Sustainable Development: The Role of Multinational Corporations Gary Quinlivan‚ PhD Saint Vincent College The economic role of multinational corporations (MNCs) is simply to channel physical and financial capital to countries with capital shortages. As a consequence‚ wealth is created‚ which yields new jobs directly and through “crowding-in” effects. In addition‚ new tax revenues arise from MNC generated income‚ allowing developing countries to improve their infrastructures and to strengthen
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Management Essay Organization Culture Introduction: In this essay‚ I will firstly discuss the issue of culture metaphor developed by Morgan in 1986; secondly‚ the effect of organization culture on the design of organization structure and national culture on organization culture will be analyzed. Lastly‚ I will comment on the ways of power exist in an organization. Culture metaphor There are many theories and perspectives people can take to study and design an organization. Since it is a
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Stern School of Business‚ New York University Management and Organizations Spring 2013 Professor: Aiwa Shirako Office: Tisch‚ Suite 701D Phone: (212) 990-4005 Email: ashirako@stern.nyu.edu Office hours: By appointment SECTIONS: MGMT-UB.0001.02 MGMT-UB.0001.03 MW 9:30-10:45am UC24 MW 2:00-3:15pm: UC24 TF: Esther Leibel : eleibel@stern.nyu.edu TF: Junghyun Suh: jsuh@stern.nyu.edu Course Blackboard (BB) site: http://sternclasses.nyu.edu Slides‚ announcements‚ and some course materials will be
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WRITTEN RESPONSE #4 MGNT 4670 1) What are the two types of pressures that firms competing in the global marketplace typically face? Pressures for cost reductions and Pressures to be locally responsive Under what types of conditions do these pressures arise? Pressures for cost reduction: Intense in industries of standardized‚ commodity type product that serve universal needs Meaningful differentiation on non-price factors is difficult Major competitors are based in low-cost locations
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Managing Xerox’s Multinational Development Center Case Summary: This case describes a manager Clendenin’s use of the Multinational Development Center to enhance the efficiency of Xerox’s worldwide logistics and inventory management. He has done this though the development and implementation of a wide range of improvements in multinational computer and management systems. The case describes Clendenin’s multiple strategies for overcoming these difficulties. It Illustrates a range of management
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well explained - the risk for organizations - final considerations 1.1 Executive summary/ L.O! In times of uncertainty and change‚ organizations need new and effective managerial tools in order to cope with the rising competitiveness of markets. In this context‚ the concept of organizational learning is receiving growing attention among both managerial and academic surroundings in the last two decades. Among many possible definitions of a Learning Organization‚ David A. Garvin‚ a leading
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Corruption‚ violence‚ fueling terrorist organizations‚ unstable regimes‚ ransom‚ and security concerns are common issues faced not just by multinational corporations but also the citizens of many developing nations. Some people blame poverty as a reason‚ some people blame political instability and some people point the finger at the hunger for power for some of these issues that many third world nations are facing. How can people cope with such situations? How can the executives of companies and
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International Financial Management‚ 2e (Bekaert / Hodrick) Chapter 1 Globalization and the Multinational Corporation 1.1 Multiple Choice Easy 1) Which of the following was created in an effort to promote free trade? A) World Trade Organization B) the Sarbanes-Oxley Act C) multilateral development banks D) the Organization for Economic Cooperation and Development Answer: A 2) Which one of the following is an investment from which the payoff over time is derived from the performance
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for their vacation trip will not be too much bothered with shifts if the exchange rates. However‚ for multinational companies‚ dealing with very large amounts of money in their transactions‚ the rise or fall of a currency can mean getting a surplus or a deficit on their balance sheets. What types of exchange rate risks do multinational companies face? One type of exchange risk faced by multinational companies is transaction risk. If a company sells products to an overseas customer it might be subject
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Multinational Management of Working Capital MNCs tie up funds when investing in their working capital‚ which includes short term assets such as inventory‚ accounts receivable‚ and cash. They attempt working capital management by maintaining sufficient short-term assets to support their operations. Yet‚ they do not want to invest excessively in short-term assets because these funds might be put to better use. The management of working capital is more complex for MNCs that have foreign subsidiaries
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