...In my mind, the relationship between students and professors could not simply be seen as the relationship between customers and service providers, and we should not view the education as a business. Firstly, education is totally different from business, so we could not use business principle and relationship to require or define education. Normally, in the business relationship, customers know what they want, and they will make their own decision of which product to buy. All the things the businessmen need to do is to provide the customers the product or service. But in education, the relationship is totally different. Normally, students just know they want to learn some knowledge in a certain filed, but most of them do not know how to learn and what to learn, so professors’ responsibility is much more than businessmen's. The professors not only need to teach their students the knowledge they should learn, but also need to tell them how to learn and how to use these knowledge. The relationship between professors and students is not just a simple relationship between providers and customers. This relationship means more responsibility than the business relationship. Secondly, as I mentioned above, the relationship in education means more responsibility than the regular business relationship, but in my mind, the responsibility is not just to students, but also to the whole society. We all know that the goal of the most business companies is to make profits as much as they can...
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...Chapter 2 1. Business’ relationship with its stakeholders often evolves through a series of stages. List the stages and explain each. What is the relationship between business and society and what are the forces that shape that relationship? Inactive: Companies ignore stakeholder concerns Reactive: Companies act only when forced to do so, and then in a defensive manner Proactive: Companies try to anticipate stakeholder concerns Interactive: Companies actively engage stakeholders in an ongoing relationship of mutual respect, openness, and trust The relationship between business and society is integral in the success of any business, this relationship is defined as how a company interacts with society. An important fact is that business is about relationships and a successful firm is the one that is able to build good and long-lasting relationships with its customers. A driving force behind this our social nature, human beings like to be included in a group of people like ourselves that make us feel the sense of being with others and having a discussion as a part of the exchange of ideas. Chapter 3 2. Discuss and explain Corporate Social Responsibility. Corporate social responsibility refers to a business practice that involves participating in initiatives that benefit society. One reason for this is that corporations cater to their customers. So as consumers' awareness about global social issues continues to grow so does the companies. A good example...
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...Chpt 3 Country Differences in Culture Learning Objectives: (课堂教学目标) • Know What is Culture of a Society • Identify the forces that lead to differences in Social Culture • Identify the Business and Economic Implications of differences in Culture • Understand How differences in Social Culture influence values in work place • Learn some cross-cultural analysis frameworks. Content and Schedule : (本章主要内容与学时计划) • Case study 15’ What is Culture文化 10’ ● Social Structure社会结构 20’ ● Religious and Ethical System宗教和伦理15’ ● Language语言15’ ● Education教肓15 ● Culture and the workplace文化和工作场所 45’ ● Culture Change文化的变化10’ ● Implication For Business商务含义25’ • Summary and assignments 总结和作业 10’ Special Attention(重点与难点) 重点: Determinants of Culture 文化的构成 Implication For Business 商务含义 难点: Cross-cultural analytical frameworks( 文化分析框架) Teaching Design (主要教学方法) • Instructing • Case study • Group Discussion in the class • Invite French student to join discussion (邀请法国留学生Brigitte参加案例讨论,她在 “巴黎Disney”工作过 Opening case(开篇案例) : Disney in France |案例讨论题 | |1.What assumptions did Disney make about the tastes and preferences of French consumers? Which of these assumptions were | |correct? Which were not? ...
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...3372817 Tutor: Mr. Peter Hayes Topic: Using examples from two countries write a business report on how globalisation is changing relationships between government, business and civil society? Discuss with specific reference to the topic of power. EXECUTIVE SUMMARY The report is commissioned to examine the relationship between government, business and civil society under the impact of globalization. Taking education industries in Australia and Vietnam as examples, the positive and negative impacts are clarified which in turn show the change in power battle. Some definitions firstly are introduced to state that globalization is connecting economies, societies, polities and cultures together and it affects in all aspects. Thanks to it, education has changed vigorously compared to the past, diversified itself to many forms and expanded across border. Basing on the strongly development of globalization, plus the impact of cutting fund from government, many Australia universities view transnational education as a possible solution. Number of offshore campuses grow dramatically in South Asian. The examples show that, offshore campuses bring huge amount of revenue to Australian transnational education providers as well as strengthen Australian economy through tax. In addition, it helps many universities save money thanks to low cost operation in developing countries. Finally, through education, society takes advantage of globalization through brain gain. Meanwhile, Vietnam suffers...
