Intercultural Employee Motivation And Rewards - 2028 Words

B673I A03: M3 Assignment 2 Syed M. Kazmi Argosy University Professor: Dr. David Rall Module 3: Assignment 2 – Intercultural Employee Motivation and Rewards March 11, 2015 According to (Olve, Roy and Wetter , 1999), it is important to understand motivation and cultural influences to define reward system. It is essentials for a meaningful and measurable reward system to motivate employees and to provide opportunities for professional development. Meaningful reward system is a prospect for management to highlight the accomplishment during the specific time period. It is essential to understand the perception triggered by culture, generation gap, and exposure individual might have to comprehend the reason behind reward system. (Olve et al., 1999) argue that reward system ought to be measured based on good intention and work shown by an employee during specific time period at the current position. The organizational culture and diverse work force impose some challenges for mangers to select the right form of reward system. The objectives and goals should be measurable and on clearly defined expectations by supervisor and human resources. The ratings for e ach objective in performance appraisal should narrate conclusive and measureable results. Baron (2000) argues that within performance based reward system the anticipated developmental goals should be based on the expected needs of employee and organization. This portion of the performance appraisal highlightsShow MoreRelatedIntercultural Communication Shares Information Across Diverse Groups and Cultures827 Words   |  3 PagesThe term intercultural communication refers to a type of communication that is aiming at sharing information across diverse social groups and cultures. In general, intercultural communication describes wide range of communication processes that are naturally occurring in organizations which are made up of individuals who are from different backgrounds. Today’s world has been characterized by increased communication between different people around the world resulting to establishment of contractsRead MoreCoca Cola Human Resources Suggestions Essay1612 Words   |  7 Pagesemployers in the world, it would be complex for Coca-Cola to manage t he human resources. Hence, our firm has some suggestions to help Coca-Cola improve the human resources management and solve the problems they may be faced with, such as coordinating intercultural differences, enhancing employees’ performance, and improving high-quality employees. By following these suggestions, Coca-Cola will not only improve the employees’ productivity, but also increase harmony between employees and company. Also, byRead MoreCase Study : Mcdonald s Company4951 Words   |  20 PagesCourse: Date: McDonald case study Introduction McDonalds was first incorporated in the year 1955 in USA with a single restaurant. Currently, McDonald has transformed to be the biggest and the fastest growing in the industry of fast food services (Employee handbook, 18). The corporation sales are now at a staggering $30 billion an year contributed by the 21,000 stores that are located across 101 different nations around the world. The success of the corporation has been as a result of a great contributionRead MoreManaging Motivation at Technocraft1365 Words   |  6 PagesManaging Motivation at Technocraft Lea Darrigade Ines Gyselinck Mary Sagala Benjamin Seban Intercultural Management BS 1 Christophoros Lambridis I. Introduction This report talks about the working motivational problem shown by the workers in a small factory named Technocraft, located in the South East of England. It had slowed down the company’s function in producing high-quality sound recording equipment. The problem has risen to high labor turnover and difficulties in recruitingRead MoreOrganizational Change Scenario Analysis On Human Resource Management Strategies1970 Words   |  8 Pagesundertake the training on intercultural communication within the 12 months period. †¢ The 5 managers will go without their families as it is assumed that their wives and children are in UK schools. †¢ The salary of the Delhi employees would be paid on a monthly basis as determined by the managers †¢ The employees from Delhi are promoted once in every Five (5) years †¢ The Whistleblowing policy is encouraged within the workforce to report any case of theft and unethical behaviours. †¢ Rewards are given to whistleblowersRead MoreMass Merger - the Case of Aon Singapore1964 Words   |  8 Pagesis then obvious that intercultural issues have to be solved. In this case, we are going to talk about the Aon Singapore Merger process. The Aon group is an American insurance services holding company. In the 90s, Aon acquired several insurance brokerage firms and entered an unprecedented merger process. Indeed, the group decided to get all the companies they acquired to operate together under the Aon name, in Singapore. That is why they had to face and manage intercultural issues. What are theseRead MoreIdentification Of Challenges Within Lanx Delhi Essay2062 Words   |  9 Pageswould find it difficult at the initial stage to communicate with Delhi employees. Diversity will bring about an improved performance by reducing the cost of communication between Lanx and its customers and this is because there is a well-matched employee and consumer demographics (Leonard et at., 2004). Diversity can help to create an enabling environment to increase profit where community wealth and long lasting customer network is built (Cole, 2005). 2.2.4 Approaches to handling Diversity ChallengesRead MoreWorking in International Teams Essay3417 Words   |  14 Pagesbuilding†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 1. The international team†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 2. Effectiveness of the team work†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 2. Leadership†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 3. Motivation in intercultural teams†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...7 1. Practices and theories of motivation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..7 2. Successful motivation in multicultural team†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..8 4. Miscommunication in an international team†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...9 4. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 5. References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...12 Read MoreEffective Cross Cultural Methods in Managing an Internaional Team3236 Words   |  13 Pagesbusiness and of course in personal life, it is very typical for Mexicans overlapping relationships with the employees and the boss or staff among themselves in the personal areas. This personal experiences with these illustrate the article from Intercultural Management Guide where the Mexican business culture is described like strongly built on interpersonal relationships. In Mexico it is very common to inquire about personal background, family and interests. And the thing which is really surprisingRead MoreThe Theory Of Management And Management1690 Words   |  7 Pageschanging world. Motivation of need and want are continuously changing in this rapidly world, manager are need to require to understand and identify what employees requirement and satisfaction level in 21st century, thus by recruiting the right person to the right spot manager will need to involves excellence and appropriate leadership skills, furthermore managers nowadays offer employees various rewards of motivation showing that they will embraced the primary factor of motivation â€Å"their pocket paper†

