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negotiating contract

Negotiating Contract with an Offshore Supplier

This paper explores the challenges and principles adopted to deal with an initial negotiation between a manager/owner of a business and a third party supplier from overseas. This paper also illustrates how this crucial arrangement could be rendered with great professionalism and smartness. Lastly, it proposes principles and guides to a more productive venture in outsourcing abroad.

global market

Global Market and World Peace

This paper attempts to explore the negative concerns on the statement that “establishing a global market is the pathway to world peace.” It tries to show that this statement is not necessarily true since there are many illustrations which prove the opposite. Hence, this paper will initially show the unifying global forces in the establishment of world peace. Then, it shall present the devastating effects of the global markets that actually threaten world peace and instigate nations to take a protectionist stance towards their national growth and development.

motivation

What is Motivation?

Definition of motivation What is motivation? Authors offered various definitions. Robbins and Judge (2013) looked at motivation as “the processes that account for an individual’s intensity, direction, and persistence of effort toward attaining a goal” (p. 202). Luthans (2011) considered it as “a process that starts with a physiological or psychological deficiency or needs that…

global managers and ethics

Global Managers and Ethics

The responsibility of global managers Global managers have a huge responsibility to take on. With the ever-changing growth, development and needs dictated by the global community, businesses, and markets all over the world will have to adapt. However, these are not confined only to businesses per se. People within and outside different organizations have to…

Political Factors and Their Impact on Global Management

  Globalization has altered the conduct of trade among businesses. It paved the way for the rapid expansion of different industries from one country to another and enabled breakthroughs regarding scientific and technological development. It also enables people to be aware of the latest products and services worldwide (Ibrahim, n.d.). While this concept of trade…

How Globalization of Commercial Operations Impacts Local Settings

Introduction Globalization started in ancient antiquity, with the advent of increased use of the wheel inland transportation and ships in overseas exploration and trading. Globalization in modern times grew about the significant improvement in communications such as satellites and the internet, and modes of transportation such as bulk shipping containers and cargo airplanes. “By the…