...The United States has had one of the largest economic system in the world, while Russia is not far behind them. There are many similarities between the United States and Russia’s government, like their constitutions. Yet, they still have many differences for example; they both have different political problems that each of their nations are facing. Both Russia and the United States have had their issues economic wise however the Russian government is more of admonitory than an aspirational for the United States. Russia’s geography and physical features heavily affect its economy because of its difficulties in trade, ability to protect its land, and ability to produce farming goods. Russia’s geography has a lot to do with its difficulty in trade. Russia is not a completely land locked country but because of its vast area and lack of large rivers with in the county it makes it harder to transport goods from place to place (Caratan). Rivers are one of the main sources of trade because they are easy to transport good. Russia only has one major river throughout the country and it leads to a “dead end sea”. Russia spends a lot of their time and effort on their military and building transportation infrastructure. The ports that Russia has is nothing compared to the United States, a majority of the year the Caspian Sea is...
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...The Cold War and the United States Diplomacy Name: Institution: The Cold War and the United States Diplomacy The Cold War was the state of military and political tension between Western countries, especially the United States, its NATO allies, and the communist nations, particularly the Soviet Union and other satellite states. The war began after World War II had got to an end. The Cold War was named so since it did not feature any form of military action. The countries in this war possessed nuclear weapons and any form of war would have led to serious destructions on both divides. The relative calm between these countries was sometimes followed by high tensions, which would have emanated into a war but did not (Gottfried & Reim, 2003). The following essay will look at what the U.S. did during that time, as well as summarize the situation that required U.S. diplomatic efforts during the president’s time in office. In addition, the essay will describe the effect of these diplomatic efforts for the U.S. and other countries as well as assess, in conclusion, the advantages and disadvantages of the particular doctrine that was followed. What the President Did During That Time During the cold war, the president was Ronald Reagan. He, together with members of his administration, came up with a strategy designed to oppose the influence that the Soviet Union had in the world. It came to be referred to as the Reagan Doctrine. This also came to...
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...ignorant about the country and its’ business relations and lack thereof. This paper will focus on research, data analysis and identifying Russia’s major elements and dimensions of culture, aspects and dimensions integrated by locals conducting business, contrast to that of US culture and businesses and implications for US businesses that wish to conduct business in Russia. References will be provided through discussion of interviews from actual residents from within different districts throughout Russia, as well as work attire, women in the workforce, examine Russian self-employed, women’s experiences, communication, interpretations, expectations of gender employment and various social schemes. This should prove to broaden a basic understanding of foreign and cross border relationships and assist with an understanding of business practices in Russia. What are the major elements and dimensions of culture in this region? Ethics When discussing Russia and their corporate ethics contrast to that of the United States there are quite Russian ethics are quite different and separate in terms of being an individual. Self grooming is a must. Corporate leaders are expected to maintain all standard pertaining to grooming. An individual’s appearance such as haircuts and certain lengths, cleansed nails and dress. Russians believe in first impressions so much that will make a deal based upon their first meeting with you. This is developed and mentored...
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...knowledge and ideals on the Ottoman, Russian, Qing, and Tokugawa states in the nineteenth century. Why would these states be both attracted to and repelled by these influences? The Tokugawa, Ottoman, Russian, and Qing states were slower with acquiring technological advancements than Western Europe and America, which made it quite complex while competing with others. The Tokugawa, Ottoman, Russian, and Qing societies (states) developed flexible cultures that were unable to compete with America or Western Europe. 46. Not surprisingly, losses in wars often are more important than victories. How were the Ottoman, Russian, Qing, and Tokugawa states affected...
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...cultural relativism and how it effects our views on what is and is not ethical. While each culture has their own values and morals which leads them to believe what is ethical this does not always give someone a way out when it comes to the law or in a group other than the society they grew up in. It is important to know about the area you are in and know how each culture works. It is important to continue learning about other cultures. Learning about other cultures and societies will also help you see things differently than how you were taught while growing up. One of the social issues that each culture handles differently is cheating. This is depict in the comic that was assigned to this assignment. On the board in the classroom it states, “How important are ethics in today's society?” The students are trying to copy off of another student. This falls under academic dishonesty at Franklin University. While each student at Franklin University come from different parts of the world, cultures and social standing we each enter college and are explained what code of conduct is expected out of us. It is in black and white with the repercussions laid out for us in the APA...
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...to individual liberties. Throughout human history there have been some rulers who used fear and terror to gain control of his people, unfortunately these people used the intelligence they had to gain power bringing sorrow, misery and a lot of times death for many people. Mark Twain (1896) stated that ‘History doesn't repeat itself, but it does rhyme’. As mentioned by Rickards (2012), ‘Petty tyrants as well as dictators are vulnerable to a belief in their own invulnerability’. What is the United Nations doing to become Putin vulnerable? Waiting a worst case scenario? What is going to happen in the future? Are we going to have a World War 3? Germany and France trying to protect Russia It was obvious that Russia supported the separatist militants in the region, while on the other hand it was trying to deny this support. At the same time, the Russians joined Germany and France in a diplomatic effort to promote a political agreement within Ukraine that takes into account the interests of Russia. Expanding relations with BRIC countries Putin, on the other hand, expanded its relations with China, gaining moral support from other BRIC countries (Brazil, India, China, South Africa) and also strengthening old and making new friends in Latin America. My Personal Learning with Putin’s Style of Leadership In business life, as mentioned by Rickards (2012), leaders are focused to achieve economic goals and unethical behavior happen if businesses are economically disadvantaged for executives...
