Sunday, January 26, 2020

The Disabled Patients Using Embedded Systems Information Technology Essay

The Disabled Patients Using Embedded Systems Information Technology Essay Obstacles are those frightful things you see when you take your eyes off the goal. This quote was rendered by a famous philosopher Hannah Moore in order to motivate the Disabled. Of the disabled people those who are physically challenged, the blind, old people and those suffering from diseases such as Osteoporosis and rheumatics face problems in their routine life mainly because of LOCOMOTION. ASTHRA is an automated, dynamic memory mapped robotic vehicle (wheel chair) which enables the disabled to carry on their locomotion with ease and confidence. The Vehicle mainly consists of four basic components including a EMBEDDED WEB SERVER, DC MOTOR (WIPER TYPE) with driver circuit, an ULTRASONIC transmitter and receiver to detect obstacles, a Radio Frequency remote (transmitter receiveR) and Programmable and control memory unit. The entire component can be viewed as a robotic-vehicle fitted with 2 High power and high torque Motors. These motors are placed at the hub of the vehicles tyre and their chief aim is to drive or render sufficient power to pull the weight of the patient to move about. The two motors are fixed on the hub of the wheels and they are placed in such a manner that they render suitable locomotion based on the desire of the user. The most important feature of ASTHRA is the embedded web SERVERS. The use of the embedded web servers is to transfer informations rega rding the patients temperature, pulse, ECG and other important necessary features that needs to be transmitted during times of emergency. The use of the embedded systems is an added advantage for our system. In our case, a RF remote is provided as an interface between the user and the vehicle. The motors are provided with a DRIVING CIRCUIT which is connected to a PIC MICROCONTROLLER BOARD. The Microcontroller board enables DYNAMIC MEMORY MAPPING by utilizing the TRAIN AND EXECUTE method. Utilizing the ULTRASONIC OBSTACLE DETECTION circuit, the Microcontroller unit programs itself as per the dimensions of a particular house/place. The ULTRASONIC TRANSMITTER/RECEIVER driven by the COMPARATOR CIRCUIT enable enhanced Obstacle detection. Thus ASTHRA combines upon various features which render effective locomotion to the disabled. INTRODUCTION TO THE PROJECT SURVIVAL OF THE FITTEST This is what the world is all about today. Every individual is expected to excel irrespective of his/her disability. ASTHRA is a combination of the automated vehicle and the embedded systems. ASTHRA also provides a platform for the automated locomotion fro the disabled. A Disabled person is one who faces upon the challenge of being not able to perform a particular or a basic function which is rendered upon by a normal individual. Disabled persons are those who are visually impaired, Deaf, Dumb, physically challenged etc. Human life is incomplete without locomotion. The main aim of ASTHRA is to provide an interface between the patients and their locomotion to the desired place especially in the hospitals. The added concept of the embedded web servers also makes effective communication between the hospital record system containing the details of the patients records regarding their modes of treatments Utilizing a suitable decision making device such as a MICROCONTROLLER, we render effective and AUTOMATED locomotion. A MICROCONTROLLER can be regarded as a COMPUTER-ON a CHIP. Such a microcontroller can be utilized for DYNAMIC MEMORY MAPPING, wherein the microcontroller unit programs itself utilizing the TRAIN AND EXECUTE mode. Hence by utilizing this Dynamic memory mapping technique we can think of building up Vehicles which can be AUTOMATED as well as ADJUSTABLE to a particular scenario/environment. This idea of building automated vehicles combined with embedded systems for the disabled would revolutionize the existing scenario of manual wheel chair movement which makes a patient to be DEPENDENT on someone to enable him carry out his locomotion. EXISTING SCENARIOS Manual wheel chairs and stretchers are provided today for the in-patients and physically handicapped. These chairs are the special mechanical entities fitted upon with side wheels along with several holders which enable movement from one place to another. The primary disadvantage in this mechanism is the NEED TO BE DEPENDENT on others for locomotion. Also this system is MANUAL, ie it operates completely by human operation. To sum up the project the servers and the entire locomotive unit provides transportation as well as transfer of necessary information. It should be noted that the mechanism of transferring the information regarding the status of the patient while taking him/her from the ward to the ICU or the Operation theatre automatically is extremely appreciable. The disadvantage of the traditional medical transportation facilities are: It isnt DYNAMIC. There is no mechanism to detect OBSTACLES. The patient needs to be highly alert regarding the obstacles The wheel chair cannot reach onto the patient every time. No kind of information could be passed from the existing system. The disadvantages proposed here are successfully overcome in our PROPOSED system. PROPOSED SYSTEM ARCHITECTURE OF ASTHRA The above diagram is a brief outline of the entire system. The specifications are as follows. DCM These are high power DC Motors which