From the sociological perspective, it was a huge social, cultural, economic and psychological threat for the communities living across the coastlines, cleanup workers, and especially children. Firstly, oil was released into the sea; it spread out on the surface of the water and contaminated the sea and coastlines. Statistics had shown that the Gulf oil spill killed 3,902 birds, 517 turtles, 71 marine mammals and more than thousands of other wildlife animals under the sea are covered by oil during or after the disaster (Merchant, 2010). Besides, the contaminated
Organization functions such as marketing and sales team, engineering team and production team need to work together. They have to communicate and find action at interfaces. However, there are also some disadvantages of QFD. One of the disadvantages is inflexible for changing demand. The company who adapts the customers need can be costly and complex because the customers need always change instantly and unforeseen.
We have learned that diversity is needed in every organization to make it stronger. Although with this article it explains that diversity is a negative thing and can cause many situations that can lead to a high employee turnover or termination rate. With having a high turnover and termination rate it can cause an organization to lose more money for having to replace these employees. Management needs to find ways to instill the right policies for their company to try to avoid any law suits and cost it would have to make to replace their
A main consequence of said attitudinal changes is a skills shortage involving a war for talents in a marketplace focused on concurrent cost, productivity, and quality. Aging of the workforce creates a number of challenges for employers. Older workers are frequently viewed as being more resistant to change, specifically when it comes to implementing radically new programs and using new technology that go against the traditional ways of doing things. Managing the knowledge of aging workforce is a major challenge, primarily for firms in industries that require state of the art or expert knowledge and skills. Whenever an expert retires or receives a promotion, the risk of losing his or her knowledge concerning what skills are needed to fill his or her position is great.
Brain drain is a controversial topic whether in developing or already developed countries. Till this day, we are having the radical development of innovation all around the world. The effect of such development fundamentally influenced the social, demographic, and economical aspects of the community. Economies rose up, machines started taking over and with the population increase so did standards. Lebanon, being one of the nation’s going through financial challenges, is experiencing a demographic changing sensation represented by outrageous migration of individuals to different nations looking for better work opportunities.
It must be looked from the perspective of the institution, resources and industry based. If just one point is not enough, in short time, there might be a success but in long-term, there is going to be chaos because, as explained, an exit from the venture is hard and exiting from the venture is going to be excessive cost-oriented occurred by the exit. Because both partners are not ready for a partner to exit the venture, even, a partner that desired to exit is going to have chaotic consequences. In some industries, such as petrol and mining, the whole economy of the country is going to be influenced by the venture. This is why, deeply, I investigated joint ventures and explained its advantages and disadvantages.
With this bad behavior, we bring damage to the environment. The environment is also damaged by the overuse of natural gas, coal and oil. Due to the overpopulation, there are more polluting industries active and inter alia the number of polluting cars only increases. This rise in amount of CO2 emissions leads to global warming, rise in sea level and the melting of our ice
Generally, globalization has impact on everyone. Referring to the changes, globalization has created a new limitless world (Czinkota et al). Globalization changes the living standard of the people, it impacts the firms to changes their business strategies, and motivates nation to make up new policies for nation. The events which are transpiring in world now have different consequences to other different parts of world at a very faster speed that could not be even imagined in the past. For instance, the financial crisis in Asia has severely impacted the business al around the world in 1997 (Baker & Sinkula).
In the process of its expansion, the country learnt many lessons. They include the negative social and environmental impacts, as result of uncontrolled developments. In addition, the uncontrolled developments also nearly lead the industry to very vulnerable position as a result of duplication of many similar products, developed by duplicating other foreign tourism products. However, with the proper management tools in operation, the industry is now much diverse; the products differentiated, and the environmental and social impacts