The Opportunities That Businesses Can Create Business Essay - Free Essay Example

Sample details Pages: 8 Words: 2481 Downloads: 5 Date added: 2017/06/26 Category Business Essay Type Argumentative essay Did you like this example? Companies are always looking for opportunities that allow their business to create a sustainable competitive advantage so that the business is sustained. To do this they have to evaluate what their customers view in their value chain activities as distinguishing factors compared to their competitors. PepsiCos traditional core business was in beverages where it faced strong competition from Coca Cola. To create value in its business PepsiCo had to: Differentiate the business from competitors: finding ways to differentiate the companys product offerings and gain market penetration. And/or differentiate itself through product development. Don’t waste time! Our writers will create an original "The Opportunities That Businesses Can Create Business Essay" essay for you Create order Review its business cost structure Evaluate the industry growth rate Evaluate its firms position in the market The evaluation of PepsiCo strategy led to PepsiCo organizing itself into three divisions: soft drinks, snack foods and restaurants. The value created by the acquisition of KFC was: 1. Synergies were created within the value chain According to the case study, the marketing of fast food followed the same patterns as the marketing of cold drinks and snack foods. This allowed for the marketing of soft drinks and fast food products in the same television and radio segments thereby providing higher returns for each advertising dollar (This improves business cost structure and ensures that its internal processes are efficiently configured to support its value creation efforts). As a result a competitive advantage was created through taking advantage economies of scope. 2. Improved Efficiency KFC restaurant chains also provided an additional outlet for the sale of Pepsi drinks. This provided an efficient distribution network which can highly reduce cost. 3. Scale of Economies Through PepsiCo management, KFC was able to gain access to large capital resources which enhanced its strategy of expansion which is key to the success of KFC. 4. Learning Opportunities By being under the PepsiCo umbrella, KFC was able to learn form PepsiCo performance driven culture. The two organisations benefited from the shared learning in differences in Organisational and managerial processes and systems. 5. Reduction of risks by reducing uncertainty about material inputs or access to customers The use of KFC brand allowed PepsiCo against committing huge resources in markets that the company does not understand well and have no experience in, thus not gaining the required customers. KFC had a well established international presence; utilizing this experience, PepsiCo will easily gain access to distribute their product and gain market share. Another advantage is due to the huge cost and risk of entering a foreign market e.g. the restaurant market. The acquisition allowed PepsiCo to basically leverage costs and risks. QUESTION 1.B Strategic Issues Facing KFC To determine the strategic issues faced by KFC, we will begin this section by using Porters Diamond as a tool to evaluate KFC comparative advantage: Factor conditions According to the case study, due to the maturity of the US Market many restaurants including KFC expanded international as a strategy for growing sales. KFC was one of the first companies to enter the international market as a result it was able to learn and grow faster. Due to cultural and eating habits KFC only had success in penetrating the Asia and Latin American markets because of chicken being a traditional dish there. Related and supporting structures The US market has a national cluster of restaurants. This overcapacity in the US market made it difficult for KFC to justify construction of new free standing restaurants in the US due to the sites increased cost which as a result drove profit margins down. In Latin America however, geographic proximity to the US made communication and travel easier and quicker. Latin America also seemed attractive after the implementation of the NAFTA. In other international markets long distances between the head quarters made it more difficult to control the quality of individual restaurants. Firm strategy, structure and rivalry Latin America proved to have high levels of rivalry competitors due to the fact that KFC entered the market later. In Latin America, KFC had difficulty deciding on the appropriate strategy (franchising or company-owned restaurants) due to the political and economic policies brought about by frequent changes in the government ad economic stability which increase uncertainty. In other international markets KFC decided on franchising as a strategy as it allowed locals that better know the culture, language and differences to manage the restaurants. Demand conditions According to the case study, worldwide demand for fast foods was expected to grow rapidly during the next two decades, because rising per capita world wide made eating out more affordable for greater numbers of consumers. The internet also increased the ability for company to more quickly develop brands and a world wide consumer base. There was also a large population in Latin America and especially Mexico. Above I have explained