Tuesday, December 31, 2019

Computer Network The Connection Of Computers And...

Q1 Solution: Computer network: the connection of computers and computing peripherals either using wires or radio waves over a small or large geographical areas. E.g. interconnection of many computers to a single printer. Depending upon the area covered computer network can as classified as PAN, LAN, MAN and WAN. Personal Area Networks: an interconnection of devices in few meter distance which is connected wirelessly. E.g. connection of mobile phone over a wifi signal to a router. Local area networks: computer network with an area of small geographical area such as campus premises, home, and office is termed as LAN. Printer, scanner are generally shared between computers in home and offices. Basically the sharing is done by wired media†¦show more content†¦Data may be any number, alphabets, images, videos and other representation such as attendance record of student, customer information in bank. Such data needs to be sent and receive between the different location and devices. So exchange of data is called data communication. In data communication message, sender, receiver, transmission media and protocol play a vital role. Messages are the actual data to be shared and it can be in any form. Senders are those devices which are used to send data and receiver are those devices which receives data. Transmission media may be wired or unwired and protocols are the set of rules to communicate. Multiplexing: transmitting multiple information in a single medium has been made easier by the process called multiplexing. Using this technique the total bandwidth is divided and a portion is given to each signal. Multiplexer and demultiplexer are the devices used in multiplexing. The multiplexer combines the data from multiple source and sends via the single channel and demultiplexer separates the individual lines and transmits to corresponding output lines. Multiplexing is of four types Frequency Division Multiplexing Code Division Multiplexing Time Division Multiplexing Wavelength Division Multiplexing Network management: In a board sense network management is simply managing computer networks. It can be defined as configuring, testing, monitoring and troubleshooting network components, features and operations to achieve

Monday, December 23, 2019

Case Study Healthsouth Corporation Scandal - 1521 Words

Anna James Case Study: HealthSouth Corporation Scandal Week3 Forensic Accounting: Ethics and Legal Environment Professor Erskine Hawkins HealthSouth Corporation is a large, public healthcare company that operates 93 inpatient rehabilitation hospital, 49 outpatient rehabilitation satellites, six long-term acute care hospitals, and 25 home health agencies. According to the company websites, it is â€Å"one of the nation’s largest healthcare providers specializing in rehabilitation†.5 The company headquarter is based in Birmingham, Alabama with operation in 26 states across the country and in Puerto Rico. HealthSouth’s stock trades on the New York Stock Exchange (NYSE) under the ticker symbol HLS, it â€Å"closing price as of December 15,†¦show more content†¦Some of staff of the company including the â€Å"CFO at the time William Owens was a past employee of Ernst and Young†4, this question the independence of the auditing firm when analyzing either the malpractices cooked by the company were accepted based on the fact it is from their former mates without closely looking at their contents or they simply had a blind eye by trusting the accounts without proper cautious, which result in negligent on their part. The discovery of the fraud resulted in a loss of reputation for the company and loss of $ 2.5 billion. Lack of adequate information also played a minor problem in the fraud not been discover earlier than it should have been because when an employee of the company had written to the auditor about questionable issues, which the auditors brought up with the management but were not provided adequate information for them to suspect any wrong doing. The introduction of Sarbanes-Oxley Act of 2002, which requires a sworn certification by company CEOs that the financial statements contained â€Å"no untrue statement of a material fact† led to Scrushy agreement to stop inflating earnings. The aftermath of the fraud that tookShow MoreRelatedThe Anatomy Of Corporate Fraud Essay845 Words   |  4 Pagescomparative Analysis of High Profile American and European Corporate Scandals. The abstract discusses the analysis conducted on the three major American accounting scandals; Enron, WorldCom, and HealthSouth, and compares to the three major European accounting scandals; Parmalat, Royal Ahold, and Vivendi Universal. Bahram Soltani (2014), also discusses within the abstract the different areas reviewed regarding why the accounting scandals occurred; ethical climate, tone at the top, bubble economy and marketRead MoreFactors of Ethical Collapse3526 Words   |  15 Pagesof the number and severity of the scandals (McCraw, Moffeit O’Malley, 2008). Healthsouth and its CEO are a prime example of a business that have been in the spotlight for unethical and criminal behaviors and experienced an ethical collapse similar to Enron and WorldCom. The