Thailand Thailand The Asian Pacific Area - 2361 Words

Our company, Corbion, the world’s largest manufacturer of biodegradable plastic products, has decided to expand our operations into the Asian Pacific area primarily for access to raw materials and ease of distribution to our larger customers in that region of the world. Our main raw material is sugar which when processed produces monomers and polymers with a base of lactic acid that are used to fabricate our plastic products. Our major markets are food packaging, medical industry supplies, and plastics used in the production of electronic goods. After much research and careful consideration we have decided to open a plant in Rayong, Thailand. Thailand emerged as a key location due to its strengths in matured infrastructure, IT, and communication systems. The Thai government is very friendly to foreign investors and provides simplified import and export regulations. Rayong in particular is a seaport with well-established transportation routes to Southern China where som e of our biggest customers are located. Thailand also provides a pool of highly skilled workers at a low cost. In researching our options in the Asian Pacific region we looked at various cross-cultural components to ensure the success of our endeavor. Communication, whether it be with our internal employees or our customers was a key focus. We felt we needed a communication strategy to help us be successful. Thailand is less mature in the knowledge of English than some other countries in theShow MoreRelatedHuman Trafficking : South East Asia908 Words   |  4 Pagesin the near future. The reality is that South-East Asian countries are mainly â€Å"affected by domestic trafficking or trafficking from the neighboring countries† (UNODC, 2014). There is an approximate â€Å"12 to 27 million people enslaved and exploited by human trafficking†, which this crime network brings in approximately â€Å"$30 billion dollars annually† (Collins, 2014). It is detected that today we see that (1) South-East Asia is still the origin area for victims of human trafficking around the wor ld, (2)Read MoreThe Report of Expansion Bank of Queensland Business in Thailand Analysis2887 Words   |  12 PagesThe Report of Expansion Bank of Queensland Business in Thailand Analysis Song Wu 11/10/2012 Executive Summary: This article is one business investment report due to the requirement of Bank of Queensland Ltd. As the managementRead MoreCountry Background:. Thailand . Thailand Is In The Southeastern1028 Words   |  5 PagesCountry Background: Thailand Thailand is in the Southeastern region of Asia surrounded by the Gulf of Thailand, Andaman Sea, and South China Sea. Sharing borders with Myanmar, Laos, Cambodia, and Malaysia. (1) Thailand is approximately three times the size of Florida, and more than two times the size of Wyoming. (1) The countries government is based on a constitutional monarchy, with military affiliation. (1) Thailand possesses the 2nd largest economy in Southeast Asia after Indonesia; GDP for 2015Read MoreStrategic Expansion Strategy : Hilton Worldwide Essay1538 Words   |  7 Pages Another reason that Hilton Worldwide should implement this expansion strategy to Thailand is that it aligns with Hilton Worldwide’s values. Hilton Worldwide’s mission statement is â€Å"to be the most hospitable company in the world - creating heartfelt experiences for Guest, meaningful opportunities for Team Members, high value for Owners and a positive impact in our Communities.† Hilton Worldwide’s vision statement is â€Å"to fill the earth with the light and warmth of hospitality- by delivering exceptionalRead MoreA Study On Asean India1334 Words   |  6 PagesASEAN-India Free Trade Area. Once reading this paper, one will gain a comprehensive understanding as to how ASEAN-India came to be and what each above-mentioned category represents. On August 8, 1967, five leaders, six nations, came together at the main hall of the Department of Foreign Affairs building in Bangkok, Thailand to sign a document known as the ASEAN Declaration. The six known Foreign Ministers coming together were, Tun Abdul Razak of Malaysia, Thanat Khoman of Thailand, Narciso R. Ramos ofRead MoreAsean India Free Trade Area ( Aifta )1337 Words   |  6 Pages ASEAN-India Free Trade Area (AIFTA) In this paper, I shall provide you with important and detailed information, entailing who ASEAN-India is, how ASEAN-India was founded, why there was a need for ASEAN-India, and what type of business conducted, along with its contributing countries. This paper will further discuss each agreement that was signed into effect, to include The Framework Agreement on Comprehensive Economic Cooperation, The Trade in Goods Agreement, Trade in Services Agreement, and theRead MoreThe Expansion And Intensification Of Social Relations And Consciousness Across World Time And World Space Essay1471 Words   |  6 Pagesthese trade deals. Walk into any coffee shops around the world, one can taste hundreds and thousands of different coffees, whether it be bitter, chocolate, fruity or other tastes. Specifically, Mai