Clifford tells the story of a shipowner whose ship sank and drowned all aboard. Clifford things the shipowner is guilty of their deaths even though he sincerely and in all good conscience believed the ship was sea- worth. What do you think? Do you agree with Clifford? Why or why not? Answer: I think that Clifford is absolutely correct in the scenarios that he provided. Quickly‚ Clifford made it clear that the shipowner was fully aware that his ship had not been built well‚ and because of this the
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Intercontinental University Why do firms purchase other corporations? Many firms purchase other companies to make their company larger. The growth of a company is achieved through expansion of purchasing already built companies and expanding their business into empty building. Merging with other companies is sometimes easier since the business is already setup. They can gain good managers and employee as well as formidable contracts that they were not using before. Do firms pay too much for the
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BUSINESS Literally‚ the word “business” means the state of being busy. Generally‚ the term business includes all human activities concerned with earning money. In other words‚ business is an activity in which various persons regularly produce or exchange goods and services for mutual gain or profit. The goods and services produced or purchased for personal use are not included in “business”. Business is an economic activity‚ which is related with continuous and regular production and distribution
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development in corporations. The complicated connotation of CSR results in the difficulty of understanding intensively and application efficiently. Despite the wide range of definition‚ CSR generally refers to the obligation to ‘meet or exceed the expectations of stakeholders’ beyond economic and legal means‚ but including human‚ environmental and ethical perspective (Cable‚ 2005 cited in Mullins 2010: 713). In this sense‚ CSR is coping with the interest of itself and all those who have interest and
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Context of business strategy 3 1. Vision 3 2. Mission 4 3. Value 5 II. The significance of stakeholder analysis 7 1. Significance of stakeholders 7 2. Stakeholders analysis and its importance 9 III. Environmental and organizational audit of Kinh Do Corporation 11 1. External environment 11 1.1. PESTEL analysis 11 1.2. Five forces 14 2. Organizational audit 18 IV. Applying strategic positioning techniques to the analysis of Kinh Do Corporation 21 1.
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KINH DO CORPORATION I. Introduction Kinh Do Corporation is Vietnam’s largest confectionary company by both sales and production value. The company was founded in 1993 by a small group of entrepreneurs in Ho Chi Minh City‚ Vietnam; beginning as a snack company. Kinh Do sucesses on snack products opened a new opportunity with the strategy of diversifying product portfolio and affirmed the quality of a Vietnam brand. From a small production facility with sales of only 10 billion in 1993‚ Kinh Do has
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Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Name Institutional Affiliation Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Multinationals are corporations which operate in at least two countries but whose management is established in one specific country. They have their operations in at least one other country different
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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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how globalization and technology changes have impacted the corporation you researched. The company researched was Universal Music Group because the music industry is ever growing and I wanted to know more about the company. As we all know‚ technology has been a major part of the music industry both good and bad. Technology has helped plenty of artists and hurt others. Since the introduction of the mp3 and the popularity of the IPOD device‚ compact disc sales have declined and more music is being
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Creativity James Brickey OI/361 Ruben Torres May 4‚ 2012 Innovation‚ Design‚ and Creativity In this paper am going to show a compare and contrast on innovation‚ Design‚ and Creativity. I feel that all three of these go hand in hand‚ especially when it comes to running a big or small business. Innovation is the drive that a person has to achieve something‚ to put forth effort to make something great. That is how most companies become corporations is because of the small amount of innovators
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