...Israel Global Competitiveness Report Analysis GCR 2013 Israel dropped one place, from 26th to 27th this year. The meager business sector in Israel is high-tech industrial sector. This innovation business combined with the presence the best research institutions on the world. Supported by the government’s public procurement policies. Give Israel high rank Israel have varies industries. Like high-technology products, metal products “diamond”, electronic and biomedical equipment, agricultural products, processed foods, chemicals, and transport equipment. Science and technology in Israel is one of the country's most highly developed and industrialized . Israel are the 1st of the world for expenses at R&D “Research and Development “, as percent of GDP Gross domestic product. The research institutes are not only supports business. This lead to get the 6th place of patents on the world, and 4th according to PCT patents applications per million populations. Many of international company invest in R&N in Israel. For examples Intel, Microsoft, Cisco, Motorola, and more than 20 high-tech companies on the world have institutes in Israel. Most of these institutes was the first one out of their original countries. Macroeconomic is a meager key on business development. Israelis success on increasing budgetary discipline with a view to reducing debt levels. This will help the country maintaining stability and support economic growth going into the future. Israel investing and facilitate...
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...Analysis for Doing Business in Israel Casey Horner March 26, 2014 Introduction This report was commissioned to examine the necessary cross cultural analysis factor and processes due to extending business into Israel, and it suggests concerns and strategies to have successful business in Israel. The following are utilized and expressed in the examination: * Hofstede’s Dimensions of Culture * CAGE Framework in context of distance * Strategy recommendations Hofstede’s Dimensions of Culture These dimensions of culture include power distance, individualism, masculinity, uncertainty avoidance, and long-term orientation. Each dimension offers insight into how the country operates in business. Below is the comparison of each dimension between the United States and Israel: * Power Distance- United States: 40, Israel: 13 * Individualism- United States: 91, Israel: 54 * Masculinity- United States: 62, Israel: 47 * Uncertainty Avoidance- United States: 46, Israel: 81 * Long-Term Orientation- United States: 29, Israel: NA (Clearly Cultural, 2013) Power distance refers to the acceptance of inequality of power or status within an organization or institution. The followers, not the leaders, define this dimension. As seen above, there is more power equality, or less distance between have’s and have not’s, in Israel than in the United States. The power equality in Israel is related to the measurements in the individualism dimension. Israel has a lower...
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...could be in sports, economics or business. It is found in different ways in real life. The following will be showing...
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... 3 | Factors affecting Israel and their solution | 8-10 | 4 | Bibliography | 11 | Sl No | Particulars | Pages | 1 | Introduction | 2-3 | 2 | Macro-Economic Analysis | 4-7 | 3 | Factors affecting Israel and their solution | 8-10 | 4 | Bibliography | 11 | TABLE OF CONTENTS TABLE OF CONTENTS Submission by – Group 5 Yashwant Kasturi – 49B Srinivas Gadepalli – 42B Shasank S Jalan – 37B Saurabh Malik – 34B Saurabh Kumar – 35B Submission by – Group 5 Yashwant Kasturi – 49B Srinivas Gadepalli – 42B Shasank S Jalan – 37B Saurabh Malik – 34B Saurabh Kumar – 35B Macro-Economic review of Israel Macro-Economic review of Israel Economic Backdrop In the last decade, Israel has secured * Strong growth—averaging 3.8 percent * Inflation in the 1–3 percent range * Public debt falling below 80 percent of GDP * Budget deficits declining into the 1–3 percent range * Freely floating and competitive Shekel (Israeli Currency) The economy was open and flexible—reflected in * Exports of around 40 percent of GDP * Stable Property markets (capped by earlier supply overhangs) * Highly activist and effective Financial—and especially banking—supervisory structures The Israeli economy is a diverse open market economy. Being a relatively young state in the modern era, Israel is recognized as a developed market by many major indices. It has also became a member of the OECD in 2010. As of 2011, Israel has the largest number of...
