Analytical Essay About Leaders Essay Example for Free

Scientific Essay About Leaders Essay What is a pioneer? A pioneer is an individual who leads or orders a gathering, association, or nation. There are numerous kinds of pioneers. A pioneer can be a free enterprise pioneer that needs immediate oversight and neglects to give ordinary criticism to those they lead, a czar that has all out power and take choices upon their own will without talking with the individuals who are following or even a participative pioneer who has the duty of settling on a ultimate conclusion however extraordinarily incorporates the assessments, thoughts and input of those they lead. Pioneers can likewise be value-based pioneers who get certain errands to direct and give prizes or disciplines to those under them dependent on their presentation or transformational pioneers who rouse devotees and increment efficiency utilizing informative methods and association in the assignments they set. Not just that, a pioneer likewise must have a few attributes that compare to their kinds of administration. For instance, transformational pioneers must show restraint toward their supporters in any case connections can separate and the entire thought of proficiency is devastated. Pioneers should be enticing too to propel and persuade their adherents to have confidence in a thought or their capacity to carry out a responsibility which they falter to do or think they can't. As found in history and numerous books, pioneers lead uniquely in contrast to different pioneers as thoughts, strategies and view of flawlessness vary between them. For instance, the thoughts and techniques utilized by Queen Elizabeth the First contrasted from those utilized by Sampath Chawla from the novel entitled ‘Hullabaloo in the Guava Orchard’ composed by Kiran Desai just as Mark Antony from the play entitled ‘The catastrophe of Julius Caesar’ composed by the celebrated William Shakespeare. Them three all contrasted by they way they drove their devotees and utilizing which thoughts to do as such. In spite of varying in numerous perspectives, they all mutual some basic qualities that are the bases of initiative. In ‘The Tragedy of Julius Caesar’, a few backstabbers had slaughtered the practically roman sovereign, Julius Caesar. They did as such, giving the bogus explanation that they needed to free him of the dread or stress of death. Imprint Antony, utilizing enticing strategies, figured out how to change the outlooks of the open who put stock in the conspirators’ reason into accepting that Caesar was a decent man and had no terrible aims, which is the thing that the plotters thought. Imprint Antony utilizes enticing methods like reiteration, bogus goals and fallacy. He utilizes these in his discourse at Caesar’s internment to persuade the group into accepting his thoughts by first complimenting Brutus on how fair he is nevertheless at that point rehashing that he is so good to make the group question their confidence in Brutus. He additionally says that he didn't show up to laud Caesar however to cover him which is actually something contrary to what he needed to do. Another bogus goal was that he would not like to negate Brutus which is actually what he did by utilizing proper realities. Ultimately, his discourse was refined thus drove the group to accepting that he was better than Brutus which solidified his picking up the crowd’s support. In ‘Hullabaloo in the Guava Orchard’, the primary character, Sampath, is a pioneer later on in the novel subsequent to losing his position at the mail station where he peruses each letter that passes him. He turns into such a profound pioneer as he passes on a portion of the information, both helpful and out and out silly, to the individuals who accept he is one. He figures out how to persuade the individuals who come to him for exhortation, as he apparently has an answer that appears to be significant and insightful, utilizing influential procedures that incorporate stacked language and sparkling consensuses. A case of the reactions he provides for individuals is the point at which somebody inquired as to whether anybody could fathom everything to think about god to which Sampath answered ‘‘ Once you have broken the jug you can no longer recognize the air inside from the air outside’’ This speaks to the bright and stacked language Sampath speaks to just as his capacity to befuddle and control individuals into intuition good for nothing sentences like these have more noteworthy significance and that is the explanation they can't comprehend. He is additionally a pioneer since he speaks to an image of information and strict significance and this gives individuals something to anticipate, have faith in and depend upon. Sovereign Elizabeth the First was a pioneer too when she controlled over England in 1588. She was daring, insightful, mindful and along these lines, adored by the individuals. As of now, England was going to do battle with Spain. The units in concern were the maritime armadas of the two countries that were going to take part in battle. The Spanish armada, nicknamed the Spanish Armada, were in contrast with the English armada, greater, more grounded and intensely protected and this made the warriors question their own capacity to win and caused enormous episodes of weakness. In spite of this, the English armada came out successful. Sovereign Elizabeth, just before the Spanish Armada, gave a ground-breaking discourse that spurred her officers and gave her adoration and regard for the nation. She utilized enticing strategies like fleeting trend request to draw out the craving to have a place in the officers, compensates that offered impetus to the troopers to battle, win and return, stacked language to speak to her crowd, a tone of confidence to show that she knows the situation of intensity she is in and how she isn't undermined by anything outwardly and finally, the most remarkable method she utilized was to continue utilizing the word ‘we’ to show how they are completely joined together and how she was happy to quit any pretense of everything for the country. This motivated the certainty expected to win the fight. A pioneer is an individual who leads or orders a gathering, association, or nation. This is the thing that every one of the three chiefs have appeared, the capacity to lead. They have indicated this in their own particular manners and with their own thoughts. They all offer this normal characteristic just as being powerful and adjusting cleverly to fit the circumstance. That is the essential initiative quality that every single effective pioneer since forever have appeared and that is all that is required so as to be a fruitful pioneer.

