Explain how U.S. multinational companies (MNCs) differ from European multinational companies (MNCs) in their approaches...
Explain how U.S. multinational companies (MNCs) differ from European multinational companies (MNCs) in their approaches to control.
Homework Answers
Multinational companies in US and Europe differ in many ways like the way they operate and the way they control. Europe has more affinity towards their regional languages and cultures compared to US which makes the operation of MNC s difficult here when compared to US. US companies gives much freedom to their employees in innovations and decision making when compared to Europe which has more strict rules. Europe companies have more rules in protecting their consumer data when compared to US. US companies has more control over the world economy when compared to Europe because of it's diverse work culture .
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Explain how U.S. multinational companies (MNCs) differ from European multinational companies (MNCs) in their approaches...
Explain what is meant by docking, and how rigid and flexible docking approaches differ. Comment on...
Explain what is meant by docking, and how rigid and flexible docking approaches differ. Comment on the relative strengths and limitations of each approach.
EU 4. How does the European model of antitrust differ from the American model?
EU 4. How does the European model of antitrust differ from the American model?
You are the finance manager of a U.S. multinational firm that has sold US$6 million of...
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Can someone please help with this? "As a European multinational brand, LVMH's home currency is euro....
Can someone please help with this?
"As a European multinational brand, LVMH's home currency is euro. Imagine in 2007 LVMH sells one of its linen suits for $800 in the U.S. and euro/dollar exchange rate was $1-€1.35. However, in 2008, the euro strengthens to S1-€1.11. Thus, in order for € revenue to be less affected, thinking the demand will not be affected much either, the brand increases the price of the same linen suit by 10% in the U.S. (@)...
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Can someone please help with this?
"As a European multinational brand, LVMH's home currency is euro. Imagine in 2007 LVMH sells one of its linen suits for $800 in the U.S. and euro/dollar exchange rate was $1-€1.35. However, in 2008, the euro strengthens to S1-€1.11. Thus, in order for € revenue to be less affected, thinking the demand will not be affected much either, the brand increases the price of the same linen suit by 10% in the U.S. (@)...
10) Suppose you read the following: "U.S. multinational companies tend to suffer when the strengthens, because their foreign profits are worth fewer dollars when they bring home carnings." This is an example of the effect(s) a change in currency value can have on a company's cash flows. A) halo B) conversion and competitive C) conversion D) competitive 11) Suppose that the current exchange rate is £1.00 - $2.00. The direct quote, from the US perspective A) $2.00 - £1.00. B)...
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