Midterm Question #1

MNC's are complex organizations however, they dominate the worldwide market. Knowing the background and nature of MNC's, answer the following:


1. Identify the benefits and disadvantages of MNC's.

Benefits to Nations

Benefits of Multinational Investment :

To Host Nations :

• Access to Foreign Capital
• Development of Resources
• Technology and Productivity Improvement
• Management and Marketing Skills

To Host Governments :

• Revenue and Taxation
• Diplomatic and Economic Alliances

Benefits to Individuals

Multinational Benefits to Individuals :

• Employment and Jobs
• Skills and Education
• Entreprenurial Opportunities
• Consumer Products and Services
• Modern Commercial Institutions

Disadvantages of MNC's
A.On the home country:

1.Loss of jobs.
2.Loss of tax revenue.
3.Flexibility of operation is reduced in a foreign political system and thus causes instability.
4.Competitive advantage of multinationals over domestic firms.

B.On the host country:

1.Remittance of dividends and profits that can result in a net outflow of capital
2.MNCs engage in anticompetitive activities such as formation of cartels and dumping..
3.MNCs offer higher wages to its employees in the host countries,which is much more than any other domestic firm.
4.Obsolete technology may be used in the host country.

wiki.answers.com/Q/What_are_disadvantages_of_multinational_corporations - 49k -

2. Identify one MNC company and describe its operation.

Business Monitor Online’s Company Intelligence Service features 149,000 fully researched senior executives at 55,000 leading multinational company sites located across Asia, Latin America, Europe, Africa and the Middle East. The Company Intelligence Service includes multinational company profiles and site networks; competitive intelligence covering sales volume, employee size, market share, ownership structure, foreign direct investment and project activity, and analysis of latest company developments. The service can be customised according to your geographic or sectoral requirements, and can be taken in conjunction with your choice of the Industry Services (see industry links to the left).

The Company Intelligence Service is used by business development teams, and by corporate analysts and strategists for benchmarking and competitive analysis. The end-user relies on data accuracy, which is why company profiles are systematically researched each year at source, by a combination of web, email and telephone validation. In addition, company updates and new company profiles and executive appointments are added to the database daily through continuous desk research.

http://www.businessmonitor.com/bmo/companydata/?gclid=CNOKz7btl5oCFRUupAodgFMG9w

3. Describe how the parent control/coordinates with its subsidiaries in other countries or region.

Answer:

FedEx Corporation

Today's FedEx is led by FedEx Corporation, which provides strategic direction and consolidated financial reporting for the operating companies that compete collectively under the FedEx name worldwide: FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks and FedEx Services.

Originally called FDX Corp., FedEx Corp. was formed in January 1998 with the acquisition of Caliber System Inc. Through this and future purchases, FedEx sought to build on the strength of its famous express delivery service and create a more diversified company that included a portfolio of different but related businesses. Caliber subsidiaries included RPS, a small-package ground service; Roberts Express, an expedited, exclusive-use shipping provider; Viking Freight, a regional, less-than-truckload (LTL) freight carrier serving the Western U.S.; Caribbean Transportation Services, a provider of airfreight forwarding between the U.S., Puerto Rico, the Dominican Republic and the Caribbean Islands; and Caliber Logistics and Caliber Technology, providers of integrated logistics and technology solutions. These companies, along with worldwide express shipping


4. How is IT maximized or used by this MNC?

Answer:

The growth of the multinational corporation (MNC) is one of the most revolutionary and controversial phenomena in the development of the world economy during this century. MNCs are business firms that own or control production in more than one country. In practice, the largest MNCs orchestrate an ensemble of investments scattered across dozens of countries. Tied together by a vast communications web, these firms match various corporate functions, such as research and development, production, and marketing, with locales around the globe that feature the right mix of necessary ingredients, whether these be the skills and wage rates of local labor, the tax and regulatory policies of governments, the availability of needed infrastructure, or the supply of natural resources. The sheer size of many MNCs, combined with their economic efficiency and international mobility, not only provides such firms with a key place in the world economy, but also endows them with considerable political power and influence.