are utilized to render necessary power to carry on / support the patients weight. These are fitted on the hub of the robotic vehicles wheels and they enable to control the motion of the Vehicle. The movement of the vehicle based on the motor is enunciated below: STATE OF THE RIGHT MOTOR STATE OF THE LEFT MOTOR DIRECTION OF MOTION ON OFF MOVES RIGHT OFF ON MOVES LEFT ON ON MOVES STRAIGHT OFF OFF STOPS Table1 Vehicle Movement table MDC This stands for the Motor Driving Circuit. It is connected to the MEMORY MANAGEMENT UNIT. Based on the control rendered by the Memory management unit, the MDC drives the motor which controls the movement of the vehicles wheels. RF MODULE This stands for the Radio Frequency Receiver Module which is used to summon the vehicle to a particular place. The patient is provided with an RF remote by which he can summon the chair to any place OBST DRV This stands for the Obstacle detection drivers which detect obstacles on the way. Ultrasonic Receivers and Transmitters are fitted upon the Obstacle detection device which detects Obstacles on the way. A Buzzer is also fitted to this circuit which beeps when an obstacle is encountered. This Obstacle Driving circuit is run by a COMPARATOR circuit which responds to obstacles. MMU The heart of the system is the Memory management Unit, which consists of a PIC MICROCONTROLLER. It enables DYNAMIC MEMORY MAPPING which enables the vehicle to be AUTOMATED. The MMU controls the other circuits connected. It can be regarded as the centralized system of the Vehicle. EWS (Embedded web server) -The central function unit to get access on an embedded system via Web browser is the Web server. This is used to send the information through the inter-network it maintains for future use. DYNAMIC MEMORY MAPPING Memory Mapping is nothing but PROGRAMMING your Microcontroller unit to perform the necessary tasks. DYNAMIC MEMORY MAPPING enables a microcontroller unit to program itself according to the present scenario. It uses a technique namely, TRAIN AND EXECUTE. This enables the device to program itself based on the situation. This is utilized to determine the end points of the room. Suppose the vehicle reaches to the wall of the room and is unable to move forward, if u hit upon the TRAIN circuit the device automatically adjusts its path and traces to the door. Now it stores the exact co-ordinate values onto its memory and traces the path correctly. This is called as DYNAMIC MEMORY MAPPING TECHNIQUE. There is another schema called as STATIC MEMORY MAPPING. In this schema the microcontroller unit is programmed beforehand. The exact positions of the door, co-ordinates of the house are fixed. The vehicle automatically moves based on the patients wish. But if the place is changed we need to REPROGRAM the microcontroller. So in order to overcome this difficulty we normally prefer DYNAMIC MEMORY MAPPING. SWITCHING CIRCUIT The Switching Circuit consists of a series of Switches which enable the Vehicle to move based on the patients opinion. These are directly coupled to the MMU which in turn drives the motor and the entire Vehicle. When the patient enters in a particular choice, the appropriate action is performed. Thus when the appropriate switch is pressed upon the adequate movement to the corresponding section is enunciated. Also the main purpose of ASTHRA is the ability of transferring of information such as Blood pulse rate Heart beat count Blood pressure Body temperature The entire above are captured using robotic medical tools which contain suitable sensors detecting any change from the pre-stored values and sends them to the system which controls it. The main capability of this robotic vehicle is moving from room to the room with just the control of the rf remote. The embedded web server is utilized for the sole purpose of passing message to the internet which is maintained by itself and can be checked for future references. Also the development of softwares and the implementation of hi-fi robots will ensure that automatic causality treatment may be given to the patients without the help of trained professionals. RF LINK The RF Link mainly consists of two components. The RF Transmitter The RF Receiver The RF Transmitter is made onto a Remote Control and rendered to the patient. This can be utilized to summon the vehicle to any given place. The RF Receiver present at the Vehicle responds to the RF Transmitter remote and follows the Radio Frequency Link path to reach onto the Remote(RF Transmitter) The signal given from the RF remote instructs the robotic vehicle to arrive at the suitable place needed. This might be a disadvantage as he range of this remote will be lesser, even though the vehicle will have station points in each room. DIAGRAM The overall block diagram of the automated vehicle is shown. The remote control is in the hand of the patient and he can summon the vehicle. This remote transmits a RF signal which is received by the RF receiver in the automated Vehicle. Based on the signal received the PIC is programmed to move the wheel chair to the user. The movement of the Vehicle to the person is based on the program embedded in it. The vehicle consist of the ULTRASONIC sensor circuit which is driven by the comparator circuit ( COMP CKT ) as shown in the figure. This detects the obstacle and stops the wheel chair from getting hit. It produces a sound when there is an obstacle. Depending on the memory map in the PIC the driver H bridge IC drives the