...Table of Contents 1. Introduction 1 2. Cultural Dimensions of Pakistan 2 2.1 Hofstede’s Study 2 2.2 Trompenaar’s Dimensions 5 2.3 GLOBE Study 6 3. Communicating Cross Culturally 7 3.1 Proper Greetings 7 3.2 Introductions 7 3.3 Touch Behaviour 8 3.4 Taboos 9 3.5 Entertaining 9 4. Management Issues in Pakistan 9 4.1 Leading 9 4.2 Motivation 12 5. Negotiating in Pakistan 13 6. Expatriates in Pakistan 15 7. Managing Social and Ethical Issues in Pakistan 18 7.1 Conflict of Development 18 7.2 Conflict of Tradition 18 7.3 Conflict of Interest 19 8. Conclusion 21 References 22 Appendix 1 – Map of Pakistan 23 Appendix 2 – GLOBE Study 24 Appendix 3 - Supplementary Information 26 Appendix 4 - Important Contact Information 28 1. Introduction Pakistan was one of the two original successor states to British India, which was partitioned along religious lines in 1947. For almost 25 years following independence, it consisted of two separate regions, East and West Pakistan, but now is made up only of the western sector. Both India and Pakistan have laid claim to the Kashmir region, and this territorial dispute led to war in 1949, and again in 1965, 1971, and 1999, and remains unresolved today. Pakistan is situated in the western part of the Indian subcontinent, with Afghanistan and Iran on the west, India on the east, and the Arabian Sea on the south. The name Pakistan is derived from the Urdu words Pak (meaning pure) and...
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...Part 3: Business Quality – 5 Practice Principles By: Gautam Borah Abstract: “Business Quality – The Fundamentals”, is the first treatise in the series of Business Quality. The first part contended a new Postulate on Quality which addresses the need of an organization and customer in the current global scenario of business. The title “Business Quality - The Delivery Model” is the second treatise on the subject of Business Quality. This is the third part titled “Business Quality – 5 Practice Principles”. This part delineates the principles on which the Business Quality is predicated. The treatise proposes 5 principles which can help an organization to create the DNA of Business Quality. Introduction The first treatise in this series of Business Quality discussed the notion of Quality in the context of current global business environment and a new postulate has been reprised. The second treatise delineated a Delivery Model for the postulate. This article is the Part 3 of the same series which illustrates the Practice Absolutes of Business Quality. The intrinsic notion of the practice principles The principles presented in this article are at practice levels. Unlike strategic principles, the practice principles aim at execution and will assist the organizations to build a culture of business Quality. Besides, practiced with a suitable monitoring and measurement system, these principles will act as the operational building blocks to sustain the Business Quality initiative...
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...required to write a piece of advice to a group of Level Three business students on the usefulness of innovation management and new product development in an essay format. The topic of the essay is “what skills should a business graduate acquire about innovation management in order to advance their career development and employability”. "We live in a society where technology is a very important force in business, in our daily lives. And all technology starts as a spark in someone's brain. An idea of something that didn't exist before, that once they have invented it —brought it into existence — could change everything. And that activity is generally one that's not very well supported." - Nathan Myhrvold, CEO, Intellectual Ventures From a 2010 interview with Harvard Business Review Introduction In the development of new businesses today, initiatives that spur knowledge-based competitions amplify the importance of boundary spanning activities and tactical coalitions, which cause organizations to focus more on institutional knowledge, system improvement and knowledge management (Quah, 2001). This essay will help the level 3 business school students to understand the required skills about innovation management to to advance their career development and employability. An innovation is something that is new. You are required to write a piece of advice to a group of Level Three business students on the usefulness of innovation management and new...
