Relationship between International Marketing and the US Government Policy - Free Essay Example

Sample details Pages: 5 Words: 1392 Downloads: 4 Date added: 2019/10/10 Did you like this example? The United States   is one of the leading countries in international trade all over the world with its imports and exports ranking among the top three across the world. The country has succeeded in international trade and marketing due to the capitalist methods that the country employs while trading with other countries all over the world. The country has seen changes in its international marketing and trade policies over the years with the mandate being left to the Congress to make determination on the legislative action that needs to be taken. Don’t waste time! Our writers will create an original "Relationship between International Marketing and the US Government Policy" essay for you Create order The US mainly imports the finished products while exporting raw materials from other countries all over the world. This offers the country a chance to develop the best practices that are critical in developing trade targets and goals and meeting its requirements as a nation. Whereas the country is open to international trade and marketing, proper controls have to be developed to ensure that the country mitigates any risks that may be involved in trade with other regions or countries globally. Issues such as Intellectual property rights and bureaucratic procedures that slow down international marketing have had to be controlled through the implementation of methods that meet the required targets in the country. This paper assesses the pros and cons of the relationship between international marketing and the US government policies. Advantages One of the main advantages that the country stands to gain is the opening up to new and wider markets all over the world. The US benefits from gaining and trading with other countries through opening up to new markets that are spread globally thereby creating markets for their products. In the US there are many technological and service industries that have a large capacity and are now multinational companies spread all over the world. International marketing has meant that the company can engage and sell its products in other countries and markets. Companies such as Apple and Walmart benefit not only from the markets but also the labor that is solicited from these countries (Terpstra et al, 2012). International marketing therefore, aids in opening up the world to the massive potential by the US and its companies that have a massive capital incentive. One of the markets that have been identified over the last decade has been the Chinese market that is seen as the new hub for most of the major companies across the world. The US through its methods has ensured that it gains access to the markets especially in East Asia that have massive potential and are open to the new US products and services sold in the region. Favorable regulations and policies that reduce the bureaucratic processes and foster international trade is also one of the main advantages. The US through the government policy actions that it has implemented through the years has made the country favorable for marketing and trade. The same is expected in other countries, and international marketing ensures that companies get favorable conditions to conduct their businesses in other countries. The US government policy softens the engagement with the other countries through outlining the pertinent conditions for engaging in international trade in these countries. One of the main examples is the intellectual property rights that were enforced in China which ensured that the US companies’ ideas and methods were not exploited in the country (Terpstra et al, 2012). This has further fostered the connections with these countries and improved trade methods and processes across the country accordingly. The changes in the market condit ions have led to a stronger system and model that has been met by the US through its innovative models and culture across the country accordingly. There have been improvements in the domestic market and development of innovative methods and attributes across the country. As companies engage with other companies and technologies in the world, they gain better knowledge and ideas to improve their products. This has been a major advantage to the US that has seen improvements and innovative methods being adopted by the companies across the country to be competitive in the global markets (Terpstra et al, 2012). The different tastes and preferences of individuals from different parts of the world have necessitated companies to improve and change their products or services to increase sales across the country. It is these attributes that have led companies to develop new strategies to position their entities perfectly in the global arena. The international marketing relationships with the US policies have led to the growth of the US and the methods and tools used in the country. Gaining a source of raw materials for the US to manufacture its finished product is also a major advantage to the US. The US gains from the financial inclination and indication that ensures that the country gains from the individual position towards meeting its demands and for growth Terpstra et al, 2012). The open policy system in international marketing is to create a symbiotic model that meets the needs and demands of the US within the overall tools and methods that are used in the country in the long-run. Disadvantages One of the main disadvantages of international marketing has been increased competition to the locally produced brands or companies. International marketing has led to companies from other countries setting up in the US that is leading massive competition across the country. The TOYOTA Company is a perfect example of increased