Internalization theory best explains CEMEX’s FDI Essay

1.Which theoretical explanation (or explanations) of FDI best explains CEMEX’s FDI? 1.Internalization theory best explains CEMEX’s FDI because CEMEX entered into many countries and bought domestic cement businesses instead of licensing. CEMEX has a great system and needs to protect it from competitors. 2.What value does CEMEX bring to a host economy? Can you see any potential drawbacks of inward investment by CEMEX in an economy? 1.The value is that CEMEX has a â€Å"Midas touch† that transforms a cement business into a thriving business. This brings great stimulation to the host economy and also helps in the construction field, which in turn helps to build cities and civilization. No, CEMEX would do well to invest inwardly, yet, CEMEX is better at acquisitioning businesses. 3.CEMEX has a strong preference for acquisitions over greenfield ventures as an entry mode. Why? 1.Acquisitions are solid because the business in the host economy already knows the demographics and the market. CEMEX just has to make the business better with little research. A greenfield venture would prove risky and not cost effective. 4.Why do you think CEMEX decided to exit Indonesia after failing to gain majority control of Semen Gresik? Why is majority control so important to CEMEX? 1.A licensing is very dangerous. CEMEX only have a 25% push with Semen Gresik. It did not have full control and the methods of CEMEX would be exposed and vulnerable to be stolen. CEMEX has a great system and does not want anyone interfering. 5.Why do you think politicians in Indonesia tried to block CEMEX’s attempt to gain majority control over Semen Gresik? Do you think Indonesia’s best interests were served by limiting CEMEX’s FDI in the country? 1.Indonesian politicians did not like the possibility of CEMEX taking over the cement market. Their interests were in domestic businesses and protecting the â€Å"purity† of their economy. No, Indonesia would have benefitted greatly if CEMEX was allowed an in. 6.What is CEMEX doing today? Do they still engage in FDI? 1.â€Å"MONTERREY, MEXICO- OCTOBER 8, 2010 – CEMEX (NYSE: CX), announced today that pursuant to the exercise of a put option by Ready Mix USA it will acquire its partner’s interests in the two joint ventures between CEMEX and Ready Mix USA which hav

Employability skills Coursework Example | Topics and Well Written Essays - 1000 words

Employability skills - Coursework Example This paper is going to provide an insight into the responsibilities and performance targets to transform Aveda into a multi-million dollar organization. Evidently, holding a managerial position requires certain critical skills that I must strive to develop and apply, in order to ensure that I can handle my responsibilities effectively. As a manager at the Aveda Corporation, experience has imparted critical knowledge in me, and I have the capacity to define my responsibilities and targets (â€Å"The Importance of Effective Management.† 2014, p.56). This involves having personal goals as a leader, and exhibiting pertinent understanding of the roles that I must play. Notably, a managerial position requires an individual to strike a balance between tasks and people. This places a critical need for me to exhibit an in-depth understanding of the tasks, and the needs of the employees belonging to my team. Some of the responsibilities and targets would be as follows: Shortly after being employed at the Aveda Corporation, I faced a major setback in my position. My team had the task of meeting certain sales percentage within a period of six months. During this time, the company had launched a new product, and effective marketing was required to ensure that it obtained a niche in the competitive market. I was working with a large marketing team, and I faced challenges in ensuring that all the activities were coordinated. This messed up the program, and the scheduled six months proved insufficient for the completion of the marketing campaign. This placed me under the compulsion to design new strategies of ensuring that the team’s output rose, in a bid to complete the task within the stipulated time (Brower & Balch 2005, p.67). Still, the team was unable to complete the task in the 6 months, and extended until 9 months. This compelled me to reflect on strategies that I could have used to ensure that my team

Organization Structures & Communication policies Essay

Organization Structures & Communication policies - Essay Example (Portfolio Managers). It is also evident that the work of Jane involves portfolio mgt to small clients. Therefore it is father ambiguous that she also reports to the same Portfolio Managers who had their own clients. In the case of Dylan the same situation exists when he subdivided on daily reports to Joseph the field Manager in terms of contracts and Bristol the general Manager. In both of this cases the Companies should establish a clear chain of command of Dylan and June in terms of communication (upward communication and downward communication). The about the organization structure in company K is centralized, thus Dylan has to coordinate activities by use of North America office. The disparity in geographical region brings about the anomaly about international communication in responding to client's proposal, making it more complex and difficult to meet clients demand. The communication process has it that, for organizations to function, individuals and teams must coordinate their efforts and activities carefully. The football coach for example has to tell his team what plays to run. Therefore lack of key communication channels manufactures poor co-ordination leading to poor personnel and organization performance. Communication is social glue that keeps companies together. (Bristol Ito/Azuna Gichin and Tanaka) any information for contracts has to be approved accurately to the rigid chain described as their order. For Jane any decision has to pass through the Branch Manager but little mention is that of the head office. It seems the CTF is a bit decentralized in terms of decision-making. For instance when Jane requires to being a Certified Financial Planner, she approaches the Manager instead of the Head office. A Critical Exposition One shortcoming in embracing Matrix structures in management of organization's is that it waters the principals of good communication flow in organizations. Since communicating with employees is inclined towards a centralized approach. According to Walton business philosophy, communication is presupposed to be open minded," Sam's Rule for building a business" supports that you should Communicate everything you possibly can to you partners. The more they know, the more they understand the more they'll care. Once they care, there is no stopping them. K group of Companies however fails to achieve a business model that harmonizes activities due to the setup that has been exploded in different geographical backgrounds hampering the effective flow of information. For example Company K is contracted with a monumental project, the management portfolio, is designated to Joseph who is based in Vancouver. The company goes ahead making decisions from respective regions without following better communication channels. This is evident when the client is put in darkness thus breaching the communication protocol. Motivation Theory. Traditionally someone who gets a new job receives not only a salary but also a standard set of fringe benefits such a health insurance, life insurances, a paid vacation and a retirement plan. These days however, these basic benefits are not enough to bring job prospects through the door. The incentives that motivate today's employees are far more varied and in many cases, truly lavish. Both companies seemingly provide for esteem needs. Dylan feels the office held does not have sufficient authority to go

