Hulu: An Evil plot to Destroy the World Essay

All quotations and references refer to â€Å" Hulu: An Evil plot to Destroy the World† unless otherwise noted. 1) Hulu succeeded while everyone predicted its failure due to the following reasons: * Hulu harnessed existing technologies namely online video and broadcast media to create a new platform that was â€Å"focused on helping users find and enjoy the world’s premium, professionally produced content when where and how they want it†. The platform brought together professional content owners/providers, advertisers and content consumers/users in a platform mediated network. * Rather than choose to be a destination site or syndicate content, Hulu chose to be both by being an aggregator of online video. There were web sites that did this for user generated content but Hulu was a leader in this space for professionally generated content. * The business model for Hulu’s platform is 100% advertising supported. * Hulu’s platform model consists of 3 nodes – content providers, advertisers and users * The ‘subsidy side’ in this network is the users who use the platform for free while the ‘money side’ is the advertisers who pay Hulu for running their advertisements. Hulu on the other hand pays content providers for showing their content on the platform. The more the number of users on Hulu the more advertisers value the platform and are attracted to advertise on it. Also, the more the content available on Hulu the more users are attracted to the platform and subsequently, the more the revenue that can be generated from advertising. * Hulu leveraged the cross side network effect between content providers and users by partnering strategically with over 170 content providers including the most popular broadcast and cable networks in the United States. The content providers â€Å"participated in the value created through the distribution of their content†, providing the incentive for them to continue their support of the Hulu platform. * Hulu partnered with 30 affiliated websites including those whose users represented 96% of the monthly unique US-based web users to bring content to its audience and to leverage the cross side network effect between users and advertisers to increase revenues. * Hulu also focused on users and offered its service free to them thereby maximising the cross-side network effects between users and advertisers on its platform resulting in increased revenues generated from advertisers. 2) Hulu’s business strategy is to be focused â€Å"on helping users find and enjoy the world’s premium professionally produced content when, where and how they want it†. Hulu does this by using Internet technology to bring free content to its users anywhere at any time. Hulu is a first mover in this space and is currently enjoying the first mover advantage. However with the ubiquity of internet technology accompanied by lower costs and the commoditization of the technology, the barrier to entry will be reduced and more players will be attracted to the profitable online video business, eating into Hulu’s profitability and success. Also, the increase in IT investments in the internet age causes â€Å"a Winner-take-all dynamic and high turbulence, as each group of dominant innovators is threatened by succeeding waves of innovation† (McAfee and Brynjolfsson, 2008) in Schumpeterian competition. This makes Hulu’s success vulnerable. The case mentions that there is already an emergence of competitive threat from â€Å"TV Everywhere† and even though CEO, Jason Kilar discounts the effect on Hulu, the new entrant is gaining some clout and Broadcasting & Cable has warned that † TV Everywhere was â€Å"starting to look like a real competitor to Hulu.†Ã¢â‚¬  Sustained success for Hulu in what is bound to be an increasingly competitive market will depend on Hulu’s Management and their ability to continue to maintain frugality, drive innovation, operational efficiencies and differentiate their products and services to gain competitive advantage and continue to dominate the market. 3) Input data – Basic – Name, Gender, Age, marital status Contact – address (state, city, zip code), phone number Other- favourite genre, previous shows watched, sites visited previously, ratings of previous shows watched. a) BI techniques i) Using Market basket Analysis Rule: if {Gender = female} then {watches real estate shows} Action: Show Ad Selector for real estate companies and related products when a female user is on Hulu ii) Using Market basket Analysis Rule: if {Married and Age>50 and lives in California} then {has watched >2 court shows in the past and previously visited a tax filing website} Action: Approach tax filing website to place their advertisement on Hulu when court shows are playing. iii) Using user based Collaborative filtering Rule: Find users ‘similar’ to current user by choosing those with the highest similarity coefficient between them and this user on the ratings of other shows. Use a combination of their similarity coefficients to predict current user’s rating for a crime show. Action: if user’s predicted rating for the crime show is high, then advertise any new crime show when user is on Hulu or other affiliate websites. b) Monetization These techniques allow Hulu to increase the click through rates as well as transaction conversion rates for its advertisements because they are targeted at users most likely to respond. Since advertisers are interested in traffic, Hulu can increase revenues by demonstrating to advertisers the number of users that can be targeted using these techniques and the subsequent increase in click through and conversion rates. 4) IT Security Plan for Hulu a) People * Management should make security a high priority and include it in Hulu’s business strategy * Train Hulu employees on the importance of security-keeping passwords confidential and not sharing passwords * Train employees on privacy policies b) Processes * Create security policies and procedures establishing mandatory minimum security standards * Standards should include provisions on customer privacy * Ensure all affiliate websites adhere to mandatory minimum security standards * Set procedures for security incidents * Review security policies annually to address new security threats to the online video industry c) Technology * Encrypt all customer data * Install antivirus software on all servers and computers and keep installations up to date * Have multi-site backup of data * Install monitoring software for servers and network * Incorporate systems logging to track access to Hulu’s IT infrastructure * Ensure firewalls are installed, enabled and have sufficient filters to protect from outside intrusion * Engage ‘Ethical Hacking’ vendors to audit systems annually in order to identify areas of vulnerability. References Andrew McAfee &Erik Brynjolfsson (July-August 2008). What Makes a competitive difference. Harvard Business Review, pg 100.

