Peter Drucker on Knowledge Workers, Management and Leadership Essay Example

Diminish Drucker on Knowledge Workers, Management and Leadership Essay On the off chance that youre understanding this, youre in all likelihood an information specialist of some sort. What's more, if youre an information laborer inside an association, heres a fundamental inquiry you have to pose: Am I being overseen, or am I being driven? What's more, if thusly youre answerable for the presentation of other information laborers, you have to ask yourself: Am I overseeing, or am I driving? Im incited to pose these inquiries by Peter Druckers Management Challenges of the 21st Century, one of the most keen and intriguing books Ive ever perused, and one I come back to routinely, almost 10 years after its distribution. The principal section in this terse volume, Managements New Paradigms, detonates six profoundly imperfect suspicions that Drucker saw basic the control and practice of contemporary administration. Presumption #3 is There is, or there must be, one right approach to oversee individuals, and Drucker utilizes this as the beginning stage for an investigation of the qualities of information laborers and why they should be driven and not only oversaw. A passage from pages 17-22 of the Harper Business soft cover version: In no other region are the essential customary suspicions [about management] held as immovably as in regard to individuals and their administration. Furthermore, in no other zone are they so absolutely at chances with the real world thus absolutely counterproductive On [the] principal supposition that there isor at any rate ought to beone and just one right approach to oversee individuals rest the various suspicions about individuals in associations and their administration. One of these presumptions is that the individuals who work for an association re subordinates [F]ewer and less individuals are subordinateseven in genuinely low-level occupations. Progressively they are information laborers. Furthermore, information laborers are not subordinates; they are partners. For, once past the student stage, information laborers must find out about their activity than their supervisor doesor else they are nothing but bad by any stretch of the imagination. Truth be told, that they find out about their activity than any other individual in the association is a piece of the meaning of information laborers We will compose a custom paper test on Peter Drucker on Knowledge Workers, Management and Leadership explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Peter Drucker on Knowledge Workers, Management and Leadership explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Peter Drucker on Knowledge Workers, Management and Leadership explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Undoubtedly, these partners are subordinates in that they rely upon the supervisor with regards to being employed or terminated, advanced, evaluated, etc. Be that as it may, in their own activity the unrivaled can perform just if these purported subordinates assume liability for instructing the person in question In turn, these subordinates rely upon the predominant for course. They rely upon the better than mention to them what the score is. Their relationship, as such, is unmistakably progressively like that between the director of an ensemble and the instrumentalist than it resembles the customary unrivaled/subordinate relationship

Understand The Soft Drink Market Comprising Of The Students Studying

Question: Examine about the Understand The Soft Drink Market Comprising Of The Students Studying At The USC. Answer: Presentation The target of the given undertaking is to comprehend the soda showcase including the understudies learning at the USC. So as to encourage the equivalent , an overview was led in order to gather the information about the utilization request of different drinks alongside their separate refreshment inclinations and effect of cost on the equivalent. From the delegate populace information gathered through the review, an example of 80 understudies was gotten from the first study results using irregular inspecting. This was executed through the utilization of irregular testing. From the example information got, different inferential and illustrative insights methods have been applied so as to give answers to the different inquiry. These have been featured in the accompanying segment while the applicable calculations are appeared in the joined exceed expectations sheer. Information Analysis In light of the example information and the comparing calculations acted in exceed expectations, the accompanying investigation might be completed. Out of the given 80 understudies which structure the example, 72 are residential understudies while the staying 8 are worldwide understudies. This suggests the extent of