Alexander the Great Arriving in Persepolis Essay Example For Students

Alexander the Great Arriving in Persepolis Essay I am Alexander the Great, King of Macedonia leader of Greece. I have been lord of Macedonia since my dads death five years prior. Since his demise I have vanquished a great part of the world. I am savage, and should anybody endeavor to overcome me in fight, they make certain to pass on. The year I became leader of Macedonia I set out to the city of Thessaly to reestablish Macedonia rule. After Thessaly submitted to me I vanquished numerous states, and numerous different states unreservedly submitted without fights. Two years after my dads demise, my war with the Persians started. Close to the city of Troy, I vanquished the Persian armed force. In doing as such, all the conditions of Asia at that point presented their arms to me. After a year I would experience the Persians once more; this time the principle Persian armed force would be my rival. I vanquished the Persian armed force drove by King Darious III at the city of Issus, and after a year took the city of Tire. Moreover, Egypt gave up to me. Maybe they realized they couldn't overcome me in fight and thought it better not to attempt. I had now made sure about control of the whole eastern Mediterranean coastline. I currently acquire you to my current time history. It has been a long time since I became ruler of Macedonia, and I have indeed vanquished my foe, King Darious III at Babylon. I am presently focusing on infiltrating into the dividers of Persepolis. I am exceptionally amped up for this, as I am wanting to recovering numerous fortunes which lie behind the dividers. This will be a very satisfying annihilation in light of the fact that the Persian Empire looted Athens right around 15 decades prior. I can't release this and on account of it I will infiltrate Persepolis and thrashing the Persians and consummate retribution upon them. With my profoundly talented armed force of around sixty-thousand men, I entered Persepolis and accepted control of its castle. I end up in the core of Persia. From the Persian treasury at Persepolis I held onto a wondrous measure of cash. It is a merited recompense, and I should depend on the custom of retribution for what the Persians did when Xerxes attacked Greece somewhere in the range of hundred and fifty years back. Alexander surrendered the city to his soldiers, who raged through its boulevards, butchered men, pillaged their property and stripped ladies of their adornments. My military and I will remain in Persepolis for the rest of the winter and rest. There are numerous fights ahead for which we will require quality. It was with this that I began to feel that I was unable to be both the justice fighter for what the Persians had done in Greece and simultaneously be their new ruler. Yet, in late-winter I additionally realized that I owed it to the Athenians to permit retaliation one final time. Xerxes consumed the Athenian Acropolis and the towns and sanctuaries of Attica those 15 decades prior, and I realize that I should accomplish something similarly ruinous. Following a multi month remain in Persepolis, it is presently time to proceed onward to overcome more states and power them to be managed by Greeks. The prior night we were to leave Persepolis, my men and I occupied with drinking and devouring. As the night went on, and my indignation inside me developed, I started thinking about an approach to achieve retribution against the Persians. I calculated the best way to really accomplish this was to do to them what they had done to the Athenians. It was with this that my military and I consumed Persepolis castle of Xerxes. I have now gotten my retribution on the Persians and I would now be able to turn into their ruler and put the retaliation behind me. .

An analysis of the business communication skills needed by entry-level Assignment - 1

An investigation of the business relational abilities required by section level bookkeepers - Assignment Example The consequences of this overview have demonstrated that relational abilities are basic particularly for fresh recruits. The investigation takes note of that the major significant relational abilities that are required by the new alumni incorporate spelling, sentence structure, accentuation just as composing obviously and decisively. This encourages the new bookkeepers to be in a situation to accomplish the ideal objectives particularly concerning data trade with their focused on crowds. The investigation has noticed that new bookkeepers regularly need essential relational abilities, for example, composing and this frequently impacts contrarily on their presentation since there are chances that they might be evaluated as poor however it may not be the situation. To a bigger degree, this examination is bona fide given that there is no work that should be possible without correspondence. Laborers trade perspectives and thoughts using diverse correspondence styles that go from verbal to nonverbal correspondence, composed just as listening systems. So as to be viable in correspondence, every individual ought to be familiar with one or the entirety of the relational abilities laid out above. The other significant viewpoint why correspondence is imperative in the bookkeeping calling is that the bookkeepers are in a superior situation to offer guidelines to their coworkers. The workers are likewise in a situation to make common comprehension among themselves on the off chance that they impart viably. This can be accomplished using powerful relational abilities where the communicators are clear and exact in whatever they state.

KS, Visiting Garden City Weather Changes - 275 Words

KS, Visiting Garden City: Weather Changes (Essay Sample) Content: Name of studentName of professorSubject, sectionDate of submissionVisiting Garden City: Weather Changes Garden City, Kansas will be experiencing a warm morning with the highest temperature at 91 0F and will drop to 72 0F in the afternoon bringing in a cold moist evening with a 96% chance of thunderstorms and scattered rain showers. Garden City is an area that experiences dry lines during spring. The dry line is the separation of the dry air coming from the west with the moist air blowing from the east. This separation causes the occurrence of thunderstorms. However, thunderstorms do not occur every time there is a dry line. This is because another requirement for a thunderstorms is a high temperature of dewpoint which is at keast 75 0F. Dewpoint is a temperature where the air no longer has the capacity to hold water vapor. This vapor then turns into its liquid form such as clouds, dew or fog. In the situation given, there is a chance for thunderstorms to happen due to the delineation of moist air and dry air, but this probability is at 96%. This is from obtaining the percentage by diving 72 0F to 75 0F and then multiplying the quotient to 100. Temperature change in the area could be a result of the season itself. During springtime, temperature could change drastically, from very cold mornings to very...

Critical Analysis Critical Coding - 2179 Words

Introduction ______________________________________________________ 1 Literature Review __________________________________________________ 1 Critical Analysis ____________________________________________________2 Conclusions _______________________________________________________4 Recommendations _________________________________________________ 5 References _______________________________________________________ 6 I. INTRODUCTION Human Resource hasn’t always been the hot topic like it is in today’s discussions on better performance management systems. Human resource has always been limitedly considered as the mere workforce that strictly follows the company’s mission and readily falls in compliance with the management’s decisions. That has always been the idea until recently, with gradual advancement in business studies, when effective HR management is considered probably the foremost contributing element towards increased overall productivity of an organization. A well-formed, well thought out and thoroughly connected HR policy that is structured as a self-empowered mechanism that digs deep getting to know about the issues and concerns of the common employee, addresses those concerns with the utmost hospitality and sets up checks and balancing systems to foresee any mishaps, communication gaps and other problems that might erode the relationship between the management and human re source in the future. On the contrary, it is also found to be a fact that, whileShow MoreRelatedA Grounded Theory Research Study1222 Words   |  5 Pagesor discover a theory. This type of research is grounded in data from individuals who have experienced a process. Some of the defining features include: a focus on a process or an action, development of a theory, memoing, data collection, and data analysis. The process or action that a researcher may look into would have movement or an action the researcher may be trying to explain. 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The investigative steps necessary for this analysis for this Capstone Project were found in Section III, and this subsequent chapter, Section IV, submits those findings. Comparative Analysis Process The fundamental aim within this Capstone Project’s was to detail how Verizon Wirelesss benefits package compares in the industry, by process of comparative analysis and implementation of a specific designRead MoreSteps Involved in Processing of Data1699 Words   |  7 Pagesprocessing of the data involves editing, coding, classifying, tabulating and after all this analyzation of the data takes place. Data Processing The various aspects of the data processing can be studied as follows 1. Editing of data:  Ã¢â‚¬â€œ This aspect plays a very vital role in the detection of the errors and omissions and then helps to correct these errors by which ,the degree of accuracy, consistency and homogeneity are increased. By this method, coding and tabulation of the data is done and

