Family Business in the Middle East

Introduction A business is an activity of engaging in trade for the purpose of making profits. The profits are to be realized through the sale of goods and services to customers. A business can also be defined as an enterprise that is involved in selling goods and services at a price with the core purpose of satisfying their customers, earn profits, and increase wealth for the owners. There are different categories of businesses.Advertising We will write a custom proposal sample on Family Business in the Middle East specifically for you for only $16.05 $11/page Learn More These include the sole proprietor, which is owned and managed by a single individual. In addition, there is the partnership business, which is an association of two or more people who come up to start a business together. In partnership, the partners raise capital and run the business together with the sole purpose of making profits. Finally, there is the company or corporation where mo re than ten people may wish to start a business and register the business to make profits. There is no maximum number of stakeholders in a company, and the company acts under the legal guidance with the constitution of the country where it is registered (Poza, 56). Family business A family business is a business enterprise that is owned and managed by at least two members of the same family. In family business, the entrepreneurs are usually related by blood or marriage. The interest of the business is to make profits (Halkias, 12). The business is run and controlled by the whole family, but may also be run by the person with the largest share holding in the enterprise. The profits for the business are usually shared according to the number of shares each controlling interest or person has in the company (Shams and Lane, 256). It can be noted that some of the most successful enterprises are family owned and controlled. For example, Walmart in the United States and Samsung in Korea (A lderson, 23). Family business in the Middle East Family businesses in the Middle East region are run and controlled at least two members of the same or related families. The family forms the management team for business and controls the operation of the business. Most of these family businesses were started a long time ago and have been passed from generation to generation, and control is under the family name (Barrett and Moores, 46). The success of most family-owned businesses can be attributed to the fact that family members are loyal and very dedicated to the business. In this case, each stakeholder is concerned with the welfare of the business (Gasparski, Ryan and Kwiatkowski 89). Notably, almost 80% of the businesses in the Middle East are family-owned.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More These businesses are thought to have been started as entrepreneurs in the mid 1960 s, and have continued to expand over the years to modern, large businesses that are taking the world by storm. For example, the Alghanim Industries Company is among the most prominent businesses in the Middle East. The company operates in more than 40 countries. The company is involved in diverse businesses within the manufacturing, engineering, retailing, and the insurance sectors (Stewart, Lumpkin and Katz, 65). Most family businesses are controlled by family members who have always had the upper hand in exercising control and management. A group of experts in management is appointed during family meetings to undertake the running of the business. Family business should understand the changing economic environment in order to adapt and continue making profits. This is aimed to ensure that the family business remains in operation and grow just like any other business (Iqbal, 123). Most family businesses do not survive the third generation despite being successful. This also applies to most firms in the Middle East. In this case, conflicts arise due to control of the business and may lead to collapse of the business (Gupta, 29). For the business to be successful and survive the third generation, the parties involved in the complex fight for control over the business should be met through discussion, and a balancing act reached by all parties (Carlock and Ward, 38). Each family is unique in its own way, and the identity of the family keeps changing as the generations change. In this respect, the younger generations wish to have control of the business without experience on how to run the business. The governance structure of the business keeps changing when business inheritance takes place where each leader comes up with a new strategy on how to run the business (Jamali and Sidani, 59). Conclusion For a business to reap the profits and be successful in its operation, the entrepreneur should draw up a good business plan that will see the business grow and expand to greater levels. Its operations should be efficient in order to make profits that will cater for its expenses and expansion. In the Middle East, most successful businesses are family-owned.Advertising We will write a custom proposal sample on Family Business in the Middle East specifically for you for only $16.05 $11/page Learn More This explains the booming of businesses in the area due to clear and strategic management in all areas of operation. The business owners are aware of some of the threats that these businesses are likely to face in the near future, and thus make plans on how to deal with them. Some of the challenges that family businesses face are discussed during family meetings where understanding and agreement are met by all the parties involved. Works Cited Alderson, Keanon. Understanding the Family Business. New York: Business Expert Press, 2011. Print. Barrett, Mary, and K. Moores. Women in Family Business Leadership Roles: Daughters on the Stage. Cheltenham, UK: Edward Elgar, 2009. Print. Carlock, Randel S. and J.L. Ward. When Family Businesses Are Best: The Parallel Planning Process for Family Harmony and Business Success. Basingstoke: Palgrave Macmillan, 2010. Print. Gasparski, Wojciech, L.V. Ryan and S.M. Kwiatkowski. Entrepreneurship: Values and Responsibility. New Brunswick: Transaction Publishers, 2010. Print. Gupta, Vipin. Culturally-sensitive Models of Family Business in Middle East: A Compendium Using the Globe Paradigm. Hyderabad, India: Icfai University Press, 2008. Print. Halkias, Daphne. Father-daughter Succession in Family Business: A Cross-Cultural Perspective. Farnham, Surrey: Gower, 2011. Print.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Iqbal, Zubair. Macroeconomic Issues and Policies in the Middle East and North Africa. Washington, D.C: Internat. Monetary Fund, 2001. Print. Jamali, Dima and Y. Sidani. Csr in the Middle East: Fresh Perspectives. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan, 2012. Print. Poza, Ernesto J. Family Business. Mason, Ohio: South-Western Cengage Learning, 2010. Print. Shams, Manfusa, and D.A. Lane. Coaching in the Family Owned Business: A Path to Growth. London: Karnac Books, 2011. Print. Stewart, Alex, G.T. Lumpkin and J. A. Katz. Entrepreneurship and Family Business. Bingley: Emerald, 2010. Print. This proposal on Family Business in the Middle East was written and submitted by user Brooke C. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

