...NES Question 1 Indeed, the amount of money that Chen was told to give each of the government officials was not much, but the action itself would have some consequences. However, it is unquestionably right to look at these consequences in two ways, the rule of law and local culture. First, According to the Chinese law, giving gifts of any kind to the government officials with intent of taking advantage of their position and power to conduct illegal action is bribery. This action of giving money to government officials may therefore be regarded as bribery; as a result involved parties may be penalized or even end up in jail. The Stakeholders may also decide to withdraw investing in such a corrupt environment. Secondly, it is undeniably true that local culture plays a tremendous role in a local business environment, therefore we must also argue with regards to culture. As far as Chinese culture is concerned, the need of maintaining networks or relationships (locally known as “關係Guan Xi”) in business environment is tremendously important and it is deeply rooted in the Chinese people’s DNA and other Asian countries that are also influenced by the Teachings of Confucius. According to the teachings of Confucius, relationships or networks(關係), and Face (mian zi), were among other things that were highly emphasized and helped to build up the Chinese culture which can be evidenced by the findings of Geert Hofstede in his theory of culture dimension that most Asian culture with no exception...
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...2. SUMMARY The protective packaging market is becoming more competitive. Sealed Air company is encountering a growing number of competitors in its field. Similar or alternative systems are now proposed against those of Sealed Air. These new systems are often cheaper but as argued by Sealed Air less effective concerning the protection they offer and therefore less cost-effective. A new company (GAFCEL) has entered the market with an uncoated product and is having success on the New York, California and Ohio market. Sealed Air will face further erosion of its US market share. Based on the analysis of the AirCap® product as well as on the analysis of the market, we will answer questions regarding Sealed Air's reaction to its new competitor GAFCELL and the opportunity to introduce a new uncoated product in the market. We will make marketing recommendations on how to introduce this new product and in which geographical market to launch it in order to maintain Sealed Air as a leader of the protective packaging market. 3. QUESTIONS 3.1. What should Sealed Air be trying to accomplish in any decision it makes in response to the GAFCEL threat? * It should be trying to gain back the market share that was taken by GAFCEL and it should ensure it does not loose anymore market share. * It should ensure it keeps its reputation of a company built on 'technical accomplishments' and must ensure its image does not suffer from the possible introduction of this new...
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...The Note on Marketing Strategy (9-598-061) describes the scope of marketing analysis needed to provide the basis for the development of a marketing strategy and the supporting implementation plan. The type of in-depth understanding of factors described there is often usefully supplemented by numerical analysis; at times, we need relatively complex, computer-supported analysis. At others, a low-tech approach utilizing the proverbial “back of the envelope” and maybe a calculator does the job. This note defines key terms and basic calculations useful in both case analysis and real-life marketing decision-making. To accompany this knowledge, one needs to develop some intuition about which type of numbers to look at when. A program of case studies offering repeated exposure to and practice in these issues is a good mechanism for developing skill in using quantitative analysis to develop and support your argument. Basic Terminology (a) Types of Cost Most of the time, a seller hopes to get a price which more than covers his or her cost. In everyday conversation, we might simply say they are trying to make a profit. We would measure that profit as the difference between the revenues taken in and the costs incurred. It is often useful to make a distinction between two kinds of costs, fixed and variable. We define fixed costs as those that remain at a given level regardless of the amount of the product produced and sold. An example of a fixed cost would be the firm’s...
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...Title Length Color Rating Different Viewpoints of Business Ethics - Introduction The purpose of this short paper is to compare and contrast three different peer-reviewed journal articles and one online periodical. First, the paper provides a brief introduction of the four articles. Second, the paper compares and contrasts the four articles. Finally, the author presents his views on the topic of social responsibility and business ethics before concluding the paper. Four Articles All four articles center their focus on business ethics. Of the four articles, three are scholarly peer-reviewed journal articles and one, by Friedman, is an online periodical.... [tags: Business, Ethics] :: 4 Works Cited 2005 words (5.7 pages) Strong Essays [preview] Alahmad and Murphy on Business Ethics - The first two journal articles that were compared and contrasted were Ala Alahmad’s 2010 article on To Be Ethical or Not to Be: An International Code of Ethics for Leadership and Patrick Murphy’s 2009 article on The Relevance of Responsibility to Ethical Business Decisions. Some key findings of Alahmad’s writings were that ethics and leadership were closely tied together; they were found to be derivatives of one another. He mentioned that ethics is an individual thought process of making good or poor decisions.... [tags: Business Ethics] :: 4 Works Cited 970 words (2.8 pages) Strong Essays [preview] Ethical Perspectives on Business Ethics - The determination of this paper is to compare...
