Domestic vs International Trade - 1902 Words

Domestic Vs International Trade Mohammad Tariqul Islam Domestic Trade: Trade among parties in the same country. Domestic trade is the exchange of goods, services, or both within the confines of a national territory. They are always aimed at a single market. It always deal with only one set of competitive, economic, and market issues. The trading is always with a single set of customers all the time, though the company may have several segments in a market. Finally local trade or home trade or Domestic trade may be sub-divided into Wholesale trade, and Retail trade. International Trade: Trade among parties residing in different countries. International trade is the exchange of capital, goods, and services across international†¦show more content†¦These factors of production do not move with such freedom among different countries due to differences in culture, climate, language, customs and political restrictions imposed by regulatory authorities. This immobility gives rise to wage and interest differentials among countries. †¢ Different currency system introduces additional cost and risk in international trade as the value of currencies is constantly subject to variations. †¢ As long distances involved transport costs for international transactions are higher than for domestic trades. Home trade is called domestic trade in some countries. These are the differences as seen by me. 1. For home trades, payments could be made in home currency only. Foreign trades are to be paid invariably in convertible currencies. 2. Home trades generally have no restrictions of movement within the country. In international trade, there are restrictions as to movement of specific goods to specified countries. 3. Home trades have taxes levied by the Government and local bodies. International trades have levies called customs duties. These invariably go to the Federal Government. 4. Documents for domestic trades are comparatively simple and easy to understand and follow. Foreign trades have a different set of documents which must be filed in every case. 5. Insurance of consignments sent on foreign trade are compulsory; in home trade it is optional. 6. Usually,Show MoreRelatedPros and cons of tarriffs1256 Words   |  6 PagesEconomics, a tariff is a form of excise tax, one that is levied only on sales of imported goods (Krugman, Wells, and Graddy 538). Tariffs are generally imposed for two purposes, to protect domestic industries and as a source of revenue (Tariff). The effect of a tariff on a small or a large country would be higher domestic prices because the cost of the tariff is passed on to the consumer (The Basic Analysis of a Tariff). Consumers would be deterred from buying that particular import because of the costRead MoreThe Impact Of Management On The Globalization Of Business900 Words   |  4 Pagesmultinational corporation The impact of globalization on international business International business refers to a wide range of business activities undertaken across national borders. Along with rapidly increasing globalization, international business has become a popular topic and has drawn the attention of busine ss executives, government officials and academics. International business is different from domestic business. At the international level, the globalization of the world economy and the differencesRead MoreAn Agent Of A Foreign Power1750 Words   |  7 Pages702 protects US persons privacy vs foreigner privacy threatens the process of globalization and jeopardizes the benefits that come with it – such as more international trade. 2. Outline: - I am going to expand on the analysis of possible socio-economic consequences of section 702 that the paper, â€Å"Liberty and Security,† briefly mentions. - Next, in a few paragraphs, I am going to comment on the double standards that is used to justify surveillance of US-persons vs Non-US persons (showing of â€Å"probableRead MoreInternational Trade of Developing Countries1155 Words   |  5 PagesInternational trade of developing countries is the classic weak vs. strong dichotomy, and underdeveloped or developing countries cannot make it solely on their own efforts; the have nots need help from the haves. Developed nations trumpet the claim that the answer to developing nations’ international trade issues is untrammeled or open market activity as opposed to government intervention by developed nations’ governments. This begs the question as to what extent the governments of developed nationsRead MoreEssay on Monetary and Economic Policy in Latvia994 Words   |  4 PagesI. Currency war, also known as â€Å"competitive devaluation,† is an international situation in which countries challenge each other in achieving a low exchange rate for their currency. Recently, the most prominent conflict has been that between China and the United States over valuating of the Yuan. This major focus is on China, due to fears that currency manipulation may result in currency