The impact on countries & companies of sanctions against Russia Assignment

The impact on countries & companies of sanctions against Russia - Assignment Example The literature suggests that the use of sanctions increases risk in a country. Several studies have indicated that sanctions in most cases fail to bring the desired outcome. Sanctions on Russia were imposed to solve conflicts by using alternative strategies other than military actions. Russia’s economic and political conditions were aggravated with the sanctions. There had been several negative effects which not only affected Russia, but also other countries like the United States and the European Union were affected. Many companies in the United States who had investment plans in Russia had to suffer losses due to restrictions on business activities. The sanctions would be effective only if there is cooperation and collaboration in business activities among the nations. The Russian Government should change its outlook towards the actions taken in Ukraine in the coming five years. The government should emphasis on portfolio diversification in not only the energy sector, but al so other financial sectors. The government should rely on peaceful negotiations with the superpowers like Europe and the United States to sustain growth in the long run. The business environment should be enhanced and trade situations have to be improved. Restrictions on free trade have to be removed so that imports and exports are encouraged. These are the principal steps that the Russian government should seek to achieve in the next five years in order to ensure balanced growth trends in the economical situation.

Importance Of Internal And External Communication Strategies Essay

Importance Of Internal And External Communication Strategies - Essay Example There are certain factors that help in determining the effectiveness of communication strategy a corporation implements. These factors include a number of employees the message is intended for, their relationship, nature of the message and channel and the effectiveness of the feedback system. An essential aspect of internal communication is it should be concentrated as well as coordinated so that the message is well communicated and different managers and employees can be reached through this. Moreover, it must be consequent in nature and continuously transmitted. Internal communication can be further classified as work, control, change, culture and news communication. This classification segregates the nature of information and makes it more defined. Together all these kind of communication creates an integrated system of internal communication (Kalla, 2005). The strategies that have been employed by multinationals to improve internal communication are electronic communication throu gh e-mail, integrated chat platform, video-conferencing and social networks. Employees of a multinational company are encouraged to be part of different network groups within the organization (Luo and Shenkar, 2006). This helps them in understanding culture aspects of their global counterparts, gaining insight of their professional achievements and learning through knowledge sharing and transfer (Phene and Almeida, 2008). The multinationals are also active in social media circles, where employees are encouraged to participate.