GAAP are the Generally Accepted Accounting Principles, guidelines or best practices established by the Financial Accounting Standards Board. Cross cultural solutions to international business demands are increasingly being viewed as a valid and necessary method in enhancing communication and interaction in and between companies, between companies and customers and between colleagues. The last three decades saw many governments acquiring the systems of free markets, thereby, maximizing their own potential and opportunities for international business as well as investment.
Selling products from one country to another is sometimes difficult when the cultures of the two countries differ significantly. An international business in some of these countries would mean saving on a lot of money in basic raw materials. This case of McDonald’s shows that in order to succeed globally, intercultural differences should be taken into consideration in the strategy adopted by international organisations.
Specialised software products such as ‘recycling the translators’ knowledge-base (called translation memory)’ are among many new developments in the language translation industry (op. If the right individuals are selected, they themselves will take the necessary time to study the country – its history and culture.
You’ll learn the latest methodologies for business research and gain the experience and skills to maximise the impact of your research. These financial reports must comply with the guidelines laid in Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
In the Research Excellence Framework (REF) 2014, we were placed 25th (out of 101 institutions) in the UK for research intensity in business and management studies and 98% of our research was judged to be of international quality. Regarded as one of the most rigorous assessments, many top global recruiters will only consider candidates from AACSB-Accredited schools – a clear signal that our programmes respond to the needs of business and meet specific standards of excellence.