...through their mental models and values. It then breaks out the four dimensions of culture identified by Geert Hofstede. A general overview of negotiations follows the culture. It includes a definition of negotiations and discusses the range or continuum of negotiation styles. The section on negotiations closes with an overview of negotiation skills to include the actors and their frames of reference. The final idea provides a description of how culture impacts negotiations. First, it overlaps four elements of negotiations; actors, structure, strategy, and process with Hofstede’s dimensions of negotiation. Then, a summarization of cultural affects on specific negotiation styles is provided. Defining Culture Working Definitions Olivier Faure attributes the 20th century French writer and politician Herriot, with this definition of culture: it is “what remains when one has forgotten everything” (5:2). Faure’s reason for quoting Herriot is to point out that culture is more a way of an individual’s actions of which they are usually unaware (5:2). Culture is a product that reveals itself in social behaviors...
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...to understand failure and the motivation to move onward. Meta-cognitive awareness and personal strategies can play a role in developing an individual’s ability to persevere through failure, and combat other diluting influences. Awareness and reflective technologies can be instrumental in developing a meta-cognitive ability to make conscious and unconscious decisions about engagement that will ultimately enhance learning, expertise, creativity, and self-actualization. This paper will review diverse perspectives from psychology, engineering, education, and computer science to present opportunities to enhance creativity, motivation, and self-actualization in learning systems. r 2005 Published by Elsevier Ltd. Keywords: Creativity; Learning systems; Psychology; Failure; Motivation Education has the dual power to cultivate and to stifle creativity. Recognition of its complex tasks in this domain is one of the most fruitful intellectual achievements of modern psychopedagogical research. Edgar Faure (Learning to Be, Unesco, Paris 1972) ÃFax: 617 258 0290. E-mail address: win@media.mit.edu. 1071-5819/$ - see front matter r 2005 Published by Elsevier Ltd....
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...THE IMPACT OF CLIMATE CHANGE ON THE UK HEALTH By Name Course Professor’s Name Institution State Date In the modern society, human practices influence the environment in a negative way. Specifically, industrial, agricultural and domestic activities exacerbate the ecological system, affecting humans, animals, and plants. Greenhouse emissions, agricultural chemicals, and domestic toxics cause air and water pollutions that affect human health. Therefore, climate change is an imperative factor that needs proper redress in protecting the health of the UK citizen. Accordingly, this paper examines the holistic health experience associated with climate change. Particularly, the paper explores climatic changes such as pollution and flooding and their direct influence in human health through infection and diseases. Climate change in the twenty-first century plays a vital role in the issue of public health. The rapid population growth rate of the modern world endangers human development and weakening the capacity of the contemporary communities to adapt and respond to climate change. The interrelation of population and climate changes lies in mitigation and adaptation. For this reason, people should reduce the levels of greenhouse emission and subsequently decrease the vulnerability of the population to the effects of climatic change. The science of climate changes integrates profoundly with the dynamics of the population. For example, the mass...
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...THE RELEVANCE OF INDIGENOUS CUSTOMARY EDUCATION PRINCIPLES IN THE FORMULATION OF SPECIAL NEEDS EDUCATION POLICY BOAZ Paper presented at the Fourth International Special Education Congress, Birmingham, 10-13 April 1995 University of Manchester School of Education April 1995 THE RELEVANCE OF INDIGENOUS CUSTOMARY EDUCATION PRINCIPLES IN THE FORMULATION OF SPECIAL NEEDS EDUCATION POLICY Joseph Kisanji INTRODUCTION The Salamanca Statement and Framework for Action on Special Needs Education adopted at the World Conference on Special Needs Education in June 1994 reaffirmed commitment of the world community to “Education for All” and urged governments to “give the highest policy and budgetary priority to improve their education systems to enable them to include all children regardless of individual differences and difficulties”. The United Nations (1994) in its “Standard Rules on the Equalization of Opportunities for Persons with Disabilities” urges Member States in Rule Number 6 to ensure special needs education “is an integral part of the education system”. These statements in support of the “Education for All” campaign which was given the blessing of the international community at the 1990 Jomtien Conference provide broad guidelines for national and local action. However, national governments have to unpack the guidelines to make "Education for All" a...
