Discuss the factors that a multinational company needs to consider in setting up a factory in a developing country? (20) A multinational company is any organization that has its headquarters in one country‚ but with operating branches‚ factories and assembly plants in other countries. A factory is an industrial building where workers gather and concentrate resources to manufacture goods and operate machine processing one product to another i.e. value adding. Developing country is a nation that
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coffee! You’re about to damage all the important things in your life: your career‚ your friendships‚ and your company!” Frank sat quietly in the overstuffed sofa in his V.P’s expansive office. He thought that the pale green report lying on the desk looked innocent enough but it certainly had provided the basis for some serious turmoil. He stood by his desk trembling with rage. His face was bright red and mottled with anger. Frank had often seen Jim upset‚ but never in a temper such as this.
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once in two minds whether to hide his true identity or to save the guiltless prisoner who was mistaken for him. If he spoke the truth‚ he would be condemned‚ which meant an end to his freedom. I have been in this situation before‚ on the horns of a dilemma‚ not knowing to do what was good for me or to help a friend. It happened in a one-period test. Since I and a girl sitting next to me had not studied it over‚ we decided to cheat by putting the book in her desk case. The test went on well until I
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Multinational companies are giant firms with their origin in one country‚ but their operations extending beyond the boundaries of that nation. For reasons of marketing‚ financial and technological superiority‚ these multinationals are generally considered as a sine qua non of the modernisation of an economy. They have been responsible for the rapid economic liberalisation in India in 1991‚ the question of the entry of multinational corporations (MNCs) has assumed significance. Multinationals
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ETHC-445-68329 Massey Principles of Ethics Rehan Ashraf Homework Assignment‚ Week-3 DeVry University Scenario 1 The Mayor of a large city was given a free membership in an exclusive golf club by people who have received several city contracts. He also accepted gifts from organizations that have not done business with the City but might in the future. The gifts ranged from $200 tickets to professional sports events to designer watches and jewelry. Analysis There is no doubt; the mayor is
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Assignment 1 Stepping away from a company that has brought sales up to an increasing 15% will take courage. Will you have the courage to stand for what is right for the current workers working for a company that is working long hours and a few dollars a day or continue doing business that may cause backlash from the media and public? You are responsible for deciding if you will continue to do business with this company by your CEO while also having the name of your company in the local newspaper as doing
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1.0 Introduction Multinational corporations (MNCs) are corporations that "own or control production or service facilities outside the country in which they are based."(United Nations‚ 1973‚ P. 23) The rise of Globalisation has forced and enabled more companies to venture abroad in order to thrive for more profitability: bigger market‚ cheaper raw materials‚ and lower labour costs. However‚ MNCs have also noticed that the more countries they enter‚ the more ethical issues appear. At best‚ even when
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Week 1 – DQ 1. What ethical dilemmas might CPAs experience? Explain what ethical responsibility a CPA might neglect. (Ch. 17 of Financial Accounting Theory and Analysis) According to our text‚ there are five ethical dilemmas that accountants can experience: ❖ Independence: the accountant must be separate from the company ❖ Scope of Services: the accountant/auditor should not provide services that is not required by an accountant/auditor (consulting‚ tax return preparation‚ tax advice)
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Using consequential‚ rule-based and character theories‚ evaluate Jim’s options. • Consequential-Jim would need to assess how it would affect each worker and the company and identify the benefits or damage it would cause if he fired Bill. Jim would need to makes sure the benefits outweighed the harm. If firing Bill is helpful to the company‚ then it would be acceptable. • Rule-based-With this theory‚ Jim needs to look at the other workers to see if maybe Bill is getting his attitude from them. Bill
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Personal & Business Ethics APPENDIX I Ethical Dilemma Scenarios for Speaker Selection Notes: 1. The following details are also located in the “speaker notes” of the presentation 2. Select appropriate scenarios listed below given the timeframe and audience Ethical Dilemma Discussion (1) You are taking an Algebra exam and you notice the person next to you is cheating off of your paper. You have studied very hard for this exam because you want to maintain good grades and
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