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Specify three possible options that Nintendo should consider and justify the most suitable choice using SAF criteria.

SAF criteria Nintendo can decide to pursue a pricing, quality, or innovative strategy to enhance its competitive advantage. Figure 1: pricing strategy Pricing Strategy Suitability Pricing strategy will address the key opportunities and constraints Nintendo faces. A lower price can be achieved by utilizing less expensive components, and the end...

Discuss the differences between the Planning and Emergent Schools of Strategy. Discuss the importance of emergent strategy in fast-changing environments.

The strategic planning process often goes through several stages that aim to facilitate the achievement of an organization’s objectives. The typical planning process often includes the analysis of the external and internal environments, definition of the business and the mission, setting the goals, formulation of strategies, and developing procedures for...

Using relevant strategic analysis at the macro, industry, and micro levels, critically discuss the key strategic issues that Nintendo is currently facing.

The video gaming industry is dominated by Sony, Microsoft, and Nintendo. The three firms are fiercely competing to outdo each other. Their strategies mainly revolve around innovation, pricing, and adoption of the latest technologies. Nintendo has been the market leader for a long time but was outdone with the entry...

The rate of technological innovation has a significant impact on all high-tech industries, including Video Game Consoles. What recommendations would you make for Nintendo to cope with these changes in the future?

First, the company should adopt technologies that are less costly so as not to follow in Sony’s footsteps of producing each gaming device at an estimated $ 805 and selling it between $499 and $599. Secondly, the company should adopt technologies that will ensure that its products stand out just...

1) How structurally attractive was the health club industry in 2004? What average level of return would you expected to support? 2) What do you see as a key trend in the industry in 2004? How do you think these trends will affect profitability and evolve?

1) Many business models were invented in 2004 to attract customers. Owner-operated clubs were based on single-location operations, although small regional chains were created. Franchised clubs operated under the brand umbrella. There were also design companies and health spa that provided support to the health club industry. Thee models were...

What are the basic economics of health clubs?

Health clubs charged a fee for joining and for a monthly subscription. The industry received about $ 800 per member annually, but this index varied significantly in the country. The club members usually had to subscribe for a minimum of one year. 66 % of members renewed the subscription. Clubs...

What is FDI? How does FDI benefit the host country?

Foreign direct investment (FDI) is a direct investment in a host country by an international firm. It is the investment of foreign assets into the host country’s business or companies, but not in its stock markets. FDI is a durable and long-term investment that can stay irrespective of the prevailing...

What are the costs of FDI to the host country? How do governments influence FDI?

There is the ‘headquarter effect’ when a foreign firm acquires a local firm. For instance, an international firm may decide to shut down critical aspects of the local firm due to centralization. This strategy could reduce the number of high-skill jobs and chances of growth in the host country. Moreover,...

What should GE do about satisfying customers who are not so environmentally conscious?

General Electric Company is a mega-company that seeks to expand its business and gain a larger share of the market. The issues of global warming due to the emission of carbon dioxide threaten the company’s lucrative business of selling steam engines that use coal and petroleum products because environmentalists advised...

Critically apply Cyert and March’s analysis of organizational decision making to the Siemens case. Compare/contrast the findings with Brusson’s view.

According to Cyert and March, fundamental structure analyzes the process of decision making in terms of the variables that influence the decision-making process, the goals of an organization, the expectations of the organization, and the choice of the organization. In the case of Siemens, several variables influenced the decision-making process...

What did General Mills hope to accomplish with its April 1994 reduction in trade promotions and prices? What were the risks associated with these actions? How do you expect General Mills’ competitors to respond? How then should General Mills proceed?

GM hopes to reduce the price gap with private label manufacturers, regain some of the market shares and increase their profits. The risk associated with these actions is that the competitors can follow the lead and reduce their prices as well. GM’s competitors can either lower their prices or preserve...

Why is the soft drink industry so profitable? If concentrate manufacturing is so profitable, why have so few firms successfully entered this business over the last century?

The high profitability of the soft drink industry is as a result of combined factors of top products’ demand and regional market monopolies. There are limited soft drink operators in the market, while the products themselves are complements of other foods and beverages. Low competitions and high market demands lead...

Analyze the RTE breakfast cereal industry. Why has it been such a profitable business? What changes have to lead to the current industry ‘crisis’? Why have private labels been able to enter this industry successfully? How do the cost structures of private label and branded cereal manufacturers differ? What are the critical core competencies and success factors needed in this industry? Make sure you include your assessment of General Mills’ resources, capabilities, and competencies. How do you see the private label cereal manufacturers concerning the critical success factors in this industry?

