Marketing to consumers in saudi arabiawhich facets of their multiple Article

Marketing to consumers in saudi arabiawhich facets of their multiple identities do they use when - Article Example Despite the fact that cross border trade of various entities like people, products, ideas, etc. have resulted in cultures getting mixed up and losing their core identity, yet the foreign element in the home culture has not fully revamped the local culture anywhere in the world; the glimpse of the home culture remains there no matter how much the foreign culture influences it. However, this phenomenon does lead to the outcome that culture is no more a static variable but is dynamic and continues to grow as embedding of culture takes place. This dynamicity and the cross border trade has actually led individuals into behaving differently in a differing set of circumstances or simply put, they tend to portray different culture or cultural identities in different situations. Observations reveal that this is a major issue with immigrants in particular as they face dual challenge; adapt to the local environment and retain their identity. Subsequently, the arising phenomenon leads to the out come that consumers tend to utilize varying facets as they come across different situations. The purpose of this research is to analyze and differentiate between situations and circumstances that make consumer use one of the facets and prefer one over the other defining a varying consumer and consumption pattern. This research is to be conducted in the environment of Saudi Arabia. In particular, this research is aimed at investigating and highlighting the cultural variables that derive the process of marketing communication, perception of quality of service, and choice of consumption in the various categories of products and/or services. Consider the example of a young lady in Saudi Arabia; the first consideration when going out would be towards religious concerns in terms of meat and choice of restaurants. The same lady would definitely move beyond religious considerations when choosing an institute to study, for example. Even when the female goes towards shopping, the consideration and precedence for fashion and societal acceptability might be on the higher side. Similarl y, her attraction to an advertisement may be totally opposite to what her clothing or religion or institute depict her personality to be. Understanding, comprehending and investigating the variables that derive these patterns of choice and consumption is the underlying aim of this research. Saudi Arabia has a different and unique set of characteristics that are associated with its dynamics and other variables. Some of these are listed as below: Firstly, the population constitutes various nationals present, and some of them tend to be influential due to the background or their strength. Secondly, the fact remains that Saudi Arabia is an expatriate driven economy, and the expats there have strong affiliation with their nations as they cannot gain the citizenship status therewith. Thirdly, Saudi Arabia nationals have this tendency of traveling overseas and interacting with individuals from various customs, backgrounds, religions, cultures, norms, etc. Another point of consideration is the tremendous growth that is currently

Creative Problem Solving Essay Example | Topics and Well Written Essays - 500 words

Creative Problem Solving - Essay Example They are much more creative and would solve issues on their own. Category B of employees involves the individuals who face challenges and fairly offer solutions to these challenges. They always involve their fellow employees who they perceive could be having more experiences and expertise than them in finding solutions to their issues. They are less independent and rely on external solutions to some extent. Category C and D employees are hardly different exhibit almost similar characteristics as far as provision of solutions to their challenges. They have a habit of avoiding the challenges altogether. They would rather not face the challenges; instead they leave them to other stakeholders in the system. ____10_____ C. Assume other challenges and pretend as though nothing wrong has occurred in the system. They tend to be less concern and seem to expect others to be responsible in solving the challenges. The results indicate that half of all the employees have the capacity to face the challenges and provide solutions on their own. Thirty percent face the issues that come before them but would rather engage other individuals in the solving of these problems. Twenty percent of these individuals would either assume the challenges or avoid them completely. The paper under study is ‘conceptualizing assessment for employee performance in terms of problem solution’ and what the strategic managers think about this trend. In the recent past, there has been an increased number of strategic managers that have relied on this assessment style as a creative way to evaluating a larger number of employees as compared to the old style of evaluation. An analytical study conducted reveals that the growth of creative management practices has been captivated by the adoption of other systems of management. Creative skills can be improved through the training to expand the ways of categorizing the various events and

