India And The International Trade - 3292 Words

1.1Background Since gaining liberalization, India has been active in international trade, and is today one of the major trading nations in the world. The Indian economy has been highly dependent on external trade; presently, India’s major trading partners were China, United Arab Emirates, United States, Saudi Arabia Switzerland, Singapore and Germany. As a shining, modern, and well developing country, India has been actively promoting trade expansion and enhancement with all the European countries especially with Germany. In view of this, India has been actively promoting bilateral trade to achieve this target by implementing different strategy. One of them is by expanding trade relation with the European countries. Within the European†¦show more content†¦To date, the EU is India’s largest trading partner, accounting for 20% of Indian trade. However India accounts for only 1.8% of the EU’s trade and attracts only 0.3% of European Foreign Direct Investment, although still provides India’s largest source for India (Bilateral Trade, n.d.). Trade between the two has more than doubled from 25.6 billion euros ($36.7 billion) in 2000 to 55.6 billion euros in 2007, with further expansion to be seen (Bulls Eye, n.d.). According to a report in 2010, India, at that time, was the eighth largest trading partner of the European Union, behind China and Russia (India-EU Relations, 2012). Given the fact that India is in the process of facilitating the international trade with all over the world. European and Asian countries seems to be the potential partners for trade exchange. At the same time, several companies and organizations have been established in India over the last ten years which have created more opportunities for both European and Indian companies to run their business in the region. Furthermore, Germany trading policy also brings a good opportunity to Indian economy and for the Indian export trading companies. As the trade relations between these two countries are increasing, it will helpful to the Indian economy and its overall development and growth. India shares their experiences and also can learn from Germany and become expertise in bilateral trades. Besides that, trade

Explosion of Interest Essay - 1208 Words

Explosion of Interest A community can be defined in many ways. The most basic definition is a group of people sharing common interests, thoughts, beliefs, or values. Todays fastest growing and most diverse communities are those experienced through the Internet. In the article Everyones a Critic, Richard Lacayo describes the many communities where people can express their feelings on books, movies, music, and restaurants. His representation of online communities can be shared with that of Amy Bruckmans in her article Finding Ones Own in Cyberspace. Both articles represent online communities as one of todays fastest and easiest ways of sharing your thoughts with the rest of the world. With shared views about the Net, both†¦show more content†¦The ability to communicate through the Internet has connected people in a way that is immeasurable. People now turn to cyberspace to have questions answered, feelings shared, and opinions heard. As Lacayo implies, everyone truly can be a critic and can be valu ed despite their position. As a result of the appreciation and recognition of a community, the Internet continues to grow more diverse and interesting. With many different interests, beliefs, values, opinions, and feelings, many online communities are bound to be equally as varied. After all, the Net is made up of hundreds of thousands of separate communities, each with its own special character (Bruckman l71). With the collective decisions made by each community, the amount of diversity throughout the Internet is unlimited. Consequently, each individual user can find a community that suits their personal interests or thoughts. With variety promised on the Net, many see their differences as something we need to cultivate and cherish (Bruckman 178). Diversity is cherished on the Internet because it allows people to find a place they can relate to. As Internet communities become more assorted, users are now more likely to find a community that they can call their own. Above all, most people have constructed their energies to help make people aware of the variety ofShow MoreRelatedThe End of a New Beginning Essay969 Words   |  4 PagesThe battleship which detonated into several pieces sank to the ocean floor dragging rapt wounded and dead. Two-hundred and sixty-six of the three-hundred and fifty-five officers, crew members, sailors, and Marines on board died or drowned in the explosion or shortly after suffering from injuries or shock. The USS Maine was the United States Navy’s second commission battleship; however, Maine was classified originally as an armored cruiser. Heavily armed with guns and torpedoes, this ship was readyRead MorePersuasive Essay On 9 / 111104 Words   |  5 PagesAfghanistan to secure their oil interests if they went on with the attack (History). 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E-commerce in South Africa-Free-Samples -Myassignementhelp.com

