2019 Best Brightest Zane Homsi, University of Virginia (McIntire)

Zane HomsiUniversity of Virginia, McIntire School of Commerce 2019 Best Brightest: Zane Homsi, University of Virginia (McIntire) by: Jeff Schmitt on March 20, 2019 | 0 Comments Comments 2,160 Views March 20, 2019Zane HomsiUniversity of Virginia, McIntire School of Commerceâ€Å"I like my TV shows funny, conversations deep, and my soda loaded with ice.†Ã‚  Ã‚   Fun fact about yourself: I once had a Broadway actress sign my autograph on a piece of paper.Hometown: Vienna, VirginiaHigh School: Flint Hill SchoolMajor: Commerce: Finance, Information Technology Business AnalyticsMinor: n/aFavorite Business Course: Business Analytics with R – 4559; taught by David DobolyiExtracurricular Activities, Community Work and Leadership Roles during College:Alpha Kappa Psi – Brother, Project Leader, Professional Development Chair, Rush ChairTEDxUVA – Curator (President), Speaker Chairman, General Body MemberMcIntire Investment Institute – Analyst4th Year TrusteeClass Council Member – First yearWhere have you inte rned during your college career? Navy Federal Credit Union – Operations Strategy Summer Analyst (Summer 2016)J.P. Morgan Chase Co. (J. P. Morgan Asset Management) – Summer Banking Analyst (Summer 2017)Capital One: Product Management Analytics Summer Business Analyst (Summer 2018)Where will you be working after graduation? LinkedIn – Strategy Analytics AnalystWho is your favorite professor? Kerrie Carfagno: Professor Carfagno was my third year Strategic Communications professor and also taught my study abroad in Copenhagen in May 2018. After having Prof. Carfagno for a year, what makes her such a stand out is not only her ability to contextualize her curriculum with actual, real-world examples, but that she cares so compassionately and selflessly for the well-being of her students. Prof. Carfagno is more than a professor to me: she has become a mentor, confidant and cheerleader for my success. I hope that more students have the opportunity to learn from her.Wh at did you enjoy most about McIntire? My Fall Integrated Core Experience (ICE) Group:While the group formation was random, I cannot imagine what my college career would be like without Rob, Hannah, Madeleine, and Jenna. I have had this discussion so many times that one of the most obvious value-add of McIntire is the opportunity to build a whole new community of friends mid-way through college. These four have been there for me both professionally and personally and definitely played a critical role in making sure my McIntire experience was a positive one.What advice would you give to a student looking to major in a business-related field? Talk to older students as early as possible. Having their foresight helped me navigate almost every critical decision along the path to graduating from McIntire. Which classes to take, when to take them, when recruiting started, how to interview, everything!What has surprised you most about majoring in business? How much grey area there is in each business decision. When I took Financial Accounting, we were taught that accounting and finance were an exact science and that everything balanced and was precise. As the years have gone by, I’ve learned just how much discretion is used in each project – especially when you factor in management heuristics like strategic goals and go-to-market strategies.â€Å"If I didn’t major in business, I would be majoring in or studying†¦Public Policy Statistics.†Who most influenced your decision to pursue business in college? In all honesty, I was always inherently interested in business. My parents are in real estate and pharmaceuticals, neither of which piqued my interest. However, it was a high school macroeconomics class that was the first time I said to myself, â€Å"Wow, this is actually pretty fun.† From that point on, I continued to try new business-related activities and clubs and take more classes, each validating my interests further until I wound up taking and tackling some of the most interesting classes and projects.Which academic, extracurricular or personal achievement are you most proud of? While it has been some time since it happened, the achievement I am most proud of is getting admitted to UVA off the waitlist my senior year of high school. As soon as I began high school, I made it clear and known to everyone that I only wanted to go to school at UVA. I was heartbroken when I was both deferred and moved to the waitlist months later after doing everything possible to position myself well for admittance. During that month on the waitlist, I called a new admissions officer every day to give them my pitch, emailed professors asking for syllabi and asking them about their research, called congressional offices to look for advocates. Then, one professor, Jeanne Liedtka of the Darden School, submitted a recommendation on my behalf. A week later, I received a call from Dean Senem Ward, telling me I had finally been ac cepted. I drove the two hours to UVA immediately and sat on the Lawn to soak it all in.That was, to date, the happiest I have ever been.Which classmate do you most admire? Madeleine Daum.I’ve gotten to know Madeleine in so many settings: the library, classroom, conference room, on the job during the summer, and socially. What impresses me most and is quite frankly something I strive to replicate is how she is able to be completely