...has been around. This paper will evaluate all aspects of Caterpillar’s organization. The paper will explain the culture of Caterpillar’s organization (values and norms), their ethics in international dealings, foreign direct investment, entry into markets, accounting practices, how they convert currency, their international strategy, their strategic positioning, and their marketing tactics. After reviewing all areas of Caterpillar’s organization the reader will be able to understand why Caterpillar is the global leader in their industry. History of Caterpillar Caterpillar has been established for over 85 years and continues to grow strong. Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company is also a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services and Progress Rail Services. Caterpillar’s has made progress in creating change for the better all over the world. Caterpillar began under the name of Holt Manufacturing Company and started out in San Francisco California (Caterpillar Inc, 2013). In 1925 Holt Manufacturing merged to form Caterpillar Tractor Co. Over the years Caterpillar continued to develop tractors along with motor graders, blade graders, elevating graders, terracers, and electrical generating sets. In 1950 Caterpillar established its business overseas in Great Britain...
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...Oberndorf, Germany that was started in 1811. They manufactured weapons that would soon be used by the German Army during several wars. It wasn’t until World War II that Mauser would be out of commission as the territory the plant was located in became under control by the French military. The French dismantled the entire factory and destroyed all records. However, former Mauser engineers, Edmund Heckler, Theodor Koch and Alex Seidel, would salvage what they could from the ruins in order to try and continue building the weapons they had started. This would set in motion building blocks toward the new manufacturer named Heckler and Koch (H&K or HK). Heckler and Koch would soon become registered in December 1949 and officially opened for business in 1950 (Heckler...
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...International business, corporate social responsibility and sustainable development This article discusses the issue of corporate social responsibility (CSR) and the sustainable development which associate with international business (IB) and the multinational enterprises (MNEs) role in these matters. The social and environmental problems caused by international business have emerged for a period, however, they only being seen as an important issue under the pressure of global problems such as climate change, poverty, human rights violation and HIV. In this situation, MNEs have to play an appropriate role using their global activities and influences as these issues exist as both a problem and an opportunity for MNEs. In the modern globalization era, the landscape of international business is no longer like a decade ago or past few decades. Therefore, MNEs will need to adjust their internationalization strategy to better suit with today’s globalization challenges. CSR is now considered something to be taken into account in MNEs in order to compete better in market. CSR activities are gradually become important as they influence the core business of the firm and determine firm’s ability to grow, earn profit and sustain in the tough environment. Some firms are actually work hard with CSR in order to get the competitive advantages in managing international operation or earning a ‘pass’ to operate business in countries with different cultures and values or different institutional...
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...Current Business Research Project Paper There are many different ways to conduct research in business. One of the forms that will be written about here is qualitative research. The paper will be written on the following paper Define the business research and its purpose This paper shows the qualitative research on international trade and development. It shows the development of sales strategies in the international environment. It also shows what social and cultural differences occur when creating a sales strategy in a foreign environment. It also shows how difficult to conduct business in other countries, due to the ethical, cultural and religious values of other countries. Explain the Business Problems under Investigation The problem seen in the paper is developing business in other countries. This is mainly due to the development of international trade. The development of business in foreign countries is made by cross cultural, economic and geographical differences. These differences tell us that individuals in other countries will react differently to those here in the United States of America. Describe the Data Collection methods used in the Research Project One of the research methods in this paper is an in depth interview. This type of research is different from a focus group because it is a one on one interview. So the information gathered is more in depth and more information can be gathered. The number of interviews can be small or large. The interviewee...
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...Student Handbook 2012 WELCOME TO WAIKATO Welcome to the University of Waikato. I hope you make the most of your time here and the opportunities that will present themselves during the course of your study. You have come to an excellent university that is ranked top in 10 subjects under the Government’s Performance Based Research Fund. We are also internationally connected; we have research connections and student exchanges with some of the world’s top universities. I urge you to consider taking part in these while you are with us. Here at the University of Waikato, you will be taught by lecturers who are leaders in their fields of research and who win national teaching awards. We are proud of our academic quality and the fact that we turn out sought-after graduates who go on to take up important roles in all parts of the world. You will already have noticed our beautiful campus which is set in 68 hectares of gardens, green space and lakes. At the heart of it all is the new Student Centre, which was completed in 2011. With its accessible areas, Library services and multitude of facilities, it is a place for students to study or just gather together and we are very proud of this building. In 2011 we celebrated 10 years of another important building, the Gallagher Academy of Performing Arts. This world-class facility was the vision of a group of driven Waikato people. It quickly became a focal point in the campus and continues to be an important venue for the performing...
