...To understand how to operate within the boundaries of a foreign country like Venezuela, you must understand its cultural makeup. What does the country of Venezuela look like? Who are the people of Venezuela? What kind of Government represents them? These are just a few questions that will allow for a better understanding and insight on how to approach working within and developing relationships with the people of Venezuela. To better understand the Bolivarian Republic of Venezuela and its great ethnic diversity, it’s important to reference its government, its political organizations, the social and economic wellbeing as well as its military, infrastructure and informational environments. These segments when put together create an overarching...
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...undeveloped? How can you tell? Venezuela is a developing country. This is because in the “One World Divided Chart” it states how long people are in school, the economy, and population growth, which the country Venezuela can relate too. Kids in Venezuela on average stay in school for 14 years, which is better than going to school for 5 years. Also their literacy in that country is very high; the literacy rate is up to 96%, which is close to 100%. This means that in Venezuela the kids must get a good education, for having such a high literacy rate. Also in a developing country the average life expectancy is 60+ years. In Venezuela the average life expectancy is 74 years. This means that people must have housing, food, water, jobs, and medicine to help the people live longer. The death rate in Venezuela is 6 people per 1,000 (2012) and the birth rate is 20 people per 1,000 (2012). The population growth rate is 1.4% per year (2013). There is 501 miles of railroad and 33.3% of their roads are paved. Unemployment is not high in Venezuela, only 7.5% of the population are unemployed. This means that there are many places in Venezuela for people to work and there are many job opportunities. Most people work in factories or agricultural places. To what extent has imperialism...
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...citizens are allowed- For example, freedom of the press. Finally, the right to property is how the government protects the property (homes, businesses, etc.) and the intellectual property (songs, games, etc.). Venezuela, a country located in Northern South America, is a federal presidential republic by President Nicolas Moros. It became a country in 1811, and mainly speaks Spanish, it’s official language. However, Venezuela’s current governmental situation is possibly one of the worst. People’s natural rights are clearly not protected- The numbers don’t...
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...EXECUTIVE SUMMARY The purpose of this report was to analyze the conflict of intellectual property between both pharmaceutical research firms located in New Zealand and Venezuela. Specific objectives were to identify whether there exists any agreement on Intellectual property agreement between Venezuela and New Zealand, determine if the conference paper constitutes a piece of intellectual property and determine how to handle the situation with the two employees. Research found that New Zealand and Venezuela are parties to various international agreements. The report makes recommendations on what step to take should the firm be guilty of intellectual property infringement, dealing with the two employees involved in the research and putting a process in place to avoid such occurrence. In addition the report recommends re-circulating of the non disclosure agreement and the firm's contract of employment around the organisation to be read and signed again by all employees. INTRODUCTION Intellectual property rights are the rights given to people over the creations of their minds; inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. Intellectual property relates to items of information or knowledge, which can be incorporated in tangible objects at the same time in an unlimited number of copies at different locations anywhere in the world. Intellectual property rights are also characterized by certain limitations, such as limited...
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...Running Head: VENEZUELAN OIL MARKET 1 Analysis of the Venezuelan Oil Market BINT 6311 – International Business Management University of the Incarnate Word VENEZUELAN OIL MARKET 2 Table of Contents Abstract ............................................................................................................................................3 Review of Venezuela .......................................................................................................................4 Geographic Location ....................................................................................................................4 Demographics ...............................................................................................................................5 Economic Indicators .....................................................................................................................5 Politics and Economic Freedom ...................................................................................................6 Analysis of Entry Modes .................................................................................................................7 Government’s Role ......................................................................................................................8 Joint Ventures ...............................................................................................................................8 Recent Events in Entry ....
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...Integrated Skills Programme Task Brief Krista Yen is the Commercialisation Director of a Pharmaceutical research company based in Hamilton, New Zealand. For years her organization has been developing a drug that will overcome a number of common organ rejection issues. Now, the week after the drug was formally submitted to the testing authorities in New Zealand, a letter from solicitors of a rival firm in Venezuela has arrived accusing Krista’s firm of intellectual property theft. Although the specification of the drug is a closely guarded secret, the Venezuelan firm have shown that two paragraphs in the technical release submitted to the testing authority, are identical to those published in a paper presented by their researchers at a conference in Buenos Aires last year. The first paragraph describes the way in which the drug works upon entering the stomach and the second describes possible side-effects. Krista’s firm holds non-disclosure agreements with all employees and the firm’s contract of employment stipulates that anyone responsible for intellectual property infringements will be summarily dismissed. The Head of the Research Team, who was ultimately responsible for the report’s preparation, has tendered her resignation, but she insists, privately, that she did not write the sections in question. Suspicion has fallen upon a Nicaraguan research assistant with a reputation for spending time in Spanish-speaking, technical-based, Internet chat rooms. Although it is...
