artefacts due to multi-faceted legal problems, and their harvests are often not in proportion with efforts paid. On the other hand, propelled by a huge profit, illegal antique trade has been showing a rampant trend in recent years. Its annual turnover is the second highest in all illegal dealings, merely lower than drug trade. [3] Given the lax law system on the protection of cultural relics and the burgeoning market demand, explicit need is suggested to curb the current situation. Based on the above
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world and by international organizations that have adopted the maximization of intellectual property control as a fundamental policy tenet. Increasingly, this vision has been exported to the rest of the world. Over the same period, broad coalitions of civil society groups and developing country governments have emerged to promote more balanced approaches to intellectual property protection. These coalitions have supported new initiatives to promote innovation and creativity, taking advantage of the opportunities
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| 2 | 2 | Company Overview | 4 | 3 | Globalization | 6 | 4 | National Differences in Political Economy | 8 | 5 | International Trade Theory | 9 | 6 | Foreign Direct Investment | 10 | 7 | Strategy of International Business | 14 | 8 | The organization of International Business | 16 | 9 | Entry Strategy and Strategic Alliance | 18 | 10 | Exporting, Importing and Counter Trade | 19 | 11 | Global Production and Logistics | 22 | 12 | Global Human Resource Management | 25 | 13 | Recommendation
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Foreign Trade and Exchange International trade exists due to things produced in a particular country that individuals, firms and governments in foreign countries want to purchase. Trade provides a greater selection of goods and services to choose from, often at lower costs than at home. In order to prosper and profit, countries want to use their resources such as labour, land and capital, as efficiently as possible. However, the quantity, quality and cost of resources can differ substantially between
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One of the most well-known explanations of international trade is the Ricardian theory of comparative advantage. The theory’s distinctive contribution lies in its main tenet that even if one country is more efficient in absolute terms in producing goods than another, short run gains from trade can be obtained if it specializes in the production and export of the goods which it produces relatively efficiently, i.e. in which it holds a comparative advantage. The Heckscher-Ohlin (HO) theorem posits
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man had to engage himself in trade. It began with the primitive barter which means exchanging one thing for another. With the growth of civilization and advent of international trade, barter was replaced by the complex world of the market place. Money standard weights and measures were developed to facilitate exchange.. Today, the market place allows products, processes and even ideas to be exchanged between nations. There are a member of reasons why international trade takes place. All the countries
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processes to be used for such collection. These issues are discussed next, and as will be seen there are many alternatives to choose from for developing an overall job analysis system for any particular situation. Potential inaccuracies and other limitations of the alternatives will also be pointed out. Methods Job analysis methods represent procedures or techniques for collecting job information. Many specific techniques and systems have been developed and named (e.g., Functional Job Analysis, Position
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create a firm specific business model that will best align an organization’s resources and capabilities to the requirements of the environment in which the firm operates. In other words, it is the foundation for evaluating the internal potential and limitations and the probable/likely opportunities and threats from the external environment. It views all positive and negative factors inside and outside the firm that affect the success. A consistent study of the environment in which the firm operates helps
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International Business Pt-PGPM Dr. Ankur Roy Asst. Professor Strategic Management Area Email: ankur.roy@mdi.ac.in INTERNATIONAL BUSINESS The course on International Business is designed for those who intend to pursue a career in International Business and for those who believe, to be successful it is necessary to understand the globalization, its evolution, patterns, drivers and linkages as the future consists of economies that will be absolutely interdependent due to rapid dismantling
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Alchian (2008) has three elements that are as follows; the ability to use the resource, provide adequate servcices to the resource and the ability to transfer the resource under a mutual agreement. However, the government via the courts has imposed limitations on private property, which according to many economists negatively impact the economy. The price control is determined by the general society regardless of a private ownership. Therefore, the price of property rights can override the individuals
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