1. Explain why Canada’s foreign-ownership restrictions in the telecommunications sector are a form of “trade protectionism” and how they conflict with the ideals of globalization?
2. By limiting foreign ownership and competition in the telecom industry, the Canadian government is favouring Canadian firms relative to their global rivals. Explain why the federal government should play the role of guardian of these Canadian telecom firms. On the flip side, explain why the government should not protect the existing players from more foreign competition.
3. What are three potential benefits and three potential threats to Canada of more multinational wireless carrier companies coming here?The Context of Business
Understanding the Canadian
Business Environment
Len Karakowsky
York University
Natalie Guriel
York University
Toronto
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Cover Image: © Aslan Alphan/Gettyimages
Credits and acknowledgments for material borrowed from other sources and reproduced, with
permission, in this textbook appear on the appropriate page within the text.
If you purchased this book outside the United States or Canada, you should be aware that it has
been imported without the approval of the publisher or the author.
Copyright © 2015 Pearson Canada Inc. All rights reserved. Manufactured in the United States
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10 9 8 [CKV]
Library and Archives Canada Cataloguing in Publication
Karakowsky, Len, author
The context of business: understanding the Canadian business environment/Len Karakowsky,
York University, Natalie Guriel, York University.
Includes bibliographical references and index.
ISBN 978-0-13-291300-3 (pbk.)
1. Canada–Economic conditions–21st century–Textbooks.
2. Canada–Economic policy–Textbooks. 3. Business enterprises–
Canada–Textbooks. 4. International business enterprises–
Textbooks. I. Guriel, Natalie, author II. Title.
HC115.K342 2013 338.971 C2013-907169-5
ISBN 978-0-13-291300-3
www.pearsoncanada.ca
Brief Contents
Part 1 A Framework for Study 1
Chapter 1 EXPLORING CANADIAN BUSINESS
A CRITICAL APPROACH: What are
the Major Challenges Facing
Business? 1
Part 2 The Internal Challenges 40
Chapter 2 THE EMPLOYEE–EMPLOYER
RELATIONSHIP: What Responsibilities
Do Bosses Have to Their
Employees? 40
Chapter 3 MANAGING THE WORKFORCE:
How Can Business Leaders Best
Manage Their Employees? 77
Chapter 4 ESTABLISHING THE STRUCTURE
OF A BUSINESS: What Does
Organizational Design Have to
Do with Business Success? 116
Chapter 5
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