...The name El Salvador when taken literally is Spanish for the Republic of The Savior. It Central America’s most densely populated as well as the smallest country. Although San Salvador serves as the capital city, San Miguel and Santa Ana are other important commercial and cultural centers (Ramon, and Valdes, 2000). The main language is Spanish. Therefore, as a company, Express Script can do well by having initial operations in one of the three centers. Also hiring Spanish-speaking workers can help. Cultural attitudes toward women and children Children are taught early and expected to behave respectfully towards their elders. This involves use of respectful terms of address and also in greetings. In addition, they should obey and comply with requests or orders from the adults. Once children reach six or seven years, they can be reprimanded or hit if they do not comply with requests made by adults, answer back or complain. Parents also use shaming method to discipline their children (Mahler, 1995). To do this, they complain loudly about the guilty child to another child or adult when the child is within earshot. Shaming is usually used if the child has not completed the assigned chores, is dressed improperly or has performed poorly in schoolwork. This is important for Express Script employees from other countries who might find this strange. Women are also expected to respect men and should not under any circumstances raise voice to them. In addition, they must serve food on demand...
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... Wal-Mart Stores, Inc. is an American public corporation that runs a chain of large discount stores and a chain of warehouse stores. It is the world largest public corporation by revenue, according to the Forbes Global 2000. Wal-Mart has 8500 stores in 15 countries, with 55 different names. The company operates under its name in the United States, including 50 states. Wal-Mart operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu and in India as Best Price. It has wholly owned in operation in Argentina, Brazil, and Canada. Wal-Mart investment outside North America have had mixed result: it operation in the United Kingdom, South America, and China are highly successful, while it was forced to pull out of Germany and South Korea when ventures there were unsuccessful. Wal-Mart operates in three business segments - Wal-Mart U.S., International, and Sam's Club. For fiscal 2010, Wal-Mart U.S. accounted for 63.8% of total net sales, the International segment generated 24.7% of the company's net sales, and Sam's Club accounted for 11.5% of net sales. International competitiveness Internal analysis – Micro environmental factors affecting international sales P.E.S.T analysis – Macro environmental factors affecting international sales. Fortune magazine front cover featuring Wal-Mart. Conducting business internationally will never be easy as doing business at home. It is likely to stretch managerial skills and resources to...
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...Spring in Mexico Cinco de Mayo is not only a holiday known for it's parties, but also it's history. The story starts on May 5th, 1862; Mexico. In the town of Puebla de los Angeles, General Zaragoza, leader of the Mexican army, gathered his troops and townspeople to stand up against France in the Franco-Mexican War. Not only was this victory unpredicted, but it also encouraged Mexican Unity throughout their people. Cinco de Mayo is now a day to celebrate Mexico's win. It is celebrated with colorful decorations such as flags, banners, ribbons, and includes entertainment all around. This involves mariachi bands, street dancers, parades fireworks, and reenactments of the Battle of Puebla. I find the Dia de la Indepencia and Cinco de Mayo to be...
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...that, I must say that within our group grace was prevalent in ways I have never experience before. Looking back I can definitely say that if there was any topic that I learned the most about while abroad I would have to say that topic would have to be myself. You see, the Cuban people have been in this situation for a very long time, and as even the Cubans say, I rather laugh at the situation them to be preoccupied. A situation of limitations and even lack of the very things they need on the daily basis, such as food, medicine and clothing among other things. Whereas in the USA, where there are no limitations the...
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...of Mexico Mexico foundation starts in the year 900 B.C. with the migration of the Mexica from Aztlan tribe, towards the center of Mexico. When the Mexica tribe arrived, where now stands Mexico City, they found an eagle holding a serpent between its claws on a cactus. The Mexica thought this was a message from their god Huitzilopochtli (sun god) telling them that there was their sacred land. Pre-Hispanic Cultures Before the Mexica arrived to the center of Mexico and Central America, many pre-Hispanic cultures were developed, sharing their traditions and culture. When we talk about Mesoamerica, it refers to cultures that existed before the European conquest in the territories that are now Mexico, Guatemala, Belize, Honduras, El Salvador, Nicaragua and Costa Rica. In Mesoamerica grew and faded many cultures, some of the most important were the Olmec, Zapotec, Maya and Aztec. These cultures had their own art, architecture and religion, most of these cultures were conquered by other cultures and therefore there was a mixture developing and forming a new and enriched culture. These cultures lived on the Pre-classic, Classic and Post classic which is division in periods of the pre-Hispanic period, some of these cultures lived for over a period, others just lived through one. The Conquest of Mexico and the Creation of New Spain In 1492 Christopher Columbus arrived in Cuba and thought that they were in the Indies (today India). Almost thirty years later, Hernán Cortés...
