Electronic Visions Regarding Entrance Into The Asian Market

Tyler Merrifield Professor Boyce 4/9/15 Zap #2 Part 1: Challenges to Electronic Visions regarding entrance into the Asian market The entry strategy for Electronic Visions (EV) to enter the Asian market is by finding a partner inside such markets as China, Malaysia, and Thailand to help build up the company s reputation through marketing and financing of the product. Having someone inside the market that is local can help build trust because Asian businesses only like doing business with people they know and trust, so this should be a good strategy to help EV enter the Asian market. The steps for implementation of the entry strategy into the Asian market include the following: †¢ Find out which countries markets they would like to enter and do business with. †¢ Find a partner in each country they want to do business in †¢ Either set up offices in the countries EV wants to do business or just have the EV partner go and meet with the potential Asian business partners †¢ Start building relationships with the businesses over in Asia since trust and honesty are a huge part of their culture †¢ Maintain open lines of communication and continue to promote how reputable and trustworthy EV is, so that the Asian businesses will feel comfortable with EV and want to do business with them †¢ Have the CEOs of EV meet with the potential Asian business partners to show how much they really want to do business with them †¢ Once a contract is signed, that does not mean immediate business withShow MoreRelatedMarketing strategy of Teletalk Banladesh3931 Words   |  16 Pagessuccessful in operating a standard network and give proper service to the people of Bangladesh. 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Sigmund Freud Theory Free Essays

I have learned that many advertisements sexualizes the young generation in order to be profitable. As a father of a little girl, I am greatly affected and concerned that people in the advertising company abuses their innocence and their being gullible for their own interest without thinking of the possible repercussions that will happen. As Sigmund Freud theory goes, adolescence are in the stage where they have to build their own identity, or they will end up having role confusion. We will write a custom essay sample on Sigmund Freud Theory or any similar topic only for you Order Now This age group are seen as naive and vulnerable. They are easily influenced and persuaded with what they see and hear. When social Media, TV advertisements, magazines used images that exemplify the perfect women and associates them with sexual notions, they are easily drawn to this notion in order to identify themselves and feel that they belong. And when they do not feel that way it results to some psychological effects like eating disorders, depression, self mutilation or even suicide. I also have learned that promoting violence in pictures and making them look presentable is never acceptable. Individuals should be treated equally with dignity and respect. When we become accustomed to these images of maltreatment and deliberately harming human beings we normalized these acts. We automatically associate these events as something natural and typical that happens in society and in our day to day life. Like for example, the image of where a woman was covered with bruised like marks but was choreographed to appear sexy and provocative or for instance the picture of a woman who had her back against the wall and a leg that appeared to be kicking her but was staged to make it alluring. Enticing images of causing harm in any form coverts society from what is right and wrong. Last but not the least, I have learned to treat each woman equally regardless of her status in life but respect her individually for the choices she makes. Each woman should not be associated with one perfect image. She has her own identity, personality, aspirations and uniqueness. How to cite Sigmund Freud Theory, Papers

Introduction of Management CSL Ltd and Macquarie Group

Question: Discuss about the Introduction of Management of CSL Ltd and Macquarie Group. Answer: Introduction An organization in the society lays a crucial role in the development of the nations economy. According to Stroes (2013), in Australia, the Gross Domestic Product is 1.1% in 2016 and they have $1499.30 as their average weekly earnings. In this business report, two organizations are taken into consideration- CSL- the Australian Blood and Serum Products Company and Macquarie Group- the investment-banking group. CSL is a global specialty biotherapeutics organization and offers innovative biotherapiesfor helping people with life-threatening medical conditions (CSL Ltd, 2016). On the other, Macquarie Group, known as top ranked mergers and acquisitions advisor and is a diversifiedfinancial services group that offers common people banking, financial advisory, and funds management services to corporate