Ethics in the Business of Personal Investing Essay

Ethics in the Business of Personal Investing - Essay Example This paper is a critical analysis of business ethics in personal investment. The portfolio of personal investment is a series safe investment that provides returns progressively to the clients. The collection answers several questions on investment capabilities of an individual. What are the aspirations and needs of the customer? What are the financial targets and objectives required to fulfill the expectations? Finally, what is the investment strategies required in the realization of the objectives? After the creation of the portfolio, the subsequent phase rivets to seeking out the financial opportunities that have the latent for higher proceeds (Wang & Steinberg, 2010). The investment opportunities also involve an evaluation of the amount of risk about the profits. Certain options such as bond issues, stocks in companies that have a proven record of accomplished stability are also exceptional for proceeds. The thirst for returns may cause an investor to accept higher risk; the possibility of fleshing out the venture portfolio with volatile investments is thus great. The collection will include options such as buying of shares in unproven businesses, investing in new technologies that have better prospects or the involvement of fast-paced trading commodities commonly in currency trading (Hoffman, 1996). A necessity for the participation in such volatile options the investor has to have the ability to pay in the event the business does no run as projected. The development of a personal investment strategy involves careful articulation of certain niceties. First, an individual ought to acquire financial advice from a proficient financial expert. This is significant in attaining equilibrium between the necessities of today and investment for the future. An investment in a diversity of industries in a portfolio reduces the impact of specific industry risk (Wang & Steinberg, 2010). However, being overly

Business Environment Essay Example for Free

Business Environment Essay In the light of the fundamental gross and incremental changes that are constantly occurring in the external and internal business environment of organizations, leaders need to realize their organization can only survive if they recognize, anticipate, plan and implement adequate strategies to accommodate the changes in a timely manner (Toyne Nigh, 1999). Currently the organizations are facing many challenges that include global market competition, mergers, managerial restructuring, and acquisition and break up of the companies, media scrutiny, and increased business regulation, desire of employees to participate in decision making process and declining business ethics. Such increasingly and unpredictable changes in the business environment requires that the leaders in business organizations are properly and constantly aligned with the new business realities (Jain Tandan, 2006). The changes in the business organization can become a treat to the business and therefore it requires the leaders to anticipate these changes before they become real. In addition leaders also require redefining the ethical framework in order to come up with a proper in organizations in the global business setting (Toyne Nigh, 1999). If the leaders do not introduce adequate change in ethical and timely manner then the organization are likely to face difficult time and significantly reduces the chances of long time survival of the business (Gholipour, 2007). Organizational behavior Change in business environment indicates any act that makes it to be different. The factors that contribute to changes in the business environment include technology people, competition and processing of information and communication. Some of the changes in the business organization may occur suddenly without conscious efforts of leaders. Changes that occur without the efforts of the people are unplanned changes (Jain Tandan, 2006). On the other hand planned changes may be initiated by the leaders in the organization in order to achieve some objectives ands goals. Both planned and unplanned changes are met with resistance. The resistance can be covert i. e. implicit or overt/explicit. Classification of resistance to change can be classified to organization resistance or individual resistance (Toyne Nigh, 1999). Individual resistance to changes in the business environment can occur since the individuals perceive it to be a threat to their economic conditions, security and habit. On the other hand organization resistance to changes may occur because of group inertia, structural inertia, control of resources, expertise, fear of loosing power etc (Gholipour, 2007). To overcome these resistances to changes, the leaders can educate employees, go for negotiation, co-optation, coercion, manipulation and ensure that workers are involved in decision making process. For example the management can use Lewin’s three step model to manage the planned changes (Jain Tandan, 2006). Lewin’s three step approaches suggest that business organizations can develop permanent changes in the behaviors of the employees by making them unlearn the old working procedures and behaviors (Gholipour, 2007). On the other hand modern organizations place emphases on innovation and how they can learn to cope with the changes in business environment in order to stay ahead of competition (Toyne Nigh, 1999). Sources of innovations may include acquisition of new knowledge that leads to changes of perception and awareness, change of market and industrial structures, demographic changes etc. usiness organizations require to be committed in innovation and change and also change their cultures and structure in order to facilitate continuous learning of the employees. Conclusion The main purpose of change in a constantly changing business environment is to learn to adapt to those changes very quickly and also develop planned strategies to deal with the changes. Organizations need to introduce their own changes considering their size, goals and circumstances (Toyne Nigh, 1999).

