...RADJOU | CEO ADVISOR AND COACH | FELLOW | JUDGE BUSINESS SCHOOL, UNIVERSITY OF CAMBRIDGE “Companies mustshut down theirCSR departments” They should instead focus on re-engineering value chains to bring sustainability in their business models, Kaipa and Radjou tell Rohit Nautiyal DALIP KUMAR away with the CSR department by rolling sustainability in the firm’s business model. New KPIs (key performance indicators) were introduced so senior managers could take the right kind of decisions that contribute towards water conservation which eventually helped the firm save money and pass the benefit to consumers. Not to mention, this initiative helped Florida Ice & Farm become environment friendly. Unilever’s CEO Paul Polman wants to double the company’s revenues and reduce the environment impact by 50 per cent. Both the examples explain how this schizophrenia (increasing profitability and creating a moniker like CSR) can be eradicated by finding a noble purpose. Companies must walk the talk by getting over with PR exercises on CSR initiatives and focus on re-engineering their value chains. So what you are essentially saying is that overhauling one’s business purpose can be a solution for the ongoing CSR debate. Prasad: Yes. Let us try and understand this with an example. As part of its product portfolio, PepsiCo sells both obesity inducing drinks and healthy products. Hypothetically if they choose to do a CSR initiative in schools, distributing healthy products like Gatorade and...
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...PALM BEACH ATLANTIC UNIVERSITY RINKER SCHOOL OF BUSINESS INTERNATIONAL MANAGEMENT BUI 4513 (01) (3 hour credit) SPRING 2014 RSC 1330 TR, 09:30 a.m. – 10:45 a.m. DR. JOE J. EASSA, JR. RSC 1354 (561) 803-2460 Cell Phone: (561) 758 -9792 E-mail: joe_eassa@pba.edu Susan Williams Rinker School of Business, Dean’s Assistant 561-803-2450 susan_williams@pba.edu PROFESSOR OFFICE HOURS: M 12:30 p.m. – 02:30 p.m. T 11:00 a.m. – 12:00 p.m. W 12:30 p.m. – 04:30 p.m. R 11:00 a.m. – 12:00 p.m. F 01:00 p.m. – 03:00 p.m. Otherwise, at the convenience of the student. COURSE DESCRIPTION: This course reviews and critically examines international management theory and practice. The course is divided into four main areas: 1) assessing the global environment, 2) examining the cultural context of global management, 3) formulating and implementing international strategy, and 4) exploring the dynamics of international human resources management. The main goal of this course is to give students a fundamental understanding of the environment in which international business operates and of the practices required to compete successfully in global markets. TEXTBOOK: Deresky, Helen, (2014). International Management: Managing Across Borders and Cultures. NJ: Prentice Hall (Pearson). 8th edition, ISBN: 978-0-13-306212-0. BUI 4513 (01) INTERNATIONAL MANAGEMENT PAGE 2 LEARNING OUTCOMES & ASSESSMENT MEASURES: Learning Outcome | Assessment | ...
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...AN INTERNSHIP REPORT On “FOREIGN EXCHANGE AND GENERAL BANKING of Trust Bank Limited” (As part of the fulfillment of the requirement of BBA degree) Submitted To: Ms. Rokeya Sultana Senior Lecturer Department of Business Administration Manarat International University Submitted By: Mir Fatima Farhana Student ID- 0616BBA00480 BBA 16th Batch, Major- Finance and Banking Department of Business Administration JANUARY, 2011 MANARAT INTERNATIONAL UNIVERSITY FOREIGN EXCHANGE AND GENERAL BANKING of Trust Bank Limited LETTER OF TRANSMITTAL 26 January, 2011 Ms. Rokeya Sultana Senior Lecturer Department of Business Administration Manarat International University Subject: Submission of internship report on “Performance Evaluation of Credit and Credit Risk Management of Trust Bank Limited” Muhtaram I, hereby, submit you working report on “Performance Evaluation of Credit and Credit Risk Management of Trust Bank Limited” which has been prepared as a partial fulfillment of the requirements for the degree Bachelor of Business Administration. I tried to put in all my knowledge that was gathered through the period of my graduation in order to complete this report. However, all the internship and report completion period was a learning experience for me. The report might fail to notice any important condition. I hope that you would disregard my mistakes considering...
