A part (d) model answer Case study- a multinational company Name a multinational company and one country where it operates Nike‚ Vietnam‚ Southern Asia Explain how the MNC affects local people and the economy of that country. Use at least three developed ideas. Nike is the World’s leading supplier of sportswear. It has many factories in Asia‚ including 24 in Vietnam. It has a major impact on both the Vietnamese people and its economy. Thousands of jobs are created for local people which means
Premium Vietnam Life expectancy Multinational corporation
hand phone company from Finland) enter into China`s market and this has created over 25‚000 jobs for the citizens resides there. So with this it has helps to settled the unemployment problems which it is the main factor of poverty. However‚ there are also some critics about globalisation arises (Please refer to appendix 1.0(b) for more information about Critics On Globalisation). So due to development of globalisation it also contributes to the existence of Multinational Companies keep whereby
Premium Ethics Globalization Human rights
independent nation of Samoa — formerly known as Western Samoa; and the relatively small American Samoa‚ the only U.S. territory south of the equator‚ Hawaii. The subculture in Hawaii is Samoan. Samoan Americans share a lot in common with the American culture. As in America‚ education is very important. Samoans value education. Western Samoa has an very high rate of literacy—approximately 98 percent. In traditional villages‚ education is first received at a minister’s school‚ where children are taught
Premium United States
organisational structure and culture You will need to: compare and contrast different organisational structures and culture Here you need to briefly describe the different types of organisational structure‚ and what different types/formats of culture can be found in organisations‚ and then compare and contrast them – what causes/creates each type‚ and positive factors / negative factors of each. explain how the relationship between an organisation’s structure and culture can impact on the performance
Premium Management Motivation Organization
Multinational consolidation and currency translation • Consolidated financial statement Consolidated financial statements are financial statements that factor the holding company’s subsidiaries into its aggregated accounting figure. It is a representation of how the holding company is doing as a group. The consolidated accounts should provide a true and fair view of the financial and operating conditions of the group. Doing so typically requires a complex set of eliminating and consolidating
Premium Balance sheet Exchange rate Generally Accepted Accounting Principles
Emanuell Williams Ancient Civ Lesson 1: Essay 1 The Mesopotamian Civilization and Egyptian Civilization‚ both at their prime around the same time had many similarities as well as many differences. Both civilizations brought ideas and processes into the world that impacted the development of other societies around the world. The Mesopotamian civilization was a theocracy ruled by a monarchy which they believed to be divine in origin‚ Meaning kings derived their power from the gods and were
Premium Ancient Egypt Civilization Mesopotamia
American Culture Vs Russian Culture America and Russia are two countries who always seem to be in the news. Normally‚ when the two are used in the same sentence‚ there is a lot of tension in the air. Russia and America have had a rocky relationship since the Cold War ended back in 1991 with the collapse of the Soviet Union. Both are very influential countries despite always bumping heads. As you can imagine‚ their cultures are very different. To start off‚ Russia and America both have official
Premium
the firm is determined by the amount‚ timing‚ and risk of the firm’s expected future profits. For the following events‚ the value of the firm is : a. New foreign competitors enter the market The size of market will become large and a lot of companies can supply the goods. There will be no monopoly market and to maintain the profit‚ firm should reduce the quantity with the same price. But the present value of profit will decrease because total of revenue decrease and automatically reduce the shareholder
Premium Economics Time Monopoly
A Multinational Corporation has been described as one that has production facilities or other fixed assets in at least one foreign country and makes its major management decisions in a global context. In marketing‚ production‚ research and development‚ and labor relations‚ its decisions must be made in terms of host-country customs and traditions. In finance‚ many of its problems have no domestic counterpart-the payment of dividends in another currency‚ for example‚ or the need to shelter working
Premium Corporation Multinational corporation International economics
ORGANIZATIONAL BEHAVIOR & LEADERSHIP CASE STUDY: DEVELOPMENT OF A MULTINATIONAL PERSONNEL SELECTION SYSTEM ABOUT THE COMPANY: ComInTec AG & Co. is a worldwide leading industrial company that has administration‚ plants‚ and sales offices in various regions across the globe‚ mainly Central‚ Eastern and Western Europe‚ Asia-Pacific region (APAC)‚ North America‚ Central and South America. In 2006 they had 23‚000 employees worldwide and gross revenue of 5.8 billion Euros in sales. They had recovered
Premium Human resource management Time Team