Global Diversity Challenges at Lenovo - 881 Words

Lenovo Global Diversity The process of globalization has determined many companies to build a strategy intended to address the international business environment. This is because the potential of different counties as markets is very appealing. Therefore, they have to incorporate internationalization in their strategies. This also refers to global diversity. Multinational companies are interested in developing a global business environment that can help them reach their objectives. It is important to understand the effects that this strategy can have on company performance. Becoming a multinational company is a strategy that requires significant changes within these companies. Their managers must determine whether it is more profitable to become multinationals or to maintain their current status. Lenovo is one of the companies that have decided to become multinationals. This decision was determined by the companys interest in intensifying the efforts in the attempt to address international markets. The transition to a multinational company can become rather difficult for Lenovo. Therefore, it is important to understand the implications of this process, in order to be able to address its challenges, and to increase its benefits. Global Diversity Challenges Global diversity requires that companies that become multinational develop a workplace environment that can embrace this diversity. If there is little interest in addressing this issue, it is likely that globalShow MoreRelatedChallenges Faced By Lenovo And Merger1001 Words   |  5 PagesLenovo and IBM formed a joint venture by acquisition to form the third largest PC maker in the global world. Lenovo faced various problems after the merger and acquisition such as integration of human resource, cultural difference, financial distress and supply chain issues (Ng et al., 2012). 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Violence Is Defined As The Abusive Use Of Force - 1471 Words

Violence is defined as the abusive use of â€Å"force†. One type or another violence has greatly affected one of us, someone we know, and society as a whole. Every day, tons of children under the age of twenty are killed and many of these victims have died by gun wounds. By the age of 18, young people will have viewed an estimated two hundred thousand acts of violence on television. Many people wonder why we live in such a violent society, well because we are surrounded by violence every day, and it may occur in our daily lives through domestic violence, school violence, and through the mass media. With that being said, the news coverage has been bringing to our attention the crisis of violence afflicting the young generations all over the†¦show more content†¦There are many different versions of what happened on that day, which is why there have been so much argument from a lot of different people on whether this was another racial issue, or was it really self- defe nse. A couple hours before the shooting occurred, police officers got a phone call about a convenient store being robbed. Michael Brown was identified as the suspect in the â€Å"strong arm robbery† meaning there was no weapons, but the perpetrator used physical force. When the employee tried to prevent the man from leaving, the man grabbed his shirt, and pushed him into a display rack. A police report stated that based on the surveillance camera, they could tell that that perpetrator was in fact Michael Brown. Brown stole a box of cigars before he was shot to death. Officials say that the police officer who shot him, did not know Brown was a suspect of an armed robbery. According to police officer Daren Wilson, he had just received a phone call about a sick baby, when he came across brown and his friends walking in the street. Wilson pulled up and told the boys â€Å"get the fuck on the sidewalk,† to which Brown refused, letting the officer know that his Grandmaâ€⠄¢s house was a few feet away. Wilson claims that he stepped out of the car, to which Brown became scared, and grabbed for Wilson’s gun. Wilson and Brown tussled for a few seconds, before Wilson finally got away from Brown, and shot him in self-defense. Witnesses,

The Concept of the Corporate Governance Free-Samples for Students

Questions: 1.Why is good Corporate Governance Essential for a MNE? 2.What lessons regarding Proper Corporate Governance Practices, Especially when doing Business Globally, can be learnt from the Events referred earlier? 3.How does Financial Market Development Influence or relate to good Corporate Governance Practices? Explain. Answers: Introduction Corporate Governance is the process of implementation of various rules, processes and practices that governs the various operations of the business organizations. The main aim of corporate governance is to direct and control all the operations of the businesses (Brealey et al., 2012). Corporate governance has a significant role to play in the financial activities of the business firms. There are instances of different kinds of financial scandals and fraud all over the world. The main reason behind this is the improper implementation of corporate governance. The main aim of the report is to anlyyze and evaluates various aspects of corporate governance regarding to financial aspects of the organizations. 