Thursday, October 17, 2019

The legalization of Marijuana Essay Example | Topics and Well Written Essays - 1250 words

The legalization of Marijuana - Essay Example In addition, the possibility of using the crop as a major cash crop to spur development among farmers poses an important economic opportunity worth exploration. Hayes (2013) is one of those who opposed to any move to legalize marijuana. In his article, â€Å"why Marijuana Shouldn’t Be Legalized,† he presents his reasons why he feels that marijuana should remain illegal in the country. Hayes begins by highlighting that he is one among the many people who have been impacted either directly or indirectly by marijuana smoking. He claims that he has many friends and family members who are addicts to weed smoking. In addition, he argues that he grew up in Oregon, a state notoriously known for weed smoking and brags about possessing the best weed in the country. Since weed, smoking is very prevalent in this state, the debate as to whether the state needs to legalize marijuana or not, often forms the center of debate every time elections come up. However, Hayes (2013) is worrie d that any move to legalize the use of marijuana in the country may have serious consequences. He begins by comparing the marijuana debate to the abortion issue in the in the 1970s, that ended in the Roe vs. Wade case, which culminated in the legalization of abortion. In this regard, Hayes point out that the debate regarding the legalization of marijuana might soon result in a ruling that might have serious consequences to the generation that is yet to come. Even though Hayes agrees with some of the benefits associated with smoking of marijuana in the country, he is very much worried of the side effects links to marijuana smoking. Hayes first major reason for opposing the legalization of marijuana in the country is linked to the fact that smoking or ingesting the weed can cause serious health issue, including lung cancer, high blood pressure, heart complications, maniac disorders, and mental impairment. In proving his claim, Hayes (2013) cited a research conducted by Roger Roffman o f the University of Washington who found that a majority of marijuana smokers suffer from the side effects of the smoking or ingestion of the weed. The professor found out that most marijuana smokers find themselves mentally impaired, which results in inability to think rationally. Another study conducted by Ruben Baler confirmed the earlier research conducted by Roffman by showing that the THC chemical substance found in marijuana is capable of corrupting the chemical activities of the brain, thereby resulting in mental impairment and the inability to reason rationally. Therefore, Hayes is very much worried that the legalization of marijuana in the country might increase preventable diseases among the youths in the country. In fact, he says that he does not want to imagine seeing a 23-year-old sitting comfortably smoking marijuana. Hayes (2013) would like to see these youths grow up in an environment free of marijuana smoking. This is only achievable by maintaining the illegal stat us of marijuana in the country. Hayes also points out that marijuana smoking has been linked to bad behaviors. In this regard, he noted that marijuana smokers are likely to commit crime due to their status of the mind. This implies that legalizing the weed might increase the number of smokers, which effectively increases the number of crime committed in the country.

Wednesday, October 16, 2019

The e-businesss decision making and the customers decision makings Literature review

The e-businesss decision making and the customers decision makings effect each other - Literature review Example Assael believed that the process of decision-making can mainly divided into two parts, choosing and making decision (P48, 2000). It is a well known that the decision making process is an essential aspect of the business and most leaders are aware of the intensity and importance of decision making to the business. The process of decision making generally involves a high number of uncertainties and confusions. As very well explained by Chris Brogan, â€Å"Things are running well and you come up with a hundred new ideas to expand; Things go poorly, and you find yourself grinding through dozens of ideas of what will fix it. But the success youll eventually experience will come from understanding those decisions deeply† (Brogan, 2010). The main aim of good decision making is the need to understand the decisions and choices being made. Decision making has been referred to with a number of words like ‘difficult, perplexing, and nerve racking’ (Arsham, 2010). It is essential to note that these terms are only used on decision making as the process of making a decision is one which is a critical moment for the business and can impact the business in a number of ways. Decisions are the heart and blood of organizations and need to be taken with extreme care and with high levels of focus. Decision making has been defined as â€Å"the process of responding to a problem by searching for and selecting a solution or course of action that will create value for organizational stakeholders† (Scribd, 2010). It is also essential to note that decision making stands on six C’s, these include, a) Construct, b) Compile, c) Collect, d) Compare, e) Consider, f) Commit. Having understood the meaning of decision making, it is essential to understand the decision making process. The next sub section details the decision making process. The decision making process is more of looped process and

