thanks to all faculty members friends and for co-operation & help given in Completing this project. Mr. VISHAL V. UTEKAR OBJECTIVES 1) To study strategic management 2) To study impact of globalization 3) to study global challenges in strategy
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A Extended family ‚ a big family that may include grandparents‚ uncles‚ aunts‚ and cousins‚ they live together within the same household .However‚ it may also refer to a family unit in which several generations live together within a single household. In Australia‚this type of family is seldom‚most children leave their parents when they have the ability of living independent‚ largely past 18.they get together during some festivals or ceremony like Christmas or wedding ceremony’ But for Chinese
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The definition of Human Capital Management The development of all labor-related issues that impact a firm’s strategic and operational objectives‚ including: the employment of people; the development of resources; and the utilization‚ maintenance‚ and compensation of their services aligned with the job and organizational requirements. Today‚ the HCM discipline is more critical than perhaps ever before. Adequately managing every facet of talent and labor requires a detailed examination of all segments
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FREE TRADE VS PROTECTIONISM The issue of Free Trade and Protectionism is one of the most important debates in International economy. According to free trade‚ they believe in opening the global market‚ with as few restrictions on trade as possible. On the other hand proponents of protectionism believe in concentrating on the welfare of the domestic economy by limiting the open-market policy. Both sides have strong view points‚ but it is important to analyze the benefits and disadvantages of free
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Business during the 21st century has many dimensions. To what extent are national forces being superseded by global trends‚ especially in terms of multilateral institutions such as the European Union and various economic agreements in the Western Hemisphere and Asia? When a company considers investing internationally‚ what circumstances should influence how much priority is given to global concepts and/or national differences when evaluating the four alternatives for strategic choice? Globalization
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3. FTAs – advantages and disadvantages The principal point of Free Trade Agreements is to secure trade liberalisation. While the traditional debate about FTAs is the danger that they can divert rather than create trade‚ the record to date suggests there has been little diversion and that FTAs and regional agreements have been effective in encouraging wider trade liberalisation. A practical advantage of FTAs is that they are quicker and easier to negotiate than multilateral agreements because fewer
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associates based on information about the security originating within the firm that would‚ once publicly disclosed‚ affect the prices of such securities (Brudney‚ 1979). Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still nonpublic- trading while having special knowledge is unfair to other investors who don’t have access to such knowledge (Dolgopolov‚ 2008). It is legal once the sensible information has been
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Disadvantages of the advertising Advertising is the name given to the process of commercial promotion of goods and services in order to increase its sales. It can be done by means of a number of mediums like television‚ newspaper‚ wall paintings‚ billboards‚ magazines‚ internet‚ by the word-of-mouth and in many other ways. Advertising informs the buyers about the ability of a certain product or service in the market and encourages them to buy it. However‚ some people are very keen on exposing
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for local firms. 2. Employment: Trade restrictions in US in 1930s contributed significantly to the great depression and caused widespread unemployment. Unrestricted trade‚ on the other hand‚ improves the world’s GNP and enhances employment generally for all nations. 3. Standard of Living: Trade affords countries and their citizens higher standard of living than otherwise possible. Without trade‚ product shortages force people to pay more for less. Trade also makes it easier for industries
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Disadvantages of Monopoly: • Higher prices and lower output Monopolies often mean that prices will be higher and output lower than is the case for an industry where competition prevails. Firms in one industry are producing under conditions of perfect competition‚ while the other firm is operating under conditions of monopoly. The costs of production are the same for each industry. • Excess profits High profits made by the monopolist are not necessarily an indication of efficient methods
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