of the crucial challenges facing many developing and transitional economies is balancing the benefits of globalisation with the risks and costs. According to Sheila L (2004) : ’Globalization can be described as a process by which the people of the world are unified into a single society. This process is a combination of economic‚ technological‚ sociocultural and political forces ’Globalisation is a complex phenomenon‚ with economic‚ political and cultural dimensions. At the centre are economic pressures
Premium Globalization Economic inequality Unemployment
Globalisation: the shrinking world by Phillip Ho Globalisation was a word lacked from most vocabulary until 1980s when the global culture started to form. Technology advanced and the world transformed‚ from stretches of lands separated by water to the global community. Passer-byers on a street in a major city may see globalisation everyday‚ anything from billboards advertising coca-cola to an import car‚ has “Globalisation!” written all over it. Globalisation can help us explain how the world is
Premium Globalization Culture Sociology
Academic Year 2012‐2013 CEMS BLOCK SEMINAR: Take‐home examination Corporate Entrepreneurship Pauline GELDOF – CEMS Master 2 Introduction In today’s global economy‚ Corporate Entrepreneurship defined by Damanpour (1991) as the generation‚ development‚ and implementation of new ideas and behaviors by a company has become the only real source of competitive advantage for established organizations. Indeed‚ operating within an increasingly
Premium Entrepreneurship Joseph Schumpeter Innovation
What is Corporate Communication? * A department with many functions * A set of communication products * A process to communicate key messages Corporate communications are a powerful management tool if approached with strategic integrity‚ alignment and focus. An organisation performing with coherence and its energy focused on a specified goal is far more effective than one that allows confused and inconsistent messages to disseminate from management. Communications is the only vehicle
Premium Communication Public relations Message
Trying to Change the Corporate Culture of a Multinational Enterprise: General Semiconductor 1. In your opinion‚ what actions taken by Ostertag stood the most chance of changing General Semiconductor’s culture? His decision to “replace nearly every member of the company’s senior management team” could have been more effective and beneficial had he only replaced those on the management team who were not upholding and enforcing the values and cultures of the company. The “team-building meeting
Premium Globalization Cross-cultural communication Geert Hofstede
CORPORATE GOVERNANCE Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors‚ managers‚ shareholders‚ creditors‚ auditors‚ regulators‚ and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations
Premium Corporate governance Board of directors Governance
REPORT RE: RECENT ACCOUNTING AND CORPORATE GOVERNANCE SCANDALS Contents INTRODUCTION: 3 CORPORATE GOVERNANCE 5 CORPORATE GOVERNANCE IN IRELAND 5 RESPONSE FROM REGULATORS TO THE MOST RECENT SCANDALS IN BANKING SECTOR 7 US CORPORATE GOVERNANCE at a time of Tyco scandal 8 RESPONSE FROM THE REGULATORS -SARBANES-OXLEY ACT 2002 9 AUDIT 10 EXTERNAL AUDIT 10 INTERNAL AUDIT 11 INTRODUCTION TO ANGLO IRISH BANK 12 The Scandals 12 Loans to Sean Fitzpatrick 13 Irish Life and Permanent
Premium Corporate governance Audit
English 110 Corporate America People in today’s society probably think that the government runs our country. The sad thing about this is that they are completely wrong. What if the one and only great United States of America was in fact‚ ran by its massive corporations. As a whole‚ America has fallen from their past virtues and qualities on how to properly run a government. Nowadays giant corporations can often persuade the government into their favor. Within the picture‚ some of the top companies
Premium United States Corporation Decision making
Corporate governance Two definitions: ASX CGC: rules‚ relationship‚ systems and processes help a company to monitor and assess risk‚ optimize performance‚ create value and provide accountability. A narrow definition which consistent with agency theory focuses on relationship between company and shareholders. OECD: a system a company can be directed and controlled‚ specify rights‚ responsibilities and rules; set and achieve objectives and monitor performance. A board definition consider relationship
Premium Corporate governance Governance Principal-agent problem
The current issue and full text archive of this journal is available at www.emeraldinsight.com/0309-0566.htm The effect of corporate branding dimensions on consumers’ product evaluation A cross-cultural analysis Nizar Souiden ´ Faculty of Business Administration‚ Laval University‚ Quebec‚ Canada Corporate branding dimensions 825 Received October 2004 Revised September 2005 Accepted January 2006 Norizan M. Kassim Department of Management and Marketing‚ College of Business and Economics
Premium Brand Brand management Branding