Case studye Study Example | Topics and Well Written Essays - 500 words

Studye - Case Study Example Despite all this, there are a few among the numerous African countries that have managed to achieve a rather stable economic and social standing that is quite exemplary in the eyes of the other nations. South Africa, Morocco and Angola are some of the states looked up to within Africa for their economic prowess. Growth and development which is much sought after by each and every state cannot only be achieved through economic growth and power. A combination of factors is necessary towards achieving development. For this paper focus will be placed upon Botswana as a case study, a Southern African independent state that has experienced stable and constant growth over the years. Lewin (2011) describes Botswana’s economy as one of the most successful in the world, he terms is as remarkable considering that just after staining independence Botswana was not seen as a powerful state. Despite its limitations as a sparsely populated, landlocked country with little arid land, Botswana has overcome numerous setbacks and issues to improve its economic state and to stand out as an African country with great potential. Without focusing only on its economic strength, Botswana is a country that has enjoyed a stable democracy for a long period of time, political stability is crucial in the development of a state. Numerous states that are considered to be economically wealthy always seem to become victims of ‘the resource curse’ States with resources are prone to abuse of power from leaders and generally bad governance, somehow Botswana has managed to avoid such obstacles probably because of the small population and the homogeneity of the cultures and tribes within the country. Aside from good policy and good governance Botswana has also made a major effort to invest in education and to implement ways to curb money laundering which can

AMERICAN HISTORY TEXTBOOK ANALYSIS AND COMPARISONS Dissertation

AMERICAN HISTORY TEXTBOOK ANALYSIS AND COMPARISONS - Dissertation Example Particular emphasis in the course of the research study shall be based on the perspective of the Southern American dwellers and that of British perspectives regarding the African-American Civil Rights Movement (1955–1968). These perspectives shall be taken from textbooks from these two locations namely South United States of America and Britain. The researcher is therefore interested in finding answers to the following specific objectives at the end of the current research study: 1. What were the causes of the African-American Civil Rights Movement (1955–1968)? 2. What are the specific events that were recorded during the African-American Civil Rights Movement (1955–1968)? 3. Who are the major protagonists who led the African-American Civil Rights Movement (1955–1968)? 4. How do the British educational curriculums through its textbooks perceive the African-American Civil Rights Movement (1955–1968)? 5. How does the American educational curriculum th rough its textbooks perceive the African-American Civil Rights Movement (1955–1968)? 6. What were the eventual results of the African-American Civil Rights Movement (1955–1968)? 7. ... This assertion is the general hypothesis underlying the current research, which the researcher is going to compare and contrast ten different textbooks from America and Britain to draw a conclusion on the assertion. Most often than not, the kind of ideas that people from these two setting have of the African American depends on the encounter that they have personally had with them in history. The researcher’s goal for the research will therefore be accomplished if at the end of the day a conclusion is drawn on whether or not Americans and British perceive the African-American Civil Rights Movement (1955–1968) from the same perception. Significance of the Study There are major academic and practical justifications that back the importance of the current research and why it is worth undertaking. In the first place, the successful conclusion of the present research work is going to be a major tool for the establishment of historical accuracy. This said against the backdrop that different textbooks from different setting such as America and Britain seem to portray the same case from different perspectives. In some cases, such a practice tends to distort and bend some of the facts behind history. With this text analysis research, a line will be drawn between the contrasting facts to establish historical accuracy. Another importance of this research work will be to enhance personality awareness creation. This will be done from the viewpoint where the true identity of the African American will be understood through their history. Indeed, the history of the African-American Civil Rights Movement (1955–1968) establishes a lot about the identity of the African American population because it brings to bear their dreams and

MGT assignment Essay Example | Topics and Well Written Essays - 1000 words

MGT assignment - Essay Example The company’s mission is to encourage the application of technology in all sectors of the global economy. When the organization gets more high-skilled employees, they can build a network of awareness through quality production. The compensation philosophy at Anchor bay entertainment is supposed to be based on performance; however, several of the people that I know who work for this company does not feel this way. These individuals feel Anchor bay is more like a learning institution. When the organization gets more highly educated employees, they can build the network of thriving ICT centers much quicker. We reward our employees accordingly with respect to their level of productivity. It is important to note that, the employees who dedicate most of their time for the interest of the company are vetted accordingly. BFG technologies would be involved in a meet the market compensation strategy. Compared to some companies in other regions it may look as if they are leading in the market; however, for the region the company operates in employees’ payment in relation to the market demands. Being in the information technology sector, I would see reward based on individuals, rather than a team. When a customer comes and needs consultancy on a major electronic the employees work as an individual trying to convince the buyer of the significance of that machine. The companies’ goal is to continuously improve communication technology in the country and promote the intensive use of computers in the business world. It seems that BFG technologies information systems does not align with the mission statement because the competitive pay and many of the benefits offered create an environment where meaningful relationships can be developed within the employer and employees. Brunswick Corporation being in the information technology sector I see it positioning itself at the top because the company does not offer

