Goodhart used it to refer to the different ways in which the activities of banks are monitored and controlled by governments and financial regulatory bodies.[4] Since it is difficult to establish the clear meanings of the term of regulation, there are two approaches taken by Evans[5] and also Hadjiemmanuil.[6] Beside, it is also important to understand the crisis management techniques available to bodies such as Financial
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GLOBAL ROLL OUT: A CASE STUDY OF PT. XYZ INDONESIA REBRANDING PROGRAM In February 2007, XYZ - a North American mining corporation, acquired 100% share ownership of ABC Limited, one of the largest nickel mining and processing companies in the world. PT. ABC Indonesia, which was 60% owned by ABC Limited, was inevitably also affected by the acquisition process. The news about the acquisition was immediately spread among the employees and concerns about the possible changes in the company arose immediately
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International Consumer Behaviour ROBOLOVE Théo LAMARE By Robolove, we do not mean a feeling of love towards robots like it is depicted in Spike Jonze’s disturbing movie “her”, even if humanity could be soon exposed to this unexpected situation. Here, we rather mean the phenomenon characterized by the fact that there are more and more robots presents in our daily lives, which is also true in the business world. People will be more frequently in contact with robots in circumstances that they
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INTERCULTURAL BUSINESS COMMUNICATION Introduction Due to globalisation and the rapid development of multinational firms, intercultural communication poses new challenges to the managers. In specific, the companies who extended their businesses in foreign countries faced the cross-cultural communication problem, where greater the cultural difference is more likely problem in communication. In order to achieve the goal of the organisation by the way of communicating with each other, it is an important
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tool and has become more prevalent in recent decades due to rapid growth in industrial sector. 1.1 An explanation of risk management Risk management may be the process of identifying, quantifying, and managing the risks makes fish an organization faces. As the final results of business activities are doubtful, they are said to involve some element of risk. These challenges include strategic failures, operational disappointments, financial failures,
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Decision making is a vital component of small business success. Decisions that are based on a foundation of knowledge and sound reasoning can lead the company into long-term prosperity; conversely, decisions that are made on the basis of flawed logic, emotionalism, or incomplete information can quickly put a small business out of commission (indeed, bad decisions can cripple even big, capital-rich corporations over time). All businesspeople recognize the painful necessity of choice. Furthermore,
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for the implementation of the strategy. The aim of this article is to critically evaluate how both internal and external aspects of the environment influence HR strategy. In order to attain this aim, the paper will start with a brief definition of two key concepts -strategy and HR strategy- needed to understand how important the internal and external environment are in the strategy formulation process. After this, the article will provide an analysis of the main aspects in the internal and external
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environment, where change occurs continuously. The automotive industry, the health care and biotech industry, financial services, telecommunication and media companies, commodities manufacturers and internet companies have nothing in common but the need to face profound and dramatic change to stay competitive in today’s business world. This context poses a serious challenge to the management of all the existing organizations, that is the need to manage change well in order to achieve long-term success in
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Introduction2 Motivation2 General flow2 Literature review3 Definition of comfort zones3 Exploring the uncertainty4 Defeating the fear of failure5 Stretching the comfort zones6 Real life experiences8 Small circles formed unconsciously8 Risk avoidance due to fear of failure9 Development plan12 Mentally prepared and force to step out12 Proactively step out in new environment12 References13 1. 2. Introduction: Motivation of this paper “Comfort zone” was the first word that
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n Individual –Riordan Problem Solution Paper and Defense Using the Problem Solution Template, develop a 3,000-4,500-word paper in which you propose a solution to help Riordan develop cross cultural management tactics that meet strategic goals. Remember that your solution needs to focus on the cross cultural management concepts covered in the course (see the mind map in Week Four on your rEsourceSM course page). Be sure to incorporate appropriate citations from your readings and research. NOTE:
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