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...This paper is submitted to & accepted in SEMILOKA NASIONAL “Better Management to Support Good Corporate Governance” Departemen Manajemen, Fakultas Ekonomi dan Manajemen, Institut Pertanian Bogor, September 16, 2006 LECTURERS’ COMPETENCIES: A CASE STUDY IN INTERNATIONAL UNIVERSITIES Sam PD Anantadjaya ETC & Foundation, Bandung 40198, Indonesia bmw@bdg.centrin.net.id Irma M. Nawangwulan English Tutorial Center, Bandung 40161, Indonesia englishtutorialcenter@yahoo.com Abstract The presence of well-known universities outside Indonesia has attracted significant interests, not only from Indonesian residents, but also from residents of other countries. Particularly, western universities are highly demanded and the competition is rather fierce when students attempt to register and take on the entrance tests. Only the top percentile of students seems to be accepted. Because of limitation in space and personnel, those western universities decided to expand their market base into developing countries by getting closer to their potential customers. International universities have become a new trend in Indonesia’s higher educational institutions. With the growing numbers of students applying into the international programs at various universities in Indonesia, it is apparent that Indonesians are more assertive to receive internationalized standards. Thus, matching consumer behaviors and expectations in the local market would be indispensable in trying to ensure the smooth running...
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...ABSTRACT In recent years, many companies have increased their presence in the international market. This paper studies the companies need for internationalisation as it focuses on the factors companies must consider before entering new markets or expanding abroad. Many factors that lead companies to invest in the international market have been identified. The research is based on theories. Internationalization factors that motivate companies to establish themselves abroad will be included in the theories. The identified categories include of resource, market, strategic resources, efficiency and seeking motives. Network seeking motives has been identified as an additional motive. The research was conducted based on the qualitative approach. Existing information of related to the motives for internationalisation and the factors to consider before internationalisation were used. The secondary material includes peer-reviewed journals, international business books and research papers. A case study of Chrysodalia Ltd was used to explain the PESTEL and SWOT analysis. Based on the case, it is concluded that companies internationalised in order to increase their competitive advantage. Companies rely on factors, which include Resource seeking, Market seeking, Efficiency seeking, Strategic asset seeking to create competitive advantage in an already saturate market. The factors that the company should consider before internationalising are proactive motivations such as home factors,...
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...Advanced Research Topics in Digital Marketing Lecturer: Almir Peštek, PhD Assistant Professor Department of Marketing School of Economics and Business in Sarajevo almir.pestek@efsa.unsa.ba Course objectives: The objectives of the course are to get participants introduced to modern trends and practices in digital marketing development and to prepare them to work on their own research related to digital marketing application. It exposes participants to the main issues in digital marketing strategy and helps them critically evaluate both fundamental ideas and more recent developments. At the end of the course participants will be able to think critically about the development, implementation and effects of certain digital marketing strategies in business. There is an expectation that participants will develop an own research topic which derives from the topics covered. The course focuses on five themes: 1. The role of digital marketing within the organization 2. Consumer Behaviour 3. Integrated Marketing Communications 4. Social networks and Web 2.0 5. E-Metrics Course description: The purpose of this course is to investigate advanced topics in digital marketing. This course is designed to help participants in understanding the role of digital marketing within the organization, its business strategy and its success. The course will be organized in a way that allows participants to gain depth in important areas of digital marketing research identified and to develop and advance...
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...DATABASE DESIGN Research Paper You are to write a research paper about an approved topic in the field of Information Technology (IT) Management, preferably in the area of Database Systems. The topic must be of current interest to the IT professionals. The deadline for the topic approval is September 20. You must turn into me one page (single-spaced) ‘Abstract’ of your paper by that date. A partial list of journals which publish articles pertaining to the IT area is attached. These publications are some of the source for your research work. Your paper must be between 12 and 15 pages of typed, doubled-spaced text, not including your references and any appendices or attachment. Plagiarism will result in a grade of zero. Your research paper is due on November 29. It will be graded according to the criteria on the attached page Suggested Structure of Research Paper Abstract: Half-page (single spaced) summary of the paper I. Introduction: - Problem Background -Problem Importance - Purpose and contents of this paper i. Target audience of the paper ii. Overall objective iii. Within the overall objective, the specific issues or question addressed in the paper iv. A precise statement of the content of the paper v. Scope and limitation of the paper vi. Usefulness of the paper - How would the target audience...
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...Disclosures About CSR Practices: A Literature Review Kavitha W * and Anita P ** Corporate Social Responsibility (CSR) is now prominent and evident more than ever due to the emphasis laid on businesses regarding environmental, social and ethical issues. The level of CSR activities of the firms is made known to public only through the disclosures. This paper reviews the literature on CSR disclosures and the effect of these disclosures. There are various factors which determine the extent of disclosures like the size of the firm, industry, high visibility, etc. Introduction Corporate Social Responsibility (CSR) is now prominent and evident more than ever due to the emphasis laid on businesses regarding environmental, social and ethical issues. This is because over the recent years, there have been social, political and economic pressures on corporate management to pay attention on social and environmental consequences of corporate activities. These pressures motivated the corporate management to actively participate in a wide range of social welfare activities. CSR now-a-days covers almost all issues like the use of child labor; inequality of employment; environmental impact; involvement in local community; products’ safety; company cultures; brand image and reputation. Apart from this, companies are now disclosing these activities in their annual reports, and one of the parameters to judge the performance of a company is CSR reporting. Corporate Social Responsibility ...