Priorities Within Scottish Education

Priorities Within Scottish Education Education Scotland makes certain inclusion is a key priority within Scottish education. The purpose of the writing is to discuss in detail why inclusion takes precedence and what the significant change in meaning proposes for schools and teachers today. In order to do this effectively, the writing will demonstrate an understanding of the concept of an inclusive school and what exactly it entails. Particular aspects of an inclusive school will be considered, such as, the curriculum, disability, behaviour management and lifestyle of gypsy and travelling families. These aspects will be examined thoroughly to suggest implications for me as an individual teacher. It is necessary to analyse the professional impact of inclusion policies and draw on placement experience, offering exemplification of how inclusion was reflected. Throughout, findings from literature and other sources will be referred to in order to justify the piece of writing, informing discussion and argument. In previous years there has been a growing debate regarding the meaning of inclusion. The original meaning was solely based on children who a disability or learning need. The term special educational needs (SEN) was established by the 1978 Warnock Report (Department for Education and Science (DES), 1978) and was seen as a more acceptable way of viewing children, than the earlier definition of handicaps which derived from the Education (Mentally Handicapped Children) (Scotland) Act 1974. The expressions integration or mainstreaming were used to direct the attention to children with SEN who were placed in mainstream schools. Thus, came the idea from Warnock (DES, 1978) who believed there were three key types of integration. These were, locational, social and functional (DES, 1978). Locational was when children with SEN were placed in a unit/base within a mainstream school, however were distanced from the mainstream children. Social was seen to be when children with SEN were integrated with mainstream children for social events, but were separated for the rest of the time. Lastly, functional was where children, regardless of disability, were located in their local mainstream school and placed in the same classroom as their mainstream peers. Shortly afterwards, advances meant that the term integration was used more widely to describe provision rather than the three key types defined in the Warnock Report (DES, 1978). This stemmed further controversy concerning the exact meaning of integration. The term was criticised and was later claimed that integration was not anxious with the worth of childrens experiences in mainstream schools but much rather the inclusive pedagogy (Farrell and Ainscow 2002). While children were included in the school environment, the principles of an inclusive school were not meeting their purpose. Allan (2008), as cited by Bryce and Humes (2008) argued that even children in mainstream schools could be segregated (feel isolated) within a classroom, which posed the question, how were teachers to know if childrens needs were met adequately? For several reasons, the term SEN was emphasised which lead to a more common way in describing the degree to which a child who had SEN, was truly integrated within mainstream schools (Farrell and Ainscow, 2002). In this sense, the term signified the degree to which a school was welcoming and valued individual contributions. Inclusion, therefore, had to more effective in allowing all children to be included and participate fully in the learning environment in order for individual learning needs to be met. Within my placement school there were three supported classes where all experiences were catered for individual childrens needs. Staff worked effectively to ensure all children from the supported classes attended appropriate mainstream classes. For example, one boy in the supported class 7/6/5 attended Primary 4 on a Wednesday morning for Maths. Unfortunately, several schools have not yet moved with the times and still believe children with a disability or who have severe learning di fficulties must be segregated from their mainstream peers (Ekens and Grimes, 2009). I will ensure my positive attitude to this shines through and everything possible is done to include and meet childrens needs. The United Nations Convention on the Rights of the Child (UNCRC) was established in 1989 and was the first legislative document to deal with the rights of the child globally. The agreement has 54 articles which highlight the importance of human rights. Many of the rights are centred on inclusion, particular within education. Two articles that emphasise this are article 28 and 29 which give children the entitlement to an education and affirm that education ought to increase childrens talents in enabling them to reach their full potential. It is evident from placement experience how difficult it is for teachers to progress all children to allow them to reach their full potential. This is due to the wide range of abilities there is within any one classroom. Although this is the aim for all teachers, it is a compound matter that requires great skill in achieving (Loreman, Deppeler and Harvey, 2009). Coinciding with the UNCRC (1989), the Standards in Scotlands Schools Etc. (Scotland) Act 2000 made clear all children go to mainstream schools unless factors, such as unsuitability, harmfulness to other children or cost prohibited children in doing so. The Act had many similarities with the UNCRC (1989); however the main change was that it passed on the right to children to have a say in their education rather than it solely being down to their parents/carers having the decision. Unlike the Warnock Report (DES, 1978) these two pieces of legislation moved away from integration and concentrated more on inclusion. It was clear from this that forthcoming legislation was considering the concept of inclusion much wider than just disability. Count Us In: Achieving Inclusion in Scottish Schools (Her Majestys Inspectorate of Education (HMIE), 2003) was one of the forthcoming documents to have a different perspective. The report stressed the prominence of inclusion being a key priority within Scottish education. Throughout the report, suggestions are given to teachers on how to approach inclusion and features of what makes an inclusive school are stated. One feature focuses on providing an inclusive curriculum for all children using the support from services and outer agencies to help enhance learning. Both Cline and Frederickson (2009) also believe this is a significant factor in developing an inclusive school. The Scottish curriculum, Curriculum for Excellence (CfE) (Scottish Government, 2007) caters for children aged from three to eighteen and provides a smooth and seamless transition from sector to sector. Every sector use the same curriculum which not only is inclusive for children but also for staff as this is maintai ned right through to secondary school. Those who are involved in childrens learning collaborate effectively ensuring previous learning is built upon, making transition and learning as inclusive as possible (Scottish Government, 2007). This links with the principle coherence of CfE (Scottish Government, 2007) which stresses the importance of learning being clearly connected and developed from previous experiences. Reeves and Fox (2008) however, disagree with the curriculum being inclusive in this sense as they say that it is school practices that influence teachers attitudes. If schools disregard collaborative approaches as an effective step to successful transition then they will take no pride in doing so, which results in the curriculum being far from inclusive. Having awareness of the benefits, I will endeavour to cooperate with other professionals to make childrens transitions as efficient as possible.

