SAUBI BASIC INDUSTRIES CORPORATION (SABIC) Introduction Saudi Basic Industries Corporation (SABIC) is a public manufacturing company in Saudi Arabia with its headquarters in Riyadh, Saudi. The company was founded in 1976, and the main reason why it was founded was to turn the by-products of oil into productive chemicals. According to …, SABIC is ranked second in the public list of companies in the Gulf Cooperation Council (GCC). GCC is a Trade bloc, and it is also known as The Cooperation Council for the Arab States of the Gulf. It is an economic and political organization that comprises all the Arabic States except for Iraq, and its capital is also located in Riyadh, Saudi. SWOT Analysis of SABIC A SWOT Analysis is an evaluation done by an individual, organization, or company to help them identify the internal weaknesses and strengths, as well as their external threats and opportunities, to survive competition in the market. The strength of SABIC is that first, it is among the top leading companies in the manufacture of fertilizers and chemicals. Again, it is the top-ranked…
Big City Association of Small Business Owners. RE: Small Business in the Digital Age I run a small business in this digital age, and is my pleasure to deliver this presentation to you fellow entrepreneurs as we seek to grow our businesses with limited resources. In the digital age, change and adaptability is inevitable. The market is changing at an alarming speed and running a business in this age is not easy. The challenge we small entrepreneurs face is limited resources but even amidst this constraint we still need to grow our businesses and remain relevant in the market place. Technology is transforming businesses and it’s imperative that we adopt it to prepare our businesses for todays and future success. We also need to respond to the everyday changing customer needs. Credentials I am the owner of Gulf Coast Marketing (GCM). A small firm with extensive experience in crafting and executing top notch social media strategies. We have successfully crafted social media strategies for many clients. Our company have great presence in LinkedIn, Twitter, Facebook, and also have a YouTube…
cyber protection and machine trust Computer organizations and individuals should identify their cyber protection and machine trust needs with three key concepts. Confidentiality The obligation of secrecy is to prohibit unauthorized recipients from exposing delicate records. For purposes of national security, law enforcement, the identity of narcotics traffickers undercover, competitive advantage, or personal data privacy, confidentiality may be essential. Integrity Integrity demands that knowledge and services only be updated in a clear and approved way. It might be necessary to maintain data intact or even to adjust data in an acceptable manner, for instance, withdrawal from a bank account, only such as in double-entry bookkeeping. The degree of data consistency is essential. Disposal Availability is a prerequisite for ensuring that applications operate efficiently and that customer approval for resources is not refused. Its condition applies, from an administrative perspective to sufficient reaction time and bandwidth promised. This reflects the capacity to defend against a dangerous incident from a safety point of view. The availability of correctly working computer networks, for instance, for long-haul calls or airline reservations, is necessary for…
Culture plays a vital role in the provision of healthcare (hunt,2014). Therefore, culture has played a crucial role in the change in health practices in different cultures. Nowadays, healthcare is provided based on the culture of the individual. Several models of cultural assessments have been developed (Shen, 2014). However, in this essay, we will focus on the Purnell Model of cultural evaluation. The main aim of its formation was the need of the teachers and healthcare providers to understand culture on pupils and patients, respectively. Purnell Model has twelve domains that are used during the assessment process. Overview and heritage are the first domain of the Purnell Model.S.K.is a 29 -year old female Kenyan. Her primary language is English. English is the national language of her country, and she spoke it fluently. She also speaks Kiswahili and Maasai language. She is not fluent in Kiswahili and Maasai. Presently she resides in Los Angeles America with her five-year-old child. She was born and raised in Kenya. She Therefore has an ancestral History of Kenyan. She considers herself as black American, and…
Demographic and Cultural Dimensions of Globalization – Should we categorize economic migrants in the same way that we categorize traditionally are refugees fleeing war or persecution? Yes, in globalization, interaction among the people helps to improve the cultural values and standards of different ethnicities. The migrants and the refugees come from different countries, and through their integration, international trade and investments increase. The collaboration among the migrants and the refugees helps fight against ethnicity and tribalism in the society, for they must collaborate effectively to derive a natural labor force together, which helps to improve the economic growth of the community. Interaction of different people leads to an improvement in technology since they have different skills which they share to promote the economic growth of the society, Tatli, Vassilopoulou, & Surgevil, (2013). This integration will improve the behavioral values of different cultures, and hence the entrepreneurship of different nations through trade will grow globally. – Why or why not? It’s a benefit for the hosting nation since the Migrants and the refugees will interact together to earn a living for…
