Search results for keyword: porters
Deming Award
Dawson Ming Award
Dawson Ming was an immigrant who built a successful life in America. He served in the U.S. Army and achieved the highest rank in his career. After leaving the military, he used his leadership skills and experience to help his community. As a business leader, he was instrumental ......
1029 
Liam
Drucker's theory of international cooperative production
Introduction
The world has increasingly tended towards a global market approach in its operations worldwide. International cooperation and global production systems have played a significant role in making the world what it is today – a global village. One of the leading figures who developed th......
Drucker's seven sources of innovation
Introduction
Dr. Michael Porter of the Harvard Business School introduced the idea of innovation source. He believed that any company could choose between seven different sources of innovation in order to create new business opportunities and become more successful. These seven sources of innovat......
church tower principle
The Separation of Church and State
The separation of Church and State is a concept that is essential to the harmonious co-existence of our nation’s citizens. It is perhaps one of the oldest and most important Constitutional principles. In essence, this principle means that the government will re......
Conversion Risk Management
Introduction
Currency exchange risk management involves investment and trading activities that seek to reduce exchange rate volatility and associated risks. Currency exchange risk management could be an invaluable tool for an exporter or global corporation as it is able to help prevent unexpected......
exchange rate
Exchange Rate
The exchange rate is the price at which a currency of one country can be exchanged for the currency of another. It helps dictate the relative costs of exchanging goods and services between countries. Exchange rates can be affected by many different factors and can continually fluctu......
LCL
What is Container Shipping?
Container shipping is the process of transporting goods from one place to another using large standardised containers that enable efficient loading, unloading, and stacking for efficient transportation. It is sometimes referred to as intermodal container shipping, mean......
minimum wage
A living wage should represent the minimum a worker in a particular region nees for reasonable quality of life, including housing, food and other day to day needs. It is an estimate and measure of what constitutes a basic and reasonable hourly wage for an individual to maintain their financial sec......
guaranteed minimum wage
Minimum Wage System
The minimum wage system, a system that sets a minimum wage rate for workers, is an important tool in achieving a wage level that meets the basic fundamental needs of a society. In a world where economic globalization has increased economic collaborations between nations, the m......
sequential transport
The transportation of goods is an integral part of the commercial process, and it is a key factor in determining the success of a business. With the increase in the number of companies operating at an international level, multiple international transportation services have emerged to fulfil the de......
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