Is it wrong to pay children for getting good grades? Should there be a market for jumping the queue and cutting in line? Is it ethical to buy and sell human organs? It is quite apparent that in today’s society there are markets for many goods and services that have not historically been for sale, such as the right to pollute the atmosphere, auctioning citizenship and many other topics. attempts to answer one of the biggest ethical questions of our time in : is there something wrong with a world in which everything is for sale?
globalEDGE Blog - Page 200
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What leads to the prosperity of nations? It is an interesting question that many have tried to answer throughout time. It puzzles many that a small island off the northern edge continental Europe can come to dominate the globe for a period of time. There surely is not one answer to this question and, in fact, there are many more that can be written. takes on this question through the effect that financial institutions have on the prosperity of nations in his financial history of the world in .
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Learning the business environment of other countries is an important task for those looking to export their products to new markets. Foreign countries provide vast opportunities for growth and allow companies of all sizes to reach new customers. However, each market filled with opportunities also presents challenges for businesses. There are many resources for small companies that make the transition into a foreign market much easier. Doug Barry recently sat down with Mike McGee, Senior U.S. Commercial Service Officer, to discuss the business environment of Burma (now known as Myanmar). To watch this interesting video on doing business in Burma, please see the posted video below!
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According to research, . For these reasons, linguistics Professor Antonella Sorace of the University of Edinburgh suggests that businesses should hire more multilingual employees. For large multinational companies, multilingual employees are valuable assets and are increasingly being sought after.
Sorace is adamant about the many advantages that are derived from knowing more than one and as a result is concerned about the widespread failure of education systems to promote foreign language learning. She believes that countries that are neglecting foreign language education are missing out on a more cognitively efficient and better communicating workforce.
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The theory of a and the end of economic growth as we know it has been discussed more frequently today as the world struggles to climb its way out of a recession. Whether or not this theory . However, one specific aspect of this theory is certain. If economic growth continues to diminish and GDP growth rests motionless, the impact on international business will be profound. We will now look at some of the implications this reality would hold for international business, and we will also discuss possible solutions to the problems created by growth in our finite world.
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The European Union gave a €10 billion rescue to Cyprus, a small island country in the European Union. It is the fourth of seventeen Eurozone states to receive a bailout by the European Union and the . In order to gain more time to convince parliament to back a new tax on deposits, Cyprus said that they would not open up their banks until Thursday the 21st of March. This controversial tax is on bank deposits and in order for it to come into effect they must have the support of parliament. Investors reacted poorly to the news as shares fell, and there was a run on cash machines over the past couple days.
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In 2010, Emirates ordered 32 new A380 macrojets from Airbus, which opened the door for the airline market in . Shortly after this, Airbus announced Monday that it had a received an order for from the budget airline Lion Air. While the world is expecting growth of the airline industry in developing countries, the global air traffic industry is actually shrinking. Let’s examine the global air traffic industry and analyze the various factors affecting the business environment of the industry.
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Imagine a company that cares profoundly about the well-being of its customers, treats its suppliers as part of the family, with the same care and love as it shows to its own employees and customers. Imagine a business where those who are lucky enough to be employed, rarely, if ever, leave and every employee is committed and passionate about their work.
If you’re saying to yourself, “not possible, unreal,” you're part of the majority. But, the management paradigm shift is catching on and it could turn the classic management style upside down.
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Despite looming budget cuts that sequestration has promised for , investors seem unconcerned, considering the record-breaking levels the Dow reached just last week. With help from the Chairman of the Federal Reserve, Ben Bernanke, propping up the market, Although this is exciting news for investors and publicly traded companies, there are several concerns resounding with this new, record-breaking high.
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Out of the millions of businesses in the United States, only about 1.5 percent of these companies sell their products internationally. Furthermore, over half of these businesses exported to only one foreign market. So what can be done to increase U.S. exports? Doug Barry of the U.S. Commercial Service has the answer. In his book, , Doug Barry shares 26 success stories from small companies in the United States who made the leap of faith in selling their products abroad. These companies started from small beginnings and now make products for customers throughout the world.