company, Healthsouth, was one of the largest healthcare provider led by CEO, Richard Scrushy, one of the most mesmeric and authoritative leaders of all times. During its heyday, HealthSouth employed about 50,000 employeesRead MoreFinancial Fraud Methods Of The Healthsouth Corporate1769 Words   |  8 PagesCase study There is a famous case of financial fraud, one of the largest outpatient surgery, rehabilitation and diagnostic imaging companies in US, known as HealthSouth corporate. The company had over 1,800 facilities in all 50 states which also happen to be the first scandal by listed companies in US after the Sarbanes-Oxley Act. Two main sections will be discussed from this case. Firstly, to explain the financial fraud methods of the HealthSouth corporate. Secondly, the audit failure of Ernst andRead More Richard Scrushy and HealthSouth Essay2155 Words   |  9 PagesIntroduction HealthSouth is one of the nation’s largest healthcare providers specializing in rehabilitation. HealthSouth was founded by Richard M. Scrushy in 1984 and went public in 1986. Scrushy served as its Chairman of the Board from 1994 to 2002. The company was incorporated in January 1984 as Amcare Inc. before its name was changed to HealthSouth Rehabilitation Corporation in May 1985. In January of 2003, Mr. Scrushy reassumed the position of CEO. HealthSouth grew rapidly duringRead MoreHow the Sarbanes-Oxley Act Will Impact the Audit Function2015 Words   |  9 PagesBefore the Enron-Arthur Anderson scandal, auditors were generally viewed as independent and trustworthy professionals. They protected the interests of the individual investor by ensuring that corporations presented financial statements that accurately reflected the financial results of operations. The auditor was trusted to present the facts as he saw it, regardless of the implications. When events such as the academy awards used the services of a CPA, it was done not because the counting of ballotsRead MoreHow The Sarbanes-Oxley Act Will Impact The Audit Function Essay example1993 Words   |  8 PagesBefore the Enron-Arthur Anderson scandal, auditors were generally viewed as independent and trustworthy professionals. They protected the interests of the individual investor by ensuring that corporations presented financial statements that accurately reflected the financial results of operations. The auditor was trusted to present the facts as he saw it, regardless of the implications. When events such as the academy awards used the services of a CPA, it was done not because the counting of ballotsRead MoreThe Theory Of Accounting Fraud3500 Words   |  14 PagesA number of cases of fraudulent accounting have been reported over the last fifty years. However, in each case the manner in which the fraud was perpetrated was different In the UK there is no legal definition of fraud (Levi, Information Gathering Working Party and Doig, 1999). Black’s Law Dictionary (1999) defines fraud as â€Å"a knowing misrepresentation of the truth or concealment of a material fact†. When we apply this to the world of accountancy there can be confusion between fraud and ‘creativeRead MoreThe Pbs J Accounting Scandal2212 Words   |  9 PagesCASE STUDY: THE PBSJ ACCOUNTING SCANDAL Introduction The Enron and WorldCom scandals were arguably the incidents that permanently changed the procedures for accounting controls. In response to these incidents, the Sarbanes-Oxley Act (SOX) of 2002 was passed. Once the knowledge of these scandals was made public, a number of subsequent accounting scandals were discovered in public companies such as Tyco International, HealthSouth, and American Insurance Group. In addition, a then-employee-owned companyRead MoreEssay about Conflicts of Interest between Auditors and Clients2131 Words   |  9 PagesThe complete destruction of companies including Arthur Andersen, HealthSouth, and Enron, revealed a significant weakness in the United States audit system. The significant weakness is the failure to deliver true independence between the auditors and their clients. In each of these companies there was deviation from professional rules of conduct resulting from the pressures of clients placed upon their auditors (Goldman, and Barlev 857-859). Over the years, client and auditor relationships wereRead MoreReflection Paper On Business Ethics2881 Words   |  12 Pagesthe last ten years and some of the effects it had on individuals I could not name those that were considered the worst; therefore, the top ten frauds of the century and the reasons why they reached this dubious rank was very interesting. In most cases, these frauds did not help, but actually hindered both the stakeholders as well as the shareholders. I did do additional research to make sure that I understood these businesses and how they imploded. Because I found them almost mind-blowing, I have

Sunday, December 15, 2019

Week Intercultural Paper Free Essays

