Critical Thinking Essay Example | Topics and Well Written Essays - 750 words - 18

Critical Thinking - Essay Example Much of the corporate wealth in the region is in government hands. Earlier this year, the company won the auction for former GE Plastics with $11 billion, and it has significantly expanded its U.S. operations. In addition to that, it has acquired the U.K.’s Huntsman Petrochemicals Company last year. The company is currently investing about $20 billion annually in expanding capacity (Al†Salamah & Wilson, 2001). I chose SABIC because it has values that include inspiring employees by empowering them with clear and shared comprehension of the ethical boundaries that they must operate. More so, Engage diverse workforce by ensuring that they maintain respectful and welcoming work environment. In addition, it helps create a sustainable compliance with integrity framework. That is, it will support innovation in products in a highly regulated world. Thus, finally delivering growth by earning the trust of employees, customer and business collaborates and ensure that they always conduct business with a lot of integrity (Jasinska-Walc et al., 2015). One can describe the advantages of SABIC basing on the geographical environment. In addition to that, the countries’ regulatory framework of government in which SABIC operates their business, the political set up of the countries that SABIC have their manufacturing plants. Moreover, the taxation rules, regulations and policies of the countries, and finally the production and transportation costs. Cultural issues: cultures of different countries vary and can bring impact on the company accordingly. There are Promotional messages sent to the consumers who are responsible for the purchase decision, also the marketing message highly depends on cultural background of the user. Therefore, cultural awareness is essential when designing marketing strategies for the global markets. The views of the user are always in consideration (Jasinska-Walc et al., 2015). SABIC has used marketing strategies of the firms to learn more

Critical analysis of Integrated Water Resources Management Essay

Critical analysis of Integrated Water Resources Management - Essay Example This inconsistency therefore renders the solutions to water problems dependent on its availability and several other factors including the processes of management, competence and capacities of authorities tasked with the management, prevailing socio-political factors that inform the planning, development and management processes. Other factors include the suitability and implementation status of the prevailing legal frameworks; accessibility of financial resources, regional climatic, social and environmental situations; the extent and availability of exploitable technologies; national, regional and international awareness and attitudes; the levels of education and developmental conditions; governance issues including political meddling, corruption and accountability; and the availability of quality, effective and relevant research aimed at solving the water problems1. The importance of water as a resource can be adequately explained by the widespread interest it is to the general soc iety, and several public institutions that are linked to development issues at the state and local levels, the academic field, private sector and non-governmental organizations (NGOs). It is this widespread interest in water that makes its management to command a greater level of social and political attention although the levels may vary from one country or region to another and over time. Globalization has brought about a higher level of interrelation and complexity in the world, a situation that has led to a pervasive interest in issues that ensure good quality of life to the people. Water, though not the only issue takes center stage and in the recent past, there has been a substantial amount of evidence that the water problems faced by a country cannot be singlehandedly solved by the water experts and water ministries. The interconnectivity and the new level of interlink between water problems and other issues related to development demands that water problems, and management a nd development should be multi-faceted with the participation of all stakeholders including users, planners and policy-makers at all levels (INBO and GWP, 2012).2 The prevailing and upcoming predictable trends show that water problems will continuously get more complex and the interlinking with other development sectors such as agriculture, energy, manufacturing, transport and communication and social aspects of life such as education, environmental issues, and health will keep on increasing3. An issue that is of vital importance and creates significant challenge to members of the water profession is the formulation of ways of successfully addressing the current and future water problems at all stages including local, national and international levels. It is with this in mind that during the early 1980s, a number of members of the water profession came to the realization that the overall world water situation was not at a desirable level. Therefore it is imperative that when formula ting a solution, it is appreciated that the water problems are becoming more multi-dimensional, multi-sectoral and multi regional and could therefore only be solved through a multi-criterion decision making