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Economy Iraq Largely Relies On Oil Mining - 1630 Words

The economy in Iraq largely relies on oil mining. Oil in the country accounts for approximately 90 percent of government revenue and an estimated 80 percent of its foreign exchange earnings. The Iraqi economy is mainly run by its government. The country’s security environment is improving and foreign investors play a role in spurring economic activities in the construction retail and energy sectors. This leaves a niche in their market and this is where we come in with our computer and auto parts investments. The county’s long term fiscal health, broad economic developments and improvements sustained in the overall living standards of the Iraqi people depend on its central government’s passing of major reform policies. (The World Factbook:†¦show more content†¦On the other hand, Iran, just like Iraq, relies on oil as its economic pillar. The Iranian economy is under the government’s control. Its economy in the private sector is limited to farming, small-scale workshops, a bit of manufacturing and services which leaves a gap for us to explore by setting up a textile facility (Richards and Waterbury, 2014). On its downside, price controls and several distortions in the country undermine growth in its private sector economy. In fact, Iran faces widespread corruption that has raggedly impacted its economy. The unemployment and under-employment level in the country is high and the lack of job opportunities has resulted in numerous young and educated Iranian workforce to seek jobs overseas. (The World Factbook: Iran, 2015) As for Lewis Globalworks Co., Inc. the brain drain in Iran will be used to our advantage such that we will be able to capture the skilled population in the country into our company thus benefiting us by providing products efficiently and effectively. Moreover, the US dollar will also be in our favor because 1 US dollar exchanges for 29,535 Iranian Rial. Although updating of technology has been prioritized, the country still lags behind in terms of innovation, science and technology. Iraq’s technology, including the equipment used in the oil sector are out of date while its research and higher education

Cultural Difference And Decision Making - 931 Words

Assessment Task 2: Group Talk Assignment â€Å"What is cultural difference in decision making and does cultural difference influence decision making?† In today s quick paced, focused and complex environment, decision making aptitudes are essential qualities that any management must have. As human being, we are not conceived with impeccable decision making aptitudes; we learn through skills and experiences that begin our primary school stages to and keep on adapting through to our expert life. Decision making can be hard and decision incudes a few clashes or disappointment. Decision making is the process of making a one choice from number of alternatives and committing to a future course of action. In this multiculturalism world main question in decision making is cultural difference in an any organization. And does cultural difference influences decision making. In an illustrative sense multicultural is essentially a term which depicts the social and ethnic assorted qualities of contemporary Australia. We are, and will remain, a multicultural society. As an open approach multiculturalism incorporates government measures intended to react to that assorted qualities. At present Australia’s The Commonwealth Government has distinguished three measurements of multicultural arrangement. Cultural identity: The privilege of all Australians, inside deliberately characterized breaking points, to express and share their individual social legacy, including their dialect and religion.Show MoreRelatedThe Effects Of Cultural Differences On Ethical Decision Making1515 Words   |  7 PagesAs many companies have started to work globally, it is important to understand the effects of cultural differences on ethical decision making to avoid possible business risk and to design successful international marketing management programs. With the advancement of globalization, the concept of culture has become an important part of organizations. Many companies face problems like different cultures, different consumer behavior and different way of communication etc. Marketing is one of the mostRead MoreThe Importance Of A Better Knowledge Base About Diversity Issues And End Of Life Decision Making1442 Words   |  6 Pagesreviewed herein have made important contributions toward the de velopment of a better knowledge base about diversity issues and end-of-life decision making. Although the small number of studies conducted and the methodological concerns evident in the research preclude making many definitive conclusions about how different racial or ethnic groups approach end-of-life decisions, the results to date suggest that the end of life is a distinct context that merits special study in research on diversity and agingRead MoreVirtual Information Project Teams : Virtual Team1360 Words   |  6 Pagesshortcomings. Having a team of individuals with various personalities, perceptions, and values can cause assimilation to become difficult. During an individual’s lifetime, some remarkable human assets are acquired, resulting in the creation of his or her cultural background. National culture can be present on any team, but most teams are formed with members belonging to the same city or state, which makes it easier to arrange. However, a virtual team with a national culture is a more difficult concept toRead MoreManaging Across Culture1434 Words   |  6 PagesBy facing the conflict and difference between different culture, to find out a way to effectively manage across culture become more helpful to the company. According to Hofstede (1980), he point out in Economic Integration, all the company around the world is to find out the way how to meet the need of the market and satisfied their customers. To have the effective strategies, we have to do the research for the across culture. Hofstede (1980) identified four main cultural dimensions; they are PowerRead MoreAbstract. Lawrence Kohlberg’S’ Theory Of Moral Development1574 Words   |  7 Pagesmoral dilemma. I will discuss the research study between Mexican Americans and Anglo-Americans and gender differences when it comes to decision making in moral dilemmas. I will discuss how cross cultural differences demonstrate the distinct approaches to care and justice considerations. Kohlberg’s Theory of Moral Development: Cultural Differences Between Mexican Americans and Anglo-Americans Moral Development involves the thoughts, feelings, and behaviorsRead MoreCultural Training For An International Business Alliance1636 Words   |  7 PagesRunning head: CULTURAL TRAINING 1 CULTURAL TRAINING 2 Cultural Training for an International Business Alliance United Arab of Emirates PEPPERDINE UNIVERSITY THE GEORGE L. GRAZIADIO SCHOOL OF BUSINESS AND MANAGEMENT DR. MARGARET E. PHILLIPS OTMT 671.24 CROSS-CULTURAL MANAGEMENT Cultural Training for an International Business Alliance There is a significant divergence between the American and UAE cultures. The distinctions between these two cultures are such that life would be significantlyRead MoreIntercultural Management Hierarchy vs Equality Essay1009 Words   |  5 Pagesshared or elected power with ultimate authority residing in the people Emphasis on organizing vertically Emphasis on organising horizontally. Preference for autocratic or centralized Preference for participatory or decision making decentralised decision making Emphasis on who is in charge Emphasis on who is best qualified Acceptance of authority, reluctance to Rejection of scepticism of authority, willingness to question authority. question authority. Reflection ofRead More Cultural Values and Personal Ethics Paper1361 Words   |  6 PagesCultural Values and Personal Ethics Paper Personal, organizational, and cultural values are the basis of an individuals personal and professional decision-making style. These values are the key ingredients that make up our core beliefs. Values are ideas that are actions which could be right or wrong, good or bad that are the basis of human action (Tosi 2000). Personal values might also be called morality, since they reflect general expectations of any person in any society, acting in any capacityRead MoreThe Culture Of The World Essay841 Words   |  4 Pagesin the country, has a very important role. It was he who determines the structure of thinking people belonging to the same society. This leads to the fact that people who speak different native languages under the influence of more and different cultural values, often do not understand each other. Many of these factors that people face every day and do not pay attention to them, have a strong impact on them, resulting in the formation in a certain society, its concepts, habits and norms. DifferentRead MoreRetail Marketing Is All About Cultural Differences and Communication1559 Words   |  7 PagesADMN3170 0440210 Retail Marketing Is All About Cultural Differences and Communication In the 21 century, the process of globalization is getting faster. More and more people tend to be involved in the world community. People should be able to understand people will not have too much difficulties to communicate with each other in a very same cultural background. Using the same communicate skills to communicate a person with a very different cultural background might lead that person into some serious