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...LEADERSHIP STYLE OF RICARDO SEMLER 1. Describe Ricardo Semlers leadership style. What do you think might be the advantages and drawbacks of his style? Ricardo Semler IS one of the greatest business managers of all times in the Brazilian city Sao Paulo. After joining his father in the company it was his father's believe that if his son does not work for him he will do so for someone else. But to maintain him in the company the father had to resign as the CEO and handed over the vast business to his younger son who was only 21 by then and had just graduated from Harvard Business School. Initially his father used the traditional style of management but his son was to use a more centralize leadership method. To effect this he started by firing all the top managers of the company on the day he started working as the CEO and introducing young innovative minds of whom he knew would adapt easily to his style of management. Having been introduced to run his fathers enterprises immediately after graduating from a business school he moved on to introduce great changes in the working environment and ended up having the best productive workforce. With a turn over of less that $ 4 million at his entry he led the company to an annual turnover of $ 212 million in 2003. When you treat your employees like adults they purely behave like adults and hence they become more productive and dedicate themselves to the work environment. With these changes he allowed and encouraged the employees to evaluate...
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...pursue this degree at this point in your life, a description of your specific interest in the Olin Business School, and any other information that would help inform the Admissions Committee of your qualifications for our program. (500-1000 words) After completing my B.Tech in Plastics from one of the top ten institutes in India, I occupied dual roles of marketing executive and merchandiser for almost three years in esteemed textile firms, where I handled a broad customer and vendor base. I have spent considerable time to understand the textile market and now I am able to identify key areas for business growth and process improvements. I spotted the market for scarves and enabled my company’s foray into the product. I helped my earlier textile company which only sold fabrics to venture into garment manufacturing. I also enabled the setting up of processes and systems that improved our sales processes. Experiences such as these have honed my operational, marketing, leadership, and interpersonal skills. However, as my opportunities are limited, so are my capabilities! At this stage of my career, I feel the need to practice more structured marketing techniques such as branding and measurement of customer behavior and develop the ability to conceive well analyzed marketing strategies to complement my technological and sales background that is presently restricted to business to business deal making. A realization that...
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...Case Study of Sway Sway: The Irresistible Pull of Irrational Behavior Humans think they act rationally in most situations, especially in business or areas of their lives that require rational thinking. Instead, Ori and Rom Brafman, authors of the book Sway: The Irresistible Pull of Irrational Behavior, prove that humans are irrational and will act irrationally in most situations. They call this phenomenon being swayed, which is why they titled their book Sway. The Brafman brothers, Ori and Rom, define irrational as being out of line with well-reasoned and logical choices. In Sway, Rom and Ori, discuss some of the major sways that exist in all aspects of society, including business, today. Sway, according to the authors, can be defined as predictable forces that will result in people’s irrational behavior. Throughout the book, the Brafmans discuss various sways that people can encounter in daily life. One major sway mentioned is loss aversion. People tend to focus on the short-term consequences rather than long-term effects. Similarly, people often overreact to potential loss that they anticipate may happen sometime in the future. For example, the more an individual has to lose, the more likely he or she will be swayed into making irrational decisions. If an individual finds his or her job on the line, he or she will be more likely to act irrationally in an attempt to perform well and save his or her job. Another sway the Brafmans talk about is the diagnosis...
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...different cultures and developed a passion for foreign languages. As an honor student throughout high school, I was admitted to one of the best linguistic programs in Russia. I worked hard to maintain an excellent scholastic record and graduated in the top five percent of my class. I consider my undergraduate years the most crucial in shaping my cosmopolitan outlook and a determining factor in my decision to move to the United States. Immersed in a new world, challenging yet exciting, I started having mixed feelings about my professional future. I was confident that given the opportunity, I could succeed in various fields. However, I was still unsure of which field I wanted to pursue. After several years of working in different fields of business, such as office support, customer service, sales, and interpretations, I concluded that it was time to make a decision about my future and choose a profession that I could be passionate about. The one commonality that I observed about these diverse jobs was the impact that a good leader can have on the organization. This realization sparked my interest in the management field. In order to get hands on management experience, I joined a small local media company that entrusted me with making most of the significant business decisions. Yet regardless of my varied business experiences, I felt that if I were to ever reach my full potential as a business professional, I needed the right education. Therefore over a year ago, I enrolled in an MBA program...