Tuesday, October 15, 2019

Strategic marketing and its operations in UK hotels and restaurants Dissertation

Strategic marketing and its operations in UK hotels and restaurants - Dissertation Example According to the research findings in any business or organization related to hospitality industry, the basic intent or desire of the management officials is to achieve desired goals and objectives. These goals and objectives can only be achieved when a company considers the needs and demands of the consumers, internal and external environments, and business opportunities while designing the business strategies. The hospitality industry includes all such businesses that provide accommodation services, tourism services, and food service to the people. Among all types of business strategies, marketing strategies hold key importance in the progress and development of the hospitality industry of a country. In order to attract and retain the customers through customer centric marketing strategies, a business faces many challenges. For this purpose, the business officials need to implement appropriate strategic marketing plans not only to overcome the marketing challenges but also to provi de tourism and food services to the customers in an appropriate manner. Strategic marketing improves productivity of a company. Productivity of a company depends on some critical factors, such as, customer satisfaction and employee retention. If we talk about hospitality industry, if the customers will be satisfied from the food and beverages provided by any specific restaurant, they will work as a source to attract more people towards the restaurant, which will ultimately increase the levels of productivity and profitability of the restaurant. ... pitality companies use to create effective plans that not only satisfy the customers’ needs and demands but also help the companies increase productivity and profitability. Almost all companies find strategic marketing planning a necessity (Samli 1998, p. 2). Strategic marketing improves productivity of a company. Productivity of a company depends on some critical factors, such as, customer satisfaction and employee retention. If we talk about hospitality industry, if the customers will be satisfied from the food and beverages provided by any specific restaurant, they will work as a source to attract more people towards the restaurant, which will ultimately increase the levels of productivity and profitability of the restaurant. It is a well-known fact that when a company makes a customer, it makes one customer, but when a company loses a customer, it loses a hundred customers. In case of hospitality and tourism industries, quality of foods and services is the main factor whic h attracts customers and improves customer satisfaction level for a company. So, a company should create and implement a marketing plan, which should not only reach target customer but also should increase customer satisfaction for the company. 3. Impact of Strategic Marketing in UK Hotels and Restaurants While talking about strategic marketing, we should also discuss the basic purpose of strategic marketing for the UK’s hotels and restaurants. So talking about the main purpose of strategic marketing, we can say that it helps hotels and restaurants improve their performance by attracting more customers and retaining old ones. In UK, hotel managers make use of effective marketing methods not only to reach new customers but also to make them realize their value and importance for the business.