both the competitive advantage gained by KFC and the issues that it is facing by operating international. The above discussion has also revealed some of the driving factors to globalization which are; cultural homogenization (growth in eating out trend), technological developments (internet and improved communication channels), deregulation and lowering of trade barriers (The implementation of the NAFTA) etc. KFC Approach to expansion in foreign market We will now look at the approach that KFC has adopted in its international market out of the four approaches to being international; Multinational, Global, International and transitional. KFC appears to be adopting the international Strategy. This is because it has adopted to convert most of its international business into franchises. However its core abilities like marketing remain centralized. QUESTION 2 This section of the report will seek to dispute the statement that Management tools and models have taken the place of strategy and seek to show that they are merely used as guide to the formulation of strategy. Knott (2008) defines strategy tools or management tools encompass the full range of concepts, ideas, and techniques and approaches that structure or influence strategy activity. Gunn and Williams (2007) agrees and emphasizes that specifically strategy tools are those concepts and techniques used by managers in the decision making process. Now that we have defines what management tools are it is equally important that we define strategy. There is no one definition of strategy. It is however viewed as a means to making decision and actions that helps to navigate the organization into achieving a competitive advantage. This leads us to the view of strategy as a process. Pearce and Robinson (2000, pg17), says that the strategic process centers on the belief that a firms mission can be best achieved through a systematic and comprehensive assessment of both its internal and its external environment. The management tools are a guide to achieving this comprehensive assessment. Gunn and Willi ams (2007) agrees to this by saying that strategy or management tools were developed to help managers handle the complexity of their environments. There are currently many different management tools and models available organisations to support decisions by strategic managers. Below I will discuss four strategic management process tools: Balanced Score Card, SWOT Analysis, Financial Ratio Analysis and Value Chain Analysis and show how they contribute to strategic management and strategic thinking in a company. The Balanced Score Card The Balanced Scorecard was developed by Kaplan and Norton to move the business away from the reactive view of traditional financial measures. The Scorecard breaks down the organisations vision and mission into strategic objectives that can be categorized into four different perspectives; financial, customer, internal business processes and learning and growth. The scorecards approach is aimed at promoting and maintaining a completely holistic viewpoint, where one affects the other and each should only be considered in view of the other perspectives A SWOT Analysis is generally used in making decisions about what direction a company should take. The major focus of SWOT analysis is to Identify opportunities and identify threats, and also to identify organizations strengths and weaknesses. It has also been explained that it achieves correct interaction of business management with its internal and external environment (Mayer, 2008, p36) whilst emphasizing the monitoring and evaluation of strengths, weaknesses, opportunities and threats in both these environments. Financial Ratio Analysis Financial ratio Analysis is done to analyze the success or failure and progress of business. The manager can use financial ratios to spot trends, and to compare the performance of a business with other similar businesses. The financial ratios are not concerned with soft issues such as the culture of business that might have contributing factors to the success of failure in the business. The financial ratio analysis is only concerned with the finances of the company. Value Chain Analysis This tool was first discovered by Michael Porter. A value chain analysis is an analysis of a companys chain of activities. As the product passes through the activities value is generated along the chain. The Analysis is concerned with which activities generate more value and how can the value be improved. By discussion a few management tools above, we have managed to reveal that management tools on their own can not be used to develop strategy decisions. This means that they are used as guides through the strategy process to help managers to structure the process of strategy formulation. This is verified by Jarzabkowski and Kaplan (2008) purported that strategy tool use is a means of sense making about uncertainties by helping to structure and interpret information; it serves to justify or legitimatize particular positions; and it instigates and facilitates interaction among various actors. Hussey (1997) adds to this by saying Therefore there is a need to fully analyze a given situation before strategic decisions are made, pursue and implement strategic decision, implement adequate planning processes and finally when using new business concepts develop an understanding of them before apply them to a practical