residential understudies in the example is 90% while that of global understudies is 10% as it were. It is seen from the example information that as the cost of the drink will in general increment, the comparing utilization will in general psychologist. This infers there is a reverse connection between the cost and refreshment amount devoured by the understudies. The accompanying disperse plot additionally features the equivalent. This is in accordance with the law of interest and bodes well considering the way that these are a bit much things and can be shortened particularly when the value rises. Additionally, the connection is by all accounts very direct as is obvious from the above plot. In view of the example information, it is clear that the other class is the most well known thinking about that 33 out of 80 understudies have picked equivalent to their most mainstream drink. The least well known refreshment among the understudies dependent on the given example is by all accounts caffeinated drinks thinking about that it has been casted a ballot as the least mainstream by 44 understudies out of the given 80 understudies. The synopsis of inclinations got from test is featured beneath. So as to check the dependability of the understudies to their favored drink, it is basic to investigate the extent of understudies who will in general do a switch when limits are offered to them for the subsequent inclination. It is evident from the example information that when 25% markdown is offered on the second favored beverage, at that point just 21.25% of the example keeps an eye on a make a move. In any case, when the markdown is expanded to 40%, at that point this worth will in general increment to 55%. In this way, it is obvious that the understudies will in general be not exceptionally faithful to the favored refreshment and whenever given sensibly high rebate (40%) dominant part of them are eager to make a move. In view of the given example information, it is reasonable for presume that it appears that the household understudies are progressively touchy to cost in correlation with global understudies. The disperse plot at the refreshment cost amount relationship for the worldwide understudies is as featured beneath. It is clear that the above dissipate plot shows a backwards relationship yet the connection coefficient is by all accounts lower. The consolidated scatterplot will in general think about an increasingly straight and uniform pattern in this manner featuring that the local understudies will in general have a progressively solid and direct relationship with respect to cost and drink amount. The particular synopsis table of the inclinations of the nearby understudies is laid out underneath. It is clear from the above table that that the most well known drink among the household understudies will in general be other with 31 out of 72 understudies buying in to a similar inclination. Concerning the least mainstream drink, it is caffeinated drinks for the household understudies with understanding of 39 understudies out of 72 local understudies. The synopsis table of the inclinations of the global understudies is sketched out beneath. In contrast to household understudies, the most famous beverage for worldwide understudies is tea/espresso with 4 out of 8 understudies buying in to a similar inclination. With respect to the least well known beverage, the worldwide understudies share a similar view as the residential understudies as the least favored drink. Utilizing the given example, the gauge has been made for the populace. As indicated by the equivalent, there is a 95% likelihood that the extent of understudies leaning toward soda pops would lie somewhere in the range of 7.18% and 22.82%. Synopsis In view of the above information examination, different ends can be drawn. The college has a little extent of worldwide understudies with a high lion's share of understudies being local. Further, regarding drink utilization, a reverse connection will in general exist with cost. Additionally, this connection will in general be less articulated for universal understudies when contrasted with household understudies. Furthermore, concerning inclinations of refreshment, on a consolidated premise, the others classification is the most mainstream with caffeinated drinks being the least famous. Nonetheless, there are contrasts seen between the inclination of residential and universal understudies as global understudies will in general have their most well known beverage as tea/espresso. Additionally, the understudies by and large will in general be not extremely steadfast as at 40% markdown, over half understudies will in general change from the most favored drink. Additionally, the ubiquity of sodas among the understudies is by all accounts low as is clear from the populace gauge drawn from the given example.

