Media comparison Essay Example | Topics and Well Written Essays - 500 words

Media comparison - Essay Example This made the consulate an easy target. Al Jazeera explains that the Libyan bureaucrats had given stern warnings to the American envoys to vacate the building just before the attack (Ryan, 2012). This was after the Libyan citizens began to protest against a movie ridiculing the Prophet Muhammed of the Muslim community. However, the diplomats did not listen to them. The building was finally attacked leading to the sudden deaths of the US ambassador to Libya among other three Americans. Ten Libyans were also killed. Fawzi Abd al-Aali, a representative of eastern Libya’s interior ministry, stressed that the Americans could have escaped in the first few hours of the protest when the crowd was still manageable (Ryan, 2012). He also accredited the disaster to the state’s inability to enforce security and also the uncontrolled possession of heavy weapons by ordinary citizens. However, the report according to the US Media Consulting is different. It suggests that the attack had probably been organized and preplanned by the al-Qaida and dismisses the claims that there had been an anti-American protest. Moreover, the report claims that Christopher Stevens had always raised alarms that his life was in danger, specifically spotting the fact that he had been listed in the al-Qaida punch record. Political analysts associate this to his continuous concern with al-Qaidas growing numbers in Libyan main towns. According to the US Media Consulting industry, the attack was organized by the al-Qaida probably with the help of the former Guantanamo Bay inmate Sufyan Ben Qumu (Post, 2012). Comparing the two reports, it can be deduced that most media firms always tend to be biased. The report according to the US Media Consulting firm tends to dismiss the fact that the attack on the United States consulate in Bhengazi was due to the anti-American protest (Post, 2012). The coverage seems to be biased trying to protect the American image. Instead, it blames the al-Qaida for the

Case study #3 Example | Topics and Well Written Essays - 750 words

#3 - Case Study Example Age: with the advancement of age, the condition of presbycussis may become more profound having started from early adulthood sometimes from as young as 18 years. It may occur due to prolonged exposure to noise. Noise inducement: in case one gets exposed at a time to very high frequency sounds, then one can become either partially or permanently deaf. It may be due to destruction of sensorineural nerves. The higher the pitch of the sound exposed to may vary the extent of damage to the ear. Very high noise causes a higher degree of damage in much shorter time than low levels of noise. Genetics: sometimes deafness conditions can be hereditary. Where dominant genes exist between parents, the higher are the chances of the offspring acquiring deafness. Modern science identifies non syndrome and recessive types of deafness. Boys Town Hospital is an institute in Nebraska researching genetic and hereditary deafness. Their website reveals genetic fact sheets and information regarding syndromes related to deafness. Moreover, they offer recruitment to people willing to learn about hearing impairment. It is duly registered by the Registry for Research on Hereditary Hearing Impairment. Lastly, New York Rockefeller has also conducted studies investigating non-syndrome impairment. Other Universities and Medical research institutes across the globe have taken steps to ease the diagnosis and possible remedies on the condition. Ferdinand Berthier was an intellectual and an educator in the late 19th century in France. He was born deaf. He was also a political organiser in France politics. He was the founder of the first organisation that took good care of deaf people. He fought for recognition of deaf people in such capacities as political seats, leadership roles in organisations, stating that disability is not inability. The aim of the organization was, â€Å"to bring together all the deaf

Managing Information system in Multi National Companies

Managing Information system in Multi National Companies Implementing Managing Information system in Multi National Companies (MNC) Multi National Companies: The multinational company that has its facility in other country other than native place means in different country head office in one country and branches in the other country, the head office will control the all sub branches due to the global management, with this global management the multinational companies have very large and increasing the jobs and economy of the small countries. All major multinational companies are from America, Japanese or western European like wall-mart (in U k its is known as ASDA) Coca-Cola, Honda and famous BMW, the multinational companies will say that they all are increasing the job in different countries and as well as wealth and technology also increasing in the small countries and those companies will helping to country to develop the country. http://www.investopedia.com/terms/m/multinationalcorporation.asp Multinational companies and global business: Today the global products have demands from global customers and multinational companies are realize the cost advantages in traditional input factors like labour, raw materials. Finally the multinational companies are decided to investment in the knowledge and technology on the global basis. Computer business allow the multinational companies to provide service around the