The EPG Model is a framework for a firm to better pinpoint it’s strategic profile in terms of International Business Strategy. It contains three elements - Ethnocentrism‚ Polycentrism and Geocentrism. The Importance of the EPG Model is mainly in the firm’s awareness and understanding of its specific focus. Because a strategy based mainly on one of the three elements can mean significantly different costs or benefits to the firm‚ it is necessary for a firm to carefully analyze how their firm is oriented
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ARE THE CONSUMER PROTECTION LEGISLATION EFFICACIOUS ENOUGH TO PROTECT THE CONSUMER RIGHTS IN PAKISTAN OR ELSE A NATIONAL STRATEGY IS NEEDED TO EVOKE MASSIVE AWARENESS‚ ENSURE IMPLEMENTATION OF EXISTING LAWS‚ APPORTION LIABILITIES AND PROTECT OUR CONSUMER? CONSUMER PROTECTION LEGISTATION IN PAKISTAN “Governments should develop or maintain a strong consumer protection policy‚ taking into account the guidelines and relevant international agreements. In so doing‚ each Government should set its own
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------------------------------------------------- Consumer Protection Act‚ 1986 Consumer Protection Act‚ 1986 is an act of Parliament of India enacted in 1986 to protect interests of consumers in India. It makes provision for the establishment of consumer councils and other authorities for the settlement of consumers’ disputes and for matters connected therewith. Citation : Act No. 68 of 1986 Enacted by : PARLIAMENT OF INDIA Date commenced : 24 December
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who are different than themselves. Why does it make people uncomfortable? (Hint: the fear of loss associated with change..." AND what can we do about it? Ethnocentrism Ethnocentrism perpetuates discrimination‚ attitudes of superiority‚ hostility‚ and contempt for members of other groups. The most serious consequences of ethnocentrism are violent wars‚ ethnic cleansing‚ slavery‚ and genocide. This issue of getting people to deal with their innate discomfort of accepting others who are different
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According to the dictionary ethnocentrism is the tendency to look at the world primarily from the perspective of one’s own culture. (The merriam-webster dictionary‚ 1997) Ethnocentrism often involves the belief that one’s own race or ethnic group is the most important and that some or all pieces of its culture are higher to those of other groups. Within this thought‚ individuals will judge other groups in relation to their own individual ethnic group or culture‚ especially with concern to language
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Consumers Rights in Indonesia – A Review Consumer’s rights are the proper benefits that protected by the law‚ which the consumers automatically obtain when they purchase a product. For instance‚ when a consumer buys a product they have the rights to have a satisfactory quality of its product and the fit function for the purpose as described on the packaging‚ the advertising of the product and also as described by the sales person. Therefore‚ if the consumer doesn’t obtain the right quality
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Competition and Consumer Commission regulates both competition and consumer protection. Is this institution effective in its role? Why or why not? The Australian Competition and Consumer Commission (ACCC) is an institution that deals with disseminates competition and fair trade in the market to help benefit consumers‚ businesses and the community. Their primary responsibility is to ensure that individuals and businesses comply with Australian competition‚ fair-trading‚ and consumer protection laws
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the rest of the world. Consumer society is characterization used to explain a society that is defined by the way individuals acquire goods‚ how they use them and the disposal of these goods. (Hethering‚ 2009‚ p.33). Consumption comprises of individual that acquire goods for personal use and those that acquire for manufacturing and resale. However Social Scientist comes in to try and analyse consumer behaviour when acquiring these goods. The question now is whether the consumer society is a divided
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POLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT DEPT. OF BUSINESS MANAGEMENT RESEARCH METHODOLOGY (RMA411S) ASSESMENT 1 Student name: Rachel N. Nuukunde Student number: 201030020 Lecturer: Dr. Geoffrey Nambira Due date: 10 March 2012 at 10h00pm Table of contents Pages 1.1 Topic of the study 3
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Consumer Protection Act‚ 1986 1. Introduction 2. Redressal Machinery 3. Important Case Laws 4. Membership Consumer Protection Act‚ 1986 Introduction & Definitions A consumer is a user of goods and services. Any person paying for goods and services which he uses is entitled to expect that the goods and services are of a nature and quality promised to him by the seller. The earlier principle of "Caveat Emptor" or "let the buyer beware" which
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