Case Study Analysis Paper Essay Example | Topics and Well Written Essays - 1250 words

Case Study Analysis Paper - Essay Example He succeeded in recruiting fifteen trainees. He scheduled the trainee orientation to start from 15th of June. The new recruits were expected to be on job by the month of July. Carl Robins didn’t think of the essentials for the scheduled training till Monica Carrolls enquired about training schedule, orientation, manuals, policy booklets, physicals, drug tests, and a host of other issues. Carl Robins still didn’t do the review of the schedule and didn’t update its progress. When later in May, he checked the new trainee file to finalize the paperwork needed for the orientation, he found that some of the new trainees did not have applications completed or had their transcripts on file, and none of them had been sent to the clinic for the mandatory drug screen. He also found that there were only three copies of the orientation manuals and even they were not properly arranged. When he checked the training hall he found that Joe, from technology services was setting up computer terminals. When the event log was looked into, it was found that the training room was already reserved for the entire month of June for computer training seminars for the new database software implementation and was not available for the orientation to be conducted. The basic problem that the whole process faced was the lack of experience of Carl Robins as a recruiting officer. Though he managed to do the campus recruitment resulting in the intake of fifteen trainees, he couldn’t arrange properly for the processes leading to their intake. His inexperience stopped him from doing accurate planning for the training of the intakes. He also didn’t take advice from superiors or referred any previous records to get acquainted of the key procedures involved. Carl Robins didn’t take care to have a proper schedule for the whole process. The basic theory of bifurcation of the whole target into differentiated processes and planning them separately

The Economics of Money, Banking, and Financial Markets Essay

The Economics of Money, Banking, and Financial Markets - Essay Example Taking into consideration the impact of political, social and economic factors on the establishment and growth of foreign ventures, it is paramount for company directors to ensure coverage of wide areas during the risk analysis process. One of the benefits of risk analysis is that it provides directors with adequate knowhow on goods and services to offer as well as choices of location. In addition, it helps company owners with policies that are vital for operations of a company. Similarly, risk analysis helps companies to be compliant with laws in foreign countries. This report analyzes economic risks, political risks, business environment risks and currency risks that we need to consider before our company embarks on establishing a joint venture in Nigeria. Economic risks One of the major factors that affect the growth of Nigeria economy is poor planning by the government. This has not only resulted to high level of unemployment but also a reduction of household’s income thus lowering the consumer’s purchasing power. For example, the revenue generated by the country’s extensive oil industry is not effectively managed thus increasing the poverty level in the country. In addition, the country has small arable land thus lowering the total food production. As a result, the country has reduced exports thus lowering the Gross Domestic Product (GDP). Another area that is negatively affected by poor government planning in Nigeria is infrastructure system. For instance, the country has poor road system making it difficult to assess rural areas as well as expanding business activities. It is worth to note that for any country to develop, competition is vital since it allows innovation and production of wide range of products in the market. However, a major obstacle affecting Nigeria economic prosperity is lack of genuine competition. As a result, market forces do not play a vital role to regulate the economy. In the same way, the country leaders are significantly engaged in controlling the economy an aspect that is contrary to the Adam Smith ideology of not allowing governments to interfere with economy (Dwivedi, 2001). Macroeconomic imbalances are another challenges facing Nigeria. For example, new ventures have the risk of facing unstable inflation and excessive borrowing by the government. Additionally, the government has failed to commit itself to address the macroeconomic challenges thus leading to larger deficit in the government budget. Political risks In order to establish a profitable business venture, it is imperative for investors to consider the political situation of the country they wish to invest. It is vital to note that even though a firm can have adequate finances to cater for its own internal security, political instability in a country can negatively affect the operations of a company resulting to its closure. This implies that as we focus on entering the Nigeria market, it is fundamental to analyze the pol itical factors of the country thus identifying the obstacles or the benefits that our firm is likely to face. One of the major political aspects that are notable in Nigeria is the rivalry that exists between the North and Southern residents. This was catapulted by the policy that was applied by British government that included use of direct rule on the southern region and indirect rule in the Northern area. Not only has the rivalry between the