Course Project Proposal Essay Example | Topics and Well Written Essays - 750 words

Course Project Proposal - Essay Example Thailand’s private sector is therefore strong. The well-developed physical infrastructure also distinguishes it from many other Asian economies. In terms of natural resources, Thailand has â€Å"large stretches of fertile land and favorable growing conditions†¦ [that gives] Thailand a strong agrarian foundation on which it has built a complex, multifaceted economy, which is now well established in the industrial and high technology sectors† (Encyclopedia of Modern Asia, 2006). Its economy was one of East Asia’s best economic performers during 2002-2004 (as it was also in the 1960s and 1970s (countrystudies.us)) when it experienced a rapid increase in GDP to over 8%. The GDP then stabilized to between 5-6% for a few years thereafter, and then declined into the red in 2009 due to the worldwide recession. Inflation was very high last year (9.2% in July, 2008) but Thailand is currently experiencing a deflation of its economy. The rate of unemployment is low. It stood at 1.2% in September 2009. Thailand’s economy is heavily export dependent, â€Å"with exports accounting for more than two thirds of GDP† (tradingeconomics.com). This was over 70% in 2008 (state.gov). Thailand’s exports were $175.3 billion and imports were $175.1 billion in 2008. Thailand’s main export commodities are agricultural products, textiles and footwear. It is â€Å"the world’s second largest exporter of gypsum, leading supplier of rice and a major exporter of shrimp† (tradingeconomics.com). it also has strong automobile, high-technology, and electrical appliance industries that are now exporting to other countries and therefore also contributing to Thailand’s overall economic growth. Its main import commodities are capital goods. In 2009, Thailand has been consistently enjoying a positive balance of trade whereas it was fluctuating in 2008. Within Thailand itself, privatization and liberalization are helping to

ETHICS, CONSUMERISM AND SOCIAL RESPONSIBILITY Essay

ETHICS, CONSUMERISM AND SOCIAL RESPONSIBILITY - Essay Example This can be achieved through regular regulation of the business approach to go well with the present market. This paper looks at how organizations can make use of management tools to manage their operations in a more efficient way taking the example of Franke Sessions. It also proposes a communication plan for Franke Sessions that can help the organization to develop awareness in all its stake holders. An environmental management system is a typical method for the incorporation of sustainable ecological management all through the business structure. EMS consists of the organization composition, development activities, properties and measures for implementation the environmental strategy as an essential part of the executive procedure. It is a functional instrument to put into practice in order to act in accordance with the legislation, deal with stakeholder demands, progress business representation and elevate alertness of environmental concerns. EMS is a good method for identifying problems and solving them, it is founded on the notion of repeated development. It can be put into practice in a business in numerous diverse ways, depending on the segment of action and the requirements alleged by management. As a matter of fact, principles for EMS have been built up by the ISO and by the European Commission Eco-Management and Audit Scheme (EMAS) (Darnall, et al 2008). The requisites of the vibrant business environment have made many companies’ value chains unsteady, this means that businesses have more and more been required to formulate decisions regarding the management of the value chain into a further peripheral system of management. The vibrant commerce environment gives the impression of affecting both interior and exterior business procedures. Its latest transformation from in-house business procedures to peripheral business procedures has been extremely rapid because of the use of diverse IT-application. These