Management
12th Edition
ISBN: 9781305393462
Author: DAFT, Richard L.
Publisher: South-Western College Pub
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Question
Chapter 4, Problem 8DQ
Summary Introduction
To Explain:
Two U.S. companies are competing to take over a Large factory in the Czech Republic, one delegation tours the facility and asks questions about how the plant might be run more efficiently. The other delegation focuses on ways to improve the working conditions and produce a better product. Which delegation do you think is more likely to succeed with the plant? Why? What information would you want to collect to decide whether to acquire the plant for your company?
Introduction:
The day has gone when business men used to buy a factory by just paying the amount. This is also not possible in case of large factory specially if it has thousands of employees. Because the government worries about their people so they will allow only those deal which will bring some good things for their people. So in future also people centric decisions will have to take if you really want to grow.
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Chapter 4 Solutions
Management
Ch. 4 - Prob. 1OTJVCCh. 4 - Prob. 2OTJVCCh. 4 - Prob. 3OTJVCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQCh. 4 - Prob. 6DQCh. 4 - Prob. 7DQ
Ch. 4 - Prob. 8DQCh. 4 - Prob. 9DQCh. 4 - Prob. 10DQCh. 4 - Prob. 1EECh. 4 - Prob. 2EECh. 4 - Prob. 3EECh. 4 - Prob. 4EECh. 4 - Prob. 5EECh. 4 - Prob. 6EECh. 4 - Prob. 7EECh. 4 - Prob. 8EECh. 4 - Prob. 9EECh. 4 - Prob. 10EECh. 4 - Prob. 11EECh. 4 - Prob. 12EECh. 4 - Prob. 13EECh. 4 - Prob. 14EECh. 4 - Prob. 15EECh. 4 - Prob. 1SGBCh. 4 - Prob. 1EDCh. 4 - Prob. 2EDCh. 4 - Prob. 3EDCh. 4 - Prob. 1CFCACh. 4 - Prob. 2CFCACh. 4 - Prob. 3CFCA
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- 2. Culture explains how we behave toward each other and with other groups especially when doing business across borders. Pretend you have been hired by ABC Company Limited. Your manager has indicated to you that the company wishes to do business in foreign markets but is worried about the cultural risk of foreign markets. With the use of an example, briefly describe to your manager ONE cross cultural risk that the company should be aware of and ONE recommendation you will make to mitigate your identified risk. A complete answer will include the use of an example to help support your explanation on the cross-cultural risk in the context of internationalization.arrow_forward1.Describe the market conditions that influence a firm's decision to enter foreign markets. 2. Some companies have been criticized for moving their manufacturing to other countries where laws protecting the environment are more lenient and goods can be produced more cheaply because the firms do not have to invest in ways to protect the environment. What do you think of this practice? What can government and /or consumers do to prevent such actions?arrow_forwardIn order to develop a collaborative and cooperative relationship between countries, Mor Barak (2014) believes there must be a “respectful cultural relationship” between individuals in other countries. Discuss the policies and practices that a multinational organization can propose/develop to help create a “respectful cultural relationship” between its home country and its host countries. Additionally, expand upon the challenges of understanding and operating in cultures that are drastically different than one’s home country.arrow_forward
- Select a multinational company that operates in your country. Evaluate the importance to this company of undertaking SWOT and PEST analysis before it substantially expands its operations. [20]arrow_forwardYou will be sending one of your employees to several new countries for short-term assignments. You need to decide between low-rigor cross-cultural training and high-rigor cross-cultural training.Which method would work best? How would you decide between the two, and what elements would your training involve?arrow_forwardhat are the pros and cons of using expatriates, host-country nationals, and third-country nations to run overseas operations?arrow_forward
- EXPLAIN THE DIFFERENCE BETWEEN EXPATRIATE AND HOST-COUNTRY NATIONAL BY USING AN EXMPLE?arrow_forwardHow can a company deal with the differences in culture when operating in Russia and Brazil?arrow_forwardA nation becomes a company's profit sanctuary when A) the company earns a substantial portion of its total profits from sales in that nation due either to its strong or protected competitive position. B) that nation is the company's biggest revenue source. C) the company locates all its value chain activities in that country because of exceptional profit opportunities. a majority of the company's customers are in that country. D) the company is the market share leader in that country market.arrow_forward
- 9arrow_forward4.The prevalence of international business has increased significantly during the last part of the twentieth century, thanks to the liberalization of trade and investment and the development of technology. Today, global competition affects nearly every company—regardless of size. Many source suppliers from foreign countries and still more compete against products or services that originate abroad. International business remains a broad concept that encompasses the smallest companies that may only export or import with one other country, as well as the largest global firms with integrated operations and strategic alliances around the globe. Evaluate the idea of “Globalization” from 360-degree perspective. Justify your evaluation based on any FIVE (5) points.arrow_forwardWhat are some of the benefits of using home-country nationals in overseas operations? What are some of the benefits of using host-country nationals?arrow_forward
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