Review of Caterpillars’ Code of Ethics Caterpillar Incorporated (Caterpillar) is the world’s top in manufacturer of construction and mining equipment‚ diesel and natural gas engines and industrial gas turbines. In 2008‚ Caterpillar reported sales revenue of $51.3 billion dollars from domestic and worldwide operations (Caterpillar‚ 2008). As reported in Caterpillar’s 2008 Annual Report‚ Caterpillar is a worldwide company with 67% of their sales from outside of the United States (Caterpillar‚ 2008)
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Environmental Factors of International Business By Walter Johnson‚ eHow Contributor Environmental factors for international business comprise the external relations a firm will face in going global. These include‚ most importantly‚ the economic‚ political and legal environments‚ each of these always entangled with the others. Basic Issues The central issues for the decision to go global are concerned with minimizing risk. A company‚ when considering the environment that it will deal with when entering
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Introduction. The advent of South Africa’s first democratic government in 1994 signaled the beginning of significant policy changes in education including a notable emphasis on distance education in which University of South Africa is one of the key player. Distance education plays a significant role in South Africa‚ particularly in teacher and higher education. It affords access to a large and diverse students population especially the majority of the black disadvantages of the past obnoxious
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What were the key factors in the resolution of the Cuban Missile Crisis? The Cuban missile crisis of October 1962 is said to be the closest the world has ever come to nuclear war‚ even now in present times when arms are both more advanced and somewhat dispensable. It was “the single most dangerous crisis of the cold war era” and centred around Cuba in which the Soviet Union were found by the United States to have secretly installed ballistic missiles. For fourteen days the fate of the world lay
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INTERNATIONAL LAW RELATING TO FACTOR MOVEMENT Introduction In this work it will be analyzed an important issue about International Law: International Law relating to factor movement. In international economics‚ international factor movements are movements of labor‚ capital‚ and other factors of production between countries. International factor movements occur in three ways: immigration/emigration‚ capital transfers through international borrowing and lending‚ and foreign direct investment
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Opportunity is the Key to Success "And that opportunity played a critical role in their success" (30 Gladwell). Many times‚ people will argue that if you want something‚ you can achieve it simply through hard work; however‚ that is not always the case. In Malcolm Gladwell’s Outliers‚ he explains the significant amount of opportunities that successful people are given. Gladwell uses the example of Joe Flom to explain how timing is a huge factor in success. Early in his career‚ he was declined by
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THE IMPACT OF CULTURE ON INTERNATIONAL BUSINESS The Impact of Culture on International Business Doing business on the international plane presents many challenges because of a variety of factors which differ from one market to the other. These differences are basically informed by the environment of the host country‚ which is often times different from that at home. One of the environmental factors that present such a challenge is culture. Culture can be defined as complex construct that embodies
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*CASE ANALYSIS* A New Caterpillar Emerges Caterpillar was a low-cost manufacturer in the construction equipment industry until the beginning of 1980’s‚ but in 1982‚ competition from the Japanese biggest construction equipment manufacture i.e Komatsu‚ Kubota‚ and Hitachi‚ threatened its position. Caterpillar’s functional approach was outdated‚ and structural changes were needed to remain globally competitive. To this end Caterpillar quickly moved to change its organizational structure. The
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EMOTION AND STRESS MANAGEMENT – A KEY TO ORGANIZATIONAL SUCCESS Raisa De(raisa.d@itm.edu) Abhiti Tiwari (abhiti.t@itm.edu) Tanvi Srivastava (tanvi@itm.edu) 1 CONTENTS 1.Abstract 4 2.Introduction i. Literature Review 5-6 ii. Today’s world 6-7 3. Objective 7 4. Research Methodology 8-13 i. Reasons for stress in organizations ii. Previous research works iii. Stress at work place IBM Google TCS 5.Data Analysis 14- 16 IBM Google TCS 5
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Research Paper Creating synergy for cross-cultural teams in international R&D projects S. X. Zeng1*‚ C. M. Tam2‚ Thomas K. L. Tong2 and P. M. Sun1 2 Antai School of Management‚ Shanghai Jiaotong University‚ Shanghai 200052‚ China. College of Science and Engineering‚ City University of Hong Kong‚ Kowloon‚ Hong Kong. Accepted 3 February‚ 2010 1 Cross-cultural management is often regarded as one of the disciplines in international management focusing on cultural encounters between what are
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