Saturday, October 19, 2019
Carrying An Activity Is Related To Money
Discuss About The Carrying An Activity Is Related To Money? Business stands for carrying an activity that is related to money. It is operated in every part of the globe and as the business grows, it looks for more opportunities across the border. International business is the term that is used for the operation and objective of a nation that have some interest in other countries. International business includes all the commercial transactions whether it is private or governmental, sales, investments, transportation that takes place between two or more religions, ethics, culture or nation. Many companies such as Tesco, Disney, and Ford are having its business operations in other countries to earn profit and to grow its business. With more opportunities, the international business is also very complex. And for solving these complications, organisations appoints international managers. They are the ones who ease the companyââ¬â¢s operations in other countries. An international manager is a wide-ranging title for an executive who handles the c orporationââ¬â¢s global processes. Large companies recruit numerous departmental international managers such as managers who are in charge of worldwide sales, social marketing or foreign business. This study will elaborate the challenges and possible opportunities for the managers that are operating in a global environment. It will outline a brief description of international environment and the challenges that managers face while operating in a global business environment. In addition to this, the essay will also demonstrate some practical examples for an Australian organisation which is facing challenges in the international competition and expansion. At last, the study will outline the personal views of the researcher. International business is the term that is used for the operation and objective of a nation that have some interest in other countries. International business includes all the commercial transactions whether it is private or governmental, sales, investments, transportation that takes place between two or more religions, ethics, culture or nation. It comprises any type of trade operations that overlaps national boundaries. In the terms of definition scale, international business is demarcated as companies that purchases or sell goods or facilities across two or more nationwide borders, even the administration of the company is situated in a single nation (Teagarden, 2017). Starting a commercial operation in a foreign land is a thrilling prospect, but the management of the company must be equipped for the range of encounters that come with functioning in a massively dissimilar situation. It is important for the managers of these organisations to reflect the economic, political and soci al climate of the region in which the company is going to function. Having a rigorous research about the republic in which the company is going to operate will enable the managers to face the difficulties or challenges associated while operating overseas. While the global business context faces environmental issues, a small portion of international manager environmental substructure shows a crucial character for the business. Foreign rivalry impact local competitiveness and its safety is the primary reason that tests every manager ("Managing Human Resources in an International Business", 2017). In order to maintain their visibility in the international marketplace, they must deliberate the encounters and how they discourse them. Here are the main challenges faced by international managers: Communication is the key attribute of every prosperous industry, so international manager has to acquire some level of confidence in the local language and that must be their first importance before interacting with any native client. Not having rudimentary knowledge of local language will create problem for the managers regarding not being able to directly coming to the point. Culture is another problem for managers (Mackenzie, 2010). Not having knowledge about local way of gesture sometimes makes clients unhappy. If the sales are increasing overseas, international managers have to find the means to steer language barricades that may increase towards customer service centre of the organisation.à à According to Klebber Terra, the director of operations at the Samarco mine in the south-eastern state of Minas Gerais, stated that BHP Billiton is facing problem while operating in Brazil. The CEO of BHP Billiton, Andrew Mackenzie stated that the company is very sympathetic and distraught on the operation problem faced by the community. Dealing the business operations in different countries with different cultures, background and language, always creates issues for the service department of an organisation. In these situations, it is important for the international manager of BHP Billiton to have native call centres for the customers which can handle the issues. An organisation business operation could falter quickly if international manager of the company are unaware of the commercial legitimacies and guidelines of the nation in which the business is functioning. Governmental controls, tax rules and health and safety principles vary from site to site and country to country ("International Culture", 2017). It is important for the international managers to study the laws that disturb the corporationââ¬â¢s processes. It is important for them to direct all the necessary investigation and connect the findings and prospects all over the business. It is important for them to understand the several rules and guidelines that manage the company merchandises and services. International managers must conform to the tax laws of the dissimilar countries along with