Question

TRUE OR FALSE

When there is a legal dispute involving an MNC with a subsidiary abroad, the laws of the home country will always be applied.

In the U.S., the power of eminent domain comes with the condition that confiscated property is used for a public purpose and that just compensation is paid to the owner.

Regardless of cultural orientation, employees enjoy individual praise and recognition.

If an overseas subsidiary is managed by a host-country national, then it is not necessary to train the local labor.

On advantage that MNCs have when negotiating with unions is that unions cannot cross national borders, whereas MNCs can.

Because employees of Japanese firms are expected to stay with their companies for a long time, they are expected to be team players.

Answer 1

1.False

When there is a legal dispute involving an MNC with a subsidiary abroad, the laws of the home country will not always be applied. It depends upon the both country's trade laws , contract agreements and legal procedures. Some times the company have to face legal issues from outside domain.

2. True

In the U.S., the power of eminent domain comes with the condition that confiscated property is used for a public purpose and that just compensation is paid to the owner. Taking of property must be followed by the process of payment of just compensation. Government may take the property and can transfer the property to private third party for redevelopment.

3. True

Regardless of cultural orientation, employees enjoy individual praise and recognition. People centred companies recognize all employees with due respect. They can be treated as value partners and always harmony and culture of mutual respect can be seen in companies.

4. False

If an overseas subsidiary is managed by a host-country national, then it is necessary to train the local labor. Training is an inevitable process of enriching human capital. For attaining organisational goals the company must provide better training facilities to employees.

5.False

Unions activities can cross national borders. Like MNCs union activities , cooperation can influence cross broader activities.

6. True

Because employees of Japanese firms are expected to stay with their companies for a long time, they are expected to be team players. Division of labour, specialisation and collective work can contribute more to organisation. Thus team spirit can collective group can develop more arenas of development