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...Travels of Rizal Rizals First Trip Abroad 3 May 1882 Rizal left Philippines for the first time Spain. He boarded the Salvadora using a passport of Jose Mercado, which was procured for him by his uncle Antonio Rivera, father of Leonor Rivera. He was accompanied to the quay where the Salvadora was moored by his uncle Antonio, Vicente Gella, and Mateo Evangelista. 15 June 1882 He left Marseilles for Barcelona in an express train. Rizal in Barcelona, Spain 20 August 1882 His article "Amor Patrio" was published in the Diarong Tagalog, a Manila newspaper edited by Basilio Teodoro. This was the First article he wrote abroad. Rizal in Madrid, Spain 2 September 1882 Rizal matriculated at the Universidad Central de Madrid. He took the following subjects: medical clinic, surgical clinic, legal medicine and obstetrical clinic. 4 October 1882 Asked to deliver a poem by the members of Circulo Hispano-Filipino, there together in the effort to save the association from disintegration, Rizal recited "Me piden versus." The meeting was held at the house of Pablo Ortiga y Rey. 2 November 1882 He wrote the article "Revista de Madrid" which was in intended for publication in the Diarong Tagalog in Manila, but was not published because the newspaper stops its circulation. 7 November 1882 Rizal wrote an article entitled "Las Dudas". The article was signed Laong - Laan. Rizal in Paris, France 18 June 1883 With Felipe Zamora and Cunanan, He visited the Leannec...
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...Domino’s Pizza in the Harlem Community. Domino’s Pizza Parlors have four to five stores in Harlem between the East and West side. Harlem is now a melting park of different cultures, races, religions and socio-economic backgrounds. In the past when people thought about West Harlem, they would think in terms of African Americans now Harlem has people from the Caribbean, Africa, and Caucasian people from America and Europe. East Harlem use to be thought of as Puerto Rican with the nickname El Barrio now there are people from Mexico, Honduras, Panama, San Salvador, and other Latin American countries. Caucasians and African Americans also live in East Harlem. The socio-economic status of people vary, People that are low income tend to live in New York City Housing Projects. People in the projects pay rent as low as $75.00 to as high as $700.00 a month. These people pay very little rent and many of the people are on public assistance. Domino’s chains make a great deal of their money from lower income families. A medium 12’ pizza is $11.00, large 16’ pizza is $15.00 both pizzas are with original and thin crust. Deep-dish pizzas are $12.00 for medium and $16.50 for large 15’ pizza. Buffalo’s wings $6.00 for 10 pieces, $3.50 for cinnamon and sugar sticks, twisty bread $3.50 and cheesy bread $3.50 and $75 for a can beverage. Domino’s pizza prices make it difficult for a person lower on the socio-economic scale to eat pizza weekly but many of them do. Many people...
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...its subsidiaries, operates as an international design, marketing, manufacturing, and sourcing company that features a portfolio of branded and private label activewear apparel and headwear. The company primarily offers casual and athletic products for men, women, juniors, youth, and children under the Soffe, The Cotton Exchange, Intensity Athletics, Junk Food, and The Game brand names. It also markets apparel garments for the entire family under Delta Pro Weight, Delta Magnum Weight, Quail Hollow, Healthknit, and FunTees brand names. In addition, the company engages in designing, marketing, and manufacturing private label custom knit t-shirts primarily to branded sportswear companies. It sells its products to specialty and boutique shops, upscale and traditional department stores, mid-tier retailers, sporting goods stores, screen printers, private label accounts, college bookstores, and the United States military. The company also sells its products directly to consumers on its Web sites at soffe.com, junkfoodclothing.com, saltlife.com, and deltaapparel.com. It has operations primarily in the United States, Honduras, El Salvador, and Mexico. Delta Apparel, Inc. was founded in 1999 and is headquartered in Greenville, South Carolina. Discounted Cash Flow Valuation I use the FCFF model to evaluate Delta’s price. The three-stage model assumes that the firm will have an impressive growth first, and then has a more moderate growth rate during the second period. The third stage is...