Monday, October 14, 2019

Tok on the Limits of Knowledge Essay Example for Free

Tok on the Limits of Knowledge Essay â€Å"the vocabulary we have does more than communicate our knowledge; it shapes what we can know’. Evaluate this claim with reference to different areas of knowledge. † At first glance this title seems to be ridiculous. Our vocabulary can have complete control over what we can know’. It seems unlikely that there is knowledge that cannot be obtained due to the limits of our vocabulary. However when you look at this in depth it seems to be true. What is vocabulary? Vocabulary are the words we use. Vocabulary has a connection to the word itself and what’s behind it. Say the word cow. The word â€Å"cow† is merely just a noise. But we automatically connect this word to the animal. Every word has this â€Å"magical touch† to it. Thinking about vocabulary this way we can begin to see that knowledge is shaped by vocabulary because the words we have have individual meanings behind them. Without any vocabulary to represent unfound knowledge is there no way for it to be discovered? Different areas of knowledge argue against this idea. Human sciences allow us to perceive and have different observations of vocabulary. If vocabulary can hold different meanings and perceptions to different people and cultures this could potentially allow knowledge to break past the barrier of language. Language also holds its own set of rules. These rules (Context, comprehension, grammar ) can alter the meanings of words to once again allow for different meanings. Language seems to be solid and rule bound. But this is not the case, Language is creative and open-ended. One problem it is faced with is that what one person means when they say something may not be what another person understands when they hear it. This allows for millions of different interpretations. interpretation is very important to the understanding of knowledge. Knowledge runs hand in hand with language, If we fail to interpret On the basis, a general understood meaning allows us to maintain knowledge whereas these new meaning can help us discover knowledge. Language surrounds us wherever we go yet we fail to realize it, yet again it plays one of the biggest roles in human life. We use language in almost everything we do. Language is so important because it allows us to break out of our own self knowledge and enter into the minds and understandings of thers through communication. Communication is the foundation of knowledge. But communication has its flaws that allow knowledge to become hazy and hard to acquire. One example is what one person says might not be what another person understands. This is a huge barrier in communication, which correlates to a huge barrier in knowledge. Think of trying to learn something and h aving no background or understanding of the vocabulary used. You are not able to understand this knowledge because you don’t understand meaning. Meaning is the basis to understanding vocabulary. So to not understand meaning of vocabulary, we cannot learn knowledge. This is one way vocabulary begins to limit what we can know. You might think an easy solution to this problem would be to just consult a dictionary or ask for a further explanation of the unfamiliar vocabulary. Although this seems promising and easy, we do not always get the result we look for. Communication has its way of being interpreted. Different people and different cultures have their own understandings of words. Words have fuzzy undefined edges to them. Try explaining the word love. Without much thought you can understand that what it means to you could be completely different to someone else. Looking at vocabulary this way you can see that it creates a viscous cycle that cannot be conquered. Another problem similar to this one is that vocabulary has words that have something to show for them and some that don’t (denotation theory). An example I used earlier is cow, You can look at a cow. Words like these help communication which makes knowledge seem to have fewer limits, But its words like wisdom, pride, or freedom that bring up issues in understanding knowledge. Look at the word pride. You can look at examples of pride, but it does not represent one singular thing that is understood by everyone everywhere. Once again this creates the viscous cycle I mentioned earlier, Until we learn to have a fundamentally sound definition for these words like these will vocabulary no longer limit our knowledge. Now that we have looked at some problems of vocabulary itself we can begin to apply the problems found in communication that limit what we can know. The poet Robert frost observed that rarely do humans ever say exactly what they mean. What he means is that humans during communication will include five problematic meanings. These five are vagueness, Ambiguity, secondary meanings, metaphor, and irony. These five problematic are a huge limitation on communication, if they are not immediately picked up on during communication our knowledge is greatly impacted. First is vagueness. Consider the word tall. While taken out of context this word has infinite possibilities. Tall means completely different things while talking about how tall you are or talking about how big buildings are in major cities.