3 Reasons to Always Keep One Foot in the Job MarketÂÂ

3 Reasons to Always Keep One Foot in the Job Market   You have a job and you’re mostly happy with it. But even if you’re mostly thrilled with it, it’s always a good idea to stay sharp and keep your options open–if only to negotiate better pay, bonuses, etc. Here are three things you can and should do to ensure you’re always a hot commodity and get recognized for your talents. Keep your contacts closeNearly 75% of all job-seekers get hired through networking. All the more reason to expand your network, make new connections, and keep your existing contacts sweet–even when you have a job. If you ever do need to shop around, you’ll have your network already in gear. It’ll seem much more genuine to ask for help if you’ve kept in touch all along.Keep your resume road-readyThere’s nothing worse than needing a new job in a hurry and having and out-of-date resume. Keep your resume current, as well, by doing a bit of monthly scheduled maintenance to include new training, skills , and expertise,0 or even new responsibilities. When or if you ever meet a head hunter, you’ll be ready to present your best self on paper without having to scramble.Stay in the loopStay current and regular. Generate an online presence on social media and networking sites like LinkedIn and then maintain that presence. Make a schedule for articles and blog posts and website updates, even tweets. The more you keep up your brand, the easier it will be to sell it (translation: yourself) if you ever have to.If you follow this roadmap, you’ll never find yourself in a desperate situation. You can do your job with the confidence that you can easily find another one, given all the great groundwork that you’ve been laying.

Compare and contrast Abraham as a religious figure in Judaism, Essay

Compare and contrast Abraham as a religious figure in Judaism, Christianity, and Islam How is he so And how might this build each religion - Essay Example Abraham is considered to be the first of three Biblical Patriarchs, who lived after the Flood. According to the book of Genesis, he was the first of Jews, and the founder of the Jewish people. â€Å"For Jewish commentators through the ages, the biblical story of Hagar and Sarah forces a choice between two central principles: reverence for their Jewish ancestors, through whom God creates the nation of Israel, and concern for the powerless, which is enshrined in biblical and subsequent Jewish law† (Trible, P., 2006, 102). According to Judaism Abraham is associated with opening of the idea of ​​monotheism and its development. When he was three years old, he understood that God is the creator of everything and smashed the idols of his father Terah. The "Land of Moriah" is revealed in the history of the sacrifice of Isaac and identified with the Mount Moriah in Jerusalem, where Solomon built the Temple. Therefore, it is believed that the temple was built in the place where Abraham created an altar for burning the offerings. In the Christian tradition the image of the patriarch Abraham is the prototype of the highest piety and righteousness, in both the Old and the New Testament. According to St. John, Abraham was the guardian and teacher of faith and morals of his people among the surrounding Gentiles. St. Augustine wrote about Gods promise to Abraham, the multiplication of progeny and his blessing, which refers to all mankind. The Islam religion considers that the Kaaba was built by Ibrahim (Abraham) together with his son Ishmael in Mecca, on the place, where it stood during the days of Adam. Ibrahim died in Jerusalem at the age of 175 years. Over the cave of Machpelah, where he was buried, Muslims built a mosque and protected it, as one of the holiest shrines. According to the Koran the son of Ibrahim - Ishmael was the progenitor of the Arabic people. Muslims state that Abraham was in Mecca together with

