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globalEDGE Blog - Page 266

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Founded in 2003 by Andrew Rugasira, Good African is a coffee manufacturer which has begun to penetrate the . Good African began its foray into international markets via Waitrose, a British supermarket chain, has expanded to other rival chains, and is now being sold in supermarkets across Britain. The company is also planning on expanding to the United States as well. What lessons might someone seeking to bring away from Mr. Rugasira and Good African?

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Recent research performed by Harvard business professors demonstrates that bribery can actually make businesses more efficient.  When the red tape is removed, it is amazing how much can be accomplished in a short amount of time.  Although there is an element of efficiency introduced by bribery, it is important to understand the implications it has on you and your business. Meet , a young Indian businessman.  When he started his first business at the age of 22, he discovered the hard way that bribery was part of his success, and hated it. 

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Recently Doug Barry conducted an interview with Sharon Doherty. She is a grandma, entrepreneur and potential poster child for the National Export Initiative. Years ago Sharon was a show dog hobbyist before she saw a need for a line of high-quality grooming products for pets. Since 1993 she has been selling to buyers worldwide and now exports to more countries that she has employee. She is in 34 countries now with four more on tap.  How’d she do it?

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Are you hedging your bets in this economy?  is!  A recent blog post triggered some curiousity about how the country is expanding.  The country has permitted the development of a casino which has been designed to attract tourists from around the world.  With an eye for expanding its economic base, the country is proceeding cautiously into relatively uncharted territory.  This new development demonstrates an effort to bring in new money to the country, while attempting to maintain the clean and safe image Singapore has worked hard to build.

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A hotel is trying to be more environmentally friendly in a very interesting way. If you bike in the hotel enough to generate 10 watts of , you earn a free meal! The goal of this project is to increase environmental awareness in the city. Also, it promotes exercise by combining an aspect of Copenhagen's culture (biking) with the incentive of a delicious meal. A BBC gives more details on the 's creative strategy.

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The is looking for new places to expand in the agriculture industry. After an Arab Organization for Agricultural Development (AOAD) meeting, they are searching for the best places to . In recent years, buying foreign farmland has been especially appealing to Middle Eastern energy companies who have a lot of capital but not a lot of land.

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Brought to you by the U.S. Commercial Service, there are still eleven more webinars from the excellent There is still time to register, but don't delay. In particular there is a webinar on June 15, titled "Improving Your Cultural Intelligence." (CQ) is described as the capability to function effectively in a variety of national, ethnic and organization . You can learn how to do the following:

  •       Identify the cultural implications of your marketing and negotiating decisions. 
  •       More effectively function in culturally diverse settings. 
  •       Enhance and build your Cultural Intelligence.

       You will have your questions answered by David Livermore. Listen and learn from questions asked by companies participating in the Webinar. Dr. Livermore has written many award-winning books on this subject. He will also be speaking at the CIBER Short-Term Study Abroad(STSA) Conference in Kansas City from June 4-5, 2010. Short-term study abroad is one of the fastest-growing formats of study abroad, and it appeals to students and presents unique challenges in curriculum, financing, and program management. Interested? and come listen to some great speakers!
 

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Everyday, business professionals all over the globe about how to market and build their brand. Here are some of the most common.

Myth 1: Offering a consistent and great product will produce a successful business.
Unfortunately, a great product doesn’t equal success. However, you can improve your chances of success by launching a beta test for your service or product on a social networking site. Create a survey for readers to give feedback on, and then use this information to shape the product/service in the best way to succeed.

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With plans for double digit economic growth each year, must work quickly to get their infrastructure in shape. Prime minister Manmohan Singh recently stated that he was going to from 500 billion dollars to 1 trillion in their five-year plan. Right now the country's poor infrastructure is holding back India's economic development. All-in-all India's highways minglister Kamal Nath set a goal of 20km of roads a day starting in June. That's almost 7,000 km of roads a year! That's an ambitious target but may be something this country needs.

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has grown tremendously in the last few decades. They have one of the highest population densities of any country in the world. The Singapore government has devoted large amounts of time and money to urban planning to make this a possibility. They have used and increase their economic potential. Not only this, but they have also built an extremely environmentally friendly city. This makes their expertise in urban planning even more appealing. Now, they are looking to share that expertise with other cities around the world.