Business and Administration (Level 2) - Unit 1 Q1. Which of the following must be included in a contract of employment? A. Home address B. Place of work C. Training days The correct answer is: B. Place of work Answer selected: B. Place of work Q2. Is the following statement true or false? “Non union representatives tend to have a collective bargaining role.” A. True B. False The correct answer is: B. False Answer selected: B. False Q3. Which one of the following
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Educator Insights: Ben & Jerry’s—Japan: Strategic Decision by an Emergent Global Marketer ABSTRACT Marketing students thrive on identifying an ideal foreign market for a product and devising a plan to launch and promote the product. As elegant as the plans may be‚ though‚ resources are constrained‚ and firms that are just emerging in the global marketplace may have a correspondingly constrained range of options available. The decision of Ben &’ ferry’s whether to enter the Japanese market—and
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The problem faced by Harvard executives at Harvard Real Estate Services was how to achieve the business objective of increasing the volume of graduate students who rent Harvard houses over private homes by 40%. The Harvard Real Estate Services (HRES) team wanted to know how their development of new student housing property that is at the designing stage‚ better appeal to Harvard students‚ and help attain the goal of obtaining their residency. For this purpose a marketing research was conducted with
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What did you find impressive about the way Karcher handled the process? (i.e. the things that would work for your company) It is clear from the case study that one of the benefits of Karcher’s approach was that it sparked his imagination and motivated him to look for ideas and invent new features for the Presenter. His method gave him a new sense of inclusion in the product development. Listening to the customer gave him an awareness that the engineer’s personal tastes is not necessarily what
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Study Guide: Lesson 1 Prelude to Philosophy: What is Philosophy? List 4 reasons students often presuppose a low view of philosophy. 1. The image that one has to be super intelligent to do philosophy. 2. As a discipline‚ most students study it late in their academic development. 3. Most people don’t think it’s practical. 4. Most students don’t know what philosophy is or how it can benefit them. Know Socrates’ quote: What is the unexamined life? What did he mean when he said it wasn’t worth living
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GLOBAL BUSINESS MANAGEMENT Chapters review Chapter 5 Free trade: government not try to influence through quotas or duties what can be bought from/sold to other country Benefits: -Smith‚ Ricardo and heckscher Ohlin predict that the consequences of fee trade include both static economics gain (because free trade supports a higher level of domestic consumption and more efficient utilization of resources) and dynamic economic gains (because free trade stimulates economic growth and the creation of
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gradually recovered on the field‚ winning the 7th European Cup in 1998 and in 2000 Perez achieved the club presidency and announced his further plans in order to sanitize the club’s finances. The constant focus of Real is not on the traditional business model which emphasizes on gate receipts and local corporate sponsorships. The main goals of the club include giving Real Madrid the financial flexibility to acquire Talent and expand its brand reach. This could establish the brand globally and maintain
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Problem Identification On February 1‚ 1973‚ Braniff International Airways announced that it was introducing a 60-day‚ half-price sale for flights between Dallas and Hobby‚ which is Southwest Airlines’ only profitable route. Southwest needs to determine how to respond to this threatening strategic pricing move by Braniff in order to continuously stay ahead of their losses‚ and possibly reduce or eliminate it further for that operating year. Situational Analysis 3Cs: Competition Before Southwest
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What features of LECO account for its long-term success in the US? There are several factors that have contributed to the long-term success of Lincoln Electric in the US. Most notably‚ the productivity of the labor force and the efficiency of operations have generated a competitive advantage over the market. Existing and potential competitors are not able to produce at the same low costs and subsequently are not able to offer competitive prices to the market‚ thus increasing LECO ’s market share
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Developing Inclusive Business Models A Review of Coca-Cola’s Manual Distribution Centers in Ethiopia and Tanzania Jane Nelson‚ Eriko Ishikawa and Alexis Geaneotes Executive Summary Written by Jane Nelson‚ Eriko Ishikawa and Alexis Geaneotes © 2009 Harvard Kennedy School and International Finance Corporation This report is a summary version of a longer research study undertaken by the IFC and the CSR Initiative at the Harvard Kennedy School. The full report will be available on the CSRI website
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