West Indies Yacht Club Resort: When Cultures Collide Jeffrey P. Shay University of Montana In early December 1994‚ Patrick Dowd‚ a 30-year-old management consultant‚ stared out his office window at the snowy Ithaca‚ New York‚ landscape. Dowd reflected on his recent phone conversation with Jim Johnson‚ general manager of the 95-room West Indies Yacht Club Resort (WIYCR)‚ located in the British Virgin Islands. Johnson sounded desperate to pull the resort out of its apparent tailspin and noted
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Minnesota‚ Lake Minnetonka holds unique meaning for different people. The retreating Wisconsin Glacier of the last Ice Age that produced melted blocks of ice‚ gave life and form to this island lake. It was Alexander Ramsey‚ Minnesota’s territorial governor in 1852‚ who gave Lake Minnetonka its name. The lake is also commonly known as the Big Waters‚ deriving that nickname from the Sioux language in which “Minne” means water and “Tonka” means big or great. As the ninth largest lake in Minnesota‚ Lake Minnetonka
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Introduction: BP has been operating in Russia since the early 1990s. In 1997‚ it purchased a 10 per cent stake in Sidanco‚ the Russia’s 4th largest oil company. The stake was subsequently increased to 25 per cent plus one share in 2002. In 2003‚ BP merged its interests in Russia with those of TNK to create TNK-BP‚ a hugely successful joint venture employing around 50‚000 people and operating in nearly all of Russia’s major hydrocarbon regions. Since its formation‚ TNK-BP went on to become Russia’s
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Case Presentation William is a single‚ seventy- year-old Caucasian male‚ who resides in a nursing home. He has no children and his only close living family member is his sister. William was admitted to the nursing home three months ago‚ after having suffered a stroke and subsequent left side weakness in his leg and arm. Currently‚ William is undergoing physical therapy at the nursing home to improve his left side mobility. William was referred to the Nursing Facility Transition program
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*Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? The most obvious reason for the difference between the market value of equity and the book value of equity is the inability to record certain intangible assets such as brand value‚ customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings
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A: The Decline of the West af Kristoffer Lindegaard The capitalistic world was doing great‚ everyone was making money‚ and spending it like there was no tomorrow. Banks were lending people money to buy bigger houses‚ faster cars‚ and all other material things that an upper class family might need. Everything seemed perfect‚ until the financial world suddenly discovered that these methods weren’t sustainable and thus firing‚ and making no money available for lending anymore was needed. Mike‚ the
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DEPARTMENT OF TECHNOLOGY AND BUILT ENVIRONMENT Chinese culture‚ Chinese corporation culture and innovation How does a corporation implement innovation properly? Hengsong.TU & Xin.YUAN 06.2010 Master’s Thesis 1 Abstracts: 文化反映在人类生活中的很多方面，诸如做事情方式，沟通的礼节， 教育，历史事件，经济状况等等方面。在很大方面，一个国家的文化 会影响到企业的经营方式。通过当前比较流行的霍夫特德的文化区分 理论，我们了解到中国的文化特点体现为比较长的权利距离，集体主 义倾向，更男性化，强调风险规避以及考虑长期目标。因此，中国的 企业也长期处在中国文化的影响中，表现起来就是中国的企业更强调 集体文化，以及把企业当作家的思想。企业中存在许多的规章制度以 及等级观念，员工的晋升与个人的成就和服从相关联。通过这篇文 章，我们在一系列文献整理的基础上，更好的了解中国文化和中国企
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Case Overview: Star River Electronics Ltd. Star River Electronics Ltd. is a large manufacturer and supplier of CD-ROMS based in Singapore. It was founded as a joint venture between an Asian venture capital firm‚ New Era Partners and Starlight Electronics Ltd‚ UK. It has enjoyed a great deal of success in the past‚ due in large part to their excellent reputation for producing high-quality discs. But due to recent emerge of Digital Video Disks (DVDs) Star River Electronics does need to face
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Jewellery which is a Limited Liability Company. The Defendant was not a director of Al-Atheer Jewellery Ltd nor had any stake in the company at the time of the signed agreement. The Defendant was a part time sales manager in the particular shop. 3. The director of Al-Atheer Jewellery Ltd had a discussion with the Defendant that the company is willing to sell the branch of Al-Atheer Jewellery Ltd shop where the Defendant works. Surprisingly the Claimant’s representative (Tanneshia McLoan) walked into
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The foster home environment is one that will encourage Tracey’s independent living skills while allowing her to interact with people who are interested in helping her grow. The foster home offers a smaller‚ more independent situation than the group home‚ and prepares her for apartment living (Heward‚ 2013). Tracy currently has difficulties with transitions and is better with routine. The foster home offers a smaller environment in which interruptions and
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