The video discussion‚ Tom Freedman‚ The World is Flat‚ is about Tom Freedman’s experience of how he learned the world is flat. By this‚ he means that anyone can send their own content to anyone in the world‚ basically for free. Tom believes the global economic playing field is being leveled. He believes this happened by three great eras of globalization. The first‚ globalization 1.0 started in 1492 and lasted until early 1800’s where the world shrunk from large to medium. The Spanish explored the
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In his article‚ “The World is Flat‚ After All”‚ Friedman discusses the progression of the world via Globalization. Starting from the initial age of Globalization between 1942 and 1800 when countries were globalizing for resources and imperial conquest‚ to the secondary age with the corporate revolution (1800-2000)‚ and finally‚ to today’s era of globalization that is not limited to where you live‚ what race you are‚ or how much money you have. Each stage of globalization brought about change by new
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Inditex In 1963‚ Amancio Ortega opened for business enterprise manufacturing ladies’ gowns in a small workshop in A Coruña‚ since then its progress has been remarkable. Today‚ Inditex (Industria de Diseño Textil‚ SA) has become an international fashion retail composed of six business units: Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius and Oysho. Its organizational structure consists of several departments‚ corporate headquarters‚ the six business units mentioned above and a number of areas
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Introduction Capital structure (CS) is one of the most important aspects of the Financial Management of any organization. It aims is to identify and implement the best capital structure proportion possible that suits the organizations needs and objectives. An optimal Capital structure boosts the prosperity of the company in the long run and reduces the risk. CS is a mixture of a company ’s current and non current debt‚ common and preferred equity. It ’s the way a company finances its functions
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Market Structure of a Cosmetologist Nedra Dennis ECO/365 Feb.11‚ 2013 Matthew J. Angner Market Structure of a Cosmetologist We will identify the market structure of a Cosmetologist also known as a hairdresser. Also how a Cosmetologist differentiates from other alternatives and the competitive strategies that might be used by the organization to maximize profits over the long run. As a Cosmetologist which I am in‚ the market structure would be a sole proprietorship. As a sole proprietor you
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Some form of organizational culture and structure exist in every organization. Successful organizations are often credited with having an appropriate organizational culture and/or structure in place that allows them to reach success. Many companies can believe that they have the needed structure in place to assure success; yet they fail where others succeed. Some work very well‚ and some just do not work at all. For any organizational culture and structure to function properly‚ it seems as though
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Organalizational Structure of Zappos.com Mark Douanglathay MGT230 January 10‚ 2013 Susan Cannon The Organizational Structure of Zappos.com The organizational structure of Zappos.com is revered as one of Americas’ most innovative corporate cultures. The unique structure of this company has been so successful that they have a department for business-to-business consultations that assist other companies interested in adopting the model into their own organization. From a struggling start-up business to a
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The World is Flat: The Great Sorting Out Summary In this chapter‚ Thomas Friedman looks at how cultures and societies will have to deal with and adapt to the changes that globalization brings to the way of doing business. It affects whole companies and individuals. He gives the perception of the world is flattening by comparing the Industrial Revolution to the IT Revolution that is happening right now. The flattening process was identified by Karl Marx and Frederich Engels in the Communist Manifesto
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OrganizationalOrganizational structure is needed in organizations to arrange employees and their jobs in a certain category to help meet business goals and needs. Procedures are established that assign responsibilities for various functions. These decisions help determine organizational structure (Madapusi‚ 2008). Organizational structure allows greater effectiveness in organizations. Different types of organizations such as Baker Hughes Drilling Fluids‚ Atlanta Memorial Hospital‚ Doyenne Constructors
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Flat Tax A flat tax is a system that applies the same tax rate to every taxpayer regardless of income bracket. Typically‚ a flat tax applies the same tax rate to all taxpayers‚ with no deductions or exemptions allowed‚ but some politicians such as Ted Cruz and Rand Paul have proposed flat tax systems that keep certain deductions in place. Most flat tax systems or proposals do not tax income from dividends‚ distributions‚ capital gains and other investments. Supporters of a flat tax system propose
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