past work behavior and cost of living (Belcher, 1996). An increase in merit is triggered by work behavior recognized in the past and the adjustments in the cost of living. The cost of living consideration raises the merit of all the employees without regard to the performance. This form of pay is mostly beneficial when the employer is assured of commitment and professional skills of the workers. This form of pay will work towards ensuring that there is low employee turn over as most appreciate that the employer is considerate enough. Adjustments of pay in relation to the cost of living encourage the employees to be loyal to the company and to increase their output. This form of pay is particularly beneficial to the employees as during harsh economic times they are assured that the employer will adjust the pay in their benefit. The pay system brings on board various groups of people and this determines what they perceive of the company or the employer. The society or the community considers job compensation often referred to as pay as a measure of justice towards the employees. It is the society’s belief that benefits extended to the employees are a reflection of the level of justice in the society. The most beneficial form of pay to the employer is the incentives or the variable pay. In this form of pay, pay rise is triggered by performance of the employees. Some of the assumptions of the variable pay method are: some employees are more productive than their peers; some perform better and are better equipped with technical skills; better performance should be rewarded; and some of the employees’ earnings should be directly proportional

Designing a Research Project Essay Example | Topics and Well Written Essays - 3000 words

Designing a Research Project - Essay Example Today the progression of technological expertise has made it feasible to fetch the consumers throughout the globe at the virtual store where the individuals are permitted to look through, pick, try out and pay without being actually there at the shop. This hi-tech development has in turn stimulated the quantity of competition among the companies and the procedure of modernization has been incessantly tailored by every company with the aim of drawing the consumers. A nation’s wealth is exceedingly enthused by the manufacturing and utilization phase on one hand. However on the further side the sequence of fabrication and utilization is completely reliant on the demand of the purchasers and the availability of products by the market person as per the demands. Consequently it is the primary aim of every company to persuade and please its consumers and provide them with the claimed goods and services. The aim of this research is to find out the marketing strategies taken by electronics giant Apple to reach its targeted consumer for the product iPhone. Being the most innovative organisation in its sector and having largest market share in the developed market it is challenge for Apple to reach its entire customer with limited time period. This study will help people to understand Apple’s iPhone marketing strategy in this ever changing competitive world. For this research both primary and secondary research approach will be taken. For primary research both qualitative and quantitative questionnaire will be made and distributed among the respondents. For qualitative questionnaire interview method will be used and for quantitative questionnaire survey method will be used. Probability sampling will be used for quantitative data collection method and non probabilistic data collection technique will be used for qualitative data collection technique. When a company fails to make available the vital