Article Abstract:
Small open economies can survive by supporting their own multinationals. Canadian multinationals are located in mature resource-based segments of the economy. Their strength in the international market comes from their country advantages, and their efficient vertical integration (which allows them to internalize the resource advantages). Other key elements of Canadian multinationals success are their strategic planning, product differentiation, and a good relationship with governments. Managers of Canadian multinationals have taken a decentralized, profit-center approach to international business.
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Article Abstract:
The trans-European high-speed networks will require investment from private sources in order to be completed but there will continue to be a need for some public funding. The positive benefits to the European environment, society and the economy by a trans-European network should be recognized and adequate public funding awarded to the high speed rail scheme. Public money may be used to lessen the risk for private investors and to ensure the projects are viable. Much of the public funding comes from taxation. The European Union has predicted some 220 billion ECU will be required by 2000.
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Article Abstract:
Research is presented concerning the responses of six multinational companies to environmental regulations. The advantages of being first mover in the development and implementation of green strategies is discussed.
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