Kiva as a Non-Profit Organization Assignment Example | Topics and Well Written Essays - 500 words - 1

Kiva as a Non-Profit Organization - Assignment Example Another reason for Kiva’s success is the popularity of micro-financing for small investors and this financing motivates them to start their own business, and then pay back the amount. The internet has benefited the company as there are no entry barriers and this is because the company has been able to reach globally. The method of the transaction is easy and fast which is another advantage for the company. Many international celebrities are also responsible for the success of Kiva as they regularly support the cause of the company by participating in different events organized by Kiva (Zenker). The reason why Kiva is different from other organizations is that it employs different strategies that ensure the repayment of loans taken by people from different countries. The company has made different field partners who are directly responsible for providing and collecting loans for the company (Anderson and Ramirez). These partners are either small firms or individuals working in different countries for making operations of Kiva unique from others. The product philosophy of Kiva also makes the company different from other organizations as lending is perceived as a method of communicating with other people (Anderson and Ramirez). The company believes that lending is related to the exchange of information, and it creates a strong binding and communication between the people involved in this trade. The focus of Kiva is not on profit, and this is because it is different from other lending organizations. The company believes in making business relationship with people rather than b enefactor association and unlike other non-profit organizations that are appealed by people’s compassion, Kiva is attracted towards them because of its interest in businesses (Anderson and Ramirez). The Kiva model can work for larger loans if the company is able to make a strong chain of field partners in countries where  heavy loans are provided to large firms or organizations.

Globalization Essay Example | Topics and Well Written Essays - 750 words

Globalization - Essay Example Collectively, they explained the dynamics of the global business landscape and the variables that drive the numerous processes at work within it. Concepts such as culture, technology, knowledge and the legal and political diversities found in various national economies all combined to demand new and complex requirements for multinational companies. These has called for their transformation as truly global organizations through changes in their organizational structure and the adoption of new business strategies in order to address the unique challenges and issues posed by the global environment. Before this module began, I have an inkling on what globalization is and its impact on both organizations, national economies and consumers. But my knowledge was limited to the superficial, abstract and general concepts. For instance, I know that globalization threatens local companies and could endanger their very survival because of the superior strength of the resources available to multinational companies that are invading the local market. But this module enlightened me further on the fact that it is not always easy for multinational companies to do this. ... † (p8-9) Secondly, there is the form of globalization that relates to the way organizations structure, control and manage their value-chains in terms of global operations. This is done â€Å"according to the availability of resources, cost levels, skills, quality and a host of other variables. (p. 9) These two forms of globalization supposedly were responsible for the emergence and the perpetuation of multinational companies who have already surpassed small national-economies in revenue generation. The third form, is characterized by how globalization adversely impacts several areas such as the democratic system, the environment, national cultures and identities, among others. (p. 12) The sheer complexity of the globalization economic model, hence, calls for a multidimensional approach by which stakeholders navigate its processes. Stonehouse, Campbell and Hamill emphasized, for example, that it should already be obvious how multinational/transnational companies must never adop t a global strategy that is primarily characterized by global standardization because it will fail. (p. 8) Companies have to make some fine-tuning in their strategies every time they enter a market. The reason is that each country has its own national circumstance. This can also be demonstrated in the numerous organizational configurations developed in order to pursue different objectives and address specific areas in the global business environment (see figure 1). Motives, Strategies and Organizational Configurations (Source: Bartlett and Beamish) As I saw from the diversity in organizational structure, I understood the sense in rejecting a global standards in strategy. For example, the Centralized Hub organizational model may work in some economies or markets with fierce competition but may not