Article review Essay Example | Topics and Well Written Essays - 500 words - 6

Article review - Essay Example 1). A Mouse Resource Browser (MSR) was presented, â€Å"a database of mouse databases that indexes 217 publicly available mouse resources under 22 categories and uses a standardised database description framework (the CASIMIR DDF) to provide information on their controlled vocabularies (ontologies and minimum information standards), and technical information on programmatic access and data availability† (Zouberakis, et.al., 2010, par. 1). The discourse briefly introduced the need to achieve the authors’ identified objective and progressed by proffering the design, implementation and accessibility of the proposed database. The MRB which was the focus of the article was described as â€Å"the front-end of a relational, fully normalized PostgreSQL database, and is a typical Java EE application that follows the MVC architectural pattern, generating three transparent layers: the Enterprise JavaBeans (EJB) layer, the intermediate Session layer and the interface/web layer† (Zouberakis, et.al., 2010, par. 5). The general content of the article was explained in greater detail in terms of management, delivery and structure. Likewise, an online questionnaire was designed for curatorial purposes. Several illustrations and graphical representations were provided to diagram the MRB architecture and to depict the online responses, curatorial information, ontologies, and accessibility, among others. Finally, a discussion of the proposed MRB’s beneficial contributions to scientists and professionals in the fields of genetics and biomedical sciences was clearly expounded; and the source of funding was appropriately acknowledged. The authors were effective in attaining their objective to â€Å"provide useful information to both bench scientists, who can easily navigate and find all mouse related resources in one place, and bioinformaticians, who will be provided with interoperable resources containing data which can be mined and integrated† (Zouberakis,

Global International Markets Research Paper Example | Topics and Well Written Essays - 2250 words

Global International Markets - Research Paper Example According to Wensley, global strategic market is â€Å"initiating, negotiating, and managing acceptable exchange relationships with key interests groups or constituencies, in the pursuit of sustainable competitive advantage within specific markets, on the basis of long run consumer, channel and other stakeholder franchise† (Wensley, 1982). The Wal-Mart Wal-Mart is one of the largest retail stores chain in the world and was established in 1962. On the basis of the strategic perspective, the Wal-Mart is structured into three main segments namely, Wal-Mart United States, Sam’s Club and Wal-Mart International. According to the statistical report of the company, in 2011, the Wal-Mart’s revenues constitute up to about three-fifth of the United States market. The web portal, Wal-Mart.com also contributes heavily to the total turnover of the company, constituting nearly 8% of the total revue through online retail operations (Wal-Mart 2011). Today, the company operates th eir business in over 15 countries, accounting for 25% of their net sales. Their selling policy includes promotion techniques of discounting outlets, restaurants, superstores, retail stores and multiple formats of outlets, to gain the maximum satisfaction of their customers especially in countries like China and Japan. The retail and online operations of the Sam’s club contributes about 10.5% in terms of annual revenues to the company. Moreover, the company holds the top position for employing over 2.1 million people, which remains bigger than all other major retailers (Carrefour, Tesco and Metro AG) put together (Wal-Mart 2009).Besides, the company functions nearly 3000 superstores, 720 discount outlets, and more than 600 Sam’s Club outlets in the United States. Globalization of Markets Globalization of Markets refers to the integration of national markets into one large global marketplace. Today international trade has become much easier as the hurdles of crossing the borders for trade is eradicated. All companies like to offer a standard product worldwide. However, there are considerable variances existing among each market such as, consumer tastes and preferences, cultural variations, and legal regulations. Such variations in the international market make a company to adopt strategies that may match with the conditions of a country’s market. Wall-Mart may still require diversifying their products across each country according the local tastes and preferences. Globalization of production The term globalization of production is associated with sourcing of goods and services from various locations across the globe while taking advantage of the variations in cost and quality of factors of production across the regions. Here, Wal-Mart operates over 4200 outlets in the global markets and which constitutes a quarter of its annual revenues. Its efficiently running primary retailer markets like Mexico and Canada enhance a fast market expansion a cross South America, Africa and Asia (Wal-Mart 2009). Driving Forces There are various drivers of globalization in the global marketplace. When a company becomes subject to these forces, they practically become candidates for globalization. The major driving forces of globalization are; technological advances, global economic growth, converging market needs and wants, pressure to improve quality, opportunities for