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...views of world politics have all necessitated the re-evaluation of the business-society relationship and facilitated the emergence of innovative business social responsibility-practices. In view of the expanding and dynamic nature of contemporary business organizations, awareness of the impact of these institutions is reflecting on the environment in which they operate. This awareness has led to a definite conclusion on the roles of business organizations in the society and the growing demand for corporate social reward in terms of better social performance. For instance, the conflict in the Niger Delta area was aggravated by intense oil exploration activities in the area without adequate compensation from either the government or the oil multinational companies that reap profit from the area. The apparent neglect and marginalization of the people of the Niger-Delta has led to the call for compensation for their exploited wealth, the physical development of their environment and access to political power which made communal clashes, ethnic nationalism and movement for self determination to be prominent in the region and the phenomenon of oil pollution has only added to the already tense atmosphere in the Niger-Delta area. Today, business organizations are enjoined to pay attention to social issues and problems which are far removed from their central economic pursuit. The re-invigoration of the idea that business organization has social responsibility that goes beyond profit making...
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...How has the Growth of the Internet Supported or Hindered Castells Concept of a Network Society? Castells concept of a network society is an interpretation of a ‘new society’, one which has developed from the earlier information society. Within this interpretation, Castells states how society has shifted from ‘vertically organized, rational and structured activities to networking forms of activity’. These networking forms of activity provide greater flexibility and adaptability as networks have the ability to organize resources and activities whilst reacting to the environment, transforming themselves rather than clashing with other structures (Castells, 1996). Castells concept explores the social, political, economic and cultural impact of network technologies and the implications of networking activities. According to Castells, the network society has evolved through a growth in networks, induced by new technologies including microelectronics, digitally processed information and communications technology. These technologies represent a new dimension in society providing a modern infrastructure supporting emerging networks. Whilst Castells explains a growth in social networks, he recognizes that they are not a new form of social organization but a ‘key feature in social morphology’. Therefore, rather than describing existing social networks, the network society highlights the impact of networks which manage information using modern electronic technologies. The...
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...CHAN Ching To (UID 3035102223) To what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? An analysis of the relationship between CSR and financial soundness, quality of marketing, people management and long-term investment value. Introduction Since the late 1990s, corporate social responsibility (CSR) has been increasingly discussed in the society and it slowly becomes one of the important components in the business world (Jenkins, 2005). McWilliams and Siegel (2006) interpret CSR as ‘situations where the firm goes beyond compliance and engages in “actions that appear to further some social good, beyond the interests of the firm and that which is required by law”’. In general, CSR is believed to, in long-term, enhance business performance and boost employee morale. Also, CSR could be a tool to improve company image and to prevent crises (Weber, 2008). This essay argues that CSR has a positive relationship with a company’s performance, meaning that it brings benefits to corporate performance to a large extent. To measure one’s performance, three key aspects are considered, namely financial soundness, quality of marketing and people management. These three aspects are chosen from the criteria for Britain's Most Admired Companies 2014 (Management Today, 2014). Effects of CSR on Financial Soundness One of the most crucial criteria to determine a company’s performance is by analysing its financial soundness. Common indicators...
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...Cross Cultural Implications for doing Business in Emerging Markets International business is the act of investment and trade activities by firms across national borders. Small, Medium, and Multinational companies who have the resources tend to be attracted at doing business abroad. There are nine reasons why firms choose to internationalize which are (1) to gain market share, (2) earn higher profits and margins, (3) acquire new ideas about products, service, and business method, (4) to follow and better serve key customers that have relocated abroad, (5) to be closer to their supply chain, (6) have access to lower-cost or better value factors of production, (7) to develop economies of scale in production, sourcing, research and development, and marketing, (8) to challenge international competitors more effectively, (9) invest in a potentially rewarding relationship with a foreign partner. There are different ways companies can engage in international business. Companies can be involved in international trade, exporting, importing, international investment, international portfolio investment, and foreign direct investment. Depending on the type of risk the company decides to take, for example if the company wants the lowest risk possible for doing business abroad then exporting would be one of the safest ways to get their products or service abroad. Foreign Direct Investment is considered high risk due to the structure of each country’s culture, government, laws, rules...
