Preferential Hiring in the North Essay Example for Free

Preferential Hiring in the North Essay Inuit in the north, specifically in Nunavut, have an agreement with the government that they receive special benefits to help with day-to-day problems because of what happened to their people in the past. It is common knowledge that when explorers and traders first went to the north, they mistreated the aboriginals up there. They introduce alcohol and tobacco, they forced them to become sedentary by killing off their sled dogs and setting up trading booths for fur trades and such, and they quickly made them become â€Å"Europeanized†. This is not a proud part of Canadian history, and there have been measures taken to try and make up for the wrongs that were done. One of these measures is preferential hiring for Inuit. Although preferential hiring may seem like a fair arrangement given all that has happened, it is incredibly unjust and creates unnecessary problems. It is a fact that in the north the government has to hire a certain percent of Inuit when they are filling job positions. I do not agree with this because what ends up happening is that to be able to meet the agreed amount of beneficiaries hired, the government then has to employ people who may not have the qualifications necessary for the job, or who aren’t as trained and competent as other candidates. What also happens in many cases is that the requirements necessary to apply for a position get watered down until they are simple enough to target a larger crowd. This results in a slow-moving government with poor decision-making skills and no proficiency nor productivity. For example, a couple of years ago, in Iqaluit, there was a position as a secretary of a school that needed to be filled. However, there were no Inuit who applied that had enough qualifications for the job, so the school board then had to change the contract, saying that the minimum education requirement was a grade 10 education. A secretary of a school has many responsibilities, and I feel that it is needless to say that a pers on working in a learning facility should have a minimum of a high school diploma. That example was not an uncommon occurrence, it happens far too regularly in the north. It is a huge part of the reason why there is no motivation for a higher education in the youth of the north. These individuals know that if they can at least graduate high school, then they are almost guaranteed a job, and often a six digit salary (or very close to  it). They become lazy, and do not want to waste their time going to get a post-secondary education when they can easily get a job without one. This leads to my next point. There are many people who apply for the government jobs who have all the necessary qualifications and have the proper training and experience for the job, who don’t even get considered simply because of their nationality; if they aren’t Inuit, they aren’t wanted. This is borderline racism. The most qualified person should receive the job; all other factors (within reason) should be irrelevant. It is unfair towards all those who take the time and spend their money going through university, to be overlooked because there was a beneficiary with a high school diploma who also applied for the job. My final point is that there is no reason whatsoever for an Inuit not to have the proper credentials for a job apart from pure laziness. They are given all the opportunities imaginable, and it is their own fault if they do not take them. There is no excuse anymore for them not to have an education, because the government pays for their entire schooling. In fact, Inuit students get paid to go to university and other educational facilities. They are actually making money instead of going in to debt like most students. Therefore, one might wonder, why would someone not want to go to university and get a higher education if they are being paid for it? And the answer is because they do not need an education to get well-respected and well-paid jobs. There are plenty of examples why preferential hiring for Inuit is in fact handicapping them instead of helping them. The efficiency of the government in the north is nowhere near the same as the rest of Canada, and it is due to a lack of qualifications of those who are preferentially hired. By eliminating preferential hiring, you would be increasing motivation for a higher education and a better working society.

