Essay --

INTRODUCTION This consultancy report is addressed to Walmart, the leading multinational retail company of the world planning to enter in recently liberalised and reformed Indian retail sector, where foreign direct investment has been allowed cent-percent in real terms. The report deals with four specified aspects. Firstly political system and risk of India is analysed from the perspective of Walmart. Next market potential is assessed with reference to opportunities and challenges. Further trade and investment barriers are detailed with reference to the observation of the World Bank. Finally entry mode and location choice is recommended for Walmart to operate in India, where the likely cross-cultural management point is also made. MAIN BODY Assessing Political System and Risk Political risk assessment is a vital part of international investment by multinational companies, where political risk all concerns to the risk that a host country ctreate through its political decisions that might be dterimental for on the success and survival of the multinational companyies in profitable manner. Unfavorable political system or policies might result in detriments in the extensive damage because of revolution to those of a more fiscal nature, in the form of the formation of laws that put off the movement of capital (Phung, 2009). Naturally whilst investing in Indian market Walmart needs to close assess the likely political risk situation in the country, from the perspective various factors relating to political risk. As Dà ¶rrenbà ¤cher and Geppert .(2013) argue that multinational companies might be breeding grounds for internal political pressure in a host country where fight for control amid head quarters and their subsidiaries might dis... ...minate the trade and investment barriers from the perspective of multinational companies such as Walmart. Hence, Walmart can hope a better trade and investment environment in Indian. It can work with the government in the country together with World Bank for negotiating maximum in its favour in the new policy environment, Walmart has more opportunities and challlenges, but opportunities may well be exploited only in the case of choosing the right entry mode. Walmart has two potential options in the forms aquisition or creating subsidiary in the country. The former would be comparatively more effective considering the unorganised nature of Indian retail sector. The success of this multinational company in India will be largely depend on cross-cultural management, particularly in the context of standardisation versus adaptation whether the later can be recommended.

Health and social care unit 1 m1 criteria Essay

In health and social care, there are many legislations, policies and procedures you have to abide by in order to maintain a lawfully and safe run setting. After watching the clip of Holby City, I noticed a few legislations, policies and procedures, being followed and being breached. Policies and procedures in a hospital are put in place in order to promote the health and safety of individuals. When watching the clip, I had noticed that Archie’s step dad was not allowed to enter the operating room or take part in the operation. This is because if in the operating room anything would have happened to Archie, the step dad would have felt at fault. Also he could have felt like Archie’s life was in his hands and would have or could have made a quick reaction mistake, thinking he was doing something extra to help when in reality he could have made things worse. We also see medical staff wearing appropriate clothing to minimise risks of cross contamination. They were wearing, face masks, aprons and head covers. Personal Protective Equipment (PPE) When watching the Holby City clip, I noticed that all medical staff were clothed accordingly, when operating on the child (Archie) and whilst preparing medicines and following procedures for the child in their care. Face masks, aprons and head covers were worn, to stop spread of germs, bacteria, illnesses or diseases. PPE is put in place in order to reduce the risks of cross contamination. Security During the Holby City clip, I noticed that all staff were wearing ID badges and that all doors were security coded. In also had noticed that all the patients notes were handled with care and not just left on the side. There was always a member of the medical tam holding on to the notes so that they were not seen by anybody who did not need to have a glimpse of the notes. Legislations, laws, acts and regulations are put in place for all workplaces to abide by lawfully =. They are put into practice to protect all individuals. Control of Substances Hazardous to Health (COSHH) This regulation is put in place to ensure that any substances and chemicals are handled and disposed of correctly. In the Holby City clip, this regulation was breached. We see one of the nurse’s droop and mix up two different types of medications. The nurse did not act on the issue appropriately, which the later led to Archie’s death. The wrong medication was given to the patient, which meant that he was taking a lethal dose of the wrong medication. Medications should have been prepared in a medication dispensary, if the medication was prepared in the dispensary, the risks of the medicines being swapped would have been reduced. She wouldn’t have been as pressured as she was in the clients resting room and wouldn’t have acted in a pressured way. The nurse also didn’t report the incident that occurred. If she reported the incident, she and the other medical staff could have acted accordingly; the medication would have been disposed of appropriately and then prepared again with caution. Then they could have found a way of then reducing the risk of happening again. This was an act of omission that she had committed.

Using the Data and Your Economic Knowledge, Assess the...

Improvement in the UK economy is usually dependant on the improvement of four major factors, economic growth, balance of payments, unemployment and inflation. This should lead to steady economic growth that would lead to a steady increase in the productive capacity in the economy. Income tax is the percentage of income that people are taxed upon that is given to the government. There are many policies that can be used to tackle these certain goals, for example fiscal and monetary policy. Fiscal is a change in government spending or taxation, an example of fiscal policy is to reduce taxation and thus give consumers more spending power, hopefully increasing economic activity. Monetary policy is centred on interest rates, for example reducing†¦show more content†¦This also improves the distribution of income, a reduction in the unemployment rate with result in households yet having more spending power and yet encouraging more economic growth. An increase in employment will resu lt in an improvement in the budget deficit as there will be a decrease in the demand for welfare benefits, thus improving the economy. The increase in the supply of goods and services (due to an increase in demand) is also expected to reduce demand pull inflation, as there is now less competition for few goods, lowering the prices to a healthy equilibrium. This can be shown in a demand and supply diagram. However, these long and short term economic improvements are only what is predicted to happen and there negatives to the reduction in income tax. A factor that the government must take into account is the budget deficit, can the government afford to simply cut income tax that is a large source of revenue for the budget. A worsened budget deficit could have devastating impacts upon the economy, for example less people able to have the benefits they require, (this would also reduce demand in the economy as those on benefits generally spend the money they have as they do not have spare to save, this may damage the economy even further) or a reduction in money towards health care. Also, a reduction in income tax does not necessarily meanShow MoreRelatedImpacts of Global Financial Crisis on Hrm Policies8256 Words   |  34 Pagesapproach will not only push down the morale of your employees but it will also shove your talented  workers  from leaving your  organization. Retaining the right employee is a crucial challenge for any  HR manager. In the book of Jim Collins â€Å"Good to Great†, he does not agree with the old adage â€Å"People are your most important asset†. According to him, employees are not the most important asset of the company but the â€Å"right† employees are. 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