Political and Economic Experience for the Puerto Rican Essay

Political and Economic Experience for the Puerto Rican - Essay Example Their migration to the U.S has had major impact to their growth since the 19th century including the strife to maintain their culture. Their relationship with U.S government has led to great economic growth and development through trade, cultural activities and sport. Other major activities in politics have had impacts on the society at large and have cemented the network politically, socially and economically. The country now faces major technological and international integration as a result of these ties which have led to good economic growth. Political advancements have had great impacts and the in terms of economic and political experiences which have modulated the trade and economic development. Politics have transformed the living standard of the citizen and given them a position of power. Politically, Puerto Ricans in the U.S began running for state elections and seats and promoting their own members for the parliamentary seat in the year 1937 (Carmen & Vazquez-Herna ndez 9). Long since very many have been advanced and much social standing has been enhanced. This has also seen a big advancement like educational institutions, sporting facilities, improved transport and improvement in the defense sector through funding. Political standings have seen the positive impacts of interrelations. The migrant to the U.S has led to both positive and negative consequences to those involved. The migrants gain control politically and the strong ones may dominate in the long run. Most of the political aspirants gain experience in the world of politics and the experiences that come with governance. They learn to exercise their rights politically and basing on the fair statutes some may venture to the civil sector to create awareness. On the other hand, these exercises may lead to danger and harassment by the opponents

Businesses desire to achieve a competitive advantage Essay

Businesses desire to achieve a competitive advantage - Essay Example The paper tells that companies that achieve a competitive advantage can exploit that edge in order to obtain higher sales than other companies in the marketplace. Organizations can achieve a competitive advantage by exploiting their brand value. A brand strategy is generated over time by investing a lot of money in advertising and marketing campaigns. Technological superiority, innovation, and patents are other ways to gain a competitive advantage. Companies that achieve a competitive advantage are able to increase their market share. These firms are also able to attract more customers than its competitors. Examples of companies that have been able to dominate an industry by gaining a competitive advantage are Starbucks Cafà ©, Microsoft, and De Beers. Microsoft utilized innovation to stay ahead of the competition. Starbucks Cafà © beat out the competition by providing a superior product and better customer service. The competitive advantage that De Beers enjoys comes from its supp ly chain superiority and access to greater sums of capital. Organizations that have a competitive advantage are able to retain more customers and build brand loyalty. Higher customer retention rates are desirable. Based on Pareto’s 80/20 rule approximately 80% of a firm’s revenues come from 20% of its customers. Most companies that are the market leaders in their respective industries reached that status by having some type of competitive advantage. Good business strategies are needed for managers to implement a competitive advantage.