Composition Analysis. Handel, Messiah, Hallelujah Chorus Research Paper

Composition Analysis. Handel, Messiah, Hallelujah Chorus - Research Paper Example He spent the last forty-nine years of his life in England, which at that time was a prosperous nation and the environment was conducive to freewheeling genius as himself. He was a very successful composer. But by 1730s, both emotional and physical exhaustion took over Handel and he started concentrating on composing Sacred Oratorios. They were easier to deal with unlike Operas, which dealt with large, elaborate and expensive sets and extremely moody and unpredictable actors. The fact remains that Handel’s most famous compositions are his Oratorios. â€Å"Messiah† was composed at an astounding pace, between three and four weeks during August and September 1741. It was originally intended to be presented during the Easter of 1742. The libretto is by Charles Jennens and is drawn from King James’ Bible. It interprets the Christian doctrine of the Messiah or the Savior. Handel was disappointed with the cold reception of his previous work by the audience of London. Pro bably this is one reason behind premiering it in Dublin on 13th April, 1742. In fact he was skeptical about the reception of the Oratorio by the audience. His earlier pieces were always bonded by a strong plot and clear narrative. â€Å"Messiah† on the other hand was very loosely bound. ... He described them as: â€Å"Part One: The prophecy and realization of God’s plan to redeem mankind by the coming of the Messiah. Part Two: The accomplishment of redemption by the sacrifice of Jesus, mankind’s rejection of God’s offer, and mankind’s utter defeat when trying to oppose the power of the Almighty. Part Three: A Hymn of Thanksgiving for the final overthrow of Death.† The ‘Hallelujah’ chorus comes during the ending portion of the second part of the composition. It has a feeling of a man’s realization of coming of Christ and permeates an atmosphere of holiness when the whole chorus sings out together in magnificent homophony. The lyrics are: Hallelujah! Hallelujah! Hallelujah! Hallelujah! Hallelujah! For the Lord God Omnipotent reigneth. Hallelujah! Hallelujah! Hallelujah! Hallelujah! For the Lord God omnipotent reigneth. Hallelujah! Hallelujah! Hallelujah! Hallelujah! Hallelujah! Hallelujah! Hallelujah! The kingdom of t his world Is become the kingdom of our Lord, And of His Christ, and of His Christ; And He shall reign for ever and ever, For ever and ever, forever and ever, King of kings, and Lord of lords, King of kings, and Lord of lords, And Lord of lords, And He shall reign, And He shall reign forever and ever, King of kings, forever and ever, And Lord of lords, Hallelujah! Hallelujah! And He shall reign forever and ever, King of kings! and Lord of lords! And He shall reign forever and ever, King of kings! and Lord of lords! Hallelujah! Hallelujah! Hallelujah! Hallelujah! Hallelujah! The composer has chosen this chorus to be a high point in his composition. Thus it is richly orchestrated. It contains a continuo, lower and upper strings, trumpet and percussion in addition to the constant use of soprano, alto, tenor and bass. The

Creative Problem Solving Essay Example | Topics and Well Written Essays - 500 words

Creative Problem Solving - Essay Example They are much more creative and would solve issues on their own. Category B of employees involves the individuals who face challenges and fairly offer solutions to these challenges. They always involve their fellow employees who they perceive could be having more experiences and expertise than them in finding solutions to their issues. They are less independent and rely on external solutions to some extent. Category C and D employees are hardly different exhibit almost similar characteristics as far as provision of solutions to their challenges. They have a habit of avoiding the challenges altogether. They would rather not face the challenges; instead they leave them to other stakeholders in the system. ____10_____ C. Assume other challenges and pretend as though nothing wrong has occurred in the system. They tend to be less concern and seem to expect others to be responsible in solving the challenges. The results indicate that half of all the employees have the capacity to face the challenges and provide solutions on their own. Thirty percent face the issues that come before them but would rather engage other individuals in the solving of these problems. Twenty percent of these individuals would either assume the challenges or avoid them completely. The paper under study is ‘conceptualizing assessment for employee performance in terms of problem solution’ and what the strategic managers think about this trend. In the recent past, there has been an increased number of strategic managers that have relied on this assessment style as a creative way to evaluating a larger number of employees as compared to the old style of evaluation. An analytical study conducted reveals that the growth of creative management practices has been captivated by the adoption of other systems of management. Creative skills can be improved through the training to expand the ways of categorizing the various events and

Media Portrayal Essay Example | Topics and Well Written Essays - 1750 words

Media Portrayal - Essay Example This essay discusse the connections between modern information, communication and the individuals with disabilities issue. Today, people can get information from various sources, that is mostly may be accessed with the help of mass media. Mass media is a term used to denote, as a class, that section of the media specifically conceived and designed to reach a very large audience. It was coined in the 1920s with the advent of nationwide radio networks and of mass-circulation newspapers and magazines. Unfortunately individuals with disabilities to a great extend are limited by not being able to make use of such opportunities. Access to communications and information can be available through many sources such as: newspapers, magazines, television programs, and movies, Internet etc. Depending on the type of disability i.e. deafness, blindness, and so on the individuals with disabilities are limited having no access to appropriate source of the information. This essay raises the question o f vital importance for the international community today, that is to create and promote approaches and technologies that will allow everyone including individuals with disabilities to get, to utilize, to exchange and to create information and knowledge. The researcher focuses on introducing the topic and analyzes in details many examples of mass-media articles, movies and tv-shows related to the individuals with disabilities issue. Some examples that were mentioned in the essay: Touch the Sound, Zatoichi, Be with me movies, etc.

