...foreignerHow will you educate the foreign investor who invests in Pakistan about the intellectual communication problems that he likely to be faced? http://books.google.com.pk/books?id=ESfcPSU5DJ4C&pg=PA364&lpg=PA364&dq=Business+In+pakistan+Cultural+Differences&source=bl&ots=0VjjyIqkLL&sig=kilYbiW9bzvMgmZeZy8Mf3PvirI&hl=en&sa=X&ei=mAqUT77nCuWD4gSprOzQDw&ved=0CBsQ6AEwADgK#v=onepage&q=Business%20In%20pakistan%20Cultural%20Differences&f=false The Invest in Pakistan website lists the top five reasons for foreign investment in Pakistan as being: abundant land and natural resources; human resources (huge English speaking population); a large and growing domestic market (a growing middle class); well-established infrastructure and legal systems (road, rail, sea, IT); and geographic location – as principal gateway to the Central Asia Republics and connections to the Middle East and South Asia. Putting it crudely, the labour and raw materials are cheap, the population is 6th biggest in the world and growing fast with over 50 per cent of the 180 million under the age of 20, and tax and set-up incentives for foreign investment are good. Answer: 1. Countries That Have Official Rest Days Other Than Sundays 2. Islamic worshippers pray facing the holy city of Mecca five times each day. Visiting Westerners must be aware of this religious ritual. In Saudi Arabia and Iran, it is not unusual for managers and workers to place carpets on...
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...INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 4, ISSUE 07, JULY 2015 ISSN 2277-8616 Investment On IT: Students Perspective Samsul Alam Abstract: The focus of this study is to seek the relevance for implementing in Information Technology by students in Dhaka University. The research takes into account 50 students studying at different disciplines. The respondents were visited randomly to get the relevant data. The paper applies statistical tools e.g. SPSS on the information received and analyzes the results towards the solution. The result of the study suggests that students‘ academic quality and knowledge enhancement have significantly strong relationship with investment in IT. However, the findings of this exploratory study offer insights that the money invested in IT for academic purpose is more advantageous than otherwise be invested especially for those whose academic curriculum mainly decorated in accordance with the modern up-to-date era of Information Technology. On the basis of intellectual interaction between premises and experiences gathered during study, investment on IT will help concerned students understanding how important IT is for their study. Index Terms: Intellectual interaction, Investment insights, IT importance, IT Payoff, Relationship of IT investment, Relevance of IT usage, Statistical tools, Up-to-date era of information technology. ———————————————————— 1. INTRODUCTION The overriding message that can be gleaned...
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...* Investing in Myanmar (Burma) can be very lucrative with such a diverse range of business opportunities. With the Country extending from the snow-capped mountains of the Himalayas to the tropical forests of the south Myanmar has much to offer the investor ~ and never have the opportunities been better than right now as the country is on the verge of great development... * The 2013/2014 season was the busiest ever for visitors to Myanmar and now is the best time to invest in the travel industry: the hospitality industry is presently in its infancy and with so much to offer the tourist Myanmar stands ready to become the prominent player in the region. The weather varies considerably from North to South and it's possible to develop skiing in the North and Scuba Diving in the South !! The seasons are generally consistent, with the winter being cool and sunny; in the mountainous areas, which comprise much of Myanmar, the temperatures can be very cool indeed in the winter. Presently scope exists for the development of accommodation in many areas including Yangon, Bagan, Mandalay and Ngapali Beach: as tourism expands, as it assuredly will, additional hotels will be required throughout the country. * Investment Opportunities in the wood industry: Myanmar has an ECO forestry policy resulting in sustainable supplies of many hardwoods including Teakwood, Yamane and Padauk. Bamboo and Cane are also very plentiful. * Investment Opportunities in Farming: much of the countryside is farmed...
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...American Airlines Foreign Direct Investment Plan University of Phoenix June 8, 2009 American Airlines Foreign Direct Investment Plan American Airlines has decided to expand operations into the greater China market. A thorough analysis of the marketplace has taken place and the final remaining detail that needs to be defined is the airlines strategy for the foreign direct investment (FDI) that will be required to service successfully the Chinese travel market. While much of the expansion into the China market will leverage local resources, direct investment in the Chinese infrastructure will be needed. As such, the FDI analysis will focus on the expansion of airport facilities, airport and city ticket offices and a reservation center. The structure of the FDI analysis will include an executive summary of American Airlines overall China strategy, modes of entry and associated risks, funding of the initiative and contingency plan should the airline need to change strategies mid implementation. Executive Summary American Airlines and American Eagle (firms owned by AMR) serve some 250 destinations in approximately 40 countries including destinations in Europe, the Americas, and Asia-Pacific. The combined aircraft of both carriers comprise of 900 airplanes with 625 of those being jets. On any given day the airline transports 270,000 passengers on approximately 3,300 flights to over 170 destinations worldwide. Additionally, American Airlines is part...