unapologetic about who she is in everything she does. When she has been stressed or upset, she doesn’t fake the â€Å"I’m fine† pleasantry; she says exactly how she feels and works towards fixing it. When she is excited, the joy is contagious. Also, of all the people I’ve met at McIntire, she is the person who is always there to share in the accomplishments and celebrations of my life. She is the kind of friend and teammate everyone should hope to have.Who would you most want to thank for your success? My mom – han ds down. My Dad served as a major coaching figure in my life, which absolutely was the fuel for a lot of my momentum. However, there have been moments over the years where I contemplated throwing in the towel or thought significantly less of myself. My mom is the reason I always got back up and assured me that all I ever had to be was happy with myself. Corny though it may seem, the amount of calmness that comes from just knowing someone is rooting you on and there to catch you is one of the most freeing feelings out there.What are the top two items on your bucket list? Playing guitar or DJing in front of a crowd of peopleHigh-fiving the Pope or Will Smith – either worksWhat are your hobbies?I love listening and dancing to music (Latin, African, Arabic, Hip Hop, EDM – all genres really).Exercise has been a long-time habit of mine (running, weight lifting, yoga, soccer).I don’t know if this counts as a hobby, but I love getting coffee with people and definitely s pend a significant amount of free time getting to know strangers better.What made Zane such an invaluable member of the Class of 2019?Zane is the student you want in your class, the student you want for your team project, and the student you want as your mentor.I’ve seen him excel in the classroom, in front of corporate sponsors, during an international course to Denmark and Sweden, and even in the halls of McIntire. When I was changing an assignment for the following year, I sought out Zane’s opinion. A student recently spoke to me about how one of the [student] mentors had made a big difference in his experience at McIntire; later, he mentioned it was Zane. His thoughtful and sincere approach to everything raises the bar for our community.   Zane was chosen to be the head mentor and lead 40 student mentors at McIntire, which means all of our students have benefited from his inclusive and welcoming enthusiasm directly or indirectly. Zane’s legacy of extending a culture of kindness is matched by his intelligence and willingness to challenge himself as well as those around him. His article, â€Å"The 8 Most Valuable Lessons I Learned in College† (posted on LinkedIn 1/31/19) is an excellent example of Zane’s commitment to sharing with others what he has learned.Professor Kerrie Carfagno   Page 1 of 11

Essay about Cesar Chavez - 1226 Words

Cesar Chavez Since before the Treaty of Guadalupe Hidalgo, race relations between the United States and Mexico have been less than great. The United States has a history of prejudice and racism. On a national level this sentiment has formed some legislation, and on a lower level it has formed the way many people conduct their lives. Mexican have been exploited for their work for decades. One man fought long and hard for his people and their civil liberties. That man was Cesar Chavez. Cesar Chavez was born in Yuma, Arizona to a middle-class family. Cesar’s family owned there land and also ran a business. When the depression hit in the1930s, the young Cesar Chavez and his family left to find work in California as farm†¦show more content†¦He found that the locals were upset because the braceros were taking their jobs. The bracero program began in Congress in 1942. It’s purpose was to import seasonal contract laborers in times of labor shortages in the states. Appa rently, the farmers would falsely claim labor shortages in order to import braceros. The wages that farmers paid the braceros was a lot lower than that they would have to pay the local workers. The farmers were also able to make their money back from the braceros by charging them excess for room and board. Cesar combated against the farmers by organizing boycotts, sit-downs and protests. All of Cesar’s accomplishments got him the state executive directorship for the CSO. He served this position for two years. In 1962, Chavez proposed that the CSO support a union movement for farm workers. The movement was brought to a vote a vote and rejected. During his time at the CSO, he had met Dolores Huerta, a woman who shared his passion for obtaining farm worker’s civil rights. His plan was to fight for the rights of the migrant and resident farm workers in California. To achieve this goal, Chavez set out to form a â€Å"viable union† among the thousands of dis enfranchised farm workers. Chavez encountered many obstacles after the formation of his union and at the beginning of their strike. Aside from the fact that many of the workers were hesitant to join Chavez and go againstShow MoreRelated Cesar Chavez Essay1771 Words   |  8 Pagesand our cause† (Cesar Chavez); a quiet, devoted, small catholic man who had nothing just like those he help fight for; â€Å"one of Americas most influential labor leaders of the late twentieth century† (Griswold del Castillo); and one â€Å"who became the most important Mexican-American leader in the history of the United States† (Ender). Cesar Chavez; an American