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...Topic 1: Scientific Management How was Taylorism received outside the USA? Contrast the reception of Taylorism in two different countries, one western, one Asian, in your answer. Introduction Before looking in to whether scientific management has always been successful outside of USA, there is a need to look at scientific management when Frederick W. Taylor first introduced it in the late 1890s and early 1900s. Started experimenting at Midvale Steel Company where he tried to improve the efficiency of the workers for increased productivity, he has then already faced the problems and critics of his scientific management that it is still facing today. This includes the time study of work to define the optimal standards for workers while using stopwatches and other devices; critics are against this as they feel the method in measuring performance violates the fair treatment of workers. While it is safe to say that Taylor was a central figure in the development of management thought where his emphasis on efficiency using scientific management, it must be stressed that many others who have applied it, has also adapt and refine additional methods to suit their needs contribute to the success of scientific management (Wren & Bedeian 2009). This paper seeks to discuss how Taylorism is received outside USA as well as compare and contrast the receptivity of Taylorism in Russia and Japan. The global spread and development of Taylorism in the 1950s and 1960s greatly enhanced...
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...Assignment on “Meet the BRIC” Case Study | ITB 301Section: 3Spring 2012Submitted to:Salma AkterLecturerDepartment of Business Administration.East West University, Dhaka.Submitted byArafat Rauf2009-2-10-345Date of Submission: 28th March 2012 | Letter of Transmittal March 28, 2012 Salma Akter, Senior lecturer East West University Subject: Submission of Assignment on “Meet the BRIC” case study Dear Madam, I have prepared an Assignment on “Meet the BRIC” case study. It was an energizing experience throughout the semester and preparing this assignment further enhanced my insight about International Business. I hope that this report fulfils your requirements and your feedback is very much necessary to overcome my faults and lacking. This will help me in my entire life. It is my pleasure to carry out this assignment under your supervision. I would like to request you to accept my report for further assessment and I will be available to answer any question for clarification. Thank you for your sincere support. Yours sincerely, Arafat Rauf 2009-2-10-345 Table of contents Title | Page number | - BRIC | 4 | Economic growth of BRIC | 7 | Question 1: Map the proposed sequence of the evolution of the economy of the BRIC’s. What indicators might companies monitor to guide their investments and organize their local market operations? | 8 | Question 2: What are the implications of the emergence of the BRICs for careers and companies in your country? | 8...
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...| | |Comparing and Contrasting Economic Systems | | | | | |Introduction to Sociology | | | | | |The Industrial Revolution changed |How it changed the economy |1900 and Today | |The number of people employed in industrial |The use of machines began to spread throughout |Implementation of the production line | |manufacturing (textiles, iron goods, metal, |the world | | |pottery, etc.) ...
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...five oil companies that we chose from the 2010 Global Fortune 500 are ExxonMobil, Sinopec, ConocoPhillips, Petrobras, and Lukoil. In our project, we performed analysis on the 10K report of domestic companies, as in ExxonMobil and ConocoPhillips and the 20F report of foreign companies, as in Sinopec, Petrobras and Lukoil. A comparison was done on the five companies to determine if there exists a corelation between sustainability perspective and financial performance. OIL INDUSTRY ANALYSIS Oil accounts for a large percentage of the world’s energy consumption, ranging from 32% for Europe and Asia, and 53% for the Middle East. The world consumes 30 billion barrels of oil per year, with developed nations being the largest consumers. The United States consumed 25% of the oil produced in 2007. In 2009, world energy consumption decreased for the first time in 30 years (-1.1%), as a result of the financial and economic crisis (GDP drop by 0.6% in 2009). This evolution is the result of two contrasting trends. Energy consumption growth remained vigorous in several developing countries, specifically in Asia (+4%). Conversely, in OECD, consumption was severely cut by 4.7% in 2009 and was thus almost down to its 2000 levels. In North America, Europe and CIS, consumptions shrank by 4.5%, 5% and 8.5% respectively due to the slowdown in economic activity. China became the world's largest energy consumer (18% of the total) since its consumption surged by 8% during 2009 (up from 4% in 2008). Oil...
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...to the setting of environmental policy. Let’s explore this issue in our discussion this week by considering the following questions as well as any ideas relevant to this issue that you think of as the discussion progresses. You do not need to address all of these questions in a single post - in fact, it is probably better to limit each post to one or two well argued points. Do you think our federal-provincial system of government makes it impossible to pass effective environmental legislation? Would you change anything about the division of powers between the federal and provincial/territorial governments in order to improve the design and implementation of environmental policy in Canada? Is environmental policy superior in the United States (can we learn any lessons from their approach including things to avoid)? Can you find any examples of successful provincial/federal cooperation on environmental policy implementation in Canada? Finally, do you think that we are in for a new era of environmental policy cooperation with the election of a new government this fall? Post 1: Hi Kristen, In addition to your extensive research on the comparison of both the US and Canada’s differences in environmental policy, I have done some research myself and have read an interesting article that discusses lessons from America for environmental law enforcement in Canada. The textbook has done a great job synthesizing information and giving an overview of environmental policies in both...
