How Global Corporations Affect National Economies Essay Example for Free

How Global Corporations Affect National Economies Essay The growing size of the Multinational Companies around the world; their global operations and financial practices pose some serious questions about the implementation of best practices that do justice to everyone, including the countries with less developed economies, where many of these corporations operate. Global Corporations may create problems regarding the national balance of accounts. Every company operates globally, to maximize its profits and pay less tax. To gain the optimum advantage, they follow accounting practices that contravene the domestic ones, used within the countries where they operate. For example, corporations charge their own internal transactions and present them as expenditure. This matter has evolved in such a way, that today, global corporations are the winners, and most of the times the countries where they operate are the losers. Multinational Corporations and the Distribution of Income There is an increasing tendency among multinational corporations to transfer their intangible assets to non-domestic associates. These foreign affiliates are created for a unique purpose: to gain a larger share of their profits, by reducing operational costs. Many international businesses transfer their operations like production and services to the countries where the tax rates are lower, compared to their mother country, where the parent company has its headquarters. According to OECD Statistics, that researchers have performed, there is a remarkable growth in the transfer of all these intangible assets from 13 percent to 37 percent in a period of 28 years, from 1983 to 2011. Corporations continuously pursue the policy of getting tax benefits and find different means to get benefited by lower tax rates in the countries where the affiliates are located. They keep their main focus on increasing their profits and showing incomes in the countries where there are lower tax rates applied. They do this by transferring their intangible assets, interposing their operations, producing more in the countries where they pay lower taxes. They also tend to shift their manufacturing units to offshore locations, in low tax and cheap labor countries. They also make changes and make an affiliate into an owner and an owner into an affiliate. Naturally, an affiliate in the low tax country becomes the parent company leading to many structural changes in the entire organization and therefore, influencing business in their host countries. According to authors such as John Dunning, the ultimate result of all these activities reflects in showing a recorded low Gross Domestic Product where the tax rates are high and making the recorded Gross Domestic Product higher in the low tax countries. The raise in the lower tax countries is shown as a relative growth.

Evil Personas in Dr. Jekyll and Mr. Hyde by Robert Louis Stevenson Essa

Evil Personas in Dr. Jekyll and Mr. Hyde by Robert Louis Stevenson Some believe that every individual has an evil persona trapped inside that is just waiting to get out! This may be true for some but it may also just be another excuse for one to commit evil deeds. In the novel Dr. Jekyll and Mr. Hyde, written by Robert Louis Stevenson, a prominent doctor (Dr. Jekyll) conducts a scientific experiment in which he compounds a certain mixture he consumes and transforms into an ugly, repulsive creature (Mr. Hyde), representing the pure evil that exists within him. This novel is truly an astonishing piece of literature that consists of many components that make it a marvelous piece of literature. Not only is the symbolism fascinating and intriguing, the literary word puns are very ironic and makes the novel interesting. Dr. Jekyll believed that at least two different entities occupy a person’s body. His scientific knowledge led him to believe that he could isolate and separate the two separate components. Originally, the ultimate aim of Dr. Jekyll’s experiment was to discover his evil nature and isolate or reject it. But he became fascinated with this evil side of his nature because Hyde was more â€Å"free† and was able to satisfy all of Jekyll’s evil desires. Jekyll had once been â€Å"free† when he was younger, and able to do anything he pleased. All of this changed when he tried to portray the image of a light-hearted, good-natured person so he â€Å"hydes† his evil pleasures. He states in his confession letter, â€Å"†¦my medical studies began to increasingly focus on the origins and dimension of this phenomenon of duality. This investigation of course, bordered on the mystical and the transcendental, but only these disciplines co... ...e cleverly says, â€Å"If he be Mr. Hyde†¦.I shall be Mr. Seek†. Throughout the whole novel, he will travel on his journey to seek Mr. Hyde, who is hidden beneath Dr, Jekyll. Hyde and Jekyll were exact opposites of eachother, symbolizing the good and the evil. Although Utterson and Enfield are complete opposites, they can still get along. The word puns in the novel make it ironic and very appealing. Dr. Jekyll’s theory of the duality of man’s nature proves to be true with the existence of the infamous Mr. Hyde. This theory can be applied to reality too, because at times, humans tend to have an evil side, but never really show it. This novel, for me, has been very educational and interesting. The two reasons that make this book enjoyable is the theme that is understandable, the intense irony, and the word puns. These components are crucial in making a novel appealing.

