Following the increasing international business focus on developing economies, global sourcing and procurement are gaining importance in MNC operations. Simultaneously, due to the increasing stakehold… more
ers pressures mainly the customers, Corporate Social Responsibility (CSR) has become a major business performance indicator over the last decades. Consequently an essential dimension of CSR today is the business responsibility of foreign suppliers from whom MNCs‟ procure goods and services to meet global demand. The literature on CSR covers a large spectrum of areas, mainly supply chain sustainability; stakeholder theories; agency theories all of which model various CSR and supplier codes of conduct (SCC) implementation processes from different angles. Read more…
Introduction:- Lately, thing markets have encountered expanded volatility and phenomenal value developments in all major products, incorporating vigor and non-energyresources (i.e. metal, mineral). The years between 2002 and 2008 were checked by a major surge popular for crude materials. There are various purposes behind this in the physical markets. Some of them underlie market descriptions, for example developing request of Bric nations for crude materials because of inordinate monetary development and coming about deficiency of supply. Some are the explanation for the shut connections of merchandise markets with money related markets. Hence, extreme hypotheses on item subordinate markets have likewise initiated cost surges on legitimate products. Notwithstanding, asset lack has climbed in the Europeanpolitical driving force primarily as a monetary concern of guaranteeing access to assets and ensuring a maintainable supply.
The European economy`s reliance on assets is showed in its import information structure China, as China is elucidated 97% of the planet handling in 2009 (European Commission 2011). Also, Europe’s quality chain is exceedingly relied on upon certain crude materials which are basic as far as dangers of supply and dangers of circulation in face of the ceaseless developing economies as China, Brasil and India.against this foundation, in 2001 the Eu has started the crude material drive with a specific end goal to set guidelines on the best way to manage the dangers of asset paucity and has worked since then to execute it. This Esdn Case study depicts the point and measures of the drives and which joined methodology it takes as to asset polices in a reasonable improvement setting. It then furnishes a few proposals of handling asset paucity in the connection of satisfactory advancement. Keep reading…
Case Study about Anti-Competitive Business Practices on Developing Countries and their Development
Executive Summary: During the 1990s, many studies were undertaken to demonstrate the effects of anti-competitive practices on consumers and producers both in developing and developed countries. Damages caused by such practices to developing countries have implications for the purchasing power of consumers through increased prices. Producers in the developing world are also affected by anti-competitive practices through increased barriers to entry by restriction of information on technology. A World Bank study1 shows that, in 1997, developing countries imported US$81.1 billion worth of goods from industries where companies were involved in price-fixing arrangements in the 1990s.
These goods represented 6.7 per cent of imports and 1.2 per cent of GDP in developing countries. These figures reveal the significance of the economic impact of the damages of anti-competitive practices on developing economies. It is worth mentioning that the quantitative effects of anti-competitive business practices are not easy to demonstrate. The most obvious effect of such practices is seen in the form of price increases in markets involving output-restricting or pricefixing cartels and dominant firms abusing their market power. In such cases, consumers are the ones who suffer directly from restricted competition.
Privatization and Enterprise Performance in Nigeria
Abstract: Despite an impressive level of privatization activity across Africa and the upsurge in research on the operating performance of privatized firms in both developed and developing economies, our empirical knowledge of the privatization programme in Africa is limited. This study appraises the post-privatization performance of some privatized enterprises in Nigeria. The specific indicators examined are profitability, productive efficiency, employment, capital investment, output, prices and taxes. The study measures the change in any given indicator of performance by comparing its average value five years before and five years after privatization.
Introduction: Privatization of state-owned enterprises (SOEs) has become a key component of the structural reform process and globalization strategy in many economies. Several developing and transition economies have embarked on extensive privatization programmes in the last one and a half decades or so, as a means of fostering economic growth, attaining macroeconomic stability, and reducing public sector borrowing requirements arising from corruption, subsidies and subventions to unprofitable SOEs. By the end of 1996, all but five countries in Africa had divested some public enterprises within the framework of macroeconomic reform and liberalization (White and Bhatia, 1998)..
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The biggest challenge in creating value from cross-border mergers and acquisitions (M&A) in rapidly developing economies (RDEs) is not extracting synergies, but understanding the full spectrum of risks before the deal is closed. Based on a survey of executives with extensive experience in M&A in RDEs, this focus highlights the four main drivers of these risks and how to minimize and manage them. A report by Boston Consulting Group…
Blue Label Telecoms is a South African distributor of prepaid secure electronic tokens (predominantly airtime) and transactional services within emerging and developing economies. Founded in 2001, it has grown into a major international player, with operations across Africa, India, the Americas and Europe. It is focused on taking products and services to consumers within the middle and bottom segments of the world’s economic pyramid, successfully processing in excess of 300 million monthly transactions through its global footprint of several hundred thousand mobile and physical points of presence. Read more..
This case study analyses the pros and cons of financial globalisation and its affects on developing economies. It also helps in debating the need for more regulations in global capital flows. The case study also provides scope for discussion on the kinds of reforms needed to withstand the shocks of financial disturbances and future implications of globalisation on developing economies.
Blame it on the greed of the investment bankers or the incomprehensible financial derivatives or the inexplicable housing mortgage market or the laidback regulators or the overenthusiastic administrators, but the real culprit of the US financial crisis (2008) is the obsession of the Americans to live on credit and the federal government’s audacity in breeding colossal deficits.
Reasoning is that if the US citizens were prudent enough to discourage excessive lending by banks or had the government kept the deficits at manageable levels, curbing availability of liquidity to deserving levels, the housing bubble would not have built up and the subsequent crisis could have been avoided. Click here to read more…