wars, and China’s gathering of more than $3 trillion in foreign exchange reserves has evolved to theRead MoreFree Trade Vs. Protectionism952 Words   |  4 Pagesconcepts of free trade and protectionism, the benefits of each of the different policies and cases in which such policies are used, as well as conflicts generated by those political decisions. Then, discuss the terms of international competitiveness so, with both approaches, I can establish a conclusion to the question. Free trade vs. Protectionism General Introduction to the concepts The free trade are the existing agreements between various countries to significantly reduce trade barriers amongRead MoreTrade Between Uae and Ksa1213 Words   |  5 PagesTrade Discussion Saudi Arabia is considered to be UAE’s most important neighbor. It is the largest neighbor in terms of economy, geographical size and population. KSA’s gross domestic product (GDP) in 2007 was $ 376 billion while UAE’s GDP was $193 billion [1]. Both UAE and KSA are oil-producing countries, which implies that the exports and imports commodities are not crude oil. However, UAE imports refined petrochemicals and plastics, which are considered to be the downstream product of crudeRead MoreWhat Would Our Nation Do Without Globalization and International Trade? 1574 Words   |  7 Pagesstrategies. Becoming international is an important factor in assisting organizations in becoming globally competitive. Strategic imperatives have helped in the development of globalization. Organizations can no longer stand still while their competitors grow stronger. This causes organizations to seek out new markets. Survival is a key indicator for an organization to enter into a global market place. What would our nation do without globalization and international trade? Below is a list ofRead MoreU.s. Trade Policy Policies1606 Words   |  7 PagesU.S. Trade Policy Throughout history, the United States’ trading policies have shifted from early protectionism intended to generate revenue and support domestic industry growth to a high degree of free trade within the international trade market (Carbaugh, 2015). In between, policy changes designed to increase and decrease tariffs were enacted due to pressure from politicians, economists, industries, citizens and other countries. Yet, emphasized in the ensuing paragraphs, America’s continuous effortsRead MoreThe Role Of The International Trade Environment On A Free Market Type Environment Versus One With Heavy Government Regulations Essay1137 Words   |  5 Pagesand sustainable share of the benefits of the international trade environment. There is a large contrast between a system operating in a free market type environment versus one with heavy government regulations and intervention. It is important to examine industrial policy, strategic trade policy, trade problems facing devel oping nations, import substitution and export-led growth. Government Role in Developing Countries with Regard to International Trade Developing countries is a term that has been

Masculinity In Beowulf - 1745 Words

Masculinity Past vs. Present Did you know there is a great controversy with today’s society, putting men over women? It is sparking debates across the world on why men are thought to be stronger and be able to do more activities than women. There is an ongoing debate between men and women on equality. Beowulf and contemporary culture assert their masculinity through physical strength, financial wealth, honor, perseverance, reputation, and intelligence. In Beowulf’s Society, physical strength was thought of a man who could conquer anything that he would be faced with, such as a monster like Grendel. Another example from Beowulf, is when he says to Unferth â€Å"I was the strongest swimmer of all† (Heaney 534). This shows that Beowulf was†¦show more content†¦Another important thing is talking about how financial wealth plays a role in masculinity. Financial wealth played a vital role in Beowulf’s society, such as when Shield Sheafson had all of that treasure buried with him when he died, â€Å"Far-fetched treasures were piled upon him, and precious gear† (Heaney 36-37). In Biblical times, masculinity was also associated with having wealth in order to support his household, â€Å"But if anyone does not provide for his own, and especially for those of his household, he has denied the faith and is worse than an unbeliever.