to business activities? Assess the business environment during his 3 years in office. Will his call for "Tuwid na Daan" in Governance and Public Administration spell magic for its economy? Compare this environment with that of PGMA’s nine year stay in power. Site suggestions/strategy which you think could lead Philippine Business and Economy a haven of Investment climate in the future. ANSWER: As President Benigno S. Aquino III assured that Philippines will remain conducive to business‚ the country’s
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ANALYSIS OF THE PRESENT POLITICAL PHILOSPHY (PRESIDENT BENIGNO SIMEON “NOYNOY” AQUINO JR.) 2011 Graft and Corruption has always been a big problem for the Philippines. Many presidents (if not all) in the past‚ are solidly accused of creating and approving projects of which the budget is way more than the necessary expenses and way more than the outcome. Some are accused of accepting bribes from various groups of big syndicates that operate lottery illegally. Some of these presidents were
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FORECASTS for Philippine economy have remained upbeat with the projected higher consumer and government spending and favorable outlook for real estate and tourism sectors. An economic outlook and forecasts by Metrobank’s research department showed that the country’s growth domestic product (GDP) will continue to grow at an average of six percent in 2013. Because of the stellar growth in the first three quarters of 2012 and given the still rosy prospects‚ the Research center has revised a full-year
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Legal and Political Environments The legal and political environments of global markets differ by country and often by region within a country. Global marketers must be aware of each environmental risk in global markets and develop contingency plans to overcome them. Legal Environment Clearly‚ the global legal environment is very dynamic and complex. It is the result of three forces: international law‚ U.S. domestic law‚ and legal requirements of host nations. According to Czinkota and
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CORRUPTION AS A POLITICAL CHALLENGE IN PHILIPPINES By Romil Jagunap I. INTRODUCTION Philippines held its 15th presidential election last May 10‚ 2010. The obvious winner of the said election was Mr. Benigno “Noynoy” Aguino III. He won by landslide garnering 42% from more than 36 million total votes. Noynoy won the heart of the Filipino people during the May 2010 election thru his campaign on clean government and on his fight to eradicate corruption to drive economic growth
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ABSTRACT Political and Social Apathy‚ there are two faces of apathy. The first considers apathy as a choice and participation in public life a consequence of one’s affirmative use of freedom. The second face of apathy arises when citizens are led to believe that their personal needs are not part of the political agenda‚ resulting into political deprivation and the reaffirmation of the status quo. Philippines political and social life is marked by the second kind of apathy‚ which might also
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2011-10-03 Definition of a Political System • The complete set of institutions‚ political organizations‚ and interest groups‚ • The relationships among institutions‚ and the political norms and rules that govern their functions International Business Part Two Comparative Environmental Frameworks Chapter Three The Political and Legal Environments Facing Business 3-2 Copyright © 2009 Pearson Education‚ Inc. publishing as Prentice Hall Individualism vs. Collectivism Political Ideology • Individualism:
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Political stability following the May 2010 election of President Benigno Aquino III is soothing investors’ worries about Philippine stocks‚ and may translate into lasting market gains. Aquino‚ son of the late President Corazon Aquino and slain political leader Benigno Aquino Jr.‚ rose to power on a platform of fighting corruption‚ improving educational standards and supporting projects controlled by private companies instead of the government‚ in a bid to create jobs and boost growth. The stability
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Legal and political environment • This environment is composed of laws‚ government agencies‚ and pressure groups that influence and limit various organizations and individuals. • Sometimes these laws create new opportunities for business. Various associations have been formed in India for automobile industry ➢ ACMA and SIAM are two major automobile association in India. ➢ acma(Automotive Component Manufacturers Association of India ) ➢ siam (Society of Indian Automobile
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Country Reports on Local Government Systems: Philippines Philippines _______________________________________________________________________________________________ 1. BRIEF DESCRIPTION OF THE COUNTRY 1.1 Socio-economic profile The Philippines is an archipelago of 7‚100 islands‚ with a land area of 30 million hectares. As of the last census in May 2002‚ the population was 76‚498‚735 with an annual growth rate of 2.36 per cent. Given this population growth rate the country is expected to
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