Management (Bounded rationality) Essay Example | Topics and Well Written Essays - 1500 words

Management (Bounded rationality) - Essay Example Emotions act on a wide range of situations causing biases and errors (Rabin 1998). In short this means that in certain circumstances the complex, human logical apparatus ceases to process rationality, which establishes grounds for the emergence of bounded rationality. "The other is that in interactive situations of complication, agents cannot rely upon other agents they are dealing with to behave under perfect rationality, and so they are forced to guess their behavior. This lands them in a world of subjective beliefs, and subjective beliefs Bounded rationality plays on suggestion. Bounded rationality could affect managers, because there is not enough information for the manager to make the rational decision. In such occasions, he has to rely on suggestive guesses and interpretations. This may create errors and mistakes in the strategic course that the organization is taking. Beach (1996) describes the implicit favorite model of decision making. First, the need for taking a decision is determined. Then, alternatives are identified and a selection for the implicit favorite alternative is chosen. Afterwards, criteria must be established to match the implicit favorite and alternatives a compared with the implicit favorite criteria. At the end the implicit favorite is confirmed and finally selected. ... The selection can be influenced by the salary, proximity of the office, extra working hours, business trips and job position. How could you utilize the intuition in making your decision And when The business world is a dynamic one and recently is has become less structured too. Thus, managers are forced to use their intuition in essential situations especially when there is lack of information. Intuition is often mistaken for emotions, though. Although intuition is formed in subconscious level, the intuitive decision making is a combination of quick qualitative and quantitative analyses (Quinn 1980). Intuition can help decision making, because it is based on past experiences and knowledge deeply rooted in your subconscious rational thinking. Thus, relying on our intuition can aid us in situations when there is little information available. Intuition can be used in situations when the circumstances are rapidly changing and there is no time for analyses. Intuition is needed also in expedient decision making when the problem is poorly defined and structured. If the deal is not structured, incomplete, there are conflicting points or ambiguity, intuition is required. Perceptual blinder is one of four reasons that increase the escalation of commitment, list the other three and elaborate on the Perceptual blinder We can define escalation of commitment as the tendency to invest additional financial resources in seemingly losing non beneficial projects, because they cost already lots of efforts, money and time. The perceptual blinder can influence the escalation of commitment on the bases of emotions - fears or anger. Staw and Ross (1987) summarized several reasons for the formation of

Good Life Essay Example | Topics and Well Written Essays - 500 words

Good Life - Essay Example Let your clothes be fresh, bathe yourself in water, cherish the little child that holds your hand, and make your wife happy in your embrace; for this too is the lot of man. (Lawall & Mack 32-33) Siduri, herself, being a woman and being the maker of wine, represents sensual pleasure. Is it not; the woman is man’s object of sexual pleasure and desire? And is it not; wine tastes too good to man’s appetite? Furthermore, Siduri’s words also imply that if immortality is to gods, having the best in life is to man. So, in life, man should seek the best and the most in life. Just like what most of us believe today: Life is short; so, live it to the fullest. For Enkidu; I loved him dearly; together we endured all kinds of hardships; on his account I have come, for the common lot of man has taken him†¦ Since he went, my life is nothing; that is why I have travelled here in search of Utnapishtim my father; for men say he has entered the assembly of the gods, and has found everlasting life: I have a desire to question him, concerning the living and the dead.’ (31) Understanding these words of Gilgamesh, good life means having the wisdom to fully understand life. However, this can only be achieved if man learns to love, just like what happened to Gilgamesh and Enkidu – Enkidu sought for life because he felt sorry to leave Gilgamesh forever, while Gilgamesh lost the pleasures of life with the death of Enkidu. As we understand what is truly good in life, we come to learn that good life is hard to achieve, because it is more of a responsibility than pleasure: "Reed-house, reed-house! Wall, O wall, hearken reed-house, wall reflect; O man of Shurrupak, son of Ubara-Tutu; tear down your house and build a boat, abandon possessions and look for life, despise worldly goods and save your soul alive† (35). Furthermore, leading a good life is filled with trials and challenges: â€Å"†¦ was it for this that I toiled with my hands, is it for