farm worker, who would soon become the labor leader that led to numerous improvements for union workers; it is recorded that Chavez was born nearRead MoreCesar Chavez Essay942 Words   |  4 PagesThroughout time there have been many people who have wanted to enact change or make a difference. Cesar Chavez helped migrant f armers with their unsafe work conditions and their lack workers rights. Mother Jones marched for children’s rights and to create child labor laws. Van Jones is fighting for human rights currently. These people all did amazing things and all fought for a singular purpose.Cesar Chavez, Mother Jones, and Van Jones all helped fight to enact change, by making people notice their causeRead MoreCesar Chavez Essay1556 Words   |  7 Pagesand our cause† (Cesar Chavez); a quiet, devoted, small catholic man who had nothing just like those he help fight for; â€Å"one of Americas most influential labor leaders of the late twentieth century† (Griswold del Castillo); and one â€Å"who became the most important Mexican-American leader in the history of the United States† (Ender). Cesar Chavez; an American farm worker, who would soon become the labor leader that led to numerous improvements for union workers; it is recorded that Chavez was born nearRead MoreCesar Chavez and La Causa809 Words   |  3 Pageswhich was established by the Mexican-American, Ceasar Chavez, to fight against injustice without violence for all farm workers. Chavez took all his important values, life lessons, and work experience to make a difference in the United States (Tejada-Flores, â€Å"Cesar Chavez†). Although he faces opposing opinions, he still managed to successfully lead the Delano grape strike and boycott and even help create the nation as we know it today. Ceasar Chavez did not support only Latinos; he was eager to supportRead MoreCesar Chavez and the Chicano Civil Rights Movement2910 Words   |  12 PagesCesar Chavez and the Chicano Civil Rights Movement Introduction In the mid-1960s thousands of Chicanos, people of Mexican descent, walked off the California grape fields in which they worked in protest of exploitation and poor working conditions. They wanted fair wages, better working conditions, and education for their children. They wanted all the opportunities that were extended to other Americans. Among the disgruntled employees was the soft-spoken Cà ©sar Chà ¡vez, who believed that his people’sRead MoreThe United Farm Workers Movement: Cesar Chavez Essay1114 Words   |  5 Pagesconditions and more job opportunities. The United Farm Workers movement was led primarily by Dolores Huerta, Gilbert Padilla, and Cesar Chavez. Cesar Chavez coordinated the protests, and was at the time the President of the United Farm workers movement. Like Martin Luther King, Cesar Chavez believed in peaceful protests, and found boycotts and strikes to be most effective. Cesar Chavez said, â€Å"there is no such thing as defeat in nonviolence†.B efore the United Farm Workers movement, immigrants were not allowedRead More Cesar Chavez: A Great Organizer and Leader Essays2055 Words   |  9 PagesMexican migrant workers of southern California are the most recent historical group to fall into this pattern of exploitation mostly from their lack of organization. Cesar E. Chavez was a great organizer and leader of the United Farm Workers labor union. Robert Kennedy referred to him as â€Å"one of the heroic figures of our time.† Chavez used his life experiences in order to better the lives of many migrant workers in America. Key points in Chavez’s life that had profound effects on the Mexican AmericanRead MoreEssay about The American Dream: Cà ©sar Chavez893 Words   |  4 Pagesimmigrants, mainly from Central and South America, came here by choice. Many came with their families, fleeing from their native land’s poverty; these immigrants were in search of new opportunities, and more importantly, a new life. They faced abuse and Cesar Chavez fought to help bring equality to minorities. For many around the world, the United States have become known as the country of opportunity and success. Consequently, many believe in the idea of the American dream, a life abundant with opportunitiesRead MoreCesar Chavez was born on March 31, 1927 in a small town near Yuma, Arizona near the border. Born800 Words   |  4 PagesCesar Chavez was born on March 31, 1927 in a small town near Yuma, Arizona near the border. Born into a poor family, Cesar grew up in Arizona and in a small adobe home along with his parents (United Farm Workers 1). In his early life Cesar experienced a lot of injustices and saw how not only his parents, but most farm workers were being mistreated and overworked. Cesar Chavez later learned a lesson in his life about injustices that he would never be able to forget (United Farm Workers 1). Cesar wouldRead MoreCesar Chavez Essay796 Words   |  4 PagesCesar Chavez Cesar Chavez was an American labor leader and leader of the civil rights movements. Chavez was in search of justice for his people, especially Mexicans and Latinos. He stands up for these people because he saw how their bosses were with those people. Their bosses were treating them like slaves and not paying them the amount of money they should be getting. Chavez was a victim of that and he saw that no one was making any changes and he took the chance and do justice. Chavez was

Social Media and Privacy Relationships and Online...

