8 Crazy Things That Could Happen to the Workplace Within 30 Years

8 Crazy Things That Could Happen to the Workplace Within 30 Years Ever consider how the work environment of things to come will be unique? Here’s some something to think about: a couple of situations to consider as we plan our professions in an evolving world. 1. Driverless CarsThis isn’t such a great amount about the work environment, yet will surely change drives and furthermore in a general sense modify fields like mass travel and transportation, and possibly additionally change the substance of the car business forever.2. No More OfficesMore and more organizations may select to have laborers set up remotely, either at home or in shared collaborating spaces. This will set aside organizations bunches of cash on office space and enable them to employ ability from around the world.3. Huge BrotherGPS observing may empower businesses to follow your area, your wellbeing, and your efficiency. This positively won’t be famous, yet as long as the innovation exists, a few organizations will need to utilize it.4. Workers’ ChoiceM ore and more recent college grads entering the workforce are requesting that their managers satisfy their moral guidelines. Anticipate that laborers should switch organizations and employments more than they used to as they follow their interests and attempt to shape their optimal careers.5. Work ‘Til You DropWe’re all living longer, and organizations are disposing of expensive retirement programs. We’ll all most likely need to work a whole lot longer, especially as clinical advances keep us alive well past the future of our parents’ parents.6. Low maintenance PlusFreelancing might be the flood of things to come. It’s a lot less expensive for a business to employ a specialist, without giving advantages or medical coverage. What's more, numerous laborers favor the control and adaptability that way of life bears them. The consistent 9-5 might be a dinosaur when our children enter the activity market.7. Counterfeit IntelligenceArtificial insight will b egin to supplant the same number of employments as attainable, placing increasingly manual errands in computerized hands. This will wreck certain employments, however make others in innovation and service.8. No More BossesZappos did it with their questionable â€Å"holacracy.† More and more organizations are rebuilding from the run of the mill direct snort level-up-to-large manager model. We can anticipate increasingly sidelong, integrative orders to begin framing, which will change the essence of how we work and who we work for.9 ways the working environment will be diverse in 2050

