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QUESTION 1
(a) Explain the following terms relating to culture; power distance, individualism versus collectivism dimension, masculinity versus femininity dimension(b) Explain the following terms with relevant examples; patent, trademarks and contractQUESTION 2
(a) Explain the main types of legal systems(b) Explain the following terms; import quota and subsidy
QUESTION ‘Although the elegance and comprehensiveness of transactions costs reasoning has provided the internalisation approach with a powerful logic (Rugman, 1981, 1985), it i
QUESTION An area where telecommunication is gaining ground among businesses and academics is video-conferencing. However Video-Phone systems have existed for years, but have no
Do you think global businesses would be willing to subscribe to a global code of conduct? why or why not?
QUESTION (a) Explain how effective teamwork is beneficial to both the individual and the organisation. (b) Team leaders must be on the lookout for symptoms of ineffective te
State the organizational and personal managerial decisions. Organizational and Personal decisions: A manager creates organizational decisions into the capacity of a compa
XYZ Limited is a store that buys computer components at low prices, assembles the components into computers, and then sells the computers at high prices. Each computer is assigned
QUESTION Outline five (5) different principal risks that banks normally face in their day to day business and explain the different Risk Management techniques used by them to m
1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
Question 1: (a) ‘Decisions should be thought of as a means rather than ends. They are manager's responses to problems and the results of a process of thought and deliberati
Describe advantages and disadvantages of holding inventory You are the Logistics Manager for a Spanish retailer of sports clothing and equipment (shirts, shorts, swimwear, train
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