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...deal! A study of intercultural differences in China from a Swedish B2B perspective Authors: Nathalie Svedberg Tim Svensson Subject: Bachelor thesis Business administration Supervisor: Examiner: Level: Richard Owusu Soniya Billore Bachelor degree 27th May, 2014 1 Course code: 2FE50E Date: Svedberg & Svensson (2014); Eat the food, drink the booze and settle the deal! Abstract Background: China is today regarded as Sweden’s most important business partner in Asia. Even if there are cultural differences between Sweden and China the intercultural distance has successively decreased. One of the reasons is the globalisation. Another reason is the consecutive development of Swedish-Chinese relations. The interpretation from common understanding has increased the level of trade between the nations. There is an on-going development of business co-operation between Sweden and China. The Purpose: This Bachelor Thesis will examine the differences between the SwedishChinese business culture and how the cultural differences affect the Swedish B2B in China. The purpose is formulated by the basis of our main research questions; “How do Swedish B2B companies perceive the cultural differences between the Swedish and Chinese way of doing business?“ and “how do Swedish companies operating in China deal with business cultural diversity in China?” Theoretical Framework: The basis of our Bachelor Thesis examines the theories within cultural dimension. The theoretical framework...
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...2012 VOL 4, NO 5 INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS The Impact of Adopting Corporate Social Responsibility on Corporate Financial Performance: Evidence from Jordanian Banks Sulaiman R. Weshah Accounting Department, Amman College for finance and administration studies, Al Balqa applied university, Amman, Jordan Dr. Ahmad A. Dahiyat (Corresponding author) Accounting Department, Amman College for finance and administration studies, Al Balqa applied university, Amman, Jordan PO BOX 45, Postal code 11831 Mohammed R. Abu Awwad Islamic International Arab Bank, Amman, Jordan Emad S. Hajjat Accounting Department, Irbid College, Al Balqa applied university, Irbid, Jordan Abstract This study aims to present a suggested framework for Corporate Social Responsibility (hereafter CSR) and to examine if there is a relationship between (CSR), bank size, the level of risk in the bank and Advertising Intensity (hereafter ADINT) on one hand and the Corporate Financial performance (hereafter CFP) on the other hand in the Jordanian banking companies.As such, this study relied on the financial reports from banking companies listed in Jordanian Stock Exchange for the year 2011 and conducted literatures and empirical studies to obtain the results. statistical techniques are used to analyze data. Throughout this study, it is concluded that there is a significant positive relationship between (CSR), bank size, the level of risk in the bank and ( ADINT) on one hand and...
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...Intercultural Communication (Spring 2015) Moodle Title: BA3H HM302 Date: 22nd May, 2015 Words Count: 3982 Table of Content Table of Content 2 Introduction 3 Comparison between dimensions of American and Japanese culture 4 Background of cultures 4 Power Distance 7 Individualism v.s. Collectivism 9 Masculinity v.s. Femininity 11 Uncertainty Avoidance 13 Long-Term Orientation 15 Important issues during business negotiations in Japan 16 Greetings 16 Time 17 Appropriate attires 17 Business cards 18 Gifts 18 Meetings 19 Seating 19 During the negotiations 20 Role of language negotiation 20 Exchange of favors 21 Japanese Etiquette of non-verbal expressions 22 Leaving 22 Follow-up of the negotiation 23 Relationship building 23 Conclusions 24 References 25 Introduction Dear Ms. Johnson, Regarding globalization brings culture diversity into organizations all over the world, while there are managers and staff from different cultural backgrounds, potential conflicts may arise in organizations if we are not sensitive to the inherent differences. As a manager in hospitality which is a people-orientated industry, it is relatively important for you to understand well intercultural differences in working places, whenever dealing with guests or fellow staff, because of same behaviors under different cultural backgrounds can greatly affects the comfort and harmony atmosphere within an organization...