Essay on Alarm Fatigue - 1647 Words

Alarm Fatigue Alarm fatigue is a growing national problem within the health care industry that links medical technology as a serious hazard that poses a significant threat to patient safety within hospitals across the country. Alarm fatigue occurs when nurses encounter an overwhelming amount of alarms thus becoming desensitized to the firing alarms. Alarm desensitization is a multifaceted issue that is related to the number of alarming medical devices, a high false alarm rate, and the lack of alarm standardization in hospitals today (Cvach, 2012). Desensitization can lead to delayed response times, alarms silenced or turned off, or alarms adjusted to unsafe limits, which can create a dangerous situation for the patient. Alarm fatigue†¦show more content†¦378). Hospitals have an array of medical devices at the bedside that have alarms, which have grown significantly within recent years. Nurses may be exposed to over 350 physiologic alarm monitors per day, resulting in s ensory overload thus leading to desensitization. When the alarm sounds it should be corrected immediately, even though it may be a false alarm or no issues with the patient. The Joint Commission has identified alarm fatigue as a 2014 National Patient Safety Goal, requiring hospitals â€Å"to establish improvement of alarm system safety as an organization priority† (as cited in Horkan, 2014, p. 83). Alarms are deliberately designed for high sensitivity so that nurses do not miss a true event. Firing alarms are usually muted, disabled or ignored by nurses altogether because alarms are viewed as a nuisance. Alarm hazards have generated national attention, in one highly publicized case an alarm sounded for 75 minutes before a nurse responded to a patient’s heart monitor that needed a battery replaced. When the nurse finally went to change the battery the patient was found unresponsive and could not be resuscitated because he had gone into cardiac arrest (Sendelbach Fu nk, 2013). The patient’s heart monitor battery eventually died and did not issue the critical alarm alert. In another event, a patient fell getting out of bed and bleed to death because the nurseShow MoreRelatedAlarm Anxiety Of Alarm Fatigue1361 Words   |  6 Pagescombat safety issues is by using different alarm systems to alert staff to issues in patient rooms. The many different alarms can be beneficial but can also cause a phenomenon that is referred to as alarm fatigue. Alarm fatigue is defined as a condition of sensory overload for staff members who are exposed to an excessive number of alarms (Blake, 2014). It is a national problem and the number one medical device technology hazard in 2012. The problem of alarm desensitization is multifaceted and couldRead MoreAlarm Fatigue : A Critical Problem1206 Words   |  5 Pages Alarm fatigue is a critical problem in health care setting. Nurses may not respond to alarms because they know that most of them are false or non-actionable. Sometimes, the alarms become the noises that nurses no longer hear because they are heard all the time. In addition to ignore alarms, nurses may also reduce audible alarm levels, change alarm limits, and inappropriately silence or deactivate alarms (Cvach, 2012). The alarm fatigue has led to sentinel events and deaths of patientsRead MorePlan of Action: Monitor and Alarm Fatigue1968 Words   |  8 PagesMonitor fatigue has been an issue ever since the technology to monitor patients was developed. The problem has gotten worse as technology has advanced and the number of alarms in the hospital increased. The average ICU has â€Å"over 40 different alarms† (Sendelbach Jepsen, 2013). Monitor fatigue is related to any type of monitoring device used in the hospital making the scope of the problem rather large as monitors r ange from bed alarms to telemetry monitors. In June 2013 the Joint Commission approvedRead MoreThe Importance Of Alarm Fatigue And Its Effects On The Number Of False And Non Actionable Alarms1902 Words   |  8 Pagestraditional education had a greater impact on the number of false and non-actionable alarms over presenting education in an online educational format. Evidence supports that alarm fatigue is a nursing problem that puts patients at risk for ham. Reducing the number of nuisance alarms decreases the occurrence of alarm fatigue among registered nurses. Evidence also supports patient harm is lessened when alarm fatigue is reduced (Sendelbach, S., Funk, M. 2013). Nurses are ethically obligated to reduceRead Moremonitor alarm fatigue Essay1248 Words   |  5 PagesMonitor Alarm Fatigue Courtney Conner University of South Alabama Strategies to Reduce Monitor Alarm Fatigue Monitor alarms are designed to alert caregivers to changes in a patient’s condition and can save lives, but majority of the alarms do not require clinical intervention. However, as the number of alarms encountered by clinicians on a daily basis rises, it has become difficult for caregivers to distinguish between clinically significant alarms and nuisance alarms. As a result, alarm fatigue hasRead MoreAlarm Fatigue : A Critical Patient Safety Alert1362 Words   |  6 Pagespatient safety hazard known as â€Å"alarm fatigue†. Alarm fatigue occurs when caregivers are desensitized by the frequent sounding of competing alarms from medical equipment, and other sources in a healthcare setting. Clinical alarms can be unintentionally overlooked as background noise, and drown out actionable warning signs that require vital clinical interventions. These alarm safety issues have led to unfavorable and, at times, even fatal patient outcomes. Alarm fatigue is a complex and multi-facetedRead MoreAlarm Fatigue : A Worldwide Professional Organization Essay967 Words   |  4 PagesAlarm fatigue was brought into the spotlight in recent years because of adverse patient outcomes. These sentinel events triggered the Joint Commission to make alarm safety a goal in 2014, and mandating policies and procedures to be in place by 2016 for better monitoring and observance of alarms. I decided to highlight this topic since a large part of a critical care nurse’s daily routine is silencing alarms for monitors, pumps, ventilators, beds and call lights. In my personal experience inappropriatelyRead MoreA Short Note On Alarm Fatigue And Alarm Management993 Words   |  4 Pagesthat one methodology of educating the registered nurses to alarm fatigue and alarm management will be more effective over the other in reducing the number of false and non-actionable alarms. The expectation is to determine which educational methodology, onlin e or traditional, will have a greater impact on the alarm management behavior of the nursing staff in the cardiac intensive care unit. This will be evident if the number of nuisance alarms are affected by one or the other educational methodologyRead MoreAlarm Fatigue: A Concept Analysis2650 Words   |  11 Pages Alarm Fatigue in Health Care: A Concept Analysis Chamberlain College of Nursing NR-501: Theoretical Basis for Advanced Nursing Practice Alarm Fatigue in Health Care: A Concept Analysis Alarm fatigue in health care has grown to be an ever-growing concern in the health care arena, especially when looking at patient safety concerns. There must be an understanding of the problem before we can develop policies and effective strategies to counter this problem. The concept of alarm fatigue in healthRead More Alarm Fatigue and its Effects on Quality Patient Care Essay1951 Words   |  8 Pagescontinuously assess the patients’ status, and alarm if the patients’ status drops below what is considered normal. The increased use of monitoring devices has created a new phenomenon known as alarm fatigue. According to the ECRI institute (2011), â€Å"alarm fatigue occurs when the sheer number of alarms overwhelms staff and they become desensitized to the alarms resulting in delayed alarm response and missed alarms-often resulting in patient harm or even death.† Alarm fatigue has become a major problem within

