MNGT141Session5.pdf - Know How Management Concepts Relate 1...

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Know How Management Concepts Relate 1. International organizations are organizations that are based primarily within a single country but have continuing, meaningful international transactions — such as making sales and purchases of materials — in other countries. Transnationals take the entire world as their business arena. Doing business wherever it makes sense is primary; national borders are considered inconsequential. The translational organization transcends any single home country, with ownership, control, and management being from nay different countries. Differences pertain to their level of involvement. Transnational organizations represent the fourth and maximum level of international activity as depicted on the continuum of international involvement. International organizations are more extensively involved in the international arena than are domestic organizations, but less so than transnational organizations. 2. Workers in multinational organizations can be divided into three basic types. Expatriate is an organization member who lives and works in a country where he or she does not have citizenship. Host-country national is an organization member who is a citizen of the country in which the facility of a foreign-based organization is located. And lastly, third-country national is an organization member who is a citizen of one country and works in another country for an organization headquartered in still another country. Organizations that operate globally may employ all three types of workers. The use of host-country nationals, however, is increasing because they are normally the least expensive to employ. Such employees, for example, do not need to be relocated or undergo training in the culture, language, or tax laws of the country where the organization is doing business. Both expatriates and third-country nationals, on the
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