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- In "Looking Beyond the Wal-Mart case" which statements are not true?-Multinational executives in the U.S. and other countries are taking anti-corruption statutes more seriously than in the past. -Even in developing countries the lines between a gift and a bribe are very clear. -Most multinationals attempt to skirt around the requirements of the Foreign Corrupt Practices Act (FCPA) -b^ and c -Unlike smaller firms, huge firms like Wal-Mart have power over their suppliers and can implement some best practices not accessible to small firms .Dirty Little Secret Money. Secrecy. Foreign officials. “Greasing palms.” Bribery. That’s the dirty little secret about doing business globally that managers at multinational companies don’t want to talk about. Although 39 countries worldwide have signed up for the OECD Anti-Bribery Convention to outlaw bribery and corruption, the problem is far from gone. Take Greece, for example, which has been censored by the OECD for failing in its promise to crack down on corruption. The practice of political favoritism and passing “fakelaki”—envelopes stuffed with cash—in return for services is as prevalent today as it ever was. Indeed, since the country joined the European Community, more than 150 scandals have come to light, and it is thought that part of the blame for the country’s €367 billion ($486 billion) debt is down to an epidemic of corruption. From needless jobs to a refusal to give receipts, through tax evasion and then on to high-level bribery, it is estimated that Greek citizens…ETHICS PROBLEM Is there a conflict between maximizing shareholder wealth and never paying bribes when doing business abroad? If so, how might you explain the firm’s position to shareholders who are asking why the company does not pay bribes when its foreign competitors in various nations clearly do so?
- Give typing answer with explanation and conclusion Many businesspeople contend that bribery is an unpleasant but necessary part of international business, especially in countries such as China, where business gift giving is widely accepted and expected. How do you feel about bribery? If bribery is acceptable in a country where a U.S.-based company is doing business, is it okay for the business to participate in it?Jan believes that paying bribes is the only way to overcome the problems caused by the poor infrastructure in Russia. Is this really the only way of tackling these problems? How do you explain Rob's comment that 'the Russians and the mafia are in it together'?How to create contractual duties for England and see if the contractual duties would need to change for France, and what do you list the consequences of breaching those duties to assist with managerial decisions?
- What forms can use the managers of multinational corporations to assess political risk? What do you think is the relative effectiveness of these different methods? (1p)Zoom in on the pictures to see it better, Please help thank you. I need it soon. Question: 1.How each of the trade theories can help explain Ecuador’s competitive position in exporting roses?strategic use of counter trade schemes as a marketing weapon to generate export revenue How might a company make strategic use of countertrade schemes as a marketing weapon to generate export revenue? Is Starbucks coffee addicted in other countries just like in the US? Do other countries children drink Starbucks coffee like the US children What age do they start drinking coffee overseas?
- Industrial espionage is a kind of technology transfer. claims the very DNA of Google is being drained by China, and that the United States will lose its competitive advantages with respect to China. Do you agree or disagree? Why? How else is technology transferred? Is it possible to stop technology transfer of any kind?Cigna-NFTC Survey Indicates Expatriates Want More from Their Employers This case discusses a recent survey conducted to uncover some of the challenges facing expatriates as they go on international assignments. The report emphasizes the gap between what multinationals offer to their expatriates and what these expatriates perceived as missing. 1. Why is it so costly to employ expatriates in other countries? 2. What are some of the major costs associated with expatriates? 3. What are some important trends revealed by this survey? 4. How do these trends compare to the report conducted in 2001? 5. If you were the HR manager for a multinational, what would be your recommendations as to how to improve services offered to expatriates?The last decade has proved to be rough to world’s economy. NAFTA has turned to CUSMA and BREXIT happened at the turn of the decade. J. Bolsonaro a conservative figure has come to power in Brazil and Parliament in Ottawa has seen more seats slipped away from the Liberals towards the conservatives. All of these actions have the common ground for nationalism and isolation right at the time we need unity more than ever to fight man made disasters such as climate change, pollution, and run the vaccination campaign which proved to be on the continuous basis for the next couple of years. Nations separating from each other and running for their own good regardless of the overall goodwill of the international community. Discuss how these actions and behaviours can cause havoc in international scale and what will be the aftermaths of such actions