Friday, October 18, 2019
Work experience Essay Example | Topics and Well Written Essays - 500 words
Work experience - Essay Example When working in this division, I had contact with multiple shipment vendors and worked to develop quality relationships with drivers and their related dispatchers. Invoicing was often a job requirement in the warehousing division. Sales and marketing dealt with identifying target markets for delivery of business-to-business promotional literature. In this business area, job responsibilities included heavy focus on relationship marketing to ensure that vendors within the supply chain remained responsive to our businessââ¬â¢ needs. Monitoring strategic alliances for improving costs was often a business responsibility. In similar regard, customer service functions in the steel company included fielding calls from multiple clients and demanded proficiency in materials resource planning software. At the leadership level, accounting job responsibilities included calculating current and future net profit by reviewing balance sheets and income statements and recording revenue receipts. I earned considerable experience in the rules governing sales tax and income tax at the business level. Accounting gave me the ability to assess the financial health of a business through financial
Thursday, October 17, 2019
Clinical Scenario with Structured Questions Essay
Clinical Scenario with Structured Questions - Essay Example A nurseââ¬â¢s aid who is also a second year nursing student at university saw the client , took his blood pressure which was found to be elevated at 185/112. His heart rate was rapid at 113 beats per minute. The clinical picture indicated that the man was most probably having a heart attack. The student / nurse called an ambulance. As per unit protocol an accident/incident form was filled. Chest pain is a common occurrence with older patients. In the Emergency Department, chest pain needs to be isolated as cardiac or non-cardiac in origin. Physical assessment and proper history taking is very important in identifying the type of chest pain the patient is experiencing. This will also help the health care provider prioritize the plan of care. Proper assessment and history taking through detailed interview could have helped greatly in avoiding errors and reducing incidence reporting. This also indicates that the quality of care is improving. Pain is a very subjective matter. McCaffre y defined pain as whatever the person experiencing pain says it is, existing whenever the person communicates or demonstrates it does (McCaffrey, 1986). Chest pain is one of the most common complaints in emergency departments of hospitals and acute care centers, so common that immediate evaluation and correct diagnosis is very important in the patientââ¬â¢s survival. The situation describes a 44 year old Anglo-Saxon male client presenting with crushing chest pain. History shows long term use of alcohol, obesity, diabetic with insulin infusion, diaphoresis and shortness of breath. The Registered Nurse who first assessed the patient missed critical information such as taking the vital signs of the patient. Vital signs, particularly blood pressure is very important in the assessment of pain. Increased blood pressure usually indicates severe pain (Cox). High blood pressure and tachycardia are symptoms of a heart attack. These symptoms plus the crushing chest pain, diaphoresis and s hortness of breath are warning signs of heart attack and is should be considered a medical emergency. Clinical Governance Clinical governance is a term used by the National Health Service to describe a systematic approach in maintaining high standards of care and aims to continually improve the quality of services delivered in the clinical practice environment. Clinical governance is defined as a framework which helps all clinicians ââ¬â including nurses ââ¬â to continuously improve quality and safeguard standards of care (Royal College of Nursing). The role of clinical governance in this situation is to correct any mistakes that the drug and alcohol detoxification unit failed to detect. The purpose of clinical governance is to maintain and improve standards of patient care. In this scenario, it will improve the inadequate partenership between and among health care professionals dealing with the patient. It will also improve delivery of health care in other elements of clini cal governance such as education and training, clinical audit, clinical effectiveness, research and development, openness and risk management. In education and training, the staff of the unit are equipped for drug and alcohol detoxification but they also need to continually update themselves with regards to medical cases in order for them to promptly idnetify life threatening symptoms such as mentioned in
Reflections on World's Leadership Research Paper - 2