OUR BLOOD essays

OUR BLOOD papers Ox-like Spongiform Encephalopathy in our Blood Supply The prosperity of the blood gracefully has consistently been an indispensable part of human presence. It is normal information that the current blood flexibly is inadequate to the expanding utilization of blood and blood items. Unexpectedly, as the subject of blood gift emerges in the public arena, fears and questions with regards to how sterile and fortifying the blood of blood benefactors regularly surface. For example, there is a lot of analysis over permitting remote explorers to Great Britain the chance to give their blood. This analysis originates from the conviction that the Great Britain endemic of Bovine Spongiform Encephalopathy (BSE or Frantic Cow Disease) can be physiologically identified with the deadly Creutzfeldt-Jakob illness in people. In spite of the fact that there is not really any logical proof that bolsters this charge, the United States Department of Agriculture and the FDA have presented exacting limitations concerning the importation of British steers items a nd the blood gift of British voyagers. Pundits, legislators, and the overall population frequently use the guess of ill-conceived realities and legends to shape their conclusions concerning BSE. This is fine and extraordinary, yet I accept a substantial supposition regarding the matter must be sponsored by critical realities involving the clinical the study of disease transmission and history of Bovine Spongiform Encephalopathy, its connection to other transmissible spongiform encephalopathies (TSE), conceivable transmission to the human species, the reasons for Creutzfeldt-Jakob illness, and any connections among BSE and Creutzfeldt-Jakob malady. My assessment, in light of the realities, is the thing that I offer to you. Ox-like Spongiform Encephalopathy (BSE) Ox-like spongiform encephalopathy is a deadly mind sickness of dairy cattle. BSE is generally normal in dairy cows, however not uncommon in meat steers either. Cows influenced by BSE experience a dynamic degeneration of the sensory system. Tainted creatures may show changes in conduct, for example, anxious... <!

Essay Topics For Your School - Which Ones Are Most Likely to Suit You?

Essay Topics For Your School - Which Ones Are Most Likely to Suit You?When you are preparing for your University of Maryland essay, you have many UMD essay topics to choose from. They are designed to help you with both academic and personal needs. And they can be done in an unusual manner. You can set a prompt to help you decide what you would like to write about.But you will also need to choose UMD essay topics that will offer a solution to the questions you have to answer. As an example, if you want to include a history lesson or how the Bible shaped society, you will need to think about the question of why. That will require a real plan to explain your own views and interpretation of the subject matter.There are a number of themes that UMD essay topics can be used for. Among them are life events such as a death, birth, adoption, a job loss, etc. Depending on the subject, you may want to consider what brought it about and how you will address it in your essay. Maybe you will talk a bout your love life, your marriage's or your family's relationship.Themes that relate to human interaction are very popular UMD essay topics. You can use themes such as love, friendship, relationships, jealousy, divorce, faith, etc.Personal essay topics can be on any topic you may choose. They can relate to your life as a whole or just to one aspect of it. For example, if you are a manager, you may want to include the theme of management or human resources. If you are a parent, you may wish to include the theme of raising children.The first step is to identify the subject matter that is the most difficult choice to make. Then take that to your school counselor to help you with the process. But make sure you set up an appropriate prompt to help you decide.There are many UMD essay topics to choose from. You just need to choose the ones that suit your personality and your own experiences.

William Golding s Lord Of The Flies - 1869 Words

Essay Outline – Unit 11 Introductory paragraph: Topic Sentence (includes the book title and author) The novel Lord of the flies by William Golding is a type of literature that revolves around an anti-war theme. Main Points that will be discussed in the essay presented in order of weakest to strongest: 1. Lord of the flies was written during WWII and one of the manifestations is the dead man in the parachute presumably a victim of a bombed plane. 2. Faction among the group which is similar to division in society when people fail to listen and understand each other but keep on pushing their own interests and beliefs. 3. War-like attitude from Jack and his boys as an innate hunger for power and greed which is usually the root cause of war against countries. State the thesis: William Golding has created an anti-war piece of literature to demonstrate how greed, selfishness, hunger for power, corruption in all forms can cause faction among society, civil unrest and eventually lead to war within a nation and in the world. Body paragraph 1 (Strong argument): Topic Sentence: This novel was written during WWII and one can deduce that the war is the reason why the boys were on the plane and it is the cause of death of the man on the parachute. Fact 1- Example 1 - It was concluded that the setting of the novel took place during the second world war because of Piggy’s statement when he first met Ralph â€Å"We was attacked!