constitutional export conventions. The management of BHP Billiton preserves ethical dealings with the administrations and their assistances, officials and staffs. The companyââ¬â¢s aptitude to bear business is unswervingly influenced by foreign government decision making and it is significant for the firm international manager to have exposed and productive dealings with the government. In the Samarco disaster, the town of Bento Rodrigues was completely destroyed. It is evident that the Samarco mine is jointly owned by mining giants Vale of Brazil and BHP Billiton of Australia. With the disaster, and with the countryââ¬â¢s laws and regulations, BHP Billiton and its ventured company had to sign a deal with the state and federal public prosecutors to pay US$262 million in damages. It is important for the executive of BHP Billiton to keep more concern about the environmental issues of a foreign state so that it could prevent penalty from the foreign government.à à à An organisation is likely to deal with foreign currency while operating overseas. In order to complete the transactions successfully, international managers must study the conversation rate to keep up with the up-to-date exchange rates ("International Business- An Overview", 2017). Having mistaken in bookkeeping due to inappropriate calculations could generate a false reportage and legal difficulties, which can reduce the solidity of companyââ¬â¢s foot line. International managers for preventing incorrect calculations and other matters must progress a clear company-wide strategy to initiate the workers on accounting performs including the foreign exchange. à Another issue in currency is its ups and downs. For BHP Billiton, the fall in the Chinese market is a very big concern. It is important to state here that China represents the 61% of the global seaborne iron ore demand. For BHP Billiton, sales in China generated $21.6 billion during 2012. But a lower economic growth in China market resulted in the lower prices and demands of the companyââ¬â¢s products and also negatively impacted in companyââ¬â¢s international market result. The revision of International business prominence on the specific difficulties and chances that appear as an establishment is functioning in more than one nation. In real terms, worldwide business includes the most generalised study for the business field that is modified towards an equitably unique across the boundary situation (Guedes & Faria, 2011). Directing worldwide business is like operating a new field where worldwide managers have to absorb the influences that are essential for operating in that field. Managers who are shrewd in recognizing new conducts of doing trade that please the altering primacies of foreign administrations have a clear and chief modest benefit over their participants who cannot or will not familiarize to these altering primacies. It is evident that BHP Billiton is in the commodities business and this is the thing that most of the foreign investors recognise. As the organisation operation is based on the prices it obtain for their oil, gas, minerals in the world markets, which have been subjected to substantial volatility. It is important for the firm betrothed in worldwide business doings to include a global viewpoint. An establishment supervisory principles can be demarcated on the basis of three board categories namely, services or products to the market assisted, abilities and consequences. But, these viewpoint of global business in significant to recognise and appreciate the complete meaning of international trade (Future international manager, 2014). An establishment international manager must openly define the companyââ¬â¢s guiding values in terms of international mandate instead of allowing companyââ¬â¢s guiding principles on the terms of international adjust to its national happenings. Having a global outlook on the firmââ¬â¢s basic declaration of purpose will assist in focus of the executives on the opportunities outside the domestic market. à à à For international managers, it is important to formulate and implement a set of commercial plans for defining the companyââ¬â¢s guiding philosophies in the marketplace of a foreign land (Dlabay & Scott, 2011). These guiding principles relative to all the other things should deliver a long-term view of what the establishment is trying to become and achieve and should provide way to the central and subsidiary directors operations with the internationalisation of its markets. Every strategy of international manager comprises a number of secondary approach options. The decision procedure that usually develops in the marketing approach area is an operational one (Dlabay & Scott, 2011). As the international managers develop around a decision circle, previously particular strategies need to be modified. The shares of BHP Billiton got tumbled after the announcement of the company about writing down its multi-billion dollar US assets with its news on the Samarco mine, Brazil. The amount of issues a firm faces is increased while it starts operating in an international market. In international market, decision making process of the managers becomes more complicated. It is evident as one is dealing with multiple currency, legal marketing, and political, economic and cultural schemes (Czinkota, Ronkainen & Moffett, 2011). Geographic and demographic factors are the other things that differ widely. In the international context, it is crucial that the strategic level of the international level must be according to the operating country due to the rigidness of the international environment. A company can change in its implementation while operating nationally in a few months, but if a country is operating globally, contract, custom and law may interfere to make the changes more