DC motor circuit. This DC motor is connected to the hub of the wheel. Using the SWITCHING CIRCUIT the MMU moves the Vehicle in the appropriate direction. The EMBEDDED WEB SERVER circuitry enables to transfer informations onto a centaralized Web page/Web server. The above diagram shows the brief outline of the movement of the vehicle. Embedded web servers The most important feature of this project is the Embedded Web Servers. The need for using Web Servers is to transfer necessary information about the patients even during the process of transferring the patient from one room to other. The embedded Internet integration for remote maintenance and diagnostic as well as the so-called M2M communication is growing with a considerable speed rate. Just the remote maintenance and diagnostic of components and systems by Web browsers via the Internet, or a local Intranet has a very high weight for many development projects. Innumerous development departments people work on completely Web based configurations and services for embedded systems. The remaining days of the classic user interface made by a small LC-display with front panel and a few function keys are over. Through future evolutions in the field of the mobile Internet, Bluetooth-based PANs (Personal Area Networks) and the rapidly growing M2M communication (M2M=Machine-to-Machine) a fu rther innovating advance is to be expected. The central function unit to get access on an embedded system via Web browser is the Web server. For example consider a patient being transferred from the normal ward to the ICU or the OP the ward boy or the patients relatives can press the RF remote. The robotic vehicle would come to that place. If the normal heart beat rate is 72 beats per min and if ASTHRA detects it to be some 45 beats per min (all these happening in the due course of motion) it may be seen that ASTHRA would inform or send information using the embedded web servers. The doctors would adapt to the situation suitably and be prepared before the patient reaches the destination. key advantages OF THE PROJECT The key advantages of the project include DYNAMIC MEMORY MAPPING TECHNIQUE which enables the vehicle to adjust to any location The ability to SUMMON the vehicle to any given place. The patient can be INDEPENDENT without being DEPENDENT on others for his movement. Efficient Obstacle detection performance due to the presence of ULTRASONIC transmitter/receiver. Efficient communication between the web servers and the High power Pull-up ability is established due to the presence of two High power motors. Easy circuitry wherein the MMU acts as the Central Control unit of the vehicle. FUTURE ENHANCEMENTS The following are the future enhancements which we have planned, In the present project, the origin of the vehicle, ie the place from which it has to start is predetermined. In our next venture, we would like to include upon ORIGIN FINDING ALGORITHMS which would dynamically fix upon its origin. So each day the vehicle can start from different unique locations. Rapid construction of the human activity observation system at low cost is necessary with respect to research into human activities and commercialization. The use of the omni directional ultrasonic sensors is also optimum. The reason for the above is as follows, the omni directional ultrasonic location sensor is useful because the number of sensors to be attached can be reduced. We have also planned to introduced GPS to make our system far amore efficient Also we have planned to increase the efficiency of the system by using VLSI and other mechanisms in our future endeavors. CONCLUSION The automated vehicle is aimed towards the welfare of the disabled. Even though various technologies have been introduces off late, a few alone are aimed towards locomotion. ASTHRA being a venture which is fully based on locomotion fulfills this requirement by rendering an efficient mechanism of locomotion for the disabled. Locomotion which is the essential function for any individual is also made available to the Disabled by the use of ASTHRA. ASTHRA goes on to the supreme level of fulfilling the dreams of the disabled thereby bring them close to the common man. Also ASTHRA eradicates the necessity for the disabled to be dependent on others, thereby making them INDEPENDENT. The complete automated feature of ASTHRA makes it possible to handle it upon any given place under any given circumstances. The dynamic memory mapping feature portrays upon its Self sufficiency and the ability to adjust itself to any given environment. The EMBEDDED WEB SERVERS concept further acts as a feather in the crown of ASTHRA. This concept enables the doctors to get fast access regarding the patients. In todays fast and ever-changing world, the quality of services rendered is becoming highly important. ASTHRA caters to this need in a highly effective manner. Also it is 100% user friendly which can be rendered from the fact that it can be summoned to any given place. To help others is to help God himself is a well known saying. Hence by developing ASTHRA we feel that we can help a couple of disabled people thereby rendering a small piece of contribution to both the Society and the Country. Being Students of Technology we strongly feel that ASTHRA would be a landmark of both Technological as well as Social excellence .If our project could help the disabled and render a peaceful life to them, then the success of our project would have been achieved.

