When was the last time your employer told you to play a? For many, the answer may be never, up until now. Recently, some top companies, including Paribas, Orange, and Alcatel-Lucent, have been using role playing games to teach crucial management teamwork, and sales skills to their sales staff and managers; a very important skill to have in the competitive world marketplace.
globalEDGE Blog - Page 225
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The Costa Concordia cruise ship ran aground off the coast of on January 13th and has caused, along with a devastating heartbreak, major waves in the cruise industry. The tragic crash of this ship has caused speculation about the competency of major cruise lines worldwide. It seems that there are not strict regulations on cruise lines as passengers may have assumed which has and could affect the travel industry as a whole.
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Globalization and the growth in emerging markets have driven significant changes in nearly every industry around the globe. This no different in philanthropy where the “old” standard of donations being led by wealthy Westerners is being turned upside down. Explosive growth has led to tremendous wealth creation in many developing countries and veteran donors are urging the new rich to donate to important causes. Philanthropy has also been repackaged into a businesses where consumers help donate products to needy causes.
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The has been one of the most devoted players in the attempts to combat global climate change and reduce carbon emissions. The long-term energy plans proposed by the European Union depend largely on designed to capture carbon dioxide emissions and store them underground. This would help abate global warming while also allowing industries to continue to burn large amounts of fossil fuels. However, weak support for the experimental carbon capturing technology has held the European Union back from reaching its goals.
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Last month, was reported to be the world’s financial market by the World Economic Forum, an independent international organization. The responsive business environment and financial stability most industries found in this special administrative region of , along with its efficiency, size of banking, and other financial services catapulted Hong Kong to the top, surpassing the , the , and . The rise of Hong Kong has been attributed to non-banking services, like IPOs and insurance, which offer long-term yields rather than the shortsighted investments that Western financial markets tend to favor.
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The German Federal Statistical Office has recently released stating that the nation’s economy grew by approximately 3 percent last year. While this is a very impressive figure in today’s uncertain global economy, official data shows that the growth came mostly in the first half of 2011. Alarmingly, the office estimates that the German economy in the fourth quarter of 2011. Stress from the European Sovereign Debt Crisis and a slowdown in the global economy are weighing heavily on the nation.
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Hop on that plane, business travel is back! After the global recession hit, many companies scaled back on corporate travel. More sophisticated technologies along with cost cutting initiatives around the global recession also led to a decline in business travel. To companies less travel meant lower costs, and more virtual meetings. While this may have helped some companies’ bottom lines, some saw business relationships and sales numbers suffer.
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Doug Barry, an expert in small business exportation, recently teamed up with Jim Blasingame of “” in three interviews regarding the BRIC countries of , , , and . These interviews focus on exporting and doing business in these four countries and the many opportunities that are available in these countries in the business sector.
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With large amounts of minerals and natural resources, the South American country of has received as it economy continues to expand at a rather rapid pace. In 2010, the Brazil economy grew by a large 7.5 percent and has been named along with Russia, India, and China. Brazil’s economic growth has far outpaced the United States and has also positioned Brazil as the world’s sixth-largest economy, just passing the United Kingdom’s economy this last year.
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The European Commission has several airlines of not following a new European law that requires them to account for their greenhouse gas emissions. Non-compliance could eventually lead to these airlines being banned from European airports. While this is not seen as very probable, it could have dire effects on world travel, the European airline market, and the global economy.