support the idea of sweatshops is that they provide some form of standard in living in an otherwise developing/poor company. Because these factories are mostly in poverty rich countries where it is hard to find any form of income‚ these job at least provide some source of income that would otherwise not be available. These arguments could be supported that the jobs help boost the developing countries. Sweatshops do not follow the standards and ethics of the parent company who they work for‚ rather
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thus is present in every country‚ to widely varying degrees.[3] Goods and services[edit] Many countries must purchase goods and services to satisfy their visitors. This includes the cost of raw materials used to make tourism-related goods‚ such as souvenirs. For starting tourism industries‚ this is a significant problem‚ as some countries must import as much as 50% of tourism-related products. Infrastructure[edit] Some less economically developed countries do not have the domestic
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Following are the salient features of India as a developing economy: • Rise in Net National Product • Rise in Per Capita Income • Structural Changes Structural Changes of India: Apart from the growth in quantitative terms‚ there have been significant changes in India’s economic structure since 1947. The structural changes indicate that the process of development which began in the early 1950s is still continuing. However the speed of change is slow and in certain areas one cannot say confidently
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The Malaysian Government supports the concept by promoting the idea of how CSR helps and contributes to the growth of the country. Prime Minister’s CSR Award and ACCA Malaysia Sustainability Reporting Awards are just a few examples of awards given for good CSR practices. According to CSR WeltWeit‚ the CSR activities in Malaysia focus on education‚ health and environment. Most of Malaysian companies as well as foreign companies offer scholarships and low-interest-rate loans for students to pursue
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Salary is not the most important factor in motivating employees The psychology of motivation is enormously complicated and there is a small part of it has been illustrated with any degree of guarantee. A number of people are desired for an effective formula for moving employees. Some adopt to the way of increasing salary‚ not all of which is conductive (Herzberg‚1987). There are a great many factors in motivating employees. Salary plays a significant role while other factors such job participation
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Access the significance of three factors which might limit economic development in developing countries. (20) 1. They depend heavily on primary products 2. Protectionism by trading blocs within the developed countries 3. Poor education and training Developing countries tend to rely very heavily on primary goods‚ especially farming. The problem with a rural‚ agricultural economy is that there is low labour productivity and this leads to low income levels. Many LEDCs also suffer from uneven bargaining
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Kenya: A Developing Country With the discovery of certain human fossils‚ some being over 3 million years old‚ many paleontologists believe that Kenya was the “cradle of humanity.” Currently‚ Kenya’s population is comprised of over 97 percent of people of African descent with nearly 40 ethnic groups. Lying on the equator between Ethiopia‚ Sudan‚ and Uganda‚ Kenya is located on the eastern coast of Africa. Kenya is one of the most famous safari destinations in Africa‚ attracting people from all
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economic development varies‚ to some certain extent‚ by country and region. Each country has achieved its own current level of economic development and its own assets and resources‚ strengths and liabilities. With these things in mind‚ each country and region must decide how to allocate resources and take the next steps in economic development. It is only then‚ that a country can move forward with its development. There are‚ however‚ certain crucial factors necessary to basic economic development and
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Developing Country: China The People’s Republic of China is located in East Asia. China is the most populous country in the world and its population is 1.35 billion. The communist party runs China and its capital city is Beijing. Its population/ settlement growth has had a 0.5% change from 2012. It is experiencing high levels of settlement growth ever since it opened it self to the rest of the world and made the ‘one child’ policy not as strict as before. In terms of land area‚ China is 9.6 million
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Pamela Kaper MT302-03 Organizational Behavior Experiential Exercise What Factors are Most Important to Your Job Satisfaction January 13‚ 2012 After thorough review of the 21 job factors or attributes important to job satisfaction‚ I found job security to be at the top of my list. In the troubled economic times our nation is facing today‚ job security is extremely hard to come by for many
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