In this case, RIM tried to develop its R&D activities internationally, and was partly successful in doing so. It was facing a certain problems in internationalizing its R&D, which would be discussed in this report. Investment analysts had predicted sales to increase by 70% in 2008. If it did, the challenge to RIM would be to locate the additional engineers required to meet the increasing demand and to integrate them to RIM’s culture, as its culture was considered to be one of the major factors for its low employee turnover rate. Recently, It was also recognized as one of Canada’s 10 most admired corporate cultures.
This increases unity and makes the country more cohesive and hospitable, thus encouraging immigration” Immigration provides constant growth in the labour force which is helps the Canadian labour market Since most of the immigrants are skilled, Canada is able to heavily rely on them and employ them for the most important jobs throughout the labour market, consequently helping its economy grow. Immigration is responsible for two thirds of Canada's 5.4% growth. "Foreign skills accreditation in Canada has not kept pace with rising immigration levels. Given the importance of immigrants to our country's economy, Canada will need to do better," states Cohen. Irish were Canada's first of foreign immigrants.
Montreal had not endured such a negative impact since the mid 18 century, after the British had colonized in Montreal after defeat. The economy had received a downfall and a major loss in jobs, as the cities manufacturing centers were unable to keep up with growing international competition. Companies have found greater opportunity to gain greater profits by investing in manufacturing centers in countries such as Mexico, China, and India. Montreal was unable to compete with their international competitors, and this downturn severly affected the economy. It wasn’t until the mid 1980’s, where Montreal’s economy and employment rate took a positive turn.
Specifically, the home improvement industry has contracted by 1.2% in 2009. Companies have responded by increasing sales promotions and discounting in order to grow their share of the declining market. This has increased competition and deferred new entrants. However, as the economy recovers, the industry is expected to grow at a forecasted compounded annual growth rate of 3% until 2014. The Canadian general merchandise retailing industry is highly competitive.
The communities were these jobs were lost have been devastated. Families’ lively hoods have been broken, retirement pensions are questionable, and the revenue this company generates for the city in which it resides. According to CNNMoney.com the company has asked for an extension for the liquidation of their inventory until March 31 and they are only waiting for the courts approval. If this does not succeed stakeholders, stockholders, investors, and suppliers would be affected alike. Ethically I found it hard to believe that this happening in the United States and that our economies have become so terrible that the Circuit City’s in Canada are not closing and their profits are up.
A survey from The Conference Board of Canada, showed that 90 per cent of Canadians deem that health care should be the main concern of the government instead of other issues within the country. Because of this, the percentage of pregnant women dying at childbirth decreased by 10 per cent; surgeries for patients who are suffering from heart diseases, cataracts, etc has now an advantage with the modernized technology; extensive relief and long-term survival are also now obtainable for many cancer patients. Public healthcare service is now the main concern in first world countries such as Canada, but people must also take into consideration the other societal factors that are accountable for keeping people’s well-being healthy. Personal healthcare service such as residential services, mental health/center for addiction services and offers a variety of assistance that individuals could benefit a lot from. Home, Community and Residential Services This type of service is offered to seniors with moderate care needs who choose to stay at home.
Summary of “Marc’s Enbridge Testimony” Marc Lee agrees that this Northern Gateway Pipeline (NGP) project will bring revenue and stability to Canada but he believes the possible consequences outweigh the benefits. For instance, the actual amount of long-term employment is estimated by Lee to be 217 jobs after the project has been completed, yet Enbridge advertises that it will create thousands of jobs for British Columbians. These thousands of jobs are generally for the three year construction timeline. Once the building of the pipeline has been completed there will be less than 300 permanent jobs for British Columbians. This will leave thousands of people laid off after the construction has ended, and increasing our unemployment rate.
In the understanding of success, people focus on personality traits, intelligence, innate ability, and hard work. After I read the book “outliers” by Malcolm Gladwell, I realized that to become a successful person is not that simple; in fact, the result of succeed involves with many outliers. The book Outliers by Malcolm Gladwell inspired me of how people became succeed with any of the outliers. According to the first two chapters of the book, the “Matthew Effect” and “The 10,000 Hour Rule”, Gladwell discusses how hockey players become professional in Canada based on their birth month. Those hockey players who are born in the earlier part of the year will have a huge advantage in physical maturity comparing to others.
With more students deciding not to attend college and university due to rising tuition, these individuals are being neglected the significant time that should be dedicated to focusing on growing as their own person. It is now becoming apparent that a level of education higher than a high school diploma is increasingly becoming a mandatory requirement for employers, displaying even more reason as to why Canada should start taking steps towards a free post-secondary experience. It is projected that within the next 10 years, well over half of the new jobs in Canada will require some sort of post-secondary education. (“ Canada’s skills gap:
Case question 1 During the recent years, Robertson Tool has been underperforming. Poor profit and sales performance reflects potential profits to be achieved from an acquisition with Robertson. At Robertson, key line items such as sales income, cost of sales and administrative expenses are much likely to be improved. Despite the fact that Robertson’s distribution system has a great range with wholesalers selling to over 15,000 retailers in 137 countries, the company’s sales growth (2%) falls behind the industrial sales growth by 4 per cent (6%). Poor sales performance and relatively high cost of sales have contributed to the profit margins to slip to one third of other hand tool manufacturers.