Research Articles Base: Global Business

Global Energy Crisis And It’s Probable Solution

THE GLOBAL ENERGY CRISIS AND ITS PROBABLE SOLUTION         The global energy crisis is a worldwide shortage of energy in oil, electricity, potable water and clean air and other mineral that produces energy. Although this problem is tolerable up to this moment the future brings a bothersome trends and phenomenal changes in the natural resources that the diversity of sources has been limited and whether there are available sources in producing such energy the cost of production can be severely high that countries may need to stretch out their budget in order to buy such supply. What makes these products so high is the demand of the world for its economic and industrial uses makes all this energy valuable and it continues to increase its price as long as the demand is high in every countries and region.        In the United States they have been using at least 20 to 25% of the world’s oil consumption and more than 60 percent of this oil is exported from various countries in the Middle East and some African country, they also get some gas in European countries the demand makes this energy high in price. Other countries that buy gas and oil including petroleum and other minerals suffered because of its price but they highly need such oil for economic activities. The use of machinery in the farm, home and offices, factories and transportation need such oil and electricity that the demand cannot be prevented making their prices higher than the world expected.         The decrease in supply in many electricity-power plants have made the production of electricity a crisis in price in many countries just like in Japan, China, Philippines and other countries who have experienced environmental disaster making their production a little less in electricity although they have recovered immediately because of their reserves and natural resources. The limited and expensive energy crisis makes other country to reach out their budget in energy consumption making their industrial production somehow insufficient because they have been dependent in other country.       The peak oil extraction problem is a future problem when petroleum and other mineral have reached its terminal decline that there will be no more oil left to extract, the problem will soon be the natural resources and where to get the raw materials to be produced. Because of the daily use of this energy source more than half of earths resource is bound to be extracted the consumption of oil is estimated about 31 billion barrel each year but the demand continue to increase in most countries especially in highly industrialized country in US, Japan, China and India. As early as 1970 US shows very little oil supply in their land and it also happened in countries like Mexico.       Most countries and no matter what they do, they cannot extend the depleted production of the earth. The only resolution they can do is to import oil in other countries like Middle East and Russia. The crisis in oil can also affect the production of electricity, and hydro- energy. In some countries oil crisis can even affect their transportation and agriculture. Coal mining for the production of electricity has been controlled in many countries since it has been found to be very destructive in natural resources and air. In fact industries and machines produces carbon dioxide that have largely destroy the earth’s atmosphere causing the ultimate disaster and threats of global warning.       There is still hope in the global energy crisis that we are experiencing today although it requires a very huge investment. The production of Solar Panel is probably the key to energy crisis this great plan uses the power of the sun to harness it purpose and there is no harmful environmental effect in using this photovoltaic charger and most of all the power of the sun is a renewable energy source that will not expire even if it takes billions of years. This looks like a piece of dim mirror attached collectively to each form a wider spread to collect sun rays. The sun rays are then collected into a battery source that builds the energy and convert them to electricity. As of today only few household from western countries uses this technology because of its high cost.             Another valuable solution to electricity crisis is the Wind Turbine that uses the power of the wind to harness electricity. There is also Hydro Turbine that uses the power of bodies of water in order produce electricity. Those machineries do not need any oil or fuel to operate and most of all the energy that they use will never run out as long as there is wind and water the electricity operation remains. There are also tropical trees and crops that that can produce biodiesel.       Jatropha fruit and many other plants and crops like moringa and jojoba are probably the best materials to produce biodiesel that is more effective in chemically produced oil and biodiesel, it has a very clean emission although the resources is limited that this tree are usually found in most tropical countries that they need to mass produce such trees because it’s easy to grow. If only the government can focus on these alternative resources in producing energy the earth can be provide a cleaner and greener world ahead of us. There will be less crisis ahead that can threaten our world.   References: http://www.solarpanelinfo.com/   http://abcnews.go.com/Technology/DyeHard/story?id=3860102&page=1  http://www.jatrophabiodiesel.org/  http://planetforlife.com/index.html Credit:ivythesis.typepad.com

Global Energy Crisis And It’s Probable Solution

THE GLOBAL ENERGY CRISIS AND ITS PROBABLE SOLUTION The global energy crisis is a worldwide shortage of energy in oil, electric...

