...Dimensions: A Comparison of Greece and U.S. Human Resource Management Approaches By Kelly M. Mistretta MBOL2 MBA 533, Human Resource in Management Dr. James C. Dumville Saint Leo University – Center for Online Learning September 9, 2012 Name: Kelly Mistretta Title: Hofstede’s Cultural Dimensions: A Comparison of Greece and U.S. Human Resource Management Approaches Date: September 9, 2012 Abstract Globalization continues to become more important in the business culture in our world. No longer can management focus only on companies within their own country. Businesses are forced to compete with companies from other countries. With the increased global competition, a business must understand other cultures if they hope to remain competitive and have continued success. There are several models that show the influence of cultural differences between nations. Hofstede’s model, called the theory of cultural relativity of organization practices is the most recognized model. Hofstede’s model focuses on cultural influences and work behaviors in five different dimensions. Each dimension has important implications in understanding business. This paper will compare the Hofstede analysis of Greece and the United States. Biographical Sketch Kelly Mistretta is currently an MBA student at Saint Leo University. Mistretta has a BA in Accounting and plans to obtain an MBA to equip her with improved business skills to better contribute to society. Mistretta’s career goal...
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...Background: As the consequence of the 2008 U.S. banking crisis, Europe was hit by one of the worst debt crisis. Starting from Greece in autumn 2009, the crisis spread to other European countries, especially Spain, Italy, Ireland and Portugal and forced European policy makers to take many actions to limit its consequences (BOG, 2014, p.42). While others European economies such as Spain, Portugal avoided the severe crisis by following advisory strategy like austerity, reducing public spending…, Greece situation did not improved. To help Greece improve its situation, the IMF and Eurozone governments sealed a deal for two bailouts in 2010 and 2012, totalling €240 billion. On July 5, 2015 the majority of Greek citizens voted to reject the Europe’s plan to bail out the country’s economy, which caused the fear about the potential exit from the European Union, Greece’s future and world economy as well. Despite that fact, Eurozone leaders still reached an agreement on a third bailout programme to save Greece from bankruptcy on July 13. Although Greece overcame the severe situation, there is no indicator that the crisis will stop. This essay will discuss Greek situation involving 3 main issues, which are mistakes leading to crisis, financial regulation and the role of banks, potential financial contagion and moral hazard. Discussion: 1. Mistakes leading to crisis: One of mistakes leading to crisis was supposed to involve economic statistical data fraud. According to a comprehensive...
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...Department of Business Administration BUSN69, Degree Project – Accounting and Auditing Master Thesis, 15 ECTS Spring 2014 The evolution of CSR Reporting in the Banking Sector of Greece An analysis of specific characteristics of CSR Reporting Author Papakostopoulos, Georgios Supervisors Jonnergård, Karin Loft, Anne 2014-10-20 1 2 Abstract Title The evolution of CSR Reporting in the Banking Sector of Greece An analysis of specific characteristics of CSR Reporting. Seminar Date 2014-06-02 Course BUSN69, Degree Project – Accounting and Auditing Author Georgios Papakostopoulos Supervisors Karin Jonnergård and Anne Loft Keywords Banks, CSR, Development, Reporting, Standardisation Purpose This thesis aims to examine the development of CSR reporting in the banking sector. The emphasis is set on a number of characteristics. Trends for standardization will be also examined Methodology The methodology undertaken is generally based on a qualitative research approach through a combination of content analysis with interviews. The research has a partly longitudinal, inductive and comparative character. Theoretical Perspectives The theoretical aspects that were used in the analysis were a combination of the theoretical framework of the Legitimacy, Stakeholder and Institutional theory with the reporting requirements from a number of standards, guidelines, initiatives and indices. Empirical Foundation ...
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...American schools do teach a little about ancient greece and there are actually movies out now that provide great information on wars for example the movie 300. Although sometimes you want to expand your knowledge on certain things and I thought that’d be great for Greece. In this essay I will hit key points like the beautiful Greek geography and how it affected trade, some politics and how the government and religion played a part in life, and the periods and mighty wars fought. hopefully i will succeed in this essay and get a good grade. The purpose of this essay is to provide informational facts on ancient greek civilization/culture and give the reader a sense of how it was then. Enjoy. My background knowledge about ancient Greece is that good. From movies I've seen that Greece had some type of problem with Persia. Im not sure what the problem was but i know it was two major city-states/ empires, Athens and Sparta. I know the one army fought on land & the the other on ships in water. I also know that europe is known for wine and oil so i would like to know if those are some resources Adding that I did know that Greece was surrounded by water so I wonder how that affected the crops? Well to continue on I’d like to answer some of my questions and get to know this cool place a little better. Let’s begin. Greece is the South Eastern region on the European continent. It is defined by a series of mountains, surrounded on all sides except the north by water, and had countless...