The Bush Administrations Middle East Policies free essay sample

A discussion on George Bushs foreign policy in the Middle East. A paper discussing the Bush Administrations Middle East Policies in the light of the recent comment by Joseph Nye regarding extremism. The author of the paper argues that the U.S. needs to steer a cautious and well-thought out Middle East Policy in the aftermath of the war in Afghanistan and its declared war against terrorism. He continues that in the ongoing standoff between Sharons Israel and the Palestinians, the continued U.S. tilt towards Israel and dithering towards exerting its influence to restrain Israel from excessive use of force, is not going to help either the establishment of peace in the Middle East or its anti-terrorism crusade. `Joseph Nyes warning comes at an appropriate time. He has a point because in the Middle East, and the Third World in general, the US Policy in the Middle East is viewed as arrogant and overbearing. We will write a custom essay sample on The Bush Administrations Middle East Policies or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Israel has not let go of the West Bank, Golan Heights and Gaza that it occupied in the 1967 war, on the excuse that that they are essential for its security, and kept them under military occupation ever since and built settlements on land that rightfully belongs to the Palestinians. It has not implemented the Oslo Accord meant to allow the Palestinian Authority to govern these areas. The real reason for the control of these lands by Israel is its right-wingers obsession to claim these areas under the justification that the land belonged to them in biblical times. This argument is so dangerous and can unleash unlimited wars in the world if it is universalized.`

Cultural Representations of Social Class free essay sample

Social Stratification Cultural Representations of Social Class Melba Theodis Grantham University 15 November 2011 Abstract This essay will touch on the ways that culture is related to social class with the impact on identity and pride within the specific social classes. I will also describe how culture helps keep others outside of a specific social class. We will explore how culture reproduces social class from generation to generation. Social class is represented in the food we eat, the clothes we wear, where we shop and even the types of interests we have. This essay will attempt to cross the barriers of society and explain the differences in our lives, our communities, and the world. Social Stratification Cultural Representations of Social Class Social stratification is an important area of research in sociology. Social stratification is a concept of class that groups people into separate categories based on shared socio-economic conditions. It is based on a hierarchy of ranking people who have access to valued resources of society that include: property, prestige, power and status. The differences have caused segregation even still as they are based on wealth, access to resources and a certain amount of power over others. For this reason, and because sociologists are generally concerned with social justice, stratification of society continues to elicit many theories, research studies, and social action in the field. Is it safe to assume that not all people are created equal? Having resources can mean the difference between life and death. While I like to believe that all people are offered the same opportunities as others, there are cultural differences that are impossible to ignore. Social class is represented in the clothes we wear, the vacations we go on, the houses we live in, the friends we surround ourselves with and the list goes on and on. There are 4 general social classes which are: upper, middle, working and lower class. Social class is a category of people who have similar standing or ranking in a society based on wealth, education, power, prestige, and other valued resources. The upper class individuals are an elite group of people that have more than likely inherited their wealth. In what we call â€Å"old money†, this is something that these people were born into or had passed down to them through generations. There is also a term that we site called â€Å"new money† and this term is used for all those who have worked hard to make a name for themselves also fitting in the social class of being in the upper class social arena. The middle class individuals are more diverse in which they live off of their earned income rather than their accumulated wealth. These are your managers and professionals who have obtained an education and are in supervisory positions. The working class is a group of individuals that are not in the supervisory positions, and consist of the skilled laborers and other blue collared workers that work as truck drivers, mechanics, carpenters and electricians. The lower class individuals are those who are living on the poverty line. They have very little education, few occupational skills and are most times unemployed. Culture consists of norms, beliefs and values. Culture keeps others outside of a specific social class from entering. It is also a way that people within specific cultures can identify with those within and outside their class. Culture related to social class has an impact on identity and pride within specific social classes because of what is the norm for that culture. For instance, some people that live in low income housing (the projects) don’t strive to do better to get out of the projects because this is the norm for them. Families over time have grown up and raised families in these housing projects and have grown accustomed to the way of life they have lived. For some people it is a part of their identity and you can tell. This is how culture reproduces social class from generation to generation and thus the reason some people stay in the same social class from which they were born. Culture keeps others outside of a specific social class because people within a specific class identify with each other. Take for instance a group of elites that have inherited their money and a group of upper middle class individuals who work to earn their living; the elites with their Ivy League schools (Princeton, Yale, Cornell, Harvard, and Cambridge) and their â€Å"name† have more in common with each other so to speak, whereas the middle class individuals that graduated from Historically Black Colleges and Universities (North Caroline AT, Howard, Virginia State, Norfolk State, and Morehouse) would not quite fit in. Is it more difficult for someone from a lower social class to â€Å"pass† as upper class? I can neither agree nor disagree because it depends on several different factors. The answer would be yes however, if you were taking someone off the streets that was a high school dropout and didn’t have the resources available to him and putting him in a room full of prestigious individuals that were having an intellectual conversation. I believe it would be difficult for someone from the upper class to â€Å"pass† as someone from the lower class because they are used to a certain way of life and sad to say, some people tend to look down on others that are not on their level. The bottom line is that in order for all to be created equal, we need to be able to have access to the resources needed to sustain a way of life that is comfortable. We all need to be able to obtain an education so that we can be knowledgeable. We all need to be able to support our families and build a nest egg for the next generation of people that will dominate our future. The fact is that most people live in very different, separate and unequal worlds, but we must stop blaming each other and take responsibility for our own actions. We must want more for ourselves and break the cycle of helplessness. Visual representation

