0) A conglomerate multinational is one that A) produces various stages of production in different countries. B) one which exports more than 50% of output. C) produces the same product in more then one country. D) produces different products in different countries
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30) A conglomerate multinational is one that
- A) produces various stages of production in different countries.
- B) one which exports more than 50% of output.
- C) produces the same product in more then one country.
- D) produces different products in different countries
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- In 2005, Hydrola make and updated their website with different languages, which enables the foreign customer to view and build an international network between them, which that lead to the company expand in the region without local intermediaries due to the internationalization of the organizational culture. Following the creation of its website, Hydrola received numerous expressions of interest from abroad. Contrary to the CEO's expectations, requests were not coming from European and American markets, but rather from Africa, the Middle East, and Latin America. The company has selected Tunisia, Senegal, and Mexico as the initial choice of expansion markets. Hydrola's business is the production and maintenance of hydraulic and pneumatic spare parts for industrial machinery. Besides the countries mentioned above, what other countries are potential expansions for Hydrola? Please propose 5 countries and the reason (Except for China), and the 5 main indicators related to export strategy…METL Group, Tanzanian home grown with presence in eleven countries in Africa appoints highly qualified and technically trained managers. The group decided to expand its operations after realising that Tanzanian market has matured. It is group's policy to invest in its people and infrastructure. It also takes advantage of availability of cheap materials other factors of production although there is strong domestic competition from other giants such as Azam group, METL has focused on producing the products which it do better than that of its rivals. The market segment chosen by METL does not necessitate sophistication of products given the nature of customers it services. Required Using MELT as a case study discuss factors for the growth of global business and MNCsMcDonald’s Global Compensation Practices: This feature explores McDonald’s efforts to develop a global compensation and performance appraisal strategy. McDonald’s, which has over 400,000 managers and senior employees working in 118 different countries, wants its new program to provide some standardization of compensation and performance appraisal for the firm, but at the same time, allow subsidiaries to tailor the program to local market conditions. Discussion Questions 1. What does McDonald’s hope to gain from having a global compensation and performance appraisal system in place? 2. How does the compensation and performance appraisal system introduced at McDonald’s allow managers to take local market differences into account? Why is this type of approach important to employees? 3. How does McDonald’s approach help the company to consider local differences when reviewing the performance of different country managers and awarding bonus pay?
- N5 When deciding whether to allow two large firm to merge, which of the following conditions has the government imposed most often? The new firm must lower prices. The new firm must open a new factory. The new firm must hire more workers. The firms must sell off parts of the businesses so the new firm will not be quite as large.1. Nori is a firm that sells products in an industry with a very high concentration of sellers. Nori's production decisions must consider its competitors' possible production decisions. In which market must Nori operate? A-Perfect market B-Monopoly market C-Oligopoly market D-Monopsony market E-Monopolistic competition 2. Koel is the single producer of home air conditioners in its rural market. The firm's monthly demand is described by the equation P = 5000 − 5Q, where P is the price and Q is the quantity of units sold. Which of the following must be true of Koel? A-An increase in price decreases the quantity sold. B-It is a natural monopoly. C-A decrease in price decreases the quantity sold. D-Higher levels of output bring in increasingly lower total revenue if demand is elastic. E-Maintaining the current price decreases the quantity sold over time.One experienced entrepreneur says that when a company provides great service, its reputation benefits from a stronger emotional connection with its customers, as well as from increased confidence that it will stand behind its products. Explain why you agree or disagree with this statement in no less than 1000 words.
- Discuss this statement. "An understanding of the causes and consequences of performance ambiguity is central to the issue of organizational design in multinational firms."Global Wannabe (GW), a manufacturer of musical instruments, is eager to internationalize. New to international business, within the coming four years, senior management wants GW to generate at least one-third of its sales from abroad by establishing foreign marketing subsidiaries and production bases in low-cost countries to cut manufacturing costs. GW’s president, Larry Gerber, has appointed you to the task force charged with recruiting managers who can run GW’s operations abroad. 3.2 What measures can you take to enhance the prospects of placing women in international business jobs?When deciding whether to allow two large firms to merge, which of the following conditions has the government imposed most often? A. The new firm must lower prices. B. The new firm must open a new factory. C. The new firm must hire more workers. D. The firm must sell off parts of the businesses so the new firm will not be quite as large.
- The main distinction between applied and basic business research is that: a. basic research does not have to be carried out in a scientific manner b. basic research undertaken to make a contribution to existing knowledge, whereas applied research is undertaken specifically to solve a current problem c. applied research is aimed at solving a currently problem, whereas knowledge gained by the findings of basic research cannot be applied by organizations to solve their own problems d. none of the aboveSamsung is a South Korean company and its global success story was started with the launch of the Galaxy S series of smartphones by the end of 2000. Now, Samsung is included among top 5 companies that are manufacturing electronic apparatuses in all over the world. Samsung is considered as one of the main suppliers of electronic goods such as flash memory, chips, semiconductors, batteries and hard drive to other manufacturing companies such as Sony, Nokia etc. The company is also providing a wide range of electronic products to consumers, like smartphones, tablets, audio sounds, smart switches, refrigerators, air solutions, monitors etc. During COVID-19 pandemic, Samsung supported the global fight with corporate social responsibility (CSR) initiatives such as the smart factory program and also providing training to human resources. Samsung has also been working on different projects with United Nations Development Program (UNDP) for achieving Sustainable Development Goals, for example,…Every organization relies on its own unique bundle of organisational stakeholders . Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and notfor-profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firm’s products or services. But toknow who is are the customer for a not-for-profit, and are the categories ofproduct, market, organization, and capital market stakeholders might bechallenging to obtain the needed information. 1. Decide on ONE not-for profit organisation either local or internationalbased. Write a detailed information regarding the chosen not-for…