As Egger Hefted (2001) explained, culture Is comprised of power distance, Individualism, masculinity, uncertainty avoidance, pragmatism, and indulgence. If we use these components to analyze the two countries from the example, we find various similarities and differences that would greatly affect a business transaction between the two. Both Colombia and China share similarities in the areas of power distance, individualism, and masculinity. We will write a custom essay sample on Week Intercultural Paper or any similar topic only for you Order Now Both countries scored high in power distance, or extent to which power Is unequally distributed, and masculinity, the desire to excel at a skill versus liking the actual skill (Hefted, 2001). This means that In both isosceles individuals with power are far removed from their lesser powerful counterparts. It also means individuals from these countries are motivated by success and achievement as opposed to equal status. China and Colombia also similarly scored low in individualism meaning that both cultures are collectivist or centered on members that form an interdependent network (Hefted, 2001). As other analysts have noted, â€Å"Chinese society [In particular] Is collectivist in that Individuals identify with an â€Å"In-group† consisting of family, clan, and friends. Within this, cooperation Is he norm. Outside it, zero-sum competition is common† (Harris, 2014, Para. 5). Thus, it is paramount to foster a loyal relationship when conducting business in these countries. Avoidance, pragmatism, and indulgence. Chinese culture scored high in pragmatism, or the need to explain as much as possible, whereas Colombia scored high in uncertainty avoidance and indulgence, or the extent to which people indulge their impulses and desires (Hefted, 2001). As some academics have noted, uncertainty is largely reduced in relationships which is why â€Å"Latin Americans place great value on establish ing long-term, close relationships with interactions on a personal, as well as professional, level† (Wardrobe, 2005, p. 3). However, in Chinese culture, indulgence and uncertainty avoidance scored low since individuals place less importance on knowing everything and monitor ambiguity with their use of an adaptable and entrepreneurial spirit. Understanding these differences, as well as similarities, helps us set up a successful business encounter between individuals from these two If a Colombian and Chinese person were to conduct a business transaction, it loud be important to understand the application of Hypotheses cultural dimensions to ensure a successful outcome. First, the high collectivism and power distance in their respective societies would promote a good foundation for them to establish a relationship since both individuals would most likely have high standing and authority within their companies, and strive to develop a fruitful relationship. This would begin by ensuring a correct and respectful greeting between them, which would generally involve a bow from the Chinese businessperson and a warm and stern handshake from the Colombian businessperson (Aback, 2012). Second, cause of the discrepancy in the uncertainty avoidance category, the Colombian businessperson might need better clarification on the transaction and question the Chinese individual more thoroughly; which would promote trust if the Chinese individual views the 4 transaction from the masculinity-oriented category of achievement instead of the feminine category associated with caring and equality. As Donald Aback (2012) elaborated, in Asia â€Å"language that avoids directly challenging a person or making that individual look bad, or seem disrespected is common† (p. 19). This means that the Chinese businessperson would most likely not hold this against his Colombian counterpart but rather tolerate it in the interest of developing trust and a longer- lasting relationship. Lastly, the Colombian may want to indulge more time in the relationship, which would work well, since Chinese culture is characterized by a strategy to â€Å"not trust until there is enough evidence of trustworthiness† (Harris, 2014, Para. 6). If both businessperson take the time to nurture their relationship and understand each other’s cultural differences and similarities, they will set themselves up for a successful and fruitful business relationship. How to cite Week Intercultural Paper, Papers

Saturday, December 7, 2019

International Business Management Analysis of Indian Agricultural Ind

Question: Describe about the PESTEL Analysis of Indian Agricultural Industry? Answer: Executive Summary This report involved the performance of critical analysis of the external environment as applicable in respect to Indian agriculture industry with a view to assess the expansion of Nu-Farm within such markets. The performance of analysis has been carried out through the application of PESTLE analytical tool and based on the analysis, it has been evaluated that the political conditions as prevalent in Indian markets are highly supportive in respect to the crop protection initiatives as undertaken by firms. The economic factors have indicated that there is a requirement for crop protection measures in India so that Indian farmers can be positively benefitted. This has been a positive factor from the point of view of supporting the growth and performance of Nu-Farm in Indian markets. The analysis has also indicated that the socio cultural condition as prevalent within Indian farmers is that they do not consider the usage of chemicals in treating their agricultural produce and there are legal laws that are