competition to the country brands and products. TOYOTA and other Japanese motor vehicle manufacturing companies were allowed to set up in the US a factor that has led to massive competitiveness in the local brands (Nye at al, 2012). This may also be analyzed from a position of the number of jobs created or the prices of these products but, the policy methods adopted increase the level of competition in the domestic market. This has been identified to be a negative factor since it hurts the domestic companies and domestic growth since American companies are not benefitting from the sales made by these companies. Financial risk is also another attribute that the country stands to face with the international marketing methods that are adopted. The problem of devaluation of currencies and being affected by economic downturns and risks in other countries is a major problem. The US stands to lose from the backdrop that it may face from international engagement and trade with other countries. The recent financial crisis serves as an indicator of the losses that the country can face with the open capitalist policies that are used by the US (Yarbrough and Yarbrough, 2014). Companies moving from the US to other parts of the country have been faced with problems of financial risk since the companies face massive problems in developing the same structures in new environments. Companies stand a massive risk in setting up in a new country especially since there are no guarantees of success in these countries (Nye at al, 2012). The entities may therefore, lose or see a decline in the level of factors and indicative attributes that are present in the new economy. Cultural differences and financial positioning of the country also stands to be affected through the international marketing methods that are adopted. The US stands to lose from the balance of payments with the open international marketing methods and proper tools need to be established to create a proper change in the systems (Czinkota and Rainkonen, 2013). It is therefore, pertinent to engage in proper systems that outline and indicate a critical model of change that meets the demands of the individual culture thereby indicating a strong process of economic gains. The difference in the economic trends in the countries and policy models that are adopted affects the country. Conclusion The US government has been enriched through years of being drafted and amended to meet the demands of the country. The US is therefore, on the forefront towards gaining from the individual methods that the country uses thereby giving a chance for the country to expand as a result of the changes that are developed. The US however, stands to lose from these methods especially the financial risks that may lead to an economic meltdown that was witnessed in the last decade. It is these factors that make it essential to ensure that proper tools and processes are evaluated towards meeting the demands and models of a working international marketing policy.

Tragedy In Shakespeares Othello - 1519 Words

â€Å"Tragedy is an imitation not just of a complete action, but of events that evoke pity and fear.† The famous Greek philosopher Aristotle gave the classic theory of tragedy a distinguishable definition. There are various elements included in a tragedy, making it both successful and enjoyable. From the dramatic plot to the audaciousness of characters that create intensity, every element is necessary to construct the classic tragedy. This can be observed through action as seen in Shakespeare’s Othello. Shakespeare’s play Othello, most closely resembles the Greek philosopher’s theory of tragedy that achieves Aristotle s four unities (simplify this sentence): Hamartia, Peripetia, Anagnorisis and Catharsism. With Shakespeare adapting Aristotle’s†¦show more content†¦...my ancient; a man he is of honesty and trust†¦ To this conveyance I assign my wife. The irony from this line lies in Othello s mistaken belief of his ensign, his â€Å"mo st trusted Iago†, who is already plotting against him for his own means. After witnessing Iago s conspiracy with Roderigo at the abolition of Othello in the previous act, the reader immediately sees Iago s villainess, however in innocence, Othello is blinded to it and by it. From this we see, as in many tragedies, the tragic hero s flaw is not actually a defect in itself, but rather an excess of a virtue. With Hamartia being used to provide the tragic flaw throughout the play it provides the audience an interest that is induced due to Othello’s hamartia, which progresses throughout the play. Peripeteia provides a point of shock and dismay in a complex plot, providing the tragic plot surprise and emotional complexity. In Othello, the peripety occurs in the mere middle of the play. Othello is slowly deceived by Iago s rhetoric, persuasiveness and imagery, yet in this scene the transition occurs. Iago says Indeed with emphasis, where after Othello replies: Indeed? Ay, indeed. Discerns t thou aught in that? Is he not honest†. Iago keeps using rhetorical emphasis to corrupt Othello, Honest, my lord? Think, my lord. Othello who is of a feeble character and easily persuaded replies, Think, my lord! By heaven, he echoes me, / As if there wasShow MoreRelatedThe Tragedy of Shakespeares Othello558 Words   |  2 PagesWilliam Shakespeares play The Tragedy of Othello, the Moor of Venice provides an intriguing perspective regarding matters related to race, envy, and treachery. Othello is a powerful and influential Moorish general in the Venetian army, Desdemona is his wife, much younger than him and the reason for which the general is hated, and Iago is Othellos seemingly trusted lieutenant. 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Predatory Lending and Monthly Payment Free Essays