International Law Essay

International Organizations are attempting to target and eliminate child labour beginning by pinpointing the problem itself and understanding the reasons for it. UNICEF’s latest statistics from 2011 indicate that one in every six children aged five to fourteen are engaged in child labour in developing countries. The International Labour Organization (ILO) says there are over two hundred and fifteen million children working worldwide either part time or full time jobs. Furthermore, seventy percent of them work in dangerous environments. The ILO is leading the fight in eliminating child labour in an organized fashion. Their research suggests the damaging effects of child labour must be systematically eliminated beginning with the worst forms of child labour. The process begins with understanding the problem itself, the causes and consequences, socio-political aspects, and all the variables involved. The hard work of the ILO has helped create Treaties and Conventions banning child labour and â€Å"identifying concrete measures for Governments to take (UNICEF, 2011).† Through socio-legal challenges, the ILO is working tirelessly as they are at the forefront of the fight against child labour. This has resulted in various forms of success as they still have a long way to go. Using labour standards, Conventions, Recommendations, creating organizations, getting member states involved, raising awareness, and stressing basic human rights, the International Labour Organization has created a formula in the fight to end child labour. UNICEF- Convention on the Rights of the Child UNICEF, acronym of United Nations International Children’s Emergency Fund, has a mission to advocate for the protection of children’s rights, â€Å"to help meet their basic needs and to expand their opportunities to reach their full potential (UNICEF, 2011).† Just like the ILO, UNICEF is a special programme of the United Nations. This international organization relates to the ILO because of their devotion to aiding children internationally and aiding national efforts to improve health, nutrition, education, and general welfare of children (UNICEF, 2012). Although UNICEF’s goals are not based on targeting and eliminating child labour itself, they take a huge part in helping the cause. According to the Encyclopedia Britannica (2012), since 1996 UNICEF programmes have been guided by the â€Å"Convention on the Rights of the Child,† which affirms the right to all children to â€Å"the enjoyment of the highest attainable standard of health and to facili ties for the treatment of illness and rehabilitation of health (UNICEF 2012).† The Convention on the Rights of the Child is built on various international legal systems and cultural traditions. This Convention is a â€Å"universally agreed set of non-negotiable standards and obligations (UNICEF, 2011).† These are basic standards which are also referred to as human rights which set minimum entitlements and freedoms that are expected to be respected by all governments. UNICEF (2011) states that it is founded on respect for the dignity and worth of each individual, regardless of race, color, gender, language, religion, opinions, origins, wealth, birth status or ability. Therefore, they apply to every human being no matter where they are located. Not only are governments obligated to follow this Convention, but so are all individuals and employers regarding the rights of all humans. Furthermore, UNIFEC (2011) says that â€Å"we cannot ensure some rights without – or at the expense of – other rights.† Many countries including Canada have had to make changes to their common and civil law as a result of ratifying this Convention. However, this has been done for the better because local laws have been created to follow up with this Convention. For example, youth criminal laws in Canada underwent major changes resulting in the Youth Criminal Justice Act (YCJA) which defines Canada’s different commitments under the Convention. The Convention on the Rights of the Child is a legally binding instrument which is the first international instrument to incorporate the full range of human rights. This includes civil, cultural, economic, political and social rights. This is a special Convention, particularly for that reason that world leaders agreed on the fact that children under the age of eighteen years old often need the protection and care that adults do not. Furthermore, this would be a Convention for the world to recognize that children also have human rights. It sets out these human rights in 54 articles and two optional protocols. The first optional protocol restricts the involvement of children in military conflicts, and the second optional protocol prohibits the sale of children, child prostitution and child pornography. The articles identified by UNICEF (2011) spell out the basic human rights that children everywhere have: The right to survival; to develop to the fullest; protection from harmful influences, abuse and exploitation; and to participate fully in family, cultural and social life. The four core principles of the Convention are non-discrimination; devotion to the best interests of the child; the right to life, survival and development; and respect for the views of the child. UNICEF (2011) states that â€Å"every right spelled out in the Convention is inherent to the human dignity and harmonious development of every child.† The Convention protects children’s rights by setting standards in health care; education; and legal, civil and social services. National governments have agreed to undertake the obligations of the Convention, therefore have committed themselves to protecting and ensuring children’s rights. They have also agreed to hold themselves accountable for this commitment before the international community. It is the governments’ obligation to make sure they do their part after signing or giving formal consent to the Convention, therefore treating it as a treaty, contract, or agreement and making it officially valid. Both the protocols have been ratified by a hundred and ninety four nations. These nations that have ratified this Convention are bound to it by international law. Furthermore, compliance is monitored by the United Nations committee on the Rights of the Child because it is important to make sure the member states are acting and complying according to the Convention. As far as the child labour topic goes, focusing on the International Labour Organization is far more important than focusing on UNIFIC. As suggested earlier, UNICEF’s focus is on advocating and paying attention to the general welfare of children globally. This includes children that do not work, whereas the ILO focuses on child labour issues among other labour issues of the world. The global importance of both of these international organizations is immeasurable. Therefore, understanding the fact that this topic is on child labour issues, it only makes sense to focus on the ILO. The ILO Structure The International Labour Organization’s work is based on encouraging and promoting the development of social and economic progress. It is important for governments, employers’, and workers’ organizations to cooperate in order for this structure to function. Furthermore, their aim is to ensure that it serves the needs of working men and woman by â€Å"bringing together governments, employers and workers to set labour standards, develop policies and devise programmes (International Labour Organization, 2012).† In other words, the ILO has created a form of a governing system for the international workforce to ensure safety and to protect all individuals. The ILO structure emphasizes equality where the workers and employers have equal voices with the governments. The ILO also encourages promoting a social dialogue between the trade unions and employers (International Labour Organization, 2012). Where appropriate, they implement national policy on social, economic, and other issues. There is no international organization that is like the ILO because it resulted in the tripartite organization, â€Å"the only one of its kind bringing together representatives of governments, employers, and workers in its executive bodies (International Labour Organization, 2012).† The ILO accomplishes its work through three main bodies which are â€Å"The International Labour Conference,† â€Å"The Governing Body,† and â€Å"The Office.† These main bodies oversee progress and changes in the global fight against child labour. This allows governments’, employers’, and workers’ representatives to settle disput es and reach agreements by mutual concessions. ILO Conventions and Recommendations Conventions and Recommendations are drawn up by representatives of governments, employers and workers and are adopted at the ILO’s annual International Labour Conference (International Labour Organization, 2012). The ILO has its own Constitution which gives them the authority required to eliminate child labour. Member States are required under this Constitution to submit them to their parliament for consideration. Once a Member State ratifies a Convention, it takes a year after the date of ratification for it to come into force. Therefore, there is a process involved and nothing happens overnight in the fight to eliminate child labour. After ratifying, nations must apply the Convention in their national law and practice. Furthermore, the countries must report on its application at regular intervals as required by the ILO. The ILO provides technical assistance if necessary. In addition, â€Å"representation and complaint procedures can be initiated against countries for violat ions of a convention they have ratified (International Labour Organization, 2012).† Fundamental & Governance Conventions The ILO’s Governing Body has identified eight Conventions as â€Å"fundamental,† covering subjects that are considered as fundamental principles and rights at work. The fundamental Conventions include â€Å"freedom of association and the effective recognition of the right to collective bargaining; the elimination of all forms of forced or compulsory labour; the effective abolition of child labour; and the elimination of discrimination in respect of employment and occupation (International Labour Organization, 2012).