award: 10 out of 10 points The ideal political climate for a multinational firm is: | a country where international laws do not apply. | | a country where favors can be purchased cheaply. | | a stable‚ friendly government. | | a government where absolute power is a reality. | | an authoritarian government that can be dealt with through non-legal channels. | The ideal political climate for a multinational firm is a stable‚ friendly government. Because foreign businesses are
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An Upstreamr-Downstream Hypothesis Chuck C. Y. Kwok* UNIVERSITY OF SOUTH CAROLINA David M. Reeb** AMERICAN UNIVERSITY Corporate international diversification theory posits that multinational corporations (MNCs) should have lower risk and higherfinancial leverage than purely domestic corporations (DCs). We suggest an alternative upstream-downstreamhy- pothesis according to which the overall effect of internationalization on the risk and leverage of MNCs is expected to vary with home
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Chapter 15 Managing Human Resources Globally True / False Questions 1. Currently‚ exports account for 11 percent of the gross domestic product in the United States‚ and they have been growing at a rate of 12 percent a year since 1987. True False 2. All NAFTA‚ EEC‚ and GATT member countries share a common currency‚ the euro. True False 3. The General Agreement on Tariffs and Trade is an international framework of rules for reducing trade barriers around the world. True False
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implement methods and techniques that have worked in one country may be inappropriate for another. * The challenge of multinationals is to create a system that operates effectively in multiple countries by exploiting local differences and interdependencies and at the same time sustaining global consistency. Factors driving standardization * Strategic issues – multinational firms operate in the context of worldwide conditions‚ including the external contexts of industry‚ nation‚ region‚ and inter-organisational
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Case Study 1- Primark Beyond Corporate Social Responsibility Jessica Godin Bus 100- C. Morgan Tidewater Community College September 26‚ 2014 Discussion Point 1: Describe what is meant by CSR. In the case study CSR is described as changes in available workforce or the business’ impact on its local communities. Corporate social responsibility (CSR) represents the responsibility that a business has towards all its stakeholders‚ not just to owners or shareholders‚ to deal with their needs
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Johnson & Johnson‚ a global company‚ posts that "The fundamental objective of Johnson & Johnson is to provide scientifically sound‚ high quality products and services to help heal‚ cure disease and improve the quality of life." This and a bit more information about the company and its objectives and vision can be gathered by reading from the Johnson & Johnson company page at their web site. There are numerous links there to other Johnson & Johnson posts including one to the company
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zationQuestion 1: In the last decade‚ globalization has become one of the most frequently mentioned phenomena in the world. We hear about globalization almost everyday through the means of mass media‚ text books‚ research projects and so on. Thus‚ the term “globalization” is quite familiar to us‚ and we all acknowledge that we are in the era of globalization. However‚ globalization itself is a very wide‚ abstract‚ and at times even contradictory concept. Therefore‚ in this essay‚ my discussion
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CHAPTER 1 MULTINATIONAL MANAGEMENT IN A CHANGING WORLD Learning Objectives 1. Define multinational management 2. Understand the characteristics of a multinational company 3. Understand the nature of the global economy and the key forces that drive globalization 4. Know the basic classification of the world’s economies 5. Be able to identify the characteristics of the next generation of multinational managers Introduction 6. Businesses of all sizes‚ whether from the old or new
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1 A Consultancy Report to the Vice-President of HR of HUAWEI Huawei‚ which was founded in 1987‚ has become one of Chinese most successful private enterprises now and was listed as one of the top 10 world’s most influential companies by the BusinessWeek (U.S.A) in 2008i. From the registered capital of 20‚000 RMB to net profit of 2012 of 15.38 billion RMBii‚ a dramatic change not only occurred in Huawei’s annual income‚ but also occurred in the rapid development of HRM of Huawei. It can’t
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question x-1 How has globalization affected different world regions? What are some of the benefits and costs of globalization for different sectors of society? • Globalization: the process of integration among countries around the world with a vision of a single market entity: Social Economic Political Technological Cultural • Internationalization: the process of a business crossing national and cultural borders. Globalization: Pros and Cons • Benefits
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