... a business to any particular course. Exploitation depicts elaborating on existing business capabilities to incrementally improve efficiencies. On the other hand, exploration refers to establishing or experimenting new resources and capabilities. In this vein, the strategic intent of exploitation is to attain residual revenue as well as improve competencies through extension of capabilities (Ohmae 1989). ... Advantage and Synergy Attaining competitive advantage and synergy is another economic logic that explains the rationale for entering into strategic alliances. In comparison to making...

• Word Count: 1513
• Approx Pages: 6
• Has Bibliography
• Grade Level: Graduate

... . Today, the causes of crime should be sought primarily in economic relations. Market relations, accompanied by unemployment, property and social stratification, competition, stimulate the growth of economic crime. Formation of a new criminal policy involves the creation of mechanisms for monitoring crime, including economic smuggling. The mechanism of this control assigned criminal and customs laws the place of last chance when other ... economic, social and legal measures to solve this problem are clearly insufficient. Development and application of new methods in the practice of gover...

• Word Count: 1015
• Approx Pages: 4
• Grade Level: Graduate

... item or service is what you sacrificed (time, labor, money, etc.) in order to produce it or to accomplish it. This principle is used in everyday life, for example: purchasing a new laptop can be very expensive or very cheap, it all depends on the time it took to create it, the materials used in it and the performance that the laptop ... ...

• Word Count: 731
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate

... , registering 5.3% in 2010. The key driver of aggregate supply in recent times has been the substantial increase in Foreign Direct Investment – the movement of funds between countries to establish a new business or purchase a substantial proportion of shares in an existing business. Global businesses and TNCs, such as Ford, has relocated production facilities in Vietnam in order to take advantage of ... Vietnam's low cost labour. This has been a result of their integration with the global economy, creating new export markets for Vietnam's goods (such as petroleum and agriculture). Thus...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate

... partnerships, advocate high employment and sustainable economic growth, secure financial stability, reduce poverty around the world, and further international trade. It conceived at the United Nation conference in Bretton Woods, New Hampshire, but was created officially in 1945. The IMF's job is to uphold global growth and economic stability by giving aid to developing countries so they can achieve macroeconomic stability ... ...

• Word Count: 524
• Approx Pages: 2
• Grade Level: Graduate

... Nikon, and Sony, collectively controlling over 84% of the industry, are able to function as oligopolists primarily due to the large existing barriers to entry and exit which discourage new entrants into the market. The first and foremost among these barriers are the extremely high tangible and intangible capital requirements to entry. Often, highly uniquely skilled individuals, specially automated ... have been impossible to achieve under conditions of perfect competition. These scale economies enable the Big Three to produce at extremely low costs, and make it difficult for any possib...

• Word Count: 1435
• Approx Pages: 6
• Has Bibliography
• Grade Level: Graduate

... so many people to see the potential benefits of liberalization that it creates political momentum for liberalization. Marxists, on the other hand, argue that technological developments give new power to multinational businesses that then use that power to press for liberalization, consequently creating a cycle of increasing globalization. An agency-centred approach sees these claims as ... with high interest rates, to discourage borrowing (which included cutting spending on public services) and liberalize economic management nationally and internationally, to boost economic growth. Liber...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

... the Index results, these practices will inform a series of structured multi-stakeholder dialogues (see Box 1) that will be piloted over the coming year. We hope that this new initiative will support transformations toward higher competitiveness at regional and national levels. The 12 Pillars of Competitiveness We define competitiveness as the set of institutions, policies, and factors that ... the best strategies, policies, and activities for overcoming the obstacles to improving competitiveness. Against this backdrop, the Forum is taking the next step and will embark on two new initiat...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate

... of development, along with strong resistance against development in the field, and romanticizing local traditions and social movements. Nevertheless, this discourse has had repercussions in developing new perspectives on development, as post-development arguments have shifted the views on certain aspects of development, including a rapprochement on political economy and cultural analysis. Escobar concluded ... their distinctive various cultural heritages. In line with post-development theory, Africa's future development, Matthews says, should involve Africans, who with their great divers...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate

... manufacturing industry renders Africa dependent on and vulnerable to the changing world market. The economy's reliance on the world market is an important economic effect of colonialism, as are the new social and demographic changes effected by Africa's incorporation into the global economy. The introduction of an organized commercial economy has largely replaced Africa's traditional economy of rural, self-sufficient production ... , such as the introduction of formal education, literacy expansion, urbanization, and health care. Birth rates have increased and death rates have dropped in ...

• Word Count: 917
• Approx Pages: 4
• Grade Level: Graduate

... manufacturing industry renders Africa dependent on and vulnerable to the changing world market. The economy's reliance on the world market is an important economic effect of colonialism, as are the new social and demographic changes effected by Africa's incorporation into the global economy. The introduction of an organized commercial economy has largely replaced Africa's traditional economy of rural, self-sufficient production ... , such as the introduction of formal education, literacy expansion, urbanization, and health care. Birth rates have increased and death rates have dropped in ...

• Word Count: 917
• Approx Pages: 4
• Grade Level: Graduate

... consumer preferences. As its principle economic strategy, McDonald's has changed the content of its menu; this has been accomplished by implementing a two-step approach. These steps include both adding new healthier items to its menu, as well as refurbishing existing menu items. As part of the former, McDonald's has introduced Fruit"n Yogurt Parfaits, and has recently begun offering a ... of our food, the introduction of Premium Salads, all white meat chicken nuggets, continued demand for the Dollar Menu's outstanding value, and other initiatives are generating almost one million new cus...

