affected by corruption. Government officials, clerks, secretaries and even ordinary peons, security officers and others are engaged in corruption. They take bribe from common people for giving any service. Our country, Bangladesh, has topped the list of corrupt countries five times. There is none to raise voice against the galloping corruption! Even the organizations that collects data about corruption – are themselves corrupted in a very secret way! However there are many reasons behind this corruption
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inhabitants living on less than $2 a day PPP. Although much of Africa is, developmentally speaking, several generations behind the United States and other western nations, there is reason to believe that returns from human and physical infrastructure, foreign direct investment, and international aid organizations will set the stage for sustainable high growth opportunities in the future. While the continent as a whole shares in the struggles for development, the size of the landmass is four times that
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“Ethics” has at least three uses potentially relevant here. First, it can be a synonym for ordinary morality, those standards of conduct that apply to all moral agents simply because they are moral agents—“Don’t kill”, “Keep your promises”, “Help the needy”, and so on. Second, “ethics” can refer to those morally binding standards that apply to members of a group simply because they are members of that group. Legal ethics applies to lawyers and no one else; business ethics to people in business and
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Denmark has never been exposed to other cultures because they feel that it would only corrupt their own culture. Due to this, they have closed their borders to immigrants crossing the Mediterranean and became xenophobic. This lack of tolerance only amounted to the Danes discriminating against the refugees from other countries who did not want
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Every year the imperialists’ influence on Bangladesh becomes apparent when the Bangladesh Development Forum (previously known as Paris Consortium) meeting is held. This year this meeting was held on May 16 and 17 in Dhaka. In these meetings Finance Minister, Saifur Rahman, met the so-called ‘development partners’ (IMF/World Bank and others) who gathered to pledge money (loan and aid) to help develop the nation. The meetings were hailed a great success as $2 billion in aid were promised to Bangladesh
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only to London. But regulation was almost nonexistent. New exchanges had sprung to meet the hugely increased trading, and the curb market operated on Broad Street with no regulation whatever. Worse, New York state and city governments were utterly corrupt; an English magazine of the time reported that "in New York there is a custom among litigants as peculiar to that city, it is to be hoped, as it is supreme within it, of retaining a judge as well as a lawyer." When Cornelius Vanderbilt tried to buy
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management and subordinate relationships. If a country has a high power distance, management structures seem to be more rigid or hierarchal and a chain of command system is in place. Rarely will an employee bypass his supervisor for it may be considered an act of insubordination. On the other hand, a country with a low power distance may have a management structure that is more flexible or flat. In this case it would be a cultural norm for an employee to go around his supervisor if it was the best way to
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Social responsibility and managerial ethics You may be wondering, “Why should I care about corporate social responsibility or managerial ethics or whether or not my employees have health care benefits? Aren’t these the types of issues philosophers worry about?” To answer this question, you only need to pick up a recent newspaper or business magazine. Everything from Wall Street trading scandals to accounting frauds at AIG, Lehman Brothers, Enron, Parmalat, Satyam, WorldCom, Tyco, and Global
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start of a now; one of the largest worldwide enterprises. Wal-Mart; the largest retailer in the world, is a publically traded company. Wal-Mart has a very detailed ethical responsibility to their stakeholders, to ensure that their business practices are ethical and in compliance with the financial and legal requirements of each of the countries that Wal-Mart operates in. Ethics and Compliance Wal-Mart is one of the worlds leading companies financially, they have been widely recognized for
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MGT 538 Final Exam www.StudentWhiz.com 1) Experts suggest that firms that want to globalize through e-commerce must first localize, which means that firms need to A.use local suppliers, vendors, and distributors to manufacture products for the local market B.modify their products and services to meet the needs and interests of local cultures C.sell their products in a brick-and-mortar store before selling them through an e-market D.test their products and
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