world wide, now a days the global market is on boom because Example:- the product which will lunched on America, the same product will receive the Europeans with the global market the product will lunched in the Europe also for this the company growth will increase and the job vacancies also increases so indirectly the MNC will helping to country to develop and the MNC sub branches in different countries like call centres to service the customer and helping them to using the product. As the world economy continues to globalize and integrate, the imperatives for management to act in a globalized manner become more crucial. Companies must therefore rethink and reengineer their entire business processes their organizational structures, staffing, and especially their information systems and technology infrastructures on an international level. Those which fail to do this will never be able to attain or maintain a competitive edge in global market. Information System Services Structures In Multinational Companies: If there are images in this attachment, they will not be displayed.Download the original attachment Research on IS shows that alignment between IS and organisation is kost important issue. The alignment issues of IS and multinational companies (MNCs), particularly in the area of IS services in multinational environment. The factors which control this issues are ORGANISATIONAL CONTEXT SYSTEM OWNER SYSTEM GOAL DATA PEOPLE ORGANISATIONAL STRUCTURE COMPUTER SYSTEM AND ORGANISATIONAL ENVIRONMENT over the past years re-alignment and removal of national boundaries around the world has been achieved by restructuring of national economic policies by opening many routes for international trading. This solved the problems faced in IS management by introducing this issues across a number of cultural barriers. A Multinational Company (MNC) can be defined as a company that has operations in more than one domestic area, that is at least one foreign subsidiary company should exist. Compared to domestic companies the major difference in managing MNCs relates to distance, time, and variability in multinational operations. The headquarters and their subsidiaries are located in different areas and even in different time zones over the globe which affect the coordination between headquarters and subsidiaries which is further complicated to balance the subsidiaries demands for delegation of authority due to regional difference in foreign markets against headquarters demands. Multi domestic MNCs view world as a composition of number of different domestic markets, they will decentralize all decision making authority to subsidiaries. In this subsidiary can be regarded as a fully autonomous unit (Each subsidiary acts as a single entity without the need of coordination with other groups). This is referred to as decentralized MNC. Global MNCs view world as a single market, they control all the subsidiaries as a single entity and they ignore differences contingent in markets. In this decision making authorities are centralized and this form of MNC is referred as centralized MNC.As decentralization requires strong central direction, to be successful in decentralized approach it requires as much direction as centralization. Here exist an intermediate form of MNC Transnational MNCs which emphasize the tension between force for integrationand national responsiveness. In this decision making authority should be divided among the locations. It should be partly centralised at headquarters to locate corporate issues (strategic) and partlybe decentralized into subsidiaries to take care of local issues. (Operational). Is And Organisation Alignment-Is Resources Distribution: IS and organisational alignment issues is restricted to the structural alignment between IS and organisational characteristics of MNCs and is particularly focused on IS resources distribution domain. The discussion of alignment is based on fitness approach. Organisational Context: Different business strategies affect the location of decision making. Hence different degree of IS centralization / decentralization is demended to meet the needs.It is also the case that the greater level of international involvement of MNC,the greater the degree of heterogenous environment that the MNC will face. Systems Owner A view of the world that is homogenous influence top management to adopt global strategies and to produce standards products. this resultant will effect on the structuring of IS services, centralized IS is more suitable for a company with a homogenous view of world. System Goal Different IS services organization are oriented towards goals and focuses on centralized IS and tend to facilitate effeciency in use of companys resources such as data, people, resources etc.,Centralization of IS supervise information access and achieve large measure of control over supply of informatio, there fore it favours effeciency and control. Data: If Greater the degree of the data shared, the more centralized IS services should be done to reduce duplication.All the unshared data should be decentralized into subsidiary locations to enhance the sence of data. Centralization generates an environment where it is more easier to ensure data standards. People: Centralized IS structure assist in creating an attractive environment for technical staff by providing techinical IS career path. Decentralization encourages the transfer of knowledge from IS staff to users and vice versa. Different level of technology development and education infrastructures of countries means