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...1.) Compare and contrast the two types of totalitarian governments that arose after 1917, that is, communism and fascism. What were the origins of these governments, their accomplishments, and their failures? What accounts for the fact that the masses mobilized to support these movements? Elaborate. Communism is founded by Karal Marx and Friedrich Engels. Communism is Classless society, government-less and automatic system based on the common ownership and social sameness. There is no one is rich or poor people in a communist system. It stands for a stateless society where all are equal. On the other hand, Fascism was founded in Italy by Benito Mussolini. Fascism is the glorification of the state and it considers state on top of everything; believes in nationalism where state control everything. Communism means state ownership and fascism means state control. Fascism became popular between 1919 and 1945. Communism became popular after the Revolution of Russia in 1917. Fascism began to rise in Europe directly following the First World War because there was a fear of Socialism. The first nation where fascism rose to power was in Italy with Mussolini and his government. He created this ideology as the exact opposite of socialism and the way to combat the rise of socialism. He saw the rise of the Soviet Union and was afraid that they would move across Europe to force communism. Fascism has the government supporting private business instead of the government . In the...
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...Karachi school for business and leadership | Financial Institutions (Banks) & Industrial Development in Germany, Russia & India | Global and South Asian Business Development | Dr. Imran Ali | | 3/24/2014 | Salik Chaturbhai M2130024 Taimour Abdullah M2130017 Zeeshan Jessani M2130034 Salik Chaturbhai M2130024 Taimour Abdullah M2130017 Zeeshan Jessani M2130034 Contents Introduction 2 Review of Literature 3 Looking at the Past: Industrialization and Financial Institutions 8 Germany 8 Deutsche Bank, Germany 10 Russia 13 Sberbank, Russia 16 India 17 The State Bank of India 18 Major Themes: Comparison & Contrast 24 The debate between Capitalist and Communist Industrialization 25 Fiscal and Industrialization policy 27 Mission Statement and goals 30 The Banking Sector 31 Target Markets 32 Colonized Industrialization or De-industrialization 34 Conclusion 37 Appendix 1 39 Appendix 2 40 Work Cited 42 Introduction Mankind as a whole and the world as has been observed in the past has undergone much change in all aspects of human life. The concept of economic development in light of increasing industrial growth, free labour, the growth of private property as an institution and the development of the international trade as a concept have changed the way humans and hence nations interact and intervene in the world economic system. These gradual yet drastic changes in the structure of human interactions led to a wave...
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...Assignment 2: Diversification Strategy The purpose of this paper is to compare and contrast two companies; One successful and one unsuccessful. The two companies chosen for this purpose is General Motors (unsuccessful) and Toyota Motor Corporation (successful). The content of this paper will analyze, compare and contrast the outcomes, and recommend actions that General Motors could have made to make their diversification venture more successful. The analysis will include the company’s core business, the size of the companies, and the 2009 financial statements of the companies, the company’s global presence, and their use of e-business. The analysis will also contain the primary reason for the different outcomes. History of General Motors General Motors was founded by William Durant on September 16, 1908, in Flint Michigan. GM’s core business is making and selling automobiles. At the beginning, General Motors designed automobiles for the Buick Motor Company, but in a short amount of time General Motors acquired more than 20 companies. These companies include Oldsmobile, Cadillac, and Pontiac, to name a few. General Motors went through many phases of development from 1910-1929. General Motors new design over Ford’s Model T design set the pace for production, design, and the marketing innovation of vehicles. General Motor’s first diversification took place when it added Chevrolet, Vauxhall, and Opel. General Motors used its philosophy and strategy for marketing by...
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...Walmart: Is it Right for Russia? Introduction Walmart is the largest retail in the world and employs over $2.1 million Associates. The company has been revered by some as the #1 retail service provider due to its ability to offer the lowest price to all customers. Walmart’s strategy, due to its large size and purchase power, is the strategy for commanding the low purchase price of merchandise from its suppliers. In turn, the company passes these savings to all customers as a discount retail chain; Save Money, Live Better and EDLP (Everyday Low Price). Walmart is in 57 countries under multiple banners, but is Walmart right for Russia and if so, is Russia right for Walmart? The Russian People The Russian population stands at a 143 million people across multiple districts and is projected to decrease to 140 million (1.6%) by the year end of 2015. The main point associated with the population decrease is that the death rate of the Russian Federation, which holds 85% of the total population, is increasing at a faster pace than the birth rate. There is a slight increase of people that are migrating to Russia, not enough to outweigh the significant population decreases. Poor health conditions due to alcohol consumption (Vodka) have reduced the male life expectancy is 60 years of age. This has caused there to be a starling 10,000 more deaths than births over the last decade. This is 15 years less than other industrialized nations. It has also been reported that the...
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