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 they can improve
Premium Vietnam Life expectancy Multinational corporation
The tortuous Evolution of the Multinational Corporation 3 State of Mind Attitudes • ETHNOCENTRIC - Home Country Attitudes • POLYCNTRIC - Host Country Oriented • GENOCENTRIC - World Oriented 3 State of Mind Attitudes Ethnocentric – Home Oriented – Home Nationals are superior‚ more trust worthy and more reliable than any foreigners in over seas headquarters or subsidiaries – The performance criteria for men and products are “Home made” – Advise/Council flows from headquarters to subsidiaries
Premium Earth Ethnocentrism Polycentrism
Cultural Diversity Reporter: Elvin Kent Daza Introduction Healthcare workers must work with and provide care to a variety of people YOU must be aware of factors that cause each individual to be unique That uniqueness is influenced by many things: Physical characteristics Family life Socioeconomic status Religious beliefs Geographical location Education Occupation Life experiences One major influence is the person’s cultural/ethical heritage Culture The values‚ beliefs‚ attitudes‚ languages‚ symbols
Premium Culture Health care Family
The four forms of multinational corporations are home replication‚ multi-domestic‚ global‚ and transnational. Home replication strategy is the international replication of home based competencies such as production scales‚ distribution and brand power. An example of this is Wal Mart opening in Brazil. Wal Mart has replicated its system which it uses domestically. Multi domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product
Free Globalization Corporation Marketing
Below are four scenarios pertaining to cultural diversity. For this assignment‚ you will prepare a research paper that focuses on one of these scenarios‚ analyzing what happened‚ what the consequences either are or might be‚ and how the situation can be corrected and/or prevented in the future. These must be concrete suggestions that could actually be implemented rather than vague references or opinions. While the situations have been fictionalized‚ there have been actual situations that are very
Premium Citation Bibliography APA style
Cultural Diversity By Ellen LeBreton and Beverley Clarke Factors that may influence the equality of opportunity for individuals There are many factors that may influence the equality of opportunity for individuals for example: • Ethnicity- the fact or state of belonging to a group that has a common national or cultural tradition. • Religious beliefs.- this is when you believe that there is a certain god for each religion for example Jehovah witnesses believe god doesn’t exist and they don’t celebrate
Premium Discrimination Working class Social class
mentioned above about some factors that caused the decline of Multinational Corporation‚ and here is the explanation of those factors: • Technical-Efficiency Forces The Technical-Efficiency Forces has two possibilities First‚ the decline of the corporation came from its inabilities to achieve and to maintain economic efficiencies in market transactions. When the economic environments no longer support efficient operations of the corporation‚ it can find other ecological slots or reduce their operations
Premium Economics International trade Economy
9) Cultural Diversity Enhances a Workplace By: Effie Moore Salem Updated: October 29‚ 2009 Cultural diversity is what gives a workplace class. A workplace with diverse cultures is a most interesting place to work; a workplace without cultural diversity is a workplace going nowhere‚ doing nothing to ensure continuance. People with different cultures are living treasures to an entrepreneurial business. They can be‚ is in the right light‚ educational means
Premium Employment Culture Melting pot
Assignment title: How diversity affects the global business environment Words count: 1405 Due date: 17/03/2011 Date submitted: 17/03/2011 Time submitted: 08.45 am Teacher’s signature: I hereby declare that: i) ii) iii) This work is entirely my own. All sources used in the preparation of this assignment are fully referenced. No part of this work has been submitted for assessment in any other course of study. Signature: Date: 17/03/2011 How diversity affects the global business
Premium Business Globalization Management
dimensions of cultural diversity? Identify and briefly explain the dimensions by referencing both textbooks. · With what ethnic‚ cultural‚ or other groups do you identify? Describe what members of your social circle have in common. · What is the difference between diversity and inclusion? · What is the importance of workplace diversity training? · What is your experience with workplace culture? Could there be‚ or could there have been‚ more inclusion? · What are the dimensions of cultural diversity
Premium Sociology