1. Globalization and International Business What is globalization? Globalization refers to the widening set of interdependent relationships among people from different parts of a world that is divided into nations. The term also refers to the integration of world economies through the reduction of barriers to the movement of trade‚ capital‚ technology‚ and people. Throughout history‚ human contacts over ever-wider geographic areas have expanded the variety of available resources‚ products‚ services
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Further‚ to fully use new pedagogical possibilities offered by ICT‚ profound changes in managers’ conceptions of learning and knowledge are required. Technical expertise alone is not sufficient for exploiting new pedagogical possibilities provided by ICT; insofar as ICT is used in the educational system as a purely technical innovation‚ it is not likely that significant pedagogical progress will be achieved. Several cognitive researchers (e.g.‚ Salomon‚ 1997; Salomon & Perkins‚ 1996; Scardamalia
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Economics for business by David Begg and Damian ward (3rd edition) chapters 1-8 Chapter 1: Economics for business. 1.1; What is economics? Economics is the social science that analyzes the production‚ the distribution and consumption of goods and services. It studies how individuals‚ firms‚ governments and economies deal with the problem of infinite wants and finite resources. Factors of production are the resources needed to make goods and services‚: land‚ labor‚ capital and enterprise. - Land
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Reaction on Reaction Paper The first thing that came to my mind when I have heard about Reaction paper is “What exactly is it?” and before I get an understanding of that‚ I resisted that change. But later‚ when I have studied about it and understood its purpose‚ I have started thinking “Why people avoid change at the first look without an analysis?” The general human tendency is to live in a comfortable zone in which he has lived for quite some time. He draws a circle‚ thinks that circle is his
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International Business Chapter 1 Globalizing business What is global business International business (IB): (1) a business (firm) that engages in international (cross border) economic activities and/or (2) the action of doing business abroad. Multinational enterprise (MNE): A firm that engages in foreign direct investment (FDI) Foreign direct investment: investmen in‚ controling‚ and managing value-added activities in other countries Global business: Global business includes both (1) international
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FORMS OF BUSINESS ORGANISATIONS Definition Sole-Proprietorship A business owned by one person Partnership An association of two or more persons carrying on business in common with a view to profit Limited Partnership (LP) A partnership consisting of two or more persons‚ with at least one general partner and one limited partner Limited Liability Partnership (LLP) A partnership where the individual partner’s own liability is generally limited Company A business form which
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com/5-key-questions-to-gauge-the-culture-in-your-startup-2012-10 Every company should and most likely does care about their company culture. Yes‚ I know what your thinking‚ this article is about starting up a business and how to start it out with a positive‚ successful culture. Yes and no. After reading this article‚ I feel like Martin Zwilling wrote an article on “Howard’s Gift: Uncommon Wisdom to Inspire Your Life’s Work‚” a book that not only helps with starting successful cultures in businesses‚ but it gives you
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BUSINESS MANAGEMENT Managers require a range of skills to operate effectively now and into the future. These skills include: interpersonal (people) communication strategic thinking vision problem solving and decision making flexibility and adaptability to change reconciling the conflicting interests of stakeholders. INTERPERSONAL SKILLS Managers get their work done with and through other people; therefore‚ interpersonal (people) skills are extremely important. Such skills mean a manager
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wise (can) Legal subjects – means that human beings and business entities are subject tot the law Legislature – the state’s bodies with legislative authority Legal system – the total of all legal rules and institutions involved in creating‚ interpreting and enforcing the rules 1.3 Business ethics Ethics – comprise the moral and value standards that act as behavioural guidelines Business ethics – studies ethics within a business and company setting Corporate culture – reflects the values
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This is a summary of an article I found in "New York Times" three years ago. Maybe it will be helpfull for students who have to take English classes. I had to do it for university to improve my buisness English skills. Summary of New York Times-article In the following text I will summarize the article “Crisis in Europe and U.S. Hurts Asian Economies”‚ published in New York Times on January 23‚ 2009. The text is about the weak Asian economies and how they are affected by the crisis which
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