applicable to the performance of the crop and seed protection in India. The overall condition is identified as supportive in respect to Indian markets and this led to the recommendation that Nu-Farm should perform expansion of its business processes in Indian markets. Introduction Businesses perform the expansion of their business activities into international markets with a view to achieve higher level of growth and expansion. However, in performing such expansion into international markets, they are required to consider large number of factors as prevalent within such international markets so that they can achieve higher level of growth and success in it. A complete environmental analysis is important from the point of view of achieving higher level of success in such international markets. The analysis of the external environment conditions can be performed through the application of strategic analytical tools such as PESTLE analysis (Hill and Jones, 2009). This has been an important tool that allows for analysing large range of areas such as political conditions, economic conditions, socio cultural and technological environment including the legal and ecological environment that affects the performance of business. These are important areas and an analysis of these areas is crucial from the point of view of achieving efficient expansion of business processes into international markets. Scope of the Report: This report is focused towards performing an analysis of Nu-Farm with respect to its expansion into the markets of India. This report proposes the expansion of Nu-Farm into the Indian markets and the analysis specifically focused towards performing an analysis of the external environment conditions of Indian markets. This has been performed through the consideration of PESTEL analytical tool to analyse the ways in which Nu-Farm is affected by different environmental conditions. The company is looking to achieve higher level of growth in the Asian markets, and as such, this report focuses towards expansion of Nu-Farm in the Indian markets. Company Background: The Company as selected for the purpose of analysis is Nu-Farm. An analysis of Nu-Farm indicates that it is an Australian manufacturing company that accounts for the production of products that are designed in order to ensure protection of agricultural products. It is based in Australia and the company is operating since 50 years, and it has continuously engaged in the production of wide range of crop protection products over the years. There is large range of extensive teams of agricultural and horticultural specialists that helps Australian farmers in performing the agricultural production in a sustainable manner. It is known as a largest manufacturer with an extensive distribution network of regional service centres. The company operates not only at the local level, but there has been extensive level of network of the company that is expanded worldwide (Nu-Farm, 2015). Research Methodologies Used: The research methodology that has been utilised in collecting data about the environmental analysis facing the agricultural industry in India is secondary research method whereby a critical analysis of scholarly articles, books and online sources is performed. The quality of data as utilised in this report is academically sound because they are collected from the academic sources such as journals and books. PESTEL Analysis of Indian Agricultural Industry Since Nu-Farm is considering its expansion into the Indian agricultural industry, it is quite essential to perform a market environment analysis so that the decision of expanding into the Indian markets would be undertaken in an efficient manner. This section of analysis therefore analyses the various important ways in which different environmental situation could affect the performance of Nu-Farm in the market so as to ensure the development of appropriate strategies in minimising the adverse effect of such environmental situations. An analysis of different such factors that have the potential to affect Nu-Farm in such Indian markets is performed as follows: Political Conditions: The political condition of an economy has a direct level of impact over the performance of entire industry/sector in particular. Such political conditions mainly imply the persistence of government control over the performance of the industry, or governmental decisions affecting the performance of the entire sector. An analysis of the case of Nu-Farm indicates that it provides crop protection products and this implies that the company caters to the need and requirement of agricultural industry. The case analysis of Indian economy with respect to agricultural industry performance indicates that there has been significant control of Indian government over the performance of such agricultural industry in particular. There are several kinds of acts and legislations that monitor and regulate the performance of the industry. As for instance, there is an act known as Destructive Insects and Pests Act 1914 that is operational in India and the main purpose of this act ha s been to prevent the introduction of any kinds of insect, fungus or other kinds of pest that may impact the performance of crops (Department of