primary motive for U.S. multinationals to produce abroad has been to a) lower costs b) respond more quickly to the marketplace c) avoid trade barriers d) gain tax benefits Ans: b Section: evolution of multinational Level: Easy 1.2 The primary objective of the multinational corporation is to a.) maximize shareholder wealth b) maximize world production c) minimize debt d) minimize the cost of doing business globally Ans: a Section: Multinational Financial Management:
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organizations can and have approached the management of a diverse workforce, the same cannot be said about the literature on diversity in an international setting. Indeed, from a diversity management perspective we know surprisingly little about how multinational firms are responding to the increasing globalization of their workforce. This study seeks to contribute to this underresearched area through an in-depth longitudinal case study of TRANSCO, a well-known European MNC, which has been attempting to
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Introduction Part (A) examines the evolving role of the multinational subsidiary unit and the factors which have helped to shape this evolution. Delaney (1998) poses the question of whether subsidiaries are “dumb sub-contractors or initiative-takers?” Historically, the literature on the topic has supported the notion that subsidiaries are subordinates of the parent company, carrying out tasks and performing functions as requested from corporate headquarters (Jarillo and Martinez, 1990). In recent
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INBS 4350 Homework- Quiz 8 Name:______________________________________ 1. What led Samsung to reorganize in 2009? A) failed joint ventures B) foreign trade restrictions C) global economic conditions D) emerging market competition 2. Structure must fit an organization's ________, or it will not work. A) environment B) traditions C) culture D) strategy 3. Firms typically internationalize
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Accelerated Innovation: The New Challenge From China Magazine: Summer 2014Research Feature April 23, 2014 Reading Time: 23 min Peter J. Williamson and Eden Yin Rather than focusing on technological breakthroughs, Chinese companies are finding new ways to innovate that reduce lead times and speed up problem solving. Companies elsewhere should take notice. Chinese companies are reengineering new product development in ways that reduce lead times. Chinese companies are opening up a new
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Overview Globalization, a process --- increased proportion of economic, social and cultural activity --- across national borders --- has significant economic, business and social implications. “The geographic dispersion of industrial and service activities --- research and development, sourcing of inputs, production and distribution, cross-border networking of companies --- joint ventures and the sharing of assets” “Increasingly free flow of ideas, people, goods, services and capital leads to the
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Cover page The Case Company name: Praxair, Inc. Praxair, Inc. is a large international industrial gases company. Praxair was originally founded in 1907, headquartered in Danbury, Connecticut. It was the first company in North America to commercialize cryogenically separated oxygen.The company introduced the first distribution system for liquid gas in 1917 and developed on-site gas supply in the 1940s.In the 1960s, Praxair introduced non-cryogenic means of air separation.Now days, Praxair supplies
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Bayer is so diverse, how does the bayer.com webpage portray cultural diversity. Germany is the largest country in the European Union, and Bayer is in the Top 5 companies from a market valuation perspective on the German stock exchange. As all multinational companies, and United States (US) being the largest market in the world, Bayer also has a very large presence in the US. Finally, the business model is very interesting where Bayer has three main pillars of business; 1) Pharmaceuticals (prescription
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product in Chinese market. Thousands of investor and manufactories came to this potential market, and was willing to invest huge capital to build manufactories from the ground. It really helps Chinese economy reaching boom until present, and because multinational corporation like Wal-Mart, people can have job and better life. However, after watched the film, my perspective about Wal-Mart has changed from a cheap and convenient market to an immoral corporation manipulated vulnerable groups or emerging countries
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Which of the following is not a core characteristic of the decentralized federation structure? D. Reporting and oversight conflicts prevail Which of the following is not a core characteristic of the coordinated federation structure? B. Subsidiaries are regarded as key sources of knowledge and expertise. Which of the following is not a characteristic of the companies with centralized hub structure? C .Most of the manufacturing and product development is executed but the subsidiaries Which of
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