Which of the Following Selections Accurately Reflects Labor Relations in China

question 44

Multiple Choice

Which of the following selections accurately reflects labor relations in China?

• A)Treat unions as partners; allow time for negotiations
• B)Tap large pool of labor cities; lax labor laws may become more stringent
• C)Understand changing Mexican labor law; prepare for increasing unionization of labor
• D)Be prepared for high wages and short work week; expect high productivity from unionized workers

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Definitions:

Multidomestic Strategy

A strategy whereby global firms respond to differentiated needs and preferences in each local market in which they operate.

Meganational Strategy

A strategy whereby global firms focus on increasing profitable growth by reaping cost reductions from economies of scale and other advantages of global integration.