Distribution At American Airlines Essay

American Airlines is a major United States airline. It was formed in 1930 as a passenger airline and merged with different carriers since its formation. American Airlines’ operations grew rapidly after World War II. In 1921, American‘s corporate predecessor had only five small airplanes for transporting airmail. In 1946, American ordered 220 new planes. 1952 – American introduced the Magnetronic ― â€Å"Reservisor†, a mechanical console installed on each desk to help automate inventory control. The Reservisor offered major productivity improvements: A trial in the Boston reservations office served an additional 200 passengers daily, with 20 fewer reservations staff. American and IBM collaborated on the design of an improved inventory management system, ultimately called the Semi-Automated Business Reservations Environment (SABRE). IBM provided the hardware, while American and IBM jointly built the software. The initial investment was comparable to half a dozen Boeing 707 jet airplanes. Competitors make their own distribution system and later, certain circumstances open the industry to Global Distribution System allowing AA’s own system to be access by those customers of competitors. TIME CONTEXT In year 2006, when American Airlines faced the impending expiration of its three-year contract with its four then existing GDS. POINT OF VIEW Lead negotiator Charlie Sultan and co-lead negotiator Chris Degroot. STATEMENT OF THE PROBLEM American Airlines was unable to shoulder the fees set by GDS due to struggled with fuel prices and increased competition from new entrants. OBJECTIVES Must: To continue attending to customers’ requirements as well as preserving the relationship with travel agents. To maintain easiness in accessing American Airlines’ services through supporting their existing GDS. To overcome possible threats brought by the changing environment (fuel prices and new airline entrants). Wants: To become the leader company in airline industry. To obtain more profit intended for supporting the database services and other related activity. To preserve the trust given to them by their customers as well as their partner travel agencies. AREAS OF CONSIDERATION (SWOT ANALYSIS) Strengths One of the pioneer airlines to have an electronic distribution system (SABRE). Expertise in airline industry proven by their years of operation overcoming past challenges, Weaknesses Unable to maintain their existing GDS (Global Distribution System) when it comes to its expenses. Not able to anticipate future problems. Opportunities Since they already collaborated with IBM with their SABRE and obtained knowledge in software development, they may expand their business of having an integrated airline services and engage in developing software. Opportunities for growth in the industry. Threats The implementation of Source Premium policy may result to travel agencies’ switching to other airlines. Possible new entrants in the airline industry might be more technology-based and modern allowing American Airlines’ existing customers to consider switching services from them. ALTERNATIVE COURSE OF ACTION ACA#1 – Limiting American Airline GDS Involvement to One. This will enable AA to focus into one GDA only while taking actions into garnering solutions for acquiring funds in supporting the remaining GDS. For the meantime, while AA resolves the insufficiency, the company may not be able to sacrifice the  relationship with its travel agents. ACA#2 – Pushing the Idea of Source Premium Policy. Although the risk will be losing of referrals with travel agencies, the idea is still essential. It is letting the travel agency subscribing to AA shoulder the excess charges set by GDS. Travel agencies, anyway, may pass the charges to customers who is willing fully accept AA’s policy. ACA#3 – Partnerships with Existing and Well-Known Travel Agencies. This will strengthen the relationship between AA and travel agencies and create a mutual understanding. AA’s experience through the years could guarantee the travel agency a continuous growth of the industry. On th e other hand, the travel agency could put trust to AA and be able to work for AA’s continue offering of services. RECOMMENDATION The student recommends ACA#3 Partnerships with Existing and Well-Known Travel Agencies. ACTION PLAN In doing the recommended alternative course of action, the following actions should be fully implemented effectively. 1. Create a plan for the possible business structure that may arise. That may include blueprint on how will be a partnership being structured. 2. Make a draft of possible guidelines on both parties in partnerships. The conditions should include mutual benefit. 3. Seeking of trusted and well-known travel agencies and doing a background check on the prospects. 4. Conducting a meeting with the travel agencies that has been chosen. In a meeting, AA should effectively persuade the agency, stating the mutual benefit. 5. AA should allow the agency to revised or add on the guidelines in setting the conditions for he partnership. 6. Agreeing party should also consider the existing AA business policy. AA should also give a favorable condition to the agencies. 7. Executing the planned structure in the business with the official travel agency partners.