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...Nottingham Ningbo China Business School Academic Year 2013/14 Autumn Semester Entrepreneurship and Business Maris Farquharson Discuss the relationship between entrepreneurship, innovation and economic development. Yasong Zhao Student ID: 6511938 Word Count:1994 1. Introduction Over the past decade or so, the term entrepreneurship has become a fashionable way to describing the attempts at large-scale change by individuals and organizations. During this procedure, Innovation as the most important component of entrepreneurship is at a leading place, whereas, the combination of the two is vital to economic growth and sustainability in today’s dynamic and changing business environment. As a result, exploring the synergy relationship (either conceptual or practical) between entrepreneurship, innovation and economic development is gaining significance. They are complementary and related to each other, not at an initial stage of a new venture; rather they are dynamic and holistic processes. This integrative interaction between the three has had a positive and comprehensive impact to the whole society. Therefore, the role of sustainability is highlighted as the guidance to entrepreneurial and innovative decision making in the organisations or by individuals. This paper will first look into the relationship of the three by discussing each two of them, and then focus on the importance of sustainability from ecology, economy and social levels. 2. Relationship between entrepreneurship...
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...Differences in Culture Chapter Outline OPENING CASE: McDonald’s in India INTRODUCTION WHAT IS CULTURE? Values and Norms Culture, Society, and the Nation-State The Determinants of Culture SOCIAL STRUCTURE Individuals and Groups Social Stratification Country Focus: Breaking India’s Caste System RELIGIOUS AND ETHICAL SYSTEMS Christianity Islam Country Focus: Islamic Capitalism in Turkey Hinduism Buddhism Confucianism Management Focus: DMG-Shanghai LANGUAGE Spoken Language Unspoken Language EDUCATION CULTURE AND THE WORKPLACE CULTURAL CHANGE FOCUS ON MANAGERIAL IMPLICATIONS Cross-Cultural Literacy Culture and Competitive Advantage SUMMARY CRITICAL THINKING AND DISCUSSION QUESTIONS CLOSING CASE: Wal-Mart’s Foreign Expansion Learning Objectives 1. Know what is meant by the culture of a society. 2. Identify the forces that lead to differences in social culture. 4. Identify the business and economic implications of differences in culture. 5. Understand how differences in social culture influence values in the workplace. 6. Develop an appreciation for the economic and business implications of cultural change. Chapter Summary This chapter begins by introducing the concept of culture. The determinants of culture are identified, which include religion, political philosophy, economic philosophy, education...
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...Literature pertaining to entrepreneurial women is very limited. There are numerous books that depict the lives of wage-earning women in Canada; however works on self-employed women are uncommon. The Business of Women- Marriage, Family, and Entrepreneurship in British Columbia, 1901-1951, was written by Melanie Buddle in 2010, under UBC Press. In The Business of Women, Buddle attempts to highlight the key features of entrepreneurial women in the 1900’s in Western Canada, exploring how and why women entered the business world. In this book, Buddle examines case studies and primary documents in order to expose the world of female entrepreneurs. Buddle focuses on issues of gender and class relations that influenced the ability of women to become self-employed. Although the information presented in this book represent the period of 1901 to 1951, I will attempt to draw connections, through the use of a summary and analysis, between the materials presented in this book to 21st century businesswomen. In the first part of The Business of Women, Buddle addresses reasons why women were more likely to be self-employed in British Columbia. Buddle highlights frontier characteristics that depict why a larger proportion of women in British Columbia were married and were self-employed. In British Columbia, women married in higher proportion, compared to the rest of Canada. Many males arrived in British Columbia in the 1850’s during the gold rush and many men settled in Western Canada in order...
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...Nova Southeastern University H. Wayne Huizenga School of Business and Entrepreneurship MGT 5012– Twenty First Century Management Practices Date of Submission: March 17, 2013 Title of Assignment: Managing Cultural Diversity Syllabus: MGT 5012- 21st Mgmt Practices 26 Over the years, the workforce has grown to have diverse groups of people working together. Diversity is defined as the differences or dissimilarities among people. These differences can be age, gender, race, ethnicity, religion, sexual orientation, education, experience, and any characteristic used to distinguish between people. (Jones, 2011) To understand the present, a look at the history of diversity in the workplace will be discussed. I will research and discuss the cultural diversity and how managers today have evolved over the years to learn how to handle it. I will discuss certain steps that managers can take to effectively manage the diversity in their workplace. I will look into the business etiquette and protocol of countries like the United States, Mexico, and Japan. I will also look into where these countries fall on Hofstede’s model of national culture. I will also discuss why it’s important for mangers to learn about a culture they are not familiar with when doing business to make sure they don’t offend the other person or company. History of Diversity in the Workplace The workforce slowly changed after World War II as a growing number of minority groups began to speak up and demand...
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