Trade Analysis between Brazil and the USA Term Paper

Trade Analysis between Brazil and the USA - Term Paper Example creation of Southern Common Market and participated in the formation of the G-20 as a coalition to represent developing countries in the World trade organization negotiations. Brazil works bi-laterally with the U.S due to her influence in the trade groups. She also co-chairs the Free Trade Area of the Americas (FTAA) negotiations as with the U.S. Indeed for the two countries, closer ties serve advantageously both economically and politically. There is mutual benefit when there are good trade relations and the partners have stable political governance. Political stability of any country greatly determines the economic performance of the country. This is evident from the economic recession experienced by the two countries during the Word War II. Economic ties in the U.S and Brazil are much dependent on the two-way trade that is far much empowered by the World Trade Organization. Additional resources and economic growth are the direct benefits realized by the countries in relation to ex port-import trade relations (Schott, 2003, p 2). US recorded the highest imports from and exports to Brazil in the year 1997. However, a sharp decline was noted in 2002 due to the financial crisis experienced in Brazil. A contrast was sited as US imports from Brazil rose in 2002 than in 1997. Bilateral trade between U.S and Brazil has grown rapidly since 1992. The US had commendable trade surplus with Brazil between 1990’s and 2002 when she recorded a drastic merchandise trade deficit with Brazil. United States’ basic exports comprise of industrial manufactured goods such as electric machinery, air crafts and computers. On the other hand, she relies on imports from Brazil that comprise of steel, iron, footwear and mineral fuels. Approximately about 70% of United States’ exports to... In Brazil and the United States, closer ties majorly brought about by the trade relations serve both for economic and political reasons. The two countries have common objectives in trade. Opening markets is beneficial to both boosting innovation and competition. They both have a role to play in order to deepen their trade relations especially bilateral. The success of trade negotiation in WTO and in the hemisphere largely depends on them. An increment in trade and investment in both countries will lead to boosted employment and income. This would also lead to greater cooperation politically, culturally and economically in the hemisphere. Brazil and the U.S both share a role to play in order to deepen their bilateral relations. They have a challenge to ensure better results for their citizen and entire trading block partners (Schott, 2003, p22- 23). Free trade is an essential emerging aspect in these countries’ trade. However, Brazil is still a way off to understanding the benefits associated to the trade and thus is yet to open up her boundaries for the trade. Countries adopt trade policies at will and this explains the difference in trade liberalization between the United States and Brazil. Bilateral and regional trade agreements have put the United States at an advantage in trade relation to Brazil. Prospects are good over future trade relations going with the current signing of trade agreements to enhance mutual trade. It is also crucial that these two countries maintains and develops the already established trade partnership for the well being of the two economies.

HRM of Apple Company Assignment Example | Topics and Well Written Essays - 3250 words

HRM of Apple Company - Assignment Example The organization chosen for this coursework assignment is Apple Company. This organization is an American multinational corporation that designs and manufactures consumer electronics and personal computers. The most famous products of the company are Macintosh computers, iPods, iPad, iPhones, etc.It was established in Cupertino, California on April 1, in the year 1976 and incorporated on January 3rd in the year 1977. The company was called as Apple Computer, Inc. for nearly 30 years of its incorporation and later computer was removed from the company’s name for its ongoing expansion in designing and producing new products. The company by the year 2010 has nearly 284 retail stores operating in ten countries and an online store where the software and hardware products are sold. It also sells and delivers digital content through its application stores. The products are sold through worldwide retail stores, online stores, and direct sales force, other third parties, and value-adde d resellers. This company ranks as the tenth largest company in the world. This organization has employed 80,000 people worldwide of which majority hail from the US. Apple Company serves its customers by offering a broader range of services and products which include mobile communication and other technological and sophisticated gadgets which attract more consumers in purchasing. Besides these services and products, the Apple Company offers its characteristic software products. Task 1 a. The differences between personnel and human resource management Personnel management deals with people employed and its management; and HRM deals with managing employee skills, acquaintance, abilities and aptitudes. Personal management views employees as a money-making or profitable man where he offers his services and gets paid in the form of wage/salary. Therefore, it views employee as equipment which can be purchased and utilized. On the other hand HRM considers employees to be not only economic but also as social and psychological. This approach regards employee as a complete man and are viewed as a reserve or source for his services rendered. Personnel management considers employees as charge centre and hence expenses of employment are maintained by the management whereas in HRM employees are treated as profit centres and hence put in capital for human resources development and future effectiveness. Personnel management uses employees for organizational benefits while HRM uses them for the multiple mutual benefits of the organization, employees and the family members. HRM is a function of strategic management and it lays much emphasis on strategic fit and integration (Armstrong, 2006, p. 19), while in personnel management, personnel functions are considered supplementary. The HRM functions in terms of its contribution to organizational purpose. Managerial functions and Operational functions together constitute to the Human Resource Management functions. Managerial functions include Planning, Organizing, Directing and Controlling. All these functions are important towards the contribution to organizational purpose. The operational functions include Employment, Human Resource development (HRD), Compensation and Human Relations. b. The role and responsibilities of a line manager The line manager plays an important role in the Apple Company. The responsibilities in the performance and development system are diverse and require varying skills for effective management. The line authority is direct authority exercised by a supervisor or manager over his subordinates so that his orders and instructions are carries out in a proper manner. A line manager is considered as generalist of an organization, who directs his subordinates and delegates authority and has power to vote. He makes the operating decisions and bears the final responsibility. The role manager has to motivate his employees, subordinates to work effectively and maximize the potential by identification and