Convertibility of Black Money Indian Case Essay Example

Convertibility of Black Money: Indian Case Essay 1. What is dark cash? Dark cash is basically the money utilized in ‘black economy’. Dark, shadow, underground, in secret, informal, underground, unrecorded, casual, unpredictable, second, sundown, equal †are for the most part the equivalents utilized for the ‘shadow economy’. The shadow economy fundamentally comprises of legitimate and criminal operations outside the span of the legislature. Smith (1985, p. 18) gives an exceptionally expansive meaning of the shadow economy as ‘market based creation of products and ventures, regardless of whether legitimate or unlawful, that get away from recognition in the official assessments of GDP’. Table 1 gives a superior perspective on what a sensible meaning of underground economy incorporates. Underground monetary exercises are for the most part unlawful activities that fit the qualities of old style wrongdoing exchanges like theft, burglary, medicate managing, and so on. Casual family economy comprises of family unit endeavors that (1) are little regarding people drew in, and (2) are not enlisted formally under different explicit types of national enactment. 2. Why would that be a shadow economy? The development of the underground economy is related with different elements, for example, ascend in assessments and standardized savings troubles, power of guidelines in the official economy, particularly the work markets including constrained decrease of week by week working time, early retirement, preclusion of not working at more than one office for government authorities and so forth. Aside from financial components certain non-monetary factors additionally lead to the extension of the underground economy, for example, reluctance to show the precise salary and so forth. We will compose a custom paper test on Convertibility of Black Money: Indian Case explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Convertibility of Black Money: Indian Case explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Convertibility of Black Money: Indian Case explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer As indicated by Schneider and Enste (2000) smaller scale sociological and mental methodologies give fascinating bits of knowledge with regards to the dynamic procedure of people deciding to work underground. For instance, the decrease of city goodness and steadfastness towards open establishments and decrease in charge resolve of the individuals. Weight of Tax and Social Security Contributions The most significant determinant of the expansion of the underground economy is the ascent in duty and standardized savings loads [ Tanzi (1982, 1999)]. Because of increment in charge rates individuals for the most part engage in those exercises where they can procure more and pay as less expenses as could reasonably be expected. Schneider and Enste (2000) express that greater the distinction between the complete expense of work in the official economy and after assessment income (from work), more prominent the motivating force to maintain a strategic distance from this distinction and work in the underground economy. Since this distinction relies comprehensively upon the government managed savings framework and the general taxation rate, along these lines, these are the key highlights of the presence and ascent of the underground economy. Loayza (1996) gauges the size of the casual division in fourteen Latin American nations and finds that taxation rate and work showcase limitations increment the underground economy action, while the quality and proficiency of government foundations diminishes the underground economy. Schneider and Neck (1993) stress the multifaceted nature of tax assessment framework. A mind boggling charge plan permits progressively lawful assessment shirking by giving different duty exclusions and decreases. Force of Regulations Administrative systems are commonly intended to deal with specific things. Expanding the quantity of guidelines for any market is anything but a decent arrangement to embrace; more guidelines mean more limitations which lead to expanded work costs in the official economy. Since a large portion of these expenses can be moved onto representatives, it diminishes individuals’ decisions to work in the official economy. Accordingly, they would work in the casual/informal division, which subsequently prompts more tax avoidance and increment in the underground economy. Force of guideline is frequently estimated by the quantity of laws and prerequisites, for example, licenses, and different other work laws, e. g. , work limitations for outsiders, value controls and exchange hindrances. Friedman (1999) indicated that more guidelines are corresponded with bigger underground economy. They evaluated that one point increment in a record of guideline (running from 1â€5) prompts 10 percent expansion in the underground economy. Social Transfers Social exchanges, for example, appropriations demoralize individuals to work particularly in the official economy in light of the fact that their general salary is higher on the off chance that they get these exchanges while working in the underground economy. In any case, this doesn't contribute fundamentally to the underground economy undoubtedly. Benefits which have a significant extent in social exchanges in India may contribute yet next to no to the underground economy. 3. Outcomes of the underground economy and tax avoidance Ascend in the underground economy diminishes the state incomes, which thus lessens the quality and amount of openly gave products and ventures [Schneider and Enste (2000)]. The loss of incomes is then either filled through increment in charge rates or by increment in cost of inelastic products, I. e. , expansion charge. To decrease the costs in the nation Government at that point diminishes the cash gracefully and expands the loan fee, which lessens the credit creation and the degree of speculation. Thusly, the general financial movement decreases. The job of financial arrangement is to improve development through increment in venture. Within the sight of high and expanding underground economy it is a hard to gauge how much cash flexibly is expected to show signs of improvement GDP development. 4. The Shadow Economy in India The nearness of the dark economy in India initially went to the bleeding edge with the arrival of the Wanchoo Committee Report (Government of India, Ministry of Finance, 1971), that alluded to the wonder as a â€Å"cancerous development in the country’s economy which if not checked in time, will most likely prompt its ruination†. The Venkatappiah Committee Report (Government of India, 1974), which concentrated on the self-evacuation of extract burdens likewise felt â€Å"free to admit that we are not set up for, and are, in this manner, horrendously astounded at, the range, decent variety and, in specific portions of creation, nearly the comprehensiveness of the avoidance which is polished by the individuals who produce the goods†. Other than charges, the degree of guideline wild in the economy empowering the multiplication of the concealed economy was featured route in 1979 (Government of India, Ministry of Finance, 1979) by the Dagli Committee Report. This report archives the snare of guideline that appears to have smothered mechanical permitting, import authorizing, controls on costs and dispersion channels of merchandise and enterprises, credit controls and different measures in India for certain decades now. 5. Convertibility of dark cash to white cash Experts gauge that Indias dark cash ranges from 5% to a beast 20% of total national output. The unaccounted cash additionally takes care of Indias wild debasement machine, including political races. An examination by the Mumbai-based Center for Monitoring Indian Economics (CMIE) found that each parliamentary survey produces between $10. 19 billion and $11. 33 billion of dark cash. Dark tax evasion in India is a continually advancing workmanship, with an ongoing advancement being putting concealed assets in compositions. Duty authorities striking manufacturers in metropolitan urban areas found that contracted bookkeepers were encouraging their customers to conceal their dark cash in craftsmanship assortments. Extravagance vehicles are another giveaway, other than buying land and gems India is one of the universes biggest buyers of gold. Be that as it may, the securities exchange could be the greatest and most effortless illegal tax avoidance road. Dark cash is turned white through huge benefits stashed subsequent to leaving behind a negligible 10% capital increases charge. Countless organizations and Indian people are utilizing Mauritius, a duty sanctuary with which India has twofold tax collection evasion settlement (DTAT), to channelize their dark cash into India as FDI. High total assets people, particularly NRIs, to limit their assessment charge, utilize the nation to put their cash in Indian financial exchanges. The questionable arrangement has empowered various Indian, the US and European organizations to open their â€Å" one room size offices† in that nation to channelize their ventures to India, while keeping away from tax collection, enjoy illegal tax avoidance and convert their ‘black cash into white. ’ Among the pioneers of Mauritius course in India was Enron, which utilized the passage to set up the disputable Dabhol Power Company in Maharashtra. In 2004 while guaranteeing that there were no a particular grievances against the Indian organizations utilizing Mauritius course, Finance Minister P. Chidambaram said India would not like to sign DTAT like settlements with different nations. About Rs 40,000 crore worth of FDI had come to India from Mauritius-based firms. Remarking upon the misgivings that some local organizations were abusing the bargain to â€Å"channelize their dark money†, Mr. Chidambaram stated, â€Å"certain organizations may have exploited the arrangement. Nonetheless, all exchanges included occurred inside the legitimate structure. † The Mauritius government had consented to find a way to forestall the abuse of the settlement through advances like impressive a condition that no organization with Indians’ intrigue would be enrolled in that nation. Further, conditions for the private evidence had been fixed. However, with the adjustment in capital increase rules and some s

