Thursday, February 27, 2020
Port Authority Transit Corporation Strike Essay Example | Topics and Well Written Essays - 250 words
Port Authority Transit Corporation Strike - Essay Example Before being getting the job, these workers knew that the job was critical for many lives depended on them. Ã Apart from being aware of how demanding the job is, they also knew that they were working under the US federal government thus; it was against the law for them to go on strike (Northrup, 1984). Ã Since these employees defied the law and went ahead with the strike, it, therefore, implies that they also went against the president of the US. This is because the employees worked under the federal government managed by the president. Ã Hence, in my opinion, this strike was not ethical. Ã Ã Was it ethically acceptable for President Reagan to fire the striking air traffic controllers? Ã In my opinion, firing the air traffic controllers was an ethical thing to do. This is because not only did they put the lives of many citizens in danger but they also went against the president. One reason why the air controllers went on strike is that they had the perception that they we re highly dependable and by going on strike they thought that they would receive attention (McCartin, 2011). Ã The other reason why I believe President Reagan's decision to sack the controllers is because they declined his humble request that they return to work. By refusing to return to work, these workers went against the president hence giving him no other choice but to fire all of them before hiring retirees and military controllers to take over the jobs left vacant (Northrup, 1984).
Tuesday, February 11, 2020
Citibank IN New Countries for Futures Markets Development Essay
Citibank IN New Countries for Futures Markets Development - Essay Example Furthermore, the projected customer base also determines the market entry approach that best fits that target market. In the case of Chile, the country illustrates an ideal market size approximated at 17.4 million citizens, and with the main degree of economic freedom. In this regard, the best market entry approach for Chile is the improvement of customer engagement and satisfaction through more relevant ad timely communications. This is mainly because of the large projected customer base that in turn requires for additional attention. The real-time relationship between the customers and the bank backed by the timely communications offers in-depth customer insights through each interaction point (Czinkota 512). The turning of customerââ¬â¢s insights into automated and operational brilliance further paves way for the new banking service in Chile thus leading to realization of higher profits. This approach also suits Chile as it incorporates the research evidencing the deficiency of banks to provide value to their customers. Countering this pre-existent condition, this approach enhances the customerââ¬â¢s records using key insights such as their lifestyle and banking behavior. As a result, there exists a more relevant and effective distribution of value to all segments of the customer base. Subsequently, factors such as high ranking in World Bankââ¬â¢s income groups of 2012 and lower middle economy characterize Bolivia. Furthermore, the similarity between Bolivia and Chile as illustrated by the cultural dimensions calls for an entering approach that depicts slow customer attrition while building stronger relationships (Carlton 252). This approach ensures minimal dissatisfaction of customers thus preventing loss of established customer bases to competitors. Through creation of early warning systems, this approach identifies the customersââ¬â¢ turning points prior to their occurrence thus providing a chance to address the customers at risk. In other wor ds, this approach ensures continuous productivity through active implementation of retention measures through shaping the services according to the customerââ¬â¢s preferences. On the other hand, Slovenia illustrates a collective society whose members exchange adherence and loyalty. With a reduced market size, Slovenia calls for a real time customer growth initiative. This approach propels take cross-sell and up-sell to new heights by triggering the target marketââ¬â¢s readiness to open new accounts and enjoy the services offered. Through development of cross-sell and up-sell programs, identification of customerââ¬â¢s readiness to create, change or start utilizing on-line services becomes predictable. As a result, the bank gains control over the sale of certain products and services through studying customer behavior. Foreign direct investment actively participates to the growth of global business through provision of new markets and applicable marketing channels (Graham & S paulding 1). Furthermore, it contributes to provision of cheaper production facilities in a country like Chile where the population is relevantly high. Furthermore, licensing accrues for significantly higher returns through engagement into relatively risky markets such as Bolivia. Following to extreme competition, foreign direct investment facilitates provision and effective utilization of new technology, products and skills. On the other hand, these aspects aid the development of a strong forward
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