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...Application for Employment www.tjx.com Today’s Date: Referred by: Please print clearly in ink. The TJX Companies, Inc. considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual’s status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law. If you require an accommodation in the application process, please advise Management. PERSONAL DATA FULL NAME: Last First Middle CURRENT ADDRESS: Street and Number City State Zip Code State Zip Code PREVIOUS ADDRESS: Street and Number City Cell Phone Number Home Telephone Number E-Mail Address (Optional) Preferred Name/Nickname (Optional) (Optional) Have you ever applied to A.J. Wright, HomeGoods, Marshalls, T.J. Maxx or The TJX Companies, Inc.? q Yes q provide dates: No If yes, Have you ever worked for A.J. Wright, HomeGoods, Marshalls, T.J. Maxx or The TJX Companies, Inc.? q Yes q provide dates: No If yes, Location: Do you know anyone who works for any of the TJX divisions? q Yes q No Name: How were you introduced to us? q Other qReferral Employee q College/University q ad Newspaper ...
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...people affected by the impact of the accident, to look after the health, safety and welfare of the large number of residents and people who helped respond to the spill, and to support the economic recovery of the Gulf Coast’s tourism and seafood industries impacted by the spill. We have conducted studies with federal and state natural resource trustees to identify and define the injury to natural resources in the Gulf of Mexico”. BP allowed their use of social media to expose their corporation’s lack of professionalism and customer service. By addressing important topics from this disaster through social media channels they compromised their integrity immediately. It also was perceived as hiding behind a forum that was less than ideal to use for this particular situation. Society and certain industries can instantly take advantage of easy access to social networks and single handedly expose a specific instance where a corporation may have done wrong. This case analysis will discuss the response that BP provided to several industries and publics that were tremendously affected by this tragedy. Furthermore, it will show the effects that their use of social media had on their corporation. Fishing...
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...A PROJECT REPORT ON OPPORTUNITY OF NON-FUEL SERVICES IN INDIA CERTIFICATE OF ORIGINALITY This is to certify that the project titled “Opportunity of non-fuel services in INDIA” is an original work of the student and is being submitted in fulfillment for the award of the Masters Degree in Business Administration of INDIRA GANDHI NATIONAL OPEN UNIVERSITY. This report has not been submitted to any other institution for the requirement of a course of study. SIGNATURE OF SUPERVISOR SIGNATURE OF THE STUDENT CERTIFICATE FROM THE GUIDE Material obtained from other sources has been duly acknowledged in the project report. Date: Signature of the Guide: Place: CERTIFICATE FROM THE LEARNER This is to declare that I have carried out this project work myself in part fulfillment of the MBA (Marketing) program of IGNOU. The work is original, has not been copied from anywhere else and has not been submitted to any other Institute for an award of any degree/diploma. Date: Signature: Place: ACKNOWLEDGEMENT A large number of individuals have contributed in preparation of the research report. I am thankful to all of them for their help, guidance and the support that I have received during my research work. I express deep...
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...depends on how effectively farmers in Columbia and Bolivia can grow illegal crops such as the coca plant and also how effectively global drugs trade gangs can traffic illegal drugs into UK towns and cities. Globalisation is caused by the spread of new information and media technologies especially the internet and satellite tv, mass migration, mass tourism, cheap international air travel, cheaper transportation of goods across borders, containerisation and the increase in transnational organisations that produce and market their goods and brands in a global marketplace. The expansion of free trade (meaning that companies can manufacture and sell their goods in increasing numbers of countries without trade barriers) has led to the establishment of transnational corporations. There is some debate in the sociology of crime and deviance as to the extent to which globalisation has led to changes in the amount of crime and the types of crime committed. Some Marxists such as Taylor (1999) argue that globalisation has led to an increase in crime rates in some UK towns and cities because transnational corporations (huge companies that do business in several countries), such as Reebok, Dyson and Marks and Spencer increasingly switch production away from the West abroad. This is because of reduced trade restrictions between countries and some countries actively encouraging relocation. Companies can...
