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Brundtland Report – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is the Brundtland Report?The Brundtland Report, also commonly known as Our Common Future, is a publication released by the World Commission on Environment and Development (WCED) in 1987. Sponsored by the United Nations, the WCED discussed the causes of...

Bank of International Settlements – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is the Bank for International Settlements?The Bank for International Settlements (BIS), also referred to as the “central bank for central banks”, is an international financial institution that provides banking services to both local and international...

Acculturation – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is Acculturation?Acculturation involves the process of change in customs, belief base, and artifacts from contact by two or more cultures. This term also can be used to refer to the results of these changes.How does Acculturation Happen? Acculturation is the term...

Non-Governmental Organizations (NGO) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What are Non-governmental Organizations (NGO)?Non-governmental Organizations, commonly known as NGOs, are non-profit groups formed by citizens to support social or political causes. They may be organized locally, nationally or internationally. The non-governmental...

Nordic Council – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is the Nordic Council?Nordic Council is an organization, formed in 1952 for promoting inter-parliamentary cooperation among the Nordic countries. It has 87 representatives from Denmark, Norway, Iceland, Finland, Sweden, the Faroe Islands, and Greenland. The...

North American Industry Classification System (NAICS) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is a NAICS code?The North American Industry Classification System (NAICS) was developed jointly by the U.S. Economic Classification Policy Committee (ECPC), Statistics Canada, and Mexico’s Instituto Nacional de Estadistica y Geografia to classify the...
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