control over their foreign subsidiaries and international operations. The resulting challenges can be influenced by the low predictability of foreign environments‚ limited experience of a company‚ as well as problems transferring specific knowledge and methods to their subsidiaries. Therefore‚ the appropriate selection of control mechanisms becomes vital for the efficient operation of foreign subsidiaries. The mechanisms of control imposed by the parent company to the subsidiary can be explained within
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12 Determine the Facts Parent Corporation has owned 60% of Subsidiary Corporation’s single class of stock for a number of years. Tyrone owns the remaining 40% of the Subsidiary stock. On August 10‚ of the current year‚ Parent purchases Tyrone’s Subsidiary stock for cash. On September 15‚ Subsidiary adopts a plan of liquidation. Subsidiary then makes a single liquidating distribution on October 1. The activities of Subsidiary continue as a separate division of Parent. Locate the Applicable
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the pharmaceutical industry. Elizabeth has worked for GPC over 12 years and is on her way to visit a French subsidiary plant for a week to study a problem with shelf life testing of one of its newest anti-allergy capsules. The product’s active ingredient seems too degraded faster than the expiration date. She has prepared for herself with the upcoming meeting with the French subsidiary to figure out the problems. As a key manager‚ Elizabeth has visit various offices and know the importance of
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the country as rebels gained control of vast quantities of gold‚ diamonds‚ natural rubber‚ and tropical hardwoods. Until the 1950s‚ Liberia’s economy was almost totally dependent upon subsistence farming and the production of rubber. The American-owned Firestone plantation was the country’s largest employer and held a concession on some one million acres (404‚700 hectares) of land. With the discovery of high-grade iron ore‚ first at Bomi Hills‚ and then at Bong and Nimba‚ the production and export
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Introduction: PRIVATISATION is a process of transfer of ownership of property or business from a government to a private entity. Privatization is not a new phenomenon in Pakistan. Since 1990‚ Pakistan sold off 167 state-owned enterprises (SOEs) at a price of Rs476 billion. The first phase of privatization in 1992-96 included partial privatization of banks; this was followed by the second phase (1997-2000)‚ resulting in the complete denationalization of the banking sector. And the last phase of privatization
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transfer from MNC parent to China subsidiary Pien Wanga‚*‚ Tony W. Tongb‚ Chun Peng Kohc a School of Business‚ National University of Singapore‚ 1 Business Link‚ Singapore 117592‚ Singapore b Fisher College of Business‚ The Ohio State University‚ Newark‚ OH‚ USA c International Enterprise Singapore‚ Singapore Abstract Based on an empirical study of 62 firms‚ this paper develops a two-stage model describing knowledge transfer from MNCs to their China subsidiaries. In the first stage‚ the model proposes
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Managing knowledge transfer in MNCs: the impact of headquarters control mechanisms (article 1) 4 Minbaeva et. al. (2003): MNC knowledge transfer‚ subsidiary absorptive capacity‚ and HRM (article 2) 5 Mudambi (2002): Knowledge management in multinational firms (article 3) 6 Foss & Pedersen (2002): Transferring knowledge in MNC’s: The role of sources of subsidiary knowledge and organizational context (article 4) 7 Gupta & Govindarajan (2000): Knowledge flows within multinational corporations (article
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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
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ELIZABETH VISITS GPC’S FRENCH SUBSIDIARYDiscussion Questions 1. What can Elizabeth Moreno do to establish a position of power in front of French managers tohelp her accomplish her assignment in five days? Explain. The French tend to regard authority as residing in the role and not the person; Elizabeth willneed to find subtle ways to accentuate her expertise‚ her advanced degree in Chemistry‚ andher role as Vice President. Further‚ she will need to demonstrate an intellectual flexibilitywhile
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BSBA III- Financial Management Credit and Collection ADVANTAGES OF CREDIT It’s convenient to use in a wide variety of place in stores‚ on the phone or online. You can manage your budget using your monthly statement with the details of all purchases. It is safer than carrying a lot of cash. You can earn prizes like rebates or points. DISADVANTAGES OF CREDIT If you make late payments‚ do not pay the balance in full‚ or exceed your credit limit‚ you will have to pay extra in fees and interest. Credit
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