Malcolm X The Rhetorical Analysis Of Malcom Xs Speech

In New York City on March 22, 1964, Malcolm X delivered his speech, â€Å"The Ballot or the Bullet.† Malcolm X, a minister of the Nation of Islam, and a revolutionary advocate of nationalism in the black community, imparted this speech with the intent to reach the black population in a time of change. The adept use of ethos, pathos, and logos to build and maintain a compelling argument, brings about a call to action and firmly conveys his ideas within the black community. Within ethos, pathos, and logos, the implication of elevated language, loaded words, and logical statements, attains a sense of credibility, assurance, and cogency. To begin, Malcolm X’s speech detailing his his political views on black nationalism, the hypocrisy of†¦show more content†¦Additionally, Malcolm X uses a plethora of loaded words in his speech in order to appeal to the audiences sense of emotions. One example of this is when Malcolm X says that the â€Å"government of Portugal began to trample upon the rights of our brothers and sisters in Angola† (par 12). The use of the loaded word â€Å"trample†, specifically, demonstrates the power and significance of the oppressive governmental actions taken upon the (black) people of Angola, as well as the mass ethnic-destruction exhibited in Angola; which subsequently gives his speech equal power felt by the audience because they can relate to the issue to a large degree. In fact, the use of the word in this context not only allows the audience to recognize the importance of equal rights, but it also creates a sense of pathos in the audience, which ultimately crea tes a sense of believability and camaraderie between them and Malcolm X. A further demonstration of engaging the audience’s emotions is depicted in the beginning of the speech when Malcolm X explains, â€Å"The community in which you live becomes a slum. It becomes a ghetto. The conditions become run-down, and then you have the audacity to complain about poor housing and a run-down community. Why, youShow MoreRelatedMalcolm Xs Speech : The Rhetorical Analysis Of Malcom X843 Words   |  4 Pages1964 Malcolm X gave one of the most iconic speeches of all time. Malcolm gave this speech at the â€Å"Cory Methodist Church† where he spoke out about the politics of voting for African Americans. Malcolm X advised that African Americans should vote, however if prejudice continued and the government continued to prevent blacks from being completely equal that African Americans would have to use more violent tactics. This speech is great for a number of reasons and one of these reasons is Malcolm X’s useRead MoreMalcom X And The Civil Rights Movement1105 Words   |  5 PagesFahad Algarni Ms. Kristi Brock ENG 101- College Writing (WC) 15 July 2015 Analysis of Ballot or Bullet On 3rd April 1964, Malcom X addressed the Negro community assembled in Cleveland over the controversial issue of the civil rights movement. â€Å"The Ballot or the Bullet† speech of Malcom X can be considered as a direct response to â€Å"I have a Dream† speech of Dr. Martin Luther King Jr. Malcom X and Dr. Martin were taking a stand for the true freedom of the same community but with a diagonally opposite

Van Halen 1984 free essay sample

This hard rock band hit their prime with the album â€Å"1984.† This has reached diamond status and is one of the greatest albums ever recorded. Van Halen has never topped the success of â€Å"1984,† which produced their only #1 Billboard hit, â€Å"Jump.† The band was a major staple on MTV and radio, though, and the simple yet extraordinary videos of their other two hits â€Å"Panama† and â€Å"Hot for Teacher† should be in the Music Video Hall of Fame. This album, being almost pure ?s-driven, has a few songs with a heavy-synth riff. The band crossed over from being a hard rock band to pop superstars. The classic â€Å"Jump† appealed to metalheads and teeny boppers alike. â€Å"1984† is a gem that should be more recognized than it is. Its one of those rare albums that puts you in a good mood and makes you just want to have fun! How can you listen to â€Å"Panama† and just sit there? You have to rock out! â€Å"Jump† was heard in this summers movie â€Å"Herbie: Fully Loaded. We will write a custom essay sample on Van Halen 1984 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page † If you want to take a break from the mainstream rush, go through your parents CD collection and pull out this hard-rock-meets-pop album. I assure you that you will have a good time.