Online Surveillance The negative consequences of online surveillance are consistent media headliners cautioning users to be wise with their sensitive information. This research address both positive and negative outlooks of online surveillance. According to Lee Humphreys’ article â€Å"Who’s Watching Whom? A Study of Interactive Technology and Surveillance†, a yearlong experiment explored how people think about privacy and surveillance when using mobile social networks (Humphreys 2011, 575). In examining Google’s Dodgeball, a mobile service like foursquare that allowed users to provide their location-based information with others, they discovered that â€Å"most informants were not concerned about privacy when using the mobile social network†¦show more content†¦The power of surveillance is largely due to people not knowing if or when they are being watched; â€Å"everyday people can search for information about other citizens without their knowledge or permission † (Humphreys 2011, 577). This power of surveillance allows people to be grouped based on their perceived economic and political value (Humphreys 2011, 591). It has been suggested that in using mobile social media we sacrifice personal privacy because people no longer have control over their personal information but we are willing to sacrifice this information because of the personal benefits it brings us (Humphreys 2011, 577). Privacy research has concluded that those who were not overtly concerned about their privacy due to two reasons, 1. Because they felt they had control over their information and who was privy to it and where it was going and two, because the users felt they were â€Å"experienced and savvy Internet users† (Humphreys 2011, 580). Yet, this study reinforces the notion that we live our lives in a â€Å"surveillance society† (Humphreys 2011, 590). â€Å"The amount of information that Dodgeball and its partners have access to is far greater than the amount of information users have access to. Not only did the Dodgeball company have access to a greater breadth of information (i.e., information from allShow MoreRelatedMy Sister And Her Boyfriend1501 Words   |  7 PagesNOAH GO OUT AND THAT MEANS #THENOTEBOOK #IMFANGIRLING okbye† (Sievers). They were horrified. Although they have tried to avoid becoming one of those â€Å"annoying couples† – graciously withholding posts about the intimate details of their blossoming relationship - sometimes friends, colleagues, and acquaintances have posted sappy details for them. For example, one night, we were celebrating birthdays with my dad’s side of the family. I teased them (as I often do) by taking a picture of them both wearingRead MorePrivacy And The Privacy Of Privacy1735 Words   |  7 PagesIn today’s society, the word â€Å"privacy† has be come ubiquitous. When discussing whether government surveillance and data collection pose a threat to privacy, the most common retort against privacy advocates – by those in favor of databases, video surveillance, spyware, data mining and other modern surveillance measures – is this line: If I’m not doing anything wrong, what would I have to hide? The allowance of the government’s gathering and analysis of our personal information stems from an inadequateRead MoreGeneration X, Popularly Known As â€Å"Millennials† By Americans1484 Words   |  6 Pagesniche social problems. Web bloggers have declared Millennials the sole reason for having ruined such complex social issues such as marriage, and the idea of the American dream, to other, not so convoluted problems like the falling sales of bar soap and the increase sales of tree killing novels. However, these bloggers have yet to blame this generation for seemingly their largest offence yet, somethin g that could well, and truly, effect all of mankind throughout the digital age; internet privacy. HavingRead MoreEffects Of Online Social Networking On Society966 Words   |  4 Pagesour environment. Through the development of social networking, it has easily kept us updated on what is going on around the world and in other people’s lives. Instead of face-to-face communication, the younger generation perceives social media to be a place to share emotional connections and stay connected with their significant other. The aim of this research is to investigate the effects of online social networking constructing romantic relationships. With the many different ways to interact withRead MoreAnalysis of Jeffery Rosens: The Naked Crowd Essay884 Words   |  4 Pagesportrays our society as completely exposed, giving up all privacy to join, and fit in with the â€Å"naked crowd†. Rosen claims that we willing give up all power of privacy in order to fit in with society and b e accepted as someone that can be trusted through exposure. He claims that image is the key to establishing trust, not through a relationship or conversation. His thesis presents his views on the subject, â€Å"has led us to value exposure over privacy? Why, in short, are we so eager to become members ofRead MorePrivacy, Secrecy, And Reputation1097 Words   |  5 Pagessome people argue that privacy no longer exists. From the 2013 revelations of government surveillance of citizens’ communications to companies that monitor their employees’ internet usage, this argument seems to be increasingly true. Yet, Harvard Law professor Charles Fried states that privacy, â€Å"is necessarily related to ends and relations of the most fundamental sort: respect, love, friendship and trust† (Fried 477). However, Fried is not arguing that in a world where privacy, in its most simple termsRead MoreNegative Effects Of The Internet1229 Words   |  5 Pagesentertainment is provi ding