Agriculture and Cooperation, 2014). It is not only the above indicated act, but the Indian government is positively engaged in the protection of crops in a positive manner. There are a large number of schemes that have been introduced by the Indian government aimed at protecting the crops across the country. An analysis indicates that there has been the introduction of International Plant Protection Convention (IPPC) 1951 being performed and this scheme positively supports the protection of crops across India. The primary objective of the scheme has been to prevent the introduction and spread of exotic pests that are destructive to crops and it also aims at facilitating the safe global trade of crops by way of assisting the producers and exporters. There are various important activities that are carried out as a part of ensuring protection of crops within this scheme and these include inspection of imported agricultural commodities in preventing the introduction of exotic pests (Department of Agriculture and Cooperatio n, 2014). The scheme also looks back towards different important areas in ensuring that the complete level of protection of crops is being ensured. It mainly includes detection of exotic pests and diseases that are already introduced through the application of domestic quarantine regulations, performing pest risk analysis (PRA) in order to finalise the import of plant/material etc. These initiatives by the Indian government in the form of various such schemes are aimed at ensuring the complete level of protection of crops so that agricultural productivity can be enhanced. Seed is the basic and most crucial input from the point of view of sustaining agricultural performance and its protection is therefore essential from the point of view of promoting entire agricultural performance. The Indian government has performed a major restructuring of the seed industry by way of introducing measures that are aimed at protecting the crops and ultimately the agricultural industry as a whole (Indian Seed S ector, 2014). Thus, the analysis of the political conditions as prevalent across India with respect to governing the crops indicates that there has been higher level of governmental interference in the process. This suggests that Nu-Farm has to comply with the necessary legislations in order to perform the introduction of its business in Indian markets. There are tighter regulations aimed at preserving the agricultural environment and its performance across India and it is therefore essential that these conditions should be adequately addressed for the purpose of efficiently doing business in the Indian markets. There are regulations aimed at governing the import of seeds and other crop materials and since Nu-Farm is aimed at providing materials that ensure protection of agricultural crops from being affected by insects, there is good potential that Nu-Farm is positively allowed in doing its business because the main purpose of the offerings of Nu-Farm complies with that of the requirements for In dian government in importing seeds (Plant Protection, 2014). As Nu-Farm provides products that are aimed at protecting the agricultural crops, the analysis of the main purpose of Indian government behind framing the above indicated policies is to ensure that crops are being protected and agricultural productivity is improved. This can be positively accomplished by the Indian farmers by way of considering the usage of large number of products that are provided by Nu-Farms in ensuring the protection of seeds. This higher level of compatibility of the offerings of Nu-Farm with that of the political conditions that are prevalent across India suggests that there has been higher opportunities available to it in achieving higher level of success and growth in its performance. Overall, the assessment of the political conditions across Indian markets implies that the market has been supportive from the point of view of Nu-Farm expanding its operations and there would be higher level of compatibility that it would witness with that of Indian government policies in importing crop related items (Natural Disasters and Crop Protection, 2014). Economical Conditions: Apart from the political conditions, the role of economic conditions is also crucial as it directly impacts the performance of an industry. The economic factor indicates about the growth of the entire industry and since Nu-Farm is focused towards providing products that is aimed at protecting the agricultural crops in the industry. An analysis with respect to the economic performance of the Indian crop protection industry indicates that the prediction as made by FICCI implies that the industry will grow at 12%. From the point of view of performance of Indian economy in terms of crop protection, it has been analysed that the industry has not been effective in assuring the protection of crops. As for instance, the Indian Journal of Ecology Report indicates that crop losses because of non usage of pesticides were about 17.5% in India in 2011. The loss as a result of this has been identified as Rs 90000 crores which has been a massive loss faced by the industry (In dian crop protection industry will grow at 12%, predicts FICCI, 2015). This