Sikh struggles in India and U.S. Essay -- Culture Cultural Papers

Sikh struggles in India and U.S. John from the Sikh religion kills Peter, a government official. David, another government official, kills Paul for being a Sikh. John is convicted but David is not. What about when an Indian comes to the U.S.? Indians have changed their cultural traditions so that their family can be accepted and their kids are not made fun of for being "different." These fictional names and situation has occurred to the Sikh religion. It has gone through political issues in India and cultural problems in the U.S. Sikhism, a religion that originated in India, and especially in the state of Punjab which currently is 60% Sikhs and 36% Hindus. Two centuries have past and Sikhism has become the third major religion of India according to Edward A. Gargan in "Though Sikh Rebellion Is Quelled, India's Punjab State Still Seethes" (A8). According to Sikh Missionary Center in Sikh Religion, Guru Nanak founded the Sikh religion, which consists of ten Gurus (1469-1708). The last one proclaimed the Guru Granth Sahib is the Holy Scripture. The Sikh Missionary Center also describes the characteristics of this religion as the rebirth to a less important position is a punishment, to live is a blessing and salvation is achieved by meditating on Nam" (5). Guru Nanak or Baba Nanak can be considered the Jesus of the Sikh religion. According to Donald Lopez S. Jr. in Religious of India in Practice, Nanak was born in Punjab in 1469 and died in 1538 or 1539 (449). He was raised Hindu in a Muslim area of India and believed in a religion from within, not like Hindus and Muslim that believe in liberation: renouncing external features of the religion (Lopez 449). One tale about Nanak involves a time when he encountered some peopl... ... Edward A. "Though Sikh Rebellion Is Quelled, India’s Punjab State Still Seethes." New York Times 26 Oct. 1993: A1, A8. Goodstein, Laurie. "At camps, young U.S. Sikhs cling to heritage." New York Times 18 Jul. 1998: A1, A7. Juergensmeyer, Mark and Barrier. G. Sikh Studies. Berkeley: Graduate Theological Union, 1979. Lopez, Donald S. Jr.. Religions of India in Practice. Princeton: Princeton UP, 1995. Mansukhani, Late S. Gobind Singh. "Introduction to Sikhism." New Delhi: Hemkunt, 1977. Online. (12 Mar. 2000). <http://photon.bu.edu/~rajwi/sikhism/mansukh7.html#q125>. Perez-Pena, Richard. "Sink Temple Helps To Bind A Community In Mourning." New York Times 27 Nov. 1994: 53. Sikh Missionary Center. Sikh Religion. Arbor: Braum-Brumfield, 1990. Singh, Teja. Sikhism Its Ideals and Institutions. Bomby Calcutta Madias New Delhi :Orient Longmans, 1951.