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...Source Software Development Teams). Chair: Dr. Robert Heckman Committee Members: Dr. Kevin Crowston, Dr. Nora Misiolek, Dr. Derrick Cogburn M.B.A. Specializations in Supply Chain Management, and Global Entrepreneurship, Syracuse University (Syracuse, NY. 2001-2003) GPA: 3.8 / 4.0 M.S. Information Management, Syracuse University (Syracuse, NY, 2000-2002) GPA: 3.9 / 4.0 B.S. Business Administration, Middle East Technical University (Ankara, 1996-2000) GPA: 3.7 / 4.0 JOURNAL ARTICLES Eseryel, U. Y., Eseryel, D. (Submitted). Leading by Doing Work: Leadership in Self-Managing Virtual Teams. Crowston, K., Howison, J., Chengetai, M., & Eseryel, U. Y. (2007). A Balancing Act: The role of face-to-face meetings in technology-supported self-organizing distributed teams. IEEE Transactions on Professional Communications, 50(3), 185-203. Crowston, K., Li, Q., Wei, K., Eseryel, U. Y., & Howison, J. (2007). Self-organization of teams in free/libre open source software development. Information and Software Technology Journal, Special Issue on Qualitative Software Engineering Research, 49(6), 564-575. Nicholson, S., Sierra, T., Eseryel, U. Y., Park, J., Barkow, P., Pozo, E., & Ward, J. (2006). How much of it is real? Analysis of paid placement in Web search engine results. Journal for the American Society of Information Science and Technology (JASIST), 57(4). 448-461. (SI factor: 2.1) Eseryel, U. Y., & Wolf, N. (Nov, 2005). Enterprise architecture as a context for ERP...
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...Term Paper Process The term paper is not a single submission assignment. You have to follow a process and you will earn you grade through all the steps of the process: Conduct background research on your country of choice Write a Term Paper developed through a process of drafting & review: Submit a FIRST DRAFT of your paper Review the drafts of 3 (three) other students and apply the rubric to their drafts After review by 3 other students and the instructor/writing consultant you will receive feedback on your first draft from at least 4 individuals Submit a SECOND DRAFT of your paper After review by 3 other students and the instructor/writing consultant you will receive feedback on your first draft from at least 4 individuals Rework, improve and refine your paper and resubmit it for final grading. Term Paper Format The paper should be: At least 1, 500 (one thousand five hundred) and no more than 2,000 (two thousand) words. Use proper reference citation using formal APA or MLA style and Include a list of sources cited (bibliography). Paper Topic You will need to select a term paper topic from one of the following topics: Outsourcing and offshoring Foreign Direct Investment (FDI) The impact of trade on economic development Cross-cultural challenges in international business The prospects of continued globalization Other topics specifically approved by the instructor. Resources You are provided with several resources that will allow you to submit...
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...Written Exam: 70 Internal Assessment: 30 Time: 3 Hours Project Economics and Management Paper Code: 3.1 Unit-1 Concepts of projects; project identification; formulation, analysis, risk, planning, design, report and appraisal; location of an enterprise; factory design and layout. Unit-II Understanding financial analysis; ratio analysis; fund flow analysis; breakeven analysis; social cost-benefit analysis; budgeting and planning process. Unit-III Sources of development finance; institutional finance to entrepreneurs; working capital management; incentives and subsidies; policies governing entrepreneurship; role of a consultancy organization. Unit-IV A review of project performance; post evaluation approach; community participation in projects; SWOT analysis; managing risk and exposure. Suggested Readings: 1. 2. 3. 4. Note: 1. 2. Four case studies will be discussed in a paper by the concerned teacher in the class. Instructions for External Examiner: The question paper will have two sections. Section ‘A’ shall comprise eight questions (two questions from each unit). The candidates will be required to attempt four questions (selecting one question from each unit). Section ‘B’ will contain one CASE STUDY which will be compulsory. All five questions will carry equal marks. Chandra, P., Project Planning Analysis, Selection, Implementation and Review, Tata McGraw Hill, New Delhi. Hedemey, J.W., Control and Management of Capital Projects, John Wiley, New York. Wysocki, R.K., R. Bick...
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...of cultural distance on entry mode choice: the moderating effect of language diversity Name: Rajae El Aiachi Student number: 10202773 Teacher: Dr Johan Lindeque MSc. In Business Administration – Theories of International Management Date: 27-09-2015 Abstract (50 Words) Previous studies have shown that the choice of entry mode depends on various types of aspects, containing also cultural distance between countries (Arora and Fosfuri, 2000). However, there is not a lot of consensus among these articles. A few articles mentioned the effect of language distance on entry mode choice. Keywords: Cultural distance, entry mode choice and language distance 1. Introduction In this time of globalization a lot of companies are expanding their international business activities in overseas market. The ways in which firms are expanding their business in overseas market differ per enterprise and country. The hierarchical model of market entry modes by Pan and Tse (2000) shows that there are different choices of entry modes. Entry modes can be seen as equity-based versus non-equity based. Within equity-based modes, there is a division between equity joint ventures and wholly owned operations. Within nonequity based modes, there is a division between export and contractual agreements. Prior research demonstrated that the choice of entry modes rely upon different types of components. Especially, a lot of previous studies focused on the effect of cultural distance on entry...
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