† They date back to 1930 and go to the latest Fundamental Convention that was issued in 1999. These principles are also covered in the ILO’s Declaration on Fundamental Principles and Rights at Work (1998). The ILO launched a campaign in 1995 to achieve a worldwide ratification of these eight Conventions. This would be a huge breakthrough in the fight to eliminate child labour as there would be worldwide support of at least the fundamental princi ples and rights of work. There are currently over 1,200 ratifications of these Conventions, representing 86% of the possible number of ratifications. The ILO’s Governing Body also came up with four Conventions as â€Å"priority† instruments, thereby encouraging member states to ratify them because of their importance for the functioning of the international labour standards system (International Labour Organization, 2012). Since 2008, they are referred to as Governance Conventions. These Conventions were identified by the ILO Declaration on Social Justice for a Fair Globalization as the standards that are the most significant from the viewpoint of governance. The Governance Conventions include â€Å"Labour Inspection Convention, 1947 (No. 81); Employment Policy Convention, 1964 (No. 122); Labour Inspection (Agriculture) Convention, 1969 (No. 129); Tripartite Consultation (International Labour Standards) Convention, 1976 (No. 144).† As the titles suggest, the ILO finds it is just as important to inspect what Member States are doing as it is to create laws. There is no sense in creating a law that is not monitor ed, inspected, or enforced. International Labour Standards International labour standards are â€Å"legal instruments drawn up by the ILO’s constituents and setting out basic principles and rights of work (International Labour Organization, 2012).† International labour standards refer to either Conventions or Recommendations. Conventions according to the ILO are legally binding international treaties which can be ratified by member states. Recommendations are non-binding guidelines. In many cases, a Convention lays down the basic principles to be implemented by ratifying countries. A related Recommendation completes the convention by providing more detailed guidelines on how it could be applied (International Labour Organization, 2012). The intent of labour standards is to establish a minimum level of protection from inhumane labour practices, basic rights, enhancing job security, and improving the terms of employment on a global scale. The workplace globally needs equal basic rights, which must be on ethical grounds according to the ILO. The International Labour Standards consist of twenty three subjects which are further broken down into more specific subtopics. Each topic and subtopic has its own Convention. A Convention is an agreement between states, governments, parties, or military forces, especially an international agreement dealing with specific subjects, such as child labour (Mifflin, 2000). International organizations use these Conventions as their weapons in order to fight child labour. It is their legal instrument to hold governments and partners who agree and consent to them liable if they fail to act according to the Convention. The twenty three international labour standards include freedom of association, collective bargaining, and industrial relations; forced labour; elimination of child labour and protection of children and young persons; equality of opportunity and treatment; tripartite consultation; labour administration and inspection; employment policy and promotion; vocational guidance and training; employment security; wages; working time; occupational safety and health; social security; maternity protection; social policy; migrant workers; HIV and AIDS; seafarers; fishermen; dockworkers; indigenous and tribal peoples; specific categories of workers; and final articles Conventions. Origins of ILO and its Conventions Conventions are a part of the international labour standards and all nations that accept them must apply them to their laws. Many of the Conventions date back to the beginning of the ILO. The ILO was created in 1919, â€Å"as part of the Treaty of Versailles that ended World War 1, to reflect the belief that universal and lasting peace can be accomplished only if it is based on social justice (International Labour Organization, 2012).† The term peace well describes their goals because they seek a peaceful global workforce where no one is exploited or put to work in dangerous circumstances. The Constitution was drafted in the same year the ILO was created by the Labour Commission set up by the Peace Conference. According to Encyclopedia Britannica (2012), the Constitution signifies â€Å"the body of doctrines and practices that form the fundamental organizing principle of a political state.† Furthermore, a treaty which establishes an international organization is also it s Constitution in that it would define how that organization is constituted. Advocacy for an international organization dealing with labour issues dates back to the nineteenth century. Therefore, the ILO is not the first and only organization who recognized the importance of dealing with worldwide labour issues. However, they are the first organization to take significant actions to make a change. The ILO formed after considering the security, humanitarian, political and economic problems of the world. The ILO Constitution’s Preamble says â€Å"the High Contracting Parties were moved by sentiments of justice and humanity as well as by desire to secure the permanent peace of the world (International Labour Organization, 2012).† The ILO’s mission has remained consistent as most of the areas of improvement listed in the Preamble remain relevant today. For example, regulations of the hours of work including the establishment of a maximum working day, dates back to the beginning of the ILO. International Labour Standards Directly Concerning Child Labour Some international labour standards deal with the issue of child labour directly, while others do indirectly. â€Å"Elimination of child labour and protection of children and young persons† deals directly with the issue of child labour as the title suggests. This is the labour standard number three which has four fundamental Conventions on child labour and related Recommendations. The four Conventions include the Minimum Age Convention created in 1973 (â€Å"No. 138†), Minimum Age Recommendation created in 1973 (â€Å"No. 146†), Worst Forms of Child Labour Convention created in 1999 (â€Å"No. 182†), and the Worst Forms of Child Labour Recommendation created in 1999 (â€Å"No.190†). The Minimum Age Convention is concerning the minimum age for admission to employment. Convention 138 (â€Å"C138†) was created on the fifty-eighth session of the Governing Body of the International Labour Office. The goal of this Convention was to establish a general instrument on the subject, which would gradually replace the existing ones applicable to limited economic sectors (International Labour Organization, 2012).† Previously there had been Minimum Age Conventions for certain industries and areas where people could work. For example, Minimum Age Sea Convention or the Minimum Age Non-Industrial Employment Convention. Instead of focusing on every sector individually, the Governing Body came up with a specific Minimum Age Convention concerning all children and all forms of work. This Convention includes eighteen judicial articles in which the nations that ratify this Convention must follow. The Minimum Age Recommendations include fourteen national policies for which nations can follow but are not bound to by law. The Recommendations mostly explain what countries should do to follow the articles of the Convention itself. For example, national policy one says â€Å"high priority should be given to planning for and meeting the needs of children and youth in national development policies and programmes†¦Ã¢â‚¬  This Convention is regarded as being of high importance because in the past, children as young as five years old became child labourers. The Worst Forms of Child Labour Convention concerning the prohibition and immediate action for the elimination of the worst forms of child labour. Convention 182 (â€Å"C182†) was created at the eighty-seventh Session of the Governing Body of the International Labour Office. The goal of this Convention and its sixteen articles is in a sense created to compliment the Convention and Recommendation concerning Minimum Age for Admission to Employment. The Governing Body was â€Å"considering the need to adopt new instruments for the prohibition and elimination of the worst forms of child labour, as the main priority for national and international action (International Labour Organization, 2012).† In other words, they needed solutions to the problem and recognizing that child labour is to an extent caused by poverty. Therefore, â€Å"long-term solution lies in sustained economic growth leading to social progress, in particular poverty alleviation and universal education (International Labour Organization, 1973).† This Convention really pushes nations that ratify it to take actions in eliminating the worst forms of child labour. The most notable articles state â€Å"the term child shall apply to all persons under the age of 18,† and â€Å"each Member shall, after consultation with employers’ and workers’ organizations, establish or designate appropriate mechanisms to monitor the implementation of the provisions giving effect to this Convention.† Overall, all the articles of this Convention are instructing the members about what they must do in detail and the processes for these actions are to begin immediately. The second part to the Elimination of Child Labour and Protection of Children and Young Persons labour standard is â€Å"Protection of Children and Young Persons.† This is mostly â€Å"Up-to-date instruments† which means these Conventions were created between 1919 and 1965 and therefore needed to be revised and updated. These Conventions include the Medical Examination of Young Persons, Minimum Age, and Night Work of Young Persons. It is important for the Governing Body to go over previous Conventions and address the changes that need to be made or have been made in order to monitor the progress. Nearly all international labour standards have an impact on child labour in one way or another. For example, â€Å"Equality of Opportunity and Treatment† is an international labour standard that concerns all individuals. If an adult is treated with equality, gets the opportunities and treatment that they deserve, their children will not have to earn a living and can pursue an education. This opens up doors for the following generations of children where they can receive education because their parents have good jobs. Relatively, this connects to the international labour standard of â€Å"Forced Labour† because the ILO’s evidence suggests that children and families as a whole are often forced into labour. The reasons can include unpaid debts, poverty, or any other reason from the list of causes of child labour. Therefore, these individuals face mistreatment and are often neglected from their basic human rights. Since these international labour standards connect wi th one another, it helps the cause because even if one of them is accepted by a Member State, it automatically helps another problem that we may be unaware of.