Saturday, January 18, 2020

Privatization vs Public Sector

What is privatization? It is the process of transferring ownership of a  business, enterprise, agency, public service or public property from the  public sector  (a government) to the  private sector, either to a business that operates for a profit or to a  non-profit organization. The term can also mean government outsourcing  of services or functions to private firms, What is public sector undertaking? In India, public sector undertaking (PSU) is a term used for a government-owned corporation (company in the public sector). From my point of view, privatization is going to be a remedy for the financial ailments of our public sector undertaking.Let’s discuss some factors about these two types of organizations. 1. Performance. Public sector undertaking tends to be  bureaucratic. A political government may only be motivated to improve a function when its poor performance becomes politically sensitive. 2. Increased efficiency. Private companies and firms have a grea ter incentive to produce more  goods and services  for the sake of reaching  customer satisfaction  and hence increasing profits. A public organization would not be as productive due to the lack of financing allocated by the entire government's budget that must consider other areas of the economy. . Specialization. A private  business  has the ability to focus all relevant human and financial resources onto specific functions. A public sector undertaking does not have the necessary resources to  specialize  its goods and services as a result of the general products provided to the greatest number of people in the  population. 4. Corruption. A public sector undertaking is prone to  corruption; decisions are made primarily for political reasons, personal gain of the decision-maker, rather than economic ones.Corruption in a public sector undertaking affects the ongoing asset stream and company performance, whereas any corruption that may occur during the privatizati on process is a one-time event and does not affect ongoing cash flow or performance of the company. 5. Accountability. Managers of privately owned companies are accountable to their owners/shareholders and to the consumer, and can only exist and thrive where needs are met. Managers of publicly owned companies are required to be more accountable to the broader community and to political â€Å"stakeholders†.This can reduce their ability to directly and specifically serve the needs of their customers, and can bias investment decisions away from otherwise profitable areas. 6. Goals. A political government tends to run an industry or company for  political  goals rather than  economic  ones. 7. Capital. Privately held companies can sometimes more easily raise investment capital in the financial markets. public sector undertaking industries have to compete with demands from other government departments and special interests. 8. Lack of market discipline.Poorly managed publi c sector undertaking companies are insulated from the same discipline as private companies, which could go bankrupt, have their management removed, or be taken over by competitors. Publicly owned enterprises in competitive environments would not perform better than privately owned companies in the same circumstances in terms of profitability, Privatization reduces the net transfer to public sector undertaking from government as unnecessary subsidies. These transfers become positive if the government actually starts collecting taxes from privatized firms. Thank you.

Friday, January 10, 2020

Doing Business in China Essay

China is an evolving economy that offers lot of market prospects for foreign venture. It is an independent country located in East Asia. Currently China is the world’s most populous country, with its population of over 1. 35 billion. China’s land size is approximately 9. 6 million square kilometers and it is the world’s second-largest country after Russia. In contemporary eras, China plays an important role in calling for free trade areas in the Asia Pacific Region. China proposed a new East Asia Summit (EAS) framework as a forum for regional security issues in 2004. The EAS, which includes ASEAN along with India, Australia and New Zealand, held its first summit in the year 2005. Since 1978 with the introduction of economic transformations, China today has turn out to be the world’s rapid-growing key economy. China is the world’s second-largest economy together in term of its nominal total GDP and purchasing power parity. As of 2013, China ranked at number 91 at ‘Doing Business’ provided by the World Bank. Its GDP per capita currently stands at $6,075, while the total GDP sums up at $12. 05 trillion. Although the country has a huge potential for economic progression offering access to a huge market and significant savings in labor costs, cautiousness must be used due to differences in the political and cultural environment that create risk and pose uncertainty for foreign investors. In addition, China is also the world’s biggest exporter and importer of products and goods. China is also a member of WTO, APEC, the G-20, and many others. Not to forget, China has been considered as a probable superpower up to this date. Regardless of achievement made by China, it encounters a range of obstacles to China’s future economic advancement. To overcome such obstacles, it must maintain a great growth rate, improve the economic system, uphold better international support, and transform the responsibility of China government in its system of economy. As stated in the World Bank recently, China is the world’s third largest trading country, right after the United States of America and Japan. Economic Issues In recent years, China has become one of the primary selection of the world’s destination of Foreign Direct Investment (FDI), and among the figures counted in its FDI are 27% of the value added production, 4. 