Blog Archive Professor Profiles Sankaran Venkataraman, UVAs Darden School

Blog Archive Professor Profiles Sankaran Venkataraman, UVA’s Darden School Many MBA applicants feel that they are purchasing a brand when they choose a school, but the educational experience at the business school is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on  Sankaran Venkataraman  from the University of Virginia’s Darden School of Business Administration. Sankaran Venkataraman (“Strategy,” “Entrepreneurship” and “Ethics”)â€"known around the University of Virginia’s (UVAs) Darden School of Business Administration  campus as simply “Venkat”â€"is an internationally recognized expert on entrepreneurship. He is the MasterCard Professor of Business Administration at Darden and the research director for entrepreneurship at the schools Batten Institute. He edits the Journal of Business Venturing and consults to the U.S. Department of Commerce on promoting entrepreneurship globally. He is also a coauthor of The Innovation Journey (Oxford University Press, 2008) and coeditor of Entrepreneurship in Emerging Regions Around the World: Theory, Evidence and Implications (Edward Elgar Publishing, 2008). Venkat earned one of Darden’s awards for most outstanding faculty in 2008 and is generally considered one of the school’s most popular professors. In January 2010, Venkat earned the Academy of Management’s Decade Award for the paper published ten years earlier that has had the greatest impact on scholarship in the fields of management and organizations. A second-year student we interviewed described Venkat as “very analytical, very smart and teaching on the top edge of marketing analytics.” Added a recent alumnus, “He will help much more than you would expect a professor to help.” Another alumnus with whom we spoke recounted meeting Venkat at an Indian Affairs party only a few weeks into his first year: “He [Venkat] quickly realized that I did not know who he was and told me that he was a student in another section. I led him around, introducing him to other new students until I eventually realized that he was pulling my leg.” For more information about UVA Darden and 15 other top-ranked business schools, check out the  mbaMission Insider’s Guides. Share ThisTweet Professor Profiles University of Virginia (Darden) Blog Archive Professor Profiles Sankaran Venkataraman, UVA’s Darden School Many MBA applicants feel that they are purchasing a brand when they choose a school, but the educational experience at the business school is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on  Sankaran Venkataraman  from the University of Virginia’s Darden School of Business Administration. Sankaran Venkataraman (“Strategy,” “Entrepreneurship,” and “Ethics”)â€"known around the University of Virginia’s (UVAs) Darden School of Business Administration  campus as simply “Venkat”â€"is an internationally recognized expert on entrepreneurship. He is the MasterCard Professor of Business Administration at Darden and the research director for entrepreneurship at the schools Batten Institute. He edits the Journal of Business Venturing and consults to the U.S. Department of Commerce on promoting entrepreneurship globally. He is also a coauthor of The Innovation Journey (Oxford University Press, 2008) and coeditor of Entrepreneurship in Emerging Regions Around the World: Theory, Evidence and Implications (Edward Elgar Publishing, 2008). Venkat earned one of Darden’s awards for most outstanding faculty in 2008 and is generally considered one of the school’s most popular professors. In January 2010, Venkat earned the Academy of Management’s Decade Award for the paper published ten years earlier that has had the greatest impact on scholarship in the fields of management and organizations. A second-year student we interviewed described Venkat as “very analytical, very smart, and teaching on the top edge of marketing analytics.” Added a recent alumnus, “He will help much more than you would expect a professor to help.” Another alumnus with whom we spoke recounted meeting Venkat at an Indian Affairs party only a few weeks into his first year: “He [Venkat] quickly realized that I did not know who he was and told me that he was a student in another section. I led him around, introducing him to other new students until I eventually realized that he was pulling my leg.” For more information about Darden and 15 other top-ranked business schools, check out the  mbaMission Insider’s Guides. Share ThisTweet Professor Profiles University of Virginia (Darden)