Sunday, October 13, 2019

Personal Experience Of Social Cognitive Theory

Personal Experience Of Social Cognitive Theory The social cognitive theory refers to a psychological model of behavior that emerged primarily from the work of Albert Bandura. In todays psychological science, people are viewed as biological, psychological, and social organisms which entail thoughts, emotions, behaviors and social factors (Meyer, 1996). The social cognitive theory is a learning theory based on the idea that people learn by watching what others do and that thought processes are central to understanding personalities (. Since a fair amount of learned behavior that influenced our development, displayed in the environment in which one grew up, and as individuals, thoughts and feelings were just as important in determining moral development. Three main factors influencing our development is by observing others, with the environment, behavior, and cognition all as the main factors in influencing our development. These three factors dont stay the same or independent; rather, they are all reciprocal. We learn many of our b ehaviors by observing others and modeling our behavior after theirs (thats the social part). What we think about our situations affects our behavior (thats the cognitive part). One the environment refers to the factors that can affect a persons behavior. There are two types environment the social and physical environment. The social environment includes family members, friends and colleagues. The physical environment could be a room, the climate, the availability of certain foods, or the landscape, just to name a few. These factors play a part in affecting our behavior. Situations refer to the cognitive or mental representation of the environment that may affect a persons behavior. The situation is a person, perception of the time, activities or physical features. The cognitive part also deals with moral competence of an individual which is defined as the growth of cognitive sensory processes. Simply put, it is being aware of what is considered right or wrong. Behavior and people are constantly influencing each other. Behavior is not simply the result of the environment, just as the environment is not simply the result of the behavior. But the environment does provide models for behavior. Modeling sample in observational learning is when a person watches the actions of another person and imitates that action. The social cognitive theory is that we tend to model or copy what we observe. The situations we find ourselves in is processed and shaped in our minds. What the social cognitive theory focuses on how we and our environment interact. MEANINGFUL DEFINING MOMENT My defining moment was one of great significance to me. I believe that moment saved my life, because if I would have continued down the road I was going, I wouldnt be here to write this paper today. I really thank God for that defining moment day of when I decided to follow Christ and how he delivered me from alcoholism. I really I dont remember the exact date when my journey began with Christ. I had a lot of problems in my life: drinking problems, social problems, marriage problems, and many more. They didnt fall off right then and there when I accepted Christ, but they all would gradually fall off as I continued to follow Him. Being around the people in the church put me in a different environment that I started to model. The old environment was not a good one for me because the people there were getting high and drinking. But soon I was able to stand my ground even in that environment. Like I said before the corrupt things in my life started to fall off, things started getting bet ter and my wife and I started serving together in the church. We started taking our children to church every Sunday and through the week as a family. There were still some other things that needed to fall off, like the alcoholism, which still had its evil grip on me, even as I worked and served in the church. A few other corrupt things still had their paws in me too, but I stayed around the church, and kept going because I knew there was hope there in God for me. My children, my wife and I kept going to the church and growing closer together. I believe, no, I know thats what kept us together. The word of God taught me how to love and appreciate life, and the things that I had in life like my wife family and other close friends. I learned how appreciate whatever I had at the time as a blessing from God, because the church taught me that there were some less fortunate than my family and I. I had a roof over my head and there were some people who didnt even have that, those who were ho meless. Now to get back to the struggles that I had while still in the church. I began to feel that something was wrong with me and that everyone else seemed to have their life together in God with no problems. Others seemed victorious in their Christian walk and perfect. But I still had negative thoughts attacking my mind compared to the perfect people. My wife began singing in the church before I started playing the guitar there. I thought that since she had been raised in church and because her parents were pastors, that she had an edge over me with the church thing. Although that wasnt the case, I still had my problems to process. This went on for a while like a few years, but I still battled with my alcoholism and did seek help. I dont really remember how many rehabs I entered, but I know it was more than two probably three or four, but I really dont remember. My issues with rehabs were because I felt they were the same as alcoholism, bondage, but just a different type, one to meetings. They were telling me that I would have to attend Alcoholics Anonymous (AA) for the rest of my life. One of the last rehabs I attended asked this question: Do you know anyone that has made it without attending AA meetings or any other, drug-related meeting? He said it was possible, but very rare like only two out of every two thousand individuals. That scared me, but I stated that I would just have to be one of the two. So one evening while we were attending church service, a prayer line began and I went and asked for prayer for my alcoholism. The lady that prayed for me used to have a problem with alcohol and drinking. As she laid her hands on me and prayed for God to deliver me from the grip of alcoholism, my response to her was that I was scared and had been fighting this thing a long time. I also said that I didnt want to take another drink. She responded that everything would be all right and that God would take care of it, so not to worry because it was gone. That very same ni ght I went to buy a drink, and when I reached to pay for it, I got very sick at counter of liquor store. Afterwards, I went home and got in the bed, but was still feeling sick and very weak. I went to the bathroom and passed out. My wife convinced me to go to the hospital because I was literally bleeding from every opening, from my nose, mouth, and other places. That night at the emergency room, I remembered lying there, waiting for them to care for me and the doctors checking on me through the night asking me several questions. Finally, the next day, like five oclock in the morning they scheduled many tests. The doctor explained that he had to look inside, so he took a long tube with a camera, started down my throat and looked around and around but couldnt find anything wrong with me. I asked where the bleeding came from, but he said he didnt see anything. They asked me if I did drugs or drank to get high, and I responded yes. The doctor again said to me, I dont see anything that c ould be causing you to bleed internally. So when they discharged me, they gave me instructions not to get high or drink anymore. Why did they give me these instructions? I dont know to this day forward, but after receiving them, I never got high or took another drink. Now that one major problem that I had was eliminated, I could go forward in the things of God. Remember what I said I thought something was wrong with me. My thinking was that I had to be perfect. I soon learned that the people who were around me in that environment werent so perfect after all. I learned that God doesnt expect us to be perfect, but wants us to be willing to do right things. Afterwards, my mindset changed and I realized that I didnt have to be perfect, and I celebrated deliverance from alcoholism. I gladly played the guitar with my wife during church services, taught Sunday school, and participated in a number of other things. Theres much more to this story, but I cant share all the details, because it would take longer than I have to tell it. LIFE LESSONS LEARNED The social cognitive theory speaks about observation and modeling. Theres one part in my defining moment paper that shows an example that I would like to further clarify. Being around the people in the church put me in a different environment that I started to model. There were some things they were doing in the church that I liked, and respected. Its called observational learning when a person watches the action of another person and imitates it and learns from that observation making it a part of their behavior. There were also some cognition things going on. Like the part I wrote in my paper about how I felt that something was wrong with me. Even though it was not true, in my mind it was. I wrote that I began to feel that something was wrong with me and that everyone else seemed to have their life together in God with no problems. But having those thoughts and feelings affected my behavior toward others, which was another cognitive and behavioral factor. The main cognition was the moral thoughts. My thought processes were that I needed help. Staying at the church was good for the environmental setting of the church played a part to impact my thinking. Moral performance of the people in the church was influenced by possible rewards and incentives to act a certain way. Another cognitive process was that the people seem to have a peace of mind and that was one of my incentives. The conclusion is that people do have the ability to influence their own behavior and the environment in a purposeful, goal-directed fashion. The focus of the social cognitive theory is how we and our environment interact.