1.The concept of the Corporate Governance has been gaining an increase from the past ten years or more and a wide range of continents and countries has achieved the interests in the structure of the Corporate Governance. The structure is just not applied to the larger corporations of the public but also includes the wide range of the other forms of the businesses that include the enterprises that are owned by states, also the firms owned by the families and also the nonprofit organizations. The Governance is related to the performances and thus, the deliverance of the good results must be provided to the shareholders and the same must include the society, stakeholders, community and the financial and economical aspects as a whole. The better structure of a corporate governance leads to a contribution towards the facilitation of the competitiveness access towards the capital markets. It thus, helps in the development and the growth of the financial markets along with the upsurge of the economical development. The enhancement and the development of the practices in the corporate governance can help in the improvement of the decision making process that is a part of both the internal and between the governing bodies of the company. It thus results in the enhancement of the efficient procedures of the operations related to the business and finance of a company (Simionato, 2014). The best practices of a corporate governance results in the improvement of the system of accountability and thus leads to the risk and fraud minimization. It should have an assurance of the compliances with the laws and regulations applicable for the conduct of an effective system of governance (Lojpur Draskovic, 2013). The strong and effective governance gives access towards the capital and the growth in the economic conditions. Good and strong corporate governance provides an assurance that the environment of the business is just and reasonably transparent in form. In strong governance, the businesses can be held liable and responsible for their dealings and procedures. On the other hand, if the corporate governance is weak then it can lead to misuse, negligence, and dishonesty. It must also be noted and remembered that even though, the practice of the corporate governance has come out as a way of managing the modern corporations, the same has an equal importance in the enterprises owned by states, family owned businesses and other cooperatives (Jeston Nelis, 2014). Only a good governance structure has an ability of delivering the best performances of a good and sustainable business, regardless of any kind and nature of an undertaking. 2.Three of the major corporate governance scandals are the recent filing for bankruptcy by Hanjin Shipping; the Toshiba accounting fraud scandal and the Volkswagen emission scandal. The common theme behind these three scandals is the fault in corporate governance. However, these three scandals have taught many important corporate governance lessons to the world. These major lessons are discussed under: The recent filing for bankruptcy by Hanjin Shipping: One of the major lessons of this case is that the business organizations need to be ready to face major disruptions in the process of business. The business organizations need to have precautionary methods to face these disturbances (Kim, 2016). The second lesson is that the business organizations must have control over the supply chain of the organization. The total production and distribution processes largely depend on the supply chain of the organization, Hence, the businesses must have proper grip over the supply chain of the organization. The business organizations need to take effective steps to maximize the production capacity of each business locations. This process will increase the revenue and profitability of the organizations. One of the major lessons is that the organizations must effectively outline the risk mitigation strategies (Sun, Zi-Yi Yoshida, 2013). This is the major lesson that one can get from the Hanjin S hipping case. The Toshiba accounting fraud scandal: One of the major lessons that one can get from the Toshiba accounting scandal is the fair and truthful representation of the financial information. There must not be any kind of unethical practices in the financial statements of the business organizations (FRAUDS, 2015). This lesson is applicable irrespective of the size and type of industry. Another lesson is that there must not be any kind of irregularity in the accounting process of the business organizations. Another important lesson is the proper conduct of audit operation in the business organizations (Jennings, 2015). It can be seen that there is a deep connection between the accounting process and the audit operation as both depend on each other. Hence, to avoid accounting scandal in the organization, the proper conduct of audit operation is needed. The Volkswagen emission scandal: There are three major lessons that one can obtain from the scandal of Volkswagen. As per the first lesson, the business organizations must create diversity of thoughts and expertise in the governing bodies of the organization. For the proper running of the business organizations, the governing body plays a significant role. It is desired that the governing body is innovative (Blackwelder et al., 2016). These innovation leads to the development of diversified thoughts and ideas. The second lesson is to increase transparency in the organization by eliminating conflicts of interest. Different kinds of conflicts of interest can be seen in the organizations. in order to make the business operations transparent, the governing body must eliminate the conflicts of interest from the organizations. The third lesson is to ensure corporate social responsibility in the business organizations (Crte, 2016). The strategies of corporate social responsibilities help th e organizations to earn goodwill. These are the major lessons that one can get from the three corporate scandal cases. 