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...port development of Gaza. Gaza needs to create a new policy to suit the changing global environment that will protect the safety of people’s lives as well as boost Gaza’s economy. BACKGROUND 1. Political Environment Gaza has very long history in the world, and it is also a place that suffered a lot. It has been ruled by both Egypt and Israel and is beloved by neither, which is a problem for all. Gazans are emphatically Palestinian, a national identity forged from the trauma of losing their land to Jewish armies in 1948, the year Israel was established. Many defeated Arab landowners fled to Gaza, where 3 out of 4 residents are classified as refugees. The Jews initially made no claim to Gaza, and the strip of coast became a holding pen administered by Egypt's military. The West Bank was annexed by Jordan. (Vick, Klein, &Khalil, 2012) Nowadays Hamas Government controls this place, but it is still not a country. Israel, which considers Hamas a terrorist group, allowed just a few dozen through its crossing at the other end of Gaza on any given day, mostly medical patients and a select group of businessmen who trade with Israel. Both borders were frequently closed on security...
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...Phase 1 Individual Project International Business Communications Professor Randi Plante Colorado Technical University Online Octavia Briggs 16 April 2014 Opening a fast food restaurant anywhere can be challenging but going to another country to open a burger joint will take a lot of research and training of the right people. Language barrios will need to be gapped and food studies put into place. I am going to be writing about opening a fast food hamburger restaurant in China, Israel, United Arab Emirates and Mexico. Every country has differing foods and tastes thus it will be beneficial to do a lot of studying before anything else. Israeli food is very flavorful and all ingredients are at its best. This is true whether it be the foods from the streets or a fast food restaurant. Israeli people's sense of taste differs greatly from those in the United States; they are "Toffee Nosed" when it involves food. You would have to have a very tasty burger to make it in Israel and probably have to cook it on a charcoal grill rather the electric or gas before they will eat it. "The kosher social seal is awarded to eateries that pledge to treat those preparing and serving the food in an ethical way. This means paying overtime, providing health insurance, and ensuring the equal treatment of minorities – the list goes on." (Harman, D. 2008) In china, the elders are fed first; always wait until the host has finished their offer of words of greeting to start eating...
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...Israel Preface Israel is a country with a rich history and very prominent future ahead of them. The current on going political and territorial battles have not prevented the country to excel in their quest to build a strong economic infrastructure. Throughout all the turmoil in the country Israel has been able to establish a name for them in the global market. The way the world see Israel in the media is not the culture in which they live. This image that the media has placed on Israel put them at a disadvantage in gaining the attention of multinational corporations to do business in Israel. Though out the course of this paper we will explore the history, culture, geography, social, political, and economics aspects of the country. The growth and strides that Israel has made within the last 62 years of the formal existence proves that they are a contender to be a power player in the world. History The government recognition of Israel date back to the year 1948, but Israel through the Jewish faith existed long before this date. Many would say that Israel was their land through the biblical teaching according to the Torah. The Torah states that “ The Lord appeared to Abraham and said, To your offspring I will give this land. So he built an alter there to the Lord, who had appeared to him”. (Torah Genesis 12:7) The land in which Israel reside currently was occupied by the Palestine’s. This was the origin of many of the wars that take place in Israel past...
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...Israel Outline Basic Facts Hofstede’s dimensions Time Communication Style Gestures and body language Naming Business Cards Meetings Hierarchies Relationships and respect Do’s and Don’ts Sources 2 23/04/12 Basic facts In general Capital: Tel Aviv Area: 22,072 km² Parliamentary democracy Population: 7.8 million 75% Jewish 20% Arab 5% others Human development index : 0,88 (GER 0,91) 3 23/04/12 Basic facts Economy GDP: $245.266 billion (GER: $3.306 trillion) GDP by sector: agriculture (2.7%); industry (31.7%); services (65.6%) Per capita : $32.297 (GER: $44.729) Unemployment: 5.5% (2011) Population below poverty line: 24% 23/04/12 4 Hofstede’s Dimensions PDI: Israeli’s are very egalitarian IDV: individual success and family are both important MAS: smaller gap between men’s and women’s values UAI: foreign politics 23/04/12 5 Time Business hours Full time work hours are generally 40-45 hours per week in a 55.5-day week. The work week begins on Sunday and ends on Thursday, or Friday at noon. On Saturday (the Jewish Sabbath) almost all businesses and offices are closed. Punctuality expectations depends on cultural background, from right on time to very flexible. It is best to avoid being more than 10 to 15 minutes late 23/04/12 6 Communication and Business ...