† â€Å"When we was coming down, IShow MoreRelatedWilliam Golding s Lord Of The Flies1263 Words   |  6 PagesResearch Paper: Lord of the Flies William Golding, the author of Lord of The Flies, included adults for only a brief time throughout the novel, playing only a minor role at the end. The absence of adults exemplifies how children require the structure and guidance that only parents can provide, symbolically, how nations newly freed from the British Empire’s control would be better off under English colonial power to survive and maintain order before deteriorating into anarchy. The adults of theRead MoreWilliam Golding s Lord Of The Flies752 Words   |  4 Pagespossible, so a five year old who teases others to Adolf Hitler would be classified as perpetrators of evil. Lord of the Flies is a fictional story about a group of British boys who get stranded on island. The author of the novel Lord of the Flies, William Golding, showcases Zimbardo’s ideas in his story. Zimbardo did not form his theory Through the character development of Jack and Roger, Golding illustrates the intensity of evil when one is impacted by situational forces. Before Ralph and Piggy unifiesRead MoreWilliam Golding s Lord Of The Flies1282 Words   |  6 PagesWilliam Golding, the author of Lord of The Flies, included adults for only a brief time throughout the novel, playing only a minor role at the end. The absence of adults exemplifies how children require the structure and guidance that only parents can provide, this can be seen how nations newly freed from the British Empire’s control would be better off under English colonial power to survive and maintain order before deteriorating into anarchy. The adults of the novel can be seen as the motherRead MoreWilliam Golding s Lord Of The Flies1389 Words   |  6 PagesA response to Lord Of The Flies Imagine an airplane crash. The heat of flames scorch passengers’ backs in addition to the wind burning their faces. Lucky, this crash was over water and near an island so most passengers survive, with an exception of the airplane staff and the pilot. Even though alive, many are in fits of fear and panic, and others are in shock. After hurried deliberation, a lone member of the group is elected leader in hopes that they will calm the panic, and make the hard, but necessaryRead MoreWilliam Golding s Lord Of The Flies1315 Words   |  6 PagesWilliam Golding’s novel Lord of the Flies was set somewhere on the timeline of World War Two, a war between the Axis and the Allies lasting from 1939 until 1945. Although WWII was fought between many countries in the Pacific and Europe, the main contender was Germany, led by Adolf Hitler. Hitler and his followers, the Nazis, changed the lives of everyone when they attempted to strengthen Germany and brought out all the evil and ugli ness in the world. After WWII, nothing would be able to change theRead MoreWilliam Golding s Lord Of The Flies886 Words   |  4 Pageshow to live their lives not knowing what s right or wrong. Everyone has a different opinion towards different things. Some say gun laws should be banned while some say they want a gun in their house. In Lord of the Flies by William Golding there are clear aspects of leadership shown within the characterization between Jack and Ralph. I m chief, said Ralph, because you chose me. And we were going to keep the fire going. Now you run after food- (Golding 150). There is evident conflict between theRead MoreWilliam Golding s Lord Of The Flies1672 Words   |  7 Pages The Different Social Cognition of the Similar Stories — Synthesis essay of Lord of the Flies Final Project With the development of British culture, the format of Desert Island Literature has an inevitable connection with the geographical and culture heritage of the development of British history. Generally speaking, the setting of such literature is basically around an isolated island which is far from human society. The characters usually follow a primary lifestyle so that illustrate the courageRead MoreWilliam Golding s Lord Of The Flies1745 Words   |  7 Pages1954 novel, Lord of the Flies by Nobel Prize-winner William Golding is a dystopian allegory indicative of vast aspects of the human condition. Set in the midst of a nuclear war, the text details a group of marooned British school boys as they regress to a primitive state. Free from the rules and structures of civilisation and society, the boys split into factions - some attempting to maintain order and achieve common goals; others seeking anarchy and violence. The novel is based on Golding’s experienceRead MoreWilliam Golding s Lord Of The Flies1776 Words   |  8 PagesMaybe the beast is us (Golding 85), in the novel, Lord of the Flies, by author William Golding, Golding uses the entire book as social commentary. The social aspect he focuses on is man’s ability to be evil and destructive. William