Ing Direct (“Ing-D”) Case Study Marketing Fundamentals Essay Example

Ing Direct (â€Å"Ing-D†) Case Study Marketing Fundamentals Paper ING DIRECT (â€Å"ING-D†) Case Study Course: Marketing Fundamentals Submission Date: 17th November 2009 Executive Summary ING-Direct (ING-D) is a marketing orientated bank that has launched into established markets in the last decade using differentiation as a way to build competitive advantage. This report splits into Section A, based on information provided by the ‘ING Direct USA – Rebel With A Cause’ Case Study by IMD International, and Section B which critically assesses the ING-D website. Section A The Nature of the ING-D’s Value Proposition Customer Value Proposition Creation By engineering processes and products from the customer inwards, ING-D aimed to construct a customer value proposition that offsets perceived sacrifices with higher levels of perceived benefits in areas which resonate strongly with customers. Value Proposition Summary The key perceived benefits offered to customers are simple, easy to use accounts with no fees or service charges, no minimum balances, great savings rates, the convenience of 24/7 internet banking and quality service from an award winning call centre. The perceived sacrifices are principally the physical evidence aspects of the ervice marketing mix that are associated with the traditional banks, including branches and ATMs. The other key perceived sacrifice is that ING-D does not offer a complete portfolio of accounts due to the lack of a Checking Account. Therefore customers potentially need to operate a number of accounts with different organisations. The value proposition is supported through integrated marketing com munications which utilise a range of tools and channels in addition to basic advertising, including sales promotion, events and online educational services. We will write a custom essay sample on Ing Direct (â€Å"Ing-D†) Case Study Marketing Fundamentals specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Ing Direct (â€Å"Ing-D†) Case Study Marketing Fundamentals specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Ing Direct (â€Å"Ing-D†) Case Study Marketing Fundamentals specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The use of less traditional communication methods underlines the strategy of using differentiation for competitive advantage. It sets ING-D apart from the mainstream banks in brand personality. Value Proposition Effectiveness ING-D created a viable customer value proposition as evidenced by high levels of customer advocacy and the growth in customer numbers and deposit levels. The Evolution of ING-D’s Strategy Since its Launch in the US Market Post-Launch Environment The post-launch period saw ING-D US entering a period of significant growth. At this time the bank was grappling with a range of challenges including pressure on margins, aggressive competitor activity, consumer confusion and increased internal reporting and control measures. The marketing strategies employed principally focussed on evolving two key parts of the marketing mix; product and place. Product Development Post-launch ING-D chose to implement a product development strategy as per the Ansoff Growth Matrix (Appendix 1). This can be seen in the period from 2000 to 2002 when a range of new products, such as Mortgages, Certificates of Deposit, etc, were launched into the existing ING-D US footprint. Channel Development ING-D traditionally operated a direct to consumer distribution channel. This had the benefits of maintaining control over the relationship with the customer ensuring that the brand values could be executed consistently. However, to address its balance sheet issues, in 2005 the direct distribution channel was supplemented with the introduction of intermediary agents in the form of wholesale mortgage brokers. Impact of Activity Growth was achieved quickly with effective diffusion through the market resulting in ING-D becoming the largest on line bank in the US. However, the rapid growth strategy resulted in a more systems and process based organisation and challenging the maintenance of its trademark entrepreneurial culture. ING-D Competitors and the Evolution of Their Strategies. Key Strategic Changes By Competitors Considering Porter’s Model of Competitive Industry Structure, we can see that with high barriers to entry, and limited opportunity for substitution, the main factor affecting ING-D has been in the form of competition from existing US banks, (Appendix 2). Previously these banks had core strategies of targeting specific markets. They focussed on their main product offerings such as Checking Accounts, and on branch network service provision. However, because ING-D’s success many of the established banks implemented new competitor target strategies in which they went head-to-head with ING-D and the other new entrants, internet banks, which had been attracted into the direct market. ING-D’s competitors fall into two key groups; Bricks Mortar The traditional banks such as Citibank HSBC have principally eroded ING-D’s unique selling propositions through the availability of high interest savings accounts. They had the advantage of building on existing relationships and offer the convenience of being a one-stop-shop for customers. As holders of the primary checking relationship this has been a credible market position which has resulted in savings balances switching from ING-D. Internet Internet competitors have operating models more like the â€Å"no frills† approach adopted by ING-D. The main competitive threat has been around interest rates but they also attacked ING-D’s brand values and personality, such as the use of less formal marketing messages and communication channels. Impact The result of these strategic changes has been a proliferation of ‘me too’ savings products from a range of providers which have created price competition, choice and consumer confusion. The actions of competitors have reduced the perceived benefits of ING-D and increased the value of the perceived sacrifices. The main impact is that ING-D lost its price leadership position for savings interest rates weakening the customer value proposition and leaving the bank open to threat. The impact can be seen in the 2006 figures, with average savings per million customers of $10. 8m in 2002-05, falling to $8. 2m in 2006, a drop of 24. 7%. Arguments For and Against ING-D’s Introduction of Checking Accounts and Recommendation ING-D has lost its competitive advantage of high rate savings accounts. To rectify this one option is to introduce a checking account. Benefits †¢ Establishing primary customer relationship associated with Checking accounts †¢ Removing an existing advantage for established competitors †¢ Protecting market share by meeting its customers’ complete banking needs †¢ Attracting new customers from an attractive, substantial (49% of bill payments in 2002) and profitable market sector †¢ Doing nothing leaves bank open to continued risk of market share erosion †¢ Removes reliance on maintaining the best rates as sole USP Risks †¢ Conflicting with the company’s core value proposition as a low-cost, simple, easy to use banking provider †¢ Increasing customer support and training requirements leading to higher operating costs †¢ Introducing a level of operational complexity and increasing operational risk †¢ Requiring a more process and systems based environment contrary to its entrepreneurial culture Recommendation We believe the benefits outweigh the risks and recommend ING-D launches a Checking Account. It is vital that it links the product offering back to the fundamental brand values that have made the bank successful with a specific focus on product and process design. ING-D needs to focus on making its Checking Account a differentiated product offering around areas such as; †¢ less complicated than its competitors’ accounts †¢ no requirements for minimum balances †¢ transparent communication and application of fees Limited market testing has already helped to refine the product and processes. This needs to be finalised to ensure that the ‘easy to use’ market position is achieved. As part of this, further research around the lack of a cheque book may be required as this could be viewed as a negative by customers and limit the potential market penetration. By referring back to ING-D’s core principles it is possible for it to create a market position on checking accounts that is consistent, credible, competitive and clear and aligned with its other products and core values. Section B Critical Assessment of the Current Positioning of ING-D Based on Their Website http://www. ngdirect. co. uk/ The ING-D website was reviewed on 31/10/09 and 15/11/09 and the overall positioning assessed within a framework of four principles of successful positioning. This is completed on the website as at 15/11/09 with references to any noteworthy changes from the 31/10/09 version, (Appendix 3) Clarity The use of the â€Å"Saving Feels Good† positioning statement fixes ING-D as a bank with savings as a key offering. The other products on offers are limited to Mortgages and Home Insurance leaving a very simple uncluttered view of what products ING-D is providing to customers. However, it could also be argued that simplicity has gone too far and that the stripped down approach limits the provision of a comprehensive offer. For example areas such as the main FAQ section fail to answer many common questions that customers may have regarding the bank or the broader economy. The site consistently evokes an emotional relationship through the words, â€Å"feels good†, which links into the behavioural market segmentation approach. Some of the images and marketing approaches are confusing in terms of customer segmentation targets. For example, there are photos of young children and parents on the general pages, whilst the ages of the customers in the video section start at 46 years, thereby conflicting with the messages about earlier life cycle stages. Consistency The use of brand assets such as contemporary â€Å"Dutch† orange and the lifeboat image ensure the site is instantly recognisable. The lifebelt image is consistently used to highlight rates. This links to safety as a motivation for saving, further building on the use of family images. The site remains consistent with the ING-D brand values by being easy to navigate, in a clear font and with easy to find information such as contact details and frequently asked questions. The lead item on the homepage is mortgages which changed since the 31/10/09 when savings led. This doesn’t sit as well with the usual ING-D market positioning as a savings provider. It may well be that ING-D has a strategy to keep the website fresh by changing the offer and emphasis on a regular basis. However, the change may have resulted from the significant drop in interest rates between the two dates as the company attempts to drive mortgage business. Other parts of the home page continue to focus on savings and therefore there is some consistency in reinforcing this position. Tick marks give an upbeat feel to the site rather than simply using bullet points and this fits with the less formal communication style. By delivering a differentiated offer to competitors through the provision of fewer products, a friendlier quality service and a fresh approach ING-D seeks to establish itself in the minds of consumers as a different type of bank with a clear brand personality. Competitiveness The site works to convince consumers that ING-D is a safe place for their money. It doesn’t confirm a position of competitiveness through its messages. The savings interest rate is clearly highlighted which allows for easy comparison but doesn’t specifically provide information on competitor offerings. This may be due to restrictions due to legislation. Over this fairly short time period the ING-D site has changed in emphasis from savings to mortgages which may be due to variances in the savings rate on offer, which have dropped by 2. 7% to just 0. % for new customers. ING-D is proud of its award winning customer service centres and the site highlights a range of awards across both general service and product specific categories. High levels of customer service and UK based call centres will be seen by some customers as a competitive advantage given the recent backlash against organisations that have outsourced this service to India and the Far East. Credibility Much of the credibility of ING-D’s positioning off-line comes from the high levels of customer satisfaction and advocacy. ING-D has chosen to directly translate this factor online with customer videos and uses cues such as customer numbers to build credibility and pre-empt cognitive dissonance. Given the economic back-drop the bank has missed the opportunity to build possible creditability by helping its customers to better understand the stability of the bank and the safety of their deposits. Further to this there are only 5 press releases provided for 2009, the most recent of which is over 4 months out of date, and none of these relate specifically to ING-D. The creditability of the ING-D offer could be greatly eroded by the large drop in the savings rate. In a period with no base rate changes it is difficult to see how the size of change could be justified, especially as competitor rates published on comparison websites remain in excess of 3. 0%. Appendix 1 Ansoff Growth Matrix [pic] (Jobber Mahy, 2009, based on p324) Appendix 2 The Porter Model of Competitive Industry Structure [pic] (Jobber Mahy, 2009, based on p319) Appendix 3 http://www. ingdirect. o. uk Home page as at 31/10/09 [pic] http://www. ingdirect. co. uk Home page as at 15/11/09 [pic] Bibliography ING Direct [Online]. Available from: http://www. ingdirect. co. uk/ [Accessed 31/10/2009 – 15/11/2009]. Jobber, D. and Fahy, J. (2009) Foundations of Marketing, 3rd ed. , McGraw Hill, London. Sequeira, S. , Ryans, A. , Deutscher T. , Ivey, R. , (2007) ING Direct USA – Rebel With A Cause. IMD International, Richard Ivey School of Business (The University of Weste rn Ontario), IMD-3-1845.