Question: Discuss about the Challenges and opportunities for the success and failure of E-commerce in South Africa. Answer: Introduction The small and the medium sized companies in South Africa have been benefitted to large extent through the use of e-commerce. With the introduction of e-commerce, the companies in different sectors were able to compete with each other. With the increasing mobile penetration, secured use of online gateways and the confidence of the consumers, e-commerce has expanded rapidly in South Africa. This paper will highlight the challenges and opportunities for the success and failure of E-commerce in South Africa. There are some major e-commerce players in South Africa and they are in a much advantageous position than the traditional enterprises. Discussion There are many companies in South Africa which are operating online business and they have formed strategic partnerships with some famous brands. This has expanded the business of the companies and it has also helped them to connect with the local consumers and increase the sales. The e-commerce has also provided various other options to the companies such as Pick and Pay which is cost-effective for the stores. Some famous brands of bricks and mortar stores are trying to go online and thus it will be advantageous for the customers as well as the businesses. The most important advantage of e-commerce for the online businesses is that they provide the opportunity of web rooming where the customers can have a glimpse of the product online and then they can decide to purchase it. E-commerce has not only improved the business of B2B or B2C but it has also enhanced C2C interactions. Moreover, E-commerce and the other digital services have also responded to the needs of the community. It ha s helped in transforming the entire South Africa into a digital society and thus providing the citizens digital access so that they can improve their quality of life. The retailers are taking advantage of e-commerce by focusing on the digital channels and thus this will help in increasing the growth. The domestic online merchants can optimize the e-commerce through diversification of the channels and the various distribution models. E-commerce has also helped the domestic markets to expand internationally. The postal service of Africa is also very poor and with the development of e-commerce, the delivery methods have improved and the customers are satisfied with the services. This has provided assistance to the small and micro enterprises of South Africa. The customers of South Africa are also much more aware of the safety and convenience which is associated with online shopping. However, the e- commerce sector of South Africa has also faced major challenges which are associated with logistics. The retailers are also facing problem to come online and this is due to the poor design of the websites. Moreover, the customers also face problem in the payment method because majority of the households do not qualify for credit cards. The consumers must be offered with some other secured payment modes which will be easier for them and they can prefer to purchase the product online. Though many new methods have been launched but they proved unreliable and destroyed the confidence of the customers. The online retailers are also finding difficulty in providing free delivery because the customers of South Africa are cost conscious. The customers do not go for online research but they directly visit the stores to purchase the product because it includes no delivery charges. Moreover, South Africa has also faced challenges in the power supply sector, inefficient use of ICT , inadequate transport and telecommunication infrastructure and the lack of skilled personnel. The complicated process of the delivery system has increased the cost of business and as a result, customers are not willing to purchase online products. The fragmented market of South Africa is also another major challenge which is responsible for the slow growth of E-commerce. This has affected the economics of scale and the efficient allocation of capital among the various sectors. It can also be said that the lack of trust among the customers is the main factor which is responsible for the failure of e-commerce in South Africa. Conclusion Thus, it can be said that the people of South Africa must try to remove the subjective obstacles of e-commerce such as lack of trust or familiarity. The government must introduce various accreditation agencies which will increase the trustworthiness and safety of online business transactions. This will help the e-commerce industry to penetrate into the African economy in a short span of time. The demand and the supply side constraints must be removed and the companies must be provided with financial and capacity support. There must also be a provision of formal agreements between the suppliers and the consumers and thus it will be easier to facilitate trade.

