Culture of Indonesia The present day culture of Indonesia is an outcome of the interplay of age-old- traditions from the time of early migrants and the Western thought brought by Portuguese traders and Dutch colonists. The basic principles‚ which guide life include the concepts of mutual assistance and consultations to arrive at a consensus. Derived from rural life‚ this system is still very much in use in community life across the country. Indigenous has been instrumental in securing gender equality
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CONSIDERING RISKS IN INTERNATIONAL BUSINESS Business by itself requires high awereness of risks‚ taking these risks‚ managing them and gain profits from them. The literature names this task as "entrepreneurship". Entrepreneurship is the practice of starting new organizations‚ particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking‚ as a majority of new businesses fail. Entrepreneurial activities are substantially different
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I. INTRODUCTION PT Garuda Indonesia (Persero) Tbk (IDX: GIAA)‚ publicly known as Garuda Indonesia‚ is the flag carrier of Indonesia. It is named after the mystical giant bird Garuda of Hinduism and Buddhist mythology. It is headquartered at Soekarno-Hatta International Airport in Tangerang‚ near Jakarta‚ the capital city of Indonesia. Most Garuda Indonesia shares are owned by the Indonesian government; the airline employs 5‚808 staff (as of December 2010). According to the sacred
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Economic challenges facing UK business Ipsos MORI SURVEY – NOVEMBER 2011 Methodology 122 structured telephone interviews of approximately 15 minutes conducted between 6th October and 4th November 2011 Survey sample Sample by sector Manufacturing Where is the location of your head office? 15% 22% Construction Financial services 15% 9% 15% 34% UK Retail‚ transport & distribution Non-financial services Other 66% Outside the UK 24% Sample by global revenue
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Responses to recent corporate collapses have overlooked the importance of business ethics in managing risk * Four indicators of business ethics and their risk management aspects are discussed * Investors are wanting companies to disclose how they are managing the risks from poor business ethics practices Over the past decade‚ poor risk management of various kinds‚ for example‚ a lack of board independence or potentially compromised auditors‚ has contributed to sometimes spectacular company
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Master of Business Administration Financial Management Group Assignment Students for Students Online Brokerage (SFS AG Brokers) Executive Summary The following material is a business plan for a start-up of an online brokerage business. It is not based on real company data. The name of the company‚ the co-owners‚ the contact information data are invented by the authors. There is a lot of information in the literature about what one needs to do when starting an online brokering business. One can
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in 1955. Garuda Indonesia commenced passenger service to Bali in 1951 using Douglas Dakota DC-3 aircraft. It inaugurated the Denpasar-Sydney service in 1969 using Douglas DC-8 aircraft. Over the years‚ Bali has been consistently voted "The Best Island in the World"‚ and the airline has played an integral role in developing Bali as an international tourist destination. The historic Asian African Conference was held in Bandung‚ West Java on 19 April 1955. Garuda Indonesia was the official airline
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Q1.An overall strategy :what products or services should FAST RETAILING sell in Indonesia‚to which custoers(market segments)? Demographic segmentation: Indonesia‚with a population of over 248 million is also the fourth most populated country in the world. Indonesia is a very young country‚the average age in this country is 28.5 years old.Indonesia society is fragmented in over 300 tribes‚ there are more than 100 ethnic groups with Javanese(40.6%) being the majority ethnic groups.The
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Why do we want to do business in China? The answer is simple. We are still in a recession‚ and our unemployment rate is high. We have to explore alterative market to make money. What makes China an attractive market? China is attractive because there is big money to be made. [pic] Figure 1 Comparing Population of US and China in Millions China is the second largest economy in the world (Barboza‚ 2010) with 1.3 billion in population. That is more than four times the
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high risk/ high return business is not a simple process. There are several key factors and criteria that need to be met in order for your venture to have a chance. Ignoring them would most likely result in complete failure‚ and this is why a large number of startups fail in their early stages. This simulation is meant to help me identify the key pitfalls and factors of success. The purpose of this report is to communicate how I approached the problem of launching the high risk business‚ and the
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