What Are the Key Micro and Macro Issues That a Firm

question 25

Essay

What are the key micro and macro issues that a firm needs to consider when contemplating a global strategy? Discuss in relation to an Australian aluminium producer.

---

Definitions:

Skill-Based Pay

A compensation system that bases an employee's pay on the skills, knowledge, and abilities they bring to a job, rather than their position or title.

Fortune 1000

An annual list compiled by Fortune magazine ranking the 1000 largest US corporations by total revenue for their respective fiscal years.

Ethical Goals

Objectives that align with moral principles, guiding individuals and organizations in making decisions that are good, right, and fair.

Unethical Behavior

Refers to actions that violate moral or professional norms, either by doing what is wrong or failing to do what is right.