Crown corporations constitute an essential part of Canadian economy and, traditionally, they play an important role in the life of the country affecting not only economy, but also political and social life of the country. At the same time, it is necessary to underline that the creation of crown corporations in Canada was not accompanied with a considerable interference of the government into economic life of the country. In fact, it was rather an attempt to take under control strategically important companies which needed the governmental support and, what is more important, which should serve to the interests of the public and, therefore, needed the establishment of the public control over their functioning. Continue reading
Nowadays, Canada is considered to be a country with a stable economy and good perspectives of sustained and long-termed development. At the same time, it is extremely important to provide the sustainable development of the country and further economic progress in order to avoid socio-economic crisis.
On analysing the dynamics of changes within Canadian industries in historical terms (Table 1) and GDP (Table 2), it is necessary to underline that Canadian economy has undergone substantial changes in the last couple of decades. To put it more precisely, the Canadian GDP constantly grows and it practically doubled at market prices since 1987 to 2005 (558.949 in 1987 compared to 1.371.425 in 2005). Continue reading
Book Report Paper: “The Nature of Management and Organizations: Challenges in the Canadian Context” written by Len Karakowsky
Question 1: The intention was that the People Insurance Company of Canada would have an organic organizational structure. Using the six elements of organizational structure, would you classify its present structure as organic or mechanistic?
On analyzing the intention of the administration of the People Insurance Company of Canada in the development of the company and its current position, it is necessary to agree that initially the intentions were focused on the development of an organic organizational structure. In fact, what was initially proposed implied an organic integration of all units of the company and its employees into one solid organization and a team of people working for one and the same goal. Continue reading
The distinguishing and integral feature of modern international business is globalization, which has a dramatic effect on domestic economies of all countries as well as the world market. Being a general term to describe the denationalization of markets and rising of the global economy, the process of globalization has obviously larger impact on the modern world than just unification of national markets into single international one. Globalization has an enormous influence upon all spheres of people’s lives, including economic, political and cultural spheres. Continue reading
Business Report. The Factors that Led to Success and Failure of Nike in its Venture across International Markets
Nike is considered to be one of the largest American suppliers of athletic shoes, apparel, and sports equipment. At the same time, this company and its brand are well-known worldwide. To a significant extent, this is the result of the strategy of the international markets expansion that is one of the main directions of the strategic development of the company. Obviously, this strategy provides the company to enter new markets and strengthen its position in traditional ones. Continue reading