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...of crime which occurs in order to sustain people’s drug habits depends on how effectively farmers in Columbia and Bolivia can grow illegal crops such as the coca plant and also how effectively global drugs trade gangs can traffic illegal drugs into UK towns and cities. Globalisation has many causes, such as by the spread of new information and media technologies especially the internet and satellite television, mass migration, mass tourism, cheap international air travel, cheaper transportation of goods across borders, containerisation and the increase in transnational organisations that produce and market their goods and brands in a global marketplace. The expansion of free trade (meaning that companies can manufacture and sell their goods in increasing numbers of countries without trade barriers) has led to the establishment of transnational corporations. Marxists such as Taylor (1999) argue that globalisation has led to an increase in crime rates in some UK towns and cities because transnational corporations (huge companies that do business in several countries), such as Reebok, Dyson and Marks and Spencer increasingly switch production away from the West abroad. This is because of reduced trade restrictions between countries and some countries actively encouraging relocation. Companies can reduce overheads through paying workers lower wages than in the UK, thus enabling them to compete with other global businesses. Taylor argues that this has led to...
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...Ethics and Contracts Radio Stations and Licenses Endaya, Ron-Ron Godoy, Rose Ann E. Macutong, Jhon Carlo C. Nuguid, Karen Mae L. Vergara, Lyka M. Engr. Antonette V. Chua Instructor December 17, 2015 Karen Mae L. Nuguid ECE- 5201 Definition of Radio Stations and Services * Station – One or more transmitters or receivers or a combination of transmitters and receivers, including the accessory equipment, necessary at one location for carrying on a radio communication service. * Fixed Service – A service of radio-communication between specified fixed points. * Fixed Station – A station in the fixed service. * Aeronautical Fixed Service – A fixed service intended for the transmission of information relating to air navigation, preparation for and safety of flight. * Broadcasting Service – A radiocommunication service in which the transmissions are intended for direct reception by the general public. * Broadcasting Station – A station in the broadcasting service. * Mobile Service – A service of radiocommunication between mobile and land stations, or between mobile stations. * Land Station – A station in the mobile service not intended to be used while in motion. * Mobile Station – A station in the mobile service intended to be used while in motion or during halts at unspecified points. * Aeronautical Station – A land station in the aeronautical mobile service. In certain instances it may be placed on board an aircraft. * Maritime...
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...- - - - Table of contents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Executive summary I. Chapter – Introduction 1. Purpose of the Study 2. Objective of the study 3. The setup of the study II. Chapter – Carrefour’s position in China 2.1 Chinas retail market at a glance 2.2 Carrefour’s role in China III. Chapter – The purpose of CSR for multinational companies 3.1 The definition of CSR 3.2 The growing importance of CSR in China 3.3 The importance of Human Rights 3.4 Human Rights in China 3.5 Carrefour’s general employment practice standards 3.6 Carrefour Europe vs. Carrefour China 3.7 Conclusion VI. Chapter – Environmental concerns and CSR 4.1 Environment 4.2 Environmental Problems in China 4.3 Carrefour Europe vs. Carrefour China V. Chapter – Food Safety problematic and CSR 5.1 Food Safety 5.2 International Food Standards and Initiatives 5.3 Food Safety in China 5.4 Carrefour Europe vs. Carrefour China Literature Internet - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Executive summary China is one of the countries where globalisation has led to a significant change of the economical as well as the social frameworks. Multinational corporations are expending in a very dynamic way in order to participate in this new market environment. In countries like China, where the jurisdictional framework is not as evolved as in most of the western...
