Japans High Speed Growth Model and Extent Vietnam Followed the Model Essay

Japans High Speed Growth Model and Extent Vietnam Followed the Model - Essay Example To understand the high-speed growth, of Japan, which took place after the war was over, we should first understand its development and history of Japan during 18th and 19th century. During this time Japan relied on agricultural technology which it developed. the then government of the Meiji took some modernized measures which propelled the economy of Japan later in the 19th and early part of 20th century and by the year 1945 Japan was considered one of the most powerful nations both economically and militarily, and this led to the basic foundation structure of the post-war high speed growth. Comparing Japan and Vietnam would not be a correct approach but we can say that Japan‘s high speed growth model has effected the economic situation of the Vietnam in a major way. Both following the assumptions of Solow Model and both overturning their economies after their economies was shattered by wars only confirms the fact that Vietnam has learnt some important methods and steps to improve their economic situation from the high speed growth model. The whole issue is bolstered by the fact that if we look at the present situation Vietnam grew at a rate of 7.5 percent per year from the period of 1995-2004 and this is recorded as faster growth next only to the Asian superpower china. This was the time of crisis in that region with Soviet Union collapse but Vietnam only improved further with its foreign investment equal to 8 per cent of its GDP which is higher than china. All this suggests only one aspect that the revolution of renovating economy which it was inspired from the h igh speed growth model of Japan has only improved the situation of Vietnam and its economic structure.

Business case Essay Example | Topics and Well Written Essays - 1750 words

Business case - Essay Example By ensuring that blind people are able to transact with the bank just like the other people, the bank will bridge the gap in between people who are physically impaired and the ones’ that are not. Consequently, it will enable the bank to broaden its customer base and improve its profitability. The purpose of this activity is to act ethically responsible and allow equal opportunities to the physically challenged people (ProTrain). It will help to bring such people into the mainstream of the population in terms of business transactions. Hence, it will be a source of business of the bank. Furthermore, it will help such people to avail the facilities of the bank to their own advantage. Since, there is a strong need in the market to cater to the blind customers the bank has decided to introduce a new system which will ease the process of banking for the blind people. Thus, it will ensure that both the people and the bank have mutual benefits. Previously the bank did not employ any special routines to cater to the blind people. The need was felt to facilitate these people and give them an opportunity to run their own accounts, manage their own funds and monitor their accounts’ progress by personally checking their bank statements and other details. Thus, a need arose for a special procedure that will be able to fulfill the needs of the blind customers. As a result the bank has decided to implement a system whereby all correspondence to the blind customers, i.e. their bank statements, terms and conditions statements, applications etc will be used using Braille. In the current business scenario blind people are not offered a self reliant solution for their banking needs. In order to conduct business they are usually assisted by someone and have to be explained whatever is being given to them. Therefore, without assistance it is impossible for the blind

Management and Leadership Assignment #1 Essay Example | Topics and Well Written Essays - 750 words

Management and Leadership Assignment #1 - Essay Example Vandebroek, the Chief Technology Officer in Xerox, engages into a thorough discussion of the importance of innovation in the technology industry and the critical role of managing innovation in eventually gaining competitive advantage. According to the case study, Vandebroek distinguishes innovation from simple invention largely on the basis of their differentiation in orientation. As Noteboom (2000) claims, invention is the ‘obsession’ to create something new in a radical manner, whereas innovation is actually the process of transforming the new idea into marketable products or services. The underlining difference lies in the fact that while invention is the art of designing a new product or service, innovation is what actually matches the fit between this new product and the overall market. Innovating, according to Vandebroek, substantiates with the ability to introduce and launch new products that are necessary for the customers and which can yield economic returns and profits for the company. The distinction is directly related to the three stages of innovation as the term invention practically refers to the first two phases; concept and product technology. Invention, in other words, it is a part of innovation but fails to grasp the essence of making products or services available to the market. Chell (2001) states that innovation is not just about conceptualizing and developing new products, it is also about designing the overall strategy to efficiently and effectively introduce innovative products or services to the market. Therefore, in Vandebroek’s distinction the innovation adds up to the third stage which is non-addressed by invention. Kreitner (2006) states that during the last years, companies have assumed a pro-active role instead of creative as a partial way to avoid any forthcoming regulations Legal factors that might need to be considered by Xerox in its overall innovation