Reflections on World's Leadership - Research Paper Example Further, great leaders formulate and convey strong beliefs and they do not simply impose their will. Instead they rally followers to support their visionary ideas through leading by example. This paper seeks to differentiate between two contemporary leaders using the mentioned features, among others. As mentioned in the preceding paragraph, leadership is termed as an influence association among leaders and followers who are interested in influencing real change, as well as, exceptional outcomes that reflect their shared rationale. Therefore, it is imperative to ask oneself what make an individual a good or a bad leader. For instance, Warren Buffett is termed to be one of the good business leaders in the world. The main question that everybody is interested in is to know what makes him successful as a leader. Buffet is a good leader because; his leadership has made a positive change in the world today (Spindler, 2008). There is a huge relationship between change and leadership and Buf fet has portrayed the ability to change the world and make it a better place. This is attributable to the fact that he has the ability to survive in very uncertain business ventures. As a leader, Buffet has adapted ways in which he can respond to crisis or change and channeled his ambition to change the world by achieving better goals (Mclaughlin, 2013). Understanding whether leaders are born or made is an aspect that is extremely imperative. This will assist in determining whether Buffett was a born a leader. Research and Experience depicts that there is little evidence showing that an individual that rises to power can be termed as a ââ¬Å"born leader.â⬠It is evident that Buffett has had challenges equal to other others leader. However, he has always managed to be successful in his work. This is because Buffett had learned from all his mistakes and managed to turn them into positive aspects. For instance, Buffett ensures that he has shared his leadership at all organization al levels by empowering others to share his responsibilities. This enables him to actively act efficiently in all categories as a leader (Mclaughlin, 2013). This is what creates a huge distinction between good management and leadership. Managers have controlling, organizing, and budgeting powers and Buffett contains leadership skills in all these three levels. These are traits that make an exceptional business leader (Daft, 2007). Another imperative trait that business leaders should posses is communication (Daft, 2007). Buffet is described as an accomplished communicator in all facets of his life. It is crucial to note that communication is the principal aspect in leadership. This is why many skilled communicators are able to appreciate for in the business world. Buffet has the experience to position himself in favorable positions in the business world. He is able to comprehend individuals that he is communicating to easily. He possesses audience knowledge and understands what diff erent people want thus capturing their concentration encouraging them to listen. This makes him a good leader because; he not only knows how to communicate with high profile people, but also with the subordinates with ease. Additionally, Buffett is an outstanding listener and
Wednesday, October 16, 2019
Clinical Scenario with Structured Questions Essay
Clinical Scenario with Structured Questions - Essay Example A nurseââ¬â¢s aid who is also a second year nursing student at university saw the client , took his blood pressure which was found to be elevated at 185/112. His heart rate was rapid at 113 beats per minute. The clinical picture indicated that the man was most probably having a heart attack. The student / nurse called an ambulance. As per unit protocol an accident/incident form was filled. Chest pain is a common occurrence with older patients. In the Emergency Department, chest pain needs to be isolated as cardiac or non-cardiac in origin. Physical assessment and proper history taking is very important in identifying the type of chest pain the patient is experiencing. This will also help the health care provider prioritize the plan of care. Proper assessment and history taking through detailed interview could have helped greatly in avoiding errors and reducing incidence reporting. This also indicates that the quality of care is improving. Pain is a very subjective matter. McCaffre y defined pain as whatever the person experiencing pain says it is, existing whenever the person communicates or demonstrates it does (McCaffrey, 1986). Chest pain is one of the most common complaints in emergency departments of hospitals and acute care centers, so common that immediate evaluation and correct diagnosis is very important in the patientââ¬â¢s survival. The situation describes a 44 year old Anglo-Saxon male client presenting with crushing chest pain. History shows long term use of alcohol, obesity, diabetic with insulin infusion, diaphoresis and shortness of breath. The Registered Nurse who first assessed the patient missed critical information such as taking the vital signs of the patient. Vital signs, particularly blood pressure is very important in the assessment of pain. Increased blood pressure usually indicates severe pain (Cox). High blood pressure and tachycardia are symptoms of a heart attack. These symptoms plus the crushing chest pain, diaphoresis and s hortness of breath are warning signs of heart attack and is should be considered a medical emergency. Clinical Governance Clinical governance is a term used by the National Health Service to describe a systematic approach in maintaining high standards of care and aims to continually improve the quality of services delivered in the clinical practice environment. Clinical governance is defined as a framework which helps all clinicians ââ¬â including nurses ââ¬â to continuously improve quality and safeguard standards of care (Royal College of Nursing). The role of clinical governance in this situation is to correct any mistakes that the drug and alcohol detoxification unit failed to detect. The purpose of clinical governance is to maintain and improve standards of patient care. In this scenario, it will improve the inadequate partenership between and among health care professionals dealing with the patient. It will also improve delivery of health care in other elements of clini cal governance such as education and training, clinical audit, clinical effectiveness, research and development, openness and risk management. In education and training, the staff of the unit are equipped for drug and alcohol detoxification but they also need to continually update themselves with regards to medical cases in order for them to promptly idnetify life threatening symptoms such as mentioned in