particular economic condition in respect to the economic performance of Indian economy with respect to crop protection industry suggests that there has been ample of opportunities left in the industry for the crop protection solution provider to achieve better performance in respect to Indian farmers and thereby accounting for both the economys growth and the companys growth. The prediction as made in respect to the growth of Indian crop protection industry suggests that the compound annual growth rate of 12% is expected by the financial year 2019 to reach a figure of $7.5 billion. However, the current performance as estimated was around $4.25 billion in financial year 2014. The Indian crop protection industry has been identified as extensively huge as it is considered as second largest in Asia with a size of above Rs 26000 crores. The percapita consumption of crop protection products in India is identified as lowest in the world, and this has affected the performance of agricul ture in a adverse way (Indian crop protection industry will grow at 12%, predicts FICCI, 2015). The main issue that has been noted in respect to the Indian farmers is that they are uneducated which restricts them from adapting appropriate measures aimed at ensuring efficient level of attainment of productivity in their performance. It is therefore essential that there should be appropriate measures that should be considered by the Indian government along with the manufacturers in educating Indian farmers. This could be by way of working positively with the farmers by these manufacturers in educating them so that they can undertake appropriate measures aimed at enhancing the overall productivity level of agricultural sector in the economy which would account for overall economys growth and development. The large scale usage of pesticides is essential for the purpose of ensuring the protection of crops which has been a major issue identified in respect to the performance of the Indian economy. The products supporting crop protection as sold by Nu-Farm should therefore aimed at ed ucating the Indian farmers so that they can efficiently address the adverse performance condition as faced by Indian farmers with respect to their agricultural performance (Indian crop protection industry will grow at 12%, predicts FICCI, 2015). Socio-Cultural Conditions: Apart from the economic conditions and the political conditions affecting the crop protection industry in India, this section of analysis is now focused towards analysing the impact of socio-cultural conditions impacting the performance of such industry. The socio-cultural trend mainly implies the societal values as shared by individuals in the industry. The main customers for the crop protection products are usually the farmers, and it is therefore essential that appropriate strategies should be considered aimed at targeting the farmers. However, an analysis of the socio cultural trend as prevalent in respect to the Indian farmers with respect to the usage of crop protection measures indicate that the Indian farmers are positively acceptable to important measures that ensures the protection of their agriculture, but with respect to the usage of chemicals, it has been assessed that the socio cultural trend as prevalent within Indian farmer implies that they are less attractive with respect to the usage of chemicals (Jha, 2012). An analysis of farmers in India suggests that Indian farmers have started to supplement their agro needs with bio-options and in some cases, they have completely replaced the use of chemical pesticides with biocides. There has been the application of bio product by almost all the farmers in order to give strength to the growth of the plant. This suggests that the Indian farmers have become highly aware of the impact of chemicals in the productivity of their agricultural produce. This leads to their low level of attraction of Indian farmers with respect to the usage of chemicals in their production process. The farmers are becoming smart entrepreneurs in India and they are focused towards using smart and modern methods of farming. There has also been the usage of capital intensive water management solutions that are being utilised by Indian farmers (Jha, 2012). The socio cultural trend therefore indicates that there has been higher level of response rates for the bio efficient products within Indian farmers. This indicates that the attainment of higher level of success can be possible to the organisation such as Nu-Farm by way of focusing extensively towards providing crop protective products that are bio friendly, and does not involve any kinds of chemicals in it. This is mainly because the socio-cultural trend within Indian farmers implies that they do not prefer the usage of chemicals in their agricultural produce. This suggests that Nu-Farm needs to make it sure that the products as offered by it are free from chemicals usage in it. It needs to provide products that can work in ensuring crop safety even when the pesticides become ineffective. The acceptability of farmers with respect to the crop protection products increases when they see that the products are working at their own farm (Jha, 2012). Overall, the socio cultural trends as prevalent