Multinational Corporation

Question 1

Enterprise that is headquartered in one country but
has operations in one or more countries.

Answer 1

Multinational Corporation

Question 2

a company that does
business in a select few countries around the world
and operates facilities such as warehouses or
distribution centres in at least one foreign country

Answer 2

Multinational Corporation

Question 3

Examples of MNC

Answer 3

Google, Apple, MCDO, and Amazon.com

Question 4

4 Types of MNC

Answer 4

Decentralized Corporation
Global Centralized Corporation
International Company
Transnational Enterprises

Question 5

have a strong presence
in their home country.

Answer 5

Decentralized Multinational Corporation

Question 6

means there is no
centralized office

Answer 6

Decentralization

Question 7

is one where decision-making
authority, operations, and management are spread across
different locations or subsidiaries, often with a significant degree
of autonomy.

Answer 7

Decentralized Corporation

Question 8

Often with significant degree of autonomy

Answer 8

Decentralized Corporation

Question 9

These subsidiaries may operate relatively independently but are
still part of the same corporate entity

Answer 9

Decentralized Corporation

Question 10

have a
central administrative office in the
home country.

Answer 10

Global Centralized Corporation

Question 11

They may outsource
production to developing countries to
save time and production costs while
making use of local resources

Answer 11

Global Centralized Corporation

Question 12

characterized by
a centralized management structure that makes key
decisions and controls operations from a single
headquarters or main office.

Answer 12

Global Centralized Corporation

Question 13

Despite having a global
presence,
decision-making
authority
remains
concentrated at the center

Answer 13

Global Centralized Corporation

Question 14

utilize the
resources of the parent company to
develop new products or features that
will help them gain a competitive edge
in local markets.

Answer 14

International Companies

Question 15

conducts business activities in
multiple countries, but it does not necessarily have a
strong integration or coordination of operations between
these countries. Each country’s operations may function
relatively independently

Answer 15

International Company

Question 16

have a decentralised
organisational structure with branches in
several countries. The parent company has
little control over the foreign branches.

Answer 16

Transnational Enterprises

Question 17

may have a
narrower focus, which is regarding a
particular market in a country or region

Answer 17

Transnational Corporation

Question 18

may only produce
goods or services that can be sold in a specific
market, such as cotton products, snacks, etc.

Answer 18

Transnational Corporation

Question 19

Culture is what shapes us, it is the
reason we have certain beliefs,
influences how we behave and is
what gives us our identity

Answer 19

Cultural Diversity

Question 20

is what shapes us, it is the
reason we have certain beliefs,
influences how we behave and is
what gives us our identity

Answer 20

Culture

Question 21

Other cultures perceive
time as cyclical and endless.
More importance is placed
on doing things right and
maintaining harmony,
rather than worrying about
getting things done “on
time.”

Answer 21

ATTITUDES TOWARDS
APPOINTMENTS AND
DEADLINES

Question 22

a promise to give yourself,
your money, your time, etc.,
to support or buy
something: Try the product
for two weeks with no
commitment to buy.

Answer 22

ATTITUDES TOWARDS
AGREEMENTS AND
COMMITMENTS

Question 23

IV. CROSS COUNTRY DIFFERENCE IN
INDIVIDUAL WORK VALUES AND ATTITUDES

Question 24

V. DIVERSITY CREATES LACK OF COHESION

Answer 24

a. mistrust
b. miscommunication and language barrier
c. work stress
VI. MNC WORKFOR

Question 25

VI. MNC WORKFORCE DIVERSITY

Question 26

VII. MANAGING DIVERSITY IN MNC DURING HRM

Question 27

VIII. CHALLENGES OF WORKING ACROSS CULTURE

Answer 27

> ethnocentrism > parochial attitude

Question 28

IX. POSITIVE WAYS WHEN ADOPTING CULTURAL DIVERSITY

Question 29

FACTORS WHICH CONTRIBUTE TO THE GROWTH OF MNCs

Answer 29

Market Expansion Market Superiorities Financial Superiorities Technology Superiorities

Question 30

ADVANTAGES

Answer 30

➢ Access to consumer ➢ Access to labor ➢ Overall development ➢ Technology ➢ Research and development ➢ Exports and imports ➢ MNCs help in curbing local monopolies.

Question 31

DISADVANTAGES

Answer 31

➢ Laws ➢ Intellectual property ➢ Political risk ➢ Loss of local businesses ➢ Loss of natural resources ➢ Money flows ➢ Transfer of capital

Question 32

HARMFUL EFFECTS OF MNCs TO THE PHILIPPINES

Answer 32

❑ Most people are becoming less interested in local products and businesses ❑ Some MNCs abuse the fact that labor rates in the Philippines is very low ❑ Some MNCs happen to be one of the largest Earth pollutants ❑ in terms of taxes and other fees, several MNCs owned by other countries do not pay appropriately.

Question 33

Several reasons explain the lack of Philippine MNEs.

Answer 33

• Largely agricultural in less developed country • The country’s economic, social and political structure is still “semi-feudal”

Question 34

The financial institutions that have the electronic banking that decide to cancel all electronic banking services or part types of electronic banking services should report the termination reason and the disposal scheme to

Answer 34

Central Banking.

Question 35

______ system guarantee authenticity, legality, and effectiveness of the customer information to prevent theft account, identity risk.

Answer 35

Encryption client identity

Question 36

The information disclosure system urged the bank to keep customer protection and privacy laws and regulations, it can help to

Answer 36

restrict bank legal risks and reputation risks.