Chapter 1 Expanding abroad: Motivations‚ means‚ and mentalities True/False 1. The largest MNEs are equivalent in their economic importance to less developed economies such as Tanzania‚ Estonia or Sri Lanka. Answer: False (Sales of the largest MNEs exceed the GDPs of less developed countries.) Difficulty: Easy Page: 4 and Table 1-1 on page 3 Topic: MNE scope and influence 2. The process of internationalization followed by most firms is usually well-thought out in advance and typically
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Summary: On October 13th‚ 2016‚ I attended a public lecture which was called Transnational Ruptures In A Time Of Impunity.This lecture was hosted at McMaster University. The lecture focused on Guatemala and their problems derived from mining‚ migration‚ and genocide. The lecture was ran byDr. Cathrine Nolin. Nolin‚ who is part of the UNBC‚ went on an educational missionary to Guatemala. Nolin is a social geographer who has won many prestigious education awards. She spoke about the history of Guatemala
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strategic plans accordingly. Further‚ another important aspect that needs to be considered involves human resources. The company should develop a plan to recruit human resources in the foreign market for carrying out the operations. Capabilities of transnational organizations to develop to effectively perform in the multiple environment
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Banana Wars 1. Who is the winner and in the loser the banana wars? The winner/s: The clear winner in the banana wars are the Transnational Companies (Dole and Chiquita) because they can now sell there product with lower tariff and the same time their product price became more competitive in the market. Another winner in this banana wars are the politicians who are being supported financially by Dole‚ who has known for giving generous some of support to both the Republican and Democratic
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In the case of a transnational marriage‚ some people have problems with the adaptation and adjustment to new customs and new language. Speaking another language is the second unwanted alteration for some people. Usually this fact can lead to a quarrel in international families‚ where one has to know the language of the other‚ or both spouses have to speak‚ for example‚ English or another language‚ which can be understood by both. Even though there are a lot of transnational marriages‚ where
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Astronaut Wives Living Transnational Lives; Independence or Gender Inequality? ‘Astronaut wives’ refers to middle to high class women of Hong Kong and Taiwan who raise their children alone in a new country isolated with unfamiliar difficulties. The transnational arrangement is a process which women immigrate to Canada with their children; their husbands leave Canada to work in Hong Kong or Taiwan within a few months and regularly visit until retirement (Chiang‚ 2008). Experiences varied among each
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P&G Japan: SK-II Globalization Case SK-II is a high-end skin care product‚ which has proven to be a success in the highly selective and competitive Japanese cosmetics market. It fits in the Japanese environment nicely. For starters‚ the wealthy Japanese society gives P&G a large market to target. Also‚ the uniquely sophisticated habits of Japanese women means they are more likely to accept the more complicated procedure required by SK-II. SK II involves six to eight steps‚ which is more
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Text and Cases – seventh edition. McGraw-Hill: New Delhi Aswathappa K Aswathappa K. (2010). Human Resource Management: Text and Cases – seventh edition. McGraw-Hill: New Delhi Ball D.A Barlett C and Ghoshal S (1989). Managing Across Borders: The Transnational Solution. Harvard Business School Press:Boston. Bozer A (2011). How Coca-Cola Manages 90 Emerging Markets. [Online]. Available at: http://www.strategy-business.com/article/00093?pg=all/ Last accessed: 25th April 2014 Daft R (2003) Dicken P (2013)
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unprecedented rate. This paper presents an understanding on the general cultural differences between the west and China by applying the cultural dimensions of Hofstede and Bond. The author points out that the all-round impact of cultural difference over transnational operation of enterprises affects not only the cooperative strategy‚ but also the operation and management. It is only through cross-culture communication and management that enterprises can establish good reputation and attain success in its
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It discussed how an individual’s access to community ethnic media also creates a sense of being ‘here’ and ‘there‚’ as their desire to reconnect back to their native and heritage country is strong enough to traverse barriers of a larger transnational community‚ which is also lived and imagined. This chapter has noted that the growth of ethnic media is linked to processes such as migration‚ globalisation‚ and technological innovation‚ yet migrant communities remain largely invisible and under-represented
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