Friday, February 21, 2020

African Geography and Growth Essay Example | Topics and Well Written Essays - 1500 words

African Geography and Growth - Essay Example The geography of Africa has to a large extent shaped the kind of economic opportunities available for the African countries and, thus, impacted on the economic development of the continent in general. The interaction between human and physical geography within the framework of economic development has been a major factor which is shaping the direction and rate of Africa’s economic development. This essay gives a critical analysis and discussion of the importance of geography in the economic growth of Africa, including the tragic economic challenges that the continent is experiencing. The essay also presents a discussion of the policies which would have to be put in place to safe Africa from the challenges it is facing which are hampering its growth. Africa’s physical geography, such as climate, has been described as the causes of its minimal economic growth. However, Collier (2007, p. 6) argues that there are geographic factors which act to divide Africa instead of unif ying it. These are said to be the most significant factors which are derailing the economic growth of the continent. To begin with, Africa is an expansive continent. Regardless of this, the nations within the continent and its economic regions are characterized by low income. This is explained by the fact that the natural resources within Africa are not evenly distributed. Some regions have an abundance of natural resources while in some regions of the continent, the resources are very scarce. This has contributed to the uneven economic growth within the continent with most of the continent’s regions registering minimal growth as compare to other parts of the world, such as Asia and Europe, as illustrated in figure 1 below. Figure 1: Comparative Per Capita Growth The physical geography of Africa is very enormous. Bloom and Sachs (1998, p. 207) point out that even if Africa is a large continent, it has been divided into many countries. For this reason, most of the countries wi thin the continent are landlocked. The divisions of countries within Africa have a result caused nations to be divided into those landlocked states which are rich in resources and those which have scarce resources. Moreover, some countries are coastal and rich in resources while others are costal but lack adequate resources. These four categories define the economies of Africa in terms of its physical geography. Those states which have scarcity of resources whether coastal or landlocked are lagging behind in the economic development. Because these two categories of nations are the majority within the continent, Africa’s growth in generally slow as compared to other regions. The landlocked states within Africa lack competitiveness in export and import trade. Lack of competitiveness has also affected the coastal countries. Naude (2004, p. 821) explains that the differences between the resource rich African states are not significant. This is the case whether the resource rich s tates are landlocked or coastal. It is because of the divisions within African states that the competitiveness in the export and import business has been derailed and thus making the content to have a tragic growth level within its economy. However, costal states in Africa participate in export trade but the landlocked countries are prevented from economic interaction with the world markets. The distribution of the African population is even unlike other developing regions such as Asia in which a majority of the population lives within the costal countries. Even though the trend of economic growth in Africa is generally parallel to that of the global economy, Africa

Wednesday, February 5, 2020

Hanover-Bates Chemical Corporation Case Study Example | Topics and Well Written Essays - 500 words

Hanover-Bates Chemical Corporation - Case Study Example District 1, 2 and 7 performances got little profits as they surpassed their gross profit quote a little (Spiro, et. al, 2008). The performance of northeast district as compared to other districts is constantly low. Other districts performed better than the set target or a little low, while northeast district performed very low. The sale of the northeast district is high, but profits are low if it is accessed in comparison with northeast central (Spiro, et. al, 2008). So, in totality, northeast district is continuously performing low as compared with other districts. Jim Sprague is quite less experienced as the new sales manager of the northeast district. However, the company’s management has trust in his skills. Hank Carver, an experienced and appreciative sales representative is interested to quit his job. The northeast district has poor performance and is unable to meet the gross profit quote. The district is not capable take benefit of potential future accounts. Their sales representative pay expenses are higher as compared to other districts. The sales representatives of northeast district have elevated own selling operating expenses. Northeast district is short of paying attention to major and medium ranged accounts (Spiro, et. al, 2008). Management’s role in improving poor performance in the northeast district is very crucial. The management should support Jim in his task by appointing supporting experienced assistant. There should be a biyearly analysis of the district in comparison with other districts. There should be incentives for outclass performers to motivate sales reps. The management should be revise its standards for the poor performing districts. Jim Sprague should install a monitoring system for the evaluation of expenses related to sales representatives (Spiro, et. al, 2008). He should conduct meetings to inform the sales reps about their elevated salaries in comparison to the sales reps of other districts and