Rising Oil Prices and the Scottish business Essay - 7

Rising Oil Prices and the Scottish business - Essay Example Scotland has a very rich history, and it has played a significant role in bringing in enlightenment to the United Kingdom as modern economics was born from the lush green meadows of Scotland. Over the period of time, Scottish businesses have developed their core competencies and reached to a point where they are significantly contributing towards the economy of the country. An analysis of the Scottish business industry would suggest that it is dominated by heavy industry such as shipbuilding, coal mining and steel industries. This stratification of the industry within the Scottish economy suggest that it is heavily reliant on much larger industries involved mostly into Business 2 Business kind of business transactions therefore key economic variables such as rising prices hardly have the impact on them.  A recent history of oil prices suggests that they are on increasing constantly due to various factors. Many analysts believed that rising demand from China and other emerging marke ts such as Brazil, Russia, and India created a strong increase in prices of oil all over the world. Besides, there are different seasonal patterns in production as well as consumption of oil, therefore, the oil prices tend to increase due to these seasonal patterns as well as strong demand from emerging markets. (IMF).  Further, there is a growing increase into the production of alternative energy sources such as ethanol which is selling at high prices, therefore, the oil prices in the market are also going to replicate that process because alternative products are selling at higher prices. Further, the depreciation of the dollar against major currencies such as the Euro is also considered as one of the major factors behind the increase in oil prices.  These rising oil prices, however, are being considered as a good omen for the Scottish business due to different reasons. The following section will discuss whether rising oil prices are good for Scottish businesses.

How Leaders can overcome conflct, influence others and raise Essay

How Leaders can overcome conflct, influence others and raise performance - Essay Example However, with this new insight, I can be well armed to face the boss on an equal footing. I have learnt how not to be held an emotional hostage in my relationships, whether personal or business. Being a leader, I might also have to resort to taking my team members â€Å"metaphorical hostages† to achieve the desired results. As a leader, my ultimate goal would be to increase productivity and enhance performance. Thus, I would try to use all the available skills to achieve this, including engaging in productive dialogue and resolution of tough problems. Through this write-up, I have learnt valuable tips on how to be an effective leader and overcome conflict by skillful negotiations. I would even try to influence others and raise the performance of my team. If we can understand the intricacies of our relationships, beliefs and values that shape our thinking, recognize and respect the intrinsic dignity of the individual, we can be sure to act in an appropriate manner and be free from a situation in which we could be held as a metaphorical hostage. Thus, I can confidently say that I will not be held a hostage, emotionally or physically in any given situation: personal or business. I will be in a position to effectively deal with difficult situations :both at work and in my personal life. The essence would be to be calm and composed in any situation and look for solutions, rather than give into the demands made by