ShantanuT01/DACTYL-Pretraining huggingface dataset:
Expansion into the Philippines The decision for Ocean Park to expand into the Philippines market hinges on several points of consideration. First, the prospects of the company expanding its domestic operations in Hong Kong are poor because the cost of land is high and stringent regulations are too stifling. For example, the average price per square meter of property in Hong Kong is $28570, while in the Philippines it is $3952. Land prices are good indicators of the cost of doing business, which means it will be cheaper and more profitable for Ocean Park to do business in the Philippines. Besides, the economy is projected to continue growing for the next six years. Second, the Philippines has been enjoying double-digit growth in its tourism sector recently. In 2017, tourism grew from 5.967 million to 6.62 million visitors, underscoring a growth rate of 11 percent. Despite the fact that the number of visitors to Hong Kong (58.5 million in 2017) outweighs that of the Philippines by close to ten times, the majority of visitors to the latter are on vacation and, thus, are looking for recreational services, with the bulk of such visitors coming from China. Additionally, the Philippines has a population of 100 million people, which means that Ocean Park could also serve locals in various locations around the country. Finally, Filipinos rank as some of the most confident spenders in the world and offer a ready market for Ocean Park. Third, the available amusement parks in the Philippines are widely scattered, and are focused on single themes – water parks, rides, shows, and zoos. However, Ocean Park has extensive experience in this area, and has incorporated all these activities, as well as having diversified into other forms of entertainment such as nightlife and animal exhibitions. These diverse services could result in disruption to the local industry. However, the company could also form joint ventures with local firms for easy market penetration. CAGE Analysis Cultural Distance The majority of Filipinos can communicate in English, which is also considered one of the national languages in Hong Kong, so interacting with the local community will not be a challenge. However, while the dominant religion in Hong Kong is Buddhism and Taoism, Christianity is popular among Filipinos. Nevertheless, Filipinos are hospitable and lively people and the religion issue is not expected to play a significant role in
Audience I received instructions from the Managing Director, Ms. Geraldine Schleiermacher to provide professional details to my colleagues on electrical and electronics engineering career advisers. This report is prepared for consultants undertaking career advice to electrical and electronics engineering students. The team of career advisers will benefit from my insider perspective for the profession to formulate career advice for students. My colleagues will find the report informative on the electrical and electronics engineering profession from both personal and academic perspectives. Purpose of Report This report presents professional career details, having received instructions to assist the delegation of career advisers from the Managing Director. Herein, the report presents information on electrical and electronics engineering from various angles of interpretation, relevant for the team to formulate career advice. The main part of the report highlights the relevant requirements as received from the instructions, with a focus on the profession. In the report, basic information acts as the main body giving different views on electrical and electronics engineering. The report cites various professional and academic sources to introduce an authoritative presentation on the profession. Career to be Researched The Managing Director of Career Consultants Incorporated allocated the task of providing insights based on my professional background. Incidentally, the report aims at providing information from which the team on career consultancy will formulate consultancy details for students making similar career choices. To this end, my personal input from a professional insider’s perspective makes an account of the profession for career advice. Sources In terms of the scope of professional career advice, the team of advisers will need deep detail on electrical and electronics engineering. To this end, the report relies on various authoritative sources of information on the career. Due to the opportunity of having trained as an electrical and electronics engineer, I found it relevant to include the given subtitles to highlight useful career considerations. Government organizations in the US and UK give credible sources of information on the national labor market for engineering. UK’s National Career Services and the US’s Bureau of Labor Statistics for instance give insights from two developed nations. Equally, insights of peer-reviewed opinion form part of the consulted academic resources to supplement government publications. Basic Information Definition Electrical and electronics engineering as a career entry position presents several work options. Apparently, professionals in this career take up the roles of two related fields of sensitive electronics and electrical designs. Principally, their work options entail formulating designs, construction, and maintenan
