PRODUCTION AND COST Term Paper Example | Topics and Well Written Essays - 1500 words

PRODUCTION AND COST - Term Paper Example ystems continue to drive costs of cross-border flows down, local and national economies continue to integrate, gradually or in shocks, into global economy. Clearly, present increasing integration into global economy in developing and developed nations alike is not a simple and direct result of communication and technological advances. This is, rather, a complex mosaic shaped by processes, institutions, and, more significantly, players. In present argument, a statement is made about globalization as a historical process which has immensely shaped international trade and global economy. Globalization is first discussed as an integrating process for national economies, leading to further integration of world’s economy as a whole. Then, a discussion of wider implications for globalization follows. Yet, since processes are not independent but are created, driven, or motivated via institutions and governing laws and rules, significance of international law, more specifically international economic law, is explored. Rules, laws, and regulations of World Trade Organization (WTO), as a unique international trade body, are given particular focus. [T]he process of greater interdependence among countries and their citizens. It consists of increased integration of product and resource markets across nations via, trade, immigration, and foreign investment – that is, via international flows of goods and services, of people, and of investment such as equipment, factories, stocks, and bonds. It also includes noneconomic elements such as culture and the environment. Simply put, globalization is political, technological, and cultural, as well as economic. (Carbaugh 2) As such, globalization accounts for increasing integration of national economies and, further still, for greater efficiencies in production as more and more jobs are outsourced globally (Carbaugh 6) and as more products are increasingly manufactured abroad (Carbaugh 14) for a host of reasons, not least lower

Disaster Recover Plan Assignment Example | Topics and Well Written Essays - 1000 words

Disaster Recover Plan - Assignment Example This is usually composed of representatives from all departments in the organization with specific expertise relating to the departments they represent. In case there is need to transport certain records or equipment to a different location, the transportation team will facilitate this process. For example, in case of a natural disaster such as a flood, key equipment and documents need to be moved to a secure location. This team may also help in the movement of staff and the team members when necessary, especially for large organizations. The logistical officer will be in charge of all the supplies used in the recovery process. In case of external support, the logistical officer should make arrangements to get the support and keep all records and agreements intact. This group of people will be responsible for ensuring that the safety of personnel and equipment is guaranteed. During a disaster, it is likely that the entire organization might be exposed to greater security and safety risks. The second step is to identify the key assets within the organization and the impact of each asset. This will help the disaster recovery team understand the value of each asset to the organization and the strategies to be used in protecting that asset. In addition, this step allows the organization understand the major threats against the business assets identified. Some of these threats include terrorism, hardware failure, cyber attacks and theft among others. The implementation of the recovery plan begins during the activation planning. This process is carried out by the recovery team or part of the team. This step helps in listing those systems that need to be restored, give the time estimates required for each system to be restored and give a clear communication plan between the recovery team members or groups. During this phase, all the staff members and recovery teams have been notified. The execution phase is