Cause and Effects of Eating Disorders free essay sample

Dopamine in a chemical that is found in the brain and it is involved in weight and feeding behaviors. Recovering anorexics show an increase in dopamine levels. Also in recovering anorexics, there has been an abnormal amount of Serotonin levels. Dopamine and Serotonin are closely tied to appetite, mood, and impulse control which are all altered when an eating disorder is present (Brain 1). Another biological factor is heredity. Studies have been done to show if eating disorders are caused by genes. Stephanie Zerwas and Cynthis Bulik conducted a study on a pair of Caucasian, female twins to see if their family history had an effect on them. The twins had almost identical genes so if an eating disorder affected one then it should affect the other is heredity effected the cause of eating disorders. They found out that there is a substantial amount of hereditary influence on them. Another study concluded that 50% of eating disorders are triggered by a person’s genes (Are 1). We will write a custom essay sample on Cause and Effects of Eating Disorders or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Social media is a huge influence on what people think is â€Å"beautiful. † Small, tiny, stick-skinny girls are what media is making people believe to be what they should look like. Teenagers and young girls are watching movie stars, singers, and models portray the image of an â€Å"Ideal† body image to be small. Thing such as Facebook and Pinterest increase peoples self-conscious levels to the point of an eating disorder. Social Media has grown rapidly over the course of the last ten years, and it still continues to grow bigger. It has begun to reach kids as young as 5 years old. If a young 5 year old girl grows up seeing nothing but stick-skinny â€Å"role models,† then what will she think of when she is 15 years old and isn’t as skinny as these role models. She won’t recognize that having curves isn’t a bad thing and not everybody can be small because that is all that she has grown up with. There are multiple causes of eating disorders. Biological factors and social media are just a few examples of how a person can develop an eating disorder. There are many ways to prevent eating disorders but if you do not get rid of the causes then the effect will never go away. Works Cited Are Eating Disorders Heritable? Pyschology Today. Tomas Chamorro-Premuzic, Ph. D. , n. d. Web. 13 May 2013. Brain Chemical May Be Key in Eating Disorders. WebMD. Salynn Boyles, n. d. Web. 13 May 2013. National Association of Anorexia Nervosa and Associated Disorders Inc. N. p. , n. d. Web. 13 May 2013.