Springdale Health Research Paper Example | Topics and Well Written Essays - 2500 words

Springdale Health - Research Paper Example The apprehension or the uncertainty affects the motivation of each of the employees of both companies. It should be noted that the acquisition is also an opportunity for Springdale to assess its own organization to determine if their current pool of talents is already the best in the industry. It is also an opportunity for Springdale to learn new and better ways of handling operations. The similarity in the operation of the both Springdale and St Mary could be an opportunity for Springdale to learn from the current resources of St. Mary the best possible practice for a more efficient operation. In the same manner that it is also an opportunity to learn new and better ways of resolving issues if not fresh strategies for their operations. However, there are several legal aspects that needs to be resolved first if not legal processes that needs to be adhered to before an actual movement and changes in the roster of personnel can be affected by Springdale. The collective psychological ce nter of all the employees should also be taken into consideration to ensure that any apprehension originating from the employees because of the merger will not affect the operation. A comprehensive plan that will take into consideration the legal aspect and operational imperatives of Springdale will be described in the next couple of pages. Discussion The following solutions will not only tackle the legal aspect of the immersion into Springdale of St. Mary’s staff but its acculturation as well. In merging the operation of two entities that has the same operation it is imperative to maximize the possible benefit that Springdale can get from the deal. In terms of operational strategies it is prudent to know the current efficiency, effectiveness and quality of both the companies for each department. Surveying the processes of each of the departments from each company to come up with the best possible permutation of processes that works to come up with the best possible strategy and process will be the onus of any process improvement targets by Springdale. Evaluating the performance and qualification of the personnel from each company will enable Springdale to determine who amongst the Springdale and St Mary’s roster of employee has been a consistent top performer. To erase any apprehension from the staff especially for the effective staffs that will be retained a good communication strategy will have to be devised to ensure that proper communication of the intent and desire of the management is conducted. The legal aspect of any personnel action will have to abide with the affirmative action (The President of the United States, 1965) executive order of President John F. Kennedy which was later modified by Lyndon B. Johnson. Any action directly affecting the employess will also have to abide by the Labor Laws of the United States that would include the National Labor Relations Act or the Wagner Act (United States Senate, 1935). Other pertinent laws p rotecting the rights of the employees that will be laid off should be protected therfore all pertinent procedures should be adhered to. Diversity Workplace diversity is a personnel integration and management issue that focuses on the differences and similarities that people contribute to the organization (Bormann, Schmidle, & Miller, 2010). It is usually explained broadly to

Investigative Study Essay Example | Topics and Well Written Essays - 2500 words

Investigative Study - Essay Example But from 1 October 2011, employers will no longer be able to dismiss an employee just because they have reached 65 unless they can objectively justify doing so, which in many cases will be difficult to prove. For example, an employer recruiting within the emergency services will be justified in having a retirement age as such a service requires a significant level of physical fitness. ‘When the DRA was introduced in 2006, it was not intended to be subject to initial consultation and review until 2011. This review date was brought forward due to the economic climate and the changes this has brought with it. In addition to this, the Government consider that people are living longer and should therefore be given the right to work longer if this is something they wish to do’(McGowan 2011). Between 6 April 2011 and 1 October 2011, only employees notified before 6 April 2011 and whose retirement date is before 1 October 2011 can be compulsorily retired using the DRA procedures . This effectively means that after 6 April 2011, if procedures have not already been commenced, employers will not be able to compulsorily retire employees without objective justification for doing so. a. Discussion of the implications to employees e.g. assessment of fitness to work, HRP, L&D, compliance with equality legislation The implication of this for employers is it may cost the business more in terms of insured benefits like life insurance and private medical coverage beyond the normal retirement age. The Government responded by stating that an exception will be introduced to the age discrimination rules so that employers do not suffer a detriment in this respect. However, this has not been confirmed yet. Employers can no longer simply rely on an employee reaching 65 for retirement to occur. This has the potential of affecting succession planning in an employer’s business. Employers are therefore under more pressure than ever to introduce policies and procedures that deal with the workforce generally such as work force planning and formal performance management procedures. The default retirement age of 65 for employees is currently an important exception to the ban on age discrimination in the workplace. Currently, if the statutory retirement procedure is followed employees cannot bring legal claims against their employer for forcing them to retire. Employees can ask to continue working, but employers are under no obligation to say yes. ‘The statutory retirement procedure requires an employer to notify an employee of their intended retirement date no more one year and no less than six months before that date’ (http 2010). ‘Less than a quarter of employers are in favour of scrapping the default retirement age of 65, while even fewer have made plans for it, according to new research’ (GP Business 2011). Law firm DWF's study discovered that only 24% think the new regulations that come into effect on April 6 this year are a good idea and just16% have made provisions for the change. In the wake of the findings, DWF held an HR directors' forum in

