How are various factors of production affected by global competition? Do we man

How are various factors of production affected by global
competition? Do we manage people any differently in a
globally competitive environment?

Question Posted / yasir_irfan7

2 Answers
10395 Views
Allama Iqbal Open University, ICFAI, University, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

How are various factors of production affected by global competition? Do we manage people any diffe..

Answer / zohaib

Abstract
This paper addresses how the global activities undertaken
by multinational enterprises (MNEs) in international
settings impact corporate governance mechanisms and
accountability systems. International corporate governance
and accountability research, whether from a political
science, economics, finance, or accounting perspective, has
thus far predominantly focused on the comparison of
corporate governance schemes in different countries and on
the investigation of institutional parameters that
determine these schemes. Straying from this line of
inquiry, this article discusses how globalization at the
firm level affects governance and accountability systems at
parent- and subsidiary-levels. It emphasizes how an MNE's
globalization attributes such as globalization scale,
foreign adaptation, global competition, and international
experience influence the design of governance mechanisms
such as board size, board composition, executive
compensation, market discipline, interlocking directorate,
ownership concentration, duality and inbreeding, as well as
the design of accountability systems such as accounting
information, auditing standards, and financial and non-
financial disclosures. This article bases its conjectures
on information processing and agency theories.

Is This Answer Correct ?

34 Yes

15 No

How are various factors of production affected by global competition? Do we manage people any diffe..

Answer / maqbool

all successful corporates shall have vision, policy
methodology, to face competition including domestic and
global.
without these corporates falls at start-up
with these qualities corporates survive for a very longer
period.

competition is complementary to success of corporates - a
healthy sign.
competition never kills peers - it the technology that work

Is This Answer Correct ?

14 Yes

4 No

Post New Answer

More Human Resources Interview Questions

In few of my interviews, the interviewers asked a question as ' Do you have any questions to ask? ' First thing that came to me is 'No'.Later I realized that this was not the right answer and I should provide an answer that is,as apt as the job i was going to seek at that time.Any better answer to this query?

4 Answers

what is motivation?

12 Answers

From a strategic perspective, how can senior management make the best use of the human resorce function?

0 Answers ABC,

What is your experience with the meet and confer process?

0 Answers

As jobs become more team-oriented, assessment centers will be used more often for non-management jobs. Do you agree or disagree?

0 Answers

If a person drawing RS.29000/- as net salary per month... Can any one please provide is his gross salary and total other cuttings...

0 Answers

Can anyone tell me what is exactly mean by employer mapping in recruitment