Thai Exotic Asian Coffee came from the villages in Northern Thailand. Mai Thai Exotic Asian Coffee (n.d.) found, they â€Å"Discovered that coffee had been introduced to the highland villages some 40 years ago as a substitution crop for opium, but no one developed a market for it†. After further research, theyRead MoreImpact Of The Asian Financial Crisis Of 1997 On The Region s Development1704 Words   |  7 Pagesthe impact of the Asian Financial Crisis of 1997 on the region’s development â€Å"Since World war II, development has been the most important term used to describe economic, social and political changes in what have come to be known as Third world countries† (Zhang, 2003). The Asian financial crisis of 1997 had a major impact on the regions development as it was the end of the East Asian economic miracle, a time that showed staggering economic growth throughout the Asia Pacific. However, despiteRead MoreCharacteristics, Issues And Trends Of The Region From An Agricultural Perspective1308 Words   |  6 Pages To provide an introduction and insight first a brief summary of East Asia will be provided. East Asia includes approximately 15 countries, within this there is a population of 1.974 billion people. Of the total population 51% live within rural areas resulting in agriculture making up 11% of GDP, which is considerably more than the likes of the US (1% of GDP). There is considerable diversity between countries within East Asia. There are major differences between country’s GDP per capita and economicRead MoreIndonesi An Important Factor For Indonesia1153 Words   |  5 Pagesor countries in other region (Wilson 2012). As members of world community, Indonesia cannot slip way from international cooperation, if so; Indonesia may not be able to meet all its needs. Indonesia is now cooperating with many countries in Asia Pacific including New Zealand. New Zealand is an important factor for Indonesia in economic relation (New Zealand Foreign Affairs Trade, n.d.). Diplomatic relations between Indonesia and New Zealand was officially first formed in 1958. In the year after

A Clean Well Lighted Place and A Soldiers Home by Ernest...

A wise man named Ernest Hemingway is a person who has suffered a lot throughout his years. Though by the looks of it, he had it all. Hemingway was a bright man, who loved writing. A person who received awards for his fantastic books he wrote, not to mention being wealthy. Most of Hemingway’s book was basically a reflection of this life, and the things he have been through. As his stress kept increasing, depression started gaining. Both A Clean Well-Lighted Place and A Soldier’s Home by Ernest Hemingway support the idea that even though you have everything you wanted, you are still not happy, though you will have people around you not understanding why because you as yourself only understands The novel A Clean Well-Lighted Place demonstrates that even if you have everything you ever wanted, we are still unhappy. One way this proves this point is through theme. Theme is the central message that is revealing throughout the story that is being read. An example that reveal s this type of theme is that in the story two waiters in a cafà © are talking about an old man who would always come to the cafà © and would drink Brandy’s all day. After passing midnight, the old man would be too drunk and leave, but forgetting to pay. This example shows a reflection on how Hemingway would be an alcoholic because of his depression. Another example from this story is by the two waiters discussing how the old man tried to commit suicide, by tying himself on a rope. â€Å"How much money he has?† saidShow MoreRelatedA Clean Well-Lighted Place 11111 Words   |  5 PagesA Clean Well-Lighted Place In the short story â€Å"A Clean Well-lighted Place† by Ernest Hemingway the setting is very important. The story takes place in a Spanish speaking country in a cafà ©, but more so than the actual place the time is what makes the setting so crucial to the story. The story takes place at night Hemingway uses this in contrast to the well-lighted cafe with its artificial light. The contrast between dark and light is the main idea of the story and it is best expressed through theRead More Comparing F. Scott Fitzgerald and Ernest Hemingway Essay1214 Words   |  5 PagesComparing F. Scott Fitzgerald and Ernest Hemingway F. Scott Fitzgerald and Ernest Hemingway, though both evolved from the same literary time and place, created their works in two very dissimilar writing styles which are representative of their subject matter. The two writers were both products of the post-WWI lost generation and first gained notoriety as members of the American expatriate literary community living in Paris during the 1920s. Despite this underlying fact which influencedRead More Nothingness in A Clean Well-Lighted Place by Ernest Hemingway1369 Words   |  6 PagesNothingness in A Clean Well-Lighted Place by Ernest Hemingway Man is often plagued by the question of his own existence. Existentialism is a subjective philosophy that is centered upon the