ADM 2337 Lecture Notes - Lecture 7: Multinational Corporation, Independent Business, Root Mean Square

• School: University of Ottawa
• Department: Administration
• Course: ADM 2337
• Professor: Catherine Elliott

Document Summary

Mc multinational corporation: rm with independent business units operating in multiple countries (foreign subsidiaries) Glothat bal corporation: rm that has integrated worldwide operations through a centralized home of ce, see the whole worlds as their marker. Transnational corporation: rm that attempts to balance local responsiveness and global scale via a network of specialized operating units, most global, best at being efficient while matching. Managing your international opperations: staf ng internationally: expatriates, or home country nationals. > employees from the home country on international assignment (e. g, embassy: host country nationals. > employees who are native of the host country: third country nationals. > employees who are natives of a country other than the home country or the host country. Recruiting internationally: we need to consider work permit or visa, guest workers, apprentices, transnational teams. > selecting employees in a foreign country environment can be dif cult. > get to know the local market and customs in hiring.