that required IS skills may not be available in all countries.suitable qualified IS staff are available in headquarter office . centralized makes it easier to carry out techinical support and decentralized IS staff can be found in subsidiary countries. Finally the salaries of IS professionals are largely dependent on economic situations of the country from where he is hired. Organizational Structure: Global organizational structure have most information processing capacity in the headquarters, where decisions are made, to pass information in the organization. organization structure have processing capacity located in the subsidiaries, where decisions are made by supporting decentralization of IS services. Computer Systems A centralized IS can assist in maintaining high level of systems security by concentrating in all resources in one site which is easier to implement various procedures . A decentralized IS can assist in maintaining a high level system reliability in different sites. so that each system can act as a backup. Required hardware and software may not be available in all countries ,which is a problem intensified by various factors. IS services should be centralized to make it easier in getting required hardware and software.IS should be decentralized to facilitate technical support and development. Organization Environment: MNCs use monopolistic power to crush competitionand to gain favourable ratingsfor investment.Government therefore , sought to exercise control over multinational corporations operating under their jurisdiction. further setting up IS services in subsidiaries will involve a huge investment from MNCs. Information systems strategies for multinational companies in Arab Gulf countries: With the emergence of an expanding inter -dependent global economy, information systems (IS) strategies need to face the challenges of internationalization. The growth of multinational business has led many corporations to support significantly high level of IS operations and IS applications development in foreign environments. By developing a conceptual framework, this paper addresses multinational companies (MNCs) IS global policy formulation and several implications for IS management issues in Arab Gulf countries (AGC). The objective is to illustrate the uniqueness of the business and IS problems confronting MNCs in AGC. Insights have been gained from examining the implications of the pertinent economic, sociopolitical, legal, and cultural variables that affect MNC IS global policy formulation. The uniqueness of the business and IS problems confronting MNCs in the AGC are illustrated. Helping MNC IS executives/professionals to understand the differences between their own environme nt and the one in which they must operate can improve their IS functions in this region. AGC native companies with IS activities can also benefit from such an analysis in managing their multinational personnel. Information systems for multinational enterprisessome factors at work in their design and implementation: Information systems for multinational companies (MNCs), referred to as international information systems (IIS), have been a problem area for many years, yet have failed to attract more than token attention from the academic information systems research community. This study applies a grounded theory method to establish a first theoretical framework dealing with the structure of IIS and the dynamics of their development and implementation. The substantive theory is based on extensive, long-term work with three MNCs and covers four key areas: (a) the dealings between the actors concerned with an IIS take place in a force field; (b) the force field is reflected in a generic two-dimensional architecture an IIS, which always has a core of systems used by all (or many) of the regions and local systems, different at every regional site; (c) the balance of functionality between the core and the local parts of an IIS follows the degree to which the operations of the MNC require synchronous ac cess to data and processing within the IIS. (d) The interactions of IT and users in the force field follow a cyclical, self-reinforcing dialectic such that an enforced consensus process is required in order to boost acceptance and to limit the probability that continuing rejection leads to catastrophic failure. The Globalization of Information Technology in Multinational Corporations. The most significant business trends during the 1990s has been sharply increased in global business activity. There is no sign that this growth will abate. The explosive growth of the internet and the world wide webtechnologies which are inherently global in character which has been equal or greater significance. these trends create unprecedented challenges and opportunities for multinational companies.The managers of multinational companies provided information to respond effectively, they need to be fully conversant with important issues related to international aspects of document technologies and business record keeping. this brief introduction was written for information specialist i,e computer specialist, record managers, knowledge management specialists,and other international initiatives at multi national corporations. Globalizing the IT Infrastructure: To under stand clearly about international information management for multinational corporation,to know it first we should undestand agendas of information technology departments as they attempt to extend their global reach through out the economies of many countries. The goal of IT departments of multinational companies can be simply stated: To create globally integrated information infrastructures that electronically link their entire supply chains their sales, production, and delivery processes. Executives of multinational companies see many benefits to this global integration of information systems, including shorter cycle and delivery times, closer relationships with business partners, greater flexibility in sourcing products or services, better inventory controls, and of course, improved customer satisfaction, cost reductions, and increased profits. In short, a more competitive business. If there are images in this attachment, they will not be displayed.Download the original attachment MIS: MIS is generally defined as an integrated, user-machine system for providing information to support operations, management and decision-making functions in an organisation.The system utilizes computer hardware and software;manual procedures, models for analysis, planning, control and decision-making and a distance. It is also popularly knows as the information system, the information and decision system, the computer-based information system. According to Institute of Management Accounts, U.K. MIS is a system in which defined data are collected, processed and communicated to assist those responsible for the use of resources. According to G.B. Davis, Management information system is an integrated man/machine system for providing information to support the operations, management and decision-making function in an organisation. The management information system has been described as a pyramid structure (four levels are there in pyramid). Each level of information processing may make use of data provided for lower levels; but new data may also be introduced. Nature of management information system: Report-Orientation: In the early years, the function of Management Information System was to process data from the organisation and present it in the form of reports at regular intervals.Information being the finished product was prepared after processing the raw data. So because of this fact the concept of management information system is further modified, as information rather then voluminous data has become the requirement of the user. Action- oriented: This concept was further modified due to the need that information should be suh that it leads to some action, decision or investigation or research. Exception-oriented: After having action-oriented nature of Management Information System it was realised that there must be some specific or selective approach to the action or the analysis of data. Database orientation: As we know our environment is dynamic in nature so the change in every system is must. So is the case with Management Information System as the business environment becomes competitive. To fulfill this need, a common data base is prepared which can be used by each and every individual accordingly. End-User orientation: After successfully implementing these changes, the concept of end user computing using multiple data bases emerged.This concept brought a basis changes in the nature of Management Information System that is decentralization of system and independency of user over computer professionals or experts. Academic Discipline Orientation: Management Information System is based on the information gathered for analyzing the data. While analyzing the data it relies in many academic disciplines like theories, principles, and concepts from management, organization behaviour, computer science, psychology and human behavior. Scope of MIS: 1) MIS is an integrated system for providing information to support: The operations; Management; Decision-making functions in an organisation. 2) MIS utilizes computer hardware/software, manual procedures, management and decision models, and data base. 3) MIS has a pyramidal structure: Bottom layer provides information for transaction processing. The next level provides information resource to support routine operations. The third level offers information resources to hale tactical planning and decision making for middle management planning control The top level presents information resources in support of strategic planning and policy making by top management groups. Characteristics of MIS: MIS is a comprehensive coordinated set of information sub-systems, which are rationally integrated and transform data into information, in a variety of ways to increase productivity in conformity with the management style of working. Thus, the following are the main characteristics of MIS: MIS is an Integrated System MIS is a sub-system concept MIS provides relevent information to management MIS is flexible MIS enhances productivity MIS is a coordinated system MIS is a feed back system MIS is management oriented MIS is management directed MIS is common database MIS is distributed data processing MIS is a computerised system MIS transforms the data into information Objectives of MIS: When any organisation wishes to establish the MIS, it must be very clear about the need of information required by the different levels of management. Following are the reasons for the adoption of the MIS: To store and manage data effeciently from all the functional areas of the business. To process the collected data and derive information out of them. To provide information quickly as and when required. To collect and store the data for the purpose of internal research. To provide the information regarding production and inventory. To