Prosthetics :: essays research papers

Introduction Prosthetics is the branch of surgery dealing with mechanical devices used to reproduce the form and function of missing body parts. Prosthetics is the replacement of faulty or amputated body parts with artificial body parts. Artificial limbs have been in use since at least 300 BC. In AD 1509 German knight, GÃ ¶tz von Berlichingen, called GÃ ¶tz of the Iron Hand, wore an artificial hand with jointed fingers. Early in the 19th century a German prosthesist built a hand with fingers that could be flexed or extended and that could hold light objects, such as a pen or a hat. Before World War I (1914-1918), wood was considered the best substance for making artificial legs, but later an aluminum alloy called Duraluminum, and more recently fiber materials, have made artificial limbs both lightweight and strong. In recent years, the manufacture of prosthetic devices has developed into a science. Artificial limbs with functioning joints can simulate natural motion. Hip joint prostheses can pr ovide virtually normal mobility for people with damaged hip joints. History Artificial limbs, in one form or other, have been in use from ancient times. In 1885, a specimen was discovered in a tomb at Capua, Italy, along with other relics dating from 300BC. The celebrated artificial hand built in 1509 for the German knight Gotz von Berlichingen, who was called Gotz of the Iron Hand, weighed about 1.4 kg (3 lb.) and had articulated fingers so constructed as to be able to grasp a sword or lance. The hand is in the NÃ ¼rnberg Museum and is still in working order. Early in the 19th century a German prosthesist built a hand with fingers that could be flexed or extended without assistance and yet could still close to hold light objects, such as a pen, a handkerchief, or a hat. In 1851, a French prosthesist invented an artificial arm fitted with a wooden hand and attached to a leather socket that fitted the stump firmly. The fingers were half-closed, the thumb pivoted on a pin and could press firmly against the fingertips by a concealed, strong rubber band; the gr asp of the thumb could be operated by a mechanism attached to the opposite shoulder. The same inventor devised a leg that reproduced a natural gait and lengthened the stride. Technology Before World War I, wood was universally considered the best substance for making artificial legs. Prosthetic devices made of leather reinforced with metal bands tended to lose their shape and were therefore unsatisfactory.

Creating a Robot to Guard Property with Lego Mindstorm :: Robotics

The Protectobot Abstract My final project is to build a robot that will use non-violent techniques to keep animals out of yards. Using the Lego Mindstorm Kit I was able to complete this project. When certain animals walk by my robot, it throws gears towards the animal to scare it away. It can tell the difference between good animals and bad, and does not harm them in any way. Background For many years people have been trying to find non-violent ways to keep animals out of their yards and away from family pets. Various attempts have included motion detecting sprinklers, electric fences, fake smells, and ultrasonic sound bursts. These devices work in some cases but not in all. Motion sprinklers spray short bursts of water when they detect animals. Some animals however, like to get wet so the motion sprinklers will not necessarily work on all. Ultrasonic sound burst devices detect when an animal is near and sends out a two second ultrasonic sound burst. These bursts can be heard by animals but not by humans so they may have a hard time figuring out when the batteries run out or when it is broken. Electric fences can sometimes hurt animals, including pets that are allowed to be in our backyards. Fake smells of the animal’s enemy can also help scare the animal away. There are often unwanted animals in my family’s backyard. They eat our fruit from our trees, and tear up our grass. We have been trying to find more effective ways to keep them out for a long time. For my final project, I decided to make a robot that will detect when an animal walks by it. When it detects an animal, it will throw small objects at whatever it is that moved. I have not yet decided what it is that my robot will throw. It has to be harder than a sponge, but cannot be so hard that it will hurt something. As a warning to humans, it will make a beep noise before it throws the object. Procedures I built many small parts to put together to make my functioning robot. It is made up of the launching pad, gear/motor station, the RCX platform, and the head. I first built the launching platform. It is made up of black beams ranging in size from one to sixteen. They are put together in rows with reinforcements on the opposite sides running in the other direction. They came together to form a triangular shape with two gears at the end. I then attached gears and a motor to the platform so that the motor is able

