multinational company needs to consider in setting up a factory in a developing country? (20) A multinational company is any organization that has its headquarters in one country‚ but with operating branches‚ factories and assembly plants in other countries. A factory is an industrial building where workers gather and concentrate resources to manufacture goods and operate machine processing one product to another i.e. value adding. Developing country is a nation that is poor and whose citizens are mostly agricultural
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VUCA is an acronym used to describe or reflect on the volatility‚ uncertainty‚ complexity and ambiguity of general conditions and situations. The common usage of the term VUCA began in the late 1990s and derives from military vocabulary and has been subsequently used in emerging ideas in strategic leadership that apply in a wide range of organizations‚ including everything from for-profit corporations to education. Meaning The deeper meaning of each element of VUCA serves to enhance the strategic
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the Developing World Even in the first world‚ women face situations where they feel devalued in comparison to men. They may go to purchase a home‚ TV‚ or a car and be ignored by a sales person because there is a man present and he is the decision maker with authority and power‚ who of course knows what he is doing. However‚ these women are voters‚ drivers‚ salary earners‚ and property owners; they have value and play a role that is considered to be important to society. Women in developing countries
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and devastating the environment‚ while few supporters see it as a fast way to universal peace and prosperity. Many developed countries started to liberalise in the 1980 ’s following the imposition of World Bank and IMF structural adjustment policies. Advocates would argue that this liberalisation would help economic growth‚ which will reduce poverty and that countries with more open markets will have experienced higher growth rates that those with protectionist policies [Ades &Glaeser 1999]. However
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UNIT 1 Writing an Expository Essay Part 1 Part 2 Part 3 Essay structure and the introductory paragraph Body paragraphs‚ concluding paragraphs‚ and outlining Improving your work © Cambridge University Press www.cambridge.org P a r t 1 Essay structure and the introductory paragraph Essay structure An essay is a piece of writing made up of a number of paragraphs. Each paragraph has a specific role in an essay. In a five-paragraph essay‚ the first paragraph is an introduction; the
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marketplace". Markets are rapidly being denationalized as it were. The writer also mentioned that the Capital‚ for instance‚ is no longer restricted to financing projects in domestic markets with poor returns but can be shifted instantaneously to any country that offers more productive investment opportunities. Communication is now global‚ and the consequences are not only economic‚ but social and political as well. On the political side‚ globalization poses a serious challenge to the old idea of “national
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comprehensive planning was negatively correlated with venture survival in such environments. While there are implications for strategy theory‚ the study is also relevant to entrepreneurs and organizations promoting new venture planning in less-developed countries‚ particularly those experiencing political and civil turmoil. Currently‚ prospective entrepreneurs are taught the importance of business planning by both universities and non-governmental organizations that offer entrepreneurial training. But this
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it has caused negative impacts on their countries’ economies as well as serious concerns about their nationalities and identities‚ which globalization gradually erases. The primary adverse effect of globalization is that it destabilizes the foundation of the developing countries’ economies. After cross-border movements of money and goods had become much faster and easier‚ many cheap and well-made products have invaded the markets of emerging countries. As a result‚ many local products almost have
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have managed to maintain its presence in France which is a key success factor for them as a European producer as well as being able to draw upon the knowledge of Nissan in developing an electric car‚ which many believe is the future in the car industry. Ghosn‚ Renaults CEO‚ is CEO of Nissan also and has been successful at developing a culture of innovation and cooperation through economies of scope – they share common parts and
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pursue their economic inclinations anywhere. Considering the security of the parents‚ their family obligations are minimized. Unlike in the less developed countries‚ especially among Asians‚ the children have to take personal care of their poor old parents. An extended family system‚ which is common in the Philippines and other developing countries‚ is good in the sense that there is unity‚ and the welfare of the old and the young members are protected by the stronger adult members‚ usually the eldest
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