What are the advantages and limitations of cohesive groups? “Groups differ in their cohesiveness —the degree to which members are attracted to each other and motivated to stay in the group”. (Robbins & Judge‚ 2013‚ p288) Is it right if the more cohesive groups are‚ the more effective groups are? This is up to groups’ performance‚ objectives and abilities of each member. “Cohesiveness affects group productivity. Studies consistently show that the relationship between cohesiveness and productivity
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POST FORDISM During 1970s and 1980s Fordism system started being challenged by new kind of work organisation Fordism principles- fragmented work‚ dedicated machinery‚ serial‚ rather than parallel task‚ task sequencing create enormous economic off scale but have one crucial weakness namely inflexibility. During 1970-80s‚ the mass market which stabilised the Fordist system was breaking up. Sabel argued that this had come about because of a number of global changes‚ but the chief factor is the changing
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References: 1. IMF: http://www.imf.org/external/about/whatwedo.htm 2. World Bank: http://go.worldbank.org/7Q47C9KOZ0 3. UN: http://www.un.org/en/aboutun/index.shtml 4. WTO: http://www.wto.org/english/thewto_e/whatis_e/what_we_do_e.htm
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1. voting power or quotas‚ 2. the composition of the Executive Board‚ and 3. the appointment of IMF leadership. Unlike the United Nations or the WTO‚ where every member has one vote‚ the weighting of votes in the IMF is designed to reflect each member’s relative strength in the global economy. Emerging market economies such as China‚ India‚ or Brazil were particularly underrepresented relative to their economic output. Moreover‚ the calculation of the quota formula was seen as unbalanced
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explore and discuss the incentives for protection and the role of the World Trade Organisation (WTO). The report will first cover a definition of the key terms‚ followed by an analysis of the factors that contribute to protectionism. WTO will then be introduced and the relevance of the organisation and its policies will be evaluated. 1. Definitions of terms WTO: World trade organization The WTO provides a forum for negotiating agreements aimed at reducing obstacles to international trade and
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China Myths‚ China Facts China Myths‚ China Facts Globalization has changed a lot of ways corporations are operating these days. It has been very hard for most of the companies to adjust in this new environment. One of the countries that these companies had challenges was China. Businesses are learning every day that successful managers need cross cultural skills and training to succeed in a position outside of their country. In his new book‚ “What Chinese Want”‚ Tom Doctoroff‚
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Starbucks Corporation in China Company overview Starbucks Corporation is one of the most famous coffee retailers in the world. According to Starbucks Corporation (2012)‚ it runs over 55 countries in many regions including North America‚ Asia Pacific‚ Latin America and so forth. Starbucks headquarter is located in Seattle‚ Washington‚ USA. It has approximately 149‚000 employees. According to Starbucks Corporation (2012)‚ its company verified the income of 11‚700.4 million dollars during the
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For exclusive use at Great Lakes Institute of Management (GLIM)‚ 2015 9 -7 1 1 -0 1 0 REV: MARCH 30‚ 2012 DIEGO COMIN RICHARD H. K. VIETOR China “Unbalanced” We urgently need to transform the pattern of economic development‚” pronounced Premier Wen Jiabao in March 2010. “We will work hard to put economic development on the track of endogenous growth‚ driven by innovation. — Premier Wen Jiabao‚ March 20101 Since the early 2000s‚ the success of China’s export-led growth strategy had been alienating
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international trade once Vietnam has been an official member of WTO. It is textile and garment industry that is one of the most difficult problem in negotiation process of bilateral agreement with US. So for such a dependent-on-government industry like textile and garment industry‚ what would happen after removing all preferences ? Whether they could survive ? What should they do to gain benefits in such a fierce competition after WTO accession ? That is the purpose of our paper. We hope that this
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most prominent SEZs in the country are Shenzhen‚ Xiamen‚ Shantou‚ and Zhuhai. It is notable that Shenzhen‚ Shantou‚ and Zhuhai are all in Guangdong province‚ and all are on the southern coast of China where sea is very accessible for transportation of goods. An analysis of the performance of these SEZs in China versus those in India in liberalizing the Chinese and Indian economies and their impact on economic growth was conducted by Leong (2012). This paper investigates the role of special economic
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