Tuesday, October 15, 2019
ODCE model tax tready Essay Example | Topics and Well Written Essays - 1000 words
ODCE model tax tready - Essay Example In this regard, GoodFood Inc. has been identified to be conducting operations in different States owing to which the company is taxable under the OECD model2. The term Permanent Establishment (PE) in Article 5 is used for tax treaty purposes. PE is a concept of tax that indicates the business level in the Source State. It also involves in various other treaty provisions. Alternative provision found in paragraph 42.43 of Article 5 of the OECD model implies that foreign enterprises should be present more than 183 days, but it is not necessary to have a specific place of business. The alternative provision does not require specific time, but it is necessary to fix the place of business. In this respect, according to the provision, GoodFood Inc. is not taxable, as the date of business commencement is not mentioned3;4. The UN model is used as a tool in international tax treaty negotiations in developing and developed countries for managing tax issues. The role of this model is to allocate taxing right between the residence jurisdictions and source jurisdictions. This model allows larger source taxation. It is also referred to as ââ¬Ëdouble taxation conventionââ¬â¢. The OECD model allows more exchange of information and this mode involves in the every kind of taxes and description while the UN model only involves taxes in the model. However, the provision of exchange information is similar to both models. Thus, based on the UN model, GoodFood Inc. is taxable5;6. The services PE provision in Article 5 of OECD model is used for tax treaty purposes. The services PE provision requires foreign enterprises to be operating more than 183 days in a twelve month, but not necessary to have a fixed place of business. The main commitments of PE provision are to provide a taxation right to the Source State. This provision is essential for several articles, but is important for article 7, which is included in industry profits. In this respect, it can be stated that
Monday, October 14, 2019
Rights of Children Essay Example for Free
Rights of Children Essay Childrens rights are defined in numerous ways, including a wide spectrum of civil, cultural, economic, social and political rights. Rights tend to be of two general types: those advocating for children as autonomous persons under the law and those placing a claim on society for protection from harms perpetrated on children because of their dependency. These have been labeled as the right of empowerment and as the right to protection. One Canadian organization categorizes childrens rights into three categories: Provision: Children have the right to an adequate standard of living, health care, education and services, and to play and recreation. These include a balanced diet, a warm bed to sleep in, and access to schooling. Protection: Children have the right to protection from abuse, neglect, exploitation and discrimination. This includes the right to safe places for children to play; constructive child rearing behavior, and acknowledgment of the evolving capacities of children. Participation: Children have the right to participate in communities and have programs and services for themselves. This includes childrens involvement in libraries and community programs, youth voice activities, and involving children as decision-makers. [15][16] In a similar fashion, the Child Rights Information Network, or CRIN for short, categorizes rights into two groups:[17][18] Economic, social and cultural rights, related to the conditions necessary to meet basic human needs such as food, shelter, education, health care, and gainful employment. Included are rights to education, adequate housing, food, water, the highest attainable standard of health, the right to work and rights at work, as well as the cultural rights of minorities and indigenous peoples. Environmental, cultural and developmental rights, which are sometimes called third generation rights, and including the right to live in safe and healthy environments and that groups of people have the right to cultural, political, and economic development. Amnesty International openly advocates four particular childrens rights, including the end to juvenile incarceration without parole, an end to the recruitment of military use of children, ending the death penalty for people under 21, and raising awareness of human rights in the classroom. [1] Human Rights Watch, an international advocacy organization, includes child labor, juvenile justice, orphans and abandoned children, refugees, street children and corporal punishment. [19] Scholarly study generally focuses childrens rights by identifying individual rights.
