1) What is Cloud computing? Cloud computing: is a model of computing where firms and individuals obtain computing power and software applications over the Internet (the cloud)‚ rather than purchasing their own hardware and software. Data are stored on powerful servers in massive data centers‚ and can be accessed by anyone with an Internet connection and standard Web browser. Cloud computing consists of three types of services: * Cloud infrastructure as a service: customers use processing
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Considerations for Compensation and Benefits Abstract Compensation is one of the most important considerations perspective employees will make prior to accepting a job offer. For this reason‚ another performance of Human Resource (HR) professionals is the compensation analysis. The focus of the analyst in this position is to use strategy in formulating compensation and benefits packages that are attractive and conducive to maintaining talented employees (Editorial Board‚ 2011). As another critical
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1. Makadok (2001) emphasizes the distinction between capabilities and resources by defining capabilities as “a special type of resource‚ specifically an organizationally embedded non-transferable firm-specific resource whose purpose is to improve the productivity of the other resources possessed by the firm” [4](p389). “[R]esources are stocks of available factors that are owned or controlled by the organization‚ and capabilities are an organization’s capacity to deploy resources”:[3] p. 35. Essentially
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1.0 Introduction 1.1 Consideration Consideration is also known as element of exchange. To be a contract‚ the transaction must be supported by consideration. According to general rule‚ s. 26 of CA state that an agreement made without consideration is void. We can define consideration as the price paid for benefit received or is an exchange of promises. It means that something with monetary value‚ voluntarily exchanged for an act‚ benefit‚ forbearance‚ interest‚ promise‚ right‚ or goods or services
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Cultural Considerations War is hard on anyone involved; however‚ it is especially hard on the children who are forced to live with it or in close proximity to it. Children typically lack the worldview to process the level of violence that occurs during war. The Nigerian children who were rescued from the refugee camp lived in extremely poor conditions and before arriving there were subjected to serious events that may change them forever. They are likely suffering from some severe psychological
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multinational corporation Company or enterprise operating in several countries‚ usually defined as one that has 25% or more of its output capacity located outside its country of origin. The world’s four largest multinationals in 2000‚ were Exxon Mobil‚ Wal-Mart Stores‚ General Motors‚ and Ford Motor their joint revenues were more than the combined gross national product of all African countries. 22 multinationals made more than $6 billion profit in 2000‚ and Exxon Mobil made $17.7 billion profit
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Globalization on Multinational Corporations Written by andrew button Globalisation facilitates electronic business. Multinational corporations are agents of globalisation. At the same time‚ many multinational corporations are also affected by globalisation in ways they may or may not like. This reality stems from the fact that multinational corporations have many subsidiaries‚ some of which benefit from globalisation and others that do not. The effects of globalisation on a multinational corporation
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Global Innovation in MNCs: The Effects of Subsidiary Self-Determination and Teamworkà Ram Mudambi‚ Susan M. Mudambi‚ and Pietro Navarra The ability of multinational corporations (MNCs) to leverage their innovation competencies across globally dispersed subsidiaries is an increasingly valuable source of competitive advantage. As multinational enterprises turn to foreign subsidiaries for research and development (R&D) and product development‚ questions arise regarding the most effective organizational
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assalamualaikum‚ One of the common challenges faced by Malaysian multinational company is cultural diversity. Culture is the learned‚ shared way of doing things in a particular society. It is the way‚ for example in which its member eat‚ dress‚ greet and treat one another‚ teach their children‚ solve everyday problems‚ and so on ( Schermerhorn‚ Hunt‚ Osborn 2003). Cultural diversity in workplace refers to the range of differences between individuals in an organization. It affects the way in
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promises to pay Ryan $1000 for his efforts Issue: Is there any consideration for the promise made by Richard? The Law: Every contract requires an offer‚ acceptance‚ and consideration. Consideration is the exchange of benefit and detriment‚ for example‚ the making of a promise in exchange for an act. If a party voluntarily acts and then the other party makes a promise‚ the act is said to be “past consideration.” A past consideration is some act or forbearance in time past by which a man has benefited
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