situation. Another point of importance is that it is important to choose the relevant management tool for the task. Hussey (1998) says Consequently, strategists should be familiar with the various concepts available to them, but not biased toward any of them. They should narrow their focus to a specific sub-model only after they determined which one is most appropriate to their situation. In conclusion management tools can not give the holistically analysis that the strategy process entails and as a result could not be used to make decisions about the long term objectives of the organization but can merely serve as a guidance to the holistic evaluation and analysis at each stage of the strategy process. QUESTION 3 Here at head office, we dont go very deep into much of anything, but we have a smell of everything. Our job is capital allocation-intellectual and financial. Smell, feel, touch, listen, then allocate (Jack Welch former CEO of General Electric) The above statement by Jack Welch is addressing the role of corporate strategy. Corporate strategy is concerned with what type of business the organization is in. It is about addressing strategic issues such as what the line of business should be and how resources are to be allocated between different business units in other to gain competitive advantage and achieve its long term objectives. This is the process that Jack Welch terms as the Smell, feel, touch, listen then allocate. Below I discuss what I consider to be the main priorities for the corporate management of a diversified company like General Electric by using Ghoshals Organisational framework. Ghoshals classifies the goals of a multinational company into three categories namely; Achieving efficiency in current operations, managing of risks that it assumes in carrying out those operations and lastly innovation, learning and adaptation. According to Segal-Horn (2004, pg 379), competitive advantage is developed by taking strategic actions that optimize the firms achievement of these different and, at times conflicting goals. The three goals can be achieved via three tools; economies of scale, economies of scope and the ability to utilize national differences as sources of comparative advantage. Achieving Efficiency Efficiency can be defined as the ratio of the value of its outputs to the cost of all its inputs (Segal-Horn, 2003, pg 380). By optimizing this ratio the organization can obtain surplus resources. For a company like General Electric, it is very important that it devise a strategy of managing the interaction of actions of one business unit to another as this can affect performance. For example, GE corporate can analyze the value chain and could decide to have centralized production so as to exploit the advantages of integration or it can choose to have production in subsidiaries based local markets. The decision will be taken based on which will be able to create value. The next priority for a diversified global company is to manage the risk of its chosen process of operation. Managing Risks A diversified global company like General Electric faces many risks. Segal-Horn (2004, pg 382) categorizes these risks into four: Micro Risks These include wars, interest rates, exchange rates, different wage rate etc. GE will have to access these rates and determine what effects they are to have in their operations and manage them. Policy Risks These are commonly known as political risks arising from different policy actions of national governments. General Electric need s to analyze and access all national policies to which it conducts business and manage risks emanating from these policies. Competitive Risks These are the risks that arise due to the response of other competitors in the market. This may be extended to new technologies. Competitors might gain access to new technologies which may in future result in competitive advantage. It is the priority of GE to monitor and manage these risks. Resource Risks Segal-horn (2003, pg 382) defines this as the risk that the adopted strategy will require resources that the company does not have, cannot acquire, or can not spare. This is of particular importance to a technological company like GE, which will require for example human resources with technological skills. The main point about risks is that they change over time and so the company must continually evaluate the risks from time to time to determine the strategic fit. Innovation, learning and adaptation A presence in the international market creates opportunities of learning from the new market, the competition and from the risks. This learning must be accompanied by the flexibility to adapt so that the new learning can be incorporated to enable the company to adapt. For a company like GE this could mean the sharing of best practices and learning across business units. For continued improvement the company must also be on a continued drive of innovation. As mentioned earlier, the above discussed priorities can be achieved through collaborative use with the three fundamental tools for building global competitive advantage: Scale of economies, Scope of economies and National differences. Although the statement by Jack Welch may sound very simplified, this process of strategy is aimed at achieving the above three priorities which are common for most diversified global organizations.

A Sense of Tragedy and Humour in alan Bennetts Talking...