Cryptography & Coding Essay Example | Topics and Well Written Essays - 3500 words

Cryptography & Coding - Essay Example There are various factors involved in the security of a variety of software applications, ranging from protected commerce payments, personal communications as well as defending passwords. One fundamental way for safe communications is cryptography. Cryptography is presently the main information and data security technology. However it is significant to note that as cryptography is essential for safe communications, it is not by itself sufficient. This research presents a detailed analysis of the cryptography technology in terms of information and data safety. In this research I will present the comprehensive overview of the main security and privacy aspects those we need to assess during the implementation of any security policy. The technology of cryptography is very old but its utilization in the information technology sector was seen after the emergence of web based crimes. The research will spotlight on the main cryptographic technology, types, algorithms, application areas, main advantages, and some of the main technological scenarios. Introduction Data is the most important element of the firms for the reason that they heavily rely on this data to run and manage their business tasks. Basically, data can be defined â€Å"as the â€Å"group of unrefined facts representing events taking place in organizations or the physical environment prior to they have been structured and managed into a structure that people can identify and utilize and Information refers to data that have been transformed into a structure that is important and functional to human beings† (Laudon & Laudon, 1999, p.7; Norton, 2001, p.4). Without a doubt, both the data and information are believed to be the main assets of almost all the business organizations. In this scenario, it is essential for the business organizations to protect these assets from possible threats. According to (Laudon & Laudon, 1999, p. 502), â€Å"security is a set of rules, actions, and technical measures u sed to stop unlawful access or modification, robbery, and physical damage to the database. Privacy refers to the right of individuals and organizations to forbid or restrict the compilation and utilizations of information about them.† In the past, information privacy was uncomplicated to retain for the reason that information was kept in different locations. Each business had its own acknowledgment files. Each government agency kept detached records. Doctors kept their own patient files. On the other hand, at present, massive databases store this data online. A large amount of this data is private and secret and should be reachable only to approved users (Shelly, Cashman, & Vermaat, 2005, p. 591). In this situation the data security becomes a big challenge which demands implementation of effective methods. Cryptography provides useful techniques for security of data and information. Technology of Cryptography can be described as the science which deals with the processes of al teration of information or data into a scrambled code that can be decoded and sent all through a private or public network (Akdeniz, 1996; Kessler, 2009). Anonymity and Privacy In their research article (Martin, 2006) discuss that both the privacy and anonymity on the web are noteworthy because they are hard to attain. Online privacy concerns are in the news each day currently.

Avoiding Taxes Essay Example | Topics and Well Written Essays - 750 words

Avoiding Taxes - Essay Example The US tax returns process requires the US citizens to pay tax on the incomes they earn all over the world. The US citizens are required to pay income taxes on their world-wide income irrespective of the fact whether they visited the US land in recent times or in the recent decades. This led to the renouncing of US citizenship by the US people which has increased from 231 in 2008 to 1781 in 2011. By giving up US citizenship, the people of US or people residing abroad are able to reduce their tax liability as they are not required to follow the lengthy process of US tax returns (Yoshov, 2007). The tax liability is also reduced as the taxes on worldwide income are reduced as an effect of renouncing the US citizenship. Thus the overall tax liability is reduced as a result of renouncing of US citizenship by people especially in US and also by people holding US citizenship and residing abroad. Tax liability: Effects of dual citizenship Many people having US citizenship have migrated to other countries where they also hold a citizenship of that country. England and Wales constitutes the highest number of US citizens all over the world. These people have dual citizenship in both the US as well as in another country like England. The effect of dual citizenship is, however, complicated as the people are required to pay taxes to both the US government as well to the Inland Revenue System of the country of residence. Thus the effect of dual citizenship does not help the people in reducing their tax liability. Because of the US citizenship, the people are required to pay taxes for the worldwide income. Apart from this, the US citizens are also required to pay taxes to the host country where they have migrated and are earning their income (Patterson, 2006). Apart from this, the dual citizenship would also enforce the US citizens to pay capital gains tax to the US government if they sell their properties in another country which is their main residence. Thus dual citizenship would make the tax liability more complicated. Comparison: Effects of renouncing US citizenship to establishing dual citizenship The effect on tax liability of the income earned by the people having US citizenship could be compared to the people having dual citizenship. The act of renouncing the US citizenship is a much more acceptable option as the people would not be required to pay taxes for more than once for only one income. By giving up the US citizenship, the people would not be required to pay taxes on their worldwide income. They would only be required to pay taxes to the host government for the income that they have earned on their land. The renouncing of US citizenship, however, involves a one time cost as the US citizens should complete a US tax return for five years. There are also legal costs involved for the process of immigration. On the other hand, dual citizenship would make the tax liability much more complicate d (CCH Incorporated, 2007). The citizen would have to pay income taxes to the US government irrespective of where they have earned their income. The sale of properties in the country of residence would require the citizens to pay capital gains tax to the US government. Apart from this, the citizen would also require to pay taxes to the host government for the income earned in the host country which is their actual residence. Thus from the perspective of reduction of tax liability, dual citizenship would be more complicated as compared to renouncing of US citizenship. Decision on renouncing citizenship versus dual citizenship From an individual perspective, renouncing US citizenship would be much easier as compared to taking up dual citizenship. From the view point of reduction of t

Hillary R. Clinton for President in 2016 Essay Example | Topics and Well Written Essays - 1000 words