HTC case analysis Essays

HTC case analysis Essays HTC case analysis Essay HTC case analysis Essay ETC designs and manufactures products as specified by third parties that are later on the process sold under a different name. All the specified products are highly innovative and advanced. Len fact ETC was one of the first carriers to launch a touchable screen phone (ETC Touch) In 2007, three weeks before the phone was flirt commercialism. After that, ETC released the next model, the Touch Diamond, that improve ETC Touch with a more solid Phones for wireless network operators. On the one hand the internet experience US Is a locked market where the two big operators ATT and Verizon sell phones with their own slim card,eliminative technology and customers switch phones according to the plan that suits them best (provided by their operator). On the other hand, the European Market is unlocked, and customers are more loyal to their phone brand TABLETS: ETC entered the Tablet fever in 2011 with the ETC Flyer, a 7 Inch android tablet which was not very successful. Later with a 10 inch 46 Streamer offered by ATT in exclusivity, but did not succeed either. It was a extremely competitive market. 2. VALUE ANALYSIS ETC focused most of its resources on taking a highly customized approach with mobile operators to set itself apart from other contract manufacturers. Phones were being customized according to the clients needs and then sold some times under a different brand. Egg. : the first Google Nexus. Moreover ETC helped mobile operators building a unique value proposition and optimized their services by manufacturing hones that looked like their own phones. Furthermore, ETC works with two SO systems, Android and Windows Phone In order to satisfy these two different customers segments. With Android policy to allow developers to modify and adapt their SO to individual needs, ETC was able to differentiate its android products from other manufacturers with ETC Sense; an Internally developed layer of software on top of Android that Included a superb LU as well as unique applications providing unique experiences for ETC users. 3. This great amount of personalization meant costs above average (compared to other manufacturers) since all products needed different marketing strategies and not a lot of pieces could be shared across other ETC products. ETC right now is switching to its original DOOM business leaving on the side the manufacturing for third parties, since the new CEO sees building brand image as the key to fight its competition and capture the real value of Innovation. This would allow the company to unify its marketing campaign efforts and save costs; they used to have the problem that their racketing efforts were so different across countries that a person seeing two 1 OFF brand. Some of the other issues that are being discussed is the SO strategy, because Windows does not allow that much personalization and they fear that Monika might get rights over it. Relating to planning, we agree on the fact that ETC should start focusing in one line of smartness with the same SO system which will allow the company to improve its brand image and start escalating in the top smartness of the market list.

BMW AG (Bried Description Of The Company) Assignment

BMW AG (Bried Description Of The Company) - Assignment Example 4. M sport exhausts system installation on BMW 650i Coupe or BMW 650I convertible models. M sport exhaust system, which is a motor-racing inspired device, helps in reducing the exhaust backpressure and assist the acoustics of the V8 power unit when the vehicle accelerates or decelerates (Bragman 1). The new 6-series cars aims at providing high motor racing cars with a driver assistant system features of 5-series model. The new model would be relevant for use during spring. Since the extensions aims at improving the features of 5-series that already exist, the production fits line extension strategy. Line extension strategy is advantageous to the company because of its low cost and risks involved compared to conventional strategies such as creation of new brands in the same line. Economic advantage of line extension informs the decision by BMW group to advance from its 5 to 6 Series Models. Marketers can speculate and predict future trends in sales of extended brands compared to innovative brands newly introduced in into the market. BMW group’s decision to advance its BMW and MINI models was effective in increasing sales and heightening competitive edge for its rival companies in the industry. Existing consumer awareness renders brand extension as viable strategy compared to introduction of new brands in the market. It is easier to create awareness and imagery for extended brand than brands that are new in the market. Extended brands have associations with the main brand and, therefore, easier to market that new brands. BMW group’s decision to extend its brand from 5 to 6 Series is feasible because it enhanced promotion of extended brand based on consumers’ knowledge of the main brand. Consumer trust on the main brand renders it easier to market extended brands compared to new brands. Extensions benefit from existing consumer trust. Consumers have high likelihood of trying extended brands

Financial and Management Accounting Essay Example | Topics and Well Written Essays - 3000 words