Compare and Contrast WWI & WWII Essay

There are a lot of similarities and differences between the two world wars. A main factor, however, is that the events in the first world war basically caused most of the events to happen in the second world war. The two wars are very closely tied together and have a big relationship with each other.First off, some of the differences from the first world war to the second. If we compare the costs of the two world wars, the difference is outstanding. It is estimated that the First World War cost 380 billion dollars, while the Second World War cost 42,000 billion dollars.(militaryhistory.com) That right there shows us how much bigger the Second World War was over the first. The ways people fought in the First World War had very little in common with the way they fought in the Second World War. World War I started the trend that there was no difference between the citizens of a nation and the military. World War II finishes off this trend by bombing and killing any member of a nation, including the normal citizen . Life did not matter as much in the Second World War. Trench warfare was dominant in the First World War, but bombings and sudden aerial attacks, with highly mobile armies took dominance in the Second World War . The Second World War was not greeted with the same frame of mind like the First World War was. This war had men and women remembering the horrors of the first. It had them entering the Second World War with determination and a better appreciation of the devastation that war could bring .There were also some similarities to both world wars. Both wars were started by threats to the balance of power, and both were conflicts between entire nations and people, not the governments . Both wars started with a general war in Europe and escalated to a worldwide situation. Eastern Europe also went under transformations after both World Wars . Both World Wars included the falling of major empires. The First World War saw the fall of the Austro-Hungarian, Ottoman, and Russian empires. The Second World War saw the end of the British, French, and Dutch empires. The collapse of these empires caused similar results after both World Wars, they started conflicts among ethnic peoples with many different religions.(Historychannel.com) The major cause for the First World War was  the assassination of the Austrian archduke. This is what started all the bloodshed and battles for the first war. Nobody really saw the First World War coming, and after it was over Woodrow Wilson said it was the â€Å"war to end all wars† . So many people had died in the First World War and Wilson wanted to get something good out of it, so he tried to approve the Treaty of Versailles even though he was very ill. All the countries ended up accepting this treaty, except for the United States. This treaty was never passed and kept getting shot down until Wilson finally died in 1924 . Many people agree that nothing in World War I was worth all the slaughter. The darkness of the First World War shaped the next 20 years for the Second World War. Many events from the First World War are directly related to the Second World War. Many people agree that Adolf Hitler could not have done what he did without the First World War occurring. The cause of the Second World War was related to the failure of the peace terms from the First World War. These peace terms created as many problems as they may have solved . Another point was made that Lenin’s plans for international revolution in the aftermath of World War I, which were not fulfilled, would be fulfilled in the course of World War II .(Discoverychannel.com) At the end of the First World War, Britain, France, and Italy establish their indirect and direct rule throughout the remaining Ottoman lands except for the territory of the Turkish Republic. At the same time, the retreat of Western colonialism was happening and accelerated dramatically in the aftermath of World War II. The collapse of the Soviet Union brought more independence to Muslim societies (Historychannel.com). According to Franklin Roosevelt, the Second World War would â€Å"end the system of unilateral action, the exclusive alliances, the balances of power, and all the other expedients that have been tried for centuries – and have always failed.† We will have a â€Å"universal organization† of â€Å"peace-loving Nations† and the beginning of a â€Å"permanent structure of peace†.(Historychannel.com) Instead World War II produced a truly global Cold War. World War I generated fascism, communism, and the reversal of a century-old trend toward democracy. The conclusion of the First World War happened because Wilson came up with the Fourteen Points, which was the  best-known peace proposal for all the countries. The Treaty of Versailles was the final conclusion to this war. Wilson, Lloyd George, and Clemenceau finalized it . The conclusion of the Second World War was quite deadlier. The United States ended this war by dropping two atom bombs on Japan’s infamous cities of Hiroshima and Nagasaki . The peace settlement was started by Stalin, Churchill, and Roosevelt after Japan gave its unconditional acceptance of Allied demands. Many people agree that absolutely nothing good came out of the First World War, which I believe is true. The only thing that came out of the First World War was the setting up for the Second World War. One very good thing came out of the Second World War, and that was the United Nations and the Security Council. For once the world had a united body that they could turn to. This has seemed to be working well since we have not had any major wars since World War II. I do feel though that the United States will do whatever it wants even if the United Nations and rest of the Security Council disagree with them. A good example of this is the recent military action on Iraq. Basically, the entire UN Council is somewhat against this, yet the United States feels it’s there right to move in. I still believe though that the United Nations was a very good thing that came from World War II. There is one thing we do have to consider though. Was the bloodshed and killing of World War I and World War II worth the forming of the United Nations? Some people think these World Wars had to happen as advancement in society. But that is a whole different story.