difficult and could take several years to get settled.; It is evident that starting a business is tough and when an individual is looking for international expansion, it is even tougher. But there are many benefits in expensing the business on a foreign land. There are many advantages such as tax incentives, international partnerships, faster growth and streamlining efficiencies. As per the international situation of BHP Billiton, I learned that the main problem is on the momentum of crafting solutions to the international problems. From my point of view, it is important for the international managers to consider the economic, political and social climate of the region in which the business is going to function. Having a more deep study about the Brazil town situation would have given opportunity to the company to prevent the mine accident. Having a concentrated research about the republic in which the company is going to operate will enable the managers to face the difficulties or challenges associated while operating overseas. Another t hing I think is important is the visibility of the international marketplace. In order to maintain the visibility in the international marketplace, international manager of BHP Billiton must deliberate the encounters and how they address them. If the sales are increasing overseas, international managers have to find the ways to steer language barriers that may increase towards customer service centre of the organisation. With the decrease in The Chinese market, the executives of BHP Billiton could also look on other developing economic countries such as India. An establishment international manager of the stated firm must explicitly define the companyââ¬â¢s guiding principles in terms of global mandate instead of allowing companyââ¬â¢s guiding principles on the terms of international adjust to its domestic activities. Another thing that international managers must consider is the agenda for international business of the countries. It is important to look out for the countries that have strong programs in place to help foreign investors and could help in making the process as smooth as possible. Czinkota, M., Ronkainen, I., & Moffett, M. (2011).à International business. Hoboken (N.J.): Wiley. Dlabay, L., & Scott, J. (2011).à International business. Mason, OH: South-Western Cengage Learning. Future international manager. (2014). [Place of publication not identified]. Guedes, A., & Faria, A. (2011). Globalization and International Management: In Search of an Interdisciplinary Approach.à Brazilian Administrative Review. Retrieved from https://www.scielo.br/pdf/bar/v4n2/v4n2a03.pdf International Business- An Overview. (2017). Retrieved from https://www.pondiuni.edu.in/storage/dde/downloads/ibiii_ibe.pdf International Culture. (2017).à THE ENVIRONMENT OF INTERNATIONAL BUSINESS. Retrieved from https://www.unice.fr/crookall-cours/iup_cult/_docs/_RUGM_Chapter-05.pdf Mackenzie, M. (2010). Manager communication and workplace trust: Understanding manager and employee perceptions in the e-world.à International Journal Of Information Management,à 30(6), 529-541. https://dx.doi.org/10.1016/j.ijinfomgt.2010.04.001 Managing Human Resources in an International Business. (2017). The Internationalization Of Business. Retrieved from https://wps.prenhall.com/wps/media/objects/728/745520/chapter13.pdf Teagarden, M. (2017). International Business in a Wobbly World.à Thunderbird International Business Review,à 59(5), 565-566. https://dx.doi.org/10.1002/tie.21914
Friday, October 18, 2019
Treasury and Risk Management Assignment Example | Topics and Well Written Essays - 2750 words
Treasury and Risk Management - Assignment Example This form of funds can be termed as being subsidiary and the other fact remains that, multinational corporations are the major investments that are often affected by such foreign exchange risks and economic implications. Multinational corporations are firms that operate in more than one country. It is an enterprise that operates globally with several branches in different countries. The control of the activities and operations of these firms is done at the home country with subsidiary managers given fewer powers to make important decisions. Managers in Multinational Corporations get accessed to global knowledge and skills through training that are important for them in the process of carrying out their global duties. They are well trained in order to compete well in the global environment. These firms lead to transfer of knowledge and technology in several countries in the world especially a case where labour is recruited from the global environment (ENGEL, 2011). A floating exchange rate refers to the countrys exchange rate system whereby its nature of currency is largely set by foreign-exchange institutions through demand and for that specific currency being more comparative to others. Thus, such kinds of exchange rates often transforms freely with the main determinants being the aspect of FOREX trading (BARTH & WONG, 1994).à There is often an overall claim regarding the aspect of floating exchange rates being more preferable toà the fixed exchange rates. This is based on the fact that, floating exchange rates normally makes some automatic adjustments, hence enabling a given country or nation to dampen the effects ofà foreignà business cycles and shocks, and the aspect of pre-empting the greater possibility of resulting into aà crisis regarding balance of payments (KLEIN & SHAMBAUGH, 2010).à On the other hand they work towards engendering unpredictability due to their dynamism. The main argument for such a
Outsourcing implications and impacts Essay Example | Topics and Well Written Essays - 1500 words
