In many part of the world talented engineers or scientists or any professionals studies abroad and return
Question:
In many part of the world talented engineers or scientists or any professionals studies abroad and return back to the home country with a expectation to work in highly paid jobs . This is evident from South Korean and Taiwanese firms. The candidate would study in US and then return to the home country to be a global leader in IT production. World Bank (1993) emphasised that return of foreign educated nationals has transfer of best practices and knowledge to South Korean and Taiwanese semi-conductor firms. Some of the researchers argued that government policies and firms’ strategies played a key role in “reversing brain drain”. South Korea and Taiwan has a set of policies and conditions that will accelerate the process of learning about new sources of skill, technology and capabilities by the migrating students. The Indian case is distinctive as over the decades, the pursuit of better academic and economic opportunities has resulted in massive “brain drain”, mostly in the form of migration of scientists and engineers from elite Indian institutes to technologically advanced countries. n 1998 Indian engineers were running more than 775 technology companies in California’s Silicon Valley that accounted for $3.6 billion in sales and 16,600 jobs. the Indian government recently launched initiatives to motivate this strong resource to play a more active role in economic development. At firm level the process of attracting non-resident Indian managers, engineers and scientists began with the opening of the economy from the beginning of the 1990s.
British science is facing the threat of a highly damaging brain drain that could see scores of top young researchers leaving the UK. The British Academy has pointed out that about a third of all UK archaeology research is funded from Europe while classics, law and philosophy also get substantial support this way. American High school students are less opting for schools in America and ger admission in Canada . By 2026 it is expected that America would have fewer 18-year old entering college.
Economic theory predicts that a brain drain can have positive or negative impacts on the sending country. Although a paper by Grubel and Scott (1966) had emphasized that positive feedback effects — in terms of remittances and technology acquisition — had the potential to offset the losses caused by the migration of skilled workers, the emphasis of the early literature was on the losses rather than the gains of the brain drain
Direction : Read the above scenario of Brain Drain and answer the below questions
a. Analyze the concept of Brain drain from the above scenario and give your judgement on the situation ( 5Points x 1 Marks= 5 Marks ) ( reframe)
b. Choose any 2 countries from the above scenarios and evaluate the impact of brain drain on these 2 countries (5Impact Points x 1 Marks= 5 Marks )
c. Do you agree Brain drain can lead to improvement of human capital . Evaluate the above information in the selected countries in terms of “human capital improvement”
CASE ON AMAZON
Amazon.com, Inc.’s ability to satisfy stakeholders supports organizational growth in the e-commerce industry. In Archie Carroll’s model of corporate social responsibility (CSR), stakeholders are individuals or groups linked to the organization based on their stake in what the business does. Corporate social responsible (CSR) is a current field of study within business schools. It is reported that Amazon follows a CSR pyramid as a guideline for the sustainability . Below are the list of activities
- During covid the Amazon added 400,000 jobs this year to handle the surge in online shopping.
- The health and safety of our employees and contractors around the world continues to be our top priority. meeting every day to consider the evolving situation and are consulting with medical experts to ensure we are doing all we can to keep our teams healthy
- housing for homeless families, contributing large sums to the University of Washington’s computer science program, and supporting a mass transit initiative.
- Tens of thousands of nonprofits and non-governmental organizations worldwide use AWS to increase their impact and advance mission goals.
- Amazon founder Jeff Bezos earmarked $1 billion of his $10 billion environmental philanthropy to protect 30 percent of the Earth’s land and sea
- Amazon provides both full and part-time workers with competitive benefits, offering medical, dental, and vision coverage
- The average warehouse worker at Walmart makes just under $40,000 annually, while at Amazon would take home about $24,300 a year.
- employees pushed to meet extremely high targets
- Amazon is taking legal action against four companies it has accused of deliberately flooding its shopping platform with fake reviews.
- Effective advertising is crucial for sellers to generate sales.
- a seller may invest thousands of dollars researching the best keywords to advertise a product
Direction : Read the above scenario of Amazon and answer the below questions
a. CSR Pyramid is followed by all the branded companies . In relation to the above case , Formulate a CSR pyramid for Amazon by considering all the factors (Pyramid with details)
b. Imagine your self as the sale person for the Amazon , evaluate the above situation , list out all the legal procedures will be followed to develop and advertise the products.
c. Amazon has done a lot of support for the society but there are certain undefined status from the employees and society . Use a range of approached to list out the expectation of employees and society
d. Amazon’s 2020 Sustainability Report pledges to save the climate. Report also includes our work on a wider range of Amazon commitments and initiatives to support our employees. Evaluate the role of the owner and employees towards the climate
e. Compare the financial statement of Amazon to any of the competitors of
- Gross margin ratio
- Price-earnings ratio
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill