Even after the emergence of cross-border business world, the advent of ‘culture-free’ business practices has yet to be transpired that brings with itself the complexities are associated with distinct values and beliefs in spite of the growing interdependence among countries. Both India and China are the countries with great diversity with substantial regional, cultural and religious variations across the country....
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Technological development has had a strong impact on the way society communicates particularly with its growth in the last few years. From the invention of the telegraph and the telephone to the advent of the internet, technology has given people the tools to not only keep in touch with each other but also express their feelings and opinions to a...
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In today’s world financial assets are very valuable. A financial asset can be described as a liquid asset that gets its value from ownership claim. Examples of financial assets, according to James Chen, include: cash, stocks, bonds, mutual funds, and bank deposits (Chen). Imagine not having to work as hard but still being able to bring in a hefty annual...
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When companies compete in the economic market, there will always be threats of risk and uncertainty. Although the two phrases sound like they are similar, they are quite different. The difference between the two is the fact businesses are able to measure risk and control it. Risk is the chances of either gain or loss of something important. Uncertainty on...
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Meru Cabs introduced organized rental cab service in the Indian market in 2004. It soon became popular amongst consumers in urban or metropolitan areas. However, the real revolution came in 2010 with the introduction of app based cab aggregators. OLA was launched in 2011 and Uber followed in 2013. With technological advancements and door to door service becoming the industry...
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Johnson & Johnson is an American multinational corporation that was originally founded in 1886 by three brothers: Robert, James and Edward Johnson. Initially they only specialised the first antiseptic wound treatment, the company has since grown and become one of the largest and most well-known companies globally (jnj.com, 2019). Johnson and Johnson has over 250 different companies located in 60...
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Summary Business strategy of AT&T AT&T are industry leading provider of wireline voice communication services in U.S through subsidiaries, affiliates and operating companies. In addition to this they provide telephone, Internet, voice, IP services. They provide corporate sector clients with services like conferencing, managed network and wholesale communication. AT&T prime focus is to provide high quality innovative products that helps...
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Apple is undoubtedly one of the most prestigious companies in the world, but behind the great success they have had, hard work is hidden by its founders Steve Jobs and Steve Wozniak, since they were people with few resources and with a dream that which over time they could get little by little. The key to the ascent of this...
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Company Overview Nike manufactures athletic apparel and equipment. They produce tennis shoes, cleats, performance clothing, etc. Their main competitor, especially in North America, is Adidas. Some other competitors are Reebok, Under Armour, Oakley, and even Crocs. In Nike’s previous fiscal year which ran from May of 2018 to May of 2019, they brought in a total revenue of almost $36.5...
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Introduction The Stock Market Crash of 1929 stands as a pivotal moment in economic history, marking the onset of the Great Depression. This catastrophic event not only decimated individual fortunes but also sent shockwaves across the global financial system. Understanding the causes and effects of this crash is crucial for economists, historians, and policymakers, as it provides valuable lessons about...
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IBM – International Business Machine Corporation was founded over 100 years ago in 1911. They are massive contributors in the I.T and anything related to computation. IBM revenue was $39.2 billion in 2018 which was generated by the fields they are in which include I.T services, hardware, rental, and financing, etc. They are one of the largest employers in the...
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Mental Illness has for a long time had a stigma about it, in not only real life but how it is portrayed on screen. Finding Dory is a movie that gives us a glimpse into what it is like for people who suffer from anterograde amnesia, the daily struggles and emotions that are felt. We get to see the growth...
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Johnson and Johnson is a prestigious brand and still it has kept up its valuing to a moderate rate with the goal that the normal man can purchase the items. Johnson and Johnson pursues a very much arranged valuing approach in its showcasing blend estimating technique, principally keeping it in the scope of the shopper value file. As we probably...
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Social media has gained attention for the past decade due to the increasing usage and the convenience of the internet and smartphones. This paper aims to study the main factors contributing to the acceptance of social media platforms by reviewing past literature on adoption models such as the Diffusion of Innovation (Rogers, 1995) and Diffusion in Social Media (Judge and...
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Compensation can be described as a systematic approach to providing monetary value to employees in exchange for work performed. Employee compensation may achieve several purposes in recruitment, job-performance and job satisfaction. It can be defined as all the rewards earned by employees in return for their labor. We have to say that сompensation is divided into direct and indirect components....
