Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1- ABC Computers based in San Francisco, California. The shareholders, managers, and directors are Americans. However, most of the employees of the company are South

1- ABC Computers based in San Francisco, California. The shareholders, managers, and directors are Americans. However, most of the employees of the

company are South Korean where the computers are manufactured and then exported to the USA.

2- XYZ Computers is based in Germany. Their shareholders, managers, and directors are German. However, most of the employees of the company are

Californians where the (high tech) computers are designed and manufactured. Many of these are exported to Germany.

Many people would say the ABC is an American company while XYZ is not. Robert Reich argues otherwise. He looks at the impact that the company has on the

US economy (employment, for example) as the best guide. XYZ has much more impact here than ABC.

Is IBM an American company? More than 40% of its employees are foreign. IBM's Japanese subsidiary employs more than 18,000 Japanese workers and is one

of Japan's leading exports of computers. Whirlpool employs more than 43,000 people around the world in 45 countries. Is this an American company? What about

Chiquita Banana whose operations are in Central America and much of its exports do not go to the USA? Is this an American company? What about Boeing,

General Motors, Mc Donalds?

How would you define a company as 'American'? Is there such a thing as a purely American company? What does 'purely American' mean to you? Is this a result

of globalization where more and more of the world's economies are integrated?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Roger A Arnold

13th Edition

1337617407, 9781337617406

More Books

Students also viewed these Economics questions

Question

Values: What is important to me?

Answered: 1 week ago

Question

Purpose: What do we seek to achieve with our behaviour?

Answered: 1 week ago