Commerce Course Works Samples For Students

Introduction

Business organizations or firms, which seek to use the technique of analysis in order to understand complex mathematical together with other statistical measurements in research, uses quantitative analysis method. They do this by assigning numerical values or variables as the analysts try in quantitatively replicating the mathematics into reality. It is performed for many reasons like to know the performance, evaluate, and value in terms of financial instruments the correct values that can be used in the objective function. In the market structure, this technique is used to reflect or show changes according to price and the nature of ...

Public policy is the act or principle that guides the government or the administrative bodies to ensure that they do not commit any acts that go against the interest of the public. Outsourcing came about due to the increased demand on the salary increase for the employees in the United States. Therefore, many companies and corporations sought to find other means to produce their goods, which was cheaper (Reinicke 98). However, this goes against public policy because there have been an increased number of unemployed people in the States. For that reason, the companies and corporations should find cheaper ...

Winston Financial Group is a factoring firm that provides financing for small and medium-sized companies by purchasing their commercial accounts receivable. Financing provided by Winston Financial Group helps the businesses accelerate the cash flow, thus boosting sales and production of the companies.

Factoring is a financial tool used by the companies, mostly retailers, to turn the accounts receivable into operating cash within a day. Such receivables can be for any services performed or any products delivered by the companies. Factoring is used by the companies to receive instant cash for the customers' invoices in case those invoices can be factored.
...

Callable preferred stock is a kind of preferred stock in which the issuer has the right to redeem or call in the stock at a price which is preset after a specific date. All terms involved in a callable preferred stock issue, which include; call price, the call premium, and the specific date after in which the stock can be called are all well defined in the prospectus provided at the time of issue and can, therefore, not be altered afterwards. Companies and corporations have various reasons for issuing preferred stock which differs from one company or corporation to another.

Why do Corporations Issue Such Stocks?

One of the ...

Transfer pricing is a process where prices or rates used when selling products or services between parent companies, divisions, departments, or subsidiary (SMULLEN, 2001). It exists when two related companies (the parent company and a subsidiary) trade amongst each other. For example, a US based subsidiary of Coca-cola trading with an African subsidiary of Coca-cola. When such subsidiaries engage in price establishments for a transaction the results are transfer pricing.

WITTENDORFF (2010) provides that in transfer pricing the prices set for the exchange may be the original prices set for the products or the original purchase price or a rate reduced to cater ...

Marketing Strategy

A marketing strategy implies the line of approach that an organization pursues to maximize opportunities with the aim or goal of increasing sales and to attain competitive advantage. It (marketing strategy) includes all short, medium and long-term activities that aim at achieving the desired goals of competitive advantage and increased sales (Peter, Olson & Grunert, 1999, p.333). Pricing, on the other hand, is the most direct approach that a firm/company uses to communicate with the clients or customers. Pricing strategy is the most difficult pillar of marketing to implement. This is so because it integrates vertical and horizontal decision making in ...

Question 1

Academic integrity refers to a set of standards that every scholar is expected to adhere to. It means being honest and taking responsibility in academic work. The principle of honesty means that all scholarly work must be from ones hard work and efforts, and any other person’s work that an individual includes in his or her academic work must be acknowledged properly. Failure to adhere to this renders that academic work plagiarised. Intellectual property rights, on the other hand, cover copyrights, trademarks and patents. They are a set of laws that protect an individual’s intelligence and ...

Profitability index is a variation of the net present value method. While NPV provides the absolute total amount for a project, the PI is a relative measure in terms of the ratio ...

International finance is not simply corporate finance with an exchange rate. It is true that the exchange rate is an integral part of international finance in terms of foreign exchange. It is true that the foreign exchange markets that offer critical information and opportunities for international corporations as they undertake financing decisions and capital budgeting (Cohen & Yagil, 2007). However, international finance is about cross-border trade, and it is the dynamics of this trade that influence the exchange rate. According to Rhodes & Robinson (2008), international trade and the consequent international corporations are influenced by a number of factors which include cultural, ...

Why are two people who witnessed the same event last month likely to describe it differently today?