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...Level 3 Unit 18 Managing a Business Event The Omega Dubai Ladies Masters Golf Tournament 2015 Meshary Ghouth P1: Describe the skills required of an event organiser. * Time management * Organization * Attention to detail * Ability to creatively solve problems * Flexibility * Leader ship * Determination * Communication * Cope with stress * Staying calm at all times This is my initial list of the skills required but an event organiser. Then we had a class choice to create the final list. Skills | Describe | * Time management | Time management Is a Key thing to have in an event organiser, you need to be able to stick to deadlines so that what you need to be done is done at the right time. Step by step plans and goals to make for each weak is a good idea to do when managing your time because you’re able to work off something and tick off the things that are done. | * Staying calm at all times | Sometimes you are hit with a lot of things at the same time when being an event manager, if you freak out, it’s really hard to focus on one thing at a time, staying calm will help you finish one thing at a time to the greatest of its extent. | * Organization | Organization is a crucial thing in being an event organizer, you need to be able to know what you’re doing each week and stick to the deadlines you give yourself or that is giving to you, also making sure that everything is happing to your needs and knowing...
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...Strategic Plan, Plan I: Conceptualizing a Business Creating a strategic plan for a business is necessary for long-term success of a company. A strategic plan should include a business’s vision, mission, and values that implicate the direction of the company. The mission statement would identify the type of business that is being proposed, the products or services that is introduced, and recognizing the target customers. The vision of any organization must be clearly demonstrated by the decisions made and the intended direction of the business for the future. To define the principles or values for the company, the leader must consider the topics of culture, social responsibility, and ethics. All three aspects, the mission, vision, and values will guide the organization’s strategic direction. By evaluating customer needs and analyzing the strengths of a company, the business can achieve competitive advantage and become successful. The mission statement for Everything Concrete: Everything Concrete is a local company that handles all your cement needs. The purpose of this company is to provide the ultimate experience for consumers in need of assistance for their concrete projects. In doing so, the company will strive to provide satisfactory service, adhere to customer demands, and conduct business using exceptional morals and ethics Everything Concrete is a business that uses materials to construct buildings, driveways, sidewalks, patios, curbs, etc. We will use the...
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...Introduction This presentation will explain the Technology Plan for Club IT. Club IT needs to get their business to where it needs to be and to fulfill their goals. Club IT has been struggling with productivity, clientele, and promoting their business because of simple technology issues that can be easily fixed and improved with beneficial Information Systems. The goal is to offer an easy and affordable way to help the business grow and also make things run much smoother. These changes are necessary to ensure that the business thrives in the way that it needs to. Club IT Description Club IT is a night club that caters to many people looking for concert events, music, dancing, drinking, food and fun. They are hoping to get on track as far as their systems are concerned and depending on how well this works out for them, they are hoping to open another location. The owners are Ruben and Lisa and they are very invested in their business, as are all of their employees that work for them. It is imperative that we get all of their current inventory updated and new systems installed so that they can start to see the benefits of this program. Goals and Strategy There is now a clear idea of what needs to be implemented in order to make sure Club IT runs efficiently, gain and keep clientele, achieving the goal so that Club IT can profit. In order to achieve the goals that the owners have stated, it will be...
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...Sheet1 EU Glb Pref Rank Rank MBA School 1 5 12 IE Business School 2 2 5 INSEAD 3 3 7 IESE Business School 4 1 2 London Business School 5 6 13 Cambridge Judge 6 7 16 HEC Paris 7 8 19 Esade 8 9 22 Oxford Said 9 4 20 IMD Country Salary Tuition Addl Cost Total Cost GMAT Spain 146000 67000 25000 92000 680 France 148000 67000 25000 92000 704 Spain 143000 93000 25000 118000 672 UK 156000 97000 25000 122000 698 UK 144000 57000 25000 82000 680 France 120000 63000 25000 88000 689 Spain 120000 75000 25000 100000 670 UK 133000 54000 25000 79000 698 Switz 142000 63000 25000 88000 670 Page 1 Sheet1 Appl Deadlines Rolling Admission – May 30th 4 Mar, 22 Apr, 17 Jun, 5 Aug / 16 Sep, 14 Oct 3 Mar, May 19 / Oct 7, Jan 10 27 Feb, 17 Apr / Oct 1, Jan 1 6 Mar, 1 May / Sep, Oct, Jan Rolling Admission 9 Feb, 2 Mar, 13 Apr, 18 May, 15 Jun 13 Mar, 24 Apr, 29 May 1 Feb, 1 Apr, 1 Jun, 1 Aug, 1 Sep Program Starts September and January 01 Jan 2016 01 July 2015 18 August 2015 01 Sep 2015 September and January 01 Sep 2015 01 Sep 2015 Onsite interview Page 2 Info Mgmt 1 2 4 3 9 5 6 8 7 Intl Entrprnr Innvtn Mgmt 1 2 3 2 1 1 4 5 6 3 3 2 6 8 4 7 9 7 9 7 9 8 6 8 5 4 5 Sheet1 Ldrshp Strtgy Overall 4 3 14 1 1 8 5 5 29 2 2 15 9 9 45 7 6 41 8 7 46 6 8 44 3 4 28 Page 3 Sheet1 Essay Questions http://www.vibranture.com/essay/insitituto-empresa-mba-essay-writing...