America & Germany Essay Example for Free

America Germany Essay America never wanted to participate in World War 1, in fact in August 1914 when the war broke out in Europe; President Woodrow Wilson issued a declaration of neutrality. Preferring to remain isolated from the war, America tried to broker peace between the allies and the axis, the war was in Europe; America did not need to get involved. On May 7th 1915, German U-boats, patrolling in the Atlantic Ocean, fired torpedos at the British passenger ship Lusitania sinking her in 20 minutes. 128 Americans were killed. Woodrow Wilson, demanded that Germany stop attacking passenger ships, and declared that America was too proud to fight. Wilson also tried to mediate a compromise settlement but failed. He also repeatedly warned that America would not tolerate unrestricted submarine warfare, as it was in violation to American ideas of human rights. Wilson was under great pressure from former president Theodore Roosevelt, who denounced German piracy and Wilsons cowardice. In January 1917, Germany announced it would destroy all ships heading to Britain. Although Wilson broke off diplomatic ties with Germany, he still hoped to avert war by arming merchant vessels as a deterrent. Nevertheless, Germany began sinking American ships immediately. On February 1917, British intelligence gave the United States government a decoded telegram from Germanys foreign minister, Arthur Zimmerman that had been intercepted en route to his ambassador to Mexico. The Zimmerman Telegram authorized the ambassador to offer Mexico the portions of the Southwest it had lost to the United States in the 1840s if it joined the Central Powers. However, because Wilson had run for re-election in 1916 on a very popular promise to keep the United States out of the European war, he had to handle the telegram very carefully. Wilson did not publicize it at first, only releasing the message to the press in March after weeks of German attacks on American ships had turned public sentiment toward joining the Allies. Later, on 2 April 1917, Wilson asked Congress for a declaration of war and four days later all but six senators and fifty representatives voted for a war resolution. The Selective Service Act that was passed the following month, along with an extraordinary number of volunteers, built up the army from less than 250,000 to four million over the course of the conflict. General John Pershing was appointed head of the American Expeditionary Force (AEF) and led the first troops to France Then, on April 6th 1917, America declared war on Germany.