The minds of human beings are different in terms of retaining information and encoding it in future, which may be influenced by various factors that the individual or the people may undergo or experience within the period that he or she is supposed to retain given information. One month period, is an extremely long period and it may be the turning point for the mind of an individual and it needs to be undertaken with the extreme measure to ensure reliability of the given information as people have different mental abilities. Different environments within which human beings live may ...

British American Tobacco (BAT) is a global tobacco company ranked second largest worldwide and operating in over 50 countries. Despite recording revenues of 15.4 billion pounds and 4.9 billion pounds before tax earnings and issuing a 47.5 pence dividend per ordinary share, risks abound and the company has identified several risk factors, which may upset its growth, key among them is the growth of illicit cigarette trade (Reuters.com, 2014). Notably most of the other risks identified contribute to increase in the illicit trade risk. Globally the volume of illicit trade in cigarettes currently stands at 12% of consumption, and it is ...

Introduction

They say that the only thing that is constant in this planet is change. This old phrase can indeed be true in a lot of ways. It can also be applied not only in life but also in the process of managing a business. To innovate is to embrace change and improvement.

Innovation refers to any process that may lead to better solutions to problems, higher efficiency and effectiveness in doing work, higher productivity, and in general, increased capability to meet and fulfill the market needs. Any business has the right and the ability to innovate. Innovation can be done ...

- P/E Ratio stands for Price-Earnings Ratio. The variables that affect P/E ratio are market price of a share. Market price of the share is what it is trading at the stock exchange. The second variable that affects the P/E ratio is the Earning Per Share. Earnings per share are calculated by dividing the Net Profit after Interest and Taxes divided by the number of shares outstanding. All of these calculations reveal how much the firm is valued in terms of stock valulation.

- Stock valuation uses the time value of money in the calculation. There are several concepts ...

Introduction

In the present business world the assumption is that firms would like to maximize profits, but in the real life maximizing profit has a great impact on the society and the economy (Wigley 1996). Firms are classified according to the type of market structure they belong to. There are four types of market structure; perfect competition, monopoly, monopolistic, and oligopoly. The main factors that influences a market structure are; the number of buyers and sellers, the degree of product differentiation, the knowledge of buyers and sellers regarding a commodity and the strengths of barriers to entry and exit. Different industries ...

Question 1:

Scope

This commercial website, argos.co.uk, specifies in selling every sort of everyday products to a wide geographical area. It sells general retails goods of all types. The company has over 34000 employees worldwide. The company has a unique of selling their goods. They catalogue their goods so that they are able to categorise the goods in different categories. The customers will select the goods that they are interested in, pay for these goods, and collect them. It has over 800 retail stores world wide. The company is the leading retail store in the United Kingdom and Ireland. ...

M. Fatih Akkaya, an under-secretariat of foreign trade expert, has an article titled “Global Marketing Strategies” that talks about what organizations should do to achieve global success. The article identifies that the world is shaped up by globalization and technology. In matters concerning marketing, production and finance, it is important to assess economic realities and human preferences. This means that an international organization needs to study various markets and determine what people would prefer. The organization should then determine the how well a product will perform in both local and international markets. According to Akkaya (2011), Global Corporation and Multinational ...

Introduction

America during the Civil War cannot be compared of what the society is enjoying today in terms of industrialization and equal rights. After the chaos during the World Wars and the Great Depression, America undergone a period called the Reconstruction. It was during 1865 to 1876 when the country tried very hard to unite the South, and the Civil Rights movement was getting stronger as the freed slaves found themselves in uncertainty. It can be considered one of the most difficult times in the history of America where it tried to reorganize and heal itself from the chaos ...

Question one

Valuers undergo many challenges related to physical, economic and practical factors while determining market rents for commercial properties. Market rent refers to the estimated cost of leasing a real property on the valuation date between a willing lessor and willing lessee following the laid down lease terms (RICS, 2014). Property valuers are among the major emerging global professionals requiring extensive knowledge and skills on real estate management. Moreover, property valuation heart of real estate management. Most nations follow international valuation standards in order to avoid conflicts that arise between the valuer and the client, or the real estate ...

