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1 – 10 of 163Managing diversity requires an understanding of culture. The majority of businesses have realised that competitiveness no longer stems from formal organisational structures but…
Abstract
Managing diversity requires an understanding of culture. The majority of businesses have realised that competitiveness no longer stems from formal organisational structures but rather from the mindsets, competencies, and functioning of individuals who create, develop, and support the organisation and who frequently come from different cultural backgrounds. Understanding the essence of a culture, its components, variations, and how all these things effect the business and the managerial process is very beneficial for international managers. Businesses in global value chains need cross-cultural management practices to obtain a competitive advantage. Global value chains make it possible to benefit from the comparative advantages of other nations, and without cross-cultural management, these multinational corporations would be unable to carry on with their business operations. Although there are many explanations on global value chains in the literature, there is no study on the effect of different cultures in value chain management and how different cultures can be managed in global value chains.
In this chapter, the definition of the concept of culture, which is comprehensive and crucial in managing differences, will be depicted. Then, the concept of cross-cultural management will be emphasised and what cross-cultural management means and why and to what extent it is important will be explained. In addition, the impact of cross-cultural management in the inclusive global value chain will be discussed, emphasising the value chain analysis, how it emerged, its basic concepts, and its importance in the international context.
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After the end of World War II, Switzerland became a key hub for international commodity traders, even though most of the commodities they were dealing in were sourced from outside…
Abstract
After the end of World War II, Switzerland became a key hub for international commodity traders, even though most of the commodities they were dealing in were sourced from outside of Switzerland and were not meant for Swiss producers, refiners or consumers. The main aim of this chapter is to analyze why Switzerland became the centre for international commodity trading in the Western world. The chapter will especially focus on the period from the 1950s to the end of the 1980s. Given that commodity trading companies throughout history have been notoriously closed to external scrutiny, the chapter by need is mainly based on publicly available material. The chapter utilizes the concept of collective entrepreneurship as an analytical framework to situate the development.
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Federica Sacco and Giovanna Magnani
In recent years, both academics and institutions have acknowledged the crucial role multinational enterprises (MNEs) can play in addressing the sustainability challenges, as…
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In recent years, both academics and institutions have acknowledged the crucial role multinational enterprises (MNEs) can play in addressing the sustainability challenges, as formalized by the sustainable development goals (SDGs). Nevertheless, because of their extensiveness and their design as country-level targets, SDGs have proven challenging to operationalize at a firm level. This problem opens new and relevant avenues for research in international business (IB). This chapter attempts to frame the topic of extended value chain sustainability in the IB literature. In particular, it addresses a specific topic, that is, how sustainability and resilience-building practices interact in global value chains (GVCs). To do so, the present study develops the case of STMicroelectronics (ST), one of the biggest semiconductor companies worldwide.
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Building industrial clusters is getting much more political attention and strategic orientation in all developing countries. This study started by revising the conceptual and…
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Building industrial clusters is getting much more political attention and strategic orientation in all developing countries. This study started by revising the conceptual and theoretical frameworks for industrial clusters, followed by some insights and contributions about empirical bases for clusters' dynamics and processes. The study focused on the case of Agadir Agreement between four Arab countries (Egypt, Jordon, Morocco, and Tunisia), which was initiated after the Euro-Mediterranean partnerships, and the rationale of the agreement was based on the concept of cumulative value-added origin. The study based its methodology on analyzing the international and bilateral trade flows of six industrial goods from the automotive sector among the four countries and with the EU countries to detect the degree of industrial collaboration and the achieved success of each country in this sector. The study indicated that the four countries used the concept of industrial clusters for economic development, but the results of the analysis showed that till now Agadir Agreement only achieved a shallow integration, while failed to deeply integrate as one big collaborative industrial cluster.
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Antonio Biurrun and Isabel Álvarez
International trade and production have been increasingly organized around the configuration and evolution of global value chains (GVCs), even as the sustainable development goals…
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International trade and production have been increasingly organized around the configuration and evolution of global value chains (GVCs), even as the sustainable development goals (SDGs) have been established in an era of deepening globalization. The connection between these two processes raises some concerns around how economies, firms, and individuals can benefit from participation in the global economy. This chapter looks at the relationship between the relative positions of countries in high-tech GVCs and the impact on potential fulfillment of the SDGs. In this chapter, the authors make a first approach (descriptive analysis) to the relationship between the relative positions of countries in high-tech GVCs, possibilities for upgrading, and corresponding levels of inequality. The authors focus particularly on a set of indicators corresponding to Goal 1 (no poverty), Goal 5 (gender equality), Goal 9 (industry, innovation, and infrastructure), and Goal 10 (reduced inequalities). The findings reveal that the relationship between the position of a country in terms of forward and backward participations and the relative distance to fulfillment of the SDGs differs among distinct GVCs. While some patterns of income inequality reduction are observed in high-tech-related industries, gender inequality is not similarly affected. This confirms the relevance of building a two-dimensional framework that looks simultaneously at GVCs (i.e., the type of GVC and type of participation) as well as the distance from SDG achievement.
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Katie Andrews, Noemi Sinkovics and Rudolf R. Sinkovics
This chapter investigates the coffee value chain in Latin America. By drawing on the concept of just transitions as a “connective tissue” between the sustainable development goals…
Abstract
This chapter investigates the coffee value chain in Latin America. By drawing on the concept of just transitions as a “connective tissue” between the sustainable development goals (SDGs), the discussion zooms in on the promise of agroforestry for environmental upgrading. The chapter concludes by providing examples of trade-offs between environmental, social and economic aspects.
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Aleksandra Kowalska, Sophia Lingham, Damian Maye and Louise Manning
Applying mitigation measures during the COVID-19 pandemic resulted in ‘locking down’ of economies, and disrupted agri-food markets worldwide. Income losses and food price…
Abstract
Research Background
Applying mitigation measures during the COVID-19 pandemic resulted in ‘locking down’ of economies, and disrupted agri-food markets worldwide. Income losses and food price increases negatively affected food security. The ‘stay-at-home’ policy led some households towards a positive shift in eating habits and maintaining these changes could contribute to better nutrition. The Russia–Ukraine war and soaring energy and food prices contributes further to the pressure on the global food system and urgency to consider longer term resilience capacities of national food systems.
Purpose of the Chapter
The aim of the chapter is to identify and review food security challenges that governments and societies have faced during the COVID-19 crisis and beyond, with specific emphasis on Poland.
Methodology
The methodological approach was to undertake a narrative literature review and to analyse a number of indicators relating to food security at the national level. These were quantified using data from Economist Impact, the World Bank, the European Commission, FAOSTAT and Statistics Poland.
Findings
The 2019–2022 Global Food Security Index for Poland remained quite stable, but the number of food insecure people increased significantly. Hence, urgent government measures are needed to ensure food security for all. Since 2021, high food inflation has reduced food affordability and is expected to remain high due to the Russia-Ukraine war, market pressures on energy prices and climate-related weather conditions. Greater food self-sufficiency in Poland is a key strategy to build up the resilience of the national food system.
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