and retail clients (Macquarie, 2016). In this business report, the vision and mission statement of these two companies will be compared along with the values of the organisation and corporate social responsibility/sustainability. Moreover, the influence of stakeholders of these two organizations will be compared in this report and analysed whether these two companies have fulfilled their SMART goals, which is followed by the overall conclusion of the study. Discussion Vision or mission statement CSL Ltd. Grant (2014) illustrates that the mission of CSL Ltd. is to grow as Australian public company specialising in biological products that work for the benefits of the Australian and international health care. On the contrary, Cano-Garrido et al. (2016) depicts that the company vision to be committed with the Patient Care, Education and Research throughout their business procedure. CSL Ltd. recognizes that the staffs are valuable assets, contributes optimal therapeutic outcomes and promote wellness. Moreover, Wang et al. (2016) demonstrates that the concerned organization foster an environment that provides knowledge regarding rational use of medication and train their staffs to enhance their professional development, educating patients and healthcare professionals for using the medication and medical equipment with proper care. They also emphasizes on developing and conducting research for the efficiency of the medication by utilizing research methods and supporting interdisciplinary co llaborative research. Macquarie Group The mission of the Macquarie Group is to work with integrity so that they can provide lawful business to their clients (Macquarie, 2016). This organization also offers high-end client commitment and then strives for consistently superior profitability. Macquarie Group also committed with their client and they respect them as their subordinates, peers and superiors. Teamwork and high standard of work is also a part of their mission for achieving the business objective of their organization (Khler, 2014). Macquarie Group visions to be the leading investment group in Australia and across the world by creating long-term client partnerships and to attract, retain and develop the best professionals. Values of the organization CSL Ltd. Zuris et al. (2015) illustrated that the values of the CSL are to set a foundation where every individual serve as a decision-making expert with some set of values that form the CSL Group. These values are customer focus, innovation, integrity, collaboration and superior performance. Figure 1: Values of CSL Ltd. (Source: CSL Ltd 2016) CSL Ltd emphasised more on the customers need and intends to fulfill their heath threatening requirements. Moreover, they research for better ways by which they can resolve the adverse health situation of human beings in the society and integrity resembles their honesty and ethical consideration through which they precede their business activity (Gasser et al., 2014). Lastly, Edner et al. (2012) illustrates that collaboration and the superior performance that they value which resembles that CSL Ltd believed in working collaboratively to achieve the organizational goals and strives to perform the best in their work that is to save life from numerous disease. However, Stroes (2013) depicts that this organization has a particular area for improvements that is to deliver protein-based treatment to their patients at an affordable cost so that every patient can save from deadly disease. Macquarie Group On the contrary, Gennaioli et al. (2015) depicts that Macquarie Group values the opportunity that will benefit the community and their shareholders. The concerned group stands on three long-held principles- opportunity, accountability and integrity. Figure 2: Values of Macquarie Group (Source: Gennaioli et al. 2015) The specific goal of Macquarie Group is to seek new opportunities in candidates who can serve their best to perform their business objectives. Thus, Sippel et al. (2016) illustrates that this organization starts with real knowledge and skills and encourages innovation, ingenuity and entrepreneurial spirit. Furthermore, Lewis (2013) portrays that this organization believes that with opportunity, accountability is the next step to ponder. Macquarie Group never compromise with their standards and take liability for their action on behalf of their clients and shareholders. The experts at Macquarie Group evaluate and manage risks in investments and make profitable decision so that not only the company can be benefited with their action but it will also advantageous for the community also. Metcalfe (2013) lastly demonstrates that integrity is the last principle that the concerned group follows which resembles that they accomplish their work and utilize clients money honestly and fairly. Th e area where the company can improve is to educate the customers about financial literacy and financial technology by exploring advances in mobile