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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 603 |
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On the other hand, it might have been their only choice, if they were to make any profit (which ultimately is the final goal of any company).
I believe that Lincoln Electric chose the right mode of doing business abroad. While basing its operations on traditional values, it managed to properly apply them within the local cultural, economical, political and legal constraints of many different countries...
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While basing its operations on traditional values, it managed to properly apply them within the local cultural, economical, political and legal constraints of many different countries. In cultures that do not really thrive in a piecework/incentive system, I would try to encourage team building exercises, and group rewards (as those cultures usually tend to be very collective)...
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Too much of British company law frustrates, inhibits, restricts and undermines. It is over-cautious, placing too high a premium on regulation and avoidance of risk. The company remains the choice of corporate vehicle for over a million businesses,...
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