Nike: The Sweatshop Debate Nike is a Global Force and leading force for globalization in the world. Nike outsources its manufacturing and employs over 600 thousand workers throughout the world in over 600 factories. Nike has 20 billion in revenues each year and its brand has become one of the most recognized symbols in the world today. Nike focuses on marketing and design and employs such star athletes as Michael Jordan‚ Tiger Woods‚ Carmelo Anthony and Kobe Bryant to market its products. Nike
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International Business Consultancy Project Ali Laura Maayke Sven Alfred Marco Bas Management summary EasySwitch This report is written in behalf of EasySwitch. EasySwitch is currently active in the Dutch energy comparing market. It is a company that compares energy prices with an online tool‚ which makes it easy for consumers to switch fast and effectively to the cheapest
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Understanding Hofstede’s 5 Cultural Dimensions Geert Hofstede devoted over a decade to researching cultural differences and developed an internationally recognized model of cultural dimensions. There are five main dimensions of culture that serve as a guide to understanding intercultural communications‚ business‚ and effective social exchange. The five dimensions are Power Distance‚ Individualism‚ Masculinity‚ Uncertainty Avoidance‚ and Long-Term Orientation and were developed to provide a method
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Effective communication with people of different cultures is especially challenging. Cultures provide people with ways of thinking--ways of seeing‚ hearing‚ and interpreting the world. Thus the same words can mean different things to people from different cultures‚ even when they talk the "same" language. When the languages are different‚ and translation has to be used to communicate‚ the potential for misunderstandings increases. Stella Ting-Toomey describes three ways in which culture interferes
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Climate Change Climate change has been a serious focus of the scientific community for many years. Although‚ more frequently in the last two decades countries are also taking a serious look at climate change. Together‚ developed and developing countries are forging new treaties and protocols to create a global paradigm shift in the way we handle climate change. After analyzing the different articles in the reading I noticed a reoccurring theme in most of the articles. With the recent shifts
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THE IMPACT OF INTERNATIONAL BUSINESS ON THE GLOBAL ECONOMY Niki Geiersbach Abstract With the dawn of globalization‚ international business is becoming increasingly popular. Multinational organizations are among the most profitable in the world. A company needs to be aware of the language and culture of the country where it plans to embark with its investment. Politics and laws of the nation can either make international business easy or hard. With the success of international business‚ its future
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The first question: how has the globalization of market benefited IKEA? The globalization of market refers to the merging of historically distinct and separate national markets into one huge global marketplace. Falling barriers to cross-border trade have more easier to sell internationally‚ so it is easier for IKEA to grow into a global cult brand with 230 stores in 33countries and have 5 suppliers of the frames in Europe‚ plus 3 in the United States and two in China. Because a fewer barriers to
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between people of different cultural backgrounds. This essay tries to present the main elements of cultural misunderstanding during cross cultural business and then find some effective ways to avoid or mitigate those problems. Different cultures make the world diversified. However‚ unfortunately‚ it also causes some negative effects on international business‚ which can lead to misunderstanding‚ confusion even anger. It usually appears in following aspects: 1). Misunderstandings based on power distance:
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Chapter 01 Globalization and International Linkages 1. To qualify as a multinational corporation‚ a firm must meet all of the following criteria except: A. Operations in more than one country B. International sales C. A nationality mix of managers and owners D. Sales of at least one million dollars per year 2. Antiglobalization activists: A. Contend that even within the developing world‚ it is protectionist policies‚ not trade and investment liberalization‚ that result in environmental
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Business report Introduction Due to different countries have different cultures. When the company wants to co-operate with international companies‚ one important point is‚ the company must understand the characteristics of the cultural differences. Cultural issues are key factors of company success and failure. Culture differences can have important effects on companies operating in another country. (Deresky‚ 2006) from this report will choice China‚ U.S. and Britain. Hofstede’s culture dimensions
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