Spectre of Terrorism and Nigeria Industrial - MyAssignmenthelp.com

Question: Discuss about the Spectre of Terrorism and Nigeria Industrial. Answer: Ford and Taylorism: The video titled Ford and Taylor scientific management compares between two automobile manufacturers of early 1900s namely Vulcan Motors in Britain and Ford Motor Company in the US. Vulcan Motors made cars which were expensive using slow methods taking weeks. The upper class society of Britain could only afford to posses them. Henry Ford, being inspired by Fredrick Taylor in 1908 introduced the theory of scientific management in the automobile production at Ford Motor Company and broke down the complex processes into several simple processes. He was the pioneer of assembly line technique of production which enabled mass production of automobiles at low costs at the Ford Motors. Ford introduced the system of high wages to workers which helped him to attract skilled labour. According to David Moore, a Ford Foundry worker, Henry Ford maintained strict control over the workers and any interference of workers union was strictly discouraged (youtube.com 2018). The scientific management of resources and men which Ford introduced at Ford Motors enabled mass production of automobiles at low cost which eventually led to introduction of low cost cars into the American market. Thus one can summarise from the video that manufacturing firms can bring down their costs of production by managing their resources scientifically and sell low cost goods to attract huge consumer base and earn huge revenue (Parkes 2015). Workers in Australia, America and Europe would accept Taylorism and its scientific management of resources. The small firms in these markets today have to face the challenges of cost cutting and sustainability which necessitate them to manage their resources more efficiently to reduce wastage. These firms can adopt Taylors system of scientific management to allocate their resources scientifically, ensure high productivity and reduce losses they suffer due to wastage of resources (Luning et al. 2015). Taylorism finds applications in the designs of the scripts used in the call centres. The scripts in the call centres today are either in digital formats or physical formats in which questions are arranged in planned manners in order to ensure maximum positive responses from customers. The employees in these call centres are monitored to ensure that they perform efficiently. The supervisors train underperforming callers to enhance their competencies. Moreover, the supervisors monitor the calls digitally to ensure that callers do not waste time asking unnecessary questions to customers (Gandomi and Haider 2015). This analysis shows that the call centres manage the questions on the scripts scientifically to ensure that the callers are able to get maximum productivity from them. Thus, one can infer from the discussion that the call centres scripts use Taylorism to a great extent to ensure high productivity. The ideas of Fordism and Taylorism depicted in the video dates back to a hundred years and may out of order according to some but there are still firms many parts of the world which require these ideas to survive. The small firms in markets like Africa and Asia today are struggling to achieve mass production at low costs. They face challenges from multinational companies which are able to reduce their costs of production owing to their global presence and robust revenues. These small firms can implement Taylorism to manage their resources scientifically to ensure maximum production. This would enable them to control their resources more efficiently and minimise losses they suffer due to wastage of materials (George, Haas and Pentland 2014). This analysis shows that centuries old ideas of Taylorism and Fordism can provide guidance to small firms in underdeveloped markets to become more productive and sustain in the face of the challenges from multinational companies. Thomas Freidman on Globalisation; 3 eras of globalisation: Professor Thomas Friedman in the video Thomas Friedmans Three Eras of Globalisation pointed out to the three eras of globalisation. The first era characterised by countries like Britain expanding their colonies into other parts of the world like India. This stage of globalisation reduced the world into a planet ruled by a few powerful counties like Britain. The second stage of globalisation was characterised by companies expanding into new host countries in search of markets and labour. This expansion of multinational companies shrunk the global economic plane to size small. This means that the consumers could avail goods manufactured in foreign countries because they could purchase these goods from the multinational companies which had entered their countries during the second era of globalisation (Benera, Berik and Floro 2015). The third or the final era of globalisation according to Friedman is characterised by empowerment of individuals across the globe to collaborate and compete in ventures like businesses. The professor pointed out that today individuals have lot of resources at their access which is both advantageous and terrifying. This access individuals have to resources is an advantage because it empowers them to start entrepreneurial ventures which result in introduction of new products, generation of new