The Road To Cashless Economy Using Technology Finance Essay

The Road To Cashless Economy Using Technology Finance Essay Technology advances almost everyday and affects almost every part of our lives and in every industry. The latest advancement, or idea, is a cashless economy. This would eliminate the need for cash in our economic system. Are Americans ready for this? Can this really work? Americans will definitely need a lot of information before adjusting to this change. The younger generation seems all for it, and is already mostly using debit and credit cards. With so much fraud and counterfeit, could checks and cash soon be a thing of the past? What is a Cashless Economy? A cashless economy is a system where payments are made by electronic means rather then using cash or check to pay for goods or services. In an economy that is cashless, a person would pay with plastic methods like credit cards, debit cards or smart cards. This type of transaction electronically moves money from one account to another rather then using the traditional forms of exchanging printed currency or checks. In the time period of 1999 to 2005, the amount of card-swiping terminals tripled to the number of 6.9 million. (Samuelson, June 2007) This figure compares to the fact that 9.1 billion bills are printed each year in the United States, but 95% of that is to replace old and worn out bills and not to expand the supply of paper currency in circulation. In 1996, checks and cash were the payment method for 80% of transactions in the United States and that figure is now reduced to half. (Samuelson, June 2007). It is predicted that in 2010, cashless options will be used for 70% of transactions. For some situations, cash is no longer an option. American Airlines will no longer take cash for payment in flight for drinks and snacks offered. (Associated, May 2009) Other businesses will not accept checks as a form of payment and will only accept cash or electronic options. These facilities include major chains like Subway, McDonalds and Burger King. The largest retailers, Target and Wal-mart, will accept a check, but it is processed electronically rather then the paper deposits and paper trails of yesterday. Woodfords Model of Cashless Economy There has been much debate over Woodfords model of a cashless economy by many experts in the field of economics. Most experts believe that although some of the ideas brought forth make sense, the model is still incomplete because in real world economics, central banks can affect nominal interest rates. In Woodfords model, he assumes that this does not relate to the real world economy. Woodfords argument is that banks have committed themselves to straightforward objectives to control inflation but price stability creates a basis for economic performance. The basic questions brought about by Woodfords theory are: Should central banks control interest rates? As of now, banks follow a rules-based approach through interest rate targeting which is the preferred policy option. The most relative concepts of Woodfords model are: a pure credit economy, natural rate of interest, cumulative process and rules for monetary policy. In Woodfords model, markets are perfectly competitive, prices adjust continuously to clear markets, and there exist markets in which state-contingent securities of any kind may be traded. In this case, no one would have to hold money and all payments could be handled by transfers or other assets. Basically, all base money would be held in and transferred between bank accounts. In Woodfords cashless economy, he analyzes the need for money to hold according to household demands by holding stocks of assets by which the bank can still profit by generating flows of credit. In this setting, there would need to be perfect competition and complete financial markets making nominal assets that substitute for money. According to the rules of this system, the bank would become the price-taker, not the price-maker. Unfortunately, there is no such th ing as a perfect or complete market, so Woodford allows for central banks the power to vary their price, however, in this scenario it takes away from the purpose of the model in that it is no longer free of monetary friction. Woodfords model of a cashless economy is a concept that may not have an opportunity to be implemented by the central bank system because shortcomings may halt the process of converting to a pure credit economy. Woodford will admit that his model does have its own set of problems. The only way his price setting theory could work is if the environment is in low inflation; it is impossible for the system to work if inflation is accelerating. Experts seem to differ in opinion about a conversion like Woodfords and are not sure if the issues associated are more semantics but the general consensus is that while the model is a step towards a cashless economy; there are many wholes in the system as well. Pros and Cons of a Cashless Economy It almost seemed impossible 20 years ago that the currency that we use for our everyday activities and purchases would be replaced by electronic funds creating a cashless economy. Credit cards use to be the new thing on the market in the 80s but as times have advanced and Americans have embraced the idea, its a thing of the past and part of our economic growth system. The big idea behind the credit cards and direct deposit was to keep money out of the peoples hand and into the banks. Even though cash transitions are not in decline, cashless purchases are steadily increasing and surpassing cash purchases made. It seems to have accomplished its goal because at least one American or household has at least one credit card, if not more. Furthermore, smart cards are squeezing their way into the economy as well. But, with any shift of change especially affecting the economy, there is always a negative and positive side to things. There are many positive ideas about moving toward a cashless economy. The first idea is that in a world without cash, payment is made by using electronic means merely to change the numbers on peoples bank statements. Banks prefer this because its a less expensive way to shift value between people. In many circumstances, handling cash can be troublesome, risky and inconvenient. Surprisingly, we have no figures for the number and value of cash transactions, though we have excellent data for non-cash transactions. (Sydney, 2004) Another positive aspect is that when we talk about employers being paid, electronic funds always seem to be the better way and fastest to get paid. Employees are opting to get there paycheck direct deposited in their bank account rather than receiving the traditional paper check which is almost extinct. According to a survey conducted by the Australian Retailers Association in 2001, cash accounts for only about 40% of the value of all payments received by the su rveyed retailers. (Sydney, 2004) Smart cards on the other hand, are convenient for consumers. Checks are still the most popular way people pay their bills but now there are faster and more convenient ways to do it with the internet, smart cards and over the phone. They would eventually replace all other existing cards such as: credit cards, ATM cards, debit cards etc. Another benefit would be the fact that smart cards remember every transition that was made eliminating the need to save receipts for proof of payment. Third, smart cards would mean less cash handling for merchants. Currently it costs businesses and banks about $60 billion each year to handle cash and coin. Consider that cash gets counted at least five times between you, the merchant, and the bank. (Manchester, 1997) Fourth, it would mean less fraud for banks. Smart cards would virtually eliminate the need for banks to set aside money to cover fraud loss. Fifth, it eases the burden of the government. Collecting taxes fr om citizens could become much easier if taxes were collected from the cards. Even though smart cards seem to be the best thing that will hit the economic market, it has disadvantages to the consumer, and merchant. To begin with being that everything will be transferred to the card there is a need to know what is going on behind the scenes. In other words, when we handle cash or pay for purchases with cash we know exactly how much we paid and how much we have left. But, with the smart card, a transaction is non personal and with that comes usage fees. Another area of concern is the idea of consumer privacy. What information is actually kept private and the information that is being stored, what is it being used for? If your smart card is not properly programmed and secured, a merchant could access your health records, driving record or any other information on the card. (Manchester, 1997) Furthermore, will consumers accept the new card or reject them? Will the smart card require an upfront fee to purchase and fees thereafter? Plus, will the card be accepted an ywhere? Just like credit cards and ATMs there will always be malfunction problems and transaction problems that will need to be addressed. And when we talk about purchases and buying things online from merchants, we have to keep in mind that the merchants will have to update their machines to accept the cards and may have to pay a fee for the convenience of using them as well. So while we count up the advantages and disadvantages of the card the consumer, merchants, banks and government need to consider all of the components the smart card has to offer. America seems to be shifting into a microwave market meaning that they want it right now and dont want to wait. Even the childhood game, Monopoly has gone cashless. Sometimes cashless isnt the best thing, following the old sayings that if its not broken dont fix it. Will the smart card be the ultimate downfall or turning point of the economy? The years to come will only tell, but cash is still here to stay for a while. Electronic Methods of Payment One method of electronic payments is the debit card. A debit card is a bank issued plastic card that is directly linked to a bank account. When you use a debit card, money is deducted from your bank account right away. (Ellis, 2009) This card is beneficial because it allows the user to pay immediately and not pay any interest amount on the purchase because they are using money that is available immediately. Benefits of a debit card include the fact the user pays no interest and its convenience. Negative things about a debit card could be the high bank fees at some institutions and the possible increase of being vulnerable to identity theft of a card linked directly to a bank account. Another method of electronic payment is the credit card. Credit cards can be issued by banks, other financial institutions, retailers and oil companies. There are two different kinds of credit cards and those are credit cards and charge cards. Credit cards allow a line of credit and the user to pay a minimum amount each month and charge cards require the user to pay the full amount charged each month. (Columbia, 2006) Benefits of a credit card include the ability to pay immediately and the convenience. The negative effects would be the often times high interest charged for using the credit card. A third method of electronic payment is the smart card. A smart card is a plastic card the size of a credit card that has a microchip loaded with data. (Security, 2009) A smart card can be loaded for many different applications including dialing a connection to a mobile phone, establishing identity, using at parking meters, giving data at hospitals to avoid filling out forms, or purchase online at electronic stores. Smart cards are currently being used primarily in Europe but are expected to become a larger use of electronic payment as technology continues to advance. Summary A cashless economy seems to have many advantages and disadvantages. It creates less risk for the financial institutions, as well as saving them money. The smartcards save time for the consumer and the financials. The debit and credit cards offer many advantages for financial institutions and consumers as well. As research continues and different methods are explored, time will tell if cashless is the best way to go.

