Why do you think corporate universities are becoming more popular among MNEs? How do both MNEs and employees benefit from corporate universities?
What will be an ideal response?
Originally, corporate universities aimed to teach practical skills and workplace systems. MNEs are now thinking of training as a strategic imperative. They use their corporate university to embed new hires with a strategic understanding of operations as well as fortify the commitment of current workers. The need to generate, transfer, and adopt ideas from wherever they originate to wherever they add value, particularly compelling for the MNEs building a globally integrated enterprise, calls for preparing all employees to do so. In addition, MNEs implementing an international, multidomestic, or global strategy face pressures, given growing globalization, to help employees understand worldwide operations, opportunities, and constraints. Another reason for corporate universities is integrating diverse workforces. Hiring people from around the world expands the mix of nationalities and ethnicities.
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Which of the following would most likely help Victoria manage her time effectively?
A) preparing a "to do" list each day and prioritizing tasks B) creating a monthly sales log to submit to her manager C) making notes of customers she calls each week D) contacting customers by e-mail and text E) maintaining a separate home office telephone
Given the following financial statements for ARGON Corporation, what is the company's after-tax
cash flow from operations? Income Statement Balance Sheet Year Ended 12/31/10 12/31/2010 12/31/2009 Sales $1,300,000 Current Assets $50,000 $45,000 Cost of Goods Sold 750,000 Fixed Assets 430,000 350,000 Operating Expenses 200,000 Total Assets $480,000 $395,000 Depreciation 100,000 EBIT 250,000 Current Liabilities $35,000 $50,000 Interest Expense 50,000 Long-term Debt 330,000 270,000 EBT 200,000 Common Stock 5,000 5,000 Taxes 80,000 Retained Earnings 110,000 70,000 Net Income $120,000 Total Liabilities & Equity $480,000 $395,000 A) $270,000 B) $120,000 C) $295,000 D) $10,000