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...The attraction and retention of foreign direct investment (FDI) is a complex and multifaceted activity for a number of different stakeholders” FDIs are distinct in Foreign Investments in that the entities making the investment wield a substantial degree of governance over the businesses invested in. Economies with few trade restrictions that have exports and imports that make up a large sector of the host nation’s GDP are considered to be ideal sites for FDIs. It is the degree of openness of that economy that regulates a government's choice to pursue the economic policy of FDIs. In the movie The Grand Seduction, a small fishing village called St. Marie-La-Mauderne, of Newfoundland has been dying an economic death. Their GDP has flat-lined which makes them an idyllic candidate for an FDI. The town’s willingness to do whatever it takes in terms of lifting restrictions is the impetus for the movie’s plot. The aspiration to attract the appropriate FDI often leads nations to participate in a global competition. This competition has created investment promotion agencies and endorsed policies that produce incentives for FDIs. These incentives traditionally are financial in nature. They are presented as: tax concessions in the form of a reduced corporate income tax rate (as in the movie where they received a tax exemption for life), enhanced depreciation allowances, and exemption from import taxes and refunds of duties on exports. These entail: direct contributions to the firm...
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...Position Paper Board of Investment Prime Minister’s Office Date : Thursday, 05 July, 2012 Venue : BOI Board Room Launching ceremony of: “World Investment Report-2012” "An Investment Policy Framework for Sustainable Development, including national and international dimensions “published by UNCTAD Brief on the achievement of 2011 Actual inflow of Foreign Direct Investment (FDI) in 2011 reached the highest ever level in the history of Bangladesh at US$1136.38 million, according to a report of UNCTAD. The amount is 24.42% higher than US$913.32 million recorded in 2010. The FDI inflow is comprised fresh equity amounting to US$431.85 million, while US$489.63 million came from reinvested earnings and the rest of US$214.90 million is from intra company loans. It appears from the above that reinvested earning and intra-company loans has increased to a large extent which signifies the confidence of the investors in the investment climate of Bangladesh despite apprehension on the performance of the economy by various quarters. The sectoral projection is as follows: The major sectors that attracted FDI include textile US$272.042 million, banking US$249.37 million, power gas and petroleum at US$238.21 million, telecommunications at US$180.99 million and Cement US$51.65 million. The investments that has come the countries are as follows: The countries that have invested substantially in Bangladesh in 2011 are US$152.30 million Egypt, US$117.74 million...
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...When Manufacturing Moves Back: Concepts and Questions Luciano Fratocchi1, Carmela Di Mauro2, Paolo Barbieri3, Guido Nassimbeni4, Andrea Zanoni5 1 Department of Industrial & Information Engineering & Economics, University of L’Aquila Via G. Gronchi 18, Nucleo Industriale Pile, L’AQUILA AQ ITALY luciano.fratocchi@univaq.it +39-0862-434356 CORRESPONDING AUTHOR 2 Department of Civil and Environmental Engineering, University of Catania Via A. Doria 5, 95131 CATANIA CT ITALY cdimauro@unict.it 3 Department of Management, University of Bologna Via U. Terracini 28, 40131 BOLOGNA BO ITALY p.barbieri@unibo.it 4 Department of Electric, Managerial and Mechanical Engineering, Via Delle Scienze, 206, 33100 UDINE UD ITALY nassimbeni@uniud.it 5 Department of Management, University of Bologna Via U. Terracini 28, 40131 BOLOGNA BO ITALY andrea.zanoni@unibo.it ABSTRACT Interest in back-reshoring strategies – intended as companies’ decisions to reverse previous off-shoring by bringing manufacturing back home – has gained momentum recently. However, little is known so far about the magnitude of this phenomenon, about its geographical boundaries, and about the underlying motivations. In this paper a characterization of back-shoring as part of the dynamics of firms’ internationalization strategies is offered. Next, building on emerging empirical evidence, open questions are identified and an agenda for research is proposed. KEYWORDS Reshoring Back-reshoring Near-reshoring Off-shoring Internationalization...