The Wicker Husband Essay Example

The Wicker Husband Paper Analysis of The Wicker Husband How do you feel when you see someone happy? Do you envy them or wonder what they have that you do not? Do you wish to covet what they have? Wishing to have something another has is a true human emotion. This human emotion Is jealousy and this is the primary theme portrayed by the villagers in Ursula Wills-Jones short story entitled The Wicker Husband. As I look back at the story, It amazes me that almost all of the seven deadly sins present themselves before the story ends. Seven Deadly Sins The ugly girl appears Ill favored to the villagers. Her demeanor changes drastically once time has passed with the wicker husband she purchased from the basket maker. Here we see pride showing Its face In the story. As for the women of the village, they became Jealous that someone so ugly and undeserving should have the perfect husband with whatever magic the basket maker wove Into him. Displayed here are acts of new. The women begin to want what they do not have from their cabanas and wish for them to act accordingly. This is a sign of greed on the part of the village wives. The women of the village display discontent with their husbands, which begins to stir up questions in their husbands minds. Were the women of the village displaying lust after the wicker husband? The entire village conspires to partake in unethical acts becoming vicious in order to sabotage the ugly girls marriage. Acts of gluttony and wrath are apparent. The basket maker displayed rata when seeing how his creation, the wicker husband, was mistreated. We will write a custom essay sample on The Wicker Husband specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Wicker Husband specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Wicker Husband specifically for you FOR ONLY $16.38 $13.9/page Hire Writer When the basket maker proposed creating his last masterwork, a wicker lady, thoughts of sloth immersed among the villagers. In the end, when the wicker lady was accepted by the villagers and the basket maker, the ugly girl, the wicker husband, and the wicker baby had all disappeared, it was the villagers Jealousy that had left all of them to experience their own losses. The villagers created their own misery by trying to take away someone elses happiness.

