Should we cry for Argentina Essay Example | Topics and Well Written Essays - 500 words

Should we cry for Argentina - Essay Example In recent times, Argentinians have suffered from the decline in economic standings (Farzard, 2010). This paper will review the crisis the country faces, and what they are doing to ensure they get through the situation. Local companies present at the time can attest to the situation that existed. They could not send money abroad for many of their financial activities. This was because the central bank had to give approval on these transactions in order to maintain some of the country’s capital. The blame game continued between the government and financial agencies while the economy continued to plummet. As the Argentinian peso was losing its value, it became obvious that the situation was getting from poor to worse. Some of the stringent measures included seizing the citizens’ cash in order to regulate how they withdrew money from their bank accounts was introduced (Farzard, 2010). This led to countrywide protests against such moves by the government, and what it meant to their freedom. Business operations were brought to a standstill through all the commotion as banks were attacked. The raising of taxation through government policies made it harder for businesses to grow and expand. This implied that all those involved in the transportation of goods and services, whether local or foreign, were affected immensely (Farzard, 2010). Coming across funds to pay foreign suppliers became harder for the local traders, and their businesses. This led to the dipping in the local market for local goods. The collapse of the economy brought plenty of trouble for the Argentinian government. It became hard to fulfil the needs of the people as many more people seemed to suffer from poverty. Inflation levels grew to a high level and employment was for only a few people in Argentina. As all these problems continued to engulf Argentina, their hope to get themselves out of debt was dwindling. This is as

Managing Assets and Resources in the Digital Firm Essay

Managing Assets and Resources in the Digital Firm - Essay Example With this understanding, it becomes necessary to have a long term perspective that clearly states what one wants out of the network. By so doing, the identification of number of software needed and the scope of usage becomes clearly defined. Subsequently, managers become motivated to focus their attention on the exact demands and aspirations of their organizations without having to look into the interest of other people. In effect, the selection will be done based on one’s capacity in terms of accessibility of knowledge and standardization. Finally, the need to update systems according to the options available to the organization becomes necessary. Indeed, most information systems have failed because they did not consider the prime and exact interest of the companies in which they were set up and this is what the framework seems to address – the need to for individualism (Damsgaard et al., 2010, p. 70). It can be realized that the framework presented by Damsgaard follow s a principle that follows the chronological implementation strategy whereby the workability given software are exemplified using step by step progress analysis plan (Flyod, 2009). Moreover, all results presented by the group are based on empirical research that can be substantiated. To this end, it is recommended that the principles and framework be adapted for