provide information for planning, organizing and controlling purpose. To smooth up the flow of data through various levels of the organisation. To speed up the execution of the results with the reliable data available. Importance of MIS: In present business organisations, MIS plays a very important role. It is a process of collection and storage of the data useful for the organisation. Executives retrieve these data, when required and process for generating information.Previously, the business organisation were not perceived as a system. All the functional areas were independent and there was not a cross discussion amongst the managers of different functional areas.However, in present days,all departments hold equal responsibility. This mechanism helps the organization to achieve its objectives effectively and economically. Thus, the following points can summarize the importance of MIS: It helps in minimizing risk in decision-making. it processes the data and derives information out of them. it provides information about the various aspects of business. It helps the executives to avail the information regarding the functional areas quickly. The data base helps in conducting research. The data stored are used as secondary data. It helps in preparing corporate report. Limitations of MIS: The quality of the operation of management information system depends on the quality of input process. MIS is not a substitute for effective management. MIS may not have requisite flexibility to quickly update itself with the changing needs of times, especially in a fast changing and complex environment. MIS can not provide tailor-made information packages suitable for the purpose of every type of decision made by executives. MIS is less usefull in non-programmed decisions which are not of routine nature. MIS is not successful where secrecy is maintained in adisseminating information to their workers.

Is Abortion Ever Justfied? Essays -- essays research papers

Is abortion ever justified? If not, why? If it depends, then on what? It is not unreasonable to suggest that the vast majority of people consider it morally wrong to kill other persons. There may be examples of situations where the killing of a person may be justifiable, although they are by no means universally consented to, such as killing in self defence or as a form of capital punishment, but taken in isolation it is generally accepted that to kill is wrong. Therefore in the debate between pro and anti abortionists must centre around two essential questions: whether a foetus is a person, and if so when a foetus becomes a person; and whether abortion can be said to be self defence. Possibly the deepest dilemma for an anti abortionist concerns the stage at which a foetus can be said to be alive, in the sense in which we would refer to a child after it is born. It seems absurd to think that in the relatively short time which the birth takes, the baby’s status will be so radically altered yet an almost mystical store is set by birth as for the first time we can distinguish a distinct personality, and directly interact with the infant . However, it is a largely unfounded significance in ethical terms as birth is often governed by contingent factors and the time of birth can be manipulated. Also to be considered is the fact that if the baby is ready to emerge from the womb, then surely it possesses enough properties for us to consider it in some sense a person. For example, if not than an eight month old foetus would not have the same claim to personhood as a two-month-old baby born prematurely at six months even though they are of similar developmental stage s. Thus other stages of pregnancy are more commonly cited as the point in which personhood begins. John Grigg adopts the stance that there is a life that comes into existence as soon as conception occurs: â€Å"To my mind life begins at the moment of conception†¦ Conception is the magic moment.† (John Grigg, in the Guardian, 29 October 1973) This view may be problematic if we consider that life does not necessarily imply personhood. We may claim that the foetus is a human being but this merely implies that it is a member of our species, and not that of another. Yet it is at least true to say that a foetus, even in the earliest stages of pregnancy has the potential to be a person. This is slightly differe... ...elf defence, even though the foetus has no intention to harm the woman, it is a sad situation in which both parties might be thought of as morally blameless. However, can any abortion said to be self-defence? The reaction to an intrusion in the home may be said to be defence, yet a house is worth far less than your own body. The title question of this essay and the questions raised within it remain unconcluded. The problem is not that there are no answers, rather there are too many. The issue is complicated further by the fact that every single situation is different. Abortion is a very personal issue that effects many people in the world, the average Russian woman has twelve abortions in her life, it is also an especially emotional subject. Abortion is justified everyday, however whether it is a practice that can be morally justified with any universal consent is another issue. The only way I can see that abortion might receive the most moral acceptance, is that if it is presented on the grounds that we must all step back and respect that other moral agents have a right to make autonomous decisions, regardless of what we think about the way they choose to assert their autonomy.