Historically, the ready-to-eat (RTE) cereal breakfast industry was characterized by relative stability and substantial profitability. The RTE market was dominated by the Big Three, such as Kellogg, General Mills, and Philip Morris, which created significant barriers for the entry of new brands. The main reasons leading to the current industry...

Critically analyze the resources and competences that a company in the video game consoles industry needs to possess to achieve competitive advantage. Discuss and justify your arguments.

To gain a competitive advantage in the video game console segment, a company needs to adopt strategies that will enable its devices to stand out and therefore appeal to a larger portion of the market. Current market analysis indicates that casual gamers prefer video consoles that are innovative, affordable, and...

Critically analyze the strengths and weaknesses of Sony in the video game consoles industry and identify any potential opportunities and threats for that company. Provide full support and justification for your arguments.

SWOT Analysis for Sony Strengths Sony has various strengths that enable it to command a considerable market share in the video gaming industry. First, Sony’s video game devices and games are innovative, technologically advanced, and, therefore, attractive to gamers of all age groups. The devices are also suitable for hardcore...

Prepare three different maps of strategic groups in the video game consoles industry, using different variables each time. Justify the selection of the variables, critically analyze the position of each competitor on the strategic group’s map and identify future opportunities for these companies based on their position

Figures 1, 2, and 3 show the different maps of strategic groups that outline the competition between the three main players in the video game industry. The 3rd generation video game consoles have been chosen to identify the main variables in the video console segment. According to the case study...

How Does Ophelia Die?

Ophelia climbs a willow tree next to the stream, carrying some garlands made of flowers. The tree’s branch breaks, so she falls into the water. Since she’s gone mad shortly before because of grief, she makes no attempts to save herself and eventually drowns. Explanation: Ophelia is a character appearing...

Which statement best describes why Shakespeare’s Hamlet is a complex character?

Hamlet is a complex character because his controversial personality plays a crucial role in developing a tragic flow throughout the play. With the growth of Hamlet’s inner conflict, the intricacy of his temperament turns into a noticeable problem. Moreover, his behavior becomes impulsive, and he gets into a constant state...

How does the play-within-a-play in act 3 of Hamlet represent Elizabethan drama?

In Act III of Hamlet, the play-within-the-play reveals the crimes Hamlet’s uncle committed, and it was meant to become a lesson for him. Since the Elizabethan drama is characterized by describing human nature and their everyday sins, the play-within-the-play scene used in Act III is its perfect representation. Explanation: The...

What plot events undermine queen Gertrude’s confidence?

Although Gertrude seems to be unaware of Claudius’s misdeeds at the beginning of the play, over the course of events, she starts doubting her assertions. Her beliefs are undermined when Hamlet murders Polonius and accuses his mother of betrayal. He reveals to her the truth about his father’s death and...

When considering diversification strategies in developed and emerging world equity markets, what would be the determining factors in selecting a foreign market? Prioritize a set of factors in making such a decision.

The ability to select a viable foreign market is a crucial undertaking whenever there is a need to expand and diversify operational strategies. Before expanding to international markets, it is vital to consider the level of demand for products being marketed by an organization. Market demand is an essential selection...

The primary sample used in defining the sample size required for the determination of the confidence interval as well as the error margin.

The primary sampling is habitually done to warrant that the study populace that is being researched is accurately sampled while the study sample is equitably disseminated. In other words, the distribution of the sample within the population is fair. Moreover, the preliminary testing or previous sampling is useful in avoiding...

Explain what is meant by a margin of error for a confidence interval.

The conclusions of surveys are typically drawn from the population samples. The sample representation of the population is essential, and it usually is being determined by the two most important statistics. These are the margin of error and the confidence interval. The confidence interval and the margin of error measure...

Suppose that we will randomly select a sample of four measurements from a larger population of measurements. The sampling distribution of the sample means there is the probability distribution of a population. In your own words, describe the units in this population.

Samples are typically used to describe the characteristics of the broader population. Sampling is the process of selecting some entities within a population to draw the general conclusion about the whole population or part of the. In most surveys, sampling is normally used instead of conducting the whole measurements on...

