Should an MNC alter its ethical standards to accommodate a host country in order to successfully compete internationally? Why or why not? What are the ramifications of an incorrect decision?
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Should an MNC alter its ethical standards to accommodate a host country in order to successfully compete internationally? Why or why not? What are the ramifications of an incorrect decision?
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- How would you describe Black Diamond’s ethics in terms of how it treats its employees at the company’s factory partners in Vietnam, China, and Bangladesh?Inter-industry trade involves trade among nations with firms producing very similar, highly substitutable items. FALSE TRUEIn what kind of industries does a localization strategy make sense? Why? When does a global standardization strategy make the most sense? Why?
- Is product liability a legal concept that is standardized across nations? Intellectual property? Provide examples.What processes and steps can be took to compete with an MNC by a domestic rival company so that they can remain in the market?Which of the following strategies of multinational companies is more likely to reduce costs? local responsiveness designing advertisements in multiple languages sending employees to foreign trips each year global integration
- Discuss two forms of ethical practices conducted in international trade transactions.On what moral or legal grounds can a single nation inhibit or prohibit other countries from developing new technologies that can challenge their monopoly on these technologies?High pressure for local adaptation combined with low pressure for lower costs would suggest what type of international strategy? Global Multidomestic Transnational Overall cost leadership
- Mazoon dairy has been striving to create a strong ....... in the omani GCC market by providing good quality product for a competitive price A-brand ideantity B-assest C-transparency D-cash flowA small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to decide how best to serve the European Union. Its choices are given below. The cost of investment in manufacturing facilities will be a major one for the Canadian firm, but it is not outside its reach. If these are the firm’s only options, which one would you advise it to choose? Why? Manufacture the product at home and let foreign sales agents handle marketing. Manufacture the products at home and set up a wholly owned subsidiary in Europe to handle marketing. Enter into a strategic alliance with a large European pharmaceutical firm. The product would be manufactured in Europe by the 50–50 joint venture and marketed by the European firm. please help with this discussion postGive an example of a Firm's positive and ethical behavior in the foreign market.