Sunday, October 13, 2019
Global strategy of computer manufacturers and the digital divide
Global strategy of computer manufacturers and the digital divide Introduction The computer industry had not existed before the Second World War, but today it will be difficult to imagine an office without a personal computer (Dedrick, 1998, 4). Over the years, the continuing changes in computing and information technology (IT) have confounded expectations and challenged the traditional concept of competition. Improvements in performance and capabilities of computer-related technologies have been dramatic to say the least and prices have declined substantially over the years. Public and private sector research on computer-related technologies is considered as being critical for advancement and multinational corporations from the United States of America have created a massive production network to cater for global demand. However, ongoing competition, changes in the market for computers and computer-related technologies together with changes in technology keep computer manufacturers on their toes. Yet, despite the advances in computer-related technologies, imp rovements in global standards of living and declining prices of the previously mentioned technologies, exclusion or a lack of access to computers and computer-related technologies continues to present a threat to the establishment of information societies in many countries in the developed and the developing world (Ferro, 2010, Chapter 1). Access to Information and Communication Technologies (ICT) is important for effective participation in the twenty-first century (Ferro, 2010, Chapter 1). Without access to the ICT, it is impossible to tap into the knowledge and information available on the World Wide Web and the ability to communicate with others becomes restricted. Computers are not only needed for a wide variety of tasks that are now considered as being a part of life, such as word processing or quantitative manipulation, these tools are also useful for sophisticated modelling and simulation for business and a wide variety of other fields of human endeavour. Skills in computing are essential for employment that is better than the mediocre and without ICT lifelong learning is likely to remain a dream. Thus, those without access to computers lose out and find it difficult to progress materially or intellectually. Communities without access to the ICT find that they are cut off from the world, and that they can do lit tle to improve their lot and that of those who are a part of them. Those who can develop websites to present their business messages find that they do have access to a global market, even if they must compete with their products and ideas. Although the capacity of an individual or a community to afford ICT, including personal computers and the Internet access hardware and infrastructure that enable computers to communicate is a factor that contributes to digital divide, this is not by any means the only one (Ferro, 2010, 8 10) and (Partridge, 2007, iv). In addition, the digital divide is not a phenomenon that only afflicts the underdeveloped world. However, computer manufacturers can play a role in helping individuals and communities have better access to the ICT and their global strategy does make a difference. Clearly, the computer industry and manufacturers together with many millions around the world will benefit if many more pieces of ICT equipment are made available to users. However, global manufacturing, markets, innovation and developments in technology together with a concern for profits influence the global strategy of multinationals and other manufacturers of ICT. Thus, it makes sense to try to understand better perspectives related to digital divide and global manufacturing strategy of computer manufacturers. A literature review for global strategy of computer manufacturers and digital divide will be of interest to anyone who has an interest in technology, computing, multinationals, development and the ICT. It is with the previously mentioned considerations in mind that a literature review for the topic of discussion is attempted. Literature Review IBM had played a unique role in the evolution of the computer industry in the United States of America from the 1950s to the 1990s by being both a path definer and a protagonist which integrated electronics technology with its punched-card tabulators to capture most of the worlds computer market in 1954 (Chandler, 2001, 245 250). Later, this firm was to develop the System 360 after very substantial investments in research to create formidable barriers to entry into the computer industry which were only challenged by Japan at a later stage. United States of America continued to dominate the computer markets when Intel released its first microprocessor and Microsoft developed an operating system for the first personal computer. Because all personal computers had to use the Intel microprocessor and the Microsoft operating system, a superb competitive advantage was created for the previously mentioned firms and their home