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...One of the most conclusive verdicts on the leadership of Hugo Chavez in Venezuela came out of a physician who became famous for ensuring that he had inner knowing that cancer will eventually kill the president of Venezuela. It was widely covered by the media of opponents, communication eager to fill the void left by the lack of official information on the health status of Chavez statements. Beyond truth diagnosis doctor Jose Rafael Marquina, a Venezuelan who resides in Florida, USA, also transcended his criticism of the style of government of the now deceased leader. In an interview with the local newspaper Tal Cual in December 2012, he said: "Chavez dealt with his illness in the same way it did with the country in an improvised way." From...
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...Research project: The relationship between: the annual growth rate of GDP per capita and the public expenditure in Latin America. F29 F33 F43 O19 My goal for this research project is to examine the relationships that exists in between the annual growth rate per capita and public expenditure in Latin America. What I wanted to see is if a higher growth rate of GDP meant that a higher percentage was spent in the public sector. Data was gathered from the ECLAC, The World Bank and also the International Monetary Fund. Introduction The reason I was very attracted in this research is because as someone born in South America and lately Latin America has been doing better than before, and visiting South America the past year I have seen how infrastructure has improved lately so I was very interested in seeing how big of a role public expenditure plays in countries that are developing. Expenditure on welfare, health and education are an essential part of what governments do to enhance the quality of life of their citizens and the human capital base of their societies. My focus on public and social expenditure in Latin America is mainly guided by the concern of how Governments utilizes existing policies and seeing how these theories and policies have helped increase Latin America’s GDP. In Latin America we find a great variation in social policy regimes; ranging from Uruguay and Argentina, where a large majority of the population is covered by social policy and has decent...
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...Purchasing Power Parity I. Introduction In every transaction we have two parties, one who is receiving a product or service, and one who is expecting a predetermined amount of money for the product. The purchaser expects to pay the same dollar amount whether they are at home using their currency or abroad exchanging their home currency for the foreign currency. In a perfect world this would prove the Purchase Power Parity that we will discuss in this paper. There is great history of the evolution of the currency, and how the price of that currency has affected price. These changes will be explored to see if there are any correlations that we can show. In this paper we will attempt to test the correlation between the increase and decrease in price against the increase and decrease of the value of the currency for a specific country. II. Purchase Power Parity Purchase Power Parity can be defined as the law of one price where the identical product would sell for the same price no matter the location. The PPP is applying that law of one price to currency. Purchase Power Parity is an economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power. In other words, the exchange rate adjusts so that an identical good in two different countries has the same price when expressed in the same currency. Gustav Cassel developed this theory, in its current form...
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...Exercise country analysis and country risk Venezuela Hypump, a US company producing hydraulic pumps used in oil producing industry, likes to investigate the possibility of starting a new subsidiary in Venezuela, and asked you to make a country analysis and country risk report. The facts, key indicators and back ground information of Venezuela you found after research are presented in the Appendix. Use that information to answer the following questions: Moderate poverty and inequality have decreased from 1998 onwards due to the program called ‘Missiones’ according to the World bank (see appendix). 1. Use the fact sheet Venezuela whether this can be confirmed with figures. Assess: a. Level of development b. Income inequality 2. Assess Venezuela’s export structure. What is it based on? Use GDP and expenditure components for Q 3 and Q4 to assess Venezuela’s attractiveness from the table: 3. How can you see 2014 and 2015 are forecasts? 4. Characterize the phase of business cycle Venezuela has faced in 2013 and 2014 (Explain which key indicator(s) are used to answer the question) 5. Make a ‘first level analysis’ of the aggregate components of GDP to explain the economic (GDP) growth during 2013. 6. Explain the influence of imports on GDP in 2013. 7. Make a ‘second level’ analysis of the aggregate components of GDP to find some reason(s) for the movement of the various components. ‘The decrease...
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...Mercosur: South America's Fractious Trade Bloc Authors: Joanna Klonsky, Associate Editor, Stephanie Hanson, and Brianna Lee Updated: July 31, 2012 This publication is now archived. Introduction What is Mercosur? What are associate members? Why was Paraguay suspended as a Mercosur member? What are the implications of Venezuela joining as a full member? Does Mercosur have a political agenda? How does Mercosur affect other regional groups? How has Mercosur stimulated cooperation among its members? What are the prospects for Mercosur's future? Introduction Mercosur, the "Common Market of the South," is an economic and political agreement among Argentina, Brazil, Paraguay (which is currently suspended), and Uruguay to promote the free movement of goods, services and people among member states. Mercosur's primary interest has been eliminating obstacles to regional trade, such as high tariffs and income inequalities. Yet experts say Mercosur has become somewhat paralyzed in recent years, with its members divided over whether the organization should remain focused on regional trade or whether it should add political affairs to its mandate. In July 2012, Venezuela was admitted to the trade bloc as its fifth full member with complete access to the common market and voting rights, a move that some analysts say will primarily benefit Argentina and Brazil and further politicize the organization. The creation of a regional customs union in 2008, the Union of South American Nations (UNASUR)...