Insurance is designed to protect against risks (unlikely events) such as damage to property or loss of property and loss of life or poor health. In the event of such risks, a person can file a claim with his or her insurance company so as to receive compensation (Jawadekar, 2004). The various specifics of the claim may vary depending on the insurance provider or the type of insurance taken such as health or life insurance or homeowner’s insurance. Making an insurance claim can be a very simple and less stressful process especially if all details are gotten correctly. In making a claim, ...

Visiting The Trans Alaska Oil Pipeline

The construction of Alaska pipeline was completed in the year 1977 by APSC (Alyeska Pipeline Service Co.) at an expenditure of about 8 billion USD within two years. This was the leading privately funded construction project effort within that error. The TAPS (Trans Alaska Pipeline System) was constructed as a way of transporting rudimentary oil from Prudhoe Bay oilfields situated in North Slope of Alaska to the northern most and marine ice-free port within Valdez, from where tankers were used to transport the crude oil to U.S refineries. At the peak of building the pipeline, the construction company as well ...

- Introduction

IBM is a world leader company in information technology and stands as the largest revenue generating Company in its field. In the past 50 years, IBM has earned a place for itself as the pioneer in information technology developments and innovation. The Company manufactures products ranging from hardware to software for its impressive clientele around the world. These products are designed for another range of storage products, line of business servers, customized microchips including the application software. In addition to manufacturing, IBM also serves as a consulting and outsourcing agent. The new information age is quite challenging to compete ...

Introduction

With respect to law of torts, any action carried out intentionally and that results in causing either physical or emotional injury to another person qualifies as an intentional tort. On the other hand, negligence tort entails causing harm or injury to a third party as a result of personal carelessness. According to Arthur and Barner (2007), civil law requires that every individual conduct his or her activities in a manner that induces no harm to surrounding persons. In this context, the need to conduct one’s affairs in a safe manner constitutes the element of duty. Failure to act safely and within expected ...

- Neo mercantilism;

This is a policy that regulates trade by achieving a balance of export over imports. It aims at encouraging exports, discouraging importing and also by controlling the capital movement thus promoting industrial growth. It also helped to increase the level of foreign reserves held by the government.

- Collaborator;

This comes from the word collaboration which means working together for a common goal. A collaborator is an associate in an activity or sphere of common interest. Collaboration in a work related increases the potential for high performance.

- Treaty of Gori;

This treaty was made ...

1. Some hyper-globalizers claim we live in a borderless world where states don’t matter. Critique this claim by providing specific examples of the role of state in the context of globalization.

While globalization is incredibly powerful because the borderless world allows for the transfer of jobs, resources to be extracted and mobile individuals to access markets overseas, the role of the state is more important than ever. Amartya Sen's essay "Globalization, Inequality and Global Protest" makes the argument that a globalized world seeks a workforce that is educated, in good health and relatively “free” in order to maximize opportunities for ...

Abstract

The paper will discuss the definition of a ship based on maritime law. Lawyers make a big deal out of the definition of a ship because of its importance in shipping law which is within the commerce of men. The definition of a ship is a topic that is being debated by lawyers since it can affect their client’s social and economic life such as the businessmen and traders all over the world. At the same time, the definition of a ship within the ambit of maritime law shall provide the accountabilities of ship owners to the shipper, and will involve the ...

- Trade intensity can be described as the ratio of household fares to the income from assembling and then multiplied by one hundred. This implies that an industry with more household fares also has a high proportion of assembling incomes. Trade intensity is calculated by dividing the domestic exports by the revenue from manufacturing. The trade intensity for Canada was at 46.02%. This implies that a significant amount of the manufacturing products traded in the country are from industries based in foreign countries. When all commercial ventures are included, the trade intensity for Canada was 46%. This also implies that a significant ...

- The intra-industry trade index analysis has been done for many years, the latest being 2008. With regards to overall manufacturing, Japan, Germany and Canada had an index of 53.7, 77.2 and 75.6 respectively. With regards to machinery and equipment, Japan, Germany and Canada had an index of 66.3, 76.2 and 67.5 respectively. With regards to transport equipment, Japan, Germany and Canada had an index of 24.8, 67.1 and 93.4 respectively. For the three industries, Japan achieved prominently low indices when compared to Germany and Canada. By these indicators, the statistics show that Japan was lagging behind in the ...

