China always takes gift when on business q17 company

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China, always takes gift when on business Q17 Company shall not dominate in capital market of host company Shall not give or take bribe Shall follow environmental laws Will allow labor to form union
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Respect rights of employees Shall respect human rights Refain from host company political activities Company will not use child labor Multination – will not effect the balance of payment in host country Give preference to local sourcing Reinvest money in host country Q17 Specific duty – per item Ad velorem duty – charged % of item price or value of item Compound duty – combination of both Q19/Q20 Licensing Franchising Joint Venture Management Contract Turnkey Operation – done in complex projects Wholly owned (Green Field) – 100% invested Equity Alliance Lose control/less expensive, less risky – first step to go international esqeillay w/ no experience Q19 General motives for collaboration - Reduce and spread cost
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- Specialize in competencies - Avoid competition - Secure vertical and horizontal links - Gain knowledge - Over come legal constraints - Diversify geographically Q22 1)Focal Firm (multination company (500 + employees), Small (less than 500), Born Global (Young entrepreneurial company in early stages, 2)Distributor 3)Facilitator 4)Government Soft currency – not convertible (exotic currency) Guonxi – relationship Chaebol – few companies controlling product
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