examination of man’s existence, emphasizing the liberation, responsibility, and usually the solitude of the individual. It focuses on individuals finding a reason for living within themselves. The philosophy forces man to make choices for himself, on the premise that nothing is preordained, there is no fateRead MoreEssay on The Life of Ernest Miller Hemingway3853 Words   |  16 Pages The Life of Ernest Miller Hemingway   Ã‚  Ã‚  Ã‚  Ã‚  There were several writers in the twentieth century, and among them was Ernest Miller Hemingway. Hemingway had a interesting, but strange life. By analyzing and exploring the literature and biographies of Ernest Hemingway, one will be able to understand the life of Ernest Hemingway and see the major contributions he had to literature.   Ã‚  Ã‚  Ã‚  Ã‚  He was born on July 21, 1899 in Oak Park, Illinois. Hemingway was born in the Hemingway family home, which was built

Business School Essay Free Essays

Since I first entered university, I have evolved from being convinced that an MBA was a necessary part of my future, to believing that MBAs made careers of victimizing other people, to realizing that an MBA truly will help me achieve my passion, which is helping people in my native China. I am now passionate [Comment 1] about attending Wharton to challenge myself with powerful business lessons that will help me grow as a leaders [Comment 2] . My alma mater offered an orientation program that offered [Comment 3] new admits consultation on academic study, and more importantly,[Comment 4] early career plan. We will write a custom essay sample on Business School Essay or any similar topic only for you Order Now I was excited to learn that the tests confirmed what I already expect [Comment 5] – that I showed a strong ability in business. Starting that day, I pinpointed [Comment 6] MBA as an ideal master degree to pursue following several years of solid work experience. With plans made, I embarked on the trek by opting to major in international finance, in addition to taking a broad spectrum of business-related electives including intermediate accounting, economics and banking. Although most of the teaching materials [Comment 7] derived from the communist time while [Comment 8] teachers still resorted to the stale methodology of indoctrination, I looked forward to every class that gave me new insights into how good business [Comment 9] function. I missed a chance to have [Comment 10] more interactive learning environment and to be able to challenge the lessons that we were taught, but the classes further solidified my plan to acquire a formal business degree. Originally my career plan was simple: to excel at [Comment 11] workplace, get an MBA, and then work as [Comment 12] top strategy consultant before settling down as an executive at a corporation. I was happy with my career progress as an Information Technology consultant, but it was not always smooth. While my project at International Media Corporation, my second employer, was in high gear, the 9. 11 tragedy reduced international travel to a standstill. (For details, please see essay No. 2. As if this were not enough, the ensuing fiber-optic scandal in which International Media Fiber Optics [Comment 13] was involved, worked perfectly as [Comment 14] the last straw—it forced our parent company to suspend its China-based operation [Comment 15] , including my project. That meant that I was unemployed. For the first time in my life I needed to assess my career plan. I had done nothing wrong, but the action of other [Comment 16] affected me and [Comment 17] put me out of job. Was th is what MBAs did? Did they ruin other people’s jobs? Comment 18] For a time,[Comment 19] I started to think that the business world was not where I would [Comment 20] be. Over the next six months I got a much clearer picture of what I wanted to do. [Comment 21] I gained experience in the UN initiative (for details, please see essay No. 3) and I reflected upon the world at large. What did I want to do, other than plan for my next promotion or consulting assignment? What did I want to be in twenty years? Consequently, this experience allowed me to contribute to society and to learn more about what I wanted. [Comment 22] My work in [Comment 23] the UN substantially changed my view of MBAs. This time, I started to perceive MBA [Comment 24] from a new angle—first and foremost, MBAs [Comment 25] must be socially responsible before they can aspire to reap professional achievements; otherwise they are still doomed to failure however smart they are. [Comment 26] This was again solidified by my acquaintance and mentorship, at the [Comment 27] UN conference, with an investment banker turned philanthropist,[Comment 28] also the founding chairman of the US-based Green Earth Institute. There were, and are, responsible people and organizations after all. I realized that I could be earn an MBA and make an impact just like those people! Six months on, I headed back to the corporate world, confidence recovered. National Data Systems (NDS) seemed an ideal place to start my career