B300 TMA06 Essay Example | Topics and Well Written Essays - 1750 words

B300 TMA06 - Essay Example Iran, Saudi Arabia, and the United Arab Emirates (UAE), which compose the bulk of the population of the Persian Gulf states, have a rapidly growing export base, as evidenced by a 12 percent increase in exports between 1990 and 1994. The region's international airports--Tehran International, Dubai, Jeddah, and Riyadh International--experienced more than a 50 percent increase in international air passengers between 1988 and 1994. The number of weekly international flights at Tehran International, Dubai International Airport, and Riyadh International increased by 6.3 percent from 1983 to 1993 (Withiam, 1994). In addition, the number of international markets served by Tehran, Dubai, and Riyadh has increased from twenty-two to 102 destinations in more than fifty-seven countries around the world (Journal of Commerce, 1994). Between 1983 and 1993, the region accounted for a 2.1 percent global market share in air passengers, and for 2.3 percent of the world's revenue passenger-kilometers in 1991, In 1992 the port of Sharja in the UAE handled 37,400 ton-equivalent units (TEU), a 146 percent increase over 1991, and about fifty-five thousand TEU in 1993. There is an increased inflow of international investment in this region. The region's major international strengths include oil and natural gas, major international airports, ports along the Persian Gulf, high disposable income per household, an educated labor force, a growing high technology industrial base, and world-class financial centers. In addition, the region is home to many international and regional organizations. In the aftermath of the Arab-Israeli peace accord, people feel more confident about the stability of the region.The region has many weaknesses. These weaknesses include a lack of positive image, a serious need for surface transportation improvements, a lack of efficient and speedy bureaucracies, a perceived high cost of doing business, inadequacies in the workforce, and the absence of a single entity to promote the region internationally. The Persian Gulf region has neither the competitive international reputation nor the economic-development focus of other compe ting regions. As such, it is not a priority location choice for American and Western European investors. The region possesses the basic assets and intellectual talents to compete with any region on the globe. However, it must operate, harmonize, and engage its combined resources to move forward in a deliberate effort to improve its international competitiveness ( Porter, 1986). The Middle East must have a regional business policy which will be crafted by a regional international business council. This business council will be made up of public and private sector representatives. The business council needs to make a long-term commitment to increase the Middle East region's international competitiveness and to develop an integrated strategy for marketing it more effectively. In order to reduce uncertainty and provide greater economic stability, the Gulf countries must unite and develop a business policy that will diversify their economies. For this business policy to work, they need to focus on foreign investment and technology, subsequently enhancing the countries' ability to attract, absorb, and become globally competitive. There are three pending urgent actions that the Gulf countries need to undertake. One, develop a spirit of public and private partnership. Two, improve the region's internat

The Legal Drinking Age Essay Example | Topics and Well Written Essays - 1000 words

The Legal Drinking Age - Essay Example The country does allow its citizen to do everything else like voting or marrying but they are forbidden to take alcohol until they turn 21. The legal age has always been a subject of discussion but it seems right to believe that if a person is old enough to take part in a war then is definitely old enough to drink as well. In the US, a person is considered adult when he turns 18 years of age. However, it is not legal to drink until a person turns 21. This does not make much sense. When a person can own a car, marry at will and make up his or her mind to adopt or abort children at the age of 18 then he or she should be given the right to drink at the same age where he or she can perform all these different activities as mentioned above (Hanson, 2013). Adults can make the right and wise choices for themselves. It is not right and fair that the government has placed a restriction on drinking up to the age of 21 when people are considered mentally and physically matures at 18 years of age. At 18 years of age young adults can vote and go to war in the United States of America. This means that the government believes that they have the ability to think in order to choose the right candidate or politician to run the country (Thio, 2011). If people have the ability to understand the vision of the politician and they are in the position to understand their body and to consume alcohol to their needs. Placing restrictions on young adults who can vote for the better future of the United States of America by voting but cannot consume alcohol only contradicts the judgment of the law-enforcing agencies in the country. If they are big enough to vote then they are big enough to drink alcohol (Thio, 2011). More confusing is the fact that in the United States of America an 18-year-old young adult could go to war in Iraq and Afghanistan but cannot drink a mug of beer.