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    Business trip

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    packaging or advertising of the product. Moreover, traveling abroad allows one to locate and cultivate new customers, as well as improve relationships and communication with current foreign representatives and associates Typically, a successful business trip requires months of planning Proper Documentation Visas: Visas are required by many countries and cannot be obtained through the Office of Passport Services. They are provided by the foreign country's embassy or consulate in the United States

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    It does not matter if you are an employee or a Human Resource manager, terminations and layoffs are typically not pleasant aspects in the business world. I have been on both ends of the situation in my day and learned that while the struggles are very different, the dilemma is very much the same for both parties. They both serve vital purposes in the business world by helping clean up the workforce and the budgets, they also can handle in different ways for different companies. Everybody has their

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    Owning a business can be good or it can be bad but it takes a lot to maintain a successful business or even the thought of starting one. Dictionary.com defines entrepreneur as “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk” (Entreprenuer, n.d.). When looking at the word entrepreneur the word entrepreneurship also comes into play. The word entrepreneurship has been defined as “the process of starting a business, a startup

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    Family firm has been important features of the business landscape for centuries and remains important today. They can be small, medium or large and has been seen in all sectors and in all three industrial revolutions. Throughout they have played the main role in employment, income generation and wealth accumulation. A family business can be defined as “a corporation that is entirely owned and managed by members of single family”. The family business is ideal in nature as they are loyal to the principles

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    Examining Business Failure

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    Examining Business Failure Organizational behavior is a key factor in determining how an organization becomes effective in undertaking its tasks. The behavior should be one that is accepted by both the management and their subjects. This helps avoid the frequent conflicts of interest that are likely to be experienced in the work place. It also helps maintain the code of ethics that might have been set up by the management of the organization. Behavioral principles should therefore be set up and

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    The business model is a business identity or blueprint for a business. "A business model describes the rational of how an organization creates, delivers, and captures value" (Osterwalder & Pigneur, 2010, p. 14). A business model is the force behind any business growth and development. All business arrangements and procedures are a linked to that particular model. According to Fielt (2013), a business model answers the following questions: Who is your client, what does the client esteem, and how would

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    Business Environment

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    In the business world, there are different types of business entities and can be categorized using different parameters. There are sole proprietorship businesses, partnerships, companies and others also exist as franchises. All of these types of business organizations have the objective of meeting client needs, make profits and grow from one level to another. Each business setup works differently from the other as they all have different platforms on which they run, with different goals, and also

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    culture is business card etiquette. In Malaysia, usually the business card is given out by the visiting party. When given or receiving a business card, must hold the card with both hand. Before putting the card into the pocket, must briefly study as seen as respect. If want to presenting the business card to Chinese partners, better translate into the Chinese, because this can make easily to Chinese partners read more detail. In Japan, business card is very important to Japanese business etiquette

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    BUSINESS ACROSS CULTURES • CULTURE Culture is defined by various anthropologists and sociologists from their researches of particularly dealing with the differences in thinking, feeling, and acting of people around the globe. This topic will comprise of few definition about culture from these researchers. The Sociologists Marshall. (2013) views about looking towards culture from sociological perspective is, every culture considers its own ways of doing things as “natural”. Naturally in the sense

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    Profit planning is essential for every business. It is a concept that most of us are already familiar with and doing within our own homes. If you know you have a certain bill coming up you will typically plan for it and adjust your finances accordingly. Or say you are planning a vacation you want to go on, most of the time we will create budgets so that we have some money to set aside in order to accomplish this goal. Businesses also have goals and plans, and just like you and I, they have to create

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