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...MGT 4430 Fall 10 Investment Detective 08 Fall Investment Detective MGT 4430 With the realization that capital resources are limited, a prioritization of proposed projects must be established. Although most of these projects may satisfy the requirements to accept a project, due to capital budget constraints a company must choose which project they might best benefit from after analyzing the data associated with each project. After looking at Exhibits 1-6 with analysis of each project’s NPV, MIRR, Payback, and Profitability Index a list can be established below. Rank | Project Number | 1 | 7 | 2 | 4 | 3 | 3 | 4 | 5 | 5 | 1 | 6 | 6 | 7 | 2 | 8 | 8 | After looking at the data analysis in Exhibit 1, we are able to eliminate a few projects right away from the ranking of choices we would be interested in. After seeing that project 7 and 8 are mutually exclusive and 7 being a better project based on the quicker payback and initial returns. As well we can see that project 2 is in most regards, a terrible investment. We are able to see a negative NPV and an unacceptable MIRR which is lower than our desired discount rate. At a glance we are also able to see that project 6 is on the brink of acceptable which allows our investment team to accurately rank the three lowest projects on the list. One issue that must be regarded before being able to further progress through my reasons for rank is that the company has acknowledged the potential for the...
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...EAS6211: Investing in East Asia (as 28 September 2015) Dr Harald CONRAD (Japan, Module Organizer) Dr ZHANG Zhong (China) MODULE OBJECTIVES: This module will introduce students to key theoretical issues relating to globalization, foreign direct investment and the activities of multinational corporations. The module will then consider in detail foreign direct investment, business culture, employment and human resource management, seen from the perspective of multinationals investing in Japan and China. The module will provide students with a well-rounded knowledge of the issues facing firms seeking to establish global networks and the managers within those firms charged with the task of running the overseas operations and managing workers in a different cultural context. The module will encourage students to think more deeply about the process of overseas investment and the challenges of managing and working in the global economy, thus equipping them with some of the key skills and knowledge required of managers in global firms. Dr Harald Conrad – Contact Details: 6/8 Shearwood Road, Room B-07 Ext: 28431 Email: h.conrad@sheffield.ac.uk Dr Zhang Zhong – Contact Details: 6/8 Shearwood Road, Room A-02 Ext: 28339 Email: zhong.zhang@sheffield.ac.uk The lecturers’ office hours will be posted on their office doors during Week 1 of Semester 1. MINIMUM REQUIREMENTS: Regular attendance is required at all lectures and seminars; students should read the...
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...Chapter FIVE gLOBALIZATION AND SOCIETY OBJECTIVES • To identify problems in evaluating the activities of MNEs • To evaluate the major economic impacts of MNEs on home and host countries • To establish the foundations for responsible behavior • To discuss some key issues of globalization and society—ethics and bribery, the environment, pharmaceuticals, and labor issues • To examine corporate responses to globalization Chapter Overview Globalization has become a major socioeconomic force and topic of debate in the twenty-first century. While Chapter One examines the forces and criticisms associated with the globalization process, Chapter Five focuses upon the impact of foreign direct investment on home and host countries. Following an explanation of the balance-of-payments effects of FDI, a series of ethical issues concerning the social responsibilities of MNEs is explored. The cultural and legal foundations of ethical behavior are examined, and the challenges of global warming, pharmaceutical sales, and child labor are highlighted. The chapter concludes with a brief discussion of the need for corporate codes of ethics. Chapter Outline OPENING CASE: ENVIRONMENTAL CHALLENGES FOR NEWMONT MINING IN INDONESIA [See Map 5.1.] This case illustrates the effects of the changing and conflicting attitudes of the national and local Indonesian governments toward foreign direct investment. Headquartered in Denver, Colorado, Newmont Mining is the...
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...Running head: Introduction to International Business Introduction to International Business David L Stinson May 19, 2012 ABSTRACT * What is the purpose for foreign investment regulations? * List and discuss the foreign investment regulations. * What are 2 issues that concern management when screening potential markets and sites? * List and discuss the steps in the screening process. INTRODUCTION We will attempt to answer several important questions and aspects to foreign investment. These answers will include definition, purpose of regulations, issues that concern management in regards to markets and sites, and the steps taken during the screening process. FOREIGN INVESTMENT DEFINATION Foreign investment is simply any allocation of resources such as; assets, cash, debt, buildings, expertise, people, etc., that a company in one country allocates to an investment in another country. It is regulated differently in each country in order to protect themselves from external, disruptive stimuli or to protect against perceived financial exploration. (Chang, 2003) WHAT IS THE PURPOSE FOR FOREIGN INVESTMENT REGULATIONS? Foreign investment regulations are made to set rules just like any other company. They are often set to address national security concerns as well. Each country sets their own foreign investment regulations which can range from; requiring of approval of investment to board restrictions on the basis of economic security and cultural policy...
