Royal Dutch Shell- (RDS) Answer Guidelines: Q1. Discuss Hofstede’s cultural dimensions and how they impact Royal Dutch Shell in doing business abroad. Define culture: “culture is shared‚ learned values‚ norms of behaviour‚ means of communication and other outward expressions which distinguish one group of people from another”‚ or the collective programming of the human mind Main two theorists in Culture- Hofstede as the main and Trompenaars relational dimensions Dimensions are: Power distance
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Grades I to V. DETAILED COMMENTS PAPER 01 Module 1 – Caribbean Society and Culture There were five questions in this section‚ each carrying 6 marks. Performance was generally satisfactory. Question 1 While there were some completely correct answers for both parts (a) and (b)‚ many candidates experienced difficulty in explaining what is meant by plural society‚ and in describing two features of a plantation society. Examples of the type of responses expected for plural society were • •
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Wal-Mart 1. What is the ethical dilemma facing Wal-Mart in this case ? Do Wal-Mart’s associates also face an ethical dilemma? If so‚ what is it ? Wal-Mart is facing an ethical problem by implementing computerized scheduling system. Indeed‚ before the store managers had to arranged manually the schedule for the employees but Wal-mart begun to use Kronos system to create work schedule. Obviously‚ this implementation helps to increase the profit margin of the company. But what are the consequences
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In March of 2016‚ millions of people tuned in to the series finale of the esteemed television program Downton Abbey. What captured the audience‚ myself included‚ was not only the story of the Crawley family‚ aristocrats who owned the sprawling Downton estate‚ but the men and women who served them. The narratives of Daisy the cook’s assistant and Anne‚ the lady’s maid weaved their way through the many tragedies and changes of the Crawley’s‚ a traditional family trying to adapt to the massive changes
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Task A: 1. Elasticity of demand (Ed): A measure of the response of a consumer to a change in price on the quantity demanded of a good (McConnell‚ Brue‚ & Flynn‚ 2012‚ p. 76). Determinants include substitutability of a good‚ proportion of a consumer ’s income spent on a good‚ the nature of the necessity of a good‚ and the time a purchase is under consideration. It can be calculated with the following formula: Ed = percentage change in quantity demanded of product X percentage change in price
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expensed them all as R&D. Assume that 60% of the reported R&D could have been capitalized and spread out over the following two years. For example. The amount of R&D capitalized into 1995 would be evenly spread out among 1996 and 1997. If this were the case how much would net income have been in 1997 and 1998? What would be the percentage increase in net income from 1997 t0 1998? Compare that to the actual reporting change in net income from 1997 to 1998 Year 1995 1996 1997 1998 Revenue 6075 9050 11936
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2014 IDEO CASE STUDY 1) How would you characterize IDEO’s process‚ organization‚ culture and management? IDEO was a firm founded by David Kelley in 1991. The success that the company achieved was directly associated with the great creativity/innovative process that the company introduces. Starting to explain a little the phases of the process‚ IDEO’s product development process follows several phases‚ and each one‚ contains methods like Observation‚ Brainstorming‚ Prototyping and Implementation
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( Answers to Mini-Case Questions BioCom Inc. This mini-case provides a review of the methodology and rationale associated with the various capital budgeting evaluation methods such as payback period‚ discounted payback period‚ NPV‚ IRR‚ MIRR‚ and PI. 1. Compute the payback period for each project. |Time of Cash Flow |Nano Test Tubes |Microsurgery Kit | |Investment |−$11‚000.00 |−$11‚000.00
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1. See Appendix A 2. Liquidity ratio. The firm’s liquidity shows a downward trend through time. The current ratio is decreasing because the growth in current liabilities outpaces the growth of current assets. The quick ratio is also declining but not as fast as the current ratio. From 1991 to 1992‚ it only decreased 0.35 units while the current ratio decreased 0.93 units. Looking at the common size balance sheet‚ we also see that the percentage of inventory is growing from 33% to 48% indicating
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will have obtained the answer 51%‚ which is not the answer given in the question. Activity 34 See how many of the following possible improvements you spotted – but don’t worry if you didn’t spot them all! The author of the solution could: • explain the calculations in words and write in sentences • include a conclusion for each question part‚ stating the answer clearly in the context of the question • include the units in part (a) • round the answer to part (a) to three significant
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