Corporate Social Responsibility is essentially about doing good and doing well. It generally refers to the process of integrating social values and mission within business decision making‚ to achieve positive and sustainable outcomes towards business‚ environment and the community at large. Concept of CSR includes specific issues Product safety Honesty in advertising Affirmative action Employees rights Affirmative action Environmental sustainability Ethical behavior Difference btw
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1. The broadening set of interdependent relationships among people from different parts of the world is known as ________. a. globalization b. Offshoring c. international business d. outsourcing 2. The term globalization is sometimes used to mean the ________. a. movement of jobs to low-wage countries b. business being undertaken outside the confines of any nation c. Uneven distribution of resources and their influence on different products and services in different parts of the world
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Effective communication with people of different cultures is especially challenging. Cultures provide people with ways of thinking--ways of seeing‚ hearing‚ and interpreting the world. Thus the same words can mean different things to people from different cultures‚ even when they talk the "same" language. When the languages are different‚ and translation has to be used to communicate‚ the potential for misunderstandings increases. Stella Ting-Toomey describes three ways in which culture interferes
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Climate Change Climate change has been a serious focus of the scientific community for many years. Although‚ more frequently in the last two decades countries are also taking a serious look at climate change. Together‚ developed and developing countries are forging new treaties and protocols to create a global paradigm shift in the way we handle climate change. After analyzing the different articles in the reading I noticed a reoccurring theme in most of the articles. With the recent shifts
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THE IMPACT OF INTERNATIONAL BUSINESS ON THE GLOBAL ECONOMY Niki Geiersbach Abstract With the dawn of globalization‚ international business is becoming increasingly popular. Multinational organizations are among the most profitable in the world. A company needs to be aware of the language and culture of the country where it plans to embark with its investment. Politics and laws of the nation can either make international business easy or hard. With the success of international business‚ its future
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Intervention means to enter or appear as an irrelevant or extraneous feature or circumstance. The diction expressing irrelevance and extraneous appearance undoubtedly applies to the concept of humanitarian intervention. Despite the proposed intentions of humanitarian intervention‚ it is often clear that it is not effective in creating sustainable long-term solutions to long-term issues. Canada’s involvement in Afghanistan outlines six priorities that all focus on imposing a democratic system. These
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Postgraduate Diploma in Management INTERNATIONAL BUSINESS MANAGEMENT The Impact of Fixed Exchange Rates in a Global Economy A Research Project Report on the Relevance of Fixed Exchange Rate Systems A case of World Vision Kenya Student’s Name: Hesbone Nzambuli Kang’e Registration Number: CAM/2006/PGD/KEN/00143 Purpose: Fulfilment of the Requirements of the Postgraduate Diploma in Management Presented to: Cambridge Association of Manger‚ International Examinations‚ UK
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The first question: how has the globalization of market benefited IKEA? The globalization of market refers to the merging of historically distinct and separate national markets into one huge global marketplace. Falling barriers to cross-border trade have more easier to sell internationally‚ so it is easier for IKEA to grow into a global cult brand with 230 stores in 33countries and have 5 suppliers of the frames in Europe‚ plus 3 in the United States and two in China. Because a fewer barriers to
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its Mission‚ challenges and the concept of intervention with reference to the interventions government has made to the corporation and also the strategies which government used for this intervention will be outlined. The Electricity Supply Commission of Malawi (ESCOM) LTD is a public utility which was incorporated under the companies Act of the Republic of Malawi in 1998 with its own articles of Association. It is owned almost wholly by the Government of Malawi (99%)‚ while the remaining shares
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Chapter 01 Globalization and International Linkages 1. To qualify as a multinational corporation‚ a firm must meet all of the following criteria except: A. Operations in more than one country B. International sales C. A nationality mix of managers and owners D. Sales of at least one million dollars per year 2. Antiglobalization activists: A. Contend that even within the developing world‚ it is protectionist policies‚ not trade and investment liberalization‚ that result in environmental
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