Hillary R. Clinton for President in 2016 - Essay Example In a democratic country, the citizens in a process of free and fair elections elect the government. In every four-year cycle, the USA holds its presidential elections. The current USA President a Democrat, Barrack Obama, is successfully coming to the end of his tenure. According to the Twenty-second Amendment to the USA Constitution, a president can only serve a maximum of two terms. Therefore, President Barack Obama will not be seeking re-election. Bearing this in mind the Democratic Party has received a number of potential candidates who are seeking to run for the presidency on its ticket. Hillary Rodham Clinton name is among the list of potential Democratic Party candidates who have expressed their interests (Stern). Hillary Clinton has a wealth of experience in the public life and politics. Her experience in public life had begun long before she was the First Lady of the USA from 1993 to 2001. She attended Wellesley College in 1965 where she was majoring in political science. In her first year at the College, she was elected the president of the Wellesley Young Republicans. It was her first public office among the many that she would later hold. She earned her law degree from Yale Law School. Hillary Clinton got married in 1975during a private ceremony to Bill Clinton. Her life in Arkansas was busy as she joined Rose Law Firm and going up its ranks to make partner (Carl). She was further thrust into the public limelight in 1978 when her husband, Bill Clinton, was elected the Governor of Arkansas. Being a first lady kept her engaged and busy for the next 12 years. She was juggling her duties as Arkansas’ First Lady, a mother, and serving on the boards of different corporations. She was th rust into the political light in 1993 when she became USA’s First Lady. Hillary Clinton has over 12 years’ experience in politics serving in different capacities. For

Reflect on the alignment between your skills and attributes and those Essay

Reflect on the alignment between your skills and attributes and those required in commonwealth bank of the accounting profession - Essay Example There is an array of environmental characteristics to which an accountant working with Commonwealth Bank is exposed to. Some of the major operations taking place at the Bank are private and business banking, enterprise and group services, dealing with markets and institutional banking, retail banking service and wealth management. No matter what kind of environmental traits an accountant is exposed to his skills and attributes must be always aligned. To work as an accountant at the Commonwealth Bank one need to have some professional skills as well as some expertise in his or her respective field. In addition to having the basic accounting skills the accountants must also have some other essential skills such as being computer literate and possessing in depth understanding of spreadsheets. As an accountant at Commonwealth one has to deal with petty cash, the investments and bank accounts of other people, so it is necessary that he or she is trustworthy and honest. It is important that the accountant adheres to all the organizational and accounting policies. Commonwealth Bank likes to include individuals in the firm that are good at multitasking. The Commonwealth Bank also likes to include fresh graduates as interns in their team. The reason the Bank likes to welcome new talent is because it wants that minds with new and innovative idea should be the part of the organization and come up with creative new ideas. The firm does not desire for graduates having much experience as interns. All they are looking for are interns willing to work and learn with the bank on a contractual basis. All they require to have is the basic accounting knowledge and computer and presentation skills. Commonwealth Bank may ask its accountants to lead teams for various important projects. They are also required to oversee projects and enforce the policies of the Bank. It will be an advantage for the Bank if the accountant possesses strong communication skills as it will be

Kant vs. Aristotle Essay Example | Topics and Well Written Essays - 750 words

Kant vs. Aristotle - Essay Example Duty is reasons-choice is freedom, and when you can choose what to do, morality and ethics take a back seat. What is considered moral to some people may not be empowering to all people, and when someone says, "This is moral-this is what you have a duty to do. Therefore it is the law", not everyone may agree and will become disempowered when they are required to do the duty. Morality is nothing more than self-delusion and exaggerated conceit. (Timmermann, 10) What one person considers "saintly", may just be "normal" to someone else, and therefore not a moral or ethical duty. An example of this would be when someone invites a homeless person into their home for a meal. Others may think this is a "saintly" act, but the person who invited the homeless person may just consider it a routine, daily activity-because it is in their nature to do so. It may not be a matter of morality or ethics to this person, but as a normal way of being for him or her-a normal response to the commitment he or she made about a particular issue. According to Timmerman, Kant believes that an action is only moral when done in the sphere of duty. It cannot be supererogatory, nor can it be a matter of choice. When done from duty, it is what a person is obligated to do, and it is moral, but it is not freedom. Kant says this because good is not measured in more or lesser degrees. (Timmermann, 14) One cannot be expected to perform extravagant acts if the person chooses not to. Duty would make a person perform a certain act, but it there were no duty, the act would not be performed. On the other hand, Aristotle says that a just action does not need to be required to be chosen to be done. This means that just because an action is required by law, does not mean that it has to be done. Reasons are excuses-why need reasons to be great Why require reasons to do what is just Do it because you proclaim it needs to be done. The act doesn't matter-it's who you are being that matters. Example-someone who saves another person's life just for the fame and glory is doing it from an unstable disposition. But the person who saves another person's life because it needs to happen is doing that from a stable disposition. According to Aristotle, it is better to be humble and do just and fair acts; than to do an act for dishonorable reasons. When a person just wants the fame and glory, they are not really interested in contributing to the human condition-they are acting from a selfish perspective. To be truly honorable, according to Aristotle, the act must spring from who that person is being. He sees that who a person is being is more important than what that person does. If a person is being selfish, that is also what the person does. Selfish acts come from a selfish disposition. But when a person is being loving, then loving acts come out. Actions are just the overflow of the character-who we are being. Development of character has three phases: 1) who we are being, 2) what we do, and 3) what we have. When the first one is not complete, we are not complete as a whole. Action comes second to who we are being, and Aristotle believed that when someone's actions are incongruent with who they are being, then the actions are invalid. Kant, however, believed that choice was more important than duty, and when someone is free to choose what they want to do, they are living in a higher space than someone who is doing something out of duty, because it is "moral". Duty dictates what we "should" do, while

Business Administration Goals Essay Example for Free

Business Administration Goals Essay The world of business is one of the most complex yet interesting fields that an aspiring professional may dwell into. Business can turn a poor man into a tycoon just by venturing to franchise, invent a new device or work for a million-dollar company. Even though business may sometimes scare other individuals, it is also the very reason why others strive hard to be a part of the fast-moving commerce elites. As mentioned, it makes great impact to a person’s life. Hence, not all who took the risk was able to succeed, if business is not administered in the most effective way—it could cost a person a lifetime in paying debts. Conceivably, I belong to the group of aspiring individuals who dreams of having a company that will change lives of other people. Even though I am aware of the risks of petitioning myself to the lives of the privileged, I am whole-heartedly stepping forward to pursue my dream. My sole ambition is to serve the public with grace and wit—make ethical decisions and sustain financial stability—but before all that, I know I must be able to hone myself in becoming one. Success does not happen overnight. It requires determination and the right education to build an empire of assets. My dad is a business man. I grew up knowing that being a businessman means being a leader. It does not necessarily mean that I need to have constituents to lead, but that I need to be decisive. My father always told me that business tycoons who failed in the industry were nothing but greedy individuals who does not know a thing or two in making decisions—the ethical ones. Since then I promised to myself that I will be a leader who knows how to lead well. A person anchored not only with tangible assets but with knowledge. Entering college served as a crossroad for my dreams. I was torn between engineering and business. Most of my friends in high school encouraged me to enroll with engineering courses. For a while I was dumbfounded with the thought that neither of my friends wanted to become leaders of tomorrow—own a construction company per se. But my instinct was racing through my veins, as I turn every magazine that featured the finest business tycoons in the country, my heart pounded. I then knew I wanted to be like them. It was a field that I grew up with and it will be what I shall pursue. I had my degree in business administration. The goal that made me pursue my dream was a manifestation of my confidence. The training that I have received inside the walls of the classroom and off to the real world brought out the entrepreneur in me. During my academic years, my mentors taught me how to manage a business entity—the aptitude in solving problems which are based on the comprehension of tools, concepts, and theories of functional business disciplines. Aside from that, it is through education that I acquired the capability to excel functional borders, fusing and integrating information to create multifaceted, short-term decisions with limited data. Education has served me well in honing myself in becoming a capitalist of the 21st century. It was through commencing and conducting researches and divulge in competitive analysis that I was able to apply the strategies that I learnt. I realized that environmental scanning is necessary for long-term strategic decisions. To effectively harness and utilize the dawning of technology and employ such in the most deliberate manner was a mean of keeping one’s game alive. Competition is tight in the business arena. Each player must be prepared and must have forecasting methods to stay in the game. My goal is to enrich my knowledge on these fields which I know are beneficial for my future career. Every individual have a set of goals. Mine only happens not only to be a goal but also a dream that I have long wished to hold a grasp of. I want to improve the knowledge and skills that I have acquired in my tertiary years. I humbly believe that there is more to learn. Given the fact that I am determined to run a company that will provide employment for the underprivileged, I know I need to be equipped with the capacity to balance finances and be armed with managerial skills. In the light, I am optimistic that I will succeed. Every single lesson will help me in the future and possibly help others. I do not only wish to keep the knowledge that I have for myself but I also intend to share these with other aspirants—to help the next generation in raising the economy of the country. Globalization has expanded the face of business in the society. I consider every country an asset as new ordeals shall be discovered. Thus to be able to handle this massive weight of transactions I must learn the twists of every nation’s economy and become skilled at risk management. I am preparing myself for the worst. As mentioned earlier, anything can happen. Although quite on the contrary, I envision myself breaking boundaries. My goal now is to defy the trend of risk-taking; that given the efficient strategies, a blooming entrepreneur will not fail. Individuals who still believe in the necessity of the discipline of business administration to address real world, value laden issues would gain a foothold and began the long climb back to a place in the sun. As modularity becomes an established way of doing business, competition among fresh and old dogs in business will intensify. Nevertheless the society will look for the best-performing or lowest cost goods and services, spurring these increasingly sophisticated and independent suppliers into a race for innovation. The world is full of possibilities, they say. Therefore there is a spark of hope in the goals I have set. I may sound too idealistic in this sense but I am looking on the bright side. I will make my parents proud. I will reach my goals—no matter how tough the ride gets.

Obstacles to Internationalization of Vietnamese SMEs

Obstacles to Internationalization of Vietnamese SMEs Major difficulties and obstacles to internationalization of Vietnamese SMEs Financing problems Lack of capital to expand production and business are considered as common phenomenon of SMEs. Despite of Vietnamese government’s effort to facilitate SMEs’ process of accessing capital and commercial banks have made great strides in the provision of credit to SMEs, surveyed about the difficulties, more than 60% of SMEs often have difficulty in financing, according to Vietnamese Ministry of Planning and Investment (VMPI, 2009). SMEs usually mobilized capital from relatives, friends or bank loans. Clearly, the poor access and low speed to access to capital is main disadvantage of SMEs compared to large corporations because it stymies the expansion, especially foreign expansion, of SMEs. The fact that only 30% of the capital is borrowed from banks and credit institutions. The main reasons are, most business have insufficient collateral for the institution to borrow money, financial management is not really transparent, and creditors sometimes acquire reputations as credit worthy because of moral hazard and adverse selection problems (TD). Sometimes, in hurry and needing capital, SMEs have to pay for non-financial creditors with interest rates 3 to 6 times higher than common official rates (VMPI, 2009). Difficulties in land and production premises Another difficulties that SMEs have to face is land and production premises. To some extend, it is also another financial problems for them. Over half of SMEs have major operations in the field of trade and most of them use their house as office, or lease small offices (VGSO, 2009). Otherwise, many manufacturing SMEs have to rent the land or premises with high cost. Even when they want to have long-term investment, there still is hesitation due to lack of legal guarantee (TD). Recently, many places have carried out many planning and construction of industrial clusters of SMEs aimed at bringing together the business production business. Some provinces such as Ha Noi, Bac Ninh, Vinh Phuc, Hung Yen, Hai Duong, Ha Nam, Thai Binh, Da Nang, Quang Nam, Quang Ngai, Binh Duong, Dong Nai, Ho Chi Minh Cityhave built many industrial clusters for production and attracting foreign investment. However, due to rent land with inadequate financial capacity of businesses in small scale, so many SMEs st ill cannot access these zones. SME survey data in 30 northern provinces, showed that 42% of businesses having difficulty in land and production premises. Imperfect information Another disadvantage of SMEs’ entry is their information disadvantages about market such as labor market, materials market, and output market conditions. Besides, customers’ poor information about these new entrants also account for blockade new SMEs have to face in foreign expansion procedure. However, there is argument that steady entry might erode the information barriers because later entrants can learn from earlier entrants’ mistakes. The higher steady flow of new entrants, the less dependence of customers and even workers on established large corporations (TD) Corporate management is not high quality and low quality human resources Level of production and business management of SMEs which are almost private enterprises, is still limited and largely based on personal experiences of business owners, investment with little application of information technology into management. Skilled workers in SMEs are fewer compared to large corporations because of relatively lower and less stable salary. Especially, new market entrants also may find it difficult to attract good workers because employment and contracts with established large firms are seen as less risky. Low level of technology, weaknesses in RD Most SMEs have the backward technology, equipment. According to VMPI, results of survey for small and medium enterprises in 30 Northern provinces, in the nearly 11 thousand industrial enterprises surveyed, there are only 8% of businesses having advanced technology. Surprisingly, there are 50% of businesses said they could reach the average level of technology, and the remaining 42% of enterprises chose the answer of backward technology (VMPI, 2009). Moreover, skilled workers in SMEs are few, so the quality of products, goods and services is not high, thus they have weak competitiveness and difficult to dominate domestic and international market. The level of investment in technological renovation of enterprises is still low compared with development requirements. Most SMEs are lack of motivation on the research for technological innovation. Content of technology and knowledge in goods of Vietnam SMEs are low. In fact, the product is made mainly based on capital and unskilled labors. Only some small firms are innovators. Many smaller firms undertake no innovative activity. Some may be serving local niche markets relying on owner’s control. Still other small firms might be unsuccessful innovators (TD) Awareness and observance of the law is limited A number of SMEs have not followed strictly the provisions of law, especially provisions on taxation, financial management, labors management, quality of goods and intellectual property. The situation of complaint about the laws compliance of enterprises has been popular even in the period of deeper economic integration with various international commitments. This could even lead to conviction because of tax and financial violations. Therefore, limited awareness of law brings greater barriers to foreign expansion because SMEs need to work with not only domestic but also foreign legal system. Survey report The difficulties and benefits to the internationalization of SMEs 1. Difficulties To find out solutions to promote internationalization, research has to point out the obstacles from the environment inside and outside the enterprises. For SMEs, the main difficulties are often referred to as inside and outside difficulties. Inside difficulties of Vietnamese SMEs Inside difficulties: Lack of capital, Lack of quality human resources, Out of date Technology, Difficulties in acquiring land and facilities for manufacturing and trade activities, Lack of knowledge and experiences in international business environment, and Limitation in management capability. 1: Lack of capital 2: Lack of quality human resources 3: Out of date Technology 4: Difficulties in acquiring land and facilities for manufacturing and trade activities 5: Lack of knowledge and experiences in international business environment 6: Limitation in management capability 7: Others Data from our survey shows that Lack of capital, Lack of quality human resources and Lack of knowledge and experiences in international business environment are main difficulties of SMEs. Especially, there are about 50% of SMEs considering the lack of capital is most important reason inside SMEs, which is the obstacle to the internationalization. Other reasons such as Out of date Technology, Difficulties in acquiring land and facilities for manufacturing and trade activities, Limitation in management capability are not higher but each of them also account for more than 10%. Outside difficulties of Vietnamese SMEs Outside difficulties: Highly risky and competitive environment, Unattractive profit, Disadvantages from the Vietnamese Policies, Too many barriers and restrictions to market penetration in many foreign countries. 1: Highly risky and competitive environment 2: Unattractive profit 3: Disadvantages from the Vietnamese Policies 4: Too many barriers and restrictions to market penetration in many foreign countries 5: Others In terms of outside reasons, almost SMEs (nearly 70%) consider highly risky and competitive environment is the main obstacle to internationalization. One of the special features are drawn from the survey is, in addition to concerns about the risks and fierce competition in the business environment, many SMEs consider the inadequacies of government policies in Vietnam and barriers and restrictions to market penetration in many foreign countries are the main obstacles to their internationalization: 2. Benefits The main benefits: Helping innovation technology, Business experience gaining, Improving the qualification for employees and leadership skills for the management, Spreading enterprise’s image, brand and prestige, Providing opportunities to attract and accumulate more capital. Benefits from internationalization: 1: Help with innovation of technology 2: Help with business experience again 3: Improve the qualification for employees and leadership skills for management 4: Help spread your enterprise imagine, brand and prestige 5: Provide opportunities to attract and accumulate more capital 6: Others In terms of positive effects, according to our survey, most SMEs think that five positive effects mentioned above are the main positive impact on their business. Other positive impacts account only 1.13%. Especial thing is, there are nearly 70% of SMEs believe internationalization will help them with business experience gaining. Actually, in a volatile business environment with many risks and challenges, this is a positive and optimistic signal of SMEs. Furthermore, many of them believe that internationalization helps to expand their business, brand and prestige. Moreover, as discussed in obstacles part, lack of capital is significant obstacle to internationalization, but in the chart above, we can see that they also think internationalization as a way to providing opportunities to attract and accumulate more capital (with more than 50% of SMEs believe internationalization as a way to providing opportunities to attract and accumulate more capital). Recommendations The result of this research lead to some recommendations for policy makers and SMEs managers For policy makers Create a favorable business legal environment which is equal, transparent, Continue to further economic reform and open the economy policy; Continue to simplify the regulations to create favorable conditions for business registration, market entry and operations of the firms: Enterprise Law, Land Law (Facilitate access to land and production premises for SMEs), Tax Law, Trade Law (Promote the international economic integration through bilateral, regional and multilateral channels), etc. Create favorable conditions for SME access to finance: Credit guarantee fund, SME financial fund, venture investment fund, get loan from commercial banks, etc. (Ministry of Finance, State Bank of Vietnam, Provinces and central run cities) Support SMEs to improve their competitiveness: technique innovation, intellectual property protection, training on enterprise management and for human resource, market information (Ministry of Science and Technology, Ministry of Industry and Trade, Ministry of Education and Training) For SMEs managers In internationalization process, SMEs need take initiative in preparing the necessary â€Å"baggage†, creating a basic capacity of international economic integration and ready to grasp better the opportunities and confront challenges from this process Map out a strategy to internationalize SMEs need to carefully research the market, study the strengths and weaknesses, research opportunities and challenges; clearly define the objectives, benefits and risks of internationalization; find out the main factors and conditions deciding the success of internationalization; choose the suitable methods of internationalization. Take opportunities to attract more capital and innovating technology In terms of technology, SMEs need to promote its inherent flexibility to capture and take advantage of the opportunity to catch new technology. Besides financial aid from the government, SMEs should actively seek opportunities from other resources such as financial support from the joint venture partnership; establish feasible business projects to attract capital from banks, venture capital funds; conduct joint venture with other firms as needed. Apply international standards in production and business One of the challenges or obstacles for Vietnamese SMEs when enter the world market are the technical barriers to trade. Countries have different requirements related to goods and services. When international economic integrating, Vietnam SMEs must also acquiesce by these requirements. Therefore, it is necessary to apply international standards in production and business activities actively, depending on the requirements of markets and depending on the ability of each enterprise. Emphasis on improving human resources quality SMEs should be more emphasis on improving human resources quality, focused training and recruitment of talented and knowledgeable managers about the international market, skilled workers who have ability to grasp new technology. SMEs also need stronger links with educational institution for training and retraining of human resources. Moreover, to organize production and marketing in foreign market, managers need to work with new legal system and social customs. Therefore, sending out expatriate managers and experts is also necessary because managers with inexperienced in internationalization may not have necessary knowledge to be efficient international operators.