Chapter 8-9 Essay Example | Topics and Well Written Essays - 500 words

Chapter 8-9 - Essay Example Mass media has been extensively impacted on. The modern information technology has seen new media behaviors and operations. Businesses have shifted to technologically-supported advertisement. Advertisers have used technology to conduct their researches and identify how they can deliver adverts that are effective. The development of technology has also provided the advertisers with diverse options to choose from as media stations have increased. As a matter of fact, advertisement has gone through milestones that have revolutionized it completely. It management has significantly changed. The rise of mergers, as well as mega-agencies has been noted over the years. The goal of advertisement also changed from what was perceived to be entertainment to focus on results. Today, businesses seeking for advertising services are more concerned about the increase in sales their promotion will bring. Advertising agencies have also responded to the changes in the economic activities by merging their companies to increase performance. With the growing globalization, several issues have also been noted by the players in advertising industry; questions that have raised serious concerns. The mistranslation of advertisements messages in different language is a critical issue. Consequently, the growing technology has escalated advertising as a corporate industry. Improvements in computer and television graphics are a major reason why advertisement has become commercial as it is. Historically, advertisement has been influenced by the subcultures as well as the wave of social groups; rights campaign. The increasing pressure to represent different cultures and social groups in the media and advertising industry gave it a new face. The media got specialized bowing to the pressure from the feminist movement and anti-racism campaigns. With the increasing of enlightenment on issues relating to media, advertisement

REPORT ON FREIGHT TRAIN OPTIMIZATION AND SIMULATION Essay

REPORT ON FREIGHT TRAIN OPTIMIZATION AND SIMULATION - Essay Example This however, is rare as it presents challenges in terms of cost and implementation to the stakeholders. On the same note, the current train system is operating at its optimal with which come numerous challenges and safety concerns (Ballis et al, 2004). This calls for a more efficient and effecting freight train optimisation and simulation capable of mitigating the emerging concerns, and even proceed further to predict possible future concerns. Factors considered in the rail freight transport were crew scheduling and train scheduling. This is because, unlike passenger train schedules which can be planned and allocated a slot well in advance, Freight trains are dynamic and require a shorter planning period. Freight train systems vary depending on availability of goods and distance required to be covered. This paper provides an overview of freight transport and the possible effects optimization of the rail system will cause. Problem Statement In any environment and or country that have a considerable amount of shipment rail transport is always the centre of focus. Freight train has faced an increased attention due to problems related with road congestion and safety concerns. Furthermore, large container shipments are always a problem at major ports. A good organisation and prioritisation of freight flows and validating an expedition and efficient freight train systems will go a long way in ensuring speedy processing and clearing of these shipment containers. Motivation/Applications Railway transports system is uniquely designed to deliver efficiency and reliability as it allows for massive freight transport at low and affordable rates. This reliance and steady growth on rail transport however, cannot be fully matched by an equal growth pace of the rail system and network. The increased traffic therefore relies on a nearly out-dated system that requires urgent revision. The hampered growth pace is caused by several factors the most obvious being the high costs inv olved in such an investment (Rizzoli, 2002). Additionally, due to the bulk of both the locomotive trains and its related infrastructure, expansion space required is also a concern especially when it comes to residential and ragged terrain surroundings. Railway companies therefore, are left out with limited options the most significant of which is exploitation of the available resources. This can be done through the implementation of better systems that will facilitate better more efficient time management. Furthermore, additional test environments can be developed to study and understand the various challenges involved on the ground during freight train movement to mitigate risks involved. Objectives The objective of this report is to provide an in depth understanding of the freight train optimization and simulation system. Current conditions will be exploited with the objective of coming up with an optimal train scheduling and optimization technique under an array of realistic and probable conditions. These conditions include; infrastructure I place, optimal average speed done by each train, and the inflow of freight goods. In addition, this report seeks to alleviate the efficiency of freight train transportation by highlighting all the impacts it has on the transport system, and further proposing ways to better improve and handle safety measures already in place. These will