Americas Dropping the Bomb on Hiroshima - 714 Words

Explain why America dropped the bomb on the city of Hiroshima and describe the effects of the bombing? America had an allied victory over the Germans but the war was still continuing in the pacific so the Americans decided drop the atomic bomb on Hiroshima causing mass destruction, but how did the scientists know that it would work and if it worked how it would get to Hiroshima? Once they dropped the bomb what would happen to the targeted area and did America even think of the repercussions of their actions in the short term and in the long term. Planning to end the war before it was over started when American scientists were recruited to produce the world’s first atomic bomb used as a weapon in 1939 in the secrecy of the Manhattan city centre. When making the bomb Uranium 235 was used as its critical mass with it being projected by a 76.2 mm naval gun, along with its casing gave the bomb an overall weight of four metric tons. When detonated a piece of the uranium was shot at another piece creating an explosion equivalent of 13 kilotons of TNT. The project was nearing completion when the president, Harry Truman had been given word that the Germans were also attempting to build their own atomic bomb, this made the American scientists worry that they might not be able to test the bomb, as it was not 100 percent complete, but soon after the word was given the Germans surrendered so the pressure was off America and they also knew that Japan did not have the materials to makeShow MoreRelatedThe Atomic Bomb Is Not A Military Necessity1210 Words   |  5 Pagesrevered American generals, Leahy, Macarthur, and Eisenhower, stated the dropping of the atomic bomb â€Å"was not a military necessity.† Japan was already struggling greatly to maintain itself, and they felt that it would fall soon. 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As the Allied Powers (mainly the United States, Britain, and the Soviet Union) and the Axis Powers (Germany, Italy, and Japan) wereRead MoreThe Atomic Bombs in Japan1373 Words   |  6 PagesOn August 6th, 1945, the United States dropped an atomic bomb on the Japanese city of Hiroshima without any precedent. The explosion viciously destroyed four square miles of the city and killed 90,000 and injured 40,000. (Weber, â€Å"Was Hiroshima Necessary?†) Three days later, a second atomic bomb stroked the city of Nagasaki which killed approximately 37,000 people and injured 43,000 (Weber, â€Å"Was Hiroshima Necessary?†). These actions of the United States still remain controversial today and the UnitedRead More Decisions to Drop the Bombs on Japan Essay872 Words   |  4 PagesDecisions to Drop the Bombs on Japan War in itself is an atrocity, to kill or be killed in the name of whatever government chooses to go to war over. Taking lives in order to save lives is the most outrageous oxymoron ever heard, yet during the end of WWII taking the lives of Japanese people saved America from fighting on home soil. Many factors play a role in the final decision to drop the atomic warheads on Americas enemy, yet in the end after all is said and done America was simply defendingRead MoreHiroshima Book Review Essay887 Words   |  4 Pagesnarrative, Hiroshima focuses on the detonation of the atomic bomb, Little Boy, that dropped on the city of Hiroshima on August 6, 1945. Although over one hundred thousand people died in the dropping of the bomb, there were also several survivors. John Hersey travelled to Hiroshima to listen to the experiences of six survivors. Hersey uses his book to tell the story of six of these survivors (spanning from the morning the bomb fell to forty years later) through a compila tion of interviews. Hiroshima demonstrates