International Trade and Business Essay Example | Topics and Well Written Essays - 1250 words

International Trade and Business - Essay Example In developed countries multinational companies are likely to face consumers who have a large disposable income and therefore consumers are more concerned about the quality and not the price, in other developing countries consumers are more concerned about the price and quantity. Different countries have their own standards set by governments and even the consumers, example a multinational company aimed at producing food stuffs may be required to provide its production formula to the authorities in order for them to determine whether such products are fit, an example is the venture of coca cola company into India where the company was supposed to provide information about the formula used to make the drinks, the company declined and its rival Pepsi provided its formula and entered the market, however the authorities later announced that Pepsi contained harmful substances that were used in making pesticides. From this example therefore it shows the extent of the problem faced by a multinational company due to the cultural differences. The government may also have a different culture and policy whereby the firm may be required to hire workers from the host country and not import its own workers from abroad, this posses a problem due to the existence of differing labour laws and movements, the available labour may also not be as efficient and may not be as productive and therefore the problem of inefficiency may arise due to these policies by the government. Language differences: A multinational company may face language barriers whereby there may be a language used in the host country may differ from their native language, this may pose a problem whereby the company may incur expenses hiring interpreters in the host country. Other differences may be the use of colour in their products where some products may be rejected in the bases of colours that may signify certain feelings about a product. All these should be taken into consideration before initiating any investment. Individualism and collectivism: Individualism refers to the existence of very weak ties between the individual and other members in the society, collectivism refers to a situation where there are strong ties between the individual and the other members of the society, multinational companies face these cultural difference because in cases where the society is characterised by collectivism people who are born in the same family are strongly integrated which protect them for the exchange for continuing loyalty,

Article on an international homeland security issue to review Assignment

Article on an international homeland security issue to review - Assignment Example es done by the attack and ensure a quick and full recovery from the trauma while still figuring out ways of preventing the repetition of such attacks. One of the most feared terrorist groups that threaten the United States is the Al- Qaeda group. The group is made up of terrorists mostly from the Middle East that is mostly Muslims with the claim that what they do is the call of Allah, their God. The group was formed around the year 1988 with Osama Bin Laden as the major founder. The group works as a network that has many armies in different countries all over the world under small subdivisions and hence it is not very easy to intercept their communications. Their first major and shocking attack that was felt throughout the world was their attack on the twin towers in the United States of America back in 2001. The attack left scores of people dead and others wounded and this is what made the United States acknowledge the importance of the department of homeland security. Characteristics that make the group stand out from the rest are its suicide attacks. The group beliefs in the utter completion of a mission failure to which, their life is of no use. The group does not believe in hell. The group is of the notion that after their death, they go to heaven and meet Allah waiting for them with the 40 virgins that they are promised. The Al-Qaeda group believes in complete allegiance to the rules that are offered by their leaders without any questions asked. This is for the assurance of their families’ safekeeping and ensuring that they carry out their tasks to the prime of their capabilities, (Bruno 2011). The organization of the group has most of the times been described as being centralized when it comes to decision making but however, the ideology changes to decentralization when it comes to the execution of the decisions made. Experts in the field have argued that the group has over the years broken down into smaller groups that are no longer affiliated with the