In recent decades, MNCs have expanded in numbers, size, and economic clout. Between 1980 and 1997, global foreign direct investment grew at an annual rate of 13%, compared with 7% per year for exports. In 1999, total FDI outflows from developed countries reached $595 billion. The number of firms worldwide that engage in FDI has more than tripled over the past three decades. By 1997, 54,000 parent MNCs controlled 449,000 foreign affiliates around the world representing an overall investment valued at $3.4 trillion. The worldís two hundred largest corporations now account for more than 25 percent of all global economic activity. U.S. MNCs earn twice as much in revenue from manufacturing operations abroad as from exports. Indeed, one third of all world trade takes place on an intrafirm basisóamong different units of the same global company. The yearly sales of the largest MNCs dwarf the annual GNPs of a vast majority of Third World countries and the annual sales of the world's largest MNCs exceed the combined national incomes of 182 countries. Among the 200 largest MNCs, 62 are based in Japan, 53 in the United States and 23 in Germany. Only two of the top 200 are headquartered in the developing world.

5. What were the weaknesses/problems encountered by this MNC from its environment and global setup?

Answer:

A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management. Very large multinationals have budgets that exceed those of many small countries.

Sometimes referred to as a "transnational corporation".

Investopedia Says:
Nearly all major multinationals are either American, Japanese or Western European, such as Nike, Coca-Cola, Wal-Mart, AOL, Toshiba, Honda and BMW. Advocates of multinationals say they create jobs and wealth and improve technology in countries that are in need of such development. On the other hand, critics say multinationals can have undue political influence over governments, can exploit developing nations as well as create job losses in their own home countries.

Reference: fedex.designcdt.com/.../company_information/fedex_history

ww.answers.com/

Fullname: Melbert Estorpe

Prelim Question #4

Tuesday, April 21, 2009

Prelims Question 4

Ethics is relevant regardless of the type of organization and style of management. It is by this ethics that legal and moral laws are established. IT is not at all excluded from this.Answer then the following.

1. List down the ethics for computer usage.

Answer:Over the past 50 years, computers have undergone transformation from monolithic number crunchers, to centralized repositories of management information systems, to distributed, networked, cyberspace support systems. During the same period, uses of computers have moved from computational problems to life support, from machine language to GUIs, from abstractions of work to virtual reality on the World-Wide Web. These transformations have brought with them situations that have ethical implications.

2.What common norms of ethics violation happen in the internet and in the organization.

Answer: If you have good computer ethics, you won't try to harass or hurt people with your computer, and you won't commit crimes such as information theft or virus creation. The problem that often arises when some of us are on a computer is that we don't see the harm in snooping in another person's private information or trying to figure out their passwords. It seems smart to copy and paste information into a school report and pretend that we wrote it. (Even if the information were public property --which most of it isn't-- that would be dishonest.) The crimes committed with hacking or gaming scams may not seem harmful because the victims lack faces. Flaming (aiming abusive, insulting messages at another person online) seems risk-free since we are anonymous. Indulging in obscenities and other offensive behavior online might feel empowering simply because no one knows who we really are. No one is going to come knocking on the door and demand a physical confrontation. However, every one of those activities is a violation of computer ethics.


ecommerce.hostip.info/pages/243/Computer-Ethics-COMPUTER-ETHICS-IN-WORKPLACE.html - 11k

3. How does ethics affect the decision making of mangers?

Answer:Typically, there are four critical criteria ethical decision-making—Utilitarianism, Individualism, Rights approach and Justice approach. A company may have to identify the relevant area to judge ethics of business decisions. This paper provides a brief tutorial on how companies can manage business ethics and social responsibility.

Business ethics consists of a set of moral principles and values that govern the behavior of the organization with respect to what is right and what is wrong. It spells out the basic philosophy and priorities of an organization in concrete terms. It also contains the prohibitory actions at the...

resources.bnet.com/topic/decision…management.html - More from this site - Similar pages

4. Cite a company which experienced legal or social conflicts because of its violation of ethics. You may check as example the problem of pre-need insurance companies in the Philippines.

Answer: Petron or gasoline station

a. Describe briefly the nature of the problem.

Answer: How to stay as a competitive gasoline station even if their are many gasoline station company build.

b. How was this resolved?

Answer: To become an affordable gasoline station company so that the owners of cars users still be their client.

c. Who were affected?

Answer: The owners of cars etc.

d. What were the damages?

Answer: The gasoline.







Fullname: Melbert Estorpe

Prelim Question #3

Tuesday, April 21, 2009

Prelims Question 3

A company has basically four (4) levels of organizational hierarchy and each level makes use of unique IT technology and software to address and/or support their works.

