Asked by Jared Easton on May 28, 2024
Verified
Expanding multinational corporations:
A) empower nationally focused labor unions
B) encourage nationally focused government regulations
C) increase demand for new skills and knowledge for managers
D) decrease job mobility
Multinational Corporations
Large companies that operate in multiple countries, managing production or delivering services in more than one country.
Job Mobility
the ability of workers to move between different jobs, roles, or industries, often as a way to advance their careers or improve their work situation.
Nationally Focused
Concentrating efforts, policies, or interests on issues within a single country rather than on international perspectives or concerns.
- Gain insight into how globalization and financialization influence labor standards, employment conditions, and policies related to the environment.
- Identify the benefits and criticisms of foreign direct investment and international investment.
Verified Answer
JT
Jasmine TumberJun 04, 2024
Final Answer :
C
Explanation :
Expanding multinational corporations require managers with knowledge and skills to work in different cultures and manage diverse teams. This leads to an increased demand for managers with these abilities. Choices A and B are unlikely because unions and government regulations may be seen as obstacles to the multinational corporation's interests. Choice D is also unlikely because expanding multinational corporations can provide opportunities for job mobility.
Learning Objectives
- Gain insight into how globalization and financialization influence labor standards, employment conditions, and policies related to the environment.
- Identify the benefits and criticisms of foreign direct investment and international investment.