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...difference. If you are describing a similarity then place your research information under both the Greek and Roman culture. If you are describing a difference list the difference between the two cultures under each culture. Please fill in all 10 lines within the table, each row will expand as you type in your information. | Similarity/Difference | Greek Culture | Roman Culture | 1 | Different | The Roman Language was Vernaculan Latin (called Vulgan Latin. which has Italian, French, and Spanish | Rome based 771 before Christ by Remus and Romulus | 2 | Different | The Greek language was called Indo-European | The Roman Language was Vernaculan Latin (called Vulgan Latin. which has Italian, French, and Spanish | 3 | Similar | In WW11 Greece was invaded by FRG. Resistance fighters helped allies expel the Germans in 1944-1945 | Romans were conjointly attacked by FRG in 1943 and 1944 throughout WW11 | 4 | Similar | Greek literature originated with the LLad {and the and therefore the and conjointly the} Odyssey composed by Homer in 700 before Christ | Romans also used Greek language till the third Century BC. It took nearly two centuries to become a dominate literature of Ancient Rome | 5 | Similar | Classical age in Greece created nice discoveries in science, math, and drugs | Romans created a large impact into drugs and health though they were involved with public health. | 6 | Similar | In 1924 Greece became a republic | Rome became a republic in 509 before Christ when their...
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...Women had a minimal role in Greek society. How far do you agree? Discuss. As a woman living in the Classical Period of Greece, your life was controlled heavily by those around you. This is true, at least through the eyes of ancient male authors. Xenophon makes a statement in the Oeconomicus that embodies the entirety of the predominant male view on women’s place in society: ‘And since both the indoor and the outdoor tasks demand labour and attention, God from the first adapted the woman’s nature, I think, to the indoor and a man’s to the outdoor tasks and cares.’ (Xenophon, 1979; Sommerschield, 2015/16) These writings, however, are littered with the ancient stereotypes and fictions that populated the fringes of the male imagination when addressing the female role (Sommerschield, 2015/16). The culture of classical Grecian society was rife with...
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...the world. There are an estimated 214 million international migrants worldwide, of whom 44 million are reportedly forcibly displaced and an estimated 50 million are living and working abroad in irregular situations1. Although migration to and from the European region is not a new phenomenon, since the 1990s this region has witnessed a sharp increase in migration movements. In particular, growing numbers of migrants, from within Europe, Africa and further afar are making their way across the Mediterranean and Atlantic oceans, and through overland routes in the hope of entering European Union (EU). Indeed, with 42,672 km of external borders and 8,826 km of land borders, the Schengen free-movement area comprises 26 countries (including four non-EU states) with over 300 million crossings at the external borders in 2009 alone. While migration policies have traditionally been the domain of individual EU Member States, the EU has in the past two decades engaged in a process of harmonisation of the rules of admission and residence of third country nationals and established a common EU policy. In particular since the 1990s the EU has developed an important apparatus of legislation, institutions and programmes in the area of border control. In 2005 FRONTEX was established to enhance external border security by coordinating the operational cooperation of EU Member States and Schengen Associated Countries. Defined for the first time by the European Council in December 2005, and further...
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...International Journal of Economy, Management and Social Sciences, 2(2) February 2013, Pages: 31-36 TI Journals International Journal of Economy, Management and Social Sciences www.waprogramming.com ISSN 2306-7276 PEST Analysis: The case of E-shop Dimitrios Nikolaou Koumparoulis Full-time Professor of Economics and Management, Universidad Azteca – Mexico. AR TIC LE INF O Keywords: AB STR AC T PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. At this paper we study the case of E-shop, a private company in Greece, illustrating the reasons why a company should work on pest framework. The author would like to dedicate this paper to Mr. David Scott and his family. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. pest analysis case study E-shop Jel Classification: M10 M19 1. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable...
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...mismanagement of the Greek economy is also evident in its place in the global market community. It has not found the path that a county needs to follow to become an active member of the vibrant, high growth world of globalization. Over the past ten years, Greece had been on a debt spree that came to an abrupt halt in late 2009. This unsustainable expenditure in social entitlements provoked an economic crisis that had destroyed the country’s economy, brought down its governing body, unleashed increasing unrest in the populace and greatly endangered the future of the euro. Greece’s debt issues can be traced back to years of spending that the government did not recuperate in taxes. Greece was borrowing from banks worldwide and had no way of repaying the billions of dollars owed. One might even trace the issues further back to 2001 when Greece joined the euro zone. The policy-makers misreported the real level of public borrowing so that Greece could meet the euro zone’s entry guidelines. As a result, the euro offered significantly lower interest rates than the drachma, Greece’s previous currency, and the country was able to access capital at a much more favourable rate. This deception brought about an increase in the money supply to Greece and...
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...International Journal of Economy, Management and Social Sciences, 2(2) February 2013, Pages: 31-36 TI Journals International Journal of Economy, Management and Social Sciences www.waprogramming.com ISSN 2306-7276 PEST Analysis: The case of E-shop Dimitrios Nikolaou Koumparoulis Full-time Professor of Economics and Management, Universidad Azteca – Mexico. AR TIC LE INF O Keywords: AB STR AC T PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. At this paper we study the case of E-shop, a private company in Greece, illustrating the reasons why a company should work on pest framework. The author would like to dedicate this paper to Mr. David Scott and his family. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. pest analysis case study E-shop Jel Classification: M10 M19 1. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable...
