Monday, February 24, 2020

The Hindu Religious Thoughts and The British Rule Essay

The Hindu Religious Thoughts and The British Rule - Essay Example This essay describes how politics and religion each influence the functioning of each other. Politics denotes the art of governing the affairs of a nation or a people. Different governments have risen in differing fashions. Religion on the other hand, underscores a collection of beliefs that determine or dictates a people’s moral and spiritual undertakings. Politics intersects with religion in the sense that they both influence the lives of the people that are under their control. Most of the European colonial powers used religion to colonize parts of the world. In this essay, the researcher discusses Hindu religious thoughts in light of the British rule. From the discussion, the researcher can conclude that religion and theology follow the same principles and that they serve to influence the lives of the followers. The discussion has revealed that religion and politics influence each other and that religion can help conquer and subdue imperialistic governments. The role of th e Hindu religious thought in the liberation of the people of India from the shackles of the British colonialists serve as an example of how a dedicated people can rise against oppression. The persistence of the Hindu religious thought also goes to show how a philosophy has withstood the various challenges and remained to command a massive following to this day. This discussion reveals what unity and determination can do. It also goes to show how difficult it is to convince a loyal follower of a philosophy to abandon his ways for a new one.

Friday, February 7, 2020

NUCOR Corporation Case Analysis Study Example | Topics and Well Written Essays - 750 words

NUCOR Corporation Analysis - Case Study Example Nucor’s mission to take care of their customer has been realized through quality products manufactured within the broader parameter of sustainable business practices. Hence, ethically considered decision making and promoting environment conservation at all levels of operations have been its hallmark that has helped it to meet the challenges of time. Analysis of Nucor’s business practice therefore would not only give insight into its success but also help identify factors and issues which would help it maintain the competitive advantage within the industry. Nucor’s business strategy for competitive advantage The major factors of current competitive advantage have been its ability to exploit its internal competencies like strong team work and innovative approach of managerial leadership towards production and research. There is strong trust and mutual respect between the management and workforce that is based on uniform code of benefits spread across the hierarchy of management and employees. The shared goals and collective decisions encourage empowered decisions resulting in optimal performance. The entrepreneurial leadership of its managers has significantly influenced its operational efficiency. Byrnes (2003) believes that product flow can increase earnings while raising customer service levels. Hence, Nucor’s use of mini steel factory is its key element of competitive advantage because it not only reduces pollution but also significantly cuts the operating costs by using scrap material, giving nearly 25% return on equity. It also uses considerably less energy than traditional steel factories. Its use of recycles goods has greatly contributed towards environment conservation and highlight is sustainable business practices that have enabled it to produce goods at competitive costs. Its acquisition of David J Joseph Co., a metal scrap supplier, has been a highly beneficial. It not only provides it with raw material but has also come w ith 2000+ railcars which can significantly boost its transportation logistics. This could facilitate competitive advantage in the recessive environment. Its ability to be innovative is another key element of its competitive advantage. The ongoing experiment of liquid steel could be a major breakthrough for the industry and could become its major strength in staying ahead of its global competitors Area of threats and weakness The major threat comes from the import of low cost steel from emerging economies like China where the lack of regulations help the indigenous firms to export steel at low cost to developed countries. The company has also not made any initiative to expand across the globe and this could adversely impact its business prospects, especially as the globalization and technology has made businesses more competitive. Nucor is quite rigid in its principles and does not give discounts to bulk buyers. This could threatened its market scope in the contemporary environment o f cut throat business Recommendations Many scholars have affirmed that major imperatives of the corporate world have fundamentally relied on improvement initiatives of business processes (Laraia et al., 1999). Thus, Nucor must make efforts to exploit the global financial downtrend and take advantage of weak