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Case - Doing Business in Eritrea

question 74

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Case - Doing Business in Eritrea
Eritrea is in Eastern Africa. Its size is slightly bigger than the state of Pennsylvania. Eritrea currently hosts a UN peacekeeping operation that is monitoring a 25 km-wide Temporary Security Zone on the border with Ethiopia. An international commission, organized to resolve the border dispute, posted its findings in 2002 but final demarcation is on hold due to Ethiopian objections. Since gaining its independence from Ethiopia on 24 May 1993, Eritrea has faced the economic problems of a small, desperately poor country. Like the economies of many African nations, the economy is largely based on subsistence agriculture, with 80 percent of the population involved in farming and herding. In 2004, it took 13.788 nakfa (the Eritrean currency) to get one U.S. dollar, and its per capita income was equal to 900 U.S. dollars. It has a total of 306 kilometers of railroad, 874 kilometers of paved roads, and four airports with paved runways. Its people speak a variety of languages including Afar, Arabic, Tigre and Kunama, Tigrinya, and other Cushitic languages. The Eritrean society is generous with whatever resources it has and its people place a high value on helping others.
-Refer to the scenario above.Having such limited roads and railways indicates Eritrea has:

Acknowledge the role of openness to experience in adapting to changes and facilitating innovation within organizations.
Realize the significance of conscientiousness in achieving work commitments and responsibilities.
Appreciate the impact of extraverion and introversion on leadership and team dynamics.
Understand the concept of Machiavellianism and its implications on personality and behavior.

Definitions:

Hydrophobic

Characterizing molecules or groups that repel water or do not mix well with water.

Oleic Acid

A monounsaturated fatty acid found in various animal and vegetable fats, known for its role in human nutrition and health.

Regioselectivity

A term describing the preference of a chemical reaction to occur at one specific position or direction on a molecule over other possible positions.

Tristearin

An ester derived from glycerol and stearic acid, commonly found in fat and oils, representing a triglyceride.

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