Outsourcing implications and impacts - Essay Example With the passage of time, when the size of companies increases as compared to their resources then ââ¬Å"outsourcingâ⬠becomes a final choice In this scenario, they outsource their business operations to some outside firm and put attention on their core business activities. However, throughout the outsourcing procedure, it is essential for the company to clearly explain its particular organisational requirements, select the exact suppliers, administer the change process efficiently, manage the outsourcing relationship with suppliers effectively, and simultaneously build up a continuing affiliation with the supplier (Cooke et al., 2005). This report discusses a detailed overview of the concept ââ¬Å"outsourcingâ⬠. This basic aim of this research is to explore the implications of outsourcing and the longer-term impact of outsourcing for the strategic and operational roles of the logistics and supplies functions. Outsourcing: An overview After 1990 there emerged a fashion in business reformation towards a ââ¬Ëfocus on core processesââ¬â¢ and outsourcing of other activities in different corporate operations. In this scenario, corporations looking for to pay attention on their core business have a propensity for outsourcing non-core processes to other firms that are experts in these domains. Outsourcing is defined as the agreement with a different corporation or individual to perform a specific job. Approximately every business subcontracts in several ways. Usually, the task being subcontracted is recognized noncore to the corporate. For example, an insurance company might outsource its janitorial as well as background processes to businesses that focus on those kinds of work as they are not associated to insurance or else premeditated to the company. In this regard, the outside firms those are offering the subcontracting services are called 3rd party supplier, or as they are further normally acknowledged as service suppliers. At present, outsourci ng includes a lot of varieties. Additionally, the corporations so far engage service supplier to effectively manage different business functions, for instance remuneration administration. On the other hand, some businesses outsource the entire operations. In this scenario, the majority ordinary types of outsourcing include information technology outsourcing (ITO) and business process outsourcing (BPO). In simple words, outsourcing is a practice of contracting computer related operations, telecommunication networks, call center services or application development to external vendors (Sourcingmag, 2011; Flecker, 2009; Yakhlef, 2009; Laudon & Laudon, 1999, p.381). Implications In ever-increasing competitive business world, corporations put attention on core processes and subcontract non-core processes to other firms. At present, majority of businesses is accepting business process outsourcing (BPO), which refers to outsourcing of non-core business activities in addition to supporting i nformation technology. Moreover, at present for the companies can outsource virtually anything they could care for. There are lots of outsourcing examples such as graphic design work, marketing company products and services, by means of a mixture of virtual assistant services (Adam, 2009), (Maelah et al., 2010; Banerjee & Williams, 2009). A lot of organisations have outsourced their business processes to outside firms for instance, last year Hewitt Associates bought Exult and recently more than 420 USD were paid by the Electronic Data Systems in scenario of human resources outsourcing division of Towers Perrin. There is another example in which the services of Mellon Financial Corp.'s human resources consulting
The Impact of Structural Adjustment Programs on Women in the Essay
The Impact of Structural Adjustment Programs on Women in the Philippines - Essay Example Under the first SAP implemented for the Philippines in 1981, the objective was to reshape a largely protectionist regime under the Marcos dictatorship into an export-led economy through trade and financial liberalization and tight credit policy. However, subsequent events proved the SAP strategy wrong, as evidenced by the depreciation of the Philippine peso by 10 percent in 1983, double-digit inflation and unemployment, declining wages and the unimproved quality of exports due mainly to low production costs and cheap labor. During these years, political opposition to the martial law government of Marcos was escalating, which became a nationwide disturbance when top opposition leader Benigno Aquino was assassinated in 1984 by suspected Marcos hit men. This led to massive capital flight that forced Marcos to call a snap election in 1985, in which the widow of Aquino emerged victorious. As the GDP began to grow by a moderate 5.6 percent under the second IMF-WB program undertaken for the Aquino government (Lim & Montes, 2001), the economy suffered one setback after another as Marcos loyalists held disruptive rallies and renegade soldiers separately staged a series of military coups from 1987 to 1989. This paper examines how SAP failed the Philippines, specifically how and why its required policy reforms marginalized women in the Philippines in terms of meeting their rights to education, health and livelihood. 