Research Methadology Paper Example | Topics and Well Written Essays - 6000 words

Methadology - Research Paper Example The strategy will ensure a correct criterion has been followed, and a point of need has been established (Hakim, 2012, pg47). A good research does not only entail coming up with brilliant ideas which should be implemented but also strive to becoming part of a larger research community, since this is what forms a critical aspect of becoming a good and reliable researcher. Strategically, before researching various sources of evidence, aspects like noting down interesting problems, random ideas, possible solutions, writing notes on the already read papers and references to look up, interesting quotes and outlines of papers to write makes a good strategy that a researcher should use before coming up with finally researched paper (Ellis, 2013.p.87). The above strategy is what this paper impresses in arguing about the approach that other people used in doing research on health matters. Critically, several authors have researched this health topic on. All of them presented their evidence in a unique and more personal manner. The article â€Å"the happy meal effect: the impact of toy premiums on healthy eating among children in Ontario, Canada†, marks the first article that touches on the health of children, on the obesity line (Spector, 1998, pg87). As much as the article bears a detailed report, the truth of the matter is that the article relied fully on the evidence read from the children who were assembled practically, and several studies done on them based on food. However, the article gave out a detailed experiment, which showed children who were fed by certain type of food. This limits the true evidence of getting to the bottom root of obesity (Ross, 2012, pg74). Children were supposed to be studying from their material homes and to school environment so that they can be traced naturally and not supposedly as the authors of the above article did. Accor ding to the above article, data

Water Scarcity in Singapore: An Overview

Water Scarcity in Singapore: An Overview Abstract Singapore is a no more farmland country so that mean cant save more water. First I will write about Singapore fresh water information, second I will write about the government solution for the water scarcity issue, after that I will discuss the which solution is good for reduce fresh water scarcity and write some of my opinion for solve this issue. In the last I will conclusion the answer and give some suggest. When you want to know the detail information, in the last page I will give some source web site. Introduction Singapore is a famous poor water country and it most water come from another country provid. This report I will talk about Singapore how to reduce fresh water scarcity. Well we know the fresh water is very important to biome because the body have high per cent work from the water and it can help you eating, poop and transport energy. From the research the body have seventy per cent make for the water and when miss fifteen per cent it will meet died danger, so for the research the water is very important for our life. In global have fresh water scarcity problem, some scientist research some solution to reduce this trouble for example in seawater join some special energy can make it become fresh water. We know technology improve our life, most country have water recycle system. I think in the future each house have own small water recycle system. Methodology Before the researchà ¯Ã‚ ¼Ã…’I find the Singapore water come from the nearly country and rain. Although precipition is high than another country but it no more land so it is poor water country. From the internet I find the Singapore how to collect the rain and the water used for. I think the chemistry system is very important for reduce fresh water scarcity because in Singapore is very careful for water. In my opinion this information is very important because it provide me more detail and it is good background befor the article. Findings Singapore is an island and urban city state and not hence so it have high per cent water on Malaysia supply. For the terrain reason, the Singapore cant save more water although it rain high than another country. In early because technology grow up quick and government not very care about industry, so most industry have most pollution and local person use groundwater so in after this country meet drink problem. In beginning the government to put forward buy the water for Malaysia and recycle pollution water. Then it carry out most plan desalt seawater to drink water, develop Newater plan, this plan objective is bring waste water that better than public water. I think they best plan is build impoundments and reservoirs, it can college most rain water and reduce water loss so in Singapore have most this building and most fresh water is come from here. The government dont want fresh water go to sea so they build barrage separate the sea and reservoir, when reservoir cant save more rain w ater it can help it ejectment the more water and it can save the low lying area. In my opinion the government can calculated each family use how much water, when it used more can suggest when they not hear can require pay more money and they also can reward use water less family, it can make everybody save the water and government donate little money to reward save water very well company. Discussion From the finding, we can see the Singapore have big water problem and they also take more measure to reduce fresh water scarcit. So I think my hypothesis is true, my hypothesi is in the future, each house have small water recycle sickle. from the technology grow up quick and the global fresh water scarcity issue to become more serious, we must have save water mentality and now most family have water purifier, it erasure people want to drink health and clean fresh water. In the future, the water recycle sickle have good change, it become not expensive and big, the government will subsidy it. All in all the Singapore do most action is want to solve fresh water scarcity issue. I think solve this issue is not only government work because we cant leave the water, and the water useful for our, so we must have save water mentalit. Well actually the government most action is want to reminds people have save water mind. We know in global have most country have fresh water scarcity issue and t he population become more and more, human most careful about fresh water issue, so I think most country should study Singapore method. Conclusion All in all the government proposed is want to reduce fresh water scarcity and they also want to reminds people to save water. Reference https://www.ukessays.com/essays/environmental-sciences/the-issues-of-fresh-water-in-singapore-environmental-sciences-essay.php