Saturday, October 12, 2019

Liberalism and Social Contract Essay -- essays research papers fc

Liberalism and Social Contract   Ã‚  Ã‚  Ã‚  Ã‚  Charles Larmore speaks of moral complexity as it exists in a pluralistic sense. The idea of pluralism says that each and every person has their own separate conception of the good as it appears to them. It is I virtually impossible to have to separate entities come up with the same exact concept of the â€Å"Good Life† and what it holds for them. As there are these conflicts ideals that exist in each of us it is possible for our conception of the good to come under attack from competing concepts that are held by others around us. Some one who is Muslim may have a conception of the good that wants to eradicate me and my notion of the good. There needs to exist some centralized thought controlled by the state to protect each individual concept of the good that exists under the people it resides over. If pluralism is true and evident in society then there needs to exist a liberal state to have a manner of political order to protect the differing conceptions of the good that exists within it to protect the personal ideals.   Ã‚  Ã‚  Ã‚  Ã‚  The main idea that Larmore is trying to set out between the political order and personal ideals is that the Kant’s idea of the right being prior to the good is essential to the protection or cooperation of these two principles. Although this is a theory from Kant it is not a metaphysical like Kant brings up, rather it is a political movement that is necessary for the protection of individual personal ideals. The right of political neutrality must take priority over any individual conception of the good. This justifies political authority as the right of neutrality is more important than the personal good because without any sort of neutrality of the state none of us would be able to keep our own ideals of what the good is and practice it in our lives. This principle of primacy of the right is a political ideal that does not need to extend into all of morality but is necessary in the manner of political order. This primacy is important in the manner that it literally allows for that personal good to exist. For a moment imagine if some one lived in Mooneyville and their conception of the good differs from everyone else around him. It is essential for this mooneyite to give primacy of the right in the political realm so he is able to hold his own conception o... ...king over their own conception of the good. Through this theory I think we have the best chance of holding our individual conception of good without having it attacked for any reason.   Ã‚  Ã‚  Ã‚  Ã‚  This theory of liberalism holds only as far as people in the given society make their own attempts to create and maintain it. The theory engulfing these thoughts are only as good as they are put into practice in society as a whole and by the citizens that live with this inherent pluralism. Most modern societies have made a shift to these liberal states save a few totalitarian states. I am happy to give a way some of my freedoms to shoot another man to allow myself the freedom of worrying about being shot walking down the street. Of course there are always outliers that exist but either they are systematically brought into contract or thrown out of the society by way of prison or in a philosohpy department some where in Ohio. Bibliography Davison & Wolf. The iI dea of a Political Liberalism. Binmore, Ken. Game Theory and the Social Contract, Volume I: Fair Play. Hampton, Jean. Hobbes and The Social Contract Tradition. Larmore, Charles. Patterns of Moral Complexity.