Digital Technology in the Film Avatar Assignment

Digital Technology in the Film Avatar - Assignment Example The creatures of Na’vi were not only virtually designed but the whole Pandora, landscape, flora, and fauna add to the believability of the world (Valk & Arnold, 2013). In 2010 the movie was selected for eight British Academy Film Awards and won the BAFTA prize for Best Production design and unique visual outcome. Stereopsis is an optical illusion where our brain sent our eyes the signal to visualize a two-dimensional object as a three-dimensional object. This optical illusion has been used as a trick in the 3D film Avatar. The film has used high tech active glasses side by side liquid crystal display (LCD’s) in place of lenses. The two LCD’s opened and closed alternatively and synchronized with the images on the screen via radio transmitters in the theatre thereby inducing the brain of the viewer to form a three-dimensional illusion. Except for few sequences, there was no camera used in the studio where Avatar was made. The actor’s movement was recorded by motion capture which suited their body movements and facial expressions. James Cameron integrated the digital image of the characters with a 3D image of the virtual environment of Pandora generated in real time so that he could see the 3D world as he directed the movements of the actors and could remake a scene if he di d not like it (Straubhaaar,2013). Visual effects can be described as animation done in support of â€Å"live action plates† and it is primarily about surroundings and noncharacter dynamics. Avatar takes this idea further. The technology of visual effects makes us believe that fantasy places like that of Na’vi’s Pandora as depicted in Avatar exists in reality. From the beautiful landscape of Pandora to the rich regal blue skin of native, to the techniques used in battle scenes, Avatar was a medium for visual pleasure. Visual imageries have played a significant role in the film. There was a visual similarity between the â€Å"cryo-pod† from which Jake, the protagonist emerges and the casket in which his brother’s body was cremated depicts the connection between them. Avatar has employed racial stereotypes about race and identity and offered strong female characterization. The critical reception of Avatar holds both awe and disappointment because alth ough the film employs 3-D digital performance capture it has been caught hold by old-fashioned storyline (Grabiner, 2012). Thomas Schatz noted that commercialization of film texts coincides with the shift from character to the plot. The danger as per him is that the films are continuously depoliticized as noted in the film Avatar where colonialist and imperialist subtext has been negated by the focus on spectacle, action and special effects. The film’s narrative plays a secondary role and the complex characterization is replaced by spectacularisation of narrative (Valk & Arnold).

McCarthyism’s Connection to Crucible Essay Example for Free

McCarthyism’s Connection to Crucible Essay During the 1940s to the 1950s, McCarthyism took its way, ruining innocent people lives through false the accusations of being affiliated in Communism. The innocent people that were accused and not found guilty couldn’t return back to their normal lives. One of the people that were trialed was Arthur Miller, author of The Crucible. Miller didn’t take this lightly and felt that something had to be done, so he wrote The Crucible connecting the McCarthy trials with the Salem witch trials. There were numerous relations of the Salem witch trials and McCarthyism, but there were three that stood out the most. During the McCarthy trials and Salem witch trials, innocent people endured the scare factor which brought out strange behavior, the accused couldn’t go back to their regular lives, and the accused had to endure the harsh interrogations. In The Crucible and during McCarthyism, it was prudent to go by the expectations that society presented or one may run the risk of having their reputation flawed. In The Crucible, Abigail and few other girls were discovered dancing in the woods by Rev. Parris. When Rev. Parris discovered this he couldn’t let it go, because during those times if you had time to dance then you had time to read the Bible. Innocent U.S. Government officials lost their jobs to be suspected of being Communist by McCarthy so he may move up the political ladder. During McCarthyism and Salem witch trials, the smallest evidence was used to make their accusations. In The Crucible and McCarthy trials, both include the faulty accusations and harsh interrogations that were placed on innocent citizens. During the time of McCarthyism, people lives were monitored by the government to reveal any unusual behaviors that may be considered Communist. Much of the evidence that was used was pulled out of someone’s file that may have been ten years old. In The Crucible, Proctor was thought of being affiliated with witchery for not coming to church in a couple of weeks. Proctor didn’t come because of his wife’s illness, but even this excuse wasn’t enough to get him in the clear completely. The wild accusations of the McCarthy trials and in The Crucible, created a stir within both societies that caused people to alter their lifestyles in hopes of not being noticed. The Red Scare of McCarthyism was focused in the government system and it stood for such a long time with support from people due to the anxiety of Communists being in the U.S. In The Crucible, nearly  one hundred people were trialed and found guilty of witchery in on year. Giles Corey accused his wife because she was reading a book other than the Bible. The anxiety of the fear that his wife may be a witch brought him to the court to plea his belief. The fear factor, strict expectations of society, and reputations being ruined were factors that made living during McCarthyism and the Salem witch trials nearly impossible to not become involved. Everyone during those times, presented a fear of the witch hunts that caused them to accuse people they have known for years, which kept these trials stable. No one could escape the witch hunts, and those whom did were lucky to not have had their lives ruined and banned from any jobs and spending time with your family. Both periods of time share the regret and unfortunate events that innocent people had to endure.