Internationalization and Cultural Implications for Joint Ventures in Saudi Arabia

Internationalization and Cultural Implications for Joint Ventures in Saudi Arabia Introduction Brief Overview of the Topic In this literature review, it is necessary to consider the connection between internationalization and cultural implications for joint ventures in Saudi Arabia. This question is especially urgent nowadays due to the process of integration and cross-cultural communication.Advertising We will write a custom research paper sample on Internationalization and Cultural Implications for Joint Ventures in Saudi Arabia specifically for you for only $16.05 $11/page Learn More Due to the fact that the prevalent form of international business in Saudi Arabia is joint ventures, it is really significant for companies in Saudi Arabia, particular for the industrialization process because it provides immediate access to modern technologies and offers wider opportunities for the development and advancement of human resources (Mababaya, 2003a, p. 157). The increased interest in business operations in Saudi Arabia can be explained by the emerging opportunity for foreign investors to participate in the Kingdom’s industrial ventures. But what is more important is that international business relations are enhanced by Saudi’s impressive track records, respect for traditions and history, and international law (Mababaya, 2003a, p. 157). Hence, Saudi Arabia is considered to be an ideal place for creating joint ventures in cooperation with foreign investors due to many reasons, apart from the presence of abundant hydrocarbon resources. Importance of Literature Review for the Proposal Despite the fact that the country’s culture is homogeneous to some extent, Saudi people, particularly the representatives of young generations, have experience in cooperating with business partners from other cultures. Before the oil was discovered, Saudi Arabia has low rates of production and the core business operations were focused on trading (Katz, 2007). The commercial culture, therefore, assist them in becoming shrew d bargainers. Hence, due to the process of globalization and internationalization, cultural environment of Saudi Arabia has become really significant for other cultures. World market, therefore, is now more concerned with internationalization and cultural influence of the Middle East. In this research proposal, it is necessary to examine the core cultural implications for joint ventures in Saudi Arabia. The literature review presented below will prove that integration of cultural issues into the international business is very important, both for Saudi Arabia and for the foreign investors.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Literature Review Cultural Features of Saudi Arabia and Importance of Culture for International Cooperation In order to understand the process of globalization and cultural concerns related to it, it is necessary to study the peculiarities of Saudi cultures and traditions, particularly people’s strict adherence to them. Indeed, the mentality and history of the Saudi community should be taken in the deepest consideration. The importance of culture for the Saudi people and business world is proved by the researches presented below. Hence, Moran et al. (2007) has identified that â€Å"Arabs are people of great emotions and sentimentality – and sometimes of excess and extremes. They hold in high regard friendship, loyalty, and justice, and, when events and behavior go against that sense of justice, they will likely to be morally outrages and indignant† (p. 339). All those features play a significant in building successful business relations, but still one should not adhere to the presented stereotypes to a full extent. Walker et al. (2003) also agree with the assumption that cultural aspects should be carefully treated when it comes to the Middle East world. The researchers believe that the process of Westernization is rigidly confronted in Saudi Arabia, but this relates to Western culture only. In other words, Saudi culture reflects the ideas of accepting Western technology without impregnating Western culture and ideology. In particular, the Arabs â€Å"are opposed to Western cultural influences, seeing them as corrupting and debasing and potentially undermining their religious, ethnic and tribal heritage† (Walker, 2003, p. 96). This opposition proves that the importance of culture can only be conceived on the rise of the globalization process. The studies performed by Oxford Business Group (2008) have revealed that all issues connected with cooperation and trading in Saudi Arabia is closely related to Islam. It implies that all business transactions and joint ventures are initially based on conservative approaches to building relations. Hence, older generations of the Arab world adheres to strict social codes and discourages the participation of women in managing and c oncluding business agreements. At the same time, the research has also revealed that younger generations have different views on cultural issues. Like Walker et al. (2003) and Moran et al. (2007), Mead and Andrews (2009) have attached importance to culture and religion in international cooperation with Saudi Arabia with the emergence of joint ventures. In particular, extreme conservatism of Saudi community still opposes to Westernization due to rigid loyalty to traditions and moral codes. In this regard, the management and human resource management system is not subjected to cultural democratization and socialization (Meat and Andrews, 2005, p. 74). Shoult (2006) has also conducted research on joint ventures and importance of Saudi culture for establishing successful cooperation. In particular, the author notes that â€Å"if its performance has failed quickly to reach the Saudi partners’ expectations, it may even find itself treated as a distressed department of their own es tablishment† (Shoult, 2006, p.169). The knowledge of the Arab mentality and psychology is paramount for foreign partners to organize successful joint ventures.Advertising We will write a custom research paper sample on Internationalization and Cultural Implications for Joint Ventures in Saudi Arabia specifically for you for only $16.05 $11/page Learn More One way or another, it is essential to have an enthusiastic and creative Saudi partner who is willing to cooperate. Arising from this fact, Mababaya (2003b) has found that the failure of leading British company to establish successful