Introduction Religion is one of the paramount aspects of the human life in the whole planet earth. It usually is defined differently depending on the belief system that people follow. Theodore & Gabriel (2007) defines religion as any belief system concerning deity and which often involves ethical code, rituals as well as having a certain philosophy concerning life. Criteria for determining whether people are religious on earth It would be a profound shock if someone came from another planet. In order to establish whether people are religious, it would be appropriate to come up with an effective criterion. The criteria that I would use include belief in supernatural being, practicing of rituals, myths, social sacrifice as well as beliefs. Beliefs In the verge of establishing whether people are religious, it is very paramount that an individual evaluate people’s beliefs. Religion can be considered to be a way of thinking and it is often passed on through generations. People’s belief would serve as the best criterion for establishing people’s ascription to a particular religion. Most often, individuals believes in the existence of a deity. Generally, human beings forms religious beliefs as a philosophical system expressed through the way they construe their origin to have been, their purpose as well as destiny. All this revolves around the existence of a supernatural being that shapes people’s destiny. People explain their creation based on the religious views which they have been socialized to at their early stages of life. In most cases, people have their own beliefs that explain life after death. Individuals who believe that a deity is their maker are religious in nature and based on such beliefs, it is possible to find out whether they are religious (Daniel, 2006). Religious practices People’s practices as well as rituals are other criteria that I would use to determine whether they are religious
Introduction RingCentral is a business establishment that focuses on selling diverse software. The software is used in the running of businesses on the premises of cloud-based phone systems. Although the firm is headquartered in California, it operates outside the US in countries such as China, Ukraine, Philippines, and Russia. This paper discusses the advantages and disadvantages of using a cloud-based phone systems provider. Pros It is no doubt that cloud-based phone systems have many applications in the business world. However, it is important to analyze their benefits in order to determine the expected returns on investments. Five advantages are associated with the adoption of an efficient cloud-based phone systems provider. First, a firm would make significant cost savings by adopting the systems in its operations. With regard to the PBX system that is offered by RingCentral, it requires a relatively low investment when compared to traditional-based land lines for communication. For example, the PBX system could allow an individual to communicate at less expensive rates and reach more target customers per unit time. The cost savings are important because every business establishment aims at achieving considerable savings and maximizing profits. Second, the systems are easy to set up. Unlike the traditional landlines for communication that requires rerouting, the modern phone based systems offered by RingCentral do not require specialized wires for connecting to various destinations. This is essential because it implies that specialized knowledge about the systems is not required. Third, time saving is a great advantage associated with the cloud-based phone systems. Unlike the traditional systems that involve high maintenance and installation time, the modern approaches to communicating in business using phones are associated with low levels of maintenance and setting up. Thus, a considerable amount of time is saved, which could be used in accomplishing other business activities. Fourth, remote capabilities significantly increase flexibility of the systems. This is a contrast to the traditional strategies of communication, which could only support communication at specific locations, for example, a desk in the workplace. In fact, it is possible to link cloud-based software to ma
The article is obtained from Lehman Brothers company publications on human resource development and career opportunities. The name of the article is dubbed the Corporate General analyst program carried out in the United Kingdom. The article covers the personnel training process to attract and maintain talented human capital to cope up with the changing trends in the business environment (planning and recruiting). The program is a two-year period aimed at attracting the best human capital for the firm in Europe. The firm wants to train analysts to prepare itself for future changes in the financial industry and select a workforce to assist the existing force in executing jobs. As the firm embarks on the development of the new product to suit its clients, the program is aimed at “attracting, developing and keeping a pool of talented future leaders who can manage these products” (Lehman brothers). The firm has numerous divisions which offer different services to its clients. The firm is in the process of acquiring the best workforce to assist the team in this division in “delivering the best solution to its clients” (Lehman brothers). Training will continue for two years to ensure one develops to full potential and fulfill his careers ambitions. One would be prepared to cope with diverse challenges and various experiences of the “corporate environment that thrives in innovation and diverse cultures” (Lehman brothers). The program will be facilitated by managers who will be assigned to each analyst under the program. The manager will shed light on the analysts under incubation on the rotation and group placement process. He will also evaluate the analysts’ progress in career development and advancement. The rotation and placement process will see analysts hired and given the mandate to head a position in a certain group upon completion of the training program. These areas include; finance, operations, risk management, executive administration, advisory, and business information service. The qualified analyst will undergo an induction program, participating in seminars before being given any of the groups to head. Then he would go through a rotation process whereby: in three to eight months, one would have participated and explored all the groups. By the end of the eight months, the analyst will have familiarized with the different roles and functions of each group. Placement to various groups will be done after one has successfully completed training and will be done according to the analyst’s wish, i.e., where he prefers and according to the needs of each group. A review process will be carried out on the analyst’s performance to understand areas that require developmen
