international business
Instructions
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.Please include an abstract
Answer
International BusinessAbstractCompany X dealing in the manufacture of underwear seeks to open operations in Romania. The company needs to send accountants, managers, and engineers to the country. They need to be trained and given excellent compensation to attain the best outcomes. For instance, they need to be offered health insurance. The strategy will enable them to be outstanding in the tasks they handle.IntroductionCompany X is involved in selling underwear for men and women. There is the need to invest in a firm in Romania which will make the product for the firm. There is the need to send individual professionals to Romania who will be keen on assessing the various conditions in Romania which could support the operations of the company. The personnel includes; an accountant, an engin...
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