ERP Localization in a Foreign Subsidiary of the K Company Ji-Ye Mao Wei Wang Mianzhen Pan Foreign subsidiaries of multinational companies (MNCs) are often mandated to adopt the same ERP package used by their parent‚ but the results vary to large degrees. ERP implementation in foreign subsidiaries involves bigger challenges than at home. It is partly because of potential misfits between the software package‚ which reflects European and U.S. industry practices‚ and the local cultural
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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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TASK 1 During my work I will use the example of “Unilever” as a basis of my research. Unilever is a British–Dutch multinational consumer goods company with headquarters in Rotterdam and London. Its products include food‚ beverages‚ cleaning agents and personal care products. Its products are available in around 190 countries. The company owns approximately 400 brands‚ but focuses only on the 14 of them with sales of over 1 billion euro. Those brands are Axe(Lynx)‚ Lipton‚ Dove‚ Magnum‚ Knorr‚ Lux
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Background: The case ‘Elizabeth Visits GPC’s French Subsidiary’ is about Elizabeth Moreno who is a key specialist within GPC. She is travelling from the subsidiary in the Philippines to visit another located in France. The text is about the cultural differences between different countries and people and shows how companies deal with it. GPC has subsidiaries around the world. Despite all technological advances‚ face-to-face meetings and on site consolations are used widely. France in particular
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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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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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K THOMPSON 1/12/13 OPINION EDITORIAL 1ST DRAFT YOUR FREEDOM‚ YOUR RIGHTS AND YOUR GUNS On December 14th‚ 2012; 20 year old Adam Lanza‚ entered Sandy Hook Elementary School to carry out the mass murder of innocent staff and children of the school. This shooting as well as others‚ such as the "Batman" shooting in Colorado‚ have sparked the emotions of almost everyone in our local communities. Members of the media as well as government have been left asking how did this happen in our
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Zara Boutique Clothing Store (as subsidiary of Index SA) • Very strong link between store managers and central design team • Real time sales tracking through the use of electronic equipment- helps to identify trends • Trends translated to products within 15 days (catch the fashion while is still hot‚ thus responding quick to the fast changing taste of young urban consumers). Designs delivered quickly to stores • Continuous analysis of value chain and seeks to achieve control on as many sections
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Your genes are not your destiny. In the latest mega-study‚ researchers at King’s College London‚ followed over 13‚000 pairs of twins over a period of 12 years and came up with a genetic and environmental hotspot map showing that the weighting given to genetics versus environment in one’s development is strongly influenced by one’s geographic location. At first blush‚ these findings sound fairly obvious. After all‚ isn’t the whole point of nature versus nurture to show that environment plays as
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Particulars to be submitted for selection process for Redington India Limited and or for their subsidiaries: Full Name: B-School Name: Permanent Residential Address :( with telephone number and pin code) Age:_______yrs_____month Place of domicile: Brother /s- Name /occupation Sister/s – Name/ occupation Father’s occupation and job details including designation & place of work: Mother’s occupation and job details including designation &place of work: Whether you have own house in the
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