Which set of factors has been more important in driving globalisation in the last fifty years, technology or international trade liberalisation agreements? Use specific examples in your answer.

Introduction

Globalisation in a sentence can be defined as the growing interdependence of the world economies. It is a continuous process and is not the final outcome, and due to globalisation the world economies become dependent on each other culturally and economically (Friedman, 2006). This term was first used by an American economist Theodore Levitt in the year 1983 (Stiglitz, 2007). The main factors that drive the globalisation process can be removal and reduction ...

Introduction

Star Bucks Coffee targets every person who loves beverages, coffee being the major product. Thus, the target market can be young and old, male or female and from any region. However, to achieve its target and face off competition, it has to apply several marketing strategies that aim to make their product widely known, thus, advertised largely.

Personal Selling and Direct Marketing

Personal selling is one of an advertising trait that the Coffee shop needs to apply, which will serve as the best tool in terms of convincing the consumer. Personal technique involves direct approaching of the target market by a marketing representative of the ...

THE MODERNTECH CORPORATION

Dear Mr. Foster,

The Moderntech Corporation appreciates you as one of our most loyal and consistent customers. Your devotion to the products of this company is quite inspiring to all staff members of the corporation. We have received a complaint from you about the $1000 piece of equipment that broke and your request to cash in on your warranty privileges. I am very sad to inform you that you will not be able to cash in on your warranty privileges in this particular occasion.

The main reason for this decision is the fact that our warranty offers have an expiry ...

Introduction

Projects are capital base investments, which entail the execution of facilities’ development, infrastructural build-up and maintenance of existing infrastructures in order to create satisfactory utility to those using the projects when completed. Private individual, business organization and government can enforce projects. Government at all level engages itself in the implementation of projects and property acquisition at large scale for a better living and enforcing development to areas under their governance. The implementation of projects and the maintenance of properties for public usage should be carefully implemented to make it effectively meet the objectives in which the project planners have in ...

Intellectual property

Just like any business would need to depend on the real property, e-business heavily relies on the intellectual property for its operations. In this regard, intellectual property can be taken to refer to a collection of several aspects, including trade names, trademarks, domain names, and the patents.

They are forms of intellectual property commonly used for physical businesses, although they are also used for the virtual e-business. The same principles and laws that are used in governing the physical businesses are the same ones used for guiding e-businesses.
Trademarks are legally used to give identity to the goods of a ...

Introduction

A free trade area has been used to describe the regional market that eliminates most, if not all, trade barriers between the trading partners such as quotas, barriers, and preferences on the flow of the services and goods traded between the member countries (Plante, 2004). Nevertheless, in the free trade areas, members negotiate trade agreements separately with the countries that are not members of the free trade area. A customs union on the other hand, refers to the trade agreement where a group of countries charges a common set of tariffs and quotas to external countries. This refers to a higher level ...

Question 1

Ratios calculations for Walgreens and Rite Aid Corporation of fiscal year 2001 and 2000
LIQUIDITY RATIOS
Current ratio = Current assets ÷ Current liabilities
Quick ratio = (current Assets-Inventory) / current liabilities

ACTIVITY RATIOS

Inventory Turnover = sales/inventory
Accounts receivables Turnover = sales/ accounts receivables
Asset Turnover = Total sales/ Total Assets

LEVERAGE RATIOS

Debt to Equity Ratio = Total Debt/ Total Equity
Long-term Debt to Equity Ratio = Long-term debt/equity
Debt Ratio =Total Debt/ Total Assets

PROFITABILITY RATIOS

Gross profit margin = {sales –COGS} / sales
Operating profit margin = EBIT/ sales
Net profit margin = Net Profit After Taxes/ sales
Return on ...

Part 1: The Organizational Chart

Communication is very critical in any organization especially bigger ones such as mergers. This is because it helps avoid collision of roles or positions of officers. This is usually represented by organizational charts and communication channels. The following is a new organizational chart, depicting newly established communication channel after Engineering Corporation of USA and Aerospace Corporation of China merged.

