CHAPTER 5 Ethics and Social Responsibility in International Business Chapter Objectives After studying this chapter‚ students should be able to: 1. Describe the nature of ethics. 2. Discuss ethics in cross-cultural and international contexts. 3. Identify the key elements in managing ethical behavior across borders. 4. Discuss social responsibility in cross-cultural and international contexts. 5. Identify and summarize the basic areas of social responsibility. 6. Discuss how organizations
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Introduction International trade theory provides explanations of the benefit for country to engage in international trade‚ even for products it can produce for itself. As time goes by‚ there are mainly 7 types of theory‚ namely‚ mercantilism‚ absolute advantage‚ comparative advantage‚ Heckscher-ohlin theory‚ product life-cycle theory‚ new trade theory‚ Porter’s diamond national competitive advantage theory. Although some of the theories hold different view of patterns of international trade and vary
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SINGAPORE MITA No. 013/06/2008 Company Report 12 March 2009 Olam International Ltd Gravity-defying growth Resilient to recession. Olam International Ltd (Olam) has been delivering consistent revenue and earnings growth since its listing in 2005‚ and growth momentum is expected to sustain despite the global recession. Management has guided for 16% to 20% topline CAGR and 25% to 30% earnings CAGR over the next three years. These goals are achievable‚ given that demand for food is relatively
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INTERGRATING CRISES MANAGEMENT IN STRATEGIC PLANNING PROCESS IN INTERNATIONAL TRAVEL INDUSTRY INTRODUCTION In the last six to seven years the international travel industry has seen a lot of incidents‚ which have affected the business a lot. “The travel industry‚ although not unique in its vulnerability‚ is nevertheless highly exposed to risks and prone to crises as the result of external events. External shocks‚ such as wars‚ hurricanes‚ terrorist attacks‚ pollution‚ adverse publicity and accidents
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In Chapter 7 of Through the Eyes of a Child by Donna E. Norton‚ Norton defines and explains the concepts of Modern Fantasy. Modern Fantasy is a genre of literature that is consisted of story elements that are impossible to happen in real life and/or imaginary. The place‚ setting‚ characters‚ or the event of the story of modern fantasy are impossible to be real or happen in real life. The genre of modern fantasy is very similar to the genre of traditional literature and the only difference is that
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International Business Assignment Article Review on The Multi-Dimensional Impact Of International Tourism Hany H. Makhlouf‚ University of the District of Columbia‚ USA ABSTRACT Most countries – be they developed or developing‚ rich or poor‚ and large or small – compete for a larger share of the international tourism dollars. They capitalize on their cultural heritage‚ historic landmarks‚ rich wildlife‚ ancient monuments‚ scenic beauty‚ and other distinctive attractions and invest in world
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pooled. The question numbering below has been standardized to assist you in discussions of the results with your instructor. 4. award: 10 out of 10 points The ideal political climate for a multinational firm is: | a country where international laws do not apply. | | a country where favors can be purchased cheaply. | | a stable‚ friendly government. | | a government where absolute power is a reality. | | an authoritarian government that can be dealt with through non-legal
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International trade is the trade carried out by residents of a country with a population of other countries on the basis of mutual agreement. The society consists of individuals with a bias toward individuals‚ individuals with Government or one Government with intergovernmental as well other Government that is out of the country. Keep in the know in some countries that use a lot of international trade to increase GDP. Every country has its own policies to protect their domestic economies from the
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[pic] Faculty of Business & Law International Banking Module Code：UGB 322 |Module Leader: Tim Zhou |Student Name: Sun Yufei | |Workshop Tutor: Charlton‚ Helen |Student Number: 119026298 | |Data: 3rd May 2012 | | 1. Introduction
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List of International Exhibitions Period: September 2013- December 2013 Region: Delhi NCR |No |Name |Date |Venue |Website |Remarks | |1 |Electronica India |September 4-6‚ |Pragati Maidan‚ |http://www.electronica-indi|It is India’s and South-Asia’s leading fair for | | |2013 & Productronica|2013 |New Delhi |a.com |electronic components
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