Therefore, it is recommended that Nanda should focus on the need market since it would be more feasible in terms of limited funds. Some may say that the fun market could boost the sales of Clocky as new and unique items are welcomed by the public. However, Clocky may soon turn into a fad product when newer products are introduced, in which people will not buy Clocky anymore. It has only short-term boot of sales in fun market while it has more long-term development in the need
The weakness for the star cruises is limited routes. They only offers some outbound destination like Australia, China, Cambodia, Hong Kong, Indonesia, Japan, Korea, Malaysia, Singapore, Thailand, Taiwan and also Vietnam. Star cruises should take action to expand their routes so customer got the variety choice to choose the destination. Not only that, they should also come out with marketing strategy to attract customers to purchase it such as promotion packages, advertising throughout social media and more. In term of expand the routes, this is more benefit for the star cruises because they increase their revenue but the expenses still remain the same so actually they gain more profit.
Foreign made goods may become much more expensive or unavailable. Foods may only available at certain times of year when not imported. Free trade allows access to a much wider range of services and goods generally, because a lot of stuff isn't supplied or made on the domestic market. Many of the gains of protectionism tend to be short-lived. If you raise the tariffs on an another country's goods, then it is normally only a matter of time before they retaliate and raise tariffs on your exports.
Introduction Sterling Bay is looking at expanding its economy even with the little amount of human resources. People from around the world have obtained the capacity in purchasing and traveling. Due to the fact that people from developed urban cities faces busy and hectic lives so they would want to travel to rural areas. With the attractions provided, there will then be a sharp influx of tourists. Along with the suggestions of recreational and leisure activities may help to bring up the economy and at the same it benefits the different generations in Sterling Bay not just economically but also environmentally and in the sociocultural way.
For example, the traditional craft of greenstone carving in the southern India town Mahabalipuram has been revitalized by the demand for souvenirs. The products, though intended for sale to tourists, are no less authentic than those produced through similar techniques hundreds of years ago. Less visibly, tourism also contributes to broader, deeper cultural transformations in destination societies. These are changes that occur in a society’s values, Moral codes, behavioral modes and identifying characteristics such as dress and language. It is difficult to separate the influence of tourism from other factors which induce cultural change but, nevertheless, it is generally accepted that tourism can accelerate this process this process, largely through what is known as
This might cause rare diseases that immigrants bringing to the country. As a legal immigration thought, is a positive thing. They are usually from other countries with other cultures, and they will bring labor. Immigrants, as in the old days, works for money. They are much cheaper workers than mostly local people are, and they are more effective too.
These purposes might be beneficial in the short- run because it will encourage economic growth. Without trade barriers, workers from other countries can easily enter the country and resulting in the increase of unemployment. For example before ASEAN Economic Community (AEC) was placed, ASEAN member labor forces cannot enter Indonesia territory easily. But with AEC that is going to be established, Indonesia workers might be threatened because foreigner might have a higher competence than Indonesia own workers and this may lead Indonesia labor to lose their job and thus, increasing unemployment. But in a long-run, when trade barriers continue, trade barriers will hurt national economy.
By hiring foreigners it would bring different information that has not been shared before also exposure to different culture so basically each employee would introduce their values and norms to their colleagues and create an environment of mixed culture within the organization and exposure to different materials also ways of doing business. There are different advantages of hiring a foreign employee sometimes it is cheaper to hire them but of course depending on the job position and also foreign labor are more likely prepared to do jobs that local employees refuse to do it. On the other hand, there are disadvantages as I mentioned that foreign workers tend to be cheaper but cost to bring the employees to the country is expensive. For example, paying a lot to keep them in the country including fees of pay housing. Additionally, some foreign workers might need a lot of trainings for them to have a good performance and meeting the organizational goals.
The term "export" is derived from the conceptual meaning as companies produce products in their own countries and sell goods to customers in foreign countries. Exporting allows a company to centrally produce its products for several markets and therefore to gain economies of scale since many countries do not offer a large enough opportunity to justify local production. ‘Export development is associated to high levels of cooperation between exporters and importers, high levels of trust, and communication sufﬁciency.’(Rodriguez, Wize & Martinez 2013, p.1646)One of the advantages is that makes the company less dependent on sales in its home market and provides a wider range of goods and services In addition, the potential market is bigger by selling overseas. Foreign sales over the long term, it will increase overall profitability once export development costs have been covered. Besides, exporting also provides a greater degree of control over all aspects of transaction such as design, production decisions and research.
Tourism can also affect the population living in the country due to the amount of tourism which furthers the idea of more jobs need to be created for the new tourists. Of course, the impacts of tourism on the country as well as the people in that country can be positive or negative. Those impacts can either last a long time for example the environmental can be negatively affected, or it can also be a short-term affect for example the economy of that country can be improved by a lot, but it wouldn’t always be positive for a long time. Tourism can also cause problems, such as social dislocation, loss of cultural heritage, economic dependence and ecological degradation. Sustainable tourism is becoming so popular that some say that what we presently call ‘alternative’ will