Industry Analysis Essay Example | Topics and Well Written Essays - 1250 words

Industry Analysis - Essay Example rs behind the recovery of the global economy, which had been adversely affected by the recent financial crisis and its financial shocks for the past five years (Pendrill 4). Currently, the industry is worth USD 800 billion, and market analysts predict that the global market for vehicles, particularly that of cars and light vehicles will increase from the current 80 million units bought annually, to reach more than 100 million by 2020 (Pendrill 4). Market analysts are forecasting that that the larger portion of the market expansion will come from emerging economies, including India and China among others. According to the statistics provided by the World Bank, car ownership in these markets stands at 58 cars per 1000 people in China and 18 for India; these figures are not comparable to those of European countries, where the average ratio is more than 500 cars per 1000 people. The high car ownership ration shows that European markets are saturated, therefore will not be the major drivers of market growth for the industry (Pendrill 4). In the recent past, the leadership of the automotive industry has featured three dominant players, including Toyota Motors, General Motors and Volkswagen AG. As of April 2013, these three giant players competed against one another, with the target of taking the top place (Muller 1). The race remained tight between the three main players, in the areas of production output and that of sales levels. During the year 2012/13, Toyota made sales of 9.7 million cars and trucks, which gave it a better standing, as compared to General Motors. General Motors, during the same year, sold 9.29 million cars and trucks and Volkswagen sold the least number of units out of the three companies; Volkswagen sold 9.1 million vehicles. However, from a comparison of the revenue levels, the profits made and the value of assets, Volkswagen was the unchallenged winner; VW made higher figures, when compared to the two other main competitors: Toyota Motors and GM

Against Legalizing Prostitution Essay Example | Topics and Well Written Essays - 1000 words

Against Legalizing Prostitution - Essay Example nthropology, and Social Work at Central Michigan University and Shekarkhar works at the Department of Sociology and Criminology & Law at the University of Florida. Hayes-Smith and Shekarkhar focus on the flaws of the current construction and propose alternative constructions instead of prostitution decriminalisation. According to Hayes-Smith and Shekarkhar, prostitution remains illegal in most parts of the US. The authors question whether there is empirical evidence to support United States’ argument that prostitution must remain illegal for maintenance of public health/safety. According to the article, there are four assumptions of laws on prostitution. These assumptions include illegalisation of prostitution deters the soliciting of such services, prostitution spreads sexually transmitted diseases, sex work increases the vulnerability of prostitutes to victimization, and prostitution creates social disorder. Hayes-Smith and Shekarkhar argue, â€Å"†¦these assumptions have fear-inducing component directed towards prostitutes† (45). The authors add that the assumptions may also not be empirically valid. Hayes-Smith and Shekarkhar believe that laws on prostitution are directed towards benefiting certain people and groups in society, but devastating others. Community members do not have common beliefs; hence, the laws are beneficial who believe that exchange of sex for money is morally reprehensible and a way out of the traditional family order. The authors posit that illegalisation of prostitution leads to injustices because it stigmatizes sex workers, infringing their right to use their bodies as a source of income. The flaws identified in the current prostitution laws makes Hayes-Smith and Shekarkhar call for an alternative construction for addressing the inefficiencies. Additionally, Hayes-Smith and Shekarkhar posit that prostitution should actually be decriminalised because it is rampant among the upper class citizens whose chances of criminalization are