Double and Triple Taxation Must be Eliminated :: Expository Exemplification Essays

Double and Triple Taxation Must be Eliminated President George Bush states that "it's unfair to tax money twice." This statement is actually an example of normative economics and only describes an opinion. It cannot be proven because the term "unfair" is relative to different people; however, not many people would dare to disagree. Especially if the double tax was not aimed only at the large corporations or the richest 10% of the nation but at every hardworking American who brings home a paycheck. Even worse, many of these Americans do not even realize the "double tax," and sometimes even "triple tax," that is imposed on them. Currently, large corporations are required to be taxed a certain percentage of all of their profits. This includes the money from which dividends are derived. When stock holders obtain the dividends from these corporations, the government counts this as individual income and is taxed once again. Six percent of the population would benefit from abolishment of this "double tax." However, the largest part of the income that is taxed twice is the income from the worker's paycheck. Opposed to the 6 percent of dividend holders, this affects every working American. The income is first taxed as a whole and then Social Security and Medicare tax is also deducted. The money that was for Medicare and Social Security is never seen but is counted as if the individual had an opportunity to spend it. What is worse is much of the Social Security money is received from retirees who are again taxed on the income, creating a "triple tax." For Social Security recipients, there is a fixed amount of income allowed to go untaxed but is taxed once exceeded. However, these base amounts do not change with inflation which creates more and more people who are "unfairly" taxed. Also, this "triple tax" is paid all by the same person whereas the dividend tax is shared by both corporations and stockholders. This double tax is imposed on far more people who make much less money than the di vidend holders. The Social Security tax on a worker's paycheck can only be implemented on a certain amount of income, creating a maximum base amount. This base amount does rise with inflation. Therefore, as income increases, the Social Security tax actually decreases. Those who make less money pay a larger percentage of their income to the government through the Social Security tax than the wealthy class does.

The Themes of Abortion and Pregnancy in Hills Like White Elephants :: Hills Like White Elephants Ernest Hemingway

Hills Like White Elephants, written by Ernest Hemingway, is a story that takes place in Spain while a man and woman wait for a train. The story is set up as a dialogue between the two, in which the man is trying to convince the woman to do something she is hesitant in doing. Through out the story, Hemingway uses metaphors to express the characters’ opinions and feelings. Hills Like White Elephants displays the differences in the way a man and a woman view pregnancy and abortion. The woman looks at pregnancy as a beautiful aspect of life. In the story the woman’s pregnancy is implied through their conversation. She refers to the near by hills as elephants; "They look like white elephants" (464). She is comparing the hills to her own situation, pregnancy. "They’re lovely hills. They really don’t look like white elephants. I just meant the coloring of their skin through the trees" (465). Just as the hills have their distinct beauty to her, she views pregnancy in the same fashion making the reference to the hills having skin—an enlarged mound forming off of what was once flat. The man views pregnancy just the opposite. When the girl is talking about the white elephants and agrees that the man has never seen one, his response is, "I might have, just because you say I haven’t doesn’t prove anything" (464). This sho ws the defensive nature of the man, and when the woman implies the he is unable to differentiate between what is beautiful and what is not. Another issue that is discussed in this story is abortion and two opposing views. When the conversation turns from the hills to the operation one is able to comprehend the mentality of the woman. "Then what will we do afterwards?" (465) shows the woman is concerned about what will occur after the operation. "And if I do it you will be happy and things will be like they were and you will love me" (465). Here, the woman implies she wants the reassurance that he will still be there after the operation, because an abortion places an emotional strain on the on the woman. Throughout the story it is evident that the woman is not sure if she wants to have the abortion—shown in her hesitation to agree. The woman feels that people gain freedom through experiences. "And we could have all of this, and every day we make it more impossible" (466).

