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Just Pick the correct answer. Do not need to explain 1- Morgan Stanley is moving

ID: 1132927 • Letter: J

Question

Just Pick the correct answer. Do not need to explain

1- Morgan Stanley is moving jobs overseas. The US bank set out a plan to cut costs back in January, and CEO James Gorman said at the time that "too many employees" were based in high-cost centers. "Now is the time to tackle head-on our infrastructure costs," he said. "We said we were going to deploy 1250 people into our lower cost centers of excellence in Mumbai and other parts of the world," he said. "We have had about 450 jobs that we've put in those centers so far." Morgan Stanley isn't the only bank pulling this move. UBS has a plan to move about 2,500 jobs to low-cost locations such as Poland, India, China, and Nashville, Tennessee, over the next year.

Based on the above reading, what is driving US banks to move operations to places like Mumbay?

better leveraging of indian expertise

2-

Clorox pulls operations out of Venezuela Published September 22, Fox News Latino OAKLAND, Calif. (AP) – The consumer products company said that for almost three years its affiliate, Corporación Clorox de Venezuela S.A., had to sell more than two-thirds of its products at prices frozen by the Venezuelan government. Over that same time span, there was a sharp rise in inflation that resulted in significantly higher costs for Clorox. The Clorox Co. affiliate met repeatedly met with government authorities and said it had expected significant price hikes would be allowed earlier in 2014.

However, Clorox said that the price increases that were approved were "nowhere near sufficient" and that the company would be forced to continue selling products at a loss. Clorox, which makes Pine-Sol, Glad bags, wraps and containers and Kingsford charcoal, said it is now looking to sell its assets in Venezuela. Venezuela has grown unstable since the death of Hugo Chavez, its longtime president. Inflation has been raging and economists have recently begun talking about the possibility of a government default. Venezuelan President Nicolas Maduro, who has clamped down on large protests, has told foreign creditors that his government will make good on a $4.5 billion foreign debt payment due next month.

Which two risks forced the Clorox Co. to exit the Venezuelan market?

Political and legal

Political and financial

Socio cultural and political

3-

Here are ways to describe the values of the people of the country of Urantia: Loquacious, exuberant, emotional, theatrical, impatient, friendly, love music and dancing, flexible, optimistic, avoid unpleasantness, relaxed timed, break rules, unruly, cheerful. And these are the values of the people of Nebadon: Modesty, respect for elderly, patience, harmony, sense of duty, moderation in all things, no losing face, avoid extremes and shun indulgence, polite Based on what we have studied about cultures and Richard Lewis Cultural types, what is correct to say about Urantia and Nebadon?  

Urantia is a reactive country and Nebadon a Multi-active country

Nebadon is a linear-active country and Urantia Multi-active country

Urantia is a multi-active country, whereas Nebadon is a Reactive country

Both countries are between multi-active and reactive

Pursuit of efficiency in their scale of operation

Explanation / Answer

1. Ans. a. Persuit of efficiency in their scale of operation. It is because the plan to reduce the cost by shifting their employees in low cost centres will effectively reduce the average cost of operation and this lowering cost makes the organization in a position of efficient in terms of cost of operation.

2. Ans. B. Political and Financial. As inflation rate in Venezuela is going up rapidly and different political problems are arising. So it's a problem of political and financial.

3. Ans. B. Nebadon is linear active country and Urantia is a multi-active country.