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...common stock and was known for being quite authoritarian. He personally made most of the company's personnel decisions. He also made most of the decisions on menu selection, food suppliers, and advertising programs. Employees throughout the firm are paid fixed salaries and were closely monitored by van der Schmidt. Jan's son, Karl, spent his youth driving BMWs around Holland and Germany at high speeds. He spent little time working with his father in the restaurant business. Nonetheless, Karl is smart and just received his MBA degree from a leading business school. Karl has decided to follow his father as the chief operating officer of the restaurant chain. What advice about organizational architecture for the company would you offer Karl now that he has taken over? Considering that Karl was not really involved in working with his father in the restaurant business means that Karl lacks the experience to knowing how to handle operations matter in the business. His MBA can be useful to him as a tool to understand the business, but this would happen over time. Karl is not his father and probably does not possess the same style as his father. Thus, it would be wise if Karl would decentralize some of his authoritative power to an upper management team. This upper management team would then work with the managers of the various chain of restaurants. The managers of the various chain of restaurants would have better local intel that would better position them to make decisions to improve...
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... |Rs. 50000 | |Variable cost |Rs. 5/unit |Rs. 4/unit |Rs. 2/unit | For what volume of demand would each process be desirable? Q2. You are on the founding team of a new web-based company that makes massively multiplayer on-line games. There are currently 5 engineers in your company, but you anticipate growing to 50 people within a year. What type of culture do you want to create in your business? What will you do to make this culture come to life? How do you make sure that culture is sustainable as the company grows? Q3. Nitesh Ranganathan (24) was an engineer with a specialization in Telecommunications from an engineering college in Bangalore. He was absorbed via the campus placement process at one of the Indian top Information technology giants in Bangalore. He joined them as an IT professional in networks. All along he had dreamt of pursuing a Business management programme from a good Business school in India. The media coverage on handsome salaries enticed him too. Nitesh’s family consisted of his mother Ashwini who taught pottery, painting and other art forms to children in the neighborhood. Mr. Ranganathan, his father was a retired senior Government official. His older sister Nandini was an architect and currently pursuing a town planning course in the US. His family lived in Chennai. Nitesh was a bachelor. While working in Bangalore, he lived in a shared accommodation...
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...Analyze funding opportunities for small businesses, including the role of the Small Business Administration (SBA). Then, evaluate the effectiveness of these funding opportunities in light of the current economy. • In this time of economic challenges, suggest two ways that the SBA might be of assistance to your small business. Explain how you would request this assistance. Small businesses have two major options for funding; a bank loan or pursue the Small Business Administration (SBA). A bank loan is standard, acceptance is granted based on a business plan, credit score, collateral and likeliness of success. The same process can be accomplished through the SBA but grants are also available. A grant would be the best option for the start of a small business because these monies do not have to be paid back where as payment of a loan is definite as well as interest. Even if a small business were given a grant in addition to a loan it would only benefit. The SBA would be helpful in today’s economy because they provide information of how to start a business and how to create a business plan. Also, information on government contracts, how laws could effect your business and taxes is available for anyone wanting to start a small business. • Compare and contrast three different types of entrepreneurs and state which you are most likely to emulate should you begin a small business. • Assess the impact of globalization and information technology on the creation...
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...Assignment on Reading 4.1: Distinctive Human Resources Are Firms’ Core Competencies Submitted to: Md. Abul Kashem, Associate Professor, DU Course Teacher – Strategic Human Resource Management MBA, Department of Business Administration, Green University Submitted by: Himel Sanjib Kisku ID: 120207073 MBA, Green University of Bangladesh Submission date: 16 August, 2013 Distinctive Human Resources Are Firms’ Core Competencies By Peter Cappelli and Anne Crocker-Hefter Introduction ← “Best practices” or “Benchmarking,” has flooded the popular business literature ← The notion of a single set of “best” practices may, indeed, be overstated ← Distinctive human resource practices help to create unique competencies that differentiate products and services and drive competitiveness ← New: people management practices are the drivers of efforts to create distinctive competencies and, in turn, business strategies When Employees are the “Product” ← Professional sports ← The 49ers have succeeded by using a strategy of long-term player development (MAKE) ← The Raiders scoop up talented players who fail or do not fit in elsewhere (BUY) ← The practices of these two clubs create reputations that contribute to some self-selection of players, reinforcing their systems ← Retailing: sales as the service ← Sears: selection, extensive training, employee surveys, pay programs: straight...