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...Does the land of Venture Capital have a national competitive advantage for Private Equity? Checcarelli Betti Francesco Hawlasewicz Maja Janssen Wim Kees Irina Müller Doing Business in Emerging Markets Fall Term 2014 04. November 2014 Abstract This assignment conducts an analysis of Israel using Porter’s Diamond model with a focus on the Private Equity industry. The aim is to understand if Israel has a national competitive advantage for the PE industry. Factor conditions National level. The country’s natural endowment is rather weak, forcing the nation to focus on knowledge-based industries (i.e. software, biotech, etc…) rather than being heavily dependent on natural resources. The ongoing hostilities with its neighbouring countries shaped the economic landscape, having a positive effect on Israel’s defence industry, which in turn provided a foundation for wide parts of the country’s high-tech industries. In addition, the near east led to even closer collaboration between Israel and the US, which is the top foreign investot in Israel, accounting $19.7 billion of the $74.4 billion in FDI in 2012, or 26.5% of the total (Kumar et al., 2009, p. 11). PE activity. These preconditions, supported by a strong education system within science and engineering-related subjects, helped Israel to build up one of the country’s most important strategic assets: specialized know-how and well-educated labour, especially within the high-tech sector, give rise to potential...
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...Cultural Communication Maureen Schneider International Business Communications Professor Rodger January 18, 2016 Geert Hofstede’s 6 Dimensions is a tool that is helpful in comparing different cultures. This tool can help businesses that are planning to do business outside of their own country by helping to show the similarities and differences in the cultures of the countries. To properly use this comparison one must first understand how Geert Hofstede’s 6 Dimensions can be interpreted and of course what each dimension stands for. The 6 Dimensions are: Power Distance, Individualism, Masculinity, Uncertainty Avoidance, Long Term Orientation and Indulgence. According to the Geert Hofstede website each dimension is describe as follows: Power Distance – extent in which the culture accepts the fact that power, within the society, is not distributed equally. The higher the score in this dimension shows that the culture believes that an inequality in power distribution is acceptable. Individualism - extent in which a society maintains interdependence among its members. Self-Image is defined as either I or we. In an individualistic society the members take care of themselves and their direct family members. The higher the score in this dimension indicates that the society is based on individualism and not collectivism. In a collectivist society the members take care of one another, the in group, usually in exchange for loyalty. Some cultures...
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...One must know a person before doing business with him or her, and the only way to know a person in Mexico is to know the family. Personal relationships are the key to business success. In order to make this connection intermediaries are used. It is critical, especially for a high ranking meeting, to use a person who is known to the Mexican businessman or woman you are meeting. This is your "business family" connection, the person who will introduce you. This person is the bridge that builds the trust necessary to do business in Mexico. High/Low Context Conversation America is a low-context culture. We speak very directly and say what we mean. We don’t rely on non-verbal communication to get our meaning across. When we have something to say, we just say it. We don’t rely on pauses or inflections to make a point. We are a direct people. However, not all cultures with whom we interact are as straight forward. The four countries into which we are expanding our business (United Arab Emirates, Israel, Mexico, and China) tend to be more high-context. In high-context cultures silence is a power communication tool. Much is conveyed without uttering a word. Non-verbal communication and body language are used more frequently in these cultures. One must read between the lines (Chaney & Martin, 2013). Of our four countries, Israel could be considered somewhere in between. Israel uses high-context communications, but they are also direct in their speech. They will use...