Golding uses three specific literary devices to convey this idea; characterization, diction and symbolism. Lord of the Flies explains man s capacity for evil which is revealed in his inherent human nature, which he cannot control or ignore. The hidden evil withinRead MoreWilliam Golding s Lord Of The Flies1119 Words   |  5 PagesWhat is human nature? How does William Golding use it in such a simple story of English boys to precisely illustrate how truly destructive humans can be? Golding was in World War Two, he saw how destructive humans can be first hand, and how ‘normal’ people can turn into savages. In the book Lord of the Flies by William Golding, Golding uses the theme of human nature to show how easily society can fall, and how self-destructive human nature is towards itself. Throughout the story there are recurring

Cultural Taboos The Japanese Culture - 996 Words

Cultural Taboos: The Japanese Culture. As human beings, we all have biases, it is a part of who we are. As a student going into human services it is my job to learn about some of the diverse cultures I will be encountering to hone my skills as a human service professional. In this paper I will be discussing some of the various aspects of the Japanese culture that will better help me understand my potential future clients, provide them with the best service possible, and do it all with the utmost respect. Japanese immigration happened largely in 1868 when the Japanese industrialized causing many to lose their jobs. With unemployment so high many fled to other countries such as America looking for employment opportunities. The Chinese†¦show more content†¦According to Brown Ju John Brown (pg 54) the Japanese are not a touch-oriented society or people. When they greet each other, they do not hug or have bodily embraces. In Japan when greeting someone it is common to bow. If the person you are greeting is of a higher social status than you are, you are supposed to bow deeper than the other person and for a longer amount of time. While not touch-oriented they will sometimes greet others with a handshake while still bowing. The bow is representative of saying hello, goodbye and is a way of showing respect. Whether my client is of Japanese orientation or another I would not attempt to hug my client. I would greet my client by saying hello and if they held out their hand for a hand shake I would shake their hand. I would also ask my client what they would be comfortable with on our first meeting. To help set up and understanding and comfort level for my client. (Ju Brown John Brown 2006, pg 54) Silence is used in the Japanese culture as a form of communication. As a human service professional, I might say something that my client my not agree with. Instead of verbally expressing their disagreement, the client might show their disagreement by frowning or even looking away. Staring at someone for a long time is not an acceptable behavior in the Japanese culture. Instead of holding constant eye contact with the client, I might implement a series of small glances to insure my client knows that I amShow MoreRelatedEssay on Case Study1146 Words   |  5 Pagesmisinterpretations are female-male interaction, respectfulness, attire, and language. Keywords: interview, respect, Japan, persuasion, taboos In scenario number two, Margaret Owens is getting ready to conduct interviews in order to find Japanese representatives to help her company market a line of pharmaceuticals in Japan. After having her interview with the Japanese representative she was pretty much flabbergasted with how the interview went. Even though each representative had remarkable academicRead MoreModern Culture : The Japanese Manga A Sub Culture Based Around Graphic Novels1606 Words   |  7 PagesIn Japanese modern culture, patriarchal constructs rule everyday ideology of what it is to be feminine, how the female body should look, and appropriate female sexual behaviour. Representations (and expectations) of the female form and sexuality are well depicted in the Japanese manga: graphic novel artwork that is read ubiquitously throughout Japan. Exploration of this art-form and the culture that grows around it provides a unique insight into current cultural attitudes in Japan. Shojo manga -Read MoreThe Metaphor O f Organizations As Culture, Ideology, And Ethos Of The American Commercial Markets886 Words   |  4 PagesMorgan used the metaphor organizations as culture to frame the complex relationships that exist within organizations. Examining organizations through metaphor allows one to imagine concepts and ideas through their own experiences. According to Morgan the power of metaphors is their ability to challenge innovative reasoning. Metaphors combine language and thought to develop new non-literal meanings, when applied they shape and enhance our reality. According to Morgan there has been extensiveRead MoreCultural Changes During Japan Post Wwii1664 Words   |  7 PagesCultural Change in Japan Post WWII Often in America, the public is educated about the victories of the nation, such as in World War II (WWII); however, they are unaware of the after effects it imposed onto other parties (enemy nations). Specifically, Japanese people lost their