Introduction Sovereignty is supreme authority inferred upon a country or state that makes it immune to jurisdiction outside its boundaries. For sovereignty to be achieved a territory a nation-state must have an effective government that exercises independency from the influences of other governments of other nation-state (McNeely p.38). This paper discusses the notion of sovereignty as applied to nation-states. The paper first examines the definition and concepts of sovereignty and then explores the application of sovereignty in the contemporary world. This paper notes that sovereignty has been overly responsible for the relative peace stability and prosperity among nation-states; however, there is a new form of war that exists within territories of nation-states, among various nation-states, that is threatening their capacity to exercise authority hence, their sovereignty. Other than the internal threat to sovereignty, nation-states are also losing their classical form of sovereignty to emerging multinational corporations and international organizations that exercise their authority of decision-making beyond traditional territorial boundaries. Contemporary nation-states are no longer sovereign if the classical definition of sovereignty is considered. This paper therefore offers a brief analysis of the contemporary view of sovereignty. Classical Definition of Sovereignty Sovereignty is an idea of supremacy and depends on the expression of absolute supremacy to suffice. The idea has been in existence as long as the formation of state boundaries goes. It forms the essence of having state boundaries to differentiate a state’s sovereignty from another (R. H. Jackson ix). Sovereignty forms the epicentre of political and legal application of the world. Initial conception of sovereignty occurred during the controversies and wars that engulfed seventeenth-century Europe and has evolved and spread in the present world (R. H. Jackson ix). In the formation and organization of contemporary nation-states, state sovereignty forms the foundation. The sovereignty of the state follows opposite ideals from those followed by theocratic and transnational idea present in the medieval times such as the Latin Christendom. Sovereignty now extends across religions, cultures, languages, race and other divisions of humanity. With the advent of sovereignty as a global authority system, people can no longer live outside any jurisdiction of a sovereign state as was possible before the wide adoption of state sovereignty. Nation-state sovereignty is a political and legal of a state within a system that is recognized by other states. Origin of Sovereignty Kings and rulers, to respond to the circumstances facing their au
Introduction Some economic reports claim that the overall GDP growth rate has increased over the past few years, but my personal situation is much worse than it was at the time. Financial pressures are much higher now than they were in 2008. Additionally, prospects for improvement of the standard of living seem grimmer now than they were four years go. The situation An analyst known as Blodget (2) carried out an analysis of the economic situation in the country and found that, unlike 2008 where the economic growth rate was negative, the past three years have witnessed a drastic increase in gross domestic product. This rate has even been compared to the Bush era. Unemployment rates are at an all time low, so they are much lower than they were four years ago. Nonetheless, the analyst still maintains that the rate of increase has diminished even though it is still higher now than it was then. Blodget (8) also explains that the number of jobs in the country is increasing with time; he places greater emphasis on the positive growth rates in the private sector. He asserts that jobs are increasing at a rate of 100,000 jobs per month this year (2012), yet the country lost three quarters of a million jobs per month in 2008. Once again, he compares these growth rates to the ones that existed during the Bush era. The report shows that government expenditure has increased; although this has not increased at a rate that was as fast as Bush’s spending rates. Lastly, the analyst admits that the budget deficit is out of control now than it was four years ago (Friedman 9). He warns that if the government does not address it, then the country could enter into a crisis. Although the above mentioned statistics make it appear as though the standard of living is much better now than it was in 2008, the reality of my experience and many other people sharply contradicts these findings. Four years ago, it was possible to indulge in a few luxuries such as foreign trips. However, this is no longer possible today. The cost of ordinary items such as gas and household items has increased dramatically. It is now necessary to squeeze one’s budget in order to afford these basic necessities. The situation was not as severe as it was four years. These high expenses are indicative of the high rate of inflation in 2012. Four years ago, it seemed like a distant idea, but it appears to apply to more people now than it did then (“Public sector pensions” par 6). Health insurance is yet another problem that appears to have worsened now than in 2008. At the time, one’s employer was responsible for these payments. However, this is no longer true for me today. It is now necessary to cut down on daily expenses in order to reduce one’s health costs. Only the most serious conditions warrant attention now. Furthermore, insurance premiums have almost doubled over the past four years so it is difficult to maintain
