you assess political risk? What are its consequences? How can a firm manage political risk? What is micropolitical risk and how does it affect international business? Political risk assessment can be done as simple as conducting an online research yourself‚ or by hiring experts and consultants familiar with the host country. They are able to inform the likelihood of political change and develop possible scenarios for future political conditions. Another form of assessing political risk can be assigning
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HR CASE STUDY ON BATA Bata India’s HR Problems For right or wrong reasons‚ Bata India Limited (Bata) always made the headlines in the financial dailies and business magazines during the late 1990s. The company was headed by the 60 year old managing director William Keith Weston (Weston). He was popularly known as a "turnaround specialist" and had successfully turned around many sick companies within the Bata Shoe Organization (BSO) group. By the end of financial year 1999‚ Bata managed to
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Due to grow awareness globally in importance of asset protection and coverage to minimize losses or impacts on firms‚ War & Political Risk was formed. It consists of four cost centers which are Kidnap & Ransom‚ Political Risk‚ Product Recall and Trade Credit. Each of the cost centers has different coverage‚ exposure‚ business interest‚ task processing and etcetera depending on client base and needs. We as support team understand this situation and work closely with our London colleagues especially
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founding in 1894‚ Bata has been at the forefront of innovation; not only in the production and design of new styles‚ but in the creation of business models that permit a quick response to the ever-changing wants and needs of our customers. As a result‚ Bata enjoys a long history as a leading manufacturer and retailer of quality footwear‚ and proudly serves some one million customers each day. With 40‚000 employees‚ 5‚000 international retail stores‚ and a presence in over 70 countries‚ Bata is positioned
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Wal-Mart Wal-Mart has a great history of leadership‚ innovation and success. The founder‚ Mr. Sam Walton had a vision and traveled the country studying discount retailing because he had a vision of selling quality products at a lower price. He opened his own store‚ Wal-Mart‚ in Rogers‚ Arkansas in 1962. Today‚ Wal-Mart is the largest retail chain in the world with over 9‚000 stores‚ servicing over 176 million customers‚ and over two million employees in 15 countries; Mexico‚ Puerto Rico‚ Canada
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Assessing Political Risk April 25‚ 2011 Assessing Political Risk Dorchester‚ Inc. is a U.S. based conglomerate that would like to break into the international consumer electronic business. Eun and Resnick stated that “the scope of business activities has become highly international.” (p. 151) There are several factors that could have a crucial impact on any international business; however‚ the one that will be addressed in this paper is the political risk of investing internationally. Eun
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PROFILE 1.0 Background/History of Bata SHOE COMPANY A company that sustains over a span of 100 years and still marks its presence in the world market is Bata. As one of the famous global businesses in the world today‚ Bata Shoe Organization was founded in 1894 by Czech businessman Tomas Bata in the city of Zlin‚ what was then Czechoslovakia. Coming from a family of shoemakers with a long heritage of eight generations and over three hundred years‚ Tomas Bata capitalized on knowledge‚ expertise
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the reign of Pharaoh Seti II (1209-1205 B.C.) of the nineteenth Egyptian dynasty‚ and may have been a political satire based in part on his own difficulties with his half brother‚ the usurper Amenmesse. It is similar to the story of Joseph in the house of Potiphar‚ in Genesis 39:1-20. The Tale of Two Brothers - Anpu and Bata Once‚ there were two brothers. Anpu was the name of the elder and Bata was was the name of the younger. When their parents died‚ Anpu was already married and had a house of
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AMB Country Risk Report September 28‚ 2011 France Country Risk Tier CRT-1 • France is a CRT-1 country with low levels of risk across all three categories. The French economy has been significantly impacted by the global financial crisis. The economy contracted by 2.6% in 2009 and has recovered modestly‚ with the economy growing by 1.5% in 2010 and by 1.7% in 2011. A fragile labor market‚ tight credit conditions‚ and fiscal tightening will create economic difficulty over the next
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ABOUT BATA: This company came into being in year 1894 .The T.&A. Bata Shoe Company is registered in Zlin‚ Czechoslovakia by the siblings Tomas‚ Anna and Anton in Bata. Innovative from the beginning it departs from century old traditions of the one-man cobblers’ workshop. BATA TODAY: “To grow as a dynamic‚ innovative and market driven domesticmanufacturer and distributor‚ with footwear as our corebusiness‚ while maintaining a commitment to the country‚culture
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