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...ARISTOTLE’S PRUDENCE IN UPHOLDING THE VANISHING FILIPINO VALUE; DELICADEZA A Termpaper Presented to Dr. Rodrigo Abenes,PH.D Rogationist Seminary College-Manila In Partial Fulfillment of the Requirements for the Course Bachelor of Arts in Philosophy Submitted by: Sem. Joseph Jeric C. Umangga ARISTOTLE’S PRUDENCE IN UPHOLDING THE VANISHING FILIPINO VALUE; DELICADEZA I. INTRODUCTION Ancestors during their times are known for being disciplined and decent citizens.[1]Ancient law makers had filled the Philippines through instituting laws, rules and regulations to provide the citizens a peaceful and orderly way of life. Through the obedience of the Filipinos, they had practiced to be always properly conducted every time in accordance with the place they dwell with. Later on, Filipinos have found the conclusion which is to include the value called Delicadeza as one of the Filipino values. II. DELICADEZA AS A VALUE Delicadeza is a Spanish word coined from “Delicado” which means fragile, irreplaceable and precious.[2] In Spanish it can mean many things – ‘delicacy’, ‘kindness’, ‘tact.’ The word implies a care for what others think and the accordant behavior this requires from the person in act. When one does not exhibit delicadeza then one does not care what others think and will behave despite what has been deemed ‘improper. ’ Delicadeza, in this sense, can be seen to underline a sense of community...
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...Developing Country Studies ISSN 2224-607X (Paper) ISSN 2225-0565 (Online) Vol.5, No.4, 2015 www.iiste.org A Risk-based Assessment of Ghana Commercial Bank Limited ADU-MENSAH, Simon1 ABDALLAH, Mohammed Inusah2 ANTWI, Stephen Kwadwo3* 1. Depot Manager, Armajaro Company Limited, Nyinahin District, Ashanti, Ghana 2. Lecturer, Department of Accountancy, Tamale Polytechnic, P.O. Box 3 ER, Tamale. 3. Lecturer, Department of Accountancy, Tamale Polytechnic, P.O. Box 3 ER, Tamale. *stevekwadant@yahoo.ca Abstract Risk management is a very important concept for any business as most financial decisions revolve around the corporate cost of holding risk. This issue is particularly important to banks since risk constitutes their core business processes. This study assesses the risk profile of GCB to ascertain its soundness and conformity to international best practices. The study selects credit, liquidity, market and operational risks as dependent variables while size, NPLs ratio, capital adequacy and asset management are utilized as explanatory variables for the period of five years from 2007 to 2011. The regression results indicate that the size of bank does not influence any of the risks. Apart from credit risk which is influenced positively by the NPL ratio, all the other risks, show a negative relationship with NPL ratio. The capital adequacy has a negative relationship with credit and liquidity but a positive relationship with market and operational risks...
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...A Critical Examination of the Impact of Section 172 of the Companies Act 2006 There has been a plethora of debate surrounding the approach to directorial decision making in the scheme of corporate governance. A divergence has emerged between numerous schools of thought as to whose interests the directors are to consider in conducting the company’s management. The approach under English law is codified under section 172 Companies Act 2006 (‘CA 2006’) which professes an ‘enlightened shareholder value’ approach to corporate governance. This has given rise to scrutiny and challenge from numerous critics but most notably from proponents of the ‘stakeholder management’ stance. The aim here is therefore to evaluate the scope and impact of section 172 and consider the possible alternatives whilst seeking to establish whether section 172 can be considered a positive development within company law. 1. Previous approach Under the common law, directors were required to act in good faith in what they believed to be in the company’s best interests. The main problem was that the company is a legal abstraction and acting in the ‘company’s interests’ is a fairly obscure and elusive concept; thus reform was necessary so that directors could ascertain what the ‘company’s interests’ actually entails i.e. whose interests it is referring to[1]. Moreover, under section 309 Companies Act 1985, directors were to have regard to the ‘interests of the company's employees in general...
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...Student in Business Administration Glorious Sun School of Business and Management, Donghua University 1882, Yan’an Road, Shanghai China Abstract With a Sino-African trade growing at 40% a year and a steadily growing economy above 5% in Africa are challenging Chinese companies and individual Chinese businessmen to reassess broad stereotypes and globalization strategies in this continent. This paper reviews a comparative analysis of fundamental values and interpersonal relations between Chinese and Sub-Saharan Africans, and also their impact on the intercultural activities. It outlines differences and synergies amongst African and Chinese cultures. The study aims to introduce some important recommendations and factors, which may have an essential impact on Chinese companies operating in Sub-Saharan Africa. It provides in addition empirical insights of a set of values that may influence Chinese and Sub-Saharan Africans’ behaviours. New suggestions related to cross-cultural activities are reported to implement adequate human resource management policies within these companies. The paper includes implications for the development of new cross-cultural strategies and restructuration of the human resource policies. Keywords: Cross-cultural Values; Identity; Cross-Cultural Management; Group Affiliations; Intercultural Communication; Beliefs Introduction According to many studies, cross-cultural issues are among the most central and most persistent factors that influence...