an escape from reality. Privacy is becoming non-existent as people are casting a mold of their identities online through social media apps. Intelligence agencies are getting the inside scoop on your online activities from corporations that take advantage of the reliance on Internet consumerism. Entertainment has become an integral part of the Internet. Mediums of entertainment such as video games, forums, instant messaging and social media have affected the cognitive functions ofRead MorePrivacy Of The 21st Century No Longer Exists1600 Words   |  7 PagesPrivacy in the 21st Century no longer exists. Bill Gates stated, â€Å"That historically privacy was almost implicit, because it was hard to find and gather information. But in the digital world, whether it s digital cameras or satellites or just what you click on, we need to have more explicit rules - not just for governments but for private companies†. Even though the advancement of Information Technology (IT) is not the problem, the problem is the information that is available is not protected fromRead MoreEssay Government Surveillance For The Greater Good1660 Words   |  7 Pages Government Surveillance For The Greater Good With new advances in technology each day it’s becoming easier to communicate with each other. Talking to friends and family around the world has now become easier. Yet with all these new forms of communication there have been unpleasant side effects, since this new advanced technology is not only for harmless interaction it is also used to plot against governments and countries. Governments have found themselvesRead More`` Invading Our Privacy `` : How Technology Can Make People Expose Their Privacy Online1217 Words   |  5 PagesPrivate privacy is personal information that people keep secret from the public; it also means to refrain people from knowing about them or their situations. Many companies and businesses wants to protect people from hackers and thieves from using their information, such as Social Security and credit card barcodes; consequently, hackers use people’s information to buy illegal products or to expose explicit information from their socia l media pages to the public. Other suggested that personal privacy

Communication in Business for Hofstede Models - myassignmenthelp

Question: Discuss about theCommunication in Business for Hofstede Models. Answer: Introduction The present study analyzes about given case study that highlights on the significance of cross cultural communication while expansion of business in new market. Cross cultural communication is crucial for the business as it helps to build international customers, business partnerships and relationship with employees. This study reflects that Mary being an Australian businesswoman wishes to expand her business in China but is not certain about how to conduct business with the Chinese (Bochner 2013). The Chinese business etiquette along with the strategies adopted by the businessman for expanding business in China is also explained in this essay. Furthermore, the method that Mary should implement for conducting business with the Chinese is mainly discussed in this essay. In order to address this section, few recommendations are also provided in this study. In context to this, the occurrence of potential cross- cultural miscommunication is also elucidated in this essay by applying Hofst ede models of culture. Chinese business Etiquette Business etiquette refers to the set of behavioral standards in which every individual treats others respectfully and also exhibit good manners in every interaction. Good etiquette in the business helps to protect the employees and business owners from conflicts by setting high business standard by all (Chua 2012). Proper business etiquette provides impression to the clients that business has successful as well as productive environment. Business etiquette generally differs among the countries. It has been opined by Guffey Loewy (2012) that, Chinas business culture and practices differs from other developed nations. If the business owner plans to expand the business in China, then it is necessary to understand local customs of Chinese business etiquette in order to attain success. Business in this nation heavily depends on the personal relationships. Although doing the market research is vital in China, personal relationship is also essential for achieving success in business. Howev er, it is extremely important to establish as well as maintain good relation with the government officials and business contract in this nation. There are some proper ways of starting relationship building procedure in Chinese business, which involves- Attending the networking events of the industry Following up specially on personal introductions Contacting associations within the industry and municipal investment However, adopting this relationship building procedure will facilitate the business owner to introduce open culture within the business and attract large number of workers. This in turn increases total productivity within the business and achieve the target within a specified time period. Furthermore, it is also vital to remain conscious about the potential scams that might be encountered while doing business in China (Okoro 2012). Some of the common scams are given below: Some unknown Chinese business enterprise might approach new business owner with huge purchase order of considerable value Another instance that occurs in Chinese business is insisting on a specific contract quickly Some of the Chinese business also insists new business owners to come to this nation for signing the contract as well as pay notarization