1% comes from its national tax revenue, and another 58% or so comes from its foreign trade. This has been proved where more than 190 nations invest in China, and according to a survey done by Member Priorities Survey, most of the multi-national corporations do their FDI in China is because they want to serve its domestic market and the local consumers, not to export back to each of the MNC’s home country. The Chinese National Development and Reform Commission (NDRC) developed a plan to improvement the foreign direct investment, back in 2006, which stressed the correlation between national safety and foreign investment. NDRC proposed to government of China to slowly decrease its restrictions and limitations on MNCs. MNCs also are being asked by the NDRC to intensify its investment and production in China. The aim of this move is to heighten innovation’s liberation for Chinese corporations. In addition, foreign investment must be directed at high-technology and manufacturing industries, infrastructure improvement and not to forget the environmentally friendly protection. Figure 1 : Regional share of GDP & resident population in year 2009. Although China’s economy has been liberalized since 1980s, the country still hurts from insufficient number of mode of transportation, communication’s variety, and energy capitals. China also commence the construction of a major highway to link cities in China, in order to provide a world class infrastructure in the coming years. From this, we can see, it might be costly in term of land transportations for MNCs to conduct its businesses in China. Moreover, currency manipulation undergoes by China back in 2008 is disturbing its own economy. Gladly, the condition has improved by years, and the Treasury Secretary said that the appreciation of the Yuan (Chinese currency) might be a win-win situation for the global’s economy. Figure 2 below shows the Yuan per dollar rates and how China’s currency has moved from 2009 until this year. Figure 2 : Value of China Yuan to US Dollar In trade, the major industrial exports for China are manufactured products, fabrics, clothes, together with electronic appliances. Thus, if you want to invest in China, these areas are the most profitable for any MNCs to do their business in China. Furthermore, the prominent export materials are magnesium, mercury, tungsten, tin, salt, and antimony. Currently, China is the world’s largest manufacturer of aluminum based on data from China trade. Participation of China in World Trade Organization (WTO) has made China ompetitive in the world’s market. Political Issues As stated in the Chinese Constitution, â€Å"China is a socialist state under the public’s democratic dictatorship led by the working class and based on alliance of workers and laborers. † The government of China contained a system of congresses of the people and multi-party collaboration and soundings of politics under the guidance of Communist Party of China and this following political system in China ensure that CPC maintain its power as the only party in China, which based of the socialist system. Proceeding into the political risk, the chance of nationalization of industries needs to be taken into account, as this has already happened in 1949. Thus, any MNCs that want to invest in China have to think twice, in which industries are opened to investors, and which industries are closed and prohibited for investors to invest in it. Figure 3 will sum the opened and closed industries for foreign investors. Another unique political risk in China is the continual clash between China’s central government and the regional governments over applicable laws. The outcome of this conflict, is making it challenging for MNCs working in China to recognize and identify which rules are applicable, and which rules are not. Moving on towards the political stability in China, it still remains a big question to the foreign investors as the Tiananmen Square massacre has scared of foreign businesses and a big drop in many areas can be seen, which include foreign investment and tourism. At the same moment, China’s improvement in its economy since 1978, the lives of its citizen has improved drastically, an increase in social movement, and stretched the area of personal freedom. What this meant is that people can enjoy wider travel’s freedom, more and more employment opportunity, and access to information, although it is not very opened yet. Moreover, in latest years, China has passed new laws which include the criminal and civil laws to protect citizens and foreigners. Cultural Issues China’s population is estimated to be around 1,360,691,561 as of this year, and expected to be increased rapidly in times. This rapid growth of population in China is because the death rate among its citizens has dropped drastically in recent years. To cater this increased population crisis, the central government has encouraged the one-child family program. Advice of family planning and birth-control are provided by the government itself. Although most of the world see Chinese culture as an extremely complex one, but most scholars around the world come up to an agreement that even though it is diverse, many Chinese shared the same characteristics. These same characteristics are based of the Confucian philosophy influence which becomes the core of most Chinese today living in