A Sense of Tragedy and Humour in alan Bennetts Talking Heads Monologues Alan Bennett uses a variety of techniques to convey a sense of both tragedy and humour in his Talking Heads monologues. I will be looking specifically at Bed Among The Lentils and Cream Cracker Under The Settee. Alan Bennett achieves both of these effects by use of several clever choices regarding the casting as well as sound and visual effects. There are two very different types of humour in Bed Among The Lentils and Cream Cracker Under The Settee. BATL uses a lot of sarcastic, bitter humour whereas CCUTS uses some wry, discreet humour and at times Doris, the elderly woman in CCUTS, seems to be mocking herself†¦show more content†¦Susan is a very sarcastic and bitter person. This may be due to her marriage with Geoffrey as this is a very boring situation for her. Not only this, Geoffrey exploits her alcoholism to make people think he is a caring husband willing to stand by his wife every step of the way. He grips my hand in public, nay brandishes it. This line implies that Susan feels trapped in her marriage and is unable to stop Geoffrey taking control and making her decisions for her. Doris has also had a very unhappy life with several tragic incidents, most notably, the loss of her baby at a very young age. I wanted him called John. The midwife said he wasnt fit to be called anything All them years ago when we were first married and I was having the baby. These lines show that Doris lives in the past a lot and this probably contributes to her sadness as she is unable to move on from the loss of her baby and later, the loss of her husband. Doris is also extremely reliant on Zulema to carry out jobs in and around the house for her. this frustrates Doris as she would rather be doing this herself to ensure that they are done properly. Zulema doesnt dust. She half dusts. This shows that Doris is unsatisfied with Zulema and is rather fussy when it comes to cleanliness. Susan is constantlyShow MoreRelatedThe Character of Doris in A Cream Cracker Under the Settee by Alan Bennett3380 Words   |  14 PagesThe Character of Doris in A Cream Cracker Under the Settee by Alan Bennett The melancholy of life, death and old age, are one of the many issues dealt with, in Alan Bennett’s heart-rending tale. It tells the story of an isolated, fragile, elderly woman, who feels ensnared in a modernised society in which she strives for her sovereignty and prominence. In a culture where the old are forgotten, neglected and depicted as useless. ‘A Cream Cracker Under The Settee’ seems toRead MoreA Cream Cracker Under the Settee. Alan Bennett4299 Words   |  18 PagesThe melancholy of life, death and old age, are one of the many issues dealt with, in Alan Bennett’s heart-rending tale. It tells the story of an isolated, fragile, elderly woman, who feels ensnared in a modernised society in which she strives for her sovereignty and prominence. In a culture where the old are forgotten, neglected and depicted as useless. ‘A Cream Cracker Under The Settee’ seems to be the perfect title of the play as the double entendre epitomizes this remarkably. In addition, another

Abigail Adams by Janet Whitney Free Essays

Throughout our lives we have heard how women throughout history strived to become the best. We have heard stories about women going against society to gain equal rights and we have read about woman with extraordinary character that pursued the history of this world. One of these women is Abigail Adams, the only woman so far to be both wife and mother of a president. We will write a custom essay sample on Abigail Adams by Janet Whitney or any similar topic only for you Order Now Sadly, however, â€Å"Abigail Adams† by Janet Whitney is far from being a biography of her life. Janet Whitney arranges her material in chronological presentation. She starts from how Abigail Adams and John Adams fell in love and got married. She continues on with the biography describing how John Adams came to presidency as Abigail Adams gave birth to his kids one by one. The author chose wisely to arrange her material in chronological order; it helped better understand that time period. Janet Whitney didn’t make any assumptions about the knowledge of the reader, therefore carefully describing each and every event during the life of Abigail and John Adams. The events were detailed and included many direct quotes from the diary of John Adams. Therefore, it was easier to visualize the majority of the important events during the American Revolution. In society (the modern world especially) more and more females are looking to research on historical female figures that had an impact on the world. Janet Whitney intended to write this book for the female population but failed to interest them in the midst of the biography. The title of the biography is enough to attract and spark an interest in the reader, but as the reader continues reading, he/she will be filled with nothing but questions and disappointment. Up until the middle of the biography, Abigail Adams is mentioned only when she becomes pregnant with John Adam’s babies. The rest of the first half of the biography is an in-depth illustration of John Adam’s accomplishments. Abigail Adams is mentioned as merely a sidekick to John Adam’s success and a great companion. She is described as the most intellectual woman John Adam’s has ever met. Throughout the book the author describes in great depth and detail about the history that took place during the time of John and Abigail Adams. She seems to have great knowledge on the American Revolution and describes many detailed descriptions about John Adams life. Although the author does describe the events leading up to the American Revolution, the author fails to depict the role of Abigail Adams in the lives of her husband and others. I believe that the author thinks of Abigail Adams as an unflattering topic, which is ironic because the author decided to write a biography about