Sunday, February 16, 2020

International Involvement Paper Essay Example | Topics and Well Written Essays - 750 words

International Involvement Paper - Essay Example In principle, each state must mind its own business and must respect the business of other independent states. However, in practice, this was not as easy as it seemed because these states related to each other in matters of commercial, political, cultural or humanitarian interests. Pickett (p. 13-14) added that the educational training and mental biases of historians of international relations affected their analysis of how America’s government behaved during the period. Pickett’s short article covered the whole period from the success of the American Revolution in the late 18th century to the collapse of the Soviet Union in the late 20th century. Having gained independence from England, the young American state continued to be concerned with the matter of how to guarantee its survival against European nations that were always intent on imperialism or the expansion of their respective empires through conquest. Newly independent from imperialist England, America faced a quandary throughout most of the nineteenth century that touched on the young state’s conscience: since conquest meant having to go against the freedom of other peoples and their governments, how could America justify its involvement in international affairs that may involve going to war? Pickett (1992, p. 14) cited the importance of the Monroe Doctrine as â€Å"the first and – in the nineteenth century – the most important American diplomatic principle. Through the Doctrine the United States first asserted interests in the Western Hemisphere.† The Monroe Doctrine, based on an 1823 Congressional address by President James Monroe, called for U.S. indifference to European affairs and for European powers not to interfere in the Western Hemisphere or the Americas. Thus, until the late nineteenth century, America’s policy was not to engage other nations, i.e., to be internationally isolationist. Several events in the

Sunday, February 2, 2020

Analysing the external environment Essay Example | Topics and Well Written Essays - 2500 words

Analysing the external environment - Essay Example The external environment is able to determine a business’s success or failure; that is why it is extremely important for businesses to carefully analyse it. The function of monitoring external environments serves to track any type of progress in commercial trends of known import. A number of external elements can be affected by company advertising, while others call for the business to implement changes (Daft, 2010:111). It is vital to monitor the fundamental components of a businesss external environment. Tactical business planning is essential in discovering new opportunities, as well as in reducing the potential impact of potential threats. In the past, companies that have neglected to keep an eye on the market have suffered heavy setbacks. A good example is Eastman Kodak which nearly became obsolete because it was unable to foresee the popularity of digital cameras (Harris, 2003:106). External tactical management assessments supply the management with premeditated plans that seek for opportunities and reduce the effects of threats. An external strategic proposal should include the following points: 1. Study external forces: It is important for a business to collect information concerning the political, economic, cultural, social, technological, and legal factors of its community. It should also take into account any changes in consumer demographics and seek to make sure that it gets its information from trustworthy sources. Companies should mainly use primary data, with other sources of secondary information being made use of sparingly. 2. Assess the competition: A company should gather competitive intelligence on its business rivals. The statistics gathered should include the distribution channels, plans for gaining more customers, and their value chain arrangement (Dibben, Wood and Roper, 2004:92). In this, a company will be able to determine how its competitors benefit from advantages that it might