Part 2: The Description of the Communication

Reason for introducing a new communication flow
Previously, the two large corporations had own communication charts that functioned well for them. Thus, in order to realize a sustainable and efficiency communication geared towards achieving their new goals, it is vital to create a ...

Purchasing of a bond normally means that this transaction is equivalent to giving a loan to the issuer. As such, it is important to put into consideration a number of factors before buying the bond. In this regard, it is important to consider the maturity of a bond. Usually, there are short and long-term maturities thus the purchaser should consider if the duration it will take for the bond to mature is convenient for him/her. Generally, the purchaser will get more interest payments in total for bonds with long maturities than those with a shorter maturity hence it is important for the person buying ...

DQ1: Exchange Rates.

A. I spent my recent holiday vacation in South Africa, which is quite an inexpensive destination with various world class financial institutions that offer attractive exchange rates. Upon arrival at the O. R. Tambo International Airport in Johannesburg, I found a forex bureau that offered forex exchange at 0% percent commission to travelers. I exchanged 2000 US dollars and received 21,400 South African Rand (R).
During the next four weeks of my vacation, I exchanged currency once at a forex bureau that charged 5% commission and later found out that I could exchange currency in Automated Teller machines at ...

Planning for the impending days is a critical aspect of managing any organization. Forecasting can be broadly considered as a technique of estimating different aspects of a business or organization. The success of financial forecasting largely depends on the availability of data. Forecasting enables an organization to develop the best strategies of dealing with future scenarios. It creates a possible accurate picture of the future. There are various useful sources that can provide economic data as well as economic forecast data that can be used in economic analysis.

Historical economic data can be found in two sources namely; U.S. Department of Commerce and ...

Background:

With a rich history of success, Pepsi was an establishment of the 1898, in Carolinas. The drink was an original invention of Caleb Bradham. Based in New Bern, North Carolina, he was a pharmacist and drugstore owner ("Pepsi History," n.d.).

It was five years after the introduction of Coke that Pepsi came into existence, in the year 1893. This was the time when the inventor Caleb Bradham decided serving customers his soda machine produced ‘Brad’s Drink’. In response to the positive feedback that he received from the drinkers, he began advertising his samples in 1898, after naming ...

Analysis of Financial Statements

Referring to the above income statement, we find that since the start up, the revenue figures of the company has consistently increased with the revenue for Quarter 4 surging high by 144.4%. However, the profit margins of the company are not so encouraging, in fact despite of such a significant rise in the revenue figures, the company ended the latest quarter under the loss of -$3011373 and EPS of -$33/ share.
An in-depth insight of the company’s income statement reveals that although the revenue figures of the company has been increasing, but it is not able ...

The institutional affiliation

The four major market structures in the modern economic world are: perfect competition, monopoly, oligopoly, and monopolistic competition. Each one has strengths and weaknesses, opportunities and threats, so let us take a closer look at them.

Perfect completion is also called pure competition and is a benchmark where competition exists at its best level. Perfectly competitive market has large number of participants and none of them is large enough to influence the product price or its quality. In other words, there are so many sellers that neither price nor quality varies significantly. Pure competition market is easy to enter and exit ...

Is Globalization a Peace Producer?

Globalization is defined as upspring of a global society in which political, cultural, economic, and environmental circumstances in one part of the globe have particular significance for people in other parts of the world. (Globalization; Salzman, 2008). The globalization refers to rapidly growing connections between nations, economies, and societies (Barbieri and Schneider, 1999:387). Several literatures or studies have evaluated globalization in the context of international politics and social security to ascertain whether it is a peace producer or not (Blanton and Apodaca, 2007).Of course, most of the literatures have different views on the subject matter. This paper examines globalization in ...

Introduction

Business ethics theories are the moral principles that a company implements to ensure that all the individuals working in it act with acceptable behaviors. A few business theories that exist are the utilitarian, rights, common good, justice, and virtue approached. In not-for profit organizations it can include: honesty, integrity, confidentiality, transparency and equity
.The utilitarian approach is the oldest one and it focuses on using ethical actions that promotes the most good or value among the society while minimizing the amount of harm as possible. Businesses use this approach to ensure the outcome of various situations helps a larger number ...

