An MNC May Gain from Its Global Presence by

question 73

Multiple Choice

An MNC may gain from its global presence by

• A)spreading R&D expenditures and advertising costs over their global sales.
• B)pooling global purchasing power over suppliers.
• C)utilizing their technological and managerial know-how globally with minimum additional costs.
• D)all of the options

Evaluate the social and economic challenges faced by the Bush administration and assess its responses to these challenges.

Understand the role and impact of HR professionals in leading and facilitating organizational change.

Recognize the significance of action research in the process of implementing change and its benefits.

Identify the essential elements of effective change management including the importance of managing mental models, defensive routines, and establishing a culture of learning.

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Definitions:

HR Segmentation

The process of dividing a workforce into distinct groups based on similar attributes or needs, in order to manage human resources more effectively and tailored to each segment.

Low Cost

A characteristic of goods, services, or processes that require minimal financial expenditure to acquire, maintain, or produce.

Internal Supply

Refers to the resources, capabilities, and competencies that are available within an organization, which can be utilized to achieve strategic objectives.

Retrained

The process of teaching employees new skills or refreshing their existing skills to meet the current demands of their job or prepare for new job roles.