Strategy Essay Example | Topics and Well Written Essays - 250 words

Strategy - Essay Example Then in 1998 it further modified with its ‘Two transformation’ strategy which basically meant shifting from a mainly global shipping industry into a global logistics carrier and also, from a cross-border company to a multinational conglomerate (Zhang, Liu and Lorange, p.745). The path that the company has taken has revolutionized the way it has achieved success but this did not come as an easy task, instead this is most apparent in its diversity of operations that almost seem impractical. From a shipping carrier, it has verged into other allied enterprises such as international shipping, terminal operations, shipbuilding and repair and logistics. But aside from this, they also have interests in unrelated undertakings like banking, financing and others. This multiplicity has mostly been possible because of its characteristics as a state-owned enterprise. It would be more practicable as a measure of system integration for COSCO to delineate its focus on its core businesses in convergence with allied ventures. As it is, COSCO is standing resembling something almost near to a deck of cards with billions at stake in its numerous operations. To receive optimum result, each sector must be integrated to the others by forming a network of sub-entities coming together through the core objectives that distinctly makes it within the ambit of the COSCO brand. This poses somewhat a difficulty in the current number of networks within the vast corporation but this is a necessity to secure the sustainability of the corporation that it will not only be able to overcome the cyclical pattern of industry one step at a time but also to create a highly sustainable customized strategy to its own benefit towards further and perpetual

Existentialism vs. Relativism Essay Example | Topics and Well Written Essays - 1250 words

Existentialism vs. Relativism - Essay Example Existentialists believe that personal choices are unique and do not have to be based on an objective form of truth (Waugh, 2004: pp. 432). Relativism serves as the antagonist of absolutism. These are individuals who perceive every situation in life as having two different perspectives and understanding. Relativism personalities believe that the truth or falsity of a concept is relative to the social context from which the idea is generated. Their idea is that what is true for an age group, social class or tribe, might not be true for the same age group, social class and tribe in a different setting. They appreciate that there exists diversity in the norms that are upheld by various societies (McLachlan, 2005: pp. 92). Key Distinctions between Existentialism and Relativism Sartre used existentialism following the World War II as a basis of framing the political and social issues. Camus on the other hand assisted in the popularization of the philosophy, by focusing on personal freedom and individualism. It served as a justification to challenge the regimes at that time and the administrators and citizens embraced the philosophy as a solace to the frustrations they were encountering from domestic and foreign policies between 1960s and 1970s (Waugh, 2004: pp. 432). ... Unlike the existentialists who try to understand the events in their life after happening, the relativists expose the events of other people to research and gain knowledge that depict their future events (McLachlan, 2005: pp. 92). Existentialists believe in human free will. They believe that religion, law, society, and ethics do not indentify an individual. They believe that an individual is able to define himself if he violates the norms set by the society and challenges the preset standards. They believe that an individual is at his best when he is struggling against nature and struggling to maintain his life. They are excited by challenges and find pleasure in going against all the preset rules. Existentialists believe that in doing this, they are able to attach meaning to what they believe in and also attach meaning to their life since they just do not follow rules without understanding them (Waugh, 2004: pp. 432). However, relativists believe that an individual is defined by the society in which he exists. They believe that rules define the norms of a society and set apart what is right from what is wrong. Besides, they acknowledge the fact that different societies have different rules and regulations and hence respect the diversity that exists in individuals. Relativists do not struggle with life and they believe that life flows with nature and the life of others should be used as a specimen not to make the same mistakes. They have the notion that life should be programmed and should not be haphazard in bid to discover oneself (McLachlan, 2005: pp. 92). Relativists believe in having their own way and they do not have the â€Å"it is my fault† mentality. They have the rationale that what they are experiencing is better placed than what