Natalie BU288-ONL01 Case or Assignment # Issue 01: As a Business Analyst‚ I have identified payroll as an area where the company in the Case Study can make some strategic improvements. My Proposed Strategy to fix the issue is to: The various problems of payroll are‚ customers being off topic‚ negotiating with same providers‚ and Gross spending time on training. When speaking with new or returning customer it is required to get specific information out of them. This process can be prolonged with
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Abstract I chose to profile Spain and their business culture in this paper. In 1986 Spain joined the European Union which significantly increased their economy. If you are going to do business with the people of Spain it is important to understand their work relationships and business practices. Business Culture in Spain Spain is a country in southwest Europe with about 46 million people. The national language is Spanish‚ or Castilian Spanish. In the interior the summers are clear and hot
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Therefore‚ understand the cultures of different ethnic groups is essential in doing business. According to Jodie R. Gorrill‚ in Malaysia‚ a predominantly Muslim country‚ a businessperson should perceive to understand Malay’s customs and taboos. For example‚ Fridays are a particularly religious day of the week for Malays and the business meeting should not be arranged at this time. Instead of this‚ when entertaining Malay associates (who are Muslim)‚ avoid conducting business on Friday or during the
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Business Communication Case Study – Harrods Introduction Established in London since 1853 by Charles Henry Harrod‚ Harrods is a department store for luxury branded merchandise. Voted as the ‘Luxury Retailer of the Year 2013’ Harrods has a reputation of always delivering the highest standards of customer service as well as expertise in luxury goods. Harrods is currently owned by Qatar Holdings‚ with the head being Hamad bin Jassim bin Jaber Al Thani‚ a former Prime Minister of Qatar. Harrods was
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Brazil – Group Assignment Intercultural Business 3.0 Brazil’s Business Culture The culture and etiquette in Brazil vary a lot from the culture and etiquette in most of Europe‚ they’re more similar to the ones you find in India. It’s a country where family is highly valued and nepotism is the leading model in business. The most prevalent obstacle you will meet will be the “Custo Brasil” which stands for the extra costs business in Brazil brings e.g. corruption. In north the businesspeople
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Indonesia and its Business Culture Religion and culture: -Most Indonesian businessmen are Chinese and mostly non-Muslim. -Many are Christians but because Indonesia is dominated by Muslims‚ it could be offensive and impolite to eat during the fasting hours of Ramadan. -Superstitions: There are many superstitions in Indonesia due to the folklores and belief in Black Magic. One such superstition is to avoid making payments at night as it is believed that it may lead to bankruptcy of business failure.
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Culture‚ Institutions and International Strategy. For those firms who want to expand their business internationally‚ it is inevitable for them to face the cultural challenge. This article stresses the impact of culture on international operation as well. According to institutional-based view‚ informal and formal institutions have their own way to reduce risk. For informal ones‚ they rely on relational contact which is informal relationship based and personalized exchange. What is more‚ Human capital
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as well as the company‚ etc‚ I need to gather extensive information about the Japanese business culture as the peculiar characteristics of this particular trading company with whom we are meeting. It is extremely important in international business that one should pay attention to prevailing business culture‚ customs and peculiarities of the companies from other countries in order to conclude a successful business deal. Therefore‚ I need to peep into material describing the Japanese way of doing businesses
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Matrix (EFE Matrix) Critical Success Factors Weight Rating Weighted Scores Strength Market tends to be more open to online auction 0.10 4 0.40 personal market become more important 0.10 4 0.40 Online auctions are one of the fastest-growing business models on the Web 0.05 4 0.20 The customer-to-customer online auction model is a new niche 0.10 4 0.40 The whole market is not well‚ people tends to sell more cost effective 0.10 3 0.30 There still more than 90% people have never used online auction
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Business Culture in ITALY Doing business abroad introduces international business people to differences in approaches to business‚ business etiquette and protocol. Although these may not be crucial to business proceedings they should not be dismissed as unnecessary. Cross cultural awareness can enhance the potential of the international business person’s trip considerably. Let us look at a brief example: There are two business people each planning on doing business in Italy. Both have similar
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