Wednesday, February 19, 2020

Multinational Enterprises and Global Capitalism Research Paper

Multinational Enterprises and Global Capitalism - Research Paper Example There are several reasons why a multinational may choose to undertake foreign direct investment. One of these reasons is that the company has been very successful in selling its product with success and efficiency, and has been successful on satisfying the demand for this product to a full extent in the area of its origin. After seeing its success in that area, perhaps the exhaustion of demand within the area, the company may be tempted to open up a second location in a different country. The main reason, in this case, would be that the company would be seeking to satisfy the demand of consumers elsewhere, at that point. It will see a profitable business investment to open up a new location near these new potential customers because it predicts a similar response from them as it got in the country it was originally operating in. This new group of customers would be an attractive basis for foreign direct investment for any company, and once it has evaluated the possible risks associat ed with the possible expansion, it will surely consider the expansion as feasible, profitable and the next logical step to their expansions and operations (Jones, pp. 74, 2005). A company will not expand to a county in which it does not perceive the demand for its product (Seymour, pp.104, 1987). For example, one can consider a company, which produces food products, which use ham as the main ingredient. This company may be extremely successful in a non-Muslim country like the United States. Here, consumers in all age groups, as well as several different socio-economic statuses, may love its product. This would logically mean that once the company finishes expanding within the areas of the US where it finds functioning feasible, it could expand to and invest in even the less developed countries because it knows by experience that its product is well accepted by people of lower-middle income statuses as well. This logic will not apply in those countries, however, which have a majority of Muslim population. This is because, even though the acceptance of the company’s product has proven to be high amongst previous consumers, these new Muslim consumers would not warm up to them because their ingredients include pork, which they do not eat. In this regard, even when a product has been popular in several countries, the company will have to make several other inquiries before it can assume whether it is a good idea to undertake foreign direct investment in a newer area. In other words, the product needs to be tested in any region to where the multinational corporation (MNC) wishes to expand because, without that, the FDI will have very slight chances of yielding a successful result. Another reason is the political stability that is present in that country. Political stability is an important factor to consider for any MNC when it chooses to undertake foreign direct investment (Yoshitomi, & Graham, pp. 30, 1996). This is because it has a large bearing on how smo othly the company is able to operate in that area with hindrances, strikes and other interruptions, which often result in large losses, which make a large profit out of their daily operations. The political stability of the country is an important factor because it affects the consumer market of the country.

Tuesday, February 4, 2020

Diversity at NIH Research Paper Example | Topics and Well Written Essays - 2000 words

Diversity at NIH - Research Paper Example It will also seek to establish the results of diversity’s role in the general performance of the company. Diversity is a difference whereby people’s differences can be many and variable. In addition, diversity can refer to people’s commitment to recognize other’s ability and appreciate their unique characteristics within an environment that promotes and celebrates both personal and collective achievements within an organization. Factors determining diversity can from race to culture to religion and even marital status. NIH is the America’s National Institute of Health agency charged with the responsibility of carrying out research related to biomedical and health services. This agency is has two parts. The first one is the NIH Extramural Research Program that takes care of all biomedical research funding outside the agency. The other one is the NIH Intramural Research Program whose responsibility is to carry out internal research for NIH (Alving, 20 09). Many due to its synergistic approach towards biomedical research best know this agency. As elaborated, diversity strategy enables a company define its mission. NIH has a mission who vision is to envision a world where mental illnesses are preventable and curable. This can happen through transformation of understanding and treatment of mentally related illnesses via basic clinical researches that can easily pave way for prevention, cure, and recovery. According to NIH, United States of America has a remarkable diversity that presents the greatest strength that this country has compared to all other nations of the world. At NIH, people believe that workers’ varied backgrounds and experiences act as an extraordinary resource that has potential that can NIH realize only through full talent engagement. In addition, NIH points out that it can also realize benefits of diversity through intelligence and subsequent drive of its members regardless of their ethnicity, race, economi c, or cultural background (Rose & Cohrssen, 2010). Generally, there is need to engage diversity as a strategic measure of realizing NIH’s goals and objectives due to diversity’s ability to generate an integrated working environment aimed at achieving success. To begin with, NIH’s power of diversity as a strategic tool in achieving the company’s mission is highlighted by the solutions it provided for societal problems. Diversity at NIH brought about increased relative proportion of both racial and ethnic minorities in the America’s population. Additionally, analysts project that, by 2020, almost 40 percent of United States’ population will be minorities. Therefore, NIH finds it crucial to recruit people of divergent backgrounds and ethnicities who are necessary for researching on the nervous system since it draws a wide range of expertise that ranges from multiple scientific and academe disciplines. While in the same line of research, diversi ty also provides expertise vital for computation and engineering of collected data as well as molecular, cell, and biological systems expertise that are essential in analysis of social science and clinical medicine. Diversity makes it possible and easier for bringing these experts essential for seeking to understand and ameliorate the main burdens associated with neurological diseases. With reference to NIH