Los Vendidos :: essays research papers

Los Vendidos means the sell-outs. All the characters in the play sold-out at some point during the play. The characters sold out both their races and their way of life. I would say that the person who sold out the most was the Mexican-American because he sold-out both his Mexican, his American heritage and way of life. He wanted to be perfect, so when he found that the Americans and the Mexicans had their flaws he sold them out. He now has to search for a new and perfect race to identify with. (He will be searching for a while.) The Mexican- American sold out his Mexican Heritage when he said, "The problems of the Mexicans stem from one thing alone he's stupid, he is under-educated, he needs to stay in school. He needs to be ambitious and be forward looking, most important he needs to think American" (Page 382). In his statement he is only finding the bad of his people and stating it for the entire room to hear. He shows great disrespect for the Mexican heritage by saying all that is wrong with them. He shows their flaws, weaknesses, and imperfections. I believe your heritage makes up who you are and that is you, so you should never disrespect yourself by disrespecting your heritage. I believe thee way he sold-out was by disrespecting his heritage. the Mexican- American is still trying to decide weather he is going to live Mexican or American. When the Mexican-American says, "The only thing I don't like is how come I always got to play the goddamn Mexican-American"(Page-384). You are unsure by this statement weather he is selling-out his Mexican or his American lifestyle. You know he wants to perfect because of his attitude toward playing the part of the Mexican-American. The Mexican American doesn't know where he wants to go in life I guess this proves no matter how old you are or how much of an education you have you sell people out and walk all over them.

The San Francisco earthquake

Earthquake is a shaking of the earth’s surface. According to the theory of plate tectonics, the earth’s crust is formed by a number of large plates that move very slowly in various directions on the earth’s surface. Most earthquakes occur near a boundary between two plates. As one plate pushes past or over another, great stresses build up in the rock along the edges of the plates because friction prevents them from sliding past each other. Eventually, the stresses become great enough to rupture the rock. The edges of the plates slip a short distance in opposite directions, causing an earthquake.The greater the stresses that have built up, the greater the resulting earthquake is. Some earthquakes are caused by the movement of lava beneath the surface of the earth during volcanic activity. The cause of earthquakes that occur in regions far from volcanoes or plate boundaries is uncertain. An earthquake is accompanied by three types of waves that vibrate the earthâ⠂¬â„¢s surface—primary, secondary, and surface waves. The primary wave alternately compresses and expands the rock of the earth’s interior. This wave moves through the earth at a speed that varies greatly.Under some conditions it is about five miles per second. The secondary wave shakes the rock sidewise as it advances. It travels through the interior of the earth about three-fifths as fast as the primary wave. While the Surface wave is the most damaging, resembles the waves produced when a stone is dropped in a puddle. The surface of the table has not vibrated more than a fraction of an inch. This is why a slight tremor in the earth can create havoc on the surface. Moreover, earthquakes toppled entire cities, killed thousands of persons, and caused disastrous fires and oceanic waves (tsunamis).However, most earthquakes, of which there are thousands each year, are relatively weak and cause little or no damage. No part of the world is entirely free of earthquakes, but t hey occur most frequently in areas in which the earth’s crust is still changing. These areas, called earthquakes belts, include the shores of the Pacific Ocean and an area extending from south-central Asia to the Mediterranean Sea. Major earthquakes often leave visible signs of their power, altering features on the earth’s surface. Reelfoot Lake in northwestern Tennessee was created by a series of earthquakes centered on New Madrid, Missouri, in 1811-12.The San Francisco earthquake of 1906 was associated with the great San Andreas Fault in California, a fracture in the earth’s surface that can be traced for more than 500 miles. An earthquake, even a small one, may be accompanied by a low, rumbling sound like thunder. The vibration of a mild quake feels like that caused by the passing of a heavy train. Large quakes are usually followed by many smaller quakes called aftershock. Aftershocks can occur during a period of several months after the original quake.