within Indian farmers have been quite crucial to Nu-Farm in framing strategies that are aimed at targeting them with its crop protection products. Technological Factor: The implication of technology is evident in respect to every major sector, and its role and importance is also evident in respect to the agricultural industry in particular. The agricultural industry in particular makes use of technology for the purpose of achieving efficient protection of the agricultural produce. There has been the application of cutting edge technology that has been utilised by Indian farmers in order to ensure protection of their agricultural produce from insect, weed or any other issues. There are certain companies in India that accounts for providing high quality and cutting edge technology in ensuring that the Indian farmers are completely benefitted in the process of manufacturing agricultural produce (Reddy, 2012). The role of technology is crucial in agricultural industry of India, and the companies providing efficient technological solutions therefore have the better chances of achieving success in the Indian markets. Nu-Farm specialises in providing crop protective products to farmers, and by way of considering the advanced technological systems to support such crop produce across the country, it could be possible to achieve higher level of growth to the firm in the Indian markets. The acceptability within Indian farmers also suggests that they are acceptable to latest technologies in performing the management of their agricultural produce and this has therefore been a positive factor to Nu-Farm from the point of view of targeting its customers in such Indian markets. Technology has been crucial in every major industry and its significance is also evident in respect to Indian agricultural industry with the positive acceptability as identified within Indian farmers for the same (Crop Protecti on India, 2015). Legal: The legal framework implies about the legal rules and implications that are applicable in respect to the performance of an industry. In respect to the agricultural industry, it is also affected by certain main rules and policies that govern the performance of industry players within such industry. The application of legal implication in respect to the performance of agricultural industry in Indian economy is identified from the fact that there are specific legal legislations that have been developed and they are primarily aimed at guiding the performance of the entire agricultural industry in particular. As for instance, the legal policies and legislations as applicable to the performance of seed and crop protection in India includes the Indian Seed Act and Patent Act that have been passed in 2004. These acts are aimed at regulating the performance of the Indian agricultural industry especially with respect to the protection of crops (Shiva, 2005). The companies that are dealing in India, and supports the protection of crops are therefore required to make sure that they comply with the above indicated laws and legal implications that are applicable. They can ensure the successful performance of their business processes by making it sure that they comply with the norms and policies as indicated within these acts (Rao and Guru, 2010). Apart from the above legal acts that have been introduced recently in India, an analysis indicates that there are various other acts that are applicable from the past, and they have been quite significant from the point of view of regulating the performance of the entire industry. As for instance, the Destructive Insect and Pest Act were passed in 1914 and they were supplemented by other provisions. This suggests that there has been significant level of legal implication over the performance of agriculture industry in India, and the firms operating in the country are therefore required to make it su re that they complies with them in a positive way. As in respect to Nu-Farm, it is required to achieve compliance with these applicable legal implications (Rangaswami and Mahadevan, 1998). Foreign Direct Investment: The foreign direct investment scenario is also crucial to examine before performing the expansion into a particular country. It is mainly the government of an economy that affects the foreign direct investment scenario within the economy as it has specific roles and regulations that governs the flow of foreign direct investment within the economy. In many cases, there has been the consideration of tighter rules and regulations by the Indian government that are aimed at protecting the domestic producers from international players. As in respect to the performance of crop protection industry, it has been analysed that there is no such regulations being imposed by the Indian government with respect to the performance of foreign direct investment by the international companies. FDI in India is permitted to the extent of 100% which suggests that foreign companies such as Nu-Farm can easily perform the expansion of its business process in Indian markets (FDI in a griculture sector is permitted up to 100% under the automatic route, subject to certain conditions mentioned in Consolidated FDI Policy, 2013). The foreign direct investment scenario especially