ALLIANCE BUSINESS SCHOOL SUBJECT- GLOBAL DIMENSIONS OF INTERNATIONAL BUSINESS ASSIGNMENT NO.-1 DATE: 02/03/11 SUBMITTED TO: Prof. M V NARASIMHAN SUBMITTED BY: Akshay Shah Answer: 1 IMPACT OF POLITICAL TURMOIL IN EGYPT ON GLOBAL BUSINESS: Political turbulence in Egypt in casting a poll on world financial markets driving up the prices of crude oil & food and creating new risks for the shaky world economy in the months ahead. Following are the impacts of political turmoil in Egypt on global
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THE ArceDairy ice cream line consists of their premium or supreme‚ classic‚ regular‚ sugar-free‚ sherbet‚ and “sorbete de caro” flavors. The latter‚ made from fresh coconut milk‚ is reminiscent of the “dirty” ice cream sold in pushcarts by itinerant vendors. The company also makes “lower-end” popsicles they sell in the provinces under the Medinilla label as well as ice-cream bars featuring various flavors. Dennis S. Arce‚ vice president for finance of ArceFoods Corp.‚ the company that produces
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their handlers are required to pay taxes in Ghana or not. The purpose of this article is to clarify the taxation issues relating to the earnings of the footballers and their officials. Understanding some tax concepts From the reading of the Internal Revenue Act‚ 2000 (Act 592) (IRA) (as amended)‚ it can be noted that taxation of income in Ghana is based on the premise that the income is accruing in‚ derived from‚ brought into or received in Ghana in respect of business‚ employment or investment
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Empowering the Women’s Labor Force in Ghana Since 1992‚ Ghana’s Constitution recognizes equal rights between men and women in all aspects of life. Even though Ghana’s Constitution works as a legal mechanism that guarantees women protection‚ the women’s reality is different. For example‚ the national literacy rate for men is 44.1% as opposed to 21.1% for women (WILDAF‚ FEDDAF‚ 2013). Receiving less education than men‚ when employed women don’t earn enough to be economically independent and support
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2009). For businesses trading internationally culture is an essential aspect that must be considered in all situations. Culture provides an important source of social identity for its members. Who‚ as do all people‚ have a basic need to belong to social groups. Belonging to a culture is represented by acting in accordance with the norms and values and brings safety and security from the group. But this is only one important function of culture. As well‚ it also makes action more simple and
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Economy of Ghana National income determinants and the economy of Ghana NATIONAL INCOME ACCOUNTING National income accounting refers to a set of rules and techniques that are used to measure the national income of a country. In other words‚ National income is a measure of the value of goods and goods produced by the residents of an economy in a given period of time‚ usually a quarter or a year. National income can be real or nominal. Nominal national income refers to the current year
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the discovery of oil in any location‚ particularly developing countries‚ is greeted with great optimism. Such was the case in the golden jubilee year of Ghana’s independence when oil was discovered in commercial quantities in the Western Region of Ghana‚ the same region noted historically for rubber‚ forestry and minerals of various kinds. In the golden jubilee fields alone‚ it is estimated that by 2011‚ oil production per day would hit 120‚000 barrels and the revenue from the oil and gas exploration
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it introduces travelers to different cultures‚ knowledge to do things differently and inspires everyone to do something wonderful. Traveling always introduces new cultures to people. If an American travel to a country like Ghana‚ they will experience the cultural difference between America and Ghana. Perhaps the most significant differences they will notice are the languages‚ hospitality and lifestyle of Ghanaians. They will realize that Ghana like other African
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Four Dimensions of Conflict and a Flood Several months into the strike‚ record setting rainfall caused the San Francisco river to overflow its banks sending an unexpected and swift torrent of water through the town of Clifton‚ AZ on October 1‚ 1983. This catastrophic event‚ while completely unrelated to the details of the labor contract negotiations and ongoing strike‚ provides an excellent example of how history and culture work together to influence the willingness of the conflicted parties to
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Geert Hofstede’s Cultural Dimensions National cultures can be described according to the analysis of Geert Hofstede. These ideas were first based on a large research project into national culture differences across subsidiaries of a multinational corporation (IBM) in 64 countries. Subsequent studies by others covered students in 23 countries‚ elites in 19 countries‚ commercial airline pilots in 23 countries‚ up-market consumers in 15 countries‚ and civil service managers in 14 countries. Together
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