Global corporations operate in large international operation amongst many foreign countries. This means that for the global corporations needs to have well-defined managerial strategies so as to approach the different cultures and ethnic imbalances in most of the foreign countries. In this case, the global corporations employ the five managerial strategies that are leading, controlling, organizing, coordinating and technology for effective management.

Controlling and planning is very complicated when it comes to the international arena. The biggest challenge in planning in the international arena is the risk to lose profit due to the fluctuation in the exchange rates. Through ...

Comparative advantage refers to an economic situation to produce a good at the lowest opportunity cost. Here the trade exchange between China and USA shows how the Law of Comparative holds in real world. With the amount of trade taking place between two countries, the law holds that these trading partners are promoting their self interests by producing the goods for which they have low opportunity cost and trading another good for which they have high opportunity cost(CFA Institute 376).

Since USA and China have low opportunity cost to produce agricultural goods and machinery respectively. These countries are involved ...

The opinion that relates to the difference between team and group and whether Nikki belongs to a team or group considering an individual’s outlook, after the analysis of the Holden Outerwear case study. As a workgroup member at college, while working on her first group assignment, Nikki found the experience far from motivational. Nikki Brush started her career as a freelancer. She could never estimate her true potential by freelancing and could never become one of the most reliable members of the company. Her true talent did not remain hidden for long and Design Chief at Holden identified her true potential. ...

- You owe £40 K in Corporation Tax: This amount will be recorded under the liabilities section as it is an outstanding expense, which the company is liable to pay.
- There are £15K worth of FPGA in the stock room: Since stock/inventory is a current asset for every entity, it will be recorded in the asset side under current assets.
- Paid £20K to a supplier for ARM Boards that are yet to be delivered: Since the transaction is prepaid and the company is yet to receive the boards, it will be classified in the ...

Will Restricting Emissions Damage the Economy?

Will Restricting Emissions Damage the Economy?
Restricting emissions will not damage the economy. I most agree with Aaron Ezroj that emissions will have no damaging effects to the economy. Paul Cicio and Aaron Ezroj have differing opinions concerning the effects of emissions on the economy. Whereas Cicio suggests that emissions will have damaging effects on the economy, Ezroj disagrees by suggesting that the emissions will not damage the economy. Cicio argues that the capping of the greenhouse gas emissions from the industrial sector will have negative effects on jobs and investments, and increase the imports. He argues that ...

Introduction

The objective of any firm is to maximise profits and increase shareholders’ wealth. This objective can only be attained if the market structure is favourable for the operations of the firm. The market for low-calorie microwavable food has changed from perfect to imperfect competition. This paper discusses the effectiveness of the new market structure to the operations of the company. It also assesses the profitability of the firm based on the cost functions and the demand function from assignment. In addition, the paper explores was in which the company can improve its profitability as well as the circumstances under ...

Introduction

For more than 50 years, Samsung has directed all its efforts towards making world a better place through varied businesses. The business activities of Samsung range from advanced technology, plant construction, petrochemicals, etc. Though the company expanded itself through various businesses but the flagship company i.e. Samsung Electronics dominate the global market in manufacturing of high-tech electronics and digital media. Numerous factors have added in making Samsung the market leader including continuous innovation in manufacturing, offering reliable products and services, capable human resource, making alliances with partners and by adopting responsible approach to business and keeping worldwide citizenship.

Globalization is ...

Entrepreneurs engage in different forms of business ownership in an effort to satisfy their business goals and objectives. Different types of organizations and organization structures are available in the present business world influenced by the type of environment a business operates in. This discussion focuses on four types economic concepts namely: Sole proprietorship, partnership, public sector organizations, and not for profit organizations.

Sole proprietorship

As the name suggests, a sole proprietorship is a form of business organization owned and managed by a single person. It forms the simplest type of a business to start because it does not fall under the categories of legal entity businesses. ...