country, the United States of America. This competitive advantage was pushed further by other firms including Sun Microsystems, Texas Instruments, Silicon Graphics, Motorola and Compaq, which developed the first laptop computer. Thus, even today, relatively few firms control computer technology and its ongoing development resulting in a situation that is close to being oligopolistic. According to Johnson (2005, Chapter 2), a need for capturing more income and global markets prompted players in United States computer industry to try to capture overseas markets, but many other nations were only able to purchase readymade or assembled products. The very large investments required to develop computer technology, together with what was required in the form of skills meant that only Japan could present a challenge to the United States computer industry. Constant innovation and improvements in design and technology presented serious problems for those wanting to catch up. Proliferation of new ICT technology was only gradual even in the United States of America, because knowledge of core technology was lacking and licensing, external research contracts, hiring of former skilled employees and alliances or joint ventures only resulted in a gradual transfer of the core technologies (Viardot, 2004, 58 64). However, after core technologies had gradually proliferated, further innovation and improvement determined market leadership. Those that were committed to developing state-of-the-art technology and helping customers to apply it to solve their problems were more successful, but when technology evolved and the nature of customers problems changed, the firm had to change too (Viardot, 2004, xiii). Viardot (2004, Chapter 1) goes further to suggest that high-tech products have a short life-cycle and use sophisticated core technologies that are difficult to copy. Moors Law for integrated circuits suggests that markedly superior integrated circuits, including microprocessors or memory chips, are likely to become available every eighteen month or so. Thus, after developing a high-tech product, the firm must rapidly bring it out to market and sell it to recoup its research and development expenses and the investments made in manufacturing operations. In addition, uncertainty about the direction of evolution of new technology and a need for upgrading product models requires that funds are made available for further research, development and innovation. Thus, the pricing strategy for a high-tech product requires that the sales margins provide for manufacturing costs, distribution costs, channel costs, innovation costs and costs for bringing out new models and for retooling as well as reserves for a competitor response, etc. This clearly means that, unless markets guarantee that products will sell well, the price will remain high (Jain, 1999, Chapter 15). Economies of scale operates when a high-tech manufacturing firm is assured that it can recoup its costs or when a enough units had been sold to provide for development costs. Clearly, high tech innovators and manufacturers cannot supply ICT free to everyone because this will not make economic sense (Keyes, 2010, 59 73). In addition, fundamental business values and capitalism cannot permit everyone around the world to be taught how to design an integrated circuit and be provided all the sophisticated equipment required for integrated circuit fabrication or research. Wages for those working with high-technology in developed countries are far higher than in other countries, even though the laws of supply and demand do dictate what is possible to be asked for a high-tech ICT product. Dedrick (1998, 50 55) states that it was the invention of the personal computer (PC) which led to the globalisation of the computer industry, with multinationals creating a production network that took advantage of local capabilities to serve markets around the world. Parts used for assembling a PC were outsourced competitively, and it was in Microsofts interest to be able to license its operating systems for use by all computer manufacturers because this meant capturing the market. Thus, even today Microsoft operating systems and other software products, such as Microsoft Office, remain the most popular around the world. Because Microsoft had early mover advantage, it could develop its products to present quality that remains unmatched by others even today. By trying to seek the lowest prices for its PC components, IBM encouraged suppliers to enter large volume manufacturing and this meant that prices gradually dropped. By copyrighting the Basic Input Output System (BIOS) for its c omputers, the program which connects computer hardware to the operating system, IBM had tried to ensure that others could not copy its personal computers. Despite this, Compaq reverse engineered the BIOS by analysing leading software applications to produce its own computer, but others who had directly copied the IBM BIOS were sued. Standardisation provided Microsoft and others in the industry with greater leverage, creating an open architecture that