COVID-19 pandemic outbreak is now the main threat to the world severely impacting all countries, including those in the Gulf Cooperation Council (GCC) alliance. Despite having more stable and more substantial economic than many other counties in the Arab world, GCC countries are now facing a dual strike following the recent drop in oil prices. The necessary preventive measures for a pandemic are having significant consequences for GCC states most dependent on imports. Even though GCC countries are implementing assertive actions to the spread of the epidemic, the economy of the whole region relying on oil export and tourism will be negatively impacted. In response to the crisis of the world pandemic, the government of GCC provided supportive measures for businesses to ease the impact on the economy. However, “the camel in the room remains oil,” as Saidi states in his article about coronavirus update in the Arabic world (Saidi, 2020). The oil-price war between Russia and Saudi Arabia has resulted in a significant price per barrel drop affecting economies worldwide. Since the start of 2020, the oil price lowered to 50%, which, together with the effects of the pandemic will cause budget deficits of 10-12% of GDP in all GCC countries (Saidi, 2020). It severely shattered the market, which in the conditions of the ongoing coronavirus crisis created negative economic consequences. According to Liangxiang (2020), in some of the GCC countries’ dependence on oil revenue is as high as 70%. Thus, oil-producing countries, despite attempts to make a shift in their economies for the past years, are mainly dependent on oil imports. It will lead to losing half of their revenue and influence global manufacturing and transportation on a large scale. Even though the members of GCC’s healthcare systems are more efficient than the rest of the world, the economic disruptions followed by the fall of oil prices can cut the financing of other public sectors. During the past decades, GCC countries have attracted millions of migrant workers, both laborers, and middle-class people. Most of their families rely on salaries and financial support from the jobs in the region (Liangxiang, 2020). These expatriate workers may complicate the GCC’s efforts to fight the pandemic since they increase the number of people vulnerable to the virus, thus growing the cost of treating the infected. Moreover, the affected economy may lead to significant financial losses and create the need for repatriation to the home countries of those workers. Since the laborers usually live in crowded conditions, they are the most susceptible population to the virus, which might create a faster spread of COVID-19 and social discontent. The necessary measurements and restrictions to minimize the spread of COVID-19 have a severe influence on the development of the second largest sector of the economy – tourism. All counties have suspended inbound flight operations, or, like Oman, refused the visa issuance for immigrants. Also, Saudi Arabia postponed the mass services in mosques as well as banned the Umrah pilgrimage performed by around two million Muslims each year (Ebrahim & M
Introduction: Involvement in the furniture industry firm’s objective internationalization strategy venturing into Egypt. Amnox is a private limited company which is located in Washington, US. The firm deals with designing and production of various furniture products. One of the products that the firm deals with is the designing and production of the couch which is a furniture designed for seating by an average of 2 to 4 people. Over the past few years, the firm has been successful in its operation within its domestic market by selling its products to both individual and institutional customers. The firm’s management team is committed towards attaining its profit maximization objective by increasing its sales revenue. Currently, the domestic market has become very competitive as a result of more domestic and foreign investors venturing the industry. Increase in the intensity of competition has posed a challenge to the firm’s objective to remain competitive in its domestic market. In an effort to attain its profit maximization and competitive objectives, the firm’s management team has considered evaluating a number of strategies. Through an extensive analysis of the best strategies, the firm’s management team has come to a consensus to incorporate the concept of internationalization through exportation. This will contribute towards the firm offsetting the cyclical nature of sales in its domestic market. The firm’s management team has settled at Egypt as its foreign market destination. In selecting the foreign market, the firm’s management team undertook a comprehensive market research to determine its feasibility. This paper entails an export business plan in relation to the couch. Product description synthetic leather couch use of top grain leather material   * The couches are also made from a variety of high quality fabric materials which are easy to clean.   * The leather and fabric materials used are of different colors in order to meet the market needs.   * A variety of artistic designs are also incorporated in the leather and fabric materials used to make the couch. In its operation, the firm’s management team is committed at ensuring that the consumers receive a high level of satisfaction. To attain this, the management ensures that quality is incorporat