Studying Abroad Essay Example | Topics and Well Written Essays - 750 words - 1

Studying Abroad - Essay Example The website of American University in Dubai stated that studying abroad provides an opportunity to develop important competencies and traits in one's character, for example, confidence, personal growth etc. An individual can experience different factors in life and analyze about how people think from other cultures. The respective website also presented the argument that employment prospects can be enhanced to an international level. Experience in foreign organizations can teach valuable lessons of professionalism.Kutcher writes that the summers till September should be spent in taking various tests, for example, GMAT, GRE. Then, the college choices should be narrowed down by September and October. Later, work on the technicalities and documentations of the admission process and finally apply in November or December, depending on the due dates of every program.2.2 Negative Aspects of Staying AbroadJust as many arguments support getting the education from foreign countries, there even exist reasons for staying within the country and acquire education locally. The citizens of UAE should remain in their country and support its economy. There exist a common term known as ‘brain drain’. Smith defined it as the immigration of the brightest and best citizens to another country that causes harm to the economy of their homeland, thereby providing benefits to the other countries. Fleeing to other countries to get education weakens the economy of the country since most of the talent settle abroad.

Export Management Task Article Example | Topics and Well Written Essays - 2000 words

Export Management Task - Article Example For all of you who are involved in the industry and to those of you who have had the occasion to become involved on a personal level, You will no doubt agree with me when I say that it is an industry which is predicated on logistics, scheduling, and documents. Moreover, all of the logistics must be arranged far in advance, the scheduling must all come together into one unit at a specific time, and at a specific place, and all of the documentation must be accomplished accurately, and on time, in accordance with previously stipulated agreements. Having said that, I will now present the various components and aspects which comprise the Export Management Task. Export sales contracts can be formal or informal, depending on the foreign buyer. One should be cautioned that any contract which is made quickly and informally when some of the conditions are assumed or left to be clarified later, is a dangerous, ill advised, and not a good practice standard. Of course, most of us are aware of off ers to sell which are presented over the phone, which covers the product to be sold, the quantity, the price per unit, outlining delivery, the terms, and the medium of payment, which is often accepted by the foreign buyer. Also, we are familiar with a call from the buyer, with an offer to buy. offer to buy. 2This type of contract may be preceded by a series of offers and counter offers before the final offer and acceptance. This type of contract remains informal if it is not confirmed in writing. This type of contractural practice is most common and acceptable between branches of the same company, or between long standing trade partners, or between very reputable companies who trade in commodities which are prone to rapid changes in prices. It is my caution to you, that unless one of the three above-mentioned conditions are characteristic of your transaction, then this informal mode, should not be your practice. The most assured way to a void any and all misunderstandings, is to get the buyer to agree to the use of what is commonly referred to as General Standard Conditions. "These are standardized contract terms that permit the parties to refer to a pre- established set of rules that can be incorporated into the contract"(SIT). If you elect to choose this standardized proforma, then you must by all means, become keenly familiar with the contents, because once the generalized Standard Conditions have been adopted, they are legally binding whether or not both parties are aware of and understand every provision"(SIT) According to the Secrets in International Trade, an offer to sell may also be made via telex, courier, air mail, cable, facsimile and today even via e-mail. The exporter confirms the terms and stipulations of the sale via a proforma invoice: the proforma invoice will detail the entire order, The type of shipment ( i.e., f.o.b. Plymouth) quantity, type of item, unit cost, and total cost. As an addendum one might also include certain terms such as the name and address of the preferred bank, and the preferred shipping3 date. Upon receipt of the proforma invoice, the buyer will confirm his acceptance by

A concluding theme Essay Example | Topics and Well Written Essays - 1000 words

A concluding theme - Essay Example The upper class mainly comprise of the top world economic giants followed by the developing world that comprise most countries in the Far East such as Malaysia and finally the lower class where most states in Africa and Asia belongs. It is on this backdrop that the books Poor Economics: A Radical Rethink of the Way to fight Global Poverty by Abhijit V. Banerjee and Esther Duflo , Whiteman by Tony d’Souza, and Little Princes by Conor Grennan where authored to evaluate these changing cultural dynamics across the globe. Aside from death and taxes, there exists one more aspect that can be added to life certainties list in school thought policy. These are mechanisms on how to extricate the global south from poverty. According to the World Bank’s definition of poverty, poverty is the inability for a person to utilize at least $ 1.25 in a day; 1. 3 billion people across the globe live below these standards. Paul Collier, a development economist refers these as the bottom billions. There is increased desire for the world to help people in the third world countries. It is on this premise that an academic discipline has emerged with several scholars advances theories related to poverty alleviation. These scholars include Jeffrey Sachs with the Pre- Foreign –Aid, Dambisa Moyo and the theory of Trade, not Aid and Paul Romer’s view of creating charter cities. It tempts to make an assumption that all books on issues related to global development seems to advance poverty alleviation theori es to assist in poverty reduction in the Global south (Abhijit and Duflo 297). Abhijit and Duflo have alienated their development concept on possible ways of reducing poverty in the global south through development of a modest premise outside the anti- foreign aid and pre- foreign aid discussions. They argue that poverty alleviation strategies on international development aimed at alleviating poverty in the developing nations have to be formulated on an international platform.