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...Executive summary The report is based on the question stated below: Culture – Negotiation, "Cross-cultural communication often involves several barriers preventing success, the aim of this report is to identify the various problems that may arise in an attempt to explain how to overcome them" Basically we`re going to have a look at the meaning of communication before getting to understand the different cultures we come across worldwide. What defines communication, the different types of communicating and how is communication used. When understanding these subjects’ doors open to have a look at the differences communication is altered and affected by different cultures and how it is used in doing business across the globe. Hopefully it will reveal the answer to the question stated above. This report explores the communication process and identifies how varying cultures have an effect. The differing regional norms within the continents globally are also compared to aid successful communication across different cultures. Introduction In its basic form, negotiation is a method of conflict resolution. It is a problem-solving process in which two or more parties attempt to resolve their disagreement or conflict in a manner, and through a process, that is mutually agreeable. Whereas the general concept of negotiation is easy enough to understand, in practice it can be an extremely difficult proposition. Opposing views about what is right and wrong, disagreement on what...
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...mixture of different roles together: “Maoist bureaucrat in learning”, “Confucian gentleman”, and “Sun Tzu-like strategist”. The Chinese negotiating strategy is essentially a combination of cooperation and competition (termed as the “coop-comp” negotiation strategy in this study). Trust is the ultimate indicator of Chinese negotiating propensities and role choices. Research limitations/implications – The focus of this study is on Chinese negotiating style shown in large B2B negotiations with Chinese SOEs. Originality/value – Differing from most other studies on Chinese negotiating style which tend to depict the Chinese negotiator as either sincere or deceptive, this study points out that there exists an intrinsic paradox in Chinese negotiating style which reflects the Yin Yang thinking. The Chinese negotiator has a cultural capacity to negotiate both sincerely and deceptively and he/she changes coping strategies according to situation and context, all depending on the level of trust between negotiating partners. Keywords China, National cultures, Negotiating, Management skills, International business Paper type Research paper An executive summary for managers can be found at the end of this article. The People’s Republic of China (PRC) has emerged as one of the most dynamic elements in the global economy (Lardy, 2002; Nolan, 2001;...
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...Culture Impact on German Negotiation Style Chen Shuqi SEIB Abstract As the increasing frequency of international trades, international negotiation skills draw a lot of attention. Regarded as a major barrier for cross-cultural communication, understanding culture difference is of signification . This essay will firstly introduce the study history and relevant definitions of international negotiation and how culture factors impact on negotiation style. Considering the gradual closed trade relationship between Germany and China and the commonly acknowledged differences of national cultures between them, this essay would firstly analyzes images of Germans for the general Chinese in a book, Die Langnasen . Further, it clarifies German negotiation style basing on analysis from Hofstede's cultural dimensions theory. We find out that some of German business behaviors from the theory don’t fit with our general impression as the book concludes. After discussion about the deficiency of the theory or possible stereotype of the book, we try to present a modification of the prevalent impression about German negotiation style, and give some suggestion about how to carry out a better international business negotiation with Germans. It may be possible to provide us a better understanding in successful negotiation process with Germans. Key words: International negotiation, German culture, German negotiation style 德国文化对其谈判风格的影响 陈舒祺 国际商务英语学院 2011级国际商务管理 摘 要: 随着跨国贸易的频率迅速增长,国际商务谈判技巧尤为重要。...