2. How SAP Worked Against Philippine Women The SAP requirement for an export-led strategy of economic growth created shifts in the use of land and other resources, reorganized production processes, and changed production relations as well as existing social institutions (Sparr, 1994). This was generally how SAP worked to the disadvantage of Philippine women. On land use, for example, one of the main thrusts of SAP is to remove subsidies from agricultural production intended for local consumption and to re-channel the funds instead to the production of cash crops for the export market (Sparr, 1994). Rural women in the Philippines augment the meager income of their farmer-husbands by engaging in the backyard production of crops that can be sold in the local market. Moreover, women share farm work with their men especially in seeding and harvesting. When the incentives for growing crops with a ready market were taken away, the women lost an important source of income to the detriment of her family (Elson, 1995). The problem was that government promoted export production although world prices were extremely low (Lim & Montes, 2001). In the Philippines, land was transferred from the traditional crops of rice and corn to the production of sugar cane, bananas and pineapples with a concomitant increase in the size of holdings and greater mechanization but also a rise in the number of landless households (Elson, 1995). The main result was to further marginalize women in crop production as they are largely excluded from sugar cultivation. Rural women in the Philippines farm for home production and the local markets and rarely is it done for the export
Thursday, October 17, 2019
Triumph of the Will' absolve Leni Riefenstahl from responsibility for Essay
Triumph of the Will' absolve Leni Riefenstahl from responsibility for it's Nazi Propagandist impact - Essay Example Although many people argue that Riefenstahl, who is the director, stands out as a deliberate propagandist through this film, others argue that the form of propaganda exhibited is not as a result of her intention. This paper aims at reviewing this movie in light of the historical and philosophical context as far as the propaganda in it is concerned. How Propaganda Comes in To begin with, the proposition that this film absolves Riefenstahl from the propagandist role that this movie plays can be historically challenged. Even though Riefenstahl is in denial of having well understood the heinous nature of Adolf Hitler, history has its own reservations on the same. As such, her excuse can be dismissed as a simple and odd escapistââ¬â¢s excuse since someone with the creativity and originality akin to Riefenstahlââ¬â¢s is expected to see better, especially on an obvious issues such as the activities of the Nazis and create a film which opposes rather than supports such a movement. As i t would be expected in a natural societal setting, Riefenstahl defends herself that she is not a propagandist and blames it all on her naivety and lack of knowledge on the real identity of Adolf Hitler and Nazism when she was forging out this piece of entertainment. On the contrary, one may find it necessary to argue out that this is just a way of freeing herself from the imminent guilt that she compromised truth so much in order to making money and gain fame using this film rather. Praising someone who is not humane might not trace one to a direct injustice but is tantamount to praising Satan, which does not leave him or her innocent anyway. As such, much as the content and style of this book might be delineating Riefenstahl from any form of propaganda, the historical and philosophical reality of the Nazi movement are in contradiction to what she presents. The fact that one of the major characters in this movie is Hitler himself leaves no doubt that Riefenstahl deliberately underst ood what burden of blame there was to carry as she produced this movie. In fact, this movie is a falsified presentation of the facts and the truths as they were during Germanyââ¬â¢s historical times in as much as Nazism is concerned. For instance, the way the Jews were inhumanely treated over the years that was a key and most defining feature of the Nazi ideologies, a element of truth that is never presented in an objective manner in as far as this movie is concerned. Given the understanding that Hitler himself approached Riefenstahl to deliberately to have her produce this movie (Riefenstahl, 1935) also leaves little or no doubt that Riefenstahl was fully aware of the propagandist intention in Hitlerââ¬â¢s heart and just wanted to use this movie as a tool to accomplish the same. Nothing points out to her denial of this, as there is no any form of evidence of her negotiation with Hitler on how best the reaction or taken care of the world would be tackled given the attempts of the movie to brainwash the people around. The way power has been presented in this movie can be seen as not only falsified but also vague in equal measure. (Reeves, 2004). In this movie, Hitler is brought out as someone who is out to surprisingly bring about cohesion among his people through the endearing speeches he gives to the masses of Nazi followers, which is in contravention of what people really knew about him. History
Community Health Nursing Essay Example | Topics and Well Written Essays - 1500 words
Community Health Nursing - Essay Example Quality of life really depends upon not only what the family can do, but about what the community health nurse can impart to her patient. In the case of Mrs. Thomas, making her comfortable is going to be the nurseââ¬â¢s primary concern. It seems that Mrs. Thomas is on a regime that includes Vicodin, but she doesnââ¬â¢t seem approving of using medication for pain management. However, it is okay for the nurse to reassure Mrs. Thomas that this will help her make a smooth transition in the process in which she is going through. She is in a lot of pain, and managing the pain will definitely take a lot of pressure off of Mr. Thomas knowing that his wife feels better. Unfortunately, many times pain is undertreated by physicians in the U.S. Since Mrs. Thomas is a cancer patient, it only makes sense that she is going to feel badly with the metastasis of the cancer to her lungââ¬âand indeed, it probably is as painful as she has described to the nurse. However, not treating the pain i s going to leave