P3-7. Why did each choose to participate in the joint venture rather than operate its own wholly
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P3-7. Why did each choose to participate in the joint venture rather than operate its own wholly owned subsidiary? Globalization means different things to different people. To the CEO of a multinational enterprise, globalization reflects the changing business world: access to new consumers, opportunities to reduce production costs by siting factories in low-cost areas, and the threat of competition from foreign firms. To workers in developed countries, globalization often implies job insecurity and no raises. To human rights activists, globalization implies exploitation of workers and denial of human rights
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Related Book For
International Business A Managerial Perspective
ISBN: 9781292018218
8th Global Edition
Authors: Ricky W. Griffin, Michael Pustay
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