3.It can be seen that there is a significant relationship between the development of financial market and the process of corporate governance. It is evident that corporate governance is a major positive factor in the financial growth of the market and business organizations. There are some major advantages of corporate governance in the development of financial market. First, Corporate governance helps the business organizations to increase their access to the external financing (ifc.org, 2017). This process has many advantages like it leads to large investments for the business organizations; it contributes to the higher growth of the financial markets; it helps the financial markets to create great employment opportunities and many others. After that, effective corporate governance leads to the lowering of cost of capital of the business firms. The lowering of cost of capital increases the valuation of the business organizations and the investment opportunities of the business firm s becomes more attractive to the investors. Effective implementation of corporate governance leads to better operational performance of the financial markets and this process contributes to the effective allocation of financial resources in the financial markets. As a result, all the business organizations can take advantage of this situation. In addition, this process creates the financial organizations wealthier. One of the major relations between the financial markets and corporate governance is that effective corporate governance helps to reduce the risks of the financial markets and business organizations. The reduction of risks is a major booster for the business organizations as due to the reduction of risk factors, they can operate freely. Apart from this, the reduction of risk factors from the financial markets helps to reduce the economic as well as the social costs. The proper implementation of corporate governance helps to establish better relationship between the business organizations and their various stakeholde rs. On the other hand, good corporate governance assists to improve social and labor relationship (Tricker Tricker, 2015). These are the main relationships between the development of financial market and corporate governance. Conclusion As per the above discussion, it can be clearly understood that corporate governance is a major aspect in the financial operations of the business organizations. The main aim of corporate governance is to govern and direct the financial activities of the business firm. Ineffective controlling of corporate governance can lead to serious accounting and financial frauds and scandals. There major cases of accounting scandals are the recent filing for bankruptcy by Hanjin Shipping, the Toshiba accounting fraud scandal and the Volkswagen emission scandal. From the analysis of the second part of the report, it is clearly understandable that the common theme behind all these three scandals is the ineffective of corporate governance in the organization. The proper implementation of corporate governance leads to the development of financial markets and business organizations. References Blackwelder, B., Coleman, K., Colunga-Santoyo, S., Harrison, J. S., Wozniak, D. (2016). The Volkswagen Scandal. Brealey, R. A., Myers, S. C., Allen, F., Mohanty, P. (2012).Principles of corporate finance. Tata McGraw-Hill Education. Corporate Governance and Development An Update. (2017).Ifc.org. Retrieved 18 April 2017, from https://www.ifc.org/wps/wcm/connect/518e9e804a70d9ed942ad6e6e3180238/Focus10_CG%26Development.pdf?MOD=AJPERES Crte, R. (2016). The Volkswagen Scandal from the Viewpoint of Corporate Governance.Eur. J. Risk Reg.,7, 25. FRAUDS, C. (2015). TOSHIBAS TOXIC CULTURE.Strategic Finance. Jennings, M. M. (2015). TOSHIBA LESSONS: ON NOT BEING SO JUDGMENTAL OF THE COMPANY OR JAPAN.Corporate Finance Review,20(2), 36. Jeston, J., Nelis, J. (2014).Business process management. Routledge. Kim, M. (2016). A Cape Town Protocol for Marine Assets: What Can We Agree on Right Now?.The Journal of Equipment Lease Financing (Online),34(3), 1. Lojpur, A., Draskovic, V. (2013). The institutional context of corporate governance and Corporate Social Responsibility.Montenegrin Journal of Economics,9(1), 27. Simionato, E. (2014).Sustainability Reporting and its Impact on Corporate Financial Performance(Bachelor's thesis, Universit Ca'Foscari Venezia). Sun, Y., Zi-Yi, G., Yoshida, S. (2013). Diversification strategy of japanese shipping industry.Journal of Maritime Researches Vol,3(1), 38-50. Tricker, R. B., Tricker, R. I. (2015).Corporate governance: Principles, policies, and practices. Oxford University Press, USA.