relations lies in their feeble attempt to understand cultural specifics of the Middle East world. Ignoring cultural context, the companies failed to cope with emerging problems. Other researchers (Onkvisit and Shaw, 2008; Broways and Price, 2008) also agree with the idea that a cross-cultural factor should be a priority to the Western partners if they plan to organize a joint venture in Saudi Arabia. In particular, they should know the specifics of working hours and holiday differences. The author also examines the secrets of successful communication where a foreign partner should spend a considerable amount of time before proceeding with business issues. Onkvisit and Shaw (2008) state that trust is the basis of all business operations and a necessary condition for all joint ventures. In general, the above-presented studies reveal several important facts about the Middle East world and Saudi Arabia in particular. First of all, the Arab people attach much attention to friendship and justice and have a great respect to older generations. Due to the fact that these people are of great sentimentality, they value a respectful and punctual attitude to them. In business operations, they greatly oppose to the Westernization process and participation of women. Finally, they give credit to Islam and believe that trust is the basis of a successful cooperatio n. All these factors should be carefully tackled if foreign partners want to establish favorable relations with the Arab people. Influence of Internationalization on Joint Ventures in Saudi Arabia Saudi Arabia is known as the main world producer of oil and, therefore, it plays a huge role in oil market (Cordesman, 2003, p. 473). Supplying about 95 % of oil, Saudi Aramco provides strong strategic privilege to the country as well as international flexibility and acceptance among other world producers (Cordesman, 2003, p. 473). The process of internalization that has penetrated to the country has given rise to the country’s cultural recognition and compromise on the part of leading world producers. Judging from the above-presented facts, it should be assumed that the process of internalization has increased the importance of the Arab culture and has introduced the Middle East on the world arena. On the one hand, it granted brilliant opportunities for the country’s develop ment. On the other hand, the country has faced serious multicultural and international issues that are hard to overcome.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The process of globalization has greatly contributed to the advancement of economy in Saudi Arabia. Import and export activities carried out by family business houses haves changed their course to global business operations. As a result the world has recognized such international enterprises as SABIC, Kingdom Holding, and ARAMCO (Ali, 2008, p. 227). In addition, the membership the WTO has also enables the country to advance their health care systems and improve the diary industry. According to Ali (2008), â€Å"globalization is more than business involvement and that the latter should not be divorced from its political and environmental concerns† (p. 227). Ramady (2010) underlines the direct dependence of cultural concerns from globalization. With regard with this, the formation of an appropriate business and cultural environment is crucial for the Arab world to meet the challenges of Westernization. In his studies, the author insists on the idea that the major outcome of glo balization is increasing concerns with preserving culture and religion and protecting them from outer invasion. Therefore, although the process of internationalization providers wider opportunities for the economic development but creates challenges for traditions, ethnicity, religions, and moral codes. Aulakh and Schetchter (2000) have also provided evidence for ideological and cultural influence of globalization on Saudi Arabia and other countries with promising perspectives. The authors provide arguments concerning the role of the countries involved in the process of globalization pertained to economic and cultural areas. Analyzing the studies presented by Ramady (2010) and Aulakh and Schetchter (2000), the process of globalization is also greatly influenced by the Middle East world whose traditions and customs are considered by other world agents structuring the stages of internationalization. This point of view is also supported by Fox et al. (2006) who underline a huge role of the Middle East in forming the process of internalization. Shifts in Culture Being the Result of Business Cooperation between the Western World and Saudi Arabia A great number of studies have been devoted to multinational business operations all over the world, but few of them are connected with Saudi Arabia. Both foreign visitors and investors of Saudi joint ventures, and the Arabians should find a compromise in cooperating and building favorable business relations at the international level. But the main task of this literature review is to analyze what how international culture influences the creation of joint industries in Saudi Arabia with regard to the Arab culture, religion, and firmly established traditions. In studies presented by Moran et al. (2007), the researchers examine the cultural effects that the process of Westernization has on Saudi managers, which make them less paternalistic (p. 339). The scholars have also underscored that the increasing tendency in creating t raining programs in Saudi Arabia being the result of its cooperation with the United States. The rapid integration of the Arab world to the international arena has led to rapid shifts in the Arab culture in terms of business operations and management. In particular, the country has faced a rigorous competition and increasing standards that resulted in some changes. Rao (2001) in his studies of the globalization process emphasizes that lack of understanding of cross cultural relations and diversity can result in a serious failure to interact with the trading partners. The same concerns the Middle East world whose specific culture should be adjusted to the international culture and, vice versa, Western world should be more sensitive to Saudi managers and businessmen whose language involves both verbal and non-verbal communication (Rao, 2001, p. 154). Studies by Adekola and Sergi (2007) also contribute to understanding cross-cultural relations between Saudi Arabia and other cultures. I n particular, they investigate