encouraged new players who could build their own PCs provided, they purchased microprocessors from Intel, BIOS from a suitable supplier and operating system from Microsoft. Dedrick (1998, 58 75) goes on to suggest that the evolution of the global PC industry was moulded by intense competition among PC manufacturers who now had an open architecture, but could purchase licensed BIOS and Microsoft operating systems. Thus, the actual manufacturing of PCs was located in regions that presented cheap labour and close to markets in locations that optimised the interests of manufacturers. Massive investments in DRAM memory chip developments by Japanese and South Korean electronic multinationals were to mean that they retain leadership in this technology even today, but actual manufacturing has now shifted to East Asia from where labour costs are low and shipments to Japan, North America, Europe and other markets are possible. Only designing, new technology development and marketing are retained in the United States of America, with a certain shift to cheaper locations, such as Bangalore in India, where skills and expertise in certain technologies are available cheaply. Thus, it is only proper to conclude that computer manufacturers have tried to do that which will reduce prices together with making profits while providing funds for future research. However, despite this many around the world suffer from a lack of access to ICT. A shift towards horizontal integration rather than vertical integration was the driving force behind the globalisation of the PC industry (Dedrick, 1998, 68 75). East Asian countries could develop strong linkages with the global production system for PC coordinated by the United States of America because they possessed national industry infrastructure and had gained an expertise in exporting, they indulged in aggressive outward-oriented national policies to develop national industries, and they had prior experience in electronics manufacturing. Although, it may appear a casual observer that superior design and technology alone will provide a competitive advantage for the marketing of high-tech products, including the ICT, this is not quite correct. Jager (1997, Chapter 8), which presents the story of Dell Computer Corporation indicates that offering superior service and ease in purchasing quality computers over the phone can help support a superior product. In addition, reducing cost overheads involved with retail could benefit both Dell Computer Corporation and its customers. Thus, Dell Corporation which had revolutionised the idea that customers could purchase direct from the manufacturer over the phone without any retail store being involved provided better deals to its customers. This company was to grow from a $6 million company in 1984 to $69 million in 1987 and $546 million in 1991. Clearly, better pricing made possible by eliminating the retailer, superior service and the high-quality computing machines sold by Dell Corporation satisfied a vast majority of customers to make such spectacular growth possible. Obviously market capture is important, and it is right to do that which will appeal to the market. It will be right to say that over the years, economic development and consolidation of the global production system for PC has presented established markets and locations. However, the opening up of China not only provided a vast new market in which multinationals could compete, but this also enabled Chinese multinationals to compete more aggressively on international markets (Larcon, 2009, 195 205). Lenovo Group has been a unique success story in Chinas corporate world and this group recently strengthened its position in global markets by acquiring the PC division of IBM for US$1.25 billion in cash and shares, with US$500 million in debts. IBM was more interested in focusing on service, software development and server technology. In addition, IBM hoped to benefit from the sale of its PC division to Lenovo by targeting Chinese banks, government agencies and manufacturing companies, while Lenovo was to remain a preferred supplier to IBM global services. Lenovo, which had a 27% share of the PC market in China, with an iron grip on government and education markets, and a 12.2% share in the Asia-Pacific region, (excluding Japan), now derives only 2% of its annual global sales from the Chinese markets and can compete with Dell Corporation and Hewlett-Packard. The world is now witnessing a large scale reconfiguration of value chains related to ICT as large Western firms focus their activities on core and more profitable markets in comparison to the mature markets. According to Larcon (2009, 198 200), the sources of competitive advantage now exhaust progressively, possibilities for differentiation are now thinner and margins erode as products become commoditised. Innovations in products are difficult to sustain because these innovations are now easily copied and claims of technical superiority are difficult to prove due to product commoditisation. However, locating in cheap labour markets with high automation in