Sponsored Links on Your Blog The Pros and Cons

So your blog has found some measure of success, with a steady stream of visitors from all over the web. Another company has noticed this success, and sent you a request: will you include a couple of sponsored links pointing to their products or services on your website?If youre not making money from your blog in other ways, your first instinct might be to jump at the chance. After all, even paying for your hosting with money made from the blog itself is a big deal when youre starting out. But is getting that money through sponsored links actually a good idea?This article will help you decide if sponsored links will work on your blog. A note about sponsored blog postsOften companies will pay you to write a full blog post about their product or service, like the Cardamom Coffee article pictured below, which is sponsored by Ghirardelli ® Chocolate:Other companies will ask you to publish a pre-written article in exchange for payment. These are bigger than sponsored links and typically come with a larger payment, but they have many of the same pros and cons as regular sponsored links.Should you use sponsored links?Theres no one-size-fits-all answer to this question, but there are several common benefits and disadvantages to weigh before you post a sponsored link.Pros of sponsored linksPayment – You get paid for every single sponsored link posted on your blog. Since sponsored links are paid for with a placement fee, you have a guaranteed income from that link, unlike affiliate links or AdSense ads, which might never make you a dollar. If your blog is popular enough, you might even be able to negotiate a contract with residual income long after the link is posted.Income diversification – The best way to ensure your blogs longevity, and your income, is to make sure you have multiple income streams coming in through your blog. If your blog is making some money but relies on one income stream, sponsored links can provide a secondary income, giving you mor e stability.Freebies – Most companies understand that you want to make sure your audience will actually find sponsored links useful, so they offer some kind of free trial or sample.Relationship building – Sponsored links are a great way to build relationships with companies that might become regular advertisers on your site down the road. If you want to move into featuring advertisements on your blog regularly, this is the way to start.Added value – If you only publish sponsored links to high quality products or services, those links can add an extra layer of value for your readers.Cons of sponsored linksYou risk alienating your fans – Most countries have laws stating that bloggers and other social media influencers must openly state when a link is sponsored. This means your audience will know the moment you start posting sponsored links, and some of them may disapprove, even if those links lead to high quality products or services related to the content youre writing. Theres a pretty high chance that sooner or later someone will accuse you of being a sellout.You might feel like a sellout – One of the people that accuses you of being a sellout might very well be yourself. We tend to be our own worst critics, to automatically downplay the value of our work. This is particularly true if you come from an arts background, where any type of commission for another brand is considered selling out.Negotiations can be tricky – Many companies understand the value of working with bloggers, but dont understand the amount of work that goes into vetting a product or service, or working links to that product/service into their content. They might not want to pay up front, and they might not want to pay what youre worth. Worst of all, they might not be willing to listen to your side at all.The process can be time consuming – You cant just accept some money and publish a link anywhere on your site with no forethought. You must s pend some time using the product or service yourself to ensure that your readers will actually find it useful. A proper test could take half an hour or it could take several days, depending on what youre selling. Then you need to find or write an appropriate article to put the link in. All of this requires focus, time, and energy that can detract from your regular content.Your trust is on the line Whether you like it or not, you somewhat vouch for the product youre endorsing. If it ends up performing below expectations or even hurts your readers, this is on you. Your trust is lost. (On the other hand, if the product is awesome, your trust goes up.)The verdict on sponsored linksSponsored links come with some distinct drawbacks, but they can be a great way to make money from your blog if you follow a few rules:Only accept sponsored links relevant to your audience – Theres always a risk of alienating your audience when you accept sponsored content. That risk grows into a certai nty if you accept links that arent relevant to your audience.Only work with companies you like – You should enjoy not only the companys products and/or services, but also the actual process of working with them.Dont guarantee that the link is going to be there till the end of time settle on a specific period of time. One month to a year is good.Must be nofollow your sponsored links must have the rel="nofollow" attribute, otherwise theyre violating Googles guidelines.Dont let sponsored links detract from your primary content – Accept some sponsored links and maybe even articles, but keep your focus on the things that originally drew you to blogging.Bonus Tip: If your blog is still fairly new, you might want to consider waiting until youve built a bigger audience to publish sponsored content. This will lessen the impact of any readers you lose because theyve decided that posting sponsored content makes you a sellout.All in all, sponsored links are a great way to make m oney from your blog, as long as youre careful with how you publish them and how you go about choosing the companies to promote in the first place.What do you think of blog sponsorship like this? Share in the comments. Sponsored #links on your #blog? The pros and cons