China. One of the most significant values in its culture are the importance of family, classified structure of common life and the importance on hard work along with accomplishment. The Chinese culture can be sorted as collectivist, since in many ways, the family unit takes superiority over its individual members in a family and the children must not answer back to the elders. Looking into Hofstede’s cultural factors which are measured on five dimensions, which are power distance, individual versus collectivism, masculinity versus feminity, uncertainty avoidance and long-term orientation versus short-term orientation, tables below are the results of China’s assessment. Cultural Dimensions| Results| Power Distance| The less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. On the collectivist side, we find societies in which people from birth onwards are combined into strong, cohesive in-groups, often extended families which includes uncles, aunts and grandparents which continue protecting them in exchange for absolute loyalty. China rank 10th in the Individualism ranking. This may be attributed, in part, to the high level of emphasis on the collectivist society imposed by the communist rule compared to the values of individualism. The low individualism ranking also demonstrates a close and committed group orientation, either the family, extended family, or extended relationships. The society fosters strong relationships where everyone takes responsibility for fellow members of their group. Masculinity vs Feminity Hofstede’s study revealed that women’s values differ less among societies than men’s values and men’s values from one country to another contain a dimension from very assertive and competitive and maximally different from women’s values on the one side, to modest and caring and similar to women’s values on the other. Ranked at 66th, China is a masculine society –success oriented and driven. The need to ensure success can be exemplified by the fact that many Chinese will sacrifice family and leisure priorities to work. Service people (such as hairdressers) will provide services until very late at night. Leisure time is not so important for them. An example is the migrated farmer workers will leave their families behind in faraway places in order to obtain better work and pay in the cities. Uncertainty Avoidance It indicates the extent to which a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. Unstructured situations are novel, unknown, surprising, and different from usual. Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules, safety and security measures, and on the philosophical and religious level by a belief in absolute Truth. People in uncertainty avoiding countries are more emotional, and motivated by inner nervous energy. The opposite type, uncertainty accepting cultures, are more tolerant of opinions different from what they are used to; they try to have as few rules as possible, and on the philosophical and religious level they are relativist and allow many currents to flow side by side. Ranked at 30th, China has a low score on uncertainty avoidance. Chinese are comfortable with ambiguity; the Chinese language is full of ambiguous meanings that can be difficult for Western people to follow. Chinese are adaptable and entrepreneurial. At the time of writing the majority (70% -80%) of Chinese businesses tend to be small to medium sized and family owned. | Long-term orientation vs short-term orientation| Both rated values of this dimension are found in the teachings of Confucius. However, the dimension also applies to countries without a Confucian heritage. Ranked at 118th, China is a highly long term oriented society in which persistence and perseverance are normal. Relationships are ordered by status and the order is observed. Nice people are thrifty and sparing with resources and investment tends to be in long term projects such as real estate. Traditions can be adapted to suit new conditions. Chinese people recognize that government is by men rather than as in the Low LTO countries by an external influence such as God or the law. Negotiation At negotiating stage, both buyer and seller have to come to an agreement on how the deal ended and what will the price be. MNCs should decide if they want to set up a new joint venture or wholly-foreign owned enterprises to take over the seller’s business in China, or to purchase equity interest of the business. The deal structure is particularly important from tax perspective. The tax costs bear by the buyer and seller vary significantly which have a big influence on the final cost of the deal. During the negotiating process, an excellent advisory team can be a strong asset, which is to manage the financial, legal, tax and valuation issues that will determined the right price and structure of the deal. The main reason why deals did not go well in China is the incapability to link and associate the price expectations between foreign buyer and local seller. In this situation, an adviser will come in handy to manage valuation and contract term negotiation. For closing the negotiation, buyers need to ensure that all require approvals have been issued all relevant supporting documents are correct and agreed upon by both buyer and seller. Both parties in this negotiation need legal advisers to draft and finalize the sales and purchase agreement. This document is a detailed contract that contains the transaction details during the due diligence process. For example, it contain rights to protect the buyer from any unexpected post-negotiation results. Business Ethics In order to have a very successful FDI in