Financial and Management Accounting - Essay Example The franchised hotels performed amazingly in the recent year. The occupancy levels are found to be 72% for the whole previous year and the occupancy levels in the second half of the previous year the rate was 79% (DeFond and Hung, 2003). There was a lower occupancy on Sundays. The average of ADR was observed to be  £34 in the financial year and it further increased in the second half of the year to  £36. Intercontinental (IHG) group is a global hotel company whose objective is to create excellent hotels that guests find irresistible. The group is found to hold a strong market position with increasing market share and growth. Total gross revenue of IHGs has increased to 6% and is observed to be $23 billion. The group’s revenue has decreased to 2% that is $1858 million (Nissim and Penman, 2001). The operating profit of the group has decreased by 3% and is observed to be $651 million. There has been 10% increase in dividend of the group as compared to previous year. The key performance indicators (KPI) examine the group’s success in achieving growth strategy. KPI’s such as the net room supply has increased to 710,295, growth in fee revenues has increased by 6.7% and the total gross revenue from hotels under IHG group has increased to $22 billion. The system contribution to revenue has also elevated by 71% in the current year (Carslaw and Mills, 2006). Easy Hotels owned hotel rooms have mounted in the past three years and the revenue also has gradually increased. The hotel group has implemented key marketing initiatives with digital and customer service focus and is successfully competing with other hotels (Lewellen, 2004). In spite of such performance, the company is facing the threat of increasing competition and oversupply of identical accommodation types within a city. The hotel is also facing operating risks such as increase in operating costs due to inflation (Feng and Wang, 2000). The hotel employed the opportunities to create extended term

Rhetorical Strategy Commercial Essay Essay Example for Free

Rhetorical Strategy Commercial Essay Essay Commercials are not always just informative, some convey a message so strong it leaves you thinking about it when it’s over. Most people could care less about watching commercials and would consider them a waste of time, but an opposite handful comes to find them interesting and useful. Many commercials target certain audiences, having the ability to draw the viewers in closer and closer wishing that it were never over. The Guinness Basketball Commercial of 2013 was a top-viewed ad around the nation for it is something that you do not see everyday. When watching this commercial rhetorically, you see things that many normal viewers would not and how well directed this piece of work really is. The Guinness Basketball Commercial exemplifies the aspects of Pathos and Ethos, delivering a inspirational message nationwide through the use of dedication, loyalty, and friendship. This commercial demonstrates dedication, giving up one’s own time to better off a friend that they care about. In the video, nine normal men play wheelchair basketball with their friend who is disabled and cannot enjoy the same experiences they are able to. This is very powerful because you are able to extract the fact that there is not a shot these men would be playing like this if their other friend did not have the ability to walk. Using the rhetoric concept of pathos, the audience is drawn into a state of inspiration and feels what the disabled character has to go through. When they stop playing, the other nine men stand holding the door open for their friend and exit the gym. This makes the audience feel the entitlement of respect for the players who give up their legs just to make their buddy feel included. The disabled man is filled with joy that he has a group of friends who are willing to do anything to make him feel a part of something. This is shown by his positive body language and reactions. The end of the commercial is composed of them going out for a drink after a hard fought, while fun game of basketball. The director is easily able to connect to the focused audience making them want to watch it over and over again, creating more success for the commercial. All in All, through dedication the commercial is titled as one of the most inspiring and most watched ad in 2013. The commercial also delivers a strong message through the use of loyalty for one another. This commercial connected to me especially because I have the type of friends where I know they would do the same for me if I were in a situation like this. While watching this ad, the audience does not know that the other players are able to walk. When finding out, you are given a feeling of happiness and awe not expecting this would be the outcome. This video really captures the element of pathos to make sure the audience stays focused on the commercial with the competitive gameplay and inspiring music in the background. Faithfulness is enticed throughout the entire commercial because even if they were all disabled, it is clear that this group of friends would stick together through any obstacles thrown their way. Even though the commercial does not give away the message of loyalty right away, you can still see glimpses of devotion between the characters and how much they care for each other. After all that is the meaning of being loyal, having someone’s back no matter how bad the outcome looks. This commercial is intended for a more specific audience rather than the general public. Mainly for those who have a good friend that cannot share the things that they are able to do and are willing to help them out. It may even be for those who do have a problem or disability who want to experience activities others can. The possibilities are endless and loyalty is a major characteristic played in the creation of this commercial. Lastly, this commercial is based off the sole purpose of friendship and what it means to be a good friend. While watching you can already tell this group of guys are comfortable with each other and have a strong bond. But when the defining moment comes and you see them stand, the audience is mind blown and friendship becomes an understatement. Sympathy is given to the character in the wheelchair, but at the same time an emotion of jealousy is also exposed towards him for having such a solid gang that cares and loves him. This makes the viewers start to ask themselves, do I have the type of friends that would do the same for me? That one final scene of them sitting around the table and having a beer, defines pathos the most. You see so many other videos and photos of men talking and smiling drinking a beer, it almost acts as a universal definition of the term friendship. The beautiful thing about this commercial is that it is very rare. You don’t hear of everyday situations like this one happening, so it makes it that much more special adding inspiration. And for those that are caught in a situation like this, words cannot even describe how much this ad must have meant to them. Even though many people are not affected or can relate to themselves to this commercial, it gives a sense of hope that there is still good in this world and true friendship still exists. This ad also embeds the rhetoric concept of ethos to tie in credibility along with the amount of pathos that was used. By using a well-known and prestigious beer commercial, the video becomes extremely credible and valid. The audience is put on their feet wondering what will happen next in the commercial which makes it a successful commercial kicking out any previous thoughts they may have had before viewing the short advertisement. You are able to tell that the director put a lot of thought and did a very well job in the creation of this commercial. No one likes watching commercials, but after seeing ones like this, it send chills down your spine making you crave for more. The commercial states, â€Å"The choices we make, reveal the true nature of our character†, and it could not have been said any better with the emphasis on dedication, loyalty, and friendship.