Essay --

Cancer is a chief health-related stress that requires sufficient coping. The global problem of cancer continues to increase greatly due to aging and growth of the world population and an increase of cancer-causing behaviours, such as smoking, especially in developing countries (Jemal, Bray, Center, Ferlay, Ward & Forman, 2011). More than 40% of people will be diagnosed with cancer in their lifetime with two-thirds of them living for a minimum of five years. Cancer treatment which includes surgery, chemotherapy or radiotherapy, is often strenuous and can last for months or years. Cancer patients and survivors normally experience decreased quality of life, decreased capacity to perform daily activities, and mental health problems, such as depression and anxiety (Meijer, Roseman, Milette, Coyne, Stefanek, Ziegelstein, and ... Thombs, 2011). Cancer is a disease whereby abnormal cells divide without control and attack other tissues. Families of cancer patients face some degree of depressi on, anxiety, and fear when cancer becomes a part of their lives. They feel helpless and eager to find ...

Diversity: Individual Rights and Social Care Settings Essay

Diversity recognises, respect and people’s differences to have a say and to realise the full potential by promoting different cultures to all members of staff and students within a school. Within schools diversity is promoted from an early age because of mixed classes of boys and girls and children from different cultures. Children will learn from being in school that every body’s different but we treat them equally. An example of this is another religion could be in the criteria so the children learn about another religion other than theirs. While they learn about another religion they begin to respect it. Diversity is very important when relating to the health and social care settings depending on the care setting because people are taking care of other peoples needs and this shows the cares will show respect towards others difference which they might encounter in every day working life. Equality Equality is ensuring individuals or groups of individuals are treated fairly and equally. An example of this could be within a work place where an employer doesn’t employ a certain person because they are a different race, nationality, age or sex. Within a hospital the members of staff have different ranking orders depending on their job title, even though a surgeon has a higher ranking to a nurse it doesn’t mean they can treat them differently because their job titles. For example a surgeon might look down on the nurse because he/she is lower in the ranking table than them but everyone is equal and should be treated equally. In everyday life within a health and social care setting it is important for all members of staff working within them to ensure they treat everyone is treated fairly even if they are not the same as the other person next to them because everyone is different but should be treated with equal rights. Individual rights An individual right is a legal term referring to what one person’s principles do and what can be done to/for an individual. Within a residential care home there might be some people who cannot look after themselves and some that may not be able to talk. Just because they cannot communicate they still have their individual right to their basic needs and what they want to do. Even if the client has a medical problem they are still entitled to their ndividual rights unless they are not mentally capable to look after themselves. Individual rights are equally important to the health and social care settings when refereeing to the individual’s needs because the carers need to take into account the patients and clients individual needs and if they cannot do it for themselves the carers will and will also have to take into account the individual rights of that person when working with them on a daily basis in some cases.