GNI is the best measure of a countries development to what extent do you think this is true The Gross national income (GNI) is the total domestic and foreign output claimed by residents of a country‚ consisting of gross domestic product (GDP) plus factor incomes earned by foreign residents‚ minus income earned in the domestic economy by non-residents. GNI is based on ownership‚ and GDP is based on location. The income groupings use GNI per capita since they follow the same methodology used by the
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The tortuous Evolution of the Multinational Corporation 3 State of Mind Attitudes • ETHNOCENTRIC - Home Country Attitudes • POLYCNTRIC - Host Country Oriented • GENOCENTRIC - World Oriented 3 State of Mind Attitudes Ethnocentric – Home Oriented – Home Nationals are superior‚ more trust worthy and more reliable than any foreigners in over seas headquarters or subsidiaries – The performance criteria for men and products are “Home made” – Advise/Council flows from headquarters to subsidiaries
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Thirty-three percent of students admit to falling asleep in class regularly(Barrington Petition). In my opinion‚ school should start later because it increases focus in class‚ better grades‚ and it is becoming a regular thing in schools nationwide. (1)The reason many students and faculty feel this way is because they notice the student’s attention spans. (2) In the morning‚ I can personally recall yawning‚ shutting my eyes‚ and not doing my work to my full abilities. (3) Interestingly‚ I have
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MNCS IMPACT ON LABOUR STANDARDS IN DEVELOPING COUNTRIES INTRODUCTION Globalization has increased the economic power of the multinational corporations (MNCs)‚ especially in developing countries where MNCs have shaped the economy through foreign direct investment (FDI)‚ knowledge transfer‚ influence on employment rates and strong competition within the domestic market. Additionally‚ MNCs have a direct impact on the economic‚ political‚ and social landscape of developing countries; their business
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institution Multinational Corporations (MNCs) is companies‚ which own or control production or service facilities in more than one country. In order to obtain plant and other production facilities in foreign countries‚ an MNC must invest. Thus an MNC has to be a foreign investor. As MNCs influence many countries‚ it can be defined as the host country and the home country. Host country is the country that receives the investment. Home country is the base of the company. For the host country‚ MNCs help
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Multinational corporations are large companies which operate in more than one country. Developing countries are the host countries and have become the object of study as there are many questions regarding the benefits of hosting a MNC. Are MNCs contributing to the sustainable development of a developing country? Or‚ do they simply exploit developing countries creating a country dependent on that MNC for their own economic‚ social and ecological growth? Apparently they are transferring new technologies
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The four forms of multinational corporations are home replication‚ multi-domestic‚ global‚ and transnational. Home replication strategy is the international replication of home based competencies such as production scales‚ distribution and brand power. An example of this is Wal Mart opening in Brazil. Wal Mart has replicated its system which it uses domestically. Multi domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product
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above about some factors that caused the decline of Multinational Corporation‚ and here is the explanation of those factors: • Technical-Efficiency Forces The Technical-Efficiency Forces has two possibilities First‚ the decline of the corporation came from its inabilities to achieve and to maintain economic efficiencies in market transactions. When the economic environments no longer support efficient operations of the corporation‚ it can find other ecological slots or reduce their operations. Second
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foreign currencies (Madura‚ 2008). These techniques are mostly used by multinational corporations who engage in foreign trade. In that case‚ exchange rate fluctuations may impact on profits. Hedging is some form insuring revenues from exchange rate fluctuations. QN1. Compare the hedging alternatives for the THB with a scenario under which Blades remains un-hedged. Do you think Blades should hedge or remain un-hedged? If Blades should hedge‚ which hedge is most appropriate? Net Baht to be paid/received
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as defined in the dictionary‚ is a fair and permissive attitude toward those who race‚ religion‚ nationality‚ etcetera‚ differs from one’s own. In today’s society we misuse the word tolerance. In such examples as‚ I am very tolerable of so-and-so. So to emphasize the true meaning of tolerance‚ society should look at the events that took place in history. There has been no tolerance in races‚ religions‚ and other characteristics of human nature. In AD313 the Roman emperor Constantine the Great decreed
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