A Neighbourhood study of Broughty ferry in Dundee,Scotland Essay

A Neighbourhood study of Broughty ferry in Dundee,Scotland - Essay Example This is done by utilising locally obtained information and national evidence from government statistics and reports. Basic description of the neighbourhood Broughty Ferry is situated on the eastern part of the City of Dundee, which is found on the shores of Firth of Tay in Scotland. Attaran and Sachs (2001) and Barnett and Whiteside (2000, p. 231), note that â€Å"Broughty Ferry is found in the eastern Scotland and has a population of approximately 13, 155 according to the latest population and housing census of Scotland.† The neighbourhood of Broughty Ferry is one that can best be described as a traditional setting with a lot of respect and prestige to customized cultural living. For example the people have their unique forms of music, dressing, dish and educational system (Barnett, 2006 and Bell et al, 2003). The suburb for example has three primary schools that almost every citizen of the suburb attends before going to high school. In their writings, Hummers-Pradier et al ( 2008) and Isaacs (2010) noted that â€Å"these schools are Barnhill Primary School, Forthill Primary School and Eastern Primary School.† Interestingly, all these primary schools feed the Grove Academy, which is a high school with candidates. The neighbourhood of Broughty Ferry is more of a village than a district. ... There also are highly welcoming sites just around Broughty Ferry for golfers and skiers in the St. Andrews and Cairngorms respectively. Perhaps knowing of the kind of welcoming destination their village poses to people all around Dundee and for that matter Scotland, the people present themselves as highly hospitable and welcoming folks. Archer (2003) and Arndt and Lewis (2000, p. 321), has it that â€Å"the rates of visits to the village has made the people one of the fastest learners in Scotland because they are always adapting to the new ways of living that suit their visitors.† Detailed description of key aspect and characteristic of the neighbourhood Employment The employment situation in Broughty Ferry can simply be described as impressive. This is in relation to the average employment rates of Dundee City and Great Britain in general. According to labour supply data from NOMIS for 2001, while the economically active population in Broughty Ferry made up 77.4% of the total population, the same number of economically active population for Dundee City was 68.2% whiles that of Great Britain was 74.0% (NOMIS, 2012). Of the percentages, those in employment in Broughty Ferry were 73.6% when the population of those in employment in Dundee city was 61.2% and those for Great Britain was 69.8% (Mayer et al, 2005and Nugent and Abolafia, 2006). Statistically, it can be said that a lot more of the economically active people in Broughty Ferry are gainfully employed and so have their own sources of income. It has been posited by Ogilvie (2011) and Ploeg et al, (2010 p. 134) â€Å"that the reason for this trend has largely been attributed to the varying economic and employment opportunities that exist in the village†. It is for instance known that of the total number of people

Principles of Total Quality Management (TQM) Essay

Principles of Total Quality Management (TQM) - Essay Example Before going into the discussion regarding three major principles of total quality management, let us get a better understanding of what total quality management actually is. Total quality management is an approach towards improving the performance and quality of products and services so that they meet the expectations of the consumers. Quality is of integral importance for a company to achieve success in a competitive market. A company can achieve success only if it integrates all aspects of quality in its business activities and processes. The focus of the total quality management is the customers and products of a company. Total quality management requires continuous improvement in all departments of a company related to manufacturing of the products, such as, quality design and development, quality control, and quality assurance. There are a number of key principles related to total quality management. Three of those principles include customer focus, continuous improvement, and employee involvement. Let us discuss all of these in some detail. Customer Focus Customer focus is one of the primary principles of TQM. A company needs to focus the needs and demands of the customers while developing the products. Customers are the main drivers that ensure success of a company. Without customers, no company can achieve success or gain market domination in any market. Customers always opt for such companies, which provide them with excellent quality and reliability in all products and services.... If a company neglects the integration of quality aspects in a single phase of a product development process, it affects the overall quality of the product resulting in development of a compromising quality product. Therefore, a company needs to work towards continuous improvement in manufacturing and quality procedures in order to bring a high quality product in the market. Employee Involvement This principle of TQM requires continuous involvement and motivation of the top management of a company. Top management needs to motivate the employees towards ensuring quality in all aspects of their job responsibilities. â€Å"Employees should be encouraged to be pro-active in identifying and addressing quality related problems† (Murray). TQM is not just related to the integration of quality in the products and services of a company, rather it also includes all business functions and activities. The involvement of employees is of integral importance in ensuring the implementation of t otal quality management system in a company. Therefore, companies need to encourage their employees to bring improvement in their job related activities in order to ensure success of the company. Performance Measurement Performance measurement means to evaluate performance of the employees and the business processes in order to bring improvement in the organizational effectiveness and productivity. The basic aim of performance measurement is not just to evaluate the employees’ performance; rather it also focuses on increasing the organizational productivity by improving performance of the employees. Performance measurement or evaluation makes the managers of a company know where the company actually stands and what they need to do in