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...PEST Analysis: The case of E-shop Dimitrios Nikolaou Koumparoulis Full-time Professor of Economics and Management, Universidad Azteca – Mexico. AR TIC LE INF O AB STR AC T Keywords: PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. At this paper we study the case of E-shop, a private company in Greece, illustrating the reasons why a company should work on pest framework. pest analysis case study E-shop Jel Classification: The author would like to dedicate this paper to Mr. David Scott and his family. M10 M19 1. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable in order to exist (Egan, 1998). The industries can be described as a set of external and internal environment so, every firm is affected by external environment such as the market, client, etc...
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...Greek and Roman financiers: from the 4th century BC Banking activities in Greece are more varied and sophisticated than in any previous society. Private entrepreneurs, as well as temples and public bodies, now undertake financial transactions. They take deposits, make loans, change money from one currency to another and test coins for weight and purity. They even engage in book transactions. Moneylenders can be found who will accept payment in one Greek city and arrange for credit in another, avoiding the need for the customer to transport or transfer large numbers of coins. Rome, with its genius for administration, adopts and regularizes the banking practices of Greece. By the 2nd century AD a debt can officially be discharged by paying the appropriate sum into a bank, and public notaries are appointed to register such transactions. The collapse of trade after the fall of the Roman empire makes bankers less necessary than before, and their demise is hastened by the hostility of the Christian church to the charging of interest. Usury comes to seem morally offensive. One anonymous medieval author declares vividly that 'a usurer is a bawd to his own money bags, taking a fee that they may engender together'. Rome The Roman Empire inherited the spirit of capitalism from Greece (Parker).During the time of the Empire, public deposits gradually ceased to be held in temples, and instead were held in private depositories. The earliest recorded evidence showing banking...
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...Tom Fernandez Professor James Terry HIST-102-H1 25 April 2013 The 2003-2007 real estate boom which led to the eventual 2008 meltdown of the U.S. financial markets unfortunately was not contained to the big banks and investment firms based mostly in New York City. By the time bailouts were implemented by the United States government, the effects of the financial crisis were exported to Europe. States similar, but not limited to Portugal, Ireland, Italy, Greece, and Spain (PIIGS) have each been in the media spotlight in recent years as attempts to rescue their respective financial markets are implemented. Unfortunately, many efforts made by Eurozone member states and other international actors have failed in alleviating the financial stresses of the region. Considering this, then, is there really a permanent solution that can not only relieve financial markets but also prevent the crises from spreading? To date, the European Unions’ collective response up to this point has been insufficient in order to curb the further slide into Europe’s second recession. I contend, then, that Europe and the Euro would greatly benefit from following many if not all of Germany’s internal budgetary constraints in order to fix the overall problem of debt and spending. One of original intentions of the euro when it was established in 1992 was to limit the amount of budget deficit a sovereign member state could have. Furthermore, the euro was designed to prevent a “bailout” should a state be...
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...Patrick Walsh and Adamantios Koumpis On Site The Esprit ATLAS Project T wo European research technology development (RTD) managers of IT companies have been brainstorming for half a day. Lots of food has been consumed, exhausted secretaries and junior project managers of the two teams are praying for the meeting to end. The two senior execs have not joined efforts for the new product idea that initially seemed so exciting in previous communications they had via email. On the other hand, they do not wish to leave the meeting without making a decision. Time passes, and at one point, a new junior staffer tosses out an idea: Why not make a European project out of it? The idea was accepted with relief by all—especially the two RTD managers—and after almost a year, a two-and-a-halfyear-long project was launched, with the goal of potential commercial marketability. End of story. ^^ - their ability to use the most innovative software, thus significantly enhancing their business performance. CSK Software of Ireland acts as the Provic/er, whose aim is to increase its ability to convert the promising application of its Slingshot {www.sljngshot.net), real-time push technology product into wide adoption and marketplace success. The fourth partner, Prutech Innovation Services, also of Ireland, acts as the Enah/er, whose role is to close the technology transfer loop between the Provider and the Users by providing necessary technical and business support services...
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...Aging of population (also known as demographic aging, and population aging) is a summary term for shifts in the age distribution (i.e., age structure) of a population toward older ages.1 An immense scientific progress allowed people to reduce the perinatal and infant mortality rates along with enabling older people (after 65 years) to live longer. Less and less people are being born each day, making workforce shrink2 . Combining those two factors alone, one can clearly find in which direction our world is heading. Historically it is possible to distinguish between several periods in the last century, taking into consideration trends within birthrate. U.S. population is a superior example, since the data is exceedingly accurate and its society is pretty complex demographically. A crucial phase for today’s world is associated with Baby Boom (1946-64). This occurrence, taking place right after WWII made enormous impact on how the current population is shaped. It is necessary to keep in mind that approximately 80 million people died during those 6 years of war. General well-being and positive attitude after winning WWII led American citizens to procreate more than the diminishing trend would indicate. 1 Gavrilov L.A., Heuveline P. “Aging of Population.” In: Paul Demeny and Geoffrey McNicoll (Eds.) The Encyclopedia of...
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