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...reconstruction of Europe, the Bank's mandate has transitioned to eradicating poverty around the world. In 1960, the International Development Association (IDA) was established to serve as the Bank's concessional lending arm and provide low and no-cost finance and grants to the poorest of the developing countries as measured by gross national income per capita.[2][6] The IBRD began investing in development projects such as the Japanese high-speed railway system in 1964. In 1971, the IBRD set up an agricultural scientific research partnership organization to promote research and technology in agriculture. Its initial investment in renewable energy projects was made in 1973 when it financed the development of a geothermal power plant in El Salvador. That same year, the Bank approved an increase of 40% in agriculture financing. The Bank issued its first loan for environmental improvements to Finland in 1975 to finance investments in combating water pollution. In...
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...there are more than seven billion people in the world. Is that not incredible? Over seven billion people. Yet, most of us will never truly or try to understand all the different types of cultures or their history that make up the total population in the world. Being a young lady who is half Filipino and Italian, it has always interested me how different the Filipino and Italian cultures are when comparing the two. These differences range from the food to mannerisms and traditions. However, there is one thing in common with these two very different cultures, they have a history of how they came to be. In order to truly understand all types of people, we must take the time to look at their history and learn about it. In this paper, I’ve chosen to take a deeper, more in-depth look at Guatemala and the ways people lived prior to the 1800s in terms of transculturation, hegemony, and the Columbian Exchange. “Transculturation” is the merging and converging of cultures. According to Maureen Shea, author of Culture and Customs of Guatemala, when Christopher Columbus arrived, it was “an encounter between European and Mesoamerican worlds” (2). The Europeans had arrived to establish “dominance while the Mesoamericans fiercely resisted the invaders, especially initially”. However, they found it “advantageous to acculturate themselves to the ways of the native population”. After Hernan Cortes conquered the Aztec empire in 1521, “Cortes sent one of this most able and ruthless generals...
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...IMPORT An import is a good brought into a jurisdiction, especially across a national border, from an external source. The party bringing in the good is called an importer. An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial transactions of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions. "Imports" consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accountsincludes and excludes specific "borderline" cases. A general delimitation of imports in national accounts is given below: * An import of a good occurs when there is a change of ownership from a non-resident to a resident; this does not necessarily imply that the good in question physically crosses the frontier. However, in specific cases national accounts impute changes of ownership even though in legal terms no change of ownership takes place (e.g. cross border financial leasing, cross border deliveries between affiliates of the same enterprise, goods crossing the border for significant processing to order or repair)...
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...Running Head: POVERTY IN AMERICA The Effects of Poverty on Millions Americans and New faces of Poverty & Possible Prevention Clara M Jones Strayer University Instructor: Dr. Astiage Tondari Economics of Social Issues ECO405009VA016-1124-001 June 9, 2012 Abstract When a person think of poverty, one simply says’ and or think that individuals, families, groups, and what have you lack financial stability; however, there is so much more that should be considered when it comes to poverty. The World Health Organization has described poverty as the greatest cause of suffering on earth. Living in a state of financial instability is both physically and emotionally damaging, the stress alone can make one ill. Poverty continues to be a problem not only in the United States of America but in developing countries and less developed countries (LDC) worldwide. Some of those countries are under developed countries and developing countries; furthermore, there are major problems in both. The main focus in this paper is on poverty in America; also, the new faces of poverty and how it affects the new faces. . Four Families of Article from USA TODAY, September 28, 2011 The article covers various issues of poverty of different families and individuals; however, the main portion of the article is about a father in Leesburg, Virginia. The man’s name is Billy Schlegel. He is the father of three children; also, he is divorced as of 2004. Billy and his ex-wife share joint...