† (New International Version, 1 Tim. 5.8). Now in today’s culture, men are associated with having the most money in the household. This is most definitely true, because there have been studies that show there is a wage gap between men and women, â€Å"2016, women working full time in the United States typically were paid just 80 percent of what men were paid, a gap of 20 percent† (Miller, â€Å"The Simple Truth about the Gender Pay Gap†). There is a vast difference betwe en Beowulf’s culture and ours, it’s the fact that women now pursue a higher education to achieve a more successful life than just letting a man making more money stop them and women also work outside of the house now, â€Å"Women are graduating from college and attending graduate schools at higher rates than men† (Adamczyk 2016). Overall, men being put in charge of money have changed in a great deal over the years,Show MoreRelatedMasculinity In Beowulf1977 Words   |  8 Pages Competition and fear of emasculation (castration): two phrases commonly associated with men and their struggle for excellence even in today’s society; however, there is more to this absurd idea of masculinity than what one might accept at face-value. Back before 700 AD, the Jutes, Angles, and Saxons ruled small, individual kingdoms across a portion of what we call Europe. Their only uniting factor was a collective fear of invasion from foreign enemies which would usually result in massive bloodshedRead MoreBeowulf Is Not Your Average Viking Warrior1498 Words   |  6 Pagesimages in medieval literature capture masculinity as well as the sword. Its phallic shape and use of dealing harm by penetrating your foe make it the ultimate allusion to the male anatomy. However, in this battle between Grendel’s mother and Beowulf, our hero’s sword cannot seem to perform its intended function. This failed display of masculinity by Beowulf is only one of many that suggest that he is not your average Viking warrior. The Beowulf poet in, Beowulf, challenges the idea of a womanizingRead MoreEssay on Womens Role in Beowulf1707 Words   |  7 PagesWealhtheow: The Role of Women in Beowulf Beowulf is an epic tale written over twelve hundred years ago. In the poem, several different female characters are introduced, and each woman possesses detailed and unique characteristics. The women in Beowulf are portrayed as strong individuals, each of whom has a specific role within the poem. Some women are cast as the cup-bearers and gracious hostesses of the mead halls, such as Wealhtheow and Hygd, while others, Grendels mother, fulfill the roleRead MoreThe Religious Principles Of Beowulf1236 Words   |  5 PagesSyncretism is defined as the combination of different beliefs or practices. This term is an important topic within Beowulf, since the poem has obviously united two religious principles. Beowulf is dedicated to expressing and explaining the Germanic heroic code, but there are specific moments when Christianity and paganism over laps. Though Paganism focuses on victory, honor, and masculinity the author manages to add the act of forgiving your enemies, the significan ce of the monsters within the poem andRead MoreEssay on The Role of Women in Beowulf1640 Words   |  7 PagesThe Role of Women in Beowulf Beowulf is an epic tale written over twelve hundred years ago. In the poem, several different female characters are introduced, and each woman possesses detailed and unique characteristics. The women in Beowulf are portrayed as strong individuals, each of whom has a specific role within the poem. Some women are cast as the cup-bearers and gracious hostesses of the mead halls, such as Wealhtheow and Hygd, while others, Grendels mother, fulfill the role of a monstrousRead MoreAnglo Saxon Mother And Grendels Roles Of Anglo-Saxon Women922 Words   |  4 PagesAnglo-Saxon women had specific roles in society: mother, wife, hostess, mediator, and retainer. Any woman that did not fit in this societal mold was rejected and considered unfeminine, which, at the time, was synonymous with monstrous. In Beowulf, Grendel’s mother is characterized as a monster because of her defiance of Anglo-Saxon gender roles and failure to follow the social expectation of hospitality, which is enhanced by her juxtaposition to Wealhtheow. Grendel’s mother challenges the rolesRead MoreA Comparison Of Thor And Beowulf728 Words   |  3 Pages Beowulf has delighted and intrigued a wide array of people for centuries. The timeless nature is visible in modern-day extensions of this epic, through heroics and battles of good versus malevolent forces. Beowulf continues to appeal to sophisticated audiences because it tells the story of a great hero prevailing over evil, a timeless theme valued by society and portrayed by his counterparts in modern media, although these new heroes display more complex qualities. Beowulf can be compared to MarvelRead MoreBeowulf: An Intersection of Christian and Pagan Ideals688 Words   |  3 Pages Beowulf: An intersection of Christian and pagan ideals The epic poem Beowulf is the story of a great, ideal hero of Anglo-Saxon, pre-Christian culture transposed into Christian times. It stands on a crossroads of literature: on one hand, it is not written in conventional, standard English and unlike Chaucer it requires a modern translation for a contemporary reader to comprehend it. On the other hand, its essential themes reoccur time and time again in English literature. Its pagan roots areRead MoreMasculinity : Portrayal Of Masculinity2222 Words   |  9 Pages‘Masculinity refers to the social roles, behaviours, and meanings