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...Introduction While United States Generally Accepted Accounting Principles (U.S. GAAP) are required throughout the United States, other countries utilize other methods of classifying their financial statement items. While the standards of accounting differ among many countries, there has recently been an effort to attain a universal set of standards under International Financial Reporting Standards (IFRS). While this has not yet been achieved, multiple countries have made an effort to converge their standards with IFRS. This paper attempts to illustrate the diversity that currently exists throughout the accounting world, briefly comparing several key differences of U.S. GAAP to the standards used in Hong Kong, China, Mexico, and the United Kingdom. Hong Kong With a few minor exceptions, Hong Kong has officially converged its financial reporting standards with IFRS effective January 1, 2005 (AdoptIFRS.org). Hong Kong’s primary GAAP-required statements are known as Hong Kong Financial Reporting Standards (HKFRSs), including their interpretations (Deloitte Global Services Limited, 2013). Other mandated GAAP requirements are found in Hong Kong’s Companies Ordinance as well as its Listing Rules (Deloitte Global Services Limited, 2013). The following paragraphs briefly highlight key financial statement items and their differing treatments by Hong Kong under IFRS and U.S. GAAP. The Balance Sheet While U.S. GAAP only provides a small amount of direction when clarifying how assets...
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...Journal of Economic Literature 2010, 48:4, 935–963 http:www.aeaweb.org/articles.php?doi=10.1257/jel.48.4.935 Quality Disclosure and Certification: Theory and Practice David Dranove and Ginger Zhe Jin* This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address two sets of theoretical issues. First, why don’t sellers voluntarily disclose through a process of “unraveling” and, given the lack of unraveling, is it desirable to mandate seller disclosure? Second, when we rely on certifiers to act as the intermediary of quality disclosure, do certifiers necessarily report unbiased and accurate information? We further review empirical evidence on these issues, with a particular focus on healthcare, education, and finance. The empirical review covers quality measurement, the effect of third-party disclosure on consumer choice and seller behavior, as well as the economics of certifiers. ( JEL D18, K32, L15, M31) 1. Introduction A young couple expecting their first child might consult healthgrades.com hospital rankings to help choose where to deliver their baby. A year later, the couple decides they need an SUV and consults performance specifications provided by manufacturers and reads Consumer Reports to learn about reliability. Soon thereafter, the couple ...
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...dimensions to create unique shopping experiences for the customers. However, whether consumers are able to perceive newer service dimensions and getting affected for store patronage in new store formats or not, remains to be found out. Store image is a critical component in store choice and store loyalty. Perceptions about stores are driven substantially by tangible characteristics of stores, such as format or list size, distance of store from home, as well as intangible factors like the environment of the store. The fact that Indian retail environment is going through a sea change due to the introduction of new formats and opening up of retail industry, it becomes important to understand the store image perceptions of consumers here. This paper attempts to find out the key factors that are perceived as important to Indian consumer. Keywords: Store Image, apparel stores, Factor Analysis, Regression Analysis Introduction Retailing in India is gaining attention like never before. Organized retailing especially is creating euphoria amongst Indian consumers drawing them into malls and trade areas in huge numbers. Retailers are offering newer service dimensions to create unique shopping experiences for the customers. However, whether consumers are...
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...BAB 1 PENGENALAN 1.1 PANDANGAN UMUM BAB Kajian ini dijalankan dengan tujuan untuk memahami dan menjelaskan amalan perundingan yang dijalankan oleh kerajaan Malaysia dalam usaha menyelesaikan perbalahan dan perbezaan pandangan dalam hubungan antarabangsa. Bab pengenalan ini menjelaskan motivasi yang mendorong kepada kajian ini, tinjauan kepentingan amalan perundingan dan membuat keputusan, jurang literatur, objektif, methodologi dan kepentingan kajian serta batasan kajian, organisasi kajian dan akhirnya dibuat satu ringkasan. 1.2 PERNYATAAN MASALAH KAJIAN Sebagai seorang pemerhati dan penganalisa hubungan Malaysia-Singapura, saya mendapati bahawa hubungan dua hala antara Malaysia dan Singapura berjalan dengan lancar pada peringkat kerjasama antara kerajaan dengan kerajaan, antara agensi dengan agensi dan antara rakyat dengan rakyat. Hubungan perdagangan antara kedua-dua negara sangat akrab dan menguntungkan kedua-dua pihak. Dari segi kerjasama dalam isu keselamatan didapati agensi polis dan pasukan keselamatan telah menjalin hubungan yang sangat baik dalam menghadapi ancaman keselamatan samaada dari dalam negeri atau pun dari luar sempadan kedua-dua buah negara. Walau bagaimanapun dalam isu Point of Agreement (POA) yang dimeterai secara sulit antara Tun Daim Zainuddin (Malaysia) dengan Lee Kuan Yew (Singapura) pada 27 Nov 1990 yang telah tertangguh selama 20 tahun untuk dilaksanakan seolah-olah menidakkan kemesraan hubungan dua hala ini dan menjadi...
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