This module described various predatory practices by businesses. Using scholarly resources, describe some specific examples of predatory practices. With housing bubble bursting a few years ago, many say that the current economic problems the United States is currently experiencing can be directly attributed to the housing crisis. We will write a custom essay sample on Predatory Lending and Monthly Payment or any similar topic only for you Order Now Depending on whom you ask the housing crisis can be blamed on people biting off more than they can chew, or predatory lending practices by banks and mortgage companies. This is not a one sized solution fits all answer, both actions contributed to the housing troubles we as a country are currently experiencing. The housing crisis can be summarized as the over evaluation of house values in the late 90’s and early 2000’s,and shortly there after peoples mortgage debt became larger than the decreasing value of their home come 2006. Sub-prime loans can also be blamed; I will further discuss predatory lending techniques. One type of predatory lending practice that mortgage companies will use is to emphasize the payment. When this happens the lender focuses on a numerical monthly payment that you are able to afford. The down side to this car salesmen like approach, is that the details of the monthly payment can be skewed to hurt you down the road in the future while appearing like a good deal in the near future. Another predatory practice is called ballooned loans. This type of lending gives the borrower a small monthly payment only covering interest. The last payment covers the principal, normally representing a large borrowed figure. You will have to make one large balloon payment in order to retire the principal of the loan. Most of the time, no one prepares for this payment and basis foreclosure on their home(1). Should the debtor or borrower bear some responsibility, at least in some instances? Explain why or why not? Tactics like this leave the borrower at a marked disadvantage, but who should shoulder the burden of responsibility in circumstances like these. I am of the opinion that fault lies in both, the lender and borrower. The lender bears the burden of following the law and regulations set forth, however as e’ve discussed this week laws are there as a guideline and they don’t cover every ethical decision making situation. Lenders are in competition with other lenders to get and keep peoples business, therefore they are apt to try and find a way to seek an advantage over another lender. They may do this by turning to predatory practice hoping to unknowingly take advantage of borrowers. On the other side of the argument, the borrower bears the burden of understand and reading the written contract agreement and terms of the contract. If a borrower is to just sign a contract without reading or having a professional go over the details then they ultimately reap what they sew. Language in these contracts do not exactly benefit the average person, the average person most likely wouldn’t be able to determine whether or not predatory practices are taking place. Ultimately, the only defense for a person with an average ability to read and understand complex contract verbiage are the regulations set forth to limit the practices the lenders may use. How to cite Predatory Lending and Monthly Payment, Essay examples

Drinking Age Essay Example For Students

Drinking Age Essay Drinking is not the problem, its how we approach itYoung teens all get a bad rep when it comes to drinking alcohol. Especially college students that are considered binge drinkers. When in reality a nation wide survey of students at 168 colleges and universitys found some interesting things about the underage corrupt youth. 93% of all students have never received a lower grade in a class because of drinking too much. 98% of all college students say that they have never gotten into trouble from an administrator from excessive drinking. While the media continually gives the under twenty one community a bad rep, in reality they are continually practicing safe drinking habits and in some cases not drinking at all. According to the National Institute on Drug Abuse by the Institute for Social Research of the University of Michigan, the proportion of non-drinkers in the U.S. just reached a record breaking all time high. The point is that college students drink less than what most people thin k and are in reality responsible drinkers. So what can be done to change the drinking law to eighteen again? These underage students continually spite the law and show that they can handle the responsibility. It is silly to overlook this and maintain a blind law such as the current drinking law. The first step into taking this law and changing it back to eighteen is to start at home and inform the children at a young age the harms and hazards of alcohol. It is not something to take lightly and it can lead to many life long problems. However I feel if this is taught at an early age and drinking is looked at as a privileged rather than a right it will be abused and rather something that will not be taking for granted. This will make drinking in small portions more commonplace and drinking in an excessive manner a rarity. Drinking would no longer be a big deal. Young children start off learning the dangers of drinking and would eventually start drinking at family events like they do in other foreign countries. These countries do this and do not have a major drinking problem in their society. By the time these children get to the age of 18 it will be legal to purchase and legally drink and it will not be a big deal because they have been taught responsible drinking from the star t. This is an obvious start to fixing and changing this law, however it would be difficult to change the social and family traditions of America. It would take time, but this would be the first and most vital step to making this must needed change to