Ajay_Maheshwari_500_Module_2_Nov2

Ajay_Maheshwari_500_Module_2_Nov2 - Module 2 Module 2:...

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Module 2 1 Module 2: Modern Management Challenges MBA in Finance (2010)
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Module 2 2 Abstract Response to the first essay question defines the term Multinational Corporation and why BRIC countries-Brazil, Russia, India, and China are considered preferred destinations. Quick facts about 2 US based and 2 Outside US based MNC’s like Fiserv, CSC, Infosys and ICICI. Response to the second essay question describes Reverse discrimination, its linking with affirmative actions. How it affected my field of Engineering when Indian Government started Quota system for Women for higher education. Response to third question discusses some of the actions like Effective communication, Information seeking, Well-versed with People skills and use of Information Technology that Managers might take to stay well-informed. Response to the fourth question lists some of the factors one must consider before accepting any foreign assignments. Response to fifth question explains affirmative action, some of its praises and criticisms and why I support Affirmative action. .
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Module 2 3 Module 2 Deliverables Assignments: Essay Questions Essay Question 1 What is meant by a multinational corporation (MNC)? Give 2 examples of MNCs that are U.S. based, and 2 that are based elsewhere but operate in the U.S? Discuss in scholarly detail. Response: A corporation that has its facilities and other assets in at least one country other than its home country is known as Multinational Corporation. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management. The Dutch East India Company (Vereenigde Oost-Indische Compagnie or VOC in Dutch, literally "United East Indian Company") was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21- year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. It was also arguably the world's first mega corporation, possessing quasi-governmental powers, including the ability to wage war, negotiate treaties, coin money, and establish colonies. It is increasingly recognized that foreign direct investment by multinational companies can make a significant contribution to development through the transfer of technology and modern management practices and by strengthening the capacity of developing and transition countries to produce goods and services that meet global standards. Today, some 50,000 multinational enterprises and their 450,000 affiliates employ over 200 million people throughout the world. Their impact is felt in virtually every facet of industry,
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Module 2 4 trade, services and business activities. Very large multinationals have budgets that exceed those of many small countries. Multinational companies are pinning their hopes for growth on emerging markets,
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Ajay_Maheshwari_500_Module_2_Nov2 - Module 2 Module 2:...

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