Nestle Strategic Management Essay

I. INTRODUCTION Background of the Case Nestle came to the Philippine as a trading company . They are the largest producer and marketer of food products in the world who merged with San Miguel Corporation.Nestle is the only multinational enterprise that produced coffee in the Philippines and no other foreign brand names produced under license. Nestle was also the most transitional company in the world with billions of sales, assets and profits. Although coffee consumption in the Philippines has increased double so as the market share gaining from 52% to 66% .Their position in the market has been rising and falling due to the continuous entry of foreign competitor and the increasing production cost of raw materials. Statement of the Problem Over the past years, market share of Nestle in terms of coffee products has been fluctuating due to the new entry of branded and non-branded products. Although Nescafe has a strong brand name still the management is concern on how they can strategically maintain and improve the performance of their product from a globally competitive world. Moreover, an increasing dilemma of Nescafe emerges from the entries of foreign investors who caters a lower price of their coffee brand and are aggressively competing with them in Philippine market. Objectives of the Case Study The objectives of this study is to know (1) what are the threats that affect Nestlà ©Ã¢â‚¬â„¢s pose in the market and (2) the strategies and tactics to maintain a high market share despite a globally competitive world. II. FACTS OF THE CASE In 1905 Nestlà © was created after a merger between the Farine Lactee Henri Nestlà © Company and Anglo Swiss Milk and was diversified into a wide range of products during the post war period. And in 1930’s, Nestle came to the Philippines as a trading company joining San Miguel Corporation who was at time the largest brewer in the country associated with different diversified products. By venturing with San Miguel Corporation, Nestle had given then 45 percent equity share while the rest sixty five percent was owned by Nestle AA of Switzerland. Nestle Switzerland was the largest producer and marketer of food products in the world wherein it ranked ninth based on its asset and twenty fifth on the sales. In terms of employment, Nestle ranked as tenth and was brand as the most transitional company in the world. Nestle Philippines has produce and sold products from ice cream to tetra pack juices, pastas and sauces, seasonings and dressings, candies and condense milks. Moreover, th ey also sold Nescafe, Nestea, Milo, Coffee mate and other powdered milk. Together, these products represented seventy five percent of Nestle Sales. Meanwhile, Nescafe alone has represented fifty three percent of the department sales making the Nestle Philippines ranked tenth among Nestle subsidiaries worldwide and 3rd in the Asia Pacific region. In early 1990’s the government had greatly liberalized its regulations on foreign direct investment. Most FDI with sales directed to the domestic markets had to be at least 40% Filipino Owned. Laws were change in 1992 wherein 100 % foreign ownership was allowed in most industries, thus, wholesale distribution was opened to foreign investors. Because if the smooth transition from President Aquino to President Ramos in 1992, economic growth had begun to accelerate expecting to reach 7% in 1996 Nescafe was viewed as premium product yet many people tend to shop in a small store despite the price difference 20% lower price. According the r esearch that they have conducted its market was highest in a small stores, amongst this, market share was highest outside the big cities Historically, Nescafe had been a major producer of coffee in the Philippines. In 1996, Nescafe commanded a 66 percent of the coffee market in the Philippines. Nescafe had a very strong image and became the household brand when ordering in a restaurant. However, Great Taste who was founded by Gokongwei Group and other producers who were entering in the market was offering a big discount over Nestlà ©Ã¢â‚¬â„¢s price has given Nestle a loss of market share from 75% in 1965, 60% until 55% on the proceeding years. With this, Nestle had to reduce its price within 5% of its competitors but still preserving the margins. This starts for Nestle to regain its market share. Prior to 1996, imports of coffee beans, processed coffee in bulk, and package coffee had been prohibited. All coffee sold in the Philippines had to be produce in the Philippines And all coffee produced in the Philippines had to be made and grown in the Philippines. But in January 1996, the situation had changed radically. The Philippines government had committed under GATT and WTO to remove many of its import prohibitions generally in agricultural products. Overtime the government had committed to increase Minimum access volume (MAV), reduce tariff on imports within MAV, and reduce tariff on import outside MAV. This has given Nestle a dilemma on facing a threat of imports