Mrs. Thomas without other recourse, and in the process, Mr. Thomas may become severely affected, seeing his wife in pain and feeling powerless to do much about it. Therefore, the best decision seems to be to treat the pain. This is going to be the greatest help for Mrs. Thomas as she now goes through the dying process. B. Discuss three strategies that you could use in the Thomasââ¬â¢s situation to improve the quality of life for Mrs. Thomas and her husband during this illness. Community health nurses definitely can have a positive impact on being able to improve the quality of life for terminally ill patients such as Mrs. Thomas. According to Larsen and Lubkin (2009), ââ¬Å"By evaluating the extent to which nursing interventions improve quality of life for clients and families, nurses are in a position to [help their clients with this]â⬠(pp. 156). Of course, many times people may argue about what does quality of life mean. According to Sinclair (2007), â â¬Å"Referring to quality of lifeâ⬠¦Ã¢â¬â¢its definition is notoriously problematic.ââ¬â¢ The tendency toward superficiality in measurement of quality of life in palliative care has been [criticized]â⬠(pp. 62). Three strategies that could be used in order to improve Mrs. Thomasââ¬â¢s quality of life would include the following: have her listen to music; make sure she has good hygiene and grooming; and making sure Mrs. Thomas has some visitors so she can get some social interaction, perhaps with her family members who live out-of-state. Music can be a quite calming factor, especially when one is not feeling well. Something light and airy, or classical music, might be especially soothing. In addition, Mrs. Thomas should be very well-groomed and be helped to maintain good personal hygiene so that she doesnââ¬â¢t get any kind of infection. Third, perhaps visits from her family members from out-of-state might be a nice touch, if the nurse could get in contact with th em and see if theyââ¬â¢d like to visit her. Or, alternatively, the nurse might like to arrange a visit or two from a minister of Mrs. Thomasââ¬â¢s faith or a volunteer who cares for hospice patients. Volunteers who work in hospice might best serve Mrs. Thomas if at least one person came to see her on a regular basis so she could maintain some social contact with others outside her husband. C. Create a holistic nursing action plan appropriate for managing Mrs. Thomasââ¬â¢s care at home by doing the following: ? 1. Discuss ways to optimize Mrs. Thomasââ¬â¢
Wednesday, October 16, 2019
The Impact of Structural Adjustment Programs on Women in the Essay
The Impact of Structural Adjustment Programs on Women in the Philippines - Essay Example Under the first SAP implemented for the Philippines in 1981, the objective was to reshape a largely protectionist regime under the Marcos dictatorship into an export-led economy through trade and financial liberalization and tight credit policy. However, subsequent events proved the SAP strategy wrong, as evidenced by the depreciation of the Philippine peso by 10 percent in 1983, double-digit inflation and unemployment, declining wages and the unimproved quality of exports due mainly to low production costs and cheap labor. During these years, political opposition to the martial law government of Marcos was escalating, which became a nationwide disturbance when top opposition leader Benigno Aquino was assassinated in 1984 by suspected Marcos hit men. This led to massive capital flight that forced Marcos to call a snap election in 1985, in which the widow of Aquino emerged victorious. As the GDP began to grow by a moderate 5.6 percent under the second IMF-WB program undertaken for the Aquino government (Lim & Montes, 2001), the economy suffered one setback after another as Marcos loyalists held disruptive rallies and renegade soldiers separately staged a series of military coups from 1987 to 1989. This paper examines how SAP failed the Philippines, specifically how and why its required policy reforms marginalized women in the Philippines in terms of meeting their rights to education, health and livelihood. 2. How SAP Worked Against Philippine Women The SAP requirement for an export-led strategy of economic growth created shifts in the use of land and other resources, reorganized production processes, and changed production relations as well as existing social institutions (Sparr, 1994). This was generally how SAP worked to the disadvantage of Philippine women. On land use, for example, one of the main thrusts of SAP is to remove subsidies from agricultural production intended for local consumption and to re-channel the funds instead to the production of cash crops for the export market (Sparr, 1994). Rural women in the Philippines augment the meager income of their farmer-husbands by engaging in the backyard production of crops that can be sold in the local market. Moreover, women share farm work with their men especially in seeding and harvesting. When the incentives for growing crops with a ready market were taken away, the women lost an important source of income to the detriment of her family (Elson, 1995). The problem was that government promoted export production although world prices were extremely low (Lim & Montes, 2001). In the Philippines, land was transferred from the traditional crops of rice and corn to the production of sugar cane, bananas and pineapples with a concomitant increase in the size of holdings and greater mechanization but also a rise in the number of landless households (Elson, 1995). The main result was to further marginalize women in crop production as they are largely excluded from sugar cultivation. Rural women in the Philippines farm for home production and the local markets and rarely is it done for the export
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