The Crucible Compared to The Scarlet Letter - Free Essay Example

Sample details Pages: 1 Words: 382 Downloads: 4 Date added: 2019/05/08 Category Literature Essay Level High school Tags: The Scarlet Letter Essay Did you like this example? Nathaniel Hawthornes, The Scarlet Letter is comparable to Arthur Millers play The Crucible because they are in the Puritan New England era during the 17th and 18th century and follow the same laws and harsh punishments for that time. The Scarlet Letter is a story of Hester Prynne, a woman dealing with the Puritan punishment given to her, where The Crucible follows rumors about witchery cases as they spread throughout the small town. Hester Prynne, the main character of The Scarlet Letter, was found guilty for adultery and sentenced to wear a red scarlet letter A on her chest to let the townspeople aware of her sin. Don’t waste time! Our writers will create an original "The Crucible Compared to The Scarlet Letter" essay for you Create order Similar to The Crucibles main character, John Proctor, who admits to having an affair on his wife with housemaid Abigail Williams. Instead of him having to wear a scarlet letter A, he is hung for the public to see. When John was pulled into court over the accusations Abigail has made of his infidelity, he admits to his sin. He is emotional and he is hurt by the pain he caused to himself and to his wife. Whereas when Hester was accused she speaks nothing about her sin and mistake, she stays quiet and doesnt show emotion towards her punishments. The reason Abigail takes John to court for the purpose of revenge, to admit to his sin is so that Elizabeth, John Proctors wife, will leave him and Abigail will have a chance to be with John. But with a turn of events Elizabeth and John forgive each others sins. Hester Prynnes story isnt much different. Her infidelity was with the Reverend Dimmesdale, once her husband, Chillingworth, comes back into the picture he seeks revenge on Dimmesdale by guilting him and having his conscious put thoughts and ideas in his head. Another comparable theme that these two share is the time period in which they take place. Both of the stories/plays take place in Massachusetts around the 17th and 18th century Puritan era. During this time religion was at an all time high, religion was well known and respected throughout the setting. This means when whichcraft comes into play, its automatically the work of the devil, because it is not Godly. Which also means when infidelity happens it is frowned upon and a sin.