The Usefulness Of Financial Statements To Stakeholders

The Usefulness Of Financial Statements To Stakeholders Introduction: Finance for managers is very important subject for businesses. All stakeholders must have to know about it. Because it helps their businesses to run properly and make profit. Finance for managers helps people to know about the purposes and requirements for keeping financial records, what are the techniques for recording financial information, what are the legal and organisational requirements of financial recording, the usefulness of financial statements to stakeholders, what is the difference between management and financial accounting, the budgetary control process and so on. It also helps people how working capital can be effectively managed, how calculate and interpret variances from budget, how to evaluate business project, how business organizations can effectively manage working capital etc. Businesses are mainly depend on finance, managers and budget etc. So if people want to start business they have to know about finance for managers. It helps them to learn some most important things about business. Thats are: what are the legal responsibilities, how to keep financial record, how to control finance, how to control budget, what are the costing and pricing, what are the financial statements, project appraisal methods, usefulness of financial stakeholders etc. Evaluate the purpose and requirements for keeping financial records: In business there are many purposes and requirements for keeping financial records among of those this three are mainly important. Thats are: Legal requirements: It means when people start businesses they need to follow business rules, laws and regulations to run their businesses. Almost every business has some form of legal ruling. Particular forms, licences and other documentations is field with state and local government offices in order to begin. And these documentations may be tax forms, shareholders and payments etc. Without this documentation you may given up from opening. Tax requirements: In every business people must have to pay tax and this tax depends on business structure its called tax requirement. This tax also sometimes depends on business profit, business types, and business quality and so on. Internal control requirements: Internal controls are policies, procedures and mechanisms used to decline business risk. In order to check employees and member from committing a dishonest act the control must be via and wide. It helps business to run properly and to achieve business goals and also help to make good relationship between all business staffs. Analyses the techniques for recording financial information. Analyses the legal and organisational requirements of financial recording: Financial recording is a process and procedure that is used by an organisation to control finance and accountability. This process and procedure include recording, verification and timely reporting of transactions that affect revenues, expenditures, assets, and liabilities. To develop business and making profit accountants have to keep financial records or information. There are some techniques for recording financial information that are given below: Double entry book keeping: It is an account technique which records each transaction as a credit and a debit. Day books and ledgers: A book with an account of sales and purchases made each day is called day books. For example: sales day books, sale return day books etc. On the other hand ledger is an accounting book of final entry where transactions are listed in different accounts. For instance: sales ledger, purchase ledger and general ledger etc. The trail balance: It is totalling of debit balance and credit balance to make sure that total debits equal total credits. From the trail balance figure end of the year an organization can make balance sheet of the business to show the financial position at a particular moment in time. Manual and computerised systems: Manual systems means those transactions are enter manually in business. It is a risky system for business because there are many chances to make mistakes. On the other hand those transactions are enter by computer is called computerised system. It is a very safety system and never makes mistakes. Nowadays most business systems are computerised systems. Because it can also keep more records than manual system. In business there are some requirements for financial reporting and these financial reporting requirements are for sole traders, partnerships, limited companies and public limited companies etc. Financial reports are the documents and records that how much money your business is making or not or how much money your business have to pay or how much money your business already paid etc. Basically it is the documents of money transaction of all purposes that where your business invest money. There are different types of financial reports or statements. These financial statements can be cash flow statement its a summary of the actual incomings and outgoings of cash in a firm over an accounting period (month, quarter, year), it can be also profit and loss account it shows your business that how much money is your profit or loss. And the final statement is called balanced sheet. It focuses on what asset the entity owns, how it paid for them, how much profit or loss etc. This statement is p repared at the end of the year. The purpose of financial reporting is to deliver this information to the lenders and shareowners (the stakeholders) of your business. Because in business we have mainly two types of stakeholders thats: internal and external. Internal means those stakeholders are dwell inside the company for examples: managers, employees, board members etc. On the other hand those stakeholders are not directly a part of a company is called external stakeholders for examples: shareholders, customers, suppliers etc. Financial reporting must be part of the essential contract between you and them. Your lenders and investors have the right to know if their money is being spent wisely and returning a profit. Besides these the usefulness of financial statements are that: by doing this stakeholders can know that how much is their profit and loss, how do assets stack up against liabilities, where did the business get its capital, and how is it making good use of the money, what s the  cash  flow  from the profit or loss for the period, did the business reinvest all its profit, does the business have enough capital for future growth and so on. Evaluates the usefulness of financial statements to stakeholders: In business there are two types of stakeholders thats: internal stakeholders and external stakeholders. Internal stakeholders mean those stakeholders are dwell inside the company for examples: managers, employees, board members etc. On the other hand those stakeholders are not directly a part of a company is called external stakeholders for examples: shareholders, customers, suppliers etc. All shareholders want to see the use of their investment and thus asses the management through the financial statements. Because financial statements are very useful for businesses. The usefulness of financial statements to stakeholders is given below thats are: how much is the profit and loss in their business how much money the invest how do assets stack up against liabilities where did the business get its capital how is it making good use of the money What is the  cash  flow  from the profit or loss for the period did the business reinvest all its profit how much is their costs how much money they paid Does the business have enough capital for future growth etc. Explains the difference between management and financial accounting: Financial accounting is concerned with financial transaction and statements that have already taken place. It is a gathering of information about business transactions. For example: profit and loss. These processes are controlled by finance manager. On the other hand management accounting is concerned with providing management of an organisation with recommendations based on accounting information, in order to help in making day to day decisions and in longer term planning. These processes are controlled by management manager. Financial accounting and management accounting provide information into two different user groups. Financial accounting primarily provides information for external users of accounting data, such as investors and creditors. On the other hand, management accounting provides information for internal users of accounting data. Internal users include employees, managers, and executives of the company. Financial accounting is reporting on historical information. The i nformation is reported regularly. It is often broken down into monthly, quarterly, and annual reporting periods. On the contrary, management accounting information is reported continually. Internal users need to evaluate past, present, and potential future information in order to make decisions. Therefore, these users continuously need information in order to make the appropriate decisions. These two accounts are very important for a business. Without these two businesses cannot run properly or cannot make profit. So always try to keep proper account of these two accounting sector. 5 Explain the budgetary control process: To make effective decisions and coordinate the decisions and actions of the various departments according to the capital is called budget. Because every business have a limited budget so it is necessary to control budget. There are many types of budget in businesses such as: advertising budget, purchasing budget, sales budget, cash budget, development budget etc. There are some process to control budget thats are: Good communication and good coordination between departments and authorities can control budget. Besides this well planning helps managers to decide the most effective ways for controlling budget. On the other hand cash flow forecasts are also helpful to control budget. It shows if a firm needs to borrow, how much, when and how it will repay the loan. However evaluation can control budget. Because it means a manager is to compare the budget with actual performance by each person sector. In here control action is also related. Without budgetary plan running a company is difficult. Budget is also important for management. Because managements are also depends on budget and every departments have its own budget. Among them zero based budgeting can control budget because it is a method of budgeting in which all expenses must be justified for each new period. Its starts from a zero based and every function within an organisation is analyzed for its needs and costs. Budget is then built aro und what is needed for the upcoming period, regardless of whether the budget is higher or lower than the previous one. Another important process is incremental budgeting. It forecast fixed overhead costs, computed by adding or subtracting a predetermined percentage from the historical costs. There are also some advantages and disadvantages of the budgetary control system. Thats are: It enables the management of a business concern to conduct its business activities in the efficient manner. It provides a yardstick for measuring and evaluating the performance of individuals and their departments. It reveals the deviations to management, from the budgeted figures after making a comparison with actual figure. Effective utilization of various resources like men, material, machinery and money is made possible, as the production is planned after taking them into account. It helps in the review of current trends and framing of future policies. It creates suitable conditions for the implementation of standard costing system in a business organization. It inculcates the feeling of cost consciousness among workers. Budgets may or may not be true, as they are based on estimates. The assumptions about future events may or may not actually happen. Rigidity: Budgets are considered as rigid document. Too much emphasis on budgets may affect day-to-day operations and ignores the dynamic state of organizational functioning. False Sense of Security: Mere budgeting cannot lead to profitability. Budgets cannot be executed automatically. It may create a false sense of security that everything has been taken care of in the budgets. Lack of coordination: Staff cooperation is usually not available during Budgetary Control exercise. Time and Cost: The introduction and implementation of the system may be expensive. Evaluates the use of different costing methods used for pricing purposes: In business there are different types of costs. For pricing purposes industries need to classify there costs. For example: direct costs, indirect costs, fixed costs etc. Each of these costs has separate unit. For pricing and costing a business must calculate unit cost to make sure how much are their costs. Then they have to deal with over heads thats are: raw materials, utility, rents etc. After that they have to make sure about pricing but it is depends on the firms average costs and on the customers opinion of a product value. For pricing purposes some important costs have to be calculated, such as: cost plus, marginal cost, price taker etc. In here they have to identify that which contractor is paid for the costs incurred and is paid an agreed upon percentage of such costs as contractors profit is called cost plus. Besides this a firm have to calculate marginal costs, its allocates only variable costs i.e. direct materials, direct labour and other direct expenses and variable over heads to the production. It does not take into account the fixed cost of production. This type of costing emphasizes the distinction between fixed and variable costs. However most investors are price takers as their actions in selling and buying stocks isnt enough to change the price. Also note that a company can be regarded as a price taker if the price sets and quantity of the goods it produces doesnt have any influence on the actual market price, so forcing the company to go with the market price. Any individual consumer is also considered to be a price taker; this is because the purchase made doesnt affect the price a company sets for its products. There is also an important costing method that is break even it means neither a profit nor loss has been gained, this can be seen after balancing the costs. Conclusion: We can learn a lot of about Business by reading finance for managers. Business is everywhere in the world, it help us to know about the purposes and requirements for keeping financial records, what are the techniques for recording financial information, what are the legal and organisational requirements of financial recording, the usefulness of financial statements to stakeholders, what is the difference between management and financial accounting, the budgetary control process and so on. It also helps people how working capital can be effectively managed, how calculate and interpret variances from budget, how to evaluate business project, how business organizations can effectively manage working capital etc. Its also help u to know what are the legal responsibilities, how to keep financial record, how to control finance, how to control budget, what are the costing and pricing, what are the financial statements, project appraisal methods, usefulness of financial stakeholders etc. From our point of view the most important aspects are finance, budget, stakeholders etc. Failure and success of a business fully depends on theses aspects. There also varies minor aspects to consider also as well, these are also vital to grow your business and gain profits. To grow your business you have look into ways on increasing the amount of sales, both to existing customers and new customers, improving your products and services by researching and testing changes with your customers. Furthermore, developing new products and services, and selling them to new or existing markets, also taking on staff or training your current staff includes working with apprentices and mentors. Lastly you can look for additional sources of funding, such as binging in new investors. To know about businesses very well people have to know about finance for managers because all these things are related here. So it is necessary to learn finance for mangers because it helps quite a lot for businesses.