especially that awareness of foreign brand was very high in the Philippines With the objective of Nestle of selling coffee at best p rice, size and taste in all segments of market, they have took several initiatives to retain and reinforce their market position. Basically, Nestle never believed in price competition because they can withstand others and retain their position in the market through their strong brand name and reputation. III. ANALYSIS OF THE PROBLEM Strength Nestle is the largest producer and marketer of food products with over 100 factories operating in the world. In addition, Nestle was named as transitional company in the world. Furthermore, Nestle provides quality brands and products and line extensions that are well-known, top-selling international brands. Weakness They have less customers as per research in few areas. They do not have direct market outlets and this can be one of the weaknesses as it can cause difference in profit made. Moreover, their weakness is not having enough raw material production units; they depend on either local raw material producers or through other trade channels. Also, the branding and promotion of Nestle is not extensive, therefore competitors get chance to penetrate in the market by fetching substantial share of the market Opportunities Nestlà ©Ã¢â‚¬â„¢s weakness of not having a direct outlet can be converted as an opportunity by introduction of new direct outlets. Merging of Nestle with San Miguel Corporation, is an example of opportunity through this merging nestle can enter the new market, which is easy because of the existing companies. Threats Nestles threat would be the fast growing international brand of its competitors who are now entering in the coffee market and are capturing the curiosity of consumers. This affects the market of Nestle since Nescafe struck as a local brand and Filipinos are more likely to have this â€Å"imported mentality† that prefer imported products than those of Filipino made. Another threat would be the increasing price of raw materials. IV ALTERNATIVE COURSE OF ACTION. 1. Invest in Research and Development. Through Research and Development they could come up with a more innovative ways on how to improve their products according to the needs and wants of their customers. 2. Produce more effective promotions. This marketing strategy will help Nestle to outwit their competitors and capture the heart of consumers. Promotion is one of the best ways to keep the familiarity of their consumers on brands. Promotion can be though TV and Radio advertisements, Print ads, social networking site and sampling of products to target customers. 3. Rehabilitation of facilities, factories and local farms. Since one of the factors that affect the market share of Nestle is the lack of direct outlets they might as well invest in installing more factories to cater customers on outskirts places. Local Farms on the other hand will help produce more raw materials and will result to reduce their cost and improve profit. V. CONCLUSIONS On the alternative course of action given, research and development stands as the highest ranked amongst the alternatives. Investing with Research and Development will guide Nestle to bring innovations and renovations of product that will give them a competitive advantage over other foreign and domestic rivals. As they encounter a high level of competition especially in the globally challenged environment. Any increase in the competitive environment may have an unfavorable effect in their business, earnings and growth. Through competitive intelligence, the company gain insight needed to create a competitive advantage and come up with strategic decisions on how to compete against their rivals to maintain their position as the number one producer of food products. VI. CHANGE MANAGEMENT Once Nestle exercise the concluded option, they will able to deliver product that would create value and appeal to their consumers. Renovation of existing product will keep their pace in the industry and will help them meet consumers’ expectations. Innovation of products on the other hand will help them maintain their position in the market. They will able to reach and go beyond what the consumers expect about the product. Through continuous renovations and innovations they will able to rise and compete in a globally challenge environment. VII. RECOMMENDATIONS: Monitoring and evaluating their products and market continuously gives Nestle a clear vision of their market position and it will help them to shape a proper competition to take advantage over their competitors and also to set up a better brand image. Nestle can improve its profit margin further by establishing their own retail outlets, thus, ensure availability of products to the hand reach of the customers. On the other hand, the cost of raw materials has been on a rise over the past few years which have caused an increase in the production costs. Local farms that will produce their raw materials will reduce their cost and hence, improve their profit.