Napoleon :: History, The French Revolution

Napoleon only upholds the ideals of the French Revolution because he wanted to secure and strengthen his own power. During his rise to power, Napoleon adhered to the ideals dutifully. In his speech to his troops, Napoleon said, â€Å"We are waging war as generous enemies, and we wish only to crush the tyrants who enslave [the Italian people]† (Document 1). He tells them to be respectful of other countries, to give them rights they have the right to enjoy. This follows Locke’s enlightenment ideas, that everyone has inherent rights that cannot be taken away. Being an supporter of equal rights, he gained popularity with the French people. Over time, Napoleon used these ideals to increase and solidify his power. Napoleon Crossing the Alps by Jacques Louis David (Document 4) correctly illustrates Napoleon’s France. In this painting, Napoleon, dressed in breeches and a fancy army uniform rides on a horse, holding the reins loosely but firmly, looking majestic. The horse is strong from the apparent muscles in its legs. At a closer look, the horse’s eyes are too wide and wild and its mouth is gaping open. The horse symbolized France as whole at the time period, when everything was chaotic, with beheadings everyday and constant fears of invasion. Napoleon kept France under absolute control but still allowed enough freedoms to the people. France was a republic in name only. During this time period, the French people were ensured equality, as long as they abided by the law, the Napoleonic Code (Document 9), which unified the legal system of France under one set of laws. Meritocracy was instilled and schools were established to educate people, since in Napoleon’s France people acquired jobs based on their skill and not family connections. Food prices were stabilized so that everyone could afford to eat. By establishing a strong centralized authority, Napoleon brought order to France. He began censoring newspapers and had the Secret Police keep tabs on people. Both of these actions were direct violations of the enlightenment and Declaration of the Rights of Man, which stated, people had the right to freedom of speech, press, and religion, and could not be silenced for these views. The hypocrisy of his actions are seen once again, when Napoleon crowns himself Emperor. By doing so, he is saying that his power to rule is derived from god. The Napoleonic Catechism proclaimed, â€Å"[Napoleon had become] anointed of the Lord†¦those lacking in their duty to our emperor†¦resisting the order established by God himself† (Document 11).