Basic Human Needs - 3725 Words

Physiological needs For the most part, physiological needs are obvious — they are the literal requirements for human survival. If these requirements are not met, the human body simply cannot continue to function. Air, water, and food are metabolic requirements for survival in all animals, including humans. Clothing and shelter provide necessary protection from the elements. The intensity of the human sexual instinct is shaped more by sexual competition than maintaining a birth rate adequate to survival of the species. Safety needs With their physical needs relatively satisfied, the individuals safety needs take precedence and dominate behavior. These needs have to do with peoples yearning for a predictable orderly world in which†¦show more content†¦The latter one ranks higher because it rests more on inner competence won through experience. Deprivation of these needs can lead to an inferiority complex, weakness and helplessness. Maslow also states that even though these are examples of how the quest for knowledge is separate from basic needs he warns that these â€Å"two hierarchies are interrelated rather than sharply separated† (Maslow 97). This means that this level of need, as well as the next and highest level, are not strict, separate levels but closely related to others, and this is possibly the reason that these two levels of need are left out of most textbooks. Self-actualization â€Å"What a man can be, he must be.†[8] This forms the basis of the perceived need for self-actualization. This level of need pertains to what a persons full potential is and realizing that potential. Maslow describes this desire as the desire to become more and more what one is, to become everything that one is capable of becoming.[9] This is a broad definition of the need for self-actualization, but when applied to individuals the need is specific. For example one individual may have the strong desire to become an ideal parent, in another it may be expressed athletically, and in another it may be expressed in painting, pictures, or inventions.[10] As mentioned before, in order to reach a clear understanding of this level of need one must first not only achieve the previous needs, physiological,Show MoreRelatedThe Basic Human Needs Approach1873 Words   |  8 Pagesof wealth and social welfare (Escobar 5); nevertheless, with the industrialization and increasing use of human workforce, economic growth started to play a role in social development. This economic growth was not merely accounted in terms of income but was also characterized as the level of the distribution of wealth among the people (Escobar 6). Furthermore, in the 1970, the â€Å"basic human needs approach† began to act out the principles of social development as a not only pertaining to the economicRead MoreHamlet And The Basic Human Need For Truth1478 Words   |  6 PagesHamlet and the Basic Human Need for Truth Marcus Aurelius is quoted as saying, â€Å"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.† This idea is examined in William Shakespeare’s Hamlet, a play full of warmly delivered lies and completely intentional deceit. Hamlet himself shows how a life full of lies and deceit breeds a desire for something real. In the beginning of the play, authenticity is introduced as a rare trait and the Ghost reveals treacheryRead MoreThe Absolutely True Story Of A Part Time Indian By Sherman Alexie1361 Words   |  6 Pagesobstacles time and time again for him. 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The government through the US Department of Housing and Urban Development has put in enormousRead MoreDrinking Water Is An Essential Basic Human Need Essay1367 Words   |  6 PagesWhat are life’s basic essentials? Food, Water, and Shelter; that it the basic essen tial needs that is taught to us all in primary school. In order for any humans to survive, this is what is needed to sustain life. So that means if one of these essential life needs is not available, the chances of survival are limited. Upon doing my research for this assignment, the statistics that came up about unclean drinking water was perplexing. For example, one in nine people worldwide do not have access toRead MoreGoal of Christian Counseling2248 Words   |  9 Pagestoward spiritual maturity. However, as the believer continues to grow to be more like Christ and to have the mind of God, he or she may become more aware of his or her own hidden and continued sinfulness, human frailties, root causes of surface problems,  emotional damage, and disorders as well as a need for greater and greater dependence upon God. This will be due to the fact that the Holy Spirit will shine its light on your life and will bring forth inner convictions. Counseling is not an end in itselfRead More Marcuses Account of the Features and Significance of True and False N2620 Words   |  11 Pagesmerely to point out the shortcomings of the present system. He further hopes to encourage change in the most basic features of society, and with the intent to effect change arises the question of what goals the proposed change is directed towards. Primary among his goals is the quot;development and satisfaction of human needs and facultiesquot; (xliii). 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Yet, an estimated 130 children under age 5 die every single day in Tanzania from malnutrition due to a lack of nutrient rich food. Malnutrition in its most basic form is the lack of nutrients needed for a body to be healthy and grow. The effects are both physical and mental causing stunted growth, fatigue, muscle weakness, weak bones and immune systems, problems with organ function, and in severe cases, deathRead MoreBasic Human Needs. No Poverty. The Goal To End Poverty1106 Words   |  5 PagesBasic Human Needs No Poverty The goal to end poverty has been quite a challenge for Kazakhstan. Between Kazakhstan and neighboring african states, poverty is a serious issue that has made little to no improvements. Even worse, the rate is expected to rise due to climate change and insecurity of agriculture (Post-2015 Development Agenda). Zero Hunger Hunger is a worldwide issue that appears even in some of the riches states. Kazakhstan struggles with this goal where 1 out of every 4 individuals in

Virginia Woolfs Jacobs Room - Jacob Flanders, Many...