Question 1

In my opinion, Martha Stewart committed the crime of insider trading when she sold her shares of ImClone on December 27, 2001. The rationale for this opinion is the following. First of all, by the very definition inside trading is conducting manipulations on the stock market for one’s advantage with the use of confidential information. Martha Stewart obtained confidential information from her broker and used it to her advantage – she sold her shares of ImClone. This statement is based on the assumption that there was no preliminary agreement of selling shares at the price of $60.

Personally, ...

Discussion Questions

Risk involves any insecurity regarding a prospective incident with the probability to expose an institution’s potentiality to meet its mission and goals. Numerous incidents exhibits the probability to expose a nonprofit organizations essential property and resources to risk, which may in turn undermine its competency to offer the intended services.

The key assets and resources often range from people, property, donations, and proceeds. Hence, risks that are visible in these scenarios involves damage to property for organization one, injury risk for organization two as players and supporters might incur injuries, while the third Nonprofit Organization (NGO) faces both cash and ...

- The company incursion and entry into the Chinese market was an ethnocentric move and measure. It was because at this point, the Chinese state and society by extension had banned potato imports. And thus it was virtually impossible for a business to introduce the potato chips at that point in time. The above stems from the fact that culture from the definition implies that way in which people live their lives such as what is permissible to eat or not. Thus, this was an ethnocentric move because it factored in the demands and the restrictions that the government had ...

Q1: Four most important concepts in Chapter 10

Conflict of interest in public corporation: The conflict of interest is an essential and concept in corporations due to the many temptations of unethical maneuvers top management can play in an organization at the cost of its investors and employees. It is relevant to me because it allows me to be watchful on the potential situations in my future wherein conflict of interest may arise and allow me to make ethical choices.
CEO compensation:

The CEO compensation is one point of conflict of interest as most companies attach higher compensation ...

Nestle Sdn.Bhd is the Malaysian district of the Nestle Corporation, originally set up in Switzerland, as a multinational nutrition and beverage company with its headquarters in Vevey. It truly possesses the leading points at the world food production and distribution market, as its market capitalization exceeds the number of 200 million USD. The 29 brands of the company gained their popularity through all over the world, varying from casual food and drink products, to even medical nutrition.

Nestle corporation represented its production on the Malaysian borders more than a hundred years ago, as the first company in Malaysia appeared in 1912 ...

Naomi Klein’s essay entitled Coopting Dissent revolves around the relationship of employers and their employees in the multinational corporations. She discusses how employers believe that their problem is limited to their capacity to communicate their brand to their consumers. She also points out that companies care less on their employees and focus on generation of profit through a cause.

Klein begins with her own experience as a worker for a company that introduced an easy job but later on transformed it and focused on profitability. Corporations adopt their causes to benefit their brands and later on use it for promotion.

The ...

Souq.com is the leading online platform in the Arab world where there is free trade. The revenue model of www.souq.com leans towards both the commercial and the retail sectors. Since its establishment, it is today the largest online shopping mall in the Arab world. A large number of suppliers enable Souq.com to provide a variety of products to consumers. The company generates by selling numerous product varieties to clients. Some of the product categories that the company deals with include; electronics, baby items, perfumes and fragrances, phones and accessories, etc. The company offers several advantages to its clients including; free ...

Introduction

There are numerous multinational enterprises (MNEs), which dominate the global market and operate in different regions, but proliferation of MNEs has existed for more than 200 years now. Initially, multinational enterprises represented a segment of direct foreign investments in various states as they did not form joint investments with local firms. However, with the introduction of globalization coupled market liberalization, MNEs have had an opportunity to expand their market niche and enhance efficiency and productivity; a move that has propelled them to become key players in the business arena. Although MNEs dominant global markets, they have experienced several global financial crisis ...

Atmospheric carbon emissions in the United States have elicited a myriad debate on the effective policies, which should be enacted to save the economic global change. Proposed policies are essential curbing the menace. Primarily Energy efficiency policy is vital. The mentioned policy encompasses providing consumers with tools to effectively monitor and adjust their energy use. Notably, cap and trade system policy is also vital. The mentioned system employs financial inducement in encouraging reduction of carbon dioxide by companies. Here, a regulatory body set maximum annual limits of carbon emissions (Turk & Bensel, 2014). Also, a carbon tax policy connotes to a tax on ...