Answer then the following:

1. Identify and describe information systems (IS) used in each level.

Operational-level Systems
Support operational managers by keeping track of the elementary activities and transactions of the organisation. The principle purpose of systems at this level is to answer routine questions and track the flow of transactions through the organisation. Covers things such as sales, receipts, cash deposits, payroll, credit decisions, flow of materials.

Knowledge-level Systems
Support knowledge and data workers in an organisation. The purpose of these systems is to help the organisation discover, organise and integrate new and existing knowledge in to the business, and to help control the flow of paperwork. These systems, specially in the form of collaboration tools, workstations, and office systems, are the fastest growing applications in business today.

Management-level Systems
Designed to serve the the monitoring, controlling, decision-making, and administrative activities of middle managers. These typically provide periodic reports rather than instant information on operations. Some of these systems support non-routine decision-making, focusing on less-structured decisions for which information requirements are not always clear. This will often require information from outside the organisation, as well as from normal operational-level data.

Strategic-level Systems
Help senior management tackle and address strategic issues and long-term trends, both within the organisation and in the external environment. Principal concern is matching organisational capability to changes, and opportunities, occurring in the medium to long term (i.e. 5 - 10 years) in the external environment.

www.macs.hw.ac.uk/~trinder/DbInfSystem/typesOflS.ppt

2. How do these IS help the employees and managers achieve their objectives.

The Infomation System(IS) help the employees and managers achieve their objectives to facilitate their work and to learn about new hardware,software and methods to improve their performance.

3. Cite a local or national company that makes use of these IS and identify the benefits and drawbacks/lapses of these IS.



Fullname: Melbert Estorpe

Prelim Question #2

An organizational may adopt a closed-system or open-system model.

1. Discuss the pro's and con's of each model.

Answer: If you use internet connection your work finish a little bit of time, the con's can affect to our health.

2. Cite a company that uses any of this model. Describe briefly how this chosen model affect the entire company.

Answer: In the IT world, an appliance is a complete stack of functionality in a single, closed system. Typically this will include the hardware, operating environment, any required middleware, and the application functionality itself, all in a single pre-built, pre-configured device.
The analogy is often drawn to basic household appliances like washing machines, and to more ‘high-tech’ devices such as digital video recorders (DVRs), which are increasingly complex and computerized. The TiVo, for example, is a sophisticated Linux-based multi-media computer, yet it is entirely plug-and-play, requiring no software installation or knowledge of the underlying computing capabilities.


http://www.cloupdate.com/trends/article.php/3670581/the-Pros-and-cons-of-virtual-appliances.htm

3. Evaluate how an environment affects the organization and its management. Discuss the pro's and con's of not responding to the demands of the environment.

Answer: The pro's of not responding to the demand of the environment the internet connection they are slow in information, and the cos;s is that using the computers can cause stress.

Reference: My opinion
Fullname: Melbert Estorpe

Prelim Question #1

Question:

1. How do you perceive information as a resource of a company?

To perceive information as a resource of a company. A survey of Human Resource practitioners' perceptions of pre-employment screening procedures was conducted. The results indicated differences between tests in terms of perceived accuracy and offensiveness, as well as other attributes. Regression analyses suggested that beliefs about validity, the number of other companies using these procedures, perceived offensiveness of the test, and ease in passing the test were important factors in the willingness to use a particular test. Conversely, perceptions regarding the discriminatory impact of the test and the cost of using the test generally were not related to willingness to use the test. Limitations of this study, which was primarily exploratory, are noted.

http:www.springerlink.com/




2. Cite a company, its nature. Describe how the information from its environment improve its management and business as a whole.

Dole Food Company, Inc. offers a variety of more than 200 products, including fresh fruit, fresh vegetables, packaged foods and value-added products. Learn more about Dole Food Company and its many offerings in All About Dole - 2005.As the world's largest producer and marketer of high quality fresh fruit and fresh vegetables and with a growing line of packaged and frozen foods, the DOLE brand is synonymous with high quality standards and satisfaction. Dole has earned this reputation over the last 154 years thanks to its unwavering commitment to fulfill its customers' needs and consumers' expectations in the critical areas of quality assurance, food safety, traceability, environmental responsibility and social accountability.


http:www.dole.com/company info/




Fullname: Melbert Estorpe

mgt7 #1

wajajajajajaj