Virginia Woolfs Jacobs Room - Jacob Flanders, Many Things to Many Readers Listless is the air in an empty room, just swelling the curtain; the flowers in the jar shift. One fibre in the wicker arm- chair creaks, though no one sits there. - Jacobs Room The year 1922 marks the beginning of High Modernism with the publications of T. S. Eliots The Wasteland, James Joyces Ulysses, and Virginia Woolfs Jacobs Room. Woolfs novel, only her third, is not generally afforded the iconic worship and critical praise so often attached to those works of her most famous male contemporaries. Jacobs Room is seldom suggested as one of Woolfs best fiction; the novel has not generated the same encomia as her recognized masterpieces Mrs.†¦show more content†¦These novels largely followed the precedent of Victorian and Edwardian realistic characterization and narrative consciousness. The story of Rachel Vinrace is conveyed through the traditional omniscient, omnipresent narrative consciousness which occasionally projects its own thoughts, beliefs, attitudes, and emotions onto the reality of Rachels world. In Jacobs Room, Woolf extends the omniscience of the narrator exponentially. Consciousness or narrative voice is no longer centered in a singul ar fictional being. Instead, the narrative consciousness is dispersed across the whole of the works universe; the collective voice of the novel includes the traditional impersonal presence as well as Jacobs view, Betty Flanders view, the view of the London crowds, and many others. When the novel was published on 27 October 1922 by the Hogarth Press and printed by R. R. Clark of Edinburgh, Woolf was terribly anxious about its critical reception because of her radical experimentation in the work (Letters 574) and its departure from the fictional conventions of works by writers like Bennet and Wells, as well as her own previous novels. She was strongly impressed by the Russian writers of the late nineteenth century, who had only recently been translated into English. As a writer always seeking newShow MoreRelatedA Room Of Ones Own And Terry Eagleton Analysis1098 Words   |  5 Pages There are many different theories you can look for when reading literature. You have five of Terry Eagleton’s theories which are reader’s response, feminism, psychological view, and historical, and formalism. There is Nietzsche’s theory where he believes everything is a metaphor, everything can be interpreted differently by the reader. Emerson’s theory is transidlism and existentialism. Transidlism is when someone will accept that there are miracles in the world. Existentialism is when someone doesn’tRead More Rebecca Wests The Return of the Soldier and Virginia Woolfs Jacobs Room2731 Words   |  11 PagesReturn of the Soldier and Virginia Woolfs Jacobs Room Rebecca West and Virginia Woolf give great significance to the families of their respective main characters in The Return of the Soldier and Jacob’s Room because it gives the reader a greater insight to the formation of and reasoning for both Chris and Jacob’s nature. Each of these characters have multiple families to deal with: Chris has Kitty and Jenny on the one hand, and Margaret on the other, while Jacob deals with his mother and

