He says that Western companies think they can avoid political risk by spelling out every detail in a contract, but "in Asia, there is no shortcut for managing the relationship."88 In other words, the contract is in the relationship, not on the paper, and the way to ensure the reliability of the agreement is to nurture the relationship. Even a deal that has been implemented for some time may start to get watered down at a time when you cannot do anything about it. A Japanese-led consortium…
Internal audit is responsible for systematically associating enterprise strategy, business model needed by strategy implementation and risk preventing objectives from realization so as to guarantee strategy and business model can cope with risk. (1) Internal audit should first list all the key success factors which make objectives come true and risk factors which may prevent from success. Then, internal audit should list identified key success factors and risk factors (internal and external)…
When using information systems, it is essential to ask, “What is the ethical and socially responsible course of action?” A MODEL FOR THINKING ABOUT ETHICAL, SOCIAL, AND POLITICAL ISSUES Ethical, social, and political issues are closely linked. The ethical dilemma you may face as a manager of information systems typically is reflected in social and political debate. One way to think about these relationships is given in Figure 4-1. Imagine society as a more or less calm pond on a summer…
|Initials |Comments | | |Objectives | | | | |Discuss the type, scope, and timing of the audit with the owner/manager, board | | | | | |of directors or, if applicable, the audit committee. Also, discuss adequacy of| | | |…
the bottom of the organization. B. little time is spent assessing training needs. C. training is evaluated by checking participant reactions. D. training is part of the corporate culture. 13. Yes or No. Jill, the owner of a construction business, says her construction crew will not work if she hires Hispanic crew members, so Jill does not do so. Is this a defense to a Title VII action? 14. Which, if any, of the…
As radical progressives fought to change conservative America, a group of Protestant ministers organized the Social Gospel movement to instill religious ethics into the business world. 18. Congregational minister Washington Gladden started a ministry for working-class neighborhoods and favored sanctions to improve workers’ rights. 19. Walter Rauschenbusch, a Baptist minister, proclaimed that Christians should endorse social reform to end poverty and labor abuse. 20. According to…
Unfortunately, some companies have mismanaged their greatest asset—their brands. This is what befell the popular Snapple brand almost as soon as Quaker Oats bought the beverage marketer for $1.7 billion in 1994. Snapple had become a hit through powerful grassroots marketing and distribution through small outlets and convenience stores. Analysts said that because Quaker did not understand the brand’s appeal, it made the mistake of changing the ads and the distribution. Snapple lost so much…
According to Barry M. Richman and Melvyn Copen “Environment factors of constraints are largely if not totally external and beyond the control of individual industrial enterprises and their arrangements. These are essentially the ‘givers’ within which firms and their managements must operate in a specific country and they vary, often greatly from country to country.” According to Glueck and Jauch “ The environment includes outside the firm which can lead to opportunities for or threats to the…
5 mins. To use to whole language approach as a TESLO teaching method to teach business professionals I would focus on the reading&writing-side of learning. This is to achieve frequent reading, reading and writing for business purposes, business analysis and researches. Based on the fact the most business professional would already have some understanding of English and they are familiar of the basic knowledge of reading and writing in their own language, I would make…
advantage is that because holders of the shares (shareholders’) enjoy limited liability, they are not personally liable for the debts of the corporate entity. Also, because ownership can be transferred without dissolving the corporation, the corporation enjoys an unlimited life. The basic accounting equation is Assets = Liabilities + Equity. (a) Assets are resources owned by a business. Liabilities are claims against assets. Put more simply, liabilities are existing debts and obligations. Equity…