Information technology importance Information technology helps in enhancing efficient communication in corporate hence leading to effective corporate governance. Corporate for the efficient government, they require communication, which is very useful as they will be able to disseminate duties, pass information, and communicate with employees on areas that they are facing challenges to straighten issues hence good corporate governance. Information technology helps in enhancing corporate governance by enabling corporate managers in planning, organizing, directing, and controlling the utilization of IT resources. IT plays a very critical role in strengthening corporate governance and helps firms achieve their set objectives. Information technology also equips corporate management teams with adequate knowledge and skills in decision making. These essential concepts help them in governing corporate in the best way possible. Firms require decision making that helps in moving the corporate to the next level. Several US laws and controls affect how a company operates. This is either positively or negatively, depending on the laws. For example, antitrust laws are regulations that affect company operations positively through monitoring the distribution of economic power in business. This…
Describe the relevance of normative economic approaches in analyzing contemporary issues in environmental economics. Normative Approach A normative approach to economics looks at “what ought to be done” during decision-making relating to economics. Rather than just objectively studying an economic situation and coming up with solutions, normative economics comes up with a solution that caters to a certain perspective. It has a moral or ethical component to it, rather than merely a factual orientation, which introduces a subjective orientation to a study. When analyzing contemporary issues in environmental economics Normative economic approach is applied. Serious complexities must be taken into consideration when determining the most suitable alternatives to waste management. It is not the case that recycling is always the better option. It is necessary to combine Cost Benefit Analysis and Risk Assessment to determine whether disposing of garbage through landfills is a more viable option than recycling or burning. Market considerations, for example, make recycling aluminum cans highly profitable, whereas, the same market considerations make both paper and glass recycling unprofitable and very expensive. When it comes to the recycling of paper, consideration has…
Costco Wholesale Corporation Organizational Profile P.1. Organizational Description The company’s first location, opened in 1976 under the Price Club name, was in a converted airplane hangar on Morena Boulevard in San Diego. Originally serving only small businesses, the company found it could achieve far greater buying clout by also serving a selected audience of non-business members. With that change, the growth of the warehouse club industry was off and running. In 1983, the first Costco warehouse location was opened in Seattle. Costco became the first company ever to grow from zero to $3 billion in sales in less than six years. When Costco and Price Club merged in 1993, the combined company, operating under the name PriceCostco, had 206 locations generating $16 billion in annual sales (Costco.com). P.1.a. Organizational Environment P.1.a (1). Costco is a membership warehouse club, dedicated to bringing their members the best possible prices on quality brand-name items and merchandise. Costco has 100’s of locations worldwide and offers their customers the convenience of specialty departments and exclusive membership services. To shop at Costco…
Coppertone customer buying process Consumer behavior refers to the actions taken by consumers in a particular marketplace and the reason for their actions. It is the study of how consumers use a specific product to satisfy their needs. Any organization needs to understand the behavior of its consumers to meet their ever-changing demands. Understanding the demands of the consumers helps in designing policies of production. Coppertone, just like any other business, is after increasing sales, and to achieve that, they need to understand the consumer preference. The policies formulated might affect the pricing of certain commodities. Knowledge of consumer behavior helps to gauge the relationship between the price and buying of the product. Consumers tend to buy a commodity in large quantities whenever the prices are low and shy off when there is an increase in the cost of the commodity. Coppertone has been able to introduce new products based on consumer behavior. Based on the performance of the previous products, the company has been able to understand consumer demands and come up with more products. Coppertone customer buying process…
Control reporting is annihilating believability of American Media American people group is intensely impacted by the media and different wellsprings of data. In any case, we tend to disregard the way that there are much predisposition as well as a skewed view of occasions and reports in the news today. The media makes a less than impressive display with regards to depicting things as they truly are so as to take after a kind of tradition and to keep their show on air or their papers in stores. Accordingly, more often than not we are sustained data that may not be totally valid and now and then altogether unjustifiable. The media can control its viewers in ways that are regularly inconspicuous. That being said, it is hard to give full trust to any news or report on an occasion, not to mention base convictions off of something that was skewed so much that it turned into an entire diverse story or subject in itself. Driven by cash, voracity, and ubiquity, most media outlets are battling to report what they…