anew—I knew so the minute I saw the receptionist for interview [Comment 29] — in lieu of charming girls [Comment 30] , a disabled person handled the task. Later I learned this deep-rooted culture resulted from NDS’s strong advocacy of handicapped-hiring. As for me, I further extend it to hiring veterans in my department. Not only do I commit [Comment 31] social obligations, but the department actually benefit [Comment 32] from their ultra reliability and diligence. In addition, I volunteered as the department representative for the office health and safety initiative. Mid 2004 will witness my department’s consummation [Comment 33] of a worldwide business transformation project, to which I have been contributing as a IT consultant and project co-leader. This is [Comment 34] perfect opportunity to see my current work to completion and then embark on my new endeavor. Upon graduation, I would like to join a top-tier IT corporation and rotate in different functions in its leadership/executive development program at mid-management level. I see this ad [Comment 35] being important for gaining the management experience that I will need for my true long-term passion, which comes from my work in the UN. I want to help the underprivileged in China. Consequently, I plan on establishing an IT-based NGO in the long run. My business experience gained from my post-MBA job will render me better positioned [Comment 36] to contribute to this scenario—applying cost-effective technologies (only possible through my experience with an elite technology firm) to improve the quality of life in communities that have not changed in decades, if not centuries. After all, the betterment of the entire nation cannot hinge upon the prosperity of but a number of regions or cities. Based on my experience in consulting and the UN [Comment 37] I believe that managing an NGO shares much synergy with running a for-profit business. The leadership experience developed and social connections established in the business arena should be most conducive to my long-term career aspiration. The end of my achievements in business will ultimately find their way in the social cause. Yes, financial standing is an important yardstick,[Comment 38] against which personal success is judged; however, it will be even more fulfilling if I can share this success with the needy and bring benefits to them. As the [Comment 39] leading business school, Wharton offers many lectures in addition to [Comment 40] cases that prepare students for all kinds of real business challenges and opportunities, which caters [Comment 41] well to my career aspiration [Comment 42]. Admittedly, Wharton is most famed for its strength in finance; however, it has, over the years, [Comment 43] also produced a plethora of successful general managers. Having said that, I [Comment 44] trust Wharton is where I can attack my weak link by brushing [Comment 45] up my financial skills, which I believe are indispensable to my career advancement later on. â€Å"He is a sharp cookie, a natural leader just waiting to burst out of his shell†, goes the comment on my first performance review. My communication with Wharton students and alumni has fully attested to my belief that Wharton is the very school that will transform me from a candidate to a bona fide leader of the future. How to cite Business School Essay, Essays

Macroeconomics Australian Surging Housing Economy

Question: Discuss about theMacroeconomicsfor Australian Surging Housing Economy. Answer: Introduction This aim of this report is to build up the understanding of the macroeconomic concepts in the context of the Australian surging housing economy. This report focuses on the different factors, which may affects the housing pricing in Sydney, Australia. Meanwhile, it also provides some macroeconomics solutions related to the affordable housing for the younger generation. Finally, this report evaluates the housing bubble situation in the Australia may affect the economy. Factors Affect the Australias Surging Housing Prices Australian real estate is increasing significantly day by day and its economy is very resilient and flexible. Consequently, Australian housing sector affects the economic growth rate of the country. A real estate bubble may impact on the buying behavior of the people (Jord, et al., 2015). For this, a housing bubble situation has been seen in the Sydney, Australia i.e. 19.9% in 2015. There are different factors, which affects the Australian surging housing prices. Interest rate Investment demand Economic climate Demography factor Interest Rate Interest rate is the significant impact on the rising housing price in Australia Sydney. For this, lower interest rate in Australia, borrowers has easy to borrow the money from the bank, financial institutions at low rate interest, which may raise the housing prices. Simultaneously, low rate interest leads to raising the investment in the real estate, which may cause the problem of housing bubble situation. Whereas, low rates would attract the more investor in order to invest the money in housing