Saturday, February 22, 2020

International business in focus Essay Example | Topics and Well Written Essays - 3000 words

International business in focus - Essay Example Section B: Identification of the Challenges Pestle Analysis Pestle Analysis will help in understanding the macro environmental issues (Lorat, 2009) Political The road tax has directly been linked to the total amount of emission and MOT (Merchant Over Time) has been increased. The Government has held a meeting with the automobile sector to decide about the rules and regulations related to this industry. Economic Presently the global recession has resulted in the financial crisis and has decreased the consumer purchasing power all over the world. Due to this crisis, Mercedes and various other car manufacturers are finding it difficult in increasing the revenue and profit of the companies. It has even resulted in the closure of plants by many automobile manufacturers. In this global crisis, the exchange rate between Euro and pound has resulted in high price of the cars in United Kingdom. This has decreased the sales of the company even more. Social The social environment can mainly be c ategorized into the following categories: a) Age, b) Gender, c) Income. Mercedes products have been mainly targeted for the middle aged customers. The products are not popular to that extent among the youngsters because of high price of the cars. The overall high expenditure related to the Mercedes products is the reason behind targeting the middle and high income people. As the products do not offer different range of prices starting from high price to low price for covering all classes of the society, the products do not target low income consumers. In the present situation of economic recession, this strategy is creating various challenges for the company. Technological Mercedes adds advanced technological details like air bags, shatter proof windscreens, crumple zones, collapsible steering columns etc. Use of these technologies has allowed the company in manufacturing safer cars. The plant efficiency is increasing with time. Various new production methods have been introduced fo r improving the efficiency. The facility of e-commerce and Gizmos has helped in upgrading the technology advancement. Environmental The European Union has planned to bring a new legislation which states that the average carbon dioxide emitted from the European cars must not exceed 130 g/km by the year 2015. This might be a reason of increasing concern for the company. Legal The company has maintained good relationship with the government by following the legal framework of the country. The imposition of higher tax might increase the threat of the company. Porter’s Five Forces The industry analysis of Mercedes Benz will help in understand the competitive intensity in the automobile industry (Porter, 1980; 1985; Ahlstorm and Bruton, 2009) 1) Rivalry among the existing firms The rivalry among the companies in the market where Mercedes is operating is intense. The big competitors of Mercedes Benz are BMW, AUDI, JAGUAR, ALFA ROMEO, ASTON MARTIN. Thus all big players provide their best offerings to the customers to seek their attraction. The increased rivalry has resulted in all these firms producing similar types of products, and expanding their operations into other segments like offering financial services, various alcoholic products etc. Thus the rivalry from the existing firms is very high. 2) Threat of new entrants Presently the threat of new entrants is low in the market segment where Mercedes Benz is performing its business operations. This might be because of the

Thursday, February 6, 2020

Capital Punishment Essay Example | Topics and Well Written Essays - 1000 words

Capital Punishment - Essay Example The Magisterium is the means of educating people or individuals about the Divine truths written within the Sacred Scriptures which is the divine Word of God. The Magisterium is associated with the Sacred Tradition and is regarded as the â€Å"unwritten truths† about faith and morals which can normally be expressed by the faithful in words. However, the Sacred Tradition cannot be actually based on any written or spoken words – so they are referred to as the unwritten truths that are usually used in the administration of the Magisterium; where teachings from the Sacred Scriptures are done (Conte). The last aspect often linked to the matter of capital punishment or the death penalty is Human Reason. Human reason is what separates a person from lower forms of animals because human beings possess a level of intelligence that motivates them to discover and explain salient issues, which eventually leads to the understanding of important matters. Although such characteristics a re often restricted when it comes to expressing opinions regarding religious views and truths (wordiQ.com). Capital punishment has always been debated upon but those who are for and against its imposition on individuals who have committed unspeakable crimes like murder and rape. The grounds of the arguments are often centered on the Holy Bible which contains the Sacred Scriptures, and the life and teachings of Jesus Christ. Since the Sacred Scriptures are the basis of performing the Magisterium and discussing the Sacred Tradition it can be said that the Holy Bible as a whole is a reliable source for the Church to tolerate the capital punishment meted out by any State or government for dreadful crimes. Since Church leaders are normally bound to adhere to the Sacred Scriptures and Sacred Traditions. Accordingly, the Magisterium has never expressly supported the idea of abolishing capital punishment, but neither does it specify in any way that using it is necessarily required and shoul d only be implemented rarely because respect for all human life is a must. This means that even the most hardened criminal whom we see as lower than any animal must be given human dignity despite his or her deeds; and should be given the chance to repent and turn over a new leaf (Pope). In support of the foregoing, the teachings of Jesus Christ and His way of life, as also portrayed in the Holy Bible contradicts the toleration of killing or taking away of life in exchange for serious offenses. This is likewise stated in the Sixth Commandment which states that â€Å"thou shall not kill†, which is the foundation of argument for those who are against capital punishment. In light of this the Magisterium makes it clear that capital punishment should only be implemented or equated to the crimes committed; and that the State or the government â€Å"does not act on its own authority but as an agent of God – who gives and takes away life† as per the Sacred Scripture. Rel evant to this issue, Dulles presents the four goals of why punishment is in place for identified crimes committed against a person and the society in general, which are as follows: rehabilitation, defense against the criminal, deterrence and retribution. The first objective of punishment is rehabilitation. In order for somebody to recuperate or recover from a serious misdeed, he or she must be given the chan