ali-na

[ali-na]

The impact of globalization and the rise of cannibalistic capitalism

Globalization and internationalization both have an advantage. This two go together in the aspect of trading. Going to and fro from one country to another in matters of business and other travel is not so restricted like before. With the help of information technology, communication is easy and faster, and therefore transacting business and the delivery of products through courier is much easier. Globalization is benefecial to countries who suffer price elasticity due to high demand that results in low supply of a certain products. It is also benefecial to countries who have product surplus and even intentional surplus because of their power to supply globally. I say, the power to supply globally, because they created a market structure to make them powerful.

In the aspect of education where countries' having high rate of poverty incidence, and some citizens lacks access to learning in universities, and only the rich citizen can afford to finish degrees, this is a disadvantage to some universities. The reason for this is that there are some learning that people can access to the internet, for example, the availability books in the internet. Instructions can be acquired freely from youtube amd many other institutions that could provide through video streaming. Another example is the EDX university. Master's degree for example can be learned through internet. Skills training can also be learned in the internet.

Now, let's talk about employment, of course, companies will stop producing when there products is not anymore competitive in the market due to lower price of imported products. Employment is a factor to measure poverty incidence. And, this will follow the food insecurity of some citizens who lose their jobs. Cannibalistic capitalism even victimized some political leaders. Like for example, some countries are now losing hope for their rice industry due to lower cost of rice production of some importing countries compare to their own country.

As to my job, yes it affect some of us, due to the new law on the tarrification of rice, the government agency has to downsize the organization. This is the effect that some positions are not any more needed.

I have observed that the approach to teaching students from senior high school down to junior high achool and elementary, compared before, the type of approach of teahers today (with the help of low salary) is a lazy teaching approach. Teachers does not anymore exert effort to teach, they act like coaches in a certain sports until the semester ends. Students will rely on youtube discussions, google, and forums. The old approach of teaching students now transferred to google university and youtube university. Books are not anymore saleable in the bookstore. Book authors are not anymore a demand.

In our home town, I noticed that some students prefer to work in small businesses as computer operators, layout artists, mobile technicians, etc. because they are earning while learning. Atleast they found defense from the capitalistic cannibalism.

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Business Plan on Start up: “Choosing franchising versus developing an enterprise in a free competition market”

It is easy to starting up a business in perfect competition market structure. In this type of market structure, buyer and seller has no power to control the price of a product. The problem with the start up business in a perfect competition market structure is the survival. According to the smallbusiness.chronicle.com, it takes two to three years to make a business enterprise profitable. The start up failirw rate according to smallbiztrends.com, 70 percent of business enterprise reach on the third year, 62 percent reach the fourth year, and 52 percent reach the fifth year. Therefore the failure rate to the fourth year is 44 percent. A business enterprise entering in a perfect competition market structure requires to have marketing strategies to achieve competitive advantage. Competitive advantage determine the success and failure of a business enterprise. There only two types of strategies to have a competitive advantage according to Michael Porter. One is the differentiated product and the other is the low-cost of production. A business enterprise on start up, needs a healthy cash flow to be able to sustain the operations. The low cost strategy helps the operations cash flow finance the everyday operations. Unlike with the differentiated product that you are competing in a monopolistic competion and oligopoly market structure where in big companies have the control to dictate the price of product in the market. Another way of starting upa businesa ia through franchising. Franchising is good to a beginning enterpreneurs because the franchisor will provide training in operating its business. The cost of starting a business through franchising is lesser compare to start up business of the same enterprise. Choosing the right product to sell is important to lessen the probability of failure on start-up. https://youtu.be/HCLhH-OguEM

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Overpricing in a Free Market Competition: The elasticity of demand

The government intervention is important for the welfare of the consumer in diferrent market structures. Without intervention, organizations like the monopolistic cannibalism, havimg the power to dictate price without considering the welfare of the consumer is very dangerous. It may contribute increase of poverty in a certain country. The distribution of wealth is not equal among its citizens. Cannibalism is over-profiting over the distribution of goods and services. Over pricing is not a problem in a perfect market because most of the time in this type of structure, sellers compete in low cost that result lower price offering to customers. In a perfect market products are the same over varios retaillers and wholesellers. In this structure, the buyers have the power to prices. The problem of prices lies in the three market structures, although these type of market structures almost the same their differences are only slightier. There objective is profit. In a monopolistic competition there are few companies that compete differentiated products although the purpose of the product almost the same. In an oligopoly, there are also few organizarion that compete differentiated product like monopolistic competion and they are both the same in their objective to gain more profit. The monopoly in the otherhand is a market structure where a single organization produce no other product or services. In this market structure, it could dictate price in the market, it has the power over the buyer. This study focuses only to perfect competion market structure that can be found in our common public market. The study aims to find effect of overpricing of a certain seller on its product to the customers. What are the benefits and disadvantages of the customers over the overprice product in the perfect competition in the public market. Please visit: https://about.me/dennis.padura https://m.facebook.com/5gtek/?tsid=0.8305182553027692&source=result