The Construction of the Postmodern Subject in Professional Writing

Entering the era of postmodernism, all spheres of social and political life have been affected by this movement, including music, art, literature, and education (Woods 9). Due to the appearance of the Internet, the process of writing has also undergone significant changes. It has become dependent from the computer screen being an alternative, postmodern method of knowledge acquisition and professional writing. In this respect, the problem of subjectivity has considerably contributed to the construction of the postmodern subject.Advertising We will write a custom essay sample on The Construction of the Postmodern Subject in Professional Writing specifically for you for only $16.05 $11/page Learn More In addition, the postmodern movement has also affected the style and character of the writing genre, making it more controversial and objective. The postmodern subject, thus, is now more focused on the connection between subjectivity and textual practice. The appearance of the so-called buzzwords as the result of cyberspace proliferation has altered the functions of texts that considerably affected the construction of the postmodern subject. In particular, the electronic text has become the ideological underpinning of the virtual world where people act as fictional characters (Lee n. p.) By changing the nature and the character of writing and text presentation, the matter of postmodern subject has undergone considerable changes as well. To be more precise, the ideology of cyberspace provided new approaches and methods for discussing different aspect of political and social life (Turkel 155). Besides, the revolution of computer technology has also influenced the nature and the character of the subject formation (Bolter 16).Therefore, while constructing the postmodern subject, the attention is riveted on disclosing the connection of the real world and the virtual world. Considering the issues of identity in postmodern era, the subject con struction is largely predetermined by the distorted identities created in cyberspace. In this respect, cyberspace identity as the basis of constructing a postmodern subject distorts the existing reality. Due to the fact that language in cyberspace also serves to mask the reality, the changes occurred to it also produce a considerable shift and constructing a meaning and subject of professional writing (Warschauer n.p). The rise of postmodern era has influenced the language and introduced new topical areas for discussion. The construction of postmodern subject is, therefore, closely connected with destruction of veritable meanings (Lyotard 154.). Although the purposes and conventions of meaning construction are still associated with disclosing the topic, the introduction of postmodern impact has changed the semantic grounds of topical writing (Dowson and Earnshaw 3). In particular, the main theme of postmodernism is narrowed to correlating between subjectivity and textual practice.Ad vertising Looking for essay on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More This controversies lead to the creation of postmodern subject that contradict the actual facts by producing the ideas that object to the obvious (Lyotard 129). It should also be noted that the postmodern writing and postmodern text in particular has now acquired the new meaning and functions. With regard to this, the postmodern subject is nothing more but linguistic trick enumerating different components that do not suit each other and, therefore, cannot be put together into a coherent whole (Dowson and Earnshaw 60). In conclusion, the problem of subject construction in postmodern era is primarily predetermined by the introduction of cyberspace communication. In particular, the approach to professional writing is often guided by the alterations introduced by online communication and the internet. The problem is that the postmodern subject is concerned with disclosing the ideas that often objects to reality, which is often explained by excessive usage of the Internet. In addition, considerable shift in meaning radically influences the professional writing and construction of postmodern subject construction. It has become focused on the connection between the subjectivity formation and textual practice. Works Cited Bolter, Tay David. The Computer as a New Writing Space. Writing Space: The Computer, Hypertext, and the History of Writing. Hillsdale NJ: Lawrence Erlbaum Associates, 1991, pp. 15-31. Dowson, Jane, and Earnshaw, Steven. Postmodern subjects, postmodern texts. Rodopi, 1995. Lee, Erik Chia-yi. Thinking Cyber-Subjectivity: Ideology and the Subject. Department of Foreign Languages and Literatures. Web. https://web.archive.org/web/20160103053908/http://www.isoc.org/inet96/proceedings/e3/e3_4.htm Lyotard, Jean-Francois. The Postmodern explained: correspondence, 1982-1985. US: University of Minnesota Press, 1993.Advertising We will write a custom essay sample on The Construction of the Postmodern Subject in Professional Writing specifically for you for only $16.05 $11/page Learn More Turkle, Sherry. Life on the Screen: Identity in the age of the Internet. NJ: Simon Schuster, 1995. Warschauer, Mark. Language, Identity, and the Internet. Race in Cyberspace. US: University of California, 2000. Woods, Tim. Beginning Postmodernism. US: Manchester University Press, 1999. This essay on The Construction of the Postmodern Subject in Professional Writing was written and submitted by user Yasmin Mendoza to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. 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