instead of the lending (Steinhardt and Manley, 2016). Simultaneously, low interest would decrease the cost of borrowings against the mortgage payment. In the current environment, Reserve Bank of Australia (RBA) is reduced the rates by 1.50% in August 2016. Demography Large demographic factor in Australia has a significant impact on the housing prices. There is large no of households increase in Australia in every year due to a large population. Hence, it can raise the demand for housing consequently; it will impact on the housing price. In the current scenario, large Australian population enables to enhance the housing bubble situation in Sydney Australia. On the other hand, there are 473500 foreign immigrants are increased in Australia population hence; it may impact on the housing prices. Economic Climate In the current, Australian economy is raise by 2.5%, which depicts the Australia economic condition is growing. Whereas, the Reserve bank of Australia controls the inflation rate which is 1% in 2016 and it also controls the unemployment rate i.e. 5.6%. As a result, it can be helpful to raise the income of the people as a result; people have more invest in the housing activity, which may positive impacts on the Australia surging housing prices (Jord, et al., 205). Concurrently, unemployment situation may impact on the real estate prices in Sidney, Australia. Investment Demand Investment demand factor is significant for the Australian surging housing prices, because low-interest rate and inflation may raise the investment demand of people. At the same time, there are some factors which can raise the housing prices of the Sidney Australia such as tax benefits, institutional reforms, increasing rental income, capital market, and broader development in the economy (Chancellor, et al., 2015). Instead of this, equity market of Australia downwards in 2000 but the real estate is more stable to invest the money. Along with this, low-interest rate helps to raise the interest of investors to buy more property, because in Sydney rental market will worth owning. Macroeconomics Solution for the Affordable Housing Affordable housing price is essential for the younger generation. In the current environment, in Sydney Australia housing price is on a hike so that the government has taken the necessary steps in order to provide the affordable housing to the young generation. Whereas, the Australian government is implemented the policy name The National Affordable Housing Agreement (NAHA), which promise to provide the affordable housing price. Simultaneously, this policy can be helpful to reduce the problems related to the housing bubble situation in Australia (Dufty and Rogers, 2016). However, Australian people are faced many housing related problems such as high prices, housing stress, and unaffordable place. At the same time, government formulates some macroeconomics policy related to the affordable housing prices in Australia, which impact on the demand and supply of the housing prices such as rebate in taxation, Development of infrastructure, financial support, Immigration policy, and Agreemen t related to the national housing. The National Affordable Housing Agreement (NAHA) Australian government is introduced The National Affordable Housing Agreement, which enables to provide the affordable safe housing to the poor people. Along with this, it also involves the people in the economic and social competition. The NAHA policy is an agreement with the Australian government council for the effective to solve the housing bubble situation. Consequently, this policy enables to offer the $ 6.2 billion worth of real estate housing for the below an average level income people (low and middle income) in Australia. In spite of this, NAHA can be helpful in different aspect such as poor people who have no homes to live, social housing, Australian natives who lives in remote areas (Li, 2016) On the other hand, NAHA is also an agreement with a commonwealth state housing for the purpose to provide the financial support to the poor people who need affordable housing. As a result, till 2003 to 2008 common wealth state housing provides more than 5.2 million housing assistance related to the community housing and private rental assistance. As a result, effective assistance can be helpful to influence the young generation towards the housing. Policy Related to Foreign Investors Australian government makes the effective policy for the foreign investors in order to control the surging housing prices, especially in Sydney. Therefore, no one investor can buy the property in Australia without any prior consent of the Foreign Investment Review Board (FIRB), because it creates the housing bubble situation which may negative impact on the Australian middle and poor people (Wang and Otsuki, 2015). In this scenario, new laws of Australian related to the foreign investors transferred to the Australian tax department in order to overcome the housing prices. Australian government takes strict action against the investors who buy the property illegally such as charge