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...conflicts which have existed many years is conflicts between Israel and Palestine in West Band. Both of Israeli and Palestinian have suffered violence and death every day. Many activists endeavored to solve this problem such as using violence to against violence but this did not work. In 2003, there is a small village which was successful to use non-violent way to solve the conflict between Palestinian and Israeli there. However, this success was not known by others broadly until Julia Bacha showed a documentary film Budrus about this Budrus village. She makes this film because she believes that “at the core of ending the conflict in...
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...CHAPTER 1: A GENERAL VIEW ABOUT THE MIDDLE-EAST 1. General Overview of Middle East The Middle East is a region that encompasses Western Asia and North Africa. It is often used as a synonym for Near East, in opposition to Far East. The corresponding adjective is Middle-Eastern and the derived noun is Middle-Easterner. ▪ Traditional definition of the Middle East: Egypt, Syria, Israel, Lebanon, Jordan, Iraq, Saudi Arabia, Kuwait, Bahrain, Qatar, Turkey, Cyprus, UAE, Oman, Yemen. ▪ Population: estimated 2010 about 350 million. ▪ Situated between Asia, Europe and Africa. Throughout its history, the Middle East has been a major centre of world affairs. ▪ The Middle East generally has an arid and hot climate. ▪ In modern times the Middle East remains a strategically, economically, politically, culturally and religiously sensitive region. The Middle East expected economic growth rate is at about 4.1% for 2010 and 5.1% in 2011. [pic] 2. Religions The Middle East is very diverse when it’s come to religions, many of which is originated there. Islam is the largest religion. Besides, Judaism and Christianity are also important there. There are still many branches in each religion. 1.3 Languages Three top languages based on numbers of speaker: ▪ Arabic: Arabic is the most widely spoken language in the Middle East, the influence of Arabic has been most important in Islam countries such as: Saudi Arabia, Egypt, Lebanon, Kuwait...
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...capillary production facilities. In order to maintain its world leading market share of wire bonding tools, the company must decide whether to increase its capacity at its existing Israeli site or establish a new location in the growing Asia-Pacific region to keep pace with the competition. The company is headquartered in Willow Grove, Pennsylvania and has manufacturing facilities in California and Alabama. It also has facilities in such highly diverse and far away locations as Israel, Taiwan, Singapore, and Switzerland. Approximately 80 percent of the company's total sales volume is generated overseas. Recognizing the need for a growth strategy to remain competitive and K&S’s position in the tool bonding market, K&S needs to expand its capacity. It would be advantageous for K&S to add an additional facility. Since the customer base was moving to Asia; China, Jordan and Singapore were considered and evaluated for the most optimal location in addition to expanding the existing capacity in Israel. Weighing the advantages and disadvantages of each location, K&S should build a new facility in Suzhou, China. ANALYSIS Kulicke & Soffa needs to base their decision regarding an expansion effort by deciding what criterion are most important to their supply chain. In order for K&S to make a sound decision regarding the design of their supply chain network, they must ascertain what type of supply chain would be most applicable given the type of product they are...
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...Business was booming, things were as the young generation of today would say “popping”; and all the while, America, just like the children of Israel started forgetting about someone who was responsible for all these good things happening to them. They started forgetting about God. Baal is a name that any Biblical Scholar should be familiar with; it’s a name that constantly got the children of Israel in trouble with the Holy Father. Baal was a pagan god and had seduced Israel to disrespecting the sacred covenant that they had made with God. “Apparently sacred prostitution, which was common in the fertility rites of the Baal cult, was still being practiced according to Hosea 4:10 – 18” . Surely God was against this practice for His people and their worship of Baal. The prophet Amos also preached against this vile practice, but of course, no one paid attention to his words that had come directly from the Lord. Now it is time for the Lord to use Hosea to speak for Him, and thus...
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