The response of Texas to the regulations of Federal Regulatory Agencies

Several requirements are placed by the Federal Regulatory Agencies. In particular, the management of hazardous waste is regulated in the RCRA. This legal act implies that the Environmental Protection Agency has the authority to regulate the management of hazardous waste at various stages of the production process, such as the...

Private action against polluters as a deterrent to the degradation of the environment

Private action against polluters is often regarded as one of the possible deterrents to the degradation of the environment. This belief is based on the assumption that these lawsuits will prompt companies to improve their environmental performance. In turn, it is possible to argue that private action cannot be regarded...

In this age of electronic communications such as cell phones, text messaging, and e-mail, what is the role of formal writing? How do digital communication methods influence the writing process?

Effective communication is crucial in the business world, and technological advancements have made it simpler and more comfortable. Writing is one way in which communication is done, though its use has reduced significantly in the recent past. People now prefer to use telephones, text messages, and e-mails to communicate for...

Due to expanded operations, your organization must increase its dependence on intermodal transportation services. You need to set the intermodal transportation requirements of your company. What would you do, and what factors should you consider? How do you decide what combinations of intermodal transportation should be employed? Explain.

When small companies start to expand, the issue of logistics becomes as topical as it has never been before. The routes that once seemed perfect suddenly become useless and new methods of transportation have to be chosen. However, by far, the most complicated logistics issue concerns the choice of intermodal...

Your department is responsible for inventory control. Recent fluctuations in demand and orders have caused overages in inventory. What options do you have? How do you implement changes in the supply chain?

Fluctuations in demand are inevitable when dealing with any kind of product, since, no matter how essential the given product could be. There will always be competitors, oversaturation of the market with the given product, or any other issue that will finally lead to demand rates swinging from high to...

Analyze the PC industry. Are the dynamics favorable to Apple or problematic? Explain.

Though personal computers were first made by Apple Company, IBM Company mainstreamed the market in 1980. Later on, in the early 1990s, Wintel Company was dominating the industry. Expanding the capabilities of computers and cheap prices were the main factors mainstreaming the growth of personal computers. By the beginning of...

What, historically, has been Apple’s competitive advantages?

On 1st April 1976, Steve Jobs and Steve Wozniak, together with other college dropouts in the USA, founded Apple Computers, and after several months, they had produced 200 units. This made them take on a new partner, Markkula, Jr., who was known to be an experienced businessman and used to...

What is the moral point of view and why is it important? Does it make sense to say that business people must operate from the perspective of the moral point of view? Why, or why not?

Individuals who are mature enough are well endowed with unique cognitive capacities according to the moral point of view. Values, emotions, and aspirations of each individual vary across the board. This point of view identifies the uniqueness of each individual. On the other hand, sympathy has been associated with the...

Central to Duska’s discussion and his conception of loyalty, do you find his account of loyalty convincing? What elements of it might you disagree with? What implications might an altered conception of loyalty have on his contention that whistle blowing does not require moral justification?

Information on any moral misconduct within an organization can be released by either an active or a past employee to point out the ills being perpetrated. In the event of whistleblowing, there must be an incident taking place against the interests of the public. Duska argues that loyalty is not...

Epstein claims that the positions of both employers and employees are essentially even with regard to EAW. Do you find this line of argument convincing? Why or why not?

The employment contract is defined by several factors. For instance, an employee has the freedom to quit employment. Besides, an employer can dismiss an employee from work. The wishes of an employer are also fulfilled by an employee according to the directions stipulated at the workplace. Common law is the...

In recent years, Chrysler Corporation initiated three-shift or nearly continuous (21-hours-per-day) production at a number of its plants. Explain why Chrysler’s decision might have been prompted by movements in its wage costs or capital costs, or both. Why would Chrysler have instituted this production change for its most popular (and profitable) vehicles, its minivans and Jeep Cherokee? What risks might such a plan pose?

Labor and capital are costly requirements for a firm like Chrysler Corporation. To expand its product portfolio, the automobile company demands an additional capital. Besides, any slight change in technology in manufacturing its vehicles requires surplus investment. On the same note, hiring both professional and semi-skilled staff who can turn...

A trendy French restaurant is one of the first businesses to open in a small corner of a commercial building still under construction. The restaurant has received rave reviews and has lines of diners waiting for tables most nights. (a) In the short run (next few months), what measures should the restaurant take to maximize its profits? Explain. (b) In the long run (next six months and beyond), how can it maximize its profits? (Assume that the impressive state of demand is permanent).

a) In the short run (next few months), what measures should the restaurant take to maximize its profits? Explain. The French restaurant enjoys monopolistic competition. In order to maximize its profitability in the short run, the management of the restaurant should apply an effective and practical economic model. As a...