payment options and integrating existing system with new formats. Corporate Social Responsibility/Sustainability CSL Ltd. Lewis (2016) mentioned that corporate social responsibility (CSR) at CSL Ltd can be seen through their business approach that is to save life from deadly diseases by conducting business ethicallyand providing benefits to economy, society and environment. Tricker (2015) also depicts that the concerned organization behaves responsibly to represents their sustainability of their company. Trong Tuan (2012) illustrates some of the corporate responsibility towards the community that can be achieved through measureable approach like- researching and developing new medicines for unmet needs, ensuring safe therapies, providing a positive working environment, supporting our patient, biomedical and local communities and diminishes the adverse impact on the environment. This organization develops protein-based medicines that help to curb human health challenges in future. The RD department of CSL Ltd is a member of Boards Innovation and Development Committee and leads the Global PharmaPlan Commi ttee to innovate new medicine for wellbeing of people (CSL Ltd, 2016). CSL Ltd also measures the carbon footprint and takes active participation in climate change programs for identifying carbon risks and opportunities. Furthermore, this organization provides awareness regarding the increasing problem of global warming and climate change through their education programs, and public reporting. Figure 3: CSR rating of Macquarie Group (Source: Macquarie 2016) Macquarie Group The Macquarie Group have a CSR rating of 55% compared to all investments companies (Macquarie, 2016). Bouvain et al. (2013) mentions the concerned group has committed 49% of the companys commitment and effectiveness with their clients and global community. This also resembles that they have shared a portion of annual revenue in the voluntary work and charitable giving. The social responsibility can be achieved through measurable goals of valuing their employees by fulfilling their labour relations and labour rights (Michelson et al., 2016). Macquarie Group also initiates for fair treatment of each employee and robust diversity (EEO-1) programs and addressing to core ILO standards for labour codes. Haski Leventhal (2013) on the contrary describes that this group also values the environmental performance, diminishes the environmental footprint and participate in making the community as well as their employees learn about the energy-efficient operations and the concept of reusability along with the pollution prevention programs. This group also emphasize on digital work so that the use of papers can be reduced. Lastly, in governance corporate responsibility, Lewis (2013) mentions that the company provide rights andresponsibilitiesand discloses all the policies and procedures for boards diversity and better organizational policies. Stakeholders mentioned in their corporate statements CSL Ltd. Weeks et al. (2014) defines that stakeholders are the independent party that are directly and indirectly committed with the organization and affected by institutes activities and helps in achieving the business goals set by the organization. Stakeholders can be the owner of the company, the employee and their families, customers, investors, government, community and business partners. Figure 4: Key stakeholders of CSL Ltd (Source: CSL Ltd 2016) The key stakeholders of CSL Ltd are patient groups, employees, investors, healthcare professionals, plasma donors and other that is illustrates in the above figure are those, who helps in achieving the business goals for treating people with the best treatment (CSL Ltd, 2016). These stakeholders cover different activities like provision of educational material to their patients and society people. Cano-Garrido et al. (2016) depicts that regular meeting, biennial survey, visits to major suppliers conversation with health professionals are some of the stakeholder engagement programs that CSL Ltd follows. Zuris et al. (2015) portrays that this organization undertake roadshows and forums to make their investors knowledgeable about their business approach. Macquarie Group Figure 5: Key stakeholders of MACQUARIE GROUP (Source: Macquarie 2016) The stakeholder of this group understands the needs of their key stakeholders by providing them banking and financial advice so that they can make proper investments for a secured future and achieve the business objectives (McManus et al., 2014). The investments analysts of this group helps in decision making for disrupt decisions in order to introduce new ideas for better productivity and profitability. Government and rating agencies of the company put their effort by measuring their performance and suggesting new ideas for the development of investment approach. Conclusion In this business report, two different companies are taken into consideration that is CSL Ltd and Macquarie