2 National Differences in Political Economy Global Political Economy Global political economy (GPE) is an academic discipline within the social sciences that analyzes international relations in combination with political economy. Political economy is most commonly used to refer to interdisciplinary studies that draw on economics‚ law‚ and political science in order to explain how political institutions‚ the political environment‚ and the economics mix with each other. 1 Roles of History
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THE NEW GLOBAL ECONOMY: THE CASE STUDY OF NATION MEDIA GROUP (NMG) INTRODUCTION This research paper is in response to your request for a case study of management in the new global economy‚ where global means beyond country borders. Taking the case of Nation Media Group (NMG) which is the largest media house in East and Central Africa‚ this paper outlines the steps that management of NMG has taken to expand its territorial operations and even stay strong in the rapidly changing global market
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the current role of the BRIC economies in the global economy? Introduction The importance of the BRIC countries to the global economy has increased because of the high economic growth rates in China‚ Brazil‚ India‚ and Russia. A forecast has been made shows that the BRICs would account for 37% of economic global growth during the period 2011-16 which would increase the BRIC share of global output from 19% to 23% (Goldman‚ S. (2004). However‚ the proportion of global output produced by the traditional
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and roles Cultural integration The values and norms of a society are influenced by its political and economic philosophy‚ social structure‚ religion‚ language and education. These factors play an important role in building the organisations culture. CULTURE AND ITS IMPLICATION IN THE WORKPLACE Any international business must be flexible to adapt to the changing global market. It needs to compensate for changes in culture‚ politics‚ economics and technology. Different cultural responses to
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Discussion 1. Looking back at Hofstede’s dimensions of cultural differences (chapter 2‚ pg 39-41)‚ describe a significant difference between cultures that you have witnessed. Use the Geert Hofstede website links below to compare the two cultures in your example and describe the relative merits of the different approaches in an organizational situation. Main Hofstede Web site: http://www.geert-hofstede.com/ (page down for descriptions of the cultural dimensions) Compare two cultures: http://www.geert-hofstede
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Global Business Cultural Analysis: KENYA GLOBAL BUSINESS CULTURAL ANALYSIS: KENYA Tonja Arnold Brooks Spring 2013 BUSI 604 Professor: Romanoski March 13‚ 2013 Kenya lies to the east of the African continent and has a coast on the Indian Ocean. The country straddles two of the most famous lakes in Africa - Lake Turkana and Lake Victoria. At its heart is Mount Kenya from which the country takes its name. The Kenyan population is heterogeneous‚ comprising seven
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affected by the cultural distance between two partners. In what ways are joint ventures and types of international collaboration affected by cultural differences? INDEX INTRODUCTION 2 What is culture? 2-3 The Cultural Orientation Model .4 The cultural Gap 5-6 Understanding Cultural Differences .6 The Challenge of Cultural Success ..7 Cross-cultural training as
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Effect of Cultural Differences on Software Development A culture could be defined as the predominating attitudes and behaviour that characterizes the functioning of a group or organization. Through this paper we would like to address the effect of culture in the field of software development and one of the most commonly used model for development of a software Rapid Action Development (RAD). No matter what culture you are a part of; to develop software‚ a development model has to be followed.
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Global Business Cultural Analysis: France BUSI 604: International Business Liberty University March 5‚ 2012 Abstract This paper will focus on the many elements and dimensions of France and the affect it has on the business that takes place locally and internationally. There will be constant comparisons and contrasts between France and the United States of America taking place throughout this entire research article. I will focus on how the elements and dimensions of the culture separately
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PART TWO COUNTRY DIFFERENCES One of the interesting aspects of Hindu culture is the reverence for the cow‚ which Hindus see as a gift of the gods to the human race. The sacred status of the cow created some unique problems for McDonald’s when it entered India in the 1990s‚ since devout Hindus do not eat beef (and many are also vegetarians). The accompanying Management Focus looks at how McDonald’s dealt with that challenge. Economic Implications of Hinduism Max Weber‚ who is famous for expounding
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