Critical Analysis on “Global Strategic Planning: A Model and Recent Developments”

“Global Strategic Planning: A Model and Recent Developments”   The traditional ways of doing business has been already outshone by today’s business environment due to the globalization.  These days, all managers should have the global skills and abilities to go with the current flow of business in the global market.  According to Kedia & Mukherji (1999), globalization can be referred to market situation where political borders are irrelevant, economic interdependencies and national differences are optimized; from   the traditional societal cultures to the central issues of today’s business.  Nowadays, global business employers and managers face the tight storms of competitors, with frontier of technology, unlimited changes in the market, varied types of customers and completely strange cultures. In this event, global strategic planning has the major responsibility to face all these   forces of rapid change; as well as the great challenge of leading their business organizations into the new global marketplace.  And, in order to succeed in this kind of dynamic business environment, the global manager really needs a global mindset and experience in strategic management. Furthermore, global corporations develop from local to multinational and international corporations.  The management system has already changed now along the way to show the changes that take place in the definitions of the strategic business entity.  Every multinational firm that runs in one country has the ability to coordinate also with all other countries in the globe.  A product for a global corporation goes like this, the design of the products may be designed in United Kingdom, and the spare parts or components are manufactured from Taiwan and they finally assemble in Canada.  Look at the trend now, in one product or more, many countries are involved in their manufacturing process.  And, it is the result of the global strategic planning.  Along with global strategic planning, global mind setting goes with it.  Meaning the global managers must have a global thinking about the business perspective.  As a matter of fact, there are four kinds of mindsets of a global manager; the explorer, defender, controller and the integrator.  The defender mindset is just for local market.  While the explorer focuses on international markets in order to increase sales and business expansions.  On the other hand, the controller works to control the overseas market setting by the use of developed systems that work in the domestic market.  On the other side, integrator has a global point of view with web relationships with all its suppliers, competitors and clients. (ibacnet.org/bai2007/proceedings/Papers/2007bai7648.doc) Furthermore, the quick globalization process these days has also caused for the emergence of Global Strategic Management that combines the strategic management and international business.   Strategic Management is identifying and responding to opportunities and threats in the environment (Wortzel, 1991).  An international firm is structured and managed in order to provide opportunities across countries in the world.  The global company has one global strategy that produces products in many countries, offers standardized products in all country markets too.    In the same time, it creates at any site, uses any plant sizes that reduces delivery cost of products across its markets.  Similarly, it organizes itself in a way that facilitates efficient manufacturing process, marketing and distribution of its goods or products.  Moreover, the World Future Society had sponsored the World 2000 in conducting a global strategic management procedure in the business, government, education and other sectors of society to adapt efficiently and effectively the  occur in the global environment. And, there are various ex-factors that serve as driving forces that pushing the business world to new horizons.  They are increasing population of the people that is expected to grow higher by mid-twenty first century.  In the same manner, industrial results will increase dramatically by 5-10 high tech revolution and information technology systems.  This advanced technological system will even wire the world into one network, integrated global economy, as well as the political and universal banking system.  This idea is based on Italal, 1993.  And, with model and recent global business developments, business decision making becomes so multifaceted and sophisticated these days.  Every company has to establish decisions and actions in nine areas of global business.  The organization’s mission, philosophy and goals of the company must be determined; as well as the external analysis of business opportunities and threats of the firm.  Additionally, the present global situation also identifies the present and desired situations or problems.  Then, a chance to identify the alternative strategies through strategic choice of the best alternative strategy must be executed.  After that, implementation of the best strategy should be done; as well as review and evaluate the success of the process as foundation of future decision making. (ibacnet.org/bai2007/proceedings/Papers/2007bai7648.doc) References: (ibacnet.org/bai2007/proceedings/Papers/2007bai7648.doc) (www.allbusiness.com/management/453036-1.html)     Credit:ivythesis.typepad.com

Critical Analysis on “Global Strategic Planning: A Model and Recent Developments”

“Global Strategic Planning: A Model and Recent Developments” The traditional ways of doing business has been already outshone by toda...

Thesis Statements on Integrated Marketing Communications (IMC) in Promotion

Integrated Marketing Communications (IMC) in Promotion             As of now, almost everyone in the world is being influenced in some degree by advertising and other important types of promotion. Different public and private organizations already learned the importance of the ability to communicate effectively and efficiently with their target audiences is vital to their success.             Integrated Marketing Communication or IMC is considered as a simple concept that ensures that all the forms of communications and messages are all carefully linked and related together. Thus, it is an effective method that is used in order to integrate all the different promotional tools, so they will work together in harmony.             The said concept is important due to the different changes in the global business environment. The audiences or customers that the marketers seek, along with the media as well as the method that are used in order to reach them have become increasingly fragmented. As a result, advertising and promotional activities are becoming more and more regionalized and targeted to specific groups of the audiences. In addition, retailers are becoming larger and powerful, thus the marketers are pushed to shift money from the budget in advertising to the sales promotion activities.             Another important aspect is the widespread use of the Internet towards the online audiences. That’s why it is important to coordinate all their communication efforts in order to send consistent messages to their customers. It shows that IMC is important in order to have consistent, efficient and real-time connection with the customers that can help to increase sales of the given company.     Credit:ivythesis.typepad.com

Thesis Statements on Integrated Marketing Communications (IMC) in Promotion

Integrated Marketing Communications (IMC) in Promotion As of now, almost everyone in the world is being influenced in some de...