Group. The former company provides protein-based treatment their clients whereas the former organization provides money investment related advice to their clients. CSL Ltd targets to provide their treatments at an affordable cost and the latter organization plans to provide opportunities to candidates so that they can invest their money in a better way for secure future. Moreover, the stakeholders for each organization helps these organization to achieve their business objectives and the results can be measures from the satisfaction level of the clients. CSL Ltd already helps in the treating many people and Macquarie Group successfully provide investments advices to institutional, corporate and retail clientsand thus it can be concluded that both the organization have realistic achieved their business goals and intends to develop. Thus, both the company have achieved their SMAR T goals and have confidence in the truth that depicts their believe and value. Reference List Bouvain, P., Baumann, C. and Lundmark, E., 2013. Corporate social responsibility in financial services: A comparison of Chinese and East Asian banks vis--vis American banks.International Journal of Bank Marketing,31(6), pp.420-439. Cano-Garrido, O., Snchez-Chardi, A., Pars, S., Gir, I., Tatkiewicz, W.I., Ferrer-Miralles, N., Ratera, I., Natalello, A., Cubarsi, R., Veciana, J. and Bach, ., 2016. Functional protein-based nanomaterial produced in GRAS microorganism: A new platform for biotechnology.Acta Biomaterialia. CSL Ltd, 2016. [online] CSL Ltd Csl.com.au. Available at: https://www.csl.com.au/about [Accessed 8 Aug. 2016]. Edner, N., Castillo-Rodas, P., Falk, L., Hedman, K., Sderlund-Venermo, M. and Allander, T., 2012. Life-threatening respiratory tract disease with human bocavirus-1 infection in a 4-year-old child.Journal of clinical microbiology,50(2), pp.531-532. Gasser, P., Holstein, D., Michel, Y., Doblin, R., Yazar-Klosinski, B., Passie, T. and Brenneisen, R., 2014. Safety and efficacy of lysergic acid diethylamide-assisted psychotherapy for anxiety associated with life-threatening diseases.The Journal of nervous and mental disease,202(7), p.513. Gennaioli, N., Shleifer, A. and Vishny, R., 2015. Money doctors.The Journal of Finance,70(1), pp.91-114. Grant, W., 2014. Environmental and Regulatory Sustainability of Biopesticides. InBusiness and Sustainability(pp. 103-117). Springer International Publishing. Haski Leventhal, D., 2013. Employee engagement in CSR: The case of payroll giving in Australia.Corporate Social Responsibility and Environmental Management,20(2), pp.113-128. Khler, M., 2014. Does non-interest income make banks more risky? Retail-versus investment-oriented banks.Review of Financial Economics,23(4), pp.182-193. Lewis, G., 2013. Australia's regulatory panopticon.AQ-Australian Quarterly,84(4), p.26. Lewis, G.J., 2016. Responsibility, Sustainability and Moral Judgement in International Corporations: A Review and Critique. InEthik im Mittelstand(pp. 57-85). Springer Fachmedien Wiesbaden. Macquarie., 2016.Personal Banking Australia | Products Services For You | Macquarie. [online] Macquarie.com. Available at: https://www.macquarie.com/au [Accessed 8 Aug. 2016]. McManus, P., Shrestha, K.K. and Yoo, D., 2014. Equity and climate change: Local adaptation issues and responses in the City of Lake Macquarie, Australia.Urban Climate,10, pp.1-18. Metcalfe, B., 2013. The Market Potential of Australia s New Foreign Banks.European Journal of Marketing. Michelson, G., Waring, P. and Naud, P., 2016. Special issue: International perspectives on corporate social responsibility.Journal of General Management,41(3). Sippel, S.R., Larder, N. and Lawrence, G., 2016. Grounding the financialization of farmland: perspectives on financial actors as new land owners in rural Australia.Agriculture and Human Values, pp.1-15. Stroes, E.S., Csl Limited, 2013.Treatment of endothelial dysfunction in diabetic patients. U.S. Patent 8,557,962. Tricker, B., 2015.Corporate governance: Principles, policies, and practices. Oxford University Press, USA. Trong Tuan, L., 2012. Corporate social responsibility, leadership, and brand equity in healthcare service.Social Responsibility Journal,8(3), pp.347-362. Wang, X., Bodman, A., Shi, C., Guo, D., Wang, L., Luo, J. and Hall, W.A., 2016. Tunable Lipidoid Telodendrimer Hybrid Nanoparticles for Intracellular Protein Delivery in Brain Tumor Treatment.Small. Weeks, G.R., Ciabotti, L., Gorman, E., Abbott, L., Marriott, J.L. and George, J., 2014. Can a redesign of emergency pharmacist roles improve medication management? A prospective study in three Australian hospitals.Research in Social and Administrative Pharmacy,10(4), pp.679-692. Zuris, J.A., Thompson, D.B., Shu, Y., Guilinger, J.P., Bessen, J.L., Hu, J.H., Maeder, M.L., Joung, J.K., Chen, Z.Y. and Liu, D.R., 2015. Cationic lipid-mediated delivery of proteins enables efficient protein-based genome editing in vitro and in vivo.Nature biotechnology,33(1), pp.73-80.