production can provide China with opportunities for co mpeting. The Research Markets (2004, ââ¬Å"Computer Company Strategy Their New Developments in the Digital Consumer Electronics Marketâ⬠) states that many computer manufacturing firms were now poaching into each others markets and looking for new sources of competitive advantage. According to the previously mentioned report, household penetration of computers in the United States of America had reached 80%, and it was unlikely that any further growth could be sustained even by estimates presented by the computer industry. Subsequently, the prevailing global financial recession of 2008 2010 adversely impacted global sales of computers and all computer manufacturers, including Dell Corporation, were trying to find ways for sustaining price declines in an effort to increase sales. Thus, moving to cheaper locations for manufacturing computers and cutting costs proved to be essential for everyone. Computer manufacturers in China continued to adjust their strategies in the face of shrinkin g demand and Dell Corporation announced the closure of its plant in Ireland to shift production to Poland, which offers cheaper operating cost for manufacturing (Wikipedia, 2009, ââ¬Å"Dellâ⬠) and (C114, 2008, ââ¬Å"Chinese computer manufacturers adjusting strategies for 2009 as market demand shrinksâ⬠). Manufacturers in China are now targeting rural markets with the assistance of the government of China, which has decided to include computers among its list of household subsidised goods for its citizens. Clearly, the previously mentioned strategy will work to bring computers into the lives of very many more people to diminish the effects of the digital divide and boost the rural areas of the Peoples Republic of China (PRC). Examination of news headlines associated with major computer manufacturers, including Dell Corporation and Hewlett-Packard, on Yahoo Finance and Google Finance suggest that efforts are ongoing to bring more innovation into offerings made available by the global computer industry (Yahoo Finance, 2010, ââ¬Å"Search Results for Dell and HPâ⬠) and (Google Finance, 2010, ââ¬Å"Search Results for Dell and HPâ⬠). However, it will appear that price competition will intensify in the computer industry because according to Acer CEO, Stan Shih, the trend for low price computers will continue for the coming years, but the high wages of US$20 per hour in the United States of America in comparison to US$1 in PRC make it impossible for United States manufacturers to compete with cheap products (Alberts, 2010, ââ¬Å"Asias Laptop Ascendance?â⬠). Tech vendors are now developing new products faster and chip sales have improved due to demand for newer chips for new types of computers an d high-tech gadgets (Wall Street Journal, 2010, ââ¬Å"Search Results for Computersâ⬠). Thus, it will appear that the price of the latest computer with the latest technology will fall but the prices of second hand computers, which can still work will fall even more. Thus, it appears that computers are now even more affordable than ever and this trend will continue for the future. Although today computer manufacturers have to think hard and deep to innovate new products that attract customers, it will appear that further developments and improvements in personal, handheld or notebook computers are still possible. Research in ubiquitous, mobile and context aware computing will suggest that many new innovations are possible to be included into the portable gadget that individuals are likely to carry around with them as their personal computer (Stojanovic, 2009, Chapter 1) and (Symonds, 2009, Chapter 1). It is likely that a personal computing device of the future will contain a number of sensors that will enable it to determine its location and depending on where the device is located and the context that dominates within this location, the personal computing device will interact with its human user to suite the location and the dominant context. Thus, much more can be added to what is available in the form of a laptop, notebook or a mobile computing device. Howe ver, it is likely that the computer manufacturers are waiting and saving to get out of the economic downturn to bring new futuristic products when they are likely to sell. Obviously, standardisation and further developments in networks will have to support such mobile context aware devices and this means that the economic climate must right to be able to support implementation of ideas, which have been demonstrated in the laboratory. The technology exists, but it as to be rolled out for commercialisation and mass production. Even those living in developed countries and their communities cannot upgrade their networks, computing hardware and software every day. Although laptop and notebook computers today have built-in cameras and Radio Frequency Identification Devices (RFID) as well as finger print identification, the developed world still waits for ubiquitous grids, ambient intelligence, ubiquitous networking and proliferation of applications for RFID, such as contactless