what the opportunities that the international business has created for the Arab worlds, how Western countries treat the Arab culture, and why cultural implications are tangible for the Arab community. The rise of globalization has influenced many industrial areas of Saudi Arabia, particularly its dairy production. After the country has jointed the World Trade Organization, it has received access to free trade and many other benefits such as reduced tariffs, and the rise of joint venture organization with other foreign partners. Fenn (1994) has conducted an independent research where the scholar has defined the specifics of carrying out business in Saudi Arabia. While discussing the peculiarities of Saudi culture and its influence on the international business, Fenn (1994) introduces some recommendations for foreign investors to follow before penetrating to the Arab world. Studying the findings carefully, it is possible to admit that the Saudi managers have certain cultural rules which make women’s intervention problematic. This factor plays a huge role in business relations, specifically in the international world where both men and women have equal opportunities for self-realization. Like Fenn, Mead (2005) insists on the fact that the process of internationalization implies â€Å"the free movement of political, economic, and cultural resources between countries, each society influencing and being influenced by every other society† (p.72). The problem is that Western values still dominate on the world arena of business and commerce. This particularly concerns the United States that propagandize their cultural and politics, which is often perceived as an assault of other cultures and economies. Kangari and Lucas (1997) have also admitted the fact that the discovery of oil in Saudi Arabia has imposed a cultural change on the Arab world. The Kingdom has been forced to adapt to abrupt shifts in culture to advance Saudi industries and economies. According to the scholars, â€Å"rapid progress in the material sense has resulted in a sort of cultural backlash, and old traditions have been strengthened† (Kangari and Lucas, 1997, p. 42). With regard to those dramatic changes, they consider it necessary to work our important strategies for dealing with cultural shifts for the Middle East world to adjust to a new cultural background. One of the best strategies proposed is avoiding conflicts and preserving neutrality in business world. A thorough consideration of cultural effects on joint ventures in Saudi Arabia leads to an assumption that Western and Eastern worlds have rigid differences in conducting business. Nevertheless, a compromise should be reached to succeed in advancing international business. Conclusion Although the culture of Saudi Arabia is homogeneous, the country’s population, particularly the younger generations, are experienced enough in cooperating with foreign business pa rtners. Before the discovery of oil in Saudi Arabia, it has insignificant rates of production and the main focus was made on commercial operations. However, this trading culture has played a decisive role in establishing relations with other countries and leading producers. With regard to this the process of globalization has considerably influenced the cultural environment of Saudi Arabia is carefully considered by other world agents. What is more important is that the Middle East world has faced with cross-cultural challenges as well. In this literature review, we have found that much research has been made on studying the peculiarities of the Arab cultures and how it affects the global communities. However, little concern has been revealed concerning how the Saudi people deal with those challenges and who they adjust to the process of Westernization. In addition, the literature has also disclosed the problem of inability of foreign partners to conceive the specifics of business r elations with Saudi Arabia, including their cultural values, religion issues, and important customs. Arising from the above-presented considerations, a golden medium should be found between economic development, cultural aspects, and internalization to build successful joint ventures in Saudi Arabia. Reference List Adekola, A. amd Sergi, B. (2007). Global business management: a cross-cultural perspective. US: Ashgate Publishing. Ltd. Ali, A. (2008). Business and management environment in Saudi Arabia: challenges and opportunities for multinational corporations. US: Taylor Francis. Aulakh, P. S., and Schetchter, M. G. (2000). Rethinking globalization(s): from corporate transnationalism to local interventions. US: Palgrave Macmillan. Browaeys, M.-J., and Price R. (2008). Understanding Cross-cultural management. US: Pearson Education. Cordesman, A. H. (2003) Saudi Arabia enters the 21st century. US: Greenwood Publishing Group. Fenn, D. (1994, January). Saudi Arabia: Veiled Opportuniti es. U. S. Department of Commerce, International Trade Administration. 16(1) Fox, J. W., Mourtada-Sabbah, and al-Mutawa, M. (2006). Globalization and the Gulf. US: Taylor Francis. Kangari, R. and Lucas, C. L. (1997). Managing international operations: a guide for engineers, architects, and construction managers. US: Publications. Katz, L. (2007). Negotiating International Business. US: Booksurge Publishing Mababaya, M. P. (2003a). The Role of Multinational Companies in the Middle East: The Case of Saudi Arabia. US: Universal-Publishers. Mababaya, M. P. (2003b). International Business in a Strange Cultural Environment. US: Universal-Publishers. Mead, R. (2005). International management: cross cultural dimensions. US: Willey-Blackwell. Mead, R., and Andrews, T. G. (2009). International Management. US: John Wiley and Sons. Moran, R. T., Harris, P. R., Moran, S. V. (2007). Managing cultural differences global leadership strategies for the 21st century. US: Butterworth-Heinemann. Onkvisi t, S. and Shaw, J. J. (2008). International Marketing: Strategy and Theory. US: Taylor Francis. Oxford Business Group (2008). The Report: Saudi Arabia: 2008. UK: Oxford Business Group. Ramady, M. A. (2010). The Saudi Arabian Economy: Policies, Achievements, and Challenges. US: Springer. Rao, C. P. (2001). Globalization and its managerial implications. US: Greenwood Publishing Group. Shoult, A. (2006). Doing business with Saudi Arabia. US: GMB Publishing Ltd. Walker, D. M., Walker, T. D. and Schmitz, J. T. (2003). Doing business internationally: the guide to cross-cultural success. US: McGraw-Hill Professional.