The last decade has witnessed an unprecedented number of mega-mergers in the banking industry: Bank of America’s acquisitions of Fleet Bank, MBNA, and U.S. Trust; Bank of New York’s acquisition of Mellon Financial; and Wells Fargo’s acquisition of Wachovia, to name several of the largest consolidations. Besides growth for its own sake, these superbanks are able to offer one-stop shopping for financial services: everything from savings accounts to home mortgages, investment accounts, insurance vehicles, and financial planning. (a) In the short run, what are the potential cost advantages of these mergers? Explain. (b) Is a $300 billion national bank likely to be more efficient than a $30 billion regional bank or a $3 billion state-based bank? What economic evidence is needed to determine whether there are long-run increasing returns to scale in banking? (c) Are these mergers predicated on economies of scope?

Question a: Mergers in business management are critical in generating enough resources for an organization to operate effectively while providing a platform for a harmonized management approach. In the banking sector, the option of merging is usually a major capital budgeting undertaking. It largely saves costs and improves economic gains....

Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. Could lower transaction costs in e-commerce ever make it easier for small suppliers to compete? Network externalities are often an important aspect of demand for information goods and services. How might network externalities affect firm operating and firm size?:SJ

Over the years, e-commerce is a core factor in determining the levels of growth of small and growing businesses. However, the growth and development of a business such as a grocery shop may suffer major setbacks related to the small size of operations, reduced economies of scale, and transaction problems....

In What Ways Might New Store Design Differ From The Redesign Of An Established Store?

Due to the world’s increasing reliance on image recognition, successful retailers in the modern world are heavily investing in the creation of an attractive brand image for their products. Retailers lack adequate time and resources to develop new brand names every time they open new establishments since most of them...

Retail Internationalization Is Much More Than The Opening Of Stores Abroad. Provide A Critical Review Of This Statement.

Retail internationalization is one of the complex issues in retail strategy primarily due to the previously localized nature of retailing. The accelerating rate of internalization in the retail sector has attracted increased attention by scholars and business practitioners who have sought to understand what retail internationalization entails. The process of...

A New Hampshire resort offers year-round activities: in winter, skiing and other cold-weather activities; and in summer, golf, tennis, and hiking. The resort’s operating costs are essentially the same in winter and summer. Management charges higher nightly rates in the winter, when its average occupancy rate is 75 percent, than in the summer, when its occupancy rate is 85 percent. Can this policy be consistent with profit-maximization? Explain.

Price maximization entails determining both the price and output levels to gain maximum gains. Several approaches can be used to maximize profits. First, the latter can be attained by increasing the prices of goods and services. It is important to evaluate and note the difference between marginal revenue and marginal...

In what respects are the following common practices subtle (or not-so-subtle) forms of price discrimination? (a) Frequent-flier and frequent-stay programs (b) Manufacturers’ discount coupon programs (c) A retailer’s guarantee to match a lower competing price.

(a) Frequent-flier and frequent-stay programs: Frequent-fliers are incentive programs used by airlines to reward clients who have continuously been loyal travelers. The strategy aims to reduce travel costs to persuade travelers to become lifetime clients. Frequent-stay is a program that offers free stay in hotels for travelers who use hotel...

Using the model for goal setting, evaluate Allstate Insurance Company’s goal setting process to determine whether or not Allstate has an effective goal-setting program.

The main objective at Allstate is to bring together the differences in the workforce to achieve its mission and boost business success. In doing this, it has developed four major steps in setting its goals. These are succession programming, development, measuring steps, and accountability, and reward. Goal setting is a...

Discuss the organizational change that Nestle has undergone. Identify whether the changes were first order and/or second order and the rationale for your decision.

Nestle is a company that was established with the main goal of producing food products. The company has made several changes to enhance sustainability in the turbulent market. The first change was experienced when the company started to expand internationally. Several outlets were opened in foreign countries. This strategy was...

Discuss whether or not the organizational changes that Nestle has undergone were with an incremental approach as emphasized by Brabeck-Letmathe.

An incremental approach involves making small changes with time. The ultimate goal is to achieve significant changes by making small steps. An incremental approach in organizational change requires management to make small changes to ensure that all stakeholders get adapted to the new structures. The changes made by Brabeck-Letmathe were...

