The Presentation is about various contentious issues in this World.

1. By:
Himanshu Sood
Assistant Professor
PCTE Group of Institutes,
Ludhiana

2.  Emergence of WTO in 1995.
 Ministerial Conferences.
 Contradiction between developed and developing
countries.

3.  Challenge to Supply Chain Management.
 Threat to Flash Memory Chips (40%) and Automobile
Industry (High Tech and Colour).
 MERCK Japan producing Xirallic.
 Difficulty in shifting from one supplier to another.
 Nissan’s 10% sales affected over Hitachi’s Engines.
 Mistrust over Veg and Fruits and shifting markets.
 Tourism shift.
 Baosteel to get benefit.

4.  Localization and polycentric approach.
 Cultural Distance. (Bribe case to Indian Pilots).
 Cost benefit over local hire.
 Shortage of Qualified Talent – McKinsey Study of “The
Supply Paradox”.
 Regional Deputation, (P&G in Beijing and Shanghai to
Northern China).
 Comfortable Hierarchy.

5.  Expatriation and Reverse Expatriation Program.
 Internal Training.
 Collaborative Curriculum Development.
 China – Europe International Business School hired
dean from HBS.
 Benchmarking from LBS and HBS.
 Kickbacks.

6.  Wharton Management Professor “Mathew Bidwell”
conducted study in Investment Banking.
 30 Years old trend of job shift.
Findings of the study:
 18-20% salary hike.
 61% less efficiency in performance.
 21% higher chances of resignations.

7.  More Education and Diversified Experience.
 Knowledge about Competitors.
 Instant Internal Posting.
 Dependence upon in house training or training of
competitors.
 Poaching of Employees and Anti Poaching Agreement
(Jet – Kingfisher, LG – Samsung, Haire – Videocon,
Pepsico – Cocacola)

8.  WTO – WIPO – TRIPS
 Copy Right and Right to Copy
 Extras of Western Brands on sale in Chinese e-
markets.
 Nike against e-Bay China.
Safeguard Measures:
 Search Engines to delete Websites.
 Declaration after certain amount of transaction.
 Accreditation to online companies.
 Registration of online sellers by MOC.

9.  UNSC, IAEA, NSG and NPT.
 Nuclear Disaster in Japan.
 20% in USA Energy Production. 80% till 2035.
 Nuclear feasible to price and land requisition per 1000
MW.
 Expensive construction activity. (USD 2 bn – USD 6
bn), Loan Guarantee worth USD 18.5 bn).

10.  “Good Bye Nuclear” Protest in Japan in July 2012.
 Italy’s Moratorium to Nuclear Plants.
 Germany to investigate 7/17 Reactors.
 China – Suspended instead to quadruple till 2020.
 Points to consider: Public Safety, Long term Nuclear
Waste and Proliferation.

11.  China’s Industrialization and US financial crisis.
 Baby Boomers (1946 – 74)
 The Demographics Problem:
- Ageing: No. of Children per couple, Life Expectancy.
- No. of Workers per Retiree: 3.9 to 2.2 in US, 2.98 to 1.70 in
Europe and 2.85 to 1.46 in Japan.
- Under funding of Pension funds. (73% of cost coverage till
2041)
- Selling of Bonds to fund for Retirement Benefits.

12.  Migration of Young Population to compensate baby
boomers.
 State of Florida.
 Developing Countries far away from developed countries
in economic parameters.
- Per capita income, One Child Policy.
 In 2011, 55 mn people availed social security worth USD
727 bn.

13.  Sister Concerns IMF and WB domination.
 Christina Lagarde as IMF MD.
 Second Best Possible option to be President WB
Robert Zoellick.
 Asian Contagion and Latin American Crisis.
 Contradiction over power i.e. If Asian Crisis then Asian
MD respectively.

14.  Corruption and Ethics in Business.
 2 G Scam
 “Robber Barons” in America in 1890-1934.
 Lobbying Activities: Walmart Case, Chopper Scam
 Lobbyists in Google.
 Fodder Scam
 Bofors Scam
 Adarsh flats scam

15.  VET Programs in Egypt and Tunisia.
 Hosni Mubarak Governance.
 Political Issue and Instability.
 PPP participation in VET Program.
 Hiring Vocational people will save investments and
Costs.
 Educational investment worth 3.76% in Egypt that 8%
in Malaysia.
 Lack of Accreditation system.
 Dependence on neighbor countries for fundings.

16.  Curriculum Updation.
 Wide Recognition of VET Qualification.
 Employment Assurance with optimum wage level.
 Challenges of funding from Government and Private
Players.

17. Thank You