Impact of The Invisible Man essays

Impact of The Invisible Man essays The constraints described in "The Invisible Man" imply we live in a country that is divided by race, ethnicity, religion and class (prejudices towards differences). A person's life is then heavily shaped around these perimeters. Some in the minority unfortunately try to deny these barriers to entry of the American elite by ignoring warnings and repressing past and present disparities and replacing them with hope. This behavior is brought forth by the natural defiance of a human to not be made believe that he is inferior, and from the confusion between the meanings of the laws of desegregation and social integration. The story of the Invisible Man describes the hardship and reality this path leads an African American, and in reality to many Minority-Americans. The first thing our reading points out is how divided Americans are and the reasons. The most basic fact is that the majority of American citizens are white of European ancestry. As in any other country, the majority rules. In this country the majority also enjoys the contributions of their minority (from slaves to modern sweat shops, to the front lines of war, music, sports, etc). To keep receiving these benefits laws are set that enable for such activities to occur. Americans will bend over backwards when some economic or political interest is made relevant to them (WTO's real intentions for example). However, it is taboo for a white person to assimilate into a minority culture making minorities non-American. Since 1607 whites have been melting together and have homogenized the American way of life. The laws for the American way of life place the Northern Europeans on the top with all other whites under them, then all other minorities and last the black man. This can be seen throughout all of our business and political establishments. Minorities are still urged to give it their best, but their best in never respected. Even when blacks or other minorities...