The figure below is an index of the multilateral real exchange rate (ε= EP/P*) for the British pound (GBP). 1) Explain why the multilateral real exchange rate may be used as a measure of international price competitiveness. 2) Following an increase in the real exchange rate expenditure on imports is typically expected to decline. True, False or Uncertain? Explain.

1) The multilateral real exchange rates are calculated based on many currencies. The multilateral exchange rates help to determine the dynamics and performance of a country’s currency relative to major world currencies. In calculating multilateral exchange rates, one takes some world currencies, assigns them relative weights, and then computes the...

1) Explain the concept of the ‘sacrifice ratio’ and its relationship to disinflation 2) Comment briefly on why the ‘sacrifice ratio’ may differ between countries.

1) The sacrifice ratio refers to the cost of outputs that result from a reduction of the inflation rate by one percentage point over a given period. One way of reducing inflation is through stringent monetary policies that lower the inflation rate by one percent over a given period. The...

Do alcohol manufacturing companies fulfill their ethical duty to be informative and faithful in advertising? Do they generally hold their ethical duty to minimize potential harm to society from underage drinking?

It would be a blanket accusation if say that all alcohol manufacturing companies fail in their ethical duty to be informative and be faithful in advertising. However, it would be an overstatement to say that alcohol companies satisfy this requirement. Because of the price wars that are evident in the...

Should there be more restrictions on alcohol advertising? What limits are needed? Explain how a ban or restriction could meet the central Hudson guidelines

There is a need for restrictions in alcohol advertisement so that the vulnerable youth that seem to be the target of the alcoholic beverage manufacturers can be salvaged from underage drinking that risks interfering with their health and career life. The agencies that are charged with monitoring the contents of...

1) With the aid of a diagram explain the equation set out below: W/P = f(u, z). where W/P is the real wage, u is the unemployment rate and z is a vector of external variables. 2) Using your diagram from 1) above illustrate the impact of a rise in unemployment benefits. Explain your answer.

1) The equation W/P = f (u, z) is a wage-setting (WS) equation. An equilibrium in the labor market is attained when the WS relation is equal to the price-setting (PS) equation. The WS is the employees’ bargaining place while the PS is the company’s position. The wages (W) are...

Explain the IS-LM open economy model. Using the model, assuming a flexible exchange rate, examine the effect of a fall in government expenditure on output, the interest rate, the exchange rate and the level of exports.

An open economy is open to foreign trade of goods and services. An open economy means that there is a high demand for a country’s products abroad (exports) and a decrease in domestic demand for its products because of the imports. Thus, spending in an open economy is given by:...

The main reasons why the court ruled that videotaping a movie from television to watch later was not an infringement of copyright. Use the fair use doctrine to frame your argument.

The Supreme Court ruled that videotaping a movie from television to watch later was not an infringement of copyright because of the following reasons. According to the fair use doctrine, as long as the material used was not meant for profit, then there is no infringement of copyright law. Sony...

Research substance usage in at least three different countries on three different continents and the percentage of reported addicts in those countries. How does this relate to addiction and the societal view of substance use?

Substance use is not a common phenomenon in Japan. This could be due to the tough laws regarding substance use in the country. For instance, a person may get a prison sentence of 10 years for using stimulants, and a life imprisonment for selling drugs. On the other hand, Egypt...

How is the increase of diagnosis of treatable addictive diseases related to economy and profit? Does this make it more difficult to get help to addicts who need it due to strained or financially unavailable resources?

The increase in the diagnosis of treatable addictive diseases has made medical practitioners lose the income and revenue they earned from organized medicine. Previously, these practitioners held a critical and profitable role in dealing with addictions, which the psychiatrists and addiction counselors, later, assumed. A while ago, physicians and psychiatrists...

Should marijuana be criminalized? Explain

Marijuana should not be criminalized due to the following reasons. First, the health risks such as impaired attention, lung cancer, and schizophrenia that are associated with the use of marijuana can also be caused by the legalized drugs such as alcohol and tobacco. Thus why should marijuana be criminalized due...

Should marijuana be legalized? Explain

Marijuana should be legalized. The drug control policies have failed to prevent the use of marijuana in the country. This is based on the fact that a high percentage of the citizens are still able to access and use it despite its criminalization. Thus it will be better to focus...

Identify and provide details about the three elements of arrest warrants that satisfy the requirements of the Fourth Amendment warrant clause.