• Word Count: 1489
• Approx Pages: 6
• Grade Level: Graduate

... a share of national output and the freeing of those recourses for private uses have contributed significantly to robust economic and financial performance. But the resulting budget surpluses not bring forth new spending ideas. As politicians debate how to "spend the surpluses," renewed calls that monetary policy will need to be adjusted to fiscal policy changes represent a replay of monetary/fiscal policy ... based on certain assumptions about the roles and effects of fiscal and monetary policy that are simply wrong. This framework is misguided, whether the economy is characterized as "...

• Word Count: 1129
• Approx Pages: 5
• Grade Level: Graduate

... American empire in that the past's limits to American trade and influence have been removed to allow industrial and financial interests to operate more freely. The related concept of a New World Order, in its implication of some control being exercised to remove pitfalls that had gone before, probably helps to draw public attention from the political and territorial upsets which ... to fail. Globalization has produced a sharpening of some common problems in Third World societies, a bloc involving billions of the world's least advantaged peoples. The revolution in communications that ena...

• Word Count: 3222
• Approx Pages: 13
• Has Bibliography
• Grade Level: Graduate

... innovative managers in both the public and private sectors need to collaborate to develop and implement a competitive strategy for managing growth and diversification through technology and commerce. A new strategy is essential because the business climate is hypercompetitive both domestically and internationally. The competition is between countries, states and communities, as well as between large and small firms ... and among industries. The environment in which start-up and emerging firms must operate is particularly unforgiving. The ability to introduce new technologies or services...

• Word Count: 757
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate

... produced surplus, respectively. More generally, firms with more hierarchy layers are viewed as having greater influence problems, the reason being that they have more executives that can be influenced. With new levels of executives having authority, there are greater possibilities for self-interested interventions. The opportunities for influence costs to arise also expand. Divisionalization of the overall conflict into many small ... ...

• Word Count: 512
• Approx Pages: 2
• Has Bibliography
• Grade Level: Graduate

... can result in the collapse of community-based resource management systems, leading to accelerated land degradation. The introduction of the individual profit motive, sometimes linked with outside corporations, can produce a new short-term emphasis on extraction-like profit taking, to the omission of other concerns. Agrarian reforms in Mexico intended to guarantee a more impartial division of land ownership and use have ... ...

• Word Count: 2958
• Approx Pages: 12
• Has Bibliography
• Grade Level: Graduate

... all conclude that serious threats are imminent and some already exist. According to the article, "structural adjustment and globalisation will indeed benefit countries in the region through international trade, new investments and new and more efficient communication and information." Although the Caribbean nations have achieved levels of political, social and economic development through these economic benefits which has put them in the ... infant and child mortality rates, shows a lack of social development because quality of health and accessibility to it is one of the major indicato...

• Word Count: 1068
• Approx Pages: 4
• Has Bibliography
• Grade Level: Graduate

... 1990, the average annual rate of growth of GNP per capita was negative in many African countries, and also in Jamaica, Bolivia, Peru and Venezuela. Conditions created by the new global competition in industrial goods and later in financial services became increasingly incompatible with the theories that had previously dominated economic thinking, that is Keynesianism in the centres and anti ... in the periphery. By the same token, these conditions helped resurrect older economic theories. The remarkable comeback of the neoclassical approach to development was hastened by its fit with the ...

• Word Count: 1434
• Approx Pages: 6
• Grade Level: Graduate

... In summary, the development of Barrow Island would provide wide ranging, long term conservation benefits to the community, contribute to world class conservation programs while Australia would benefit from a new major competitive and more secure gas supply for the next phase of energy- intensive industry development and power generation, making Barrow Island the only acceptable location where the development can ... , damage to marine ecosystems (including whale migration), and the significant and disproportional effect on the ecosystems through gravel extraction and road building. The G...

• Word Count: 2008
• Approx Pages: 8
• Grade Level: Graduate

... entrepreneurs by today's terms were assumed to be motivating actions in economies as heavily as Cantillon believed, then there might be more stress placed on individuals to abstractly think of new solutions, even if they seem impossible. In modern business it appears that the innovative spirit formerly held by entrepreneurs as defined by Cantillon is now not being harvested to its ... to his work. In regards to Cantillon's ideals, individuals in our modern economy might consider not regarding entrepreneurs as elite executives, but rather some marginal individual who strives to innovate ...

• Word Count: 2445
• Approx Pages: 10
• Has Bibliography
• Grade Level: Graduate

... to competitive advantage. Collaboration helps business innovate in many ways, for example technology alliances and co-operative arrangements that allow firms to share costs extend product range and access new knowledge and markets. Networks, alliances and collaborations are vital for increasing performances. A global enterprise is envisioned as being managed through process based discipline, network structures, managed ... IT platforms for low cost management, operating units constructed around unique core competencies. To meet this vision steps like commercializing technology, skill dev...

• Word Count: 1231
• Approx Pages: 5
• Grade Level: Graduate

... a great extent. Therefore, studying the question of intellectual property protection in China's international trade is very urgent essential for China to think how maintain its national interest to, at the new situation and challenge. Under the WTO's framework, the patent competition has already become a commanding point in international technological and economic competition strategy. One having more patents and application for patent ... ...

• Word Count: 884
• Approx Pages: 4
• Grade Level: Graduate