We all know mobile phones and their extensive usage.Initially when the cell phones were launched in the market it was available to all but affordable only for a set of people who could avail it. Phone is the symbol of emergency however‚ today’s cell phone technology has become a status symbol. When compared with the scenario has now changed. It is found everywhere and in everybody’s hand right from a school kid to an old man begging on the street. Phones in previous days were considered to be used
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What do you think of the use and abuse of private tuition? Private tuition as against what is being done in regular school is resorted to‚ in certain cases where the pupil is not able to follow his lessons well and wants to improve his performance. In some cases the parents want to make their child sit at his studies and in others it is a matter of prestige. Whatever the reasons may be for private tuition‚ it can certainly complement and supplement the class work provided the teacher and his
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do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Name Institutional Affiliation Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Multinationals are corporations which operate in at least two countries but whose management is established in one specific country. They have their operations in at least one other country different from
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Social Media: A boon or a bane Malcolm X‚ the famous civil rights activist‚ once notably said‚ “The media is the most powerful entity on Earth.” To a large extent‚ his words hold true even today‚ as mass media virtually puts all the world’s information at the general populations’ fingertips. However‚ even in an age where life revolves around technology‚ some people hold the view that media (especially Social Media) is harmful to society. Accordingly‚ these people believe that traditional
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The Strategic Role of HRM in Multinational Corporations – A Holistic Perspective. Sanjay Bhavnani Director & Chief Operating Officer MMS Maritime Agency(I) Pvt Ltd Mumbai. A Subsidiary Company of Meiji Shipping Group‚ Japan To say that Human Resource Management is assuming a key importance in all organizations would be an understatement. It would be far more realistic to recognize the fact that the field of HRM is being perceived as more strategic in nature at all levels of an Organization which
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COMPENSATION MANAGEMENT Compensation is a key factor in attracting and keeping the best employees and ensuring that organization has the competitive edge in an increasingly competitive world. The Compensation Management component enables one to differentiate between one’s remuneration strategies and those of his competitors while still allowing flexibility‚ control and cost effectiveness. It provides a toolset for strategic remuneration planning that reflects organization culture and pay strategies
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Basic Strategies & Multinational and Participation Strategies K. Praveen Parboteeah Basic Strategies Review of strategic decision making and strategic management Understanding of basic strategies And how to craft strategies Industry analysis SWOT analysis Situation with diversified companies Objectives The global-local dilemma Some of the broad multinational strategies Multidomestic Transnational International Regional Participation strategies – how should one enter a market
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and India Introduction Developing country means the countries compared with the developed countries have lower degree of development of the economic and social aspects. Developing countries have a vast territory‚ large population‚ vast market and rich natural resources. There are many strategic places‚ in terms of economic‚ trade‚ or from the military‚ occupied an important strategic position. China is the largest developing country. Developed country Refers to a higher level of economic development
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International strategy- “Here it is” Create value by transferring valuable core competencies to foreign markets that indigenous competitors lack Centralize product development functions at home Establish manufacturing and marketing functions in local country but head office exercises tight control over it Limit customization of product offering and market strategy B Localization strategy-”Act local” Main aim is maximum local responsiveness Customize product offering‚ market
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independently in some countries. In order for OBI to apply these strengths to other countries OBI operations‚ OBI encouraged each country managers to help develop the core transnational processes. While the standards would eventually become companywide‚ they could be formulated at any level of the organization. As OBI recognized that each domestic operation could develop its own unique solutions to problems facing its country’s operations‚ OBI sought to determine which country addressed which problem
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