Question Details

Part 1 4-5 pages

Your company sells underwear for men and women. You decide to invest into a firm in Romania that will produce this product for you. You are sending a manager, an accountant, and an engineer for this Romanian firm. All three are from the US home office.

What kind of training would you give them prior to their departure for their new assignment?

How would you handle their repatriation?

How will you compensate them?

Keep in mind that Romania is a member of the European Union (EU) as from January 1, 2007.

Partr 2 1-2 pages

Censorship, enforced written and unwritten laws, red tape and language hurdles not to mention having and keeping the rights to your own patents and products.

Give examples of 2 U.S companies who may have faced some or all of these issues.

Give examples of 2 U.S companies whose global ventures have gone smoothly.

To what do you attribute these negative and positive results? Country? Multi-national company (MNC) preparedness? Luck of the draw? Support your answers with appropriate theory.