her. The author wrote the biography in a way that seems like John Adams is the highlight of the life of Abigail Adams and that Abigail Adams was a small influence in the road to presidency for John Adams. The opinions of the author are not directly states in the biography. But there are certain parts of the book that shows an indirect opinion of Abigail Adams. As quoted in the biography, the author writes, â€Å"She freely expresses her longing to see him†¦she freely expresses her reliability on him†¦and the extent to how much she needs him in her life. † (Whitney page 113). The author believes that Abigail Adams felt like she needed John Adams in her life because she relied on him so much. Nowhere in biography does the author cite specific evidence as to why and where Abigail would say this. This also highlights the statement I said previously, the author believes Abigail to be an unflattering topic. The quote above describes Abigail as a needy, un-intellectual woman. The majority of the information the author used were from letters and diaries and biographies of other important historical figures such as John Adams, Benjamin Franklin, John Jay, and Thomas Hutchinson. Most of the biography was filled with quotes from first hand sources as the diary of Thomas Jefferson and letters written by John Adams. The quotes mostly described the setting of the time period rather than the important details. For example, it described the physical appearances of Abigail and John Adams and described the major and minor details of the houses and towns they lived in. The author did an excellent job at giving the reader a window into the time in which Abigail Adams lived. The historical documents used as a reference for the writing of this biography were constantly quotes to give us a visual as to what events were taking place. The author wrote pages describing a single certain event. Janet Whitney would not only quote from her first- hand sources, but she would describe and explain the quote as well to prevent any confusion. For example, Janet Whitney quotes in the biography, â€Å"The flame is kindled and like lightning it catches from soul to soul. Although the mind is shocked at the thought of shedding human blood, more especially the blood of our countrymen and a civil war is of all wars the most dreadful†¦Ã¢â‚¬  This creates a visual picture inside the reader’s head of how gory and gruesome the battles and fights were. Overall, I did not enjoy reading this biography. I was looking forward to learning about Abigail Adams and her influence on American history but as I read I was constantly disappointed. I didn’t realize that the whole book would be based on John Adam’s and how much of an effect he had on Abigail Adam’s life rather than how much of an effect Abigail Adam’s had in America. The biography was also written in an un-interesting way. It felt as if the author was just throwing information inside the text without putting effort into making it sound interesting. While reading the biography I would read over numerous mentioning of dates, times, cities, towns and names of random village men who are irrelevant to the life of Abigail Adam’s. This biography was a complete disappoint to its feminist audience. Throughout our lives we have always heard about how much of an extraordinary person Abigail Adam’s was but none of that is depicted in this biography. I look forward to reading an actual biography of Abigail Adam’s: a biography that doesn’t portray Abigail Adam’s as someone who’s constantly reliant on her husband. How to cite Abigail Adams by Janet Whitney, Essay examples

Economic and Social Inequality Development †Free Samples to Students

Question: Discuss about the Economic and Social Inequality Development. Answer: Introduction Equality and liberty are two most valued fundamental rights of the citizens of any nation. The concepts of equality and liberty may be identified as the two basic pillars of democracy. Any democratic nation should not tolerate any discrimination of its citizens and should treat all the country equally. Social equality may be defined as a concept in which fairness and justice concepts are applied to social policies. The following report deals with the major global issues of the present days. This report critically discusses the policies, programs and strategies with regards to the equity and development around the globe. The report undertakes and critically examines some case studies of the Asia-Pacific region. The following report attempts to throw some light on the concepts of change and growth as related to development of the society on both national and international levels. Social growth and development may be referred to as the process whereby the feelings, thoughts and behaviors of a person are affected by the presence of any other person. This also refers to the ways in which this process undergoes change with the passage of time. Lev Vygotsky, one of the main theorists of the theory of social growth, in the theory of social constructivism argues that a major factor in the development of a child is the culture that the child is exposed to. According to the famous theorist, development always moves to an individual level from social levels. The social equality concepts may be traced back to the to the works by ancient Greek philosophers like Plato and Aristotle. Though definitions of the concept may vary from person to person but the central idea of the definitions remain constant on the issue of fairness and justness. In modern times, equity involves the role of administers. These public administers are responsible for looking into the fact that the social services are being dispensed equably among all the members. In order to keep up to their responsibilities, global equality administers have resorted to certain policies, programs and strategies to address to the issue of global equality and development. Social equality needs the legal enforcement of social classes or