Health assessment roper logan tienery

One draw of the field of nursing is the ability for nurses to individualize their care plans for their patients. In order to ensure that unique patients are able to get healthy, they need nursing care plans as unique as they are. This means assessment and evaluation of each patient before and during care.Nancy Roper's desire to become a nurse started in childhood, and as a result of her experiences and education, she, along with two of her colleagues, developed the Roper-Logan-Tierney Model of Nursing to assess patients' level of independence and provide the best ndividualized care for them. The Roper-Logan-Tierney Model for nursing is a theory of nursing care based on activities of daily living, which often abbreviated ADLs or ALs. The purpose of the theory is as an assessment used throughout the patient care. which is often used to assess how the life of a patient has changed due to illness , injury or admission to a hospital rather than as a way of planning for increasing independ ence and quality of life. This model is related to the lifespan of the Individual, identifying twelve activities f living: maintain a safe environment, communication, breathing, eating and drinking, elimination, washing and dressing, controlling temperature, mobilization, working and playing and sleeping.Each of it is influenced by five identified factors, which are biological, psychological, socio-culture, environment and politico economic This model is used in conjunction with the nursing process to Identify actual potential problems for the Individual and how nursing care can advance the patient along the dependence to Independence continuum.

Coke Cola Face Csr Problem in India

(1)Indian government traditionally undervalue the business activities. Politics and leisure are gained more value than work. While in U. S. , American dream emphasis on working hard for personal value, business and politics gain the same social respect. (2)India has many political and legal issues with foreign investors. Indian law to some extent is ambiguous when handling the lawsuits with foreign investors,which may have been the reason causing problems for Coke’s operations in India? 3) Both countries may have different ways of doing businesses. Foreign investors should consider the fact that every culture is different and they need their own practices (polycentric), if Coke still thinks its American style of business operation is better and practices it in India(ethnocentric), the consumers in India will regard those practices as wrong and inappropriate. This could also have been the reason why India blame on the water contamination and shortage caused by Coke.Coke and Pep siAs the Indian people interpret silence as guilt, thus the representatives of Coke should response quickly: firstly, to apologize for the destroying of water resources in India, and then do some compensation for the local people. secondly,find ways independently or Corporate with authoritative NGOS to solve the problem. It is very important for Coke to built good reputation and consumer loyalty in international market. thirdly, learn from what Pepsi does: doing CSR such as digging village wells, trying best to reduce water waste,etc. these measures could help to interact with local people, improve relationships with government and the public.From global standardization to localization Change the style of advertisement to fit the flavor of Indian people. Add some Indian cultural factors to the can package. Take more CSR as what Pepsi did. Improving relationships with Indian government and the public. Start to communicate with local consumers, and response quickly. Because in India, keep silence means guilty,even though India and U. S. both speak English, because of different value, culture and social environment, miscommunication may exists; on the plus side, it is the best way to understand the need or complain of Coke's consumers. 1) MNCs should overcome Parochialism–view the world through their own perspectives, and the simplification–the process of exhibiting the same orientation toward different culture groups. Because doing things the same way in foreign markets as they are done in domestic markets may arise more conflicts when involving in cross-cultural management. In this case, Coke prefers individualism to achieve their own value in India, while India is a society respect more about politics than business, Coke did not improve the relationships with bureaucratic offices and finally it brings trouble to Coke about the pesticide findings.MNCs should set up unique human resource management system to fit for local employees, improve communi cation effectiveness to reduce misunderstanding among multicultural groups in the company, for example, to provide language and cultural training, to improve feedback system. Internally, to select CSR practices that fit with the company's existing capabilities; externally, work with NGOS, pragmatically respect local culture and protect the environment.