fee However, it is necessary to become aware and understand the business practice and etiquette before notarizing contract in China. It has been founded by some researcher that the Chinese are highly affected by Confucianism that give emphasis to respect for authority, age and education. Although modern Chinese might not follow the Confucian principles in rigid way, these principles still continues to strengthen several customs as well as business practices. However, the business entering the Chinese market is bounded to follow these principles for maintaining etiquette (Taras, Steel Kirkman 2012). Within Chinese culture value system, the Confucianisms main value of politeness and etiquette is the vital foundation of the business dealings in this country. In addition to this, these patents in numerous practical customs are important for effectively engaging with the Chinese business. As building good relationships and trust are crucial in the Chinese business, proper communication with potential clients and business partners is necessary. Apart from this, the Chinese business people always prefer to create good relationship with the clients before closing the deal in order to achieve success and attain more contracts. Ting-Toomey (2012) opines that one of the Chinese business etiquette is to greet their clients by bowing heads and shaking hands. Additionally, Chinese business cards are also exchanged while meeting their clients. Besides this, body language, art of conversations and dress codes are some of the business etiquettes that are prevalent in Chinese business. Apart from this, offering gift is another common Chinese business etiquette that the business visitors maintains while doing business with this nation. Methods that Mary can apply for making favorable first impression while visiting China to meet manager of popular store The steps that Mary can use for making favorable impression while visiting China to meet the manager of popular store are given below: Firstly, as first impression and appearances are vital in business culture of China, dressing conservatively will aid to signify modesty as well as status Secondly, as Mary is going to meet senior Chinese manager, entering room in proper order will help to demonstrate huge respect towards the manager. Thirdly, as handshake is general way of greeting Chinese counterpart, Mary can initiate this gesture for showing respect towards this Chinese manager Fourthly, as body language is crucial in Chinese business, the body posture should be formal as well as attentive since it demonstrates respectfulness and self- control. However, staying composed throughout the whole conversation will help to make favorable impression. Fifthly, as Chinese business people are careful about negative statements, Mary must maintain good art of conservations. Sixthly, presenting business card to the Chinese manager will also help to show respect towards the Chinese manager. However, presenting the card in proper manner is also crucial for maintaining business etiquette. Areas of potential cross -cultural miscommunication using Hofstede cultural model Cross- cultural communication has become crucial to expansion of business in the global marke (Carbaugh 2013). This mainly deals with the varied business customs, communication strategies and beliefs. The Hofstede cultural dimension theory mainly constitutes the framework that revolves around cross cultural communication According to Hofstede, difference in values are the main barriers in cross- culture communication. Hofstede proposed that there are some national as well as regional factors that contribute to the business culture. It mainly illustrates the impact of culture of society on values of the members. If the enterprise cannot manage differences in culture, it might lead to cultural conflict and miscommunication. This in turn impacts the relation between employees and managers and thus creates gap between them. There are few cultural dimensions of Hofstede model, which includes-high or low context cultures, power distance, uncertainty avoidance, collectivism vs individualism, long term vs short term orientation. In fact, these are the major factors that create cross -cultural miscommunication, which are explained below: Language barriers- Language usage has discrete differentiation among the cultures. However, misunderstandings arise in communication owing to improper application of language or varied interpretations of words. Apart from this, if the people speak similar languages in several nations, then also it can create miscommunication owing to varied cultural backgrounds. As the Chinese people speaks different languages, the business owners of other nations faces difficulties in understanding their language and this creates cross- cultural miscommunication. High context vs low context cultures- For the people with low- context culture, the people apt to be the indirect communicators and thus do not reveal information with other people (Hurn and Tomalin 2013). On the other hand, people living in high context culture tend to interpret shared information with others and thus becomes sensitive to the works spoken. The Chinese people living in high context culture are highly sensitive to words and hence business owners planning to expand business in this nation must be aware of it. Power distance- This refers to the extent of inequality among individuals that the population of the nation deems as normal. It is basically the degree to which less powerful organizations members accept as well as expect that the power is unequally distributed. As different nations have varied power