The Business of Joe Diver America Example

The Business of Joe Diver America Example The Business of Joe Diver America – Case Study Example ï » ¿The Business of Joe Diver America Joe Diver is stationed in America, in Florida. The foundation of the business was laid down by Joe who started it way back in 1970s. At that time, scuba diving gear was available in only one color i.e. black. Soon Joe entered the web world in 1990s and it is today the largest privately owned web scuba business in the United States. It was during the eighties that Scuba diving went main stream. Improvements continued to be made in gadgets, colors etc. soon Joe hired more students and trained them, was carrying more manufacturers then ever before and was selling more equipment than most stores in that business combined. Joe was aware of every manufacturer in town and tried his best to produce high quality products at good prices. (Joe's Philosophy) Joe has pioneered his business and made it successful in no time. He did so by giving a lot of time to diving. In that way he could tell what products would work and which products wont work. He could make out which gears will be feasible which will be considered as junk by the customers. This Diver America site, carries product in each of the following genres:’Scuba Diving Gear, Snorkel Equipment, Kid's Scuba Gear, Scuba Accessories, Underwater Cameras, Scuba Tools& Gadgets, Dive Gear Essentials, and Fund Dive Stuff.’ (Joe Diver America) Â  Given, the background of the company and its mainstream business related to company, an expansion into foreign grounds will bring in more revenue and would serve him better than ever before. The company that Joe can expand into is Greece. The primary reason for expansion into Greece is the abundance of water there. The products that he is selling and specializing in will complement the abundance of water. This would mean an excess of resorts, diving grounds, etc and a larger market base in Greece. Greece is a parliamentary republic state. It’s annual GDP exceeds that of most European Union countries. On economic grounds, it is a lucrative investment. The tourism industry is one of the main sources of foreign exchange and revenue for its GDP. It makes around 15% of the overall GDP of Greece and employs 17% of the total work force. Thus, the land is really popular for tourists, which makes it a better prospect for divers as chances that resorts and pools and areas to attract tourists and their excursion are greater. The competition would be slightly tough there due to the nation’s heavy dependence on tourism for revenue. More outlets would be in motion selling products that would support tourist ventures such as diving, swimming, sky diving, skating etc. The risks will be minimal for a start up. The company wont opt for brick and mortar system immediately. To help get a better idea of the way things work around in Greece, and the customer psyche, in the first few months, operations will be run via the website only. However, a consortium of products will be sent and stored in warehouses in Greece from where they would be shipped directly to customers. This will reduce the cost of making overseas shipments as soon as the order is placed. Bibliography Joe Diver America. (n.d.). Retrieved August 29, 2010, from Better Business Bureau: bbb.org/west-florida/business-reviews/diving-equipment-suppliers/joediveramericacom-in-fort-myers-fl-48000766 Joe's Philosophy. (n.d.). Retrieved August 29, 2010, from Joe Diver America: joediveramerica.com/joes_philosophy.html

Commercial Law - Sales of Goods Essay Example | Topics and Well Written Essays - 1000 words

Commercial Law - Sales of Goods - Essay Example 224). A major requirement of these rules is that the goods have to be in a deliverable state and that they should be ascertainable, for the transfer in the property of these goods is to transpire. In addition, if the parties to the contract of sale so desire, the property passes from the seller to the buyer. This is in accordance with the provisions of sections 18 to 20 of the Sale of Goods Ordinance. In order to determine whether a party to a contract of sale has property over the goods in question, the courts of Hong Kong apply the law of contract of sale. In instances involving a third party, proprietary rights are established by taking recourse to the rules of the common law. Some contracts of sale of goods are made in a foreign nation (Barber). In such transactions the transfer of property in the goods is governed by the law of the nation where the goods had been located at the time of their sale. In the context of personal property that had been disposed of in a manner that was binding, as per the law of the nation where this property had been located at that time, such disposition has a binding nature in any country (Barber). It is only on being separated from the bulk that goods no longer remain unascertained. Property in such goods does not pass until these goods are separated from the bulk. ... 415). Under the provisions of the Sale of Goods Ordinance, a contract is termed a sale, if the property in the goods is transferred to the buyer from the seller. On the other hand, if the transfer of the property in the goods transpires at a later date or if the transfer is to take place only if some condition is to be satisfied, then the contract is termed a sale agreement (Sale of goods). Section 3(4) of the Sale of Goods Ordinance states that a sale agreement is transformed into a sale, when the time passes or the stipulated conditions governing the transfer of property in the goods are fulfilled. Moreover, section 3(2) of the Sale of Goods Ordinance states that a contract of sale could be conditional or absolute. Since the buyer had paid the sale amount and asked the seller to retain the goods for 4 days, the sale transaction had been completed and Kowloon Tong Squash Club had become the owner of the goods as per the provisions of Sale of Goods Ordinance The provisions of section 27 of the Sale of Goods Ordinance, address situations wherein the seller of goods remains in possession of the same or the documents relating to their title. In such instances, if a buyer purchases these goods from the seller, then the buyer may obtain good title. It is to be construed that the seller had been explicitly authorised by the buyer in the prior sale. However, the buyer in the subsequent sale should have acted without notice of the prior sale and in good faith (Mau, 2006, p. 288). There are two situations that could arise, whenever the owner of some property legally parts with its possession. First, the owner intends to exercise exclusive control over the property, which deprives the receiver of the property of any possessory rights.