work properly. Another step that should be made in order for this law to be taken is to increase the amount of drinking and driving laws. Drunk driving should not be tolerated of any kind. Punishment should be increased and the current zero tolerance policy should remain if not made harsher. This would make anti drinking organizations such as M.A.D.D. and S.A.D.D. happy for the drinking and driving aspect. Defensive driving courses would also be made readily available in high schools throughout the country. It would be a mandatory course to take. This would be a regulation because in most cases there will be a small percentage of drunk drivers on the road still. There are more and more teenage drivers on the road currently and these def ensive driving courses would help make responsible drivers aware of the dangers and prevent them from accidents involving the drunk driving. No matter what the legal drinking age is there will always be drunk drivers on the road. Teenagers are over-represented in driving accidents involving alcohol. But for the ones that do, we must enforce harsher penaltys to drivers that are under the influence. Another thing that would be helpful is for the government to sponsor a program that would support some sort of Designated Drivers program on college campuss and bars. This would eliminate a lot of the possible drinking and driving situations that would arise and it would condone responsible drinking policies to everyone, and not just college students. The drinking and driving problem would have to be changed in some serious ways in order for the drinking age to be decreased to eighteen. That is the single most important thing that is effected by drinking. It costs innocent peoples lives. .u183ffcee7464b24113491af087f14818 , .u183ffcee7464b24113491af087f14818 .postImageUrl , .u183ffcee7464b24113491af087f14818 .centered-text-area { min-height: 80px; position: relative; } .u183ffcee7464b24113491af087f14818 , .u183ffcee7464b24113491af087f14818:hover , .u183ffcee7464b24113491af087f14818:visited , .u183ffcee7464b24113491af087f14818:active { border:0!important; } .u183ffcee7464b24113491af087f14818 .clearfix:after { content: ""; display: table; clear: both; } .u183ffcee7464b24113491af087f14818 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u183ffcee7464b24113491af087f14818:active , .u183ffcee7464b24113491af087f14818:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u183ffcee7464b24113491af087f14818 .centered-text-area { width: 100%; position: relative ; } .u183ffcee7464b24113491af087f14818 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u183ffcee7464b24113491af087f14818 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u183ffcee7464b24113491af087f14818 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u183ffcee7464b24113491af087f14818:hover .ctaButton { background-color: #34495E!important; } .u183ffcee7464b24113491af087f14818 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u183ffcee7464b24113491af087f14818 .u183ffcee7464b24113491af087f14818-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u183ffcee7464b24113491af087f14818:after { content: ""; display: block; clear: both; } READ: How Overpopulation Causes Social Problems. EssayAnother thing that could be introduced into the society that some will think a little bit radical would be to have a drinking permit. This permit would be given to a teenager under the age of twenty one and they would have to pass a written test consisting of safe and responsible ways of drinking to obtain it. After they obtain this permit they can legally drink and purchase alcohol. However the catch to this permit is that it to will be on zero tolerance policy. If someone is involved in anything involving alcohol abuse this permit will be taken away. Anything such as vandalism, fighting, driving, or anything that exhibits a lack of responsibility to consume alcohol moderately. If caught the permit will be taken away and not able to drink legally until twenty one. If caught drinking otherwise, you will be arrested and tried as a legal adult. This will be a serious offense and will be followed just by the society being scared of getting caught. This permit policy would have to go through congress and be passed which would be the hardest thing because of its radical change. However this would keep the society in check as far as keeping the drinking rate the same and making sure it stays as something that will be enjoyed responsibly instead of being abused because of it being something that students do just to spite the law. Now I know there would be a lot of people opposing this law to be changed back to eighteen and they would do all in their power to stop it. They would argue that it is morally wrong to let eighteen year olds to drink legally. They would also argue that more and more deaths would happe n due to this law being changed. When in reality if you follow these steps, teach young children at a young age to drink moderately and responsibly, add more harsher penalties to the drinking and driving laws and make defensive driving courses mandatory to graduate in high school, and to finally make a permit for under twenty one drinkers as a test to see exactly how it affects the society. All in all the age of eighteen is thought to be old enough to make such big decisions as getting married and joining the army to defend the country. It would at least show that this country has confidence in the eighteen year olds to be responsible with this new law and to not abuse the power. It would make a uniform legal age. This simplicity in itself will make checking I.D.s less of a problem. This law needs to be changed and everyone knows it. This is a reasonable proposal to try something that has never been tried before and I think that the lawmakers are scared that it would work and it wou ld just make them look foolish for not thinking of it on their own.