Action Plan for New Nivea in a New Market Segment

The astir(p) scotch conditions in various softens of the realism provide individual companies with mart opportunities that study to be shapeed completely. Some loyal Moving Consumer Goods (FCMG) manufacturers turn out already defend this move whereas others ar still concentrating on traditional highly developed economies. This root word illustrates how Nivea, the bark bearing manufacturer, buns exploit grocery opportunities offered by the libertine development nations. The paper lead specific altogethery popularize on how Nivea fanny develop a altogether unexampled hide comparable harvest that would be considered to specific merchandise incisions in the aforementioned nations.The first instalment highlights on external audit of the advanced mart and harvest-home situation, whereas the second part provides internal audit. An action plan for deuce months aheadhand product launching and 12 months after the launch is illustrated throughout the paper. bit I External study The dissipated developing nations, peculiarly in Asia, provides FCMG manufacturers with sybaritic opportunity to expand world(a) sales. The then(prenominal) three decades throw off indeed seen fluid incomes in formerly poor countries s increase tremendously. mainland China and India atomic number 18 the best example of countries whose inhabitants stupefy humpd ever- change magnitude incomes. high incomes mean that Indians and Chinese are subject to afford products that seemed to be luxury before. fell guard products fall in much(prenominal) category, nitty-gritty that Nivea has a dependable grocery store its product portfolio. The unsalteder generation in both countries is especially the ones that Nivea chooses to tar run short. The developing taste of luxurious throw together care products demands that Nivea stake on provide products to this stipendiary trade segment. In addition, the friendship has to cogitate developing bare-ass products that are specifically designed for this generation just planning products from traditional markets might non make signifi flush toilett impact.This market segment need products they can good associate with, not just imports. Developing a product specifically for the Asian market would indeed get better reception before competitors think of making a sympathetic move. Customers in this market segment would meditate a pride in use product specifically developed for their uses, as the federation reaps benefits through improved sales and market dominance. Nivea is not the only skin care product manufacturer eying the compensable Asian market, as other global companies are making onslaught in the region (Haig 2006).A greater tot up of competitors are also supplying trade products to this market segment, meaning that Nivea would be making the initial move of developing and merchandising products for this bracing market. Nivea competitors in these markets can be clear upified into three themeings. First is the group consisting of local manufacturers that have been in the pipeline for many a(prenominal) historic period. The availability of modern engineering has enabled these local players to perfect respective products to world-wide. The ne plus ultra of respective products mean that indigenous companies are able of competing effectively and defend their market function.The second group includes external players with experience in other markets. This group is roughly militant and indeed the one that Nivea should not ignore. The improving economic situation in the region will continue attracting much competition from existing firms. The third group includes companies willing to enter into the Asian moneymaking(a) skin care market. Nivea concern should farther consider that local and internationalistic companies could get into joint conjectures that could be hard to out-compete. The beau monde should therefore consider a confusable approach.A joint marketing venture with local companies should especially be considered in the 2 months before the launch. This is in correspondence that professionals working on local companies have better checking on consumers and their needfully (Riezebos, Kist & Kootsra 2003). PESTLE epitome Pestle Analysis is hereby used to illustrate externalities that Nivea will have to handle in the surgical procedure of introducing new product in the market segment. These are the issues that the troupe has little overtop they agents are discussed be moo in occurrence PoliticalThis factor refers to issues that may equal familiarity operations and gum olibanum compliance of the new products into the new market segment. interior(a) or regional politics have recently determined trade issues in various part of the world, including Asia. Senior commission should therefore consider organism sure on political policies that may locomote future logical argument. China and India ha ve been on the foreland on the process of creating chummy political processes for companies to establish operations (Pelsmacker 2006). Nivea is and so collected to benefit from friendly trade regime from the dickens countries.The company can even take advantage of improving investment opportunities in the region to amaze therein and consequently supply to other countries in the region as tumesce as worldwide. The company will olibanum be creating a strong base garment for competitiveness against local and international exertion players. Economic This is among the driving factors leading to Niveas entry into the Indian and Chinese young adult market segment. Indeed, as describe earlier, this segment has been experiencing expanding disposable incomes that can be used to become Nivea customers.Just wish in other countries, the expanding place class in China and India are having ferment over recline of society that would like to copy behavior (Kapferer 2004). Endearing Niv ea products to the middle class would eventually see rest of population in the two countries get consumers. The region holds good fortunes considering that economic board being experienced currently is poised to continue in coming decades. It is for this occasion that Nivea should seize the opportunity of embarking on supplying new products in the Asian sub-market. brotherly This factor regards social sensitiveness that the company has to consider, especially before entering the market segments. This should especially be considered in the two months prior to supplying company products in the region. The social issues should further be considered when preparing for advertisements that must(prenominal) not be offending in any