defenses, and the lifestyles of the citizens were significantly modified. Moreover, Japan was part of the Axis powers during the war and gained worldwide attention when the island attacked Pearl Harbor, a United States NavalRead MoreThe Second Generation Asian Americans1034 Words   |  5 Pagesparents ever did and that caused a lot of concerns and tension between them and their parents. The Second Generation Asian Americans experienced tension between their parents with the emergence of the second generation, the influence of the American culture, creating their own paths and future, and the racial discrimination while growing up. The emergence of the second generation bloomed quickly and by 1930, 41% of the Chinese population in America was naturalized born citizens. The birth of a childRead MoreReflection On Self Awareness1416 Words   |  6 PagesReflection on Personal Cultural Self-Awareness When I was younger, I didn’t quite understand the differences between the Native Taiwanese and Mainlander in Taiwan, where Mainlander referred to Chinese migrants during or after the period of the surrender of Imperial Japan, and World War II. It wasn’t until much later that I understood why Taiwanese divided among themselves. I was told my mothers side of family has experienced the White Terror, which refers to the entire period from 1947 to 1987,Read More The Many Faces of Culture Essay1372 Words   |  6 PagesDefining culture has been a debate among sociologists and anthropologists since the 19th century. Culture is vital for the perseverance of a society and has its own identity that distinguishes it from others. Culture is not rooted into a person from birth, but it is learned from wherever he or she is from. It acts in a subconscious manner in that when a culture differs, one society may find another society to be odd. Every society has a different culture where the people share a specific languageRead MoreEssay on intercultural communication1346 Words   |  6 Pagescrucial factor towards the success of Global business. Because different cultures have different values, conflicts and misunderstandings are unavoidable. Most dominant of the challenges in Global business is the communication. Compani es realize that professional business knowledge is not sufficient to achieve success unless you were aware of the intercultural communication. Therefore, the thesis emphasizes different cultural values have different business behaviours. To be successful in interculturalRead MoreGlobalization On Business Management : The Multinational Company Essay1014 Words   |  5 Pagescompany must be observant to cultural and ethical considerations of their host company. Culture shock experienced by managers who work abroad Culture is immeasurably important due to its impact on how social, societal and professional behaviours are interpreted and what is considered taboo and what is not. Some cultures are more hierarchical, while others have flatter social structures. In business, the relationship between an employee and a boss is important as one culture may encourage open dialogue;Read MoreA Report on Japanese Culture Essay1086 Words   |  5 PagesA Report on Japanese Culture Folkways: While most countries have business cards, Japan has taken it to a higher level. For in Japan everyone has at least one. Known as #8216;Meishi#8217;, these cards are an important part of social interactions. They are used for starting conversations, for if you know what the other person you are talking with does for a living you have an idea on what to talk about. It also allows you to be remembered after you both part company. You should always be

Emerging Economies free essay sample

Multinational corporations (MNC’s) are consistently looking for new unsaturated markets to tap into in optimisms of expanding their business and capitalizing on future industry trends. General Electric Healthcare (GEH) is one of these MNC’s trying to capitalize on the incessantly rising healthcare industry. In 1878, Thomas Edison founded General Electric (GE), which is the corporation that established GEH in 2004. GE was the first company to invent the household light bulb and has successfully ventured forwarded in the electric industry through its innovations and manufacturing of household appliances, lighting fixtures, light sockets, to founding one of the nation’s largest computer companies. The company recently established GEH in 2004 to tap into the expanding healthcare industry and in 2005; GEH innovated and manufactured the world’s first high definition magnetic resonance (HDMR) system (â€Å"About Us†, 2013). GEH has recently expanded its operations into India and China; their India operation is developing new drugs for the healthcare industry and their China location is busy manufacturing X-ray equipment for the healthcare industry. This paper will discuss GEH business operations and the following: Two trade theories that explain why GEH has expanded operations into India and China An explanation of the trade theories and an evaluation of GEH’s reasoning of utilizing the theories Potential pitfalls in GEH’s strategy An evaluation of GEH’s human resource strategy in China and India A proposal for training and preparing expatriates