...Style Gestures and body language Naming Business Cards Meetings Hierarchies Relationships and respect Do’s and Don’ts Sources 2 23/04/12 Basic facts In general Capital: Tel Aviv Area: 22,072 km² Parliamentary democracy Population: 7.8 million 75% Jewish 20% Arab 5% others Human development index : 0,88 (GER 0,91) 3 23/04/12 Basic facts Economy GDP: $245.266 billion (GER: $3.306 trillion) GDP by sector: agriculture (2.7%); industry (31.7%); services (65.6%) Per capita : $32.297 (GER: $44.729) Unemployment: 5.5% (2011) Population below poverty line: 24% 23/04/12 4 Hofstede’s Dimensions PDI: Israeli’s are very egalitarian IDV: individual success and family are both important MAS: smaller gap between men’s and women’s values UAI: foreign politics 23/04/12 5 Time Business hours Full time work hours are generally 40-45 hours per week in a 55.5-day week. The work week begins on Sunday and ends on Thursday, or Friday at noon. On Saturday (the Jewish Sabbath) almost all businesses and offices are closed. Punctuality expectations depends on cultural background, from right on time to very flexible. It is best to avoid being more than 10 to 15 minutes late 23/04/12 6 Communication and Business Communication Style Gestures and body language Naming Business Cards Meetings Hierarchies Relationships...
Words: 692 - Pages: 3
...Many factors play into the consumer behavior of the consumer. Successful marketers take into consideration the beliefs and culture of the buyer, as well as the family situation and even the psychological outlook of the purchase. Reference group is a group who’s perspective and individual takes on in forming values, beliefs, attitudes, opinions, and overt behaviors (pg.499). Reference groups can influence an individual’s cognitions, affective responses, and behaviors. As a consumer, your decision to purchase and use certain products, is influenced not only psychological factors, your personality and life-style, but also by the people around you with whom you interact and the various social groups to which you belong. The groups with whom you interact directly or indirectly influence your purchase decision and thus their study is of great importance to marketer to understand. Primary and secondary reference groups is one with which an individual interacts on a regular basis and whose opinion is of importance to him such as, family, neighbors, friends, colleagues and co-workers. Secondary reference groups are those with which an individual interacts only occasionally and does not consider their opinion very influential. Formal and informal reference groups are groups such as labor unions, social clubs, and societies are types of formal reference groups to which individuals may belong (pg 500-501). A formal reference groups has a highly defined structure, specific roles and authority...
Words: 851 - Pages: 4
...in this assighnment i will talking about different types of market structers including monoply,oligoply,monopolistic and perfect compotition and how they have a direct relationship with pricing and output decisions the other subjects i will talk about and demonstrate examples are culture and its meaning and how it effects market desicions ,internatinal trade and the importence of it to buisneses i will talk about political ,economical social technecoligcal also known as pest for short i will talk about the europeon union and the impact it does on uk and its buisnesses. market structures are: the number of agents in the market, both sellers and buyers; their relative negotiation strength, in terms of ability to set prices; the degree of concentration among them; the degree of differentiation and uniqueness of products; and the ease, or not, of entering and exiting the market. the common market structers are Monopoly: are Companies which are goverment owned or when a single company or group owns all or most of all the market for a given product or service.entry for other players are not allowed or have very high barriers. example in the us for microsoft is a monoply becuase it owns all or most of the software market and has a high barrier to gain entry into the market. Oligopoly:the Uk and other countries the people buy their food from different franchises for example mcdonalds,kfc,pizza hut and nandos etc. in this structure the buyers are many, sellers are few, and competition...
Words: 2022 - Pages: 9
...big too fast and never planned on this rapid growth. They were not prepared for what the growth entailed and made several large detrimental mistakes along the way. Wal-Mart opened its doors in 1962 by founder Sam Walton. In just 5 short years he had expanded his company to 24 stores in its home state of Arkansas. Wal-Mart saw increasingly rapid growth in the United States and expanded to international territories in the 1980s. Wal-Mart has become the world’s largest corporation and is consistently listed as a Fortune 500 company. Given its size Wal-Mart handles relationships with stakeholders, unions, communities, religous affiliations, and political groups. Wal-Mart is constantly in the public eye and is being criticized for its business policies and procedures. These complaints have stemmed from worker’s compensation law suits, employee benefits lawsuits and failure to comply with the equal employment opportunity act. Advocacy groups called Wake-Up Wal-Mart and Wal-Mart Watch were formed in 2005 in efforts of bringing realization to Wal-Mart’s disgrunteled employees (cite pg3#3). These groups aimed to educate the community of the wrongful doings of Wal-Mart urging the m to question the company’s moral. These groups wanted to force the company to improve its practices for their employees, customers, and community in a more ethical way. The publics view from all the negative publicity Wal-Mart began receiving was beginning to catch up with the company. Wal-Mart...