understandings, there might considerable variations in culture. Hofstede research found out that, China has highest position of power distance characteristics (Minkov Hofstede 2012). As the people inherit Confucianism in Chinese business culture, it leads to cross- cultural miscommunication since it relies on unequal relationships. Nonverbal differences- This mainly indicates the body movement and attitude of the people. Similar body languages might be easily interpreted in different meaning across varied cultures. Non verbal differences can occur if the people from other nations expand their business to China. However, this also leads to cross- cultural miscommunication. Recommendation Some recommendations are provided to Mary for doing business in China, which are described below: The psychology of the Chinese consumer should be understood before expanding business in China Knowledge of the Chinese language should be known Proper knowledge about the Chinese business culture should be taken before expanding the business to this nation. Proper information about Chinese business etiquette should be gathered Conclusion From the above study, it can be concluded that business etiquette is important while doing business in China. Effective business etiquette helps the business owner to achieve success while doing business in China. Moreover, proper cultural communication also aids the business owner to understand the Chinese psychology and provide service according to their preferences. The business owner must adopt proper strategy in order to avoid cross-cultural miscommunication and expand business effectively. References Bochner, S. ed., 2013.Cultures in contact: Studies in cross-cultural interaction(Vol. 1). Elsevier. Carbaugh, D. (Ed.). 2013.Cultural communication and intercultural contact. Routledge. Chua, R.Y., 2012. Building effective business relationships in China.MIT Sloan Management Review,53(4), p.1. Guffey, M. E., Loewy, D. 2012.Essentials of business communication. Cengage Learning. Hurn, B. and Tomalin, B., 2013.Cross-cultural communication: Theory and practice. Springer. Kinloch, P., Metge, J. 2014.Talking past each other: problems of cross cultural communication. Victoria University Press. Lewis, M. and Rowley, C., 2014.Greater China: Political economy, inward investment and business culture. Routledge. Martin, J. S., Chaney, L. H. 2012.Global Business Etiquette: A Guide to International Communication and Customs: A Guide to International Communication and Customs. ABC-CLIO. Minkov, M., Hofstede, G. 2012. Hofstedes fifth dimension: New evidence from the World Values Survey.Journal of cross-cultural psychology,43(1), 3-14. Okoro, E. 2012. Cross-cultural etiquette and communication in global business: Toward a strategic framework for managing corporate expansion.International journal of business and management,7(16), 130. Schulz, A., 2006.Chinese Business Culture. diplom. de. Taras, V., Steel, P., Kirkman, B. L. 2012. Improving national cultural indices using a longitudinal meta-analysis of Hofstede's dimensions.Journal of World Business,47(3), 329-341. Ting-Toomey, S. (2012).Communicating across cultures. Guilford Press.

The super project Essay Example

The super project Paper We chose to use the NPV method because it is the best method for capital budgeting and valuing a project or alternative. The NPV takes into account all of the relevant cash flows and the time value of money. When calculating NPV, we do not need to include the test market expenses, as they are sunk costs. We need to include any relevant overhead expenses, erosion costs from the Jell-O product line and the excess capacity used. When determining whether to accept or reject a project based on a NPV, as long as the NPV is positive the project or alternative should be accepted. Just the opposite, if the NPV is negative, the project or alternative should be rejected. In terms of a SWOT analysis for the project in general, one strength would be the strong market share that General Foods already has with their other strong products, jell-O for example. Another strength would be their knowledge of powdered desserts and similar products. One weakness that is prominent in this case is the fact that the new Super Product is taking away from the production of Jell-O, an already strong product. In terms of the opportunities, the product may flop, taking away possible gains General Foods could gain from developing a new different product. A threat to this case and General Foods is that of competitors. Competitors may try and copy the product or create a better alternative to General Foods Super Product. Analysis The Super Project has an initial investment of $200 and a pro rata share of facilities of $453 giving us a $653 total investment. This total investment will depreciate over the next ten periods. We will write a custom essay sample on The super project specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The super project specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The super project specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The first period only depreciates by 5% while the next nine will depreciate by 10%. After all the depreciation has occurred there will just be the salvage value remaining for the capital asset. With depreciation being paid each year there is a tax shield created. A tax shield is a deduction in income taxes that result from taking an allowable deduction from taxable income. To find out how much the tax shield the Super Project has, just take the amount of depreciation for that period and multiple it by the tax rate (52%). The tax rate used was the average tax rate over the past 10 years. Cost of Debt and cost of equity help get different rates that are an important factor in figuring out the weighted average cost of capital (WACC). Cost of debt gives the interest rate General Foods would pay for all the current debts. While the cost of equity is the minimum rate of return that they must offer shareholders to keep them investing in their company. The Super Project has cost of debt of 1. 