Assess the impact of international business on social and economic Research Paper

Assess the impact of international business on social and economic conditions in bangladesh - Research Paper Example Workers were forced to go to the streets to fight for their rights which they thought were being infringed. The government formed wage board with the help of international labor organization stepped in to assist in the crisis. December last year the wage board approved a 77% increment in wage in the garment industry though most factory owners opposed it they had to oblige. As much as their right was granted, another problem arose. According to (Lazear, 15) the increase in minimum pay pushed the production cost since labor is the most valuable asset in production. On a business perspective, this was tragedy especially international trade. Price and quality of a product are correlated in international market and therefore, sound decision should be made before implementation. The increased minimum wage paved way for China, India, Turkey and Indonesia to surpass Bangladesh in the exportation of garment. According to (AP Worldstream, 7) This was attributed to the increase in the price of her garment which was expensive as compared to her competitors. This will impact on Bangladesh since she will experience unfavorable balance of payment i.e. high value of import as compared to export. Bangladesh being a developing country faces the problem of inequality in wealth distribution. In Bangladesh, the social class differs on extreme scenario such that we have those who are extreme poor and those who are â€Å"stinking† rich. People living around urban areas like Dhaka enjoy a quality life as those who live in the rural area. However, this doesn’t mean that all Dhaka inhabitants enjoy lucrative lifestyle, also in Dhaka there are shanties (Vietnamese News Agency, 4). In these shanties, the sanitation is compromised though they enjoy some benefits like availability of electricity and water. Inequality in wealth distribution has an impact to business development of a nation. With this widening gap between the rich and the poor in

Answer the questions Case Study Example | Topics and Well Written Essays - 500 words

Answer the questions - Case Study Example The temporal cortex is also much larger than predicted for an ape of our size, which might affect our language ability as this part of the brain contains Broca’s area, implicated in language use. d) From viewing chimps in the wild (The New Chimpanzees), can they be said to have a language? Include Uhlenbroek’s description of pant hoots, the chimp patrol of their territory, their displays in dominance of behaviour, and grooming and begging behaviour. These elements do seem to represent a kind of communication between chimps, so yes, it could be seen as a language by some, although not perhaps as advanced as human language. The differences in behaviours between different groups have been described as ‘cultural differences’. Koko had extensive exposure to sign language and did seem to pick up some elements of language, although the grammar was not perfect. Many of the utterances could just be imitation or nonsense. Michael learned much less than Koko because he was only alive for a short while, but perhaps the transmission of the signs could be seen as language transmission. Ndume does not currently use sign language. Although the video describes Koko has having a lot of knowledge and the gorilla does seem to know a lot of signs, it is not completely clear whether this is imitation or language and therefore is extremely difficult to describe. It does not seem to be a very strong case, although Koko does show extensive evidence of learning. Merely learning a lot of different signs or letters does not create language, although it is interesting that some of these signs were transmitted to another gorilla. However, it is also possible that sign language may not be the right medium for language and gorillas may have their own complex language structure in a form that humans cannot understand. Some people think that language is necessary for a culture, but there are many different aspects of culture (such as