Defining Capitalism and Command Economies

Defining Capitalism and Command Economies of Economics â€Å"Economics is the study of how wealth is created and distributed† which, includes â€Å"the products produced and sold by business† (Pride, Hughes, & Kapoor, 2011, p. 10). When studied, it is the science or the financial considerations of the buying, selling, and the production of goods and services that are consumed by our world and its people. There are two different perspectives when studying economics.Microeconomics and macroeconomics are different in that microeconomics is the study of the individual and business decisions that affect the economy, whereas macroeconomics is the study of national and global economy (Pride et al, 2011, p. 10). Together, micro and macroeconomics examine the decisions of individuals, businesses, the government, and society and how all of these people deal with making and distributing the money that is derived from the production of services and goods. These decisions combin ed with the prosperity of the nation, determine the economy.There are two different economic systems in today’s world. Capitalistic nations and those nations that are run under command economies are the two systems that can be found across the globe. The two systems differ in two major ways. First, they vary in the ownership of the factors of production. These factors are the land and natural resources, labor, capital, and entrepreneurship (Pride et al, 2011, pp. 10-11). Second, the way that particular nations system answers four questions listed by Pride, Hughes, and Kapoor (2011), determines a nation’s economy (p. 11).Those four questions listed are concerning what products, how the products, for whom the products are produced and who owns and controls the major factors of production as aforementioned. One major understanding on the impact a nation’s economic system has on all the economic activities of its citizens is when there is a consideration that a coun try’s system determines how the factors of production are used to meet the needs of the society it supports (Pride et al, 2011, p. 11). An eighteenth century Scottish economist, Adam Smith published a book in 1776, called Wealth of Nations.Smith argued that a â€Å"society’s interests are best served when the individuals within that society are allowed to pursue their own self-interest† (Pride et al, 2011, p. 11). Smith came up with a term called the â€Å"invisible hand† which describes how people work hard when they know they can benefit financially from the goods or services they can provide and as a result, these personal financial gains benefit others and that nation’s economy. Pride et al (2011), discusses how the success of people in the community and therefore the success of the nation, can be tied indirectly to the success of the individual small business owners (p. 1).Smith’s ideas promote individuals should have the ability to suc ceed and create wealth by owning property and resources. The government should not be involved in the market and should be limited to government duties owed to the nation. This system Smith describes, is known as laissez faire, declares the government should have no interference in the economy and solely provide defense against enemies, ensure internal order, and furnish public works and education (Pride et al, 2011, p. 2). Smith also believes in the concept of market economy, where the producers and buyers of good and services determine the amount produced and the selling price. As stated earlier, resources should be owned by individuals and they should be entitled to use and sell their goods as they choose, in addition to enjoying the benefits from ownership of these resources (Pride et al, 2011, p. 12). Very different from that of a capitalistic nation, is the economic system, called a command economy.Whereas capitalism suggests individuals own and operate the majority of busines ses that provide goods and services; the government decides what goods and services, how they are produced, for whom will they be available to, and who owns and controls those four major factors of production discussed earlier in command economies (Pride et al, 2011, p. 14). In essence, the government is the controlling and deciding entity of how the resources are used and produced and by whom they are controlled by.Today, most countries that fall within a command economy are considered to be a socialistic economy. Key industries such as transportation, communications, utilities, banking, and important industries that produce material such as steel are owned by the government (Pride et al, 2011, p. 14-15). Although small private businesses may be allowed to certain degrees, many citizens work in state-owned industries. Communism is another example of a command economy.This is a â€Å"classless society whose citizens together owned all economic resources† (Pride et al, 2011, p . 15). These citizens would then contribute to the economy as they could and would receive benefits that were needed back from the distributions by the government. Different than a socialist economy, workers do not have much of any choice when given a job, but those who had special skills or talents were often viewed as being compensated more than that of an average citizen.Often citizens of command economies go without the essential needs or the wants of society because the supply of good and services is determined by the government and not the consumers themselves. Today, many traditional countries that were though of socialist nations are transitioning to a free-market economy. According to Pride et al (2011), this is also considered a market economy where businesses and individuals decide what to produce and buy, and the market determines prices and quantities sold. Communism is fading out and these economies are now similar to what was considered socialist.Northern Korea and Cu ba are probably two countries that are the best examples of today’s communist economies whereas those that once were thought of communist countries are now considered socialist or even capitalist nations. The United States falls under what is considered a mixed economy, where there is both capitalism and socialism. Free market economies, which fall under capitalism, are those nations currently transitioning such as France, Sweden, and India (Pride et al, 2011, pp. 10-15).References Pride, W. M. , Hughes, R. J. , & Kapoor, J. R. (2011). Foundations of business (2nd ed. ). Mason, OH: South-Western.