boundaries of caste to be absent. In order to execute the concept properly, all discrimination that is motivated by some inviolable part of the concerned person must be avoided. The citizens must not be discriminated based on their caste, creed, sex, religion, age, race, origin, sexual orientation, property, language, health, convictions, income and opinions. The major global issues that can be highlighted in the present day scenario are women empowerment, gender equality, aged population growth, medical issues in health care such as AIDS. There are issues regarding the rights of children, decolonization, hunger issues, human rights and population, refugees of various countries (Un.org, 2017). The most raging issue at the present moment is the issue of women liberation and empowerment. Women empowerment has turned into an important topic of discussion worldwide. It points to approaches that hold good for other belittled genders as well. Women economic empowerment refers to womens ability to enjoy controlling their rights and benefitting from their own resources. It further refers to the ability of women to improve their economic well-being and status. There has been adopted many policies to address the issues of social development. In this particular issue of women empowerment and liberation, various methods towards tackling the issue are taken into account. Women, in many of the underdeveloped and developing countries, do not have the legal rights to own any piece of land. As a measure to empower women in those countries, they should be allowed to own a piece of land. There are policies that have been formulated on various other social issues that need immediate attention like the issue of gender equality and food-related issues. Gender inequality refers to the unequal treatment of people totally or partially on the basis of their gender. This issue stems from differences in the gender roles as defined by the society. It depends on the socially constructed or empirically grounded distinction on the basis of the gender of a person. Gender equality is a much needed founding ground for a peaceful, sustainable and prosperous world (Un.org, 2017). It is not only a basic human right. In case of gender related issues, there are policies of the UNICEF that deal with the issues of equality between boys and girls. These policies of the United Nations aim to provide for educational access to all the global citizens irrespective of their gender (UN, 2015). It also aims to provide equal access to all the citizens of the world with an equal access to health care, representations in economic and political processes involving decision making. Gender equality will boost sustainable economics and be beneficial to humanity and societies at large. The Gender in Development Programme or GIDP advises, assists and facilitates the equality policies, practice and dialogue and helps in empowering women (Un.org, 2017). These programs are implemented in the countries around the world. In the eastern countries, there are found huge implementations of the women empowerment policies. The governing bodies of the countries try to ensure that all the citizens of the country have access to educational institutions irrespective of their gender and caste. These programs tend to look into the issue of women having lesser access to basic as well as higher education, greater risks on the field of health and safety issues and lower representation in the political issues. Women should be guaranteed rights and be given opportunities to achieve their ultimate potential. It is necessary for attaining the goals of global equality and wider ranges of international development. The programs aim to provide a boost to a womans decision-making authority, sense of being self-worthy, access towards resources and opportunities, the authority and control over happenings both inside and outside the house. It also tries to make a change in a womans ability to affect the changes that take place around her. These programs focus mainly on educating the female members of the society. These programs are implemented mainly in the developing countries where there is a higher percentage of girls being out-of-school as compared to the number of boys. In the developing countries, the number of girls not attending schools is approximately a quarter of the population. Another raging issue is the health care issue of women. The issue of healthcare and safety has become a real concern in the present world. In most of the cases, women have been suffering from HIV or AIDS. This is due to lesser opportunities of education regarding health issues, inequality of power in the sexual re lationships and the result of violence based on gender (Peacecorps.gov, 2017). In many of the developing countries, women have little access to services related to prenatal and newborn care. There is a much lesser percentage of women who have access to political and economic empowerment. Despite the world population of women being more than half of the total population, the wealth owned by them is a meagre one percent of the total wealth of the world. The women are mostly involved in non-paid work in the households. They even lack the right to own property in some parts of the world. There are many underdeveloped countries where women lack the right to inherit or own property, they do not have access to earning their own money or obtaining credit from any source. Women across the world are subjected to discrimination at their workplaces in case of moving up in their concerned organizations. The participation of women in politics all over the world is required to maintain and achieve true democracy and equality on the terms of gender (Bexell, 2012). Women have always been the decision-makers who remain underrepresented both in the public and domestic affairs. The United Nations commission have outlined a powerful action set in order to help attain the set goals towards women empowerment and