57% and cost of equity of 13%. This helps figure out the WACC which is the rate we expect to pay on average to all security holders to finance our assets. The WACC for the super project is 11. 77% which is less than the 13% rate of return that the shareholders are looking for. This tells us that the Super Project might not be the best idea. NPV is still the best measure for capital budgeting so we went ahead and did the calculations for it. To figure out the net present value we have to first figure out the cash flow. In 1968 we get earnings before income taxes of $283. This is the $643 total investment minus the $360 cost for test markets that we see as a sunk cost and are not including it as part of the Super Project. The cash flow generates positive revenue for the Super Project but we still have to factor in that the Super Project is eroding 20% of Jell-O causing their revenues to decrease along with their cash flow. After cash flow is figured out we are finally able to see what the NPV is. When calculating NPV you have to get the sum of discounted cash flows and add it to the initial investment. For the Super Project we get $298. 4 discounted cash flow + (653) fixed investment = (354. 6) NPV. With the NPV being a negative number, we know to reject the super project.

The Price of Glory essays

The Price of Glory essays Historian Alistair Horne's book, "The Price of Glory" is one of the most well known and admired books on the Battle of Verdun. Early on, he gives his own perspective on the battle when he writes, "A small affair; [the battle] yet out of it grew what those who took part in it considered to be the grimmest battle in all that grim war, perhaps in History itself" (Horne 1). Verdun was one of the deadliest battles of the war, and Horne zeros in on it because of its importance to the entire war, and the magnitude of the losses there. He maintains that before the battle, Germany still had a chance to win the war, but as the battle continued, their chance trickled away (Horne 1). Thus, the battle was a great turning point in the war, and this is why he concentrates on it, and why he wrote his book. He also maintains that Verdun still influences France today, and certainly had influence over the way the French fought the Germans during the Second World War, which is why Germany so easily overthrew France with their Panzer divisions (Horne 2). Clearly, Horne's thesis embodies the importance of the battle, not only on World War 1, but also far beyond. Horne presents some compelling evidence throughout the book to support his thesis, and simply to illustrate just how devastating this ten-month long battle was to both sides. Not only does he give graphic details of the bloody and gruesome battles, he gives insight into the motivation on both sides that held them in the trenches. For example, he writes of the taking of a French village, "Up came the Pioneers with their flamethrowers, and the last brave defenders were consumed in their remorseless fire" (Horne 86). The book is full of chilling accounts such as these, which make the extreme horrors of battle even more understandable to the reader. Discussing the tactics of both side, Horne shows how no one really ...

The Transnational Gang Threat in America Research Paper

The Transnational Gang Threat in America - Research Paper Example In recent years, concerns have been raised – both from the media and the US authorities themselves – with regards to the violent crimes committed by transnational gangs that have escalated dramatically in recent years. The 2009 National Gang Threat Assessment released by the National Gang Intelligence Center (NGIC) and the National Drug Intelligence Center reported that the gang threat is no longer confined to the streets and in fact has already been magnified as gangs migrate from urban areas to suburban and local communities, expanding their coverage to become regional and national in scope. Two of the primary gangs that cause significant concern are the Mara Salvatrucha (MS-13) and the 18th Street Gang (M-18). The US Government Accountability Office, in a report to the US Congress, has identified these gangs as serious threats to the public safety not just in the country but also in Central American countries because of their violent nature, the scope of their criminal activities and their rapid expansion (GAO 2010, 1-2). Unarguably, gangs pose significant threats to stability, security, and even in investment and the economic climate of a country. These threats have already consistently assailed Latin American countries for years and that they - spilling over to the US - is no longer a remote possibility. What is worse is that the transnational gang issue entails several other problems, including – but not limited to – illegal immigration, drug trafficking, and, as previously mentioned, crime and violence. Numerous American national law enforcement agenc ies quantify the threat to the nation in different ways. But, one thing they all agree on is that gangs are emerging as a national security threat. These violent drug gangs primarily from Central America can impact public security, increased drug violence and crime in the American experience. Although, it is difficult to