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...Finding His Mother Added by Lydia Bradbury on May 27, 2014. Saved under Lydia Webb, U.S., Venezuela Tags: good [pic]Divorced parents are a common enough occurrence in the United States that when a child says, “My parents are divorced,” it hardly raises an eyebrow. But for David Good, it was a painful reality he sought to avoid mentioning, mostly because he would have to explain where his mother was, which meant telling people that she lived in a tribe in Venezuela that was stuck in the Stone Age. Good’s mother, Yarima, is a member of the Yanomami tribe, a tribe that still maintains the vast majority of its ancient traditions, including rituals, feasts, games and living in the “shabano,” a large, circular communal house. After marrying Kenneth Good, an anthropologist studying the tribe, she lived with him in the U.S., but found the isolation from her family too hard to bear. She returned to the Amazon Rainforest in Venezuela, leaving David and his siblings with their father in America. After years of separation, David Good finally went to Venezuela to find his mother, and to face up to a fact he had avoided for so many years: “My mom’s a naked jungle woman.” At its heart, this story is one about love and family, which can sometimes be a truly multicultural experience. David Good is a true-blue American son. As a child, he played Little League baseball and had a paper route. For a boy raised in Pennsylvania, his story is one that many men his age would recognize...
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...Seminar Financial Risk Management 20011-2012 Erasmus University Testing the validity of Purchasing Power Parity: In time series and panel analysis using CPI, TPI and PPI. Supervisor: Everaert Gerdie Leonora Jean-Timothy Marsoufandis-Balomenos Nikolaos Venieris Michael February 10th, 2012 319006 356941 354890 Abstract The examination of the Purchasing power parity theory with reference to 22 (invluding the U.S) countries is the prime objective of the paper. Consumer price index (CPI), whole sale price/producer price index (PPI), traded price index (TPI) and nominal exchange rate are the variables which were investigated in this study for the period 1957Q1-1998Q4, on the basis of the mean reversion hypothesis. Engle-Granger co-integration and Unit root tests have been employed to both of variables and estimated residuals of the sample in order to test the purchasing power parity. Keywords: Purchasing Power Parity, unit-root and co-integration. Content 1. Introduction……………………………………………………………….….3 2. Literature review………………………………………………………….….4 3. Data……………………………………………………………………………7 4. Methodology………………………………………………………………….8 5. Empirical results………………………………………………………..…....11 5.1. 5.2. 5.3. 5.4. 5.5. Unit-root and cointegration results(CPI)……………………………....11 Unit-root and co-integration results(TPI)……………………………..15 Unit-root and co-integration results(PPI)……………………………..16 Half-life deviations from PPP…………………………………………..17 Forecast performance…………………………………………………...20 6....
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...The Iranian Nuclear Dilemma Jonathan Metcalfe International Relations Research Paper Nathan Jones University of San Diego 5 December 2011 Since 2006 Iran has been making a serious push to gain nuclear weapons. Iran has been disregarding President Obama’s requests to cease the nuclear weapons program that is becoming a larger threat to international security. A realist would see the Iranian nuclear struggle as a push to challenge the power of the United States. Countries that have nuclear weapons legally through the Nuclear Non-Proliferation Treaty are major world powers in regards to economic, military, and global influence. Realism suggests that if Iran were to obtain nuclear weapons that they could create hegemonic stability in the Middle East. Throughout history the Middle East has been a very unstable area. In recent years there has been effort to overthrow the dictatorial governments in the area, which created political unrest. Iran’s push to obtain nuclear technology could possibly bring peace to that area. Iran’s nuclear program has been developing since the 1960’s and was recently revived in 2006. Iran plans to have the nuclear technology ready by 2015. Iran could become a global superpower in years to come. Venezuela, Russia, the AQ Kahn network, and several other countries contribute to the Iranian development of nuclear weapons. These countries have aligned, and exchange information about WMD’s. Although aligning with...
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...b) Power Orientation – Power-Distance-Index (PDI) c) Uncertainty Orientation – Uncertainty-Avoidance-Index (UAI) d) Goal Orientation – Masculinity-Femininity-Index (MAS) e) Time Orientation – Long-Time vs. Short-Time-Orientation-Index (LTO) 3. Examples – Germany, United States, Venezuela 4. Problems and Discrepancies 5. Conclusion 6. Bibliography 1 Cultural dimensions according to Geert Hofstede Classifying and comparing cultures is strongly connected with the name Geert Hofstede. The Dutch social psychologist, as he calls himself, was born in 1928 in Haarlem(Netherlands) as Gerard Hendrik Hofstede. He went to schools until 1945, that was when he completed the Diploma Gymnasium Beta. From 17 on until he was 25 years old, he studied Mechanical Engineering and ended it in 1953 with a Master’s Degree. After two years of military service he started working in managerial jobs until 1965. He completed his Ph.D. in Social Sciences in part time studies. Already during that time, from 1965 until 1971 he founded and managed the Personnel Research Department of IBM. In this time, he developed the theory of the Cultural Dimensions that are presented in this paper. He worked with 117.000 empleyees of IBM from all over the world. In the following years he has been lecturing in Brussels at EIASM (European Institute for Advanced Studies in Management), in Fontainebleau at INSEAD (= Institut Européen d’Administation des Affaires) and at the Maastricht ...
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