prescribed for men in any given society at any one time†¦ Although we experience gender to be an internal facet of identity, the concept of masculinity is produced within the institutions of society and through our daily interactions (Kimmel 2000)’ . As the type of behaviour and ideals that constitute as masculine vary depending on the social context of the time, the portrayal of masculinity in B eowulf and SGGK (Sir Gawain and theRead MoreAnalysis Of Anglo-Saxon Culture In Beowulf1031 Words   |  5 PagesAnglo-Saxon culture, as conceived through the context and writing of Beowulf, provides a clear glimpse into the lives, modes of function, and habits of the ancient society. In this, many aspects of their culture can be understood from reading the epic and analyzing the importance of it’s contents. However, certain details about large cultural ideologies, such as Anglo-Saxon beliefs concerning the universe and conduct, convey a deeper and more important understanding of Anglo-Saxon society. These

Pricing Decision free essay sample

Week 4 Assignment Pricing Decisions BUS 612-Advanced Project Procurement October 01, 2012 Pricing Decision One of the most important and complex decisions a firm has to make is how much to pay for its items and services. The buying professional should be able to detect easily exceptionally high prices. Thus, it is necessary to give meticulous consideration to pricing decision when buying products and services. Pricing is one of the most important decisions a marketer makes regarding a product since price plays a crucial role in competitiveness and consumer demand.Marketers must determine price at the initial stage of a products life and re-evaluate pricing to manage the delicate balance between production and profits (Benton, 2010). No product can succeed if its pricing is too out of line with standards in its industry. A thirty ounce can of peanuts no matter how good cannot be priced at ten dollars and expect to draw a consumer following that allows it to achieve beyond a niche in the market. We will write a custom essay sample on Pricing Decision or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When developing pricing strategy, managers must do a thorough evaluation of competitor pricing to determine the prevailing pricing structures and how their product is positioned. Pricing StrategyPricing strategy refers to method companies use to price their products or services. Almost all companies, large or small, base the price of their products and services on production, labor and advertising expenses and then add on a certain percentage so they can make a profit. There are several different pricing strategies, such as penetration pricing, price skimming, discount pricing, product life cycle pricing and even competitive pricing (Stevenson, 2010). When considering how a price should be set, one fundamental question should be answered, what the organization is attempting to achieve with this price (Indounas, 2009). How the product is priced has an effect on the success of the company. â€Å"Price reflects more than cost and profit; pricing decisions also must be based on the degrees of competition and buyer seller relationships† (Benton, 2010 p. 297). Prices must cover cost, be set to preserve equilibrium in the market place, and set to assure sales. â€Å"In order for the purchasing professional to survive as an effective buyer, she or he must have an adequate understanding of economics and psychology. In addition, the federal, state, and local laws that affect price also must be followed† (Benton, p. 294, 2010). In today’s competitive environment in which customers are demanding more service and quality, market pricing is perhaps the most popular approach. Market pricing is in the interests of both the selling firm and the buying firm. In the end, the buying firm must determine whether the purchase price fits its competitive cost structure (p. 294). Pricing strategy refers to method companies use to price their products or services. Almost all companies, large or small, base the price of their products and services on production, labor and advertising expenses and then add on a certain percentage so they can make a profit.There are several different pricing strategies, such as penetration pricing, price skimming, discount pricing, product life cycle pricing and even competitive pricing. Benton (2010) discusses pricing strategy as Price-Setting strategy: Economic and Price-Making Strategy: Psychological. The price setting, economic focus on â€Å"target† market pricing, target pricing is practiced when the buying firm determines whether the purchase price fits its competitive cost structure. Price-making strategy consists of several types of discounts, trade discounts, quantity discounts, and cash discounts (Benton, 2010).Mullins (p. 307, 2010) outlines several other pricing strategies, such as, market skimming, market penetrations, price adaptation and cost-plus pricing. Market skimming involves