• “emerging India” households could be classified into five groups based on annual household income (Social Classes): o “deprived” consisting of 103 million households of mostly subsistence farmers and unskilled labourers o “aspires” consisting of 91.3 million households including small-scale shopkeepers‚ famers with small areas of owned land‚ or industrial workers (expected this group would reduce from 41 percent to around 35 percent due their moving to the middle class o “seekers” consisting
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1. Most people wouldn’t realize it but cultural appropriation have been around for more years than any of us ever knew. Cultural appropriation didn’t just start in the United States a couple of years ago‚ it actually started all the way back in Africa 4 million years ago. The reason I say 4 million years ago is because the oldest living person in the world was dated back 4 million years ago in Africa. Over the years explores‚ philosophers‚ writers‚ and artist all around the world have studied and
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Every society and culture has different ways of interpreting and defining occurrences by the way their own culture or society functions. "A society ’s culture‚ consists of whatever it is one has to know or believe in order to operate in a manner acceptable to its members"(Geertz 242). The rituals‚ customs‚ ethics and morals that are attributed to the cultures have caused these differences. To understand how the people of one culture interpret a situation or event‚ one must evaluate the attributes
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A gadget is a device or appliance having a unique purpose and function. At the time of invention‚ a gadget is often way ahead of its peers in terms of novelty and uniqueness. This is what makes them‚ so desirable and ’cool’! The top ten gadgets that changed the world are debatable. Nevertheless‚ popular choices would be the television‚ telephone‚ camera‚ movie camera‚ microwave oven‚ video cassette player and recorder‚ video gaming consoles‚ Sony’s Walkman‚ IBM’s personal computer or PC and the
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Collaborative Advantage: The Art of Alliances Alliances between companies‚ whether they are from different parts of the world or different ends of the supply chain‚ are a fact of life in business today. Some alliances are no more than fleeting encounters‚ lasting only as long as it takes one partner to establish a beachhead in a new market. Others are the prelude to a full merger of two or more companies’ technologies and capabilities. Whatever the duration and objectives of business alliances
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starting to talk about firm specific advantages. According to Barney and his article Firm Resources and Sustained Competitive Advantage‚ a few things are needed to gain a firm specific advantage. But also‚ he argues that a firm can gain a Sustained Competitive Advantage. SLIDE According to Barney‚ a firm has a sustained competitive advantage when it is implementing a value creating strategy not simultaneously being implemented by any current or potential competitors AND when these other firms
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Discuss what is meant by sustainable competitive advantage Sustainable competitive is what all the companies want to gain it and maintain it‚ it can let the company to keep the position of market leadership and let the company be successful. Evans et al. (2003‚ p.225) states that “no advantage is sustainable for ever‚ as competitors will seek to imitate it. “It has told that a sustainable competitive advantage it should be unique and can’t be copy easily by the competitors‚ also Evans et
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resource An economic or productive factor required to accomplish an activity‚ or as means to undertake an enterprise and achieve desired outcome. Three most basic resources are land‚ labor‚ and capital; other resources include energy‚ entrepreneurship‚ information‚ expertise‚ management‚ and time. Natural resources are derived from the environment. Many natural resources are essential for human survival‚ while others are used for satisfying human desire. Conservation is the management of natural
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Culture is a "learned system of knowledge‚ behaviors‚ attitudes‚ beliefs‚ values‚ and norms that is shared by a group of people (Smith‚ 1966 as cited in Building our understanding‚ n. d.). Cultural diversity comprises the uniqueness of each group. Hispanics in the United States consists of groups with nationalities that include (a) Cuban‚ (b) Mexican‚ (c) Puerto Rican‚ (d) South or Central American‚ or other Spanish culture or origin‚ regardless of race.. People who identify their origin as Spanish
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PLEKHANOV ACADEMY OF ECONOMICS Valuation of company assets. South Gobi Energy Resources Ltd. Written by: Assessed by: Ulaanbaatar‚ 2010 Contents Investment Summary 3 Attractive Portfolio 3 Key Advantages 4 Key Risks 5 Valuation 6 DCF Valuation 6 Resources-based valuation 8 Background 9 Ownership 10 Corporate Governance 10 Mongolian Coal Assets 11 Ovoot Tolgoi Surface Mine 11 Ovoot Tolgoi Underground 12 Soumber 12 Tsagaan Tolgoi Coal Deposit 13 Tavan Tolgoi Extensions
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