process by which children accept societal standards of conduct as their own; fundamental to socialization process by which children accept societal standards of conduct as their own; fundamental to socialization
Involves restructuring the software used by an e-business so that it can process foreign languages, currencies, data formats and other variations involved in conducting business globally
A theory that the key ingredient for maintaining a firm-specific competitive advantage in international competition is the possession of proprietary information and control of human capital that can generate new information through expertise in research, management, marketing, or technology
The process of including in financial balance sheets the cost factors which were previously not calculated (such as the value of a degraded environment) or whose brunt was borne by other elements of society (such as the health costs associated with pollution) Advocates of internalization argue that these costs should realistically be assigned to industrial enterprises, because they are an inherent outcome of the production process Once such costs as environmental degradation or health effects are internalized, the relative cost-benefit ratios of investment decisions change, creating a much stronger incentive for sustainable development and waste reduction (Source: Mintzer, 1992)