Indonesia and its Business Culture Religion and culture: -Most Indonesian businessmen are Chinese and mostly non-Muslim. -Many are Christians but because Indonesia is dominated by Muslims‚ it could be offensive and impolite to eat during the fasting hours of Ramadan. -Superstitions: There are many superstitions in Indonesia due to the folklores and belief in Black Magic. One such superstition is to avoid making payments at night as it is believed that it may lead to bankruptcy of business failure
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Research TNC’s Nike Research Manufacturing Nike has contracted with more than 700 shops around the world and has offices located in 45 countries outside the United States.[38] Most of the factories are located in Asia‚ including Indonesia‚ China‚ Taiwan‚ India‚[39] Thailand‚ Vietnam‚ Pakistan‚ Philippines‚ and Malaysia.[40] Nike is hesitant to disclose information about the contract companies it works with. However‚ due to harsh criticism from some organizations like CorpWatch‚ Nike has disclosed
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Act utilitarianism give importance in consequences of an action where concerns with only the pleasure and happiness. Comparably rule utilitarianism is if an action is accordance with a rule‚ it is said to be right. …further more there are two main utilitarian who proposed two different answers to this. Jeremy Bentham said “pleasure”
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Utilitarianism is a theory of ethics that bases what is right and wrong solely on the outcomes of each outcome over another as well as taking into account the interests of others rather than one’s own interests (Caae.phil.cmu.edu‚ 2014)‚ another way to describe utilitarianism is to say that the consequences provide the greatest good for the greatest number. For Ted and Gwen‚ who are employees within Nick’s Patisserie‚ Ted is a homeless teenage and Gwen is a single mother whose only source of income
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firm’s bond‚ Johanna only used the interest expense of the year divided by the average debt balance‚ which fully ignored the discounted cash flow of the cost of debt. 2. If you do not agree with Cohen’s analysis‚ calculate your own WACC for Nike and be prepared to justify your assumptions. Combining the analysis above‚ we now give our own WACC calculation as following: 2.1 The value of debt(based on EXIHIBIT 3). Since the book value of debt may represent the market value‚ we merely
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BUSINESS ADMINISTRATION CASE STUDY – NIKE CSR (page 70) 1. In referring to the opening profile and the closing for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Answer: There are 5 challenges related to CSR: a. Lack of awareness and benefit of CSR In fact‚ many of companies have little knowledge about CSR. In some cases‚ companies may have a greater understanding of CSR
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drugs and whether or not it should be legalized. To solve this moral dilemma‚ a person can simply use and apply the concepts of utilitarianism. When deciding on whether or not something is considered to be a moral problem‚ it’s extremely important to differentiate the assumptions that people have made to support their claims. The situation that is being examined is utilitarianism and how it would view the problem of drugs. First when looking at this issue‚ a person must use what utilitarianism’s use to
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Nike -Sweatshop Overview Nike is one of the largest‚ most popular and profitable shoe and clothing companies in the world. This is why it is a wonder that the reality for many workers overseas making Nike shoes and clothing is far less rosy. Workers are paid wages insufficient to meet their basic needs‚ they are not allowed to organize independent unions‚ and often face health and safety hazards. Nike publicizes itself as one of the leaders of corporate responsibility. However‚ they do not comply
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The ethical theory that an act you choose should produce the greatest amount of pleasure or happiness and the least amount of pain or suffering‚ is known as Utilitarianism. However‚ this theory is not about your happiness alone‚ but about making the greatest moral choices‚ that brings the utmost happiness to everyone. This theory comes from consequentialism which is a family of concepts that share the same idea; if an act creates positive results‚ then it is thought to be good. Utilitarian’s must
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[pic] Project Report On Currency Market - Indonesia PT-MBA-2011-2014 International Finance - Group 5 Name Roll Number 1. Mr. Lawrie Dias A012 2. Mr. Vipin Grover A016 3. Ms. Surabhi Dwivedi A014 4. Mr. Ram Mulik A030 5. Dr. Dhawal Patel A033 6. Mr. Datta Sidgiddi A056 Contents Indonesia – Exchange Rate System 4 1. The fixed rate over 1970 to 1978 4 2. Managed floating exchange rate
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