Going by the history of Singapore‚ it is one of the most recently formed nations highly influenced by its neighbors and British colonial holdings. The PAP party‚ as described in the case‚ has been pivotal in shaping Singapore Inc. To better understand the key elements of the Singapore “competitiveness” model‚ identification of major players in the game has been conducted in Exhibit 1. Keeping in mind the history of Singapore and the main players involved‚ the following are the key elements of the
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Singapore started out as a British colony in 1819‚ primarily as a “British commercial base”‚ at the advent of the European discovery of an Oriental maritime trade route. Singapore started out as a British colony in 1819‚ primarily as a “British commercial base”‚ at the advent of the European discovery of an Oriental maritime trade route. With the formation of the East India Companies‚ the doors of the East were opened for European superpowers such as the British and the Dutch‚ and Singapore was put
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Singapore officially known as the Republic of Singapore. Its English name Singapore is derived from the Malay word‚ Singapura‚ where Singa means Lion and Pura means town‚ referring the country as the Lion City. However the recent studies of Singapore indicate that lions have never lived there‚ the beast seen by the founder in the 13th century was most likely a Malayan Tiger. Singapore is a southeast Asian island. Singapore consists of 63 islands‚ including the main island‚ widely known as Singapore
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Singapore could be an alternative for your vacation due to many fun tourist attractions in this country. Singapore has been recorded among foreign tourists as an attractive tourist destination. Singapore has a well-developed tourism industry‚ as a cosmopolitan city that highlight racial and cultural harmony. Cultural differences reflect a rich colonial history and the ethnic Malays‚ Chinese‚ Arab and India. For years considered a business center in Southeast Asia‚ Singapore has a thriving shopping
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Business Ethics Challenges in a Global Economy Nowadays‚ economy has entered a globalization era‚ it means that the economic globalization is increasing in competition between many countries‚ in particular‚ it will facing more serious business moral challenges. In practice‚ the competitive of the process of economic globalization is the competitive of business moral quality‚ thus it can be seen that business ethics are closely related with the global economy. 1. The importance of business ethics
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Communication Challenges in Building Successful Global Virtual Teams Due to Diversity and Cultural Differences Abstract This paper introduces an approach to effectively communicate within a global virtual team by discussing the challenges faced by them‚ understanding cultural differences in communicating‚ diversity within a team‚ building trust in virtual communication‚ and communicating across different regions and time zones. This approach appears in many discussions surrounding the difficulties
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CHALLENGES OF GLOBAL SUPPLY CHAIN MANAGEMENT Introduction Rapid growth of globalisation has enabled the developed countries to gather the motivation for making investment in developing countries. The developed countries nowadays are investing in different sectors of developing countries. Acknowledging the increasing rate of investment of the developed‚ the entrepreneurs of the developing countries are setting up the necessary infrastructure and facilities to produce low-cost goods for retail
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Assignment 2: Moments of truth: Global Executives talk about the challenges that shaped them as leaders Looking at the many issues that top level managers had to endure in ensuring that their perspective organization is successful is a very important factor in determining how effective they would be as leaders and decision makers. Below are issues that helped to shape them as leaders and helped them to overcome challenges faced within their various organizations. Humility: The issue of
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Asiatravel.com 1 Table of Contents Section Greetings from Team Cerebration About NUS Business School Cerebration 2009: Our Case Sponsors Cerebration 2009: Strategic Partner SPRING Singapore Cerebration 2009: Competition Structure and Format Cerebration 2009: Targeted Timelines Instructions: Round 1 (Executive Summary) Instructions: Round 2 (Making the Business Plan) Case study: Asiatravel.com Page # 2 3 4 5 6 7 8 9 10 Asiatravel.com 2 Greetings from Team Cerebration Thank you for
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Introduction The global insurance industry seems to have escaped the worst of the financial crisis in comparison to other financial institutions. Day to day business has been relatively unaffected but the area that gave the most cause for concern has arisen from exposures to risky financial instruments. “The Reactions Magazine’s Global Insurance Conference 2009” was held in Swissotel‚ Zurich‚ Switzerland. At this conference the financial services industry tried to re set itself following the worst
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