International Business(Singapore) Essay Example | Topics and Well Written Essays - 2250 words

International Business(Singapore) - Essay Example The country is also a regional hub for wealth management as it ensures that there is enough revenue for the purchase of raw material and natural resources which are not available in the country. In view of this, the case study analyses Singapore’s international trade, explain how globalisation has affected its economy and its culture and evaluates the factors that are affecting its international business through SWOT analysis. Since the 1960s, research has shown that Singapore has improved in its export and import sector of the economy. It has been ranked as the 15th largest importer and 14th largest exporter in the world. International trade has a great impact on Singapore’s economy. Singapore adoption of export-oriented industrialisation made it easy for the country to succeed in the international market. Additionally, they have few barriers to the importation and exportation of goods and services. That means that the country has few trade barriers. The country also trades with the Most Favoured Nation (MFN) (Hinkelman & Shippey, 2004, p. 93). There are zero tariff rates which apply to some of their products. Additionally, they have six lines for alcohol beverages making it one of the best exporters of alcohol beverage. However, there are different import restrictions because of environmental, health, and security concerns. It considers free trade as an important factor which facilitates the grow th of the nation. Primarily, the United States is one of the largest Singapore’s trading partners. United States influences Singapore’s international trade (Koh & Lin, 2004, p. 56). From the sale of the manufactured goods such as the computer peripherals and electronics, the country imports natural resources and agricultural products. Singapore has limited arable land, thus; it depends on the aggro-technology park. Additionally, the country relies on

IIndividual Projec Assignment Example | Topics and Well Written Essays - 500 words

IIndividual Projec - Assignment Example Today Hip-Hop is a way of life among many youths, a new culture that is deeply woven in all aspects of our daily life. Faced with myriads of challenges that range from unemployment, inequality, marginalization, lack of access to quality healthcare and many others, urban youth have been heavily impacted by these effects of industrialization and globalization. Most youth now identify with the Hip-Hop culture; it informs our understanding everything in our surrounding. For most youths, Hip-Hop is a way of life and a method through they understand the world. This is reflected in their choices of media to consume, books to read music, movies and games purchased. A lot of empirical data is available to show how Hip-Hop culture influences youths when it comes to learning (Carl and Virgil, 2014). Music is recognised significantly among the youth and as such is a very essential element of their culture. Many of us youth enjoy listening to and expressing our feelings through music. Research has shown Hip-Hop, R&B, Rock, Pop and Punk as the most preferred genres of music among the youth. Many youth and students will therefore spend their time listening to either of these genres of music at least every day. The lack of understanding of Hip-Hop by parents and other figures of authoring them admonish the youth for identifying with it and this in turn has compelled forced youth to deeply immerse in the culture (Sealey and Greene, 2010). Another very important element of the youth culture is their intimacy with video gaming. This is particularly influenced by the availability of internet with which youths can easily download or even play video games online. There is also the rapid increasing in the uptake of mobile phones, with lots of youth having access to mobile phones it is very easy to access the internet and play online video games from anywhere any time. This aids in advancing their embrace when it comes to video gamingm. In conclusion