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...“Profits Aren’t Everything, They’re the Only Thing” I chose the book “Profits Aren’t Everything, They’re The Only Thing.” A basic understanding of the book relates to the authors strict authority towards business operations, and how implementing an attitude of “survival of the fittest” enables the survival of small-medium size businesses. The author provides multiple examples of how he and his company solved each problems relating to businesses that is on the brink of failure. By implementing his ideal, the author believes your company will survive, along with great rewards in the future. The book starts off in chapter 1 by introducing himself and his company, American Management Services, they have been working for decades to help save Main Street Businesses. The truth at the beginning of the chapter is YOU’RE the fault for your business failures, do not blame recession for your failure, you are the ultimate factor in determining your businesses survival. You must challenge yourself constantly in order to set the tone of the top. This means coming in on Saturdays, or Sundays to work instead of fishing or golfing. No one should know about your financials better than yourself. Keep on task with every details relating to payrolls, expenditures over certain amounts, approve checks going out, etc. These things must be constantly imbedded in order to have a successful business. The chapter also pinpoints another important factor, “Profits Aren’t Everything, They’re the...
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...Functional Areas of Managerial Business MGT/521 Management August 18, 2014 Functional Areas of Managerial Business The main role of a manger should be to make sure every aspect of the functional areas of business is being executed properly. In this paper there will be supporting documented work from peers, articles, and books supporting that thesis statement. By examining the functional areas of business and dissecting each topic, the text should leave you with a better understanding of how a manager should operate. There are seven functional areas of business. They are as follows; management, law, human resources management, leadership, accounting, marketing, finance, research and statistics, economics, operations management, and strategic planning. All are essential when running a business so why wouldn’t the manager have the leading role to ensure that everything is ran effectively? Every function ill be identified and specific roles will be discussed as far as the manager is concerned. Management is strategic planning and overseeing the work of others so goals can be accomplished. The MBA Overview Module video stated, “Managers ensure business success through efficiency and effective use of employees, the business most important resource.” (University of Phoenix, 2012). When it comes to Law, a managers duty is to make sure the operations of the business is in line with all policies, regulations, and procedures as far as the states are concerned. Managers...
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...Amazon.com’s e-business Model Yasmar E. Figueroa Prof. Daniel Frost BUS 508, Strayer University April 29th, 2011 Amazon’s Growth 1. Discuss the pros and cons of Amazon’s growth and diversification of business and specialization, and make recommendations about what Amazon could have done differently. Amazon has diversified immensely in the past years; its products and ventures provide variety for the customers. The benefits of this growth and diversification is that is expanding its horizon, trying to reach to more customers and people that may be looking for something more than books; because of the service that they have provided during the years the customers feel comfortable buying on the site and believe in the quality of the products and services that they provide. Another benefit is the fact that in the state that the economy is right now, it is a good an idea to be diverse and have variety in your business. That means that you have different sources of income that can help the company through tough times; therefore if one of the businesses is not doing that good or is going through tough times the company has those other businesses that can keep the company afloat. But being too diverse can also be dangerous to a company; new ventures mean that attention needs to be put into that particular project while running your already existing operations. Sometimes diversifying too much or having too many ventures at the same time can make a company lose its focus...