Mental illness Essay

Charlotte Perkins Gilman’s â€Å"The Yellow Wallpaper,† relays to the reader something more than a simple story of a woman at the mercy of the limited medical knowledge in the late 1800’s. Gilman creates a character that expresses real emotions and a psyche that can be examined in the context of modern understanding. â€Å"The Yellow Wallpaper,† written in first person and first published in 1892 in the January edition of the New England Magazine, depicts the downward spiral of depression, loss of control and competence, and feelings of worthlessness that lead to greater depression and the possibility of schizophrenia. The beginning emphasis will be on the interaction and roles of the husband and wife in â€Å"The Yellow Wallpaper†, which are based on the male dominated times of the late 1800’s. The main character, a woman whose name is never revealed, tells us of the mental state of mind she is under and how her husband and his brother, both physicians, dismiss it. â€Å"You see, he does not believe I am sick! And what can one do? If a physician of high standing, and one’s own husband, assures friends and relatives that there is really nothing the matter with one but temporary nervous depression — a slight hysterical tendency — what is one to do?† The doctors seem completely unable to admit that there might be more to her condition than just stress and a slight nervous disorder even when a summer in the country and weeks of bed-rest have not helped. It might be thought that it is a simple matter of a loving husband being overprotective of his ill wife, but this assumption is quickly washed away by his arrogant attitudes, combined with his callous treatment of her that only serve to compound the problem. â€Å"At first he meant to repaper the room, but afterwards he said that I was letting it get the better of me, and that nothing was worse for a nervous patient than to give way to such fancies†. John treats his wife in a manner that gives her reason to doubt herself and her capabilities. Her husband John has explicitly forbidden her to do certain things, although we are never told why; but it can be assumed that it is because of her frailty that some of these activities have been taken away from her. As such being prohibited to work and not being able to contribute to the household as a proper wife and new  mother she begins to feel helpless. â€Å"So I†¦ am absolutely forbidden to â€Å"work† until I am well again. Personally, I disagree with their ideas.† Additionally, she has been told not to write: â€Å"There comes John, and I must put this away — he hates to have me write a word.† With no creative outlet her mind starts to find things upon which to dwell, things that only she can see. Virtually imprisoned in her bedroom, supposedly to allow her to rest and recover, she slowly starts to go insane. Without compassion or an outlet for her creativity, her mind turns inward and focuses on her now increasingly shrinking universe. She has no say in the location or the decor of her room. â€Å"I don’t like our room a bit. . . But John would [http://www.youtube.com/watch?v=5u7t0TuAnKU] not hear of it.† She is not allowed visitors, â€Å"It is so discouraging not to have any advice and companionship . . . but he says he would as soon put fireworks in my pillow-case as to let me have those stimulating people about now.† In large part because of this oppression, she continues to decline. â€Å"I don’t feel as if it was worthwhile to turn my hand over for anything and I’m getting dreadfully fretful and querulous.† However by keeping her a prisoner in a room with offensive wallpaper and very little to occupy her mind, John almost forces her to dwell on her psyche. Prison is supposed to be depressing, and she is pretty close to being a prisoner. The story does hint to the fact that John knows he could have done more but simply does not seem to want to be bothered with the effort of such an endeavour for his wife. He never acknowledges that she has a real problem until the end of the story, at which time he fainted. John could have obtained council from someone less personally involved in her case, but the only help he sought was for the condition of the house and the baby. He obtained a nanny to watch over the children while he was away at work each day: â€Å"It is fortunate Mary is so good with the baby.† He also had his sister Jennie take care of the house. â€Å"She is a perfect and enthusiastic housekeeper.† There is one instance, however, when he does talk of taking her to an expert for assistance, â€Å"John says if I don’t pick up faster he shall send me to Weir Mitchell in the fall.† Nevertheless she took that as a  threat since Dr. Mitchell was even more domineering than her husband and his brother. Perhaps, if she had been allowed to come and go and do as she pleased her depression might have lifted, â€Å"I think sometimes that if I were only well enough to write a little it would relieve the press of ideas and rest me.† It seems to her that just being able to tell someone how she really feels would have eased her depression, but her husband would not hear of it because of the embarrassing consequences it could bring to the family name. Thus, John has made her a prisoner in their marriage where her opinions are pushed aside, and her self-worthiness questioned. She does have a rebellious spirit in her and the fact that this spirit is being crushed is the final nail towards her insanity. Her desperation is almost like someone being buried alive and screaming knowing that there are people just above but who seem not to hear or care. Her reaction is to seek to prove her husband wrong, â€Å"John is a physician, and perhaps . . . perhaps that is one reason I do not get well faster . . .† While putting on an appearance of submission, in actuality she was frequently rebelling against her husband’s orders. She writes when there is nobody around to see her, and she tries to move her bed, but always keeps an eye open for someone coming. As her breakdown approaches she actually locks her husband out of her room, â€Å"I have locked the door and thrown the key down into the front path. I don’t want to go out, and I don’t want to have anybody come in, till John comes. I want to astonish him.† This forces him to see that he has been wrong, and, since she knew he could not tolerate hysteria, to eventually drive him away. While there is supporting evidence that her husband’s treatment of her was a major contributing factor to her madness, the possibility also exists that her madness was caused by an internal illness which, given the level of medical knowledge, her husband was unable to deal with appropriately. As mentioned in the beginning of this essay, Gilman creates a character that has real emotions and a real psyche that impresses upon the reader that she is slowly deteriorating into a mental illness known as schizophrenia (a disintegration of the personality). This illness, however it manifests itself within the personality of someone is usually highlighted through a variety of symptoms. The leading character exhibits these symptoms spo radically throughout the story. To begin with, one of the more obvious of her symptoms is her irrational obsession, displayed by relentless thoughts of and about, the yellow wallpaper that wraps the walls in her room. It is a room that she feels captured by and her obsessions start from the beginning of the story. â€Å"I never saw a worse paper in my life,† she says. â€Å"It is dull enough to confuse the eye in following, pronounced enough to constantly irritate and provoke study† Taken in isolation, this kind of observation might appear to be harmless to the uninformed observer, but as her obsession with the wallpaper grows, so does her dementia. At one point she describes lying on her bed and â€Å"follow[ing] that pattern about by the hour . . . I determine for the thousandth time that I will follow that pointless pattern to some sort of conclusion†. Interconnected with the first symptom of irrational obsession is that of thought processing disorder. This disorder can range in severity from a vague muddiness of thinking to a complete breakdown of one’s mental processes. The first real clues that she is having trouble controlling her mental state of being comes into focus when she states, â€Å"I get unreasonably angry with John sometimes . . . I take pains to control myself — before him, at least, and that makes me very tired† She tries to discuss her feelings rationally, but this only brings a â€Å"stern reproachful look† at which she gives up and returns to her room. Again her condition is revealed a few pages later when remarking that, â€Å"It is getting to be a great effort for me to think straight†. Soon, other noticeable changes in her mental state start to take shape. She slowly begins to show symptoms of paranoia, yet another unfortunate schizophrenic trait. She speaks of how happy she is that her baby is not exposed to the same torturous existence that she has to endure in her room with the yellow wallpaper. â€Å"Of course I never mention it to them any more — I am too wise, — but I keep watch of it all the same† Even the mistrust of her â€Å"caretakers† is further evidenced when she says, â€Å"The fact is I am getting a little afraid of John. He seems very queer sometimes, and even Jennie has an inexplicable look† When catching Jennie looking at the yellow wallpaper, she thinks to herself, â€Å"But I know she was studying that pattern, and I am determined that nobody shall find it out but myself?† This type of  paranoia is a firm indication that her psychological state is continuing to deteriorate towards complete schizophreni a. Another in the list of common symptoms of schizophrenia that the protagonist exhibits is hallucination. Of these hallucinations, one is when she â€Å"sees† people walking in the paths that she views from her bedroom window. As her condition worsens, she begins to have other hallucinations, this time focused on the yellow wallpaper itself. This is noticed when she exclaims, â€Å"At night in any kind of light, in twilight, candlelight, lamplight, and worst of all by moonlight, it [the wallpaper] becomes bars! The outside pattern, I mean, and the woman behind it is as plain as can be†. In addition to her mental hallucinations, she starts to also have ones where she can smell things as well, â€Å"the only thing I can think of that it is like is the colour of the paper! A yellow smell†. The climactic stage of her hallucinations comes when she realizes, â€Å"that woman gets out in the daytime!† It is at this point that her deranged thought processes become a coping mechanism to help her deal with her mental state of being. She passes into a full schizophrenic state and transforms from a helpless, self-pitying woman, to one who feels, in her mind at least, that she has broken free of her shackles. She feels that she has gained a sense of control, no matter how false that sense may be, as she says, â€Å"I don’t want to go out, and I don’t want to have anybody come in, till John comes. I want to astonish him†. Much has changed by the end of the story, so much in fact that in the end it is she who is metaphorically and literally creeping over John, who has fainted after seeing her in a deranged state of being. This is in contrast to their interactions up to this point when it was John who usually dictated and condescended her. The fact that the protagonist in this story is schizophrenic is supported by various bits of evidence. However, the question that remains to be answered is why a diagnosis of schizophrenia is important to interpreting â€Å"The Yellow Wall-Paper.† Schizophrenia is a logical choice in that it explains why the protagonist behaved in the way that she did. For her to overcome her submission to an environment that has sought to oppress her, she had to discard the personality within her that was meek and mild. This is a common defence mechanism of the mind in order to deal with situations it perceives to be uncontrollable. It is quite  possible within the realm of psychological study that the combination of the stress of childbirth, post-natal depression and the mental strain of having to repress her emotions triggered the schizophrenia. This terrible condition may have resulted from the bonds she felt would not allow her to express herself as a human being, mother and wife, a freedom that she so desperately needed. Her slide into madness, as a way to deal with her entrapment, is similar to a caged animal that, when backed into a corner, will fight for its life.

The Importance of Free Trade in a Globalized World Economy Free Essay Example, 1250 words

The best way to improve the global economy is to enhance the chances of a more international trade. This is the main objective of forming the World Trade Organization and entering into trade agreements like GATT so that the member countries will be encouraged to enter into trade and commercial transactions more freely. Such a situation where there are increased commercial activities between nations improves the free flow of foreign exchange from one country to another. If the world economy is to be strengthened there should be an all-around economic growth in all the countries. This is possible only by encouraging free trade between the countries. The economic history of the world has witnessed the free flow of foreign exchange from the industrially advanced countries to the emerging economies in the form of Foreign Direct Investments for promoting various infrastructural facilities in the developing countries. China can be cited as one best example for the development of the world economy through free trade. With the rapid changes the country brought about in the country in the form of market economy reforms, the country was able to attract more foreign investments. We will write a custom essay sample on The Importance of Free Trade in a Globalized World Economy or any topic specifically for you Only $17.96 $11.86/pageorder now This has greatly facilitated the country to make an all-around improvement in its economic activities. With the growth in the economy, other nations identified a potentially large market for their goods and services in China and this has made the United States and other Western countries to expand the scope of their presence in China. This had automatically led to the flow of foreign exchange between countries both in the form of trade-related transactions and on capital accounts for investment purposes. The development of China and other third world countries can easily vouch for the importance of free trade to the global economy. Yet another important element of the global economy is the availability of adequate employment opportunities in all the countries across the world.