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...CHAPTER 1 INTRODUCTION 1.1 Background of the Study In this age of industrialization and globalization, the importance of electricity is unquestionable. Considered as one of the basic needs of mankind, it is essential not only in performing household tasks or maintaining livelihood activities, but also in improving people’s well-being. Through electrification, people have greater access to productivity and developments in technology, infrastructure, health, education, communication, and even modern and sustainable livelihoods. However, despite its importance there are still many households especially here in Mindanao which do not have connection to electricity. Based on the results of the 2008 Annual Poverty Indicators Survey, two in every five poor Filipino families living in the urban or rural areas do not have electricity in their homes (National Statistics Office, 2008). The reason for this is the high cost of electricity.For the economically disadvantaged, electricity is considered a luxurious necessity. Another problem that confronts electricity utilization both in the urban and rural areas is the frequent power rate increase and the prevailing power shortages. Based on the situation here in Iligan City as of May 2013, insufficient power supply caused Iligan Light and Power, Inc. (ILPI) to purchase additional 10 MW from MPC (Mapalad Power Corporation). This resulted to increase in power cost from Php 6.53 per kWh to Php 7.67 per kWh. With the increase in demand, possibility...
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...Case Studies Solutions Case Studies Solutions,Article Writing,Assignments,Research Work,Home Work MenuSkip to content Home How We Work ? Refund Policy How to Order ? Disclaimer Contact Us Finance Cases List POSTED ON MARCH 8, 2013 Hello, If u want us to solve any case study from below list, do contact us anytime, We are here to provide the experience, expertise, and professionalism that you are looking for , Our tutors are available 24/7 to assist you what you need, Click Here to submit your Order. ======================================================================================= Acquisition of Consolidated Rail Corp. by Benjamin C. Esty Airbus A3XX: Developing the World’s Largest Commercial Jet by Benjamin C. Esty American Chemical Corp.by William E. Fruhan, John P. Goldsberry American Home Products Corp.by David W. Mullins AQR’s Momentum Funds by Daniel B. Bergstresser, Lauren H. Cohen, Randolph B. Cohen, Christopher Malloy Arundel Partners: The Sequel Project by Timothy A. Luehrman AXA MONY by Andre F. Perold, Lucy White Beta Management Co. by Michael E. Edleson Butler Lumber Co. by Thomas R. Piper Cartwright Lumber Co.by Thomas R. Piper Citigroup 2007: Financial Reporting and Regulatory Capital by Edward J. Riedl, Suraj Srinivasan Clarkson Lumber Co. by Thomas R. Piper Cooper Industries, Inc. by Thomas R. Piper Cost of Capital at Ameritrade by Erik Stafford, Mark L. Mitchell Debt Policy at UST, Inc. by Mark L. Mitchell Dell’s Working Capital...
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...M17_HOLL6227_05_SE_C17.qxd 5/20/10 4:06 PM Page 641 CASE STUDY IV.3 Dyson Vacuum Cleaner: shifting from domestic to international marketing with the famous bagless vacuum cleaner The Dyson history It is impossible to separate the very British Dyson vacuum cleaner from its very British inventor. Together they are synonymous with innovation and legal battles against established rivals. James Dyson was born in Norfolk in 1947. He studied furniture design and interior design at the Royal College of Art from 1966 to 1970 and his first product, the Sea Truck, was launched while he was still Courtesy of Dyson. studying. Dyson’s foray into developing vacuum cleaner technology happened by chance. In 1978, while renovating his 300-year-old country house, Dyson became frustrated with the poor performance of his conventional vacuum cleaner. Whenever he went to use it, there was poor suction. One day he thought he would find out what was wrong with the design. He noted that the appliance worked by drawing air through the bag to create suction, but when even a fine layer of dust got inside, it clogged its pores, stopping the airflow and suction. In his usual style of seeking solutions from unexpected sources, Dyson noticed how a nearby sawmill used a cyclone – a 30-foot-high cone that spun dust out of the air by centrifugal force – to expel waste. He reasoned that a vacuum cleaner that could separate dust by cyclonic action and spin it out of the ...
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...such transmission. The JSTOR Archive is a trusted digital repository providing for long-term preservation and access to leading academic journals and scholarly literature from around the world. The Archive is supported by libraries, scholarly societies, publishers, and foundations. It is an initiative of JSTOR, a not-for-profit organization with a mission to help the scholarly community take advantage of advances in technology. For more information regarding JSTOR, please contact support@jstor.org. http://www.jstor.org Sun Oct 21 09:10:16 2007 Journal of Economic Perspectives-Volume 15, Number 2-Spring 2001-Pages 81-1 02 Capital Structure Stewart C. Myers he study of capital structure attempts to explain the mix of securities and financing sources used by corporations to finance real investment. Most of the research on capital...
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