Discussions Assignment Example | Topics and Well Written Essays - 500 words

Discussions - Assignment Example Indonesia which happens to be the major producer of palm kernel oil predicts increased yield which triggers increased production of coconut oil related products. From the social reorganization observed across the world, there is increased use of various products like cosmetics which are derived from coconut and this is likely to boost demand of this god substantially. It is important for the management to explore other factors that will improve demand. One of them is to undertake market research on people’s desires in terms of units of sales, packaging and the overall quality. It is equally important for managers to seek other price stabilizing strategies like collective bargaining approach with other producers (Kohler, 75). The Euro crisis is a significant determinant of US economic progress directly and indirectly. It is therefore undisputable fact that this economic slump had significant disturbance on the American Economy. The extensive foreign trade engagement between US and Europe which has been facilitated by globalization is a big factor that influences the existing dependency of the economic trend in these two regions. Most of the American businesses that are undertaken in parts of Europe especially value creation activities due to the comparative advantage concept has generally been affected since the dwindling economic climate offers confusion in terms of predicting the future (Kohler,75). There has been significant borrowing of capital goods by some Euro zone members like Greece and Cyprus besides foreign direct investment which undermines the economy future of US in the event of the Euro crisis that hit in 2012. It is therefore advisable that most businessmen study stock market trend very c arefully and divest to spread the risk and sustain their profit margin. This would entail seeking other value creation places like in Asia and Africa. Making decision to outsource input factor is a global debate among various managers. The thorny

PSYCHOLOGY Essay Example | Topics and Well Written Essays - 500 words - 1

PSYCHOLOGY - Essay Example It is a perfect example of what life is all about, and how to lead a righteous life. The tests reveal a hidden bias just like it is meant to disclose. I completed two demonstration implicit preferences tests: one for skin tone and the other for age. Skin tone IAT reveals automatic preference for light skin compared to dark skin. I believed that my preference for light skin to dark skin was neutral. This means that I do not have any automatic preference for any skin tone. The results from the demonstration tests show that I have â€Å"little to no automatic preference between Light Skinned People and Dark Skinned People†. Age IAT is a test that often shows the level of automatic preference for the young over old people. In this test, I gave my answer as preferring old over the young. The results, however, indicate that I have a high level of preference for the young over the old. Strong automatic preference for the young over old is 35%, moderate automatic preference is 29%, while slight automatic preference is 16%. Overall results show that I have â€Å"a mo derate automatic preference for Young compared to Old†. From these results I have learnt that I have some hidden bias. This could affect intercultural communication because of the unknown bias towards certain communities or cultures. Ethnocentrism is the consideration of one’s culture as superior to others, so that, the culture and its practices are used as a standard for interpreting norms, communication, values and beliefs of other cultures (Wood, 2011). This means that any culture could be superior or inferior depending on the person interpreting the values. With this knowledge, however, it is important to recognize that every culture should be appreciated. A stereotype is a kind of belief about an individual or a group of people. It is a generalization of a group of people or individual that does not allow social variation or individual differences. Stereotypes arise from images found in mass