Tuesday, February 25, 2020

Business Environment Essay Example | Topics and Well Written Essays - 4000 words

Business Environment - Essay Example That is on a rough estimate from 2.1 to 3.1 million tones. At the same time world production of green tea is expected to grow at a faster rate of around 4.5 percent on an annual basis for the next ten years. During this time FAO expects that tea production would outstrip the consumption part (Agritrade, 2009). Tea is basically grown in thirty six tropical and semitropical nations. Twenty one of these are from the ACP region. The first six biggest producer countries include; China, India, Kenya, Sri Lanka, Indonesia and turkey in that respect. This group accounts for eighty percent of the global output. However, it is only less than half of the production which is exported. This is because China and India are major consumers of their own productions. Since the period of 1993-95, global tea production has grown by around two percent. At the same time, consumption in Western states has less than matched this growth by only increasing by a one percentage upward move. In the year 2007, the world tea consumption was on a virtual stagnation point. The increase was quite minimal rising from 3.649 to 3.668 million tones on the basis of the year before. However, in a number of developing countries, the production pace has matched the consumption rate or in other states. In other cases it has fallen short of consumption demands. In this period, China’s consumption overtook that of India as a result of a thirteen point six percentage increase. It is also worthy mentioning that the United Kingdom purchases roughly half of the consumption of the European segment (Agritrade, 2009). The global production of tea witnessed a 2.3 percent growth rate in the year 2007 which saw production levels hit the 3.7 million tones level. It is the Chinese production that accounted for thirty point six percent of the total production, closely followed

Sunday, February 9, 2020

Organizational Behavior and the Individual Essay

Organizational Behavior and the Individual - Essay Example Porter and Lawler’s theoretical model on individual motivation is largely based on this theory, and identifies expectancy, instrumentality and valence as the critical elements of motivation. These elements are related to extrinsic and intrinsic motivational factors which include praise, recognition, incentives, etc and intrinsic factors are associated with an individual’s psychological values associated with work, leaders and the self (Isaac, Zerbe & Pitt, 2001). This theory has been expressed through the MARS model by McShane and Glinow (2006, 2008) who describes individual behavior as a resultant of motivation, ability, role-perception and situational factors. Motivational activities at Verizon may be related to the critical elements of expectancy theory and heed to individuals’ material motivation in the form of external compensation and benefits; achievement motivation through internal rewards and recognition, and emotional motivation through a great work place for the employees. These in turn influence individual performance shaped by extensive training involving simulation, classroom instruction, and on-the-job training that define individuals’ role-perception, create ability and cover situational factors such as product knowledge, soft skills, time and budget, facilities etc (McShane & Glinow, 2008). Verizon’s training plays a significant role in attaining high customer satisfaction scores (Noe, 2008). McShane and Glinow quote, â€Å"people rely on their ethical values do determine ‘the right thing to do’† (2006, p.33). For this, they attribute utilitarianism, individual rights, and distributive justice as the main requirements to foster ethics in organization (2006, 2008). At an organizational level, its culture is one of the main spheres where business ethics can have a significant impact on organizational