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...Міністерство освіти і науки України Державний вищий навчальний заклад «Київський національний економічний університет імені Вадима Гетьмана» Індивідуальна робота на тему: «Ведення бізнесу в Гані» Студент 4 курсу, Адзейві Ірен Дзідеді факультету МЕіМ Київ – 2016 1. Investment attractiveness of Ghana Ghana’s conduciveness and attractiveness to foreign direct investment has slumped in 2015 after a good performance last year, according to the latest Global Opportunity Index Rankings. Ghana scored 5.16 over 10 and is ranked 77th in 2015 out of 136 countries, compared with a composite score of 7.10 and a rank of 18 last year. Ghana’s latest score and rank, mark a sharp drop from a good performance last year and a return to the average and poor performances in the rankings, that characterized the period from 2010 to 2013. The latest ranking, released in June 2015, ranks 136 countries by aggregating the performance of each on 61 variables grouped into four broad categories: economic fundamentals, ease of doing business, quality of regulation, and rule of law. The category economic fundamentals assesses a country’s macroeconomic performance and the macroeconomic environment’s openness and conduciveness to trade and foreign direct investment. Ease of doing business measures the implicit and explicit costs of doing business such as the cost of starting, tax, crime, terrorism and so on. Quality of regulation assesses...
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...Introduction Currently, Libya is making headlines in news globally on matters concerning political leadership and its roles on the growth of the economy. However, it has been ranged as one of the important Arab countries in domination of the world market and Muslim culture which cannot be understated. The story of the Libya as well as that of its people is quite remarkable. In the globalization era, the present questions regard the ability to economically capitalize on growth treads in Libya. The security and stabilization issues have for a long time plugged in this nation, and with the current tread, there is little possibility of these issues fading away any time soon. Considering the current political tread in Libya of fighting towards democracy, one is left with a big question of whether this nation is ended to a better cultural relationship with the world as far as business relationship with the world is concerned. This essay is divided into various sections which include among others the political and economic issues in Libya, the Libya business culture, the practical strategies involved in establishing or doing business in Libya together with pros and cons of doing business in Libya. The conclusion to this essay is based on a summary of the findings that are highlighted in the analysis. The current political and economic issues in Libya The political system in Libya is in theory based on the Qadhafi’s green book political philosophy. In this book, the Islamic...
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...3. Discussion ABC Limited should choose a suitable market entry strategy before they enter India. There are five models of entry, including exporting, licensing, franchising, specialized modes and foreign Direct Investment (Griffin and Pustay, 2013). Appendix table 1 shows advantages and disadvantages of different modes of entry. Foreign Direct Investment is one of the modes of entry and it is suitable entry model for ABC Limited. Because according to compare with them, Foreign Direct Investment maintains more control and high profit potential in Business than others (details in table 1). Foreign Direct Investment refers to an investment made by business enterprise in one country into a company in another country (Oxford Reference, 2009). It is particularly important that firms need control to achieve objectives with their foreign subsidiaries (Griffin and Pustay, 2013). Therefore, FDI’s controlling ownership is important for companies to achieve objectives. And there are some reasons are follows that why Foreign Direct Investment is the most suitable entry model for ABC Limited to enter India. In order to attract more FDI, In 1990, economic reforms taken by India government, including FDI liberalization new law was introduced to attract more FDI flows. It allowed that share of foreign partner could be 100% (Reserve Bank of India, 2015). In 2013, some sectors were relaxed by India government to attract more FDI. For instance, FDI upper limit of telecommunications manufacture...
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...1.0 Two factors contributed to EuroDisney’s poor performance 2.1 Failure in realizing the local culture. There are a few factors that contribute on the failure to perform for EuroDisney on its first year operation. The first reason is because they fail to realize the local culture there is in France and instead of adapting to the foreign culture, the American company tries to adopt their American culture towards the business; which in this case lead them to disastrous results. One of the contradicting examples is that French people have their own adored cartoon characters. These cartoon characters also have their own theme park that is near to where EuroDisney is located. Thus, it is a challenge for EuroDisney to compete with what have been French’s favorite casts. Other than that, the operation of EuroDisney that does not allow the selling of wine which counters the culture of French whereby they are the world’s biggest wine consumers also lead them to poor performance. The culture of having “the clean-shaven, neat and tidy look” from the American culture is also being adapted to the park employees where the value may not be shared with the European’s. Besides that, the flexibility of the company to fire any of the employees who don’t follow the rules is also limited as the worker’s rights are very strictly protected by the French law. 2.2 Events that took place during the same year. Other than the failure of realizing the local culture in France...
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