for their assignment overseas in India and China Trade Theories The two trade theories for discussion are Comparative Advantage and National Competitive Advantage. Comparative Advantage Comparative Advantage was introduced in 1817, by David Ricardo in his book ‘The Theory of Political Economy and Taxation’. According to Ricardo, the Comparative Advantage is when â€Å"two nations and two commodities, even if one nation is less efficient than the other nation in the production of both commodities, there is still a basis for mutually beneficial trade† (Gunawardan and Khorchurklang, 2007, p. 1). If one country specializes in the production and manufacturing of a particular product and then exports it whiling having the comparative advantage and then imports the goods due to the comparative disadvantage (Gunawardan and Khorchurklang, 2007). According to Landsburg (n. d. ) having a comparative advantage is not the same thing as being the best at something, it is the ability to produce a good at a lower cost. Different countries have different comparative advantages. For example, China has a comparative advantage in its labor-intensive manufacturing industry (â€Å"What are the U. S. and China’s Current Comparative Advantages? , n. d. ). GEH has moved its X-ray business quarters overseas to China. According to Burkitt (2011), the reason GEH moved its headquarters was to â€Å"accelerate sales in the country’s fast-growing health-care market† (para. 1). There is also an abundance of cheaper and skilled labor in China. GEH can utilize China’s labor-intensive manufacturing industry and tap into an emerging market. GEH understands that China governments are beefing up their spending on healthcare (Burkitt, 2011). This alone provides China a comparative advantage because it has the demand for healthcare that the U. S. has already saturated. Therefore, the U. S. picked China for several reasons: 1). Emerging market for healthcare 2). Cheaper and more efficient labor resources 3). More skilled labor; employs approximately 700 engineers (Burkitt, 2011). These reasons enable GEH to not only innovate but also produce at a cheaper price and a quicker rate, and in addition, tap into an emerging market. Although GEH’s international strategy seems a win-win situation there can be potential pitfalls when moving operations overseas and tapping into an emerging market. The corporation might be excited to find they are utilizing the First-Mover Advantage by moving into an emerging market to set up shop (Kokemuller, n. d. ). The company may even anticipate building success by becoming a recognized brand in the industry but there is risk that this can back fire and a second corporation may come in and steal that anticipated success through better innovation and even cheaper product and labor. In addition, the country that is manufacturing the product could decide to make a similar product forcing the other country out. National Competitive Advantage Hill (2008) describes Michael Porter’s â€Å"Competitive Advantage of Nations Theory of posits that within specific industries, clusters of expertise result from highly competitive national environments† (p. 616). Michael Porter created the theory of competitive advantage when he began to realize the economic reality could no longer be explained based on the comparative advantage theory only (Laurentiu, n. d. ). The competitive advantage theory is based on several determinants: Factorial determinants: Porter realized there were other important factors that should be considered besides the classical economic theory of labor, land, and capital such as natural resources, human resources, knowledge, capital, and infrastructure (Laurentiu, n. d). Demand: â€Å"structure of the domestic market which determines the quality level of the goods,† (Laurentiu, n. d. , p. 3495), predominant domestic buyers, and needs of domestic buyers (Laurentiu, n. d. ). Up and downstream industries: if a company has a strong position in the international market and are more concentrated and specialized in a horizontal and vertical industry with lots of information to bring forward this will provide a competitive advantage (Laurentiu, n. d. ). The structure and strategy of companies and their rivalries (Laurentiu, n. d. ). This relies heavily on the form of ownership, the goals and strategies of the company, and the motivation of everyone involved including the employees. The government and government policies plays a significant role (Laurentiu, n. d. ). The National Competitive Advantage can help analyze why GEH has currently moved its pharmaceutical development to India. The pharmaceutical companies in India are the largest generic medicine providers in the world (Kumar, 2013). This is due to India’s government refusing to recognize certain pharmaceutical patents, which enables them to produce generic drugs at low costs which other countries are unable to compete with (Kumar, 2013). Avoid Pitfalls A potential pitfall for GEH moving their pharmaceutical development to India is the dependence on another country. Although India currently produces generic drugs because their government refuses to recognize pharmaceutical patents does not mean that they can always refuse to