China, MNCs must apply this business ethics in their daily business life, or else, they will have a big problem upon them. The important practices to be a business standards within China, is by having a local Chinese employee to be the face of your company’s code of ethics. Secondly, make sure the code of ethics are translated into the native language in China. Double check the translation to ensure it is fully accurate and correct. Next, is by having a common ground. Most of the values, for example the significance of family are common in Chinese culture, where you must respect the elders or seniors in the organization. During the training sessions, discuss scenarios that could happen in China. Don’t just translate any cultural situations into the local language. Consider reframing some of a large, international company’s core values to align with local cultural values. For example, in a culture that values community, focus on the community aspects of the company’s values. Not to forget, focus on the sustainability of the company, so employees understand the advantage of following the code of conduct. What works and what doesn’t work in China? What works are MNC’s can simply translate the company’s code of conduct into the local language. The CEO and other leaders should mention the code of conduct in everyday discussions about business, not just in one annual training presentation. Local management too should understand that the corporate code of conduct is part of their everyday job. What doesn’t work is a code of conduct that is written in English and not translated into the local language, or that has a lot of references to other countries’ laws and regulations, will not be effective overseas. What partially works is that it is vital for a high-level official from headquarters to visit the company’s Chinese offices and introduce the code of conduct. But this is only a first step. Without follow-up from local managers, employees may receive the code politely, then revert to old ways of doing business as they are not being forced upon and opt for a status quo since they are comfortable with it. Core values are important in China, but it’s also important to remember that people in different cultures may interpret them differently. MNCs can try separating core values, such as fairness or integrity, from the specifics of how those values are implemented. The values themselves are probably shared among cultures, but how they are put into practice may vary. Conversation is critical to making sure your shared core values create an ethical culture. Regularly engage both managers and workers in overseas offices in discussions about how to best implement the core values. The most effective processes and procedures to detect ethical and compliance problems are to remember that despite what MNCs intend in their policies, being a whistleblower is frequently very difficult. Consider separating the reporting process for whistleblowers from the HR and legal departments. Allow employees to report concerns to someone with direct access to the board of directors. In addition, a few MNCs create a regulator position that is filled by a senior manager for a year. This person helps resolve concerns about company practices. For a code of conduct to work for MNCs in China, it requires a quick yet thoughtful response to complaints. A â€Å"ready, fire, aim† approach will be just as harmful as not taking complaints seriously. Have investigations conducted by people with experience and training in conducting complex investigations. Lastly, try to understand the business model and being willing to ask questions, which is one way to catch problems early. An executive who knows the business well will know to ask, for example, how the business just landed a big contract it had never before been able to get, or why business in a particular region increased so much ore than in others. If it looks too good to be true, start asking questions. It may not be true. Conclusion Leading business in China can be difficult due to the many indecisions and differences in the economic, political, and cultural environment. The Chinese prefer doing business with MNCs they know, so working through an intermediary is crucial in China. Business relationships are built formally. It is important to be persistent as it takes an extensive amount of time to build business relationship which is also bound with enormous government bureaucracy. The Chinese see foreigners as representatives of their company rather than as individuals. Rank is extremely important in business relationships and you must keep rank differences in mind when communicating. The Chinese prefer face-to-face meetings rather than written or telephone communication. Meals and social events are not the place for business discussions but social etiquette is important to follow. Some of the cultural values that govern business practices relate to setting up appointments one-to-two months in advance and preferably in writing. The Chinese view punctuality as a virtue. Arriving late is an insult and could negatively affect your relationship. It is important to pay attention to the agenda as each Chinese participant has his or her own agenda that they will attempt to introduce. You are also advised to send an agenda before the meeting so your Chinese colleagues have the opportunity to meet with any technical experts prior to the meeting. To conclude, it is important is to learn about cultural and political differences and their impact on business practices and business conduct in China.

Thursday, January 2, 2020

The Major Reasons For Your Interest On The Profession Of...

