International Business Assignment Example | Topics and Well Written Essays - 2000 words

International Business - Assignment Example The agreements of WTO are lengthy and complex because the deal with legal issues covering a range of activities. WTO is known as the multilateral trading system (World Trade Organisation, 2011). Globalization Globalization is referred as unification of world into one entity. It captures the changes that take place in the world economy (Indabawa & Mpofu, 2006, p.136). Globalisation is also referred to as the growing interdependence of the countries resulting from finance, trade, people and ideas. Advantages and disadvantage of globalization Advantages Global outsourcing is the global phenomena. Countries like US send its employees overseas which helps it compete in the global environment. The rate of production increases when countries produces goods and services in areas which they have a comparative advantage. With the help of Global integration, poverty has been reduced. As the developing countries gets new employment and exports to. Research and development jobs are better done wh en the work are outsourced because work is completed at an early time as the scientist and engineers work 24/7. The domestic companies are forced to produce better quality of goods so that they do not face competition from the foreign markets. Taxes are usually lower for countries like Malaysia and Singapore, and the financial incentives are quite high in such countries. Disadvantages Many of the people have lost the jobs especially in America due to imports and as the production shifts abroad. Many of the employees got laid off. Most of the jobs that were sent overseas from US were the employees who lost their jobs permanently. Most of the workers still fear losing job, especially companies which are under competitive pressure. Many companies have reduced the wages in order to stay ahead in the global economy. The companies had also reduced health and retirements benefits and also eliminated few pension plans. Globalization of industries, finance, and trade is accomplished by globa lisation of terrorism and crime (Dubrin, 2011, p.57). International Business   International business is described as business activity that crosses the national boundaries. The entities can be private or government or in certain cases it can be both. International business is categorized into four types. Foreign trades, portfolio investment, trade in service and direct investment. In foreign trades, export and import takes place. Goods are physically moved between countries. Export consists of merchandise that leaves a country whereas imports are those which are bought into the country. Exporting and importing comprises the largest fundamental of international business. Countries also trade in services such as banking, insurance, hotels, travels and transportation. Portfolio investments are referred to as financial investments made in foreign countries. The investor purchase debt or equity with the expectation of getting a financial return on the investment made. Direct investmen ts are differentiated on the grounds of control. A firm can own a foreign subsidiary entirely or even partially, such as joint

Math Modeling Essay Example | Topics and Well Written Essays - 750 words

Math Modeling - Essay Example Thus both the subjects are pure creations of the human intellect and exist only in our creative plane of abstraction. In its outset, it seems surprising that there must be a mathematical basis for music, but centuries of mathematical thought form the theoretical foundation upon the modern musicology has been built. All fields of modern mathematics have found applications in musicology – from the simple tuning of instruments and the description of notes to numerical algorithms for tonal temperament. The very description of notes begins with mathematics. All the notes that we are familiar of - A, B, C major, C minor- and so on are ratios of each other. Music is nothing but the harmony of sound waves reaching our ears. Each wave is characterized by its amplitude (which determines its sound or pitch), frequency, shape of its wave envelope, beat and so on. The ‘A’ note for example has a standard frequency of 440 Hz. All corresponding notes until the next octave of 880 Hz are in a fixed ratio to each other (this ratio is the subject of our further discussion). It has been found from our experience that these notes are melodious and when played in the correct combinations create the sensation of music. This description might create a rather mechanistic view of melody but the selection of the right notes is not easy and can come only with deep knowledge, practice and a more than an average talent. String instruments use this manipulation of notes (or equivalently frequencies) to the fullest. A flute produces unadulterated notes. A string on the other hand also produces what are known as ‘harmonics’ of the original notes. A 440 Hz note has its ‘first Harmonic’ at twice the frequency and half its amplitude, the second harmonic at thrice its frequency and a third of its amplitude and so on. This iteration can continue as long as the frequencies are too high to be discerned or the amplitude is too low to be heard. Thus the