recognize those patents. GEH needs to have a back-up plan in place if the India government decides to acknowledge the patents in the future and expenses increase. GEH can avoid potential pitfalls by: Planning and strategizing Predicting future variables such as analyzing the: Resource allocation Location Marketing Raw materials Labor expenses Transportation expenses Technology Environmental factors Appropriate forecasting GEH’s Human Resource Strategy Human Resource Management is a crucial component to the success of an MNC. According to Glinow and Milliman (n. d. ) many MNC’s have not kept up with the persistent and constant changes in an increasingly competitive global economy. GEH has, and they have developed some human resources strategies for their India and China. GEH has developed a Human Resources Leadership Program (HRLP) to help develop and challenge their employees. GEH believes that their people and HR is their competitive advantage. GEH is recognized for their number one leadership development program. They train their employees to gain global leadership skills and business acumen. The HRLP program is a two-year program that provides job assignments and global business projects. The program also provides the opportunity for candidates to complete international rotations due to GEH’s massive global business ventures. According to Glinow and Milliman (n. d. ) â€Å"it is much easier to prescribe what organizations should do then it is for firms to implement effective IHRM practices within the framework of their global strategic thinking† (n. p. ). Preparing Expatriates for Assignments As discussed previously GEH has an extensive leadership program for their employees to learn about the business, management, and appropriate handling of international business. Their program consists of sending candidates overseas for rotations pertinent to the company’s operations and success. This is crucial prescription for their international business success. Expatriates are employees in the U. S. working for MNC’s that send them overseas to handle international business operations. In order for them to succeed, the right candidate must be selected; terms of the plan must be documented and reviewed; and proper preparation of the employee for relocation must be conducted. In order to prepare and train expatriates for their overseas assignments these are the following recommendations: Provide a structured program for a year or two for potential candidates that involves understanding the MNC’s business operations, culture, and management practices. For example, LG Electronics has developed an MBA program specifically designed for their company. Depending on what countries the MNC’s operate in or want to penetrate, courses can include those countries cultures and business practices. For example, some countries value being on time more than they do building personal relationships with potential business partners. It is important to understand what is considered important business procedures in that particular country so an expatriate does not lose business prospects. The legal issues of doing business with other countries. For example, the U. S. has laws against bribery but some countries will accept briberies for business deals. Compensation information such as how much they will be paid while overseas, what the currency is equivalent to in that particular country. Housing and transportation concerns. How to respond to any emergency situations during natural disasters, crisis, or death. Liability issues regarding employment laws in the other countries. Medical, vacation, and holiday leave and pay. Employment taxes. When markets in developed countries are approaching a saturation level and consider moving into untapped markets in emerging countries such as China and India, there is much planning and strategizing in order to successfully penetrate the market and make a profit. As discussed previously, figuring out what your country’s competitive advantage is in the market and the other countries competitive advantage in the market is key to bringing both countries together to provide the best product/service at the lowest cost. For example, one country may be known for their excellent and abundant cheap labor resources while the other country may be known for their innovation and technological resources. Although a company can have the best plan to penetrate into an untapped market in another country, they must find the right candidates to conduct business affairs overseas. AS discussed previously education and training are vital for the success of a company moving operations overseas. In order to have the right candidates, much is involved in training and developing the right program is essential. The program must cover key pieces such as the other countries’ culture, business policies, procedures, laws, and regulations, employment laws such as child labor laws, their compensation and taxes, housing and transportation. It is vital for the MNC to find the appropriate market to tap into and find the right country that will help benefit their operations along the way. Cheap resources and labor are not the only factors an MNC needs to look at when considering moving overseas.