International Business: Competing in the Global Marketplace
International Business: Competing in the Global Marketplace
12th Edition
ISBN: 9781259929441
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
Question
Book Icon
Chapter 19, Problem 5CDQ
Summary Introduction

Case summary:

Company A is a pharmaceutical company located in Country L; it is one of the largest companies in the world. This company believes that global workforce is important for the managers who are comfortable with different cultures and countries. To improve and develop such mangers’ skills, Company A shifts the managers to different countries for 3-year projects.

Company A selects the managers carefully to take part in the program and then gives them practice for foreign projects. For rapid growth, the company wants to have diversity in the global workforce.

Characters in the case:

Company A

Country L

Introduction:

Diversity means recognizing the differences and understanding the scope of individuals; this includes gender, race, age, political beliefs, religious status, and physical abilities.

To determine: The reason behind the effort of Company A in raising employee diversity and the way in which the company is benefited from this.

Blurred answer
Students have asked these similar questions
SA Tech Firms Strive To Disrupt Gender Status Quo (3 September 2021, ITWeb) South African technology firms are stepping up efforts to hire more women, as they also press forward to ensure more women progress to C-suite roles. Although more women have entered SA's male-dominated tech industry over the past few years, defining the status quo remains a tough mission, with women still significantly under-represented within the sector, and men still earning higher salaries. Only 23% of tech jobs are held by women in SA - out of 236,000 ICT roles, according to a study by Women in TechZA. The imbalance between men and women in the global technology sector is unlikely to be remedied unless organisations, schools and universities work together to change entrenched perceptions about the tech industry, according to a PwC report. Cisco, SAP, BCX and Dell told ITWeb their company culture is changing, as they prioritise paving multiple pathways and introduce initiatives to ensure women enter and…
Identify at least 1 best International Business strategy and 1 leadership quality that you think  will be applicable and useful to you as a student/future employee. Explain why and provide a specific example.
Answer these question above including citation and references (not Ai): 1. Could Nike have done more to alleviate the accusations made against them at this time? If so, what could they have done better?   2. What are the key factors that can empower workers in international production systems to advocate for better labor conditions, what can companies do to support these efforts?   3. What lessons could be learned from Nike's experiences regarding corporate responsibility, and labor rights.​   4. Does Nike and other multinational corporations have an ethical responsibility to ensure fair labor practices in countries where they manufacture their products.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub