Do foreign workers benefit the host country? In many countries‚ foreign labor is an important part of the economy. Using migrant labor can contribute to the development of a country‚ but it can also cause economic problems. What are some of the advantages and drawbacks of expatriate labor for a country’s economy? The development of countries such as Singapore‚ Brunei‚ the Gulf countries‚ and even the US has been helped greatly by millions of foreign workers. While foreign workers are cheap and
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REINFORCING STEEL: Reinforced concrete was designed on the principle that steel and concrete act together in resisting force. Concrete is strong in compression but weak in tension. The tensile strength is generally rated about 10 percent of the compression strength. Steel is the best material for reinforcing concrete because the properties of expansion for both steel and concrete are considered to be approximately the same; that is‚ under normal conditions‚ they will expand and contract at an almost
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CASE ANALYSIS ABC STEEL COMPANY (for Human Behavior in Organization) VIEWPOINT: a) Mr. Robert Cruz‚ newly appointed Shop Manager of ABC Steel Company. The company had placed Mr. Robert in charge of all shop operations; OR b) Top Management TIME CONTEXT: At present I. PROBLEM STATEMENT: How can ABC Steel Company avoid delays in the production and delivery of the products to the customer? II. STATEMENT OF THE OBJECTIVE To strictly comply with the stated delivery schedule requirement
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Why Imperialism Benefits Only the Invading Country At the turn of the industrial revolution‚ countries left and right began to unify creating bigger and stronger nations. With the creation of these new countries‚ a new sense of identity came along called‚ nationalism. Nationalism was a way someone identified themselves as being a citizen from a certain country‚ unlike before as being part as a religion. This new sense of national pride helped unify countries but also put all of Europe in a competition
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I. Porter’s Five Forces Analysis of the Steel Industry & Firm Level capabilities analysis 1. Competition from substitutes Increasing substitutes in the form of plastics‚ aluminum and advanced composites. 2. Threat of Entry High barriers to entry in the integrated mill segment. However‚ with the mini-mills‚ the barriers are being lowered due to lower costs (a tenth of those in the integrated mills per ton of steel produced). 3. Competition from rivals Highly competitive since products are
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in the last 20 years being around 15%. Tesco entered China in 2004‚ after several successful Asian ventures including Thailand‚ South Korea and Japan. The Chinese market was a very different market in terms of tastes and preferences from the other markets that Tesco operated in. Therefore‚ it decided to enter the country through a joint venture so that it could learn about the market through its partner‚ which had operated in the market for several years. Also‚ by the time Tesco entered China‚ other
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“Countries grow at different rates because they accumulate capital at different rates.” Is this true? Explain your answer. Since the Industrial Revolution‚ economists have attempted to explain why certain countries economies grow at greater rates than others. The post-Keynesian era saw the introduction of the Harrod-Domar model of economic growth. This model explained an economy’s growth rate by observing the level of saving and productivity of capital in the economy. The neo-classical Solow-Swann
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possible market share‚ and to increase it further‚ it would have required additional price cut. So‚ the option with the firm was to expand its operation in the segment of specialty steel segment‚ which is typical mini mill product line. The alternative was to increase beam size capacity and directly challenge large integrated steel companies. Due to constraint of the rating of available rolling mill‚ it could make only small section beam. Manufacturing of medium and large section beams needed higher capacity
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It’s a fact‚ when talking on the subject of war‚ we presume that if the generals and country leaders didn’t start them‚ they would by no means occur. In a book like Storm of Steel by Ernst Junger‚ though‚ there seems to be one more requirement‚ ready and enthusiastic soldiers. Junger would have probably preferred themselves "warriors" or barbarians. It’s within this book that Ernst Junger tells the story of a man who describes and most likely believed that the battlefront of World War I was not a
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Without being born in a different country and having to move to a different country in the first five years of my life‚ I wouldn’t be the person I am today. I had difficulties with the language barrier and being different from the other kids made me realize that‚ from a young age‚ being different made me special. I moved from Roxas City‚ Philippines to Lebanon‚ New Hampshire in 2005. At the age of five‚ I travelled with my mom‚ dad‚ and little sister. I had already started my education in the Philippines
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