Free Structural Theory Economics Essay

Free Structural Theory Economics Essay Structural Theory The structural theory of economic development is based on changing the economic structures of the developing countries from subsistence grounded economy to an industrialized and urban-based one (Bitar 43). The developing countries mostly practice subsistence production for their own consumption. In support of this theory, Sir William Arthur Lewis argues that the traditional agrarian system has a lot of idle labor that can be utilized in the industrial sector and be more productive. If the labor that is idle in the subsistence production sector could be utilized in a more productive manner in the industrial sector, then a country stands a chance of growth and economic development (Coleman, and Nixon 36). Hollis Burnley Chenery, also in support of this model, argues that the route that a state will follow in developing its economy depends on its resources, size, as well as its current income level and virtual advantage proportional to other countries. Hollis advocates that for a country to advance its economy, it must work from its level upwards. This means that a country must work to improve its current economic conditions to record an economic growth in the long run (Kalecki 78). Therefore, since most developing countries have high levels of illiteracy, high levels of mortality rate, and high level of food shortages, they need to work on eradicating these problems. For a country to industrialize it must have enough work force to supply the industries with labor; therefore, the levels of education have to be improved. In the industrialization process, the number of industries to be constructed at a time depends on the country size and its capital capacity. According to the structuralism, economic development is gradual and is achieved through the accomplishment of numerous smaller strategies (Kalecki 78). This theory has faced a lot of criticism because of its incompetence. The theory puts its emphasis on the shift from an agrarian system to an industrialized one. According to the critics, this shift would lead to heavy inequalities between the urban areas and the rural areas (Coleman, and Nixson 38). The urban areas would develop inevitably while the rural areas would be demising down. The assumption that there is a surplus labor in the agrarian sector is criticized since this labor is just seasonal and, if it were transferred to the industrial sector, the agriculture sector would collapse. The critics of this model point out that the model does not have a framework. That is, the model does not outline clearly what should be done to achieve economic development in the developing countries. Theories of Trade The Mercantilism theory argues that a nation may accumulate economic wealth through encouraging exports and dispiriting imports. The reality of this theory was achieved through government intervention, colonization, and trade surpluses. The colonizers are a good example of the reality of this model; they ensured trade surplus through exporting raw materials from the colonies to their home countries. They then exported finished goods to other countries and made it hard and almost impossible to import to their countries. Government intervention is realized through the imposition of tariffs or sanctions on imports and giving subsidies for expanding their exports (Bitar 43). The absolute advantage theory argues that a nation may accumulate economic wealth through producing goods more cheaply than another country, using equal or fewer resources. This theory implies that a country should produce what it can best produce. This model advocates that trade should be allowed to flow freely as driven by the market forces of demand and supply. That is, trade should not be restricted through imposing of tariffs, sanctions, or subsidies. It also points out that the main goal should be making cheap products available to the nationals in abundance, as well as ensuring that the living standards of the nationals are improved (Kalecki 79). Through this model, national wealth is measured by considering the living standards of the people but not the money the country has in store. The Importance of Trade Trade enables countries to learn new ideas from each other. When countries are trading with each other, every country learns from the other and receives mutual benefits. Each country has its field of specialty, different from that of the trading partners one (Coleman, and Nixson 37). There is transfer of economic ideas, which help countries grow and advance economically. For example, developing countries borrow construction ideas from the developed ones. Most developing countries have no infrastructure; therefore, in case of infrastructure construction, they borrow the ideas that were used to construct such a piece of infrastructure in the developed countries (Bitar 43). Secondly, through trade, countries are able to access and consume what it does not produce. Countries need to consume products, which they do not produce, or services not available in their country. In such cases, trade plays a major role in making these products, goods, and services available. For instance, the deve loping countries have shortages of skilled labor force; therefore, they have to import professional labor from the developed countries. Third, trade creates a balance amongst economies and reduces the risk of collapsing. If an economy was independent, and collapsed, it would be hard to revive it (Kalecki 78). With trade, countries are dependent; therefore, even if an economy threatens to collapse, corrective measures are employed early enough to remedy. Trade