Words: 1431 - Pages: 6
...Topic: Examine groupware systems including their various types and examples of organisational activities they support, and discuss how they would evolve in the future. Student number: 21819254 Introduction Nowadays, usage of IT systems in enterprise environment is growing at an incredible pace. The main purpose of it is to help groups of cooperating individuals to overcome time and spatial barriers. Enterprise systems implementation has led to the problem of cooperation between companies to reach their goals and successfully operate in the current market environment. The rising demand for collaboration software has led to the groupware market expansion. Collaborative software has influenced the expansion of enterprises by improving the effectiveness of a range of tools such as the ability to communicate over long distances. This software had a significant impact on expansion of enterprises and increased efficiency of its work, for example, the communication over long distances. Along with development of technologies, the way workers operate in organisations has completely changed. Monotonous and time consuming tasks can be easily solved using the computer. Consequently, this change led to increase in the number of “knowledge workers”, workers, whose main capital is knowledge (Davenport, Thomas, 2005). Organisations more often require employees, who have the skill and experience of working within a team. Obviously, teamwork has a significantly greater efficiency, especially in...
Words: 3122 - Pages: 13
...Manage Personal Work Priorities and Professional Development BSBWOR501A Darya Nadtochiy Assessment activity 1 Part A 1. Two characteristics of a positive role model are: * demonstrate sympathy and forgiveness * be able to develop efficient habits Sympathy: Working at the «Absynthe» restaurant I used to be at the different roles as a worker. Started from waitress that was a simpliest one and did not suppose to have many cirtain skills. When a quiet period started it wasn’t nessesarily to keep a lot of staff so our boss decided to cut the staff off. I was in a bad position as long as I was less experienced then other team members. But I was passionate of this job and learned many things day buy day treated my job not just the way to get money but as a good place to get a qualification and become a professional in hospitality industry. The manager was noticing it and had a conversation with the boss to explain my potential and why they should keep me but others. Forgiveness: We hired new waitress who did not really cares about doing her job properly and deliver excellent customer survice that everyone has to do at the fine dining restaurant. She did everything what I told her to do but did not tried to grow up and not to make me always keep an eye on her to make sure everything done giving me double work. To consider it I suggested to the boss replaced her to make her responsible for the bar so she kept her job and team work bacame more effective...
Words: 3343 - Pages: 14
...OXFORD HOUSE COLLEGE MBA Assignment INTERNATIONAL BUSINESS ENVIRONMENT “ The Contrasting Perspectives and Interests of Developed and Developing Coutries with Respect to Global Trade Liberalisation” by HAKAN AYDIN London MAY 2010 International trade is one of the international political economy’s most controversial subjects. The trade structure is the set of relationships between and among states, international organisations, international businesses and nongovernmental organisations that together influence and manage international rules and norms related to what is produced, where, by whom, how, for whom and at what price. Together with the international financial, technological and security structures, trade links states and other actors, furthering their interdependence, which benefits but also generates tension between and among these actors and different grroups within them. International trade is a process that occurs when goods and services cross national boundaries in exchange for money or the goods and services of another nation. Trade is always political and the most debated topic in international political economy. In the absence of a world government, cross border trade is always subject to rules that must be politically negotiated among nations and sovereign in their own realm but not outside their borders. (Kuttner Robert and Knopf, 1991, p:157) International trade ties countries together, and in so doing, generates...