the commission, interest. As a result, low level and middle-level income people to get the accommodation easily at affordable prices. In addition, Austrian government, government to control the foreign investors through the different taxes and duties such as government raise the stamp duty by 7 respectively. Similarly, the Australian government is raised the property tax by 0.75%, which is helpful to overcome the housing bubble situation in the Australia (Beer, et al., 2016). Housing and Homelessness Policy of Council of Australian Government (COAG) Australian government takes the necessary steps for the poor people who have no accommodation to live. Consequently, government starts work to provide the $1.3 billion housing to needy people in every year under the national affordable housing agreement. As a result, it can be helpful to reduce the homelessness and indigenous housing (Blunden, 2016). Apart from this, Australian government is provided the $4.5 billion to the national rental affordable schemes in order to provide the affordable accommodation for the Australian people and their families. Simultaneously, Australian government is also provided the financial incentives to the community organizations for build the rent dwelling housing at low cost for the low and middle-level income people. As a result, 23500 new affordable and social housing is provided to the low and moderate level income people in Sydney. Thus, this policy would be helpful to build the effective economy infrastructure in the Australia (Davison, et al., 2 016). Commonwealth Government Commonwealth assistance is significant for the social housing and it measures through the National Affordable Housing Agreement and it associates with the National Partnership Agreement. For this, Australian government ensures the affordable housing to the low-level income people through dwelling of houses. The commonwealth policy is effective for the low-level income people because it helps to lend the money at the low rate of interest that is helpful in affordable housing. The Australia legislative of the commonwealth is high because it comprises the Australian union government, state head. Concurrently, the commonwealth government improves the housing situation in the Sydney Australia through the affordable rental housing to the low-income level people at the low rate (Yates, 2016). Meanwhile, the government reduces the homelessness situation in the Sydney, which is helpful to overcome the surging housing prices in Australia. Moreover, commonwealth government enhances the housing supply situation through the government surplus land. As a result, it enables to make the affordable housing for the poor people. Conclusion From the above discussion, it can be evaluated that the housing prices in Sydney, Australia is rising so that it affects the low and medium level income people. At the same time, different factors housing factor creates the housing bubble situation in Australia such as low interest rates, demography, and investment demand. Meanwhile, the government has been taken the several measures to ensure the affordable housing situation in Australia such as COAG, commonwealth government, NAHA, and foreign investors policy. References Jord, ., Schularick, M. and Taylor, A. M. (2015) Betting the house,Journal of International Economics,96, pp. 1-18. Steinhardt, D. A., and Manley, K. (2016) Exploring the beliefs of Australian prefabricated house builders,Construction Economics and Building,16(2), pp. 27-41. Jord, ., Schularick, M. and Taylor, A. M. (2015) Betting the house.Journal of International Economics,96, pp. 1-21. Chancellor, W., Abbott, M. and Carson, C. (2015) Factors promoting innovation and efficiency in the construction industry: A comparative study of New Zealand and Australia,Construction Economics and Building,15(2), pp.63-81. Dufty, R. and Rogers, D. (2016) Housing in Australia: A New Century, Housing in 21st-Century Australia: People, Practices and Policies, 1, pp. 121-141. Li, J. V. (2016) Is Residential Housing Affordable? An Improved Price-to-Income Ratio Approach,An Improved Price-to-Income Ratio Approach, pp. 114-121. Wang, Y. and Otsuki, T. (2015) Do institutional factors influence housing decision of young generation in urban China: Based on a study on determinants of residential choice in Beijing,Habitat International,49, pp. 508-515. Beer, A., Bentley, R., Baker, E., Mason, K., Mallett, S., Kavanagh, A. and LaMontagne, T. (2016) Neoliberalism, economic restructuring and policy change: Precarious housing and precarious employment in Australia.Urban Studies,53(8), pp. 1542-1558. Blunden, H. (2016) Discourses around negative gearing of investment properties in Australia,Housing Studies,31(3), pp. 340-357. Davison, G., Legacy, C., Liu, E. and Darcy, M. (2016) The factors driving the escalation of community opposition to affordable housing development, Urban Policy and Research, pp. 1-14. Yates, J. (2016) Why Does Australia Have an Affordable Housing Problem and What Can Be Done About It?, Australian Economic Review,49(3), pp. 328-339.