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Business Studies
Number of employees Ferrari Italy is a car manufacturer dealing in luxury sports cars. The company was founded in 1929 with its base in Maranello Italy (Dougall, 2013). Ferrari Auto Company singed an employment agreement in early 2005 which was to create a base for inclusive employment opportunity for both men and women. At present,...
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Ethnic Culture: Arab People Ethnicity refers to a group of people who identify themselves with one another based on the fact that, they share either common ancestral, cultural beliefs or national experiences. Each one of the person who compose an ethnic group is likely to be associated with common cultural, traditions, bloodline, historic backgrounds, motherland...
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Decision Analysis Question 1 a) In the first case, a decision tree is a figurative representation of the decision process denoting decision alternatives, the states of nature, their probabilities, and resulting pay offs. Decision trees are used to evaluate different strategies available to achieve the best outcome. Abu Dhabi Construction Enterprises can use a decision...
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Cloning In 1996, news of Dolly’s birth spread like wild fire all over the world not because of her uniqueness but because she was the first mammal to come to this world via cloning. Dolly was genetically identical to her 6-year-old mother, thanks to advances in biotechnology, particularly the nuclear transfer technique (Klotzko, 2003). The...
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Introduction For an organization to retain its competitive advantage in relation to its rivals in the field of business, it must have a good strategic management. Elcock defines  Strategic management as the process of formulating and implementing  major initiatives and goals directed by the top management of an organization on behalf of shareholders by considering...
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Context and rational Luxury brands are goods that are very exclusive, unique, and intriguing. They were created during Egypt’s glory days (Okonkwo U, 2007.14) .They are consumed for fun or when one wants to show off. For brands to be considered luxury they should be international and also have social implications. Economists say that for...
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Answer one: While the word global is usually used to refer to the whole world, the word international refers to a few countries: two or more. Unlike international companies, global companies are very few. Global companies have their presence in most world countries. They do own factories, manufacturing plants and even offices in many countries....
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Introduction Toyota Motor Corporation operates in the auto business. The previous five years were wrought with troubles for vehicles producers. Soaring fuel costs and developing ecological concerns have moved buyers’ inclination away from fuel-swallowing pickup trucks to more modest, more fuel-effective autos. A few automakers grasped the change by growing their little auto portfolios and...
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The purchase of services and goods across international boundaries constitutes international trade (Wild & Han, 2006). In this case, there is importation and exportation process involved in the process. A country taking part in international trade has a number of benefits. In the first place, an exporting country can obtain a market for its surplus...
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Model of Organizational Change The successful merger between Hewlett Packard and Compaq Computer companies in 2002 was not easy for HP CEO Carly Fiorina. Fiorina initiative of the merger was challenged right from the voting stage when the major shareholders such as Deutsche Bank and the co-founder son, Walter Hewlett were against it up to...
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