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...relationships, where based on the definition of ‘being willing to depend on the behavior of others and accept a certain vulnerability, assuming that others will not betray us’, so when that ‘other’ person betray you, you are in front of a disloyal person that you cannot rely on him or her. What concepts did you choose to ilustrate the issue you have chosen? The main concepts that we chose and the main reasons were: * Trust We used this concept because they were friends, and Nicolas didn’t have the money to started the business, so their friend trust in all the effort that he put in developed the business and they put more money or their pockets to pay the part of Nicolas. * Fear We used the term Fear, because George worked for more than 2 years to get that money and he felt fear to loss that amount of money, that he worked so hard to get it. * Intuition This concept it used because George had an intuition about that something was missing in the business plan, that was only because he didn’t know all the process that Nicolas follow, George always had been a person that need all in control. * Empathy This concept we used in the situation were George and Rodrigo put the money for Nicolas, they understood that Nicolas didn’t have the money, so they put on his place and with an empathy thought said that they paid for him. * Uncertainly This term we used in the final situation when George said to Nicolas that had a relationship with...
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...Business Research Ethnics Res/351 Week 2 Business research Ethnics a very extremely valuable operation that every company must conduct from small businesses to large businesses if the business wants to succeed and grow. Understanding the business, many industries will understand the reason why everything should be done before consideration your own business or working for a business. The business Research history has been around for a long time, which all businesses goes through the business research and plays a strict role in managing a business. Business research provides information to make correct decisions, and the best decisions for a company, whether a small company or a large company. In business research a company have to follow the proper guidelines in order for the company to run smoothly. If a business does not follow the proper guidelines then the business could mislead many opportunities such as growth, funds, and most of the company planning could ruin the company to go out of business. There have been many times where unethical issues have occurred, and the reason this has occurred is because the companies are not having the correct business research ethnics. * Summarize the business research project or article. Enron was a very large company which was an American Energy trading and Communication company that was based in Houston Texas. The company was first started in 1985 by Kenneth Lay, which he thought at the time was a good idea to merge with...
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...Business Research Ethnics Business research Ethnics a very extremely valuable operation that every company must conduct from small businesses to large businesses if the business wants to succeed and grow. Understanding the business, many industries will understand the reason why everything should be done before consideration your own business or working for a business. The business Research history has been around for a long time, which all businesses goes through the business research and plays a strict role in managing a business. Business research provides information to make correct decisions, and the best decisions for a company, whether a small company or a large company. In business research a company have to follow the proper guidelines in order for the company to run smoothly. If a business does not follow the proper guidelines then the business could mislead many opportunities such as growth, funds, and most of the company planning could ruin the company to go out of business. There have been many times where unethical issues have occurred, and the reason this has occurred is because the companies are not having the correct business research ethnics. * Summarize the business research project or article. Enron was a very large company which was an American Energy trading and Communication company that was based in Houston Texas. The company was first started in 1985 by Kenneth Lay, which he thought at the time was a good idea to merge with Houston Natural...
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...The following is a final business report about my company, and my feelings on the business project this semester. The name of my business is Bass and Treble Music Company. I chose Bass and Treble for the name of my business because, in music, there is a bass clef and treble clef. These two clefs are symbols used to show if the notes are in the lower or higher spectrum of music. I thought it would be clever to use something musical in the name for a music company. I am the owner of Bass and Treble Music Company. I am in charge of, basically, everything. I have to make sure the business is running smoothly, and all of my employees are working efficiently to make sure the customers are fully satisfied. I am also the person that verifies everything...
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...Strayer university | Assignment 1: The Business Environment | Business and the Economy | BUS100Demetrius Carolina | Malcolm Johnson | 2/4/2013 | | | The business environment has grown tremendously in the past century. It has become a vast outlet for many to start their own, in this essay I will explain the role, advantages and disadvantages of business in the economy The Role of Business in the economy is the main component because our economy is capitalistic. Business is in every sector of the market. Everything that is thought of that relates the economy is business. For example retail, services, agriculture, manufacturing, health care, even political campaigning all involves business. Without business, humans would have to completely fend for themselves for absolutely everything. This is why people create trade with each other. Instead of having to provide ourselves with everything, we can focus on producing one product or expertise. We can then specialize in that product or expertise to make it the best in the market and then sell it for a profit. In business the Factors of Production or natural Resources which includes all in puts that offer value in their natural state, such as land, fresh water, wind, and mineral deposits. Capital which includes machines, tools, buildings, information, and technology, the synthetic resources that a business needs to produce goods or services, Human Resources this factor encompasses the physical, intellectual, and creative...
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