in respect to crop protection sector is identified as open in India as the international companies can positively support their business activities and processes. This is evident from the case example of DuPont which has been a US based company that supports the performance of agriculture in the Indian industry. DuPont Agriculture brings innovative science and solutions aimed at meeting out the challenges faced by farmers today. DuPont provides complete protection with respect to growing crops from any kinds of weeds, insects etc and it has massive level of presence in the Indian economy which suggests that there are no such FDI regulations affecting the performance of foreign companies in India (DuPont, 2015). Financial: The role of financial condition is also crucial in undertaking decisions aimed at expanding the operations of a business. As in the given case, Nu-Farm is considering its expansion in the Indian markets, and this requires an assessment of the financing infrastructure that has been supported across Indian economy. The financing infrastructure is essential so that international businesses can perform the expansion of their business processes and activities in a highly efficient manner. An analysis of the case of Indian economy in particular suggests that the financing infrastructure has been highly supportive as there are various such financing firms that support the businesses undertaken by foreign firms in India. There are financing agencies including micro finance companies that support the performance of international companies in a positive way (Financing Agencies Providing Custom Services To Farmers, 2014). Overall, the analysis above has indicated about the external environment conditions that Nu-Farm is likely to face and it has been assessed that the situation is positive from the point of view of Nu-Farm expanding into Indian markets. Conclusion and Recommendations This part of the report has analysed the external environment conditions as prevalent in India in respect to the decision of Nu-Farm in expanding into the Indian markets. The analysis of the external environment conditions through the important elements of PESTLE analytical tool has indicated that there has been higher level of support that is likely to witness by Nu-Farm from expanding into the Indian markets. The analysis of political, legal and technological environment including the FDI situation has resulted into the identification that these environmental factors positively supports the growth and expansion of Nu-Farm in the Indian markets. Recommendations: Based on the entire analysis as carried out in respect to the external environment affecting the crop protection industry in India, there is certain major recommendations that are considered essential in respect to Nu-Farm in achieving success in its expansion decision to India. These recommendations are indicated as follows: It is recommended that Nu-Farm should make proper level of compliance with the applicable legal acts in Indian agriculture industry. This is mainly because the legal acts are aimed at specifically governing the performance of the crop protection in India. It is also recommended that Nu-Farm should avoid using chemicals in the products that it offers in order to ensure the protection of crops, because the Indian farmers resists against the use of any kinds of chemicals. It is recommended that Nu-Farm should look towards gaining positive level of support by way of aligning its objectives and purposes with that of the governmental goals and policies. This is likely to ensure the attainment of higher growth levels. Since FDI is allowed to the extent of 100%, it is recommended that Nu-Farm should consider its expansion into the Indian markets in a positive way. Based on the implementation of these recommendations, the future scenario of Nu-Farm in India by 2018 would be the efficient performance in the industry in terms of occupying a larger market share in it. References Crop Protection India, (2015) [Online]. Available at: https://www.dupont.co.in/products-and-services/crop-protection.html [Accessed: 08 February 2015]. DuPont, (2015) [Online]. Available at: https://www.dupont.co.in/industries/agriculture.html [Accessed: 08 February 2015]. Department of Agriculture and Cooperation, (2014) [Online]. Available at: https://agricoop.nic.in/dacdivision/plantprotec02.htm [Accessed: 08 February 2014]. FDI in agriculture sector is permitted up to 100% under the automatic route, subject to certain conditions mentioned in Consolidated FDI Policy, (2013) [Online]. Available at: https://www.business-standard.com/article/news-cm/fdi-in-agriculture-sector-is-permitted-up-to-100-under-the-automatic-route-subject-to-certain-conditions-mentioned-in-consolidated-fdi-policy-113081400245_1.html [Accessed: 08 February 2015]. Financing Agencies Providing Custom Services To Farmers, (2014) [Online]. Available at: https://www.bankofbaroda.co.in/rur/customerservice_farmers.asp [Accessed: 08 February 2015]. Hill, C. and Jones, G. (2009), Strategic Management Theory: An Integrated Approach, 9th ed., Cengage Learning. Indian crop protection industry will grow at 12%, predicts FICCI, (2015) [Online]. 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