Global Economy Essay Example | Topics and Well Written Essays - 2000 words

Global Economy - Essay Example Economy such as economic reasons behind implementing various forms non- tariff trade protection and the structural pattern of Chinese outward Foreign Direct Investment (FDI) will be answered. Trade barriers are the measures appointed by governments and other public authorities for the purpose of making the imported goods and services less competitive as compared to locally produced goods. Tariff is a form of trade barrier that is imposed to restrict international trade import and export activities lead to increase in the price level for consumers. In contrast, Non tariff barriers are imposed in order to control imports. The main hypothetical reason behind shifting from tariff to non-tariff protection measures is to protect the concern of developing countries, aid them to acquire funds for the purpose of running such economies and to support their weak industries to flourish (Kerr and Gaisford, 2007). Mainly six types of non tariff protections processes can be experienced in a global economy. Most important among these is specific limitation on trade such as import licensing requirement, fees, embargos, fixed proportionate restriction on foreign domestic goods and minimum import price limits. Customs and administrative entry procedures also outline non tariff trade protection methods through the ways of anti-dumping practices, tariff classifications and strict documentation and valuation systems. Intergovernmental acceptance instruments for testing methods, standards, packaging, labelling and marking, government participation in international trade by the means of procurement policies, export subsidies, countervailing duties and domestic assistance programs are the other form of non tariff trade protections. Apart from all these, government imposes specific charges on imports prior to the importation takes place and other fees such as special supplementary duties, import credit d iscrimination, variable levies and border taxes represents various forms of non

Human Resource Management And HR Policies Essay - 1

Human Resource Management And HR Policies - Essay Example Apart from these activities the sector also includes sports and leisure time activities and programs such as golf courses, fitness clubs, fishing, arts, and crafts. Similarly, the hospitality sector of the leisure industry involves accommodation facilities along with flooding and other amenities. By summarising these attributes it is quite evident that the industry accumulates the features of the entire entertainment industry along with the characteristics of travel and tourism sectors. No wonder due to this special attribute, the industry gains advantages from both the booming sectors related to the leisure choices of people. Hence, the industry itself is emerging as an important and quite promising segment in the global market (Human Kinetics, 2005). Being an emerging and one of the most promising industries, several companies are choosing to enter the leisure industry while few companies have already gained an identifiable position in the industry. Brendon Jones Ltd. is also a company engaged in the activities of the leisure industry. The company presently employs almost 300 associates working in it’s headquarter and 10 other outlets scattered in different parts of the Valley of South Wales. The administration of the company is set with one individual manager to deal with the obstacles emerging in each of the ten outlets among whom none were specialized in the Human Resource Management (HRM) sector. This was one of the major problems which laid the company to a disruption in terms of its HR policies. The paper, therefore, will be focussed on the identification and the evaluation of the problems faced by the company in terms of its employee satisfaction, i.e. its HR policies. Moreover, the paper will aim at recommending a strategic solution in order to eradicate these obstacles and invigorate its performance as a leisure service provider company.