MB0053-INTERNATIONAL BUSINESS MANAGEMENT Q.1 Discuss porter’s diamond model for international trade. Explain the model with diagram. ANS.1 Porter’s diamond model In 1990‚ Michael Porter analyzed the reason behind some nations’ success and others’ failure in international competition. His thesis outlined four broad attributes that shape the environment in which local firms compete and these attributes promote the creation of competitive advantage. They are explained as follows: Factor endowments
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People’s Republic of China. In 2008‚ CIMC ranked No.49 of Global Most Competitive Chinese Companies‚ No.39 of Chinese State-owned Listed Enterprise’s Social Responsibility and No.40 of Top 500 Most Valuable Brands in China. CIMC was listed No.1397 of Top 2000 World Leading Companies by Forbes in 2009 and No.128 of 2010 Chinese Top 500 Companies by FORTUNE China in 2010. Innovative Solution by CIMC Financial Leasing could be used as an innovative finance solution that hedges away the market risk and
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Sector Profile: Information technology (IT) Information technology (IT) industry in India has played a key role in putting India on the global map. IT industry in India has been one of the most significant growth contributors for the Indian economy. The industry has played a significant role in transforming India’s image from a slow moving bureaucratic economy to a land of innovative entrepreneurs and a global player in providing world class technology solutions and business services. The industry
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CHAPTER – I INTRODUCTION 1.1 INTRODUCTION TO THE CONCEPT OF STUDY Trade credit is considered as an essential marketing tool‚ acting as a bridge for the movement of goods through production and distribution stages of customers. A company grants trade credit to protect its sales from the competitors and to attract the potential customers to buy its products at favorable and competitive terms. When the company sells its products or services and does not receive cash for it immediately‚ the company
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Chapter I The Problem and Its Background Introduction In the Filipino culture‚ families live together in the same house. The parents‚ together with their children‚ together with their other relatives maintain a close family bonding. Because of this‚ the house is a place for nurturing children‚ a place wherein they can be safe from any harm and pollution. Filipinos are also dependent in the environment. Filipino children loves playing in the playground‚ loves to swim in the river and to climb
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PGA TOUR‚ INC. V. MARTIN (2000) A brief overview of the case: Should a golfer with a congenital leg disease have the right to use a golf cart in professional golf tournaments? In the case of PGA Tour‚ Inc. v. Martin (2000)‚ the justices of the US Supreme Court disagreed. Their disagreement turned in part on competing views about whether walking the course is essential to the game of golf. To what extent does the debate about using golf carts call into question the athletic nature of golf and the
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THEORATICAL FRAM WORK OF PROJECT HISTORY OF WORK-LIFE BALANCE The work-leisure dichotomy was invented in the mid 1800s.Paul Krassner remarked that anthropologists use a definition of happiness that is to have as little separation as possible "between your work and your play."The expression "Work–life balance" was first used in the United Kingdom in the late 1970s to describe the balance between an individual’s work
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project CHAPTER 1: INDUSTRY PROFILE 1) INDUSTRY PROFILE: The Indian advertising industry is talking business today. It has evolved from being a small-scale business to a full-fledged industry. It has emerged as one of the major industries and tertiary sectors and has broadened its horizons be it the creative aspect‚ the capital employed or the number of personnel involved. Indian advertising industry in very little time has carved a niche for itself and placed
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INTRODUCTION Communication is the process of transmitting information between individuals. This process has been going on ever since the time when primitive human beings existed. This process was vital for the progress of the society. The early man communicated through symbols and gestures and later on the spoken word in the form of language was used for communication. As the technology developed written words and other media were used in addition to the symbols‚ gestures and spoken words.
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Operations Management: Processes and Supply Chains‚ 10e (Krajewski et al.) Chapter 1 Using Operations to Compete 1) Operations management refers to the direction and control of inputs that transform processes into products and services. Answer: TRUE Reference: Operations and Supply Chain Management Across the Organization Difficulty: Easy Keywords: operations management‚ inputs‚ process‚ transformation 2) As a functional area of a business‚ Operations translates materials and services
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