The first element of arrest warrants that satisfy the Fourth Amendment warrant clause requires that the warrant must be supported by probable cause, not reasonable suspicion. This means that several legal standards must be satisfied. Second, specific details must be provided concerning the person, the place, and the materials to...

Does unprovoked flight + high-crime area = reasonable suspicion? Explain.

This question is best answered by an examination of Illinois v. Wardlow. In the presence of a place marked for narcotics trafficking, Wardlow decided to flee upon spotting four police cars. He was apprehended and presented before a Supreme Court. However, the Court stated that headlong flight does not serve...

1. Identify the two elements of the qualified immunity defense, and explain why the test is so easy for officers to pass. 2. Identify and describe the differences between two kinds of state civil lawsuits against individual state officers. 3. Can one sue a judge or a prosecutor for damage? Explain.

1. The two elements of the qualified immunity defense include constitutional violation and establishment of the right at issue during the time of the conduct of a state officer. The test is so easy for officers to pass because of the nature of the job that plays a significant factor...

Identify the difference between the subjective and objective tests of entrapment. Identify two elements in the subjective test of entrapment and the two kinds of circumstances the government can use to prove defendants’ predisposition to commit crimes. Explain these tests using prostitution as an example.

The difference between subjective and objective tests of entrapment revolves around the fact that subjective test of entrapment focuses on the defendant’s state of mind, whereas objective test of entrapment focuses on the conduct of police officers during the entire period of inducement to commit the crime. The two elements...

1. Identify and explain the rationales behind the three justifications for the exclusionary rule. Which justification does the U.S. Supreme Court use today? 2. List and explain five exceptions to the exclusionary rule. 3. Is there a constitutional right to the exclusionary rule and the defense of entrapment? Explain your answer.

1. The three justifications for exclusionary rule include the fact that it is a fundamental right that should not be violated, there are no exigencies, and to deter misconduct of police officers. The justification that the United States Supreme Court uses today is the exclusionary rule as a personal right...

Why are photo identifications the most unreliable eyewitness identification procedure?

Photo identifications are the most unreliable eyewitness identification procedure and are the main reason behind increases in cases of mistaken identities. The main reason behind this revolves around poor encoding of information at the time of perception. This is influenced by a myriad of factors such as distance between the...

Identify and define the mental processes that account for mistakes in identifying strangers. Also identify the circumstances that affect the accuracy of perceptions in identifying strangers.

The mental processes in the identification of strangers are complex processes that demand more than basic memory of facts. However, three main mental processes account for mistakes in identifying strangers. These include acquisition, storage, and retrieval. Acquisition refers to the process of perceiving and collecting information. Several factors such as...

The Justice for All Act of 2004 is federal legislation that, among other things, grants federal inmates the right to petition the federal court for DNA testing to support innocence claims. There are other provisions that address preserving evidence and making post-conviction DNA testing available to state inmates. Analyze, whether it is worthwhile legislation and explain why?

Based on the analysis carried out on the limitations of forensic science in the justice system, it is discerned that the Justice for All Act of 2004 is a worthwhile activity that seeks to exonerate the innocent. The process of determining the validity and reliability of evidence presented in criminal...

With so much attention focused on scientific evidence in television crime shows, it is important to understand the limits of science and the problems associated with using this type of evidence in the criminal justice system. What aspects of the reading from the Innocence Project website are the most interesting and why?

The increase in the number of television crime shows that focus on scientific evidence in criminal justice systems has generated intense debate on the need to examine the problems and shortfalls of scientific evidence. After reading all the aspects of the innocence project, several issues seem to come out. However,...

Why should legal immigration be expanded?

Such issues as immigration have long-been debated by economists and policy-makers. In popular opinion, this phenomenon is often associated with job insecurity and increased expenses on social security. However, one should take into account that legal immigrants can pay the same taxes and insurance fees and they do not always...

What is cultural literacy and how can a firm use it to evaluate the attractiveness of a particular location as a place for doing business? What role does religion play in understanding culture?

Globalization can empower and mobilize people of a culture, providing them with a method of representing themselves and supporting a collective identity of the people that belong to the culture. However, globalization can disempower people through misrepresentation, providing a means of being colonized further; and boosting the loss of independence,...

Explain the term “Corruption” and what it includes.

Corruption occurs as a result of poverty in the whole world. Corruption occurs at all ranks of the society from the businesses, the government, the judiciary, and the civil society. The poorest are the most affected by corruption may they be in rich or poor economies. All elements of the...