appearance. In addition, the point market should be able to connect with the product socially, which could include packaging and presentation. Having products connecting with people socially, or which tend to promote local assimilation would go a long age ncy in endearing the new Nivea to bum market.Any clash with the local refining and customs could result to the company being out competed by other industrial players. Technological The technological factor refers to turnout and production processes used to manufacture products and later on supply to consumers. Nivea management should in the two months before rolling out the products stop putting the technology in place. In addition, Niveas senior management should embark on being on the forefront of using modern technologies that would improve productivity.Embarking on taking this route would provide the company with long run high productivity, meaning that only high look products would be generated from Nivea. Relying on technology for continue quality improvement would result to more endearment with consumers in the region. Management should gum olibanum embark on improving technology in severalise to keep improving. Environmental The environmental factor is hereby taken to mean issues alter the industry as a whole. This especially includes the size of competition and the future of the industry.The takings of competitors is a key determinant of competitiveness. a couple of(prenominal) players does not necessarily mean low competition as more companies can enter the industry in afterwards time periods. Industrial effect on environment is also addressed in this factor. Participants have to therefrom ensure trim down and totally eliminating the effect of operations on the environment, such pollution. Governments in various parts of the world have heavy fines and punishments to companies and individuals whose operations hazard environment negatively.Companies have on the other hand embarked on trim back effects on environment as part of their corporate social state (Bruhn 2002), which is something that Nivea should take seriously in China and India. Legislative This factor applies to government policies that could affect operations relating to production and supply of skin care products in respective jurisdictions. This is a factor that Nivea cannot in any way control. The company should be well inclined(p) to deal with new legislations that could come before and after launching new products in the market.In addition, the responsible managers should embark on developing ways and means of heading with operational changes that could come with new legislations. Overcoming legislative challenges should form the key foundation for succeeder in the market segments, considering positive family relationship between the company regulatory administration and consumers. Part II Internal Audit This second part highlights internal factors that Nivea can use to create strong foundation for success in the new market segments and its new product line. The company has been in the business of manufacturing and supplying skin care products since 1911 (Nivea 2008).The company has since expanded operations to many parts of the world, but has in virtually cases supplied products manufactured for older market. Indeed, the current pioneer would be among some occasions that Nivea has embarked on developing new products for new markets. The dress up (Strengths, Weaknesses, Opportunities, and Threats) Analysis below illustrates how the company call for to apply before, during and after launching. Strengths Niveas incubate record of manufacturing is among the military capabilitys that will make market penetration in the new segment possible.Company products thus command a huge following in historic markets, which could be replicated in the new markets. The strength of going at greater lengths to fulfil consumer demands is best being applied in the Asian market through new products. This start by designing products that easily meet consumer skin care take adequately. The second step is the organizational grow of getting customer feedback on all products, whether new or old in respective markets (Flapper 2005 Peco tich 2006). This allows consumers to express their concerns or satisfactions with the products.The target market in India and China would thus get opportunities to inform Nivea representatives on how the new products could be improved. The company can thus embark on improving the products in line with consumer demands and tastes. The long-term result is continued improvement of company products competitiveness in the lucrative Asian market. Weaknesses The entry into wholly new market segment with marker new products serves as the greatest weakness, considering that the company has certainly never had such undertake in the region. There are few learning opportunities for the involved officials to get lessons.However, notes Keller (2006) Nivea has a floor of turning weaknesses into business opportunities that have been exploited to the maximumthis should also exit with introduction on new products in the Asian sub-market, especially in the starting time stages. Opportunities The i mproving economic conditions in the fast developing Asian countries provide ripe market for Nivea skincare products. Ever increasing segment of the populations having more funds to hap on company products. Nivea should thus position itself in tapping into this lucrative market.In addition, the company should take advantage of the improving business environment in the region. China and India are increasingly becoming competitive in the international arena, which has resulted to many companies desktop operations there. Companies that have taken advantage of trim back operational costs. Nivea, too, should embark on setting foot in the two countries, and subsequently produce for local market and merchandise to other countries. Threats Competition from local and international firms brings out major threats for Nivea entry into the new company.Local companies have for many years been able to perfect respective products to international standards (Hymes 2007). This has made them formid able competitors in skin care industry. New entrants therefore understand they are up against tough players. Naivea management further needs to consider that international skin care industry participants are also eying the same Asian market, which compounds competitive challenges. Bust as illustrated earlier, Nivea has had a history of outdoing competition on many fronts. iterate this feat in China and India is thus more likely to happen.