nation-states keeping sovereignty over their territory. * Internationalization is the process of leading to identifying and entering international markets. * Merits * Export their product * Increase profit ratio * For business development * Possibility of accessing new technologies / information * Spreading business risk * Demerits * culture and language barriers * exchange rate fluctuations * religious beliefs * government regulations / policy
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Intercultural Communication skills in International Business Introduction Globalisation‚ the expansion of intercontinental trade‚ technological advances and the increase in the number of companies dealing on the international stage have brought about a dramatic change in the frequency‚ context and means by which people from different cultural backgrounds interact‚ especially cross-cultural communication in international business. Global communications bring countries and cultures closer to
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services from bank‚ hotel‚ doctor‚ and so on. A wider market is also reached through franchising some popular brand such as McDonald’s‚ KFC and Mio Amore. DIFFERENTIATION BETWEEN GOODS AND SERVICES There are certain essential differences between services and goods. Firstly‚ services are an intangible process which cannot be weighed or measured‚ whereas goods are a tangible output of a process that has physical dimensions. The basic differences between goods and services are as follows: 1. Goods are the
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The difference between Taiwan and China Taiwan‚ not much people know this country‚ most people think that Taiwan is the same as Hong Kong or Macau‚ a part of China‚ but actually Taiwan is the independent country in East Asia. The official name of Taiwan is “Republic of China” different from China is “People Republic of China”. About 65 years ago‚ there were a civil war inside mainland China between two biggest political parties. Both parties named “Chinese Nationalist Party (KMT)” and ”Communist
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Difference between Zakat and Tax First I would like to say that Zakat is related to religion and tax is related to government. In no way Zakat and tax can go together; they are different in many respects. While zakat has a religious sanctity‚ tax is not like that. Tax is collected from all citizens of a country. The government collects tax for the overall development of the country; On the other hand‚ Zakat is only imposed on Muslims. Zakat is fixed as per the Holy Quran and cannot be changed by
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Difference Between PRODUCTIVITY AND EFFICIENCY Productivity: Productivity is an ability of factors to produce some thing. Productivity means that some thing is produced‚ how much produced‚ in how much time. Quality and wastage is not so important factor. But the quantity is important that how much produced. E.g. All the lands are not fertile. The fertile land gives more out put‚ but infertile land gives less output. So the productivity of fertile land is more than that
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Is there a difference between a leader and a manager? In order for an organization to operate successfully‚ there are certain rules to be followed. The most important one is that everybody who is engaged in an organization has a certain role for its development. In this connection it’s questionable whether the terms management and leadership have the same meaning just because they are often used interchangeably. There is no doubt that these terms describe completely different concepts‚ although
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Difference between rural and urban rural areas are settled places outside towns and cities. they can have an agricultural character‚though many rural areas are based on natural gas‚ petroleum‚ etc... rural areas are less modern and open than urban areas. people there are probably more attached to there traditions and beliefs.we dont usually see the society moving‚ and i mean by that‚ seeing the populationg chaging habits‚ accepting other cultures and adopting some‚ etc. however we do found in
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There is no difference between greed and ambition” Over the course of history and especially in recent times the difference between greed and ambition has been noticeably and significantly blurred. It can even be stated that people fail to notice a difference at all. People tend to put them in the same category often forgetting the original and true meaning of the words. Greed is often described as a selfish desire for wealth or power or any other possession‚ particularly when this desire
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Nelson’s 2000 movie production of “O” shows differences as well as similarities to the original. The themes of jealousy‚ racial bias‚ and deceit function as structure for both. In both versions‚ the Michael Cassio character is goaded into a drunken state‚ and a brawl ensues which damages his reputation. The scarf came from Othello’s mother‚ and serves to bait the jealousy of O. The scarf is taken from Desi who is unaware of the fact until Othello/Oden wants her to show the scarf to him. In both
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