payment sy stems (Symonds, 2009, Chapter 1). The previously mentioned will only appear when the economy is right. Gupta (2009, Chapter 7) states that in the relatively near future, organisations will have to change their mindset to thrive and to sustain competitive advantage. It will be necessary for all to rethink their global strategy, rethink innovation, organisation and to develop a global mindset rather than a local or a national mindset. Global strategy must be designed with a view to trying to capture the largest share in the global market. Thus, emerging economies of China and India should be considered for inclusion even though the purchasing power of consumers in these countries is far below that of the developed West. Perhaps if Microsoft had been willing to sell its operating systems and other software in emerging economies at prices that considered local spending power, software piracy would have been much reduced and earnings for Microsoft boosted. Such a strategy would have benefited everyone, but this did not materialise. Customised solutions to suite the local market should be a vailable with global players. It is important to judiciously globalise the corporate resource base and to balance the need for global integration with the need for local responsiveness. It is likely that the end game in globalisation will not be global standardisation, but global customisation to suite local markets, local requirements and local conditions. Obviously, customisation for emerging and low income countries should perhaps tilt towards making products more affordable. Innovation needs to focus on saving resources that have become depleted due to human activity and extravagance. It is important to remember that dwindling reserves of fossil fuels cannot sustain the huge international trade volumes that persist today. Thus, sustainable production for sustaining standards and innovation on all fronts is important. Gupta (2009, Chapter 7) continues on to state that in the future, manufacturers will have to contend with a constant and rapid evolution of technology that will require that products change to suite. The author presents an example of books that used to be purchased in brick and mortar stores now being downloaded into book readers, PDAs or laptops, with these books changing dynamically as authors add new material. In the future, it will be difficult for a firm to remain secretive about its operations because the Internet will make news, information, balance sheets and other matters transparent to everyone with an interest. New competitors and alliances from emerging countries will have an impact on business and the previously mentioned example of Lenovo presenting a new force in production serves to illustrate this. Innovation directed towards developing new products in a collaborative manner to combine knowledge, resources and technologies will become necessary. Global hubs that coor dinate together to operate synergistically for the global and local benefit will be the shape of the organisation of the future. A strong corporate culture will act as a cohesive force and executives will be willing to benefit from and present benefits to the global diversity rather than succumbing to it by building bridges rather than moats. It can be hoped that when gradually conditions emerge that will enable global multinationals to give and to receive from all, digital divide will diminish more, but it is important to remember that all, including the disadvantaged, will contribute to improve the future (United Nations ESCAP, 2006, 20 26) and (United Nations ESCAP, 2005, 1 23). Governments, the civil society, the individual and ICT manufacturers must all work together to create sustainable solutions because it is important to remember that products of innovation that benefit humanity are made possible by sharing skills, knowledge, effort and making judicious investments. It costs to acquire skills, learn and to take risks to innovate. Thus, it will be unfair to blame entirely the manufacturers for not trying hard enough. However, ICT manufacturers too must be willing to lean towards customisation to suite market conditions rather than insisting on standardisation that will deliberately the underprivileged at an even greater disadvantage. Conclusion It is clear from the discussion presented that although the global economic recession of 2008 2010 and saturation in the developed markets has contributed to the downturn in the ICT industry, computer manufacturers are not yet out of ideas for new products and innovations that will benefit humanity and present a demand in the market. However, it is in the interest of ICT manufacturers to take a global view to do more to benefit and to benefit from emerging markets. Standardisation of products and prices has failed to deliver. Customisation for local conditions will result in benefits for all, but all parties including the individual, government, civic society and the non-governmental sector must contribute while trying to understand perspectives.
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