Friday, October 11, 2019

Motivation To International Business

Domestic market: VOSCO will still be the biggest shipping company especially in bulk and dry bulk cargo transportation while continuing to develop oil and container shipping International market: VOSCO tend to be more active and concentrate on seaborne trade within Asian Region (such as Korea, China, Indonesia†¦) as well as furthering other freight routes all over the world (Africa, Europe and America). Motivation why VOSCO want to expand their market to foreign market because Currently the demand of shipping in Vietnam is limited and just holds a minor part.So VOSCO certainly will need to enter foreign markets to get more profit and customers (sources of cargo-supply in long term) and utilize the fleet capacity (bulk, tanker and container ships) as well as reduce the inventory cost and promote economies of scale. In the near future demand for import-export from regional countries and the amount of cargo in international shipping expects to rise tremendously in the near future.A ccording to UNDESA 2012, worldwide commercial good transported by sea will increase by 36% in 2020 and double the gross tonnage by 2033, especially bulk cargo still remain as the major – which is also the strength of VOSCO fleet. The barriers to entrance foreign market are reduced or eliminated when Vietnam joined ASEAN and WTO recently: VN has been a member of WTO since 2007, commercial relations with over 220 countries and territories, sign 88 bilateral trade agreements, establish 7 FTA with 15 countries.So removes significantly trade barriers and is good condition for Vietnamese companies, specifically VOSCO to enter foreign markets. VOSCO has a lot of good competitive advantages to develop further like: low-cost and skilled crew (seafarers), good related and supporting system such as shipbuilding industry, ports†¦ (VOSCO is a member of VINALINE)†¦ Moreover the company can manage and exploit their own fleets therefore positively seek to customers and participate in international market without dependence on other partners.In addition, VOSCO officially takes part in foreign market also means the company have to deal with a lot of threat. The biggest one is the competition from much bigger rivals around us such as COSCO, Hanjin†¦ in both price and quality wars, then other threats emerging from the host country like culture, policy and currency. Now move to factors this company should consider in shaping their strategies to compete in foreign market.We did mention that China and Indonesia can be potential foreign market so let’s take a look at some external environmental analysis of them: Political Factor: both Indonesia and China are considered as stable political environment, unlikely the high political risk in Africa. Tariffs are high but on decreasing slope. The recent dispute on The East Sea between China and some countries including Vietnam may not affect too much on trade between countries. Economic Factor: both countries ar e in trillion dollar GDP club. Currently China’s economy is the second biggest economy in the world and Indonesia ranks 15th.Especially FDI plays a vital role in China and Indonesia growth rate. Trade between these two countries with other all over the world continues to rise significantly regardless of the bad impact of public debt in Europe economy. Socio-cultural Factor: Population in Indonesia and China is extremely high not only in Asia but in the world. However there’s a big difference between these culture, especially in religion(major religion in China is Buddhism but Indonesia is Muslim) Technological Factor: Transport system and Communication System in these countries are effective and highly developed compared with other in region.From this analysis we can see that the company should choose a proper method to access the market. We think the way of merger and acquisition or integration with a local freight forwarder would be efficient because setting up a new affiliate is risky (postponement). Nevertheless setting up subsidiary or using will help the firm take the initiative in linking with local customers. Beside that VOSCO should focus on its own strength in shaping other strategies.Generic competitive strategies: Focus on market niche will be a good choice because VOSCO now take advantage in dry and bulk cargo transportation. It also means mineral, grain and other agricultural product will be the major commodity. In shaping the production strategy, there are two main factors: fleet and logistics service. Like we said before, VOSCO should renew and upgrade regularly their quality and functionality fleet to meet the international transport demand. For example:Firstly, technical improvement in ship sizes and draft is required (international coal shipping require 30,000 – 70,000 DWT vessels; demand for regional rice shipping currently concentrate on under 10,000 DWT vessels but in the near future it will increase to 20,000  œ 30,000 DWT) Secondly, standardization factor (the problem of registry – Vietnamese registered vessel may satisfy the operation standard but in fact it is unfavorable in international transport because standards by VR may not strict enough). The factor of logistics activities in both home and host country is very important.Investing in logistics infrastructure such as warehouse, inland transportation†¦ in China or Indonesia should be a long-term objective. Initially it should be integration with local providers. Expanding business in foreign market certainly need to consider factors in human resources. Integration can be seen as the first step before M&A process. Initially local shipping agent and logistics provider will run totally by local employees (inpatriate) then gradually replaced by our expatriates especially the top position. Therefore selection, training and development those expatriates will play an important role (Ex: Culture: China – Indonesia).Secon dly VOSCO must set up a competitive compensation package to motivate them and finally a proper relocation policy. Move to financial issues, initially the company should not consider the financial objective as the most important. Instead, the outcome better focus on (which is reflected by customer satisfaction). Another factor is the source of fund for the subsidiary. Depend on the (high) IR and exchange rate in both China and Indonesia, it’ll be better if the fund depends on both parent company and local borrowing and they uses the most common method: dividend remittance to pay back the parent firm.Finally regular financial report to the VOSCO headquarter is necessary in order to hedge the risk and develop their own financial strategy. The last but not least is containerization. Expand the business focusing on dry and bulk cargo market doesn’t mean we skip the container market. Like I said, this is a long-term objective because the current inefficiency of VOSCO contain er vessels. Therefore, profit from bulk cargo shipping can be reinvested in developing container lines services in the future.