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Business
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Business Alliances
Business Alliances
In recent years, businesses' engagements in international alliances has been augmented considerably. While the popularity of such cross-border partnerships has stimulated the formation of a variety of collaborative arrangements between firms, this movement presents a paradox for researchers and managers. On one hand, a traditional view of interfirm competition suggests that businesses are naturally involved in fierce competition with their rivals. On the other hand, today's firms—especially multinational players—recognize the benefits of collaborative ventures. From a strategic point of view, multinational corporations (MNCs) have changed their traditional views of competition and have adopted a variety of new and flexible approaches for achieving sustainable competitive advantages. Such a shift in their business strategies has become more vivid today than ever before. In particular, the frequent use of business alliances as an indispensable tool in their strategic repertoire has manifested itself in the global business.
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Business Communication
Business Communication
Germany is one of the most important countries involved in international trade. It is imperative to understand the cultural factors of Germany when involved in business communication. Various cultural factors include language, management methods, and business relationships.
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Business Cycles
Business Cycles
What is a business cycle? As one examines almost any business chart which shows graphically such business data as production, sales, prices, or interest rates, one is impressed with the fact of a wavelike movement. There are ups and downs, and, more than that, the ups and downs manifest a considerable regularity. This is merely a graphical expression of the fact that the history of business is a record of recurrent periods of normal activity, booms, and depressions. Most of the time, business activity in the United States, at least, is found to be either rising from a relatively depressed condition toward a peak or falling from a relatively prosperous condition toward a bottom. This wavelike movement of business has given rise to the theory of the business cycle.
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Business Ethics
Business Ethics
...The usual approach to ethical theory in business ethics texts is to present either in cursory from or sometimes in greater detail the theory of utilitarianism based on the writings of Jeremy Bentham and John Stuart Mill as representative of a more general class of teleological ethics, and Kantian ethical theory related to the categorical imperative as representative of the deotological approach to ethical decision making. These texts then go on to present certain notions of justice, usually going into the egalitarianism of John Rawls and opposing libertarianism of Robert Nozick. They also generally include a discussion of rights, and at times, some variation of virtue theory...
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Business Forecasting
Business Forecasting
"Forecasting" is seeing in advance, or anticipating, future trends. It differs widely both in the degree of anticipation and in definiteness. Sometimes the problem of the forecaster is to anticipate day-to-day changes in the market for some commodity, such as cotton; again, it may be to foretell the course of commodity prices in general during the next decade. In one case it may be sufficient to indicate merely whether the trend will be up or down, while in another case it is essential to decide how sharp the anticipated movement will be. Again, the forecaster may be asked to express an opinion as to the duration of a movement or even its probable extent.
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Business Statistics
Business Statistics
Few statistical series are considered by themselves; rather one series is compared with others, usually interrelated, in order that significant relationships may be brought out, either as sequences or as maladjustments. To attain this objective it is often necessary to put the time series, as originally reported, through various statistical processes. The easiest and simplest way to handle a series of statistical data may be to use the figures reported...
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Business and Politics
Business and Politics
Whenever trouble threatens the world, the American dollar strengthens against other currencies. The strength of the dollar reflects the belief amongst investors that the USA is the country in which capitalism is safest. Such interpretations of the strength of business in the USA are common. The comment attributed to Eisenhower's Secretary of Defence that 'what is good for General Motors is good for the United States' may have been a slight misrepresentation of his remarks. The remark was, however, picked up by many as symptomatic of the degree to which capitalism in the USA is unchallenged. It is indeed the case that most Americans explicitly support a capitalist market system.
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Business in Great Britain
Business in Great Britain
It is particularly difficult to classify the relationship between business and politics in Great Britain. A whole series of fundamental questions about the relationship between business and politics has no easy answers. These questions include how hostile or supportive is the political culture of capitalism, the degree to which the relationship between business and government is institutionalized, and the character of the 'industrial culture' prescribing what should be the purposes of the government- business relationship. Britain was often said by industrialists and commentators before the advent of the Thatcher Government to have an anti- business culture.
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Business in Japan
Business in Japan
The magnitude of Japan's economic success is enormous. A nation of 120 million people living in crowded islands endowed with few natural resources has become the second largest economy in the world, less than half a century after being defeated and devastated in the Second World War. Japanese wages have increased in money terms from levels comparable with third world countries to levels comparable with the United States. It is true that because of the high cost of living in Japan, real incomes when adjusted to take account of differences in price levels are still significantly higher in the USA.
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Division of Labor and Society
Division of Labor
In a division-of-labor society, not only productive geniuses, but everyone is enabled to concentrate on the kind of work for which he is best suited by virtue of his intellectual and bodily endowment. This principle applies to artistic and musical geniuses, to individuals with the kind of rare talents required to perform surgical operations or to be a champion athlete, on down to people whose special advantage may consist merely of such attributes as the possession of relatively keen eyesight or relatively great physical strength.
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Marketing
Nike
...Market segmentation is an essential part in today's business world. It is because not all customers have the same requirement and a market strategy which does not recognize this fact will result business failure. Market segmentation is the process of splitting customers, or potential customers within a market into different groups, or segments, within which customers have the same or similar requirements satisfied by a distinct marketing mix. Nike has been successful in market segmentation for selling their soccer boots, which resulted in a significant market share in that particular product category in recent years...
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Small Business
Small Business
What mattered was the firm's imagined harm to small businesses and small towns. However, while the campaign against Wal-Mart caught the attention of Americans, and while many sympathized with small retailers, relatively few took an active part in opposing Wal-Mart. Most Americans liked the company's low prices. The Wal-Mart controversy laid bare the ambiguous attitudes Americans have long harboured toward small businesses. On the one hand, Americans have held a special place in their hearts for small - business people, their firms, and the individualistic way of life they have been thought to foster. Into the late-twentieth century, some Americans viewed small businesses as bulwarks against too great a concentration of power in the United States.
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Small Business Policy
Small Business Policies
The American national government is in the business of promoting small business. Government agencies help entrepreneurs start and grow small businesses through a smorgasbord of programs providing financial assistance such as loans; help obtaining government contracts including the set-aside of contracts for bidding by small concerns; and management and technical support. Unlike government programs for farmers and big businesses which are usually invisible to the citizenry, small business aid programs are extremely visible and intentionally so. The nation that lacks an explicit industrial policy not only employs industrial policy tactics to aid small firms, it even has an explicit small business policy. That policy is to “aid, counsel, assist and protect” small business.
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