Bulanday‚ Monica Patricia Camille A. 4MKTG02 Social Responsibility Prof. Stella A. Yanuaria August 31‚ 2010 SM INVESTMENTS CORPORATION Code of Ethics/Policies SMIC adopted a Code of Ethics on September 21‚ 2007 to re-affirm the company’s commitment to the highest standards of ethics‚ good governance‚ competence and integrity in pursuing the company’s mission and vision to serve the
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Literature Review 2.1 History of the air-conditioner Air-conditioner was invented based on invention of refrigerator. The history was told that the Chinese were the first to store natural ice and snow to cool wine and other delicacies. Evidence has been found that ice cellars were used as early as 1000 B.C. in China. Early Greeks and Romans also used underground pits to store ice. Ancient people of Egypt and India cooled liquids in porous earthen jars. Ice was produced due to vaporization
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On the Meaning of Globalization The technological development that characterizes the past two decades has triggered a communicational enhancement around the globe. Interconnectedness between people is greater everyday; goods‚ services‚ money‚ and information are exchanged between the furthermost parts of the world. International travel and communication now represent ordinary aspects of life. This phenomenon is called globalization. The term entered common vocabulary in the 1980’s and it grew
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10 Reasons to go International The international marketplace offers a world of business opportunities for American companies seeking to sell or source products worldwide. Not only can you tap into a world marketplace of 7 billion people‚ but according to business.gov‚ companies that do international business grow faster and fail less often than companies that don’t. Written by: Richard P. Biggs‚ CEO Atlantric LLC Portland‚ OR‚ USA 1 678 231 9195 ~ www.atlantric.com 10 Reasons
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With the world population increasing at a high rate‚ American firms have numerous opportunities in conducting business abroad especially in the developing nations. Macy`s is one of the American firms that need to take advantage of this opportunity in expanding their business abroad. Macy`s has been growing its influence in the American market over time and has created a wide customer base‚ which puts it in a better position to conduct business abroad. In order to be successful in conducting its business
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It has been observed that numerous economies and businesses have shifted imperatively and have transformed themselves into this contemporary era. There are certain micro as well as macro factors that influence these economies in both optimistic and undesirable ways and for this purpose‚ macro factors affecting the economy of the UK with the use of STEEPLE analysis are demonstrated. It can be said that the UK was recognised as one of the strongest as well as largest economies within the European Union
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- International Business Strategy - Lecturer: Jamie Weatherston COMPETITIVENESS ANALYSIS OF THE TOURISM SECTOR IN MEXICO ACCORDING TO MICHAEL PORTER’S DIAMOND MODEL October 2009 Made by Jérôme Schiano Contents INTRODUCTION 3 I) THE FACTOR CONDITIONS 4 1) HUMAN RESOURCES 4 2) NATURAL RESOURCES 4 3) INFRASTRUCTURES 4 II) THE FIRMS STRATEGIES‚ STRUCTURES AND RIVALRY 5 1) A COMMON POLICY OF SUSTAINABLE DEVELOPMENT 5 2) FOUR MAIN CHALLENGES 5 A) The importance of a private-public
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Briefly discuss the three types of staffing policies in international business. Discuss the staffing policies adopted by MNCs (Multi-National Company) operating in Singapore. Which is the most attractive approach and why? The 3 types of staffing policies are ethnocentric‚ polycentric‚ and geocentric. Ethnocentric approach fills key management position with parent-country nationals. Advantage: * Overcome the lack of qualified manager in host country * Unify corporate culture. * Transfer
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Enron Corporation (former NYSE ticker symbol ENE) Enron Corporation (former NYSE ticker symbol ENE) Cierra Gause Abstract This paper will describe the legal environment of business‚ the sources of American law‚ and the basis of authority for government to regulate business‚ differentiate between civil law and criminal law and describe the various classifications of crimes as it relates to Enron and the scandal the caused their downfall by using technology and information resources to research
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Recording the sale‚ but reducing sales by an estimate of future returns. All of the above. 2. (TCO A) During 2010‚ Steele Corporation sold merchandise costing $1‚500‚000 on an installment basis for $2‚000‚000. The cash receipts related to these sales during 2010 were $800‚000.What is the amount of deferred gross profit Steele Corporation will report on Dec 31‚ 2010? (Points : 6) $700‚000 $200‚000
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