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Ever since Apple was founded in 1976, they have been able to establish their presence worldwide. When it comes to their demographic segmentation, Apple have laid out different products and services for their different age groups. Apple PC with games and latest software and Apple iPods for the younger generations, Apple iPads for teenagers and office workers to work on...
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Nowadays computer systems are playing a vital role in almost every aspect of human life with the help of complex and user-friendly software systems. Multimedia players are one of the application of computers system used to watch videos and listen audios. In this paper, we conduct a comparative analysis of four media players i.e. VLC, QQ player, Windows media player...
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As we discuss the difference between ‘marginal product’ and ‘marginal cost’ in this write-up lets quickly look at the definition of these two words. According to “the marginal product of labor refers to the number of products a company can manufacture if it hires more workers or assigns its current workers additional hours. The marginal cost refers to the number...
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The company named Sony is successfully running in the market but there is the product which is failed when they open the company or newly start. The product was video cassette recording which is also called vcr. The name given to the product was Betamax and in the market it was called sony Betamax. This product has several features but...
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In using a language, men and women have their own different ways. In an interaction, women tend to use linguistic devices that focus more on the affective functions than men do. Women communicate in such ways to increase their solidarity while men tend to communicate in such ways which focus on the masculinity and power. Stylistically men are less flexible...
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International trade emerged as a controversial concept that led to the creation of various theories to justify the adoption of the practice. International trade theories explain the exchange of goods and services between entities or people from two different nations. The trade between individuals and entities results from the belief in the possibilities of benefiting from exchanging goods and services...
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Food production has drastically changed over the course of human history. The process of cultivating food from raw materials to the preparation of cooked dishes has transformed entirely. Animal husbandry first began more than 10,000 years ago during the so-called Neolithic Age when humans began domesticating animals such as dogs and sheep. This concept is a branch of agriculture concerned...
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Introduction Google, a subsidiary of Alphabet Inc., is renowned for its innovative management practices that have enabled it to thrive in the highly competitive tech industry. As a global leader in internet services and products, Google has adopted a unique management system characterized by flexibility, creativity, and a focus on employee satisfaction. The company's management functions are integral to its...
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A macroeconomic factor that could contribute to Japan’s uncertainty avoidance stems from the fact that Japan is constantly at risk by natural disasters such as earthquakes, tsunamis, or typhoons. As a result, the Japanese have learned to prepare for this uncertainty. Natural disasters have an adverse affect on Japan’s economy. In the 1980s, “Japan was the world’s second largest economy”...
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Introducing new items is a typical strategy for many organizations to maintain core capability and market share, but those organizations face a problem that can be very expensive and risky. A product is whatever that can be offered to a market for consideration, use or utilization that may satisfy a need or want. The main objective of marketing is to...
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Amazon is among the four great Big Tech companies dominating market. In recent years, these Big Tech companies have garnered scrutiny at home and abroad. Google ran afoul with the European Union resulting in $9 billon dollars in fines. Facebook has received criticism for failing to address fake news story on its platform. These two giants while increasingly powerful deal...
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Costco is one of the largest retail brands in the United States. Being a retail brand, it faces stiff competition from other players in this industry, such as Loblaws as well as Walmart among others. However, despite Costco having such a colossal success level, it doesn’t invest in technology, human resources, or even in advertising; instead, it focuses on customers’...
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Due to the high efficiency of Standard Oil (high quality and low prices), the company's share of the oil products market grew from 4% in 1870 to 25% in 1874 and to about 85 per cent in 1880. All these features characterized Standard Oil as a monopoly. Was John Rockefeller's plans to become a monopolist initially? Not really. His actions...
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The LEGO Company is a very good example of the importance of understanding the target market. The main target market for the LEGO Company is children between the ages of 1-15 years. Having said this, whilst kids are the main target audience for the LEGO company, LEGO understands that parents are also the key target market for their business. Four...
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In Kenya, the need to improve tax compliance has been necessitated by the need to increase government revenue, bridge the widening budget deficit and generate adequate revenues to pay debts. While as, taxpayers are generally aware of their obligations and need to make their contribution towards raising the government revenue, there is a growing consensus on focus to role of...
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