Essays on Sapienza

Part 1

According to Autio, Sapienza, and Almeida (2000), expanding business globally has both positive and negative consequences. The major benefits of the expansion are increased sales due to market expansion. The expansion of business internationally is a desirable objective for any company in the United States of America. The international expansion gives a company an international appeal and a better image at the local level. Therefore, such a company may even access a higher financial support from the local banks. However, expanding globally exposes a company to a variety of risks in the international market. Some of the risks include ...

Introduction

A refrigerator is an electrical device used in temperature maintenance below ambient temperatures. To achieve this function, the refrigerator should be able to create a heat sink at cold room temperatures a temperature that should be lower than the ambient temperature while at the same time also rejecting heats having higher temperatures than the ambient temperatures. To achieve this refrigerant is forced to undergo evaporation at temperatures lower than the ambient temperature(Griffiths, 1937). When the refrigerant is compressed at high pressure and condensing temperatures above the ambient temperature results in the loss of heat and condensation back to ...

Introduction

Corporate governance has picked up a much higher profile in the recent two decades. This has been attributed to the rise of different corporate embarrassments and collapses. Corporate social responsibility (CSR) is presently becoming a part of standard corporate governance because of the fact that an organization can't – in the long-run – work in seclusion from the more extensive social order in which it works (Mallin, Chris A. 2013). This view is supported by Sir Adrian Cadbury: 'The broadest method for categorizing corporate governance is to say that the proceeded presence of organizations is dependent upon an inferred knowledge between business and ...