attaining global equality on global gender issues. The 60th session of the UN Commission on the Status of Women will focus firmly on the implementation of the agreement. The key challenges that are to be addressed in the 2030 Agenda for Sustainable Development are poverty, inequality and the change in climate. The goals of sustainable development that are undertaken can be achieved if the issue of gender equality and women empowerment are addressed. The issues that are to be looked into constitute the main issues of the women empowerment. It aims to equalize the number of men and women in the labor markets. This would, in turn, affect the global economy thereby increasing the annual global GDP by the year 2025 (Unwomen.org, 2017; UN, 2015). The presence of women at the peace forums increase the probability of a long lasting peace agreement by considerable measures. The women need to be educated in order to help in the increase of the mortality rate of the newborns. There has been commendable progress on the issues of gender inequality and women rights since the Beijing Conference but there still remains scope for improvement (Haack, 2014). The commission has also undertaken strategies to help eradicate violence against women. The commission has undertaken steps and implemented measures so as to end the violence that keeps affecting women at large. These violent activities also come with huge amounts of economic costs that the so ciety has to incur. Asia-Pacific region Asia-Pacific region is the region of the world that refers to the part of the world that is situated near the western part of the Pacific Ocean. This area varies in its size depending on the context based on which it is referred to. The region generally is inclusive of east, south and south Asia along with Oceania countries like Hong Kong, Japan, Korea, Malaysia. Some other countries of the American coast of the eastern Pacific Ocean like Canada, Chile, Mexico, Peru, United States and Russia may also be referred to as inclusive of the region due to the inclusion of these countries in the Asia-Pacific Economic Cooperation. The main issue that these region faces in terms of global inequality is the issue of progress on the terms of economy (Adb.org, 2017). Though the economies of the Asia-Pacific have experienced a rise in the per capita income and have reduced the extreme poverty issues to almost half of what it was (Adb.org, 2017; Park Mercado Jr, 2015). There are reports that suggest that the gap between the rich and poor have increased in many economies thereby worsening the situations. There are countries that include population with lowest the shares of the total national income or consumption belonged to the poorest sections of people (Eastasiaforum.org. 2017; Coady Gupta, 2012). These countries have high Gini coefficients, a measure for inequality, like the Peoples Republic of China (Adb.org, 2017; Woo Sung, 2013). There has been observed a reduction in poverty, rates of mortality of children under five years, and in the average schooling years. There has been a decrement in the child mortali ty rate, though the reduction in the number of children that are underweight is yet to be witnessed. Studies suggest that the number of people under the poverty level have been over the number of total employed people in the country. Conclusion Thus, from the above report, it may be suggested that in order to attain global equality, many more hurdles are to be overcome. The issues that need much attention are the issues regarding women empowerment and gender equality. It may sound to be a Utopian concept but global equality is attainable if all the nations of the world come together to address the causes that prove to be hindrances to the attainment of equality in the world. The world will comprise of people from different races and cultures and in order to make living sustainable in this world, the diversifications have to be maintained. Developments and changes in the various regions of conflict may be brought about but not by compromising on the issues that deem a certain number of people to be separate from the rest of the world on the basis of their gender or race or religion. References Adb.org. (2017).Economic and Social Inequality in Asia and Pacific: 12 Things to Know.Asian Development Bank. Retrieved 8 October 2017, from https://www.adb.org/features/inequality-asia-and-pacific-region-12-things-know Adb.org. (2017).Framework of Inclusive Growth Indicators 2013: Key Indicators for Asia and the Pacific Special Supplement.Asian Development Bank. Retrieved 8 October 2017, from https://www.adb.org/publications/framework-inclusive-growth-indicators-2013-key-indicators-asia-and-pacific Adb.org. (2017).Key Indicators for Asia and the Pacific 2013.Asian Development Bank. Retrieved 8 October 2017, from https://www.adb.org/publications/key-indicators-asia-and-pacific-2013?ref=data/publications Bexell, M. (2012). Global governance, gains and gender: UNbusiness partnerships for women's empowerment.International Feminist Journal of Politics,14(3), 389-407. Coady, D., Gupta, M. S. (2012). Income inequality and fiscal policy. International Monetary Fund. Eastasiaforum.org. (2017).Inequality in Asia: the case for inclusive growth.East Asia Forum. Retrieved 8 October 2017, from https://www.eastasiaforum.org/2016/07/22/inequality-in-asia-the-case-for-inclusive-growth/ Haack, K. (2014). Breaking barriers? Women's representation and leadership at the United Nations.Global Governance,20(1), 37-54. Kanbur, R. (2014). Inequality in Asia and the Pacific: Trends, drivers, and policy implications. Routledge. Park, C. Y., Mercado Jr, R. V. (2015). Financial inclusion, poverty, and income inequality in developing Asia. Peacecorps.gov. (2017).Www.peacecorps.gov. Retrieved 8 October 2017, from .https://www.peacecorps.gov/educators/resources/global-issues-gender-equality-and-womens-empowerment/ UN, G. A. 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