Globalization and international social work - MyAssignmenthelp.com

Question: Discuss about the Globalization and international social work. Answer: Introduction Globalisation is the process by which all the communities and the people come together to experience an increasingly common social, economic and cultural environment (Beck, 2015). The report includes the description which shows how globalization one of the contextual factors can improve the business idea of Ecological Aids Pty Ltd. Further, the paper includes the capitalizing on the potential benefits and challenges that are associated with globalization. Ecological Aids Pty Ltd will be providing green services to the customers who would save the environment. The company provides the guidelines to the customers for the effective use of the resource that helps in generating the sustainability. To improve the business idea of Ecological Aids Pty Ltd the company can make use of globalization as a contextual factor. Globalisation Globalisation refers to as the free movement of the goods, service, and people globally in a seamless and integrated manner (Management Study Guide, 2017). The spread of globalization is increasing and maximum numbers of companies are making use of this factor to expand their products and services in other markets (Crane Matten, 2016). The whole world is affected due to the changes that are taking place related to the resources and environment. The service provided by the Ecological Aids Pty Ltd is unique and essential because there are many countries that are facing the problems of the increased pollution level and wastage of resources at large scale. The resources available across the world are limited and threatened by pollution and consumption patterns of people globally. Each and every people are contributing to the environmental degradation (International Federation of Social Workers, 2012). The company can help in resolving the problems that can affect the present and future. It is essential for the company to globalize their service of generating awareness about the use of the energy and resources because this is the only way to generate the sustainable resources and energy. Potential opportunities In the initial stage, the company is trying to capture 20% of the industry but the company is going to increase its size to 40% because the industry is growing rapidly in the current scenario. Globalization is offering a platform to many companies in order to expand the business. Similarly, Ecological Aids Pty Ltd can make use of this platform to generate the awareness about their services. Expansion in different markets The company will be having an opportunity to expand the business in other countries like Asia and America because these countries are facing the problem of the increased level of pollution. In this condition, the company will be able to offer its services to a maximum number of customers. The company will be able to form the customer base in the countries of Asia and America (Analysis of environment, industry and SWOT analysis, 2017). Ecological Aids Pty Ltd will contribute to improve the environmental conditions and promote sustainability. The sustainability of resources and energy will bring the development of the country in the near future (WIRE, 2017). The expansion of business in countries of Asia will be beneficial for the company because some of the countries in Asia are dealing with the economic factors which include inflation and scarcity of jobs. Improvement in Skills of Employees The main asset of the company will be skilled employees of the company who will contribute in generating the awareness. The company will be able to get the skilled and knowledgeable employees in different countries where they will expand the business. The culture of the different countries will help the company in generating the diverse skills of the employees (Dancygier Walter, 2015). Skilled employees will work effectively and enhance the business idea of the company. Skilled employees are going to help the company in facing the competitor and in making a competitive advantage. Increase in market share Globalisation will open a way for the company to generate the awareness about the effective use of the resources and energy that is essential in the present scenario. The customer and business will get an opportunity to select the suitable sustainability services that are created to reduce the energy cost and environmental footprints (Porter Heppelmann, 2015). People will get to know that not only they will be able to generate the sustainability but they will be able to save money. Ecological Aids Pty Ltd will be able to make the place in the mind and heart of the customers after generating the awareness and this result in the increase in the market share of the company which helps in enhancing more customers. Currently, in Australia, the market share is acquired by the Green Movers Australia. Green Movers is a competitor of Ecological Aids Pty Ltd and going to give strong competition because the company is also having the operations in other countries which shows that the company i s making use of platform provided by globalization. Strong Political terms The company will get an opportunity to show the ways which they are using to bring the changes in the country and maintaining a sustainable environment. The company will form the good terms with the government as they have the similarly in their objective. Both work to maintain the sustainable environment in the country. The government forms the policies and regulations related to environmental protection and resources conservations. The company will be having the good connection with the government which will be essential to improve the business idea and structure of the company (Altru-Energy, 2010). Potential Challenges The platform of globalization not only provides the potential opportunity but also leads to some of the challenges. Similarly, Ecological Aids Pty Ltd will also face some of the challenges which are discussed below: - Legal factors The legal factors include the laws and regulations introduced by the government on particular industry or sector. The company will find the risk of changes in the policies and regulations by the government related to the environment. The changes in the legislation will affect the expansion of the business in other countries (Payne Askeland, 2016). Climate and environmental changes The climate change will be one of the factors that will create the impact on the resource conservation and will be a huddle for Ecological Aids Pty Ltd. The shifting in the weather patterns and the variations in climate might affect the resources of the country. Environmental hazards include storms, tsunami, and earthquakes which lead to the major damage to the water, air and land resources (Long, 2014). The company will try to offer resource conservation facilities which get affected due to the climate and environmental changes and create the impact on the strategies of the company. Getting support from the customers The company will find lack of support from the customers across the world. Different countries have different cultural values which they dont want to change or upgrade which might affect the working of the company in those countries. Sustainable energy or resource conservation is important for every country and each country make use of different ways to maintain that in their country (Reason, Lvlie Flu, 2015). The Ecological Aids Pty Ltd will find a problem in convincing the customer for making the use of the services that they are offering. Along with that, the company will find it challenging to form a customer base or loyal customers. Loyal customers will help Ecological Aids Pty Ltd in making the position in the market. Recommendations The company will be able to improve the business idea due to contextual factor. Though, the contextual factor (globalization) can lead to the opportunity and challenges for the company. It will be recommended to the company to make use of the effective marketing or promotional strategies. These promotional strategies will help the company in creating the strong customer base and leads to the loyal customers who are a concern for environmental sustainability. This will help the company to tackle the challenge. Climate and environmental changes will also affect the services of the company. Ecological Aids Pty Ltd should try to reduce the impact of these changes. Conclusion It can be concluded from the report that the Ecological Aids Pty Ltd will be having the potential opportunities that are associated with the globalization factor. This factor will help the Ecological Aids Pty Ltd in improving the business idea. Though, the company will also face some of the potential challenges that are associated with the contextual factor. These potential benefits and challenges will affect the strategies and structure of the company. At the end, the report includes the recommendation for the company. References Altru-Energy. (2010). PEST ANALYSIS Solar Energy Sector in Australia. Viewed on 9th January 2018, https://altru-energy.com/2010/02/17/pest-analysis-solar-energy-sector-in-australia/ Analysis of environment, industry and SWOT analysis. (2017). 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