Why is it more appropriate to call Edström and Galbraith’s third motive for using international transfers ‘coordination and control’ rather than ‘organization development’?
What will be an ideal response?
Edström and Galbraith’s description of this motive centers exclusively on control aspects and most of the IHRM literature published in English has interpreted it in this way. Additionally, all three motives identified by Edström and Galbraith may in fact lead to organization development defined as the increase of the company’s potential to succeed and compete in the international market. Therefore, organization development is not a goal of international transfers as such, but is rather the result of knowledge transfer, management development and the creation of a common organizational culture and an effective informal information network.
You might also like to view...
Long Island Company discards a truck that was originally purchased for $50,000 and had accumulated depreciation of $30,000. Prepare the journal entry for the disposal. Omit explanation.
What will be an ideal response?
On September 1, Knack Company signed a $50,000, 90-day, 5% note payable with Central Savings Bank. What is the journal entry that should be recorded by Knack upon maturity of the note? (Use 360 days a year.)
A. Debit Cash $50,625; credit Notes Receivable $50,625. B. Debit Notes Payable $50,000; credit Interest Revenue $625; credit Cash $49,375. C. Debit Notes Payable $50,000; debit Interest Expense $625; credit Cash $50,625. D. Debit Interest Expense $625; credit Interest Payable $625. E. Debit Notes Payable $50,625; credit Cash $50,625.
In using the variable cost concept of applying the cost-plus approach to product pricing, fixed manufacturing costs and both fixed and variable selling and administrative expenses must be covered by the markup
Indicate whether the statement is true or false
All of the following statements regarding convertible bonds are true except:
A. Holders of convertible bonds can generally decide whether to convert to stock. B. Holders of convertible bonds can choose when to convert to stock. C. Holders of convertible bonds can choose how many shares of stock to receive at conversion. D. Holders of convertible bonds have the potential to profit from increases in stock price. E. Holders of convertible bonds have the option to not convert and continue receiving bond interest payments and par value at maturity.