An Australian MNC has subsidiaries in France, China, Canada, Turkey Essay

An Australian MNC has subsidiaries in France, China, Canada, Turkey and Vietnam, Indonesia and South Africa. With particular reference to legal, political, eco - Essay Example nent â€Å"down under† that expounds on European legacy with a democratically free market economy that just adopted economic reforms in 1980s contributing to its current robust economy. With a Western-style capitalist economy, output had risen beyond the internal needs so that raw materials and agricultural products lead the export sector of Australia. Low inflation, reforms and strong ties with countries like China coupled with conservative fiscal policies have maintained a very strong economy boasting of a $642.1. billion GDP purchasing power parity (CIA, 2006) and a 2.6 percent 2005 growth rate estimate. Australia’s GDP per capita is $32,000 as of 2005 (CIA, 2006). In order to necessitate different approaches to the establishment of an Australian multinational corporation’s (MNC) subsidiaries and their on-going operations in countries like France, China, Canada, Turkey, Vietnam, Indonesia and South Africa, various legal, political, economic and cultural issues must be addressed. Following are a country-per-country exploration on tackling business in consideration of the country’s environments, needs and other issues: Zitta Jewelries Corporation established in 1978 is one of the clienteles of Climax Mining Limited of Australia with vast connection and outlets all over the world, or among country capitals and major cities. Zitta either supplies raw materials such as gold, silver, copper, precious and semi-precious stones to jewelry manufacturers all over the world but they also distribute finished jewelry products, with their own exclusive jewelry shops in France, Canada, China, Turkey, South Africa, Vietnam and Indonesia. It employs about 350 persons all in all. Likewise, Zitta also outsource products from various countries especially where subsidiaries exist and leverage this products in all other outlets. Zitta both supplies raw materials to a subsidiary, or either source out raw materials from the subsidiary country when allowed. This way, each

Descrimination Essay Example | Topics and Well Written Essays - 1750 words

Descrimination - Essay Example As such, women, people with disabilities, people of color as well as people who are older face a many impediments to their full and active participation in the labor force of this country. The following research paper aims to explore discrimination with an eye to how this form of discrimination affects certain types of people, both within the wider society as well as within the labor market. What influences discrimination in the twenty-first century? How has society attempted to protect people from discrimination? These questions and many more will be discussed with reference to discrimination today. We now begin with an overview of the key integral for this research paper, including discrimination, prejudice and social bias. The United States has undergone quite substantial changes within the past century the country is much more diverse than it ever was. Immigration and the growth of globalization have altered the social composition of the United States of America. Today, there is a much larger percentage of people of color and visible minorities within key social institutions including government office – President Barack Obama is perhaps the most obvious example today. There is also increased the representation of visible minorities across the country in all aspects of public life – including in the police services and the education sectors, just to name a few. Changing worldwide immigration patterns have led to an increased flow of people from around the world to the United States, facilitating intercultural communication. American society has quickly become far less homogenous and cultural institutions are beginning to reflect this. Unfortunately with the changing social landscape of the United States and the changing nature of this country, the multicultural setting may lead to a rise in racism and discrimination in the twenty-first century (Cahn, 2002). Discrimination is described as