1. Discuss the major reasons for your interest in the profession of social work. Whether positive or negative - what inspired or moved you to choose this direction? I made the decision prior to graduating with my bachelor’s degree in 2013 that I wanted to become a social worker. I have always enjoyed working with people and becoming a social worker would enable me to have a positive impact in individual’s lives. I waited until 2015 to start this journey as my husband had been in the military and I was unable to pursue a Master’s in Social Work (MSW) due to the required field work. However, now that we are permanently settled in Jacksonville, FL I am able to accomplish this dream. I feel that individuals deserve to work with social workers who have a deep desire to create a change or help implement a change in their lives. Every future client has a history, and it is my responsibility to help their future be bright. 2. Describe any experiences you have had working in a helping capacity to serve people in either a personal, volunteer or paid position. Share the length of time, population, the type of setting and discuss your personal strengths and limitations in these roles. I was recently hired in the summer of last year to create a math GED program for the Jacksonville Public Library. This was a short three month project that led me to stay and volunteer to teach the upper math classes for the program. I have been volunteering since September of 2015 and work with lowShow MoreRelatedWhen You Know Yourself You Are Empowered1627 Words   |  7 Pageshave gotten it down. Nevertheless, I have realized that I can be a complex person and there are aspects such as my strengths, weaknesses, career interests and challenges, and how I deal with them, that has contributed to who I am. My Strengths   One of my biggest strengths would be my love and interest in people. I have always wanted to be in a profession that involved helping people in one way or another. I value the relationships that I have and enjoy forming new ones. I think that human interactionsRead MoreWho Is A Social Worker? Essay1248 Words   |  5 Pages When you hear these two words social worker, what do you think of? How do you define who a social worker is? I’m going to recap what I stated in the interviews I conducted with my interviewee. My interviewee works for Board of social Services. She is a social work that deals with claims/ fraud department. Individuals who work in Social Services has the opportunity, to apply their education and caring nature to improve the lives of others. I had to learn and grow as far as being an individual beforeRead MoreWhat Is Her Job Title, And Job Description?1279 Words   |  6 Pagesjob title, and job description? Job title is a clinical social worker on the orthopedic floor. She assists patients with discharge. She assists patients and families with discharge, she speaks with families regarding discharges to skilled nursing facilities. Sending referrals to facilities that patients are interested in. Describe the agency/organization with whom you work for. What type of agency is it? What is the mission statement? She works for Roanoke Memorial. She isn’t sure of the mission statementRead MoreSocial Work As A Career1271 Words   |  6 Pages The events or experiences that led to me to choose social work as a career are events that took place in my life and my and childhood. I had a very hard childhood growing up. I grew up underprivileged and lived in poverty. I suffered a lot of trauma as a child; my mother and father were not able to care for me and my brother due to their use of drugs and criminal behavior. I and my brother lived with my grandmother who had a drinking problem, but managed to do the best she can to care for meRead MoreThree Jobs that I Would Like to Do700 Words   |  3 Pages Have you ever thought about your aptitude? What kinds of jobs are you interested in? If you already have a job, are you satisfied with your job? Most people think about these questions at least once. The answer is different with each person. It is related to a person’s personality, specialty and interest. Work is one of the most important elements in our lives. We get lots of things through work such as experience, money, material things and personal connections. Therefore, when we chooseRead MoreApplication For The Medical Assistant Position At Your Medical Practice974 Words   |  4 PagesThis email is in support of my application for the Medical Assistant position at your medical practice in Northwest Atlanta. I am excited to find this opportunity because it closely aligns with my interests and future aspirations of becoming a Physician Assistant. What is being offered is an opportunity that will allow me to hone and polish my interpersonal, communication, and technical skills, but to also develop new skill sets that some health professionals lack. I have a Bachelor’s of Arts inRead MoreMy Professional Profile Essay1122 Words   |  5 Pagesand the Holland Interest Inventory I have realized a lot of points that I’ve never realized before. I have realized there are certain things that I did know about but I just never justified the interest in knowing about it. Af ter much consideration I’m honestly not sure if my career that I’m looking into is really what is going to fit my profile. I’m going to tell you my top three scores from the Holland Interest Inventory and the top five StrengthsQuest. I took the Holland Interest Inventory firstRead MoreThe Theory Of Intersectionality And Gender Inequality1238 Words   |  5 Pagesintertwine with each other among the social structure. The term was first coined by feminist and civil rights advocate Kimberlà © Crenshaw who spoke upon the discrimination and marginalization of black women and how both institutions interconnect with one another. The significance of intersectionality in a discourse such as Gender Women s Studies is to distinguish the structure in which gender and race both work to determine one’s superiority in the hierarchical social system. Also, the analyzation ofRead MoreReasearch, Roles, And Values1432 Words   |  6 PagesHuman Services said that 180,000 patients die from medical mistakes a year. That’s 15,000 deaths a month, 3,461 deaths a week, 493 deaths a day,and 20 deaths per hour. Why do these deaths occur? Of course patients die all the time for a multitude of reasons, some deaths are prev entable and others inevitable, but how do researcher and other health care interdisciplinarians usethose cases to improve outcomes. When patient outcomes are improved how those policies are then implemented to span to future patientsRead MoreThe Creative Industry Labor Market1138 Words   |  5 Pagesdesigner with a great quantity of energy to add to our team [...]. The required skills are: Photoshop, Illustrator, InDesign, Social Media Campaigns, Communication Campaigns, Interfaces Development (Web Apps), Typography, Motion (After Effects), Vector Illustration, Digital Painting [...] . The quotation above is an excerpt from a vacancy notice aimed for designers to work in a company which provides internet services. Reading the several skills the employer requires from the designer, the following