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... 2.0 Business concept statement 2 2.1 Reasons for operating business in Hangzhou, China 2 2.2 Business market analysis 3 2.3 Business Strategy 3 2.4 Concerns or Uncertainty about the Business 4 3.0 Financial Aspects 5 4.0 Conclusion 6 5.0 Reference 7 1.0 Introduction This essay is going to discuss my thought about creating a new venture in Hangzhou, China. From a personal point of view, a successful business should be well planned for a long period of time, since we are still novel to the complex society. In order to maximise the possibility of turning my business concept into reality, there are a number of elements needed to take into consideration seriously. This essay will mainly focus on stating my business idea, analysing the business market, showing my business concerns, adopting a business strategy, and finding funding for the business operation. 2.0 Business concept statement My business concept is about teaching children English in a more enjoyable way. This English training will be operated in a playground and the target market is children from 3-6 years old. The business will be located in Hangzhou, China which is a home city of mine. Some more details will be discussed in the following part of the essay. 2.1 Reasons for operating business in Hangzhou, China In terms of the bigger part of the business operation location, we are going to run our business in Hangzhou, China. Not surprisingly, many people want to run their business in a...
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...By representing financials honestly, accounting is critical in giving accurate assessment to the past and providing constructive suggestions to the future. During study of accounting in XXX as an undergraduate, I discovered this is exactly what I want to do. Driven by the craving for in-depth knowledge and skills in accounting, I am determined to pursue graduate studies in this field. Here I am applying to the Master of Accounting program at USC as it perfectly fits my aspirations for professional development. In the short run, I will prepare for the Uniform CPA Exam during graduate studies and pass the Exam as soon as possible. Upon graduation, I would seek a job in a renowned accounting firm such as the Big Four to undertake auditing work. After accumulating abundant experience of public accounting, I will shift to the direction of corporate accounting, gaining professional experience in financial management and internal auditing. Meanwhile, I expect to gain management experience, making preparations for future MBA studies. With plenty of work experience, seeking a MBA degree will be my next step so as to enhance my management and leadership skills. With the knowledge and skills I acquired from MBA studies, I will continue my career in the direction of corporate accounting, endeavoring to become a qualified CFO. The MAcc degree at USC could help me realize my career goals in the following ways. Firstly, this one-year program could sit me for the Uniform CPA Exam in an efficient...
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...CYBER CAFÉ CHAPTER ONE 1.0 BUSINESS DESCRIPTION 1.1 THE SPONSOR (BACKGROUND INFORMATION) Noel Aaron Agutu who is the entrepreneur is a Kenyan Citizen aged 19 years; born in February 22nd, 1993. The entrepreneur currently resides in Nakuru town. He is currently pursuing a Diploma Course in Business Administration in the Rift Valley Institute of Science and Technology in Nakuru town. The entrepreneur attained his Kenya Certificate of Secondary Education in the year 2010 from Naivasha High School. He attained his Kenya Certificate of Primary Education in the year 2006. 1.2 NAME OF BUSINESS The name of the business will be “Fabulous Cyber Café.” The name will depict the quality of the services to be offered by the business, customers have the surety of quality services just from the title itself. The entrepreneur intends to start the business in 2014 operating it as a sole proprietor whereby, the owner will be enjoying and maximizing profits on his own. The major activity of the business will be to bring forth quality computer services ensuring customer satisfaction. The other activities the business will look or tend to venture in is community development through education, the community will get this through, for instance, the internet services to be offered. The business will also open doors for advisory services for those in need. The principal customers to Fabulous Cyber Café are: 1. The local community 2. Students from the local learning institutions, that is, both...
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...Small Business Management | | | | Table of Contents Question 1: 3 Full Absorption Costing: 3 Direct Costing: 3 Question 4: 6 ACCION USA Small Business Loans: 7 Mississippi Capital Access Loan Program 7 Ohio Mini-Loan Guarantee Program 8 Iowa Target Small Business Assistance Program: 9 Montana Indian Equity Fund: 9 Question 3: 9 Bibliography 12 Question 1: In the field of accounting, there are two different ways of allocating production and other costs to products and services. Full Absorption Costing: It is a managerial accounting cost method of expensing all the costs to products and services. Under this approach, products and services are charged with all the prime costs as well as fixed overheads. All the fixed manufacturing overheads are divided amongst products and services based on number of units of products produced, number of units of labor used or amount of administrative expenses incurred on respective products/services. Generally Accepted Accounting Principles (GAAP) requires it for external reporting purposes. It helps in calculation of taxes and generating sales reports. It is an important technique to determine whether retail prices of a company reflect its full absorption costs. It is also important for such companies, which do not have deep pockets, and allocating all the overhead costs on products/services is extremely necessary to determine cost of their products. Direct Costing: It is a technique more suitable for internal...
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