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...Haiti From Wikipedia, the free encyclopedia Jump to: navigation, search Republic of Haiti République d'Haïti Repiblik Ayiti Flag Coat of arms Motto: "L'Union Fait La Force" (French) "Linyon Fe Lafòs" (Haitian Creole) "Strength through Unity" Anthem: La Dessalinienne Capital (and largest city) Port-au-Prince 18°32′N 72°20′W / 18.533°N 72.333°W / 18.533; -72.333 Official languages French, Haitian Creole Ethnic groups Black 95%; Mulatto and White 5%[1] Demonym Haitian Government Presidential republic - President René Préval - Prime Minister Michèle Pierre-Louis Formation - as Saint-Domingue 1697 - Independence from France 1 January 1804 Area - Total 27,751 km2 (147th) 10,714 sq mi - Water (%) 0.7 Population - 2007 estimate 8,706,497[2] (85th) - 2003 census 8,527,817 - Density 335/km2 (38th) 758.1/sq mi GDP (PPP) 2007 estimate - Total $11.150 billion[3] (133th) - Per capita $1,291[3] (154th) GDP (nominal) 2007 estimate - Total $6.031 billion[3] - Per capita $698[3] Gini (2001) 59.2 (high) HDI (2007) ▲ 0.529 (medium) (146th) Currency Gourde (HTG) Time zone (UTC-5) Drives on the right Internet TLD .ht Calling code 509 Haiti (pronounced /ˈheɪtiː/; French Haïti pronounced [aiti]; Haitian Creole: Ayiti), officially the Republic of Haiti (République d'Haïti ; Repiblik Ayiti), is a Creole- and French-speaking Caribbean country. Along with the Dominican Republic...
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...FINAL REPORT Impact of Trade and Economic Policy Reforms on Key Sectors of the Egyptian Economy PREPARED BY ATR Project SUBMITTED TO USAID/Cairo Ministry of Foreign Trade SUBMITTED BY Nathan Associates UNDER CONTRACT NO. PCE-I-00-98-00016-00 Task Order 827 2 April 2004 Contents Executive Summary Egypt’s Economy in Relation to the Global Marketplace Trade Policy and the International Trade Regime Impact of Trade Regime Changes on Subsectors Conclusions Next Steps 1. Introduction 2. Egypt’s Economy and Its Place in the Global Arena Egyptian Economy Today Structure of the Economy Labor force, Employment and Unemployment Macroeconomy and Balance of Payments Trade Patterns Macroeconomic and Trade Policy Reform Current Challenges Distinguishing Characteristics of Egypt’s Economy Water Resources and Growing Population Pressure Oil and Natural Gas Geographical Location Egyptian Culture Higher Education Socialism and Its Aftermath Egypt’s Comparative Advantage in the Global Economy Changing Global Economy Egypt’s Economy in Relation to Three Waves of Globalization Revealed Competitive Advantage Analysis v vi viii xi xiv xvi 1 5 5 5 7 8 10 12 13 14 14 16 16 16 17 18 19 19 22 25 II 3. Trade Policy and the International Trade Regime Current Trade Regime in Egypt Tariff Structure Non-tariff Barriers to Trade Multilateral, Regional, and Bilateral Agreements Multilateral Agreements Regional Agreements Bilateral Agreements Trade Regimes of Major Trading...
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...Kazakhstan`s place in Global Economy Dinara Zhangabayeva 145075 International business (MGMT 550) Submitted to ASSOC. PROF. DR. AKER SULE 28- 12- 2015 Introduction At the turn of 20-21 centuries, the world economy has entered a new phase of internationalization of economic life, which is defined as globalization. Globalization of the world economy as multidimensional process manifests itself in substantially all major aspects of modern economic life. The world is getting united through globalization. This is happening because of the technological advancements in the recent decades and the global organizations that made trading and capital movements easier. Regulations from various countries supported free trade, which made the countries more integrated with each other. Various entities were created to facilitate the trade between countries and to reach a more global economy (World Trade Organization, International Monetary Funds, The World Bank, European Union…). Efforts were made to get the financial markets integrated between each other as we have indexes for the whole world such as BBC Global 30, S&P global 100 … etc. and indexes for the European union like FTSE Euro 100, FTSE Euro Top 100… etc. The independence allowed Kazakhstan to establish economic relations with many developed and developing countries, to rebuild relationships with former partners and to advance on the path of integration into the world market. The liberalization of foreign economic...
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