smaller physically. Air travel remains a large and growing industry. It facilitates economic growth‚ world trade‚ international investment and tourism and is therefore central to the globalization taking place in many other industries. In the past decade‚ air travel has grown by 7% per year. Travel for both business and leisure purposes grew strongly worldwide. Scheduled airlines carried 1.5 billion passengers last year. In the leisure market‚ the availability of large aircraft such as the Boeing
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ISCA PROFESSIONAL EXAMINATION PILOT PAPER (NOVEMBER 2013) CORPORATE AND BUSINESS STRATEGY (CBS) SUGGESTED SOLUTIONS ISCA PROFESSIONAL EXAMINATION 2013 Term 2 Corporate and Business Strategy – Pilot Paper for Nov 2013 ISCA PROFESSIONAL EXAMINATION CORPORATE AND BUSINESS STRATEGY (CBS) 15 NOV 2013 SUGGESTED SOLUTIONS I. True or False questions (Q1 to Q10) (Total: 10 marks) 1. (F) High volume/low cost different from upward differentiation. 2. (F) Also depends on settling operations
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COLLABORATIVE LEADERSHIP Collaborative Leadership has an approach that empowers employees; develop creative and innovative thoughts and actions to strategically contribute and cooperate for the success of a group. Collaborative leaders have a proactive and interactive behavior‚ have a passion for a cause‚ take risks‚ deal with high level of frustration and facilitate a diversity group to accomplish a shared outcome. According to David Archer and Alex Cameron‚ a collaborative leader must learn how
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Tong‚ Elijah Rio BSACT4 November 26‚ 2013 Globalization‚ Corporate Social Responsibility and Poverty Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale. The corporate social responsibility‚ on the other hand‚ is the company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. It encompasses not only what companies do with their
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Impact of Technology on Businesses Every functioning business in the world today uses some sort of technology in order to help them accomplish their goals. Before the age of technology‚ it was much harder for businesses to thrive because it was harder for them to advertise to their customers‚ communicate with their business partners‚ store information‚ and much more. Today businesses have all those things‚ and it has never been easier to start up a business‚ maintain it‚ and have your business prosper
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The collaborative negotiation A collaborative negotiation is where parties desire‚ and work towards achieving‚ a mutually beneficial outcome. In some cases this can mean reaching a “win/win” result. In a collaborative negotiation there is a greater focus on the genuine interests of the parties‚ rather than posturing or point scoring. In a collaborative negotiation‚ the parties will better understand each other’s interests. For example‚ A computer distributor approaches a Chinese supplier to tender
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philanthropists alike. For today’s nonprofits it gives them an opportunity to organize themselves differently so as to be able to grow even during the times of economic crisis. It makes sense for nonprofits to collaborate with each other‚ and with business as well as government organizations. While most collaborations and coalitions experience success‚ failure is also possible. Obstacles may cause a collaboration to terminate at any stage of the collaboration continuum. The rate of at which the
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Corporate Globalization and Ethical Dilemmas ETH/316 6/24/13 Corporate Globalization and Ethical Dilemmas As companies expand into new markets and globalization becomes more and more a part of world economics‚ cultural dilemmas are sure to surface. Different cultures have developed different sets of values‚ laws‚ regulations‚ attitudes‚ and ethics. Communication styles‚ ways of conducting business‚ and etiquette can vary drastically from culture to culture. Something as simple as a common
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Definition: A virtual workplace is a workplace that is not located in any one physical space. Rather‚ several workplaces are technologically connected (via the Internet) without regard to geographic boundaries. A virtual workplace decreases unnecessary costs by integrating technology processes‚ people processes‚ and online processes. History: With information technology playing a greater role in the daily operations of organizations today‚ virtual workplaces are beginning to replace the traditional
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system used to facilitate efficient sharing of documents and knowledge between teams and individuals in an enterprise. ECS tools include the Internet‚ groupware‚ various forms of software and hardware and internal and external networks. ECS functions optimally in a collaborative working environment (CWE). Cross-functional IS that enhance communication‚ coordination and collaboration among the members of business teams and workgroups. Enterprise collaboration enables employees in an organization
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