is important in the world economy since there is no single country that can make the world economy on its own. It is only through trade that any country realizes its economic wealth. Summary Rolls-Royce is a company that specializes on engines and has its branches located in Germany, the US, England, Asia, Singapore, and Alesund. Rolls is a thriving company in its operations and it is making remarkable profits through basing its operations on niche markets. Contrary to the other companies, Rolls is making investments in the high-wage countries. It decided to invest here because, in the high wage countries, it is getting government support and property protection of high intellectual property and information. It is facing stiff competition from renowned companies and governments. For example, as said in the article, China and India are eradicating thousands of engineers to boost their home industries. The major problem that Rolls is facing is the deficiency of skilled labor. The company is lacking technical skills that it is looking for in engineers. As a result, it is suffering from labor shortage. The shortage in staffs has cost the company millions of dollars since the company is forced to decline contracts. Rolls invest in Norway because of the support the government provides As stated in the article, governments support is vital if a company wants to do quality engineering. The government plays a significant role in protecting a companys intellectual property and providing an environment conducive for investment. Another reason for Rolls to move its plant to Norway; is that Norway is leading in improved shipping building in the world. With this withstanding, then it has better workforce skilled in shipbuilding. Although there is a shortage in staffing as compared to other countries, Norway is far much better. The third reason is that there is a great demand for marine engines in Norway because of its operation in the rough Arctic and the North Sea. Because of many breakages in the ocean, there is a great demand for marine engines today. With the increased water travel, there is a rise in demand for more ships and other marines. Therefore, this existed as a market niche, and it was a good opportunity for Rolls to utilize. Norway emphasizes on efficiency and knowhow over labor cost; therefore, the workers need to be skillful and educated. The Western countries seek to produce quality products; thus, they require train workforce that is rich in skills. In addition, the legal requirements for industry laborers demand skilled workers to reduce risks, as well as to produce standard products. In Norway, the wages are high as well as the living standards; for workers to be paid lavishly, they need to be satisfactorily skilled. There is the existence of the security system that is concerned with the welfare of workers, which governs the hiring standards. Through this system, Norway is able to ensure that employees the companies hire are qualified; hence, they can reduce the firing rates. In an attempt to satisfy the regulations of the security system, the companies do not hire employees who are not satisfactorily qualified to avoid the need to fire them soon after the hiring. China, on the other hand emphasizes on labor cost cut down and mass production over efficiency and knowhow. With the increased demand of the China made products both locally and internationally, skills in production have been less a concern. The China government is working towards improving the market of its local products in the local market. To achieve this objective, there has been a loose hand on the production regulations and requirements. Less skilled workers are paid cheaply; thus, the labor cost of production is cutting down greatly. This results in low prices products thus raising their demand internationally, although they are rather substandard one. The production requirements of China are favorable when compared to those of the Western countries; this gives a loophole for producers to be reckless and, eventually, unskilled workers get into the system. Chinas government does not give sufficient support for a business to thrive. Rishton, quoted in the article, asserts that, for a company to do quality engineering, government support is vital. Therefore, being an essential, it becomes hard for a company that deals with fundamental engineering to thrive in China. According to the researches outlined in the critique, most foreign investors in China are complaining of intellectual property security. China does not protect the proprietary information of foreign investors. The researches showed that investors lost millions of money because of leakage of their proprietary information to competitors. In addition, China is committed to training workforce to improve the value of its products; thus, this objective contradicts helping or even safeguarding the welfare of foreign investors. The government cannot protect the foreign investors since it is working towards improving the market of their local products. These intellectual properties are not secondary but basic ones Since these concerns have contributed to Rolls decision of not investing in China, they must have been basic to the companys operations. Having noted that staff shortages are a problem to the company, Chinas objective of training works to help improve its local products will complicate the shortage problem. Finally, leakage of a companys proprietary information to its competitors would cause great damages resulting in huge losses. The information of any company is its power and its advantage over its competitors. The leakage of this information is a huge blow to the company.