- M/S Auto India‚ Pune‚ India Beneficiary - M/S General Motors‚ Detroit‚ USA. Issuing Bank - Global Bank‚ Pune‚ India Advising Bank - The American Bank‚ New York Negotiating Bank - The American Bank‚ New York Reimbursing Bank - International Bank‚ New York Availability - Negotiable at sight Expiry - At the counters of The American Bank‚ New York Amount - USD 100‚000 Merchandise - Car engine parts Quantity and price - 50 units @ USD 2000 per unit Circumstances Issuing Bank Global Bank
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proprietorship or simply proprietorship - is a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business. Sole trading is widespread- A very large proportion of business conducted in the UK is undertaken by the trader working on his own usually providing his own money (capital) to start the business. The liability of any debts of the business will be down to him. In such a business there will probably be only one person
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to increasing globalization‚ international business ethics has become an important issue. The number of multinational companies‚ which operate outside of their home country‚ is increasing rapidly. Many conflicts occur due to contrasting ethical values of various nations in the international community. Some ethical dilemmas arise from issues of employee rights‚ human rights‚ environmental concerns‚ preventing corruption and moral obligations. International business encompasses a full range of cross-border
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In the present world legal and ethical issues have major impact in almost all the professions. It occurs when a professional/organization executes something against the law. Legal issues have a specific law behind them which will result in legal consequences if you don’t obey. It simply goes along the law it concern to anything arising from law or counter legal arguments. Ethical Issues are acts that you fell wrong but not against the law though it’s not illegal.
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Area: An organisation ’s corporate social responsibility policies‚ including business ethics‚ and their impact on business practice and key stakeholders Title: How does Nike reconcile the need to minimise the cost of manufacturing with the need to meet the ethical and social expectations of its customers? By WORD COUNT Research Analysis Project – 6224 words (minus table) CONTENTS Page CHAPTER 1: INTRODUCTION 1.1 Introduction 3 1.2 Project Aim
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Analysis From what we have read and interpreted from the case‚ the main issue is the ethical criticism of the fast food giant‚ McDonald‚ in Europe. By referring to the case‚ the organizational ethical issues which are filled around McDonald consist of food health‚ ill-treatment of animals‚ exploitation of children‚ and destruction of rainforests. Besides‚ anti-globalization‚ anti-American‚ anti-McDonald’s activism‚ and Europe governments had also been the concerns and ethical challenges for the
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of the administration of psychological tests and it is necessary that all test users follow the ethical guidelines when using any type of psychological test. Psychological tests are an important tool in terms of many professions in an array of settings such as in clinical psychology‚ education‚ and even business. However‚ misuse of psychological test by the administrators is a constant and troubling issue that has the potential to harm the individuals involved and even society as a whole. For test
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Ethical issues in marketing The importance of ethics in marketing is growing. Recognition and respect for ethics‚ covering a wide range of issues can be used as USP (unique selling point) for a company. Each society will have it own unwritten code of behavior. However view of matter will change over time. Due to this societal marketing concept has emerged which requires that marketer adhere to socially responsible and ethical practices in the marketing of their goods and products. Below is the definition
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SAMPLE CASE STUDIES – International Business Case Study 1 - Documentary Credit M/S Auto India Introduction M/S Auto India is a public limited company; they manufacture SUVs (sports utility vehicle)‚ in technical collaboration with General Motors of USA. The company has established their manufacturing base at Ranjangaon in Pune. They have acquired an area of 250 acres and the total project cost is estimated at Rs 1500 crores. As per the projections‚ the company is slated to achieve a 25% market
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Running head: WORKPLACE ETHICAL DILEMMA Workplace Ethical Dilemma University of Phoenix Professional‚ Ethical and Legal Issues in Human Service BSHS/332 July 05‚ 2010 Workplace Ethical Dilemma Most large organizations have implemented policies that dictate how they will conduct employee relations. One area of employee relations is the giving performance evaluations. In this paper‚ the moral and ethical issues faced by managers giving performance evaluations will be addressed.
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