employment opportunities and capital maximisation in the market. While speaking on threats the era of individual globalisation poses, he hinted at activities like terrorism which is fuelled by the access individual terrorists have to huge reserves of arms and ammunitions. He concluded his lecture by emphasising that individuals today must be more responsible towards their actions because they are capable of impacting the world through these actions (youtube.com 2018). Some of the key drawbacks or risks living in a flat world are that undeserving groups of individuals like terrorists and hackers have access to huge reserves of technology, arms and financial capital. These individual groups often collaborate to attack countries and steal important data from governments and multinational companies. Their activities cause colossal loss to companies, their stakeholders, government, countries and the world at large (Imhonopi and Urim 2016). That is why access to resources which unauthorised individuals enjoy poses risks to the global welfare in the era of globalisation based on individuals. One cannot agree with Friedmans idea of flat world because the term refers to uniformity in the global economy. This is because people livings in all parts of the world do not enjoy uniform levels of access to resources. The developed and the emerging markets provide their people with resources to start business ventures. The people living in poorly developed economies on the contrary do not have access even to the basic necessities of life like food and water (Al Ariss and Sidani 2016). Hence, the idea of a flat or uniform world proposed by Friedman does not exist in reality and cannot be agreed to. The level of globalisation is not uniform across the world and in fact, is extremely diverse in nature. The developed economies like the US and the emerging economies like India experience a high level of globalisation. These countries are homes to multinational companies which own resources worth billions all over the world. These developed and emerging countries share products, talents and financial capital which result in generation of robust revenue (Imhonopi and Urim 2016). There are underdeveloped economies which are entirely dependent on these developed and emerging economies to meet even their basic necessities like food and medical supplies. These underdeveloped economies do not have many multinational companies and generate very low revenue (Dillahunt and Malone 2015). This shows that the level of globalisation is not same across the world-in some economies is the rate of globalisation is very high while in the poor countries it is very stagnant. Conclusion: One can conclude from the discussion that globalisation is not uniform all over the world. The developed and emerging markets should provide the underdeveloped markets with resources and help them to strengthen economically. The small firms in these three categories markets should adopt scientific management to maximise their production and revenue generation. The individuals today should be more responsible and ethical while using resources. They should use resources to carry out business ventures to bring about economic development and not to facilitate illegal activities like terrorism capable of causing long term damage to the global economy. References: Al Ariss, A. and Sidani, Y., 2016. Comparative international human resource management: Future research directions.Human Resource Management Review,26(4), pp.352-358. Becker, D.A., Orwig, M. and Pernsteiner, A., 2015. Symbolic Versus Substantive Regulatory Disclosure Requirements: The Case of Ford Motor Company in the Early 1900s.Accounting Historians Journal,42(2), pp.35-61. Benera, L., Berik, G. and Floro, M., 2015.Gender, development and globalization: economics as if all people mattered. Routledge. Dillahunt, T.R. and Malone, A.R., 2015, April. The promise of the sharing economy among disadvantaged communities. InProceedings of the 33rd Annual ACM Conference on Human Factors in Computing Systems(pp. 2285-2294). ACM. Ford Corporate. 2018.Ford Motor Company Timeline. [online] Available at: https://corporate.ford.com/history.html [Accessed 16 Jan. 2018]. Gandomi, A. and Haider, M., 2015. Beyond the hype: Big data concepts, methods, and analytics.International Journal of Information Management,35(2), pp.137-144. George, G., Haas, M.R. and Pentland, A., 2014. Big data and management.Academy of Management Journal,57(2), pp.321-326. Imhonopi, D. and Urim, U.M., 2016. The Spectre of Terrorism and Nigeria's Industrial Development: A Multi-Stakeholder Imperative.African Journal of Criminology and Justice Studies: AJCJS,9(1), p.20. Luning, P.A., Kirezieva, K., Hagelaar, G., Rovira, J., Uyttendaele, M. and Jacxsens, L., 2015. Performance assessment of food safety management systems in animal-based food companies in view of their context characteristics: a European study.Food Control,49, pp.11-22. Parkes, A., 2015. Lean management genesis.Management,19(2), pp.106-121. YouTube. 2018.Ford and Taylor Scientific Management (Edited). [online] Available at: https://www.youtube.com/watch?v=8PdmNbqtDdI [Accessed 16 Jan. 2018]. YouTube. 2018.Thomas Friedman's Three Eras of Globalization. [online] Available at: https://www.youtube.com/watch?v=lp4znWHvsjU? https://www.youtube.com/watch?v=oM2BguxRSyY [Accessed 16 Jan. 2018].