Words: 3792 - Pages: 16
...UNDERSTANDING THE SUBPRIME LENDING The term "subprime" refers to the credit status of the borrower, which is being less than ideal. Subprime lending is a general term that refers to the practice of making loans to borrowers who do not qualify for the best market interest rates because of their deficient credit history. According to the U.S. Department of Treasury guidelines issued in 2001, "Subprime borrowers typically have weakened credit histories that include payment delinquencies i.e. non-payment of the mortgage, and possibly more severe problems such as charge-offs, judgments, and bankruptcies. They may also display reduced repayment capacity as measured by credit scores, debt-to-income ratios, or other criteria that may encompass borrowers with incomplete credit histories." This is when the borrowers have a poor credit history that is they are bad borrowers. Subprime lending is also called B-Paper, near-prime, or second chance lending, as the borrowing is done to customers with a poor credit history or no credit history without any security in return of the money lending. Subprime lending encompasses a variety of credit instruments, including subprime mortgages, subprime car loans, and subprime credit cards, among others. A subprime loan is offered at a rate higher than A-paper loans due to the increased risk. Subprime lenders To access this increasing market, lenders often take on risks associated...
Words: 13058 - Pages: 53
...Secretari:Jose M. Cabré Garcia Empresa y entorno economico(EEE) QUALIFICACIÓ Qualificació numèrica: Qualificació descriptiva: Data: INDEX CHAPTER 1: INTRODUCTION CHAPTER 2: VERTICAL INTEGRATION 2.1. VERTICAL INTEGRATION 2.2: THE THREE A’S OF A SUPPLY CHAIN EXCELLENCE 2.2.1: AGILITY 2.2.2: ADAPTABILITY 2.2.3: ALIGNMENT 2.3: PORTER’S ANALYSIS 2.4: EXAMPLES: WAL-MART AND DELL CHAPTER 3: THE SYSTEM LOCK-IN 3.1 THE DELTA MODEL 3.2: THE SYSTEM LOCK-IN 3.3: EXAMPLE: FORD MOTOR CO 3.3.1: FORD MOTOR CO LOCK-IN CHAPTER 4 : ZARA 4.1 ZARA’S HISTORY 4.2 BUSINESS MODEL 4.2.1: PORTER’S ANALYSIS ON ZARA 4.2.2 PRODUCT LIFE CYCLE CURVE 7 9 9 13 15 16 17 19 30 36 36 39 41 42 45 45 47 47 49 1 4.2.3: KEY FACTORS OF SUCCESS 4.2.4: STRATEGIC DRAWBACKS 4.2.5: LOGISTICS AND SUPPLY CHAIN 4.2.6: STRATEGY 4.2.7: OPPORTUNITIES 4.3 THE MATHEMATICAL MODEL 4.4 FINANCIAL DATA 4.5 COMPETITORS CHAPTER 5 : BENETTON 5.1 BENETTON’S HISTORY 5.2 BUSINESS MODEL 5.2.1: STRENGHTS 5.2.2: WEAKNESSES 5.2.3:PARTNERSHIP 5.2.4: INTEGRATION 5.2.5: SUPPLY CHAIN HISTORY 5.2.6: NETWORKED MANUFACTURING 5.2.7: POSTPONEMENT IN DYEING 5.3: INFORMATION SYSTEM 5.3.1: THE SHOP 2 50 51 54 59 65 66 71 73 76 76 83 83 84 88 90 91 93 94 96 99 5.4: FINANCIAL DATA...
Words: 43564 - Pages: 175
...Innovative Business Practices Innovative Business Practices: Prevailing a Turbulent Era Edited by Demetris Vrontis and Alkis Thrassou Innovative Business Practices: Prevailing a Turbulent Era, Edited by Demetris Vrontis and Alkis Thrassou This book first published 2013 Cambridge Scholars Publishing 12 Back Chapman Street, Newcastle upon Tyne, NE6 2XX, UK British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Copyright © 2013 by Demetris Vrontis and Alkis Thrassou and contributors All rights for this book reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the copyright owner. ISBN (10): 1-4438-4604-X, ISBN (13): 978-1-4438-4604-2 TABLE OF CONTENTS Chapter One ................................................................................................. 1 Knowledge Hybridization: An Innovative Business Practices to Overcome the Limits of the Top-Down Transfers within a Multinational Corporation Hela Chebbi, Dorra Yahiaoui, Demetris Vrontis and Alkis Thrassou Chapter Two .............................................................................................. 17 Rethinking Talent Management in Organizations: Towards a Boundary-less Model Carrie Foster, Neil Moore and Peter Stokes Chapter Three .......
Words: 128975 - Pages: 516
