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ROLE OF MULTINATIONALS. Day 7. Agenda. Example of work of a grant-giving agency US Agency for International Development Canadian International Development Agency Australian Agency for International Development Made in China Quick summary of Ch 11 Group time.
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ROLE OF MULTINATIONALS Day 7
Agenda • Example of work of a grant-giving agency • US Agency for International Development • Canadian International Development Agency • Australian Agency for International Development • Made in China • Quick summary of Ch 11 • Group time
Discuss issues raised in small groups • How does this flattening affect specific industries, i.e. are the effects the same? • Some have already been producing off-shore, e.g. car companies, so this should be a boost • Some have not, so opportunities • What is the ethical responsibility of a manager with an opportunity to offshore a portion of his or her business, at the expense of long time employees? • Check out how products vary and remain the same as they go to different countries: for example, yahoo and alibaba, cell phones, etc.
Ownership of Factories in China Presented by: Sierra Hanna Curtis Monette Sean Krause Andrew Weekly Paint Factory in China http://en.wikipedia.org/wiki/Image:Jotun's_paint_factory_in_China.jpg
Purpose To examine who owns the manufacturing plants in China, the process in which companies received authority to run the manufacturing plants, and the conditions under which they run the plants.
Who owns the factories in China “Only 220 of the biggest enterprises in the manufacturing industry are directly controlled by the state” according to a survey by the National Bureau of Statistics (Chinese State Owns Less Than Half Of Top 500 Manufacturing Companies) http://www.task.com.tw/images/jpegif/china%20factory.jpg
Taiwan in China Designed by someone, somewhere. Sent somewhere. Assembled & Made somewhere. Apple, Garmin, Microsoft, Cisco, Nike, Sony Taiwan is known for its strengths in reliable sourcing, leading technology and complex integration-and they get all the jobs done in China.
Taiwan in China Does the average consumer in the United States who buys an iPhone, an Xbox 360, a wireless router, or a Garmin GPS device know it’s from Taiwan? Designed by someone in the United States. Sent to Taiwan. Assembled & Made in China
FDI in China * Many foreign firms, including U.S. companies, are registered in the Virgin Islands, Cayman Islands, and Western Samoa for tax purposes. Source: U.S. $ Foreign Commercial Service and U.S. Department of State
Ch 11 - summary • There are 7 rules proposed by Friedman. • By groups, explain to the class what a rule means or suggests a company does and provide an example not in the book.
Rules • Dig inside yourself • The small shall act big • The big shall act small • Collaborate • Get regular x-rays • Outsource to win, not to shrink • Outsourcing is also for idealists
Term Project • Proposal due? • Questions on what is required? • Spend time organizing