Iran Foreign Trade in 2018 Iran foreign trade report in 2018 indicates that international trades continue to steadily grow in export and decline in the total value of imports. According to the Trade Promotion Organization of Iran, this country’s non-oil export in 2018 reached the value of $50.6 billion, having grown…
Read MoreForeign Investment Incentives Considering the multitude of international investment, it is only natural for countries to offer foreign investment incentives that enable them to attract investors into their borders, and Iran is no exception. Iran’s strategic position allows it to introduce free Trade Zones (FTZs) across the country (https://www.freezones.ir/en/Infographics). There are currently…
Read MoreIFRS: International Financial Reporting Standards International Financial Reporting Standards (IFRS) is an accounting tool offering a framework within which companies provide their financial information. The framework introduces standards that makes it possible to compare and contract financial information among businesses. More than 25,000 companies have adopted IFRS standards in 88 stock…
Read MoreGlobal Investment The UN reported a Foreign Direct Investment (FDI) drop of %19 in 2018 with %40 decline in FDI inflows to developed countries. The January 2019 report states that global FDI fell by %19 to $1.2tn while investment in developing countries managed to slightly increase by %3. Developing countries account…
Read MoreIran’s Economy Iran has been recently under pressure due to sanction reimposition by the US and the currency depreciation rate of rial against dollar. Iran’s fast growing economy has been deeply affected by recent changes, the result of which is inflation, business challenges, and unemployment. Iran used to be one of…
Read MoreInternational Trade A country’s share of international trade depends on its economic development status. A growing economy necessitates and leads to prosperity as well as an increase in employment rate. More advanced economies enjoy developed markets in which various financial tools are known and used frequently. Developing countries, however, work their way…
Read MoreMasculinity and Culture As an aspect of a culture, masculinity indicates the degree to which a society leans towards masculine characteristics. Masculinity is a dimension in Hofstede’s cultural model, which can help us better understand cultures. A high score on this dimension indicates the adoption of more masculine traits than feminine ones.…
Read MoreIndividualism vs Collectivism National cultures direct and affect the behaviors of their members, especially in terms of their level of individualism. According to Hofstede’s cultural model, a national culture may encourage individualism or emphasize collectivism. This, clarifies society’s values and priorities with regards to personal vs group needs and wishes. Individualism refers…
Read MoreHofstede’s Cultural Dimensions In order to better understand cultural differences, I decided to introduce Hofstede’s cultural dimensions. As we set foot in the business world, we immediately notice cultural differences while others seem to be closer to home. In some cases, countries of the same region tend to show similarities in culture…
Read MoreLabor Market and Employment Considering the global changes and technological advances, labor market and employment conditions are constantly changing. Today, technology has become a middleman, connecting employers and job seekers around the world. It is also constantly changing the way jobs are and the way they can be done. Moreover, international organizations…
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