charging the highest possible price for a given product; market penetration is a strategy to keep prices relatively low in order to gain market share; price adaptation keeps prices relatively low in order to gain market share, and cost-plus pricing assures that all costs, both fixed and variable are covered in the desired percentages (p. 71). Company Using Purchasing Strategy Dell is a company that has used a purchasing strategy to improve the financial impact of the company. Historically, prices were determined through bargaining or negotiations between buyers and sellers. Different prices were set based on the buyer needs and bargaining skill. The establishment of one price for every customer is relatively new phenomenon that came about with the rise of retailers but price still remains a major factor in affecting consumer-buying decisions.The ability of price to affect consumer decision and its flexibility makes pricing strategies important in meeting Dell’s objectives in a competitive environment (Dell 10-K, 2005). The main objective of Dell is to produce the low price and profitable notebook for the customer. For Dell Company, all the prices that they sell are posed to the internet and that is usually based on the e-commerce market (eweek, 2001). The main reason for successful pricing strategy is having a reasonably precise idea of supply and demand.Dell Company has set different types of pricing based on the home user, small business user and medium or large business user. The pricing structure changes as the products move through their life cycle. Dell is the low-cost leader in the industry. Dell’s highly efficient supply chain management and manufacturing organization, efficient direct business model, and concentration on standards-based technologies allow â€Å"Dell to maintain the lowest cost structure among its major competitors, and to pass those savings to its customers.

Shakespeare`S Biography Essays - Kings Men, William Shakespeare

Shakespeare`S Biography Shakespeare Shakespeare was born in Stratford-upon-avon. His mother's name was Mary Arden, a member of the gentry. His father's name was John Glover Shakespeare, a commoner. John tried to regain their position in society by getting a coat of arms, but was rejected three times. William later, after achieving his fame, received a coat of arms known as Not without right that was in the shape of a shield. At the tender age of 14, (1578) William was apprenticed to a butcher. At 17, (1581) he was a liberteen, or a very wild and rambunctious teen. In 1582, between the ages of 18 and 19, William met Ann Hathaway, 26, and she became pregnant. The two got married and had a little girl named Suzanna, who later married a doctor, Thomas Nash. They also were blessed with twins, Judith (Juliet) and Hamnet (Hamlet). They both died before adulthood. William was no super model. He was bald, had the unattractive brown hair for the time, and was a country bumpkin. Although he had these unfavorable physical characteristics, he was still able to have many affairs behind his wife's back. In London especially, he had many affairs and was a wild party guy. Ann didn't like her husband's ways and was constantly nagging him. Because of her nagging, William left her their second best bed and nothing more. People don't know whether it was a sentimental gesture or just for spite. In 1588, Comedy of Errors was written, which is said to be his first play. 1588-1612 were known as his London days. He left Stratford at the age of 24 and went to London first, to get away from his wife, and second, because he was wanted for poaching deer at Charlcote Manner. In London he joined a theatrical society known as Lord Chamberlin's Men. William's patron was Lord Chamberlin. William was considered a low comedian during these times. Tragedians were considered great, but comedy was low. In this theatrical society, William conducted his stage career, but he was quite drunk much of the time. One night, he was even found under a tree in which he had fallen in a drunken stupor and forgotten where he was. His affairs were abundant and he was known as the country bumpkin from Stratford. Christopher Marlow influenced Shakespeare's tragedies and was also a rival. Ben Johnson influenced Shakespeare's comedies. In 1592, he was a successful playwright and actor. He wrote dramas, played cool parts, but never published any of his plays. In 1593, Venus of Adonis was published. 1594-1610 he acted and wrote plays on an average of two a year. In 1597, he bought a home in Stratford. 1602-he bought a large estate. 1609-published some sonnets in a collection. 1612-retired to Stratford. On March 23, 1616, William wrote his will and on April 23, 1616 he died. Richard Burbage was one of the original tragic actors in Shakespeare's plays. He was a guiding light of the project to edit and publish all of William's work. The Globe Theater was where all of his plays were performed. Bibliography i made it Shakespeare Essays