Chapter 14 Multinational Capital Budgeting Lecture Outline Subsidiary versus Parent Perspective Tax Differentials Restricted Remittances Excessive Remittances Exchange Rate Movements Input for Multinational Capital Budgeting Multinational Capital Budgeting Example Background Analysis Factors to Consider in Multinational Capital Budgeting Exchange Rate Fluctuations Inflation Financing Arrangement Blocked Funds Uncertain Salvage Value Impact of Project
Premium Net present value United States dollar Cash flow
culture on knowledge transfer: the case of the multinational corporation Leyland M. Lucas Department of Management and Business Administration‚ Morgan State University‚ Baltimore‚ Maryland‚ USA Abstract Purpose – This paper aims to look at the issue of culture’s role in knowledge transfer within multinational corporations (MNCs). Studies of MNCs have hinted at the importance of culture to the performance of subsidiaries. Using Hofstede’s cultural dimensions of power distance‚ individualism/collectivism
Premium Knowledge Culture Tacit knowledge
Configurations of Strategy and Structure in Subsidiaries of Multinational Corporations Author(s): Julian M. Birkinshaw and Allen J. Morrison Source: Journal of International Business Studies‚ Vol. 26‚ No. 4 (4th Qtr.‚ 1995)‚ pp. 729-753 Published by: Palgrave Macmillan Journals Stable URL: http://www.jstor.org/stable/155297 . Accessed: 06/04/2013 06:34 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms
Premium Hierarchy Subsidiary Multinational corporation
talk the "same" language. When the languages are different‚ and translation has to be used to communicate‚ the potential for misunderstandings increases. Stella Ting-Toomey describes three ways in which culture interferes with effective cross-cultural understanding. First is what she calls "cognitive constraints." These are the frames of reference or world views that provide a backdrop that all new information is compared to or inserted into. Second are "behavior constraints." Each culture
Premium Culture Emotion Communication
CULTURAL COMPETENCY Cultural competency is communicating and accepting everyone with no cultural barriers • Ensuring that the everyone the setting are aware of their own culture and have a clear view about other cultures • Ensuring that everyone has a positive attitude towards other cultures and belief. • Ensuring that everyone in the settings has a good knowledge about the different cultural practices across the world. • Ensuring everyone are skilled in communicating and interacting with people
Premium Culture Sociology Cross-cultural communication
Is Culture a “Golden Barrier?” Numerous studies have been conducted specifically on chimpanzees in order to determine whether culture exists in their species. Scientists argue about the existence of a cultural “golden barrier” between chimpanzees and humans. A golden barrier meaning the existence of a difference in chimpanzee and human culture. I believe that humans and chimpanzees (Pan troglodytes) both have the ability of cultural transmission‚ therefore both humans and chimpanzees have some sort
Premium Culture
Cultural brokering is the act of bridging‚ linking or mediating between groups or persons of different cultural backgrounds for the purpose of reducing conflict or producing change (Spector‚ 2017). A cultural broker is defined as a go-between‚ one who advocates on behalf of another individual or group (Spector‚ 2017). As a nurse caring for the German population‚ we must possess knowledge of values and beliefs of cultural groups; an understanding of traditional and indigenous wellness and cultural
Premium Health care Medicine Patient
Rationale With the specified barriers to healthcare and discussion of mental illnesses within clinics and traditional medical settings‚ the integration of mental health into the overall health care system becomes even more vital (Rios-Ellis‚ 2004). Care for most illnesses is commonly covered by private and public insurance but most insurance plans only provide a certain amount of coverage for treating mental illness. The separation that exists with respect to financing mental health care when equated
Premium Health care Medicine Health
Achebe’s novel‚ Things Fall Apart‚ he uses the language barrier‚ cultural differences‚ and family bond to show the readers that communication is key in life to success. In this novel‚ the use of language barriers creates complications in their village‚ Umuofia. For instance‚ when American students have foreign professors sometimes it may be difficult to understand‚ but it’s not because they are
Premium Chinua Achebe Things Fall Apart Culture
The African Economic and Business Review‚ Vol. 3‚ No. 1‚ Spring 2002 1 Challenges in International Benefits and Compensation Systems of Multinational Corporation Semere Haile Grambling State University Abstract The aim of this paper is to examine developments on the type and amount of compensation necessary to attract technically and culturally qualified international managers and technical professionals to the three nationals or country categories involved international human resource
Premium Human resource management Salary Management